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Are there paid seats in Symbiosis institute of Business management (SIBM), Bangalore and NMIMS Bangalore?
The practice of offering paid seats, also known as management quota or director's quota, is prevalent in many institutions, including various Symbiosis campuses. However, it is essential to understand that such seats come at a premium price and do not guarantee admission based on merit. This is where the admission process at SIBM Bengaluru stands apart. The institute takes pride in its merit-based admission process, which is based solely on the candidate's SNAP score.
SNAP, or the Symbiosis National Aptitude Test, is a nationally recognized entrance exam that is mandatory for admission to various management programs offered by Symbiosis Institutes. The test measures a candidate's aptitude for management and is designed to assess the candidate's skills in areas such as quantitative ability, verbal ability, general awareness, and analytical & logical reasoning. SIBM Bengaluru follows the SNAP score cut-off for determining the eligibility of candidates for admission. This means that to secure a seat in SIBM B, you will need to perform well in the SNAP exam and meet the cut-off set by the institute.
NMIMS, or the Narsee Monjee Institute of Management Studies, is another reputed management institute in India. However, unlike many other institutions, NMIMS follows a strict merit-based admission process. This means that admission to NMIMS is granted solely on the basis of a candidate's performance in the entrance exam and does not involve any paid seats.
In conclusion, while the practice of offering paid seats is widespread in the education sector, it is important to choose an institute that values merit over money. SIBM Bengaluru and NMIMS are two such institutions that follow a strict merit-based admission process, ensuring that only the most deserving and competent candidates secure a place in their programs.
How does an MBA in a brand like Symbiosis (top - SIBMP, SIIB, SCMHRD, and SIBM-B) help in the long run?
A Symbiosis MBA can have long-term benefits. Long-term benefits of a Symbiosis MBA include:
- Better career possibilities: A top MBA from Symbiosis might boost your employment opportunities. The Symbiosis brand can help you land a high-paying job with top employers.
- Networking opportunities: Symbiosis has a vast and distinguished alumni network. These connections can help you improve personally and professionally.
- Holistic development: Symbiosis' MBA program develops business, leadership, communication, and interpersonal abilities. This holistic approach can help you become a well-rounded, versatile professional.
- International exposure: Symbiosis collaborates with various international universities, offering international exposure. If you want to work internationally, this is useful.
- Entrepreneurship: Symbiosis MBA programs teach students how to create and run businesses of their own. If you want to start an organization, this can benefit you.
An MBA from an esteemed institution like Symbiosis can provide you with the business skills, knowledge, and connections you need to thrive.
Which is better, SIBM Bangalore or SIIB?
SIBM Bangalore and SIIB Pune can not be compared as the institutes offer MBA programs in different domains. SIIB Pune is the older institute and the better option for International Business specialization, whereas, SIBM Bangalore is better for a traditional MBA. Placement and other opportunities offered by the two institutes are almost similar.
The table given below will give you a brief insight into the MBA programs offered by the two institutes.
|
Particulars |
SIBM Bangalore |
SIIB Pune |
|
Established |
2008 |
1992 |
|
Ranking |
23rd in TOI’s B-School ranking |
25th Best B-School in India by The Week |
|
Intake |
270 |
210 |
|
Specializations |
Finance, Marketing, Operations, and HRM |
International Business, Agri-Business, Energy & Environment |
|
Course fee |
16.2 lakhs |
10.8 lakhs |
|
Highest Domestic CTC |
16 LPA |
14.5 LPA |
|
Average Domestic CTC |
9.79 LPA |
8.7 LPA |
|
Median Domestic CTC |
9 LPA |
8 LPA |
|
Recruiters from Finance Domain |
Goldman Sachs, JP Morgan, State Bank of India, ING Vysya, Bajaj Auto Finance, India Forex Advisors Pvt. Ltd |
Axis Bank, HDFC Bank, Axis Bank, HDFC Life, Citibank |
|
Recruiters from Marketing Domain |
Air Asia, Bajaj Allianz, Zomato, TATA Motors |
Godrej & Boyce, Nerolac |
|
Recruiters from IT, Operations and Consulting Domain |
Wipro, Syntel, Oracle, Tech Mahindra, Infosys, Genpact, JDA Software, HCL, HP Analytics |
KPMG, Infosys, TCS, Wipro, HCL, Deloitte |
Which is better, IIM Bodh Gaya or SIBM Bangalore?
