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Which college is better for an MBA, GLIM, Chennai, or NIBM, Pune?

SD
Sumit Deswal Posted On : October 29th, 2020
PGDM-B&FS Banking and Finance, National Institute of Bank Management, Pune (2018)

NIRF ranked GLIM, Chennai as the 18th best management college in India. It is one of the finest Business Schools in the country.RBI established National Institute of Bank Management (NIBM) is among India's reputed business schools. NIBM has been ranked 88th in the 'Top B Schools of India' list popularly known for Finance and Banking.

The table given below shows a brief overview of both institutions:

Particulars

NIBM

GLIM

Rank

88

23

Fees

1.2Lakhs

17-19 Lakhs

Highest Package

18 LPA

18.30 LPA

Average Package

10 LPA

9.30 LPA

Admission Procedure:

NIBM:

  • The fee structure for the entire duration of 2 years is INR 12,00,000, involving hostel and mess charges.
  • The seat intake is around 120 seats.
  • CAT, XAT(80%), CMAT(95%) exams are accepted here.
  • Followed by writing tests and interviews.

GLIM :

  • Candidates must have a bachelor's degree in any branch.
  • Candidates in the final year of their course can also apply but only PGDM, not PGPM course.
  • CAT/XAT/CMAT/GMAT scores are accepted here.
  • Candidates are shortlisted on the CAT/XAT/CMAT/GMAT scores followed by personal interviews.
  • The basic fee structure for PGPM is INR 18-20 Lakhs and for PGDM is INR 17-19 Lakhs, including all living expenses.

Infrastructure :

  • NIBM campus is centrally air-conditioned and speeds wi-fi service. Cultural festivals are conducted every year. Posses Auditorium, IT equipped laboratories and digital library. Girl's Residentials are fully furnished with strong security 24X 7.
  • GLIM has good access to library and AV resources. Holds AC residential accommodations supported with other basic amenities like a mess, TV, security, store, etc. Wi-Fi enabled campus. Supported with other facilities like labs, cafeteria, gym, Hospital, sports complexes, etc.

Placements:

NIBM:

  • NIBM assures 100% placement.
  • The highest package calculated is around INR
  • INR is the estimated average package in NIBM.
  • Axis Bank, Deloitte, Federal Bank, State Bank of India, HDFC Bank are some of the prominent recruiters of NIBM.

GLIM:

  • The Highest CTC records to be 34.50 LPA and the Average CTC is INR 12.33 LPA in PGPM.
  • The Highest CTC records to be and the Average CTC is INR in PGDM.
  • 80-90% of GLIM students get placed. 
  • JP Morgan, RBS, Mc Kinsley, Indegene, IPAC, ICICI Prudential, etc. are the first time recruiters.

Both the B-School's package range is relatively the same. If you are interested in banking and finance, there is no better match than NIBM but if you are aspiring for something different then your choice may vary. It's totally based on the domain you are interested in.

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What is a better choice for PGDBM IRMA or NIBM?

AJ
Akanksha Jain Posted On : October 29th, 2020
PGDM Banking & Financial Services, National Institute of Bank Management, Pune (2019)

National Institute of Bank Management (NIBM) is among India's reputed business schools well known for Finance and Banking whereas the Institute of Rural Management Anand (IRMA) is a Premier Business School especially known for Rural Management. IRMA has bagged a NIRF Rank of 72 and NIBM has been ranked 88th in the top B-Schools list. It has been ranked 8th among top colleges of Hyderabad by The Week and Business Today.

The table given below shows a brief overview of both institutions:

Particulars

IRMA

NIBM

Rank

72

88

Fees

13 Lakhs

1.2Lakhs

Highest Package

52 LPA

18LPA

Average Package

10.80LPA

10LPA

Placement Percentage

100%

100%

Admission Process

NIBM:

  • The fee structure for the entire duration of 2 years is INR 12,00,000, involving hostel and mess charges.
  • The seat intake is around 120 seats.
  • Online Application Mode.
  • CAT,XAT(80%),CMAT(95%) exams are accepted here.
  • Followed by writing tests and interviews.

IRMA

  • Admissions in ISBR is based on the ISBR written performance, Group Discussions, and Interview. 
  • IRBM costs 4LPA for MBA/ PGDM.

Infrastructure

NIBM:

  • The campus is centrally air-conditioned and speeds wi-fi service.
  • Cultural festivals are conducted every year.
  • Poses Auditorium, IT equipped laboratories and digital library.
  • Girl's Residentials are fully furnished with strong security 24*7.

