IIM Bangalore Admission 2024 Process has Opened with CAT 2023 Registration; Check Reduced Cut Off & Weightages, Fees, Placements; Last Date-Sept 13

With many changes introduced in its admission process 2024, IIM Bangalore MBA Admission 2024 process has opened with the beginning of CAT 2023 exam registration process on August 2, 2023. The last date to apply for IIM Bangalore MBA admission 2024 is September 13, 2023. No separate application for IIM Bangalore MBA Admission needs to be submitted nor any application fee is to be paid. You should opt for IIM Bangalore MBA program and choose interview centres in the CAT 2023 application form which includes IIMB application for admission with application fees.

IIM Bangalore has significantly revamped its shortlisting and final selection criteria. While higher weightage to CAT 2023 score will be awarded, no weightage will be given for graduation marks and for academic diversity in shortlisting for PI round. Earlier, IIM Bangalore had kept its CAT cut offs on lower side and had preferred to award higher weightage to performance in PI-WAT round. However, now the components for IIMB admission criteria and weightages are substantially changed

IIM Bangalore Admission 2024: Significant Changes at a Glance
IIM Bangalore has introduced significant changes in the shortlisting criteria as well as in final selection process and has made following important changes for PGP admission 2024-26 batch:

IIM Bangalore Shortlisting Criteria: 6 Key Changes
Based on last year admission policy, following are the 6 key changes in IIMB Admission criteria 2024

1. CAT Score Weightage Up: CAT 2023 Score Weightage increased to 55% from 40% earlier
2. Class 10 Weightage Down: Weightage for Class 10 Marks reduced to 15% from 20% earlier
3. Class 12 Weightage Up: Weightage for Class 12 Marks increased to 15% from 10% earlier year
4. No Weightage for Bachelor’s Degree: No Weightage will be given for Bachelor’s degree marks, earlier it had 20% weight
5. Gender Diversity Weight Up: Weightage for Gender Diversity Increased to 5% from 2% earlier
6. Work Ex Weight Up: Weightage for Work Experience increased to 10% from 8% earlier

IIM Bangalore Final Selection Criteria: 3 Key Changes

1. PI Weight Up: Weightage for Personal Interview goes up at 35% from 30%
2. XII Class Weight Up: Weightage for 12^th class marks have gone up to 10% for admission 2024 from 5%
3. Weightage for Graduation Dropped: Like its shortlisting criteria, No Weightage for Bachelor’s degree marks will be given in IIM Bangalore final selection criteria for admission 2024. Earlier 10% weightage was awarded to performance in graduation in IIMB final selection criteria

IIM Bangalore admission application opens with the start of CAT 2023 registration process in the first week of August 2023. Read below all about the key USPs of IIM Bangalore, key changes in IIMB admission process 2024, cut offs, programs offered, Fees, Placements and more 

 Table of Contents

1. IIM Bangalore: Key Highlights and USPs
2. IIM Bangalore MBA Programs Offered
3. IIM Bangalore Fees
4. IIM Bangalore Intake
5. IIM Bangalore Placements 2023
6. IIM Bangalore Eligibility criteria 2024
7. IIM Bangalore Application for Admission 2024: How to Apply?
8. IIMB Admissions 2024: Important Dates
9. Admission Criteria 2024: Exam Accepted, Final selection Process
10. IIM Bangalore Cut off
11. IIM Bangalore Selection Process 2024

1. IIM Bangalore: Key Highlights & USPs
The two-year, full-time, residential programme PGP 2024-26 at Indian Institute of Management (IIM) Bangalore is designed to equip students to take on leadership roles in an increasingly complex and dynamic global scenario. Key Highlights of IIM Bangalore are:

