Siva Sivani Institute of Management Hyderabad PGDM Banking, Financial services & Insurance Management: Fees 2026, Course Duration, Dates, Eligibility

Secunderabad, TelanganaEstd 1992NAAC Grade
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Collegedunia Team

Content Curator | Updated on - Mar 31, 2026

The Post Graduate Diploma in Management [PGDM] in Banking, Financial Services and Insurance Management (BIFS) at Siva Sivani Institute of Management (SSIM), Secunderabad, is a 2-year full-time, on-campus programme specifically designed to equip management graduates with comprehensive knowledge of the BFSI sector. The programme is AICTE-approved and accredited by NAAC, NBA, AACSB (member), AIU, and SAQS, with a sanctioned intake of 60 seats and 120 credits. The total programme fee is Rs. 8,40,000 for two years. The BFSI sector is one of the largest employers in India, and this programme prepares students for careers in retail banking, digital banking, insurance, capital markets, fintech, and financial analytics. SSIM is ranked 21st among private standalone B-Schools in India (Outlook 2025) and 2nd in Telangana, making the PGDM BIFS a strong choice for students targeting careers in the financial services industry.

Admissions for the 2026-28 batch are currently in progress. The last date to apply was March 14, 2026. As of March 29, 2026, the application window has closed and the institute is in the process of shortlisting candidates, evaluating SOPs, and conducting Personal Interviews. The batch is expected to commence in June/July 2026.

Key Points

  • Specialised programme focused exclusively on the BFSI sector, covering Banking, Insurance, and Financial Services in depth.
  • Three specialisation streams available: Banking Stream (retail banking, digital banking, risk and treasury management, trade finance, AML and KYC), Insurance Stream (insure-tech, fraud risk management, reinsurance, pensions and annuities), and Analytical Stream (fraud risk analytics, financial analytics, algo trading with Python, Blockchain and AI applications).
  • Limited intake of 60 seats ensures a focused, high-quality learning environment with strong industry alignment.
  • AICTE-approved with NBA accreditation specifically for the PGDM, along with NAAC, AACSB membership, AIU affiliation, and SAQS accreditation.
  • Graduates are placed in roles at Private and Public Sector Banks, Life, General and Health Insurance Companies, Stock Broking Firms, Mutual Fund Companies, Fintech Companies, and Bancassurance channels.
  • Outcome-based education framework with industry-relevant curriculum designed in collaboration with BFSI sector professionals.
  • Near 100% placement record with leading BFSI recruiters including Deloitte, ICICI Securities, Franklin Templeton, Berkadia, and Oxane Partners.

Siva Sivani Institute of Management Hyderabad Latest Updates and News

02 Apr, 2026 MAT May 2026 session registrations have started for MBA admission. Aspirants can register @mat.aima.in till May 25, for PBT Mode, and till June 8, for CBT Mode. The Exam will be held on May 31 (PBT) and on June 14 (CBT). Read more.

01 Apr, 2026 TS ICET 2026 registration is open till April 25, 2026, (with a late fee) for MBA/MCA admission. The exam is scheduled for May 13 & 14, 2026. Read more.

12 Mar, 2026 ATMA 2026 (May session) Registration is open till April 21, 2026, for admission to MBA, MMS, PGDM & MCA programs. The Exam will be held on May 3, 2026. Read more.

SSIM PGDM BIFS Fees

The PGDM (BIFS) programme at SSIM carries a total academic fee of Rs. 8,40,000 for the entire two-year duration, inclusive of tuition, alumni association fee, and other academic charges. An admission fee of Rs. 50,000 is payable at the time of provisional admission, and an alumni association fee of Rs. 10,000 is charged as per the provisional admission letter. Hostel accommodation is available separately at approximately Rs. 3,10,000 for two years and is not mandatory. The non-refundable application fee is Rs. 750.

Fee Components

Fee ComponentAmount (INR)
Tuition Fee (2 Years)7,80,000
Admission Fee (One-time, at admission)50,000
Alumni Association Fee (One-time)10,000
Total Academic Fee (2 Years)8,40,000
Hostel Fee (2 Years, Optional)3,10,000
Total Fee (with Hostel)11,50,000
  • The application fee of Rs. 750 is non-refundable.
  • Hostel accommodation is optional; the total academic fee of Rs. 8,40,000 does not include hostel charges.
  • Merit scholarships of up to Rs. 90,000 are available and are credited after second-term fee payment.
  • Education loans are available through HDFC Bank and other major banks, given SSIM's AICTE approval.
  • Fee payment is structured in term-wise instalments across the two-year programme.

