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Symbiosis Institute of International Business - [SIIB], Pune - Course & Fees Details

Pune, MaharashtraPrivate College
Select degree :
MBA
Select stream :
Management

Total Fees

2,173,000
Duration2 Year(s)
Exams accepted
Application Date30 Dec 2023
EligibilityGraduation with 50%
Cut offnull MBA Energy & EnvironmentRanking# 41 by India Today

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Answered Questions

Symbiosis Institute of International Business - [SIIB]: 21 answered questions

AT

Anuja Trivedi

09 May 22studied at K.J. Somaiya Institute of Management Studies and Research

For a PGDM FS, KJ Somaiya is the best option among these. The institute has a locational advantage since it is situated at the financial hub of the country, i.e. Mumbai.  KJ Somaiya placements are great. According to the 2022 interim placement report, the average CTC offered to the students was INR 10.25 LPA, while the highest CTC offered was INR 26.50 LPA. 

Between GIM and SIIB, the letter offers better industrial relations and better job roles in campus placements. 


SH

Souman Halder

26 May 21MBA from Symbiosis Institute of Management Studies (2020)

SIIB is the third rank college in SNAP and has a high cutoff around 98 percentile. Since SIMS admits mostly students from defense backgrounds so the quality of peer of SIIB, is comparatively better.

There’s also another parameter that you should consider while choosing the right institute for your MBA, i.e. specialization.

  • For Marketing and Finance, go for SIIB Pune. It is definitely a better choice, with more companies on campus as compared to SIMS. 
  • If you are interested in Operation/SCM or HR go for SIMS. It has a large batch size for HR and Operations that ensures better placement opportunities and peer learning. 

Another factor that is crucial for choosing a management institute is ROI. SIIB offers a poor Return On Investment if you don't get the top jobs. However, recently SIIB is seeing very good placements. SIIB is better in long term.


SP

How is SIIB, Pune? How are the placements?

By Satyam Purwaron 24 May 21
MS

Mitali Saha

24 May 21MBA Marketing, Symbiosis Institute of International Business (2019)

SIIB Pune has a good average of 100% placements. The small batch size is both an advantage and a disadvantage for it. Few things can definitely improve at the institute but overall SIIB, Pune is a good institute with decent placements. 

Here is a highlight of the 2020 placements.

No of eligible students 

146

Highest international CTC

62.85 LPA

Highest domestic CTC

17 LPA

Median CTC

10.93 LPA

Average CTC

10.78 LPA

International Business offers major career opportunities in reputed export companies. For more details about the placements, you can visit the official website. SIIB Pune’s placement reports are 95% accurate and CIRSIL audited.


MJ

Maher Joshi

08 Sept 22MBA from Symbiosis Institute of Business Management, Bengaluru

The chances of getting an interview call from SIIB, or SIBM Bangalore with a SNAP score of 87.6 are very less. Below are the cutoff details, for these institutes. 

SIIB Pune cutoff - 93

SIBM Bangalore cutoff - 90

Naturally, the required cutoff changes each year depending on various factors, such as competition, the difficulty level of the examination, etc. 


A

How is life in SIIB Pune?

By Adminon 25 May 21
PR

Pritika Rane

25 May 21B.E. Electronics & Electrical and Electronics Engineering, Ramrao Adik Institute of Technology (2022)

Symbiosis Institute of International Business, Pune (SIIB) offers students two-year full-time residential programs in MBA. 

  • The hostel, situated in the Hinjewadi Infotech Park, is surrounded by various large multinational companies of India, some of them being Wipro, Cognizant, Infosys, etc. It is mainly influenced so as to make students feel the atmosphere of the corporate world from within the campus itself.
  • You will find various in-campus sports facilities to de-stress after a tiring day. The institute also offers a gym and a well-equipped health care center to support wellbeing. 
  • The hostels of SIIB, Pune come with their own coffee shops, canteens, stationery, and departmental stores to help students get the items they need. 
  • All the hostels (considering both boys’ and girls’) come with elevators, backup powers, Wi-Fi, and LAN internet connectivity as well. 

SIIB Pune is surrounded by hills on either side which infiltrates a sense of peace and tranquility which produces a highly conducive atmosphere for learning. My friends at the institute are quite happy with the campus life.


SB

Swapnil Bhaskar

02 Jun 21MBA from Symbiosis Institute of Business Management, Bengaluru (2019)

One of my friends at SIBM Bengaluru, says it is an excellent institute, which has been growing at an exponential pace over the last 10 years. The points below will give you a clear idea as to why you should go for SIBM Bangalore over SIIB Pune.