IRMA

  • The campus is equipped with state-of-the-art facilities like lecture halls, seminar rooms, a library, an auditorium,
  • Supports formal training and development center, hostels, a student activity center, faculty & staff housing, a dispensary, etc.

Placements

NIBM

  • NIBM assures 100% placement.
  • The highest package calculated is around INR 18 LPA
  • INR 10 LPA is the estimated average package in NIBM.
  • Axis Bank, Deloitte, Federal Bank, State Bank of India, HDFC Bank are some of the prominent recruiters of NIBM.

IRMA

  • IRMA's highest package records to be INR 13 LPA.
  • INR 5.9 LPA is estimated to be the average package.
  • The placement rate was measured to be 80%.

The placement range of both the institutes is pretty the same. With respect to Brand Value, IRMA has an edge over NIBM. But many people lack interest in Rural Management. Hence the choice is up to you and your area of interest.

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Which is the best college for an MBA in banking and finance, NIBM Pune or AIMS Pune?

SM
Shefali Madan Posted On : October 28th, 2020
PGDM-B&FS Banking and Finance, National Institute of Bank Management, Pune (2018)

National Institute of Bank Management, Pune is an autonomous institute established by RBI & banks and got recognition by AICTE, from 2013 onwards.

AIMS Institute of Management studies won two awards in 2019. Best innovative management institute in Pune by world education summit and Fast emerging institute for a management course in Pune by SDF international excellence.

Admissions:

NIBM

  • The college accepts students based on the CAT, XAT, and CMAT scores with 50% in the bachelor's degree.
  • The total fee for MBA in Banking and financial services is 10.23 lakhs.

AIMS

  • The college accepts students based on any CAT, MAT, CET, CMAT, AMMI, ATMA, and XAT score with 50% in graduation.
  • The total fee for MBA in Finance is 3.69 lakhs.

Faculty:

  • Faculties of both NIBM and AIMS are highly qualified and knowledgeable. 
  • Every faculty has a doctorate degree in their respective fields of both the college. 
  • Faculties provide excellent knowledge to the students, and they teach about the work culture of the corporate world.

Placements:

NIBM

  • The placement rate of 2020 is about 100% with the highest package of INR 22 LPA, the average package of INR 9.67 LPA, and the minimum package of INR 6 LPA.
  • College does provide internship opportunities and the highest stipend of summer internship 2020 was INR 56000.
  • Top recruiters for summer internship 2020 are Axis Bank, State Bank of India, Reserve Bank of India, Federal Bank, Induslnd Bank, Deloitte, Canara Bank, BAJAJ Finserv, HDFC Bank, IDBI Bank, etc.
  • Top recruiters of 2020 are Accenture, Aptivaa, Axis Bank Limited, Airtel Payments Bank, Bandhan Bank, HSBC, HDFC, IDBI Bank, Kotak Mahindra Bank, Cognizant, Deloitte, Fincare, Federal Bank, IDFC First Bank, KPMG, Surya, Wipro, etc.

AIMS

  • The placement rate of last year is about 100% with the highest package of INR 30 LPA and the average package of INR 6 LPA.
  • Top recruiters of 2019 are Aditya Birla Group, Bank of America, HCL, IBM, India Oil, Infosys, TCS, TATA Motors, Voltas, Wipro, V.I.P, Indiamart, Indiabulls, ICICI, L&T, CEAT, FIAT, Tech Mahindra, Future Group, etc.

Above are all the basic details to compare the college, choose as per your requirements. NIBM provides more opportunities for internship and placements whereas AIMS is more affordable.

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How is NIBM Pune for an MBA? Does it accept a MAT score and how much percentile?

RY
Rashi Yadav Posted On : November 4th, 2020
PGDM(B&FS) from National Institute of Bank Management , Pune (2019)

NIBM that is the National Institute of Banking and Management Pune is considered one of the best in the country and ‘The Best’ in the state. Due to great placement opportunities and well-maintained infrastructure, it is a preference for most students.

Achievements:

  • NIBM received Worldwide Achievers’ Award for a good performance at B-School in Banking and Finance.

  • NIBM received Asia’s Best Award at World HRD Congress 2018.

Courses:

NIBM provides courses based on industry requirements, and with modules like NPA Management, Business Analytics, IFRS.

  • NIBM offers a full-time PG Diploma in Management program (PGDM) in Banking and finance and one course in MBA.

  • The total fee for the MBA course per year is about 1.86 Lakhs.

