Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University], Mumbai - Course & Fees Details

Mumbai, Maharashtra Estd 1981 Deemed to be University 249 Questions Answered Ranked 20 For Law By Indiatoday 2023 +37 more
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    Courses Offered By NMIMS, Mumbai

    3 Years Degree On Campus Post Graduation Full Time

    Rated #11 out of 125 by NIRF in Pharmacy

    Course Offered By : Shobhaben Pratapbhai Patel School of Pharmacy & Technology Management - [SPPSPTM]

    3 Years Degree On Campus Post Graduation Full Time

    Rated #11 out of 125 by NIRF in Pharmacy

    Course Offered By : Shobhaben Pratapbhai Patel School of Pharmacy & Technology Management - [SPPSPTM]

    NMIMS: 13 Answered Questions

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    Ques. What is the fee structure for an MBA/PGDM course in NMIMS?

    ● Top Answer By Singdha Banerjee on 05 Apr 22

    NMIMS MBA fees is INR 10.42 lakhs per year. Yearly fees for the MBA programs at NMIMS Mumbai are as follows. Courses Fee per year MBA/MBA HR INR 10,42,000 MBA in Pharmaceutical Management INR 6,32,000 Dual Degree in MBA Decision Sciences & Analytics + MS in Business Analytics & Information Management from Purdue University  INR 12,02,000 MBA Business Analytics  INR 8,52,000 The hostel fees for NMIMS are INR 1.80 lakhs to INR 2.45 lakhs for 10 months. The hostel fees include a refundable security deposit of INR 10000. ...Read more

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    Ques. What is the fee structure for an MBA/PGDM course in NMIMS?

    ● Top Answer By Surbhi Mishra on 31 May 22

    NMIMS MBA fees per year is INR 10.95 Lakhs. So, the total fees for the two year long course is INR 21.90 Lakhs . Here are the specific fee details for different specializations.  Course  Fees(in INR) MBA/MBA HR 10,42,000 MBA in Pharmaceutical Management 6,32,000 Dual Degree in MBA Decision Sciences & Analytics and MS in Business Analytics & Information Mangement from Purdue University 12,02,000 MBA Business Analytics 8,52,000 The hostel fees need to be paid separately. ...Read more

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    Ques. What is the total cost incurred in doing your MBA from NMIMS Mumbai?

    ● Top Answer By Sneha on 28 Feb 23

    The following answer is based on my brother’s experience at NMIMS and may vary from person to person depending on their own personal expenses and standard of living. The table below shows the NMIMS MBA fee structure. Particulars  Data Total Fees INR 23.90 Lakhs Hostel fees (Non-Refundable) INR 2,25,000- 3,00,000 Hostel fees (Refundable) INR 10,000 From the above data the approximate cost is 26-27 Lakhs. The additional expenses like hanging out, fares, and miscellaneous activities can amount to 1 Lakh.  Now let’s consider you staying in a flat and not a hostel. The MBA fees remain the same. But the living expenses are considerably cut down. My friend lives in a flat with 5 people and shared her average expenses. The rental expense was 10k The security deposit was 1 lakh 6-8k per month for electricity bills and grocery shopping An additional 2-3k for hanging out  The average auto fare would be 3k per month The rough average is 20k per month and if you calculate the same for 21 months it amounts to 4.2 Lakh. The total expenses including tuition fees amount to 30-33 Lakhs. I think it’s better to go to a hostel than to a flat....Read more

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    Ques. What is the value for part time PGDM in NMIMS Mumbai?

