Because the MBA program at NMIMS Mumbai for 2025 costs around ₹25 lakhs, many people begin to question how valuable it is. This guide covers the latest Narsee Monjee MBA fees, scholarships, placements, and return on investment to help you make an informed choice.
Narsee Monjee MBA Fees Structure 2025
Understanding the Narsee Monjee MBA fees is the first step in planning your MBA journey. Although tuition fees at NMIMS Mumbai are pricey, students receive many advantages and help from the college.
Narsee Monjee Tuition Fees and Other Charges in 2025
The main components of the Narsee Monjee MBA fees for 2025 include tuition, hostel, mess, and other academic charges. To sum up, here’s what happens:
| Component | Approximate Cost (₹) | Notes |
| Tuition Fee | 25,00,000 (2 years) | Core MBA and most specializations¹ |
| Hostel Fee | 2,00,000 – 3,00,000 per year | Varies by room type³¹³ |
| Mess Charges | 1,00,000 – 1,50,000 per year | Extra for food³ |
| Other Charges | ~1,00,000 (one-time) | Application, exam, library, laptop¹ |
Note: If you count the cost of hostel and mess for two years, as well as other expenses and incidentals, it can reach up to ₹30–33 lakhs.
3 Latest Easy Ways to Pay Your Narsee Monjee MBA Fees 2025
You have several options to pay your Narsee Monjee MBA fees:
- Online Payment: You can use net banking, UPI or your credit cards on the portal to make your fee payments.
- Demand Draft: I am requesting payment to be made to SVKM’s NMIMS.
- Education Loans: The institute is connected directly with leading banks such as SBI, HDFC Credila and ICICI for disbursing educational loans to students.
Latest Scholarships and Financial Aid offered at NMIMS Mumbai in 2025
NMIMS understands that the Narsee Monjee MBA fees can be a hurdle for many students. That’s the reason why the institute provides several scholarships and financial aid programs.
Merit-Based Scholarships in NMIMS 2025
- The NMAT and students’ academic marks determine who gets this award.
- It covers part of the tuition and is given out again each year depending on your progress.
NMIMS’s Latest Financial Aid that Helps Students Based on Their Needs 2025
- For students who need financial support but do well in their classes.
- Applicants need to show proof of family income below ₹8 lakhs and have merit.
Available Education Loans and Help from Businesses
- Partnerships with banks like SBI, HDFC Credila and ICICI give students access to loans with good interest rates and flexible methods of repayment.
- Some companies pay for their employees to study an NMIMS MBA.
- Academic records, ID verification, residence proof, bank statements from the co-applicant and Income Tax Returns (ITRs) for the co-applicant
NMIMS MBA Details and Its Return on Investment in 2025: Experts’ Insights
One of the biggest questions about the Narsee Monjee MBA fees is whether the investment pays off. Let’s study the latest trends in college placements.
Placement Statistics 2025
| Metric | Value |
| Average Package | 26.63 LPA |
| Highest Package | 67.8 LPA |
| Top Recruiters | Deloitte, EY, Accenture, HUL, Amazon, Infosys |
Did you realise? NMIMS Mumbai has a strong track record of placing students with top companies, making the Narsee Monjee MBA fees a worthwhile investment for many.
NMIMS MBA Fees: Latest ROI Comparison with Other Top B-Schools in 2025
| Institute | Fees (2 Years) | Avg. Package | Highest Package |
| NMIMS Mumbai | ₹25L | ₹26.63L | ₹67.8L |
| SIBM Pune | ₹24.2L | ₹28.16L | ₹49L |
| IMT Ghaziabad | ₹20.8L | ₹17.07L | ₹34.76L |
| IIM Udaipur | ₹20L | ₹18.8L | ₹47L |
| XLRI Jamshedpur | ₹24.9L | ₹29L | ₹58.84L |
The university is especially recognised for the high placement packages it offers in marketing and general management.
NMIMS MBA Latest Admission Process & Eligibility 2025
It is hard to gain entry to NMIMS Mumbai. Here’s some information about how the admissions process will be for 2025.
Latest Eligibility Criteria
- At least 50% marks are needed in your Bachelor’s degree.
- NMAT by GMAC minimum score.
Latest Selection Process
- NMAT by GMAC: For NMAT by GMAC, sign up and take the exam.
