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Symbiosis Institute of Business Management (SIBM) Pune

Symbiosis Institute of Business Management – SIBM Pune, is one of India’s premier business schools, renowned for its academic excellence, industry relevance, and holistic development of students. 

Established in 1978, SIBM Pune is part of the Symbiosis International University (SIU), which is a multi-disciplinary, multinational educational conglomerate based in Pune, Maharashtra.

All About SIBM Pune

Symbiosis Institute of Business Management, SIBM Pune stands out as an epitome of excellence in management education. Its eagle-eyed approach to learning, strong industry interface, and commitment to student development make it a preferred choice for aspiring business leaders.

With its  legacy and continuous innovation, SIBM Pune is arduous to shape the future of management education in India and beyond.

Historical Background

SIBM was founded by Dr. S. B. Mujumdar with a vision to create a world-class educational institution that fosters leadership, entrepreneurship, and innovative thinking. Over the years, SIBM Pune has evolved significantly, adapting to the changing needs of the global business environment while maintaining its core values and commitment to quality education.

Campus and Infrastructure

The SIBM Pune campus is situated on a sprawling 300-acre hilltop in Lavale, offering a serene and apt environment for learning. 

The Excellent infrastructure includes:

  • A reference and lending library housing over 18,000 books, reports, journals, periodicals, CDs, and video cassettes.
  • High-speed internet access available in the academic block and hostels.
  • Classrooms equipped with the latest audio-visual technology.
  • Access to multiple databases including Scopus, Emerald, Euromonitor, EBSCO, Gartner, and more.
  • Smart boards and digital projectors installed in classrooms to enhance learning experiences.
  • A computer lab with 140 computers, providing broadband connectivity to both the Internet and Intranet through exclusive lease lines.
  • Bloomberg Terminals offers a comprehensive knowledge database, providing students with the latest global information and trends curated by Bloomberg.
  • Business simulation access for practical learning.
  • Authorized case center for Harvard cases.

Academic Programs

SIBM Pune offers a range of postgraduate programs in management, designed to cater to the diverse needs of the business world. 

The flagship programs include:

  1. Master of Business Administration (MBA):
    • Specializations in Marketing, Finance, Human Resources, and Operations Management.
    • A two-year full-time program that combines theoretical knowledge with practical insights.
  2. MBA in Innovation and Entrepreneurship:
    • Focuses on nurturing entrepreneurial skills and innovative thinking.
    • Designed for aspiring entrepreneurs and business leaders.
  3. Executive MBA:
    • A program for working professionals, offering classes on weekends.
    • Covers essential management concepts and practices.
  4. MBA in Leadership and Strategy:
    • Emphasizes strategic management and leadership development.
    • Suitable for mid-career professionals aiming for senior management roles.

Faculty and Research

SIBM Pune is renowned to have  a distinguished faculty comprising experienced academicians, industry experts, and researchers. The institute encourages faculty members to engage in research activities, contributing to the advancement of management knowledge. The faculty’s research outputs are regularly published in reputed journals and presented at international conferences.

Industry Interface and Collaborations

SIBM Pune places a strong emphasis on industry interface, ensuring that students are well-prepared for the corporate world. 

The Corporate Interface Team (CIT) at SIBM Pune serves as the primary liaison between the institute and the corporate world. The team is dedicated to establishing, maintaining, and enhancing the relationship between SIBM Pune and the industry, thereby strengthening the brand ‘SIBM Pune’. 

CIT’s core mission is to design, develop, and implement events such as guest lectures, symposiums, and seminars that complement the institute’s educational framework. Currently, the functions of the Corporate Interface Team have been integrated with those of the Placement Advisory Team (PAT).

Key functions of CIT include:

  • Regular interactions with industry leaders, providing insights into current business trends and practices.
  • Mandatory internships that offer hands-on experience in real-world business environments.
  • Opportunities for students to work on live projects with companies, solving actual business problems.
  • Partnerships with leading global business schools and corporations for academic exchange programs, joint research, and more.

Placement and Career Services

SIBM Pune has an exemplary placement record, with top companies from various sectors recruiting its graduates. 

Highlights of SIBM Pune’s placements report 2023:

  • The year 2023 marked a significant achievement for SIBM Pune with over 99 recruiters from diverse sectors such as Automotive, BFSI, Consulting, FMCG/FMCD, Healthcare & Pharmaceuticals, IT/ITES, Manufacturing, and more.
  • Leading companies offered prestigious roles in Consulting & Strategy, Finance, General Management, Human Resources, Operations & Supply Chain, and Sales & Marketing. 
  • The highest CTC for 2022-24 batch was an impressive INR 49.00 LPA, with an average CTC of INR 28.16 LPA and a median CTC of INR 25.00 LPA.
  • Outstanding performances in summer internships, case competitions, and live projects led to an impressive 96 Pre-Placement Offers. 
  • Students gained entry into esteemed management programs such as the Accenture Talent Accelerator Program, Asian Paints IMPRINTS Program, Bajaj Finserv Group Young Leadership Program, Cipla ALIVE Program, Godrej Industries GALLOP Leadership Program, Marico STAMP Program, and Reliance Emerging Leadership Program, among others.
  • SIBM in 2023 also declared new partnerships with esteemed organizations like Airtel, Air India, ASK Wealth Advisors, Avery Dennison, British Petroleum, HCCB, Mastercard, Petronet, Purplle.com, Seclore, TATA AIA Life Insurance, TATA Capital, Varroc, Waterfield Advisors, and more.

