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Pune, Maharashtra

SIBM: Symbiosis Institute of Business Management, Pune

by Tanaya Ahirrao 513 June 13, 2024

About SIBM Pune

The Symbiosis Institute of Business Management (SIBM), Pune, is a part of the Symbiosis International Deemed University (SIU). It was established under section 3 of the UGC Act 1956 reaccredited by NAAC with 'A++' It has been ranked on the 17th position in the 'Management Institutions' category by NIRF 2023.

 
Full NameSymbiosis Institute of Business Management, Pune
Mottoवसुधैव कुटुम्बकम्
Meaning of MottoThe Whole World is a Family
Constituent ofSYMBIOSIS INTERNATIONAL (DEEMED UNIVERSITY)
TypePrivate Business School
Established in1978
Address

Symbiosis Institute of Business Management, Constituent of Symbiosis International (Deemed University)

Gram: Lawale, Taluka: Mulshi, District: Pune ,Maharashtra-412115

Affiliated toUGC, SIU
Official Websitehttp://sibm.edu
Phone 020- 28116000 / 020-61936000
Official Email ID info@sibmpune.edu.in

History of SIBM Pune

The campus is located on a beautiful hilltop campus away from the polluted areas of the city. It is the first college to be set up under the Symbiosis Society in the year 1978. With the old campus at Senapati Bapat Road in Pune, the city is often referred to as the Oxford of the east due to its status of being the cultural and educational capital of Maharashtra.

SIBM Pune Rankings


SIBM Pune is one of the top premier  B-schools in India consistently ranked among the top 10 B-schools in the country SIBM Pune is a member of EMFD & EMFD Global Network. SIU has been ranked amongst top 50 universities in India by NIRF, Government of India. The University has also been ranked among the top 250 University in Asia and top 150 in BRICS by QS World University rankings survey 2018. SIBM Pune has been ranked in the management category among all the B-schools in India by National Institute Ranking Framework (NIRF), Government of India in 2023. The institute was also awarded with a 'Gold Star' by the QS Star University Rating 2018.

Vision

  • Promoting international understanding through quality education

Mission

  • to inculcate the spirit of Vasudev Kutumbakam the world is one family
  • to contribute towards knowledge generation and dissemination
  • to promote ethical and value based learning
  • to faster the spirit of national development

Courses Offered by SIBM Pune

Following programmes are offered by SIBM Pune:

  • A two years full time MBA programme with options to specialize in Marketing, Finance, Operations and Supply Chain Management, Human Resource and Data Analytics
  • A two year full time MBA programme in Innovation and Entrepreneurship
  • A two year fully residential MBA programme in Leadership and Strategy
  • Executive MBA programme for working professional offered during weekends
  • Management Development Programmes for corporates as per the requirements of the corporate houses

MBA

The two-year full-time residential MBA is SIBM Pune's flagship programme, spread across four semesters and offering specialisations in Marketing, Human Resource Management, Finance, Operations and Supply Chain Management and Data Analytics. The structure of the programme is designed to give students the best in industry exposure and a nurturing classroom environment, to help them become the leaders of tomorrow, in the specialisation of their choice.

Specializations Offered

1. Marketing

A focused course structure equips those interested in this field with the skill set needed to understand, interpret and apply marketing concepts in live corporate scenarios. The students learn the practical applications of marketing principles through case studies, seminars, workshops, guest lectures and research projects.

2. Human Resource

This course provides students with the skills required for successful human capital management. It familiarizes them with current corporate practices in the line. The course focuses on interpersonal and people management skills, to enable students to transcend the scope of Human Resource Management and become Strategic Business Partners.

3. Finance

This specialisation is designed to provide students with a strong base in applied financial management. It helps them in sound financial decision-making, providing a deep understanding of the financial aspects of the economy and the corporate world. The quantitative and analytic skills of the students are enhanced in the process.

4. Operations and Supply Chain Management

Supply Chain Management, Logistics and Distribution networks have become huge differentiating factors for an organisation as it competes in the market. The course structure at SIBM Pune ensures that technological knowhow in these lines is integrated with current industrial practices to equip students to deliver beyond standard service levels for the businesses to grow further.

5. Data Analytics

Managing large volumes of Data successfully has been identified as a critical skillset for the growth of a business organization. This specialization will equip the students with techno-commercial expertise to analyze Data. The students would also gain the ability to communicate quantitative findings to technical and non-technical business clients.

MBA in Innovation & Entrepreneurship

The Indian government has proclaimed 2010–20 as "India’s Decade of Innovation," and businesses are beginning to demand that their staff members show an entrepreneurial spirit. Furthermore, there is a rise in the quantity of management graduates who ultimately choose to pursue entrepreneurship. It is becoming more and more obvious that managers who can conceptualize and carry out creative projects that improve the top and bottom lines of their businesses will be the only ones added to the leadership pipeline.
Furthermore, SIBM Pune's successful operation of the Diploma in Innovation Corporate Entrepreneurship (DICE) provides enough experience. To sum up, sufficient demand exists for such an MBA programme and SIBM is also ready with a suitable programme based on its two-year experience of running DICE.

Executive MBA

The Symbiosis Institute of Business Management (SIBM) in Pune has developed the MBA (Executive) curriculum especially for working executives who are at a more advanced stage of their careers. This curriculum is specifically designed for professionals who want to get a distinct advantage in terms of knowledge and skills for their personal and professional development.

