Both the institutes belong to Symbiosis International University, are famous for placements and other facilities provided. Candidates must qualify for the entrance exam and the following interview and GD for admission. SIBM Banglore and SIIB Pune have an entrance called SNAP.
Admission: Similar admission procedures are there at both institutes. Admissions are based on strict eligibility criteria. Candidates should pass graduation with 50% marks. Final year graduation students can also apply. Qualification in SNAP is compulsory. SIIB Pune IB seat intake is 120.
Placements:
SIIB Pune: When focusing on the placement details, SIIB has 100% placements in the 2018-20 batch. Major recruiters from different industries like American Express, Nestle, Marico, Crisil, Danfoss, Bisleri, Nielsen, etc visit the campus for placements.
SIBM Bangalore: It also has high placement rates. Regular recruiters include AB InBev, Accenture, Bisleri, Britannia, Dell Technologies, TATA motors, ITC, etc.
The institute offers interactive sessions with leaders of top companies throughout the year.
Both the institutes offer scholarship schemes to support their students. The scholarships are based on merit. A fee waiver of 50% is available for the students.
Business World ranks the college in 48th position out of 159 Top Private Colleges in India (2019). JoshMBA ranks it in the 20th position nationally for the MBA course.
Master of Business Administration (MBA):
Admission:
The MBA two year degree in Symbiosis Bangalore offers several programs and specializations. The total intake of the full-time course is 180 students. The following courses can be pursued through the MBA degree.
MBA in Quantitative Finance
MBA in Business Analytics
MBA in Family Managed Business & Entrepreneurship
MBA (Part-time)
Students have access to cases from Harvard and Bloomberg Terminal with regular industry visits for practical knowledge. Online Teaching platforms are also accessible to students. The tuition fee of the MBA program is ?16.2 Lakhs.
Facilities:
There are 17 teaching faculties with 10 Assistant professors, 2 Directors, 4 Adjunct faculties, and one professor.
Additionally, there is 15 technical staff as well.
The department also collaborates regularly with TedX.
All the classrooms, conference rooms, and seminar halls are equipped with Wi-Fi.
The campus library has over 12,057 Books and CDs, Periodicals, Journals, Magazines, and online databases.
Placements:
Accenture, Dell, Deloitte, ITC Limited, Maruti Suzuki, Puma, Bajaj Allianz, Bisleri, Britannia, Google, H&M, IBM, JIO Studios, etc are some of the major recruiters of MBA graduates of Symbiosis, Bangalore.
In the year 2019, 199 students were eligible for placements out of which the male-female ratio was 115-84.
The highest salary package was INR 28.26 LPA while the average salary package was around INR 9.79 LPA.
The highest international stipend was INR 20,44,197 (AED 102,000).
Summer Internships from companies like Big Basket, Deloitte, Capgemini Morgan Stanley, and Reserve Bank of India were available for students.
The highest stipend was INR 1.62 lakhs and the average was around INR 47,000.
There are 12 student clubs on campus and some of them are Opsession – The Operations Club, PRISyM – The Marketing Club, FINERGY – The Finance Club, Ensemble – The HR club, GEOCON- The Geopolitical and Economics club.
An MBA is a professional degree is a huge proposition in a market-driven economy. Job profiles like Business Operations, Corporate Banking, Investment Management, etc can be pursued. Graduates can also start their own company or manage a family-owned business. The MBA course at this University is superior and well-known internationally. Students can pursue the course keeping in mind the placement statistics and department-specific information.
The MBA program in HR delivered by SIBM Bangalore is quite good and has a decent placement record. Established in 2008, SIBM Bangalore is a constituent institute of Symbiosis International University. The institute is approved by AICTE and was ranked 23rd in TOI’s entire India B-School ranking. The MBA in HR is one of the flagship programs of the institute.
Admission Process: For admission, students are shortlisted based on their SNAP scores. The institute conducts group exercise, written ability test, and personal interview for selection to the program. The total course fee is 16.2 lakhs.
Course Structure: The course structure for HR specialization is well-versed with the traditional HR- model. There is an HR student club in the institute. Also, the Institute ensures that the students get industrial exposure by organizing various guest lectures, industrial visits, live projects, corporate competitions, seminars all-round the year.
Placements: According to the placement statistics of 2020, the students of HR specialization were offered roles ranging from Consultancy and Change Management along with core roles of Recruitment and Selection from big corporate names such as Azim Premji Foundation, Deloitte, ITC Hostels, Wildcraft, etc. Students were offered job roles like Talent Acquisition, Training, and Management, Organisational Transformation. The average CTC offered was 9.79 LPA. The highest domestic CTC at offer was 26.8 LPA while the highest international CTC was 70 LPA.
Yes, the MBA program at Symbiosis Institute of Business Management SIBM Bangalore is a residential program. The course duration is 2 years. It is one of the top private B-schools in India.
The table below gives a brief overview of the hostel fees.
Fees for both male and female (subject to a type of accommodation, e.g. twin sharing, triple sharing, etc.) |
1st year |
2nd year |
Total |
Mess |
?64,500 |
?64,500 |
?1,29,000 |
Hostel |
?1,06,200 |
?1,06,200 |
?2,12,400 |
Key highlights:
Being in the hostel, students get the advantage to interact with their seniors in need, access the library anytime, efficient learning throughout the day, and a lot more. There are separate hostels for boys and girls, with an excellent infrastructure having ventilated rooms and a lot of free areas.
