IIM Bangalore MBA: Fees, Admission 2024, Placement, Courses

IIM Bangalore MBA is a two-year full-time residential course. The course is offered as a PGP or Post-Graduate program that leads to an MBA degree. The course duration is 6 semesters spread over two years and has an internship program intermediary the course. The institute offers an MBA in 18 specializations, such as Financial Accounting, Corporate Finance, Business, Government and Society, Managerial Communication-I, and Macroeconomics, with major and minor electives.

Admission to the IIM Bangalore MBA program is possible with a valid CAT exam score. For international students, the institute considers GMAT scores. CAT and GMAT are conducted once a year. 

 Table of Contents

• IIM Bangalore MBA Eligibility Criteria
• IIM Bangalore MBA Fees
• IIM Bangalore MBA Admission
• Why Choose IIM Bangalore MBA?
• IIM Bangalore MBA Ranking
• IIM Bangalore MBA Placements
• IIM Bangalore MBA Career Opportunities
• IIM Bangalore MBA Scholarships

IIM Bangalore MBA Eligibility Criteria

The IIM Bangalore MBA eligibility criteria include 50% overall in graduation (45% for SC/ST students). Candidates awaiting results in the final year of their undergraduate degree may also apply. However, if chosen, the admission will only be conditional until they submit a pre-final certificate approved by the relevant individuals at their prior institute or university, at the latest by June 30 of the admission year.

IIM Bangalore MBA Fees 

IIM Bangalore MBA fees remain the same for different electives. The total fees have recently been updated. The total fee for an MBA is INR 26 Lakhs. It does not include a caution deposit of INR 15,000. The hostel deposit is INR 5000. 

Below are the changes in the Indian Institute of Management Bangalore fees for the MBA/PGP course over the last few years.

IIM Bangalore MBA Admission 

IIM Bangalore MBA admission is through CAT, conducted by the Indian Institutes of Management (IIMs) in November of each year at various locations throughout India. The CAT to IIM process includes a shortlist of candidates created based on merit scores. Students would then appear for group discussion and written ability tests. After that, students would then appear for personal interviews. Then the final merit list of students is prepared for admission. 

Application Procedure 

The IIM Bangalore MBA application procedure is given. Students must follow these steps.

• Submission of application with one of the following tests: CAT or GMAT exam.
• Indian citizens and foreigners authorized to take the CAT are considered domestic candidates.
• Candidates who make the shortlist take a written exam, go through a personal interview, and supply two letters of recommendation from people familiar with their academic and professional achievements.
• Performance on the CAT exam, academic achievement, work experience, performance on the writing ability test, and interview performance all factor into the final decision for admission.

Application Procedure for Foreign Applicants

The IIM Bangalore MBA application procedure for students of foreign nationalities is given. Students must follow these steps.

• Direct applications are used to admit international applicants.
• Indian citizens or foreigners with valid passports or travel documents who reside outside of India and cannot take the Common Admission Test (CAT) administered by the Indian Institutes of Management at various centres throughout India are considered international candidates.
• These applicants must have a current Graduate Management Aptitude Test (GMAT) score and have the Indian Institute of Management Bangalore receive an official performance report (IIMB).
• Success on the GMAT, academic achievement, work experience, performance on the writing ability test, and interview are all factors towards the final decision.

Entrance Exam

The Common Admission Test (CAT), administered by the Indian Institutes of Management (IIMs) in November of each year at various locations throughout India, is the basis for domestic admissions. GMAT is used for foreign candidates.

Documents Required

The following documents are required for application for IIM Bangalore MBA.

• Marksheet of 10th and 12th
• Passing certificates of 10th and 12th
• Marksheet and Passing certificate for graduation
• Photo ID proof
• Passport size photo
• CAT/GMAT results
• Work experience letter
• Past academic grade cards

Why Choose IIM Bangalore MBA?

The MBA course is among the most esteemed programmes offered by the Indian Institute of Management Bangalore. IIM Bangalore MBA has developed and prepared talented young people for leadership roles in business, industry, and government for over 40 years. Completing post-graduation in any subject is helpful for candidates in terms of better job opportunities and knowledge. The highest salary offered to students post-MBA is close to INR 26 LPA. 

• IIM Bangalore MBA program is based on the idea that company leaders are carefully nurtured and developed rather than mass-produced.
• The IIMB is committed to developing leaders via comprehensive, transformative, and innovative education.
• The IIMB has multi-disciplinary Centers of Excellence that concentrate on various topics, including supply chain management, corporate governance, and capital markets.
• For its students, the Institute promotes and enables exposure abroad. 

IIM Bangalore MBA Ranking

Since 2010, the Indian Institute of Management Bangalore (IIMB) has been recognised globally by the EFMD Quality Improvement System (EQUIS). EQUIS reaccredited IIM Bangalore MBA in December 2021 for an additional five years. The IIM Bangalore MBA ranking 2023 is given below:

Read More: IIM Bangalore Ranking

IIM Bangalore MBA Placements

Postgraduates of IIM Bangalore MBA excel in various areas of business specialisations for different companies. For IIM Bangalore MBA and PGPBA 2021-23 batch, 512 students appeared for placement activities. 164 companies made six hundred six offers. More details are given below:

Read More: IIM Bangalore Placements

IIM Bangalore MBA Career Opportunities

After completing their postgraduate programs, students are offered various jobs from some of the biggest companies in the country and the world. Based on those offers, the IIM Bangalore MBA career opportunities are given here:

• Business Analyst- Analysis the business growth and its requirements.
• General Manager- Manages day to day activities of the company.
• Finance Manager- Manages financial aspect of the company activities.
• Corporate Controllers- Oversees accounting and financial activities of the company.
• Accounting Manager- Takes care of daily operations of accounting department.
• Credit Manager- Calculates credit rating of client and forms a better plan based on them. 

IIM Bangalore MBA Scholarships

MBA students receive many merit-based or merit-cumulatively-based scholarships and financial aid, given to those in need. Students that require scholarships can receive them through the IIMB MBA course. IIM Bangalore MBA scholarship seeks to prevent any student from being denied an education due to financial constraints. The specifics are as follows.

• Aditya Birla Scholarships
• OPJEMS Scholarship
• Citi Women’s Leader Award