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NMIMS Mumbai Placements 2023: Average Package: INR 26.62 LPA & Highest Package: INR 67.80 LPA

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NMIMS Mumbai Placements 2023: Average Package: INR 26.62 LPA & Highest Package: INR 67.80 LPA

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Written By Aparna Das 

NMIMS Mumbai Placements 2023 has been concluded. During the MBA placement drive, 36% of the batch were placed through PPOs. NMIMS Mumbai highest package stood at INR 67.80 LPA whereas NMIMS Mumbai average package stood at INR 26.63 LPA. A total of 148 recruiters participated in the MBA placement drive among which 52 were first-time recruiters & 84 were Fortune 500 recruiters. Some of the top recruiters included Aditya Birla Capital, American Express, Goldman Sachs, Crisil etc. During NMIMS Mumbai MBA HR Placements 2023, the highest package stood at INR 57.65 LPA while the average package stood at INR 23.07 LPA. 29% of the batch were placed through PPOs.

During NMIMS Mumbai Summer Internship Placements 2023, NMIMS Mumbai highest stipend stood at INR 4 Lakhs per month while NMIMS Mumbai average stipend stood at INR 2 Lakhs per month for the MBA batch.

NMIMS Placements 2023 Infograph

 

NMIMS Mumbai Placements 2023 Report

The below table represents the highlights of NMIMS Mumbai MBA Placements 2023:

Particulars Placements Statistics 2023 Placements Statistics 2022
Total Number of Recruiters 148 130
Number of New Recruiters 52 38
Number of Fortune 500 Recruiters 84 64
Percentage of PPOs 36% 29%
Highest Package INR 67.80 LPA INR 57.65 LPA
Average Package INR 26.63 LPA INR 23.07 LPA
Major Domains General Management, Marketing, Finance, Operations & Data Science  -
Major Domains BFSI, Consulting BFSI, Consulting
Top Recruiters Aditya Birla Capital, American Express, Goldman Sachs, Crisil etc Aditya Birla Capital, Accenture, Cognizant, Infosys, IBM, EY, Virtusa

NMIMS Mumbai Placements 2023 Sector-Wise Analysis

As per the Information collected by Collegedunia, a total of 98 recruiters made Job offers at NMIMS Mumbai. The following table represents the sector-wise analysis for the batch 2023 at NMIMS Mumbai:

Sectors CTC Range
BFSI INR 14 - 36 LPA
Consulting INR 14 - 36.3 LPA
IT & Analytics INR 13 - 57 LPA
FMCG/ FMCD INR 15 - 32 LPA
Retail INR 17 - 25 LPA
Pharmaceutical/ Healthcare INR 16 - 27 LPA
Media/ Telecom INR 20 - 31 LPA
E-Commerce INR 15 - 27 LPA
Logistics INR 15 - 22 LPA
Automobile INR 17 - 28 LPA
Manufacturing/ Oil & Gas INR 18 - 22 LPA
Conglomerates INR 23 - 33 LPA

NMIMS Mumbai BFSI Sector Placements 2023

The following table represents the BFSI Sector placements for the batch 2023 at NMIMS Mumbai:

Company CTC Range (LPA)
Aditya Birla Capital 17
American Express 28 - 36
Arcesium 27 - 30
Axis Bank 18 - 20
Bank of America 14 - 16
Barclays 16 - 18
BNY Mellon 17
Crisil 17 - 19
DE Shaw & Co. 32
Goldman Sachs 15 - 25
HDFC Bank 19
HSBC 22 - 24
ICICI Bank 16 - 20
ICICI Lombard 17
ICICI Prudential 15 - 17
ICICI Securities 18
IDFC First Bank 20.7
InCred 20 - 22
Indus Valley Partner 17 -18
Kotak Mahindra Bank 16 - 17
Marsh 17
Max Life Insurance 22 - 23
Nomura 20 - 22
Phonepe 30
PolicyBazaar 15 - 25
SBI Caps 17
TATA AIA 15 - 19
TATA AIG 16 - 17
TresVista 17.5
Yes Bank 22

NMIMS Mumbai Consulting Sector Placements 2023

The following table represents the Consulting Sector placements for the batch 2023 at NMIMS Mumbai:

Company CTC Range (LPA)
Accenture 20 - 30
Acuvon 25.7
Avalon Consulting 20 - 22
Avasant 17 - 19
Bain & Company 16.5 - 21.5
Cognizant 18
Everest Group 27 - 29
EXL 28
EY 21 -24
IBM 30
Infosys Consulting 16 - 24
KPMG 30.67
LEK 22
McKinsey & Company 20 - 21
Native 14 - 16
Practus 30
PwC 20 - 24
Trinity Life Sciences 36.3

