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 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. This year, the ISB will award scholarships of either INR 5,00,000 or INR 10,00,000 to 110 deserving candidates.
Additionally, the ISB also partners with several corporates to provide scholarships during the course of the academic year. Citibank and Novartis Group offer scholarships up to INR 6,00,000. Application criteria and selection procedures vary for each of these.
India Global Scholarship
On the eve of its tenth anniversary celebrations, ISB announces the India Global Scholarship. Ten scholarships will be offered to applicants from ten different international geographic areas.
Details of the scholarship:
School, Company and external scholarships
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 |
|---|---|---|---|---|---|
| AIESEC-ISB Scholarship | INR 5 Lakhs | 3 | Merit based. Only AISEC alumni are eligible | Application, shortlist and personal interview | May-June |
| PGPMAX Class of 2012 Scholarship | INR 4,00,000 | 1 | Applicable for PGP 2014 -15.Need based. Only those with a family income of < INR 10 lakhs per annum will be eligible. | Application, Shortlist and Personal Interview | May, 2014 |
| Societe Genarale | Full Tuition | 2 | Need based. Only those with a family income of < INR 5 lakhs per annum will be eligible. | Application, Shortlist and Personal Interview | May |
| Alumni Endowment fund Diversity scholarship | 4 lakhs | 1 |
Need based. Only those with a CTC < INR 10 lakhs per annum will be eligible. Open to students from the following sectors and academic background: |
Application, Shortlist and Personal Interview | Admission deadlines |
| Class of 2011 Scholarship | 4 lakhs | 1 | Need and Merit based. Only those with a family income of < INR 10 lakhs per annum will be eligible. | Application, Shortlist and Personal Interview | May |
| Novartis | INR 4,00,000 | 3 |
Merit and need based.** |
Eligible profiles to be forwarded by the Admissions Office to Novartis and they will in turn choose the candidates. No interview involved. | Not applicable |
| The Phoenix Fund - Nurture India Scholarship | INR 500,000 | 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 |
GMAT Test Centre Scholarships
| NAME OF SCHOLARSHIP | AMOUNT | NO. | CRITERIA | SELECTION PROCESS | APPLICATION DATES |
|---|---|---|---|---|---|
| Manhattan Review Scholarship | INR 1,00,000 | 5 | GMAT Student of Manhattan Review | Applications need to be made to Manhattan in Hyderabad /Bangalore along with a copy of the formal ISB offer, Manhattan Review Receipt and the ISB ID card. | Not Applicable |
| MANYA – ISB Scholarships | INR 1,00,000 INR 50,000 |
1 1 |
GMAT Student of MEPL | Applications need to be made to MEPL along with a copy of the formal ISB offer, Fee Receipt and the ISB ID card. | Not Applicable |
| Jamboree India-Talent Promotion Award | INR 1,00,000 |
1 to 5 | Need and merit based - awarded to students of Jamboree Education Pvt Ltd | A formal application with proof of income (ITR receipts of applicant and applicant's and Jamboree India receipt, followed by a shortlisting / selection process | Along with admission application |
International Scholarships
| NAME OF SCHOLARSHIP | AMOUNT | NO. | CRITERIA | SELECTION PROCESS | APPLICATION DATES |
|---|---|---|---|---|---|
| ISB – AIESEC Scholarship | INR 1 million | 2 | Non-Indian passport holders. Should be an Alumni of AIESEC. (Applicants of Indian origin are not eligible) |
Overall merit and an essay followed by short-listing/selection process |
To be submitted along with admission application |
| India Global Scholarship | INR 0.5 million to 1 million | 10 | Non-Indian passport holders. (Applicants of Indian origin are not eligible) | Overall merit and Essay | To be submitted along with admission application |
| Bridge to India Scholarship | INR 0.5 to 1 million | 3 | Non-Indian passport holders of Indian origin (by birth, parentage or origin). Other criteria as decided by admissions committee. | Overall merit and essay | To be submitted along with admission application |
| ISB Geographic Scholarship | INR 0.3 to 1.5 million | 10 | Specific to North America, Latin America, Western Europe, Eastern Europe, China, South East Asia, Far East Asia, Australia, SAARC countries and Africa. Non-Indian passport holders. (Applicants of Indian origin are not eligible) | Merit and Essay | To be submitted along with admission application |
| La Caixa and Casa Asia Scholarship | Total expenditure | three to five | Applicant must be a Spanish Citizen and should have studied in any of the faculties or higher education institution of a Spanish University.
The Bachelor’s degree must not be less than 4 years and should be in Management / Business Administration, Engineering or Architecture. |
Click here | To be submitted by August 31, 2012 |
| Talentia Scholarship | Total expenditure | Varies every year | Non-Indian passport holders. Alumni of AIESEC. Merit based. (Applicants of Indian origin are not eligible) | Applicants should be of Andalusian origin in Spain and as decided by Becas Talentia. The awarded student should agree to continue further career for four years with Andalusia within 24 months from completing the ISB PGP. | As prescribed by Sociedad Para El Impulso Del Talento, Talentia S.L.U Click here |
| IBF Scholarship | 70% of the cost | Varies every year | Applicants for this scholarship must be supported and nominated by their respective companies, and the grant will then be disbursed to the company in support of its efforts to develop the company’s staff. Do note that successful applicants are bonded to work with for their respective companies for two years upon graduation and must undertake work related to the market where they have studied.
The candidates are required to: • Be Singapore citizens |
As prescribed by International Enterprise (IE), Singapore | To be submitted by October 30. |
| Top Asia Business School(TABS) Scholarship | 15000 USD from ISB | 1 | Attendees of any of the TABS pre-fair panels in the fall WMBA Tour are eligible to apply. | Those who are admitted into the MBA program offered by one of the schools, will be automatically considered for this scholarship. | Each school will select one top admitted candidate from this group to be awarded with a merit-based scholarship worth USD 15,000 |
The ISB has introduced a tuition scholarship for international passport holders for the Post Graduate Programme in Management, Class of April 2010-2011. Scholarships ranging from USD 6,000 – USD 20,000 (the total cost of the programme is USD 42,255) will be awarded. A total of ten scholarships have been instituted. Candidates demonstrating merit, professionalism, and a valid reason for choosing India as a destination for education will be awarded with these scholarships. This scholarship is exclusively for applicants of non-Indian origin.
In addition to this, ISB has also instituted an ISB-AIESEC Scholarship, which includes two scholarships of 10,00,000 INR for AIESEC alumni. These scholarships will be based on merit and need for international AIESEC alumni of non Indian origin.
The scholarship and application deadline is January, 2012. Applications for scholarships will be reviewed and awarded by February, 2012. These scholarships are exclusively for applicants of non-Indian origin.
(* To be decided by the selection committee)
** Application process and interview(s) by the donor.
