LBSIM- Lal Bahadur Shastri Institute of Management, New Delhi
What Students Say?
Likes
- The course curriculum is vast, designed to keep the students industry-ready and updated with the latest trends.
- Many prominent recruiters came for finance, and the stipends offered are also very good compared to colleges of the same tier.
- Many top-notch companies, such as Deloitte, KPMG, and EY, visit the campus, offering the highest package of 28 lakhs and an average package of 8 lakhs.
Dislikes
- I did not avail of any such scholarship, and I am not sure if the college provided any scholarship or loan facility.
- The hostels food is not very good, so most people eat outside
These insights are automatically extracted from student reviews
About LBSIM
Established in 1995, LBSIM stands as one of the premier business schools in Delhi NCR, consistently ranking among the top five. The institute has earned its place among the top 20 private B-schools and the top 50 overall. Offering a flagship full-time PGDM program admitting 180 students, LBSIM provides specialization options across four areas.
Admission to LBSIM PGDM program in Delhi is determined through CAT/ XAT/ GMAT scores, followed by extempore/written ability tests, group discussions, and personal interviews. The cutoff percentile typically falls between 83 and 85. The MBA program fees is INR 15.5 Lakhs for a duration of two years, with an average placement package of INR 12.24 LPA and the highest package reaching INR 16.67 LPA during the 2024 placement drive.
USP of LBSIM
See What Prateek Srivastava from the batch of 2025 has to say about LBSIM Delhi
“Pursuing a Master of Business Administration can offer various benefits and opportunities for individuals like Career Advancement, skill development and Network building. Lal Bahadur Shastri Institute of Management (LBSIM) is a good Management institute located in Delhi NCR. LBSIM is famous for its Finance and Analyst specialization.” Read More
Table of Content
LBSIM Highlights
Here are the key highlights of LBSIM:
- Established in 1995
- Admits 180 students for its PGDM program
- MBA fees amount to INR 15.50 LPA
- Ranked 20th in the IIRF Private B-School 2024 ranking
- Offers 7 different courses
- Boasts a Faculty of over 40 members
- Provides 15 Merit-Cum-Means Scholarships
- Recorded the highest package at INR 24.75 LPA
- Counts top recruiters like DE Shaw & Co, Deloitte, EY, KPMG, Bain & Co, Darashaw, Asian Paints, Airtel, among others
- Official website: https://www.lbsim.ac.in/
LBSIM Important Dates 2024
| PGDM | |
|---|---|
| Online Application Starts | September 01, 2023 |
| Last Date to Apply | January 31, 2024 |
| GD-PI Dates | February - March 2024 |
| Result Declaration | April 2024 |
| Fee Deposit | April - June 2024 |
| Program Commencement | June 2024 |
| FPM | |
| Last Date to Apply | May 6, 2024 |
| Selection Date | May 11, 2024 |
| Program Commencement | July 27, 2024 |
Why MBA from LBSIM Delhi?
See What Prateek Srivastava from the batch of 2025 has to say about LBSIM Delhi MBA
“Course is designed in such a way to equip someone with proper knowledge of Finance, LBSIM has partnership with Bloomberg, IBM, KPMG, SAS and Finlatics for conducting various sessions and workshops for Interested Students. College provides all necessary Material and Subscription for Enrichment of students. Compared to colleges within the same cut off range this College provides a better Job profile to Individuals.” Read More
LBSIM Delhi Classroom
LBSIM Fees 2024
The PGDM Fees at LBSIM is INR 15.50 Lakhs for 2 years. The fees for other courses are mentioned in the table below:
| Courses | Description |
|---|---|
| PGDM | INR 15.50 Lakhs |
| PGDM Financial Management | |
| PGDM Research & Business Analytics | |
| PGDM E-Business | |
| PGDM Artificial Intelligence and Data Science | |
| PGDM Business Administration (Weekend Classes) | INR 5.70 Lakhs |
LBSIM Courses 2024
LBSIM offers PGDM in 4 areas of specialization. The details of the PGDM program are mentioned in the table below:
| Courses | Intake | Description |
|---|---|---|
| PGDM | 180 |
Duration: 2 Years |
| PGDM Financial Management | 60 | |
| PGDM Research & Business Analytics | 60 | |
| PGDM E-Business | 30 | |
| PGDM Artificial Intelligence and Data Science | 30 | |
|
PGDM Business Administration (Weekend Classes) |
- |
Duration: 2 Years |
LBSIM Delhi Library
LBSIM Admission 2024
LBSIM's admission process for the PGDM program in 2024 is as follows:
Candidates seeking admission are evaluated based on their CAT/XAT/GMAT scores, followed by participation in Extempore/Written Ability Test, Group Discussion, and a Personal Interview. Selection decisions are made by a panel comprising experienced faculty members and industry professionals, ensuring a diverse mix of students from various educational and cultural backgrounds.
