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MBA Scholarships in India 2026–27: IIMs, XLRI, MDI and Other Top B-Schools
#MBA
MBA scholarships in India can help students reduce the cost of management education through need-based financial assistance, merit scholarships, government schemes, corporate awards and alumni-funded support. Several leading institutions, including IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Lucknow, XLRI Jamshedpur and MDI Gurgaon, offer financial assistance subject to programme-specific eligibility criteria.
This Story also Contains
- Scholarships at Top 100 B-Schools: IIM Ahmedabad, MDI Gurgaon and More
- IIM Ahmedabad Scholarships 2027
- MBA Scholarships at IIM Bangalore
- IIM Kozhikode MBA Scholarships 2027
- IIT Delhi (DMS) MBA Scholarships 2027
- IIM Lucknow Scholarships 2027
- MBA Scholarships at IIM Mumbai 2027
- IIM Calcutta Scholarships 2027
- IIM Indore Scholarships 2027
- MBA Scholarships at MDI Gurgaon 2027
- XLRI Jamshedpur Scholarships 2027
Students planning MBA admission in 2027 should compare the scholarship amount, family-income requirements, academic conditions, application process and expenses covered. This guide summarises selected scholarships at leading Indian B-schools and explains where candidates can check the latest eligibility requirements and benefits.
Scholarships at Top 100 B-Schools: IIM Ahmedabad, MDI Gurgaon and More
Leading IIMs and top B-Schools offer various scholarships, from merit-based scholarships to need-based scholarships, targeted scholarships for SC/ST, gender-specific scholarships, etc and corporate and alumni scholarships like Corporate & Industry Scholarships, Exit & Special-Purpose Scholarships, and more. Candidates who are interested in MBA admission 2027 are advised to check the table highlighting MBA scholarships for reference.
Free MBA Top 100 B-Schools Scholarships in India 2026 | MBA Scholarships | MBA360
Top 100 B-Schools | Scholarships Offered at Top 100 B-Schools |
IIMA Special Need-Based Scholarship (SNBS), SC/ST Scholarship, Exit Scholarship - Entrepreneurship, Exit Scholarship - Not-for-Profit Careers, Exit Scholarship - Doctoral Studies, SC/ST Central Sector Scheme (Top Class Education), Minority Welfare Scholarship (Merit-cum-Means), Scholarship for Students with Disabilities (Top Class Education), PGP Alumni Endowment Funds, Class of PGP 2001–Dori Venkat Scholarship, Shri C.G. Mital Entrepreneurship Aid, Smt. J. Nagamma Memorial Award, Aditya Birla Group Scholarship, Diana Dubash Scholarships for Scholastic Excellence, OP Jindal Engineering & Management Scholarship (OPJEMS), T. Thomas Scholarship (HUL) | |
Need-based Financial Aid, Aditya Birla Scholarship, OPJEMS Scholarship, NTPC Scholarship Scheme, Employment in Social Sector Scholarship, Ministry of Tribal Affairs Scholarship (ST), Ministry of Social Justice & Empowerment Scholarship (SC), Department of PwD Scholarship (Ministry of Social Justice), Alumni Scholarships (11 named awards) | |
Indian Institute of Management Kozhikode | IIMK Merit Scholarship, IIMK Need-Based Financial Assistance (NBFA), Top Class Education Scheme for SC Students, National Fellowship & Scholarship for ST Students, Merit-cum-Means Scholarship (Minority Communities), Top Class Education Scheme for Students with Disabilities, PM Scholarship Scheme (CAPF/Assam Rifles/State Police Personnel Wards), Rajarshree Shahu Maharaj Merit Scholarship, Tamil Nadu Government Scholarship, IDFC FIRST Bank MBA Scholarship, Mirae Asset Foundation (MAF) Scholarship, Aditya Birla Group Scholarship, OP Jindal Engineering & Management Scholarship (OPJEMS) |
