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Impact Institute of Management Studies banner
Impact Institute of Management Studies logo

Admissions open 2025-26

Impact Institute of Management Studies

Visvesvaraya Technological University (VTU),Management

 Sahakara Nagar SouthBangaloreIndia

4.5 / 5 (10 Reviews)
HomeImpact Institute of Management StudiesScholarship

Scholarship

ScholarshipCutOff / Eligibility Criteria
Academic Scholarships70%

The Impact Institute of Management Studies Scholarship is dedicated to fostering academic excellence by offering a range of scholarships designed to support students from various backgrounds &These scholarships aim to alleviate financial burdens and encourage students to pursue undergraduate and postgraduate degrees in fields related to management, commerce, and business studies & The scholarships are designed to support students excelling in academics, sports, and co-curricular activities, as well as those from economically disadvantaged backgrounds, minorities, & underrepresented communities,

Impact Institute of Management Studies Scholarship

The Impact Institute offers a variety of scholarships, each tailored to meet the unique needs of its student body & These scholarships are categorized into merit-based, need-based, and specialized scholarships, each serving a different purpose to ensure that deserving students can access higher education without financial constraints.

1. Undergraduate Scholarships

Commerce and Management Scholarships

The institute offers a range of scholarships for students pursuing undergraduate courses such as BBA, B.Com, BMS, & other related management courses & These scholarships are intended to motivate students to maintain high academic standards while providing financial assistance to those in need.

Know about the college scholarships at  Impact Institute of Management Scholarship Details.

Merit-Based Scholarships

Merit-based scholarships are granted to students who demonstrate outstanding academic performance in their 12th-grade exams or equivalent & The selection is based on the marks obtained by the candidates, as well as their performance in any entrance exams & These scholarships are aimed at students who consistently perform at a high level academically.

Need-Based Scholarships

Need-based scholarships are designed for students who come from economically disadvantaged backgrounds but show great potential in their studies & These scholarships are based on financial need and are granted to students who need financial support to continue their education.

Government-Sponsored Scholarships

The Impact Institute is partnered with various government schemes to offer scholarships for students from reserved categories (SC/ST/OBC) and economically weaker sections & These government-funded scholarships are aimed at promoting access to education for students from underprivileged backgrounds.

Undergraduate Scholarship Statistics

Year

Number of Students

Students Receiving Scholarships

Percentage Awarded

Average Scholarship Amount (INR)

2019

350

140

40%

22,000

2020

360

150

42%

25,000

2021

370

160

43%

28,000

2022

380

170

45%

30,000

2023

390

180

46%

32,000

2. Postgraduate Scholarships

MBA and M.Com Scholarships

For students pursuing postgraduate programs such as MBA (Master of Business Administration) and M.Com (Master of Commerce), the Impact Institute offers a variety of scholarships designed to promote higher education in management and commerce.

Merit-Based Scholarships

Postgraduate students with exceptional academic records in their undergraduate courses are eligible for merit-based scholarships & These scholarships are awarded based on performance in previous education, and entrance exams such as CAT, MAT, or institute-specific exams.

Need-Based Scholarships

Similar to the undergraduate scholarships, the postgraduate need-based scholarships are designed for students from low-income backgrounds & The selection process for these scholarships involves a detailed review of the student's financial need and academic performance.

Know about the college scholarships at Impact Institute of Management Studies Scholarship.

Industry-Sponsored Scholarships

Some scholarships are sponsored by industry partners who aim to support future business leaders & These industry-sponsored scholarships are often available for MBA students and may cover a portion or the entirety of the tuition fees & The industry’s involvement in these scholarships provides students with practical exposure to the business world.

Postgraduate Scholarship Statistics

Year

Number of Students

Students Receiving Scholarships

Percentage Awarded

Average Scholarship Amount (INR)

2019

120

60

50%

45,000

2020

125

65

52%

48,000

2021

130

70

54%

52,000

2022

135

75

56%

55,000

2023

140

80

57%

58,000

3. Specialized Scholarships at Impact Institute

In addition to the regular merit and need-based scholarships, the Impact Institute offers specialized scholarships to ensure inclusivity and diversity within its student body. & These scholarships cater to students excelling in extracurricular activities, those from minority backgrounds, and others requiring specific support.

Sports and Cultural Scholarships

Impact Institute acknowledges the importance of extracurricular achievements, particularly in sports and cultural activities & Students who demonstrate exceptional talent in sports, music, dance, or drama can apply for sports and cultural scholarships & These scholarships aim to support students by covering tuition fees and other related academic expenses.

Minority Scholarships

To encourage diversity and promote inclusion, the Impact Institute offers scholarships to students from minority communities & These scholarships are granted based on academic merit and financial need, providing a pathway for students from underrepresented groups to pursue their studies in commerce and management

Women’s Empowerment Scholarships

The institute actively promotes gender equality by offering scholarships specifically for female students pursuing courses in commerce and management & These scholarships encourage more women to participate in higher education and break barriers in traditionally & male-dominated fields like management.

First-Generation College Student Scholarships

These scholarships support students who are the first in their families to pursue higher education & First-generation college students often face additional challenges, & these scholarships provide financial relief and recognition to help them succeed in their academic journey.

4. Application Process for Scholarships at Impact Institute

The application process for scholarships at Impact Institute is straightforward and can be completed online or by visiting the administration office &  Below is a step-by-step guide to applying for the scholarships.

Step 1: Obtain the Scholarship Application Form

Students can download the scholarship application form from the official website or collect it from the scholarship office at the college & The forms are usually available at the beginning of the academic year.

Step 2: Complete the Application Form

The application form should be filled out accurately, providing necessary details about the student’s academic performance, financial background, & personal information.

Step 3: Attach Required Documents

Along with the application form & students must submit relevant documents such as:

  • Academic transcripts and certificates

  • Income certificate for assessing financial need

  • Entrance exam scorecard (for merit-based scholarships)

  • Identity proof (e.g., Aadhar card, passport)

Step 4: Submit the Application

Once the form is completed and the necessary documents are attached & students must submit their application to the scholarship office before the deadline.

Step 5: Follow-Up

After submission, students should follow up with the scholarship committee to track the progress of their application & confirm whether they have been awarded the scholarship.

5. Selection Process for Scholarships at Impact Institute

The selection process for scholarships involves careful evaluation based on various criteria:

Academic Merit

Priority is given to students with exceptional academic achievements in their previous education and entrance exams.

Financial Need

Students from low-income families are evaluated for need-based scholarships based on their family income & other financial documents.

Extracurricular Excellence

Students excelling in sports, cultural activities, or leadership roles are considered for specialized scholarships in these categories.

Category-Specific Considerations

For specialized scholarships like those for women, minorities, & first-generation college students, the selection process follows specific eligibility guidelines tailored to each category.

6. Important Deadlines for Scholarships at Impact Institute

While the scholarship application deadlines may vary each year, students can expect the following general timeline:

  • Application Start Date: The process typically begins after the admission process, usually in July or August.

  • Submission Deadline: The deadline is usually one month after the start of the application process.

  • Announcement of Results: The results are generally announced within 2-3 weeks after the deadline.

Know about the college scholarships at  Impact Institute of Management Scholarship Details.

Conclusion

The Impact Institute of Management Studies Scholarship is dedicated to helping students from various backgrounds access quality education in commerce & management & Through a combination of merit-based, need-based, and specialized scholarships, the institute ensures that deserving students can pursue their academic dreams without financial worries & Whether students are excelling academically, showing extraordinary skills in extracurricular activities, or coming from underprivileged backgrounds, the Impact Institute offers a variety of scholarships to support their journey toward success.



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