Which one should I choose, IMT Nagpur (marketing) or BIMTECH (insurance business management)?

Choosing between these two colleges and courses IMT Nagpur's Marketing program or BIMTECH's Insurance Business Management program highly depends on your interests and your career aspirations. If you want your career in marketing and you see yourself working as a marketing professional you should choose IMT Nagpur and vice-versa.

I got a call letter from BIMTECH (IBM) and IFMR Chennai. Which is the better option?

The college you want to choose depends upon what are your future plans, if you are planning to do specialization in finance then IFMR Chennai would be a good option, as IFMR Chennai is famous for its finance courses and if you are planning to do specialization in foreign subjects like foreign strategy and foreign trades then you should go with BIMTECH (IBM).

Which is better at BIMTECH in terms of placements: insurance business management or retail?

Both PGDM-RM and PGDM-IBM are similar in terms of ROI and placement. Both the courses in Bimtech offer good career options. Even in 2020, which was a challenging year, the students of Insurance and Retail were offered some quality profiles by multiple prominent recruiters. Some of the companies are Infosys, TCS, Bajaj Allianz, SBI, Aditya Birla Group, Religare, and H&M. The recent 2022 placement stats: Domain PGDM-IB PGDM- RM Average CTC (2022) 8.95 lakhs 8.90 lakhs Average CTC (2021) 8.01 lakhs 7.95 lakhs

Which stream should my sister opt for in BIMTECH Noida for MBA international business or insurance?

She must first evaluate both courses based on her areas of interest. Both courses have advantages and disadvantages. The IBM (insurance) course has a lower fee structure than International Business. The job profiles available for the IBM course are insurance company oriented. In contrast, the job profiles for the IB course range from sales to marketing to finance and HR depending on your specialization. BIMTECH is well-known for its IBM training. The package on offer is also very good. This year's average would be around 6.5, with more than 90% of students placed. It is entirely dependent on your sister's area of interest. She can also look at the institute's website to see what kinds of faculties and subjects are available and then make an informed decision.

I am selected in bimtech for pgdm-ibm. Should I go for it?

You should go for BIMTECH IBM (Insurance Business Management) program. It is well-known across India and one of the very few colleges in India offering a course in Insurance. The faculty is highly experienced and the program has a 100% placement rate. You will be placed first among all others on the campus as the majority of the recruiters are Insurance Firms. The average salary package offered for PGDM IBM at BIMTECH lies between the range of 6-7 LPA. Go for it if you are looking forward to a career in the Insurance industry.

How good is bimtech for PGDM in IBM?

You should join the course at IBM without any second thoughts. Try to do a bit more research about the PGDM course that you want to pursue. 117 companies offered placement opportunities to the students enrolled in the PGDM course at IBM. The institute also has witnessed involvement from international recruiters like RAK Ceramics, Landmark (Home Centre), and a few more who offered job roles and opportunities across Sales, Marketing, Retail, and Operations. Placements at BIMTECH have been seeing an improvement in the domestic package offered by 12.50% with the highest package offered to be INR 18 Lakhs per annum and international packages by 15% with the highest package offered to be INR 23.00 Lakhs per annum. In BIMTECH, you will get a good ROI and will surely be recruited by a good company before the course gets over.

How is the insurance business management from the BIMTECH Noida?

The Insurance Business Management (IBM) from BIMTECH Noida is a very high-demand course, especially for those who want to build their career in the financial and the banking sector. It is one of the 4 full-time PGDM courses offered by the institute apart from an executive PGDM course. Talking about the institute, it has a rich legacy of 30 years of excellence in academics where the faculty are known to be really hardworking. They are very well qualified, many of them have lots of industrial exposure and they bring in their collective knowledge in the classroom studies. Some of the reasons why PGDM in Insurance Business Management from BIMTECH Noida will be beneficial for you are – There are various career paths one can take after doing this course. The students can work as a broker in banks, insurance companies or any financial institution for that matter. The institute is also very popular and is visited by many insurance and banking companies along with financial institutions. BIMTECH is also known for its collaborations with many international organizations, so there won’t be any dearth of opportunities here. You could also try yourself as a financial analyst after doing this course. This course will equip students with knowledge about financial markets, risk management along with the core banking and insurance subjects. Many of the graduates go on to work as consultants in the insurance and banking sector. Apart from that, with its rich academic and research-oriented pedagogy, the institute imparts the necessary skills and training to the students for becoming successful professionals. Thus, without a doubt, this is a very good course with a focused approach towards the sector. The institute, pedagogy, faculty, and facilities are all top-notch and it will help you propel your professional career.

