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Siddhant Institute of Business Management - [SIBM] Sudumbare, Pune - Cutoff Details

Pune, Maharashtra

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Siddhant Institute of Business Management - [SIBM] Sudumbare: 25 answered questions

How is life after MBA from SIBM Pune and SCMHRD?

Bharath Harish

25 May 21

SIBM Pune features a fairly substantial reputation within the MBA league. My friends who have passed from this college have mostly ended up with very great jobs and work in the upper echelons in their respective workplaces. Of course, the law of average work at SIBM too, and here there are a few people who fall below the average expectations.

You will not get the coveted badge of an IIM or an ISB. That is something the pass outs of SIBM will have to live with. It does harm the chances sometimes in the corporate world but not necessarily.

The table shows a brief overview of the institution:

Particulars	SIBM	SCMHRD
Highest CTC	Rs. 34.2 lakhs	Rs. 38 lakhs
Average CTC	Rs. 20.1 lakhs	Rs. 15.60 lakhs
Minimum CTC	Rs. 18.50 lakhs	Rs. 9 lakhs

Symbiosis has several colleges which provide an MBA program SIBM, Pune doesn’t stand out much. To the outside world, the student is just from Symbiosis. This can be a bit of a problem for the pass outs of SIBM and SCMHRD since these two colleges are in the top 25 leagues in India.

What is the minimum package offered to the MBA graduates at SIBM pune and NMIMS?

Ayushi Tiwari

15 May 21

The minimum package offered to the MBA graduates is not revealed by any of the institutes in their placement reports. The only way to get that is to talk through students who can say through their experience which may or may not be accurate.

The table below will however give you the highlights of the placement process conducted by each of these institutes for their MBA batches of 2018-20.

Parameters	SIBM Pune	NMIMS MBA	NMIMS MBA-HR
Number of recruiters	More than 90	148	29
Highest CTC	INR 34.26 LPA	INR 58.61 LPA	INR 22 LPA
Average CTC	INR 20.14 LPA	INR 18.33 LPA	INR 14.98 LPA

Based on these statistics, you can get a fair bit of idea of the salaries to expect from these institutes and will help you to set your expectations.

Is it worth doing an MBA from SIBM Pune, SCMHRD Pune or NMIMS Mumbai after 2 years of job experience in IT?

Soutrik Bose

17 May 21

Yes, it’s worth it. In some cases, it is even essential to do an MBA after having 2 years of work experience in IT.

There are different kinds of people in IT sectors, some who like the technicalities of IT and some don't like that. People who like the technicalities of IT will settle in just a couple of years by learning to code brilliantly and achieve their goals.
Other people are just the opposite; they are always left feeling that they are missing something. MBA adds value to your resume and helps you to change your career.

I know a few people from SIBM Pane, so I can tell you about the MBA program offered by them.

My friends at the institute have peers who come with work experience in the IT sector and are going to be working in big FMCG brands in the summers.
SIBM Pune had an average CTC of around 20.14 LPA. The average internship stipend offered in the summer internship for 2018-20 was around 1.66 lacs for just two months and above 55% of students got offers for 1.5 lacs around. The highest stipend offered was 3 lacs.

Also, MBA can be a much-needed break for many with corporate careers. It’s a fun experience, you will get to learn a lot through many corporate interactions.

Which is the better, college SIBM Pune or IIM Indore?

Deepak Sinha

03 Aug 22

Among these, IIM Indore is the better option. Being an IIM it offers better facilities and placements. IIM Indore placements 2022 placements ended with an average CTC of INR 25.01 LPA. The highest CTC offered this year was INR 70 LPA.

IIM Indore offers excellent academics, and the faculties of the institute are best in the field. The IIM brand name certainly offers some perks in terms of getting placements, projects, and interships.

Which college is better between SIBM Bangalore and TAPMI? The average placements for both the colleges stand the same which makes the decision tough.

Jayant Thakur

09 Mar 23

When comparing two B-Schools with similar placements, there are a couple of factors you should consider. Firstly, you should look at the batch size and the brand. TAPMI has a larger batch size compared to SIBM Bangalore, which may lead to more dilution in resource allocation.

On the other hand, a smaller batch size in two equally-matched B-Schools ensures batch quality. The second factor to consider is the brand of the B-School, which is something you should analyze on your own. It is important to understand the brand value of a B-School, as it reflects its reputation in the industry and the quality of education it provides. Ultimately, you should choose a B-School that aligns with your goals and aspirations, and provides you with the best opportunities to achieve them.

