One year MBA at IIM Bangalore (EPGP)

One Year MBA / EPGP at IIM Bangalore Accreditation | Rankings | Class Profile | Eligibility Criteria | Admission Process | Dates and Deadlines | Fees | Course Structure | Placements

• 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

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.

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

CLASS PROFILE

PLACEMENTS

The above numbers are as per the report shared by the institute on its website. The highest placement for the Class of 2013 as reported in the press stood at Rs One Crore (domestic).  

ELIGIBILITY

The programme is designed for the middle level professionals with sufficient work experience. The eligibility criteria for admission are as follows

• Graduation with minimum of 50% marks or equivalent certification
• Full-time work experience between 7 and 15 years.
• Valid GMAT score
• English proficiency

The candidates with more than 15 years experience can also apply for the programme in case they are entrepreneurs. They candidates have to the sponsored by the respective employer or should have outstanding achievements. These candidates if selected are not able to get placement services from CDS.

APPLICATION AND SELECTION PROCESS 

The following factors are considered for the selection of the applicants.

• Work experience
• Academic Background
• Academic and career achievements
• Statement of Purpose (SOP)
• GMAT Score
• Reference letters (Two)
• Interview

Admission process will be highly personalized since the interview board has to lean about the potentials and goals of reach candidates for success in management. The expected class size for the coming academic batch is between 60 – 75 students.

PROGRAMME FEE

• Fees includes tuition, library, course materials, alumni association, career counseling, student activities, computing & networking and accommodation. Accommodation is provided in apartments at a distance of 3.5 kms from the campus. Frequent shuttle services are provided for 10 to 15 minutes commute time. Single student will be provided with a single room in apartment with 3 bed room and 2 bedroom apartments are provided for the married students relocating with family.
• Internation immersion is compulsory and the amount given is just an estimate. Final amount can be changed in the actual costs.
• Caution deposit is refundable

LOANS

Please visit this link for more information on loans for EPGP

Summary

Article Name

One year MBA at IIM Bangalore (EPGP)

Description

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

Author

Shikhar Mohan

Publisher Name

One Year MBA

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