LBSIM New Delhi Closing Admission 2023 Today – Jan 31: Completes Placement 2023; Check Fees, Placement Highlights, Top Recruiters

Lal Bahadur Shastri Institute of Management (LBSIM) Delhi, one of the reputed B-schools in Delhi, is closing its application today on January 31, 2023 for admission 2023. LBSIM has completed 100% placement 2023 in the first week of November 2022 for the 2021-23 Batch with higher average salary of Rs.12.42 LPA and highest salary of Rs. 24.75 LPA. One of the first B-schools to have completed placements 2023, LBSIM had completed 95% placement as early as in October 2022. Last few hours are left to submit application for LBSIM Admission 2023 Apply Now

LBSIM Placements 2023: Highlights

• 100% Placement for the 2021-23 batch completed in November 2022
• Average salary increased to Rs. 12.42 LPA from Rs. 11.30 LPA last year
• Highest salary: Rs. 24.75 LPA
• Top Recruiters include DE Shaw & Co, Deloitte, EY, KPMG, Bain & Co, Darashaw, Asian Paints, Airtel, Havells, Gartner, ZS Associates, Egon Zehnder, Capgemini among other industry leaders from across sectors.

Read More Placement details below

Since last year, LBSIM Delhi is also accepting XAT score, along with CAT and GMAT exam score, for admission in all its 2 year full time PGDM programmes. Sharing this important update, Dr Praveen Gupta, Director LBSIM Delhi, told MBAUniverse.com, “In past we have used CAT and GMAT scores for our students’ shortlisted, but now we have included XAT as well.  Our motto is to attract quality students from different parts of the country.  Based on our recent survey by our students, it is understood that top students in their pursuit of MBA/PGDM admission do take CAT, XAT and GMAT exam. And we don't want to lose out on any of the best candidates, that’s why we at LBSIM have included XAT as well for our students shortlisted.”

LBSIM  Delhi Admission 2023 process needs you to fill up a common application form to apply online as well offline for all the PGDM programmes with an application fee of Rs.1500/-. LBSIM offers wide range of 2 years AICTE approved industry relevant PGDM programmes namely PGDM (General); PGDM (Financial Management); PGDM (Research & Business Analytics); PGDM (E-Business) and PGDM (Artificial Intelligence & Data Science).  

Read this article to know the key USPs of LBSIM Delhi, Admission process, Fees, Placements and more. The application process is open, you can Apply Now

Table of Contents
In this article we shall cover

1. LBSIM Delhi Key Highlights and USPs
2. LBSIM Delhi Fees, Programmes Offered, Specializations & Intake
3. LBSIM Placement 2022
4. LBSIM Delhi Admission Criteria 2023: Key Changes & Step by Step Process
5. How to Apply for LBSIM Delhi PGDM Admission 2023: Important details
6. LBSIM Delhi Eligibility for Admission 2023
7. How to improve your chances for LBSIM Delhi Admission 2023? Tips from Dr Pravin Gupta, Director LBSIM
8. LBSIM Delhi admission Dates 2023

So, let us start with why you should consider and apply for LBSIM Delhi admission 2022 alongwith other top B-schools.