NMIMS Mumbai IT & Analytics Sector Placements 2023

The following table represents the IT & Analytics Sector placements for the batch 2023 at NMIMS Mumbai:

Company CTC Range (LPA)
_VOIS 18 - 20
Arteria 22 -25
Capgemini 13 - 17
Cisco 21
Dell 16 - 18
Google 38 - 44
Gramener 16 - 25
Hexaware 18 - 20
Microsoft 40 -57
Wipro 22 -24
Affinity 18 - 20
Factspan 16 - 18
Merilytics 17 -18

NMIMS Mumbai FMCG/ FMCD Sector Placements 2023

The following table represents the FMCG/ FMCD Sector placements for the batch 2023 at NMIMS Mumbai:

Company CTC Range (LPA)
Amway 18 - 20
Bajaj Electricals 15 - 17
Britannia 20 - 22
Diageo 22 - 24
Dabur 28
Johnson & Johnson 28 - 20
Jubilant FoodWorks 22
L’Oreal 30 - 32
Mars 24 - 27
PepsiCo 24
Pidilite 28
TATA Consumer Products 18 - 20
Marico 28 - 29
Asian Paints 28 - 30

NMIMS Mumbai Retail Sector Placements 2023

The following table represents the Retail Sector placements for the batch 2023 at NMIMS Mumbai:

Company CTC Range (LPA)
Aditya Birla Fashion & Retail 20
Samsung 25
Titan  17 - 18
Whirlpool 18 - 20

NMIMS Mumbai Pharaceutical/ Healthcare Sector Placements 2023

The following table represents the Pharmaceutical/ Healthcare Sector placements for the batch 2023 at NMIMS Mumbai:

Company CTC Range (LPA)
Abbott 19
Cipla 20
Indegene 16 - 18
Optum 25 - 27

NMIMS Mumbai Media/ Telecom Sector Placements 2023

The following table represents the Media/ Telecom Sector placements for the batch 2023 at NMIMS Mumbai:

Company CTC Range (LPA)
Jio Platforms 26 - 31
Sony Pictures 20

NMIMS Mumbai E-Commerce Sector Placements 2023

The following table represents the E-Commerce Sector placements for the batch 2023 at NMIMS Mumbai:

Company CTC Range (LPA)
Flipkart 25 - 27
Indiamart 15

NMIMS Mumbai Logistics Sector Placements 2023

The following table represents the Logistics Sector placements for the batch 2023 at NMIMS Mumbai:

Company CTC Range (LPA)
Allcargo 20 -22
Elasticrun 15 - 17

NMIMS Mumbai Automobile Sector Placements 2023

The following table represents the Automobile Sector placements for the batch 2023 at NMIMS Mumbai:

Company CTC Range (LPA)
Mahindra Rise 28
Maruti Suzuki 17

NMIMS Mumbai Manufacturing/ Oil & Gas Sector Placements 2023

The following table represents the Manufacturing/ Oil & Gas Sector placements for the batch 2023 at NMIMS Mumbai:

Company CTC Range (LPA)
Aditya Birla Grasim 18
Baker Hughes 20 - 22
Vedanta 21

NMIMS Mumbai Conglomerate Sector Placements 2023

The following table represents the Conglomerate Sector placements for the batch 2023 at NMIMS Mumbai:

Company CTC Range (LPA)
ITC 33
Piramal 26
Reliance 23
TAS 28

NMIMS Mumbai MBA Placements Salary Wise

The following table represents the salary wise placements for the batch 2023 at NMIMS Mumbai:

Salary Statistics CTC Offered
Top 10% Average Package INR 40.41 LPA
Top 20% Average Package INR 36.50 LPA
Top 30% Average Package INR 34.39 LPA
Top 40% Average Package INR 32.53 LPA

NMIMS Mumbai MBA Placements 2023 Domain - Wise

The below table represents the domain - wise statistics of NMIMS Mumbai MBA Placements 2023:

Domains Highest Package
General Management INR 67.80 LPA
Marketing INR 57.78 LPA
Finance INR 42 LPA
Operations & Data Science INR 36.32 LPA

The highest package came from the General Management domain during NMIMS Mumbai MBA Placements 2023.