BIMTECH PGDM IBM Insurance Business Management: Fees 2026, Course Duration, Dates, Eligibility

Fee Component	Amount (INR)
Tuition Fee (Merit Category)	13,00,000
Lodging - Hostel Rent (2 years, Mandatory)	3,27,600
Boarding - Mess Charges (2 years, Mandatory)	1,68,000
Medical Insurance	10,000 (2 years @ INR 5,000/year)
Additional Certification Fee (Non-refundable)	20,000
Refundable Security Deposit (General + Library)	50,000
Total Fees (Tuition + Mandatory Hostel/Mess + Other Charges)	18,75,600

BIMTECH PGDM-IBM Admission 2026

Admissions to the PGDM-IBM 2026-28 batch at BIMTECH are currently open, with the application deadline set for 5th April 2026. Unlike PGDM Core and PGDM-IB, the PGDM-IBM also accepts MAT scores in addition to CAT, XAT, GMAT, and CMAT. The selection process involves shortlisting based on entrance exam scores, followed by a Personal Interview (PI) and Extempore round. The academic session is expected to begin in June/July 2026.

BIMTECH PGDM-IBM Admission Dates

Event	Date
Application Portal Opens	August 2025 (ongoing)
Last Date to Apply	5th April 2026
Shortlisting and PI/Extempore Rounds	January - April 2026
Final Selection List Declaration	March 2026 onwards
Fee Submission (1st Instalment)	As per offer letter
Academic Session Commencement	June/July 2026

Entrance Exam Dates

Exam	Registration Period	Exam Date	Result Date
CAT 2025	Aug 1 - Sep 20, 2025	Nov 30, 2025	Dec 24, 2025
XAT 2026	Jul 10 - Dec 5, 2025	Jan 4, 2026	Jan 16, 2026
CMAT 2026	Oct 17 - Nov 24, 2025	Jan 25, 2026	Feb 13, 2026
MAT Feb 2026 (PBT)	Dec 25, 2025 onwards	Mar 1, 2026	Mar 14, 2026
MAT Feb 2026 (CBT)	Dec 25, 2025 onwards	Mar 8, 2026	Mar 18, 2026
GMAT	Rolling (valid scores 2024/2025-26 accepted)	-	-

Note: The minimum CAT/XAT percentile for shortlisting for PGDM-IBM is 60, CMAT percentile is 70 (150 score), and MAT percentile is 70. These are reference figures based on the 2025-27 batch and may vary.

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

Graduation with a minimum of 50% marks in aggregate (10+2+3 pattern) from a recognised university.
Candidates appearing in their final year graduation examination (1st attempt) in Summer 2026 may also apply provisionally; they must submit their final result with minimum 50% marks by 31st October 2026.
Valid score in CAT 2025 / XAT 2026 / GMAT (2024 or 2025-26) / CMAT 2026 / MAT 2025-26 is mandatory for Merit category seats.

Admission Process

Step 1: Fill and submit the online application form at the BIMTECH Admissions Portal with a non-refundable application fee of INR 2,250.
Step 2: Upload valid entrance exam score/percentile (CAT/XAT/GMAT/CMAT/MAT) on the student dashboard once results are declared.
Step 3: Shortlisted candidates are called for the Selection Process comprising Extempore and Personal Interview (PI), conducted online or offline at BIMTECH Greater Noida campus, Bangalore, Indore, Kolkata, and Lucknow.
Step 4: Final merit list is prepared based on entrance score (35%), PI and Extempore (30%), past academic performance (9%), engineering degree weightage (8%), work experience (8%), regional diversity (5%), and gender diversity for female candidates (5%).
Step 5: Admission offer is communicated via email, SMS, WhatsApp, and student dashboard. Selected candidates must pay the 1st instalment of fee within the deadline mentioned in the offer letter.

