NMIMS School of Business Management, Mumbai

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SBM NMIMS Mumbai Fees 2026

Vile Parle West, Mumbai

4.2 /5

(167 Reviews)

896 Student Q&A

Private Institute
Estd. 1981

Last updated on 6 Nov '25

SBM NMIMS Mumbai Fees
What's new?

SBM NMIMS Mumbai, NMIMS University admissions 2025 are open. A few more updates are as follows:

The NMAT 2025 phase 2 exam is over for the MBA/PGDM course. Students can check their results on the official website.

SBM NMIMS Mumbai Fees

Table of contents

SBM NMIMS Fee Structure
SBM NMIMS Mumbai Scholarships
SBM NMIMS Mumbai Student Reviews

SBM NMIMS Fee Structure

There are several courses for candidates to choose from at SBM NMIMS. Courses are offered at different levels, including PG and Doctorate levels. Candidates who have been shortlisted for a SBM NMIMS course must pay the course fee, which varies from INR 50,000 - 25,00,000. Candidates are shortlisted based on their performance in the entrance tests or last qualifying exam as required for the SBM NMIMS admission process. The following page has more details on SBM NMIMS fee for various courses.

Course	Total tuition fees
MBA/PGDM (8 Courses)	₹ 16 L - 27 LGet Fee Details
PG Diploma (1 Courses)	₹ 50 KGet Fee Details
Ph.D. (1 Courses)	₹ 2.5 LGet Fee Details

The fees is for the entire duration of the respective courses.

Commonly asked questions
On Fees Overview

Q: How much is fees for MBA at NMIMS School of Business Management?

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 Name	Total Tuition Fee
General	INR 11.95 lakh
Pharmaceutical Management	INR 19.2 lakh
Human Resources	INR 19.2 lakh
Business Analytics	INR 24.04 lakh
Healthcare Management	INR 19.2 lakh

Q: Is doing MBA worthy from SBM NMIMS Mumbai?

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.

Q: What is the total tuition fee for MBA programme at NMIMS SBM Mumbai?

Once the interview process is completed, candidates who are offered NMIMS SBM MBA admissions must pay the first installment of the fee to confirm their admission. As per the fee structure, the total tuition fee to pursue MBA ranges from INR 13 Lacs to INR 25 lakh.

Note: The above-mentioned fee is taken from official sources. However, it is subject to change. Hence, it is indicative.

Q: What is the actual average salary at NMIMS Mumbai?

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)

SBM NMIMS Mumbai
MBA/PGDM Fees 2026

If you plan to enroll at NMIMS School of Business Management, Mumbai for the NMIMS School of Business Management, Mumbai MBA/PGDM, you must first become aware of the fee structure. This PG course runs in a full time/ part time mode and thus accommodates several fee components. By the latest fee policy of NMIMS School of Business Management, Mumbai, students are required to pay charges, such as hostel deposit, security deposit, and the tuition fee and more during the admission phase. The table be

Fee components	Amount (for 2 years)
Tuition The fees might include components other than tuition fees Tuition fee is calculated on the basis of 1st year. Actual amount may vary.	₹ 16 L - 27 L
Hostel The fees might include components other than hostel fees. Meal Plan is not included in mentioned fee. Hostel fee is calculated on the basis of 1st year/semester. Actual amount may vary. Mentioned Host Read more The fees might include components other than hostel fees. Meal Plan is not included in mentioned fee. Hostel fee is calculated on the basis of 1st year/semester. Actual amount may vary. Mentioned Hostel Fee is for Year 2022	₹ 6.1 L
One-time Payment One-time payment includes Registration Charges.	₹ 2.9 K
Total fee	₹ 22.13 L - 33.13 L

These are estimated fees information. Actual values may differ.

