What should I choose, a BSc EMS from Mount Carmel, Bangalore or a B.Sc in economics from NMIMS, Mumbai?

Your job ambitions and personal interests determine whether you should study EMS at Mount Carmel Bangalore or Economics at NMIMS Mumbai. BSc EMS programme emphasises environmental management, sustainability, and conservation. This programme teaches students how to manage and reduce human impacts on the environment. A BSc in Economics studies the economy, including production, distribution, and consumption of products and services. This programme gives students a solid economics foundation and analytical abilities they can use in finance, business, government, and academia. BSc EMS from Mount Carmel Bangalore may be excellent for environmental careers. A BSc in Economics from NMIMS Mumbai may be preferable for economics, finance, or business careers.

How is B.Sc Economics at NMIMS Mumbai?

The B.Sc Economics course offered by the Sarla Anil Modi School of Economics of the NMIMS Mumbai is great and will be a wonderful experience if you factor out the cost of the course. Academics: The course is well balanced and the pedagogy not only includes core subjects but also from fields such as psychology, sociology, political science, IT, etc. The institute also hosts many guest lectures and seminars which offer a better understanding of the real world. The demerit of the course is that it is too focused and requires a lot of attention. Attendance is taken seriously. Fees: The yearly fee for the batch of 2017-20 was INR 2.5 lakhs. The university provides very limited accommodation options, so you need to live for yourself in Mumbai. Depending on your lifestyle and accommodation you will need another INR 3.5 lakhs to INR 7 lakhs per annum towards living expenses. So even if you take the lower amount, you will need close to INR 18 lakhs to INR 20 lakhs for the whole 3 years of the undergraduate program. Placements: Here are the placement stats released by the department for the batch of 2016-19. Total number of students – 87 Number of students opting for placements – 18 Percentage of students placed who opted for placements – 77% Highest salary – INR 11.60 lakhs per annum Average salary – INR 4.60 lakhs per annum Some recruiters – PwC, KPMG, Nomura, Kotak Mahindra Bank, Mu Sigma, JP Morgan India Services, IDBI Federal Life, etc. The experience is really good, but choose the institute only if you are willing to pay the huge fees for your undergraduate.

Which is better BSc Economics from NMIMS or BMS from St. Xavier’s?

Both NMIMS and St. Xavier’s are highly reputed institutes in Mumbai and ranked amongst the top 10. NMIMS is ranked 22nd by NIRF in the MBA category while St.Xavier’s is ranked 4th by The Week for Arts. NMIMS has international collaborations with University of Florida, TelAviv University and King's College London amongst many others. Both these institutes have highly qualified faculty who strive to curate global leaders. Admission Process NMIMS Admissions to BSc Economics at NMIMS is conducted through NMIMS NPAT. NPAT can be given within 5 windows and the best of three are used to shortlist the candidates. 30% of seats in each program are reserved for girls. St. Xavier’s At St.Xavier’s, students are given admission for BMS based on a 60% weightage to Entrance Test and 40% weightage of Class XII aggregate marks. Intermediate graduate or possess a diploma in any English branch with a 2/3/4-year duration after passing the SSC exam. The intake is 60 students per batch. Out of these, 50% seats are reserved for Christian Minority. Fee Structure The fees for Bsc Economics at NMIMS is 1.26 lacs per year. The total fee at St. Xavier’s is 1.12 lacs per year. Placements NMIMS After BSc Economics at NMIMS, a student can pursue PG in economics/management, a career in finance/industry/banks, market research institutions as market analysts. The key placement highlights are: There is an average of 77% placement for this course. The highest CTC offered was 11.6 LPA The average CTC offered was 4.6 LPA 20+ summer internship offers The chief recruiters were Verity Knowledge Solutions, Tres Vista, JP Morgan India Services, Education International, Nomura St. Xavier’s After BMS, a student can get into administration & operations, project management (executive level), enterprise management, human resource management & development, data management & system analysis, sales & marketing, and financial management. The notable features about placement statistics are: The median salary is 4 LPA. Average placement rate over 50% The top recruiters are Accenture, Axis Bank, Crisil, Mahindra & Mahindra, and SAP. BMS and BSc Economics are entirely different fields to compare. Selecting a course and a college depends much on the present industry developments apart from personal interest. It is upto the individual to analyse and come to a conclusion after considering the stats.

