LBSIM Scholarships 2027-29: Merit-cum-Means and Named Scholarship Guide
Last updated: October 2026
LBSIM Delhi scholarships focus on helping bright students who need a little financial support. The main one is a ₹1,00,000 merit-cum-means scholarship, backed by three named scholarships of ₹50,000 each for academics, leadership, social responsibility and entrepreneurship.
This guide explains the LBSIM scholarship amount, eligibility and selection criteria for the 2027-29 PGDM batch, and what to expect against a total fee of ₹17.25 lakh.
Merit-Based Scholarships: Programme-Wise Breakdown
All LBSIM scholarships apply to the two-year PGDM, across General, Financial Management, Research & Business Analytics, and AI & Data Science.
They go to students already enrolled in the first or second year, and any LBSIM student can apply, so once you're in, you have an equal shot.
Scholarships at a glance:
- Merit-cum-Means Scholarship — ₹1,00,000 each: Meritorious students from economically weaker sections, open to General and EWS candidates.
- Smt. Lalita Shastri Scholarship — ₹50,000: Students with strong academics and leadership potential.
- Manuj Chopra Scholarship — ₹50,000: Students with academic excellence and social responsibility.
- Tessy Thomas Scholarship — ₹50,000: Students with academic excellence and entrepreneurial skills.
How LBSIM Selects Scholarship Students
Selection happens in two steps:
- A committee of faculty and administrative staff first looks at your family background and financial records.
- The committee then checks your academic record.
- No separate scholarship exam is reported, so your programme performance and financial need count.
Merit-Based Scholarships: Programme-Wise Breakdown
Jump straight to your programme:
| Scholarship | Amount | Eligibility |
|---|---|---|
| Merit-cum-Means Scholarship | ₹1,00,000 each | Meritorious students from economically weaker sections, open to General and EWS candidates |
| Smt. Lalita Shastri Scholarship | ₹50,000 | Students with strong academics and leadership potential |
| Manuj Chopra Scholarship | ₹50,000 | Students with academic excellence and social responsibility |
| Tessy Thomas Scholarship | ₹50,000 | Students with academic excellence and entrepreneurial skills |
All LBSIM scholarships apply to the two-year PGDM and go to students already enrolled in the first or second year.
| Batch | Scholarships of ₹1,00,000 Awarded |
|---|---|
| 2021-23 | 6 |
| 2022-24 | 15 |
| Recent years (student reports) | 15 |
This is the big one. Students also mention ₹50,000 awards for about 12 students with family income below ₹8 lakh, though the institute should confirm this.
LBSIM Named Scholarships and Student Awards
The Smt. Lalita Shastri, Manuj Chopra and Tessy Thomas scholarships are worth ₹50,000 each and are also given on a merit-cum-means basis. Each one rewards a slightly different strength: leadership, social responsibility and entrepreneurship, alongside strong academics. At convocation, LBSIM also gives two awards — these are recognition awards, not fee waivers.
Smt. Lalita Shastri Scholarship
₹50,000 for students with strong academics and leadership potential.
Manuj Chopra Scholarship
₹50,000 for students with academic excellence and social responsibility.
Tessy Thomas Scholarship
₹50,000 for students with academic excellence and entrepreneurial skills.
Lalita Shastri Award (Student Award)
Given at convocation to the student with the overall best performance. A recognition award, not a fee waiver.
Amit Chopra Award (Student Award)
Given at convocation to the student with the best record in social service and extracurricular activities. A recognition award, not a fee waiver.
What the Scholarships Mean for Your Fee
The PGDM costs ₹17.25 lakh on the general seat, so plan your budget carefully:
- About 6% of the fee. Even the largest scholarship (₹1,00,000) covers roughly 6% of the PGDM fee.
- A cushion, not a waiver. Think of it as a helpful cushion rather than a full waiver — no 100% tuition fee waiver is available.
- Plan the full cost. Plan your budget with:
- Tuition fees (₹17.25 lakh on the general seat)
- Hostel (about ₹4.4 lakh over two years)
- An education loan — students mention bank tie-ups that make loans easier to arrange
No published fellowship or stipend amount was found for the FPM programme, so confirm this with the admissions office if you are applying for the FPM.
How LBSIM Scholarship Selection Works
Scholarships are awarded to enrolled PGDM students through this process:
- Get admitted to the PGDM through CAT, XAT or GMAT, followed by the extempore round and personal interview.
- Apply for the scholarship as an enrolled student in the first or second year — any LBSIM student can apply.
- A committee of faculty and administrative staff reviews your family background and financial records.
- The committee then checks your academic record.
- Named scholarships additionally look for leadership, social responsibility or entrepreneurial skills.
No separate scholarship exam is reported. Ask the admissions office for the current list of partner banks if you need an education loan.
Final Word
LBSIM's scholarships — a ₹1,00,000 merit-cum-means award and three named ₹50,000 scholarships — are a helpful cushion for enrolled PGDM students with strong academics and financial need, but they cover only a small share of the ₹17.25 lakh fee. Plan the full cost, including hostel and an education loan if needed.
Frequently Asked Questions
A merit-cum-means scholarship of ₹1,00,000, plus the Smt. Lalita Shastri, Manuj Chopra and Tessy Thomas scholarships of ₹50,000 each.
The merit-cum-means scholarship is ₹1,00,000 each, and the three named scholarships are ₹50,000 each.
You should be a PGDM student with a strong academic record and financial need. The named scholarships also look for leadership, social responsibility or entrepreneurial skills.
A committee of faculty and administrative staff checks your family background and financial records first, then your academics.
No separate scholarship exam is reported. Admission is based on CAT, XAT or GMAT scores, followed by an extempore round and a personal interview.
No. The largest scholarship is ₹1,00,000 against a total PGDM fee of ₹17.25 lakh.
No published fellowship or stipend amount was found for the FPM programme, so confirm this with the admissions office if you are applying for the FPM.
Students mention that LBSIM has partnerships with banks that make education loans easier to get. Ask the admissions office for the current list of partner banks.
This article is an informational guide compiled from the LBSIM documents supplied. Scholarship amounts, eligibility and the number of awards may change by batch; always confirm current details with the LBSIM admissions office before making financial decisions.