NMIMS Mumbai’s Review and Verdict by CollegeDekho

Aarushi Jain

Updated On: February 16, 2024 04:05 pm IST

NMIMS Mumbai is a popular institute, but it can also burn a hole in your pocket! Popular courses can cost up to INR 20-25 LPA. Keep reading further to get a more detailed verdict on this college. 
NMIMS Mumbai Review and Verdict

In 1981, the Shri Vile Parle Kelavani Mandal (SVKM) established the Narsee Monjee Institute of Management Studies (NMIMS) Mumbai to meet the growing demand for management education in India. In 2003, NMIMS was declared a deemed-to-be institute under Section 3 of the UGC Act 1956. NMIMS envisions being a globally admired institute by 2030. Its mission is to emerge as a centre of excellence, the best in class in India and Asia, and yearning to be the best in the world by 2030. Over the past 40 years, NMIMS has grown from a small management school to one of the top 10 B-schools in India and a multidisciplinary, multi-campus institute offering a wide range of courses in management, engineering, pharmacy, architecture, commerce, economics, law, science, liberal arts, design, performing arts, and mathematical sciences.

But, as is always the case, everything cannot be reduced to black and white. NMIMS Mumbai has several grey areas as well. Fees for some of the famous and cult favourite programmes at one of India's most costly private institutions may reach INR 20 lakhs per year and more. NMIMS Mumbai too has extremely rigid academic regulations. To continue their studies, students must maintain a particular GPA. This can be distressing for students, especially those who face academic difficulties.

Here's a comprehensive analysis and verdict on NMIMS Mumbai's assertions of making substantial attempts in terms of programmes, curriculum development, international links, placements, and student development. Let us see if NMIMS Mumbai is a truly globalised learning institution that gives its students a balanced exposure to research, academics, and industry practice.

NMIMS Mumbai Rankings: From Good to Great! 

NMIMS Mumbai has consistently ranked among the top universities in India in a variety of fields, including management, engineering, and pharmacy. Here are a few of their most notable rankings:

Ranking Body and Categories

2023 Rankings 

2022 Rankings 

2021 Rankings 

NIRF India Rankings - Pharmacy category

11

11

14

NIRF India Rankings - Management category

21

25

22

NIRF India Rankings - Institute category

47

51

55

NIRF India Rankings - Overall category

88

89

94

NIRF India Rankings - Engineering category

-

135

151

NMIMS Mumbai International Rankings 

  • NMIMS is one of the leading private universities in India, India and is hence ranked #651-700 in the Asian Institute Rankings 2023 by the QS Top Universities. 

Our Take:
These rankings attest to NMIMS Mumbai's outstanding level of education and research. Students who choose to study at NMIMS Mumbai may be certain that they will receive a world-class education that will equip them for career success. 

We can also see in the above table that NMIMS is not listed in the Engineering category of the NIRF India Rankings 2023. This is because NMIMS only provided data for a few of its engineering programmes to the NIRF ranking committee. As a result, NMIMS did not fulfil the eligibility criteria for engineering ranking. According to our evaluation, NMIMS Mumbai is a great choice for individuals interested in pursuing pharmacy or management. Students interested in pursuing engineering should look at other colleges.

NMIMS Mumbai

NMIMS Mumbai Academia & Batch Size

NMIMS Mumbai is committed to providing its students with a comprehensive education that prepares them to be successful in their careers and as individuals. The institute boasts of using a multi-pronged approach to achieve this goal. These initiatives thus help to ensure that our students have the resources and support they need to succeed.

NMIMS Mumbai’s Academic Composition

The NMIMS Mumbai’s academic composition consists of the following:

  • Case Study Methodology: The School of Business Management (SBM) is known for its case study-based courses. NMIMS Mumbai has been actively engaging industry and academics in this regard. Case studies are used in areas such as finance, marketing, human resources and behavioural sciences, operations, and decision sciences, making the course more relevant.
  • Mentorship: The NMIMS Mumbai mentorship programme assists outstation students in easily adjusting to their new surroundings. This involves a group of students who are assigned to a faculty member who serves as a mentor. Not only that, but the Buddy Concept, in which a senior is assigned to a freshman, is a reassuring step.
  • Corporate Projects: The NMIMS Mumbai’s IIPC cell fosters industry-academia collaboration, which helps to ensure learning by applying theoretical concepts gained in the classroom to real-world initiatives. These corporate initiatives last between 1-3 months.
  • Workshops and Seminars: Eminent industry figures are asked to provide Workshops and Seminars to provide students with the necessary skills. This, in turn, equips them with the correct mentality to handle the industry's difficulties with confidence.
  • Guest Lectures: In addition to workshops and seminars, recognised industry professionals deliver guest lectures to reinforce what students have previously learned in the classroom.

