IIM Bangalore is the second-best NIRF rated bschool in the country and is regarded as the best management college in central Asia. IIM Bangalore offers MBA as its flagship program along with various other degree courses in management such as one year Executive MBA program, two-year weekend MBA program or PGPEM, PGP in Public Policy Management, MBA Business Analytics and PhD. The college has already released MBA Admission Policy 2022, and as earlier, MBA admissions will be conducted in 2 phases. Initially, IIM Bangalore releases a list of shortlisted candidates as per the eligibility and CAT 2021 score. Shortlisted candidates are then invited to register for WAT & Personal Interview. IIM Bangalore PI Process is ongoing now. Check IIM Bangalore Admission   

The premium school offers a great learning experience along with a decent ROI. The fee for the MBA program at IIM Bangalore is INR 23 Lakhs. During the 2022 placement drive, PGP & PGPBA batches achieved 100% placements. 513 students were placed & they received 662 placement offers. Also Check: Can a person with 98 percentile get a call from IIM Bangalore?

IIM Bangalore has 8 centres of excellence that aims to emerge as a catalyst in facilitating ideas, research and investment for startups. IIM Bangalore’s NSRCEL- incubation arm of IIM Bangalore has also signed an MoU with Indian Bank to facilitate startup funding and provide debt capital for early-stage companies. Apart from this, NSCREL has also inked MoU with the Automotive Research Association of India to provide shared services for nurturing technology-based ventures/ startups. On December 10, and 11, 2021 NSRCEL hosted an event of women entrepreneurs having 3000 attendees and 20 reputed speakers from the business world. The event facilitated businesswomen from all walks of life to come and celebrated their life. 
Check IIM Bangalore Course & Fee Structure

IIM Bangalore Key Facts

  • Accreditations: IIM Bangalore is accredited by the EFMD Quality Improvement System (EQUIS). IIMB is the only Indian Management B-school in the Global Network for Advanced Management, a Yale-initiated network of 32 top-notch global B-schools.
  • Admission Policy 2022: IIM Bangalore will award 40% weightage to CAT 2021 score and 60% weight to academics to prepare the first shortlist. The CAT score will have less weightage in shortlisting as well as in final selection process while Non-engineers and candidates with work experience stand a good chance to get admission in IIMB. Check IIM Bangalore MBA Admission Policy 2022
  • Faculty: IIM Bangalore has 109 full-time faculty members having an average work experience of 10-20 years in the field of research and industry. Check IIM Bangalore Faculty
  • Scholarship: IIM Bangalore provides need basis scholarships up to 5 lakhs to meritorious students. Check IIM Bangalore Scholarship
  • Fees Vs ROI: IIM Bangalore has a 100% placement record and an Average CTC of IN 26.18 LPA is quite promising in terms of high ROI against the total fee of 23 Lakhs. Check IIM Bangalore Placements
  • Incubation Program & Startups: The innovation and entrepreneurship hub of IIM Bangalore, NSRCEL, and Buddha Fellowship Programme (BFP) have collaborated to offer a joint rural entrepreneurship incubation program. Recently, during the Fintech Festival of NSRCEL, IIM Bangalore had selected about 10 Fintech Startups among 240, which have raised a funding of 25 Crores.
  • Architecture: According to The New York Times Style Magazine, the campus of IIM Bangalore has been recognized as the 17th spot among 'The 25 Most Significant Works of Post War Architecture '.
  • Placements 2022: During the 2022 placement drive, 513 students participated & the batch achieved 100% placement percentage. Students received 662 offers this year. 

The best thing about MBA course is that a student from any field, be it science, commerce or arts, can pursue this 2 year master's degree course.

IIM Bangalore Highlights

IIM Bangalore Ranking

In terms of rankings, IIM Bangalore ranks in the top 30 for not just MBA but also for its overall performance and satisfaction. IIM Bangalore has been rated 9.2/10 as per Collegedunia reviews which is a good rating. IIM Bangalore has been ranked by other agencies as well, details of which are tabulated below: 

Ranking System Rank
BT MDRA Best Business School 2021 3
QS World Top University Ranking 2022 50
NIRF 2021 2 out of 100
Outlook ICARE 2021 2 out of 100
QS Global EMBA Ranking 2022 36 out of 100
QS Global MBA 2022 33 out of 150
Financial Times Global MBA Ranking 2021 35 out of 100
Economic Times B-school Ranking 2021 3 out of 50
Business Today 2021 3

Also Check: IIM Bangalore Ranking 

IIM Bangalore Admission Process

IIM Bangalore offers a 2-year MBA as its flagship program and for 2022 admissions, IIM Bangalore will award 40% weightage to CAT score and 60 percent weightage to the candidate’s profile. Ie, 50% Academics, 8% Work Experience and 2% Gender Diversity.

