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National Institute of Bank Management - [NIBM], Pune

Pune, Maharashtra
Public (Autonomous) College

What's New in NIBM Pune?

​NIBM Pune is inviting applications for admission to its PGDM in Banking and Financial Services (B&F) program for the academic session 2023-25 and the last date to apply is March 20, 2023. During NIBM Pune Placements 2023, the highest package stood at INR 23.50 LPA whereas the average package stood at INR 15.22 LPA.

NIBM Pune, established in 1969 by the Reserve Bank of India (RBI) in consultation with the Government of India. It is an autonomous apex institution for research, training and consultancy in Banking and Finance. NIBM Pune has been ranked 76th by NIRF Ranking 2023 in the Management Category and 41st in Top B-Schools in Government category by IIRF 2024. The institute offers a 2 year flagship PGDM in BFSI and the intake for the same is 120. 

NIBM Pune admissions are based on exams like CAT/ XAT/ CMAT/ GMAT/ GRE followed by an Oral Communication Test and a Personal Interview round. The CAT cutoff is around 94 percentile for the PGDM admission. The NIBM Pune fees is INR 16 lakhs for 2 years and the average package is INR 14.16 LPA. According to the NIBM Pune placement report of 2024, the institute has recorded the 100% placement with a highest package of INR 26.50 LPA. Some of the top recruiters were Bank of America, Airtel Payments Bank, Barclays, Cognizant, and Ernst & Young. 

USP of NIBM Pune?

See What Arpit Chauhan from the batch of 2023-25 has to say about NIBM Pune

“If I have to talk about the USP of NIBM over similar categories of other B schools then it would first and foremost be the brand image of the college in Banking and finance Industry . As NIBM itself is a very old college with a legacy of more than 50 years and is established by RBI , NIBM is the only educational institute which was established by RBI.

Second thing would be ROI as NIBM has a comparatively low fee structure and has a decent average placement of 15.23 Lakhs as per 2023 placement report.” Read More

NIBM Pune

NIBM Pune Highlights

Particulars Statistics 
Institute Name  National Institute of Bank Management (NIBM) Pune
Establishment Year  1969
Institution Type Government Autonomous
Campus Size 62 acre
NIRF Ranking 2023 76
Total Faculty  26 Faculty 
Courses Offered  Post Graduate Diploma Management - Banking and Financial Services (PGDM BFSI)
PGDM Fees  INR 16 Lakhs for two years 
Intake Capacity  120 -130 Seats 
Admission Process Entrance Exam + OCT/PI
Exam Accepted  CAT, CMAT, XAT, GMAT and GRE
Total Scholarship
Highest Package 2024 INR 26.50 LPA
Top Recruiters America, Airtel Payments Bank, Barclays, Cognizant, and Ernst & Young

NIBM Pune Important Dates 2025

The Important dates for admission into PGDM Courses offered by NIBM Pune are mentioned below in the table. 

Exam  Tentative Dates 
NIBM Pune Last Date to Apply April 20, 2025
Writing Ability Test / Oral Communication and Personal Interview April 2025
Declaration of Results May 2025
Online OC and PI for CMAT candidates June 14, 15, 16, and 17, 2025
Commencement of Classes June / July, 2025
Submission of Marksheet / Degree Certificate (for Students currently in the Final Year) October 31, 2025
Payment of the First Installment of Fees Within 2 Weeks from the Date of the Offer of Admission

NIBM Pune Fees 2024

NIBM Pune fees for 2 year full-time PGDM Program is INR 16 Lakhs. The total fees includes the academic fees, tuition fees, and the alumni fees. The fees for the academic year 2024-26 is the same as it was in previous year. 

Courses Fees
PGDM - BFSI INR 16 Lakhs (Including Academic Fee, Hostel Charges and Alumni Fees)

NIBM Pune Courses

NIBM Pune offers PGDM courses in the field of Banking and Financial Services. The details for NIBM Pune Courses are as follows:

Courses Program Details
PGDM - BFSI Intake: 120 – 130
Eligibility: Bachelor’s degree with 50% marks
Selection Criteria: CAT/ XAT/ CMAT/ GMAT/ GRE + Oral Communication Test + Personal Interview
Online Certificate Courses Eligibility: Proof of Working in a Bank or Financial Institution
Duration: To be completed within 6 Months

Why MBA from NIBM Pune?

See What Arpit Chauhan from the batch of 2023-25 has to say about NIBM Pune

“After a very complicated journey of finalizing the college for my MBA , I landed in NIBM-Pune . I also attended classes in Goa Institute of Management for about 1 month and later when I converted NIBM from the waiting list, I decided to join the program at NIBM in the banking and finance branch.” Read More

Classroom at NIBM Pune

Classroom at NIBM Pune

NIBM Pune Admission is based on CAT, XAT, CMAT, GMAT and GRE exams, followed by the Oral Communication Test and Personal Interview. Apart from these procedures, the average marks secured by the candidates in SSC and HSC may be considered for assessing the academic performance of the candidates. Other parameters like Extracurricular activities, sports, Work Experience, etc will also be considered for the final selection. 

