Symbiosis Institute of Business Management - [SIBM], Pune

Bhugaon, PuneEstd 1978NAAC Grade A++
#2 For Overall By Outlook 2025  
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Symbiosis Institute of Business Management - [SIBM], Pune
Fees:₹12,65,000Per Yr
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SIBM Pune: 100 Answered Questions

Is the MBA program at Symbiosis Pune any good?

Supriya Sarkar
Aditi DeshpandeLives in Pune,Maharashtra

The two-year full-time residential MBA offered to SIBM Pune is its flagship program. Its duration is 2 years. Courses are offered in various specializations like Marketing, Human Resource Management, Finance, and Operations Management. The course structure aims at imparting students top-notch industry exposure and a nurturing classroom environment. This helps them become the leaders of tomorrow. 

The placement committee of SIIB and the faculty are responsible for the placement process. Students receive training for the summer internship process for group discussion, interviews, and resume building. This attracts more recruiters every year.

SIMB Pune has well-educated and experienced faculty members and the pedagogy they adopt is impressive. Usually students are taught through case studies as its primary teaching tool. Other teaching methods include discussions, presentations, peer learning, and hands-on learning.

Here is the detailed placement report of SIBM Pune

No. of Companies participated

105

No. of New Recruiters

49

No. of Offers made

-

No. of Pre-placement offers

111

Highest Salary

INR 35.05 LPA

Average Salary

INR 26.77 LPA

Median Salary

INR 24 LPA

Top 10% Average Salary

INR 33.27 LPA

Top 25% Average Salary

INR 32.80 LPA

Top 50% Average Salary

INR 29.99 LPA

Major Sectors

BFSI, FMCG / FMCD

Top Recruiters

Accenture Strategy, Aditya Birla Capital, American Express, Barclays, HSBC etc

Hope this helps you!

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How good is SIBM, Pune actually in terms of placement and academics?

Sandip Pal
Dhvani SinghStudied at Symbiosis Institute of Business Management, Pune

SIBM Pune is a reputed B-School and its MBA program ranks among the top 20 MBA programs in the country. It ranks a little behind the top B-schools like IIM ABCL, FMS, XLRI, etc. But it is ahead of tier 2 B-schools. 

It is a great option for pursuing an MBA, especially for specializations in HR and Marketing. The institute has an impressive placement record. SIBM Pune placements 2022 have witnessed an average CTC of INR 23 LPA. While the highest CTC is 35 LPA.

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What is better for marketing NMIMS Mumbai or SIBM Pune?

Neha Dasstudied MBA in Marketing at Symbiosis Institute of Business Management, Pune (2019)

According to the reviews online both NMIMS Mumbai and SIBM Pune have their fair share of pros and cons. THey each are better in their own way. 

Here are some facts that will help you understand the similarities and differences of both  the colleges:

  • SIBM Pune has a smaller batch size of 180 students than NMIMS Mumbai, which has a student intake of 600+ students.
  • SIBM Pune has a beautiful and much more well maintained campus than NMIMS Mumbai.
  • NMIMS Mumbai has the location advantage. Centered in the heart of the city it enjoys being located in the industrial hub.
  • Placements, industry visits, seminars, etc. are also better at NMIMS Mumbai.
  • NMIMS Mumbai’s course is based on the Harvard Curriculum. 
Categories NMIMS Mumbai SIBM Pune
Course Fee INR 6.88 lakh INR 19.4 lakh
Placement Percentage 80% 70%
Highest CTC 16 LPA 18 LPA
Average CTC 9 LPA 6-7 LPA
Recruiting Companies TCS, Wipro, HP, Accenture, etc. Tech Mahindra, Infosys, TCS, Accenture, etc.

NMIMS also has a better, more experienced faculty than SIBM Pune. Being in the centre of the industrial hub, many companies participate in their placement program.

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Where does the cream of Symbiosis (SIBM P or SCMHRD for marketing) get placed, and in what roles?

Vinisha Vasudevan
Sejuti Guhastudied at Symbiosis Institute of Business Management, Pune

Recruiters value Symbiosis' premier institutes, including SIBMP and SCMHRD, for creating well-rounded MBA graduates. These graduates work in marketing, finance, consulting, HR, operations, and more.

SIBMP and SCMHRD graduates work as Brand Managers, Product Managers, Market Research Analysts, Marketing Managers, and Sales Managers. Depending on the firm and industry, marketing managers design and implement plans to promote products or services, analyse market trends and customer behaviour, and manage stakeholder relationships.

Tata Group, Accenture, Deloitte, KPMG, PwC, HUL, ITC, and other notable organisations recruit from Symbiosis. Top corporations hire Symbiosis graduates for their leadership qualities.

SIBMP and SCMHRD graduates do well in the labor market due to the institutes' rigorous curriculum and emphasis on practical learning.

Placement Figures- 

Particulars

SIBM Pune

SCMHRD (Marketing)

Highest placement

INR 35.05 LPA

INR 32 LPA

Average placement 

INR 24.00 LPA

INR 20.15 LPA

Median placement 

INR 26.77 LPA

INR 20.00 LPA

Domains 

Consulting & Strategy, Finance, General Management, Human Resources, Operations & Supply Chain and Sales & Marketing.

