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Benefits of NMIMS Online MBA: Understanding Key Highlights, Eligibility Criteria, Fees and More.

Benefits of NMIMS Online MBA: Understanding Key Highlights, Eligibility Criteria, Fees and More.

If you want to enhance your leadership and management career, consider an NMIMS online MBA. This programme offers students a flexible mode of study, career advancement, case studies, industry-based learning, and more. 

The NMIMS university has a 42-year legacy, with 800+ faculty members fostering quality education. In this blog, we will discuss the benefits of NMIMS online MBA and other parameters in detail.

NMIMS Online MBA is a well-regarded course that helps students and working professionals enhance their knowledge and skills to enter business leadership and managerial roles. The university was established in 1981, and by 2003, it had been awarded the deemed-to-be university status. 

There are multiple benefits of NMIMS online MBA, which offers an industry-based course curriculum and a top job profile with high-paying salary packages. Choosing NMIMS, an online MBA, will craft your journey and help you build a successful business career.

NMIMS Online MBA: Key Highlights

Here are the key highlights of the NMIMS online MBA programme to consider.

Key Programme me Highlights

Details 

University Name 

Narsee Monjee Institute of Management Studies

Programme me Name 

NMIMS Online MBA

Course Mode

Online 

Duration

2 Years

Eligibility Criteria

Graduation in any discipline with 50% of minimum marks and 45% of marks for reserved categories.

Popular Specialisation

  • Business Management
  • Financial Management
  • Human Resource Management
  • Marketing Management
  • Operations and Data Science Management

NMIMS Online MBA Fees

₹ 1,05,000

Learning Approach

Live sessions with self-paced learning.

Flexibility

NMIMS online MBA makes learning interesting by making it convenient to study anytime and anywhere without hindering other commitments.

Placement Assistance

NMIMS online MBA offers career counselling and connects you with industrial experts.

Please Note: The fees given above are subject to change and depend on the university and course chosen.

NMIMS Key Accreditations of NMIMS Online MBA Programme

Let’s understand the key accreditation of the online MBA programme from NMIMS University.

Accreditations

Details

UGC-DEB

University Grant Commission-Distance Education Bureau

NAAC A+

National Assessment and Accreditation Council

NIRF

The National Institutional Ranking Framework for NMIMS Mumbai has ranked 84th overall. 

Benefits of NMIMS Online MBA Programme

Here are the key benefits of an NMIMS online MBA that you should understand thoroughly.

  1. Category 1: NMIMS University is declared as category 1 by MHRD.

     

  2. NAAC Rating: The online MBA course is accredited A+ by NAAC with a 3.9 CGPA.

     

  3. UGC Grade: Among the benefits of NMIMS online MBA, it is among the few universities declared by UGC to have category 1 status grade autonomy.

     

  4. Technology: The NMIMS web portal is also available as a mobile app, which enables students to experience the culture of learning from anywhere. If you are considering a mobile app, it is available for Android and iOS devices.

     

  5. Career Service: The benefits of NMIMS online MBA are that it offers students access to leading startups and corporate experience to enhance their careers. It also conducts sessions with industry leaders to help students flourish in the future and build a successful business path.

     

  6. Guides in Upskilling While Gaining Experience: When you invest in an online MBA programme from a renowned university like NMIMS, you truly benefitted, as you don’t have to give up your work commitment. 

The benefits of NMIMS online MBA are that you learn industry trends, which give your assignments opportunities to upskill your talent. These skills include people relations, project management, and goal planning. 

These skills also help you get a potential job with a high-paying salary in the business organisational sector.

  1. Improves your Promotion and Career Prospect: Everyone wants to upgrade to a higher career position after working in the same job roles. However, higher roles demand primarily management skills in goal setting, meeting deadlines on time, and planning and executing the bigger picture. If you seek a job promotion, you must have a specific MBA with some management experience and knowledge.

     

  2. NMIMS ODL Market is Rising and Promising: The benefit of NMIMS’s online MBA is that it is offered in Open and Distance learning (ODL), which has recently become well-known in India and globally. Due to the pandemic, businesses and people started noticing the benefits offered by the Internet. 

According to Business Wire, the value of the digital education market in India rose to INR 91.41 billion in 2020 and is forecasted to reach INR 325.48 billion by 2026.

Other Popular Specialisation Offered at NMIMS University

The popular specialisation offered at NMIMS University is given below.

  1. Business Management
  2. Financial Management
  3. Human Resource Management
  4. Marketing Management
  5. Operations and Data Science Management

Exploring NMIMS Online MBA Programme me Structure

Here is the Programme structure offered at NMIMS online MBA 

Semester-Wise Programme  Structure:
Let’s understand the semester-wise Programme structure offered at NMIMS University.

