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NMIMS Indore MBA Admission 2024: Eligibility, Fees, Dates, Placements

Indore, Madhya Pradesh
Deemed to be University

Master of Business Administration [MBA]


Course Fees

Course Duration

2 Years

Tuition Fees

9 Lakhs

1 Year Fees

9 Lakhs

Total Fees

18 Lakhs

Detailed Fees

general
yearTuition FeesTotal Fees
year 1₹ 900000₹ 9 Lakhs
year 2₹ 900000₹ 9 Lakhs

Course Information

Course Description

Latest Update: NMAT 2023 exam is Scheduled between October 10 to December 19, 2023. Interested Candidates can apply through the official Website.

NMIMS Indore offers an MBA program for a duration of 2 years. To get admitted into its flagship MBA program, candidates need to have a Bachelor’s degree with a minimum of 50% aggregate marks an at least 2 years of work experience. NMIMS Indore MBA admissions will be provided on the basis of NMAT scores. Those who have qualified for NMAT were called for a Psychometric Test/ Written Analytics Test and a Personal Interview, as the final selection parameters.

NMIMS Indore MBA Placement 2023 has been concluded with a 100% placement rate. NMIMS Indore average CTC has increased by 19% and stood at INR 12.5 LPA. 14% of the total students received PPOs. NMIMS Indore highest package stood at INR 16,8 LPA and most of the students were placed in the marketing/ business development domain. Some of the top recruiters included Axis Bank, Bandhan Bank, Hindustan Times, Big Basket, TATA, Reliance, etc.

NMIMS Indore MBA Course Highlights

  • The two-year full-time MBA course is spread over six trimesters.
  • NMIMS Indore charges about INR 7,50,000 lakhs for its 2-year MBA program.
  • The MBA program at NMIMS Indore is offered in 6 specializations.
  • The faculty consists of a mix of Ph.D and industry-experienced professionals.
  • The curriculum is focused on general management initially, with a greater focus on elective specializations later on. It is updated as per industry requirements.
  • Peer learning, compulsory team projects, one-to-one mentoring, and regular interactions with industry professionals are the standout features.

Read NMIMS Indore Reviews

NMIMS Indore MBA Important Dates

NMIMS Indore MBA Admission dates are mentioned in the table below:

MBA
Events Dates 
NMAT Registration August 1 - October 12, 2023
NMAT Scheduling August 1 - October 21, 2023
NMAT Re-Scheduling August 1 - December 16, 2023
NMAT Exam Dates October 10 - December 19, 2023
NMAT Registration Retake October 11 - December 16, 2023
NMAT Retake Scheduling October 11 - December 16, 2023
NMAT Last Date for Scorecard Download March 31, 2024

Check NMIMS Indore Admission 2023

NMIMS Indore MBA Eligibility Criteria

Candidates seeking admission to the NMIMS Indore MBA program shall fulfill the following eligibility criteria:

  • Applicants must have a Bachelor’s degree with a minimum of 50% marks in the aggregate, from any recognized university.
  • For graduates from overseas universities, an AIU certificate is mandatory
  • Candidates appearing for the final year will be admitted provisionally, which will be held until the 50% aggregate eligibility criterion is met.
  • There will be reservations for wards of disabled/killed army personnel and Kashmiri migrants, provided NMAT has been cleared by the concerned candidate and other criteria have been met at the time of application.
  • Candidates with work experience of two years and above will be preferred in the selection process.

Read More: NMIMS Indore Course and Fees

The NMIMS Indore MBA admission process includes the following stages: 

Admission Stage

Description

Register for NMAT

The candidates will have to register for the NMAT by GMAC.

Registration at NMIMS

Register at NMIMS before the NMAT exam, using the NMAT registration number.

Shortlist for WAT/ PI

The candidates will be shortlisted based on the NMAT sectional and overall score and the call letter for WAT/ PI will be visible on the dashboard.

WAT/ PI

The shortlisted candidates will have to appear for a Written Analytics test or a Psychometric Test, and a personal interview.

Final Selection 

The final merit list will be prepared in terms of academic marks obtained, work experience, marks obtained in NMAT, and marks obtained in the second stage of the selection process.

NMIMS Indore MBA Application Process

To apply for the MBA program at NMIMS Indore, the candidates will have to go through the following:

  • The candidates will have to first register online for NMAT by GMAT by visiting www.nmat.org
  • Then the candidates should register at NMIMS (www.nmims.edu), by using the NMAT registration number. 

  • The candidates will have to complete the application form and pay the application fee of INR 2,600

The documents that need to be uploaded with the application form are as follows:

  • 10th and 12th Mark Sheet & Passing Certificate
  • Degree mark sheet of each semester and degree certificate.

