About College
NIBM Pune, founded in 1969 by the Reserve Bank of India (RBI) in collaboration with the Government of India, is an autonomous apex institution specialising in research, training, and consultancy in Banking and Finance. In the NIRF Rankings 2024, NIBM Pune secured the 91st position in the Management category and 41st among top B-Schools in the Government category according to IIRF 2024. The institute offers a flagship 2-year PGDM program in BFSI with an intake capacity of 120 students.
NIBM Pune admissions are based on scores from exams like CAT, XAT, CMAT, GMAT, and GRE, followed by an Oral Communication Test and a Personal Interview. The CAT cutoff for PGDM admission is approximately 75 percentile. The total fee for the 2-year program at NIBM Pune is INR 16 lakhs, and the average package is INR 14.16 LPA. According to the NIBM Pune placement report for 2024, the institute achieved 100% placement, with the highest package reaching INR 26.50 LPA. Top recruiters included Bank of America, Airtel Payments Bank, Barclays, Cognizant, and Ernst & Young.
NIBM Pune at a Glance
- Institute Name: National Institute of Bank Management (NIBM) Pune
- Year of Establishment: 1969
- Institution Type: Government Autonomous
- Campus Size: Spread across 62 acres
- NIRF Ranking 2024: Ranked 91
- Total Faculty: 26 faculty members
- Courses Offered: Post Graduate Diploma Management - Banking and Financial Services (PGDM BFSI)
- PGDM Fees: INR 16 Lakhs for a duration of two years
- Intake Capacity: 120-130 Seats
- Admission Process: Entrance Exam followed by an Oral Communication Test and Personal Interview
- Exams Accepted: CAT, CMAT, XAT, GMAT, and GRE
- Total Scholarships: 1
- Highest Package in 2024: INR 26.50 LPA
- Top Recruiters: Bank of America, Airtel Payments Bank, Barclays, Cognizant, and Ernst & Young
NIBM Pune Important Dates 2024
Below is a table listing the important dates for admission to the PGDM courses offered by NIBM Pune.
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NIBM Pune, founded in 1969 by the Reserve Bank of India (RBI) in collaboration with the Government of India, is an autonomous apex institution specialising in research, training, and consultancy in Banking and Finance. In the NIRF Rankings 2024, NIBM Pune secured the 91st position in the Management category and 41st among top B-Schools in the Government category according to IIRF 2024. The institute offers a flagship 2-year PGDM program in BFSI with an intake capacity of 120 students.
NIBM Pune admissions are based on scores from exams like CAT, XAT, CMAT, GMAT, and GRE, followed by an Oral Communication Test and a Personal Interview. The CAT cutoff for PGDM admission is approximately 75 percentile. The total fee for the 2-year program at NIBM Pune is INR 16 lakhs, and the average package is INR 14.16 LPA. According to the NIBM Pune placement report for 2024, the institute achieved 100% placement, with the highest package reaching INR 26.50 LPA. Top recruiters included Bank of America, Airtel Payments Bank, Barclays, Cognizant, and Ernst & Young.
NIBM Pune at a Glance
- Institute Name: National Institute of Bank Management (NIBM) Pune
- Year of Establishment: 1969
- Institution Type: Government Autonomous
- Campus Size: Spread across 62 acres
- NIRF Ranking 2024: Ranked 91
- Total Faculty: 26 faculty members
- Courses Offered: Post Graduate Diploma Management - Banking and Financial Services (PGDM BFSI)
- PGDM Fees: INR 16 Lakhs for a duration of two years
- Intake Capacity: 120-130 Seats
- Admission Process: Entrance Exam followed by an Oral Communication Test and Personal Interview
- Exams Accepted: CAT, CMAT, XAT, GMAT, and GRE
- Total Scholarships: 1
- Highest Package in 2024: INR 26.50 LPA
- Top Recruiters: Bank of America, Airtel Payments Bank, Barclays, Cognizant, and Ernst & Young
NIBM Pune Important Dates 2024
Below is a table listing the important dates for admission to the PGDM courses offered by NIBM Pune.
| Exam | Dates |
|---|---|
| NIBM Pune Last Date to Apply | April 20, 2024 |
| Writing Ability Test / Oral Communication and Personal Interview | April 2024 |
| Declaration of Results | May 2024 |
| Online OC and PI for CMAT candidates | June 14, 15, 16, and 17, 2024 (Tentative) |
| Commencement of Classes | June / July, 2024 |
| Submission of Marksheet / Degree Certificate (for Students currently in the Final Year) | October 31, 2024 (Tentative) |
| Payment of the First Installment of Fees | Within 2 Weeks from the Date of the Offer of Admission |
Awards and Rankings
NIBM Pune holds a prestigious position among India's top institutes for banking and financial services, renowned as a leading B-school for management education. It secured the 91st rank in the Management category as per the NIRF Ranking 2024. Additionally, in 2024, it achieved the 41st position among top government B-Schools according to IIRF.