Indian Institute of Technology Delhi | Tuition Fee Exemption for SC/ST/PwD Students, Free Messing and Pocket Allowance, Executive MBA Merit Scholarship, National Scholarship Portal (NSP) / State Government Scholarships |
Indian Institute of Management Lucknow | Need-Based IIML Scholarship (Financial Assistance Scheme, est. 1993–94), IDFC FIRST Bank MBA Scholarship, Aditya Birla Scholarship, Central Bank of India Scholarship, Apeejay Scholarship, Amrit Kala Dayal Scholarship for Girl Students, OPJEMS Scholarship, Class of 1993 Scholarship, Central / State Government Scholarships (SC/ST/OBC/PwD) |
Indian Institute of Management Mumbai | Need-Based Tuition Waiver - Tier 1, Need-Based Tuition Waiver - Tier 2, GATE Teaching Assistantship, Ph.D. Fellowship - JRF, Ph.D. Fellowship - SRF, Central Sector Scholarship (Top Class Education), The Rangan Scholarship, The Madala Scholarship, The Singhal Scholarship, Financial Assistance Scholarship, P&G Shiksha “Betiyan” Scholarship |
Need-Based Financial Assistance (NBFA), First-Year Merit Prizes (Prize Distribution Day), Second-Year Convocation Medals & Prizes, Aditya Birla Scholarship, IDFC FIRST Bank MBA Scholarship, HUL T. Thomas Scholarship, HUL P.N. Sinha Scholarship, OP Jindal Engineering & Management Scholarship, Rajarshi Shahu Maharaj Merit Scholarship, Central Sector Scholarship for Top Class Education (SC), National Fellowship & Scholarship for Higher Education of ST Students, Scholarship for Top Class Education for Students with Disabilities, PM YASASVI Central Sector Scheme (OBC/EBC/DNT), Students Scholarship at IIM Calcutta | |
Indian Institute of Management Indore | Need-Based Financial Assistance (NBFA), EWS / SC / ST / PwD-quota admits, Awards, Scholarships & Achievements (Institute-listed) |
AICTE Tuition Fee Waiver (TFW) Scheme (Scheme-I), Merit-cum-Means Scholarship (Scheme-II), O.P. Jindal Scholarship, Top-5 Merit Scholarships, International Exchange Scholarships | |
Fellow Programme in Management (FPM) funding, Alumni Scholarship [General], Alumni Scholarship [ST/SC/Economically Backward] | |
Please refer to the PDF for the full list of Scholarships at the Top 100 B-Schools | |
IIM Ahmedabad Scholarships 2027
MBA aspirants eyeing IIM Ahmedabad MBA admission 2027 must check the scholarship route given the IIM Ahmedabad MBA fees of around Rs. 27.50 lakh for the academic year 2027-29. Candidates belonging to diverse categories can check the IIM Ahmedabad scholarships in the table below for reference.
Scholarship / Scheme | Category | Eligibility (Key Criteria) | Amount / Benefit |
IIMA Special Need-Based Scholarship (SNBS) | Institute - need-based | Gross annual family income below ₹15,00,000; open to PGP and PGP-FABM students | Assessed case-by-case based on family assets, dependents, loans taken, etc. |
SC/ST Scholarship | Institute - category-based | All SC/ST postgraduate students | ₹150/month for 10 months |
Exit Scholarship - Entrepreneurship | Institute - exit scheme | 2 students/batch opting out of placements with a business plan; up to 3 consecutive years | ₹30,000/month stipend |
Exit Scholarship - Not-for-Profit Careers | Institute - exit scheme | 2 students/batch joining NGOs; up to 3 consecutive years | ₹3–4 lakh/year/student |
Exit Scholarship - Doctoral Studies | Institute - exit scheme | 2 students/batch pursuing a PhD in India; up to 3 consecutive years | ₹3–4 lakh/year/student |
SC/ST Central Sector Scheme (Top Class Education) | Government of India | Meritorious SC/ST students; family income up to ₹4,50,000 | Not specified in the image |
Minority Welfare Scholarship (Merit-cum-Means) | Government of India | Minority-community students; family income up to ₹2,50,000 | Not specified in the image |