The admission stages are outlined as follows:
- Application Submission: Prospective candidates can submit their applications for the MBA program through the institute's official website.
- Candidate Shortlisting: Applicants are shortlisted based on their CAT/XAT/GMAT scores, academic records, work experience, and other details provided in their application forms.
- GD-PI Rounds: Shortlisted candidates are invited to participate in Extempore/Written Ability Test, Group Discussion, and Personal Interview rounds, conducted across 18 cities in India.
- Final Selection: The final selection is determined by a combination of factors. Exam scores carry 60% weightage, while the remaining 40% considers prior academic performance, performance in the Written Ability Test/Extempore, Group Discussion & Personal Interview, and work experience.
Digital Lab at LBSIM
Lal Bahadur Shastri Institute of Management Admission Stories
| Name | CAT Percentage | Work Experience | Graduation score | Link |
|---|---|---|---|---|
| Jayant Bhatia | 88.67 | Fresher | 54.75 | Read More |
| Yashvi Jain | 75 | Fresher | 57 | Read More |
| Ayush Tripathy | 85 | Fresher | 71.38 | Read More |
| Sarthak Sharma | 82 | Fresher | 75.87 | Read More |
| Anjali Nirankari | 85.5 | Fresher | 89 | Read More |
LBSIM Cut Off 2024 (Expected)
LBSIM accepts the latest scores of CAT/ XAT/ GMAT and the cutoff for PGDM General is expected to be around 83 to 85 percentile. The cutoff for other PGDM programs are as follows:
| Programs | Cut Offs Percentile |
|---|---|
| PGDM General | 83 - 85 |
| PGDM Financial Management | 80 - 82 |
| PGDM Research & Business Analytics | 76 - 78 |
| PGDM E-Business | 70 |
| PGDM Artificial Intelligence & Data Science | 70 |
LBSIM Delhi Academic Building
LBSIM Placements 2024
LBSIM Placements in 2024 saw participation from 102 recruiters who extended offers with an average salary package of INR 12.24 LPA and a highest package of INR 16.67 LPA. Additionally, students secured 38 Pre-Placement Offers (PPOs) stemming from their internships. Notable recruiters included DE Shaw & Co, Deloitte, EY, KPMG, Bain & Co, Darashaw, Asian Paints, Airtel, among others.
Placements at LBSIM Delhi
See What Prateek Srivastava from the batch of 2025 has to say about LBSIM Delhi Placements
“Students become eligible for campus placement in the 4th trimester. All placement processes are student driven. There are several merits and demerits of the student driven placement process as they would not be able to attract big new recruiters or Banks and the duration of placement process is quite lengthy.
LBSIM Placement Drive 2023
All other tiers 2 have placement agencies to strengthen their placement process, but LBSIM did not have any outside source for their placement process.” Read More
Life at LBSIM Delhi
See What Prateek Srivastava from the batch of 2025 has to say about Life at LBSIM Delhi
“The infrastructure of the college is average. Although the classrooms are good, the campus lacks space for sports grounds and amenities. There are 14 clubs in the institute completely run by students. 'Tatva' - the annual fest of LBSIM is the most exciting and fun event of the year.” Read More
LBSIM Delhi Auditorium
LBSIM Delhi Hostel
The hostel is 3 km far from the college, but the facilities are average. Double Sharing rooms are given to the students with AC facilities. Breakfast, Lunch, snacks, and dinner are provided on time and the quality of the food is Average. They charge you around 192000 per year for hostel facilities. Bus Service is provided for daily conveyance. Overall Hostel facility is quite below average compared to others in the same fees charges. Mostly Rooms are given on a shared basis. It is compulsory for non-Delhi students to stay at the hostel for 1 year while a 2-year institute will provide you an option whether to stay or leave. There is no sport or fun activity being provided in the hostel. Overall Hostel facility is run by Third party.
