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Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University], Mumbai - Course & Fees Details
NMIMS Fees & Eligibility
| Course | Fees | Eligibility | Application Date | Action |
|---|---|---|---|---|
| MBA | ₹11.95 Lakhs (1st Year Fees) | Graduation with 50% + NMAT | 30 Oct 2023 | |
| B.Tech | ₹3.5 Lakhs (1st Year Fees) | 10+2 with 45% + NMIMS CET | 6 Dec - 10 Mar 2024 | |
| BBA | ₹5.25 Lakhs (1st Year Fees) | 10+2 with 50% + NPAT | 6 Dec - 20 May 2024 | |
| B.Com {Hons.} | ₹2.25 Lakhs (1st Year Fees) | 10+2 with 50% + NPAT | 6 Dec - 20 May 2024 | |
| BA {Hons.} | ₹4.75 Lakhs (1st Year Fees) | 10+2 with 50% + NPAT | 6 Dec - 20 May 2024 | |
| B.Pharma | ₹2.75 Lakhs (1st Year Fees) | 10+2 with 45% | 6 Dec - 10 Mar 2024 | |
| B.Sc | ₹1.5 Lakhs (1st Year Fees) | 10+2 with 50% | 6 Dec - 20 May 2024 |
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Why To Join NMIMS - Reviews & Rating
Course Curriculum Overview:
I selected this course since I have been into sales and marketing from the last 12 years of textile women's wear garments. The faculty was very nice and helpful each time we asked questions. Plus they explain each term in very detail and with examples. Exams were easy and it was easy to pass, if You attend all lectures and understand all topics, it's always easy to crack the exam.
Course Curriculum Overview:
The course includes subjects of political science, history, sociology, general English, philosophy, economics in the first year of BA LLB and 2 law subjects law of torts ans legal methods in the first semester There are 2 semesters in 1 year Total 10 semesters in 5 year course
Course Curriculum Overview:
I chose B.Tech (Computer Engineering) there are only two courses for engineering C.E and Artificial Intelligence and Data Science. Faculties are helpful and also all are well qualified from popular institutes i.e BITS, IITs, NITs. There are two Mid Term Tests and one Term End Examination, MTTs are pretty easy tho but Term End is difficult and it is the same in every campus
Course Curriculum Overview:
Term exams are conducted every six months and difficulty level is also very high to clear it as I have seen many of my friends who were not able to pass at the end of terms. Also, midterms are also conducted in the mid of every term
Course Curriculum Overview:
I am studying in a BBMM course. The faculties are very good and they are highly qualified from very big renowned universities and have very long teaching experience. In BBMM, there is a trimester module followed so exams and midterms are held every 2 months, and passing the papers is a really big deal.
NMIMS: 13 Answered Questions
What is the fee structure for an MBA/PGDM course in NMIMS?
NMIMS MBA fees is INR 10.42 lakhs per year. Yearly fees for the MBA programs at NMIMS Mumbai are as follows.
| Courses | Fee per year |
| MBA/MBA HR | INR 10,42,000 |
| MBA in Pharmaceutical Management | INR 6,32,000 |
| Dual Degree in MBA Decision Sciences & Analytics + MS in Business Analytics & Information Management from Purdue University | INR 12,02,000 |
| MBA Business Analytics | INR 8,52,000 |
The hostel fees for NMIMS are INR 1.80 lakhs to INR 2.45 lakhs for 10 months. The hostel fees include a refundable security deposit of INR 10000.
What is the fee structure for an MBA/PGDM course in NMIMS?
NMIMS MBA fees per year is INR 10.95 Lakhs. So, the total fees for the two year long course is INR 21.90 Lakhs. Here are the specific fee details for different specializations.
| Course | Fees(in INR) |
| MBA/MBA HR | 10,42,000 |
| MBA in Pharmaceutical Management | 6,32,000 |
| Dual Degree in MBA Decision Sciences & Analytics and MS in Business Analytics & Information Mangement from Purdue University | 12,02,000 |
| MBA Business Analytics | 8,52,000 |
The hostel fees need to be paid separately.
What is the total expense of an MBA at NMIMS?
The total expense of an MBA program at NMIMS Mumbai, can vary depending on the program chosen and other factors such as living expenses and personal expenses. As per the latest information, the total fees for the full-time MBA program at NMIMS Mumbai, was approximately INR 20 lakhs. This fee includes tuition fees, library fees, examination fees, and other related expenses.
