NMIMS Mumbai MBA Fees in 2026: The Published Figures, Sourced

Ask an agent what the NMIMS Mumbai MBA costs and you will get a “package”. Ask NMIMS and you now get published per-annum figures for every programme and campus — plus a plain statement that the second year’s fee arrives in your offer letter. This page sticks to what the university has put in writing, names the document behind every number, and explains what any figure above those numbers actually means.

What is the published NMIMS Mumbai MBA fee?

Rs 13,50,000 per annum for AY 2026-27. That is the tuition for the flagship full-time MBA at the School of Business Management, NMIMS Mumbai, as published in the Admission Handout for Management Programs (NMAT 2026), the document governing the batch 2027 intake. The handout prints its fee table for AY 2026-2028 explicitly “for information only”, and it is the first time NMIMS has published the joining year’s figure rather than only the previous year’s.

The full published table, per annum:

Programme	Fee (per annum, AY 2026-27)
MBA, Mumbai	Rs 13,50,000
MBA Human Resources, Mumbai	Rs 12,75,000
MBA Business Analytics / MBA (Digital Transformation), Mumbai	Rs 11,50,000
MBA, Bengaluru / Jadcherla (Hyderabad) / Navi Mumbai	Rs 11,00,000
MBA, Indore	Rs 10,00,000
MBA, Ahmedabad	Rs 9,00,000
MBA Pharmaceutical Management, Mumbai	Rs 9,00,000

Two details give these numbers their context. First, the programme runs two years over six trimesters (SBM NMIMS MBA program page), so the per-annum figure is half the tuition picture, not the whole of it. Second, the handout states the fees for AY 2027-28 — your second year — will be intimated at the time of admission, in the offer letter. Treat the table as the university’s own reference point for budgeting, and verify the year-two figure the moment your offer letter arrives.

One quirk worth knowing: the official fee-structure page on nmims.edu publishes no figures itself. It points to the Admissions Handout. If a website shows you an “NMIMS fee structure” with numbers the handout does not contain, you are reading someone else’s estimate.

What has NMIMS not published for the batch?

Only the second year’s figure. The NMAT 2026 handout publishes every programme’s per-annum fee for AY 2026-27 and states that fees for AY 2027-2028 will be intimated at the time of admission, in the offer letter. So the honest position is narrower and stronger than last cycle’s: the joining year’s fee is now public in writing, and the only number that still arrives per candidate is year two.

Practically, this means you budget against the published AY 2026-27 figure, assume some revision for year two, and verify the real number the moment your offer letter arrives, before you pay anything. Any site quoting a precise “NMIMS MBA fee 2027-28” today is publishing a guess.

What does it cost just to apply?

Two separate payments to two separate organisations. NMIMS charges an application registration fee of Rs 3,000, payable online only and non-refundable, with the application window running 20 August to 10 October 2026 (NMAT 2026 admission handout). GMAC, which administers NMAT, charges its own exam registration fee; NMIMS does not publish that amount, so confirm the current figure on GMAC’s official NMAT page.

There is a costly trap hiding in the retake rules. GMAC permits up to three NMAT attempts in a testing year (mba.com NMAT page). But the NMIMS handout states the university accepts only the score of the first NMAT attempt. Money spent on second and third attempts does nothing for an NMIMS application. If NMIMS Mumbai is your target, prepare so that attempt one is your best attempt; our NMAT guide covers how the exam and the school policies fit together.

What scholarships does NMIMS publish for the MBA?

One named scheme, on the official programme page. The SBM NMIMS MBA program page lists Mirae Asset Foundation scholarships: ten need-cum-merit awards of up to Rs 30 lakh for the full-time MBA. The published criteria include annual family income below Rs 8 lakh, an EWS certificate, and an education loan taken from a nationalized or private bank.

Ten awards against a full MBA cohort is a narrow gate, so treat this as real but scarce support for candidates who genuinely meet the need criteria, not a general discount. Check the current terms on the SBM MBA program page before building it into your plan.

What does any figure above the published fee mean?

It means someone is asking you to fund a crime, because there is nothing legitimate to buy. NMIMS publishes a standing caution notice stating there is no management quota at NMIMS for any program, that any e-mail or SMS offering one is fraudulent, that no monetary transactions should be entertained, and that such activity should be reported to the Police and to [email protected]. The MBA admission handout repeats the warning and adds that canvassing in any form disqualifies the candidate.

So the arithmetic is simple. The university’s published costs are the Rs 3,000 application charge, the GMAC exam fee, and tuition as declared in the handout and your offer letter. A “package” above that is not a premium route. It is either capitation, which Maharashtra’s Prohibition of Capitation Fee Act, 1987 makes a criminal offence, or plain fraud against a seat that was never for sale. Promises of a certain seat at NMIMS are the signature of the scam, not a service. The full story, including a documented racket that quoted lakhs for a non-existent NMIMS quota seat, is in our NMIMS management quota explainer, and the legal frame around such payments is in our management quota MBA guide.

Every seat at NMIMS Mumbai is filled on NMAT merit through the published process. The stages themselves are covered in our NMIMS Mumbai selection process guide.

How Udaan helps with NMIMS Mumbai fees

We keep you inside the published numbers and the published process. Udaan helps you plan the real costs — the Rs 3,000 NMIMS application charge, the GMAC exam fee, tuition against the published AY 2026-27 figure — time a first NMAT attempt that counts, and read your offer letter’s fee declaration before you commit. We take no commissions from any college; every rupee of fees goes from you to NMIMS directly, against the university’s own fee structure and a receipt. And if your budget and the published figures do not meet, we will say so plainly and show you what else in Mumbai’s MBA landscape fits, rather than invent a shortcut that does not exist. Start with a conversation at our contact page.

All figures on this page carry their year and source inline. Confirm the current fee position in the official admission handout and your own offer letter before paying anything.