  • Postgraduate degree mark sheet (if applicable)

  • Migration Certificate

  • Eligibility Certificate (if applicable)

  • Work experience certificate

  • Medical Fitness certificate

  • Mediclaim Policy

NMIMS Indore MBA Selection Criteria

The candidates will be selected for the MBA program based on the following criteria:

Step 1: The candidates will have to appear for the NMAT by GMAC, and the NMAT scores will be submitted by GMAC electronically to NMIMS.

Step 2: The candidates will be shortlisted based on the NMAT sectional and overall score and will be called for the Psychometric test of Written Analytic test and Personal Interview.

Step 3: The final merit list will be prepared based on the academic marks obtained, work experience, marks obtained in MNAT by GMAC, and marks obtained in the second stage of the selection process.

NMIMS Indore MBA NMAT Entrance Exam Pattern 

NMAT (NMIMS Management Aptitude Test) is conducted on a national level for admission to various reputed B-Schools in India, which include the NMIMS, ISB, SPJIMR, XIMB, etc 

  • The exam consists of three sections: Language skills, Quantitative skills, and Logical Reasoning.
  • Each section consists of 36 questions.
  • The duration of the exam is 120 minutes
  • It is an online MCQ-based paper.
  • The total mark of NMAT are 360 

NMIMS Indore MBA NMAT Cutoff 

The NMIMS Indore NMAT Cutoff 2022 was 200. Tabulated below shows the sectional as well as overall cut-off for NMIMS Indore MBA.

NMAT Sectional Cut-off NMAT Overall Cut-off
Language Skills Quantitative Techniques Logical Reasoning  Overall 
55 55 55 200

Check NMIMS Indore MBA Cutoff

NMIMS Indore MBA Program Details - Syllabus, Curriculum

NMIMS Indore offers the MBA program for a duration of 2 years in 6 specializations.

  • The course focuses on three main domains: Entrepreneurship and Innovation; Technology, Information and Operations Management; Management in a Service Economy.
  • Three kinds of courses are available for students to pursue. These comprise core and elective subjects, along with experiential ones. Collaboration and project work are accounted for as well.
  • A total of 33 courses are to be covered in the two-year duration, with a total of 101 credits.
  • After the conclusion of the first year, candidates get to undergo industry training with the institution’s corporate partners/recruiters.
  • Students are free to choose electives from the fourth trimester onwards, in the second year of their studies.

NMIMS Indore MBA Syllabus

The two-year MBA course is divided into six trimesters, each of which specifically deals with the broad aim of inculcating a nuanced understanding of key concepts. The course structure of NMIMS Indore MBA is explained below:

Type of Course Number of courses Total Credits Total hours
Core 21 60 600
Elective 12 36 360
Experiential/Workshops - 5 100
Total 33 101 1,060
Detailed two-year syllabus Click here

Program Structure

  • Attendance Requirement: MBA students are mandated to maintain 100% attendance. Though, an allowance of 20% is provided, to account for medical,0 personal, placement, and competitional circumstances. Those with attendance less than 80%, but greater than 60%, shall suffer a reduction in their grades, as per the following criteria:
Attendance % (in each course) Grade reduction
70 to 79.9% 1 grade less
60 to 69.9% 2 grades less

Note: Those with a class presence of less than 60% won’t be allowed to appear for the respective trimester exams. 

  • Coursework: Continuous evaluation is a key feature of ensuring high standards. Modes utilized are composed of class participation and individual presentation, surprise quizzes, and class tests, individual and group assignments, project reports, viva, and mid-term and end-term examinations.
  • Electives: Elective subjects from the domains of Finance, Marketing, Operations, Human Resource Management, Analytics, and General Management (Management Consulting) can be chosen in the subsequent trimesters.
  • Examination: The final/trimester exam shall be worth 40% of the total allotted 100 marks for every subject. The remaining 60% is constituted by the means listed in the previous point.
  • Summer Internship: The summer internship after the third trimester is supposed to be an individual initiative, despite the overarching efforts by the placement cell. While it provides relevant industry exposure to students, they’re also required to submit their report at its culmination. Its duration is eight weeks, approximately.
  • Additional activities: Working on live projects, participation in OBT (outbound training), and competitive, decision-based simulation games are touted as beneficial for trainees. Attending three guest lectures per trimester is a requirement.

Read More: NMIMS Indore Faculty

NMIMS Indore MBA Scholarships

Various scholarships are provided by the government and private bodies, in order to support the education of students. These can be availed both on the basis of need and merit.

  • Under the “Central Sector Scheme of scholarships for College and university students”, an amount of INR 2,000 is transferred to the bank account of the concerned student.
  • It’s a need-based scholarship, open to economically weak students from general, SC/ST/OBC, and physically challenged categories.
  • The scholarship is provided on the basis of the candidate’s performance in 10+2.
  • This is done for 10 months a year by the PFMS (Public Financial Management System) for the Ministry of Human Resource Development (MHRD), Government of India.
  • Students can also avail of education loans, which are made available by various banks in the private and public sectors.

