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How is NMIMS Mumbai for an MBA?

AS
Ankita Sinha Posted On : May 31st, 2022
MBA tech Mechanical from SVKM's NMIMS

NMIMS Mumbai offers a good MBA program. It has a brilliant faculty base. Most of the faculty members are well-experienced and cooperative. If you are interested, you can research under any professor of your choice. It follows the Harvard case studies. You can learn and participate in the case study competitions. 

NMIMS Mumbai placements 2022 had an average CTC of INR 19.40 LPA. While the highest CTC offered by the institute was INR 24.84 LPA. Located in the finance capital of the country, it also offers good exposure to students. 

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Which college would be better for Finance, IMT Ghaziabad or NMIMS?

SK
Singdhanjan Kar Posted On : July 29th, 2021
MBA BM, XLRI (2018)

If you are aiming for a finance profile, then you should go for NMIMS Mumbai any day without a doubt. There are various reasons for the same. Some of which are as follows.

  • Batch Size - NMIMS Mumbai has a smaller batch size than IMT Ghaziabad. A smaller batch size always helps especially during placements.
  • Location - Mumbai is the financial capital of India and thus many companies have their offices here. So it will be easy for you to get internships and other industry relationships.
  • Placements - The final placements are of much better quality and the profiles offered are also quite good. The average CTC offered at the institute is around 17 LPA.
  • Faculty - The finance professors are also quite good here.

So I think that NMIMS Mumbai will be the college you should choose if you are interested in finance.

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What is ranking of NMIMS in MBA colleges?

AG
Akriti Gupta Posted On : September 27th, 2023
lives in Mumbai, Maharashtra, India

The NMIMS rating among MBA schools is quite remarkable. NMIMS is performing exceptionally well in both rankings and placements.

The NAAC gave NMIMS its initial accreditation with an A+ grade. This was based on the institution's development into an exceptional one, as well as its performance and contribution to management education.

The following table shows the recent ranking of the institute in the management category:

Ranking Body

Ranking (In the year 2023)

NIRF

21

IIRF

25

FT

83

Business Today

10th among top B-schools

So, it can be concluded that NMIMS (Narsee Monjee Institute of Management Studies) consistently ranks among the top business schools in India. Its ranking may vary across different surveys and years but is generally within the top 20-30 in national rankings.

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How is B.Sc Economics at NMIMS Mumbai?

PJ
Pooja Johar Posted On : June 29th, 2021
MBA, SVKM's NMIMS, Batch 2017-19

The B.Sc Economics course offered by the Sarla Anil Modi School of Economics of the NMIMS Mumbai is great and will be a wonderful experience if you factor out the cost of the course.

Academics:

  • The course is well balanced and the pedagogy not only includes core subjects but also from fields such as psychology, sociology, political science, IT, etc.
  • The institute also hosts many guest lectures and seminars which offer a better understanding of the real world.
  • The demerit of the course is that it is too focused and requires a lot of attention. Attendance is taken seriously.

Fees:

  • The yearly fee for the batch of 2017-20 was INR 2.5 lakhs.
  • The university provides very limited accommodation options, so you need to live for yourself in Mumbai. Depending on your lifestyle and accommodation you will need another INR 3.5 lakhs to INR 7 lakhs per annum towards living expenses.

So even if you take the lower amount, you will need close to INR 18 lakhs to INR 20 lakhs for the whole 3 years of the undergraduate program.

Placements:

Here are the placement stats released by the department for the batch of 2016-19.

  • Total number of students – 87
  • Number of students opting for placements – 18
  • Percentage of students placed who opted for placements – 77%
  • Highest salary – INR 11.60 lakhs per annum
  • Average salary – INR 4.60 lakhs per annum
  • Some recruiters – PwC, KPMG, Nomura, Kotak Mahindra Bank, Mu Sigma, JP Morgan India Services, IDBI Federal Life, etc.

The experience is really good, but choose the institute only if you are willing to pay the huge fees for your undergraduate.

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What are the hostel accommodation charges of NMIMS Shirpur and Mumbai Campus? Is it included in the fees showed on the website?

GH
Gargi Halder Posted On : June 29th, 2021
B.Tech CSE, IIT BHU (2018)

Well, no the hostel fees are not included in the course fees shown on the website, you have to pay them separately. The accommodation charges for the NMIMS Shirpur campus and Mumbai campus vary from each other. I have friends studying on both campuses and they are currently paying the following charges.

  • For NMIMS Shirpur campus the fees are roughly 1,20,000 per year which includes both accommodation and mess food. There are separate hostels for boys and girls within the campus itself where you get facilities like Dining Hall TV Room, Reading Room, PlayGround, Transport Facility, Medical Facility, Staff Quarters, Gym Facility, Saloons.
  • For NMIMS Mumbai, the hostel fee can range from 1.3 to 1.5 lakh for 10 months which can be quite expensive. You get full-fledged hostels for girls and boys and three rented residential accommodations. The facilities are great and almost the same as the Shirpur campus. However, many students usually form groups and rent a flat near the campus which is less costly.