SSIM PGDM BIFS Admission 2026

SSIM PGDM (BIFS) admissions for the 2026-28 batch opened in November 2025 with the application deadline on March 14, 2026. The selection process involves shortlisting of applications, evaluation of a Statement of Purpose (SOP), a Video Introduction, and a Personal Interview (conducted both online and offline). Candidates are evaluated holistically on academic background, entrance exam scores, and interest in the BFSI sector. The programme accepts scores from multiple national and state-level entrance exams.

SSIM PGDM BIFS Admission Dates

EventDate
Admission Notification / Application OpenNovember 2025
Last Date to Apply (PGDM BIFS 2026-28)March 14, 2026
Application FeeRs. 750 (non-refundable)
Personal Interviews (Tentative)March - April 2026
Batch Commencement (Tentative)June / July 2026
TS ICET 2026 Exam DateMay 13-14, 2026

Entrance Exam Dates

ExamExam DateResult Date
CAT 2025November 30, 2025December 24, 2025
XAT 2026January 4, 2026January 16, 2026
CMAT 2026January 25, 2026February 13, 2026
MAT (Feb/Mar 2026)March 1, 2026 (PBT) / March 8, 2026 (CBT)March 14-18, 2026
ATMA (May 2026)May 3, 2026To be announced
TS ICET 2026May 13-14, 2026To be announced

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

  • Candidates must hold a Bachelor's degree (minimum 3 years) from any recognised university with at least 50% aggregate marks.
  • A valid score in any of the accepted entrance exams is mandatory: CAT / XAT / CMAT / MAT / ATMA / GMAT / TS ICET / AP ICET or other state government management entrance exams.
  • Final year graduation students may also apply, subject to submission of final marksheets before batch commencement.

Admission Process

  • Step 1: Register and fill the online application form at apply.ssim.ac.in and pay the application fee of Rs. 750.
  • Step 2: Upload scanned copies of required documents including entrance exam scorecard, academic marksheets, and photograph.
  • Step 3: Shortlisting of applications based on academic profile and entrance exam scores.
  • Step 4: Submission of Statement of Purpose (SOP) and Video Introduction by shortlisted candidates.
  • Step 5: Personal Interview (online or offline) conducted by SSIM faculty and industry experts.
  • Step 6: Final merit list and offer of admission.

SSIM PGDM BIFS Scholarships 2026

SSIM offers a well-structured merit scholarship programme for PGDM students, with scholarships of up to Rs. 90,000 available based on entrance exam scores or academic background. A special President's Scholarship of Rs. 1,00,000 is available for children of defence personnel. Students from the Siva Sivani group of institutions are eligible for additional scholarships. Scholarships are credited after the second-term fee payment, so students must pay the full term fees first and then apply for the scholarship with the scholarship letter.

SSIM Merit Scholarship Details

CriteriaBasisScholarship Amount (INR)
CAT 2025 / XAT 2026 / GMAT (90 percentile and above)Entrance Exam Score90,000
CAT 2025 / XAT 2026 / GMAT (85-89.99 percentile)Entrance Exam Score80,000
CAT 2025 / XAT 2026 / GMAT (80-84.99 percentile)Entrance Exam Score70,000
CAT 2025 / XAT 2026 / GMAT (70-79.99 percentile)Entrance Exam Score60,000
CMAT 2026 Rank 5000 and belowEntrance Exam Score90,000
CMAT 2026 Rank 5001-10000Entrance Exam Score80,000
MAT / ATMA Composite Score 750 and aboveEntrance Exam Score80,000
TS ICET / AP ICET Rank 2000 and belowEntrance Exam Score70,000
Academic: 90% and above in Class X, XII, and GraduationAcademic BackgroundUp to 45,000
Academic: 85-89.99% in Class X, XII, and GraduationAcademic BackgroundUp to 40,000
Academic: 80-84.99% in Class X, XII, and GraduationAcademic BackgroundUp to 35,000
SPS High School Alumni (additional)InstitutionalCriteria 1 or 2 + 10,000
Siva Sivani Junior College Alumni (additional)InstitutionalCriteria 1 or 2 + 15,000
Siva Sivani Degree College Alumni (additional)InstitutionalCriteria 1 or 2 + 40,000
President's Scholarship (Children of Defence Personnel)Special Category1,00,000
  • A student will be awarded the best applicable scholarship if eligible under more than one criterion.
  • Scholarships are disbursed after second-term fee payment; students must pay full term fees first and then apply with the scholarship letter.
  • Valid score/rank card is mandatory for entrance exam-based scholarships.
  • Class X, XII scorecards and consolidated graduation marksheets are required for academic background scholarships.

