NMIMS Mumbai Placements 2023: Highest & Average Salary Package, Top Companies

Maimil Maiti

Updated on - Jun 11, 2024

NMIMS Mumbai placements 2023 has been concluded successfully. During 2023 placements the NMIMS Mumbai highest package was recorded as INR 67.80 LPA. This is an international offer and was offered to students of the MBA-Core (General Management) program. Around 36% of MBA Core students and 25% of MBA HR students were able to secure PPOs in 2023.

A total of 199 companies have participated in the MBA-Core and MBA HR placement drives of 2023. Reputed companies like Aditya Birla Capital, American Express, DE Shaw and Co., Bank of America, JP Morgan Chase and Co., Goldman Sachs, Reliance Industries Limited, Ernst and Young, McKinsey and Company, etc., are some of the NMIMS Mumbai top recruiters.

Along with the final Narsee Monjee Institute of Management Studies Mumbai placements, the placement cell also organises internship drives for students. A total of 164 companies participated and offered the highest stipend of INR 4 Lakhs per month.

Table of Contents

• Placement Highlights
• Top Recruiters
• Placement Statistics
• Placement Cell
• Placement Process
• Internship
• Internship Statistics

NMIMS Mumbai Placement Highlights 2023

NMIMS Mumbai is one of the top universities in India and thus ensures exemplary placement records to maintain the ranking. The NMIMS Mumbai average package offered for MBA-Core and MBA-HR students was INR 26.63 LPA and INR 19.56 LPA, respectively. More than 100 Fortune 500 companies have participated and recruited students during the NMIMS Mumbai placement drive of 2023.

Some of the key highlights for NMIMS Mumbai placements 2023 are tabulated below.

NMIMS Mumbai Top Recruiters

NMIMS Mumbai placements 2023 saw the participation of over 76 first-time recruiters. Some of NMIMS Mumbai top recruiters visiting the campus during placements are listed below.

NMIMS Mumbai Placement Statistics

The Narsee Monjee Institute of Management Studies placement statistics have constantly been rising yearly, with higher salaries being offered and more recruiters joining the recruitment drive. The placements for the year 2023 have been completed and statistics, such as NMIMS Mumbai salary trends, average packages, other top recruiter details, etc., are given below.

NMIMS Mumbai Average Packages 2023

The average package of the top 10% of MBA-Core and MBA-HR students was INR 40.41 LPA and INR 25.64 LPA, respectively. The NMIMS University Mumbai placement statistics of the average packages offered for the MBA-Core and MBA-HR courses are tabulated below.

MBA-Core

MBA-HR

NMIMS Mumbai Year-wise Placements

NMIMS Mumbai placement statistics in 2023 have improved tremendously compared to previous years. Refer to the table below for a detailed comparison of the NMIMS Mumbai placements for the MBA course over the past four years (2020 to 2023).

MBA-Core

MBA-HR

NMIMS Mumbai Salary Trend - Highest Package

As per the NMIMS Mumbai placement report 2023, an admirable year-on-year increase of 17.60% in the highest salary of the MBA-Core course was observed.

The graph below exhibits the highest salary package trend of MBA-Core and MBA-HR courses during NMIMS Mumbai placements for the past four years (2020 to 2023).

NMIMS Mumbai Domain-Wise Highest Package Statistics

During NMIMS Mumbai placements 2023, students from the General Management domain secured the highest package of 2023, INR 67.80 LPA. Statistics of the NMIMS Mumbai highest packages offered for students of different domains are tabulated below.

NMIMS Mumbai Sector-Wise Placement Statistics 2023

Companies from various domains participate in Narsee Monjee Institute of Management Studies placements. Deserving students are offered employment opportunities in various sectors of the corporate industry.

The table below exhibits the sector-wise NMIMS Mumbai placement statistics of MBA-Core and MBA-HR courses during 2023 placements.

MBA-Core

MBA-HR

NMIMS Mumbai Alumni Statistics

NMIMS Mumbai is known for its flagship two-year MBA course. Over the years, the institute has witnessed several students placed in various reputed organisations. The placement trends for the alumni of NMIMS Mumbai are displayed in the table below.

NMIMS Mumbai Other Top Recruiters

Refer to the table below for other top recruiters participating in the Narsee Monjee Institute of Management Studies placements 2023.

NMIMS Mumbai Placement Cell

NMIMS Mumbai placement cell provides frequent training sessions in logical reasoning, soft skills, verbal ability tests, etc., which help students in final placements. The team maintains good corporate relations across companies to help students land jobs with attractive offers during final placements. 

The NMIMS University Mumbai placement cell also organises various programs like guest lectures, live projects, and summer internships to enhance students' skills and prepare them for upcoming challenges in the professional world. 

NMIMS Mumbai Placement Process

The steps for conducting the annual NMIMS Mumbai recruitment drive are described below.

• The NMIMS Mumbai placement cell sends invitations and other necessary details of the students to the intended organisations.
• The employers must fill out and send back the job application sent by the NMIMS Mumbai placements team to recruit students.
• Pre-placement discussions are organised on specific days in the college. The lectures are scheduled once the institute and the firms' negotiations are finalised.
• Interested students are asked to apply for the organisations participating in the NMIMS Mumbai placements 2023. 
• The job descriptions, CTC offered, and other relevant information are shared with the students who sit for the selection process.
• The recruiting organisations visit the campus on appointed days to recruit eligible candidates through several rounds of aptitude examinations, group discussions, and interviews.
• Selected candidates are offered the roles along with the offer letters through the NMIMS Mumbai placement cell.

NMIMS Mumbai Internship

Internships are an integral part of the NMIMS Mumbai curriculum. Students are encouraged to take up internships to gain real-world corporate industry experience. Several students land a PPO offer during their internship tenure. 

The NMIMS Mumbai highest stipend offered to MBA-Core and MBA-HR courses in 2023 was INR 4.00 Lakhs per month and INR 3.00 Lakhs per month, respectively. Similarly, the NMIMS Mumbai average stipend was INR 2 Lakhs per month and INR 1.42 Lakhs per month.

Given below are some of the highlights of the NMIMS Mumbai internship drive of 2023 for the 2022- 2024 batch.

NMIMS Mumbai Internship Statistics 2023

Statistics like average stipends, sector-wise internships, recruiters list, etc., during the Narsee Monjee Institute of Management Studies Mumbai internship drive of 2023 are given below.

NMIMS Mumbai Average Stipends 2023

The average stipend of the Top 50 students in 2023 was INR 3.50 Lakhs per month for the MBA-Core course and INR 2.58 Lakhs per month for the MBA-HR course. The table below shows the average stipends of various categories of students during the NMIMS Mumbai internship in 2023.

NMIMS Mumbai Sector-wise Internship Statistics 2023

Companies from the BFSI sector recruited 28 MBA-Core and 23 MBA-HR students in 2023. The graphs below show statistics of the sector-wise internships during the NMIMS Mumbai internship drive of 2023.

MBA-Core

MBA-HR

NMIMS Mumbai Internship Recruiters 2023

A total of 164 companies, of which 77 were new recruiters, participated in the internship drive of the 2022- 24 batch. The list of some of the companies participating in NMIMS University Mumbai internship drives is tabulated below.