IIM Bangalore (IIMB): Fees, Courses, Placements, Selection Criteria, Cut off, Campus

Ans. Getting into IIM Bangalore is not easy as the cut off scores are high and the selection process comprises multiple stages. CAT cut off to get an interview call from IIM Bangalore is 99 percentile and above. Shortlisted candidates have to appear for the WAT and PI rounds after which the institute prepares the final list of shortlisted candidates based on PI & WAT performance, CAT scores, work experience, and past academic performance.

Ans. To qualify for IIM Bangalore, you need to qualify the CAT examination. Minimum percentile required in CAT to qualify for IIM Bangalore is provided below for your reference:

• General category- 85 percentile
• EWS/ OBC-NCL category- 75 percentile
• SC category- 70 percentile
• ST category- 65 percentile
• PwD category- 60 percentile

Ans. The fees of IIM Bangalore is INR 24.5 lakhs for the flagship PGP and PGPBA program. For the EPGP and the PGPEM programs, the total fees is INR 33.96 lakhs and INR 20.11 lakhs.

Ans. Admission into any of the courses at IIM Bangalore requires the candidate to appear for exams like CAT/ GMAT/GRE/ IIMB Test. The candidates will be then evaluated based on these exam scores and called for WAT and personal interviews. The final admission will be based on the candidate's performance in CAT, WAT, personal interviews, previous academics, and work experience.

Ans. It is difficult to get into IIM Bangalore because, since IIM Bangalore gives 50% weightage to academics. So even if you score 99 percentile in CAT, then there are still chances that you won’t get a call for the interview. 

So to get a call from IIM Bangalore, one needs to have good academic records in 10th, 12th, and bachelors. Also one should have 3 - 4 years of experience and the 99 percentile in CAT.

Ans.  The total fees include both tuition and hostel fees of INR 24,50,000. Apart from that the students have to pay a one-time general caution deposit of INR 15,000 and INR 5,000 for the hostel caution deposit. Then at the start of each term, the students have to pay INR 30,000 for the mess. 

Ans. The cut-off for 2024 MBA admissions is expected to be 85. It differs for other categories which are as follows:

• General - 85
• NC-OBC and EWS - 75
• SC - 70
• ST - 65
• PWD - 60

Ans. The highest placement witnessed in IIM Bangalore in the 2023 placement drive was INR 1.15 CPA. 

Ans. Yes, it is possible to join IIM Bangalore, without CAT. Now the institute also accepts GMAT scores, so the candidates can take GMAT and apply to IIM Bangalore. But it is important to qualify both sectional and overall cut-off.

Ans. Yes, in the 2024 placement drive, IIM Bangalore recorded 100% placements, with a total of 572 offers made to the 517 students.

Ans, After completion of an MBA from IIM Bangalore, a student can expect an average salary of INR 35.92 LPA in the top firms. 

Ans. The IIMB test is difficult and can be challenging if you haven’t prepared for CAT/GMAT/GRE in the past. IIMB test is a 120 minutes exam and consists of questions that evaluate the candidate's quantitative, verbal, logical, and data interpretive ability. So those who have prepared for the CAT, will be able to answer this test.

Ans. Yes, the 10th and 12th marks hold 10% weightage each. So the final selection of the candidates in IIM Bangalore depends on the 10th and 12th marks.

Ans. No, there are no age limit criteria for admission into IIM Bangalore. Those who hold a bachelor's degree with 50% marks are eligible to apply.

Ans. Yes, IIM Bangalore does consider a sectional cut-off. The 25% of the CAT weightage is derived from the performance of candidates in all various sections. The weightage of each section is VARC 8.75 points, DILR 10 points, and QA 6.25 points.

Ans. The average package that was witnessed in the 2024 placement drive was INR 35.92 LPA.

Ans. Life at IIM Bangalore is very enriching. Apart from excellent academics, you receive an unforgettable experience in your life.

The course is quite rigorous and the days at IIM Bangalore, especially in the first semester are loaded with projects, submissions, and exams. One needs to learn to manage time and adapt themselves to a hectic environment. 

Though life is hectic at IIMB, but there are late-night parties, birthday celebrations, regional lunches & dinners, and festival celebrations to make the students feel lively. The seniors are very supportive and they make sure that the juniors feel comfortable. They arrange talks for placements to resume guidance to academic mentorship to interview and give you genuine advice. 

