At IILM Institute for Business and Management, part of IILM University Gurugram, we are committed to fostering talent and removing financial barriers for deserving students. Established in 1993, IILM Institute for Business and Management Gurugram is a premier private institution accredited by UGC and AICTE, ranked among top B-schools in India (e.g., top 50 by Business Today 2024). With strong industry connections to firms like KPMG, HCL Tech, and IBM, our programs in management, such as BBA (Hons) and MBA, prepare students for global careers. Scholarships at IILM promote merit, diversity, and inclusivity, offering up to 100% tuition waivers.
- IILM Institute for Business and Management Types of Scholarships
- IILM Institute for Business and Management Eligibility Criteria
- IILM Institute for Business and Management Scholarship Amount and Benefits
- How to Apply for IILM Institute for Business and Management Scholarships
- IILM Institute for Business and Management Selection Process
- Why Choose IILM Institute for Business and Management Scholarships?
IILM Institute for Business and Management Types of Scholarships
IILM Institute for Business and Management provides diverse scholarships to support students in programs like BBA (Hons) (total fee ₹1,560,000 over 4 years) and MBA (Single Specialisation: ₹990,000 over 2 years; Dual: ₹1,230,000). Scholarships waive 10-100% of tuition, based on official data, and are limited—apply early!
Merit-Based Scholarships
Recognize academic and entrance exam excellence.
- CAT/XAT for MBA: 100% for 95+ percentile; 80% for 90-94; 60% for 85-89; 40% for 80-84; 20% for 70-79; 10% for 60-69.
- Graduation Marks (for MBA): 50% for 90%+ in Class 12 & high graduation/MAT/CMAT scores.
- CUET for UG/PG: 40% for 95+ percentile; 30% for 90-94.99; 20% for 80-89.99; 10% for 75-79.99.
- Class 12 Aggregate (non-MBA PG): 20% for 90%+ in CBSE/ISC & 75% in graduation.
Need-Based Scholarships
Support economically disadvantaged students via merit-cum-means.
- Haryana Domicile (per Act 2006): 25% seats reserved; 100% for top 20%, 50% for next 40%, 25% for remaining 40% (family income
- Girls’ Fee Waiver: 10% for females with family income
Category/Reserved Scholarships
For specific groups to promote inclusivity.
- SC/ST/OBC/EWS/Differently-Abled: Integrated into need-based with certificates; up to 50% waiver.
- Kashmir/Northeast: 10% waiver for residents.
- Nepal: 10% waiver for Nepali applicants.
Early Bird/Admission-Based Discounts
- Timely applications: 10-20% off for submissions before key deadlines (first-come-first-served).
Special Scholarships
- Sports: 100% for international participants; 50% for national medalists; 25% for national participants.
- Defense: 10% for children of personnel; 100% for martyrs' wards.
- Siblings/Alumni: 10% for siblings or alumni family.
- IILM Employee Family: 50% for immediate family.
- Martyr’s: 100% for wards of security forces martyrs.
For detailed reviews from students, check GetMyUni Reviews.
IILM Institute for Business and Management Eligibility Criteria
Eligibility combines academics, entrance scores, and category proof. Examples:
| Scholarship Type | Key Requirements | Example Scenario |
|---|---|---|
| Merit (MBA) | CAT 80+ percentile; 55% in graduation | MBA applicant with CAT 85 percentile and 60% graduation qualifies for 60% waiver. |
| Need-Based (Haryana) | Family income | Haryana resident with 80% graduation and income certificate. |
| Girls’ Waiver | Female; income | Any female MBA/BBA student with valid income proof. |
| Sports | National/international certificates; min academics | National gold medalist with 55% graduation. |
| Defense/Martyr | Service/martyrdom proof; program eligibility | Ward of martyr with graduation marks. |
Continuation: Min 7.5 CGPA (or 8.0-9.0 for higher waivers), 75% attendance, no backlogs, good conduct. Age: Under 23 for UG as of July 31, 2025.
IILM Institute for Business and Management Scholarship Amount and Benefits
Scholarships offer clear value, applied to tuition (e.g., MBA Single: ₹495,000/year; BBA: ₹465,000/years 1-3, ₹165,000/year 4).
| Category | Waiver Amount | Duration | Additional Perks |
|---|---|---|---|
| Merit (High) | 10-100% (₹49,500-₹495,000/year for MBA) | Full (renewable) | Mentorship, priority placements. |
| Need/Reserved | 10-100% (up to full tuition) | First year; renewable | Counseling, installments. |
| Special | 10-100% (₹49,500-₹495,000/year) | Full | Leadership programs, alumni access. |
Benefits: Reduced burden, focus on growth; 90%+ placement with ₹8-12 LPA average, global immersions. Cannot combine; highest applies.
How to Apply for IILM Institute for Business and Management Scholarships
Integrated with admissions for seamless process:
- Register at application.iilm.edu.
- Fill online form with details, select program (e.g., MBA/BBA).
- Upload documents (marks, income proof, etc.).
- Submit; shortlisted for interview/test.
- Receive email confirmation; pay adjusted fees.
IILM Institute for Business and Management Selection Process
Managed by Scholarship Committee for transparency:
- Shortlisting: Academics (50%), entrance/need proof (30%), interview (20%).
- Final: Committee approval; first-come basis.
- Timeline: 1-4 weeks post-application; announcements via email.
Empowers 25%+ students yearly; appeals via admissions.
IILM Institute for Business and Management Documents Required
- 10th/12th/Graduation marksheets/certificates.
- Entrance scorecard (CAT/CMAT/etc.).
- Income certificate (need-based).
- Category proof (caste/EWS/defense/sports).
- Aadhaar/Passport.
- Photos (passport-size).
- Affidavits (gap/anti-ragging/attendance).
Why Choose IILM Institute for Business and Management Scholarships?
IILM scholarships champion diversity and excellence, reserving 25% seats for Haryana students and offering waivers up to 100%. Beyond finances, they provide mentorship, global exposure via partners like NUS and ESSEC, and career support through CDC with 90% placements in top firms. Alumni stories highlight transformations: "My merit scholarship fueled my MBA journey, landing me at KPMG—grateful for IILM's support!" – Rohan K., 2024. As per Dean's vision, these aid ethical leaders. For placements info, visit IILM Institute for Business and Management.
