IIM Ranchi MBA Scholarship

IIM Ranchi scholarship offers financial support to meritorious students in MBA and IPM programs, promoting inclusivity and reducing educational costs.

IIM Ranchi MBA Scholarship 2025 Dates

The crucial dates for IIM Ranchi MBA Scholarship are as follows:

Particulars Dates (Tentative)
Start Date to ApplyDecember 2024
Last Date to ApplyFebruary 2025

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Overview of IIM Ranchi MBA Scholarship 2025

Here is an at-a-glimpse information of IIM Ranchi MBA Scholarship 2025:

AspectDetails
Scholarship ProviderIIM Ranchi
EligibilityStudents enrolled in MBA, MBA-Business Analytics, MBA-HRM, or IPM; Income cap applies.
AmountScholarships value INR 1 crore every year
Selection CriteriaMerit-based with additional weightage for SC/ST, differently-abled students, and financial need.
Gross Family IncomeParental income cap applies (varies based on category, typically under (INR 4.5-8 lakh/ year).
Application ProcessApplication through the IM Ranchi portal; verify eligibility and apply by specified deadlines.
Academic Requirements Strong academic performance in previous qualifications, particularly in management-related programs.
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List of MBA Scholarships Offered by IIM Ranchi

IIM Ranchi offers a variety of MBA scholarships to support its students, both through institute-sponsored schemes and government initiatives. These scholarships aim to assist meritorious students with financial needs and promote inclusivity. They cater to different categories including SC/ST, differently-abled, minority students, and those pursuing postgraduate studies both in India and abroad.

Institute Sponsored MBA Scholarships 

Here are all the MBA scholarships sponsored by the institute:

Scholarship NameEligibility Scholarship Details
Merit cum Means ScholarshipStudents enrolled in MBA, MBA-Business Analytics, MBA-HRM, or IPM; Parental income cap applies; SC/ST and differently-abled students get additional weightage.Awarded to 25 students annually; excludes students already availing other scholarships.

MBA Scholarship Offered by Government of India

Government of India offers the following MBA scholarships:

Scholarship NameEligibilityScholarship Details
Post-Matric Scholarship for SC StudentsSC students who are pursuing post-secondary education with a family income ? INR 2.5 lakh per annum.Covers course fees up to INR 2 lakh per annum and maintenance allowance for MBA and other professional courses.
Central Sector Scholarship of Top-Class Education for SC StudentsSC students pursuing higher degree from a premier institutions; family income ? INR 8 lakh per annum.Full tuition fee reimbursement (up to INR 2 lakh per annum), living expenses of INR 2,200/month, and book allowances.
Merit Cum Means Scholarship by Ministry of Minority AffairsMinority students with financial needsCovers tuition fee reimbursement (up to INR 20,000/year) and a maintenance allowance of INR 1,000/month for hostellers.
Scholarships for Top Class Education for Students with Disabilities by Department of Empowerment of Disabilities Students with certified disabilities; family income < INR 4.5 lakh per annumCovers up to INR 2,00,000 per annum including maintenance expenses
Scholarship for PM CARES ChildrenChildren who lost their parents due to COVID-19.Covers complete tuition fees of the student pursuing higher degrees and other educational expenses for postgraduate studies, including an MBA.


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Application Process for IIM Ranchi MBA Scholarship 2025

To successfully enrol to a scholarship program, you need to go through a series of steps. Also, you need to submit the required documents and letters as proof. This ensures no student is misusing the scholarship benefits and the right person gets the help. You may apply for IIM Ranchi MBA scholarship by going through the steps mentioned below.

  • Ensure you meet the criteria, such as program enrolment, parental income cap, and other specific requirements.
  • Prepare necessary documents like income certificates, academic records, and category certificates (if applicable).
  • Fill out the scholarship application form provided by the institute.
  • Submit the completed application and documents to the designated committee or portal within the deadline.
  • Applications are reviewed based on academic merit, financial need, and additional weightage criteria.
  • Selected candidates are informed by the institute.
  • You need to keep checking the IIM Ranchi’s official website for updates.
  • For other scholarships, offered by the government such as merit cum means scholarship, scholarships from PM cares, you need to reach out to the National Scholarship Portal.