Ans. Looking at the course curriculum, the weekend MBA is almost similar to the full-time MBA. They both have heavy coursework and the content is designed by the professors which offer a lot of variety. The difference in both courses is the eligibility criteria, the fees, and the placement. 

The most important thing is what you are expecting out of these courses. The college offers the best it can, it depends on the students to make the most out of it. Doing a full-time MBA means living on campus and using all the resources, and focusing only on your college life. This gives you time to gather and process all the learnings, whereas in the weekend MBA you are struggling to manage your work, studies, and family.

Ans. IIM Bangalore has 16 hostel blocks, that offer single-room accommodation to students. The rooms are equipped with a bed, table, revolving chair, whiteboard, cupboard, and balcony. The hostel has facilities like automatic washing machines, a music room, a recreation room, etc. There are also a student-run library and store. The campus is too beautiful that you won’t feel the need to go out. There is a night canteen that works at night and there is also a coffee shop, a restaurant, and 2 other food outlets. At the end of the day, students enjoy the sports facilities available at the campus which include a gym, football/ cricket ground, badminton court, and a joggers park.

Ans. There are IIMs that offer 5-year integrated MBA programs like IIM Indore and IIM Rohtak. But IIM Bangalore has not introduced this course yet and offers only PGP courses.

Ans. IIM Bangalore usually considers the scores of exams like CAT/ GMAT/ GRE/ GATE/ NET (JRF) for admission into various courses offered by the institute. But IIM Bangalore also conducts its own exam called the IIMB test, which can be used to get admission into all the courses except PGP and EPGP.

Ans. There is a financial aid policy in IIM Bangalore, which supports economically weak students by providing 100%, 80%, 60%, 40%, and 20% financial aid. The students who have an annual household income of INR 8 lakh are eligible to apply for financial aid.

Ans. The total fee for the 1-year MBA i.e, the Executive MBA, is INR 31,05,000. It includes INR 25,00,000 tuition fees, INR 80,000 accommodation charges, INR 5,00,000 international immersion, and INR 25,000 security deposit. 

Ans. Anyone who has completed a bachelor's degree in any discipline with a minimum aggregate of 50% and has appeared for CAT is eligible to apply to IIM Bangalore.

Ans. IIM Bangalore offers PGP, PGP-BA, EPGP, PGPEM, PGPPM, Ph.D., and certificate courses.

Ans. IIM Bangalore has been ranked 48th by QS World University in Global MBA 2024.

Ans. IIM Bangalore and IIM Ahmedabad are the top 2 B-schools in the country, which is the target for every MBA aspirant. There is no point in making a comparison between these two because they both offer the best facilities to their students in terms of curriculum, faculty, campus facilities, and placement.

Ans. One should opt for MBA-BA only if they are interested in building a career in analytics. This course will be more inclined toward mathematics and will also require some coding experience. Whereas if you want to have multiple career options to choose from, then go for MBA.

Ans. Even though your percentile is higher than the cut-off, there are also other factors that are considered for the final selection of the candidates and that includes:

• CAT score - 25% (sectional scores are also considered)
• WAT - 10%
• PI - 30%
• 10th - 10%
• 12th - 5%
• Graduation - 10%
• Work experience - 10%

Ans. Executive MBA at IIM Bangalore is a great course for those who are self-motivated and are company sponsored. The curriculum is designed for the problems and challenges you will face in your industry or job role. The course helps to make great connections and offers networking opportunities but does not offer campus placements.

Ans. If you are selected for IIM Bangalore, then you should definitely go for it. First getting into IIM Bangalore is not an easy task. When you have worked so hard to reach here, then why lose this opportunity? You can always get a job at Ernst & Young later, even you can sit for this company during the placements and get a job with higher pay than what you earn now.

Ans. Yes, MBA-BA from IIM Bangalore should be beneficial for those who are interested in Business Analytics. The course curriculum includes hands-on projects, assignments, and workshops to provide in-depth knowledge of handling data and business analytics tools. This industry is in need of skilled professionals, so this course will only open up more opportunities for you. 

Ans. Some of the top recruiters that made the most offers at the 2023 placement drive at IIM Bangalore are Accenture Strategy, Amazon, The Boston Consulting Group, Bain & Company, McKinsey & Company, Kearney, Microsoft, Goldman Sachs, American Express, and Paytm.

