SIBM Bangalore Placements 2023: Average Package: INR 13.48 LPA & Highest Package: INR 21 LPA

Bangalore, KarnatakaEstd 2008 SIU, Pune NAAC Grade A
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SIBM Bangalore Placements 2023: Average Package: INR 13.48 LPA & Highest Package: INR 21 LPA

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Written By Collegedunia Team 

SIBM Bangalore has released its Interim Placement report for batch 2023. 125+ Top Recruiters took part in the SIBM Bangalore Placement Drive which included 65+ New Recruiters. 57 PPO/PPI were offered to the Students. SIBM Bangalore recorded a 19.61% Increase in Average Package which stood at INR 13.48 LPA. The highest package remained at INR 21 LPA while the median package was received at INR 13 LPA.

SIBM Bangalore has also released its report for Summer Placements 2023. SIBM Bangalore highest stipend stood at INR 2.70 Lakhs while the average stipend remained at INR 62 K.

SIBM Bangalore

 

SIBM Bangalore Placements 2023 Report

Particulars Placements Statistics (2023) Placements Statistics (2022)
Number of Recruiters 125+ 100+
Number of New Recruiters 65+ 45+
Number of PPO/PPI 57 32
Highest Package INR 21 LPA INR 26.54 LPA
Average Package INR 13.48 LPA INR 11.27 LPA
Median Package INR 13 LPA INR 11 LPA
Top Sector BFSI IT / ITES
Top Recruiters Capgemini, KPMG, L&T, Deloitte, Wipro, Crisil, PwC, Titan, Accenture Genpact, McKinsey & Co., PwC, KPMG, IBM India, Deloitte, Whatfix

The below table shows the top Management Colleges Placement comparison:

College Name Highest Package Average Package Median Package Number of Recruiters
NMIMS Bangalore INR 19.70 LPA INR 14 LPA INR 13 LPA 62
SIIB Pune INR 82 LPA INR 71 LPA INR 65 LPA -
GIM Goa INR 60.4 LPA INR 14.87 LPA INR 14.70 LPA 47
TAPMI INR 24.8 LPA INR 14.6 LPA - -
 

SIBM Bangalore Placements 2023 Salary Wise

Salary Amount
Top 10% Average Package INR 18.82 LPA
Top 25% Average Package INR 17.94 LPA
Top 50% Average Package INR 17.42 LPA
Top 100% Average Package INR 16.24 LPA
Top 50% Median Package INR 17.01 LPA
Top 100% Median Package INR 16.23 LPA
 

SIBM Bangalore Placements 2023 Sector - Wise

SIBM Bangalore Sector - wise details for Placement 2023 is tabulated below:

Sector Number of Offers
BFSI 26
Manufacturing 14
IT / ITES 12
Consulting 12
Services 12
FMCG 6
Retail 3
Others 15

Check SIBM Bangalore Courses & Fees

 

SIBM Bangalore Placements 2023 Domain - Wise

SIBM Bangalore Average Package Domain - wise Placement 2023 data is tabulated below:

Domain Average Package
Marketing INR 13.63 LPA
Finance INR 13.32 LPA
Operations INR 13.77 LPA
Human Resources INR 13.43 LPA
Business Analytics INR 13.90 LPA
Quantitative Finance INR 12.83 LPA
 

SIBM Bangalore Placement Year - Wise Trends

Placement Year Highest Package Average Package
2022 INR 26.54 LPA INR 11.27 LPA
2021 INR 32 LPA INR 10.40 LPA
2020 INR 25 LPA INR 10.26 LPA

Check SIBM Bangalore Admission

 

SIBM Bangalore Placements 2023 Top Recruiters

Accenture KPMG Credit Suisse
ABInBev Wipro McKinsey & Co.
Deloitte Infosys Maruti Suzuki
Hyundai Capgemini JP Morgan Chase & Co.
Crisil Thoucentric TresVista
 