Scholarship for Students with Disabilities (Top Class Education) | Government of India | DA/PwD students; family income below ₹6,00,000 | Not specified in the image |
PGP Alumni Endowment Funds | Alumni | 9 PGP-1 and PGP-FABM-II students/year from economically challenged backgrounds; screened via SNBS | ₹2–3 lakh/student |
Class of PGP 2001–Dori Venkat Scholarship | Alumni | 1 student; merit-cum-means; first-year performance and family income up to ₹15,00,000 | ₹2 lakh/year (₹4 lakh over 2 years) |
Shri C.G. Mital Entrepreneurship Aid | Alumni | 1 graduating student starting their own venture; education loan of at least ₹1,00,000; family income up to ₹8,00,000 | ₹2 lakh (one-time, at convocation) |
Smt. J. Nagamma Memorial Award | Alumni - merit | PGP-1 student with academic merit | ₹15,000 |
Aditya Birla Group Scholarship | Industry / Corporate | 3 PGP students; selection by Aditya Birla Group | ₹1,75,000/student/year |
Diana Dubash Scholarships for Scholastic Excellence | Industry / Corporate | 2 scholarships each for PGP-1 and PGP-2; merit-based | ₹1,00,000/scholarship |
OP Jindal Engineering & Management Scholarship (OPJEMS) | Industry / Corporate | 1–2 PGP-1 students; academic performance, online test and interview | ₹1,50,000/student/year |
T. Thomas Scholarship (HUL) | Industry / Corporate | 1 PGP-II student; merit-cum-means | ₹1,00,000/year |
MBA Scholarships at IIM Bangalore
Here are the MBA scholarships for IIM Bangalore MBA admission 2027, helping candidates finance their MBA degree through various means. According to the NIRF report, around 88 students received full tuition fee waivers from central and state government scholarships in 2024-25. Check the scholarships in the table below.
Scholarship / Scheme | Category | Eligibility (Key Criteria) | Amount / Benefit |
Need-based Financial Aid | Institute - need-based | Annual household income below ₹78,00,000 (or sudden financial hardship); two-stage income score + interview assessment | 20% / 40% / 60% / 80% / 100% of tuition fee, tiered by need score |
Aditya Birla Scholarship | Merit | PGP-I and PGP-II; second-year renewal needs top-25% standing in Year 1 | ₹1,75,000/student |
OPJEMS Scholarship | Merit | PGP-II; top 10 based on Year-1 CGPA; online test by OP Jindal Group | ₹1,50,000 |
NTPC Scholarship Scheme | Merit-cum-category | SC/ST/PwD, PGP-II, cleared Year 1 in one attempt | ₹48,000/year |
Employment in Social Sector Scholarship | Exit scheme | Graduates joining the social sector; reimbursed yearly for the first 3 years | One-third of programme fee reimbursed per year of social-sector work |
Ministry of Tribal Affairs Scholarship (ST) | Government of India | ST students, PGP-I, means-tested | Full tuition-fee coverage |
Ministry of Social Justice & Empowerment Scholarship (SC) | Government of India | Meritorious SC students, PGP-I, means-tested | Full tuition-fee coverage |
Department of PwD Scholarship (Ministry of Social Justice) | Government of India | At least 40% disability with a valid certificate | ₹2,55,000/year |
Alumni Scholarships (11 named awards) | Alumni | Criteria vary: CGPA rank lists, DAP/diversity candidates, means-only, entrepreneurship coursework, etc. | Varies by award; awarded at PGP inauguration/orientation |
IIM Kozhikode MBA Scholarships 2027
The IIM Kozhikode MBA fees is around Rs. 23.50 lakh and can be financed through different scholarship schemes offered by central and state governments, private bodies, and institution funds. As per the NIRF report 2024-25, 120 out of 1191 students received full tuition fee waivers from central and state governments, followed by 73 students from institution funds.
