Does NMIMS Mumbai have a hostel?

NMIMS Mumbai hostel facilities include two full-fledged hostels & three rented residential accommodation.

What are the facilities provided in NMIMS Mumbai hostels?

The facilities provided by NMIMS Mumbai hostels are as follows:Excellent housing facilitiesFully equipped hostel infrastructureGym & Sports facilitiesAffordable food in hostel mess

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NMIMS Mumbai Courses & Fees 2025

Q: What is the fee structure for an MBA/PGDM course in NMIMS?

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.

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

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.

Q: What is the value for part time PGDM in NMIMS Mumbai?

Most part-time courses carry no real value other than adding the post-graduate tag. They have no worth in the corporate world irrespective of whichever reputed college you have chosen. NMIMS is one of the top reputed B Schools in India and has a big brand name. The faculty is extremely talented and experienced The placement scenario is pretty good except that part-time courses have no fixed statistics. The fees are relatively high when compared to other B Schools of the same league The curriculum is very rigorous and requires constant attendance and involvement. Being a part-time PGDM, you are probably a working professional and it becomes very difficult to balance work with studies. The curriculum required you to submit assignments and give frequent exams. This might be difficult for working people. Unfortunately there is quite a level of distinction between full-time PGDM students and part-time PGDM students as the former get the most attention from teachers. The curriculum is rushed in order to get completed within 21 months imparting no real learning I know a friend who chose NMIMS Executive MBA and paid hefty fees just for the brand name instead of doing the same course at a less popular B School. She regretted her decision and claimed the program to be a total waste of money and time. She said she could have done the same from another B School at half the cost. So part-time MBA itself is not that worthless, but paying a hefty sum merely for the brand name and postgraduate tag is illogical. You can do the same program at a much lesser cost than other B Schools.

Q: How do the new HR programs of IIM Ranchi, NMIMS, and XIMB measure up to the established ones of XLRI, TISS, MDI and SCMHRD?

The simple answer to your question is no, the new HR programs of IIM Ranchi, NMIMS, or XIMB are not at par with the established ones XLRI, TISS, MDI, and SCMHRD. The established programs especially that of XLRI are the epitome of HR programs. They cannot be compared to the new ones at any given level or parameter. Faculty: The professors of XLRI are renowned throughout the industry for their competency. They specialize in almost every domain one can think of be it Law, Competency Modeling, Compensation, or Performance Management. Peers: It’s the cream students who get the opportunity to get into a prestigious college like XLRI. You can see tough competition between the finest students at college. Every individual has a valuable opinion and stands to contradict others. Their thinking pattern is broad and given a case study, they look at all angles from accounting to finance to laws while proposing the solution. The situation at TISS is also quite similar. Now one can say that the curriculum can be replicated and learned faculty can be sought to match the quality of the HR program at these institutes. But the truth is faculty and curriculum are the main but not the only factors that determine an institute's worth. Its own culture, ethics, and background have a lot to do with the programs it offers. So one cannot match XLRIs programs no matter how much they try.

Q: How is the PGDM in Business Analytics at NMIMS - Mumbai Campus? What are the job prospects after pursuing this 2-year full-time course?

NMIMS PGDM in Business Analytics is one of the most coveted programs recently owing to its vast prospects. The industries this program caters to include Banking and Financial Services Insurance Telecommunication Consulting companies Manufacturing Retail KPOs Product start-ups E-commerce Some major roles and responsibilities of the Job prospects of Business Analytics are given below. Business Analyst (Manager/Consultant) Handles a team with a major emphasis on Business Analytics Should have a good understanding of technical tools, data analytics foundation methods, data gathering, and processing Should be skilled in communication, leadership, team management, and strategic thinking. Business Analyst (Individual Contributor) Has to handle business interpretation and analytics in providing information from data Uses information to give a detailed overview of the business Should have knowledge of technical components related to managing data Data Miner/Modeller (Manager/ Individual Contributor) He comprehends data models that help support business decisions They help manage Risk/Marketing and in making decisions Needs to be well versed in mathematics, science, and computer science. Mostly hired in BFSI and Telecoms Data Scientist (Individual Contributor/ Consultant) They are particularly proficient in coding and reading statistical data Inclined towards technicalities of business analytics and modifying/building new algorithms Inhibit high data knowledge with proficiency in technology to manage, visualize and analyze data. Going through the details of the roles and responsibilities of Business Analysts, you can go for the one that suits you the most.

Q: What is special in NMIMS, Mumbai MBA?

NMIMS is indeed one of the top B Schools in India. It has many distinguishing features making it one of the most coveted MBA destinations for aspirants. Some of them include Brand value: Being among the top B Schools in India, NMIMS enjoys great brand value. Its alumni are successfully leading many organizations in top roles and this alone is a testament to its brand name. Placements: NMIMS Mumbai has a great placement scenario. The final report of NMIMS Mumbai Placements 2022 has been released. According to the report, the highest salary package stood at INR 57.65 LPA, Students received an average salary of INR 23.07 LPA. Around 150+ recruiters participated in the placement drive from various sectors like BFSI, Consulting, IT, Pharmaceuticals, Media & Telecom, Consulting, etc. Location advantage: Situated in the Finance capital of India, NMIMS enjoys a great locational advantage and gives an edge to many B Schools. It is the best spot for Finance enthusiasts as the headquarters of many companies' finance sector is located here. Even the other specializations flourish here. Alumni: NMIMS has an elaborate alumni network that stretches across various reputed companies. Some might consider the huge batch size as a demerit but in reality, it results in a strong alumni base. NMIMS is special in all the above aspects making it a distinguished choice among MBA aspirants.

