IIM Bangalore Fees, Placements, Cut Off, Package, Ranking, Executive MBA, PGPEM and Details
Indian Institute of Management Bangalore (IIMB) is a leading graduate school of management in Asia. Established in 1973, it is the third IIM to be founded after IIM Calcutta and IIM Ahmedabad. IIMB offers a range of post-graduate, executive, and doctoral programs in management, as well as certificate and executive education programs. IIMB is known for its excellence in research and scholarship, global character, values, diversity, and social impact.
This blog post will cover IIM Bangalore Fees, Admission, Cut Off, Courses, Placements, Package, Ranking, Executive MBA and PGPEM.
Consider reading: Top 10 Best Colleges in Bangalore
IIM Bangalore Admission and Cut-Off
IIM Bangalore admission process is based on the following criteria:
- CAT/GMAT/GRE score
- Academic performance
- Work experience
- Diversity
- Written Ability Test (WAT) and Personal Interview (PI)
The admission process is conducted in two phases. In the first phase, candidates are shortlisted for WAT and PI based on their CAT/GMAT/GRE score, academic performance, work experience, and diversity. In the second phase, candidates are evaluated on their WAT and PI performance, and a final merit list is prepared based on the composite score of all the criteria.
The cut-off for admission varies every year depending on the number and quality of applicants, and the availability of seats. The cut-off is also different for different categories of candidates. The table below shows the minimum cut-off for CAT 2023 for creating the shortlist for WAT and PI:
| Categories | Overall | VRC | DILR | QA |
|---|---|---|---|---|
| General | 85 | 80 | 80 | 80 |
| NC-OBC | 75 | 70 | 70 | 70 |
| EWS | 75 | 70 | 70 | 70 |
| SC | 70 | 60 | 60 | 60 |
| ST | 65 | 55 | 55 | 55 |
| PwD | 60 | 50 | 50 | 50 |
IIM Bangalore Courses
IIM Bangalore, renowned for its educational excellence, offers a diverse range of academic programs catering to various career aspirations. Here’s a detailed overview:
- Doctor of Philosophy (Ph.D.): A comprehensive five-year, full-time program designed for those aiming for research and teaching roles in business management and public policy. Specializations include Decision Sciences, Economics & Social Sciences, Entrepreneurship, Finance & Accounting, Information Systems, Marketing, Organizational Behavior & Human Resource Management, Production & Operations Management, Public Policy, and Strategy.
- Master of Business Administration (MBA): This two-year, full-time program is crafted to cultivate responsible global leaders. It covers a spectrum of general management topics like Accounting, Finance, Marketing, Operations, Strategy, Ethics, and more. The program is enriched with a variety of electives, international immersion opportunities, and student exchange programs.
- MBA in Business Analytics (MBA-BA): A specialized two-year, full-time program focusing on using analytical tools to address business and social challenges. It encompasses subjects like Machine Learning, Artificial Intelligence, Natural Language Processing, and Data Analysis, applying these across various management functions.
- Executive Post Graduate Programme in Management (EPGP): Tailored for experienced professionals, this one-year, full-time program aims to enhance skills for senior management roles. It includes core and elective courses, along with an international immersion module for a global business perspective.
- Post Graduate Programme in Enterprise Management (PGPEM): A unique two-year weekend program for mid-level and senior professionals, allowing them to study without leaving their jobs. It offers general management foundation courses and diverse electives, fostering peer learning and networking.
- Post Graduate Programme in Public Policy and Management (PGPPM): A one-year, full-time program designed for future policymakers and managers in the public sector. It covers Governance, Economics, Law, Social Development, and more, including field experiences and interactions with experts.
IIM Bangalore Fees
Pursuing higher education at IIM Bangalore, a premier institution, involves understanding the fee structure for its various programs. Here’s a concise breakdown:
- Ph.D. Program: Remarkably, this program has no tuition fee. Students must pay a refundable caution deposit of INR 20,000. In addition, they receive a monthly stipend (INR 35,000 for the first two years and INR 40,000 for the subsequent three years) and benefits like a contingency grant, conference grant, and laptop grant.
- MBA Program: The total cost is INR 23,00,000, covering tuition, hostel, library, computer fees, and other charges. Note: Personal, travel, and international immersion expenses are extra.
- MBA in Business Analytics (MBA-BA): The comprehensive fee is INR 25,00,000, encompassing tuition, hostel, library, and computer fees, among other charges. This does not include personal and travel costs, as well as expenses related to international immersion.
- Executive Post Graduate Program (EPGP): This program’s fee is INR 28,00,000, inclusive of all educational expenses similar to the MBA program. Additional personal and travel expenses are not covered.
- Post Graduate Program in Enterprise Management (PGPEM): For this course, students pay INR 19,50,000, covering essential educational fees. Personal and travel expenses are not included.
- Post Graduate Program in Public Policy and Management (PGPPM): The total fee is INR 18,00,000, inclusive of the primary educational charges. Similar to other programs, personal and travel expenses are extra.
Consider reading: IISC Bangalore Cut off, Admission, Courses, Placements, Ranking, Fees and Details
IIM Bangalore Placements and Package
IIM Bangalore, a leading business school, boasts a robust placement system facilitated by its dedicated Office of Career Development Services (CDS). The CDS’s commitment to students’ career success is evident through a series of year-round activities:
- Career Preparation: Activities such as career counseling, resume building, mock interviews, industry interactions, and workshops are systematically organized to align students with their career goals.
