Narsee Monjee (NMIMS) Ranking 2026 — NIRF, MBA Fees & Honest Review
NMIMS ranking 2026: NIRF #28 (Management), avg MBA placement ₹21.5 LPA, MBA fee ₹19-21L. NMAT 70%ile cutoff. McKinsey, BCG, Goldman Sachs recruit. Compared with IIM-K, MDI, SP Jain.
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
| Ranking Body | Category | Rank (2024) |
|---|---|---|
| NIRF 2024 | Management | #28 |
| NIRF 2024 | University | #31 |
| NIRF 2024 | Overall | #39 |
| India Today 2024 | MBA / B-Schools | #12 |
| Outlook India 2024 | B-Schools | #15 |
| The Week 2024 | Best B-Schools | Top 15 Private |
| Business Today 2024 | B-Schools | #13 |
| QS World Rankings 2025 | South Asia | Top 100 |
| NAAC | Accreditation | A+ |
Where NMIMS sits: It's comfortably in India's top 15 private B-schools. Above ABS, IMT, FORE, LBSIM. Below IIM ABC/Calcutta/Kozhikode and XLRI Jamshedpur. Comparable peer: SP Jain Mumbai, MDI Gurgaon, and IIFT Delhi.
NMIMS Programs & Fee Structure 2026
NMIMS offers management, engineering, pharmacy, law, and design programs. The MBA is the flagship:
| Program | Campus | Duration | Total Fee | Admission Test |
|---|---|---|---|---|
| MBA (Core) | Mumbai | 2 years | ₹19–21 lakh | NMAT 70%ile+ |
| MBA (Human Resources) | Mumbai | 2 years | ₹17–19 lakh | NMAT 65%ile+ |
| MBA (Pharmaceutical Management) | Mumbai/Hyderabad | 2 years | ₹14–16 lakh | NMAT 60%ile+ |
| MBA (Banking) | Mumbai | 2 years | ₹15–17 lakh | NMAT 60%ile+ |
| MBA Tech (5-year integrated) | Mumbai | 5 years | ₹30–35 lakh | NMAT + Class 12 |
| B.Tech (CSE / IT / ECE) | Mumbai/Shirpur | 4 years | ₹10–12 lakh | JEE Main / NMAT |
| B.Com (Hons.) | Mumbai/Bengaluru | 3 years | ₹7–8 lakh | NMAT / Direct |
| BBA | Mumbai/Bengaluru/Hyderabad | 3 years | ₹6–7 lakh | NMAT / Direct |
Fee Comparison
Estimated Fee Structure — University Review (2026)
2 Years
2 Years
2 Years
NMIMS MBA Placements 2024 — Real Numbers
NMIMS Mumbai placement is where the brand truly delivers. The 2024 placement season was strong:
| Metric | MBA Core 2024 | MBA HR 2024 |
|---|---|---|
| Average Package | ₹21.5 LPA | ₹16 LPA |
| Median Package | ₹19 LPA | ₹14 LPA |
| Highest Package | ₹75 LPA (international) | ₹35 LPA |
| Companies Visited | 250+ | 120+ |
| Placement % | 99% | 98% |
| PPO Rate | 22% | 18% |
Dream recruiters at NMIMS 2024: McKinsey & Company, BCG, Bain & Company, Goldman Sachs, Citi, KPMG, EY, Deloitte, Amazon, Google, Flipkart, Nykaa, Aditya Birla Group, Tata Motors, Asian Paints, Nestlé, HUL, ITC, Marico, Mondelez, JPMorgan Chase, Barclays.
The consulting-finance trifecta: NMIMS is one of the few non-IIM schools where MBB (McKinsey, BCG, Bain) actively recruit. If management consulting is your goal and you can't crack IIM ABC, NMIMS is the strongest alternative in India.