The NIBM PGDM admission process includes the following stages:

Admission Stage Description 
Registration  Interested candidates will have to visit the NIBM website and fill out the PGDM application form online.
Screening Test The applicants should have a valid score in any one of the exams among CAT, XAT, CMAT, GMAT and GRE. They will be shortlisted based on their scores. 
Selection Process The shortlisted candidates will be called for an Oral Communication Test and a Personal Interview round.
Final Selection  The final merit list will be based on the score in the Screening Tests, performance in the Oral Communication, Personal interviews, Academic Background, Participation in extracurricular activities, and Work Experience. The selected candidates will be sent an offer letter.

NIBM Pune CutOff 2024

To get admitted to NIBM Pune, the candidates need to clear the minimum score in the qualifying examination i.e. CAT, XAT, CMAT, GMAT or GRE. The institute will consider CAT as a benchmark for screening of applicants. 

The NIBM Pune CutOff 2024 for different categories of mentioned in the table below:

Category CAT/ XAT/ GMAT/ GRE CMAT
General 94 98.5
NC-OBC 84 88
EWS 84 88
SC 79 83
ST 74 79
PwD 74 79

The 2024 AI rank for CMAT exam accepted by NIBM Pune are as follows:

Category AI Rank (CMAT)
General 1078
NC-OBC 6981
SC 10003
ST 18667
PwD 18667
EWS 6981

NIBM Pune Placements 2024

NIBM Pune recorded a 96.15% placement during the 2024 placement drive. NIBM Pune average package stood at INR 14.16 LPA. A total of 40+ recruiters visited for the placement drive. Some of the top recruiters of NIBM Pune are Bank of America, Airtel Payments Bank, Barclays, Cognizant, Ernst & Young, etc. 

Particulars Placement Statistics 2024
Batch Size 130
Total Recruiters 50+
Highest Package  INR 26.50 LPA
Average Package INR 14.16 LPA
Top Financial Industry Segments Indian Private Banks
Top Recruiters  America, Airtel Payments Bank, Barclays, Cognizant, and Ernst & Young

Placements at NIBM Pune

See What Arpit Chauhan from the batch of 2023-25 has to say about NIBM Pune Placements

“Overall placement process is fair and the placement committee does play an important role in getting all the students placed, however our dean and placement officer has a very tight supervision on all the activities of the placement committee working, so chances of discrepancy are close to zero in all the placement process of the NIBM.” Read More

NIBM Pune Batch

Batch of 2023-25 at NIBM Pune

NIBM Pune Previous Year Placements

The average package has been increasing consistently every year. The highest package decreased in 2022, compared to 2021. But in 2023 and 2024, the highest package has increased again. NIBM Pune Placement statistics for the last 5 years are mentioned in the table below:

Years Highest Package Average Package
2024 INR 26.50 LPA INR 14.16 LPA
2023 INR 23.50 LPA INR 15.22 LPA
2022 NR 15.78 LPA INR 11.41 LPA
2021 INR 22 LPA INR 10.03 LPA
2020 INR 22 LPA NA

NIBM Pune Rankings 2024

NIBM Pune is one of the prestigious institutes in India for banking and financial services. It comes under the top B-school for management. It is ranked 76th position under the Management category by NIRF Ranking 2023

Ranking Body Year  Category Rank 
NIRF 2023 Management 76
IIRF 2024 Top Govt B-School 41

Check: NIBM Pune detailed Ranking 

Life at NIBM Pune

See What Arpit Chauhan from the batch of 2023-25 has to say about Life at NIBM Pune

“NIBM Pune campus is spread over 62 acres in a beautiful valley with minimum distraction and pollution. It is a residential institute with accommodation for faculty, staff and students. It has a vast infrastructure that is well-equipped with several lecture halls used for various activities and classrooms. The institute library has more than 67880+ Books and 180+ reputed international and national Journals in various disciplines. It has books related to Economics, General Management, Leadership, Behavioral Sciences, Quantitative Methods, Sociology, Agriculture, Rural Development, Microfinance etc. The library also has more than 2,800+ micro-films, video and audio cassettes, CDs, DVDs, VCDs, diskettes/floppies, films and slide-sets on different subjects.”

NIBM Pune

NIBM Pune Hostel

See What Arpit Chauhan from the batch of 2023-25 has to say about Life at NIBM Pune Hostel

“If I have to talk about Hostel life at NIBM , my experience was mixed. Here in NIBM we don’t have general hostels , here students are allotted flats mainly 2 BHK which are inside the campus only , Although mess for all hostels is common . As NIBM is more than 50 years old so infrastructure is not that great as it is in many other private B schools but at the same time Hostel are equipped with all the necessary amenities and in total you will get the feel of a vintage home living experience here. The hostel fees for two years are INR 2,16,000 Lakhs and the mess fee is INR 8,000.” Read More

NIBM Pune Hostel

NIBM Pune Hostel

NIBM Pune Hostel Mess

See What Arpit Chauhan from the batch of 2023-25 has to say about Life at NIBM Pune Hostel Mess

