PGDBM: Eligibility, Admission, Top Colleges, Syllabus, Jobs and Skills 2023

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Sounak Banerjee

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PGDBM stands for Post Graduate Diploma in Bank Management which is a 2-year course in Diploma which can be done after graduation. It deals with controlling various activities involved in the Banking field. They get involved and trained in various activities in banking sectors such as financial relations, risk, and liquidity management, etc.

The eligibility criteria for PGDBM is a 10+2 or identical qualification in most preferably commerce streams from a recognized university, college, or educational board. Some of the top PGDM colleges in India are ICFAI University, MSU, Vadodara, Amity University, Noida, IMI, New Delhi, etc.

The admission Post Graduate Diploma in Bank Management is based upon merit or entrance exams whereas the entrance exams for this PGDBM would differ from university to university and even depends upon the merit obtained in the previous and last qualifying exam. The average fee for PGDBM in India varies between INR. 35,000- INR.4,00,000 for the entire 2 years of course duration. Check MBA Full Form 

Once candidates complete the PGDBM course, there’s no lack of job opportunities for the students, they get hired by companies like HDFC, ICICI, AXIS, INDIAN, CANARA, SYNDICATE, IDBI Bank, Bank of Baroda, Royal Bank of Scotland, Birla global finance limited, JP Morgan, etc.

They get hired for the job profiles like Credit Analyst, Sales Manager, Baking Executive, Manager, Banking Assistant, Banking Officer, Branch Head, Banking Executive, Imperia Relationship Manager, Financial Analyst, Cluster Head, Relationship Manager, Sales Executive, etc. 

They are also hired in some top employment areas like, Private and Public Sector Banking, Retail Branch Banking, Business Banking, Marketing Companies, Educational Institutes, Corporate Banking, and etc,

The average salary PG would earn varies between INR. 2,50,000- INR. 9,00,000 per annum in the industry. This income goes on increasing with the hands full of experience in the industry.

Also See: How to Become a Business Development Manager

PGDBM Course Details

Type of Course Post Graduate Diploma Course in Bank Management
Duration 2-Years [including 2-3 months of internship]
Examination Type Regular
Eligibility The eligibility criterion for this course is a 10+2+3 or identical qualification in most preferably commerce stream from a recognized university, college, or educational board, with a minimum aggregate score of 50%.
Admission Process Merit-based or Entrance exam-based or based on counseling once they qualify for the entrance exam following with Personal Interview.
Average Fees INR.15,000- INR,4,00,000
Average Salary INR.2,50,000- INR.9,00,000 Per annum in starting
Top Recruiting Companies HDFC, ICICI, AXIS, INDIAN, CANARA, SYNDICATE, IDBI Bank, Bank of Baroda, Royal Bank of Scotland, Birla global finance limited, JP Morgan, etc
Job Positions They get hired for the job profiles like Credit Analyst, Sales Manager, Baking Executive, Manager, Banking Assistant, Banking Officer, Branch Head, Banking Executive, Imperia Relationship Manager, Financial Analyst, Cluster Head, Relationship Manager, Sales Executive, etc.

About PGDBM Course

Post Graduate Diploma in Bank Management or PGDBM is a 2-year post-graduation course that deals over-controlling of numerous activities in the Banking Sector. PGD mentions a continuous process of controlling numerous activities in the Banking sector risk management, liquidity management, Human resource management, etc. including financial analysis, and building financial relations. 

Those students who desire to gain leadership roles and positions in banks and financial sectors are truly acceptable for PGDBM. They should even acquire a strong understanding of the financial as well as the banking sector.

This course is divided into three trimesters and training or internship is mandatory in few institutions. This course is available in regular mode as well as in the mode of distance learning in some colleges and universities.

The average fees for this course in government universities range from INR.15,000 to INR 4,00,000 for private institutions.

PGDBM focuses on communicating the current and newest knowledge of technology to the students to put them together for Bank Management. It even provides students with a common perspective. This course focuses to prepare the students to forget to grips with the business and banking provocation and challenges in the competitive market location.

