Institute-Wide Scholarships
RIMS offers several merit-based and need-based scholarships to ensure that deserving students can pursue their MBA education without financial constraints. These scholarships are awarded based on academic performance, extracurricular achievements, and financial need.
MCM Scholarship (Merit Cum Means)
The MCM Scholarship is one of the most prestigious awards at RIMS. It combines academic excellence with demonstrated financial need, ensuring that talented students from low-income families can access quality education. The scholarship covers up to 100% of tuition fees for eligible candidates.
Dean's Excellence Award
This award is given annually to the top-performing student in each specialization track. It includes a cash prize of INR 50,000 and recognition during the annual convocation ceremony.
Need-Based Financial Aid
RIMS provides financial assistance to students whose families fall below a certain income threshold. This aid can cover partial or full tuition fees depending on the family's financial status.
Donor & Alumni Scholarships
The institute has established partnerships with several donors and alumni who contribute scholarships to support deserving students:
Rajiv Gandhi Memorial Scholarship
This scholarship, funded by the Rajiv Gandhi Foundation, supports students from economically disadvantaged backgrounds. It covers tuition fees and provides a monthly stipend for living expenses.
Shanti Swarup Bhatnagar Award
Named after the renowned scientist, this award is given to students who demonstrate exceptional leadership qualities and academic excellence. The scholarship includes both financial assistance and mentorship opportunities.
Alumni Entrepreneurship Fund
This fund, supported by successful alumni, aims to promote entrepreneurship among students. It provides grants for business ideas and startup ventures with a focus on social impact.
Dr. B.R. Ambedkar Merit Scholarship
This scholarship is specifically for students from Scheduled Castes and Scheduled Tribes communities. It covers tuition fees and provides additional support for personal expenses throughout the course.
Rajendra Prasad Foundation Award
Established by the Rajendra Prasad Foundation, this award recognizes outstanding students in social service and community development. Recipients receive full tuition coverage and opportunities for international internships.
Government Scholarships
RIMS students are eligible to apply for various government-sponsored scholarships that provide financial support based on caste, income, or other criteria:
Scheduled Caste/Scheduled Tribe Scholarship
This scholarship is offered by the Government of India to students from SC/ST communities. It covers full tuition fees and provides a monthly allowance for living expenses.
Minority Communities Scholarship
Designed for students belonging to minority communities, this scholarship helps reduce the financial burden of pursuing higher education.
Women Empowerment Scholarship
This initiative supports female students by providing full tuition coverage and additional funds for research projects and extracurricular activities.
Disabled Students' Scholarship
For students with disabilities, the government offers a scholarship covering tuition fees and assistive devices required for academic success.
Corporate Scholarships
RIMS collaborates with several corporate entities to offer scholarships that align with industry needs:
Infosys Foundation Scholarship
This scholarship supports students interested in pursuing careers in information technology. It includes tuition coverage and internships with Infosys.
Tata Trusts Educational Grant
Provided by Tata Trusts, this grant is for students from low-income families who show exceptional academic performance. It covers full tuition fees and provides a monthly stipend.
Wipro Foundation Fellowship
Designed for students excelling in entrepreneurship and innovation, this fellowship includes financial support and mentorship from Wipro executives.
Coca-Cola India Scholarship
This scholarship supports students interested in marketing and branding. It covers tuition fees and offers opportunities to work on real-world marketing campaigns with Coca-Cola.
Application Process for Scholarships
Applying for scholarships at RIMS is straightforward:
- Eligibility Check: Review the eligibility criteria for each scholarship program.
- Document Preparation: Gather necessary documents including academic transcripts, income certificates, and recommendation letters.
- Online Application: Submit applications through the institute's official portal before the deadline.
- Interview Process: Shortlisted candidates may be called for interviews or written tests.
- Notification: Successful applicants will be notified via email and official communication channels.
The institute provides dedicated support to help students navigate the application process and ensure they meet all requirements.