IBA Bangalore MBA Admission 2023: Leading B-School with Single Program Focus Completes 100% Placements; Check USPs, Fee, Placements, Selection Process; Admission is Open

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MBAUniverse.com News Desk |
April 6, 2023
Indus Business Academy (IBA) Bangalore, a leading B-school with single PGDM programme focus has completed Placement 2023 with 63% rise in highest salary and 11% rise in average salary. IBA offers 2 years full time PGDM which is recognized as MBA equivalent and is Internationally Accredited by IACBE, approved by CHEA & also accredited by National Board of Accreditation (NBA). IBA Admission 2023 is open and the Application process is online
IBA Bangalore MBA Admission 2023

Indus Business Academy (IBA) Bangalore, with single programme focus in mind – Post Graduate Management Programme, is a leading B-school which has established a tradition for excellence and quality in professional education over the years. Established in the year 2001, the founding mission at IBA has been to bring excellence in Teaching, Training, Corporate Networking and in Placements. The journey in pursuit of this mission has seen it progress into the league of Top B-Schools in India. IBA has been attracting students from all parts of the country making it a ‘mini-Indiapura.’

IBA Bangalore has completed 100% placements for the PGDM 2021-23 Batch with 63% increase in the highest salary which has gone up at Rs.22.26 LPA and 11% increase in average salary which has gone up at Rs.7.80 LPA from last year. MBA admission 2023 at Indus Business Academy (IBA) Bangalore is open for all categories of candidates - Karnataka domicile as well as Non-Karnataka candidates.

IBA Bangalore MBA Admission 2023 Open: Apply Now

Sharing the key focus areas and highlights of management education at IBA Bangalore, Dr Manish Jain, Founder and Chairman of the institute said, We aim to build managers and leaders who are hardworking, who believe in dignity of labour, who are team players and pragmatic, having their foot firmly on ground.”

Read in detail below why you should consider applying to IBA Bangalore to pursue your MBA

Table of Contents

  1. Indus Business Academy (IBA) Bangalore: Key Highlights & USPs
  2. IBA Leadership
  3. IBA PGDM Program & Specialization
  4. IBA Bangalore Fees 2023-25
  5. IBA Bangalore Placements 2023
  6. IBA Bangalore Seats for PGDM Program
  7. IBA Bangalore Scholarships, Fee Waivers & Awards
  8. Innovative Pedagogic Approach at IBA
  9. IBA Admission Eligibility Criteria 2023
  10. How to Apply for IBA Bangalore Admission 2023?
  11. IBA Bangalore Admission Process

Read below why you should consider applying to IBA Bangalore alongwith other good B-schools to pursue your MBA

1. Indus Business Academy (IBA) Bangalore: Key Highlights & USPs

1.1 Accreditations: PGDM at Indus Business Academy (IBA), Bangalore is now both Internationally and Nationally Accredited. It is Accredited by IACBE (Approved by CHEA) USA and is the 19th among the 58 B – Schools (Out of 5000+ B – Schools in India) to get an International Accreditation.  It is also accredited by NBA (National Board of Accreditation).

1.2 Ranking: IBA is ranked # 55 in MBAUniverse.com B-school Ranking 2022; IBA is ranked among top 125 B-schools in Govt of India, MHRD NIRF Ranking 2022; World Consulting & Research corporation (WCRC) has certified IBA (process evaluated by KPMG) as one of Asia’s fastest growing Institutes.

  • 23rd All India by ‘Competition Success Review’ (CSR-GHRDC) B-Schools Survey 2022
  • 28th All India by ‘Outlook India’ B-School Survey 2022
  • 42nd All India by ‘Times of India’ B-School Survey 2022
  • 47th All India by ‘The Week’ B-School Survey 2022

1.3 AICTE Approved: IBA PGDM is approved by All India Council for Technical Education (AICTE) and is accorded MBA equivalence by Association of Indian Universities (AIU)

1.4 Moderate Fee: IBA Bangalore Fees for 2 Years PGDM programme is Rs.9.45 lakhs which is much lower than any other good B-school

1.5 Strong IBA Bangalore Placements 2023: IBA has a consistent record of good placements. 100% Placements 2023 are completed with Average salary going up at Rs.7.80 LPA and Highest Salary at Rs.22.26 LPA.

