NL Dalmia, officially known as N.L. Dalmia Institute of Management Studies and Research, Mumbai, is a private AICTE-approved, NAAC A+ accredited business school established in 1995. It was ranked 143 by Collegedunia and 14th in the Management category by IIRF in 2025. The institute offers PG, doctoral, and certification courses, with PGDM (MBA) as its popular programmes.
The institute offers PGDM in four specializations: Finance, Marketing, Human Resources, and Operations. The total tuition fee is INR 16.5 Lakhs. Eligibility requires a graduation degree with at least 50% marks, and admission is based on CAT/ XAT/ GMAT/ CMAT / MH-CET/ MAT or ATMA scores, followed by a Personal Interview and Aptitude Test.
As per the latest placement data released by the institute, the highest package offered to the students is INR 24 LPA, and the average package was INR 11.71 LPA in 2025. Some of the top recruiters of NL Dalmia Placement are Bloomberg, Colgate Palmolive, Morgan Stanley, CRISIL and Deutsche Bank.
Admissions are ongoing, and eligible candidates can apply online through the official website.
N.L Dalmia ADMISSION 2026
NL Dalmia Important Dates 2026
N.L. Dalmia Institute of Management Studies and Research offers admission to its various programs based on scores in national level entrance examinations. Important dates regarding these examinations and counselling are given below-
NL Dalmia Admission Dates 2026
| Event | Dates |
|---|---|
| Phase 2 Application Deadline | February 28, 2026 |
MBA Admission Dates 2026
| Events | Dates |
|---|---|
| ATMA Registration (Feb Session) | Dec 01, 2025 – Feb 10, 2026 |
| ATMA Admit Card (Feb Session) | Feb 18, 2026 |
| ATMA Exam Date (Feb Session) | Feb 22, 2026 |
| ATMA Result (Feb Session) | Feb 28, 2026 |
| CMAT Result | Feb 13, 2026 |
| MAH MBA CET Registration | Dec 25, 2025 – Feb 25, 2026 |
| MAT Registration (PBT & CBT) | Dec 30, 2025 – Mar 02, 2026 |
| MAT Exam Date (PBT) | Mar 01, 2026 |
| MAT Exam Date (CBT) | Mar 08, 2026 |
NL Dalmia Rankings
The Institute has been ranked by several ranking agencies under various categories. NL Dalmia ranking by several prominent agencies in management cateogry.
| Institutions | Year | Ranking |
|---|---|---|
| Collegedunia | 2025 | 143 |
| IIRF | 2025 | 14 |
| Outlook | 2025 | 23 |
| The Times of India | 2025 | 23 |
NL Dalmia Courses & Fees 2026
Apart from the regular PGDM, NL Dalmia offers Executive PGDM programs for working professionals, as well as doctoral (PhD) programs in management. It also offers a Global MBA, where the first year is completed in India and the second year at a partner university in the USA, Canada, UK, or South Korea. Students can find NL Dalmia Courses & Fees in the table below.
| Programs | Type | Exam Accepted | Total Tuition Fees |
|---|---|---|---|
| PGDM | Full Time (2 Year) | CAT/ XAT/ GMAT/ CMAT/ MH-CET/ MAT/ ATMA | INR 16.5 Lakhs |
| Executive PGDM | Part-time (An 18-month program conducted on weekends) | Graduation Merit + Working professional with a minimum of 1 year full-time experience | INR 2.1 Lakhs |
| GMBA | Full Time(2 Year) | CAT/ XAT/ GMAT/ CMAT/ MH-CET/ MAT/ ATMA/ NL Dalmia Entrance Test | NA |
| PHD | 3 year to 6 Year | Master’s Degree or equivalent in relevant discipline with at least 55% marks (50% for SC/ST) + PET/ UGC Net or JRF | NA |
| See what Gurvinder Singh from PGDM, Finance(2023) has to say about Courses & Fees at NL Dalmia:“The curriculum is updated as per industry trends which are highly relevant. The program effectively bridges the gab between the theory and industry practices through workshops, guest lectures and live projects. The exams are challenging but manageable with consistent effort.Yearly Fees 735000/- per year. Second year fees is also 735000/-. Scholarships are give to meritorious students. All students have the same fee structure apart from the scholarship provided. However this ever the scholarships are given to merit and need.”Read More |
The video provides a detailed review of NL Dalmia.
