SIBM Pune: Courses, Fees, Admission 2024, Placements, Ranking

SIBM Pune admission to full-time MBA and MBA in Innovation and Entrepreneurship course is based on SNAP scores 2024. As per last year's trends, SNAP cut off for SIBM Pune must be around 98.5 percentile. SNAP is to be conducted in three phases, first on Dec 10, second on Dec 17 and third on Dec 22. SIBM Pune offers admission to MBA and MBA (I & E) courses on the basis of valid SNAP scores, followed by a GE and PI round. SNAP 2023 Results are expected to be out on Jan 10. For more information regarding SIBM Pune cutoff, click here.

 SNAP cut off percentile for SIBM Pune depends on a number of factors. Some of these are mentioned below:

• Number of seats in a particular institute
• Number of candidates who have appeared for the SNAP exam
• The difficulty level of the exam
• Number of candidates who have passed the exam

The list of recruiters that participated in SIBM Pune MBA placements for the batch 2022-24 is presented below:

Admission to various courses at Symbiosis Institute of Business Management is based on merit and scores of entrance exams. The accepted entrance exam is SNAP. Many students apply for this entrance exams but only those students who study SNAP books, and practice SNAP question papers get the admission. At the postgraduate level, the college offers a two-year MBA (residential and full-time), a 30-month Executive MBA, and various other courses to students. The institute has been ranked 17 under the Management category by the NIRF 2022 and six under the Best Private B School in India category by Outlook for 2023. So it is good to pursue MBA from SIBM, Pune. The top companies taking part in the placement drive at SIBM Pune are Flipkart, Asian Paints, ITC, and others. So the college is good in terms of placement and campus life.

The highest average package offered the MBA batch 2022-24 was in the Operations sector. This was closely followed by the Marketing sector. Check the below table for sector-wise SIBM Pune MBA average package 2023:

Over the past three years of placements (2021 to 2023), year-on-year growth was recorded in the SIBM Pune MBA average package. For a detailed analysis refer to the below infographic showcasing the average package trends:

The above salary trends are depicted in the tabular form below:

The SIBM Pune does consider previous academic records to a limited extent. To be eligible for admission to SIBM, you must have a minimum grade point average of 50% in your previous academic course. However, your SNAP entrance test score will be more important for your admission. The SNAP entrance test is conducted for admission to SIBM. If you scored a high percentile in this entrance test, you will be shortlisted for the Personal Interview rounds. The final merit list is prepared on the basis of the SNAP, and Group Exercise scores. In this, the SNAP scores have a maximum weight of around 50 percent. If you performed well in this selection round, your previous academic records will not impact much on your admission.

SIBM Pune SNAP Cutoff 2024 will be released after the SNAP results are out. The institute accepts SNAP results for MBA admissions. In 2020, the SNAP percentile Cutoff to get PGDM admission was 98.5. 

SIBM Pune XAT Cutoff 2019 was 98.5 percentile in SNAP. 

Looking at the previous year cutoff, the estimated SNAP cutoff for MBA admission is 98-100. 

In order to submit the SIBM Pune application form successfully, candidates are required pay INR 1,000 as the application fee. An application is submitted successfully only after the fee payment. Candidates shall make the payment with a credit card/debit card or through net banking. The fee payment must be done on or before the application deadline.

Tabulated below are the important dates for SIBM Pune cutoff 2023:

The lowest package offered over the past few years is yet to be released officially. However, the other salary details are out on the official website. The SIBM Pune average package and median package have improved year-on-year from 2021 to 2023. On the other hand, a fluctuating trend was recorded in the highest package. The following table represents the Symbiosis MBA placement package trends:

Some of the university scholarships offered at SIBM Pune are the Late Jayatee Deshmukh Scholarship (for SNAP/ SET Female Toppers), Merit Scholarship Scheme for Students from North-East Region (NER), International Scholarships –Post Graduate & Under Graduate, Dr. Anandi Gopal Scholarship Scheme (SMCW), Merit Scholarship for Semester Topper – Post Graduate and Under Graduate, Merit Scholarship for IIT Graduates (Joining MBA programmes of SIU), and others.

Under Symbiosis International (Deemed University), SIBM Pune offers scholarships to various eligible course students as financial assistance. The below-mentioned table reflects on the scholarships (2023-2024) offered by SIBM Pune under SIU:

Note: There are various other scholarships provided by the college. For them, please visit the official website of the college.

The modes of Symbiosis Institute of Business Management admission are online and offline. Admission to various courses is based on merit and scores of various entrance tests. Candidates applying for a full-time MBA course have to register for the SNAP exam. The first step in the application process is to visit the official website and then click on Apply Now tab. Select the course and pay the application fee. Submit the application form. The documents required are Class 12 and Class 10 mark sheets, Transfer certificates, Character certificates, and others.

Candidates shortlisted based one exam score have to participate in the interview round, group exercise, and written ability test. The final selection is based on the candidates overall performance in the selection rounds.

The overall MBA average package for the 2022-24 batch was INR 28.16 LPA. Earlier, the average package stood at INR 26.77 LPA. Looking at the past three years' data (2021 to 2023), an improving trend was recorded in SIBM Pune average package for MBA, which is represented below:

SIBM Pune provides modern amenities with state-of-the-art infrastructure to its students. The facilities include IT Infrastructure, a library, classrooms, accommodation, an auditorium, healthcare, cafeteria & mess, sports facilities, recreation facilities, and others. The candidates can visit the campus themselves and see what all facilities are being offered by the Symbiosis Institute of Business Management.

Yes, Symbiosis Institute of Business Management is definitely a good option for pursuing an MBA degree. As per the National Institutional Ranking Framework (NIRF) 2023, SIBM Pune was ranked 17 in the Management category. It was also ranked 1 position by the Times ranked colleges in Pune in 2022. Talking about SIBM Pune placements, the highest and average package offered in 2022 was INR 35.05 LPA and INR 26.77 LPA, respectively. An increase of nearly 50% was observed in the highest package offered during placements 2021 when compared to 2020. So, yes SIBM Pune is worth for pursuing an MBA course. 

The executive MBA programme course of SIBM Pune is exclusively designed for professionals with at least one year of work experience. For admission, candidates must meet the eligibility criteria and have to go through an interview round. Businesses are eager to hire a professional with a significant amount of expertise and experience, according to placement trends. Hence, professionals can boost their professional journey with an executive MBA degree. 

As per the latest report, the SIBM Pune MBA average package for batch 2022-4 stood at INR 28.16 LPA. Further, the average package for the top 10% and top 25% of MBA offers was INR 37.53 LPA and INR 35.14 LPA, respectively. The table below depicts the SIBM Pune average package for 2023: