Updated on 24th June 2024 | 11:36 pm | #SIBMPune
Founded in 1978, Symbiosis Institute of Business Management, Pune (SIBM Pune) was the first college to be established under the Symbiosis Society. It is a constituent of Symbiosis International (Deemed University) and a member of the EFMD & EFMD Global network. Located in Pune, India, the campus is spread over 8 acres of land.
Considered one of the top B-schools in the country, admission to SIBM is based on a candidate's performance in SNAP. SIBM Pune provides master's degree programs in management, innovation & entrepreneurship, and several other executive programs.
According to NIRF 2023 Rankings, SIBM ranks at 17 in the Management Category while Outlook placed it as the 6th Best Private B-school in India and 1st Best Private B-School in Maharashtra.
SIBM Pune is one of the top B-schools with a stellar reputation and is often considered equivalent to the top IIMs. This is due to the courses offered and the extensive alumni network, which attracts some of the top MNCs as recruiters.
Here are a few courses offered by SIBM Pune; select the right one for you:
Course |
Duration |
Intake (Seats) |
Total Academic Fees |
Eligibility Criteria |
Master of Business Administration (MBA) |
2 years |
180 |
INR 22.20 Lakhs |
|
MBA Executive |
2 years |
60 |
INR 6.60 Lakhs |
|
MBA (Innovation & Entrepreneurship) |
2 years |
60 |
INR 15.90 Lakhs |
|
PGDBM |
2 years; part-time |
NA |
NA |
|
Before turning in the application form for admission at SIBM, the candidates must first check the official SNAP website and register themselves to appear for the exam.
Given below is the step-by-step guide on how to apply for admission to the institute for an MBA:
SIBM Pune determines its cutoff marks based on various categories following the completion of the SNAP test conducted for all 16 Symbiosis Institutes after the SNAP results are declared by Symbiosis International (deemed as a university). Below are the category-wise expected SNAP cutoff marks for SIBM Pune.
Category of students |
SIBM Cut off (Expected) |
Open |
98.01 |
SC |
71.07 |
ST |
35.09 |
DA |
40.75 |
KM |
88.67 |
The final merit list is based on various factors including the SNAP scores and various admission rounds. Here is the weightage of each factor:
Particulars |
Weightage |
SNAP Scores |
50% |
GE (Group Exercise) |
10% |
PI (Personal Interview) |
30% |
WAT (Written Ability Test) |
10% |
Total |
100% |
Get a detailed understanding of the profile of the MBA batch 2022-24, including gender diversity, past work experience, and educational qualifications of the students.
Over 103 recruiters arrived on campus, including 55 new recruiters, from various sectors such as Automotives, BFSI, Manufacturing, Healthcare, etc.
The highest CTC during the recruitment process was noted to be a 28.47% increase compared to last year. A total of 96 pre-placement offers were made this year. Here's the comparison of placement stats for 2023 and 2024 to provide an accurate vision of which colleges are to opt for.
Particulars |
Placements Statistics (2024) |
Placements Statistics (2023) |
Highest Package |
INR 49 LPA |
INR 35.05 LPA |
Average Package |
INR 28.16 LPA |
INR 26.77 LPA |
Average Package of Top 10% |
INR 37.53 LPA |
INR 33.27 LPA |
Average Package of Top 25% |
INR 35.14 LPA |
INR 32.80 LPA |
Average Package of Top 50% |
INR 31.63 LPA |
INR 29.99 LPA |
Median Package |
INR 25 LPA |
INR 24 LPA |
Number of Pre-placement Offers |
96 |
111 |
Number of Recruiters |
103 |
105 |
Number of New Recruiters |
55 |
49 |
In the 2024 placement drive at SIBM Pune, students specializing in Operations received the highest average package compared to all other specializations. Below is a table detailing the statistics for each specialization.
Specializations |
Average Package |
Operations |
INR 30.55 LPA |
Marketing |
INR 28.74 LPA |
Human Resources |
INR 27.14 LPA |
Finance |
INR 25.52 LPA |
If you are considering a career in any of the following listed options, you may want to pursue your post-graduation at SIBM Pune. It is worth noting that these are just the top roles; apart from these, many other roles were available based on student and company demands.
Roles Offered |
||
Consulting |
Credit Risk Management |
Management |
Specialist |
HR Business Partner |
Investment Banking |
Consumer Marketing |
Financial Analytics |
Supply Chain Management |
Students got placement offers across various domains, including Finance, Human Resources, Consulting, Sales & Marketing. Here are some of the recruiters that arrived on campus for your reference:
Recruiters |
||
Godrej |
Pidilite |
Bain & Company |
Amazon |
Flipkart |
Genpact |
ICICI Bank |
Samsung |
Deloitte |
Securing admission to SIBM Pune with a high SNAP percentile is more promising than having lower academic scores. Typically, SIBM Pune sets its cutoff around the 98th percentile for the SNAP exam. The anticipated SNAP cutoff range for SIBM Pune admission in 2023 is approximately 97 to 98.5 percentile.
Gaining admission to SIBM Pune totally depends on your individual career objectives and ambitions. If you are aiming to refine your management expertise, broaden your industry knowledge, and establish valuable professional connections, SIBM Pune presents a favorable opportunity and can prove to be a great choice for your future.
To gain direct admission into the SIBM Pune MBA program, you must score the relevant percentile in the SNAP 2024 exam. The admission process at Symbiosis Institute of Business Management (SIBM), Pune, focuses on the SNAP results along with candidates' performance in the further GE-PI-WAT rounds.
SNAP is generally considered easier than CAT in terms of difficulty level because it has no sectional time limitations. It is a 60-minute exam where each correct answer is awarded 1 mark, with a negative marking of 0.25 marks for every incorrect answer. Overall, SNAP is regarded as a very student-friendly exam.