IIM Bangalore (IIM B) awards various scholarships to students as financial assistance. All the Indian Institute of Management Bangalore, PGP students with an annual household income below INR 8 lakh are eligible to apply for the financial aid. The below-mentioned are the IIM Bangalore scholarships:
| Scholarship | Eligibility | Amount |
|---|---|---|
| Aditya Birla Scholarship | Merit-based scholarship given to both first and second-year PGP students who are among the top 25% of the batch in first-year | INR 1.75 lakh per year |
| OPJEMS Scholarship |
Merit-based Scholarship given to PGP students of second year who are among first ten toppers. Students need to apply for OP Jindal Group's online test to avail of this scheme |
INR 1.5 lakh |
| NTPC Scholarship Scheme | Students belonging to SC/ ST/ PwD categories and are in the second year of management studies | INR 48,000 per year |
| Employment in Social Sector Scholarship | Reimbursement of one-third of the fees at the end of each year of work for the first three years in the social sector | N/A |
| Ministry of Tribal Affairs Scholarship (ST) | National Scholarship for Higher Education of ST students enrolled in the first year of PGP | Full tuition fees |
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IIM Bangalore Scholarship FAQs
Given below are the FAQs about the scholarships offered at IIM Bangalore:
Yes, IIM Bangalore offers scholarships for the MBA programme in Risk Management. The college offers various scholarships to students like Adiya Birla Scholarship, OP Jindal Engineering and Management Scholarship, etc. Its selection criteria include several steps such as application and interview.
Yes, IIMB extends financial aid to students in need of assistance. The objective of the Financial Aid Policy at IIMB is to ensure that no student is deprived of education at the institute for financial reasons. All PGP students with annual family incomes below INR 8 LPA are eligible to apply for financial aid. Other students with severe financial difficulties arising from sudden unforeseen circumstances are also considered. The Financial Aid Committee undertakes a two-step process for deciding the number of awardees and the quantum of aid. In the first stage, the students are given a financial status score based on four criteria: Annual Gross Household Income (including income of the student if employed before joining IIMB and outstanding loans if any, provided they were not taken for conspicuous consumption), household savings, real estate assets, and other assets. Based on this score, some of the students were called for personal interaction with a faculty panel. Based on the weighted average of these two scores, applicants are provided with 100%, 80%, 60%, 40%, or 20% financial aid.
IIM Bangalore takes MBA admissions through CAT exam. After clearing the exam, students have to appear for GD and PI rounds. The total tuition fee for the MBA course is INR 26 Lakh at IIM Bangalore. Hostel and accomodation charges are separate.
Talking about the fee concession, the institute offers financial aid and scholarships to eligible candidates.
Reviews (Showing 6 of 44 reviews)
Learning Experience: The course is very relevant to our day-to-day life and the industry's needs. We get to learn many creative subjects like accounts, coding, building a venture from 250, and UI/UX. The level of skills and guidance that is provided here is unimaginable. It provides you with an upper edge over a normal BBA, where it is only about the old-school rigorous subjects.
Placements: They haven't guaranteed placements, but yeah, people are getting very good opportunities through it, like someone is going for an educatio...
Placements: Placements were totally amazing, and I was quite satisfied with the placements via IIM Bangalore. Students got the best industrial exposure here in Bangalore. The average package size was 13 LPA, and the maximum package offered was 45 LPA. Internships opportunities were provided to students in their first year itself.
Placements: Above 40% of students are placed from my course. The highest package offered for this course is 17 LPA, and the lowest is 4 LPA. Top recruiting companies hiring students in this college. The percentage of student internships is greater than 30%.
Placements: Many companies based out in South India visit, covering every sector, including food processing, tech, and consultancy, with Bangalore City having a huge impact. The entrepreneurship cell of IIPM is gaining significant momentum, which is reflected in many students opting for entrepreneurship.
Placements: IIM Bangalore is one of the top management colleges in the country. At this college, 100% of students get placements for our course. The average package offered in this college was 8-13 LPA. The top recruiting companies were Capgemini, Cognizant, Infosys, Tech Mahindra, Goldman Sachs, etc., for our course. All the students get internship opportunities at our college with a handsome stipend.
Placements: There were approximately 90% of students placed in my course. The highest and lowest packages offered were 15 and 7 LPA respectively. Top companies such as Amazon and TCS recruited from my course. There were eighty percent of students who got internships in many companies such as Amazon and Accenture. Companies offer internships to students for roles such as Tally and MS Office Word.
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Student Forum
Anything you would want to ask experts?Answered a year ago
Yes, IIM Bangalore offers multiple scholarships for its students. The institute provides both government and non-governement scholarships. The institute provides finacial aid to its students via some of the following scholarships:
- Aditya Birla Scholarship
- OPJEMS Scholarship
- NTPC Scholarship Scheme
- Emplo
U
Contributor-Level 10
Answered 3 years ago
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Guide-Level 15
Answered a month ago
IIM Bangalore offers Two-year programme for Working Professionals (PGPEM). The IIM Bangalore PGPEM is a programme designed for working mid-level and senior executives with a minimum of six years of work experience after graduation. The purpose of the programme is to complement the excellent function
P
Contributor-Level 9
Answered 4 months ago
For girls seeking a bright future, the choice between Lovely Professional University and Indian Institute of Management Bangalore depends largely on the course, career goals, and stage of education. These institutions serve different purposes and therefore are not directly comparable in every situat
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Contributor-Level 10
Answered 2 months ago
IIM Bangalore has deep engagements with several international networks. Indian Institute of Management Bangalore India has collaborated with 90 international partner institutions across the world in 30 countries. IIAM Bangalore has developed an extensive International Student Exchange Network to pro
P
Contributor-Level 9
Students enrolled in the MBA course at IIM Bangalore are eligible to apply for financial aid if their annual household income is less than INR 8 lakh. Consideration is also given to those students who are experiencing extreme financial difficulties as a result of sudden, unforeseen events. Candidates can refer to the table below to know about IIM Bangalore scholarships, along with information on eligibility requirements and award amounts: