National Institute of Bank Management – NIBM Entrance Exam 2021

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National Institute of Bank Management (NIBM) was established in 1969 by the Reserve Bank of India, in consultation with the Government of India, as an autonomous apex institution for research, training, education and consultancy in bank management. Its mandate is to play a proactive role of “think-tank” of the banking system. NIBM is part of the grand vision of giving a new direction to the banking industry in India and making the industry a more cost-effective instrument for national development. Therefore, helping the managers in their endeavour to make their organizations competitive both in domestic and international markets is the mission of the Institute. NIBM, an autonomous academic institution, is governed by a Board, its highest policy-making body. The Governor of the Reserve Bank of India (the central bank of the country), is the Chairman of the Governing Board.

The Institute is engaged in Research (policy and operations), Training & Education of senior executives of banks, and provides Consulting support to the banking and financial sector. As an institution of advanced learning, NIBM is well-equipped to train executives to function in a multi-cultural and multi-national environment. By providing interdisciplinary modules of theory and practical learning, participants are equipped to become masters in problem-solving. In a year the Institute, on an average, conducts about 150 Training Programmes in various functional areas and also Conferences and Seminars addressing issues of topical concern to the banking and financial services industry. Over 3500 participants, including about 250 from various developing nations attend NIBM training programmes every year.

The Institute is located in sylvan surroundings in a picturesque valley within the Pune city in the State of Maharashtra. The Campus is spread over a 60-acre plot of undulating landscape with minimum of distraction and pollution. It has its own self-contained campus with complete residential and educational facilities.

The Post-Graduate Programme in Banking and Finance (PGPBF), introduced in the year 2003-04 to groom new generation managers for the banking and financial services industry, is an additional key identity of the Institute. The PGPBF has been renamed as Post-Graduate Diploma in Management (Banking & Financial Services) – PGDM (B&FS) following recognition by AICTE, from 2013 onwards.

Vision of the Institute

“The National Institute of Bank Management will be the trustee for India for helping to create world-class, competitive banking and financial services capabilities. The Institute would endeavour to offer knowledge-based products and services in the field of bank management that are as good as, if not better than, the best anywhere in the world. While much of the products of the NIBM would be of universal interest, there would also be a focus on the legal and institutional aspects specific to India. The NIBM will be the preferred partner for enabling vision, strategies, organization, systems, technical, managerial and leadership competencies in the banking and financial sector, so as to help retain a high share of the domestic market, as well as capture a significant share of the global market.”

Role of the Institute

  • To be the main research and academic arm of the banking industry for continuously upgrading the knowledge and skills relevant for its top management.

  • To be the storehouse of data and information of all new and emerging issues in the banking sector.

  • To be the catalyst in helping banks to secure their financial position and make them world-class.

  • To be a change agent in the overall functioning of the banking system and facilitate the ushering in of professionalism in the banking and financial system of the country.


NIBM will use scores of CAT 2020 / XAT (2021) / CMAT (2021) for short-listing candidates for Writing Ability
Test and Personal Interview.
The candidate must hold a Bachelor’s Degree, with at least 50% marks (45% marks in case of candidates
belonging to reserved category) or equivalent CGPA, awarded by any of the Universities incorporated by an act
of the central or state legislature in India or other educational institutions established by an act of parliament or
declared to be deemed as a University under Section 3 of the UGC Act, 1956, or possess an equivalent
qualification recognized by the Ministry of HRD, Government of India. The percentage of marks obtained by the
candidate in the bachelor’s degree would be calculated based on the practice followed by the
university/institution from where the candidate has obtained the degree. In case the candidates are awarded
grades/CGPA instead of marks, the conversion of grades/CGPA to percentage of marks would be based on the
procedure certified by the university/institution from where they have obtained the bachelor’s degree. In case
the university/ institution does not have any scheme for converting CGPA into equivalent marks, the equivalence
would be established by dividing the candidate’s CGPA by the maximum possible CGPA and multiplying the
result with 100.

Candidates appearing for the final year of bachelor’s degree/equivalent qualification examination and those who
have completed degree requirement and are awaiting results can also apply. Such candidates must produce a
certificate from the Principal/Head of the Department/Registrar/ Director of the University/Institution certifying
that the candidate is currently in the final year/is awaiting final results and has obtained at least 50% marks or
equivalent based on latest available grades/marks. Such candidates, if selected, will be allowed to join the
programme provisionally only if they submit a certificate latest by June 30, 2021 from the Principal/Registrar of
their college/institute (issued on or before June 30, 2021) stating that they have completed all the requirements
(the results may, however, be awaited) for obtaining the bachelor’s degree/equivalent qualification on the date of
issue of the certificate. Their admission will be confirmed only when they submit the mark sheet and a certificate
of having passed the bachelor’s degree/equivalent qualification referred to in the certificate issued by Principal/Registrar of their college/institute with at least 50% marks (45% marks in case of candidates belonging
to reserved category). The deadline for submission of the mark sheet and the certificate is October 31, 2021.
Non-fulfillment of this condition will automatically result in the cancellation of the provisional admission. NIBM
National Institute of Bank Management, Pune  Post Graduate Diploma in Management (Banking & Financial Services) (AICTE Recognized) Admission 2021-2023  would not allow any candidate to join the programme in case the candidate is unable to complete all the requirements for a bachelor degree on or before June 30, 2021.
Instances of any incorrect information and process violation detected at any stage of the selection process will
lead to disqualification of the candidate from the selection process. If such instances go undetected during the
current selection process but are detected in subsequent years, such disqualification will take place with
retrospective effect.


  • Finance

  • Information Technology

  • Rural Finance and Development

  • Human Resource Managment

  • Money International Banking & Finance

  • Strategic Planning, Marketing and Control


NIBM Pune will follow Government of India reservation policy for admission to PGDM (B&FS). It should be
noted that while it is the endeavor of NIBM, Pune, that the candidates belonging to EWS/NC-OBC/SC/ST/PwD
categories join the programme in proportions mandated by the law, they have to meet the eligibility criteria and a
certain minimum level of performance to be considered for the admission process.
Any dispute concerning Admissions for the PGDM Batch of 2021-2023 would be subject to jurisdiction of
competent Courts within Pune only.
IIMs or any other Institutions will have no role either in selection process or in the conduct of the programme.
Application Form and Other Information
Candidates should apply to NIBM by filling NIBM’s Online application form on our website.

The last date for submitting online application forms at NIBM is extended upto April 20, 2021.


Post Graduate Diploma in Management (Banking & Financial Services) (AICTE Recognized)

Fee Structure of PGDM 2020-22 Batch (Subject to revision)


First Year Second Year
Term 1 Term 2 Term 3 Term 4 Term 5 Term 6
Academic Fee 125000 125000 125000 125000 125000 125000
Reading Material / Books 10000 10000 10000 10000 10000 10000
Students Welfare * 27000 0 0 27000 0 0
Library fee 7000 7000 7000 7000 7000 7000
Computer / Internet 15000 15000 15000 15000 15000 15000
Hostel & Amenities 29000 29000 29000 29000 29000 29000
Alumni Association 9000
Summer Internship 6000
Placement 15000
Total 228000 186000 186000 228000 186000 186000


* Medical Insurance, Formal Dress, Shoes, Photo ID etc


Security Deposit (Refundable)           : Rs. 12,000.00 Mess Deposit (Refundable)   

Mess Deposit (Refundable)           : Rs. 8,000.00


Payment Schedule :



PGDM-Ist Year (2020-21) PGDM-IInd Year (2021-22)
Date of Payment Amount


Date of Payment Amount


Term-1 Admission : part-fee 1,00,000 Term-4 June 2021 2,28,000
June 2020 1,28,000
Term-2 October 2020 1,86,000 Term-5 September 2021 1,86,000
Term-3 January 2021 1,86,000 Term-6 December 2021 1,86,000


The Registration for PGDM Programme is on June 24, 2020-2022.


All communications should be addressed to:
The Dean-Education & Principal
National Institute of Bank Management,
NIBM PO, Kondhwe Khurd, Pune 411 048.
e-mail :, Tel : 020-26716000
No claim of refund will be entertained on Application Fee.

JEE Main

Application Form Submission 16 Dec 2020 to 16 Jan 2021.