MICA Ahmedabad extends multiple scholarship opportunities to students pursuing PGDM, PGDM-C, PG Certificate in CCC, and FPM. MICA Ahmedabad scholarships are primarily anchored on the students' academic performance and their families' income. The number of scholarships offered to the PGDM, PGDM-C, and CCC students annually varies between 25 and 27. The FPM students, meanwhile, receive a fellowship that covers their tuition fee, while also providing a monthly stipend and contingency grant.
MICA Ahmedabad - Scholarships for PGDM, PGDM-C, and PG Certificate in CCC
Students enrolled in the PGDM, PGDM-C, and PG Certificate in CCC programs at MICA Ahmedabad are eligible to apply for scholarships. The selection process is merit-based, considering the students' academic performance and their families' annual income. The Equity Scholarship, sponsored by Prof. Bikram Bindra for first-year students of PGDM and PGDM-C, is awarded on a merit-cum-means basis. Students belonging to minority groups are especially encouraged to apply. The scholarships are divided evenly between MICA and the Equity Scholarship.
Here is a detailed breakdown of the scholarships offered:
| Programs | Number of Scholarships | Scholarship Amount offered by MICA | Scholarship Amount offered through Equity Scholarship |
| PGP 1 | 11 - 13 | 100% Tuition Fee | INR 5 Lakhs |
| PGP 2 | 12 | 100% Tuition Fee | INR 5 Lakhs |
| CCC | 2 | Up to 50% of Tuition Fee | - |
MICA Ahmedabad Scholarship Eligibility
The eligibility criteria for MICA scholarships require students to meet the following parameters:
| Particulars | Scholarship Requirements |
| Family Income | Not more than INR 10 Lakhs per annum |
| Academic Performance | Minimum CGPA of 3 in the first year |
| Attendance | Minimum 80% across all subjects |
| Other Achievements | Victory in state/national/international level competitions |
MICA Ahmedabad - Fellowship for FPM Program
All students admitted to the FPM program are extended a fellowship and contingency allowance. The fellowship includes a monthly stipend ranging from INR 38K to INR 41K and a contingency grant to cover academic expenses. The details of the fellowship are as follows:
| Particulars | Fellowship Details |
| Monthly Stipend | INR 38K (for first 2 years), INR 41K (for 3rd and 4th year) |
| Contingency Grant | INR 25K (in first year), INR 30K (in 2nd & 3rd year each), INR 15K (in 4th year) |
MICA Ahmedabad - Scholarship FAQs
Does MICA provide scholarships?
Yes, MICA offers scholarships to students enrolled in the PGDM, PGDM-C, and PG Certificate in CCC programs.
What is the total number of scholarships provided by MICA annually?
MICA offers between 25 and 27 scholarships each year.
What is the amount of scholarship provided by MICA?
MICA provides 100% tuition fee coverage to half of the scholarship recipients. The remaining half receive an INR 5 Lakh scholarship under the Equity Scholarship.
What is the Equity Scholarship at MICA?
The Equity Scholarship is sponsored by Prof. Bikram Bindra for first-year PGDM and PGDM-C students, based on a merit-cum-means basis. It offers an INR 5 Lakh scholarship to the recipients.