The annual prestigious Smt Jyoti Dwivedi Memorial Scholarship Awards are exclusive to the students of Jamnalal Bajaj Institute of Management Studies, Mumbai. The grant was established in 2019 in memory of his late mother by Mr. Nimish Dwivedi for her strong belief in higher education as she was one of the first graduates from her hometown in Gujarat during the nineteen sixties. These grants are given to bright students who face financial difficulties during their studies. The scholarship provides two deserving students with a core grant of Rs. 100,000 each towards their education fees. Additionally, in this edition, two additional ad hoc grants worth Rs 50,000 each were given thereby enabling four deserving students to fund their education and their dreams.