Does IIM Ahmedabad still have the policy to call all 100 percentilers in CAT for an interview? What are the other necessary conditions?

In 2021, the required cutoff for IIM Ahmedabad was 99-100. But just scoring 100 percentile in CAT, won’t get you an interview call. You must satisfy the eligibility criteria in terms of 10th, 12th, Graduation marks, and CAT percentile. The shortlist for an interview is made by considering past academic performance and CAT percentile. So, if your past academic record is poor, you may not get a call for an interview, even with a 100 percentile.

How can a graduated aspirant with a year drop improvise her resume for IIM Ahmedabad?

Every student with a gap year in their resume should be prepared for the question - ‘Why did you take a gap year?’, during your interview. The interview panelists are genuinely interested to know how you made the most of your break. You should be honest while replying to this question. You can simply answer that you needed more time for preparation. During your break year, you can do volunteer work during weekends or learn something new. If you opted out of campus placements, you can do research projects or internships with your professor. You can do some certification or take examinations, in your field of interest, such as CFA/FRM. These will help showcase that you have spent your time productively.

What are the investment banking companies recruiting at IIM Ahmedabad?

Few top bulge bracket investment banks like Goldman, JP Morgan, Citi, Morgan Stanley, BAML, Credit Suisse recruit at the analyst level at IIM Ahmedabad. The base salary of analysts is in the range of INR 35-40 lakhs. But you should know that getting into IDB has become quite difficult over the years. On average around 10 students get IDB offers from IIMA due to limited job openings.

What is the procedure involved when visiting the IIM Ahmedabad campus?

There is no proper procedure. If you want to visit the campus, you can make an entry in the register at the gate. It will be even easier if you know someone from the campus. Guards at the gate aren’t too finicky about people who want to get inside to see the campus. Although they stop those who are coming by vehicle.

Do IIM Ahmedabad students get the highest package in the world on an average?

Yes, IIM Ahmedabad graduates are among the highest-paid in the world. According to IIM Ahmedabad placements od recent years, students usually receive an average CTC of INR 27.60 LPA. The highest domestic CTC goes up to INR 55 LPA. While the median international package for the institute is USD 1.04 lakhs per annum. The salary packages received by IIMA students can be compared to top B-School across the world such as Harvard, INSEAD, etc.

How is the IIM Ahmedabad HEC Paris double degree structured?

IIM Ahmedabad HEC Paris Double Degree program requires students to spend two terms abroad. Students enrolled in this double degree program have access to hundreds of electives. These electives can be broadly categorized into 13 subject areas. These electives include in-class courses, field courses, independent study, etc. Students need to complete around 15.50-18.50 credits.

Which of the following is better, ISI Kolkata or IIM Ahmedabad for an economic honours student?

If you want better placement opportunities after completing your degree then choosing IIM A over ISI Kolkata will be better. IIM A is well known for its high ROI. The average CTC offered during 2021 placements was INR 25 LPA. Course fee at IIM A is comparably higher than ISI Kolkata. IIM A fees for this academic year are INR 22 lakhs. If you aren’t interested in the analytics field or pursuing a Ph.D. then choosing IIM A will be better.

What are my chances of getting into IIM Ahmedabad as a fresher?

You have a good chance of getting admission into IIM Ahmedabad. Each batch profile has around 25% of freshers. So, you will get to meet many freshers on campus. There are also many companies that recruit freshers through IIM Ahmedabad. So, focus on getting a good percentile in CAT to secure admission into IIM Ahmedabad.

What are the fees of IIM Ahmedabad Institute for an MBA?

IIM Ahmedabad MBA fees for 2021-23 batch is INR 23 Lakhs. The total fees include tuition fees, accommodation mess charges, and other charges. The details are as follows. Tuition Fee INR 16,99,000 Other Charges INR 5,01,000 Total INR 23,00,000 IIM Ahmedabad offers financial aid to deserving students. There are also various education loans on offer that can help you finance your degree.

What was your daily schedule while at IIM Ahmedabad?

Life at IIM Ahmedabad is much more than academics. A typical day on the campus starts around 8:15 am for most students. They usually grab something to eat on their way to class. The lectures start at 8:45 am sharp. If you are late, you won’t be able the attend your lecture that day. Lectures go on till 1:10 pm. Students spend around 45 minutes wondering whether they have a surprise quiz that day or not. The notification regarding the surprise quiz comes around 1:45 pm from the academic office. Students who get quizzes start last min prep. Others enjoy their lunch. Quiz usually goes on till 3:15 pm. During afternoon, some take a nap, some students engage in club activities or sports. After dinner, students do their assignments, group projects, class preparation for the next day. This usually takes up until 2 am, even some more time on certain days. This is how the cycle repeats.

IIMA - Indian Institute of Management, Ahmedabad

IIM Ahmedabad Scholarships are offered with the sole objective to ensure that no student is left out from the opportunity to pursue PGP / PGP- FABM at IIM Ahmedabad. Thus, IIM Ahmedabad has initiated Need based Scholarships over and above other financial assistance offered by the Government of India, Alumni and even industries/ corporations.

Have a detailed look at the various IIM Ahmedabad Scholarships available for students:-

Table of Content

Scholarships offered by IIM Ahmedabad
Scholarships offered by Government of India
Scholarships offered by Alumni
General rules and regulations for qualifying for IIM Ahmedabad Scholarships

Scholarships offered by IIM Ahmedabad

IIM Ahmedabad Special Need Based Scholarships

Eligibility:- Students in PGP & PGP-FABM with gross annual family income less than INR 15,00,000 during the previous fiscal year are eligible to apply, subject to verification.

