Symbiosis Institute of Business Management (SIBM)

Estd. Year : 1978
Pune,MAHARASHTRA
Affiliation : Savitribai Phule Pune University
Type : Private
Accreditations : NAAC
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  • Established: 1978
  • Type of Institute: Private Business School
  • Courses Offered: MBA, MBA(Innovation and Entrepreneurship), MBA Executive.

Accreditations & Approvals:

  • Accredited with an 'A++' grade by the National Assessment and Accreditation Council (NAAC).
  • Accredited by NBA
  • Established under section 3 of the UGC Act.

Ranking:

  • Ranked 13th Best B School by NIRF in 2024.
  • Ranked 3rd Top B School by Times B School ranking 2024.
  • 1st among the top 50 Business schools under the university Program by IIRF 2024.
  • 2nd Rank in private university- Constituent colleges by Outlook iCare 2024.
  • Ranked 2nd best private B school in India by Outlook 2023.
  • Ranked 1st best private B school in Maharashtra by Outlook 2023.
  • Ranked 15th best (Overall) Business school in the country by Fortune India 2022.

About Symbiosis Institute of Business Management, Pune

Symbiosis Institute of Business Management, established in 1978, is one of the most reputed business schools in India with rigorous academic programs and colorful campus life. SIBM Pune is a constituent of Symbiosis International (Deemed University) which has been ranked among the best business schools in India. The institute is known for its strength and excellence in management education. The institute is situated against the picturesque Lavale hills of Pune, making for a highly inspiring learning and personal development environment. SIBM Pune offers a range of postgraduate courses, including the flagship MBA, equipping students with the essential management skills to prepare them for leadership roles in diversified sectors.

Education at Symbiosis Institute of Business Management, Pune

SIBM Pune offers a wide variety of academic programs that cater to the needs of future business leaders. Some core offerings include: 

  • Master of Business Administration (MBA): A full-time postgraduate program spread over two years with intensive training in different specializations such as Marketing, Finance, Human Resources, and Operations.
  • Master of Business Administration (Innovation & Entrepreneurship): Focusing on entrepreneurship abilities and innovative thinking
  • Master of Business Administration Executive: A program specifically designed for working professionals to upgrade their managerial capabilities.

In the curriculum, theoretical knowledge is integrated with practical application through case studies, group project work, and interaction with industry. The students are also supposed to make specialization choices early in the program so that their learning experience can be provided as per their career aspirations.

Advantages of Studies at SIBM Pune

  • Good industry connection: 
  1. SIBM Pune has developed effective relationships with leading organizations across industries. This offers internship and placement opportunities to students. 
  2. The institute has seen quite decent placement records, with 100% placement having been achieved in recent years. Top recruiters include Amazon, Deloitte, ICICI Bank, and Godrej.
  • Comprehensive Skill Development: 
  1. The curriculum promises academic excellence but also teaches soft skills like leadership, teamwork, and communication. 
  2. Involvement in student councils and many more clubs works towards developing the above aspects through practical experience.
  • Infrastructural Facilities: 
  1. The campus is built with ultra-modern facilities which include well-equipped classrooms, a significant library having resources, sports facilities, and comfortable hostels. 
  2. Such amenities work to create a learner-friendly environment.
  • Recognition and Accreditation: 
  1. SIBM Pune is accredited by various accrediting bodies, and it has often been found in the list of top business schools in India. 
  2. According to the NIRF 2023 Management category, it has ranked 17th, while Outlook ranked it 1st among private B-schools.
  • Alumni Network: 
  1. SIBM Pune graduates form an extremely robust alumni network scattered across a myriad of industries worldwide. 
  2. Such an alumni network opens portals for modern students to seek guidance and professional associations that are invaluable to them as they progress in their professional lives.

Faculty at SIBM, Pune

  • Dr. Shrirang Altekar || Director
  • Dr. V.V Ravi Kumar || Professor and Deputy Director
  • Dr. Madhura Bedarkar || Associate Professor
  • Dr. Aradhana Gandhi || Professor
  • Dr. Poornima Tapas || Professor
  • Dr. Shilpa Parkhi || Professor
  • Dr. Chetan Panse || Associate Professor
  • Dr. Sonal Shree || Associate Professor
  • Dr. Vimal Bhatt || Associate Professor

Departments & Courses at  Symbiosis Institute of Business Management

Courses Offered

  • MBA
  1. Duration: 2 years (Residential Program)
  2. Specializations
  3. Finance
  4. Marketing
  5. Human Resource Management
  6. Operations and Supply Chain Management
  7. Data Analytics
  • MBA in Innovation and Entrepreneurship
  1. Duration: 2 years
  • EMBA
  1. Duration: 30 months

Eligibility & Admission Process at Symbiosis Institute of Business Management

Symbiosis Institute of Business Management, Pune conducts a systematic and holistic admission process for its various management programs, mainly the MBA and Executive MBA courses. Here are the eligibility criteria and an admission process for prospective students.

Eligibility Criteria

MBA (Full-time):

  • Bachelor's degree from a recognized university with a minimum aggregate of 50% (45% for SC/ST candidates).
  • Even final-year students are eligible, provided they meet all the eligibility criteria by the time of admission.

MBA (Innovation & Entrepreneurship):

Equivalent to the full-time MBA program, with the eligibility requirement of a bachelor's degree with a minimum of 50% marks.

MBA Executive:

A bachelor's degree with at least 50% aggregate is a necessity. A minimum of two years of relevant work experience is also a requirement.

Admission Process

  • Step 1: SNAP Registration

For that purpose, one has to register for the Symbiosis National Aptitude Test (SNAP), which is the entrance examination for the SIBM Pune.

  • Step 2: Application to SIBM Pune

The applicants who have applied under SNAP are further required to apply specifically for SIBM Pune by downloading the application form from their official website.

  • Step 3: Entrance Exam

The SNAP test is multiple-choice on a variety of topics. Scores obtained by students in the SNAP exam will qualify the students for the next rounds of selection.

  • Step 4: Selection Rounds

Eligible candidates as per the scores will be shortlisted and called for further selection rounds, which comprise: 

  1. Group Exercise
  2. Personal Interview
  3. Written Ability Test

Final selection will be done based on total performance across the above components, with the following weightage.

  1. SNAP Score: 50%
  2. Group Exercise: 10%
  3. Personal Interview: 30%
  4. Written Ability Test: 10%

Important Notes  

  • SIBM Pune accepts admission only through SNAP scores, thus no CAT score is considered.
  • The institute specifically offers seats to Scheduled Castes, Scheduled Tribes, Differently Abled candidates, Kashmiri Migrants and International Students.

Fees & Scholarships Symbiosis Institute of Business Management :

Fees

Installments for MBA - I & E (Indian students) Year 1 (in ?) Year 2 (in ?)
1st Installment

2nd

Installment

3rd Installment 4th Installment
Academic Fee (Per Annum) 4,30,000 4,30,000 4,30,000 4,30,000
Institute Deposit (Refundable) 20,000 - - -
Hostel Deposit (Refundable) 15,000 - - -
Hostel Fee (Per Annum)* 65,000 65,000 ** -
Mess Fee (Per Annum) 47,250 47,250 ** -
Installments 5,77,250 5,42,250    
Last date of Payment At the time of Admission 25-Nov-2024 25-Jun-2025 25-Nov-2025

Note:

* Room and Mess charges may be charged with a 10 percent hike every year. Government taxes would be applicable as and when they are levied.

**Hostel and Mess Fees for the next academic year will be intimated before the start of the next academic session.

Scholarship

  • Merit-based Scholarship.
  • Income-Based Scholarship.
  • Government Scholarship.

Placement overview at SIBM, Pune

Placement at Symbiosis Institute of Business Management (SIBM) Pune forms an integral part of the commitment made by the institute toward its student's success and professional development. For more than four decades of its existence, SIBM Pune has managed to carve out for itself a position in management education, having achieved outstanding placement records year after year. A 100 percent placement rate for MBA programs is one of the reasons why the institute boasts of strong training combined with industry connections.

Placement Statics:

  • Recruiters: 99+
  • Highest Package Offered: 49 LPA
  • Average Package Offered: 28.16 LPA
Year Highest Package Average Package
2023 49 LPA 28.16 LPA
2022 35.05 LPA 26.07 LPA
2022 45.50 LPA 23.06 LPA
2022 30.38 LPA 19.56 LPA

Top Recruiter

Pidilite JM Financial Paytm
Marico Reckitt Axis
ITC Godrej Amazon India
Hindustan Unilever Flipkart ICICI Bank

Campus Life at SIBM Pune :

Life at SIBM Pune is marked by a rich mix of academic pursuits and co-curricular activities against the picturesque campus in Lavale. Students of the institute are given proper training in an atmosphere that aids growth both personally and professionally.

Hostel

  • SIBM Pune provides a well-furnished hostel for boys and girls. The hostel consists of shared rooms with necessary amenities mainly to allow participants to build a sense of community together.
  •  The common area has been equipped to make ease the atmosphere to live, hence relaxed inmates socialize with each other. 
  • Quality food is far superior to that of most institutions which ensures students are provided an all-round comfortable stay.

