NMIMS Mumbai B.Sc Finance: Fees 2026, Course Duration, Dates, Eligibility

Vile Parle West, MumbaiDeemed to be UniversityEstd 1981NAAC Grade A++ 3.6
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Collegedunia Team

Content Curator | Updated on - Apr 8, 2026

NMIMS Anil Surendra Modi School of Commerce (ASMSOC), Mumbai, offers a full-time B.Sc (Finance) programme under the NEP 2020 framework, with an intake of 240 seats at the Mumbai campus. The programme is offered for 3 or 4 years, with students completing the 4th year earning a B.Sc. (Hons.) degree with a research focus. The annual tuition fee was Rs. 4,00,000 for the 2025 batch (total Rs. 12,00,000 for 3 years or Rs. 16,00,000 for 4 years Hons.); 2026 fees will be announced at the time of admission. Admission is through the NMIMS-NPAT (National Programme Aptitude Test). The programme is popular for its strong finance curriculum, mandatory summer internship, and excellent placement record with a highest package of Rs. 22.55 LPA and an average of Rs. 8.67 LPA.

Admissions 2026 are currently open. NMIMS-NPAT registration is open from 28 January 2026 to 26 May 2026, with the computer-based exam conducted from 10 February to 31 May 2026. The merit list and counselling call letters are expected to be declared in the first week of June 2026.

Key Points

  • The B.Sc (Finance) programme at NMIMS ASMSOC is offered under the NEP 2020 framework with exit options after Year 3 (B.Sc. degree) or Year 4 (B.Sc Hons. degree with research focus).
  • The programme has a large intake of 240 seats at the Mumbai campus, making it one of the most sought-after finance programmes in India.
  • Mathematics/Statistics is mandatory in 10+2 for eligibility, ensuring a quantitatively rigorous student cohort.
  • All students undergo a mandatory Summer Internship Programme during May-June of every academic year, providing early corporate exposure.
  • The placement cell (Student Placement Committee) proactively engages with industry through career fairs, corporate presentations, and guest lectures.
  • Highest placement package: Rs. 22.55 LPA; Average placement package: Rs. 8.67 LPA (B.Sc. Finance specific).
  • SAT/ACT scores are also accepted for admission, making the programme accessible to international and NRI students.
  • Candidates can apply to a maximum of 5 programmes through a single NPAT registration, and up to 3 attempts (1 main + 2 retakes) are allowed.
  • The programme is also offered at Navi Mumbai, Bengaluru, and Hyderabad campuses.
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NMIMS B.Sc Finance Fees

The B.Sc (Finance) programme at NMIMS ASMSOC Mumbai carries an annual tuition fee of Rs. 4,00,000 (as per the 2025 batch), making the total tuition fee Rs. 12,00,000 for the 3-year B.Sc. degree or Rs. 16,00,000 for the 4-year B.Sc. Hons. degree. A one-time non-refundable registration fee is payable at the time of NMIMS-NPAT registration. Hostel accommodation is available on campus and is optional for Mumbai students.

Fee Structure

Fee ComponentAmount (Per Year)Total (3 Years)Total (4 Years - Hons.)
Tuition FeeRs. 4,00,000Rs. 12,00,000Rs. 16,00,000
NMIMS-NPAT Registration Fee (one-time, non-refundable)Rs. 2,000 (for 1 school)Rs. 2,000Rs. 2,000
Total Tuition FeesRs. 4,00,000Rs. 12,02,000Rs. 16,02,000
Hostel Fee (optional, approx.)Rs. 3,02,000Rs. 9,06,000Rs. 12,08,000
  • Fees for Batch 2026 will be officially communicated at the time of admission. The figures above are based on the 2025 batch.
  • The NMIMS-NPAT registration fee is Rs. 2,000 for 1 school and increases with additional school selections (up to Rs. 7,000 for 6 schools). Each retake costs the same as the first attempt.
  • Registration fee is non-refundable and non-transferable.
  • Hostel accommodation at Mumbai campus is optional and allotted on a first-come, first-served basis. Hostel fee does not include meal plan charges.
  • Refund rules are as per UGC notification and will be shared at the time of admission.
  • Education loan facilities are available through NMIMS banking tie-ups. Visit www.nmims.edu/education-loan for details.

