Top Scholarships for Commerce Students in Gujarat
India has set an ambitious target of becoming a $30 trillion economy by the year 2047, which will also mark the 100th anniversary of independence. This goal not only depends on the expansion of industries and foreign investment but also requires a strong and robust financial structure in which professionals like chartered accountants, financial analysts, accountants and tax consultants will play a major role. According to ICAI (Institute of Chartered Accountants of India), to achieve this goal, India will need about 3 million chartered accountants by 2047. This estimate has been made on the basis that about 1 lakh CAs are needed for every 1 trillion dollar increase.
Looking at this demand, it becomes clear that there will be a plethora of opportunities for students of the commerce sector in the coming years. However, in a country like India, millions of students are unable to pursue higher education due to financial reasons. Keeping such students in mind, many government and private institutions have introduced special scholarships in the year 2025 to provide financial assistance to promising students pursuing courses like B.Com, M.Com, CA, and CMA.
Top Scholarships for Commerce Students 2025: Detailed Information
There are many scholarships available for students across the country, but it is important to understand the scholarships that are prominent for the commerce sector. Here we will explain each scholarship in detail—including eligibility, benefits and the application process.
HDFC Bank Parivartan ECSS Program
HDFC Bank’s ‘Parivartan’ is a social initiative aimed at supporting financially weak but meritorious students in their education. This scholarship is not limited to commerce students but is open to students from primary to higher education. But this is a golden opportunity for students of courses like B.Com and M.Com.
Eligibility and Benefits: This scholarship requires the student to be an Indian and to have scored at least 55% marks in the previous examination. The family annual income should not exceed ₹2.5 lakh. Under this scheme, undergraduate students get assistance of up to ₹30,000 and postgraduate students get assistance of up to ₹35,000. This scholarship not only provides financial assistance, but it also becomes a powerful medium to bring the weaker sections of the society into the mainstream through education.
Commerce Undergraduate International Merit Scholarship
This scholarship offered by the University of Melbourne is for Indian students who want to pursue a B.Com abroad. This scholarship is merit-based and is given at the time of admission, but if the student scores good marks, it can be availed throughout the studies.
Key conditions: The student must be international (i.e., Indian who wants to study abroad), must have completed class 12 and has got unconditional admission for B.Com. 50% of the annual fees is waived under this scholarship, making it more accessible to study abroad.
SBI Foundation Asha Scholarship (for Overseas PG)
This scholarship is provided by the SBI Foundation for students pursuing PG courses abroad. This assistance is given especially to students coming from the SC/ST category. Under this scheme, priority is given to those students who have gotten admission to top-ranking universities in the world.
Eligibility and Benefits: The applicant must be a resident of India and belong to the SC/ST category. Must have at least 75% marks in the previous academic year and family income should not exceed ₹6 lakh. A maximum of ₹20 lakh or 50% of the course cost, whichever is less, is given under this scholarship.
Azim Premji Scholarship— A boon for rural girl students
This scholarship is for girl students who come from rural areas and study in government colleges. It is available exclusively for limited districts of Madhya Pradesh, Rajasthan, Uttar Pradesh and Jharkhand.
Benefits and Eligibility: The applying girl student must have studied in a government school from class 10 to 12 and gotten admission in the first year of the UG course. Under this scholarship, assistance of ₹ 30,000 per year is given, which is available for the entire duration of the course.
Tata Capital Pankh Scholarship—Support for UG Students of Commerce
This scholarship given by Tata Capital under Corporate Social Responsibility (CSR) is for those students who are financially weak but are good in studies. Students of UG courses like B.Com, B.Sc, and BA can apply for it.
Benefits: 80% of the course fee or a maximum of ₹ 12,000 is provided under this scheme. For eligibility, at least 60% marks in the previous examination and family income should be less than ₹ 2.5 lakh.
Arjun Scholarship Examination of Commerce—Admission to Coaching through Competition
This scholarship is offered by the Vidya Sagar Institute for CA/CMA Foundation students. It is an exam-based scheme in which the student has to appear for a 100-mark exam.
Benefits: 10% to 100% discount is given on coaching fees based on the marks obtained in the exam. This scheme makes students financially independent in their CA/CMA preparation.
Guardian Trust Master’s Scholarship (for M.Com)
This scholarship offered by the University of Canterbury, New Zealand, is for students pursuing an MCom. This scholarship is available for only one student. This scholarship is given to students every year.
Benefits: The selected student is given financial assistance of NZ$16,500 per year, which covers most of their educational expenses.
G.P. Birla Scholarship—Exclusive for West Bengal Students
This scheme is exclusively for West Bengal students who secure 85% marks in the Higher Secondary Examination or 90% marks from CBSE/ISC.
Benefits: This scheme provides scholarships up to ₹50,000 per year and also ₹7,000 for books in the first year.
Satram Jindal Foundation Scholarship—Nationwide Assistance Scheme
This scholarship is given to students across India and is divided into different categories. ‘Category C’ is applicable for commerce students.
Benefits: UG girl students get ₹1400 and boys get ₹1100 per month. In PG, girl students get ₹1800 and boys get ₹1500. Physically challenged students are given more benefits.
Narotam Sekhsaria Scholarship—Interest-free loan for advanced studies
This scholarship is for those pursuing PG studies in India and abroad. Selected students get an interest-free loan as well as mentorship.
Benefits: Interest-free loan as per the student’s need and advice from a senior mentor.
Application Process and Required Documents
Most scholarships accept applications through online mode. To apply, you have to follow the following process:
- Visit the official website.
- Confirm eligibility.
- Click on the “Apply Now” button.
- Fill in all the information and upload documents.
- Submit and wait for confirmation.
Documents:
- Scorecard
- Admission Card
- Aadhaar/PAN Card
- Income Certificate
- Caste Certificate (if applicable)
- Disability Certificate (if applicable)
Conclusion: The First Step into a World of Opportunities
India has a bright economic future, but we need qualified, educated and prepared professionals to contribute to it. If you are a commerce student and are lagging behind due to financial reasons, it is time to move ahead. The scholarships mentioned above will not only cover your educational expenses but also lay a strong foundation towards becoming self-reliant. Right planning, timely application and sincere efforts—that is the key to success.
