Symbiosis Institute of Business Management - [SIBM], Bangalore

Bangalore, KarnatakaEstd 2008 SIU, Pune NAAC Grade A
#54 For MBA By Outlook 2024  
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SIBM Bangalore: 57 Answered Questions

Is SIBM Bangalore worth considering?

Pratik ParikhLives in Bangalore

As a professional who was looking to give a push to his career, I had the same doubts regarding SIBM Bangalore when I made it to the first shortlist of every Symbiosis MBA college except for SIBM Pune.

I scored only 70 percentile in my CAT and 90 percentile in my CMAT which were not good enough scores to get me a seat in a Tier 1 or 2 college. Fortunately, my SNAP score (94 percentile) was good enough to get me a call from Symbiosis colleges, most of which were Tier 2 MBA colleges.

SIBM Bangalore may not have a big campus, but, it provides you with innumerable opportunities. As a SIBM Bangalore student, you will undergo great personality development. There are various co-curricular activities that you can be a part of. 

You can join various clubs and committees or go for roles such as Bloomberg Champion or  Student Research Assistant. As a student, you will be at the center of all the college activities. 

SIBM Bangalore is an amazing place to grow as a person and become even more confident and active in grabbing the opportunities that come your way.

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Which is better, SIIB Pune-IB or SIBM-B?

Malobika RoyMBA from Symbiosis Institute of Business Management, Bengaluru (2019)

Both the institutes belong to Symbiosis International University, are famous for placements and other facilities provided. Candidates must qualify for the entrance exam and the following interview and GD for admission. SIBM Banglore and SIIB Pune have an entrance called SNAP.

Admission: Similar admission procedures are there at both institutes. Admissions are based on strict eligibility criteria. Candidates should pass graduation with 50% marks. Final year graduation students can also apply. Qualification in SNAP is compulsory. SIIB Pune IB seat intake is 120.

Placements:

SIIB Pune: When focusing on the placement details, SIIB has 100% placements in the 2018-20 batch. Major recruiters from different industries like American Express, Nestle, Marico, Crisil, Danfoss, Bisleri, Nielsen, etc visit the campus for placements.

  • The highest international CTC offered was 62.85 LPA and the highest domestic CTC offered was 17 LPA.
  • The average CTC was recorded around 10.78 LPA.

SIBM Bangalore: It also has high placement rates. Regular recruiters include AB InBev, Accenture, Bisleri, Britannia, Dell Technologies, TATA motors, ITC, etc.

  • New recruiters in 2020 included PepsiCo, CARE ratings, SISCO, DHL Express, etc.
  • The highest domestic CTC was 25 LPA whereas, the highest international CTC was AED 102,000.
  • The average CTC was 10.26 LPA.
  • For summer placement, 100+ companies visited the campus. The highest and average stipend offered was INR 1,50,000 and INR 46,000.

The institute offers interactive sessions with leaders of top companies throughout the year.

Both the institutes offer scholarship schemes to support their students. The scholarships are based on merit. A fee waiver of 50% is available for the students.

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Which is better in terms of fees and placements, SIMS Pune or SIBM Bangalore? Which one should I go for in terms of ROI?

Aditi DeshpandeLives in Pune,Maharashtra

ROI should not only be looked at from the monetary aspect. Rather, ROI should also include the overall personality development of a student. This is because as an MBA student, one does not only invest money but also devotes valuable time for the course.

SIMS Pune has a lesser fee than SIBM Bangalore. For an MBA, SIMS Pune has a fee of around INR 10.5 Lakhs for general category students. The children of defense personnel are charged a lesser amount.

On the other hand, SIBM Bangalore charges around INR 19.1 Lakhs from Indian students of all categories. SIMS Pune has a larger alumni base and a greater industry connection. This is because SIMS Pune is very old in comparison to SIBM Bangalore.

In terms of ROI, SIMS Pune is better because of its lesser fee.

However, do consider these facts before arriving at the final decision-

  1. SIMS Pune has a 90% seat reservation for students of defense background. Because of this, general students have to score way higher in comparison to get a seat in SIMS. This affects peer learning and in an MBA, peer learning is what you do.
  2. Most coaching institutes such as Endeavor and TIME place SIBM Bangalore at a higher rank in the list of Tier-2 management colleges. This shows the reputation that SIBM Bangalore has created for itself in a short span.
  3. The placements at SIBM Bangalore are continuously increasing and have reached par with SIMS Pune. SIMS Pune is stagnant in terms of placements.
  4. The SIBM Bangalore tag has great value. Also, the location of SIBM B is a plus point, especially for those who wish to go for IT operations.
  5. Students from different backgrounds come together at SIBM Bangalore. There are ex-employees, freshers, and people from various educational backgrounds.
  6. SIBM Bangalore has a TEDx license, and Bloomberg terminals, all case studies are from Harvard business review, 12 clubs, and 12 committees, and there is an inclusion of courses on R, SPSS, tableau, and advanced Excel in the curriculum.