    ● Top Answer By Yasmeen S on 28 Feb 23

    Most part-time courses carry no real value other than adding the post-graduate tag. They have no worth in the corporate world irrespective of whichever reputed college you have chosen. NMIMS is one of the top reputed B Schools in India and has a big brand name.  The faculty is extremely talented and experienced The placement scenario is pretty good except that part-time courses have no fixed statistics. The fees are relatively high when compared to other B Schools of the same league The curriculum is very rigorous and requires constant attendance and involvement. Being a part-time PGDM, you are probably a working professional and it becomes very difficult to balance work with studies.  The curriculum required you to submit assignments and give frequent exams. This might be difficult for working people. Unfortunately there is quite a level of distinction between full-time PGDM students and part-time PGDM students as the former get the most attention from teachers. The curriculum is rushed in order to get completed within 21 months imparting no real learning  I know a friend who chose NMIMS Executive MBA and paid hefty fees just for the brand name instead of doing the same course at a less popular B School. She regretted her decision and claimed the program to be a total waste of money and time. She said she could have done the same from another B School at half the cost. So part-time MBA itself is not that worthless, but paying a hefty sum merely for the brand name and postgraduate tag is illogical. You can do the same program at a much lesser cost than other B Schools....Read more

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    Ques. How do the new HR programs of IIM Ranchi, NMIMS, and XIMB measure up to the established ones of XLRI, TISS, MDI and SCMHRD?

    ● Top Answer By Apoorv Ashutosh on 11 Jan 23

    The simple answer to your question is no, the new HR programs of IIM Ranchi, NMIMS, or XIMB are not at par with the established ones XLRI, TISS, MDI, and SCMHRD. The established programs especially that of XLRI are the epitome of HR programs. They cannot be compared to the new ones at any given level or parameter. Faculty: The professors of XLRI are renowned throughout the industry for their competency. They specialize in almost every domain one can think of be it Law, Competency Modeling, Compensation, or Performance Management. Peers: It’s the cream students who get the opportunity to get into a prestigious college like XLRI. You can see tough competition between the finest students at college. Every individual has a valuable opinion and stands to contradict others. Their thinking pattern is broad and given a case study, they look at all angles from accounting to finance to laws while proposing the solution. The situation at TISS is also quite similar. Now one can say that the curriculum can be replicated and learned faculty can be sought to match the quality of the HR program at these institutes. But the truth is faculty and curriculum are the main but not the only factors that determine an institute's worth. Its own culture, ethics, and background have a lot to do with the programs it offers. So one cannot match XLRIs programs no matter how much they try....Read more

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    Ques. How is the PGDM in Business Analytics at NMIMS - Mumbai Campus? What are the job prospects after pursuing this 2-year full-time course?

    ● Top Answer By Aishvery Mendke on 28 Feb 23

    NMIMS PGDM in Business Analytics is one of the most coveted programs recently owing to its vast prospects. The industries this program caters to include Banking and Financial Services Insurance Telecommunication Consulting companies Manufacturing Retail KPOs Product start-ups E-commerce Some major roles and responsibilities of the Job prospects of Business Analytics are given below. Business Analyst (Manager/Consultant) Handles a team with a major emphasis on Business Analytics Should have a good understanding of technical tools, data analytics foundation methods, data gathering, and processing Should be skilled in communication, leadership, team management, and strategic thinking. Business Analyst (Individual Contributor) Has to handle business interpretation and analytics in providing information from data Uses information to give a detailed overview of the business Should have knowledge of technical components related to managing data Data Miner/Modeller (Manager/ Individual Contributor) He comprehends data models that help support business decisions  They help manage Risk/Marketing and in making decisions Needs to be well versed in mathematics, science, and computer science. Mostly hired in BFSI and Telecoms Data Scientist (Individual Contributor/ Consultant) They are particularly proficient in coding and reading statistical data Inclined towards technicalities of business analytics and modifying/building new algorithms Inhibit high data knowledge with proficiency in technology to manage, visualize and analyze data. Going through the details of the roles and responsibilities of Business Analysts, you can go for the one that suits you the most....Read more

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    Ques. What is special in NMIMS, Mumbai MBA?

