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NMIMS MBA fees range between INR 16 lakhs and INR 27 lakhs, depending on the campus and course specialisations. If you opt for hostel facilities, you have to pay around INR 3.5 - 4.6 lakhs per year. Therefore, pursuing an MBA from NMIMS can cost from INR 23 - 37 lakhs for two years, including accommodation, living, and commute expenses.
Apart from this, the institute also offers an online MBA via its NMIMS Centre for Distance and Online Education (CDOE). NMIMS online MBA fees for 2 years range between INR 1.96 lakhs and INR 2.20 lakhs, making it more affordable than the regular programme.
This guide uncovers the details on NMIMS MBA fees in both regular and online mode. It covers NMIMS MBA fees for 2 years, based on campuses and specialisations, refund of fees policies, mode of payment, and more.
SVKM’s Narsee Monjee Institute of Management Studies (NMIMS) offers a two-year MBA programme across various specialisations. NMIMS operates a total of 9 campuses across India, with the main campus located in Mumbai, Maharashtra. The full-time regular MBA programme is offered at the six campuses of NMIMS, including Mumbai, Indore, Hyderabad, Bangalore, Ahmedabad, and Shirpur. Moreover,
✅ NMIMS MBA offers an MBA course in full-time regular and online mode.
✅ Both regular and online MBA courses at NMIMS last two years and are approved by the UGC.
✅ NMIMS online MBA is more affordable than a regular programme.
✅ The total cost of NMIMS online MBA ranges up to INR 2.2 lakhs, while NMIMS regular MBA costs up to INR 28 lakhs.
NMIMS MBA fees structure is different for every campus. NMIMS University MBA fees brochure states the fees for various specialisations and campuses. Similarly, you can also download the NMIMS online MBA brochure to check out the fee details thoroughly. You may download the SVKM NMIMS MBA fees PDF:
NMIMS MBA fees for 2 years range between INR 18,00,000 and INR 27,00,000. The standard full-time MBA course is provided at Mumbai, Ahmedabad, Bangalore, Indore, and Hyderabad campuses of NMIMS. Apart from this, NMIMS Shirpur offers a full-time MBA Tech. Let us explore the detailed NMIMS MBA fees structure across various campuses:
A two-year MBA from NMIMS Mumbai is among the most popular management courses across NMIMS campuses. The total cost of NMIMS MBA for two years is INR 27,00,000. You need to pay these fees annually, payable at INR 13,50,000 per year. Check out the NMIMS MBA fees for 2 years Mumbai:
Another popular campus of NMIMS is located in Bangalore. The NMIMS MBA fees per year in Bangalore are INR 11,00,000. Take a look at the total course fees for NMIMS MBA Bangalore:
The Hyderabad campus of NMIMS is mainly located in Jadcherla, Telangana. NMIMS MBA fees for the Hyderabad campus are INR 11,00,000 per annum. You may explore the NMIMS MBA fees structure Hyderabad:
Another campus that offers a standard MBA programme is NMIMS Ahmedabad. The fees for a two-year MBA at NMIMS Ahmedabad are INR 18,00,000. Check out the NMIMS Ahmedabad MBA fees structure thoroughly:
At NMIMS Indore, the total fees for the two-year MBA programme are INR 20,00,000. You have to pay INR 10,00,000 per year. You can look at the detailed NMIMS Indore MBA fees below:
NMIMS Shirpur is located in the Dhule district of Maharashtra, India. It is known for offering a two-year MBA Tech - Computer Engineering course that costs INR 3,00,000 per annum. Check out the NMIMS MBA Tech fees for two years programme below:
NMIMS Mumbai offers various in-demand specialisations in an MBA programme. It includes pharmaceutical management, HR, business analytics, digital transformation, and entrepreneurship & family business management. The cost of NMIMS MBA Mumbai varies by specialisation, ranging from INR 16,00,000 to INR 27,00,000 in total.
Moreover, other campuses of NMIMS provide a standard MBA mostly, while some of them may offer elective courses. Check out the NMIMS MBA fees Mumbai based on specialisations:
NMIMS offers a two-year online MBA programme that comprises four semesters. The NMIMS MBA fees for 2 years online range between INR 2,10,000 and INR 2,20,000, depending on the payment plans. You also have the option to pay the overall two-year fees in one lump sum, which costs INR 1,96,000. Besides this, the project fee and exam fee will be charged separately from the programme fees. You may check out the detailed NMIMS online MBA fees structure:
NMIMS online MBA is available in seven specialisations. This includes marketing, finance, IT management, and business analytics, among others. Pursuing an MBA online from NMIMS costs between INR 2.1 and 2.2 lakhs for the full course, regardless of the specialisation. You can check out the total fees for NMIMS online MBA based on specialisations below:
NMIMS MBA fee refund policies are in accordance with UGC norms. Therefore, candidates who withdraw or cancel their admissions within 30 days after the formally notified last date of admission are eligible for a fee refund. The UGC Fee Refund Policy is applicable to both regular MBA and online MBA from NMIMS. Here are the rules and regulations for NMIMS MBA fee refund:
📝 Anyone who cancels their admission at least 15 days before the officially announced last date is eligible for a 100% fee refund.
