SIBM Bengaluru MBA Admission 2024: Check Course Fee, Eligibility & Application Process

Sristy Sharma

Updated On: January 29, 2024 01:58 PM

SIBM Bengaluru has announced admission dates for MBA 2024-25. Check out all about SIBM Bengaluru MBA admission 2024 including eligibility criteria, placements, scholarships, etc.
SIBM Bengaluru MBA 2024

SIBM Bengaluru MBA Admission 2024: SIBM Bengaluru MBA admission 2024 refers to the process by which individuals apply for and are selected to join the Master of Business Administration (MBA) program at Symbiosis Institute of Business Management, Bengaluru (SIBM Bengaluru). The final SIBM Bengaluru MBA admission 2024 is based on a combination of the candidate's performance in the GE, PI, WAT, SNAP scores, academic records, work experience (if applicable), and other relevant factors. The MBA specializations offered by SIBM Bengaluru include an MBA in Business Analytics, MBA in Quantitative Finance, and Executive MBA.

SIBM Bengaluru is reputed for its contribution to the growth of Indian Silicon Valley, that is Bengaluru, through its graduates. 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. 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 SIBM Bengaluru campus was established in 2008 and is among the top 25 business schools in the country. Moreover, the institute has been recognized by the international community as well. Candidates looking forward to studying MBA in 2024 are invited to check out the programmes offered by the institute and the relevant details.

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Highlights of SIBM Bengaluru MBA Admission 2024

Applicants are advised to refer to the following highlights before delving into SIBM Bengaluru MBA admission 2024:

SIBM Bengaluru MBA Admission 2024 Particulars SIBM Bengaluru MBA Admission 2024 Details

Programmes Offered

MBA full-time, MBA in Quantitative Finance (QF), MBA in Business Analytics (BA), Executive MBA

Specializations Marketing / Human Resources Management / Finance / Operations Management

Course Type

Full-Time, Part-time Distance/Online

Duration

2 Years

Intake 210
Programme Pattern Semester

Minimum Qualification Requirement

Three Year Bachelor’s Degree in Any Discipline

Minimum Aggregate Required

Graduate from any recognised University/ Institution of National Importance with a minimum of 50% marks or equivalent grade (45% marks or equivalent grade for Scheduled Caste / Scheduled Tribes)

Entrance Exam Scores Accepted

Symbiosis National Aptitude Test (SNAP)
Selection Process Symbiosis National Aptitude Test Score, Group Exercise, Personal Interaction and Writing Ability Test

Full Course Fee (only academic fees)

INR 18,90,000 - 28,40,000

Scholarship

Yet to be announced

Tuition Fee Waiver (TFW) Scheme

NIA

Major Recruiters

Amazon, Google, IBM, Infosys, Accenture, Barclays, Axis Bank, Deloitte, PwC, HSBC, JP Morgan, etc

Also Read: MDI Gurgaon PGDM 2023-24 Admissions

SIBM Bengaluru MBA Admission 2024 Dates

The admissions process of MBA 2024-26 has been timed by SIBM Bengaluru properly for both itself and students’ benefit. Here is how the timeline shall move for the same:

SIBM Bengaluru MBA Admission 2024 Events

SIBM Bengaluru MBA Admission 2024 Dates

SNAP 2023 Notification Release Date

August 23, 2023 (Wednesday)

Programme Registration Start Date

August 23, 2023 (Wednesday)

Online Registration Last Date

December 8, 2023 (Friday)

Registration Fee Payment Last Date

December 8, 2023 (Friday)

SNAP Entrance Exam Dates

  • December 10, 2023 (Sunday)
  • December 17, 2023 (Sunday)
  • December 22, 2023 (Friday)

SNAP 2024 Result Announcement

January 10, 2024 (Wednesday)

Announcement of Shortlist for Group Exercise and Personal Interaction

January 18, 2024 (Thursday)

Group Exercise & Personal Interaction for MBA Admission

  • February 8, 2024 (Thursday) to February 10, 2024 (Saturday)
  • February 12, 2024 (Monday) to February 17, 2024 (Saturday)
  • February 19, 2024 (Monday) to February 22, 2024 (Thursday)

First Merit list Release Date

March 14, 2024 (Thursday)

Last date for payment of fees for candidates in the first merit list

March 28, 2024 (Thursday)

