IBA Bangalore MBA Admission 2024: A high ROI B-School with Single Program Focus; Check USPs, Latest Fees, Placements; Admission Closing Soon

Established in 2001, Indus Business Academy (IBA) Bangalore is a leading B-school which has established a tradition for excellence and quality. Sharing the focus on quality management education, Dr Manish Jain, Chairman, IBA Bangalore said, “We aim to build managers and leaders who are hardworking, who believe in dignity of labour, who are team players and pragmatic, having their foot firmly on ground.”

IBA Bangalore completed 100% placements for the PGDM 2021-23 Batch with 63% increase in the highest salary which has gone up at Rs.22.26 LPA and 11% increase in average salary which has gone up at Rs.7.80 LPA from last year. IBA Bangalore Fees for 2 Years PGDM is Rs.9.78 lakhs which is lower than its peer B-schools, thus making it a high ROI B-school. MBA Admission 2023 at Indus Business Academy (IBA) Bangalore is open for all categories of candidates. Check why you should consider applying to IBA Bangalore to pursue your MBA/PGDM.

Table of Contents

1. Indus Business Academy (IBA) Bangalore: Key Highlights & USPs
2. IBA Leadership
3. IBA PGDM Program & Specialization
4. IBA Bangalore Fees 2024-26
5. IBA Bangalore Placements 2023
6. IBA Bangalore Seats for PGDM Program
7. IBA Bangalore Scholarships, Fee Waivers & Awards
8. Innovative Pedagogic Approach at IBA
9. IBA Admission Eligibility Criteria 2024
10. How to Apply for IBA Bangalore Admission 2024?
11. IBA Bangalore Admission Process

Read below why you should consider applying to IBA Bangalore alongwith other good B-schools to pursue your MBA

1. Indus Business Academy (IBA) Bangalore: Key Highlights & USPs

• 1.1 Accreditations: PGDM at Indus Business Academy (IBA), Bangalore is now both Internationally and Nationally Accredited. It is Accredited by IACBE (Approved by CHEA) USA and is the 19th among the 58 B – Schools (Out of 5000+ B – Schools in India) to get an International Accreditation.  It is also accredited by NBA (National Board of Accreditation).
• 1.2 Ranking: IBA is ranked # 42 in MBAUniverse.com B-school Ranking 2023; IBA is ranked among top 125 B-schools in Govt of India, MHRD NIRF Ranking 2022; World Consulting & Research corporation (WCRC) has certified IBA (process evaluated by KPMG) as one of Asia’s fastest growing Institutes.
• 1.3 AICTE Approved: IBA PGDM is approved by All India Council for Technical Education (AICTE) and is accorded MBA equivalence by Association of Indian Universities (AIU)
• 1.4 Moderate Fee: IBA Bangalore Fees for 2 Years PGDM programme is Rs.9.78 lakhs which is much lower than any other good B-school
• 1.5 Strong IBA Bangalore Placements 2023: IBA has a consistent record of good placements. 100% Placements 2023 are completed with Average salary going up at Rs.7.80 LPA and Highest Salary at Rs.22.26 LPA.
• 1.6 Top Recruiters: More than 100 companies participate in IBA placements. Top recruiters at IBA Bangalore include Colgate, Federal Bank, KPMG, TCS, Landmark Group, BYJU’s, Berger paints, Deloitte, CIPLA Elexes, Aditya Birla Fashion & Retail, Info Edge, PwC, Godrej & Boyce, Tech Mahindra

2. IBA Leadership
Dr. Subhash Sharma is the Dean, IBA Bengaluru. He holds Post Graduate Diploma in Management (PGDM) from the Indian Institute of Management, Ahmedabad (IIM-A) and Ph.D from University of Southern California (USC), Los Angeles. Dr. Subhash Sharma has assisted in the development of WISDOM (Women’s Institute for Studies in Development Oriented Management) at Banasthali University; has been the Founder Director of Indian Institute of Plantation Management, Bangalore and is also a Founding Member of Indus Business Academy.  

