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

Sristy Sharma
Sristy SharmaUpdated On: January 03, 2023 08:34 pm IST
SIBM Bengaluru has announced admission dates for MBA 2023-24. Check out all about SIBM Bengaluru MBA admission 2023 including eligibility criteria, placements, scholarships, etc.
SIBM Bengaluru MBA 2023-24

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:

Programmes Offered

MBA, MBA in Quantitative Finance (QF), MBA in Business Analytics (BA)

Course Type

Full-Time, Part-time Distance/Online

Duration

2 Years

Minimum Qualification Requirement

Three Year Bachelor’s Degree in Any Discipline

Minimum Aggregate Required

50%/45%

Entrance Exam Scores Accepted

SNAP; in-house entrance exam

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

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:

Action/Event

Dates & Deadlines

SNAP Registration 

November 24, 2022

Admit Card SNAP Test 1

December 5, 2022

Admit Card SNAP Test 2 & 3

December 10, 2022

Course Registration - MBA, MBA(BA), & MBA(QF)

December 8, 2022

SNAP Test 1

December 10, 2022

SNAP Test 2

December 18, 2022

SNAP Test 3

December 23, 2022

SNAP Result

January 10, 2023

Shortlisted Candidates Announcement for GE-PIWAT

January 18, 2023

GE-PIWAT (Session I)

February 6, 2023 - February 11, 2023

GE-PIWAT (Session II)

February 13, 2023-February 18, 2023

Announcement of First Merit List

March 6, 2023

Programme Commencement

June 6, 2023

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:

Due Fee Component

Fee for Indian Students (in INR)

Fee for International Students (in INR)

SNAP Registration Fee (Non-Refundable)

1,950

1,950

Programme Application Fee (Non-Refundable; each programme)

1,000

1,000

Academic Fees Installment 1

4,72,500

45,000

Institute Deposit (Refundable)

20,000

20,000

Administrative Fees (Non-Refundable)

0

40,000

Academic Fees Installment 2

4,72,500

6,45,000

Academic Fees Installment 3

4,72,500

7,30,000

Academic Fees Installment 4

4,72,500

7,10,000

Academic Fees Installment 5

0

7,10,000

Total Academic Fees

18,90,000

28,40,000

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 second year:

Due Fee Component

Fee for Indian Students (in INR)

Fee for International Students (in INR)

Hostel Deposit (Refundable)

15,000

15,000

Hostel Fees Installment 1

67,500

67,000

Mess Fees Installment 1

43,000

43,000

Hostel Fees Installment 2

67,500

67,000

Mess Fees Installment 2

43,000

43,000

Hostel Fees Installment 3

1,35,000

1,35,000

Mess Fees Installment 3

86,000

86,000

Total Hostel & Mess Fees

4,42,000

4,40,000

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:

Fees

Due Date for Indian Students

Due Date for International Students

Academic Fees Installment 1

Time of Admission

Time of Offer Letter Acceptance

Administrative Fees

NA

Time of Offer Letter Acceptance

Institute Deposit

Time of Admission

Time of Offer Letter Acceptance

Hostel Deposit

Time of Admission

Time of Reporting to SICE

Hostel & Mess Fees Installment 1

Time of Admission

Time of Reporting to SICE

Academic Fees Installment 2

November 25, 2023

Time of Reporting to SICE

Hostel & Mess Fees Installment 2

November 25, 2023

November 25, 2023

Academic Fees Installment 3

June 25, 2024

November 25, 2023

Hostel & Mess Fees Installment 3

June 25, 2024

June 25, 2024

Academic Fees Installment 4

November 25, 2024

June 25, 2024

Academic Fees Installment 5

NA

November 25, 2024

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.

Need admission-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.

FAQs

Is it possible to pay SIBM Bengaluru MBA admissions 2023 fees in installments?

Yes, it is possible to pay SIBM Bengaluru MBA admissions 2023 fees in installments. There is a special system in place where the institute has demonstrated when the installment shall become due. To maintain clarity the amount of each installment is also specified. While the system has been divided into four installments, you can inquire about the possibility of having a personalised installment system.

What is commonly asked in the selection process of SIBM Bengaluru MBA admissions 2023?

The commonly asked questions in the selection process of SIBM Bengaluru MBA admissions 2023 are based to test your soft skills equally as your core skills. While the direct answers do deal with confirmation of facts and other claims, your attitude and overall approach to the question demonstrate your personality traits, which are considered equally important as your core skills. These traits are a clear indication of how your initial approach toward the course shall be.

I do not have any work experience. Can I still apply for SIBM Bengaluru MBA admissions 2023?

Yes, even without any prior work experience you can still apply for SIBM Bengaluru MBA admissions 2023. Work experience does have an important role to play in the admissions process of the institute, however, freshers are selected in a manner that they have the highest share in the batch demographics. The reason is that there is a special executive programme available for experienced professionals, and the institute believes it important to hone new talent.

Are any MBA specialisations available for SIBM Bengaluru MBA admissions 2023?

Yes, there are varying MBA specialisations available for SIBM Bengaluru MBA admissions 2023. There are primarily four MBA programmes offered by the institute. Apart from the flagship programme, the institute offers specialisation in Quantitative Finance and Business Analytics. There is one MBA Executive programme also available for experienced professionals on a part-time basis.

Are any on-campus accommodations available for candidates clearing SIBM Bengaluru MBA admissions 2023?

