NMIMS Placement Shocking Numbers: Highest & Average Package Higher Than IIMs – Full Data Inside!

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NMIMS Placement Shocking Numbers: Highest & Average Package higher than IIMs - Full Data Inside!
NMIMS Placement Shocking Numbers: Highest & Average Package higher than IIMs - Full Data Inside!

NMIMS Mumbai is one of the top MBA colleges in India, often hailed as one of the top non-IIMs to crack with the NMAT exam. Aside from competing with a number of top MBA schools, it also puts new and baby IIMs to the test in terms of placement and overall experience. In 2024, NMIMS Placement breaks records with its placement figures in MBA Core and MBA HR programs. NMIMS average salary stands at 25.13 LPA in the MBA Core program and NMIMS Average Salary stands at 18.64 LPA in the MBA HR program. An astounding number for all aspirants since this is a figure many new and baby IIMs have missed. Moreover, this year was made special with the top 10% of the batch scoring an average package of 40.60 LPA. More importantly, NMIMS highest package was 67.70 LPA in the recent placement. 

The most number of job offers were made by BFSI and Conglomerate companies. Even when looking at roles, an excellent placement record can be seen marking the biggest comeback of NMIMS in terms of placement season 2024. 

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NMIMS Placement Highlights 2024

This year, the NMIMS Core MBA program set new benchmarks alongside the MBA HR program. Despite an average batch age of 23.8 and 23.4 years, respectively, these young professionals secured high-paying jobs with 26 and 21.5 months of work experience. A remarkable achievement that many institutes find challenging. Notably, job role diversification has expanded beyond BFSI to include coveted consulting roles. Placements were seamless, with firms extending numerous PPOs—37% for the MBA Core batch and 27% for the MBA HR batch before the formal placement process.

These numbers not only reflect the institute’s growth among top recruiters but it also shows the efforts made by NMIMS to align its curriculum with the industry standards. The placement stats witnessed the opportunities and the performance. NMIMS is considered to be a premiere institute in India. From Finance to Product Management and even different international roles provide career opportunities.

ParametersMBA Core ProgramMBA HR Program
Average Age of Students23.8 years23.4 years
Average Work Experience26 months21.5 months
Highest PackageRs 67.70 LPARs 25.02 LPA
Average PackageRs 25.13 LPARs 18.64 LPA
Top 10% Average PackageRs 40.60 LPARs 24.67 LPA
PPOs Offered37%27%
Key Hiring DomainsFinance, Consulting, Product Mgmt, International RolesHRBP, Talent Management, Analytics
Notable RecruitersMcKinsey, Bain, JP Morgan, HDFC, Aditya BirlaEY, Reliance, Capgemini, Infosys

NMIMS MBA Placement – Core MBA (2024)

ParticularsCTC (Lakhs Per Annum)
NMIMS Highest Placement Package67.70 LPA
NMIMS Average Placement Package25.13 LPA
NMIMS Top 40% Average Package32.10 LPA
NMIMS Top 30% Average Package34.40 LPA
NMIMS Top 20% Average Package37.10 LPA
NMIMS Top 10% Average Package40.60 LPA

NMIMS Highest Placement – Core MBA: Job Function-Wise

ParticularsCTC (Lakhs Per Annum)
Finance31.20 LPA
General Management (International)61.39 LPA
Marketing67.70 LPA
Operations and Data Science31.38 LPA

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NMIMS Placement – Core MBA: Industry-Wise

ParticularsPercentage of the Batch Accepted Industry Roles
BFSI33%
Conglomerate, Manufacturing, Power, Oil & Gas, Aviation11%
Start-up, Logistics & E-commerce6%
FMCG, FMCD & Retail17%
IT/Analytics, Pharmaceuticals, Media & Telecom, Real Estate14%
Consulting19%

NMIMS Placement Companies and Roles (MBA Core)

This placement season notable recruiters appeared hiring for different domains. A list is given below according to different job function-wise hiring in the MBA Core program:

