IIM Mumbai - Indian Institute of Management, Mumbai - Scholarship Details
IIM Mumbai scholarships are offered under various criteria to deserving and meritorious students. The financial support provided by the institute is in the form of tuition fee waiver for students enrolled in various degree programs.
Table of Content
IIM Mumbai Scholarships Details
The below table represents details for IIM Mumbai scholarships:-
| Scholarship Name | Amount | Eligible students |
|---|---|---|
| Type 1 | 30% tuition fee waiver | Family income less than INR 2.50 lakhs |
| Type 2 | 50% tuition fee waiver | Family income less than INR 1 lakhs |
| Teaching Assistantship | INR 12,400 per month | GATE Qualifiers |
| Central Sector Scholarship Scheme- Top Class Education of SC students | N.A. | Family income less than INR 8 lakhs |
| Central Sector Scholarships Scheme- Top Class Education of ST students | N.A. | Family income less than INR 8 lakhs |
Scholarships offered by IIM Mumbai
IIM Mumbai offers scholarships to its students in three categories as mentioned below:-
- Scholarships Type 1
IIM Mumbai Scholarships type 1 provide a 30% tuition fee waiver to its students. This fee waiver is for those students enrolled in the postgraduate programs whose total family income falls below INR 2.50 lakh in the last financial year.
- Scholarships Type 2
IIM Mumbai Scholarships type 2 offers 50% waiver of tuition fee: This fee waiver is applicable to all those students enrolled in the postgraduate programs whose total family income falls below INR 1.00 lakh in the last financial year.
- Teaching Assistantship
IIM Mumbai provides teaching assistantship to GATE qualifiers with an amount worth INR 12,400 per month and contingency expenditure as per rules.
Scholarships offered by the Government of India
SC / ST candidates are granted Central Sector Scholarship as per the Government scheme. Scholarships offered by the Government of India are as mentioned further:-
- Central Sector Scholarships- Top Class Education Scheme for SC Students
Offered by the Ministry of Social Justice & Empowerment, GoI, to SC students. It is provided based on their annual parental income for the previous financial year.
Candidates interested to apply for such scholarships should have a gross family income not exceeding INR 8,00,000/-.
- Central Sector Scholarships- Top Class Education Scheme for ST Students
The scholarships are offered to ST students. It is provided based on their annual parental income for the previous financial year.
Candidates interested to apply for such scholarships should have a gross family income not exceeding INR 8,00,000/-.
IIM Mumbai Scholarships FAQs
Ques. Does IIM Mumbaiprovide scholarship assistance to its students?
Ans. Yes, IIM Mumbai offers scholarships to its students under various categories as tuition fee waivers and teaching assistantship.
Ques. What forms of financial assistance is offered by IIM Mumbai?
Ans. Scholarships offered by IIM Mumbai are in the form of 30% and 50% tuition fee waivers. In addition, teaching assistantship is also offered to GATE qualifiers.
Ques. Which students are eligible to qualify for scholarships at IIM Mumbai?
Ans. Students with family income less than INR 1 lakhs are eligible to qualify for 50% tuition fee waivers scholarships. Students with family income less than INR 2.5 lakhs are eligible for 30% tuition fee waivers.
Ques. Are there any other scholarships than tuition fee waivers for IIM Mumbaistudents?
Ans. There are scholarships in the form of teaching assistantship worth INR 12,400 per month for GATE qualifiers.
Ques. Are there any government scholarships available for students in IIM Mumbai?
Ans. Yes there are government of India scholarships for SC / ST students available under IIM Mumbai scholarships.
Why To Join IIM Mumbai - Reviews & Rating
Most Popular Tags
Likes
- Overall Academic cirriculum of the college
- Overall palcements and internship opportunities
Dislikes
- Maintenance of hostel rooms and corridor
- Maintenance of Basement area and mess area
Loan/ Scholarship Provisions:
Year 1 fees = 7,63,000 Year 2 fees = 7,00,000 This excludes Mess fees, which is around 4000 Rs/ month All other fees including tuition fees, developmental fees etc is included For SC/ST students Total fees - 4 lac ruppes
Likes
- Best campus, good placement, placement is 27,00000
Dislikes
- Campus is small, need a big playground, from hostel to lecture hall travel system is needed
Loan/ Scholarship Provisions:
There is no drastic change in fees, it is increased but at vey low amount, Total fee is 21 lac, there is scholarship by goverment, for the pepole who has income under 450000, Other people doesn't have any scholarship
Likes
- Campus life is quite good with all the amenities available
- Placement assistance provided by vcollege make sure that college obtains 100% placement
Dislikes
- Hostel should provide single rooms and attached washrooms
- Curriculum should be eased off little bit. Too much subject to study in little time
Loan/ Scholarship Provisions:
The tuition fee when I was admitted to IIM Mumbai was Rs 15 Lakhs for the whole course. The fees can be paid in 4 instalments, 2 in each year. The fees include hostel fees and other miscellaneous fees but it does not include Mess fees. The College provide various scholarships, including provided by state and financial scholarships for SC, SC and OBC candidates. The alumni committee also offers financial assistance based on the performance of the candidates. The college also provides scholarship assistance through the National Scholarship Portal which is given by Central Government.
