LBSIM: Ranking, Courses, Fees, Admission, Placements

Bhavishya Thimmaiah Bhavishya Thimmaiah | Dec 13, 2022
Bhavishya Thimmaiah
Bhavishya Thimmaiah

Updated on - Dec 13, 2022

Lal Bahadur Shastri Institute of Management (LBSIM) was established in 1995 with the vision to develop a robust interface with the industry. LBSIM offers admission to management courses such as the Postgraduate diploma in management (PGDM), Fellowship Programme in Management, and Executive Education or Management Development Programme. The admission to these courses is made based on XAT/CAT/MAT/CMAT/ATMA and GATE exams. Admissions 2023 are open for a two-year full-time PGDM course for the batch 2023-2025. Lal Bahadur Shastri Institute of Management (LBSIM) has secured the 35th position in 2022 for Best Business Schools by Business Today. LBSIM secured 14th position by Outlook under the Best Private Business School in 2022. Lal Bahadur Shastri Institute of Management is in Top Best Business Schools in 2022 by Education Today. 

LSBIM Latest Updates

  • October 8, 2022: Dr. Bakul Dholakia, former director of IIM Ahmedabad awarded the 23rd LBS National Award for Excellence.

LBSIM is approved by MHRD, AICTE, and AIU and accreditated by NBA, AACSB, AIMA, and NIRF. The institute has conducted high-impact Management Development Programmes for executives at the middle, senior, and top manager levels. The MDPs organized by LBSIM is uniquely designed to cater to the highly complex and ever-growing needs of Indian industry in both public and private sectors. LBSIM Delhi offers excellent placements. In 2022, the highest package offered was INR 24.7 LPA and the average package offered was INR 12.4 LPA. LBSIM provides global immersions in collaboration with various international partnering institutes in Singapore, Thailand, Malaysia, Indonesia, etc. to all students for 7-10 days.

Table of Contents

LBSIM Quick Insights

The Lal Bahadur Shastri Institute of Management highlights, like approvals, accreditations, affiliations, and programs offered, are mentioned below.

 Lal Bahadur Shastri Institute of Management (LBSIM)
Type of Institute Private
Year of Establishment 1995
Approvals MHRD, AICTE, AIU
Accreditations NBA, AACSB, AIMA, NIRF
Programs Offered PGDM, FPM, MDP
Campus area 60 acres
Location New Delhi, Delhi NCR

LBSIM Admission Dates

LBSIM admission for 2023 will be based on CAT scores. The following table shows the important dates for the same.

Event Date
Last Date to Register for CAT 2022 September 21, 2022 
CAT Admit Card Release October 27, 2022
CAT Exam 2022 November 27, 2022
CAT 2022 Result Declaration First Week of January 2023

LBSIM Ranking

LBSIM has received multiple accolades in the form of awards and rankings. Some of the other LBSIM ranks and awards are listed below as follows.

  • LBSIM has been ranked 14th in Outlook rankings for Best Private Business School in 2022. 
  • Fortune India ranked LBSIM in the 11th position in India's top 20 private business schools category in 2022.
  • LBSIM ranked 14th according to The Week in 2022.
  • Lal Bahadur Shastri Institute of Management ranked 19th according to India Today in 2022.

LBSIM Courses

LBSIM offers PGDM and FPM courses in many specializations. The two-year Post-Graduate Diploma in Management (PGDM) was launched in 1995 and is offered in six specializations; financial management, research, business analytics, and many more. and is the flagship programme of the Institute. The LBSIM courses offered are tabulated below.

Course Duration Selection Criteria
PGDM 2 years XAT/CAT/MAT/CMAT/ATMA score+GD and Personal Interview
FPM 3-6 years CAT/GATE score
MDP 4 years XAT/CAT score

Read More: LBSIM Courses

LBSIM Fee Details

LBSIM offers admission to various management courses with varying durations. The FPM course is initially 3 years, and extendable by 1 year; for working students it can be completed in 6 years. The tuition fee for these courses is mentioned below. 

