IDRAC Business School offers 7+ scholarship pathways, of which 5 are accessible to Indian applicants.
- Standard PG tuition (MBA International Business Management): EUR 17,500 per year (INR 18.77 Lakhs)
- With IDRAC merit reduction (top 10% applicants): effective outlay drops to approximately EUR 14,000 per year (INR 15.02 Lakhs)
- With Charpak Master’s stack: EUR 700 monthly stipend plus tuition support brings net year-one cost to about EUR 6,500 (INR 6.97 Lakhs)
- Next application deadlines: Tentative July 15, 2026 (September intake) and tentative November 30, 2026 (January 2027 intake)
Currency Note: All INR conversions use the live rate of 1 EUR = INR 107.27 as of June 2026. "Grande Ecole" refers to France’s highly selective institutions with government-recognised Master’s grade.
Table of Contents
- IDRAC Business School Scholarships for UG Students
- IDRAC Business School Scholarships for PG / Master’s Students
- India-Specific Scholarships at IDRAC Business School
- IDRAC Business School PhD Scholarships
- External Government Scholarships
- IDRAC Business School Scholarships: Frequently Asked Questions
IDRAC Business School Scholarships for UG Students
Indian applicants to the Bachelor in Marketing and Business can stack IDRAC’s internal merit reduction with two external mobility grants. Standard UG tuition starts at EUR 5,673 per year (INR 6.09 Lakhs).
| Scholarship | Amount (Local + INR) | Eligibility | Deadline (Tentative) |
|---|---|---|---|
| IDRAC Merit Reduction (Internal) | Up to EUR 2,000 per year (INR 2.15 Lakhs) | 12th aggregate above 85%; entrance test score in top quartile | Rolling; June 30, 2026 for September intake |
| Charpak Bachelor’s (Semester) | EUR 700 per month living allowance for one semester (INR 75,089 per month) | Indian passport; enrolled Indian UG student; age under 30 | February 15, 2026 (annual cycle) |
| Erasmus+ Mobility Grant | EUR 450 to EUR 650 per month (INR 48,271 to INR 69,725) | Selected for an exchange semester at an EU partner university | March 31, 2026 for autumn mobility |
| Early Application Rebate | Approximately EUR 500 (INR 53,635) | Complete application before the first deadline window; no separate essay required | April 15, 2026 for September intake |
The merit reduction is applied at the offer letter stage. Charpak is a separate application through the Embassy of France in India. Combining both, the effective UG outlay can drop below INR 4 Lakhs for year one. Erasmus mobility months add further support on top.
Explore More: IDRAC UG Programs | IDRAC Admissions Process
IDRAC Business School Scholarships for PG / Master’s Students
PG applicants have the widest scholarship window, with the Programme Grande Ecole and MBA International Business Management as the two most-funded tracks. Base PG tuition ranges from EUR 17,500 to EUR 21,457 per year (INR 18.77 to INR 23.02 Lakhs).
| Scholarship | Amount (Local + INR) | Eligibility | Deadline (Tentative) |
|---|---|---|---|
| IDRAC Excellence Grant (Internal) | EUR 2,000 to EUR 4,000 per year (INR 2.15 to INR 4.29 Lakhs) | Bachelor’s aggregate above 70%; interview panel score in top decile | Rolling until seats fill; June 15, 2026 for September intake |
| Eiffel Excellence Master’s | EUR 1,181 monthly + return flight + health cover; total value approximately EUR 14,000 (INR 15.02 Lakhs) | Under 25 at application; non-French nationality; nominated by IDRAC through Campus France | January 10, 2026 (institution submits nomination) |
| Charpak Master’s Scholarship | EUR 700 monthly for 10 months + tuition support up to EUR 5,000 + visa waiver; total approximately EUR 12,000 (INR 12.87 Lakhs) | Indian passport; final-year UG or graduate; below 30 years | February 15, 2026 (annual cycle) |
| Regional Council Scholarship (Auvergne-Rhone-Alpes, Lyon campus) | EUR 1,000 to EUR 3,000 one-time (INR 1.07 to INR 3.22 Lakhs) | Enrolled in a Lyon-based programme; non-EU country of origin | Rolling; tentative October 31, 2026 |
| Referral and Alumni Legacy Rebate | Up to EUR 1,500 (INR 1.61 Lakhs) | Referred by an IDRAC alumnus or currently enrolled student; documented on application form | Rolling with application submission |
Reddit Insight: Indian PG applicants on r/StudyInFrance report that Charpak panels prioritise those with a confirmed admission to a Grade de Master programme. IDRAC’s Programme Grande Ecole qualifies. Applying to both Charpak and Eiffel in the same cycle is common because Campus France coordinates each nomination separately.
