NMIMS – MBA: SVKM`s Narsee Monjee Institute of Management Studies (NMIMS) is located in Mumbai and is a deemed university that was established in the year in 1981. NMIMS has AACSB accreditation and A+ accreditation by NAAC. It has been consistently placed in the list of top 30 Indian B-schools. The NIRF ranked NMIMS as 22nd best college for management in the year 2021.
Some of the top recruiters visiting the campuses for final campus placements are:
Lately, a lot of students are opting not to fill the NMAT exam. It is mainly because of the following reasons: –
NMIMS doesn’t have a fixed number of intakes for a particular year. They can admit 500 students for their core PGDM program, and this can go up to 570 in a particular year.
Program wise intake for NMIMS – MBA is as follows: –
Because of the high intake, few students are unable to get good placements. Despite these reasons, NMIMS – MBA has not lost its charm. It can get good placements for all students with the average salary being 18.45 LPA. It is usually placed towards the end of tier – 1 colleges and not in tier- 2 colleges in rankings. This is due to the growth opportunities and returns on investment offered by NMIMS.
Mumbai is an expensive city and the cost of living here is on the higher end. This is often another reason why several students who belong from places outside of Mumbai do not apply for the NMAT exam. This factor combined with the high fees of NMIMS – MBA discourages students to opt for NMIMS. Additionally, the other campuses have a fairly average placement record which is why most students do not opt for getting admitted into the other campuses.
Focusing on practical knowledge and experiential learning, “NMIMS – MBA” offers a dynamic curriculum. It has adopted the case-based method to provide real-life examples and knowledge to students. A distinguished faculty and interaction with industry experts provide personalized knowledge and training. The smart classrooms, wi-fi enabled campus, and well – equipped library aids the learning process. There are several guest lectures organized and there is the ease of organizing these as the campus is very well situated in the heart of Mumbai. Lately, these sessions are carried smoothly online because of the pandemic situation.
The current annual fees of NMIMS are INR 10.42 lacs for the tuition and INR 5 lacs for boarding and lodging. The hostel fees are charged for students coming from outside of Mumbai. This brings the fees to a total of INR 25.84 lacs. The placements are decent and are usually around INR 18 LPA. Hence, it can be concluded that the ROI or return on an investment for NMIMS is good and should be considered while making a decision. The return on investment refers to the number of years that a student can expect to earn the investment made in MBA as fees and start saving as their earnings.
NMIMS has a great placement record with the average salary in 2021 records being INR 18.45 LPA. Apart from this, one of the deciding factors for joining any B – school is the alumni network. NMIMS has a strong alumni network. Also, a lot of case study competitions are invited to the college which provide learning opportunities as well as pre-placement interviews for internships and final placements. The college also has an approach to equip students with upcoming subjects for example learning a subject from the analytics field is mandatory for all.
Famous alumni of NMIMS – MBA comprise John Abraham, Bollywood actor; Richa Kar, CEO of Zivame; Vikas Behl, Bollywood director and Siddharth Sood, founder of Wildcraft. There is an emphasis on motivating students through guest lectures with notable figures such as Raghu Iyer, Shashi Tharoor, and Kiran Bedi. Students receive several opportunities to showcase their talent and learn in the process by being a part of several clubs and committees and group projects.
Campus life at NMIMS is a luxury. It is located in the heart of Mumbai, the financial centre and economic powerhouse, and so attracts good companies for placements and summer internships. The other campuses are also located in prominent cities like Bangalore and Hyderabad. The Mumbai campus is beautiful and huge. There are several famous tourist spots and the chance to explore Mumbai. With the pandemic situation slowly decreasing, we can hope that the campus will open its doors for the students and give them an opportunity to enjoy the benefits of various facilities available at campus.
In conclusion, NMIMS is a great option to pursue your MBA journey, especially if you get a chance to get admitted to PGDM Core or PGDM HR programs which are the highlights of NMIMS as an institute. It has proven its mettle over the years in giving ample growth opportunities and placement opportunities to students. Apart from this, the infrastructure, campus life, and faculty expertise offered are the best among b-schools. So, the reasons for not attempting NMAT should be overlooked as NMAT exam is towards the easier side as compared to other b-school entrance exams.