The Indian Institute of Management Bangalore (IIM B) offers the students its full-time flagship PGP course in 11 specializations. This top MBA college in India also provides various scholarships like – Aditya Birla Scholarships, Citi Women Leader Award, and many more to study its MBA courses. These scholarships will thus reduce the cost burden of the students.
After completing an MBA, you can pursue research at IIM B or secure for yourself a lucrative job after course completion. The average package that you can earn after an MBA at IIM Bangalore is between Rs. 22 to 25 Lakhs per annum.
Before knowing about IIM Bangalore’s MBA electives, Scholarships, Research & Job opportunities, check the brief overview of IIMB below:
| Establishment | 1973 |
| Recognized under | IIM Act |
| Institute Type | Public |
| Courses offered | PGP, Executive MBA, PhD |
| Admission process | Entrance Exam and Interview |
| Entrance Exam accepted | CAT / GMAT / GATE / NET / IIMB test |
| Mode of Application | Online |
| Official Website | https://www.iimb.ac.in/ |
IIM Bangalore – 11 Electives Offered to MBA Students
IIM B offers full-time MBA courses that enable the aspirants to work with top companies. Working professionals can go for one year executive MBA offered by the institute. Students who are shortlisted for PI at IIM Bangalore this year or willing to apply in future can benefit from the information about electives below.
- Decision Sciences – Candidates opting for gaining a competitive edge over others can apply for this subject. It is a subject that comprises Analytics for cross-functional Excellence, Business Analytics and Intelligence, Predictive Analytics, Science and Big Data Management.
- Economics and Social Sciences – This elective consists of Behavioral Economics, Business Law, Current Economic Scenario, Financial Macroeconomics, Public Economics, International Macroeconomics. The tests considered are GMAT, GRE, CAT, GATE, IIMB Test.
- Entrepreneurship – This particular stream trains the students eligible for Corporate Growth in Entrepreneurial Environment Investing in different areas and identification of the projects that can ensure them profits in future, Venture Capital, etc.
- Finance and Accounting – It is quite a broad sector that opens various doors for the aspirants. The students will learn Active Investment Management, Advanced Corporate Finance, Corporate Valuation, Financial Derivatives, Financial Market, International Finance, Investments, Investment Banking, Risk Management, New Enterprise Financing, and many others. In finance and accounting, along with this two-year course, a one-year executive course is also offered for working professionals.
- Information System – The subjects taught here are Artificial Intelligence, Big data analysis, Brand Management, Consumer Behaviour, E-Commerce, Digital Marketing, Marketing Communication, Services Marketing, Competitive Marketing Strategy, and others. Please refer to the official website for further details.
- Management Communication – helps the students learn communication with leaders and the leadership presence through Improvisational Theatre.
- Organizational Behaviour and Human Resources – This particular elective is for the students willing to be trained in Cross-cultural Management, HR Management, Inclusive Business Models, Leadership skills in various areas, Negotiations, Personal Values, Embedding Leadership Excellence, and other specific areas.
- Production and Operation Management – People who want to specialize in Business Process Improvement, Project Management Essentials, Strategic management of services, Supply Chain Management, and form different strategies can select this subject as their elective for specializations.
- Public Policy – Students to specialize in understanding the Business Models, Public Policy for Managers, Rural Banking, social Entrepreneurship, Health, and Economic Theory and Practices can elect this subject.
- Strategy – This is a broad area of specialization. The students can select this area if they want to specialize in Design thinking, Green Business management, International Business, New Product Development, and various areas of Strategic Thinking and Consulting.
- Marketing – The candidates who want to learn the tricks to promote a brand by applying various Marketing Strategies can choose this specialization.
IIM Bangalore: What to do after an MBA Course?
After an MBA, you may choose to pursue a PhD program. The Doctorate or PhD course is a 5-year full-time course that the top MBA Institute offers. The eligibility is a Bachelor’s degree and a minimum of 5-years of experience after graduation to apply for the courses. The electives available with the MBA institute are as follows:-
- Decision Science
- Economic and Social science
- Entrepreneurship
- Finance and Accounting
- Information System
- Marketing
- Org Behaviour and HR Management
- Production and Operation management
- Public Policy
- Strategy
The doctorate candidates are also awarded Rs. 35,000 per month as their living expense. They are required to be a part of the course on a full-time basis; they are also supposed to assist in teaching and work as a research associate.
The students are also granted an amount of Rs. 75,000 to purchase the hardware, software, books, and other related expenses. Additional payments are also made to the ones who are not provided with accommodation in hostels. Costs to attend Conference are borne separately by the institute as per the requirements.
IIM Bangalore Scholarships
IIM Bangalore Scholarship schemes are meant to meet the student’s educational expenses and promote education all over India. They ensure that deserving candidates must not be deprived of higher education only because of the financial crisis. The students whose household income is below Rs. 800,000 per annum can apply for such programs. The scholarships will be offered based on the merit of the student.
- Aditya Birla Scholarships
- OPJEMS Scholarships
- Citi Women Leader Award
- Societe Generale Global Solution Centre India Scholarship
- Siddhartha Padam award
- Runwal Educational Trust Scholarship
- Hindustan Unilever scholarship
- Yes Bank scholarship
- NTPC Scholarship
- Ministry of Tribal Affairs Scholarship
- Ministry of Social Justice and Empowerment Department of Persons with Disabilities
These are the top scholarships awarded by the top management institute in India. We will suggest you visit here – https://www.iimb.ac.in/pgp-financial-aid-scholarships for further details.
IIM Bangalore Placements
Indian Institute of Management Bangalore provides the students with the best placement facilities across the world. It offers the best placements to the aspirants after the course. The average CTC of the institute stands out to be Rs. 25 Lakhs per annum.
IIM B witnessed 100% placement with more than 520 placement offers every year. With the EPGP program, the average placement of the institute is Rs. 29.8 Lakhs per annum. Last year the number of recruiters were 69 and offers made were more than 400. The highest CTC in 2020-21 was Rs. 50-55 Lakhs per annum.
The names of top employers were – Amazon, Grofers, Flipkart, EY, PWC, Deloitte, Infosys, BCG, HUL, Lenovo, Genpact, Microsoft, Google, and others.
The sales and the marketing sector witnessed the highest number of placements followed by the finance and the consulting sector last year. The Finance sector and the Consulting sector witnessed the highest package which was Rs. 50 Lakhs per annum followed by the E-commerce sector which was Rs. 35 Lakhs per annum.
We have thus shared all the information about IIM B with regards to the electives, research, scholarship and placements. The admission season at IIM Bangalore has already started for the 2021-2023 session. By now eligible students have already selected their areas of study. But this piece of information will definitely help them make the right choice post-admission to secure a decent job in future.
Courtesy: Campus Varta
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