• 1.1 Top Ranked: IIM Bangalore is placed at #2 position among top 125 B-schools in India in the Ministry of HRD, Government of India NIRF Ranking 2023-Management. IIMB is placed # 1 in MBAUniverse.com B-school Rankings 2023.  The Post Graduate Programme in Management (PGP) of IIM Bangalore is # 1 in India and has been listed among the top 31 in the Financial Times (FT) Global Masters in Management (MIM) Rankings 2022. IIM Bangalore has been declared India’s Best B-school in the Financial Times (FT) Masters in Management (MiM) Ranking 2022
• 1.2 Accreditation: IIM Bangalore has International Accreditation by the EFMD Quality Improvement System (EQUIS)
• 1.3 High Placements 2023: IIM Bangalore has become the B-school with highest average salary in its placements with a consistent strong and sustained Placement Record. Multinational Corporations recognize IIM Bangalore as a source of talent for their Global Roles. Average Salary in Placement 2023 increased to Rs.35.31 LPA and Median Salary stood at Rs.33 LPA.
• 1.4 International Exposure: IIM Bangalore has key partnerships and collaborations with Goldman Sachs for women entrepreneurship, with Michael and Susan Dell Foundation for incubation of non-profits, and with NITI Aayog for scaling up
• 1.5 Launch of International Centres: IIM Bangalore has launched an India-Japan Study Centre to promote understanding of Japan in India, and India in Japan through research, teaching and policy outreach efforts. An Israel Centre at IIM Bangalore has been set up to act as a hub for research on Indo-Israeli interactions in the fields of technology innovation, business strategy and history, government policies and culture, by uniting scholars, business community and students.
• 1.6 Centres of Excellence: IIM Bangalore has five centres of excellence that offer courses and conduct research on questions facing various sectors of industry. Besides, IIM Bangalore has set up three faculty recruiting centres – the Centre for Management Communication, the Centre for Public Policy, and the N S Raghavan Centre for Entrepreneurial Learning.
• 1.7 IIMB PGP Program Structure: The programme lasts six trimesters, spread over two years, with a summer project intermediary

2. IIM Bangalore MBA Programs Offered
Following management programmes are offered by IIM Bangalore apart from various short term customised management programs for executives and others including programmes for women

• 2 Years Full Time MBA
• 2 Years Full Time MBA Business Analytics (MBA-BA)
• 1 Year Full Time PG Program in Public Policy and Management (PGPPM)
• 1 Year Full Time MBA
• 2 Years MBA for Working Professionals
• 5 Year Full Time PhD Programme

2.1 IIM Bangalore to Award MBA Degree, Not Diploma
The Post Graduate Programme in Management (PGP) of IIM Bangalore is a master’s level programme and the PGP batch of 2024-26 will be awarded degree of Master of Business Administration (MBA) instead of earlier Post Graduate Diploma in Management (PGDM). 

3. IIM Bangalore Fees*: Rs.24.70 lakhs

• The Total programme fees payable by PGP students at IIM Bangalore covers the expenses towards Tuition, Library, Internet, Case Permission Royalty, Course Material, Hostel Room Rent and Service Charge, Medical Insurance, Personal Accident Insurance and Alumni Activity.
• PGP 2024-26 at IIM Bangalore is fully residential 2 years management course. Accordingly, accommodation on the campus is provided. Candidates may opt to live off-campus only in their second year by making their own arrangements.

IIM Bangalore Fee Structure is detailed below:

*Fee is under revision for PGP 2024-26 Batch

 4. IIM Bangalore Intake
The MBA and MBA (BA) programme seats at IIM Bangalore have gone up to 600+ for 2023-25 batch. IIMB Seats may further go up for the batch 2024-26. The programme wise details of students admitted for 2023-25 batch are:

4.1 IIM Bangalore: Batch Profile for PGP & PGP-BA 2023-25
IIM Bangalore has admitted a diverse MBA and MBA-BA 2023-25 batch as below:

5. IIM Bangalore Placements 2023
IIM Bangalore has consistently recorded high and 100% placements during last many years and during the economic slowdown as well. Lateral and Final Placements for the PGP class of 2021-23 of the Indian Institute of Management Bangalore (IIMB) saw 512 students receiving 612 offers from the companies, across all possible business sectors

IIM Bangalore Placement 2023 witnessed higher salary packages than last year with a rise of 4% in average salary and 7% rise in number of PPOs offered

