NMIMS Online MBA Explained: Programs, Fees, and Key Details

Introduction to NMIMS Online MBA

Narsee Monjee Institute of Management Studies (NMIMS) is a Mumbai-based university that is one of India's top online MBA universities. It is a UGC-DEB-approved online university with an NIRF rank of 21 and NAAC's A+ grade.

The NMIMS Online MBA is not just a course; it's a mark of excellence that is highly sought after in India. With a duration of 2 years, this program offers a range of  specializations, including Marketing, Retail Business, Operations Management, Human Resources, Banking & Finance, and more. For those balancing work and study, NMIMS also offers a 1-year Executive MBA. 

This article is especially for you if you want to pursue an online MBA from NMIMS. This article will give you complete information about the program, including - course overview, admission process & criteria, fees, placements and more. 

Why Choose NMIMS for Online MBA?

Thousands of candidates from India and abroad apply for an online MBA at NMIMS University every year. NMIMS is one of the premier universities, not only in India but across the whole world, that offers online MBAs. There are some solid reasons why you should choose NMIMS for an Online MBA.

Accreditation & Recognition - 

NMIMS University is accredited by top government bodies such as UGC AICTE. NIRF has ranked the university at 88th in the overall category and at 21st position in the management category in 2023-24.

Flexible learning format - 

The fully online learning model provides enormous flexibility. This flexibility allows working professionals to easily balance their work and study. 

Industry-Relevant Curriculum - 

The syllabus of the NMIMS online MBA is a significant highlight. The syllabus designed by industry experts covers all the essential management topics and new business trends. This curriculum will make you ready for future trends and challenges. The article will further discuss the detailed curriculum.

Experienced faculty - 

The faculty of NMIMS University is filled with experts and professionals with diverse backgrounds and great experiences. The faculty includes 80 PhD holders and over 120 IIT and IIM degree occupants.

Placement - 

The NMIMS university partners with more than 500 companies for the placements, ensuring 100% placement. After completing the course, working professionals may expect a 50% salary hike and a 3X increase in interview opportunities.

NMIMS Online MBA Program Overview 

The NMIMS's expert faculty has designed the Online MBA program in such a way that students can easily understand and tackle modern challenges. It will help students like you develop in-demand industry skills, automatically increasing your chances of placement. 

This program offers an enriching learning experience, combining academic theories with practical applications tailored to students and working professionals.

The NMIMS Online MBA program, spanning over 2 years and 4 semesters, is designed to be flexible, allowing you to balance your personal and professional commitments. The entire education is conducted online, eliminating the need for physical attendance. All lectures, both live and recorded, are accessible through the student portal, enabling you to study at your own pace. 

Additionally, all textbooks and study materials will only be available in digital format. In addition, students get access to the university's digital library, which provides numerous sources of information. 

Also Read : List of UGC Approved Online MBA Colleges [2024 Updated List]  Click Here

Specializations Offered in NMIMS Online MBA

You will find many specialization options at NMIMS University for your online MBA course. All these specializations are designed to give you in-depth knowledge of topics and help you develop skills that are in demand. Here is the list of all specializations options available at NMIMS University - 

• Business Management
  
• Human Resources Management
• Operations Management
• Finance Management
• Marketing Management
• Data Science 
• Pharmaceutical Management
• Healthcare Management
• Entrepreneurship and Family Business Management

Specialization-wise NMIMS Online MBA Fees

Each specialization lasts two years, consisting of only four semesters. The total fee for an Online MBA at NMIMS is 2,20,000. Apart from this, you must pay 1,200 rupees as an admission processing fee. Additionally, you have to pay 600 rupees as an examination fee for every subject and every attempt. An initial amount of Rs. 5,000/- from the program fee will be collected at the time of registration.

The university has provided a No-Cost EMI option, and there is a 20% fee waiver for defense personnel and their immediate family members (Parents, siblings, or spouses).

Here is the list of specialization-wise fees that NMIMS charges for online MBA programs.

(The above-mentioned fee structure is subject to change at the discretion of the University*)

NMIMS Online MBA Curriculum

NMIMS offers around 10 specialization options for online MBA programs. The comprehensive curriculum of all the specializations covers a wide range of topics, ensuring that you will gain a deep understanding of your field. This will not only contribute to your professional growth but also to your personal development, giving you the confidence to excel in your career. 