LBSIM Mess
LBSIM Ranking 2024
LBSIM is ranked among the top private management institutes in India, ranked 14th by Outlook-ICARE Ranking 2023. It has also been ranked 33rd by Business Today Ranking 2023 among the top B-Schools. The other rankings of LBSIM are as follows:
| Ranking Body | Year | Category | Rank |
|---|---|---|---|
| IIRF Ranking | 2024 | Top B-School (Private) | 20 |
| The Time of India | 2023 | Best B-School | 7 |
| Private B-School | 4 | ||
| The Week | 2023 | Best B-School | 25 |
| Private B-School | 15 | ||
| Outlook-ICARE Ranking | 2023 | Top Private MBA College | 14 |
| Business Today Ranking | 2023 | B-School Ranking | 33 |
| Private B-School | 18 | ||
| Business World | 2023 | Best B-School | 36 |
| Private B-School | 19 | ||
| Fortune India | 2023 | Best B-School | 45 |
| Private B-School | 15 |
LBSIM Delhi Campus
LBSIM Vs FORE Delhi Vs TAPMI
A comparison between the top private B-Schools i.e. LBSIM, FORE Delhi, and TAPMI has been done in the table below:
| Particulars | LBSIM | FORE Delhi | TAPMI |
|---|---|---|---|
| Ranking 2023 | 20 by IIRF Private B-School | 63 by NIRF | 42 by NIRF |
| Year of Establishment | 1995 | 1981 | 1980 |
| Campus Area | - | 1 acres | 44.11 acres |
| MBA Intake | 180 | 180 | 420 |
| Admission Process | CAT/ XAT/ GMAT + Extempore/ WAT, GD + PI | CAT/ XAT/ GMAT + Extempore + PI | CAT/ XAT/ GMAT + GD + PI |
| Cutoff | 83 - 85 Percentile | 86 - 88 Percentile | 85 Percentile |
| MBA Fees | INR 15.50 Lakhs | INR 18.27 Lakhs | INR 17.34 Lakhs |
| Highest Package | INR 16.67 LPA | INR 30 LPA | INR 24.8 LPA |
| Average Package | INR 12.24 LPA | INR 14.5 LPA | INR 14.6 LPA |
| Scholarship | 15 scholarships available | Means-cum-Merit Scholarship Available | Scholarships offered based on Merit. |
LBSIM FAQs
Ques. What is the CAT sectional cutoff for LBSIM?
Ans. LBSIM does not consider sectional cutoff, rather it considers the overall percentile, which is 83 to 85 percentile for General PGDM.
Ques. What is the percentage required for LBSIM?
Ans. The candidates should have at least 50% marks in their graduation to be eligible to apply for the LBSIM PGDM program.
Ques. Does LBSIM have 100% placement?
Ans. During the 2024 placement drive, LBSIM recorded a 85% placement and the highest package stood at INR 16.67 LPA and the average package at INR 12.24 LPA.
Ques. Is 80 percentile in CAT a good score for LBSIM?
Ans. 80 percentile in CAT is a good score and the candidates can expect a call for all the PGDM programs but not for General PGDM. The cutoff of the general PGDM is around 83 to 85 percentile.
Ques. What are the exams accepted by LBSIM?
Ans LBSIM accepts the latest scores of the CAT, XAT, and GMAT for admission into all its PGDM programs.
Ques. Can I expect direct admission in LBSIM?
Ans. LBSIM does not offer any direct admissions or admissions through management quota. LBSIM offers admission through CAT / XAT / GMAT scores.
Ques. What is the fees for LBSIM MBA?
Ans. The fees for LBSIM PGDM program is INR 15.50 Lakhs for 2 years. This amount does not include extra expenses like admission fees, security deposit, alumni fee, etc.
Ques. Does LBSIM offer admission through management Quota?
Ans. No, LBSIM does not offer admission through management quota. The admissions are purely based on merit of the CAT, XAT, and GMAT scores.
Ques. What is the hostel fees at LBSIM?