| Ranking Body | Year | Category | Rank |
|---|---|---|---|
| NIRF | 2024 | Management | 91 |
| IIRF | 2024 | Top Govt B-School | 41 |
NIBM Pune Courses, Admissions, Fees Structure
| Course Name | Eligibility Criteria | Course Fee (in INR) |
|---|---|---|
| PGDM Banking and Financial Services | Bachelor's Degree with a minimum of 50% aggregate or equivalent CGPA Candidates appearing for the final year of bachelor's degree or equivalent qualification are also eligible to apply Duration: 2 years Admission Criteria: CAT / XAT / CMAT / GMAT / GRE scores Intake: 120 - 130 |
Rs 16 lacs |
| Online Certificate Courses | Eligibility: Proof of Working in a Bank or Financial Institution Duration: To be completed within 6 Months |
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NIBM MBA Admission Criteria 2024
The MBA program at NIBM is approved by the AICTE (All India Council for Technical Education). NIBM offers MBA programs with specialisations in Banking and Financial Services. Admission to the NIBM MBA program is based on a combination of factors, including the scores obtained in prominent entrance exams such as CAT (Common Admission Test), XAT (Xavier Aptitude Test), CMAT (Common Management Admission Test), GMAT (Graduate Management Admission Test), and GRE (Graduate Record Examination). Additionally, candidates are required to undergo a writing test and a personal interview conducted by the institute as part of the selection process.
Admission Process Overview
- Registration: Interested candidates need to visit the NIBM website and complete the online PGDM application form.
- Screening Test: Applicants must have a valid score in any of the exams such as CAT, XAT, CMAT, GMAT, or GRE. They will undergo shortlisting based on their scores.
- Selection Process: Shortlisted candidates will be invited for an Oral Communication Test and a Personal Interview.
- Final Selection: The final merit list will consider scores from the Screening Tests, performance in the Oral Communication and Personal Interviews, academic background, participation in extracurricular activities, and work experience. Selected candidates will receive an offer letter.
NIBM Pune Cutoff 2024
To secure admission to NIBM Pune, candidates must achieve the minimum qualifying score in one of the designated examinations: CAT, XAT, CMAT, GMAT, or GRE. CAT serves as the primary benchmark for screening applicants, with scores from other mentioned exams being converted into their CAT equivalents.
The NIBM Pune CutOff 2024 for various categories is detailed in the table below:
| Category | CAT / XAT / GMAT Percentile |
|---|---|
| General | 84 |
| NC-OBC | 74 |
| SC | 69 |
| ST | 54 |
| PwD | 54 |
| EWS | 74 |
The CMAT exam ranks accepted by NIBM Pune for the year 2024 are outlined below:
| Category | AI Rank (CMAT) |
|---|---|
| General | 1078 |
| NC-OBC | 6981 |
| SC | 10003 |
| ST | 18667 |
| PwD | 18667 |
| EWS | 6981 |
NIBM Pune Placements 2024
During the 2024 placement drive, NIBM Pune achieved a placement rate of 96.15%. The average package offered stood at INR 14.16 LPA. Over 40 recruiters participated in the placement process, including renowned organisations such as Bank of America, Airtel Payments Bank, Barclays, Cognizant, and Ernst & Young.
| 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 |
NIBM Pune Previous Year Placements
The average package has shown steady growth year after year. Although the highest package saw a decline in 2022 compared to 2021, it has rebounded and increased in both 2023 and 2024. The placement statistics for NIBM Pune over the past five years are detailed 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 Scholarships
NIBM provides scholarships based on both merit and financial need. Given its affiliation with the RBI and partnership with SBI, in addition to scholarships, students can readily access student loans to support their education.
NIBM Pune Frequently Asked Questions (FAQs)
Q: What makes pursuing an NIBM MBA a compelling choice for prospective students?
A: NIBM MBA stands out for several reasons:
- Distinguished Governing Board
- Renowned Faculty
- Distinctive Curriculum
- Practical Application
- Emphasis on Analytical Aptitude
- Favorable Faculty-to-Student Ratio
Q: Does NIBM consider ATMA scores for admission to its MBA programs?
A: No, NIBM MBA programs exclusively accepts scores from CAT, XAT, CMAT, GMAT, and GRE for admission purposes. ATMA scores are not considered valid for NIBM MBA admissions.
Q: How can I apply for admission to NIBM's MBA programs?
A: You can submit your application for NIBM MBA programs through the official website (http://www.nibmindia.org). The institute has an intake capacity of 130 seats for its MBA programs, and admission is primarily based on entrance exam scores, along with a writing test and a personal interview conducted by the institute.