Here is a detailed breakdown of the NMIMS online MBA curriculum. One thing that should be noted here is that the syllabus for the first two semesters for all specializations is the same. For the last 2 semesters, the syllabus is different for different specializations.

Eligibility Criteria for NMIMS Online MBA 

It is crucial to understand the eligibility criteria for the NMIMS distance MBA program if you want a smooth admission process. NMIMS is one of the prestigious universities in India; it has established clear criteria for admission. If you're going to get admission to NMIMS Online MBA, then make sure you fulfil the following criteria - 

• Bachelor's degree in any discipline from a recognized University
• Must have at least 50% marks in the aggregate (all subjects taken and appeared for) in their Bachelor's degree.
• Candidates from SC, ST, OBC & PwD categories must have at least 45% of their Bachelor’s degree
• If you have 40%, then two years of work experience is desirable 

Admission Process for NMIMS Online MBA

The admission process for an online MBA at NMIMS is completely online; you do not need to physically visit the university. Thousands of candidates apply for admission at NMIMS every year, but the university accepts only 600 admissions. 

Also, 30% (180 seats) of the total seats are reserved for female candidates only. 

To get an admission, there could be a psychometric test, a written analytical test, and a personal interview.

Generally, every year, the admission process starts in January. You can follow the following steps to get admission to NMIMS Online MBA - 

Step 1 - Visit NMIMS University’s official website.

Step 2 - Register yourself on the website and pay the registration fee.

   Please note down your registration number.

Step 3 - Click on the Online MBA Admission and enter your registration no. 

Step 4 -  Upload all the necessary documents along with your Photo

Step 5 - Once the university verifies your registration & identity, pay the fees.

Step 6 - After this, you will receive your student number. 

And you are done!

Career Prospects after NMIMS Online MBA

The NMIMS has one of the best placement records. The university has over 500 placement partners, including Asian Paints, Tech Mahindra, HSBC, Google, and Accenture. According to NMIMS’s 2020-21 placement records, the highest CTC of MBA core was around 35 lakh rupees, and the average CTC was 18.75 lakh rupees. If you have detailed information about the placement, click here.

Here is the list of top high-paying job roles you can enter after completing your Online MBA from NMIMS.

Also Read : List of UGC Approved Online MBA Colleges [2024 Updated List]  Click Here

Pursue NMIMS Online MBA with Edukyu

Edukyu, a leading online course provider, is a collaboration of India's top universities, such as Amity University, D. Y. Patil Vidyapeeth, NMIMS, and LPU. You can quickly gain admission to all online PG, UG, and Diploma courses from these prestigious institutions at affordable fees, making quality education accessible to all. 

Besides offering online courses, Edukyu is India's trusted educational consultancy. Edukyu has been helping students for the last 8 years by providing unbiased recommendations to choose the suitable online courses that perfectly suit their career plans. Edukyu has a team of highly qualified and experienced professionals who are building bridges between colleges and students. 

Are you feeling lost in the sea of MBA specializations and universities? Edukyu is your compass. If you're facing any other educational issue, our team of qualified professionals is here to empower you. Contact Edukyu and take control of your educational journey.

Conclusion 

Now you have complete information about the NMIMS Online MBA program, including fees, course structure, duration, and everything else. From all this information, it is clear that the NMIMS online MBA program is perfect for both fresh graduates and working professionals. 

If you want to advance your career or develop new trendy skills, look no further than the NMIMS Online MBA program. But before making the final decision, make sure you hear EDUKYU's expert advice so you will not make any mistakes that can hamper your career growth.

Frequently Asked Questions (FAQs)

Q1 - Is NMIMS online MBA valid?

Ans -  Yes, the NMIMS online MBA degree is entirely valid. It is a UGC-recognised online course offered by one of India’s premium universities. 

Q2 - What is the cost of an NMIMS online MBA?

Ans - The total fee of the NMIMS online MBA is 2,20,00. You can pay the fees semester-wise as well, which is 55,000 per semester. No-cost EMI is also available.

Q3 -  Does NMIMS online MBA have placements?

Ans - Yes, NMIMS University provides 100% placement assistance to Online MBA students. The university has more than 500 placement partners.