Year | 1 | 2 |
---|---|---|
Tution fees | ₹1195000 | ₹1195000 |
Total Year Wise fees | ₹11.95 Lakhs | ₹11.95 Lakhs |
Select Degree & Streams To See Course Fees & Admission Details
Courses | 2022 | 2021 |
---|---|---|
Compare | 86 | 86 |
Narsee Monjee Institute of Management Studies (NMIMS) is a private university which was established in 1981. It has been awarded "Five Star" rating and "A" grade by the NAAC and UGC respectively.
NMIMS invites applications for admission to the MBA Programme, MBA Human Resources, MBA Pharmaceutical Management, and Post-Graduate Diploma in Management (PGDM) Programme. The availability of seats in all the programmes is 500 seats.
The admission to all the programmes will be based on the NMAT by GMAC exam. Graduation with at least 50% marks is neccessary for NMAT. Aspiring candidates can apply online for exam thruogh its official website.
Check NMIMS Courses and Fee
Table of Content
Events | Dates |
---|---|
Registration for WAT/ PI | January 20 - 24, 2024 |
Conduct of WAT/ PI | January 31 - February 08, 2024 |
Declaration of 1st Merit list | February 16, 2024 |
Fee Payment (I Merit List) | February 17 - 21, 2024 |
Commencement of Program | June 3, 2024 |
Closure of Admission | June 19, 2024 |
Course Name | LR Cut off | LS Cut off | QS Cut off | Total |
---|---|---|---|---|
MBA | 71 | 76 | 69 | 232 |
For all courses:
For MBA Pharmaceutical Management
Eligibility Criteria:
You should have a Bachelor's Degree (in 10+2+3/4 format) with minimum 50% marks in the aggregate from a recognized University in either of the following:
You will be given preference if you have worked in Pharmaceutical Companies for more than two years.
For Foreign category students: You should have an AIU certificate if you have completed their graduation from overseas Universities.
There shall be three stages in the selection process.
The NMAT by GMAC exam will be an objective type multiple-choice test. It will consist of 120 questions in a duration of 2 hours. There shall be no negative marking in the paper. The distribution of the number of question in each section and time allotted to each section is as follows:
Section | No. of Questions | Time allotted |
---|---|---|
Language Skills | 32 | 22 |
Quantitative Skills | 48 | 60 |
Logical Reasoning | 40 | 38 |
You must be able to perform well not only overall in the paper but also individually in the separate sections as the score of each section and the overall score will be used for shortlisting for the second stage of the selection process as well as in the final ranking.
However, if you are not satisfied by your NMAT by GMAC score in the first attempt, you may appear again for the test by going through the full process as a fresh test by visiting the website mandatorily & logging in with the allotted username and password. In case you are taking more than one attempt, the score (the total score & its respective sectional score) which makes you eligible as per the cut offs declared by NMIMS, will be considered for short listing for subsequent process.
For NMAT by GMAC Registration:
Step 1: You must first register at the NMAT by GMAC website online by clicking on “Register Now” in the Quick Links on the right side of the screen.
Step 2: You should then register with a valid email ID and a new window will appear prompting you to complete the online application form. An authentication email will be sent to the email you provided. You will be able to proceed with registration only after validating your email ID.
Step 3: You need to complete the online application form related to your personal, educational and work experience. Choose NMIMS under the schools section to send your scores under the "Programme Details" section.
Step 4: For any clarification regarding what needs to be completed in each field, click on the “Registration Guide”. You must read the Terms and Conditions and click on the “I Agree” button to accept.
Step 5: Once you have verified the details in your Application, you need to click on the Submit button to complete your registration.
Step 6: The next screen will display your unique NMAT by GMAC Registration Number.
Step 7: You are required to pay INR 2000/- as Exam fee for successful completion of your registration.
Application Fee: You should click on the “Click here to make payment” link that appears along with the NMAT by GMAC Registration Number. The Make Payment screen will display the payment options. You can pay by Debit Card/Credit Card/Net banking/UPI/Mobile Wallets.
Step 8: After successful registration, you will receive an email with your unique NMAT by GMAC Registration Number. You should use this NMAT by GMAC Registration Number for all future correspondence with GMAC.