NMIMS Mumbai MBA Placements 2023 Sector - Wise

The below table represents the sector - wise statistics of NMIMS Mumbai MBA Placements 2023:

Sectors Placement Percentage On Campus PPOs Job Roles Offered Top Recruiters
BFSI 35% 65% 35% Investment Banking Analyst, Investment Research Analyst, Financial Operations Analyst  Aditya Birla Capital, Goldman Sachs, HDFC Bank, Crisil, HSBC etc
Consulting  22% 86% 14% Management Consultant, Strategy Consultant, Technology Consulting Analyst, Financial Consultant etc Accenture, Avalon Consulting, Accenture, Bain & Company, Infosys, IBM etc
IT/Analytics, Pharmaceuticals, Media, Telecom 15% 43% 57% Customer Project Specialist, Business Manager, Business Planning Analyst etc Abbott, Accuracy, Airtel, Dell, Cipla etc
FMCG, FMCD & Retail 13% 46% 54% - Aditya Birla Fashion & Retail, Amway, Asian Paints, Samsung, TATA Consumer Products etc
Auto, Conglomerate, Manufacturing, Power, Oil & Gas 10% 67% 33% - Cummins, Luminous, Mahindra, Piramal, Vedanta etc
Start-up, Logistics & E-commerce 5% 70% 30% Product Manager, Programme Manager, Account Manager, Assistant Product Manager etc Flipkart, Phone Pe, India Mart, Policybazaar, Fibe etc

NMIMS Mumbai MBA Placements Year - Wise Trends

The below table represents the year - wise trends of NMIMS Mumbai MBA Placements:

Particulars 2023 2022 2021 2020
Number of Recruiters 148 130 39 29
No. of New Recruiters 52 38 19 7
Fortune 500 Recruiters 84 64 11 24%
Percentage of PPOs 36% 29% 23% 45%
Highest Package INR 67.80 LPA INR 57.65 LPA INR 21 LPA INR 22 LPA
Average Package 26.63 LPA INR 23.07 LPA INR 15.09 LPA INR 14.98 LPA
Dominating Sector BFSI BFSI IT Consulting

During NMIMS Mumbai MBA Placements 2023, the highest package increased from INR 57.65 LPA to INR 67.80 LPA while the average package increased from INR 23.07 LPA to INR 26.63 LPA.

 

Mumbai MBA Placements 2023 Batch Profile

NMIMS Mumbai MBA Core Batch

 

NMIMS Mumbai MBA HR Placements 2023

The below table represents the highlights of NMIMS Mumbai MBA HR Placements 2023:

Particulars Placements Statistics 2023
Total Number of Recruiters 51
Number of New Recruiters 24
Number of Fortune 500 Recruiters 29
Percentage of PPOs 25%
Highest Package INR 25.95 LPA
Average Package INR 19.56 LPA
Top 10% Average Package INR 25.64 LPA
Top 15% Average Package INR 24.80 LPA
Top 20% Average Package INR 24.20 LPA
Top 25% Average Package INR 23.77 LPA
Top Recruiters Adani, Aditya Birla Capital, Capgemini, Bosch, Cognizant etc

NMIMS Mumbai MBA HR Placements 2023 Sector - Wise

The below table represents the sector - wise statistics of NMIMS Mumbai MBA HR Placements 2023:

Sectors Placement Percentage On Campus PPOs
Auto, Conglomerate, Manufacturing, Power, Oil & Gas 32% 78% 22%
Consulting  26% 87% 13%
IT/Analytics, Pharmaceuticals, Media, Telecom 21% 75% 25%
BFSI 13% 67% 33%
FMCG, FMCD & Retail 4% 80% 20%
Start-up, Logistics & E-commerce 4% 60% 40%

NMIMS Mumbai MBA HR Placements Year - Wise Trends

The below table represents the year - wise trends of NMIMS MBA HR Placements:

Particulars 2023 2022 2021 2020
Number of recruiters 51 24 39 29
No. of new recruiters 24 10 19 7
Fortune 500 recruiters 29 11 11 24%
Percentage of PPOs 25% 11% 23% 25%
Highest salary INR 25.95 LPA INR 24.84 LPA INR 21 LPA INR 22 LPA
Average salary 19.56 LPA INR 19.40 LPA INR 15.09 LPA INR 14.98 LPA
Dominating sector Auto, Conglomerate, Manufacturing, Power, Oil & Gas IT, Pharmaceuticals, Media & Telecom IT Consulting

