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NIBM Pune: Ranking, Course, Fees, Admission & Placements
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Apply NowEstablished in 1969, the National Institute of Bank Management, Pune (NIBM Pune), was founded by the Reserve Bank of India in collaboration with the Indian government and is a distinguished institution dedicated to research, training, education, and consultancy in the field of bank management. Its core mission is to serve as a proactive thought leader for the banking sector.
NIBM Pune, recognized by AICTE and ranked 76th by NIRF 2023 in the management category, offers the flagship course PGDM (Banking & Financial Services). This program, originally known as PGPBF, was renamed in 2013 following AICTE accreditation. NIBM's sprawling 60-acre self-contained campus provides a conducive learning environment. NIBM Pune admission to the PGDM program requires a minimum of 50% marks in a Bachelor's degree, irrespective of the discipline. The fee structure for the PGDM program at NIBM Pune is INR 12,00,000, which includes accommodation.
For the batch of 2023, NIBM Pune achieved a 100% placement rate, with the highest package reaching 23.5 LPA, and the average package offered standing at an impressive 15.22 LPA. Notable recruiters included Barclays, Chola, Godrej, Kotak Mahindra Bank, Fullerton India, Edelweiss, CSB Bank, EY, HDFC Bank, HSBC, Poonawalla, Cognext, among others.
NIBM Pune Highlights
Particulars |
Details |
Establishment type |
Autonomous |
NIRF Ranking 2023 |
76 (Management Category) |
Accreditation |
AICTE |
Average CTC |
INR 15.22 LPA |
Flagship Courses |
PGDM |
Entrance Exam |
CAT, XAT, GMAT, CMAT |
Top Recruiters |
Barclays, Chola, Godrej, Kotak Mahindra Bank, Fullerton India, Edelweiss, CSB Bank, EY, HDFC Bank, HSBC, Poonawalla, Cognext |
NIBM Pune PGDM Admission 2024
NIBM Pune PGDM admission in Banking and Financial Services requires:
Eligibility Criteria:
A minimum of 50% or equivalent in Bachelor’s from a recognised University
Marks scored in any of the Entrance exams - CAT/XAT/CMAT/GMAT/GRE
Admission Selection Criteria-
- Evaluation based on Screening Process, Personal Interview, and Writing Ability Test (WAT).
- Academic performance, extracurricular activities, and work experience are considered.
Writing Ability Test (WAT) and Personal Interview (PI)-
- WAT or Oral Communication Test (OCT) if WAT isn't feasible.
- OCT involves speaking on a given topic, assessed by the interview panel.
- Panel evaluates extracurricular involvement and work experience.
Academic Performance Assessment- Average marks in SSC and HSC examinations taken into account.
Weights for different parameters:
Parameter |
Weight (%) |
CAT/XAT/CMAT/GMAT/GRE Scores |
35 |
Academic performance |
25 |
WAT/OCT |
10 |
PI |
25 |
Extracurricular activities, sports, Work Experience, etc. |
5 |
The answer keys for CAT 2024 are now available on the official website. Candidates have the opportunity to raise challenges to the answer key until December 08, 2023.
Events |
Dates |
CAT 2023 Admit Card Download |
October 25, 2023 |
CAT 2023 Exam Date |
November 26, 2023 |
CAT 2023 Result |
Second Week of January |
Students are recommended to download their admit cards for the upcoming XAT 2024 examination starting from December 20, 2023.
Exam Stage |
Date |
Application Form Release Date |
July 15, 2023 |
Last Date to Submit Application Form |
November 30, 2023 |
Admit Card Release Date |
December 20, 2023 |
XAT Exam Date |
January 7, 2024 |
Shortlist for Interview |
3rd week of January |
Interviews |
From Mid-February to Mid-March |
Offers and Waitlist |
April 2024 |
Beginning of Academic Session |
Mid-June 2024 |
NIBM Pune PGDM Placements 2024
The 2023 placement season at NIBM Pune successfully concluded with a remarkable 100% placement rate. The campus attracted top-tier companies, including Airtel, Bank of America, Barclays, Cognizant, EY, HSBC, Fullerton India, FinCare, Godrej, and PWC, among others. Notably, the highest package offered reached an impressive 23.5 LPA, while the average package stood at a commendable 15.22 LPA. The campus hosted visits from over 25 prominent recruiters, resulting in 35 Pre Placement Offers (PPOs). Graduates secured positions in diverse sectors such as Banking, Consultancy, and Non-Banking Financial Companies (NBFCs).
Particulars |
Details |
Highest CTC |
23.5 LPA |
Average CTC |
15.22 LPA |
Top Recruiters |
Airtel, EY, HSBC, Barclays, PWC |
Frequently Asked Questions (FAQs)
What is the NIRF ranking of NIBM Pune in 2023?
NIBM Pune is ranked 76th in the Management category by NIRF 2023.
What are the flagship courses offered by NIBM Pune?
NIBM Pune offers a 2-year full-time residential flagship PGDM Program in the field of Banking and Financial Services approved by the AICTE. Based on industry requirements, this course is offered with modules on IFRS, NPA Management, and Business Analytics.
What is the fee structure for NIBM Pune?
The fee structure for the 2-year PGDM course at NIBM Pune is INR 12,00,000 inclusive of Hostel, Mess, Library, and all other expenses. NIBM also offers scholarships for both years around INR 1,50,000.
What are the selection criteria for admission to NIBM Pune?
Admission to NIBM Pune occurs through merit scored in entrance exams of CAT/ XAT / CMAT / GMAT / GRE followed by a Writing Ability Test / Oral Communication Test and Interview.
What is the placement report for NIBM Pune in 2023?
During NIBM placement 2021-23, recruiters visiting the campus included companies like Axis Bank, ICICI Bank, Wipro, Accenture, ICRA, HDFC Bank, Catholic Syrian Bank, HSBC Bank, and many more. The highest package offered was INR 23.50 LPA while the average package stood at INR 15.22 LPA.
What is the highest package offered during NIBM Pune placement 2023?
The highest package offered during NIBM Pune placement 2023 was INR 23.50 LPA.
What is the average package offered during NIBM Pune placement 2023?
The average package offered during NIBM Pune placement 2023 was INR 15.22 LPA.
How many seats are available for the PGDM course at NIBM Pune?
NIBM Pune has a total intake of 120 seats for its PGDM course.
What is the eligibility criteria for admission to the PGDM course at NIBM Pune?
The minimum eligibility criteria for online application is that the candidate should have completed their graduation with 50% scores.
Which sectors recruited students during NIBM Pune placement 2023?
During NIBM Pune placement 2023, the highest number of offers came from the Banking sector (52%) followed by Consulting (18%) and IT/ITES (16%) sectors.
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