Overview of Scholarship Programs
Idyllic Institute of Management is committed to making quality education accessible to all students regardless of their financial background. The school offers a wide range of scholarship programs designed to support academic excellence, financial need, and special achievements.
Institute-Wide Scholarships
The following scholarships are available to all students based on merit or financial need:
MCM (Merit Cum Means) Scholarship
This scholarship is awarded to students who demonstrate exceptional academic performance and financial need. The scholarship covers up to 100% of tuition fees for the duration of the program.
- Eligibility: Students with a minimum CGPA of 8.5 and family income below ₹4 lakhs per annum
- Amount: Up to ₹2,00,000 per semester
- Application Process: Based on academic records and financial documentation
President’s Scholarship
This scholarship is awarded annually to the top-performing student in each department. It covers full tuition fees for two years.
- Eligibility: Top performer in the department (based on CGPA)
- Amount: ₹4,00,000 per year
- Application Process: Automatic based on academic performance
Women’s Excellence Scholarship
This scholarship supports female students who excel academically and demonstrate leadership potential. It provides full coverage of tuition fees and hostel charges.
- Eligibility: Female students with a CGPA of 9.0 or higher
- Amount: ₹6,00,000 per year
- Application Process: Application required with supporting documents
Donor/Alumni Scholarships
The following donor and alumni scholarships are specifically available to students in various departments:
Rajiv Gandhi Memorial Scholarship
Named after the former Prime Minister of India, this scholarship is awarded to students from underprivileged backgrounds who show exceptional promise in management studies.
- Eligibility: Students from reserved categories with a CGPA of 8.0 or higher
- Amount: ₹1,50,000 per semester
- Application Process: Application required with caste certificate and income proof
Shanti Seth Scholarship
This scholarship honors the legacy of a prominent business leader and is awarded to students who have demonstrated outstanding leadership qualities.
- Eligibility: Students with strong leadership experience and academic excellence
- Amount: ₹2,00,000 per semester
- Application Process: Application required with recommendation letters
Global Leaders Foundation Scholarship
This scholarship supports students interested in pursuing international opportunities. It provides funding for study abroad programs and global internships.
- Eligibility: Students planning to pursue global education or internship opportunities
- Amount: ₹5,00,000 per semester
- Application Process: Application required with study plan and recommendation letters
Sustainable Future Initiative Scholarship
This scholarship is awarded to students who show interest in sustainability and environmental issues. It supports research projects related to sustainable development.
- Eligibility: Students working on sustainability-related projects or research
- Amount: ₹1,00,000 per semester
- Application Process: Application required with project proposal and supervisor approval
Entrepreneurship Excellence Scholarship
This scholarship supports students who demonstrate entrepreneurial potential. It provides funding for startup projects and incubation programs.
- Eligibility: Students with innovative business ideas or existing startups
- Amount: ₹2,50,000 per semester
- Application Process: Application required with business plan and mentor recommendation
External Government Scholarships
The following government-sponsored scholarships are available to students at IIM:
Scholarship for Empowerment of Women (SEW)
This scholarship is offered by the Ministry of Women and Child Development for female students pursuing higher education.
- Eligibility: Female students with family income below ₹4 lakhs per annum
- Amount: ₹25,000 per month
- Application Process: Application through government portal or school office
Scholarship for Economically Backward Classes (SEBC)
This scholarship is designed for students from economically backward classes and provides financial assistance for higher education.
- Eligibility: Students from SC/ST/OBC categories with family income below ₹4 lakhs per annum
- Amount: ₹20,000 per month
- Application Process: Application through government portal or school office
Pradhan Mantri Scholarship (PMSS)
This scholarship is offered by the Prime Minister's Office for meritorious students from low-income families.
- Eligibility: Students with family income below ₹1 lakh per annum and CGPA above 8.0
- Amount: ₹25,000 per month
- Application Process: Application through government portal or school office
Corporate Scholarships
The following corporate scholarships are available to students based on industry partnerships:
Infosys Foundation Scholarship
This scholarship is offered by Infosys for students pursuing technical and management education.
- Eligibility: Students with a CGPA of 8.5 or higher
- Amount: ₹1,00,000 per semester
- Application Process: Application through Infosys portal or school office
Tata Trusts Scholarship
This scholarship is awarded by Tata Trusts for students from underprivileged backgrounds.
- Eligibility: Students with family income below ₹4 lakhs per annum
- Amount: ₹1,50,000 per semester
- Application Process: Application through Tata Trusts portal or school office
Wipro Excellence Scholarship
This scholarship supports students who have shown exceptional academic performance and leadership potential.
- Eligibility: Students with a CGPA of 9.0 or higher
- Amount: ₹2,00,000 per semester
- Application Process: Application through Wipro portal or school office
Application Process for Scholarships
All scholarship applications must be submitted through the official website of Idyllic Institute of Management. The application process involves the following steps:
- Fill out the online application form with personal details and academic records
- Upload supporting documents including mark sheets, income certificates, and recommendation letters
- Submit the application before the deadline specified for each scholarship
- Wait for review by the scholarship committee and receive notification of results
Required Documents
- Academic transcripts or mark sheets
- Income certificate from parents/guardians
- Caste certificate (if applicable)
- Recommendation letters from teachers or mentors
- Statement of purpose outlining goals and achievements
- Project proposal (for research-related scholarships)
Selection Criteria
Scholarships are awarded based on a combination of factors including academic excellence, financial need, leadership potential, and community involvement. Each scholarship has specific criteria that applicants must meet to be considered for selection.
Success Stories
Several students have benefited from the scholarship programs at IIM, successfully completing their education and achieving remarkable career outcomes:
- Arjun Mehta – MCM Scholarship recipient who now works as a senior consultant at McKinsey & Company
- Simran Singh – Women’s Excellence Scholarship recipient who founded a sustainable fashion startup
- Rahul Sharma – Rajiv Gandhi Memorial Scholarship recipient who pursued an MBA abroad and joined Google
These success stories highlight the transformative impact of scholarship support on students' lives and careers.