What is the criteria to get into NIBM?

1 Answer

Nikhil Kankaria Nov 4, 2020

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.


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.