NIBM Pune Placements for the year 2023 have achieved remarkable results, with the highest package reaching INR 23.50 LPA and an impressive average package of INR 15.22 LPA. It's worth noting that CAT 2023 registration is scheduled to commence on August 2, 2023, with the exam itself set for November 26, 2023. It's important to be aware that the CAT 2023 registration fee has undergone revisions across all categories. For general category applicants, the fee has been increased to ₹2,400, up from ₹2,300 in the previous year. Meanwhile, for SC, ST, and PwD candidates, the fee has been adjusted to ₹1,200 from last year's ₹1,150.
The National Institute of Bank Management (NIBM) in Pune was established in 1969 under the aegis of the Reserve Bank of India as an autonomous apex institution dedicated to research, training, and consultancy in banking and finance. NIBM holds the prestigious accreditation of a 'scientific and Industrial Research Organisation' bestowed by the Ministry of Science and Technology, Government of India. Additionally, NIBM actively engages in research activities, including policy and operational research, as well as the training and education of senior executives from the banking sector.
NIBM Pune offers a comprehensive two-year full-time residential PGDM Program specialising in Banking and Financial Services, which holds approval from the AICTE (All India Council for Technical Education). This program is thoughtfully designed to align with industry demands and includes specialised modules covering areas such as IFRS, NPA Management, and Business Analytics. Admissions to NIBM are granted based on merit scores obtained in prominent entrance exams like CAT, XAT, CMAT, GMAT, and GRE. The selection process further entails a Writing Ability Test, Oral Communication Test, and Interview. It's noteworthy that NIBM takes pride in being the pioneer in India to introduce a two-year specialisation program in Banking & Finance.
At present, NIBM extends its of
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NIBM Pune Placements for the year 2023 have achieved remarkable results, with the highest package reaching INR 23.50 LPA and an impressive average package of INR 15.22 LPA. It's worth noting that CAT 2023 registration is scheduled to commence on August 2, 2023, with the exam itself set for November 26, 2023. It's important to be aware that the CAT 2023 registration fee has undergone revisions across all categories. For general category applicants, the fee has been increased to ₹2,400, up from ₹2,300 in the previous year. Meanwhile, for SC, ST, and PwD candidates, the fee has been adjusted to ₹1,200 from last year's ₹1,150.
The National Institute of Bank Management (NIBM) in Pune was established in 1969 under the aegis of the Reserve Bank of India as an autonomous apex institution dedicated to research, training, and consultancy in banking and finance. NIBM holds the prestigious accreditation of a 'scientific and Industrial Research Organisation' bestowed by the Ministry of Science and Technology, Government of India. Additionally, NIBM actively engages in research activities, including policy and operational research, as well as the training and education of senior executives from the banking sector.
NIBM Pune offers a comprehensive two-year full-time residential PGDM Program specialising in Banking and Financial Services, which holds approval from the AICTE (All India Council for Technical Education). This program is thoughtfully designed to align with industry demands and includes specialised modules covering areas such as IFRS, NPA Management, and Business Analytics. Admissions to NIBM are granted based on merit scores obtained in prominent entrance exams like CAT, XAT, CMAT, GMAT, and GRE. The selection process further entails a Writing Ability Test, Oral Communication Test, and Interview. It's noteworthy that NIBM takes pride in being the pioneer in India to introduce a two-year specialisation program in Banking & Finance.
At present, NIBM extends its offerings to encompass seven online programs, encompassing areas like Credit Management, Risk Management, Treasury Management, Accounts and Audit, Retail Credit Management, Credit Management for Small Finance Banks, and Banking Operations Management for Payment Banks.
NIBM Pune has consistently maintained a 100% placement record since its inception. The recent NIBM placement season for 2021-23 witnessed the participation of prominent recruiters such as Axis Bank, ICICI Bank, Wipro, Accenture, ICRA, HDFC Bank, Catholic Syrian Bank, HSBC Bank, and many others. The institute has also established valuable collaborations with institutions like the National Insurance Academy (NIA), National Institute of Securities Markets (NISM), Chartered Market Technician (CMT) Association, and the Chartered Financial Analyst (CFA) Institute.
