IFIM School of Management, located in Bangalore, Karnataka, India, offers a broad spectrum of scholarships aimed at fostering access to higher education for deserving students. The institute provides merit-based, need-based, and special category fee waivers, designed to support talented individuals across economic and academic backgrounds. These scholarships cover benefits such as tuition and hostel fee waivers, making quality management education more accessible at the Bangalore campus.
IFIM School of Management Scholarships Overview
The scholarship programs at IFIM School of Management are developed to recognize academic excellence and financial need. Typical awards offer substantial fee waivers, targeting exemplary performance and underprivileged backgrounds. The categories include:
Merit-based waivers (based on board/entrance scores, such as for CAT or GMAT, and qualifying marks at admission)
Need/EWS-based support (for families below set income thresholds, with up to 100% waiver)
Category-based waivers for sports achievers, single girl child, local community, siblings, defense/paramilitary wards, and alumni
IFIM School of Management Eligibility
Eligibility for IFIM scholarships is governed by clear guidelines that reflect the institute’s commitment to fairness and inclusion. Candidates must participate in the official selection process and attain the minimum qualifying marks prescribed for each scholarship category. For merit-based awards, requirements often include high marks in qualifying exams (such as >=90% in board exams), while need-based support generally applies to candidates with family income below INR 5 lakh per annum. Sports and special category awards require verifiable achievements at recognized levels.
IFIM School of Management Required Documents
To validate scholarship eligibility, applicants must submit standard supporting documents. These provide proof of academic merit, economic status, and category-specific qualifications.
Mark sheets and certificates (10th, 12th, UG, entrance exams)
Income certificate issued by a competent authority
Identity proof and recent photographs
Certifications for sports/other achievements (if applicable)
Admission offer letter
IFIM School of Management Application Process
Applications for scholarships are processed primarily during admission cycles. Students must apply through the institute’s online portal or designated office, ensuring complete submission of all required documents before the announced deadlines. Only verified applicants who meet eligibility norms and submit accurate documentation are considered. The scholarship committee reviews and recommends successful candidates for approval.
IFIM School of Management Scholarship Details
The following table summarizes major scholarships offered by IFIM School of Management Bangalore, highlighting eligibility criteria and typical benefits. Final awards are subject to verification and available seats in each category.
Scholarship Name | Eligibility Criteria | Benefit | Notes (if any) |
Merit Scholarship | Qualifying marks in IFIM selection/admission process; achievement in relevant exams (e.g., >=90% marks, high CAT/GMAT scores) | 50% or 25% tuition fee waiver | Non-cumulative with EWS scholarship |
Economically Weaker Section (EWS) Scholarship | Family income below INR 5 lakh per annum; qualifying marks and successful panel recommendation | 100% tuition and hostel fee waiver (registration fees applicable) | Subject to seat availability; not combinable with other waivers |
Sports Scholarship | Representation at state/national/international level; proof of participation/certificates | Fee concession (exact percentage NA) | Final amount determined case by case |
Sibling Scholarship | Siblings enrolled at IFIM Institutions | Fee concession (exact percentage NA) | Limited to direct siblings |
Principal Scholarship | Outstanding academic or leadership achievement as assessed by IFIM panel | Fee concession (exact percentage NA) | Special recognition category |
Alumni Scholarship | IFIM alumni with >=60% throughout academic career | 10% tuition fee waiver (for MBA) | Applicable for PG programs |
IFIM School of Management Additional Notes
Scholarships awarded at IFIM Bangalore require ongoing compliance with the institute's standards. Most scholarships are subject to renewal based on minimum CGPA, attendance, and conduct requirements. Benefits such as tuition waivers are generally not combinable with each other; students can receive only one major scholarship per category per academic year, subject to seat and intake caps. The institute reserves the right to revise policies and quotas annually as per prevailing norms.