Scholarships & Reductions at Muthoot Business School
What scholarships are available at Muthoot Business School and how are they awarded?
Muthoot Business School offers performance-based scholarships of up to 100% fee waiver for Year 1 of the PGDM program. Scholarships are primarily based on CAT and MAT percentiles, and subject to merit and availability.
What scholarships are available based on CAT scores?
| CAT Percentile | Scholarship | Year 1 Fee Payable |
|---|
| 96–100 | 100% | ₹0 |
| 91–95 | 90% | ₹49,000 |
| 85–90 | 80% | ₹98,000 |
| 80–85 | 75% | ₹1,22,500 |
| 75–80 | 70% | ₹1,47,000 |
What scholarships are available based on MAT scores?
| MAT Percentile | Scholarship | Year 1 Fee Payable |
|---|
| 96–100 | 90% | ₹49,000 |
| 91–95 | 80% | ₹98,000 |
| 85–90 | 75% | ₹1,22,500 |
| 80–85 | 70% | ₹1,47,000 |
| 75–80 | 65% | ₹1,71,500
|
Are these scholarships applicable for both years?
No. These scholarships apply only to the first year of the PGDM program.
The second-year fee remains ₹4.90L for all students, regardless of scholarship status.
Can students apply for scholarships based on other criteria?
Yes. The school may also consider:
-
Other merit-based criteria
-
Financial need, as assessed individually
-
Performance in the selection process (interview + test)
Note: These are subject to availability and discretion of the school.
Are scholarships guaranteed?
No. Scholarships are:
-
Limited in number
-
Awarded based on test performance, merit, and seat availability
-
Finalized only after admission and verification
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