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Hi Chaitanya,
There is no specific CMAT cutoff at the institute. You can apply online for admission at Pune Institute of Business Management . Simply fill the application form and pay the required fee. If your profile is shortlisted, you'll get a call for GD/PI. The admission process at PIBM is going on currently. The tution fee is around 6.5 lacs for two years.
All the best.
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