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As compared to SIBM, Pune, where does SCMHRD, Pune stand?

Meghdeepa Mondal
Vani MishraMBA from Symbiosis Institute of Business Management, Pune (2017)

SIBM Pune has a slight edge over SCMHRD. It is the first campus of Symbiosis and has a legacy of more than four decades. It has a wider and stronger alumni network. The cutoff for the two campuses varies only by 0.2-0.4 percentile with SIBM having the higher cutoff most years.  

SIBM Pune placements have been pretty good over the last few years. According to the placement highlights of 2022, the average CTC offered to the students was INR 23.06 LPA. The highest CTC offered was INR 45.5 LPA. 

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How honest are the non-IIM MBA colleges (SPJIMR, NMIMS, SIBM, XLRI) when they say their average package is 12-15L?

Falguni GuptaMBA Supply Chain Management & Strategy and Management Consulting, S. P. Jain Institute of Management and Research

SPJIMER, SIBM, and XLRI placement reports are pretty accurate. Rather than the typical average/median CTC method,  SPJIMER publishes its placement report in IPRS format. Every figure mentioned in the placement report is true to the 2nd decimal point. 

XLRI and SIBM also keep the placement report transparent. SIBM gets its placement audited regularly. As per the 2022 placement highlights, the average CTC for SPJIMER, SIBM, and XLRI were INR 23.6 LPA, INR 23.06 LPA, and INR 30.73 LPA respectively. 

NMIMS inflates the report. The numbers are quite high. 

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How is the placement scenario in Symbiosis Institute of Business Management, Pune and SCMHRD Pune & what is their approximate fees for 2 years?

Aditi DeshpandeLives in Pune,Maharashtra

The placement scenario at SIBM, Pune, and SCMHRD is pretty good.

SIBM Pune recorded an average package of 26.77 LPA for the year, with the median salary being 24 Lakhs. This is up from the previous year, which was 23.06 LPA and 20.8 LPA respectively. The fee structure for SIBM Pune MBA is INR 24,50,000 for the duration of 2 years.

SCMHRD had an average salary of 23.71 Lakhs and a median salary of 22 Lakhs, up from the previous year’s 20.4 LPA and 20 LPA respectively. The fee for the MBA at SCMHRD is INR 22,10,000 for the duration of two years.

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Is it worth doing an MBA from any Symbiosis Institute?

Sapna Malik
Sejuti Guhastudied at Symbiosis Institute of Business Management, Pune

If you want to do an MBA from Symbiosis, choose SIBM Pune or SCMHRD. Among all the Symbiosis B-School these are most reputed and offer decent placements to students. SIBM Pune placements 2022 witnessed an average CTC of INR 23.04 LPA and the highest CTC was INR 45 LPA. While according to the recent highlights, SCMHRD average package is around INR 16 LPA. 

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Which MBA college is better, SIBM Pune or IMT Ghaziabad?

Gopi Krishna GoyalEducation Consultant

Both IMT Ghaziabad and SIBM Pune are renowned B-Schools across the nation and offer good education to their students. But IMT Ghaziabad offers a superior campus life and learning experience, alongside great in-campus placements compared to SIBM Pune. Established in 1980, IMT Ghaziabad has earned a lot of recognition for its unique curriculum and teaching support, which helps students develop the skills needed in the management sector. 

As a result, the demand for IMT Ghaziabad graduates is higher than those of SIBM Pune in the corporate realm. So, it will be beneficial for you to pursue an MBA from IMT Ghaziabad.

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Which is better BMCC or Symbiosis for B.Com?

Aditi DeshpandeLives in Pune,Maharashtra

Symbiosis would be a better option if you are interested in specialized B.com programs. Symbiosis Pune would come first over BMCC if you are open to the potential for higher tuition fees, and value the global exposure and private institution advantages. Here are some reasons to choose Symbiosis over BMCC-

  1. Specialized B. Com Programs: Symbiosis offers a range of specialized B. Com programs, such as B. Com (Hons.), B. Com (Accounting and Finance), and more. 
  2. Reputation: In this year Symbiosis was ranked 17th among all commerce colleges in India by THE WEEK. Graduating from a renowned institution can enhance your resume.
  3. Global Exposure: Symbiosis offers you a more global outlook on commerce and business.
  4. Certification: The Symbiosis College of Arts and Commerce additionally offers the ACCA (The Association of Chartered Certified Accountants) course alongside the graduating programs.
  5. Placement: During Symbiosis Pune (SCAC) placements in 2023, the maximum package and average package provided to UG students were INR 21.50 LPA and INR 5.30 LPA, respectively. Recruiters like Barclays India, D.E. Shaw, and Northern Trust visit the campus for placement.

In conclusion, choosing Symbiosis over BMCC offers specialized programs, global recognition, industry connections, modern facilities, and a holistic education approach, making it a compelling option for a well-rounded and globally oriented B.Com experience.

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