Symbiosis Institute of Business Management, Symbiosis International, Nagpur
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SIBM Nagpur Symbiosis Institute of Business Management- Nagpur

  • A+ NAAC accredited
  • Private Institute
  • Estd. 1971
Dark Clock Icon Last updated on 25 Oct '24

SIBM Nagpur
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Symbiosis Institute of Business Management- Nagpur Fees 2023

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CoursesTuition FeesEligibility
MBA/PGDM(2 courses)
10.5 L - 16.3 L
Graduation : 50 %
Exams : SNAPMAH CET
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Commonly asked questions
On Fees and Eligibility

Q:   Is SIBM Nagpur a good college for MBA?

A: 

Yes, SIBM Nagpur is a good college for MBA. Symbiosis Institute of Business Management, Nagpur has won the third Asia Pacific Education and Technology Award in 2020. It is also a member of the EFMD & EFMD Global Network and is one of the top B-schools in India. SIBM Nagpur, also known as SIBM Nagpur, is a constituent institute of Symbiosis International Deemed University (SIU), Nagpur which is ranked 38 by NIRF 2021 in the University category. The institute was approved by UGC and is accredited with an A Grade by NAAC.

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Q:   Why MBA is considered as the top course at Symbiosis Institute of Business Management- Nagpur?

A: 

MBA is considered as the top course at Symbiosis Institute of Business Management- Nagpur because Symbiosis Institute of Business Management Nagpur's MBA programme is highly prefered for its comprehensive curriculum, experienced faculty and strong industry connections. It focuses on the practical skills leadership development and provides networking opportunities, making it a top choice for those appearing to excel in business world. As it's a best B-school in Maharashtra.

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Q:   How do I get admission to MBA at SIBM Nagpur?

A: 

Admission to SIBM Nagpur for an MBA is through the Symbiosis National Aptitude Test. The test is held annually in November-December, and the entire process is online. The website offers the application link up until the deadline, where a student can fill up their application form. Those candidates who are shortlisted further face group exercises, interviews, and a written ability test. Admission is then done on merit, seat allotment, and payment of fees.

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Q:   Is it worth taking admission at SIBM Nagpur in 2025?

A: 

Yes, it can be worthwhile for those dreaming to join SIBM Nagpur for 2025. High standard infrastructures and a strong reputation in management education attract many to join the institute with around 98% high placement rate. Moreover, top recruiters are paying up to 26 LPA with an average package of 8-9 LPA. There are well-structured placement drives, quality education, and comprehensive learning environments in SIBM Nagpur that make it a solid alternative for MBA aspirants.

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Q:   Who all are eligible for MBA at Symbiosis Institute of Business Management- Nagpur?

A: 

Either graduation is a 3 year course or a 4 year course, doesn't matter. Simply, it's just that candidates must have completed their graduation.

For an MBA or we can say for any master's degree, a candidate must have completed their graduation from any certified university or institution of National Importance with a minimum eligibility of 50% for general category ones and 45% for Scheduled caste / scheduled tribes.

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SIBM Nagpur
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Showing 1 Program
8 LPA
10.5 L - 16.3 L
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SIBM Nagpur 
Admission FAQs

Q:   What is the highest package for MBA students at Symbiosis Institute of Business Management- Nagpur, Symbiosis International?

A: 

The highest reported package for MBA students at Symbiosis Institute of Business Management (SIBM) Nagpur during the 2023 placement season was INR 18 Lakhs per Annum (LPA) (approximately USD 22,000), according to sources like Shiksha, and the SIBM Nagpur website. However, this is not representative of the average salary package offered to all graduates, which is reported to be around INR 11.2 LPA - INR 11.5 LPA (approximately USD 14,000 - USD 14,300). As SIBM Nagpur is a relatively new institute, there is limited data available regarding placement trends, so long-term data can offer a more comprehensive understanding of typical placement outcomes.

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Q:   Is Symbiosis Institute of Business Management- Nagpur, Symbiosis International a good college for MBA?

A: 

The Symbiosis Institute of Business Management (SIBM) Nagpur is a well-respected institution for MBA students in India. It is part of the well-established Symbiosis International University, which has a strong reputation in management education. The institute is accredited by NAAC with a Grade A+ rating, indicating good academic quality. It has a good placement record with high rates and competitive salary packages for MBA graduates. The institute has experienced and qualified faculty members. However, it is relatively new, established in 2019, and its tuition fees may be higher than other Indian MBA colleges. The "goodness" of a college depends on individual priorities and preferences, such as programme specializations, location, class size, campus life, and scholarship opportunities. To explore further, visit the SIBM Nagpur website and review the rankings on websites like Shiksha  Choosing the right college is a personal decision, and it is essential to research and assess options based on individual needs and aspirations.

