NMAT by GMAC MBA Scholarship helps candidates pursue the MBA program at 13 prestigious Indian business schools. It is granted on the basis of NMAT scores, academic performance, professional, and extracurricular activities.
NMAT by GMAC MBA Scholarship is a scheme to help MBA course candidates get a quality education at some of the leading B-schools across the country. Some of them are ISBR, Bennett University, Athena School of Management etc. Presently, scholarships offered under this program are on the basis of NMAT scores, academic performances and special accomplishments. NMAT is an important part of the student selection process, and those candidates who received an NMAT score above predefined thresholds (from 160) can receive 10-100% of scholarships that help the students decrease their tuition costs by 10% to 25%.
Further, universities including SDA Bocconi Asia Centre have dedicated scholarships for women leaders, sportspersons, and extraordinary extracurricular accomplishments creating a talent diversity. There are also provisions for special exemption from some of these fees for the financially backward candidate and for those who are virtually involved in social work. It is not only financial aid but can be an opportunity for outstanding contenders to attend management courses.
The complete details about NMAT by GMAC MBA scholarships are given below:
Aspect | Details |
---|---|
Scholarship Provider | GMAC (Graduate Management Admission Council) |
Eligibility | NMAT score of 160 or higher |
Scholarship Amount | 10% to 25% tuition fee waiver |
Number of Scholarships | Varies depending on the program and institution |
Application Period | Typically aligned with NMAT exam dates |
Selection Criteria | Based on NMAT score |
Required Percentile | NMAT score of 160 or higher |
Application Process | Apply through the respective participating universities |
Academic Qualification | Must meet the program- specific qualifications |
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The eligibility criteria for the NMAT by GMAC MBA Scholarship are based on a candidate’s performance in the NMAT exam. To qualify for different B-schools, candidates must be eligible for the following criteria.
B-School | NMAT Score Range | Scholarship Amount | Total Number of Scholarships |
---|---|---|---|
Alliance School of Business, Bangalore | 210+ | 50% of fees | Top 10 students |
180-209 | 35% of fees | Top 10 students | |
160-179 | 25% of fees | Top 20 students | |
Athena School of Management, Mumbai | 200+ | Gold 50% of fees | - |
185+ | Silver 35% of fees | 3 | |
150+ | Bronze 25% of fees | As many as eligible | |
Bennett University, Greater Noida | 220+ | 100% of fees | - |
211-220 | 50% of fees | - | |
196-210 | 30% of fees | - | |
BSE Institute Ltd, Mumbai | 185+ | Up to 20% of fees | Top 5 students |
ITM Business School, Navi Mumbai | 160+ | 20% scholarship, full first year scholarship | As applicable 15 scholarships |
ISBR Business School, Bangalore | 160+ | 25-100% tuition fees waiver | 15 scholarships |
Here are the details about additional scholarships for MBA aspirants through NMAT by GMAC:
B-School | Scholarship Details | Amount/Details |
---|---|---|
Jindal Global Business School, Delhi | Based on NMAT score | INR 1,20,000 to INR 75,000 depending on score |
SDA Bocconi Asia Centre, Mumbai | Dean's Fellowship, Women in Leadership, Cultural/Sports Scholarships | INR 2 lac |
Thapar School of Management, Punjab | Merit-based | 75 scholarships available |
SOIL, Gurgaon | Top 5 percentile | INR 2 lacs for top performers |
Financial need-based | INR 2.5 lacs for low-income applicants | |
Universal Business School, Mumbai | Based on NMAT score | INR 100,000 to INR 200,000 |
BML Munjal University, Gurgaon | Based on NMAT score | 50% of fees for scores 195+, 10% for 160-180 |
IILM University, Gurgaon | Based on NMAT score | Varies |
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Applying for the NMAT by GMAC Scholarship for MBA requires a few essential documents. Candidates should be prepared to submit their NMAT scorecard, academic transcripts, ID proof, and relevant documents necessary, depending on specific B-school requirements.
Documents | Details |
---|---|
NMAT Score card | A copy of the official NMAT score to validate eligibility. |
Academic Records | Proof of academic performance, like high school and undergraduate transcripts. |
Work Experience | If applicable, certificates or letters of employment. |
ID Proof | Government-issued identification (e.g., passport, PAN card Aadhar card). |
Financial Documents | Income proof for need-based scholarships, such as tax returns. |
Extracurricular Rewards | For merit-based or specific profile scholarships. |
Here are the steps on how you can apply for an NMAT by GMAC MBA scholarship.
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The NMAT by GMAC Scholarship for an MBA offers significant advantages, enabling aspiring MBA students to affordably access quality education at leading B-schools. This scholarship supports high-achieving students in multiple ways, encouraging academic excellence and personal development. Here are some benefits:
Several top schools, such as ISBR, Bennett University, and SDA Bocconi Asia Centre, offer scholarships based on NMAT scores. Each institution has its own criteria, offering varying scholarship percentages depending on the candidate’s NMAT score and profile. These scholarships aim to provide financial support to deserving candidates, encouraging them to pursue their MBA ambitions.
After registering on the NMAT website, submit the required personal and academic information, select eligible partner institutions, and complete the NMAT application to be considered for scholarships.
The NMAT by GMAT MBA scholarship offers valuable tuition fee waivers, ranging from 10% to 100%, making quality MBA programs more accessible to deserving students. This initiative helps ease the financial burden on candidates with exceptional academic potential, enabling them to pursue their MBA goals while ensuring they don’t face financial obstacles in achieving their career aspirations.
Candidates scoring 160+ on the NMAT exam may qualify, with specific requirements varying by school. Some scholarships also consider academic performance, leadership roles, or financial need.
The NMAT by GMAC MBA scholarship provides tuition waivers for MBA aspirants with high NMAT scores, supporting students with 10% to 100% fee reductions at selected business schools. Scholarships are awarded based on academic achievements, NMAT scores, and extracurricular involvement, allowing top candidates to access quality MBA programs while easing financial burdens.