1. LBSIM Delhi: USPs & Highlights

• 1.1 Focus on Leadership through Excellence: LBSIM nurtures and grooms socially sensitive business leaders with a global outlook, supported by research led teaching and strategic national and international partnership. The institute focuses on leadership qualities through Excellence in Value Based Management and Technology Education and develop professionals with Vision & Versatility, in accordance with Ethics, Values, and Principles. The essence of the approach lies in teamwork.
• 1.2 Ranked among Top B-schools: LBSIM is ranked among top B-schools in Northern  Region as well as in India. LBSIM is Ranked #32 in MBAUniverse.com B-School Rankings 2022. In the rankings 2022, LBSIM is ranked # 24 in The Week Best Business Schools of India; Ranked # 35 by Business Today; Ranked # 14 in Outlook Best Private Business Schools of India and Ranked Super A4 by Business Standard
• 1.3 Accreditation: Accredited by International Accreditation Organization (IAO), USA and National Board of Accreditation (NBA). LBSIM is a member of AACSB (Association to Advance Collegiate School of Business). Association of Indian Universities (AIU) has granted MBA equivalence to PGDM programmes.
• 1.4 Strong LBSIM Placements 2023: LBSIM has recorded average salary of Rs.12.42 LPA in Placement 2023 The highest salary in placement 2023 is Rs.24.75 LPA
• 1.5 Top Recruiters: In the placement process, LBSIM witnessed companies covering all major domains like Finance, Sales & Marketing, General Management, HR and Operations. Top recruiters included EY India, Deloitte, PwC, KPMG, Bain, Marsh India, EY GDS, Smartcube, ICICI Bank, SBI, HDFC Bank, YES Bank, Kotak Mahindra Bank, Wipro, Infosys, TCS, Microsoft, Capgemini, Barclays, Razorpay, HCL Technologies, Hindware, Schindler, SRF, ZS Associates, Maruti Suzuki
• 1.6 International Immersion: LBSIM has an active International Relations Cell, which collaborates with the best of universities and B Schools globally. These collaborations are focused in the areas of joint conferences, joint research and students and faculty exchange programs. A few of the international partner institutions of LBSIM include College of Business, Northern Illinois University (NIU), Dekalb, Illinois, USA; European Higher School for Economics & Management (EHSEM), Bulgaria; Nipissing University, Ontario, Canada; Nanyang Business School, Nanyang Technological University, Singapore
• 1.7 Industry Relevant Curriculum & Pedagogy: The PGDM curriculum design and pedagogy focuses on creating business professionals with analytical acumen, innovative thinking, effective communication skills and team spirit. The teaching methods include – lectures, case discussions, assignment, seminars, workshops, role plays, group discussions, simulation exercises, live projects and industrial visits. The idea is to make students learn the concepts of management theories and its applications in real life scenario. The curriculum also integrates the use of latest software tools as part of the learning process and help students to gain better insights of the corporate world. The curriculum is designed and regularly updated in consultation with experts from industry and Academia.

LBSIM New Delhi PGDM Admissions 2023 Open | Apply Now

2. LBSIM Delhi Fees, Programmes Offered, Specializations & Seats
LBSIM offers five full time AICTE approved 2 years residential PGDM programmes. Each programme has distinct specializations offered in second year. Sharing the key aspects of imparting quality and career oriented education at LBSIM, Dr Praveen Gupta, Director LBSIM Delhi said “We encourage our students to learn beyond the boundaries of curricula through industry connect, social immersion programs, and rural immersion programs that shape their personalities as responsible citizens with a professional attitude. LBSIM, Delhi offers a vibrant academic ecosystem to students and focuses on contemporary management research and high quality and large impact teaching.” The LBSIM Delhi Fees for each PGDM programme payable by students and programme wise intake is as under.

• The LBSIM Delhi fees is inclusive of admission fee, tution fees and Refundable Security Deposit (Rs 5000/-) for the programme.
• However, Management Grid Contribution of Rs 30,000/- (for full course) and Alumni fees of Rs 8,000/- (life membership) are required to be paid, in addition to the above fees, at the time of admission. Examination fees of Rs 6,000/- to be paid in four equal instalments.

3. LBSIM Placements 2023
LBSIM Delhi has a consistent record of excellent placement. The maximum and average compensation packages at LBSIM have been rising year after year.

3.1 LBSIM Placement 2023: Key Highlights
Lal Bahadur Shastri Institute of Management (LBSIM) Delhi, completed 100 percent placements 2023 in November 2022 with a sharp rise in average salary which has gone up at Rs.12.42 lakhs.