Check: What is the CAT cutoff to join IIM B?

IIM Bangalore Cutoff 2022

The overall CAT Cutoff dropped to 85 in comparison to 90 in the previous years. 

Category VARC DILR QUANT CAT 2021 Overall percentile
General 80 75 75 85
NC-OBC 70 65 65 75
EWS 70 65 65 75
SC 65 60 60 70
ST 55 55 55 65
PWD 50 50 50 60

For more details read: IIM Bangalore Cutoff

All the shortlisted candidates will be called for WAT and PI interviews. WAT at IIM Bangalore will be of 30 minutes duration. heck 

The candidate must have scored a minimum sectional percentile of 80% in the Verbal and Reading Comprehension (VARC) section and 75 percentile in ‘Quantitative Aptitude (QA)’, Data Interpretation & Logical Reasoning (DILR) in CAT 2021. 

For Final selection, IIM Bangalore will consider CAT Cutoff (40%), Class 10 Marks (20%), Class 12 Marks (10%), Bachelor’s Degree (20%), Gender Diversity (2%), Work Experience (8%). Check 

How much work experience is required to get an interview call from IIM Bangalore?

Apart from MBA, IIM Bangalore most sought after program also include an Executive MBA and MBA in Business Analytics. The college mandates a minimum work experience of 5 years for Executive MBA admission. Final Executive MBA Admission is granted as per GMAT and GRE Score. Also Check How much are IIM Bangalore Executive Education Programs are valued in the job market?

The MBA in Business Analytics is also a 2 year-long program and the admission process is a 2 stage process. In the first stage, the college will release a shortlist as per CAT 2021 Score (50% weightage), Class 10 Score (10% weightage), Class 12 Score (15% weightage), Bachelor Degree Score (15%), Gender Diversity (5%), Work Experience (5%). 

For final MBA Analytics, selected candidates need to appear for WAT and Personal Interview. Check: IIM WAT Important Topics 

IIM Bangalore Courses

IIMB offers a total of 06 programs including Certificate programs. Duration and Fees of which are tabulated below.

Courses Course Details Fees
MBA

Duration: 2 years
Eligibility: Bachelor's degree with a minimum aggregate of 50% aggregate (for candidates belonging to SC/ST/PwD category, there is a relaxation to 45%)
Selection Criteria: CAT / GMAT (international candidates) + WAT / PI

INR 23 Lakhs
 Executive MBA

Duration: 1 year + 5 years Work Experience
Eligibility: Graduation with a minimum aggregate of 50% aggregate (there is a 5% relaxation for SC, ST and PwD category candidates) +  5 years (and preferably less than 12 years) of work experience
Selection Criteria: GMAT or GRE 

INR 29 Lakhs
PGP in Enterprise Management (PGPEM)

Duration: 2 years (Weekend) 
Eligibility: Bachelor's degree with a minimum aggregate of 50% in any discipline Or Minimum 4 years of work experience after the Bachelor’s degree.
Selection Criteria: CAT / GMAT / GRE / IIMB Test

INR 19 Lakhs
PGP in Business Analytics (PGPBA) Duration: 2 years (Full time)
Eligibility: Graduation with a minimum aggregate of 50%
​Selection Criteria: CAT / GMAT (international candidates) + WAT / PI
INR 23 Lakhs
PGP in Public Policy & Management (PGPPM) Duration: 1 year (Full time)
Eligibility: Graduation with a minimum aggregate of 50%  + 5-years of work experience
​Selection Criteria: CAT / GMAT / GRE / IIMB Test + PI + Case Analysis
Non Sponsored: INR 20.5 Lakhs
Sponsored: 14 Lakhs                      
PhD Duration: 5 years
Eligibility: A master's degree or a 5-year integrated master’s degree with at least 55% aggregate in bachelor’s as well in the master’s OR A professional qualification like CA, ICWA, CS with at least 50% aggregate OR A 4-year bachelor's degree with at least 6.5 CGPA or equivalent aggregate.
​Selection Criteria: GMAT / GRE / CAT / GATE / JRF or IIMB Test
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Check: IIM Bangalore Courses and Fees

IIM Bangalore Admission Stories

Name CAT Percentile Work Experience Graduation score Link
Sanchit Sachdeva 99 ZS, 4 90 Read More
Rakesh Rangdal 99.21 Intel, 2 years, analog engineer 8.26 Read More
Bharghvi Prajapati 99 JP Morgan Chase & Co. 2 Years, Technology Analyst 94.7 Read More

IIM Bangalore Placements 2022

IIM Bangalore completed the placement drive for its PGP & PGPBA 2020-22 batches. Students achieved 100% placements. Reputed recruiters like Microsoft, Oracle, OYO, Amagi Labs, Google, Atlassian etc visited the campus. The major highlights of the placement drive are mentioned below:

  • 513 students participated.
  • The placement percentage stood at 100%.
  • Students received 662 offers.
  • Number of offers increased by 37% compared to the last year.
  • Accenture emerged as the largest recruiter which made 51 offers.
  • Boston Consulting Group, which was the second largest recruiter, offered 30 offers.
  • Consulting companies offered 248 jobs.
  • 141 offers came from the IT & Product Management domains.
  • Goldman Sachs offered the highest number of offers in the Finance sector.
  • The Finance sector played a dominating role as the highest percentage of offers came from this sector.

