Institute-Wide Scholarships
The Sanghvi Institute of Management and Science offers several merit-based and need-based scholarships to support deserving students. These scholarships are awarded based on academic performance, leadership potential, and financial need.
MCM Scholarship: Named after the institute's founder, this scholarship provides full tuition fee waivers for top-performing students from economically disadvantaged backgrounds. The selection process includes an interview with the board of directors.
President's Fellowship: Awarded to students who demonstrate exceptional academic performance and leadership qualities. Recipients receive a stipend of INR 1 lakh per month for the duration of the program.
Merit Scholarship: This scholarship is awarded to students in the top 10% of their batch based on cumulative GPA and extracurricular achievements. The award ranges from 25% to 100% tuition fee waiver.
Alumni & Donor Scholarships
A number of alumni and donors have established scholarships specifically for students in the PGDM program. These scholarships are designed to support talented individuals who show potential in specific areas such as entrepreneurship, research, or social impact.
Dr. Ramesh Bhat Memorial Scholarship: Established by a distinguished alumnus, this scholarship supports students pursuing excellence in marketing and consumer behavior.
Priya Sharma Foundation Scholarship: Named after the institute's finance professor, this scholarship targets students interested in financial markets and investment banking.
Anil Kumar Excellence Award: This award supports students working on supply chain and logistics research projects.
Sunita Patel Leadership Fellowship: Designed for students who demonstrate leadership potential and contribute to campus life through extracurricular activities.
Vikram Singh Entrepreneurship Grant: Supports students planning to start their own ventures or join early-stage startups.
External Government & Corporate Scholarships
In addition to institute-specific scholarships, PGDM students have access to various external funding opportunities through government schemes and corporate initiatives.
PMKVY (Pradhan Mantri Kaushal Vikas Yojana): This government scheme provides financial assistance to students from low-income families to pursue higher education. Students can apply for funding based on their eligibility and course relevance.
IBA (Indian Banks Association) Scholarships: IBA offers scholarships to meritorious students pursuing MBA programs, with a focus on financial inclusion and social development.
Coca-Cola Foundation Fellowship: Supports students working on sustainable business practices and community development projects.
NASSCOM Scholarship Program: For students interested in the IT and digital innovation sectors, NASSCOM provides scholarships to support education and training in emerging technologies.
Scholarship Application Process
The application process for scholarships at Sanghvi Institute of Management and Science is designed to be transparent and fair. Applications typically open at the beginning of each academic year and close before the start of classes.
Applicants must submit:
- Academic transcripts from previous institutions
- A detailed statement of purpose outlining career goals and how the scholarship will support them
- Letters of recommendation from faculty or industry professionals
- Proof of financial need (for need-based scholarships)
- Any supporting documents such as research papers, project reports, or leadership certificates
Selection committees evaluate applications based on academic performance, leadership potential, and alignment with the scholarship's objectives. Shortlisted candidates may be called for an interview.