NIBM Pune, or the National Institute of Bank Management Pune, is a premier management institute in India that provides specialized education and training in banking and finance. The institute was established in 1969 by the Reserve Bank of India as an autonomous body in collaboration with the Government of India.

NIBM Pune offers various postgraduate programs in management, with its flagship program being the Post Graduate Diploma in Management (Banking and Financial Services) or PGDM (B&FS) program. This two-year, full-time residential program is designed to provide students with a comprehensive understanding of the banking and financial sector and the necessary managerial and leadership skills to excel in the industry.

The PGDM (B&FS) program at NIBM Pune is highly regarded in the industry and is recognized by the All India Council for Technical Education (AICTE). The program is designed to be rigorous and industry-oriented, with a curriculum that is constantly updated to reflect the changing needs of the banking and financial sector. Students in the program are exposed to various courses and activities, including classroom lectures, case studies, guest lectures by industry experts, internships, and projects.

Overview of The Batch of 2021-2023

The PGDM (B&FS) program at NIBM Pune attracts students from diverse academic backgrounds, such as commerce, economics, engineering, and management. These students come from all over India and even from other countries. The batch usually has a good mix of fresh graduates and experienced professionals looking to enhance their banking and financial sector skills.

The gender ratio at NIBM Pune has improved over the years, and the institute has taken various initiatives to encourage more female students to apply. While the exact ratio may vary yearly, the institute strives to maintain a healthy balance between male and female students.

As for age, the average age of students in the PGDM (B&FS) program at NIBM Pune is around 23.

The diversity of the batch at NIBM Pune is one of its strengths, as it exposes students to a wide range of perspectives and experiences. This diversity helps create a dynamic learning environment that prepares students for the diverse challenges they will likely face in the banking and financial sector.

Placements 2023

The placement season at NIBM Pune for 2023 has concluded, with all students securing employment. The impressive placement statistics include 35 pre-placement offers (PPOs) being extended to students, with the highest package offered to be INR 23.50 LPA and the average package standing at INR 15.22 LPA. Most offers came from the banking sector, accounting for 52% of all placements. A total of 23 recruiters participated in the placement process, with notable names including Bank of America, Airtel Payments Bank, Barclays, Cognizant, and Ernst & Young, among others.

Placement Process at NIBM Pune 

Here is the placement process at NIBM Pune in pointers:

  1. Companies conduct pre-placement talks (PPTs) to inform students about their organization and job roles.
  2. Students submit their resumes to the placement cell and apply for the companies they are interested in.
  3. Companies shortlist candidates based on their resumes and academic performance.
  4. Shortlisted students participate in the selection process, which may include aptitude tests, group discussions, and personal interviews.
  5. Companies may make pre-placement offers (PPOs) to students who have completed their summer internships with them.
  6. Students who do not receive PPOs participate in the campus placement process.
  7. Companies make job offers to students based on their performance in the selection process.
  8. Students who receive job offers accept or reject them based on their preferences.
  9. The placement cell facilitates the process of job offer acceptance and helps students with any queries or concerns they may have.

The 2023 placement season at NIBM Pune saw the majority of offers coming from the banking sector, accounting for 52% of all placements. The remaining offers were divided between the consultancy and non-banking financial companies (NBFCs) sectors, with 28% and 20% of offers, respectively.



Placement Batch Details 2023

Number of recruiters


Number of new recruiters

Batch strength


Number of PPOs


Highest salary

INR 23.50 LPA

Average salary

INR 15.22 LPA

Top 10% average salary

INR 22.44 LPA

Top 25% average salary

INR 21.09 LPA

Top 50% average salary

INR 18.25 LPA

Top 75% average salary

INR 16.87 LPA

Median salary


Major sectors

Banking, Consultancy & NBFC

Top recruiters

Airtel Payments Bank, Bank of America, Barclays, CSB Bank, Cholamandalam Investment and Finance Company, Cognext, Cognizant, EY, Edelweiss, Fincare Small Finance Bank, Fullerton India, Godrej Capital, HDFC Bank, HSBC, Kotak Mahindra Bank, NatWest Group, Poonawalla Housing Finance, Protiviti, PwC, SBM Bank India, SHARE Microfin Limited, Shivalik Bank, Tata Capital, Wells Fargo Bank, Yes Bank


The PGDM (B&FS) program at NIBM Pune is an excellent choice for students who wish to pursue a career in the banking and financial sector and are looking for a program that provides them with the necessary skills and knowledge to excel in the industry.


Admissions are open for PGDM (B&FS) for the batch of 2023-25. The last date for submitting online application forms at NIBM is April 20, 2023. Click here to apply.

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