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IIM Bangalore – One Year Full Time MBA (Executive Post Graduate Program / EPGP)

One Year MBA / EPGP at IIM Bangalore

  • Name of the B-School: Indian Institute of Management, Bangalore
  • Name of the course: One Year MBA / Executive Post Graduate Program (EPGP)

Course overview

  • Course Duration: One Year
  • Course format: Full Time Residential
  • Location: Bangalore, India

Accreditation

Indian Institute of Management Bangalore (IIMB) has obtained the European Quality Improvement System (EQUIS) accreditation, introduced by the European Foundation for Management Education (EFMD)

Ranking

  • For the tenth consecutive year, IIM Bangalore ranked #1 Business School in Central Asia region in 2018 by the Eduniversal Masters Ranking, Paris
  • Ranked #2 in ‘India Rankings 2018’, by the ‘National Institutional Ranking Framework’ (NIRF), Ministry of Human Resource Development, India
  • IIM Bangalore EPGP Ranked 11th in Asia-pacific and moved up by 14 spots in the year 2018 to 35th rank, globally by the ‘Financial Times’ in Global MBA category
  • IIMB’s EPGP has been ranked 33rd in the Global MBA Ranking 2019 by Financial Times
  • It was on 35th in 2018
  • It was on 49th in 2017
  • Three-year average rank is 39
  • No. 1 in India in NIRF ranking 2019 in management category

What is One Year MBA at IIM Bangalore?

As per the B-School, The fulltime Executive Post Graduate Program in Management (EPGP) is an intensive one-year residential program created specifically for professionals with remarkable track records and 5 to 12 years of work experience in a wide range of industries.  The EPGP provides students with the same solid foundation in key management concepts and disciplines as a two-year MBA, with similar rigor, range of electives, and grading criteria.  A key advantage of the EPGP is that the course work builds on the diverse and extensive work experience of the students.

Class Profile

  • Number of students: 173
  • Average GMAT Score : 709
  • Average work experience: 7.1
  • International work experience: 19 students 
  • Average Age: 30

Academic background:

  • 59 Students from engineering background (7 from IIT & 13 from NIT)
  • 3 from commerce  background
  • 2 from arts  background
  • 8 from science  background
  • 1 from law  background

Men/ Women Ratio : 58 Males (79.45%) and 17 Females (20.55%)

Functional Diversity:

  • Bank Financial Institutions: 2
  • Engineering: 10
  • FMCG Retails: 2
  • IT Products: 7
  • IT Service: 10
  • Manufacturing: 19
  • Oil/Energy/Petroleum: 13
  • Telecom: 8
  • Others: 2

Eligibility

As per B-School, eligibility criteria and other requirements are as follows:

  • You should be a Graduate in any discipline with a minimum of 50% marks or equivalent CGPA
  • You should have a minimum of 5 years (and preferably less than 12 years) of work experience (By March 31, 2020) after completion of graduation
  • You should submit a valid GMAT / GRE score along with a Statement of Purpose (SOP) and two Reference letters. Shortlisted candidates will undergo a Written Ability Test and Interview
  • While there is no minimum GMAT score, it is looked at in relation to the applicants’ pool. Last year’s average GMAT score was about 709

Please note that the IIMB EPGP code for GMAT is Q9H-KK-84 and for GRE is 1675 and
use these codes to have your score sent directly to IIMB. Your office score report from
Pearson / GMAC (for the GMAT) or ETS (for the GRE) will be used for verification.

  • Achievements
  • Two references (on-line), preferably one from the current employer or from an individual who is in a position to evaluate the applicant’s performance on the job

Admission process and dates

According to IIMB, After the applications are submitted, an IIM Bangalore faculty committee reviews all applications along with the Statement of Purpose and shortlists candidates based on various criteria. Shortlisted candidates will be called for a personal interview.

The interview panel will consist of two faculty members of IIMB and an IIMB alumnus. The
interview panel will evaluate each candidate’s performance, on the basis of quality of work
experience, diversity, leadership qualities, social sensitivity, and multi-facetedness.

As per the B-School, online applications are available on the IIMB website under the Admissions tab. The application process for Round 1 began on June 6, 2019 with the deadline on August 29, 2019. Round 2 starts on September 3, 2019 with the deadline on November 28, 2019.

The interviews of shortlisted candidates in Round 1 will be held in Bengaluru, Kolkata, Mumbai and Delhi on September 28, 2019 and 29, 2019 and that for Round 2, on December 14, 2019 and December 15, 2019. Please note that the dates are tentative and subject to change.

The tentative dates for the admission offer sent by email to the successful candidates will be October 9, 2019 for Round 1 and December 27, 2019 for Round 2.

Fee details

The EPGP program fee (Tuition Fee Rs 21,19,000+accommodation Rs 1,50,000 (shared) Rs 2,85,500 (family)+ International Immersion Rs 3,00,000 (indicative)+ Refundable deposit Rs 20,000) totaling Rs 25,89,000 for shared accommodation and Rs 27,24,500 for family accommodation.

IIM Bangalore EPGP Scholarships

EPGP Merit Scholarship: It is awarded to students in the top five ranks on the basis of CGPA at the end of Term 2 (i.e. Core Terms 1 and 2 taken together). The amount of each scholarship is INR 750,000.

