SBM NMIMS Mumbai: Courses, Fees, Admission 2025, Placements, Ranking

SBM NIMIMS offers good placements to its students. The sector-wise PPOs Distribution and On-Campus placement distribution recorded during MBA Core and MBA HR placements 2024 are presented below:

Sectors	MBA Core PPOs Distribution (2024)	MBA Core On Campus Placement Distribution (2024)
BFSI	41%	59%
Conglomerate, Manufacturing, Power, Oil & Gas, Aviation	33%	67%
Start-Up, Logistics, E-Commerce	20%	80%
FMCG, FMCD, Retail	57%	43%
Consulting	38%	62%
IT / Analytics, Pharmaceuticals, Media & Telecom, Real Estate	24%	76%
Sectors	MBA HR PPOs Distribution (2024)	MBA HR On Campus Placement Distribution (2024)
BFSI	30%	70%
Conglomerate, Manufacturing, Power, Oil & Gas, Aviation	36%	64%
Start-Up, Logistics, E-Commerce	0%	100%
FMCG, FMCD, Retail	20%	80%
Consulting	7%	93%
IT / Analytics, Pharmaceuticals, Media & Telecom, Real Estate	45%	55%

{Source: MBA/PGDM students & alumni}

Here's a summary of the feedback from students and alumni:

Pros:

* Experienced and qualified faculty members who are industry professionals
* Relevant and industry-oriented course curriculum
* Strong emphasis on practical learning and application-based learning
* High-quality infrastructure, including well-equipped classrooms, libraries, and laboratories
* Opportunities for internships and placements with top organizations
* Alumni network and career assistance services
* Online resources and flexibility in studying

Cons:

* Expensive tuition fees, making it inaccessible to some students
* Limited hostel facilities and high accommodation costs
* Some students felt that the teaching methods were not innovative or interactive
* Others reported that the campus life was limited, with restricted timings for the gym and TV room

Placement Records:

* 100% placement record, with top organizations offering high salary packages
* Average salary package ranging from INR12-18 Lacs per annum
* the highest package reaching up to INR28 Lacs per annum
* Internships also available with top organizations, with stipends ranging from INR1-2 Lacs per month

Overall, SBM NMIMS Mumbai seems to be a good choice for those looking for a strong academic foundation, industry connections, and career prospects. While it may have some limitations, the positives outweigh the negatives, making it a popular destination for aspiring managers.

The sector-wise summer placement distribution recorded for the MBA HR batch of 2023-25 is presented below:

Sectors	MBA HR Summer Placement Distribution (2023-25 Batch)
BFSI	21%
Consulting	16%
Conglomerate, Manufacturing, Power, Oil & Gas, Aviation	23%
FMCG, FMCD, Retail	11%
Start-Up, Logistics, E-Commerce	6%
IT / Analytics, Pharmaceuticals, Media & Telecom, Real Estate	23%

Yes, NMIMS SBM have good placements. The key highlights of SBM NMIMS MBA placements over the past three years are presented below:

Particulars	MBA Core Placement Statistics (2022)	MBA Core Placement Statistics (2023)	MBA Core Placement Statistics (2024)
Highest package	INR 57.65 LPA	INR 67.8 LPA (International)	INR 67.7 LPA
Average package	INR 23.07 LPA	INR 26.63 LPA	INR 25.13 LPA
Total recruiters	130 (38 new recruiters)	148 (52 new recruiters)	168 (72 new recruiters)
Batch placed through PPOs	29%	36%	37%
Particulars	MBA HR Placement Statistics (2022)	MBA HR Placement Statistics (2023)	MBA HR Placement Statistics (2024)
Highest package	INR 29.09 LPA	INR 25.95 LPA	INR 25.02 LPA
Average package	INR 19.4 LPA	INR 19.56 LPA	INR 18.64 LPA
Total recruiters	24 (10 new recruiters)	51 (24 new recruiters)	46 (21)
Batch placed through PPOs	11%	25%	27%

The highest package of INR 67.7 LPA was received by Marketing students during NMIMS SBM MBA core placements 2024. The specialisation-wise highest package offered over the past three years during SBM NMIMS MBA Core placements is presented below:

