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Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University]
Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University] is a government institution located in Mumbai, Maharashtra, India, established in 1981. It offers 1+…
Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University]
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If you're trying to figure out whether to pursue an MBA at NMIMS or SIBM Pune, here’s a quick comparison based on what people usually mention. NMIMS, being in Mumbai, often attracts higher salary packages, averaging around ?28 LPA, with top ones reaching ?49 LPA. The school benefits from strong industry ties, which is a plus if you're aiming for finance or consulting roles. However, the cost is quite high at ?25 Lakhs.
SIBM Pune, meanwhile, has a smaller batch size, making the environment feel more connected and friendly. The campus vibe is more laid-back, and the fees are slightly lower at ?24.2 Lakhs. The average salary there is about ?18.6 LPA, which is respectable but not quite as high as NMIMS.
Both institutions have a good academic reputation, but SIBM Pune is known for its interactive learning style, whereas NMIMS emphasizes practical exposure. People I’ve spoken to from both schools say it really depends on your priorities: if you're after the fast-paced city life and higher salary potential, NMIMS is a solid choice. But if you lean towards smaller groups and a more relaxed atmosphere, SIBM Pune could be a better fit.
Ultimately, the decision comes down to what you’re looking for in your MBA journey—be it higher earnings, campus life, or financial considerations. Both options can significantly advance your career!
Tuition for the BBA programme at NMIMS is paid either annually or according to the university's schedule.
The type of lodging (AC/Non-AC, boys/girls, flats/hostel) also affects hostel fees.
While some residential apartments might not have mess facilities, hostels typically have study spaces, a gym, and recreational opportunities.
NMIMS Mumbai BBA Fees 2025
|
Course |
Total Fees (in INR) |
Total Previous Fees (in INR) |
|---|---|---|
|
General |
10,50,000 (2024 - 2025) |
9,75,000 (2021 - 2022) |
|
Finance |
9,75,000 |
9,75,000 |
|
Advertising & Branding |
16,50,000 (2024 - 2025) |
- |
|
Business Management |
15,75,000 (2024 - 2025) |
- |
|
Hospitality Operations & Management |
5,31,000 (2024 - 2025) |
- |
|
Fintech |
10,50,000 (2024 - 2025) |
- |
|
International Business |
15,00,000 (2024 - 2025) |
- |
Hostel Fee Structure
|
Hostel Type |
Fees (10 months) |
|
Boys Hostel (Non-AC) |
2,50,000 – 2,90,000 |
|
Boys Hostel (AC) |
3,25,000 – 4,50,000 |
|
Girls Hostel (Non-AC) |
2,90,000 |
|
Girls Hostel (AC) |
3,40,000 – 3,70,000 |
Also Hostel fee is refundable only if admission is cancelled before the course begins (?3,000 processing fee deducted); after commencement, no refund is provided.
NMIMS Mumbai offers Hostel accommodation to both Male and Female students. The Hostel rooms are big, clean and have all the amenities such as Bed, Table, Chair and Cupboard. NMIMS Mumbai also provides Gym facilities, Indoor and Outdoor Games, TV Room and Music Room for its Students.
NMIMS Mumbai Hostels are allocated on a first come, first serve basis with Outstation students given preference. NMIMS Mumbai Hostel price depends on the type of room you pick. The hostel fee for a shared room ranges from INR 15,000 to INR 20,000 per month. If you want a room just for yourself, it can cost between INR 25,000 to INR 30,000 per month. These fees cover food and laundry services too.
NMIMS Mumbai accepts NMAT Score for Admission to its MBA Program. The minimum score required for admission can vary from year to year, depending on various factors such as the number of applicants, the difficulty level of the exam, the number of applications received and the specific program you are applying for.
NMIMS Mumbai NMAT Cutoff 2024 is expected to be 232 for the MBA program. 70% Weightage is assigned to the NMAT exam for admission to the MBA program.
Life at NMIMS Mumbai begins with early morning lectures starting at 9 AM that go on until 4-4:30 PM. Sometimes, there is a possibility of having additional lectures after 4:30 PM as well. Student Life of an MBA Student at NMIMS Mumbai is challenging, running from one task to another and full of learning experiences. Here are some aspects of the same:
Campus: We have a really big building, and that is it! It is the campus of NMIMS, Mumbai. The Infrastructure is amazing with Air-conditioned Classrooms. NMIMS Mumbai has 2 full-fledged hostels and 4 rented residential accommodations, separately for Boys and Girls. However, the Hostels are too costly and most of the batch prefers to stay outside in Flats.
Clubs and Committees: As the new school year begins, all the Clubs and Committees introduce themselves and invite students to join them. As the students are eager to boost their Resume, they apply for this position in large numbers.
Diversity: At NMIMS Mumbai, students come from all over the country, with different backgrounds. They have various educational backgrounds and work experiences. This mix of people is one of the best in the country and has been unmatched for several years.
I will rate these colleges out of 100 to give you a relative reference (where IIM A,B,C are a 100)-
- SP Jain- 95/100
- NMIMS- 80/100
- New IIMs (the best ones like Ranchi, Rohtak, Udaipur)- 70/100
- The other new IIMs- 50/100
Out of all these colleges, SP Jain is the best. It has a small batch size in comparison to NMIMS. Other than that, it has a unique, value based pedagogy, and renowned faculty.
Thus, SP Jain is the best option among these for your PGDM.
Students become eligible from 5th semester for placement. Companies like Goldman Sachs, deshaw, colgate visit our campus and 200+ offers are made. Highest package is around 24 lpa and average is 6 lpa. 50% students get placement. My plans getting the degree is to prepare for mba.
Faculties are quite knowledgeable and helpful when it comes to real life world experience.There are both temporary and permanent faculty.Teachers are well known with there subjects and field.They guide us in all aspects
Thereare many fests that take place Sports fest,annual cultural fest,Law fests etc where people from outside campus can also participate.There are various committees that organize activities and events
Sripend of 25000 is what is offered to final year students. Major corporate groups like Siemens, Adani Enterprises and Reliance Industries are the ones that offered us internships. I think one can't just learn from syllabus or books alone internships should be made mandatory.
Frequently Asked
Questions
Common questions students ask about Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University] — admission, fees, placements and more.
Course fees at Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University] range from ₹8 Lakh per year depending on the program.
The institute has decreased the weightage of NMAT to 10% and increased the weightage of competency test to 60%. Further, academics will no longer will be considered in the selection criteria and 15% weightage is given to both work experience as well as PI. NMIMS has changed the pattern for the competency assessment. Th
Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University] is a government institution located in Mumbai, Maharashtra, India. It was established in 1981.
Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University] holds an NIRF ranking of #11 in India.
Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University] offers 1+ programs across undergraduate and postgraduate levels, listed with fees under Courses & Fees.
Applications for Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University] are submitted through its official website, https://nmims.edu/mumbaicampus, or through the counselling body applicable to your chosen course.
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