The value for money rating of this course is 3.9/5 (163 Reviews).View placement details

Get Admission Details

SBM NMIMS Mumbai
MBA/PGDM Fees Comparison

Colleges	Tuition Fees	Hostel Fees
SBM NMIMS Mumbai	16 L - 27 L	6.1 L
IIM Ahmedabad Compare	27.5 L	-/-
MICA Compare	28 L	-/-
NMIMS Mumbai Compare	10 L - 27 L	3.7 L - 6.1 L
NMIMS Hyderabad Compare	23 L - 27 L	-/-

The value are of the latest years available with Shiksha.

View comparisons

Commonly asked questions
On MBA/PGDM Fees

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

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: How can I pay NMIMS SBM MBA application fee?

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 the eligibility to apply for Mirae Asset Foundation scholarships offered to MBA students at NMIMS SBM Mumbai?

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: Are there any scholarships or grants for MBA students at NMIMS SBM Mumbai?

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.

SBM NMIMS Mumbai
PG Diploma Fees 2026

For enrollment into NMIMS School of Business Management, Mumbai PG Diploma, students have to apply for admission, including the payment of course fees. This PG level programme is provided in part time mode. The fee structure of the NMIMS School of Business Management, Mumbai lays down the charges, such as hostel deposit, security deposit, and the tuition fee, etc. These charges are to be paid in advanced. For clarity, the exact fee details for the NMIMS School of Business Management, Mumbai PG D

Get Admission Details

SBM NMIMS Mumbai
PG Diploma Fees Comparison

Colleges	Tuition Fees	Hostel Fees
SBM NMIMS Mumbai	-/-	-/-
K J Somaiya School of Engineering Compare	20 K	-/-
SIES Institute of Medical and Laboratory Technology	25 K	-/-
Siddharth College of Law	-/-	-/-
NMIMS Mumbai Compare	-/-	-/-

The value are of the latest years available with Shiksha.

View comparisons

SBM NMIMS Mumbai
Ph.D. fee details 2026

Fee components	Amount (for 4 years)
Tuition The fees might include components other than tuition fees	₹ 2.5 L
One-time Payment One time payment includes registration fees	₹ 2.5 K
Total fee	₹ 2.52 L

These are estimated fees information. Actual values may differ.

Get Admission Details

SBM NMIMS Mumbai
Ph.D. Fees Comparison

Colleges	Tuition Fees	Hostel Fees
SBM NMIMS Mumbai	2.5 L	-/-
MMU Mullana Compare	2.7 L	-/-
DY Patil University Pune Compare	3 L	-/-
Silver Oak University Compare	2.1 L - 2.4 L	-/-
BITS Hyderabad Compare	1.56 L	2.27 L

The value are of the latest years available with Shiksha.

View comparisons

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SBM NMIMS Mumbai
Scholarships

Scholarship 1

Scholarship for MBA (Part-Time) in Social Entrepreneurship

- NMIMS Scholarship:
Each student based on need cum merit basis will be eligible to apply for part scholarship from NMIMS. The scholarship amount will be decided by the screening committee, after scrutinizing each applicant.

-Mirae Asset Foundation (MAF) Scholarship:
MAF provides need cum merit-based part-scholarship only for PTMBA (SE) students belonging to the Economically Weaker Section (EWS). Selection of candidate and the scholars

Scholarship 2

Scholarship for Diploma Program in Social Entrepreneurship

- NMIMS Scholarship:
Each student based on need cum merit basis will be eligible to apply for part scholarship from NMIMS. The scholarship amount will be decided by the screening committee, after scrutinizing each applicant.

- Rotary Club of Bombay West Loan Scholarship:
Students in need for financial aid have to apply for interest-free loan scholarships from Rotary Club of Bombay West after confirmation of admission.

View Scholarship Details

SBM NMIMS Mumbai
Students Ratings & Reviews

4.2/5

154 Verified Reviews Info Icon

4-5
86
3-4
64
2-3
3
1-2
1

Placements4.2

Infrastructure4.5

Faculty & Course4.4

Campus Life4.1

Value for Money3.9

What students say about NMIMS School of Business Management, Mumbai

Placements

Infrastructure

Faculty

Other

LikesView All

Companies like Marico, Pepsico, Dabur, GE, Vodafone, Pidilite, and ITC, etc., visited our college for recruitment.