A demanding curriculum laced with innovative pedagogy helps learners build a more expansive viewpoint and a higher degree of confidence. Through a greater grasp of general and specialised courses, this formalizes their knowledge of addressing real-world business difficulties and helps them hone their technical, behavioural, and leadership abilities. Equipped with the ability to critically analyse and the wisdom to challenge assumptions in business, the participants are prepared to take the next stage in their career.

The curriculum is tailored to each participant's needs in order to accommodate job and school obligations. The classes are held on the weekends.

Highlights of the programme

  • Convenient timings: offered on weekends (Sat & Sun) in the scenic Lavale campus of SIBM Pune. There's no need to take time off work.
  • Choices for Specialisation: The following areas are among the major and minor specialisations offered by the programme:
    Note: If lesser than 10 students are registered in a specialty, it may not be possible to offer the specialisation.
  1. Information Technology
  2. Supply Chain Analytics
  3. Marketing
  4. Finance
  5. Operations

The primary goal of marketing specialisation is to transmit the information and abilities required to comprehend, analyse, and implement marketing principles in real-world business

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Exams Accepted by SIBM Pune

The Symbiosis National Aptitude Test (SNAP) is the only entrance test that is approved for admission to the MBA programmes at SIBM Pune.

  • The Symbiosis National Aptitude Test, or SNAP for short, is a prerequisite test for enrollment in any MBA programme given by Symbiosis International (Deemed University) institutions, including SIBM Pune.
  • For MBA admissions, SIBM Pune does not accept the CAT, XAT, GMAT, or MAT, or any other national management entrance test.

Fees of SIBM Pune

MBA Fee Structure

Installments for MBA (Indian students)1st Year (Amount in ₹ )2nd Year (Amount in ₹ )

1st

Installment

2nd Installment3rd Installment4th Installment
Academic Fees (Per Annum)6,05,0006,05,0006,05,0006,05,000
Institute Deposit (Refundable)20,000---
Hostel Deposit (Refundable)15,000---
Hostel Fees *65,00065,000****
Mess Fees (Per Annum)47,25047,250****
Installments7,52,2507,17,250  
Installments pay by dateAt the time of Admission25-Nov-202425-Jun-202525-Nov-2025

Note: *Hostel and Mess Fees can be increased up to 10% each year. Government taxes would be additional as and when applicable.
**Hostel and Mess Fees for the subsequent year would be communicated before commencement of the next academic year.

MBA Innovation and Entrepreneurship Fee Structure

Installments for MBA - I & E (Indian students)1st Year (Amount in ₹ )2nd Year (Amount in ₹ )

1st

Installment

2nd Installment3rd Installment4th Installment
Academic Fees (Per Annum)4,30,0004,30,0004,30,0004,30,000
Institute Deposit (Refundable)20,000---
Hostel Deposit (Refundable)15,000---
Hostel Fees (Per Annum) *65,00065,000**-
Mess Fees (Per Annum)47,25047,250**-
Installments5,77,2505,42,250  
Last date of paymentAt the time of Admission25-Nov-202425-Jun-202525-Nov-2025

Note:
* Hostel and Mess Fees can be increased up to 10% each year. Government taxes would be additional as and when applicable.
**Hostel and Mess Fees for the subsequent year would be communicated before commencement of the next academic year

Executive MBA Fee Structure

Installments for MBA (Executive) (Indian students)1st Year (Amount in ₹ )2nd Year (Amount in ₹ )

1st

Installment

2nd Installment3rd Installment4th Installment
Academic Fees (Per Annum)173,250173,250173,250173,250
Institute Deposit (Refundable)10,000---
Installments1,83,250173,250173,250173,250
Installments pay by dateAt the time of Admission25-Nov-202425-Jun-202525-Nov-2025

Notable Alumni of SIBM Pune

Melwyn O. RegoFormer CEO of Bank of India, Head-International Banking at IDBI Bank
Ashish BaggaIndia Today Group (Group CEO), Business Standard Digital (President & CEO) and the Hindustan Times Group (Director - Marketing)
Piyush Vakil Head of Martech Strategy and Enablement at JPMorgan Chase & Co.
Pooja SoodCurator and Art Management consultant Founding member and Director of KHOJ International Artist's Association.
Ritu AnandGlobal Head HR, TCS

Frequently Asked Questions (FAQs)

Q. Is it very difficult to get into SIBM Pune?

A. The SNAP is generally considered easier than CAT in terms of the difficulty level of exam. However, a strong SNAP percentile demonstrates your commitment to learning and increases your chances of getting selected for SIBM's interview phase.

Q. Is SIBM Pune worth joining?

A. Yes, SIBM Pune is widely regarded as one of the top management institutes in India. It offers a comprehensive curriculum, experienced faculty, excellent infrastructure, and strong industry connections. The placement record is also impressive, with many top companies recruiting from the campus, making it a worthwhile choice for MBA aspirants.

Q. What is the fees of MBA in SIBM Pune?

A. The fee structure for the MBA program at SIBM Pune is approximately INR 14-21 lakhs for the entire course. This includes tuition fees, hostel fees, and other charges. You can check the official SIBM Pune website for the most accurate and updated fee details.

Q. Is SIBM Pune a Tier 1 B-school?

A. Yes, SIBM Pune is considered a Tier 1 B-school in India. It consistently ranks among the top management institutes in various national rankings, reflecting its high academic standards, robust placement record, and strong industry reputation.

Q. Can I get into SIBM Pune without SNAP?

A. No, SNAP is a mandatory entrance exam for admission to SIBM Pune. The institute considers the SNAP score as a crucial part of its selection process, which includes subsequent rounds of group discussions, written ability tests, and personal interviews. Therefore, taking and performing well in SNAP is essential for securing admission to SIBM Pune.

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