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Is NMIMS's average salary really above 16L Rs.?
Yes, it's true that NMIMS's average salary is above INR 16 LPA. In the 2023 MBA placements of NMIMS, around 36% of the batch were placed through PPOs. The highest package stood at INR 67.80 LPA whereas the average package stood at INR 26.63 LPA. Here are the salary-wise placements for the batch 2023 at NMIMS Mumbai:
|
Salary Statistics |
CTC Offered |
|
Top 10% Average Package |
INR 40.41 LPA |
|
Top 20% Average Package |
INR 36.50 LPA |
|
Top 30% Average Package |
INR 34.39 LPA |
|
Top 40% Average Package |
INR 32.53 LPA |
So yes, NMIMS average package is really above INR 16 LPA!
What is the percentile required for NMIMS on the CAT?
The cutoff for NMAT 2022 varies in percentile for different NMIMS campuses (Mumbai, Bengaluru, Hyderabad, Indore, Navi Mumbai), ranging from 80 to 95 percentile, with NMIMS Mumbai having the highest cutoff. Meeting the NMAT cutoff is crucial for students to proceed to further selection stages, which include a Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI).
To determine the final merit list, NMIMS considers several factors, each assigned a different weightage:
- NMAT Score - 70%
- Group/Case Discussion - 10%
- Personal Interview - 10%
- Academic Performance - 5%
- Work Experience - 5%
For further details regarding the NMAT NMIMS 2022 cutoff, students are advised to check the official website of the institute.
Is NMIMS a good college for an MBA?
Yes, NMIMS is considered to be the MBA college in Mumbai city and its MBA program is highly regarded among aspirants. Here are a few pros and cons of the institute that might help you
Pros
- The college is well-known for its state-of-the-art infrastructure. The classrooms have all modern facilities and the library too is well-stocked.
- Its location gives it leverage in establishing healthy industrial relations.
- The parity of the faculty cannot be doubted as they deliver excellent lectures.
- The academics are much more than just bookish language as students are made to solve Case-based studies.
- The food served in the canteen is quite good.
- Students get the chance to participate in lots of competitions and earn well, or get PPI.
Cons :
- NMIMS fees are exorbitantly high. The first-year fee is INR 11.95 Lakhs. You also need to consider the expenses of living in Mumbai.
- Hostel faculties for only limited students
- A few faculties have no interest in teaching.
- The placement stats are inflated and thus misleading.
- The MBA batch of NMIMS has a huge batch of around 600 students affecting the quality of education.
- There is a huge gap between the administration and the students.
- Easy entrance exam affects the quality of the crowd.
So, NMIMS was once a great B School but the increasing batch size has affected its reputation largely. You can go for colleges with a smaller batch size and similar fees to get better job opportunities.
Having been rejected by XLRI (BM) and SPJIMR, should I settle for NMIMS Mumbai?
This is a very common dilemma among MBA aspirants who fail to make it into the institute of their choice. They are torn between going to an average B School or retaking CAT.
A smart way to come out of this dilemma is to toss the coin with these choices and the choice that comes to your mind when the coin is in the air is what you want to do. If you keep taking advice from everyone you will be left all the more confused.
A close friend of mine faced a similar Institute and his family advised him to take a drop year as NMIMS was not on his list of preferred institutes. He finally retook CAT and ended up in XLRI!
Ultimately, the right decision for someone may not be the right one for you, and vice versa. So choose wisely!
Which college is better to study law? Amity college, Mumbai or NMIMS, Mumbai or neither?
Among these, Amity College is the best option for pursuing Law. As Law is a multidisciplinary branch, most students usually find it confusing to choose the right specialization at the bachelor's level.
For such cases, Amity University Mumbai is the best option. Amity follows a curriculum that will you give you the freedom to choose from a variety of specializations. You can pursue your Bachelor of Law degree with Bachelor of Arts, Bachelors of Commerce, Bachelors of Business Administration, and Bachelors of Science. It also offers electives like Communication Skills, Foreign Language, etc.
With the help of corporate resource center, mock court sessions, industrial visits, and guest lectures, Amity also offers the practical education students need.
How do I get into NMIMS Mumbai?
NMIMS Mumbai takes admission through NMAT. According to the cutoff trends, the expected cutoff for 2022 is 210+. But it is an oversimplified answer. Being one of the top B-School in the country, around 90000 applicants take NMAT every year. Only around 3000 students are called for the GD/PI round and around 600 students are shortlisted for the final selection. So, only 0.7% of students are selected from the students taking NMAT. In order to get admission, you will need to be among the top 1% of the students. Here are some helpful tips regarding the admission process.
NMIMS Mumbai Admission 2022:
- NMIMS Mumbai allows you to take 3 attempts of NMAT. You should take advantage of all three of these attempts.
- NMAT doesn’t have negative markings. So, you should try to attempt as many questions as you can.
- The case discussion round will take place with around 12 other participants. You will be given a one-page case and 5 mins preparation time, before the 15 mins case discussion. Through this round, they want to see how you structure and approach a case.
- After the case discussion round there will be a personal interview round with 3 panelists. They usually ask questions based on your CV and current affairs.
Work hard to score above 210+ in NMAT and take full advantage of the 3 attempts. With strategic preparation, getting into NMIMS won’t be hard.
Which college should I choose- NM or XIMB?
XIMB is a great option for Finance and Systems. Business Management is their flagship program. All major banks and IT companies recruit from the institute. The institute offers a high ROI. XIMB placement highlight of 2021 reports an average CTC of INR 15.51 LPA. and the highest CTC of INR 24 LPA.
NMIMS is good for Marketing or Sales. It has a well-established alumni base across FMGC majors.
Overall, XIMB is better. It offers an enviable campus experience in terms of academics, case-study-based learning, peer interaction, social life, sports, extra-curricular, fests.
What is the best distance learning MBA Program: Symbiosis Pune, IMT Ghaziabad, NMIMS, or IGNOU?
IGNOU is best for distance learning MBA. IGNOU MBA course structure is pretty good. You will get to learn the basics first then the main concepts. The study materials are good and make the learning process smooth. IGNOU also has a better reputation.
Symbiosis Pune is also a good option for MBA. You can choose one of these two options based on fee structure and eligibility.
How do I get admission into NMIMS for distance learning for an MBA?
The admission process for NMIMS distance MBA includes three steps, i.e. registration, submission of documents, and fee payment.
- First, fill up the registration form online and pay the admission processing fee.
- Visit Authorised Enrolment Partner with Passport Size Photograph, Photo Identity, Academic Documents, and Work Experience Document (if any). The academic counselor will verify the documents and upload the same.
- After the document verification, make the fee payment. You can do it online by drawing a demand draft in favor of ‘SVKM’s NMIMS’ payable at Mumbai. There are loan options available.
Once the above steps are completed, your admission will be confirmed. You will be issued a student number when the documents and payments are approved by the university. Re-registration for the July 2022 session has started and the last date is 16th September 2022.
Which college should I go SRM or NMIMS for CSE?
For CSE, SRM is the better option. The academics, campus life, and facilities offered are good. Major recruiting companies such as Amazon, Honda, Cognizant, etc. recruit through the campus drive. SRM placements in 2022 witnessed the highest CTC of INR 1 CPA. The institute offers decent exposure. The networking opportunities are ample. Here is an honest review of the SRM University
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