NL Dalmia Admission 2026
NL Dalmia offers admission to its various programs based on national level entrance examinations. The institute accepts CAT/ XAT/ GMAT/ CMAT/ MH-CET/ MAT/ ATMA score, for admission to its PGDM(MBA) programs, followed by a personal interview. NL Dalmia Admission to various programs are as follows-
Registration Fees
| Course | Application Fee |
|---|---|
| PGDM (General / Finance / Business Analytics) | INR 2,000 (extra INR 1,000 for each additional specialisation in General) |
| Global MBA / Executive PGDM | INR 2,000 |
| PhD in Management | INR 1,000 |
PGDM Admission:
- Check eligibility: Graduation with minimum 50% marks (45% for SC/ST); final-year students with no backlogs are eligible.
- Appear for a valid entrance exam: CAT/ XAT / GMAT / CMAT / MH-CET / MAT or ATMA.
- Fill out and submit the online application form on the official NL Dalmia website.
- Shortlisted candidates complete a Video Introduction and attend the Personal Interview.
- If selected, submit the graduation pass certificate and pay the admission fees to confirm the seat.
Global/Executive MBA (GMBA) Admission:
- Check eligibility: Graduation degree; final-year students are eligible.
- Appear for a valid entrance exam: CAT/ XAT/ GMAT/ CMAT/ MH-CET/ MAT/ ATMA/ NL Dalmia Entrance Test.
- Fill out and submit the online application form on the official NL Dalmia website.
- Shortlisted candidates attend the Personal Interview.
- If selected, submit required documents and pay the admission fees to confirm the seat.
Doctoral (PhD) Admission:
- Check eligibility: Qualify PET (University of Mumbai) or UGC NET/JRF.
- Fill out and submit the online application form on the official NL Dalmia website.
- Shortlisted candidates attend the Personal Interview.
- If selected, submit required documents and pay the admission fees to confirm the seat..
NL Dalmia Application Fees 2026
Application Fees 2026 for candidates applying at NL Dalmia are given below:
| Through XAT | Through GMAT | Through MH-CET | Through CAT |
|---|---|---|---|
| XAT Registration Fee is INR 2.2K. | For the Indian candidate:Applying for PGDM via GMAT need to pay INR 2.5K For NRI, Foreign national, PIO& OCI Candidates: Applying for one or more programs through GMAT needs to pay INR 5K. |
MH-CET Registration Fee is for unreserved category INR 800 and for reserved category INR 600. | CAT Registration Fee is for unreserved category INR 2.6K and for reserved category INR 1.3K. |
| See what Sakshi from PGDM, General(2023) has to say about Admission at NL Dalmia: “The admission process was very smooth. My cat score 75 and cmat score was 85. The process started with Gd with a pannel of 4 panelists and the rounds very rapid . The next round was pi it was chill no grilling”Read More |
NL Dalmia Placement
As per the latest placement report of NL Dalmia, the highest package secured is INR 24 LPA. Some of the top recruiters who visited the placement drive are Bloomberg, Morgan Stanley, HUL, Colgate Palmolive, Deutsche Bank and others. The table below shows the latest NL Dalmia Placement report:
| Particulars | Placement Statistics 2025 |
|---|---|
| Highest Package | INR 24 LPA |
| Average Package | INR 11.17 LPA |
| Top Recruiters | Bloomberg, Morgan Stanley, HUL, Colgate Palmolive, CRISIL, Deutsche Bank, JSW Steel |
NL Dalmia vs IBS Mumbai vs Welingkar
NL Dalmia is often compared with similar institutes such as IBS Mumbai and Welingkar Mumbai. Below is a detailed comparison of these colleges.
