Foreign Nationals (FN)/ Persons of Indian Origin (PIO) / Students in the MBA

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Batch 2020-2022 Programme at SIMSR

Need-Based Scholarships are based on demonstrated financial need. We take a holistic look at your family’s financial circumstances to make sure you get the level of support you need.

The Somaiya need based scholarship is a program that sponsors students who lack financial support to complete their education and have limited access to other government scholarships’ & loans. Priority will be given to candidates with a marked socio-economic disadvantage. Need based scholarship is awarded for students per batch.

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Eligibility

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Foreign National (FN)/ Person of Indian Origin (PIO) candidates who are offered admission for MBA Core Batch 2020-2022 will be eligible for the need based scholarship.

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Foreign National (FN)/ Person of Indian Origin (PIO) candidates must demonstrate proven financial need and be able to provide evidence of their financial accounts.

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Foreign National (FN)/ Person of Indian Origin (PIO) candidates must submit additional documents during application/Skype/ Personal Interview process.

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Nature of scholarship

  • 60% waiver of tuition fee.
  • Number of seats available in the MBA Batch 2020-2022:
    • 6 seats for Foreign Nationals (FN)
    • 6 seats for Persons of Indian Origin (PIO)
Programme Fee structure For MBA Foreign Nationals (FN)/ Persons of Indian Origin (PIO) 2020-22)
Particulars A.Y. 2020-2021 (Ist Year) A.Y. 2021-2022 (IInd Year) A.Y. 2020-2021 (Ist Year) 2021-2022 (IInd Year) A.Y. 2020-2021 (Inst Year) A.Y. 2021-2022 (IInd Year)
Fees (INR) Fees (INR) Fees (USD) Fees (USD) Fees (EURO) Fees (EURO)
Tuition fees 17,65,500 19,42,050 24,814 27,295 22,479 24,727
Development fees 1,76,550 1,94,205 2,481 2,730 2,248 2,473
Other fees 59,700 61,700 839 867 760 786
Caution Money Deposit (refundable) 10,000 - 141 - 127 -
Alumni Association Fees - 2,500 - 35 - 32
Total 20,11,750 22,00,455 28,275 30,927 25,614 28,018
Total Batch 2020-2022 fees (per student) 42,12,205 59,202 53,632
Exchange Rate (as of 14/10/2019 15:44 IST)* USD-INR - 71.15 -
EUR-INR - - 78.54
Application Form Fee For CIWGC / PIO / FN candidates - Rs. 3850 + Applicable Transaction Charges

*The exchange rates as of the day of admissions will be applicable

Scholarship offered - 60% Tuition fee Waiver
Programme Fee structure For MBA Foreign Nationals (FN)/ Persons of Indian Origin (PIO) 2020-22)
Particulars A.Y. 2020-2021 (Ist Year) A.Y. 2021-2022 (IInd Year) A.Y. 2020-2021 (Ist Year) 2021-2022 (IInd Year) A.Y. 2020-2021 (Inst Year) A.Y. 2021-2022 (IInd Year)
Fees (INR) Fees (INR) Fees (USD) Fees (USD) Fees (EURO) Fees (EURO)
Tuition fees 7,06,200 7,76,820 9,926 10,918 8,992 9,891
Development fees 70,620 77,682 993 1,092 899 989
Other fees 59,700 61,700 839 867 760 786
Caution Money Deposit (refundable) 10,000 - 141 - 127 -
Alumni Association Fees - 2,500 - 35 - 32
Total 8,46,520 9,18,702 11,899 12,912 10,778 11,698
Total Batch 2020-2022 fees (per student) 17,65,222 24,811 22,476
Exchange Rate (as of 14/10/2019 15:44 IST)* USD-INR - 71.15 -
EUR-INR - - 78.54

*The exchange rates as of the day of admissions will be applicable

Email the scan copy of the filled application form along with documents given below.

Documents :

1. CV
2. 2 Recommendation letters; from a Professor and your last employer
3. Transcripts of all previous records
4. Statement of Purpose (SOP)
5. LinkedIn profile link.

For any further clarification, get in touch with us.

admission.simsr@somaiya.edu scholarship.simsr@somaiya.edu