Question 1

How is NIBM Pune for a fresher?

Accepted Answer

NIBM Pune recently concluded the 2024 placement drive with 100% placements. The participating batch comprised a total of 130 students. It included 42.1% students with 0 to only 12 months of work experience. So, we can say that the freshers percentage is not so low. A fresher can expect a good placement package during placement drive at NIBM campus considering the other factors of placements.

Question 2

What is the average package comparison of NIBM Pune & NMIMS Mumbai Placements?

Accepted Answer

NIBM Pune has already released its 2024 placement report while NMIMS Mumbai has not released it yet. The below table will give you an idea of average packages of each colleges in a year-wise manner:Placement YearNIBM Pune Average PackageNMIMS Mumbai Average Package2024INR 14.23 LPAINR 25.13 LPA2023INR 15.22 LPAINR 26.63 LPA2022INR 11.41 LPAINR 23.07 LPA2021INR 10.03 LPAINR 15.09 LPAIf we compare 2024& 2023placement drives for each college, we see that NMIMS Mumbai is offering an average package of above INR 20 LPA while NIBM Pune is still stuck at INR 15.22LPA (2023) & INR 14.23LPA (2024). The 2024 average package (INR 14.23LPA) of NIBM Pune is even 6.5% lower than 2023.

Question 3

What is the ROI of NIBM Pune?

Accepted Answer

NIBM Pune offers only PGDM BFSI course. The fees for the same for 2024-26 batch are INR 8 Lakhs for 1st year & INR 8 Lakhs for 2nd year (excluding the refundable amount). So, we can say that the total fees it takes for a 2 years course is INR 16 Lakhs while the average package stood at INR 14.23LPA during the 2024 placement drive. So, the ROI it provides is around -11%.

Question 4

Which is better in terms of placement - NIBM Pune or PIBM Pune?

Accepted Answer

The below table shows the placement comparison of both the colleges:ParticularsNIBM Pune (2024)PIBM Pune (2024)Highest PackageINR 26.51 LPAINR 18 LPAAverage PackageINR 14.23 LPAINR 9.5 LPABatch Strength130611Number of Recruiters40+210+If we compare the salary statistics, we can conclude that the highest & average package of NIBM Pune is higher than PIBM Pune.

Question 5

What are the best companies that visit NIBM Pune for campus placements?

Accepted Answer

Top reputed recruiters like SBI, ICICI Bank, HDFC Bank, Bank of America, Barclays, Infosys, BNY Mellon etc participated in the recent placement drive of 2024.

Question 6

Which school is better to join based on placements - NIBM Pune or IMT Nagpur?

Accepted Answer

The below table shows a placement comparison of both the colleges:ParticularsNIBM Pune (2024)IMT Nagpur (2024)Highest PackageINR 26.51 LPAINR 36.33 LPAAverage PackageINR 14.23 LPAINR 11 LPANumber of Recruiters50+90+IMT Nagpur placement 2024 is still in progress. The above data is based on the interim report for 2024.NIBM Pune offers only PGDM BFSI course while IMT Nagpur offers PGDM General, PGDM Marketing & PGDM Financial Management courses. Hence, the data above represents the overall data for IMT Nagpur & PGDM BFSI data for NIBM Pune.The highest & average packages are higher for IMT Nagpur than NIBM Pune.

Question 7

What kind of placement does an engineer get in NIBM Pune with 1.5 years of IT experience?

Accepted Answer

If we see the 2022-24 batch profile of NIBM Pune batch, we see that 20% of the 130 students were from the Engineering background & around 30 to 31% of the students had work experience in the ITES sector. Average work experience of the batch was 19.07 months. The average package for this 2022-24 batch stood at INR 14.23LPA. The highest package went up to INR 26.51LPA.

Question 8

Why does NIBM Pune have low placements compared to old IIMs despite being a 50 years old institute?

Accepted Answer

Several factors can be the reason for this factor. The factors are:IIMs have built a strong reputation over several decades.NIBM, despite being 50 years old, might not have achieved the same level of reputation and brand recognition as these older IIMs.The alumni network of older IIMs is typically vast and influential than NIBM Pune.IIMs offer various wide range of programs while NIBM offer only PGDM BFSI.Older IIMs tend to have established relationships with a wide range of industries, companies, and recruiters. These connections can lead to more placement opportunities, internships, and industry projects for students. NIBM may need to invest more in building and nurturing such connections to improve its placement statistics.Despite all these factors, NIBM Pune stills achieved 100% placements since its inception. The average package stood at INR 14.16 LPA & the highest package stood at INR 26.51LPA in 2024. The average package of top 10% stood at INR 23.30LPA, top 25% stood at INR 19.04LPA, top 50% stood at INR 17.12LPA & top 75% stood at INR 15.44LPA.

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