Read More: NMIMS Indore Scholarships

Which NMIMS is better for MBA: NMIMS Indore, NMIMS Navi Mumbai, NMIMS Hyderabad?

Being established relatively recently, NMIMS Indore is projected to grow into a stronger brand in the upcoming years. The following list has been prepared on the basis of various factors like placements, quality of faculty, alumni network, location, track record, etc.

Particulars NMIMS Indore NMIMS Navi Mumbai NMIMS Hyderabad
Average Package INR 12.5 LPA INR 13.6 LPA INR 13.01 LPA
Highest Package INR 16.8 LPA INR 25 LPA INR 28.05 LPA
NMAT cutoff 180 185 190

NMIMS Indore MBA Placements

NMIMS Indore Placement 2023 has been concluded with a 100% placement rate. The average CTC has increased by 19% and stood at INR 12.5 LPA. 14% of the total students received PPOs. The Highest package stood at INR 16,8 LPA and most of the students were placed in the marketing/ business development domain. 

NMIMS Indore MBA Placement 2023 are as follows:

Particulars Placement Statistics 2023
Highest Package  INR 16. 8 LPA
Average Package  INR 12.5 LPA
Median Package  INR 12.4 LPA
Most Recruiting Domain  Marketing/ Business Development 
Top Recruiters  Axis Bank, Bandhan Bank, Hindustan Times, Big Basket, TATA, Reliance, etc. 

NMIMS Indore MBA Batch Profile 2021-23

Mentioned below are the NMIMS Indore Batch Profile for the 2023 Placements:

Particulars Statistics
Gender Ratio (M:F) 40 : 60
Freshers 60%
Work Experience (1-12 months) 6%
Work Experience (12-24 months) 21%
Work Experience (Above 24 months) 13%
Average Age  23
Educational Backgrounds Engineering (32%), Commerce (30%), Management (21%), Arts (11%), and Others (6%)
Experience backgrounds IT/ ITES/ E-Commerce (41%), BFSI (26%), Manufacturing (18%), and others (15%)

NMIMS Indore MBA Summer Internships 2023 

The summer internship statistics of batch 2021-23 has been mentioned in the table below:

Particulars Summer Internship Statistics
Highest Stipend INR 80,000
Average Stipend INR 52,300
Median Stipend INR 50,000
Top Recruiters ICICI Bank, Pnb Housing Finance Limited. IDBI Baki, Creative Labs, Ather, Indian Oil, CITI, etc.

Know More: NMIMS Indore Placements

FAQs

Ques. Do students get to choose all their electives in MBA at NMIMS Indore?

Ans: Yes, starting from the fourth trimester, electives dominate the NMIMS Indore MBA curriculum. In the last two trimesters, there are only electives, which are chosen as per the student’s choice. However, if less than eight students opt for an elective, it isn’t a permitted option.

Ques. Are NMIMS Indore MBA students allowed to reject PPOs?

Ans: Yes, the NMIMS Indore MBA students are free to do so. However, if the reason for rejection was low CTC, they won’t be permitted to appear for profiles lower than that amount, in the final placements. They will not be allowed to appear for an interview with the firm they had turned down.

Ques. What is the grading system for the MBA program at NMIMS Indore?

Ans: A letter-based grading system is followed at NMIMS Indore for its MBA program, which runs between A+ (85-100 marks, 4 Points) and F (0-39 marks, 0 points). The 0-4 grade point scale is used interchangeably with the said notation. Both of these are based on the final score obtained in a particular course, out of 100.

Ques. How does MBA at NMIMS Indore compare to the older campuses?

Ans: Despite it still being in its early days, NMIMS Indore has displayed high potential. Even though its numbers are not as good as its older counterparts currently, things look promising, especially with the kind of companies visiting the campus for placements.

Ques. Are there attendance relaxations for students representing NMIMS Indore at contests?

Ans: While events organized by renowned MNCs and institutions are under the purview of Placement Cell, NMIMS Indore MBA students are also encouraged to take part in “Grade-A” competitions (organized by IIMs and ISB). A 10% attendance exemption is made for a course, and the same is counted as per the 20% leeway (refer to the attendance section above).


Course Details

General

Total Fees

18,00,000
Duration2 Years
Number of Seats120
Type of CourseFull Time
Mode of TeachingOn Campus

Placement

Highest Placement₹ 16.8 Lakhs
Average Placement₹ 12.5 Lakhs
Top Companies


Ask your question

Answered Questions

Narsee Monjee Institute of Management Studies -[NMIMS Deemed to be University]: 6 answered questions

SR

Suchismita Roy

17 Jan 22

One of my friends studied in NMIMS Indore. According to him, it was a great experience to study at NMIMS Indore. 

