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LBSIM Scholarships 2024: Eligibility, Amount & Details

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Written By Muskan Shafi 

Lal Bahadur Shastri Institute of Management (LBSIM) offers financial support in the form of numerous scholarships to students from Economically Weaker Sections. LBSIM Delhi offers scholarships on the basis of various qualifications. All the students at LBSIM are eligible to apply for the scholarship program and have an equal chance to avail of the scholarships. Lal Bahadur Shastri Institute of Management is one of the premier business schools in India offering Post Graduate Diploma in Management (PGDM) as its flagship course in various specializations. 

Here is a list of LBSIM Scholarships offered to the students: 

  • Merit-cum-Means Scholarships
  • Smt. Lalita Shastri Scholarship
  • Manuj Chopra Scholarship
  • Tessy Thomas Scholarship

Lal Bahadur Shastri Institute of Management also offers student awards during the Convocation for Scholarly performance and Social activities. 

Check More: LBSIM Admission 2024

LBSIM Merit-cum-Means Scholarships

Lal Bahadur Shastri Institute of Management offers the following Merit-cum-Means Scholarships to meritorious students from Economically Weaker Sections:

  • For Batch 2021-23, a total of 6 Merit-cum-Means Scholarships worth INR 1,00,000 each are awarded to first-year and second-year students enrolled in PGDM programs.
  • For Batch 2022-24, a total of 15 Merit-cum-Means Scholarships worth INR 1,00,000 each are awarded to first-year and second-year students enrolled in PGDM programs.

The students who will be awarded these scholarships are chosen by a committee comprising faculty members, admin staff member/s, and others.

Check More: LBSIM Courses & Fees

LBSIM Other Merit Scholarships

Lal Bahadur Shastri Institute of Management also offers three other scholarships on Merit-cum-Means Basis which are as follows: 

  • Smt. Lalita Shastri Scholarship
  • Manuj Chopra Scholarship
  • Tessy Thomas Scholarship

Here are the complete details about these scholarships: 

Scholarship Name Scholarship Details  Amount 
Smt. Lalita Shastri Scholarship Awarded to students who have performed very well in academics and leadership potential. INR 50,000
Manuj Chopra Scholarship Awarded to students who have shown academic excellence and social responsibility. INR 50,000
Tessy Thomas Scholarship Awarded to students who have shown academic excellence and entrepreneurial skills. INR 50,000

Check More: LBSIM Placements

LBSIM Student Awards 

LBSIM Delhi confers Two Awards to its students during the Convocation for Scholarly Performance and Social Activities. The Students Awards offered at LBSIM are as follows: 

  • Lalita Shastri Award for Overall Best Performance
  • Amit Chopra Award for Social Services and Extra Curricular Activities

Check More: LBSIM Ranking 

LBSIM Scholarships 2024 FAQs

Ques. Does LBSIM offer any scholarships?

Ans. Yes, Lal Bahadur Shastri Institute of Management offers numerous scholarships to the students from Economically Weaker Sections. The institute offers merit scholarships which can be availed by the students on the basis of their academic performance and social work. 

Ques. Which scholarships are offered by Lal Bahadur Shastri Institute of Management?

Ans. Lal Bahadur Shastri Institute of Management offers the following scholarships: 

  • Merit-cum-Means Scholarships
  • Smt. Lalita Shastri Scholarship
  • Manuj Chopra Scholarship
  • Tessy Thomas Scholarship

Ques. What is the amount for Merit-cum-Means Scholarships at LBSIM?

Ans. LBSIM offered a total of 6 Merit-cum-Means Scholarships worth INR 1,00,000 each to first-year and second-year students enrolled in PGDM programs for Batch 2021-23. For Batch 2022-24, a total of 15 Merit-cum-Means Scholarships worth INR 1,00,000 each are awarded to first-year and second-year students in the PGDM course. 

Ques. How are students selected for scholarships at LBSIM?

Ans. The students are selected for scholarships at LBSIM based on various criteria. First, their family background and financial records are checked followed by their academic records. The students are chosen by a committee comprising faculty members, admin staff member/s, and others.

Ques. What is the scholarship amount for the Tessy Thomas Scholarship at LBSIM?

Ans. The scholarship amount for the Tessy Thomas Scholarship at LBSIM is INR 50,000.

Why To Join LBSIM - Reviews & Rating

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Loan/ Scholarship Provisions:

Education fees are around 11.67 lakhs + 3.5lakhs for a hostel which now has increased to 12.5 lakhs for education and 4 lakhs for a hostel. A hike of 5-10% in fees is expected. The scholarship is based on academics, sports, overall performance, and the EWS category. The average package is 10 LPA and the average stipend is around 40k pm. 100% placement is there. A diverse pool of companies comes every year and an increase in the number of companies and packages can be seen.

...Read More
ADITI DALAL PGDM, General (Enrolled 2021) Reviewed on Feb 25, 2023
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Loan/ Scholarship Provisions:

The fee structure was 12,00,000 rs taken in 4-5 instalments. There were no fee hikes as such during these two years in our knowledge as a student. One of my friends got a scholarship of 1 Lakh recently for her consistent performance.