“Mess meals are manageable as very great cuisine is not served to students but still the food is manageable. Here in campus generally classes are there from morning 8:30 to 1:40 in afternoon after that free time is available for the student if no other sessions are scheduled by seniors or any other committee or any guest lecture by the admin department.” Read More

Food Served in Hostel Mess at NIBM Pune

Food Served in Hostel Mess at NIBM Pune

NIBM Pune Library

See What Arpit Chauhan from the batch of 2023-25 has to say about Life at NIBM Pune Library

“If there is leisure time then generally student go in library for studies or play sports and one more fact about NIBM is that we have a lot of exams weather it would be mid sem /end sem/class test / case studies presentations and all these things have a weightage in your CGPA calculation so you can't afford to take any of these casually , so free time in NIBM is almost a hypothetical concept.” Read More

NIBM Pune Library

NIBM Pune Library

NIBM Pune Notable Alumni

Name Designation Company
Shripad Nande (2007-08) Director - Credit Analytics MODIFI
Sonal Chauhan (2016-18) Vice President Asset Liabilities and Capital Management HSBC
Deepak Kumar (2008-09) Head (ESG Cell) Union Bank of India
Tarun Kaushal (2010-12) Deputy Vice President Bandhan Bank

NIBM Pune FAQs

Ques. Why Choose NIBM Pune?

Ans. NIBM Pune is a Prestigious institute for banking and financial services. Candidates can choose NIBM Pune because it has an Esteemed Governing Board, Renowned Faculty, Unique Curriculum, Real-life Application, Analytical Aptitude and High Faculty Student Ratio. 

Ques. Is it hard to get into NIBM Pune?

Ans. For admission into NIBM PGDM program, the candidates should have a Bachelor's degree with a minimum of 50% marks or equivalent from a recognised University. They should also have a valid national-level exam (CAT/XAT/CMAT/GMAT/GRE) scorecard. The applicants will be shortlisted based on their exam scores and will have to appear for a Oral Communication Test and a Personal Interview.

Ques. How much percentile is required for NIBM Pune?

Ans. The candidates should have a minimum of 84 percentile or above in CAT for admission into NIBM Pune PGDM program. 

Ques. What are the fees of NIBM Pune?

Ans. The NIBM Pune fees is INR 16 lakhs for 2 years. It includes the academic fees, hostel fees and alumni charges. 

Ques. Who is eligible for NIBM Pune?

Ans. Anyone who has a Bachelor’s degree with 50% marks and has appeared for exams like CAT, XAT, CMAT, GMAT or GRE are eligible to apply for NIBM Pune. 

Ques. What is the rank of NIBM Pune?

Ans. NIBM Pune has been ranked 76th by NIRF Ranking 2023 among the top management institutes in India. 

Ques. How many seats are there in NIBM Pune?

Ans. There are 120 seats for the PGDM program at NIBM Pune.

Ques. Which exams are accepted by NIBM Pune?

Ans. NIBM Pune accepts CAT, XAT, CMAT, GMAT and GRE for admission into its PGDM program. 

Ques. How are placements at NIBM Pune?

Ans. NIBM Pune placement 2024 concluded with a 100% placement record, where all 130 students got placed. The average package stood at INR 14.16 LPA and the highest package at INR 26.50 LPA. 

Ques. What are the various clubs in NIBM Pune?

Ans. The clubs in the NIBM Pune help with the holistic development of the students. There are 3 clubs in the NIBM Pune i.e. Vittarth, Konsult and Vittnivesh.

Ques. Does NIBM collaborate with different organisations and institutions? 

Ans. NIBM is collaborating with national and international organisations. Recent collaborations were with the following:

  • National Insurance Academy (NIA), Pune
  • National Institute of Securities Markets (NISM), Navi Mumbai
  • Chartered Market Technician (CMT) Association, USA
  • Chartered Financial Analyst (CFA) Institute, USA (University Affiliation Program)

Ques. What are the rules and regulations for the students?

Ans. There is 75% mandatory attendance for the students to sit in the examination. A Laptop is compulsory and students are expected to have their laptops before commencement of the classes. Students have to wear formal uniforms during events such as seminars, presentations, guest lectures, interviews, etc. Ragging is strictly prohibited, if any student is found guilty he/she will be punished and a fine will be imposed on them.

Ques. Students of NIBM Pune are placed at which designation? 

Ans. Students of NIBM Pune are placed in the role of Manager, Credit, Manager, Audit Analyst, Associate, Credit Risk, Market Risk, Operational Risk, Integrated Risk Management, Retail Credit Strategy and Control, Senior Consultant, Associate, Internal Audit, Finance Analyst, Associate Consultant Business Analyst etc.

Ques. What are the different committees at NIBM Pune?

Ans. Different committees at NIBM Pune work in the institute in favour of students and staff. 

  • Admissions Committee and Student Council
  • Corporate Relations Committee (Placement Committee)
  • Alumni Relations Committee
  • Sports Committee
  • Academic and Professional Development Committee
  • Media and PR Committee
  • Cultural Committee- Goonj
  • Mess Committee
  • Fest Committee – JASHN
  • Entrepreneurship Cell

Ques. What are the projects for the students at NIBM Pune?