NMIMS Mumbai B.Sc Economics: Fees 2026, Course Duration, Dates, Eligibility

Course Highlights	Details
duration	4 Years (Full Time)
course level	UG (Degree)
mode of study	On Campus
total fees	₹ 14.8 Lakhs
eligibility	10+2 with 50%+NPAT

Fee Type	Total Amount (INR)
tuition fee	₹14.8 Lakhs
total academic fee	₹14.8 Lakhs
hostel fee	₹10.4 Lakhs
total fee	₹25.2 Lakhs

Events	Dates
Date of Online Registration for NPAT Phase 1 Admission 2026-27 [B.Sc]	Jan 28, 2026 - Mar 22, 2026 Ongoing
Computer Based Exam Scheduling for NPAT Phase 1 Admission 2026-27 [B.Sc]	Feb 09, 2026 - Mar 30, 2026 Ongoing
Online Computer Based Examination for NPAT Phase 1 Admission 2026-27 [B.Sc]	Feb 10, 2026 - Mar 31, 2026 Ongoing
Counselling Call Letter and Merit List Declaration for NPAT Phase 1 Admission 2026-27 [B.Sc]	Apr 14, 2026
Merit List Declaration for NPAT Phase 1 Admission 2026-27 [B.Sc]	Apr 16, 2026
Counselling and Admission Process for NPAT Phase 1 Admission 2026-27 [B.Sc]	Apr 27, 2026 - Apr 30, 2026
Admission Timeline [B.Sc]	Jan 28, 2026 - May 26, 2026 Ongoing
Date of Online Registration for NPAT Phase 2 Admission 2026-27 [B.Sc]	Mar 23, 2026 - May 26, 2026 Upcoming
NPAT Application Process	Jan 28, 2026 - May 26, 2026 Ongoing
Computer Based Exam Scheduling for NPAT Phase 2 Admission 2026-27 [B.Sc]	Mar 23, 2026 - May 29, 2026 Upcoming

Events	Dates
Date of Online Registration for NPAT Phase 1 Admission 2026-27 [B.Sc]	Jan 28, 2026 - Mar 22, 2026 Ongoing
Computer Based Exam Scheduling for NPAT Phase 1 Admission 2026-27 [B.Sc]	Feb 09, 2026 - Mar 30, 2026 Ongoing
Online Computer Based Examination for NPAT Phase 1 Admission 2026-27 [B.Sc]	Feb 10, 2026 - Mar 31, 2026 Ongoing
Counselling Call Letter and Merit List Declaration for NPAT Phase 1 Admission 2026-27 [B.Sc]	Apr 14, 2026
Merit List Declaration for NPAT Phase 1 Admission 2026-27 [B.Sc]	Apr 16, 2026
Counselling and Admission Process for NPAT Phase 1 Admission 2026-27 [B.Sc]	Apr 27, 2026 - Apr 30, 2026
Date of Online Registration for NPAT Phase 2 Admission 2026-27 [B.Sc]	Mar 23, 2026 - May 26, 2026 Upcoming
Admission Timeline [B.Sc]	Jan 28, 2026 - May 26, 2026 Ongoing
Computer Based Exam Scheduling for NPAT Phase 2 Admission 2026-27 [B.Sc]	Mar 23, 2026 - May 29, 2026 Upcoming
Online Computer Based Examination for NPAT Phase 2 Admission 2026-27 [B.Sc]	Apr 01, 2026 - Jun 01, 2026

Events	Dates
NPAT Application Process	Jan 28, 2026 - May 26, 2026 Ongoing
NPAT Exam Date	Feb 10, 2026 - Jun 01, 2026 Ongoing

The college's entrance test, NPAT, is required for all undergraduate programs. Applicants must complete formalities such as document submission and fee payment after the exam. The annual tuition fee is 275,000, with total costs, including hostel fees, reaching 600,000, which may be challenging for middle-class families. The faculty, all PhD holders, are supportive and make the demanding curriculum engaging. With a student-to-faculty ratio of 15:1, students receive personalized attention. The college provides substantial placement and internship opportunities through its Internship, Placement, and Entrepreneurship Cell.

