NMIMS Mumbai MBA fees 2025: NMIMS, Mumbai ranks among the top MBA colleges in India recognized for its strong academics, industry connections, and impressive placement outcomes. Understanding fee structure of NMIMS, Mumbai is crucial for candidates as it directly impacts their financial planning and investment in education. In this article, we will explore NMIMS, Mumbai MBA Fees structure, refund policy etc.
NMIMS Mumbai MBA fees 2025
NMIMS, Mumbai charges different fees for its various MBA programs including MBA, MBA HR, MBA Business Analytics, MBA Pharmaceutical Management, MBA Digital Transformation. These programs are two year full time MBA programs to prepare candidates for managerial roles. Following are the fees details for the academic year 2025-2026.
| NMIMS MBA Programs | Fees (1st year fees) (Approx) |
| MBA | INR 12,75,000 |
| MBA HR | INR 12,75,000 |
| MBA Pharmaceutical Management | INR 8,00,000 |
| MBA Business Analytics | INR 11,00,000 |
| MBA Digital Transformation | INR 11,00,000 |
Also Read, NMIMS Mumbai MBA Selection Criteria 2025 PDF, Download Brochure
NMIMS Mumbai Fee Structure
The fee structure at NMIMS, Mumbai can be divided mainly into four components: tuition fees, development fees, other fees and, security deposits. Each of these elements make up the total cost of pursuing an MBA from NMIMS, Mumbai. Understanding this detailed breakdown can help aspirants make an informed decision and plan their finances.
| Particulars | 1st year | 2nd year |
| Tuition Fees | 7,00,000 | 7,00,000 |
| Development Fees | 2,30,000 | 2,30,000 |
| Other Fees | 3,39,000 | 3,44,000 |
| Library Fees | 1000 | - |
| Security Deposit | 5000 | - |
| Total | 12,75,000 | 12,74,000 |
Also Read, NMIMS Cutoff 2025, Check College-wise Cut Off, Brochure PDFs
NMIMS Mumbai Tuition Fees
The tuition fees for the various programs at NMIMS, Mumbai can vary. The tuition fees for MBA and MBA HR programs are INR 7,00,000 for the academic year 2025-2026. This fees include cost of instruction, facilities, and academic resources.
NMIMS Mumbai Hostel Fees
NMIMS provide hostel facility to its students on first-come-first-basis. The hostel charge can range from INR 3,00,000 to INR 5,00,000 for a period of 10 months based on amenities like AC availability. Availing the hostel facility at NMIMS Mumbai is not mandatory.
Also Read, IIM Average Package 2025, Salary Trends, ROI Comparison
NMIMS Mumbai Executive MBA Fees
Executive MBA Program at NMIMS, also known as MBA-NEx is a 2 year program which is held on campus every weekend. The program is made for working professionals to polish their managerial capabilities, expand industry connections, and enhance career growth.
| NMIMS MBA-NEX Program | INR |
| 1st Year | 4,00,000 |
| 2nd Year | 4,00,000 |
| Total NMIMS Mumbai Executive MBA Fees | 8,00,000 |
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NMIMS Mumbai Refund Policy
NMIMS refund the MBA program fees submitted by the candidate in case of Admission withdrawal or cancellation. As per government regulations, NMIMS follows UGC refund policy 2024-25, dated 12th June 2024, bearing the number D.O. No.F.2-7 1t2022 (CPP-Il) (c-1 14s46) in case of refunding of the fees.
The refund is based on Government refund policy, which is mentioned below:
| Category | Percentage of Refund | Time of Withdrawal Notice (relative to admission deadline) |
|---|---|---|
| (1) | 100% | 15 days or more before the formally notified last date of admission |
| (2) | 90% | Less than 15 days before the formally notified last date of admission |
| (3) | 80% | 15 days or less after the formally notified last date of admission |
| (4) | 50% | 30 days or less, but more than 15 days after formally notified last date |
| (5) | 0% | More than 30 days after formally notified last date of admission |
To apply for fee refund, candidates will need to fill the Withdrawal application form to refund the fees - https://upload.nmims.edu/admission/cancellation/. Candidates will also need to generate the following documents as required by the university.
- Cancelled Cheque (having account holders name, either parents or students personal account)
- NMIMS Fee receipt (which you received in PDF format at the time of admission)
Cancellation form (which you have filled in Step 1)
NMIMS Mumbai Scholarships
NMIMS offers a variety of scholarships to students from economically weaker backgrounds. One of the key aid is the Central Sector Scholarship, governed by the UGC PFMS-MHRD Policy 2024–25, which provides financial aid to students who scored above the 80th percentile in Class XII and whose family income is below ₹6 lakh per annum. Eligible undergraduate students receive ₹1,000 per month (up to three years), and postgraduate or professional course students receive ₹2,000 per month during the later years.
In addition to government aid, NMIMS has its own internal scholarships and fee waivers. These include Academic Excellence Scholarships for top performers, support for skill development activities like global immersion and online certifications, academic resources like laptops and books, as well as appreciation awards for sports, cultural and literary achievements. Special scholarships are also available for international students and children of NMIMS staff. For MBA students.
Chancellor’s Scholarship grants ₹2 lakh to high-performing first-year students. Most scholarships are merit-based and require students to maintain academic performance and discipline for continued eligibility.
NMIMS Mumbai MBA fees 2025: Conclusion
In conclusion, NMIMS Mumbai remains a top choice among the MBA aspirants despite its relatively high cost of tuition. For the 2025 intake, the fee structure of NMIMS Mumbai various MBA programs reflects the institute’s commitment to deliver world-class education, strong industry exposure, and exceptional placement opportunities. Base on the fee data present in this article, candidates can take an informed decisions.
