NMIMS Mumbai offers a two-year, full-time M.Sc in six specialisations, taught by four of its schools on the Vile Parle campus. Four courses publish their seats, 190 in all; Economics and Applied Psychology fix the intake at admission. Every course takes you through its own NMIMS test and interview, with no national exam. The university holds a NAAC A++ grade and stands #52 in the NIRF 2025 university list. The full fee without hostel is INR 7,02,500 for Finance, the costliest, and INR 3,02,500 for Applied Psychology, the cheapest. Pay is published course by course: INR 7.78 LPA on average for Finance in 2025, and INR 12 LPA for Statistics and Data Science in its last report.
| Particulars | Details |
|---|---|
| Course Duration | 2 Years |
| Number of M.Sc Specialisations | 6 |
| Total Seats | 190 in the four courses that publish an intake |
| Admission Through | NMIMS test and interview, set by each school |
| Minimum Eligibility | 50% in a bachelor's degree, plus a subject rule |
| Total Fees | INR 3,02,500 to INR 7,02,500 |
| Finance Fees | INR 7,02,500 |
| Scholarship Available | NSPG, INR 3 Lakhs over two years |
| Highest Package 2025 | INR 14 LPA, M.Sc Finance |
| Placement Rate 2025 | Not published for any M.Sc course |
| NIRF University Rank | #52 in 2025 |
| NAAC Grade | A++ |
The costliest course, Finance, comes to INR 7,02,500 without hostel and INR 12,02,500 with a boys' non-AC hostel room. Its tuition fee is INR 7 Lakhs, paid INR 3.50 Lakhs a year. You pay the first-year fee after the merit list, and the fee differs by specialisation. NMIMS prints the 2025 batch fee and declares each new fee at admission.
| Fee head | Amount | How it is charged |
|---|---|---|
| Tuition, Finance | INR 7 Lakhs | INR 3.50 Lakhs a year, 2 years |
| Tuition, Economics | INR 5.30 Lakhs | INR 2.65 Lakhs a year, 2 years |
| Tuition, the two Statistics courses | INR 5 Lakhs | INR 2.50 Lakhs a year, 2 years |
| Tuition, Data Science | INR 4 Lakhs | INR 2 Lakhs a year, 2 years |
| Tuition, Applied Psychology | INR 3 Lakhs | INR 1.50 Lakhs a year, 2 years |
| Registration fee | INR 2,500 | One time, for each course you apply to |
| Hostel, boys non-AC | INR 5 Lakhs | INR 2.50 Lakhs a year for 10 months, 2 years |
| Hostel security deposit | INR 10,000 | One time, refundable |
| Total, no hostel, Finance | INR 7,02,500 | Tuition + registration fee |
| Total with hostel, Finance | INR 12,02,500 | Everything above except the deposit |
The 2027 calendar is not out, so every row here is Tentative. Registration should open in Feb 2027 and classes should start in Jul 2027. Each school sets its own dates, so follow the notice for your course. In 2026, classes began between 25 Jun and 13 Jul.
| Event | Date | Status |
|---|---|---|
| Online registration opens | Feb 2027 | Tentative |
| Last date to apply, round 1 | May 2027 | Tentative |
| Selection test | Jun 2027 | Tentative |
| Personal interview | Jun 2027 | Tentative |
| First merit list and result | Jun 2027 | Tentative |
| Admission fee payment | Jun 2027 | Tentative |
| Second round merit list, if seats are left | Jul 2027 | Tentative |
| Document check | Jul 2027 | Tentative |
| Classes start | Jul 2027 | Tentative |
| Last date of admission | Jul 2027 | Tentative |
You need a bachelor's degree with 50% in all, and each course adds one subject rule. Finance and Economics want Maths or Statistics in Class 12 and in your degree. Statistics and Data Science wants Statistics in your final year. You can apply in your final year, and the seat stays provisional until your mark sheet comes.
| Requirement | What you need |
|---|---|
| Every course | A bachelor's degree with 50% in all |
| Finance, Economics | Maths or Statistics in Class 12 and in your degree |
| Statistics and Data Science | Statistics in the final year of your degree |
| Applied Statistics and Analytics | A Statistics degree, or any degree with 50% in Class 12 Maths or Statistics |
| Data Science | A Maths, CS, IT, DS or AI degree, a BCA, or a B.E. in those fields |
| Applied Psychology | A B.Sc, B.E., B.Tech, medicine or pharmacy degree, or any Psychology degree |
You register online for each course and pay INR 2,500 per course. Then you write the school's own test and face an interview, and the merit list adds both scores. If your name is on the list, you accept the offer on your dashboard and pay the first-year fee in the window.
| Step | What you do |
|---|---|
| Register online | Fill the NMIMS form and pay INR 2,500 for each course |
| Upload mark sheets | Class 10, Class 12 and degree mark sheets, before the test |
| Write the test | A multiple choice test set by the school for your course |
| Face the interview | On the Mumbai campus, on the date in your call letter |
| Accept and pay | Accept the offer on your dashboard and pay the first-year fee |
Statistics and Data Science and Applied Statistics and Analytics have the most seats, 60 each, and Finance the fewest, 30. Economics and Applied Psychology fix their intake at admission. The fee follows the course, from INR 3,02,500 to INR 7,02,500 without hostel. Every course name below opens its own course page.
