All three institutes you mentioned - TAPMI, SIBM-B, and IIM B are highly reputed for their MBA/PGDM programs in Bangalore. TAPMI and IIM-B are legacy institutions as they were established in 1980 and 1973 respectively while SIBM-B was established in 2008.
Seems like you are looking for Bangalore colleges only, so I assume you have some constraints regarding shifting to any other city than Bangalore. But if not then you can try and go for some other B-schools in the country. It depends on if you have got calls from all three, in that case go for IIM-B, as it is among the top two or three B-schools in India.
For further assistance below is a table comparing the three colleges on different aspects;
Parameters |
TAPMI |
SIBM-B |
IIM Bangalore |
Location |
Manipal, Karnataka |
Bengaluru, Karnataka |
Bengaluru, Karnataka |
Ranking |
NIRF #38 out of 125 in India 2022 |
India Today #49 out of 281 in India 2022 |
#2 out of 125 in India 2022 |
Course Offerings |
PGDM, PGDM-Healthcare, PGDM-BKFS, MSc (Applied Finance) |
MBA, MBA (Innovation and Entrepreneurship) |
PGP, PGPEM, PGPPM, EPGP, EFPM |
Batch Size |
Around 500 |
Around 180 |
Around 1,200 |
Selection Criteria |
CAT/XAT/GMAT scores, GD/PI, Work Experience |
SNAP scores, GD/PI, Written Ability Test, Work Experience |
CAT scores, WAT, GD/PI, Work Experience |
Fees |
INR 16 Lakhs |
INR 19.30 LPA |
INR 24.5 Lakhs |
Highest Salary |
INR 22.3 LPA |
INR 21 LPA |
INR 80 LPA (Domestic) |
Average Salary Offered |
INR 15.7 LPA |
INR 13.48 LPA |
33.82 LPA |
Notable Alumni |
Sushil J. Shah, Priyanka Neogi, Atul Mohan |
Varun Duggirala, Kshitij Jain, Aditi Avasthi |
K. Radhakrishnan, Malavika Harita |
It is subjective as it all depends on your goals and preferences and also the cutoffs, but if you have got enough cutoffs and got a call from IIM-B then go for it without a doubt.
FORE PGDM in International Business is one of the greatest alternatives available in terms of the careers it can lead to, the profiles it can offer, the placements it can secure, and the international experience it can provide. The International Immersion Programme (IIP) at FORE School is provided to students at no additional cost.
Parameter |
FORE-IB |
Fees |
INR 17,00,000 |
Average Package |
INR14,50,000 |
Highest Package |
INR 23,00,000 |
Eligibility |
Graduation with 50%+ CAT/XAT |
Cut Off Percentile |
85 |
No, TAPMI doesn’t discriminate against its students on the basis of whether they have any work experience or not. But if a company visits the college with a specific requirement, the CV Shortlisting is done accordingly and there are companies that don’t want candidates with more than 3 years of work experience.
The Application process starts from November first week and goes till January last week, meanwhile, you have to appear for one of the exams from CAT/XAT/NMAC.
For the shortlisted candidates out of these exams, TAPMI conducts a GD followed by a personal interview. The GD takes place in the month of February based on your slot you will be provided with the dates after the GD they conduct PIs starting in the month of March. TAPMI declare their results at the end of March. TAPMI classes start in the last week of June.
For Indian students or aspirants, TAPMI accepts CAT and GMAT. But for NRI and PIO candidates, evaluation is done on the basis of CAT / GMAT / NMAT / SNAP / ATMA / CMAT / MAT scores.
TAPMI also accepts other management entrance exams such as Xavier Aptitude Test (XAT). TAPMI may also require IELTS from foreign nationals. In addition to the entrance exam, TAPMI also considers past academic performance, work experience, and performance in the Group Discussion and Personal Interview rounds for admission to its management programs.
TAPMI is better than NIRMA. TAPMI has been ranked ahead of NIRMA by the ranking institutions but in the past few years, the average placement package offered and the overall placement of Nirma have increased.
Particulars |
TAPMI Manipal |
NIRMA |
Highest Package |
INR 22.3 LPA |
INR 30 LPA |
Rank (NIRF) |
38 |
45 |
Average Package |
INR 15.7 LPA |
INR 12.2 LPA |
Fees |
INR 15.50 LPA |
INR 16.3 LPA |
So, make a choice based on your locational or other personal preference.
Firstly, you need to know that TAPMI is not a B school in the industry, and students usually opt for it as their last option. It is mainly due to the recruiting companies who come for placements.
However, TAPMI is the first MBA college in India to get an AACSB accreditation, and recently they've also acquired the AMBA accreditation- which works as a brand name for employers when recruiting candidates. The Institute is also working to get the triple crown and Equis accreditation as well. This will greatly enhance its reputation, placing it with the international elite club which will bring in foreign exchange programs and placements abroad.
TAPMI also has an expansive alumni base employed in top-notch organizations at top positions. The institute is constantly working towards its enhancement and growth in academics, extracurricular activities, placements, industrial training, infrastructure, etc.
Lastly, they have significantly reduced the intake of students. Now they are planning to reduce it even more to enhance the quality of education provided.
TAPMI has an admission process like any other Indian B-school. You have a have to graduation degree with atleast 50% to be eligible for the admission process. TAPMI considers CAT, XAT, and NMAT and they release the individual cutoffs in the month of month of January.
The final selection of the candidates is based on the following:
Category |
%Weightage |
Score in Entrance Test (CAT, XAT, GMAT, NMAT) |
35 |
Score for academic performance ( in X, XII, Graduation degree) |
15 |
Group Discussion /Personal Interview |
45 |
Weightage for Gender Diversity & Extra-curricular Activities |
05 |
Total |
100 |
Since you have work experience an executive MBA program would better suit your career goals. Hence, you should go with the Great Lakes PGPM program. The placement figures are also better for the PGPM program at Great Lakes compared to TAPMI’s regular MBA program and the duration of the program is also lesser (1 year).
TAPMI is the best among the aforesaid colleges for marketing. It is one of the AACSB-accredited colleges in India. It offered the highest CTC of 18 LPA which is a 20% rise with respect to the previous year which was 15 LPA. The average CTC has also jumped by 10% to 11.6 LPA.
An overall of 12.5% growth in CTC has been observed as compared to last year. The key job roles that were offered were Business Development Manager, Sales Trainee, Core research services, sales manager-mortgages, territory sales manager, consultant etc. in companies like ICICI Bank, BORN, Oracle, Accenture, HDFC Bank, PlanetSpark, Titan, EY, Morris Garages, etc.