5.1 IIM Bangalore Placement 2023: Highlights
Key highlights of IIM Bangalore Placements 2023 are

• 100% Placement achieved in 2 days
• 512 students get 612 offers from top recruiters
• Average salary goes up at Rs.35.31 LPA in Placement 2023 from Rs.33.82 LPA Last year
• Median Salary goes up at Rs.33 LPA in Placement 2023 from Rs.31.20 LPA last year
• No. of PPOs Made increased to 291 in Placement 2023 from 273 last year
• No. of PPOs accepted also goes up at 209 in Placement 2023 from 181 last year
• Number of Companies participated in IIMB final Placement 2023: 164
• Lateral placement offers Made: 94
• Lateral Placement offers accepted: 82
• International offers made were 14 in IIMB placements 2023
• Number of offers made during the Final Placement Week: 221
• Consulting with 221 offers emerged as the top recruiting domain
• Highest 40 offers were made in Management Consulting
• Maximum number of offers made by Accenture-32; BCG- 26; Bain & Co- 22; Accenture-22

6. IIM Bangalore Eligibility Criteria 2024

• 6.1 IIM Bangalore eligibility criteria require that the candidate must hold a bachelor's degree, with at least 50% marks or equivalent CGPA (in case of the candidate belonging to SC/ST/PwD category, the eligibility criterion is relaxed to 45%
• 6.2 The candidate should appear in CAT 2023 exam and must score minimum prescribed sectional and overall score to become eligible for admission at IIM Bangalore
• 6.3 If the candidate is awarded grades/CGPA instead of marks, the equivalence to determine PGP 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 IIM Bangalore by dividing the obtained CGPA by the maximum possible CGPA and multiplying the resultant by 100 to confirm the Admission eligibility of the candidate. 
• 6.4 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 is also eligible to apply for IIMB Admission 2024. Such a candidate must produce a certificate from the principal/head of the department/ registrar/director of the institution/university certifying that the candidate is currently in the final year or is awaiting final results and has obtained at least 50% marks or equivalent (45% in case of the candidate belonging to SC/ST/PwD category) based on latest available grades/marks.
• 6.5 IIM Bangalore Eligibility criterion further clarifies that such a candidate, if selected, will become ineligible for the admission unless he/she submits a certificate latest by June 30, 2024 from the principal/head of the department/registrar/director of the institution/university (issued on or before June 30, 2024) stating that they have completed all the requirements (the result may, however, be awaited) for obtaining the bachelor's degree/equivalent qualification on the date of issue of the certificate.
• 6.6 It is mandatory for a final year student, who is provisionally considered eligible by IIM Bangalore and offered admission, to submit the mark-sheet and degree certificate of the final year bachelor's degree examination held on or before June 30, 2024.  The deadline to submit the mark-sheet and the certificate is December 31, 2024. 

 7. IIM Bangalore Application for Admission 2024: How to Apply?

• Application process for admission at IIM Bangalore opens with the start of CAT 2023 registration process from August 2023 first week
• Candidates have to apply for CAT 2023 by the last date
• IIM Bangalore Last Date to apply is same as the last date for CAT registration
• CAT 2023 Registration Fee includes the IIM Bangalore Application Fees
• On the page 4 of CAT 2023 application form, you need to select IIM Bangalore MBA/PGP and other programs also and select the interview city
• After declaration of CAT 2023 exam result, you can check at IIM Bangalore website whether you are shortlisted by entering your CAT 2023 registration ID and password

7.1 IIM Bangalore Application Fees
There is no separate IIM Bangalore application fees. CAT 2023 registration & Application fees includes the IIM Bangalore application fee as detailed below

8. IIMB Admissions 2024: Important Dates
IIM Bangalore Application for admission 2024 has started with the opening of CAT 2023 registration.  Important dates related to admission activities at IIM Bangalore are as below:

9. Admission Criteria 2024: Exam Accepted, Final selection Process
The Admission Criteria 2024 of IIMB brings a liberalised CAT 2023 percentile cut off and relaxed admission eligibility criteria and greater focus on profile. IIM Bangalore has increased the weightage to CAT score in arriving at the shortlist for PI-WAT round while the score for performance in PI-WAT commands highest weightage in preparing the final merit list for admission. 

It is mandatory for the candidates who wish to pursue MBA from IIM Bangalore that he/she must have registered and applied for CAT 2023 and must appear in the CAT 2023 exam on November 26, 2023. A balanced score in all the three sections of CAT 2023 and good academic profile is the key to get admission in IIM Bangalore.

