NMIMS Mumbai Opens MBA Admission 2024; Only NMAT Exam Accepted; Check USPs, Fees, Placement, Admission Process

NMIMS Mumbai, a highly ranked management institute, opened its MBA admission 2024 from August 1, 2023. Unlike IIMs or other top B-schools, NMIMS Mumbai MBA Admissions are based only on NMAT score. Regarded as one of the leading B-schools in the country, NMIMS Mumbai Campus admits 600 MBA students every year. While it admits a large batch, NMIMS Mumbai Campus has consistently achieved 100% placements with rising salary packages. In fact, for Placement 2023, the highest salary was Rs. 67.80 LPA and Average Salary was Rs. 26.63 LPA!

Read this exclusive MBAUniverse.com article to understand all about NMIMS Mumbai MBA Eligibility Criteria, Fee, Placement, Admission and Selection Process and a lot more.

NMIMS Mumbai MBA Admission 2024 Open Apply Now

Table of Contents

1. NMIMS School of Business Management: Key Highlights and USPs
2. NMIMS Mumbai MBA Fees, MBA Programmes Offered & Intake
3. NMIMS MBA Placement 2023
4. NMIMS Mumbai MBA Admission Criteria 2024: Step by Step Process
5. How to Apply for NMIMS Mumbai MBA Admission 2024: Important details
6. NMIMS Mumbai MBA Eligibility for Admission 2024
7. Important dates for NMIMS MBA Mumbai Admission 2024

1. NMIMS School of Business Management: Key Highlights and USPs

• 1.1 Highly Ranked: NMIMS Mumbai has gone up many places in Govt of India MHRD NIRF Ranking 2023. NMIMS is Ranked #21 in the NIRF Rankings 2023-Management. It is ranked #14 in MBAUniverse.com B-School Rankings 2023 and is Ranked 4th Best Pvt. Business School by Business Today Ranking 2022. NMIMS has surpassed many IIMs and other top B-schools in the latest NIRF and MBAUniverse.com Rankings.
• 1.2 International Accreditation: NMIMS Mumbai has prestigious International AACSB Accreditation. NMIMS is NAAC and NBA Accredited. It is recognized by UGC and approved by AICTE.
• 1.3 NMIMS MBA Fee Coupled with High RoI: The fee for MBA programme is Rs.23.90 lakhs. For the new batch, the fee may be revised. The investment in fee and other expenses is followed by high placements, giving high RoI.
• 1.4 High NMIMS MBA Placements: The Placement 2023 recorded highest salary of Rs. 67.80 LPA and average salary of Rs.26.63 LPA
• 1.5 100+ Programmes in 8 Campuses: NMIMS has grown and expanded from 1 school and single campus to 17 different schools across 8 campuses in India offering over 100+ programs across 16 disciplines and has emerged as one of the top 10 B-schools in India.
• 1.6 Experiential Learning: MBA programs at School of Business Management (SBM) at Mumbai campus and MBA programs at Bengaluru, Hyderabad, Indore and Navi Mumbai campuses offer experiential learning tailored with professional development that sets the foundation for a lifelong impact. 
• 1.7 Case Method Pedagogy: The Case Method is the chief pedagogical tool at NMIMS MBA to bring to the classroom real world business scenarios, practical knowledge and personalized learning 
• 1.8 1600+ Intake: Narsee Monjee Institute Of Management Mumbai offers MBA with an intake of 600; MBA (HRM)- Intake 120; MBA Pharmaceutical management- Intake 120; MBA at Hyderabad campus- Intake 120 and MBA at Bengaluru campus- Intake 240. Apart from this, other key management programs with an intake of 60 to 120 students are offered at NMIMS Navi Mumbai and Indore campuses. 

2. NMIMS Mumbai MBA Fees, MBA Programmes, Seats
NMIMS Mumbai offers following MBA programmes. The details of Narsee Monjee MBA Fees, MBA programs offered and NMIMS Mumbai intake program wise are as below

2.1 Narsee Monjee MBA Fees & MBA Programmes Offered
Programme wise fee payable by MBA students at NMIMS Mumbai and other campuses is as under: (The fee may be revised upwards before session commencement)

Note: The fee may be revised for new batch

2.2 NMIMS Mumbai Intake: MBA 2024-26

Imp: 30% Seats are offered to Girl Candidates

2.3 Bouquet of MBA Specializations
NMIMS School of Business Management Mumbai offers specialization in Finance, Information Systems, Marketing, Operations & Decision Sciences; MBA –HRM and MBA Pharmaceutical Management.

