NMIMS Mumbai Placement 2025: Highest Package, Average Package, Top Recruiters

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

Content Writer & Strategist | Updated on - Oct 11, 2025

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.

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

NMIMS Mumbai Highest and Average Package

Highest PackageAverage Package
67.70 L
25.13 L
013.5 Lakhs27.1 Lakhs40.6 Lakhs54.2 Lakhs67.7 Lakhs

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NMIMS Mumbai Placement: Students' Opinion

AI-Generated Summary based on 1028 Reviews

The college provides robust placement opportunities with an active placement cell that ensures 100% placement every year. The average salary package ranges from INR 6 to 8 lakhs, with the highest reaching up to INR 35 lakhs. Notable recruiters include multinational companies such as JP Morgan, Deloitte, Google, Microsoft, TCS, Accenture, and Infosys.

The placement process generally involves aptitude tests, group discussions, and interviews. Internships are also emphasized, with a high percentage of students securing positions during these programs. The college's strong alumni network and industry connections facilitate a wide range of roles in various sectors including finance, marketing, IT, and consulting. Despite being a new campus, placements are strong, with reputed companies offering diverse roles and competitive packages.

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MEGHAL PANCHORI
MEGHAL PANCHORI
5.0Helpful
Reviewed on Sep 4, 2025(Enrolled 2021)

Placement Experience:

In our college placements start from fourth year and because top quality PPOs are provided due to intenrship we get placed easily. Also, we have various things to do at our campus when it comes to placements. Our CV has to be with atleast 8 internships done by the end of 4th year only then do we stand eligible for the same.
...Read More
Nalin Kathuria
Nalin Kathuria
3.9Helpful
Reviewed on Jul 1, 2025(Enrolled 2023)

Student Snaps:

Placement Experience:

campus placements are really good better than most bba colleges , a student can get placed for around 4L-15L depending upon his gpa and other skills . Companies like pwc, deloitte , goldman sachs and larsen &turbo come in college for placements. Average CTC is around 6LPA where is highest package is around 15LPA. My plans after getting this degree is getting 2 years of work experience then go to abroad for my mba in finance field
...Read More
Raghav Somani
Raghav Somani
5.0Helpful
Reviewed on May 29, 2025(Enrolled 2024)

Placement Experience:

Placement cell of our college is remarkable and also we are assisted from second semester itself. Corporate activities and projects are given to us every semester. Highest package for BBA was of 24 lakhs when DE Shaw inked a student for that much and average stands at 6-7 lakhs at this point.
...Read More
College Ninja
3.9Helpful
Reviewed on Feb 12, 2025(Enrolled 2024)

Placement Experience:

For mpstme the placements are quite strong especially with its given reputation and the amount of opportunities it offers in india as well as outside india , companies like JP MORGAN , KOMG , infosys , TCS , wipro are recruiting here. With placement rate above 80% and highest package being 25Lakhs and average 10-13lakhs
...Read More
Review guru
4.6Helpful
Reviewed on Jan 7, 2025(Enrolled 2024)

Placement Experience:

Although I am in first year, so I am not really aware of the placements, but I hear that 80-90% of the students get the placement offers around 4-10 lakh per annum. if no campus placement is offered to me, then I have would probably search for cooperative financial service or have my masters in finance or the start preparing for CFA so I have side degree with bachelors which will give me opportunity for jobs in financial sector. Also many companies have offered placements like federal bank, Sapio analytics, sutherland global services, hexagon nutrition ltd, dalmia group and many more.
...Read More
Anonymous
4.7Helpful
Reviewed on Jan 4, 2025(Enrolled 2020)

Placement Experience:

The campus placemtn procedure begins in the 4th semester itself that is the end of the 2nd year, the college's placement team offers a very comprehensive training program that trains the students in both technical and soft skills. Followed by this the companies start coming in for Internships and Full time opportunity. The previos year companies like KPMG, EY, Mondelex offered roles to students as consultants and trainees.
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College Ninja
4.4Helpful
Reviewed on Dec 29, 2024(Enrolled 2020)

Placement Experience:

The placement is quite good, the statistical reason for being good is that it has average 8 LPA which many college can't afford besides this there is also good support and advisory from Placement Cell.
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Bhushan Patil
5.0Helpful
BA, Indian Music
Reviewed on Dec 19, 2024(Enrolled 2022)

Placement Experience:

College provide so many placements in every field and also good companies and very well pakage also last sem students are eligible for placements and demand of students ofvthis college is good 90% students placements
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Arpita Karmakar
Arpita Karmakar
4.3Helpful
Reviewed on Dec 18, 2024(Enrolled 2021)

Placement Experience:

Placement opportunities are given in the last year of the 4 year course. A semester is dedicated to internships in the last year as well as students are encouraged to intern in an NGO in their penultimate year. Multiple MNC's such as PwC, Walmart etc. visit the college for placement opportunities
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Review Rebel
3.4Helpful
B.Com {Hons.}, General
Reviewed on Dec 16, 2024(Enrolled 2020)

Placement Experience:

Students become eligible for campus placements from the third year. The highest package offered was 7 lakhs pa. Companies like Deloitte, icici bank etc come for placements. You have to have a cgpa of 3.5 and above for placements.
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NMIMS Mumbai: 26 Answered Questions

Is NMIMS's average salary really above 16L Rs.?

