The Indian Institute of Management (IIM), Bangalore is among the top graduate schools for Management education in Asia. Established in the year 1973, it admits over 1,200 students across several programmes every year. Accredited by EQUIS since 2019, it 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.
In the recently released NIRF 2020 ranking, IIM Bangalore was ranked 2 among the top 100 B-schools in India. Located at Bannerghatta Road, Bengaluru, it is in proximity to some of the leading corporate houses in the country thus maintaining a great track record of placements with every passing year.
Foreign Collaborations
IIM Bangalore has a widespread network of partner B-schools across the globe with which it conducts its student exchange programmes. The students of two-year MBA course are sent for exchange programmes during the fifth term of their course. Over a hundred students from IIMB are exchanged in every batch for this course with over 80 global B-schools associated with it.
It also has a doctoral exchange programme available with universities and colleges, such as the National University of Singapore, University of Cologne, etc. This institute also conducts an international immersion programme of one-year for MBA candidates in the fourth term. It gives one-year students an opportunity to take up their courses with some of the leading universities in Asia and Europe, with leading economies, such as China, Russia, Brazil, and South Africa or with a developed economy in Europe or Asian regions, such as Singapore or South Korea.
Highlights
Some of the prominent highlights around IIM Bangalore are as follows:
| Particulars | Stats |
| Establishment year | 1973 |
| Location | Bengaluru |
| Type of institute | Public |
| Accreditations | EQUIS |
| Ranking | – 1 for MBA by Outlook 2020 – 2 for IIMs by NIRF 2020 – 1 for MBA by BW Business World 2019 |
| Campus area | 100 acre |
| Gender intake | Co-ed |
| Total faculty members | 110 |
| Total courses offered | 5+ |
| Type of programmes | PG, Doctoral, Certificate and Executive |
| Admission criteria | Entrance-based |
| Exams accepted | CAT, GMAT, GRE, GATE |
| Partner institutes and universities | 80+ |
| Median salary (2020) | Rs 25 LPA (PGP) |
| Top recruiters (2020) | Amazon, Bain & Company, Accenture Strategy, Goldman Sachs, The Boston Consulting Group, Kearney, McKinsey & Company, Microsoft, AB InBev, Avendus Capital, HUL, Procter and Gamble, Sprinklr and Vodafone Idea Limited |
| Type of scholarships offered | – Merit-based – Scholarships for reserved category students |
| Official website | www.iimb.ac.in |
Rankings
Shuffling between first and second positions on the NIRF MBA Rankings in the past three years, IIM Bangalore was ranked 2 via NIRF in 2020 among IIMs. A few more national and international rankings are mentioned below in detail:
IIM Bangalore National Rankings
- Ranked 1 for MBA by Outlook 2020
- Ranked 1 for MBA by BW Business World 2019
- Ranked 2 for MBA by The Week 2019
- Ranked 2 for MBA by Composite Rank 2019
- Ranked 3 for MBA by Economic Times 2019
- Ranked 3 for Executive MBA by Business Today 2015
IIM Bangalore International Rankings
- IIM Bangalore has ranked 1 among Business School in Central Asia region in 2019 and was awarded the five Palmes of Excellence honour during the Eduniversal World Convention held in October 2019
- It bagged the top spot in India in the QS University Rankings 2019 in the Business and Management Studies category and received the top spot by breaking into the global 51 to 100 range among the top 15 institutes in Asia
- For MBA, it was ranked 1 in India and 26 globally by the ‘QS Master in Management Ranking for 2020’ and became a part of the Top 10 list of schools in Asia-pacific region by the ‘Financial Times’ in Master in Management category
- The full-time, one-year MBA, i.e. the Executive Post Graduate Programme in Management (EPGP), has moved up six positions from last year and claimed the 27 spot in the Financial Times (FT) Global MBA Rankings 2020. Also, for the same programme, it was ranked among the top 5 B-schools in Asia-Pacific by the Financial Times in the Global MBA category.