All in all, hostel fees especially at the Mumbai campus can be very expensive despite four-seater rooms. Also, preference is given to students who are from outside Mumbai. If you have budget constraints, you can easily rent a flat near the campus with your friends as most students do.

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How is the student life of an MBA student at NMIMS Mumbai?

MJ
Mansi Jain Posted On : April 1st, 2024

Life at NMIMS Mumbai begins with early morning lectures starting at 9 AM that go on until 4-4:30 PM. Sometimes, there is a possibility of having additional lectures after 4:30 PM as well. Student Life of an MBA Student at NMIMS Mumbai is challenging, running from one task to another and full of learning experiences. Here are some aspects of the same:

Campus: We have a really big building, and that is it! It is the campus of NMIMS, Mumbai. The Infrastructure is amazing with Air-conditioned Classrooms. NMIMS Mumbai has 2 full-fledged hostels and 4 rented residential accommodations, separately for Boys and Girls. However, the Hostels are too costly and most of the batch prefers to stay outside in Flats.

Clubs and Committees: As the new school year begins, all the Clubs and Committees introduce themselves and invite students to join them. As the students are eager to boost their Resume, they apply for this position in large numbers.

Diversity: At NMIMS Mumbai, students come from all over the country, with different backgrounds. They have various educational backgrounds and work experiences. This mix of people is one of the best in the country and has been unmatched for several years.

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How is student life at NMIMS Mumbai?

AJ
Aman Joshi Posted On : March 13th, 2023
MBA Tech. in Civil Engineering, SVKM's NMIMS (Graduated 2019)

When you join the course, keep in mind that it will have a significant impact on how you spend your time in Mumbai. If you opt for their flagship PGDM course, expect a rigorous academic schedule that demands a lot of attention, especially if you aim for good internships or placements. Luckily, the location is perfect for any kind of exposure you wish to gain during your stay.

While the initial traveling may be a bit of a hassle, it's important to get used to the local train transport as soon as possible because it will become your life and soul. The city of Mumbai provides you with enough opportunities to go out and explore, which you will need to do from time to time. Keep in mind that the cost of living and traveling can be a bit high, so make sure to cross all your Ts and dot all your Is before you move to the city.

You should remember that space and silence are a luxury in Mumbai, and not everyone can afford them. However, it's going to be an incredible experience overall. Once you get used to the fast-paced life of Mumbai, you will have an awesome time in the city.

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How are IIM A students different from students of, say, SP Jain, NMIMS, FMS or JB?

AB
Aditi Banerjee Posted On : May 20th, 2023
Lives in Bangalore

The peer pool of IIM Ahmedabad varies from that of other B-schools like SP Jain, FMS, and NMIMS because of the admission criteria and quality of intake. The majority of the IIM Ahmedabad batch comprises performing students with CAT percentile almost touching 100 percentile. and most of them got close to the 100 percentile in CAT and they get opportunities to study business studies in IIM A, B, and C. Very few students get into IIMs through the process of diversification only if they scored more than 80 percent grade in Xth, XII th and Graduate Examinations. The other B schools like SP Jain, FMS, NMIMS, or JB don’t have such strict criteria and the peer pool comprises students from diverse academic profiles rather than just top CAT rankers. 

This is the major point of difference between the two kinds of B Schools. As a result of this, IIM Ahmedabad students are offered better placement opportunities at the global level than these average B-schools. 

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Which college is good for MBA, Nirma University, Symbiosis Pune or Narsee Monjee Mumbai?

AR
Arpit Rane Posted On : May 4th, 2022
studied at Nirma University

NMIMS is the best option among these. The strategic location, excellent placement, and brand value put NMIMS ahead of the other institute mentioned in the question. 

NMIMS is located at the financial hub of Mumbai. The campus is just an hour or an hour and a half drive away from commercial and industrial spaces like Bandra Kurla Complex, Navi Mumbai, South Bombay, etc. Due to the locational advantage students can easily attend industrial visits of reputed organizations like TOI, Pepsico, JPMC, etc.

NMIMS Mumbai placements are way ahead of the B-Schools in the same tier. Even with a batch size of 500+, the institute offers an average CTC of INR 23.07 LPA.  

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Are there any reservations in the NMIMS?

RB
Rohan Bose Posted On : May 25th, 2021
studied MBA in Marketing at SVKM's NMIMS (2019)

NMIMS is a private university founded by the Gujaratis and so, in the initial days, it remained with a greater portion of reservation (50%) for Gujarati’s. But, later on, this reservation comes to an end & now it follows only 2 reservation stated as follows:

  1. Reservation for female candidates (30%)
  2. Minor part of a reservation for widows/ wards of armed forces personnel killed/disabled in war/action or for Kashmiri migrants 

Being a private university NMIMS has not had reservations based on caste; financial background; or management quota.

This does not mean that NMIMS would not comply with any kind of reservation in the future. It is a private university run by a trust and all the decisions would be taken by the members of the trust to further the university brand value.

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