Course Total Tuition Fees
PGDM INR 13.90 Lakh
FPM (non-working) INR 60,000
FPM (working) INR 1.2 Lakh
MDP INR 15,000

Read More: LBSIM Fee Structure

LBSIM Admission

LBSIM admissions are open for a two-year full-time PGDM course for the batch 2022-2024 in various specializations. LBSIM Dekhi offers courses in the field of management. These include PGDM in six specializations, FPM and MDP courses. Admissions into the college are based on CAT/XAT/MAT/CMAT/ATMA and GATE exams, followed by group discussion, extempore, work experience, and personal interview for final selection. However, the eligibility criteria are listed below as follows.

LBSIM Eligibility Criteria

In addition to the entrance exams, candidates need to satisfy eligibility standards proposed by LBSIM to secure admission. Below are the basic eligibility requirements demanded by the institution for various courses.

PGDM Eligibility Criteria

  • Candidates must have completed three years of bachelor's degree in any discipline with a minimum of 50% aggregate from a recognized university/ college. 
  • Candidates appearing for the final year of the bachelor’s degree/equivalent qualification examination can also apply, provided they present proof of obtaining 50% marks or equivalent in the exams.
  • Candidates must have appeared in CAT/ GMAT/ XAT entrance tests.

FPM Eligibility Criteria

  • Candidate must possess a master’s Degree or equivalent in Management/Economics/Social Science/Physical Science/ Commerce/ Humanities or any related and allied discipline with first class or 60% marks or Equivalent Grade.
  • Aspirants can also possess a five-year integrated master’s degree program in any discipline with at least 60% marks (with first division), obtained after completing higher secondary schooling (10+2).
  • Those appearing for their final examination can also apply.

Read More: LBSIM Admission

Why Choose LBSIM?

LBSIM started with a vision to promote leadership through excellence in value-based management and technology education. Its main aim is to nurture and groom socially sensitive business leaders with a global outlook, supported by research-led teaching and strategic national and international partnership. LBSIM has been actively working with rural communities and attempting to solve their problems. Recognizing the imperatives of globalization, LBSIM has a well-designed, regularly revised programme that equips leader managers with the expertise and competencies to excel in the competitive marketplace.

LBSIM Academic Advantages

The institute's Management Grid is responsible for the day-to-day activities of the students and the exclusive workings of student bodies. Activities like guest lectures, sports events, cultural and management festivals, workshops, and paper presentations are organized occasionally to boost college students' confidence. Some other academic advantages of the institute are.

  • The Cultural Committee of LBSIM is responsible for all the Cultural Clubs and the cultural events that occur throughout the year.
  • The institute has various academic clubs like Genesis-The Marketing Club, Cerebrate- Strategic Club, and so on.
  • Public Relations and Communication Cells help connect the institute to the outside world. Their main function is to broadcast everything in the institute: recent events, campus life, etc. 

LBSIM Cutoff

LBSIM is yet to release the cutoff for 2022. LBSIM offers enrollment to the PGDM and FPM programmes. To take admission to the institute, candidates must meet the minimum cut-off criteria set up by the institute in various entrance tests like CAT/ GMAT and XAT. Apart from this, candidates are also shortlisted based on prior academic performance, work experience, and other information disclosed in the Application form. 

CAT Cutoff 2022 Data (Expected)

Category  Sectional Cutoff Overall Cutoff
General/UR 50% 80%
EWS 50% 80%
OBC 50% 80%
SC/ST 50% 80%
PwD 50% 80%

LBSIM Infrastructure 

LBSIM facilities offer the best facilities for the students giving a comfortable learning environment for the students. The world-class infrastructure of the campus comprises many facilities. The campus library includes thousands of books, journals, referral papers, and magazines. State-of-the-art information technology (IT) products are in place to modernize the operations and services in the library. Some other additional facilities available at the college campus are mentioned below as follows.

  • Library
  • Sports facilities
  • Gymnasium
  • Games
  • Video Conferencing Room 
  • Cafeteria 
  • Auditorium
  • Medical facilities
  • Ambulance facility

Read More: LBSIM Infrastructure

LBSIM Placements

LBSIM offers in-campus placements. In 2022, LBSIM recorded 70% and above placements. More than 300 offers across various streams were made. There was a growth of 10% in the average salary packages during the placement drive conducted in 2022 at Lal Bahadur Shastri Institute of Management.