Ans. There are two projects students have to do.

  • Banking and Finance Project: The Students undertake a three-month project during Term 4/5 under the guidance of a Faculty Member. The Students are expected to make original contributions or recommendations, based on their analyses, in the final reports.
  • Social Development Project: The Social Development Project is a group assignment that allows students to study problems and understand the needs of society. Students begin this project early in the course and work throughout the entire duration of PGDM. This project instills a sense of social responsibility among the students and develops their ability to work in teams.

Ques. Do the students of NIBM have to do an internship?

Ans. The students of NIBM Pune have to do 1 summer internship of 8 weeks in any organisation and have to find an internship on their own.

Ques. Is NIBM MBA certificate valid?

Ans. Yes, highly recognized and respected within the industry. A lot of executives from multinational companies carry an MBA or Executive MBA from NIBM.

Ques. Does NIBM Pune provide online certification?

Ans. NIBM Pune offers seven online certification courses: Credit Management, Risk Management, Treasury Management, Accounts and Audit, Retail Credit Management, Credit Management for Small Finance Banks and Banking Operations Management for Payment Banks.

Ques. Can I get admission with a valid CAT score?

Ans. Admission to NIBM Pune depends on CAT score. Without a valid score of CAT no admission is given to any students. Apart from CAT, students who have appeared for CMAT, GMAT, GRE, and XAT can also apply for NIBM Pune as they are eligible for Admission. 

Ques. What are the Documents required at the time of admission to NIBM Pune?

Ans, Candidates have to upload certain documents while the form is filled. A list of required documents is as follows. 

  • Aadhar Card 
  • 10th and 12th Marksheet
  • Bachelors Marksheet
  • Admit Card and Scorecard of any of the qualifying exam CAT CMAT, XAT, GMAT and GRE
  • Category Certificate (If Applicable)
  • Passport size photograph

Ques. What is the weightage of Different Phases in the Admission Procedure?

Ans. There is a weightage of different phases and the weightage is as follows. 

Phases Weight (%)
CAT/XAT/CMAT/GMAT/GRE Scores  35
Academic performance 25
WAT/OCT* 10
PI 25
Extracurricular activities, sports, Work Experience, etc 5

Ques. Do the hostel fees include the tuition fee?

Ans. Yes, the hostel fees include the tuition fee. The hostel fee is INR 1.08 Lakhs per year and the mess fee is INR 8k per year which is not included. 

Ques. Is an Education Loan Available for the students?

Ans. Yes, Education Loan is Available for students from leading banks. State Bank of India, Bank of Baroda, Canara Bank, Union Bank of India etc. 

Ques. Does NIBM Pune provide scholarships? 

Ans. NIBM Pune provides Merit Cum scholarships to deserving students from economically poor families. 

Ques. What are the accomplishments of NIBM Pune?

Ans. It received various awards from different organisations, in 2019-20 ABP News awarded NIBM with the Education Leadership Award, the Platinum award for ‘smart governance’ for PGDM (B&FS) Program, Accredited with Worldwide Achievers’ Award for outstanding B-School in Banking and Finance.

Ques. What is the age limit for the PGDM in NIBM Pune?

Ans. The age limit for applicants to the NIBM Pune is 55 years.

Ques. Is it mandatory to have a commerce background for NIBM Pune?

Ans. It is not mandatory to have a commerce background for NIBM Pune, candidates from different backgrounds are accepted for the PGDM course in NIBM Pune. 

Ques. What is the placement rate in NIBM Pune?

Ans. The placement rate in NIBM Pune is 100% in 2024. The highest package of 2024 is INR 26.50 LPA. 

Ques. Is academic performance important in NIBM Pune admission? 

Ans. Yes, at the time of the final merit list academic performance of students is considered. 

Ques. What is the closest airport to NIBM Pune?

Ans. The Pune Airport is the closest airport to NIBM Pune. It takes around 40 minutes to reach Pune airport by Road from NIBM Pune.

Ques. What is the specialization offered by NIBM Pune?

Ans. NIBM Pune Offers Banking and Financial Services in the PGDM Course. 

Ques. What is the batch size of the PGDM Course?

Ans. The batch size in the PGDM Course is 130, 99 male and 31 female. 

Ques. Does the institute library have journals?

Ans. The institute library has more than 67880+ Books and 180+ reputed international and national Journals in various disciplines.

Ques. Does NIBM Pune have a hostel?

Ans. NIBM Pune has separate hostels for male and female students and it is mandatory to reside in hostels.

Ques. Is NIBM Pune is Private or government institution?

Ans. NIBM Pune is a government institution owned by the Reserve Bank of India (RBI) in consultation with the Government of India.

Ques. Does the NIBM Pune accept NRI and Foreign Students?

Ans. Yes, the NIBM Pune accepts NRI and Foreign Students but they must have a valid score in CAT, XAT, GMAT, CMAT AND GRE. 

Ques. What are the facilities available in the NIBM Pune Campus?

Ans. NIBM Pune Campus is filled with facilities such as a Sports ground, Banks and postal services, a Medical centre, a library and a cafeteria. 

Ques. What are the various events in NIBM Pune?

