The Graduate School of Business in Indore, Madhya Pradesh, offers a range of scholarships designed to promote academic excellence, support financially deserving students, and encourage achievements in sports and other categories. The scholarships reflect the institute’s commitment to fostering talent through merit, need, and various fee waivers tailored to specific groups. These financial aids aim to make quality business education more accessible for deserving candidates across diverse backgrounds.
Graduate School of Business Scholarships Overview
The scholarships at Graduate School of Business are structured to reduce tuition and promote inclusivity for high-performing and deserving students. Awards typically range from partial to substantial waivers on tuition fees and may be extended based on continued performance and category. The scholarship offerings usually include:
Merit-based waivers for students scoring above prescribed thresholds in board exams, CUET, or institute entrance tests
Need and EWS-based support tied to annual family income limits and documentation
Category-based awards for domicile status, single girl child, sports achievements, children of defense/paramilitary, and alumni
Graduate School of Business Eligibility
Eligibility for scholarships at Graduate School of Business is founded on transparent criteria and aims to recognize both academic talent and personal circumstances. Common requirements include minimum qualifying marks (such as 75–90% in 10+2 exams for undergraduate scholarships), entrance test scores, and annual family income not exceeding INR 3–5 lakh for need-based awards. Sports scholarships typically require participation at the state or national level, while category-based awards specify documentation proving status (such as domicile certificate or defense service proof).
Graduate School of Business Required Documents
Applicants must provide verified documents to support their scholarship claims. The institute checks each submission for authenticity and completeness before awarding financial support. Typically, the following documents are required:
Last qualifying examination mark sheet
Income certificate issued by a competent authority
Domicile certificate (if applicable)
Sports achievement certificates (for relevant category)
Government-issued ID (Aadhar or equivalent)
Graduate School of Business Application Process
Scholarship applications at the Graduate School of Business generally open with admission registrations and must be completed by the end of the admission window. Candidates should apply through the official college portal or submit a hard copy to the admissions office. It is vital to adhere to announced deadlines (commonly aligning with admission closing dates, such as 31st March 2025 for the current cycle) and ensure all required documents are submitted accurately to avoid disqualification.
Graduate School of Business Scholarship Details
The following table outlines key scholarships, their eligibility criteria, and benefits available at the Indore campus. Final awards are offered upon thorough verification and are subject to availability of seats and compliance with institution policies.
Scholarship Name | Eligibility Criteria | Benefit | Notes (if any) |
Merit Scholarship | Minimum 85–90% marks in qualifying 10+2 exam or top entrance scores | 10%–50% tuition fee waiver | Continued only if CGPA criteria are met yearly |
Need-Based/EWS Scholarship | Annual family income below INR 3–5 lakh (certificate required) | 15%–25% tuition fee waiver | Renewal subject to academic progress |
Domicile Scholarship (Madhya Pradesh) | Valid MP domicile certificate | Up to 10% tuition concession | One-time on admission |
Single Girl Child Scholarship | Proof of single girl child status | Up to 20% fee waiver | Documentation required |
Sports Scholarship | State/National level participation certificate | Up to 20% fee waiver | Review of certificate authenticity |
Defense/Paramilitary Wards Scholarship | Certificate of parent’s service | 10% fee waiver | Applicable only once during admission |
Alumni Ward Scholarship | Proof of parent as alumnus of GSB Indore | 5% fee waiver | Limited seats |
Graduate School of Business Additional Notes
Scholarship continuance at the Graduate School of Business typically requires maintaining a minimum CGPA (often above 7.0), regular attendance, and positive conduct throughout the course. Awards are reviewed annually and may be revoked if eligibility criteria are not sustained. Generally, only one scholarship benefit can be claimed per student, subject to institute policies, and there may be annual quotas or caps on specific scholarships, determined by the administrative committee each year.