Noble Institute of Science and Technology Visakhapatnam Answered Questions

The institute has not released any official data specific to NIST MBA placements. As per the official NIST brochure 2024, the average package offered across various courses (including MBA) offered at NIST is INR 5.1 LPA. The average package at NSIT in 2023 was INR 5.65 LPA. In 2022, the average package across all courses stood at INR 5 LPA.

The total NIST MBA fee includes various components, such as tuition fees, admission seat confirmation fees, hostel fees, security deposit, etc. The total tuition fee for the two-year programme is INR 2.8 lakh. The hostel fee at NIST ranges between INR 35,000 and INR 53,000 per year. Additionally, a refundable deposit of INR 5,00 must be paid at admission. It must be noted that the fee amount is based on the annual fee mentioned on the official website of the institute/sanctioning body. It is still subject to change and hence, is indicative. 

Yes, MBA students at NIST are eligible to apply for various scholarships. Some of these scholarships are listed below:Sibling Scholarship: A one-time scholarship of INR 10,000, provided to the sibling of a studentMerit Scholarship: A scholarship of INR 3,000 per semester, provided to students who have secured greater than 9.0 CGPA without any back papers (valid for one academic year)Teaching Assistantship Scholarship: A scholarship of INR 1,000 per month, provided to selected students who assist teachers in their academic work. Students from second, third and fourth years from a department where 80% of seats are filled are eligible for the scholarshipResearch Assistantship Scholarship: A stipend of INR 2,000 per month for 2 months, provided to students who assist teachers in their research work

Various organisations, from various industries, participate in the recruitment drives of NIST. Some of the prominent recruiters who visited the NIST Berhampur during the 2023 placement drive are listed in the table below:NIST Berhampur Top RecruitersWestern DigitalICICI BankAdani GroupCognizantAccentureAditya Birla CapitalPwCFlipkartTCS

NIST MBA fee comprises various components. Some of these components, such as tuition fee, hostel fee, exam fee, etc. are payable yearly or semesterly. Other fee components, such as security deposit, admission seat confirmation fees, etc., are payable only once. The following table presents the various components included in the total MBA fee at NIST:Fee ComponentsAmountTuition FeeINR 1.4 Lacs per yearHostel FeeINR 35,000 - INR 53,000 per yearMess FeeINR 4,000 per monthCaution DepositINR 5,000 (one-time)Exam FeeINR 2,500 per semesterNOTE: The mentioned fees are sourced from the official website of the institute/sanctioning body. They are still subject to change and hence, are indicative.

No, candidates willing to take admission to the BSc programme of NIST are not required to take an entrance exam. Admission to the programme is based on the applicant's merit in Class 12, provided they meet the preset eligibility criteria. Eligible aspirants must ensure that they apply for the programme before the deadline.

There is a plethora of career opportunities after completing an MBA from NIST. The career prospects depend on the candidate's interests, abilities and specialisations. Some career prospects and job opportunities after completing an MBA at NIST are:  1. Management roles: Graduates can work in management positions in various industries such as marketing manager, data processing, business analyst, IT manager/consultant, system analyst, etc.  2. Sales and Marketing: MBA specialisation in sales and marketing opens  job opportunities in  banking, hospitality and media industry, among others.  3. Finance: Specialising in finance can lead to job opportunities in areas such as international finance, investment management, insurance management and financial reporting and analysis.  4. HR: MBA degree-holders can consider HR roles in sectors like manufacturing, BPO/IT, corporate, services and education.

NIST MBA admission is entrance-based. Admission is provided to the applicants who have a valid score in one of the accepted entrance exams. These exams include OJEE, MAT, CAT and XAT. Aspirants must apply and appear for one of these exams. Additionally, they submit the NIST application form for MBA admission. 70% of the total seats are filled through OJEE counselling. 15% of the total seats are filled through other accepted exams. Shortlisted candidates must report at the NIST campus for document verification. After document verification, candidates must confirm their admission by submitting the specifed MBA fees.

The total number of MBA seats at NIST is 120. These seats are filled based on the applicants' performance in the accepted entrance exams. These exams are OJEE (followed by OJEE counselling), CAT, MAT and XAT. It must be noted that the mentioned number of seats has been sourced from the official website of the institute/sanctioning body. It is still subject to change and hence, is indicative. 

NIST MBA degree holders can pursue various jobs in government departments and organisations. Such students can apply for various government exam, leading to jobs in renowned organisations, such as RBI, SBI, NMDC, and others. Some profiles that students can pursue after completion of an MBA degree at NIST are listed below:Indian Railways Management Service (IRMS)Reserve Bank of India (RBI) Grade B OfficerCentral Excise and Customs Inspector (C&CE)Security and Exchange Board of India (SEBI) Grade A OfficerProbationary Officer/Manager in BanksQuality Assurance Manager