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Table of Content
National Institute of Bank Management, Pune, Maharashtra Highlights
Establishment and Background
NIBM Pune was established in 1969 by the Reserve Bank of India (RBI) in consultation with the Government of India. It is an autonomous apex institution dedicated to research, training, and consultancy in Banking and Finance. With a legacy spanning over 50 years, NIBM holds a distinguished place in the education sector, particularly in the Banking and Financial Services industry.
About NIBM:
| Category | Details |
| Establishment Year | 1969 |
| Founder | Reserve Bank of India (RBI) |
| Institution Type | Government Autonomous |
| Campus Location | Pune, Maharashtra |
| Campus Size | 62 acres |
| NIRF Ranking 2023 | 76th in the Management Category |
| IIRF Ranking 2024 | 41st in Top B-Schools (Government category) |
| Total Faculty | 26 Faculty |
| Intake Capacity | 120 -130 Seats |
| Admission Process | Entrance Exam + OCT/PI |
| Exam Accepted | CAT, CMAT, XAT, GMAT and GRE |
| Total Scholarship | 1 |
| Top Recruiters | America, Airtel Payments Bank, Barclays, Cognizant, and Ernst & Young |
Academic Programs
| Program | Details |
| Courses Offered | Postgraduate Diploma Management - Banking and Financial Services (PGDM BFSI), Certificate Programs |
| Intake Capacity | 120-130 Seats |
| Admission Criteria | Entrance Exams (CAT, XAT, CMAT, GMAT, GRE) + Oral Communication Test (OCT) + Personal Interview (PI) |
| CAT Cutoff for PGDM | 94 Percentile |
| Fees | INR 16 Lakhs for 2 years |
| Scholarships | 1 Scholarship available |
Campus and Faculty
Campus Location and Infrastructure
The institute is located in Pune, Maharashtra, and is spread across a 62-acre campus equipped with modern infrastructure to cater to the needs of its students.
Faculty
NIBM boasts a group of 26 experienced and professional faculty members who provide quality education and guidance to students.
Placement and Career Prospects
| Category | Details |
| Placement Rate (2024) | 100% |
| Average Package | INR 14.16 LPA |
| Highest Package | INR 26.50 LPA |
| Top Recruiters | Bank of America, Airtel Payments Bank, Barclays, Cognizant, Ernst & Young |
| Student Testimonial | Strong brand image in Banking and Finance, Excellent ROI, Legacy of over 50 years |
Student Testimonials
According to Arpit Chauhan, a student from the 2023-25 batch, NIBM's unique selling points (USP) include its strong brand image in the Banking and Finance industry, its long-standing legacy, and its excellent Return on Investment (ROI) due to the relatively low fee structure and competitive average placements.
NIBM Pune Important Dates 2025
| Event | Tentative Dates |
| Last Date to Apply | April 20, 2025 |
| Writing Ability Test / Oral Communication Test and Personal Interview | April 2025 |
| Declaration of Results | May 2025 |
| Online OCT and PI for CMAT Candidates | June 14-17, 2025 |
| Commencement of Classes | June/July 2025 |
| Submission of Marksheet/Degree Certificate (for Final Year Students) | October 31, 2025 |
| Payment of the First Installment of Fees | Within 2 Weeks from the Date of the Offer of Admission |
National Institute of Bank Management, Pune, Maharashtra Popular Courses
Average Fees
₹16,00,000
Highest Package
-
Admission 2025
View BrochureNational Institute of Bank Management, Pune, Maharashtra Admission
The National Institute of Bank Management (NIBM) Pune is a premier institution established in 1969 by the Reserve Bank of India (RBI) in consultation with the Government of India. It is renowned for its PGDM program in Banking and Financial Services (BFSI), which is approved by AICTE. NIBM has been ranked 76th in the NIRF 2023 Rankings and 41st among top B-Schools in the Government category by IIRF 2024.
Programs Offered:
PGDM (BFSI): 2 years
- Intake Capacity: 120-130 seats
- Fees: INR 16,00,000 (for 2 years)
- Eligibility: Bachelor’s Degree with at least 50% aggregate marks.
- Accepted Entrance Exams: CAT, XAT, CMAT, GMAT, GRE
Certificate Programs:
- Duration: 6 months
- Fees: INR 2,00,000
- Eligibility: Undergraduate Degree with 50% aggregate marks.
