Questions Asked On NIBM, Pune

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.

Goa Institute of Management, well known as GIM is ranked 48th under the Management category of NIRF 2020. On the other hand, the National Institute of Bank Management (NIBM) is among India's reputed business schools which have been ranked 88th in the 'Top B Schools of India' list. Even Among the top 100 B-Schools of India. Even Symbiosis Institute of International Business (SIIB), Pune is a AAA accredited business school placed at 10th position by The Week for Private MBA.

Admission Process:

GIM

• Candidates must have 50% marks aggregate.
• Final year candidates are also eligible to apply.
• Candidates are shortlisted based on the CAT/XAT/CMAT entrance test score followed by Personal Interview and Achiever's round of scholarship.
• The Basic fee structure for PGDM is INR 17-18 Lakhs.

NIBM:

• Candidates are selected based on CAT, XAT(80%), CMAT(95%) scores, followed by writing tests and interviews.
• The seat intake is around 120 seats.
• The course fee for PGDM is 3.75LPA + 29K (Hostel Charges per annum).

SIIB:

• The basic fee structure is16 LPA.
• The selection is based on the SNAP entrance exam followed by GE/PI.
• Candidates must have a minimum aggregate of 50% score.

Infrastructure:

• GIM is well known for Learning Infrastructure, consisting of IT equipment and high-speed servers. Wide exposure to the central library and other resources and e-journals.Consists of Several Finance Labs and Data Mining Centre.
• In NIBM the campus is centrally air-conditioned and has speed 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 24X 7.
• SIIB has modern infrastructure, spacious classrooms, an auditorium, wifi feasibility, and lots more. Excellent Library access and e-journals.Well furnished hostels for girls/boys.Modernized gym, yoga, and aerobics room.

Placements:

The aforementioned are the basic highlights of the three colleges. NIBM is comparatively cheaper than the other two colleges, whereas, in terms of the package, GIM and SIIB receive higher package offers than NIBM. The choice is up to you.

National Institute of Bank Management (NIBM) is among India's reputed business schools ranking 88th in the 'Top B Schools of India' list. On the other hand, the Institute for Financial Management and Research (IFMR) is also one of the leading business schools which has been ranked 23 in the 'Top Management Colleges of South Zone' and 53rd under Management Category by NIRF.

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

Admission Procedure:

NIBM:

• Candidates are selected based on CAT, XAT(80%), CMAT(95%) scores, followed by writing tests and interviews.
• The seat intake is around 120 seats
• The course fee for PGDM is 3.75LPA + 29K (Hostel Charges per annum).

IFMR:

• Candidates should be from the full degree course and must have 60% marks aggregate in their 10+2 and Undergraduate.
• Work Experience is not mandatory.
• Candidates are shortlisted based on scores of CAT, XAT, CMAT, GRE, GMAT.
• The basic fee for MBA in IFMR is in total 17Lakhs, including all living expenses.

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 24X 7.

IFMR:

• IFMR has lush green, environment-friendly, and Wi-Fi enabled campus.
• It also has digitized AC classrooms.
• The hostels are fully furnished with an attached bathroom and geyser.
• Convenient Access to the library, hospitals, stores, etc.

Placements:

NIBM:

• NIBM assures 100% placement.
• The highest package calculated is around INR 18.8 LPA
• INR 8.70 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.

IFMR:

• IFMR ensures 99% placements for its students.
• INR 13.6 LPA records to be the highest package.
• The average package in IFMR is INR 10.8LPA.
• Maximum students get placed under Finance, Marketing, Financial Engineering, HR, General Management, and Operations.

Both colleges are pretty good with decent placement percentages. In terms of package and fee structure, NIBM gets pretty good package offers and is relatively cheaper than IFMR.

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:

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.

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.

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:

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.