NMIMS Mumbai MBA: Fees 2026, Course Duration, Dates, Eligibility

Content Curator | Updated on - Jul 23, 2026

SBM NMIMS Mumbai offers a 2-year full-time MBA across five specializations: MBA Core, MBA HR, MBA Business Analytics, MBA Digital Transformation, and MBA Pharmaceutical Management. AACSB and AMBA accreditations and NAAC A++ rating underpin the program. Fees range from INR 23,00,000 to INR 27,00,000. Admission requires NMAT by GMAC scores followed by a Competency Assessment and Personal Interview.

📋 Admission Status: MBA 2026-28 batch admissions are closed. NMAT 2026 registration for the 2027-29 batch is expected to open around August 2026 (Tentative).

Key Points

AACSB and AMBA accreditation places SBM NMIMS among a small group of Indian business schools with dual international recognition
Only NMAT by GMAC scores are accepted. CAT and XAT scores are not considered for MBA admission at SBM NMIMS
30% of MBA seats are reserved for female candidates as part of NMIMS gender diversity policy
The Competency Assessment carries 60% weight in the selection process, higher than the NMAT score at 10%

NMIMS Mumbai MBA Fees 2026

SBM NMIMS MBA fees vary by specialization. The MBA Core program carries the highest fee at INR 27,00,000 for the full 2-year duration. Fees are payable semester-wise and do not include hostel charges.

Course	Total Fees (2 Years)
MBA Core	INR 27,00,000
MBA HR	INR 25,50,000
MBA Business Analytics	INR 23,00,000
MBA Digital Transformation	INR 23,00,000
MBA Pharmaceutical Management	INR 23,00,000

Fees are subject to revision for each new batch.
Hostel charges are billed separately by NMIMS.

NMIMS Mumbai MBA Admission 2026

Important Dates

Event	Date
NMAT 2025 registration opened	August 2025
NMAT 2025 exam window	November to December 2025
Competency Assessment and PI for MBA 2026-28	February to March 2026
MBA 2026-28 admissions closed	June 2026
NMAT 2026 registration for MBA 2027-29 (expected)	August 2026 (Tentative)

Dates for the 2027-29 batch are indicative and subject to change.

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

Bachelor’s degree in any discipline with minimum 50% aggregate marks from a recognized university
Valid NMAT by GMAC score (only the first attempt score is considered by NMIMS)
Final-year graduation students may apply provisionally, subject to clearing the degree before the joining date

Admission Process

Register for NMAT by GMAC at mba.com and apply to NMIMS SBM through the NMIMS MBA registration portal at nmat.nmims.edu
Appear in NMAT by GMAC within the exam window and ensure the score is sent to NMIMS
NMIMS shortlists candidates based on NMAT score for the next stage
Shortlisted candidates appear in the Competency Assessment Test followed by a Personal Interview
Final selection is based on a composite score where Competency Assessment carries 60% weight, NMAT score 10%, and academic and other profile elements the remaining 30%

NMIMS Mumbai MBA vs Other Colleges

Here is how NMIMS Mumbai MBA compares with other leading business schools on fees, entrance exams, and placements.

College	NMIMS Mumbai	XLRI Jamshedpur	MDI Gurgaon	IIM Kozhikode
Fees	23 L to 27 L	30.5 L	28.16 L	Not Disclosed
Exams	NMAT	XAT	CAT	CAT
Cutoff	Not Disclosed	Not Disclosed	Not Disclosed	Not Disclosed
Salary	INR 25.13 LPA (Avg, 2024)	INR 31.08 LPA (Avg, 2025)	Not Disclosed	Not Disclosed
CD Rating	Not Rated	Not Rated	Not Rated	Not Rated

✓ Opt for this if

You score well on NMAT and are targeting a Mumbai-based top-tier MBA with strong finance and consulting placements
You want an internationally accredited MBA from a school that places well in BFSI and technology sectors
You prefer a smaller cohort and closer alumni network compared to IIM programs

✗ Skip if

You only have a CAT or XAT score and have not registered for NMAT
You are targeting an IIM brand or IIM Ahmedabad or IIM Bangalore tier placements
Your final graduation percentage is below 50%, as NMIMS does not offer conditional admission exceptions

NMIMS Mumbai MBA Placement 2025

Per the 2023-24 SBM NMIMS placement data, the MBA Core batch averaged INR 25.13 LPA and MBA HR averaged INR 18.64 LPA. The highest package was INR 67.70 LPA. A total of 190 companies recruited from campus and 37% of the batch received Pre-Placement Offers.

