Best GMAT Scholarships for Indian Students in 2025

Those Indian students planning an MBA abroad in a reputed top global business school need to obtain at least a 705+ score on the GMAT to make it through. This score is exclusive of your existing academic records, current work experience, recommendations received, and final interview-round performance.

A competitive GMAT score can unlock numerous merit-based scholarship opportunities for aspirants at top global business schools. In the given scenario, registering yourself with an accredited GMAT online coaching center will definitely shorten the distance between you and your goal of taking admission to a reputed business school with a lucrative scholarship. In 2025, the most sought-after scholarships for aspirants aiming to study abroad combine financial support with career-defining opportunities.

Top 8 GMAT-Linked Scholarships for Indian Students in 2025

Obtaining a competitive score on the GMAT ensures you not only get selected in one of the world-famous business schools but also become eligible for merit-based scholarships that make it possible to bear the costs of studying abroad. Enrolling in GMAT online classes will definitely help in bridging the gap between you and your choice of a top-tier MBA business school worldwide. Here are the best GMAT-linked scholarships Indian applicants must apply for:

Stanford Reliance Dhirubhai Fellowship

One of the most prestigious and sought-after fellowship programs exclusively for Indian citizens. You must be aware of the following facts:

• Full tuition and associated fees for the Stanford MBA program are covered in the fellowship itself.
• Recipients must return to India for at least two years after they complete graduation.
• The course is ideal for high-potential candidates aspiring to take on leadership roles within India and abroad.

Joseph Wharton Fellowship — University of Pennsylvania (Wharton School)

An elite scholarship scheme, the Joseph Wharton Fellowship is awarded to outstanding applicants with an exceptional academic record, noteworthy professional experience, and a GMAT score of 705+.

• No separate application is required to register for this course; all deserving candidates are automatically considered in the admission process.
• The fellowship provides significant support to the candidates.

Forté MBA Fellowship for Women

A globally recognised initiative, the Forté MBA Fellowship supports women’s endeavours across various business domains.

• The grant money can be used for studies in top business schools such as London Business School, Yale, Dartmouth Tuck, and more.
• Exclusively for women with exceptional leadership skills, a professional experience portfolio, and academic records that exemplify outstanding excellence.
• The fellowship has been thoughtfully designed to promote gender equality and empower women worldwide, fostering greater representation in MBA programs across the globe.

Indian School of Business (ISB) Scholarships

ISB offers a myriad of merit-based, need-based, and corporate scholarships to high scorers of the GMAT around the globe for their postgraduate management programs.

• The scholarship money is awarded to the candidate who earns a good score on the GMAT/GRE.
• Several popular fellowship programs, including ISB Merit Waiver, AIESEC Scholarship, and company-sponsored grants, are available for aspirants who score 705+ on the GMAT.
• Aspirants can enroll in their choice of business program and be awarded the above-mentioned scholarships only on a merit basis.

INSEAD Scholarships

With over 90+ scholarships, INSEAD offers several scholarship schemes to aspirants, especially to Indian candidates who seek admission to foreign universities.

• INSEAD offers both merit- and need-based scholarships.
• Notable ones out of these are the INSEAD Indian Alumni Scholarship, awarded to select students for excelling academically and with strong leadership skills.

Harvard Business School (HBS) Fellowships

Harvard offers some of the most renowned MBA fellowships to candidates from around the globe.

• Scholarships extended are generally need-based.
• Indian students with 705+ GMAT scores, a good academic record, and proven leadership skills often qualify for this fellowship.

University of Chicago Booth – Indian Trust Fellowship

This academic support program is exclusively for Indian students.

• Awarded to students sharing a strong commitment towards promoting economic development in India. Scholarships extended are generally need-based.
• 10,000 dollars is the reward amount, and additional merit scholarships are also awarded to the prospective candidates with exceptional GMAT scores.

Great Scholarship (UK)

A UK government initiative that works in collaborative partnership with other top universities.

• 10,000 pounds is the amount granted to the qualifying students.
• Valid across selected UK business schools.

Please Note:
While a strong GMAT score improves the chances of candidates making it to the top global universities, business schools also evaluate your academic record to date, relevant professional experience, and leadership skills before giving you admission to their prestigious institute to ensure you are well capable of thriving in a rigorous and competitive corporate landscape.

Types of GMAT Scholarships

• Merit-Based Scholarships
• Need-Based Scholarship
• Diversity and Gender Scholarships
• Organisation-Specific Fellowship Programs
• Regional/Geographic Fellowship Program

The Concluding Part

GMAT scholarships provide Indian students the golden opportunity to study and hone their existing skillset at the world’s best business schools without going into financial debt. A high GMAT score increases the odds of you becoming eligible for diverse scholarship programs, and joining GMAT coaching classes in Delhi will help you achieve your dream goal faster. With the right preparation strategy, you can pursue your choice of business program abroad with a high-value scholarship, and we are here to help you achieve a competitive score on your GMAT. For more information, go through our website https://aceyourtest.in/