NMIMS School of Business Management, Mumbai
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SBM NMIMS Mumbai MBA Courses & Fees 2026: Admission, Selection, Scholarship, Placements

Map Pin IconVile Parle West, Mumbai
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  • Private Institute
  • Estd. 1981
Dark Clock Icon Last updated on 14 Sep '26

SBM NMIMS Mumbai MBA/PGDM
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Sep 21, 2026
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NMIMS SBM MBA Highlights 2026

iconReturn on Investment
Total Tuition Fees 16L - 27L
iconEligibility Criteria
Accepted Exam
  • NMAT
  • MAH CET
  • +1 more
  • Graduation score50%
    iconOfficial MBA/PGDM Ranking
    Business Today '24#8
    The Week '25#11
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    Commonly asked questions
    On Highlights
    Q:   How much does NMIMS Mumbai MBA cost?
    A: 

    MBA is a two-year course consisting of four semesters. NMIMS Mumbai offers various Management courses including MBA, MBA in Human Resources, MBA in Law, etc. The total tuition fee for NMIMS Mumbai MBA range between INR 16 Lakh and INR 27 lakh. However the fee range could have changed, students can visit the college's official website for exact information related to fees for MBA.

    Students can check the table below for some popular courses under MBA:

    Course NameTotal Tuition Fee
    Business AnalyticsINR 23 lakh
    Human ResourcesINR 25.5 lakh

    Pharmaceutical Management

    INR 18 lakh
    Q:   Can I take direct admission at NMIMS Mumbai MBA course?
    A: 

    To get admission in a two-year MBA at NMIMS Mumbai, candidates need to meet the eligibility criteria. Candidates with a UG degree passed with minimum 50% to 55% aggregate can apply. Admission to MBA is based on a valid score of NMAT entrance exam. For final selection, performance in competency test and PI is considered.

    Q:   Is doing MBA worthy from SBM NMIMS Mumbai?
    A: 

    Yes, NMIMS School of Business Management (SBM) is among the leading private B-schools in India. During the National Institutional Ranking Framework (NIRF) 2023, the SVKM's Narsee Monjee Institute of Management Studies has been ranked 21 under the Management category. Talking about the School of Business Management placements 2023, the average package for the MBA core course was recorded at INR 26.63 LPA, whereas the MBA HR course witnessed an average package of INR 19.56 LPA. NMIMS School of Business Management's highest package offered in 2023 was INR 67.80 LPA (international) for the MBA core course. So, yes pursuing an MBA course from NMIMS is a good option. 

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    SBM NMIMS Mumbai MBA/PGDM
    NMIMS SBM MBA Fees 2026

    Accordion Icon V3
    Fee componentsAmount (for 2 years)
    ₹ 16 L - 27 L
    ₹ 2.5 K - 3 K
    ₹ 16.02 L - 27.03 L
    Info Icon

    These are estimated fees information. Actual values may differ.

    The value for money rating of this course is 3.9/5 (165 Reviews).View placement detailsExternal Link Icon Placement Insight Icon
    Q&A Icon
    Commonly asked questions
    On MBA/PGDM Fees
    Q:   How many times is NMAT registration window facilitated?
    A: 
    GMAC facilitates NMAT registration window once every year. Registration for the NMAT exam is accepted one time in one exam session. Since candidates can take the test thrice, GMAC facilitates the NMAT retake registration window soon after the exam window starts. For an attempt over and above the regular attempt, candidates have to use the NMAT retake registration window. Besides the NMAT registration and NMAT retake registration, the candidate portal also hosts a scheduling window. This scheduling window helps candidates to choose the exam slot and exam venue. The allotment of exam slot and test centre is done on first-cum-first-serve basis.
    Q:   Can I get refunds for MBA fees paid to NMIMS Mumbai if I cancel my admission?
    A: 

    Yes, candidates can receive refunds for if they cancel their admission for MBA course at NMIMS Mumbai. These refunds are offered based on UGC norms which allow candidates to get a percentage of MBA fees paid. This percentage is based on how early a candidate cancels their admission.

