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Your Complete Guide for SIBM Bengaluru

SIBM Bengaluru stands out as a premier institution for management education in India. With its apt location in the silicon valley of India, strong industry connections, detailed curriculum, and excellent placement record, SIBM Bengaluru offers an ideal environment for aspiring managers. 

The institute’s commitment to panoramic development, combined with its focus on academic excellence, makes it a much-chosen destination for students looking to build a successful career in business management. Whether you are a recent graduate or a working professional, SIBM Bengaluru will not fail to provide you with the platform to achieve your career aspirations and become a leader in the business world.

Overview of SIBM Bengaluru

Symbiosis Institute of Business Management (SIBM) is one of the best management institutes in India, known for its academic excellence, industrial connections, and wholesome approach to education. Established in 2008, SIBM Bengaluru is a constituent of Symbiosis International (Deemed University) and has quickly risen to prominence among business schools in India.

Located in the beautiful city of Bengaluru, India. SIBM Bengaluru offers students the unique advantage of being at the heart of the country’s tech and startup ecosystem. The institute provides an appropriate environment for budding managers, with a curriculum designed to meet the evolving demands of the business world.

Important Dates & Updates

Staying updated with important dates is crucial for students looking forward to taking admission in this revered institute. Here are the key dates for 2024 admissions and other significant events at SIBM Bengaluru:

Events Date
Application Start Date
August First week, 2024
Last Date to Apply
November Last week, 2024
SNAP Test Dates
December Second week, 2024, December Second week , 2024, December Third week, 2024
SNAP Result Announcement
January First week , 2024
GE-PIWAT (Group Exercise, Personal Interaction, and Writing Ability Test)
March First week , 2025
Final Merit List Announcement
March Last week, 2025

Highlights of SIBM Bengaluru

In the following table you will receive all the necessary details regarding SIBM Bengaluru in a concise manner.

Feature Details
Established
2008
Affiliation
Symbiosis International (Deemed University)
Location
Bengaluru, Karnataka
Programs Offered
MBA, Executive MBA, PG Diploma
Specializations
Finance, Marketing, Operations, HR, Data Analytics
Campus Area
40 acres
Hostel Facilities
Separate for boys and girls
Faculty
Highly qualified with industry experience
International Collaborations
Partnerships with global universities
Extracurricular Activities
Clubs, sports, cultural events
Placement Rate
100% (2023)
Top Recruiters
Deloitte, KPMG, Amazon, Accenture, Infosys

Why is SIBM Bengaluru a Good Option to Study?

Here are the top reasons why SIBM Bengaluru should be your top choice: 

Strategic Location

SIBM Bengaluru is situated in one of India’s most dynamic cities, providing students with ample opportunities for internships, industry interactions, and placements.

Strong connections with the industries

The institute’s location and reputation attract top companies for campus placements. Regular guest lectures, seminars, and workshops by industry experts ensure that students are well-versed with current trends.

Holistic Approach to Education

SIBM Bengaluru emphasizes a balanced approach to education, combining academic excellence with extracurricular activities. Students are encouraged to participate in various clubs and competitions, building leadership and teamwork skills.

Experienced Faculty

The faculty at SIBM Bengaluru comprises seasoned academicians and industry professionals who bring a wealth of knowledge and practical insights into the classroom.

Top-notch Infrastructure

The campus is equipped with modern facilities including smart classrooms, a well-stocked library, computer labs, and sports amenities, ensuring an apt learning environment.

International Exposure

The institute has collaborations with several international universities, offering students opportunities for exchange programs, global internships, and exposure to diverse cultures.

Eligibility Criteria

Admission to SIBM Bengaluru’s programs is competitive, with a prolonged and difficult selection process. The eligibility criteria are as follows:

Eligibility Criteria

  • Candidates must graduate from any recognized University/ Institution of National Importance with a minimum of 50% marks or equivalent grade (45% or equivalent grade for Scheduled Caste/ Scheduled Tribes).
  • Candidates appearing for final year examinations can also apply for MBA courses in SIBM Bengaluru, but their admission will be subject to obtaining a minimum of 50% marks or equivalent grade (45% or equivalent grade for Scheduled Caste/ Scheduled Tribes).
  • A candidate who has completed qualifying qualification from any Foreign University must obtain an equivalence certificate from Association of Indian Universities (AIU).

