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.
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.
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.