“Times changed from A for apple, B for ball and C for cat to A for Ahmedabad, B for Bangalore and C for Calcutta”
CAT squad let’s explore more about one of the most rocking IIMs. Here comes IIM Bangalore
About:
Established in 1974, the Institute has since then built on its base of highly accomplished faculty, world-class infrastructure and motivated student body to emerge as one of the premier institutes for management education and research, promoting managerial excellence in the country. IIMB strives to achieve excellence through partnerships with industry, and leading academic institutions, the world over. IIMB’s mission is to ‘build leaders through holistic, transformative and innovative education’.
The school works within the national policy guidelines established by the Ministry of Human Resource Development, Government of India. It is amongst the top management schools in India and Asia according to several rankings. In 2013, IIMB was re-accredited by European Quality Improvement System (EQUIS).
Story behind the logo:
IIMB has a strong brand identity with a logo that has great recall. The sun symbol has been designed by the National Institute of Design, Ahmedabad, and has been in use since 1994.
The concept of the current logo is based on a line from the Sanskrit shloka which has become the motto of IIMB: Tejasvi navadhitamastu. This line, derived from the peace invocation of several Upanishads, translates as: “Let our (the teacher and the taught) learning be radiant”.
Programmes Offered:
The long-duration post graduate programmes of the Institute comprise the Fellow Programme in Management (FPM), the Post Graduate Programme in Public Policy and Management (PGPPM); the one year full-time Executive Post Graduate Programme in Management (EPGP), the Post Graduate Programme in Enterprise Management (PGPEM) and the Post Graduate Programme in Management (PGP).
Ranking:
IIMB ranks among the Top 70 of the world’s leading providers of Open and Custom Executive Education Programmes, according to the Financial Times. IIMB has also been ranked among the Top 20 Business Schools in the world on the Financial Times’ prestigious Master in Management Rankings for 2016.For the eighth consecutive year, in 2016, IIMB has been ranked the best business school in Central Asia by Eduniversal, Paris.IIM Bangalore has recently topped the list of best management institutes in the ‘India Ranking 2016’ – the first-ever national ranking of universities by the Government. The ‘India Ranking 2016’, prepared by MHRD’s National Institutional Ranking Framework (NIRF), rated IIM Bangalore as the ‘Best Management Institute’ in India. All 122 centrally funded institutions, including central universities, IITS and IIMs, participated in the ranking. The survey listed top 10 universities, and engineering, management and pharmaceutical institutes of the country.
Selection Criteria (PGP/PGDM):
IIMB adopts a two-phase selection process and accordingly these selection criteria are applied in two phases. The first phase processes applied to all eligible candidates who appear for CAT to determine those qualifying candidates who will be called for personal interview (PI).
During the PI process the candidates selected for interviewing during a particular half-day (morning or afternoon) session will have to take a Written Ability Test (WAT) on a topic provided by IIMB. The topics chosen will typically reflect current socio-political, economic and business affairs, though other topics such as sports and those that require more creative thinking may also be included. The time provided for the WAT will typically be about 30 minutes. During the interview, the panel will evaluate each candidate’s performance on academic background, quality of work experience and other personal traits. The WAT submission will be evaluated separately. Scores of both, WAT and interview, along with those of the pre-PI selection parameters (with the appropriate weightages) will be used cumulatively in the second and final phase of selection to identify the candidates who will merit selection from among those candidates who appear for the PI.
(Source: http://www.iimb.ac.in/sites/default/files/iimb-pgp-admission-process.pdf)
Batch Profile of PGP 2017:
Summer Placements (PGP 2016-18):
The Summer Internship recruitment process at the Institute is coordinated by Career Development Services Office along with a Student Placement Committee. The Institute provides all support in terms of infrastructure and facilities needed for the recruitment process.
A total of 402 students participated in the placement while over 150 companies came to hire students for summer stint in multiple roles such as management consulting, investment banking, markets, corporate banking, sales and marketing and so on.
Accenture Strategy, among the management consulting space, was the largest recruiter with 20 offers. The Boston Consulting Group with 15 offers, A.T. Kearney with 13 offers, McKinsey & Co. with 10 offers, Bain & Company with 8 offers and Strategy& with 7 offers were the other major recruiters this year.
More than 30 per cent of the entire batch received offers in the management consulting sector, which also included reputed names like Deloitte, Roland Berger, Alvarez & Marsal, PWC Diamond Consulting, GEP, Hay Group, Synergy Consulting and Feedback Infra Consulting.
IIMB played host to most big international banks such as Barclays, Citibank, Goldman Sachs, HSBC, JP Morgan, Deutsche Bank, Development Bank of Singapore and Standard Chartered on the first day of the Summers Placements.
Final Placements (2014-16):
With more than 160 companies participating and making more than 450 offers across 200 job profiles, IIM Bangalore has successfully concluded the final placement 2016 for the PGP 2014-16 class with 100% placement for a batch of 409 students. Consulting emerged as major recruiting sector contributing 30% of total offers made in the final placement 2016 at IIM Bangalore.
IIM Bangalore played host to most big international banks such as Goldman Sachs, Bank of America Merrill Lynch, Deutsche Bank, Citibank on the first day of the Final Placements with Goldman Sachs making 14 offers. The process also saw the participation of Avendus Capital and American Express.
Private Equity/Venture Capital roles by India Value Funds were offered to the students. A host of Indian banks and financial institutions such as Kotak Investment Bank, ICICI Securities, ICICI Prudential, Yes Bank, Axis Bank made offers during the Placement process.
The Final Placement season at IIM Bangalore concluded successfully within 5 interview slots of half a day each.
Top Recruiters:
Compensation (PGP 2014-16):
“Last but not the least”
Life at IIMB:
A 100-acre oasis in south Bangalore, the Indian Institute of Management Bangalore (IIMB), with its all-stone architecture, lush verdant woods and landscaped gardens, provides an idyllic environment to engage in management studies, academics and learning.
- Accommodation at IIMB consists of 10 hostel blocks, one executive block and the executive accommodation at the Management Development Center, popularly known as MDC.
- All students are provided with accommodation on campus in well-appointed single room in the hostels.
- Twenty-four hour Internet connectivity, fully automatic washing machines, music room, and recreation room are standard features.
- Laundry and ironing services are also provided.
- The hostels also have intercom facility, which is linked to the institute intercom.
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