IBA Bangalore MBA Admission 2024 Open: Apply Now

3. IBA PGDM Program & Specialization
IBA Bangalore offers PGDM programs with a wide range of specializations. IBA offers  PGDM programs with following specializations

• 2 Year Full Time AICTE Approved Residential Post Graduate Diploma in Management (PGDM)
• 2 Year Full Time AICTE Approved Residential Post Graduate Diploma in Management (PGDM-General)

3.1 IBA PGDM Specializations
IBA offers diverse specializations in its PGDM Programs as below

• Business Analytics
• Entrepreneurship
• Finance
• Human Resources
• International Business
• Marketing
• Operations
• Retail Management

4. IBA Bangalore Fees for PGDM 2024-26
The 2 years IBA Bangalore Fees for PGDM and PGDM General 2024-26 batch is Rs. 9,78,000/-.

5. IBA Bangalore Placements
Over the years, IBA Bangalore has recorded consistently high placements. The placement 2023 for the 2021-23 batch has recorded 63% increase in highest salary and 11% rise in average salary. There were more than 100 companies who participated in placement 2023 and made offers to participating students. Key highlights of IBA Bangalore placements are:

IBA Bangalore Placements 2023: Key Highlights

• Completes 100% Placements for PGDM 2021-23 Batch
• Highest Salary up by 63% at Rs.22.26 LPA
• Average salary up by 11% at Rs.7.80 LPA
• PGDM 2021-23 Batch size: 140 students
• No. of Students who opted out: 4 Opted out for Entrepreneurship Venture
• Total No. of students participated in Placements 2023: 136
• Top Recruiters include Deloitte, PWC, FedEx, Federal Bank, Aditya Birla, London Stock Exchange, Isuzu, Colgate, First Meridian, OM Logistics, Paytm among others
• Key Placements 2023 Trends: A good number of core companies have shown interest in campus hiring this year. This year, 24% of the offers made at IBA Bangalore are from the core industries.
• Recruiters from Diverse Sectors including Banking, Finance, Fintech, FMCG, Food and Beverages, HR Consulting, Insurance, Internet and E-commerce, IT and Retail participated in IBA placements 2023

6. IBA Bangalore Seats for PGDM 2024-26 Batch
Indus Business Academy has 240 seats for its PGDM and PGDM-General 2024-26 batch as below:

Program Offered	Seats
PGDM	180
PGDM-General	60
Total Seats	240

IBA Bangalore MBA Admission 2024 Open: Apply Now

7. IBA Bangalore Scholarships, Fee Waivers & Awards: Worth in Crores
IBA Bangalore offers Fee waivers, number of scholarships and awards to its deserving students.

7.1 Atal Bihari Vajpayee Memorial Scholarship
Student/s having aggregate (all subjects) marks of 60% or above in Class X, XII, Graduation and having percentile/Composite Score as mentioned below in the Entrance Tests would be awarded Scholarships as below:

CAT 2023 / XAT 2024 / GMAT or GRE (after July, 2023)	MAT 2023 & 2024 / ATMA 2024	CMAT 2024 (As per format of results published by CMAT)	SCHOLARSHIP AMOUNT (Rs.)
85 percentile or above	Composite Score of 750 or above	above 95 percentile OR AIR 1-999	Rs.1,00,000
80 to 84.99 percentile	Composite Score of 700 to 749	90 to 94.99 percentile OR AIR 1000-2499	Rs.  80,000
70 to 79.99 percentile	Composite Score of 650 to 699	80 to 89.99 percentile OR AIR 2500-3999	Rs.  70,000
60 to 69.99 percentile	Composite Score of 600 to 649	70 to 79.99 percentile OR AIR 4000-4999	Rs.  60,000

7.2 Scholarships: Based on Academic Record
Students who meet below mentioned criteria will be awarded one of the following scholarships. A student will be awarded the best option, if eligible for more than one scholarship