Commencement of MBA Programme

June 4, 2024 (Tuesday)

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

SIBM Bengaluru MBA Admission 2024: Intake

Check the table below to know about the intake of students during SIBM Bengaluru MBA admission 2024.
Intake 210
Reservation I. Within the sanctioned intake
a) SC

(In Percentage)

b) ST

(In Percentage)

c) Differently abled

(In Percentage)

15 7.5 3
II. Over and above the sanctioned intake
a) Kashmiri Migrants

(In Seats)

b) International Students

(In Percentage)

2 15

SIBM Bengaluru MBA Admission 2024: Why Pursue Full-time MBA at SIBM Bengaluru

Pursuing a full-time MBA at SIBM Bengaluru can offer several potential benefits and opportunities for your education and career. However, before making a decision, it's important to conduct thorough research and consider factors that align with your personal and professional goals. Here are some reasons why you might consider pursuing a full-time MBA at SIBM Bengaluru:

Reputation and Accreditation: SIBM Bengaluru is a part of the Symbiosis International (Deemed University) network, which is well-known for its quality education and strong reputation in management education. The institute is often accredited by recognized bodies, ensuring that you receive a valuable degree.

Academic Excellence: SIBM Bengaluru usually offers a rigorous and comprehensive curriculum that covers various aspects of business management. The faculty members are typically experienced professionals with academic and industry expertise.

Specializations: SIBM Bengaluru often provides a range of specialization options within its MBA program. This allows you to tailor your education to your specific career interests, whether it's marketing, finance, operations, human resources, or other areas.

Industry Exposure: The institute often maintains strong ties with the corporate world, providing students with opportunities for internships, live projects, industry visits, and interactions with industry experts. This exposure can help bridge the gap between theory and practical application.

Placements: SIBM Bengaluru often has a dedicated placement cell that assists students in securing job placements. The institute's connections with companies and industries can contribute to a higher likelihood of placement opportunities.

Networking: During your time at SIBM Bengaluru, you'll have the chance to interact with peers from diverse backgrounds, faculty members, alumni, and industry professionals. These connections can be valuable for your future career endeavors.

Location: Bengaluru, also known as the Silicon Valley of India, is a major hub for technology, startups, and corporate headquarters. Being situated in such a location can provide you with unique networking and job opportunities.

Also Read: PGDM / MBA in Innovation, Entrepreneurship and Venture Development (IEV)

SIBM Bengaluru MBA Admission 2024: 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 2024 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 Admission 2024: Eligibility Criteria

The eligibility criteria of the SIBM Bengaluru MBA admission 2024 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 2024 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.
Also Read: MBA/PGDM College Predictor

SIBM Bengaluru MBA Admission 2024: Application Process

The SIBM Bengaluru MBA admission 2024 requires online registration in the following manner:

Step 1: Register and pay the required registration fee for SNAP by November 23, 2023.

Step 2: Register and pay the required registration fee for various programmes @ SIBM Bengaluru by December 8, 2023.

Step 3: Know the online SNAP entrance test dates:

  • December 10, 2023 (Sunday)
  • December 17, 2023 (Sunday)
  • December 22, 2023 (Friday)

Step 4: Pay the required registration fees to complete the application process:

  • Registration fee for SNAP – Rs.2,250/- Per Test (non-refundable & government taxes would be additional as and when applicable)
  • Programme Registration Fee – Rs.1,000/- per programme (non-refundable & government taxes would be additional as and when applicable)

Candidates can register for SIBM Bengaluru MBA admission 2024 directly by clicking on the link below.

SIBM Bengaluru MBA Admission 2024 Fees

The overall fee structure of SIBM Bengaluru MBA Admission 2024 has 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 2024 batch:

Indian Students

Programme Fees for Master of Business Administration (Indian Students) Amount in INR
Academic Fees (Per Annum) 9,45,000
Institute Deposit (Refundable) 20,000
Hostel and Mess Fees for Indian & International Students. (Subject to change campus and accommodation type wise, e.g. Twin Sharing, Triple Sharing etc.)