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Q:   Can students with a minimum cutoff for MBA get a seat at Symbiosis Institute of Business Management- Nagpur?

A: 

Yes, students with a minimum cut off for MBA can get a seat at Symbiosis Institute of Business Management- Nagpur. But in my opinion, for a safer side every candidate must try to score a little more to the eligibility so that the cut off is too high or too low doesn't matter to you. 

Since cut off is released after the declaration of the scores of the students, it is difficult to make a conclusion that whether cut off is high or low. So, I think you should try to score as much as possible.

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Q:   Is pursuing MBA at Symbiosis Institute of Business Management- Nagpur, Symbiosis International expensive?

A: 

The cost of pursuing an MBA at Symbiosis Institute of Business Management (SIBM) Nagpur is relatively expensive compared to other Indian universities. As of March 2024, the total tuition fees for the MBA programme are around INR15.5 Lakh (approximately USD 19,000). This falls within the range of other private MBA colleges in India. Additional factors to consider include living expenses in Nagpur, which are generally lower compared to larger metropolitan cities, and scholarships offered by SIBM Nagpur based on merit, need, and specific categories like women and defense personnel. The return on investment (ROI) of the programme may be seen as a worthwhile investment if it helps secure a high-paying job after graduation. The cost of pursuing an MBA at SIBM Nagpur depends on individual financial situation, priorities, and career goals.

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Q:   How much does MBA at Symbiosis Institute of Business Management- Nagpur cost?

A: 

The total tuition fee for the MBA at the Symbiosis Institute of Business Management (SIBM Nagpur) is Rs 10 Lacs - Rs 15.5 Lakh.

Whereas, if we have a look on the fee structure then it seems as follows- 

• Academic Fees (Per Annum) - Rs 5,55,000

• Institute Deposit (Refundable) - Rs 20,000 

• Hostel Deposit (Refundable) - Rs 15,000 

• Hostel Fees ( triple occupancy) - Rs 59,000

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Q:   What is the latest cutoff information for admission to MBA at Symbiosis Institute of Business Management- Nagpur, Symbiosis International?

A: 

The Symbiosis Institute of Business Management (SIBM) Nagpur does not release official cutoffs for its MBA programme based on the SNAP entrance exam. Instead, factors such as SNAP score, academic performance, and Group Discussion and Personal Interview (GD & PI) round are considered during the selection process. While sources like  Shiksha mention an expected SNAP score range of 55-65 percentile for the General category for the 2023 admissions cycle, this information is a reference point but does not guarantee admission. Therefore, focusing solely on a specific SNAP score may not be the best strategy. Instead, it is crucial to develop communication and soft skills for a holistic application.

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Q:   Are MBA placements at Symbiosis Institute of Business Management- Nagpur, Symbiosis International good?

A: 

The Symbiosis Institute of Business Management (SIBM) Nagpur has a high placement rate, with a nearly 100% success rate, according to sources like Shiksha. The average salary package for graduates is competitive, with an average of INR 11.2 LPA - INR 11.5 LPA (approximately USD 14,000 - USD 14,300). Top recruiters for placements include Deloitte, KPMG, Adani Group, Kotak Mahindra Bank, and Delhivery. However, the institute is relatively new, established in 2019, and the 2023 batch placement reports are still in its early stages. The reported average salary represents an average across the entire batch, with individual student packages varying significantly based on factors like academic performance, specialization, and company selection. The BFSI/NBFC sector was the top recruiter in 2023, accounting for nearly half of the placements. It is important to consider other factors when choosing an MBA program, such as programme curriculum, faculty quality, learning environment, and personal career goals.

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Q:   Can I get admission to Symbiosis Institute of Business Management- Nagpur for MBA with 60% in Class 12th?

A: 

For the admission of candidates in Symbiosis Institute of Business Management - Nagpur, it is compulsory to have an eligibility criteria of 50% or more for general category ones and 45% or more for ST / SCs in their graduation. 

No matter whatever their percentage is in 12th standard they would get admission if they score good in their graduation and complete the eligibility criteria.

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Q:   Which is the best course among the courses offered by Symbiosis Institute of Business Management- Nagpur, Symbiosis International?

A: 

The best option depends on your individual goals and interests.

 Nagpur has the unique advantage for being situated in the upcoming educational hub of Maharashtra and in the vicinity of MIHAN Project of Government of Maharashtra, with a huge Special Economic Zone alongside

SIBM Nagpur offers 5 MBA specializations which are Marketing Management, Financial Management, Human Resource Management, Logistics, Supply Chain Management and Business Analytics.

