Indian Institute of Management Bangalore (also known as IIM Bangalore) is among the top graduate schools for Management education in Asia. Established in 1973, it admits over 1,200 students across several programmes every year. IIM Bangalore was ranked 2 among the top 100 B-schools in India by the NIRF 2021. Accredited by the EQUIS since 2019, it is the only Indian Management B-school in the Global Network for Advanced Management. It is also the part of the Yale-initiated network of 32 top-notch global B-schools. IIM Bangalore has crossed over 225 incubates and has an alumni entrepreneur network of over 40,000 students with its NSRCEL incubator. IIM Bangalore offers numerous Management courses at PG, doctoral and certificate level such as PGP (MBA), EPGP and PhD, among others. Out of all these the two-year PGP leading to an MBA degree is the flagship course of IIMB and admission to this programme is based on a valid score in CAT exam.
Now we will talk about some Key points of IIM Bangalore
• IIMB has been ranked 2nd by NIRF 2020.
• An alumni of IIMB has raised over 2 crore to name a classroom after a professor of marketing department.
• In 2021-23 batch, 51.11% are male and 48.89% are female.
• Engineering students accounts maximum percentage of the batch followed by Arts, Science and management.
• The median GMAT score for this batch was 730.
• An orientation program was organize from 28-30 June to inform the students and their parent about the various details of admission process.
• IIMB has announced the launch of Mahatma Gandhi National Fellowship in Association with Ministry of Skill Development and Entrepreneurship (MSDE), Government of India and State Skill Development Missions (SSDMs).
• IIMB students are planning to host a start-up competition where students can showcase their entrepreneurial skills.
IIM Bangalore Admission
IIM Bangalore admission to the majority of the PG and doctorate programmes is entrance-based. Candidates, willing to seek admission, must confirm their interest to IIM Bangalore to get considered for final admission. IIM Bangalore offers a wide variety of PG, doctoral, certificate and short-term executive programmes to students in the field of Management. The two-year, residential flagship MBA programme is available across 10 electives, including Decision Sciences, Economics and Social Sciences and Entrepreneurship among others.
To the flagship course of IIM Bangalore, i.e. PGP (or popularly called MBA), admission is subject to a valid score in CAT. International students, however, need a valid score in GMAT exam. For other courses, admission is based on valid scores in national-level entrance exams. Candidates seeking admission are required to apply online.
There are mainly 5 Course in IIM Banglore
1. MBA or PGP , 2. E-PGP, 3. MBA in BA, 4.PGPEM, 5. PhD.
Selection Criteria for MBA
– Eligibility: Graduation with 50%
– Selection: CAT + PI + WAT + Past academic performance
– Total fees – 23.20 lakh
Selection Criteria for E-PGP
– Eligibility: Graduation with 50% + 5 years of experience
– Selection: GMAT/GRE + PI + Past academic performance + WAT
– Total fee – 29 lakh (with shared accommodation)
– 31 lakh (with family accommodation)
Selection Criteria for MBA in BA
– Eligibility: Any UG degree
– Selection: CAT/ GMAT + Personal Interview (PI) + WAT
– Total fee – 23.20 lakh
Selection Criteria for PGPEM
– Eligibility: UG degree with 50% + 4 years work experience
– Selection: CAT / GRE/ GMAT/ IIMB Test + PI + WAT
– Total fee – 19 lakh
Selection Criteria for PhD
– Eligibility: PG degree with at least 55% aggregate
– Selection: GMAT/ GRE/ CAT/ GATE/ JRF (NET)/ IIMB Test + Interview
No tuition fee
IIM Bangalore Placements
IIMB has a strong track of placements.The major recruiting companies are Amazon, Accenture,Mckinsey and company,Microsoft,Phillips,Uber etc. The major area of employment is Consultancy followed by General Management, Finance and IT, Sales and marketing.
Lets Take an Example of Placements held in 2020-
• The Average package was Rs.28.89 lakhs.
• In 2020, IIM Bangalore Placement 2020 witnessed 518 offers rolled out for 429 PGP students. The average domestic CTC offered to the students was of INR. 26.18 LPA.
• The EPGP department hosted over 30 recruiters who offered 61 job opportunities to 73 students from the 2021 batch.
IIM Bangalore Scholarships
IIM Bangalore provides numerous scholarships to the deserving students. Students whose annual income is less than Rs.8,00,000 per annum are eligible to apply for these scholarships. IIMB ensures that students who are in need of fnancial help but have callibre in them should be encouraged.
Some Scholarships are-:
• Aditiya Birla Scholarship-It is provided to the PGP students. It is provided to 25% of the batch in first year. Students who were eligible for scholarship in first year can apply for renewal. The amount of scholarship is Rs.1.75 lakhs per student.
• OPJEMS Scholarship- This is a merit based scholarship provided to the second year students. The first ten toppers of the first year are eligible for this scholarship on the basis of an exam conducted by OP Jindal Group. It is provided to one student and it’s amount is Rs.1.5 lakhs.
• Citi Women’s Leader Award- This merit based scholarship covers the second year tuition fees. 25% of the batch is eligible for this scholarship. Students are selected on the basis of statement of purpose and interviews conducted by Citi Group.
• Society General Global Solution Centre India Scholarship- This scholarship covers the whole tuition expense in full. It is provided to the neediest of the applicants in first year and interviews conducted by Societe Generale.
