Dr. Venkat-Admissions Officer at IBS Business School Hyderabad resolves queries from prospective management students on different aspects related to admissions and course structure of IBS Business School Hyderabad at Careers360 Live Chat session. This articles brings to you all the Q&A from the live chat with the Admissions Officer at IBS Business School Hyderabad.
Excerpts from Careers360 Live Chat with Dr. Venkat.
Jazz: What is PGPM? Can you explain the types of degree offered by IBS Hyderabad?
Dr. Venkat: PGPM is an abbreviated form of a two years certification course called Post Graduate Program in Management. IBS Hyderabad offers a Degree & other PGPM which is a certification course.
College Comparison based on Courses, Placement, Rank, Fee
Madan Gopal: My daughter is currently preparing for CAT. We know it is tough to get into IIMs and if she doesn't get one, how is IBS compared to IIMs? If all campuses are similar then why is there too much gap in the fee structure of IBS Hyderabad and IBS Mumbai?
Dr. Venkat: You cannot compare IBS with IIMs but if like to compare the IBS will stand at 7th or 8th place. IBS Hyderabad has a good track record and every year the packages and placements are up to the mark.
IBS Hyderabad has a very spacious campus with hostel facility in it. It has the best infrastructure. Moreover, the fees of the campus depend much on the living cost of the city. IBS Hyderabad provides MBA which is a degree & IBS Mumbai provide PGPM which is a certification Course.
Madan Gopal: Can she get an MBA degree while studying at Mumbai campus? Is there an option for the same? Is IBS a deemed university? Out of all the 9 campuses you have, which is the best?
Dr. Venkat: Yes, surely she would get her MBA degree. During the tenure of the regular PGPM, your daughter can simultaneously do MBA in distance mode from IU Dehradun (ICFAI Dehradun). PGPM or MBA from IBS has a Brand Value in the Corporate sector and many companies.
IBS is a UGC approved deemed university. All the campuses are good but IBS Hyderabad & IBS Mumbai has better packages to offer to the candidates.
Anamika: What are the programmes and specialisations you offer across IBS campuses? Do you provide international placements?
Dr. Venkat: We offer MBA at IBS Hyderabad in Finance, Marketing, Human Resource Management, Operations& Information Technology.
We offer MBA at IBS Jaipur & IBS Dehradun in Marketing, HRM, Finance.
We offer PGPM at our 6 PGPM Campuses in Marketing, Human Resource Management, Operations& Information Technology. (IBS Ahmedabad, IBS Bangalore, IBS Gurgaon, IBS Kolkata, IBS Mumbai, IBS Pune)
Yes, we have international placements and there is a list of empanelled companies who participate in the placement programme.
Seema: I am interested in pursuing MBA. Please let me know why I should select your college? Which MBA programme is most popular in terms of placement? Do you offer PGDM Or MBA?
Dr. Venkat: MBA from IBS is quite unique from other universities because Our Case Study Methodology where Our Cases are being taken as Study material by various Institutes in India and Abroad. Also, we offer the quality packages & placements to candidates.
All the streams are equally good here, but package offered to students is a bit high for Marketing & Finance domains.
We offer all the three programmes, namely PGPM & MBA & PGDM.
David: What would be the fee structure for two years? Is the hostel fee included in the programme fee?
Dr. Venkat: IBS Hyderabad charges - 12.50 lakhs for two years.
Dehradun and Jaipur charge – 5.11 Lakhs for two years.
PGPM at Six PGPM Campuses:-
IBS Bengaluru, IBS Gurgaon, IBS Mumbai, IBS Ahmedabad, IBS Kolkata, IBS Pune - Rs. 7.26 Lakhs for two years.
You need to pay Rs. 1.5 lakhs as your hostel charges every year.
Deepak: Do you have hostel facility? Are hostel rooms on sharing basis or single occupancy? Do you provide sports facility?
Dr. Venkat: We do offer hostel facility but it is a chargeable one. You can choose between single occupancy or twin sharing as we have both. Yes, we do provide sports facilities to the interested students.
Jaspreet: I need your help in understanding the admission requirement of your college? What is the cutoff score for IBSAT and NMAT by GMAC?
Dr. Venkat: The following are the required criteria for admission to our college:-
Graduation (any discipline) with 50 percent and above marks with medium of instruction as English. We accept IBSAT/CAT with 60 percentile and above/GMAT with 500 scores and above/NMAT with 150 scores and above. Apart from these, campus selection gets done on the basis of GD-PI score & the 10th,12th & graduation scores.
Vedika: I have scored a total of 49 percent in both 2nd and 3rd year of B.Com, but the total aggregate is 50 percent. Will you consider the cumulative score or only take the Honours scores of 2nd and 3rd year to determine the eligibility criteria for ICFAI?
Dr. Venkat: Regarding the academic score consideration, it depends on your university. If they consider final year marks then even we consider the same. For us, your overall score should be 50 percent in graduation. Then only you are eligible for admission.