• "Pandit Jawaharlal Nehru Memorial Scholarship ‘: Student/s having aggregate (all subjects) marks of 60% or above in Class X, XII and Graduation, would be awarded a Scholarship of Rs.50,000/-
• ‘Sardarar Vallabhbhai Jhaveribhai Patel Memorial Scholarship’ : Student/s having aggregate (all subjects) marks of 70% or above in Class X, XII and Graduation, would be awarded a Scholarship of Rs.60,000/-
• ‘Netaji Subhas Chandra Bose Memorial Scholarship’: Student/s having aggregate (all subjects) marks of 80% or above in Class X, XII and Graduation, would be awarded a Scholarship of Rs.70,000/-

7.3 IBA Fee Waiver Scheme for Deserving Students
IBA Fee waiver scheme is applied for the benefit of deserving students coming from economically weaker section. The scheme is need based

Scheme Name & Applicable Year	Amount	No. of Students to be benefitted	Eligibility criteria
Mother Teresa Fee Waiver: 1st Academic Year	Rs.25000 to Rs.35000	10 Students	Economically weak and Need based
Tirthankara Mahavira Swami Fee Waiver: 2nd Academic Year	Rs.25000 to Rs.35000	10 Students	Economically weak and Need based
Shri BML Jain Memorial Special Scholarship for wards of Defence & CRPF Personnel -2nd Academic Year	25% Fee Waiver on Academics	Wards of Defence & CRPF Personnel	Defence & CRPF Personnel wards
OBSM (Overseas Business Studies Mission)- 2nd Academic Year	Opportunity for International Study Programme (OBSM)	Deserving students visit1 B-Schools and corporations in countries like Singapore, Malaysia, Dubai	Top 50% performers in Academics at the end of 1st year

7.4 IBA Bangalore Awards Scheme for Students
IBA Bangalore confers following awards to deserving students in first year as well as in second year and at the time of Convocation.

Awards	Amount (Rs.)	No.	To whom Conferred
Swami Vivekananda Memorial Award	12,000/-	1	Given to Topper in Academics in 1st Trimester
Dadabhai Naoroji Memorial Award	12,000/-	1	Given to 2nd Topper in Academics in 1st Trimester
Chhatrapati Shivaji Raje Bhosle Memorial Award	12,000/-	1	Given to Topper in Academics in 2nd Trimester
Mohandas Karamchand Gandhi Memorial Award	12,000/-	1	Given to 2nd Topper in Academics in 2nd Trimester
Dr. B.R Ambedkar Memorial Award	12,000/-	1	Given to Topper in Academics in 3rd Trimester
Shaheed Bhagat Singh Memorial Award	12,000/-	1	Given to 2nd Topper in Academics in 3rd Trimester
Dr. Sarvepalli Radhakrishnan Memorial Award	12,000/-	1	Given to Topper in Academics in 4th Trimester
Jayaprakash Narayan Memorial Award	12,000/-	1	Given to 2nd Topper in Academics in 4th Trimester
Maulana Abul Kalam Azad Memorial Award	12,000/-	1	Given to Topper in Academics in 5th Trimester
Rani Lakshmi Bai Memorial Award	12,000/-	1	Given to 2nd Topper in Academics in 5th Trimester
Rabindra Nath Tagore Memorial Award	12,000/-	1	Given to Topper in Academics in 6th Trimester
Lala Lajpat Rai Memorial Award	12,000/-	1	Given to 2nd Topper in Academics in 6th Trimester
SPECIAL AWARDS GIVEN AT CONVOCATION

Awards	Amount (Rs.)	No.	Eligibility Criteria
Dr. Anil Agarwal Memorial Award	51,000/-	1	Best IBA student (who excels in Academics, Discipline, Team Leadership & Extracurricular activities in all the 6 Trimesters of the course)
Shri B.M.L Jain Memorial Award (Gold Medals)	11,000/-	–	This award is given to the students along with the Gold Medal who scores more than 8.7 CGPA at the completion of the PGDM Programme
Sir Mokshagundam Visvesvaraya Memorial Award (Silver Medals)	11,000/-	–	This award is given to the students along with the Silver Medal who scores more than 8.3 CGPA at the completion of the PGDM Programme
Smt. Gyanmati Devi Jain Memorial Scholarship	15,000/-	1	This Scholarship is given to a student who excels in different/unique areas like Research initiatives etc. (varies every year)
Smt. Padma Devi Jain Memorial Award	10,000/-	2	This award is given to top two students of the Batch on their performance during the Corporate Internship Programme as per the criteria decided by the Institute

