NMIMS Mumbai Ph.D Economics: Fees 2026, Course Duration, Dates, Eligibility

Vile Parle West, MumbaiDeemed to be UniversityEstd 1981NAAC Grade A++ 3.6
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The Ph.D. in Economics at NMIMS Sarla Anil Modi School of Economics (SAMSOE), Mumbai, is a 3 to 6-year full-time (and part-time) doctoral program designed to foster intellectual exploration and research across various subfields of Economics. Offered under SVKM's NMIMS Deemed-to-be University, the program has an intake of 20 seats and is structured to develop rigorous researchers and academics in the field of Economics. The annual fee is Rs. 2,50,000, with an assured annual scholarship of Rs. 2,00,000, making the effective annual cost just Rs. 50,000 for eligible students. Admission is based on an NMIMS Entrance Test and Personal Interview, with UGC-NET/CSIR-NET/GATE/SLET qualified candidates exempted from the entrance test. NMIMS is a Category-I University with NAAC A+ accreditation, and SAMSOE is one of the leading economics schools in India offering doctoral research in diverse economic subfields.

Admissions for the 2026 batch are currently open under Phase 2. Phase 2 online registration is open from March 30, 2026, with the last date being May 31, 2026. The Entrance Test and Personal Interview for Phase 2 are scheduled for June 12, 2026, with the merit list to be declared on June 22, 2026. The program commences on July 18, 2026, and the last date of admission is August 3, 2026.

Key Points

  • The program is available in both full-time and part-time modes; no work experience is required for full-time candidates.
  • An assured scholarship of Rs. 2,00,000 per annum is provided, reducing the effective annual cost to Rs. 50,000.
  • Full-time PhD students are additionally eligible for a UGC fellowship.
  • Candidates qualified in UGC-NET (including JRF), CSIR-NET, SLET, GATE, or M.Phil. are exempted from the NMIMS Entrance Test but must appear for the Personal Interview.
  • All students must complete Pre-Ph.D. coursework in the first year before formal PhD registration.
  • The scholarship is provided for up to 5 years or until PhD completion, whichever is earlier.
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05 May, 2026 NMIMS Mumbai has also announced Fee structure 2026 for Ph.D Economics programs. The total academic fee is ₹ 7.5 Lakhs. 

NMIMS Ph.D. (Economics) Fees

The annual fee for the Ph.D. (Economics) program at NMIMS SAMSOE is Rs. 2,50,000 per year. NMIMS provides an assured annual scholarship of Rs. 2,00,000, making the effective annual cost only Rs. 50,000 for eligible students. Full-time PhD students are also eligible for a UGC fellowship. Hostel accommodation is available on campus on a first-come-first-served basis.

Fee Components

Fee ComponentAmount (Per Year)
Annual Tuition FeeRs. 2,50,000
Annual Scholarship (NMIMS - Assured)Rs. 2,00,000
Effective Annual Fee (after scholarship)Rs. 50,000
Registration Fee (Non-refundable, one-time)Rs. 2,500
Hostel Fee (Optional)Rs. 1,80,000 per year (approx.)
Total Fees (without Hostel, after scholarship, per year)Rs. 50,000
  • The scholarship of Rs. 2,00,000 per year is assured and provided for up to 5 years or completion of the PhD, whichever is earlier.
  • Scholarship will be cancelled if the student is found indulging in any unlawful activity.
  • PhD students who re-register or take re-admission are not entitled to the scholarship.
  • Full-time PhD students are eligible for UGC fellowship in addition to the institutional scholarship.
  • Fees for Batch 2026 will be confirmed at the time of admission (Batch 2025 fees used as reference above).
  • Refund of fees in case of withdrawal/cancellation is as per UGC guidelines.
  • The registration fee of Rs. 2,500 is non-refundable and non-transferable.

NMIMS Ph.D. (Economics) Admission 2026

Admissions to the Ph.D. (Economics) program at NMIMS SAMSOE for the 2026 batch are conducted in two phases. Phase 1 registration (February 14 to March 29, 2026) and test (April 10, 2026) have been completed. Phase 2 is currently ongoing, with registration open until May 31, 2026. The selection process involves an NMIMS Entrance Test (90 minutes, 50 marks) and a Personal Interview (50 marks), with UGC-NET/CSIR-NET/GATE/SLET qualified candidates exempted from the entrance test.

NMIMS Ph.D. (Economics) Admission Dates

EventPhase 1Phase 2
Online Registration OpensFebruary 14, 2026March 30, 2026
Last Date of Online RegistrationMarch 29, 2026May 31, 2026
Call Letters Available on DashboardApril 2, 2026June 5, 2026
Entrance Test and Personal InterviewApril 10, 2026June 12, 2026
Declaration of Merit ListApril 20, 2026June 22, 2026
Document Upload and Payment of Admission FeesApril 20-27, 2026June 22-29, 2026
Commencement of ProgramJuly 18, 2026July 18, 2026
Closure of Admission / Last Date of AdmissionAugust 3, 2026August 3, 2026

Accepted Exam Dates (Exemption from Entrance Test)

ExamExam DateResult Date
UGC-NET Phase 1December 31, 2025 to January 7, 2026February 4, 2026
UGC-NET Phase 2June 1, 2026 (Tentative)July 1, 2026 (Tentative)
GATE 2026February 7, 8, 14, 15, 2026March 19, 2026
CSIR-NETJuly 25-27, 2026 (Tentative)September 4, 2026 (Tentative)

The dates mentioned above are tentative and subject to change.

