IIM Bangalore, established in 1973, is ranked as the second-best MBA college in India, following IIM Ahmedabad, according to the latest NIRF Ranking 2024. On the global stage, it holds a prestigious 31st position in the QS World Business Masters’ ranking for 2024, surpassing all other Indian business schools. The institute boasts a 100% placement record, attracting top companies such as EY, Goldman Sachs, Infosys, JP Morgan, and Microsoft. The MBA program at IIM Bangalore comes with a fee of INR 24.5 lakhs, but the return on investment is remarkable, with an average salary package ranging between INR 30-35 LPA and the highest package touching INR 1 crore or more.
The IIM Bangalore campus spans 100 acres and offers world-class facilities. It features 16 hostel blocks, a mess, a night canteen, a music room, and a well-stocked library accessible 24/7 to students.
With collaborations spanning 90 international institutions across 30 countries, including partnerships with Goldman Sachs, McGill University, Lancaster University, and Infineon, IIM Bangalore is the only business school in India included in the Global Network for Advanced Management. The institution is renowned for shaping the next generation of business leaders and entrepreneurs, with notable alumni such as Damodar Mall (CEO of Reliance Retail), Koppillil Radhakrishnan (former Chairman of ISRO), and Arvind Krishna (Chairman and CEO of IBM).
The important highlights of IIM Bangalore have been given below.
Ranking | 2nd in India (NIRF 2024) |
---|---|
Global Ranking | 31st in QS World Business Masters’ Ranking 2024 |
Accreditations | NBA, AACSB, AMBA, SAQS |
Course | Fees | Eligibility | ||
---|---|---|---|---|
PGPM | ₹26 Lakhs (Total Fees) | Graduation + CAT | ||
Post Graduate Programme in Business Analytics | ₹26 Lakhs (Total Fees) | Graduation with 50% + CAT | ||
Executive Post Graduate Programme in Management [EPGPM] | ₹33.96 Lakhs (Total Fees) | Graduation with 50% + GMAT | ||
Post Graduate Programme In Public Policy & Management [PGP-PPM] | ₹12.5 Lakhs (Total Fees) | Graduation + CAT | ||
Bachelor of Business Administration [BBA] (Digital Enterprises Management) | ₹1.25 Lakhs (1st Year Fees) | 10+2 with 60% |
Events | Dates |
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Last Date to Apply for Admission 2025 [PGPEM] | Upcoming Jan 22, 2025 |
Application Window [M.Phil/Ph.D in Arts] | Ongoing Jul 26, 2024 – Jan 24, 2025 |
Application Window [M.Phil/Ph.D in Science] | Ongoing Jul 26, 2024 – Jan 24, 2025 |
Application Window [M.Phil/Ph.D in Management] | Ongoing Jul 26, 2024 – Jan 24, 2025 |
Withdrawl last date (Round 3) (EPGPM) | Upcoming Jan 24, 2025 |
IIMB Test (Round 2) [M.Phil/Ph.D in Arts] | Feb 02, 2025 |
IIMB Test (Round 2) [M.Phil/Ph.D in Science] | Feb 02, 2025 |
IIMB Test (Round 2) [M.Phil/Ph.D in Management] | Feb 02, 2025 |
Short List Notification [M.Phil/Ph.D in Arts] | Feb 25, 2025 |
Short List Notification [M.Phil/Ph.D in Science] | Feb 25, 2025 |
Area Tests [Online] (as decided by Areas) Phase 2 [M.Phil/Ph.D in Science] | Mar 01, 2025 |
Area Tests [Online] (as decided by Areas) Phase 2 [M.Phil/Ph.D in Management] | Mar 01, 2025 |
Area Tests [Online] (as decided by Areas) Phase 1 [M.Phil/Ph.D in Arts] | Feb 28, 2025 |
Area Tests [Online] (as decided by Areas) Phase 1 [M.Phil/Ph.D in Science] | Feb 28, 2025 |
Area Tests [Online] (as decided by Areas) Phase 1 [M.Phil/Ph.D in Management] | Feb 28, 2025 |
Short List Notification [M.Phil/Ph.D in Management] | Feb 25, 2025 |
Events | Dates |
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Last date to Accept the offer (Round 3) (EPGPM) | Jan 15, 2025 |
Offers & waitlist (Round 3)(EPGPM) | Jan 06, 2025 |
Interview (Round 3) (EPGPM) | Dec 22, 2024 |
Withdrawl last date (Round 2) (EPGPM) | Nov 28, 2024 |
Last date to Accept the offer (Round 2) (EPGPM) | Nov 18, 2024 |
IIMB Test (Round 1) [M.Phil/Ph.D in Arts] | Nov 17, 2024 |
IIMB Test (Round 1) [M.Phil/Ph.D in Science] | Nov 17, 2024 |
IIMB Test (Round 1) [M.Phil/Ph.D in Management] | Nov 17, 2024 |
Offers & waitlist (Round 2)(EPGPM) | Nov 08, 2024 |
Interview (Round 2) (EPGPM) | Oct 27, 2024 |
Withdrawl last date (Round 1) (EPGPM) | Oct 07, 2024 |
Last date to Accept the offer (Round 1) (EPGPM) | Sep 26, 2024 |
Offers & waitlist (EPGPM) | Sep 16, 2024 |
IIM Bangalore is among the top listed Management Institutes in India followed by IIM Ahmedabad, known for its excellent management education. IIM Bangalore Scholarships are available for meritorious students having insufficient finance due to low family income or other genuine reasons.
There are various forms of financial assistance programmes offered by IIM Bangalore, the Government of India and industries as well.
