School of Business Management (SBM) is a Department for Management studies functioning under NMIMS University, Mumbai. The institute comes among the premier private B-schools in India with AACSB accreditation is ranked 4th in the Outlook-ICARE MBA rankings 2020 for Private B-Schools. This department offers management programs like MBA, Executive MBA, Enterprise Training for women, Management Development Programs, and Ph.D. in Management. Admission is based on the entrance exam namely NMIMS-NMAT at the institute level.
The school has been consistently ranked among the top business schools in India with a stellar placement record. This year, a total of 179 companies visited the campus for the summer placement and offered INR 3 LPA as the highest stipend.
|Established | Type||2008 | Deemed-to-be-University|
“Grade A” by NAAC
AACSB (Association to Advance Collegiate School of Business)
|Courses||MBA, MBA (Part-Time), MBA Executive, Ph.D, Diploma Programs|
|Economic Times (2019)||6|
|Private MBA by Business Today (2019)||9|
|Private MBA by NIRF (2019)||20|
|Business Today 2019 Ranking for EMBA||11|
|Business World (2019)||8|
|The Week (2018)||4|
The School of Business Management, Mumbai provides various courses under the postgraduate level. Mentioned below the list of Courses:
Subjects: Finance, Information Systems, Marketing and Operations & Decision Sciences, Human Resources, Pharmaceutical Management, Law, Real Estate Management, Business Analytics and Digital Transformation
Eligibility: Bachelor’s degree in any discipline with 50% marks + NMAT Score
|Dual Degree In MBA|
Subject: Decision Science & Analytics + MS in Business Analytics & Information (Prude University)
Eligibility: Bachelor's Degree in any discipline from recognized University with minimum 50% marks + TOEFL score (Minimum 93) +IELTS (7.0 or higher) + GMAT / NMAT / GRE Score + Group Discussion and Personal Interview
Subjects: Finance, Marketing, HR, Information Systems, & Operations, Pharmaceutical Management
Eligibility: Graduates holding a 5 year of work Experience (Managerial/ Supervision)
Subject: General, Social Entrepreneurship
Eligibility: A graduate with 2 years work experience is eligible + NMAT / GMAT Score + Personal Interview
|Ph.D.||Master’s degree in any discipline with 60% marks|
The selection criteria of the institute are based on an entrance test namely NMAT conducted by GMAC. This will be followed by a personal interview. For admission in MBA (Part-time), the students are selected on the performance in written test and personal interview. Candidates with a GMAT score of more than 600 are also eligible for admission.
For courses, where admission will be granted on the basis so of NMAT: The application form for NMAT can be filled by visiting https://www.nmat.org/.
For other Courses:
Stage 1: NMAT by GMAC™ test is a mandatory test for applying to the following NMIMS University programs:
Stage 2: Case Discussion (CD) and Personal Interview (PI) only for shortlisted candidates.
Note: The result for NMAT by GMAC™ test will be declared on the www.nmat.org.in website and the shortlisting for the next round of CD and PI will be declared on the www.nmims.edu website.
Know more: SBM NMIMS Admission
SBM NMIMS has a legacy of 39 years, once again SBM NMIMS Mumbai 2019-2020 placement season witnessed great placements. It is ranked among the top B-Schools in India and the placement process saw a healthy mix of recruiters from reputed organizations. Top 5% of students of MBA (HR) were offered an average CTC of INR 19.83 LPA and 34% of the students got placed in FMCG, FMCD and Retail. The top 50 students of MBA were offered CTC of worth INR 29 LPA. Tabulated below are the placement highlights of the institute:
|No. of Companies Visited||250+||-|
|Highest Stipend||INR 3 LPA||-|
|Highest Domestic Package||INR 38.57 LPA||INR 22 LPA|
|Highest International Package||INR 58.61||INR 14.98 LPA|
|Top Recruiting Sectors||PPIs and PPOs||PPIs and PPOs|
Top Recruiters at SBM NMIMS include Aditya Birla Group, UltraTech India, Swiggy, OYO, Mahindra, L'Oréal, Reliance, Ola, Cognizant, Deloitte, EY, KPMG, PwC, IBM and Microsoft among various others.