Scholarship / Scheme | Category | Eligibility (Key Criteria) | Amount / Benefit |
IIMK Merit Scholarship | Institute - merit | PGP, PGP-LSM and PGP-FIN, Years 1 and 2; ranked by CGPA | 1 scholarship for every 20 students, per year |
IIMK Need-Based Financial Assistance (NBFA) | Institute - need-based | Gross annual family income ≤ ₹8,00,000; must hold an education loan from a scheduled commercial bank; no other scholarship being availed | Amount set by Financial Aid Committee (FAC) rank list, within annual NBFA budget |
Top Class Education Scheme for SC Students | Government of India | SC category; family income ≤ ₹8,00,000; maximum 10 slots allotted to IIMK | As per Ministry of Social Justice & Empowerment norms |
National Fellowship & Scholarship for ST Students | Government of India | ST category; family income ≤ ₹6,00,000; no institute/district ceiling | As per Ministry of Tribal Affairs norms |
Merit-cum-Means Scholarship (Minority Communities) | Government of India | Muslim, Sikh, Christian, Buddhist, Jain and Parsi students; 50% marks; family income ≤ ₹2,50,000 | As per Ministry of Minority Affairs norms |
Top Class Education Scheme for Students with Disabilities | Government of India | At least 40% disability with valid certificate; parent/guardian income ≤ ₹8,00,000 | As per Department of Empowerment of Persons with Disabilities norms |
PM Scholarship Scheme (CAPF/Assam Rifles/State Police Personnel Wards) | Government of India | Wards/widows of CAPF, Assam Rifles or state police personnel; 60% marks at qualifying level | As per Ministry of Home Affairs norms |
Rajarshree Shahu Maharaj Merit Scholarship | State Government (Maharashtra) | State-specific eligibility | As per Government of Maharashtra norms |
Tamil Nadu Government Scholarship | State Government (Tamil Nadu) | State-specific eligibility | As per Government of Tamil Nadu norms |
IDFC FIRST Bank MBA Scholarship | Private / Corporate | As per sponsor criteria | Not specified in the image |
Mirae Asset Foundation (MAF) Scholarship | Private / Corporate | As per sponsor criteria | Not specified in the image |
Aditya Birla Group Scholarship | Private / Corporate | As per sponsor criteria | Not specified in the image |
OP Jindal Engineering & Management Scholarship (OPJEMS) | Private / Corporate | As per sponsor criteria | Not specified in the image |
IIT Delhi (DMS) MBA Scholarships 2027
IIT Delhi, Department of Management Studies, has various scholarships to finance the MBA degree for interested students. As per the NIRF report, 77 out of 297 students got scholarships from institution funds in 2024-25. There were no students who received scholarships from state and central government and private bodies.
Scholarship / Scheme | Category | Eligibility (Key Criteria) | Amount / Benefit |
Tuition Fee Exemption for SC/ST/PwD Students | Institute - category-based | All SC/ST/PwD students, irrespective of parental/guardian income; confirmed as directly applicable to MBA students via DMS's own fee table (SC/ST/PwD: ₹0 tuition, batch 2025–27) | 100% tuition fee exemption; other charges and Institute Residence Fee still payable |
Free Messing and Pocket Allowance | Institute - category + need | SC/ST students with parental/guardian income ≤ ₹8,00,000/year, for a fixed period depending on the programme | Free basic-menu mess + ₹1,000/month pocket allowance |
Executive MBA Merit Scholarship | Institute - merit | Executive MBA students only (top 3 ranks each semester); first-semester ranking by admission merit list, subsequent semesters by CGPA | 100% tuition fee waiver (rank 1); 50% (rank 2); 25% (rank 3) |
National Scholarship Portal (NSP) / State Government Scholarships | Government of India / State Government | MBA students in SC/ST/OBC or other eligible categories, per each scheme's own criteria; applications routed via scholarships.gov.in and verified by the institute and concerned ministry | As per scheme; amount set by the ministry/state, not by IIT Delhi |
IIM Lucknow Scholarships 2027
The IIM Lucknow MBA fees is around Rs. 20.50 lakh, and candidates who are interested in IIM Lucknow MBA admission 2027 may require financial assistance. Here are the MBA scholarships at IIM Lucknow, from need-based scholarships to central and state government scholarships, which were received by 101 students in 2024-25.