Executive MBA

  • A Bachelor’s degree from a recognized university.
  • Minimum of three years of full-time work experience post-graduation.

Courses and Specializations

SIBM Bengaluru offers a range of courses designed to cater to the diverse interests and career aspirations of students. The flagship program is the MBA, with several specializations such as:

MBA (Full-time)

  • Finance: Focuses on financial management, investment banking, and corporate finance.
  • Marketing: Emphasizes marketing strategies, digital marketing, and consumer behavior.
  • Operations Management: Covers supply chain management, logistics, and operations strategy.
  • Human Resources: Deals with organizational behavior, talent management, and labor laws.

Data Analytics: Focuses on data-driven decision making, business analytics, and big data technologies.

Executive MBA

This programme focuses on preparing functional managers for general management roles and helps students fill the gaps in their knowledge of essential management disciplines. It aims at widening the dimensions of their management skills through lectures, case studies, action learning and coaching.

MBA (Quantitative Finance)

The graduates of this program are prepared to work as quantitative analysts, who create and apply sophisticated models to play a crucial role in financial firms. These models help decision-makers make well-informed choices about a range of financial issues, such as investments, pricing tactics, and risk management techniques.

Executive Development Programs (EDPS)

SIBM Bengaluru’s EDPS are designed to prepare executives, at all levels within their organizations, to accept the new obstacles of any levels of leadership and therefore propelling their careers as well as their productivity.

Fees Structure

The fee structure at SIBM Bengaluru is provided in the below table:

Tuition Fee
₹ 9,92,000 per annum
Institute Deposit (Refundable)
₹ 20,000
Hostel Fee
₹ 1,48,500 per annum
Hostel Deposit (Refundable)
₹ 15,000
Mess Charges
₹ 94,500 per annum (Mess fees are subjected to Govt. regulations on
Other Fees (Library, Sports, etc.)
₹ 50,000 per annum

Note

  • The hostel and mess fees are not static and can be increased up to 10% each year. Government taxes would be additional as and when applicable.
  • Hostel and Mess Fees for the subsequent year would be informed before commencement of the next academic year.

Executive MBA

Programme Fees Amount
Academic Fees (Per Annum)
₹ 2,75,000
Institute Deposit (Refundable)
₹ 10,000

Scholarships

SIBM Bengaluru offers various scholarships to support deserving and meritorious students:

Merit Scholarships

  • SIBM Bangalore awards merit scholarships to students based on their academic performance. The top five students from IIT who join Symbiosis International (Deemed University) programs receive a 20% tuition fee waiver.
  • Semester toppers are also eligible for scholarships during the course.

Other Scholarships

  1. Before Admissions scholarships:
  • Dr. Anandi Gopal Scholarship Scheme (SMCW)
  • 25% Inaugural Scholarship for SSPAD Students
  • 15% Fee Concession for Nagpur Domicile Category
  • SCOPE Scholarship for Girl Students from Adopted Villages
  1. Scholarships offered during the program:
  • Global Immersion Program Scholarship
  • SIU Sports Scholarship
  • NER Scholarships for Students from North-East Region

NER Scholarship Eligibility

  • Exclusive to students from the North-East Region (NER) of India.
  • Must have scored over 50% in 10+2 and graduation.
  • Required documents include domicile certificate, letter of recommendation, academic transcripts, and any other documents requested by the scholarship committee.

International Scholarship

  • For eligible international students at SIBM Bangalore.
  • Waives academic fees.
  • Criteria include passing 10+2 and graduation with over 50% marks, and proficiency in English (IELTS score of 6 or IELA Test with a minimum band of 3).

Government Scholarships

  • Various scholarships are offered by the Government of India to needy students at SIBM Bangalore, supporting their academic pursuits and career development.

For specific details on Government scholarships, refer to the provided table.

Scholarships Scholarship Details Eligibility
Central Scholarship Scheme
Post-Matric Scholarship for differently-abled Students Scholarships for Top Class Education for specially-abled students
Students who have a 40% or more disability with exemplary academic records are awarded this SIBM Bengaluru scholarship ranging from ₹ 500 to 4000.
NHFDC Scholarships and Loans for Students with Disabilities
Divyangjan Swavalamban Yojana
Students who have a 40% or more disability with exemplary academic records are allowed to take educational loans at a lower interest rate, for up to INR 50 Lakhs.
Vishesh Microfinance Yojana
Education Loans are offered to Differently-abled candidates at a reasonable rate of interest.
Credit Based Funding
Offering loans to specially-abled in professional or technical education at graduate or postgraduate levels.