• 100% Placement for the 2021-23 batch completed in November 2022
• Average salary increased to Rs. 12.42 LPA from Rs. 11.30 LPA last year
• Highest salary: Rs. 24.75 LPA
• Median Salary: Rs.12.05 LPA
• Top 25% Average: 14.65 LPA
• Number of PPOs: 39
• Research & Consultancy, and Finance were the major recruiting sectors
• Total Recruiters: 75+ (32% New Recruiters)
• Top Recruiters include DE Shaw & Co, Deloitte, EY, KPMG, Bain & Co, Darashaw, Asian Paints, Airtel, Havells, Gartner, ZS Associates, Egon Zehnder, Capgemini among other industry leaders from across sectors. Read More

4. LBSIM Delhi Admission Criteria 2023: Salient Points
LBSIM Delhi Admission 2023 Step by Step Process is given below:

• Step-1: Application submission to LBSIM & for Eligible Entrance Exams
• Step-2: LBSIM Delhi Cut off in Shortlisting & Final Selection
• Step-3: Merit List Generation
• Step-4: Final Admission Offer

Let us understand in detail each step of LBSIM Delhi admission criteria

4.1 Step-1: Apply & Appear in Entrance exam & Apply to LBSIM Delhi PGDM Admission
Following are the key components of LBSIM Delhi admission 2023 application process and acceptable entrance exams

4.1.1 Apply & Appear in Eligible Entrance Exam

• For LBSIM Delhi PGDM admission 2023, the B-school will accept CAT 2022, XAT 2023 and GMAT 2022-23 score for all its PGDM programmes
• You first need to apply and appear in at least one of the above entrance exams and score well to clear the prescribed LBSIM Delhi cut offs  

Dr Pravin Gupta, Director LBSIM Delhi has clarified, “Students are required to update their CAT/XAT score in their respective form after the declaration of results.”

LBSIM New Delhi PGDM Admissions 2023 Open | Apply Now

4.1.2 Apply for LBSIM Delhi Admission 2023
After submitting you exam application, you need to apply for LBSIM Delhi PGDM Admission online or offline. Read Details Below under How to Apply

4.2 Step-2: LBSIM Shortlisting & Final Selection 2023
LBSIM will shortlist candidates based on valid CAT/XAT/GMAT scores and various other components as disclosed in the Application form. Highlighting the shortlisting and selection criteria, Dr Pravin Gupta has clarified, “LBSIM seeks admission to the programmes through a rigorous selection process comprising scores from competitive examinations like CAT, XAT OR GMAT, followed by Group Discussion, Written Ability Test/Extempore and Personal Interview. Students are selected by a group of experienced faculty members and industry experts. This enables the Institute to select candidates from diverse educational and cultural backgrounds.”

4.2.1 LBSIM Delhi Shortlisting Criteria
Candidates are short-listed based on valid CAT/XAT/GMAT scores, prior academic performance, work experience, and other information disclosed in the Application form. Below are shared the LBSIM Delhi cut off for final selection round 2023

4.2.1.1 LBSIM Delhi Cut off 2023
LBSIM cut offs are decided based on applicants’ pool. However, the Expected LBSIM Delhi cut offs for admission are

4.2.2 LBSIM Delhi PGDM Admission 2023: Final Selection Criteria
LBSIM has clarified that only shortlisted candidates will be called for Group Discussion, Extempore/Written Analysis Test and Personal Interview which is held during the month of February to March, every year in different cities.

4.2.2.1 LBSIM Delhi Admission Weightages for Final Selection 2023: Key Components & Weightages

4.2.2.2 LBSIM Interview Centres
WAT/Extempore, Group Discussion and Personal Interview would be conducted at Bengaluru, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Kolkata, Mumbai, Patna, Ahmedabad, Indore, and Thiruvananthapuram. GD/PI centre can be changed by the Institute at its discretion. Candidates are required to select one centre for GD/PI at the time of applying for registration with LBSIM

4.3 Step-3: Final Merit List Generation
Result of the selected candidates shall be displayed on the Institute’s Notice Board and uploaded on the Institute’s website

4.4: Step-4: Admission Offer
Successful candidates will be intimated of their final selection in the month of April. The result will also be uploaded on LBSIM’s website. LBSIM will not accept any responsibility for non-receipt of any admission communication by way of loss during transit or otherwise. 