Our Take:
NMIMS Mumbai is well-known for its academic discipline. The faculty is highly skilled and experienced, and the curriculum is current and industry-relevant. Some students, however, have claimed that the academic burden is too intense and that professors are not always available to help. This can be frustrating for students, particularly those who participate in extracurricular activities or work part-time.

NMIMS Mumbai has a big batch size as well, particularly in its undergraduate programmes. This might result in huge class numbers and students receiving insufficient individual attention. The big batch size, on the other hand, allows students to meet and network with individuals from all across India.

NMIMS Mumbai Batch Size

NMIMS Mumbai Overseas Study Initiative

Here are some specific examples of NMIMS Mumbai's international or overseas study initiatives:

  • Exchange Programmes: NMIMS Mumbai conducts exchange programmes with over 50 partner universities all over the world. This allows students to study for a semester or longer at a foreign institution.
  • International Assignments for Faculty and Students: NMIMS Mumbai teachers and students can take part in worldwide assignments for teaching, research, and consulting. This allows them to collaborate with peers from all around the world and share their knowledge and skills.
  • Joint Research Projects: NMIMS Mumbai academics cooperate on joint research projects with scholars from all around the world. This contributes to the advancement of knowledge and the development of novel solutions to global concerns.

Some of the top universities and colleges that have tie-ups with NMIMS Mumbai are enlisted below:

  • Royal Melbourne Institute of Technology (RMIT), Melbourne, Australia
  • Case Western Reserve Institute, Cleveland, Ohio
  • Grenoble Ecole de Management, France
  • Athens Institute of Economics & Business, Greece
  • institute of Houston College of Engineering, Houston, Texas
  • Seneca College of Applied Arts & Technology, Toronto, Ontario, Canada
  • ESSCA, Angers France
  • Budapest
  • EUROMED, Marseille France
  • ESC ROUEN, France

Our Take:
NMIMS Mumbai has strong international ties with prestigious universities, which is important in today's globalised world. This leads to foreign teaching, research, and consulting projects for both staff and students. NMIMS Mumbai also conducts exchange programmes with over 50 universities worldwide, which is a strong attractive point for students. They can study under world-renowned teachers, conduct research with cutting-edge facilities, and acquire experience in a globalised atmosphere. Students are also assisted in developing cross-cultural skills and establishing international networks.

NMIMS Mumbai Infrastructure

NMIMS has 17 schools and 9 centres of excellence on campus, each of which works as a separate business entity with its infrastructure.

  • Classrooms: The contemporary classrooms at NMIMS Mumbai are outfitted with audio-visual aids, LED projectors, smart boards, video streaming capabilities, and conference facilities. However, students have complained about a lack of upkeep in some classes, such as broken chairs and desks. 
NMIMS Mumbai Infrastructure
  • Internet Connectivity: Students at the institute have access to high-speed Wi-Fi across the campus. However, the institute could improve its technical support in the event of internet connectivity issues.
  • Labs: NMIMS Mumbai has different labs for students on their campus. Some of them are:
    • Civil Engineering Lab
    • Chemistry Lab
    • Computer Lab
    • Electronics Lab
    • Language Lab
    • Mechanical Lab
    • Physics Lab
    • Applied Sciences Lab
    • Computer Hardware and Software Lab
    • Pharma Lab
    • Telecommunications and Information Technology Lab
    • Instrumentation Lab

The NMIMS labs are generally good, but there is room for improvement. Some of the labs are well-equipped with modern equipment, while others are not. 

NMIMS Mumbai Labs
  • Library: A well-stocked library provides a large selection of textbooks, reference materials, periodicals, magazines, e-books, CDs, DVDs, and other academic resources to assist students in their studies. 