9.1 Two Stages of IIM Bangalore Admission 2024
The selection of the candidates for admission 2024 at IIM Bangalore is a two-step process involving Shortlisting criteria for PI-WAT and the Final admission selection Criteria comprising PI-WAT round.

In the first step, IIM Bangalore will shortlist the candidates for WAT and Personal Interview (PI) from among the candidates who have a valid CAT-2023 score, who have applied to the programme and who satisfy the eligibility criteria for the programme. The second step is the final selection criteria on the basis of which admission offer will be made.

Over the years, IIM Bangalore has found that the students who perform well academically in the PGP programme are those who have a consistently good academic record at their secondary school, higher secondary school and graduation level, besides exhibiting sufficiently high aptitude as measured by the CAT Exam. Accordingly, IIM Bangalore uses multiple parameters and award high weightage to academic performance in Class 10 and 12, as well as the section wise scores in CAT exam to judge the suitability of candidates for the PGP programme. 

Stage-1: IIM Bangalore Shortlisting Criteria for Admission 2024
The Admission criteria and weights given to various parameters in shortlisting are based on data from previous cycles as well as on inputs from the IIM Bangalore faculty body and other relevant stakeholders. The Admission criteria at IIM Bangalore are revised every year. The admission committee fixes these criteria and weights before beginning of each admission cycle to avoid any bias

The first part of IIM Bangalore Admission criteria is the shortlisting criteria before final selection round. IIM Bangalore will shortlist the candidates on the basis of CAT 2023 score, past academic performance, and other criteria as under:

• The 1^st stage of shortlisting in IIM Bangalore Admission Criteria awards 30% weight to Academics, 55% weight to CAT 2023 score, 10% weight to Work Experience and 5% to Gender Diversity
• The candidate must have scored minimum sectional percentile of 80 in ‘Verbal and Reading Comprehension' (VARC) section and 75 percentile in ‘Quantitative Aptitude' (QA), ‘Data Interpretation & Logical Reasoning' (DILR) in CAT 2023. The minimum overall percentile required for PGP 2024 shortlsting through CAT 2023 at IIM Bangalore is 85.
• If the candidate does not score minimum prescribed percentile in CAT 2023, he/she will not be considered for shortlisting for final selection stage.
• The candidate with excellent academics will be awarded higher points in shortlisting criteria
• 90% & Above marks in Class 10 will be awarded top rating of 15 points out of 100.
• For Class 12, 90% and above marks will be awarded 15 points out of 100.
• No Weight will be awarded for Bachelor’s degree marks.
• Gender Diversity will be awarded 5 points
• Weightage to Work Experience or for Professional Graduation Degree is 10%
• Candidates with Chartered Accountancy, Cost Accounting, and Company Secretary certifications are eligible for weightage under the category of professional course. No other professional course is eligible for weightage under the said category.
• Top 10 candidates in each of the following parameters: total score in CAT, adjusted Bachelors’score (commerce, arts, and science disciplines), and Professional (CA/ ICWA/ CS), will automatically qualify for final selection round. These candidates are given a chance to appear for PI round due to their exceptional performance in these categories.

IIM Bangalore Shortlisting Criteria 2023: Weightage Components
Weightage Parameters for shortlisting the candidates for final selection round as per the IIM Bangalore admission policy announcement, are shared below:

The Weightage of 55 points for CAT 2023 percentile score is divided further  into the performance in each of the three sections to shortlist candidates for PI round as under:

Stage-2: IIM Bangalore Final Admission Selection Round Criteria

• All the shortlisted candidates are eligible to participate in Final selection round for admission to IIM Bangalore
• IIM Bangalore selection criteria after final admission round award 35% weight to Personal Interview (PI); 10% weight to Written Ability Test (WAT); 25% weight to CAT 2023 Score; 10% weight to Class 10 Marks; 10% weight to Class 12 marks; 10% weight to work experience.
• The maximum weightage of 10 points for work experience will be awarded by IIM Bangalore in final selection round on the basis of length of work experience and quality of work experience as on July 31, 2023. The candidate with managerial work experience of 36 months & above after graduation will be awarded the 10 points. No weightage will be awarded for the work experience below 6 months. Besides, Training/Project work/work done as an integral part of curricular requirement will not be considered.
• WAT at IIM Bangalore will be of 30 minutes duration. The performance of each candidate on the Written Ability Test (WAT) will be scored in terms of content and style
• All candidates will be required to provide two confidential reference letters from their employers or from teachers in the academic institutions where they had been students previously before the PI round at IIM Bangalore.

