Anushka Kharbanda. Symbiosis Bangalore MBA
Symbiosis Bangalore MBA
About the Institute and course
SIBM, that is, Symbiosis Institute of Business Management got established in the year 2008 in Bengaluru as an eminent part of Symbiosis International University (deemed). SIBM aims to impart top-notch educational opportunities to the students. The mission of SIBM involves promoting wellness and health amongst the community, staff and students. The Institute aspires to develop comprehensive competencies amongst the learners.
Application procedure
The steps for applying to the Symbiosis Institute of Business Management are given below:
Online Registration
First step – Registration and payment for SNAP by 27th November 2021.
Second step – Registration and payment for different programs @ SIBM Bengaluru latest by 17th December 2021.
Non-refundable registration fees for SNAP – INR 1950, each test.
Non-refundable program fees registration fees – INR 1000, for each program.
Selection process/admission process
The weightage of various aspects for taking admission in the MBA program is mentioned below:
| Aspect | Weightage |
| SNAP Score out of 60 scaled down to 50 | 50 |
| GE, that is, Group Exercise | 10 |
| PI, that is, Personal Interaction | 30 |
| WAT, that is, Writing Ability Test | 10 |
| Total | 100 |
Fee Structure
The yearly fees for Indian students aspiring to join MBA are ?9,00,000 with a refundable Institute deposit of ?20,000.
Given below is the table with complete fee details for Indian students:
Instalment for MBA | First-year amount in INR | Second-year amount in INR | ||
| First instalment | Second instalment | Third instalment | Fourth instalment | |
| Academic fees | 4,50,000 | 4,50,000 | 4,50,000 | 4,50,000 |
| Refundable Institute fees | 20,000 | - | - | - |
| Refundable hostel deposit | 15,000 | - | - | - |
| Annual hostel fees | 61,300 | 61,300 | - | - |
| Annual mess fees | 39,000 | 39,000 | - | - |
| Instalments | 5,85,300 | 5,50,300 | - | - |
It should be noted that the fees for hostel and mess can get increased up to ten per cent every year. The taxes by the Government shall be added as and whenever pertinent.
Eligibility criteria
The eligibility criteria for Symbiosis Institute of Business Management are mentioned below:
- The applicant should have secured at least 50% or comparable grade in graduation from any recognized University or Institution of National importance.
- Applicants appearing for final year exams are also eligible for applying however their admission will be based on securing at least 50% or comparable grade, in the case of Schedule Casts and Schedule Tribes the minimum score is 45% or comparable grade.
- An applicant who has obtained eligible qualifications from any Foreign University ought to attain an equivalence certificate from AIU, that is, the Association of Indian Universities.
In the table given below, the details about the intake of 180 students at Symbiosis Institute of Business Management are mentioned:
Reservation | Within the sanctioned intake | 3% Differently abled | 7.5% ST | 15% SC |
| Over and above the sanctioned intake | 2 seats for Kashmiri migrants | 15% of International students | ||
- Shortlisted applicants who are applying from categories apart from open categories need to provide a valid supporting document (s) at GE-PIWATs' time.
- In the differently abled category, the disabilities that are being included are visual impairment, locomotors disabilities, multiple disabilities, dyslexia, hearing impairment and mental retardation.
- The applicants who claim admission in the differently abled category shall get provisional admission in the category. Further, the applicant shall be required to attain an 'Authentication Certificate from the SCHC, that is, Symbiosis Centre of Health Care. This certificate should be obtained within a month of the beginning of the program. Symbiosis Centre of Health Care will be checking the validity of documents submitted by the applicants and confirm the continued existence and degree of the disability.
Important Dates
The important dates that candidates from the batch 2023-2025 should be mindful of are given below:
| ITEMS | DATE |
| The registration commencement date for SNAP | 4th August 2022, Thursday |
| Registration and payment closing date for SNAP | 24th November 2022, Thursday |
| Live admit card on www.snaptest.org |
|
| MBA, MBA (BA), MBA (QF) programs online registration last date | 8th December 2022, Thursday |
| MBA, MBA (BA), MBA (QF) programs registration fees last date | 8th December 2022, Thursday |
| SNAP Test, 01 | 10th December 2022, Saturday, 2:00PM – 3:00PM |
| SNAP Test, 02 | 18th December 2022, Sunday, 2:00PM – 3:00PM |
| SNAP Test, 03 | 23rd December 2022, Friday, 2:00PM – 3:00PM |
| Shortlisted candidates' announcement for group exercise – personal interaction as well as a writing ability test | 18th January 2023, Wednesday |
| Group exercise, personal interaction as well as a writing ability test |
|
| Group exercise and personal interaction |
|
| Final merit list announcement | 1st March 2023, Wednesday |
| Commencement of the program | 6th June 2023, Tuesday |
It is important to note that based on the ongoing Covid-19 pandemic situation along with any other unavoidable situations, the test schedule and nature or structure can get altered. The conduction of tests can take place either completely online or completely offline or a blend of the two modes depending upon the discretion of SIU.