NMIMS Mumbai MBA HR Placements 2023 Top Recruiters

NMIMS Mumbai MBA HR Recruiters

NMIMS Mumbai MBA HR Placements 2023 Batch Profile

NMIMS Mumbai MBA HR Batch Profile

Get Exclusive Placement Insights: Join NMIMS Mumbai Community 

NMIMS Mumbai Summer Internship Placements 2023 Report

The below table represents the highlights of NMIMS Mumbai Summer Internship Placements 2023:

Particulars Internship Statistics (2023) Internship Statistics (2022)
Total Number of Recruiters 116 160+
New Recruiters 42 70+
Fortune 500 Recruiters 63 50+
Highest Stipend INR 4 Lakhs per month INR 4 Lakhs per month
Average Stipend INR 2 Lakhs per month INR 1.40 Lakhs per month
Major Sectors BFSI & Consulting IT, Pharmaceuticals,Media & Telecom
Top Recruiters Aditya Birla Capital, American Express, Crisil, ICICI Bank, HSBC etc Aditya Birla Capital, American Express, Avendus, Crisil, Tresvista etc
  • Top 50 average stipend stood at INR 3.5 Lakhs per month.
  • Top 100 average stipend stood at INR 3.24 Lakhs per month.
  • Top 150 average stipend stood at INR 2.98 Lakhs [per month.
  • Top 200 average stripend stood at INR 2.70 Lakhs per month.
  • General Management, Finance, Marketing, Operations & Data Science were the major domain during the 2023 summer internship placement drive.

NMIMS Mumbai MBA Summer Internship Placements 2023 Sector - Wise

The below table represents the highlights of NMIMS Mumbai Summer Internship Placements 2023:

Sectors Placement Percentage Top Recruiters
BFSI 28% Aditya Birla Capital, American Express, Crisil, ICICI Bank etc
Consulting 23% Accenture Strategy, Deloitte, Bain & Company, EY etc
FMCG, FMCD & Retail 19% Aditya Birla Fashion, & Retail, Asian Paints, Diageo, ITC Ltd etc
Auto, Conglomerate, Manufacturing, Power, Oil & Gas, Aviation 12% Adani, Everest, Cummins, Mahindra etc
IT/Analytics, Pharmaceuticals, Media & Telecom, Real Estate 11%
Start-up, Logistics & E-commerce 7%

NMIMS Mumbai MBA Summer Internship Placements 2023 Batch Profile

NMIMS Mumbai MBA Core Batch Profile

Also check NMIMS Mumbai Departments

 

NMIMS Mumbai MBA HR Summer Internship Placements 2023

The below table represents the highlights of NMIMS Mumbai MBA HR Summer Internship Placements 2023:

Particulars Internship Statistics 2023
Total Number of Recruiters 48
New Recruiters 35
Fortune 500 Recruiters 20
Highest Stipend INR 3 Lakhs per month
Average Stipend INR 1.42 Lakhs per month
Top 10% Average Stipend INR 2.58 Lakhs per month
Top 15% Average Stipend INR 2.38 Lakhs per month
Top 20% Average Stipend INR 2.26 Lakhs per month
Top 25% Average Stipend INR 2.16 Lakhs per month
Major Domains General Management, Finance, Marketing, Operations & Data Science
Major Sectors BFSI & Consulting

The below table represents the sector - wise statistics of NMIMS Mumbai MBA Hr Summer Internship Placements 2023:

Sectors Placement Percentage
IT/Analytics, Pharmaceuticals, Media & Telecom, Real Estate 29%
Auto, Conglomerate, Manufacturing, Power, Oil & Gas, Aviation 24%
BFSI 23%
FMCG, FMCD & Retail 9%
Consulting 8%
Start-up, Logistics & E-commerce 7%

The highest number of placements were made in the IT/Analytics, Pharmaceuticals, Media & Telecom, Real Estate sectors followed by the Auto, Conglomerate, Manufacturing, Power, Oil & Gas, Aviation sectors.

NMIMS Mumbai MBA HR Summer Internship Placements 2023 Top Recruiters

NMIMS Mumbai MBA HR Recruiters

NMIMS Mumbai MBA HR Summer Internship Placements 2023 Batch Profile

NMIMS Mumbai MBA HR Summer Internship Batch Profile

 

NMIMS Mumbai Alumni Network

Name of Organizations Number of Alumni
SVKM’s Narsee Monjee Institute of Management Studies, Mumbai 444
Tata Consultancy Services 189
Amazon 154
Accenture 148
EY 103
Deloitte 101
Genpact 96
Capgemini 88
HDFC Bank 83
Cognizant 78
Wipro 74
Infosys 72
HCLTech 69
Vaayu Fest 69
ICICI Bank 65
 

NMIMS Mumbai Placements FAQs

Ques. How are placements at NMIMS Mumbai?

Ans. During NMIMS Mumbai Placements 2023, the MBA batch received the highest package of INR 67.80 LPA & the average package of INR 26.62 LPA. MBA HR batch received the highest package of INR 57.65 LPA & the average package of INR 23.07 LPA. 

Ques. Does NMIMS have 100% placements?

Ans. Yes, NMIMS Mumbai provides 100% placements every year.

Ques. NMIMS Mumbai average package MBA?

Ans. NMIMS Mumbai average package stood at INR 26.63 LPA for MBA batch & INR 23.07 LPA for the MBA HR batch.

Ques. What is the highest package in NMIMS placement?

Ans. NMIMS Mumbai highest package stood at INR 67.80 LPA during the 2023 placement drive.

Ques. What was the highest stipend offered during NMIMS Mumbai Summer Internship Placements 2023?

Ans. The highest stipend stood at INR 4 Lakhs per month during NMIMS Mumbai Summer Internship Placements 2023.

Ques. What was the average stipend offered during NMIMS Mumbai Summer Internship Placements 2023?

Ans. NMIMS Mumbai average stipend stood at INR 2 Lakhs per month for the MBA batch & 1.42 Lakhs per month for the MBA HR batch.

Ques. Who were the top recruiters of NMIMS Mumbai Placements 2023?

Ans. Recruiters like Aditya Birla Capital, American Express, Goldman Sachs, Crisil etc participated in NMIMS Mumbai Placements 2023.

NMIMS Highest and Average Package

Highest PackageAverage Package
67.80 L
26.63 L
013.6 Lakhs27.1 Lakhs40.7 Lakhs54.2 Lakhs67.8 Lakhs

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Why To Join NMIMS - Reviews & Rating

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Placement Experience:

Students become eligible from semester 5 for Technical Internship, from semester 7 for management internship, and thereafter thr placement cycle also starts. Companies like EY, Accenture, Deloitte, Bloomberg, ICICI, Kotak, etc have visited the campus and have given good offers. Average percentage of students getting placed is 80%

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Rishul Ghosh
Rishul Ghosh B.Tech + MBA, Information Technology (Enrolled 2019) Reviewed on Jun 25, 2024
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Placement Experience:

Campus placement is available for students. The campus placement is done by placement committee which is a mix of student and staff. The companies are very okish for placement. In a total of 30 companies have visited for previous year. The placement start from 7 sem itself.

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Sairaj Patil
Sairaj Patil B.Tech, Artificial Intelligence & Data Science (Enrolled 2021) Reviewed on Jun 17, 2024
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An acute review

3.4Helpful

Placement Experience:

Our college ensures 100% campus placement and they really do it well. They bring good companies to the college. The companies usually offer an average package of 4 - 7 lakhs depending on the students knowledge towards the course. For last 3 years they brought Samsung to our campus, they took 4 students form my branch for a package of 10.5 lakhs for each student. After completing the degree I am looking forward for placements for a decent job in a reputed company.

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Harshal Ameta
Harshal Ameta B.Tech, Mechatronics (Enrolled 2021) Reviewed on Jun 12, 2024
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Placement Experience:

The placements are great in this college with an average salary of 800000 and the highest salary of 1500000. Many tech giants visit the college for various job profiles like Software Engineer, Software Developer, Data Analyst and many more.

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Anonymous MCA, (Enrolled 2023) Reviewed on Jun 7, 2024
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NMIMS Shirpur

5.0Helpful

Placement Experience:

the placement starts from 6th semister and students are eligible from there only.all big big companies like infosys, tech mahindra, google , amazon, indiamart, wipro like companies visit here. average package is 10lakj and hightest pacakge for previous is 23lakh

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Shlok Salunke
Shlok Salunke B.Tech, Artificial Intelligence & Machine Learning (Enrolled 2023) Reviewed on May 29, 2024
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Placement Experience:

The college provide 100 percent placement but mostly 30 to 40 percent doens't enroll for placement because they plans for studying in abroad . If there is no placement in campus that college name has that potential that can provide of campus placement by students. My plans after degree is about to take placement

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Anonymous B.Tech + MBA, Computer Engineering and Technology Management (Enrolled 2022) Reviewed on May 15, 2024
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Placement Experience:

The fourth trimester marks the beginning of the placement season. This year many big n small companies visited like pricewater coopers, ey, thomson reuters etc. The students are not 100% placed n some companies have revoked offer letters as well.