1.6 Top Recruiters: More than 100 companies participate in IBA placements. Top recruiters at IBA Bangalore include Colgate, Federal Bank, KPMG, TCS, Landmark Group, BYJU’s, Berger paints, Deloitte, CIPLA Elexes, Aditya Birla Fashion & Retail, Info Edge, PwC, Godrej & Boyce, Tech Mahindra

2. IBA Leadership
Dr. Subhash Sharma is the Chief Mentor & Senior Professor, IBA Bangalore. He holds Post Graduate Diploma in Management (PGDM) from the Indian Institute of Management, Ahmedabad (IIM-A) and Ph.D from University of Southern California (USC), Los Angeles. Dr. Subhash Sharma has assisted in the development of WISDOM (Women’s Institute for Studies in Development Oriented Management) at Banasthali University; has been the Founder Director of Indian Institute of Plantation Management, Bangalore and is also a Founding Member of Indus Business Academy.  

3. IBA PGDM Program & Specialization
IBA Bangalore offers PGDM programs with a wide range of specializations. IBA offers  PGDM programs with following specializations

  • 2 Year Full Time AICTE Approved Residential Post Graduate Diploma in Management (PGDM)
  • 2 Year Full Time AICTE Approved Residential Post Graduate Diploma in Management (PGDM-General)

3.1 IBA PGDM Specializations
IBA offers diverse specializations in its PGDM Programs as below

  • Business Analytics
  • Entrepreneurship
  • Finance
  • Human Resources
  • International Business
  • Marketing
  • Operations
  • Retail Management

4. IBA Bangalore Fees for PGDM 2023-25
The 2 years IBA Bangalore Fees for PGDM and PGDM General 2023-25 batch is Rs. 9,45,000/-.

PGDM offered at IBA is a residential course and residential charges vary between Rs.234,000 and Rs. 3,42,000/- for the 2 years PGDM program, depending on the type of occupancy. Students have a choice to stay in single / single with attached bathrooms, double/double with attached bathrooms or triple accommodation rooms.

5. IBA Bangalore Placements
Over the years, IBA Bangalore has recorded consistently high placements. The placement 2023 for the 2021-23 batch has recorded 63% increase in highest salary and 11% rise in average salary. There were more than 100 companies who participated in placement 2023 and made offers to participating students. Key highlights of IBA Bangalore placements are:

IBA Bangalore Placements 2023: Key Highlights

  • Completes 100% Placements for PGDM 2021-23 Batch
  • Highest Salary up by 63% at Rs.22.26 LPA
  • Average salary up by 11% at Rs.7.80 LPA
  • PGDM 2021-23 Batch size: 140 students
  • No. of Students who opted out: 4 Opted out for Entrepreneurship Venture
  • Total No. of students participated in Placements 2023: 136
  • Top Recruiters include Deloitte, PWC, FedEx, Federal Bank, Aditya Birla, London Stock Exchange, Isuzu, Colgate, First Meridian, OM Logistics, Paytm among others
  • Key Placements 2023 Trends: A good number of core companies have shown interest in campus hiring this year. This year, 24% of the offers made at IBA Bangalore are from the core industries.
  • Recruiters from Diverse Sectors including Banking, Finance, Fintech, FMCG, Food and Beverages, HR Consulting, Insurance, Internet and E-commerce, IT and Retail participated in IBA placements 2023

6. IBA Bangalore Seats for PGDM 2023-25 Batch
Indus Business Academy has 240 seats for its PGDM and PGDM-General 2023-25 batch as below:

Program Offered
Total Seats

7. IBA Bangalore Scholarships, Fee Waivers & Awards: Worth in Crores
IBA Bangalore offers Fee waivers, number of scholarships and awards to its deserving students.