Q: Which is better: an MBA from NMIMS Mumbai or a job through SSC CGL?

Comparing the two, an MBA from NMIMS and a job through SSC CGL are highly illogical. The prospects and magnitude of both career inclinations are totally different. Let’s conduct a general comparison on the basis of some common aspects An MBA from NMIMS needs a lot of investment while a job through SSC CGL does not. Considering the probability of getting a good job after my MBA, I think going with SSC CGL is a safer option. Your social status will be much better in the case of SSC CGL. You might face some drawbacks in your work life but in your social circle, you will be considered a man of great importance. Your family will be benefiting from your social status through good education. The salary is average, not less given the better social status you will be enjoying in contrast to working as an MBA professional in the corporate world. Analyze your social and personal responsibilities as an MBA professional as well as CGL. You might get a picture of what you are aiming for. Choosing an MBA is not worth it unless it's a firm top 5 IIM or you are looking for a career abroad. So MBA will guarantee you a lot but money which does matter to an extent but not when compared to the reputation you will gain as an SSC officer. MBA requires a lot more than you think. It may groom you but not ensure a better social structure like CGL.

Q: Is it worth spending money for a BBA at NMIMS, Mumbai?

My sister has recently completed her BBA with a specialization in Finance from NMIMS and she told me about the actual placement scenario of the college. She agrees with the fact that NMIMS is a top B School with an excellent curriculum and faculty. You will be offered amazing opportunities in the form of working in a big MNC or becoming an entrepreneur. However, the situation of placements is not what it seems from the reports. Although my sister was able to get placed she witnessed many of her batch mates unplaced or placed with a very minimal package. Many companies visit the campus owing to the great brand value but the major problem that arises is the huge batch size. The competition is tough as the intake is very high. This year the total intake is BBA 600; BCOM 180. Henceforth very low packages are offered that are not even close to those mentioned in the placement reports. In my sister's batch apart from 3 students, every student got a package of less than 3 LPA. Deloitte hired less than 17 students. While the placement scenario was really poor, the knowledge that she gained in those 3 years did help her pass CFA level-1 the next year. So it’s you who can decide if the money you spend is worth it or not by determining what you really want from your BBA.

Q: How good is the NMIMS Mumbai BBA programme? How are the placements, the summer internship for this year, and recognition by top IIMs?

The Bachelor of Business Administration program at NMIMS is pretty good and ranks 3 across the country. My brother completed his BBA from NMIMS Mumbai in 2016 and during his time the average package was INR 3 LPA. Currently, the median salary is INR 4.8 LPA. The companies that visit the campus for BBA placements are ACCENTURE Aircel Airtel Allahabad Bank Ambuja Cement Bank of Baroda Goldman Sachs Google HCL Technologies You will have a lot of opportunities and the crowd is also talented in almost everything. Multiple internships offered mainly from Intershala are offered to students at different times. The timings can vary from division to division and depend on your semester as well.

Q: How is the NMIMS Mumbai? What can be the cost of 2 years for an MBA, including accommodation? Is it worth the money? Which companies come for placement?

You have asked multiple questions at the same time and I'm here to clear all your doubts. Starting with the first part is how NMIMS is, well it is better than the newer IIMs and institutes like IMT, SIBM, SCMHRD, and IMI. In case you have calls from these, straight away go for NMIMS only. You can pursue an MBA with any specialization here. You should reconsider your decision however if you have calls from MDI, NITIE, IIFT Delhi, IIT Bombay, and JBIMS and you are willing to study something apart from Marketing. However, NMIMS is not comparable to the older IIMs and FMS. Cost of MBA (2 years ) The yearly NMIMS MBA fees are INR 11.95 Lakhs Fees. The additional costs are around 2.4 Lakhs every year. So the total cost of an MBA for 2 years is around INR 28.7 lakhs. Worth It’s impossible to evaluate correctly if a certain B School is worth the money. Some end up with high packages while some with low packages. Also, ROU is a broad term and cannot be determined by just the package you receive. Most of the time I have seen the lives of people with low packages change after their first job. So the initial package is just a stepping stone and not a deciding factor. Placements Some major companies that visit the campus for placements are Aditya Birla Capital, EY, Capgemini, Cognizant, ICICI Bank, etc.

Vile Parle West, MumbaiDeemed to be UniversityEstd 1981NAAC Grade A++ 3.6

4.1

(1030 Reviews)

Manisha Modi

Content Writer & Strategist | Updated on - Nov 13, 2025

NMIMS Mumbai offers MBA as its most popular program. The total fees for the General MBA at NMIMS Mumbai is INR 27 Lakhs, exclusive of hostel fees. Some of the other popular programs at NMIMS Mumbai include BBA General (INR 10.8 Lakhs), B.Com (INR 7.8 Lakhs), and B.Tech Artificial Intelligence (INR 18 Lakhs).