Explore More: IDRAC PG Fee Breakdown
India-Specific Scholarships at IDRAC Business School
Three funding pathways are reserved or heavily weighted for Indian nationals. All three run through the Embassy of France in India or the Indian side of Erasmus+ partnerships.
| Scholarship | Amount (Local + INR) | Eligibility (India-Specific) | Deadline (Tentative) |
|---|---|---|---|
| Charpak Master’s (Embassy of France) | EUR 12,000 total value (INR 12.87 Lakhs) | Indian passport; Master’s admit; below 30 years at application | February 15, 2026 |
| Charpak Research Internship | EUR 700 monthly for 2 to 6 months (INR 75,089 per month) | Enrolled Indian student in engineering, business or sciences; internship offer at a French institution | March 31, 2026 for summer placements |
| Charpak Excellence (Doctoral Short-Stay) | Round-trip flight + EUR 1,700 monthly stipend (INR 1.82 Lakhs per month) | Indian PhD scholar visiting a French research lab for up to 3 months | Rolling; typically closes March 15 and September 15 |
The Charpak Master’s route is the highest-value option for Indians targeting IDRAC. It combines a monthly stipend with tuition support, and holders receive expedited student visa processing. IDRAC has hosted Charpak scholars primarily on its Programme Grande Ecole track, since that programme carries Grade de Master certification.
Reddit Insight: Prior Charpak recipients recommend applying by early January rather than the February deadline. Panels review files in the order received, and popular business schools fill nomination slots before the closing date.
Explore More: IDRAC Overview for Indian Students
IDRAC Business School PhD Scholarships
IDRAC Business School does not directly award a PhD. Its research track is delivered through the Programme Grande Ecole with dissertation and partner university doctoral consortia. Indians pursuing doctoral-adjacent funding at IDRAC route through three channels.
| Scholarship | Amount (Local + INR) | Eligibility | Deadline (Tentative) |
|---|---|---|---|
| Charpak Excellence Doctoral Short-Stay | EUR 1,700 monthly for up to 3 months (INR 1.82 Lakhs per month) | Indian PhD student invited by an IDRAC faculty supervisor | March 15 and September 15, 2026 |
| French Government BGF Doctoral | EUR 1,700 monthly + tuition waiver (INR 1.82 Lakhs per month) | Consortium PhD linked with a partner French research university | Rolling; consult Campus France India |
| Erasmus Mundus Joint Doctorate (where partnered) | Approximately EUR 2,800 monthly (INR 3 Lakhs per month) | Selected for a multi-country doctoral programme with an IDRAC partner | Tentative December 15, 2026 for 2027 intake |
Doctoral-track applicants should first secure a research supervisor within IDRAC’s faculty. Only then apply to these external routes.