Programme  Structure

Details

Semester 1

  • Business Communication
  • Financial Accounting
  • Micro Economics and Macro Economics
  • Organisational Behaviour
  • Marketing Management
  • Quantitative Methods-I

Semester 2

  • Cost and Management Accounting
  • Human Resource Management
  • Strategic Management
  • Business Analytics
  • Legal Aspects of Business
  • Operations Management

Semester 3

  • Corporate Finance
  • Research Methodology
  • Project Part I
  • Elective 1
  • Elective 2
  • Elective 3
  • Elective 4

Semester 4

  • Indian Ethos and Ethics
  • Corporate Sustainability
  • International Business
  • Project Part II
  • Elective 5
  • Elective 6
  • Elective 7


Elective- Wise Programme  Structure:

Below is the elective-wise programme structure covered at NMIMS University for Online MBA.

Elective Programme  Structure

Details

Business Management Specialisation Electives

  • Information Systems for Management
  • Consumer Behaviour
  • Organisational Theory, Structure and Design
  • Supply Chain Management
  • Digital Marketing
  • Entrepreneurship and Venture Capital Management
  • Project Management

Marketing Specialisation Electives

  • Brand Management
  • Consumer Behaviour
  • Integrated Marketing Communications
  • Sales Management
  • International Marketing
  • Service Marketing
  • Digital Marketing

Operations and Data Science Electives

  • Quantitative Methods- II
  • Supply Chain Management
  • Project Management
  • Service Operations
  • Total Quality Management
  • Six Sigma
  • Strategic Sourcing and E-Procurement

Human Resource Specialisation Electives 

  • Compensation and Benefits
  • Industrial Relations and Labour Laws
  • Manpower Planning, Recruitment and Selection
  • Organisational Development and Change
  • Performance Management System
  • Learning and development
  • Emotional Intelligence

Finance Specialisation Electives 

  • Capital Market and Portfolio Management
  • Business Valuation
  • Financial Derivatives
  • Strategic Cost Management
  • Corporate Tax Planning
  • Investment Banking
  • International Finance

NMIMS Online MBA Fees Structure

The NMIMS online MBA fee structure is given below for your understanding.

Annual Fee Payment in INR 

Semester Fee Payment in INR 

₹ 1,05,000

₹ 55,000


Please Note:
The fees mentioned above can change depending on the university and specialisation. For more information, contact Hike Education for free assistance and consultation from student counsellors.

Career Opportunities after Completing Online MBA from NMIMS Online MBA

The benefits of NMIMS online MBA are that it offers a top job profile in a top industrial organisation, enabling you to thrive in a successful business career.

Job Profile

Average Salary in INR 

Marketing Manager

13,00,000

Finance Manager

15,00,000

Human Resource Manager

10,00,000

Operations Manager

12,00,000

Project Manager

15,00,000

Supply Chain Manager

17,00,000

Data Scientist

12,00,000

Business Analyst

9,00,000

Business Consultant

15,00,000

Entrepreneur

23,00,000


Please Note: The salary mentioned above is subject to change and depends on educational background and work experience.

Points to Consider Before Choosing NMIMS Online MBA Programme

To understand the benefits of NMIMS online MBA, consider the following points before choosing.

  1. Choose a Programme that Aligns With Your Career Goal: Assess the course before choosing and check if it aligns with your career goals. 

Choose a programme that will upskill your knowledge and enhance your skills, broadening your experience for use in the industrial and organisational sectors.

  1. Check Pedagogy: Learning has become easy and fun in the 21st century when digitalisation and technology are at their peak. This offers the flexibility to learn from anywhere and anytime and 24*7 access to content such as live sessions, recorded lectures, and study material. 

Students are offered e-access to faculty and peers to solve their doubts regarding projects and case studies. 

  1. Networking Opportunities: The benefits of NMIMS online MBA are networking opportunities for its students to learn about new trends and innovations from peers and faculty members. 

An interaction and connection guide you to experience new knowledge and enhance your thought process effectively.

  1. Cost-Effective NMIMS Online MBA Fees: The NMIMS online MBA fees are budget-friendly, making it convenient to take this course. It offers a job-ready programme and helps students learn the same course curriculum as a regular MBA.

  2. Placements Programme: While choosing the course, make sure to check for placement cells that offer career counselling and industry placement, which provide proper guidance about career development services and often lead you to have top leadership and managerial roles in the organisational industry. 

Conclusion

Numerous benefits of NMIMS online MBA help students with their learning and prepare them for advanced career roles with high-potential salaries. Enrolling in the NMIMS online MBA programme will help you seek advanced learning opportunities where you can gain industry-based experience to solve complex business problems and challenges. 

For more information, join Hike Education for free student counselling and assistance.

Benefits of NMIMS Online MBA : FAQs

Q1. Does NMIMS online MBA offer placements?

Indeed, NMIMS offers placement assistance and career support to students to help them prepare a solid resume and prepare for job responsibilities.

Q2. What are the NMIMS online MBA fees?

The NMIMS online MBA fee is around INR 1,05,000.

Q3. What are the benefits of NMIMS online MBA?

NMIMS online MBA helps job holders study at their convenience, which means the university offers flexibility and convenience to study anywhere and anytime.

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