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NMIMS Mumbai Placements 2024: Highest Package: INR 67.70 LPA & Average Package: INR 25.13 LPA


• Updated on Apr 22, 2025, by Aafreen

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NMIMS Mumbai has maintained its position as a leading B-school in India with a stellar placement performance for the MBA batch of 2023–24. A total of 214 recruiters participated in the final placement season, including 72 new recruiters for MBA Core and 21 for MBA HR, offering roles across sectors such as BFSI, Consulting, FMCG, IT/Analytics, and Manufacturing. The highest package stood at INR 67.70 LPA for MBA Core and INR 25.02 LPA for MBA HR, while the average packages were INR 25.13 LPA and INR 18.64 LPA respectively. Some of the top recruiters are Aditya Birla Capital, American Express, Axis Bank, Bank of America, Barclays, HSBC, Nomura, and CRISIL were among the top recruiters driving placement success.

 

In the Summer Internship Placements for the 2023-24 batch, NMIMS Mumbai continued its strong performance by securing 100% placements across both programs. A total of 226 recruiters participated which include 167 for MBA Core and 59 for MBA HR. Students were placed in key sectors such as Finance, Marketing, General Management, and Operations. The highest stipend offered was INR 4.40 Lakhs for MBA Core and INR 3.00 Lakhs for MBA HR, while the average stipends stood at INR 1.84 Lakhs and INR 1.31 Lakhs respectively. Major internship recruiters included JPMorgan Chase & Co., ICICI Bank, HSBC, HDFC Bank, CRISIL, Axis Bank, and American Express.

 

Table of Contents
  1. NMIMS Mumbai Placements 2024 Highlights
  2. NMIMS Mumbai Placements 2024 MBA Specialization
  3. NMIMS Mumbai Placements 2024 Domain-Wise
  4. NMIMS Mumbai Placements 2024 Sector-Wise Offers
  5. NMIMS Mumbai Placements Year-Wise Comparison
  6. NMIMS Mumbai Summer Internship Placements 2024 Highlights
  7. NMIMS Mumbai Summer Internship Placements 2024 Sector-Wise Offers
  8. NMIMS Mumbai Placements 2024 Top Recruiters
  9. NMIMS Mumbai Placements 2024 FAQs

 

NMIMS Mumbai Placements 2024 Highlights

The placement statistics for the MBA batch 2023-24 is mentioned in the table below, highlighting all the details of the current placements.

Particulars

Placement Statistics (2023-24)

Placement Statistics (2022-23)

Total Recruiters

MBA Core: 168

 

MBA HR: 46

MBA Core: 148

 

MBA HR: 51

Number of New Recruiters

MBA Core: 72

 

MBA HR: 21

MBA Core: 52

 

MBA HR: 24

Highest Package

MBA Core: INR 67.70 LPA

 

MBA HR: INR 25.02 LPA

MBA Core: INR 67.80 LPA

 

MBA HR: INR 25.95 LPA

Average Package

MBA Core: INR 25.13 LPA

 

MBA HR: INR 18.64 LPA

MBA Core: INR 26.63 LPA

 

MBA HR: INR 19.56 LPA

Top Sectors

Banking, Financial Services & Insurance, Conglomerate, Manufacturing, Power, Oil & Gas, Aviation, FMCG, FMCD & Retail

 

Start-up, Logistics & E-Commerce

 

IT/Analytics, Pharmaceuticals, Media & Telecom, Real Estate

 

Consulting

Banking, Financial Services & Insurance, Conglomerate, Manufacturing, Power, Oil & Gas, Aviation, FMCG, FMCD & Retail

 

Start-up, Logistics & E-Commerce

 

IT/Analytics, Pharmaceuticals, Media & Telecom, Real Estate

 

Consulting

Top Recruiters

Aditya Birla Capital, American Express, Angel One, ASK, Axis Bank, Bank of America, BNY, Barclays, B, CreditNirvana, CRISIL, Equirus, Hero FinCorp, HSBC, Indian Banks’ Digital Infrastructure Company, IDFC FIRST Bank, IIFL, Indus Valley Partners, Marsh, Neo, Nomura

Aditya Birla Capital, American Express, Arcesium, ASK, Axis Bank, Bank of America, Barclays, BNY Mellon, Client Associates, Credit Suisse, CRISIL, DBS, HDFC Bank, HSBC, ICICI Bank, ICICI Lombard, IDFC First Bank, IIFL, Indus Valley Partners, JPMorgan Chase & Co., Morgan Stanley, Nomura, SBI Caps, SBI Life

 

NMIMS Mumbai Placements 2024 MBA Specialization

The overall placements of NMIMS Mumbai in 2024 are indicative of a good growth in MBA Core and MBA HR. The maximum package offered under MBA Core specialization was Rs. 67.70 LPA and an average of Rs. 25.13 LPA. In contrast, the MBA (HR) course also saw the highest package of 25.02 LPA and average package of 18.64 LPA which goes to show the promise and consistency of the program in the talent market.

