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NIBM Pune Placements 2024: Highest Package: INR 26.51 LPA & Average Package: INR 14.16 LPA

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NIBM Pune Placements 2024: Highest Package: INR 26.51 LPA & Average Package: INR 14.16 LPA

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Written By Aparna Das on, Nov 12, 2024

NIBM Pune Placements 2024 recorded 100% placements (for 130 students). According to the official report, the highest package stood at INR 26.51 LPA (offered by Money Boxx Finance Limited) whereas the lowest package was 10 LPA. The average package stood at INR 14.23 LPA and the median package stood at 15.00 LPA. A total of16 students received pre-placement offers. Indian Private Banks (41% placements) dominated the placement drive. Students received job roles like Product Manager, Business Risk Consultant, Financial Analyst, Risk Analyst, Audit/Compliance. 40+ recruiters participated in the placement drive. Some of the top recruiters included Airtel Payment Bank, Accenture, Bandhan Bank, Axis Bank, BNY Mellon etc.

NIBM Pune Summer Internship Placements 2025 final report is also released. According to the report, the highest stipend stood at INR 2.40 Lakhs while the average stipend stood at 42 K for 2-months

Highlights

  • The highest package increased by 12.76%.
  • The average package declined by 6.5%.
  • The participating batch of 130 students achieved 100% placements.
  • Students received 16 PPOs (pre-placement offers)
  • 50+ recruiters participated in the placement drive.

NIBM Pune Placements 2024 Report

Particulars Placements Statistics (2024) Placements Statistics (2023)
Highest Package INR 26.51 LPA INR 23.50 LPA
Average Package INR 14.23 LPA INR 15.22 LPA
Average Package of top 10% INR 23.30 LPA INR 22.44 LPA
Average Package of top 25% INR 19.04 LPA INR 21.09 LPA
Average Package of top 50% INR 17.12 LPA INR 18.25 LPA
Average Package of Top 75% INR 15.44 LPA INR 16.87 LPA
Batch Size 130 120
Placement Percentage 100% 100%
Number of Pre-placement Offers 16 35
Number of Recruiters 40+ 25
Top Recruiters Airtel Payment Bank, Accenture, Bandhan Bank, Axis Bank, BNY Mellon etc  Bank of America, Airtel Payments Bank, Barclays, Cognizant, Ernst & Young
  • More than 40 recruiters participated in the 2024 placement drive. Out of these 50, students were placed successfully in 37 bank/financial institutions.
  •  Indian private Banks (41%) & Foreign Banks (20%) offered to more than half of the placed students.
  • Students received job roles like Manager, Consultant, Financial Analyst, Risk Analyst, Audit/Compliance etc.
  • The participating batch had 99 male students & 31 female students. The number of male students is more than 3X compared to the female students.
  • The average age of the batch was 22.9 years while the average work experience was 19.07 months. 
  • Most of the students (more than 50%) had work experience in the BFSI & IT/ITES domains.

NIBM Pune Average Package 2024

NIBM Pune average package stood at INR 14.16 LPA during the 2024 placement drive. The below table will show you the average package trend of NIBM Pune:

Placement Year Average Package Change in Average Package
2024 INR 14.23 LPA 6.5% Decline
2023 INR 15.22 LPA 25.03% Hike
2022 INR 11.41 LPA 12.09% Hike
2021 INR 10.03 LPA -

As per the 2024 placement updates, NIBM Pune average package declined by 6.5% as compared to the previous year. Earlier, the average package had an increasing trend when compared to the past 3 placement drives.

NIBM Pune Highest Package 2024

NIBM Pune highest package increased from INR 23.50 LPA in 2023 to INR 26.51 LPA in 2024. The below table will show you the highest package trend:

Placement Year Highest Package Change in Highest Package
2024 INR 26.51 LPA 12.76% Hike
2023 INR 23.50 LPA 32.85% Hike
2022 INR 15.78 LPA 28.27% Decline
2021 INR 22 LPA No Change

NIBM Pune Placements 2024 Industry-wise

The below chart shows the industry-wise placements during NIBM Pune Placements 2024:

NIBM Pune Placements 2024 Industry-wise

The Indian Private Banks dominated the placement drive with 41% placements followed by Foreign Banks with 20% placements. Students were also placed in industries like NBFCs, IT & Consulting, FinTechs, Payment Banks, Small Finance Banks.

NIBM Pune Placements 2024 Job Roles Offered

The below table shows the job roles offered during NIBM Pune Placements 2024:

Credit Strategy Analytics & Modelling Management Consultant
Product Management Business Risk Consulting Governance, Risk & Compliance
Corporate & Investment Banking Credit Analyst Business Analyst
Finance & Accounts Fixed Income Equity Trader Market Risk Analyst
Internal Audit Baking Operations Tech Consultant
Manager Consultant Management Trainee
Audit/Compliance Finance Management Risk Consulting & Banking Operations
Financial Risk Manager Techno Consultant Deputy/Assistant Manager

NIBM Pune Placements 2024 Top Recruiters

The below table represents some of the top recruiters who participated in the 2024 placement drive at NIBM Pune campus:

Airtel Payments Bank Accenture Axis Bank
Bandhan Bank Bank of America Barclays
BNY Mellon Cognizant Ernst & Young
Federal Bank HDFC Bank HSBC Bank
ICICI Bank IDBI Bank IndusInd Bank
Kotak Mahindra Bank KPMG GRCS PwC India

NIBM Pune Summer Internship Placements 2025 Report

Particulars Internship Statistics (2025) Internship Statistics (2024)
Highest Stipend  INR 2.40 Lakhs INR 2.40 Lakhs
Average Stipend INR 42 K INR 55 K
Average Stipend of Top 10% INR 1.45 Lakhs INR 1.90 Lakhs
Average Stipend of Top 25% INR 1.02 Lakhs INR 1.27 Lakhs
Average Stipend of Top 50% INR 78 K INR 90.80 K
Average Stipend of Top 75% INR 58 K INR 75.50 K
  • The participating batch had 131 students among which 93 were male students and 38 were female students. 
  • The average age of the batch was 23 years.
  • Top recruiters like SBI, Infosys, Indian Bank, TATA Capital, HDFC Bank etc participated in the summer internship placement drive and 40 recruiters hired the students. 

NIBM Pune Summer Internship Placements 2025 Top Recruiters

SBI UBFC Union Bank
TATA Capital Punjab National Bank Nat West
Infosys IDBI Bank Indian Bank
HDFC Bank Federal Bank Cognext
Canara Bank BNY Mellon Bank of America

NIBM Pune Placements: Students’ Reviews

  • The summer internship placement opportunities are quite good & provide domain-wise expertise.
  • Even in the pandemic days, the college provided 100% placements.
  • All the students get equal opportunity to get placed rest is up to the student to find a good job role and a good pkg from a company.
  • The placement committee makes sure to bring good companies and banks.
  • Placements are offered in Banks, Rating Agencies,Consultancy firms, Insurance cos, NBFCs with average package of INR 7 Lakhs.
  • It actually provides high ROI.

NIBM Pune Alumni Network

Name of Organizations Number of Alumni
Axis Bank 95
HDFC Bank 93
Indian bank 50
HSBC 49
EY 40
Punjab National Bank 39
Canara Bank 36
IDBI Bank 33
ICICI Bank 30
Yes Bank 29
NIBM Pune 26
AU Small Finance Bank 26
KPMG India 25
Tata Capital 21
IndusInd Bank 20

NIBM Pune Placements FAQs

Ques. How is NIBM Pune for a fresher?

Ans. 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.

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

Ans. 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 Year NIBM Pune Average Package NMIMS Mumbai Average Package
2024 INR 14.23 LPA INR 25.13 LPA
2023 INR 15.22 LPA INR 26.63 LPA
2022 INR 11.41 LPA INR 23.07 LPA
2021 INR 10.03 LPA INR 15.09 LPA

If we compare 2024 & 2023 placement 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 15.22 LPA (2023) & INR 14.23 LPA (2024). The 2024 average package (INR 14.23 LPA) of NIBM Pune is even 6.5% lower than 2023. 

Ques. What is the ROI of NIBM Pune?

Ans. 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 14.23 LPA during the 2024 placement drive. So, the ROI it provides is around -11%.

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

Ans. The below table shows the placement comparison of both the colleges:

Particulars NIBM Pune (2024) PIBM Pune (2024)
Highest Package INR 26.51 LPA  INR 18 LPA 
Average Package INR 14.23 LPA  INR 9.5 LPA 
Batch Strength 130 611
Number of Recruiters 40+ 210+

If we compare the salary statistics, we can conclude that the highest & average package of NIBM Pune is higher than PIBM Pune. 

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

Ans. 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.

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

Ans. The below table shows a placement comparison of both the colleges:

Particulars NIBM Pune (2024) IMT Nagpur (2024)
Highest Package INR 26.51 LPA  INR 36.33 LPA 
Average Package INR 14.23 LPA  INR 11 LPA 
Number of Recruiters 50+ 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.

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

Ans. 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 14.23 LPA. The highest package went up to INR 26.51 LPA. 

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

Ans. Several factors can be the reason for this factor. The factors are:

  1. 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.
  2. The alumni network of older IIMs is typically vast and influential than NIBM Pune.
  3. IIMs offer various wide range of programs while NIBM offer only PGDM BFSI.
  4. 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 26.51 LPA in 2024. The average package of top 10% stood at INR 23.30 LPA, top 25% stood at INR 19.04 LPA, top 50% stood at INR 17.12 LPA & top 75% stood at INR 15.44 LPA.

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NIBM Highest and Average Package

Highest PackageAverage Package
26.51 L
14.23 L
05.3 Lakhs10.6 Lakhs15.9 Lakhs21.2 Lakhs26.5 Lakhs

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Why To Join NIBM - Reviews & Rating

4.3
& Win Monthly Prizes Up to ₹1 Lakh/-*
5(71%)
4(6%)
3(0%)
2(18%)
1(6%)

Academic
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Faculty
4.3
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Accommodation
4.3
Social Life
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Placement
4.3

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Anonymous
4.9Helpful
Reviewed on Nov 22, 2021(Enrolled 2021)

Placement Experience:

The college guarantees 100% placement even in pandemic the college, the placement week starts around in October-November and ends in 4-5 days the average package for 2021 batch was 10.03 LPA and the highest went around 22 LPA.