Admission:

  • Admission for the courses is done based on the score for CAT/CMAT

  • The final selection is done by the university based on the written ability test (WAT) and Personal Interview (PI).

  • NIBM Pune also accepts the MAT score. The cutoff score of MAT is 94+ percentile.

  • Whereas, the cut-off score of CMAT is 94+ percentile, cut off score of CAT is 80 percentile.

Infrastructure:

  • NIBM has a self-contained campus with complete residential and educational facilities.

  • The classrooms are air-conditioned and well-equipped.

  • The library is well maintained satisfying all the requirements of the students.

  • The Labs and Wi-Fi facilities are available and maintained accordingly.

Faculty:

  • The teachers are highly qualified and knowledgeable. Most of the faculty has a doctorate.

  • The curriculum is relevant and advances for someone who wants to go into the banking sector. They provide a decent knowledge regarding banking and finance.

  • The faculty does not only focus on theory but it makes students industry-ready.

Placement:

  • NIBM Pune has a 100% placement record.

  • They provide many internships and social development projects for students to avail of a better job opportunity.

  • The highest salary offered was 14.5 LPA with an average salary of 9.44 LPA.

With the best-regulated syllabus and excellent faculty, it is one of the best choices for students in India to pursue an MBA.

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Which is better, NIBM or IIFM?

SP
Sanjeeta Patil Posted On : October 28th, 2020
Studied Post Graduate Diploma in Forestry Management, IIFM at Indian Institute of Forest Management, Bhopal

National Institute of Bank Management, Pune is an autonomous institute established by RBI & banks and got recognition by AICTE, from 2013 onwards. Indian Institute of Forest Management, Bhopal has been ranked 62nd in India by NIRF.

Admissions:

NIBM

  • The college accepts students based on the CAT, XAT, and CMAT scores with 50% in the bachelor's degree.
  • The total fee for MBA in Banking and Financial services is 10.23 lakhs.

IIFM

  • The college accepts students based on any CAT and XAT scores with 50% in the bachelor's degree.
  • The total fee for both Sustainable Management and Forest Management is 6.24 lakhs.

Placements:

NIBM

  • The placement rate of 2020 is about 100% with the highest package of INR 22 LPA, the average package of INR 9.67 LPA, and the minimum package of INR 6 LPA.
  • College does provide internship opportunities and the highest stipend of summer internship 2020 was Rs 56000.
  • Top recruiters of 2020 are Accenture, Aptivaa, Axis Bank Limited, Airtel Payments Bank, Bandhan Bank, HSBC, HDFC, IDBI Bank, Kotak Mahindra Bank, Cognizant, Deloitte, Fincare, Federal Bank, IDFC First Bank, KPMG, Surya, Wipro, etc.

IIFM

  • The placement rate of last year is about 100% with the highest package of INR 13.2 LPA and the average package of INR 7.5 LPA.
  • College does provide internship opportunities. Top recruiters for summer internship are Microfinance, Government organizations, and NGOs.
  • Around 23.33% of students were placed in government agencies last year.
  • Top recruiters of 2019 are UNDP, UNICEF, Annapurna, WWF, Kantar, EandY, KPMG, HSBC, Yes Bank, ACC Limited, Indiabulls, SABA, ICICI Bank, IDFC, Wipro, etc.

NIBM provides more opportunities for internships and placements in some big companies whereas IIFM has a large percentage of job opportunities in the government sector than NIBM and is more affordable. Choose accordingly as per your requirements.

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How is the placement in NIBM Pune? Is it ok to go for full-time PGDM in this institute?

UM
Ujwal Mahanto Posted On : October 28th, 2020
PGDM-B&FS Banking and Finance, National Institute of Bank Management, Pune (2018)

National Institute of Bank Management, Pune is an autonomous institute established by RBI & banks and got recognition by AICTE, from 2013 onwards. Placement in NIBM is about 100% with the highest package of INR 22 LPA.

Admissions:

  • The college accepts students based on the CAT, XAT, and CMAT scores with 50% in the bachelor's degree.
  • NIBM offers a PGDM course in Banking and Financial Services with an intake of 120 seats.
  • Total fee for MBA PGDM is 10.23 lakhs.

Cutoff:

  • CAT cutoff was 80% or above in the year 2019.
  • XAT cutoff was 94% or above in the year 2019.
  • CMAT cutoff was 94% or above in the year 2019.

Faculty:

  • Faculties are highly qualified and knowledgeable. Every faculty has a doctorate degree in their respective fields.
  • They provide excellent knowledge to the students, and they teach about the work culture of the corporate world.

