SPJIMR Mumbai Scholarship Details like Eligibility & Amount, and Application Process

NAAC Accredited

Private College

Estd. 1981-01-01

Mumbai

Year of establishment

1981

Type

Private

SPJIMR Scholarships

 

SPJIMR Mumbai provides merit-based scholarships. For students enrolled in the Fellowship Programme in Management (FPM), the institute offers full scholarships covering 100% of the costs.

 

Below  are SPJIMR Mumbai Scholarships Details:

 

Name of Scholarship

Amount of Scholarship

SPJIMR Merit-based Scholarships

Up to INR 2 lakhs

Fellowship Programme Management 

INR 40,000 per month (Course-work) + 

INR 42,000 per month (Post clearing qualifying exam) + 

INR 45,000 per month (Post successful defence of proposal) + 

INR 40,000 (Contingency grant) + 

INR 2,30,000 (Conference grants)

 

Merit-Based Financial Assistance

 

  • Available for 1st and 2nd-year students based on need, academic performance, and extracurricular involvement.

  • Financial aid is provided through reimbursement of the tuition fees for the PGDM(BM) programme.

  • A panel assesses the financial need and verifies the details provided by applicants, offering partial or full assistance accordingly.

Merit-Based Scholarships

 

  • Offered to 2nd-year PGDM(BM) students based on their performance in the first year.

  • Scholarships may be partial or full, determined by the scholarship committee’s evaluation.

  • Students selected for International Exchange programmes, who meet certain criteria are eligible for full reimbursement, helping cover expenses at partner international B-Schools.

  • The scholarship amount can be up to INR 2 lakhs, disbursed after receiving grades from partner schools.

Mirae Asset Foundation (MAF) Scholarship

 

  • Provided by the Mirae Asset Foundation to support meritorious and needy students in their 1st and 2nd years with family incomes under INR 8 lakhs.

  • Two scholarships of INR 5 lakh each are awarded annually to PGDM students.

  • Recipients are known as Mirae Asset Scholars, with detailed guidelines distributed after the programme starts.

FPM Scholarships

 

  • The Fellowship Programme in Management (FPM) at SPJIMR is fully funded, with 100% scholarships provided for the entire duration of the programme.

 

Stipend Details:

 

  • During Coursework Phase: INR 40,000 per month.

  • Post-Qualifying Exam: INR 42,000 per month.

  • Post-Proposal Defence: INR 45,000 per month.

Additional Financial Support

 

  • 1st Year: INR 40,000 for purchasing necessary hardware (e.g. laptop).

  • Subsequent Years: INR 25,000 per year for up to four years for software, books, stationery, and other research-related expenses.

Conference Grant

 

  • INR 2,30,000 allotted per participant for attending domestic and international conferences.