Post Graduate Diploma in Bank Management has been designed with an energetic and dynamic curriculum to offer the students expert knowledge about the expanding line of Banking Management. A well-executed Banking management system has been noticed as the main tool in the victory of today’s foremost banking sector

Why Study PGDBM?

The motive of PGDBM is to provide the students with the practical training and knowledge to make them experts in this field.

PGDBM will help the students to pursue and excel in the commerce or management field. It also prepares graduates to step up in the corporate world with the experience of numerous activities in the Banking sector. It provides financial, corporate as well as professional knowledge that one can adopt for a better future.

  • Students would pursue and excel in the commerce and banking management field,
  • Students with high bent and interest in the administration of numerous activities in the Banking sector,
  • This program is suitable to obtain the knowledge of modern methods of resolving the problems of bank management as well as to make new conclusions.
  • Students prepared for higher degrees such as research work after its conclusion also are suitable for this course.

Students in PGDBM are Prepared to - 

  • Establish enduring solutions to numerous operations in the banking sector,
  • This course specializes in bank management to provide with in-depth knowledge regarding the banking sector,
  • It deals with communicating and conveying the latest and new knowledge of technology for the banking sector and management,
  • Students learn investigating and analytical skills to acquire, understand, and implement numerous opportunities in banking,
  • It implants the ability to control banking activities like human resources, building financial relations, risk management in banking sectors, etc.
  • It authorizes the communication of professional knowledge and training in the banking sector and environment.

Advantages

Employment opportunities in this field have experienced a remarkable jump during the past few years. It has numerous placements in both national and international companies, and sectors. Candidates in this field can get placed in high profile jobs such as-

  • Employment in government, private, corporate, and educational banking sectors as Banking Executive, Imperia Relationship Manager, Financial Analyst, Cluster Head, Relationship Manager, Sales Executive, etc.
  • As a professor, lecturer, or teacher at universities and colleges for the subject,
  • They are also hired in some top employment areas like Private and Public Sector Banking, Retail Branch Banking, Business Banking, Marketing Companies, Educational Institutes, Corporate Banking, and etc,
  • Students can also proceed for Ph.D. in banking management after completion of PGDBM.

PGDBM Admission Process

The admissions in PGDBM are done in two ways-

  • Merit-based,
  • Entrance-based,

Candidates, qualifying through the entrance exams, will be further judged and selected via their performance in the counseling based. Students are compulsorily required to attend the respective entrance exams and should necessarily meet the requirements in order to get admission in the college they desire. 

Some colleges do have both ways i.e., Merit-based as well as Entrance-based exams for admission in this particular course. It is purely done by the state or national level entrance exam. Students must appear for the entrance exam for admission. Merit-based or Entrance exam-based or based on counseling once they qualify for the entrance exam. 

Usually, universities in India conduct their own entrance exams, apart from central and state universities, private or deemed universities even conduct their own entrance exams. Few institutes also give direct entry to the students on the basis of their 10+2+3 grade score without any entrance exam.

Eligibility Criteria

  • The basic eligibility criteria for PGDBM is a 10+2+3 or identical qualification in most preferably commerce streams from a recognized university, college, or educational board, with a minimum aggregate score of 50%.
  • The candidates who have completed 10+2+3 years of their education [Graduation].
  • There’s a minimum aggregate score of 45% for SC/ST candidates at 10+2+3 levels.
  • Candidates from SC/ ST/ OBC categories are eligible for admission only if they obtain minimum passing marks.

NOTE- This eligibility criterion may vary from institute to institute.

Admission 2023

The common procedure with which the majority of colleges and universities go is as follows-

STEP I - The applicants are required to visit the official websites of the respective colleges and click and get into the admission section.

STEP II - Then the students are supposed to fill in the admission form and the details within it such as name, address, age, under graduation pass-out year, parents/ guardian’s name, marks secured in their graduation, upload photographs, etc.

STEP III - Then students are supposed to pay the required fee for submission of the admission form online and submit it. (If applicable for the college because most of the colleges do charge fees for admission form)

STEP IV - There are two ways by which colleges or universities take admission i.e., Merit-based and Entrance-based. 