EPGP Admission Scholarship: It is awarded to students in the top five ranks in each of Rounds 1 and 2 on the basis of the overall admission score. The amount of each scholarship is INR 600,000. It is to be awarded as follows:

  •  INR 300,000 in the form of waiver of fee payable at the time of registration
  • INR 300,000 if the student is in the top 25 percent of the class on the basis of CGPA at the end of Term 2 (i.e. Core Terms 1 and 2 taken together) in the form of waiver of fee payable in the next installment
Bank Support
  • UCO Bank
  • Axis Bank
  • State Bank of India
  • IDBI Bank
  • Credila’s Education Loan
  • Canara Bank’s Education Loan
  • Avanse Financial Services Pvt Ltd

 

Course Structure

As per IIMB official website, the core courses are Financial Reporting and Analysis, Designing Organizations, Decision Sciences, Competition and Strategy, Managerial Economics, Macroeconomics, Operations Management, Corporate Finance, Managing People & Performance in Organizations, Marketing Management, Corporate Governance & Ethics, Entrepreneurial Management and Business Law.

The electives comprise Corporate Strategy and Policy, Economics and Social Sciences, Organizational Behavior and Human Resources Management, Decision Sciences and Information systems, Entrepreneurial Learning, Finance and Accounting, Marketing, Production and Operations Management.

Term four of the EPGP is devoted to the International Immersion module which is designed to give students an opportunity to broaden learning and deepen knowledge about an increasingly globalized economic environment.

Structured around a visit to an emerging economy such as China, Russia, Brazil and South Africa or a developed one in Europe or in the Asian region like Singapore or South Korea, the module provides insights into the country’s economic, social, political and cultural life.

During the 2-week international immersion, the class is hosted by one of the top local business schools.  They attend lectures on the country’s economy and society with specific emphasis on issues affecting business and industry; go on field visits to local plants and corporate offices; meet business and government leaders; attend cultural events and visit historical sites to help them understand the intricacies of the country.

Placement 2018-19

EPGP Placements 2018-19 Overview

The placement process for the EPGP class of 2018-19 was concluded within 3 months from graduation by June 2019. The class comprised of 73 students from diverse backgrounds with an average pre-MBA work experience of 7.1 years. All 73 students in the class participated in the placement process, and have accepted job offers by June 2019. This included 4 students who took up off campus offers. More than 30 recruiters made successful offers to the EPGP class. This included existing EPGP recruiters like Accenture, Amazon, Axis Bank, Ford, Genpact, Hindustan Coca Cola, Microsoft, Infosys Consulting, ITC Infotech and Zensar, as well as fresh recruiters like Airbus, Basix Sub-K, Bridgestone, KRYFS, Manipal Group, McKinsey & Co, OpenText, and Sterlite among others. Among other notable recruiters were new age startups like Chups, Livspace, Quantiphi, and Sigtuple. A representative list of recruiters as well as a sample list of roles offered are shared as separate tables in this report.

  No. of Students
No. of Students in class 73
No. of Students participated in placement process 73
No. of Students placed within 3 months from Graduation(June 2019) 73
Mean Annual Salary in INR 26.28 Lakhs
Median Annual Salary 25.00 Lakhs

 

List of recruiters

Accenture Tech Deloitte L&T Infotech  Sapient Airbus E2Open Manipal Group Shell India Markets Pvt Ltd Amazon Ford ITLP Manipal Technologies Limited Sigtuple Axis Bank Genpact McKinsey & Company Sterlite Basix Sub-K iTransactions Hindustan Coca Cola Microsoft Sutherland Bridgestone ICICI Bank ltd Opentext Tata Elxsi Chups Infosys Consulting PWC Cisco ITC Infotech Quantiphi Credit Suisse KRYFS RPG Group

Outgoing Industry

Industry      % of students

Analytics 5%

Automotive 5%

BFSI 5%

Conglomerate 5%

Consulting 37%

E Commerce 1%

Energy 8%

FMCG 3%

Investment Banking 1%

IT Product 5%

IT Services 14%

Manufacturing 3%

Startup 8%

Detailed article on IIM Bangalore EPGP 2019 placement

IIM B One Year MBA (EPGP) Placement 2019: Average Salary Rises to 26.28 LPA

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Past B-School data

Placements data – Average

Mean annual salary (in INR) : 23.46 Lakh Per Annum
Median annual Salary (in INR) * 22.00 Lakh Per Annum

Recruiters

CONSULTING FMCG & RETAIL HEALTHCARE IT PRODUCT IT SERVICES
Accenture Britannia Baxter Dell Genpact
AT Kearney Hindustan Coca Cola DRL HP Inautix (BNY Mellon)
Cognizant Mother Earth Retail Indegene LinkedIn ITC Infotech
Deloitte Roles offered in the past Manipal Group Microsoft Wipro
PwC 19 Zensar

 

TECHNOLOGY ENGINEERING E-COMMERCE TELECOM
Directi ABB Amazon British Telecom
IBM Cummins Flipkart Ericsson
Google Caterpillar ENERGY Reliance Communications
Samsung L&T Heavy Engineering Renew Power
Shell