NIBM that is the National Institute of Banking and Management Pune is considered one of the best in the country and ‘The Best’ in the state. NIBM received Worldwide Achievers’ Award for a good performance at B-School in Banking and Finance. The criteria for admission at the institute are as follows.

Criteria for Admission:

For Admission, every individual has to follow the basic guidelines put forward by the university authorities.

• NIBM is an AICTE approved college that accepts the admission of graduates above 50% score or equivalent CGPA by any MHRD recognized college or university.

• Students are shortlisted for admission based on the score for CAT/CMAT/XAT.

• After that, the shortlisted candidates have to give the Written Ability Test (WAT).

• The final selection is done by the university after the written ability test (WAT) and Personal Interview (PI).

• These selected students have to send an email to the University by sending RS 1 lakh for the confirmation of acceptance.

Cutoff:

The University provides its cutoff based on the exam and performance. This cutoff is not fixed, it changes every year. The average cutoff is as follows.

• The Cutoff score of MAT is 94+ Percentile.

• The Cutoff score of CMAT is 94+ percentile.

• The Cutoff score of CAT is 80+ percentile.

There is an availability of a total of 120 seats for admission per year. The application fee is INR 1500. NIBM Pune selection centers for admission are at Bangalore, Delhi, Pune, Mumbai, Kolkata, Lucknow.

National Institute of Bank Management, Pune is an autonomous institute established by RBI & banks and got recognition by AICTE, from 2013 onwards. Indian Institute of Forest Management, Bhopal has been ranked 62nd in India by NIRF.

Admissions:

NIBM

• The college accepts students based on the CAT, XAT, and CMAT scores with 50% in the bachelor's degree.
• The total fee for MBA in Banking and Financial services is 10.23 lakhs.

IIFM

• The college accepts students based on any CAT and XAT scores with 50% in the bachelor's degree.
• The total fee for both Sustainable Management and Forest Management is 6.24 lakhs.

Placements:

NIBM

• 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.

IIFM

• The placement rate of last year is about 100% with the highest package of INR 13.2 LPA and the average package of INR 7.5 LPA.
• College does provide internship opportunities. Top recruiters for summer internship are Microfinance, Government organizations, and NGOs.
• Around 23.33% of students were placed in government agencies last year.
• Top recruiters of 2019 are UNDP, UNICEF, Annapurna, WWF, Kantar, EandY, KPMG, HSBC, Yes Bank, ACC Limited, Indiabulls, SABA, ICICI Bank, IDFC, Wipro, etc.

NIBM provides more opportunities for internships and placements in some big companies whereas IIFM has a large percentage of job opportunities in the government sector than NIBM and is more affordable. Choose accordingly as per your requirements.

National Institute of Bank Management, Pune is an autonomous institute established by RBI & banks and got recognition by AICTE, from 2013 onwards.

AIMS Institute of Management studies won two awards in 2019. Best innovative management institute in Pune by world education summit and Fast emerging institute for a management course in Pune by SDF international excellence.

Admissions:

NIBM

• The college accepts students based on the CAT, XAT, and CMAT scores with 50% in the bachelor's degree.
• The total fee for MBA in Banking and financial services is 10.23 lakhs.

AIMS

• The college accepts students based on any CAT, MAT, CET, CMAT, AMMI, ATMA, and XAT score with 50% in graduation.
• The total fee for MBA in Finance is 3.69 lakhs.

Faculty:

• Faculties of both NIBM and AIMS are highly qualified and knowledgeable. 
• Every faculty has a doctorate degree in their respective fields of both the college. 
• Faculties provide excellent knowledge to the students, and they teach about the work culture of the corporate world.

Placements:

NIBM

• 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 INR 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.

AIMS

• The placement rate of last year is about 100% with the highest package of INR 30 LPA and the average package of INR 6 LPA.
• Top recruiters of 2019 are Aditya Birla Group, Bank of America, HCL, IBM, India Oil, Infosys, TCS, TATA Motors, Voltas, Wipro, V.I.P, Indiamart, Indiabulls, ICICI, L&T, CEAT, FIAT, Tech Mahindra, Future Group, etc.

Above are all the basic details to compare the college, choose as per your requirements. NIBM provides more opportunities for internship and placements whereas AIMS is more affordable.

