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The ₹67.80 LPA Surprise: What's All the Noise About?
Narsee Monjee Institute of Management Studies (NMIMS Mumbai) rounded up quite a few articles during the most recent placement season due to securing an unbelievably high international salary package of ₹67.80 LPA. And that isn't all:
- No CAT
- Admission only through NMAT
- Multiple high-impact MBA specializations
Courses offered at NMIMS Mumbai (through NMAT)
Below is a summary of the flagship course(s) at School of Business Management (SBM), NMIMS Mumbai that only accept NMAT for admissions:
| Program Name | Duration | Seats | Popular Roles |
|---|---|---|---|
| MBA (Core) | 2 Years | 600+ | Strategy, Product, Finance, Consulting |
| MBA HR | 2 Years | 60+ | HRBP, Talent Acquisition, Org Development |
| MBA Business Analytics | 2 Years | 120 | Data Analyst, Analytics Consultant, Product Analyst |
| MBA Digital Transformation | 2 Years | 60 | Product Owner, Digital Consultant |
| MBA in Pharmaceutical Management | 2 Years | 60 | Brand Manager, Sales Strategy |
| MBA in Healthcare Management | 2 Years | 30 | Hospital Admin, Healthcare Consultant |
| MBA Law | 2 Years | 40 | Legal Consultant, Compliance Analyst |
Placement Highlights – NMIMS Mumbai 2024
| Metric | Stat |
|---|---|
| Highest International CTC | ₹67.80 LPA |
| Highest Domestic CTC | ₹36.6 LPA |
| Average CTC (Top 100 offers) | ₹25.5 LPA |
| Overall Average CTC | ₹14.8 LPA |
| Median CTC | ₹14 LPA |
| Key Recruiters | EY, KPMG, ICICI, Citi, Capgemini, Aditya Birla, L'Oréal, PwC, Accenture |
Admission Process: Only via NMAT by GMAC
NMAT Exam Structure:
- Sections: Language Skills, Quantitative Skills, Logical Reasoning
- Total Questions: 108
- Duration: 120 minutes
- Scoring: 36–360
- Attempts: Up to 3 (best score considered)
Why Choose NMIMS Mumbai Over CAT-Centric B-Schools?
- High ROI even though it is a private institution.
- Programs aligned with industry expectations (Analytics, Digital, Pharma).
- NMAT is an easier test, and they allow retakes.
- Location: Financial capital of the country, Mumbai.
- Alumni network across global leadership positions.
