The Student Exchange Programme (SEP) enables student to understand the global business scene, and increase their competencies to survive and work in a globalized environment. As part of SEP, a number of international scholarships are now available to VBS students. Selected students get an opportunity to study at our international partner Business Schools and Universities, or become part of research, joint research projects or exchange publications. Recently, VBS has signed a Memorandum of Understanding (MoU) with University of Cartagena, Spain
The selected student receives an invitation from the International Office at the University of Cartagena to visit and study at their campus.
The selection of the candidate is made on the basis of criteria set by the partnering organization.
The list of qualifying candidates is shared with the host institution, and the final selection is made on the basis of the same criteria. VBS follows a fair selection process when it presents probable candidates for the student mobility program.

Scholarships for Meritorious Students
VBS has always contributed to the tradition of academic excellence through its well-designed academic programs. We have always striven to honour students with brilliant academic records by providing them scholarships. A student who has scored brilliantly in their graduation can approach us with the mark sheet, and other details, if he/she wishes to take advantage of this scholarship program.

Late Karmayogi Shri. Hashu Advani Merit Scholarship

First in Merit	50% of First Year Fees	Rs. 1,76,250
Second in Merit	30% of First Year Fees	Rs. 1,05,750
Third in Merit	20% of First Year Fees	Rs. 70,500
Fourth in Merit	10% of First Year Fees	Rs. 35,250
Fifth in Merit	10% of First Year Fees	Rs. 35,250

Late Shri. Jhamatmal Wadhwani EWS Scholarship
The Late Shri. Jhamatmal Wadhwani EWS Scholarship is for students from weaker sections of the society, with an annual income of Rs 4 lakh or less. A scholarship amount of Rs. 50,000 each is offered to three students who meet the criteria laid. 

Special Encouragement Scholarships

1. Topper Female Student Scholarship
   This merit-based scholarship is aimed at female students who have secured high marks in their PGDM course. The selected student will receive a reward amount of Rs 25,000. 
2. Topper Scholarship to PH – Physically Challenged Student
   This scholarship intends to provide financial assistance to differently-abled students based on their merit in the PGDM course. The selected student will receive a reward amount of Rs 25,000. 

DL Shah Trust Merit Scholarship to Low Income Group Students
Inspired by our founder, Late Shri. Hashu Advani, VBS is committed to the cause of making education accessible to all sections of society. In collaboration with D. L Shah Trust, we provide financial assistance to 2 students from economically weak sections with an annual income lesser than 4 lakhs. Each student will receive Rs. 50,000 as an assistance in their first and second year. D.L Shah Trust is a leading NGO that makes liberal donations to the cause of education on annual basis.

Minority Scholarships
The objective of this scholarship scheme instituted by Maharashtra State Govt. and Central Govt. of India is to encourage studious students from minority communities such as Buddhist, Jain, Parsi, Sikh, Christian, Jew, and Muslim to pursue their higher education. The scholarship worth Rs 25000 is awarded on the merit-basis and is subjected to Government policies and rules and compliance of requirements and eligibility criteria.