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Which college is better: NIBM, Pune or PIBM, Pune?

Posted On - Nov 4, 2020
Asked byNikhil Kankaria
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2 Answers
RT
Answered by Posted On - Jul 15, 2023
Raktim Tarafdar

Both NIBM Pune and PIBM Pune are excellent schools offering premium education in the field of education. The choice depends on personal preferences. For instance, f you are looking for a Banking and finance specialization, then go for NIMB without any second thoughts. 

If you aren't sure of your specialization yet, then PIBM will be the best for you. This is because NIMB has a high cutoff so the chances of getting admission are lower than PIMB. Also, PIMB offers a better ROI than NIMB. Consider the table below

Particulars

NIBM Pune

PIBM Pune

Total fees

INR 1,600,000

INR 795,000

Average packages

INR 15.22 LPA

INR 7.1 LPA

PIBM is a great choice for both MBA and PGDM courses. 

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KS
Answered by Posted On - Nov 4, 2020
Kathakali Sengupta

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.

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