MBA Core Specialisations	Highest Package (2022)	Highest Package (2023)	Highest Package (2024)
Marketing	INR 57.65 LPA	INR 57.78 LPA	INR 67.7 LPA
General Management	INR 28.5 LPA	INR 67.8 LPA	INR 61.39 LPA
Operations and Data Science	INR 28.5 LPA	INR 36.32 LPA	INR 31.38 LPA
Finance	INR 32 LPA	INR 42 LPA	INR 31.2 LPA

Further, the sector-wise PPOs Distribution and On-Campus placement distribution recorded during MBA Core and MBA HR placements 2024 are presented below:

Sectors	MBA Core PPOs Distribution (2024)	MBA Core On Campus Placement Distribution (2024)
BFSI	41%	59%
Conglomerate, Manufacturing, Power, Oil & Gas, Aviation	33%	67%
Start-Up, Logistics, E-Commerce	20%	80%
FMCG, FMCD, Retail	57%	43%
Consulting	38%	62%
IT / Analytics, Pharmaceuticals, Media & Telecom, Real Estate	24%	76%
Sectors	MBA HR PPOs Distribution (2024)	MBA HR On Campus Placement Distribution (2024)
BFSI	30%	70%
Conglomerate, Manufacturing, Power, Oil & Gas, Aviation	36%	64%
Start-Up, Logistics, E-Commerce		100%
FMCG, FMCD, Retail	20%	80%
Consulting	7%	93%
IT / Analytics, Pharmaceuticals, Media & Telecom, Real Estate	45%	55%

Marketing specialisation received the highest stipend during NMIMS SBM MBA Core summer placements for the batch of 2023-25. The specialisation-wise highest stipend offered during MBA Core summer placements for the batch of 2023-25 is presented below:

MBA Core Specialisations	Highest Stipend (2023-25 Batch)
Marketing	INR 4.4 Lakh
General Management	INR 4 Lakh
Operations and Data Science	INR 3 Lakh
Finance	INR 3.5 Lakh

 

The list of top recruiters during SBM NMIMS placements 2024 is presented below:

Sectors	Top Recruiters (2024)
BFSI	American Express, Axis Bank, Goldman Sachs
Conglomerate, Real Estate, Manufacturing, Oil & Gas, Automobile	Adani, Bosch, Everest
Consulting	KPMG, EY, McKinsey & Company
FMCG, FMCD, Retail	Godrej, Samsung, P&G
IT / Analytics, Pharmaceuticals, Media Telecom, Others	Oracle, Airtel, Google
Start-Up, Logistics, E-Commerce	Flipkart, FedEx, Digio

GMAC conducts NMAT with a aspirant-first approach. Candidates can appear for NMAT three times during one exam session. That means, GMAC provides one main attempt and two retake attempts for the NMAT exam. The meaning of retake of the NMAT exam implies that any applicant can attempt the test thrice, including the first attempt. In other words, the process of reappearing for the exam is known as exam retake. Candidates aspiring for a retake attempt have to apply using the NMAT retake window. However, candidates can reappear for the exam, not before 15 days after the first attempt. Similarly, third exam attempt can only be scheduled on a date 15 days after the second attempt for NMAT exam.

The average stipend offered during MBA summer placements for the batch of 2023-25 is presented below:

Course	Average Stipend (2023-25 Batch)
MBA Core	INR 1.84 Lakh
MBA HR	INR 1.31 Lakh

NMIMS School of Business Management provides various scholarships as financial aid to the students admitted to various courses. SBM NMIMS offers scholarships by Mirae Asset Foundation. There are limited no. of scholarships available for students. Students must apply as soon as the application window opens. 

During NMIMS placements 2024, 37% of the MBA Core students were placed through PPOs. A total of 168 companies participated in the placement process, including 72 new recruiters. The institute also witnessed the participation of 68 Fortune 500 recruiters. Check the complete insights of NMIMS MBA placements 2024 from the table below:

Particulars	MBA Core Placement Statistics (2024)
Highest package	INR 67.70 LPA
Average package	INR 25.13 LPA
Top 10% package	INR 40.60 LPA
Top 20% package	INR 37.10 LPA
Top 30% package	INR 34.40 LPA
Top 40% package	INR 32.10 LPA
Batch placed through PPOs	37%
Fortune 500 recruiters	68
Total recruiters	168
New recruiters	72

NMIMS SBM Mumbai offer MBA in different specialisations. The required minimum aggregate remains the same, however, the required subjects change for each specialisation. Tabulated below are the MBA programmes along with the eligibility details:

MBA Specialisation	Eligibility Criteria
General	Bachelor's degree in any discipline with 50% aggregate
Human Resource	Bachelor's degree in any discipline with 50% aggregate
Pharmaceutical Management	Bachelor's/Master's degree in MBBS, BDS, BHMS, BAMS, Pharmacy, Life Sciences, Biotechnology, Microbiology, Bioengineering, BTech, or BE, Bio-Tech or Bio-Medical with 50% aggregate
Business Analytics	Bachelor's degree in Engineering (Any specialisation), MCA, BSc with 50% aggregate and Mathematics as a compulsory subject
Digital Transformation	Bachelor's degree in Engineering (Any specialisation), MCA, BSc with 50% aggregate and Mathematics as a compulsory subject

The candidates must have valid score in entrance exam like NMAT. Give as many NMAT mock tests as possible and attempt as many NMAT question papers as possible. 

NMIMS SBM Mumbai is one of the top MBA institutes in the country. It has got good ranking by different ranking bodies. Tabulated below is the ranking bodies that have recognised and provided a rank to SVKM NMIMS in 2023 for its MBA programme:

Ranking Body	Rank '23
NIRF	21
Business Today	10

Candidates have to pay the application fees to submit NMIMS SBM application form. The fee payment can be done through credit card/debit card/net banking. In the below table, course-wise application fees is mentioned:

Course	Registration Charges
MBA	INR 2,600 (No GST; Non-refundable)
Diploma in SE/ MBA Part-time/ PhD/ MBA Healthcare Management	INR 2,500 (Non-refundable)

NOTE: The fee is non-refundable.

Candidates can pay the application fee is online mode through credit card/debit card/net banking. An application is submitted successfully only after the fee payment. Aspirants shall also keep payment receipt with them for future references. 

Furthermore, the application is INR 2,600 (No GST) and it is also non-refundable.

Yes, NMIMS School of Business Management (SBM) is among the leading private B-schools in India. During the National Institutional Ranking Framework (NIRF) 2023, the SVKM's Narsee Monjee Institute of Management Studies has been ranked 21 under the Management category. Talking about the School of Business Management placements 2023, the average package for the MBA core course was recorded at INR 26.63 LPA, whereas the MBA HR course witnessed an average package of INR 19.56 LPA. NMIMS School of Business Management's highest package offered in 2023 was INR 67.80 LPA (international) for the MBA core course. So, yes pursuing an MBA course from NMIMS is a good option. 

NMAT exam is conducted for admission to more than 45 b-schools in India. The exam eligibility criteria can vary from the eligibility criteria of a particular institute. Additionally, MBA eligibility conditions for all participating institutes can vary. However, the NMAT exam eligibility remains the same. The space below mentions the NMAT eligibility criteria:

• Candidate must have a bachelor's degree, completed under 10+2+3 or four years of education pattern, irrespective of the stream.
• Aggregate score in the graduation degree level should not be less than 50 per cent the final year of the degree course.
• Candidates waiting for results or are currently in the final year of graduation are eligible to apply for NMAT exam.

Those who are yet to pass the bachelor's degree course get a provisional admission until the graduation mark sheet and certificate of the qualifying examination are submitted at the participating institute.

Symbiosis Institute of Business Management maintained a good ranking earlier than NMIMS. However, in the NIRF 2023 rankings, SVKM's NMIMS is ranked at 21st spot and Symbiosis secured 17th spot. Going by the ranking, Symbiosis will be a better option for MBA aspirants. Furthermore, SIMS Pune MBA is INR 11.3 Lacs and NMIMS SBM fee range between INR 6 Lacs and INR 24 lakh. Aspirants can consider more factors like ROI to make a decision.

The sector-wise PPO and On-Campus placement distribution made during SBM NMIMS MBA HR placements 2024 is presented below:

Sectors	MBA HR PPOs Distribution (2024)	MBA HR On Campus Placement Distribution (2024)
BFSI	30%	70%
Conglomerate, Manufacturing, Power, Oil & Gas, Aviation	36%	64%
Start-Up, Logistics, E-Commerce		100%
FMCG, FMCD, Retail	20%	80%
Consulting	7%	93%
IT / Analytics, Pharmaceuticals, Media & Telecom, Real Estate	45%	55%