IES's Management College and Research Centre Mumbai Scholarship 2026

IES MCRC, Mumbai provides scholarships to students on the basis of merit. A brief about the same is listed below:

Post Graduate Diploma in Management (PGDM) 

• Name of the Scholarships: Merit Scholarship 
• No. of Scholarships: 10 
• Details: 
  • INR 100000 waiver in the first year tuition fees for the Top 10-candidates in the IES MCRC Merit List provided they score a minimum of 90 percentiles in the written aptitude test required for the admission (CAT, MAT, etc).
  • The waiver will continue for the second year, provided the candidate scores average of 75% marks in the first year.

Post Graduate Diploma in Management (PGDM – PM)

• Name of the Scholarship: Merit Scholarship 
• No. of Scholarships: 5 
• Details: 
  • Up to INR 75,000 waiver in the first year tuition fees for the Top 5-Admitted Candidates based on their merit in the IES MCRC ranking. 
  • The waiver will continue for the second year, provided the candidate scores an average of 70% marks in the first year. 

​Note: The final decision to award the scholarship remains with the college management. The decision of the Scholarship Committee/ Executive Committee shall be final and binding in cases of all applicants.