NMIMS Fees: Candidates who are planning to get admission to Narsee Monjee Institute of Management Studies (NMIMS), should have knowledge about the detailed fee structure. NMIMS is a renowned educational institution in India, offering a wide range of undergraduate, postgraduate, diploma, and doctoral programs across various disciplines.
NMIMS is known for its academic excellence, industry-oriented curriculum, and global exposure. However, one significant aspect that concerns many prospective students is the fee structure. In this blog, we will explore the various courses offered by NMIMS and their corresponding fees, program specializations, application process, entrance exams, financial aid, and scholarships. We will also address frequently asked questions regarding NMIMS fees and their affordability.
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NMIMS Fees 2023
The following table presents an overview of the courses offered at NMIMS along with their total tuition fees and eligibility criteria:
|Course||Associated Exams||Total Tuition Fees (INR)|
|B.Sc.||–||3.5 – 10.5 lakhs|
|M.Sc.||–||2.2 – 6.04 lakhs|
|PG Diploma||–||50,000 – 11.25 lakhs|
|MBA/PGDM||NMAT/CAT/GMAT||3.27 – 44 lakhs|
|B.E./B.Tech||NPAT||6 – 25.1 lakhs|
|BBA||NPAT||1.02 – 44 lakhs|
|B.Com||NPAT||2.5 – 6.75 lakhs|
|B.Pharma||NPAT||3.04 – 22.5 lakhs|
|B.A. LL.B. (Hons)||LSAT/CLAT||5.1 – 15 lakhs|
|BBA LL.B. (Hons)||LSAT/CLAT||5.1 – 8 lakhs|
|B.A.||–||6 – 14.25 lakhs|
|B.Des||NPAT/Design Aptitude Test (DAT)||17.8 lakhs|
|M.Pharma||–||3.04 – 11.1 lakhs|
|B.Arch||NATA/JEE Main Paper-II/MAH-AR-CET||26.25 lakhs|
|BBA LL.B.||LSAT/CLAT||1.2 – 15 lakhs|
|B.A. LL.B.||LSAT/CLAT||1.2 lakhs|
|D.Pharma||NPAT||2.24 – 3.2 lakhs|
|Certificate||–||11,800 – 1 lakh|
|Ph.D.||–||3.76 – 7.5 lakhs|
NMIMS offers specialization options in various programs to cater to the diverse interests and career goals of students. Some of the popular specializations include Finance, Marketing, Human Resources, Information Technology, Operations, Business Analytics, Law, Design, Pharmaceutical Sciences, and many more. These specializations enable students to gain in-depth knowledge and expertise in their chosen fields.
NMIMS Hostel Fees
Following is a table of NMIMS Hostel fees for your reference-
|Hostel Name||Hostel Type||Hostel Fees (for 10 months)||Security Deposit||Refundable Total Hostel Fees|
|MKM Sanghvi Girls Hostel – For MBA Students||Non-AC||250,000||10,000||260,000|
|MKM Sanghvi Girls Hostel – For Non MBA and other SVKM Students||Non-AC||250,000||10,000||260,000|
|MKM Sanghvi Girls Hostel (A/C Accommodation) – Limited Seats||AC||300,000||10,000||310,000|
|MKM Sanghvi Girls Hostel (A/C Accommodation) – Limited seats (for Non-MBA and other SVKM students)||AC||300,000||10,000||310,000|
|GR Jani Boys Hostel – Non-AC accommodation||Non-AC||250,000||10,000||260,000|
|G.R Jani Boys Hostel (A/C Accommodation) – Limited seats||AC||300,000||10,000||310,000|
|Bansi Villa – Girls Residential Flats (Non-AC Accommodation)||Non-AC||225,000||10,000||235,000|
|Bansi Villa – Girls Residential Flats (AC Accommodation)||AC||300,000||10,000||310,000|
|Kalika – Girls Residential Flats (Non-AC Accommodation)||Non-AC||225,000||10,000||235,000|
|Sur Sagar – Girls Residential Flats (Non-AC Accommodation)||Non-AC||225,000||10,000||235,000|
|Vishwananak – Boys Residential Flats (A/C Accommodation)||AC||275,000||10,000||285,000|
|Megha Villa – Boys Residential Flats (Non-AC Accommodation)||Non-AC||225,000||10,000||235,000|
|Megha Villa – Boys Residential Flats (AC Accommodation)||AC||300,000||10,000||310,000|
|Anand Premises – Boys Residential (AC Accommodation)||AC||300,000||10,000||310,000|
- Before the commencement of the course: A processing charge of Rs. 3,000 will be deducted, and the remaining amount will be refunded.