SIBM Bangalore Summer Internship Placements 2023

Particulars Internship Statistics (2021-23) Internship Statistics (2020-22)
Number of Recruiters 60+ 100+
Highest Stipend INR 2.70 Lakhs INR 2.30 Lakhs
Average Stipend INR 62 K INR 47 K
Top Recruiters Bain & Co., Deloitte, Infosys, Jio, Schneider Electric, JP Morgan ABInBev, ICICI Bank, DE Shaw Group, Federal Bank, Michael Page

Check SIBM Bangalore News

 

SIBM Bangalore Alumni Network

Company Name Number of Alumni Company Name Number of Alumni
JP Morgan Chase & Co. 17 Deloitte 4
Credit Suisse 9 TCS 2
Morgan Stanley 7 TATA Advanced Systems Limited 2
Cogoport 5 Airtel Business 2
Nilkamal Limited 5 SBI General Insurance 2
KPMG 5 - -
 

SIBM Bangalore Placement FAQs

Ques. What is the highest CTC offered at SIBM Bangalore Placements 2023?

Ans. The highest CTC of INR 21 LPA was offered at SIBM Bangalore Placements 2023.

Ques. What is the average CTC offered at SIBM Bangalore Placements 2023?

Ans. The average CTC of INR 13.48 LPA was offered at SIBM Bangalore Placements 2023.

Ques. What is the Median CTC offered at SIBM Bangalore Placements 2023?

Ans. The median CTC of INR 13 LPA was offered at SIBM Bangalore Placements 2023.

Ques. How many recruiting companies visited the campus during SIBM Bangalore Placements 2023?

Ans. More than 125 companies visited the campus during SIBM Bangalore Placements 2023.

Ques. How many new companies visited the campus during SIBM Bangalore Placements 2023?

Ans. More than 65+ companies visited the campus during SIBM Bangalore Placements 2023.

Ques. Who were the top recruiters participating in the SIBM Bangalore Placements 2023?

Ans. Capgemini, KPMG, L&T, Deloitte, Wipro, Crisil, PwC, Titan, Accenture etc participated in the SIBM Bangalore Placements 2023.

Ques. What was the highest stipend offered during SIBM Bangalore Summer Internship Placements 2023?

Ans. The highest stipend stood at INR 2.70 Lakhs during SIBM Bangalore Summer Internship Placements 2023.

Ques. What was the average stipend offered during SIBM Bangalore Summer Internship Placements 2023?

Ans. Students received an average stipend of INR 62 K during SIBM Bangalore Summer Internship Placements 2023.

SIBM Bangalore Highest and Average Package

Highest PackageAverage Package
21 L
13.48 L
04.2 Lakhs8.4 Lakhs12.6 Lakhs16.8 Lakhs21.0 Lakhs

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Why To Join SIBM Bangalore - Reviews & Rating

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Placement Experience:

Placement is pretty decent with an average of nearly 15 lakh per annum CTC, and it's an increase of 10 percent over last year. The highest package was 24 lakhs and the median of around 15 lakhs. Of course, ROI is always a question mark but brand SIBM helps in overcoming it.

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RANDHIR PRATAP SINGH
RANDHIR PRATAP SINGH MBA, General (Enrolled 2023) Reviewed on Mar 31, 2024
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SIBM Bangalore

3.4Helpful

Placement Experience:

From 1st semester onwards, every student is eligible for Summer Internships and from 3rd year everyone is eligible for the Final Placements. Companies like Credit Suisse, JP Morgan, Morgan Stanley, ITC, and MTR visit our campus.

