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

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Ajay Morab Ajay Morab | Sep 2, 2024
Ajay Morab
Ajay Morab

Updated on - Sep 2, 2024

NMIMS Mumbai placements are conducted successfully every year. The institute is not only known for offering quality education but also is a well-known brand in offering quality placement opportunities to students.

During the recently conducted NMIMS, Mumbai placements, the institute witnessed impressive placement statistics. Companies from various sectors marked their presence at the campus to hire students by offering them attractive salaries.

During the recently conducted NMIMS, Mumbai placement drive, the average salary for MBA (Core) stood at INR 25.13 LPA and for MBA (HR) stood at INR 18.64 Lakhs. Reputed companies like Aditya Birla Capital, American Express, DE Shaw and Co., Bank of America, JP Morgan Chase and Co., Goldman Sachs, Reliance Industries Limited, Ernst and Young, McKinsey and Company, etc., are some of the NMIMS Mumbai top recruiters.

Students from the NMIMS, Mumbai BBA course witnessed the highest salary of INR 16.5 LPA. At the same time, the average salary stood at INR 6.79 LPA. Further details about the NMIMS, Mumbai placements have been provided below.

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NMIMS Mumbai Placement Highlights

NMIMS Mumbai is one of the top universities in India and thus ensures exemplary placement records to maintain the ranking. The NMIMS Mumbai average package offered for MBA-Core and MBA-HR students was INR 25.13 LPA and INR 18.64 LPA, respectively. Some of the NMIMS, Mumbai placement highlights from the recently conducted placement drive have been provided below.

Name of the Institute NMIMS, Mumbai

Highest Salary Offered

(i) BBA

(ii) B.Com (Hons.)

(iii) B.Sc 

INR 16.5 LPA

INR 12.5 LPA

INR 12 LPA

Average Salary Offered

(i) BBA

(ii) B.Com (Hons.)

(iii) B.Sc 

INR 6.79 LPA

INR 6.71 LPA

INR 6.86 LPA

Highest Stipend Offered [M.Sc (Finance)]

INR 25,000 pm.
Average Stipend Offered [M.Sc (Finance)] INR 15,500 pm.
Top Recruiters Aditya Birla Capital, American Express, DE Shaw and Co., Bank of America, JP Morgan Chase and Co.,

NMIMS Mumbai Placement Statistics

The Narsee Monjee Institute of Management Studies placement statistics have constantly been rising yearly, with higher salaries being offered and more recruiters joining the recruitment drive. Highlights regarding the NMIMS, Mumbai placement statistics regarding the recently conducted placement drive for different courses have been tabulated below.

Course Highest Package Average Package
B.Tech INR 22.24 LPA INR 9.15 LPA
MCA INR 15.00 INR 9.09
M.Tech INR 13.56 LPA INR 10.70 LPA

NMIMS Mumbai Sector-Wise Placement Statistics

Companies from various domains participate in Narsee Monjee Institute of Management Studies placements. Deserving students are offered employment opportunities in various sectors of the corporate industry.

The table below exhibits the sector-wise NMIMS Mumbai placement statistics of MBA-Tech courses during 2024 placements.

Sectors Placement Percentage (Company Wise) Placement Percentage (Student Wise)
BFSI 35% 42%
Start-up, Logistics & E-commerce 9% 2%
IT/Analytics/ITES 14% 8%
Consulting 13% 30%
FMCG, FMCD, and Retail 46% 54%
Auto, Conglomerate, Manufacturing, Power, Oil and Gas 13% 8%

NMIMS Mumbai Placement Cell

NMIMS Mumbai placement cell provides frequent training sessions in logical reasoning, soft skills, verbal ability tests, etc., which help students in final placements. The team maintains good corporate relations across companies to help students land jobs with attractive offers during 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 fill out and send back the job application sent by the NMIMS Mumbai placements team to recruit students.
  • Pre-placement discussions are organised 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 through the NMIMS Mumbai placement cell.

