I want to get MBA degree from IIM ahmedabad but I heard that it's fees is near 22 lakh. Is there any scholarship for me to study in IIM?

Dear Ali,   IIM Ahmedabad is one of the top IIMs and so their fees too is high. IIM Ahmedabad has a Need Based Scholarship scheme to complement various scholarships provided by the Industry and Government. Thr scholarship amount is dependant on various factors such as gross annual income, ownership of assets and no.of dependants in the family. The applications are invited every year in July/August. Many commercial and financial institutions provide bank loans as well. To get into IIM Ahmedabad, this should be your route:



CAT SECTIONAL WEIGHTAGE:



QA         DLR         VARC          Overall

General:                   70          70              70                 80

NC-OBC/Trans:      65           65             65                 75

SC:                            60          60             60                 70

ST:                            50         50             50                   60

PwD-UR,OBC,SC: 60           60            60                   70

PwD: ST:                50            50            50                  60



10th Rating:



Percent score           Rating Score



<= 55                                     1



> 55 and <= 60                    2



> 60 and <= 70                    3



> 70 and <= 80                   5



> 80 and <= 90                   8



> 90                                     10



The same rating score is used for 12th Science /Commerce Streams.



Work Experience in Months as on July:  Rating Score



< 12 months                                                           0



>= 12 and <= 36 months MF * (number of months of work experience  11)



> 36 months                                                           5



Work-experience Multiplication Factor (MF) = 0.20



Minimum cut offs for Average percent of marks scores:





Stream in 12th   UR   NC- OBC/Trans  SC   ST   PWD  PWD ST



Commerce          77             72                 67   62      67       62



From each Academic sectors top 5% from each stream and each Category will be short listed. It might look like:





Category                                          Upper Limit



General                                                   100



NC-OBC-cum-transgender                   57



SC                                                             32



ST                                                             16



PwD                                                           6



After shortlisting the Candidates, the selected Candidates will have to go through WAT and PI rounds. Selection at this stage will strictly be based on the shortlisting of the candidates done separately for each Category ) on the basis of their Final Composite Score. . The numbers selected in different reservation categories will be in proportions mandated by law.



Personal Interview Multiplication Factor (PIF) = 0.50



AWT Multiplication Factor (AWTF) = 0.10



CAT Score Multiplication Factor for Final Composite Score (CATF_FCS) = 0.25



Application Rating Multiplication Factor for Final Composite Score (ARF_FCS) = 0.15





After the AWT & PI round, admission offers are made by IIMA to successful candidates. The final selection is based on a diverse set of attributes which includes performance in CAT, performance in AWT & PI, academic, co-curricular and extra-curricular achievements, work experience, etc.

Hello Ali

There are lots of education scholarships for students who have good academic records for example IIMA special need based scholarships,industry scholarships etc.as fees for top MBA colleges is very high.you need good percentages in your college,12th and 10th so that you can get benefit of 15% while admission.in B.com 60% is necessary atleast.

I hope it helps