Likes
- Diverse background of the students despite all being engineers, everyone here has some talent
- Beautifully located in between the two lakes of Mumbai
Dislikes
- Rain, you get wet with or without umbrella neck to toe
- Does not have Coed hostels and also lifts are always over burdened because of the 16 floor hostel
Loan/ Scholarship Provisions:
Fees of the NITIE are being hiked for the last few years each year there has been an hike of about 2-3 lakhs. Now it is also set to be an IIM Mumbai then fees surely will be hiked a lot, at par with BLACKI perhaps. fees are definitely high for someone who prepares for GATE in the hopes of getting a government job. you are eligible for a scholarship stipend of 12400/- through GOI under the MHRD scheme.
Likes
- The campus that provides a green lush environment in the heart of city like Mumbai.
- Infrastucture: Classrooms, Labs and libraries
Dislikes
- Boys Hostel Infrastructure needs some more advancements.
- More late night canteens and eating counters
Loan/ Scholarship Provisions:
For the VLFM program, the fees hike policy is generally decided by the institute management and it was last revised in the year 2020. There is no scholarship as such in the VLFM program. The Job/Final placement of the VLFM program has an average of 25.63 Lpa.
Likes
- Hostel facilities are good. Girls hostel has washing machine in every floor.
- Campus is beautiful with a pond inside it
Dislikes
- Limited seating space in library. Library closes at 10pm which is pretty early.
- Lack of proper sports infrastructure like playground, badminton court etc.
Loan/ Scholarship Provisions:
The fees are decent compared to other top-level schools. We have scholarships for SC/ST students as well as scholarships based on economic status. Gate students get there TA scholarship of Rs. 12400 per month. Plus during an internship, we get a good stipend.
Likes
- Greenery in campus and the facility available specially gym and sports facility.
- Curriculam structure and library and also library is opened on weekend and the kind of support we get from academics.
Dislikes
- Infrastructure is quite good as compared to other IIMs and other government colleges.
Loan/ Scholarship Provisions:
The fee is nominal when compared to other government institutions while the average packages are comparable to Old IIMs. The ROI is excellent when it comes to NITIE. Various scholarships are updated from time to time through the mail and students can go through the brochure to know about it. The campus placement is 100%.
Likes
- Provides great placement opportunities at very nominal fees in city like Mumbai
- Comprehensive Course Curriculum helps students build an excellent skillset
Dislikes
- There is nothing like disliking but more food options should be there at the campus I feel
Loan/ Scholarship Provisions:
The fee is very nominal when compared to other management institutes while the average packages are comparable to old IIMs. The ROI is excellent when it comes to NITIE. There are various scholarships that are updated from time to time through the mail and students can go through the brochure to get to know about financial assistance for poor students. I have got an IDFC First Bank scholarship of 100000 per year and also a monthly stipend of 12400 under a Teaching Assistantship.
Likes
- Learning opportunities, corporate projects, academics
- placements, internships
Dislikes
- sports facilities
- college fests
Loan/ Scholarship Provisions:
Fees is consistent for the past 4 years and GATE students get monthly stipends as per MHRD norms. Live Projects opportunities are provided by the college to earn during the studies. Various government scholarships are provided by the college to reserved students.
Likes
- Placements
- Peer Learning
Loan/ Scholarship Provisions:
Total fees for a year are 7L including the hostel fee. Mess costs us around 4K for a month, i.e. nearly 50k a year. Adding 1L for two years to our initial tally, the overall fees for two years would drill down to 15L.
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IIM Mumbai: 1 Answered Question
What are the ways I can fund PGDIE course in NITIE through the GATE? Is there any chance for the GATE toppers to get into this institute with a good amount of scholarship?
You will become eligible to avail of the monthly stipend of Rs. 12,400 which is provided by the MHRD once you qualify for the GATE exam. Other fee-waiver programs at NITIE will help in significantly reducing the amount of fee that you need to pay.
Also, there are scholarships that are provided to the students whose family income is less than a certain specified amount. In addition to this, as a student of NITIE, you can easily avail of an education loan.
Also, NITIE provides an opportunity for summer projects. Once you get selected for the internship, the company pays you a stipend for it.
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