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IIM Bangalore: Fees Structure, Placements, Packages, Courses Offered

By BYJU'S Exam Prep

Updated on: September 13th, 2023

Indian Institute of Management Bangalore (IIM Bangalore) is one of the top business schools in India. It admits approximately 1200 students every year across several Post Graduate programmes. IIM Bangalore is recognised as an Institute of National importance under the IIM Act of 2017.

With more than 109 faculty members, 11 disciplinary areas and 10 centres of excellence, IIM Bangalore conduct profound research on various industries’ significant issues. It also has valuable international collaborations. In this article, BYJU’S Exam Prep experts have given a detailed study on the Indian Institute of Management Bangalore (IIM Bangalore), placements, packages, fee structure, cut-offs, courses, eligibility details, scholarships and many more. The candidates who have made this institute on top priority must check these details before applying for admission.

IIM Bangalore MBA College

Indian Institute of Management Bangalore admission requires candidates to qualify for both sectional and overall IIM Bangalore Cut-Off scores for the applicable entrance exams like CAT, GMAT etc. It offers more than 14 types of scholarships to extend financial aid to its meritorious and deserving students. IIM Bangalore runs a student exchange programme with several partner universities across North America, Europe, Asia, Australia, and South America.

Some significant IIM Bangalore Highlights have been given in the table below for your reference.

Specifications

Information

Establishment year

1973

Accreditations

EQUIS

Courses offered by IIM Bangalore

Doctor of Philosophy (PhD), Five-year full-time Programme

Master of Business Administration (MBA), Two-year full-time Programme

Master of Business Administration (Business Analytics), (MBA(BA)), Two-year full-time Programme

Master of Business Administration (MBA), One-year full-time Programme

Master of Business Administration (MBA), Two-year weekend Programme

Post Graduate Programme in Public Policy and Management (PGPPM)

N. S. Ramaswamy Pre-doctoral Fellowship (NSR Pre-doc)

Mahatma Gandhi National Fellowship

Total faculty members

109

Exams Accepted

CAT, GRE, GMAT, GATE

IIM Bangalore Packages (Median)

Rs 28.60 LPA (PGP)

Type of scholarships offered

Merit-based

Scholarships for reserved category students

IIM Bangalore Top recruiters

Amazon, Accenture Strategy, Bain & Company, The Boston Consulting Group, Goldman Sachs

Campus size

100 Acres

Number of departments

11

IIM Bangalore Official website

www.iimb.ac.in

International Rankings of IIM Bangalore

  • Eduniversal 2021: 1 B-School in Central Asia Region for the thirteenth consecutive time.
  • QS Global MBA 2022: 2 In India; 10 in APAC; 33 globally.
  • 2 in India in the UT Dallas Ranking for Research Publications in 2021
  • QS University Rankings by Subject 2021 (Business & Management Studies): 1 in India
  • QS Master’s in Management 2021: 2 in India; 2 in APAC; 53 globally
  • FT Master in Management (MIM) 2021: 3 in India; 47 globally
  • QS EMBA 2021: 1 in India, 9 in APAC and 54 globally
  • FT MBA 2021: 2 in India; 35 globally
  • Among the Top 3 globally in 2020 for the provision of MOOCs
  • India Rankings 2021, Management Category (by Ministry of Education, Gol): 2 in India (National ranking)

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IIM Bangalore Placements

Indian Institute of Management Bangalore average Package for last year was Rs. 28.98 lakh per annum.

Particulars

Placement 2019-21

Placement 2020-22

Number of students

440

To Be Disclosed

Number of offers made

481

480

Number of companies

120

To Be Disclosed

Pre-Placement offers made/accepted

193/160

To Be Disclosed

Lateral placement offers made/accepted

110/98

To Be Disclosed

Overseas offers

8

To Be Disclosed

Average CTC offered

INR 28.98 LPA

To Be Disclosed

Median CTC offered

INR 28.60 LPA

To Be Disclosed

Latest Updates on IIM Bangalore Placements

  • A total of 440 students bagged more than 481 offers in the IIM Bangalore Final Placements.
  • Some top recruiters as per IIM Bangalore Placement Report, were McKinsey and Company, Boston Consulting Group, Kearney, PricewaterhouseCoopers, Tata Consultancy Services, Alvarez and Marsal, Arthur D. Little, IBM Consulting, Auctus Advisors, KPMG, Infosys, Amazon, Accenture, Deloitte, and Goldman Sachs.
  • 120 companies participated in the Indian Institute of Management Bangalore Placement Process.

