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Scholarships & Financial Assistance

Late G.D Birla Academic Merit Scholarship

1.These scholarships shall be awarded only from Term I to Term IV.

2. Every student (except those admitted under supernumerary seats) shall be eligible for Pujya Sh. G.D Birla Academic Merit Scholarships,

3. (A) Student/s scoring 1st Position (highest TGPA) and 2nd Position (second highest TGPA) at the End Term examination shall be awarded a scholarship of INR 50,000/- and 25,000/- respectively provided:

           (i)  The student has not been found using Unfair Means at any Term End examination/s,

           (ii) The student has not utilized any supplementary examination provision at any end-term examination,

           (iii) The student has no serious misconduct case (as per BIMTECH Honour Code) decided or ongoing against him/her as of the date of declaration of scholarship.

           (iv)  In case a student fails to meet any of the above conditions anytime during the 2 years, any scholarship awarded to him/her at an earlier end-term examination shall also stand withdrawn.

(B) Student/s awarded these scholarships will be issued a Scholarship certificate of the same.

4.The scholarship amount shall be due and disbursed to eligible student/s upon completion of the program (all six terms) i.e. within 15 days of the declaration of term VI result. The total amount so due to the student shall be transferred to declared bank account in name of students through net banking.

5.Total outlay per annum for both batches of each course will be Rs.24 lakh. In case outlay is increased due to bracketed positions, the Director’s permission will be required for additional outlay.

Programme Intake of students 1st positions 2nd positions Total 1st Position (In Rs.) 2nd Position (In Rs.) Outlay for each Term (In Rs.) Total Outlay for 4 terms (In Rs.)
PGDM 300 5 5 10 50,000 25,000 3,75,000 15,00,000
PGDM(IB) 60 1 1 2 50,000 25,000 75,000 3,00,000
PGDM(RM) 60 1 1 2 50,000 25,000 75,000 3,00,000
PGDM(IBM) 60 1 1 2 50,000 25,000 75,000 3,00,000
Total 480 8 8 16 6,00,000 24,00,000
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Madhuri & Jagdish Sheth Endowment Awards

Professor Jagdish Sheth, Professor Emeritus (Marketing Area) of Emory University, USA. has donated Rs. 5.00.000 to BIMTECH to create two scholarships.

BIMTECH has contributed another Rs. 5.00.000 to make it a Rs. 10,00,000 Endowment to create two scholarships based on the interest earned on the same. Award ceremony takes place during Annual Convocation of the institute.

Jagdish N Sheth Award for Best Ph.D Thesis Produced at Bimtech

  • Amount: Rs. 50,000/-
  • Eligibility criteria: Doctoral thesis submitted & evaluated during the academic year (cut off date – February of every year)

Madam Madhuri J Sheth Award for Bimtech Female Toppers

  • Amount: Rs. 50,000 (Rs. 25,000/- for PGDM course plus Rs. 25,000 for PGDM (IB) course)
  • Eligibility criteria: CGPA of 1st & 2nd year will be considered based on Result up to 6th Term.

Late Sarala Birla Award for Bimtech Female Doctoral Student from Developing Countires

  • A scholarship of Rs. 100,000, each year is granted for 3 consecutive years.

Gold Medals and Special Medals

  • Topper of each course as per academic performance gets a Gold Medal.
  • Topper in all round performance, one male and one female student of the institute gets a Gold Medal each.
  • Students of PGDM and PGDM (IB) courses with first position in each specialization area i.e. HR, Operations, Marketing and Finance, based on their results of Term 3, 4, 5 and 6 are awarded Special (Silver) Medals.

Financial Assistance

State Bank of India, Axis Bank, HDFC Credila Financial Services (An HDFC Ltd. Company), IDFC FIRST Bank, Bank of Baroda, Yes Bank & Kuhoo (Online Student Loan Platform) are providing education loans on priority basis subject to fulfillment of their terms and documentation requirements. BIMTECH is a reputed name in Business Education and almost all banks are extending loans to our admitted candidates. However, the Institute has no active role in arranging loans for applicants.

  • Bank details for Education Loan

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  • Bank Of Baroda

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  • Credila

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  • Kuhoo

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Birla Institute of Management Technology (BIMTECH)