Italy: IIFM Offers Two €8,400 Master’s Scholarships for Indian Students for 2027

Italy: IIFM Offers Two €8,400 Master’s Scholarships for Indian Students for 2027

Indian students planning to pursue a career in fashion, luxury, marketing or management in Italy have a new scholarship opportunity for 2027.

The Italian Institute of Fashion Management (IIFM) in Milan has announced two partial scholarships specifically for Indian citizens admitted to its 2027 Master’s programs. Each scholarship covers 40% of the total tuition fee, equivalent to €8,400.

The scholarship opportunity has also been highlighted by the Italian Embassy Cultural Centre – Istituto Italiano di Cultura di New Delhi, which confirmed that applications are currently open for IIFM's Master’s programs in Milan.

For Indian graduates interested in building an international career in the fashion and luxury industry, this could significantly reduce the cost of studying in one of the world's most important fashion capitals.

Italy €8,400 Scholarship 2027: Key Highlights

Here are the most important details Indian applicants should know:

• Country: Italy
• City: Milan
• Institution: Italian Institute of Fashion Management (IIFM)
• Scholarship: €8,400 per selected student
• Number of scholarships for Indian citizens: 2
• Scholarship coverage: 40% of tuition fees
• Regular tuition fee: €21,000
• Level: Master’s / University Master’s Programs
• Academic credits: 60 CFU/ECTS
• Intake: 2027
• Program location: Milan, Italy
• Eligibility: Indian citizens admitted to an eligible IIFM Master’s program
• Selection basis: Academic merit and financial need
• Scholarship deadline: 30 November 2026

IIFM confirms that the scholarship is integrated into the Master’s application process rather than requiring an entirely separate application.

How Much Is the IIFM Scholarship Worth?

Each scholarship is valued at €8,400.

The standard tuition fee for IIFM's Master’s programs is €21,000, meaning the scholarship covers 40% of the full tuition fee.

This is important for students to understand: the €8,400 award is a partial scholarship, not a fully funded scholarship.

Students will therefore need to arrange funding for the remaining tuition as well as accommodation, food, transportation, insurance, visa-related expenses and other living costs in Italy.

Who Can Apply for the Scholarship?

The scholarship has been specifically announced for Indian citizens.

According to IIFM, applicants must:

1. Hold Indian citizenship.
2. Apply for and be admitted to one of IIFM's eligible 2027 Master’s programs.
3. Request scholarship consideration during the Master’s application process.
4. Submit the required financial documentation.
5. Meet IIFM's academic and admission requirements.

Scholarships are awarded on the basis of both academic merit and financial need.

Therefore, applicants should prepare a strong overall profile rather than focusing only on academic marks.

Which Master’s Programs Are Available at IIFM Milan?

IIFM currently lists a range of specialised Master’s programs focused on fashion, luxury and management, including:

• Master in Fashion Business Management
• Master in Fashion Communication Management
• Master in Fashion Creative Direction
• Master in Fashion Event Management
• Master in Fashion Human Resources & Management
• Master in Fashion Law & Management
• Master in Fashion & Luxury Management
• Master in Fashion Marketing & Brand Management
• Master in Luxury Experience & Wellness Management

The institute lists these programs among its Master’s offerings, while the Italian Embassy Cultural Centre describes the scholarship-supported programs as 60 CFU/ECTS University Master’s programs in Milan.

Students should check the individual course requirements before selecting a program.

When Do the Programs Start?

The Italian Embassy Cultural Centre in New Delhi states that the scholarship opportunity concerns IIFM University Master’s programs in Milan starting in January 2027.

Indian students interested in applying should therefore begin preparing their academic, financial and admission documents well before the scholarship deadline.

What Is the Scholarship Application Deadline?

The official deadline for the scholarship opportunity for Indian citizens is:

30 November 2026

IIFM clearly states that scholarship applications must be submitted by this date.

However, applicants should avoid waiting until the last few days because scholarship consideration is connected to the Master’s admission application.

Preparing documents, completing the admission process and arranging financial documents may take time.

How to Apply for the IIFM €8,400 Scholarship

The process is relatively straightforward.

Step 1: Select your Master’s program

Visit IIFM's official website and choose the Master’s program that best matches your academic background and career plans.

Step 2: Start the Master’s application

Complete the online application for your selected 2027 Master’s program.

Step 3: Apply for the scholarship within the application

IIFM states that the scholarship application is integrated into the Master’s program application.

Applicants will find a dedicated scholarship section while completing their online admission form.

Step 4: Upload financial documentation

Applicants seeking scholarship consideration must upload the required financial documents.

IIFM recommends preparing these documents in advance to avoid delays during the application process.

Step 5: Submit before the deadline

Complete both the admission and scholarship request before 30 November 2026.

How Are Scholarship Winners Selected?

The scholarship is not automatically awarded to every Indian student who receives admission.

IIFM states that scholarships are awarded based on:

Academic merit – the strength of the applicant's educational and academic profile.

Financial need – the applicant's financial circumstances based on the documentation submitted.

With only two scholarships specifically listed for Indian citizens, students should aim to submit a complete and competitive application as early as possible.

Why Study Fashion and Luxury Management in Milan?

Milan is internationally recognised as a major centre for the fashion, design and luxury industries.

For students pursuing careers in areas such as fashion business, luxury management, branding, communication, events and fashion marketing, studying in Milan can provide exposure to an industry-focused international environment.

IIFM says its programs are developed in collaboration with important companies operating in the fashion and luxury sector.

This makes the opportunity particularly relevant for students seeking specialised postgraduate education rather than a traditional general-management degree.

Important Point for Indian Students

Students should remember that receiving the scholarship or an admission offer does not automatically guarantee an Italian student visa.

After receiving admission, Indian students undertaking higher education in Italy generally need to complete the relevant Universitaly pre-enrolment process and subsequently apply for the appropriate Italian study visa according to their jurisdiction and course duration. The Consulate General of Italy in Mumbai confirms these steps for Indian higher-education applicants.

Students should therefore prepare their academic documents, finances and visa documentation alongside their university application.

Is the €8,400 IIFM Scholarship Worth Applying For?

For Indian students specifically interested in fashion, luxury, branding, marketing or fashion management, this is a significant scholarship opportunity.

The major advantages include:

• €8,400 tuition reduction
• 40% scholarship coverage
• Scholarships specifically available to Indian citizens
• Study location in Milan
• Specialised fashion and luxury Master’s programs
• 60 CFU/ECTS University Master’s programs
• January 2027 intake
• Selection based on merit and financial need

The biggest limitation is that only two scholarships for Indian citizens are currently advertised, making competition potentially strong.

Final Takeaway

The IIFM €8,400 scholarship for Indian students is an attractive opportunity for graduates looking to pursue specialised postgraduate studies in Italy's fashion and luxury sector.

Two Indian students can receive scholarships covering 40% of the €21,000 tuition fee, with applications open for IIFM's 2027 Master’s programs in Milan. The deadline for Indian applicants is 30 November 2026.

Students interested in the scholarship should start preparing their application, academic profile and financial documentation early rather than waiting until the deadline.

Need Help Applying to Study in Italy?

Clear My Udaan can assist students with course selection, university applications, documentation, scholarship guidance and the Italy study-visa process.

Start planning your Study in Italy 2027 journey early and maximise your chances of securing admission and available scholarship opportunities.

Disclaimer: Scholarship amounts, eligibility criteria, deadlines and admission requirements may be changed by the institution. Applicants should verify the latest information on the official IIFM website before applying.