(The Fees indicated herein are for Bengaluru campus)

Amount in INR (For Indian Students) USD equivalent to INR
Mess Fees (Per Annum) 86,000 86,000
Hostel Deposit (Refundable) 15,000 15,000
Hostel Fees (Different, subject to Sharing, Per Annum) - -
Twin Sharing 1,35,000 1,35,000
Three Sharing 1,35,000 1,35,000

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 each year:

Installments for Master of Business Administration (Indian Students) 1 st year (Amount in INR) 2 nd year (Amount in ₹)
1 st Installment (Amount in INR) 2 nd Installment (Amount in INR) 3 rd Installment (Amount in INR) 4 th Installment (Amount in INR)
Academic Fees (Per Annum) 4,72,500 4,72,500 4,72,500 4,72,500
Institute Deposit (Refundable) 20,000
Hostel Deposit (Refundable) 15,000
Hostel Fees 67,500 67,500
Mess Fees 43,000 43,000
Installments 6,18,000 5,83,000
Last Date of Payment At the time of admission 25-Nov-2023 25-June-2024 25-Nov-2024

International Students

Programme Fees for Master of Business Administration (International Students) USD equivalent to INR
Academic Fees (Per Annum) 14,20,000
Institute Deposit (Refundable) 20,000
Administrative Fees (Non Refundable) 40,000
Hostel and Mess Fees for Indian & International Students. (Subject to change campus and accommodation type wise, e.g. Twin Sharing, Triple Sharing etc.)

(The Fees indicated herein are for Bengaluru campus)

Amount in ₹ (For Indian Students) USD equivalent to INR
Mess Fees (Per Annum) * 86,000 86,000
Hostel Deposit (Refundable) 15,000 15,000
Hostel Fees (Different, subject to Sharing, Per Annum)*
Twin Sharing 1,35,000 1,35,000
Three Sharing 1,35,000 1,35,000

*Hostel and Mess fees can be increased up to 10% each year. Government taxes would be additional as and when applicable.

Installments for Master of Business Administration (International Students)

1 st Year (USD Equivalent to INR)

2 nd Year (USD Equivalent to INR)

1 st Installment

2 nd Installment

3 rd Installment

4 th Installment

5 th Installment

Administrative Fees (Non Refundable)# 40,000
Academic Fees 45,000 6,45,000 7,30,000 7,10,000 7,10,000
Institute Deposit (Refundable) 20,000

Hostel Deposit (Refundable)

15,000

Hostel Fees(Per Annum)

67,000 67,000 **

Mess Fees(Per Annum)

43,000 43,000 **

Installments

1,05,000 7,70,500 8,40,500 - -
Last Date of payment

At the time of acceptance of ‘Offer Letter’

(USD equivalent to INR)

At the time of Reporting to SCIE 25-Nov-2023 25-June-2024 25-Nov-2024

Note: #50% concession to be given only to the Foreign National Students on Administrative Fees.
*Hostel and Mess Fees can be increased up to 10% each year.
**Hostel and Mess Fees for the subsequent year would be communicated before commencement of the next academic year.

SIBM Bengaluru MBA Admission 2024: Detailed Process

The admission process of SIBM Bengaluru is quite simplified and direct. The following are the steps involved in SIBM Bengaluru admission 2024:

Step 1- Online Registration: Visit the official SIBM Bengaluru website and navigate to the admissions section. Look for the application form for the MBA program. Register by providing your personal and contact information.

Step 2- Programme Selection: Choose the MBA programme and specialization you wish to apply for. SIBM Bengaluru typically offers various specializations, such as Marketing, Finance, Operations, Human Resources, etc.

Step 3- Document Upload: Scan and upload the required documents. These documents could include your academic transcripts, standardized test scores like Symbiosis National Aptitude Test (SNAP), passport-size photographs, and any other documents as specified by the institute.

Step 4- Application Fee Payment: Pay the application fee online as per the instructions provided on the application portal before the registration deadline.

Step 5- SNAP Test Registration: If SNAP scores are a requirement, you'll need to register for the SNAP test separately. The SNAP test is usually conducted by Symbiosis International (Deemed University) and is a common admission test for various Symbiosis institutes.

Step 6- SNAP Test Appearance: Take the SNAP test on the scheduled date and time. Your SNAP score will be used as part of the admission process for SIBM Bengaluru.

Step 7- Shortlisting: SIBM Bengaluru will shortlist candidates based on their SNAP scores, academic performance, and other factors.

