IIM Ranchi scholarship offers financial support to meritorious students in MBA and IPM programs, promoting inclusivity and reducing educational costs.
The crucial dates for IIM Ranchi MBA Scholarship are as follows:
Particulars | Dates (Tentative) |
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Start Date to Apply | December 2024 |
Last Date to Apply | February 2025 |
Also Read: Reliance Foundation Scholarship
Here is an at-a-glimpse information of IIM Ranchi MBA Scholarship 2025:
Aspect | Details |
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Scholarship Provider | IIM Ranchi |
Eligibility | Students enrolled in MBA, MBA-Business Analytics, MBA-HRM, or IPM; Income cap applies. |
Amount | Scholarships value INR 1 crore every year |
Selection Criteria | Merit-based with additional weightage for SC/ST, differently-abled students, and financial need. |
Gross Family Income | Parental income cap applies (varies based on category, typically under (INR 4.5-8 lakh/ year). |
Application Process | Application 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. |
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.
Here are all the MBA scholarships sponsored by the institute:
Scholarship Name | Eligibility | Scholarship Details |
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Merit cum Means Scholarship | Students 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. |
Government of India offers the following MBA scholarships:
Scholarship Name | Eligibility | Scholarship Details |
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Post-Matric Scholarship for SC Students | SC 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 Students | SC 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 Affairs | Minority students with financial needs | Covers 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 annum | Covers up to INR 2,00,000 per annum including maintenance expenses |
Scholarship for PM CARES Children | Children 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. |
Also Read: Digital Gujarat Scholarship
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.
Also Read: Post Matric Scholarship for Minorities
Here are the documents needed for IIM Ranchi MBA Scholarship 2025:
List of Documents | Details |
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Academic Transcripts |
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Family Income Proof |
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Caste or Disability Certificate |
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Completed Application Form |
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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.
Also Read: Dr APJ Abdul Kalam Bright Student Award 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.
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.
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.
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.
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.