LBSIM - Lal Bahadur Shastri Institute of Management Dwarka Delhi Answered Questions

Lal Bahadur Shastri Institute of Management (LBSIM) is among India’s premium private business schools.  Also, LBSIM is ranked among India’s top 20 private business schools (AICTE approved) by nation’s leading media houses. The institute is powered by 45+ PhD faculty, 7000+ alumni and 100+ corporates. It providesexcellent placements to its students by its 100+ recruiter.

LBSIM has a good record of placements for its PGDM courses. During LBSIM placements 2024, the participating recruiters placed 85% of PGDM batch 2024 students in various sectors with handsome packages. The key highlights of LBSIM placements for the Class of 2023 and 2024 are tabulated below:ParticularsPlacement Statistics (2023)Placement Statistics (2024)the highest packageINR 24.75 LPAINR 16.67 LPAAverage packageINR 12.42 LPAINR 12.24 LPATotal PPOs3938Total recruiters50+102New recruitersNA59Placement rate100%85%Note: The placements are ongoing for the year 2024. The data presented above for 2024 is updated till March 31, 2024, it may vary once the final placement report for 2024 is out.

{Source: MBA/PGDM students & alumni}Pros* 100% placement record with top companies like Asian Paints, Deloitte, EY, and Smartcub offering packages ranging from 12.2 Lacs to 22 lakhs* Well-qualified and experienced faculty members with Ph.D. degrees from renowned institutions* Excellent infrastructure with modern amenities like Bloomberg Lab, library, and state-of-the-art classrooms* Strong corporate connections and networking opportunities* High-quality training and development programs to equip students with industry-ready skillsCons* Small campus size, which may limit social interaction and extracurricular activities* Limited hostel facilities, requiring students to stay in off-campus accommodations* Quality of food and mess facilities could be improved* Limited recreational spaces and sporting facilitiesStudent Feedback* Faculty members are knowledgeable and helpful, providing quality education and guidance* Course curriculum is relevant and industry-focused, preparing students for corporate life* Placements are strong, with almost all students securing jobs before graduation* Networking opportunities are numerous, allowing students to connect with industry leaders and peersOverall, LBSIM appears to be a good option for students seeking a high-quality MBA/PGDM programme with strong placements and industry connections. However, potential students should consider the limitations mentioned above, particularly the campus size and hostel facilities.

{Source: MBA/PGDM students & alumni}Placement Cell for MBA/PGDM at LBSIMHere's how the Placement Cell at Lal Bahadur Shastri Institute of Management (LBSIM) assists students in getting placed:* Excellent Placement Record: According to students' reviews, the placement record of LBSIM is impressive, with nearly 100% placement rate.* Strong Industry Interface: The college has a strong network of industries, allowing students to interact with professionals and gain practical knowledge.* Regular Campus Recruitments: Companies like Deloitte, EY, Asian Paints, Darashaw, Dee Shaw, and KPMG regularly recruit students from LBSIM.* Summer Internships: Students can opt for summer internships, which provide hands-on experience and expose them to real-world challenges.* Job Profiles: Job profiles offered by LBSIM range from Process Head to Consultant, Business Development Head, and Managers, among others.* Supportive Faculty: The faculty members are actively involved in guiding students through the recruitment process and providing career guidance.* Student-Driven Clubs: Student-run clubs like the Finesse Club, Entrepreneurship Cell, and Nivesh Club offer opportunities for students to develop skills and build connections.* Industry-Oriented Curriculum: The course curriculum is designed to equip students with industry-specific skills and knowledge, making them employable upon graduation.Overall, the Placement Cell at LBSIM plays a vital role in helping students secure promising careers after graduation.

Delhi School of Business and LBSIM - Lal Bahadur Shastri Institute of Management both are renowned universities for MBA/PGDM. However, in terms of affordability, Delhi School of Business is a better option since the total tuition fee for Delhi School of Business is INR 975,000 - INR 990,000 and the total tuition fee for MBA/PGDM at LBSIM - Lal Bahadur Shastri Institute of Management is INR 570,000 - INR 1,390,000.
In the total fees that students generally end up paying the university or the college, various other components are also included, such as the exam fee, application fee, lab and other charges.

The average salary package received by students after completing MBA/PGDM from Masters' Union is INR 3,310,000. While, the average salary offered by LBSIM - Lal Bahadur Shastri Institute of Management after completion of MBA/PGDM is INR 1,242,000. Basis these stats, Masters' Union is a better option compared to LBSIM - Lal Bahadur Shastri Institute of Management on the average salary parameter.

The median salary package offered to the students after finishing MBA/PGDM from Masters' Union is INR 3,310,000. While, the Median package offered by LBSIM - Lal Bahadur Shastri Institute of Management after completion of MBA/PGDM is INR 946,524. Basis these stats, Masters' Union is better option compared to LBSIM - Lal Bahadur Shastri Institute of Management on the Median salary parameter.

According to the information available for 2023, the placement rate for the MBA course at Lal Bahadur Shastri Institute of Management is 100%. With more than 50 companies visiting, many popular recruiters offer a handsome package. The highest package offered is INR 24.75 LPA. However, the average package is INR 12.42 LPA. 

The Fellow Program in Management at Lal Bahadur Shastri Institute of Management has a total tuition fee of INR 4L. The median salary for the same course is INR 10.8 LPA, and the highest salary is INR 25.91L. The total number of seats provided is 20. However, if you need hostel accommodation, it might cost you around INR 7.68L, with no meals included. Selection criteria is determined through the cutoff of entrance exams such as CAT/ GMAT/ UGC-NET. 

To be admitted to the Fellow Program in Management at Lal Bahadur Shastri Institute of Management, taking exams such as CAT/GMAT/UGC-NET is mandatory. The candidate must also have passed a Master's or an equivalent degree in Management /Economics/ Social Science/ Commerce with a minimum of 60% aggregate marks. Also, the maximum age limit is 45 years on the closing date of the application.However, taking exams such as WAT/ Extempore, GD, and PI for part-time work in PGDM would be best. Eligibility for same is to pass graduation in any discipline with a minimum of two years of work experience at an executive level.