MBA in Finance is a two-year full-time program offered by NISM, an institute founded by SEBI (Securities and Exchange Board of India). This article provides key details of the NISM Finance MBA, including admission fee, placement, eligibility, and career prospects in the securities & investment banking sectors.
Estd Year | 2006 |
Ownership | SEBI |
Campus Size | 72 acres |
Program | PGDM (SM) |
Exam Accepted | CAT, XAT, CMAT, MAT |
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NISM was established as a trust in the year 2006 by SEBI to enable autonomy and adaptability in developing capital-market-focused programs. This institute is spread across 72 acres and offers the PGDM (SM), which is a residential program of two years and is approved by AICTE. Located in Navi Mumbai, the institute accepts exams such as CAT, XAT, CMAT, and MAT to help students build a career in financial services.
Program Type | Duration | Focus Area | Accreditation/Approval |
2 years (residential) | Securities markets and financial management | Approved by SEBI, CAT/ZAT/CAMAT/MAT accepted | |
1 year (full-time) | Investment and securities markets | PGPM Program | |
1 year (full-time) | Legal aspects of securities markets | PGPM Program |
This table highlights the courses offered by NISM. The type of program, its duration, key emphasized areas, and their accreditation are all listed in the above data.
Parameters | Details |
Batch Size | 92 |
Students opted for placement | 81 |
Placement % | 100% |
Highest CTC | 16.32 LPA |
Average CTC | 9.07 LPA |
The number of students in a batch is 92 and out of 92 students 81 opted for placement. That means 11 students didn't even appear in the placement. This table shows 100 per cent outcomes in terms of placement. The highest package provided is Rs. 16.32 LPA and the average package is Rs. 9.07 LPA.
Research Analyst | |
Investment Manager | |
Compliance Officer | |
Risk Manager | Treasury Manager |
Portfolio Strategiest |
There are several career opportunities in the domain of the capital market and financial services. This table lists the key roles students can opt for after completing their graduation in the Finance MBA by NISM.
Company/Organization | Sector |
NSDL (National Securities Depository Ltd) | Securities Depository |
Morgan Stanley | Investment Banking |
NSE (National Stock Exchange) | Stock Exchange |
BSE (Bombay Stock Exchange) | Stock Exchange |
IDBI Bank | Banking |
Edelweiss | Investment Banking |
UTI Mutual Fund | Mutual Fund |
JP Morgan Investment Bank | Investment Banking |
MCX (Multi Commodity Exchange) | Commodity Exchange |
Reliance Money | Wealth Management |
Bajaj Asset Management | Asset Management |
Various banks (Federal Bank, Yes Bank, RBL Bank, CSB Bank, DCB Bank) | Banking |
This table lists the potential recruiters across various sectors. Many companies like NSDL, NSE, Reliance Money, and Morgan Stanley participate in the recruiting drive of NISM.
Criteria | Details |
Minimum Qualification | Bachelor’s Degree of minimum 3 years’ duration and obtained at least 50 per cent marks. |
Entrance Test | CAT 2025, XAT 2026, CMAT 2026, MAT 2025/2026 |
Personal Interview | Online |
This table highlights the eligibility criteria of taking admission in MBA Finance program in NISM. Minimum qualification required for the course, entrance test accepted and mode of personal interview are detailed above.
Event | Date & Time |
Online Applications Open | December 20, 2025 (1730 Hrs) |
Last Date for Submission of Online Application | March 23, 2026 (2359 Hrs) |
Announcement of Call for Online Personal Interviews | April 23, 2026 (1730 Hrs) |
Date of Online Personal Interviews | May 04 – 13, 2026 |
Announcement of First Selection List | June 10, 2026 (1730 Hrs) |
Announcement of Second Selection List | June 20, 2026 (1730 Hrs) |
Announcement of Third Selection List | June 30, 2026 (1730 Hrs) |
Student Orientation and Document Verification | July 10, 2026 (1100 Hrs) |
Academic Session Begins | July 13, 2026 |
The application form has been open since December 20, 2025 and the last date to submit an application online is March 23, 2026. Personal interviews and selection list dates are mentioned in the above table. The academic session will commence on July 13, 2026.
Criteria | Weightage (%) |
Competitive Exam Score (CAT 2025, XAT 2025, CMAT 2025, MAT 2025/26) | 50 |
Personal Interview (PI) | 30 |
Past Academics (Xth / SSC) or Equivalent Examination | 5 |
Past Academics (XII / HSC) or Equivalent Examination | 5 |
Past Academics (Graduation) | 5 |
Profile (Academic Diversity and Gender Diversity) | 5 |
The table represents the weightage distribution among various criteria. 50 per cent weightage is given for the scores of competitive exams. 30 per cent weightage is for the personal interview. 15 per cent weightage is for academic performance (five per cent each for 10th, 12th, and graduation), and the remaining five per cent is for academic and gender diversity.
Particulars | 1st Installment | 2nd Installment | 3rd Installment | 4th Installment |
Tuition Fee | 1,45,200 | 1,45,200 | 1,45,200 | 1,45,200 |
Lab & Library Fee | 15,000 | 15,000 | 15,000 | 15,000 |
Exam Fee | 5,000 | 5,000 | 5,000 | 5,000 |
Alumni Fund | 2,000 | – | – | – |
Student Welfare | 6,000 | – | – | – |
Total Program Fees (A) | 1,73,200 | 1,65,200 | 1,65,200 | 1,65,200 |
Library Deposit – Refundable (B) | 10,000 | – | – | – |
Total Fees including Refundable Deposits (A + B) | 1,83,200 | 1,65,200 | 1,65,200 | 1,65,200 |
Gross Total | 6,78,800 | |||
This table shows the installment-wise NISM fee structure. Fee is split into four installments among various particulars. The total fee for PGDM-SM program in NISM is approximately Rs. 6.78 Lakhs.
Particulars | 1st Installment | 2nd Installment | 3rd Installment | 4th Installment |
Accommodation Fee | 57,000 | 57,000 | 57,000 | 57,000 |
Dining Fee | 35,000 | 35,000 | 35,000 | 35,000 |
GST on Food (5%) | 1,750 | 1,750 | 1,750 | 1,750 |
Total Accommodation & Dining Fee (A) | 93,750 | 93,750 | 93,750 | 93,750 |
Hostel Deposit – Refundable (B) | 10,000 | – | – | – |
Total Fees including Refundable Deposits (A + B) | 1,03,750 | 93,750 | 93,750 | 93,750 |
This table highlights the additional fee structure for hostel and dining. But students considering NISM for finance MBA need not worry about the fees, as you can expect a high ROI. The packages after placement in this course by NISM are high, so the fees will usually be recovered within a year.

NISM graduates have a presence across India as well as internationally. Approximately nine per cent of NISM alumni work globally, including the UK, the US, UAE, and Canada. 91 per cent are working across India, including Maharashtra, Delhi, UP and Karnataka. The majority of alumni in India are working in Maharashtra, Mumbai.
Post-graduates in finance MBA from NISM can also opt for entrepreneurial opportunities. After completion of this program, graduates can begin with their own portfolio management companies, financial services company, or mutual fund distribution backed by a good network of alumni. As the application dates and interview dates are mentioned above.
On Question asked by student community
The Integrated Program in Management at TAPMI Manipal is a five-year program leading to a BBA and MBA degree, approved by the All-India Council for Technical Education (AICTE) and governed by the Manipal Academy of Higher Education. To get into the TAPMI IPM courses the candidates must have -
1.
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