IIM Bangalore Placements Process

Below, you will find a step-by-step explanation of the Indian Institute of Management Bangalore Placement Process.

  • Pre-Placement Talks (PPTs): PPTs allow students and companies to interact and exchange information. Generally, a PPT is 45 minutes, during which company representatives talk about their organization and the employment opportunities they offer to IIM Bangalore students. The students use this time to assess the organization and opportunities. A question and answer session also form part of the PPT.
  • Applications: Candidates apply to companies based on the company presentation and interest levels. These can be on company application forms or resumes as per company requirements. The applications are forwarded to the company within a specified period of time. The companies are provided sufficient time to evaluate the applications and shortlist candidates.
  • Shortlisting: Companies are required to send the list of shortlisted candidates to the CDS Office at least one week before the commencement of final placement interviews. When the companies visit the campus, they can interview the shortlisted candidates and extend job offers to the selected ones.
  • Interviews and Offer Letters: Companies make job offers after interviewing the candidates may accept or decline offers based on the placement rules. Companies are advised to maintain waitlists in case a student declines an offer. A formal offer letter must be sent to the CDS office within two weeks of the interview date.

The final selection is based on the CAT performance, Scholastic Achievement, Work Experience, performance in the Writing Ability Test, and Interview.

Indian Institute of Management Final Placements: Sector-wise Breakup

Given below is the section-wise breakup of PGP final placements:

Sector

Percentage

Business Analytics

3

Consulting

36

E-Commerce

11

Finance

14

General Management

9

IT / Product Management

17

Operations

1

Sales & Marketing

9

IIM Bangalore Final Placements – Previous Work Experience

Given below is the list of final placements based on previous year experience sector-wise:

Sectors

Percentage

Consulting and Analytics

12

Engineering and Manufacturing

27

Finace

14

IT and ITes

19

Oil and Energy

8

Retail and E-Commerce

2

Technology

5

Others

13

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IIM Bangalore: Top Recruiters for Final Placements

Given below is the list of top recruiters of the Indian Institute of Management Bangalore for the last year

Companies

Offers

Accenture Strategy

41

Amazon

28

Bain & Company

24

Goldman Sachs

22

McKinsey & Company

18

The Boston Consulting Group

13

Microsoft

12

Paytm

11

Kearney

9

Vedanta Limited

9

KPMG

8

RPG Group

8

Navi Technologies

8

American Express

6

Flipkart

6

BrowserStack

6

OLA

6

Tata Consultancy Services

6

Summer Internship Recruiters of IIM Bangalore

Given below is the list of summer internship recruiters for 2020.

Sectors

Percentage

Analytics

1

Consulting

28

E-Commerce

1

Finance

14

General Management

17

IT

1

Operations

5

PE/VC

1

Product Management

13

Sales and Marketing

19

IIM Bangalore Fee Structure

Indian Institute of Management Banglore MBA fees structure involves fees for 2 years. Here is a table that elaborates in detail about the same.

Components

Fee

Fees for 2 years

Rs. 23,00,000

Caution Deposit (General)

Rs. 15,000

Caution Deposit (Hostel)

Rs. 5,000

Some components of the IIM Bangalore Fees include the following.

Tuition, Library, Internet, Case Permission Royalty, Course Material, Hostel Room Rent and Service Charge, Medical Insurance, Personal Accident Insurance and Alumni Activity.

  • Tuition fee
  • Course material
  • Library
  • Internet facility
  • Alumni Activity
  • Hostel Room Rent and Service Charge
  • Medical Insurance
  • Personal Accident Insurance

Note: Caution deposit (one time) to be paid separately at the time of registration.

**The fees indicated above excludes Service Tax and any other tax. Such taxes, if made applicable by law, will be collected from students at the prescribed rates.

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Courses Offered by IIM Bangalore

Note the table below to get a list of courses which are offered by the Indian Institute of Management Bangalore.

Courses Offered

Duration

Fees

Doctor Of Philosophy Ph.D.