Admission Process:
For PGDM Program:
- Eligibility: Bachelor’s degree in any discipline with at least 50% aggregate marks or equivalent CGPA.
- Final year students can apply but must submit a certificate at the time of WAT and PI.
- A valid score in CAT/XAT/CMAT/GMAT/GRE is required.
- Selection Process:
- Shortlisting based on entrance exam scores.
- Candidates are called for a Written Ability Test (WAT) and Personal Interview (PI) at designated centers.
- Selected candidates are required to confirm their admission by paying INR 1,00,000 towards the program.
Important Dates:
| Events | Tentative Dates |
| Last Date to Apply | April 20, 2025 |
| Writing Ability Test/Oral Communication and Personal Interview | April 2025 |
| Declaration of Results | May 2025 |
| CMAT Cut-off Release | June 13, 2025 |
| Online OC and PI for CMAT Candidates | June 14-17, 2025 |
| Commencement of Classes | June/July 2025 |
| Submission of Marksheet/Degree Certificate (Final Year Students) | October 31, 2025 |
Selection Centers:
- Bengaluru
- Delhi
- Kolkata
- Lucknow
- Mumbai
- Pune
Cutoff for PGDM:
| 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 |
Application Process:
- Visit the official website and navigate to the PGDM Admission section.
- Create a new account or log in to an existing one.
- Fill out the application form with the required details.
- Upload scanned images of documents (photographs, signature, admit card/score card, category certificate if applicable).
- Pay the application fee and submit the form.
Documents Required:
- Passport size photograph
- Admit Card or Score Card of qualifying exam (CAT/XAT/CMAT/GMAT/GRE)
- Category Certificate (If Applicable)
National Institute of Bank Management, Pune, Maharashtra Cutoff 2024
Cutoff Percentiles for 2024
| Exam | General | NC-OBC | EWS | SC | ST | PWD |
| CAT | 94 | 84 | 84 | 79 | 74 | 74 |
| CMAT | 98.5 | 88 | 88 | 83 | 79 | 79 |
| XAT/GMAT | 94 | 84 | 84 | 79 | 74 | 74 |
Previous Year Cutoff Percentiles
| Exam | 2020 | 2021 | 2022 | 2023 |
| CAT | 50 | 50 | 50 | |
| CMAT | - | - | 85 |
Important Dates for NIBM Pune MBA/PGDM 2024
| Event | Date |
| CAT 2024 Registration | August 1, 2024 - September 13, 2024 |
| CAT 2024 Exam Date | November 24, 2024 |
| CAT 2024 Result Announcement | December 2024 (Tentative) |
| Application Deadline for PGDM | April 20, 2025 |
| WAT/OCT & PI for PGDM | April 2025 |
| CMAT Cutoff Release | June 13, 2025 |
| Online OC and PI for CMAT Candidates | June 14-17, 2025 |
| Commencement of Classes | June/July 2025 |
| Submission of Final Mark Sheet/Degree Certificate | October 31, 2025 |
National Institute of Bank Management, Pune, Maharashtra Placements
| Particulars | 2024 | 2023 |
| Highest Package | INR 26.51 LPA | INR 23.50 LPA |
| Average Package | INR 14.16 LPA | INR 15.22 LPA |
| Average Package of Top 10% | INR 23.26 LPA | INR 22.44 LPA |
| Average Package of Top 25% | INR 19.26 LPA | INR 21.09 LPA |
| Average Package of Top 50% | INR 17.06 LPA | INR 18.25 LPA |
| Average Package of Top 75% | INR 15.58 LPA | INR 16.87 LPA |
| Batch Size | 130 | 120 |
