![Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University]](https://image-static.collegedunia.com/public/college_data/images/logos/1506323004Logo.jpg?h=71.7&w=71.7&mode=stretch)
The highest package offered at NMIMS Mumbai is INR 67.7 Lakhs, while the average package stood at INR 25.13 Lakhs. Various recruiters participated in the recruitment process of NMIMS Mumbai including Amazon, Bank of America, Cisco, Cognizant, Flipkart and more.
NMIMS Mumbai Placement 2025 report has not been released yet. However, the highest package for NMIMS Mumbai stood at INR 67.70 LPA, and the average package stood at INR 25.13 LPA for the MBA (Core) program in 2024.
- Around 37% of the batch were placed through PPOs.
- 168 recruiters participated in the MBA Core placement drive.
- Among which 72 were first-time recruiters & 68 were Fortune 500 recruiters.
For NMIMS Mumbai MBA HR Placement in 2024, the highest package stood at INR 25.02 LPA while the average package stood at INR 18.64 LPA.
- 29% of the batch were placed through PPOs.
- 46 recruiters participated in the MBA HR placement drive.
- Among which 21 were first-time recruiters & 23 were Fortune 500 recruiters.
The highest stipend offered at NMIMS Mumbai Summer Internship was INR 4.40 Lakhs per month, while the average was INR 1.84 Lakhs per month for the MBA (Core) batch of 2024. For the MBA HR batch of 2024, the highest monthly stipend secured was INR 3 Lakhs, and the average monthly stipend secured was INR 1.31 Lakhs.
Top graduates from SBM NMIMS Mumbai were offered leadership roles in BFSI, including Solution Manager, Product Manager, Business Consultant, and Investment Banker. Over 40% of top offers came from emerging domains like fintech, digital consulting, and e-commerce, showing an industry shift.
Recruiters ranged from global firms like Accenture Strategy, Goldman Sachs, McKinsey & Company, and KPMG to leading corporates such as ITC, Samsung, Pepsico, Axis Bank, ICICI Bank, and L&T. Companies from Singapore, Japan, and the Middle East joined the placement drive, providing niche opportunities in consulting, analytics, and strategy.
Table of Contents
NMIMS Mumbai Placement Report
The placement details for the 2024 MBA (Core) and MBA HR courses, along with details of 2023, are mentioned in the table below:
| Particulars | Placement Stats 2024 | Placement Stats 2023 |
|---|---|---|
| MBA Core | ||
| Total Number of Recruiters | 168 | 148 |
| Number of New Recruiters | 72 | 52 |
| Number of Fortune 500 Recruiters | 68 | 84 |
| Percentage of PPOs | 37% | 36% |
| Highest Package | INR 67.70 LPA | INR 67.80 LPA |
| Average Package | INR 25.13 LPA | INR 26.63 LPA |
| MBA HR | ||
| Total Number of Recruiters | 46 | 51 |
| Number of New Recruiters | 21 | 24 |
| Number of Fortune 500 Recruiters | 23 | 29 |
| Percentage of PPOs | 27% | 25% |
| Highest Package | INR 25.02 LPA | INR 25.95 LPA |
| Average Package | INR 18.64 LPA | INR 19.56 LPA |
NMIMS Mumbai MBA Salary-Wise Placement
The salary-wise placement details for top students at NMIMS Mumbai from the MBA Core and MBA HR batch of 2024 are mentioned in the table below:
| Particulars | Salary Package 2024 |
|---|---|
| MBA Core | |
| Top 10% Average Package | INR 40.60 LPA |
| Top 20% Average Package | INR 37.10 LPA |
| Top 30% Average Package | INR 34.40 LPA |
| Top 40% Average Package | INR 32.10 LPA |
| MBA HR | |
| Top 10% Average Package | INR 24.67 LPA |
| Top 20% Average Package | INR 22.95 LPA |
| Top 30% Average Package | INR 22 LPA |
| Top 40% Average Package | INR 21.50 LPA |
NMIMS Mumbai MBA Domain-Wise Placement
The domain-wise highest packages secured by NMIMS Mumbai in 2024, along with 2023, are mentioned in the table below:
| Domains | Highest Package 2024 | Highest Package 2023 |
|---|---|---|
| General Management | INR 61.39 LPA | INR 67.80 LPA |
| Marketing | INR 67.70 LPA | INR 57.78 LPA |
| Finance | INR 31.20 LPA | INR 42 LPA |
| Operations & Data Science | INR 31.38 LPA | INR 36.32 LPA |
| HR | INR 25.02 LPA | INR 25.95 LPA |
The highest package was offered by the Marketing domain during NMIMS Mumbai MBA Placement 2024. Marketing was the only domain that saw growth in 2024, indicating an increasing demand for digital marketing and brand management roles.
