INTRODUCTION INDIAN INSTITUTE OF MANAGEMENT [BANGALORE]

The Indian Institute of Management Banglore is India’s most prestigious business school. It is well-known for its outstanding faculty, high-quality education, concentrated learning, commitment to excellence, and innovative educational approach. But what distinguishes it from other business schools?
This article will discuss the key characteristics that distinguish the Indian Institute of Management.

Overview of the INDIAN INSTITUTE OF MANAGEMENT [BANGALORE]

The Indian Institute of Management Bangalore (IIM Bangalore) is one of the country’s top IIMs. After IIM Ahmedabad and IIM Calcutta, IIM Bangalore was the third IIM to be established. IIM Bangalore was founded in 1973 and is ranked as the second-best business school in India by NIRF 2022 and the 50th-best business school in the world by QS.

IIM Bangalore is well-known for its flagship PGP program (equivalent to an MBA). IIMB is regarded as one of the best business schools in India and Central Asia. Aside from providing an excellent learning environment, the institute is also known for its high ROI. IIM Bangalore’s flagship MBA program costs around INR 24.5 LPA, with the average CTC for the 2022 batch standing at INR 33.8 LPA, making it one of the best B-Schools in the country in terms of high ROI. The CAT entrance is used for MBA admissions at IIM Bangalore.

They are located in India’s high technology capital, close to some of the country’s leading corporate houses, ranging from information technology to consumer product companies, giving us the added benefit of integrating classroom knowledge with practical experience.

Eligibility, Courses & fees

Although the MBA fees at IIM Bangalore are INR 24.50 lakhs, the actual cost of pursuing an MBA at IIM Bangalore is close to INR 27,50,000. The institute increased its MBA fees from Rs. 23 lacks last year.
The following are some of the courses offered by IIM Bangalore:

MBA[MASTER OF BUSINESS ADMINISTRTION]

• Fees- 24,50,000 INR
• Duration- 2 years
• Seat- 480
• Eligibility- Graduated with 50% (45% for SC, ST, and DAP) or students in their final graduation year.
  Criteria of selection- Scores on the CAT/GMAT + Written Ability Test + Work Experience + Academic Scores + Personal Interview

MBA-BA[MASTER OF BUSINESS ADMINISTRATION IN BUSINESS ANALYTICS]

• Fees- 24,50,00 INR
• Duration- 2 years
• Seat- 45
• Eligibility- Bachelor’s Degree
• Criteria of selection- Scores on the CAT/GMAT + Work Experience + Academic Scores + Personal Interview

EPGP[EXECUTIVE POST GRADUATE PROGRAM IN MANAGEMENT]

• Fees- 29,00,000 INR
• Duration- 1year
• Seat- 75
• Eligibility- Graduate with a minimum of 50% (45% for SC/ST/DAP) or CA/IICWA/CCS with five years of work experience
• Criteria of selection- GMAT/GRE scores combined with a statement of purpose and references

PGPEM[POST GRADUATE PROGRAMME IN ENTERPRISE MANAGEMENT]

• Fees- 20,11,000 INR
• Duration- 2years
• Seat- 75
• Eligibility- Graduate with a minimum of 50% (45% for SC/ST/DAP) and four years of work experience
• Criteria of selection- Work Experience + Academic Scores + Personal Interview + Written Ability Test + CAT, GMAT, GRE, and IIMB Scores

PGPPM[POST GRADUATE PROGRAMME IN PUBLIC POLICY AND MANAGEMENT]

• Fees- 23,00,000 INR
• Duration- 1 year
• Eligibility- Graduate with a minimum of 50% (45% for SC/ST/DAP) and five years of work experience
• Criteria of selection- Scores on the CAT, GMAT, GRE, and IIMB + Work Experience + Academic Scores + Personal Interview

PhD[DOCTOR OF PHILOSOPHY]

