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National Institute of Bank Management - [NIBM], Pune - Placement Details and Companies Visiting
Pune, Maharashtra AICTE Estd 1969 Public (Autonomous) 16 Questions Answered Ranked 87 for Overall by TOI 2019
National Institute of Bank Management (NIBM) concluded its 2020 placement drive wherein over 118 students participated in the placement drive. The highest CTC stood at INR. 22 LPA while the Median CTC stood at 9.67 LPA.
Students were recruited by top companies like Axis Bank, PWC, Deloitte, Cognizant, Yes Bank, and many others.
| No. of Recruiters | 22+ |
| No. of Students | 118 |
| Highest CTC | INR. 22 LPA |
| Median CTC | INR. 9.67 LPA |
| Minimum CTC | INR. 6 LPA |
| Top Recruiters | Axis Bank, PWC, Deloitte |
A total of 118 students enrolled in the PGDM program at the institute under various specializations. Out of the total, 88 students were placed with domestic as well as international companies.
22+ companies from sectors like banking, financial institutions, IT companies visited the campus.
In terms of Salary packages, the Highest CTC stood at INR. 22 LPA while the median CTC stood at INR. 9.67 LPA.
The top 50% of students were offered an average salary of INR 11.54 LPA while the top 80% of students received an average salary of INR 10.4 LPA.
Also, the average salary of the top 25% was INR 12.8 LPA and for the top 10% of students, NIBM Pune witnessed an average salary of INR 15.4 LPA.
Some of the top recruiters who participated in the 2020 placement drive were- Axis Bank, PWC, Deloitte, Cognizant, Yes Bank, and many others.
Tabulated below are the salary trends of the previous 3 years made by the organizations for the PGDM programs at the National Institute of Bank Management Pune:
| Particulars | Salary 2019 | Salary 2018 | Salary 2017 |
|---|---|---|---|
| Highest Package | INR 16 LPA | INR 19 LPA | INR 18 LPA |
| Minimum Package | INR 6 LPA | INR 6 LPA | INR 5.5 LPA |
| Median Package | INR 9.95 LPA | INR 10 LPA | INR 10 LPA |
Looking at the placement data, we can conclude that the NIBM Pune witnessed a drop in its highest and average salary package.
The 2020 batch comprised of 118 students out of which 53 were female students. The average age of the students was 23.8 years.
| Particulars | Statistics |
|---|---|
| Total No. of Students | 118 |
| No. of Male Students | 65 |
| No. of Female Students | 53 |
| Average Age Years | 23.8 |
The institute has a diverse population of students coming from different educational backgrounds.
| Educational Field | Percentage |
|---|---|
| Commerce | 42% |
| Engineering | 37% |
| Management | 7% |
| Science | 11% |
| Arts | 3% |
| Work Experience | No. of Students |
|---|---|
| Freshers | 72% |
| 12 Months | 10% |
| 24 Months | 10% |
| 36 Months | 8% |
Tabulated below are the list of recruiters that participated in the recent placement drive for PGDM at the National Institute of Bank Management:
| Axis Bank Limited | Airtel Payments Bank | Deloitte |
| Federal Bank | CARE Ratings | KPMG |
| Royal Bank of Scotland | Cognizant | Accenture |
| Wipro | Fincare | IDFC First Bank |
During the 2020 Internships, 32 recruiters visited the campus. Majorly the type of recruiters who visited the campus included- RBI, Public/Private Service Banks, NBFCs, Small Finance Banks, Fintechs, and etc.
During the 2019 Internship drive, the following observations were made-
Tabulated below are some key highlights of the summer internship at NIBM Pune:
| Particulars | Stats/ Stipend |
|---|---|
| Highest Stipend | INR 56,000 |
| Total companies visited | 39 |
| New Companies | 14 |
| No. Of Companies offering Stipend | 21 |
| Eligible Students | 118 |
| Self-Sourced Internship | 16 |
The following table represents the number of alumni currently working under different companies and recruiters-
| Recruiters | No. of Alumni |
|---|---|
| MAS Holdings | 9 |
| Dialog Axiata PLC | 8 |
| Abbott | 6 |
| Capgemini | 5 |
| Axis Bank | 5 |
| Genpact | 5 |
| Brandix | 5 |
| Virtusa | 5 |
| Fiverr | 5 |
Ans. First of all these B-Schools are the top most B-Schools in India. All of them offered PGDM programs in various specialized areas. Among these seven BSchools out of which GIM, NIBM, and IIFM Bhopal are the sectorial institutes that are offering PGDM programs in 4-5 specialized subjects. Given below is a few of the important information about the seven B-Schools which may help you in choosing an institute. Faculty: All of these colleges have highly qualified faculty members. GLIM, FORE, and GIM have the highest no. of faculty strengths which is more than 50 whereas IIFM has 35 well-experienced faculty members. LIBA, NIBM, and IFMR have the least number of teaching members such as more than 10 members. The maximum number of teaching members are designated by the associate professor at these B-Schools. Placement statistics: The placement report of 2020 for each of these B-Schools is provided below. GLIM: In 2020, approximately 45 companies were visited during the placements process. 50% of recruiters are from IT sectors such as Deloitte, Salesforce, Hexaware, IDFC Bank, ICICI Bank, etc. GIM: 69 companies were visited throughout the placement process such as Asian paints, Signify, Puma, Reliance, etc. FORE: Around 36 students received PPOs and 75% of students got placed in 2020 placement. The recruiters such as HCL, Amazon, Wipro, Infosys, etc. came. LIBA: 40% of recruiters were from the consultancy sector and others were from banking, analytics, etc. Reputed companies such as Cognizant, Deloitte, Amazon, Kindle, TCS were the recruiters in the 2020 placement process. NIBM and IFMR: The number of recruiters during the 2020 placement process was 70. Some of them are Accenture, HCL, Genpact, Aviva life insurance, etc. IIFM Bhopal: Most of the recruiters are from the banking and environment sectors. IDFC Bank, Dharma life, Axis Bank, BFIL, etc. came through the placement process. B-School Average CTC Highest CTC GLIM 9.15 LPA 13.6 LPA GIM 11.72 LPA 25.6 LPA FORE 10.60 LPA 30 LPA LIBA 9 LPA 14 LPA NIBM 9.44 LPA 14.5 LPA IFMR 9.37 LPA 18.80 LPA IIFM Bhopal 7.5 LPA 13.2 LPA It is very difficult to decide a better option among the above BSchools because each one of these institutes are top-notch. But on the basis of placement statistics for 2020, FORE school of management is offered the highest salary package as compared to other B-Schools.Read more