NMIMS Mumbai MBA Sector-Wise Placement
The dominating sector in both MBA Core and MBA HR placements in 2024 was BFSI, followed by Consulting for MBA Core and Conglomerate, Manufacturing, and allied sectors for MBA HR.
The sector-wise statistics for both MBA Core and MBA HR for NMIMS Mumbai Placement 2024 are mentioned in the tables below:
NMIMS Mumbai MBA Core Sector-Wise Placement
The details for on-campus placements, PPOs, and top recruiters for different sectors in MBA Core Placement 2024 have been mentioned below:
| Sectors | Placement Percentage | On Campus | PPOs | Top Recruiters |
|---|---|---|---|---|
| BFSI | 33% | 59% | 41% | American Express, Axis Bank, BNY Barclays, Goldman Sachs, Tata AIA, Tata AIG, Standard Chartered |
| Consulting | 19% | 62% | 38% | Accenture, Accenture Strategy, Avalon Consulting, Cognizant, EY, Everest Group, Bain & Company, KPMG, PwC, Infosys |
| FMCG, FMCD & Retail | 17% | 43% | 57% | Aditya Birla Fashion & Retail, Asian Paints, Samsung, Britannia, Godrej, ITC, L’Oreal, Kellogg's, Pepsico, P&G, Titan |
| IT/Analytics, Pharmaceuticals, Media, Telecom, Real Estate | 14% | 76% | 24% | Abbott, Airtel, Atlan, Google, Cisco, Hexaware, Cipla, Microsoft, Oracle, Virtusa, Workday, Wipro, Comviva, Mphasis, Capgemini |
| Aviation, Conglomerate, Manufacturing, Power, Oil & Gas | 11% | 67% | 33% | Adani, Air India, Bosch, L&T, TVS, Shell, Maruti Suzuki, Piramal, Mahindra, TAS |
| Start-up, Logistics & E-commerce | 6% | 80% | 20% | Flipkart, PhonePe, FedEx, Swiggy, Zepto, Novex, Digio, Catking, Think 9, Finnovate |
NMIMS Mumbai MBA HR Sector-Wise Placement
The details for on-campus placements, PPOs, and top recruiters for different sectors in MBA HR Placement 2024 have been mentioned below:
| Sectors | Placement Percentage | On Campus | PPOs | Top Recruiters |
|---|---|---|---|---|
| BFSI | 31% | 70% | 30% | Aditya Birla, Air India, Bosch, Cipla, Cummins, HDFC Ergo, Hero Fincorp, Indigo, ICICI Bank, Kotak, PharmEasy, Tata Communications, Wipro, Workday, L&T, Reliance, Saint-Gobain |
| Aviation, Conglomerate, Manufacturing, Power, Oil & Gas | 27% | 64% | 36% | |
| IT/Analytics, Pharmaceuticals, Media, Telecom, Real Estate | 19% | 55% | 45% | |
| Consulting | 13% | 93% | 7% | |
| FMCG, FMCD & Retail | 5% | 80% | 20% | |
| Start-up, Logistics & E-commerce | 5% | 100% | 0% |
NMIMS Mumbai MBA Placement: Year-Wise Trends
The highest package offered for MBA Core in 2024 decreased by approximately 0.15% compared to 2023. Meanwhile, the highest package offered for MBA HR in 2024 decreased by approximately 3.58% compared to 2023.
Further, the average package secured for MBA Core in 2024 decreased by approximately 5.63% compared to the average package secured in 2023. In addition, the average package secured for MBA HR in 2024 decreased by approximately 4.70% compared to the average package secured in 2023.
The placement trends of NMIMS Mumbai over the last three years have been mentioned in the tables below:
NMIMS Mumbai MBA Core Placement Trends
The placement trends for MBA Core at NMIMS Mumbai over the last three years, ie, 2024, 2023, and 2022, have been mentioned below:
| Particulars | 2024 | 2023 | 2022 |
|---|---|---|---|
| Number of Recruiters | 168 | 148 | 130 |
| No. of New Recruiters | 72 | 52 | 38 |
| Fortune 500 Recruiters | 68 | 84 | 64 |
| Percentage of PPOs | 37% | 36% | 29% |
| Highest Package | INR 67.70 LPA | INR 67.80 LPA | INR 57.65 LPA |
| Average Package | INR 25.13 LPA | INR 26.63 LPA | INR 23.07 LPA |
| Dominating Sector | BFSI | BFSI | BFSI |
NMIMS Mumbai MBA HR Placements Trends
The placement trends for MBA HR at NMIMS Mumbai over the last three years, ie, 2024, 2023, and 2022, have been mentioned below:
| Particulars | 2024 | 2023 | 2022 |
|---|---|---|---|
| Number of recruiters | 46 | 51 | 24 |
| No. of new recruiters | 21 | 24 | 10 |
| Fortune 500 recruiters | 23 | 29 | 11 |
| Percentage of PPOs | 27% | 25% | 11% |
| Highest salary | INR 25.02 LPA | INR 25.95 LPA | INR 24.84 LPA |
| Average salary | INR 18.64 LPA | INR 19.56 LPA | INR 19.40 LPA |
| Dominating sector | BFSI | Auto, Conglomerate, Manufacturing, Power, Oil & Gas | IT, Pharmaceuticals, Media & Telecom |
The slight decline in average salary resulted in fewer Fortune 500 companies participating and an increase in mid-sized company hiring.
NMIMS Mumbai MBA Summer Internship Report
The 2024 summer internship details for MBA (Core) and MBA HR graduates, along with details of 2023, are mentioned in the table below:
| Particulars | Internship Stats 2024 | Internship Stats 2023 |
|---|---|---|
| MBA Core | ||
| Total Number of Recruiters | 167 | 116 |
| New Recruiters | 77 | 42 |
| Fortune 500 Recruiters | 61 | 63 |
| Highest Stipend | INR 4.40 Lakhs per month | INR 4 Lakhs per month |
| Average Stipend | INR 1.84 Lakhs per month | INR 2 Lakhs per month |
| MBA HR | ||
| Total Number of Recruiters | 59 | 48 |
| New Recruiters | 35 | 35 |
| Fortune 500 Recruiters | 20 | 20 |
| Highest Stipend | INR 3 Lakhs per month | INR 3 Lakhs per month |
| Average Stipend | INR 1.31 Lakhs per month | INR 1.42 Lakhs per month |
NMIMS Mumbai MBA Summer Internship Stipend-Wise Report
The stipend-wise summer internship placement details for top students at NMIMS Mumbai from the MBA Core and MBA HR batch of 2024 are mentioned in the table below:
| Particulars | Stipend Stats 2024 |
|---|---|
| MBA Core | |
| Average Stipend for Top 50 | INR 3.5 Lakhs per month |
| Average Stipend for Top 100 | INR 3.24 Lakhs per month |
| Average Stipend for Top 150 | INR 3.02 Lakhs per month |
| Average Stipend for Top 200 | INR 2.86 Lakhs per month |
| MBA HR | |
| Average Stipend for Top 10% | INR 2.92 Lakhs per month |
| Average Stipend for Top 15% | INR 2.72 Lakhs per month |
| Average Stipend for Top 20% | INR 2.58 Lakhs per month |
| Average Stipend for Top 25% | INR 2.46 Lakhs per month |
NMIMS Mumbai MBA Summer Internship Domain-Wise Report
The domain-wise highest stipends secured by NMIMS Mumbai in 2024, along with 2023 statistics, are mentioned in the table below:
| Domains | Highest Stipend 2024 | Highest Stipend 2023 |
|---|---|---|
| General Management | INR 4 Lakhs per month | INR 4 Lakhs per month |
| Marketing | INR 4.40 Lakhs per month | INR 4 Lakhs per month |
| Finance | INR 3.50 Lakhs per month | INR 3.50 Lakhs per month |
| Operations & Data Science | INR 3 Lakhs per month | INR 3 Lakhs per month |
| HR | INR 3 Lakhs per month | INR 3 Lakhs per month |
The highest stipend came from the Marketing domain during the NMIMS Mumbai MBA Summer Internship Placement 2024. Internships in Marketing, Consulting, and Product Management saw the highest stipend growth, while HR and Finance maintained stable stipend levels.
