Narsee Monjee Institute of Management Studies (NMIMS), Mumbai, is a private management institute, established in 1981. NMIMS is accredited with A++ grade by NAAC. Its School of Business Management (SBM) has an AACSB accreditation. NMIMS Mumbai is known for its MBA program. It is ranked 24th by NIRF and 19th by MyKollege for MBA in 2025. Fees: The total fees for MBA (General) at NMIMS Mumbai is INR 27 Lakhs, excluding the hostel charges. Hostel Fees: INR 2.5 to INR 3.5 Lakhs per year, depending on the provided facilities. Admission Criteria: MBA admission is based on NMAT. CAT or XAT scores are not accepted. Final selection will be offered on the combined score of NMAT, Competency Test, PI, and work experience (if applicable). Check here for NMIMS Mumbai admissions Admission Dates: The application deadline for MBA is Oct 18, 2025. NMAT will be held from Nov 5 to Dec 19, 2025. Cutoff: The NMAT cutoff is approximately 209 for 2026 admissions (no change compared to 2025). Placement: The highest package was INR 67.7 LPA and the average package was INR 25.13 LPA for MBA (Core) students in 2025. NMIMS Mumbai is a top alternative for students after IIMs, offering strong industry links, good placements, and high ROI. It is also often preferred over some of the baby IIMs. Some of the other popular programs are B.Tech (Computer Engineering), with fees of INR 17 Lakhs, and BBA (General), with a fee of INR 10.8 Lakh. Admissions are through their own entrance exams, NMIMS-CET and NMIMS-NPAT, respectively. Direct Link: NMIMS Mumbai MBA Admission 2026