FIIB Scholarships 2026-27: TAP, Future Leaders Fellowship, Need-Based and Merit Awards
Last updated: October 2026
Does FIIB give scholarships? Yes, quite a few. Fortune Institute of International Business, New Delhi, lists the Tuition Assistance Programme (TAP), Need-Based Scholarships (NBS), the RK Shrivastava Scholarship and the Future Leaders Fellowship for its full-time PGDM and PGDM-FM students.
The big numbers: TAP goes up to Rs 2,80,000 per student, and the Future Leaders Fellowship covers 100% of PGDM tuition for a handful of selected fellows. FIIB says it puts over Rs 22.5 crore a year into scholarships.
But "up to" means up to. Each scheme has its own rules and selection, so check eligibility, deadline, what fee it covers and when you actually get the money, all in writing.
Important: FIIB Scholarships Are Not Automatic
FIIB's Student Handbook says offers are communicated formally and depend on verification and conditions. Wait for the written award.
What this means for you
- Maximum is not guaranteed: Rs 2,80,000 is the TAP ceiling, not everyone's amount.
- Conditions apply: attendance, GPA, conduct, PDP and fee clearance.
- Paid later: the handbook says payment comes after completion and a convocation NOC.
- Separate schemes: TAP, NBS, RK Shrivastava and the Fellowship have different rules.
Ask admissions which schemes are open for your intake.
How FIIB Scholarships Work
Merit and merit-cum-need support.
- Academics, entrance score and work experience can count.
- Diversity, special-category status and achievements count for TAP.
- Financial need counts for NBS and the President Enable Scholarship.
- First-year CGPA decides the RK Shrivastava award.
- Leadership selection decides the Future Leaders Fellowship.
- FIIB says there are five scholarship categories.
Merit-Based Scholarships: Programme-Wise Breakdown
Jump straight to your programme:
| Category Considered | Example |
|---|---|
| Academic qualifications | Strong school and college record |
| Competitive exam score | CAT, XAT and others |
| Work experience | Including 1+ year full-time with a registered NGO or non-profit |
| Special category | Diversity and inclusion |
| Achievements | National or international sports, art, literary or social work |
Up to Rs 2,80,000 per student; final amount as per FIIB.
For deserving PGDM and PGDM-FM candidates.
| Stage | What Happens |
|---|---|
| Nomination | Route as per the current cycle |
| FIIB application | Apply to the PGDM |
| Leadership assessment / profile review | Shortlisting |
| Final jury round | Selection of fellows |
Highly selective, not a general scholarship.
100% PGDM tuition waiver for selected fellows. Collegedunia says about 10 students a year, confirmed in Term II.
| Who | Basis |
|---|---|
| Top 3, PGDM | First-year CGPA |
| Top 3, PGDM-FM | First-year CGPA |
Attendance, good standing and performance conditions apply.
For the top three students in each of PGDM and PGDM-FM by CGPA at the end of year one.
| Score | Tuition Credit |
|---|---|
| Strong CAT, XAT or GMAT | Rs 30,000 to Rs 1,00,000 |
Confirm the bands with FIIB.
Reported by MBAUniverse.
Need-Based Support at FIIB
For students who need financial help.
Need-Based Scholarships (NBS)
For deserving full-time students; amount and income limits not published.
President Enable Scholarship
Up to 100% tuition for CAT/XAT 60 percentile+ (or GMAT 500+), 60% in X, XII and graduation, and documented need (Collegedunia).
Education loans
FIIB's FAQ lists bank financing; ask your lender how the award affects the loan.
FIIB Scholarship Conditions
From the FIIB Student Handbook. Check they apply to your award.
- Attendance 80% attendance in every course through Term IV.
- Grades Minimum GPA of 7.0 in each of Terms I to IV.
- Conduct Good standing with no disciplinary action.
- PDP and dues A Pass in the Professional Development Programme and all fees and dues cleared.
- When it's paid Payment after successful completion and a convocation NOC.
Don't pay fees counting on money you'll only get later.
How to Apply for FIIB Scholarships
Mostly through admission.
- Check the intake and process on FIIB's official admissions page.
- Look at Fees and Scholarships and ask which schemes are open.
- Apply to PGDM or PGDM-FM and finish the assessment stages.
- Tell admissions which scholarship you want and ask about separate forms or nominations.
- Prepare academic, exam, work, achievement or family-income details as needed.
- Track your application and reply to verification requests quickly.
- Get the amount, covered fees, conditions and payment timing in writing.
Send documents only through FIIB's official channel.
Is a FIIB Scholarship Worth Going For?
With a Rs 12,85,000 fee, even part of TAP helps a lot, and the Fellowship covers full tuition. Just remember the conditions and the payment timing. Ask these before you accept:
- Am I eligible for my programme and intake?
- Fixed amount or percentage of tuition?
- Which fee parts are covered?
- In the offer letter or a separate letter?
- What cut-offs, interviews or nominations apply?
- Which attendance, GPA, conduct and PDP rules?
- When is it confirmed and paid?
- Can I use it with a loan or instalments?
FIIB Scholarships Compared
| Support Route | What FIIB Says | What to Confirm |
|---|---|---|
| TAP | Up to Rs 2,80,000; merit and profile categories | Availability, amount, deadline, coverage |
| NBS | Need-based support for deserving students | Income criteria, amount, documents |
| RK Shrivastava | Top 3 per programme by first-year CGPA | Amount and conditions |
| Future Leaders Fellowship | 100% PGDM tuition for selected fellows | Cycle, nomination, deadlines |
Documents to Prepare
- ID and contact details
- Class 10, 12 and graduation records
- Entrance-exam scorecard
- Work-experience proof
- Achievement certificates
- Income or bank documents for need-based awards
- Any nomination or declaration form
Common Mistakes to Avoid
- Thinking everyone gets the full Rs 2,80,000.
- Mixing up TAP, NBS, RK Shrivastava and the Fellowship.
- Assuming a high score alone gets you an award.
- Ignoring attendance, GPA, PDP or dues rules.
- Paying fees on an expected award.
- Sending documents to unverified contacts.
Frequently Asked Questions
Yes: TAP, Need-Based Scholarships, RK Shrivastava Scholarship and the Future Leaders Fellowship.
Up to Rs 2,80,000 per student.
Yes, the Future Leaders Fellowship, for selected fellows only.
About 10 students a year, as per Collegedunia.
For the top 3 in PGDM and PGDM-FM by first-year CGPA.
Yes, NBS, and a President Enable Scholarship of up to 100% tuition reported on portals.
MBAUniverse reports Rs 30,000 to Rs 1,00,000 for strong CAT, XAT or GMAT scores.
No. Wait for the written award.
80% attendance, GPA 7.0 each term, good standing, PDP pass and cleared dues.
After completion and a convocation NOC, as per the handbook.
FIIB says over Rs 22.5 crore a year.
FIIB admissions at +91 74283 44339.
Details are from FIIB's website, Student Handbook and portals. Amounts and rules can change by intake. Your written award from FIIB is final.