Particulars

MBA Core

MBA HR

Highest Package

INR 67.70 LPA

INR 25.02 LPA

Average Package

INR 25.13 LPA

INR 18.64 LPA

Top 10%

INR 40.60 LPA

INR 24.67 LPA

Top 20%

INR 37.10 LPA

INR 22.95 LPA

Top 30%

INR 34.40

INR 22 LPA

Top 40%

INR 32.10 LPA

INR 21.5 LPA

 

NMIMS Mumbai Placements 2024 Domain-Wise

The highest package of INR 67.7 LPA was offered in the marketing domain, followed by the general management domain with INR 61.39 LPA.

Domains

Highest CTC

Finance

INR 31.2 LPA

General Management

INR 61.39 LPA

Marketing

INR 67.7 LPA

Operations & Data Science

INR 31.38 LPA

Human Resource

INR 25.02 LPA

 

NMIMS Mumbai Placements 2024 Sector-Wise Offers

As illustrated by the 2024 sector-wise placement report, the levels of industry activity throughout the two specializations are quite varied. Also, in MBA Core the Banking, Financial Services & Insurance (BFSI) sector see 33 percent offers with Consulting and FMCG/FMCD/Retail running up close with 19 percent and 17 percent respectively. In case of MBA HR, the number in Conglomerate & Manufacturing was 27 percent and BFSI also had a considerable number at 31 percent. PPOs were critical and Core experienced 41 per cent PPOs in BFSI and HR experienced 45 per cent PPOs in IT/Analytics & Pharma.

Sector

% (MBA Core)

PPO (Core)

On-Campus (Core)

% (MBA HR)

PPO (HR)

On-Campus (HR)

Banking, Financial Services & Insurance

33%

41%

59%

31%

30%

70%

Conglomerate, Manufacturing, Power, Oil & Gas, Aviation

11%

33%

67%

27%

36%

64%

FMCG, FMCD & Retail

17%

57%

43%

5%

20%

80%

Start-up, Logistics & E-Commerce

6%

20%

80%

5%

0%

100%

IT/Analytics, Pharmaceuticals, Media & Telecom, Real Estate

14%

24%

76%

19%

45%

55%

Consulting

19%

38%

62%

13%

7%

93%

 

NMIMS Mumbai Placements Year-Wise Comparison

An observational comparison of the respective trends in the last five years shows an increase in high-value opportunities on a steady basis. In 2024, MBA Core continued to be appealing to the top end with a highest package of 67.70 LPA just like 67.80 LPA in 2023. Compared to 2023 when it was ranked 25.95 LPA, the MBA HR program has gained a competitive position in 2024 with a slight decline of 25.02 LPA. Mean packages of both programs have continued to be sturdy, and the most recent report on MBA Core 2024 is 25.13 LPA against 26.63 LPA in the past year.

Placement Year

Highest Package

Average Package

2024

MBA Core: INR 67.70 LPA

 

MBA HR: INR 25.02 LPA

MBA Core: INR 25.13 LPA

 

MBA HR: INR 18.64 LPA

2023

MBA Core: INR 67.80 LPA

 

MBA HR: INR 25.95 LPA

MBA Core: INR 26.63 LPA

 

MBA HR: INR 19.56 LPA

2022

MBA Core: INR 57.65 LPA

 

MBA HR: INR 29.09 LPA

MBA Core: INR 23.07 LPA

 

MBA HR: INR 19.40 LPA

2021

MBA Core: INR 34.72 LPA

 

MBA HR: INR 21.00 LPA

MBA Core: INR 18.45 LPA

 

MBA HR: INR 15.09 LPA

2020

MBA Core: INR 38.57 LPA

 

MBA HR: INR 22.00 LPA

MBA Core: INR 18.33 LPA

 

MBA HR: INR 14.98 LPA

 

NMIMS Mumbai Summer Internship Placements 2024 Highlights

NMIMS Mumbai once again recorded high internship placements with great placement across both programs in the Summer Internship Placements of the 2023-24 batch. Participating recruiters were 226 (167 MBA Core and 59 MBA HR). Students were placed in important areas including Finance, Marketing, General Management and Operations. The maximum stipend offered was 4.40 Lakhs and 3.00 Lakhs of MBA Core and MBA HR respectively, and the average stipends were 1.84 Lakhs and 1.31 Lakhs respectively. Among the main recruiters were JPMorgan Chase & Co., ICICI Bank, HSBC, HDFC Bank, CRISIL, Axis Bank and American Express.

