Year | 1 | 2 |
---|---|---|
Tution fees | ₹1250000 | ₹1250000 |
Total Year Wise fees | ₹12.50 Lakhs | ₹12.50 Lakhs |
Events | Dates |
---|---|
NMAT 2024 Exam Date | Ongoing Nov 05, 2024 - Dec 20, 2024 |
Events | Dates |
---|---|
NMAT 2024 Scheduling Date | Aug 01, 2024 - Oct 14, 2024 |
NMAT 2024 Registration Date | Aug 01, 2024 - Oct 10, 2024 |
Application Timeline (MBA) | Aug 01, 2024 - Oct 10, 2024 |
Events | Dates |
---|---|
NMAT 2024 Exam Date | Ongoing Nov 05, 2024 - Dec 20, 2024 |
Events | Dates |
---|---|
NMAT 2024 Scheduling Date | Aug 01, 2024 - Oct 14, 2024 |
NMAT 2024 Registration Date | Aug 01, 2024 - Oct 10, 2024 |
The NMAT 2023 cutoff percentile for the Master of Business Administration [MBA] at NMIMS was 96 for the General category.
Courses |
---|
Compare |
NMIMS | NMIMS Bangalore | IIM Mumbai | IBS Hyderabad | |
---|---|---|---|---|
Reviews Rating | ||||
Cost To Study | Total Fees ₹2500000 (2 Years ) Hostel Fees ₹180000 | Total Fees ₹2000000 (2 Years ) Hostel Fees ₹200000 | Total Fees ₹21 Lakhs (2 Years ) Hostel Fees ₹24000 | Total Fees ₹17.01 Lakhs (2 Years ) |
Ranking | # Ranked 8/275 by India Today Management Ranks | # Ranked 30/275 by India Today Management Ranks | # Ranked 12/292 by India Today Management Ranks | # Ranked 22/275 by India Today Management Ranks |
Highest Salary | ₹6770000 | ₹4325000 | ₹5400000 | ₹2100000 |
Average Salary | ₹2513000 | ₹1411000 | - | ₹971000 |
General Course Details | Duration - 2 Years Course Offered - Full Time Total Seats - 600 Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree | Duration - 2 Years Course Offered - Full Time Total Seats - 240 Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree | Duration - 2 Years Course Offered - Full Time Total Seats - 300 Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree | Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree |
Eligibility | Graduation with 50% + NMAT | Graduation with 50% + NMAT | Graduation with 50% + CAT | Graduation with 50% |
Search from 20K+ Courses and 35+ Streams
Likes
Dislikes
These insights are automatically extracted from student reviews
Likes
Dislikes
From the course point of view, I think MBATECH is good option because the overall course covers up in just 5 years, which academically saves you one whole year.Also you earn technical as well as management knowledge
Likes
Dislikes
The NMIMS distance learning curriculum helps you in understanding of business management concepts, it covers core subjects of Management, finance, operations or HR. It help in enhancing the critical thinking. Talking about the exam timing. You get 2.5 hours for completing the examination of 70 marks.
Likes
Dislikes
Mba allows for greater job opportunities and it enhances my cv I did mba for personal growth and exposure It gives good exposure to us as a student which helps us tu think beyond and have creative ideas as well
Likes
Dislikes
The value and reputation of this college are very high and the MBA program of the college is valuable for the career growth of the students which can highly positive impact on the career, the exams and assignments of the college carried out very strictly.
Likes
Dislikes
The curriculum of the course is same as Nmims Mumbai. Where some subjects like business simulation provide real world knowledge of business and its changing dynamics, there are some subjects that in my personal opinion that are a bit irrelevant. More subjects can be added that add value to real life learnings and enhance our skillset. It was a trimester based system, where diffuculty level of exams was moderate.
Likes
Dislikes
The course curriculum is very robust. The course structure is equally balanced for generam management course containing equal parts of all supposed majors like finance, marketing human resources, operations and analytics.
Likes
Dislikes
I choose this course finance because I'm from accounts background I studied finance in bcom and I completed ca cpt and persuing second level the curriculum is teaching me for the basic level to intermediate level I'm learning new in every semester the course is good the teaching is moderate but it's they're doing great the timing of my exams are not bad the exams is quite difficult
Likes
Dislikes
The curriculum covers a wide range of relevant topics in business administration while ensuring depth in core areas. The course is addressing contemporary issues and emerging trends in the business world. The inclusion of case studies, practical projects, and industry interaction makes the curriculum relevant. The presence of specialized courses like financial modeling, strategic management, and marketing analytics. The internships, practical experiences, and networking events have influenced my decision. The integration of internships, consulting projects, and opportunities for learning experiences prepares students well for real-world applications. The curriculum should be enhanced with more practical lectures, and guest lectures rather than theoretical knowledge. The teaching method should include more case studies and group projects for deeper understanding There is a trimester pattern at MBA in NMIMS where a year exam is held 3 times a year with a moderate to high difficulty level.
Likes
Dislikes
I was searching for a good master course there and MBA was a good option for me but if I do with a good college In the teaching method, they should improve the practical part No exams are not that difficult and the timing was also good
Likes
Dislikes
The curriculum was well designed covering all aspects of study. The specific modules focus on emerging trends, The curriculum is effectively balanced with the necessary tools. While the curriculum was comprehensive there were few areas where they could improve
Yes, NMIMS is considered to be the MBA college in Mumbai city and its MBA program is highly regarded among aspirants. Here are a few pros and cons of the institute that might help you
Pros
Cons :
So, NMIMS was once a great B School but the increasing batch size has affected its reputation largely. You can go for colleges with a smaller batch size and similar fees to get better job opportunities.