Manav: Do I need to pay separately to apply in different campuses?
Dr. Venkat: Manav, you will be required to fill only one IBSAT application for all the 9 campuses.
Uday: Is work experience a mandate in your college?
Dr. Venkat: No, work experience is not mandatory in our college.
Uday: Do you provide scholarships to students?
Dr. Venkat: Also, we do not provide scholarships to students.
Vivek: Do you guarantee 100 percent placement at your institute? What is the Lowest package one can expect from your college?
Dr. Venkat: We have 100 percent placements. However, the final selection largely depends on students’ performance. The lowest package recorded is Rs. 4.21 lakhs per annum.
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ITM Navi Mumbai is better colleges than IBS Hyderabad for HR in terms of ROI
PGDM from ITM navi mumbai will cost you around 12 lakhs and whereas in IBS it is for around 16-17 lakhs.
Placements are good in ITM is constantly ranked among the tip 25 B-Schools in India.
Also ITM has a traditional based teaching which is better than case based teaching in IBS hyderabad
If you want in HR then ITM should be undoubtedly your choice rather than IBS.
Hello there. Hope you are doing good. I would like to tell you that IBS Hyderabad is considered to be one of the top colleges in India for pursuing MBA for working professionals. It has an excellent placement record. Every year the average placement package is increased which means the quality of education is improving year year in the college. IBS Hyderabad had an average package of approximately 7 Lakhs per annum last year. The highest package was around 14 Lakhs. Top MNCs visit the campus and offer various job profiles to the students.
If you are getting an opportunity to secure a seat in IBS Hyderabad, you should not miss it. If you are passionate about your MBA, then you will definitely land a good job after completing your degree.
I hope you found this answer helpful. Good luck for your future.
The cut off for IBS Hyderabad depends on the difficulty level of the paper as well as other factors like how other students have performed. IBS does not officially release the NMAT cutoffs.
Although a score of 150+ would be decent enough to clear the cutoffs this year. All the best for the results.
Agriculture Business Management is there for pursuing the higher degree. It is a specialized course in MBA program for 2 years. This subject mainly deals with the business aspects related to the agriculture production and its international trading scenarios. Agriculture Business Management is mainly offered in premier B-Schools. You will get to learn to make business decisions that could sustain for reducing the risks while working inside the sector of agriculture.
The scope of agriculture business management is also good in India as the commercial agriculture have some exceptional potential in this country. There is also a huge demand of professional managers after the agriculture processes turned into the business practice. The growth rate of this sector is also good and constantly rising through various initiatives from both government and private sectors.
List of Best Colleges that have Agribusiness management course are mentioned below:
1. IIM, Ahmedabad
2. IIM, Lucknow
3. Doon Business School, Dehradun
4. Symbiosis Institute of International Business, Pune
5. Banaras Hindu University, Varanasi
In India and also in many of the countries around the world, a Master of Business Administration is one of the most sought after and prestigious degrees in the management field to stimulate a better post-graduation career. Particularly in India, MBA is synchronous to great pay and fast career growth opportunity. These are the two primary reasons candidate aim for to pursue a management degree.
With every year passing by, the top and average salary offered by different companies that come for placements in the institutes have been steadily and substantially increasing. Also, Placement reports of the institutes don’t leave any opportunity behind in boasting these statistics as these are one of their most important selling points. The package and the prestigious brands serve as diamonds in their placement reports. However, many of the placement reports released by the institutes do not give an overall perspective of salaries offered. These institutes do not show or purposefully hide their lowest packages offered or percentage of students who come under this lower package bracket. In an effort to bring transparency and make these reports reliable, IIM Ahmedabad started ‘Indian Placement Reporting Standards’ (IPRS) and proposed a standardised way of reporting salary and non-salary information. The data submitted will then undergo a third-party audit process with institutes such as CRISIL thus making the placement reports reliable. The purpose of this is to provide a holistic and trustworthy data for aspirants to make right choices. As of now, only 30 MBA colleges have signed up for it and are abiding by it. However only nine of these colleges have furnished their detailed placement reports.
Different colleges publish their placement reports on different dates. For example, if we take IIMs, the top IIMs: IIM Ahmedabad, IIM Bangalore, IIM Calcutta concluded their placements in February itself but published their placement statistics in the month of September 2019 because they needed to be audited by IPRS.
The table below provides a snapshot of packages offered by companies in different colleges in 2019, here, the colleges which offer minimum package of 10-12 lakhs is only considered.
IMI New Delhi
FORE New Delhi
*TBD: To be Declared, and salary is average salary in INR Lakhs
Students who are repeating or those who have not been able to perform well in academics are the ones who receive low packages. This might be a debatable topic and different people have their opinion on this. According to my experience, recruiters don’t pay any heed and have no reason to hire you if you haven’t performed well in your academics and extra-curriculars. B-Schools find hard to place such students and at times these students might have to be asked to fill an opt-out form or go for a rolling placement.
All the very best!!
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