BIMTECH PGDM Admissions 2025
AACSB Accredited | Highest CTC: 24.43 LPA | Application Deadline: 31st December 2024
Best IIM for Finance and Banking - The best IIM for Finance and Banking is a difficult question to answer as almost every IIM offers the specialization of FInance. However, some IIMs are specifically recommended by experts and preferred by the candidates for building a strong foundation in the field of finance and banking. Five IIMs are considered to be the best IIMs for finance and banking. These IIMs include IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, and IIM Indore. Among all the 21 IIMs across the country, these are considered the best IIMs for leaving a strong mark in the finance and banking field.
Finance and Banking is a promising career domain and is looked forward to by many management candidates studying across various IIMs. It is one of the most preferred specializations for pursuing an MBA. For choosing the best IIM for finance and banking out of the five IIMs mentioned candidates must consider certain factors involved. Based on these factors candidates can figure out the best IIM for finance and banking for themselves. These factors are explained in detail below.
Curriculum: Look for IIMs that offer rigorous and comprehensive finance and banking curriculum including advanced courses in financial management, investment banking, corporate finance, and financial markets.
Faculty Expertise: Research regarding faculty expertise and experience. Get to know the frequency of guest speakers and interactions with professionals from the finance and banking field.
Placement Records: Examine the average and highest salary packages offered to the candidates at particular IIMs. Check for recruiters that actively recruit for important roles related to the finance and banking domain.
Alumni Network: Evaluate the presence and success of alumni in the financial and banking sector for specific IIM. Consider the strength of the alumni network and its strength and ability to provide mentorship and career opportunities in the respective field.
Location: It is much more ideal if the IIM is located in a city that has either possibility or is a growing hub for the finance and banking sector. This will provide more opportunities for relevant industry exposure.
Rankings: Review the IIMs rankings in various national and international B school rankings. Check the NIRF rankings under the management category also.
Review: Finally, after all the checkpoints make sure to read student reviews of the IIM for the experience of studying the particular specialization.
Based on the factors discussed above the top 5 best IIMs for finance and banking domain are mentioned below.
IIM Ahmedabad: Known for its rigorous curriculum and strong emphasis on finance, IIM Ahmedabad consistently ranks at the top for MBA/PGDM. Its finance specialization is highly regarded, and its graduates often secure important roles in finance and banking.
IIM Bangalore: Recognised for its finance faculty and finance-related courses, the institute’s focus on finance and analytics makes it a strong choice for those aiming for a career in finance and banking.
IIM Calcutta: IIM Calcutta has a long-standing reputation for its finance programs. It is especially recognized for its emphasis on economics and finance. It has a robust placement record in the finance sector.
IIM Lucknow: IIM Lucknow also offers a solid finance curriculum and is known for its finance-related electives and placements. It is also a great option for building finance careers.
IIM Indore: IIM Indore’s finance program has a growing reputation, with a good mix of theoretical and practical finance training. It is a popular choice for finance enthusiasts.
The best IIMs for making an excellent career in the banking domain are IIM Bangalore, IIM Calcutta, IIM Ahmedabad, and IIM Lucknow. Finance and Banking is a promising career domain and is looked forward to by many management candidates studying across various IIMs.
For banking an MBA or PGDM in the finance domain is preferred. Some colleges offer an MBA in a specific Banking specialization too. For choosing the best IIM for finance and banking out of the five IIMs mentioned candidates must consider certain factors involved like curriculum, faculty, placement, rankings, etc.
MBA finance is a great option for candidates who are looking to build a great career in the banking sector. It is the most sought-after MBA specialization offered by almost all the B-Schools.
The eligibility criteria for IIM MBA finance involves a valid CAT exam score clearing the cutoff required by the particular IIM and graduation with at least 50% aggregate marks (45% for reserved category candidates).
A score of 64 marks in CAT would likely fall around the 85th percentile depending on the difficulty of the exam and the overall performance of candidates in this year.
