MICA Scholarship 2026

Ahmedabad, GujaratEstd 1991
Collegedunia Team's profile photo

Collegedunia Team

Content Curator | Updated 3+ months ago

MICA scholarships are offered to the PGDM, PGDM-C, PG Certificate in CCC and FPM students. The scholarship offered to the PGDM, PGDM-C and CCC are limited to 25 - 27 students and are based on their overall academic performance and their family income. 

The FPM students are offered a fellowship by MICA Ahmedabad, which waives off the tuition fee and offers a monthly stipend and contingency grant. 

Also read about MICA Ahmedabad Admission

 

MICA Scholarship For PGDM, PGDM-C, PG Certificate in CCC

  • MICA Ahmedabad will offer scholarships to the students who are currently pursuing PGDM, PGDM-C, and PG Certificate in CCC. The students will be selected on the basis of their overall academic performance and their family income. 
  • Equity Scholarship is sponsored by Prof. Bikram Bindra to the first-year students of PGDM and PGDM-C, based on merit cum means/means cum merit basis. The student who represents a minority status is eligible to apply under this scheme. 
  • The maximum number of scholarships offered to the PGP-1, PGP-2, and CCC students is 25 - 27. Half will be sponsored by MICA and another half through Equity Scholarship.

MICA Scholarship Details 

Programs PGP 1 PGP 2 CCC
Number of Scholarships 11 - 13 (half will be sponsored by MICA and another half through Equity Scholarship) 12 2
Scholarship Amount offered by MICA 100% Tuition Fee 100% Tuition Fee Up to 50% of Tuition Fee
Scholarship Amount offered through Equity Scholarship  INR 5 Lakhs INR 5 Lakhs -

MICA Scholarship Eligibility Criteria

Particulars Scholarship Details 
Family Income Not exceeding INR 10 Lakhs per annum.
Students Academic Performance  Minimum CGPA of 3 in first year
Attendance  Minimum 80% across all subjects
Other Achievements  Winning state/national/international level competitions)

Check: MICA Ahmedabad Courses & Fees

MICA Scholarship Selection Process 

The candidates will be selected based on the Interview & interaction with the Scholarship Committee, which will include the MICA faculty and staff, and Prof. Bikram Bindra.

 

MICA Scholarship for FPM 

All the students admitted to the FPM program will be offered a fellowship and contingency allowance. The fellowship will provide a monthly stipend of INR 38K to INR 41K per month and a contingency grant to cover all the academic expenses like case material, books, travel, data collection expenses, thesis expenses, etc. 

The details fellowship offered to the FPM students are as follows:

Particulars Fellowship Details 
Monthly Stipend INR 38K (for first 2 years) INR 41K (for 3rd and 4th year)
Contingency Grant INR 25K (in first year) INR 30K (in 2nd & 3rd year each) INR 15K (in 4th year)

MICA Scholarship FAQs

Ques. Does MICA offer scholarships?

Ans. Yes MICA does offer scholarships to PGDM, PGDM-C, and PG Certificate in CCC students. 

Ques. How many students are offered scholarships at MICA?

Ans. A total of 25 -27 scholarships are offered every year by MICA. 

Ques. How much scholarship amount is offered by MICA?

Ans. MICA scholarships offer a 100% tuition fee and about 50% of the total students who receive scholarships get this. The remaining 50% of students are offered an INR 5 Lakh scholarship under Equity Scholarship. 

Ques. What is the Equity Scholarship offered to MICA students?

Ans. Equity Scholarship is sponsored by Prof. Bikram Bindra to the first-year students of PGDM and PGDM-C, based on merit cum means/means cum merit basis. It offers INR 5 Lakh scholarships to first-year PGDM students.

MICA Scholarships: Students' Opinion

AI-Generated Summary based on 32 Reviews

The college offers scholarships based on academic performance and family income, with a particular focus on students whose family income is less than Rs. 10 lakhs per annum. A total of 20 scholarships are awarded annually, assessed by a committee considering class attendance and academic achievements. Scholarships typically amount to Rs. 20,000 and are granted at the end of the course. The tuition fee is approximately Rs. 21 lakhs, which includes residential costs, with an annual fee hike of 5-10%.

Loans up to Rs. 20 lakhs can be obtained mortgage-free from major banks like SBI, HDFC, and Axis Bank. The average final placement package is around 13.9 LPA, with summer internships offering stipends between 80,000 to 1 lakh INR per month. The college provides opportunities for student exchange programs abroad, and financial assistance is available for underprivileged and high-performing students.

...Read More
 By Collegedunia’s Personal AI

Why To Join MICA - Reviews & Rating

Campus
Campus
Campus
Campus
Infrastructure & Academic Building
Hostels
Hostels
Hostels
Hostels
Events
Events
4.3
& Win Monthly Prizes Up to ₹1 Lakh/-*
5(61%)
4(35%)
3(0%)
2(3%)
1(0%)

Academic
4.2
Faculty
4.3
Infrastructure
4.5
Accommodation
4.5
Social Life
4.5
Placement
4.0

Most Popular Tags

Reset All Filter

Ashwin Bhatt
4.3Helpful
Reviewed on Jan 16, 2026(Enrolled 2025)

Student Snaps:

Fees and Financial Aid:

The fees for the programme is around ?28,00,000, of which approx ?13,00,000 is paid for 1st year. The fees includes everything from mess food, hostel, tuition, library, resources, and insurance. The fees is same for everyone but there are need-case based financial aids provided by the college which waives off most of the fees. There's no management quota or caste-based fee system.
...Read More
Kumaril Gupta
Kumaril Gupta
4.8Helpful
Reviewed on Nov 12, 2024(Enrolled 2023)

Fees and Financial Aid:

The total fees comes out to around 2400000 with around 4 installments. The first installment was around 507000, I don't have the breakup for this. The next installment was 4,13,000. In which tuition was 240000, hostels we're 118000, internet was 25000, and library was 25000. The total fees of 2nd year is 12,04,000. In which hostels are around 2,48,000, internet is 75000. Library is 90000.medical is 15000 and alumni membership is 10000. This few structure is same for everyone studying the PGDM course.
...Read More
Dhairya Goel
4.6Helpful
Reviewed on Feb 7, 2024(Enrolled 2022)

Fees and Financial Aid:

Fees are comparable with the top B-Schools in the country. The hostel and mess expenses are justified with the services offered. Scholarships are also provided to students with weak financial backgrounds. The college offers great placement opportunities with.a vast network of Alumni and Industry leaders. The average final package of the college stays around 20 LPA.
...Read More
Pujan Kumar Patel
4.0
Reviewed on Feb 5, 2024(Enrolled 2022)

Fees and Financial Aid:

The annual fee is 60000. There are opportunities for scholarship. Scholarships are given on the basis of performance as well as diversity. Scholarships are provided in both years of the curriculum. The process involves applying and interviews.
...Read More
Sidhanth R
4.0Helpful
Reviewed on Jan 16, 2024(Enrolled 2022)

Fees and Financial Aid:

The fee is 22 lakh for 2 years with it being hiked slightly every year. There is a scholarship for students who do well academically and for those who need economic backing. The average stipend for summer interns range between 80K-1 Lakh INR per month.
...Read More
Rajvi Doshi
4.5Helpful
Reviewed on Jan 13, 2022(Enrolled 2021)

Fees and Financial Aid:

When it comes to the expenses for the PGDM programme, students have some reservations. A total of more than 10.5 lakh rupees must be paid every year. As a result, our course price will be between 21 and 22 lakh rupees. However, students can apply for particular scholarship opportunities. The scholarship is awarded on the basis of academic achievement and family income. Depending on your financial situation, you may be eligible for a fee reduction of 25% to 30%.
...Read More
Divij Jhunjhunwala
4.0Helpful
Reviewed on May 10, 2021(Enrolled 2020)

Fees and Financial Aid:

The fees which include, the campus boarding and lodging and other costs, are fairly expensive (21 lakhs). But, the campus and infrastructure provided make up for it. Scholarship and financial assistance are available, although hardly anyone applies for it since student loans are so readily available. In the lockdown scenario when college campuses were closed, the college also lowered its fees to the extent of 2.5 lakhs for its students. Therefore, although the fees are little expensive college facilities definitely make up for it.
...Read More
Siddharth Balakrishnan Nair
4.4Helpful
Reviewed on Apr 26, 2021(Enrolled 2019)

Fees and Financial Aid:

The fees hike policy in recent times I believe is uncalled for where there has been an increase of about 1.5L this year. 20L seems worth it, but beyond seems a bit unnecessary. The job I got from placements was here at Collegedunia.com as a Business Development - Young leaders role. There is also good opportunities for scholarships once you are a student.
...Read More
Sneha Aggrawal
4.7Helpful
Reviewed on Apr 2, 2021(Enrolled 2018)

Fees and Financial Aid:

The fee is 21 lakhs. It includes tution as well as hostel fees. In my opinion, it is towards a higher side. Loans upto 20 lakhs can easily be obtained mortgage-free. Scholarships are given to a certain number of students(20-25). The criteria for the same is academic and class attendance as well as annual income less than 10 lakhs.
...Read More
Dheeraj Kalra
4.3Helpful
Reviewed on Mar 21, 2021(Enrolled 2019)

