Management Quota MBA Admission in Narsee Monjee Mumbai

The NMIMS Mumbai MBA is a two-year, full-time program that offers students a rigorous and comprehensive education in business administration. The program is designed to prepare students for successful careers in a variety of industries. Stay with us to know more about Management Quota MBA Admission in Narsee Monjee Mumbai. The NMIMS Bangalore MBA program is taught by a faculty of experienced and qualified professors. The faculty are committed to providing students with a high-quality education and helping them to achieve their career goals.

The NMIMS Mumbai MBA program is accredited by the Association of Management Schools of India (AMBA). AMBA is an international accreditation body that recognizes high-quality business schools.

The NMIMS Mumbai MBA program is a valuable investment for students who are looking to advance their careers in business. The program provides students with the knowledge and skills they need to succeed in the workplace. Here are the overview for the Narsee Monjee Mumbai Management Quota MBA Admission.

The institution is known for its focus on providing quality education, industry exposure, and fostering a conducive learning environment for students. It often collaborates with industry partners to offer internships, projects, and placement opportunities to its students. NMIMS Mumbai aims to groom professionals who are not only academically proficient but also equipped with practical skills to excel in their respective fields.

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Narsee Monjee Institute of Management Studies, Mumbai

The B-School at NMIMS Mumbai is 2nd among the Best Private Business Schools in the city by Fortune India and India Today in November 2023 and 15th among the top 100 Private B Schools by Business Today in July 2023. In the MBA program, (now in the 14th year), NMIMS offers specializations in the fields of Finance, Marketing, Operations and HR, and Analytics. We also offer several UG programs like B.Sc. (Data Science), B.Sc. Finance, B.Sc. Economics, B.B.A., B.Com. (Hons) & B.A., LL.B. (Hons), B.B.A., LL.B. (Hons).

MBA Core Subjects in Narsee Monjee Mumbai

The core subjects in the MBA program at NMIMS Mumbai are designed to provide a well-rounded foundation in all the essential areas of business. These subjects equip students with the knowledge and skills needed to succeed in various managerial roles across different industries. Here’s a breakdown of the core subjects typically covered in the Management Quota MBA Admission in Narsee Monjee Mumbai

Semester 1:

Management Principles: This course introduces students to the fundamental concepts of management, including organizational structure, leadership, decision-making, and communication.

Managerial Economics: This course covers microeconomic and macroeconomic principles relevant to business decision-making, such as demand analysis, cost analysis, and market structures.

Accounting for Management: This course provides students with the basic principles of accounting and financial analysis, enabling them to interpret financial statements and make informed business decisions.

Quantitative Methods for Business: This course introduces students to quantitative techniques commonly used in business, such as statistics, forecasting, and optimization.

Organizational Behavior: This course explores individual and group dynamics within organizations, covering topics such as motivation, leadership, and communication.

Semester 2:

Financial Management: This course delves into the principles of corporate finance, including capital budgeting, investment analysis, and working capital management.

Marketing Management: This course covers the essential concepts of marketing, such as market segmentation, product development, pricing, and distribution.

Operations Management: This course introduces students to the principles of operations management, including process design, capacity planning, and quality control.

Human Resource Management: This course explores the key functions of human resource management, such as recruitment, selection, performance management, and employee relations.

Business Communication: This course develops students’ communication skills in a business context, covering writing, presentation, and negotiation skills.

Semester 3:

Business Strategy: This course provides a framework for analyzing and formulating business strategies, including competitive analysis, industry analysis, and strategic positioning.

Business Ethics and Corporate Social Responsibility: This course explores ethical issues in business and examines the role of corporate social responsibility.

Elective Courses: In addition to the core subjects, students can choose elective courses from a wide range of areas, such as finance, marketing, operations, human resources, entrepreneurship, and business analytics.

Semester 4:

Integration Project: The integration project is a capstone course that allows students to apply the knowledge and skills they have learned throughout the program to a real-world business problem

MBA Direct Admission Process in Narsee Monjee

The admission process for Management Quota MBA Admission in Narsee Monjee Mumbai

Eligibility:

Bachelor’s degree in any discipline from a recognized university with a minimum of 50% marks (aggregate).
Work experience is preferred but not mandatory.
Minimum score requirement in NMAT by GMAC exam (cut-off varies each year, but generally around 224).