| Placement Percentage | 100% | 100% |
| Number of Pre-placement Offers | 16 | 35 |
| Number of Recruiters | 50+ | 25 |
Placement Statistics
| Year | Highest Package | Average Package | Average Package of Top 10% | Average Package of Top 25% | Average Package of Top 50% | Average Package of Top 75% |
| 2024 | INR 26.50 LPA | INR 14.16 LPA | INR 23.26 LPA | INR 19.26 LPA | INR 17.06 LPA | INR 15.58 LPA |
| 2023 | INR 23.50 LPA | INR 15.22 LPA | INR 22.44 LPA | INR 21.09 LPA | INR 18.25 LPA | INR 16.87 LPA |
| 2022 | INR 15.78 LPA | INR 11.41 LPA | INR 20.63 LPA | INR 16.97 LPA | INR 15.82 LPA | INR 13.50 LPA |
| 2021 | INR 22.00 LPA | INR 10.03 LPA | INR 19.80 LPA | INR 16.75 LPA | INR 15.60 LPA | INR 14.20 LPA |
Placement Industry-wise (2024)
| Industry | Percentage |
| Indian Private Banks | 41% |
| Foreign Banks | 20% |
| NBFCs | - |
| IT & Consulting | - |
| FinTechs | - |
| Payment Banks | - |
| Small Finance Banks | - |
Job Roles Offered (2024)
| Job Role | |
| Credit Strategy | Internal Audit |
| Analytics & Modelling | Banking Operations |
| Management Consultant | Tech Consultant |
| Product Management | Manager |
| Business Risk Consulting | Consultant |
| Governance, Risk & Compliance | Management Trainee |
| Corporate & Investment Banking | Audit/Compliance |
| Credit Analyst | Finance Management |
| Business Analyst | Risk Consulting & Banking Operations |
| Finance & Accounts | Financial Risk Manager |
| Fixed Income Equity Trader | Techno Consultant |
| Market Risk Analyst | Deputy/Assistant Manager |
Top Recruiters (2024)
| Top Recruiters | |
| Airtel Payments Bank | HDFC Bank |
| Accenture | HSBC Bank |
| Bandhan Bank | ICICI Bank |
| Axis Bank | IDBI Bank |
| BNY Mellon | IndusInd Bank |
| Bank of America | Kotak Mahindra Bank |
| Barclays | KPMG GRCS |
| Cognizant | PwC India |
| Ernst & Young | Federal Bank |
Summer Internship Placements 2025
| Particulars | Stats/ Stipend |
| Highest Stipend | INR 2.40 Lakhs |
| Average Stipend | INR 42 K |
| Average Stipend of Top 10% | INR 1.45 Lakhs |
| Average Stipend of Top 25% | INR 1.02 Lakhs |
| Average Stipend of Top 50% | INR 78 K |
| Average Stipend of Top 75% | INR 58 K |
Summer Internship Top Recruiters 2025
| Top Recruiters | |
| SBI | Indian Bank |
| UBFC | HDFC Bank |
| Union Bank | Federal Bank |
| TATA Capital | Cognext |
| Punjab National Bank | Canara Bank |
| Nat West | BNY Mellon |
| Infosys | Bank of America |
| IDBI Bank | |
Alumni Network
| Organization | Number of Alumni |
| Axis Bank | 95 |
| HDFC Bank | 93 |
| Indian Bank | 50 |
| HSBC | 49 |
| EY | 40 |
| Punjab National Bank | 39 |
| Canara Bank | 36 |
| IDBI Bank | 33 |
| ICICI Bank | 30 |
| Yes Bank | 29 |
| NIBM | 26 |
| AU Small Finance Bank | 26 |
| KPMG India | 25 |
| Tata Capital | 21 |
| IndusInd Bank | 20 |
Students’ Reviews:
- Placement Opportunities: Good with domain-specific expertise.
- Historical Performance: 100% placements even during the pandemic.
- Placement Support: Equal opportunities provided; the placement committee ensures good companies and banks are involved.
- Average Package: INR 7 Lakhs with high ROI.