Scholarship / Scheme | Category | Eligibility (Key Criteria) | Amount / Benefit |
Need-Based IIML Scholarship (Financial Assistance Scheme, est. 1993–94) | Institute - need-based | Any student regardless of caste/gender/religion; family income slab announced post-admission; based on need and academic performance | 38 scholarships awarded to first-year students and 53 to second-year students in AY 2024–25 (91 total); term-wise disbursal, no automatic renewal, one scholarship per student |
IDFC FIRST Bank MBA Scholarship | Industry / Corporate | Merit-based; 5 students awarded in AY 2024–25 | As per sponsor terms |
Aditya Birla Scholarship | Industry / Corporate | Merit-based; 2 students awarded in AY 2024–25 | As per sponsor terms |
Central Bank of India Scholarship | Industry / Corporate (Bank) | 5 students awarded in AY 2024–25 | As per sponsor terms |
Apeejay Scholarship | Industry / Corporate | 2 students awarded in AY 2024–25 | As per sponsor terms |
Amrit Kala Dayal Scholarship for Girl Students | Institute / Donor - merit-cum-gender | 1 student awarded in AY 2024–25 | As per donor terms |
OPJEMS Scholarship | Industry / Corporate | 1 student awarded in AY 2024–25 | As per sponsor terms |
Class of 1993 Scholarship | Alumni | 1 student awarded in AY 2024–25 | As per alumni-fund terms |
Central / State Government Scholarships (SC/ST/OBC/PwD) | Government of India / State | SC/ST/OBC/PwD category students, per scheme-specific eligibility; the institute extends scholarships to these categories via the National Scholarship Portal | Routed via the National Scholarship Portal (scholarships.gov.in) and respective state portals |
MBA Scholarships at IIM Mumbai 2027
The MBA scholarships at IIM Mumbai ranged from need-based scholarships to central sector scholarships. Interested candidates can check scholarships offered at IIM Mumbai from the table mentioned below for reference.
Scholarship / Scheme | Category | Eligibility (Key Criteria) | Amount / Benefit |
Need-Based Tuition Waiver - Tier 1 | Institute - need-based | Family income below ₹2.5 lakh/year | 30% tuition fee waiver |
Need-Based Tuition Waiver - Tier 2 | Institute - need-based | Family income below ₹1 lakh/year | 50% tuition fee waiver |
GATE Teaching Assistantship | Institute (GoI norms) | GATE-qualified scholars | ₹12,400/month + contingency |
Ph.D. Fellowship - JRF | Institute (DST O.M. SP/9/Z-08/2018) | Ph.D. scholars with up to 2 years in research | ₹37,000/month |
Ph.D. Fellowship - SRF | Institute (DST O.M. SP/9/Z-08/2018) | Ph.D. scholars with more than 2 years in research | ₹42,000/month |
Central Sector Scholarship (Top Class Education) | Government of India | SC/ST students | Tuition + maintenance allowance |
The Rangan Scholarship | Alumnus (Mr. Ashwin Rangan) | First-year MBA/PGDM students | Named award; 2 recipients, November 2024 |
The Madala Scholarship | Alumnus (Mr. Srini Madala) | First-year MBA/PGDM students | Named award; 2 recipients, November 2024 |
The Singhal Scholarship | Alumnus (Mr. Diwakar Singhal) | First-year MBA/PGDM students | Named award; 1 recipient, November 2024 |
Financial Assistance Scholarship | Alumni (Mr. Pavan Sarda, Mr. Santosh Rupani + 2 anon. donors) | First-year MBA/PGDM students with financial need | Named awards |
P&G Shiksha “Betiyan” Scholarship | Industry/CSR (Procter & Gamble India) | Girl-child education support, linked to IIM-M Equality Summit | Third batch awarded, March 2025 (20-year P&G Shiksha CSR programme) |
IIM Calcutta Scholarships 2027
The IIM Calcutta MBA fees is around Rs. 27 lakh for the two-year MBA admission program. Candidates who are interested in MBA admission 2027 at IIM Calcutta are advised to check the available scholarships in the table below.