Apart from this, students also have to bear the cost of living expenses, such as accommodation, food, transportation, and other personal expenses. The cost of living in Mumbai can vary depending on the location and lifestyle of the student.
It's important to note that the fees and expenses can change from year to year, and you should check with the institute for the most up-to-date information on the total expenses of an MBA program at NMIMS.
How is the NMIMS Mumbai? What can be the cost of 2 years for an MBA, including accommodation? Is it worth the money? Which companies come for placement?
You have asked multiple questions at the same time and I'm here to clear all your doubts. Starting with the first part is how NMIMS is, well it is better than the newer IIMs and institutes like IMT, SIBM, SCMHRD, and IMI. In case you have calls from these, straight away go for NMIMS only. You can pursue an MBA with any specialization here. You should reconsider your decision however if you have calls from MDI, NITIE, IIFT Delhi, IIT Bombay, and JBIMS and you are willing to study something apart from Marketing.
However, NMIMS is not comparable to the older IIMs and FMS.
Cost of MBA (2 years )
The yearly NMIMS MBA fees are INR 11.95 Lakhs Fees. The additional costs are around 2.4 Lakhs every year. So the total cost of an MBA for 2 years is around INR 28.7 lakhs.
Worth
It’s impossible to evaluate correctly if a certain B School is worth the money. Some end up with high packages while some with low packages. Also, ROU is a broad term and cannot be determined by just the package you receive. Most of the time I have seen the lives of people with low packages change after their first job. So the initial package is just a stepping stone and not a deciding factor.
Placements
Some major companies that visit the campus for placements are Aditya Birla Capital, EY, Capgemini, Cognizant, ICICI Bank, etc.
How good is the NMIMS Mumbai BBA programme? How are the placements, the summer internship for this year, and recognition by top IIMs?
The Bachelor of Business Administration program at NMIMS is pretty good and ranks 3 across the country. My brother completed his BBA from NMIMS Mumbai in 2016 and during his time the average package was INR 3 LPA. Currently, the median salary is INR 4.8 LPA. The companies that visit the campus for BBA placements are
- ACCENTURE
- Aircel
- Airtel
- Allahabad Bank
- Ambuja Cement
- Bank of Baroda
- Goldman Sachs
- HCL Technologies
You will have a lot of opportunities and the crowd is also talented in almost everything. Multiple internships offered mainly from Intershala are offered to students at different times. The timings can vary from division to division and depend on your semester as well.
Which is better: an MBA from NMIMS Mumbai or a job through SSC CGL?
Comparing the two, an MBA from NMIMS and a job through SSC CGL are highly illogical. The prospects and magnitude of both career inclinations are totally different. Let’s conduct a general comparison on the basis of some common aspects
- An MBA from NMIMS needs a lot of investment while a job through SSC CGL does not. Considering the probability of getting a good job after my MBA, I think going with SSC CGL is a safer option.
- Your social status will be much better in the case of SSC CGL. You might face some drawbacks in your work life but in your social circle, you will be considered a man of great importance. Your family will be benefiting from your social status through good education. The salary is average, not less given the better social status you will be enjoying in contrast to working as an MBA professional in the corporate world.
- Analyze your social and personal responsibilities as an MBA professional as well as CGL. You might get a picture of what you are aiming for. Choosing an MBA is not worth it unless it's a firm top 5 IIM or you are looking for a career abroad.
So MBA will guarantee you a lot but money which does matter to an extent but not when compared to the reputation you will gain as an SSC officer. MBA requires a lot more than you think. It may groom you but not ensure a better social structure like CGL.
Is it worth spending money for a BBA at NMIMS, Mumbai?
My sister has recently completed her BBA with a specialization in Finance from NMIMS and she told me about the actual placement scenario of the college. She agrees with the fact that NMIMS is a top B School with an excellent curriculum and faculty. You will be offered amazing opportunities in the form of working in a big MNC or becoming an entrepreneur.
However, the situation of placements is not what it seems from the reports. Although my sister was able to get placed she witnessed many of her batch mates unplaced or placed with a very minimal package. Many companies visit the campus owing to the great brand value but the major problem that arises is the huge batch size. The competition is tough as the intake is very high. This year the total intake is BBA 600; BCOM 180. Henceforth very low packages are offered that are not even close to those mentioned in the placement reports.