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Vaibhav Sharma PGDM, General (Enrolled 2021) Reviewed on Feb 25, 2023
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Loan/ Scholarship Provisions:

Fees Structure you can find on the LBSIM website or can contact PRC (PUBLIC RELATION AND COMMUNICATION) Team. 100% Campus placements with the support of Placement Cell Work hard to get in the top 10% students

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Aman Garg PG Diploma, Financial Management (Enrolled 2022) Reviewed on Feb 25, 2023
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Loan/ Scholarship Provisions:

The academic fees for the batch 2021-23 were 11.67 lac and the fee hike per year is around 30k. The college provides good ROI when compared to B-schools of the same league with prominent companies visiting the campus for internships as well as placement opportunities.

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Kunal Nagpal PGDM, General (Enrolled 2021) Reviewed on Feb 24, 2023
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Satyam's Review

4.0Helpful

Loan/ Scholarship Provisions:

Fees are hiked 10% per year and the cost to study is about Rs 600000 per year. PGDM cost to study is relatively less than other B- Schools of his range. Colleges provide limited scholarships or financial assistance.

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SATYAM KUMAR SHAHI PGDM, General (Enrolled 2021) Reviewed on Feb 15, 2023
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Life at LBSIM

4.3Helpful

Loan/ Scholarship Provisions:

The fees are comparatively less when compared to other colleges lying in the same range. The placements and summer internships are provided to every student with ample opportunities. Financial assistance is provided to students on a merit cum need basis

...Read More
Akshat Saxena PGDM, Research and Business Analytics (Enrolled 2022) Reviewed on Jan 31, 2023
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Loan/ Scholarship Provisions:

Fees hike is nominal considering other Management colleges. The fees have been increased to 14 lakhs from 12.94 lakhs last year when I got admission. Merit cum means a scholarship of rupees 1 lakh is provided. Last year 15 students received this scholarship.

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Abhishek chauhan PG Diploma, Financial Management (Enrolled 2022) Reviewed on Jan 31, 2023
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Loan/ Scholarship Provisions:

They charge 1390000 for a full-time pgdm program 2022 -2024 while fees for other non-flagship programs vary from 5 lahks to 10 lahks. LBSIM did not provide any sort of scholarship to any candidate regardless of their profile and financial status.

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VAGEESH PGDM, General (Enrolled 2022) Reviewed on Jan 31, 2023
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Loan/ Scholarship Provisions:

Fees structure for PGDM is 1390000 for two years in total. Apart from that to avail of hostel facility, students have to pay Rs. 380000 for two years combined. The institute also provides scholarship facilities to meritorious students and those in need.

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AYUSMAN CHAKRABORTY PG Diploma, Financial Management (Enrolled 2022) Reviewed on Jan 31, 2023
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My Mba Journey

3.8Helpful

Loan/ Scholarship Provisions:

Fees hike policy generally goes with a 10 percent hike every 2 years and students can get lal bahadur Shastri scholarship and job stipends range from 5000-70000 depending on the brand and company visits every student gets an internship.

...Read More
LAKSHAY KAPOOR
LAKSHAY KAPOOR PGDM, General (Enrolled 2021) Reviewed on Jan 24, 2023
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Comments


2 Comments
H
himanshu yadav
What is the eligibility criteria for the LBSIM Scholarship?
S
Sweta Kumari

Lal Bahadur Shastri Institute of Management (LBSIM) offers financial support in the form of numerous scholarships to students from Economically Weaker Sections. LBSIM Delhi offers scholarships on the basis of various qualifications. All the students at LBSIM are eligible to apply for the scholarship program and have an equal chance to avail of the scholarships. Lal Bahadur Shastri Institute of Management is one of the premier business schools in India offering Post Graduate Diploma in Management (PGDM) as its flagship course in various specializations. 

Here is a list of LBSIM Scholarships offered to the students: 

  • Merit-cum-Means Scholarships
  • Smt. Lalita Shastri Scholarship
  • Manuj Chopra Scholarship
  • Tessy Thomas Scholarship

Lal Bahadur Shastri Institute of Management also offers student awards during the Convocation for Scholarly performance and Social activities. 

A
anshika saxena
Is a 100% tuition fee waiver available through any LBSIM Scholarship?
S
Sweta Kumari

Lal Bahadur Shastri Institute of Management offers the following Merit-cum-Means Scholarships to meritorious students from Economically Weaker Sections:

  • For Batch 2021-23, a total of 6 Merit-cum-Means Scholarships worth INR 1,00,000 each are awarded to first-year and second-year students enrolled in PGDM programs.
  • For Batch 2022-24, a total of 15 Merit-cum-Means Scholarships worth INR 1,00,000 each are awarded to first-year and second-year students enrolled in PGDM programs.
    ?

Lal Bahadur Shastri Institute of Management also offers three other scholarships on Merit-cum-Means Basis amounted INR 50,000 each which are as follows: 

  • Smt. Lalita Shastri Scholarship
  • Manuj Chopra Scholarship
  • Tessy Thomas Scholarship

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