CAT 2024 SCHOLARSHIP
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CAT Scholarships are offered by premier IIMs and other B schools on the basis of CAT scores. Prestigious IIMs like IIM Ahmedabad, Lucknow, and Bangalore provide government-aided and special scholarships to students based on their CAT scores, academic performance, and economic background.
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The elite institute provides a need-based scholarship for economically weak students. The scholarship amount is based on the annual gross family income. For an instance,
S.No. | Name of the Scholarship | Eligibility Criteria | Amount |
---|---|---|---|
1. | IIMA Special Need Based Scholarships | For economically weak students who wish to pursue PGP or PGP-ABM. This is a fee waiver scheme offered on the basis of the family income of the student. | Depends on the annual gross family income |
2. | Family Income Linked Tuition Fee Waiver Scheme | Students whose total family income is less than Rs. 6 lakh in the previous financial year. | NA |
3. | IIMA Special Scholarships (need-based) | Students who have a total family income of less than Rs. 200,000 as of the last financial year. The salaries of parents/guardians and spouse are considered for this and the income of the student or his siblings are not considered. | NA |
4. | Industry Scholarships (need-based) | Students who are not registered for the IIMA special scholarships can apply | NA |
5. | SC/ST Scholarships | Only SC/ST category students having valid certificates can apply for this scholarship. | Rs.150 per month for 10 months |
6. | GOI Merit-cum-Means Scholarships | At least 25% students belonging to the non-sponsored student body from both first and second year are awarded this scholarship. | Rs.2,200 per year |
7. | Aditya Birla Group Scholarships | Candidates are shortlisted by ABG on the basis of merit. Around six students are shortlisted. | Rs.1.25 lakh per student per annum |
8. | OP Jindal Engineering and Management Scholars | Two students are shortlisted for this scholarship based on the academic performance of the students and an online test along with a personal interview. | NA |
9. | Dunia Scholarships for scholastic excellence | Two students are shortlisted for this scholarship on the basis of merit. | Rs.100,000 per student |
10. | Ocwen Scholarship for Competence in Academics | The scholarship is given to a first-year student who is shortlisted through a research paper and PI. | NA |
11. | ONGC SC/ST Merit-cum-Means Scholarships | Few of the SC/ST students are shortlisted for this scholarship. | NA |
12. | State Scholarship | State Governments sometimes fund the education of some of the best students from those states. | NA |
Read MoreIIM Ahmedabad Admission Criteria and CAT Cutoff
The scholarship committee undertakes the two-step process for deciding the number of scholarship awardees. Along with the financial aid which is provided on the basis of financial needs there are certainly other scholarships that can be availed by the students by fulling the required criteria.
S.No. | Name of the Scholarship | Eligibility Criteria | Amount |
---|---|---|---|
1. | Aditya Birla Scholarship | Few students from both first and second year are shortlisted who belong to the top 25% students of their respective batches in terms of performance. | Rs.175,000 per student |
2. | Uday Nayak Scholarship | A second-year student is shortlisted for this scholarship. | Rs.10,000 |
3. | T Thomas Scholarship | A second-year student is shortlisted for this scholarship based on merit. | Rs.100,000 |
4. | OPJEMS Scholarship | Two students are shortlisted for this scholarship one each from first and second year. | Rs.125,000 per student |
5. | Rajesh Kaushik Memorial Scholarship | Selection is strictly merit based. | Rs.150,000 per annum |
6. | Ocwen Financial Solutions Private Limited | One of the students is shortlisted on the basis of research paper submitted by the students. | Rs.180,000 |
7. | Cognizant Technology Solutions - B’izard Scholar | Three students are shortlisted on the basis of academic excellence, leadership qualities and willingness to serve the community and study further in the same field. | Winner: Rs.3 lakhs, 1st Runner-up: Rs.2 lakhs and 2nd Runner-up: Rs.3 lakhs |
8. | Societe Generale Global Solution Centre India Scholarship | Students in need are nominated by the institute and are shortlisted on the basis of interviews. | Full tuition fee waiver |
Different scholarships provided by the institute are:
S.No. | Name of the Scholarship | Eligibility Criteria | Amount |
---|---|---|---|
1. | Need-Based IIML Scholarships | 15% students from a batch are offered scholarships on the basis of family income and previous academic performance. Students having a family income less than Rs.150,000 can apply. | NA |
2. | Industry Sponsored Scholarships | Students are shortlisted from every year based on their academic performance | Varies from Rs.6,000 to Rs.100,000 p.a. |
3. | Merit-cum-Means Scholarships | 25% of the students subject to specified norms are shortlisted for this scholarship | Rs.2200 per student p.a. |
4. | Bharti Scholarship | Students whose annual income is less than Rs.1.08 lacks from both first and second year are eligible to apply. | Rs.50,000 p.a. |
5. | SC/ST Scholarships | All SC/ST students are eligible to apply | Rs.1500 p.a. |
6. | Other Scholarships | Students are shortlisted based on family income and their fees and maintenance charges are covered by the government of the state to which the candidate belongs. | NA |
Read MoreIIM Lucknow Admission Criteria
Read about various other top B-schools that offers scholarships based in CAT Score.