Symbiosis Institute Of International Business, Pune (#43 for MBA by INDIATODAY), and Symbiosis Institute Of Business Management, Bangalore (#23, TOI’s entire India B-School ranking) both are highly acclaimed institutes for management studies in India. But only SIBM Bangalore offers a separate Finance MBA program (Quantitative Finance). If you want to pursue a career in Finance then you should opt for SIBM Bangalore as the institute offers a core Finance course.
Course Structure: The coursework for Quantitative Finance at SIBM Bangalore includes case studies and simulations which helps the students grasp the topics covered via real-time analysis. The presence of Bloomberg Terminals is an added advantage as it can get real-time data for analysis. The course fee for MBA in Quantitative Finance is 14.8 lakhs.
Placements: According to the placement batch profile of 2019 at SIBM, Bangalore, 23% of students got placed in the BFSI sector. The average CTC was 9.8 LPA and the highest was 28.3 LPA. The major recruiters were Accenture, Deloitte, Mahindra & Mahindra, JP Morgan & Chase, McAfee, Wall Street Advisory, Capgemini, CRISIL, Genpact, and many more.
Although SIIB, Pune does not offer a separate course for Finance, it is an integral part of the course curriculum for MBA-IB and has related aspects in courses MBA-AB and MBA-E&E. Investment Banking, Retail, M&A, International Finance Management, Corporate Finance, Agri Finance, and other Finance related subjects are part of the course work. SIIB Pune also offers Bloomberg tools. The average placement package at the institute is 10 LPA.
Comparably, SIBM Bangalore is better. The institute stands out because of its unique pedagogy.
In terms of resources, academics, and placements, SIBM Bangalore is better than SIIB Pune.
FORE School of Management and SIBM Bangalore are well recognized and famous in India for management studies. Both the institutes have their own advantages.
Given below is a comparison between the two institutes.
Parameters |
SIBM Bangalore |
FORE School of Management |
Rankings |
23rd in TOI’s entire India B-School ranking |
43 for MBA by NIRF |
Intake |
270 |
180 |
Total fees (in INR) |
16.2 lakhs |
15.98 lakhs |
Entrance exam |
SNAP |
CAT/GMAT/XAT |
Selection |
GE, WAT, PI |
Interview, Written Test, Business Awareness Quiz |
Average CTC |
10.26 LPA |
10.6 LPA |
Highest CTC |
25 LPA |
30 LPA |
Top recruiters |
Deloitte, JP Morgan Chase, and co, Bajaj, Mahindra, Bisleri, etc. |
TATA, IDFC First, Hero Fincorp, Nestle, Philips, Deloitte, etc. |
Both the institute has good infrastructure, facilities. SIBM Bangalore offers more opportunities in the IT field as Bangalore is an IT hub. On the other hand, FORE School of Management is situated in Delhi and offers exposure to companies from all domains.
Symbiosis Institute of Business Management, Bangalore, or SIBM Bangalore provides a rigorous 2-year long MBA program in HR. Given below are a few highlights of the HR specialization.
Course Structure:
Pedagogy:
The institute follows an innovative teaching pedagogy that includes the use of Harvard cases and simulations, industrial visits, use of technology for teaching and learning using OLT (Online Learning and Teaching) software, use of technology for evaluation through Moodle LMS (Learning Management System).
Placements:
The placement statistics of recent years show that there has been an increased interest of recruiters in the area of talent acquisition, organization transformation, learning and development, training management, and compensations & benefits.
The brand of IIM is well-respected and will continue to hold weight in the future. IIM Bodhgaya is a relatively new institute and has the potential to grow further in the coming years. While SIBM Bangalore may have slightly better placement opportunities, graduating from IIM Bodhgaya will be a great achievement and you will be proud to say that you have studied at an IIM.
It is important to note that both institutions have a strong culture of study and competition among students. However, if you have the determination and belief that you can score higher on the CAT exam and have strong academics, it may be worth considering giving it another shot for the chance to attend a better institute. It's important to weigh all the options and consider the long-term benefits before making a decision. Ultimately, the choice is yours and it's important to choose the institution that aligns with your career goals and aspirations.
LBSIM Delhi and SIBM Bangalore, both are good management colleges in India. If you want to pursue a career in finance then LBSIM would be a better choice as the PGDM (Finance) course offered by the institute is considered best in the country.
Given below is a brief comparison between the two institutes.
Parameters |
LBSIM Delhi |
SIBM Bangalore |
Approved by |
AICTE |
AICTE |
Rankings |
76th in the management category by NIRF |
23rd in TOI’s entire India B-School ranking |
Course fees |
INR 11.67 lakhs |
INR16.2 lakhs |
Entrance Exam |
CAT/GMAT/XAT |
SNAP |
Selection |
WAT, GD, PI |
GE, PI, WAT |
Average CTC |
9.20 LPA |
9.79 LPA |
Highest CTC |
28 LPA |
28.26 LPA |
Top recruiters |
Accenture, Asian Paints, HDFC Bank, Nestle, Deloitte, etc. |
JP Morgan, DELL, Puma, ITC, MSIL, etc. |
Both the institute offers equally good facilities, infrastructure, and similar industry exposure. Being located in Delhi, LBSIM has connections to companies across various business domains. Whereas, in Bangalore, there are more IT companies.