In my sister's batch apart from 3 students, every student got a package of less than 3 LPA. Deloitte hired less than 17 students. While the placement scenario was really poor, the knowledge that she gained in those 3 years did help her pass CFA level-1 the next year. So it’s you who can decide if the money you spend is worth it or not by determining what you really want from your BBA.
What is special in NMIMS, Mumbai MBA?
NMIMS is indeed one of the top B Schools in India. It has many distinguishing features making it one of the most coveted MBA destinations for aspirants. Some of them include
- Brand value: Being among the top B Schools in India, NMIMS enjoys great brand value. Its alumni are successfully leading many organizations in top roles and this alone is a testament to its brand name.
- Placements: NMIMS Mumbai has a great placement scenario. The final report of NMIMS Mumbai Placements 2022 has been released. According to the report, the highest salary package stood at INR 57.65 LPA, Students received an average salary of INR 23.07 LPA. Around 150+ recruiters participated in the placement drive from various sectors like BFSI, Consulting, IT, Pharmaceuticals, Media & Telecom, Consulting, etc.
- Location advantage: Situated in the Finance capital of India, NMIMS enjoys a great locational advantage and gives an edge to many B Schools. It is the best spot for Finance enthusiasts as the headquarters of many companies' finance sector is located here. Even the other specializations flourish here.
- Alumni: NMIMS has an elaborate alumni network that stretches across various reputed companies. Some might consider the huge batch size as a demerit but in reality, it results in a strong alumni base.
NMIMS is special in all the above aspects making it a distinguished choice among MBA aspirants.
How is the PGDM in Business Analytics at NMIMS - Mumbai Campus? What are the job prospects after pursuing this 2-year full-time course?
NMIMS PGDM in Business Analytics is one of the most coveted programs recently owing to its vast prospects. The industries this program caters to include
- Banking and Financial Services
- Insurance
- Telecommunication
- Consulting companies
- Manufacturing
- Retail
- KPOs
- Product start-ups
- E-commerce
Some major roles and responsibilities of the Job prospects of Business Analytics are given below.
Business Analyst (Manager/Consultant)
- Handles a team with a major emphasis on Business Analytics
- Should have a good understanding of technical tools, data analytics foundation methods, data gathering, and processing
- Should be skilled in communication, leadership, team management, and strategic thinking.
Business Analyst (Individual Contributor)
- Has to handle business interpretation and analytics in providing information from data
- Uses information to give a detailed overview of the business
- Should have knowledge of technical components related to managing data
Data Miner/Modeller (Manager/ Individual Contributor)
- He comprehends data models that help support business decisions
- They help manage Risk/Marketing and in making decisions
- Needs to be well versed in mathematics, science, and computer science.
- Mostly hired in BFSI and Telecoms
Data Scientist (Individual Contributor/ Consultant)
- They are particularly proficient in coding and reading statistical data
- Inclined towards technicalities of business analytics and modifying/building new algorithms
- Inhibit high data knowledge with proficiency in technology to manage, visualize and analyze data.
Going through the details of the roles and responsibilities of Business Analysts, you can go for the one that suits you the most.
What is the total cost incurred in doing your MBA from NMIMS Mumbai?
The following answer is based on my brother’s experience at NMIMS and may vary from person to person depending on their own personal expenses and standard of living. The table below shows the NMIMS MBA fee structure.
|
Particulars |
Data |
|
Total Fees |
INR 23.90 Lakhs |
|
Hostel fees (Non-Refundable) |
INR 2,25,000- 3,00,000 |
|
Hostel fees (Refundable) |
INR 10,000 |
From the above data the approximate cost is 26-27 Lakhs. The additional expenses like hanging out, fares, and miscellaneous activities can amount to 1 Lakh.
Now let’s consider you staying in a flat and not a hostel. The MBA fees remain the same. But the living expenses are considerably cut down. My friend lives in a flat with 5 people and shared her average expenses.
- The rental expense was 10k
- The security deposit was 1 lakh
- 6-8k per month for electricity bills and grocery shopping
- An additional 2-3k for hanging out
- The average auto fare would be 3k per month
- The rough average is 20k per month and if you calculate the same for 21 months it amounts to 4.2 Lakh.
The total expenses including tuition fees amount to 30-33 Lakhs. I think it’s better to go to a hostel than to a flat.
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