International Institute of Business Studies Bangalore Answered Questions

The highest package offered to the 2024 passing out PGDM batch was INR 48 LPA. The table below depicts the IIBS Bangalore highest package 2024 for PGDM and MBA:ParticularsPlacement Statistics (2024)Highest package- INR 48 LPA (PGDM)- INR 47 LPA (MBA)

Take a look at the table below for a detailed analysis of IIBS Bangalore average package trends for past three years of PGDM placements:ParticularsPlacement Statistics (2022)Placement Statistics (2023)Placement Statistics (2024)Average packageINR 8.70 LPAINR 8.60 LPAINR 9.15 LPA

Yes, IIBS Bangalore has a refund policy for fees, but the specifics can vary based on the circumstances and timing of the refund request. Generally, if a student withdraws before the course starts or within a certain period after enrollment, they may be eligible for a partial refund. It's best to check the official IIBS Bangalore website or contact their admissions office directly for the most accurate and detailed information regarding their refund policy.

The fee structure for the MBA programme at the International Institute of Business Studies (IIBS) in Bangalore consists of various components, including tuition, placement training, alumni life membership, library fees, and uniform costs.Tuition: The overall tuition fee for the two-year MBA programme totals INR 9,00,000.Placement Training: This fee is set at INR 12,000 per year and is included in the second and third installment payments.Alumni Life Membership: A one-time fee of INR 10,000 is required at the time of admission.Library Fee: This is a one-time fee of INR 5,000, also payable at the time of admission.Uniform Fee: Similarly, a one-time fee of INR 6,000 is due at the time of admission.Furthermore, graduates of the MBA in International Business programme typically earn an average salary ranging from INR 9 LPA to INR 14 LPA.

International Institute of Business Studies (IIBS) is generally considered a reputable institution and is tier 2 college. IIBS is approved the AICTE and is recognised by the Ministry of Education, Government of India. The institute is accredited by NAAC with Grade A. Further, IIBS Bangalore is also ranked three among the 100 top MBA Colleges in India Survey 2021 by The Higher Education Review.

The management courses offered by the IIBS Bangalore are MBA, PGDM, and BBA. As of placement, the performance of the institute is quite decent, and job offers offered annual package of INR 5,50,000 & the highest salary package was of INR 14,00,000. The fee structure to attain the MBA requires around INR 7,00,000 for two years, The fees to get the PGDM degree one requires around INR 6,50,000 for two years. IIBS Bangalore has a faculty-student ratio of 1:10 and a campus covering an area of 2 acres. The institute also provides scholarships to deserving students with an option of 100% tuition fee discount. However, it is crucial to look up the pros and cons before getting one.

To apply for the Post Graduate Diploma in Management (PGDM) at the International Institute of Business Studies (IIBS) Bangalore, you need to meet the eligibility criteria of having a graduation degree with at least 50% marks from a recognised university. IIBS does not require an entrance exam for admission, but you must submit the completed application form along with the necessary documents, including your academic transcripts and identity proof. The application process can be completed online through their official website. After submission, you may be called for a personal interview or group discussion.IIBS offers a wide range of PGDM specializations, including Marketing, Finance, Business Analytics, International Business, and others. The programme is designed to equip students with both theoretical knowledge and practical skills needed in the business world. 

And it may be said that both these institutes IBA, Bangalore, and IIBS, Bangalore have good placements; however, they vary widely in their overall statistics as well as sectors.The placements at IBA, Bangalore registered 100% in the year 2023 with the highest salary offered to any student from Rs 22.26 LPA. The figures avail the average of the top 10 percent students at Rs 12.52 LPA. Top recruiters like Deloitte, PWC, and FedEx participated. Sectors like Banking, Finance, FMCG, and IT have significant coverage for IBA.IIBS Bangalore, in fact, recorded 100% placement like IBA, but this has the highest being Rs 51 LPA and average being around Rs 9 LPA. Their placements are diversified, with many reputed names entering the portal, like Mashreq Bank, Citi Bank, etc. They have very well placement support activities in facilitation of various preparatory programs for the students.From the perspective of salary potential, IBA Bangalore is seen as offering higher packages, especially in the upper percentiles. However, IIBS Bangalore also provides quite good placement opportunities as it generally brings in many international recruiters for its students.So, one should go with the decision taking into account the desired industry sectors, preferred locations, and salary expectations.