NMIMS MBA Fees 2023 – 2024 | Admissions, Courses, Fees, Placements

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    NMIMS College is one of the most reputed colleges in India, with numerous campuses. NMIMS offers multiple courses, and the flagship here is the MBA. This article discusses the different MBA courses, fee structure, commonly asked questions, admission dates, etc.

    Insights into NMIMS MBA Program 2023

    Over the past 35 years, NMIMS has evolved from a management institute that only offered one product—MBA education—to a Deemed to be University that now offers a variety of products through separate schools for business management, pharmacy, technology management & engineering, hospitality, architecture, science, commerce, economics, and law. The parent body has responded to the perceived need for centres of excellence around the country and recognized the need for specialized schools in various fields at the headquarters in Mumbai, thus expanding the base of high-quality higher education.

    During the NMIMS MBA, the students learn how to effectively and efficiently manage themselves, their families. Further, during the course, students learn how to manage their jobs thanks to a holistic strategy that instills a distinctive and in-demand competency called work-life balance. Furthermore, professionals who are competent, conscientious, consistently excel in all areas of their personal and professional lives. Moreover, during the NMIMS MBA, real-world experiences gained through frequent corporate interactions, rural trips, and social responsibility awareness seminars and visits. Further, with programmes like “We Care” with NGOs students get hands-on exposure during the semester through industry tours, immersions in rural environments, and a brief stint working for an NGO.

    NMIMS Distance MBA 

    The distance and online learning division of the SVKM’s NMIMS Deemed-to-be University, the NMIMS Global Access School for Continuing Education, is a continuing and professional education pioneer. In 2013, they started their trip into the technological route with online learning and ed-tech usage. The institution established itself in 1994 to offer distance education. Consequently, they have enabled thousands of students throughout India to achieve their goals and dreams. To create global leaders and success stories, NMIMS Global is expanding worldwide with its MBA Programme after enrolling more than 150,000 active students, most of whom are in the upper echelons of more than 8,000 corporate enterprises nationwide. 

    Read: Compare the Top Universities for Distance Education MBA in 2023

    They have a flexible approach to their MBA (Distance) programme made possible by knowledgeable academicians who will keep you updated with the most recent developments in the sector. The institution has meticulously designed the 2-year NMIMS MBA program to cultivate robust general management and leadership skills. This foundation paves the way for a bright future, allowing you to adjust the coursework according to your schedule. 

    NMIMS Online MBA 2023

    The NMIMS Global Access School for Continuing Education at SVKM offers the NMIMS distance MBA, a two-year degree programme, through online and distance learning. One of India’s top-ranked UGC-approved online management programmes is the NMIMS Distance Education MBA. Numerous major websites have listed the remote learning MBA programme as one of the top 10 online & distance learning MBA programmes, and thousands of students select NMIMS each year to continue their studies. NMIMS distance MBA has already gained popularity in India among working professionals and recent graduates, with more than 1.25 lakh students and more than 22500 alums.

    NMIMS MBA Fees 2023 

    When founded in 1981, the Narsee Monjee Institute of Management Studies offered just one Degree. Today, it boasts 17 specialized on-campus schools. MBA is a popular programme at NMIMS Mumbai. The annual MBA tuition is INR 11.95 Lakhs. Varied specializations of many courses have varied fees. NMIMS Mumbai offers 8 PG courses and 11 UG degrees. NMIMS Mumbai’s courses include integrated courses like MBA Tech (B.Tech + MBA), Integrated M.Sc, and numerous diploma and certificate programmes.

    The MBA programme at NMIMS Mumbai costs INR 11.95 lakhs per academic year. The following are the NMIMS Mumbai tuition costs for each MBA specialization:

    Course Fees
    MBA INR 11.95 lakhs
    MBA HR INR 11.95 lakhs
    MBA Pharmaceutical Management INR 7.50 lakhs
    MBA Business Analytics INR 10 lakhs
    MBA Digital Transformation INR 10 lakhs

    NMIM Mumbai to guarantee a simple and hassle-free approach for students, gives clear instructions for fee payment. Enrolled students can pay their fees by selecting “online fee payment” in the website’s lower section. 