IRMA provides scholarships from Sir Ratan Tata. Also, more than 15 other scholarships are made available by the Ministry of Social Justice and Empowerment that covers the entire cost of education of SC/ST candidates Another 5 scholarships from the Ministry of Tribal Affairs and a National Dairy Development Board scholarship can be availed by the SC/ST candidates.
ISB awards scholarships both on the basis of need and merit. It also provides a fee remission to candidates performing up to the standards set up by the institute. The scholarship varies in amount which includes some full scholarships! So if you believe you have the potential and can prove it, there is no boundary here and you can and must take admission in this institute.
The ISB also partners with several corporates to provide scholarships during the course of the academic year in which Citibank, HSBC and Novartis Group offer scholarships up to INR 6 Lacs.
Also, 10 Global Scholarships are offered to ten applicants from ten different international geographic areas and the scholarship amount ranges from INR 3 Lacs to INR 15 Lacs.
Institute | Details |
---|---|
T.A. Pai Management Institute, Manipal Scholarships | Scholarship of INR 1 Lac to the top three performing students in both the years of MBA Program along with hgh CAT Score |
Management Development Institute, Gurgaon Scholarships | Merit Scholarships of INR 10,000 are given to five students. An additional Bharti Foundation Scholarship is also awarded on the basis of merit. |
National Institute of Management, Mumbai Scholarships | Need-based concession in the tuition fee to the extent of 30% is given to the students whose family income is less than INR 150,000 (for PGDIM/PGDISEM/PGDITM students) |
Jaipuria Institute of Management, Lucknow Scholarships | Scholarships based on a student’s performance in their respective entrance examination through which they have taken admission in the institute for first year and later on for the second year, the scholarships are given to the first three rank holders |
Welingkar Institute of Management Development and Research | Topper awarded 100% fee waiver, second ranker awarded a laptop and third ranker a foreign sponsored internship. |
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There is a variety of scholarships provided at Indus Business Academy, Bangalore. Scholarship of INR 10,000 is provided via Merit-cum-means scholarships and corporate scholarships. Thus, a working professional gets help from the employer.
IBA provides a scholarship of INR 30,000 to students who have secured
A scholarship of INR 40,000 is provided to candidates who secure
We hope you found the information helpful and you were able to arrive at a conclusion. The awards being offered must also give you a boost to perform so well that you can be benefited from the scholarships enlisted above.
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Ques. Do IIMs provide CAT scholarships to students with a 99+ percentile?
Ans. The IIMs do not provide any specific CAT scholarships based on the percentile. However, they provide financial assistance based on the annual income of the family and their overall track record. Once a student gets admitted to one of the IIMs, the monetary issues will likely not be a problem.
Ques. Can a CAT AIR-1 holder receive 100% scholarships in the top IIMs?
Ans. CAT scholarships do not depend on the CAT percentiles. The only criteria for availing of the scholarships are that the candidate must have performed well in the first two terms and the annual family income must be less than 6 lakhs. However, the students must remember that 100% scholarships will only be given on the tuition fees and not on other expenses.
