Narsee Monjee Institute of Management Studies (NMIMS), Mumbai, reports placements separately for its academic schools because each school has its own recruiter mix and salary outcomes. For the Mukesh Patel School of Technology Management and Engineering (MPSTME), the 2025-26 final placement season brought 90 companies to campus. BTech students received an average package of INR 8.03 LPA and a highest package of INR 19.75 LPA. The five-year MBA Tech batch recorded an average package of INR 12.02 LPA and a highest package of INR 28.38 LPA.
The School of Business Management (SBM) has completed its 2024-25 placement cycle for its main MBA programs. MBA Core closed the season with a 96% placement rate, an average CTC of INR 26.63 LPA, and a highest CTC of INR 67.80 LPA, with 190 companies taking part. MBA HR recorded an average CTC of INR 19.56 LPA and a 90% placement rate in the same cycle.
NMIMS Mumbai Placement Highlights
| Program | Cycle | Average CTC | Highest CTC | Placement Rate |
|---|---|---|---|---|
| MBA Core (SBM) | 2024-25 | INR 26.63 LPA | INR 67.80 LPA | 96% |
| MBA Core (SBM) | 2023-24 | INR 25.13 LPA | INR 67.70 LPA | - |
| MBA HR (SBM) | 2024-25 | INR 19.56 LPA | - | 90% |
| MBA HR (SBM) | 2023-24 | INR 18.64 LPA | INR 25.02 LPA | 90% |
| MBA Tech (MPSTME) | 2025-26 | INR 12.02 LPA | INR 28.38 LPA | - |
| MBA Tech (MPSTME) | 2024-25 | INR 11.50 LPA | INR 27 LPA | - |
| BTech (MPSTME) | 2025-26 | INR 8.03 LPA | INR 19.75 LPA | - |
| BTech (MPSTME) | 2023-24 | INR 9.15 LPA | INR 22.24 LPA | - |
NMIMS SBM MBA Core Placements
SBM NMIMS Mumbai reported strong MBA Core placement results in the latest two cycles. In 2024-25, the batch received an average CTC of INR 26.63 LPA and a highest CTC of INR 67.80 LPA. More than 190 companies joined the process, and the program reached a 96% placement rate.
The 2023-24 MBA Core season had wider disclosed details. A total of 214 companies recruited from the batch, including 68 Fortune 500 organisations and 72 first-time recruiters. Pre-Placement Offers, which are job offers made after internships, formed 37% of the batch placements. FMCG and Retail recorded the strongest PPO conversion at 57%.
| Particulars | 2024-25 | 2023-24 |
|---|---|---|
| Average CTC | INR 26.63 LPA | INR 25.13 LPA |
| Highest CTC | INR 67.80 LPA | INR 67.70 LPA |
| Top 10% Average | - | INR 40.60 LPA |
| Top 20% Average | - | INR 37.10 LPA |
| Top 30% Average | - | INR 34.40 LPA |
| PPO Share | - | 37% |
| Companies Participated | 190+ | 214 |
| Placement Rate | 96% | - |
Sector-wise Distribution for MBA Core 2023-24
In MBA Core placements for 2023-24, BFSI hired the largest share of students at 33%. Consulting came next with 19%, while FMCG and Retail accounted for 17% of the batch.
| Sector | Batch Share | PPO Conversion |
|---|---|---|
| BFSI | 33% | 41% |
| Consulting | 19% | 38% |
| FMCG and Retail | 17% | 57% |
| IT, Analytics and Pharma | 14% | 24% |
| Conglomerates and Manufacturing | 11% | 33% |
| Startups and Logistics | 6% | - |
NMIMS SBM MBA HR Placements
MBA HR at SBM NMIMS Mumbai kept the same placement rate in the latest two reported cycles. The program placed 90% of the batch in 2024-25 and again in 2023-24. The average CTC improved to INR 19.56 LPA in 2024-25 from INR 18.64 LPA in 2023-24.
For the 2023-24 MBA HR placement season, 223 companies participated. PPOs made up 27% of the batch placements, and the highest CTC stood at INR 25.02 LPA.
| Particulars | 2024-25 | 2023-24 |
|---|---|---|
| Average CTC | INR 19.56 LPA | INR 18.64 LPA |
| Highest CTC | - | INR 25.02 LPA |
| Top 10% Average | - | INR 24.67 LPA |
| Top 20% Average | - | INR 22.00 LPA |
| PPO Share | - | 27% |
| Placement Rate | 90% | 90% |
| Companies Participated | - | 223 |
NMIMS MPSTME MBA Tech and BTech Placements
MPSTME offers both the five-year integrated MBA Tech program and the four-year BTech program. Placement data for 2025-26 is available for both. MBA Tech recorded an average package of INR 12.02 LPA, a highest package of INR 28.38 LPA, and a median package of INR 10.50 LPA. BTech recorded an average package of INR 8.03 LPA and a highest package of INR 19.75 LPA.