IBA Bangalore MBA Admission 2024 Open: Apply Now

8. Innovative Pedagogy
IBA differentiates itself from other B-Schools by its innovative pedagogy and its teaching excellence. Regular Guest Lectures, company visits and panel discussions help students relate books with reality. PGDM at IBA is an Industry Driven and Students participation based Management Programme which not only focusses on teaching Management but also various skill building programmes, this helps students to plan their career for long term rather than a first job. IBA sources best of the senior practitioners who teach electives in second year.

Courses like Emotional Intelligence, Critical thinking, Transition Management, Managing Business Disruption and Social Entrepreneurship are taught in depth to develop them as holistic management professionals. In addition, they are also certified by KPMG in Six Sigma, in entrepreneurship by EDII & NEN (Wadhwani Operating Foundation, USA) and in Business Strategy through Capstone programme offered by CAPSIM, USA.

Students are assigned mentors who help students professionally and also nurture their skills to handle stress. In the second year, their transition to corporate gets dedicated attention through deep interactions with the alumni and senior practitioners from the industry.

IBA Bangalore Admission Criteria 2024 describe in detail the admission eligibility, shortlisting criteria, Fee, cut offs and final selection criteria in admission process.

9. IBA Admission Eligibility Criteria 2024

1. IBA Bangalore eligibility criteria require that the candidate must hold a bachelor's degree of minimum 3 years duration in any discipline, with at least 50% marks or equivalent
2. For SC/ST/OBC & other reserved category Candidates the minimum required percentage of marks is 45% in graduation.
3. The candidate should have appeared in at least one of the MBA entrance exams - CAT 2023/XAT 2024/ CMAT 2024/MAT 2023/2024/ATMA 2024/ GMAT after Sept. 2023/ GRE after Sept. 2023/GATE 2023/24.
4. IBA will also accept score of State MBA entrance exams like MAH-CET 2024, KMAT 2024, PGCET 2024  
5. You need to submit the photocopy of Score Card along with filled Application Form.
6. If the candidate is awarded grades/CGPA instead of marks, the equivalence to determine PGDM admission eligibility would be based on the equivalence certified by the institution/university from where the bachelor's degree is obtained. In case the institution/university does not have any scheme for converting the CGPA into equivalent marks, the equivalence would be established by IBA Bangalore to confirm the Admission eligibility of the candidate. 
7. A candidate appearing for the final year bachelor's degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results are also eligible to apply

10. How to Apply for IBA Bangalore Admission 2024? Step by Step Application Process
Application for MBA Admission 2024 at IBA Bangalore should be filled up and submitted online at the institute’s website. The IBA Application process is shared below:

• Step-1: Fill the Online Application form by login with IBA user ID and password. You will receive it after registering for admission on IBA website.
• Step-2: Fill Up all personal details & click on Save & Continue
• Step-3: Fill up academic details from class 10 onwards
• Step-4: Fill in details about your work experience, if any
• Step-5: Enter details about family background. Enter all the information regarding parent's / guardian’s address, email ID, telephone number, and mobile number 
• Step-6: Enter program name you are applying for, GD-PI Centre
• Step-7: Make payment of application fee online. Application Fee can be paid through Credit Card / Debit Card / Internet Banking / Demand Draft.
• Step-8: After payment of the application fee and submission of the application form, you will receive a PDF copy of filled application form on your registered primary email id.

Once the application is received by the Admission Department of IBA Bangalore, you will receive a confirmation call and an email from the admissions department regarding the initial round of selection process i.e. submission of the SOP (Statement of Purpose). Apply Now

The application process for IBA Bangalore admission 2024 is open now. IBA last date to apply for admission 2024 will be announced soon.

