MICA scholarships are offered to the PGDM, PGDM-C, PG Certificate in CCC and FPM students. The scholarship offered to the PGDM, PGDM-C and CCC are limited to 25 - 27 students and are based on their overall academic performance and their family income. 

The FPM students are offered a fellowship by MICA Ahmedabad, which waives off the tuition fee and offers a monthly stipend and contingency grant. 

Also read about MICA Ahmedabad Admission

 

MICA Scholarship For PGDM, PGDM-C, PG Certificate in CCC

  • MICA Ahmedabad will offer scholarships to the students who are currently pursuing PGDM, PGDM-C, and PG Certificate in CCC. The students will be selected on the basis of their overall academic performance and their family income. 
  • Equity Scholarship is sponsored by Prof. Bikram Bindra to the first-year students of PGDM and PGDM-C, based on merit cum means/means cum merit basis. The student who represents a minority status is eligible to apply under this scheme. 
  • The maximum number of scholarships offered to the PGP-1, PGP-2, and CCC students is 25 - 27. Half will be sponsored by MICA and another half through Equity Scholarship.

MICA Scholarship Details 

Programs PGP 1 PGP 2 CCC
Number of Scholarships 11 - 13 (half will be sponsored by MICA and another half through Equity Scholarship) 12 2
Scholarship Amount offered by MICA 100% Tuition Fee 100% Tuition Fee Up to 50% of Tuition Fee
Scholarship Amount offered through Equity Scholarship  INR 5 Lakhs INR 5 Lakhs -

MICA Scholarship Eligibility Criteria

Particulars Scholarship Details 
Family Income Not exceeding INR 10 Lakhs per annum.
Students Academic Performance  Minimum CGPA of 3 in first year
Attendance  Minimum 80% across all subjects
Other Achievements  Winning state/national/international level competitions)

Check: MICA Ahmedabad Courses & Fees

MICA Scholarship Selection Process 

The candidates will be selected based on the Interview & interaction with the Scholarship Committee, which will include the MICA faculty and staff, and Prof. Bikram Bindra.

 

MICA Scholarship for FPM 

All the students admitted to the FPM program will be offered a fellowship and contingency allowance. The fellowship will provide a monthly stipend of INR 38K to INR 41K per month and a contingency grant to cover all the academic expenses like case material, books, travel, data collection expenses, thesis expenses, etc. 

The details fellowship offered to the FPM students are as follows:

Particulars Fellowship Details 
Monthly Stipend INR 38K (for first 2 years) INR 41K (for 3rd and 4th year)
Contingency Grant INR 25K (in first year) INR 30K (in 2nd & 3rd year each) INR 15K (in 4th year)

MICA Scholarship FAQs

Ques. Does MICA offer scholarships?

Ans. Yes MICA does offer scholarships to PGDM, PGDM-C, and PG Certificate in CCC students. 

Ques. How many students are offered scholarships at MICA?

Ans. A total of 25 -27 scholarships are offered every year by MICA. 

Ques. How much scholarship amount is offered by MICA?

Ans. MICA scholarships offer a 100% tuition fee and about 50% of the total students who receive scholarships get this. The remaining 50% of students are offered an INR 5 Lakh scholarship under Equity Scholarship. 

Ques. What is the Equity Scholarship offered to MICA students?

Ans. Equity Scholarship is sponsored by Prof. Bikram Bindra to the first-year students of PGDM and PGDM-C, based on merit cum means/means cum merit basis. It offers INR 5 Lakh scholarships to first-year PGDM students.