NIBM Pune Scholarship 2025: Amount, Eligibility, Selection Criteria

NIBM Pune Scholarship: Students' Opinion

AI-Generated Summary based on 19 Reviews

The National Institute of Bank Management (NIBM) offers a merit-cum-means-based scholarship scheme for its PGDM students, providing non-repayable scholarships of Rs. 1,50,000 per annum to a maximum of 8 students. Selection is based on an interview conducted by a committee. Additionally, a few students also benefit from the CFA University Affiliation program, receiving a waiver of USD 750 on the CFA program enrollment fee and a reduced exam fee of approximately 350 USD.

NIBM's program fees are structured uniformly for all students at Rs. 16,00,000 for two years, inclusive of hostel charges, with additional monthly mess fees ranging from Rs. 4,500 to Rs. 5,000. The college also provides robust loan facilities in partnership with major banks like SBI, PNB, and UCO Bank, often offering loans at low or collateral-free rates.

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Why To Join NIBM Pune - Reviews & Rating

4.3

(19 Verified Reviews)

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5(74%)

4(5%)

3(0%)

2(16%)

1(5%)

Academic

4.5

Faculty

4.5

Infrastructure

4.1

Accommodation

4.3

Social Life

4.0

Placement

4.4

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AJINKYA HARIHAR SHINDE

4.4

PG Diploma, Banking And Financial Services

Reviewed on Jan 24, 2025(Enrolled 2023)

Finance focused Institute with good ROI

Fees and Financial Aid:

Yearly fees is 8 lakh rupees, all students irrespective of category have the same fees structure. There is scholarship program, merit cum need based for 6-8 students on basis of interview for scholarships.

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Rating Sage

4.7Helpful

PG Diploma, Banking And Financial Services

Reviewed on Dec 12, 2024(Enrolled 2023)

NIBM: In and out.

Fees and Financial Aid:

So beginning with the overall course fee it is 16 lakhs for 2 years. We have to pay it in 6 installments over the two years (This doesn't include the mess fee, that we have to pay separately. It ranges from Rs 4500 to Rs 5000 monthly). Now the fee structure:- 1. First Year: - Academic Fee: ?6,86,000 - Hostel Charges: ?1,08,000 - Alumni Fees: ?6,000 - Total: ?8,00,000 2. Second Year: - Academic Fee: ?6,86,000 - Hostel Charges: ?1,08,000 - Alumni Fees: ?6,000 - Total: ?8,00,000 Additional Charges: - Security Deposit (Refundable): ?12,000 - Mess Deposit (Refundable): ?8,000 Breakdown of Fees: - Tuition Fee: Included within the Academic Fee. - Caution Fees, Registration Fees, Admission Fees, Development Fees, Lab Fees: Not specifically itemized in the provided structure. Presumably integrated within the Academic Fee. Fees of Batchmates for Other Categories: - The fee structure is uniform for all students regardless of categories (Management, SC, ST, etc.). Scholarship: NIBM's Merit cum need based scholarship scheme for PGDM students provides non repayable scholarship of Rs 1,50,000 per annum to a maximum of 8 students. Selection is done based on a interview by a committee. Scholarship was also provided by CFA university Affiliation program to 6 students from NIBM a waiver of USD 750 CFA program enrollment fee & reduces exam fee to approximately 350 USD.

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Anonymous

4.9Helpful

PG Diploma, Banking And Financial Services

Reviewed on Nov 22, 2021(Enrolled 2021)

College review for student enhancement

Fees and Financial Aid:

Since the program is of two years, and each year the fess is 6,00,000. Where term 1 has 228000 and term 2 and term 3 it's 1,86,000 Same for term 4 the fees is 2,28,000 and term 5 and term 6 it is 1,86,000 The hostel fees is included in this fees apart from this you will have to pay monthly 5000 for mess.

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Rajat Mehta

4.0Helpful

PG Diploma, Banking And Financial Services

Reviewed on Jul 23, 2021(Enrolled 2020)

NIBM Mecca of Banking

Fees and Financial Aid:

The fees of the college are very less as compared to other schools. Fees are somewhat around 12 lakhs which includes the hostel fees as well. Most of the b school fees touch 20 lakh with hostel fees. I think it has one the best rely on investment when compared with other colleges. Also, students are provided with some Financial assistance like the college has a scholarship policy under which a scholarship of 1.5 lakh was given to 10 students who require real assistance or who find it difficult to pay the fees.

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Anonymous

4.1Helpful

PG Diploma, Banking And Financial Services

Reviewed on May 2, 2021(Enrolled 2020)

A hidden Gem!

Fees and Financial Aid:

As the institute is managed by RBI, As compared to other top B-schools, NIBM offers its Residential PGDM Program at Rs. 12,00,000 and believe me, it's worth going for it. NIBM also offers Scholarship to its students who are in need of financial assistance

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Muskan Agrawal

4.3Helpful

PG Diploma, Banking And Financial Services

Reviewed on Sep 12, 2020

Muskan Agrawal's Review On National Institute Of Bank Management - [NIBM], Pune

Fees and Financial Aid:

College do provide loan facility with least interest and also linked up with several banks like AXIS, Canara, Andhra

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KASHYAP RAICHURA

4.8Helpful

PG Diploma, Banking And Financial Services

Reviewed on Aug 3, 2020

STUDENT

Fees and Financial Aid:

Yes the college offers scholarship option to a limited number of students based on their performance and all the students who pass the specific criteria for applying to scholarship are reviewed and appropriate procedure is followed for providing Scholarship to the right candidates.

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Shivani Agrawal

4.3Helpful

PG Diploma, Banking And Financial Services

Reviewed on Jun 22, 2020(Enrolled 2019)