Ques. What is the CAT scholarship for IMS Jaipur?
Ans. IMS Jaipur conducts a National Scholarship Test for the students. The students who have achieved a certain CAT score will benefit from the scholarships. The details for the same are given below:
Marks Scored | Percentage Waive off |
61 – 90 | 75% |
46 – 60 | 50% |
31 – 45 | 30% |
21 – 30 | 20% |
0 – 20 | 10% |
Ques. What is the industry-sponsored CAT scholarship in IIM Lucknow?
Ans. Every year, the students are shortlisted on the basis of their academic performance. The CAT scholarship amount for these students varies from INR 6 thousand per annum and 1 lakh per annum. The candidates need to secure high scores to avail the benefits of this scholarship.
Ques. Does Amity University provide CAT scholarships?
Ans. Yes, Amity University provides CAT scholarships. However, it is only given to those students who manage to secure at least 93 percentile. It is continued based on the academic performance of the student.
Ques. How can one avail of a CAT scholarship?
Ans. After the result declaration of CAT, merit is prepared by the authorities. The students who qualify the merit are further shortlisted based on the academic performance. These students are hence, called for an online test along with a personal interview.
Ques. Is clearing CAT enough for getting scholarships?
Ans. No, clearing CAT is not enough for getting scholarships. If a student wants to receive a CAT scholarship, he needs to perform well throughout. The criteria for the same varies with different business schools.
Ques. Which private business schools offer CAT Scholarships?
Ans. The private business school which offers CAT Scholarships are IBA, LPU, and SRM. These institutions give a fee waiver for students with high CAT percentiles. Hence, to receive the benefits of scholarships, the students must secure higher CAT scores.
Ans. Before taking any decision, you must go through all three options that you have in great detail. There are a few reasons why you should not go for IIM-Kozhikode. First, the fees are extremely high, estimated to be around Rs 19.00 lakh. Second, the average package offered at IIMK is around 16-17L, and you will earn more than that after two years. But, once again, if you are desperate for an MBA, you can enroll in IIMK, which comes with the 'IIM' label, which will be very useful in the long run. Give CAT once more. You only need to get a high CAT score and then leave the rest up to their selection process. Second, CAT is extremely unpredictable. With proper preparation, you can achieve excellent results. So, if you're willing to work another year and are confident enough to take the CAT, this is the perfect way to take it. You should look into PGPX from ISB or elsewhere. This option is appealing, but it requires hard work and careful consideration. If you enjoy working in IT and want to advance quickly, this is the path to take. Read more
Ans. Every IIMS and other management colleges make a shortlist based on the percentile after CAT result is declared. With percentile, IIMs also consider other factors like academics, category, gender factor, diversity, etc. The list is made for the second round i.e. GD/PI or WAT/PI. GD/WAT will have a generic topic. There can be a topic from current affairs. PI is taken by some of the faculty and alumni of the institute. In institutes like FMS, there is an extempore after PI. After these rounds, a final shortlist is made with weightage given to GD/PI or WAT/PI performance and CAT percentile. Individual IIMs also have some additional factors. The offer letters are then sent out to top candidates in each category up to the maximum number of seats. The rest candidates are waitlisted. As students choose admissions, the waitlist continues to change. Read more
Ans. I know this decision is a bit difficult to make. What you need to keep in mind is that these two colleges should not be compared to other great IIMs or even ISBs. Those B Schools are at another level and cannot be on par with Kashipur or Raipur. To facilitate a better decision, I will mention the circumstances of these B Schools then you can choose after considering all options. IIM Indore and IIM Kashipur: Both these colleges are not worth a year drop as they will help you earn only an extra 1.5-2 LPA. Moreover, in the coming years, Kashipur and Raipur will have almost the same brand value as that Indore and Kozhikode. IIM Ahmedabad, Calcutta, Lucknow and Bangalore: All these top IIMs are definitely worth a year's drop provided that you are confident enough to cope with the cutoff. All these IIMs consider your academics while selecting so if that is your reason for the year drop I don’t think it will help. There is no surety of admission even after a percentile of 100. ISB: This one is at a whole different level and is in the category of elite B Schools like UCB, NYU, HBS, etc. The top-notch faculty offers amazing pedagogy at relatively low fees. CAT is sufficient for IIMs. But if you want to go for ISB, a work experience of 4+ years and a GMAT are a must. Read more