Scholarship Name	Eligibility	Amount (INR)
Late Basant Kumar Birla Admission Merit Scholarship	CAT/XAT percentile 95 and above (Merit category only)	3,00,000
Late Basant Kumar Birla Admission Merit Scholarship	CAT/XAT percentile 90 - 94.9	2,00,000
Late Basant Kumar Birla Admission Merit Scholarship	CAT/XAT percentile 85 - 89.9	1,00,000
Pujya Sh. G.D. Birla Academic Merit Scholarship	1st position (highest TGPA) in each term (Terms I-IV)	50,000 per term
Pujya Sh. G.D. Birla Academic Merit Scholarship	2nd position (second highest TGPA) in each term (Terms I-IV)	25,000 per term

Placement Metric	Statistics
Overall PGDM Placement Rate	98.04%
Highest Package (Domestic)	INR 22 LPA
Highest Package (International)	INR 24.43 LPA
Average Package	INR 10.74 LPA
Median Package	INR 10 LPA
Number of Recruiting Companies	100+
Key Recruiting Sectors	Insurance, Reinsurance, Bancassurance, Risk Management, BFSI

BIMTECH PGDM-IBM FAQs

Ques. What makes BIMTECH's PGDM-IBM unique compared to a general MBA or PGDM?

Ans. PGDM-IBM is one of India's most specialised post-graduate programmes in insurance and risk management. Unlike a general MBA, it offers deep domain knowledge across life insurance, non-life insurance, health insurance, reinsurance, actuarial science, insurtech, and enterprise risk management. It also comes with dual certifications from CII-UK and recognition from the Insurance Institute of India (III), which are globally valued credentials in the insurance industry.

Ques. Do I need a background in insurance or finance to apply for PGDM-IBM at BIMTECH?

Ans. No prior background in insurance is required. The programme is open to graduates from any discipline with a minimum of 50% marks. The curriculum is designed to build knowledge from the ground up, starting with foundational insurance concepts in the first year and progressing to advanced specialisations in the second year.

Ques. What is the CII-UK dual degree provision at BIMTECH PGDM-IBM?

Ans. BIMTECH has a tie-up with the Chartered Insurance Institute (CII-UK) under which students completing the PGDM-IBM programme are eligible for a Diploma in Insurance from CII-UK, provided they pass two mandatory CII-UK papers. This dual qualification is internationally recognised and significantly enhances career prospects in global insurance markets.

Ques. What types of companies recruit PGDM-IBM graduates from BIMTECH?

Ans. Recruiters include leading insurance companies (LIC, HDFC Life, ICICI Prudential, Bajaj Allianz, etc.), reinsurance firms (Swiss Re, Munich Re, GIC Re), insurance broking houses, bancassurance divisions of banks, risk management consultancies, and BFSI-focused IT companies. Swiss Re has a strategic campus connect tie-up with BIMTECH and recruits from the programme on a priority basis.

Ques. Is MAT score accepted for PGDM-IBM at BIMTECH? What is the minimum percentile?

Ans. Yes, MAT is accepted for PGDM-IBM (unlike PGDM Core and PGDM-IB). The minimum MAT percentile for shortlisting based on the 2025-27 batch was 70. However, these are reference figures and actual cutoffs may vary each year. Candidates with MAT scores should note that the final merit list also considers PI performance, academic record, and work experience.

Ques. What certifications can PGDM-IBM students earn during the programme?

Ans. Students can earn multiple certifications including: Diploma in Insurance from CII-UK (upon passing two mandatory papers), Associateship recognition from Insurance Institute of India (III) (upon passing two mandatory papers), CRMP certification from RIMS-USA, KPMG and IIBA certifications, and access to LOMA examination certifications. These add significant value to the student's professional profile in the insurance industry.