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Kunal MBA, General (Enrolled 2022) Reviewed on Feb 2, 2023
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Life at SIBM,B

4.4Helpful

Placement Experience:

Students become eligible for campus placements right after completing 3rd Semester, here are various companies visited on campus in the figure it is 100+ and all the batches got a placement with a good amount of package. The highest package is around 38L and the average package is around 13L per Annum with great profiles like Credit Risk, Business Intelligence, Data Analyst, Marketing Consultant, and many more. SIBM B has been consistently making 100% placements every year. my plan after getting MBA(BA) Degree from SIBM, B is to get placed in a well-reputed company as a business analyst role and put my valuable output in terms of the company's benefit.

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Anuj Gaur MBA, Business Analytics (Enrolled 2022) Reviewed on Jan 15, 2023
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Placement Experience:

The placements provided are excellent as SIBM Bengaluru has carved out a good name amongst companies with a legacy of 13 years. The median LPA is around 10.40 which has been increasing significantly over the years

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Nishant Vartak MBA, Finance (Enrolled 2021) Reviewed on Nov 29, 2021
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Placement Experience:

Campus placements are offered and the college has been recording a 100% placement now. The average packed stands somewhere near 12 LPA and the highest ranges up to 32 LPA. Some companies that visit include ITC, JP Morgan, Morgan & Stanley, DHL, etc.

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ANSH MEHTA MBA, Marketing (Enrolled 2021) Reviewed on Nov 26, 2021
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Life at SIBM-B

3.9Helpful

Placement Experience:

The placements are rolling placements and they give amazing opportunities. The season of placement goes on for 4 months with different top brand companies approaching us. There is plenty both in MNC and start ups. Avg package is 10.3 lakhs and the highest was 32 lakhs

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Mustafa Handy MBA, Finance (Enrolled 2021) Reviewed on Nov 26, 2021
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Placement Experience:

As the first batch of BA will get placement in 2021. The process is on going however based on feedback students are really getting on par placement with MBA students and their profile ranges from analyst to specialist in top financial service organisation like hdfc, icici, jpmc, cs, morgan stanley and product companies are also recruiting in huge number as use of data in decision is increasing day by day and banglore is silicon valley for companies

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rashmi rakesh MBA, Business Analytics (Enrolled 2021) Reviewed on Nov 25, 2021
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Placement Experience:

The placement is good and growing year by year. The highest package is 32 LPA with an average of 10 LPA and the top quarter gets around 14-15 LPA. Also, business analytics and QA MBA people are included in these packages which are new courses and received such good response from all top companies like JPMC, CS, Morgan Stanley, Google, ITC, and lots more

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Rutvik patel MBA, Marketing (Enrolled 2021) Reviewed on Nov 25, 2021
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Placement Experience:

Placements are growing year by year. For the 2021 batch, the average placement is 10.6 LPA, with the median placement I 10 LPA and the top percentile quarter get up to 15 LPA. The highest placement is 32 LPA. Top companies like ITC. MTR Food, Big 4, Google, Cummins, Tata steel, RBI, JPMC, Morgan Stanley, CRISIL come to campus. The profile offered from analyst to consulting with a wide range of industries and domains.

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ishan jain MBA, Marketing (Enrolled 2021) Reviewed on Nov 22, 2021
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Internships

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Placement Experience:

The college provides excellent facilities for campus placement both for summer internships and final placement. A hard-working student can achieve a lot from the opportunities that come to the campus. The first round of interviews happen for the summer internships (to be done between the 1st and 2nd year). These interviews happen during the 1st and 2nd semester. The next season of interviews happens for the final placements during the 3rd and 4th semester.

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Ishika Moitra MBA, Marketing (Enrolled 2019) Reviewed on Apr 1, 2021
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SIBM Bangalore: 9 Answered Questions

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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How is SIBM Bangalore as a college? Are the placement reports embellished or are they accurate?

Sayantani Barman
Bidita GhoseLives in Bengaluru, Karnataka, India

First of all, you should give importance to quality education instead of placements. If you are skilled and have sufficient knowledge of the concerned subject, then you will be easily placed in a company with a decent package. Various companies visit SIBM Bangalore every year, and you will get the opportunity to sit down with top recruiters. You will be placed based on your skills and knowledge. SIBM cannot guarantee 100% placement; instead, it give enough opportunities to learn and grow. This scenario is the same with all the business Schools in India

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Which college is better between SIBM Bangalore and TAPMI? The average placements for both the colleges stand the same which makes the decision tough.

