IIEBM-Indus Business School, Pune

Overview

Indus Business School (IIEBM), Pune, is a renowned Business School in Maharashtra, that focuses on providing industry training to qualified professionals. It is particularly notable for its focus on technology and business analytics. There are two main programs: PGDM in general management (two years) and PGP in SAP ERP (one year, for students with an engineering or IT background). The School also offers several short term and part time executive education programs.through the year.

IIEBM Pune has consistently produced some of the best placement results in the Pune region. The highest CTC offered in the most recent placement season was INR 30 LPA, with the median and mean CTCs exceeding INR 10 LPA and INR 7.5 LPA, respectively. More than 300 recruiters (including Deloitte, ITC Limited, and KPMG) made more than 800 total offers. Up to 30% of students received pre-placement offers. Industrial readiness is ensured through a mix of the summer internship, optional winter internships, and live projects. The curriculum is organized according to global standards, with the School having tie-ups with Harvard Business School online to bring the case study method to its classrooms.

IIEBM's campus has many unique features. Some facilities provided to students include a Meditation Center, a Sports and Wellness Complex, a state of the art auditorium, and an extensive library. Student clubs organize regular events based on co-curricular and extracurricular topics, including boot camps in entrepreneurial mindsets. More than 600 distinguished corporate speakers have given talks on the IIEBM campus, with 100+ CXOs participating in interactive sessions with students.

Highlights

Fees

The total academic fee for the two year PGDM program at IIEBM Pune is INR 7.95 Lakh, with more than 70% of this amount payable in the first year. This includes the tuition fee, employee enhancement training and certifications, industry interaction charges, placement and training fees, industrial tour cost, outdoor management training, business magazines and newspaper subscriptions for two years, the college uniform, bag, and planner, in addition to examination fees and usage of academic facilities. The academic fee for the one year PGP - ERP program is INR 3.75 Lakh.

All first year students of IIEBM Pune must stay in the hostel. The hostel fees (which includes the mess charges) are INR 1.3 LPA (for students living in the old block) and INR 1.5 LPA (for students in the new block). All students must also bring their own laptops to the campus. The School also has education loan collaborations with major private and public banks, including SBI, HDFC Bank, Axis Bank, and IDFC First Bank.

Admissions

The eligibility criteria for admission to the PGDM program at IIEBM Pune are as follows:

• The student must possess pass certificates at three levels: Standard X and XII Board Examinations (from a recognized Board of Higher Secondary Education in India or abroad), and undergraduate studies, from any recognized University.
• The aggregate across all undergraduate semester exams must exceed 60%.
• Students in the final year of a UG degree may also apply, on the condition that they submit their final mark sheets before joining IIEBM.
• Any one of the following entrance test scores is mandatory: CAT, XAT, CMAT, MAT, NMAT, ATMA, or GMAT. Any other MBA Aptitude test approved by AICTE is also allowed.

The criteria are simplified for applicants to the PGP - ERP (SAP) program: only candidates with an IT or engineering background at either UG or PG level (e.g. BE, BTech, BCA, MCA) can apply. In addition, their average score in the final year of the qualifying degree must be 55% or higher.

The steps in the admission and application process are:

• Accessing the application form either online (https://admission.iiebm.com/) or from the IIEBM office.
• Filling up the application form with accurate academic and personal details.
• Uploading supporting documents, including photographs, MBA entrance test scorecard, birth certificate, UG academic transcripts and degree certificate, and (if applicable) a work experience certificate. After payment of the application fee, the form can be submitted.
• Shortlisted candidates are given a date for the final round, consisting of a Written Assessment, Group Discussion (GD) and Personal Interview (PI) rounds.
• The final merit list is released after the GD/PI round, and candidates who receive offers must pay the first installment of the tuition fees within 10 days of receipt, failing which the next student in the list is given a chance to join.

PGP - ERP (SAP) applicants must follow a similar process. However, instead of the Group Discussion round, a Technical Interview is conducted.

