NMIMS Online Executive MBA for Working Professionals -Curriculum, Fees Structure, Eligibility & More

The NMIMS (Narsee Monjee) Executive MBA program is a two-year course designed for working professionals who want to improve their management skills while continuing their careers. Below, you will find clear and practical information on the course structure, subjects, eligibility, fees, faculty, and other important details.

Table of Contents

Program Overview

The NMIMS Executive MBA is a two-year program meant for working professionals. The course blends theory with practical business applications. It helps students learn new skills, apply them on the job, and prepare for higher roles in management. The program follows a blended learning model, combining online study with periodic campus visits.

Key Points:

Duration: 2 years (8 terms, each 3 months long)
Mode of Delivery: Blended (online and campus immersion)
Credits: 90 credits in total
Designed For: Professionals in managerial, administrative, and entrepreneurial roles

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Curriculum and Specializations

Program Structure

The program is divided into multiple terms, each focusing on specific facets of business management. Every term lasts for approximately 3 months and the entire course is awarded 90 credits upon completion.

Overview of Terms:

Term	Focus Area	Key Components
Term 1 & Term 2	Core Business Courses	Subjects like Financial Accounting, Organizational Behavior, and Corporate Finance
Term 3	Managerial Economics & Strategic Management	Introductory core courses and the beginning of specialization electives
Terms 3, 4, & 5	Specialization Electives	Selection among multiple tracks including Marketing, Leadership and Strategy, Operations and Supply Chain, Applied Finance, and Digital Marketing
Term 6	Capstone Project & Campus Immersion	Integration of learning with a capstone project and immersive campus sessions
Terms 7 & 8	Comprehensive Project	A six-month practical project that applies learnings to real business challenges

Core Courses

During the initial semesters, the program emphasizes a solid grounding in business fundamentals. Some of the prominent courses include:

Financial Accounting: Information for Decisions
Organizational Behavior
Marketing Management
Business Statistics for Decision Makers
Information Systems for Managers
Corporate Finance
Operations Management

These courses are designed to ensure that every student develops a firm understanding of the essential theories and practices in business management before advancing to specialized areas.

Elective Specializations

NMIMS offers various specialization tracks to tailor the academic experience according to individual career goals and interests. Students can choose from:

Marketing Specialization:
- Consumer Behavior
- Customer Relationship Management
- Strategic Brand Management
- Digital Marketing and Analytics
- Integrated Marketing Communications
Leadership and Strategy Specialization:
- Art of Leadership
- Strategic HRM
- Performance Management Strategy
- HR Analytics
- Organization Theory and Change Management
Operations and Supply Chain Specialization:
- Supply Chain Management
- Service Operations Management
- Logistics Management
- Total Quality Management
- Project Management
Applied Finance Specialization:
- Quantitative Methods
- Financial Reporting and Analysis
- Portfolio Management
- Fraud and Risk Analytics
- Financial Engineering
Digital Marketing Specialization:
- Marketing in a Digital World
- Consumer Behavior
- Social Media and Content Marketing
- Search Engine Optimization & SEM
- Mobile and Email Marketing

StudentStudents can choose electives within their chosen specialization to develop expertise in specific areas relevant to their career goals.

Capstone and Project Work

The capstone project is a critical component of the program, allowing students to apply their accumulated knowledge to real-world business challenges.

Capstone Project (Term 6):
- Objective: Apply program learning to a simulated business environment.
- Components: Independent research, scholarly engagement, faculty mentorship, and a comprehensive project report.
Comprehensive Project (Terms 7-8):
- Duration: Six months
- Requirements: Submission of a project video and a reflective essay covering project objectives, application of knowledge, personal growth, and challenges faced.

Completion of these projects is mandatory for program graduation and certification.

Important Reads

Program Objectives and Outcomes

Program Objectives

The NMIMS Executive MBA aims to:

Enhance Professional Knowledge: Equip students with essential business management education.
Align with Corporate Needs: Provide content that meets current industry expectations and realities.
Support Personal Growth: Foster the development of skills and qualities necessary for corporate success.
Leverage IT Infrastructure: Utilize advanced technological resources to aid career pursuits.
Promote Practical Learning: Cultivate real-world skills through skills-based learning modules.

Program Outcomes

Graduates can expect to:

Understand Key Business Principles: Comprehensive knowledge of business systems and frameworks.
Apply Theoretical Concepts: Ability to use business theories in practical scenarios.
Strengthen Managerial Skills: Enhanced capabilities in planning, organizing, staffing, and controlling.
Appreciate Global Dynamics: Insight into the impact of local and global business trends.
Specialize Effectively: In-depth knowledge in chosen specialization areas.
Improve Communication Skills: Enhanced ability to communicate effectively in multicultural environments.
Adapt to Market Changes: Preparedness to respond to rapid market fluctuations.
Commit to Lifelong Learning: Engagement in continuous professional development.

These outcomes ensure that graduates are well-prepared to take on leadership roles across various industries.

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Eligibility Criteria

To be eligible for the NMIMS Executive MBA program, candidates must meet the following requirements:

Educational Qualification:
- Bachelor’s Degree (10+2+3): Any discipline from a recognized university.
- Equivalence: Degree must be recognized by the Association of Indian Universities (AIU).
- Minimum Percentage: 55% aggregate (50% for SC/ST/OBC/PwD candidates).
Work Experience:
- Minimum: 3 years of professional work experience.
- Note: Work experience requirements are relaxed to 2 years for candidates with higher academic qualifications or exceptional professional achievements.

Fee Structure and Payment Options

NMIMS Executive MBA Fee Details

The program fee structure is designed to provide value through comprehensive education and flexible payment options.

