NMIMS Mumbai Placements 2023: Highest & Average Salary Package, Top Companies

Maimil Maiti Maimil Maiti | Mar 15, 2024
Maimil Maiti
Maimil Maiti

Updated on - Mar 15, 2024

Latest Updates for NMIMS Mumbai

  • 01 March 2024 :

    NATA Application Form 2024 has been released for Phase I on Mar 1, 2024.

  • 23 January 2024 :

    NPAT application form 2024 can be submitted till May 20, 2024.

The NMIMS Mumbai placements have been successfully concluded for 2023. Narsee Monjee Institute of Management Studies saw the highest package, at INR 67.80 LPA. The average package offered to students was INR 26.63 LPA for the MBA-Core course 2023. 

In the Narsee Monjee Institute of Management Studies placements 2023, 148 companies participated in the campus placements.

The NMIMS Mumbai placement cell is responsible for all the placement-related activities like guest lectures for pre-placement training, skill-enhancement workshops, summer internships and much more. Reputed organisations like Microsoft, Capgemini, Cognizant, Google, Flipkart, The Times Group, Pepsico, Deloitte, EY, and others participate in the Narsee Monjee Institute of Management Studies placements.

Table of Contents

NMIMS Mumbai Placement Highlights 2023

NMIMS Mumbai incorporates a strong relationship with various top organisations and companies across India which helps students land attractive job opportunities during the final recruitment procedure. 

NMIMS Mumbai is one of the top universities in India and thus ensures exemplary placement records to maintain the ranking. The detailed highlights for NMIMS Mumbai placements 2023 are tabulated below.

Courses MBA-Core MBA-HR
NMIMS Mumbai Highest Package INR 67.80 LPA INR 25.95 LPA
NMIMS Mumbai Average Package INR 26.63 LPA INR 19.56 LPA
Total Number of Recruiters 148 51
Total Number of New Recruiters 52 24
Number of Fortune 500 Recruiters 84 29
Total Number of PPOs 36% 25%

NMIMS Mumbai Average Package Details

The NMIMS University Mumbai placement details for the average packages offered for the MBA-Core and MBA-HR courses are tabulated below.

MBA-Core

Types of Average Packages Amount of CTC Offered
NMIMS Mumbai Top 40% Average Package INR 32.53 LPA
NMIMS Mumbai Top 30% Average Package INR 34.39 LPA
NMIMS Mumbai Top 20% Average Package INR 36.50 LPA
NMIMS Mumbai Top 10% Average Package INR 40.41 LPA

MBA-HR

Types of Average Packages Amount of CTC Offered
NMIMS Mumbai Top 25% Average Package INR 23.77 LPA
NMIMS Mumbai Top 20% Average Package INR 24.20 LPA
NMIMS Mumbai Top 15% Average Package INR 24.80 LPA
NMIMS Mumbai Top 10% Average Package INR 25.64 LPA

NMIMS Mumbai Top Recruiters

NMIMS Mumbai placements 2023 saw 148 companies visit the campus for the MBA-core course, offering employment opportunities to every student. Some of NMIMS Mumbai top recruiters visiting the campus during placements are listed below.

Google JP Morgan Chase and Company Accenture
Abbott Jindal Steel and Power KPMG
Microsoft Britannia EY

NMIMS Mumbai Placement Statistics

The Narsee Monjee Institute of Management Studies placement statistics have constantly been rising yearly, with higher salaries offered and more recruiters joining the recruitment drive. The placements for the year 2023 have been completed. Some placement statistics, such as NMIMS Mumbai salary trends and other top recruiter details, are below.

NMIMS Mumbai Placement Report Comparison

Refer to the table below for a detailed comparison of the NMIMS Mumbai placements for the MBA course over the past four years.

MBA-Core

Particulars 2023 2022 2021 2020
Total Number of Recruiters 148 130 39 29
Total Number of New Recruiters 52 38 19 07
Total Number of Fortune 500 Recruiters 84 64 11 24
Percentage of PPOs Offered 36% 29% 23% 45%
NMIMS Mumbai Highest Package INR 67.80 LPA INR 57.65 LPA INR 21 LPA INR 22 LPA
NMIMS Mumbai Average Package INR 26.63 LPA INR 23.07 LPA INR 15.09 LPA INR 14.98 LPA
Highest Paying Sector BFSI BFSI IT Consulting

MBA-HR

Particulars 2023 2022 2021 2020
Total Number of Recruiters 51 24 39 29
Total Number of New Recruiters 24 10 19 07
Total Number of Fortune 500 Recruiters 29 11 11 24
Percentage of PPOs Offered 25% 11% 23% 25%
NMIMS Mumbai Highest Package INR 25.95 LPA INR 24.84 LPA INR 21 LPA INR 22 LPA
NMIMS Mumbai Average Package INR 19.56 LPA INR 19.40 LPA INR 15.09 LPA INR 14.98 LPA
Highest Paying Sector Auto, Conglomerate, Manufacturing, Power, Oil & Gas IT, Pharmaceuticals, Media & Telecom IT Consulting

NMIMS Mumbai Highest Package Statistics

As per the NMIMS Mumbai highest package of 2023, an admirable year-on-year increase of 17.60% in the highest salary for the MBA-Core course from the previous year was seen. 

