SBM NMIMS Mumbai Courses & Fees 2025

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.

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%

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

Yes, NMIMS SBM MBA 2024 application process is ongoing. The last date for NMAT registration is Oct 10. Interested candidates can apply by visiting the official college website. Aspirants shall ensure that they submit their application within the due date. Also, admission 2023 is open for MBA (part-time) in Social Entrepreneurship. 

Only the aspirants who meet the eligibility requirements shall fill out the application form. NMIMS SBM MBA application procedure is broadly divided into two steps - NMAT registration and NMIMS registration. Candidates can apply through the NMIMS SBM Mumbai official website. Moreover, candidates can also refer to the steps mentioned below:

Step 1: Go to the NMIMS NMAT website for registration.

Step 2: Register by entering asked information and submit it to get GMAC ID.

Step 3: Further, 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.

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. 

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.

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. 

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

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

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.

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%

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. 

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.

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. 

{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 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 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%