Yes, on-campus accommodations are available for candidates clearing the SIBM Bengaluru MBA admissions 2023 selection process. The final shortlisted candidates shall receive an offer letter of admission from the institute, on confirmation of which they shall receive their letter of enrollment. They can use the same to apply for hostel accommodations available at the institute. The hostel fees and expenses are additional to tuition and educational expenses.

What is the percentile range required for other acceptable entrance scores for SIBM Bengaluru MBA admissions 2023?

The percentile range required for other acceptable entrance scores for SIBM Bengaluru MBA admissions 2023 is variable depending on the different exams accepted by the institute. Yet for all the entrance scores being submitted by the applying candidates they need to show a 90 or above percentile to even get considered for the GE-PIWAT process. The majority of shortlisted candidates have a percentile of over 95 in CAT or its equivalent for other exams.

What is the full form of GE-PIWAT for SIBM Bengaluru MBA admissions 2023?

The full form of GE-PIWAT for SIBM Bengaluru MBA admissions 2023 is Group Exercise, Personal Interview, and Writing Assessment Test. The acronym collectively represents the selection process of the institute for the shortlisted candidates. The applicants are first shortlisted based on their entrance exam scores and application. After being shortlisted they need to clear all three processes to get a college admission letter offered from SIBM.

What is the selection process for SIBM Bengaluru MBA admissions 2023?

The selection process for SIBM Bengaluru MBA admissions 2023 is a three-step process wherein candidates need to apply with their entrance scores, on qualifying with a valid score against the cut-off they need to clear a GD round, and finally, a personal interview is scheduled for the candidates who have successfully passed the GD round. The whole process is named GE-PIWAT. It is the standard selection process for SIBM MBA admissions.

What is the full form of SIBM Bengaluru?

The full form of SIBM Bengaluru is Symbiosis Institute of Business Management Bengaluru. The institute is among the top 10 institutes in India for postgraduation in business and management programmes. The institute is accredited and approved by the Universities Grant Commission (UGC), and offers one of the most qualifying MBA courses. There are varying specialisations available for students applying for the degree.

Can I apply for SIBM Bengaluru MBA admissions 2023 with other entrance exams than SNAP 2022?

Yes, you can apply for SIBM Bengaluru MBA admissions 2023 with other entrance exams instead of SNAP 2022. While SNAP is an indigenous entrance exam of the institution you can apply with other exams like CAT, XAT, and GMAT. In case you are sure that you only want to apply for SIBM Bengaluru then it is easier to choose for the SNAP exam. On the other hand, if you are applying for multiple business schools then you can go for CAT or XAT, which almost all the colleges accept across India.

What is an appropriate SNAP 2022 score to successfully get enrolled at SIBM Bengaluru?

The appropriate score in SNAP 2022 which could successfully get you enrolled at SIBM Bengaluru places your final weighted average at a competitively higher position than other applicants. Your score shall represent 50% of the weights in the average, hence it is strongly advised to aim for above 80 percentile to cement your admission.

Is SIBM Pune better than SIBM Bengaluru?

SIBM Pune has a better education system and faculty in comparison to SIBM Bengaluru. SIBM Pune graduates have proved themselves to be better employees in terms of knowledge and skills. However, SIBM Bengaluru is situated in one of the economic capital cities of India, that is Bengaluru. It makes the respective graduates easily employable. Moreover, the difference is not so stark that a comparison is required, especially as both campuses record over 90% placements.

Are there any research opportunities available at SIBM Bengaluru?

Yes, there are varying research opportunities available at SIBM Bengaluru. The institute is among the ones which offer both teaching and research-based MBA programmes. There are also in-house magazines that publish and accredit the papers written by SIBM Bengaluru students. Moreover, dedicated involvement is also supported through investments and collaborations with national and international MBA research institutes.

What are the other MBA programmes offered by SIBM Bengaluru?

Other MBA programmes offered by SIBM Bengaluru include MBA in Family Managed Business and Entrepreneurship. The programme stands deferred for the 2023 batch, as it has been since the onset of the Covid-19 pandemic. The programme may get revived in the upcoming years. Additionally, the institute also offers varying executive programmes in MBA.

Does SIBM Bengaluru offers any summer internship support to its students?

Yes, SIBM Bengaluru does offer summer internship support to its students. It is a common and important component of MBA studies, and hence, the institute supports it by helping students get apprenticeships with selected companies, such as Aditya Birla Fashion and Retail Ltd., ITC Limited, Capgemini, Titan, etc. The highest stipend recorded for the 2022 batch was INR 2,30,000, while the average stipend was INR 47,500.

Which scholarship programmes are expected to be available for MBA 2023-24 students?

SIBM Bengaluru has not yet announced any scholarship programmes for MBA 2023 batch students. However, it is expected that Lata Jayatee Deshmukh Scholarship, Dr Aanandi Gopal Scholarship Scheme, and 25% Inaugural Scholarship to SSPAD students might continue to apply to the students. There are varying other scholarship programmes designed by the institute, but their status is unclear yet.

What is the cut-off score of SNAP 2022 for the SIBM Bengaluru MBA Admission 2023 batch?

There is no specific cut-off score of SNAP 2022 for MBA 2023 admissions. SIBM Bengaluru issues its final merit list based on a weighted average. SNAP 2022 has a component equivalent to 50% in this weighted average for 2023 MBA admissions. The institute shall scale the score out of 50 for the same. It is the final average that dictates your admission decision.

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