Top Recruiters
View All Recruiters Details
National Institute of Bank Management, Pune, Maharashtra Ranking
NIRF Rankings
- MBA/PGDM
- 2024: Ranked #91 out of 125 in India; 2nd in Pune
- 2023: Ranked #76 out of 125 in India; 2nd in Pune
IIRF Rankings
- MBA
- 2024: Ranked #41 out of 46 in India; 6th in Maharashtra
The Times of India Rankings
- Overall
- 2019: Ranked #87 out of 100 in India; 13th in Pune
- MBA
- 2019: Ranked #72 out of 75 in India
NIBM Pune Ranking Highlights
- NIRF Ranking Comparison:
- 2024: #91
- 2023: #76
- Comparison with Peers (NIRF 2023):
- IFMR Chennai: #74
- NIT Calicut: #75
- BIT Mesra: #77
- BBAU Lucknow: #78
National Institute of Bank Management, Pune, Maharashtra MBA / PGDM Rankings
| Publisher | Year | Ranking |
|---|---|---|
| nirf | 2024 | 91 / 100 |
| nirf | 2023 | 76 / 100 |
National Institute of Bank Management, Pune, Maharashtra Scholarships
Merit-Cum-Means Based Scholarship
To support meritorious students from economically disadvantaged backgrounds, the National Institute of Bank Management provides scholarships based on both merit and financial need.
National Institute of Bank Management, Pune, Maharashtra Infrastructure Details
Infrastructure/Facilities
Boys Hostel
Girls Hostel
Medical Facility
Library Facility
Cafeteria
Computer Lab
Laboratory
Gymnasium
Sports Facilities
Auditorium
National Institute of Bank Management, Pune, Maharashtra Faculty Details
Here is the list of the main faculty , NIBM has PhD and PG diploma :
| Faculty Name | Faculty Photo |
|---|---|
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Ms Aditi N Kakade Position : Adjunct Faculty Speciality : Finance Education : MCOM |
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Dr Alka Vaidya Position : Associate Professor Speciality : Information Technology Education : M.C.M., PhD (Pune Univ.) |
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Prof Anjan Roy Position : Professor and Dean (Research & Consultancy) Speciality : Strategic Planning in Banks, Banking Operations Management, Mergers & Acquisitions, and Systemic and Strategic Risks Education : B.Tech. (ISM, Dhanbad), FPM (MDI, Gurgaon) |
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Dr Arindam Bandyopadhyay Position : Professor and Dean (Academic Programme); Principal, PGDM (B&FS) Speciality : Finance ,Credit Risk ,Corporate Financing Pattern Education : M.Sc. (Economics), Calcutta University; M.Phil & Ph.D (School of International Studies - JNU); JRF & SRF (UGC) |
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Dr Deepankar Roy Position : Associate Professor Speciality : Information Technology Education : B.E. (Pune Univ), M.Tech. (IIT Dhanbad), PhD (Pune Univ) |
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Dr Dipali Krishnakumar Position : Associate Professor Speciality : Finance ,Accounting ,IFRS Education : CA, MBA, PhD |
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Dr Elizabeth James Position : Assistant Professor Speciality : M.COM. (Financial Management), PhD Education : Corporate Finance ,Credit Analysis and Management ,Financial Planning and Wealth Management |
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Dr G Nagaraju Position : Associate Professor Speciality : Money International Banking and Finance Education : M.A. (Economics), M.Phil., PhD(Osmania Univ.) |
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National Institute of Bank Management, Pune, Maharashtra Alumni Details
NIBM’s alumni network really showcases the strength of its industry ties and the quality of its education. Graduates have landed impressive roles at top organizations like Yes Bank, PwC, and Paytm Payments Bank, highlighting how well the institute prepares its students for meaningful career growth. Recent updates about graduates joining major banks and financial institutions reinforce NIBM’s reputation for excellence and its dedication to student success. This impressive record of alumni accomplishments clearly reflects the value and impact of an NIBM education.
| Alumni Name | Alumni Photo |
|---|---|
|
V Satyanarayan R NA |
V |
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Aakanksha G na |
A |
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Ebin George Z NA |
E |
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Manasvini I NA |
M |
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Tanuj D NA |
T |
Frequently Asked Questions
What is the average placement package at NIBM?
The average placement package at NIBM for the 2024 batch is approximately INR 12.5 LPA. The package varies depending on the role, company, and individual performance during the placement process.
What kind of companies visit NIBM for placements?
NIBM attracts a diverse range of recruiters primarily from the banking, financial services, and consulting sectors. Top companies include HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, State Bank of India, Deloitte, EY, KPMG, and other leading fin
Are there opportunities for international placements at NIBM?
While the majority of placements are within India, there are occasional opportunities for international placements, especially with global banks and consulting firms. However, these opportunities depend on the year and the recruiters' specific requirement
What kind of roles are offered during placements at NIBM?
