FAQs
Is there any reservation policy for BIM-MBA Admissions?
Yes. Admissions are subject to the reservation policy and other applicable norms prescribed by the Government of Tamil Nadu, as amended from time to time.
What is the Refund Policy?
Please click here to view the applicable fee refund policy.
Is there any age limit to pursue the MBA programme at BIM?
No. There is no prescribed upper age limit for applying to the BIM-MBA programme, subject to fulfilment of the applicable admission requirements.
Whom should I contact regarding the status of my application?
For queries relating to your application status or other admission-related matters, please write to admissions@bim.edu.
Is the BIM-MBA programme residential?
Yes. The BIM-MBA is a two-year, full-time residential programme. Students admitted to the programme are required to reside on campus for the duration of the programme, subject to the applicable institute regulations.
Is work experience required to apply for the BIM-MBA programme?
No. Prior work experience is not required to apply to the programme. However, weightage will be assigned for relevant full-time work experience in the selection process.
What is the geographical mix of students at BIM?
BIM welcomes students from across India. Each batch typically includes representation from more than 15 states, with approximately 60% of the batch comprising students from five southern states.
What are the hostel facilities at BIM?
BIM provides furnished, twin-sharing accommodation with attached bathrooms for students residing on campus, subject to hostel rules and regulations.
How is the dining facility at BIM?
The campus dining facility is managed by MESSCOM, the student mess committee comprising representatives from both PGP1 and PGP2. The committee oversees the functioning of the mess, including food quality and menu planning, with a mix of North Indian and South Indian cuisine. The system is managed with student participation and transparency.
Does BIM arrange for any educational loans?
Yes, through State Bank of India, Canara Bank, Central Bank of India and Union Bank of India, subject to their norms.
Pradhan Mantri Vidyalaxmi Scheme:
The Union Cabinet on 6th November 2024 approved “Pradhan Mantri Vidyalaxmi” (PM-Vidyalaxmi), a Central Sector Scheme to provide financial support to meritorious students so that financial constraints do not prevent any youth of India from pursuing quality higher education. The broad contours of the scheme are:
- A mission mode mechanism will facilitate and drive the extension of education loans to meritorious students who get admission in the top 860 quality Higher Educational Institutions (QHEIs) of the nation, translating to covering more than 22 lakh students every year.
- A special loan product will enable collateral-free, guarantor-free education loans, made accessible through a simple, transparent, student-friendly and entirely digital application process.
- Loan amounts up to ₹7.5 lakh will be provided with a 75% credit guarantee by the Government of India, to support banks to expand coverage.
- Furthermore, for students with up to Rs. 8 lakhs annual family income, the scheme will also provide for 3% interest subvention on loans up to Rs 10 lakh.
- This is in addition to the full interest subvention already offered to students with up to Rs. 4.5 lakhs annual family income.
- The Scheme applies to all Scheduled Banks/Regional Rural Banks (RRBs)/Cooperative Banks.
What is the process for selection of students under 3% interest subvention scheme?
In a year, a maximum of one lakh students shall be eligible for the 3% interest subvention scheme during moratorium. If the number of fresh applicants exceeds one lakh, a sequential method will be used as below:
- Preference to candidates who got admission in a government HEI.
- Then preference given to technical/ professional courses.
- Then, preference to candidates who passed higher secondary (10+2) board examination from a government school.
- Next preference to candidates who passed the secondary (10th standard) board examination from a government school.
- Next preference to candidates who passed higher secondary from a rural school.
- Next preference will be given to girl students.
What are the documents to be uploaded for the PM-Vidyalaxmi scheme on the portal?
Following Documents to be uploaded by the student on the portal
- Marksheet for Class X
- Marksheet for Class XII /Last qualifying Examination
- Proof of admission to the course
- Schedule of Expenses for the course as given by the institution.
- Proof of income issued by public authority/ College authority.
- Applicants /Parents photograph.
What are the features of PM-Vidyalaxmi Portal?
PM-Vidyalaxmi portal is a unified portal that has the following features
- Information about PM-Vidyalaxmi and other Education loan schemes of member Banks
- Facilitates students to apply for an education loan from their preferred Bank.
- Option for students to select three Banks while applying for an education loan.
- Facility for students to apply for Interest subvention on PM-Vidyalaxmi portal.
- Facility for students to upload required documents for interest subvention.
- Status of the loan application is available in the Track Loan Application Tab.
- Online grievance redressal mechanism.
How to apply for education loan on PM-Vidyalaxmi Portal?
- The Student shall register and log in to the Vidyalaxmi portal and fill in the respective Education Loan Application Form by providing all the necessary details.
- After Completion of the form and uploading of necessary documents, the student can select the Bank from which he/she wants to avail the loan facility as per his/her needs, eligibility and convenience.
- What is a two-page education loan application form?
A two-page education loan application is a common loan application form used for applying for a loan under the PM-Vidyalaxmi scheme.