How are the placements of the IIBS Bangalore campus?

November 11, 2024November 12, 2024 Career Mantra

IIBS Bangalore has always been regarded as a quality management education provider with corporate exposure. Placement record also forms one of the most significant parameters for which many aspiring students consider while choosing an MBA or PGDM course.

It is important to know the placement scenario at IIBS Bangalore so that an aspirant gets an appropriate idea about the opportunities awaiting them after completing the course. Take you deeper into the placement process, companies recruiting, salary trends, placement assistance, and much more to help you reach an informed decision.

Introduction to IIBS Bangalore

IIBS Bangalore, approved by AICTE, and affiliated to Bangalore University was established with the motive of providing affordable, high-quality education in the management field. The campus is famous as the students come from all over India due to its infrastructural facility, faculty, and industry tie-up. Due to courses like MBA and PGDM, placement plays a key role in the institution.

Placement Process at IIBS Bangalore

Placement process of IIBS Bangalore is very structured as well as managed by a dedicated placement cell working throughout the year and hence greatly reducing the gap between students and the companies. Here is a brief overview of the process:

Pre-placement Talks (PPTs): Campuses are the first places companies visit in hosting PPTs that introduce the organisation, work culture, job roles, as well as growth opportunities.
Aptitude Tests & Group Discussions: Few recruiters use written aptitude tests followed up with group discussions to examine the knowledge and reasoning capability, communication skills, and the ability to work in a team, respectively.
Personal Interviews: Lastly, the process includes personal interviews- technical, HR and managerial where the students are tested on their suitability to the position.

IIBS also provides for pre placement training with a series of resume building, mock interviews, and soft skills workshops to equip the students with all the grilling aspects of the process.

Placements Partner Companies

IIBS Bangalore maintains strong ties with leading companies operating in various industries including IT, BFSI, FMCG, Retail, Healthcare, and more. Some of the prominent companies that have been a part of the placement process in the past years are as follows:

IT & Technology: Infosys, Wipro, HCL, Capgemini, Cognizant
Banking & Finance: HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, HSBC
FMCG & Retail: Britannia, ITC, Coca-Cola, Nestlé, Big Bazaar
Healthcare & Pharma: Apollo Hospitals, Cipla, Sun Pharma
Consulting & Analytics: Deloitte, KPMG, EY, Nielsen, PwC

This is also diversified in terms of recruiters so that the students get exposure to all disciplines and various jobs according to specialty.

Placement Statistics: Job Offers and Salary Trends

IIBS Bangalore has maintained placement records year after year. It is possible for any university or institute to have achieved a high percentage of placement with the majority of students receiving multiple job offers. Let’s take a more detailed break-up:

The average placement rate at IIBS Bangalore lies in the range of 90% which means most of the students get placed even before the actual dates of graduations, and that’s a very impressive number that reflects very well on the activities of the placement cell of the institute and its connection with the industry.

Salary Packages:

Salaries are one of the top needs that most aspirants expect from an MBA. Starting salaries at IIBS Bangalore vary with the profile of the student, company, and role. So, the overall salary range is as follows.

Highest Package: INR 22 LPA
Average Package: INR 6-7 LPA
Median Package: INR 5-6 LPA
Lowest Package: INR 3.5 LPA

While the average salary package is competitive, the more skilled and leadership-potential students often receive offers at one of the higher salary ends.

Top Sectors:

IT and Consulting: A vast number of students prefer placement in IT and consulting organisations as jobs in data analytics, AI, and business consulting are in very high demand.
Banking & Finance: In fact, students are still very much being absorbed in large numbers in the banking and financial services sector, especially finance and marketing specialisations.
FMCG & Retail: They attract students who are interested in brand management, sales, and operations of retailing.

Internship Opportunities

Part of the IIBS Bangalore Curriculum includes internships. This enables students to have hands-on working experience in the specific field that they specialise in. Several companies have offered internships, along with giving opportunities for a pre-placement offer, very helpful to the students. The Companies that are offering internships at IIBS are: Amazon, Reliance Industries ,Tata Consultancy Services , L’Oréal

Internships: Internship period is 6 to 12 weeks. All these opportunities must be used effectively by students for enhancing the employability of the students.

Placement Support and Skills

The placement cell at IIBS Bangalore not only helps in recruitment but prepares the students for the placement process. It provides:

Career Counselling: One-to-One interviews to help students align their professional goals with market requirements.
Soft Skills Training: Communication, leadership, and presentation skills are provided in workshops.
Industry Interaction: Guest lectures and corporate meets by the industry experts enlighten students about what the industry expects from them.
Certifications & Workshops: Various certification programs are provided by IIBS along with various collaborating companies like Microsoft, Google, IBM, etc. to give an edge to the students.

The Alumni Association also conducts regular events during which current students get an opportunity to meet past graduates, gain insights into the professional world, and build a network.

IIBS vs. Other Business Schools

While IIBS Bangalore is competitive in the placements, it would be interesting to compare the performance with other B-schools. IIBS stands apart from its peers on account of the following:

Affordability : Affordability is one key area where IIBS is way ahead of its peers compared to other private B-schools across India, offering great value for money.
Industry Focus: IIBS balances academic rigour and practical exposure, preparing students for challenges in the real world.
Placement Record: The placement percentage and salary packages are in line with other mid-tier B-schools of Bangalore.

Takeaways for Aspirants

For MBA aspirants considering IIBS Bangalore, the key takeaways regarding placements are :

Excellent Placement Ratings: IIBS yields an almost 90% placement rating, which means that it will definitely provide a student with his long desired chance of getting a job in his specific field.
Variety in Jobs and Industries: The ability to work in such industries as IT, banking, FMCG, and consulting is a huge attractor.
Supportive Placement Cell: IIBS provides students with full support service by aiding them in the preparation process and subsequent placement in any interviews.
Salary Packages: Inflating Salary Packages. The average package is at par, but students without-class academic records and skills have more attractive prospects with higher salaries.

IIBS Bangalore is a very sound platform for building aspiring students’ careers in an MBA and PGDM course. The institution’s strong placement cells along with its partnering industries ensure that the grads are well prepared to face the challenging job market. IIBS Bangalore for students seeking cheaper, high-quality management programs with solid placement prospects appears to be an ideal choice.

Thus, any aspiring student should focus on his skills, making proper use of internships, and actively participating in placement training to maximise his chances for a promising job through IIBS Bangalore campus placements.

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