Mumbai, Maharashtra
NMIMS SBM Mumbai: Admission, Fees and Placements
NMIMS SBM Mumbai admits students to its P1 through NMAT. It is ranked 24 in the NIRF 2025 Management ranking. Its P1 fee is ₹27,00,000 for the whole programme. Every figure below links to the institute’s own document.
By ProCounsel Editorial TeamReviewed by ProCounsel counselling teamLast updated 12 Nov 2026
Official sources only · last verified 12 Nov 2026
What should you know about NMIMS SBM Mumbai at a glance?
| Full name | SVKM's NMIMS School of Business Management (SBM), Mumbai |
| Location | Mumbai, MaharashtraMore MBA colleges in Mumbai |
| Type | Deemed |
| Exams accepted | NMAT |
| NIRF 2025 (Management) | Rank 24, score 60.99Source: India Rankings 2025: Management (NIRF, Ministry of Education)· last verified 11 Nov 2026 |
| Applications open | 20 Aug 2026Source: NMIMS Admission Handout for Management Programs (NMAT 2026), batch 2027· last verified 11 Nov 2026 |
| Application deadline | 31 Oct 2026NMIMS application window for the 2027 batch (NMAT 2026) per admission handout; NMIMS registration must be completed before the candidate's NMAT test date. Application fee INR 3,000. Second-stage, merit-list and fee-payment dates to be declared later.Source: NMIMS Admission Handout for Management Programs (NMAT 2026), batch 2027· last verified 11 Nov 2026 |
How does NMIMS SBM Mumbai select students?
Stage 1: NMAT by GMAC test + NMIMS registration
NMAT by GMAC mandatory; candidate must also register on the NMIMS portal before the NMAT test date and give at least five programme preferences. Only the first NMAT attempt is considered.
Stage 2: Shortlisting on NMAT sectional and total scores
Shortlisted candidates called for an in-person second stage.
Stage 3: Competency Test and/or Personal Interview
In-person; details announced to shortlisted candidates.
Stage 4: Final merit list
Based on NMAT score, PI, Competency Test, work experience (more than one year gets weightage) and past academic performance; allotment by merit, preferences and seat availability. Weights not published; cut-offs at NMIMS's discretion.
Source: NMIMS Admission Handout for Management Programs (NMAT 2026), batch 2027· last verified 11 Nov 2026
What does NMIMS SBM Mumbai cost, and what do graduates earn?
Master of Business Administration (MBA), Mumbai
| Duration | 2 years |
| Total programme fee | ₹27,00,000Fee for the 2026-28 batch. Official handout (NMAT 2026, admission batch 2027) lists the MBA Mumbai fee as INR 13,50,000 per annum for academic year 2026-28 'for information only'; total shown is 2 x per-annum figure. Fee for the 2027 intake (A.Y. 2027-28) will be intimated in the offer letter. Hostel not included. (MBA HR Mumbai: INR 12,75,000 per annum.)Source: NMIMS Admission Handout for Management Programs (NMAT 2026), batch 2027· last verified 11 Nov 2026 |
| Intake | 600 seatsMBA Mumbai seats for the 2025-2026 batch per NMIMS NMAT 2025 admission handout (subject to statutory approvals); 30% of seats offered to female candidates. Not restated in the NMAT 2026 handout.Source: NMIMS Admission Handout for Management Programs (NMAT MBA 2025)· last verified 11 Nov 2026 |
| Median salary (2026) | Not published2024-26 batch final placements (MBA Core). Final Placement Report 2025-26, MBA Core 2024-26: average CTC INR 24.6 lakh; highest INR 41.28 lakh; 190 recruiters; 28% of batch placed through PPOs. Median not published. MBA HR 2024-26 average INR 19.08 lakh. No audit stated. |
Compare fees and salaries across colleges on the MBA fees and MBA placements pages.
Frequently asked questions
Which entrance exams does NMIMS SBM Mumbai accept?
NMIMS SBM Mumbai's official admission documents list NMAT for its P1 admissions. Check the current year's admission policy before applying, as accepted exams can change.
What is the fee for the P1 at NMIMS SBM Mumbai?
NMIMS SBM Mumbai states a total programme fee of ₹27,00,000 (₹27 lakh). Fee for the 2026-28 batch. Official handout (NMAT 2026, admission batch 2027) lists the MBA Mumbai fee as INR 13,50,000 per annum for academic year 2026-28 'for information only'; total shown is 2 x per-annum figure. Fee for the 2027 intake (A.Y. 2027-28) will be intimated in the offer letter. Hostel not included. (MBA HR Mumbai: INR 12,75,000 per annum.)
What is NMIMS SBM Mumbai's NIRF ranking?
NMIMS SBM Mumbai is ranked 24 in the NIRF 2025 Management ranking (India Rankings 2025: Management, Ministry of Education) with a score of 60.99 out of 100.
Sources
Official documents used on this page, all checked on 12 Nov 2026. ProCounsel is not affiliated with NMIMS SBM Mumbai.
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