Mba Online Scholarship

Mba Online Scholarship – MBA is considered the old war horse of business. Done right, it opens the door to opportunities that can help you climb the ladder of success. It’s not just about holding a master’s degree; But the recognition and brand value associated with it plays a big role. However, it can affect your expenses. How big is the lump? ok It depends on one’s financial situation. But most MBA candidates will agree that it is most likely on the expensive side. So how do you all manage your finances? Which brings us to the main idea of ​​the article – the best scholarship opportunities for MBA applicants.

Planning in financial management; budgeting; including distribution and final use. At the heart of each step is planning and careful execution. Budgeting varies from person to person, but the former can help eliminate the zeroes at the end of your final budget amount. One of the important ways you can limit the amount of money you spend is to find the right financial support in the form of scholarships. Yes, people We found our elixir. Unlike supermarket discounts, You can take one or two of these scholarships to get the best possible deal.

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“It is the institution’s endeavor that no student is denied the opportunity to pursue two-year postgraduate programs due to lack of adequate financial resources,” the IIMs said in a statement. This set a precedent for the rest of the B-schools across the country to come up with their own ways to support students. Let alone these colleges; Many banks and companies have come forward to take the financial burden off our shoulders by introducing many scholarships.

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Need-based scholarships are usually offered by the government. Banks or institutes help their students in financial difficulties. usually The amount of the scholarship depends on the annual family income; It is determined based on various criteria such as assets and number of dependents in the family.

For example, IIM Bangalore welcomes students whose annual household income falls below INR 8, 00, 000 for this financial assistance. Students with financial difficulties due to sudden and unforeseen circumstances are also eligible to apply.

IIMB’s Financial Aid Committee conducts a two-step process to determine the number of awardees and the grant amount. In the first step, students are scored on financial status based on four criteria – annual household income (including the student’s income if employed before joining IIMB, if there are outstanding loans, if they are not evidently spent); household savings; Real estate assets and other assets. Based on this score, selected students are invited to a personal interaction with a panel of professors.

During these interactions, Faculty panels assess the student’s financial need, determine the authenticity of the details provided in the application and assign a financial need score. Based on these scores, applicants receive 20%, 40%, 60%, 80% or 100% financial aid.

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The most important thing here is to find the scholarships offered by the various business schools you are interested in by visiting their official website.

Banks and governments offer the basic scholarships you need when you get into a prestigious university. Some of them are:

This is a basic scholarship of INR 2, 00, 000 required for a two-year full-time MBA program. Students who get admission into B-schools are awarded according to their academic merit. In addition, the family income must be less than 6 lakh per year.

This scholarship is awarded to people with disabilities of at least 40 percent of their body parts. Individuals must have a disability certificate issued by a competent medical authority. The scholarship awarded is INR 2, 55,000 per year.

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This scholarship is awarded by the PGP to an ineligible female student (or a different number of eligible female students per ineligible female student). It preserves the memory of the PGP party from 1976 and their association with their organization. The scholarship is worth a bag of INR 75000; Comes with a medal and a certificate.

If you dig deep enough, You will find that there are as many merit-based scholarships as there are stars in the sky. The more you look, The more you see. There are many sub-categories in this particular type of scholarship. Scholarships are available when you start; During and at the end of the course; Job selection section after graduation; Based on the desire to be an entrepreneur and various other parameters, it is valid at the end of the course. Listed below are the common scholarships that are out there.

The prestigious merit-based scholarship for MBA is awarded to PGP students from selected colleges. Applies to first and second year students. Scholarship students awarded in the first year are eligible to apply for renewal in the second year. This is where they belong to the top 25% of the batch in the first year. The scholarship is INR 1.75 lakh per student.

This merit-based scholarship for MBA is awarded to PGP students in their second year. In the first year, based on the performance of the academic year, the first ten are eligible to apply in the second year. After this an examination will be conducted by OP Jindal Group and one student from each academic year will be awarded. The scholarship is INR 1.50 lakh.

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This is a great scholarship for MBA that covers the second year tuition fees. Selected students are in the top 25% of the batch at the end of the first year. The designation is made by the institute. Students are selected based on their statement of intent and follow-up interviews arranged by Citi Group.

This is a moderate scholarship for MBA that covers the entire tuition fee. Candidates are selected from the most desirable applicant pool in the first year and follow-up interviews are conducted.

This scholarship is awarded to a PGP student who is on the Director’s merit list. In addition, In the first year, students study economics, Must have achieved the highest CGPA in Finance and Accounting major courses. A cash prize of INR 50,000; Comes with a medal and a certificate.

This benefit scholarship is awarded by Hindustan Unilever Limited to a PGP second year student of INR 1 lakh;

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This scholarship of INR 2 lakh is open to students from the top 20% of the batch who are members of at least one student committee based on their CGPA at that time.

This scholarship is awarded to a PGP student based on 1st year academic performance and the student’s financial need. The scholarship is a bag of INR 100000; Comes with a medal and a certificate.

Ministry of Ethnic Affairs Government of India invites applications for National Higher Education Scholarship for Scheduled Tribe students in the first year of PGP. This is a mid-level scholarship that covers tuition fees in full.

This scholarship reimburses the recipient one-third of the fee at the end of each year of work for the first three years in the social sector.

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This scholarship is INR 48,000 per year. Students belonging to SC/ST/PwD categories are eligible for this scholarship in their second year of management course after passing the first year examination in one sitting.

Ministry of Social Justice and Empowerment of India is inviting applications for Meritorious SC Students PGP First Year Scheduled Caste Students in Higher Education with full tuition fee coverage.

In addition to the scholarships listed above, students may also apply for other state government scholarships through the Office of Financial Aid and Scholarships.

Doing adequate research and maintaining a research paper will ensure that there is no mistake in the admission process. Therefore, take some time to make a plan; It is always recommended to search the websites of various institutions including banks and then decide how to proceed. boys The bottom line of all this is to prepare and crack the exam. I suggest you attack the exam first as you will have ample time to explore the financial section after completing CAT.

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You don’t have to be perfect to get the job done. But you can choose to pursue it and pursue excellence. All the best for your preparation. – Hitesh

To learn more about the intricacies of financing your MBA, Watch our video explaining the same in detail. We and our partners use cookies to store and/or retrieve information on a device. We and our partners may use personalized advertising and content; measuring ads and content; Data is used for audience insights and product development. An example of processed data may be a specific identifier stored in a cookie.

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