Placements

As one of the top MBA colleges in India, the placement highlights  of IIEBM Pune are as follows: 

• Between 25% and 30% of all students received Pre-Placement Offers from their summer internships.
• More than 300 students visited the IIEBM campus during the most recent placement season, with more than 800 jobs offered.
• The highest CTC offered in the most recent placement season was INR 30 LPA.
• The average salary package was INR 7.5 LPA.
• Prominent recruiters included Deloitte India, Nerolac, Federal Bank, ITC Limited, Amazon, and Nestlé.
• IIEBM has a culture of encouraging winter internships to improve the students' familiarity with industrial conventions.
• IIEBM also has academic collaborations with Harvard Business School Online, SAP, IBM, CRISIL, MIT, edX, KPMG, and the London School of Digital Business. These partnerships increase the corporate readiness of the students and ensure improved placement performance.
• The most popular sector for final placements was Marketing (32% of all graduating students), followed by Strategy (18%), and General Management (15%).
• 37% of students took up job offers in the E-Commerce and Service Industry, followed by the Real Estate Sector (15%).
• The average CTC has constantly risen over the past three years, from INR 5.6 LPA to INR 6.8 LPA to INR 7.5 LPA.
• The median CTC in the 2023 placement season was INR 10 LPA.
• The Training and Placement Cell of IIEBM Pune conducts a ten-step process to ensure that the placement process runs smoothly, from initial corporate interactions to resume building workshops, and GD/PI training to final interview facilitation.
• A diverse set of companies participate in the summer internship process. In addition to the blue chip recruiters taking part in final placements, summer internships feature MNCs such as Coca Cola, UB Group, and Tata Consultancy Services.

Cut-Offs

During the application phase to the PGDM program at IIEBM Pune, a cut-off of 60% on the UG aggregate performance across all 3/4/5 years is applied. There is no predetermined cut-off during any subsequent phase of evaluation (Entrance Test Percentile, Written Assessment, Group Discussion, Personal Interview), though higher scores increase the probability of selection. 

Applicants to the PGP - ERP (SAP) program must have an aggregate of 55% in the final year of UG studies.

Faculty & Alumni

IIEBM Pune is home to 35 full time Faculty members, who are also referred to as Subject Matter Experts. Together, they work with students of different specializations (including Finance, Marketing, Human Resources, Business Analytics, and Operations), and guide students while preparing for internship selection procedures and final placement interviews.

The Alumni Network of IIEBM Pune consists of more than 3,000 senior professionals spread all over the world. Alumni of IIEBM Pune can stay connected with the School through a dedicated alumni portal, which has two major functions: to keep graduates of IIEBM informed about happenings on campus, and to facilitate professional networking among the alumni through regular job postings and a searchable database according to location and field of work.

Scholarships

As in other top MBA colleges in India, there are multiple financial aid options available to students of IIEBM Pune. The School primarily awards need-based Merit Scholarships to students.who are from financially disadvantaged backgrounds. Students must produce family income certificates and details of academic and co-curricular achievements. After.this, the School decides the number of awardees and the quantum of financial aid awarded to each.

PGDM students of IIEBM Pune are also free to apply to external agencies (both Government and Private) for scholarships, or for education loan using the School's name.

Preparation & FAQs

Initial shortlisting for the PGDM program at IIEBM Pune is done on the basis of the MBA entrance test. Candidates should attend virtual or in person classes, work out several sample papers and mock tests, improve their conceptual understanding of topics in which they are weak, and ensure that they look through previous years’ solved exam papers to understand the format thoroughly. During the GD and PI rounds, During the GD phase, candidates must work on their confidence, content, team work, and reasoning skills.

Frequently Asked Questions (FAQs)

Q. Which is the best Business School in Pune?

IIEBM Pune is one of the best MBA colleges in India, and is a contender for best Business School in Pune. It is ranked #44 among all Private Business Schools in India, according to the IIRF 2024 ranking list.

Q. What are the requirements relating to the passport size photographs submitted with the IIEBM Pune application form?

Students must submit recent passport size photographs with the IIEBM application form, showing their face clearly, against a light background, looking straight at the camera.

Q. What Executive Education programs are conducted by IIEBM Pune for experienced professionals?

IIEBM Pune conducts open Management Development Programs (MDPs) in more than 10 cutting edge areas of Business Leadership, including Public Speaking and Data Analytics for Business Strategy, in addition to customized MDPs based on company requests.

Q. What is the weightage for different parameters in the admission process to the PGDM program at IIEBM Pune?

Indus Business School, Pune, takes 6 criteria into consideration while preparing the final merit list for admission to the PGDM program:

• Personal Interview: 30%.
• Academic Record (Standard X, XII, UG): 20%.
• Group Discussion: 20%.
• MBA Entrance Test score: 15%.
• Written Assessment: 15%.
• Work Experience: Has a positive impact on the admission decision, but the weightage is not quantified.