ITM Business School's attractive PGDM (MBA) iSET/iFirst Scholarship program, which grants deserving students a tuition discount of up to 100% depending on their performance. In order to be eligible, candidates must complete ITM's admissions process, have at least a 50% in their degree, and pass an approved entrance exam (CAT, XAT, CMAT, GMAT, MAT, ATMA, NMAT, or CET). Scholarships are awarded in tiers: first place is fully waived, while second, third, and fourth place receive waivers of 50%, 25%, and 10%, respectively. In addition to lessening their educational burden, exceptional students can concentrate on their academic performance and long-term professional development thanks to this merit-based financial assistance.
ITM Business School iSET Scholarship
The ITM Business School iSET Scholarship is a merit-based initiative that offers MBA and PGDM candidates up to a 100% tuition waiver. Supported by ITM Trust, it increases access to top-notch management education by rewarding students who do well on a scholarship exam and show great academic ability. Check below mention iSET Scholarship details:
| Aspect | Detail |
|---|---|
| Eligibility | Minimum 50% in graduation; must clear ITM admission process; valid score in CAT / XAT / CMAT / GMAT / MAT / ATMA / NMAT / State CET. |
| Scholarship Tiers | - 1st Rank: 100% tuition waiver (10 scholarships) - 2nd Rank: 50% (15 scholarships) - 3rd Rank: 25% (30 scholarships) - 4th Rank: 10% (100 scholarships) |
| Funding Source | Fully funded by ITM Trust. |
| Scholarship Validity | Applicable for the first year only. |
| Total Scholarship Pool | More than INR 1 Crore for free tuition scholarships (across campuses) |
ITM Business School iSET Scholarship Test Eligibility
The iSET Scholarship exam eligibility at ITM Business School needs candidates to have obtained a minimum of 50% in their graduation and to clear ITM’s admission process. According to UGC and AICTE standards, candidates must have a valid score in at least one recognised entrance test, such as the CAT, XAT, CMAT, GMAT, MAT, ATMA, NMAT, or a State CET.
ITM iSET Scholarship Terms and Conditions
The iSET Scholarship Terms & Conditions at ITM Business School define the formal guidelines governing the award. The scholarship covers a total amount surpassing INR 1 Crore (across all schools), subject to candidates meeting merit criteria. Performance in the ordinary admissions procedure has no bearing on the scholarship decision; the scholarship exam is administered concurrently with the entrance round. Only the results of the scholarship test are used to determine rewards. A week after the test, the winners are revealed. Crucially, all scholarships are only good for the first year of the MBA/PGDM program.
ITM Business School FAQs
What is the ITM Business School scholarship program?
Ans. The ITM Business School scholarship program is a merit-based financial assistance initiative designed to help deserving students reduce their academic expenses while pursuing PGDM programs at ITM Business School.
Who can apply for the ITM Business School scholarship?
Ans. Any candidate who meets the academic criteria, entrance exam requirements, and admission process of ITM Business School can apply for the ITM Business School scholarship.
Does ITM Business School offer 100% scholarships?
Ans. Yes, ITM Business School offers up to 100% tuition fee waivers through its iSET and iFirst scholarship schemes, based on performance in the ITM Business School scholarship test.
Is the ITM Business School scholarship exam mandatory?
Ans. Yes, to be considered for merit-based financial aid, students must appear for the ITM Business School scholarship exam conducted during the admission round.
What entrance exams are accepted for the ITM Business School scholarship?
Ans. ITM Business School accepts valid scores from entrance exams like CAT, XAT, CMAT, GMAT, NMAT, MAT, ATMA, and state CETs as part of the eligibility for the ITM Business School scholarship.
What is the minimum graduation score required for the ITM Business School scholarship?
Ans. A minimum of 50% in graduation is required for eligibility to apply for the ITM Business School scholarship.
Does the ITM Business School scholarship cover all campuses?
Ans. Yes, the ITM Business School scholarship is available across multiple ITM Business School campuses offering PGDM programs.

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