International Institute of Management Science (IIMS), Pune

Overview

The International Institute of Management Science (IIMS), Chinchwad Campus, Pune, offers a full time MBA degree program, affiliated with Savitribai Phule Pune University. Five specializations are available to MBA students: Finance, Human Resources, Marketing, Operations, and Business Analytics. IIMS also has a powerful research wing, where PhD students study cutting edge fields including Organizational Behavior, Marketing Management, Financial Management, and HRM. In addition to the basic curriculum, MBA students of IIMS Pune are encouraged to constantly improve their skills through professional certification courses available through the institute. IIMS’ location in the industrial hub of Chinchwad ensures that students are immersed in industry best practices, with neighboring companies including Tata Motors and SKF Bearings.

IIMS Pune (Chinchwad campus) has a robust placement record. The percentage of students placed has hovered around the 75% mark in recent years. The highest package offered was INR 7.5 LPA in the most recent placement session for which data is available (2022), approximately the same as the number in previous years, and slightly lower than that in the best MBA colleges in India. The average package was INR 3 LPA. Some prominent recruiters (for both full time jobs and part time internships) are Bajaj Allianz, Career Launcher, Deloitte, Byju’s, Infosys, ITC Limited, ICICI Securities, Marico, Parle Agro, Symantec, WNS Global, and Vedantu. Extracurricular activities are encouraged at IIMS Pune, with multiple events in the student calendar every year. Yashopravesh, where incoming batches are welcomed, is a key highlight. Crescendo is a cultural, technical, and management festival, where all students can exercise their talents outside the classroom.

Highlights

Fees

The academic fees for all programs at IIMS Chinchwad are decided by Savitribai Phule Pune University. For example, the tuition fee for MBA students at the Institute is INR 15,205 per semester, which is much lower than at the other top MBA colleges in India. This includes:

• Admission Fee.
• Tuition Fee.
• Examination Fee.
• Self study material Fee.

Therefore, after students pay the application fee, they need not pay any other academic fee other than the lump sum mentioned above. However, the Institute can collect a caution deposit and placement fees. Students who choose to stay in the IIMS hostel must pay additional accommodation and mess fees.

Admissions

The eligibility criteria for MBA applicants to IIMS Chinchwad are as follows:

• The applicant must be a citizen of India.
• The candidate must be in the final year of (or have already passed) an undergraduate degree of minimum ofum three years’ duration from an Institution of Higher Education recognized by the University Grants Commission.
• The aggregate over all the years of the Bachelor’s degree must exceed 50%. This is relaxed to 45% for reserved category candidates.
• The applicants must have a valid score card in any of the following MBA entrance tests: CAT, CMAT, or MHT-CET.

The criteria for MCA candidates are similar. However, the UG degree must be in Computer Science or Information Technology, and only MHT-CET scores are accepted. PhD applicants must have an aggregate above 55% (0r 50% for reserved category candidates) in their PG (Master’s) degree, and must pass either the PET or UGC-NET examination.

The process of admission to the MBA program at IIMS Chinchwad (via the MHT-CET pathway) has the following steps:

• Filling up academic history details on the MHT-CET website, including marks obtained and subjects taken at Standard X and XII levels.
• Uploading all documents required to the MHT-CET server.
• Payment of the registration fees through any online mode (netbanking / debit card / credit card).
• Verification of documents in person at any IIMS authorized center.
• Merit list released on the CET website.
• Filling up the counseling choice sheet. The College Code for IIMS is MB6775, and the MBA Choice Code is 677510110.
• Reporting to the ARC center for the final counseling confirmation, and visiting the IIMS Chinchwad campus on the given date to pay the first semester’s fees and complete the academic registration process.

Applicants to the PhD in Management program at IIMS must attend an interview on campus after submitting their application. The Institute releases a PhD admission notice every year with a list of successful applicants.

Placements

IIMS Pune (Chinchwad) has a consistently strong placement record. The percentage of students placed has recently been above 75%, and the highest salary offer was INR 7.5 LPA in the most recent placement session, in line with the number from previous years. The average package was INR 3 LPA. Some prominent recruiters (for both full time jobs and part time internships) are Bajaj Allianz, Career Launcher, Deloitte, Byju’s, Infosys, ITC Limited, ICICI Securities, Marico, Parle Agro, Symantec, WNS Global, and Vedantu. Some common job roles for which students are recruited are Human Resources Executive, Financial Analyst, Sales Trainee, Faculty Trainer, Agri Advisor, Process Executive, Assistant Sales Manager, Digital Marketing Executive, and Senior Financial Services Advisor.

IIMS has a well defined procedure to make sure that the placement season runs smoothly. After each company expresses interest and sends in Job Descriptions, pre-placement talks are organized to ensure complete awareness among all interested students. Students may apply online, and companies receive the CVs of interested candidates, and release shortlists. Finally, the Personal Interview and Group Discussion rounds are organized in and after December each year, leading to the final job offers. Only students who have completed their Summer Internships and submitted their reports may appear for placements, ensuring that industrial exposure is taken seriously.