Key Highlights of Top Courses at NMIMS Mumbai

Program	Duration	Tuition Fees (Entire Course)	Seats	Scholarships Available
MBA/PGDM (HR, Analytics, Digital Transformation, Pharma Management)	2 Years	INR 27 Lakhs	1,020 (Approx)	Mirae Asset: Up to INR 30 Lakhs (Family Income <8 Lakhs) Central Sector: INR 2,000/Month (PG) for Family Income <6 LPA
BBA (Marketing, Finance)	3 Years	INR 9.80 Lakhs	720	Central Sector Scheme: INR 1,000/Month for Family Income <6 LPA
B.Tech (Computer Engineering, Civil, AI)	4 Years	INR 14.8 – 18 Lakhs	1,080 (Approx)	Mirae Asset: Up to INR 30 Lakhs (Family Income <8 Lakhs) Central Sector: INR 1,000/Month (UG) for Family Income <6 LPA
B.Com (Hons)/ B.Sc Finance	3 Years	INR 10.4 Lakhs / INR 15.4 Lakhs	180/240	Central Sector Scheme: INR 1,000/month for family income <6 LPA.
BA LLB (Hons)	5 Years	INR 17.5 Lakhs	180 Each through NLAT & CLAT	Central Sector Scheme: INR 1,000/Month (Years 1-3) & INR 2,000/Month (Years 4-5) for Family Income <6 LPA
M.Sc (Applied Chemistry, Applied Statistics, Data Science, Biotech)	2 Years	INR 5-7 Lakhs	60 Seats Each	Central Sector Scheme: INR 2,000/Month for Family Income <6 LPA Research Fellowship: Monthly Stipend for PG Research

Important Fee Notes:

There is an annual hike of 5-10% typically in the fee structure.
Hostel fees is around INR 2.5 to 3.5 Lakhs per year.
The application fee for all NMIMS entrance exams is INR 2,000, except for NMAT.
Separate applications need to be filled for NMAT and MBA, with the MBA application fee at INR 2,900.
The institute also charges an alumni fee of around INR 10,000.
30% of the total seats are reserved for female candidates for the MBA program.

Table of Contents

NMIMS Mumbai MBA Fees
NMIMS Mumbai Fees for UG Courses
NMIMS Mumbai Fees for PG & Integrated Courses
NMIMS Mumbai Fees: ROI Analysis
NMIMS Mumbai Hostel and Accommodation Fees
NMIMS Mumbai Courses and Fees FAQs

NMIMS Mumbai MBA Fees

NMIMS Mumbai fee for MBA ranges from INR 13 Lakhs to 27 Lakhs for the entire duration. The MBA program is offered in 9 fields. For MBA admission, candidates must have a graduation degree with 50% + NMAT.

The key highlights of MBA at NMIMS Mumbai are as follows:

Course Duration: 2 years
Admission Criteria: NMAT + Competency Test + PI
Seats: 600 (General MBA)
Total Fees: INR 27 Lakhs (General MBA – Excluding Hostel Fees)
Average Package: INR 25.13 LPA (MBA Core)
Ranking: 24^th by NIRF in 2025

The detailed fee structure for MBA General is as follows:

Fee Type	Amount
1st Year Tuition Fee	INR 13.5 Lakhs
2nd Year Tuition Fee	INR 13.5 Lakhs
Total Tuition Fee	INR 27 Lakhs

MBA fee structure for other specializations offered at NMIMS Mumbai is as follows:

MBA Specializations	Total Tuition Fees
HR Management	INR 25.5 Lakhs
Business Analytics	INR 23 Lakhs
Digital Transformation	INR 23 Lakhs
Pharmaceutical Management	INR 18 Lakhs
Healthcare Management	INR 16 Lakhs
Real Estate	INR 13 Lakhs
Entrepreneurship	INR 18 Lakhs
Family-Managed Business & Entrepreneurship	INR 23 Lakhs

NMIMS Mumbai MBA Fees: Comparative ROI

The table below provides a comparative analysis of the ROI of MBA programs offered across major universities:

Institute	Total MBA Fees	Average Package	ROI
NMIMS Mumbai	INR 13 to 27 Lakhs	INR 25.13 LPA	0.93 – 1.40x
SPJIMR Mumbai	INR 22.5 Lakhs	INR 32 LPA	1.42x
MDI Gurgaon	INR 24 Lakhs	INR 27 LPA	1.13x
IMT Ghaziabad	INR 21 Lakhs	INR 16 LPA	0.76x
SIBM Pune	INR 23.3	INR 29 LPA	1.24x

NMIMS Mumbai Fees for UG Courses

The fee structure for popular NMIMS Mumbai UG courses is provided in the table below:

Course	Eligibility	Total Fees	Popular Specialization
B.Sc	10+2 with 50% + NPAT	INR 3.06 – 14 L	Applied Psychology (INR 8 L)
			Finance (INR 11.25 L)
			Economics (INR 11.1 L)
B.Tech	10+2 with 45% + NMIMS CET	INR 14 – 18 L	Artificial Intelligence (INR 18 L)
B.Tech	10+2 with 45% + NMIMS CET	INR 14 – 18 L	Computer Engineering (INR 17 L)
BBA	10+2 with 50% + NPAT	INR 9.75 – 47.5 L	General (INR 10.8 L)
BBA	10+2 with 50% + NPAT	INR 9.75 – 47.5 L	Business Management (INR 15.75 L)
B.Com (Hons.)	10+2 with 50% + NPAT	INR 7.8 L	-
B.Pharma	10+2 with 45% + NPAT	INR 11 L	-

NMIMS Mumbai Fees for PG & Integrated Courses

The fee details for major NMIMS Mumbai PG and integrated courses are mentioned in the table below:

Course	Eligibility	Total Fees	Popular Specialization
M.Sc	Graduation with 50% + NMIMS Written Entrance Test	INR 2 – 7 L	Finance (INR 7 L)
M.Sc	Graduation with 50% + NMIMS Written Entrance Test	INR 2 – 7 L	Statistics & Data Science (INR 5 L)
MCA	Graduation with 50% + NMIMS Written Entrance Test	INR 6 L	-
M.Tech	Graduation with 50% + NMIMS Written Entrance Test	INR 11.04 L	-
M.Pharm	Graduation with 55% + NMIMS Written Entrance Test	INR 6.04 L	-
MBA (Tech)	10+2 with 45% + NMIMS CET	INR 25.1 – 26.25 L	Computer Engineering (INR 25.1 L)
B.Pharm + MBA	10+2 with 45% + NMIMS CET	INR 23.75 L	-

NMIMS Mumbai Fees: ROI Analysis

The table below compares fees, salaries, and ROI across major courses offered by NMIMS Mumbai:

Course	Total Fees	Average Package	ROI
MBA	INR 13 to 27 Lakhs	INR 25.13 LPA	0.93 – 1.40x
B.Tech	INR 14 to 17 Lakhs	INR 9.15 LPA	0.51 – 0.62x
M.Tech	INR 11.04 Lakhs	INR 10.70 LPA	0.97x
MCA	INR 6.6 Lakhs	INR 9.09 LPA	1.38x

Check Here: NMIMS Mumbai Scholarship

NMIMS Mumbai Hostel and Accommodation Fees

Hostel seats at NMIMS Mumbai are limited. It will be provided on a first-come, first-served basis. Apart from the hostels, the students can also find living options and facilities near the campus. The details for these are provided below:

Accommodation & Mess Fees

NMIMS Mumbai offers various accommodation options:

Non-AC Hostels: INR 2.35 to 2.6 lakhs per year
AC Hostels: INR 2.75 to 3.1 lakhs per year
Residence Flats (Non-AC): INR 2.25 to 2.35 lakhs per year
Residence Flats (AC): INR 2.75 to 2.85 lakhs per year

These fees generally cover stay arrangements for 10 months and include a refundable security deposit of around INR 10,000 – 15,000.

Academic & Personal Expenses

Apart from living expenses, students should also consider costs for daily essentials such as:

Books & Stationery: Approximately INR 5,000 – INR 10,000 per year
Transport: INR INR 1,500 – INR 3,000 per month (if residing off-campus)
Fest & Club Activities: INR 10,000 – INR 20,000 per year
Laptop & Software: INR 50,000 – INR 1,00,000 (one-time)
Health Insurance: INR 3,000 – INR 5,000 per year

Daily Living Expenses

Living in Mumbai, especially near the NMIMS campus, can be expensive. On average, students spend around INR 30,000 per month, covering:

Food & Groceries: INR 15,000 – INR 20,000
Utilities & Miscellaneous: INR 10,000 – INR 15,000

Note: These estimates can vary based on lifestyle and personal choices.

NMIMS Mumbai Courses and Fees FAQs

Ques. What is the total MBA fee at NMIMS Mumbai?

Ans. The flagship MBA (General) program at NMIMS Mumbai costs INR 27 lakhs for the full course (INR 13.5 lakhs per year). This excludes hostel and living expenses. Other MBA specialisations range from INR 13–25.5 lakhs, depending on the program.

Ques. Which NMIMS Mumbai courses offer the best ROI?

Ans. Besides MBA, NMIMS Mumbai provide great ROI for these programs:

MCA: ROI 1.38x (INR 6.6L fee vs INR 9.09 LPA average)
M.Tech: ROI 0.97x (INR 11L fee vs INR 10.7 LPA average)

These programs offer strong returns relative to their total fees.

Ques. Are hostel seats guaranteed at NMIMS Mumbai?

Ans. No, hostel seats at NMIMS Mumbai are limited and allotted on a first-come, first-served basis. Students can also opt for nearby private accommodations or residence flats. The fees can range from INR 2.25 to 2.85 lakhs, depending on the facilities provided.

Ques. What is the ROI of an MBA from NMIMS Mumbai?

Ans. The average ROI (Return on Investment) ranges from 0.93x to 1.40x, based on an average salary of INR 25.13 LPA and total fees between INR 13–27 lakhs. Students of NMIMS Mumbai typically recover their investment in 1–2 years after placement.

Ques. What is the fee structure for top undergraduate programs at NMIMS Mumbai?

Ans. Some of the top UG courses at NMIMS Mumbai include B.Com, B.Sc, B.Tech, BBA, etc. The fee structure for BBA and B.Tech courses is provided below:

BBA Fee Structure for Popular Specialisations:
- General: INR 10.5 Lakhs
- Business Management: INR 15.75 Lakhs
- Advertising & Branding: INR 16.5 Lakhs
- Finance: INR 9.75 Lakhs
B.Tech Fee Structure for Popular Specialisations:
- Artificial Intelligence: INR 17 Lakhs
- Computer Engineering: INR 16 Lakhs
- Data Science: INR 17 Lakhs
- Cyber Security: INR 17 Lakhs