    Any cancellation of admission after 30 days will result in no refunds being offered.

    Q:   How can I pay NMIMS SBM MBA application fee?
    A: 

    Candidates can pay the application fee is online mode through credit card/debit card/net banking. An application is submitted successfully only after the fee payment. Aspirants shall also keep payment receipt with them for future references. 

    Furthermore, the application is INR 2,600 (No GST) and it is also non-refundable.

    Q:   What is meant by NMAT retake window?
    A: 
    GMAC conducts NMAT with a aspirant-first approach. Candidates can appear for NMAT three times during one exam session. That means, GMAC provides one main attempt and two retake attempts for the NMAT exam. The meaning of retake of the NMAT exam implies that any applicant can attempt the test thrice, including the first attempt. In other words, the process of reappearing for the exam is known as exam retake. Candidates aspiring for a retake attempt have to apply using the NMAT retake window. However, candidates can reappear for the exam, not before 15 days after the first attempt. Similarly, third exam attempt can only be scheduled on a date 15 days after the second attempt for NMAT exam.
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    SBM NMIMS Mumbai MBA/PGDM
    Admission dates 2026

    DatesUpcoming Events
    20 Aug '26 - 10 Oct '26
    NMAT 2026 Registration WindowOngoing
    2 Nov '26 - 17 Nov '26
    NMAT 2026 Exam Window
    2 Nov '26 - 20 Nov '26
    NMAT 2026 Result Declaration
    26 Oct '26 - 17 Dec '26
    NMAT 2026 Admit Card Issuance
    DatesPast Events
    28 Jul '26 - 30 Jul '26
    MAH MBA CAP 2026 Round I - Online confirmation of Option form
    27 Jul '26
    MAH MBA CAP 2026 Final Merit List

    NMIMS SBM MBA Admission and Application Process 2026

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    Commonly asked questions
    On Application Process
    Q:   Is NMIMS School of Business Management's MBA hard to get?
    A: 

    NMIMS School of Business Management MBA admission is completely entrance-based and depends upon candidates' performance in the NMAT by GMAC scores. Final selection is done on the basis of NMAT scores, followed by a Written Analytic Test (WAT) & Personal Interview (PI). Talking about the entrance test, the level of difficulty of the NMAT exam is moderate in comparison with any other MBA entrance exam. 

    AskShikshaGPT on App
    Q:   How many seats are available for MBA at NMIMS Mumbai?
    A: 

    NMIMS Mumbai offers MBA courses at various Management schools. The university has a total seat intake of 3,095 for all its MBA courses, which is inclusive of the seat intake for its all Business schools. NMIMS School of Business Management, Mumbai is the main school of the university. Admissions are offered on a total of 990 seats at this school. 

    AskShikshaGPT on App
    Q:   What is the cutoff for NMIMS SBM MBA course?
    A: 

    NMIMS SBM Mumbai MBA admission is done based on merit in NMAT exam. Thus it is necessary that students secure a valid score in exam to take admission. Further as per last year's trends overall NMAT cutoff score for NMIMS Mumbai can be expected to be around 212. Also cutoff for General category students and it may vary for students belonging to other categories. To know more about NMIMS Mumbai cutoff  click here

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    SBM NMIMS Mumbai MBA/PGDM
    Admission cutoff 2026

    MBA/PGDM NMAT Cut Off 2024: Year-Wise score

    Section2024
    Overall248
    Info Icon  Cut-off data is indicative and not official.

