Pune, Maharashtra

National Institute of Bank Management (NIBM)

by REEYA SINGH 26 May 8, 2024

Established in 1969 by the RBI, the National Institute of Bank Management (NIBM) is a leading autonomous institution specializing in banking and finance research, training, and consultancy. Ranked 76th in the Management Category by NIRF Ranking 2023, NIBM offers a flagship 2-year PGDM in BFSI to top talents nationwide.

College Highlight

Year of Establishment1969
Institute TypeGovernment Autonomous
Campus Size62 acre
NIRF Ranking76
Course OfferedPGDM in BFSI
Total Seats120
Official Website

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Course Offered at NIBM

NIBM presents their flagship PGDM in BFSI as part of its esteemed quality management education for aspirants aiming to specialize in banking and finance research, training, and consultancy. Following are the highlights of the course:

  • The two-year PGDM (B&FS;) is divided into 6 terms with a total credits of 108.5 including summer internship, Banking and Finance Project and Social Development Project.
  • The total seat intake for this course is 120 students.
  • Admission to the program requires a minimum of 50 percent marks or equivalent CGPA in any bachelor's degree from a recognized university, with relaxed criteria of 45 percent for reserved category, ensuring inclusivity and diversity within the cohort.
  • Additionally, candidates are required to qualify entrance examinations accepted by NIBM which are XAT, CAT, CMAT, GRE and GMAT scores.

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Exams Accepted by NIBM Pune

NIBM Pune accepts a wide range of test scores submitted by candidates for admission to their management programs, including:

  • XAT
  • CAT
  • CMAT
  • GRE
  • GMAT

Exam Cutoff at NIBM Pune

Admission to NIBM Pune requires candidates to furnish their test scores from a range of options including XAT, CAT, CMAT, GRE, and GMAT. Meeting the minimum cutoff scores set for these exams is essential for securing admission to NIBM.

The below minimum cutoff is furnished by NIBM Pune according to the socio-economic categories of the applicants. Please note that these cutoff are only for comparison purposes and the minimum scores required for CAT, XAT, CMAT, GRE, and GMAT are determined annually after all applications have been received.

CategoryMinimum Cutoff

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Fees at NIBM

NIBM Pune presents a clear breakdown of the fees structure for their PGDM BFSI program for the easy understanding of the costs of the management education as its is a crucial part of a student's MBA journey.

The total fees for PGDM in BFSI is 16 Lacs. The following table represents the breakup as per the two years of this program.

Particulars1st Year Fees2nd Year Fees
Academic FeeINR 6,86,000INR 6,86,000
Hostel ChargesINR 1,08,000INR 1,08,000
Alumni FeesINR 6,000INR 6,000
TotalINR 8,00,000INR 8,00,000

Miscellaneous Fees:

  • Security Deposit (Refundable): Rs. 12000
  • Mess Deposit (Refundable): Rs. 8000

(The above fee structure does not include boarding (Mess) charges.)

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Notable Alumni of NIBM

From forward-thinking entrepreneurs to accomplished corporate leaders and influential policymakers, NIBM graduates have made a lasting impact across diverse industries and sectors worldwide. Drawing on their deep expertise, creative insights, and refined leadership abilities cultivated during their tenure at NIBM Pune, these alumni persist in making meaningful strides in both the business landscape and broader society. Below is the list of top NIBM alumni:

NameBatch YearProfile and Organization
Ms. Neha ShuklaPGPBF 2007-08Senior Vice President HSBC
Ms. Neha GoelPGPBF 2005-2006Executive Vice President at Yes Bank
Mr. Himanshu JainPGDM 2016-2018Operations Incharge at HDFC Ltd.
Ms. Ariba IqbalPGDM 2013-2015Manager (Financial Services) at Protiviti
Mr. Abhijeet JoshiPGDM 2013-2015Assitant Vice President at Barclays



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