- For PGPEM programme, IIM Bangalore was ranked 1 in India and 12 in the Asia-Pacific region in the QS Executive MBA Rankings 2019 and became the only Indian Institute to be a part of the QS Executive MBA Rankings 2019
- IIMB was also ranked among the Top 10 list of schools in the Asia-pacific region for both Open and Custom Programmes (Executive Education Programmes) by the Financial Times
Admission Process
IIM Bangalore admission process for the flagship MBA programme is based on the scores obtained by candidates CAT exam. International students, however, need a valid score in GMAT exam. For other courses, admission is based on valid scores in national-level entrance exams. Candidates seeking admission are required to apply online. For PGP (or MBA), candidates are required to apply via the official website of CAT while for the remaining courses, candidates are required to apply via IIM Bangalore official website. A detailed course wise admission process is mentioned below:”
- Admission to the flagship course PGP (MBA) of IIMB is based on a valid score in CAT exam followed by a PI-WAT round.
- The shortlisting criteria for its PGP (MBA) programme got changed for admission 2020 as the institute reduced its CAT cutoff score by 5 percentile for the first stage shortlisting (for each category)
- For EPGP, candidates must have a valid score in GMAT or GRE exam along with a Statement of Purpose (SOP), in which they are required to highlight their future goals and achievements
- For admission to PGPEM (2-year weekend MBA) or PGPPM (MMS in Public Policy), candidates must have a valid score in one among CAT/GMAT/GRE or IIMB test followed by a personal interview round
- PhD admission to IIM Bangalore is based on a valid score in IIMB Test conducted by IIM Bangalore. However, those with a valid score in one among GMAT, GRE, CAT, GATE or JRF (NET) can apply directly and are required to go through a compulsory interview round.
Courses
IIM Bangalore offers a wide variety of PG, doctoral, certificate and short-term executive programmes to students in the field of Management. The two-year, residential flagship MBA programme is available across 10 electives, which include Decision Sciences, Economics and Social Sciences, Entrepreneurship, Finance and Accounting, Information Systems, Marketing, Management Communication, Organisational Behaviour & Human Resources Management, Production & Operations Management, Public Policy and Strategy. In addition to this, this institute also offers a wide range of one-year and two-year, full-time and weekend PGP courses leading to an MBA degree. Apart from these, this institute also offers three certificate programmes and a few short-term executive programmes to the students.
The below table mentions the minimum eligibility criteria for all PG and doctoral IIM Bangalore courses:
| Course | Eligibility Criteria | Total Fee (in Rs lakh) |
| PGP (or 2-year MBA) – Finance and Accounting – Information Systems – Marketing | Qualifying exams: CAT (GMAT for international candidates) Bachelor’s degree with a minimum aggregate of 50% aggregate (for candidates belonging to SC/ST/PwD category, there is a relaxation to 45%) | 23 |
| PGPBA (or MBA in Business Analytics) | Qualifying exams: CAT (GMAT for international candidates) Graduation with a minimum aggregate of 50% | N/A |
| Post Graduate Programme in Enterprise Management (2-year weekend MBA) | Qualifying exams: CAT/GMAT/GRE/IIMB Test – Bachelor’s degree with a minimum aggregate of 50% in any discipline – Minimum 4 years of work experience after the Bachelor’s degree | 19 |
| Executive Post Graduate Programme in Management – EPGP (or One-year full-time MBA programme) | Qualifying exams: GMAT or GRE – Graduation with a minimum aggregate of 50% aggregate (there is a 5% relaxation for SC, ST and PwD category candidates) – Minimum 5 years (and preferably less than 12 years) of work experience as on March 31 of the academic year of admission | 27.5 (including shared accommodation) |
| PGPPM (or MMS in Public Policy) | Qualifying exams: CAT/GMAT/GRE/IIMB test Graduation with a minimum aggregate of 50% with a minimum of 5 years of work experience preferably in a Public Policy domain as on March 31 of the year of admission | 19 |
