NMIMS MBA (Entrepreneurship) FAQs
Ques. Is NMAT or CAT required for admission to the MBA (Entrepreneurship) programme at NMIMS?
Ans. No. Unlike the MBA (Core) programme at NMIMS SBM which requires NMAT scores, the MBA (Entrepreneurship) programme at PDSE and FBM has its own selection process consisting of an NMIMS-specific written test (20 questions) and a Personal Interview. No NMAT, CAT, XAT, or any other national entrance exam score is required.
Ques. Do I need to have a family business or prior business experience to apply?
Ans. No. The 2026 handout explicitly states that no business background is required. The programme is open to any graduate with minimum 50% marks. However, students with family business backgrounds or entrepreneurial aspirations tend to benefit most from the programme's curriculum and ecosystem.
Ques. What is the actual fee for the MBA (Entrepreneurship) programme?
Ans. The fees for the Batch 2025 were Rs. 9,00,000 per annum, making the total 2-year fee approximately Rs. 18,00,000. The fees for Batch 2026 will be declared at the time of admission in the offer letter. A non-refundable registration fee of Rs. 2,500 is payable at the time of online registration.
Ques. Does NMIMS provide incubation or funding support for students who want to start their own ventures?
Ans. Yes. NMIMS has an in-house academic incubator that supports students in launching their ventures. Financial assistance is facilitated through banks, angel investors, and venture capitalists. Trimester VI specifically includes an Idea Pitching and Funding Assistance module where Angel Investors and VCs are directly involved.
Ques. What is the placement scenario for MBA (Entrepreneurship) graduates from NMIMS?
Ans. The MBA (Entrepreneurship) programme is primarily designed for students who want to start their own ventures or join/scale family businesses. For those seeking corporate placements, the average package has been reported at around Rs. 7 LPA from unofficial sources. The programme's real value lies in its entrepreneurial ecosystem, mentoring, and network of over 4,500 entrepreneurs rather than traditional corporate placements.
Ques. Is the test and personal interview conducted only in Mumbai?
Ans. Yes. The NMIMS written test and Personal Interview for the MBA (Entrepreneurship) programme are conducted at the Mumbai campus only, regardless of where the candidate is based.
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