NMIMS Mumbai Fees & Eligibility

Full time Courses

Course	Total Fees	Eligibility	Application Date
(8.4K Views) MBA 9 Courses	₹13 Lakhs - 25 Lakhs	Graduation +Entrance Test	1 Aug - 18 Oct 2025
(7.4K Views) B.Sc 8 Courses	₹4.5 Lakhs - 14.8 Lakhs	10+2 with 50%+NMIMS-MST	12 Feb - 15 Jun 2025
(5.7K Views) B.Tech 12 Courses	₹14.8 Lakhs - 18 Lakhs	10+2 with 45% + NMIMS CET	20 Feb - 26 May 2025
(5.5K Views) BBA 8 Courses	₹5.31 Lakhs - 27 Lakhs	10+2 with 50% + NPAT	20 Feb - 26 May 2025
(3.6K Views) M.Sc 8 Courses	₹2 Lakhs - 7 Lakhs	Graduation with 50%	21 June - 04 Jul 2025
(1.9K Views) B.Tech + MBA 3 Courses	₹25.1 Lakhs - 26.25 Lakhs	10+2 with 45% + NMIMS CET	20 Feb - 26 May 2025
(1.6K Views) Bachelor of Pharmacy [B.Pharm] + MBA (Pharma Tech)	₹23.75 Lakhs	10+2 with 45%NMIMS-CET Score	7 July - 02 Sept 2025
(1.1K Views) B Pharma	₹11 Lakhs	10+2 with 45%+MHT CET	7 July - 02 Sept 2025
(1.0K Views) Ph.D 13 Courses	₹7.5 Lakhs - 10 Lakhs	Post Graduation +Entrance Test	23 Jan - 30 Mar 2025
(897 Views) L.L.M 6 Courses	₹2 Lakhs	L.L.B. with 50%+CLAT PG	4 Dec - 16 Mar 2025

Part time Courses

Course	Total Fees	Eligibility	Application Date	Action
(200 Views) FMBA	₹3.27 Lakhs	Graduation+Interview	-
Ph.D. 9 Courses	₹7.5 Lakhs - 10 Lakhs	Post Graduation+Entrance Test	31 Mar - 22 Jun 2025

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NMIMS Mumbai MBA General: Students' Opinion

MBA General
B.Sc Finance

AI-Generated Summary based on 122 Reviews

Fees at Narsee Monjee Institute of Management Studies for the Master of Business Administration (MBA) program range from INR 23 lakhs to INR 25 lakhs for the entire program duration, paid annually in installments of about INR 11.95 lakhs to INR 12 lakhs each year. Additional examination fees apply at INR 600 per subject.

A scholarship of INR 2 lakhs is available for the top 50 students based on merit, with the amount deducted from the second-year fees. No hostel facility is included, affecting overall living expenses, which can range from INR 3.5 lakhs to INR 6 lakhs annually, depending on lifestyle choices. The location in Mumbai contributes to higher living costs.

Education loans are accessible, including options like the SBI Scholar Loan.

By Collegedunia’s Personal AI

Courses Offered By NMIMS Mumbai 2025

Select Degree and Streams to See Course Fees and Admission Details.

NMIMS Mumbai Placement Highlights

Yearly Placement Package Comparison
Particulars	2024	2023	2022
Highest Package	₹12.51 Lakhs	-	-
Median Package	₹10.00 Lakhs	₹21.35 Lakhs	₹19.20 Lakhs
Average Package	₹9.32 Lakhs	-	-

Yearly Students Placed
Particulars	2024	2023	2022
Student Admitted	600	540	600
Students Placed	600	540	600

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Popular Colleges Compared With NMIMS Mumbai

College	Avg Fees/ year
Symbiosis Institute of Business Management - [SIBM], Pune	₹2475000
Narsee Monjee Institute of Management Studies - [NMIMS University], Bangalore	₹1100000
XIMB, Bhubaneswar	₹1075000
IIM Mumbai - Indian Institute of Management, Mumbai	₹750000
IBS, Hyderabad	₹850500
IMI - International Management Institute, New Delhi	₹330150
IIFT Delhi Indian Institute of Foreign Trade, New Delhi	₹2187000

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Why To Join NMIMS Mumbai - Reviews & Rating

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Rashika Bhattar

5.0

BBALLB {Hons.}

Reviewed on Nov 5, 2025(Enrolled 2021)

KPMSOL is an amazing college!

Student Snaps:

Fees and Financial Aid:

KPMSOL is one of the most amazing colleges of Mumbai for law and it is arguably best in terms of features and academics too. The fees is also lower than quite a few private colleges who are lower lankes than ours like the SLC and Christ. Our fees is 4 lakhs a year and also no extra pay for placements training or intenrships.

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Srishti Juyal

5.0

BBALLB {Hons.}

Reviewed on Oct 29, 2025(Enrolled 2021)

KPMSOL is best law suite!!

Student Snaps:

Fees and Financial Aid:

Kirit P Mehta NMIMS School of Law is definitely the best law college in Mumbai. The fees was 2.5 lakhs initially but coming to the final year it is now 4 lakhs a year. Not many scholarship as NMIMS being a private college and therefore 90% of the students mostly pay the same fees and around 10% people are those who have availed some form of scholarship.

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Diya Panchori

5.0Helpful

BBALLB {Hons.}

Reviewed on Sep 4, 2025(Enrolled 2021)

NMIMS Law School Mumbai has given me endless memories!!