Particulars

Details

Books (Print)

54,000+

E-Books (Ebrary & Pearson)

2,28,100+

E-Journals (EBSCO, JSTOR, etc)

60,000+

Audio Visual Material

1,803

PhD Thesis

335

Students' Reports

878

Periodicals (Print)

81

Databases/e-resources

28

Newspapers

20

  • Hostel Facilities: The institute's facilities in Mumbai include two fully equipped hostels and four rented residential accommodations for both males and females. These hostels have all the necessary amenities such as eating facilities, gyms, sports fields, and pure drinking water.
  • Sports Complex: NMIMS Mumbai has exceptional sports facilities, which include fields and grounds for a variety of indoor and outdoor games. Cricket, football, table tennis, volleyball, badminton, carrom board, and chess are among the many sports available on campus.
  • Healthcare Facilities: A comprehensive healthcare centre serves the medical requirements of students, professors, and employees, and ambulance services are also provided by NMIMS Mumbai.
  • Student Auditorium: The auditorium at NMIMS Mumbai provides a diverse venue for a variety of events and activities.
  • Hangout Areas and Cafes: There are a few hangout spaces and cafes on the NMIMS Mumbai campus, although they are not very excellent. The hangout spots are frequently busy and loud, and the food choices and quality at the cafes stand mediocre. 
NMIMS Hangout Areas

Our Take:
We think that NMIMS Mumbai prioritises the provision of a wide range of amenities, ensuring that students have a pleasant learning environment. NMIMS Mumbai is dedicated to providing students with all they need to succeed academically, including hostel facilities, sports activities, medical services, and more.

NMIMS Mumbai Internships & Placements

NMIMS Mumbai is a well-known institute among India's best business schools, with consistently impressive placement results. NMIMS Mumbai has an exceptional placement and internship rate year after year, with over 99% of its students gaining promising job possibilities. The 2023 placement report demonstrated the institution's dedication to excellence, with remarkable accomplishments.

Placements

  • NMIMS Mumbai is a prestigious institution with a great reputation for academic performance. This is reflected in the institute's placement record, with students earning some of the country's top packages.
  • During the most recent placement season, NMIMS Mumbai students got an incredible INR 67.80 LPA for foreign packages. This demonstrates the institute's international reputation and networking.
  • The average packages for MBA Core and MBA HR programmes were INR 26.63 LPA and INR 19.56 LPA, respectively. These stats demonstrate NMIMS Mumbai's commitment to developing varied talents and equipping them for successful careers in a variety of fields.
  • The report also emphasises the predominance of Pre-Placement Offers (PPOs) throughout the placement season. These premium offers earned positions for 36% of MBA Core students and 25% of MBA HR students, demonstrating their remarkable performance and the faith industry leaders invest in them.
  • NMIMS Mumbai witnessed the largest international package of INR 1.22 Crores per annum to BTech and Integrated BTech students. For MSc studies, the top package reached INR 18.42 LPA, with an average package of INR 12 LPA, demonstrating the breadth of choices accessible to students.

NMIMS Mumbai Placements Top Recruiters

The placement season at NMIMS Mumbai is always a highly anticipated event, with top companies from a wide range of industries competing to recruit the institute's talented students. This year was no exception, with industry titans like Accenture, Adobe, Infosys, EY, KPMG, Dell, Adidas, and ICICI Bank offering diverse opportunities.

This substantial industry interest attests to NMIMS Mumbai's reputation for quality and dedication to offering world-class education to its students. The curriculum of the institution is designed to educate students about the problems and possibilities of the modern workplace, and its faculty members are highly experienced and recognised in their disciplines.

We feel that NMIMS Mumbai is devoted to providing real professional opportunities to its students, and its placement record reflects this dedication. Because of the institute's excellent industry contacts, its students have access to the greatest positions in the market.

Our Take:
Corporates have shown significant faith and confidence in NMIMS Mumbai alumni and summer interns over the last three decades, resulting in nearly 100% placements in all of their schools. The average salaries offered to NMIMS Mumbai students are relatively high. This suggests that NMIMS Mumbai graduates are likely to earn a decent salary. In addition, the institution has close links with several leading corporations. This assists the institute in securing student placements in these companies. 

Many sources, however, indicate that the placement record at NMIMS Mumbai is unequal. Some students are put in top organisations with significant wages, while others are placed in lower-paying jobs. Furthermore, the placement procedure at NMIMS Mumbai is quite competitive. Not every NMIMS Mumbai student is placed in a company. There have been instances that some students never end up getting placed.

NMIMS Mumbai Internships 

The two-month summer internship requirement for MBA students at NMIMS Mumbai provides a good chance for students to apply their learning in real-world scenarios. Internships will assist students in developing their talents, networking with professionals in their industry, and learning more about the many career routes accessible to them.

