SBM NMIMS Mumbai Courses & Fees 2025

BFSI sector emerged as the top recruiting sector during NMIMS SBM MBA Core summer placements for the batch of 2023-25. The sector-wise summer placement distribution recorded for the batch of 2023-25 is presented below:

Sectors	MBA Core Summer Placement Distribution (2023-25 Batch)
BFSI	32%
Consulting	9%
Conglomerate, Manufacturing, Power, Oil & Gas, Aviation	11%
FMCG, FMCD, Retail	19%
Start-Up, Logistics, E-Commerce	13%
IT / Analytics, Pharmaceuticals, Media & Telecom, Real Estate	16%

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.

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.

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. 

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. 

No, NMIMS School of Business Management PhD admission is completely entrance-based and depends upon candidates' performance in the entrance tests, conducted by the institute. The entrance test consists of two sections including NMIMS Written Research Ability Test and Critique a Research Manuscript (subject-specific written test). The final selection is based on marks secured in the Personal Interview (PI) round. NMIMS School of Business also accepts UGC-NET (including JRF)/UGC-CSIR NET (including JRF)/ SLET/ GATE/ Teacher Fellowship examinations, etc. 

The course-wise highest package offered over the past three years during SBM NMIMS placements is presented below:

Particulars	Highest Package (2022)	Highest Package (2023)	Highest Package (2024)
MBA Core	INR 57.65 LPA	INR 67.8 LPA (International)	INR 67.7 LPA
MBA HR	INR 29.09 LPA	INR 25.95 LPA	INR 25.02 LPA

Further, the specialisation-wise highest package offered during SBM NMIMS MBA Core placements over the past three years 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

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 mode of application is online for all courses. Candidates seeking admission are advised to check out the eligibility requirements before applying for a course. For MBA at NMIMS Mumbai, candidates need to complete NMAT registration, which can be done through NMIMS official website. The steps to be followed are:

Step 1: Visit NMIMS NMAT website for registration.

Step 2: Fill out all the details carefully and submit it to get GMAC ID.

Step 3: In the next step, candidates need to complete the registration by clicking on "Complete NMIMS Registration".

Step 4: Candidates can login with GMAC ID and password to complete the registration.

Step 5: Required documents upload and application fee payment.

For other programmes, the candidates can visit the course page on the official website and click on "Apply Now" to complete registration and fill out the admission form.

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%

NMIMS Mumbai admission to the MBA course is based on NMAT 2023 scores. The latest NMAT 2023 scores will be out only after the exams are conducted. Candidates seeking admission to NMIMS must have a valid NMAT score. Going as per last year's trends, the overall NMAT cutoff score for NMIMS Mumbai must be around 212. NMAT 2023 Registration are ongoing. The last date to apply for NMAT exam closes on Oct 10. To know more about NMIMS Mumbai cutoff, click here. 

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%

The total tuition fee for NMIMS School of Business Management MBA ranges between INR 6 lakh and INR 24 lakh. Check below fee for some of the MBA specialisations:

Course Name	Total Tuition Fee
General	INR 11.95 lakh
Pharmaceutical Management	INR 19.2 lakh
Human Resources	INR 19.2 lakh
Business Analytics	INR 24.04 lakh
Healthcare Management	INR 19.2 lakh

 

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%

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.

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.

NMIMS University Mumbai offers a wide range of regular, distance and part-time courses at the UG, PG and PhD levels. The University offers these courses via its 17 constituent schools. NMIMS School of Business Management, Mumbai is popularly known for its MBA courses. NMIMS SBM, Mumbai is a part of the NMIMS Group and is among the leading private B-schools in India. Accredited by AACSB, NMIMS School of Business Management is approved by UGC and AICTE. So, candidates seeking admission to the MBA course can apply to the School of Business Management, NMIMS Mumbai. To get admission to this college, candidates must have valid scores in entrance test such as NMAT.

NMIMS School of Business Management MBA admission is completely entrance-based and depends upon candidates' performance in the NMAT by GMAC scores. Final selection is done on the basis of NMAT scores, followed by a Written Analytic Test (WAT) & Personal Interview (PI). Talking about the entrance test, the level of difficulty of the NMAT exam is moderate in comparison with any other MBA entrance exam. 

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.

SKVM’s Narsee Monjee Institute of Management Studies offers courses at PG, doctoral and Diploma levels. MBA is the flagship course of NMIMS School of Business Management offered in six specialisations in full-time mode. The school also offers MBA + MS Dual specialisation. Candidates can also apply for part-time MBA in Social Entrepreneurship at NMIM School of Business Management, Mumbai.