Fees and Financial Aid:

NMIMS School of Law, Mumbai is a pioneer law college and fees for the same is 2 lakhs a year and 18% GST and 12-15k as charges for registration and others. We also have to pay an examination fees of 6000 per semester. I have not opted for the hostles otherwise hostel fees is also 1.2 lakhs a year.

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MEGHAL PANCHORI

5.0Helpful

BBALLB {Hons.}

Reviewed on Sep 4, 2025(Enrolled 2021)

NMIMS School of Law is a prominent law college!!

Likes

Instead of semester, we have trimester here.

Fees and Financial Aid:

NMIMS Kirit P Mehta School of Law is arguably the best law college of Munbai. However it's private and therefore the fees is little high like for every year we have to pay 2.56 lakhs to study here. BBA LLB is one of the most sought after program of our college.

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Harneet Kaur Sethi

4.4Helpful

BBALLB {Hons.}

Reviewed on Jul 28, 2025(Enrolled 2021)

Kirit.P.Mehta,Nmims,Mumbai-Review.

Likes

The professors in our college are good and the course also.

Student Snaps:

Fees and Financial Aid:

The yearly tution fee is Rs250000. This is the tution fees including the registration fees, infra fees and everything.The other category is BALLB for which the fee is more or less same it may vary for 10000 or 20000.

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Nalin Kathuria

3.9Helpful

BBA, General

Reviewed on Jul 1, 2025(Enrolled 2023)

Truth of NMIMS

Likes

great course curriculums teaches recent trends and case based study

Dislikes

cost of living of tution fees is very high
strict attendance and examination rules for students

Student Snaps:

Fees and Financial Aid:

i paid around 3,50,000 a year which rounds upto around 10.5 L for a 3 years course whereas according to the new education policy if you want honours degree u will have to pay for 4 years also nmims increase there fees 10-15 percent every year . registration fees include 2000 approx cost for the noat plus a 6k deposit apart from that re exams and re valuation in end sem exams cost around 1500-2000. There is no such distinguishing factor between sc st or general

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Raghav Somani

5.0Helpful

BBA, General

Reviewed on May 29, 2025(Enrolled 2024)

NMIMS is the nicest college to pursue BBA.

Dislikes

Fees is too high and this high price education is little expensive for sure.

Fees and Financial Aid:

NMIMS is certainly one of the most expensive colleges not just in Mumbai but in India. College fees itself is 5 lakhs a year and plus the hostel fees of 2.5 lakhs making it seven and half lakhs a year.

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Harshil Raichura

4.6Helpful

BBA, General

Reviewed on Apr 15, 2025(Enrolled 2024)

NMIMS - Crafting the Future with Business & Beyond!

Student Snaps:

Fees and Financial Aid:

In NMIMS, ASMSOC, the fees structure is specified yearly. The amount I pay is Rs. 3,60,000 per year. This includes everything, except the registration fees, i.e the amount paid for registering for entrance exam. There aren't any major scholarships avaliable in Nmims. For BSc Finance fees are Rs. 3,85,000. For B.Com it is Rs. 2,50,000 and for BBA (Fintech), it is Rs. 5,00,000.

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DAKSH

4.1

B.Sc, Data Science

Reviewed on Mar 15, 2025(Enrolled 2006)

Nmims review

Fees and Financial Aid:

7lacs fees probably not worth the fees but okay course decent,no quota or scholarship,tution fees is 6.9 lacs everything including boomberg labs to atal labs and all are included in it. The course is quite decent and probably will be worth it in coming years

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College Ninja

3.9Helpful

B.Tech + MBA, Computer Science And Engineering

Reviewed on Feb 12, 2025(Enrolled 2024)

MPSTME HONEST COLLEGE REVIEW FROM A FY STUDENT.

Fees and Financial Aid:

Different courses have different Fee structure MBA TECH (mba+btech integrated) has 5,25,000 as annual fees and for 5 years. For btech its 4lakhs per annum. There is no reservation or concession on the fees irrespective of your gender / cast.

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NMIMS Mumbai: 13 Answered Questions

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.

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.

What is the value for part time PGDM in NMIMS Mumbai?

Yasmeen SPGDM in Post Graduate Diploma in Management & Business Management, SVKM's NMIMS

Most part-time courses carry no real value other than adding the post-graduate tag. They have no worth in the corporate world irrespective of whichever reputed college you have chosen. NMIMS is one of the top reputed B Schools in India and has a big brand name.

The faculty is extremely talented and experienced
The placement scenario is pretty good except that part-time courses have no fixed statistics.
The fees are relatively high when compared to other B Schools of the same league
The curriculum is very rigorous and requires constant attendance and involvement. Being a part-time PGDM, you are probably a working professional and it becomes very difficult to balance work with studies.
The curriculum required you to submit assignments and give frequent exams. This might be difficult for working people.
Unfortunately there is quite a level of distinction between full-time PGDM students and part-time PGDM students as the former get the most attention from teachers.
The curriculum is rushed in order to get completed within 21 months imparting no real learning

I know a friend who chose NMIMS Executive MBA and paid hefty fees just for the brand name instead of doing the same course at a less popular B School. She regretted her decision and claimed the program to be a total waste of money and time. She said she could have done the same from another B School at half the cost. So part-time MBA itself is not that worthless, but paying a hefty sum merely for the brand name and postgraduate tag is illogical. You can do the same program at a much lesser cost than other B Schools.

How do the new HR programs of IIM Ranchi, NMIMS, and XIMB measure up to the established ones of XLRI, TISS, MDI and SCMHRD?