Particulars

2023–24

2022–23

Recruiters Participated

MBA Core: 167(77 new, 61 Fortune 500)

 

MBA HR: 59 (35 new, 20 Fortune 500)

MBA Core: 116 (42 new, 63 Fortune 500)

 

MBA HR: 48 (35 new, 20 Fortune 500)

Highest Stipend

INR 4.40 Lakhs (MBA Core)

 

INR 3.00 Lakhs (MBA HR)

INR 4.00 Lakhs (MBA Core)

 

INR 3.00 Lakhs (MBA HR)

Average Stipend

INR 1.84 Lakhs (Core)

 

INR 1.31 Lakhs (HR)

INR 2.00 Lakhs (Core)

 

INR 1.42 Lakhs (HR)

Median Stipend

INR 2.86 Lakhs (Top 200, Core)

 

INR 2.46 Lakhs (Top 25%, HR)

INR 2.70 Lakhs (Top 200, Core)

 

INR 2.16 Lakhs (Top 25%, HR)

Top Sectors

Finance, General Management, Marketing, Operations & Data Science

Finance, General Management, Marketing, Operations & Data Science

Top Recruiters

Aditya Birla Capital, American Express, Antique, Arcesium, Axis Bank, Bajaj Finserv, Bank of America, BNY, Barclays, CLSA, CRISIL, Fintech, HDFC Bank, HSBC, ICICI Bank, Inflection, JM Financial, JPMorgan Chase & Co., Property Share, SBI, StockGro, UTI Mutual Fund, Yes Bank.

Aditya Birla Capital, American Express, Aseem Infra Finance, Axis Bank, Bank of America, Barclays, Bloomberg, BNY Mellon, CRISIL, D. E. Shaw & Co., Elara Capital, Goldman Sachs, Indus Valley Partners, JPMorgan Chase & Co., Kotak Mahindra Bank, Kroll, SBICAPS, SBI Life, Standard Chartered, State Street, Yes Bank.

 

NMIMS Mumbai Summer Internship Placements 2024 Sector-Wise Offers

Internship opportunities in 2024 were well spread across sectors, reflecting NMIMS Mumbai’s strong industry linkages. For MBA Core, the Banking, Financial Services & Insurance (BFSI) sector emerged as the top contributor with 32% of offers, followed by FMCG/FMCD/Retail at 19%. In MBA HR, the distribution was more balanced, with IT/Analytics & Pharma and Conglomerate & Manufacturing each accounting for 23%, while Consulting secured 16% of the internships.

Sector

MBA Core

MBA HR

Banking, Financial Services and Insurance (BFSI)

32%

21%

FMCG, FMCD & Retail

19%

11%

Start-up, Logistics & E-Commerce

13%

6%

IT/Analytics, Pharmaceuticals, Media & Telecom, Real Estate

16%

23%

Conglomerate, Manufacturing, Power, Oil & Gas, Aviation

11%

23%

Consulting

9%

16%

 

NMIMS Mumbai Placements 2024 Top Recruiters

Here is the list of some of the top recruiters who are associated with NMIMS Mumbai and have been a part of the placement drive 2024.

 

 

NMIMS Mumbai Placements 2024 FAQs

What was the placement rate for NMIMS Mumbai during the 2024 final placements?

NMIMS Mumbai achieved a 100% placement rate for the MBA batch of 2023–24 across both MBA Core and MBA HR programs.

What was the highest and average package offered at NMIMS Mumbai in the 2024 placements?

In the NMIMS Mumbai 2024 placements, the highest package offered was INR 67.70 LPA for MBA Core and INR 25.02 LPA for MBA HR, while the average packages stood at INR 25.13 LPA and INR 18.64 LPA respectively.

How many recruiters participated in the NMIMS Mumbai placements 2024?

A total of 214 recruiters participated in the NMIMS Mumbai final placement drive for 2024, with 72 new recruiters for MBA Core and 21 new recruiters for MBA HR.

Which sector made the highest number of offers in NMIMS Mumbai placements 2024?

The Banking, Financial Services & Insurance (BFSI) sector made the highest number of offers during NMIMS Mumbai placements 2024, contributing 33% of the total placements in MBA Core and 31% in MBA HR.

Who were some of the top recruiters in NMIMS Mumbai final placements 2024?

Top recruiters in NMIMS Mumbai placements 2024 included Aditya Birla Capital, American Express, Axis Bank, Bank of America, Barclays, HSBC, Nomura, and CRISIL.

What were the highlights of the NMIMS Mumbai Summer Internship Placements 2024?

NMIMS Mumbai recorded 100% summer internship placements for the 2023–25 batch, with 226 recruiters participating. The highest stipend offered was INR 4.40 Lakhs for MBA Core and INR 3.00 Lakhs for MBA HR.

Which sectors were the most preferred during NMIMS Mumbai summer internships 2024?

During NMIMS Mumbai summer internships 2024, the top sectors included Finance, Marketing, General Management, Operations & Data Science, with BFSI being the most preferred sector for MBA Core students.

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