LBSIM: Ranking, Courses, Fees, Admission, Placements

Janki Sharma Janki Sharma | Oct 12, 2023
Janki Sharma
Janki Sharma

Updated on - Oct 12, 2023

Latest Updates for LBSIM

  • 31 January 2024 :

    XAT cut off 2024 for PGDM BM and HRM programs has been released.

  • 20 January 2024 :

    XAT 2024 result has been released on Jan 20, 2024, and it will be available till Mar 31, 2024.

Lal Bahadur Shastri Institute of Management (LBSIM) was established in 1995. LBSIM provides Postgraduate Diploma in Management (PGDM) courses with six specialization courses for full-time with diligent faculties. LBSIM has been running for over 25+ years by giving value-based education in management for the students. The institute has been recognized by AICTE, the Ministry of Education, and Govt. of India.  LBSIM has been accredited by the NBA and has been a member of AACSB since 2014.

LBSIM has a well-educated faculty of around 40+ members who hold a Ph.D. degree. It is a NIRF-ranked institution. AIU has accorded the LBSIM PGDM General and PGDM Financial Management for equivalence to an MBA Degree.

LBSIM Latest Updates

  • September 16, 2023: Admissions are open for PGDM for the academic batch 2024-26.
  • September 16, 2023: LBSIM admission closes on December 10, 2023.

LBSIM has ranked 18th among the best private B-Schools in India. LBSIM has consistently been ranked among India's Best Business Schools - Top 15 among Private B-Schools and Top 30 among All B-Schools. It is also ranked in Top 5 Business Schools of Delhi NCR.

The institute aims to groom students to aspire to be business leaders with a global outlook to face the challenges of the real corporate world.  The infrastructure of the campus is well-equipped with all the modern facilities for the students. LBSIM also offers NSE offers, short-term courses, Training programs, and Mentor-mentee programs to enrich knowledge among the students. The institute has a strong alumni count of 6000+. LBSIM has an excellent placement track record with the highest package offered being INR 24.75 LPA.

Table of Contents

LBSIM Quick Insights 

Lal Bahadur Shastri Institute of Management offers management courses for the students. LSBSIM is one of the best Indian private business schools. Some of the key highlights of the institute are below. 

LBSIM Quick Insights
Year of Establishment 1995
Type of Institution  Private
Recognition AICTE, MHRD, Govt of India
Accreditation NBA
Member AIU, AACSB
Faculty 40+
Number of Alumni 6000+
Location  New Delhi

LBSIM Rankings 

The LBSIM Rankings have been honored with many awards and rankings.  The institute has been ranked among the top 20 private B-Schools in India. Some of the latest awards and rankings are as follows. 

  • LBSIM has been ranked in the Top 5 Business Schools of Delhi NCR.
  • LBSIM has been ranked as the 4th Best Private B-School Rank by the Times of India 2023 Ranking.
  • It has been ranked as the 7th Best B-School Rank by the Times of India 2023 Ranking.
  • LBSIM has been ranked as the 18th Best Private B-School Rank by Business Today 2023 Ranking.
  • It has been ranked as the 33rd Best B-School Rank by Business Today 2023 Ranking.
  • LBSIM has been ranked as the 14th Best Private B-School Rank by Outlook Rankings 2022.
  • LBSIM has been ranked as the 14th Best Private B-School Rank by the Week Rankings 2022.
  • It has been ranked as the 24th Best B-School Rank by the Week 2022 Ranking.

LBSIM Awards and Competitions

  • Lal Bahadur Shastri National Award for Excellence

This award is bestowed by The President of India or The Vice President of India at their official residence, to an individual every year who has excelled in his/her vocation.

  • Lal Bahadur Shastri Memorial Lecture

This lecture is delivered annually to honor the values, vision, and memory of Bharat Ratna Sh. Lal Bahadur Shastri, who was the 2nd Prime Minister of India.

  • Lalita Shastri Debate Competition

This is among India’s most reputed national debate competitions on social issues held annually at LBSIM Delhi campus, in memory of Smt. Lalita Shastri.

LBSIM Courses 

LBSIM offers PGDM and FPM courses for new graduates as well as working executives. LBSIM offers five PGDM courses in specializations named General, Financial Management, Research and Business Analytics, E-Business, and AI and Data Science. Also, an FPM program is offered to the LBSIM students.

Course  Duration  Eligibility Criteria 
PGDM 2 years  50% marks in graduation and CAT/XATGMAT +GD & Personal Interview 
FPM 3-6 years 50% marks in graduation and CAT/XATGMAT +GD & Personal Interview 

LBSIM Course Fee Structure

LBSIM offers management courses and FPM courses are for three years that can be extendable for one year. For working students, they can take up for years. The tuition fee details of the course are mentioned below. 