- Shortlisting: Shortlisting is carried out by considering a candidate’s NMAT scores.
- Written Ability Test (WAT) & Personal Interview (PI): During the written ability test, they test how you present yourself in English and use your critical thinking skills.
- Final Selection: The final step is selecting candidates based on their total composite score from NMAT, WAT, PI, academics and work experience.
New Important Dates for the NMAT Exam in 2025
| Event | Date Range |
| NMAT Registration | Aug 1 – Oct 10, 2025 |
| NMAT Exam | Nov 5 – Dec 20, 2025 |
| WAT/PI Registration | Jan 20 – 24, 2026 |
| WAT/PI Conduct | Jan 31 – Feb 8, 2026 |
| 1st Merit List | Feb 16, 2026 |
| Fee Payment | Feb 17 – 21, 2026 |
| Program Start | June 3, 2026 |
Latest Hostel & Accommodation Fees at NMIMS Mumbai 2025
Mumbai is an expensive place to live, but NMIMS provides different hostels to meet the needs of all students.
Hostel Fee Structure
| Room Type | Annual Fee (₹) |
| Non-AC | 2,00,000 – 2,60,000 |
| AC | 2,75,000 – 3,00,000 |
You should be prepared for extra expenses when it comes to mess and utility charges.
Extra costs associated with your home
- This salary bracket includes salaries from ₹1,00,000 to ₹1,50,000 a year.
- Approximately ₹50,000 – ₹1,00,000 each year is necessary for personal needs.
Note that sharing an apartment with friends may be less expensive than staying at a hostel, but it means having more responsibilities.
New Ways to Pay for Your NMIMS MBA in 2025
Managing the Narsee Monjee MBA fees is easier with the right financial planning.
Education Loans
- SBI, HDFC Credila, ICICI and other banks provide loans that are intended for NMIMS MBA students.
How to Apply:
- Check different loans and the interest rates they have to offer.
- It is important to obtain academic records, proof of identity, proof of address, co-applicant’s bank statements and ITRs.
- You can make the application online or go to a branch to apply in person.
- Make sure you get approved before you proceed.
- After signing the loan agreement, you will get the funds.
Part-Time Work & Internships
- On-campus opportunities: Many students get a job to help them with extra expenses.
- Summer internships: A lot of companies pay stipends for summer interns, which makes it easier for them to afford living costs.
NMIMS MBA Fees for Students in Mumbai, Bengaluru, Hyderabad and Navi Mumbai in 2025
The Narsee Monjee MBA fees vary by campus. To sum up, here’s how they differ.
| Campus | Tuition Fees (2 Years) | Hostel Fees (Per Year) |
| Mumbai | ₹22L – ₹25L | ₹2L – ₹3L |
| Bengaluru | ₹18L | ₹1.75L – ₹2.5L |
| Hyderabad | ₹16.5L | ₹ 1.5 L – ₹ 2 L |
| Navi Mumbai | ₹15L | ₹1.5L |
It is the city with the highest expenses, but it also gives the best chances for employability.
Conclusion
When considering the Narsee Monjee MBA fees for 2025, it’s important to look beyond the initial cost. The college provides excellent career opportunities and includes various financial aid programs to help students. This guide provides you with the details you need, whether you plan to use a loan, apply for scholarships or make extra money through part-time employment.
FAQs (Frequently Asked Questions)
Here are answers to the most common questions about Narsee Monjee MBA fees.
Q1. What is included in the Narsee Monjee MBA fees?
Ans. All these fees go to tuition, examinations, the library, placement support and related academic expenses. Living costs in a hostel or mess are extra expenses.
Q2. Is there a possibility for NMIMS Mumbai students to get a scholarship for an MBA?
Ans. The university supplies merit as well as need-based scholarships, and also accepts corporate sponsorships for students.
Q3. How much will I need to pay for a hostel spot at NMIMS Mumbai?
Ans. Room fees at hostels are between ₹2,00,000 and ₹3,00,000 each year, depending on what type you choose.
Q4. What is the normal salary you can expect after graduating from NMIMS Mumbai with an MBA?
Ans. The median salary is about ₹26.63 LPA, but the highest anyone can earn is close to ₹67.8 LPA.
Q5. Is it easy for NMIMS MBA students to find loans for studying?
Ans. NMIMS is linked with important banks to help students secure education loans.
