Scholarships, Full Time Post Graduate Programme in Management

Scholarships For 2009-10

Each year the ISB awards several scholarships, in the form of fee remission, to outstanding candidates. These scholarships vary in amounts and include some full scholarships. Scholarships are both need and merit based. Recipients are selected on the basis of exceptional academic and professional performance, as well as personal qualities such as leadership, integrity, and community service.

As an admitted student, you will be automatically considered for these awards and will be notified of any decision at the time of admission. The ISB will award approximately 100 scholarships ranging between INR 1,00,000 to 3,50,000.

The ISB also partners with several corporates to provide scholarships during the course of the academic year. Citibank, HSBC and Novartis Group offer scholarships up to INR 11,00,000. Application criteria and selection procedures vary for each of these.

Below is a summary of the School, Company and external scholarships that are available to students.

Name of Scholarship	Amount	No.	Criteria	Selection Process	Application dates
Citigroup	USD 12,500	4 to 6*	Merit based** - A consistently exceptional academic record - Outstanding performance on the GMAT entrance examination - A consistent and significant record of contribution to society and general all-round achievement - Work experience that reflects strong potential for business and management leadership	An essay followed by an interview for short-listed candidates.	May-June
Novartis	INR 4,00,000	3	Merit and need based.** (For women who have completed their schooling from non 'A' class towns only. No interview included as a part of the process).	Eligible profiles to be forwarded by the Admissions Office to Novartis and they will in turn choose the candidates. No interview involved.	Not applicable
Sierra Atlantic	INR 2,00,000	1	Need based. Those with less than two lakh income are eligible.	A formal application along with proof of income and short-listing/selection by Sierra Atlantic	December
Ambit	INR 3,00,000	1	Qualified CAs or Engineering graduates from IIT/BITS/NIT/VJTI or equivalent and/ or with work experience in the Financial Services Sector and a minimum GMATscore of 720.	A formal application and short-listing/ selection by Ambit	September
Tata Motors	INR 3,00,000	3	Engineering graduates with 3-6 years of prior work experience in sectors such as Mfg/FMCG/Consumer Durables/Oil & Energy. GMAT score of 700 and above. Consistent and strong academic record.	A formal application followed by short-listing/ selection process.	August
Nurture India	INR 400,000	1	Need Based - Awarded along with the Admission Offer	Granted to an admitted applicant who is the sole bread earner of his/her family and has dependant parent/siblings without any or little income.	Not applicable

International Scholarships

Name of Scholarship	Amount	No.	Criteria	Selection Process	Application dates
ISB – AIESEC Scholarship	75% of the tuition fee	3	Non-Indian passport holders. Members & Alumni of AIESEC. Merit based. (Applicants of Indian origin are not eligible.)	An essay followed by short-listing/selection process	Along with admission application
International Diversity Scholarship	USD 5,000 - 10,000	NA	Non-Indian passport holders. Merit based. (Applicants of Indian origin are not eligible.)	A formal application followed by short-listing/selection process.	Along with admission application

(* To be decided by the selection committee)

** Application process and interview(s) by the donor.

If a student receives a scholarship, the ISB/Banks (in case of student having taken an educational loan) will be the primary recipient of the funding awarded, until the course cost/loan is covered. Any scholarship amount above and beyond this will be passed on to the student.
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