The students with an annual household income below INR 8,00,000 are eligible to apply for any of the financial aid programmes mentioned further. In addition, students with severe financial difficulties arising from sudden unforeseen circumstances are also considered to avail financial assistance programmes at IIM Bangalore.
IIM Bangalore Courses and Fees
Apart from Financial Aid provided on the basis of financial need of students, there are several Merit based or Merit-cum-Need based scholarships for PGP students.
Name of Scholarship | Scholarship Amount (in INR) |
---|---|
IIMB PGP Alumni First Batch (1976) Scholarship | 75,000 + Medallion + Certificate |
NTPC Scholarship Scheme | 48,000 per year |
Employment in Social Sector Scholarship | N.A. |
Aditya Birla Scholarship | 1.75 lakhs per student |
OPJEMS Scholarship | 1.50 lakh per student |
Citi Women’s Leader Award | N.A. |
Societe Generale Global Solution Centre India Scholarship | N.A. |
Siddhartha Padam Award | 50,000 + Medallion + Certificate |
Runwal Education Trust Scholarship | 1,00,000 + Medallion + Certificate |
Hindustan Unilever / T Thomas Scholarship | 1 lakh per student |
Yes Bank Scholarship | 2 lakhs |
National Scholarship for Higher Education of Scheduled Tribe | N.A. |
National Scholarship for Higher Education for Scheduled Caste Students | N.A. |
Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD) | 2,55,000 per year |
IIMB PGP Alumni First Batch (1976) Scholarship
This scholarship is given to a differently-abled woman student from PGP at IIM Bangalore. The scholarship is set with an objective to support a differently-abled female student (or a differently-abled male student, if there is no eligible female student).
The IIMB PGP Alumni First Batch (1976) Scholarship is activated to keep the memory of the PGP batch of 1976 and their association with the institute. The scholarship includes a reimbursement amount of INR 75,000, a medallion and a certificate.
To know more click here IIM Bangalore Admissions 2024
NTPC Scholarship Scheme
Students who belong to SC/ST/PwD categories and are in their 2nd year of management studies, having passed the first-year examination in one attempt, are eligible for the scholarship. The scholarship amounts to INR 48,000 per year.
Employment in Social Sector Scholarship
This scholarship awards the recipient with one-third of the fees at the end of each year. The award is given for the work contribution made in the social sector for the first three years.
IIM Bangalore Placements
Aditya Birla Scholarship
This is a merit-based scholarship whose access is given to PGP 1st and 2nd year students. The students who qualify to be in the Top 25% of the batch in second year are allowed to renew their scholarships in the second year. The IIM Bangalore Scholarship Amount for Aditya Birla Scholarships is INR 1.75 lakh per student.
IIM Bangalore Ranking
OPJEMS Scholarship
OPJEMS is a merit-based scholarship given to PGP students of 2nd year. The students are selected based upon their academic performance in the first year. Top 10 performers of the second year which is based on their previous year performance are eligible to apply.
The students are filtered on the basis of an online test conducted by OP Jindal Group and 1 student of each academic year is awarded with OPJEMS Scholarship. The scholarship amount is INR 1.50 lakh.
Citi Women’s Leader Award
This is a merit scholarship that covers the 2nd year’s tuition expenses of students being awarded with the Citi Women’s Leader Scholarship Award.
Students are selected on the basis of their 1st year performance and the top 25% of the batch at the end of the first year are awarded with a scholarship amount.
IIM Bangalore nominates the deserving students who are selected on the basis of their Statement of Purpose and subsequent interviews scheduled by Citi-Group.
To know more click here IIM Bangalore Reviews
Societe Generale Global Solution Centre India Scholarship
This is a means scholarship that covers tuition expenses in full. Candidates are selected on the basis of the neediest applicants in the first year and subsequent interviews conducted by Societe Generale.
Siddhartha Padam Award
This scholarship is awarded to a PGP student on the Director’s Merit List and scores the highest CGPA in Economics, Finance & Accounting core courses in the 1st year. The reimbursement amount for Siddhartha Padam Award is a cash prize of INR 50,000, a medallion and a certificate.
Runwal Education Trust Scholarship
This scholarship is given to a PGP student based on a combination of academic performances in the 1st year and the student’s financial need. The scholarship amount is worth INR 1,00,000, and includes a medallion and a certificate.
Hindustan Unilever / T Thomas Scholarship
This is a merit-cum-means scholarship given by a renowned organization named Hindustan Unilever Ltd. (HUL) to 1 PGP student studying in 2nd year. The scholarship amount is worth INR 1 lakh.
For more details click here IIM Bangalore Cutoff
Yes Bank Scholarship
The financial assistance programme by Yes Bank is open to students who are among the top 20 performers as per the admission criteria. Moreover, students who belong to the top 20% of the batch based on the current CGPA and are members of at least one student committee are eligible to apply for these scholarships.
This reimbursement amount offered by Yes Bank Scholarships is worth INR 2 lakh.
National Scholarship for Higher Education of Scheduled Tribe – Ministry of Tribal Affairs Scholarship (ST)
The National Scholarship for Higher Education of Scheduled Tribe is offered to ST students in PGP first year. The scholarship is awarded by the Ministry of Tribal Affairs, Government of India. This is a means scholarship that covers tuition expenses in full.
National Scholarship for Higher Education for Scheduled Caste Students- Ministry of Social Justice and Empowerment Scholarship (SC)
This financial assistance programme is conducted under the Ministry of Social Justice and Empowerment, Government of India. The scholarship is awarded to Meritorious SC students studying in 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 disability (having not less than 40% disability) and having a disability certificate issued by any competent medical authority is eligible to apply for these scholarships. This is a means scholarship of INR 2,55,000 per year.