NMIMS Mumbai MBA Sector-Wise Summer Internship
The sector-wise statistics for both MBA Core and MBA HR for NMIMS Mumbai Summer Internship Placement 2024 are mentioned in the tables below:
| Sectors | Placement Percentage (MBA Core) | Placement Percentage (MBA HR) | Top Recruiters |
|---|---|---|---|
| BFSI | 32% | 21% | Bajaj Finserv, HDFC Bank, HSBC, Vedanta, Reliance, Accenture, Avalon Consulting, PwC, KPMG, Amway, Dabur, Havells, KPIT, Intel, Sodexo, Sony, Salesforce, Zomato, Style Bazaar, Boat, Fujitsu, Licious, Omega Healthcare, Morgan Stanley, GSK, Essar, Disney |
| FMCG, FMCD & Retail | 19% | 11% | |
| IT/Analytics, Pharmaceuticals, Media & Telecom, Real Estate | 16% | 23% | |
| Start-up, Logistics & E-commerce | 13% | 6% | |
| Auto, Conglomerate, Manufacturing, Power, Oil & Gas, Aviation | 11% | 23% | |
| Consulting | 9% | 16% |
NMIMS Mumbai MBA: ROI Analysis
Pursuing an MBA at NMIMS Mumbai costs approximately INR 23–24 Lakhs in tuition fees. With an average package of INR 25.13 LPA (MBA Core) in 2024, students can recover their investment in about 1–1.2 years, making it one of the strongest ROI-based B-schools in India.
Internship stipends at NMIMS are among the highest in India, with top students in MBA Core earning more than INR 2.5 Lakhs/month. Considering an average 2-month internship, students recover nearly 20–25% of their first-year tuition fee through stipends alone.
Comparative ROI with Similar Institutes
- SPJIMR had an average package of INR 32 LPA, with total fees of approx. INR 23 Lakhs
- MDI Gurgaon had an average package of INR 27 LPA, with total fees of approx. INR 24 Lakhs
- IMT Ghaziabad had an average package of INR 16 LPA, with total fees of approx. INR 21 Lakhs
- SIBM Pune had an average package of INR 29 LPA, with total fees of approx. INR 23 Lakhs
NMIMS offers a balanced ROI, particularly for students targeting BFSI and Consulting roles.
While its average package is slightly lower than top IIMs (INR 30–36 LPA), it matches or exceeds several newer IIMs (average of INR 16–22 LPA), making NMIMS a strong alternative for aspirants who do not secure admission in IIM A/B/C.
Unique Insights of NMIMS Mumbai Placement
- In the last five years, NMIMS has seen consistent growth in the highest packages, moving from INR 30+ LPA in 2019 to INR 67+ LPA in 2024, while PPOs doubled from 18% to 37%, showing stronger corporate trust.
- 57% of the offers in the FMCG/FMCD and Retail sectors were provided through PPO conversions.
- While BFSI remains dominant, Consulting grew from 11% (2021) to 19% (2024) for MBA Core, while Finance roles saw a dip in top packages.