11. IBA Bangalore Admission Process 2024
IBA Bangalore Admission Criteria 2024 is a two step process involving the Shortlisting criteria based on entrance exam score & the academic background and the Final admission selection process based on other key components apart from entrance exam score like SOP, work experience, extra curricular activities and Interview performance

11.1 IBA Bangalore Shortlist Criteria
The first part of IBA Admission criteria is the IBA Bangalore shortlist criteria before final selection round. IBA Bangalore will shortlist the candidates on the basis of following parameters:

• IBA will consider aggregate scores of 10^th, 12^th and Bachelor Degree performance
• IBA will short-list the candidates for GD/PI round based on their best available test scores in CAT/XAT/GMAT/MAT/CMAT/ATMA/GRE/GATE
• Applicants may submit more than one entrance test score. IBA will consider the best test score for shortlisting

11.2 IBA Final Selection Criteria
The objective of IBA MBA Admission 2024 process is to assess communication skills, presentation skills, knowledge on current affairs, entrepreneurial abilities, understanding of markets, attitude, and aptness to take up the rigour of the programme.

• Post short-listing on the basis of available scores, applicants will be called for the final selection round (GD-PI Round)
• The candidates have to submit Statement of Purpose (SoP) during final selection round
• All the shortlisted candidates are eligible to go through the GD/PI round
• Final selection is based on entrance exam score, Statement of Purpose (SoP), Academic Performance, Work Experience, performance in Group Discussion (GD) or Personal Interview (PI)1 and PI 2
• Final results will be declared within 3 to 4 working days from the day of PI 2
• Selected students are required to pay the prescribed fee within the specified date as mentioned in admission letter after the selection results failing which the seat will be offered to next deserving candidate
• New Academic Session will commence in June 2024​

11.3 IBA Bangalore Cut Off  
IBA considers the overall performance of an aspirant like marks in 10th, 12th and Bachelor Degree, whether aspiring students have interests like sport, dance and other extracurricular activities, etc. Personal Interview plays an important role in selection process and aspirants are advised to prepare well for the Personal Interviews. The aspiring candidate is offered an admission to IBA purely on the performance as tabulated below.

IBA Admission 2024: Final Selection Weightage
Final admission offer by IBA Bangalore for PGDM 2024-24 batch will be made on following parameters:

Scores of Aptitude Test (list of accepted tests given under Eligibility Criteria)	20 marks	Original Score Card will be verified during Personal Interview
Consideration of Bachelor Degree Marks, 12th Standard, 10th Standard Marks & Work Experience / Extra-curricular activities	35 marks	10 Marks each for Bachelor Degree, 12th and 10th Standard. 05 marks for Work Experience / Extra-curricular activities
SOP (Statement of Purpose)	10 Marks	Assessment will be done at GD-PI Centre
Group Discussion (GD) or Personal Interview (PI) 1	35 marks
Personal Interview (PI)*
Total	100 marks

*It is necessary for an applicant to clear the Personal Interview round for Admission at IBA.

IBA Bangalore has been working with industry and academia for developing new domains of managerial thought and education and contributing to the process of building leaders in today’s global business environment. In previous Batches of IBA Bangalore, 25% to 30% of Batch comprised students with varied work experience up to 6 years. It may be noted that the Admission at IBA is purely on Applicant’s merit & performance during the Admission Phase.

IBA Bangalore is one among the largest integrated B-School having built-up area of approx. 3.0 Lac sq. ft over 8.5 acre campus dedicated only for the Management programme. The students have access to dedicated resources, laptops loaded with software to access databases, data mining, statistical tools and more than 3500 management journals, access to business news, Bloomberg Businessweek etc. The campus is equipped with modern facilities including in-house store, ATM, Gym, Doctor, indoor and outdoor sports facilities. IBA Bangalore is possibly one of the very few or the only institute that teaches Critical Thinking, Emotional Intelligence, Sales and Negotiation, Interpersonal Interactions and Managing life transitions as a full course. All these courses and practical learnings helps students develop as confident individuals, ready to take challenges and perform in today’s competitive world.

Hope you found this article on IBA Bangalore admission 2024 helpful in taking MBA admission decision. The application process for IBA admission is open and you can Apply Now

Stay tuned to MBAUniverse.com for more updates on IBA Bangalore