NMIMS School of Business Management, Mumbai

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SBM NMIMS Mumbai Fees 2027

Vile Parle West, Mumbai

4.2 /5

(167 Reviews)

1k Student Q&A

Private Institute
Estd. 1981

Last updated on 12 Oct '26

SBM NMIMS Mumbai Fees

Table of contents

SBM NMIMS Fee Structure 2026
- SBM NMIMS MBA/PGDM Fees 2026
- SBM NMIMS Ph.D. Fees 2026
SBM NMIMS Mumbai Student Reviews

SBM NMIMS Fee Structure 2026

SBM NMIMS provides a variety of programmes across PG and Doctorate levels. The total payable fee is composed of tuition, hostel, and other institute-specified charges. Candidates who complete the SBM NMIMS admission process can proceed to pay the fee as per the institute's norms. The detailed fee structure is available on SBM NMIMS’s official website. Check below SBM NMIMS fee for offered 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 16 lakh and INR 27 lakh. Check below fee for some of the MBA specialisations:

Course Name	Total Tuition Fee
General	INR 27 lakh
Pharmaceutical Management	INR 18 lakh
Human Resources	INR 25.5 lakh
Business Analytics	INR 23 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) 2025, the SVKM's Narsee Monjee Institute of Management Studies has been ranked 24 under the Management category. Talking about the School of Business Management placements 2026, the average package for the MBA core course was recorded at INR 24.60 LPA. NMIMS School of Business Management's highest package offered in 2026 was INR 41.28 LPA for the MBA core course. So, yes pursuing an MBA course from NMIMS is a good option.

SBM NMIMS MBA/PGDM Fees 2026

MBA/PGDM at SBM NMIMS is offered over a duration of 2 years. The tuition fee for MBA/PGDM falls between INR 16,00,000 - 27,00,000, depending on the specialisation chosen by the applicant. This SBM NMIMS MBA/PGDM fee includes a combination of components, such as tuition charges, deposits, and other institutional costs. Applicants who complete the SBM NMIMS admission process can pay the fee as per the institute's payment structure. Full details of the fee structure are available on the official SB

Fee components	Amount (for 2 years)
Tuition The fees might include components other than tuition fees.	₹ 16 L - 27 L
One-time Payment One time payment includes Application fee	₹ 2.5 K - 3 K
Total fee	₹ 16.02 L - 27.03 L

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 details

Get Admission Details

SBM NMIMS Mumbai
MBA/PGDM Fees Comparison

Colleges	Tuition Fees	Hostel Fees
SBM NMIMS Mumbai	16 L - 27 L	-/-
SPJIMR Compare	22.66 L - 28.5 L	1.45 L
MICA Compare	29.5 L - 30.1 L	-/-
NMIMS Mumbai Compare	16 L - 27 L	-/-
IIM Bangalore Compare	26 L - 26.5 L	90 K

The value are of the latest years available with Shiksha.

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Commonly asked questions
On MBA/PGDM Fees

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

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.

Q: How much education loan can I get for NMIMS MBA?

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.

SBM NMIMS Ph.D. Fees 2026

SBM NMIMS offers Ph.D. as a 4 years programme. The tuition fee is INR 2,50,000. The total fee includes tuition, hostel, and refundable security deposits. Candidates selected through the admission process must pay the fee within the timelines specified. The full breakdown of the SBM NMIMS Ph.D. fee is provided on SBM NMIMS’s official site.

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	-/-
Jaypee Institute of Information Technology Compare	2.97 L	8 L
Amity Business School	3 L	2.85 L
Mahindra University Compare	1.5 L	-/-
VIT Chennai Compare	1 L - 1.2 L	4.45 L

The value are of the latest years available with Shiksha.

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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

Top companies including GS, JP Morgan, ITC, Pepsico, Dabur, etc., visit the campus for placements.

Based on 62 Reviews

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

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

(1)

1 person found this helpful

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

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

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

Anonymous

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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SBM NMIMS Mumbai

Student Forum

Anything you would want to ask experts?

Write here...

Does NMIMS Mumbai offer scholarships to students?

Answered a week ago

NMIMS SBM scholarships are offered as financial aid to the students by Mirae Asset Foundation. Ten need cum merit-based scholarships up to INR 30 Lacs are available for MBA students.

Yash Mittal

Contributor-Level 10

What's the actual reality of placements in the NMIMS Mumbai MBA Core programme?

Answered a week ago

The highest and average package offered to MBA Core programs during SBM NMIMS placements 2026 was INR 41.28 LPA and INR 24.60 LPA, respectively. A total of 28% of the batch secured placements through PPO's. In all 190 recruiting companies were a part of the SBM NMIMS MBA Core placements 2026. Of the

Yash Mittal

Contributor-Level 10

What is the cut off marks for NMIMS Mumbai?

Answered a week ago

The NMAT cutoff 2025 for all MBA specialisations except MBA Pharma was 209 in the General category under the AI quota. For MBA Pharma, NMAT cutoff 2025 was 190.

Yash Mittal

Contributor-Level 10

How were NMIMS Mumbai summer internships?

Answered a week ago

For MBA Core, the highest and aveage stipend for 2025-27 batch was INR 5.41 Lacs and INR 1.74 lakh. For MBA HR, it was INR 3.50 Lacs and INR 1.29 Lakh.

Yash Mittal

Contributor-Level 10

How good are the MBA placements at NMIMS Mumbai?

Answered 4 weeks 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: