University Review27 July 20268 min read

Narsee Monjee (NMIMS) Ranking 2026 — NIRF, MBA Fees & Honest Review

Padhaao Team

Content Writer

NMIMS — Narsee Monjee Institute of Management Studies — is one of those college names that carries serious weight in corporate India. When you say you did your MBA from NMIMS Mumbai, people know what that means. But how does it actually rank, what does it cost, and is it worth the investment compared to IIMs or other top private B-schools?

Let's break it all down — rankings, fees, programs, placement data, and the honest picture of what you're getting.

Quick summary: NMIMS Mumbai — NIRF #28 (Management 2024) · NAAC A+ · MBA fee ₹19–21L total · Avg placement ₹18–22 LPA · NMAT 70%ile required · Top recruiters: McKinsey, BCG, Goldman Sachs, Amazon, Google.

NMIMS Rankings 2024 — All Sources

NMIMS Programs & Fee Structure 2026

Fee Comparison

Estimated Fee Structure — University Review (2026)

Premium Tier (NMIMS, Symbiosis)Top Ranked

2 Years

₹3,00,000 – ₹8,00,000

Mid Tier (Amity, Manipal, LPU)

2 Years

₹1,20,000 – ₹3,00,000

Budget Online MBA (IGNOU, VGU)Affordable

2 Years

₹25,000 – ₹80,000

* Fee ranges are indicative for 2026. Always verify with the official institution website before enrolling.

NMIMS MBA Placements 2024 — Real Numbers

Career Outcomes

Career & Placement Overview — University Review Graduates

Average Package

₹8 – 15 LPA

Post-graduation median salary

Highest Package

₹25 – 45 LPA

Top offers from premium recruiters

Salary Hike

30 – 60%

Reported within 2 yrs of graduation

Hiring Partners

500+

Across industries & cities

* Figures are indicative based on industry data and university reports. Actual figures may vary.

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NMIMS vs Other Top B-Schools — Full Comparison

NMIMS Admission 2026 — How to Get In

Step-by-Step

Admission Process — University Review (2026)

Check Eligibility

Typically requires a Bachelor's degree (any stream) with min. 50% marks. Work experience is a plus for executive programs.

Fill Application Form

Submit the online form with personal details, academic records, and work experience. Most universities accept applications year-round.

Upload Documents

Mark sheets, degree certificate, ID proof, passport photo, and work experience letter (if applicable).

Pay Fees & Confirm Seat

Pay the initial semester/year fees online to confirm your seat. Many universities offer EMI options.

* Steps may vary slightly by university. Always confirm the process on the official admissions portal.

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Get personalised college recommendations, fee details, and admission tips — all in one free counselling session.

NMIMS Campuses — Which One to Choose?

Is NMIMS Worth the Fee in 2026?

FAQs About Narsee Monjee (NMIMS) Ranking 2026 — NIRF, MBA Fees & Honest Review

What is the NIRF ranking of NMIMS in 2024?

NMIMS (Narsee Monjee Institute of Management Studies) ranks #28 in NIRF 2024 Management category, #31 in University category, and #39 in Overall. In media rankings, it's in the top 13–15 B-schools nationally (India Today, Business Today, Outlook 2024).

What is the MBA fee at NMIMS Mumbai?

NMIMS Mumbai MBA Core fee is approximately ₹19–21 lakh for 2 years (2026). MBA HR is ₹17–19L, MBA Pharma and Banking are ₹14–17L. Living expenses add ₹4–5L, bringing total investment to ₹23–26L over 2 years. Financial aid and loan options are available.

What NMAT score is needed for NMIMS MBA?

NMIMS Mumbai MBA Core typically requires NMAT 70th percentile or above (approximately 210+ raw score out of 360). NMIMS allows 3 NMAT attempts — take all for best score. For MBA HR and specialized programs, 60–65 percentile may be sufficient. CDPI performance also plays a significant role in final selection.

What is the average placement salary at NMIMS?

NMIMS Mumbai MBA Core 2024 average placement was ₹21.5 LPA (median ₹19 LPA). Highest domestic package was ₹75 LPA (international). 99% of students were placed. Top recruiters include McKinsey, BCG, Goldman Sachs, Amazon, Deloitte, EY, and major FMCG and banking companies.

NMIMS vs IIM Kozhikode — which is better?

IIM Kozhikode (NIRF #8, avg ₹22–24 LPA) ranks higher and has a stronger government/PSU pathway. NMIMS (NIRF #28, avg ₹21.5 LPA) has better consulting and BFSI placement, stronger Mumbai alumni network, and the NMAT (70%ile) is more accessible than CAT (93%ile for IIMK). If you can crack IIMK, go there. If NMAT works for you and your target is consulting/finance, NMIMS is an excellent choice.