NIBM Pune Important Dates
| Events |
Dates |
| CAT 2023 Registration Starts |
August 02, 2023 |
| CAT 2023 Registration Ends |
September 13, 2023 |
| CAT 2023 Admit Card Release |
October 25, 2023 |
| CAT 2023 Exam Date |
November 26, 2023 |
| Last date to apply |
March 20, 2024 (Tentative) |
| Writing Ability Test/Oral Communication and Personal Interview |
April 2024 (Tentative) |
| Declaration of Results |
May 2024 (Tentative) |
| Correction Window Opens to Update CMAT scores |
June 01 – 03, 2024 (Tentative) |
| CMAT Cut-off Release |
June 08, 2024 (Tentative) |
| Online OC and PI for CMAT candidates |
June 14, 15, 16, and 17, 2024 (Tentative) |
| Commencement of Classes |
June/July, 2024 (Tentative) |
Submission of mark sheet/degree certificate :
for students currently in the final year |
October 31, 2024 (Tentative) |
| Payment of First Installment of Fees |
Within 2 weeks from date of offer of admission |
Key Highlights
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The institute is actively involved in conducting research related to policy and operational aspects, provides training and education to senior executives in the banking sector, and offers consulting services to the banking and financial industry.
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NIBM Pune's PGDM (B&FS) Program has received the prestigious Platinum Award for 'Smart Governance.'
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The highest package offered during the NIBM Pune placement season in 2023 reached INR 23.50 LPA.
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NIBM training programs attract a diverse participant base, with over 3200 individuals attending annually, including around 250 participants from various developing nations.
Awards and Rankings
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NIBM Pune holds the 76th position in the Management category according to NIRF 2023 rankings.
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ABP News recognised NIBM with the Education Leadership Award in the 2019-20 academic year.
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The institute also earned a Platinum Award for its 'smart governance' practices within the PGDM (B&FS) Program.
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NIBM has been accredited with the Worldwide Achievers' Award for its outstanding contributions as a B-School specialising in Banking and Finance.
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Additionally, it has been honored with the Asia's Best Leadership Award at the World HRD Congress and received an award for exceptional governance practices.
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: 130 |
Rs 16 lacs |
NIBM MBA Admission Criteria
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.
NIBM Pune Cutoff 2023
| National level qualifying Exam |
Cutoff 2023 |
| CMAT |
93 percentile |
| XAT |
94 percentile |
| CAT |
80% |
Below are the weightages allocated for the final selection process.
| National level qualifying Exam |
Weightage |
| CAT/XAT/CMAT/GMAT/GRE Scores |
35% |
| Academic qualifications |
25% |
| WAT/OC & PI |
35% |
| Extracurricular activities, sports, etc |
5% |
| Total |
100% |
NIBM Pune Placements 2023
NIBM Pune has successfully concluded its placement drive for the PGDM batch of 2021-23. Out of a total of 122 students in the PGDM Batch 2021-23, an impressive 112 students have secured placements, reaffirming the institute's 100% placement record. The campus witnessed the participation of esteemed recruiters including Accenture, Deloitte, Axis Bank, Cognizant, EY, HDFC Bank, Genpact, HSBC, and more. Here are the key highlights of this successful placement drive:
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100% of the batch received placement offers.
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The highest salary package reached an outstanding figure of INR 23.50 LPA.
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An excellent average salary of INR 15.22 LPA was offered to the students.
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The top 10% of the batch achieved an average salary of INR 22.44 LPA.
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The top 25% of the batch secured an average salary of INR 21.09 LPA.
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The top 50% of the batch received an average salary of INR 18.25 LPA.
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The top 75% of the batch attained an average salary of INR 16.87 LPA.
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The median salary package stood at a competitive INR 15 LPA.
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A total of 25 recruiters actively participated in the placement drive.
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Additionally, the placement drive included the offering of 35 pre-placement offers, further enhancing the career prospects of the students.
NIBM Pune Summer Internship Placements 2023
Following the completion of three terms in the first year of their program, all students are required to undertake an eight-week summer internship in an organisation.
Impressively, a total of 37 students secured summer internship offers during this period. The average stipend offered for these internships stood at INR 27,200 per month, with the highest stipend reaching INR 1.2 Lakh per month. Notable recruiters for these summer internships included prestigious organisations such as HDFC Bank, PwC, EY, Indian Bank, Union Bank, Edelweiss, Punjab National Bank, and many others. Remarkably, the participating batch achieved a remarkable 100% placement record.
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.