📝 Students who withdraw or cancel their admission within 15 days before the last date of admission can receive a 90% fee refund.
📝 Individuals who cancel their admission within 15 days after the admission deadline can receive an 80% fee refund.
📝 You can get a fee refund of 50% if the withdrawal is made between 16 and 30 days after the officially notified admission deadline.
📝 No refund will be initiated if you cancel or withdraw the admission after 30 days from the last notified admission date.
You can pay the NMIMS University MBA fees for regular and online courses via digital payment options or DD (Demand Drafts). You can use UPI payments, mobile/net banking, e-wallets, or credit and debit cards to pay the programme fees. Alternatively, anyone who wishes to deposit fees offline can use Demand Drafts (DD) to pay the fees. Moreover, Demand Drafts are typically payable at NMIMS campuses, particularly at the NMIMS Mumbai campus.
Candidates wishing to opt for hostel facilities need to pay an additional amount of INR 3.5 to 4.6 lakhs per year. The fee is subject to revision every year. In addition to INR 16-28 lakhs in academic fees, you have to spend around INR 7-9 lakhs for two years as part of hostel fees. Thus, NMIMS MBA fees with hostel facilities range between INR 23 - 37 lakhs, depending on the campus and specialisation. You can confirm the details regarding hostel fees at the time of admission or consult counsellors before enrolling.
The overall online MBA fees at NMIMS range between INR 2.2 - 2.5 lakhs, including registration, exam, project, and reattempt (exam/project) fees throughout the curriculum. NMIMS regular MBA cost, on the other hand, ranges from INR 23 - 37 lakhs, including hostel, commute, and living expenses. As compared to the regular MBA, NMIMS online MBA is highly affordable and cost-effective as it does not require any additional living or hostel rent costs. Explore the table below to understand the affordability of both NMIMS online MBA vs NMIMS regular MBA programmes:
Both NMIMS MBA regular and NMIMS online MBA are UGC-approved and widely recognised courses. However, while NMIMS regular MBA facilitates inclusive learning, allowing you to experience the campus buzz, NMIMS MBA online ensures flexibility, affordability, and a well-rounded programme structure accessible anywhere. To select the right MBA, you can consider the following factors:
✅ Learning Requirements: Consider your flexible learning requirements. NMIMS online MBA allows you to study from any location, without worrying about fixed classes & schedules.
✅ Budget & Affordability: Check which course aligns with your budget. NMIMS MBA online is more affordable than a regular MBA programme.
✅ Working Status: You can continue your job as a professional, provided that you opt for an online MBA. NMIMS regular MBA requires full-time commitment to on-campus learning, making it more suitable for fresh graduates looking to pursue their master's before entering the job market.
✅ Campus Exposure: NMIMS regular MBA is more suitable for those looking for on-campus learning, to study in-person with peers and faculty while actively participating in extracurriculars and events.
✅ Career Goals: Understand whether you want a full-time MBA experience or wish to continue with a job alongside MBA studies.
NMIMS MBA fees differ based on its campuses, specialisations, and modes of learning. The typical full-time MBA at NMIMS costs between INR 16 - 27 lakhs, varying by campus. Furthermore, NMIMS offers a two-year MBA programme in online mode as well that costs between INR 1.96 - 2.2 lakhs. Opting for the regular MBA also includes hostel, commute, and extra living expenses, whereas an online MBA from NMIMS only includes tuition fees, project fee, and exam fees. Moreover, admission to NMIMS MBA requires you to qualify the NMAT exam. Admissions to NMIMS online MBA are conducted based on eligibility criteria fulfilment.
Yes, SVKM’s NMIMS Mumbai is one of the top MBA providers in India with AACSB accreditation. Thus, pursuing an MBA from NMIMS can provide you with a competitive edge in the job market and among employers.
NMIMS Mumbai is known to be the best campus of NMIMS for a full-time standard MBA course, due to its top-tier accreditations, corporate exposure, and excellent placement records.
Yes, as compared to many tier 2 and tier 3 institutions, courses offered by NMIMS are costly. However, NMIMS online courses are generally a good fit for your pocket, with comparatively regular programmes.
You can visit the NMIMS Online Fee Payment Portal to pay the fees for NMIMS programmes. It generally accepts credit cards, debit cards, UPI, e-wallets, or net banking methods to pay the NMIMS fees online.
The NMIMS online MBA fees for 2 years range between INR 1,96,000 and INR 2,20,000. Apart from this, you need to pay project fees and exam fees separately based on attempts.
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