NMIMS Mumbai offers a good MBA program. It has a brilliant faculty base. Most of the faculty members are well-experienced and cooperative. If you are interested, you can research under any professor of your choice. It follows the Harvard case studies. You can learn and participate in the case study competitions.
NMIMS Mumbai placements 2022 had an average CTC of INR 19.40 LPA. While the highest CTC offered by the institute was INR 24.84 LPA. Located in the finance capital of the country, it also offers good exposure to students.
One of my friends got into NMIMS through NMAT. According to him, it was not the most sorted choice as their rankings and placement reports are inflated.
Spending a huge amount for MBA education is not a great idea. People might consider it an investment, but you have to make an informed decision by also considering the ROI. Therefore, if you are an outstation student consider other colleges than NMIMS.
NMIMS MBA fees per year is INR 10.95 Lakhs. So, the total fees for the two year long course is INR 21.90 Lakhs. Here are the specific fee details for different specializations.
Course | Fees(in INR) |
MBA/MBA HR | 10,42,000 |
MBA in Pharmaceutical Management | 6,32,000 |
Dual Degree in MBA Decision Sciences & Analytics and MS in Business Analytics & Information Mangement from Purdue University | 12,02,000 |
MBA Business Analytics | 8,52,000 |
The hostel fees need to be paid separately.
MBA and PGDM are more or less similar. The latter is considered to be a diploma and the former a degree. The Mumbai campus of NMIMS provides an MBA degree and a PGDM degree.
If you pursue an MBA you will be studying more of the theoretical aspects of management. An MBA institute will be following a fixed curriculum as it will be based on the university guidelines.
If you are pursuing a PGDM course you will be gaining knowledge regarding building soft skills and the programme is more industry-oriented. An autonomous institute does not have to follow university standards, so it is free to change its curriculum according to industry standards and change in the business environment. The course will prepare you for a senior level position in a company.
It is suggested that if you are willing to do business management, be it MBA or PGDM, consider only the Mumbai campus, as it has better placements and opportunities than Hyderabad or Bangalore.
The NMIMS rating among MBA schools is quite remarkable. NMIMS is performing exceptionally well in both rankings and placements.
The NAAC gave NMIMS its initial accreditation with an A+ grade. This was based on the institution's development into an exceptional one, as well as its performance and contribution to management education.
The following table shows the recent ranking of the institute in the management category:
Ranking Body |
Ranking (In the year 2023) |
NIRF |
21 |
IIRF |
25 |
FT |
83 |
Business Today |
10th among top B-schools |
So, it can be concluded that NMIMS (Narsee Monjee Institute of Management Studies) consistently ranks among the top business schools in India. Its ranking may vary across different surveys and years but is generally within the top 20-30 in national rankings.
Do not believe in the ranking of the college. It will cost you if you are not a resident of Mumbai as the college does not have a hostel and spending this much amount for an MBA is really stupidity.
You will get an average package of around 12.5-13 LPA for core and 9-10 LPA for HR. Also, the college charges separate amounts for GDPI round and after the release of results, the college demands 9 lakh be deposited immediately within a week.
Also, it is believed that sitting in centralized AC and roaming in posh areas would not help in your overall development but exposure to different fields prepares you for the professional front.
Lastly, we can say that spending too much without availing facilities is not worth it. So abstain from getting admission here. Instead, take admission in other top management colleges where you get exposure to various other fields as well.
NMIMS is the best option among these. The strategic location, excellent placement, and brand value put NMIMS ahead of the other institute mentioned in the question.
NMIMS is located at the financial hub of Mumbai. The campus is just an hour or an hour and a half drive away from commercial and industrial spaces like Bandra Kurla Complex, Navi Mumbai, South Bombay, etc. Due to the locational advantage students can easily attend industrial visits of reputed organizations like TOI, Pepsico, JPMC, etc.
NMIMS Mumbai placements are way ahead of the B-Schools in the same tier. Even with a batch size of 500+, the institute offers an average CTC of INR 23.07 LPA.
The following answer is based on my brother’s experience at NMIMS and may vary from person to person depending on their own personal expenses and standard of living. The table below shows the NMIMS MBA fee structure.
Particulars |
Data |
Total Fees |
INR 23.90 Lakhs |
Hostel fees (Non-Refundable) |
INR 2,25,000- 3,00,000 |
Hostel fees (Refundable) |
INR 10,000 |
From the above data the approximate cost is 26-27 Lakhs. The additional expenses like hanging out, fares, and miscellaneous activities can amount to 1 Lakh.
Now let’s consider you staying in a flat and not a hostel. The MBA fees remain the same. But the living expenses are considerably cut down. My friend lives in a flat with 5 people and shared her average expenses.
The total expenses including tuition fees amount to 30-33 Lakhs. I think it’s better to go to a hostel than to a flat.
My friend was an Engineering fresher student at NMIMS and was very satisfied with the placements of freshers at NMIMS.
Summer placements
During the summer placements freshers are most preferred by sales and marketing companies, especially FMCGs. Even big finance companies hire freshers. The students whether freshers or work experience are preferred on the basis of the individual requirements of the companies which keep changing. So the placement is proportionate and no distinction is made.
Final placements
The final placements take place in 2 stages. The lateral placements are for 24 months and then executive placements are for people having less than 2 years of experience.
Packages offered
During the summer placements, freshers are offered PPOs which are hefty packages. However, for Final Placements, companies do consider work experience and thus experienced ones tend to land better packages than freshers. But the entire scenario is quite unpredictable as I have seen freshers receive the highest package as well as the lowest package. Placements depend on your overall profile which includes your grades and your luck too!
Comments