Symbiosis Institute of Business Management (SIBM) - Premier Business School in India

About Symbiosis Institute of Business Management

Symbiosis Institute of Business Management (SIBM) is a distinguished business institution in India. SIBM, which is situated in Pune, Maharashtra, was established in 1978 and is a component of the Symbiosis International University (SIU). The institute is renowned for its dedication to the development of a culture of innovation and excellence and the provision of high-quality management education.

Dr. S.B. Mujumdar, a social entrepreneur and educationist, established SIBM under the Symbiosis Society to foster international comprehension through high-quality education. SIBM has become a prominent figure in the field of management education, distinguished by its rigorous academic programmes and robust industry relationships.

SIBM is home to a faculty that is both highly qualified and experienced, with a significant number of them possessing academic credentials from reputable institutions and extensive industry experience. The curriculum is kept current with the most recent industry trends and practices by the faculty's active involvement in research, consulting, and industry collaborations.

SIBM Pune is situated on the picturesque Lavale campus, which is outfitted with cutting-edge infrastructure. The campus offers a learning environment that is conducive to learning, with a variety of recreational amenities, computer laboratories, an auditorium, and modern classrooms. Additionally, the library is well-stocked. The residential facilities guarantee that students experience a campus life that is both enriching and comfortable.

SIBM's robust placement record and industry collaborations are indicative of its strong connections to the corporate world. In order to foster industry engagement, the institute conducts a variety of events, including workshops, seminars, corporate competitions, and guest lectures. Transcend, the annual management conclave, is a significant event that draws the attention of the most prominent industry executives and professionals.

Ranking and Accreditation

NIRF 2024 Ranking: #11
Business Today: #12
Times Ranking: #9

Symbiosis Institute of Business Management Courses & Fees

Courses	Fees	Duration	Seats
MBA	24.20 Lakhs	2 Years	180
MBA Innovation and Entrepreneurship	15.90 Lakhs	2 Years	60
Executive MBA	6.93 Lakhs	2 Years 6 Months	60
PGDBM	-	2 Years	40

MBA

In Pune, the Symbiosis Institute of Business Management (SIBM) provides a two-year full-time MBA program that is distinguished by its industry-aligned curriculum and robust academic framework. The course provides students with a comprehensive comprehension of contemporary business practices by addressing critical areas such as Finance, Human Resources, Marketing, and Operations. SIBM Pune emphasises experiential learning by incorporating case studies, apprenticeships, and live initiatives to improve practical skills. The institute also prioritises the development of leadership and personality through workshops and seminars. Admission to the MBA program is contingent upon the Symbiosis National Aptitude Test (SNAP), which is followed by personal interviews and group discussions. SIBM is a top alternative for aspiring business executives due to its strong industry connections and placement record.

Summer Internship

Highest Stipend - 4.50 Lakhs
Average Stipend - 3.23 Lakhs

Approval Body & Accreditation

Symbiosis Institute of Business Management Admission Process

The Symbiosis Institute of Business Management (SIBM) admission process typically consists of several critical stages. The following is a summary of the procedure:

1. Eligibility Criteria:

Educational Qualification: Candidates must have earned a Bachelor's degree from a recognised university with a minimum of 50% marks (45% for SC/ST candidates).
Work Experience: Although work experience is not required, it may be advantageous for specific programmes.
Entrance Exam: Candidates are required to take the Symbiosis National Aptitude (SNAP) Test.

2. Entrance Exam (SNAP):

Registration: Candidates are required to register for the SNAP exam online by visiting the official SNAP test website.
Exam Pattern: The SNAP test is a computer-based assessment that includes multiple-choice questions that cover Quantitative, Data Interpretation & Data Sufficiency, Analytical & Logical Reasoning, and General English.
Admit Card: The admit card can be downloaded from the SNAP test website by candidates after they have registered.

3. Application to SIBM:

Registration: Candidates are required to register and submit an application to SIBM Pune through its official website after completing the SNAP test.
Application Fee: SIBM's application fee must be paid.

4. Shortlisting for GEPIWAT:

Based on SNAP Scores: The SNAP test scores of candidates are the determining factor in their selection for the subsequent round.
Group Exercise (GE): This entails group activities and exercises that evaluate the communication, leadership, and collaboration abilities of candidates.
Personal Interview (PI): An in-person interview with a council to assess the candidate's academic background, work experience, personality, and eligibility for the programme.
Writing Ability Test (WAT): This entails the completion of an essay or the response to a query in order to evaluate the candidate's analytical thinking and written communication abilities.

5. Final Selection:

Composite Score: The final decision is determined by a composite score that encompasses academic records, employment experience (if applicable), SNAP test scores, and performance in GEPIWAT.
Merit List: A merit list of selected candidates is published by SIBM on its official website.

6. Admission Offer:

Offer Letter: An offer letter is issued by SIBM to the selected candidates.
Acceptance of Offer: Candidates are required to verify their acceptance by submitting the admission fee within the designated time frame.

7. Commencement of Program:

Joining Instructions: Students who are accepted into the programme are provided with instructions for enrolment and information regarding the program's commencement.
Induction Program: The programme typically commences with an induction to acquaint students with the institute, faculty, and curriculum.

Symbiosis Institute of Business Management Placement Partners

An impressive array of placement partners, including top-tier corporations from diverse sectors, is available at the Symbiosis Institute of Business Management (SIBM) in Pune. Accenture, Amazon, Deloitte, HUL, IBM, Infosys, JP Morgan Chase, KPMG, Mahindra, Maruti Suzuki, Nestlé, PwC, Tata Motors, and Wipro are among the most significant recruiters. These industry stalwarts provide positions in a variety of sectors, including finance, marketing, operations, HR, and consulting. This is indicative of SIBM's dedication to the development of future business leaders and the preservation of its legacy of academic and professional excellence, as evidenced by the institute's robust placement cell and strong industry connections, which guarantee exceptional internships and employment opportunities for students.