The brand of IIM is well-respected and will continue to hold weight in the future. IIM Bodhgaya is a relatively new institute and has the potential to grow further in the coming years. While SIBM Bangalore may have slightly better placement opportunities, graduating from IIM Bodhgaya will be a great achievement and you will be proud to say that you have studied at an IIM.
It is important to note that both institutions have a strong culture of study and competition among students. However, if you have the determination and belief that you can score higher on the CAT exam and have strong academics, it may be worth considering giving it another shot for the chance to attend a better institute. It's important to weigh all the options and consider the long-term benefits before making a decision. Ultimately, the choice is yours and it's important to choose the institution that aligns with your career goals and aspirations.
Among Alliance University, NMIMS Bangalore, and Symbiosis Bangalore, which would be the best for an executive MBA (distance learning)?
You have several suitable options for an executive MBA (distance learning) program, but Alliance University in Bangalore stands out as a particularly strong choice over NMIMS Bangalore and Symbiosis Bangalore. Alliance University is one of the top universities in South India, known for its exceptional faculty and outstanding placement record.
The students who graduate from Alliance University are commonly placed in top companies with competitive salary packages. Based on this information, it can be confidently stated that Alliance University would be an excellent choice for your executive MBA program.
Is SIBM Bangalore worth joining if I have a 57% in 12th?
If you are a fresher, most recruiting companies will look for academic consistency. Also, many recruiters set a condition of a minimum of 60% in academics for shortlisting students. So, to improve your CV you have the following options.
- If you are taking Finance, enroll yourself in extra certifications like CFA.
- Participate and try to win competitions organized by companies like Asian Paint’s ‘Canvas’, JP Morgan’s ‘The Deal’, GE’s ‘Genious’, ITC’s ‘Interrobang’, Tata Steel’s ‘Steelothon’, Mahindra’s ‘War Room’, etc.
These competitions are very tough as many students from top B-schools take part in them. But if you manage to win, you will get a Pre Placement Offer (PPO) with a CTC of around 15 LPA.
Work on your communication skills, recruiters look for students with good communication skills.
For admission, you don’t need to worry about your 12th score, since there is no such minimum cutoff for it at SIBM Bangalore. But make sure you work on your CV to secure good placements.
How is the placement for an MBA at Symbiosis Bangalore?
Business World ranks the college in 48th position out of 159 Top Private Colleges in India (2019). JoshMBA ranks it in the 20th position nationally for the MBA course.
Master of Business Administration (MBA):
Admission:
The MBA two year degree in Symbiosis Bangalore offers several programs and specializations. The total intake of the full-time course is 180 students. The following courses can be pursued through the MBA degree.
-
MBA in Quantitative Finance
-
MBA in Business Analytics
-
MBA in Family Managed Business & Entrepreneurship
-
MBA (Part-time)
Students have access to cases from Harvard and Bloomberg Terminal with regular industry visits for practical knowledge. Online Teaching platforms are also accessible to students. The tuition fee of the MBA program is ?16.2 Lakhs.
Facilities:
-
There are 17 teaching faculties with 10 Assistant professors, 2 Directors, 4 Adjunct faculties, and one professor.
-
Additionally, there is 15 technical staff as well.
-
The department also collaborates regularly with TedX.
-
All the classrooms, conference rooms, and seminar halls are equipped with Wi-Fi.
-
The campus library has over 12,057 Books and CDs, Periodicals, Journals, Magazines, and online databases.
Placements:
-
Accenture, Dell, Deloitte, ITC Limited, Maruti Suzuki, Puma, Bajaj Allianz, Bisleri, Britannia, Google, H&M, IBM, JIO Studios, etc are some of the major recruiters of MBA graduates of Symbiosis, Bangalore.
-
In the year 2019, 199 students were eligible for placements out of which the male-female ratio was 115-84.
-
The highest salary package was INR 28.26 LPA while the average salary package was around INR 9.79 LPA.
-
The highest international stipend was INR 20,44,197 (AED 102,000).
-
Summer Internships from companies like Big Basket, Deloitte, Capgemini Morgan Stanley, and Reserve Bank of India were available for students.
-
The highest stipend was INR 1.62 lakhs and the average was around INR 47,000.
There are 12 student clubs on campus and some of them are Opsession – The Operations Club, PRISyM – The Marketing Club, FINERGY – The Finance Club, Ensemble – The HR club, GEOCON- The Geopolitical and Economics club.
An MBA is a professional degree is a huge proposition in a market-driven economy. Job profiles like Business Operations, Corporate Banking, Investment Management, etc can be pursued. Graduates can also start their own company or manage a family-owned business. The MBA course at this University is superior and well-known internationally. Students can pursue the course keeping in mind the placement statistics and department-specific information.