So, if the college or university decides to intake students on a merit basis, which is done directly on the basis of the marks scored by the student in graduation examination, mail or message will be sent to the students on the registered mobile number and if your name occurs on the merit list then you’ll be called for counseling and then you’re supposed to pay the fees so as to complete the admission process.

STEP V - If the college/ university decides to opt for entrance exams for the selection of the students, then an admit card would be released on the official website of the college once students are done registering themselves, and then the students are requested to download it.

  • An admit card is the essential document that is to be carried by the students to the exam hall.
  • The results for the entrance exam will be published on the official website of the respective college on the mentioned date. Students are just supposed to check the list if posted or to log in with the details and check whether they have got admitted or not.
  • After checking the results students are required to pay the fees, submit the necessary documents to the college and confirm their admission.
  • Most of the colleges and institutions admit the students on the basis of the marks they score in the entrance test, which is often followed by a round of personal interviews where the student's general aptitude is tested.

NOTE- The admission process for the PGDBM course generally differs across colleges and universities some opt for direct admission wherein some go for entrance exams.

Entrance Exams

The entrance exams differ university-wise, as colleges set their own entrance exams for this course.

Most of the colleges and institutions admit the students on the basis of the marks they score in the entrance test, which is often followed by a round of personal interviews where the student’s general aptitude is tested. 

The admission process generally differs across colleges and universities some opt for direct admission wherein some go for entrance exams. Some colleges/ universities accept the scores of different entrance exams like CAT, CMAT, GMAT, MAT, ATMA, XAT, MAH-CET, etc., for the PGDBM course.

Entrance Exam Registration Date Exam Dates
ATMA 1st week of June 2023 July 23, 2023
CAT August 3, 2023 November 26, 2023
CMAT February 13, 2023 To be Announced
GMAT To be Announced To be Announced
NMAT September 2023 November 2023
SNAP 2nd week of August 2023 2nd week of December 2023
XAT To be Announced To be Announced

Types of PGDBM Courses

PGDBM is available in 2 types. The students can opt for any way which is convenient for them. The course is available in Full time, Distance learning as well as online learning.

Full-Time

  • The full-time course here states that the students are supposed to attend all the lectures for the course physically for the entire 3 years till their PG is completed. They’re even supposed to do all the project as well as assignment work and are supposed to give all the internal evaluation exams, this course even consists of an internship of 2-3 months which is foremost mandatory.
  • It is a program that integrates the understanding and creation of the latest and modern system and activities in the Banking sector.
  • Students are given the training in research tools and techniques in command to develop a positive and productive attitude towards research.
  • Many universities and colleges also offer unsegregated courses which are 5 years of duration which settle both PG and Ph.D. programs.

Part-Time

This type, of course, is for working professionals who can’t attend a regular course. Students need to clear 10+2+3 levels with a specified cut-off rate. The eligibility criteria are the same as for the regular full-time students.

PGDBM Distance Education

Distance learning education in this course is also a 2-year undergraduate program that is open to everybody who has successfully completed a 10+2+3 level from an authorized and accredited university/ college.

The online learning program usually replaces traditional classroom instruction. The students who study in this way study through online lessons. Faculties and teachers may teach lessons from wherever they want, and at whatever time they want to teach.

This program and teaching-learning structure provide students with a deep understanding of the disciplines they have learned in their degree. It even helps students to study and learn new things at the same time and even helps to earn. 

The plus point of opting for this form of studying is students have access to a wide variety of colleges and universities by sitting and staying at one place they can even study from abroad colleges and so it even reduces their miscellaneous cost.

It is flexible as well as affordable for the working individuals and the students who can't opt for the regular mode.

Admission Process

The admission procedure for distance education is similar to that of regular mode which can be done by applying directly to the colleges by filling their admission forms through their official websites respectively.

Notification of admissions usually starts in the month of March to May every year and students are required to obtain a Bachelor’s degree certificate and mark sheet along with their other identification documents and a minimal registration fee or application fee of INR. 1000.