    NMIMS Entrance Exam 2024

    The two-year full-time MBA programme is the flagship programme offered by NMIMS Mumbai. In addition to the general MBA, the University also offers a degree in a number of specialized concentrations, including human resources, business analytics, digital transformation, and pharmaceutical management. NMAT scores, group discussions, and personal interviews determine admission to the MBA programme at NMIMS.

    Events Tentative Dates
    NMAT Registration August 1 – October 10, 2023
    NMAT Scheduling August 1 – October 12, 2023
    NMAT Rescheduling 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

    Read: Top Distance Diploma Courses to Enhance Your Job Skill Set 2024

    NMIMS Admission Dates 2023-2024

    The application for admission dates below- 

    Events MBA / MBA HR MBA Business Analytics/ MBA Digital Transformation MBA Pharma
    Application Process January 21 – 26, 2024 (Tentative) January 21 – 26, 2024 (Tentative)7 January 21 – 26, 2024 (Tentative)
    Registration for WAT/ PI January 21 – 26, 2024 (Tentative) January 21 – 26, 2024 (Tentative) January 21 – 26, 2024 (Tentative)
    Conduct of WAT/ PI January 31 – February 08, 2024 (Tentative) February 9 – 23, 2024 (Tentative) March 3 – 4, 2024 (Tentative)
    Declaration of 1st Merit List February 16, 2024 (Tentative) March 02, 2024 (Tentative) March 10, 2024 (Tentative)
    Payment of Fee February 17 – 21, 2024 (Tentative) March 03 – 07, 2024 (Tentative) March 11 – 16, 2024 (Tentative)
    Commencement of Program June 5, 2024 (Tentative) June 5, 2024 (Tentative) June 5, 2024 (Tentative)

    Read: Choosing A Professional Career That’s Right For You ?

    NMIMS MBA Courses 

    There are various procedures that students seeking admission to various UG and PG programmes at NMIMS Mumbai undertake. Admission to most UG and PG courses is on merit, and few require passing marks on national entrance tests. On the other hand, the NMIMS Mumbai admission fee payment system is comparable and offers both offline and online options.

    The regular MBA courses offered by NMIMS are listed below- 

    NMIMS MBACourses Eligibility Duration Total Seats
    MBA Bachelor’s Degree in any discipline with 50% Marks 2 Years 600
    MBA HR Bachelor’s Degree in any discipline with 50% Marks 2 Years 120
    MBA Business Analytics A 55% grade point average for an engineering, mathematics, statistics, business, or economics bachelor’s degree 2 Years 120
    MBA Digital Transformation A bachelor’s degree with at least a 55% overall grade in mathematics from an engineering, MCA, computer science, IT, electronics, physics, or other relevant field is also acceptable. 2 Years 60
    MBA Pharmaceutical Management A Bachelor’s or Master’s degree with at least a 50% grade point average in one of the following fields: pharmacy, life sciences, medical technology & biotechnology, MBBS, BDS, BHMS, BAMS, food nutrition & dietetics, pharmaceutical chemistry and technology, pharmaceutical and fine chemicals technology, microbiology, biochemistry, bioengineering, B.Tech. bio-tech./biomedical, or B.E. bio-tech./biomedical 2 Years 120

    Read: Explore Distance Learning Universities & Application Process 2023

    NMIMS MBA Placements 2023

    A PPO placed 36% of the MBA class during the placement drive. NMIMS Mumbai’s highest salary was INR 67.80 LPA, while the average salary was INR 26.63 LPA. One hundred forty-eight recruiters, including 52 first-time and 84 Fortune 500 recruiters, participated in the MBA placement drive. The top employers were Aditya Birla Capital, American Express, Goldman Sachs, Crisil, and others.

    Particulars Statistics
    Percentage of PPOs 36%
    Highest Package INR 67.80 LPA
    Average Package INR 26.63 LPA
    Major Domains BFSI, General Management, Consulting, Operations & Data Science, Finance
    Top Recruiters Crisil, Aditya Birla Capital, Goldman Sachs, American Express
    Total Number of Recruiters 148

    Additionally, students got placements in various renowned positions in corporate risk, private wealth management, working capital requirements, retail banking, product management, digital banking sales, corporate banking, equity products and research, and equity products. Further, renowned consulting companies hired students for positions including senior implementation facilitator, technology consulting analyst, management consultant, and strategy consultant. 