    SBM NMIMS Mumbai MBA/PGDM
    Curriculum

    SBM NMIMS Mumbai MBA/PGDM
    NMIMS SBM MBA Seats 2026

    NMIMS Mumbai MBA Placements 2026

    View placement details
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    Commonly asked questions
    On Placements
    Q:   What's the actual reality of placements in the NMIMS Mumbai MBA Core programme?
    A: 

    During NMIMS placements 2024, 37% of the MBA Core students were placed through PPOs. A total of 168 companies participated in the placement process, including 72 new recruiters. The institute also witnessed the participation of 68 Fortune 500 recruiters. Check the complete insights of NMIMS MBA placements 2024 from the table below:

    ParticularsMBA Core Placement Statistics (2024)
    Highest packageINR 67.70 LPA
    Average packageINR 25.13 LPA
    Top 10% package

    INR 40.60 LPA

    Top 20% package

    INR 37.10 LPA

    Top 30% package

    INR 34.40 LPA

    Top 40% package

    INR 32.10 LPA

    Batch placed through PPOs 37%
    Fortune 500 recruiters68
    Total recruiters168
    New recruiters72
    Q:   Is SBM NMIMS Mumbai good in terms of placements?
    A: 

    Yes, SBM NMIMS Mumbai is good in terms of placements. The key highlights of MBA and MBA HR placements 2026 are presented below:

    Particulars

    MBA Core Placement Statistics (2026)

    ParticularsMBA HR Placement Statistics (2026)

    Highest Salary

    INR 41.28 LPA

    Highest PackageINR 31.16 LPA

    Average Salary

    INR 24.6 LPA

    Average PackageINR 19.08 LPA

    Companies Visited

    190

    Top 10% Average PackageINR 25.69 LPA

    New Recruiters

    69

    Top 20% Average PackageINR 23.97 LPA

    Average Salary for top 10%

    INR 31.25 LPA

    Top 30% Average PackageINR 23.09 LPA

    Average Salary for top 20%

    INR 28.92 LPA

    Top 40% Average PackageINR 22.67 LPA

    Average Salary for top 30%

    INR 27.02 LPA

    Companies Visited37

    Average Salary for top 40%

    INR 25.58 LPA

    New Recruiter10
    Q:   Which is the top sector during NMIMS Mumbai MBA placements?
    A: 

    BFSI was the top sector in terms of company distribution during MBA Tech placement 2025. The company distribution from this sector was 37%. FMCG, E-Comm, Conglomerate and Consulting placed the most number of MBA Tech students in 2025.

    BFSI was the top recruiting sector during MBA Core placements 2024. The University has also released the on-campus and PPO bifurcation for various sectors. The table below depicts the PPOs and on-campus placement percentage for NMIMS MBA Core placements 2024:

    SectorMBA Core: PPOMBA Core: On-Campus
    BFSI41%59%
    Consulting38%62%
    Conglomerate, Manufacturing, Power, Oil & Gas, Aviation33%67%
    FMCG, FMCD & Retail57%43%
    IT/ Analytics, Pharmaceuticals, Media & Telecom, Real Estate24%76%
    Start-ups, Logistics & E-commerce20%80%

    The sector-wise placement percentage for MBA HR has also been released, which is illustrated below:

    SectorMBA HR: PPOMBA HR: On-Campus
    BFSI30%70%
    Consulting7%93%
    Conglomerate, Manufacturing, Power, Oil & Gas, Aviation36%64%
    FMCG, FMCD & Retail20%80%
    IT/ Analytics, Pharmaceuticals, Media & Telecom, Real Estate45%55%
    Start-ups, Logistics & E-commerce-100%

    SBM NMIMS Mumbai MBA/PGDM
    Rankings 2026

    Top online MBA/PGDM courses offered by SBM NMIMS Mumbai

    SBM NMIMS Mumbai MBA/PGDM
    Comparison with similar colleges

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    Compare MBA/PGDM at SBM NMIMS Mumbai with other similar colleges

    CollegeMedian SalaryTotal Tuition FeesRanking
    -/-₹ 16 L - 27 L#9 Business Today, 2025
    ₹ 27 LPA₹ 19.2 L - 26.2 L#11 NIRF, 2025
    ₹ 26.25 LPA - 29 LPA₹ 15 L - 57.17 L#10 NIRF, 2025
    -/-₹ 23 L - 27 L -/-
    ₹ 10 LPA₹ 22 L - 23 L -/-
    -/-₹ 17.01 L#22 Business Today, 2025
    The values are of the latest years available with Shiksha. For more details, check detailed comparison
    View comparisons
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    SBM NMIMS Mumbai MBA/PGDM
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    SBM NMIMS Mumbai MBA/PGDM
    Students Ratings & Reviews

