NMIMS Mumbai Scholarship: Check Eligibility, Amount, and Benefits

Fees & Scholarships :

Fees & Scholarships : Narsee Monjee Institute of Management Studies, [NMIMS] Mumbai Fee Structure. The fee for my B.Sc Finance course is Rs 2,83,000 per year. The scholarship facility at NMIMS isn't very good. There isn't much on the scholarship front. If the income of the family is less than 2 lakhs per year, then I feel that loans are needed to pay the fees. 

Entrance Exams & Admissions : I'm currently studying in my 3rd year of B.Sc Finance. Initially, to join the course I had to take the entrance exam NPAT which is specifically designed for students who want to enroll themselves inNMIMS. The NPAT has 3 important sections: Proficiency in English, Quantitative Ability (Mathematics), and Logical Reasoning. The entrance exam has approximately 40 questions. The cutoffs are not specified but the percentage should be about 75% and above. Since I'm a B.Sc Finance student it is important for students studying in the commerce stream to be Maths students. The admission procedure is quite simple once you have cleared the entrance. After the results of NPAT, an email will be sent to you with your results score and if you have been accepted by the university with a 3-day time for a decision.

Placements & Internships : In NMIMS, you are required to do an internship after completing your 2nd year in the course. The college has an excellent placement committee that helps students get placements. The university also allows pursuing internships with the help of your own connections. This has greatly helped the students the flexibility to choose from various options. The university has had a lot of key companies coming in to recruit students from this college. We have had KPMG, Airtel, Capstone securities, ICICI securities, JP Morgan, TATA Capital, etc. The average salary is at 10 LPA for undergraduate studies. For an MBA student, the average salary is at 17.97 LPA and the highest for the same is 30.37 LPA (2019). The college has always strived to get 100% placement for students in renowned companies. The alumni network of the university is fairly good. You can connect with most of the NMIMS alumni on LinkedIn.

Academics & Faculty : NMIMS is known for its ability to maintain discipline. The college values punctuality as one of the most important morals to become a great leader in today's world. Since I'm studying at the Bengaluru campus, the college starts at 7:30 am and finishes at 1:30 pm from Monday to Saturday. The academic year is divided into 2 semesters at the end of which there is an examination. The semester begins in July-November and December-April. The course is divided into Internal assessment and external assessment. The Internal assessment consists of assignments and projects of 50 marks. The External assessment consists of an End-Term examination of 50 marks. The quality and method of teaching at the university is excellent. The teachers have created an interactive learning environment and have given us projects that align with the problems faced in the real-time world. The overall experience in the college has been very enlightening and inspiring. The competitiveness harnessed among the students has helped me develop my inner sense of creativity and understanding of the subject being learned.

College Infrastructure & Hostel Facilities : The Bengaluru campus of NMIMS is astounding. The college is equipped with all the necessary gadgets. The classrooms are air-conditioned and have digital as well as whiteboards. The Wi-Fi connection is excellent and students are given easy access to learning. The Bengaluru campus has one boy's hostel and two girl's hostel. The hostel fees are quite exorbitant so most of the students opt-in for a PG. There are many PGs near the college and transportation is easy to access. The college has it's own buses as well for the students. The food in college is good. A lot of snacks/meals are provided in the price range of Rs.30-70. 

Clubs & Associations : The college has 4 Clubs and 4 committees to promote co-curricular activities in the college. These clubs and committees conduct activities throughout the year. We have the Finance club, Entrepreneurship club, Economics club, and Sports club. We also have the literary committee, Marketing committee, CSR committee (known as CRY). We also have the main fest AURA usually held in February-March. This is an inter-college festival where a lot of universities such as Christ University have been known to take part in. The college has also established associations with foreign universities to help the students in experiencing learning abroad. College life, in general, is mostly focused on academics. We have a lot of group projects that help us build our skills through teamwork and develop connections with various people. Our college conducts a lot of seminars with people working in the industry to give us an insight into the business world.