Jayant ThakurLives in Bengaluru, Karnataka, India

When comparing two B-Schools with similar placements, there are a couple of factors you should consider. Firstly, you should look at the batch size and the brand. TAPMI has a larger batch size compared to SIBM Bangalore, which may lead to more dilution in resource allocation. 

On the other hand, a smaller batch size in two equally-matched B-Schools ensures batch quality. The second factor to consider is the brand of the B-School, which is something you should analyze on your own. It is important to understand the brand value of a B-School, as it reflects its reputation in the industry and the quality of education it provides. Ultimately, you should choose a B-School that aligns with your goals and aspirations, and provides you with the best opportunities to achieve them.

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Which college gives a better placement, SIBM Bangalore or SIBM Hyderabad?

Akanksha Gupta
Rupkatha Guptastudied at Symbiosis Institute of Business Management, Bengaluru (2020)

SIBM Bangalore offers better placements. The average CTC offered to students is INR 10.40 LPA. For the academic year 2022, SIBM Bangalore placements witnessed the highest CTC of INR 14.11 LPA. Wipro, Capgemini, Accenture were the major recruiter in the placement drive. Students usually get placement offers from different domains such as BFSI, Healthcare, Consulting, Manufacturing, etc. 

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How is the placement for an MBA at Symbiosis Bangalore?

Aarav KapoorMBA student at SIBM Bangalore

Business World ranks the college in 48th position out of 159 Top Private Colleges in India (2019). JoshMBA ranks it in the 20th position nationally for the MBA course.

Master of Business Administration (MBA):

Admission:

The MBA two year degree in Symbiosis Bangalore offers several programs and specializations. The total intake of the full-time course is 180 students. The following courses can be pursued through the MBA degree.

  • MBA in Quantitative Finance

  • MBA in Business Analytics

  • MBA in Family Managed Business & Entrepreneurship

  • MBA (Part-time)

Students have access to cases from Harvard and Bloomberg Terminal with regular industry visits for practical knowledge. Online Teaching platforms are also accessible to students. The tuition fee of the MBA program is ?16.2 Lakhs.

Facilities:

  • There are 17 teaching faculties with 10 Assistant professors, 2 Directors, 4 Adjunct faculties, and one professor.

  • Additionally, there is 15 technical staff as well.

  • The department also collaborates regularly with TedX.

  • All the classrooms, conference rooms, and seminar halls are equipped with Wi-Fi.

  • The campus library has over 12,057 Books and CDs, Periodicals, Journals, Magazines, and online databases.

Placements:

  • Accenture, Dell, Deloitte, ITC Limited, Maruti Suzuki, Puma, Bajaj Allianz, Bisleri, Britannia, Google, H&M, IBM, JIO Studios, etc are some of the major recruiters of MBA graduates of Symbiosis, Bangalore.

  • In the year 2019, 199 students were eligible for placements out of which the male-female ratio was 115-84.

  • The highest salary package was INR 28.26 LPA while the average salary package was around INR 9.79 LPA.

  • The highest international stipend was INR 20,44,197 (AED 102,000).

  • Summer Internships from companies like Big Basket, Deloitte, Capgemini Morgan Stanley, and Reserve Bank of India were available for students.

  • The highest stipend was INR 1.62 lakhs and the average was around INR 47,000.

There are 12 student clubs on campus and some of them are Opsession – The Operations Club, PRISyM – The Marketing Club, FINERGY – The Finance Club, Ensemble – The HR club, GEOCON- The Geopolitical and Economics club.