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Avni Agarwal MBA, General (Enrolled 2022) Reviewed on Apr 26, 2024
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Placement Experience:

Placements have been fairly good this year given the market conditions. were able to place roughly 200 plus students in good companies. roughly 50 companies visited avg being 12 lpa this year. All kinds of companies, finane marketing IT HR visited the campus

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SAANJH JAIN
SAANJH JAIN MBA, General (Enrolled 2023) Reviewed on Apr 26, 2024
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Placement Experience:

From 2 year the students are eligilbe for the palcements, and there are various comapnies coming to campus like servicenow, ICICI BAnk, HSBC and tally. The highest package offered was 28.05 lakh and average package was 13.01 lakh. The comapny has a track record of 100% placement. 196 students were there and no. of offers made were 196. After getting degree,I would be doing my job intially.

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Jay Chandrakumar Khemani MBA, General (Enrolled 2022) Reviewed on Mar 20, 2024
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Placement Experience:

They are preety good, based on our knowledge and practice we are awarded varied packages. MNCs and Startup do come with varied package amount. 90% of the students are awarded placements. I haven't decided what do i do after the degree!

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Rahil Jethwa B.Tech, Computer Engineering (Enrolled 2020) Reviewed on Mar 15, 2024
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NMIMS: 26 Answered Questions

Is NMIMS's average salary really above 16L Rs.?

Karishma Khatri
Advait JoshiLives in Mumbai, Maharashtra, India

Yes, it's true that NMIMS's average salary is above INR 16 LPA. In the 2023 MBA placements of NMIMS, around 36% of the batch were placed through PPOs. The highest package stood at INR 67.80 LPA whereas the average package stood at INR 26.63 LPA. Here are the salary-wise placements for the batch 2023 at NMIMS Mumbai:

Salary Statistics

CTC Offered

Top 10% Average Package

INR 40.41 LPA

Top 20% Average Package

INR 36.50 LPA

Top 30% Average Package

INR 34.39 LPA

Top 40% Average Package

INR 32.53 LPA

So yes, NMIMS average package is really above INR 16 LPA!

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What is the actual average salary for NMIMS Mumbai? Is it really worthwhile to do an MBA from NMIMS, considering the huge fees and inflated placement reports?

Rohan Mitrastudied at SVKM's NMIMS (2019)

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.

  • They show an average package of 16 LPA being offered to 550 students but it is impossible to get that.
  • Usually students receive a 12-13 LPA for core subjects and 9-10 LPA for HR.
  • NMIMS is a popular brand, thus the brand name attracts lots of students in Hyderabad and Bangalore campus. But they are not good enough as generally promoted.
  • IMT, NMIMS, SIBM, XIMB were once one of the top private B-schools . But their standards have degraded recently. Only MDI managed to maintain and move forward.
  • No other B-school increased fees like NMIMS. Its fees are more than XLRI and IIM A, B and C.
  • The building at NMIMS is also not great, according to the fees that they charge.
  • No other college charges its candidates for conducting CDPI or GDPI. Whereas NMIMS students have to pay 1000 rupees.
  • After the release of the results, students have to pay fees of about 9 lakhs in just 1 week.

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.

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How honest are the non-IIM MBA colleges (SPJIMR, NMIMS, SIBM, XLRI) when they say their average package is 12-15L?

Falguni GuptaMBA Supply Chain Management & Strategy and Management Consulting, S. P. Jain Institute of Management and Research

SPJIMER, SIBM, and XLRI placement reports are pretty accurate. Rather than the typical average/median CTC method,  SPJIMER publishes its placement report in IPRS format. Every figure mentioned in the placement report is true to the 2nd decimal point. 

XLRI and SIBM also keep the placement report transparent. SIBM gets its placement audited regularly. As per the 2022 placement highlights, the average CTC for SPJIMER, SIBM, and XLRI were INR 23.6 LPA, INR 23.06 LPA, and INR 30.73 LPA respectively. 

NMIMS inflates the report. The numbers are quite high. 

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Can I expect a placement after studying BBA at NMIMS?

Ahana Bhaduri
Disha MittalB.Sc. Finance, SVKM's NMIMS (2018)

The placement scenario is quite good at NMIMS Mumbai. According to the reviews online, they provide ample opportunities for jobs in MNC’s. Lots of reputed companies visit the campus during their placement process choosing the deserving candidates. Hence the competition is usually high.