7.1 Atal Bihari Vajpayee Memorial Scholarship
Student/s having aggregate (all subjects) marks of 60% or above in Class X, XII, Graduation and having percentile/Composite Score as mentioned below in the Entrance Tests would be awarded Scholarships as below:

CAT 2022 / XAT 2023 / GMAT or GRE (after July, 2022)
MAT 2022 & 2023 / ATMA 2023
CMAT 2023 (As per format of results published by  CMAT)
85 percentile or above
Composite Score of 750 or above
above 95 percentile OR AIR 1-999
80 to 84.99 percentile
Composite Score of 700 to 749
90 to 94.99 percentile OR AIR 1000-2499
Rs.  80,000
70 to 79.99 percentile
Composite Score of 650 to 699
80 to 89.99 percentile OR AIR 2500-3999
Rs.  70,000
60 to 69.99 percentile
Composite Score of 600 to 649
70 to 79.99 percentile OR AIR 4000-4999
Rs.  60,000

7.2 Scholarships: Based on Academic Record
Students who meet below mentioned criteria will be awarded one of the following scholarships. A student will be awarded the best option, if eligible for more than one scholarship

  • ‘Pandit Jawaharlal Nehru Memorial Scholarship': Student/s having aggregate (all subjects) marks of 60% or above in Class X, XII and Graduation, would be awarded a Scholarship of Rs.50,000/-
  • ‘Sardarar Vallabhbhai Jhaveribhai Patel Memorial Scholarship’: Student/s having aggregate (all subjects) marks of 70% or above in Class X, XII and Graduation, would be awarded a Scholarship of Rs.60,000/-
  • ‘Netaji Subhas Chandra Bose Memorial Scholarship’: Student/s having aggregate (all subjects) marks of 80% or above in Class X, XII and Graduation, would be awarded a Scholarship of Rs.70,000/-

7.3 IBA Fee Waiver Scheme for Deserving Students
IBA Fee waiver scheme is applied for the benefit of deserving students coming from economically weaker section. The scheme is need based

Scheme Name & Applicable Year
No. of Students to be benefitted
Eligibility criteria
Mother Teresa Fee Waiver: 1st Academic Year
Rs.25000 to Rs.35000
10 Students
Economically weak and Need based
Tirthankara Mahavira Swami Fee Waiver: 2nd Academic Year
Rs.25000 to Rs.35000
10 Students
Economically weak and Need based
Shri BML Jain Memorial Special Scholarship for wards of Defence & CRPF Personnel -2nd Academic Year
25% Fee Waiver on Academics
Wards of Defence & CRPF Personnel
Defence & CRPF Personnel wards
OBSM (Overseas Business Studies Mission)- 2nd Academic Year  
Opportunity for International Study Programme (OBSM)
Deserving students visit1 B-Schools and corporations in countries like Singapore, Malaysia, Dubai
Top 50% performers in Academics at the end of 1st year

7.4 IBA Bangalore Awards Scheme for Students
IBA Bangalore confers following awards to deserving students in first year as well as in second year and at the time of Convocation.

Amount (Rs.)
To whom Conferred
Swami Vivekananda Memorial Award
Given to Topper in Academics in 1st Trimester
Dadabhai Naoroji Memorial Award
Given to 2nd Topper in Academics in 1st Trimester
Chhatrapati Shivaji Raje Bhosle Memorial Award
Given to Topper in Academics in 2nd Trimester
Mohandas Karamchand Gandhi Memorial Award
Given to 2nd Topper in Academics in 2nd Trimester
Dr. B.R Ambedkar Memorial Award
Given to Topper in Academics in 3rd Trimester
Shaheed Bhagat Singh Memorial Award
Given to 2nd Topper in Academics in 3rd Trimester
Dr. Sarvepalli Radhakrishnan Memorial Award
Given to Topper in Academics in 4th Trimester
Jayaprakash Narayan Memorial Award
Given to 2nd Topper in Academics in 4th Trimester
Maulana Abul Kalam Azad Memorial Award
Given to Topper in Academics in 5th Trimester
Rani Lakshmi Bai Memorial Award
Given to 2nd Topper in Academics in 5th Trimester
Rabindra Nath Tagore Memorial Award
Given to Topper in Academics in 6th Trimester
Lala Lajpat Rai Memorial Award
Given to 2nd Topper in Academics in 6th Trimester
Amount (Rs.)
Eligibility Criteria
Dr. Anil Agarwal
Memorial Award
Best IBA student (who excels in Academics, Discipline, Team Leadership & Extracurricular activities in all the 6 Trimesters of the course)
Shri B.M.L Jain
Memorial Award (Gold Medals)
This award is given to the students along with the Gold Medal who scores more than 8.7 CGPA at the completion of the PGDM Programme
Sir Mokshagundam Visvesvaraya
Memorial Award (Silver Medals)
This award is given to the students along with the Silver Medal who scores more than 8.3 CGPA at the completion of the PGDM Programme
Smt. Gyanmati Devi Jain
Memorial Scholarship
This Scholarship is given to a student who excels in different/unique areas like Research initiatives etc. (varies every year)
Smt. Padma Devi Jain
Memorial Award
This award is given to top two students of the Batch on their performance during the Corporate Internship Programme as per the criteria decided by the Institute