| Criteria | NL Dalmia | IBS Mumbai | Welingkar Mumbai |
|---|---|---|---|
| Established Year | 1995 | 1995 | 1977 |
| Institute Type | Private Business School | Private Business School | Private Business School |
| Flagship Programme | PGDM | PGDM | PGDM |
| PGDM Selection Criteria | XAT/CMAT/MH-CET/MAT/ATMA | IBSAT/CAT/NMAT/XAT/GMAT | XAT/CMAT/MH-CET/MAT/ATMA |
| Fees(PGDM) | INR 16.5 Lakhs | INR 9.09 Lakhs | INR 14.4 Lakhs |
| Highest Package | INR 24 LPA | INR 20 LPA | INR 40 LPA |
| Top Recruiters | Bloomberg, Aditya Birla, Capital, Arcesium, Deutsche Bank | HDFC Bank, ICICI Bank, Mygate, TCS | Accenture, Morgan Stanley, Reliance Retail, EY |
| Read More | NL Dalmia | IBS Mumbai | Welingkar Mumbai |
NL Dalmia Scholarship
NL Dalmia Institute of Management Studies and Research offers merit-based scholarships for PGDM 2026–28 to reward high-performing candidates in national management entrance exams. Scholarships are primarily based on CAT 2025 / XAT 2026, and GMAT (taken after July 2024) scores.
In addition, the institute also extends separate scholarship slabs for CMAT 2026 and MH-CET 2026 applicants, ensuring wider access to financial support for deserving students across different exam categories.
CAT 2025 / XAT 2026 / GMAT
| Category (Percentile) | Scholarship Amount |
|---|---|
| Above 90 Percentile | INR 6.5 LPA |
| Above 85 to 89.99 Percentile | INR 4.06 LPA |
| Above 80 to 84.99 Percentile | INR 3.25 LPA |
For detailed scholarship report - NL DALMIA SCHOLARSHIP 2026
NL Dalmia Notable Alumni
The table below shows NL Dalmia Institute of Management Studies & Research Notable Alumni.
| Name | Current Position / Company | Batch |
|---|---|---|
| Ms Sharon Picardo | Senior Vice President – L&K Saatchi & Saatchi | 1999–2001 |
| Ms Suruchi Lath | Senior Consultant – Capgemini | 2008–2010 |
| Mr Swapnil Salvi | Manager – Deloitte India | 2007–2009 |
| Mr Rupesh Sankhe | VP, Institutional Equity Research | Not Mentioned |
| Ms Pooja Dedhia | Director – PwC Pvt Ltd | 2006–2008 |
| Mr Ankit Kabra | Vice President – Kotak Securities | 2004–2006 |
| Mr Kunal Valia | Director – Credit Suisse | 1999–2001 |
| Ms Nivedita Parulkar | Brand Manager – Asian Paints | 2008–2010 |
NL Dalmia Campus Life
NL Dalmia Institute of Management Studies & Research is situated on an acre of land. It offers facilities like Computer Labs, Sports, Gym, Medical, Cafeteria, Library, Auditorium, Hostel, and Laboratory to the students. The following are the details of some of the facilities offered to the students across all departments:
- Classrooms equipped with smart boards, LED projectors, Wi-Fi, and audio systems.
- South Asia’s largest 24-terminal Bloomberg Lab.
- Air-conditioned auditorium with 318 seats and a seminar hall with 250 seats and live-streaming facilities.
- ICT labs with 64 terminals, software including SAS, SPSS, Tableau, and R.
- Management Development Centre for guest lectures, seminars, and workshops.
- Library with 75,044 books, journals, and study materials.
- Hostel accommodation for male and female students with single and double occupancy in Regular, Premium, and Super Premium catego,ries.
