Scholarship Offered Through CAT by IIMs and Other B Schools

    Anam Shams Anam Shams
    Content Curator

    Scholarship are offered by premier IIMs and other B schools on the basis of CAT scores. With the trend of entrepreneurship rising in the country with the tiniest of ideas booming on to multi-directional companies has become a common phenomenon. At this juncture of development in the country, an MBA becomes all the more necessary. However, the most practical Business Schools believe that for the smartest minds, money should never be a hurdle and to put an end on such financial constraints, they present scholarship through CAT.

    • Prestigious IIMs like IIM Ahmedabad, Lucknow and Bangalare provide government, aided and special scholarship to admitted students based on their CAT Scores, academic performance and economic background.

    • Private institutes are also ahead in assisting students through various scholarships to pay their tuition fee. B schools like LPU, TA PAI, Amity and likewise grant upto 100% fee waiver to eligible students.

    • Other non-IIM B schools like MDI, ISB  make it to the list of institutes offering scholarships to students based on their merit and need. 

    CollegeDunia has covered and provide a credible yardstick that aspirants can use to decide which B-School to apply for. To help one navigate through a welter of information regarding scholarships for CAT toppers or financial assistance for MBA aspirants, we have enlistedtop B-Schools in India which provide scholarships and financial assistance to the deserving candidates along with the criterion followed for the same.

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    IIM Ahmedabad Scholarship through CAT

    IIM Ahmedabad Scholarship through CAT

    The elite institute provides a need-based scholarship for economically weak students. The scholarship amount is based on the annual gross family income. For an instance,

    • Tuition Waiver Based on Family Income: A student who is willing to pursue PGP and PGP-ABM and whose total family income does not exceed INR 6 Lacs are eligible for the fee waiver scheme. 
    • Government of India Merit-cum-Means Scholarships: Given both in the first and second year, awarded to a maximum of 25% of students (of the non-sponsored student body) each year.

    • SC/ST Scholarship: All SC/ST students studying in IIM A are granted INR 150 every month upto 10 months. 

    • IIM-A Special Need Based Scholarship:Students whose gross family income is less than 2 lakh in a financial year are eligible to apply under this scholarshi-p. Family income is taken into consideration of parents/ guardians or spouses. Income of student or their siblings is not taken into account.

    • Aditya Birla Group Scholarship: Based on merit selection of this scholarship is done by ABG about 3 each for PGP I and PGP II. Amount of scholarship is around INR 1.25 lakh per annum per student.

    • Ocwen Scholarship for Competence in Academics: Granted by Ocwen financial solutions pvt ltd, the scholarship is given to one first year student at IIM A. Final selections are done on the basis of a research paper and personal interview.

    • OP Jindal Engineering and Management Scholarship: Granted 1 each to PGP I nad PGP II student, this scholarship is granted by OP Jindal Group. Strong academic background, excellent online test and personal interview are considered to grant this scholarship.

    • ONGC Merit cum Means Scholarship: Awarded to selected SC/ST students to the management institute by  PSU.

    Read IIM Ahmedabad Admission Criteria and CAT Cutoff

    IIM Bangalore Scholarship through CAT

    IIM Bangalore Scholarship through CAT

    1. Total fee of the program at IIM B stands somewhere around 20 lakhs and thus scholarships provided at IIM Bangalore are very important. One of the most important scholarship assistance for IIM is provided by the Society General Global Solution Centre India Scholarship, given to the neediest applicants in the first year and the amount varies in accordance with the financial condition of the candidates.

    2. PGP students with annual household income below INR 6, 00,000 are eligible to apply for the scholarship. The scholarship committee undertakes the two-step process for deciding the number of scholarship awardees. Along with the financial aid which is provided on the basis of financial needs there are certainly other scholarships that can be availed by the students by fulling the required criteria. 