| Specialisation | Seats | Full fee | Average pay |
|---|---|---|---|
| M.Sc Finance | 30 | INR 7,02,500 | INR 7.78 LPA |
| M.Sc Statistics and Data Science | 60 | INR 5,02,500 | INR 12 LPA |
| M.Sc Applied Psychology | Not published | INR 3,02,500 | Not published |
| M.Sc Data Science | 40 | INR 4,02,500 | Not published |
| M.Sc Economics | Not published | INR 5,32,500 | INR 8 LPA |
| M.Sc Applied Statistics and Analytics | 60 | INR 5,02,500 | INR 11 LPA |
The merit score is out of 100 marks in every course, and NMIMS publishes no cutoff. The test carries 70 marks in the Statistics school and Finance, 80 in Economics and 50 in Applied Psychology; the interview makes up the rest. Each school draws its own merit list and decides where it stops.
| Route | Courses it opens | What decides the seat |
|---|---|---|
| Statistics school test and interview | Statistics and Data Science, Applied Statistics and Analytics, Data Science | 70-mark test plus 30-mark interview |
| Commerce school test and interview | Finance | 70-mark test plus 30-mark interview |
| Economics school test and interview | Economics | 80-mark test plus 20-mark interview |
| Liberal Arts school test and interview | Applied Psychology | 50-mark test plus 50-mark interview |
Statistics and Data Science averaged INR 12 LPA and Applied Statistics and Analytics INR 11 LPA in the 2020 to 2022 report. Finance averaged INR 7.78 LPA in 2025 with a top offer of INR 14 LPA, and Economics INR 8 LPA in 2024. NMIMS prints no figure for the whole M.Sc and none yet for Data Science or Applied Psychology.
| Metric | Value |
|---|---|
| Finance average pay, 2025 | INR 7.78 LPA |
| Finance highest offer, 2025 | INR 14 LPA |
| Finance companies on campus, 2025 | 30 |
| Economics average pay, 2024 | INR 8 LPA, batch of 39 |
| Economics highest offer, 2024 | INR 10 LPA |
| Economics internship stipend, 2024 | INR 7,000 average, INR 20,000 highest, a month |
| Statistics and Data Science average, 2020 to 2022 | INR 12 LPA |
| Applied Statistics and Analytics average, 2020 to 2022 | INR 11 LPA |
| Top recruiters | Amazon, Deloitte, Citi, Kotak, CRISIL, RBI, FactSet |
The National Scholarship for PG Studies pays INR 15,000 a month for 10 months, INR 3 Lakhs over the two years. The Central Sector Scheme pays INR 20,000 a year if you won it after Class 12. NMIMS publishes no fixed scholarship amount for these courses, and you can hold only one government award at a time.
| Scholarship | Who can get it | Amount or waiver |
|---|---|---|
| National Scholarship for PG Studies (NSPG) | Under 30 at admission, first PG degree, picked on merit | INR 15,000 a month for 10 months, 2 years |
| Central Sector Scheme, PG years | Won after Class 12, family income up to INR 4.50 Lakhs | INR 20,000 a year |
NIRF 2025 placed NMIMS #52 among universities, and NAAC gave it A++ with a score of 3.67. Collegedunia ranks it #155 for Science in 2026. NIRF looks at teaching, research and graduate outcomes, and NAAC grades the whole university.
| Ranking body | Year | Rank or grade |
|---|---|---|
| NIRF, University | 2025 | #52 |
| NAAC | 2025 | A++, score 3.67 |
| Collegedunia, Science | 2026 | #155 |
A boys' non-AC hostel room costs INR 2.50 Lakhs for 10 months and a girls' AC room INR 3.70 Lakhs, plus a refundable deposit of INR 10,000. Outstation students get rooms first. You apply to the hostel office by email after admission, and next year's hostel fee is paid between February and April.
| Item | Detail |
|---|---|
| Boys hostel, non-AC | INR 2.50 Lakhs for 10 months |
| Girls hostel, AC | INR 3.70 Lakhs for 10 months |
| Security deposit | INR 10,000, refundable |
| Campus | Vile Parle West, Mumbai |
The 2027 calendar is not out. These estimates hold for every specialisation.
Source: NMIMS school admission handouts and date notices, 2026.
This is the full 2-year cost. Tuition differs by specialisation: tap yours.
Source: NMIMS school handouts 2026, which print the 2025 batch fee.
Pick your degree and your marks. Every course has its own rule.
NMIMS publishes no cutoff or merit score for any M.Sc, so these verdicts read only the subject and marks rules in each course handout. The seat itself comes from the test and interview, out of 100 marks, so prepare for the test of the course you want most.
Answer two questions to see what you can claim on the Finance fee.
Each chip below says which answer blocked the scheme.
Short answers to what students ask before they apply.
This page is AI assisted and human verified.
Comments
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