NMIMS Mumbai MBA: Fees 2025, Course Duration, Dates, Eligibility

Mumbai, MaharashtraDeemed to be UniversityEstd 1981
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Latest Update: NMAT 2023 exam is Scheduled between October 10 to December 19, 2023. Interested Candidates can apply through the official Website.

NMIMS Mumbai MBA (Master of Business Administration) is a 2-Year, Full-time, Flagship Program. Candidates with a Bachelor’s Degree and Valid NMAT scores are eligible to apply for the Flagship Program.

NMIMS Mumbai MBA fees is INR 23.90 lakhs for 2 years. NMIMS Mumbai MBA Cutoff is 232. NMIMS Mumbai MBA intake is 600.

NMIMS Mumbai MBA Important Dates 2024

NMAT Events Dates
NMAT Registration August 1 - October 12, 2023
NMAT Scheduling August 1 - October 21, 2023
NMAT Re-Scheduling August 1 - December 16, 2023
NMAT Exam Dates October 10 - December 19, 2023
NMAT Registration Retake October 11 - December 16, 2023
NMAT Retake Scheduling October 11 - December 16, 2023
NMAT Last Date for Scorecard Download March 31, 2024

NMIMS Mumbai MBA Fees

The total fee for the MBA program at NMIMS Mumbai is as follows:

Courses Fees
MBA/ MBA HR  INR 11.95 lakhs Per Year
MBA Business Analytics INR 10 lakhs Per Year
MBA Digital Transformation  INR 10 lakhs Per Year
MBA Pharmaceutical Management INR 7.50 lakhs Per Year

NMIMS Mumbai MBA Seats

The annual intake capacity of the MBA programs at NMIMS Mumbai is given in the table below:

Program Intake
MBA Human Resource 120
MBA Pharmaceutical Management 120
MBA Business Analytics 120
MBA Digital Transformation 60

NMIMS Mumbai MBA Selection Criteria

  • Bachelor’s Degree with a Minimum of 50% marks.
  • 2 Years of Industry Experience is desirable.
  • Students in their Final Year of Graduation.
  • Valid NMAT Scores.

NMIMS Mumbai MBA Admission Process

NMIMS Mumbai MBA Admission process is as follows:

Stage 1:

NMIMS Mumbai Shortlist Candidates on the basis of their Valid NMAT Scores for Psychometric Test or Written Analytic Test (WAT) & Personal Interview (PI). The minimum NMAT Cutoff for MBA is given below:

Logical Reasoning Language Skills Quantitative Skills Total (Out of 360 Marks)
71 76 69 232

Stage 2:

Shortlisted Candidates are called for WAT & PI for further selection process. Final Merit List will be prepared based on Candidate’s Academic Marks, Work Experience, Overall Performance in WAT & PI and NMAT Scores.

NMIMS Mumbai MBA Admission: How to Apply?

NMIMS Mumbai MBA Admission form can be filled online on the official website. To fill the application form, check the steps below:

  1. Fill in the application form on the website to confirm your candidature.
  2. 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. 
  3. The last preferences you select will be taken as your final preferences for the further selection process.
  4. You should then select the program you are applying for.
  5. Application Fee: You should pay INR 2,600/- Application fee either through a Credit card, Debit Card, or Internet Banking. 
  6. You should select your choice of the centre from the given 18 centres across India.
  7. Your registration is now complete. 
  8. You will be able to download your admit card after completing the registration.

Documents Required:

  • 10th and 12th Marksheets
  • Degree Marksheet (separate for each Semester / Trimester) or Consolidated Marksheet
  • Degree Certificate and Provisional Certificate
  • Post Graduate Degree Marksheet and Certificate, if applicable
  • Candidates who have completed their Graduation from Overseas Universities should carry their AIU Certificate (University equivalence)
  • Migration Certificate
  • Eligibility Certificate (If required)
  • Work Experience Certificate
  • Original Medical Fitness Certificate (signed by Registered Medical Practitioner)
  • Mediclaim Policy

NMIMS Mumbai MBA Placements 2023

Particulars 2023
Number of Recruiters 148
Percentage of PPOs 36%
Highest Package INR 67.80 LPA
Average Package INR 26.63 LPA

Check NMIMS Mumbai Placements

NMIMS Mumbai MBA Rankings

Ranking Bodies Year Category
National Institutional Ranking Framework (NIRF) 2023 21st in Management
Indian Institutional Ranking Framework (IIRF) 2023 9th in Management (Pvt.)

