NMIMS School of Business Management Mumbai Vile Parle West Answered Questions

NMIMS follows a structured refund policy primarily guided by UGC (University Grants Commission) norms. For the 2025-2026 academic session, the refund amount is determined by when you submit your formal withdrawal notice relative to the "last date of admission" (not necessarily the start of classes).  

Yes, NMIMS University is one of the popular university which offers courses in Engineering, Management, Science, Commerce, Computer Application and others. The university is ranked 95th by NIRF 2025 under the Overall category, 52nd by NIRF 2025 under the University category, and 24th under the Management category. The university has a strong industry interface and corporate relationships with over 1,348 companies. 

Typically, the admission cycle for MBA at NMIMS begins with the NMAT registration in August-October. The NMIMS online application also opens around August- October simultaneously. The NMAT examination takes place in November-December. After shortlisting of candidates, the Competency Assessment Test and Personal Interview rounds are conducted in January- February. The merit list is declared between February-April. After the submission of fee, the new academic session at NMIMS begins in June.

The digital era of the 21st century brings many opportunities for job roles for graduates of MBA- Digital Transformation. The job roles suited for graduates of MBA Digital Transformation at NMIMS are tech cloud planning, EPR consultant, digital consultant, product management and business analytics.

The total amount of education loan that can be availed for MBA at NMIMS various from bank to bank. Maximum amount of loan up to INR 50 Lacs at 7.90% with repayment up to 15 years can be taken from SBI. Using EMI option from Grayquest, the fee can be paid as monthly EMI payment. The interest is charged between 2.1-7.7% depending upon the number of EMIs from 3 to 12.

Yes, many banks provide education loans for MBA at NMIMS. MBA students at NMIMS can avail education loans from SBI, Bank of Baroda, ICICI, IDBI, IDFC First Bank, Central Bank of India and Bank of Maharashtra. Students also have the option of getting loans from financial institutes such as ITI Group, Credila and Grayquest.

SBM NMIMS has a special 2 year MBA programme for working executives. The name of this specialised MBA programme is MBA–Nex. It had inception in 2011. It is specially designed for executives who want to acquire a professional education without taking a break in their career. MBA-Nex offered by SBM NMIMS has an updated curriculum with modern pedagogic approach.

It is compulsory for the NMIMS MBA students to spend 6-8 weeks on a summer project between the first and the second year of the NMIMS MBA. A viva is conducted at the end of the internship by the faculty mentor. It is mandatory to clear the viva for progressing to the second year.