IIM Mumbai Scholarship 2026: Eligibility, Amount, and Types

IIM Mumbai only offers PhD scholarships, and students are considered for them during the application process. To avail of the scholarship, students should be PhD candidates, either as a Junior Research Fellow or Senior Research Fellow. Students who are looking for PhD stipend at IIM Mumbai can check details of the IIM Mumbai scholarship in this article.

iim mumbai minimum qualifying scores for stipend eligibility

IIM Mumbai PhD Scholarship

The Ministry of Human Resource Development, Department of Higher Education, approved a revision in Ph.D. scholarship rates for AICTE and centrally funded technical institutions. The revised details of the PhD scholarship at IIM Mumbai are:

Course	Eligibility	Stipend
JRF	Degree Requirement: · Postgraduate degree in basic science · Graduate/postgraduate degree in a professional course Selection Process: · Through National Eligibility Tests (UGC NET, including lectureship, and GATE) · Through national-level exams conducted by MHRD and its agencies/institutions (UGC, IITs, IISc, IISER, IIITs, etc.)	INR 31,000 per month
SRF	Basic eligibility criteria for JRF + At least two years of relevant research work	INR 35,000 per month

IIM Mumbai Financial Assistance Eligibility

Financial assistance is available only for regular full-time candidates, excluding sponsored candidates. Eligibility requires qualification in GATE, CAT, GMAT, GRE, or UGC-JRF with a valid score. Minimum qualifying scores for stipend eligibility:

GATE: 650/1000
GRE: 300/340
CAT: 90 percentiles
GMAT: 650/800

Enjoy Extra Benefits with SR

Counselling

Processing fees on loan

Discounted Applications

GD PI preparation

Frequently Asked Questions

Ans. NITIE evaluates the Fellow's performance after two years, as per Ministry of HRD guidelines. If the assessment is successful, the fellowship at the two-year research experience level may be granted.

Ans. Part-time sponsored students do not receive stipends. These students are working professionals who pursue the Fellow Program while continuing their job responsibilities.

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