IDFC FIRST Bank MBA scholarship is a need-based scholarship where INR 2,00,000 is granted for two years of full-time MBA education to students that have secured admissions in B-schools on their own merit and have a family income of less than 6 lakhs per annum. This scholarship aims to make post graduate education in Business studies accessible to those who are meritorious but are unable to afford it due to financial constraints.
Our Impact
The scholarship program commenced in 2016 and has supported 530 students across 22 states of India till date. These students hail from families with diverse occupational backgrounds such as those of retired government employees, auto-rickshaw drivers, teachers and single parents.
Inviting application for IDFC FIRST Bank MBA Scholarships 2020-2022
Click Here To Apply
Click Here for List of eligible colleges
Please note: This is a rolling application. Applicants will be screened on a first come, first serve basis
Eligibility Criteria
• Open for Indian Nationals residing in India only.
• Gross annual family income from all sources should be less than or equal to Rs.6 Lakhs p.a. *
• Applicable for students enrolled in the batch of 2020-22
• Enrolled in any of the MBA colleges mentioned in the list attached in the documents section
How do I apply?
Step:01---Create an Account
If you meet the eligibility criteria you can create an account by providing your username and email address on our portal and complete the formalities required for the application Online.
Step:02---Add Details
Post the registration process, you are required to provide your personal details, academic records and upload necessary documents.
Step:03---Submit
We would advise you to save the changes during the application process to avoid any loss of data.
Step:04---Final Intimation
Once the application is submitted, an applicant number will be generated through which you can track your application status. Applications will be reviewed by IDFC FIRST Bank and the final intimation will be sent through mail to your registered email address and can be viewed on the portal as well.
Note - IDFC FIRST Bank MBA Scholarship application process is hosted only on the above mentioned link and is the only channel by which one can apply for the scholarship. We DO NOT charge application fees at any stage of the scholarship process. If you have been asked to pay application fees OR you have been contacted by anybody apart from IDFC FIRST Bank / Buddy4Study seeking personal details / you come across any suspicious activity please report to csr@idfcfirstbank.com. This year we are inviting applications on a first come , first serve basis. Rights to admission reserved.
For any difficulty in the application process, candidates can write to csr@idfcfirstbank.com
Name: Aliya Anjum College: National Institute of Agricultural Extension Management Course: MBA (2019-21) Parent’s Occupation: Retired Govt. official "IDFC FIRST Bank scholarship, is of great help to me as it helps me pay an amount of my tuition fee as the loan sanctioned doesn’t cover the entire tuition fee thereby reducing the burden on my family to pay the fee. I would love to thank IDFC FIRST Bank for awarding me this scholarship. The scholarship will not only help me financially but also has helped me feel empowered.It's a great initiative from IDFC FIRST Bank and I wish them all the success for their future endeavours." |
Name: Ishita Pasad College: Welingkar Institute of Management Course: PGDM (2019-21) Parent's Occupation: Entrepreneur, self-owned business "I’d like to thank IDFC First bank for providing this platform to not only me, but all of the 2700+ nationwide candidates. Getting the scholarship not only gives me a sense of security, but also a pinch of satisfaction and relief when I look at my piling statement of student loans—all this while making me realise that working diligently for something that one wants often reaps desired outcomes. Besides, the boost in confidence that being awarded with a student scholarship instils, is second to none. The intangibles one could derive from this scholarship are as valuable and significant as is the tangible-monetary part. I would definitely have this moment etched in my memory unless I become demented and I most certainly aspire to be in a distinguished position one day, where I not only aspire to give back, but also be a contributor to such philanthropic future endeavours which IDFC FIRST embarks on." |
Name: Harshit Sharma College: Xavier Institute of Management, Bhubaneshwar Course: PGDM (2019-21) Parent's Occupation: Daily wage worker "Coming from a background where my aged father runs an auto-rickshaw in Delhi to meet ends, I needed this scholarship to meet my expenses part for my 2-year MBA program here in XIMB. |
Name: Dheeraj Kumar College: IIM Calcutta, Course: PGDM (2019-21) Parent's Occupation: Daily wage worker "Growing up in lower middle-class family in a village of Bihar, I faced a lot of financial challenges. I used to see my father work day and night in the fields to provide me every opportunity to succeed, which only inspired me to work harder and to appreciate the value of education. I have always strived to achieve excellence in my study and work. |
Name: Shilpi Sharma College: Jaipuria Institute of Management, Jaipur Course: PGDM (2019-21) Parent’s Occupation: : Self-employed (Electric Motor Winding) “Thank you so much for awarding me this scholarship. I am very thankful, as now, I can afford my living expenses in Jaipur and it has also given me a financial support that would be really helpful for my family (they would not have to worry about my expenses) because of the current unfavourable financial conditions. |
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Name: Ankit Panda College: MDI Gurgaon, Course: PGDM (2019-21) Parent’s Occupation: : Business “During our second year, we have an exchange program for the eligible students. This would be of 4 months duration in any of the universities of Europe. This would not only be a great academic opportunity but also a unique chance to learn the culture and heritage of another continent. I would like to utilize this scholarship in that direction. |
