NMIMS Online MBA Fees 2026: Full Structure, Inclusions & Payment Plans
NMIMS online MBA costs Rs. 1.96 lakhs to Rs. 2.2 lakhs based on payment type. Find the lump-sum, annual and semester NMIMS online MBA fees in this article.
The 2-year NMIMS online MBA costs range from Rs. 1.96 lakhs to Rs. 2.2 lakhs for the regular course, based on the type of payment. NMIMS offers students the choice to pay the online MBA fee in lump-sum, annual or semester-wise payment. The NMIMS online executive MBA, on the other hand, costs Rs. 4-4.5 lakhs for the whole programme. Besides the tuition fee, NMIMS online MBA fee also includes additional costs like admission fee, project fee and more. NMIMS online MBA students are also eligible for scholarships and fee refunds upon cancellation. Here, you’ll find a detailed breakdown of semester costs, flexible EMI options, available scholarships, and a clear comparison with distance MBA programs.
NMIMS Online MBA Fee Overview: All Costs
Understanding the NMIMS Online MBA Fees 2026: Full Fee Structure and What’s Included is crucial for prospective students. This section details the various payment options, including lump sum, yearly, and semester-wise costs, along with additional charges and available financial benefits for the program.
| Payment Mode | Fees |
| Admission Processing Fee | One time, non-refundable: ₹1,200 |
| Initial Amount | ₹10,000 payable at admission, adjusted against the total program fee |
| Full Fee Payment | Lump Sum: ₹1,96,000 (one-time full payment for the complete program)
Annually: Rs. 2.1-2.2 lakhs |
| Annual Fee Payment | ₹1,05,000 per year (2 years) |
| Semester Wise Fee Payment | ₹55,000 per semester (4 semesters) |
| Examination Fee | ₹800 per subject per attempt |
| Project Fee | ₹1,500, applicable in the final semester only |
| Loan Facility | Education loan option available without the need for a credit card |
| Finance Option | No-cost EMI options available |
| Scholarships | Defence Scholarship: 20% fee concession for armed forces personnel, defence staff, and immediate family |
| Discounts | Refer-a-friend benefit available at the centre |
NMIMS Online MBA Yearly Fee Options
NMIMS Online MBA offers multiple fee payment options, allowing students to choose between a one-time payment, yearly instalments, or semester-wise payments based on their financial convenience.
| Fee Payment Option | Total Programme Cost | Fee Structure | Best Suited For |
| Lump Sum Fee | Rs. 1,96,000 | One-time payment at admission | Students seeking maximum savings with a single payment |
| Per Year Total Fee | Rs. 2,10,000 | Rs. 1,05,000 per year for 2 years | Working professionals preferring annual instalments |
| Semester-wise Total Fee | Rs. 2,20,000 | Rs. 55,000 per semester for 4 semesters | Students looking for flexible semester-based payments |
NMIMS Online MBA Semester-wise Fees
The NMIMS Online MBA fee structure is divided across four semesters, making it easier for students and working professionals to manage their educational expenses. Each semester fee includes tuition, LMS access, digital study materials, live interactive classes, academic support, and examination charges. The table below provides a detailed semester-wise breakdown of the NMIMS Online MBA fees for the complete 2-year programme.
| Semester | Fees (Per Semester) | Payment Timeline | Included Components |
| Semester 1 | Rs. 55,000 | At the time of admission | Tuition fees, LMS access, digital learning materials, live classes, examinations |
| Semester 2 | Rs. 55,000 | Before commencement of Semester 2 | Tuition fees, academic support, assignments, examinations |
| Semester 3 | Rs. 55,000 | Before commencement of Semester 3 | Tuition fees, specialization subjects, LMS access, examinations |
| Semester 4 | Rs. 55,000 | Before commencement of Semester 4 | Tuition fees, project work support, examinations, certification processing |
| Total Fees | Rs. 2,20,000 | Across 2 years | Complete Online MBA programme cost |
NMIMS Online MBA Additional Costs
Beyond tuition, additional charges for the NMIMS Online MBA program include an Admission Processing Fee, Advance Fee Payment, and fees for exams and project attempts.