  • The highest package offered was INR 24.7 LPA.
  • The average package offered was INR 12.4 LPA.
  • The average package for the top 25% was INR 14.6 LPA.

LBSIM Top Recruiters

LBSIM with more than 150 recruitment partners, witnessed participation from 60+ prominent recruiters in the placement season of 2022. Some of the institute's top recruiters are.

KPMG Marsh & Mclennan Fractal Analytics
Reliance Capital JPMorgan Chase NSE
Axis Bank Trustline Securities Kotak Securities

Read More: LBSIM Placements

LBSIM Scholarship

LBSIM offers the Merit-cum-Means scholarship based on the candidates' academic performance and economic conditions. The Director appoints a committee comprising of faculty members, admin staff member/s, and others to choose the students who will receive these scholarships. The batch-wise categorization of scholarships is mentioned below as follows.

Scholarship Description
Merit-cum-Means Scholarships for the Batch 2021-2023 An amount of INR 1 Lakh to be awarded to first-year and second-year students enrolled in PGDM programmes.
Merit-cum-Means Scholarships for the Batch 2022-2024 An amount of INR 1 Lakh to be awarded to first-year and second-year students enrolled in PGDM programmes

Read More: LBSIM Scholarship

LBSIM Collaborations

LBSIM has collaborated with several international institutions of repute to develop professional skills and ethical values and to promote entrepreneurship among college students. Below are some of its collaborations. LBSIM provides global immersion programs to students for a period of 7-10 days in coordination with international partnering universities in Singapore, Thailand, Malaysia, Indonesia, etc. The immersion program is also conducted through Rural Partnering NGOs in UP, MP, and Rajasthan for Social, Leadership, and Industrial Immersions.

International Collaborations

Country Partnering Institute
 USA College of Business, Northern Illinois University (NIU)
Bulgaria European Higher School for Economics & Management (EHSEM)
Canada Nipissing University
Singapore Nanyang Business School, Nanyang Technological University
Thailand  Pathumthani University (PTU)

LSBIM Faculty

LSBIM has a dynamic and iconic faculty as a part of its team. There are a total of 36 core faculty and 8 visiting faculty. All professors are experts in their fields and maintian an atmosphere of learning and mentorship at the institute. The Lal Bahadur Shastri Institute of Management faculty is involved in various management research areas including marketing, finance, general management, research, and business analytics.

LBSIM Highlights

Institution Type Private
Faculty Student Ratio 1:13
Total Faculty 57
Year of Establishment 1995
Genders Accepted Co-Ed
Student Enrollment 480
Campus Area 60 acres
Accredited by NBA
Recognised by AIU

LBSIM Rankings

Publisher Ranking Stream
33 MBA
36 MBA
30 MBA
28 MBA
14 MBA

LBSIM Courses & Fees 2023

Course Avg. Fees Duration
PGDM ₹12,53,333 2 Years

LBSIM Courses and Fee Structure

Filter By:

Courses offered by LBSIM

PGDM [Post Graduate Diploma Management]

Full Time On Campus

Exams Accepted: CAT XAT GMAT +1

₹ 12,53,333 (2 Years)

Exams Accepted: CAT XAT GMAT +1

Exams Accepted by LBSIM

CAT

Exam Date: Nov 26, 2023

XAT

Exam Date: Jan 08, 2023

Result Date: Jan 28, 2023

ATMA

Exam Date: May 28, 2023

Result Date: Jun 01, 2023

LBSIM FAQs

When was LBSIM established?

LBSIM is a private university established in the year 1995.

What are the courses offered at LBSIM?

LBSIMM Delhi offers admission to PGDM, FPM and MDP courses.

What are the exams accepted for admission to LSBIM?

CAT/XAT/MAT/CMAT/ATMA are accepted for MDP and PGDM courses. CAT/GATE score scores are accepted for FPM courses.

What is the fee of PGDM at LBSIM?