3. NMIMS Mumbai MBA Placements 2023
NMIMS Mumbai MBA batch witnessed a successful placement season with Industry stalwarts participating in the Summer and Final placements of the MBA and MBA HR programs. Some of the biggest corporates offered coveted roles across sectors in large numbers. Final Placements 2023 saw the college achieving yet again 100% placement. NMIMS witnessed the highest salary of INR 67.80 LPA and average salary of Rs.26.63 LPA in Placement 2023

NMIMS Mumbai MBA Placements 2023: Key Highlights
Following are some of the key highlights of NMIMS MBA Placements 2023:

• Percentage of Students Placed: 100%
• Highest Salary: Rs.67.80 Lakhs Per Annum
• Average Salary: Rs.26.63 Lakhs Per Annum
• Top 10% Average Salary: Rs.40.41 Lakhs Per Annum
• Top 40% Average Salary: Rs.32.53 Lakhs Per Annum
• PPOs Offered: 36% of the Batch placed through PPOs
• Total Recruiters: 148
• New Recruiters: 52
• Fortune 500 Companies that Participated in NMIMS MBA Placements 2023: 84
• Top Recruiters in NMIMS Placements 2023: Aditya Birla, Cognizant, Axis Bank, Accenture, EY, KPMG, PwC, IBM, Microsoft, Goldman Sachs, JP Morgan, Bank of America, Credit Suisse, Google, Amazon, Crisil, McKinsey among others

4. NMIMS Mumbai MBA Admission Criteria 2024: Key Points & Step by Step Process
NMIMS Mumbai Admission Criteria 2024 describe the admission eligibility, admission process, weightage to NMAT by GMAC entrance exam; weightage to academics and work experience, final selection process with the weightage to different components and clarify on Do’s & Don’ts on admission process. Below are shared the key points and step by step process for NMIMS Mumbai MBA admission 2024

4.1 NMIMS Mumbai MBA Admission 2024: Important Points
Before you proceed to apply for NMIMS Mumbai admission 2024 and for NMAT by GMAC, please note the following important points:

• Admission for all the Full Time MBA Programmes is through NMAT by GMAC exam
• You can apply for more than one Programme and more than one campus. NMIMS has campuses at Mumbai, Navi Mumbai, Bangalore, Hyderabad and Indore.
• NMIMS will accept candidates from the NMAT Main examination only i.e. the first take of NMAT exam. No NMAT Retake score will be accepted.

4.2 NMIMS Mumbai Admission 2024: Step by Step Process
The admission process of the two year full time MBA Programmes at SBM NMIMS Mumbai has following steps:

• Step-1: Register and apply for NMAT exam 2023 Check Complete Details
• Step-2: Apply to NMIMS before Your first Take of NMAT exam date
• Step-3: Check Short-list on the basis of NMAT Score
• Step-4: Participate in CD-PI, the "Final Selection Round"
• Step-5: Check Final Merit List

4.2.1 Step-1: Register and apply for NMAT exam 2023

The first thing is to Register and apply for NMAT by GMAC 2023 exam before the last date of registration for NMAT exam. After you have received your GMAC ID, please go to Step 2 and complete your NMIMS registration.

Apply Now

4.2.2 Step-2: Apply to NMIMS before NMAT exam date

• Register with NMIMS before your scheduled date of exam or NMIMS last date whichever is earlier. For example, if your NMAT exam is scheduled on 15^th November 2023, you should apply for NMIMS MBA admission on or before 14th November 2023.
• You can register and appear for Main or Re-apply for NMAT examination But, NMIMS will accept candidates from the Main examination only. It means that the candidates qualifying the NMIMS cut off based on NMAT retake exam scores will not be part of the 2nd stage of selection process and the Retake/Reapplication scores will not considered for further selection process.
• The best way is that after registering and applying for NMAT exam, you should immediately apply for NMIMS Mumbai admission 2024 online

Apply Now

4.2.3 Step-3: Check Short-list on the basis of NMAT Score
NMIMS shortlists the candidates on the basis of following parameters:

• NMIMS-SBM, Mumbai will consider NMAT by GMAC 2023 exam score of the applicants for shortlisting for final admission round.
• Candidates will be short-listed on the basis of the combination of their score in NMAT by GMAC exam and latest preferences of the programmes selected on the NMIMS application / reapplication form.

4.2.3.1 NMIMS Mumbai Cut Off*   
NMIMS Mumbai cut off for MBA admission 2024 at School of Business Management, is higher as compared to other campuses of NMIMS. The NMIMS Mumbai cut off in NMAT exam is based on NMAT by GMAC scaled score leading to percentile. The cut offs are:

*Expected Cut off

4.2.4 Step-4: CD-PI, the "Final Selection Round"
This Stage of selection process is managed by NMIMS for the shortlisted candidates and will be as under:

• Post short-listing on the basis of available scores, applicants will be called for the final selection round (PI Round) at the designated centres which may contain Psychometric test or Written Analytic Test along with personal Interview.
• The selection criteria will be based on merit only. Decision regarding cut-off of the merit list will solely lie with NMIMS.