Other Branch:

  • Bachelor of Arts & Bachelor of Laws (B.A.LL.B.), SLS Pune.
  • Bachelor of Business Administration & Bachelor of Laws (B.B.A. LL.B.), SLS Pune.
  • Bachelor of Laws (LLB), SLS Pune.
  • Bachelor of Arts & Bachelor of Laws (B.A.LL.B.), SLS NOIDA.
  • Bachelor of Business Administration & Bachelor of Laws (B.B.A. LL.B.), SLS NOIDA.
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Q:   Is SIBM Nagpur worth joining?

A: 

The institute has a good placement record. Looking at the past three years' salary details, the highest and average packages offered to MBA students have been fluctuating. Likewise, a fluctuating trend was recorded in the median package. The following table depicts the SIBM Nagpur placement trends for better understanding:

ParticularsPlacement Statistics (2022)Placement Statistics (2023)Placement Statistics (2024)
Highest packageINR 25.60 LPA (MBA)INR 18 LPA (MBA)

- INR 20 LPA (MBA)

- INR 18 LPA (MBA FABM)

Average packageINR 8.33 LPA (MBA)INR 9.02 LPA (MBA)

- INR 8.45 LPA (MBA)

- INR 8.60 LPA (MBA FABM)

Median packageINR 7.60 LPA (MBA)INR 9 LPA (MBA)

- INR 8 LPA (MBA)

- INR 7.20 LPA (MBA FABM)

Top 10% packageINR 17.04 LPA (MBA)INR 14.43 LPA (MBA)

- INR 13.07 LPA (MBA)

- INR 12 LPA (MBA FABM)

Top 25% packageINR 12.17 LPA (MBA)INR 11.78 LPA (MBA)

- INR 11.57 LPA (MBA)

- INR 9.50 LPA (MBA FABM)

Top 50% packageINR 9.98 LPA (MBA)INR 10.67 LPA (MBA)

- INR 10.51 LPA (MBA)

- INR 8.60 LPA (MBA FABM)

Highest PPON/AINR 15 LPA (MBA)

INR 20 LPA (MBA)

New recruitersN/A42 (MBA)

- 54 (MBA)

- 45 (MBA FABM)

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Q:   What is the seat intake for MBA at SIBM Nagpur?

A: 

There are 240 seats altogether for the MBA programme SIBM, Nagpur offers. The course for this MBA programme is admitted through scores of SNAP test. Candidate holding a Bachelor degree from the relevant discipline holds itself eligible for pursuing an MBA from this institution but for its final selection of the students has to be done based on its respective SNAP scores and GE PI and WAT performance, respectively.

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Q:   Is MBA costly at Symbiosis Institute of Business Management, Symbiosis International, Nagpur?

A: 

The total tuition fee for an MBA at Symbiosis Institute of Business Management, Symbiosis International, Nagpur ranges between INR 10 Lacs per annum and 15.5 Lacs per annum. Cost is a subjective matter and varies from person to person. 

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SIBM Nagpur

Student Forum

chatAnything you would want to ask experts?
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Answered a month ago

Students who cancel their admission before the start of the academic session typically receive a partial refund, after deducting a processing fee and any advance fees already paid. Students who cancel their admission before the start of the academic session typically receive a partial refund, after

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T

Taniya sultana

Contributor-Level 6

Answered 2 months ago

Symbiosis Institute of Business Management (SIBM) Nagpur has a two-step application process for entry into the MBA program.

1. Registration for SNAP: The first step, therefore, is to register for the Symbiosis National Aptitude Test. Thus, every aspiring candidate has to register at the official webs

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S

Shejal agrawal

Contributor-Level 10

Answered 2 months ago

Symbiosis Institute of Business Management- Nagpur is a private institute and for getting admission into Symbiosis Institute of Business Management- Nagpur primarily entrance based with SNAP (Symbiosis National Aptitude Test) being the common entrance exam. The institute takes performance in this ex

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a

abhishek gaurav

Contributor-Level 10

Answered 2 months ago

The admission process into SIBM Nagpur in 2025 is divided into four core steps. Application - First, candidates apply online by visiting the website. Entrance Examination - Students then appear for the SNAP entrance test. Selection - Shortlisted students go through selection rounds which include gro

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a

abhishek gaurav

Contributor-Level 10

Answered 2 months ago

First, candidates will have to register for SNAP at the official website for a fee of INR 2,250. Once a candidate completes the SNAP registration process, he/she must register at SIBM Nagpur's official website through his/her SNAP ID by filling up all the requisite details and an additional applicat

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a

abhishek gaurav

Contributor-Level 10

Content authored by:

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Mani Khanna

Updated on Oct 25, 2024