Application Process:

Register for NMAT by GMAC: Take the NMAT by GMAC exam between October and January. You can register on the official NMAT website: [https://www.nmat.org/]

Register for NMIMS Bangalore Application: After receiving your NMAT score, register for the NMIMS Bangalore program on their official website.

Submit Application and Documents: Complete the online application form and submit all required documents including transcripts, NMAT scorecard, essays, letters of recommendation, etc. Pay the application fee (INR 2,600).

MBA Selection Process at NMIMS Mumbai

Shortlisting: Based on NMAT score, academic record, and work experience (if applicable), shortlisted candidates will be invited for the next stage.

Written Test/Psychometric Test: Shortlisted candidates might need to appear for a Written Analytics Test or a Psychometric Test.

Personal Interview: Shortlisted candidates will be called for a Personal Interview round to assess their communication skills, leadership potential, and motivation for the program.

Final Selection:

Based on the combined performance in all stages (NMAT, application, written test/psychometric test, and interview), final selections will be made.

MBA Important Dates at NMIMS Mumbai

Here are the important dates for the Management Quota MBA Admission in Narsee Monjee Mumbai

Admission:

Applications Open: Admissions are now open and will remain open until March 10, 2024.
Last Date to Apply: March 10, 2024
Declaration of 1st Merit List: March 2, 2024
Payment of Fees (1st Merit List): March 3-7, 2024
Commencement of Program: June 5, 2024
Closure of Admission: June 21, 2024

Additional information:

NMAT Exam: While there is no specific test date as the program accepts various scores like NMAT by GMAC, GMAT, GRE, SAT, and ACT, you need to ensure your scores are valid when you apply.
Shortlisting and Interviews: Shortlisting typically happens after the application deadline and interviews are conducted for shortlisted candidates.

MBA Fees Structure at NMIMS Mumbai

The total program fee for the two-year full-time MBA program typically falls between INR 18-22 lakhs. This includes tuition fees, hostel fees, books and materials, and other miscellaneous charges.

MBA Scholarships at NMIMS Mumbai

NMIMS Mumbai offers a variety of scholarships to deserving students based on merit and need. Here are some of the scholarships available for MBA students:

Merit-based Scholarships:

NMIMS Merit Scholarship: This scholarship is awarded to students who have scored 90+ percentile in their CAT/XAT/MAT/CMAT exams. The scholarship amount is INR 2 lakhs per annum.
NMIMS Diversity Scholarship: This scholarship is awarded to students from diverse backgrounds who have scored 85+ percentile in their CAT/XAT/MAT/CMAT exams. The scholarship amount is INR 1 lakh per annum.
NMIMS Women’s Scholarship: This scholarship is awarded to female students who have scored 80+ percentile in their CAT/XAT/MAT/CMAT exams. The scholarship amount is INR 50,000 per annum.

Need-based Scholarships:

NMIMS Financial Aid Scholarship: This scholarship is awarded to students who demonstrate financial need and have scored 70+ percentile in their CAT/XAT/MAT/CMAT exams. The scholarship amount varies depending on the financial need of the student.
NMIMS Alumni Scholarship: This scholarship is awarded to students who are children of NMIMS alumni and have scored 70+ percentile in their CAT/XAT/MAT/CMAT exams. The scholarship amount is INR 50,000 per annum.

To apply for a scholarship, students must:

Submit a completed scholarship application form.
Provide supporting documents, such as academic transcripts, test scores, and financial need documentation.
Meet the eligibility criteria for the scholarship.

MBA Placements at Narsee Monjee Mumbai

NMIMS Mumbai boasts a strong placement record for their MBA program, attracting top companies and offering competitive packages to their graduates. Here’s a breakdown of their recent placements for the Management Quota MBA Admission in Narsee Monjee Mumbai

Placement Highlights (Class of 2024):

100% placement, securing jobs for all MBA graduates.
Average package: INR 14 LPA.
Highest package: INR 19.70 LPA.
Median package: INR 13 LPA.
Number of participating companies: 62, including 21 new recruiters.
Top recruiters: Accenture, Dell, Crisil, HSBC, ICICI Bank, JP Morgan Chase & Co., etc.
Industry sectors: Marketing, Finance, Human Resources, Analytics, etc.

Additional Information:

NMIMS Mumbai emphasizes industry interaction and practical learning through internships, corporate projects, and guest lectures, preparing students for the job market.
The career development team provides personalized guidance and support throughout the placement process.
The program focuses on developing essential skills like communication, teamwork, and leadership, valuable in various industries.