Lal Bahadur Shastri Institute of Management (LBSIM), New Delhi Scholarships

LBSIM Delhi Scholarships

LBSIM, being one of the best business colleges in India, provides financial support for the candidates who cannot afford the fees for the courses. It has scholarship programmes for the students admitted to PGDM General course and PGDM Finance course in their first and second years.

The scholarship is awarded on a Merit Cum Means method, which implies that a meritorious student, who ranks in the college and has financial problems should be compensated through the scholarship.

The LBSIM scholarship is awarded to a total of 5 students. Four scholarships are awarded under Lalita Shastri Scholarship and one scholarship is awarded under Manuj Chopra Scholarship. The students are awarded a sum of 50,000 each.

The students are selected based on various criteria. First, their family background and financial records are checked.

The candidate’s academic records are also checked to see if they’re worthy of the scholarship. After all the details are checked, they call the applicant and award them the scholarship.

LBSIM offers 15 scholarships of Rs. 1,00,000/- each to meritorious students of PGDM programmes on merit-cum-means basis. The Meritcum-Means scholarship is provided on the basis of academic performance and economic conditions of the candidates.

Merit-cum-Means Scholarships

• Offered to students of PGDM programs (1st and 2nd year) from economically weaker sections.

• Scholarship amount: ₹1,00,000 per student.

• Recent awards:

  • 2021–23 Batch: 6 students received the scholarship.

  • 2022–24 Batch: 15 students were awarded.

Named Scholarships (₹50,000 each per year)

Awarded to students based on a combination of academic excellence and financial need.

1. Smt. Lalita Shastri Scholarship

   • For female students in the PGDM (General) program.

2. Manuj Chopra Scholarship

   • For students enrolled in the PGDM (Finance) program.

3. Tessy Thomas Scholarship

   • For female students in the PGDM (Research & Business Analytics) program.

Eligibility Criteria for Named Scholarships:

• Must be a first or second-year PGDM student.

• Minimum 60% marks in graduation.

• Annual family income should be less than ₹4 lakh.

• Must demonstrate strong academic merit and financial need.

Performance & Contribution-Based Awards

These awards are presented during the convocation ceremony:

• Lalita Shastri Award: Given to the student with the best overall academic performance.

• Amit Chopra Award: Recognises students for excellence in social service and extracurricular contributions.

Industry-Sponsored Scholarships

• Offered through partnerships with industry and corporate bodies.

• Criteria and amount vary depending on the sponsoring organisation.

• Based on academic excellence, leadership potential, and financial need.

Summary of Scholarships at LBSIM Delhi