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.

With the well-versed diversity and well-facilitated campus, both the colleges are in a league of its own. There are very few management institutes that offer specialization in financial studies as a separate course. NIBM and KJ are placed in top among these few Institutes.

Ranking:

• KJ is considered one of the best colleges in India with a 56 NIRF 2020 rank and 5th rank by the Times 2020.

• NIBM is also one of the best in India and is ranked above 100 by NIRF.

Admission:

KJ:

• Admission for the courses is done based on the score for CAT/CMAT/GMAT/XAT with a 50% graduation score.

• The cutoff score of GMAT is 95+ percentile, cut off score of CMAT is 95+ percentile, and cut off score of CAT is 85 percentile.

NIBM:

• Admission for the courses is done based on the score for CAT/CMAT.

• NIBM Pune also accepts the MAT score. The cutoff score of MAT is 94+ percentile, cut off score of CMAT is 94+ percentile, cut off score of CAT is 80 percentile.

• The final selection is done by the university based on the written ability test (WAT) and Personal Interview (PI).

Courses Offered:

NIBM:

• NIBM offers a full-time PG Diploma in Management program (PGDM) in Banking and finance and one course in MBA.

• The total fee for the MBA course is about 7 Lakhs.

KJ:

• KJ offers a full-time PG Diploma in Management program (PGDM) in Banking along with finance and 12 different courses in MBA.

• The course fee is about 15 Lakhs.

Placement:

NIBM:

• NIBM Pune has a 100% placement record.

• They provide many internships and social development projects for students to avail of a better job opportunity.

• The highest salary offered was 14.5 LPA with an average salary of 9.44 LPA.

KJ:

• KJ also has a 100% placement record.

• The highest salary offered was 27 LPA with an average salary of 9.50 LPA.

The Faculty is considered better in KJ than in NIBM due to its better ranking. Also, the placement and internship opportunities are more in KJ than in NIBM. So, considering the statistics it can be said KJ is better than NIBM in a few aspects.

Both NIBM and SIMS are considered the best colleges in Pune. NIBM received Asia’s Best Award at World HRD Congress 2018. Whereas, SIMS Pune is ranked 24 for MBA by TOI 2019.

Admissions:

SIMS:

It is an AICTE and NAAC approved college which accepts the admission of graduates above 50% score.

• Admission for the courses is done based on the score of SNAP.

• The rut off for Round 1 SNAP is 77 Percentile.

• There is an availability of 120 seats for admission.

NIBM:

NIBM is an AICTE approved college that accepts the admission of graduates above a 50% score.

• Admission for the courses is done based on the score for CAT/CMAT.

• The final selection is done by the university based on the written ability test (WAT) and Personal Interview (PI).

• The cutoff score of MAT is 94+ Percentile, cut off score of CMAT is 94+ percentile, and the cutoff score of CAT is 80 percentile.

• There is an availability of 120 seats for admission.

Faculty:

SIMS:

• Faculty members in SIMS focus on interactive learning. They use different methods to make classes more engaging and productive even when classes are conducted virtually.

• It involves peer learning, and you get to learn about a lot of things covered in the course curriculum as well as in presentations, workshops seminars, etc.

NIBM:

• The teachers are highly qualified and knowledgeable. Most of the faculty has a doctorate.

• The faculty does not only focus on theory but it makes students industry-ready.

Placements:

SIMS:

• Placements are offered in every field like finance, banking, marketing, etc.

• The average salary package offered in SIMS is 8 LPA.

• Major companies like Deloitte, Google, and Accenture have offered placements.

• The training is provided by the placement cell well in advance for better opportunities.

• The overall salary package here is between 6-13 LPA.

NIBM:

• NIBM Pune has a 100% placement record.

• They provide many internships and social development projects for students to avail of a better job opportunity.

• The highest salary offered was 14.5 LPA with an average salary of 9.44 LPA.

Both SIMS and NIBM are the best and well diverse colleges. There is not much difference based on infrastructure or campus facilities. But there is a well-versed difference in opportunities due to the better ranking of SIMS, which makes it more preferable among students than NIBM. There is also a visible difference in placement records which makes SIMS a better choice than NIBM.