In 2019, the average placement package was 5.3 lakh per annum, with the highest at 12 lakh. Recruiters include companies like KPMG, JP Morgan Indian Services, and Kotak Mahindra Bank. Although the Entrepreneurship cell is newly established, the placement cell shows continuous improvement. The college mandates one-month summer internships and benefits from a strong alumni network. While not all students secure top placements, opportunities are considered good for undergraduates. The college does not offer scholarships, but students can easily obtain bank loans, especially for recognized courses, taking advantage of the Narseemoonji Institute of Management Science's reputation.

Refunds for fees are available until the end of September. Course fees vary with research completion: 14.8 lakhs with research and 11.1 lakhs without.

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Why To Join NMIMS Mumbai - Reviews & Rating

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4(31%)

3(4%)

2(15%)

1(8%)

Academic

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Faculty

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Vedant B

4.5Helpful

B.Sc, Economics

Reviewed on Oct 20, 2024(Enrolled 2024)

NMIMS Bsc Economic’s first year student’s views on its course structure, fees, admission process, college life etc

Student Snaps:

Fees and Financial Aid:

The fee structure includes a total yearly payment of 3.7 lakhs! Emi options are also available and fees are subject to refundablity upto september end. Conplete course fees depends on the fact that you complete research or not. With research it goes upto 14.8 lakhs and without it, it goes upto 11.1 lakhs.

Anonymous

3.7

Reviewed on Dec 5, 2022(Enrolled 2022)

Survival of the fittest

The fee is currently 3.25 lakhs per annum which is on the higher end if we take India's undergraduate programme fees. The fee increases by 15% every year. There are no scholarships or financial assistance. However, campus placements are good.

Vedika Vyas

3.9

Reviewed on Jun 29, 2021(Enrolled 2014)

SAMSOE - Review

The fees remained consistent over the three years. Scholarships and financial assistance were not offered Placements were offered and companies like E&Y, MuSigma participated. Since I did not opt for college placements, I am not aware of information related to stipend.

Pranshu Agarwal

Reviewed on Oct 29, 2020

Pranshu Agarwal's Review On Sarla Anil Modi School Of Economics - [SAMSOE], Mumbai

Course Curriculum Overview:

The course is quite updated with the modern industrial requirements and it urges us to think out of the box but tbh the course is hectic and tiring. Faculties are amazing. Specially sneha kotian maam for math is literally amazing. You are fortunate enough if you get her.

Vinayak Arun Sahi

3.3Helpful

Reviewed on Oct 21, 2020

Vinayak Arun Sahi's Review On Narsee Monjee Institute Of Management Studies - [NMIMS Deemed To Be University], Mumbai

The course and syllabus are all encompassing with subjects from various other disciplines which one wouldn't normally find in an Economics Course. The teachers are mostly good though some of the teachers are new and inexperienced.

Reviewed on Aug 13, 2020

Anonymous's Review On Narsee Monjee Institute Of Management Studies - [NMIMS Deemed To Be University], Mumbai

The course is intense and well rounded. It focuses on core economics as well as allows us to explore other subjects which tend to have an effect on economics. The course has been well designed in order to keep it relevant in modern times.

4.4

Reviewed on Aug 11, 2020

The course is really well structured comprising of different topics in different modules which provide a holistic learning experience to the students. Also the faculty is really friendly and they are willing to help a student out When needed. Moreover the institution also provides a lot of opportunities for the students to go abroad and study,they have tied up with the highest ranked universities abroad. They provide great internship opportunities as well to the students

Reviewed on Jun 12, 2020

Amita Vaidya is our director, who understands us and teaches us during the seminars. We have Nahid Fatema, Kiran Limaye, Sneha L. Thayyil, Suranjana Joarder, Sneha Kotian, etc as some of the best professors.

The course and curriculum is very simple and easy. We have 8 subjects including each semester. The subjects change as per each semester. Since I have chosen economics as a subject. I have all my 8 subjects related to economics.

We have subjects like Risk Management, International Finance, Corporate Finance, Capital Market etc. in our Finance curriculum which are the subjects people usually do courses in and at our college we can learn them as a part of our curriculum.

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