MYRA School of Business provides various scholarships to deserving and meritorious students. The following are the scholarships offered by MYRA Mysore:

PGDM 1 year Scholarship

• General Scholarships
• Special Scholarships

Awarded at the time of admission by the Office of Admissions: The application of each student who applies to MYRA will be evaluated as per the scholarship criteria of MSB; that gives students a scoring out of 10 in four criteria – Academic Profile, Entrance Test Score, Case Study Analysis, and Admissions Interview – totaling a score of 40. Apart from the stated scoring, students from a Defense Background are given an additional 5 points; and students with extra-curricular and sports representation at Intuitional (2), District (4), State (6), National (8), and International (10) levels get additional points as mentioned. Depending on the total score, the applicant will be eligible for the following scholarship amounts:

Awarded at the time of admission by the Scholarship Committee: Special scholarships are scholarships awarded by the scholarship committee and fall into different categories.

1. Candidates representing their country in international level sports or extra-curricular activities.
2. Candidates with very high scores in a qualifying entrance exam (CAT – 90% and above, XAT – 90% and above, GMAT – 720 and above, GRE – 322 and above, NMAT – 280 and above).
3. Merit cum means candidates who are outstanding but have limited or no financial means to pursue their PGDM.

These awards are for both Academic Years and are awarded against the availability of an annually approved scholarship budget. For the continuation of the award to the subsequent academic year, the Special Scholarship awardees need to maintain a minimum CGPA of 3.0 (with no incomplete grades in case of award categories above) and must maintain good standing with no student code violations or disciplinary issues.

PGDM 2 year Scholarship

The following scholarships awarded by the Scholarship Committee at the beginning of the Second Academic Year. The top 3 students, in terms of CGPA, will be awarded these scholarships as follows:

MYRA Merit Scholarships (M-Schools)

• Awarded to a set of students with the highest CGPA in PGDM1
• Awards range from Rupees 2.5 lakhs up to 5 lakhs.

MYRA High Performer Scholarships

• Awarded to students with the next highest bracket CGPA in PGDM1
• Awards range from Rupees 1 lakh up to 2 lakhs.

Note(s):

• Students with a history of Incomplete grades or AEPs or student honor code violations will not be eligible for these awards. To be fully enforced from PGDM-2023.
• Scholarships awarded by the Scholarship Committee at the beginning of the Second Academic Year. All students with a CGPA of 3.0 will be eligible for being considered for a general scholarship award. Students with honor code violations will be ineligible.
• There will be two types of scholarships, one for INR 50,000 (fifty thousand) and the second for INR 1,00,000 Lakh. The Scholarship Committee will set the criteria as well as the number of these awards annually.