  • The institute completed its 10th year in 2018, after which it has seen several FMCG companies visit the campus.
  • The recruiters include top MNCs like Goldman Sachs, J.P. Morgan Chase, Deloitte, Morgan Stanley, ITC, Dell, Credit Suisse, Maruti Suzuki, etc. 
  • Most of these companies recruit students for both SIP and full-time placements.
  • The average package of SIBM was Rs. 9.58 LPA, which is at present above Rs. 10 LPA. 
  • For SIBM Bengaluru, the cut-off was close to 89-90 percentiles in the last few years, which has increased to some value over the last 3-4 years. 
  • After clearing the cut-off, you will get a call from the institute for GEPIWAT.
  • SIBM is located at the IT hub in Bengaluru. This is an added advantage. It will help in industrial visits and internships.

Categories

SIIB Pune

SIBM Bengaluru

Course Fee

10.28-14.4 lakhs

1.31-14.5 lakhs

Highest CTC

16 LPA

26 LPA

Average CTC

9 LPA

10.26 LPA

Recruiting Companies

Aditya Birla, UltraTech Cement, ITC, UPL, etc.

Bisleri, Asian Paints, Nestle, Loreal, etc.

Therefore, SIBM Bengaluru has several advantages, which makes it a good choice for students having close to 90 percentile.


RP

Rishabh Pathak

08 Jun 21MBA from Symbiosis Institute of Business Management, Pune (2017)

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.

  1. You should be sure enough about what you are passionate about during pursuing MBA.
  2. Join a job sector that can lead you to a good state.
  3. If necessary, you should also build an alternate income for other essential factors.
  4. You should also begin pro-bono consulting during the weekends.
  5. 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.


MS

Mayank Sinha

01 Jul 22PGDM from Great Lakes Institute of Management (India)

You should choose PGPM Great Lakes. The course curriculum is good and it has gained momentum over the last few years. The institute offers good placements. Great Lakes Chennai average package during 2022 placements was INR 12.5 LPA. The average CTC increased 13% this year. 

If you are interested in International Business, SIIB is a good option as well. 


SB

Sampriti Banerjee

01 Apr 23studied at Xavier Institute of Management, Bhubaneswar (2017)

You should consider XIM Bhubaneshwar over IMT Ghaziabad, and SIIB Pune as your choice of B-school. Following are the pros and cons. 

Pros:

  • XIMB has its own unique culture and selects students who fit into that culture.
  • The institute provides a great student life on campus, with excellent faculty and a lot of freedom for students.
  • The geographical disadvantage of the institute is compensated by almost 100% placements, especially for above-average students.
  • XIMB provides a lot of opportunities for interaction with industry experts, giving students good exposure.
  • The alumni of XIMB are doing well in almost all big corporate houses, which helps in placements and career moves after the first job.
  • Being an XIMB alum carries a lot of brand value and credibility.

Cons:

  • XIMB's location is a disadvantage that may affect its rankings.
  • The quota system, although rigorous, goes against XIMB in rankings.

RM

Rishabh Mishra

28 Aug 20B.Sc in Agriculture & Agribusiness Management, Tamil Nadu Agricultural University, Coimbatore, Tamil Nadu, India (TNAU) (Graduated 2014)

Symbiosis Institute of International Business, Pune (SIIB) established in 1992 is a constituent of the well-recognised Symbiosis Institute of Management. National Institute of Agricultural Extension Management also known as Manage was established in 1987 by the Ministry of Agriculture. Over the years both these institutions have been ranked amongst the top 50 B-Schools of the country.

It is hard to prefer one over the other but we try to analyse a few aspects here.

  • Course: At Manage, all courses are solely focused on the agribusiness sector and hence, the institute has a high brand value in this industry attracting lucrative offers. Also, it is run by the government, thereby ensuring quality of education and highly esteemed and experienced faculty members.
  • Fees: At SIIB, the fees for MBA in Agri Business Management is 10.8 lacs. While at Manage, it is 6.05 lacs for the same course.
  • Admission: For both these institutes, candidates need to meet the basic eligibility criteria of 50% throughout the academic career to apply. For SIIB, eligible students need to appear for SNAP followed by personal interview and written ability test. Manage scrutinizes students based on CAT score and then GD, followed by personal interview.
  • Seat intake: At SIIB, the total intake for MBA in Agribusiness is 60-100 while at Manage, it is 80-120.
  • Facilities: Both the institutions boast of the state-of-the-art infrastructure. SIIB’s library provides membership facilities like APICS, SHRM and NHRD. SIIB also has international collaborations with Dauphine University, Berlin School of Economics and Law, Lisbon School of Economics and Management.
  • Manage serves as an international centre for processing and disseminating valuable data on agricultural management related subjects. For skill development, Manage coordinates various government welfare schemes such as FCAC and ACABC.

Placement statistics:

SIIB Pune

  • Average CTC offered was 10.6 LPA
  • Highest domestic CTC offered was 19.5 LPA while highest international package was 45 LPA
  • Bisleri, FICCI, CRISIL, KPMG were the top recruiting companies

Manage Hyderabad

  • Highest CTC offered was 26 LPA
  • Average CTC offered was 7.5 LPA
  • TERI, Thomson Reuters, Indian Oil, FMC Corp were major recruiters amongst 30 others


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