Overview of Scholarships

Al Barkaat Institute of Management Studies is committed to ensuring that deserving students from all backgrounds have access to quality education. The institute offers a comprehensive range of scholarships designed to support academic excellence, financial need, and special talents:

• Institute-wide merit-based scholarships
• Need-based financial assistance programs
• Corporate-sponsored awards
• Alumni-initiated scholarships
• Government-funded initiatives

Institute-Wide Scholarships

The institute provides several merit-based scholarships for outstanding students:

• MCM Scholarship (Merit Cum Means): Awarded to students with exceptional academic performance and financial need. The scholarship covers up to 70% of tuition fees.
• President's Scholarship: Recognizes students who have demonstrated leadership, community service, and academic excellence. Covers full tuition fees for one year.
• Dean's Excellence Award: Given annually to top-performing students in each specialization track. Provides a cash prize of INR 50,000.

Alumni Scholarships

Several alumni have established scholarships specifically for students at ABIMS:

• Rajiv Gandhi Excellence Scholarship: Funded by the Rajiv Gandhi Foundation, this scholarship supports students pursuing research in sustainable development and social entrepreneurship.
• Suresh Reddy Memorial Fellowship: Named after a distinguished alumnus, this fellowship supports students with exceptional leadership qualities and community involvement.
• Dr. Anjali Mehta Leadership Award: Established by an alumnus who worked in marketing at top-tier companies, this award supports students interested in entrepreneurship and innovation.
• Priya Patel Foundation Scholarship: This scholarship funds students from underprivileged backgrounds with a focus on HR and organizational development.

Government Scholarships

Students can also apply for various government scholarships available through national and state-level initiatives:

• Scholarship for Higher Education (SHE): A centrally funded program supporting students from SC/ST categories. Covers full tuition fees and provides a monthly stipend of INR 2,000.
• National Means-Cum-Merit Scholarship (NMMS): Designed for meritorious students from low-income families, offering financial assistance and educational support.
• Post-Matric Scholarship: Available for students in the 12th standard from economically weaker sections, providing up to INR 2,000 per month.
• University Grants Commission (UGC) Scholarships: Offered to students pursuing higher studies with a focus on research and innovation.

Corporate Scholarships

ABIMS has partnerships with several corporations that provide scholarships for students:

• Google India Scholarship: Supports students interested in technology and data analytics. Covers tuition fees and provides mentorship opportunities.
• Microsoft Learn Student Ambassador Program: Provides access to training resources, internships, and scholarships for students with strong technical skills.
• Amazon Leadership Development Program: Offers scholarships for students interested in business strategy and digital transformation.
• Deloitte Global Scholarship: Supports students pursuing careers in consulting and professional services. Includes internships and networking opportunities.

Donor Scholarships

Several donors have established specific scholarships at ABIMS:

• Sharma Family Foundation Award: Named after a prominent donor, this award supports students from economically disadvantaged families.
• Kumar Memorial Scholarship: Established by a family foundation to encourage excellence in finance and investment management.
• Mehta Women Empowerment Initiative: Supports female students pursuing leadership roles in business and entrepreneurship.
• Rajesh Reddy Innovation Fellowship: Encourages innovation and research among students with entrepreneurial aspirations.

Application Process

The scholarship application process at ABIMS is designed to be simple and accessible:

1. Eligibility Check: Students must meet the criteria specified for each scholarship program.
2. Documentation: Required documents include academic transcripts, income certificates, recommendation letters, and personal statements.
3. Online Submission: Applications are submitted through the institute's portal with clear instructions provided on each scholarship page.
4. Review Process: Applications are reviewed by a panel of faculty members and administrators based on merit and need.
5. Award Notification: Successful applicants are notified via email and official letters.

Scholarship Benefits

Receiving a scholarship from ABIMS offers several benefits:

• Financial relief for educational expenses
• Recognition of academic excellence or special talents
• Mentorship opportunities with faculty and alumni
• Networking with industry professionals
• Access to exclusive workshops and events

Specialized Scholarships

In addition to general scholarships, ABIMS offers specialized programs for specific interests:

• Entrepreneurship Fellowship: Supports students interested in launching startups with access to incubation centers and funding.
• Research Excellence Award: For students pursuing research projects under faculty guidance.
• Sustainability Leadership Program: Encourages sustainable business practices and environmental stewardship.
• Digital Innovation Scholarship: For students focusing on emerging technologies in business.

Renewal Criteria

Most scholarships are renewable based on performance criteria:

• Academic standing (minimum CGPA of 7.0)
• Participation in extracurricular activities
• Community service contributions
• Leadership roles in student organizations

Support Services

Students receiving scholarships are provided with additional support services:

• Mentorship from faculty members
• Career guidance and placement assistance
• Access to research opportunities and internships
• Financial literacy workshops
• Networking events with alumni and industry professionals

Future Scholarship Initiatives

ABIMS continues to explore new scholarship opportunities:

• Collaboration with international universities for exchange programs
• Development of new donor-funded scholarships
• Expansion of government partnership schemes
• Creation of merit-based awards in emerging fields