NMIMS B.Sc Finance Admission 2026

Admissions to the B.Sc (Finance) programme at NMIMS ASMSOC 2026 are currently open. The selection is based on the NMIMS-NPAT computer-based entrance test score combined with 10+2 academic performance. Candidates can attempt the NMIMS-NPAT up to 3 times (1 main attempt + 2 retakes), and the highest score is considered for the merit list. SAT/ACT scores are also accepted. Counselling and merit list declaration are expected in the first week of June 2026.

Important Admission Dates

Sr. No.ActivityDate
1NMIMS-NPAT Online Registration Opens28 January 2026
2NMIMS-NPAT Exam Scheduling Opens9 February 2026
3NMIMS-NPAT Exam Window10 February to 31 May 2026
4Last Date of Online Registration26 May 2026
5Last Date for Exam Scheduling29 May 2026
6Counselling Call Letter and Merit List DeclarationFirst week of June 2026

Entrance Exam Details

ParameterDetails
Exam NameNMIMS-NPAT (National Programme Aptitude Test)
ModeComputer-based online test at Pearson VUE test centres
SectionsQuantitative Reasoning (40 Qs), Logical Reasoning (40 Qs), Verbal Reasoning (40 Qs)
Total Questions120
Total Marks120
Duration100 minutes
Negative MarkingNone
Maximum Attempts3 (1 main + 2 retakes); highest score considered
SAT/ACTAccepted in lieu of NPAT
Registration Portalwww.nmims.edu (Apply Now)

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

  • Candidates must have passed 10+2 or equivalent examination with a minimum of 50% aggregate marks, with Mathematics/Statistics as a mandatory subject.
  • Candidates appearing for their final 10+2 examination can also apply, subject to meeting the eligibility criteria at the time of admission.
  • Candidates above 25 years of age are not eligible to apply.

Admission Process

  • Register online at www.nmims.edu and select NMIMS-NPAT as the test category, choosing B.Sc (Finance) under ASMSOC.
  • Pay the non-refundable NMIMS-NPAT registration fee (Rs. 2,000 for 1 school; increases with additional school selections).
  • Schedule the computer-based exam at a Pearson VUE test centre of your choice.
  • Candidates can attempt up to 2 retakes; the highest score among all attempts is considered.
  • Candidates with valid SAT/ACT scores may apply directly without appearing for NPAT.
  • Update 10+2 marks in the registration form as soon as results are declared.
  • Merit list is prepared based on NMIMS-NPAT score and 10+2 academic performance.
  • Shortlisted candidates receive a counselling call letter and must complete the e-admission process, upload documents, and pay fees within the stipulated timeline.
  • Campus upgrades are possible in Phase 2 based on updated merit rank and seat availability.

NMIMS Mumbai: Students' Opinion

AI-Generated Summary based on 13 Reviews

The admission process at NMIMS, Mumbai, involves a written test with 120 multiple-choice questions on Mathematics, Logical Reasoning, and English, completed in 100 minutes. After selection, candidates must visit the campus to finalize admission by paying fees. The faculty is highly qualified, with many experienced Chartered Accountants teaching accountancy. Classes have 50-60 students, covering six subjects. Students attend five one-hour lectures daily from 9:30 am to 3:40 pm. The tuition fees vary, with some courses costing Rs. 3 lakhs annually, while BBA and BCom honors are Rs. 2.2 lakhs.

Additional charges apply for accommodation, and payments can be made via IMPS or RTGS. Despite being expensive, the university offers scholarships and education loans, although scholarships are rare. Placement opportunities are strong, with companies like Barclays, JP Morgan, Deutsche Bank, and Google recruiting on campus. The placement rate is 100%, with average packages between Rs. 10-12 lakhs and the highest reaching Rs. 50 lakhs. The placement process starts in the fifth semester, and 80-90% of students receive job offers.

