Hello,

No, It is not compulsory to stay at hostel for MBA in SIBM or SCHMRD. There are very few colleges that have compulsory hostels. SIBM or SCMHRD are one of the top colleges in India that offer oustanding placement opportunities and high quality education. The hostel is a complete optional part. It is for those students who want to opt for hostels and in case you are a resident of Pune or a person who doesn't wish to stay at hostels, you can opt for not choosing it.

I hope this helps,

Thank you