It depends upon the college/ university whether they select the procedure to be Merit-based or Entrance-based, students are supposed to be ready for anything. In both procedures students are required to submit the documents to the college/ university once admission is confirmed and fees are paid. Herein, the entrance exam is conducted online.

Students are just supposed to submit their mark sheet for UG, 3 envelopes that are self-attested, and even the copy of S.S.L.C/S.S.C., etc page so as to prove the date of birth and passing certificate of UG.

Top Colleges

The table below shows a few best colleges for PGDBM Distance learning program-

NAME OF THE COLLEGE/ UNIVERSITY FEES (INR) (AVERAGE)
Dr. Babasaheb Ambedkar Open University INR.15,000
Indira Gandhi National Open University INR.16,500
University of Jammu INR.7,335

PGDBM Syllabus

  • In harmony with the latest trends, technology, and demands from the banking industry, the syllabus of this course is designed and revised accordingly.
  • It also aims at magnifying, improving, and boosting the knowledge and polishing the skills of the students that are applicable in industry and management,
  • It encompasses core courses, electives, and practicals.
  • It starts with the footing concepts of the degree and federated fields.

Students are given the training in research tools and techniques in command to develop a positive and productive attitude towards research and Students with a high bent and interest in the numerous activities in the Banking sector/ management.

PGDBM Subjects

The conveyance methods for this course involve theoretical classes, hands-on practical, etc. The syllabus for this course differs from institution to institution but it generally covers the following topics -

Trimester I Trimester II
Macro-economic principles in banking and finance Mutual funds
Macro-economic principles in banking and finance Wealth management
Capital markets and financial services Security analysis and portfolio management
Management Principles SME and agricultural financing/macro credit
Banking regulations and legal aspects Organizational behavior and people management
Retail banking Insurance products: operations/marketing
Marketing management Service products, cash management, and cross-selling
- Corporate credit influences project finance
Trimester III
Valuation techniques International banking and forex management
Treasury Management Strategic management
NPA management Derivatives and risk management (including commodity derivatives)
Technology applications in banking -

PGDBM Top Colleges in India

India with its implanted tenor and spirit of welcoming foreigners has followed the path of ‘Atithi Devo Bhava’ thus alluring students from all over the world for centuries. 

It is becoming and rising as the most preferred destination for students to pursue their education as there is a precipitous increase in the number of students over the last few years. Recently the government of India has also increased the number of enrolments of international students so as for all the streams.

Accordingly, PGDBM is also one of the well-known courses in India which are opted by a massive group of students. So, the top PGDBM college are-

Top Abroad Colleges

As mentioned above India is becoming an emerging country in the field of education, but so is higher education such as masters, doctoral degrees, etc. Indian students do prefer going abroad so as for job opportunities as well as for some exposure.

Since the applicant would be going to pursue a PGDBM and not limited to a single field, there are some exams one needs to give first before applying in any country for this course. So, the common exams one needs to give are-

  1. 10+2+3 level degree from a recognized university/ study board
  2. Portfolio of past work experience
  3. IELTS TOEFLPTE
  4. Statement of purpose
  5. Letter of recommendation
  6. Resume [CV]
  7. Admission essay

Applications for the colleges are online. So, the candidates are required to read the guidelines of the college that they’ve selected before submitting their international student application form. 

For applying abroad there’s always an application fee charged so students are supposed to pay the application fee and also attach all the relevant documents of the entrance exams given and all the documents necessary. Every university and college has a deadline for application submission. Candidates seeking financial aid should apply early to start the scholarship process.

Once you get the confirmation about your admission abroad you should rush for the Visa process which usually takes much time. Visa would be given to you according to your duration of course. Once your visa is approved then it’s just shopping, packing, and flying.