So,it is highly unlikely that you will receive a call from any of the IIMs as the required percentile for an IIM call is typically much higher, usually ranging from 90% and above, especially for top IIMs like Ahmedabad, Bangalore, and Calcutta.
If you are looking for MBA programs, consider exploring other B-schools that may have lower cut-offs for admission.
Here are some B-schools that may have lower cutoffs for admission:
SOIL Institute of Management: Has a CAT cut-off of 75 percentile
T. A. Pai Management Institute (TAPMI), Manipal: Has an expected CAT cut-off of 85+
Great Lakes Institute of Management (GLIM): Has an expected CAT cut-off of 85+
MICA: Has an expected CAT cut-off of 85+
S.P. Jain Institute of Management and Research (SPJIMR), Mumbai: Has a CAT cut-off of 85 percentile
Shailesh J. Mehta School of Management (SJMSOM), Mumbai: Has a CAT cut-off of 97.5 percentile
Others are IIT Bombay, IIT Kharagpur, IIT Roorkee, JBIMS, XIMB, and GIM.
Now coming to your academic background which often calculated as a weighted average based on the importance of each component different b school has different criteria for it.
You can use predictor tool for prediction of most accurate information of col
leges
To get admission into the NAARM MBA program , which is officially called a PGDM-ABM (Post Graduate Diploma in Management - Agri Business Management), candidates need to apply online, take the CAT or CMAT entrance exam, followed by a shortlisting based on their scores, and then appear for a Group Discussion (GD) and Personal Interview (PI) on campus; the final selection is based on a combination of their entrance exam score, performance in GD/PI, and academic record, with a strong emphasis on agricultural business related skills and experience.
Reservation criteria is same here as other MBA colleges set by government of india i.e
Scheduled Caste (SC): 15% of seats
Scheduled Tribe (ST): 7.5% of seats
Economically Weaker Section (EWS): 10% of seats
Other Backward Classes (NC-OBC): 27% of seats for candidates belonging to the “non-creamy” layer
The CAT cutoff percentiles for the 2024-26 PGDM-ABM batch at the ICAR-National Academy of Agricultural Research and Management (NAARM) are as follows:
General: 75.14
EWS: 38.00
NC-OBC: 44.16
SC: 72.980
for a NAARM MBA PREPARATION interview (specifically their PGDM Agri-Business Management program), focus on thoroughly researching NAARM's curriculum, emphasizing your agricultural background and business acumen, practicing answers to common MBA interview questions, and showcasing your passion for the agri-business sector, while also being ready to discuss your career goals aligned with NAARM's focus on rural development and sustainable agriculture practices.be genuine with your answers.
Hello Varun,
Based on your CAT raw score and profile, here's a breakdown of your potential calls and your chances for different institutes:
1. GIM Goa, GLIM Chennai, IMT Ghaziabad, IMI Delhi:
Overall, you can expect a call from institutes that weigh work experience and academic performance heavily, but you should also be prepared for lower-tier institutes in terms of CAT score cutoffs. Ensure you target institutes that match your profile for better chances.
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
Hello,
Some of the popular coaching institutes in Pune for CAT preparation include:
TIME (Triumphant Institute of Management Education)
The institute is well known for its structured approach, expert faculty, and comprehensive study material. Offers both classroom and online programs. It has a very good success record and also provides several mock tests, workshops, and test series.
Career Launcher
Provides both online and offline courses for CAT preparation. The institute is known for its focused approach and quality study material. Personalized mentoring and mock tests.
IMS Learning Resources
BYJU's (Pune Center)
Mentors' Academy
Excel Academy
These institutes, both classroom coaching and online options, will vary, so it's all up to you. Some points to be kept in mind before one selects the institute are faculty experience, success rate, mock tests available, and if they offer personal support or not.
Hello aspirant,
Here below I am providing you the name of some of the top CAT coaching institutes in Pune:
Thank you
Hope it helps you
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