Masters’ Union Scholarship 2026 is designed to support deserving students by enabling academic excellence, leadership development, and personal growth. The institute offers several scholarships for PGP TBM students, including the Manoj Kohli Merit-based Scholarship, Rajni Thethi Scholarship for Women, and the Bharat Innovators Scholarship, providing significant financial assistance to meritorious candidates.
Eligibility for scholarships is determined through the Masters’ Union Scholarship Aptitude Test (MUSAT) for postgraduate programmes, while undergraduate scholarships are assessed based on MUSAT or national-level exams such as JEE and SAT. Applicants must score a minimum of 35 out of 45 in MUSAT to qualify. These scholarships are awarded on the basis of merit, leadership potential, diversity, and financial need, reflecting the institute’s commitment to inclusive and high-quality education.
Master's Union Merit-Based Scholarships
The MGSUB Gurgaon's scholarship program rewards students based on their academic scores and their domicile stautus. The scholarships are offered as partial tuition fee waivers and the students must choose any one scholarship incase they are applicable for others as well. More details about the Masters' Union merit-based scholarships are mentioned below:
| Scholarship | Description | Eligibility |
| Karthik Ramanna Merit-based scholarship | This is a merit-based scholarship that extends financial support to candidates with exceptional academic records and accomplishments. |
Exceptional academic record and test scores.
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| Rajni Thethi Scholarship for Women | This scholarship is extended to deserving female candidates with impressive academic track records, along with the drive and potential to emerge as an industry leader. |
Exceptional women candidates with significant achievements across domains
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| Mukund Rajan India bound Scholarship | This scholarship is directed at Indian-origin candidates who are currently based abroad (i.e. PIO card-holders) and wish to engage with the Indian corporate sector and professional ecosystem. |
PIO card-holders and Indian citizens studying abroad.
|
| MU Scholarship for Technology Leaders | This scholarship is for candidates who have demonstrated a predisposition towards technological pursuits through participation in tech events or the school coding clubs etc., and are looking to further their career prospects in the technology domain. |
Exceptional technological pursuits including entrepreneurship, technical awards, hackathons, etc.
|
| Narendra Jhadav Diversity Scholarship | This scholarship aims at the inclusion of exceptional candidates from low-income, marginalized or underserved communities. |
Candidates from low income communities within India, as well as neighbouring countries such as Bhutan, Bangladesh, Nepal etc.
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| MU Scholarship for Exceptional Extracurriculars | This scholarship aims to identify those who have displayed exceptional drive and leadership potential through active participation in student-led committees, clubs, and other initiatives while in school. |
Exceptional achievements across extracurricular activities including dance, dramatics, debating, sports, non-profits etc.
|
Masters’ Union Scholarships for PGP TBM
Masters’ Union offers a variety of Masters’ Union scholarships to students enrolled in the Post Graduate Programme in Technology and Business Management (PGP TBM) and PGP TBM Young Leaders Cohort (YLC). These scholarships are based on merit, diversity, and specific achievements. The details are as follows:
- Karthik Ramanna Merit-based Scholarship:
- Provides full or partial tuition waivers to candidates with exceptional academic records and test scores. Selection is need-blind.
- Rajni Thethi Scholarship for Women:
- Supports accomplished female candidates who demonstrate leadership potential.
- Mukund Rajan India Bound Scholarship:
- Aimed at Indian-origin candidates currently residing abroad (PIO cardholders or Indian citizens) who intend to contribute to the Indian corporate sector.
- MU Scholarship for Technology Leaders:
- Recognizes candidates with a strong background in technology, including participation in tech events, coding clubs, or entrepreneurial ventures.
- Narendra Jhadav Diversity Scholarship:
- Promotes inclusion by supporting candidates from low-income, marginalized, or underserved communities within India and neighboring countries.
- MU Scholarship for Exceptional Extracurriculars:
- Recognizes candidates who have demonstrated leadership and drive through active participation in extracurricular activities.
- Scholarship for Entrepreneurs:
- Masters’ union also provides a scholarship for those who are entrepreneurs.
Note: Students applying in Round 1 of Masters’ Union admission (by October 12, 2025) for PGP TBM are prioritized for Masters’ Union scholarships to ensure comprehensive evaluation by the admissions committee.
Masters’ Union Scholarships for UG Data Science & AI
Masters’ Union provides merit-based and need-based scholarships for its UG Data Science & AI program. Eligibility is determined by performance in the Masters’ Union Scholarship Aptitude Test (MUSAT) or alternative exams (JEE, IPMAT, SAT, CUET) and a strong application showcasing leadership potential. The scholarship criteria are:
|
Criteria |
Eligibility |
Scholarship Amount |
|---|---|---|
|
JEE percentile above 95% |
Eligible |
50%–100% of tuition |
|
JEE percentile above 90% |
Eligible |
20%–50% of tuition |
|
MUSAT score above 40/45 |
Eligible |
50%–100% of tuition |
|
MUSAT score above 35/45 |
Eligible |
20%–50% of tuition |
|
SAT score above 1550/1600 |
Eligible |
50%–100% of tuition |
|
SAT score above 1500/1600 |
Eligible |
20%–50% of tuition |
Note: Need-based Masters’ Union scholarships are available for UG students facing financial constraints, subject to holistic evaluation and income documentation.
Masters’ Union PGP Rise Scholarships
The Masters’ Union scholarship under the PGP Rise program supports students with unique achievements. The scholarships offered are:
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MU Scholarship for Technology Leaders: Awarded to students demonstrating leadership in technology through innovations, patents, or research.
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Founders’ Bursary for Entrepreneurs: For students with entrepreneurial experience aiming to refine their skills and academic knowledge.
Masters’ Union Scholarship Eligibility Criteria
The eligibility criteria for Masters’ Union scholarships are based on several factors, including academic performance, leadership, and socioeconomic background:
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PGP TBM and PGP TBM YLC Scholarships: Candidates must demonstrate academic excellence, professional achievements, or specific criteria such as diversity or entrepreneurial experience. A strong application, including MU-BAAT or optional CAT/GMAT/GMAT Focus scores, is required.
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UG Data Science & AI Scholarships: Eligibility is based on MUSAT scores (35+/45 for 20%–50%, 40+/45 for 50%–100%) or alternative exam scores (JEE 90%+, SAT 1500+/1600), alongside a compelling leadership profile.
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Need-Based Scholarships: Available for students with financial needs, requiring proof of income and a well-prepared application.
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General Conditions: Scholarships are awarded for the entire program duration but may be withdrawn for misconduct or violation of disciplinary norms. Students must maintain minimum academic and attendance standards as set by Masters’ Union. Only one scholarship type is awarded per student per academic period, and recipients must inform the institute of any external financial aid received.
Masters’ Union Scholarship Application Process
The application process for Masters’ Union scholarships is integrated with the program admission process. The steps are:
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Visit mastersunion.org and apply for their preferred program.
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Complete the application form with academic, professional, and extracurricular details.
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Indicate interest in Masters’ Union scholarships and submit supporting documents, such as income proof for need-based awards.
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For UG scholarships, submit MUSAT scores or alternative exam results (JEE, IPMAT, SAT, CUET).
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Apply early (Round 1 by October 12, 2025) to enhance scholarship consideration for Gurgaon applicants.
