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NMIMS Mumbai MBA : Fees 2025, Course Duration, Dates, Eligibility

Vile Parle West, MumbaiDeemed to be UniversityEstd 1981NAAC Grade A++ 3.6
#5 For MBA By IIRF 2025  
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Collegedunia Team

Content Curator | Updated on - Jul 9, 2025

NMIMS Mumbai Latest Updates and News

01 Aug, 2025 NMAT 2025 Registration has started for MBA Admission 2025. Aspirants can register @mba.com/exams/nmat till Oct 10, 2025. Further, the NMAT Exam 2025 is scheduled from Nov 5 to Dec 19, 2025. To know more, click here. 

Course Description

NMIMS Mumbai MBA is offered as 2 Years Full Time program, with total intake of 600 seats. The minimum eligibility criteria for MBA is Graduation with 50% + NMAT. The total fees for NMIMS Mumbai MBA in 2024 is ₹ 25 Lakhs for the complete course duration, which includes total tuition fees of ₹ 25 Lakhs.

NMIMS Mumbai Hostel Fee for Male is ₹ 1.8 Lakhs to 2.45 Lakhs.

NMIMS Mumbai offers a total of 600 seats for MBA . Admissions are offered based on NMAT. Check NMIMS Mumbai Admission 2025

NMIMS Mumbai NMAT Cutoff 2023 percentile is 96 for the General category. Earlier, the NMAT cutoff percentile 2022 was 86 for the General category.

According to IIRF Rankings 2025 for Management, NMIMS Mumbai ranks 5 out of 122 in India.

NMIMS Mumbai MBA Fees 2025

NMIMS Mumbai MBA Fee has not been released yet. For reference you can check the previous year academic fees in the section below.

NMIMS Mumbai MBA Previous Fees

Fees (2024 - 2025) Year 1 (in INR) Year 2 (in INR)
Tuition Fees ₹1250000 ₹1250000
Yearly Fees ₹1250000 ₹1250000

* Fees is refundable

NMIMS Mumbai MBA Admission 2025

The minimum eligibility for admission to MBA at NMIMS Mumbai is Graduation with 50% + NMAT. Candidates are allotted seats based on NMAT.

You can check NMIMS Mumbai MBA admission dates 2025 in the section below.

NMAT Dates 2025

Events Dates
NMAT 2025 Registration Date Aug 01, 2025 - Oct 10, 2025
NMAT 2025 Exam Date Nov 05, 2025 - Dec 20, 2025

NMIMS Mumbai MBA Cutoff 2025

NMIMS Mumbai MBA Cutoff 2025 has not been released yet. You can check the previous year NMAT cutoff percentile for MBA admissions in the section below.

Categories (2023) Round 1
General 96

NMIMS Mumbai MBA Cutoff 2022

Categories Round 1
General 86

NMIMS Mumbai Ranking 2025

NMIMS Mumbai ranking 2025 has been released. You can check the agency-wise engineering ranking for NMIMS Mumbai in the table below.

Ranking Agency Latest Previous
Collegedunia.com
#5 out of 122 (2025)
Collegedunia.com
#8 out of 275 (2024)
#3rd Mumbai
#10 out of 272 (2023)
#2nd Mumbai
#2 Maharashtra
Collegedunia.com
#10 out of 235 (2024)
#3rd Mumbai
#4 Maharashtra
#5 out of 159 (2020)
Collegedunia.com
#21 out of 125 (2024)
#4th Mumbai
#5 Maharashtra
#21 out of 125 (2023)
#4th Mumbai
#5 Maharashtra
Collegedunia.com
#4 out of 119 (2021)
#4 out of 155 (2020)
Collegedunia.com
#6 out of 50 (2019)
#1st Mumbai
#2 Maharashtra

Also Check:

NMIMS Mumbai News and Latest Updates 2025 NMIMS Mumbai Courses and Fees 2025

Eligibility Criteria

Bachelor's degree in any discipline from a recognized University with a minimum of 50% marks in the aggregate (all the subjects for which the candidate has taken & appeared) plus two-years of industry experience is desirable.

Entrance Exam:NMAT

Course Details

Fee Structure for MBA –

NMIMS MBA Fee Structure

Show More
Master of Business Administration [MBA] 
first year fees:  ₹12,50,000
4.12 Years Full Time
(Based on 2.2K views last year)
178 Students have shown interest in the last 30 days
Year (2024 - 2025)12
Tuition fees₹1250000₹1250000
Yearly Fees₹12.50 Lakhs
₹12.50 Lakhs

NMIMS Mumbai: Students' Opinion

AI-Generated Summary based on 122 Reviews

NMIMS, a prestigious institute in India, offers a Master's program in Finance with a comprehensive admission process, including the NPAT exam and NMAT, followed by a case discussion and interview. The program features highly qualified faculty and an innovative curriculum. Despite high fees, with the full-time MBA program costing around 21 to 24 lakhs, NMIMS provides significant value through excellent placement opportunities. Students experience a 100% placement rate, with top companies like Google and Microsoft recruiting on campus.

