Narsee Monjee MBA Fees 2025: NMIMS Fee Structure, Scholarships & ROI

Narsee Monjee MBA Fees 2025: NMIMS Fee Structure, Scholarships & ROI

Edited By Himanshu Shekhar | Updated on Mar 04, 2025 05:16 PM IST | #NMIMS Mumbai

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.

This Story also Contains
  1. Narsee Monjee MBA Fees 2025: Overview
  2. NMIMS Scholarships and Financial Aid
  3. Return on Investment (ROI) of NMIMS MBA
  4. Comparison: NMIMS MBA Fees vs Other Top B-Schools
  5. How to Pay NMIMS MBA Fees?
Narsee Monjee MBA Fees 2025: NMIMS Fee Structure, Scholarships & ROI
Narsee Monjee MBA Fees 2025: NMIMS Fee Structure, Scholarships & ROI

Narsee Monjee MBA Fees 2025: Overview

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 MBA Fees Structure (Campus-wise)

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

Additional Expenses

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 Scholarships and Financial Aid

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.

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#41 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships

Students can also avail of education loans from banks like SBI, HDFC Credila, and ICICI, which offer competitive interest rates for NMIMS students.

Return on Investment (ROI) of NMIMS MBA

Considering the high Narsee Monjee MBA fees, candidates often evaluate the ROI before applying. NMIMS Mumbai has consistently reported excellent placement records.

NMIMS Mumbai Placement Highlights 2025:

  • 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.

Comparison: NMIMS MBA Fees vs Other Top B-Schools

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.

How to Pay NMIMS MBA Fees?

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.

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Indus Business Academy (IBA), Bangalore PGDM Admissions 2025

Triple Accreditation (NBA, IACBE & SAQS) | Dual Specialisation | Merit-Based Scholarships Available

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)

1. What is the total cost of an MBA at NMIMS Mumbai?

The total cost, including tuition, hostel, and other expenses, ranges from INR 25-27 lakh for two years.

2. Does NMIMS provide scholarships for MBA students?

Yes, NMIMS offers merit-based and need-based scholarships.

3. Is the NMIMS MBA fee structure different for different campuses?

Yes, NMIMS MBA fees vary across campuses like Mumbai, Bengaluru, Hyderabad, and Navi Mumbai.

4. Are there education loan options available for NMIMS MBA?

Yes, banks like HDFC Credila, SBI, and ICICI provide loans for NMIMS students.

5. What is the ROI for NMIMS Mumbai MBA?

NMIMS Mumbai offers an average placement salary of INR 26.63 LPA, making it a good ROI choice.

6. Are hostel charges included in NMIMS MBA fees?

No, hostel and mess charges are separate from tuition fees.

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Questions related to NMIMS Mumbai

Have a question related to NMIMS Mumbai ?

Hi, first of all, take a deep breath—it’s completely normal to feel stressed in such situations, but there’s still a way forward.

If you missed the NMIMS CET exam because you couldn’t download the admit card, the first thing you should do is immediately contact the NMIMS admissions helpdesk . Explain your situation clearly—mention your application ID, registered email ID, and the exact issue you faced (like not receiving the admit card or not being able to access it on the portal). Sometimes, if it was a technical issue and you have a valid reason, they might allow you to reschedule the exam, especially if multiple test slots are available.

However, if all CET test windows have closed, you may not be able to appear this year. Still, don’t lose hope. NMIMS offers admissions through other routes like NPAT for UG management and commerce programs , or direct admission based on board scores for certain courses (depending on the stream you were aiming for—like BBA, BTech, etc.).

Also, look out for spot admissions or management quota seats , if your family is comfortable with that option financially. And if NMIMS is your top choice, remember—you can always aim again next year with better preparation and awareness of the timelines.

Lastly, don’t let one missed exam define your future. There are plenty of great colleges and entrance exams still open this year depending on your stream

Hello there,

With a Merit Rank of 444 in NMIMS LAT (NLAT) 2025 , your chances depend on a few key factors:

1. Mumbai Campus (Main)

  • Highly competitive ; usually fills up in the top 100–200 ranks , especially for General Category.

  • Unless many top-rankers withdraw or opt for other NLUs/private colleges, chances are low for Mumbai.

    2. Navi Mumbai Campus

  • Less competitive than Mumbai.

  • In previous years, ranks up to 600–800 have been seen getting offers here in later rounds.

