For those intending to pursue an MBA from Narsee Monjee Institute of
Management Studies, one of India’s leading business schools, it is important
to know how much Narsee Monjee MBA Fees would cost in terms of
educational finances. With a world-class curriculum, established industry
connections, and an impressive strong alumni network, thousands of
applicants apply every year for the MBA program offered by NMIMS. This
article gives you a comprehensive overview of the Narsee Monjee MBA fees
and helps you make a decision for your future.
Understanding Narsee Monjee MBA Fees
Narsee Monjee MBA fees are divided into the type of program, campus, and
specialization one may choose. As of 2024, the fees for the MBA programs at
NMIMS are designed to offer a competitive advantage in the business world,
though they vary across different campuses and program types
1. Full-Time Narsee monjee MBA Fees at Mumbai
The MBA full-time program at the prestigious NMIMS Mumbai campus is one of
the most sought-after courses in India. The tuition fee for this programme is
generally in the range of INR 18 Lakhs to 20 Lakhs for the entire two-year period.
This programme includes finance, marketing, HR, operations, and analytics
with every specialization carrying slightly different fee packages. The fee covers
tuition fees, hostel charges, etc. Being in Mumbai, its fee is one of the highest
among the campuses, but it does offer the benefit of a huge network of
companies for placements.
2. MBA Fees at NMIMS Bengaluru and Hyderabad Campuses
The NMIMS Bengaluru and Hyderabad campus provide the same quality of
education at a reduced fee for students looking for an affordable alternative.
The Narsee Monjee MBA fee for the entire duration at the two campuses varies
from INR 12 Lakhs to 15 Lakhs. These campuses also provide a range of
specializations but are generally more cost-effective due to the lower living and
operational costs in these cities compared to Mumbai.
NMIMS also offers an Executive MBA program designed for working
professionals who want to enhance their business skills while continuing their
careers. The fees for the Executive MBA program typically range from INR 7
Lakhs to 10 Lakhs for the complete course. This part-time program allows
professionals to balance work and study and is ideal for those looking to
upgrade their leadership capabilities.
4. Online MBA Fees at NMIMS
With the increasing popularity of online education, NMIMS has developed an
online MBA program that lets students pursue their studies on campus even
while attending to professional commitments. The fees for such an MBA
course conducted online are also relatively lower than the full-time courses. It
mostly ranges between INR 4 Lakhs to 7 Lakhs. The online MBA is flexible and
thus an ideal choice for working professionals who cannot attend an MBA on
campus.
Several factors determine the overall Narsee Monjee MBA fees for a student:
• Specialization: Specialization: Narsee Monjee might have higher fees
for specializations like Finance or Analytics because it is in more demand
and has higher value in the industry.
• Mode of Study: Mode of Study: An MBA done full-time, part-time, or
online has entirely different structures and fees as per the format and
flexibility being offered.
• Campus Location: As mentioned, the fees for the Mumbai campus are
generally higher due to the location and infrastructure compared to the
other campuses in Bengaluru and Hyderabad.
Scholarships and Financial Aid
To alleviate the burden of finance, NMIMS offers few scholarships and financial
aid programs. These scholarships are based on financial need, merit, and
academic excellence. Moreover, many students opt for loans offered by a
variety of banks in collaboration with the institution itself.
Narsee Monjee MBA fees are slightly high, but the investment is well worth it
considering the quality of education, exposure to industry, and placement
opportunities. NMIMS stands for a world-class environment that equips
students with skills and knowledge to succeed in the global business
landscape.
By understanding the Narsee Monjee MBA fees, you can make the right choice
about one’s MBA journey. Be it full-time in Mumbai or a more affordable option
to study in Bengaluru or Hyderabad, or online MBA, NMIMS manages to offer a
plethora of options for achieving one’s dream of progressing through a career.
With its excellent goodwill, it always remains at the top of MBA aspirants’
choice across all India.