Ans. To apply for Ph.D. at IIM Bangalore, the candidates should fulfill any of the following eligibility criteria:

• They should have a master’s degree or an integrated master’s degree, or a postgraduate diploma with a minimum aggregate of 60%.
• A bachelor’s degree with a professional certification in CA, ICWA, or CS.
• A 4-year bachelor's degree in engineering with at least a 6.5 CGPA.

Ans. Yes, there are various scholarships offered by IIM Bangalore based on merit. There are some scholarships for women candidates and for reserved category and for the students with financial issues. 

Ans. The PGPEM program is designed for mid-career and senior executives, whereas PGP focuses on professionals at the entry-level.

Ans. The IIM Bangalore summer internship placement in 2024 was really good. There were a total of 530 students and they received a total of 539 offers. The most popular sectors where the students got placed were Management Consulting, Corporate Finance & Commercial Banking, and General Management. The top recruiters include Accenture, Amazon, McKinsey & Co., Bain & Co., TCS etc.

Ans. Both PGP and EPGP are residential courses, but EPGP is a 1-year program and PGP is a 2-year program. EPGP is designed for professionals with more than 5 years of work experience, where they prepare the students for senior management positions. Whereas PGP is for professionals at the entry level.

Ans. No, the Ph.D. program at IIM Bangalore is a full-time course and students don’t have the option to do it on a part-time basis.

Ans. It is mandatory for first-year PGP students to stay at the campus hostel. They can choose to live outside the campus in the second year.

Ans. Yes, INR 24,50,000 is the total fee of the PGP course, which includes all the facilities including the hostel. There are no extra charges charged by the students during the program, except the mess charges. 

Ans. The application for the MBA program at IIM Bangalore starts after the CAT results have been announced, i.e, at the end of December. The interview starts in February. 

Ans. Yes, you are eligible to apply for the MBA program at IIM Bangalore, even without work experience. But work experience does hold 10% weightage in the final section.

Ans. IIM Bangalore offers courses related to entrepreneurship and innovation in its curriculum, providing students with the necessary skills and knowledge to venture into entrepreneurship. It also offers a conducive environment for entrepreneurship and provides various opportunities and support mechanisms for aspiring entrepreneurs. Some of the key opportunities for entrepreneurship and startup support at IIM Bangalore are:

• NSRCEL – It is a start-up incubator of IIM Bangalore. It provides incubation support, mentoring, and resources for startup ventures. 
• IIMB Entrepreneurs Association (IIMBEA) – It is an association at IIM Bangalore that facilitates networking among entrepreneurs, both within and outside the IIMB community. It organizes events, workshops, and networking sessions.
• Seed Funding – IIM Bangalore may provide seed funding or connect entrepreneurs with potential investors to help them kickstart their ventures. Also, IIM Bangalore's network includes angel investors and venture capitalists who are often involved in mentoring and funding promising startups emerging from the institute.
• Startup Conclaves and Events – IIM Bangalore organizes events, conclaves, and competitions focused on entrepreneurship, bringing together entrepreneurs, investors, and industry leaders. These platforms provide opportunities for networking and exposure.
• Global Alumni Network – The extensive alumni network of IIM Bangalore includes successful entrepreneurs who may actively support and mentor current students and alumni in their entrepreneurial endeavors.

Ans. IIM Bangalore offers a vibrant campus life with a wide range of extracurricular activities and clubs for MBA students. These activities not only provide students with opportunities for personal and professional development but also contribute to a sense of community and holistic learning. The clubs and committees are usually run by the students and some of them are Cultural Committee, Sports Committee, Literary Club, Entrepenuership and Innovation Cell, Consulting and Strategy Clubs, Marketing & Branding clubs, etc. 

Ans. Yes, IIM Bangalore offers a Dual-Degree program to the PGP students. In this program, the selected PGP students will get a chance to complete their first year at IIM Bangalore and the second year in the partnering institute. The institute has collaborated with 3 institutes for this, namely ESCP Europe Business School Paris, Bacconi University Milano, Hitotsubashi University Japan. 

Ans. Yes. IIM Bangalore has been ranked in the FT Global Ranking for its MBA and EMBA program. The ranking are as follows:

• Ranked 3^rd in India and 47^th globally for FT MBA 2024.
• Ranked 1^st in Inida and 94^th globally for FT EMBA 2023. 

Ans. Yes, IIM Bangalore offer financial assistance to the students who have an annual household income below INR 8 Lakhs. The applicants are provided 100%, 80%, 60%, 40% or 20% financial aid based on Annual Gross Household Income, Household Savings, Real Estate Assets, and Other Assets