What should I choose between SIBM Bangalore and BIMTECH PGDM-IB? How are the placements for the same?
BIMTECH’s PGDM in International Business is its flagship program. Admission is done through CAT/ XAT/ GMAT followed by further scrutinization via BIMTECH WAT and personal interviews. The two-year program offers students the specializations in International trade, Marketing, Finance and Operations.
MBA in HR is the flagship program of SIBM Bangalore, ranked among top 50 B-Schools in the country. There are various specializations offered under PGDM such as HR, Business Analytics, Operations Management, Financial Management. The international collaborations with universities from countries like France, USA, Germany help improve global outlook and earn recognition at the global platform.
Tabulated below is a brief overview of both institutes:
|
SIBM-B |
BIMTECH |
|
|
ESTABLISHED |
2008 |
1988 |
|
RANKING |
50-100 |
47 |
|
FEES |
14.50 LACS |
11.50 LACS |
|
TOTAL SEATS |
300+ |
400+ |
|
AVERAGE PACKAGE |
9.80 LPA |
11 LPA |
Placement Statistics:
SIBM Bangalore
- 200+ companies participated in the recruitment process, top recruiters were ITC, JP Morgan, Dell, Bloomberg, DHL
- Deloitte, Atkins Global, Fitsource, H&M offered roles in the field of Talent acquisition, Training and Management, Organisational Transformation.
- Average CTC increased to 9.79 LPA last year
- Highest domestic CTC at offer was 26.8 LPA while highest international CTC was 70 LPA
- 100+ companies took part in the summer internship drives offering highest stipend of 1.6 lacs and average stipend of 47k
- Highest recruitments were made by the FMCG sector (26%), followed by Consultancy (24%) and BFSI (23%)
BIMTECH
- Average placement rate has been over 90%
- Highest international CTC offered was 23 LPA while that of domestic was 18 LPA
- Amongst the 100+ companies took part in the recruitment process, Landmark Home Centre, BigBasket, Oppo, KPMG, Amazon were the top recruiters
- BFSI and IT& Operations were highest recruiting sectors with 24% and 19% of the total recruitments respectively
How is the MBA life in Symbiosis, Bangalore?
Symbiosis Bangalore was established 12 years back and has experienced rapid growth in its overall development as an institute since its existence. It is one of the top private B-schools in India.
Life at Symbiosis Bangalore -
- Symbiosis Bangalore has a tough academic process, similar to Symbiosis University. Students don’t get a lot of free time, though recreation and events occur throughout the year.
- Symbiosis provides case studies from Harvard Business School and Ivey Publications, excellent sessions in the classroom and labs, and business presentations in its curriculum.
- The professors are experienced and enable the approach towards new ideas and interactions, with students moving towards new learning and experience each day.
Placement:
- Bangalore is the greatest IT hub, having companies of every scale, small to large. It gives SIBM Bangalore, excellent corporate exposure due to the presence of industries.
|
Categories |
MBA at Symbiosis Bangalore |
|
Total Fees (MBA) |
14.5 Lakhs |
|
Total No. of Seats (MBA) |
209 |
|
Required cut-off (expected) |
90 percentile (SNAP) |
|
Highest Package per annum (2019) |
28.26 Lakh |
|
Average Package per annum (2019) |
9.79 Lakh |
|
Median Package per annum (2019) |
10 Lakh |
Campus Life:
- Symbiosis Bangalore is a student-centric institute. Committees and clubs organize events throughout the year. These help in the development of managerial skills for the students too.
- The institute has 8 Bloomberg Terminals, which provides global financial data and news, detailed information about markets and portfolios about worldwide companies.
- A lot of access to every kind of recreational event is provided by Symbiosis, along with the compact curriculum.
Overall, Symbiosis Bangalore is an institute with both fame and a purpose. Candidates get exposure in every field for their career growth, along with the aid of professors who are experienced and supportive.
Which institute among SIBM Bengaluru, IMT G, IMI Delhi is better for an MBA in finance?
IMI Delhi is the best option among these for an MBA in Finance. It has great brand value and industry recognition in Marketing.
You will get good learning and placement opportunities. IMI Delhi placements 2022 reports an average CTC of INR 15.23 LPA. During the 2022 placements, students have been offered job roles such as Area Sales Manager - Customer Care Division, Digital Marketing Executive, Product Manager, etc. in the Marketing domain.
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