NMIMS Management Quota Admission in MBA Finance

NMIMS is a well-respected business school in India, and their MBA Finance program is one of their most popular offerings. The program is designed to give students a strong foundation in the fundamentals of finance, as well as the practical skills needed to succeed in the financial industry. Stay tuned to this article to know more about NMIMS Management Quota Admission in MBA Finance. The MBA in Finance program at NMIMS is designed to equip students with the skills and knowledge required for a successful career in finance. The curriculum typically covers areas such as financial management, investment analysis, risk management, and financial markets. NMIMS is known for having a qualified and experienced faculty in the field of management. Faculty members often have a mix of academic and industry experience, which can contribute to a well-rounded learning experience. The university typically provides modern infrastructure and facilities to support the learning process. This includes well-equipped classrooms, libraries, and other amenities.

NMIMS has various schools offering programs in fields such as management, engineering, pharmacy, architecture, commerce, economics, law, science, liberal arts, and more. The Anil Surendra Modi School of Commerce, the School of Business Management, and the Mukesh Patel School of Technology Management and Engineering are among the well-known schools within NMIMS. Admissions to various programs, including MBA, are often based on entrance exams. NMAT (Narsee Monjee Management Aptitude Test) is the primary entrance exam for the MBA programs at NMIMS.

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Narsee Monjee Institute of Management Studies

NMIMS was established in 1981 by the Shri Vile Parle Kelavani Mandal. It has gained recognition for its academic excellence and is accredited by bodies such as the National Board of Accreditation (NBA) and the National Assessment and Accreditation Council (NAAC).

Here are some of the highlights of the NMIMS MBA Finance program:

Strong curriculum: The program covers a wide range of topics, including corporate finance, investment banking, financial markets, and risk management.
Experienced faculty: The faculty at NMIMS are all experienced professionals with a deep understanding of the financial industry.
Case study approach: The program uses a case study approach to learning, which allows students to apply their knowledge to real-world problems.
Corporate connections: NMIMS has strong relationships with many leading companies in the financial industry, which gives students access to internship and job opportunities.

MBA Finance Specialization at NMIMS Management Quota Admission

Investment Banking: This specialization is designed to prepare students for careers in investment banking, where they will advise companies on mergers and acquisitions, underwriting, and other financial transactions. Courses cover topics such as corporate finance, valuation, financial modeling, and deal structuring.

Private Equity: This specialization focuses on the private equity industry, where students learn about fundraising, investing in companies, and managing portfolio companies. Courses cover topics such as venture capital, buyout funds, distressed investing, and private equity fund management.

Wealth Management: This specialization prepares students for careers in wealth management, where they will advise clients on investment strategies, estate planning, and other financial matters. Courses cover topics such as portfolio management, asset allocation, risk management, and financial planning.

Financial Markets: This specialization focuses on the financial markets, where students learn about trading, derivatives, risk management, and market regulation. Courses cover topics such as fixed income, equities, foreign exchange, and financial econometrics.

FinTech: This specialization is a newer addition to the NMIMS program and focuses on the intersection of finance and technology. Students learn about blockchain, artificial intelligence, machine learning, and other emerging technologies that are transforming the financial industry.

MBA Finance Eligibility at NMIMS Management Quota Admission

Bachelor’s Degree: You must have a bachelor’s degree (10+2+3) in any discipline from a recognized university or an equivalent degree recognized by the Association of Indian Universities (AIU) with a minimum of 50% aggregate marks.

NMIMS Aptitude Test (NMAT): You must take and score well on the NMAT exam, which is conducted by NMIMS University twice a year. The NMAT is a computer-based test that assesses your quantitative skills, verbal skills, logical reasoning, and analytical skills.

GMAT/GRE: You can also submit your GMAT or GRE scores if you have taken either of these exams. However, the NMAT is the preferred entrance exam for NMIMS programs.

Some details about NMAT at NMIMS Management Quota Admission

In March 2015 The Graduate Management Admission Council (GMAC™) assumed ownership and management of the NMAT™ exam in India from the Narsee Monjee Institute of Management Studies (NMIMS). The exam will be retitled the NMAT by GMAC™ exam.