But the one thing that students have shown their concern about are the salary packages offered. The data in the website is said to be inflated to attract more candidates. But in a more true sense the salary packages are really less than portrayed. The college claims to provide an average salary package ranging from 15-16 LPA, mostly the students are offered 9-10 LPA.

The course BBA is really good and full of opportunities, but it is suggested that you complete MBA also to get a better salary package from a reputed company like KPMG, EY, American Express, ICICI Bank, etc. They have a highly experienced faculty, so  you will get to learn a lot.

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How is NMIMS currently? What is the placement package?

Sritama DuttaMBA Marketing, SVKM's NMIMS (2020)

NMIMS Mumbai is one of the most reputed B-Schools in the country. It is well-established and has a significant industry reputation. It has a vast alumni base, great faculties, and excellent placement statistics. As it is located in Mumbai, students get great industry exposure. 

It is mostly known for its Marketing, Finance, IT, and Operations specializations. Companies also offer general management roles in the placement drive. But due to the vast batch size, only a handful of people can get such opportunities. In terms of ROI, it is a bit expensive compared to the other B-Schools in the same league. The living cost of Mumbai plays a huge role in that. 

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How are the placements at other B-schools like S.P Jain, JBIMS, NMIMS, SIBM and XLRI compared to the IIMs? Is it worth joining these institutes?

Radhika KalyanMBA Supply Chain & Business Analytics, S. P. Jain Institute of Management and Research (2017)

Although all the institutes offer good placement to its students, a comparative analytical report based on points would be helpful for you to decide which institute to choose for your higher studies.

XLRI:

  • Some of the top recruiters who offer internship and job opportunities to the XLRI students are Aditya Birla Group, Amazon, Microsoft, are ITC, JP Morgan, Ramco Systems, Accenture, Sapient, ATG Tires, Lodha Group, RPG, Udaan, P&G, Colgate Palmolive, Ola, Myntra, Samsung, C K Birla, Power Finance Corporation among others.

  • The highest and medium salary packages remain to be around 50 LPA and 12-15 LPA.

IIML:

  • It offers 100% placement to its students.

  • The top recruiters are JCB India, Bosch, Apparel group, Tolaram Group, RPG Group, and more.

  • The highest and the medium salary range remain to be around 54 LPA and 23 LPA.

IIMK:

  • Students at IIMK get 98% placement and the highest and the medium salary package remains to be around 40 LPA and 18 LPA.

  • Some of the top recruiters who offer internship and job opportunities are Cognizant, Wipro, Amazon, Airtel, City Bank, Deloitte, Nestle, Bosch, Microsoft, Raymond, and more.

SIBM Pune:

It was ranked 6th by Outlook India in 2020.

  • The top recruiters who offer placement to the students are Axis Bank, Flipkart, Diageo, KPMG, Capgemini, HDFC Bank, Mahindra CIE, ITC, and more.

  • The highest and the medium packages are 34 LPA and 18 LPA.

NMIMS:

NMIMS has ranked 2nd among the top BBA colleges of India by India Today in 2020.

  • Top recruiters of NMIMS students are IBM, Johnson, and Johnson, Deloitte, ICICI, HDFC Bank, Cadila, Mankind, Accenture, Amdocs, Bajaj Finserv, Aditya Birla Group, Alkem, Cipla, and more.

  • The highest and medium salary packages remain to be around 30 LPA and 17 LPA.

JBIMS:

  • Students receive job opportunities from various companies such as Mahindra Group, TATA Group, The Boston Consulting Group, Reliance Industries, Godrej consumer products, and more.

  • The highest and medium packages that are offered are 32 LPA and 26 LPA.

These are the major placement related details that you should be taking into account while deciding whether you want to join any of these institutes or not.

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What is the average salary package after doing an MBA from NMIMS?

Rituparna Nath
Anuraag DasStudied at MBA from NMIMS (2020)

The average salary package after completing an MBA from NMIMS depends on various factors such as

  • Work experience of the applicant
  • Academic background
  • Industry they are entering

As per official data, the NMIMS MBA Average package 2023 was recorded at INR 26.63 LPA. The discipline-specific average packages of MBA programs offered at NMIMS are

  • MBA Core: INR 23.07 LPA
  • MBA HR: INR 19.40 LPA
  • MBA Tech: INR 8.85 LPA

However, it's important to note that this is just an average, and some graduates may earn more or less depending on their individual circumstances.

