Institute-Wide Scholarships
University Business School Chandigarh offers several merit-based and need-based scholarships to deserving students. These scholarships are designed to recognize academic excellence, leadership potential, and financial constraints.
- MCM Scholarship (Merit Cum Means): This scholarship is awarded based on a combination of academic performance and family income. Students who score above 80% in their undergraduate degree and have an annual family income below INR 3 lakhs are eligible for this scholarship, covering up to 50% of tuition fees.
- Excellence Scholarship: Awarded to students who rank in the top 10% of their batch. The scholarship covers full tuition fees and provides a monthly stipend of INR 5,000 for the duration of the program.
- Leadership Development Fellowship: This fellowship supports students who demonstrate leadership qualities through extracurricular activities and community service. Recipients receive partial fee coverage and additional mentorship opportunities.
Alumni & Donor Scholarships
The school also benefits from generous contributions from alumni and donors, which fund several scholarships specifically for MBA students:
- Rajiv Gandhi Memorial Scholarship: Named after the former Prime Minister of India, this scholarship is awarded to students from underprivileged backgrounds. It covers full tuition fees and provides a monthly stipend of INR 8,000.
- Dr. S. K. Sharma Excellence Award: Established by Dr. S. K. Sharma, a distinguished alumnus, this award recognizes outstanding academic performance and leadership. Recipients receive full tuition coverage and additional financial support for professional development activities.
- Anil Agarwal Foundation Scholarship: This scholarship is funded by the Anil Agarwal Foundation, supporting students pursuing business studies with a focus on sustainability and social impact. The award includes partial fee coverage and access to exclusive internship opportunities.
- Vijay Laxmi Memorial Fellowship: Named after Vijay Laxmi, a prominent alumnus, this fellowship supports students interested in entrepreneurship and innovation. Recipients receive financial assistance for launching their ventures and mentorship from industry experts.
Government & Corporate Scholarships
In addition to institutional support, students can also apply for external scholarships offered by government bodies and corporations:
- Scholarship for Women in Management (SWIM): Funded by the Ministry of Women and Child Development, this scholarship supports women pursuing management education. It covers full tuition fees and provides a monthly stipend of INR 10,000.
- Indian Bank Scholarship Program: Offered by Indian Bank, this program supports students from economically weaker sections. Recipients receive a combination of fee waivers and monthly allowances.
- Citi Foundation Scholarships: These scholarships are available for students from low-income families with demonstrated academic excellence. The award includes full tuition coverage and access to Citi's career development programs.
- Infosys Foundation Scholarships: Supporting students interested in technology and innovation, this scholarship covers tuition fees and provides mentorship opportunities with industry professionals.
Scholarship Application Process
The application process for scholarships is straightforward:
- Students must submit an online application form along with required documents including academic transcripts, income certificates, and a personal statement outlining their goals and achievements.
- Applications are reviewed by a committee comprising faculty members, alumni representatives, and administrative staff.
- Selected candidates are notified via email and invited for an interview round if necessary.
- Final decisions are made based on merit criteria, financial need, and available funds.