Narsee Monjee Institute of Management Studies (NMIMS), Mumbai reports placement results through its different schools, so salaries vary by program. For MPSTME engineering and technology courses, the 2025-26 final placement drive had 90 companies on campus. BTech students received an average package of INR 8.03 LPA and a highest package of INR 19.75 LPA, while the five-year MBA Tech course recorded an average package of INR 12.02 LPA and a highest package of INR 28.38 LPA.
SBM placement data is available most recently for the 2024-25 MBA season. MBA Core closed the cycle with a 96% placement rate, an average CTC of INR 26.63 LPA, and a highest CTC of INR 67.80 LPA with 190 participating companies. MBA HR reported a 90% placement rate and an average CTC of INR 19.56 LPA in the same cycle.
Table of Contents
NMIMS Mumbai Placement Highlights
| Program | Cycle | Average CTC | Highest CTC | Placement Rate |
|---|---|---|---|---|
| MBA Core (SBM) | 2024-25 | INR 26.63 LPA | INR 67.80 LPA | 96% |
| MBA Core (SBM) | 2023-24 | INR 25.13 LPA | INR 67.70 LPA | - |
| MBA HR (SBM) | 2024-25 | INR 19.56 LPA | - | 90% |
| MBA HR (SBM) | 2023-24 | INR 18.64 LPA | INR 25.02 LPA | 90% |
| MBA Tech (MPSTME) | 2025-26 | INR 12.02 LPA | INR 28.38 LPA | - |
| MBA Tech (MPSTME) | 2024-25 | INR 11.50 LPA | INR 27 LPA | - |
| BTech (MPSTME) | 2025-26 | INR 8.03 LPA | INR 19.75 LPA | - |
| BTech (MPSTME) | 2023-24 | INR 9.15 LPA | INR 22.24 LPA | - |
MBA Core Placement at NMIMS SBM
In the 2024-25 MBA Core placement season at SBM NMIMS Mumbai, students received an average CTC of INR 26.63 LPA. The highest offer reached INR 67.80 LPA, and 190+ companies took part in hiring. The batch recorded a placement rate of 96%.
The 2023-24 MBA Core season had 214 participating companies, including 68 Fortune 500 organisations and 72 new recruiters. Pre-Placement Offers, or PPOs, made up 37% of the batch. FMCG and Retail had the strongest PPO conversion rate at 57%.
| Particulars | 2024-25 | 2023-24 |
|---|---|---|
| Average CTC | INR 26.63 LPA | INR 25.13 LPA |
| Highest CTC | INR 67.80 LPA | INR 67.70 LPA |
| Top 10% Average | - | INR 40.60 LPA |
| Top 20% Average | - | INR 37.10 LPA |
| Top 30% Average | - | INR 34.40 LPA |
| PPO Share | - | 37% |
| Companies Participated | 190+ | 214 |
| Placement Rate | 96% | - |
Sector-wise Distribution (MBA Core 2023-24)
For MBA Core 2023-24, BFSI hired the largest share of students at 33%. Consulting accounted for 19%, while FMCG and Retail hired 17% of the batch.
| Sector | Batch Share | PPO Conversion |
|---|---|---|
| BFSI | 33% | 41% |
| Consulting | 19% | 38% |
| FMCG and Retail | 17% | 57% |
| IT, Analytics and Pharma | 14% | 24% |
| Conglomerates and Manufacturing | 11% | 33% |
| Startups and Logistics | 6% | - |
MBA HR Placement at NMIMS SBM
MBA HR at SBM NMIMS Mumbai posted a 90% placement rate in both 2024-25 and 2023-24. The average package improved to INR 19.56 LPA in 2024-25 from INR 18.64 LPA in 2023-24.
For the 2023-24 MBA HR batch, 223 companies joined the placement process. PPOs formed 27% of the batch, and the highest package stood at INR 25.02 LPA.
| Particulars | 2024-25 | 2023-24 |
|---|---|---|
| Average CTC | INR 19.56 LPA | INR 18.64 LPA |
| Highest CTC | - | INR 25.02 LPA |
| Top 10% Average | - | INR 24.67 LPA |
| Top 20% Average | - | INR 22.00 LPA |
| PPO Share | - | 27% |
| Placement Rate | 90% | 90% |
| Companies Participated | - | 223 |
MPSTME Placements: MBA Tech and BTech
MPSTME offers the five-year integrated MBA Tech program and the four-year BTech program. For the 2025-26 batch, MBA Tech recorded an average package of INR 12.02 LPA, a highest package of INR 28.38 LPA, and a median package of INR 10.50 LPA. BTech students received an average package of INR 8.03 LPA and a highest package of INR 19.75 LPA.