8. Innovative Pedagogy
IBA differentiates itself from other B-Schools by its innovative pedagogy and its teaching excellence. Regular Guest Lectures, company visits and panel discussions help students relate books with reality. PGDM at IBA is an Industry Driven and Students participation based Management Programme which not only focusses on teaching Management but also various skill building programmes, this helps students to plan their career for long term rather than a first job. IBA sources best of the senior practitioners who teach electives in second year.

Courses like Emotional Intelligence, Critical thinking, Transition Management, Managing Business Disruption and Social Entrepreneurship are taught in depth to develop them as holistic management professionals. In addition, they are also certified by KPMG in Six Sigma, in entrepreneurship by EDII & NEN (Wadhwani Operating Foundation, USA) and in Business Strategy through Capstone programme offered by CAPSIM, USA.

Students are assigned mentors who help students professionally and also nurture their skills to handle stress. In the second year, their transition to corporate gets dedicated attention through deep interactions with the alumni and senior practitioners from the industry.

IBA Bangalore Admission Criteria 2023 describe in detail the admission eligibility, shortlisting criteria, Fee, cut offs and final selection criteria in admission process.

9. IBA Admission Eligibility Criteria 2023

  1. IBA Bangalore eligibility criteria require that the candidate must hold a bachelor's degree of minimum 3 years duration in any discipline, with at least 50% marks or equivalent
  2. For SC/ST/OBC & other reserved category Candidates the minimum required percentage of marks is 45% in graduation.
  3. The candidate should have appeared in at least one of the MBA entrance exams - CAT 2022/XAT 2023/ CMAT 2023/MAT 2022/2023/ATMA 2023/ NMAT 2022 / GMAT after Sept. 2022/ GRE after Sept. 2022/GATE 2022/23.
  4. IBA will also accept score of State MBA entrance exams like MAH-CET 2023, KMAT 2023, PGCET 2023  
  5. You need to submit the photocopy of Score Card along with filled Application Form.
  6. If the candidate is awarded grades/CGPA instead of marks, the equivalence to determine PGDM admission eligibility would be based on the equivalence certified by the institution/university from where the bachelor's degree is obtained. In case the institution/university does not have any scheme for converting the CGPA into equivalent marks, the equivalence would be established by IBA Bangalore to confirm the Admission eligibility of the candidate. 
  7. A candidate appearing for the final year bachelor's degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results are also eligible to apply

10. How to Apply for IBA Bangalore Admission 2023? Step by Step Application Process
Application for MBA Admission 2023 at IBA Bangalore should be filled up and submitted online at the institute’s website. Then you need to send the hard copy of it to IBA Bangalore. The IBA Application process is shared below:

  • Step-1: Register at IBA website. You will receive a mail for login credentials after registering for admission on IBA website.
  • Step-2: Fill Up all personal details & click on Save & Continue
  • Step-3: Fill up academic details from class 10 onwards
  • Step-4: Fill in details about your work experience, if any
  • Step-5: Enter details about family background. Enter all the information regarding parent's / guardian’s address, email ID, telephone number, and mobile number 
  • Step-6: Enter program name you are applying for, GD-PI Centre
  • Step-7: Make payment of application fee online. Application Fee can be paid through Credit Card / Debit Card / Internet Banking / Demand Draft / UPI.
  • Step-8: After payment of the application fee and submission of the application form, you will receive a PDF copy of filled application form on your registered primary email id. You need to send a printed copy of filled application form along with other documents as mentioned in the email received by you after submitting Online Form.

Once the application is received by the Admission Department of IBA Bangalore, you will receive a confirmation call and an email from the admissions department regarding the initial round of selection process i.e. submission of the SOP (Statement of Purpose).

