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

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.

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. 

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.