Ans. IIMs shortlists students for admission based on their CAT score. The second step of selection is GD-PI. For final selection, students are usually shortlisted based on their past academic performance, entrance examination score, and performance in GD-PI. IIMs also consider other factors such as work experience, gender diversity, academic diversity, etc. while shortlisting students. Weights given to these factors are different for different IIMs. Having relevant work experience can certainly help you get a shortlist. Read more
Ans. Everyone knows that IIM A values diversity over grades. There have been students who were not even waitlisted at IIM K but were at IIM A due to their extremely unique profiles. If you want to build a profile for IIM A, strive for originality. Do something that no one else is doing, such as starting a blog, having a strong digital presence on Instagram, writing on Quora, and so on. Consider what students with a 99 percentile typically do, such as being brilliant in academics and receiving a call from IIM Ahmedabad. Choose a domain in which these students are unlikely to excel and excel in that domain. Furthermore, activities such as writing a blog or hosting a YouTube channel will undoubtedly help you, in the long run, to secure summer and final placements during your MBA. As a result, you will gain valuable insights and hands-on experience with various social media tools such as SEO, SEM, Analytics, and so on. Read more
Ans. If you are aiming for old IIMs such as IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, you will need to score above 99 percentile in CAT. For IIMs and other top-tier B-Schools in India, the CAT cutoff stays above 90 percentile. If you have a good profile, and 99+ CAT score, you can expect to get calls from old IIMs, XLRI, JBIMS, IIFT, FMS, etc. Read more
Ans. Here are some of the things that you will realize after appearing for the CAT examination. Spend the first few minutes going over the papers before diving in. Browse through the problems and start with the ones that you know you can solve in one go. CAT prioritizes solving not sequence. If you aren’t sure about an answer, leave it. Concentrate on other problems. You shouldn’t spend more than 2-3 minutes on a single problem. Don’t use the elimination method, if you can solve the problem in less than 1 minute. Do rough work thoroughly. Don’t answer any questions, just by guessing. There will be a few lengthy questions. Try to ignore these. Even CAT toppers don’t score the full marks. CAT doesn’t test your knowledge. The only thing matters are how much you score. So, try to attempt as many questions as you can correctly. Read more
Ans. You need to practice a lot in order to be able to solve Quantitative Aptitude in the CAT examination. Quants involve using mathematical ability as well as imagination. You need to memorize some concepts as well as formulas. CAT syllabus for Quants includes a lot of topics that we have studied in 9th and 10th and only the application is different for topics such as PNC & Algebra, Numbers, etc. Most important topics in terms of weightage are as follows. Arithmetic Algebra Geometry Numbers P&C, Series, Log Several chapters are easy and can be completed in a short period of time. You should start your preparation with numbers, it is the base for the quants topics. Once you are a clear knowledge of the topics, start giving time-based mocks. Analyze the mocks and work on the common mistakes that you made. Read more
Ans. Yes, average students can crack CAT. Students who get through CAT at one go, have the right aptitude for CAT, which was built over time. They have been practicing Maths right from their school days and have been avid readers. If you are average at your studies, you need to spend a lot of time practicing, in order to score good percentile in CAT. Most students usually have gaps in Maths or DILR or English. You need to put in the extra hours to bridge the gap. Find out the subjects in which you are weak, clear the basics, and practice as much as you can. Read more
Ans. Take a look at the below table to know what CAT score will fetch what CAT percentile, for 2022. Percentile Score VA-RC Score DI-LR Score QA Overall Score 90% 29 1 26 72 95% 32 20 29 81 In 2021, for 90 percentile the required score was 59 and for 95 percentile the required score was 72. Read more
*The article might have information for the previous academic years, which will be updated soon subject to the notification issued by the University/College
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