The below table presents the list of top PGDBM colleges abroad -

NAME OF THE COLLEGE/ UNIVERSITY AVERAGE ANNUAL FEES (INR)
Management Centre Innsbruck INR 64,287.19
Algonquin College INR 8,36,132
Business Academy, Aarhus INR 6,10,000
Concordia University INR9,85,662
Jinan University INR 5,67,000
University of Winnipeg INR 8,01,771
Geneva Business School INR 23,00,000
Thompson Rivers University INR 24,05,313
Esca School of Management INR 6,90,253.60
Durham College INR 8,59,040

PGDBM Jobs

In PGDBM, there is no scantiness of shining and astonishing hope or expectations.

Once the course is completed there’s no lack of job opportunities for the PGs, they get hired by companies like HDFC, ICICI, AXIS, INDIAN, CANARA, SYNDICATE, IDBI Bank, Bank of Baroda, Royal Bank of Scotland, Birla global finance limited, JP Morgan, etc. 

They are also hired in some top employment areas like, Private and Public Sector Banking, Retail Branch Banking, Business Banking, Marketing Companies, Educational Institutes, Corporate Banking, and etc.

They get hired for the job profiles like Credit Analyst, Sales Manager, Baking Executive, Manager, Banking Assistant, Banking Officer, Branch Head, Banking Executive, Imperia Relationship Manager, Financial Analyst, Cluster Head, Relationship Manager, Sales Executive, etc. 

They are also hired in some top employment areas like, Private and Public Sector Banking, Retail Branch Banking, Business Banking, Marketing Companies, Educational Institutes, Corporate Banking, and etc.

The average salary PG would earn varies between INR. 2,50,000- INR. 9,00,000 per annum in the industry. This income goes on increasing with the hands full of experience in the industry. Check out the top job profiles for candidates having the PGDBM degree, below.

JOB PROFILE JOB DESCRIPTION AVERAGE ANNUAL SALARY [INR]
Relationship Banker They work with their clients and help them with their account problems and accounts, and to make the relevant decisions and them the financial services. They even communicate with new customers and inform them about all the new trends and required information. The new items, products, and rules are being investigated by them. INR.1,90,000- INR. 8,20,000
Financial Manager They are responsible for monitoring accounts and doing market analysis. They’re even responsible for making an activity report for the review of final reports. INR.9,00,000- INR.9,50,000
Investment Banker They carry out numerous client tasks, but their main responsibility is to collect or obtain cash, whether it be debt or equity through security insurance. They also offer outcomes to their customers for the sake of financial services and to make the right decisions. INR.9,00,000- INR.10,00,000
Loan Counselor Their main focus is to help the customers to understand their financial position and advise them with the relevant lending options with loan limits, conditions, and payback rules. INR.2,50,000- INR.3,50,000
Banking Officer They are authorized and responsible for general banking transactions, which also include loans, client relations, accounting procedures, etc. INR.3,80,000- INR.5,00,000
Credit Analyst Their main focus is to pay foremost attention to the analysis of the customer's financial data, and organizations that do ask for loans or credit to ascertain the risk of the debts from banks, or credit-supplying institutions. INR.2,00,000- INR.11,00,000

Top Recruiters

  1. HDFC,
  2. ICICI,
  3. AXIS,
  4. INDIAN,
  5. CANARA,
  6. SYNDICATE,
  7. IDBI Bank,
  8. Bank of Baroda,
  9. Royal Bank of Scotland,
  10. Birla global finance limited,
  11. JP Morgan, etc.

PGDBM Scope

PGDBM has both national as well as international opportunities. Students after completing this course can get the high profiles jobs in the areas such as-

  1. Lecturer/Professor for the subject,
  2. Credit Analyst,
  3. Sales Manager,
  4. Baking Executive,
  5. Manager,
  6. Banking Assistant,
  7. Banking Officer,
  8. Branch Head,
  9. Banking Executive,
  10. Imperia Relationship Manager,
  11. Financial Analyst,
  12. Cluster Head,
  13. Relationship Manager,
  14. Sales Executive, etc.

This course enables the students to go for higher degree programs such as doctoral degrees, etc.