The graph below exhibits the highest salary trends comparison during NMIMS Mumbai placements for the past few years.

NMIMS Mumbai Highest Package Statistics

NMIMS Mumbai Average Package Statistics

Refer to the graph below for the various course-wise NMIMS Mumbai average package details over the past few years.

NMIMS Mumbai Average Package Statistics

NMIMS Mumbai Domain-Wise Highest Package Statistics

During the NMIMS Mumbai placements in 2023, a student bagged the highest CTC of INR 67.80 Lakhs in the General Management domain. The NMIMS Mumbai highest package offered in different domains is tabulated below.

Domains Highest CTC (in  INR LPA)
Finance 42
General Management 67.80
HR 25.95
Marketing 57.78
Operations and Data Science 36.32

NMIMS Mumbai Sector-Wise Placement Statistics 2023

Several companies annually join the annual Narsee Monjee Institute of Management Studies placements. Deserving students are given employment opportunities in various sectors of the corporate industry. 

The table below exhibits the sector-wise NMIMS Mumbai placements statistics for various courses offered at the institute.

MBA-Core

Sectors Total Percentage of Students Placed Percentage Selected on Campus from Total Selected Percentage Selected through PPO from Total Selected
BFSI 35% 65% 35%
Start-up, Logistics & E-commerce 5% 70% 30%
IT/Analytics, Pharmaceuticals, Media and Telecom 15% 43% 57%
Consulting 22% 86% 14%
FMCG, FMCD and Retail 13% 46% 54%
Auto, Conglomerate, Manufacturing, Power, Oil and Gas 10% 67% 33%

MBA-HR

Sectors Total Percentage of Students Placed Percentage Selected on Campus from Total Selected Percentage Selected through PPO from Total Selected
BFSI 13% 67% 33%
Start-up, Logistics & E-commerce 04% 60% 40%
IT/Analytics, Pharmaceuticals, Media and Telecom 21% 75% 25%
Consulting 26% 87% 13%
FMCG, FMCD and Retail 04% 80% 20%
Auto, Conglomerate, Manufacturing, Power, Oil and Gas 32% 78% 22%

NMIMS Mumbai MBA-HR Roles Offered

The various roles that students embark upon after getting placed at the NMIMS University Mumbai placements for the MBA-HR course are as follows.

  • HR Development Partner
  • HR Consultant
  • Senior Research Analyst
  • Talent Growth Analyst
  • Recruiter
  • Corporate HR

NMIMS Mumbai Alumni Statistics

NMIMS Mumbai is known for its flagship two-year MBA course. Over the years, the institute has witnessed several students placed in various reputed organisations. The placement trends for the alumni of NMIMS Mumbai are displayed in the table below.

Company Name Number of Alumni
SVKM’s Narsee Monjee Institute of Management Studies, Mumbai 444
Tata Consultancy Services 189
Amazon 154
Accenture 148
EY 103
Deloitte 101
Genpact 96
Capgemini 88
HDFC Bank 83
Cognizant 78
Wipro 74
Infosys 72
HCLTech 69
Vaayu Fest 69
ICICI Bank 65

NMIMS Mumbai Other Top Recruiters

Refer to the table below for other top recruiters participating in the Narsee Monjee Institute of Management Studies placements 2023.

Aditya Birla Capital Indigo L&T
American Express Everest Schneider Electric
Axis Bank BMW ICICI Lombard
Bloomberg Adani ICICI Prudential
Barclay’s Yes Bank Bain and Company
DE Shaw and Co TATA AIG Deloitte
Goldman Sachs SBI Life PWC
HSBC Bank of America McKinsey and Company
ICICI Bank IDFC First Bank Asian Paints
ITC Limited Johnson and Johnson Kellogg’s
Marico McCain Pepsico
Pidilite Raymond Red Bull
Samsung Wipro Titan Company
Kotak Mahindra Bank Capgemini Max Life Insurance
Baker Hughes Sony Pictures CISCO
Flipkart PhonePe Zepto
Maruti Suzuki Reliance Industries Limited V-Guard
Cognizant IBM  Infosys Consulting
Amway Bajaj Electricals Dabur
Loreal Whirlpool TATA Consumer Products
Hexaware Dell JIO
Hewlett Packard Enterprise Intel SalesForce
The Times Group Indiamart BOSCH
Bajaj Allianz DarwinBox McDonald’s
Sun Pharma Saint Gobain Policy Bazaar

NMIMS Mumbai Placement Cell

NMIMS Mumbai Placement Cell provides frequent training sessions, logical reasoning, soft skills, and verbal ability tests, which help the students in final placements. The team maintains good corporate relations across companies to help students land jobs with attractive offers during the final placements. 

The NMIMS University Mumbai placement cell also organises various programs like guest lectures, live projects, and summer internships to enhance students' skills and prepare them for upcoming challenges in the professional world. 