External Government Scholarships
Four external funding routes accept Indian nationals for IDRAC Business School programmes. All operate outside IDRAC’s internal application process.
| Scholarship | Provider | Amount (Local + INR) | Deadline (Tentative) |
|---|---|---|---|
| Eiffel Excellence Master’s | French Ministry for Europe and Foreign Affairs | EUR 14,000 total (INR 15.02 Lakhs) | January 10, 2026 (nominated by IDRAC) |
| Charpak Programme (Master’s, Internship, Doctoral) | Embassy of France in India | EUR 700 to EUR 1,700 monthly depending on track (INR 75,089 to INR 1.82 Lakhs per month) | February 15 and March 31, 2026 |
| Erasmus+ Mobility Grants | European Commission | EUR 450 to EUR 650 per month (INR 48,271 to INR 69,725) | March 31, 2026 for autumn mobility |
| Region Auvergne-Rhone-Alpes International Scholarship | Regional government (Lyon-hosted students) | Up to EUR 3,000 (INR 3.22 Lakhs) | October 31, 2026 |
Eiffel Excellence carries the highest prestige and requires the school to submit a nomination. Indian applicants must ask IDRAC’s international office to submit their file by the January window. Applications sent directly to the French government are automatically rejected.
Key nomination requirements for Eiffel Excellence:
- Bachelor’s aggregate above 80%
- Age below 25 at application
- Non-French passport
- Full IDRAC admission letter before December 15, 2025
The Region Auvergne-Rhone-Alpes grant applies only to students enrolled at the Lyon HQ campus, not Paris, Bordeaux or the other seven locations.
IDRAC Business School Scholarships: Frequently Asked Questions
Ques. What is the maximum scholarship stack an Indian student can secure at IDRAC Business School?
Ans. The highest possible stack for an Indian PG applicant combines three awards. Charpak Master’s (approximately EUR 12,000), IDRAC Excellence Grant (up to EUR 4,000) and a regional scholarship where applicable. Total funding can reach around EUR 18,000 (INR 19.31 Lakhs), which covers about 85% of MBA International Business Management annual tuition.
Ques. When should Indian applicants apply for IDRAC scholarships?
Ans. Apply to IDRAC by the December window if you also plan to target Charpak or Eiffel. Charpak closes tentative February 15, 2026 and requires an active admission. Eiffel nomination by IDRAC closes tentative January 10, 2026, so your IDRAC file must be reviewed before mid-December 2025.
Ques. How do I apply for the IDRAC merit scholarship?
Ans. The internal merit reduction is applied automatically at the offer letter stage. Applicants are ranked by 12th or Bachelor’s aggregate, entrance test score and interview panel evaluation. No separate scholarship form is required. Charpak and Eiffel require separate applications through Campus France India.
Ques. What is the minimum GPA needed for a scholarship at IDRAC Business School?
Ans. Internal merit reductions require a 12th aggregate above 85% for UG or a Bachelor’s aggregate above 70% for PG. Charpak Master’s applicants typically hold a Bachelor’s CGPA of 7.5 out of 10 or higher. Eiffel Excellence panels prefer aggregates above 80% and select roughly 400 laureates globally each cycle.
Ques. Does the Charpak Master’s scholarship cover living costs in Paris or Lyon?
Ans. Partially. The EUR 700 monthly stipend covers approximately 60% of average shared-apartment rent in Lyon (EUR 500 to EUR 700). Central Paris rent (EUR 900 to EUR 1,200) is covered only about 40%. Recipients typically choose Lyon-based programmes or shared housing in Paris suburbs to close the gap.
Ques. Can an Indian student apply to Charpak and Eiffel in the same year?
Ans. Yes. Charpak and Eiffel are administered by different French bodies (Embassy of France in India versus the French Ministry for Europe and Foreign Affairs). You can be shortlisted for both, but only one final award may be accepted. Applying to both raises your funded odds because selection panels operate independently.
Ques. Are there scholarships for the MBA Wine Industry Management or MBA Digital Marketing at IDRAC?
Ans. Yes. All IDRAC MBA specialisations are eligible for the internal Excellence Grant and the Charpak Master’s award. Sector-specific MBAs like Wine Industry Management occasionally receive additional partner-funded grants from industry sponsors. These rotate year to year and are not guaranteed.
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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