Sydenham Institute of Management Studies, Research & Entrepreneurship Education, (SIMSREE)Mumbai Scholarships

SIMSREE Scholarships and Financial Assistance

SIMSREE is one of Mumbai’s premier management institutes, offering its flagship MMS program at a significantly lower fee compared to most other B-schools. In addition to its affordable cost structure, SIMSREE provides scholarship opportunities that enable eligible students to pursue their education either free of cost or at a highly subsidised rate.

Being a reputed government institute, SIMSREE students are also eligible for educational loan schemes offered by leading banks and financial institutions such as Union Bank and IDFC First Bank, which help cover tuition fees, hostel charges, and living expenses.

SIMSREE Scholarship Schemes

The institute offers a range of merit-based, need-based, and category-based scholarships, including:

• Maharaj Takhat Singh Ji of Bhavnagar Scholarship

• Pragji Purshottam Bhatia Memorial Scholarship

• D. Tata Memorial Scholarship for Academic Excellence

• The Limid Scholarship for Academic Excellence

• S. Desai Sports Scholarship

• Beri Memorial Scholarship

• Percy Anstey Memorial Scholarship

• E. Merchant Scholarship

• Dakshina Fellowship (awarded by the Government of Maharashtra)

• BBI & BMS KPMG Scholarship

These scholarships recognise academic excellence, sports achievements, and financial need, helping deserving students reduce their financial burden.

Financial Assistance Options

Union Bank Education Loan Scheme

SIMSREE is listed under Tier-2 management institutes eligible for Union Bank’s MBA loan scheme. The loan covers:

• Tuition and hostel fees

• Mess charges and cost of books

• Caution deposit and other academic expenses

• Living costs

Loan amount: Ranges from INR 7.5 lakhs to INR 20 lakhs depending on the student’s requirement and eligibility.

IDFC First Bank MBA Loan Scheme

IDFC First Bank also offers education loans for MBA aspirants, including those admitted to SIMSREE. These loans are designed to cover full program costs, including living expenses and academic materials, with competitive interest rates and flexible repayment options.