Ans. The LBSIM hostel fees is INR 3.40 lakhs for 2 years. This is for the general category seats and can differ for other category students. Hostel facility is on first come first serve basis, Electricity charges will be as per sub meter reading at actual. Students from Delhi may also opt for a hostel.
Ques. What is the rank of LBSIM in NIRF Ranking 2023?
Ans. LBSIM was not ranked among the top 100 management institutes by NIRF 2023, but it has been placed in the rank band of 101-125.
Ques. What is the average package at LBSIM?
Ans. The average package at LBSIM stood at INR 12.24 LPA during the 2024 placement drive.
Ques. What is the highest package at LBSIM?
Ans. The highest package at LBSIM stood at INR 16.67 LPA during the 2024 placement drive. This year the highest package has decreased from 2023.
Ques. Does LBSIM have hostel facilities?
Ans. LBSIM provides separate AC Hostels for boys and girls. It is offered on a first come first serve basis. The Hostels are available for outstation applicants and are optional for Delhi NCR students.
Ques. Is it compulsory to stay at LBSIM campus hostel?
Ans. No, it is not mandatory to stay at the campus hostel. The students can choose to find their own accommodation.
Ques. How to get admission at LBSIM?
Ans. The LBSIM admission is based on the CAT/ XAT/ GMAT scores followed by an Extempore/ Written Ability Test, Group Discussion and a Personal Interview. The candidates who clear the minimum cutoff in CAT/ XAT/ GMAT will only be called for further admission process.
Ques. When are the shortlisted candidates called by LBSIM for the interview process?
Ans. LBSIM conducts its Extempore/ Written Ability Test, Group Discussion and a Personal Interview in the month of Feb/ March.
Ques. Is the average package of LBSIM increasing every year?
Ans. Yes, the average package of LBSIM has been increasing every year by around 10%.
Ques. What is the rank of LBSIM?
Ans LBSIM has been ranked 20th by IIRF Ranking 2024, 14th by Outlook I-CARE, and 33rd rank by Business Today in 2023 among the top B-Schools in India.
Ques. Can Delhi students opt for a hostel at LBSIM?
Ans. Yes, it is optional for the Delhi students to take campus hostel facility at LBSIM.
Ques. What is the intake of PGDM programs at LBSIM?
Ans. The PGDM intake at LBSIM is 180 for the PGDM General, 60 each for Financial Management and Research & Business Analytics, and 30 each in E-Business and AI & Data Science.
Ques. What is the intake for PhD students at LBSIM?
Ans. The PhD intake at LBSIM is 20 seats.
Ques. Who is eligible to apply for the PGDM program at LBSIM?
Ans. Anyone who has a Bachelor’s degree with 50% marks and has appeared for exams like CAT/ XAT/ GMAT are eligible to apply for the PGDM program at LBSIM.
Ques. What is the fees for PGDM BA (Weekend classes) at LBSIM?
Ans. The fees for the PGDM BA (Weekend class) at LBSIM is INR 5.70 lakhs.
Ques. What are the exams accepted for the Weekend PGDM course at LBSIM?
Ans. LBSIM accepts CAT, XAT, GMAT (5 years validity), CMAT, ATMA and MAT exam for admission into the Weekend PGDM program.
Ques. How are the candidates selected for the Weekend PGDM program at LBSIM?
Ans. The candidates are selected for the Weekend PGDM program based on their scores in exams like CAT, XAT, GMAT (5 years validity), CMAT, ATMA, MAT, followed by an online interview.
Ques. Who can apply for the PhD program at LBSIM?
Ans. Anyone who has completed a Bachelor's degree with 60% marks are eligible to apply for the PhD program at LBSIM.
Ques. What is the fees for the PhD program at LBSIM?
Ans. The PhD fees at LBSIM is INR 60,000 for non-working scholars and INR 1,20,000 for working scholars.
Ques. What is the PhD admission process at LBSIM?
Ans. The PhD admission will be based on an in-house test for selection, followed by a presentation of the research proposal/motivation and a panel interview.
Ques. Does LBSIM accept the scores of any national level examination for PhD admission?
Ans. Yes, LBSIM accepts the scores of CAT / GMAT / GRE / UGC-JRF / GATE exams for admission into the PhD program.
Ques. What is the application fee for PhD at LBSIM?
