IIM Calcutta Scholarships
IIMC offers numerous financial aids to all the worthy & talented students so that no one is left out of the opportunity of pursuing education at IIM Calcutta. Need-Based Financial Assistance is given to the students.
Here is a detail of Scholarships/ Financial aid provided by the Indian Institute of Management Calcutta
National-Level Scholarships
- Scholarships are offered by the Government of India for SC/ST students based on their performances.
- Scholarships offered by NTPC for students with disabilities based on their MBA Term 1 results.
PGDM Students Scholarships
For 1st-Year PGDM Students
- Aditya Kashyap Memorial Scholarship (for 1st rank holder)
- B.P. Poddar Scholarship
- BPL Prize
- Central Bank of India Prize For Best Performance In Finance Course
- Damodar Valley Corporation Award For Creditable Performance
- India Carbon Scholarship
- P. R. Karthik Scholarship
- T. T. Krishnamachari Award
For 2nd-Year PGDM Students:
- Dr. B. C. Roy Memorial Gold & Silver Medals
- Chairman's Prize
- John Wynne Prize
Outside Organizations Sponsored Scholarships
- ABC India Award
- Aditya Birla Group Scholarships
- Aditya Kashyap Memorial Scholarship for receiving the highest CGPA
- B. S. Dua Memorial Prize for 2nd Rank holder
- Balmer Lawrie Award
- Bengal Chamber of Commerce Medal in the area of Human Resource Management
- Calcutta Management Association Trophy
- Calcutta Port Trust India Award
- IIMC Alumni Association, Calcutta Chapter Prize
- Late Sumantra Ghoshal Award for Academic Excellence
- Magunta Subbarami Reddy Award
- National Means Cum Merit Scholarship
- NTPC Scholarship
- OP Jindal Engineering & Management Scholarship
- Scholarships for Top Class Education for students with disabilities.
- T. Thomas Scholarship
- Tata Education Trust Scholarship
- Taylor & Francis Book Prize
- TIL Scholarship
- Top Class Education for Scheduled Tribes Students) - only for scholarships
IIM Calcutta Scholarship Guidelines
Specific rules and regulations should be followed while applying for IIM Calcutta Need-based Financial Assistance. They are:
- The applicant's personal income, that of his or her parents, brothers (if unmarried), and sisters will all be included in the applicant's gross total family income for the fiscal year (FY) 2021–22, or the assessment year (AY) 2022–23. (if not married). If any of the aforementioned individuals do not support the family, the applicant is urged to file an appeal and provide sufficient documentation to support their claim.
- If a family member, including the applicant, has numerous income streams, each should be specifically addressed, along with legitimate evidence.
- The applicant MUST provide the appropriate authority with the necessary documentation demonstrating Gross Total Family Income in the FY 2021–2022 in order to be eligible for this financial assistance (AY 2022-23). ITR-1, ITR-2, and other income tax returns from the prior year (i.e., FY 2020–21) will not be regarded as reliable proof. If a family member of the applicant is obligated to submit income tax returns (ITR-1, ITR-2, etc.) for FY 2021–2022, they must do so.
- The applicants, not the committee members who choose the list of qualified applicants, are accountable for the accuracy of the information submitted because need-based financial assistance is granted based on the Gross Total Family Income disclosed in the application form. Punitive action will be taken against the student in question if any discrepancies between the claimed income and the real income are discovered and are later brought to the committee's attention.
- Please send this properly completed form to the MBA Office (online) no later than April 11, 2022. (by 10 am). Further applications might not be taken into consideration.
- If any discrepancy in the information submitted is discovered, or if any information is withheld, punitive action against the applicant may be taken, along with the cancellation of the aid facility and immediate expulsion from the program.
Frequently Asked Questions about IIM Calcutta Scholarships
Q. Total how many scholarship programs are available in IIM Calcutta?
Ans. IIMC provides main 4 categories of scholarship programs, they are:
- Scholarships are offered by the Government of India for SC/ST students based on their performances.
- Scholarships offered by NTPC for students with disabilities based on their MBA Term 1 results.
- Scholarships for PGDM students based on their performances.
- Scholarships sponsored by outside organizations.
Q. Can I avail KVPY scholarship at IIM?
Ans. KVPY offers scholarships to the UG and PG Science courses pursued by qualified students. Since IIM offers only management courses to the students, they can’t avail of KVPY scholarships.
Q. Can I study at IIM for free?
Ans. When you enroll at an IIM, there are no set scholarships available. Regardless of caste or gender, all students pay the same fees. Yet after joining, you'll learn about the different scholarships offered by other governments and organizations.
Q. Can I receive a 100% IIM scholarship?
Ans. IIM Scholarships will waive between 10% and 100% of tuition costs depending on the college.
Q. Do banks give loans to IIM students?
Ans. Almost all banks offer premier loans on zero margins, making not just the tuition fees, but the accommodation and other necessities affordable as well. So if you are thinking of giving up on your dream of studying at any of the IIMs, remember that loans for IIM students are just a click away.
Q. Do CAT toppers get a scholarship?
Ans. No, just clearing the CAT Examination won't grant any scholarship. There are various scholarships that one can get after clearing the CAT Examination, but they're all performance-based and vary from B-School to B-School.
Q. What are the fees of IIM Calcutta?
Ans. IIM Calcutta provides 8 different courses with an average fee of ranges from INR 31 LPA to INR 5 LPA.
Q. What is the average package offered in IIM Calcutta placement?
Ans. IIMA 2022 placement offered an average package of INR 33.67 LPA.
Q. What are the facilities provided at IIM Calcutta?
Ans. IIM Calcutta is 135 acres campus with every facility available for the ease of students as well as faculties. The facilities provided are AC hostels, Wi-Fi, ICICI Bank ATM, Daily Needs store, SBI Bank & ATM, Recreation Centre, Gymnasium, Swimming pool, basketball court, Tennis, Table Tennis, badminton court, House Keeping, TVs, Washing machines, and many more.
Q. How can I directly contact IIM Calcutta?
Ans. IIM Calcutta contact details
- Phone No.: 022-61306212
- Official website: https://www.iimcal.ac.in/