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NMIMS-Online-MBA

Cost vs. Value: Is NMIMS Online MBA a Good Investment?

NMIMS Online MBA is among the best online postgraduate degree programs for working professionals. The program provides an in-depth understanding of managerial tactics and tricks that can help you advance your career. UGC and AICTE recognise NMIMS Online MBA. The university is accredited by NAAC with a grade of “A” and is ranked among the top online universities in India.

Pursuing an online MBA from NMIMS can be a career turning point as the university provides you industry-relevant curriculum that helps in tackling the challenges of the dynamic world efficiently. Read the full article and find out if pursuing an online MBA from NMIMS is worth it.

NMIMS Online MBA

The key highlights of the NMIMS Online MBA are as follows:

NMIMS Online MBA Overview
Duration2 years
EligibilityGraduation with 50% marks
Fees₹ 1,05,000/ Year
SpecializationBusiness ManagementMarketing ManagementFinance ManagementHuman Resource ManagementOperation ManagementData Science
Admission ProcessOnline Admission
Learning MethodologiesDigital Study MaterialAccess to the Student PortalDoubt Clearing SessionsDigital LibrarySession Podcast
ScholarshipsAvailable
Official Websiteonline.nmims.edu

Key Highlights of The Program

The main features of the online MBA at NMIMS Online are:

  1. The program provides an in-depth understanding of theoretical principles and functional domains within Management.
  2. The curriculum covers the thorough examination of fundamental concepts, established practices, and emerging trends.
  3. Prepares students to face the challenges in international business with its global perspective.
  4. Provides skills-based learning initiatives to boost their employability in diverse job roles.
  5. Boost critical thinking and analytical skills to enhance your decision-making abilities.

Why Online MBA From NMIMS: Cost Vs. Value

NMIMS Online provides you with affordable and quality education through its online learning program. The course is accessible to rural and urban youths who want to accelerate their career growth and achieve high goals in the future.

Accessible Learning Management System (LMS) through web & mobile applications makes learning convenient from anywhere anytime. Students get access to a digital library with a plethora of books that elevate their learning and skills. NMIMS online has gained autonomous status as a university making its degree worthwhile in terms of recognition and value. 

Earning a degree from a prestigious university like NMIMS that provides growth to a career and opens up new ventures in diverse fields is a good deal. Your ROI in an online degree can be easily covered with the increased earning potential and prestigious job roles for a better future.

Know more about Top Reasons to Choose NMIMS for an Online MBA in 2024

Detailed Online MBA Program Structure

The two-year online MBA at NMIMS is divided into four semesters focusing on teaching managerial principles and techniques to future managers who make big decisions for the sake of the organization. The detailed program structure of the online MBA at NMIMS is given below:

NMIMS Online MBA Syllabus
Semester ISemester II
Business CommunicationFinancial AccountingMicro Economics & Macro EconomicsOrganisational BehaviourMarketing ManagementQuantitative Methods ICost & Management AccountingHuman Resource ManagementStrategic ManagementBusiness AnalyticsLegal Aspects of BusinessOperations Management
Semester IIISemester IV
Corporate FinanceResearch MethodologyProject 1Elective IElective IIElective IIIElective IVIndian Ethos & EthicsCorporate SustainabilityInternational BusinessProject IIElective VElective VIElective VII

Admission Process at NMIMS Online

For admission to the online MBA program at NMIMS, you need not appear for the entrance exam. The step-by-step admission process for the online MBA program at NMIMS is as follows:

  1. Fill out the registration form by visiting the official website of NMIMS and pay the Admission Processing fee.
  2. Submit the scanned and gazette-attested photocopies of the following documents:
  •  Academic Documents
  • Work Experience Document (if any)
  • Photo Identity
  • Passport Size Photograph
  1. Pay the program fee online or through Demand Draft in favour of SVKM’s NMIMS payable in Mumbai.
  2. On Document approval, Payment approval & Student verification you will receive an admission confirmation letter or mail in your email ID or registered mobile number.

How Much You Invest in Your Online MBA Degree from NMIMS?

The details of the fee for the online MBA program are given below:

ParticularsAmount Total Fees
One-time Payment₹1,96,000/-₹1,96,000/-
Annual Payment₹ 1,05,000/-₹ 2,10,000/-
Semester-wise Payment₹ 55,000/-₹ 2,20,000/-

Additional Expenses:

  1. The application processing fee for the online MBA program is ₹ 1200/-.
  2. An initial amount of ₹ 10,000/- is to be paid to secure your seat.
  3. Exam fee per subject: ₹ 800/attempt.
  4. Project fee: ₹ 1500/  per exam attempt.

The above fee structure is subject to change according to the university’s direction.

NMIMS Online MBA: Job Opportunities

NMIMS Online provides a career service program for distance and online learners which is a one-stop shop for career-related avenues.  The service helps us to understand our strengths and weaknesses, develop soft skills and communication, connect you with industry professionals, and help you find the perfect job role for a bright future.

The Job platform will provide you with access to roles from IIMJobs.com, a premier Indian job platform that connects top MBA grads with their ideal careers from over 20,000+ recruiters. It has earned a good reputation for providing unique job ads and focused searches.  Updazz.com: Updazz provides handpicked quality jobs from various industries. Hirist.tech: Hirist provides a variety of technology employment across industries.

Conclusion

After going through the NMIMS Online MBA we finally recall the benefits of the degree program such as recognition, affiliation, career guidance, teaching methods, fees, and more and assure you that the program will add significant value to your profile and play a crucial role in your career advancement. 

Before enrolling with any online university, it is important to revise your career goal and seek guidance from experts so that you do not face any pitfalls after investment.

Frequently Asked Questions

Is it worth doing an online MBA from NMIMS?

Answer:Online MBA from NMIMS is recognised by UGC and AICTE. The university is also accredited by NAAC with a grade “A” and has earned many prestigious awards in the last few years making its online MBA degree worthwhile.

Does NMIMS online MBA have placements?

Answer: NMIMS Online provides placements in leading companies and also guides students in the right career path with its career service and counselling. It also provides access to top job portals such as IIMJobs, Hirist.com etc.

Is an online MBA worth the return on your investment?

Answer:Yes, in fact. Considering how fast the Indian market is evolving, investing in an online MBA could provide substantial dividends. It provides people with the necessary information that businesses across a range of industries need, which could lead to more job prospects and higher earning potential.

Is NMIMS online MBA valid abroad?

Answer: For all specializations offered by NMIMS distance education, the 2-year PGDM degree has a 1-year Post Graduate Diploma equivalent in Canada. Numerous students have effectively relocated to Canada and other nations in the past, indicating that WES recognizes distance learning for MBA programs.

Can I get a job after an online MBA?

Answer: Many career opportunities open up for working professionals after they complete their online MBA degree. You can seek roles in marketing, finance, digital marketing, business development, etc. once you complete the course.

What is the fee for NMIMS online MBA 2024?

Answer: The annual fee for the NMIMS online MBA is ₹1,05,000/- to be paid in two instalments and the semester-wise fee is ₹ 55,000/- to be paid in four instalments.

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