MYRA School of Business (MSB), Mysore Scholarships

MYRA School of Business (MSB) offers a range of scholarships to recognise deserving and high-performing students. These scholarships are awarded both at the time of admission and during the course of the program, based on various academic and non-academic parameters.

PGDM First-Year Scholarships

1. General & Special Scholarships (Admission-Based)

Awarded by the Office of Admissions at the time of entry, these scholarships are based on a holistic evaluation process. Each applicant is scored out of 40 based on the following components:

• Academic Background

• Entrance Exam Score

• Case Study Evaluation

• Personal Interview

Additional Points:

• Applicants from a Defense Background receive +5 points.

• Applicants with participation in extracurriculars/sports receive bonus points based on their level of representation:

  • Institutional – 2 points

  • District – 4 points

  • State – 6 points

  • National – 8 points

  • International – 10 points

Scholarship Amount Based on Total Score:

2. Special Scholarships (Scholarship Committee Awards)

These scholarships are awarded by the Scholarship Committee and fall under various categories:

• Candidates who have represented their country at the international level in sports or cultural activities.

• Applicants with exceptionally high scores in qualifying entrance exams:

  • CAT/XAT: 90 percentile and above

  • GMAT: 720+

  • GRE: 322+

  • NMAT: 280+

• Merit-cum-Means: For candidates with strong academic performance but limited financial resources.

These scholarships are awarded for both academic years, subject to availability in the approved annual budget. To continue receiving the award in the second year, recipients must maintain a minimum CGPA of 3.0, have no incomplete grades, and uphold high standards of conduct with no disciplinary violations.

PGDM Second-Year Scholarships

Awarded at the start of the second academic year, these scholarships are based on first-year CGPA performance and are categorised as follows:

1. MYRA Merit Scholarships (M-Schols)

• Granted to students with the highest CGPA in Year 1.

• Award value: ₹2.5 lakhs to ₹5 lakhs.

2. MYRA High Performer Scholarships

• Awarded to students with next-highest CGPA bracket.

• Award value: ₹1 lakh to ₹2 lakhs.

3. General Scholarships

• All students maintaining a CGPA of 3.0 or higher are eligible for consideration.

• Awarded in two tiers:

  • ₹50,000

  • ₹1,00,000

• The Scholarship Committee determines the number and criteria for these awards each year.

Note: Students with incomplete grades, participation in Academic Enhancement Programs (AEPs), or violations of the student honor code are ineligible for all scholarship categories.