Click here: School of Business Management NMIMS Placements
Following are the facilities offered by the B-school to cater to the needs of the students:
SBM has an abundance of intellectual capital in the form of faculty members who are renowned in their respective fields and are committed to creating a dynamic learning environment. They create knowledge through extensive research in all functional areas of management, help the school to develop the curriculum in line with the evolving business environment and develop and practice innovative methods of teaching and learning.
The faculty research activities include publication in national and international journals with high impact factor and citation index, the publication of case studies, presentation of papers in national and international conferences and corporate and government research and consulting projects.
Click here: School of Business Management NMIMS Faculty
Ques. What is the seat intake capacity for admission at the School of Business Management NMIMS University?
Ans. The seat intake capacity for admission at School of Business Management NMIMS University is tabulated below:
|MBA (Finance, Information System, Marketing, Operations & Decision Sciences)||600|
|MBA Human Resource||120|
|Dual Degree in MBA Decision Science & Analytics + MS in Business Analytics & Information Management from Purdue University Mumbai||60|
|MBA Pharmaceutical Management||120|
|MBA Business Analytics||120|
|MBA Digital Transformation||60|
Ques: What is the expected cutoff for NMIMS, Mumbai?
Ans. 90 percentile is the expected cut off for NMIMS, Mumbai.
Check: NMAT 2020 Cutoff
Ques. What are the jobs with the average salary offered to Executive MBA graduates?
Ans. The following are the job profiles of Executive MBA graduates along with the average salary is tabulated below:
|Job Profile||Average Salary (INR)|
|Marketing and Sales Executive||INR 3-4 Lakhs|
|Brand Executive||INR 5-8 Lakhs|
|Communications Manager||INR 7-8 Lakhs|
|Customer Support Executive||INR 2-5 Lakhs|
|Quality Control ManagerGeneral Manager||INR 6-8 Lakhs|
Check: Executive MBA Course
Ques. What is the fee structure of MBA Law at the School of Business Management NMIMS University?
Ans. The total fees of MBA Law at the School of Business Management NMIMS University is INR 14,00,000.
Ans. Both NMIMS and IIM Indore are leading institutes for MBA. NMIMS is a private university whereas IIM Indore is accredited by the government institutes. Students are required to be clear that MBA Tech from NMIMS is a post-graduate program and can only be pursued after getting an undergraduate degree. Whereas, IIM Indore’s IPM has admissions for students after 12th standard at the undergraduate level. It is a five year integrated management course. Ranking: NMIMS has been ranked as the 7th best university for MBA by Business Today. It has also been ranked in the top 100 best Business Schools in India by NIRF in 2017. IIM Indore has been ranked as the number one institute for MBA education in India. Students all over the world attempt to get into IIM for its excellent course structure and placement opportunities. Admission: NMIMS For admission to NMIMS students are required to have a verified undergraduate degree and test scores of GMAT. For students who have not given GMAT, they can appear for NMAT which is conducted by NMIMS. The final admissions will be based on merit. IIM Indore For admission to IIM Indore, IPM program, students are required to have cleared 10+2 level of education. Students are required to give the IPM test, set my IIM Indore faculty and pass it to secure a place in the institute. Program Details: NMIMS MBA Tech at NMIMS is mainly focused on technological development in the fields of MBA. It is mainly for students who are interested in computer science and wish to pursue an MBA at a recognized institute. It is a 2-year program and only undergraduate students are eligible for admission. IIM Indore IPM at IIM Indore is an Integrated MBA program for 5 years. Students who have cleared 10+2 are eligible for this course. At the end of 5 years, students receive an MBA degree from IIM Indore itself. Students do not specialize in any particular field of MBA. Thus both courses have their pros and cons. It completely depends on the students and their interests as well as their financial capabilities about which university and course they want to pursue. However, students should be aware of the differences and eligibility of the two courses before applying for the institute. Thus, more thorough research will be requiredRead more