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Name: Mohit Tyagi College: National Institute of Industrial Engineering, Course: PGDIM 2019-21 Parent’s Occupation: : Farmer “I come from a small village, namely Gharora, in district Faridabad, Haryana. My father owns a small piece of land, less than 2 hectares, and is a small farmer, and my mother is an Anganwadi Worker in our village. I am deeply honored to be the recipient of the IDFC First Bank scholarship. Your generous contribution will be of great help to me in pursuing my Post Graduation Diploma in Industrial Management, equivalent to an MBA at National Institute of Industrial Engineering, Mumbai.I want to thank the IDFC First Bank team for taking such a noble initiative for helping needful aspirants like us and give them an opportunity to fulfill their dreams. |
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Name: Manivel.P College: National Institute of Agricultural Extension Management Parent’s Occupation: : Tenant Farmer “ On behalf of my family, I would like to personally thank IDFC FIRST Bank for awarding me a Scholarship . This Scholarship will increase my confidence and responsibility over my studies and career. I personally appreciate IDFC FIRST Bank Team for their efforts to identify the right beneficiaries who are in need of this Scholarship and support them for their studies. “ |
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Name: Madasu Preethi College: Amrita School of Business, Course: MBA 2019-21 Parent’s Occupation: : Supervisor at construction site "I thank the committee who have chosen me for this scholarship. We have many budding MBA students in India but due to some financial reasons we may not reach some heights. For me this scholarship gave me the opportunity to excel in the world where I have my support of the IDFC FIRST Bank in my academics. I feel so proud for getting me choose and help me through my career path first steps. Thanks a ton for the bank in helping me achieving my goals." |
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Name: Vishnuvardhan R College: National Institute of Agricultural Extension Management, Course: MBA in Agribusiness Parent’s Occupation: : Farmer "I am grateful for providing me the scholarship which will help me complete my Post-Graduation and this financial assistance will be a guiding step in all my future endeavors." |
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Name: Aarushi Agarwal College: Indian Institute of Management – Ahmedabad Course: PGDM (2019-21) Parent's Occupation: Businessman (Father) "Post a few failures in my father’s business, the financial conditions at home have not been stable. Since I am a single child, my father does not have any support system for his old age other than me. I was working for a few years before getting admission in IIM-A but still needed financial assistance for future fee instalments. Now that I have received the IDFC FIRST Bank MBA Scholarship, I plan to work at a consulting firm for the first 4-5 years after completing my MBA, so that I can chart out my long-term professional plans maturely. I would like to thank IDFC FIRST Bank for starting such a noble initiative. A bit of external help goes a long way in easing out the mental pressure of students and helps them in focusing more on their career." |
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Name: Akansha Kashyap College: Indian Institute of Management – Ahmedabad Course: PGDM (2019-21) Parent's Occupation: Mother is a homemaker "We are a family of three. While my mother is a housemaker, my brother works as an associate in Gartner, a global research and IT firm. Financing my MBA was not possible with my brother’s earnings. Hence, I had to resort completely on an education loan for the same. However, once I received the IDFC FIRST Bank MBA Scholarship, I was greatly relieved. |
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Name: Aditi Gupta College: Jaipuria Institute of Management, Lucknow Course: PGDM (2019-21) Parent's Occupation: Businessman (father) "My father is the only earning member in my family of 5. His business does not bring in enough earnings that can suffice the fee requirements of an expensive private education. Hence, I was anxiously in need of financial aid. The IDFC FIRST Bank MBA Scholarship came to me at just the right time when I had to pay the next instalment of my MBA fees. Now that I have earned this scholarship, I can dream high and wish to financially support my family in the future. I would like to join a reputable company and even help my brother in completing his higher studies from a decent college. |
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Name: Agniv Mukherjee College: Indian Institute of Management – Ahmedabad Course: PGDM (2019-21) Parent's Occupation: Private employee "IIM Ahmedabad is a dream for many and achieving that dream not only requires academic and extracurricular excellence, but also a huge moral support. My mother works at a middle-level position in an Indian multinational company. In spite of being a single parent, she has left no stone unturned to help me reach my goals. But the first time I saw her worried was when she had to arrange for my MBA fees. The IDFC FIRST Bank MBA Scholarship eased our financial burden, and allow me to focus better on my academics and goals. I now dream to make a significant contribution to the society just like IDFC FIRST Bank." |
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Name: Abhijith KM College: T.A. Pai Management Institute Course: PGDM (2019-21) Parent's Occupation: Retired State Government Employee (Father) "I was always a bright student with big dreams. I worked for 2 years at Hettich India Private Limited, a German based multinational company. At that time, my mother got diagnosed with breast cancer and I had to leave my organization for her treatment. The expenses incurred for her treatment were so high so that I had to take education loan to pursue my MBA in PGDM-Sales. Thanks to the IDFC FIRST Bank MBA Scholarship, I was able to pay a part of my education loan which made my educational journey very comfortable. |
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Name: Akash Bhattacharya College: National Institute of Industrial Engineering (NITIE) Course: PGDM (2019-21) Parent's Occupation: Private Sector Employee (father) "Due to disinvestment by the Govt. of India in many educational institutions recently, the course fees at NITIE has been significantly increased. This created an extra burden on me and paying for my MBA fees became a huge burden. While I had the backing of an education loan, extra educational expenses like paying the college batch fund, buying formal wear, opting for paid courses and certifications are not covered under a bank loan. The IDFC FIRST Bank MBA Scholarship helped me meet these expenses and reduced the additional burden created by the increase in course fees. My parents are also reassured about my future ever since I've received this scholarship. |
