SBM NMIMS Mumbai Courses & Fees 2025

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).

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.

MBA Tech average package in 2025 was 11.5 LPA. For BDes, the average package this year was 10.44 LPA. For MSc Finance, BBA, BCom Hons and BSc Finance courses, average package in 2025 was 7.78 LPA, 6.66 LPA, 7.26 LPA and 8.67 LPA. For other courses, average package in 2024 is mentioned below:

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:

To know which is a better choice students must weigh both options based on important factors such as fees and highest salary. As per official sources fees to pursue MBA at NMIMS SBM Mumbai range from INR 13 Lacs and INR 25 lakh and fee to pursue MBA at KJ Somaiya Institute of Management is INR 21.34 lakh. In terms of fees KJ Somaiya Institute of Management is a better choice.

as per placement data available on Shiksha highest salaries given to MBA students at NMIMS SBM Mumbai and KJ Somaiya Institute of Management are INR 67.7 LPA and INR 28.25 LPA. In terms of package MBA from NMIMS SBM Mumbai is a better choice.

Note: The above information is taken from various official sources. Hence it is indicative.

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

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.

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:

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.

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

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

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.

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.

Yes, SBM NMIMS Mumbai is good in terms of placements. The key highlights of MBA and MBA HR placements over the past three years are presented below:

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

SBM NIMIMS offers good placements to its students. The sector-wise PPOs Distribution and On-Campus placement distribution recorded during MBA Core and MBA HR placements 2024 are presented below:

Yes, NMIMS SBM Mumbai offers a PG Diploma programme specialising in Social Entrepreneurship. Tabulated below are the key highlights of this programme:

Note: The above information is taken from official sources. However, it is subject to change.

NMIMS School of Business Management admission is entrance-based for most of the courses. Candidates seeking admission must visit the official website of the institute to apply online. NMIMS SBM only accepts NMAT scores for admission to the MBA courses, so students need to apply for NMAT first. In the next step, students need to register separately at the NMIMS University website. Registered candidates are then required to appear for the NMAT entrance test. Basis on candidates' performance in the entrance test, NMIMS SBM will release the merit list of selected students for the next round i.e. Written Aptitude Test (WAT) and Group Discussion and Personal Interview (GD &PI) round. Selected candidates are then required to pay the admission fee to confirm their seats.

Candidates seeking admission to the NMIMS School of Business Management PhD course must have passed a Master's degree or a professional degree declared equivalent to the Master’s degree by the corresponding statutory regulatory body, with a minimum aggregate of 55% or its equivalent. Executive PhD (Working Executives /Teaching faculty) will require at least 5 years of full-time work experience. Candidates appearing or awaiting for final year result are not eligible to apply.

SBM NMIMS classrooms have display screens and have electronic board facilities and various other public address systems. The campus is air-conditioned and also provides the students with a large cafeteria and other recreational facilities. NMIMS Mumbai campus is the first Indian educational institution to introduce SAP. Every floor has a student lounge for team exercises and group activities.

According to the data gathered from unofficial sources, Business Development domain has placed the most no. of NMIMS School of Business Management students. The domain-wise NMIMS School of Business Management alumni placement statistics are presented below:

Note: The “Others” category includes the domains of HR, IT, Engineering, Consulting, Education, Research, Customer Success and Support, Media and Communication, Product Management and Entrepreneurship.

The above-mentioned alumni data is gathered from unofficial sources and hence may vary.