KJ Somaiya Institute of Management (KSIM) offers merit-based scholarships and financial aid to deserving students. The institute has established five merit-based scholarships that provide a complete waiver of tuition fees. Prospective KSIM scholarship applicants must achieve a minimum of 80% marks in classes 10 and 12, 70% in their undergraduate studies, and maintain a percentile of 90% or greater in CAT or XAT, or score 700 or greater in GMAT, or 250 or better in NMAT. Applicants who cancel their candidacy after receiving the scholarship are subject to a penalty of INR 5,000.
KSIM – Merit-Based Scholarship Eligibility
The eligibility criteria for KSIM merit-based scholarships are specific and rigorous, ensuring only the most deserving students benefit. Applicants must be Indian residents and aged under 30. They must have scored at least 80% marks in classes 10 and 12 and 70% in their undergraduate studies. Additionally, achievements at the state, national, or international level in sports, arts, and community service, or other significant achievements are considered. Applicants must also score 90% or over in CAT or XAT, or 700 or over in GMAT, or 250 or above in NMAT.
| Stages | Selection Process |
| Pre-Screening Criteria Stage 1 | Based on academic merit, achievements in extracurricular or co-curricular activities. Candidate’s Statement of Purpose of 300 words by KSIM Selection committee (Head of Admissions, at least 3 Area Chairpersons, Director) |
| Stage 2 | In-person interview by a panel (VC, Registrar, Dean of Research, Director, and an External Expert). Top 5 students will be selected |
| Scholarship Renewal Eligibility | Based on academic performance in the 1st Year at 65% to 70% Marks or equivalent CGPA, attendance above 75%. The recipient of the scholarship should not have any disciplinary action initiated against them. |
KSIM – Financial Aid
KSIM provides financial aid, in the form of a tuition fee reduction, to selected candidates. This financial assistance varies between 10% and 80% of the tuition fees and applies for the entire duration of the program. The financial aid eligibility criteria include having a family income of less than INR 800,000 per annum, being a person with disabilities, or being a ward of defense personnel who is disabled or deceased in the line of duty.
| Stages | Selection Process |
| Submission | Candidates are required to register on the Admission Portal and submit Financial Aid related documents with the Admission Form |
| Screening | Submitted applications are reviewed and screened based on their eligibility criteria |
| Evaluation | Eligible Candidates will go through an Interview round |
KSIM – Scholarship FAQs
The KSIM offers five merit-based scholarships that provide a 100% waiver of tuition fees. The eligibility criteria for these scholarships are specific and rigorous. Applicants must be Indian residents, aged below 30, have scored a minimum of 80% marks in classes 10 and 12 and 70% in undergraduate studies, and have significant achievements in their field.