- NL Dalmia Cricket Academy with indoor nets, bowling machines, Pitch Vision technology, and modern equipment.
For hostel details refer N.L Dalmia Hostel

Infrastructure

Reception Area

Calss Room
NL Dalmia FAQs
Ques. Is NL Dalmia worth it for a specialization like Finance?
Ans. Opinions among aspirants differ: some believe Finance is a reasonable choice compared with other options if you’re not repeating another exam year, but placement outcomes may not always justify the high fees, especially for freshers. Many suggest supplementing the degree with certifications (like CFA/others) to boost career prospects.
Ques. What do alumni say about ROI versus fees?
Ans. Several discussions point out that the fees are relatively high for the actual placement outcomes seen by peers without prior work experience, leading to debates about return on investment. ROI can improve with strong performance, internships, or additional certifications.
Ques. How do students perceive the faculty and learning environment?
Ans. Reviews indicate that faculty are generally experienced and helpful, and the curriculum includes industry‑relevant content and practical projects. However, some Reddit users have suggested that faculty quality has varied over time and that not all teaching is uniformly strong.
Ques. How do students compare NL Dalmia with other B‑schools?
Ans. In peer discussions, some students consider NL Dalmia a fallback option if higher‑ranked colleges don’t work out, especially given the current MBA job market; others feel it’s reasonable for finance specialization but advise weighing options like Welingkar or SIES based on personal priorities.

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Comments
Found 8 Comments
The NL Dalmia PGDM Fee Structure is given below:
This is the fee structure of 2022-24 batch. However, new fee structure has not yet been released.
The institute offers admission to the full-time PGDM course under different specializations. Any graduation degree holder can apply for admission to the course. Minimum 50% marks should be secured in the qualifying examination. The selection will be based on the marks secured in either State level or National level CET along with the performance in the Personal Interview and Group Discussion. Candidates seeking admission to the N. L. Dalmia, Mumbai can fill out the applications online on the official website. The application form fee is INR 2,000/- (Rupees Two Thousand Only) for any one specialization. For every additional specialization, INR 1,000 extra. The application form fee is non-refundable.
NL Dalmia Institute of Management Studies & Research or also known as NLDIMSR is situated in Mumbai, Maharashtra. The institute is popular for its placement records. The institute has concluded its placement drive for the batch 2023. 300+ Recruiters participated which included 46 new recruiters. In the 2023 NLDIMSR placements, the Highest CTC stood at INR 25.5 LPA. Welingkar Mumbai Placements 2024 interim report is already released. According to the report, Welingkar Mumbai highest package stood increased by about 57% at INR 40 LPA (bagged by PGDM Research & Business Analytics batch) whereas Welingkar Mumbai domestic average package stood at INR 12.88 LPA. The international average package stood at INR 20.53 LPA. Recruiters like Accenture, Amazon, Barclays, Deloitte USI, EY etc participated in the 2024 placement drive.
The admission process differs from course to course offered in the NLDIMSR. You can check here the course wise admission process.
The ATMA cut-off varies for various zones and Universities of India. However, the highest cut-off noted was between 85-90 %ile for Wesi-India. Thus, the 2023 cut-off for ATMA can be expected the same. You can however check out the expected cut-off at ATMA-2023 cut-off.
The ATMA cutoff differs as per region and states. You can check the expected cutoff and cutoff for previous years from the official site of ATMA.
N.L Dalmia Institute of Management and Research hostel and mess fee is not mentioned by the institute. You can visit the official website for more information. Or else, you can directly contact the admission department on this number and check for the hostel facility and fees in the college: 022-42990033.
In the placement drive of 2022, the average CTC recorded by the NL Dalmia Institute of Management Studies & Research is Rs 8.51 LPA. Apart from that, the top recruiters who visited the campus were Abbott, ACG, ICICI Bank, Native, TATA Motors, and more.
For more information, refer to this link: NL Dalmia Placements 2022 Report