Ans. Cultural events and festivals such as Colloquium, Adhikosh, JOSH and Vishleshan are organised in NIBM Pune.

Ques. Does NIBM Pune Campus have Wifi?

Ans. NIBM Pune has 24*7 internet connectivity on the campus.

Ques. What are the Publications in NIBM Pune?

Ans. The Institute publishes several books, monographs, journals, reports, mimeographs and working papers. It also publishes two quarterly journals in English: Prajnan and Vinimaya.

Ques. What are the databases in the computer center in NIBM Pune?

Ans. The are 13 databases in the computer center: Ace Equity, CMIE Economic Review, CMIE ProwessIQ, EBSCO Business Source Complete Database, EBSCO E-Books Database, EPWRF Database, IMF eLibrary, J-Gate Social & Humanities database, JSTOR, National Digital Library (NDL), Proquest ABI/Inform Complete database, Refinitiv Eikon, HBS & lvey Case studies. 

Ques. What is the Affiliation of NIBM Pune?

Ans. It is approved by AICTE and accredited by the Ministry of Science and Technology, Government of India as a ‘Scientific and Industrial Research Organization.

Ques. Does NIBM accept ATMA scores?

Ans. No, NIBM accepts scores of CAT, XAT, CMAT, GMAT and GRE. ATMA scores are not valid for admission to NIBM.


Full Time Courses

Top Courses1st Year FeesTotal FeesEligibilityRankingApplication DatesCutoff
PG Diploma₹6.92 Lakhs₹13.84 LakhsGraduation41 out of 46 by IIRFView More20 Apr 2024

Top Courses, Fees & Eligibility

Select degree :
PG Diploma
Select stream :
Management

1st Yr Fees

6,92,000
Duration2 Year(s)
Exams accepted
Application Date20 Apr 2024
EligibilityGraduation
Cut off65 PGDM BFSIRankingNo Ranking Found

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College Faculty

Basic Information About Faculty

Dr. Alka Vaidya

Associate Professor


Prof. Anjan Roy

Professor, Dean (Research & Consultancy)


Dr. Arindam Bandyopadhyay

Professor and Dean (Academic Programme), Principal, PGDM (B&FS)


Dr. Deepankar Roy

Associate Professor


Dr. Dipali Krishnakumar

Associate Professor


Dr. Elizabeth James

Assistant Professor


Dr. Gargi Sanati

Associate Professor

Dr. Jiji T Mathew

Assistant Professor

Dr. Kaushik Mukherjee

Professor and Dean (Executive Training Programme including E-Certification Programme)


College Facilities

Basic Information About Facilities

Hostel
Sports
Library
Medical
Gym
Classrooms
Security

Placement

Find Placement Details about National Institute of Bank Management - [NIBM] here.

companyBank of America
companyCognizant
companyErnst & Young

College Ranking

Ranking of National Institute of Bank Management - [NIBM]


In News

Catch All Media Coverage Of This College

NIBM PGDM B F Admission 2023 25 Open Apply till March 20
New Delhi: National Institute of Bank Management (NIBM), Pune is inviting applications for admission to its PGDM in Banking and Financial Services (B&F) program for the academic session 2023-25. The last date to apply for online admission is March 20, 2023.  As per NIBM
IIM Admission 2023 Keeping a Check on the Waitlist Movement Trend Might Subdue your Anxiety Read How
Looking back on November, do you realise you should have revised more, or do you wonder what your parents would think about the final shortlist? Isn't it true that everything right now seems to be reminding you of the shortlist? The worst part is simply not knowing! And, to alleviate your morbid
TOEFL iBT and GRE during and after Covid-19
Challenges overcome by Educational Testing Service (TOEFL and GRE) during Covid 19 Students and institutions depend on the tests like TOEFL and GRE for studying abroad, jobs in foreign countries, and immigration. Due to the pandemic, the testing system had been adversely affected: the number of t

Contact details & location

Get contact details of National Institute of Bank Management - [NIBM]

NIBM Post Office, Kondhwe Khurd India - 411048
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Answered Questions

National Institute of Bank Management - [NIBM]: 19 answered questions

HR

Hina Rahman

09 Mar 23

When deciding where to pursue your MBA, it's important to consider the area of study you want to focus on. If you're interested in banking and finance, the PGDM program in Banking and Finance offered by NIBM would be an excellent option for you. NIBM is an esteemed institution established by the Reserve Bank of India, and it commands a great deal of respect in the finance industry.

For the PGDM 2022 Placement, the National Institute of Bank Management, Pune's students achieved an average package of Rs 11.41 LPA. If you're considering NIBM, it's helpful to know that the median package for PGDM 2022 Placement was INR 10.50 LPA.

In addition, for the top 10% of students at the National Institute of Bank Management, Pune in 2022, the average salary package was INR 15.40 LPA. For the top 25%, the average package was INR 14.62 LPA. For the top 50%, the average package was INR 13.35 LPA, and for the top 75%, the average package was INR 12.19 LPA.

Overall, NIBM is a great choice for those looking to pursue an MBA in banking and finance, and the institution's reputation in the industry is reflected in the strong salary packages its graduates receive.

