Lal Bahadur Shastri Institute of Management (LBSIM) provides a variety of scholarship programs for students, particularly those from Economically Weaker Sections (EWS). All students at LBSIM can apply and potentially receive these scholarships. LBSIM, a premier business school in India, is known for its Post Graduate Diploma in Management (PGDM) across various specialisations. Here, we provide detailed information about all scholarships and awards offered by LBSIM.
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LBSIM Merit-cum-Means Scholarships 2025
Merit-cum-means scholarships at LBSIM are granted to deserving students from the Economically Weaker Sections. The scholarships are awarded to both first-year and second-year students enrolled in the PGDM programs. The recipients are selected by a committee that includes faculty members and administrative staff.
| Batch | Number of Scholarships | Scholarship Amount |
| 2021-23 | 6 | INR 1,00,000 |
| 2022-24 | 15 | INR 1,00,000 |
LBSIM Awards
The Late Lal Bahadur Shastri Award for Excellence is one of the most prestigious recognitions conferred by the Lal Bahadur Shastri Institute of Management. It honours individuals who have made outstanding contributions to society, business, governance, or public service, reflecting the values of integrity and leadership upheld by Shri Lal Bahadur Shastri.
| Award Name | Description |
| Late Lal Bahadur Shastri Award for Excellence |
Presented by the President of India at Rashtrapati Bhawan and the honour carries a cash award of INR 5 Lakhs. The awardees are designated as Lal Bahadur Shastri Fellows and their names are inscribed on the roll of honours of the Institute. |
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LBSIM FAQs
What are the scholarships offered by Lal Bahadur Shastri Institute of Management?
Lal Bahadur Shastri Institute of Management offers Merit-cum-Means scholarships for students from Economically Weaker Sections and various awards like the Late Lal Bahadur Shastri Award for Excellence.
Who can apply for Merit-cum-Means scholarships at Lal Bahadur Shastri Institute of Management?
All students enrolled in the PGDM programs at Lal Bahadur Shastri Institute of Management, both first-year and second-year, can apply for these scholarships.
What is the value of the Merit-cum-Means scholarship at Lal Bahadur Shastri Institute of Management?
The Merit-cum-Means scholarship at Lal Bahadur Shastri Institute of Management is worth INR 1,00,000 per recipient.
What is the Late Lal Bahadur Shastri Award for Excellence at Lal Bahadur Shastri Institute of Management?
It is a prestigious award presented by the President of India, carrying a cash prize of INR 5 Lakhs, honoring individuals for outstanding contributions to society or business.
Can both first-year and second-year students receive scholarships at Lal Bahadur Shastri Institute of Management?
Yes, both first-year and second-year PGDM students at Lal Bahadur Shastri Institute of Management are eligible for Merit-cum-Means scholarships.
