The PGDM program at NIBM Pune uses a trimester system, which means there are three terms each year, adding up to six terms throughout the course. Here's how a term is structured: there are mid-term exams and end-term exams. Some subjects last the whole term, while others finish halfway through. Typically, a day includes three classes, each lasting 1.5 hours, though sometimes it might extend to four classes depending on the schedule. Normally, classes run five days a week, but occasionally, you might have to attend on Saturdays if needed.
Exams are quite frequent, including class tests, mid-terms, finals, assignments, projects, and presentations, packing a lot into a three-month period. The coursework is demanding, so you can't afford to delay your work or slack off. Since this is a residential program, you're usually free after classes unless something else is planned. After classes, you can relax, play sports, explore the campus, or study in the library if you feel up to it after a long day of lectures.
You'll get used to the routine over time. Overall, NIBM prepares you well to become a proficient banker, and being part of NIBM is something you'll enjoy. Hope this helps!
NIBM Pune is a leading institute offering a PGDM in Banking and Financial Services with 90 seats available. The program is quite intense, offering both solid theoretical insights and hands-on experience, so you're ready to jump into work with little extra training needed.
The faculty members are not only experts but also have real-world experience, often consulting with banks. They're approachable and open to discussions even after class if you have questions.
Since it started, the institute has had a perfect placement record, with an increasing average salary for its students. Some of the regular recruiters are SBI, Axis Bank, Federal Bank, HDFC, Yes Bank, NPCI, KPMG, among others.
Students also get the opportunity to intern at renowned places like RBI, EXIM Bank, SBI, IDBI, Axis Bank, Union Bank, Canara Bank, and Bank of Baroda.
The institute also hosts guest lectures from well-known professionals in the banking and finance sector, which helps you understand the industry's current trends.
The campus itself is peaceful and feels like a different world, offering a break from the city's crowd and pollution.
Hope this helps!
NIBM Pune is a great place that helps train executives to work well in diverse, multicultural environments. They use a mix of theory and hands-on learning, which helps students become really good at solving problems. If you're in the final year of your bachelor's degree or have finished it and are waiting for your results, you can apply too.
Here's how the selection process for NIBM's postgraduate program works:
First, your scores in the initial screening will determine if you move forward. Then, there's a Personal Interview or Oral Communication Test where you'll discuss a given topic. Your past academic performance, involvement in extracurricular activities, and any work experience are also considered.
The Oral Communication Test and Personal Interview are done by a panel. They'll also evaluate your extracurricular activities and work experience. Your SSC and HSC marks are used to assess your academic performance.
The weightage for selection is divided as follows:
NIBM Pune is a solid choice if you're looking for a focused career in banking and finance. I joined the Post Graduate Diploma Management - Banking and Financial Services (PGDM BFSI) course because of its strong emphasis on real-world applications. The curriculum covers everything from general banking to technical aspects, and we get to work on tools like Eviews and SPSS. The faculty is really supportive, and they have a wealth of experience. Overall, the quality of education feels top-notch.
I chose NIBM for my PGDM BFSI because of its strong ties to the banking sector and the quality of education. The internship program is compulsory and helps in getting PPOs from companies like HDFC Credilla and Axis Bank. The overall fee structure is about 16 lakhs for two years, and considering the average placements are around 15.5 LPA, I feel the ROI is good. The campus life is also enjoyable, with all necessary facilities.
Getting into NIBM Pune isn't too hard. Just make sure to carefully follow the application instructions. Here's some info you might find useful. NIBM considers CAT 2019, XAT 2020, or CMAT 2020 scores to shortlist candidates for the Writing Ability Test and Personal Interview. Applicants need a Bachelor's degree with at least 50% marks or an equivalent CGPA.
The percentage is calculated based on the system used by the university where you got your degree. If your university gives grades or CGPA instead of marks, they'll convert it to a percentage as per their rules. If no conversion system exists, you can calculate it by dividing your CGPA by the highest possible CGPA and then multiplying by 100.
Admission is finalized only after you submit your mark sheet and a certificate that confirms you passed your degree with at least 50% marks by the given deadline. If you don't meet this requirement, your provisional admission will be canceled. NIBM won't allow you to start the program if you haven't completed your bachelor's degree requirements by the deadline.
Thanks for asking, I'm happy to share not just my first day but my whole first week at NIBM Pune, which was full of excitement and fun. The National Institute of Bank and Management, established by the RBI in 1969, offers a 2-year PGDM program focusing on Banking and Finance.
Big shoutout to the seniors who created a WhatsApp group for us newcomers. They were super helpful, answering all our questions about the mess food, campus life, work culture, and placements. With lots of expectations, I finally made my way to NIBM.
On the first day, I got my hostel room. My dad and I unpacked our stuff. The room was nice, with bookshelves, cupboards, a study table, and other facilities. I took a quick nap after the long train ride.
Lunchtime had us heading to the mess, starving. We met a lot of new people, some familiar from Facebook groups, and chatted about college life, the food, and the weather.
The next day started with a 3-day orientation. Dr. K.L Dhingra, our Director, welcomed the PGDM Batch 2019–21 along with their parents. We had guest lectures by various speakers from 9 am to 5 pm.
On day two, the faculty introduced themselves and explained the course, curriculum, grading, and rules. The hostel warden and anti-ragging team also briefed us on regulations.
Day three was thrilling as seniors introduced us to different committees like Placom, Adcom, and others. We also took a tour of the beautiful 70-acre campus, checking out the library, sports grounds, lecture halls, gym, and more. I loved imagining my two years ahead at NIBM.
Formal classes began on July 1 with subjects like management principles, economics, and statistics. We engaged in case studies that sparked lively discussions.
Later, I attended a two-day conference celebrating the 50th anniversary of Bank Nationalisation. We discussed topics like NPAs and fintech with experts.
After such a packed schedule, my friends and I decided to relax by watching a movie and shopping. NIBM is close to markets, malls, and beautiful spots like Lonavala and Lavasa.
The weather is lovely, and the environment is peaceful here. Frequent rain showers are refreshing. I've made great friends, and the seniors and staff are always helpful. As a first-time hosteller from Delhi, I feel right at home at NIBM Pune. Everything here exceeded my expectations.
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.
Here are some of the notable NIBM Pune alumni.