Scholarship / Scheme | Category | Eligibility (Key Criteria) | Amount / Benefit |
Need-Based Financial Assistance (NBFA) | Institute - need-based | Open to all students irrespective of caste and creed who meet eligibility criteria and apply through due process | ₹3.47 crore disbursed to deserving students in AY 2024–25, per the institute's Annual Report |
First-Year Merit Prizes (Prize Distribution Day) | Institute - merit | Top-ranked MBA 1st-year students; includes B.P. Poddar Merit Scholarship, BPL Prize, T.T. Krishnamachari Award, Institute's Prize, Damodar Valley Corporation Prize, P.P. Karthik Scholarship, Central Bank of India Prize, Aditya Kashyap Scholarship | Award-specific; funded from dedicated endowments (e.g., P.R. Karthik Scholarship fund closing balance ₹0.64 crore, FY 2024–25) |
Second-Year Convocation Medals & Prizes | Institute - merit | Top-ranked MBA 2nd-year students; includes Dr. B.C. Roy Memorial Gold & Silver Medals, Chairman's & John Wynne Prize, ABC India Ltd. Award, Balaram Luvia Award, B.S. Dua Memorial Prize, Calcutta Management Association Prize, and others | Award-specific |
Aditya Birla Scholarship | Industry / Corporate | Merit-based; 2 students (6th batch) awarded in AY 2024–25 | As per sponsor terms |
IDFC FIRST Bank MBA Scholarship | Industry / Corporate | Merit-based; 3 students awarded in AY 2024–25 (2 from 60th batch, 1 from 62nd batch) | As per sponsor terms |
HUL T. Thomas Scholarship | Industry / Corporate | Merit-cum-means; 1 student (6th batch) awarded in AY 2024–25 | As per sponsor terms |
HUL P.N. Sinha Scholarship | Industry / Corporate | Merit-based; 1 student (6th batch) awarded in AY 2024–25 | As per sponsor terms |
OP Jindal Engineering & Management Scholarship | Industry / Corporate | Merit-based; 1 student (6th batch) awarded in AY 2024–25 | As per sponsor terms |
Rajarshi Shahu Maharaj Merit Scholarship | State Government (Maharashtra) | Merit-based, per state scheme criteria | As per Government of Maharashtra norms |
Central Sector Scholarship for Top Class Education (SC) | Government of India | SC-category students, per Ministry of Social Justice & Empowerment norms | As per ministry norms |
National Fellowship & Scholarship for Higher Education of ST Students | Government of India | ST-category students, per Ministry of Tribal Affairs norms | As per ministry norms |
Scholarship for Top Class Education for Students with Disabilities | Government of India | Students with disabilities, per Department of Empowerment of Persons with Disabilities norms | As per scheme norms |
PM YASASVI Central Sector Scheme (OBC/EBC/DNT) | Government of India | OBC, EBC and De-notified Tribes (DNT) category students in top-class colleges | As per scheme norms |
Students Scholarship at IIM Calcutta | Institute CSR initiative | CSR initiative of IIM Calcutta Innovation Park | Dedicated fund; closing balance ₹0.13 crore, FY 2024–25 |
IIM Indore Scholarships 2027
As per the NIRF-reported scholarship and fee reimbursement coverage, 293 out of 1250 students secured scholarships from state and central government, followed by 46 students from institution funds, and 20 students from private bodies. Interested candidates are advised to check the IIM Indore scholarships in the table below.