    India, which is currently the fifth largest economy in the world (Source – Wikipedia) is on its way to be the third largest economy by 2027-28 (Source – Economic Times). Further, India’s GDP has crossed USD 3.75 Trillion (Source – BusinessToday)  and will soon be a USD 5 Trillion economy (Source –Outlook India). Thus, with these indicators it is pretty clear that the coming years will be great for professionals in India. Moreover, an MBA from a University of repute such as NMIMS will only help professionals get better opportunities.

    NMIMS MBA Login 2023

    NMIMS Mumbai Campus has begun accepting applications for its 2-year, full-time MBA degree. The NMIMS MBA 2023 programme is a 2-year, full-time MBA programme. Further the MBA course has several specializations, including Business Analytics, Human Resources, and Pharmaceutical Management. Online registration for the NMIMS MBA 2023 has begun. Candidates ready to do so can finish the NMIMS MBA 2023 registration and application process online. Students should follow ShikshaGurus’s official website for further updates on the NMIMS MBA 2023 programme. 

    Read: Uncovering the Best Universities for Distance Learning MBA

    NMIMS online MBA Reviews 2023

    The NMIMS provides top-notch instruction in the area of management education. With more than 1,50,000 students and more than 430 staff members, the institute has now developed into a designated university. The institute initially offered a Masters degree in Management during its inception. Furthermore, at the time of inception NMIMS had only 40 students. With more than 1,25,000 students, and 22,500 alums the University is one of India’s fastest growing University.

    NMIMS is one of the top colleges in India that offers regular MBA and Online MBA courses. Students like to stress that education is of very high quality. During PCP sessions, you can ask questions about some of India’s greatest professors. With Blackboard, the online learning platform, you may access videos and a digital library during online sessions. Further, Blackboard provides a classroom-like experience from the comfort of your home. Students admin heartily propose NMIMS to you if you want to associate a brand name with your educational history. It is their experience that makes them love college! 

    Conclusion

    The residential facility houses students from diverse racial and ideological backgrounds. This diversity makes the campus intriguing to spend your college years. The three gender-specific residential buildings feature cosy individual living spaces and shared areas designed to foster increased interaction among students. The institution provides students with air-conditioned rooms on a twin-sharing basis, paired with an adjoining batch. NMIMS has led the way in developing innovations and adapting to market changes more than any other institution in the nation. Moreover, the curriculum for the NMIMS MBA course is kept up to date based on industry needs. Beginning as a management school in 1981, NMIMS has been committed to producing leaders who are socially conscious, environmentally conscious, and capable of making a difference on a worldwide scale. 

     

    Q&A

    Does NMIMS accept a CAT score?

    NMIMS Mumbai does not grant admission based on your CAT score. However, they have their own entrance exam, the NMAT, or NMIMS Management Aptitude Test, administered by GMAC. Instead of percentiles, NMIMS bases admission on test scores.

    How much does an MBA from NMIMS cost?

    The entire cost of an MBA programme at NMIMS is roughly 13.15 lakhs. However, different variant, like HR/Capital Market/Executive have a different fees structure.

    Is NMIMS too expensive?

    The overall cost of an MBA at NMIMS is around 13.15 lakhs. Narsee Monjee’s brand value is comparable to that of IIMs, so it is unquestionably worth every penny.

    Is NMIMS MBA tough?

    The academic demands might make life at NMIMS, Mumbai, occasionally chaotic. It is undoubtedly worthwhile to pursue an MBA at the institute. Further, it places alonside the best IIMs, XLRI, FMS, and JB. Moreover, NMIMS provides respectable academics and job placements.

    Frequently Asked Questions (FAQs)

    For its regular MBA programme, NMIMS Mumbai offers 600 seats each year. The NMIMS Mumbai MBA tuition is INR 11.95 Lakhs. 

    Yes NMIMS MBA is one of the best MBA’s in India. Moreover, NMIMS Mumbai is one of India’s top universities for bachelor’s and master’s degree programmes. Further, all faculty members are supportive and helpful, well-versed, and provides superior instruction and guidance.

    The NMIMS MBA core is superior. Compared to the MBA HR specialization, the core MBA programme will give you access to a stronger faculty and more job placement chances. Further, according to statistics from NMIMS Mumbai MBA core placements in 2021, the average CTC was 18.45 LPA. The average CTC for the branch’s top 50 students was INR 25 LPA.

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