Eligibility Criteria:

  • Candidates must hold a Master's degree or equivalent professional degree with at least 55% marks in aggregate (or Grade B in UGC 7-point scale) from a recognized institution.
  • Candidates from foreign universities must provide an AIU equivalence certificate.
  • Candidates appearing in or awaiting final year results are eligible to apply for the full-time PhD program, provided the qualifying examination is conducted before the program commencement date.

Admission Process:

  • Register online at www.nmims.edu and pay the non-refundable registration fee of Rs. 2,500.
  • Upload required documents: 10th, 12th, graduation and post-graduation mark sheets, degree certificates, Research Proposal (as per guidelines), and competitive exam certificate (if applicable for exemption from entrance test).
  • Download call letter from the dashboard; no separate communication will be sent.
  • Appear for NMIMS Entrance Test (90 minutes, 50 marks: 30% Research Aptitude + 70% Domain Specific) -- exempted for UGC-NET/CSIR-NET/SLET/GATE/M.Phil. qualified candidates. Minimum qualifying marks: 50%.
  • Attend Personal Interview (50 marks) at the Mumbai campus, including a presentation based on the Research Proposal.
  • Merit list is prepared based on Entrance Test (70% weightage) and Personal Interview (30% weightage).
  • Selected candidates must complete admission formalities, upload documents, and pay fees within the given timeline.
  • All admitted students must complete Pre-Ph.D. coursework in the first year before formal PhD registration.

NMIMS Ph.D. (Economics) Scholarships 2026

NMIMS SAMSOE offers an assured institutional scholarship of Rs. 2,00,000 per year to all PhD students, effectively reducing the annual cost to just Rs. 50,000. Full-time PhD students are additionally eligible for UGC fellowships. Government scholarships are also available for eligible candidates.

Scholarship Details

ScholarshipAmountEligibility
NMIMS Institutional Scholarship (Assured)Rs. 2,00,000 per yearAll admitted PhD students; up to 5 years or PhD completion
UGC Fellowship (Full-time PhD)As per UGC normsFull-time PhD students; in line with UGC guidelines
Merit Cum Means Scholarship (Government of India)Rs. 20,000 per annumMinimum 50% marks; family income criteria applicable
Maharashtra State Government ScholarshipAs per government normsDomicile of Maharashtra; category-specific criteria
  • The NMIMS scholarship form (hardcopy) must be submitted to SAMSOE along with the registration form, Research Proposal, resume, admission form, and offer letter copy.
  • Scholarship will be cancelled if the student re-registers for PhD or takes re-admission.
  • UGC fellowship details will be shared at the time of admission.

NMIMS Ph.D. (Economics) FAQs

Ques. What is the effective cost of the Ph.D. (Economics) program at NMIMS SAMSOE after scholarship?

Ans. The annual tuition fee is Rs. 2,50,000, but NMIMS provides an assured annual scholarship of Rs. 2,00,000, making the effective annual cost just Rs. 50,000. Full-time PhD students are also eligible for a UGC fellowship, which can further offset costs. The scholarship is provided for up to 5 years or until PhD completion, whichever is earlier.

Ques. What subfields of Economics can I research in the Ph.D. program at NMIMS SAMSOE?

Ans. SAMSOE encourages research across various subfields of Economics including macroeconomics, microeconomics, development economics, financial economics, international economics, health economics, environmental economics, and public policy. Candidates should indicate their preferred research area in the Research Proposal submitted at the time of application.

Ques. Is work experience required for admission to the Ph.D. (Economics) program at NMIMS?

Ans. No work experience is required for full-time PhD candidates. Part-time candidates working in reputed organizations may apply with an NOC from their employer. The program is open to fresh postgraduates as well as working professionals.

Ques. What should the Research Proposal include for the Ph.D. (Economics) application at NMIMS?

Ans. The Research Proposal (1500-2000 words, Times New Roman 12pt, single line spacing) should include: Title, Aim of the proposed research, Literature Review, Statement of the Problem, Research Questions or Hypotheses, Proposed Research Methodology, and References in APA style.

Ques. Am I exempted from the NMIMS Entrance Test if I have qualified UGC-NET or GATE?

Ans. Yes. Candidates who have qualified UGC-NET (including JRF), CSIR-NET (including JRF), SLET, GATE, or Teacher Fellowship, or have passed M.Phil., are exempted from the NMIMS Entrance Test. However, they must still appear for the Personal Interview at the Mumbai campus.

Ques. What is the Pre-Ph.D. coursework requirement at NMIMS SAMSOE?

Ans. All admitted PhD students must complete Pre-Ph.D. coursework during the first year of the program as prescribed by SVKM's NMIMS (Deemed to be University). Only upon successful completion of this coursework are students formally registered for the PhD program. This is in adherence to UGC guidelines for doctoral programs.

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The following table compares the fee structure, eligibility for a BBA degree and ranking of both institutes:

College

Fee Structure (first year fees)

Eligibility

No. of seats

NMIMS Mumbai

INR 3.83 lakhs

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600

SCMS Pune

INR 3.1 lakhs

10+2 with 45% and SET + PIWAT

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Placements:

NMIMS Mumbai:

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SCMS Pune:

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Curriculum:

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SCMS Pune:

  • Students will learn subjects like Foreign Trade, Industrial Laws, International Business Laws, etc.

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