Course-wise Placement Overview at NMIMS Mumbai

NMIMS Mumbai students received competitive placements, with the average package offered standing at INR 23.07 LPA for MBA Core and INR 19.40 LPA for MBA HR courses. BTech and MCA students received an average package of INR 8.05 LPA and INR 6.77 LPA, respectively. Among the MSc specializations, MSc Statistics recorded the highest average package of INR 12 LPA. The following table shows the course-wise NMIMS Mumbai average package in 2022:

Course

Average Salary Package as per NIRF Report 2023

MBA Core

INR 23.07 LPA

MBA HR

INR 19.40 LPA

MSc Statistics

INR 12 LPA

MSc Applied Statistics and Analytics

INR 11 LPA

MSc Economics

INR 9 LPA

BTech

INR 8.05 LPA

MBA Tech

INR 8.85 LPA

MCA

INR 6.77 LPA

BSc Economics

INR 6.70 LPA

NMIMS Mumbai Student Diversity & Demographics 

NMIMS Mumbai is a diversified institute with students from all across India and all walks of life. The institution is committed to diversity and inclusion and works hard to make the campus a welcoming and supportive environment for all students.

Gender Participation 

Student Diversification 

PG Courses (2 Years)

UG Courses (4 Years)

UG Courses (5 Years)

Male 

51%

53%

59%

Female 

49%

47%

41%

Demographic Representation 

Student Demographic Representation

PG Courses (2 Years)

UG Courses (4 Years)

UG Courses (5 Years)

With-in State

83%

64%

64%

Outside State 

27%

35%

36%

Outside Country 

-

1%

-



NMIMS Mumbai Student Diversity


Our Take:
The institute seems to have a larger number of male students than female students in all of its courses. The institution makes every effort to accommodate a diverse student body. Most students are from Maharashtra, although there is also a substantial number from other states. International students are a modest but rising number at the institute. 

The institute's policies and practices reflect NMIMS Mumbai's dedication to diversity and inclusion. Scholarships, mentorship programmes, and diversity training for professors and staff are among the institute's attempts to help minority students.

NMIMS Mumbai’s Collaborations, Faculty & College Administration

NMIMS Mumbai Collaborations

NMIMS Mumbai has many international relationships and collaborations with top institutions and industries. These relationships provide students the opportunity to participate in exchange programmes, research initiatives, and internships.

Having said that, several students have expressed concern that these collaborations are frequently mismanaged and that students frequently struggle to capitalise on available possibilities.

NMIMS Mumbai Faculty

NMIMS Mumbai boasts a highly trained faculty with a track record of research and teaching success. Today, the institute has over 750 faculty members from Management, Technology, Pharmacy, Architecture, Commerce, Science, Law, Liberal Arts, Design, Mathematical Sciences, Economics, Hospitality Management, Performing Arts, Branding and advertising, Aviation, Agriculture, Entrepreneurship, and Family Business Management. The faculty has contributed to research and has published and presented papers at both national and international conferences over the years.

The icing on the cake is that there are frequent Guest Lecture Sessions led by Industry Legends that provide students with insight into their day-to-day company operations, how they handle high-pressure circumstances, and so on. The college is constantly upgrading to meet industry requirements, with courses established with the assistance of industry leaders from many areas.

NMIMS Mumbai’s Collaborations, Faculty & College Administration


NMIMS Mumbai College Administration

The college administration is efficient and sensitive to student demands. However, some students have stated that the administration is not always honest and that getting vital information might be difficult. 

Furthermore, the management of NMIMS Mumbai has developed a curriculum to equip students for success in their chosen fields. The courses are difficult and demand students to put in a lot of effort. The academic restrictions at NMIMS Mumbai are rigorous and students have to remain in good academic standing by maintaining a specific GPA. Students who fail to reach the GPA criteria may face academic probation or perhaps suspension.

NMIMS Mumbai Location

By virtue of its location - Mumbai, i is evident that NMIMS is dedicated to providing its students with chances. Mumbai is a significant economic and cultural centre, and students at the institute have access to a wide range of internships, employment opportunities, and extracurricular activities.

Modes of Travel

On-Campus Transportation

The NMIMS Mumbai campus provides a bus service that links the various portions of the campus. Students and faculty are free to use the bus service. However, students have given mixed reviews, claiming that the bus service is infrequent and might be congested during peak hours.

Off-Campus Transportation

NMIMS Mumbai is centrally located in Mumbai, making it convenient to navigate the city. Students have access to several travel alternatives, including buses, trains, and taxis. However, traffic is a major concern for everyone in Mumbai, which can be a huge trouble. 