NIBM students are offered a variety of roles, including Credit Analyst, Risk Manager, Investment Banking Analyst, Relationship Manager, Wealth Manager, and other specialized roles in banking operations, finance, and consulting.
How does NIBM support students during the placement process?
NIBM provides extensive support through its Career Development and Placement Cell. This includes workshops, resume-building sessions, mock interviews, and networking opportunities with industry professionals to ensure students are well-prepared for the pl
What is the cut-off percentile for CAT to get into NIBM?
The expected cut-off percentile for CAT at NIBM is around 80 overall, with sectional cut-offs of approximately 70 in Verbal Ability, Data Interpretation, and Quantitative Ability.
Does NIBM have a fixed cut-off for all entrance exams?
NIBM does not have a fixed cut-off as it varies each year based on the applicant pool. However, typical cut-offs for exams like XAT, CMAT, and GMAT are around 75 percentile, 90 percentile, and 600+, respectively.
Is there any relaxation in cut-offs for reserved category students?
Yes, NIBM may offer some relaxation in cut-offs for reserved category students (SC/ST/OBC) as per the institute’s admission policies and government regulations. However, the exact relaxation details are subject to change yearly.
How important is work experience in meeting the cut-off criteria?
Work experience is not mandatory for admission but is considered an added advantage during the selection process. Candidates with relevant work experience may have an edge, especially during the GD and PI rounds, though it does not directly impact the cut
What happens if I meet the cut-off but have low scores in GD and PI?
Meeting the cut-off is just one part of the admission process. If a candidate meets the cut-off but performs poorly in the GD and PI rounds, it may significantly impact their chances of final selection. NIBM evaluates candidates holistically, and strong p
Does NIBM Pune accept MAT scores?
No, NIBM Pune only accepts scores from CAT, XAT, GMAT, GRE, and CMAT for selection.
Is NIBM Pune a good choice?
Yes, NIBM Pune offers a strong PGDM program in Banking and Financial Services with good placement opportunities. Top recruiters include Axis Bank, KPMG, HDFC Bank, ICICI Bank, and Accenture.
How can I join NIBM Pune?
To join NIBM Pune, you need a Bachelor's Degree with at least 50% marks and a valid score in CAT, XAT, CMAT, GMAT, or GRE.
How should I prepare for the WAT and PI?
For WAT (Written Ability Test), focus on current issues and general topics. For PI (Personal Interview), be ready to discuss your graduation, general knowledge about banking and finance, and your interests. Make sure you know your resume well, stay update
What is the total cost per year for PGDM 2024-26 batch students?
Per year the students are supposed to pay 800000 INR
What is the alumni fee for both year combined at NIBM?
A total of 12000 (twelve thousand) rupees are spent as alumni fee in the two years
What is the breakdown of the semester fees?
A student pays the academic, hostel, and alumni fees per semester.
Are the security and mess fee refundable?
Yes, the Security Deposit of Rs. 12,000/- and the Mess Deposit Rs. 8,000/ is refundable
Are the fees for each term the same.
No, a student pays a sum of 248000 rupees during their 2nd, 3rd, 5th, and 6th semester whereas they pay 324000 during their 1st semester and 304000 during their 4th.
What documents are required for the application?
The application requires copies of important documents like recent passport-size photographs or any formal photograph of the candidate, academic transcripts, 10th and 12th mark sheets, transfer certificate, and migration certificate. Candidates are urged
When will the list of selected candidates be released?
NIBM Pune releases the shortlisted candidates list once the Written Ability Test and Personal Interview stages are completed. The release of this list will be published on the official website of the university. Candidates are urged to check the website f
How can I confirm my admission if selected?
Shortlisted candidates would be notified by the university through email or the online applicant portal. They can confirm their admission by paying the fees of the course to finalize their admission process.
What is the application fee for NIBM Pune?
The application fee details are provided on the NIBM Pune application portal. Make sure to check the official website for the most current fee information and payment instructions.
What is the duration of the PGDM program at NIBM Pune?
The Post Graduate Diploma in Management (PGDM) program at National Institute of Bank Management, Pune is for two years.
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Contact Details
National Institute of Bank ManagementNIBM Post Office, Kondhwa KhurdPune 411048, INDIA
09XXXXXX00
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