Placements:

  • The placement rate of 2020 is about 100% with the highest package of INR 22 LPA, the average package of INR 9.67 LPA, and the minimum package of INR 6 LPA.
  • College does provide internship opportunities and the highest stipend of summer internship 2020 was Rs 56000.
  • Top recruiters for summer internship 2020 are Axis Bank, State Bank of India, Reserve Bank of India, Federal Bank, Induslnd Bank, Deloitte, Canara Bank, BAJAJ Finserv, HDFC Bank, IDBI Bank, etc.
  • Top recruiters of 2020 are Accenture, Aptivaa, Axis Bank Limited, Airtel Payments Bank, Bandhan Bank, HSBC, HDFC, IDBI Bank, Kotak Mahindra Bank, Cognizant, Deloitte, Fincare, Federal Bank, IDFC First Bank, KPMG, Surya, Wipro, etc.

Above are the basic details about NIBM, Pune. If you are into management in banking and finance then sure you can opt for this college. It provides a lot of opportunities for the student to get their internship and placements.

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How is NIBM Pune for an MBA PGDM, and what are its placement records?

VV
Vikram Vatsal Posted On : October 28th, 2020
PGDM Banking and Finance, National Institute of Bank Management, Pune (2021)

National Institute of Bank Management, Pune is an autonomous institute established by RBI & banks and got recognition by AICTE, from 2013 onwards.

Admissions:

  • The college accepts students based on the CAT, XAT, and CMAT scores with 50% in the bachelor's degree.
  • NIBM offers a PGDM course in Banking and Financial Services with an intake of 120 seats.
  • The total fee for MBA PGDM is 10.23 lakhs.

Cutoff:

  • CAT cutoff was 80% or above in the year 2019.
  • XAT cutoff was 94% or above in the year 2019.
  • CMAT cutoff was 94% or above in the year 2019.

Infrastructure:

  • The college has 60 acres campus consists of 3 large and 3 small lecture halls, one multipurpose hall, library, 2 sports grounds, mess, and auditorium.
  • The college has a fully Wi-Fi enabled campus and has an on-campus doctor available 24 hrs.
  • The college has a library that has a unique collection of books and journals related to banking and finance services.

Faculty:

  • Faculties are highly qualified and knowledgeable. Every faculty has a doctorate degree in their respective fields.
  • The course curriculum is very relevant for getting into the banking sector. It provides deep knowledge of both banking and finance.

Placements:

  • The placement rate of 2020 is about 100% with the highest package of INR 22 LPA, the average package of INR 9.67 LPA, and the minimum package of INR 6 LPA.
  • College does provide internship opportunities and the highest stipend of summer internship 2020 was Rs 56000
  • Top recruiters of 2020 are Accenture, Aptivaa, Axis Bank Limited, Airtel Payments Bank, Bandhan Bank, HSBC, HDFC, IDBI Bank, Kotak Mahindra Bank, Cognizant, Deloitte, Fincare, Federal Bank, IDFC First Bank, KPMG, Surya, Wipro, etc.

NIBM is good for management in banking and finance and it provides a lot of opportunities for internship and placements.

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What is the cut off for NIBM through CAT?

SR
Sritama Ray Posted On : December 14th, 2021
Studied at Indian Institute of Mass Communication, New Delhi (2019)

CAT cutoff for NIBM Pune was 73 percentile last year. This year, it is expected that the institute cutoff will be around 80 percentile. 

Exams Cut Off 2021
CAT Cut Off 80 percentile and above
XAT Cut Off 94 percentile and above
CMAT Cut Off 94 percentile and above

Apart from CAT, NIBM also accepts CMAT and XAT scores, the cutoff percentiles are around 94 percentile for both.

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Who are some of the famous alumni of NIBM Pune?

BS
Bithika Saha Posted On : January 5th, 2022
PG Diploma from NIBM, Pune (2019)

Here are some of the notable NIBM Pune alumni.

  • Ms. Neha Shukla (PGPBF 2007-08) - Senior Vice President HSBC
  • Ms. Neha Goel (PGPBF 2005-2006) - Executive Vice President at Yes Bank
  • Mr. Himanshu Jain (PGDM 2016-2018) - Operations Incharge at HDFC Ltd.
  • Ms. Ariba Iqbal (PGDM 2013-2015) - Manager (Financial Services) at Protiviti 
  • Mr. Abhijeet Joshi (PGDM 2013-2015) - Assitant Vice President at Barclays 
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