- After the commencement of the course: No refund is allowed.
- Students should claim a refund of their deposit only after the completion of the entire course, with deductions made for any broken or spoiled items in the premises or flats.
Please note that this information is based on the data available up until September 2021, and there might be changes or updates in the future. It’s always best to verify the latest information directly from NMIMS or the concerned authorities.
NMIMS Application Fee
Applicants are required to pay an application fee based on the number of schools they are applying to. The following table provides an overview of the application fees for different school combinations:
|Number of Schools||Application Fees|
|1 school||INR 2,000|
|2 Schools||INR 3,000|
|3 Schools||INR 4,000|
|4 Schools||INR 5,000|
|5 Schools||INR 6,000|
|6 Schools||INR 7,000|
Also Read: NMIMS LAT 2023 Application Process
NMIMS Financial Aid & Scholarships
NMIMS provides various financial aid options and scholarships to deserving students, including two significant scholarships:
Scholarship 1: Scholarship for MBA (Part-Time) in Social Entrepreneurship
- NMIMS Scholarship: Students can apply for a part scholarship based on their need and merit. The scholarship amount is determined by a screening committee after evaluating each applicant.
- Mirae Asset Foundation (MAF) Scholarship: This scholarship is specifically available to economically weaker section (EWS) students pursuing the PTMBA (SE) program. It is awarded based on both need and merit, and the selection process and scholarship amount are determined by a screening committee.
Scholarship 2: Scholarship for Diploma Program in Social Entrepreneurship
- NMIMS Scholarship: Students enrolled in the Diploma Program in Social Entrepreneurship can apply for a partial scholarship based on their financial need and academic merit. The scholarship amount is determined by a screening committee after evaluating each applicant.
- Rotary Club of Bombay West Loan Scholarship: Students who require financial assistance can apply for interest-free loan scholarships from the Rotary Club of Bombay West after confirming their admission to the program.
NMIMS (Narsee Monjee Institute of Management Studies) has several schools offering a wide range of undergraduate, postgraduate, and doctoral programs. The six main schools of NMIMS are:
- School of Business Management (SBM): Offers MBA, Executive MBA, and PhD programs in various specializations.
- Mukesh Patel School of Technology Management & Engineering (MPSTME): Offers B.Tech, B.Tech + MBA (Tech), B.Tech + M.Tech, M.Tech, and Ph.D. programs in engineering and technology-related fields.
- Anil Surendra Modi School of Commerce (ASMSOC): Offers BBA, B.Com (Hons), B.Com (Professional), B.Sc. Finance, MBA, and PhD programs in commerce and management.
- Shobhaben Pratapbhai Patel School of Pharmacy & Technology Management (SPPSPTM): Offers B.Pharm, M.Pharm, and Ph.D. programs in pharmacy and pharmaceutical sciences.
- Sunandan Divatia School of Science (SDSOS): Offers B.Sc., M.Sc., and PhD programs in various science disciplines such as applied statistics, applied mathematics, biotechnology, chemistry, physics, etc.
- Jyoti Dalal School of Liberal Arts (JDSoLA): Offers BA (Hons) in liberal arts and various interdisciplinary courses focusing on humanities, social sciences, and liberal education.
The fee varies depending on the program. For detailed fee information, refer to the official NMIMS website.
NMIMS offers a wide range of programs with varying fee structures. While some programs may have higher fees, there are also programs with more affordable options. It is essential to evaluate the program’s value and potential returns on investment.
NMIMS focuses on providing quality education, faculty expertise, infrastructure, industry collaborations, and opportunities for holistic development. The fees reflect the investment required to maintain these standards.
The average package of MBA graduates from NMIMS varies depending on factors such as specialization, industry, job role, and the overall economic climate. The placement cell at NMIMS provides detailed information about the average and highest packages offered to MBA graduates.