The total tuition fee is INR 13.90 Lakh.

Does LBSIM offer scholarships?

Yes, LBSIM offers scholarships.

How are the placements at LBSIM?

LBSIM provides excellent placements. The highest package offered was INR 25.91 LPA, the average package offered was INR 11.3 LPA and the median package recorded was INR 10.5 LPA.

Which companies visit the LBSIM campus for placements?

Some top companies that visit the campus for placements are KPMG, Marsh & Mclennan, Fractal Analytics, Reliance Capital, JPMorgan Chase, NSE, Axis Bank, Trustline Securities, and Kotak Securities among many others.

Does LBSIM offer internships?

Yes, LBSIM offers summer placements. In 2022, 215 students were placed. The highest stipend was INR 87,000pm and the average stipend was INR 15,700pm.

LBSIM Reviews

Overall Rating (Out of 5)

3.9

Based on 54 Verified Reviews

Distribution of Rating

>4-5 star

0

>3-4 star

18

>2-3 star

79

1-2 star

4

Component Rating (Out of 5)

Academics & Faculty

3.9

Fees & Scholarships

3.8

Placements & Internships

4

College Infrastructure & Hostel Facilities

3.7

Clubs & Associations

4.1

Guptadivy 31 | , batch of 2022

Reviewed on May 01, 2021

  • 3.6
  • Fees 3
  • Placements 3.5
  • Campus 4.5

Fees & Scholarships : Lal Bahadur Shastri Institute of Management, [LBSIM] New Delhi Fee Structure. 1st instalment of fees’ breakup for the batch 2020-22 was as follows: The tuition fee of INR 3,70,250, the enrolment fee of INR 50,000, the security deposit (refundable) of INR 5,000 and the examination fee of (1st trimester) INR 1,250, totalling INR 4,26,500. If outside Delhi NCR, please add a hostel fee (first instalment) of INR 1,50,000. The instalment-wise breakup of the full course fee as per schedule 2020-22 was as follows: First installment (at the time of admission) INR 4,25,250 + INR 1,250, second installment of INR 2,47,250 + INR 1,250, third installment of INR 2,47,250 + INR 1,250, and fourth & final installment of INR 2,47,250 + INR 1,250. Totaling up to INR 11,67,000 + INR 5,000 (excluding management grid, alumni and hostel fee).

Priyankesh Srivastava95 | , batch of 2022

Reviewed on May 01, 2021

  • 4.3
  • Placements 4.5
  • Fees 3.5
  • Academics 4.5
  • Infrastructure 4.5
  • Campus 4.5

Placements & Internships : LBSIM has great placements and internships. With over 294 students participating in the placements process, the institute witnessed 305 job offers from 87 companies. The average salary offered is INR 9.9 lakhs. The highest salary offered is around INR 21 LPA. A host of companies drawn from various sectors such as FMCG, consulting, IT and ITes etc.

Uagrawal98 | , batch of 2022

Reviewed on May 01, 2021

  • 4.5
  • Fees 4
  • Academics 4.5
  • Infrastructure 4.5
  • Campus 5
  • Placements 4.5

Fees & Scholarships : Lal Bahadur Shastri Institute of Management, [LBSIM] New Delhi Fee Structure. The entire course fee is about INR 11 Lakh. There are various scholarship options such as meri-cum-means scholarship and central sector schemes, and the deserving students can avail themselves the merit scholarship from economically weaker backgrounds. There is also the Lalita Shastri scholarship and the Tessy Thomas scholarship. On average, 12 students get the merit scholarship, while the other students can get scholarships based on eligibility criteria. Loans are available for those in need. They can be availed from reputed banks at an average of 10%-14% rate of interest.

Sachin Rajput | , batch of 2022

Reviewed on May 01, 2021

  • 3.7
  • Campus 4.5
  • Placements 4
  • Fees 3.5
  • Academics 4
  • Infrastructure 2.5

Clubs & Associations : LBSIM has various clubs & committees. Every student must be a part of academic and non-academic clubs. LBSIM has a vast collection of different clubs and committees, including cultural, management, and placement cells.

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