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
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NMIMS vs Other Top B-Schools — Full Comparison
| College | NIRF Rank | MBA Fee (2yr) | Avg Placement | Cutoff |
|---|---|---|---|---|
| IIM Ahmedabad | #1 | ₹23–25L | ₹35+ LPA | CAT 99.5%ile |
| IIM Bangalore | #2 | ₹23–24L | ₹33+ LPA | CAT 99.5%ile |
| XLRI Jamshedpur | #10 | ₹18–20L | ₹28 LPA | XAT 95%ile |
| MDI Gurgaon | #14 | ₹18–19L | ₹24 LPA | CAT 93%ile |
| SP Jain (Mumbai) | — | ₹16–18L | ₹22 LPA | CAT/XAT/GMAT 85%ile |
| NMIMS Mumbai | #28 | ₹19–21L | ₹21.5 LPA | NMAT 70%ile |
| IMT Ghaziabad | #31 | ₹16–18L | ₹14 LPA | CAT 75%ile |
| Amity Business School | #52 | ₹12–14L | ₹8–12 LPA | No exam / ASAT |
Key insight: NMIMS Mumbai is the highest-placed non-IIM MBA for management consulting and investment banking. It's more accessible than IIM ABC (NMAT 70%ile vs CAT 99%ile) but delivers placement outcomes closer to IIM Kozhikode/Indore than to IMT or FORE.
NMIMS Admission 2026 — How to Get In
The MBA Core admission process is well-defined:
- NMAT by GMAC — Appear in October–December 2025 (3 attempts allowed). Target 70+ percentile (200+ raw score) for MBA Core.
- CDPI shortlist — NMIMS shortlists based on NMAT score for Case Discussion and Personal Interview (CDPI).
- CDPI rounds — January–February 2026. Case Discussion (group, 20 min) + Personal Interview (1:1, 15–20 min).
- Merit list — Final selection based on NMAT (60%) + CDPI performance (30%) + academic record (10%).
- Offer letter & fee payment — March–April 2026.
| Program | Min NMAT Percentile | Batch Size | CDPI Shortlist Ratio |
|---|---|---|---|
| MBA Core (Mumbai) | 70%ile (approx. 210+ score) | 600 | ~3:1 |
| MBA HR (Mumbai) | 65%ile | 120 | ~3:1 |
| MBA Pharma | 60%ile | 60 | ~2.5:1 |
| MBA Banking | 60%ile | 60 | ~2.5:1 |
NMAT strategy: NMAT allows 3 attempts — take all 3 if needed. Language Skills (32 qs), Quantitative Skills (36 qs), Logical Reasoning (36 qs). Total 108 questions, 120 minutes. Improve score attempt by attempt — NMIMS takes your best score.
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.
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NMIMS Campuses — Which One to Choose?
| Campus | Programs | Strength | Placement Avg (MBA) |
|---|---|---|---|
| Mumbai (Main — Vile Parle) | MBA, B.Tech, BBA, B.Com, Pharmacy, Law | Strongest brand, top placements, Mumbai industry access | ₹21.5 LPA |
| Bengaluru | MBA, BBA, B.Com, B.Sc | Good tech/startup ecosystem access | ₹12–16 LPA |
| Hyderabad | MBA (Pharma), BBA, B.Com | Pharma industry connections | ₹10–14 LPA |
| Navi Mumbai (Deemed-to-be) | MBA, B.Tech, Pharmacy | Engineering + science programs | ₹10–14 LPA |
| Indore, Chandigarh, Dhule | BBA, B.Com, B.Sc | UG programs, lower fees | ₹5–9 LPA |
Always choose Mumbai for MBA — the brand premium, placement network, and industry exposure from Vile Parle campus are significantly better than any other NMIMS campus. The gap between Mumbai and other campuses is larger than the gap between NMIMS Mumbai and IIM Shillong.
Is NMIMS Worth the Fee in 2026?
The ROI math on NMIMS Mumbai is positive if you go in with the right mindset:
- Fee: ₹19–21L (2 years) + ₹4–5L living = ~₹24–26L total investment
- Year 1 salary: ₹18–22 LPA (median)
- Break-even: 14–16 months post joining
- 5-year earnings premium: vs no MBA = ₹60–80L additional
Compare this to Amity/IMT/FORE (₹12–16L fees, ₹8–14 LPA avg) — the premium is worth it if you can get in. NMIMS at ₹21L delivers outcomes closer to IIM Kozhikode (₹21L fees, ₹20 LPA avg) than to tier-2 private schools. The brand and network compound over time.
Frequently Asked Questions
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.
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