- Start-ups and e-commerce roles accounted for 5–6% of placements in 2024.
- NMIMS Mumbai has an alumni base of 40,000+ professionals across BFSI, FMCG, Consulting, and Tech, many returning as recruiters and mentors, increasing PPO opportunities.
- Global firms like Sony, Rakuten, and Works Applications also participated and offered cross-border roles in analytics and fintech.
- Consulting firms, including Bain & Company and Accenture Strategy, increased their intake.
- Another notable highlight is the increasing presence of AI, Data Analytics, Product Management roles offered by technology giants like Google, Microsoft, and Oracle, which adds diversity to job opportunities beyond BFSI.
- The rise of AI, Data Analytics, and Product Management roles from companies like Google, Microsoft, and Oracle provided wider career options beyond BFSI.
Check More: NMIMS Placement Stats Based on NIRF Data
Conclusion
NMIMS Mumbai has emerged as a high-ROI B-school, with steadily rising placements, strong corporate trust, and a dynamic alumni ecosystem. With average packages at INR 25+ LPA, top offers exceeding INR 67 LPA, high-paying summer internships, and international opportunities, it provides a strong alternative to top IIMs. Diverse sectors and specializations in Marketing, Business Analytics, and Digital Transformation ensure both competitive packages and strategic career growth.
NMIMS Mumbai Placement FAQs
Ques. How were the placements for Mukesh Patel School of Technology Management & Engineering of NMIMS Mumbai?
Ans. During NMIMS Mumbai Placement 2024, 110 students from the Mukesh Patel School of Technology Management & Engineering secured dream offers. The highest package secured was INR 22.24 LPA, and the average package stood at INR 9.28 LPA. The highest stipend offered was INR 1 Lakh per month.
More than 172 companies visited for on-campus hiring, and over 60 companies offered packages above INR 6 LPA. Recruiters participated from sectors like FMCG/FMCD, Consulting, Logistics, IT / ITES, E-Commerce, Manufacturing, Telecom, Automobile, etc. Some of the international recruiters included Rakuten, Sony, Yahoo Japan, Bizreach, and Works Applications Co,. Ltd.
Ques. What is the year-wise trend of the average packages at NMIMS Mumbai?
Ans. The year-wise trend of the average packages secured at NMIMS Mumbai placements in the last three years is mentioned below:
| Year | Average Package (MBA Core) | Percentage Change | Average Package (MBA HR) | Percentage Change |
|---|---|---|---|---|
| 2024 | INR 25.13 LPA | 5.63% decrease | INR 18.64 LPA | 4.70% decrease |
| 2023 | INR 26.63 LPA | 15.43% increase | INR 19.56 LPA | 0.82% increase |
| 2022 | INR 23.07 LPA | N/A | INR 19.40 LPA | N/A |
Ques. How are the internship placements at NMIMS Mumbai?
Ans. The major highlights of NMIMS Mumbai Summer Internship Placement 2024 are as follows:
- MBA Core Placement Statistics:
- Highest Stipend: INR 4.40 Lakhs per month
- Average stipend: INR 1.84 Lakhs per month
- Participating Recruiters: 167
- MBA HR Placement Statistics:
- Highest Stipend: INR 3 Lakhs per month
- Average stipend: INR 1.31 Lakhs per month.
- Participating Recruiters: 59
The top recruiters included Arcesium, Crisil, Adani, Reliance, Avalon Consulting, Accenture Strategy, Havells, Abbott, Cisco, Disney, Micron, Flipkart, Zomato, Fujitsu, Kotak Life, L&T, and Essar.
Ques. What is the year-wise trend of the highest packages at NMIMS Mumbai?
Ans. The year-wise trend of the highest packages secured at NMIMS Mumbai placements in the last three years is mentioned below:
| Year | Highest Package (MBA Core) | Percentage Change | Highest Package (MBA HR) | Percentage Change |
|---|---|---|---|---|
| 2024 | INR 67.70 LPA | 0.15% decrease | INR 25.02 LPA | 3.58% decrease |
| 2023 | INR 67.80 LPA | 17.61% increase | INR 25.95 LPA | 4.47% increase |
| 2022 | INR 57.65 LPA | N/A | INR 24.84 LPA | N/A |
Ques. How many recruiters visited NMIMS Mumbai for on-campus hirings?