4.2.4.1 Step-5 Final Merit List & Admission Offer

• NMIMS Mumbai selection criteria in final admission round award weight to Entrance exam score; Academics; Work Experience and performance in Case Discussion (CD) and Personal Interview (PI) round.
• No weightage will be awarded for the work experience below 6 months. Besides,
• Training/Project work/work done as an integral part of curricular requirement will not be considered.
• The criteria to generate final merit list for admission will be based on the application data in terms of academic marks obtained, work experience, marks obtained in NMAT by GMAC,

4.2.4.2 Documents to be Uploaded at the time of Admission
At the time of admission self-attested photocopies are to be uploaded and original/s documents will be required for verification during program commencement. The original/s documents are to be submitted by stipulated dates (as applicable). Following are scanned copies of the required documents to be uploaded

10th Marksheet & Passing Certificate

12th Marksheet & Passing Certificate

Degree Marksheet (for 1,2,3,4 …… years), separately for each semester/ trimester. If separate mark sheets are not issued by the University / Institute consolidated mark sheets will be accepted.

• Degree Certificate/Provisional Degree certificate/ Passing Certificate
• Post Graduate Degree Marksheet, if applicable
• Post Graduate Degree Certificate, wherever applicable
• AIU Certificate (University Equivalence) is mandatory for those candidates who have completed their graduation from Overseas Universities
• Migration Certificate
• Eligibility Certificate (If required)
• Work Experience Certificate
• Medical Fitness Certificate (In Original signed by Registered Medical Practitioner)
• Mediclaim Policy 

5. How to Apply for NMIMS Mumbai MBA Admission 2024?

• For admission to NMIMS University programmes NMIMS online application on NMIMS website has to be duly submitted & payment of application charges need to be made in any of the prescribed mode within stipulated time.
• It is candidate's responsibility to select the program preference at the time of filling up the NMIMS application form
• Candidates are required to fill only one application form even if they are applying for multiple programs/campuses.

5.1 Common Application Form
There is a common application form for all the NMIMS campuses including Mumbai, Bangalore, Hyderabad, Indore and Navi Mumbai. Since all the campuses of NMIMS will accept NMAT by GMAC exam score, it is also important that the candidates should register and apply for NMAT by GMAC before the last date. Read More

5.2 NMIMS MBA Application Fee: Rs.2600/-
The NMIMS Application fee is Rs.2600/- + taxes whether applying for one MBA or multiple MBA programmes. The Common Application must be submitted online only. The application fee can be paid by means of Credit card, Debit Card, and Payment wallet. This is apart from the NMAT exam registration fees of Rs.2800/-

6. NMIMS Mumbai Eligibility for MBA Admission 2024 at School of Business Management
NMIMS Mumbai eligibility to apply for MBA admission has different criteria for different campuses and different programmes

• Applicant must be a graduate with 50% marks
• The candidate should be registered for NMAT by GMAC 2023 and must score well to become eligible for admission.
• The candidates, who have passed or, have appeared for graduation examination from a University where Grade Point Average is given, must produce the equivalent percentage for the GPA/CGPA obtained in writing from the University concerned.
• A candidate appearing for the final year bachelor's degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results is also eligible to apply for NMIMS MBA/PGDM Admission 2024.
• Candidates having two and more years of post-qualification work experience will be preferred for admission to all the full time MBA programmes.
• The candidate must have appeared for all the subject(s) / exams before the commencement of the respective program (s) of NMIMS. The examination of none of the subjects should be held after the commencement of the respective course.

6.1 NMIMS Campus and Programme-wise Eligibility for Admission 2024

7. NMIMS Admission 2024: Important dates
Following are the key dates to apply for NMIMS admission 2024: 

The School of Business Management (SBM) of SVKM’s NMIMS, Deemed to be University, is a premier business school situated in Mumbai - the financial hub and nerve centre of the country.

SVKM's Narsee Monjee Institute of Management Studies Mumbai has acquired the shape of a multi-disciplinary University. For the past 40+ years, NMIMS SBM has developed numerous business leaders, entrepreneurs and created intellectual capital that is meaningful to its stakeholders.

Hope you found this article useful while looking for the most suitable B-school for MBA admission 2024 with all the details on NMIMS USPs, Fee, Cut offs, Placements, selection process and others. NMAT Application process is open and you can Apply Now

Stay tuned to MBAUniverse.com for more updates on NMIMS Mumbai 

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