Step 8- GE-PIWAT Process: Shortlisted candidates will be invited for the Group Exercise (GE), Personal Interview (PI), and Writing Ability Test (WAT) process. This step is crucial in the final selection process.

Step 9- Final Selection: SIBM Bengaluru will consider your SNAP scores, academic records, performance in GE-PIWAT, work experience (if applicable), and other criteria to make the final selection. Await the announcement of the merit list.

Documents Required for SIBM Bengaluru MBA Admission 2024

The following documents are required for SIBM Bengaluru MBA admission 2024:

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

SIBM Bengaluru MBA Admission 2024 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:

Group Exercise (GE): During the GE, candidates are divided into groups and given a specific topic or case study to discuss. The purpose of this exercise is to assess your communication skills, teamwork, leadership potential, and your ability to contribute to a group discussion.

Personal Interview (PI): The Personal Interview provides the admissions panel with the opportunity to understand your background, motivations, aspirations, and suitability for the MBA program. Be prepared to discuss your academic history, work experience (if applicable), strengths, weaknesses, and your reasons for choosing SIBM Bengaluru.

Writing Ability Test (WAT): This is a written test where candidates are given a topic or prompt to write about within a specified time limit. The WAT evaluates your written communication skills, analytical thinking, and ability to express your thoughts coherently.

Academic Performance: Your academic performance, including your past academic records and any relevant work experience, might also be considered during the final selection process.

Diversity and Profile: SIBM Bengaluru often values diversity in terms of academic backgrounds, work experiences, and other factors. Your unique profile could play a role in the final selection decision.

SNAP Scores: Your scores from the Symbiosis National Aptitude Test (SNAP) are typically a key factor in the selection process. High SNAP scores can strengthen your application and increase your chances of being selected.

After considering all aspects of your application and performance in the final selection process, SIBM Bengaluru will send out offers of admission to the selected candidates.

The weightage for final merit list for admission to MBA programmes batch 2024-26 has been provided below.

Particulars

Details

SNAP Score out of 60 scaled down to 50

50

Group Exercise (GE)

10

Personal Interaction (PI)

40

Total

100

SIBM Bengaluru MBA Admission 2024: Programme Structure

The MBA programme structure offered at SIBM Bengaluru has been provided below.

Semester

Syllabus

Semester I

  • Business Statistics
  • Microeconomics
  • Financial Accounting
  • Marketing Management
  • Operations Management
  • Organizational Behaviour
  • Business Communication
  • Basics of Financial Management

Semester II

  • Strategic Management
  • Macroeconomics
  • Business Analytics
  • Cost Accounting
  • Entrepreneurship
  • Financial Management
  • Human Resource Management
  • Corporate Governance and Ethics

Semester III

Project

Specialization Core Courses

  • Marketing
  • Finance
  • Operations Management
  • Human Resource Management

SIBM Bengaluru MBA Cut-Off 2024

SIBM Bengaluru has not announced any cut-off for the upcoming 2024 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.

Also Read: LBSIM Delhi PGDM Admission 2023

SIBM Bengaluru MBA Admission 2024: Placements

SIBM Bengaluru batch of 2023 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 2023 placements:

  • The average annual salary package was recorded as INR 13,48,000 per annum, which is approximately 19.61% higher than the previous placements.
  • The highest CTC offered to new graduates was recorded at INR 21,00,000 per annum, while the average CTC of the top 50 graduates was recorded as INR 17,42,000 per annum.
  • The average CTC of the top 100 graduates was observed to be INR 16,24,000 per annum.
  • The total number of companies was more than 125.
  • The BFSI industry dominated the process at 26% involvement followed by the Manufacturing sector at 14%, and IT, Consulting, and Services at 12%. Other sectors involved were FMCG, Services, Retail, Automobile, Manufacturing, Pharmaceutical, and Healthcare.
  • About 60% of freshers were able to successfully land job offers in initial placements.
  • Top companies involved in the placements were Airtel, Big Basket, Capgemini, Hero, Accenture, Dell, KPMG, McKinsey & Company, Hyundai, Wipro, IBM India, Infosys, Deloitte, PWC, Wells Fargo, and many more.

Need SIBM Bengaluru MBA Admission 2024-related assistance? Reach out to us by posting your queries at the CollegeDekho QnA Zone or by calling us on our toll-free number 1800-572-9877.

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