    4.2/5
    Verified Icon153 Verified ReviewsInfo Icon
    Placement Review IconPlacements4.2
    Infrastructure Review IconInfrastructure4.5
    Faculty Review IconFaculty & Course4.4
    Crowd Review IconCampus Life4.1
    Money Review IconValue for Money3.9
    What students say about NMIMS School of Business Management, Mumbai
    Placements
    Infrastructure
    Faculty
    Other
    LikesView All
    Top companies including GS, JP Morgan, ITC, Pepsico, Dabur, etc., visit the campus for placements.
    Based on 74 Reviews
    R
    Rydham Khajuria Verified Icon
    MBA in Pharmaceutical Management - Batch of 2023
    4.0
    4.0Placements4.0Infrastructure4.0Faculty4.0Crowd & Campus Life4.0Value for Money
    My review about this college.
    Placements: It is regarded as one of the best colleges in terms of placement and job opportunities. Job placement is amazing. The average placement is around 7 LPA-8 LPA. GSK and Boehringer Ingelheim offered 8 LPA, Sanofi and DRL offered 10 LPA, while Sun Pharma offered 7 LPA. Abbott offered 7.5 LPA. You name the Pharma company and it visits campus. Roles offered include sales executive, marketing trainee, marketing associate fellow, junior project manager, junior analyst, and management trainee. Projects range from different assignments in sales, to target, and deadline-based tasks.
    Infrastructure: The hostel facility is amazing and appreciable. The rooms are maintained like in a 3-star hotel and the food provided in the mess is no less. The rooms are shared between 4 people, individual single beds with individual cupboards and study desks, equipped with AC if needed and 24-hour electricity backup.
    Faculty: The curriculum is grueling and very personal. The professors will get into your personal lives to make sure you become a confident and knowledgeable person. The best part is fieldwork. The faculty members are alumni of esteemed business schools from all over the globe with in-depth knowledge. The faculty is not only qualified and interested to teach, but they even groom you for the real world and situations. All you have to do is keep an open mind and be open to being influenced by your professors. They might get into your business but they want only the best. Exams are conducted twice a year April/May and November. There are a total of 6 semesters for full-time management. The first year is a general program for all and next year student can opt for a specialization of their own choice.
    Reviewed on 30 May 2025Read More
    Thumbs Up IconThumbs Down Icon
    P
    Pragya Jain Verified Icon
    Master of Business Administration (MBA) - Batch of 2025
    2.0
    2.0Placements2.0Infrastructure3.0Faculty1.0Crowd & Campus Life2.0Value for Money
    NMIMS College review based on my experience.
    Placements: Placements are not that good. In the start, they offer good placements but no good companies come for the same. According to the fees, placements are not that effective. It is suggested to try off-campus placements. There are no such top recruiting companies.
    Faculty: Semester exams are moderate and not that much difficult. If we are prepared well and have gone through books once then we can appear well for the exam without any difficulty. The course curriculum does not make students industry-ready as it does not provide real-life explanations and no projects based on reality. It is more theoretical-based rather than practical-based. There is no real-life explanation in the course. Lectures are recorded and then uploaded on our portals. We can access them at any time. The suggestion is to read from books for conceptual clarity and to know about the subject.
    Other: There is no campus life as such. But we can connect through WhatsApp to students depending on our particular communication skills.
    Reviewed on 14 Apr 2025Read More
    Thumbs Up Icon(1) Thumbs Down Icon1 person found this helpful
    K
    Kriti Gupta Verified Icon
    Master of Business Administration (MBA) - Batch of 2025
    4.4
    4.0Placements5.0Infrastructure4.0Faculty5.0Crowd & Campus Life4.0Value for Money
    It has a good course curriculum and a plethora of opportunities.
    Placements: There are 100% placements in college. A lot of major companies visit campus including Microsoft and Google. Students with work experience have an edge over freshers when it comes to final placements but still have access to great opportunities and roles.
    Infrastructure: The campus is no less than a 5-star hotel. It is always well-maintained and well-lit. There is excellent Wi-Fi connectivity throughout the campus. The library is huge and the go-to place for many students particularly in the exam season. The canteen provides all kinds of cuisines. Sports area is also available.
    Faculty: Most of the faculty are PhD holders with an enriched knowledge base. Faculty members are extremely helpful and approachable for any doubts. It has world-class teaching materials with real-life case studies, which are implemented to inculcate a sense of decision-making in MBA grades as future managers.
    Reviewed on 26 Mar 2025Read More
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    R
    Riya Maheshwari Verified Icon
    MBA in Business Analytics - Batch of 2024
    4.2
    4.0Placements5.0Infrastructure4.0Faculty4.0Crowd & Campus Life4.0Value for Money
    My best experience in this college.
    Placements: The company provides internship opportunities for various profiles and roles. A stipend is also provided interesting and engaging products are offered. As the listener we have been able to analyze that this college provides the best opportunity available in the market. Opportunities are almost as same with the students. As students get the almost flexible to every company setup and working atmosphere they almost crack all the GDPI grounds. Endurance, Barclays, and many more are some of the top-paying companies that visited our college. Many students got internships as well, but I am not aware of the percentage.
    Infrastructure: The syllabus is updated and equipped with the best of industrial exposure through webinars. Faculty members are always helpful. They are always available for you. They explain everything based on practical situations. The hostel is really good. The food compared to other hostels is nice. Rooms are big. There's a gym with two trainers. There's also a game room in the hostel along with a consumer shop that has snacks and stationery for students. It's open till 12 at night. There's a night canteen in a hostel for students which serves maggi and other food items.
    Faculty: The course structure and function are very good. Faculty members are very helpful and supportive. They always clear their doubts during the classes and doubt sessions as well. It was a great experience. Overall learning from this particular institute. There are 8 terms. Business management ~ specialisation ~ specialisation ~ specialisation ~ captstone project ~ industry project ~ industry project.
    Reviewed on 7 Mar 2025Read More
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    S
    Sahil Mantri Verified Icon
    Master of Business Administration (MBA) - Batch of 2025
    3.8
    4.0Placements4.0Infrastructure3.0Faculty4.0Crowd & Campus Life4.0Value for Money
    I am disappointed because of the faculty's behaviour.
    Placements: The percentage of students who are placed in our course is 70%. The lowest package is 3 LPA, the average package is 7 LPA, and the highest package is 12 LPA. Many reputed companies visit our college and collaborate for recruitment.
    Infrastructure: Facilities available for our department are very satisfying. Labs and classrooms are properly maintained and cleaned daily. There is a vast collection of books and journals in the well-stocked library. Multiple sports and medical facilities are available.
    Faculty: Teachers are very experienced and knowledgeable, but they are not very helpful. They become angry if doubts are repeatedly asked. The teaching quality is good. Also, the staff has a bit of a rude behavior towards the students. The semester exams are not difficult if studied.
    Reviewed on 28 Feb 2025Read More
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    A
    AnonymousVerified Icon
    MBA in Digital Transformation - Batch of 2026
    4.0
    4.0Placements4.0Faculty4.0Value for Money
    Loved my experience overall
    Learning Experience: The training experience was amazing and got to learn different areas of digital technology and got amazing internship opportunity.
    Placements: Great placements opportunity.
    Faculty: The staff support is good and are good when it comes to delivering lectures
    Reviewed on 22 Feb 2025Read More
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    NMIMS SBM MBA Scholarships 2026