The highest salary package recorded is approximately 58 LPA, while the average package ranges between 17 to 22 LPA. Additionally, NMIMS offers lucrative summer internships, with stipends averaging 1.2 lakhs. Although scholarship opportunities are limited, financial aid is accessible through tie-ups with major banks for education loans. The strategic location in Mumbai enhances the institute's ability to attract diverse companies for recruitment, making the investment worthwhile for many students despite the lack of comprehensive scholarship programs.

...Read More
 By Collegedunia’s Personal AI

NMIMS Mumbai Upcoming Important Dates 2025

Important Events

EventsDates
NMAT 2025 Registration Date
Ongoing
Aug 01, 2025 - Oct 10, 2025
NMAT 2025 Scheduling
Ongoing
Aug 01, 2025 - Oct 14, 2025
NMAT 2025 Exam DateNov 05, 2025 - Dec 19, 2025

Important Events

EventsDates
NMAT 2025 Registration Date
Ongoing
Aug 01, 2025 - Oct 10, 2025
NMAT 2025 Scheduling
Ongoing
Aug 01, 2025 - Oct 14, 2025
NMAT 2025 Exam DateNov 05, 2025 - Dec 19, 2025

Do you think the Dates are wrong ?  Report Here

NMIMS Mumbai Master of Business Administration [MBA] Ranking

NMIMS Mumbai MBA ranking by IIRF is 5 out of 122 in India in 2025. NMIMS Mumbai MBA ranking by India Today is 8 out of 275 in India in 2024 and it was ranked 10 out of 272 in India in 2023. NMIMS Mumbai MBA ranking by The Week is 10 out of 235 in India in 2024 and it was ranked 5 out of 159 in India in 2020

IIRF Ranking

#5 out of 122 in Top Private Colleges in India 2025 

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Why To Join NMIMS Mumbai - Reviews & Rating

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Review guru
4.4Helpful
MBA, General
Reviewed on Mar 26, 2025(Enrolled 2023)

NMIMS MUMBAI- MBA

Fees and Financial Aid:

The fees is taken in two tranches yearly. First year fees is prior to admission, once you secure one. Then when the next year approaches, you are asked to pay the final tranch. There is no reservation.
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Review Ninja
2.8Helpful
MBA, General
Reviewed on Dec 18, 2024(Enrolled 2021)

NMIMS, Distance MBA PROGRAM (MARKETING MANAGEMENT)

Fees and Financial Aid:

Total Fee for the course was somewhere around 1,40,000. With multiple payment plans. In One Go, Yearly, and Semester Wise. There were more additional fees for Exam registration that was aprox. 600 for each subject per semester.
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Pratham Nautiyal
2.0Helpful
MBA, General
Reviewed on Nov 19, 2024(Enrolled 2024)

Pratham Nautiyal's Review On Narsee Monjee Institute Of Management Studies - [NMIMS University], Bangalore

Fees and Financial Aid:

The fee for the 2 years is 21,00,000 for the 2 years, this is just the tuition fee. 10,50,000 for one year and the same for the second year. The hostel fees is 2,80,000 for 10 months and they provide breakfast, lunch in campus, snacks in hostel and dinner also in hostel. Also the hostel is 5 kms from the campus.
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Sarthak Gandhi
Sarthak Gandhi
4.0Helpful
MBA, General
Reviewed on Nov 9, 2024(Enrolled 2020)

NMIMS MPSTME College Review

Fees and Financial Aid:

It's basically integrated course of Btech + MBA in which MBA fees is 4.72 lakhs per year and BTech fees was 2.72 lakhs per year.There is no scholarship or any sort of the reservation offered in this college
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Puneet Sharma
3.0Helpful
MBA, General
Reviewed on Sep 4, 2024(Enrolled 2022)

My MBA Experience

Fees and Financial Aid:

There is no fee for registration. The Tution fee for entire MBA programme (in any field) is 120000 INR if you pay the entire amount at once. However, if you choose to pay the fee in semester-wise installments, the cost is 35000 INR per semester, which totals 140000 INR. I opted for the semester wise fee payment. Additionally, there is an examination registration fee of 600 INR per subject.
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Harshit
Harshit
4.0Helpful
MBA, General
Reviewed on Sep 2, 2024(Enrolled 2022)