Step 9: After your application and fee is accepted by GMAC, you will receive an email with your username and password to logon to another website and schedule your test on a preferred date and location subject to availability.
Your registration is now complete.
You should fill in the application form on the website to confirm your candidature.
In case of reapplication, you will have to complete the program selection process again by using the same ID/password used at the time of registration. The last preferences you select will be taken as your final preferences for further selection process.
You should then select the programme you are applying for.
Application Fee: You should pay INR 1100/- Application fee either through Credit card, Debit Card or Internet Banking.
You should select your choice of centre from the given 18 centres across India.
Your registration is now complete. You will be able to download your admit card after completing the registration.
Check out NMIMS Admission 2024
Reservation of seats for the widows / wards of armed forces personnel killed / disabled in action or during peace time and wards of Kashmiri migrants will be applicable provided such candidates successfully meet the specified cut-offs and eligibility criteria of the respective program applied for at the time of registration and also qualify the NMAT Test cut off.
NMIMS | NMIMS Bangalore | IIM Mumbai | IBS Hyderabad | |
---|---|---|---|---|
Reviews Rating | ||||
Cost To Study | Total Fees ₹2390000 (2 Years ) | Total Fees ₹1195000 (2 Years ) | - | Total Fees ₹1602000 (2 Years ) |
Ranking | # Ranked 10/272 by India Today Management Ranks | # Ranked 30/272 by India Today Management Ranks | # Ranked 12/292 by India Today Management Ranks | # Ranked 23/272 by India Today Management Ranks |
Highest Salary | ₹6780000 | ₹1958000 | ₹7820000 | ₹5819000 |
Average Salary | ₹2663000 | ₹1180000 | ₹2775000 | ₹1042000 |
General Course Details | Duration - 2 Years Course Offered - Full Time Total Seats - 600 Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree | Duration - 2 Years Course Offered - Full Time Total Seats - 240 Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree | Duration - 2 Years Course Offered - Full Time Total Seats - 300 Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree | Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree |
Eligibility | Graduation with 50% + NMAT | Graduation with 50% + NMAT | Graduation with 50% | Graduation with 50% |
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NMIMS Mumbai is a good option for MBA. It ranks right after the old and top IIM. NMIMS Mumbai placements are excellent. Many national and multinational companies take part in campus recruitment. During placements 2022, students received an average CTC of INR 19.40 LPA.
The academics offered at NMIMS can be compared to premium management institutes. NMIMS employs a case-study-based teaching methodology. It has a tie-up with Harvard Business Review.
One of the drawbacks of the institute is the huge batch size. NMIMS student intake is over 500. Due to the large batch size, the competition during placement becomes extremely high.
Yes, NMIMS, Mumbai is an excellent option for an MBA. Due to the locational advantage, it offers good placements and exposure. Huge list of companies visit the campus placement each year. NMIMS Mumbai placements highlights for 2022, show an average CTC of INR 19 LPA.
NMIMS Mumbai focuses a lot on academics outside of traditional classroom teaching. Their approach to academics is unique. You will learn through Bloomberg labs, the WeCare internship program, an unparalleled repository of e-journals and market data.
The only drawback for the institute is its huge batch size. This results in a dip in placements.
It is a close call between SPJIMR and JBIMS. NMIMS is not in the same league as these but it is a decent B-School and ranked among the top 30 in India. JBIMS has the highest rank. Indiatoday 2021 ranked the institute 12 for MBA.
JBIMS offers better ROI. Course fees for the institute are INR 6.05 Lakhs. While the average CTC for the institute is INR 27 LPA, according to JBIMS placements highlights of 2022. If you are interested in Finance, you should choose JBIMS.
If you are interested in Marketing and Ops, you should go for SP Jain.
Do not believe in the ranking of the college. It will cost you if you are not a resident of Mumbai as the college does not have a hostel and spending this much amount for an MBA is really stupidity.
You will get an average package of around 12.5-13 LPA for core and 9-10 LPA for HR. Also, the college charges separate amounts for GDPI round and after the release of results, the college demands 9 lakh be deposited immediately within a week.
