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BML Munjal University

A Hero Group Initiative


Scholarship Details

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    MBA Scholarship Criteria (2021-2023)

    • >95th percentile in CAT/XAT/GMAT
      Net benefit: 100% of the tuition fee
    • 90th to 94.9th percentile in CAT/XAT/GMAT
      Net benefit: 75% of the tuition fee
    • 85 th to 89.9th percentile in CAT/XAT/GMAT
      Net benefit: 50% of the tuition fee
    • 80th to 84.9th percentile in CAT/XAT/GMAT
      Net benefit: 25% of the tuition fee
    • 75th to 79.9th percentile in CAT/XAT/GMAT
      Net benefit: 10% of the tuition fee

    NMAT Scholarship

    • Score >195 in NMAT
      Net benefit: 50% of the tuition fee
    • Score from 181 to 195 in NMAT
      Net benefit: 25% of the tuition fee
    • Score from 160  to 180 in NMAT
      Net benefit: 10% of the tuition fee

    NOTE: All MBA 2021-23 scholarships based on NMAT have been granted. The scholarships are on a first-come, first-served basis.

    Scholarship policy

    Terms and conditions

    • The scholarship will be awarded based on the above criteria at the sole discretion of the Admission and Scholarship Committee
    • The scholarship is applicable on tuition fees of the programme
    • Terms and conditions would apply for all scholarship plans
    • Scholarships are not guaranteed to all the candidates fulfilling all the criteria.
    • There are a limited number of scholarships that will be served on a first-come-first-serve basis and will be withdrawn in case the offer is not accepted by the offer acceptance deadline date
    • The management reserves the right to change the scholarship policy as per their discretion
    • At any point of time during an academic year, a student can avail of benefits from one scholarship plan only. In the case of a student being eligible for a scholarship under multiple scholarship plans, he/she will be considered for the scholarship plan offering the highest amount of benefit.
    • The merit-based scholarship will initially be awarded to 40% of students for the first year only. To maintain/obtain a scholarship in the second year:
      • A student should be amongst the top 40% of the batch
      • A student should have a minimum of 7 CGPA at the end of the first year
      • A student should have maintained a minimum of 80% attendance across all course(s) in each semester in the previous year(s)
      • There should not have been any disciplinary action instituted against the student

    Other Scholarships

    • Defence Ward’s Scholarship at BML Munjal University: To show gratitude to and honor our valiant armed forces, 10% of all scholarships being offered by BMU are reserved for wards of serving and retired armed forces officers and other ranks, who are eligible as per admission process defined by the University. Please refer to Defence Ward’s Scholarship Policy for further details.
    • Ishan Uday: Scholarship scheme by the University Grants Commission (UGC) for students from the North Eastern Region(http://www.ugc.ac.in/ugc_notices.aspx)
    • Scholarship by the Ministry of Human Resources Development (MHRD): Central sector scholarship scheme for college and university students(http://mhrd.gov.in/scholarships-education-loan)
    • Hero MotoCorp E2: As part of its CSR initiative, Hero MotoCorp will provide scholarships to academically bright students under this scheme on the second-year basis their performance in their first year at BMU
    • Hero MotoCorp Hamari Pari: As part of its CSR initiative, specifically to encourage girl students to pursue engineering and management, Hero MotoCorp provides scholarships in the first year to academically bright but underprivileged girls to study at BML Munjal University
    • All Central & State Government Scheme/Scholarship: Students who wish to avail of the scholarship under various Central & State Government Scheme, students can apply independently on their respective portals.
    • Reservation of seats for students: Jammu & Kashmir and North East Region: Reservation of seats for students from Jammu & Kashmir (J&K) and North East Region (NER) will be as per Notification issued by the UGC and MHRD

    Haryana Domicile Admissions & Scholarships

    25% of seats for admissions in the university are reserved for students of the State of Haryana, out of which 10% seats are reserved for students belonging to Scheduled Castes of the State of Haryana.

    The fee structure for the twenty-five percent of the students who are domicile of Haryana shall be based on merit-cum-means and be as follows: –

    • one-fifth of the twenty-five percent shall be granted full fee concession;
    • two-fifth of the twenty-five percent shall be granted fifty percent fee concession
    • the balance two-fifth of the twenty-five percent shall be granted twenty-five percent fee concession.

    Haryana Domicile Scholarship will continue in the following year as per the provisions of the Act.

    Financial Assistance

    As per the Government of India’s policy, banks will facilitate educational loans up to INR. 7.5 lakhs without collateral security at concessional rates of interest announced by RBI. However, loans will be sanctioned by banks after compliance with standard norms and procedural formalities. BMU has made arrangements with various banks and financial institutions for speedy sanction and disbursal of education loans to students, provided they fulfill the loan criterion as per bank requirements. Candidates can apply using the following link for loans from various nationalized and private banks: Click here.

    MBA Programme start date: The session will start in July 2021
    Application Fee: ₹ 1500
    Total seats: The total intake for all the MBA programmes at BMU is 120

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