Scholarships & Awards
IFMR offers a scholarship certificate worth Rupees One Lakh to the top 10% of students, as per the merit list drawn at the time of selection. This scholarship certificate can be used to partly pay the 2nd fee installment due in the month of November 2018.
Based on performance in the first year of the MBA course, the top 10% of students (based on CGPA), would get a scholarship certificate worth Rupees One Lakh. This scholarship certificate can be used to partly pay the 3rd fee installment due in the month of June 2019.
Based on the academic performance (CGPA) during the two years, top performers of the class will be given a merit scholarship on the following scale. This will be in the form of an account Payee cheque drawn in the name of the student.
First Rank: Rupees Two Lakh Fifty Thousand only
Next 3 students: Rupees One Lakh Fifty Thousand only
Students, other than the above four, who are in the top 10% – Rupees Fifty Thousand only.
Note: To be eligible for scholarship, apart from merit, the student must have a clean record, with zero incidents of misconduct.
The total fee is Rs.12.00 lakhs for the two years. The fee covers tuition, books & materials, library membership, examination fee, and IT charges. The fee does not cover a Laptop and applicants are required to bring their own Laptop at their own cost. Given below is the schedule for payment of the fees.
a) Admission cum first installment fee Rs. 3,00,000/-
b) Refundable Caution Deposit Rs. 50,000/-
Both payable in March 2018 / April 2018 against offer of admission
c) Second installment fee during November 2018 Rs. 5,00,000/-
d) Third & final installment – June 2019 Rs. 4,00,000/-
Living expenses will be extra and it is estimated that the boarding & lodging would together be approximately Rs.1,20,000/- per annum. For the first year, this is to be paid at time of registration at our campus in June 2018. For the 2nd year, it is payable in June 2019 while checking into the hostel.