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MBA education is getting more and more expensive. MBA scholarships, offered by the MBA colleges in India not only reduce the burden of MBA Fee which runs very high, it turns out to be good support during your MBA course. Since your dream of doing MBA from one of the top MBA colleges requires lot of money during the course of study, the MBA scholarship offers fee waiver depending upon your performance in entrance exam, academics, category and skill set. To reduce the financial burden on Meritorious students, Good MBA colleges offer number of MBA scholarships to its students in first and second year of MBA course. Schemes of special scholarship for Indian girls and women are also offered to improve gender diversity in the management institute.
IFMR GSB at KREA University offers many Institute based and Corporate Sponsored scholarships to students in 1st and 2nd year of the course to support its students to pursue the management program with reduced financial burden as given below
Scholarship Name |
Eligibility/Award Criteria |
Amount of Scholarship |
Brief description and other details |
Full tuition fee waiver scholarship |
No separate application is required. The Scholarship Committee automatically considers all qualified applicants.
The tuition fee waiver scholarships are awarded based on the overall evaluation of candidates. Evaluation criteria include academic record, scores on competitive exams, extra-curricular achievements and performance in written test and interview.
|
Full tuition fee |
To help outstanding students overcome financial obstacles in their pursuit of a quality education, IFMR GSB will offer full tuition fee waiver scholarships upto three meritorious students during the admissions process. However, the student will need to pay the caution deposit, living fee and any other expenses incurred during the programme.
Candidates selected for such scholarships receive the scholarship offer letter before the last date for paying the first instalment fee. The candidate will be required to pay the first instalment of the tuition fee by the deadline. Once the student enrolls in the programme and classes begin, the entire amount paid by the student towards the first instalment fee will be refunded by the middle of Term – 1. The student will not be required to pay subsequent instalments of the tuition fee. |
CFA-IFMR GSB University Affiliation Program Partnership |
IFMR GSB is eligible to award scholarships to a set number of students pursuing their MBA at IFMR GSB to take the coveted CFA program. |
CFA exam fee |
In November 2019, CFA Institute approved the Master of Business Administration (MBA) program of IFMR GSB, Krea University, under the CFA University Affiliation Program (UAP). This affiliation signals potential students, employees and all stakeholders that the curriculum of the MBA program of IFMR GSB, Krea University covers a significant portion of the CFA Program Candidate Body of Knowledge as well as places emphasis on the ethics aspects covered under the CFA institute Code of Ethics and Standards of Professional Conduct. This thereby showcases that the MBA program offered is in close synergy with the global professional practices. Under the CFA UAP program, in each fiscal year. |
Merit-Cum-Means Scholarship
|
Eligibility:
a) Minimum CGPA of 3.33 (equivalent to a ‘B+’ grade average) at the end of Term-3
b) Family annual combined income for the Financial Year : Less than INR 10 Lakhs
Based on CGPA at the end of Term-3, the Office of Academic Administration sends a notification to eligible students to apply for Merit-cum-Means scholarship. |
2 Lakh per student |
The School extends scholarships to students in need of financial assistance. The objective of the scholarship policy is to ensure that a meritorious student is not deprived of education for financial reasons. This process is intended for those students who have a pressing need for financial assistance.
Scholarship is given only to those students who are assessed to have the need for it. The Committee makes this decision based on the information provided by the student and a personal interview with him/her, if required. Based on the recommendations of the Scholarship Committee, the top 10 students who meet the above eligibility criteria will be considered for the award of scholarship. |
T. Thomas Scholarship For Business Leaders
|
Offered to the second-year MBA student based on the academic performance at the end of Term-3. to the second-year MBA student based on the academic performance at the end of Term-3. |
INR 1 Lakh |
IFMR GSB has been selected by Hindustan Unilever Limited (HUL) for the award of T. Thomas Scholarship for Business Leaders to the second-year MBA student based on the academic performance at the end of Term-3.
As per the criteria mentioned, the Registrar’s Office shares the list of toppers with HUL for deciding the winner. |
Merit Scholarships |
Based on the CGPA at the end of the second year, following merit scholarships are awarded |
First Rank: INR Two Lakhs
Next three ranks INR One Lakh each to three students |
|
CFA-IFMR GSB University Affiliation Program Partnership |
IFMR GSB is eligible to award scholarships to a set number of students pursuing their MBA at IFMR GSB to take the coveted CFA program. |
CFA exam fee |
In November 2019, CFA Institute approved the Master of Business Administration (MBA) program of IFMR GSB, Krea University, under the CFA University Affiliation Program (UAP). This affiliation signals potential students, employees and all stakeholders that the curriculum of the MBA program of IFMR GSB, Krea University covers a significant portion of the CFA Program Candidate Body of Knowledge as well as places emphasis on the ethics aspects covered under the CFA institute Code of Ethics and Standards of Professional Conduct. This thereby showcases that the MBA program offered is in close synergy with the global professional practices. Under the CFA UAP program, in each fiscal year. |
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