Apoorv AshutoshFormer PhD Candidate at Indian Institute of Management Lucknow (2017–2020)

The simple answer to your question is no, the new HR programs of IIM Ranchi, NMIMS, or XIMB are not at par with the established ones XLRI, TISS, MDI, and SCMHRD. The established programs especially that of XLRI are the epitome of HR programs. They cannot be compared to the new ones at any given level or parameter.

Faculty: The professors of XLRI are renowned throughout the industry for their competency. They specialize in almost every domain one can think of be it Law, Competency Modeling, Compensation, or Performance Management.
Peers: It’s the cream students who get the opportunity to get into a prestigious college like XLRI. You can see tough competition between the finest students at college. Every individual has a valuable opinion and stands to contradict others. Their thinking pattern is broad and given a case study, they look at all angles from accounting to finance to laws while proposing the solution. The situation at TISS is also quite similar.

Now one can say that the curriculum can be replicated and learned faculty can be sought to match the quality of the HR program at these institutes. But the truth is faculty and curriculum are the main but not the only factors that determine an institute's worth. Its own culture, ethics, and background have a lot to do with the programs it offers.

So one cannot match XLRIs programs no matter how much they try.

How is the PGDM in Business Analytics at NMIMS - Mumbai Campus? What are the job prospects after pursuing this 2-year full-time course?

Aishvery MendkeEngineer at SVKM's NMIMS

NMIMS PGDM in Business Analytics is one of the most coveted programs recently owing to its vast prospects. The industries this program caters to include

Banking and Financial Services
Insurance
Telecommunication
Consulting companies
Manufacturing
Retail
KPOs
Product start-ups
E-commerce

Some major roles and responsibilities of the Job prospects of Business Analytics are given below.

Business Analyst (Manager/Consultant)

Handles a team with a major emphasis on Business Analytics
Should have a good understanding of technical tools, data analytics foundation methods, data gathering, and processing
Should be skilled in communication, leadership, team management, and strategic thinking.

Business Analyst (Individual Contributor)

Has to handle business interpretation and analytics in providing information from data
Uses information to give a detailed overview of the business
Should have knowledge of technical components related to managing data

Data Miner/Modeller (Manager/ Individual Contributor)

He comprehends data models that help support business decisions
They help manage Risk/Marketing and in making decisions
Needs to be well versed in mathematics, science, and computer science.
Mostly hired in BFSI and Telecoms

Data Scientist (Individual Contributor/ Consultant)

They are particularly proficient in coding and reading statistical data
Inclined towards technicalities of business analytics and modifying/building new algorithms
Inhibit high data knowledge with proficiency in technology to manage, visualize and analyze data.

Going through the details of the roles and responsibilities of Business Analysts, you can go for the one that suits you the most.

What is special in NMIMS, Mumbai MBA?

Rajshekhar RoyMBA tech Mechanical from SVKM's NMIMS (2024)

NMIMS is indeed one of the top B Schools in India. It has many distinguishing features making it one of the most coveted MBA destinations for aspirants. Some of them include

Brand value: Being among the top B Schools in India, NMIMS enjoys great brand value. Its alumni are successfully leading many organizations in top roles and this alone is a testament to its brand name.
Placements: NMIMS Mumbai has a great placement scenario. The final report of NMIMS Mumbai Placements 2022 has been released. According to the report, the highest salary package stood at INR 57.65 LPA, Students received an average salary of INR 23.07 LPA. Around 150+ recruiters participated in the placement drive from various sectors like BFSI, Consulting, IT, Pharmaceuticals, Media & Telecom, Consulting, etc.
Location advantage: Situated in the Finance capital of India, NMIMS enjoys a great locational advantage and gives an edge to many B Schools. It is the best spot for Finance enthusiasts as the headquarters of many companies' finance sector is located here. Even the other specializations flourish here.
Alumni: NMIMS has an elaborate alumni network that stretches across various reputed companies. Some might consider the huge batch size as a demerit but in reality, it results in a strong alumni base.

NMIMS is special in all the above aspects making it a distinguished choice among MBA aspirants.

Which is better: an MBA from NMIMS Mumbai or a job through SSC CGL?

RohitM.B.A. - Marketing, NMIMS Mumbai (Batch '19-21)

Comparing the two, an MBA from NMIMS and a job through SSC CGL are highly illogical. The prospects and magnitude of both career inclinations are totally different. Let’s conduct a general comparison on the basis of some common aspects

An MBA from NMIMS needs a lot of investment while a job through SSC CGL does not. Considering the probability of getting a good job after my MBA, I think going with SSC CGL is a safer option.
Your social status will be much better in the case of SSC CGL. You might face some drawbacks in your work life but in your social circle, you will be considered a man of great importance. Your family will be benefiting from your social status through good education. The salary is average, not less given the better social status you will be enjoying in contrast to working as an MBA professional in the corporate world.
Analyze your social and personal responsibilities as an MBA professional as well as CGL. You might get a picture of what you are aiming for. Choosing an MBA is not worth it unless it's a firm top 5 IIM or you are looking for a career abroad.

So MBA will guarantee you a lot but money which does matter to an extent but not when compared to the reputation you will gain as an SSC officer. MBA requires a lot more than you think. It may groom you but not ensure a better social structure like CGL.

Is it worth spending money for a BBA at NMIMS, Mumbai?

