Indian Institute of Business Management

Overview

Official Name: Indian Institute of Business Management, Patna
Common Short Name: IIBM Patna
Type: Private Institute
Year Established: 1993
Campus: Patna, Bihar
Approvals & Affiliations: Approved by AICTE. Recognized by the State Government of Bihar. Affiliated to Babasaheb Bhimrao Ambedkar Bihar University, Muzaffarpur for some courses. NAAC accreditation information not available on official sources as of 2024-06-01.
Official Website: https://www.iibm.ac.in/

Founder: Not publicly listed on official source
Director/Head: Dr. Alok Kumar Singh (Contact page)
Approximate Student Population: About 1000+ students (UG and PG)
Departments/Faculties: 3 major faculties - Management, Commerce, Computer Applications
NAAC Grade: Not available on official sources as of 2024-06-01
Notable Rankings: Not ranked in NIRF till date (NIRF official)
Contact: Phone: +91-612-2213306, Email: info@iibm.ac.in, Address: IIBM Campus, Biscomaun Tower, Patna - 800001, Bihar

Faculty of Management:
- Popular Courses: MBA (2 years, Full-time), PGDM
- Mode: Regular
- Intake: Approx. 120 seats per year
Faculty of Commerce:
- Popular Courses: B.Com (3 years), M.Com (2 years)
- Mode: Regular
- Intake: 180 seats (B.Com)
Faculty of Computer Applications:
- Popular Courses: BCA (3 years), MCA (2 years)
- Mode: Regular
- Intake: 60 seats

Admission Modes: Merit-based on qualifying exam marks and entrance tests where applicable.
Accepted Entrance Exams: For MBA: CAT/MAT/CMAT scores accepted; For MCA: Bihar Combined Entrance Competitive Examination Board (BCECEB) test may be considered; For UG courses: Merit in 12th standard.
Typical Admission Timeline: Admission notifications usually from May-July. Academic session starts in July-August. Visit Admissions Page for updates.
Application Process:
1. Visit the official admissions portal.
2. Download and fill the application form or apply online through the website.
3. Upload/submit required documents.
4. Pay application fee online/offline as instructed.
5. Submit the application before the deadline.

MBA/PGDM: Bachelor’s degree in any discipline with minimum 50% marks (45% for reserved categories).
B.Com/BCA: Passed 10+2 or equivalent from recognized board.
M.Com/MCA: Relevant bachelor’s degree with minimum 50% marks.
Documents Required:
- Mark sheets and certificates of qualifying exams
- Entrance exam scorecard (where applicable)
- Passport size photographs
- Identity proof (Aadhaar/PAN/Passport)
- Category certificate (if applicable)

Indicative Fee Structure (per year):
- MBA/PGDM Tuition Fee: ₹90,000 - ₹1,20,000
- B.Com/BCA Tuition Fee: ₹40,000 - ₹50,000
- Hostel Fee (optional): Approx. ₹25,000 per annum
- Exam and Misc. Fees: ₹5,000 approx.
Scholarships:
- Government scholarships available for SC/ST/OBC/EWS categories through Bihar Government schemes (Bihar Scholarship Portal).
- Institute merit-based scholarships to toppers and needy students (check official site for details).

Placement Highlights: Average placement rate of 70%-80%
Average CTC: ₹3.5 to ₹4.5 LPA
Top Recruiters: HDFC Bank, Tata Consultancy Services (TCS), ICICI Bank, Wipro, Genpact
Placement Cell: Dedicated cell managing internships and job drives - Placement Page
Internship Support: Mandatory internships from 6-8 weeks for MBA and BCA students.

Hostels: Separate hostel facilities for Boys and Girls with mess services.
Sports: Facilities for cricket, badminton, table tennis, and indoor games.
Labs & Libraries: Computer Lab with internet, fully stocked library with digital access.
Healthcare: On-campus medical assistance and tie-ups with local hospitals.
Transport: Bus services for local commutes.
Wi-Fi: Campus-wide Wi-Fi available.
Student Life: Multiple clubs (Cultural, Tech, Sports), annual fest “IIBM Utsav”.

Notable Faculty: Experienced professors with PhDs in Management, Commerce, and Computer Applications.
Research Centres: Not distinctly mentioned on official sources as of 2024-06-01
Major Grants, Patents, MoUs: MoUs with local industry for internships and projects; detailed info not available.

NIRF: Not ranked as of 2024 (NIRF official).
NAAC: NAAC accreditation details not available.
Other Rankings: No listings found on QS India, India Today, Outlook as of 2024.

Results & Seat Allotments: Published on official website during admission season - Admission Results & Seat Matrix.
Typical Cut-Offs:
- MBA Merit Cut-off (Overall): 50% in qualifying degree or based on CAT/MAT percentile.
- BCA and B.Com based on 12th class percentage: ~50%

Nearest Airport: Jay Prakash Narayan Airport, Patna (about 7 km from campus)
Nearest Railway Station: Patna Junction (approximately 3 km)
City Connectivity: Well connected by city buses, auto-rickshaws, and taxis
Local Transit: Auto-rickshaws, app-based cabs (Ola, Uber)

Q1: What is the admission process for MBA at IIBM Patna?
A1: Admission is based on CAT/MAT/CMAT scores followed by group discussion and personal interview. Visit here for details.
Q2: Does IIBM offer scholarships?
A2: Yes, merit-based and government scholarships for eligible SC/ST/OBC/EWS students.
Q3: Are hostel facilities available?
A3: Yes, separate hostels and mess facilities are provided on campus.
Q4: What is the average placement package?
A4: Average package ranges between ₹3.5 to ₹4.5 LPA.
Q5: Is the campus Wi-Fi enabled?
A5: Yes, Wi-Fi is available campus-wide.
Q6: Can I apply offline?
A6: Yes, offline application forms are available at the admission office.
Q7: What documents are needed for admission?
A7: Mark sheets, ID proof, entrance score card, category certificate (if applicable), and photos.
Q8: Are internships compulsory?
A8: Yes, mandatory for MBA and MCA programs for practical exposure.
Q9: How many seats are there for MBA?
A9: Approximately 120 seats per year.
Q10: Is the institute AICTE approved?
A10: Yes, approved by AICTE.