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Name: Akash Srivastava College: Jaipuria Institute of Management, Lucknow Course: PGDM (2019-21) Parent's Occupation: Mother is homemaker "My father passed away in 2015. After his death, there was no one in the family who could look after his business. Hence, we were left without an earner and an earning source in the family. However, this did not deter me from taking admission in an MBA school and I was relying solely on the education loan. However, after I received the IDFC FIRST Bank Scholarship, my future worries were relieved completely. Today, I aspire to work at the managerial position at a leading MNC. |
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Name: Akansha Poptani College: Xavier Institute of Management and Entrepreneurship, Bangalore Course: PGDM (2019-21) Parent's Occupation: Businessman (father) "My father runs a small tea business in Bhopal and was unable to bear the expenses of my MBA education. Thankfully, I came to know about the IDFC FIRST Bank MBA Scholarship and applied for it at the right time. This scholarship has eased my troubles and encouraged me to aim higher. Today, I dream to become a SAP Consultant. |
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Name: Anamika College: Institute of Rural Management Anand, Course: PGDM 2019-21 Parent’s Occupation: Businessman (Father) “My affinity for MBA came after attending the Harvard Crossroads Summer Program 2017 in Dubai. However, because of the financial crunch, it seemed like a far-fetched dream. My dad runs a garment business which brings in limited number of finances. Despite the financial constraints, I took the CAT exam and got selected for Institute of Rural Management Anand (IRMA). I had to take a loan to finance my MBA. However, the IDFC FIRST Bank Scholarship came as a boon and I applied for it as soon as I heard about it. This financial aid will prove instrumental in helping me achieve my dream. Post MBA, I look forward to work for sustainability practices and development sector. I’m extremely grateful to IDFC FIRST Bank for providing me with the scholarship when I needed it the most. This scholarship will surely prove to be an elixir for my career.” |
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Name: Ankita Tiwari College: Indian Institute of Management -Ahmedabad, Course: PGDM 2019-21 Parent’s Occupation: Retired Government Employee (Father) “My father is a retired government employee and my mother is a homemaker. Our family income is a mere Rs. 36,000. When I heard about the IDFC FIRST Bank MBA Scholarship, I thought of it as a perfect opportunity to uplift my family financially. Today, I am a proud recipient of this scholarship. Two years down the line, I want to get into an established firm in the agribusiness industry. The IDFC First Bank MBA Scholarship is a great initiative which considers the need of the students and helps them in building their career. Thankyou IDFC FIRST Bank for understanding my obligations and lending a helping hand in meeting my educational expenses. This help will impact my future positively.” |
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Name: Anjali Srivastava College: Jaipuria Institute of Management- Lucknow, Course: PGDM 2019-21 Parent’s Occupation:Businessman “My parents run a small shop that doesn’t fetch enough money to finance the expenses of a private higher education. That’s why, I took admission in Jaipuria Institute of Management on the basis of an education loan. However, the IDFC FIRST Bank MBA Scholarship eased my educational journey and brought my focus to where it should be – my studies. Post MBA, I am planning to make a career in the field of banking. I am thankful to IDFC FIRST Bank for providing me with this prestigious scholarship. I deeply appreciate their gesture of helping the students who are in need of financial help and want to finish their management studies smoothly.” |
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Name: Anant Tomar College: Xavier Institute of Management-Bhubaneswar, Course: PGDM 2019-21 Parent’s Occupation:Private employee (Mother) “My father, who was an army man, lost his life a few years back. My mother got a job in his place on compassionate grounds. The income was barely enough to support me and my sister’s education. However, I always excelled in studies and was a rank holder consistently. After completing my B.Tech, I prepared for management exams and got into a reputed B-school. To fund my higher education, I took a loan. Still, it’s financially hard because there are many things that one needs in a B-school ranging from a good formal wear to extra courses to enhance one’s resume.” The scholarship provided by IDFC FIRST Bank has helped me manage my day to day expenses, which were otherwise taking a toll on my studies and mental health. This financial aid has pushed me in the right direction towards a brighter and better future. ” |
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Name: Aman Ajeet Gupta College: Jaipuria Institute of Management- Lucknow, Course: PGDM 2019-21 Parent’s Occupation:Mother- Homemaker “I lost my father when I was just 1 year old. Ever since, my mother has brought me up with the support of our relatives and our small savings. I needed the IDFC FIRST Bank MBA Scholarship to pay for my PGDM program and get the degree without any hassle. Thankfully, I won this scholarship and have been able to continue my studies without the worry of a future debt. I aim to get an excellent campus placement and work sincerely as an efficient manager. I am thankful to IDFC FIRST Bank for this help. This scholarship has been like a blessing in my life, especially since no bank was allowing a loan on my name. My family is equally thankful. I wish that IDFC FIRST Bank keeps supporting youngsters like me so that their lives changes for the better.” |
