Narsee Monjee Institute of Management Studies (NMIMS), Mumbai- MBA Programs, Eligibility, Admission Process, Fees, Placements: The Complete Guide

In the year 1981, Shri Vile Parle Kelavani Mandal (SVKM) started the now world famous, Narsee Monjee Institute of Management Studies (NMIMS) in Mumbai. The management institute, which was initially recognised by the Mumbai University, was accorded the Deemed to be University status in 2003 by the Government of India on UGC’s recommendation.

The programs are backed by research, a sound curriculum and delivered by faculty who have been educated and trained at some of the best educational institutions in the country and abroad. The NMIMS academic infrastructure is at par with the best in the world today.

Let us take you through some important aspects on NMIMS Mumbai Fees & Placements.

• A legacy of over 40 years.
• The institution is accredited by national bodies like NAAC and NBA at the highest level. 
• NMIMS is accredited by AACSB.
• School of Business Management Ranked 20 By National Institutional Ranking Framework by Ministry of Human Resource Development, Govt. of India
• NMIMS deemed-to be University Accredited by NAAC with 3.59 CGPA and Grade A+ in the 3rd cycle.
• NMIMS has a State-of-the-art Infrastructure.
• Highly qualified and experienced faculty team.
• Highly resourceful library.

NMIMS Mumbai Is An Iconic Institute.

Stage 1: NMAT by GMAC test is a mandatory test for applying to the following NMIMS University programmes:

1. MBA - Mumbai

2. MBA HR -Mumbai

3. Dual Degree in MBA Decision Science & Analytics + MS in Business Analytics & Information Management from Purdue University -Mumbai

4. MBA Pharmaceutical Management - Mumbai

5. MBA Business Analytics- Mumbai

6. MBA (Digital Transformation) - Mumbai

Stage 2: Case Discussion (CD) and Personal Interview (PI) only for shortlisted candidates (may be held online)

 Stage 3: Candidates' academic performance, relevant work experience and other similar inputs.

• It is mandatory for candidates to fill in the NMIMS application form on www.nmims.edu to confirm their candidature and be in the NMIMS admission programs for the 2022-24 Batch.

 • The preferences once given cannot be changed later on. Candidates are advised to check the information entered in the online registration application form very carefully while registering and again before submitting the application as they will not be allowed to make any changes after submitting the application.

• The candidates are advised to note their NMAT by GMAC / NMIMS Application number. The further communication / process will be as per NMAT by GMAC / NMIMS Application number only

• The Fees for academic year 2022-2023 will be informed during CD/PI.
• However, fees for academic year 2022- 2023 for MBA / MBA HR Program were Rs. 10,42,000/-, MBA Pharmaceutical Management were Rs. 6,32,000/-, Dual Degree in MBA Decision Sciences & Analytics + MS in Business Analytics & Information Management from Purdue University Program were Rs. 12,02,000/- MBA Business Analytics were Rs. 8,52,000/- (for information only).
• Fee for MBA (Digital Transformation) will be informed during CD/PI.

Refund:

Situated a stone’s throw away from the campus, NMIMS hostels for both boys and girls have great infrastructure and are equipped to make the students feel at home. Whether it is chilling with friends over a cup of tea on a rainy day or getting together to stay the night up studying, the NMIMS students have a time of their lives at the hostels.

Hostel fee may change each year. Students are required to submit the hostel fee along with all the necessary documents. Students may take their refund only before start of classes with a deduction of Rs.3,000 as administration charges. After this, hostel fee may only be refunded in case his/her admission with the university is cancelled.

MBA

• Highest CTC (Domestic)- ₹ 38.57 LPA
• Top 50 students average CTC- ₹ 29.00 LPA
• Highest CTC (International)- ₹ 58.61 LPA

MBA (HR)

• Highest CTC- ₹ 22.00 LPA
• Top 5% students average CTC- ₹ 19.83 LPA
• Average CTC- ₹ 4.98 LPA

Summer Internships: The highest stipend for MBA stood at ₹ 3, 00,000 and ₹ 2, 00,000 for MBA HR.

Top Recruiters:

• FMCG, FMCD, and Retail-  Aditya Birla, Apollo Tyres, Britannia, Asian Paints, Titan, Pepsico, L’Oreal, Marico, MARS, Whirlpool, Dabur, Wipro, Raymond, D’Decor and many more.
• Conglomerate, Automobile, Manufacturing, Oil and Gas sectors-  Honeywell, Stroll, Crompton, Mahindra, Vedanta, UtraTech, Cummins, TATA Motors and many more.
• Banking, Financial Services and Insurance- ICICI Securities, AXIS Bank, MAX Life, IDFC First Bank, American Express, J.P. Morgan, Kotak Life, TATA AIA, HDFC Bank, Crisil, HSBC and many more.
• Pharmaceuticals, Media, Telecommunication and Other sectors- HT Media, Abbott, Comviva, Zoom Rx and many more.
• Information Technology, Analytics, Consulting, Start-Up and E-Commerce- Amazon, Accenture, IBM, OLA, Google, Capgemini, Cognizant, HCL, CISCO, Genpact, KPMG, Dell, Microsoft and many more.

NMIMS-School of Business Management is housed in the new campus which provides an environment conducive to learning with world class amenities and facilities. The building is a 10-storey building with 60 plus classrooms. One floor is dedicated to the library and learning resource center with reading rooms. Besides this, there are also conference rooms and houses offices for marketing, placement, examination, academic administration. This 3,50,000 square feet campus provides the latest learning technology tools and aims to enhance students’ learning experience.

NMIMS Deemed to be University has long been a leader in management education. The institute uses innovative approaches to develop socially responsible managers with global perspective for successful careers. The School encourages basic and applied research and development of contextual instructional material for management education.

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