For admission to the Master of Business Administration (MBA) in Finance at Symbiosis Institute of Business Management (SIBM), Nagpur, candidates must participate in the Symbiosis National Aptitude Test (SNAP), which is conducted annually between November and December. Aspirants should hold a graduate degree with at least 50% marks from a recognized university; a concession is provided for SC/ST candidates with a minimum of 45%. Applicants can appear for SNAP up to three times, with the highest score considered for evaluation.
The application form is available online starting from August, and fees range from ?1800 to ?2000 per exam, with an additional ?1000 per SIBM branch applied to. The admission process post-SNAP involves a Group Exercise (GE), Writing Ability Test (WAT), and Personal Interview (PI). The selection is based on a composite score drawn from the SNAP percentile and GE-PI performance. SIBM Nagpur has a SNAP exam cutoff generally around 50 to 60 percentiles, although it may vary yearly.
Reserved seats and fee concessions exist for Nagpur domiciles and certain categories like SC, ST, and Kashmiri migrants. The Snap exam is generally deemed moderately difficult with 60 questions over 60 minutes, requiring both speed and accuracy for success. All application and exam processes are digital and efficiently managed online.
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