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Name: Sreeram N College: Amrita School of Business, Course: PGDM 2019-21 Parent’s Occupation:Business-person (Mother) “My father passed away 8 years back. After this terrible incident, my mother had to struggle hard and had to take up the responsibility of the entire household. Today, she runs a small phone recharging shop in Trivandrum and till now, I’ve been solely dependent on her for my financial needs. But while deciding to pursue an MBA, I didn’t want to put any more monetary pressure on my mother. That’s why, when I heard about the IDFC FIRST Bank MBA Scholarship 2019-21, I jumped at the opportunity and thankfully got chosen. I would like to congratulate IDFC FIRST Bank for being able to make such a huge change in the society. I wish that this scholarship programme continues to help students overcome their financial constraints and pursue higher studies.” |
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Name: Sheetal Kanoujia College: Asia Pacific Institute of Management, Course: MBA 2019-21 Parent’s Occupation:Driver (Father) “My father is a driver and the sole earning member for our family of four. His annual income is around Rs. 1,50,000, leaving me with very few opportunities to pursue higher studies. When I decided to pursue an MBA, my mother had to work at a laundry shop to cover the expenses and my father mortgaged his parental house against a loan of Rs. 5 lakhs. Despite the united efforts of my family, the MBA fee and other related expenses were threatening my chances to continue my MBA further. Thankfully, the IDFC FIRST Bank MBA Scholarship 2019-21 came to my rescue. I would like to thank the IDFC FIRST Bank and hope that it keeps giving support to the needy students. Through this scholarship, I have got a chance to inspire other students to chase their educational dreams.” |
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Name: Badri Narayanan College: Indian Institute of Management -Ahmedabad, Course: PGDM 2019-21 Parent’s Occupation:No regular job “My father has retired from private service and my mother is a home maker. So, there is no regular source of income for our household at present. Since my sister is preparing for government exams and will soon need financial help for her higher education, it is my responsibility to become a working individual soon. An MBA will help me secure a fine job in the future and the IDFC FIRST Bank Scholarship has made it possible for me to pursue my course without any hassle. I would like to thank the IDFC FIRST Bank for awarding me this scholarship. I request the bank to continue serving the youngsters of our nation so that we make the future better together.” |
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Name: Sangeetha Sanil College: Amity Global Business School, Course: PGDM 2019-21 Parent’s Occupation:Businessman (Father) “My father is the only earning member in my family of 4 and therefore has been unable to bear the expenses of my higher education. Hence, the IDFC FIRST Bank MBA Scholarship 2019-21 came as a relief to both me and my father. Today, my MBA journey is smooth because of less financial constraint and I’ve gained the confidence to become an entrepreneur. I already have a few business ideas and will act on them after completing my MBA degree. I would like to thank IDFC FIRST Bank for offering me this scholarship as it has relieved my family immensely. I wish that this scholarship programme continues for years to come so that many students like me accomplish their desires to do business courses of their choice.” |
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Name: Tarun Arora College: Chitkara Business School, Course: PGDM 2019-21 Parent’s Occupation:Businessman (Father) “My father runs a small shoe shop which doesn’t bring in an amount that is sufficient to fund my higher education. The IDFC FIRST Bank MBA Scholarship made it possible for me to pursue an MBA and work towards accomplishing my healthcare start-up dream where every section of the society, whether rich or under-privileged, will get a cost-effective treatment. I would like to say a big thankyou to IDFC FIRST Bank for helping me create a better version of myself through effective education. Thanks to this scholarship, I can become a valuable asset for the future of my family and my nation.” |
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Name: Akshay Verma College: Indian Institute of Management -Ahmedabad, Course: MBA 2019-21 Parent’s Occupation:Business “Despite the financial constraints in my family, I enjoyed my share of accomplishments and was the 12th board topper of my district with 96.4%. Apart from securing a CBSE scholarship, I also worked as an accounts and maths tutor throughout my years in college to contribute to my family’s budget. While the financial pressures have been never ending, one of the most stressful time for me was when my father suffered a cardiac arrest and I had to drop Chartered Accountancy (even after scoring 87% in CPT and 68% in IPCC) and join a full-time job. Today, I’m an MBA student at IIM A and have even cleared all levels of CFA. Even though I have taken an education loan, I was severely short of finances due to the extra education-related and living expenses. Fortunately, I was selected for the IDFC FIRST Bank MBA Scholarship 2019-21, which reduced my overall education loan burden. This scholarship helped me in pursuing my MBA goals without any stress. I am grateful to IDFC FIRST Bank for acting being a good Samaritan in my life wish them all the best for their future noble endeavours.” |
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Name: Shreyas Bhadane College: Indian Institute of Management -Nagpur, Course: MBA 2019-21 Parent’s Occupation:Mother-Homemaker “My mother is a single parent and had to struggle a lot financially while bringing me up. Hence, when I got admission in IIM, I decided not to be a burden on her anymore and found out about the IDFC FIRST Bank MBA Scholarship 2019-21. I’m glad that I received this financial aid by the IDFC FIRST Bank. I appreciate the efforts they have taken to help the aspiring lower and middle class society of our country in achieving their goals and dreams.” |
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Name: Devendra Mahajan College: Indian Institute of Management -Lucknow, Course: MBA 2019-21 Parent’s Occupation:Daily wage worker “My father lost his job a few years back and toiled hard to fulfil the family’s needs. Looking at him, I always got motivated and inspired to do more in life. This motivation resulted in me getting admission in IIM-Lucknow. I consider IDFC FIRST Bank MBA Scholarship 2019-21 as my saviour. Due to this financial assistance, I have been able to fulfil my dream of studying in a reputed B-school where the fee is very high. I express my sincere gratitude to IDFC FIRST Bank for showing trust in me and helping me actualize my education dream. I am really thankful to the company for this noble initiative that is helping meritorious students with humble financial background pursue their higher education.” |
