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 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. 

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. 

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 2 weeks ago

NIBM Pune offers a two-year MBA course in Banking and Financial Services at the PG level. For admission to MBA course at NIBM Pune, candidate must fulfil the minimum educational requirements. To be eligible for this course, aspirants must hold a bachelor's degree with at least 50% aggregate. However

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Subhrajeet Harichandan

Contributor-Level 9

Answered a month ago

NIBM Pune placements 2025 will be updated here once out. The college is visited by top companies for placements such as Barclays,  Accenture, Axis Bank, and others. The below-mentioned are NIBM Pune placement statistics for 2024:

ParticularsStatistics 2024
the highest packageINR 26.51 LPA
Median packageINR 15 LPA
Average packageINR 14.23 LPA

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Rashmi Arora

Beginner-Level 5

Answered a month ago

NIBM Pune has a total of 132 seats for PGDM (Banking and Financial Services) programme. Candidates from different categories are offered admission. The CAT will be the benchmark for screening of applicants. The scores secured by applicants in an approved competitive exam conducted in the most recent

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Kanika Aggarwal

Beginner-Level 4

Answered a month ago

PGDM is two-year PG level programme offered by NIBM Pune. To be eligible for admission to this course, candidates need to fulfil the following criteria before applying for the programme:

Course NameEligibility
PGDMUG degree with minimum 50% aggregate (45% aggregate from a recognised university)

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Tanisha Kalra

Beginner-Level 4

Answered a month ago

National Institute of Bank Management placements are good. NIBM Pune placements 2025 will be updated here once out. The college is visited by top companies for placements such as Bank of America, Airtel Payments Bank, Barclays, and others. The below-mentioned are NIBM Pune placement statistics for 2

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Ishita B

Beginner-Level 5

Answered a month ago

Yes, entrance exam is completely mandatory for admission to NIBM Pune. Candidates are shortlisted based on their scores obtained in either CAT/ XAT/ CMAT/ GRE or GMAT entrance exams. The entrance exams carries a total weightage of 35% in the entire selection process.

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Liyansha Shukla

Beginner-Level 4

Answered a month ago

NIBM Pune admission process is consists of various selection rounds. Each selection parameter carries different weightage in the selection process. Check below the different parameters and their weightage:

  • Entrance Exam Score (CAT/ XAT/ CMAT/ GRE/ GMAT): 35
  • Academic Performance: 25
  • Personal Interview:

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Jiya Kumari

Beginner-Level 4

Answered a month ago

To apply for NIBM Pune admissions, candidates can visit the college's official wesbite and register for the programme in online mode. Listed below are the steps of application for National Institute of Bank Management:

  1. Visit the official website at (nibmindia.org).
  2. Tap on the "Apply Now" tab and fill

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Bhumika Khandelwal

Contributor-Level 10