NMIMS Top Recruiters – MBA Core

Aditya Birla CapitalAmerican ExpressGoldman Sachs
Bank of AmericaBarclaysHDFC Bank
Indus Valley PartnersJP MorganTATA Neo
HSBCAdaniBosch
Air IndiaTVSMahindra
PiramalMaruti SuzukiAccenture
AvalonBain & CompanyMcKinsey & Company
EYKPMGCognizant
Asian PaintsBajaj Britannia
GodrejL’OREALSamsung

Job Roles offered at NMIMS – MBA Core

Solution ManagerProduct ManagerRisk Manager
Investment AnalystMarket ResearcherBusiness Consultant
General ManagementRetail FinanceBusiness Development
Commercial LeasingCorporate Strategy & AnalyticsManagement Consultant
Strategy ConsultantTechnology Consultant AnalystFinancial Consultant
Project SalesRetail SalesMLE Sales
Digital MarketingProduct ManagerSales Officer 

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NMIMS MBA HR Program Placement (2024)

ParticularsCTC (Lakhs Per Annum)
NMIMS HR Highest Placement Package25.02 LPA
NMIMS HR Average Placement Package18.64 LPA
NMIMS HR Top 40% Average Package21.50 LPA
NMIMS HR Top 30% Average Package22.00 LPA
NMIMS HR Top 20% Average Package22.95 LPA
NMIMS HR Top 10% Average Package24.67 LPA

NMIMS MBA Core Program Placement: Industry-Wise

ParticularsPercentage of the Batch Accepted Industry Roles
BFSI31%
Conglomerate, Manufacturing, Power, Oil & Gas, Aviation27%
Start-up, Logistics & E-commerce5%
FMCG, FMCD & Retail5%
IT/Analytics, Pharmaceuticals, Media & Telecom, Real Estate19%
Consulting13%

NMIMS Placement Companies and Roles (MBA HR)

NMIMS Top Recruiters – MBA HR

CiplaIndigoAngel One
Air IndiaCapgeminiHDFC
EYL&TReliance
KotakTATAAditya Birla
AdaniMorgan StanleyInfosys

Job Roles Offered at NMIMS – MBA HR

HR Development PartnerHR ConsultantRecruiter
Corporate HRTalent Growth AnalystSenior Research Analyst

In this section we are discussing about the NMIMS placement trends over the years including the highest package, average package in LPA, top recruiters and what are the PPOs offered in %.

YearHighest Package (LPA)Average Package (LPA)Top 10% Avg (LPA)Top RecruitersPPOs Offered (%)
2024Rs 67.70Rs 25.13Rs 40.60Bain, McKinsey, JP Morgan37%
2023Rs 57.65Rs 23.07Rs 36.80EY, ICICI, Asian Paints32%
2022Rs 42.00Rs 21.09Rs 34.20HDFC, KPMG, Cognizant28%
2021Rs 38.57Rs 18.45Rs 31.70Deloitte, Britannia, Capgemini24%
2020Rs 38.57Rs 17.58Rs 29.40Infosys, Tata Capital20%

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FAQs

Does NMIMS have good placements?

Yes, NMIMS has good placements. NMIMS Average Salary stands at 25.13 LPA in the MBA Core program and NMIMS Average Salary stands at 18.64 LPA in the MBA HR program.

What is the highest salary in NMIMS?

NMIMS Highest Package was 67.70 LPA in the recent placement of 2024 in the MBA Core Program.

How does NMIMS placement compare to IIMs?

NMIMS Mumbai placement has outperformed many new and baby IIMs. As per the reports the average NMIMS MBA package is 25.13 LPA.

Does NMIMS placement offer PPO?

Yes NMIMS have a strong PPO culture. Many candidates have received PPOs from their summer internships.

Which companies visits NMIMS for MBA HR placements?

There are several companies visits NMIMS for MBA HR placements which includes EY, L&T, Tata, Aditya Birla and many more.

How diversified are the job roles at NMIMS?

It includes Finance, Marketing, Operations, Strategy, Consulting, Product Management and HR.