Fee Component	Amount (INR)
Total Program Fee	4,00,000
Admission Processing Fee	1,500
Initial Registration Amount	20,000
Re-Exam Fee (per subject)	2,500

Additional Payment Options:

EMI Facility: Flexible EMI plans available for 3, 6, 9, or 12 months through major banks including HDFC, ICICI, Axis, Citi, Standard Chartered, HSBC, and Kotak Mahindra.
Loan Facility: Accessible without the need for a credit card, making the program financially manageable.
Scholarship Incentives: A 20% fee concession is available for armed forces personnel, defense personnel, and their immediate family members.

Payment Instructions:

Demand Draft: Should be made in favor of “SVKM’s NMIMS” payable at Mumbai.

Note: The fee structure is subject to change at the university’s discretion.

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Learning Resources and Support

NMIMS provides a robust online learning environment tailored to the needs of working professionals. The program leverages technology to deliver high-quality education through various resources and support mechanisms.

Key Learning Resources:

Recorded Lectures and Digital Study Materials: Comprehensive course content available for flexible learning.
Live Interactive Sessions: Regular teaching sessions, doubt-clearing classes, and masterclasses by industry experts.
Discussion Forums: Platforms for students to interact with faculty and peers, facilitating collaborative learning.
Self-Assessment Quizzes: Tools to help students evaluate their understanding and track progress.
Student Portal: Centralized access to the learning management system, digital library, and administrative services.
Foundation Module: Developed in collaboration with Harvard Business Publishing Education, this module builds essential business knowledge and terminologies.

Support Services:

24/7 Support: Multiple channels including call, ticket, and chat support ensure timely assistance.
Faculty Interaction: Opportunities to connect with faculty members through queries and session recordings.

Faculty Expertise

The NMIMS Executive MBA program is taught by a distinguished faculty comprising academicians and industry experts. Their diverse backgrounds and extensive experience ensure that the curriculum remains relevant and insightful.

Notable Faculty Members:

Dr. Dimple Pandey, Ph.D., MBA
Dr. Pooja A Basu, Ph.D., PGDBA
Dr. Deepak R. Gupta, Ph.D., Master of Commerce – Assistant Professor, NMIMS CDOE
Dr. Avinash Jhangiani, DBA – Certified in Design Thinking and Innovation
Dr. Rohini Kelkar, Ph.D. (IIT Bombay)
Dr. Archana Tyagi, Ph.D., MA (Psychology, Banaras Hindu University)
Prof. Amit Parakh, PGDM (IIM Ahmedabad), ACA, CS, CFA, FRM – Founder & Lead Trainer at FinStudyClub.com
Prof. Nilanjan Das, MBA (IIM Bangalore), B.Tech (IIT Kharagpur) – Head, Deutsche Wealth Management Center Mumbai

Faculty Highlights:

Academic Excellence: Ph.D. holders and experts from prestigious institutions.
Industry Experience: Practical insights from professionals actively engaged in their fields.
Mentorship: Dedicated support to guide students through their academic and professional journeys.

Admission Process

Applying for the NMIMS Executive MBA involves several steps designed to assess a candidate’s suitability for the program.

Step-by-Step Admission Process:

Application Submission:
- Complete the online application form available on the NMIMS official website.
- Provide necessary academic and professional details.
Entrance Exam:
- Submit scores from recognized entrance exams such as NMAT, CAT, XAT, or others as specified by the university.
Personal Interview:
- Shortlisted candidates will be invited for a personal interview to evaluate their motivation and fit for the program.
Documentation:
- Submit all required documents, including academic transcripts, work experience certificates, and identification proofs.
Fee Payment:
- Pay the initial registration amount of ₹20,000 along with the admission processing fee of ₹1,500.
Final Confirmation:
- Upon successful completion of all steps, candidates will receive an admission offer letter.

Important Dates:

Application Deadlines: Admission cycles typically open annually; refer to the NMIMS official website for specific dates.
Admission Processing Fee: Applicable from day one of the application process.

Scholarship and Financial Aid

NMIMS offers various financial aids to make the Executive MBA program accessible to deserving candidates.

Scholarship Opportunities:

Armed Forces and Defense Personnel:
- Concession: 20% discount on the total program fee.
- Eligibility: Immediate family members of armed forces and defense personnel.

Financial Aid Options:

Loan Facilities: Available without the need for a credit card, facilitating easier access to funds.
EMI Plans: Flexible installment options spread over 3, 6, 9, or 12 months to ease financial burden.

How to Apply for Scholarships:

Documentation: Provide proof of service for armed forces and defense personnel.
Application: Submit the scholarship application form along with required documents during the admission process.

Note: Scholarship policies are subject to change; refer to the official NMIMS website for the latest information.

Additional Benefits

Beyond the academic curriculum, the NMIMS Executive MBA program offers several additional benefits to enhance the overall learning experience.

Key Benefits:

State-of-the-Art IT Infrastructure: Advanced digital platforms ensure seamless access to learning materials and interactive sessions.
Networking Opportunities: Engage with a diverse cohort of peers, alumni, and industry professionals, fostering valuable connections.
Flexible Learning Model: Blended learning approach accommodates the schedules of working professionals.
Global Exposure: Access to masterclasses and sessions by global industry experts provides an international perspective on business practices.
Career Support: Guidance and resources to support career advancement and professional growth.

Conclusion

The NMIMS (Narsee Monjee) Executive MBA program stands out as a comprehensive and flexible option for working professionals seeking to advance their careers without interrupting their professional lives. With a well-structured curriculum, diverse specialization options, experienced faculty, and robust support systems, the program equips students with the knowledge and skills necessary to navigate and excel in today’s dynamic business landscape.

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