Read More NMIMS Mumbai Ranking

NMIMS Mumbai Vs IMT Ghaziabad Vs SIBM Pune

Institute Name NMIMS Mumbai IMT Ghaziabad SIBM Pune
Fees INR 23.90 lakhs INR 19.53 lakhs INR 24.59 lakhs
Highest Package INR 67.80 LPA INR 65.6 LPA INR 35.05 LPA
Average Package INR 26.63 LPA INR 17.35 LPA INR 26.77 LPA
NIRF Ranking 2023 21 38 17

NMIMS Mumbai MBA FAQs

Ques. Is NMIMS Mumbai good for MBA?

Ans.NMIMS Mumbai MBA program has good placements. As per the recent placements held at NMIMS Mumbai, the average salary package stood at INR 23.07 LPA and the highest package stood at INR 57.65 LPA. Around 180 companies visited the campus for recruitment from various sectors. Not just the final placement, summer internship stipends are also worthy. The highest stipend students received is INR 4 Lakhs (per two months) and the average stipend is worth INR 1.40 Lakhs.

Ques. What is the estimated NMIMS MBA fee?

Ans. The estimated NMIMS MBA fee is as follows:

  • NMIMS School of Business Management, Mumbai (MBA/MBA-HR): INR 23.90 Lakhs
  • NMIMS School of Business Management, Mumbai (MBA Pharmaceutical Management): INR 15 Lakhhs

Ques.Does NMIMS provide a distance MBA?

Ans. Yes, NMIMS distance MBA/ PGDM is offered in various specializations. The specializations offered are: Supply Chain Management, Marketing Management, Information Technology, Human Rights, and Operations Management

Ques.What are the documents required at the time of NMIMS Mumbai MBA admission?

Ans. At the time of admission, the following documents need to be presented for verification in original as well as self-attested photocopies:

  • 10th Mark sheet & Passing Certificate 
  • 12th Mark sheet & Passing Certificate
  • Degree Mark sheet (for 1,2,3,4 ……… years), separately for each semester/ trimester. Only if separate mark sheets are not issued by the University / Institute consolidated mark sheets will be accepted.
  • Degree Certificate
  • Provisional Degree Certificate / Passing Certificate
  • Post Graduate Degree Mark sheet, wherever applicable
  • Post Graduate Degree Certificate, wherever applicable
  • AIU Certificate (University Equivalence) is mandatory for those candidates who have completed their graduation from Overseas Universities.
  • Migration Certificate
  • Eligibility Certificate (if required)
  • Work Experience Certificate
  • Medical Fitness Certificate (In Original Signed by Registered Medical Practitioner)
  • Mediclaim Policy

Ques. Does NMIMS accept international applicants as students?

Ans. NMIMS does accept international applications from both foreign nationals as well as non-resident Indians. International candidates are required to submit a certificate of equivalence of their qualifying degree from a competent authority. Also, International candidates need not compulsorily appear for NMAT to qualify for admission into NMIMS MBA programs. A valid GMAT score is also acceptable.

MBA Courses Offered By NMIMS Mumbai 2025

Master of Business Administration [MBA] 
1st Yr Fees:₹6.5 Lakhs - 12.5 Lakhs
9 Courses2 Years Full Time
#4out of 119 by Outlook
Disclaimer: Offered by the university department.
(Based on 16.2K views last year)
1305 Students have shown interest in the last 30 days

Eligibility:

Graduation with 50% + NMAT

Application Date:

30 Oct 2023

MBA Courses FeesApplication DateCutoff (Percentile)
259 Viewed
11,00,000
1st Yr Fees
30 Oct 2023
96NMAT
418 Viewed
12,50,000
1st Yr Fees
30 Oct 2023
96NMAT
164 Viewed
8,00,000
1st Yr Fees
30 Oct 2023
96NMAT
103 Viewed
7,50,000
1st Yr Fees
30 Oct 2023
96NMAT
65 Viewed
12,50,000
1st Yr Fees
30 Oct 2023
96NMAT
115 Viewed
11,00,000
1st Yr Fees
30 Oct 2023
96NMAT
23 Viewed
9,00,000
1st Yr Fees
30 Oct 2023
96NMAT
16 Viewed
6,50,000
1st Yr Fees
30 Oct 2023
96NMAT
2 Viewed
11,50,000
1st Yr Fees
30 Oct 2023
96NMAT

Is NMIMS a good college for an MBA?