SSIM PGDM BIFS Placement 2026

SSIM's PGDM programmes collectively achieved a 98.74% placement rate for the 2023-25 batch, with an average CTC of Rs. 7.25 LPA and a highest CTC of Rs. 12.7 LPA. PGDM BIFS graduates are specifically placed in the BFSI sector, with roles at banks, insurance companies, fintech firms, stock broking companies, and financial analytics firms. Key recruiters for BIFS graduates include ICICI Securities, ICICI HFC, HDFC Life, Franklin Templeton, Berkadia, Oxane Partners, Deloitte, IDFC First Bank, Axis Bank, SBI Life, and Aditya Birla Sunlife Mutual Funds. The programme's sector-specific curriculum gives graduates a strong advantage in BFSI recruitment.

Placement Metrics

Placement Metric2023-25 Batch (PGDM Programmes)
Highest CTCRs. 12.7 LPA
Average CTCRs. 7.25 LPA
Students Placed98.74%
Total Recruiting Companies180+
Pre-Placement Offers (PPOs)566
Key BFSI RecruitersICICI Securities, HDFC Life, Franklin Templeton, Berkadia, Oxane Partners, Deloitte, IDFC First Bank, Axis Bank, SBI Life, Aditya Birla Sunlife

Siva Sivani Institute of Management Hyderabad PGDM Banking, Financial services & Insurance Management Ranking

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SSIM PGDM BIFS FAQs

Ques. What is the PGDM BIFS programme at SSIM and how is it different from the regular PGDM?

Ans. The PGDM BIFS (Banking, Financial Services and Insurance Management) is a specialised 2-year programme with 60 seats, focused exclusively on the BFSI sector. Unlike the general PGDM (Triple Specialisation) which covers broad management domains, the BIFS programme dives deep into banking operations, insurance products, capital markets, and financial analytics. It is ideal for students who are certain about building a career in the financial services industry.

Ques. What are the three specialisation streams in PGDM BIFS at SSIM?

Ans. The PGDM BIFS offers three specialisation streams: (1) Banking Stream covering retail banking, digital banking, risk and treasury management, mortgage banking, trade finance, and AML and KYC; (2) Insurance Stream covering insure-tech, fraud risk management, reinsurance management, pensions and annuities, and group insurance; and (3) Analytical Stream covering fraud risk analytics, financial analytics, algo trading with Python, and Blockchain and AI applications in BFSI.

Ques. What types of companies recruit PGDM BIFS graduates from SSIM?

Ans. BIFS graduates are recruited by Private and Public Sector Banks (ICICI, HDFC, IDFC First, Axis, SBI), Life and General Insurance Companies (HDFC Life, SBI Life, Aditya Birla Sunlife, TATA AIG), Stock Broking and Mutual Fund Companies (ICICI Securities, Franklin Templeton), Fintech Companies (Berkadia, Oxane Partners), and Consulting Firms (Deloitte, KPMG). Roles include Relationship Manager, Executive Trainee, Tax Consultant, Analyst, and Management Trainee.

Ques. Is the PGDM BIFS at SSIM suitable for students from non-commerce backgrounds?

Ans. Yes, the PGDM BIFS is open to graduates from any discipline with at least 50% aggregate marks. Students from Engineering, Science, or Arts backgrounds can also apply. The first year covers foundation subjects in Economics, Finance, Marketing, HR, and Quantitative Techniques, which helps students from non-commerce backgrounds build a strong base before moving to BFSI-specific subjects in the second year.

Ques. How does the PGDM BIFS at SSIM compare to an MBA in Finance from other Hyderabad B-schools?

Ans. The PGDM BIFS at SSIM is more sector-specific than a general MBA in Finance. While an MBA in Finance covers broad financial management topics, the BIFS programme goes deeper into banking operations, insurance products, and financial analytics specific to the BFSI industry. With AICTE approval, NBA accreditation, and a strong placement record in the BFSI sector, it is a competitive option for students targeting BFSI careers at a total fee of Rs. 8,40,000 for two years.

Ques. What is the scope of the BFSI sector in India and why is a specialised PGDM in BIFS valuable?

Ans. The BFSI sector is one of the largest and fastest-growing sectors in India, contributing significantly to GDP and employing millions of professionals. With the rapid growth of digital banking, fintech, insurance penetration, and capital markets, there is a strong demand for management professionals with specialised BFSI knowledge. A PGDM BIFS equips students with sector-specific skills that general management graduates lack, making them more attractive to BFSI recruiters and enabling faster career progression within the sector.

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