Updated on 31st January 2026 |12:38 pm | #NMIMSMumbai
Narsee Monjee Institute of Management Studies, also known as NMIMS Mumbai, established in 1981, is a prestigious Indian business school famous for its rigorous programs, industry exposure, and exceptional placement rates. This institute provides a variety of MBA specializations, including operations management, finance, marketing, and business analytics.
The admission procedure at NMIMS Mumbai is highly competitive as it integrates the most valuable components of the program; hence, with time, it has consistently been the institution from which the term has been used among recruiters across industries. Most NMIMS Mumbai graduates receive an average starting salary ranging from around 18 LPA to 25+ LPA, depending on the specialization and market conditions.
The NMIMS Mumbai fees for the MBA program are approximately 25-27 lakhs for the two-year course, excluding hostel and other charges.
Read the article in depth to know more about NMIMS Mumbai, NMIMS Mumbai Average Package, NMIMS Mumbai Fees, NMIMS Mumbai Cutoff, and NMIMS Mumbai Placements for 2026.
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai, is one of India's leading private universities and business schools. Established in 1981, it initially commenced as a management institute and has now evolved into a multidisciplinary university offering undergraduate, postgraduate, and doctoral programs across various disciplines.
NMIMS University is accredited with an A+ grade by the National Assessment and Accreditation Council (NAAC) and is recognised by the University Grants Commission (UGC).
There are numerous courses available at NMIMS Mumbai, catering to the needs of a diverse group of students across India and even outside India. It is one of the top leading B-schools in India that has managed to gain a reputation in the management education ecosystem.
Here are some of the programs that NMIMS offers for postgraduate students for your reference:
At the postgraduate level, NMIMS Mumbai offers multiple specialized MBA programs, allowing aspirants to choose courses based on their interests, career goals, and NMAT cutoff requirements.
Candidates should be aware of the eligibility criteria of NMIMS Mumbai to have a better understanding of their eligibility and to plan their preparation accordingly. Below is the eligibility criteria for various MBA programs at NMIMS Mumbai:
|
Program Name |
NMIMS Eligibility Criteria |
|
MBA (Master of Business Administration) |
Graduation with at least 50% in any discipline from a recognized university + NMAT |
|
MBA - HR |
Graduation with a minimum of 50% in any discipline from a recognized university + NMAT |
|
MBA - Business Analytics |
Graduation in Engineering/Mathematics/Statistics/Commerce/Economics with at least 55% aggregate + NMAT |
|
MBA - Digital Transformation |
Graduation in Engineering/MCA/B.Sc. (IT)/B.Sc. (Computer Science/Electronics/Physics/Maths)/ Any Graduate Degree in Mathematics with a minimum of 55% aggregate + NMAT |
|
MBA - Pharmaceutical Management |
Bachelor's/Master’s Degree in Pharmacy, Life Sciences, Medical Technology & Biotechnology, MBBS, BDS, BHMS, BAMS, Food Nutrition and Dietetics, Pharmaceutical Chemistry and Technology, Pharmaceutical and Fine Chemicals Technology, Microbiology, Biochemistry, Bioengineering, B.Tech. Bio-Tech./BioMedical or B.E. Bio-Tech./Bio-Medical with at least 50% aggregate + NMAT |
NMIMS Mumbai is one of the most reputed management B-schools in India. Aspirants seeking admission to NMIMS Mumbai must appear for the NMAT by GMAC exam to secure their admission. A valid NMAT score is mandatory for shortlisting candidates for the next stages of the selection process.
Here is a comprehensive overview of the NMIMS Mumbai MBA selection process:
In the initial phase of NMIMS Selection, the candidates are required to take the NMAT by GMAC examination in order to get through NMIMS Mumbai.
In this stage, candidates are shortlisted based on the NMAT cutoff released by NMIMS Mumbai. Only candidates meeting the sectional and overall cutoff criteria are invited to the next round of the selection process.
Candidates shortlisted in the previous phase are required to appear for the Competency Assessment and Personal Interview (PI).
The final selection is based on multiple parameters including NMAT score, Competency Assessment, Personal Interview, academic performance, and work experience.
In the final stage, candidates who successfully clear all stages of the selection process are offered admission to the MBA program at NMIMS Mumbai through an official offer letter.
Students seeking MBA admission at NMIMS Mumbai can follow the step-by-step guide given below:
To apply for the MBA programme at NMIMS, students must visit the official website of NMAT and register online for NMAT through GMAC. After this, the students must register at the official website of NMIMS by entering the NMAT registration code. With the completion of the online application, candidates are required to pay an application fee of 2,900 (non-refundable).
The NMIMS Mumbai MBA program is a premium management course with competitive fees depending on specialization and campus. The fee structure for the academic year 2025-2026 (latest available data) is as follows:
|
Program |
Fees (Per Annum) |
|
MBA (Core) |
13,50,000 |
|
MBA - Human Resources (HR) |
12,75,000 |
|
MBA - Pharmaceutical Management |
9,00,000 |
|
MBA - Business Analytics |
11,50,000 |
|
MBA - Digital Transformation |
11,50,000 |
|
MBA - Bangalore / Hyderabad / Navi Mumbai |
11,00,000 |
|
MBA - Indore |
9,50,000 |
The final selection at NMIMS Mumbai is based on multiple components, including NMAT score, Competency Test, Personal Interview, and work experience. The indicative weightage for the selection process is given below:
|
Sr. No. |
Components |
Weightage |
|
1 |
NMAT by GMAC |
10% |
|
2 |
Competency Test |
60% |
|
3 |
Personal Interview |
15% |
|
4 |
Work Experience |
15% |
|
Total |
100% |
Note: The above weightage is indicative and based on recent admission trends. The actual weightage may vary each year as per NMIMS Mumbai’s official admission policy.
The total batch size of the PGDM programs is 600 students. Below is an overview of the gender ratio, education, and work experience of the batch.
As seen below, this pie chart shows the gender diversity for the specialization in MBA & HR at NMIMS Mumbai.


