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NIBM will use scores of CAT (Nov. 29, 2015 / ATMA (Feb. 14, 2016) / CMAT (2016) for shortlisting
candidates for Writing Ability Test and Personal Interview.
The candidate must hold a Bachelor's Degree, with at least 50% marks or equivalent CGPA,
awarded by any of the Universities incorporated by an act of the central or state legislature in
India or other educational institutions established by an act of parliament or declared to be
deemed as a University under Section 3 of the UGC Act, 1956, or possess an equivalent
qualification recognized by the Ministry of HRD, Government of India. The percentage of marks
obtained by the candidate in the Bachelor's degree would be calculated based on the practice
followed by the university/institution from where the candidate has obtained the degree. In case the candidates are awarded grades/CGPA instead of marks, the conversion of
grades/CGPA to percentage of marks would be based on the procedure certified by the
university/institution from where they have obtained the bachelor's degree. In case the university/
institution does not have any scheme for converting CGPA into equivalent marks, the equivalence
would be established by dividing the candidates CGPA by the maximum possible CGPA and
multiplying the result with 100.
Candidates seeking admission to the PGDM (B&FS) of NIBM should appear for CAT (Nov. 29, 2015/ATMA (Feb. 14, 2016)/CMAT (2016).
Candidates short-listed on the basis of CAT (Nov. 29, 2015/ATMA (Feb. 14, 2016)/CMAT (2016)
scores will be called for Writing Ability Test and Interview during April 2016 in select centers.
Short-listed applicants may have to take additional written test if required at the later stage.
IIMs or any other Institutes will have no role either in selection process or in the conduct of the
programme.
Candidates should apply to NIBM by filling NIBM's Online application form. The last date for
filling the online application form is March 20, 2016.

I believe in order to know how the placements are, one should look for the ROI(Return on Investments). The fees of IBS Gurgaon is only Rs. 7 lakhs and there is an average package of Rs. 5-6 lakhs. Although it depends upon the person to person how skilled he or she is.There are also international packages which do offers more than Rs 15 lakhs including CTC.
On the other hand if we talk about placements, there are many reputed companies which do come to IBS Gurgaon. Big 4's, do come to Ibs gurgaon every year. Companies like Oyo rooms,Expedia,CB Richards,Exponential,Copal Amba,Proctivity,Thomas International along with many others do come to Ibs gurgaon.

Hello Girish,
To be able to become a software engineer, you need to have PCM (Physics, Chemistry and Mathematics) combination in your 12th standard. After your class 12th board examinations are over, you need to appear for various entrance examinations.
I would suggest, you should appear for IIT-JEE and AIEEE. These two entrance examinations provide admissions in IITs/ NITs and other government colleges, which are cost-effective.
I would also suggest, you should appear for individual state examinations (OJEE in Odisha, EAMCET in Andhra Pradesh/Telangana, COMEDK in Karnataka, etc.). These exams also guarantee you good colleges and serve as a backup in case things don't end up the way you've planned for IIT/ AIEEE.
Every state has its own share of good engineering colleges. So, don't underestimate or overlook them. They can prove to be vital. The more the entrance examinations you appear for, the more the options you will have for choosing colleges.
Certain private colleges like SRM, KIIT (Odisha), GITAM (Vishakhapatnam) and ITER (Odisha) conduct their own entrance examinations. You can opt for these as well.
After the results of those entrance examinations are announced, if you have a valid score and rank, you can attend the counselling procedure for the respective entrance examination. During the counselling procedure, you can select a college of your choice and the branch of engineering which you wish to opt for (depending on availability). Here you can choose software engineering, computer engineering or information technology. All the three courses mentioned here have more or less the same syllabus.
I hope it helps. If so, kindly, upvote this answer. If you've any further questions, kindly revert.