Ans. NMIMS School of Management Bangalore has been ranked at 29 for private MBA by Business Today in 2019 and offers a two-year full-time MBA-PGDM course with Marketing/HR and Finance specializations. Goa Institute of Management is ranked at 48 for MBA by NIRF in 2019 and offers a PGDM program across two-years with a Finance and Accounting specialization. While both the institutions offer a well-structured program, let us look at some main points of difference that will help students in making an informed choice: Admissions Particulars NMIMS Bangalore GIM Goa Admission criteria Minimum 50% score in Bachelor’s degree. Minimum graduation score of 50%. Qualifying Exams NMAT by GMAC CAT/XAT/CMAT/GMAT Total seats 60 60 Fees 16.50 Lakhs 16.98 Lakhs Faculty NMIMS Bangalore: It observes a high number of research and guest faculty all through the academic session in order to help students have a fine educational experience. The teachers are part of international conferences where students are given the opportunity to present their dissertations and research papers. GIM Goa: The faculty members are trained to teach students effective methods of organizational development and leadership. They use creative techniques for teaching such as group seminars and laboratory exercises in order to develop important skill sets and ensure that students are industry-ready. Infrastructure NMIMS Bangalore It has great infrastructure and offers a conducive learning environment for students. The entire campus is well-connected by high-speed internet, WYLAN, CCTV cameras, gated academic buildings and a hostel facility, which is distanced at 4 km from campus. It also offers free shuttle service for commuting, AI and computer labs and video-equipped classrooms. GIM Goa: It offers a well-stacked library which has a tie-up with the University of Ohio, a computer and finance lab, hostel facilities, and a sports complex. The campus has an in-built meditation room right across from the seminar hall which students are free to use. It also has a convenience store and amphitheater. Placements Particulars NMIMS Bangalore GIM, Goa Highest CTC 21.4 LPA 25.6 LPA Average CTC 1.1 LPA 11.72 LPA Median salary 9.3 LPA 11.4 LPA Top recruiters Accenture, Ambuja Cement, Airtel Axis Bank, HSBC, JP Morgan The curriculum of NMIMS Bangalore focuses on implementing soft skills and communication strategies to students through workshops and seminars. On the other hand, GIM Goa has a good mix of core and elective subjects delivering the most updated developments in the finance and accounting sectors.Read more
Ans. NMIMS Mumbai and IMT Ghaziabad both offer MBA Marketing as a distance learning option for the former and on campus for the latter. When making a choice between the two, students can compare between eligibility, program fee, course curriculum as well as placements. The following points highlight these aspects at both institutes: Fee structure and Eligibility: The table mentioned below provides information on the fee structure and eligibility at both institutes: College Fee Structure Eligibility NMIMS Mumbai INR 87,000 (full course fee) Graduation with 50% with or without work experience IMT Ghaziabad INR 17.55 lakhs (full course fee) Three year’s bachelor’s degree or equivalent , CAT, XAT, GMAT, scores Course Curriculum: NMIMS Mumbai: The two-year program offers understanding in a variety of fields of marketing for practical application. It integrates concepts of management with marketing management including segments of both traditional and modern-day marketing It allows students to explore fields of business economics, financial accounting, and analysis, management theory and practice, etc. IMT Ghaziabad: It offers students exposure via various on-ground projects and business impacts in society. The course also offers cross-functional core subjects like design thinking, negotiation skills which help develop a student’s problem-solving skillset. The main subjects offered include human resource management, marketing management, finance management, entrepreneurship, etc. Placements: NMIMS Mumbai: Students from the program go on to become market researchers, brand managers, marketing managers as well as PR managers. The institute has also partnered with various MNCs, corporations, and startups to help students find a job. Some of the partner organizations include Eminent Land, Michelin, Mindteck, Tata, Vivo India, Wockhardt, etc. IMT Ghaziabad: Students from the PGDM Marketing program are recruited by a number of organizations like Virtusa, Honeywell, Adobe, Cognizant, Amazon, Zomato, etc. The average median salary offered to students is INR 12 lakhs per annum with the highest CTC of INR 58.22 lakhs per annum. Recruitments are offered in the fields of media and entertainment, e-commerce, consulting, automobile, etc. While NMIMS offers placement aid, IMT Ghaziabad ensures that students are placed from the institute. However, fee wise, IMT Ghaziabad is more expensive. Students can consider other aspects like faculty as well when making a decision.oRead more