SBM stands out as India's first university-embedded business school to secure this accolade, becoming the seventh B-school in the country to be accredited by EQUIS.
The NMIMS School of Business Management (SBM) in Mumbai has proudly attained EQUIS accreditation from the world’s top business schools exhibiting exceptional academic standards and overall quality. This milestone positions SBM among an elite group of institutions recognized for their commitment to excellence in business education.
First University-Embedded B-School in India to Achieve EQUIS
SBM stands out as India's first university-embedded business school to secure this accolade, becoming the seventh B-school in the country to be accredited by EQUIS. Additionally, the Pravin Dalal School of Entrepreneurship and Family Business Management, a key initiative of SBM, has also received this esteemed recognition, reinforcing the school's comprehensive approach to business education.
Leadership Remarks on the Achievement
Ramesh Bhat, Vice-Chancellor of NMIMS University, expressed his enthusiasm regarding the accreditation, stating, “Securing EQUIS accreditation for SBM marks a significant milestone. This recognition reflects our commitment to academic rigor, impactful research, robust industry connections, and the cultivation of socially responsible global business leaders.” He further noted that this achievement enhances SBM’s ability to attract top talent and fosters opportunities for international collaborations.
Elevating Global Standing and Opportunities
Justin Paul, Dean and Provost of SBM, highlighted the importance of this accreditation: “The EQUIS accreditation positions NMIMS School of Business Management among the elite global business schools. It underscores our commitment to providing a transformative learning experience enriched by industry partnerships and a focus on ethics and sustainability.” He emphasized that this recognition will elevate the school's global standing and broaden academic and career opportunities for students.
Comprehensive Evaluation of Key Strengths
The EQUIS accreditation process rigorously evaluated SBM across critical areas including student quality, graduate outcomes, and industry engagement. Key strengths contributing to this accomplishment include a stringent admission process, a diverse student body, comprehensive academic pathways, and strong industry connections, all designed to prepare students for real-world challenges. Additionally, SBM’s dedication to research and ethical practices played a vital role in its educational framework, further solidifying its commitment to quality improvement.
A Framework for Continuous Improvement
Q: Is doing MBA worthy from SBM NMIMS Mumbai?
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.
Q: Is SBM NMIMS Mumbai good for MBA/PGDM?
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.
With the EQUIS accreditation, SBM gains global recognition for its practices and programs, aligning itself with international best practices. This achievement validates the school’s ongoing efforts while motivating faculty and students toward even greater excellence. The accreditation not only enhances access to international academic communities but also allows SBM to benchmark its performance against global institutions, enriching the learning ecosystem for all stakeholders.
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