After considering all these points, I finally decided to go to SIBM Bangalore for my MBA.

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Which is better - the SIBM in Bangalore or the SIOM in Nashik?

Prerona Datta
Promila YadavMBA from Symbiosis Institute of Business Management, Bengaluru

SIBM Bangalore and SIOM Nashik, both share good repo among MBA colleges. Both colleges are Accredited with NAAC “A” Grade.But on comparing each other SIBM Bangalore has an edge over SIOM Nashik. In terms of Placements SIBM student has fetched 25 LPA as highest package but SIOM Nashik’s highest placement package is 17.7 LPA.SIOM is a core operations MBA college whereas SIBM has 7 streams for MBA. For those who want to pursue operation management then SIOM Nashik is a better choice.

The table mentioned below gives a brief overview of both institutes:

Aspects

SIOM Nashik

SIBM Bangalore

Year of Establishment

2005

2008

Fees

6.8 L/ Year

8 L/ Year

Entrances Accepted

SNAP

SNAP

Highest Package (2020)

17.7 LPA

25 LPA

Avg. Package

11.73

10.26 LPA

Top Recruiters

Deloitte, Amazon, Genpact, BAJAJ, IBM, TATA, Infosys, ACG, HFCL, Zycus

Aditya Birla Capital, Accenture, Genpact, Infosys, Oracle, PepsiCo, Wipro, Infosys, Cisco etc.

No. of Students

136 students

207 students

Selection Criteria

Admission to both the colleges are on the basis of marks scored in the entrance examination- SNAP. Candidates selected on the basis of marks scored in entrance examination will be further evaluated on the basis of performance in Group Exercise, Personal Interview and Written Ability Test.

Conclusion

Both the colleges are good colleges. On one hand, SIBM Bangalore offers more specialisations and has greater highest package while on the other hand, SIO Nashik has better RoI and Better Average Package.

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What are the chances that I convert my calls from SIBM Pune, SCMHRD or SIBM Bangalore? How is the GE PIWAT given when I have a 98.0456 percentile?

Aditi DeshpandeLives in Pune,Maharashtra

It is difficult to predict your chances of converting your calls from SIBM Pune, SCMHRD, or SIBM Bangalore as apart from a good percentile in SNAP there are various factors that are taken into consideration during the selection process apart from the percentile in entrance exams. These factors include academic background, work experience (if any), performance in Group Exercise (GE), Personal Interview (PI), and Written Ability Test (WAT), among others.

Particulars

SCMHRD Pune

SIBM Pune

SIBM Bangalore

SNAP Score

50%

50%

50%

Group Exercise (GE)

10%

10%

10%

Personal Interview (PI)

30%

30%

30%

Writing Ability Test (WAT)

10%

10%

10%

Total

100%

100%

100%

Having a 98.0456 percentile is a good score and puts you in a competitive position for the admission process but that does not guarantee the final call as WAT weighted is important and big enough to ignore. 

So, to increase your chances of converting your calls, you should prepare well for the GE, PI, and WAT rounds by improving your communication and presentation skills, staying updated with current affairs, practicing writing essays, and answering interview questions.

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Which is better, SIBM Bangalore or FORE?

Risha Sinha
Bidita GhoseLives in Bengaluru, Karnataka, India

My friend is an alumnus of FORE. According to him, FORE is a better choice in comparison to SIBM Bangalore. For this, he cites these reasons-

  1. FORE ranks higher in terms of industry recognition. This is the reason for a higher number of recruiters visiting the campus during placement months.
  1. Location-wise, Delhi is better from a multi-industry perspective as compared to Bangalore. Bangalore has more IT-related opportunities, but Delhi is home to a large variety of industries. This allows the student access to a larger spectrum of recruitments.
  2. FORE is an older brand. FORE has a longer background and stands higher in terms of prestige.
  3. FORE has a qualified faculty.

On the other hand, we can also say that SIBM Bangalore has the advantage of a reputation created by the older SIBM Pune. SIBM Bangalore has done well in recent years. Many HR recruiters have faith in the Symbiosis brand.