Ans. 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.Read more
Ans. NIBM and PIBM are both considered among the best colleges for MBA. With the well-versed diversity and well-facilitated campus, both the colleges are in a league of its own. Rankings: PIBM is a good college with a NIRF 2020 ranking of 76-100 and ranked as 34 in Times 2020. NIBM is one of the best colleges in India and is ranked above 100 by NIRF. Courses: PIBM: PIBM offers a full-time PG Diploma in Management program (PGDM) and 2 different courses in MBA. The course fee is about 8 Lakhs. NIBM: NIBM offers a full-time PG Diploma in Management program (PGDM) in Banking and finance. The total fee for the course is about 7 Lakhs. Admissions: PIBM: PIBM is AICTE approved and accepts the admission of graduates above 50% score and the 10th 12th score should also be above 50%. Admission for the courses is done based on the score for CAT/CMAT/XAT/PMAT/MAT/ATMA. The cutoff score of MAT is 94+ Percentile, cut off score of CMAT is 94+ percentile, and the cutoff score of CAT is 60 percentile. NIBM: NIBM is also AICTE approved and accepts the admission of graduates with above 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 WAT and PI. The cutoff score of MAT is 94+ Percentile, cut off score of CMAT is 94+ percentile, and the cut-off score of CAT is 80 percentile. There is an availability of 120 seats for admission. Placement: NIBM: NIBM Pune has a 100% placement record. The highest salary offered was 14.5 LPA with an average salary of 9.44 LPA. PIBM: The highest salary package offered is 12 LPA. About 80% of the students got placed before the pandemic situation, and for others, the process is still going on. Companies like Deloitte, EClerx, Lake, Upgrade, Marico, Dabur, ITC, etc., visit the PIBM campus for placements. Infrastructure: NIBM: NIBM has a self-contained campus with complete residential and educational facilities. Labs and Wi-Fi facilities are available and maintained accordingly. PIBM: PIBM Pune provides all the necessary things, like a well-facilitated library and music room and well-maintained campus area. Wi-Fi facility is available on the PIBM campus as well as in the hostel. Both the institutes provide good opportunities regarding placements. There is a slight difference in the specialization of financial studies that are offered in NIBM which makes it considerably better than PIBM otherwise both are good choices for students.Read more
Ans. 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.Read more
Ans. 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.Read more
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19 Reviews found
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.
I got my internship South Indian bank The stipend was 13000 per month Profie was CRM Intern
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.
Good. Mailnly in banking and finance , the area is niche. And thus the placements are in Banking and finance field. The placement committe makes sure to bring good companies and banks. There is ample of opportunities for the students for getting placed at their drem company.
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.
Placements are pretty good at our college. The package offered ranges from 6 LPA to 16 LPA. The average package offered us 9 lakhs per annum. NIBM is known for its best-in-BFSI placements. Some of the frequent recruiters include IDBI Bank, Axis Bank, Federal Bank, and HDFC. Most of the recruitments are done for the role of general management and product management.
There has been 100% placement in our college since inception with students getting placed in the profiles like risk management, credit analysis and other areas of banking and finance. Companies like Big 4, private banks visits the campus for summer internship and placement. RBI visits the campus for internship.
The job opportunities are very sure in the PG Diploma course. Every year companies visit to our college for recruitment. And select almost more than half of the students in recruitment. Our college does not provide any Internship.
More than half of the students get good jobs during the time of placements and job opportunities.I also got my first jobs here at the time of campus interview. Our college teachers helped us a lot in the time of placements.
Placement drive includes recruiters from Banking sector band placement week is mostly during November every year. Mainly Private sector banks in India like HDFC Bank, Axis Bank, HDBC Bank and various consultancy firms like KPMG, Grant Thorton, Aptiva, Accenture are recruiters. Internships occur from April to May month every year. The internship is offered by companies like, CRISIL, Future Generali, HDFC Bank, Ujjivan Bank and various others.
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.
Wipro
Accenture
HDFC Bank
ICRA
KPMG
ICICI Bank
Axis Bank
Royal Bank of Scotland
IDFC
Federal bank
South Indian Bank
CARE Ratings
The clearing corporation of India
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