5. How to Apply for LBSIM Delhi Admission 2023
Besides registering for CAT/XAT/GMAT, you are also required to register with LBSIM.  You can apply for LBSIM Delhi admission 2023 Offline as well as Online as under: 

5.1 Offline Application Process
The Information Brochure containing the Application Form is available with the Admission Coordinator, Lal Bahadur Shastri Institute of Management, Delhi on all working days between 9.30 am and 5.30 pm at LBSIM Dwarka Campus, on payment of Application Fees of Rs.1,500/- in cash or by Demand Draft. Please add Rs.75/- for obtaining the Information Brochure by post within India and Rs.200/- outside India

• The demand draft should be drawn in favour of 'Lal Bahadur Shastri Institute of Management' Delhi, payable at New Delhi.
• Completed application forms with requisite fee should reach LBSIM Delhi on or before the last date.

LBSIM New Delhi PGDM Admissions 2023 Open | Apply Now

5.2 Online Application Process
Candidates can apply Online also. For online application submission, candidates need to pay Rs. 1,500/- either through Credit/Debit card/ Net Banking Or UPI.

6. LBSIM Delhi Eligibility Criteria for PGDM Admission 2023

• Graduates in any discipline with minimum 3 years bachelor’s degree with 50% marks
• Candidates appearing for the final year of the bachelor’s degree/equivalent qualification examination can also apply. Such candidates must submit a certificate from the Principal / Registrar of their University/institution certifying that the candidate has obtained 50% marks or equivalent, based on the latest available grades/marks. The deadline for submission of the mark sheet and the certificate is October 15, 2023. Non-fulfilment of this condition will automatically result in the cancellation of the provisional admission.
• Candidates must declare and maintain a valid and unique email account and a phone number throughout the selection process.
• A key point in LBSIM Delhi Eligibility criteria is that all candidates are required to take the Common Admission Test (CAT) 2022 conducted by the IIMs or XAT 2023 conducted by XLRI, or should have a valid GMAT score.
• Students are required to update their CAT/XAT score in their respective form after the declaration of results
• Foreign students, PIO and NRI sponsored candidates are also eligible and are required to take the Graduate Management Aptitude Test (GMAT) at a test centre outside India.
• Indian residents who have appeared for GMAT will be required to furnish their GMAT scores while applying and should provide an attested copy of the GMAT score sheet to the Admission Office for verification at the time of personal interview.

7. How to Improve LBSIM Delhi PGDM Admission Chances-Key Tips from LBSIM Director
Dr  Pravin Gupta has shared important tips, do’s and don’ts how you can improve your admission chances to the PGDM 2022-24 batch

7.1 Important Do's

• Prepare thoroughly one subject from your UG course.
• Revise your basics and fundamentals 
• Read and understand current 5 major political, financial, corporate, social news.
• Be sure about your hobbies and interest. A hobby is a long-time affair pursued diligently.
• Answers to be to the point
• Have a pleasant, positive and Confident personality.

7.2 Avoid Mistakes: Key Don'ts

• Do not say you are not fluent in any Subject from UG
• Do not meander about the answers you do not know
• Do not be casual at any point of conversation with the panel
• Do not be ignorant of your home state and its affairs

8. LBSIM Delhi Admission 2023: Important Dates
Below are the key dates for LBSIM admission process including the LBSIM Delhi last date to apply, GD/PI dates among others

Established in the year 1995 in memory of second Prime Minister of India, Shri Lal Bahadur Shastri LBSIM aims to impart value based education in Management and IT at affordable cost. It is supplementing classroom learning with real-life field experience through a mandatory `Corporate Interface Day`, conducted every week.

We hope you found this article helpful while looking for MBA admission and deciding on one of the best B-schools which has affordable fee and strong placements. Application for LBSIM Admission 2023 is open, you can Apply Now

Stay tuned to MBAuniverse.com for more updates on LBSIM Delhi 

Also read these in-depth articles on: