NMIMS School of Business Management, Mumbai
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SBM NMIMS Mumbai Courses & Fees 2025

Map Pin IconVile Parle West, Mumbai
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  • Private Institute
  • Estd. 1981
Dark Clock Icon Last updated on 6 Nov '25

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NMIMS School of Business Management, Mumbai Courses & Fees 2025

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CoursesTuition FeesEligibility
MBA/PGDM(8 courses)
16 L - 27 LGet Fee Details
Graduation : 50 %
Exams : NMATMAH CET
PG Diploma(1 course)
– / –
Ph.D.(1 course)
– / –
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Commonly asked questions
On Fees and Eligibility
Q:   What is the cut off marks for NMIMS Mumbai?
A: 

NMIMS Mumbai admission to the MBA course is based on NMAT scores. In 2024, the overall NMAT cutoff score for NMIMS Mumbai was 248. To know more about NMIMS Mumbai cutoff, click here

Q:   How are students selected at NMIMS Mumbai?
A: 

NMIMS Mumbai selection criteria is mainly entrance-based and done based on the scores secured by a student in the accepted entrance test. Check below the detailed NMIMS Mumbai selection criteria for some popular courses:

Popular CoursesSelection Criteria
MBANMAT + WAT + GD & PI
BBANPAT + PI
BTechNMIMS CET/ SAT India/ ACT
BA LLB (Hons)NMIMS-LAT/ CLAT
BPharmaNMIMS-CET
MCAPI
LLMCLAT
BComNPAT
MPharmaNMIMS Written Test/ GPAT + PI
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

NMIMS School of Business Management, Mumbai Fee Structure 2025

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Commonly asked questions
On Fees Breakdown
Q:   How much is fees for MBA at NMIMS School of Business Management?
A: 

The total tuition fee for NMIMS School of Business Management MBA ranges between INR 6 lakh and INR 24 lakh. Check below fee for some of the MBA specialisations:

Course NameTotal Tuition Fee
GeneralINR 11.95 lakh
Pharmaceutical ManagementINR 19.2 lakh
Human ResourcesINR 19.2 lakh
Business AnalyticsINR 24.04 lakh
Healthcare ManagementINR 19.2 lakh

 

Q:   What is the application fee for MBA at NMIMS SBM Mumbai?
A: 

Students who wish to enroll in NMIMS SBM Mumbai MBA programme must fill out online application form. The from can be accessed by visiting institute's online admission portal. Once form is filled out students must pay application fee of INR 2800. This fee is inclusive of GST and non-refundable under all circumstances.

Note: The above mentioned fee is as per official sources. However it is subject to change.

Q:   What is the ranking of SBM NMIMS for its MBA course?
A: 

NMIMS SBM Mumbai is one of the top MBA institutes in the country. It has gotten good ranking by different ranking bodies. Tabulated below is the ranking bodies that have recognised and provided a rank to SVKM NMIMS in 2023 for its MBA programme:

Ranking BodyRank '24
Business Today8
Q:   What is the fee for PhD at NMIMS Mumbai?
A: 

NMIMS Mumbai PhD fee for all the years of course ranges between INR 3.76Lacs- INR 7.5 lakh. This is a tuition fee, which is valid for all the PhD specialisations. However, this fee is taken from unofficial sources and hence, is indicative. Students are requested to visit the official website to get more details on the NMIMS Mumbai PhD fee. There might be other fee components that are required to pay by the candidates at the time of admission. 

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SBM NMIMS Mumbai
Students Ratings & Reviews

4.2/5
Verified Icon154 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
All the reputed companies like Goldman Sachs, Pidilite, Marico, Dabur, Asian Paints, and ITC, etc., visit the campus for placements.
Based on 62 Reviews
R
Rydham Khajuria Verified Icon
MBA in Pharmaceutical Management - Batch of 2023
4
4Placements4Infrastructure4Faculty4Crowd & Campus Life4Value 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
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P
Pragya Jain Verified Icon
Master of Business Administration (MBA) - Batch of 2025
2
2Placements2Infrastructure3Faculty1Crowd & Campus Life2Value 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
4Placements5Infrastructure4Faculty5Crowd & Campus Life4Value 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
4Placements5Infrastructure4Faculty4Crowd & Campus Life4Value 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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A
AnonymousVerified Icon
MBA in Digital Transformation - Batch of 2026
4
4Placements4Faculty4Value 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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S
Sahil Mantri Verified Icon
Master of Business Administration (MBA) - Batch of 2025
4.6
4Placements5Infrastructure5Faculty5Crowd & Campus Life4Value for Money
Review of NMIMS School of Business Management .
Placements: The placement record of the college is very good. Almost all students get placement offers. The highest package is 67 LPA (international), and the average package is 25 LPA. Nearly 30% of students get pre-placement offers. Top roles in our course include Business Associate, Business Executive Manager, etc.
Infrastructure: A library is available for studying. Wi-Fi facilities are also available. The college organizes different fairs in collaboration with others for exciting events. The hostels are very good but separate for boys and girls. Hostel food is okay. Medical facilities are available.
Faculty: The teachers are very well-qualified, knowledgeable, and experienced. They are kind to students. Don't make them angry. The course curriculum is very good for future scenarios. Semester examinations are moderate. Almost all students pass.
Reviewed on 10 Nov 2024Read More
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View All 166 ReviewsRight Arrow Icon

NMIMS School of Business Management, Mumbai FAQs 2025

Q:   Does NMIMS School of Business Management offer Ph.D. ?
A: 

Yes,  NMIMS School of Business Management offers a PhD course in the field of Management for a minimum duration of four years and a maximum of six years. For NMIMS SBM Mumbai PhD admission, candidates need to pass the admission test conducted by the University. The selection process for SBM NMIMS Mumbai for the PhD course is two level process including a written Research Ability Test and a Critique of a Research Manuscript (subject-specific written test).

Q:   What is the NMAT exam date?
A: 

Graduate Management Admission Council conducts the NMAT exam within a particular exam timeline. Every year, NMAT exam is usually scheduled to be conducted in the last quarter of a calendar year. Candidates are able to take the exam until December. Candidates can appear for the NMAT exam three times during the testing window. Soon after taking the first exam attempt, candidates can fill the retake registration form to apply for the NMAT retake. However, one can schedule a retake of the NMAT exam 15 days after the first take.

NMAT 2026 exam dates will be revealed later.

NOTE: NMAT exam dates can vary every year. However, the timeline remains the same.

Q:   Which is the top sector during NMIMS MBA Tech placements?
A: 

BFSI sector was the top recruiting sector during NMIMS MBA Tech placement 2025. The company distribution and students placement distribution from the BFSI sector this year was 36% and 49%. 

Q:   Does SBM NMIMS have good placements?
A: 

Yes, SBM NMIMS offers good placements to its students. The key highlights of MBA, MBA HR and MBA Pharmaceutical Management placements 2024 are presented below:

Particulars

MBA Core Placement Statistics (2024)

MBA HR Placement Statistics (2024)

MBA Pharmaceutical Management Placement Statistics (2024)

Highest package

INR 67.7 LPA

INR 25.02 LPA

INR 25 LPA

Average package

INR 25.13 LPA

INR 18.64 LPA

INR 10.4 LPA

Total recruiters

168 (72 new recruiters)

46 (21)

NA

Batch placed through PPOs

37%

27%

NA

Further, the key highlights of MBA Digital Transformation and MBA Business Analytics placements 2023 are presented below:

Particulars

MBA Digital Transformation Placement Statistics (2023)

MBA Business Analytics Placement Statistics (2023)

Highest package

INR 26.13 LPA

INR 26.13 LPA

Average package

INR 15.9 LPA

INR 17.85 LPA

Total companies

70

80+

Fortune 500 companies

20

25

 

Q:   Is NMIMS Mumbai good for MBA placement?
A: 

As per the placement data given on the official website of NMIMS Mumbai MBA coruse, there can be seen a good hike in the placement records of the institute from the past year. The MBA in HR, Core and Tech have received the highest number of placement oppotunities by the top recruiters of the field. In the year 2023, the highest package was stood at INR 25.95 LPA (domestic) and INR 67.80 LPA (international). Find below the key highlights of NMIMS Mumbai for the School of Business Management MBA placements 2023 are presented below:

Particulars

Placement Statistics (2023)

MBA Core the highest package

INR 67.80 LPA (international)

MBA Core average package

INR 26.63 LPA

MBA Core PPO percentage

36%

MBA Core companies visited

148

MBA HR the highest package

INR 25.95 LPA

MBA HR average package

INR 19.56 LPA

MBA HR PPO percentage

25%

MBA HR companies visited

51

Q:   What is the average package offered during SBM NMIMS MBA placements?
A: 

The course-wise average package offered during SBM NMIMS MBA placements 2024 and 2023 are presented below:

Course

Average Package

MBA

INR 25.13 LPA (2024)

MBA HR

INR 18.64 LPA (2024)

MBA Pharmaceutical Management

INR 10.4 LPA (2024)

MBA Digital Transformation

INR 15.9 LPA (2023)

MBA Business Analytics

INR 17.85 LPA (2023)

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:   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 NMIMS Mumbai merit list out?
A: 

Yes, NMIMS Mumbai merit list 2025 is out for various MBA courses. Students awaiting to see their results may visit the official website of the university to check the status of their application. Students are advised to keep the login credentials ready for a smoother process. In case of any queries, students may connect with the admission desk of the university through the given number or mail.

Q:   What is average cut off marks to get admission for MBA/PGDM in NMIMS Mumbai?
A: 

NMIMS offers admission to MBA course (Part-time) on the basis of NMAT scores. Candidates seeking admission to institute must appear for the NMAT exam and qualify for the same. Going as per the last year trend, NMIMS Mumbai cutoff 2022 is 212. NMIMS Mumbai cutoff for MBA admission varies every year. There are various factors that are responsible for the change in cut off marks. Aggregate marks of candidates in the qualifying exam, number of applications received for the programme, the total number of seats available for the programme, the cutoff trend over the years and candidate’s category are few factors that determine NMAT cutoff for the institute. 

 

Q:   Is there any scholarship in NMIMS SBM?
A: 

Yes, NMIMS SBM Mumbai facilitates scholarships to its students. These scholarships are awarded to the eligible applicants after a screening procedure. Mentioned below are the offered scholarships:

  1. NMIMS Scholarship: The interested candidates can apply for this scholarship based on the need cum merit basis for part scholarship from NMIMS. The amount to be given out is decided by the screening committee after scrutinizing each application.

  2. Rotary Club of Bombay West Loan Scholarship: Candidates seeking financial aid can apply for this scholarship to avail of an interest-free loan from admission confirmation.

Q:   Are MBA admissions 2024 open at NMIMS SBM?
A: 

Yes NMIMS SBM MBA 2024 application process is ongoing. The last date for NMAT registration is Oct 10. Interested students can apply by visiting official college website. students shall ensure that they submit their application within the due date. Also admission 2023 is open for MBA in Social Entrepreneurship. 

Q:   How much percentile is required for SBM NMIMS?
A: 

SBM NMIMS offers admission in MBA programme based on NMAT scores of the candidates. In the 2024 NMAT cutoff for SBM, the overall score requirement was 248 and above. The cutoff score was same as 2024 in 2023 as well for General All India Category. Below is the NMAT cutoff for last three-years for SBM NMIMS MBA:

Section202220232024
Overall212248248
Q:   How is the faculty at SBM NMIMS?
A: 

SBM NMIMS faculty are diploma, degree, and PhD holders. SBM NMIMS has experienced and professional faculty members.  Some of the SBM NMIMS faculty details are mentioned below:

Faculty NameFaculty Details
Alaknanda MenonAlaknanda Menon has previously taught at NMIMS Mumbai, TISS Mumbai and MDI Gurgaon
Dr. Meena GalliaraDr. Meena Galliara is an alumni of TISS and a founder member of the Tata Council of Community Initiatives.
Q:   How many seats are offered for PG Diploma at NMIMS SBM Mumbai?
A: 

NMIMS SBM Mumbai offers 120 seats to PG Diploma program. The distribution of these seats is done based on students performance on an essay test and personal interview. Students must also note that before mentioned seat intake is as per official sources. However it is subject to change.

Q:   How much is the SBM NMIMS application fees?
A: 

Candidates have to pay the application fees to submit NMIMS SBM application form. The fee payment can be done through credit card/debit card/net banking. In the below table, course-wise application fees is mentioned:

CourseRegistration Charges
MBAINR 2,600 (No GST; Non-refundable)
Diploma in SE/ MBA Part-time/ PhD/ MBA Healthcare ManagementINR 2,500 (Non-refundable)

NOTE: The fee is non-refundable.

Q:   What is the salary trend witnessed during SBM NMIMS Mumbai placements?
A: 

The course-wise the highest and average package offered during SBM NMIMS Mumbai placements 2024 and 2023 are presented below:

Course

the highest Package

Average Package

MBA

INR 67.7 LPA (2024)

INR 25.13 LPA (2024)

MBA HR

INR 25.02 LPA (2024)

INR 18.64 LPA (2024)

MBA Pharmaceutical Management

INR 25 LPA (2024)

INR 10.4 LPA (2024)

MBA Digital Transformation

INR 26.13 LPA (2023)

INR 15.9 LPA (2023)

MBA Business Analytics

INR 26.13 LPA (2023)

INR 17.85 LPA (2023)

Further, the salary trends witnessed during MBA Core and MBA HR placements over the past three years are presented below:

Course

the highest Package (2022)

the highest Package (2023)

the highest Package (2024)

MBA Core

INR 57.65 LPA

INR 67.8 LPA (International)

INR 67.7 LPA

MBA HR

INR 29.09 LPA

INR 25.95 LPA

INR 25.02 LPA

Course

Average Package (2022)

Average Package (2023)

Average Package (2024)

MBA Core

INR 23.07 LPA

INR 26.63 LPA

INR 25.13 LPA

MBA HR

INR 19.4 LPA

INR 19.56 LPA

INR 18.64 LPA

 

Q:   Which is better for MBA: NMIMS SBM or Symbiosis?
A: 

Symbiosis Institute of Business Management maintained a good ranking earlier than NMIMS. However, in the NIRF 2023 rankings, SVKM's NMIMS is ranked at 21st spot and Symbiosis secured 17th spot. Going by the ranking, Symbiosis will be a better option for MBA aspirants. Furthermore, SIMS Pune MBA is INR 11.3 Lacs and NMIMS SBM fee range between INR 6 Lacs and INR 24 lakh. Aspirants can consider more factors like ROI to make a decision.

Q:   What are the courses offered by NMIMS School of Business Management?
A: 

SKVM’s Narsee Monjee Institute of Management Studies offers courses at PG, doctoral and Diploma levels. MBA is the flagship course of NMIMS School of Business Management offered in six specialisations in full-time mode. The school also offers MBA + MS Dual specialisation. Candidates can also apply for part-time MBA in Social Entrepreneurship at NMIM School of Business Management, Mumbai.

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SBM NMIMS Mumbai

Student Forum

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Answered 6 days ago

The average packages offered at NMIMS Mumbai placements are given below: 

Course

Average Package

BDes Humanising Technology (SOD)

INR 10.44 LPA (2025)

MBA Tech (MPSTME)

INR 11.5 LPA (2025)

MSc Finance (ASMSOC)

INR 7.78 LPA (2025)

BBA (ASMSOC)

INR 6.66 LPA (2025)

BCom Hons (ASMSOC)

INR 7.26 LPA (2025)

BSc Finance (ASMSOC)

INR 8.67 LPA (2025)

M

Meitankeisangbam Vasundha

Contributor-Level 10

Answered 6 days ago

The NMIMS Mumbai MBA placements have been excellent. Check out the placement details given below: 

Particulars

MBA Tech Placement Statistics (2025)

the highest package

INR 27 LPA

Average package

INR 11.5 LPA

Median package

INR 10.8 LPA

Total recruiters

133

New recruiters

39

M

Meitankeisangbam Vasundha

Contributor-Level 10

Answered 6 days ago

The highest package offered at NMIMS Mumbai placements are given below: 

Particulars

Placement Statistics (2025)

the highest Package (MBA Tech)

INR 27 LPA

the highest Package (MSc Finance)

INR 14 LPA

the highest Package (BBA)

INR 24.3 LPA

the highest Package (BCom Hons)

INR 22.55 LPA

the highest Package (BSc Finance)

INR 22.55 LPA

the highest Package (BDes)

INR 26.4 LPA

M

Meitankeisangbam Vasundha

Contributor-Level 10

Answered 6 days ago

Yes, NMIMS Mumbai MBA admissions 2026 are open. Interested students can go to the NMIMS website for online application. The NMAT registrations are also open for MBA. Students can select the preferred MBA specialisation and fill the form online.

P

Pallavi Karan

Contributor-Level 10

Answered 3 weeks ago

The NMIMS BBA admissions for the academic year 2026 are not yet open. The admissions to the BBA course at NMIMS are opened at the same time as the registration of the NPAT entrance exam. The NPAT exam dates are expected to be announced in the month of January. The information brochure for BBA admiss

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S

Saurabh Khanduri

Contributor-Level 10

Content authored by:

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Jagriti Shukla

Updated on Nov 6, 2025

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