How is B.Sc Economics at NMIMS Mumbai?

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Pooja Johar Posted On - Jun 29, 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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