Factors like a candidate's past earnings (if any), the size of their student loans, and their family's income.

Family’s income shall be estimated of both parent/guardian/s and spouse if married. The income before tax deduction shall be considered.

Scholarship amount:- IIM Ahmedabad will review each applicant's economic situation using factors like family's movable and immovable assets, the number of dependents, and factors it may find relevant in order to calculate the amount of financial aid they will need.

Check IIM Ahmedabad Course and Fees

IIM Ahmedabad Scholarships for SC/ST’s

For 10 months, all postgraduate SC/ST students receive a scholarship of INR 150 per month.

IIM Ahmedabad Exit Scholarships

IIM Ahmedabad Exit Scholarships are further classified into the following scholarships:-

Students who graduate from IIM Ahmedabad and going for entrepreneurship

Eligibility:- The mentioned monthly stipend shall be provided for at most three consecutive years to two students from every batch opting out of placements and having business ideas.

Scholarship amount:- A monthly stipend of INR 30,000 is initiated by IIM Ahmedabad with an aim to encourage the graduating students to become entrepreneurs.

IIM Ahmedabad graduates who join “Not-for-Profit” organization

Eligibility:- Two students from each batch will receive financial aid for a maximum of three consecutive years in an effort to choose careers in non-profit organizations.

Scholarship amount:- The amount of financial aid per student might range from INR 3.0 to 4.0 lakhs annually.

Financial Assistance for students who graduate from IIM Ahmedabad and pursue doctoral studies

Eligibility:- Two students will each get this grant for a maximum of three years to encourage them to pursue PhD studies in India or abroad.

Scholarship amount:- Scholarship amounts might range from INR 3.0 to 4.0 lakhs per student per year.

Check IIM Ahmedabad Faculty

Scholarships offered by Government of India

IIM Ahmedabad SC/ST Scholarships (Merit-cum means))

Eligibility:- The financial aid is awarded to meritorious SC/ST students, whose family income does not exceed INR 4,50,000 per annum.

Minority Welfare Scholarships (Merit-cum-Means)

Eligibility:- Students from the minority communities, whose family income does not exceed INR2.50 lakhs per annum. The financial assistance is rewarded by the Ministry of Minority Affairs, Govt. of India.

Scholarships for Students with Disabilities (Merit-cum-Means)

Eligibility:- Awarded to meritorious DA/PWD students, whose family income does not exceed INR6,00,000 per annum.

Check for more details IIM Ahmedabad Placements

Scholarships offered by Alumni

PGP Alumni Endowment Funds

Eligibility:- 9 students from PGP 1 & PGP/FABM II students from economically and socially challenged backgrounds.The eligible students shall be based on their financial status, every year.

Scholarship amount:- Each student would be eligible to get an amount in the range of INR 2,00,000 - 3,00,000.

Important:- Beneficiary students availing financial aid should ensure to contribute within 5-7 years of their graduation, a sum at least equal to but preferably substantially more than what s/he received towards providing similar support to such students.

Check IIM Ahmedabad Cutoff

Class of PGP 2001, Peri Viswanath Scholarship

Brought into execution since batch 2013-15, by the batch-mates of Mr. Peri Viswanath who died in a road accident, this scholarship aims to extend financial support to one student in the PGP/PGP-FABM.

Eligibility:- The merit criterion being the first year performance in PGP/PGP-FABM and past academic and the mean criterion of annual family income below INR 15,00,000.

Scholarship Amount:- The amount of the financial assistance is INR 2,00,000 per year and the scholar will get INR 4,00,000 over 2 years. The criteria for the award would be Merit-cum-Means.

Important:- To be awarded at the beginning of the second year, the beneficiary student should contribute in future (within and not later than 5-7 years of passing out from the institute) a sum at least equal to but preferably substantially more than what s/he received towards providing similar support to such students.

Check for more details. IIM Ahmedabad Admissions 2024

Shri GC Mital Entrepreneurship Aid

Eligibility:- Only 1 student (who will be the graduating student of PGP/PGP-FABM, who intends to start own venture, opting out of the IIM Ahmedabad placement process), with an educational loan of a minimum INR 1,00,000 and those with a combined family income below INR 8,00,000 per annum.

The selection of the awardee shall be done on the basis of a business plan submitted by the applicant.

Scholarship Amount:- The aid amount of INR 2,00,000 would be given to the student on the day of convocation. The above financial aid has been implemented from the batch of 2012.

Smt. J Nagamma Memorial Award

Eligibility:- Awarded to one PGP first year student at the end of first year as a merit scholarship based on academic performance.

Scholarship Amount:- The scholarship amount is INR 15,000.

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General rules and regulations for qualifying for IIM Ahmedabad Scholarships

Following are the general rules and regulations for qualifying IIM Ahmedabad Scholarships:-

Students violating the Institute’s disciplinary norms or proved to be guilty of misconduct will not be considered for the award of any scholarships.

A student can accept more than one scholarship/financial aid in an academic year, provided:-i) there is no objection from the sponsors, and ii) the total amount of such scholarships/financial aid put together does not exceed the actual yearly expenses.

The Institute reserves the right to withdraw a scholarship/financial aid already awarded on the grounds: (i) providing false information in the scholarship application, (ii) violation of institute’s disciplinary norms, and (iii) misconduct.