Which is better, NIBM or IIFM?

National Institute of Bank Management, Pune is an autonomous institute established by RBI & banks and got recognition by AICTE, from 2013 onwards. Indian Institute of Forest Management, Bhopal has been ranked 62nd in India by NIRF.

Admissions:

NIBM

• The college accepts students based on the CAT, XAT, and CMAT scores with 50% in the bachelor's degree.
• The total fee for MBA in Banking and Financial services is 10.23 lakhs.

IIFM

• The college accepts students based on any CAT and XAT scores with 50% in the bachelor's degree.
• The total fee for both Sustainable Management and Forest Management is 6.24 lakhs.

Placements:

NIBM

• The placement rate of 2020 is about 100% with the highest package of INR 22 LPA, the average package of INR 9.67 LPA, and the minimum package of INR 6 LPA.
• College does provide internship opportunities and the highest stipend of summer internship 2020 was Rs 56000.
• Top recruiters of 2020 are Accenture, Aptivaa, Axis Bank Limited, Airtel Payments Bank, Bandhan Bank, HSBC, HDFC, IDBI Bank, Kotak Mahindra Bank, Cognizant, Deloitte, Fincare, Federal Bank, IDFC First Bank, KPMG, Surya, Wipro, etc.

IIFM

• The placement rate of last year is about 100% with the highest package of INR 13.2 LPA and the average package of INR 7.5 LPA.
• College does provide internship opportunities. Top recruiters for summer internship are Microfinance, Government organizations, and NGOs.
• Around 23.33% of students were placed in government agencies last year.
• Top recruiters of 2019 are UNDP, UNICEF, Annapurna, WWF, Kantar, EandY, KPMG, HSBC, Yes Bank, ACC Limited, Indiabulls, SABA, ICICI Bank, IDFC, Wipro, etc.

NIBM provides more opportunities for internships and placements in some big companies whereas IIFM has a large percentage of job opportunities in the government sector than NIBM and is more affordable. Choose accordingly as per your requirements.