The pay scale for candidates with this degree ranges by job title and according to the work experience of the students-

  1. A candidate who’s a fresher and holds this degree would get an average minimum salary of INR. 2,00,000 per annum.
  2. This income goes on increasing with the hands full of experience in the industry.
  • Ph.D. DOCTOR OF PHILOSOPHY

After completion, students can also opt for a doctoral degree i.e., Ph.D. in the top-most universities.

  • PURSUE M. Com

Students can also pursue M. Com, many students after completing this course often opt for M. Com for better career prospects.

  • To enhance their knowledge students also pursue numerous certified courses like FLIP CERTIFICATION, CFA COURSE, etc.

PGDBM FAQs

Ques. Which country is the best for PGDBM?

Ans. USA, UK, Germany, Canada, and Australia are popular destinations.

Ques. What are the eligibility criteria for PGDBM?

Ans. The eligibility criterion for this course is a 10+2+3 or identical qualification in most preferably commerce stream from a recognized university, college, or educational board, with a minimum aggregate score of 50%. 

The candidates who have completed 10+2+3 years of their education. There’s a minimum aggregate score of 45% for SC/ST candidates at 10+2+3 levels. Candidates from SC/ ST/ OBC categories are eligible for admission only if they obtain minimum passing marks.

Ques. What is the duration of the entire course?

Ans. The duration of the entire course is 2 years which also includes 2-3 months of Internship.

Ques. What is the best career option after PGDBM?

Ans. Students do usually get onto jobs after their PG, and few to enhance knowledge opt for few certified courses like CFA, FLIP CERTIFICATION, etc.

Ques. What are the eligibility criteria for an international student who wants to study PGDBM?

Ans. The basic prior criterion for the international students is that the applicant must have passed a 10+2+3 degree or equivalent degree with a minimum of 50% marks or equivalent CGPA.

Ques. Can I get admission into this course if I wasn’t having Mathematics as my subject till the 10+2+3 level?

Ans. Yes, you can surely get admission into this course even without having Mathematics as your subject in 10+2 levels.

Ques. Can I study abroad for free?

Ans. It is true that universities abroad have higher fees as compared to in India. Students are required to pay tuition fees and also are supposed to have enough funds to support their stay in the host country. 

Deserving students can apply for scholarships to lessen the financial burden. Germany is one such country that doesn’t take tuition fees for its public universities.

Ques. What is the benefit of pursuing a PGDBM?

Ans. Establish enduring solutions to numerous operations in the banking sector,

  • This course specializes in bank management to provide with in-depth knowledge regarding the banking sector,
  • It deals with communicating and conveying the latest and new knowledge of technology for the banking sector and management,
  • Students learn investigating and analytical skills to acquire, understand, and implement numerous opportunities in banking,
  • It implants the ability to control banking activities like human resources, building financial relations, risk management in banking sectors, etc.

It authorizes the communication of professional knowledge and training in the banking sector and environment

Ques. Is the admission process of regular students and distance education students different?

Ans. No, the admission process of a regular student as well as the distance education student is the same in all ways. It depends upon the college/ university whether they select the procedure to be Merit-based or Entrance-based, students are supposed to be ready for anything. 

In both procedures students are required to submit the documents to the college/ university once admission is confirmed and fees are paid. Herein, the entrance exam is conducted online.

Ques. Is there any entrance exam for this course?

Ans. The entrance exams differ from university to university, as universities/ colleges set their own entrance exams for this course but few famous exams are CMAT, CAT, MAH-CET, etc.

Most of the colleges and institutions admit the students on the basis of the marks they score in the entrance test, which is often followed by a round of personal interviews where the student’s general aptitude is tested. The admission process generally differs across colleges and universities some opt for direct admission wherein some go for entrance exams.

Post Graduate Diploma in Bank Management [PGDBM] : 3 answered questions

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Ques. Should I join the ICICI Manipal University PGDB program for PO?

