Admission to the Master of Business Administration program at Symbiosis Institute of Business Management (SIBM) requires a graduation degree and clearing the SNAP entrance test with a minimum cutoff of about 70 percentile. Successful candidates proceed to the Group Exercise, Personal Interview, and Written Ability Test (GEPIWAT), which evaluates communication, leadership, English proficiency, and domain knowledge. The faculty, all PhD holders, are highly qualified and experienced, offering support especially during placements and internships.
The total fees for the course are around 6 lakhs per annum, with an additional 20,000 at admission, making the first-year fees approximately 6.2 lakhs. The total cost for the 2018-20 batch, including hostel and mess expenses, was Rs 14,95,000. Despite being considered high for some, the fees are deemed reasonable when considering the return on investment. Placement opportunities are strong, with recruitment starting in the third semester from companies like Aditya Birla Group, Amazon, Deloitte, KPMG, TCS, and HCL.
The average salary package is around 7 lakhs, with the highest at 12 lakhs, while the top 25% average 8.6 lakhs. Internships are mandatory and start in the second semester, with 100% student placement. Companies like L&T, Philips, and Coca-Cola offer internships with an average stipend of 25,000 INR, and the highest at 80,000 INR. Scholarships, including fee waivers for top-performing students, are available, alongside category-specific scholarships. The current academic fees are INR 6,60,000 annually, with hostel and mess fees at INR 87,500, and a 10% fee increase is projected for the next year.
Financial loans are accessible, and for more details, visiting the college's official website is recommended.
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