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Questions Asked On NIBM, Pune

NIBM Pune or Tapmi Manipal. Which would be a better choice?

HR
Hina Rahman Posted On : March 9th, 2023
Studied at NIBM Pune

When deciding where to pursue your MBA, it's important to consider the area of study you want to focus on. If you're interested in banking and finance, the PGDM program in Banking and Finance offered by NIBM would be an excellent option for you. NIBM is an esteemed institution established by the Reserve Bank of India, and it commands a great deal of respect in the finance industry.

For the PGDM 2022 Placement, the National Institute of Bank Management, Pune's students achieved an average package of Rs 11.41 LPA. If you're considering NIBM, it's helpful to know that the median package for PGDM 2022 Placement was INR 10.50 LPA.

In addition, for the top 10% of students at the National Institute of Bank Management, Pune in 2022, the average salary package was INR 15.40 LPA. For the top 25%, the average package was INR 14.62 LPA. For the top 50%, the average package was INR 13.35 LPA, and for the top 75%, the average package was INR 12.19 LPA.

Overall, NIBM is a great choice for those looking to pursue an MBA in banking and finance, and the institution's reputation in the industry is reflected in the strong salary packages its graduates receive.

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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? 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 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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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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Which one should I choose for PGDM between GLIM, GIM, FORE, LIBA, NIBM, IFMR and IIFM, Bhopal? And why? I already have calls from GLIM, GIM, FORE and accepting calls from others also.

NP
Nivedita Paul Posted On : March 16th, 2022
lives in New Delhi

GLIM, GIM, FORE, and LIBA offer general MBAs. So, you can your preferred specialization during your second year. This will give you a lot of freedom in terms of choosing your industry and job profile. All of these are good options. FORE has a great industry interface. Located in Delhi/NCR, it also enjoys a locational advantage. 

Your preference order for these four B-School should be - FORE=GIM>GLIM>LIBA. 

NIBM is a sectoral B-School, so choose it only if you are interested in joining the banking sector. Though IIFM isn’t a sectoral B-School, it is only known for its finance specialization. It is also rated below FORE, GIM, GLIM, and LIBA. 

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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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Where do I take admission among Welingkar, Pumba, and NIBM?

AP
Anubhav Patil Posted On : August 4th, 2022
M.M.S from Welingkar Institute of Management Development and Research

If you are interested in Banking and Finance, NIBM is the obvious choice. It offers better future prospects, ROI, and exposure. Foreign Banks, Private Banks, NBFCs, Consulting Firms, etc. take part in NIBM Pune placement and offer niche job profiles. As per 2022 statistics, the average CTC for the institute is INR 10.50 LPA. 

NIBM boasts of an excellent faculty base. The course curriculum is regularly updated according to industry trends. 

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Which college is better: NIBM, Pune or PIBM, Pune?

RT
Raktim Tarafdar Posted On : July 15th, 2023

Both NIBM Pune and PIBM Pune are excellent schools offering premium education in the field of education. The choice depends on personal preferences. For instance, f you are looking for a Banking and finance specialization, then go for NIMB without any second thoughts. 

If you aren't sure of your specialization yet, then PIBM will be the best for you. This is because NIMB has a high cutoff so the chances of getting admission are lower than PIMB. Also, PIMB offers a better ROI than NIMB. Consider the table below

Particulars

NIBM Pune

PIBM Pune

Total fees

INR 1,600,000

INR 795,000

Average packages

INR 15.22 LPA

INR 7.1 LPA

PIBM is a great choice for both MBA and PGDM courses. 

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Which college should I choose for an MBA between NIBM Pune, UBS Chandigarh or BHU?

VG
Vishal Gupta Posted On : August 16th, 2022
Lived in Panjab University, Chandigarh

You should choose UBS Chandigarh. 

  • Over the last few years, the development of the institute has been excellent. 
  • UBS offers good exposure to Panjab and TriCity Industrial belt. 
  • UBS Chandigarh fees are only INR 57,500 for MBA. 
  • Companies like American Express, KPMG, MG Motors, Phone Pe, etc. visit UBS Chandigarh placements. The average CTC offered this year was INR 10.13 LPA. 

These factors make UBS a good option for an MBA. 

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