Ans. The PhD application fees at LBSIM is INR 1500.
Ques. Is there any age limit to apply for the PhD program at LBSIM?
Ans. The PhD students should not have an age above 50. Though there is no age limit for the meritorious and deserving candidates.
Ques. Is it mandatory to have work experience for PhD admission at LBSIM?
Ans. No, it is not mandatory to have work experience to apply for the PhD program at LBSIM. But a work experience of ten years at the senior level will be preferred.
Ques. Does LBSIM accept the GMAT scores of the previous years for PGDM Admission?
Ans. No, LBSIM only accepts the scores of the latest GMAT exam. This is the same for other exams also.
Ques. Can I apply offline for the PGDM program at LBSIM?
Ans. Yes, the candidates can also fill an offline application by collecting the Physical Application Form, available at the Admission Coordinator at Lal Bahadur Shastri Institute of Management, Dwarka Sector - 11, Delhi on all working days from 9.30 am - 5.30 pm.
Ques. What is the application fee for PGDM at LBSIM?
Ans. The application fee for the PGDM program at LBSIM is INR 2,000 + GST.
Ques. Where will the GD/PI be held for LBSIM PGDM admission?
Ans. The GD/ PI for the PGDM admission at LBSIM will be held in Bengaluru, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Kolkata, Mumbai, Patna, Ahmedabad, Indore, and Thiruvananthapuram.
Ques. When are the results for the LBSIM PGDM admission expected to be released?
Ans. The first list for the PGDM program is expected to be released in the 1st week of April.
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LBSIM Fees & Eligibility
| Course | Fees | Eligibility | Application Date | Action |
|---|---|---|---|---|
PGDM 5 Courses | ₹15.5 Lakhs (Total Fees) | Graduation with 50% | 1 Feb - 15 Apr 2024 | |
| Fellowship | ₹2 Lakhs (Total Fees) | Post Graduation with 60% | 6 May 2024 |
| Course | Fees | Eligibility | Application Date | Action |
|---|---|---|---|---|
PG 1 Course | ₹3 Lakhs (1st Year Fees) | Graduation | 1 Feb - 15 Apr 2024 |
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LBSIM Upcoming Application Dates 2024
Important Events
| Events | Dates |
|---|---|
| CAT 2024 Result Date | Upcoming Dec 26, 2024 |
Expired Events
| Events | Dates |
|---|---|
| CAT 2024 Exam Date | Nov 24, 2024 |
| CAT 2024 Admit Card Date | Oct 25, 2024 |
| CAT 2024 Registration Date | Aug 03, 2024 - Sep 20, 2024 |
Important Events
| Events | Dates |
|---|---|
| CAT 2024 Result Date | Upcoming Dec 26, 2024 |
Expired Events
| Events | Dates |
|---|---|
| CAT 2024 Exam Date | Nov 24, 2024 |
| CAT 2024 Admit Card Date | Oct 25, 2024 |
| CAT 2024 Registration Date | Aug 03, 2024 - Sep 20, 2024 |
Do you think the Dates are wrong ? Report Here
LBSIM Rankings 2024
You can check college rankings with different ranking agencies.
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LBSIM Scholarship 2024
Scholarship provided by the college.
Lal Bahadur Shastri Institute of Management (LBSIM) offers financial support in the form of numerous scholarships to students from Economically Weaker Sections. LBSIM Delhi offers scholarships on the basis of various qualifications. All the students at LBSIM are eligible to apply for the scholarship program and have an equal chance to avail of the scholarships. Lal Bahadur Shastri Institute of Management is one of the premier business schools in India offering Post Graduate Diploma in Management (PGDM) as its flagship course in various specializations.
Here is a list of LBSIM Scholarships offered to the students:
- Merit-cum-Means Scholarships
- Smt. Lalita Shastri Scholarship
- Manuj Chopra Scholarship
- Tessy Thomas Scholarship
Lal Bahadur Shastri Institute of Management also offers student awards during the Convocation for Scholarly performance and Social activities.
Check More: LBSIM Admission 2024
Table of Content
LBSIM Merit-cum-Means Scholarships
Lal Bahadur Shastri Institute of Management offers the following Merit-cum-Means Scholarships to meritorious students from Economically Weaker Sections:
- For Batch 2021-23, a total of 6 Merit-cum-Means Scholarships worth INR 1,00,000 each are awarded to first-year and second-year students enrolled in PGDM programs.