    ● Top Answer By Rajshekhar Roy on 28 Feb 23

    NMIMS is indeed one of the top B Schools in India. It has many distinguishing features making it one of the most coveted MBA destinations for aspirants. Some of them include Brand value: Being among the top B Schools in India, NMIMS enjoys great brand value. Its alumni are successfully leading many organizations in top roles and this alone is a testament to its brand name. Placements: NMIMS Mumbai has a great placement scenario. The final report of NMIMS Mumbai Placements 2022 has been released. According to the report, the highest salary package stood at INR 57.65 LPA , Students received an average salary of INR 23.07 LPA. Around 150+ recruiters participated in the placement drive from various sectors like BFSI, Consulting, IT, Pharmaceuticals, Media & Telecom, Consulting, etc. Location advantage: Situated in the Finance capital of India, NMIMS enjoys a great locational advantage and gives an edge to many B Schools. It is the best spot for Finance enthusiasts as the headquarters of many companies' finance sector is located here. Even the other specializations flourish here. Alumni: NMIMS has an elaborate alumni network that stretches across various reputed companies. Some might consider the huge batch size as a demerit but in reality, it results in a strong alumni base. NMIMS is special in all the above aspects making it a distinguished choice among MBA aspirants....Read more

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    Ques. Which is better: an MBA from NMIMS Mumbai or a job through SSC CGL?

    ● Top Answer By Rohit on 28 Feb 23

    Comparing the two, an MBA from NMIMS and a job through SSC CGL are highly illogical. The prospects and magnitude of both career inclinations are totally different. Let’s conduct a general comparison on the basis of some common aspects An MBA from NMIMS needs a lot of investment while a job through SSC CGL does not. Considering the probability of getting a good job after my MBA, I think going with SSC CGL is a safer option. Your social status will be much better in the case of SSC CGL. You might face some drawbacks in your work life but in your social circle, you will be considered a man of great importance. Your family will be benefiting from your social status through good education. The salary is average, not less given the better social status you will be enjoying in contrast to working as an MBA professional in the corporate world. Analyze your social and personal responsibilities as an MBA professional as well as CGL. You might get a picture of what you are aiming for. Choosing an MBA is not worth it unless it's a firm top 5 IIM or you are looking for a career abroad. So MBA will guarantee you a lot but money which does matter to an extent but not when compared to the reputation you will gain as an SSC officer. MBA requires a lot more than you think. It may groom you but not ensure a better social structure like CGL....Read more

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    Ques. Is it worth spending money for a BBA at NMIMS, Mumbai?

    ● Top Answer By Yash Sanghvi on 28 Feb 23

    My sister has recently completed her BBA with a specialization in Finance from NMIMS and she told me about the actual placement scenario of the college. She agrees with the fact that NMIMS is a top B School with an excellent curriculum and faculty. You will be offered amazing opportunities in the form of working in a big MNC or becoming an entrepreneur.  However, the situation of placements is not what it seems from the reports. Although my sister was able to get placed she witnessed many of her batch mates unplaced or placed with a very minimal package. Many companies visit the campus owing to the great brand value but the major problem that arises is the huge batch size. The competition is tough as the intake is very high. This year the total intake is BBA 600; BCOM 180. Henceforth very low packages are offered that are not even close to those mentioned in the placement reports.  In my sister's batch apart from 3 students, every student got a package of less than 3 LPA. Deloitte hired less than 17 students. While the placement scenario was really poor, the knowledge that she gained in those 3 years did help her pass CFA level-1 the next year. So it’s you who can decide if the money you spend is worth it or not by determining what you really want from your BBA....Read more

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    Ques. How good is the NMIMS Mumbai BBA programme? How are the placements, the summer internship for this year, and recognition by top IIMs?

    ● Top Answer By Advaith Bhaskar on 01 Mar 23

    The Bachelor of Business Administration program at NMIMS is pretty good and ranks 3 across the country. My brother completed his BBA from NMIMS Mumbai in 2016 and during his time the average package was INR 3 LPA. Currently, the median salary is INR 4.8 LPA. The companies that visit the campus for BBA placements are ACCENTURE Aircel Airtel Allahabad Bank Ambuja Cement Bank of Baroda Goldman Sachs Google HCL Technologies You will have a lot of opportunities and the crowd is also talented in almost everything. Multiple internships offered mainly from Intershala are offered to students at different times. The timings can vary from division to division and depend on your semester as well....Read more

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