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Name: Siddharth Tikoo College: Indian Institute of Management -Ahmedabad, Course: MBA 2019-21 Parent’s Occupation:Private Sector Employees “My financial background isn’t strong enough to support my higher education. As a result, in order to effectively pursue MBA from IIM Ahmedabad, I had to take a hefty education loan. This loan would have shackled me financially for many years to come, restricting my options. Getting the IDFC FIRST Bank MBA Scholarship 2019-21 has been a ray of hope. Not only does the acknowledgement of reward inspire me to attain greater heights, the reduction in financial burden is also a welcome relief. This scholarship will allow me to shed the burden of loan much earlier and pursue my long-term goal of entrepreneurship.” |
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Name: Abhishek Gupta College: Indian Institute of Management-Lucknow, Course: PGDM 2019-21 Parent’s Occupation:No regular job “I belong to a lower middle-class family and we have been dependent on my late-father’s pension amount. In order to support my post-graduation and my future dreams, I needed some financial assistance. IDFC First Bank MBA scholarship 2019-21 gave me that helping hand. I will always be indebted to IDFC First Bank for selecting me as one of their scholars. It has infused in me a new rigour, self-confidence and motivation. This scholarship has given me a hope of reaching to newer heights through hard work and dedication. I feel proud to be an IDFC First Bank scholar.” |
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Name: Pravin Jadhav College: Institute of Rural Management Anand, Course: MBA 2019-21 Parent’s Occupation:Government Employee “In my family, there are 5 members (my mother, my father, two sisters and me). My father, a government clerk, is the sole bread earner and therefore cannot bear the extra burden of my higher education fees. Hence, I took an education loan to support my MBA fees. Thankfully, the IDFC FIRST Bank MBA scholarship 2019-21 came into the picture just when I needed it the most. It has eased my studies and even helped in paying off a significant part of my education loan. I am thankful to IDFC FIRST Bank for giving me this scholarship and pushing me towards a better future. This has boosted my morale and uplifted my family condition.” |
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Name: Mageshwari Kumar College: Institute of Management Technology Hyderabad, Course: PGDM 2019-21 Parent’s Occupation:Business “Earning a scholarship, particularly a prestigious one, can distinguish you from your classmates and help you enjoy your educational experience fully. In order to pursue MBA in a college of my choice, where there is better scope and exposure, I required some financial assistance to cover the education costs. The IDFC First Bank MBA Scholarship 2019-21 of Rs. 2 lakhs have covered a significant part of my education cost, thus making my educational journey joyful. I appreciate the support that IDFC FIRST Bank has provided for my education. By awarding me this scholarship, you have allowed me to focus on the most important aspect of MBA – learning.” |
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Name: Suresh Panda College: Indian Institute of Foreign Trade, Course: PGDM 2019-21 Parent’s Occupation:No regular job “I have a family of 3 members that includes my younger sibling and my father apart from me. My father works at a private firm and will be retiring shortly. Hence, there is a dearth of finances and an urgent need for me to get financially independent and strong. The IDFC FIRST Bank MBA Scholarship 2019-21 gave me the much-needed assurance to complete my MBA studies and pursue my goals. Thanks to this support, I had the motivation to take up an internship earlier than usual while pursuing my higher studies. I would recommend everyone in my college and in my circle to apply for such scholarships. My heartiest wishes to IDFC FIRST bank for providing such a wonderful opportunity to the student community.” |
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Name: Ganesh Shewatkar College: Institute of Rural Management Anand, Course: PGDM 2019-21 Parent’s Occupation:No regular job “I belong to a lower-middle class family that cannot afford to pay for an MBA course. Presently, my father is the sole bread earner in the family and I would soon like to accompany him or even relieve him from his responsibilities. Hence, while planning to pursue an MBA, I sponsored my fee with the help of a bank loan. IDFC First Bank MBA Scholarship 2019-21 has proven instrumental in reducing my financial burden and even helped me undertake several certification courses and training that complement my MBA education. Now I’m even more determined to follow my aim of providing a platform to farmers where they can get protected from the uncertainties of weather and the market. I cultivated this ambition on the very day I lost my uncle to suicide. He was a farmer in Maharashtra. IDFC FIRST Bank has acknowledged my endeavours and shown generosity by providing the necessary financial aid to accomplish my aspirations. Thankyou IDFC FIRST Bank!” |
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Name: Sohini Bose College: Institute of Rural Management Anand, Course: PGDM 2019-21 Parent’s Occupation:Retired Serviceman (Father) “I decided to leave my job and pursue an MBA for a brighter future. However, due to lack of savings, I couldn’t arrange for the funds on my own. My father is a retired serviceman and it would have unfair to ask for help. On the other hand, my husband could only afford to pay the first instalment of my MBA fee. Hence, the IDFC FIRST Bank MBA Scholarship 2019-21 came as a respite. I would like to thank IDFC FIRST Bank from the bottom of my heart for not only providing me with a financial boost, but also enhancing my confidence in the future possibilities.” |
