IIM Bangalore – Indian Institute of Management Overview

IIM Bangalore Highlights

IIM Bangalore Important Dates 2024

IIM Bangalore dates for 2024 admissions are mentioned below:

IIM Bangalore Courses

IIM Bangalore's MBA program fee is INR 24.50 Lakhs, however, the actual cost of pursuing an MBA from the institute is estimated to be around INR 27,50,000. This is because the institute has increased its fees this year for the MBA program, as compared to last year when the fee was 23 Lakhs.

IIM Bangalore Cutoff 2024

The cutoff for IIM Bangalore's MBA program through CAT has been lowered to 85 percentile. However, to increase the chances of receiving an interview call, candidates should aim for a percentile above 99, with sectional cutoffs of 80 for VARC and 75 for DILR & QA. For the Executive PGP and PGPEM programs, a GMAT score of 690 is expected, though the actual cutoff may differ.

The CAT cut-off for different categories is mentioned below:

IIM Bangalore Admission Process

IIM Bangalore Placements 2024

IIM Bangalore Scholarship

IIM Bangalore provides financial support to students through its Financial Aid Policy, aiming to prevent any student from being denied education due to financial constraints. Under this policy, PGP students from households with an annual income below INR 8 lakhs are eligible for financial aid ranging from 100% to 20%. Additionally, IIM Bangalore offers various merit-based and merit-cum-need-based scholarships. Examples of these scholarships include:

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.

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 

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:

IIM Bangalore Alumni

IIM Bangalore boasts a vast alumni network united under the IIM Bangalore Alumni Association (IIMBAA). The institute takes pride in producing managers and leaders who contribute to various sectors, including top multinational corporations, government organizations, and entrepreneurial ventures. Annually, IIM Bangalore honors its alumni with the Distinguished Alumni Award (DAA), recognizing their outstanding achievements and excellence in diverse fields such as industry, management, entrepreneurship, research, academia, and social service. In 2023, some notable alumni who received this honor included:

• Ashok Reddy (PGP 1995) - Managing Director and CEO of TeamLease Services Limited
• Abhijit Roy (PGP 1991) - Managing Director and Chief Executive Officer of Berger Paints India Limited
• Samina Bano (PGP 2010) - Founder and CEO of RightWalk Foundation

FAQs

Q. 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.

Q. 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 organisations.

Q. 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. 

Q. 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.

Q. 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

Q. What are the scholarships available at IIM Bangalore?

Ans. The scholarships available for IIMB 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 Students with Family Income below INR 8 LPA. The Aid offers financial need scores providing 100%, 80%, 60%, 40% or 20% financial aid.

Q. Does IIM Bangalore consider Gender Diversity in MBA shortlisting?

Ans. Yes, IIM Bangalore provides 2% extra weightage to female candidates under gender diversity during the MBA final shortlist. In the 2021-23 MBA batch of IIM Bangalore, 51.11% are male and 48.89% are female having around the same ratio of boys and girls.

Q. What is the seat capacity of IIM Bangalore as of now?

Ans. The total seat allocation as of now in IIM Bangalore is around 565. Out of the total intake, 27% of the seats are reserved for NC-OBC, 15% for SC, 7.5% for ST candidates, 5% for PwD, and up to 10% for EWS are reserved.

Q. Does IIM Bangalore offer an international exchange programme to its students?

Ans. Yes, IIM Bangalore has a vibrant Student Exchange Programme with its various partner universities across Europe, North America, Australia, Asia, and South America. The institute involves a deep engagement with the international network, Global Network for Advanced Management (GNAM), which mainly comprises 32 recognised business schools around the world.

Q. Does IIM Bangalore offer placement to its Executive MBA students also?

Ans. Yes, the placement facility is also open for the EMBA students at the IIM Bangalore campus. During IIM Bangalore EMBA Placement 2021 for the batch size of 73 students, 61 offers were made with consulting and IT services being the highest placement offering sectors.

Q. Where do the IIM Bangalore Doctoral Program students get placed after successful completion of the course?

Ans. After successful completion of the Doctoral Program at IIM Bangalore, the participants are given training for careers in research. Such training in research areas is most highly sought after by academic institutions. But leading Indian companies, MNCs, investment banks and consulting firms also offer certain positions requiring specialised research skills.

Q. Can I get a single room in IIM Bangalore Hostel?

Ans. Yes, IIM Bangalore provides accommodation to all students on campus in well-appointed single rooms in the hostels. There are also student-run library, music club and store in the IIM Bangalore Hostel Premises.