...Show More

NP

Nivedita Paul

16 Mar 22

GLIM, GIM, FORE, and LIBA offer general MBAs. So, you can your preferred specialization during your second year. This will give you a lot of freedom in terms of choosing your industry and job profile. All of these are good options. FORE has a great industry interface. Located in Delhi/NCR, it also enjoys a locational advantage. 

Your preference order for these four B-School should be - FORE=GIM>GLIM>LIBA. 

NIBM is a sectoral B-School, so choose it only if you are interested in joining the banking sector. Though IIFM isn’t a sectoral B-School, it is only known for its finance specialization. It is also rated below FORE, GIM, GLIM, and LIBA. 

...Show More

AP

Anubhav Patil

04 Aug 22

If you are interested in Banking and Finance, NIBM is the obvious choice. It offers better future prospects, ROI, and exposure. Foreign Banks, Private Banks, NBFCs, Consulting Firms, etc. take part in NIBM Pune placement and offer niche job profiles. As per 2022 statistics, the average CTC for the institute is INR 10.50 LPA. 

NIBM boasts of an excellent faculty base. The course curriculum is regularly updated according to industry trends. 

...Show More

KS

Kathakali Sengupta

04 Nov 20

NIBM and PIBM are both considered among the best colleges for MBA. With the well-versed diversity and well-facilitated campus, both the colleges are in a league of its own.

Rankings:

  • PIBM is a good college with a NIRF 2020 ranking of 76-100 and ranked as 34 in Times 2020.

  • NIBM is one of the best colleges in India and is ranked above 100 by NIRF.

Courses:

PIBM:

  • PIBM offers a full-time PG Diploma in Management program (PGDM) and 2 different courses in MBA.

  • The course fee is about 8 Lakhs.

NIBM:

  • NIBM offers a full-time PG Diploma in Management program (PGDM) in Banking and finance.

  • The total fee for the course is about 7 Lakhs.

Admissions:

PIBM:

  • PIBM is AICTE approved and accepts the admission of graduates above 50% score and the 10th 12th score should also be above 50%.

  • Admission for the courses is done based on the score for CAT/CMAT/XAT/PMAT/MAT/ATMA.

  • The cutoff score of MAT is 94+ Percentile, cut off score of CMAT is 94+ percentile, and the cutoff score of CAT is 60 percentile.

NIBM:

  • NIBM is also AICTE approved and accepts the admission of graduates with above 50% score.

  • Admission for the courses is done based on the score for CAT/CMAT.

  • The final selection is done by the university based on the WAT and PI.

  • The cutoff score of MAT is 94+ Percentile, cut off score of CMAT is 94+ percentile, and the cut-off score of CAT is 80 percentile.

  • There is an availability of 120 seats for admission.

Placement:

NIBM:

  • NIBM Pune has a 100% placement record.

  • The highest salary offered was 14.5 LPA with an average salary of 9.44 LPA.

PIBM:

  • The highest salary package offered is 12 LPA.

  • About 80% of the students got placed before the pandemic situation, and for others, the process is still going on.

  • Companies like Deloitte, EClerx, Lake, Upgrade, Marico, Dabur, ITC, etc., visit the PIBM campus for placements.

Infrastructure:

NIBM:

  • NIBM has a self-contained campus with complete residential and educational facilities.

  • Labs and Wi-Fi facilities are available and maintained accordingly.

PIBM:

  • PIBM Pune provides all the necessary things, like a well-facilitated library and music room and well-maintained campus area.

  • Wi-Fi facility is available on the PIBM campus as well as in the hostel.

Both the institutes provide good opportunities regarding placements. There is a slight difference in the specialization of financial studies that are offered in NIBM which makes it considerably better than PIBM otherwise both are good choices for students.

...Show More

VG

Vishal Gupta

16 Aug 22

You should choose UBS Chandigarh. 

  • Over the last few years, the development of the institute has been excellent. 
  • UBS offers good exposure to Panjab and TriCity Industrial belt. 
  • UBS Chandigarh fees are only INR 57,500 for MBA. 
  • Companies like American Express, KPMG, MG Motors, Phone Pe, etc. visit UBS Chandigarh placements. The average CTC offered this year was INR 10.13 LPA. 

These factors make UBS a good option for an MBA. 

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IC

Ivy Chaterjee

04 Nov 20

Both NIBM and SIMS are considered the best colleges in Pune. NIBM received Asia’s Best Award at World HRD Congress 2018. Whereas, SIMS Pune is ranked 24 for MBA by TOI 2019.

Admissions:

SIMS:

It is an AICTE and NAAC approved college which accepts the admission of graduates above 50% score.

  • Admission for the courses is done based on the score of SNAP.

  • The rut off for Round 1 SNAP is 77 Percentile.

  • There is an availability of 120 seats for admission.

NIBM:

NIBM is an AICTE approved college that accepts the admission of graduates above a 50% score.

  • Admission for the courses is done based on the score for CAT/CMAT.

  • The final selection is done by the university based on the written ability test (WAT) and Personal Interview (PI).

