NMIMS Mumbai Admission MBA 2024: Fees, Cut off, Criteria

Most part-time courses carry no real value other than adding the post-graduate tag. They have no worth in the corporate world irrespective of whichever reputed college you have chosen. NMIMS is one of the top reputed B Schools in India and has a big brand name. 

• The faculty is extremely talented and experienced
• The placement scenario is pretty good except that part-time courses have no fixed statistics.
• The fees are relatively high when compared to other B Schools of the same league
• The curriculum is very rigorous and requires constant attendance and involvement. Being a part-time PGDM, you are probably a working professional and it becomes very difficult to balance work with studies. 
• The curriculum required you to submit assignments and give frequent exams. This might be difficult for working people.
• Unfortunately there is quite a level of distinction between full-time PGDM students and part-time PGDM students as the former get the most attention from teachers.
• The curriculum is rushed in order to get completed within 21 months imparting no real learning 

I know a friend who chose NMIMS Executive MBA and paid hefty fees just for the brand name instead of doing the same course at a less popular B School. She regretted her decision and claimed the program to be a total waste of money and time. She said she could have done the same from another B School at half the cost. So part-time MBA itself is not that worthless, but paying a hefty sum merely for the brand name and postgraduate tag is illogical. You can do the same program at a much lesser cost than other B Schools.

The simple answer to your question is no, the new HR programs of IIM Ranchi, NMIMS, or XIMB are not at par with the established ones XLRI, TISS, MDI, and SCMHRD. The established programs especially that of XLRI are the epitome of HR programs. They cannot be compared to the new ones at any given level or parameter.

• Faculty: The professors of XLRI are renowned throughout the industry for their competency. They specialize in almost every domain one can think of be it Law, Competency Modeling, Compensation, or Performance Management.
• Peers: It’s the cream students who get the opportunity to get into a prestigious college like XLRI. You can see tough competition between the finest students at college. Every individual has a valuable opinion and stands to contradict others. Their thinking pattern is broad and given a case study, they look at all angles from accounting to finance to laws while proposing the solution. The situation at TISS is also quite similar.

Now one can say that the curriculum can be replicated and learned faculty can be sought to match the quality of the HR program at these institutes. But the truth is faculty and curriculum are the main but not the only factors that determine an institute's worth. Its own culture, ethics, and background have a lot to do with the programs it offers.

So one cannot match XLRIs programs no matter how much they try.

My sister has recently completed her BBA with a specialization in Finance from NMIMS and she told me about the actual placement scenario of the college. She agrees with the fact that NMIMS is a top B School with an excellent curriculum and faculty. You will be offered amazing opportunities in the form of working in a big MNC or becoming an entrepreneur. 

However, the situation of placements is not what it seems from the reports. Although my sister was able to get placed she witnessed many of her batch mates unplaced or placed with a very minimal package. Many companies visit the campus owing to the great brand value but the major problem that arises is the huge batch size. The competition is tough as the intake is very high. This year the total intake is BBA 600; BCOM 180. Henceforth very low packages are offered that are not even close to those mentioned in the placement reports. 

In my sister's batch apart from 3 students, every student got a package of less than 3 LPA. Deloitte hired less than 17 students. While the placement scenario was really poor, the knowledge that she gained in those 3 years did help her pass CFA level-1 the next year. So it’s you who can decide if the money you spend is worth it or not by determining what you really want from your BBA.

The Bachelor of Business Administration program at NMIMS is pretty good and ranks 3 across the country. My brother completed his BBA from NMIMS Mumbai in 2016 and during his time the average package was INR 3 LPA. Currently, the median salary is INR 4.8 LPA. The companies that visit the campus for BBA placements are

• ACCENTURE
• Aircel
• Airtel
• Allahabad Bank
• Ambuja Cement
• Bank of Baroda
• Goldman Sachs
• Google
• HCL Technologies

You will have a lot of opportunities and the crowd is also talented in almost everything. Multiple internships offered mainly from Intershala are offered to students at different times. The timings can vary from division to division and depend on your semester as well.