IIMC - Indian Institute of Management, Kolkata - Scholarship Details

Kolkata, West BengalAutonomous UniversityEstd 1961

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Written By Aparna Das

IIM Calcutta offers various scholarships to its 1st year & 2nd year PGDM students. Some of the popular scholarships of IIM Calcutta are B.P Poddar Scholarship, India Carbon Scholarship, TIL Scholarship, Aditya Kashyap Memorial Scholarship etc. IIM Calcutta students also get various scholarships & awards sponsored outside the organization like ABC India Award, Balmer Lawrie Award, Calcutta Management Association Trophy etc.

IIM Calcutta Scholarship Highlights

The below table represents the scholarships offered by IIM Calcutta:

Particulars	Scholarships & Awards
PGDM 1st Year	B.P. Poddar Scholarship India Carbon Scholarship T. T. Krishnamachari Award BPL Prize Damodar Valley Corporation Award For Creditable Performance Central Bank of India Prize For Best Performance In Finance Course Aditya Kashyap Memorial Scholarship (for 1st rank holder) P. R. Karthik Scholarship
PGDM 2nd Year	Dr. B. C. Roy Memorial Gold & Silver Medals Chairman's Prize John Wynne Prize
Sponsored Outside Organization	ABC India Award Balmer Lawrie Award Calcutta Management Association Trophy Calcutta Port Trust India Award B. S. Dua Memorial Prize for 2nd Rank holder Magunta Subbarami Reddy Award TIL Scholarship IIMC Alumni Association, Calcutta Chapter Prize IIMC Alumni Association, Calcutta Chapter Award for outstanding Academic Performance in PGDM by Taylor & Francis Book Prize Bengal Chamber of commerce Medal in the area of Human Resource Management Late Sumantra Ghoshal Award for Academic Excellence for receiving highest CGPA at the end of the two-year Post Graduate Programme Aditya Kashyap Memorial Scholarship for receiving highest CGPA

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IIM Calcutta: 1 Answered Question

What if I convert IIMs but don't have enough money to pay the fees?

Chandan PandeyStudied at Indian Institute of Management Udaipur

Trust me if you get into any IIM, banks will be after you to get loans from them. Banks consider an IIM student a good investment and therefore offer educational loans at a very low interest rate.

My uncle’s son had cleared CAT and got into IIM Calcutta. He got a loan from a bank at an extremely low interest rate. He had to deposit a demand draft of INR 3,23,050 at the time of the MBA registration process (second week of June). The rate of interest is 8.4%. After MBA, you will be in the 30% tax slab. The interest paid on an education loan is tax-deductible. So, your effective rate of interest is 8.4(1–0.3)=5.88%. This is the cheapest loan one can get in India. So it’s recommended that you take a loan even if you have money.

Banks like SBI, CBI, BOI, and PNB will give you loans as high as 30 lakhs without any collateral.

Apart from loans, IIM Calcutta also offers a lot of financial assistance to financially weak students. Need-based-scholarships are offered. IIM Calcutta provides Financial Assistance to students whose family income is less than 8 Lakhs.

Rather than worrying about money focus more on your goals and academics.

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