Karishma Khatri
Advait JoshiLives in Mumbai, Maharashtra, India

Yes, it's true that NMIMS's average salary is above INR 16 LPA. In the 2023 MBA placements of NMIMS, around 36% of the batch were placed through PPOs. The highest package stood at INR 67.80 LPA whereas the average package stood at INR 26.63 LPA. Here are the salary-wise placements for the batch 2023 at NMIMS Mumbai:

Salary Statistics

CTC Offered

Top 10% Average Package

INR 40.41 LPA

Top 20% Average Package

INR 36.50 LPA

Top 30% Average Package

INR 34.39 LPA

Top 40% Average Package

INR 32.53 LPA

So yes, NMIMS average package is really above INR 16 LPA!

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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.

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0

How honest are the non-IIM MBA colleges (SPJIMR, NMIMS, SIBM, XLRI) when they say their average package is 12-15L?

Falguni GuptaMBA Supply Chain Management & Strategy and Management Consulting, S. P. Jain Institute of Management and Research

SPJIMER, SIBM, and XLRI placement reports are pretty accurate. Rather than the typical average/median CTC method,  SPJIMER publishes its placement report in IPRS format. Every figure mentioned in the placement report is true to the 2nd decimal point. 

XLRI and SIBM also keep the placement report transparent. SIBM gets its placement audited regularly. As per the 2022 placement highlights, the average CTC for SPJIMER, SIBM, and XLRI were INR 23.6 LPA, INR 23.06 LPA, and INR 30.73 LPA respectively. 

NMIMS inflates the report. The numbers are quite high. 

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Can I expect a placement after studying BBA at NMIMS??

Ahana Bhaduri
Disha MittalB.Sc. Finance, SVKM's NMIMS (2018)

The placement scenario is quite good at NMIMS Mumbai. According to the reviews online, they provide ample opportunities for jobs in MNC’s. Lots of reputed companies visit the campus during their placement process choosing the deserving candidates. Hence the competition is usually high.

But the one thing that students have shown their concern about are the salary packages offered. The data in the website is said to be inflated to attract more candidates. But in a more true sense the salary packages are really less than portrayed. The college claims to provide an average salary package ranging from 15-16 LPA, mostly the students are offered 9-10 LPA.

The course BBA is really good and full of opportunities, but it is suggested that you complete MBA also to get a better salary package from a reputed company like KPMG, EY, American Express, ICICI Bank, etc. They have a highly experienced faculty, so  you will get to learn a lot.

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How is NMIMS currently? What is the placement package?

Sritama DuttaMBA Marketing, SVKM's NMIMS (2020)

NMIMS Mumbai is one of the most reputed B-Schools in the country. It is well-established and has a significant industry reputation. It has a vast alumni base, great faculties, and excellent placement statistics. As it is located in Mumbai, students get great industry exposure. 

It is mostly known for its Marketing, Finance, IT, and Operations specializations. Companies also offer general management roles in the placement drive. But due to the vast batch size, only a handful of people can get such opportunities. In terms of ROI, it is a bit expensive compared to the other B-Schools in the same league. The living cost of Mumbai plays a huge role in that. 

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How are the placements at other B-schools like S.P Jain, JBIMS, NMIMS, SIBM and XLRI compared to the IIMs? Is it worth joining these institutes?

Radhika KalyanMBA Supply Chain & Business Analytics, S. P. Jain Institute of Management and Research (2017)

Although all the institutes offer good placement to its students, a comparative analytical report based on points would be helpful for you to decide which institute to choose for your higher studies.

XLRI:

  • Some of the top recruiters who offer internship and job opportunities to the XLRI students are Aditya Birla Group, Amazon, Microsoft, are ITC, JP Morgan, Ramco Systems, Accenture, Sapient, ATG Tires, Lodha Group, RPG, Udaan, P&G, Colgate Palmolive, Ola, Myntra, Samsung, C K Birla, Power Finance Corporation among others.

  • The highest and medium salary packages remain to be around 50 LPA and 12-15 LPA.

IIML:

  • It offers 100% placement to its students.

  • The top recruiters are JCB India, Bosch, Apparel group, Tolaram Group, RPG Group, and more.

  • The highest and the medium salary range remain to be around 54 LPA and 23 LPA.

IIMK:

  • Students at IIMK get 98% placement and the highest and the medium salary package remains to be around 40 LPA and 18 LPA.

  • Some of the top recruiters who offer internship and job opportunities are Cognizant, Wipro, Amazon, Airtel, City Bank, Deloitte, Nestle, Bosch, Microsoft, Raymond, and more.