Based on 62 Reviews

Pragya Jain Verified Icon

Master of Business Administration (MBA) - Batch of 2025

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

(1)

1 person found this helpful

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

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

Sahil Mantri Verified Icon

Master of Business Administration (MBA) - Batch of 2025

3.8

4Placements4Infrastructure3Faculty4Crowd & Campus Life4Value 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

Anonymous

MBA in Digital Transformation - Batch of 2026

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

Preeti Batra Verified Icon

Master of Business Administration (MBA) - Batch of 2022

4Placements4Infrastructure4Faculty4Crowd & Campus Life4Value for Money

It is the best college for a Master of Business Administration course.

Placements: Placements of the previous years' MBA students were excellent. The college promises 100% placement in this particular course. The highest salary package offered is 27 LPA. The average salary package offered is 6.07 LPA. Companies that visited the campus were from all domains like marketing, IT consulting, automobile, infrastructure, real estate, etc. Also, companies like HP, Accenture, Mahindra, LG, Axis Bank, HDFC Bank, ICICI Bank, Idea, Reliance, Daikin, etc., visited the college for placements.

Infrastructure: The whole campus is Wi-Fi enabled. Labs here are equipped with new systems. Facilities for sports like table tennis, football ground, cricket ground, basketball court and badminton court are present. Labs here are up-to-date, and modern PCs are also installed. There is also a theatre for the students on the campus in which movies are projected monthly. Classrooms are air-conditioned, and they are quite well-maintained with projector facilities in every classroom.

Faculty: There are both in-house faculty members and also few guest lectures. No matter whether in-house or called especially for that particular course, the faculty member is just a phone call or an Email away. There are 6-7 in-house professors with around 15-20 visiting faculty members. We have 3 sets of mid-term tests each of 15 marks. The best 2 scores among the 3 are considered. Assessments are of 20 marks, and the end examinations are of 70 marks. Passing criteria is 50% out of 100%.

Reviewed on 26 Jan 2025Read More

(1)

1 person found this helpful

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SBM NMIMS Mumbai

Student Forum

Anything you would want to ask experts?

Write here...

How is the NIRF ranking of NMIMS Mumbai?

Answered 2 days ago

NMIMS Mumbai is one of the eminent institute which offers quality education to the students. Over the past few years, the NMIMS deemed to be university has been ranked under multiple streams, namely Management, Computer Application, Engineering, Pharmacy, and others. Below mentioned are the NMIMS Mu

Jagriti Shukla

Contributor-Level 10

Why to choose NMIMS Mumbai?

Answered 2 days ago

Narsee Monjee Institute of Management Studies is one of the eminent institute and popularly know for its Engineering and Management courses. The university is accredited by NBA, ABET, AACSB, and A+ Grade by NAAC. NMIMS Mumbai is ranked category 1 university by MHRD. The university is ranked 167 by A

Mayank Surbhi

Contributor-Level 10

Is NMIMS Mumbai admissions open?

Answered 2 days ago

Yes, NMIMS Mumbai admission 2026 is open. The institute accepts admission based through online application. Interested students can apply directly through the official page. The institute accepts admission based on merit and entrance exams.

Abhay Arora

Contributor-Level 10

Which is the best course offered at NMIMS Mumbai?

Answered 2 days ago

Among the different courses at NMIMS Mumbai, some stand out as the best that the institute has to offer, these courses include:

BTech
MBA

And are extended at the UG and PG levels, respectively. These programmes are highly sought-after for their career prospects and placements with MBA graduates being e

Upasana Kumari

Contributor-Level 10

Is there a ragging culture at NMIMS Mumbai?

Answered 2 days ago

No, ragging is strictly prohibited within the premises of NMIMS Mumbai. If any incident of ragging comes to the notice of the authority, the concerned student would be expelled from the institute. The institute has strict rules and regulations around the same.

Abhishek Aggarwal

Contributor-Level 10

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