Welcome to the National Institute of Bank Management (NIBM), Pune.
This apex Institution was set up in 1969 by the Reserve Bank of India, to provide thought leadership to banks and financial institutions. Today, it has evolved into a center for advanced learning, research, education and skill development in all areas of banking and finance.
At present, the Indian financial sector faces a number of challenges. Succession planning for top management and competency enhancement have become daunting HRM tasks. Balancing regulatory compliance and healthy balance sheet growth, in light of the global recession and mounting NPAs of some banks, has started to threaten bank profitability. Rapid technology innovations have disrupted traditional business models. Financial inclusion has offered banks a golden opportunity to enhance both profitability and social parity. All this implies that banks’ business strategies for growth and competitiveness may need to be overhauled.
Always aligned to the ongoing industry concerns, NIBM provides a large number of topical executive development programmes across the major domains of Finance, HR, International Banking, Strategic Planning, Marketing, IT and Rural Finance. In order to usher in global best practices, the Institute has collaborated with the Kellogg School of Management, USA; LSE, UK; CME Group, Chicago; the Federal Reserve Bank of New York; and Frankfurt School of Finance & Management, Germany. We also offer a number of international programmes at the behest of the Ministry of External Affairs, GoI. Around 5000 participants, including around 800 from developing countries across the world, visit NIBM every year.
The two-year, AICTE approved PGDM (Banking &Financial Services) course at NIBM was the first of its kind in India. It has been the definitive source of skilled, young professionals in banking and finance for over a decade. We have achieved 100 percent placement since inception across all niche areas in the BFSI sector. In line with industry demands, we have substantially increased our intake of PGDM students, in the recent past.
As per mandate of RBI and IBA, regarding certification of bankers at various desk positions, NIBM has launched Online Certification Courses using modern technology platform, in areas of (i) Credit Management (ii) Retail Credit Management (iii) Risk Management (iv) Treasury Management and (v) Accounts and Audit. These courses are designed to impart knowledge, skill and aptitude and thereby enhance competencies of officers and managers in performing their jobs. We have received participation from a large number of public, private, foreign and small finance banks in India.
The Institute also provides research and consulting support to banks and FIs, on various issues like organizational structure, business strategies, HRM, risk management and leveraging technology adoption for efficiency and excellence. University of Pune has approved NIBM as a center for post-graduate research and we are recognized by the Ministry of Science & Technology, GoI, as a Scientific and Industrial Research Organization.
We have a strong pool of core faculty and a number of visiting faculty members from prestigious academic institutions and reputed banks. Our library, with a collection of more than 68,000 books and 200 journals, is among the best on banking and finance in Asia. Our lush green campus of 65 acres, with state-of-the-art classrooms and amenities, fosters the ideal learning ambience.
We strive to be a world-class Institution in the field of banking and finance in India. It is my pleasure to invite you to join us in our unrelenting quest for excellence in the days ahead.
Dr K L Dhingra