NMIMS Mumbai Placement Process

The steps for conducting the annual NMIMS Mumbai recruitment drive are described below.

  • The NMIMS Mumbai placement cell sends invitations and other necessary details of the students to the intended organisations.
  • The employers must complete the job application sent by the NMIMS Mumbai placements team to recruit students.
  • Pre-placement discussions are organised and occur on specific days in the college. The lectures are scheduled once the institute and the firms' negotiations are finalised.
  • Interested students are asked to apply for the organisations participating in the NMIMS Mumbai placements 2023. 
  • The job descriptions, CTC offered and other relevant information are shared with the students who sit for the selection process.
  • The recruiting organisations visit the campus on appointed days to recruit eligible candidates through several rounds of aptitude examinations, group discussions and interviews.
  • Selected candidates are offered the roles along with the offer letters, which they need to sign and accept.

NMIMS Mumbai Internship

Internships are an integral part of the NMIMS Mumbai placements. Students are encouraged to take up internships to gain real-world corporate industry experience. Several students land a PPO offer during their internship tenure. 

Given below are the internship highlights of the NMIMS Mumbai placements 2023 for the batch of 2022-2024.

Courses MBA-Core MBA-HR
NMIMS Mumbai Highest Stipend INR 4 Lakhs per month INR 3 Lakhs per month
NMIMS Mumbai Average Stipend INR 2 Lakhs per month INR 1.42 Lakhs per month
NMIMS Mumbai Top 200 Average Stipend INR 2.70 Lakhs per month INR 2.16 Lakhs per month
NMIMS Mumbai Top 150 Average Stipend INR 2.98 Lakhs per month INR 2.26 Lakhs per month
NMIMS Mumbai Top 100 Average Stipend INR 3.24 Lakhs per month INR 2.38 Lakhs per month
NMIMS Mumbai Top 50 Average Stipend INR 3.50 Lakhs per month INR 2.58 Lakhs per month
Total Number of Internship Recruiters 116 48
Total Number of New Recruiters 42 35
Number of Fortune 500 Recruiters 63 20

NMIMS Mumbai Internship Top Recruiters

NMIMS Mumbai placements see several recruiters partake in the internship process, giving attractive opportunities to the selected students. Several students also get a PPO post their internship tenure.

Aditya Birla Capital Indigo L&T
American Express Everest Schneider Electric
Axis Bank BMW Accenture Strategy
Bloomberg Adani EY
Barclay’s Yes Bank Bain and Company
DE Shaw and Co TATA AIG Deloitte
Goldman Sachs SBI Life PWC
HSBC JP Morgan Chase and Company McKinsey and Company
ICICI Bank IDFC First Bank Asian Paints
ITC Limited Johnson and Johnson Kellogg’s
Marico McCain Pepsico
Pidilite Raymond Red Bull
Samsung Wipro Titan Company
Abbott Capgemini Google
Microsoft Sony Pictures CISCO
Flipkart PhonePe Zepto

NMIMS Mumbai Sector-Wise Internship Statistics

The two graphs below are the NMIMS Mumbai recruitment statistics for the sector-wise placements during the internship drive 2023 for the batch 2022-2024.

MBA-Core

NMIMS Mumbai Sector-Wise MBA-Core Internship Statistics

MBA-HR

NMIMS Mumbai Sector-Wise MBA-HR Internship Statistics

NMIMS Mumbai Placements FAQs

What was the NMIMS Mumbai highest package offered for the 2023 placements?

The highest package offered at NMIMS Mumbai placements is INR 67.80 LPA internationally for the MBA-Core course for 2023 placements.

What was the NMIMS Mumbai average package offered during the recruitment drive in 2023?

The average package offered at NMIMS Mumbai placements 2023 is INR 26.63 LPA for the MBA-Core course and INR 19.56 LPA for the MBA-HR course.

Does NMIMS Mumbai have a placement cell?

Yes. The NMIMS Mumbai placement cell is dedicated to building associations with recruiters and continuing to provide a seamless platform for corporate-academia engagements.

Which NMIMS Mumbai top recruiters joined the 2023 placements?

Top organisations like Microsoft, Google, Accenture, Samsung, Sony, EY, Deloitte, Infosys, Capgemini, and Cognizant joined the NMIMS Mumbai placements 2023.

What was the highest stipend offered at NMIMS Mumbai in 2023?

The highest stipend 2023 for the MBA-Core and MBA-HR was INR 4 and 3 Lakhs, respectively. Refer to the article above for NMIMS Mumbai Internship details.

Which sectors recruited students during the NMIMS Mumbai placements in 2023?

Students are recruited into IT, consulting, FMCG, manufacturing, BFSI, e-commerce, education, and other sectors.

NMIMS Mumbai Reviews

Overall Rating

3.8

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Distribution of Rating

>4-5 star

65

>3-4 star

22

>2-3 star

12

1-2 star

1

Academics & Faculty

4

Fees & Scholarships

3.2

College Infrastructure & Hostel Facilities

4

Placements & Internships

4

Clubs & Associations

4.1

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