Internships are mandatory after the second year, with firms like PwC, KPMG, and Nomura participating. Placement opportunities are slightly skewed towards Mumbai campuses, but the college maintains a strong corporate network. Courses like BSc Finance have annual fees around Rs. 3,40,000, with fees generally increasing each year. Overall, NMIMS provides competitive placements and internships, complementing its strong academic offerings.

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NMIMS B.Sc Finance Scholarships 2026

NMIMS University offers merit-based and need-based fee waiver schemes for deserving students. While there is no 100% scholarship for the B.Sc (Finance) programme, partial fee waivers and government scholarship options are available. Students can also avail of education loans through NMIMS's banking tie-ups.

Scholarship Details

Scholarship / Financial AidEligibilityBenefit
NMIMS Merit-Based Fee WaiverHigh academic performance in 10+2 and/or high NMIMS-NPAT scorePartial tuition fee waiver (amount varies)
NMIMS Need-Based Financial AidAnnual family income below Rs. 8 Lakhs; educational loan from nationalised/private bankPartial fee waiver (amount varies)
Central Sector Scheme of Scholarship (CSSS)Top 20 percentile in 10+2 board; family income below Rs. 8 LakhsRs. 1,000/month (graduation level)
State Government ScholarshipsAs per Maharashtra state government normsVaries by category and scheme
Education LoanAvailable through NMIMS banking tie-upsLoan facility for full course fees
  • Scholarship amounts and eligibility criteria are subject to revision each academic year.
  • Students must apply for scholarships separately; payment of fees does not automatically qualify a student for any scholarship.
  • For government scholarships, students must register on the National Scholarship Portal (scholarships.gov.in).
  • For education loan details, visit www.nmims.edu/education-loan.

NMIMS B.Sc Finance Placement 2026

NMIMS ASMSOC has a strong placement record for B.Sc (Finance) graduates, with the highest package at Rs. 22.55 LPA and an average package of Rs. 8.67 LPA (ongoing placements). The dedicated Student Placement Committee proactively engages with industry through career fairs, corporate presentations, and guest lectures. All students undergo a mandatory Summer Internship Programme during May-June of every academic year, providing early corporate exposure. Graduates are placed in roles such as Valuation Analyst, Financial Analyst, Investment Banking Analyst, Equity Research Analyst, and Risk Analyst at leading financial institutions and consulting firms.

Placement Statistics

Placement MetricDetails
Highest PackageRs. 22.55 LPA
Average PackageRs. 8.67 LPA
Key RolesValuation Analyst, Financial Analyst, Investment Banking Analyst, Equity Research Analyst, Risk Analyst
Summer InternshipMandatory every year (May-June)
Notable RecruiterLincoln International (Valuation Analyst role)

NMIMS B.Sc Finance FAQs

Ques. What is the difference between B.Sc (Finance) and BBA (Finance) at NMIMS ASMSOC?

Ans. The B.Sc (Finance) is a science-based finance programme that requires Mathematics/Statistics in 10+2 and focuses heavily on quantitative finance, financial modelling, investment analysis, and risk management. The BBA (Finance) is a management-oriented programme that does not require Mathematics in 10+2 and focuses more on business management with a finance specialisation. B.Sc (Finance) graduates are typically better suited for roles in investment banking, equity research, and quantitative finance, while BBA (Finance) graduates are suited for broader business and finance management roles.

Ques. Is Mathematics mandatory in 10+2 for B.Sc (Finance) at NMIMS?

Ans. Yes, Mathematics/Statistics is a mandatory subject in 10+2 for eligibility for the B.Sc (Finance) programme at NMIMS ASMSOC. The minimum aggregate required is 50% in 10+2. This is different from the BBA and B.Com programmes, which do not require Mathematics.

Ques. Can I apply to B.Sc (Finance) using my SAT or ACT score instead of NPAT?

Ans. Yes, NMIMS accepts valid SAT or ACT scores in lieu of the NMIMS-NPAT for admission to the B.Sc (Finance) programme. This makes the programme accessible to students who have appeared for international standardised tests. Candidates must still meet the 10+2 eligibility criteria (50% aggregate with Mathematics/Statistics).