● Top Answer By Pradip Banerjee on 15 Jul 21

Ans. The ICICI Manipal University PGDB program for Probationary Officers (PO) is an initiative by ICICI Bank to create bankers with relevant skills and knowledge. Eligibility: Any graduate up to 27 years of age having a minimum of 55% in any discipline can apply for the program. However, the selection depends on the multi-level rounds. Online Aptitude Test Online Psychometric Questionnaire Case-Based Group Discussion (GD) Personal Interview (PI) GD and PI will be on the same day. The final merit list of the selected candidates is released. Terms of Program: The first four months are for classroom teaching. The next two months are for an Internship at ICICI Bank. Another two months for Classroom teaching again. The last four months are for On-the-Job training. Outline of Program: It is the one-year full-time residential program conducted at ICICI Manipal Academy (IMA) campus, Bengaluru. The campus has a state-of-art infrastructure with a computer lab and simulator. It includes internship and on-the-job training at ICICI Bank. The faculty is trained time-to-time and uses innovative pedagogy tools to give rich learning to the students. The program teaches core banking areas like banking products, compliances, operations, processes, and systems. Students can choose their specialization in retail banking. The aggregate program fee is INR 3,71,700. The best things are that you get an option to self-fund for the program or take an education loan from ICICI Bank. After the program, you will get a position as Deputy Manager Band-I Grade in ICICI Bank and a Post Graduate Diploma in Banking from Manipal University. Overall, it is the best program for people who are inclined towards making a career in banking.Read more
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Ques. What is the exact fee structure of XLRI Jamshedpur for PGDBM?

● Top Answer By Dikhsha Agarwal on 18 Apr 23

Ans. XLRI Jamshedpur PGDBM Program Fee is Rs. 14 lakhs, paid over 4 installments as follows: Installments I II III IV Rs.  4.5 Lakhs 3.5 Lakhs 3 Lakhs 3 Lakhs The fees include the cost of textbooks, reading materials, library resources, accommodation and boarding during the three mandatory campus immersion programs at Jamshedpur but exclude the travel and related costs. Scholarships To ensure the diversity of the participants, the following scholarship amount shall be adjusted from the total fees. A candidate can avail both scholarships for woman candidate and ST/SC candidate. Category Amount Woman candidate Rs 1,00,000/- ST/SC candidate Rs 1,00,000/- The top performers of the batch are also eligible for academic scholarships of Rs. 50,000/- at the end of first year.Read more
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Ques. What is a better choice for PGDBM IRMA or NIBM?

● Top Answer By Akanksha Jain on 29 Oct 20

Ans. National Institute of Bank Management (NIBM) is among India's reputed business schools well known for Finance and Banking whereas the Institute of Rural Management Anand (IRMA) is a Premier Business School especially known for Rural Management. IRMA has bagged a NIRF Rank of 72 and NIBM has been ranked 88th in the top B-Schools list. It has been ranked 8th among top colleges of Hyderabad by The Week and Business Today. The table given below shows a brief overview of both institutions: Particulars IRMA NIBM Rank 72 88 Fees 13 Lakhs 1.2Lakhs Highest Package 52 LPA 18LPA Average Package 10.80LPA 10LPA Placement Percentage 100% 100% Admission Process NIBM: The fee structure for the entire duration of 2 years is INR 12,00,000, involving hostel and mess charges. The seat intake is around 120 seats. Online Application Mode. CAT,XAT(80%),CMAT(95%) exams are accepted here. Followed by writing tests and interviews. IRMA Admissions in ISBR is based on the ISBR written performance, Group Discussions, and Interview.  IRBM costs 4LPA for MBA/ PGDM. 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 24*7. IRMA The campus is equipped with state-of-the-art facilities like lecture halls, seminar rooms, a library, an auditorium, Supports formal training and development center, hostels, a student activity center, faculty & staff housing, a dispensary, etc. Placements NIBM NIBM assures 100% placement. The highest package calculated is around INR 18 LPA INR 10 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. IRMA IRMA's highest package records to be INR 13 LPA. INR 5.9 LPA is estimated to be the average package. The placement rate was measured to be 80%. The placement range of both the institutes is pretty the same. With respect to Brand Value, IRMA has an edge over NIBM. But many people lack interest in Rural Management. Hence the choice is up to you and your area of interest.Read more
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