NMIMS Mumbai Internship

Internships are an integral part of the NMIMS Mumbai curriculum. 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 some of the highlights of the NMIMS Mumbai recently conducted internship drive.

Particulars Highest Stipend Average Stipend
M.Sc (Finance) INR 25,000 per month INR 15,500 per month
BBA INR 60,000 INR 11,000
B.Com (Hons.) INR 60,000 INR 19,000
B.Sc (Finance) INR 10,000 INR 5,500

NMIMS Mumbai Top Recruiters

NMIMS Mumbai placements saw the participation of over 76 first-time recruiters. 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

FAQs on NMIMS Mumbai Placements

Q: What was the NMIMS Mumbai highest package offered in 2023?

A: During 2023 placements the NMIMS Mumbai highest package was recorded as INR 67.80 LPA. This is an international offer and was offered to students of the MBA-Core (General Management) program.

Q: What was the NMIMS Mumbai average package offered in 2023?

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

Q: Does NMIMS Mumbai have a placement cell?

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

Q: Who are some of NMIMS Mumbai top recruiters?

A: Microsoft, Google, Accenture, Samsung, Sony, EY, Deloitte, Infosys, Capgemini, Cognizant, etc. are some of the NMIMS Mumbai top recruiters.

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

A: The NMIMS Mumbai highest stipend offered to MBA-Core and MBA-HR courses in 2023 was INR 4.00 Lakhs per month and INR 3.00 Lakhs per month, respectively.

Q: Does NMIMS Mumbai provide internship opportunities?

A: Yes. Internships are an integral part of the NMIMS Mumbai curriculum. Refer to the article above for more NMIMS Mumbai Internship details.

NMIMS Mumbai Reviews

Overall Rating

3.8

Verified

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

Verified
jayeshjodi58 Batch 2019 MBA [Master of Business Administration]
4.6
Reviewed on Feb 02, 2023
4.5 Placements
4.5 Fees
5 Academics
4.5 Infrastructure
4.5 Campus

Placements & Internships : I got a job placement at Bajaj Finance company with the help of Intellecta Education. They guide me to pursue MBA from Nmims. And placement with high salary package. My role to manage finances of the company. 

Entrance Exams & Admissions :

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Verified
Pranav Arora Batch 2022 BBA {Hons.}
3.6
Reviewed on Feb 01, 2022
3 Placements
1 Fees
5 Academics
5 Infrastructure
4 Campus

Placements & Internships : In the field of marketing, internships are mostly unpaid. Only finance or consulting internship are paid (10k-25k range).  There are numerous companies that come to the campus (salaries offered vary from 3LPA to

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Verified
Jahnvi Agarwal03 Batch 2019 B.Sc Economics
Reviewed on Feb 01, 2021

Entrance Exams & Admissions : The eligibility criteria for B.Sc Economics in NMIMS is to pass 10+2 or any other equivalent examination in which you must obtain a minimum of 60% as your total percentage. For taking B.Sc Economics, you must also have Mathematics/Statistic

Read More

Verified
Anshulgarg5398 Batch 2021 B.Tech + MBA
4.5
Reviewed on Jul 17, 2020
4.5 Placements
4 Fees
4.5 Academics
5 Infrastructure
4.5 Campus

Placements & Internships : I have done a Technical internship from Velankani Software Pvt. Ltd, Bengaluru which is one of the well-established networking companies in India which helps connect consumers to its service providers. The company is an example in

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Verified
Siddhiverlecar Batch 2021 BSc [Bachelor of Science]
4.2
Reviewed on May 22, 2020
3.5 Placements
3.5 Fees
4.5 Academics
5 Infrastructure
4.5 Campus

Placements & Internships : In NMIMS, you are required to do an internship after completing your 2nd year in the course. The college has an excellent placement committee that helps students get placements. The university also allows pursuing internships with the help

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