₹67 LPA Without 99%ile in CAT? This B-School Salary Stats Will Shock You

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Feba P B Manager- Content
Updated on 2025-07-01 13:21:04
Do you think that securing a 99+ percentile in CAT is the sole gateway to an MBA salary of ₹60LPA+... Read More
₹67 LPA Without 99%ile in CAT? This B-School Salary Stats Will Shock You

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
NMIMS continues to hold its own amongst the best private B-Schools in India consistently delivering ₹20+ LPA domestic packages for Consulting, Finance, and Product roles from companies such as EY, Deloitte, Goldman Sachs and others.

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.


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