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Name: Suchita Mehrotra College: Jaipuria Institute of Management- Lucknow, Course: PGDM 2019-21 Parent’s Occupation:Business "My father owns a small clothing shop, which is the only source of income for our family. He manages to earn Rs. 15,000 to 20,000 a month, which is hardly enough to manage the household expenses. Even after his best efforts, my father was unable to afford my MBA fees, but since I want to become financially independent and help my family, pursuing this course was crucial for me. |
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Name: Shreya Bhutani College: Jaipuria Institute of Management- Lucknow, Course: PGDM 2019-21 Parent’s Occupation:Business "My father runs a small retail shop of footwear and my mother is a homemaker. I have an elder sister who is currently preparing for the civil services exam. Our shop doesn’t bring in a sufficient amount of income that can cater to my educational needs. That's why, I was in a serious need of some financial assistance to not put my MBA studies in jeopardy. |
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Name: Harshita Jain College: Jaipuria Institute of Management- Lucknow, Course: PGDM 2019-21 Parent’s Occupation:Business "While my father's income caters to the basic needs of our family, it cannot cater to luxury expenses including the ones on my higher education. Despite this, my father has always motivated us to do our best and as a result, my brother manages to study in Delhi at a good institute while taking care of his own needs. |
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Name: Tanya Singh College: Jaipuria Institute of Management- Lucknow, Course: PGDM 2019-21 Parent’s Occupation:Business "My father owns a small retail garments shop and my mother is a homemaker. I also have a younger brother and a sister, who are both in higher secondary school. My father, being the sole earning member of the family, was unable to afford my MBA fees. Hence, I had to opt for an education loan. The IDFC FIRST Bank MBA scholarship 2019-21 helped in paying the remaining part of my college fees and I would forever be grateful for that. |
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Name: Shivangi Kashyap College: Jaipuria Institute of Management- Lucknow, Course: PGDM 2019-21 Parent’s Occupation:Business "I was in a serious need of financial help for my higher studies. The IDFC FIRST Bank scholarship provided me with the opportunity of supporting my MBA studies on my own. I was able to pay my fees comfortably and the scholarship amount complemented my education loan in such a way that today, I do not need to worry about the next college fee instalment. Since my father is a small businessman and was unable to cater to my educational and financial needs, he is extremely grateful to IDFC FIRST Bank for awarding me with this scholarship. |
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Name: Rudraprasad Singha Roy College: Vinod Gupta School of Management, IIT Kharagpur Course: PGDM 2019-21 Parent's Occupation: No regular job "My father has a small business which never provides us a definite monthly income. In spite of this, my MBA dreams were undeterred and I took an education loan to achieve my goals. However, the IDFC FIRST Bank scholarship has made my journey much easier and has enabled me to fully concentrate on my present studies without worrying about the future. |
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Name: Nishith Rai College: Jaipuria Institute of Management- Lucknow, Course: PGDM 2019-21 Parent's Occupation: Farmer "I am from Mittupur, a village that is 20 kms away from Azamgarh district in Uttar Pradesh. My father is a farmer and my mother is a housewife. The financial condition of my family totally depends on agriculture. Currently, I am pursuing an MBA and for that, I had to take up a loan. But there are other expenses that need to be fulfilled like undertaking a certification course and staying expenses. This is where IDFC FIRST Bank MBA Scholarship truly came to my use. |
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Name: Riya Ghosh College: Xavier Institute of Management, Bhubaneswar, Course: PGDM 2019-21 Parent's Occupation: No regular job "My father is retired banker and my mother is a housewife. Coming from a middle-class family I could not finance my own higher studies so had to rely on a bank loan. The scholarship made it a little easier for me to finance my MBA. Since I am financing my tuition fess through education loan, so this waivers off a part of it. |
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Name: Gangeshwar Tripathi College: XLRI - Xavier School of Management, Jamshedpur, Course: PGDM 2019-21 Parent's Occupation: Farmer "My family consists of my father who is a farmer, stay-at-home mother, and my elder brother and sister. Before joining this MBA programme, I gave away all y savings for the sake of my sister’s wedding. In my bid to take care of my family, I almost forgot to keep some money for my own daily expenses. Asking family was the last thing I wanted to do and started borrowing from friends. Thankfully, mid-way, I got the IDFC FIRST Bank scholarship. For me this scholarship is will take care of my monthly expenses at XLRI. |
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Name: Lincy Chandran College: Xavier Institute of Management and Entrepreneurship, Bangalore, Course: PGDM 2019-21 Parent's Occupation: Business "As I belong to a middle-class family, I felt that the IDFC FIRST Bank scholarship would be a wonderful opportunity to sustain my higher studies. Now that I have been awarded his scholarship, I am realising how easy the life of me and my family has become. |
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Name: Saylie Bane College: SIES College of Management Studies, Course: PGDM 2019-21 Parent's Occupation: Government employee "I’ve always had a clear vision about becoming a marketing manager in the field of digital marketing. This was possible to accomplish only through an MBA and hence, I decided to pursue this programme. My dad, being the only earning member in the family, was facing difficulty in coping up with my college fee. The IDFC FIRST Bank scholarship assisted a huge part of my MBA monetarily, relieving me and my family off our worries. |
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Name: Sasanka Maganti College: T A Pai Management Institute (TAPMI), Course: PGDM 2019-21 Parent's Occupation: Farmer
"I have taken an education loan worth 18 lakhs to fulfil my college and hostel fees. This doesn’t cover expenses like the electricity bill and food bill.