What would I chose SIBM, Pune or IIM UDAIPUR considering IIM brand, growth of new IIMs and covid situation?

Ayush Mishra

17 Jan 23

Your parameters to judge a college are wrong. You cannot decide a college’s suitability and worth just through these points. You need to look up at what it is offering currently and where it will be standing in the future. Let’s divide this into 2 parts

Short-sighted approach: This includes analyzing the present opportunities offered by the college, its placement reports and the companies it attracts. Most students focus on this only which is not right. It sure is important to look up and compare the opportunities provided by the two colleges. But this cannot be the sole factor in deciding it.

Long-sighted approach: This involves researching and analyzing where the college stands in the future, maybe in 10-15 years. This is especially important in case of IIMs which carry the hierarchy of the older IIMs and have a credibility to climb the ladder. You check the potential of the college because it won’t be just a source to kick start your career but will remain attached to you for the rest of your life.

So what you need to do first is look up at and compare the opportunities offered by the 2 colleges and then see which college has the most potential.

What will my life be like in 10 years if I get an MBA in marketing or finance from SIBM/SIIB, Pune?

Rishabh Pathak

08 Jun 21

By understanding the perspective of your question, there shall not be a huge change if you only get an MBA done. The thing that determines it is the choices you are going to make like the firm you choose to work in, your expected salary or location or role, the work environment, and various other choices.

In 10 years, if you continue working hard, then you will probably have made 2 or 5 years of promotion. You can also simultaneously expect a major salary hike.

However, considering several drawbacks such as home loans, personal expenses, family expenditure, annual vacations, and fee structure of institutions, you are expected to live a very grounded life.

You should be sure enough about what you are passionate about during pursuing MBA.
Join a job sector that can lead you to a good state.
If necessary, you should also build an alternate income for other essential factors.
You should also begin pro-bono consulting during the weekends.
You can also consult a startup or can choose to become a mentor or adviser or helper too.

Thus, your life 10 years from now will not however result only if you particularly get an MBA from a B-school, but will take into account the choices you have made, and the hard work you were to undertake.

Considering my credentials, can I get a call from any of these colleges, IIMs, FMS, XLRI or NMIMS, MICA, TAPMI, or SIBM?

Advait Joshi

18 Apr 23

Colleges may call depending on numerous variables. IIMs rarely call candidates without a 95+ percentile. IIMs exclusively accept top academic and overall candidates. Other colleges like FMS, XL, SPJIMR, and MDI assess the candidate's whole profile, giving them a little edge. These institutions consider work experience, extracurriculars, and leadership skills in addition to academic performance.

Even after being accepted to a top college, a candidate's academic performance may affect their placements, which could damage their job chances. The only thing candidates can control is their CAT/XAT score. So they should try their best and then decide.

Which is best among NITIE Mumbai, SIBM Pune, and IIM Rohtak for MBA?

Arijit Pathak

18 Jan 23

In terms of placement, NITIE is the best followed by SIBM Pune, and finally IIM Rohtak. In terms of brand value, IIM Rohtak comes first, followed by NITIE and then SIBM.

Depending on whether you want the IIM tag, you should attend NITIE, SIBM Pune, or IIM Rohtak for Operations. NITIE has a firm grasp on operations and is well-known for it. Furthermore, the Mumbai location is advantageous. If you want to pursue a career in marketing, SIBM Pune should be your first choice.

IIM Rohtak will be considered after these two colleges because it is a relatively new brand that, like the other IIMs, will take time to establish itself.

Which college is better IMI-Delhi or SIBM-Pune?

Rakesh Menon

03 Mar 23

I have a friend in both the colleges IMI Delhi and SIBM Pune. From their experiences, I can give you a general picture of the comparison between these two colleges. I personally feel that SIBM Pune has a slight advantage over IMI Delhi in various aspects.

SIBM Pune has been established much before IMI Delhi and therefore has a stronger alumni base
SIBM Pune has better summer and final placement offers in comparison to IMI Delhi mainly because of the various alumni who visit the campus for recruitment
The crowd quality is better at SIBM Pune than at IMI Delhi
The infrastructure is top notch
Of all the 5 campuses, SIBM Pune is superior most
The city location is good and Pune offers a lot of opportunities

The only aspect that SIBM Pune lacks is that it has a 50% reserved quota whereas IMI Delhi has 10% only.