Ques. What is the Summer Internship Programme in the B.Sc (Finance) curriculum?

Ans. All students of the B.Sc (Finance) programme at NMIMS ASMSOC are required to undergo a mandatory Summer Internship Programme during May and June of every academic year. This internship provides corporate exposure beyond classroom teaching and helps students build professional networks and practical skills in financial analysis, investment banking, or related fields. The internship is a key component of the placement preparation process.

Ques. What are the career prospects after B.Sc (Finance) from NMIMS?

Ans. Graduates of the B.Sc (Finance) programme are well-positioned for roles in investment banking, equity research, financial analysis, valuation, risk management, and financial consulting. Top recruiters include leading financial institutions, consulting firms, and investment banks. The highest placement package is Rs. 22.55 LPA and the average is Rs. 8.67 LPA. Many graduates also pursue higher studies such as MBA (Finance), CFA, CA, or FRM certifications.

Ques. Can I upgrade my campus preference after Phase 1 admission in B.Sc (Finance)?

Ans. Yes. Students who have paid fees after Phase 1 are eligible to upgrade their campus preference in Phase 2, based on their updated merit rank and seat availability at the preferred campus. This flexibility allows students to secure admission at a lower-preference campus first and then upgrade if a seat becomes available at their preferred campus.

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NMIMS Mumbai: 7 Answered Questions

What are the teaching methodologies and techniques adopted at NMIMS Navi Mumbai for a B.Sc. in finance?

Aparna Das
Akriti Guptalives in Mumbai, Maharashtra, India

To elaborate further, NMIMS Navi Mumbai adopts a variety of teaching methodologies and techniques for the B.Sc. Finance program to help students achieve the desired outcomes. These techniques include:

  1. Case studies: They help adapt theory to practice and teach pupils to solve real-world challenges.
  2. Group discussions: Group discussions allow students to interact and share their knowledge and views. These dialogues help students grasp diverse perspectives and enhance communication and interpersonal skills.
  3. Lectures: Experienced professors at NMIMS Navi Mumbai give students a solid foundation in finance theory.
  4. Workshops improve students' practical knowledge and skills. These sessions teach students to use financial instruments in real life.
  5. Research projects: B.Sc. Finance research projects are essential. Students must conduct independent research to develop their research and analytical skills. These initiatives also teach kids about finance.

NMIMS Navi Mumbai emphasizes financial theory and application-based learning to prepare students for corporate life. Success in finance depends on improving analytical and problem-solving skills, ethics, legal compliance, and commercial practices.

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What are the professions that one could follow after pursuing B. Sc Finance from NMIMS Navi Mumbai?

Advait JoshiLives in Mumbai, Maharashtra, India

A B.Sc. financial from NMIMS Navi Mumbai can lead to many financial industry jobs. Post-graduation careers include:

  • Financial Analyst: Financial analysts analyse financial data and market trends to advise investors. 
  • Investment bankers assist firms and organisations raise money by underwriting and issuing securities like stocks and bonds. 
  • Portfolio Manager: Portfolio managers manage investment portfolios for people, institutions, and organisations to fulfil financial goals. 
  • Risk Manager: Risk managers examine, manage, and mitigate financial risks to an organisation. 
  • Wealth managers advise on investments, financial planning, and estate planning 
  • Financial Planner: Financial planners assist customers save for retirement, pay for college, and other financial goals.
  • Investment advisors advise clients on investments depending on their financial goals, risk tolerance, and investment horizon.
  • Credit Analyst: Credit analysts analyse credit data and financial statements to help lenders make informed lending decisions.
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What skills can one gain after doing a B. Sc in finance from NMIMS Navi Mumbai?

Advaith BhaskarLives in Mumbai, Maharashtra, India (2000–present)

Completing a B. Sc in Finance from NMIMS Mumbai will provide and equip you with a range of skills that are highly valued in the finance industry. Following are some of the many skills mentioned that you will develop during and after the course:

  • Financial Analysis: You will learn how to analyze financial statements and use financial ratios to evaluate the financial health of a company.
  • Investment Management: You will gain knowledge of investment instruments such as stocks, bonds, mutual funds, and derivatives.
  • Risk Management: You will learn how to identify and mitigate financial risks, such as credit risk, market risk, and liquidity risk.
  • Accounting: You will gain knowledge of accounting principles and practices, including financial reporting, taxation, and auditing.
  • Quantitative Analysis: You will learn how to use statistical and mathematical techniques to analyze financial data and make informed decisions.
  • Business Communication: You will develop strong oral and written communication skills, which are critical for success in the finance industry.
  • Teamwork: You will learn how to work effectively in a team environment, which is essential for success in the finance industry.

So, a B. Sc in Finance from NMIMS Mumbai will give you a strong foundation in finance and prepare you for a range of careers in the finance industry. Hope it helped, Cheers!

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Which is a better choice- Ashoka University B.Sc Economics and Finance or NMIMS Mumbai BSc Finance?

Anuraag DasStudied at MBA from NMIMS (2020)

Ashoka University and NMIMS Mumbai have excellent economics and finance programs. Before choosing, evaluate the differences between the two.

Ashoka University is a young institution known for its creative and multidisciplinary curriculum. Its BSc Economics and Finance program teaches students economic theory, financial markets, and quantitative and analytical abilities. The program emphasizes critical thinking, communication, and problem-solving, which are useful in many occupations.

However, NMIMS Mumbai has long offered undergraduate finance programs. Its BSc Finance program teaches students about financial markets, investment analysis, and corporate finance, as well as how to flourish in these disciplines. Internships and industry projects emphasize experiential learning.

Ashoka University or NMIMS Mumbai depends on your job goals and preferences. Ashoka University offers a more multidisciplinary and innovative education. NMIMS Mumbai is great for practical skills and industrial exposure. 

NMIMS B.Sc Finance could be better for the following reasons:

  • Older Institutions than Ashoka
  • Great Placements because of being in the Financial capital of India
  • Better Return on Investment
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How is the placement scenario at NMIMS Mumbai for a BSc in finance degree?

Sapna Malik
Shreya MattaMBA from K.J. Somaiya Institute of Management Studies and Research (SIMSR) (Graduated 2019)

If the NMIMS Mumbai BSc in Finance placement scenario can be described in a single word then pathetic it is. The placement committee is substandard and leaves almost more than half of the batch unplaced. During my sister's batch, the placement coordinator was switched in the midst of the placement session which was a highly irresponsible way to handle the situation. There was no coordinator for more than 3 months in between. The pre-placement activities that had to be initiated in July began in September and this delay affected the placements drastically.

There is high competition between NMIMS and other B Schools like NM, Mithibai, and UPG. So despite many top companies visiting the campus, the roles offered were mediocre. So joining NMIMS for BSc Finance with the prospect of getting a package above 8 LPA is useless.

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What is better, B.Sc. finance from NMIMS or CA?

Prateek SinhaB.Sc. Finance, SVKM's NMIMS (2020)

Pursuing a CA from the Institute of Chartered Accountants of India is better than a BSc in Finance from NMIMS or any other institute. A professional degree has greater importance than any graduate degree. The career prospects after CA are certainly better than B.Sc in Finance. 

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Is the NMIMS Bsc Finance degree worth the money?

Priyam NaskarB.Sc Finance at SVKM's NMIMS (2018)

One of my friends pursued his B.Sc in Finance from NMIMS. Based on his input, I might be able to help you with your question. 

  • All the demands and requirements of any corporation are assimilated into the curriculum. 
  • The syllabus includes major subjects like Business Analytics (SAS Software), Alternative Investment Markets, Operation Research, Debt Markets, Financial Reporting Standards, or even Corporate Finance. 
  • Theseare exclusive to NMIMS B.Sc. It can not be seen or found in any other syllabus within India. 
  • Mumbai being the financial capital of the country provides us with better industrial exposure. 

If you have any misconception about having fun while you are here, drop it already. As at NMIMS you probably would not have time to do so. Just so you are fit for corporate culture, they train you in such a way that you don't face any problem in the future. 

Since you have an inclination towards Finance, you would realize that everything you had endured was worth it in the end. And if the situation is the opposite, you'd be left far, far behind in the Finance race pulverizing yourself under constant pressure.

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Why To Join NMIMS Mumbai - Reviews & Rating

3.1
& Win Monthly Prizes Up to ₹1 Lakh/-*
5(42%)
4(31%)
3(4%)
2(15%)
1(8%)

Academic
4.2
Faculty
4.3
Infrastructure
4.2
Accommodation
3.8
Social Life
4.1
Placement
4.0

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Review guru
4.6Helpful
Reviewed on Jan 7, 2025(Enrolled 2024)

Fees and Financial Aid:

I paid 340000 for my first year and around 340000 for the hostel fees which includes AC. My course has the highest fees in school of commerce which is Bsc Finance. The fees structure for Bba is around 3 lakh and for bcom is around 2.5 lakh. A student has to pass Npat enterance exam for commerce. The fees increases rapidly every year.
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Bhumika Nagmoti
3.9Helpful
Reviewed on Oct 8, 2024(Enrolled 2023)

Fees and Financial Aid:

2023-24 paid Rs. 375000, 2024-25 paid Rs. 369000, 2025-26 yet to be paid. The above fees in inclusive of all the charges for tuition, library, lab fees, security, resources, etc. There is no discrimination caste wise for fees payment everyone has to pay the same amount. Unfortunately, no scholarship or financial aid is provided by Nmims.
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Lavanya Khurana
Lavanya Khurana
4.1Helpful
Reviewed on Jul 25, 2024(Enrolled 2024)

Fees and Financial Aid:

The fee structure varies from course to course and usualaly we can see a hike in fees every year. students do have an option to pay the fees in one go or half yearly or even monthly and low cost EMI There are scholarships for students who genuinly need financial assistance
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Krish Dhameja
4.4
Reviewed on Jun 18, 2024(Enrolled 2023)

Fees and Financial Aid:

The fees are very high being 3,75,000 per year, however, the facilities are great and it's worth it. They provide internship opportunities in the 2nd year as well and have very good placements consistently.
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Karan Kakarania
3.7Helpful
Reviewed on May 5, 2023(Enrolled 2022)

Fees and Financial Aid:

The fees of the college are quite high compared to other colleges in India. Chances of scholarship are also minimal. But on-campus job placements are pretty good with the highest package even going up to 16 lakhs.
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Khushi Shanbhag
3.9
Reviewed on Oct 19, 2021(Enrolled 2021)

Course Curriculum Overview:

The faculty is very very experienced and helpful. They are always open to doubts and questions. The student ratio is healthy as well. The faculty teaches with the help of several presentations and case studies making it practical and easy to understand. I havent written any exam yet, only tests which were of decent difficulty.
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Krish Nathany
4.5
Reviewed on Oct 22, 2020

Course Curriculum Overview:

The teachers at the college are highly qualified, experienced and helpful and have great communication skills. They act as mentors for the students. The course and curriculum is also very relevant and helps the students to get industrial exposure.
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Anonymous
4.5
Reviewed on Oct 12, 2020

Course Curriculum Overview:

Curriculum is atmost imp. At nmims. Nmims is well know for its updated curriculum all round the country, the technological assistance that it provides makes it easier for the students. It is also supported by various seminars so as to relate it to the practical and corporate world
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Ayush
4.5
Reviewed on Sep 17, 2020

Course Curriculum Overview:

Bsc Finance course is closely related to the CFA Level 1 Those interested in CFA can go for this course Bsc Finance will go to the core concepts of Finance which will help a student get a grasp of how to go in towards the financial concepts
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gautam malani
3.7
Reviewed on Sep 11, 2020

Course Curriculum Overview:

good learning institution for commerce and management and finance's. the curriculum last updated in 2017. speaking of teaching faculty one my personal faculties is prof. hrithik gupta he teaches us business economics.
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