Skip to Main Content
  1. Alliance School of Business

    Alliance School of Business, Alliance University is offering merit-based scholarships to deserving candidates.

      Sl. No.NMAT by GMAC ScoreScholarship No. of Scholarships
      1.210+50%Top 10 students
      2.180 to 20935%Top 10 students
      3.160 to 17925%Top 20 students
    • Candidates who apply to Alliance School of Business MBA or PGDM Program and meet the minimum NMAT scores as detailed above are eligible for the scholarships.
    • Top performing students in each of the categories would be awarded the scholarships.
    • Alliance Admissions Committee awards the NMAT scholarships based on the following criteria:
      • Academic Performance;
      • Nationalised Test Score and
      • Candidate performance in the Alliance Admissions Selection Process.
  2. Athena School of Management

    Athena School of Management is pleased to announce the launch of Special NMAT Scholarships exclusively for Students appearing for the NMAT by GMAC 2019 –

    • The Athena NMAT Silver Scholarship – Three Scholarships of Upto 25% of Fees for a student who has a NMAT Score of more than 185
    • The Athena NMAT Bronze Scholarship – Scholarships of Upto 20% of Fees for any student who has a NMAT Score of more than 150

    Athena School of Management also has the following Scholarships available -

    • Profile Scholarship – Scholarships worth lakhs for students who have outstanding Profiles and/or Extra Curricular achievements.
    • Women in Management Scholarships – Special Scholarships are available for female applicants who are selected for admission.
    • Rotaract/AIESEC/NCC Scholarship – Scholarships are available for Rotaractors/AIESECers both current & alumni and for NCC Cadets (Past & Present).
    • Application fee waiver
  3. Bennett University

      % of Scholarship on first Year Tuition Fees NMAT 2019 Score
      100% 220+
      50% 211 – 220
      30% 196 – 210
      20% 186 - 195
      10% 175 - 185
    • Additional Scholarship of 5% on Tuition Fee for candidates with Work Experience greater than 2 years
  4. BML Munjal University

      NMAT Score Scholarship
      195 and above 50% of the tuition fee
      181-195 25% of the tuition fee
      160-180 10% of the tuition fee
  5. BSE Institute Ltd

    NMAT score 180 and above.

    Aggregate graduation scores 60% and above. B.E, B.Tech, B.CA , BSC.IT graduates will be given preference for Masters in Financial Technology. Top 5 eligible applicants will be offered scholarship by BSE institute.

    All Applicant will have to appear for a Personal Interview round at BSE Institute.

    Description of scholarships

    • Scholarship
    • Seats
    • 20% tuition fee waiver
    • 5
  6. IILM University

    • Criteria
    • Scholarship Percentage
    • NMAT score 195+
    • 40% waiver on tuition fee
    • NMAT score 180-195
    • 25% waiver on tuition fee
  7. ITM Business School

    At ITM, we offer 20% scholarship on the academic fee at ITM University, Raipur and ITM Vocational Vadodara for all the NMAT students who scores more than 160 marks in NMAT and takes admissions with ITM.

    Moreover, ITM also offers scholarships upto 100% on first year fee for the students who appear in ITM Scholarship round and are eligible. ITM offers scholarships to the tune of 1 Crore every year and NMAT students would be eligible for it. 

  8. ISBR Business School

    Merit Scholarships and Industry Sponsored Scholarships for the year 2020

    ISBR Business School offers a variety of scholarships for meritorious and deserving candidates who wish to pursue their masters at ISBR. Scholarships are offered in the form of tuition fee waivers upto 100% .

    NMAT by GMAC Cut-off Score Scholarship Category 100% full ride 50% waiver on tuition fees 25% waiver on tuition fees Total Number of Scholarships to award
    A score of 200 and above Merit / Industry sponsored scholarship 5 Nos. 5 Nos. 5 Nos. 15
    A score of 140 and above Merit / Industry Sponsored Scholarship - 5 Nos. 5 Nos. 10
    A score of 100 and above with participation certificate in national level sports in the last 2 years Sports Scholarship - - 5 Nos. 5
    • ISBR Scholarship Committee reserves all rights on the award of scholarships.
    • • Candidates meeting the required NMAT score cut-off are encouraged to apply. Refer to for details.
    • • Award of scholarship is also contingent upon Academic Merit and other relevant achievements by the candidate as may be considered suitable by the Scholarship Committee of ISBR Business School.
  9. O.P Jindal Global University

