About NMIMS, Mumbai 🏛️
Narsee Monjee Institute of Management Studies (NMIMS), established in 1981, is a premier private Deemed-to-be University located in Mumbai. With a NAAC 'A+' Grade, it is consistently ranked among the top business schools in India. While it has multiple campuses, the Mumbai campus is the most prestigious. NMIMS is renowned for its flagship two-year **Master of Business Administration (MBA)** program offered through its School of Business Management (SBM). It is also known for its wide range of undergraduate courses (BBA, B.Com Hons) and its autonomous, highly competitive admission process through the NMAT by GMAC™ exam.
Key Information at a Glance 📊
Attribute | Details |
---|---|
Total Fees (Approx.) | ₹24 Lakhs for MBA (2 years) |
Flagship Program Intake | ~600 (MBA Core) |
Highest Package (2025) | ₹67.8 LPA (Lakhs Per Annum) |
Average Package (2025) | ₹26.6 LPA |
Median Package (2025) | ₹25.0 LPA |
Scholarship Availability | Yes, various merit-based scholarships are available |
Top Recruiting Sectors | BFSI, Consulting, FMCG/FMCD, IT & Analytics |
Top Recruiters | Goldman Sachs, JP Morgan, McKinsey, BCG, Bain, HUL, P&G, Google, Microsoft |
Approvals | UGC, AICTE, NAAC 'A+' Grade |
Placements In-Depth: The Return on Investment (ROI) 📈
NMIMS Mumbai offers an outstanding ROI, with its flagship MBA program being a prime target for top-tier consulting, finance, and FMCG companies. The university's strong industry connections and prime location in the financial capital of India ensure a 100% placement record with exceptional salary packages and a high number of Pre-Placement Offers (PPOs).
Placement Highlights (MBA Core) | |
---|---|
Placement Rate | 100% |
Total Companies for Recruitment | 148 |
Average Package (Top 10%) | ~₹40 LPA |
Major Roles Offered | Management Consultant, Investment Banker, Product Manager, Brand Manager, HR Leader |
Top Recruiters by Sector
- Consulting: McKinsey & Company, Boston Consulting Group (BCG), Bain & Company, Kearney, Accenture Strategy, Deloitte.
- BFSI: Goldman Sachs, JP Morgan Chase & Co., Bank of America, HSBC, ICICI Bank.
- FMCG/FMCD: Hindustan Unilever (HUL), Procter & Gamble (P&G), ITC, Nestlé, L'Oréal, Asian Paints.
- IT & E-commerce: Google, Microsoft, Amazon, Adobe, Cisco.
Fee Structure & Scholarships: Funding Your Education 💰
NMIMS is a premium private university with a fee structure that reflects its high academic quality and strong brand value. It also offers scholarships for academic excellence.
Fee Structure (Approx.)
- MBA Program Fee: ~ ₹12,00,000 per year.
- Hostel & Mess Fees (Optional): Hostel facilities are limited and off-campus.
- Note: Education loans are readily available from all major banks with special schemes for NMIMS.
Scholarship Opportunities
The university offers several scholarships for meritorious students:
- Merit-Based Scholarships: Offered to top students based on their performance in the first year of the MBA program.
- Corporate Scholarships: Various corporate-sponsored scholarships are available for students.
Internships & Practical Training 🏢
The summer internship program is a critical component of the curriculum at NMIMS, leading to significant industry exposure and a high rate of PPOs.
- Mandatory Summer Internships: All students undergo a 2-month internship. The placement cell provides 100% assistance.
- High Stipends: For the flagship MBA program, the average internship stipend is often in the range of ₹2.0 Lakhs for two months.
- Live Projects & Competitions: Students actively participate in numerous corporate-sponsored live projects and case study competitions.
- Global Exposure: The university has collaborations with international universities for student exchange programs.
The Real Campus Experience: Life at NMIMS 🧑🎓
Life at NMIMS Mumbai is fast-paced and competitive, reflecting the spirit of the city itself. The campus is a modern, multi-storeyed building in the bustling Vile Parle area, fostering a highly corporate and professional environment.
Campus Vibe
The campus is a hub of ambitious students from across the country, known for its professional and driven atmosphere.
- State-of-the-art infrastructure in a compact, vertical campus.
- A strong emphasis on a corporate-like environment and student-driven activities.
- Proximity to Mumbai's corporate and financial hubs.
- A vibrant and highly competitive student culture.
Clubs & Fests
Life is driven by numerous professional and cultural student-run cells and committees.
- Over 30+ active student cells for consulting, finance, marketing, and more.
- A plethora of case-study competitions, business conclaves, and leadership talks.
- "Paragana": The grand annual business school festival.
- "Sattv": The annual social responsibility event.
Admissions Process & Eligibility (MBA) 📝
- Check Eligibility: A Bachelor's degree with a minimum of 50% marks. Final-year students can also apply.
- Appear for NMAT by GMAC™: A high score in the NMAT (NMIMS Management Aptitude Test) is the mandatory first step. Candidates can attempt the exam up to three times and their best score is considered.
- Apply to NMIMS: While registering for NMAT, candidates must also apply separately to NMIMS Mumbai and other campuses they are interested in.
- Shortlisting & Selection Process: Candidates are shortlisted based on their NMAT score. The final selection process for the MBA Core program includes:
- Psychometric Test: A standardized test to assess personality traits.
- Written Ability Test (WAT): A short essay on a given topic (replaced Group Discussion in recent years).
- Personal Interview (PI): A comprehensive interview with a panel of senior faculty and industry experts.
- Final Offer: A composite score is calculated based on performance in all parameters (NMAT, Academics, Work Ex, WAT, PI). A final offer of admission is made based on the merit list.