Scholarship 1
Indian Institute of Management, Bangalore offers/ participate in various scholarship to the PGP students:
1. Aditya Birla Scholarship: This merit-based scholarship is given to PGP students of both the first and the second years. The students who are granted the scholarship during the first year are eligible to apply for renewal in the second year, provided they belong to the top 25% of the batch in the first year. The scholarship amount is INR 1.75 lakh per student.

2. OPJEMS Scholarship: This merit-based scholarship is given to PGP student of second year .The first ten toppers of 2nd year based on the academic performance in the first year are eligible to apply Basis of online test conducted by OP Jindal Group one student of each academic year will be awarded. The scholarship amount is INR 1.50 lakh

3. Citi Women’s Leader Award: This is a merit scholarship that covers the second year’s tuition expenses. Candidates are selected from the top 25% of the batch at the end of the first year. Nomination is done by the institute and the students are selected on the basis of their Statement of Purpose and subsequent interviews scheduled by Citi Group.

Scholarship 2
All PGP students with annual household income below INR 8,00,000 are eligible to apply for financial aid. Other students with severe financial difficulties arising from sudden unforeseen circumstances are also considered.

The Financial Aid Committee undertakes a two-step process for deciding the number of awardees and quantum of aid. In the first stage, the students are given a financial status score based on four criteria – Annual Gross Household Income (including income of the student if employed before joining IIMB and outstanding loans if any, provided they were not taken for conspicuous consumption), Household Savings, Real Estate Assets, and Other Assets. Based on this score, some of the students are called for a personal interaction with a faculty panel. During these interactions, faculty panels evaluate the financial need of the student, as well as establish the genuineness of the details provided by the student in the application and assign a financial need score. Based on the weighted average of these two scores, applicants are provided 100%, 80%, 60%, 40% or 20% financial aid.