Merit cum Means Scholarship For batch 2024-26

The Institute provides the financial aid under the Jagannath Gupta Memorial Educational Society in the form of “Merit – cum – Means Scholarship” as per the details given below to the students in the 1st and 2nd year of PGDM / PGDM-IB and PGDM – RM programs of the Institute.

Category and Amount of Scholarship

Category I
For Scores in CAT /XAT Amount
Above 90 %tile 300000
Above 80 – 90 %tile 200000
Between 75 – 80 %tile 100000
Category II
For Scores in MAT /CMAT
Above 700 score in MAT & Above 85% in CMAT 50000
Category III
For Scores in Past Academic
Above 70% in 10th, 12th & Graduation (B. Tech/BE only) 50000
Category IV
EWS - (Document Need to be submitted) & Income Proof 20% of Tuition Fee


  • The student can avail any one scholarship out of Category I, II & III
  • The scholarship mentioned above are subject to submission of the documents & duly verified by the
  • concerned authority, and will be disbursed in 2nd, 3rd and 4 th installment after meeting the below mentioned criteria.

Eligibility for the scholarship

  • Students should have Min. 60% in Past Academics
  • Students have to maintain Min.65% in aggregate in each Trimester examination without any back paper and Min.75% attendance in each Trimester
  • In case of withdrawal of admission after the Second/third/fourth installment of fee, then candidate shall have to return the scholarship amount or the same shall be deducted from the refund if applicable as per the rules
  • In case a candidate getting a scholarship at the time of admission is not able to perform in few or all of the subsequent trimesters, he shall receive scholarships in only those Trimesters, where he / she is found eligible.