Weather

Mumbai has a tropical monsoon climate that is hot and humid all year. Summer, monsoon, and short winter are the three seasons of the city. 

  • Mumbai's summers are extremely hot and humid, with temperatures reaching up to 40 degrees Celsius. The humidity is also quite high, making the temperature feel much hotter. 
  • The monsoon season in Mumbai is extremely wet, with significant rainfall for most of the season. Every year, the city receives an average of 2,450 mm (96.5 inches) of rain.
  • Mumbai's winters are pleasant, with temperatures ranging from 20 to 30 degrees Celsius.

Our Take:

Pros:

  • NMIMS Mumbai is centrally located in Mumbai, making it convenient to travel about. In addition, the school is convenient to both domestic and international airports.
  • NMIMS Mumbai has a well-developed campus with a robust infrastructure despite its location in a metropolitan metropolis. Classrooms, libraries, labs, and sports facilities are among the resources available on campus.
  • Mumbai is a significant economic and cultural centre. Students can obtain internships and positions at leading firms, as well as participate in a wide range of extracurricular activities.

Cons:

  • Mumbai is an extremely expensive city to live in. Housing, food, transportation, and even education are all expensive.
  • Mumbai is a busy city with frequent traffic bottlenecks. This can make getting around difficult and time-consuming.
  • Mumbai is a polluted metropolis, with both air and water pollution being serious issues. This can be hazardous to students’ health.
  • Students should be prepared for hot and humid weather all year, as well as severe rains during the monsoon season.

NMIMS Mumbai: Expectation vs Reality CLD Verdict!

NMIMS Mumbai is a renowned business school in India with a solid reputation for academic and placement performance. However, NMIMS Mumbai, like every other institute, has both strengths and disadvantages. Students who attend NMIMS Mumbai may anticipate a high-quality education from skilled and trained staff. The curriculum at the institution is rigorous, covering the most recent business case studies and projects. NMIMS Mumbai also places a great emphasis on placements, and its graduates are in high demand by prominent corporations in India and throughout the world.

NMIMS Mumbai advertises itself as a ‘world-class business school’ that provides students with ‘an education that will prepare them for success in a globalised world.’ In addition, the institute professes to be ‘committed to diversity and inclusion.’ NMIMS Mumbai does, to some extent, live up to these expectations. 

However, several aspects of NMIMS Mumbai fall short of expectations. The institute's facilities may be antiquated and congested, and its location in Mumbai may be prohibitively expensive for the country's middle-class population. The costs for its well-known MBA curriculum might reach INR 25 LPA. Furthermore, several students have expressed concern about the lack of student diversity at NMIMS Mumbai.

NMIMS Mumbai: Expectation vs Reality CLD's Verdict:

The decision to study at NMIMS Mumbai is based on your requirements and interests. NMIMS Mumbai is a fantastic choice if you want a high-quality education from a recognised institute, state-of-the-art infrastructure, and a solid placement record. However, if you are seeking an institute with a less restrictive and demanding curriculum, less expensive, a more diverse student body, and a greater selection of specialisations available, you should look at other options.

Yay!

Nay! 

Modern and well-equipped classrooms, library and labs

Less diversity on campus

Backed by a strong academic reputation

Expensive tuition fee

Good placement records

Small campus 

International academic and industry tie-ups and collaborations 

High cost of living in Mumbai

Vibrant campus life

Mediocre hangout places in and around the campus 

Central location

Rigid and rigorous curricula as compared to other B-schools

Plethora of academic and professional opportunities

Dropped out of NIRF Engineering rankings 2023

Transportation is easily accessible 

Strict rules and regulations 

A welcoming and supportive environment for all students

Pollution levels in the city are all-time high

Modern teaching methodologies 

Competitive environment

Experienced faculty

-

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Related Questions

what is the procedure for applying MBA in finance

-ANAND GAJANAN MHADDALKARUpdated on February 28, 2024 04:15 PM
  • 10 Answers
Prashali Malik, Student / Alumni

Dear Anand, 

The college offers the MBA in Finance course in full-time mode. Candidates are required to meet the eligibility criteria determined by the college before applying for NMIMS Mumbai MBA admission. As per the NMIMS Mumbai admission process, only candidates who have passed bachelor’s degree from a recognised university are eligible to apply for MBA admission. 

Eligible candidates can apply for NMIMS Mumbai MBA admission by visiting the official website of the college. Candidates first need to register for NMAT. After that they are required to appear for NMAT and obtain a valid score. The last step is …

READ MORE...

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