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