IIBS: A Leading Management Institution in India
Indian Institute of Business Studies (IIBS) is a reputable management institution offering various business management programs. While specific rankings can vary yearly, IIBS is generally recognized for its focus on practical learning and industry exposure. In this article, we will explore the rankings and placements of IIBS, including its strength as a management college in Bangalore.
Rankings of IIBS
IIBS may not be ranked among the top-tier business schools in India such as the IIMs (Indian Institutes of Management) or other renowned institutions like XLRI or ISB. However, it is often appreciated for its curriculum, faculty, and support for students in developing soft skills. While exact rankings vary, IIBS is consistently placed among the top mid-tier business schools in India.
According to various academic surveys, IIBS has consistently been ranked highly in certain categories.
Placements at IIBS
Placement Support: IIBS typically provides good placement support with dedicated placement cells that assist students in finding internships and job opportunities. This support is crucial for students to secure placements upon graduation.
Companies: The placement process usually involves a variety of companies from different sectors, including IT, finance, marketing, and consulting.
Average Packages: While the average salary packages at IIBS may be moderate compared to top-tier institutions, they are still competitive within their tier. Graduates can expect to receive offers that are competitive within the context of their institute's ranking.
Key Factors Influencing Placements at IIBS
Industry Connections: IIBS emphasizes building connections with industries, which can enhance placement opportunities for its students. Strong relationships with industry players can lead to more job offers and higher packaged opportunities.
Alumni Network: A robust alumni network also plays a significant role in placement success. Alumni often help current students with job referrals and mentorship, providing valuable insights and guidance.
Placements at IIBS Bangalore
Ranks and Surveys: IIBS Bangalore has seen excellent results in placement surveys. It has been ranked 3rd in All India Level for Placement among Best B-Schools in an All India Survey (2018) through Silicon India. The institute is also ranked 5th among India’s Top B-Schools in 2018 and 2nd among Southern B-Schools.
Placement Outcomes: 100% placement happens in IIBS Bangalore. Over 300 companies participate in campus placements, including renowned organizations like BCG, Brain, ABG, and Nestle, among others. The highest package offered exceeds INR 22 LPA, while the lowest package starts around INR 4 LPA, with an average around INR 10 LPA.
Diverse Roles: Graduates from IIBS Bangalore are offered roles such as product management, sales, marketing, consulting, and operations, reflecting the diverse skill set and industry exposure gained during their studies.
Mandatory Summer Internship at IIBS
IIBS prescribes a mandatory summer internship over a few weeks. The Internship and Placements Division owns the responsibility of providing summer internship projects to students across various companies. Additionally, the division conducts various workshops, conferences, and symposiums to build up students' leadership capabilities, further enhancing their employability.
For the most current and specific information regarding rankings and placements at IIBS, it is advisable to check the official IIBS website or contact their admissions office directly. They can provide the latest data and insights into the program's performance and student outcomes.