  • The cutoff score of MAT is 94+ Percentile, cut off score of CMAT is 94+ percentile, and the cutoff score of CAT is 80 percentile.

  • There is an availability of 120 seats for admission.

Faculty:

SIMS:

  • Faculty members in SIMS focus on interactive learning. They use different methods to make classes more engaging and productive even when classes are conducted virtually.

  • It involves peer learning, and you get to learn about a lot of things covered in the course curriculum as well as in presentations, workshops seminars, etc.

NIBM:

  • The teachers are highly qualified and knowledgeable. Most of the faculty has a doctorate.

  • The faculty does not only focus on theory but it makes students industry-ready.

Placements:

SIMS:

  • Placements are offered in every field like finance, banking, marketing, etc.

  • The average salary package offered in SIMS is 8 LPA.

  • Major companies like Deloitte, Google, and Accenture have offered placements.

  • The training is provided by the placement cell well in advance for better opportunities.

  • The overall salary package here is between 6-13 LPA.

NIBM:

  • NIBM Pune has a 100% placement record.

  • They provide many internships and social development projects for students to avail of a better job opportunity.

  • The highest salary offered was 14.5 LPA with an average salary of 9.44 LPA.

Both SIMS and NIBM are the best and well diverse colleges. There is not much difference based on infrastructure or campus facilities. But there is a well-versed difference in opportunities due to the better ranking of SIMS, which makes it more preferable among students than NIBM. There is also a visible difference in placement records which makes SIMS a better choice than NIBM.

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AL

Adarsh Lambha

29 Oct 20

Goa Institute of Management, well known as GIM is ranked 48th under the Management category of NIRF 2020. On the other hand, the National Institute of Bank Management (NIBM) is among India's reputed business schools which have been ranked 88th in the 'Top B Schools of India' list. Even Among the top 100 B-Schools of India. Even Symbiosis Institute of International Business (SIIB), Pune is a AAA accredited business school placed at 10th position by The Week for Private MBA.

Admission Process:

GIM

  • Candidates must have 50% marks aggregate.
  • Final year candidates are also eligible to apply.
  • Candidates are shortlisted based on the CAT/XAT/CMAT entrance test score followed by Personal Interview and Achiever's round of scholarship.
  • The Basic fee structure for PGDM is INR 17-18 Lakhs.

NIBM:

  • Candidates are selected based on CAT, XAT(80%), CMAT(95%) scores, followed by writing tests and interviews.
  • The seat intake is around 120 seats.
  • The course fee for PGDM is 3.75LPA + 29K (Hostel Charges per annum).

SIIB:

  • The basic fee structure is16 LPA.
  • The selection is based on the SNAP entrance exam followed by GE/PI.
  • Candidates must have a minimum aggregate of 50% score.

Infrastructure:

  • GIM is well known for Learning Infrastructure, consisting of IT equipment and high-speed servers. Wide exposure to the central library and other resources and e-journals.Consists of Several Finance Labs and Data Mining Centre.
  • In NIBM the campus is centrally air-conditioned and has speed wi-fi service. Cultural festivals are conducted every year. Poses Auditorium, IT equipped laboratories and digital library. Girl's Residentials are fully furnished with strong security 24X 7.
  • SIIB has modern infrastructure, spacious classrooms, an auditorium, wifi feasibility, and lots more. Excellent Library access and e-journals.Well furnished hostels for girls/boys.Modernized gym, yoga, and aerobics room.

Placements:

Particulars

GIM

NIBM

SIIB:

Highest Package

INR 24.4LPA

18 LPA

INR 19.50 Lakhs.

Average Package

INR 11.4LPA.

INR 10 LPA

INR 10.60 Lakhs.

Placement Percent

100%

100%

100%

Top Recruiters

ABN AMRO,HDFC Life Insurance ,HP,Haier.

Axis Bank, Deloitte, Federal Bank, State Bank of India, HDFC Bank

HSBC Bank, IBM Global Service, IDBI trust, ICICI Lombard, etc 

The aforementioned are the basic highlights of the three colleges. NIBM is comparatively cheaper than the other two colleges, whereas, in terms of the package, GIM and SIIB receive higher package offers than NIBM. The choice is up to you.

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AS

Abhilasa Sen

04 Nov 20

With the well-versed diversity and well-facilitated campus, both the colleges are in a league of its own. There are very few management institutes that offer specialization in financial studies as a separate course. NIBM and KJ are placed in top among these few Institutes.

Ranking:

  • KJ is considered one of the best colleges in India with a 56 NIRF 2020 rank and 5th rank by the Times 2020.

  • NIBM is also one of the best in India and is ranked above 100 by NIRF.

Admission:

KJ:

  • Admission for the courses is done based on the score for CAT/CMAT/GMAT/XAT with a 50% graduation score.

  • The cutoff score of GMAT is 95+ percentile, cut off score of CMAT is 95+ percentile, and cut off score of CAT is 85 percentile.

NIBM:

  • Admission for the courses is done based on the score for CAT/CMAT.

  • NIBM Pune also accepts the MAT score. The cutoff score of MAT is 94+ percentile, cut off score of CMAT is 94+ percentile, cut off score of CAT is 80 percentile.