Metric	2023-24 Data
Highest Package	INR 67.70 LPA
Average Package (MBA Core)	INR 25.13 LPA
Average Package (MBA HR)	INR 18.64 LPA
Companies Participated	190
PPO Rate	37%

NMIMS Mumbai MBA Scholarships 2026

SBM NMIMS MBA students may be eligible for scholarships from external foundations and government schemes based on merit and financial need.

Scholarship	Amount	Eligibility	Deadline
Mirae Asset Foundation Need-cum-Merit Scholarship	Up to INR 30,00,000	Full-time MBA students with financial need and merit	As announced each batch year
Central Sector Scholarship	INR 20,000 per annum (PG level)	Top 20th percentile in graduation, family income below INR 8 LPA	As per NSP portal dates

Scholarship availability and amount is confirmed annually by the respective bodies.

NMIMS Mumbai MBA Ranking

Ranking Agency	Latest	Previous
	#18 out of 350 (2026)	#19 out of 372 (2025) #7th Mumbai
	#30 out of 270 (2026) #6th Mumbai #10 Maharashtra	#8 out of 275 (2024) #3rd Maharashtra
	#10 out of 235 (2024) #3rd Mumbai #4 Maharashtra	#5 out of 159 (2020) #2nd Mumbai #3 Maharashtra
	#24 out of 125 (2025) #4th Mumbai #5 Maharashtra	#21 out of 125 (2024) #4th Mumbai #5 Maharashtra
	#4 out of 119 (2021)	#4 out of 155 (2020)
	#8 out of 120 (2026)	#5 out of 122 (2025)
	#6 out of 50 (2019) #1st Mumbai #2 Maharashtra	-

NMIMS Mumbai MBA FAQs

Ques. Why does NMIMS SBM accept only NMAT and not CAT or XAT, and how should I plan my exam strategy?

Ans. NMIMS SBM uses NMAT by GMAC exclusively because the school aligns with an international testing standard. Only the first NMAT attempt score counts, so retaking in the same cycle will not help even if you improve. Register early, prepare specifically for NMAT’s timing-based format, and treat that first attempt as your final one. CAT or XAT scores are not accepted regardless of the percentile.

Ques. What is the Competency Assessment at NMIMS and why does it carry 60% of the selection weight?

Ans. The Competency Assessment is a structured written test conducted after NMAT shortlisting. It tests analytical reasoning, business judgment, and written communication. NMIMS moved significant weight to this stage to identify genuine business aptitude beyond standardized test performance. A high NMAT score alone will not secure admission if the Competency Assessment result is below par. Prepare with case-style writing and structured reasoning exercises well before the assessment date.

Ques. Is the 30% female reservation at NMIMS SBM filled separately from the general merit list, or does it reduce seats for male applicants?

Ans. The 30% female seats are filled from female applicants ranked on the same composite score. If enough female candidates meet the cutoff, they are admitted on merit. When the female applicant pool is smaller, NMIMS may apply a slightly lower cutoff to reach the target. This can narrow open seats for male applicants in high-demand years. Female candidates benefit from this policy most in MBA Core and Business Analytics, where overall competition is the fiercest.

Ques. How do NMIMS MBA placements compare to IIM programs, and which sectors recruit most from SBM NMIMS?

Ans. NMIMS SBM placements compare with middle-tier IIMs in average salary but fall below IIM Ahmedabad, Bangalore, and Calcutta in peak packages. The strongest recruiting sectors are BFSI, technology consulting, FMCG, and healthcare. Students who leverage NMIMS’s Mumbai location and target these sectors tend to outperform the published average. Investment banking and private equity roles are possible but require strong internship performance during the program.

Ques. What work experience is ideal before applying to the NMIMS SBM MBA, and does fresher admission happen?

Ans. NMIMS SBM admits both freshers and experienced candidates. Work experience is not mandatory. Candidates with 1 to 3 years in finance, technology, consulting, or healthcare tend to present stronger Competency Assessment responses and more credible interview narratives. Freshers should rely on strong academics, internships, and co-curricular achievements to stand out. NMIMS values cohort diversity and considers non-academic contributions in the selection process.