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Narsee Monjee Institute of Management Studies (NMIMS) is one of India’s premier business schools, offering an industry-oriented MBA program. Before applying, candidates must understand the Narsee Monjee MBA fees, including tuition, hostel charges, and other expenses. This guide provides a complete breakdown of NMIMS MBA fees, available scholarships, and the return on investment (ROI) for different campuses.
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NMIMS offers MBA programs across multiple campuses, including Mumbai, Bengaluru, Hyderabad, and Navi Mumbai. The fee structure varies slightly by location. Below is a detailed breakdown of the Narsee Monjee MBA fees for 2025.
NMIMS Campus | Tuition Fees (Approx) | Hostel Fees (Approx) | Miscellaneous Fees |
Mumbai | INR 22,00,000 | INR 2,00,000 - 3,00,000 | INR 50,000 |
Bengaluru | INR 18,00,000 | INR 1,75,000 - 2,50,000 | INR 45,000 |
Hyderabad | INR 16,50,000 | INR 1,50,000 - 2,00,000 | INR 40,000 |
Navi Mumbai | INR 15,00,000 | INR 1,50,000 | INR 35,000 |
Apart from tuition and hostel fees, students should also consider:
Mess charges: INR 1,00,000 - 1,50,000 per year (approx.)
Laptop and study materials: INR 1,00,000 (one-time expense)
Examination fees and other academic charges
NMIMS offers merit-based and need-based scholarships to deserving candidates. Some of the key scholarships available include:
Merit Scholarships: Offered to top-performing students based on entrance exam scores (NMAT by GMAC).
Need-Based Financial Aid: Provided to economically weaker students with outstanding academic records.
Corporate Sponsorships: Some companies provide scholarships for employees enrolling in NMIMS MBA programs.
Students can also avail of education loans from banks like SBI, HDFC Credila, and ICICI, which offer competitive interest rates for NMIMS students.
Considering the high Narsee Monjee MBA fees, candidates often evaluate the ROI before applying. NMIMS Mumbai has consistently reported excellent placement records.
Average Salary: INR 26.63 LPA
Highest Salary: INR 67.80 LPA
Top Recruiters: Deloitte, EY, Accenture, HUL, Amazon, and Infosys
For more details on NMIMS placements, visit NMIMS MBA Placement Report.
B-School | MBA Fees (Approx) | Average Salary (Approx) |
NMIMS Mumbai | INR 22,00,000 | INR 26.63 LPA |
SPJIMR Mumbai | INR 20,42,000 | INR 33.02 LPA |
IIM Indore | INR 21,17,000 | INR 25.50 LPA |
XLRI Jamshedpur | INR 24,90,000 | INR 32.70 LPA |
For a detailed comparison of MBA colleges, visit Top MBA Colleges in India.
Students can pay NMIMS MBA fees via:
Online Payment: NMIMS portal using net banking, UPI, or debit/credit cards.
Demand Draft: In favor of SVKM’s NMIMS payable in Mumbai.
Education Loan: Tie-ups with banks for loan disbursement directly to NMIMS.
Accredited by NAAC 'A' Grade | AICTE Approved | NCTE, NCISM & UGC Approved | 100% Placement Support
MBA Admissions Open 2026 | UGC Approved Programs | Near 100% Placement Record | Up to 100% Scholarships | Highest CTC 21.32 LPA
This article provides a detailed analysis of Narsee Monjee MBA fees, scholarships, and placements, helping aspirants make informed decisions. For more details on NMIMS admissions, visit NMIMS MBA Admission Guide.
Frequently Asked Questions (FAQs)
No, hostel and mess charges are separate from tuition fees.
NMIMS Mumbai offers an average placement salary of INR 26.63 LPA, making it a good ROI choice.
Yes, banks like HDFC Credila, SBI, and ICICI provide loans for NMIMS students.
Yes, NMIMS MBA fees vary across campuses like Mumbai, Bengaluru, Hyderabad, and Navi Mumbai.
Yes, NMIMS offers merit-based and need-based scholarships.
The total cost, including tuition, hostel, and other expenses, ranges from INR 25-27 lakh for two years.
On Question asked by student community
Hi Yogda,
You can not get admission to NMIMS through management quota, without appearing for NMAT or NPAT exam. Please remember that fees for management quota is typically higher and it is not available for all courses.
Hi,
You can edit your preference in NMIMS application form by raising a query on the dashboard or change your preference during the correction window.
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Hello
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