Below is a table listing the important dates for admission to the PGDM courses offered by NIBM Pune.
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.
NIBM MBA Admission Criteria 2025
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 gain admission to NIBM Pune, candidates must meet the minimum score requirements in qualifying exams such as CAT, XAT, CMAT, GMAT, or GRE. The institute uses CAT as the benchmark for screening applicants.
Below are the NIBM Pune Cutoff 2024 scores for various categories:
| 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 All India Rank (AI Rank) for the CMAT exam accepted by NIBM Pune in 2024 is as follows:
| Category |
All India Rank (CMAT) |
| General |
1078 |
| NC-OBC |
6981 |
| SC |
10003 |
| ST |
18667 |
| PwD |
18667 |
| EWS |
6981 |
NIBM Pune Placements 2024
NIBM Pune achieved 100% placements during the 2024 placement drive, with an average salary package of INR 14.23 LPA. Over 40 recruiters participated in the drive. Notable recruiters included Bank of America, Airtel Payments Bank, Barclays, Cognizant, and Ernst & Young, among others.
| Particulars |
Placement Statistics 2024 |
| Batch Size |
130 |
| Total Recruiters |
40+ |
| Highest Package |
INR 26.51 LPA |
| Average Package |
INR 14.23 LPA |
| Top Financial Industry Segments |
Indian Private Banks |
| Top Recruiters |
HSBC Bank, IndusInd 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 26.51 LPA |
INR 14.23 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.
