Scholarships

Icmai University Jaipur is committed to making quality education accessible to all deserving students by offering a wide range of scholarships. These financial aids are designed to support students based on merit, need, and other criteria. The university's scholarship program includes both institute-wide initiatives and external funding opportunities that cater to diverse student needs.

Institute-Wide Scholarships

The university offers several merit-based and need-based scholarships to ensure financial accessibility for all students:

• MCM Scholarship (Merit Cum Means): Awarded based on academic performance and family income. Students scoring above 85% in their qualifying exams and belonging to economically weaker sections are eligible.
• ICAI Merit Scholarship: Designed for students who have cleared the CMA exam or achieved high scores in relevant courses. This scholarship supports continuing students with a monthly stipend of ₹2,000.
• University Excellence Award: Recognizes outstanding students in academics, research, and extracurricular activities. The award includes a cash prize of ₹50,000 and a certificate of recognition.
• Women Empowerment Scholarship: A special scholarship for female students pursuing finance-related programs. It covers tuition fees and provides an annual allowance of ₹10,000.
• Disability Support Scholarship: Provides financial assistance to students with disabilities to cover educational and personal expenses. The amount varies based on individual needs.

Alumni & Donor Scholarships

The university also benefits from generous support from its alumni and donors who have established scholarships specifically for students in finance, accounting, and business management:

• Dr. Ramesh Patel Memorial Scholarship: Named after a distinguished faculty member, this scholarship supports financially challenged students with a monthly stipend of ₹3,000.
• Anjali Verma Foundation Fellowship: Offers full scholarships to students excelling in ESG reporting and sustainable finance. Recipients receive up to ₹1,50,000 annually for three years.
• ICAI Alumni Association Scholarship: Aims to encourage students who aspire to become chartered accountants. The scholarship covers tuition fees and provides a living allowance of ₹2,500 per month.
• Suresh Kumar Research Grant: Supports research projects in fintech and financial innovation. Recipients receive up to ₹75,000 for their project work.
• Deepak Agarwal Memorial Award: Recognizes students who demonstrate exceptional performance in behavioral finance and corporate governance. The award includes a cash prize of ₹30,000.
• Nisha Mehta Entrepreneurship Grant: Designed for students interested in launching startups in the financial sector. The grant provides up to ₹50,000 for business development.
• Swati Singh Taxation Excellence Scholarship: Supports students pursuing excellence in taxation and compliance. Recipients receive a monthly allowance of ₹2,000 for two years.
• Priya Sharma Innovation Fellowship: Encourages innovation in financial services through this fellowship that provides up to ₹1,00,000 for student-led projects.
• ICAI-Dr. Suresh Kumar Endowment: A long-term scholarship for students excelling in corporate finance and investment management. The award includes full tuition coverage and a living allowance of ₹3,000 per month.
• Dr. Anjali Verma Sustainability Fund: Supports students working on sustainability projects related to ESG reporting and climate change finance.

External Scholarships

Students can also explore various government and corporate scholarships that are available for finance and accounting students:

• Prime Minister's Scholarship Scheme (PMSS): Available for students from SC/ST communities. Provides full tuition fee coverage and a monthly stipend of ₹3,000.
• National Means-Cum-Merit Scholarship (NMMS): For students from economically weaker sections with academic excellence. Covers full tuition fees and provides a monthly allowance of ₹1,200.
• Post Matric Scholarship: Offered by the Rajasthan government to SC/ST students pursuing higher education. Provides up to ₹4,000 per month for two years.
• ICICI Bank Merit Scholarship: For students with a minimum aggregate of 75% in their qualifying exams. Covers tuition fees and provides an annual stipend of ₹25,000.
• HDFC Bank Student Excellence Award: Recognizes academic excellence with a cash prize of ₹10,000 and a certificate of appreciation.
• Axis Bank Scholarship for Women: Designed for female students from low-income families. Provides full tuition fee coverage and a monthly stipend of ₹2,000.
• Bank of Baroda Scholarships: Available for students studying finance and management. Covers tuition fees and provides an annual allowance of ₹15,000.
• Citi Foundation Student Fellowship: Supports students in research areas related to financial inclusion and development. Recipients receive up to ₹2,00,000 for their research work.
• Goldman Sachs Scholarship Program: For students interested in pursuing careers in investment banking or finance. Provides full tuition coverage and a monthly stipend of ₹5,000.
• JPMorgan Chase Foundation Fellowship: Supports students from underrepresented communities with financial assistance for tuition and living expenses.

Application Process

To apply for any scholarship at Icmai University Jaipur, students must follow the steps outlined below:

1. Check eligibility criteria for each scholarship.
2. Download the application form from the official website or visit the finance department office.
3. Submit required documents such as mark sheets, income certificates, caste certificates (if applicable), and a passport-size photograph.
4. Fill out the online application form with accurate details.
5. Submit the completed application by the deadline specified.
6. Shortlisted candidates will be called for an interview or document verification process.

The university also provides assistance to students in filling out applications and ensures that no deserving student misses out on funding opportunities due to lack of information. Students are encouraged to apply early and stay updated with scholarship notifications throughout the year.