Yash SanghviLives in Mumbai, Maharashtra, India (2015–present)

My sister has recently completed her BBA with a specialization in Finance from NMIMS and she told me about the actual placement scenario of the college. She agrees with the fact that NMIMS is a top B School with an excellent curriculum and faculty. You will be offered amazing opportunities in the form of working in a big MNC or becoming an entrepreneur.

However, the situation of placements is not what it seems from the reports. Although my sister was able to get placed she witnessed many of her batch mates unplaced or placed with a very minimal package. Many companies visit the campus owing to the great brand value but the major problem that arises is the huge batch size. The competition is tough as the intake is very high. This year the total intake is BBA 600; BCOM 180. Henceforth very low packages are offered that are not even close to those mentioned in the placement reports.

In my sister's batch apart from 3 students, every student got a package of less than 3 LPA. Deloitte hired less than 17 students. While the placement scenario was really poor, the knowledge that she gained in those 3 years did help her pass CFA level-1 the next year. So it’s you who can decide if the money you spend is worth it or not by determining what you really want from your BBA.

How good is the NMIMS Mumbai BBA programme? How are the placements, the summer internship for this year, and recognition by top IIMs?

Advaith BhaskarLives in Mumbai, Maharashtra, India (2000–present)

The Bachelor of Business Administration program at NMIMS is pretty good and ranks 3 across the country. My brother completed his BBA from NMIMS Mumbai in 2016 and during his time the average package was INR 3 LPA. Currently, the median salary is INR 4.8 LPA. The companies that visit the campus for BBA placements are

ACCENTURE
Aircel
Airtel
Allahabad Bank
Ambuja Cement
Bank of Baroda
Goldman Sachs
Google
HCL Technologies

You will have a lot of opportunities and the crowd is also talented in almost everything. Multiple internships offered mainly from Intershala are offered to students at different times. The timings can vary from division to division and depend on your semester as well.

How is the NMIMS Mumbai? What can be the cost of 2 years for an MBA, including accommodation? Is it worth the money? Which companies come for placement?

Malhar JoshiMBA Operations & Supply Chain, Symbiosis Institute of Business Management, Pune (2014)

You have asked multiple questions at the same time and I'm here to clear all your doubts. Starting with the first part is how NMIMS is, well it is better than the newer IIMs and institutes like IMT, SIBM, SCMHRD, and IMI. In case you have calls from these, straight away go for NMIMS only. You can pursue an MBA with any specialization here. You should reconsider your decision however if you have calls from MDI, NITIE, IIFT Delhi, IIT Bombay, and JBIMS and you are willing to study something apart from Marketing.

However, NMIMS is not comparable to the older IIMs and FMS.

Cost of MBA (2 years )

The yearly NMIMS MBA fees are INR 11.95 Lakhs Fees. The additional costs are around 2.4 Lakhs every year. So the total cost of an MBA for 2 years is around INR 28.7 lakhs.

Worth

It’s impossible to evaluate correctly if a certain B School is worth the money. Some end up with high packages while some with low packages. Also, ROU is a broad term and cannot be determined by just the package you receive. Most of the time I have seen the lives of people with low packages change after their first job. So the initial package is just a stepping stone and not a deciding factor.

Placements

Some major companies that visit the campus for placements are Aditya Birla Capital, EY, Capgemini, Cognizant, ICICI Bank, etc.

View All Questions and Answers

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!

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Comments

Found 4 Comments

kashish tiwari

Mar 6, 2024 23:03

Nmims fee structure for bcom

Ashish Ramtari

Mar 7, 2024 07:03

NMIMS offers B.Com. in honors mode. The per year fee of the course is INR 2.25 lacs. The total fee of the course is INR 6.75 lacs.

sachindra

Aug 2, 2022 14:36

do you have BDES course in Product Design

Sinbad Chongtham

Aug 9, 2022 13:21

NMIMS does not offer B.Des in Product Design but offers B.Des in Humanising Technology. To be eligible for admission to this course you must have passed Class XII examination from a recognized board with at least 60% marks.

dhruvik patel

Jul 10, 2022 19:32

which competitive exam is necessory for applying m,pharm + MBA course???

Jaspreet Kaur

Jul 15, 2022 20:53

You can get admission to the Master of Pharmacy [M. Pharm] + Master of Business Administration [MBA] on the basis of scores of the last qualifying examinations and on the basis of scores of NMAT or GMAT followed by personal interviews.

yasir ansari

Jun 1, 2022 07:22

Do you offer BCA course?

Ashish Ramtari

Jun 8, 2022 06:35

NMIMS Deemed to be University does not offer BCA to the students. The university offers only MCA course to students at the PG level in the field of Computer Applications.

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What is the fee structure for an MBA/PGDM course in NMIMS?

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

What is the value for part time PGDM in NMIMS Mumbai?

How do the new HR programs of IIM Ranchi, NMIMS, and XIMB measure up to the established ones of XLRI, TISS, MDI and SCMHRD?

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Which is better: an MBA from NMIMS Mumbai or a job through SSC CGL?

Is it worth spending money for a BBA at NMIMS, Mumbai?

How good is the NMIMS Mumbai BBA programme? How are the placements, the summer internship for this year, and recognition by top IIMs?

How is the NMIMS Mumbai? What can be the cost of 2 years for an MBA, including accommodation? Is it worth the money? Which companies come for placement?

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NMIMS Opens Application for Various Programs, Check Details Here!

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

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