The National Institute of Bank Management (NIBM) is a most beneficial organization for studies, schooling, and consultancy in banking and finance. Established in 1969 via the Reserve Bank of India, NIBM is positioned in Pune, Maharashtra. With a mission to enhance the skill units of experts inside the banking region, NIBM offers a variety of packages, such as Post Graduate Diploma in Management (Banking and Financial Services), short-time period executive programs, and custom designed schooling guides for economic establishments.
National Institute of Bank Management Highlights 2024
Feature |
Description |
Faculty |
A team of highly qualified and experienced faculty members with industry expertise. |
Curriculum |
A rigorous and up-to-date curriculum designed to equip students with the knowledge and skills needed to succeed in the Indian banking and finance sector. |
Placements |
A strong placement record with a focus on securing placements for students in top-notch Indian banks and financial institutions. |
Industry Relations |
Strong ties with leading Indian banks and financial institutions, providing students with internship and networking opportunities. |
Infrastructure |
State-of-the-art infrastructure, including well-equipped classrooms, libraries, and computer labs. |
National Institute of Bank Management Important Dates 2024
Event |
Date |
Application Deadline |
March 31, 2024 |
Entrance Exam |
April 15, 2024 |
Result Declaration |
May 15, 2024 |
Counseling and Admission |
June 1, 2024 - June 15, 2024 |
Class Commencement |
July 1, 2024 |
Mid-Semester Break |
October 15, 2024 - October 31, 2024 |
End-Semester Examination |
December 1, 2024 - December 15, 2024 |
Result Declaration |
January 15, 2025 |
Convocation |
February 15, 2025 |
National Institute of Bank Management Courses & Fees 2024
Course |
Duration |
Post Graduate Diploma in Banking and Finance (PGDBF) |
2 years |
Master of Business Administration in Banking and Finance (MBA-BF) |
2 years |
Master of Financial Control (MFC) |
2 years |
Master of Financial Management (MFM) |
2 years |
Doctor of Philosophy (Ph.D.) in Banking and Finance |
3-5 years |
National Institute of Bank Management NIRF Ranking 2024
Year |
Rank |
2023 |
3 |
2022 |
12 |
2021 |
9 |
2020 |
10 |
National Institute of Bank Management Admission Process 2024
Eligibility:
- Bachelor's degree from a recognized university with a minimum of 50% marks (or equivalent CGPA)
- Valid score in any of the following entrance exams: CAT, XAT, CMAT, or GMAT
Selection Process:
The selection process for NIBM's postgraduate programs consists of the following steps:
Online Application: Eligible candidates must submit an online application form on the NIBM website. The application form requires personal details, academic qualifications, entrance exam scores, and work experience (if applicable).
Shortlisting: Based on the application form and entrance exam scores, a shortlist of candidates is prepared for the next stage.
Written Ability Test (WAT): Shortlisted candidates are invited to participate in a Written Ability Test (WAT) to assess their written communication skills.
Group Discussion (GD): Shortlisted candidates are further assessed through Group Discussions (GDs) to evaluate their teamwork, communication, and problem-solving abilities.
Personal Interview (PI): Finally, shortlisted candidates are invited for Personal Interviews (PIs) to assess their overall suitability for the program and their fit with NIBM's culture.
National Institute of Bank Management Placements 2024
Company |
Package (LPA) |
Accenture |
12-16 |
Deloitte |
12-16 |
Axis Bank |
12-15 |
Cognizant |
12-14 |
EY |
12-15 |
HDFC Bank |
12-15 |
Genpact |
12-14 |
HSBC |
12-15 |
National Institute of Bank Management Scholarships 2024
-
NIBM Merit Scholarship: This scholarship is awarded to students who have demonstrated exceptional academic performance. The scholarship amount is Rs. 1 lakh per annum.
-
ICICI Bank Merit Scholarship: This scholarship is awarded to students who have secured a high percentile in the CAT exam. The scholarship amount is Rs. 1 lakh per annum.
-
HDFC Bank Merit Scholarship: This scholarship is awarded to students who have a strong academic record and a proven track record of extracurricular activities. The scholarship amount is Rs. 1 lakh per annum.
National Institute of Bank Management 2024 FAQs
NIBM is an autonomous institution established by the Reserve Bank of India to provide training, research, and consultancy services in the field of banking and finance.
NIBM offers various programs, including the Post Graduate Diploma in Management (Banking and Financial Services), executive education programs, and customized training for banking professionals.
Details about the admission process, including application forms, eligibility criteria, and important dates, are usually available on the NIBM official website. Prospective students can follow the guidelines provided for the specific program they are interested in.
The eligibility criteria typically include a bachelor's degree from a recognized university or institution. Specific criteria may vary depending on the program.
NIBM has a placement cell that facilitates interactions between students and potential employers. The institute has strong industry connections, and many students secure placements in reputed financial institutions.
Information about scholarships, financial aid, or fee concessions may be available on the NIBM website or through the admission office. Eligibility criteria and application procedures for such programs are typically outlined in the relevant documentation.
The duration of the Post Graduate Diploma in Management (Banking and Financial Services) program at NIBM is typically mentioned in the program details. It is a full-time residential program.
Many management programs at NIBM include industry exposure and internship opportunities as part of the curriculum. The institute collaborates with banks and financial institutions for practical training.
NIBM may admit international students. Additional requirements, such as English language proficiency tests, may apply. Details can be found in the admission guidelines.
Contact details for the admissions office, including phone numbers and email addresses, are typically available on the NIBM official website. Prospective students can use these details to get in touch for inquiries.
Yes, NIBM is involved in research activities in the field of banking and finance. The institute publishes research papers, articles, and contributes to the development of the banking sector.