An MBA is a professional degree is a huge proposition in a market-driven economy. Job profiles like Business Operations, Corporate Banking, Investment Management, etc can be pursued. Graduates can also start their own company or manage a family-owned business. The MBA course at this University is superior and well-known internationally. Students can pursue the course keeping in mind the placement statistics and department-specific information.

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What should I choose between SIBM Bangalore and BIMTECH PGDM-IB? How are the placements for the same?

Dhruv Kaushik
Saurav SuklaB.Com from Vanijya Mahavidyalaya, Patna University (2020)

BIMTECH’s PGDM in International Business is its flagship program. Admission is done through CAT/ XAT/ GMAT followed by further scrutinization via BIMTECH WAT and personal interviews. The two-year program offers students the specializations in International trade, Marketing, Finance and Operations.

MBA in HR is the flagship program of SIBM Bangalore, ranked among top 50 B-Schools in the country. There are various specializations offered under PGDM such as HR, Business Analytics, Operations Management, Financial Management. The international collaborations with universities from countries like France, USA, Germany help improve global outlook and earn recognition at the global platform.

Tabulated below is a brief overview of both institutes:

SIBM-B

BIMTECH

ESTABLISHED

2008

1988

RANKING

50-100

47

FEES

14.50 LACS

11.50 LACS

TOTAL SEATS

300+

400+

AVERAGE PACKAGE

9.80 LPA

11 LPA

Placement Statistics:

SIBM Bangalore

  • 200+ companies participated in the recruitment process, top recruiters were ITC, JP Morgan, Dell, Bloomberg, DHL
  • Deloitte, Atkins Global, Fitsource, H&M offered roles in the field of Talent acquisition, Training and Management, Organisational Transformation.
  • Average CTC increased to 9.79 LPA last year
  • Highest domestic CTC at offer was 26.8 LPA while highest international CTC was 70 LPA
  • 100+ companies took part in the summer internship drives offering highest stipend of 1.6 lacs and average stipend of 47k
  • Highest recruitments were made by the FMCG sector (26%), followed by Consultancy (24%) and BFSI (23%)

BIMTECH

  • Average placement rate has been over 90%
  • Highest international CTC offered was 23 LPA while that of domestic was 18 LPA
  • Amongst the 100+ companies took part in the recruitment process, Landmark Home Centre, BigBasket, Oppo, KPMG, Amazon were the top recruiters
  • BFSI and IT& Operations were highest recruiting sectors with 24% and 19% of the total recruitments respectively
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How is SIBM Bangalore for an MBA in HR in terms of both academics and placements?

Kirti Goyal
Lena BasuStudied at Symbiosis Institute of Business Management, Bengaluru (Graduated 2020)

The MBA program in HR delivered by SIBM Bangalore is quite good and has a decent placement record. Established in 2008, SIBM Bangalore is a constituent institute of Symbiosis International University. The institute is approved by AICTE and was ranked 23rd in TOI’s entire India B-School ranking. The MBA in HR is one of the flagship programs of the institute.

Admission Process: For admission, students are shortlisted based on their SNAP scores. The institute conducts group exercise, written ability test, and personal interview for selection to the program. The total course fee is 16.2 lakhs.

Course Structure: The course structure for HR specialization is well-versed with the traditional HR- model. There is an HR student club in the institute. Also, the Institute ensures that the students get industrial exposure by organizing various guest lectures, industrial visits, live projects, corporate competitions, seminars all-round the year.

Placements: According to the placement statistics of 2020, the students of HR specialization were offered roles ranging from Consultancy and Change Management along with core roles of Recruitment and Selection from big corporate names such as Azim Premji Foundation, Deloitte, ITC Hostels, Wildcraft, etc. Students were offered job roles like Talent Acquisition, Training, and Management, Organisational Transformation. The average CTC offered was 9.79 LPA. The highest domestic CTC at offer was 26.8 LPA while the highest international CTC was 70 LPA.
 

