
Updated on Jan 09, 2025
Richa
Updated on Jan 09, 2025
Richa
Lal Bahadur Shastri Institute of Management was founded in 1995. The institute has accreditations from AICTE and AMDISA. It has approvals from AIU and the NBA. LBSIM has been ranked among the top business schools. It offers two-year full-time PGDM program and a full-time or part-time FPM program. It also offers Executive Education such as the Management Development Programme (MDP). LBSIM prepares students to take up challenging roles in the corporate world. Graduates of the LBSIM joined corporations as analysts, opened their businesses, held leadership positions, and worked in consulting firms.
Lal Bahadur Shastri Institute of Management allows candidates who are working professionals to complete post-diploma or fellowship programs at the institute and upgrade their careers. Some top highlights of LBSIM are shown below.
Year of Establishment | 1995 |
---|---|
Accreditations | AICTE, AMDISA |
Approvals | AIU, NBA |
Courses Offered | PGDM and FPM |
Number of students enrolled | 776 |
Campus Area |
Lal Bahadur Shastri Institute of Management has been consistently ranked among the top business schools in India and Delhi NCR. LBSIM has received rankings for its PGDM program and in the overall category. LBSIM rankings of 2024 are mentioned below.
Ranking Agency | Category | Rank | Year |
---|---|---|---|
NIRF | PGDM | 101-25 (10th in Delhi NCR) | 2024 |
The Times of India | Overall | 3 (3rd in Delhi NCR) | 2024 |
Fortune India | Overall | 13 (5th in Delhi NCR) | 2024 |
Outlook | Overall | 14th (3rd in Delhi NCR) | 2024 |
The Week | Overall | 15 (4th in Delhi NCR) | 2024 |
Business Today | Overall | 18 (7th in Delhi NCR) | 2024 |
Lal Bahadur Shastri Institute of Management offers only two programs and these are PGDM and FPM. PGDM is available in a total of 5 streams. The admission to all the offered programs at LBSIM is the same. One has to fulfill the eligibility criteria of the chosen program. Each program has different curriculum and program objectives. The duration of the PGDM program is 2 years and FPM program duration for working scholars is 6 years and for non-working scholars is 4 years. Refer to the table shown below to get the details of the eligibility and fees of the offered programs at LBSIM.
Programs | Total Fees in INR | Eligibility |
---|---|---|
PGDM | ₹ 16.5 Lakhs to ₹ 21.80 Lakhs | 50% in Graduation |
FPM | ₹ 60,000 to ₹ 1.2 Lakhs | 50% in master’s degree |
The admission process at Lal Bahadur Shastri Institute of Management included the following steps.
Candidates who have cleared each round of the admission process will be asked to submit the semester fees.
The fees at Lal Bahadur Shastri Institute of Management are paid in four installments for the PGDM program and eight installments for the FPM program. LBSIM provides merit-cum-means scholarships to students. INR 1 Lakh is given to students enrolled in the PGDM program in their first year and second year each.
The following table lists all of the PGDM and FPM fees.
Programs | Total Fees (INR) |
---|---|
PGDM | ₹ 16.5 Lakhs to ₹ 21.80 Lakhs |
FPM | ₹ 2.4 Lakhs to ₹ 4.8 Lakhs |
Lal Bahadur Shastri Institute of Management offers campus facilities, academic facilities, a hostel, etc.
The placement record of Lal Bahadur Shastri Institute of Management is excellent. It has a Corporate Relations Cell (CRC) that is responsible for conducting placements and other activities related to placements. CRC shares students' profiles with the recruiters and then the selection process is initiated at the campus online or offline as per the requirement. Pre-placement talks are organized, aptitude tests, GD, and interviews are conducted to select students. In the academic year 2022-24, the highest package offered was INR 16.67 LPA.
Additionally, LBSIM makes sure that students have the opportunity to intern at the companies. The average internship offer was INR 42,460, while the maximum amount a student has ever gotten was INR 1 lakh in Asian Paints.
Placements | Stats (2022-24) |
---|---|
Highest Package Offered | INR 16.67 LPA |
Average Package Offered | INR 12.24 LPA |
Total Recruiters | 110 |
Top Recruiters | Deloitte, KMPG, Asian Paints, Capgemini |
Lal Bahadur Shastri Institute of Management has an alumni portal where every news, meetup, social service by alumni, etc is notified. The alumni of LBSIM have achieved success in various sectors, especially in business, leadership, and entrepreneurship. Alumni help institutes in building corporate connections and offering recruitment opportunities. Many alumni have sponsored scholarships to unprivileged students.
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