Below presented in the pie chart, is the work experience distribution in MBA Core & HR. It clearly signifies that NMIMS Mumbai is open to all diversity and inclusion, considering the work experience chart presented below.


Below presented is the educational background for MBA Core & HR an aspirant would find if they choose to go to NMIMS Mumbai. The reference is attached in a pie chart, which is as follows:


Candidates heading to NMIMS Mumbai and all NMAT 2025 aspirants aiming to secure admission to NMIMS should be aware of the placement statistics from the past few years, as this is one of the major selection criteria for any entrance exam.
Here is a snippet from the placement report released by NMIMS Mumbai for the years 2023 and 2024, allowing you to compare both and make an informed decision for your future.
|
NMIMS Mumbai Placement Statistics (2023-24) |
||
|
Placement Metric |
MBA Core |
MBA HR |
|
Total Recruiters |
168 |
46 |
|
New Recruiters |
72 |
21 |
|
Fortune 500 Recruiters |
72 |
23 |
|
Pre-Placement Offers (PPOs) |
37% |
27% |
|
Highest CTC (Domestic) |
67.70 LPA |
- |
|
Average CTC (Top 10%) |
25.02 LPA |
24.67 LPA |
|
Average CTC (Top 40%) |
22.00 LPA |
21.50 LPA |
|
Major Sectors Placed |
BFSI, Consulting, FMCG, IT & Analytics, E-Commerce |
BFSI, IT, FMCG, Consulting |
This year, the major chunk of placements were secured in the General Management domain, offering the highest package during the NMIMS Mumbai MBA Placements in 2024. This analysis can be beneficial for individuals who are struggling to decide on a specific field and wish to explore their options.
By reviewing the statistics below, you can determine which field offers them better scope and growth opportunities.
|
Domain-Wise MBA Placements (2023-24) |
||
|
Domain |
MBA Core (CTC in LPA) |
MBA HR (CTC in LPA) |
|
Finance |
31.20 |
- |
|
Marketing |
67.70 |
- |
|
Operations & Data Science |
31.38 |
- |
|
General Management |
61.39 |
- |
|
Consulting |
40.60 |
34.40 |
|
IT & Analytics |
37.10 |
- |
|
FMCG/FMCD & Retail |
34.40 |
32.10 |
|
Conglomerate/Manufacturing |
32.10 |
- |
|
BFSI |
22.95 |
24.67 |
This sector-wise analysis will be beneficial for all newcomers as it will give them a fair idea of which sector is the best to work in and where they might find better opportunities for their career growth and development. Aspirants can make informed decisions about their career paths by understanding the trends and statistics across different sectors.
The below table represents the sector-wise statistics of NMIMS Mumbai MBA Placements 2023-2024:
|
Sector-Wise MBA Placements (2023-24) |
|
|
Sector |
Percentage of Placements |
|
Consulting |
19% |
|
BFSI |
29% |
|
FMCG/FMCD & Retail |
15% |
|
IT & Analytics |
14% |
|
Conglomerate/Manufacturing |
12% |
|
Startups, Logistics & E-Commerce |
11% |
Candidates must have a bachelor's degree with at least 50% marks from a recognized university and a valid NMAT score to apply for the MBA program at NMIMS Mumbai.
The total fee for the NMIMS Mumbai MBA program is approximately 25-27 lakhs for the two-year course, depending on the specialization.
The selection process includes NMAT score, Competency Test, Personal Interview, academic performance, and work experience.
The average package at NMIMS Mumbai is around 25 LPA for MBA Core and about 18-19 LPA for MBA HR.