Since my father, a cotton farmer, he can just provide for my stationery and book expenses. |
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Name: Dhananjay Chavan College: Vinod Gupta School of Management, IIT Kharagpur, Course: PGDM 2019-21 Parent's Occupation: Business "My father, the only earning member in our family of 3, runs a garage that provides services like car maintenance and spray painting. This garage manages to bring in a mere Rs. 72,000 per month. Keeping in consideration our day to day expenses including the BSc studies of my sister, this earning cannot provide for my higher education. Because of this situation, I managed to complete my under graduation with the help of scholarships, and now that I have to bear my MBA expenses including my hostel and mess fees, the IDFC FIRST Bank Scholarship has come to my rescue. |
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Name: Varun Ganatra College: T A Pai Management Institute (TAPMI), Course: PGDM 2019-21 Parent's Occupation: No regular job "Taking admission in TAPMI was not easy for me. My family has been facing a financial crisis, since my engineering days. We had a running business. However, since 2011, we started incurring losses and even had to sell off our property and move to a rented apartment. Since my engineering studies were jeopardised, I ended up completing my engineering with the help of an education loan, the EMI’s of which are still pending. Eventually, my dad decided to shut down our business and has retired. As of now, my sister is providing for our family and I have taken another education loan to pursue my MBA. |
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Name: Pearl Jain College: Symbiosis Centre for Management and Human Resource Development, Course: PGDM 2019-21 Parent's Occupation: Business "I have five members in my family, including me, my parents and two sisters. My father is a pharmacist and my mother is a housewife. My elder sister is married and my younger sister has finished her B.com Honors this year from Delhi University. The fees of SCMHRD is huge and my father had to sell off his land to pay my fees. I needed this the IDFC FIRST Bank Scholarship to support my family. This scholarship has helped me in reducing the financial burden on my parents. As the first member in my family to pursue post-graduation, I understand the value of higher education and how it would impact my life. |
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Name: Manmohan Arora College: National Institute of Industrial Engineering, Course: PGDM 2019-21 Parent's Occupation: Shopkeeper (father) "My family consists of 4 members including me, my father who is a shopkeeper, my mother who is housemaker and my brother who is pursuing under graduation. After clearing one of the most difficult competitive exams, I got a chance to do an MBA in National Institute of Industrial Engineering (NITIE), Mumbai. However, the MBA fees is around 12.5 lakh, which was impossible for me to pay by myself as our annual income is INR 60,000. So, I had to take a loan. IDFC FIRST Bank scholarship has helped me lessen my debt and will help me in taking online courses related to my studies. |
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Name: Chintaguntla Koti Reddy College: National Institute of Industrial Engineering, Course: PGDM 2019-21 Parent's Occupation: Farmer "My father is a farmer and my mother is a housewife. From childhood, I am a meritorious student who secured state-level 13th rank in 10th standard. I pursued my graduation from NIT Bhopal and got interested in getting an MBA. However, financial support was a necessity to achieve this dream since the fee of my institute is beyond my family income. |
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Name: Saurav Kumar College: National Institute of Industrial Engineering, Course: PGDM 2019-21 Parent's Occupation: Teacher (father) "My father is a teacher by professional and is the only earning member in the family. His
earning has been hardly enough to suffice my educational needs, and the biggest challenge
for my till now has been paying my MBA tuition fees. All my family resources were used to
pay for half of my total fees of 12.5 lakhs. |
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Name: Tar Mohammed College: National Institute of Industrial Engineering, Course: PGDM 2019-21 Parent's Occupation: Private Sector Employee (father) "My mom is a homemaker and my dad earn a living for us. After paying the college fees, it is very difficult for anyone to go for add-on certifications which is required in most of the cases. Hence, the IDFC FIRST Bank scholarship came to me as a saviour to get these certifications and add value to my 2 years of post-graduation. |
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Name: Neha Madhaniya College: Shanti Business School, Course: PGDM 2019-21 Parent's Occupation: Business "Although my parents supported us through thick and thin, they were unable to bear our
educational costs as their 3 children were growing up. That’s why, when I decided to pursue
my higher studies, I took up student loans to pay for my tuition fee. |
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Name: Himanil Choudhary College: National Institute of Industrial Engineering, Course: PGDM 2019-21 Parent's Occupation: Farmer (father) "My father is a farmer and my mother is a school teacher. I have a younger brother who is pursuing his bachelor’s degree. Having limited family resources, I had to take a loan to gain admission in a B-school. Since I need to perform well by hook or by crook, getting rid of this financial stress was important for me. The IDFC FIRST Bank scholarship has helped me gain confidence and ease my approach towards the completion of my MBA course. The scholarship amount will also cover the costs of extra courses that I plan to do, which will make me professionally even more viable. Thank you IDFC FIRST Bank!" |
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Name: Mitulkumar Padshala College: SCMRD, Course: PGDM 2019-21 Parent's Occupation: Private Sector Employee (father) "I was born in a lower middle-class family. I am the youngest child in my family and my father
is the sole bread earner. My father has till now provided for my education by borrowing
money from our relatives. No matter what, he never stopped me from studying and even
helped me take coaching from the best possible institute. |
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Name: Ishank Sahu College: National Institute of Industrial Engineering, Course: PGDM 2019-21 Parent's Occupation: Government School Teacher (mother) "I belong to a family consisting of 3 members - me, my mother and my sister. My mother is a school teacher in a government school. My sister is currently pursuing B.Tech and she is currently in the 2nd year. My father passed away in 2017. Since then my mother is the sole earner in the family. A scholarship from IDFC FIRST Bank has helped me in paying my academic fees and has therefore reduced the financial burden on my mother. |
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Name: Prabhakar Gund College: National Institute of Industrial Engineering, Course: PGDM 2019-21 Parent's Occupation: Farmer "I am the son of a farmer and the first-generation student in my family. I grew
up in the small farming community in the Solapur district of Maharashtra.