• Duration- 5 years
• Eligibility- Master’s Degree or 5-Year Integrated Master’s Degree or Diploma with 55% Marks (50% for SC/ST/PwD) or CA/ICWA/CS with at least 50% Marks (45% for SC/ST/PwD) or Bachelor’s Degree with 6.5 CGPA (6 CGPA for SC/ST/PwD)
• Criteria of selection- Scores from the CAT, GMAT, GRE, JRF (NET), GATE, and IIMB + Personal Interview + Work Experience + Academic Scores

Distinguishing Feature of IIMB

World-class, state-of-the-art air-conditioned amphitheater-style classrooms with Wi-Fi and computers, overhead projectors, screens, and a wireless public address system.Make room for each study group for group studies, projects, and assignments. Each room will include a locker, printer, table, chairs, and Wi-Fi or LAN access.The dining hall serves both vegetarian and non-vegetarian meals.

Subscriptions are available for indoor and outdoor games, recreation activities, and gymnasiums for you and your family.The new campus has a Student Activity Block (SAB) with amenities such as a lounge, gymnasium, snack counter, indoor games (caroms, chess), dance pit, etc.

Many PGPX and FPM students live on campus in Married Student Housing (MSH). These students’ spouses have clubs, and many kids are on campus. On campus, there are dedicated children’s play areas and a crèche. There are numerous good schools nearby for families who want to enroll their children in Ahmedabad while staying here.On campus, a dispensary with resident doctors, including a gynecologist.
A State Bank of India branch has an Axis Bank ATM.On campus, there are several food cafes.

Parking is available. You can bring your vehicle to campus if you enjoy driving around the city or region during your breaks.

Faculty and Academic Resources at IIMC

IIMA’s faculty consists of distinguished business educators with extensive knowledge and expertise in business and management studies from prestigious institutions such as IIM.
The College strives to create an intellectually stimulating environment emphasizing experiential learning, holistic development, practice-oriented teaching, and research.

Furthermore, to prepare students for business success, IIMA provides various activities outside traditional classroom learning, such as seminars, workshops, industrial visits, and interactive sessions with eminent businesspeople. The School of Management is one of the best institutions for those interested in a career in business and management, with experienced faculty and a curriculum designed to complement industry trends.

Faculty members are accomplished and qualified professionals from prestigious institutes and industries such as IIM, IIT, NIT, and XLRI.

Placement & Rankings

IIM Bangalore placements for the PGP and PGP in Bachelor of Arts programs have ended in 2023. A total of 606 offers were made to 512 students. Consulting firms received the most offers (221), followed by conglomerate companies (86). IIM Bangalore also completed its placement drive for the 2022-23 Executive Postgraduate Programme in Management class (EPGP). More than 90% of the batch was placed within three days of the placement week in November 2022, and the remainder was placed in a rolling recruitment process that ended on January 20, 2023. Over 70 of the 75 students in the batch were placed. Recruiters from EY, Mckinsey, Genpact, and TVS Motors attended the placement drive.

 

Final placements at IIM Bangalore are usually held in March. Lateral placements are available from December to February, with summer internships beginning in November. Some top recruiters visiting IIM Bangalore each year include Accenture, Genpact, Glenmark, Axis Bank, Capgemini, Infosys, and JP Morgan. For the class of 2022, IIM Bangalore reported an average CTC of 33.8 LPA and a median CTC of 30 LPA.

IIRF 2023 named Indian Institute of Management Bangalore India’s second-best government B school, and the FT Global MBA Rankings 2023 ranked it 52nd. The College is also ranked first in the Financial Times (FT) Masters in Management (MiM) Ranking 2022, released on September 14, 2022. In the FT Executive Education Custom Ranking 2022, the Indian Institute of Management (IIM) Bangalore is ranked 43rd globally. In addition, according to the Outlook ICARE MBA Rankings 2022, IIM Bangalore is India’s second-best management college, trailing only IIM Ahmedabad.

According to the QS MBA Global Rankings 2022, IIM Bangalore is ranked 50th worldwide for master’s degrees in management.IIM Bangalore is ranked 35th in the FT Global MBA Rankings 2021. Business Today – MDRA has placed IIM Bangalore in third place. Best Business Schools Survey 2021: Learning experience, living experience, placements, and the selection process are all included in the overall category.