When it comes to banking and financial services education in India, the National Institute of Bank Management (NIBM), Pune, continued to set benchmarks this year, too. Founded by the Reserve Bank of India and headed by the Governor of RBI, NIBM has earned a reputation not just for its rigorous academics, but also for preparing students for a future in dynamic and evolving financial environments. The report for NIBM Pune Placement 2024 has been released. The average salary stood at 14.23 LPA while the highest salary touched 26.51 LPA. The placement process saw 40+ recruiters, including prominent giants like EY, PwC, Accenture, Barclays, Bank of America, and Wells Fargo, to name a few. Banks continued to dominate the placements and offered unparalleled opportunities in the fields of risk management, credit, ESG, and others.
NIBM Pune Placement Report 2024
Undoubtedly, 100% of the batch was placed, and this is the testament to NIBM’s strong industry relationships and the quality of education that it imparts to its students.
NIBM Pune Placement Highlights:
- Highest Package: ₹26.51 LPA
- Lowest Package: ₹10.00 LPA
- Average Package: ₹15.44 LPA
- Median Package: ₹15.00 LPA
Breaking it down further:
- Top 10% Average: ₹23.30 LPA
- Top 25% Average: ₹19.04 LPA
- Top 50% Average: ₹17.12 LPA
The figures reflect not just above average salaries but also the strong demand for NIBM graduates across roles and sectors in the finance industry. Despite having a bad market, NIBM stood tall and got all their students placed in such coveted positions.
Join the Largest CAT Preparation Community in India
Understanding the diversity of the Cohort at NIBM Pune
NIBM’s PGDM (B&FS) cohort represented an academically diverse and inclusive group:
- Total Students: 130
- Average Age: 22.9 years
- Average Work Experience: 19 months
- Gender Distribution: 99 males, 31 females
Students came from a different range of educational backgrounds:
- Commerce: 45%
- Engineering: 20%
- Management: 15%
- Science: 15%
- Arts: 5%
NIBM Pune continued to be a preferred choice for a lot of commerce graduates and engineers to aspired to make a career in the banking & financial services industry.
NIBM Pune Placements – Sectow Wise Job Offers
The 2022–24 placement season witnessed participation from over 40 reputed recruiters, spanning a variety of industry segments:
| Sector | Percentage of Offers |
| Indian Private Banks | 41% |
| Foreign Banks | 20% |
| NBFCs (Non-Banking Finance) | 17% |
| IT & Consulting | 11% |
| FinTech Companies | 6% |
| Small Finance Banks | 3% |
| Payment Banks | 2% |
This diverse spread of recruiters from different industries ensured that students had the opportunity to choose roles that align with their career goals as well as with their skill set. Multiple roles including core banking, data analytics, consulting, credit, risk, digital finance, etc. were offered to students by these esteemed companies.
NIBM Pune Placements 2024 – Job Roles
NIBM students were offered a wide spectrum of challenging yet impactful roles, including:
- Credit Analyst
- Market Risk Analyst
- Product Manager
- Banking Operations Manager
- Business Analyst
- Tech Consultant
- Corporate and Investment Banking Associate
- Fixed Income/Equity Trader
- Internal Audit Officer
- Governance, Risk & Compliance Specialist
- Management Consultant
- Analytics & Modelling Executive
Such roles surely reflect the increasing complexity of the financial services as a sector and the growing demand for skilled professionals who can seamlessly blend their technical know-how with their strategic insights into the financial world.
Why NIBM Pune always perform well?
To start with, one of the clearest indicators of a B-school’s credibility is the number of Pre-Placement Offers (PPOs) it secures, and NIBM had 16 PPOs offered this year. This demonstrates the industry’s faith in NIBM’s students and their work ethics which led to this milestone. Additionally, the tag that it is an Apex Institute that directly comes under the aegis of RBI further boosts the trust of all the recruiting firm in the students of NIBM. Be it credit, risk or consulting, NIBM Pune surely remains a preferred choice for both students as well as the global firms.
If you are targeting a 99+%ile in CAT 2025, iQuanta has got you covered. Get highly relevant content along and prepare right from the very basics with iQuanta’s CAT Course. iQuanta has made a record with 500+ 99 percentilers in CAT 2024.
Enroll for iQuanta CAT 2025 Course
