IES Management College and Research Centre (IES MCRC), Mumbai, offers merit-based scholarships to recognise and support high-achieving students. These scholarships reward top performers in entrance exams and academic assessments, helping reduce the financial burden of their studies. Separate schemes are available for the PGDM and PGDM–Project Management programs, each with its own eligibility criteria, benefits, and renewal rules. IES MCRC, through these scholarships, aims to encourage excellence and help talented students achieve their academic goals.
IES MCRC PGDM Merit Scholarship 2025
This merit-based scholarship is designed for students enrolled in the Post Graduate Diploma in Management (PGDM) program at IES MCRC. The institution provides ten such scholarships, each offering a tuition fee waiver of INR 1,00,000 for the first year. The recipients are selected from the top 10 candidates on the IES MCRC Merit List who have achieved a minimum of 90 percentile in the written aptitude test (CAT, MAT, etc.) required for admission. The fee waiver is renewed for the second year if the candidate maintains an average score of at least 75% in the first year.
| Scholarship | Eligibility | Number of Scholarships | Amount |
| Post Graduate Diploma in Management (PGDM) Merit Scholarship | Top 10 candidates in the IES MCRC Merit List with a minimum of 90 percentile in the written aptitude test | 10 | INR 100,000 |
IES MCRC PGDM - PM Merit Scholarship 2025
This scholarship is specifically for students pursuing the Post Graduate Diploma in Management - Project Management (PGDM – PM) at IES MCRC. The institution grants five such scholarships, with each offering a tuition fee waiver of up to INR 75,000 for the first year. The recipients are the top 5 admitted candidates based on their merit in the IES MCRC ranking. For the continuation of the scholarship into the second year, the candidates must maintain an average score of at least 70% in the first year.
| Scholarship | Eligibility | Number of Scholarships | Amount |
| Post Graduate Diploma in Management (PGDM – PM) Merit Scholarship | Top 5 admitted candidates based on their merit in the IES MCRC ranking | 5 | Up to INR 75,000 |
It is essential to note that the final decision to grant these scholarships rests with the college management. The Scholarship Committee/Executive Committee's decision is final and binding for all applicants.