Also ReadPost Matric Scholarship for Minorities

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Documents Required for IIM Ranchi MBA Scholarship 2025

Here are the documents needed for IIM Ranchi MBA Scholarship 2025:

List of Documents Details
Academic Transcripts
  • Students must provide official academic transcripts from their previous educational institutions to demonstrate their academic performance. 
  • This helps in evaluating eligibility for the Merit-cum-Means Scholarship, ensuring that candidates meet the required academic standards for the scholarship.
Family Income Proof
  • To verify eligibility for financial assistance, students must submit valid documentation proving their family income. 
  • Accepted documents include income tax returns, salary slips, or certificates from local authorities, depending on the student’s specific financial background.
Caste or Disability Certificate 
  • If applicable, students from SC/ST categories should submit a valid caste certificate. 
  • Similarly, differently-abled students must provide a certified disability certificate to ensure they receive the additional weightage and benefits as part of the scholarship program.
Completed Application Form 
  • Applicants are required to fill out and submit the official scholarship application form through the IIM Ranchi portal. 
  • The form must include personal, academic, and financial details, and be submitted within the given deadlines for consideration.

Also ReadPre Matric Scholarships Schemes for Minorities

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Benefits of IIM Ranchi MBA Scholarship 2025

The initiative of offering MBA scholarships to students facilitates minimal-cost education at a premier institution like IIM Ranchi. This opens pathways to advanced career prospects and professional growth for its beneficiaries.

  • The scholarship helps students cover tuition fees and other academic-related expenses, reducing financial burdens and enabling them to focus on their education.
  • It offers special consideration for students from marginalised communities, including SC/ST and differently-abled students, ensuring equitable opportunities for all.
  • By rewarding academically outstanding students who demonstrate financial need, the scholarship promotes excellence and recognises deserving candidates.
  • The program supports students from diverse socio-economic backgrounds, enabling them to access high-quality management education at IIM Ranchi.
  • With an annual allocation of approximately INR 1 crore, the scholarship provides substantial financial support to a significant number of students each year.
  • It ensures that students already benefiting from other scholarships do not overlap, allowing a broader distribution of resources to those truly in need.

Also ReadDr APJ Abdul Kalam Bright Student Award Scholarship
 

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FAQs about IIM Ranchi MBA Scholarship

What are the selection criteria for the IIM Ranchi MBA scholarship?

As per the selection criteria for the IIM Ranchi MBA scholarship, students are awarded based on merit, academic excellence, and financial need. Additional weightage is given to SC/ST and differently-abled students.

Are there other MBA scholarships at IIM Ranchi apart from the IIM Ranchi MBA scholarship?

Yes, there are other MBA scholarships at IIM Ranchi apart from the IIM Ranchi MBA scholarship. Students can avail of various government scholarships for SC/ST, minority, differently-abled students, and those pursuing higher education abroad.

What is the MBA scholarship amount offered by IIM Ranchi?

The scholarship offers substantial financial assistance, with an annual allocation of INR 1 crore distributed among 25 meritorious students. This may differ from one academic year to another. Candidates are advised to check the university website before applying.

How can I apply for the IIM Ranchi MBA scholarship?

To apply for the IIM Ranchi MBA scholarship, applications should be submitted through the IIM Ranchi portal, where eligibility must be verified. One must make sure to apply by the specified deadline.




 

Who is eligible for the IIM Ranchi MBA scholarship?

Students enrolled in MBA, MBA-Business Analytics, MBA-HRM, or IPM programs with academic excellence and financial need, including SC/ST and differently-abled students are eligible for the IIM Ranchi MBA scholarships.

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