Also, it is believed that sitting in centralized AC and roaming in posh areas would not help in your overall development but exposure to different fields prepares you for the professional front.
Lastly, we can say that spending too much without availing facilities is not worth it. So abstain from getting admission here. Instead, take admission in other top management colleges where you get exposure to various other fields as well.
NMIMS ranking in MBA colleges is really amazing. Not only in ranking but NMIMS is doing really well in its placements too.
NMIMS was first accredited by NAAC and was awarded 5 stars. This was based on the basis of its performance and contribution to Management Education and its emergence as an outstanding institution.
The following table shows the recent ranking of the institute:
Organization |
Ranking |
NIRF 2020 |
24th among Management Colleges |
Outlook 2020 |
4th among Private MBA colleges |
Economic Times 2019 |
6th among MBA colleges |
Business Today 2019 |
9th among MBA colleges |
Moreover, NMIMS offers a wide range of PG and doctoral level programs in the field of Management such as MBA, E-MBA, and PGDM, Ph.D. along with a few diplomas and PG diploma programs.
Over the years, NMIMS School of Business Management has consistently achieved a 100% placement record and has managed to place its students in top companies such as Cognizant, Deloitte, EY, KPMG, PwC, IBM, and Microsoft among others.
NMIMS is the best option among these. The strategic location, excellent placement, and brand value put NMIMS ahead of the other institute mentioned in the question.
NMIMS is located at the financial hub of Mumbai. The campus is just an hour or an hour and a half drive away from commercial and industrial spaces like Bandra Kurla Complex, Navi Mumbai, South Bombay, etc. Due to the locational advantage students can easily attend industrial visits of reputed organizations like TOI, Pepsico, JPMC, etc.
NMIMS Mumbai placements are way ahead of the B-Schools in the same tier. Even with a batch size of 500+, the institute offers an average CTC of INR 23.07 LPA.
NMIMS Mumbai offers a good MBA program. It has a brilliant faculty base. Most of the faculty members are well-experienced and cooperative. If you are interested, you can research under any professor of your choice. It follows the Harvard case studies. You can learn and participate in the case study competitions.
NMIMS Mumbai placements 2022 had an average CTC of INR 19.40 LPA. While the highest CTC offered by the institute was INR 24.84 LPA. Located in the finance capital of the country, it also offers good exposure to students.
NMIMS MBA fees per year is INR 10.95 Lakhs. So, the total fees for the two year long course is INR 21.90 Lakhs. Here are the specific fee details for different specializations.
Course | Fees(in INR) |
MBA/MBA HR | 10,42,000 |
MBA in Pharmaceutical Management | 6,32,000 |
Dual Degree in MBA Decision Sciences & Analytics and MS in Business Analytics & Information Mangement from Purdue University | 12,02,000 |
MBA Business Analytics | 8,52,000 |
The hostel fees need to be paid separately.
A part-time MBA does not hold as much value as a full-time MBA does. One of my friends with an Executive MBA degree said it can only be a helping hand to support growth in your existing company or similar roles. It cannot provide much exposure. It will help you grow in the company you are already in.
For instance, if you similarly want to be promoted to a TL role or Mid-level managerial role in the same field, a part-time MBA can provide an edge, given the competitiveness, and can partly also assist in job role changes in the same organization.
However, in the case of a complete career shift, a part-time MBA can be a demanding approach. You will have to evidently prove your best side in the competition.
It is suggested that you take into account your long-term goals, before arriving at any conclusion. That translates, a part-time MBA can probably provide a short-term career uplift, while simultaneously an executive or full-time MBA program can most definitely boost your future career exposure and lift you to better profiles with ease.
NMIMS Distance Learning program for MBA is a highly reputed course. It is valued by the Indian corporate world. The students get a nationwide exposure on how the corporate world functions.
It also helps you to enhance your skill sets to secure a good job role and maintains your study-life balance. If you are willing to learn the functioning of the corporate world and secure a good job offer, then go for the NMIMS Distance Learning program for MBA, as it will prove to be beneficial for your career.
They have Live Interactive Online Sessions, recorded lectures and flexible class timings. The faculty is also very cooperative and responsive. The brand NMIMS will surely help you further in your career.