What the SBM handbook confirms
NMIMS Indore lists a SBM SRB Part I 2025–27 for the School of Business Management. Its scholarship section says awards and scholarships can be announced each year for different schools and programmes according to applicability. It does not name a specific scholarship for the Indore MBA, publish a benefit amount or give an application calendar. The handbook is useful for understanding the school’s general process, not as a current list of funded awards. Open the SBM 2025–27 Student Resource Book.
School awards and merit recognition
The handbook advises students to apply for awards and keep a good academic and conduct record. It says an F grade, misconduct or low attendance disqualifies students from the awards process. It also states that the Dean gives a certificate of merit at school level. The document does not specify a monetary value, the number of recipients, a selection formula or whether each school award follows identical conditions. Check the relevant notice before treating a general rule as the criteria for a named award.
The handbook discusses a Dean’s/Director’s List separately. Academic recognition is not automatically financial aid: this source does not say that the listed certificate reduces tuition or provides cash. Ask the school to distinguish awards, merit certificates and fee assistance when discussing a student’s account.
Academic recognition should not be mistaken for fee assistance. The same handbook describes the Dean’s/Director’s List as covering the top 10% of the batch by CGPA and providing a certificate at programme end. It does not say that list membership pays tuition or creates a cash award. Confirm a separate written award notice before treating recognition as financial support.
National schemes named in the resource book
The SBM handbook lists the Central Sector Scheme of Scholarships for College and University Students; the Merit-Cum-Means Scholarship for Professional and Technical Courses; post-matric minority scholarships; and the Prime Minister’s Scholarship Scheme for Central Armed Police Forces and Assam Rifles. It also refers students to UGC scholarships. These are scheme names supplied in a general school resource book, not confirmation that every scheme currently accepts the Indore MBA or that an individual applicant qualifies.
For an external scheme, verify current rules with the government department or portal: eligible course, category or income conditions, documents, application window, renewal, and payment method. Do not assume that schemes can be combined, that a listed programme is eligible in a later year, or that NMIMS has pre-approved a student for a government benefit.
Where to ask about an SBM award
The handbook directs scholarship applications through the school academic office. Current SBM students can use that route to ask whether an award has been announced for their programme and how to apply. The document does not give a current scholarship contact person, email address, deadline or application form. Prospective students should contact NMIMS Indore through the official admissions channel and confirm the correct academic-office route before planning around financial aid. Check the official Student Resource Book page for the current SBM handbook listing.
Questions to confirm before budgeting
Ask whether a named award applies to the Indore SBM MBA and your intended intake; who may apply; whether selection is based on merit, financial need or another criterion; what documents are required; when applications open and close; and whether the award is one-time or renewable. Confirm whether it pays tuition, another charge or a reimbursement, and whether attendance or academic standing affects renewal. For government schemes, check the current administering authority’s rules as well.
Until a current notice provides an amount and eligibility, do not subtract a possible scholarship from the published course fee. Keep the official fee schedule as the budget baseline and treat aid as unconfirmed. If the school later publishes an award notice, match its campus, school, programme and year to your admission before applying.
A practical way to make the enquiry is to separate internal SBM awards from external schemes. For an internal award, ask which school/programme notice applies to the Indore MBA, how academic standing and attendance are assessed, and who receives the application. For an external scheme, verify the eligible course, applicant category, portal dates, documents and renewal terms with the administering department. Ask whether the award is paid to the student or credited against fees, and whether the application changes any fee due date. Keep the full official fee schedule in your budget until a written award decision confirms the amount and timing.
What remains unconfirmed
The current evidence is the SBM school’s own 2025–27 resource book and NMIMS Indore’s page listing student resource books. It confirms general guidance for SBM students. The source set does not establish a 2027–28 award, an Indore MBA scholarship amount, an income threshold, a merit cutoff, renewal conditions, repayment terms or an application deadline. Those points remain unknown until an official current notice or the school academic office confirms them. The current MBA programme page identifies the Indore programme but does not publish a scholarship schedule. Current Indore MBA page.
The official student-resource page lists separate handbooks for SBM, Commerce, Law, Technology Management and Engineering, and Pharmacy and Technology Management. A scholarship rule in another school’s booklet should not be transferred to this MBA without an SBM source. The captured SBM handbook remains the relevant school-level policy document here.