    • Scores
    • NMAT Scholarship Amount (In INR)
    • 201 & above
    • 1,20,000
    • 196-200
    • 1,00,000
    • 180-195
    • 75,000
  10. SDA Bocconi Asia Center

    Tuition Waivers: SDA Bocconi Asia Center is offering merit based tuition waivers up to 80% for the IMB 2020-22 admitted candidates with an outstanding profile. The factors considered here are academic consistency, strong entrance test scores, extracurricular activities, and outstanding personal interview. The waivers are applied on the tuition fee after deduction of the scholarship (if applicable) only, thus not on the full Admission Fees.

    b) Dean’s Scholarship can be granted to admitted students, based on the Dean’s decision only.This scholarship is awarded at the time of selection and disbursed to the students if they manage to be in the top 5% in the class at the end of first 11 month module. Its amount is of INR 2 Lac inclusive of GST, will be adjusted against the payable tuition fee of the second module, and will not be disbursed directly to the student.

    c) Women’s Leadership Scholarship is created with the intention of supporting meritorious women candidates applying to the IMB program. The scholarship amount is INR 2 Lac inclusive of GST and is applied on the tuition fee before the Tuition Waivers. Recipients of the Scholarship are high-potential female candidates who meet our standard selection criteria and exhibit exemplary leadership skills in one or more ways: academic leadership, team leadership, community leadership, sports, and creative leadership.

    d) Sports and Cultural Art Scholarship can be granted to those students who have been at a consistent high level in any sport (preferably at National level) and any cultural or Art form. The scholarship amount is INR 2 Lac inclusive of GST and is applied on the tuition fee before the Tuition Waivers. The decision of awarding this lies at the discretion of the Scholarship Committee and cannot be challenged. Students must furnish supporting documents as proof along with their documents to be considered for this scholarship

  11. SOIL

    Application fee waiver for candidates with top 5% percentile of NMAT.

    • Outstanding NMAT Score Scholarship

    If your score is in top 2-3 % percentile you will be eligible for NMAT Scholarships

    Grant Amount: Up to 2 Lacs Fees Waiver

    • Need-based Scholarships
      • Applicants with family income (excluding applicant's income) of less than INR 5 lakh per annum
      • Last drawn salary would be considered for retired family members.
      • Applicants from family business, entrepreneurial & self-employed background will not be considered.
      • Applicants who have studied or worked outside India will not be considered
      • Grant Amount: Up to 2.5 Lacs Fees Waiver

    • Merit-based Scholarships

      Exceptional Students with a proven track record in academics, professional career, extracurricular activities & Admission Process (as per the discretion of the admissions and selection committee)

      Grant Amount: Up to 2 Lacs Fees Waiver

    • Capt. Vikram Batra Scholarships for Defense

      Students from the Armed Forces background are eligible for this scholarship. It is also applicable for students whose parents have served in the Defence Services of India.

      Grant Amount: Up to 2.5 Lacs Fees Waiver

    • Outstanding Work in NGO Scholarships

      Students who have been actively working for an NGO or Non-profit Organisations presently or in the past (For at least one year)

      Grant Amount: Up to 2 Lacs Fees Waiver

    • Women in Leadership Scholarships

      Women who have done exceptional work in leadership roles for an organization.

      Grant Amount: Up to 2 Lacs Fees Waiver

  12. Thapar School of Management

    Emerging Leader Scholarships- There are 75 Merit scholarships available under this category.

    Below is the description of various scholarships:

    • Scholarship Type
    • No. of scholarships available for candidates applying through NMAT by GMAC
    • 50% tuition fee waiver
    • 10
    • 30% tuition fee waiver
    • 10
    • 20% tuition fee waiver
    • 10

    All applicants are eligible to appear for scholarship test. The test will be organised in premises of Thapar School of Management and has no fee. The scholarship test will be organised on day of admission process.

  13. Universal Business School

    Merit-based scholarship for NMAT by GMAC test-takers

    • NMAT by GMAC score
    • Amount
    • 180 +
    • INR 100,000
    • 200 +
    • INR 200,000

Note - The information on this page has been provided to us, by the university, school, or program. For the latest updated information, please visit the school or program site directly.