Five-year full-time programme

There is no tuition fee for PhD students. Additionally, they will receive a stipend of Rs 35,000 per month for up to five years to cover their living expenses.

Master Of Business Administration (MBA)

Two-year full-time programme

INR 23 LPA

Master Of Business Administration, (Business Analytics) (MBA(BA))

Two-year full-time programme

INR 23 LPA

Master Of Business Administration (MBA)

One-year full-time programme

INR 23 LPA

Master Of Business Administration (MBA)

Two-year weekend programme

INR 20.11LPA

Post Graduate Programme in Public Policy and Management (PGPPM)

Non- Government participants-

INR 12.50 LPA.

Government Participants-

Domestic- Rs. 9,30,468/-

International- Rs. 4,35,024

Indian Institute of Management Bangalore: Course-Wise Eligibility

Here is a table that details Course-Wise IIM Bangalore Eligibility for your reference.

Courses

Eligibility Criteria

Doctor Of Philosophy PhD.

A Master’s Degree (obtained after completing Bachelor’s Degree) or a 5-year Integrated Master’s Degree (obtained after completing higher secondary schooling in 10+2 pattern) in any discipline (OR) Post Graduate Diploma (2 years) with at least 55* percent marks in the bachelor’s as well in the master’s degrees/PG Diploma (*50 percent marks for SC, ST and PwD categories).

(OR)

Professional qualification – CA, ICWA, CS (with at least 50*percent marks) with B.com / Degree (*45 percent marks for SC, ST, and PWD categories).

(OR)

A 4-year / 8 semesters Bachelor’s Degree with at least 6.5 CGPA or equivalent marks (*6.0 CGPA for SC, ST, and PWD categories).

Master Of Business Administration (MBA) Two-year full-time programme

Bachelor’s Degree with aggregate marks of 50% (there is a relaxation to 45% for candidates belonging to the SC/ST/PWD category). The minimum educational qualification requirement is applicable to all candidates.

Master Of Business Administration, (Business Analytics) (MBA(BA))

Bachelor’s Degree with aggregate marks of 50% (there is a relaxation to 45% for candidates belonging to the SC/ST/PWD category). The minimum educational qualification requirement is applicable to all candidates.

Master Of Business Administration (MBA) One-year full-time programme

Graduate in any discipline with a minimum of 50% marks or equivalent CGPA, a valid GMAT/GRE score, and work experience of a minimum of five years after graduation as of March 31, 2022.

Master Of Business Administration (MBA) Two-year weekend programme.

Graduate (minimum 50%) with a minimum of 4 years of work experience after graduation

A valid CAT or valid GMAT or GRE score or IIM-B Entrance Test.

Post Graduate Programme in Public Policy and Management (PGPPM)

Government Participants

Mid-career officers from All India Services, Central and State Civil Services.

Non-Government (Open) Participants

Middle and Senior-level professionals from Civil Society, NGOs, international agencies and multilateral agencies, Public Sector Undertakings, and Executives are working in the CSR units of corporates, consulting services, and infrastructure development sectors.

IIM Bangalore Certificate Courses

Indian Institute of Management Bangalore provides below two certificate courses.

N.S. Ramaswamy Pre-doctoral Fellowship (NSR Pre-doc)- One-year, full-time programme

This programme is available in the following disciplinary areas.

  1. Strategy
  2. Public Policy
  3. Production and Operations Management
  4. Organisational Behaviour and Human Resources Management
  5. Marketing
  6. Information Systems
  7. Finance and Accounting
  8. Entrepreneurship
  9. Economics and Social Sciences
  10. Decision Sciences

Mahatma Gandhi National Fellowship (MGNF)- Two-year full-time programme

It is a two-year full-time certificate course. The Mahatma Gandhi National Fellowship is designed with the Ministry of Skill Development and Entrepreneurship (MSDE) initiative, Government of India. It aims at skill development and provides the opportunity for livelihood to young and dynamic minds irrespective of their social status. This certificate program is offered in Public Policy and Management.

IIM Bangalore Cut Off

Only the candidates who qualify for both sectional and overall cut-offs shall be considered for all subsequent selection stages. The following IIM Bangalore Cut-Off shall be used to create the first shortlist of selected candidates.