- Placement Process: The placement at IIM Bangalore is conducted in two distinct phases:
- Lateral Placement Process: Tailored for candidates with over 18 months of work experience, focusing on mid to senior-level roles.
- Final Placement Process: Open to all students, offering entry-level and junior roles across various sectors.
- Top Recruiters: The institute attracts leading firms across Consulting, Finance, IT, E-commerce, and more. Prominent recruiters include Accenture, Amazon, Bain & Company, BCG, Citi, Deloitte, EY, Goldman Sachs, Google, and more.
- Placement Statistics (2021-23 Batch):
- Companies Participated: 164
- Offers Made: 606
- International Offers: 14
- Average Salary: INR 35.31 LPA
- Median Salary: INR 33 LPA
- Highest Salary: INR 80 LPA
- Major Sector: Consulting, accounting for 40% of the offers.
IIM Bangalore Rankings
IIM Bangalore, a premier business school, has achieved impressive rankings both in India and globally. These rankings, awarded by esteemed national and international agencies, underscore the institute’s excellence in business education. Here’s an overview of its recent achievements:
- Financial Times Global MBA Ranking 2023:
- Rank in India: 1st
- Global Rank: 35th
- QS Global MBA Ranking 2023:
- Rank in India: 1st
- Rank in Asia: 2nd
- QS World University Ranking by Subject (Business and Management Studies) 2023:
- Rank in India: 1st
- Global Rank: 27th
- Economist Full-Time MBA Ranking 2023:
- Rank in India: 1st
- Global Rank: 36th
- Times Higher Education World University Ranking 2023:
- Rank in India: 1st
- Global Rank: 76th
- Eduniversal Best Masters Ranking 2023:
- Rank in India: 1st
- Rank in Asia: 4th
- NIRF Management Ranking 2023:
- Rank in India: 1st
- Global Rank: 19th
Consider reading: Top 20 Best Schools in Bangalore
PGPEM at IIM Bangalore
IM Bangalore’s Post Graduate Programme in Enterprise Management (PGPEM) stands out as a distinctive offering for working professionals seeking advanced management education without pausing their careers. Here’s a detailed look at the program:
- Program Duration: The PGPEM spans two years, segmented into eight terms of 10 weeks each, ensuring comprehensive coverage of key topics.
- Class Schedule: Classes are conveniently scheduled on Fridays, Saturdays, and Sundays, once every three weeks, to accommodate working professionals.
- Curriculum Structure:
- Core Courses (18): These cover essential management fundamentals, including Accounting, Economics, Finance, Marketing, Operations, Organizational Behavior, Strategy, and Ethics.
- Electives (12): Offers a broad selection in areas like Analytics, Entrepreneurship, Innovation, Leadership, Negotiation, Project Management, and Sustainability.
- Pedagogical Approach: The program employs a case-based and experiential learning methodology, enhancing understanding through real-world scenarios. Simulations, games, role-plays, projects, and assignments further reinforce learning outcomes.
- Expert Faculty: The program boasts the same esteemed faculty as IIM Bangalore’s other programs, bringing extensive academic and industry expertise.
- Peer Learning: Participants from diverse industries contribute rich insights, averaging 7 years of work experience. This diversity fosters an enriched learning environment and a robust peer network.
The PGPEM is an excellent choice for professionals aiming to:
- Elevate their management skills and knowledge.
- Propel their career growth and opportunities.
- Gain an edge in today’s dynamic business landscape.
- Learn from top faculty and a diverse peer group.
- Secure a prestigious degree from IIM Bangalore.
Final Thoughts on IIM Bangalore
IIM Bangalore is one of the most reputed and respected business schools in India and the world. It offers a range of programs that cater to the diverse needs and aspirations of the students and professionals.
It also provides a stimulating and enriching learning environment, where students can develop their potential and achieve their goals. IIM Bangalore is a place where excellence, innovation, diversity, and social impact are the core values and guiding principles.
If you are interested in pursuing management education from IIM Bangalore, you can visit their official website here and find out more details about the programs, admission process, fees, scholarships, and placements. You can also contact the admissions office or the program office for any queries or clarifications.
I hope this blog post has given you a comprehensive overview of IIM Bangalore and its various aspects. Thank you for reading and happy learning!
FAQs on IIM Bangalore
How difficult is it to get into IIM Bangalore?
Gaining admission to IIM Bangalore is highly competitive, with a meticulous selection process. The institute assesses candidates based on CAT/GMAT scores, academic records, and work experience, making it challenging for many aspirants, including those with high percentile scores, to secure a place in their prestigious PGP program.
Who is eligible for IIM Bangalore?
To be eligible for IIM Bangalore, candidates must have a graduation degree with a minimum of 50% marks (45% for SC/ST/PwD categories) and at least five years of work experience. This ensures a diverse and experienced cohort for their programs.
What is IIM Bangalore famous for?
IIM Bangalore stands out for its exceptional academic programs, esteemed faculty, and a robust network of accomplished alumni. Consistently ranking high, at 61st in the QS World University Rankings 2023 for Business & Management Studies, it offers a vibrant campus experience in Bangalore’s bustling epicenter.
What is the highest package in IIM Bangalore?
The highest package offered at IIM Bangalore in 2023 reached INR 1.15 crore. This statistic underscores the institute’s strong placement record, attracting top-tier recruiters and lucrative offers for its graduates.
