Lal Bahadur Shastri Institute of Management (LBSIM), founded in 1995, is a renowned institution for management and IT education. Outlook has the institute at number 34 for Private MBA in 2021. It provides Fellow Program in Management, one Master’s program in Computer Applications, and Post Graduate Diploma courses in Management in a variety of specializations.
In addition, the NSE Certified Capital Market Professional Course, the LBS Risk Management Center, the LBS Entrepreneurial and Incubation Center, and the Mentor-Mentee Program are all provided by the Lal Bahadur Shastri Institute of Management. In 2019, the company was presented with the Lal Bahadur Shastri National Award for Excellence in Public Administration, Academics, and Management.
The institution provides conferences, seminars, workshops, research and consulting, management development programs, faculty development programs, and management development programs. The highest package a student would receive at the Lal Bahadur Shastri Institute of Management placements in 2021 is Rs 32 LPA, while the average package is 9.2 LPA.
Highlights
| Particulars | Events |
| Year of establishment | 1995 |
| Location | Delhi |
| Recognized by | Ministry of HRD, AICTE, Govt. of India, NBA |
| College ranking 2021 | Ranked 34 for Private MBA by Outlook |
| Modes of education | Full-time and part-time |
| Highest and Average salary offered in 2021 | Highest salary: Rs 32 LPA Average salary: Rs 9.2 LPA |
| Collaborations | Western Australian, Australian Institute of Management, Thompson Rivers University Kamloops, Canada |
List of courses and their fees
| PGDM Programme | Specializations offered | LBSIM Delhi Fees | Seats |
| PGDM General | Marketing, General Management, Finance & Accounts, International Business, Operations Management & System, Organizational Behaviour & Human Resource Management | Rs.13,90,000 | 180 |
| PGDM (Financial Management) | Investment Management, Strategic Accounting & Control, Banking & Financial Services, Risk Management, | Rs.13,90,000 | 60 |
| PGDM (Research & Business Analytics) | Analytics for Finance, Marketing & Retail Analytics, Operations & Supply Chain Analytics | Rs.13,90,000 | 60 |
| PGDM (Artificial Intelligence & Data Science) | AI for Financial Applications, AI for Marketing, Advance AI | Rs.13,90,000 | 60 |
| PGDM E-Business | In the 2nd year, students are required to opt for 6 elective subjects. This enables them to pursue an in-depth learning in the specialized area of E-Business. | Rs.13,90,000 | 60 |
LBSIM Placements
Excellent placement rates are consistently achieved by LBSIM Delhi. The maximum and typical LBSIM compensation packages have been increasing each year.
Top Recruiters
Bain & Co, Deloitte, EY GDS, KPMG, ZS Associates, Gartner, Egon Zehnder, SmartCube, Oxane Partners, DFM Foods, Asian Paints, Britannia, Airtel, Byju’s, Makemytrip, Akash Education
Eligibility criteria
- Graduates with at least a three-year bachelor’s degree in any field and a 50% grade point average.
- Candidates who are enrolled in their final year of the bachelor’s degree/equivalent qualifying test are also qualified to put into practice. Such candidates are required to provide a certificate from their university’s principal or registrar attesting that they received 50% or an equivalent grade based on the most recent grades or marks. The certificate and mark sheet must be submitted by October 15, 2023. The provisional admission will be automatically revoked if this requirement is not met.
- Throughout the selection process, candidates are required to provide and keep a phone number and a valid, distinctive email account.
- All applicants must pass the Common Admission Test (CAT) 2022 administered by the IIMs or the XAT 2023 administered by XLRI, or they must have a legitimate GMAT score, according to the LBSIM Delhi Eligibility Criteria.
- After the results are announced, students must update their CAT/XAT score in the appropriate form.
- In order to be eligible, candidates must be sponsored by an NRI or PIO and must sit the Graduate Management Aptitude Test (GMAT) at a location outside of India.
- GMAT scores must be provided while applying, and GMAT test takers from India must give an attested copy of their score sheet to the admissions office for verification during the personal interview.
How to apply for admission
You must submit an online or offline application for LBSIM Delhi PGDM Admission after submitting your exam application:
LBSIM Shortlisting & Final Selection 2023
Based on verified CAT/XAT/GMAT scores and other factors that were provided in the application form, LBSIM will narrow down the field of candidates. Dr. Pravin Gupta has clarified the criteria for shortlisting and selection, stating that “LBSIM seeks admission to the programs through a rigorous selection process that includes scores from competitive examinations like the CAT, XAT, or GMAT, followed by Group Discussion, Written Ability Test/Extempore, and Personal Interview. A panel of knowledgeable faculty members and business leaders chooses the students. This makes it possible for the Institute to choose applicants with varied educational and cultural backgrounds.
LBSIM Delhi Shortlisting Criteria
Candidates are shortlisted based on confirmed CAT/XAT/GMAT scores, prior academic success, employment experience, and other information disclosed in the application form.
Final Merit List Generation
The Institute’s Notice Board will post the results of the chosen candidates, and those results will also be uploaded to the Institute’s website.
Admission Offer
In April, successful candidates will get notification of their final selection. Additionally, the outcome will be posted on the LBSIM website. LBSIM disclaims all liability for failure to receive any admission communication due to loss in transit or other causes.
Is LBSIM Delhi approved and accredited?
Yes, LBSIM Delhi is approved by the All India Council for Technical Education (AICTE). The institute is also accredited by the National Board of Accreditation (NBA).
What is the admission process for the PGDM program at LBSIM Delhi?
The admission process for the PGDM program at LBSIM Delhi involves candidates taking the Common Admission Test (CAT) conducted by the Indian Institutes of Management (IIMs).
Does LBSIM Delhi accept other entrance exam scores for admission?
Yes, LBSIM Delhi also accepts the scores of the Graduate Management Admission Test (GMAT) for admission to its PGDM programs.
How can I apply for the Executive PGDM program at LBSIM Delhi?
For the Executive PGDM program, interested candidates can apply through the official LBSIM Delhi website. The selection process may include a written test, followed by an interview.
What are the eligibility criteria for the EFPM program at LBSIM Delhi?
Candidates applying for the Executive Fellow Program in Management (EFPM) should have a master’s degree in management or allied subjects with at least 55% marks.
Does LBSIM Delhi have a placement cell?
Yes, LBSIM Delhi has a dedicated placement cell that assists students in their placements. The institute has a good track record of attracting reputed companies for campus recruitment.