Placement & Recruiters

The interim report for SIBM Bengaluru Placements 2023 has been released, revealing promising outcomes. Here are some of its highlights:

  • Students secured an impressive total of 57 PPOs/PPIs, indicating strong industry interest and early career opportunities.
  • SIBM Bengaluru witnessed a notable 19.61% increase in the average package, reaching INR 13.48 LPA (Lakhs Per Annum), reflecting the quality of education and talent pool nurtured at the institute.
  • The highest package offered to a student reached an impressive INR 21 LPA, showcasing the potential for lucrative career paths available to SIBM Bangalore graduates.
  • Over 125 recruiters actively participated in the Placements 2023 drive. Notable companies such as Capgemini, Deloitte, Infosys, Maruti Suzuki, and Hyundai were among the top recruiters, reaffirming the institute’s strong industry connections.
  • The BFSI (Banking, Financial Services, and Insurance) sector emerged as the leading recruiter, constituting 26% of the total recruiters, highlighting the diverse opportunities available across sectors.

For further insights into the Placements 2023 at SIBM Bengaluru, refer to the tables below:

Placements:

Particulars Placements 2023
No. of Companies visited
125+
No. of New Companies visited
65+
Highest CTC
INR 24 LPA
Average CTC
INR 14.47 LPA
Average CTC Top 10 Students
INR 19.72 LPA
Average CTC Top 25 Students
INR 18.39 LPA
Average CTC Top 50 Students
INR 17.75 LPA
Average CTC Top 100 Students
INR 16.39 LPA
Median CTC
INR 14.50LPA
Total Number of Companies
125 +
New Companies
70 +
No. of PPOs
59
Top Recruiting Companies
Capgemini, Deloitte, Infosys, Maruti Suzuki, Hyundai etc

Recruiters:

Sector Percentage of Recruiters
BFSI
26%
IT/ITES
21%
Consulting
18%
Manufacturing
15%
FMCG
10%
Others
10%

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Frequently Asked Questions (FAQs)

What programs does SIBM Bengaluru offer?

The institute offers a Master of Business Administration (MBA) program with specializations in Marketing, Finance, Operations, and Human Resource Management. It also offers an MBA in Quantitative Finance and an MBA in Business Analytics.

What are the eligibility criteria for the MBA program at this college?

Candidates must have a bachelor’s degree with at least 50% marks (45% for SC/ST) from a recognized university. They must also appear for the SNAP (Symbiosis National Aptitude) test, as admission is based on SNAP scores followed by a group discussion and personal interview.

How can I apply for the MBA program at this institute?

Candidates need to register and appear for the SNAP test. After obtaining a valid SNAP score, they must apply to the college through the official Symbiosis Institute of Business Management Bengaluru website by filling out the application form and paying the application fee.

What is the SNAP test, and how is it structured?

The SNAP test is a national-level entrance exam conducted by Symbiosis International (Deemed University). It is a computer-based test comprising sections on General English, Quantitative, Data Interpretation & Data Sufficiency, Analytical & Logical Reasoning, and Current Affairs.

What are the key features of Symbiosis Institute of Business Management Bengaluru’s campus?

Symbiosis Institute of Business Management Bengaluru’s campus is equipped with modern amenities, including state-of-the-art classrooms, a well-stocked library, hostels, sports facilities, and a health center. The campus provides a learning environment with its scenic location and infrastructure.

What placement opportunities are available for SIBM students?

This institute has a strong and supportive placement cell that collaborates with various reputed companies. The institute has a consistent track record of placing students in top companies across various sectors such as consulting, IT, finance, FMCG, and manufacturing.

Are there any student clubs or extracurricular activities at Symbiosis Institute of Business Management (SIBM) Bengaluru?

Symbiosis Institute of Business Management (SIBM) Bengaluru has numerous student clubs and committees focusing on areas like marketing, finance, operations, entrepreneurship, cultural activities, and social responsibility. These clubs provide students with opportunities to develop their skills, network, and participate in various events and competitions.

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