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

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

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

 

GMAC facilitates NMAT registration window once every year. Registration for the NMAT exam is accepted one time in one exam session. Since candidates can take the test thrice, GMAC facilitates the NMAT retake registration window soon after the exam window starts. For an attempt over and above the regular attempt, candidates have to use the NMAT retake registration window. Besides the NMAT registration and NMAT retake registration, the candidate portal also hosts a scheduling window. This scheduling window helps candidates to choose the exam slot and exam venue. The allotment of exam slot and test centre is done on first-cum-first-serve basis.

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. 

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.

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%

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.

Yes, NMIMS SBM Mumbai facilitates scholarships to its students. These scholarships are awarded to the eligible applicants after a screening procedure. Mentioned below are the offered scholarships:

1. NMIMS Scholarship: The interested candidates can apply for this scholarship based on the need cum merit basis for part scholarship from NMIMS. The amount to be given out is decided by the screening committee after scrutinizing each application.

2. Rotary Club of Bombay West Loan Scholarship: Candidates seeking financial aid can apply for this scholarship to avail of an interest-free loan from admission confirmation.

The sector-wise PPO and On-Campus placement distribution made during SBM NMIMS MBA Core placements 2024 is 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%

The course-wise number of companies visited over the past three years during SBM NMIMS placements is presented below:

Particulars	MBA Core Placement Statistics (2022)	MBA Core Placement Statistics (2023)	MBA Core Placement Statistics (2024)
Total recruiters	130	148	168
New recruiters	38	52	72
Particulars	MBA HR Placement Statistics (2022)	MBA HR Placement Statistics (2023)	MBA HR Placement Statistics (2024)
Total recruiters	24	51	46
New recruiters	10	24	21

The course-wise key highlights of SBM NIMIMS MBA summer placements for the batch of 2023-25 are presented below:

Particulars	MBA Core Summer Placement Statistics (2023-25 Batch)	MBA HR Summer Placement Statistics (2023-25 Batch)
Highest stipend	INR 4.4 Lakh	INR 3 Lakh
Average stipend	INR 1.84 Lakh	INR 1.31 Lakh
Total recruiters	167	59
New recruiters	77	35
Fortune 500 companies	61	20

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%

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.

{Source: MBA/PGDM students & alumni}

Effectiveness of Placement Cell at SBM NMIMS

Here's what the students and alumni have to say about the effectiveness of the placement cell:

* Placement Committee: "The placement committee at NMIMS is extremely active and efficient." (Multiple reviews) - Demonstrating commitment to helping students secure jobs.
* Good Placements: "Placements in our college are good. Most of the major companies from all domains like fast-moving consumer goods, consumer durables, IT, and consulting, etc., participate in the placement drives." (Multiple reviews)
* 100% Placements: "Our college provides 100% placements." (Multiple reviews), indicating the placement cell's success in securing jobs for all students.
* Average Salary Package: "The average salary package offered is more than 12 LPA" (Review), highlighting the competitiveness of the salaries offered.
* Roles Offered: "Roles offered were mostly sales and marketing, investment banking, corporate treasury, consultant etc." (Review), showing the diversity of job opportunities available.
* Industry Connections: "Companies like Pidilite conduct their induction processes annually in the NMIMS auditorium." (Review), emphasizing the strength of industry relationships.
* Efficient Process: "Even though it is tiring at times and the batch size is a challenge, they handle it quite well. Sometimes it seems unfair. However, there is a highly efficient placement committee." (Review)

Overall, the placement cell at SBM NMIMS appears to be proactive, successful, and well-connected, resulting in good placements and salaries for students.

The average package offered during SBM NMIMS MBA Core and MBA HR placements 2024 stood at INR 25.13 LPA and INR 18.64 LPA, respectively. Further, a fluctuating trend was witnessed in the average package offered over the past three years during SBM NMIMS MBA placements, which is presented below:

Particulars	Average Package (2022)	Average Package (2023)	Average Package (2024)
MBA Core	INR 23.07 LPA	INR 26.63 LPA	INR 25.13 LPA
MBA HR	INR 19.4 LPA	INR 19.56 LPA	INR 18.64 LPA

Further, the batch-wise salary package offered during SBM NMIMS MBA placements 2024 is presented below:

Particulars	MBA Core Placement Statistics (2024)	MBA HR Placement Statistics (2024)
Top 10% package	INR 40.6 LPA	INR 24.67 LPA
Top 20% package	INR 37.1 LPA	INR 22.95 LPA
Top 30% package	INR 34.4 LPA	INR 22 LPA
Top 40% package	INR 32.1 LPA	INR 21.5 LPA

Candidates are admitted to an MBA programme at NMIMS SBM in accordance with the seat intake as well. The total seat count for all MBA courses is 1350. NMIMS SBM MBA seat intake for some of the MBA specialisations is as follows:

Courses	Seats
MBA style="width: 421.445px;" valign="bottom"> 600
MBA in Business Analytics	140
MBA in Pharmaceutical Management	120
MBA in Human Resources	120
Master of Business Administration (MBA) (Part Time)	180
MBA in Healthcare Management	60
MBA in Real Estate Management	60

NMIMS SBM Mumbai MBA admission is done based on merit in NMAT exam. Thus, it is necessary that the aspirants secure a valid score in the exam to take admission. Further, as per last year's trends, the overall NMAT cutoff score for NMIMS Mumbai can be expected to be around 212. Also, this cutoff is for General category candidates and it may vary for candidates belonging to other categories. To know more about NMIMS Mumbai cutoff,  click here. 

The total tuition fee for NMIMS School of Business Management PG Diploma course is INR 50,000. Aspirants need to pay the course fee at the time of admission to confirm their seat in the school. Besides, aspirants also need to pay a non-refundable application fee in the start to register for the course. The application fee for Diploma course is INR 2,500.