Course Duration
5 YearsTuition Fees
2.02 Lakhs1 Year Fees
2.02 LakhsTotal Fees
10.1 Lakhsyear | Tuition Fees | Total Fees |
---|---|---|
year 1 | ₹ 202000 | ₹ 2.02 Lakhs |
year 2 | ₹ 202000 | ₹ 2.02 Lakhs |
year 3 | ₹ 202000 | ₹ 2.02 Lakhs |
year 4 | ₹ 202000 | ₹ 2.02 Lakhs |
year 5 | ₹ 202000 | ₹ 2.02 Lakhs |
Applicants seeking admission to MBA Program should have passed 12th examination of 10+2 system or equivalent qualification from a recognized board.
Highest Placement | ₹ 28.5 Lakhs |
Average Placement | ₹ 13.0 Lakhs |
Top Companies |
According to the student’s reviews online, The average CTC (domestic) is INR 18.33 LPA. All the B-Schools of the country publish their placement reports based on CTC or cost to company numbers.
There is a huge difference between CTC and in-hand salary. So if your question was related to 16 lakhs CTC then it could be a possibility but if your question was related to 16 lakhs in hand salary then it might vary.
The average salary package may also vary depending on the company and your overall academic performance. Some companies offer students a 18-20 LPA salary package but they also have better grades. Whereas some Mass recruiting companies like TCS often give lots of job offers but with a lesser salary package.
The placements at NMIMS Bangalore and Hyderabad are above average, both the campuses have maintained a 95% placement record.
NMIMS Bangalore and Hyderabad:
Categories | NMIMS Bangalore | NMIMS Hyderabad |
Course Fee | INR 18.04 lakh | INR 12.57 lakh |
Placement Percentage | 70-80% | 80% |
Highest CTC | 15 LPA | 16-19 LPA |
Average CTC | 7-8 LPA | 6-7 LPA |
The reputed companies that take part in their placement program includes: Maruti Suzuki, Dell, Honeywell, Wipro, Amazon, Oracle, Infosys, ICICI Bank, Deloitte, etc.
NMIMS Hyderabad is a decent college for MBA, but it also depends on your goals and ambitions. It may not be one of the tier-1 colleges but is really good.
Categories | NMIMS Hyderabad |
Course Fee | INR 12.57 lakh |
Placement Percentage | 80% |
Highest CTC | 16-19 LPA |
Average CTC | 6-7 LPA |
Recruiting Companies | Amazon, Oracle, Infosys, ICICI Bank, Deloitte, etc. |
Lastly, NMIMS Hyderabad is a good college which provides better placements than most of the business colleges in the country.
The cut-off required for NMIMS Hyderabad is around 220+ and if you have scored 180 marks in NMAT, then it will be very difficult for you to get admission in NMIMS Hyderabad.
But, if you don't want to attempt NMAT again, then you can apply for other colleges where NMAT scores are accepted such as Athena School of Management, IBS Mumbai.
Athena School of Management is a popular institute, located in Mumbai. The placements are very good. Students also get the chance to do multiple internships during the course duration. According to the recent placement highlights the average CTC offered to the students is around 8 LPA. You will also be offered a scholarship worth more than lakhs if you have an academic record.
With a 180 NMAT score, the chance of getting admission at NMIMS Hyderabad is quite thin. Either you have to attempt the NMAT exam again or apply to other colleges that accept NMAT scores.
NMIMS Mumbai is the best campus. It offers excellent placements. NMIMS Mumbai placements 2022 had witnessed the highest CTC of INR 57.65 LPA. If you can afford to drop a year, prepare rigorously for CAT and other entrances such as NMAT, XAT, IIFT, etc. It is the best option.
NMIMS Mumbai and Hyderabad are both on the high cut-off list due to their popular demand.
Both of the cut off exceed the score you have mentioned in the question. Moreover, NMIMS does not consider work experience if the score is below the cut-off. It only accepts work experience if they cleared the cut-off. It is kept as the second criteria.
I personally will recommend you join NMIMS rather than IBS Hyderabad. Some major reasons that support my recommendation are
NMIMS has a decent placement scenario.NMIMS Hyderabad is known for achieving a 100% placement record. The institute successfully conducted its placement drive for the 2019-21 batch. 100% of the participating students got placed. The final placement report for the 2019-21 batch has been released. According to the report, the highest CTC rose up to INR 15 LPA. Students received an average CTC of INR 9.59 LPA.
SCIT has released the final placement statistics for MBA ITBM and MBA DSDA batch 2020-22. The highest package offered to MBA ITBM students was INR 32.29 LPA and for MBA DSDA it was INR 32.21 LPA. The placement rate recorded for both courses was 100%. Over 30 companies participated in MBA ITBM placements and more than 25 companies were part of the MBA DSDA placement drive in 2022.
Compare the ROI and check the field of specialization before making the final decision.
When calculating the average packages, a lot of math is involved.
If you believe that the average package of any college is what you take home, you will be surprised as it won't be close enough. The package offered to a graduate has a lot of components to it, such as basic salary, HRA, travel allowances, leave allowances, some other X, Y, and Z allowances, and ESOPs, and on top of these, you have some hefty signing in bonuses and variable pays. The pay structure varies from firm to firm.
The average pay suggests your maximum earning potential.
If you are interested in NMIMS Mumbai, you should know that it holds a great placement record, and students receive good salary packages during its placement drive every year. According to the final report of NMIMS Mumbai Placements 2022, the highest salary package, which stood at INR 57.65 LPA, increased by 66.04% (approximately) compared to the last year. Students received an average salary of INR 23.07 LPA, which is also 25.04% higher compared to the previous year.
You should know that there were 150+ recruiters from various sectors like BFSI, Consulting, IT, Pharmaceuticals, Media & Telecom, Consulting, etc. Some of the major recruiters included Aditya Birla Capital, EY, Capgemini, Cognizant, and ICICI Bank. Among these recruiters, 40+ recruiters were new recruiters, and 60+ recruiters were Fortune 500 recruiters.
Among these three institutes, choosing NMIMS Hyderabad will be better. Despite being established recently, it became well-recognized in the industry.
For a PGDM, your preference order for the NMIMS campus should be NMIMS Mumbai>NMIMS Bangalore>NMIMS Hyderabad. The Bangalore campus is best after the Mumbai campus, due to its locational advantages. You will get good job options, as it is the IT hub of the country. The Bangalore campus is also older than the Hyderabad campus.