How to Get Scholarships for MBA/PGDM in 2025

Looking for MBA/PGDM scholarships in 2025? Discover top scholarships, eligibility, deadlines, and expert tips to fund your MBA without student loan stress

Are MBA or PGDM fees stopping you from chasing your dreams? You're not alone. 💸

With B-school fees often running into lakhs, scholarships can be the game-changer you need. The good news? There are plenty of scholarship opportunities available in 2025 – both need-based and merit-based – that can ease your financial stress and help you focus on what really matters: your education and career growth. 🚀

Let’s break down exactly how you can find and apply for scholarships for your MBA/PGDM this year – with updated information, real names, and application tips that work.

💰 Why Scholarships Matter More Than Ever in 2025

·         Save Big: A scholarship can slash your tuition fees significantly – some even cover the full cost.

·         Less Loan Burden: Say goodbye to long EMIs and student loan stress.

·         Recognition & Prestige: Getting selected for a reputed scholarship boosts your resume and builds credibility.

·         Access to Opportunities: Many scholarships come with added perks like mentorship, networking events, or even job offers.

🏆 Top MBA/PGDM Scholarships You Can Apply For in 2025

Here's a list of scholarships that are currently active or expected to open this year, along with eligibility and key details:

1. Aditya Birla Group Scholarship

💡 For: Top 20 students from institutes like IIMs, XLRI, and others.

💵 Amount: ₹1.75 lakh per year

📝 How to Apply: You’ll be shortlisted by your college based on performance and then invited to apply.

2. IDFC FIRST Bank MBA Scholarship

💡 For: First-year MBA students with family income below ₹6 lakh.

💵 Amount: ₹1 lakh per year for two years.

📅 Deadline: Usually opens by June.

🔗 Apply here

3. ONGC Scholarship for General Category

💡 For: Students with annual family income under ₹2 lakh, age below 30, and minimum 60% marks.

💵 Amount: ₹48,000 per year

📅 Deadline: Usually in July

4. OP Jindal Engineering & Management Scholarships (OPJEMS)

💡 For: Students from select B-schools nominated by their institutions.

💵 Amount: ₹1.5 lakh

📌 Process: Includes an online aptitude test and interview.

5. T. Thomas Scholarship (by HUL)

💡 For: Second-year MBA students at IIM Ahmedabad, based on both merit and financial need.

💵 Amount: ₹1 lakh

🔗 Info available on your institute’s portal or career cell.

🏫 Scholarships Offered by Top B-Schools in India

Here’s how some of India’s top MBA colleges support their students financially:

IIM Ahmedabad

·         Need-Based Scholarships: For students with family income below ₹15 lakh.

·         SC/ST Scholarships: ₹150/month for 10 months.

·         Entrepreneurship Support: ₹2 lakh to those skipping placements to start a venture.

IIM Bangalore

·         Financial Aid Scheme: For families earning below ₹8 lakh/year.

·         Citi Women’s Leader Award: For top-performing female students.

IIM Lucknow

·         Need-Based Aid: For students from lower-income households.

·         Corporate-Funded Scholarships: Offered by companies like Aditya Birla, OP Jindal, and others.

📋 Documents You’ll Usually Need

Here’s a heads-up on what most scholarship applications ask for:

·         10th, 12th, and graduation mark sheets

·         Admission offer letter

·         Income certificate / salary slips of parents

·         Caste certificate (if applicable)

·         Resume & Statement of Purpose (SOP)

·         Bank account details

·         Recent passport-size photographs

Tip: Keep digital copies of everything neatly organized in folders by category.

📝 How to Strengthen Your Scholarship Application

✅   Focus on academics – Many scholarships are merit-based, so your marks matter.

✅   Show leadership – Highlight your roles in clubs, fests, or volunteer work.

✅   Tell your story – Use your SOP to explain why you need the scholarship and what you plan to do with your MBA.

✅   Get great references – Professors or mentors who know you well can write glowing recommendation letters.

📅 Scholarship Deadlines You Should Watch For

🎯 Pro Tip: Set calendar reminders and don’t wait till the last minute to apply.

🔎 Bonus Tip: Where Else to Look for Scholarships?

College Websites: Almost every B-school has its own list of scholarships. Check the ‘Financial Aid’ section.

National Scholarship Portal (NSP): Great for central & state government scholarships – scholarships.gov.in

✅   Summary

An MBA/PGDM can open big doors for your future – don’t let the cost close them. With the right planning and smart application strategy, you can absolutely land a scholarship and focus on building your career without being weighed down by debt.

And if you ever feel stuck or need help finding the right scholarships, Edumyra is here to guide you through every step. From shortlisting options to helping you prepare your SOP, we’ve got your back. 💪

Got questions? Want to talk to an MBA counselor?
👉 Reach out to us at www.edumyra.com or drop us a DM on Instagram @edumyraofficial.

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Note:-All information on this website is subjected to updates. We do not guarantee the accuracy or completeness of the information provided.