SIBM Bengaluru MBA Admission 2023: Check Course Fee, Eligibility & Application Process

Symbiosis Institute of Business Management (SIBM) Bengaluru is one of the campuses and subsidiary institutes of Symbiosis International University. The deemed university operates through over 30 subsidiary institutes across the country, out of which Bengaluru is among the most prestigious and elite campuses.

SIBM Bengaluru is reputed for its contribution to the growth of Indian Silicon Valley, that is Bengaluru, through its graduates. The high employability factor of the courses of the institute makes it easier for the students to get good jobs and contribute to economic and industrial growth. The campus was established in 2008 and is among the top 25 business schools in the country. Moreover, the institute has been recognised by the international community as well. 

Candidates looking forward to studying MBA in 2023 are invited to check out the programmes offered by the institute and the relevant details.

Highlights of SIBM Bengaluru MBA Admission 2023 

Applicants are advised to refer to the following highlights before delving into SIBM Bengaluru MBA admission:

SIBM Bengaluru MBA Admission Dates 2023

The admissions process of MBA 2023-24 has been timed by SIBM Bengaluru properly for both itself and students’ benefit. Here is how the timeline shall move for the same:

Note: SNAP Tests shall be conducted on respective dates between 2:00 PM - 3:00 PM as per IST.

About SIBM Bengaluru MBA Course

SIBM Bengaluru offers three full-time programmes and one part-time programme as an MBA degree. Here are the MBA programmes available for application for the MBA 2023 batch at the institute:

• MBA:Master’s of Business Administration is a full-time programme offered by SIBM Bengaluru as its flagship course.
• MBA Quantitative Finance: It is a specialisation course in finances and accounting, and is offered as a full-time programme by the institute.
• MBA Business Analytics: The full-time programme is again an MBA specialisation focusing on using statistics and figures to analyse the current and future strategies for business administration.
• MBA Executive: The programme is offered as part-time courses. There are specialisations available under it, and students may also study the same in an online format.

SIBM Bengaluru MBA Eligibility Criteria 2023

The eligibility criteria of the SIBM Bengaluru MBA admission 2023 batch dictate whether applicants shall be able to participate in the admission process of the institute. They are not a guarantee of admission at all. 

Here is what is expected by the candidates applying for admission to MBA 2023 batch admissions:

• Applicant must hold a bachelor’s degree from any recognised university, equivalent, or foreign university, or be enrolled to appear for the final examination for their bachelor’s degree.
• Applicants must have an aggregate of at least 50%, 45% for SC/ST, in their respective bachelor’s degree.
• Admission of applicants due to appear for final examinations is subjected to them scoring at least 50%, or 45% if belonging to SC/ST, in the same.
• If the applicant has completed their bachelor’s from a foreign university, then they need to provide an Association of Indian Universities (AIU) certificate attesting the same as equivalent to an Indian bachelor’s degree.

SIBM Bengaluru MBA Admission Fees 2023

The overall fee structure of SIBM Bengaluru MBA Admission 2023 have been declared by SIBM Bengaluru. Here are the various fees applicable for the candidates applying for MBA programmes and enrolled students, domestic and international, for the MBA 2023 batch:

Apart from the academic fees and its varying components, hostel and mess (food) fees are also applicable for students who wish to stay at on-campus accommodations of SIBM Bengaluru. The installment or fees for the second year may be different than the first-year charges. The institute can increase the same by up to 10%, depending on government policies, inflation, and other economic and market conditions.

Here are the detailed hostel and mess fees schedule, along with probably applicable fees for the second year:

All types of fees charged by SIBM Bengaluru shall become due on schedule. Here is the detailed schedule for when each type shall become due for payment for the applicant or the students, as the case may be:

SIBM Bengaluru MBA Admission Process 2023

The admission process of SIBM Bengaluru is quite simplified and direct. The following are the steps involved in the process:

Step 1: Interested candidates need to register themselves online for Symbiosis National Aptitude Test (SNAP) 1,2, or 3 by the deadline announced.

Step 2: Register and pay the application fees for the MBA programme applicant is interested in before the registration deadline.

Step 3: Appear for the SNAP Test.

Step 4: If shortlisted for Group Exercise, Personal Interaction, and Writing Ability Test (GE - PIWAT), attend the same.

Step 5: Await the announcement of the merit list.

Step 6: Get the respective Letter of Admission.

Step 7: Attend the programme study as per schedule.

Documents Required for SIBM Bengaluru MBA Admission 2023

The following documents are required for SIBM Bengaluru MBA admission 2023:

• Academic Transcripts,
• Statement of Purpose,
• CV,
• Work Experience if any,
• Letter of Recommendation if any, and
• Any other relevant documents as required by the institution.

SIBM Bengaluru MBA Admission 2023 Shortlisting Process

While the admission process is clear-cut, the shortlisting process is slightly complicated, especially after an applicant is shortlisted for GE-PIWAT. Here is how the components are weighted for the declaration of the final merit list by SIBM Bengaluru:

• SNAP score out of 60, scaled to 50 - 50%
• Group Exercise (GE) - 10%
• Personal Interaction (PI) - 30%
• Written Ability Test (WAT) - 10%

SIBM Bengaluru MBA Cut-Off 2023 (include the latest data)

SIBM Bengaluru has not announced any cut-off for the upcoming 2023 admissions. The institute has its system of entrance examination, that is Symbiosis National Aptitude Test (SNAP), however, its scores are considered as 50% weights in the final scores for admission. Hence, it has a special and important involvement due to heavy contribution, but it is not the only thing dictating the final merit list decision. Moreover, it also serves as the basis for shortlisting the candidates for GE-PIWAT rounders, which contribute to the remaining 50% weight in the final merit list decision.

It is common knowledge that applicants need to score at least 40 percentile to even get invited for the next set of the admission process. However, this percentile is not set, and neither is the cut-off score. The raw scores out of 60 are scaled to out of 50 to finally represent the entrance exam scores. Hence, the percentiles are not set by the time of the final decision. Yet, too low scores shall not be invited for the following procedures as the test scores do make up 50% of the total weights.

SIBM Bengaluru MBA Placements

SIBM Bengaluru batch of 2022 is the best reference to understand the scope of placements at the institute. These placements are an important reflection of the institute’s educational prowess as well as the employability of the programmes. As a postgraduate qualification, it is one of the most important expectations from MBA programmes that they ensure graduates’ employability. Here are the facts relayed by SIBM Bengaluru itself regarding 2022 placements:

• The average annual salary package was recorded as INR 11,27,000, which is approximately 8.5% higher than the previous placements.
• The highest CTC offered to new graduates was recorded at INR 26,54,000, while the average CTC of the top 50 graduates was recorded as INR 15,83,000.
• Over 100 companies were involved in the event of the placement, with the IT industry dominating the process at 34% involvement.
• BFSI and Consulting followed IT companies with 24% and 19% participation. Other sectors involved were FMCG, Services, Retail, Automobile, Manufacturing, Pharmaceutical, and Healthcare.
• About 59% of freshers were able to successfully land job offers in initial placements.
• Top companies involved in the placements were Accenture, MTR Foods, Bain and Company, Hexaware Technologies, NSE, IBM India, Infosys, Deloitte, ClearTax, Games 24X7, Michael Page, D. E. Shaw Group, and TresVista.

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