Library

  • The library at SIBM Pune is an ideal source for all students, with an array of books, journals, and digital resources. 
  • It offers support for the most important management disciplines and possesses the following advanced tools in research: Bloomberg Terminal and EBSCO. 
  • It offers a well-calculated atmosphere for focused study through cooperative projects and thus becomes a central location for achieving academic success.

Sports

  • SIBM Pune understands the health and physical fitness of students. It has extensive grounds for basketball, badminton, and squash courts along with cricket and football grounds.
  • Swimming and gymnasiums come to make the students fit and healthy. Regular sports events keep the camaraderie coming out of the student's strengths.

Auditorium

  • The institute has a modern auditorium where guest lectures, workshops, and many different cultural programs are held. 
  • With the latest equipment in audio-visual technology, the auditorium also serves to be a ground where industry leaders make their way and share experiences.
  • It also brings about more diversification of SIBM through the talents of students, which are availed through performances and presentations.

Transportation

  • SIBM Pune arranges adequate transportation facilities for its students and thus connects easily with the city through shuttle services, which can very easily enable commuting to key locations in the city of Pune. 
  • That makes a strong case for balancing one's commitment to academics with activities outside the campus while indulging in the serene surroundings provided by the Lavale Hills.

Academic Features

Curriculum Structure

The curriculum at SIBM Pune is designed aptly to meet the requirements of industries. It follows a four-semester format, with the focus pointed on the following areas:

  • Marketing
  • Human Resources
  • Finance
  • Operations
  • Data Analytics

Each specialization is thus designed to mold students with the ability to acquire a profound insight into the relevant concepts and their practical applicability. The curriculum is periodically updated about the current trends and practices followed in the corporate world. Therefore, the students are adept for a profession in the immediate future.

Pedagogy

The pedagogy at SIBM Pune will be extremely diverse and rich. It aims to synthesize the traditional lecture method with more contemporary tools such as:

  • Case Studies: Real-life case studies to which students are exposed can enhance their critical thinking and problem-solving skills.
  • Business Simulations: The study of business scenarios under simulated conditions of a real business environment, to test theoretical knowledge gained by the management students.
  • Group Projects: A team-based assignment builds teamwork, which is important for any manager today. Students become better team members because of participation in group projects.
  • Guest Lectures: Industrialists are more than often the guest lecturers. They come to share case studies where they had to make some tough decisions as an executive of a firm, thus providing them with valuable insights from the ground level of current market dynamics.

Faculty Expertise

SIBM Pune boasts the most qualified faculty with profound academic and industry experience. Professors act not as mere lecturers but as mentors through projects and internships that guide students on a journey from classroom to real-life applications. This supportive atmosphere motivates students to be actively involved in the process of learning and enlightens their overall educational experience.

Infrastructure and Resources

SIBM Pune has infrastructures and resources that underpin its academic programs. These include:

  • A library is well-stocked with current online databases such as EBSCO and Prowess IQ.
  • Classrooms are designed to be technologically savvy for presentations and collaborative work.
  • There are dedicated spaces for group discussions and study sessions.

Frequently Asked Questions

...

At SIBM Pune, for the selection process, there is a common entrance test followed by GE-PIWAT. During the first stage, one needs to appear for the SNAP test. After this test, the candidates short-listed need to go through the GE-PIWAT process. The final choice is based on the performance of the student in all three rounds.

No, SIBM Pune does not accept CAT. The only entrance exam accepted for admission is SNAP.

SIBM Pune offers a two-year full-time MBA that specializes in specializations such as Marketing, Finance, Human Resource Management, Operations, and Data Analytics. It also offers the Executive MBA for 30 months, along with various certificate programs.

The total fee for the MBA program falls between INR 15.9 lakh to INR 22.2 lakh, considering the opted specialization.

Campus life at SIBM Pune is vibrant and engaging with all modern infrastructures, various student clubs and committees, and lots of extracurricular activities that nurture personal as well as professional growth.

Yes, students can avail of education loans from various banks including Axis Bank, Indian Bank, Canara Bank, etc, and several more in funding their studies at SIBM Pune.

SIBM Pune Campus has modern infrastructures with air-conditioned smart classrooms, a modernized equipped library, sports hostels, and computer laboratories with high-speed internet accessibility.

Admission is highly competitive since the demand level is quite high. To become a part of the institute, candidates should perform well in the SNAP examination as well as go through the subsequent rounds of selection GE-PIWAT and eventually make their place in the MBA program.

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