The Placement team (PAT) at SIBM Pune plays a pivotal role in facilitating placements, providing career guidance, and organizing recruitment events. 

Key features include:

  • Workshops and training sessions on resume building, interview skills, and group discussions.
  • A strong placement process with participation from leading companies such as Google, Amazon, Deloitte, and Accenture.
  • Guidance and resources for students interested in starting their ventures.

Student Life and Activities

SIBM Pune offers a euphoric student life, with numerous clubs, committees, and events that helps personal growth and networking. The Students’ Council at SIBM Pune serves as the main student body, responsible and accountable for organizing all campus activities throughout the year. 

This council is composed of teams of first- and second-year students, led by coordinators. These coordinators, together with the President of the Students’ Council, form an executive body that oversees all activities.

These teams operate with the interests of SIBM Pune, the student community, the industry, and alumni in mind, striving to uphold the institute’s vision and achieve excellence. The executive council is given the autonomy to plan and set goals for their respective teams, utilizing budgeted resources effectively to meet these objectives. The Director and Faculty Chairperson provide guidance and support.

The Students’ Council at SIBM Pune includes the following teams:

  • Alumni Team
  • Art
  • Corporate Interface Team (CIT)
  • Co-curricular team (Co-C)
  • Information Systems and Media Relations Team (ISMART)
  • Innovation Council (IC)
  • Placement Team (PAT)
  • Research & Scholastic Development Team (RSDT)
  • Social & Governance Cell (SGC)
  • Sports Management Team (SMT)

Alumni Network

The alumni network of SIBM Pune is a valuable asset, with graduates holding prominent positions in various industries worldwide. The institute maintains strong ties with its alumni through:

  • Regular events and reunions that facilitate networking and knowledge sharing.
  • Alumni mentoring current students, providing career guidance and industry insights.
  • Contributions in the form of guest lectures, recruitment, and support for institute initiatives.

SIBM Pune has an impressive list of successful alumni who have made their mark across diverse industries. Some of the notable graduates include:

  1. Harsha Bhogle, a renowned cricket commentator and journalist.
  2. Kiran Deshpande, Co-founder and President of Mojo Networks.
  3. Radhika Piramal, Managing Director of VIP Industries.
  4. Aniket Kulkarni, Co-founder of Insight 360, a market research and consulting firm.
  5. Anurag Katriar, CEO of deGustibus Hospitality.
  6. Raghav Verma, Co-founder of Chaayos, a popular tea café chain.
  7. Nikhil Arora, Managing Director and Vice President of GoDaddy India.

These individuals exemplify the high caliber of professionals that SIBM Pune continues to produce.

Accreditations and Rankings

SIBM Pune has received several accolades and recognitions, affirming its status as a top-tier business school. 

Some of their notable achievements include:

  • Symbiosis International University (SIU) has achieved notable rankings, being placed among the top 50 universities in India by the National Institutional Ranking Framework (NIRF) of the Government of India.
  •  Additionally, the QS World University Rankings survey of 2018 recognized SIU among the top 250 universities in Asia and the top 150 in the BRICS region. 
  • In 2023, the Symbiosis Institute of Business Management – SIBM Pune was ranked 17th in the management category among all business schools in India by the NIRF. 
  • Furthermore, the institute received a ‘Gold’ Star rating from the QS Star University Rating in 2018.

Eligibility Criteria

To be eligible for admission to the MBA Programme of SIBM Pune, applicants must meet the following requirements:

  • Candidates must hold a bachelor’s degree from a recognized University or Institution of National Importance with a minimum of 50% marks or an equivalent grade. 
  • For SC/ST candidates, the minimum required marks are 45%.
  • Candidates who are currently in their final year of study are also eligible to apply. However, their admission is contingent upon achieving a minimum of 50% marks (45% for SC/ST) in their final examinations.