    Scholarship

    Amount

    Aditya Birla Scholarship

    INR 1.75 lakh

    OPJEMS Scholarship

    INR 1.50 lakh

    Citi Women’s Leader Award

    -

    Societe Generale Global Solution Centre India Scholarship

    -

    Siddhartha Padam Award

    INR 50,000

    IIMB PGP Alumni First Batch (1976) Scholarship

    INR 75000

    Runwal Education Trust Scholarship

    INR 100000

    Hindustan Unilever / T Thomas Scholarship

    INR 1 lakh

    Yes Bank Scholarship

    INR 2 lakh

    NTPC Scholarship Scheme

    INR 48,000

    Employment in Social Sector Scholarship

    -

    Ministry of Tribal Affairs Scholarship (ST)

    -

    Ministry of Social Justice and Empowerment Scholarship (SC)

    -

    Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD)

    -

    Read IIM Bangalore Admission Criteria and CAT Cutoff

    IIM Lucknow Scholarship through CAT

    IIM Lucknow Scholarship through CAT

    Different scholarships provided by the institute are:

    • Need-Based IIML Scholarships in which IIM Lucknow awards scholarships for up to 15% of the student intake based on merit and family income.

    • Industry Sponsored Scholarship: Several industries also sponsor scholarships ranging from INR 6,000 to INR 1 Lac per annum.

    Other are Merit-cum-Means Scholarships. These include

    • Scholarships of INR 2200 per annum to a maximum of 25% of the students subject to specified norms.

    • Bharti Scholarship: An amount of Rs. 50,000 p.a. is given to meritorious and needy students (annual income not exceeding INR 1.08 Lac)

    • SC/ST Scholarship: The Government of India SC/ST Scholarships of INR 1500 per annum to all SC/ST students admitted to the program.

    Check IIM Lucknow Admission Criteria

    Scholarship by Top B Schools: IRMA, ISB, TISS

    Institute of Rural Management, Anand Scholarships

    IRMA provides scholarships from Sir Ratan Tata. Also, more than 15 other scholarships are made available by the Ministry of Social Justice and Empowerment that covers the entire cost of education of SC/ST candidates Another 5 scholarships from the Ministry of Tribal Affairs and a National Dairy Development Board scholarship can be availed by the SC/ST candidates.

    • Merit Based Scholarship from Sir Ratan Tata: 5 scholarships that cover second year fees, maximum amount upto INR 50, 000.
    • SC/ST Scholarships: More than 15 scholarships are granted to SC/ST students that cover the entire cost of fees.
    • Government of India Scholarship: 10 scholarship to IRMA for SC/ST students by the government
    • Ministry of tribal affairs scholarship: Ministry offers 5 scholarships on behalf of central government to SC/ST candidates.
    • National Dairy Development Board also provides scholarship to students from tribal community.

    Institute for Financial Management and Research, Chennai

    • Merit Cum Means Scholarship: Granted to outstanding candidates. Amount ranges from INR 1 lakh to even full waiver of tuition fees
    • T Thomas Scholarship: Hindustan Unilever Limited grants scholarship of upto INR 1 lakh to best candidate of PGDM course. 

    ISB, Hyderabad Scholarships 

    ISB awards scholarships both on the basis of need and merit. It also provides a fee remission to candidates performing up to the standards set up by the institute. The scholarship varies in amount which includes some full scholarships! So if you believe you have the potential and can prove it, there is no boundary here and you can and must take admission in this institute.

    The ISB also partners with several corporates to provide scholarships during the course of the academic year in which Citibank, HSBC and Novartis Group offer scholarships up to INR 6 Lacs.

    Also, 10 Global Scholarships are offered to ten applicants from ten different international geographic areas and the scholarship amount ranges from INR 3 Lacs to INR 15 Lacs.

    Tata Institute of Social Sciences, Mumbai Scholarships

    • MK Tata Trust Scholarship: On the basis of need cum merit candidates are selected from programmes like social work, HRM, Health administration, Hospital administration.
    • Twenty Free Studentships: Awarded to deserving and meritorious students from economically weak backgrounds.

    Other B Schools Offering Scholarships through CAT

    Other B-School Scholarships 

    The Amity Business School offers two types of scholarships- a complete waive off or a 50% scholarship. Amity Business School offers 100% scholarship to the candidates obtaining a minimum of 93% aggregate (excluding Physical Education, Fine Arts & Performing Arts) in Class XII of CBSE/ICSE Board and 80% marks in graduation.

    A 50% Scholarship will be awarded to candidates who secure 88 percent marks in aggregate and above in Class XII of CBSE/ICSE and 75% marks in their graduation.

    InstituteDetails
    T.A. Pai Management Institute, Manipal ScholarshipsScholarship of INR 1 Lac to the top three performing students in both the years of MBA Program along with hgh CAT Score
    Management Development Institute, Gurgaon ScholarshipsMerit Scholarships of INR 10,000 are given to five students. An additional Bharti Foundation Scholarship is also awarded on the basis of merit.
    National Institute of Management, Mumbai Scholarships Need-based concession in the tuition fee to the extent of 30% is given to the students whose family income is less than INR 150,000 (for PGDIM/PGDISEM/PGDITM students)
    Jaipuria Institute of Management, Lucknow ScholarshipsScholarships based on a student’s performance in their respective entrance examination through which they have taken admission in the institute for first year and later on for the second year, the scholarships are given to the first three rank holders
    Welingkar Institute of Management Development and ResearchTopper awarded 100% fee waiver, second ranker awarded a laptop and third ranker a foreign sponsored internship.

    Scholarship by Private B Schools: IBA, LPU, SRM

    Indus Business Academy, Bangalore Scholarships 

    There is a variety of scholarships provided at Indus Business Academy, Bangalore. Scholarship of INR 10,000 is provided via Merit-cum-means scholarships and corporate scholarships. Thus, a working professional gets help from the employer.

    IBA provides a scholarship of INR 30,000 to students who have secured

    • 80% aggregate marks in their Class 10, Class 12 and Graduation, or

    • 80 percentile or above in CAT /XAT, or

    • 96 percentile or above in MAT / ATMA / CMAT / State Govt. Tests 

    A scholarship of INR 40,000 is provided to candidates who secure

    • 90 percentile or above in CAT / XAT 2019, or

    • 99 percentile or above in MAT / ATMA / CMAT / State Govt. Tests.

    Lovely Professional University, Phagwara Scholarships

    Lovely Professional University, Phagwara awards scholarships based on the candidate’s performance in LPU-TFA (LPU-Test for Financial Aid) or Co-curricular activities like Sports, Cultural or National Bravery Awards.

    CAT Percentile above 90: Scholarship amount of INR 50,000 per semester

    CAT Percentile between 80 and 80.99: Scholarship amount of INR 40,000 per semester

    CAT Percentile between 70 and 70.99: Scholarship amount of INR 30,000 per semester

    SRM School of Management Scholarships 

    SRM Founders Scholarship: The most prestigious scholarship for any SRM student is the SRM Founder’s Scholarships, which includes not just the full fee waiver of tuition, but also the hostel charges, mess charges, and other than this, you even get a stipend INR 1,000/- per month!! This scholarship is offered to top state rankers in school final.

    Merit Based Scholarship: Other one is a Merit based Scholarship given to students who secure above 95% in CBSE or in State board examinations. They get up to 50% of tuition fee waiver in the branch they are eligible for at the time of counseling. A merit-Cum-Means Scholarship is offered to students with financial constraints based on their performance in the qualifying examination.

    Scholarship for Minority Students: Scholarship upto 25% to 100% fee waiver granted to meritorious students belonging to minority community.

    Scholarship to Physically Challenged Students: Full tuition fee waiver granted to selected students who are specially abled.

      Skyline Business School, Scholarships

      • Outstanding Performance in GD/PI: Scholarship amount of upto INR 20,000 is granted.
      • First division in Graduation: Scholarship amount of upto INR 20,000 is granted.
      • 75 Percentile and above in CAT: Scholarship amount of upto INR 20,000 is granted.
      • Work experience in Grade A organisation: Scholarship amount of upto INR 20,000 is granted.

      We hope you found the information helpful and you were able to arrive at a conclusion. The awards being offered must also give you a boost to perform so well that you can be benefited from the scholarships enlisted above.

      *The article might have information for the previous academic years, which will be updated soon subject to the notification issued by the University/College

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