My Transformative Journey at NIBM: From UPSC Aspirant to Future Banker

Sumridhi
Sumridhi Gulati
Assistant Manager
2 mins readUpdated on Jan 19, 2025 10:54 IST
I am Rushikesh, a second-year PGDM student at the National Institute of Bank Management (NIBM), Pune. My journey at NIBM started quite unexpectedly. I completed my Bachelor of Arts in Political Science and Economics. Before joining NIBM, I was preparing for UPSC and other government and competitive exams.  As we all know, UPSC is full of uncertaint

I am Rushikesh, a second-year PGDM student at the National Institute of Bank Management (NIBM), Pune. My journey at NIBM started quite unexpectedly. I completed my Bachelor of Arts in Political Science and Economics. Before joining NIBM, I was preparing for UPSC and other government and competitive exams.  As we all know, UPSC is full of uncertainties. I had already decided to limit my UPSC attempts to just two. That’s why I paused my UPSC preparation and began working on my Plan B for my career. 

Table of contents
  • Why I Chose NIBM Over IIM Sirmaur
  • Participation in Student Committees and Clubs
  • Placement Success at Federal Bank

Why I Chose NIBM Over IIM Sirmaur

Based on my CAT score, I secured admission to the flagship MBA program at IIM Sirmaur. However, my aspiration to build a career in the banking and finance domain led me to choose NIBM, College Established by Reserve Bank Of India, which was the perfect platform to achieve my goals. I joined NIBM in July 2023 through my CMAT score, followed by the OCPI process. The curriculum at NIBM is exclusively focused on banking and finance, offering students practical, industry-oriented knowledge. 

NIBM has a lush green campus in the heart of Pune city and is well-known for its expertise in risk management, particularly in Credit risk, Market risk, and Treasury-related courses. The institute also offers a well-rounded combination of subjects, including Marketing, Operations, Credit analysis, Business analytics, Human Resources and programming languages such as R, SQL, and Python, which are essential for the banking sector.  The curriculum at NIBM is a perfect blend of hands-on exposure and theoretical foundation, enabling students to explore various branches and verticals in the banking and finance sector. 

Q:   Is MBA/PGDM at NIBM Pune worth the investment?
A:

Yes, one can say that the MBA/PGDM at NIBM Pune is worth an investment for those who wish to make their career in banking and finance.

The institute has great placements for graduates with packages of INR 15 LPA on average. Students will also find a great faculty team with an industry focused curriculum.

Q:   Has NIBM Pune collaborated with any college or university?
A:

NIBM Pune has collaborated with various companies and organisations. The college has signed MoUs with various universities and colleges. The below-mentioned are National Institute of Bank Management collaborations:

NIBM Pune Collaborations
Chartered Financial Analyst (CFA) Institute, USA (University Affiliation Program)Chartered Market Technician (CMT) Association, USANational Institute of Securities Markets (NISM), Navi Mumbai
National Insurance Academy (NIA), Pune--
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Participation in Student Committees and Clubs

Coming from a non-commerce and non-management background, it was initially challenging for me to understand the concepts of this new course. However, the cooperative faculty at NIBM helped me build a strong foundation, making it easier for me to adapt and excel. Additionally, various online courses further supported my preparation for this sector.  At NIBM, we have 11 student-driven committees and 3 clubs that focus on not just academic progress but also the development of personality traits and group potential. NIBM is a completely ragging-free campus, which is a matter of pride for all students. 

I am a member of the Admissions Committee and the Students’ Council. I am also the Vertical Lead of the Arthanomics vertical under Vittarth, the Finance Club of NIBM, and a member of Konsult, the Consulting Club of NIBM. NIBM celebrates all festivals, and faculty members actively participate in these events, fostering a bond beyond academics.During my time at NIBM, I had the opportunity to work as a Research Intern at AJVA Fintech Pvt. Ltd., Mumbai. Leveraging the knowledge gained during my first year, I successfully applied my skills to complete the summer internship. 

Placement Success at Federal Bank

NIBM offers a variety of electives, allowing students to choose subjects that align with their interests and market trends, helping them gain relevant and hands-on knowledge. During placement season, we have a Placement Preparation Week, which includes mock interviews conducted by faculty and personalized guidance for placements.  Finally, I secured a placement at Federal Bank, and I am excited to begin my journey there. I believe this will be a valuable experience and an excellent opportunity for learning and growth. NIBM has played a vital role in shaping my academic and professional career. I hope that new students will also make the most of this opportunity and build successful careers with the help of NIBM. 

 

About the Author:

 
 
Rushikesh, a second-year PGDM student at the National Institute of Bank Management (NIBM)

 

About the Author
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Sumridhi Gulati
Assistant Manager
Sumridhi holds a Bachelor's degree in English from Delhi University. With over three years of experience in content creation, she is a collaborative and innovative thinker who loves interacting with people to leave Read Full Bio
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Answered a week ago

To apply at NIBM Pune (for the PGDM in Banking & Financial Services, equivalent to an MBA), you need to follow these steps:

1️⃣ Check Eligibility – You must have a bachelor's degree with minimum 50% marks (45% for reserved categories). Final-year students can apply provisionally.
2️⃣ Appear for Accept

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Answered a week ago

 NIBM Pune admission is entrance-based for programmes offered at the PG levels. The college accepts scores of various entrance exams such as CAT, XAT, CMAT, GRE, and GMAT. To get admitted to the National Institute of Bank Management, candidates must meet the eligibility criteria of the course. 

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Anangsha Pandey

Contributor-Level 8

Answered a week ago

NIBM Pune application process 2026 is currently open for various courses. The application process at NIBM Pune is conducted online. Students can check the list of documents required for admission below:

  • Class 12 marksheet
  • Class 10 marksheet/ Certificate
  • Graduation marksheet
  • Aadhaar Card
  • Passport-size pho

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Virajita Arora

Contributor-Level 8

Answered a week ago

Yes, NIBM Pune campus is safe for girls and boys. The college campus is located in Maharashtra. It has a good connection with roads and public transports. CCTV cameras are installed in the campus to keep a check on students safety. 

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Saumya Khandelwal

Contributor-Level 8

Answered a week ago

National Institute of Bank Management is a public-private institute. It was established by the Reserve Bank of India and is an autonomous apex college for research, training, and consultancy in Bank Management. NIBM Pune is located in Maharashtra and has a huge campus.

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Anya Singh

Contributor-Level 9

Answered a week ago

NIBM Pune offers MBA course to students at the PG level. It is offered for 2 years in several specialisations. To be eligible for MBA at NIBM Pune, candidates must fulfil the eligibility criteria of the course. Candidates must have a UG degree with minimum 50% aggregate (45% aggregate from a recogni

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Manori Datta

Contributor-Level 8

Answered 2 weeks ago

The NIBM Pune PGDM is fully residential with hostel and boarding facilities on campus. Students also have access to finance labs, trading simulation labs, library resources and sports facilities. Further, there are internship opportunities for students.    

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Jaya Sharma

Contributor-Level 10

Answered 2 weeks ago

Total fee for NIBM Pune PGDM is INR 17.64 Lacs for two years. The annual fee is INR 8.82 Lacs including academics, hostel and alumni charges. There are refundable charges as well. This data may change as per institute's policy.

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Jaya Sharma

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