MBA REVIEW

Fees and Financial Aid:

I paid around 7.5 lakh fess per year I paid fees for 2 yr for this It include tution fees , admission fees, development fees etc Fees of reserved categories student is slightly reduced for their help Good process
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Chirag J Thakkar
Chirag J Thakkar
4.1Helpful
MBA, General
Reviewed on Jul 27, 2024(Enrolled 2022)

NMIMS Mumbai good environment for the students

Fees and Financial Aid:

The fees structure of the collage is 140000 for the complete course in this enrollment and tution fees included also study material provided by the university including the fees, exam fees 600 needs to pay separately per subject by the students.
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Avni Agarwal
3.1Helpful
MBA, General
Reviewed on Apr 26, 2024(Enrolled 2022)

Avni’s true review of nmims

Fees and Financial Aid:

Tuition fees increases every year by 2 to 3 lakhs. The cost of education was around 24 lakhs. Not aware of any scholarships offered. No campus employment given or provided as the campus is located in the outskirts of Hyderabad where most things are inaccessible.
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SAANJH JAIN
SAANJH JAIN
3.9Helpful
MBA, General
Reviewed on Apr 26, 2024(Enrolled 2023)

Why you should join NMIMS Hyderabad

Fees and Financial Aid:

The college has tie up with BOB for education loan. the fees increases every year by roughly 10%. the hostel fees increases as well by the similar amount only. The complete cost is 25, 00,000 for year 23-25.
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Vijay
Vijay
5.0Helpful
MBA, General
Reviewed on Apr 4, 2024(Enrolled 2022)

Awesome

Fees and Financial Aid:

The tuition fees are exactly the same there's no difference and exam fees are separate they don't increase the complete cost is not different it never changed I haven't got any scholarships yes they suggested a lot of employment and stipend is around 15000rs
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Do you think the data is wrong ?  Report Here

NMIMS Mumbai: 27 Answered Questions

Is NMIMS a good college for an MBA?

Akriti Guptalives in Mumbai, Maharashtra, India

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

  • The college is well-known for its state-of-the-art infrastructure. The classrooms have all modern facilities and the library too is well-stocked.
  • Its location gives it leverage in establishing healthy industrial relations.
  • The parity of the faculty cannot be doubted as they deliver excellent lectures.
  • The academics are much more than just bookish language as students are made to solve Case-based studies.
  • The food served in the canteen is quite good.
  • Students get the chance to participate in lots of competitions and earn well, or get PPI.

Cons :

  • NMIMS fees are exorbitantly high. The first-year fee is INR 11.95 Lakhs. You also need to consider the expenses of living in Mumbai.
  • Hostel faculties for only limited students 
  • A few faculties have no interest in teaching. 
  • The placement stats are inflated and thus misleading. 
  • The MBA batch of NMIMS has a huge batch of around 600 students affecting the quality of education.
  • There is a huge gap between the administration and the students. 
  • Easy entrance exam affects the quality of the crowd.

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.

...Read More
0
0

How is NMIMS Mumbai for an MBA?

Ankita SinhaMBA tech Mechanical from SVKM's NMIMS

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. 

...Read More
0
0

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.

...Read More
0
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What is the fee structure for an MBA/PGDM course in NMIMS?

Surbhi MishraMBA from SVKM's NMIMS (2019)

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. 

...Read More
0
0

Which is better: PGDM or MBA from NMIMS?

Deeksha MauryaB.Tech from SVKM's NMIMS (2020)

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.

...Read More
0
0

What is ranking of NMIMS in MBA colleges?

Akriti Guptalives in Mumbai, Maharashtra, India

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.

...Read More
0
0

Is it worth spending 18 lakhs at NMIMS MBA (MUMBAI)?

Girisha PandeyPGDM from NMIMS Hyderabad (2019-2021)

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.

...Read More
0
0

Which college is good for MBA, Nirma University, Symbiosis Pune or Narsee Monjee Mumbai?

Arpit Ranestudied at Nirma University

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.  

...Read More
0
0

What is the total cost incurred in doing your MBA from NMIMS Mumbai?

SnehaLived in Mumbai, Maharashtra, India

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 rental expense was 10k
  • The security deposit was 1 lakh
  • 6-8k per month for electricity bills and grocery shopping
  • An additional 2-3k for hanging out 
  • The average auto fare would be 3k per month
  • The rough average is 20k per month and if you calculate the same for 21 months it amounts to 4.2 Lakh.

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.

...Read More
0
0

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!

...Read More
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0
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NMIMS Mumbai Latest News

NMIMS Opens Application for Various Programs, Check Details Here!