Doing MBA from the premier B-school is a very costly affair. It is tough for
a financially weak student to take a decision despite excelling in the cut-throat
competition. Also, there is a shortage of scholarships available for MBA
courses. But with the help of IDFC FIRST Bank scholarship, I’ve been able
to pay off my college fees. This financial aid has also helped me in getting out of classroom learning
experiences like certifications, training, etc. |
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Name: Bharat Chaudhari College: National Institute of Industrial Engineering, Course: PGDM 2019-21 Parent's Occupation: Auto rickshaw driver (father) "I have 5 members in my family. My father is an auto driver. My mother is housewife. My
elder brother is currently working at a bank and sister is married. I am the youngest one in
family. Collectively our family income is enough for daily household expenses. However, my
educational expenses could not be fulfilled. That’s why I needed the IDFC FIRST Bank MBA
Scholarship. This scholarship not only helped me in bearing my MBA expenses but in
grabbing other opportunities like various academic events. |
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Name: Mohan Ram College: National Institute of Agricultural Extension Management, Course: PGDM 2019-21 Parent's Occupation: Private Sector Employees "I belong to a middle-class family and my family consists of my parents and younger sister,
apart from me. My father is working as a supervisor in a private company, while my mother
is a housewife and my sister is pursuing her under graduation degree. My father is the sole
bread earner of my family. So, IDFC FIRST Bank scholarship has helped me a lot in paying my
MBA college fees, reducing the burden on my father. I’ve also been able to meet the
ancillary expenses related to my education. |
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Name: Manyam Sreenath College: National Institute of Industrial Engineering, Course: PGDM 2019-21 Parent's Occupation: Mother- Homemaker "My father was a farmer who passed away when I was 18-months-old. I am the younger sibling and my brother works in the farmlands to sustain our daily expenses. Irrespective of her poverty and illiteracy, my mother raised me with ethics, culture and education. To help my family and follow my interest, I did my diploma from a top polytechnic college in AP and then my graduation from a university completely sponsored by Govt. of Andhra Pradesh. However, do pursue an MBA, I needed financial support so that I’m able to move forward with courage and the satisfaction of making my family burden-free. IDFC FIRST Bank scholarship did exactly that and much more.
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Name: Divita Ahuja College: Management Development Institute (MDI), Course: PGDM 2019-21 Parent's Occupation: Business "I belong to a family of 4 people which includes my parents and my younger sister. My
mother is a home maker, and my sister has completed her graduation in fashion designing
recently. My father was the sole bread earner of the family until he got paralyzed due to
brain haemorrhage almost 15 years ago. After that, my sister and I completed our schooling
and graduation degrees purely on merit scholarships which have been an essential building
block in my career. For MBA too, I took an education loan of Rs. 25 lakhs, but then,
thankfully, the IDFC FIRST Bank scholarship came as a relief and helped me a lot by reducing
the burden of the loan. |
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Name: Neil Chavan College: National Institute of Industrial Engineering, Course: PGDM 2019-21 Parent's Occupation: Government Employee "I come from a lower middle-class family. My father works at the State Transport (ST) of Nagpur as a bus conductor. I lost my mother recently during the time of my MBA entrance exams. My entire educational expenses have been borne by my maternal grandparents as my parents were unable to provide quality education to me owing to their financial limitations. Having worked for over a year, I had saved some money for higher education too. However, it wasn’t enough, and I had to take an education loan for payment of my first-year fees. |
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Name: Swapnil Singh College: National Institute of Industrial Engineering, Course: PGDM 2019-21 Parent's Occupation: No regular job "The IDFC FIRST Bank Scholarship has definitely provided me a helping hand to successfully complete my MBA from NITIE Mumbai. I lost my father when I was in class 12th. After that, the family situation worsened and all the responsibilities of education of my own and my elder sister fell upon the shoulders of my mother who is a housewife. My mother somehow managed to collect the amount after borrowing money from her brother-in-law’s. Hence, in such adverse situations, this IDFC FIRST Bank scholarship came as a boon. |
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Name: Yashi Mittal College: Management Development Institute (MDI), Course: PGDM 2019-21 Parent's Occupation: Business "My father is a businessman and my mother is a house wife. My brother is pursuing
engineering from NIT Jamshedpur. Coming from a middle-class background, the IDFC FIRST
Bank scholarship has done enough to provide a boost to my desire to pursue higher
education. This scholarship has provided me an opportunity to pursue my education
without fretting about the post-graduation fees finances involved. |
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Name: Madhunita Saikia College: Jaipuria Institute of Management, Noida, Course: PGDM 2019-21 Parent's Occupation: No regular job "I have a family of 5. My father is a retired employee of Oil India Limited (Transport Department) and my mother is a homemaker. My elder sister is working while my younger brother is studying. I was in need of a scholarship to be debt free and support my MBA education. The IDFC FIRST Bank Scholarship helped me in overcoming all the financial challenges and pursue my education without a worry. |
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Name: Rashmi Sharma College: K.J. Somaiya Institute of Management Studies and Research, Course: PGDM 2019-21 Parent's Occupation: No regular job "I belong to the lower middle-class family, where my mother is a house-maker and my father is a property dealer agent. It becomes very hard for a student to pursue his/her career while being deficient of money. For an MBA, apart from tuition fees, there are many things that need to be taken care of, like managing daily spending (especially in Mumbai), certifications which become mandatory to gain practical knowledge about management subjects. To fulfil these requirements additional money is necessary and IDFC FIRST Bank Scholarship has come as a great relief. |
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Name: Divya Vardiyani College: Management Development Institute (MDI), Course: PGDM 2019-21 Parent's Occupation: Mother-Housewife "I come from a middle-class family. My late father was a CA and mother is a housewife. The importance and value of education was instilled in me right from my childhood and hence, I have always focused on my studies and have always featured amongst top students, along with actively participating in extra-curricular activities. My family has always given me the freedom to pursue my dreams. However, when I decided to go for management education, financial factor was a big consideration. But my family supported and motivated me to go for it. |
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Name: Avila Antao College: K.J. Somaiya Institute of Management Studies and Research, Course: PGDM 2019-21 Parent's Occupation: No regular Job "I planned to do an MBA 2 years ago and even calculated the amount of loan that I would need to take. As per my estimate, a full-time MBA would cost Rs. 6 lakhs. However, by the time I took admission, the fees had more than doubled to almost Rs. 14 lakhs! Nevertheless, I decided to take the leap with the help of a student loan. During this time, I came across an advertisement (on the Buddy4Study platform) on the IDFC FIRST Bank Scholarship. Without a further thought, I applied for it and ended up winning it! |
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