Course  Total Fee 
PGDM  INR 15,50,200
FPM (Non-Working Scholar) INR 2,00,000
FPM (Working Scholar fee) INR 4,40,000

Read More: LBSIM Courses and Fees Structure

LBSIM Admission 

LBSIM admissions are open for the PGDM course for the academic batch 2024-26. The seat intake for PGDM (General) is 180 and PGDM (Financial Management) holds 60 seats respectively. The admission for the courses is based on the CAT/XAT/GMATentrance examinations. 

LBSIM Eligibility criteria

Different courses have different eligibility listed below as follows.

PGDM Eligibility Criteria

  •  Graduates with a minimum of 50% marks from any recognized university/college. 
  • Online selection process depending on the Group Discussion and Personal Interview. 
  • Graduates from any recognized university/colleges approved by AICTE 
  • The Selection process is based on the CAT/GMAT/XAT Examinations. 

Read more: LBSIM Admission 

Why Choose LBSIM? 

LBSIM is considered one of the prestigious management institutes in the country. It has been ranked by many leading media houses time and again. LBSIM is AICTE-approved, NBA-accredited, NIRF-ranked, and an AACSB member. It offers full placement to all its students through its collaboration with its 100+ recruiters.

LBSIM Academic Advantages

  • LBSIM has partnerships with world leaders in technology like IBM, SAS, and Bloomberg for conducting training workshops and classes in advanced fields like Big Data, Machine Learning, Artificial Intelligence, Research Techniques, and Data Visualization thus offering proper industry exposure to its students.
  • LBSIM Entrepreneurship & Incubation Cell (EIC) has partnered with IIM Lucknow- Noida EIC for entrepreneurial excellence and to provide funding opportunities to new start-ups.
  • Various LBSIM alumni have received high funding during the latest Sharktank Series.
  • LBSIM is among the pioneers in Rural Bharat Immersion in India, powered by its partnerships with India’s best NGOs.
  • LBSIM  has worked in establishing relationships with India’s leading organizations in social change for experiential learning such as IRMA Anand, ISRO Hyderabad, MIT-WPU Pune, and so on.
  • It offers weekend classes for the students.
  • The institute provides full-time assistance for Internships and Placements. 
  • The Institute nurtures and grooms the students to face challenges in the business world of corporate fields. 
  • LBSIM provides diligent faculties provides industrial exposure for the students pursuing management programs. 
  • It holds international immersion programs with various foreign universities situated in Malaysia, Dubai, Indonesia, and Thailand.
  • LBSIM promotes cultural activities for the students to exhibit their talents and individuality in various fields.
  • The Institute has various clubs like The Marketing Club, and the cerebrate Strategic Club. 
  • The institute has excellent academic facilities for the students with an amphitheater, library, Bloomberg, analytics lab, video conferencing, and more. 
  • The Cultural Committee of LBSIM is responsible for all the events and awareness programs held in LSBIM. 

LBSIM Infrastructure 

LBSIM infrastructure has a modern infrastructural campus for students with world-class facilities on the campus including hostel facilities. LBSIM auditorium is a 300+ seater hall used for holding Conferences, TEDx Talks, and Student Functions. LBSIM library is regarded as the best-stocked management library in Delhi. Some of the other facilities on the LBSIM campus are below. 

  • Analytics Lab
  • Bloomberg Lab
  • Gymnasium 
  • Cafeteria
  • Auditorium 
  • Audio-Lecture rooms/Classrooms
  • Computer labs
  • Executive Halls
  • Medical Facilities 
  • Learning and Development Centre

Read more: LBSIM Infrastructure 

LBSIM Placements 

LBSIM offers 100% placement assistance to its students. The institute has collaborated with over 100+ recruiters in order to provide suitable employability to its students. The institute achieved a 100% placement rate recently. The package details are listed below.

  • The highest CTC awarded to LBSIM students is INR 24.75 LPA.
  • The average CTC awarded to LBSIM students is INR 12.42 LPA.

LBSIM Top Recruiters 

In LBSIM more than 100+ prominent companies are recruiting students. Some of them are listed below. 

Deloitte Bain & Co KPMG
EY GDS DE Shaw SBI Card
ICICI Bank Accenture Capgemini

Read more: LBSIM Placements

LBSIM Scholarships 

LBSIM Scholarships for the students based on the entrance examination score and merit score-based students. The institute offers scholarships worth INR 1 Lakh to the deserving students of the PGDM course on a merit-cum-means basis. Apart from this students with good academic grades face economic conditions scholarships for offered for the students. Some of the scholarships offered at LBSIM are below.

Scholarship  Description 
Merit scholarship 2021-23 For 1st and 2nd year PGDM students amount of 1 lakh is awarded. 
Merit Scholarship 2022-24 For 1st and 2nd year PGDM students amount of 1 lakh is awarded. 

