The institute provides various scholarships for different programs, and detailed information about these scholarships is presented below:
For PGDM Program
The institute offers the following scholarships and rewards to eligible students:
Pre-Admission Scholarships:
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Merit Scholarship: Students with an outstanding academic record and who secure a minimum of 80 percentile in CAT/XAT/CMAT and at least 80 percent in GMAT can receive scholarships of up to INR 1,00,000/-.
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Merit Scholarship for Women Candidates: Female candidates who meet the aforementioned criteria can receive an additional merit scholarship of 20%.
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Defense Personnel: Wards of Defense Personnel are eligible for a scholarship of INR 50,000/-, while wards of Martyrs are eligible for a scholarship of INR 1,00,000/-.
Please note that candidates can avail of only one of the above-mentioned pre-admission scholarships. Additionally, the scholarship amount is disbursed in two equal installments, with 50% awarded at the end of the first year and the remaining 50% at the end of the second year. Candidates have the option to choose between a tuition fee waiver and a pre-admission scholarship.
Post-Admission Scholarships
Candidates are eligible for Merit Scholarships based on their exceptional overall academic performance. IMI Bhubaneswar also presents Summer Internship Scholarships, aiming to highlight the importance of summer internships and motivate students to give their best efforts.
For FPM Programme
IMI Bhubaneswar extends scholarships to eligible candidates pursuing the FPM program. Such candidates are exempt from tuition fees and receive a stipend of INR 20,000/- per month during the first two years of the program. After completing the coursework, the stipend increases to INR 25,000/- per month.
If a student is exempted from the first year of coursework, they will receive INR 20,000/- per month during the first year and INR 25,000/- per month upon completion of the coursework. The stipend is disbursed at the end of each three-month term.