IBA Bangalore MBA Admission 2023 Open: Apply Now

The application process for IBA Bangalore admission 2023 is open now. IBA last date to apply for admission 2023 will be announced soon. Final year students are also eligible to apply

11. IBA Bangalore Admission Process 2023
IBA Bangalore Admission Criteria 2023 is a two step process involving the Shortlisting criteria based on entrance exam score & the academic background and the Final admission selection process based on other key components apart from entrance exam score like SOP, work experience, extra curricular activities and Interview performance

11.1 IBA Bangalore Shortlist Criteria
The first part of IBA Admission criteria is the IBA Bangalore shortlist criteria before final selection round. IBA Bangalore will shortlist the candidates on the basis of following parameters:

  • IBA will consider aggregate scores of 10th, 12th and Bachelor Degree performance
  • IBA will short-list the candidates for GD/PI round based on their best available test scores in CAT/XAT/GMAT/MAT/CMAT/ATMA/GRE/GATE/NMAT/GRE/GATE
  • Applicants may submit more than one entrance test score. IBA will consider the best test score for shortlisting

11.2 IBA Final Selection Criteria
The objective of IBA MBA Admission 2023 process is to assess communication skills, presentation skills, knowledge on current affairs, entrepreneurial abilities, understanding of markets, attitude, and aptness to take up the rigour of the programme.

  • Post short-listing on the basis of available scores, applicants will be called for the final selection round (GD-PI Round)
  • The candidates have to submit Statement of Purpose (SoP) during final selection round
  • All the shortlisted candidates are eligible to go through the GD/PI round
  • Final selection is based on entrance exam score, Statement of Purpose (SoP), Academic Performance, Work Experience, performance in Group Discussion (GD) or Personal Interview (PI)1 and PI 2
  • Final results will be declared within 3 to 4 working days from the day of PI 2
  • Selected students are required to pay the prescribed fee within the specified date as mentioned in admission letter after the selection results failing which the seat will be offered to next deserving candidate
  • New Academic Session will commence in June 2023

11.3 IBA Bangalore Cut Off  
IBA considers the overall performance of an aspirant like marks in 10th, 12th and Bachelor Degree, whether aspiring students have interests like sport, dance and other extracurricular activities, etc. Personal Interview plays an important role in selection process and aspirants are advised to prepare well for the Personal Interviews. The aspiring candidate is offered an admission to IBA purely on the performance as tabulated below.

IBA Admission 2023: Final Selection Weightage
Final admission offer by IBA Bangalore for PGDM 2023-25 batch will be made on following parameters:

Scores of Aptitude Test (list of accepted tests given under Eligibility Criteria)
20 marks
Original Score Card will be verified during Personal Interview
Consideration of Bachelor Degree Marks, 12th Standard, 10th Standard Marks & Work Experience / Extra-curricular activities
35 marks
10 Marks each for Bachelor Degree, 12th and 10th Standard. 05 marks for Work Experience / Extra-curricular activities
SOP (Statement of Purpose)
10 Marks
Assessment will be done at GD-PI Centre
Group Discussion (GD) or Personal Interview (PI) 1
35 marks
Personal Interview (PI)*
100 marks

*It is necessary for an applicant to clear the Personal Interview round for Admission at IBA.

IBA Bangalore has been working with industry and academia for developing new domains of managerial thought and education and contributing to the process of building leaders in today’s global business environment. In previous Batches of IBA Bangalore, 25% to 30% of Batch comprised students with varied work experience up to 6 years. It may be noted that the Admission at IBA is purely on Applicant’s merit & performance during the Admission Phase.

IBA Bangalore is one among the largest integrated B-School having built-up area of approx. 3.0 Lac sq. ft over 8.5 acre campus dedicated only for the Management programme. The students have access to dedicated resources, laptops loaded with software to access databases, data mining, statistical tools and more than 3500 management journals, access to business news, Bloomberg Businessweek etc. The campus is equipped with modern facilities including in-house store, ATM, Gym, Doctor, indoor and outdoor sports facilities. IBA Bangalore is possibly one of the very few or the only institute that teaches Critical Thinking, Emotional Intelligence, Sales and Negotiation, Interpersonal Interactions and Managing life transitions as a full course. All these courses and practical learnings helps students develop as confident individuals, ready to take challenges and perform in today’s competitive world.

Hope you found this article on IBA Bangalore admission 2023 helpful in taking MBA admission decision. The application process for IBA admission is open and you can Apply Now

Stay tuned to MBAUniverse.com for more updates on IBA Bangalore

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