Read More: LBSIM Scholarships 

LBSIM Collaborations

LBSIM has partnered with global universities in Malaysia, Indonesia, Thailand, and Dubai to offer 10 days of international immersion to select meritorious students. In 2023, our 40 students availed of these international programs for cultural learning, workshops, and industrial tours. LBSIM has partnered with Coursera for six (6) online courses/certifications as per individual selection by students. Some of the international collaborations of LBSIM are listed below.

International Collaborations

Country Partnering Institute
Dubai University of Dubai
Dekalb, Illinois, USA College of Business, Northern Illinois University (NIU),
Thailand Pathumthani University (PTU)
Indonesia Telkom University

LBSIM Faculty 

LBSIM has diligent faculties with years of experience sharing the depth of knowledge with the students for their bright future, placements, and professional business leaders. LBSIM has 40+ faculty members holding a Ph.D. degree on campus. In management, it has diverse research streams for the students. 

Faculty  Position 
Prof Praveen Gupta  Director of the institute 
Dr. Ishmeeta Singh  Associate professor 
Dr.Kunwad Milind Singh  Associate professor

LBSIM Alumni

LBSIM has been boasted as a prestigious institute consistently for 25 years. The Institute has nurtured and groomed some of the students to be global potential leaders. The institute's alumni count is as high as 6000+. Annual Chapter Meets and Annual Awards are held from time to time to honor the distinguished LBSIM alumni in different parts of the country. Some of the notable alumni of the institutes are below,   

Alumni  Profession
Pulkit Ahuja Founder and CEO Proxy PGDM general 
Vishesh Bajaj Director Soulcurry Media Technology

 

LBSIM Highlights

Affiliate University IPU
Institution Type Private
Faculty Student Ratio 1:13
Total Faculty 57
Year of Establishment 1995
Genders Accepted Co-Ed
Student Enrollment 480
Total Area (In Acre) 1
Construction Area (Sq. M) 4879
Website www.lbsim.ac.in
Accredited by NBA
Recognised by AIU

LBSIM Student Diversity

Category General
Male 117
Female 61
Total 178

LBSIM Rankings

Publisher Ranking & Year Criteria
#14 in 2021 MBA
#28 in 2021 MBA
#33 in 2020 MBA
#30 in 2019 MBA
#36 in 2019 MBA

Exams Accepted by LBSIM

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

3.2

Verified

Distribution of Rating

>4-5 star

35

>3-4 star

13

>2-3 star

2

1-2 star

1

Academics & Faculty

3.9

Fees & Scholarships

3.8

Placements & Internships

4

College Infrastructure & Hostel Facilities

3.6

Clubs & Associations

4.1

Entrance Exams & Admissions

1

Verified
Nikhil Srivastava Batch 2020 PGDM [Post Graduate Diploma in Management]
4.1
Reviewed on Apr 03, 2023
5 Entrance
3 Fees
5 Academics
2 Infrastructure
5 Placements
5 Campus

Placements & Internships : Having a finance background I can assure you that job opportunity in the market is huge but the basic knowledge required in your domain is a must

Entrance Exams & Admissions : the admission process was smooth, it had three rounds: 1. form screening and clearing cut

Read More

Verified
Guptadivy 31 Batch 2022 PGDM [Post Graduate Diploma in Management]
3.6
Reviewed on May 01, 2021
3 Fees
3.5 Placements
4.5 Campus

Placements & Internships : We get plenty of sales & marketing, and finance profiles. Well-known companies like EY-GDS, Marico, Britania, Delloite, ICICI and Asian Paints visit our campus not for only placements but internships

Read More

Verified
Priyankesh Srivastava95 Batch 2022 PGDM [Post Graduate Diploma in Management]
4.3
Reviewed on May 01, 2021
4.5 Placements
3.5 Fees
4.5 Academics
4.5 Infrastructure
4.5 Campus

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 lak

Read More

Verified
Uagrawal98 Batch 2022 PGDM [Post Graduate Diploma in Management]
4.5
Reviewed on May 01, 2021
4 Fees
4.5 Academics
4.5 Infrastructure
5 Campus
4.5 Placements

Placements & Internships : I'm doing my internship at Getmyuni. We have a stipend ranging from INR 6,000 per month to INR 60,000 per month. Companies from all major fields offer internships across all roles like

Read More

Verified
Sachin Rajput Batch 2022 PGDM [Post Graduate Diploma in Management]
3.7
Reviewed on May 01, 2021
4.5 Campus
4 Placements
3.5 Fees
4 Academics
2.5 Infrastructure

Placements & Internships : The placement and internship process at LBSIM is very smooth. There is a placement committee and summer internship cell which brings on board the best MNC's and other companies which offers different job profiles for different

Read More

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