NMIMS Mumbai Placements 2024: Average & Highest Package, Course-wise Cut-off and more
The NMIMS Mumbai Placements Report for 2024 offers a detailed overview of the placement landscape across various programs, highlighting significant changes from the previous year.
This report summarize the highest and average packages for different courses, including MBA Core, MBA HR, and MBA Tech. It provides valuable insights into the evolving trends in compensation, recruiter engagement, and sector-specific opportunities.
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NMIMS Mumbai Placements Report 2024-2023: Highlights
The NMIMS Mumbai Placement Report for 2024 reveals key trends and shifts compared to 2023 across various programs. The highest packages for MBA Core saw a slight decrease from INR 67.80 LPA to INR 67.70 LPA, while the MBA Tech program saw an increase from INR 22.40 LPA to INR 26.49 LPA.
Average packages also adjusted, with MBA Core dropping from INR 26.63 LPA to INR 25.13 LPA and MBA HR decreasing from INR 19.56 LPA to INR 18.64 LPA. Median packages remained stable for MBA Tech, but notable changes occurred in the top percentile packages. The total number of recruiters increased significantly across all programs, reflecting the institute’s growing industry presence. The proportion of PPOs (Pre-Placement Offers) remained relatively steady, indicating consistent student performance and employer confidence.
The key highlights of NMIMS Mumbai Placements 2023 for the various courses offered in different Schools of Mumbai are tabulated below:
| Particulars | Placement Statistics (2024) | |
| MBA Core | MBA HR | |
| Highest package | – INR 67.70 LPA (MBA Core)
– INR 26.49 LPA (MBA Tech) – INR 21 LPA (BPharma+MBA) – INR 13.20 LPA (MPharma+MBA) |
– INR 25.02 LPA (MBA HR) |
| Average package | – INR 25.13 LPA (MBA Core)
– INR 10.70 LPA (MBA Tech) – INR 9 LPA (BPharma+MBA/ MPharma+MBA) – INR 7.50 LPA (MPharma+MBA) |
– INR 18.64 LPA (MBA HR) |
| Median package | – INR 10.20 LPA (MBA Tech) | |
| Top 10% package | – INR 40.60 LPA (MBA Core)
– INR 12.10 LPA (MPharma+MBA) |
– INR 24.67 LPA (MBA HR) |
| Top 15% package | N/A | |
| Top 20% package | – INR 37.10 LPA (MBA Core)
– INR 10.30 LPA (MPharma+MBA) |
– INR 22.95 LPA (MBA HR) |
| Top 25% package | N/A | |
| Top 30% package | – INR 34.40 LPA (MBA Core) | – INR 22 LPA (MBA HR) |
| Top 40% package | – INR 32.10 LPA (MBA Core) | – INR 21.50 LPA (MBA HR) |
| Total recruiters | – 168 (MBA Core)
– 122 (MBA Tech) |
– 46 (MBA HR) |
| New recruiters | – 72 (MBA Core)
– 35 (MBA Tech) |
– 21 (MBA HR) |
| Fortune 500 recruiters | – 68 (MBA Core) | – 23 (MBA HR) |
| PPOs received | – 37% (MBA Core) | – 27% (MBA HR) |
Know more: Management Development Institute (MDI) placements report 2024
NMIMS Mumbai Placements Report 2024: Highlights
The SBM NMIMS Placement Report for 2024 highlights notable trends for the MBA Core program. The highest package offered remained nearly unchanged, with a slight decrease from INR 67.8 LPA in 2023 to INR 67.7 LPA in 2024. However, the average package saw a decrease from INR 26.63 LPA to INR 25.13 LPA.
The number of total recruiters increased significantly from 148 to 168, including 72 new recruiters, which suggests a broader industry engagement and more opportunities for students. The percentage of the batch receiving Pre-Placement Offers (PPOs) saw a marginal increase from 36% to 37%, reflecting a slight improvement in the proportion of students securing offers before the formal placement process.
| Particulars | MBA Core Placement Statistics (2023) | MBA Core Placement Statistics (2024) |
| Highest package | INR 67.8 LPA (International) | INR 67.7 LPA |
| Average package | INR 26.63 LPA | INR 25.13 LPA |
| Total recruiters | 148 (52 new recruiters) | 168 (72 new recruiters) |
| Batch placed through PPOs | 36% | 37% |
Know more: Tata Institute of Social Sciences, Mumbai placements report 2024
NMIMS Mumbai Placements Average Package 2023
In 2023, NMIMS Mumbai reported varying average packages across its diverse programs, with the MBA Core course commanding the highest average salary at INR 26.63 LPA. This figure highlights the premium value of the MBA Core degree in the job market. In contrast, the MBA HR program had an average package of INR 19.56 LPA, reflecting its vital, but slightly lower market demand.
The MBA Tech course offered an average package of INR 10.55 LPA, indicating a solid but lower earning potential than the core MBA. Meanwhile, the MSc Economics and BSc Economics programs reported average packages of INR 9.32 LPA and INR 7.64 LPA, respectively, showcasing their more modest salary expectations compared to the MBA programs.
The University has released the average package details for various courses. The 2023 highest average package was recorded for the MBA Core course, which stood at INR 26.63 LPA.
| Course | Average Package (2023) |
| MBA Core | INR 26.63 LPA |
| MBA HR | INR 19.56 LPA |
| MBA Tech | INR 10.55 LPA |
| MSc Economics | INR 9.32 LPA |
| BSc Economics | INR 7.64 LPA |
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Conclusion
The 2024 placement data for NMIMS Mumbai reflects a dynamic and competitive job market, with notable variations in package offerings across different programs. While the highest packages have remained robust, average compensation figures exhibit a mixed trend, indicating both stability and areas for growth. The increased number of recruiters and significant involvement of new companies underscore the institute’s expanding industry connections and its continued appeal among top employers.
Disclaimer: The information, statistics, and data contained herein are produced, processed, compiled, and based on various sources from the public domain believed to be reliable to the best of our knowledge. These details have been disseminated for reference purposes only and IMS makes no warranties or representations whatsoever regarding the quality, content, suitability, completeness, adequacy, accuracy or timeliness of such information, placement report, and data. Readers are further advised to procure information from the official websites of the respective Universities/institutes/ Business Schools etc.