The University offers “NICMAR University Top Rankers’ Scholarship” to the students willing to pursue the full time MBA and PG Diploma programmes. The University also offers “NICMAR University Merit Scholarship” to the full time MBA, PG Diploma and Integrated MBA students. Students will be eligible for only one award/scholarship for a particular academic semester. Companies that accept students for internship (as applicable) generally offer allowances/stipends during the training period.

NICMAR UNIVERSITY TOP RANKERS’ SCHOLARSHIP

NICMAR University announces ‘Top Rankers’ Scholarship’ for the applicants of full time MBA and PG Diploma programmes. The criteria of Top Rankers’ Scholarship for the applicants are as follows:

Criteria	Minimum Percentage of Marks			Scholarship Amount
	10th	12th/ Diploma	Graduation
1	95 %	95 %	95 %	80 % of Tuition Fee
2	90 %	90 %	90 %	60 % of Tuition Fee
3	85 %	85%	85 %	40 % of Tuition Fee
4	80 %	80 %	80 %	20 % of Tuition Fee

Applicants can request for NICMAR University Top Rankers’ Scholarship according to their marks in class 10th, 12th/Diploma and Graduation at the time of filling the application form for admission. Eligible candidates will get confirmation for the same after verifying their academic records with mark sheets submitted. Eligible applicants need to go through the admission process [Post Graduate NICMAR Common Admission Test (PG-NCAT), Group Discussion (GD) and Personal Interview (PI)]. Selection of candidates is done on the basis of merit. The merit list is drawn on the basis of performance in PG-NCAT, GD, PI, and Rating of Application (RA). Admission offer letters are issued in the order of merit. The RA is calculated on the basis of weighted scores of the cumulative academic performance along with work experience (as applicable) obtained from the documents submitted to the University by the candidates. Selected candidates for the NICMAR University Top Rankers’ Scholarship will get offer letter for admission as per their eligibility.

This scholarship will not be offered to any student who postpones his/her admission to University’s full time programmes for any reasons whatsoever. Students with scholarship must comply with the following requirements for continuance of scholarship in subsequent academic semesters. Breach of any of these conditions will disqualify the student for the same and will make the student forfeit the scholarship. In such a case, the student will have to pay the necessary fees for the next academic semester. The scholarship will be restored in subsequent semester/s, depending on the fulfilment of the conditions stated below:

1. The awardees’ attendance in any course of study shall not be less than 80%.
2. Awardees should pass the semester in the first attempt.
3. Semester Performance Index (SPI) should be 8.5 or above.
4. The awardees shall have no adverse comments/grading on record from the disciplinary committee for any reason whatsoever.
5. No gap/break in semester whatsoever during the entire programme is permissible.
6. The awardees shall maintain high standards of conduct and behaviour and conform to the discipline of the NICMAR University, as laid down in the ‘Code of Conduct’ of the NICMAR University.

NICMAR UNIVERSITY MERIT SCHOLARSHIP SCHEME

These rules have been framed by the University, in order to operate and disburse scholarships to the students of the full time MBA, PG Diploma and Integrated MBA programmes offered by NICMAR University.

Duration : For all academic semesters [except internship (as applicable)].

Number of Scholarships : 10% students of each programmes.

Criteria and Rules for Award of Scholarships

1. Scholarships will be awarded on the basis of Semester Performance Index (SPI) of the concerned academic semester.
2. A merit list will be prepared based on the SPI. Scholarships will be awarded to top 10% students of all.
3. In case of any tie amongst the candidates on the same SPI, merit will be determined on the basis of Cumulative Performance Index (CPI). In case of a tie in CPI, the student securing the maximum number of grade ‘AA’ followed by the maximum number of grade ‘AB’ will be given preference. After that, if the tie continues, the scholarship amount will be split evenly amongst the candidates concerned.
4. Award of scholarship will be decided after the declaration of each semester end examination results.
5. The scholarship will be paid after the declaration of the results.

The awardees of the scholarship may be assigned academic work of such nature and duration as may be decided by the programme director concerned, keeping in mind the overall need to keep such assigned work to a minimum level possible.

The merit holders for Award of Merit Scholarship should fulfil the following conditions. Breach of any one of these conditions shall make them liable to be disqualified for the award of scholarship.

1. The awardees’ attendance in any course of study shall not be less than 80%.
2. The awardees shall have no adverse comments/grading on record from the disciplinary committee for any reason whatsoever.
3. Any act of indiscipline shall make the awardees liable to forfeiture of the award.
4. The decision of the Scholarship Committee shall be final and binding on all parties concerned, subject to the approval by the Vice Chancellor (VC), NICMAR University.
5. The awardees shall maintain high standards of conduct and behaviour and conform to the discipline of the University, as laid down in the Code of Conduct.
6. The decision of the Scholarship Committee regarding the forfeiture/suspension of the award shall be final, subject to the approval by the VC, NICMAR University. In case of any grievances, the student may apply to the VC, NICMAR University. No appeal will be allowed against the decision of the VC, NICMAR University.

AWARDS FOR ACADEMIC EXCELLENCE

NICMAR University Gold Medal Award:

NICMAR University awards the ‘Gold Medal’ to the student securing the highest marks in each of the programmes.