IIM Bangalore Final Selection Criteria weights for Admission 2024

CAT 2023 Weightage in Final Selection: Further Division
The Weightage of 25 points for CAT 2023 in final selection criteria is divided further  into the performance in each of the three sections in before arriving at the final merit score after PI round as under:

10. IIM Bangalore Cut Off for Admission 2023  

• IIM Bangalore Cutoff 2024 has been liberalised for admission 2024.
• Only the candidates above the minimum cut-offs in the CAT 2023 sectional percentile ranks, the overall percentile rank and obtaining a positive (greater than zero) raw score in all sections of CAT-2023 will be considered for all the subsequent stages.
• These are cut-offs used for preparing the first short-list
• The actual CAT 2023 cut-offs for those who are called for interview could be much higher
• Below are the minimum CAT 2023 cutoffs required for shortlisting.
• No candidate in the respective category will be considered for the 1^st  phase shortlisting and will be out of admission process at IIM Bangalore, in case the following CAT cut offs are not met.

11. IIM Bangalore Selection Process 2024
The process of admission to IIM Bangalore is based on the relationship between academic performance of students of the PGP in IIMB and their past academic performance, their CAT score, performance in the admission interview and prior work experience. Following steps are included in the IIM Bangalore Admission process:

• Step 1: The candidate must have appeared and scored the minimum required sectional and overall percentile in CAT 2023 to be considered for first stage screening process for admission at IIM Bangalore
• Step 2: Candidates are short-listed for Personal Interview (PI) and Written Ability Test (WAT) from among the candidates who have a valid CAT-2023 score, who have excellent academics, who have applied to the programme and who satisfy the eligibility criteria for the programme of IIM Bangalore
• Step 3: IIM Bangalore will identify many candidates for shortlisting for the PI round with an excellent academic record and work experience but who may have narrowly missed the high score that would have been required if CAT alone was the basis for the PI shortlist. Such candidates will be preferred in the shortlisting process as against those who have only a high CAT score but have poor academic profile and poor quality of work experience.  The emphasis in shortlisting process at IIM Bangalore is on consistent and high performance in academics and other parameters.
• Step 4: After the WAT & PI round, admission offers are made by IIM Bangalore to successful candidates. The final selection is based on a diverse set of attributes which includes performance in WAT & PI, Performance in past academics, Performance in CAT 2023, Quality of Work Experience among others
• Step 5: Final Admission Offer will be made by IIM Bangalore to the candidates in the third week of April 2024 on the basis of Final Score arrived after awarding the weightage scores on all the components.

Like the admission process for 2024-26 batch, IIM Bangalore is likely to keep similar admission process for 2025 process is likely to remain the same. The young students who are not eligible this year, can apply for IIM Bangalore admission 2025 next year, to pursue MBA. For the last 3-4 years IIM Bangalore admission policy has remained on same lines and it is expected that the IIM Bangalore admission 2025 will remain on similar lines as this year.

Located in India’s high technology capital, IIM Bangalore is in close proximity to some of the leading corporate houses in the country, ranging from information technology to consumer product companies, giving it the added advantage of integrating classroom knowledge with practical experience.

IIM Bangalore is an autonomous, standalone management school and not part of any university. It was established in 1973 by the Government of India through the creation of an IIMB Society which is the legal entity behind the institution. The school works within the national policy guidelines established by the Ministry of Human Resource Development, Government of India.

IIM Bangalore is the first B-School in Asia to sign an agreement with Harvard Business Publishing (HBP) to distribute faculty teaching cases. IIMB has also entered into a partnership with Richard Ivey School of Business to co-brand and distribute faculty-authored cases globally.

Hope you found this article on IIM Bangalore quite useful to decide on MBA admission 2024. IIM Bangalore admission application window through CAT 2024 opens in August 2023 for more than 45 days, you should watch for it and apply. Read More

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

Check IIM Admission 2023 Latest Selection Criteria, Cut Offs, Rankings, Placements

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