Fees and Financial Aid:

The fees are Rs.21 lakhs and are inclusive of residential fees. Mortgage-free loans can be obtained from a range of banks including Bank of Baroda, Axis Bank etc. Scholarships are offered on basis of academic performance, attendance and annual family income.
...Read More

Do you think the data is wrong ?  Report Here

MICA Latest News

Discover More Colleges

IIM Ahmedabad
MBA/PGDM
IIM Ahmedabad
Manekbag, Ahmedabad
4.6(59)
₹2750000Total Fees
Institute of Management, Nirma University Ahmedabad
BBA/BMS
Institute of Management, Nirma University Ahmedabad
Ahmedabad
4.2(473)
₹404000First year Fees
Narayana Business School Ahmedabad
MBA/PGDM
Narayana Business School Ahmedabad
Ahmedabad
4.2(46)
₹985000Total Fees
GLS University Ahmedabad
BBA/BMS
GLS University Ahmedabad
Ahmedabad
4(270)
₹560000Total Fees
B K School of Business Management Ahmedabad
MBA/PGDM
B K School of Business Management Ahmedabad
Ahmedabad
3.9(34)
₹40000First year Fees
SKIPS School of Business
MBA/PGDM
SKIPS School of Business
Ahmedabad
4.2(32)
₹625500Total Fees

Comments


No Comments To Show
Write a Review & Win Monthly Prizes upto ₹100000*
Extra Cash for Selected Colleges
Winners Will Get
prices
prices
prices
prices
Top Courses
PGDM
Course Duration:  2 Years
₹2800000  Total Fees
Full Time
FPM
Course Duration:  4 Years
Full Time
PGDM Communication
Course Duration:  2 Years
₹2800000  Total Fees
Full Time
Other Colleges in the Same Group
MICA Online Ahmedabad
Ahmedabad, Gujarat
MICA Online Ahmedabad
Department
MICA Online Ahmedabad
Ahmedabad, Gujarat
MICA Online Ahmedabad
Faculties
Amit Karamchandani
Assistant Professor
Ruchi Tewari
Associate Professor
Anita Basalingappa
Professor, Chairperson - Online Programmes
Learn More About Courses
Student Also Visited
IIM Raipur
4(70 Reviews)
Executive MBA - Master of Business Administration
725000 First year Fees
IIM Raipur
TAPMI Manipal
4.2(130 Reviews)
BBA/BMS - Bachelor of Business Administration
590000 First year Fees
TAPMI Manipal
FORE School of Management
3.7(136 Reviews)
MBA/PGDM - Master of Business Administration
2347000 Total Fees
FORE School of Management
SCMHRD
4(127 Reviews)
MBA/PGDM - Master of Business Administration
1563100 First year Fees
SCMHRD
IIM Udaipur
4.3(57 Reviews)
MBA/PGDM - Master of Business Administration
1188465 First year Fees
IIM Udaipur
VGSOM
4.4(22 Reviews)
M.Phil/Ph.D in Management
50000 First year Fees
VGSOM
IIM Visakhapatnam
4.5(67 Reviews)
Executive MBA - Master of Business Administration
590000 First year Fees
IIM Visakhapatnam
GLIM Chennai
4.3(67 Reviews)
MBA/PGDM - Master of Business Administration
2350000 Total Fees
GLIM Chennai
JBIMS Mumbai
4.2(39 Reviews)
MBA/PGDM - Master of Business Administration
700000 Total Fees
JBIMS Mumbai
SPJIMR
4.2(45 Reviews)
Graduate Certificate in Management
2500000 Total Fees
SPJIMR
Institute of Management, Nirma University Ahmedabad
4.2(473 Reviews)
BBA/BMS - Bachelor of Business Administration
404000 First year Fees
Institute of Management, Nirma University Ahmedabad
Department of Business Economics, Delhi University
4.1(34 Reviews)
BBA/BMS - Bachelor of Business Administration
50420 First year Fees
Department of Business Economics, Delhi University
"Tribhuvan" Sahkari University
3.5(67 Reviews)
MBA/PGDM - Master of Business Administration
1064508 First year Fees
"Tribhuvan" Sahkari University
XIMB
4.1(84 Reviews)
MBA/PGDM - Master of Business Administration
1510000 First year Fees
XIMB
IMI Delhi
4.1(174 Reviews)
M.Phil/Ph.D in Management
270000 First year Fees
IMI Delhi
IIM Bodh Gaya
4.1(108 Reviews)
MBA/PGDM - Master of Business Administration
928000 First year Fees
IIM Bodh Gaya