...Read More
Rajat Mehta
4.0Helpful
Reviewed on Jul 23, 2021(Enrolled 2020)

Placement Experience:

Placement is the main reason everybody pursues MBA, same is the reason with me. Placements of our are very good. The average package of my seniors was 10.7 LPA. All the students get equal opportunity to get placed rest is up to the student to find a good job role and a good pkg from a company. Companies from all over India come to recruit students like Deloitte, EY, Hdfc bank, axis bank etc.

...Read More
Anonymous
4.1Helpful
Reviewed on May 2, 2021(Enrolled 2020)

Placement Experience:

100 Percent Placement since its inception More more relevant information, You can visit the PGDM tab under the official website of NIBM. It includes all the placement and Internships brochures https://pgdm.nibmindia.org/index.php

...Read More
Tejaswani Verma
5.0Helpful
MBA
Reviewed on Mar 28, 2021(Enrolled 2020)

Placement Experience:

NIBM guarantees 100% placements. In last December we had the placement week for our seniors. Till now almost 50% to 55% of the senior batch got placed.We got many internship offers from leading private banks and even RBI comes to hire interns form our campus. The internship process is still happening and half of our batch got internship offers. Overall the placement are really good at National Institute of Bank Management

...Read More
Muskan Agrawal
4.3Helpful
Reviewed on Sep 12, 2020

Placement Experience:

The college has given 100% placement since its inception. The average has been more than 8 lakhs this year and before, the highest being 18L and lowest 7L. Big four like Deloitte, EY, KPMG, private and foreign banks like RBS, Axis Bank, HDFC Bank, Federal Bank, JFS, CANFIN, Payment Corporation, NPCI, etc. visited the campus.

...Read More
KASHYAP RAICHURA
4.8Helpful
Reviewed on Aug 3, 2020

Placement Experience:

The college has maintained 100% placements since it's inception and provides various roles in the banking and financial sector. The students go through such a course during there 2 years period that no special training for placement season is required and all the students are very well placed and some of the alumnus of the college are among the top leaders in the Industry.

...Read More
Shivani Agrawal
4.3Helpful
Reviewed on Jun 22, 2020(Enrolled 2019)

Placement Experience:

I cannot reveal the companies name, but the college has 100% placement record since 50years and along with it fantastic summer internships as well. The recruitment process starts in November in the final year whereas for internship generally the period is may to June. During placement students are well trained for sitting in the interview.

...Read More
Vikrant Sharma
Vikrant Sharma
4.1Helpful
PGDM, General
Reviewed on May 4, 2020

Placement Experience:

The major recruitment happens in the premier private banks of our country. To name a few Axis Bank, HDFC bank, ICICI Bank, Kotak Mahindra Bank etc. Apart from banks students also got placed in rating agencies like CRISIL. Every year 100% students get placed.

...Read More
Akshay Sharma
4.4Helpful
Reviewed on May 3, 2020

Placement Experience:

The college has an excellent record of 100% placements every year. The students are placed in various field of finance in some of the best financial institutions of the country. Before the placements begin, the students are also prepared for it by conducting mock interviews.

...Read More
Sarthak Sharma
Sarthak Sharma
4.8Helpful
Reviewed on May 3, 2020

Placement Experience:

NIBM has a track record of 100% placements since the inception of the PGDM program. The NIBM has a student-driven placement policy wherein a committee of student placement coordinators build to drive the placements in consultation with the administration. The companies that visited recently include, but not limited to, HDFC BANK, HSBC, KPMG, AXIS BANK, AIRTEL PAYMENTS BANK, CARE RATINGS, APTIVAA, SURYASOFT, etc.

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NIBM: 2 Answered Questions

How is the placement in NIBM Pune? Is it ok to go for full-time PGDM in this institute?

Ujwal MahantoPGDM-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 PGDM, and what are its placement records?

Vikram VatsalPGDM 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.

...Read More
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NIBM Alumni Distribution by Sector

Operations 15%
Business Development 14%
Finance 12%
Sales 10%
Information Technology 10%

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Frequently Visited Companies

Companies
Bank of AmericaCognizantErnst & YoungJM Morgan Stanley Private Limited
AccentureBarclays BankHDFC BankKotak Group
ICRAKPMGAirtelIDBI Bank
ICICI BankProtiviti Consulting Pvt. Ltd.Axis BankEdelweiss
PWCYes BankTata CapitalFederal bank
IndusInd BankBandhan BankBNY MellonPerfios Software Solutions Pvt Ltd

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Comments


1 Comment
S
sapna
What is the placement record of NIBM Pune this year?
S
Sweta Kumari

NIBM Pune Summer Internship Placements 2024 is also concluded. NIBM Pune highest stipend increased by 100% at INR 2.40 Lakhs while NIBM Pune average stipend increased by 102% at INR 55 K per month. The summer internship batch had 130 male students & 31 female students.


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