Cut-Offs

The cut-offs for the three programs offered by IIMS Pune are based on undergraduate semester exam aggregate across all years of study as follows:

• MBA and MCA: Minimum 50% UG aggregate; relaxed to 45% for reserved category candidates.
• PhD: Minimum 55% Master’s degree aggregate; relaxed to 50% for reserved category candidates.

There is no cut-off specified ahead of time during the MHT-CET counseling process. The cut-off for each round of counseling is announced after the round ends, and is equal to the score of the last candidate who is allotted a seat at IIMS in that round.

Faculty & Alumni

IIMS Pune (Chinchwad Campus) is home to 11 full time Faculty members, including one full Professor, 2 Associate Professors, and 8 Assistant Professors. Together, they cover all the essential MBA disciplines for all five specializations offered by the Institute, including General Management, Human Resource Management, Marketing, Finance, Supply Chain Management, Operations, Labor Laws, and Data Analytics. They also work with students to improve their overall industry awareness and placement readiness. IIMS also invites senior corporate professionals and alumni to conduct workshops on campus to inspire students.

The Alumni Committee of IIMS Chinchwad works to ensure long term connections between graduates and current students of the Institute. It facilitates professional networking among alumni who work in similar fields, and invites distinguished alumni to the IIMS campus for interactive sessions and training workshops. It also works with the Training and Placement Cell to leverage the alumni network for internships and job placements.

Scholarships

The International Institute of Management Science (IIMS), Chinchwad Campus, Pune, offers 6 categories of financial support to students, primarily to those from socially disadvantaged communities:

• SC students: 100% tuition fee waiver.
• ST, DT, NT, and VJNT students: 90% tuition fee reduction (only 10% of fees are to be paid).
• OBC students: 50% tuition fee reduction.
• EBC students: 50% tuition fee reduction.
• “Earn and Learn scheme”: On-campus part time work opportunities provided to students to help them pay the tuition fees and living costs.
• Partnerships with multiple banks for student education loans at reasonable rates of interest.

Students must submit identity, personal, financial, and caste certificate documents during the scholarship application phase, soon after the admission process takes place.

Preparation & FAQs

The bulk of the preparation for admission to IIMS Pune is focused on the MBA Aptitude entrance test. Whether the student chooses to appear for the CAT, CMAT, XAT, or MHT-CET, he/she must prepare for the quantitative, logical reasoning, and verbal sections through a combination of theory classes and mock tests. Students are advised to attempt sample papers to familiarize themselves with the format and difficulty level of their chosen examination.

Frequently Asked Questions (FAQs)

Q. Which is the best Business School in Pune?

The International Institute of Management Science (IIMS), Pune - Chinchwad Campus, is a contender for best Business School in Pune. It is one of the top MBA colleges in Maharashtra, with a rank of 77 in the latest IIRF 2023 list of best MBA colleges in India.

Q. What is the examination format for MHT-CET 2024 for MBA applicants?

The MBA question paper for MHT-CET 2024 will have 200 questions, all of which will be multiple choice. The total time allotted is 2.5 hours, and there will be no negative marking. MHT-CET 2024 will be an online examination, conducted only in English.

Q. What are the four sections in the MHT-CET 2024 question paper for MBA aspirants?

The MHT-CET entrance test for MBA aspirants will have four sections: Logical Reasoning, Abstract Reasoning, Quantitative Aptitude, and Verbal Ability (Reading Comprehension). These sections will respectively consist of 75, 25, 50, and 50 Multiple Choice Questions, with an average of 45 seconds per question.

Q. What are the rules laid down by the Training and Placement Cell, IIMS Pune, for smooth conduct of the job interview process?

The main rule binding all IIMS students sitting for placements is that one student can only accept one job offer. Therefore, if a student is attending multiple companies’ interviews on the same day, he/she must fill out a preference sheet beforehand, so that only one offer will be active, with all the rest being invalidated.

Q. Is the MBA Program at IIMS Pune (Chinchwad campus) approved and accredited?

The MBA Program at IIMS Pune is approved by AICTE, and affiliated with Savitribai Phule Pune University. It is recognized by the Directorate of Technical Education, Government of Maharashtra, and is accredited by NAAC and ISO certified for quality standards.

Q. What facilities are available to help startup enthusiasts at IIMS Chinchwad?

The Incubation Cell at IIMS Pune (Chinchwad Campus) works to assist PGDM students who are interested in entrepreneurship with startup mentorship and funding.

Q. Which minor specializations are available to MBA students of IIMS Chinchwad?

In addition to the five major specializations, IIMS also allows its students to take up minors, which are highly specialized fields of study. Four minors are offered by IIMS: Rural & Agribusiness Management, Pharma & Healthcare Management, Tourism & Hospitality Management, and International Business.