MICA, Ahmedabad offers various scholarships, tuition fee waivers, and financial grants. These awards are granted based on scholastic excellence, financial background, and active participation in campus life. Eligible candidates can receive up to a 100% tuition waiver or specialized equity-based funding. Candidates can check below table for the complete information of MICA, Ahmedabad scholarships:
| Programme |
Financial Aid & Benefits |
|---|---|
|
PGDM-C (2-Year, Full-Time) |
|
|
PGDM (2-Year, Full-Time) |
|
|
PGCM-AMC (1-Year, Residential) |
Merit-based assistance and tuition fee waivers |
|
FPM (4-Year Doctoral) |
100% Tuition Fee Exemption + Monthly Fellowship (INR 45,500 – INR 48,500) + Annual Contingency Allowance |
Scholarship Schemes & Eligibility Guidelines
- Merit-cum-Means Scheme: Available to PGDM and PGDM-C scholars based on overall household income alongside internal academic performance at MICA. Beneficiaries receive a reduction in tuition costs ranging from 25% to 100%.
- Equity Scholarship Fund: Its purpose is to remove financial obstacles for deserving students, offering financial assistance up to INR 5,00,000 per student.
- Doctoral Fellowship (FPM): FPM researchers receive full coverage of tuition costs for four years, alongside a monthly living stipend (INR 45,500 - INR 48,500) and an annual research contingency grant between INR 25,000 and INR 30,000.
MICA provides scholarships to students as financial assistance. The allocation of these scholarships depends on a student's overall academic performance, family income, Scrutiny of ITR and bank statements of the family for the previous three years, and Other achievements.
If we go by the information on the official website, the MICA PGDM fee for both years is INR 30.1 lacs, but this could also include additional charges like Residential Charges, Infrastructure Facility Charges, etc. Apart from these, you'll need to pay an application fee of 2,500. Examination fees are also to be paid by the students before the exams. For more details on the MICA Ahmedabad MBA fees, visit the official website of the college.
Reviews (Showing 6 of 39 reviews)
Placements: At MICA, the whole batch was placed on time without any cap or anything. We saw a good rise in the average stipend for this year and it was the best as compared to the history of MICA. Though we are not allowed to share specific details I can just assure you that at MICA, you will get the best of the best marketing roles in the best of the best companies like HUL, ITC, Google, IBM, Amul, etc.
Placements: 100% placements are offered. The placement committee works hard to ensure every student is placed. No forced opt-out like in a lot of IIMs and private colleges. Quality of placement with respect to marketing is great. You get exposure to good roles in good companies in both internships and final placements. Companies do trust and respect the MICAN edge.
Placements: The placement process went quite smoothly and efficiently in our batch. Almost 90% of the batch got a job through the campus placement process. The top recruiting companies were ITC, Tata Group, Reliance Industries, Nestle, etc. The highest salary package offered was 12 LPA, and the average salary package offered is 6 LPA. The lowest salary package offered was 3.5 LPA. Almost 99% of the batch managed to get internships in similar organisations.
Placements: There were 100% placements in MICA. About 88 companies participated in campus placements. The average salary package offered here was about 14 LPA. Companies like Lenskart, Aditya Birla, IBM, Mahindra Rise, Raymond, etc., hired students from here. For internships, the average stipend offered was Rs. 80,000 per month.
Placements: Above 80% of the students got placed in our course. In our course, the highest salary package offered is 58 LPA, the lowest salary package offered is 17 LPA and the average salary package offered is 43 LPA. Top recruiting companies are Google, IBM, ICICI Bank, Beiersdorf, BBH, Kotak Mahindra Bank, Casio, Intel, Cactus and Mahindra Rise. Top roles offered to the students are project manager, brand strategist, brand manager and cloud consultant.
Placements: MICA is one of the best management institutes which offers various communication-related courses. One of the most surprising factors of MICA is its placement. Every year 100% placement is observed. This can happen because of the reputation of the institute and good alumni network. The highest package at our time was more than 50 Lacs.
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Student Forum
Anything you would want to ask experts?Answered 4 days ago
No. For PGCM-AMC admission, MICA considers graduates from all academic disciplines. What the programme looks for is creative thinking, communication ability and genuine motivation to build a career in creative communications, not a specific undergraduate degree.
A
Contributor-Level 9
Answered 4 days ago
The fees of the one-year programme at MICA in 2026-27 is INR 13.3 lakh, inclusive of tuition, residential charges, internet and computing, library and database access, and medical facilities and Insurance.
A
Contributor-Level 9
Answered 4 days ago
Yes. Candidates need to appear for MICAT to be eligible to secure admissions for PGCM-AMC. MICAT is MICA's own entrance exam, conducted twice a year (typically in December and February). The better score from two MICAT attempts is considered.
A
Contributor-Level 9
Answered 4 days ago
MICA PGCM-AMC is a Post Graduate Certificate Programme, not a degree or Diploma programme. It is designed to provide specialised, industry-oriented learning in Crafting Creative Communication (CCC).
A
Contributor-Level 9
Answered a year ago
The institution had secured 100% placement rate during the placement seasons 2024 and 2023. The placement rate recorded during season 2025 has not been out yet. Check out the complete insights of MICA placements 2023-2025 for PGDM programme listed below:
Particulars | Placement Statistics (2023) | Placement Statistics (2024) | Placement Statistics (2025) |
|---|---|---|---|
the highest Package | INR 36 LPA | INR 35.50 LPA | INR 40.91 LPA |
Average Package | INR 20.09 LPA | INR 19.21 LPA | INR 19.22 LPA |
Median Package | INR 19 LPA | INR 18 LPA | INR 18 LPA |
Students appeared for placements | 173 | 195 | 195 |
Placement Rate | 100% | NA | |
Total Offers | 173 | 196 | 195 |
Total Recruiters | 70+ | 87+ | 92 |
Top Sector | Analytics, BFSI, and Consulting | FMCG | FMCG, FMCD, E-Commerce & Quick Commerce |
M
Contributor-Level 10
Yes, MICA scholarships are awarded based on a student's overall academic performance, his/her family income. Students are selected for MICA scholarships based on criteria mentioned below: