SKEMA Business School offers 15+ scholarships, of which 7 are accessible to Indian applicants at all levels.
The school spends EUR 15 million (INR 145+ Crores) each year on financial aid across its 10 campuses. Most Indian students stack a SKEMA merit reduction with a French government award like Eiffel or Charpak.
- Standard MSc 1-year tuition: EUR 19,000 (INR 18.48 Lakhs)
- With SKEMA Excellence Scholarship waiver: EUR 15,000 (INR 14.59 Lakhs) net
- With Excellence waiver plus Eiffel stipend over 10 months: around INR 3 Lakhs out of pocket
- Next intake deadline: Tentative August 15, 2026 (Fall 2026 final wave); October 15, 2026 for January 2027 intake (rolling monthly)
Currency Note: All INR conversions use the live rate of 1 EUR = INR 97.25 as of August 2026. A tuition waiver directly reduces what you pay; a stipend is a monthly living allowance transferred to your account.
Table of Contents
- SKEMA Business School Scholarships for UG Students
- SKEMA Business School Scholarships for PG / Master’s Students
- India-Specific Scholarships at SKEMA Business School
- SKEMA Business School PhD Scholarships
- External Government Scholarships for SKEMA Business School
- SKEMA Business School Scholarships: Frequently Asked Questions
SKEMA Business School Scholarships for UG Students
The Global BBA at SKEMA Business School costs EUR 14,500 per year (INR 14.10 Lakhs). Indian UG applicants have limited school-side merit awards but can layer French government stipends and Indian trust grants on top.
| Scholarship | Value (EUR / INR) | Eligibility for Indians | Deadline |
|---|---|---|---|
| SKEMA Emergency Scholarship | Case by case, up to EUR 4,000 (INR 3.89 Lakhs) | Enrolled BBA students facing financial hardship, with proof of income change | Rolling, apply after enrolment |
| Charpak Exchange Scholarship (Campus France) | EUR 700 per month (INR 68,075 per month) plus visa fee waiver | Indian BBA students on a semester exchange to a French SKEMA campus | Tentative April 30, 2027 (for Fall 2027 exchange) |
| Erasmus Plus Grant | EUR 350 to EUR 600 per month (INR 34,000 to INR 58,350) | BBA exchange students moving between SKEMA campuses inside the EU | Tentative March 31, 2027 (annual) |
| KC Mahindra Scholarship (India based) | Up to INR 8 Lakhs, interest-free loan scholarship | Indian BBA admits with confirmed SKEMA offer letter | Tentative March 31, 2027 (annual cycle) |
UG applicants should treat SKEMA’s own funding as thin and plan around external sources. The Charpak Exchange stack works only for the semester spent inside France, not for the full three-year Global BBA.
Reddit Insight: BBA applicants on r/StudyInFrance flag that KC Mahindra decisions arrive in June, three months after most SKEMA fee deadlines, so keep an interim payment plan ready.
SKEMA Business School Scholarships for PG / Master’s Students
PG scholarships at SKEMA Business School are heaviest for MSc and MiM (Grande École) candidates. Merit reductions apply directly against the EUR 19,000 (INR 18.48 Lakhs) one-year MSc tuition or the EUR 37,000 (INR 35.98 Lakhs) two-year MiM tuition.
| Scholarship | Value (EUR / INR) | Eligibility for Indians | Deadline |
|---|---|---|---|
| SKEMA MSc Excellence Scholarship | Up to EUR 4,000 tuition waiver (INR 3.89 Lakhs), first year only | Strong academics, GMAT 650+ or equivalent, assessed at time of admission | Awarded with admission decision (no separate form) |
| MiM Grande École Merit Waiver | EUR 2,000 to EUR 4,000 (INR 1.95 to INR 3.89 Lakhs) | Top decile MiM admits ranked by GMAT plus GPA composite | Awarded with admission decision |
| Global Executive MBA Excellence Grant | Up to 20 percent of EUR 60,000 (INR 11.67 Lakhs off) | EMBA candidates with 10+ years work experience and strong interview scoring | Rolling; tentative October 31, 2026 for January 2027 intake |
| Women in Leadership Grant (EMBA) | Up to EUR 8,000 (INR 7.78 Lakhs) tuition reduction | Female EMBA candidates in mid-to-senior management roles | Rolling; tentative October 31, 2026 for January 2027 intake |
| SKEMA Emergency Scholarship (PG) | Case by case, up to EUR 5,000 (INR 4.86 Lakhs) | Enrolled PG students with documented income shock | Rolling, apply after enrolment |
The MSc Excellence Scholarship is the workhorse for Indian applicants. It appears inside the admission letter automatically, so a separate essay is not required.
Reddit Insight: Indian MSc admits on r/MBA report Excellence waiver amounts scale with GMAT: below 650 gets EUR 1,000 to EUR 2,000, while 700+ scores unlock the full EUR 4,000 slot.
India-Specific Scholarships at SKEMA Business School
SKEMA Business School does not run an India-only branded scholarship, but two French government programmes are effectively India-first. The Charpak scheme is named after Nobel physicist Georges Charpak and reserved for Indian passport holders.
| Scholarship | Value (EUR / INR) | Eligibility for Indians | Deadline |
|---|---|---|---|
| Charpak Master’s Scholarship (Campus France) | EUR 700 per month plus visa waiver plus insurance, worth EUR 7,000 (INR 6.81 Lakhs) over 10 months | Indian passport, admitted to a Master’s in France, age under 30, GPA around 7.5/10 | Tentative January 15, 2027 (annual cycle) |
| Charpak Lab Scholarship | EUR 700 per month (INR 68,075), covers 2 to 4 month research internship | Indian BBA or MSc students securing a research placement at SKEMA labs | Tentative March 31, 2027 (annual) |
| JN Tata Endowment Loan Scholarship | Up to INR 10 Lakhs low-interest loan plus INR 7.5 Lakh gift component | Indian PG admits with SKEMA offer letter and repayment guarantor | Tentative March 24, 2027 (annual) |
| Inlaks Shivdasani Foundation Scholarship | Up to USD 100,000 (INR 84 Lakhs) | Indian MSc, MiM, or EMBA applicants under 30 with a first-class undergraduate degree | Tentative March 15, 2027 (annual) |
Charpak plus SKEMA Excellence is the most common Indian stack. Together they can bring net first-year MSc outlay under INR 10 Lakhs, before living costs in Paris.
SKEMA Business School PhD Scholarships
The PhD in Management at SKEMA Business School is fully funded. Total support across five years is EUR 99,750 (INR 96.99 Lakhs), covering the entire programme cost.
- Year 1: Doctoral scholarship covering full tuition plus stipend
- Years 2 to 4: Teaching and research assistantships providing salary plus tuition
- Year 5: Dissertation-year support and conference travel funding
| Scholarship | Value (EUR / INR) | Eligibility for Indians | Deadline |
|---|---|---|---|
| SKEMA Doctoral Scholarship | EUR 99,750 over 5 years (INR 96.99 Lakhs) | Indian applicants with a research Master’s, GMAT/GRE, and a matched supervisor | February 15, 2027 (annual, hard deadline) |
| Eiffel Excellence PhD Track | EUR 1,700 per month (INR 1.65 Lakh per month) for up to 12 months | Indian PhD admits under 35, nominated by SKEMA to the French Ministry | Tentative January 5, 2027 (via SKEMA nomination window closing December 2026) |
| Make Our Planet Great Again Grant | Up to EUR 1.5 million per project (INR 14.59 Crores) | Indian PhD or postdoc candidates working on climate, energy, or earth systems | Rolling; tentative September 30, 2026 for next call |
The Eiffel PhD track cannot be applied for directly. SKEMA must nominate the candidate, so contact the doctoral office before the December 2026 internal cutoff.
External Government Scholarships for SKEMA Business School Applicants
French government scholarships for Indian students to SKEMA Business School stack cleanly with school aid. Applications go through Campus France India, not SKEMA directly.
| Scholarship | Value (EUR / INR) | Eligibility for Indians | Deadline |
|---|---|---|---|
| Eiffel Excellence Scholarship (Master’s) | EUR 1,181 per month (INR 1.15 Lakh per month) for up to 24 months, plus travel and insurance | Indian Master’s admits under 25, nominated by SKEMA Business School | Tentative January 5, 2027 (SKEMA nomination window closes December 2026) |
| Charpak Master’s Scholarship | EUR 7,000 over 10 months (INR 6.81 Lakhs) plus visa and insurance | Indian nationals admitted to a French Master’s, age under 30 | Tentative January 15, 2027 (annual) |
| Erasmus Mundus Joint Masters (EMJM) | Up to EUR 1,400 per month (INR 1.36 Lakh) plus tuition, travel, insurance | Indian applicants to SKEMA-partnered EMJM programmes such as the MSc in Sustainability | Tentative January 10, 2027 (varies by consortium) |
| French Embassy Bourse d’Excellence | Full tuition plus EUR 615 per month (INR 59,808) stipend | Selected Indian PG admits nominated jointly by embassy and SKEMA | Tentative February 28, 2027 (annual) |
Reddit Insight: r/StudyInFrance regulars warn that Eiffel results release in late March, three weeks after most fee deposits are due, so budget for a refundable EUR 4,000 seat block.
Explore More: SKEMA Overview | Admissions | Fees | Ranking
SKEMA Business School Scholarships: Frequently Asked Questions
Ques. What is the maximum scholarship funding an Indian student can stack at SKEMA Business School?
Ans. Indian MSc admits can stack the SKEMA Excellence waiver worth EUR 4,000 (INR 3.89 Lakhs) with the Eiffel Master’s stipend of EUR 1,181 per month for 12 months. Combined value crosses INR 17.65 Lakhs, more than the full one-year MSc tuition. Adding Charpak visa waiver and insurance pushes the effective package past INR 18 Lakhs.
Ques. When should Indian applicants submit scholarship applications to SKEMA Business School?
Ans. Submit the SKEMA admission application by the 15th of each month for rolling review. For Eiffel and Charpak, submit through Campus France India by mid-January 2027 for a September 2027 intake. Working backwards, that means finalising your SKEMA admission decision before November 2026.
Ques. Do I need to fill a separate form for the SKEMA MSc Excellence Scholarship?
Ans. No. The Excellence Scholarship is awarded automatically inside the admission letter based on your GMAT or GRE score, undergraduate GPA, and essays. There is no separate form or extra fee. Indian candidates who submit a GMAT above 700 typically receive the full EUR 4,000 (INR 3.89 Lakhs) slot.
Ques. What is the Charpak Scholarship and how do Indian students at SKEMA Business School qualify?
Ans. The Charpak Master’s Scholarship is a Campus France award reserved for Indian passport holders under 30 admitted to a French Master’s programme. It provides EUR 700 per month (INR 68,075) for 10 months, waives visa fees, and adds free health insurance. Indian SKEMA MSc admits with a GPA around 7.5 out of 10 and an admission letter dated before December 2026 are strong candidates.
Ques. Can SKEMA scholarships cover living costs in Paris?
Ans. SKEMA merit waivers only reduce tuition, not living costs. Paris living expenses run EUR 1,200 to EUR 1,500 per month (INR 1.17 to INR 1.46 Lakh per month) including rent, food, and transport. To cover living costs, layer the Eiffel or Charpak monthly stipend on top. You can also apply for the French CAF housing benefit worth up to EUR 250 per month (INR 24,313).
Ques. Is the PhD in Management at SKEMA Business School fully funded for Indian students?
Ans. Yes. The five-year PhD carries full funding worth EUR 99,750 (INR 96.99 Lakhs). You get a doctoral scholarship in year 1 and teaching or research assistantships in years 2 through 4. Indian candidates must submit by February 15, 2027, secure a supervisor match, and clear a research proposal review. The Eiffel PhD stipend of EUR 1,700 per month (INR 1.65 Lakh per month) can top up the package for nominated candidates.
Scholarships offered
Axol Science Scholarship
- International Student Eligible: Yes
- Amount: $2,000
- Type: Company-Sponsored
- Level of Study: Bachelor
- Number of Scholarships: N/A
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