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NMIMS Mumbai Cutoff 2025

Exams

NMIMS Mumbai, NMAT Cutoff 2023

NMIMS Mumbai, NMAT Cutoff 2023 for General Category is listed below. The overall cutoff percentile for NMAT is 96
Courses
Round 1
(Cutoff percentile)
Compare
96
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96
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96
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96
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96

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NMIMS Mumbai Ranking: Outlook, India Today, NIRF, The Week, The Times Of India

Ranking AgencyLatestPrevious
Outlook
#4 out of 119 (2025)
#4 out of 119 (2021)
India Today
#10 out of 272 (2023)
#2nd Mumbai
#11 out of 281 (2022)
#3rd Mumbai
NIRF
#21 out of 125 (2023)
#4th Mumbai
#5 Maharashtra
#25 out of 125 (2022)
#4th Mumbai
#5 Maharashtra
The Week
#5 out of 159 (2020)
-
The Times Of India
#6 out of 50 (2019)
#1st Mumbai
#2 Maharashtra
-

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Why To Join NMIMS Mumbai - Reviews & Rating

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Pratham Nautiyal
4.0
MBA, General
Reviewed on (Enrolled 2024)

Fees and Financial Aid:

The fee for the 2 years is 21,00,000 for the 2 years, this is just the tuition fee. 10,50,000 for one year and the same for the second year. The hostel fees is 2,80,000 for 10 months and they provide breakfast, lunch in campus, snacks in hostel and dinner also in hostel. Also the hostel is 5 kms from the campus.
...Read More
Pratham Nautiyal
4.0
MBA, General
Reviewed on (Enrolled 2024)

Fees and Financial Aid:

The fee for the 2 years is 21,00,000 for the 2 years, this is just the tuition fee. 10,50,000 for one year and the same for the second year. The hostel fees is 2,80,000 for 10 months and they provide breakfast, lunch in campus, snacks in hostel and dinner also in hostel. Also the hostel is 5 kms from the campus.
...Read More

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NMIMS Mumbai: 12 Answered Questions

What is the fee structure for an MBA/PGDM course in NMIMS?

Surbhi MishraMBA from SVKM's NMIMS (2019)

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. 

...Read More
0
0

What is the total cost incurred in doing your MBA from NMIMS Mumbai?

SnehaLived in Mumbai, Maharashtra, India

The following answer is based on my brother’s experience at NMIMS and may vary from person to person depending on their own personal expenses and standard of living. The table below shows the NMIMS MBA fee structure.

Particulars 

Data

Total Fees

INR 23.90 Lakhs

Hostel fees (Non-Refundable)

INR 2,25,000- 3,00,000

Hostel fees (Refundable)

INR 10,000

From the above data the approximate cost is 26-27 Lakhs. The additional expenses like hanging out, fares, and miscellaneous activities can amount to 1 Lakh. 

Now let’s consider you staying in a flat and not a hostel. The MBA fees remain the same. But the living expenses are considerably cut down. My friend lives in a flat with 5 people and shared her average expenses.

  • The rental expense was 10k
  • The security deposit was 1 lakh
  • 6-8k per month for electricity bills and grocery shopping
  • An additional 2-3k for hanging out 
  • The average auto fare would be 3k per month
  • The rough average is 20k per month and if you calculate the same for 21 months it amounts to 4.2 Lakh.

The total expenses including tuition fees amount to 30-33 Lakhs. I think it’s better to go to a hostel than to a flat.

...Read More
0
0

What is the value for part time PGDM in NMIMS Mumbai?

Satyam Purwar
Yasmeen SPGDM in Post Graduate Diploma in Management & Business Management, SVKM's NMIMS

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.

...Read More
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How do the new HR programs of IIM Ranchi, NMIMS, and XIMB measure up to the established ones of XLRI, TISS, MDI and SCMHRD?

Apoorv AshutoshFormer PhD Candidate at Indian Institute of Management Lucknow (2017–2020)

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.

...Read More
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How is the PGDM in Business Analytics at NMIMS - Mumbai Campus? What are the job prospects after pursuing this 2-year full-time course?

Aishvery MendkeEngineer at SVKM's NMIMS

NMIMS PGDM in Business Analytics is one of the most coveted programs recently owing to its vast prospects. The industries this program caters to include

  • Banking and Financial Services
  • Insurance
  • Telecommunication
  • Consulting companies
  • Manufacturing
  • Retail
  • KPOs
  • Product start-ups
  • E-commerce

Some major roles and responsibilities of the Job prospects of Business Analytics are given below.

Business Analyst (Manager/Consultant)

  • Handles a team with a major emphasis on Business Analytics
  • Should have a good understanding of technical tools, data analytics foundation methods, data gathering, and processing
  • Should be skilled in communication, leadership, team management, and strategic thinking.

Business Analyst (Individual Contributor)

  • Has to handle business interpretation and analytics in providing information from data
  • Uses information to give a detailed overview of the business
  • Should have knowledge of technical components related to managing data

Data Miner/Modeller (Manager/ Individual Contributor)

  • He comprehends data models that help support business decisions 
  • They help manage Risk/Marketing and in making decisions
  • Needs to be well versed in mathematics, science, and computer science.
  • Mostly hired in BFSI and Telecoms

Data Scientist (Individual Contributor/ Consultant)

  • They are particularly proficient in coding and reading statistical data
  • Inclined towards technicalities of business analytics and modifying/building new algorithms
  • Inhibit high data knowledge with proficiency in technology to manage, visualize and analyze data.