SIBM Pune:

It was ranked 6th by Outlook India in 2020.

  • The top recruiters who offer placement to the students are Axis Bank, Flipkart, Diageo, KPMG, Capgemini, HDFC Bank, Mahindra CIE, ITC, and more.

  • The highest and the medium packages are 34 LPA and 18 LPA.

NMIMS:

NMIMS has ranked 2nd among the top BBA colleges of India by India Today in 2020.

  • Top recruiters of NMIMS students are IBM, Johnson, and Johnson, Deloitte, ICICI, HDFC Bank, Cadila, Mankind, Accenture, Amdocs, Bajaj Finserv, Aditya Birla Group, Alkem, Cipla, and more.

  • The highest and medium salary packages remain to be around 30 LPA and 17 LPA.

JBIMS:

  • Students receive job opportunities from various companies such as Mahindra Group, TATA Group, The Boston Consulting Group, Reliance Industries, Godrej consumer products, and more.

  • The highest and medium packages that are offered are 32 LPA and 26 LPA.

These are the major placement related details that you should be taking into account while deciding whether you want to join any of these institutes or not.

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What is the average salary package after doing an MBA from NMIMS?

Rituparna Nath
Anuraag DasStudied at MBA from NMIMS (2020)

The average salary package after completing an MBA from NMIMS depends on various factors such as

  • Work experience of the applicant
  • Academic background
  • Industry they are entering

As per official data, the NMIMS MBA Average package 2023 was recorded at INR 26.63 LPA. The discipline-specific average packages of MBA programs offered at NMIMS are

  • MBA Core: INR 23.07 LPA
  • MBA HR: INR 19.40 LPA
  • MBA Tech: INR 8.85 LPA

However, it's important to note that this is just an average, and some graduates may earn more or less depending on their individual circumstances.

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How is the placement at NMIMS Mumbai? I have heard that they show inflated figures in their website.

Sakshi MathurB.Tech in Computer Science and Engineering, Indian Institute of Technology, Bombay (IITB) (Graduated 2017)

Placements at NMIMS Mumbai are overall good and they are especially appealing in the finance domain. Like any other B school, NMIMS also projects an optimistic view of the salary figures that are sometimes slightly inflated but they are not factually wrong.

Connecting with past NMIMS students can get you a better idea of the actual figures. I also contacted my friend who was in the NMIMS 2016 batch. The average CTC around that time was 12 LPA which was pretty good considering the huge batch size of core MBA. The highest CTC that year stood at 32 LPA whereas the lowest stood at 8-8.5 LPA.

Sector-wise, the average CTC of Marketing was higher than the institute's average. In addition due to lower strength in Operations, they also fared well in placements. The students in Operations were able to get the desired job easily. The placements did not face any major issue except that the in the last round packages offered were as low as 8-10 LPA when around 100 students were left unplaced.

International roles were offered by Goldman Sachs, GE, Aliaxis group & few other companies. But the postings were mostly short-term in nature wherein you have to spend 3-3 months only.

Overall I think the placements are decent but might deteriorate with the increasing batch size and fees.

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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!

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What is the minimum package offered to the MBA graduates at SIBM pune and NMIMS?

Ayushi TiwariStudied BBA from SVKM's NMIMS

The minimum package offered to the MBA graduates is not revealed by any of the institutes in their placement reports. The only way to get that is to talk through students who can say through their experience which may or may not be accurate. 

The table below will however give you the highlights of the placement process conducted by each of these institutes for their MBA batches of 2018-20.

Parameters 

SIBM Pune

NMIMS MBA

NMIMS MBA-HR

Number of recruiters

More than 90

148

29

Highest CTC

INR 34.26 LPA

INR 58.61 LPA 

INR 22 LPA

Average CTC

INR 20.14 LPA

INR 18.33 LPA 

INR 14.98 LPA

Based on these statistics, you can get a fair bit of idea of the salaries to expect from these institutes and will help you to set your expectations.

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View All Questions and Answers

NMIMS Mumbai Alumni Distribution by Sector

Support 50%
Media and Communication 49%
Accounting 3%
Business Development 0%
Sales 0%

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Frequently Visited Companies

Companies
AmazonBank of AmericaCiscoCognizant
FlipkartGenpactIBMJohnson & Johnson
Mu SigmaSchlumbergerAccentureBarclays Bank
DeloitteDeutsche BankGoldman SachsGoogle
HDFC BankHSBC BankITCMicrosoft
VMwareHero MotocorpPepsico Holdings (I) Pvt. Ltd.Tata Power

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Comments


Found 2 Comments

S
siddhi singh
Mar 26, 2024 11:14
Does NMIMS Mumbai have good placement?
S
Sweta Kumari
Mar 28, 2024 16:42

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.

V
vidhi sharma
Mar 22, 2024 18:36
Which NMIMS is better in terms of Placement?
A
Ashish Ramtari
Mar 23, 2024 07:51

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. 


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