  • The final selection is done by the university based on the written ability test (WAT) and Personal Interview (PI).

Courses Offered:

NIBM:

  • NIBM offers a full-time PG Diploma in Management program (PGDM) in Banking and finance and one course in MBA.

  • The total fee for the MBA course is about 7 Lakhs.

KJ:

  • KJ offers a full-time PG Diploma in Management program (PGDM) in Banking along with finance and 12 different courses in MBA.

  • The course fee is about 15 Lakhs.

Placement:

NIBM:

  • NIBM Pune has a 100% placement record.

  • They provide many internships and social development projects for students to avail of a better job opportunity.

  • The highest salary offered was 14.5 LPA with an average salary of 9.44 LPA.

KJ:

  • KJ also has a 100% placement record.

  • The highest salary offered was 27 LPA with an average salary of 9.50 LPA.

The Faculty is considered better in KJ than in NIBM due to its better ranking. Also, the placement and internship opportunities are more in KJ than in NIBM. So, considering the statistics it can be said KJ is better than NIBM in a few aspects.

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PK

Poornima Kulkarni

29 Oct 20

National Institute of Bank Management (NIBM) is among India's reputed business schools ranking 88th in the 'Top B Schools of India' list. On the other hand, the Institute for Financial Management and Research (IFMR) is also one of the leading business schools which has been ranked 23 in the 'Top Management Colleges of South Zone' and 53rd under Management Category by NIRF.

The table given below shows a brief overview of both institutions:

Particulars

NIBM

IFMR

Ranking

88th

47

Fees

1.2 Lakhs

16.77 Lakhs

Highest Package

18.8 LPA

13.6 LPA 

Average Package

8.70 LPA

10.8LPA.

Placement Rate

100%

99%

Admission Procedure:

NIBM:

  • Candidates are selected based on CAT, XAT(80%), CMAT(95%) scores, followed by writing tests and interviews.
  • The seat intake is around 120 seats
  • The course fee for PGDM is 3.75LPA + 29K (Hostel Charges per annum).

IFMR:

  • Candidates should be from the full degree course and must have 60% marks aggregate in their 10+2 and Undergraduate.
  • Work Experience is not mandatory.
  • Candidates are shortlisted based on scores of CAT, XAT, CMAT, GRE, GMAT.
  • The basic fee for MBA in IFMR is in total 17Lakhs, including all living expenses.

Infrastructure :

NIBM:

  • The campus is centrally air-conditioned and speeds wi-fi service.
  • Cultural festivals are conducted every year.
  • Poses Auditorium, IT equipped laboratories and digital library.
  • Girl's Residentials are fully furnished with strong security 24X 7.

IFMR:

  • IFMR has lush green, environment-friendly, and Wi-Fi enabled campus.
  • It also has digitized AC classrooms.
  • The hostels are fully furnished with an attached bathroom and geyser.
  • Convenient Access to the library, hospitals, stores, etc.

Placements:

NIBM:

  • NIBM assures 100% placement.
  • The highest package calculated is around INR 18.8 LPA
  • INR 8.70 LPA is the estimated average package in NIBM.
  • Axis Bank, Deloitte, Federal Bank, State Bank of India, HDFC Bank are some of the prominent recruiters of NIBM.

IFMR:

  • IFMR ensures 99% placements for its students.
  • INR 13.6 LPA records to be the highest package.
  • The average package in IFMR is INR 10.8LPA.
  • Maximum students get placed under Finance, Marketing, Financial Engineering, HR, General Management, and Operations.

Both colleges are pretty good with decent placement percentages. In terms of package and fee structure, NIBM gets pretty good package offers and is relatively cheaper than IFMR.

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OC

Oishi Chaterjee

04 Nov 20

NIBM that is the National Institute of Banking and Management Pune is considered one of the best in the country and ‘The Best’ in the state. NIBM received Worldwide Achievers’ Award for a good performance at B-School in Banking and Finance. The criteria for admission at the institute are as follows.

Criteria for Admission:

For Admission, every individual has to follow the basic guidelines put forward by the university authorities.

  • NIBM is an AICTE approved college that accepts the admission of graduates above 50% score or equivalent CGPA by any MHRD recognized college or university.

  • Students are shortlisted for admission based on the score for CAT/CMAT/XAT.

  • After that, the shortlisted candidates have to give the Written Ability Test (WAT).

  • The final selection is done by the university after the written ability test (WAT) and Personal Interview (PI).

  • These selected students have to send an email to the University by sending RS 1 lakh for the confirmation of acceptance.

Cutoff:

The University provides its cutoff based on the exam and performance. This cutoff is not fixed, it changes every year. The average cutoff is as follows.

  • The Cutoff score of MAT is 94+ Percentile.

  • The Cutoff score of CMAT is 94+ percentile.

  • The Cutoff score of CAT is 80+ percentile.

There is an availability of a total of 120 seats for admission per year. The application fee is INR 1500. NIBM Pune selection centers for admission are at Bangalore, Delhi, Pune, Mumbai, Kolkata, Lucknow.

...Show More

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