Ans. During the NMIMS Mumbai Placement 2024, a total of 168 recruiters participated for the MBA Core batch. Out of which 72 were new recruiters and 68 were Fortune 500 recruiters. For the MBA HR batch, a total of 46 recruiters participated. 21 were new recruiters, and 23 were Fortune 500 recruiters.
As for the NMIMS Mumbai Summer Internship Placement 2024, a total of 167 recruiters participated for the MBA Core batch. Out of 77 were new recruiters, and 61 were Fortune 500 recruiters. For the MBA HR batch, a total of 59 recruiters participated in the summer internship placements. 35 were new recruiters, and 20 were Fortune 500 recruiters.
Ques. What are the sector-wise placement statistics of NMIMS Mumbai? And which was the top-performing sector?
Ans. NMIMS Mumbai saw participation from sectors such as:
- BFSI – 33% (MBA Core), 31% (MBA HR)
- Consulting – 19% (MBA Core), 13% (MBA HR)
- FMCG, FMCD & Retail – 17% (MBA Core), 5% (MBA HR)
- IT/Analytics, Pharmaceuticals, Media, Telecom, Real Estate – 14% (MBA Core), 19% (MBA HR)
- Aviation, Conglomerate, Manufacturing, Power, Oil & Gas, Automobile – 11% (MBA Core), 27% (MBA HR)
- Start-up, Logistics & E-commerce – 6% (MBA Core), 5% (MBA HR)
BFSI was the top-performing sector in both the MBA Core and MBA HR placements in 2024. The top recruiters from the BFSI included Aditya Birla Capital, American Express, Axis Bank, BNY, Goldman Sachs, HSBC, ICICI Bank, Standard Chartered, Tata AIG, and Bank of America.
Ques. What were the highest packages secured at NMIMS Mumbai across different domains?
Ans. The highest packages secured by different domains at NMIMS Mumbai Placement have been mentioned below:
| Domains | Highest Package 2024 | Highest Package 2023 | Percentage Change |
|---|---|---|---|
| General Management | INR 61.39 LPA | INR 67.80 LPA | 9.45% decrease |
| Marketing | INR 67.70 LPA | INR 57.78 LPA | 17.17% increase |
| Finance | INR 31.20 LPA | INR 42 LPA | 25.71% decrease |
| Operations & Data Science | INR 31.38 LPA | INR 36.32 LPA | 13.60% decrease |
| HR | INR 25.02 LPA | INR 25.95 LPA | 3.58% decrease |
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NMIMS Mumbai Placements 2023 has been concluded. During the MBA placement drive, 36% of the batch was placed through PPOs. NMIMS Mumbai's highest package stood at INR 67.80 LPA whereas NMIMS Mumbai's average package stood at INR 26.63 LPA. A total of 148 recruiters participated in the MBA placement drive among which 52 were first-time recruiters & 84 were Fortune 500 recruiters. Some of the top recruiters included Aditya Birla Capital, American Express, Goldman Sachs, Crisil, etc. During NMIMS Mumbai MBA HR Placements 2023, the highest package stood at INR 57.65 LPA while the average package stood at INR 23.07 LPA. 29% of the batch were placed through PPOs. During NMIMS Mumbai Summer Internship Placements 2023, NMIMS Mumbai's highest stipend stood at INR 4 Lakhs per month while NMIMS Mumbai's average stipend stood at INR 2 Lakhs per month for the MBA batch.
NMIMS Mumbai can be considered as a better place for placements. The highest package offered here was INR 67.80 lacs per year. The average package was INR 26.63 lacs per year. The percentage of PPO was 36%. The major recruiting sectors of NMIMS Mumbai are General Management, Marketing, Finance, Operations and Data Science.