The 2025-26 MPSTME offers were grouped into 316 Niche offers, 146 Dream offers, and 70 Elite offers. Higher-value roles came mainly from Artificial Intelligence, Data Science, Cybersecurity, and Cloud Engineering.
| Program | 2025-26 Avg | 2025-26 Highest | 2024-25 Avg | 2024-25 Highest | 2023-24 Avg | 2023-24 Highest |
|---|---|---|---|---|---|---|
| MBA Tech | INR 12.02 LPA | INR 28.38 LPA | INR 11.50 LPA | INR 27 LPA | INR 10.70 LPA | INR 26.29 LPA |
| BTech | INR 8.03 LPA | INR 19.75 LPA | - | - | INR 9.15 LPA | INR 22.24 LPA |
MBA Tech has reported higher average and highest packages than BTech in all listed placement cycles. Its average package increased from INR 10.70 LPA in 2023-24 to INR 12.02 LPA in 2025-26, which is a rise of INR 1.32 LPA over two cycles.
Top Recruiters at NMIMS Mumbai
NMIMS Mumbai receives recruiters from consulting, BFSI, technology, FMCG, retail, logistics, and core industry fields. SBM has stronger recruiter participation from consulting and BFSI, while MPSTME has stronger technology hiring.
| Sector | Recruiters |
|---|---|
| Consulting | McKinsey and Company, Bain and Company, EY, KPMG, Deloitte, Accenture |
| BFSI | Goldman Sachs, Wells Fargo, CRISIL, ICICI Bank, American Express, Aditya Birla Capital |
| Technology | Google, Microsoft, IBM, Oracle, Palo Alto Networks, Cognizant |
| FMCG and Retail | ITC, Britannia, Whirlpool, Pidilite, Mahindra Rise |
| Conglomerates and Industry | Adani Group, Bajaj Group, Tata Steel, Dr Reddy’s, Wipro |
| Logistics | Delhivery |
NMIMS Mumbai Placement FAQs
Ques. What is the salary difference between MBA Core and MBA HR placements at NMIMS SBM?
Ans. MBA Core had an average CTC of INR 26.63 LPA in 2024-25, while MBA HR had an average CTC of INR 19.56 LPA. For highest packages, MBA Core reported INR 67.80 LPA in 2024-25, and MBA HR reported INR 25.02 LPA in 2023-24, which is the latest disclosed figure for that metric. Both courses crossed a 90% placement rate, but MBA Core gets wider hiring support from consulting and BFSI recruiters.
Ques. Which sector recruited the highest number of MBA Core students from NMIMS SBM?
Ans. BFSI was the top sector for MBA Core placements in 2023-24, with 33% of the batch placed there. Consulting followed with 19%, and FMCG and Retail accounted for 17%. BFSI also had a PPO conversion rate of 41%.
Ques. How many NMIMS SBM students get Pre-Placement Offers?
Ans. In 2023-24, PPOs formed 37% of the MBA Core batch and 27% of the MBA HR batch. For MBA Core, FMCG and Retail recorded the highest PPO conversion rate at 57%. PPO numbers may change from one cycle to another based on internship performance and recruiter hiring plans.
Ques. What is the placement comparison between BTech and MBA Tech at NMIMS MPSTME?
Ans. For the 2026 class, MBA Tech received an average package of INR 12.02 LPA and a highest package of INR 28.38 LPA. BTech recorded an average package of INR 8.03 LPA and a highest package of INR 19.75 LPA. MBA Tech has higher packages because its roles use both engineering and management skills, especially in consulting, analytics, and product management.
Ques. Has the average package for NMIMS MPSTME MBA Tech increased in recent placement cycles?
Ans. Yes. MBA Tech average package increased from INR 10.70 LPA for the class of 2024 to INR 11.50 LPA for the class of 2025 and INR 12.02 LPA for the class of 2026. During the same period, the highest package moved from INR 26.29 LPA to INR 28.38 LPA, with recruiter demand coming from areas such as AI, Data Science, and Cloud Engineering.
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