  • So, you have a fair chance for Navi Mumbai in further lists, especially if you're from a reserved category or if many students withdraw.

    What You Can Do:

  • Keep checking further merit lists (NMIMS usually releases multiple).

  • Fill float/freeze options carefully (if allowed).

  • Apply to backup colleges just in case.

If you belong to any reservation category or minority quota , your chances for Navi Mumbai increase further.


I hope this answer helps you. If you have more queries, feel free to share your questions with us, and we will be happy to assist you.

Thank you, and I wish you all the best in your bright future.

Hello Aspirant,

With a merit number of 325 in the NLAT, the prospects for admission to NMIMS, Bengaluru are quite solid as NMIMS usually takes students with ranks up to about 400-500 depending on the year and seats available.

For NMIMS, Navi Mumbai, the cutoffs are higher (i.e. more competitive), so admission is possible but uncertain depending on the number of applicants, category (if applicable), and number of seats matrix that year.

Hello there,

In NMIMS NCET (National Common Entrance Test) admissions, your chances of getting other campuses (outside Mumbai/Navi Mumbai) depend on what you selected in the application form :

If you selected ONLY Mumbai and Navi Mumbai campuses:

  • You will be considered only for those two campuses .

  • You will NOT be considered for other campuses like Indore, Shirpur, Hyderabad, etc., unless you explicitly applied for them during your form submission.

    If you selected multiple campuses (including others like Shirpur, Indore, etc.):

  • Then you can be offered a seat in other campuses based on your merit and preference order .

    Important Notes:

  1. NMIMS strictly follows the preference order you give while filling the form.

  2. If Mumbai/Navi Mumbai seats are full and your rank doesn't meet the cutoff, you won't automatically be shifted to other campuses unless you selected them.

  3. NMIMS does not auto-consider unselected campuses for seat allocation.

    What You Can Do:

If you only chose Mumbai and Navi Mumbai , and you don’t get a seat, then:

  • You can wait for spot rounds (if conducted).

  • Or reapply next year or in another intake (if available) .

  • You may contact NMIMS admissions to confirm campus change policies , but normally they won’t allow changes after submission.


I hope this answer helps you. If you have more queries, feel free to share your questions with us, and we will be happy to assist you.

Thank you, and I wish you all the best in your bright future.

If you achieve a low score on the NMIMS Law Aptitude Test (LAT), your options for law schools within the NMIMS (Narsee Monjee Institute of Management Studies) network will be limited, particularly at their main Mumbai campus. However, you may still have opportunities at other NMIMS campuses or at other law schools that accept CLAT or LSAT scores, depending on your overall score and the specific program you are applying for.

Factors Influencing Your Options:

NMIMS-LAT Score:

A low score on the LAT will significantly impact your chances at NMIMS Mumbai's Kirit P. Mehta School of Law, which typically prefers higher scores.

CLAT/LSAT:

NMIMS, in addition to the LAT, accepts scores from other law entrance exams like the CLAT (Common Law Admission Test) and LSAT (Law School Admission Test).

Program and Campus:

Different NMIMS programs and campuses have varying admission criteria and cutoff scores.

Other Factors:

Your academic record, extracurricular activities, and performance in the Personal Interview (PI) stage (if applicable) can also influence your admissions.

Possible Options:

NMIMS Campuses Outside Mumbai:

NMIMS has campuses in Bangalore, Hyderabad, and other locations. These campuses may have lower cutoff scores, making them a more realistic target if your LAT score is lower.

Other Law Schools:

If you score poorly on the LAT, you can consider applying to other law schools that use CLAT or LSAT for admissions. These schools might be more accessible with a lower score on one of these exams.

Program Variations:

Within NMIMS, some programs may have less stringent admission requirements than others. For example, BBA LLB programs may have lower cutoffs than BA LLB programs, especially in different campuses.

Recommendations:

Research Cutoffs:

Thoroughly research the cutoff scores for the specific NMIMS programs and campuses you are interested in.

Prepare for Other Exams:

If you're not performing well on the LAT, consider preparing for the CLAT or LSAT as well.

Explore Alternative Programs:

If your LAT score is significantly lower, explore less competitive programs or campuses.

Focus on Other Factors:

If your score is borderline, emphasize your academic record, extracurricular activities, and prepare for a PI if required.

In summary, while a low score on the NMIMS LAT will limit your chances at the main Mumbai campus, there are still possibilities for admission at other campuses or through alternate law entrance exams..

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