Scholarships at SVKM S NMIMS SCHOOL OF BUSINESS MANAGEMENT INDORE
SVKM S NMIMS SCHOOL OF BUSINESS MANAGEMENT INDORE recognizes the importance of financial support in enabling students to pursue quality education. The school offers a wide range of scholarships and financial assistance programs to ensure that deserving students can access education without financial constraints.
Institute-Wide Scholarships
The school provides several institute-wide scholarships based on merit, need, and performance:
- Merit Scholarship: Awarded to students with outstanding academic records. The scholarship covers up to 50% of tuition fees for the first year.
- Need-Based Scholarship: Designed for economically disadvantaged students. This scholarship provides full coverage of tuition fees and partial coverage of hostel and mess charges.
- MCM Scholarship: Named after the school's founder, this scholarship is awarded to students from minority communities who demonstrate exceptional academic performance and leadership potential.
Alumni & Donor Scholarships
The school has established partnerships with alumni and donors who contribute to scholarship funds. These scholarships are typically specific to certain categories of students or fields of study:
- Alumni Foundation Scholarship: Funded by the school's alumni network, this scholarship supports students pursuing research in business analytics, entrepreneurship, and sustainability.
- Donor Partnership Scholarship: Supported by individual donors, this scholarship targets students from low-income families who show promise in leadership roles.
- Women Empowerment Scholarship: Aims to encourage female students to pursue advanced studies and careers in business management.
- Research Excellence Scholarship: For students engaged in research projects related to innovation, data analytics, or international business.
- Entrepreneurship Support Scholarship: Provides financial assistance to students who wish to start their own ventures or participate in incubation programs.
External Scholarships
NMIMS Indore students are also eligible for various external scholarships from government bodies and corporate organizations:
- PM Scholarship: Provided by the Government of India, this scholarship supports students from economically weaker sections.
- UGC Merit Scholarships: Offered to meritorious students across different categories of education.
- Banking Sector Scholarships: Various banks like SBI, ICICI Bank, and HDFC Bank offer scholarships to students pursuing higher education.
- Corporate Sponsorships: Companies such as Amazon, Microsoft, and Google provide scholarships to students excelling in computer science and business analytics.
- NGO Partnerships: Collaborations with NGOs like the Bill & Melinda Gates Foundation offer support for students engaged in social impact initiatives.
Application Process
The application process for scholarships at NMIMS Indore is straightforward and transparent:
- Students must fill out an online application form on the school's official website.
- Required documents include academic transcripts, income certificates, caste certificates (if applicable), and a statement of purpose.
- Applications are reviewed by a committee comprising faculty members, alumni, and external experts.
- Selected students are notified via email and may be required to attend an interview or presentation.
- Final awards are announced at the beginning of each academic year.
The school also conducts awareness sessions to guide students through the scholarship application process and ensure they apply for all relevant opportunities.