- For Batch 2022-24, a total of 15 Merit-cum-Means Scholarships worth INR 1,00,000 each are awarded to first-year and second-year students enrolled in PGDM programs.
The students who will be awarded these scholarships are chosen by a committee comprising faculty members, admin staff member/s, and others.
Check More: LBSIM Courses & Fees
LBSIM Other Merit Scholarships
Lal Bahadur Shastri Institute of Management also offers three other scholarships on Merit-cum-Means Basis which are as follows:
- Smt. Lalita Shastri Scholarship
- Manuj Chopra Scholarship
- Tessy Thomas Scholarship
Here are the complete details about these scholarships:
| Scholarship Name | Scholarship Details | Amount |
|---|---|---|
| Smt. Lalita Shastri Scholarship | Awarded to students who have performed very well in academics and leadership potential. | INR 50,000 |
| Manuj Chopra Scholarship | Awarded to students who have shown academic excellence and social responsibility. | INR 50,000 |
| Tessy Thomas Scholarship | Awarded to students who have shown academic excellence and entrepreneurial skills. | INR 50,000 |
Check More: LBSIM Placements
LBSIM Student Awards
LBSIM Delhi confers Two Awards to its students during the Convocation for Scholarly Performance and Social Activities. The Students Awards offered at LBSIM are as follows:
- Lalita Shastri Award for Overall Best Performance
- Amit Chopra Award for Social Services and Extra Curricular Activities
Check More: LBSIM Ranking
LBSIM Scholarships 2024 FAQs
Ques. Does LBSIM offer any scholarships?
Ans. Yes, Lal Bahadur Shastri Institute of Management offers numerous scholarships to the students from Economically Weaker Sections. The institute offers merit scholarships which can be availed by the students on the basis of their academic performance and social work.
Ques. Which scholarships are offered by Lal Bahadur Shastri Institute of Management?
Ans. Lal Bahadur Shastri Institute of Management offers the following scholarships:
- Merit-cum-Means Scholarships
- Smt. Lalita Shastri Scholarship
- Manuj Chopra Scholarship
- Tessy Thomas Scholarship
Ques. What is the amount for Merit-cum-Means Scholarships at LBSIM?
Ans. LBSIM offered a total of 6 Merit-cum-Means Scholarships worth INR 1,00,000 each to first-year and second-year students enrolled in PGDM programs for Batch 2021-23. For Batch 2022-24, a total of 15 Merit-cum-Means Scholarships worth INR 1,00,000 each are awarded to first-year and second-year students in the PGDM course.
Ques. How are students selected for scholarships at LBSIM?
Ans. The students are selected for scholarships at LBSIM based on various criteria. First, their family background and financial records are checked followed by their academic records. The students are chosen by a committee comprising faculty members, admin staff member/s, and others.
Ques. What is the scholarship amount for the Tessy Thomas Scholarship at LBSIM?
Ans. The scholarship amount for the Tessy Thomas Scholarship at LBSIM is INR 50,000.
LBSIM: 1 Answered Question
What is the least package of lbsim?
The official website does not mention the lowest placement package for the 2023 PGDM batch of LBSIM New Delhi.
By the first week of November, the institute witnessed 100% placement of its 2023 PGDM batch. The average package stood at Rs. 12.42 LPA, the median package was Rs. 12.05 LPA, and the highest package was Rs. 24.75 LPA.
A total of 39 PPOs were received by the students. Research & Consultancy and Finance were the major recruiting sectors. The list of prominent recruiters contained names like DE Shaw & Co., Deloitte, EY, KPMG, Bain & Co., Darashaw, Asian Paints, Airtel, Havells, Gartner, ZS Associates, Egon Zehnder and Capgemini among others.
You can visit the official website to check the specialization-wise highest, average and median packages.
LBSIM Facilities
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LBSIM Faculty
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LBSIM College Details
Basic Information About the Colleges
New Delhi - 110075
Delhi NCR, India
LBSIM Latest News
LBSIM Placement 2023: Record 10% Rise in Average Salary at Rs.12.42 LPA
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