Will I get a fee refund if I cancel my admission from NMIMS SBM Mumbai?
Yes, NMIMS SBM Mumbai provides a refund of fees to students who wish to withdraw their admission. However, the amount of refund is subject to UGC refund policy. The below presents the guidelines followed by NMIMS:
| Percentage of Refund of Fees | Point of time when notice of withdrawal of admission is received in the HEI |
|---|---|
| 100% | 15 days or more before the formally notified last date of admission |
| 90% | Less than 15 days before the formally notified last date of admission |
| 80% | 15 days or less after the formally notified last date of admission |
| 50% | 30 days or less, but more than 15 days after formally notified last date of admission |
| No refund | More than 30 days after formally notified last date of admission |
Similar Questions for you
The official NMIMS Cutoff for 2026 has not been released yet. As per the external information, the NMIMS MBA cutoff for 2024 was 220. The same is presented below:
| Section | 2024 |
|---|---|
| Overall | 220 |
NMIMS Mumbai offer decent placements to its MBA students annually. Recently, average package secured by MBA Core batch 2026 stood at INR 24.6 LPA, while the highest package recorded at INR 41.28 LPA. Take a look at the average CTC offered to MBA Core and MBA HR batch 2026 form the table below:
Average Package | MBA Core Batch 2026 | MBA HR Batch 2026 |
|---|---|---|
Top 10% | INR 31.25 LPA | INR 25.69 LPA |
Top 20% | INR 28.92 LPA | INR 23.97 LPA |
Top 30% | INR 27.02LPA | INR 23.09 LPA |
Top 40% | INR 25.58 LPA | INR 22.67 LPA |
Yes, NMIMS Mumbai offer Mirae Asset Foundation (MAF) Scholarship for MBA students. This is for MBA students of economically weaker sector (EWS) whose family income is under INR 8 lakh. Only 10 Students can avail INR 3 Lacs each in this scheme. Total fund allocate for this is INR 30 lakh.
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