Best Scholarships for MBA Students in India 2024

Discover the top scholarships for MBA students in India for 2024. Learn about eligibility criteria, benefits, and application deadlines to help MBA students in India 2024 fund their MBA journey.

Discover the top scholarships for MBA students in India for 2024. Learn about eligibility criteria, benefits, and application deadlines to help MBA students in India 2024 fund their MBA journey.

An MBA in India can need a large financial commitment. Fortunately, various scholarships are available to help deserving students with their financial burdens. Here’s an overview of some of the greatest scholarships for MBA students in India in 2024, complete with eligibility, advantages, and application dates.

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1. Aditya Birla Group Scholarship – Eligibility: Top 20 students from chosen business institutions (IIMs, XLRI, etc.).

  • Benefits: Covers a significant portion of tuition prices.
  • Application Deadline: Typically, within the first several months of the academic year.

2. J.N. Tata Endowment for Higher EducationEligibility: Indian nationals who have finished their graduation and wish to pursue a postgraduate degree.

  • Benefits: Loan scholarship up to INR 10 lakhs, plus a trip grant and gift prize.
  • Application Deadline: March–April 2024.

3. OP Jindal Engineering and Management Scholarships (OPJEMS)Eligibility: Merit-based, open to students from certain universities (IIMs, XLRI, etc.).

  • Benefits: INR 1.5 lakh per student.
  • The application deadline is August 2024.

4. INSPIRE ScholarshipEligibility: Top 1% of 12th board exam or JEE/AIPMT rank holders.

  • Benefits: INR 80,000 yearly.
  • Application Deadline: September–October 2024.

5. IDFC FIRST Bank MBA ScholarshipEligibility: Indian students enrolled in their first year of an MBA program with a household income of less than INR 6 lakhs per year.

  • Benefits: INR 2 lakhs annually.
  • Application Deadline: June–July 2024.

6. IIM ScholarshipsEligibility: Based on financial need, academic merit, and other requirements defined by each IIM.

  • Benefits: Vary; may cover partial or full tuition fees.
  • Application Deadline varies per institution.

7. Narotam Sekhsaria Foundation ScholarshipEligibility: Graduates with a strong academic record seeking admission to a postgraduate program.

  • Benefits: Interest-free loan scholarship of up to INR 20 lakhs.
  • The application deadline is March 2024.

8 IWC ScholarshipEligibility: Indian women with good academic records and leadership characteristics who are enrolled or applying for an MBA program.

  • Benefits: Varies; usually covers tuition and housing expenses.
  • Application Deadline: April–May 2024.

9. T. Thomas ScholarshipEligibility: Students from India’s top business institutions.

  • Benefits: Includes full tuition.
  • Application Deadline: Typically, within the first several months of the academic year.

10. K.C. Mahindra Scholarship for Postgraduate Studies AbroadEligibility: Indian students with a strong academic record admission to a foreign university for postgraduate studies.

  • Benefits: Loan scholarship of up to INR 8 lakh.
  • The application deadline is March 2024.

Conclusion: – Top scholarships for MBA

Securing a scholarship can drastically reduce the cost of an MBA school. Interested candidates should thoroughly consider each scholarship’s qualifying requirements, benefits, and deadlines before submitting their applications. For more information and updates, students should visit the individual scholarship websites on a regular basis and contact their institution’s financial assistance office.

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