Questions Asked On NIBM, Pune

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.

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.

Goa Institute of Management, well known as GIM is ranked 48th under the Management category of NIRF 2020. On the other hand, the National Institute of Bank Management (NIBM) is among India's reputed business schools which have been ranked 88th in the 'Top B Schools of India' list. Even Among the top 100 B-Schools of India. Even Symbiosis Institute of International Business (SIIB), Pune is a AAA accredited business school placed at 10th position by The Week for Private MBA.

Admission Process:

GIM

• Candidates must have 50% marks aggregate.
• Final year candidates are also eligible to apply.
• Candidates are shortlisted based on the CAT/XAT/CMAT entrance test score followed by Personal Interview and Achiever's round of scholarship.
• The Basic fee structure for PGDM is INR 17-18 Lakhs.

NIBM:

• Candidates are selected based on CAT, XAT(80%), CMAT(95%) scores, followed by writing tests and interviews.
• The seat intake is around 120 seats.
• The course fee for PGDM is 3.75LPA + 29K (Hostel Charges per annum).

SIIB:

• The basic fee structure is16 LPA.
• The selection is based on the SNAP entrance exam followed by GE/PI.
• Candidates must have a minimum aggregate of 50% score.

Infrastructure:

• GIM is well known for Learning Infrastructure, consisting of IT equipment and high-speed servers. Wide exposure to the central library and other resources and e-journals.Consists of Several Finance Labs and Data Mining Centre.
• In NIBM the campus is centrally air-conditioned and has speed wi-fi service. Cultural festivals are conducted every year. Poses Auditorium, IT equipped laboratories and digital library. Girl's Residentials are fully furnished with strong security 24X 7.
• SIIB has modern infrastructure, spacious classrooms, an auditorium, wifi feasibility, and lots more. Excellent Library access and e-journals.Well furnished hostels for girls/boys.Modernized gym, yoga, and aerobics room.

Placements:

The aforementioned are the basic highlights of the three colleges. NIBM is comparatively cheaper than the other two colleges, whereas, in terms of the package, GIM and SIIB receive higher package offers than NIBM. The choice is up to you.

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.

National Institute of Bank Management (NIBM) is among India's reputed business schools ranking 88th in the 'Top B Schools of India' list. On the other hand, the Institute for Financial Management and Research (IFMR) is also one of the leading business schools which has been ranked 23 in the 'Top Management Colleges of South Zone' and 53rd under Management Category by NIRF.

The table given below shows a brief overview of both institutions:

Admission Procedure:

NIBM:

• Candidates are selected based on CAT, XAT(80%), CMAT(95%) scores, followed by writing tests and interviews.
• The seat intake is around 120 seats
• The course fee for PGDM is 3.75LPA + 29K (Hostel Charges per annum).

IFMR:

• Candidates should be from the full degree course and must have 60% marks aggregate in their 10+2 and Undergraduate.
• Work Experience is not mandatory.
• Candidates are shortlisted based on scores of CAT, XAT, CMAT, GRE, GMAT.
• The basic fee for MBA in IFMR is in total 17Lakhs, including all living expenses.

Infrastructure :

NIBM:

• The campus is centrally air-conditioned and speeds wi-fi service.
• Cultural festivals are conducted every year.
• Poses Auditorium, IT equipped laboratories and digital library.
• Girl's Residentials are fully furnished with strong security 24X 7.

IFMR:

• IFMR has lush green, environment-friendly, and Wi-Fi enabled campus.
• It also has digitized AC classrooms.
• The hostels are fully furnished with an attached bathroom and geyser.
• Convenient Access to the library, hospitals, stores, etc.

Placements:

NIBM:

• NIBM assures 100% placement.
• The highest package calculated is around INR 18.8 LPA
• INR 8.70 LPA is the estimated average package in NIBM.
• Axis Bank, Deloitte, Federal Bank, State Bank of India, HDFC Bank are some of the prominent recruiters of NIBM.

IFMR:

• IFMR ensures 99% placements for its students.
• INR 13.6 LPA records to be the highest package.
• The average package in IFMR is INR 10.8LPA.
• Maximum students get placed under Finance, Marketing, Financial Engineering, HR, General Management, and Operations.

Both colleges are pretty good with decent placement percentages. In terms of package and fee structure, NIBM gets pretty good package offers and is relatively cheaper than IFMR.

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.