IIM Bangalore Placement Highlights

 For information, check: IIM Bangalore Placements

IIM Bangalore Summer Internship Placements 2021-23

IIM Bangalore is conducting its summer internship placements for PGP and PGP-BA batch of 2023 and 542 internship offers were offered to 513 students.

Particulars Internship Statistics 2021-23
No. of Eligible Students 513
Number of Offers 542
Mode of Placements Online
Top Sector Consulting Sector

IIM Bangalore Scholarship

There are a number of scholarships awarded to the students of Indian Institute of Management, Bangalore upon fulfilling a basic criteria. The various types of scholarships offered are:

Privately Offered Scholarships:

  • Aditya Birla Scholarship: The scholarship is offered to the students in 1st as well as 2nd year. It's a merit-based scholarship of PGP students and the amount is INR 1.75 Lakh per student.
  • OPJEMS Scholarship: This merit-based scholarship is given to PGP students of the second year. The first ten toppers of 2nd year based on the academic performance in the first year are eligible to apply on the basis of online test conducted by OP Jindal Group one student of each academic year will be awarded. The scholarship amount is INR 1.50 lakh
  • Siddhartha Padam Award: This scholarship is awarded to a PGP student who is on the Director’s Merit List and gets the highest CGPA in the Economics, Finance & Accounting core courses in the first year. It carries a cash prize of INR 50,000, a medallion and a certificate.
  • Hindustan Unilever / T Thomas Scholarship: This merit-cum-means scholarship is given by HUL to one PGP second-year student. The scholarship of INR 1 lakh
  • Yes Bank Scholarship: This scholarship of INR 2 lakhs is open to students who are among the top 20 students as per the admission criteria, belong to the top 20% of the batch based on the current CGPA and are members of at least one student committee. Read More IIM Bangalore Scholarships

IIMB Alumni Scholarships:

  • IIMB PGP Alumni First Batch (1976) Scholarship: This scholarship is given to a differently-abled woman student from PGP. The scholarship aims to assist a differently-abled female student (or male student, if there is no eligible female student). The scholarship carries a purse of INR 75000, a medallion and a certificate.
  • Runwal Education Trust Scholarship: This scholarship is given to a PGP student based on a combination of academic performance in the 1st year and the student’s financial need. The scholarship carries a purse of INR 100000, a medallion and a certificate.

Government Funded Scholarships:

  • NTPC Scholarship Scheme: The scholarship amounts to INR 48,000 per year. Students who belong to SC/ST/PwD categories and are in their second year of management studies, having passed the first-year examination in one attempt, are eligible for the scholarship.
  • Ministry of Tribal Affairs Scholarship (ST): The Ministry of Tribal Affairs, Government of India invites applications for the National Scholarship for Higher Education for Scheduled Tribe students of PGP first year. This is a means scholarship that covers tuition expenses in full.
  • Ministry of Social Justice and Empowerment Scholarship (SC): The Ministry of Social Justice and Empowerment Government of India invites applications for the National Scholarship for Higher Education for Scheduled Caste students from Meritorious SC students PGP first year. This is a means scholarship that covers tuition expenses in full.
  • Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD): A person with a disability having not less than 40% disability and having a disability certificate issued by any competent medical authority. This is a means scholarship is 2,55,000 per year.

IIM Bangalore Alumni & Startups

IIM Bangalore has a wide network of alumni and till date more than 20,000 people have graduated from IIM Bangalore. Some of the notable Alumni of IIM Bangalore are as follows:

  1. Aswath Damodaran: Kerschner Family Chairperson in Finance Education & Professor of Finance in Stern School of Business, NYU.
  2. Gopal Krishna Nayak: Former Director IIT Bhubneshwar
  3. Karan Bajaj: American Author
  4. Damodar Mall: CEO, Reliance Retail
  5. Apurva Purohit: President , Jagran Prakahan Limited
  6. K Radhakrishan: Former Chairman, ISRO
  7. Hasmukh Adhia: IAS, Revenue Secretary of India
    Also Check What are some famous startups started by IIM Bangalore alumni?