Written ByVarun Shuklaon Mar 27, 2025
NMIMS Opens Application for Various Programs, Check Details Here!

NMIMS B.Sc (Biomedical Science) Admission Open; Apply by June 15

Written ByMonalisa Debon Feb 13, 2025
NMIMS B.Sc (Biomedical Science) Admission Open; Apply by June 15

NMIMS (Deemed To Be University) Releases Placement Report AY 2024, Check Details Here!

Written ByVarun Shuklaon Feb 9, 2025
NMIMS (Deemed To Be University) Releases Placement Report AY 2024, Check Details Here!
View All News

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News
NMIMS Opens Application for Various Programs, Check Details Here!NMIMS Opens Application for Various Programs, Check Details Here!
Mar 27, 2025
NMIMS B.Sc (Biomedical Science) Admission Open; Apply by June 15NMIMS B.Sc (Biomedical Science) Admission Open; Apply by June 15
Feb 13, 2025
NMIMS (Deemed To Be University) Releases Placement Report AY 2024, Check Details Here!NMIMS (Deemed To Be University) Releases Placement Report AY 2024, Check Details Here!
Feb 9, 2025
NMIMS M.Pharm and M.Pharm + MBA Admissions 2025 Open; Apply Before June 8NMIMS M.Pharm and M.Pharm + MBA Admissions 2025 Open; Apply Before June 8
Feb 4, 2025
MHT CET 2024 PCM Question Paper(Available) : Download PCM Question Paper with Answers Key PDFMHT CET 2024 PCM Question Paper(Available) : Download PCM Question Paper with Answers Key PDF
Jan 21, 2025
Department
NMIMS Balwant Sheth School of Architecture - [BSSA]
Mumbai, Maharashtra
NMIMS Balwant Sheth School of Architecture - [BSSA]
SVKM'S NMIMS Institute of Intellectual Property Studies - [IIPS]
Mumbai, Maharashtra
SVKM'S NMIMS Institute of Intellectual Property Studies - [IIPS]
Mukesh Patel School of Technology Management and Engineering - [MPSTME]
Mumbai, Maharashtra
Mukesh Patel School of Technology Management and Engineering - [MPSTME]
Anil Surendra Modi School of Commerce - [ASMSOC]
Mumbai, Maharashtra
Anil Surendra Modi School of Commerce - [ASMSOC]
NMIMS Kirit P. Mehta School of Law - [KPMSOL]
Mumbai, Maharashtra
NMIMS Kirit P. Mehta School of Law - [KPMSOL]
School of Business Management, NMIMS University - [SBM NMIMS]
Navi Mumbai, Maharashtra
School of Business Management, NMIMS University - [SBM NMIMS]
Shobhaben Pratapbhai Patel School of Pharmacy & Technology Management - [SPPSPTM]
Mumbai, Maharashtra
Shobhaben Pratapbhai Patel School of Pharmacy & Technology Management - [SPPSPTM]
Sunandan Divatia School of Science - [SDSOS]
Mumbai, Maharashtra
Sunandan Divatia School of Science - [SDSOS]
Sarla Anil Modi School of Economics - [SAMSOE]
Mumbai, Maharashtra
Sarla Anil Modi School of Economics - [SAMSOE]
NMIMS Jyoti Dalal School of Liberal Arts - [JDSoLA]
Mumbai, Maharashtra
NMIMS Jyoti Dalal School of Liberal Arts - [JDSoLA]
NMIMS School of Design - [NMIMS SOD]
Mumbai, Maharashtra
NMIMS School of Design - [NMIMS SOD]
NMIMS School of Performing Arts - [NMIMS SOPA]
Mumbai, Maharashtra
NMIMS School of Performing Arts - [NMIMS SOPA]
NMIMS School of Branding and Advertising - [SOBA]
Mumbai, Maharashtra
NMIMS School of Branding and Advertising - [SOBA]
NMIMS Centre of Excellence Analytics and Data Science
Mumbai, Maharashtra
NMIMS Centre of Excellence Analytics and Data Science
NMIMS School of Mathematics, Applied Statistics & Analytics - [SoMASA]
Mumbai, Maharashtra
NMIMS School of Mathematics, Applied Statistics & Analytics - [SoMASA]
Pravin Dalal School of Entrepreneurship and Family Business Management
Mumbai, Maharashtra
Pravin Dalal School of Entrepreneurship and Family Business Management
Faculties
Madhavi Gokhale
Professor, Department of Communication
Ritesh Haldankar
Assistant Professor, Department of Communication
Dr. Varun Rijhwani
Assistant Professor, Department of Communication
View All Faculties
Learn More About Courses
MBA
B.Sc Finance
MBA Business Analytics
MCA
BBA
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