Overall, both SIBM Bangalore and FORE are good institutions. However, FORE is a better option.

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Which one is better: SIIB Pune or SIBM Bengaluru?

Deepika BatraMBA from Symbiosis Institute of Business Management, Bengaluru (2020)

Comparably, SIBM Bangalore is better. The institute stands out because of its unique pedagogy. 

  • It follows Harvard Business School Case Studies and Simulations. There are flipped classroom models in place to increase academic rigor. It has a Learning Management System (LMS) in place to facilitate learning, evaluation, and teaching. 
  • As a student of SIBM B, you will have access to amazing resources. The institute has Bloomberg lab, CMIE Prowess database, and library databases like EBSCO, Frost & Sullivan, Sage, Science Direct, etc. 
  • During SIBM Bangalore placements 2022, the average CTC stood around INR 10 LPA. For the top 50 students, the average CTC was INR 14.11 LPA. 

In terms of resources, academics, and placements, SIBM Bangalore is better than SIIB Pune. 

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Is the placement record of SIBM Bangalore inflated or is it true?

Bidita GhoseLives in Bengaluru, Karnataka, India

Not just the SIBM Bangalore placement records, most placement records at all the B-schools are inflated by around 20-30%. The placement committee increases the average CTC to look higher than the previous year. Also, the average CTC does not include people who remain unplaced. If a student gets two offers, both are included in the average. If a student gets a high-paying off-campus placement, the colleges include it in the placements report

Even the highest package is not correct in most cases. It can be an overseas offer and may have a 5-year retention bonus added to it. So if, say, the base salary offered is 15 LPA, you will get 2 Lakhs every year if you stay for 5 years.

Details of the offers are not made public which gives liberty to the colleges to twist facts to their advantage.

To get into SIBM Bangalore for your MBA will cost you around INR 19 Lakhs. As a student in a tier 2 college, you will most probably end up with an offer of INR 7 to 9 LPA. It is rare for students to get very high packages.

This is the reality of placements that I wanted to share with you as a former placement committee member. 

You can do an MBA from SIBM Bangalore however, arrive at your final decision after considering everything.

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Does GIM, FORE, KJ Somaiya & SIBM-Bangalore provide 100% placement? What is the lowest, highest, and average package offered from these B-Schools in the last few years? Which one will be the best to j

Gaurav Goplani
Aditya GodambeB.Tech in Electronics, K. J. Somaiya College of Engineering (Graduated 2020)

Yes, GIM, FORE, KJ Somaiya & SIBM-Bangalore all these B Schools enjoy 100% placement percentages. Speaking about figures, the highest and average packages of the mentioned colleges have been tabulated below. 


 

College 

Average Package

Highest package

GIM

INR 12.1 LPA

INR 30.2 LPA

FORE

INR 14.04 LPA

INR 41 LPA

KJ Somaiya

INR 10.98 LPA

INR 26.50 LPA

SIBM Bangalore 

INR 10.60 LPA

INR 32 LPA

More than figures, the deciding factors for your choice of college should be your interest, strengths, area of specialization and most importantly why you are pursuing an MBA. 

My friend is a pass out of SIMS. According to her, some features of SIMS are

  • the majority of the batch gets placed well in the 1st half of the academic year itself.
  • use of technological advancements in our day-to-day classroom life
  • qualified and knowledgeable faculty
  • Diverse crowd
  • Strong alumni base

All these features make SIMR one of the best B Schools of India. 

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Does GIM,FORE,KJ Somaiya & SIBM-Bangalore provide 100% placement? What is the lowest,highest,and average package offered from these B-Schools in the last few years? Which one will be the best to join?

Raktim Tarafdar
Advait JoshiLives in Mumbai, Maharashtra, India

GIM, FORE, KJ Somaiya, and SIBM Bangalore offer 100% placement support to the students. It is a bit grim to figure out the lowest packages as they do not provide exact information. In fact, none of the colleges could guarantee a job from their side; instead, they could assure plenty of opportunities. The aptitude, capacity, and performance in the interview play a chief role. 

Let us have a deeper look at SIBM Bangalore-

Many giant recruiters approach the college every year, and most of the applicants get placement in the first half of the academic year. The technological advancement in the classrooms, student-centric learning process, skilled and capable scholars, strong alumni network, and international links make SIBM one of the leading management institutes in Bangalore. 

Based on these facts, you can choose SIBM Bangalore. Whatever decision you make, choose wisely.

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