SPJIMR offers multiple scholarship opportunities for PGDM students. These scholarships are offered as financial assistance and are available only after the start of the program. The SPJIMR scholarships are offered every year, and details about the scholarships are provided below.
SPJIMR Scholarship List 2026
Merit cum means based financial assistance
The Merit cum means based financial assistance at SPJIMR opens every year in July. SP Jain provides this scholarship as financial help to first- and second-year PGDM students. This scholarship covers the tuition fees and is provided based on need, academic performance, extracurricular activities, and conduct.
Students have to apply for this scholarship from the admission office. After application, a panel reviews each applicant for financial need and verifies details before providing partial or full support.
Mirae Asset Foundation (MAF) Scholarship
Mirae Asset Foundation is an Indian charity focused on education. It offers the MAF Scholarship to deserving first- and second-year PGDM students with a family income below INR 8 lakhs. Every year, two students from each year receive INR 5 lakhs, and scholarship holders are called Mirae Asset Scholars.
Merit-Based Scholarships
- SPJIMR offers merit-based scholarships to second-year PGDM(BM) students based on their first-year performance. The applicants for this scholarship are assessed by a committee. Note that the financial assistance can be partial or full, depending on the need.
- Students selected for International Exchange who meet certain criteria can get full reimbursement. Hence, this scholarship will help cover expenses at the partner B-School.
- The amount for this merit-based scholarship is up to INR 2 lakhs. Students will receive the amount after the institute receives grades from the partner schools.
Future Leader Scholarship
Future Leader Scholarship is targeted to future changemakers. The scholarship is formally mentioned in offer letters during application. The details of Future Leader Scholarship for Online PGDM are given below:
- This scholarship is awarded to selected students with outstanding leadership potential. Students will be automatically considered for scholarships through a competitive selection process.
- Recipients will receive INR 3 lakh. This amount will be disbursed across Term V and Term VI tuition fees with Coursera subscriptions and ADPList mentorship access.
- Only students with academic integrity, with no records of plagiarism or misconduct will be considered.
FPM Scholarships
The FPM program at SPJIMR is a fully funded program and offers 100% scholarships to students throughout their course.
Stipends provided:
- Coursework phase: INR 40,000 per month
- After the qualifying exam: INR 42,000 per month
- After proposal defense: INR 45,000 per month
Additional financial support:
- Contingency grants: INR 40,000 in the first year for a laptop and INR 25,000 per year for four years to cover software, books, stationery, and hardware.
- Conference grants: INR 2,30,000 per student for participation in domestic and international conferences.