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    Q&A Icon
    Commonly asked questions
    On Scholarships
    Q:   Are there any scholarships or grants for MBA students at NMIMS SBM Mumbai?
    A: 

    Yes, at NMIMS SBM Mumbai, students enrolled in the MBA programme are offered multiple scholarships to avail. Students can apply for various scholarships provided by the central university, including Merit-Cum-Means Scholarship For Professional And Technical Courses, Post Matric Scholarship Schemes Minorities, etc. Apart from these, students enrolled in full-time MBA courses are eligible to apply for scholarships provided by the Mirae Asset Foundation.

    Q:   What is the eligibility to apply for Mirae Asset Foundation scholarships offered to MBA students at NMIMS SBM Mumbai?
    A: 

    Students who are a part of the full-time NMIMS SBM Mumbai MBA courses are offered scholarships by the Mirae Asset Foundation. Those who wish to apply must satisfy the below-mentioned eligibility requirements:

    • Candidates should have an annual family income below INR 8 lakh
    • Candidates must produce an Economically Weaker Section (EWS) Certificate
    • Candidates must have taken educational loans from nationalised or private banks
    Q:   How much education loan can I get for NMIMS MBA?
    A: 

    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.

    Q:   Can I get education loan for MBA at NMIMS?
    A: 

    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.

    qna

    SBM NMIMS Mumbai

    Student Forum

    chatAnything you would want to ask experts?
    Write here...

    Answered 2 days ago

    NMIMS Mumbai offer decent placements to its MBA students annually. Recently, average package secured by MBA Core batch 2026 stood at INR 24.6 LPA, while the highest package recorded at INR 41.28 LPA. Take a look at the average CTC offered to MBA Core and MBA HR batch 2026 form the table below:

    Average Package

    MBA Core Batch 2026

    MBA HR Batch 2026

    Top 10%

    INR 31.25 LPA

    INR 25.69 LPA

    Top 20%

    INR 28.92 LPA

    INR 23.97 LPA

    Top 30%

    INR 27.02LPA

    INR 23.09 LPA

    Top 40%

    INR 25.58 LPA

    INR 22.67 LPA

    39519231
    Shoaib Mehdi

    Contributor-Level 10

    Answered a week ago

    Yes, SBM NMIMS is ranked by NIRF in the 24th in the Management category. It is a prestigious management college located in Mumbai. This ranking is as per 2025, rankimng of 2026 has not been released.

    R

    Raj Priya

    Contributor-Level 10

    Answered 2 weeks ago

    Yes, NMIMS Mumbai offer Mirae Asset Foundation (MAF) Scholarship for MBA students.  This is for MBA students of economically weaker sector (EWS) whose family income is under INR 8 lakh. Only 10 Students can avail INR 3 Lacs each in this scheme. Total fund allocate for this is INR 30 lakh.

    39519231
    Shoaib Mehdi

    Contributor-Level 10

    Answered 3 months ago

    No, JEE is not required for NMIMS Navi Mumbai admissions. The university much like other NMIMS campuses accepts NMIMS CET/ NPAT/ NLAT or SAT/ ACT for admission to its courses. For BTech and BTech + MBA admissions, NMIMS CET/ SAT/ ACT are required. JEE Main is neither accepted nor required.

    A

    Aishwarya Malhotra

    Contributor-Level 10

    Answered 2 months ago

    No, the NPAT/NCET / NLAT / MST registration for admission into NMIMS Mumbai for the academic session 2026 is closed. The merit lists and counseling call letters for NMIMS Mumbai admissions were subsequently declared in June 2026.

    R

    Raj Priya

    Contributor-Level 10

    Content authored by:

    author image
    Anya Singh

    Updated on Sep 14, 2026

    SBM NMIMS Mumbai
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    SBM NMIMS Mumbai
    Contact Information

    Address

    SVKM’s NMIMS, V. L. Mehta Road
    Mumbai ( Maharashtra)

    Phone
    18001025138

    (For general query)

    02242355555

    (For admission query)

    Go to College Website ->