Placements
After successful completion of the course, the placement can take place in a variety of sectors such as IT, services, marketing, retail, automobile, consulting and more. The highest offered CTC for the year 2022 was reported to be 26.54LPA. Here are some details about placement and package opportunities for the year 2022.
| Specialization | Average CTC |
| Marketing | 11.64 LPA |
| Finance | 10.64 LPA |
| Operations | 10.89 LPA |
| Business Analytics | 12.00 LPA |
| Quantitative Finance | 11.33 LPA |
| Human Resource | 10.90 LPA |
- The various brands that were recruited in the marketing sector included HCL, ITC Limited, Reliance Retail and DHL Express.
- In the finance sector, the companies such as Deloitte, ICICI Bank, Wipro and various others offered diverse roles such as financial analyst and hedge fund accounting.
- companies such as Wipro, HDFC Life and others recruited for various profiles such as quality analyst and supply chain management in operations specialization.
- companies such as Accenture, Deloitte and others recruited for various profiles such as data analyst and marketing analyst in the business analytics specialization.
- Multiple organizations such as Dell Technologies, Tata AIG and others were recruited for various domains such as financial support analytics and credit risk analysis in the Quantitative Finance specialization.
- For human resources, companies such as WNS Global and Firstsource recruited for various roles such as talent acquisition, learning and development.
Ranking
Symbiosis Institute of Business Management aims to provide a top-notch academic environment. SIBM was ranked 37th position in the year 2021 by mbauniverse.com.
Specialization
Symbiosis Institute of Business Management offers two years full-time MBA course with 4 different specialization areas. These areas include:
- Finance
- Operations Management
- Marketing
- HR Management
It should be noted that the two years course involves 4 semesters. In the initial two semesters, introductory subjects of management are taught such as accounting, marketing, statistics, economy and many more. As the first-year ends, students participate in 8 weeks summer internship program. In the second year, the student gets the opportunity for specializing in the area of their interest from the above-mentioned specializations. The Institute also encourages students for gaining knowledge from electives apart from one’s area of specialization.
The allocation of specialization is based on the condition that a minimum of 20 students should be opting for the specific specialization.
Scholarships
In the points given below, the various scholarships for the academic year 2021-2022 are mentioned below:
- Late Jayatee Deshmukh Scholarship (for SET/SNAP female toppers): This scholarship is eligible for those female students who attain the maximum score on the SNAP test and take admission to any PG Symbiosis Institute. 75,000 INR is the scholarship amount that shall be paid to the institute to which the student gets admitted. The adjustment of the amount shall take place along with the first fee instalment. If a student qualifies for more than 1 freeship/scholarship by the Symbiosis Society Foundation then the student can select any one scholarship/freeship which they will be awarded.
- Merit scholarship for IIT Graduates (joining SIU’s MBA programs)
- SCOPE scholarship for female students from adopted villages
- Merit scholarship scheme for students coming from North-East region
- International scholarships – Undergraduate and Postgraduate
- Fee concession of 15% for Nagpur Domicile Category
- Inaugural scholarship of 25% for SSPAD students
- Merit scholarship for SIBM Pune
- Dr Anandi Gopal Scholarship Scheme
- Merit scholarship for SLS Pune
- Global Immersion Program
- SIU Sports Scholarship
- Merit scholarship for semester topper – Undergraduate and postgraduate
Important Link and Contact Details
Given below are the important contact details that candidates can be mindful about:
- Institutes’ Name: Symbiosis Institute of Business Management, Bengaluru
- Address of the Institute: 95/1, 95/2 Electric City Phase I, Hosur Road, Bangalore – 560100
- Contact number: 080-67139573/75/85
- Fax number: 080-67139537
- Email address in case of queries pertaining to admission: admissions@sibm.edu.inmailto:admissions@sibm.edu.in
- Website: www.sibmbengaluru.edu.inhttp://www.sibmbengaluru.edu.in