Going through the details of the roles and responsibilities of Business Analysts, you can go for the one that suits you the most.

...Read More
0
1

What is special in NMIMS, Mumbai MBA?

Rajshekhar RoyMBA tech Mechanical from SVKM's NMIMS (2024)

NMIMS is indeed one of the top B Schools in India. It has many distinguishing features making it one of the most coveted MBA destinations for aspirants. Some of them include

  • Brand value: Being among the top B Schools in India, NMIMS enjoys great brand value. Its alumni are successfully leading many organizations in top roles and this alone is a testament to its brand name.
  • Placements: NMIMS Mumbai has a great placement scenario. The final report of NMIMS Mumbai Placements 2022 has been released. According to the report, the highest salary package stood at INR 57.65 LPA, Students received an average salary of INR 23.07 LPA. Around 150+ recruiters participated in the placement drive from various sectors like BFSI, Consulting, IT, Pharmaceuticals, Media & Telecom, Consulting, etc.
  • Location advantage: Situated in the Finance capital of India, NMIMS enjoys a great locational advantage and gives an edge to many B Schools. It is the best spot for Finance enthusiasts as the headquarters of many companies' finance sector is located here. Even the other specializations flourish here.
  • Alumni: NMIMS has an elaborate alumni network that stretches across various reputed companies. Some might consider the huge batch size as a demerit but in reality, it results in a strong alumni base.

NMIMS is special in all the above aspects making it a distinguished choice among MBA aspirants.

...Read More
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Which is better: an MBA from NMIMS Mumbai or a job through SSC CGL?

RohitM.B.A. - Marketing, NMIMS Mumbai (Batch '19-21)

Comparing the two, an MBA from NMIMS and a job through SSC CGL are highly illogical. The prospects and magnitude of both career inclinations are totally different. Let’s conduct a general comparison on the basis of some common aspects

  • An MBA from NMIMS needs a lot of investment while a job through SSC CGL does not. Considering the probability of getting a good job after my MBA, I think going with SSC CGL is a safer option.
  • Your social status will be much better in the case of SSC CGL. You might face some drawbacks in your work life but in your social circle, you will be considered a man of great importance. Your family will be benefiting from your social status through good education. The salary is average, not less given the better social status you will be enjoying in contrast to working as an MBA professional in the corporate world.
  • Analyze your social and personal responsibilities as an MBA professional as well as CGL. You might get a picture of what you are aiming for. Choosing an MBA is not worth it unless it's a firm top 5 IIM or you are looking for a career abroad.

So MBA will guarantee you a lot but money which does matter to an extent but not when compared to the reputation you will gain as an SSC officer. MBA requires a lot more than you think. It may groom you but not ensure a better social structure like CGL.

...Read More
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Is it worth spending money for a BBA at NMIMS, Mumbai?

Yash SanghviLives in Mumbai, Maharashtra, India (2015–present)

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.

...Read More
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How good is the NMIMS Mumbai BBA programme? How are the placements, the summer internship for this year, and recognition by top IIMs?

Ahana Bhaduri
Advaith BhaskarLives in Mumbai, Maharashtra, India (2000–present)

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.

...Read More
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How is the NMIMS Mumbai? What can be the cost of 2 years for an MBA, including accommodation? Is it worth the money? Which companies come for placement?

Malhar JoshiMBA Operations & Supply Chain, Symbiosis Institute of Business Management, Pune (2014)

You have asked multiple questions at the same time and I'm here to clear all your doubts. Starting with the first part is how NMIMS is, well it is better than the newer IIMs and institutes like IMT, SIBM, SCMHRD, and IMI. In case you have calls from these, straight away go for NMIMS only. You can pursue an MBA with any specialization here. You should reconsider your decision however if you have calls from MDI, NITIE, IIFT Delhi, IIT Bombay, and JBIMS and you are willing to study something apart from Marketing.

However, NMIMS is not comparable to the older IIMs and FMS.

Cost of MBA (2 years )

The yearly NMIMS MBA fees are INR 11.95 Lakhs Fees. The additional costs are around 2.4 Lakhs every year. So the total cost of an MBA for 2 years is around INR 28.7 lakhs.

Worth

It’s impossible to evaluate correctly if a certain B School is worth the money. Some end up with high packages while some with low packages. Also, ROU is a broad term and cannot be determined by just the package you receive. Most of the time I have seen the lives of people with low packages change after their first job. So the initial package is just a stepping stone and not a deciding factor.

Placements 

Some major companies that visit the campus for placements are Aditya Birla Capital, EY, Capgemini, Cognizant, ICICI Bank, etc.

...Read More
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0
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