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Master of Business Administration [MBA]
Management (null)
Shortlisted by 44+ Students
Location: Mumbai
Duration: 2 YEAR
Regular / Offline
Average Fees: ₹ 10.04 Lakhs
Highlights It is a two-year full-time programme spread over six trimesters leading to the degree in Master of Business Administration. It is the flagship programme of the School of Business Management, NMIMS Deemed-to-be University, Mumbai with a legacy of over 41 years. It has enjoyed a high credibility in the corporate world over the years. Many of our alumni occupy significant leadership positions in the corporate hierarchy while some have been successful entrepreneurs. Tens of thousands of students across the world vie for a seat in the full-time MBA, a flagship program of the School of Business Management, Mumbai. Admissions are conducted through a rigorous entrance procedure (https://www.nmat.org) consisting of a written examination, group discussion and personal interview. It has an acceptance rate of less than 1% every year. Students undergo a wide gamut of courses in the first year followed by an intensive focus on their areas of concentration in Year II. The most notable features of the programme are its objectives and its flexibility in providing a genuinely broad-based education. Annual seminars, CEO series of guest lectures, business simulation games, personal growth lab, psychological profiling, personality development workshops (MBTI), and the like create an all-round holistic development of the student. Final year students have a variety of specializations to choose from depending on their aptitude and preferences. They have the freedom to choose from a large number of electives every trimester. They have an option to choose from non-credit courses and free cross-disciplinary subjects of their choice that suit their individual preferences.
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Narsee Monjee Institute of Management Studies (NMIMS) was established in Mumbai in the year 1981 by a leading public charitable education trust, Shri Vile Parle Kelavani Mandal (SVKM). NMIMS was established with the initial intent to offer management programs at the Diploma and Masters’ (graduate) level.
Since its commencement in 1981, NMIMS has been offering Mumbai University (University of Bombay) programs like Masters in Management Studies, Diploma in Management Studies, Masters’ Program in Marketing Management, Human Resources Management and Finance Management. In 1991, the Government of India set up the All India Council for Technical Education (AICTE), a regulatory body created for technical education.
NMIMS was the first institution in the city of Mumbai to be awarded the AICTE recognition for its Post Graduate Diploma in Management program. Since then, NMIMS has progressed to offer programs at the diploma, masters’ (MBA) and the doctoral (Ph.D.) levels.
In 1999, the Government of India, Ministry of Human Resource Development, invited NMIMS to consider becoming a deemed to be University under section 3 of the University Grants Commission (UGC) Act, 1956. The UGC Act is a statute that regulates university education in India and is authorized to confer university status (as Deemed-to-be University) on institutions of excellence.
On 13 January 2003, the Central Government of India declared NMIMS, Mumbai, as Deemed-to-be-University under Section 3 of the UGC Act, 1956. The ‘University’ status was conferred on NMIMS principally on the strength of its contribution to the growth of management education and its influence on the Indian economy.
This was subsequently voiced by Dr. David A. Wilson, President GMAC (Graduate Management Admission Council), who wrote while inviting NMIMS SBM (NMIMS School of Business Management) to become a member of GMAC, “…most of all it (reason) is a tangible statement of the significant contribution NMIMS University has made to graduate management education.”
Since 1998, when Indian business schools (B-Schools) were first ranked by Business Today (a business magazine), NMIMS has consistently been ranked among the top 10 B-Schools of India, even though the total number of business schools has increased from 150 in 1998 to over 4,000 in 2017.
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