IIM Bangalore Alumni Startups

  1. Bigbasket
  2. Ixigo
  3. Kredivo
  4. Delhivery
  5. Caratlane
  6. Urban Ladder
  7. Suprdaily
  8. WhiteHat Jr
  9. Lendingkart
  10. Treebo Hotels

Also Check IIM Bangalore Reviews on Collegedunia.com

IIM Bangalore Exchange Programmes

IIM Bangalore emphasis on cross-cultural exposure of its students and faculty as well and to facilitate the same, the top school has developed an extensive International Students Exchange Network. Every year, nearly 40% i.e over 100 students of IIM Bangalore’s MBA batch get to spend time and learn at the partner institution. 

IIM Bangalore runs an international exchange program with more than 80 schools in North America, UK, Latin America, Europe, Africa, Asia, Australia.

FAQs

Ques. What is the total number of students which were offered final admission at IIM Bangalore?

Ans. Last year, a total of 300 students were finally shortlisted for IIM Bangalore MBA admissions under the general category. Apart from that, nearly 200, 130 and 100 candidates were selected by the institute for its final admission shortlist under OBC, SC and ST category respectively.

Ques. How does IIM Bangalore determine the CAT cutoff for its admission shortlisting?

Ans. Certain factors such as previous cutoffs, the difficulty level of CAT, Number of candidates appearing in the exam etc are considered while calculating the IIM Bangalore cutoff.

Ques. Who should do the IIM Bangalore Doctoral Program?

Ans. Students or professionals who want to pursue a career in advanced research and academics (including teaching) are the ideal candidates for the Doctoral Program at IIM Ahmedabad. The applicant should have high scholastic ability, aptitude for research and excellent analytical skills. He/She should have enough motivation to withstand the rigour of the Program.

Ques. Can I get direct entry into IIM Bangalore?

Ans. Students can take admission in these institutes including IIM Ahmedabad, IIM Bangalore, Kolkata, Indore, Kozhikode, Lucknow among other institutes based on the CAT score. There is no provision of directly getting into IIM bangalore.

Ques. How can I get a free seat in IIM Bangalore?

Ans. Most of the IIMs have some scholarship programs where they waive off some fees for economically weak students. If you meet those criteria you would certainly get the scholarship. There are also many merit based scholarships from state and central government and some private organizations. Check: IIM Bangalore Scholarship

Ques. How is the PGPEM different from the PGP at IIM Bangalore?

Ans. The IIM Bangalore PGPEM Course is focused on mid-career and senior executives. PGP Course has a focus on professionals at the entry levels. While some participants have work experience, a majority of the participants are freshers. 

Ques. Is it compulsory for MBA students to stay in a hostel at IIM Bangalore?

Ans. Yes, you have to reside at the hostel once you get enrolled for the course at IIM Bangalore. It is mandatory for first-year students to stay in the campus hostel. However, you can choose to shift to off-campus accommodation in the second year. Check: IIM Bangalore Hostel facilities

Ques. What are the selection criteria for International Candidates at IIM Bangalore?

Ans. IIM Bangalore MBA International Admission is conducted via GMAT score. Interested candidates can submit a direct application. The final selection is based on following components performance:

  1. GMAT score
  2. Scholastic Achievement
  3. Work Experience
  4. Writing Ability Test Performance 
  5. Interview

Ques. What are the scholarships available at IIM Bangalore?

Ans. The scholarships available for IIM Bangalore Students are:

  1. Aditya Birla Scholarship: Top 25% students of first year are awarded with INR 1.75 Lakhs Per student.
  2. OPJEMS Scholarship: 2nd Year PGP students and 10 toppers of the class eligible for this scholarship. It awards INR 1.50 Lakhs. OP Jindal Group conducts online tests and selects one student in each academic year.
  3. Financial Aid: IIM Bangalore offers Financial Aids to PGP Stdunest with Family Income below INR 8 LPA. The Aid offers financial need scores providing 100%, 80%, 60%, 40% or 20% financial aid. Check IIM Bangalore Scholarship

Ques. What is the status of summer internships at IIM Bangalore?

Ans. The key statistics for 2021 summer internship placements for MBA students are as follows:

IIM Bangalore is conducting its summer internship placements for PGP and PGP-BA batch of 2023 and 542 intersnhip offers were offered to 513 students.

Particulars Internship Statistics 2021-23
No. of Eligible Students 513
Number of Offers 542
Mode of Placements Online
Top Sector Consulting Sector
For more details, check: IIM Bangalore Placements

Ques. Which is better at IIM Bangalore weekend or full-time MBA?

Ans. Both the courses offered at IIM Bangalore have their plus points. 

Full time MBA:

  • Applicants ideal are fresh graduates with bare minimum work experience.
  • Placement opportunities are available in abundance.
  • 2 years is the course duration.

Weekend MBA: 

  • Would not require candidates to quit their jobs.
  • Classes can be attended as per convenience.
  • Not very good job prospects.

For more details check here.