...Read More
0
0

How is the placement at NMIMS Mumbai? I have heard that they show inflated figures in their website.

Sakshi MathurB.Tech in Computer Science and Engineering, Indian Institute of Technology, Bombay (IITB) (Graduated 2017)

Placements at NMIMS Mumbai are overall good and they are especially appealing in the finance domain. Like any other B school, NMIMS also projects an optimistic view of the salary figures that are sometimes slightly inflated but they are not factually wrong.

Connecting with past NMIMS students can get you a better idea of the actual figures. I also contacted my friend who was in the NMIMS 2016 batch. The average CTC around that time was 12 LPA which was pretty good considering the huge batch size of core MBA. The highest CTC that year stood at 32 LPA whereas the lowest stood at 8-8.5 LPA.

Sector-wise, the average CTC of Marketing was higher than the institute's average. In addition due to lower strength in Operations, they also fared well in placements. The students in Operations were able to get the desired job easily. The placements did not face any major issue except that the in the last round packages offered were as low as 8-10 LPA when around 100 students were left unplaced.

International roles were offered by Goldman Sachs, GE, Aliaxis group & few other companies. But the postings were mostly short-term in nature wherein you have to spend 3-3 months only.

Overall I think the placements are decent but might deteriorate with the increasing batch size and fees.

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What is the package offered to freshers in MBA from NMIMS Mumbai?

Dheeraj ChabraMBA (Part Time) from SVKM's NMIMS (Graduated 2021)

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!

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0

What is the minimum package offered to the MBA graduates at SIBM pune and NMIMS?

Ayushi TiwariStudied BBA from SVKM's NMIMS

The minimum package offered to the MBA graduates is not revealed by any of the institutes in their placement reports. The only way to get that is to talk through students who can say through their experience which may or may not be accurate. 

The table below will however give you the highlights of the placement process conducted by each of these institutes for their MBA batches of 2018-20.

Parameters 

SIBM Pune

NMIMS MBA

NMIMS MBA-HR

Number of recruiters

More than 90

148

29

Highest CTC

INR 34.26 LPA

INR 58.61 LPA 

INR 22 LPA

Average CTC

INR 20.14 LPA

INR 18.33 LPA 

INR 14.98 LPA

Based on these statistics, you can get a fair bit of idea of the salaries to expect from these institutes and will help you to set your expectations.

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View All Questions and Answers

NMIMS Alumni Distribution by Sector

Support 50%
Media and Communication 49%
Accounting 3%
Business Development 0%
Sales 0%

Frequently Visited Companies

Companies
AmazonBank of AmericaCiscoCognizant
FlipkartGenpactIBMJohnson & Johnson
Mu SigmaSchlumbergerAccentureBarclays Bank
DeloitteDeutsche BankGoldman SachsGoogle
HDFC BankHSBC BankITCMicrosoft
VMwareHero MotocorpPepsico Holdings (I) Pvt. Ltd.Tata Power

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Comments


2 Comments
S
siddhi singh
Does NMIMS Mumbai have good placement?
S
Sweta Kumari

NMIMS Mumbai Placements 2023 has been concluded. During the MBA placement drive, 36% of the batch was placed through PPOs. NMIMS Mumbai's highest package stood at INR 67.80 LPA whereas NMIMS Mumbai's average package stood at INR 26.63 LPA. A total of 148 recruiters participated in the MBA placement drive among which 52 were first-time recruiters & 84 were Fortune 500 recruiters. Some of the top recruiters included Aditya Birla Capital, American Express, Goldman Sachs, Crisil, etc. During NMIMS Mumbai MBA HR Placements 2023, the highest package stood at INR 57.65 LPA while the average package stood at INR 23.07 LPA. 29% of the batch were placed through PPOs. During NMIMS Mumbai Summer Internship Placements 2023, NMIMS Mumbai's highest stipend stood at INR 4 Lakhs per month while NMIMS Mumbai's average stipend stood at INR 2 Lakhs per month for the MBA batch.

V
vidhi sharma
Which NMIMS is better in terms of Placement?
A
Ashish Ramtari

NMIMS Mumbai can be considered as a better place for placements. The highest package offered here was INR 67.80 lacs per year. The average package was INR 26.63 lacs per year. The percentage of PPO was 36%. The major recruiting sectors of NMIMS Mumbai are General Management, Marketing, Finance, Operations and Data Science. 


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