| PhD – Entrepreneurship – Finance & Accounting – Information Systems | Qualifying exams: GMAT, GRE, CAT, GATE, JRF (NET) or IIMB Test – 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 | – |
Placements
The final placement records of IIM Bangalore’s reaffirms its reputation as one of the top B-Schools in the country. With its distinguished and dedicated Training and Placements Cell, it facilitates all its students with world-class domestic and international placement and summer internships. The final placement session of 2020 witnessed participation from over 100 companies that offered more than 500 offers. Major highlights from IIM Bangalore placements 2020 are as follows:
| Particular | Stats |
| Total students participated | 432 |
| Total offers made | 518 |
| Total companies | 120 |
| PPOs offered | 216 |
| PPOs accepted | 149 |
| International offers | 18 |
| Median salary (PGP) | Rs 25 LPA |
| Average salary (PGP) | Rs 26.18 LPA |
| International median salary (PGP) | Rs 26 LPA |
| International average salary (PGP) | Rs 32.1 LPA |
| Median salary (EPGP) | Rs 28.5 LPA |
| Average salary (EPGP) | Rs 29.88 LPA |
| Top recruiting company | Amazon (24 offers) |
| Major recruiters | Amazon, Bain & Company, Accenture Strategy, Goldman Sachs, The Boston Consulting Group, Kearney, McKinsey & Company, Microsoft, AB InBev, Avendus Capital, HUL, Procter and Gamble, Sprinklr and Vodafone Idea Limited |
Apart from the final placements, IIM Bangalore has also concluded its summer placements 2020-2021 with a total 446 offers made to 441 students. Out of all, only 437 offers were accepted and Management Consulting sector made the maximum summer placement offers.
Scholarships
IIM Bangalore offers a variety of merit-cum-need-based scholarships to the students of PGP. A list of IIM Bangalore scholarships offered along with their criteria and scholarship amount is tabulated below:
| Scholarship | Scholarship Amount/ Eligibility |
| Aditya Birla Scholarship | Rs 1, 75,000 lakh per student |
| OPJEMS Scholarship | Rs 1, 50,000 lakh |
| Citi Women’s Leader Award | Top 25% from the first year are selected for this scholarship offered during the second year |
| Societe Generale Global Solution Centre India Scholarship | – Covers full tuition expenses in full – Needy candidates are selected from the applicants of the first year |
| Siddhartha Padam Award | – Cash reward of Rs 50,000 – Awarded to a PGP student on Director’s Merit List who gets the highest CGPA in the Economics, Finance & Accounting core courses in the first year |
| IIMB PGP Alumni First Batch (1976) Scholarship | – Offered to a differently-abled woman student from PGP course – Scholarship amount is Rs 75,000 |
| Runwal Education Trust Scholarship | – Offered to a PGP student based on a combination of academic performance in the first year and student’s financial need – Scholarship amount is Rs 1,00,000 |
| Hindustan Unilever/ T Thomas Scholarship | – Merit-cum-means scholarship is given by HUL to one PGP second-year student – Scholarship amount is Rs 1,00,000 |
| Yes Bank Scholarship | – Offered to students who are among the top 20 students according to the admission criteria, belong to the top 20% of the batch based on the current CGPA & are members of at least one student committee – Scholarship amount is Rs 2,00,000 |
| NTPC Scholarship Scheme | – Awarded to students who belong to SC/ST/PwD categories and are in their second year of management studies – Scholarship amount is Rs 48,000 per year |
| Employment in Social Sector Scholarship | One-third of the fees at the end of each year is reimbursed for the first three years in the social sector |
| Ministry of Tribal Affairs Scholarship (ST) | Means scholarship that covers tuition expenses in full for ST category students |
| Ministry of Social Justice and Empowerment Scholarship (SC) | Means scholarship that covers tuition expenses in full for meritorious SC students PGP first year |
| Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD) | – For students having not less than 40% disability with a disability certificate issued by any competent medical authority – Scholarship amount is Rs 2,55,000 per year |
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