One of Asia's top graduate schools of management is the Indian Institute of Management Bangalore (IIMB). According to the QS World University Ranking 2024, IIMB is placed 31st in the Masters in Management category and 2nd among the best management institutes by NIRF 2023. Furthermore, the institute has been named third by Business Today's 2023 list.
The Indian Institute of Management Bangalore was established in 1973. Reputedly, IIMB boasts top-notch faculty members who have taught and studied at some of the top universities in India and elsewhere. A variety of certificate, postgraduate, and doctorate programs in the management stream are offered by IIM Bangalore. IIM Bangalore placed 606 PGPs and 606 PGP BAs in total during the 2023 placements. At IIM Bangalore, the typical package was INR 35.31 LPA. Admission to courses at IIM Bangalore is determined by entrance tests like CAT, GATE, etc. The CAT exam results are used to determine the IIM Bangalore cutoff, which is then determined by WAT, GD, and PI.
IIM Bangalore boasts more than 150 academic members, 1,200 students enrolled in different degree programs, and about 5,000 participants in Executive Education each year. Important alliances and partnerships exist between IIM Bangalore and Goldman Sachs and Kotak Bank for female entrepreneurship, the Michael and Susan Dell Foundation for non-profit incubation, and NITI Aayog for new venture scaling.
One of Asia's top graduate programs in management is the Indian Institute of Management Bangalore (IIMB). IIMB is recognized as an Institute of National Importance by the IIM Act of 2017. There are 108 full-time academic members at IIMB, 1,200 students enrolled in different degree programs, and over 5,000 people who participate in executive education each year.
Their connection to some of the top business entities in the nation, from consumer products to information technology, comes from their location in the high technology capital of India. The students are provided with an in depth benefit of practical experience and classroom learning. The college provides PhD, Executive Postgraduate Program In Management, Business Analytics, Enterprise Management are most of the famous programs of the college.
In order to promote more socioeconomic diversity in management academia in India, they are pleased to offer the NS Ramaswamy Pre-doctoral (NSR Pre-doc) Fellowship as a Certificate program. The Mahatma Gandhi National Fellowship (MGNF) program is another one that they provide. The MGNF Certificate Program in Public Policy and Management is offered by IIMs. The Government of India's (GoI) Ministry of Skill Development and Entrepreneurship (MSDE) took the initiative to design it, and State Skill Development Missions (SSDMs) worked together to execute it.
In addition to their eleven disciplinary areas, they have 10 centers of excellence where they do research projects and provide courses on intriguing issues that different industries are confronting. They have important alliances and partnerships with NITI Aayog for new venture scaling, the Michael and Susan Dell Foundation for non-profit incubation, Goldman Sachs and Kotak Bank for women's entrepreneurship, and others.
Although the IIM Bangalore MBA program costs INR 24.50 lakhs, the real cost of attending IIM Bangalore is more like INR 27,50,000. The institute increased the cost of its MBA program this year from 23 lakhs the previous year.
| S.no | Course Name | Intake | Eligibility | Selection Criteria |
|---|---|---|---|---|
| 1 | MBA/ MBA-BA | 480 (MBA), 45 (MBA-BA) | Bachelor’s degree | CAT + WAT + Personal Interview |
| 2 | EPGP | 75 | Bachelor’s degree with 50% marks and 5 years of Work Experience. | GMAT/ GRE + Personal Interview |
| 3 | PGPEM | 80 | Bachelor’s degree with 50% marks + 4-year work experience | CAT/ GMAT/ GRE/ IIMB Test + Interview + Written Ability Test |
A comprehensive one-year full-time residential program leading to an MBA, the Executive Post Graduate Programme in Management (EPGP) is designed especially for experienced professionals with exceptional work histories and five to twelve years of experience across a variety of industries. The EPGP offers students a two-year MBA-like solid foundation in core management disciplines and concepts, with comparable grading standards, elective options, and levels of rigor. One of the main benefits of the EPGP is that the coursework complements the students' wide-ranging and varied work experience.
Companies are facing a growing demand for qualified mid-level and senior executives with the vision and potential to become top leaders in the uncertain and competitive economic climate of today. Such executives must possess strong functional and operational experience, but they also need to be able to see things from many angles, evaluate situations critically, and move quickly and decisively.
The EPGP was created by IIMB with the express purpose of preparing these innovative and forward-thinking managers—the future generation of business leaders who will add value to both their companies and society.
| S.no | Course Name | Fees |
|---|---|---|
| 1 | MBA/ MBA-BA | INR 24,50,000 (2 years) |
| 2 | EPGP | INR 28,50,000 (1 year) |
| 3 | PGPEM | INR 20,11,000 (2 years) |
The announcement of the CAT 2023 results will coincide with the opening of IIM Bangalore MBA admissions for 2024.
| S.no | Admission Stage | Description |
|---|---|---|
| 1 | Application Form | The CAT application form must be completed, and the same form must be sent to IIM Bangalore. |
| 2 | CAT Exam | Take the CAT exam, which is offered in a number of Indian cities. |
| 3 | Shortlist for WAT-PI | The candidates' CAT scores will determine which ones make the WAT-PI shortlist. |
| 4 | WAT-PI Process | Both a written ability test and a personal interview are required of candidates. It might take place offline or online. |
| 5 | Final Selection | Based on the candidate's performance in the CAT, WAT, and PI tests as well as their educational background and professional background, a final merit list will be created. |
At the end of IIM Bangalore placement 2023, 606 offers were extended to 512 applicants. The average payout offered by IIM Bangalore to its 2023 batch was INR 35.31 LPA. The majority of the proposals were from the consulting industry. Adani Group, Paytm, Microsoft, Cogoport, Jio Platform, Accenture, and BCG were a few of the leading employers. This year, there were also foreign companies participating, including those from Europe, Dubai, and Singapore.
| S.no | Batch | EPGP Placement Statistics 2023 | PGP & PGP in Bachelor of Arts Placements Statistics 2023 |
|---|---|---|---|
| 1 | Total Number of Students | 75 | 512 |
| 2 | Number of Students Opted for Placements | 70 | 529 |
| 3 | Number of Students Placed | 70 | 606 |
| 4 | Percentage of Students Placed | 100% | 100% |
| 5 | Number of Offers | ---- | 539 |
| 6 | Top Recruiters | EY, Mckinsey, TVS Motors | Accenture, Bain & Company, Tata Consultancy Services |
The pay statistics for 2023 placements at IIM Bangalore have not yet been made public. The salary data for the previous three years is shown in the following table:
| Year | Average CTC | Median CTC |
|---|---|---|
| 2023 | INR 35.31 LPA | INR 33 LPA |
| 2022 | INR 33.82 LPA | INR 31.20 LPA |
| 2021 | INR 28.98 LPA | INR 28.60 LPA |
| 2020 | INR 26.18 LPA | INR 25 LPA |
| S.no | Ranking Body | Year | Category | Rank |
|---|---|---|---|---|
| 1 | QS World University Global MBA Ranking | 2024 | MBA | 48 |
| 2 | NIRF | 2023 | Management | 2 |
| 3 | IIRF | 2023 | Govt B-School | 2 |
| 4 | FT EMBA | 2023 | PGPEM | 1 |
| 5 | FT Ranking | 2023 | MBA Program (EPGP) | 52 |
| 6 | Bloomberg | 2023 | Asia Pacific | 4 |
| 7 | Business Today | 2023 | B-School Ranking | 3 |
| 8 | Business Today | 2023 | Executive MBA Ranking | 2 |
| 9 | Business Today | 2023 | 1-Year MBA Ranking | 3 |
Scattered across 100 acres in South Bengaluru lies IIM Bangalore. A library, computer centers, seminar rooms, conference halls, post offices, cafeterias, snack bars, utility stores, a medical center, sports arenas, a fitness center, and many more amenities are all well-equipped on the campus. At IIM Bangalore, on-campus accommodation options are available to all students. Hostels offering single rooms, shared kitchens, laundry facilities, and outdoor spaces may be found between A and P blocks.
An average student at IIM Bangalore begins their day around 8.30 a.m., racing from their dorm room to the mess and then to class. Students spend their time attending club events and group meetings for various projects and assignments after class, which lasts from morning till evening. IIM Bangalore's campus is constantly active during the night, with students strolling around, holding meetings in the snack bars, getting ready for cultural events, engaging in sports, and other activities.