The 2025-26 MPSTME offers were grouped into 316 Niche offers, 146 Dream offers, and 70 Elite offers. Higher-value hiring was mainly seen in Artificial Intelligence, Data Science, Cybersecurity, and Cloud Engineering. Across reported cycles, MBA Tech has stayed ahead of BTech in both average and highest packages, showing the added value of its management component. Its average package increased by INR 1.32 LPA, moving from INR 10.70 LPA in 2023-24 to INR 12.02 LPA in 2025-26.
| Program | 2025-26 Avg | 2025-26 Highest | 2024-25 Avg | 2024-25 Highest | 2023-24 Avg | 2023-24 Highest |
|---|---|---|---|---|---|---|
| MBA Tech | INR 12.02 LPA | INR 28.38 LPA | INR 11.50 LPA | INR 27 LPA | INR 10.70 LPA | INR 26.29 LPA |
| BTech | INR 8.03 LPA | INR 19.75 LPA | - | - | INR 9.15 LPA | INR 22.24 LPA |
Top Recruiters at NMIMS Mumbai
NMIMS Mumbai receives placement participation from consulting, BFSI, technology, FMCG, core industry, and logistics recruiters. SBM sees stronger participation from consulting and BFSI companies, while MPSTME has a larger technology hiring presence.
| Sector | Recruiters |
|---|---|
| Consulting | McKinsey and Company, Bain and Company, EY, KPMG, Deloitte, Accenture |
| BFSI | Goldman Sachs, Wells Fargo, CRISIL, ICICI Bank, American Express, Aditya Birla Capital |
| Technology | Google, Microsoft, IBM, Oracle, Palo Alto Networks, Cognizant |
| FMCG and Retail | ITC, Britannia, Whirlpool, Pidilite, Mahindra Rise |
| Conglomerates and Industry | Adani Group, Bajaj Group, Tata Steel, Dr Reddy’s, Wipro |
| Logistics | Delhivery |
NMIMS Mumbai Placement FAQs
Ques. What is the salary difference between MBA Core and MBA HR placements at NMIMS SBM?
Ans. MBA Core had a higher average CTC in 2024-25 at INR 26.63 LPA, while MBA HR reported INR 19.56 LPA. For highest CTC, MBA Core reached INR 67.80 LPA in 2024-25. MBA HR last disclosed this figure in 2023-24, when the highest CTC was INR 25.02 LPA. Both programs crossed a 90% placement rate, but MBA Core gets wider consulting and BFSI hiring, which supports its higher average.
Ques. Which sector recruits the highest number of MBA Core students from NMIMS SBM?
Ans. BFSI was the top hiring sector for MBA Core in 2023-24, with 33% of the batch joining the sector. Consulting followed with 19%, and FMCG and Retail hired 17%. BFSI also had a 41% PPO conversion rate, which shows that many internship offers were changed into final job offers.
Ques. What share of NMIMS SBM students get Pre-Placement Offers?
Ans. In 2023-24, PPOs covered 37% of the MBA Core batch and 27% of the MBA HR batch. For MBA Core, FMCG and Retail had the highest PPO conversion at 57%. PPO numbers may change each year based on student internship performance and company hiring plans.
Ques. How are BTech and MBA Tech placements different at NMIMS MPSTME?
Ans. For the class of 2026, MBA Tech reported an average package of INR 12.02 LPA and a highest package of INR 28.38 LPA. BTech reported an average package of INR 8.03 LPA and a highest package of INR 19.75 LPA. MBA Tech has higher packages because the program prepares students for roles that need both engineering and management skills, mainly in consulting, analytics, and product management.
Ques. Has the MBA Tech average package at NMIMS MPSTME increased in recent years?
Ans. Yes. The MBA Tech average package rose from INR 10.70 LPA for the class of 2024 to INR 11.50 LPA for the class of 2025 and INR 12.02 LPA for the class of 2026. The highest package also increased from INR 26.29 LPA to INR 28.38 LPA in the same period, with stronger demand in Artificial Intelligence, Data Science, and Cloud Engineering roles.
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