Why To Join BIMTECH - Reviews & Rating

4.5

(20 Verified Reviews)

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5(44%)

4(48%)

3(7%)

2(1%)

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Academic

3.8

Faculty

4.1

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4.0

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Review guru

5.0Helpful

PGDM IBM, Insurance Business Management

Reviewed on Dec 18, 2024(Enrolled 2024)

Worth to take admission in BIMTECH

Fees and Financial Aid:

The overall fees including hostel is 172400 and which including all the facilities and college is providing lots of scholarship opportunities and one company mercer is also providing the 2 lakh scholarship

RITIKA SRIVASTAVA

4.6Helpful

Reviewed on May 29, 2024(Enrolled 2023)

BIMTECH

Dislikes

for pgdm programs batch size is large as compared to other programs

Tuition fees are submitted in four installments. hikes sometimes takes place for new batches but not for the existing students who are moving to second year. Fees include 1100000 rupees as tuition fees for the whole two years and 4 lakh hostel and mess charges are taken. so total 15 lakh and 50k refundable security deposit taken . this of for PGDM-IBM but for PGDM courses this fees is 17 lakh currently. Many scholarships are provided to students based on their merit and economic conditions. I have secured internship through my college placements.

Jaspreet Kaur

4.9Helpful

Reviewed on Apr 12, 2024(Enrolled 2023)

Real review of BIMTECH

Student Snaps:

The fee structure includes tuition fees, which can vary based on the program. For insurance business management the total fees is 1500000 which includes mess and hostel charges also. Scholarships and financial assistance are often available to help offset the cost of tuition. These can be merit-based.

Pooja Saroha

4.1Helpful

Reviewed on Apr 10, 2024(Enrolled 2022)

Personal review

The tution fees of 2022-24 batch was Rs 10.5 lacs.And the hostel and mess fees was around 4 lacs.Every year overall 1 lacs fees increased.Every year scholarship is given to the topper and the person who ranked 2rd.

Tanu Bhardwaj

3.9Helpful

Decoding the facts about insurance business management

Yes scholarship was there basis on the entrance scores. And on the academic scholarship was also there merit based. The fee structure was divided into academic fee,alumni fees, library etc And hostel fees was apart from academic fees which included food and stay

Lakshya Sharma

4.5Helpful

BIMTECH - Home away from Home

My batch was 2022-24 and my fees was 10,00,000 rupees and hostel and mess charges were another 4,00,000 rupees, so a total of 14,00,000 rupees for the whole course. Meritorious student of each exam was given 50,000 rupees.

Nandini kushwaha

5.0

Reviewed on Apr 9, 2024(Enrolled 2023)

A holistic review of BIMTECH experience.

limited flexibility in course selection and elective options.

BIMTECH's fee structure may see periodic increases. scholarship and financial aid are available based on merit and need. campus employment opportunities offer stipends for various roles like research and teaching assistants.

Anonymous

All about BIMTECH

BIMTECH's fee structure includes tuition fees with periodic increases, scholarships based on merits and need, and campus employment opportunities offering stipends for various roles, enhancing accessibility to education.

Bimtech rocks

Likes

Engaging course curriculum that provided practical insights into management concepts. Vibrant campus life with various cultural events

BIMTECH likely has a tuition fee increase policy, with periodic hikes announced annually or biennially. The total cost of education includes tuition, service fees, and other compulsory charges are 11 lac. Scholarships and financial aid are available

NAMAN JOSHI

4.4Helpful

Reviewed on Jan 27, 2024(Enrolled 2023)

Pros, Cons, and Everything In Between: A Deep Dive into BIMTECH

The tuition fee is 1100000 and maybe this year the college is increasing the fee to 1300000 the tuition fee is good as the average of the college placements is between 11 to 12 lakh and I find the tuition fee is good for students who want to do MBA in 10 to 15 lakh with decent placements. the college provides merit-based scholarships and also cast or income-based scholarships. the topper of the trimester also gets 50000 each trimester. IBM holds the record of 100% internships and placements.

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