Intake

  • Total Seats Available: 180 students

Reservation within Intake

  • Scheduled Castes (SC): 15%
  • Scheduled Tribes (ST): 7.5%
  • Differently Abled: 3%

Reservation above Intake

  • Kashmiri Migrants: 2 seats
  • International Students: 15%

Admissions Process

The admissions process at SIBM Pune is highly competitive, ensuring that only the best and brightest candidates are selected. The selection process for admission to SIBM, Pune involves two steps:

Step I: SNAP Test

  1. Symbiosis National Aptitude (SNAP) Test: Every student wishing to apply to SIBM, Pune must take the SNAP Test, which is a common entrance exam for all Symbiosis post graduate institutes.
    • For details and registration, visit the official SNAP Test Website. Register for the test and also for SIBM Pune by paying an additional Rs. 1000/- plus GST.
    • Keep the SNAP Test Admit Card for the subsequent selection process at SIBM, Pune. Note that appearing for the SNAP Test does not guarantee qualification for the next selection stage.

Step II: Selection Process at SIBM, Pune

  1. Shortlisting and Online Selection Process:
    • Based on SNAP scores, shortlisted candidates will be invited to the online selection process.
    • Shortlisted candidates will be announced via a web link on the SIBM Pune website as per the scheduled dates. No individual regret letters will be sent to those not selected for the Group Exercise & Personal Interview (GE-PI).
    • The selection process includes Group Exercise and Personal Interview (GE-PI).

Caution

  • Ensure all details are correct when filling out the forms. Incorrect information at any stage can lead to disqualification or cancellation of admission without explanation.

Important Instructions

  • Always include your SNAP ID, full name, email ID, contact number (with STD code), and address with PIN Code in all correspondence with SIBM Pune.
  • Regularly check the SIBM Pune website for updates. No separate communication will be sent.
  • SNAP Admit Cards must be produced for the selection process.
  • Shortlisted candidates for Step II (GE-PI) and the merit list will be published on the SIBM Pune website according to the scheduled dates.

For admissions inquiries:

In the following table you can find the jist of SIBM Pune admission process:

Eligibility Criteria
Graduation from a recognized university with a minimum percentage.

Work experience (for certain programs) is an added advantage.
Entrance Exam
Symbiosis National Aptitude Test (SNAP), a mandatory test for admission to SIBM Pune.

Tests candidates' aptitude in areas like General English, Quantitative, Data Interpretation & Data Sufficiency, and Analytical & Logical Reasoning.
Selection Process
Shortlisting based on SNAP scores.

Group Exercise, Personal Interaction, and Written Ability Test (GE-PIWAT) for final selection.

Scholarships and Financial Aid

SIBM Pune offers various scholarships and financial aid options to support deserving students. These include:

  • Merit-Based Scholarships: Awards based on academic excellence and performance in entrance exams.
  • Need-Based Scholarships: Assistance for students from economically weaker sections.
  • Corporate Scholarships: Sponsored by companies and alumni, supporting students’ education.

In the following table you will find the necessary details regarding different scholarships offered at SIBM Pune:

Scholarship Name Eligibility Scholarship amount
PG Merit Scholarship (2 Scholarships available for MBA and MBA I&E Programs- SNAP Toppers and Semester-wise toppers)
For 1st Semester: Toppers of SNAP

For Subsequent Semester: Top performers in preceding semester
Waiver of 50% of Academic Fees
MBA Scholarship for IIT Graduates
For the IIT graduates who join MBA at Symbiosis
20% Fee Waiver
Jayatee Deshmukh PG Scholarship for a Girl Student
Female SNAP Toppers are eligible
Partial or Full Fee waiver
Central Sector; AICTE; UGC-MHRD; Other Govt Scholarship Schemes
The scholarships are awarded based on both merit and financial need, with a specified income limit for eligibility.

Various scholarship programs are available to support deserving students, including those for girls, SC, ST, EWS, Defence personnel, labor families, and other categories.
Partial of Full Fee waiver
International Scholarships for MBA students
Deserving international students are eligible to apply.

The student must have the final result of the last qualifying examination
50% Fee Waiver (Academic Scholarship)
African Students Scholarship under ‘Educate Africa Program’
All students having an African nationality are eligible to take admission.
30% Concession on Academic Fees

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Frequently Asked Questions (FAQs)

What is SIBM Pune known for?

SIBM Pune is renowned for its MBA programs and strong industry connections.

What courses does SIBM Pune offer?

SIBM Pune offers MBA, MBA (Innovation & Entrepreneurship), Executive MBA, and various management diplomas.

How can I apply to SIBM Pune?

Applications are submitted online through the official website, and candidates must take the SNAP exam.

What is the SNAP exam?

The Symbiosis National Aptitude (SNAP) Test is a national-level entrance exam for Symbiosis institutes.

Does SIBM Pune provide placement support?

Yes, SIBM Pune has a robust placement cell that assists students with internships and job placements.

What extracurricular opportunities are available at SIBM Pune?

Students can engage in various clubs, cultural events, and industry interface activities.

Where is SIBM Pune located?

SIBM Pune is located at Lavale, Pune, Maharashtra, India.

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