The below table displays the minimum CAT Cut Off required for shortlisting.

Minimum Cut-Off for 1st Shortlisting*

Category

QUANT

DILR

VARC

Aggregate

General

75

75

80

85

NC-OBC

65

65

70

75

EWS

65

65

70

75

SC

60

60

65

70

ST

55

55

55

65

PWD

50

50

50

60

Indian Institute of Management Bangalore Admission Process

The IIM Bangalore MBA (2-year full-time programme) Admission Process 2022 has been designed to select the most deserving, meritorious and dynamic individuals for all its courses. IIM Admission Procedure involves significant phases that have been laid down below.

  • Phase 1- Entrance Exam: All aspirants interested in applying for IIM Bangalore Admission are required to sit for CAT/GMAT based on the guidelines with respect to their nationality and other factors.
  • Phase 2- Apply Online: Once the CAT/GMAT scores are out, aspirants are required to apply online for IIM Bangalore Admission as per IIM Bangalore Application Process norms.
  • Phase 3- Shortlisting: Once the candidates are done with the entrance exam, they are selected based on their marks secured in the entrance exam and academic profiles for the next round of selection and relevant work experience.
  • Phase 4- GD/WAT/PI: The shortlisted candidates have to go through Group Discussions (GD), a Writing Ability Test (WAT) and a Personal Interview (PI) as applicable.
  • Phase 5-Final Selection: Once all the above steps are over, the final selection is made on the basis of CAT performance, Scholastic Achievement, Work Experience, performance in the Writing Ability Test, and Interview, and then the final merit list is rolled out.

Note that all stages of the IIM Bangalore Admission Procedure are equally important. Only the candidates who score the best in each round and meet each phase’s cut-off shall finally be selected.

Scholarships Offered by Indian Institute of Management Bangalore

Some IIM Bangalore Scholarships based on need and merit have been listed below.

  • Aditya Birla Scholarship
  • OPJEMS Scholarship
  • Citi Women’s Leader Award
  • Societe Generale Global Solution Centre India Scholarship
  • Siddhartha Padam Award
  • IIMB PGP Alumni First Batch (1976) Scholarship
  • Runwal Education Trust Scholarship
  • Hindustan Unilever/ T Thomas Scholarship
  • Yes Bank Scholarship
  • NTPC Scholarship Scheme
  • Employment in Social Sector Scholarship
  • Ministry of Tribal Affairs Scholarship
  • Ministry of Social Justice and Empowerment Scholarship
  • Ministry of Social Justice and Empowerment Department of Persons with Disabilities Scholarship

IIM Bangalore Hostel & Facilities

The Indian Institute of Management Bangalore campus is set amidst 100 acres of lush greenery on Bangalore’s southern outskirts. The natural surroundings and the all-stone architecture of this revered educational institution gives its students an ideal environment to learn and grow. Its world-class infrastructure serves as the pivot to great work in relation to education, research, consulting, and other professional service programmes. IIM Bangalore Facilities include the following.

  • Library
  • Cafeteria
  • Hostel
  • Sports Complex
  • Labs
  • Gym
  • Hospital/ Medical Facilities
  • Wi-Fi Campus
  • Auditorium
  • Music Room
  • A/C Classrooms
  • Convenience Store
  • Finance Lab
  • Seminar Room
  • Bank and Post office
  • Conference Room
  • Behavioural Sciences Lab
  • 24 hours security surveillance
  • Data Centre and Analytics lab
  • Travel Agency
  • Saloon

IIM Bangalore Hostel

IIM Bangalore has ten hostel blocks. It has one executive block and an executive accommodation at the management development centre (MDC). All students are given well-appointed single rooms in the hostels on campus.

Below are some significant IIM Bangalore Hostel Benefits.

  • Standard amenities include 24-hour internet access, fully automatic washing machines, a music room, and a recreational area.
  • Hostel premises comprises a student-run library, store and music club for the benefit of the residents.
  • Availability of laundry and ironing services
  • Intercom systems in each room that is connected to the Institute’s intercom system.
  • Apart from coin-operated public telephones, the hostel has three STD/ISD PCOs for the convenience of the students.
  • Guest room facilities for visitors.
  • In-house dining and canteen facilities are available for all accommodations.
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