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What is the placement given by the Symbiosis Institute of Business Management, Bangalore?

Ankur NairMBA Human Resources & Management, Symbiosis International University, Poona

Symbiosis Business Management Institute (SIBM), Bangalore is affiliated to Symbiosis International University (Deemed-to-be) and offers MBA and Executive MBA programs under Finance, Marketing, Logistics and HR, Quantitative Finance, Business Analytics, and Business & Entrepreneurship. The institute is UGC recognized and is accredited with an ‘A’ grade by the NAAC.

Placement Statistics

Tabulated below is a comparison of the Highest, Average Salary, and Recruiters for different batches.

Batch

Highest Salary

Average Salary

Recruiters

2020

25 LPA

10.26 LPA

AB In Bev, Accenture, CRISIL, Genpact, Morgan Stanley, Salesforce, Reliance Retail, HDFC life, Oracle, etc.

2019

28.26 LPA

9.79 LPA

Credit Suisse, Dell, Deloitte, PwC, Swiss Re, Bisleri, Flipkart, Korn Ferry, Atkins Global, etc.

2018

25 LPA

9.67 LPA

JP Morgan India, Philips, Capgemini, MTR Foods, Honeywell, Airtel, Amazon, etc.

Roles Offered

Roles offered to placed students under Finance include Credit Analyst, Global Finance Analyst, and Transformation Analyst. Under the domain of Marketing, students were hired as Branding and Communication, Sales, and Digital Marketing. Under Operations students were hired as Quality Analyst, Supply Chain Analyst, and Project Management.

Out of the total placed students, 58% were male whereas the percentage of female students was 42%. The highest placement was recorded for B.Tech with 124 offers followed by Commerce with 56 offers.

More than 200 companies visited the campus, out of which 60 were new. The companies offered 49 PPO/PPI to students.

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Frequently Visited Companies

Companies
AmazonCiscoConverteam (GE Energy)Credit Suisse Business Analytics
D. E. Shaw India Private LimitedDellErnst & YoungFacebook
FlipkartGenpactIBMIdea Cellular
InfosysMaruti SuzukiMcKinsey & CoNetApp
OraclePolarisTata MotorsWipro
ZS AssociatesAccentureAshok LeylandBlue Star

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Comments


1 Comment
S
siddhi singh
What is the difference between the placement packages of SIBM Bangalore and NMIMS Bangalore?
S
Shikhar Srivas

SIBM Bangalore and NMIMS Bangalore offer similar placement packages overall. SIBM Bangalore boasts a slightly higher average package around INR 13.48 LPA compared to NMIMS Bangalore of INR 14 LPA. NMIMS Bangalore might have a slight edge in terms of the highest reported packages up to INR 19.70 LPA.


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Symbiosis Institute of Business Management - [SIBM]
4.3(39 Reviews)
MBA/PGDM - Master of Business Administration
823000 First year Fees
Symbiosis Institute of Business Management - [SIBM]
Xavier Institute of Management and Entrepreneurship - [XIME]
4.1(103 Reviews)
MBA/PGDM - Master of Business Administration
1250000 Total Fees
Xavier Institute of Management and Entrepreneurship - [XIME]
GIBS Business School
4.2(31 Reviews)
BBA/BMS - Bachelor of Business Administration
460000 Total Fees
GIBS Business School
Jagdish Sheth School of Management - [JAGSOM]
3.8(113 Reviews)
MBA/PGDM - Master of Business Administration
1595000 Total Fees
Jagdish Sheth School of Management - [JAGSOM]
TAPMI Manipal
4.2(128 Reviews)
MBA/PGDM - Master of Business Administration
885000 First year Fees
TAPMI Manipal
Symbiosis Centre for Management and Human Resource Development - [SCMHRD]
4(125 Reviews)
MBA/PGDM - Master of Business Administration
1214000 First year Fees
Symbiosis Centre for Management and Human Resource Development - [SCMHRD]