SAGE Foundation and Thadomal Shahani Centre for Management Announce the Kishore Shahani Scholarship, for Covid-Impacted Women from Low-Income Families


·         200 scholarships instituted in the memory of Late Mr. Kishore Shahani, Former Managing Trustee, SAGE Foundation

·         Candidates can avail the scholarships to enroll in BFSI, Digital Marketing, and Business English courses offered by Thadomal Shahani Centre for Management

Mumbai, 5 May 2022: Shahani Academic and Global Empowerment Foundation (SAGE Foundation), the CSR arm of the Shahani Group, in partnership with Thadomal Shahani Centre for Management, a leading B-School which is part of the Shahani Group, has announced the Kishore Shahani Scholarship, on the occasion of Mothers’ Day, in aid of women from low-income families who have been impacted by COVID-19. Under this program, 200 aspirants will be able to avail themselves of the scholarships towards PG Diploma in Banking, Financial Services & Insurance; 4-IN-1 Professional Diploma in Banking, Financial Services & Insurance; Professional Diploma in Digital Marketing; or Certificate in Business English, offered by Thadomal Shahani Centre for Management. The scholarships have been instituted in memory of Late Mr. Kishore Shahani, former Managing Trustee, SAGE Foundation.

Women between the ages of 22 to 26 years are eligible to apply for the scholarship, for which they should send an email to or call on +91 9172293842. Candidates who are interested in pursuing BFSI courses should possess a graduate degree from a recognized institute, while candidates who wish to pursue digital marketing or English should have passed Grade 12 from a recognized institution. Aspirants will also be required to submit documentary evidence in the form of a reference from a known NGO partner or proof of family income. Qualified candidates will be invited for a personal interview, either in person or virtually. Admissions will take place on a rolling basis, with batches commencing every month.

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Discussing the scholarship program, Maya Shahani, Chairperson, SAGE Foundation and Thadomal Shahani Centre for Management, said, “At SAGE Foundation, our core focus has been on empowering Indian youth who come from under-resourced families, by giving them opportunities to upskill themselves so that they can secure white-collar jobs that provide them with sustainable livelihoods. As a woman, I am also empathetic towards the unique nature of challenges that young Indian women face in their lives, in terms of continuing their education or balancing a professional life with familial duties. The pandemic has made the situation worse, especially for women who hail from low-income backgrounds. Consequently, we have established the Kishore Shahani Scholarship because I believe it is especially important to support these young women through this difficult time and help them become independent.

In my own life, I received tremendous support from my husband, Kishore Shahani, when I wanted to continue my career as an educator after marriage and make a positive impact on young lives. Even though I encountered many challenges as a woman, his staunch support helped me overcome all of them. Through this scholarship, I also wish to honour him for his advocacy of women empowerment at a time when the concept was rare in Indian society.”

The PG Diploma in Banking, Financial Services & Insurance is a 12-month, industry-focused course that puts aspirants on an upward career trajectory in the BFSI sector. Successful candidates earn six qualifications at the end of the program –Certificate in Business English and PG Diploma in Financial Management from Thadomal Shahani Centre for Management; PG Diploma in Accounting & Finance from EduQual (UK); and Certification in Mutual Funds, Certification in Investment Analysis & Portfolio Management and Certification in Securities Management from National Stock Exchange (NSE).

The 4-IN-1 Professional Diploma in Banking, Financial Services & Insurance is a 3-month program, with a curriculum developed by industry experts, which equips candidates with the right skills to meet evolving industry demands. Upon successful completion of the program, candidates receive four qualifications –Certificate in Business English and Professional Diploma in Relationship Management from Thadomal Shahani Centre for Management, Certificate in Securities Market from NSE, and Award in Principles of Marketing & Customer Service from EduQual (UK).

The Professional Diploma in Digital Marketing is a 2-month program that trains aspirants for a career in one of the fastest developing fields across sectors. Successful candidates can achieve six qualifications – Certified Professional Diploma in Digital Marketing fromThadomal Shahani Centre for Management; Award in Principles of People Skills from EduQual(UK); and Certifications for Google AdWords, Google Analytics, YouTube, and Facebook Blueprint.

The Certificate in Business English is a 2-month course, with a curriculum developed with EduQual (UK) and the British Council, and assessments via Pearson Versant, which trains students in English communication for a successful professional career. 

All programs are offered through a hybrid model, with offline classes coupled with online training through a digital ecosystem developed by Thadomal Shahani Centre for Management in partnership with Ask.Careers, another Shahani Group initiative. The ecosystem includes an app for Business English, another for BFSI, and a third app that trains students in putting their best foot forward for job interviews. Thadomal Shahani Centre for Management also provides placement support for BFSI and digital marketing candidates through Ask Talent Services, the placement services division of the Shahani Group.

About The Shahani Group:

Drawing upon its legacy of over a hundred years in the Indian education sector, the Shahani Group devotes itself to enhancing the careers of lakhs of students via its academic initiatives aimed at providing them with employment in diverse industry sectors. Helmed by Maya Shahani and Dr. Akhil Shahani, the Shahani Group is now in its fourth generation and encompasses a new generation of institutions in areas of management, media, banking, real estate, digital marketing, and more. Along with praiseworthy initiatives such as ask.CAREERS, Thadomal Shahani Centre For Management, Thadomal Shahani Centre For Media & Communication, and Ask Talent Services, the Shahani clan is a part of the HSNC Board which runs over 24 iconic colleges in Mumbai, such as Thadomal Shahani Engineering College, HR College, KC College, and National College, among others.

The Shahani Group has been widely recognized for its work in the educational sector, receiving a bevy of awards, including the CFBP Jamnalal Bajaj Award for Ethical Business Practices, the Clinton Global Initiative Award, and the CII Education Excellence Award. Operational in four cities, the Group also has an educational technology division and job placement division under its banner and runs several CSR initiatives aimed at providing education and healthcare for the under-privileged.