Scholarship / Scheme | Category | Eligibility (key criteria) | Amount / Benefit |
Need-Based Financial Assistance (NBFA) | Institute - need-based | PGP, PGP-HRM (PGPH) & IPM participants; annual family income below ₹12,00,000; two-stage evaluation (application review + committee interview); disciplinary record considered | Percentage of the Institute's decided maximum aid, set annually by income/asset slab; NBFA Committee decision is final |
EWS / SC / ST / PwD-quota admits | Institute - eligibility clarification | Participants admitted via EWS, SC, ST or PwD quota who meet the NBFA income criterion may also apply | Same NBFA slab-based assistance as above |
Awards, Scholarships & Achievements (Institute-listed) | Institute - merit/other | Published separately by the Institute under its Awards page |
MBA Scholarships at MDI Gurgaon 2027
MBA aspirants interested in MDI Gurgaon are required to pay an MBA fees of around Rs. 28.86 lakh for a two-year MBA degree. Looking for scholarships for MDI Gurgaon MBA admission 2027 can help students relieve financial stress and pursue their MBA degree programmes more effectively. Candidates can check the MBA scholarships at MDI Gurgaon in the table below.
Scholarship / Scheme | Category | Eligibility (key criteria) | Amount / Benefit |
AICTE Tuition Fee Waiver (TFW) Scheme (Scheme-I) | Government (AICTE) - need & merit | Up to 15 students/year in PGDM and 6/year in PGDM-HRM (over and above approved intake); family income up to ₹8,00,000/year, verified by an income certificate, EWS certificate, or Non-Creamy-Layer certificate; selection is by admissions rank among eligible applicants, per MDI's own official scheme document | 100% tuition-fee waiver. For the 2022-24 cohort, MDI's own disclosure lists 14 named students receiving ₹17,60,000 each in PGDM (9 named) and PGDM-HRM (6 named, cumulatively ₹3,52,00,000 waived for the PGDM-HRM group alone) - 20 students in total across both programmes that year |
Merit-cum-Means Scholarship (Scheme-II) | Institute - need & merit | Parental annual income not exceeding ₹8.0 lakh (linked to the Government's EWS income ceiling); open to PGDM/PGDM-HRM/PGDM-IB/PGDM-Business Analytics students; renewal tied to term-wise academic performance up to Term II and thereafter | 50% of the two-year tuition fee, per MDI's official Programmes page this is now envisaged as 12 scholarships/year (starting AY 2021-22); the uploaded scheme document's 2021-23 cohort data shows 10 scholarships that year (4 PGDM, 2 PGDM-HRM, 2 PGDM-IB, 2 reserved for female candidates), with per-student amounts of ₹8 lakh (PGDM/PGDM-HRM) or ₹8-11 lakh (PGDM-IB), totalling approx. ₹86-90 lakh for that cohort |
O.P. Jindal Scholarship | Corporate (O.P. Jindal Group) | Second-year students, per MDI's official Programmes page | ₹1,50,000 |
Top-5 Merit Scholarships | Institute - merit | Top 5 students at the end of the second year, per MDI's official Programmes page | ₹10,000 each |
International Exchange Scholarships | Institute/Partner-funded | Students on the Student Exchange Programme to select partner institutions (e.g. Sciences Po Lille, University of Maribor, NUCB Business School Japan), per MDI's official Programmes page | Several scholarships available; amount and selection process communicated after joining MDI |
XLRI Jamshedpur Scholarships 2027
The XLRI Jamshedpur MBA fees is around Rs. 30.60 lakh for two-year MBA programmes, which can alternatively be financed through scholarships offered for XLRI Jamshedpur MBA admission 2027. Interested candidates can check the MBA scholarships offered at XLRI Jamshedpur in the table below for more details.
Scholarship / Scheme | Category | Eligibility (key criteria) | Amount / Benefit |
Fellow Programme in Management (FPM) funding | Institute - doctoral fellowship | Full-time residential FPM scholars | No fees charged (admission/tuition/course material/computer/library); fellowship ₹45,000/month (Yrs 1-2), ₹50,000/month (Yrs 3-4); contingency grant ₹30,000/year; ₹50,000 data-collection grant (Yr 3); conference travel reimbursed up to ₹2,50,000 |
Alumni Scholarship [General] | Institute - merit-cum-need | PGDM (General Management) students | 3 awards × ₹2,00,000 each |
Alumni Scholarship [ST/SC/Economically Backward] | Institute - merit-cum-need | PGDM (General Management) students, ST/SC/Economically Backward category | 1 award |
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