IIM Bangalore's incubation hub to get Rs 10 cr to upgrade infra
IIM Bangalore
The central government has decided to allot Rs 10 crore to Indian Institute of Management Bangalore (IIMB) for expansion and upgradation of its incubation hub.
NITI (National Institution for Transforming India) Aayog, the central government’s policy think-tank has decided to grant IIMB’s NS Raghavan Centre for Entrepreneurial Learning (NSRCEL), the incubation and entrepreneurship centre, Rs 10 crore as a scale-up support.
“In addition to helping start-ups, we will be using these funds to help SMEs and family businesses professionalize and scale their operations. In addition to incubation facilities, we plan to train entrepreneurs by using a blended learning approach, which uses both online and offline classroom training. Since IIMB already has over 20 online courses, it would be easy for NSRCEL to reach out to a large number of ventures,” Suresh Bhagavatula, Chairperson, Entrepreneurial Ecosystem Development, NSRCEL at IIM Bangalore said.
NSRCEL is one of the six incubation centres in India to receive financial aid under the Atal Innovation Mission, the union government's endeavour to promote a culture of innovation and entrepreneurship by serving as a platform for promotion of world-class innovation hubs, start-up businesses and other self-employment activities.
NITI Aayog received 232 entries from all over India under this scheme out of which 17 were shortlisted. Out of those 17, six were finalized after in-depth review.
NSRCEL was set up in the year 2002 with a vision to train and assist young entrepreneurs in setting up their business ventures.
The centre currently offers two programmes, Management Programme For Women Entrepreneurs and Management Programme For Entrepreneurs And Family Businesses.
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Student Forum
Anything you would want to ask experts?Answered 2 weeks ago
The top courses offered by IIM Bangalore include PGP, PGPBA and EPGP programs. PGP and PGPBA programs are meant for Graduates with zero work experience whereas EPGP program is for students with work experience. In terms of placements, both the programs, PGP and EPGP offer good placements. Now, it is
A
Contributor-Level 6
Answered 2 weeks ago
Consulting sector emerged as the top recruiting sector that made 42% of the total offers during PGP and PGPBA placements 2024. The Consulting sector was followed by BFSI sector wherein 16% of the total offers were made.
M
Contributor-Level 6
Answered 2 weeks ago
A total of 230 offers out of 601 total offers were made by the Consulting sector during PGP and PGP BA summer placements for the batch of 2024-26. Earlier, Consulting sector contributed 26% offer distribution during PGP and PGP BA summer placements for the batch of 2023-25.
K
Contributor-Level 10
Answered 2 weeks ago
The key highlights of PGP and EPGP placements over the past three years at IIM Bangalore are presented below:
Particulars | PGP and PGPBA Placement Statistics (2022) | PGP and PGPBA Placement Statistics (2023) | PGP and PGPBA Placement Statistics (2024) |
|---|---|---|---|
Average package | INR 33.82 LPA | INR 35.31 LPA | INR 35.92 LPA |
Median package | INR 31.2 LPA | INR 33 LPA | INR 32.5 LPA |
Offers made | 662 | 606 | 572 |
Companies visited | 137 | 164 | 163 |
PPOs offered | 273 | 291 | 247 |
International offers | 6 | 14 | 29 |
Total students | 524 | 512 | 517 |
Particulars | EPGP Placement Statistics (2022) | EPGP Placement Statistics (2023) | EPGP Placement Statistics (2024) |
Average package | INR 30.9 LPA | INR 33.07 LPA | INR 34.33 LPA |
Median package | INR 30 LPA | INR 32.21 LPA | INR 33 LPA |
Companies visited | 30 | 27 | 29 |
Offers made | 71 | 70 | 70 |
Total students | 75 | 75 | 75 |
D
Contributor-Level 6
Answered a week ago
IIM-B's NSRCEL centre requires the following for the Goldman Sachs 10000 Women programme.
You have to be a senior leader of your business or be the owner or co-owner
At least 1 year of business existence is necessary
You need to have access to external capital for your business
Your business must have
S
Contributor-Level 10
Answered 2 weeks ago
The list of top recruiters during IIM Bangalore PGP placements is presented below:
Company Name | PGP + PGP BA Offers Made (2024) |
|---|---|
Accenture GN | 48 |
McKinsey & Company | 21 |
Boston Consulting Group | 14 |
Oliver Wyman | 11 |
EY Parthenon India | 10 |
TCS Management Consulting | 9 |
American Express | 9 |
Bain & Co | 8 |
Kearney GC | 7 |
Infosys Consulting | 7 |
Further, the list of top recruiters during IIM Bangalore EPGP placements 2024 is presented below:
Company Name | EPGP Offers Made (2024) |
|---|---|
Accenture | 10 |
Genpact | 8 |
Nucleus Software | 4 |
Zomato | 4 |
Merilytics | 3 |
Persistent Systems | 3 |
RPG | 3 |
Samsung Electronics | 3 |
N
Contributor-Level 6
Answered 2 weeks ago
Consulting sector emerged as the top recruiting sector that made 42% of the total offers during PGP and PGPBA placements 2024. Further, 36% of the total offers made by the Consulting sector for EPGP programs in 2024.
P
Contributor-Level 6
Answered 2 weeks ago
A total of 58 offers out of 601 total offers were made by the FMCG sector during PGP and PGP BA summer placements for the batch of 2024-26. Earlier, FMCG sector contributed 11% offer distribution during PGP and PGP BA summer placements for the batch of 2023-25.
N
Contributor-Level 6
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