  • The college has the best infrastructure and all the necessary modern facilities.
  • The classes are well maintained.
  • There are separate discussion rooms to work on projects, sports room, music room, seminar hall and a well stocked library.
  • The faculties are considered the backbone of the college. They are highly experienced and cooperative.
  • They have a dedicated training and placement cell. 
  • They arrange guest lectures for interacting with industry professionals. They provide seminars, industry visits and internships.
Categories NMIMS Indore
Course Fee INR 8.06 lakh
Placement Percentage 80%
Highest CTC 12 LPA
Average CTC 6-7 LPA
Recruiting Companies Reliance, IOCL, Godrej, PWC, etc.

NMIMS has given students the opportunity to succeed in their life in their selected field. They encourage the development of students both academically and holistically.

...Show More

MB

Mridul Bhattacharya

25 Jan 22

Yes, the NMIMS Indore campus is worth considering. Although the campus hasn’t been running for long it has made commendable progress. The institute offers experienced faculties, interactive classrooms, various learning committees like technical, literary, sports, cultural, etc. 

The statistics for NMIMS Indore placement have been good over the years. In 2021, the highest and average CTC offered was 14 LPA and 8.6 LPA. As a city, Indore is a great option. You can easily avail living space and transport facilities at Indore. 

...Show More

JS

Jayanti Seth

09 Jul 21

One of my friends is part of the institute and speaks highly of it. Here are the various objectives of NMIMS, Indore that you should know.

  • At present, it is emerging as a preferred campus for students to pursue Executive Education in India.
  • It has been recognized to have established a center of excellence for Business Analytics, Technology Management, and Infrastructure Management.
  • The School of Commerce, Science, Law, Economics, Engineering, and Pharmacy are some of the recent establishments of the institute.
  • It is trying to set up a conducive research environment and also helps foster collaborative research with the several industrial sectors, the government, and NGOs.

NMIMS is known for its Mumbai campus. However, the placement of the Indore campus has been also good. In their first placement drive, the highest salary recorded was INR 18 LPA, while the average stood at INR 11.53 LPA.

However, here are the latest 2020 placement stats of the institute.

Parameters

Statistics

Highest Salary Package

INR 15.38 LPA

Average Salary Package

INR 7.79 LPA

Highest Stipend

INR 60,000

Average Stipend

INR 1,500

NMIMS Indore will take a few years to establish the brand value but if you are willing to wait, you can definitely reap the benefits.

...Show More

TD

Tania Dey

07 Jul 21

NMIMS is a very reputed institute in our country. It specializes in its MBA programs and it has come up with a course that comprises both Technology (Engineering) and Management (MBA). Being a student here myself, I can say that it is a really good college with cooperative faculty members.

  • It’s a 5-year course carefully divided as per the curriculum.
  • The recently launched is doing well and has gained fame and caught the eyes of the industries.
  • The students have already completed their internships which were both from technical as well as management.
  • Technical Internship Program (TIP) for 8 weeks and the Management Internship Program (MIP) for 19 weeks preparing them for whatever industry they choose.

Categories

MBA Tech at NMIMS Indore

Course Fee

13.82 lakh

Highest CTC

12-15 LPA

Average CTC

7-8 LPA

The placement looks bright because the PGDM has been placed with top MNC’s like Microsoft, Crisil, ICICI Bank, IFFCO Tokio, etc. Thus it is a promising course.

...Show More

PB

Pritha Banerjee

09 Jul 22

NMIMS Indore is a part of the NMIMS family and offers excellent academics and placements. It has a dedicated pool of faculty. The professors are supportive and friendly. As a student of the institute, you will get opportunities to interact with industry experts.  

NMIMS Indore placements are pretty good. During the last placement drive, students received an average CTC of around INR 8.6 LPA. While the highest CTC offered was INR 14 LPA. Deloitte, Tech Mahindra, Adani, Tata Capital, etc. are some of the major recruiters for the institute. 

...Show More

KC

Komal Chawla

22 May 21

Narsee Monjee College of Commerce and Economics is a hub of Chartered Accountants. Nearly 75% of the students of this college choose to become CA. 

I know a few people from the institute and here is a brief review of the institute based on the interaction I had with them. 

  • The vivas and NM MITHIBAI rivalry is like a nightmare for every student.
  • Also, it is the place where you need to struggle for every little thing. From making up your attendance to 75% to getting selected in Umang. The examination paper is also quite tough. 
  • Umang is the annual fest of the college that is becoming popular in entire Asia and becoming part of it is really overwhelming for all, whether assistants or chairperson.
  • With a double floor decent library and two great canteens, Narsee Monjee College of Commerce and Economics is the best place to spend your college life.

So if you get a chance to spend your college life here, you will definitely miss it once you pass out.

...Show More


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