The deal marks a new stage in GMAC’s participation in the India graduate management admissions market and complements the presence of the organization’s GMAT exam. Through this acquisition, GMAC strengthens its mission of supporting quality management education. Assuming ownership of the NMAT exam provides GMAC with new opportunities to partake in efforts to improve the accessibility of admissions to graduate management programs by encouraging participation of a deeper and more diverse candidate pool in India.

MBA Finance Important Dates at NMIMS

Events	Dates
Registration for WAT/ PI	January 21 – 26, 2024 (Tentative)
Conduct of WAT/ PI	January 31 – February 08, 2024 (Tentative)
Declaration of 1^st Merit list	February 16, 2024 (Tentative)
Fee Payment	February 17 – 21, 2024 (Tentative)
Commencement of Program	June 5, 2024 (Tentative)

MBA Finance Fees Structure at NMIMS

The fees for the MBA in Finance program at NMIMS depend on your chosen payment plan and program location. Here’s a breakdown:

Payment Plans:

Full Fee Payment:
- Pro Program: INR 1,68,000
- Prime Program: INR 1,44,000
Annual Payment:
- Pro Program: INR 91,000 per year
- Prime Program: INR 79,000 per year
Semester-wise Payment:
- Pro Program: INR 48,000 per semester
- Prime Program: INR 42,000 per semester

MBA Finance Scholarships at NMIMS

There are several scholarship opportunities available for students pursuing an MBA in Finance at NMIMS. Here’s a breakdown:

Need-Based Scholarships:

Central Sector Scheme of Scholarship for College and University Students: Offers INR 2,000 per month for postgraduate students, disbursed over 10 months during the academic year. This scholarship caters to students from various backgrounds, including financial need.
Mirae Asset Foundation Scholarship: Up to INR 30 lakh for full-time MBA programs based on a combination of need and merit. Applicants must have an annual family income below INR 8 lakh and an EWS certificate. They should also have taken educational loans from recognized banks.

Merit-Based Scholarships:

NMIMS Merit Scholarship: Awarded to top performers in the NMAT exam and with strong academic records. The amount varies depending on rank and program.
Scholarships from Corporate Partners: Several corporate partners may offer scholarships to NMIMS students based on various criteria, such as academic performance, specialization, and career goals.

MBA Finance Placements at NMIMS

The placements for MBA Finance at NMIMS are consistently impressive, making it a sought-after program for aspiring finance professionals. Here’s a breakdown of the latest placement data (as of October 2023):

Key Highlights:

Highest Salary Package: INR 67.80 LPA (Lakhs per Annum)
Average Salary Package: INR 26.63 LPA
Percentage of PPOs (Pre-Placement Offers): 36%
Top Recruiters: Aditya Birla Capital, American Express, Goldman Sachs, Crisil, Microsoft, Google, TAS, JP Morgan, Morgan Stanley, Salesforce, Samsung, ITC, Accenture, IBM, and many more.

Additional Statistics:

The average of the top 10% offers stood at INR 40.41 LPA.
The average of the top-20% offers stood at INR 36.50 LPA.
The average of the top-30% offers stood at INR 34.39 LPA.
The average of the top-40% offers stood at INR 32.53 LPA.

Factors Contributing to Strong Placements:

Strong Industry Reputation: NMIMS has a strong reputation and network within the financial industry, attracting top recruiters.
Rigorous Curriculum: The program’s curriculum emphasizes practical skills and knowledge, preparing students for the demands of the financial sector.
Experienced Faculty: Industry experts and experienced professors guide students through the program.
Focus on Corporate Interaction: The program provides ample opportunities for students to network with industry professionals through internships, workshops, and guest lectures.
Career Development Support: Dedicated career services teams assist students with resume writing, interview preparation, and job search strategies.

Overall, the NMIMS MBA Finance program offers excellent placement prospects for aspiring finance professionals. By combining a strong academic foundation with practical skills and industry connections, graduates are well-positioned to secure high-paying jobs in diverse finance sectors.

NMIMS Management Quota Admission in MBA Finance

I hope this information helps! Please let me know if you have any other questions about NMIMS Management Quota Admission in MBA Finance.

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