CMAT

Hello Shibani,
There is an admission criteria to apply in NIBM and according to this graduation marks play an important role in the selection process. Though, this is the only admission eligibility criteria, which means that if you are fulfilling this criteria, then you may get shortlisted for GD/PI based on your CMAT/CAT score and final selection will depend on your performance in GD/PI. The expected CMAT cut-off is 87 percentile (153 score) or above.
The criteria says:
The applicant must be holding a Bachelor's degree, with at least 50 percent marks 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.