NIBM Pune Admission 2024: Fees, Cutoff, Selection Criteria, Eligibility

Pune, MaharashtraEstd 1969
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Written By Sapna Malik updated 

NIBM Pune MBA/PGDM Admission 2023 is based on scores in any of the CMAT, CAT, GMAT, GRE and XAT entrance exams followed by Written Ability Test & Personal Interview. NIBM Pune has a total intake of 120 seats for its PGDM course. The minimum eligibility criteria for online application is that the candidate should have completed their graduation with 50% scores. The application fees of the PGDM course is around INR 1500 which is to be paid using any online banking mode. NIBM Pune Admission for 2022 has been concluded. Check NIBM Pune PGDM Course Details and Fees 

Established in 1969 by the Reserve Bank of India in collaboration with the Government of India, NIBM Pune’s PGDM program is approved by AICTE. The institute, which is first of its kind has received numerous awards and recognition from esteem organisations like ABP News awarded NIBM with Education Leadership Award in 2019 as well as it has received a Platinum award for ‘smart governance’ for PGDM (B&FS) Program. In terms of placement NIBM Pune has maintained a successful placement record. The highest CTC stood at INR. 23.50 LPA while the Median CTC stood at 15 LPA for the year 2022. Check NIBM Pune Placements

NIBM Pune Important Dates

Events Dates
 Last date to apply March 20, 2023
Writing Ability Test/Oral Communication
and Personal Interview
April 2023
Declaration of Results May 2023
Commencement of Classes June/July, 2023
Submission of mark sheet/degree certificate :
(for students currently in the final year
October 31, 2023
Payment of First Installment of Fees

Within 2 weeks from date of offer

of admission

NIBM Pune Admission 2023: Top Course

COURSE TOTAL FEES
PGDM ₹5.25 Lakhs (1st Year Fees)

NIBM Pune PGDM Admission 2023

PGDM is the major programme of NIBM Pune. Moreover, the institute offers the programme with modules such as IFRS, NPA Management and Business Analytics.

NIBM Pune PGDM Eligibility

  • Bachelor’s degree in any discipline with at least 50% aggregate marks or equivalent CGPA awarded by any Recognised University.
  • Those who are in their final year or are waiting for their result can also apply but they need to produce a certificate at the time of WAT and PI.
  • A valid Score in CAT/XAT/CMAT/GMAT/GRE. 

NIBM Pune PGDM Selection Process

NIBM Pune provide admission to candidates on the following basis:

  • The institute shortlists students based on the CAT/XAT/CMAT/GMAT/GRE score.
  • The shortlisted applicants are further called for Written Ability Test and Personal Interview round at respective exam centers.
  • The institute will release the list of selected candidates
  • Finally, all the selected students have to confirm the acceptance by sending an email at the official website by remitting Rs. 1,00,000 towards the programme.
  • On the other hand the wait-listed candidates will be offered admission in the order as mentioned in the wait-list in case there is any vacancy arising from the selected candidates.

NIBM Pune Admission 2023: Expected Cutoff for PGDM

The institute formulates their own cutoff which changes every year depending upon the CAT and CMAT score. By looking at past trends the expected cutoff for the exams is as follows:

Entrance Exam  Cutoff ( in Percentile ) 
CAT 80 percentile and above
XAT  94 percentile and above
CMAT  94 percentile and above

NIBM Pune Selection Centers

Those who will be shortlisted based on the exam score have to be present at the following exam centers for WAT and PI rounds:

  • Bengaluru
  • Delhi
  • Kolkata
  • Lucknow
  • Mumbai
  • Pune

NIBM Pune PGDM Admission 2023 : How to Apply for?

All the eligible students need to fill the application form which will be available online. The admission body advises to fill the form very carefully and not to miss any field. Check the steps to fill the application form beneath:

  1. Go to the official website
  2. Click on the Application Form 
  3. Now fill all the required details in an application form in the specified fields.
  4. After filling, upload scanned images of documents such as photographs and signatures.
  5. Once the form is filled, pay an application fee.
  6. Lastly, click on the “Submit” button.

NOTE – Scanned images must be in jpg or jpeg format and they should not be more than 2 MB.

Documents Required

  • Passport size photograph
  • Admit Card or Score Card of qualifying exam (CAT/XAT/CMAT)
  • Category Certificate (If Applicable)

How to Apply for NIBM Pune PGDM 2023?

All the eligible students need to fill the application form which will be available online. The admission body advises to fill the form very carefully and not to miss any field. Check the steps to fill the application form beneath:

  1. Go to the official website
  2. Click on the Application Form 
  3. Now fill all the required details in an application form in the specified fields.
  4. After filling, upload scanned images of documents such as photograph and signature.
  5. Once the form will be filled, pay an application fee.
  6. Lastly, click on the “Submit” button.

NOTE – Scanned images must be in jpg or jpeg format and they should not be more than 2 MB.

Documents Required

  • Passport size photograph
  • Admit Card or Score Card of qualifying exam (CAT/XAT/CMAT)
  • Category Certificate (If Applicable)

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FAQs

Ques. Does NIBM Pune also accepts MAT score?

Ans. No, it only accepts the score of CAT, XAT and CMAT for further selection rounds.

Ques. Is NIBM Pune worth joining?

Ans. NIBM Pune is a decent college running a 2-year PGDM in Banking and Financial Services. The college is rigorous in providing placements with good salary packages. Some of the top recruiters include Axis Bank, KPMG, HDFC Bank, ICICI Bank, Accenture and many more. 

Ques. How to join NIBM Pune?

Ans. To join NIBM Pune, applicants must have a Bachelor’s Degree with 50% marks. Also, they must have qualified CAT/XAT/CMAT with a valid score.

Ques. How to prepare for WAT and PI?

Ans. The topics for WAT are general and related to current issues. In PI questions are asked regarding your graduation, general awareness, basics of banking and finance and about your hobbies and interests. For PI, you should focus on your profile, be thorough with what is written in your resume, browse through current banking issues, read news regularly and be aware of what is happening around the world.

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NIBM Upcoming Application Dates 2024

Important Events

EventsDates
CAT 2024 Result Date
Tentative
Dec 26, 2024

Expired Events

EventsDates
CAT 2024 Exam DateNov 24, 2024
Submission of mark sheet/degree certificate (for students currently in the final year) (PGDM)Oct 31, 2024
CAT 2024 Admit Card DateOct 25, 2024

Important Events

EventsDates
CAT 2024 Result Date
Tentative
Dec 26, 2024

Expired Events

EventsDates
CAT 2024 Exam DateNov 24, 2024
Submission of mark sheet/degree certificate (for students currently in the final year) (PGDM)Oct 31, 2024
CAT 2024 Admit Card DateOct 25, 2024

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NIBM Cutoff 2024

Exams

NIBM, XAT Cutoff 2023

NIBM, XAT Cutoff 2023 for General Category is listed below. The overall cutoff percentile for XAT is 75

Courses
Round 1
(Cutoff percentile)
Compare
75

NIBM, CMAT Cutoff 2023

NIBM, CMAT Cutoff 2023 for General Category is listed below. The overall cutoff percentile for CMAT is 85

Courses
Round 1
(Cutoff percentile)
Compare
85

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NIBM Fees & Eligibility

Full time Courses
CourseFeesEligibilityApplication DateAction
PG Diploma
1 Course
8 Lakhs (1st Year Fees) Graduation20 Apr 2024

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COURSEADMISSION LINK
MBA/PGDM, Admission Link

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NIBM: 1 Answered Question

What is the criteria to get into NIBM?

Oishi ChaterjeeMBA (B&FS) at NIBM,Pune

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.

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