| Particulars | NMIMS Online MBA Fee Details |
| Admission Processing Fee | INR 1,200 |
| Advance Fee Payment | INR 10,000 (subject to being deducted from tuition fees) |
| Exam Fee | INR 800 per subject / per attempt |
| Project Fee | INR 800 per attempt |
| Late Admission Fee | Rs. 500 (Applying after 10th August 2026)
Rs. 1,000 (Applying after 31st August 2026) |
NMIMS Online MBA Fees Monthly EMI
Prospective students can explore various EMI options, with monthly payments ranging from INR 8,750 to INR 6,111 depending on the chosen payment plan and tenure.
| Total Fee | Tenure | Approx EMI (INR ) |
| INR 2,10,000 (Annual Plan) | 24 months | INR 8,750 per month |
| INR 2,20,000 (Semester Plan) | 36 months | INR 6,111 per month |
Which NMIMS Online MBA Fee Structure is The Best?
The NMIMS Online MBA Fees varies based on the chosen plan, with the lump sum payment being the most economical choice. This section details the various fee structures and what is covered.
| Fee Structure Option | Total Programme Cost | Best Choice For |
| Lump Sum Payment | Rs. 1,96,000 | Students and professionals with available funds seeking the most economical option |
| Annual Payment Plan | Rs. 2,10,000 | Working professionals preferring balanced yearly payments |
| Semester-wise Payment Plan | Rs. 2,20,000 | Students wanting manageable semester-based instalments |
| EMI / Finance Option | Varies based on tenure | Candidates seeking flexible monthly budgeting |
NMIMS Online MBA EMI Options 2026: Monthly Installments & Payment Plans
NMIMS provides comprehensive EMI and education loan facilities through various bank and NBFC partners, making the NMIMS Online MBA Fees 2026: Full Fee Structure and What’s Included more accessible. These flexible payment plans ensure students can manage their financial commitments effectively, supporting their academic journey.
- EMI and Loan Facility: NMIMS offers EMI and education loan facilities via bank and NBFC partners.
- Payment Methods: Convert total fees into monthly installments using credit card EMI or finance partners.
- Average Monthly EMI: Average EMI starts from INR 5,500 to INR 6,111 per month.
- Available EMI Tenures: EMI is available for 3, 6, 9, 12, 18, 24, or 36 months.
- No-Cost EMI: Available with selected banks: HDFC, ICICI, Axis, Citibank, Standard Chartered, Kotak, HSBC.
- Education Loan Partners: HDFC Credila, ICICI Bank, Axis Bank, Eduvanz, and Propelld are partners.
Loan Facilities for NMIMS Online MBA Fee
These additional details provide clarity on the scope and terms of financial assistance, ensuring students can plan their NMIMS Online MBA Fees 2026: Full Fee Structure and What’s Included effectively.
| Feature | Details |
| Education Loan Coverage | Covers program fees, exam fees, project fees, and sometimes laptop/internet costs. |
| Loan Repayment Start | Repayment for some options can begin after 6–12 months. |
| Jan 2026 Session Loan Deadline | Applications open until March 6, 2026, for financial assistance. |
| Loan Without Credit Card | Loan facilities are available with no credit card options. |
| EMI Calculation Note | Exact EMI values depend on bank, interest rate, and credit card provider. |
NMIMS Online MBA Scholarships & Discounts 2026: Defence & Other Waivers
NMIMS offers an important concession for its Online MBA program, though not many general scholarship schemes exist. This section outlines the primary defence scholarship and other potential discounts, helping you understand the NMIMS Online MBA Fees 2026: Full Fee Structure and What’s Included.
| Scholarship / Discount Category | Details |
| Defence Scholarship Percentage | 20% concession on the programme fee, reducing the total fee to Rs. 1.56 lakhs – Rs. 1.76 lakhs (based on lump sum,yearly or semester-wise payment) |
| Defence Eligibility (Primary) | Applicable for Armed Forces, Defence, and Paramilitary personnel |
| Defence Eligibility (Family) | Available for spouse, children, and parents with valid proof |
| Required Proof | Service ID/discharge papers and relationship proof for dependents |
| Scholarship Coverage | Applicable only on the programme fee component |
| Exclusions | Does not include admission processing fee, late fee, or re-exam charges |
| Alumni Benefits | Small fee concession available for existing NMIMS alumni |
| Refer-a-Friend Benefit | Additional referral-based fee discount offered through selected centres |
NMIMS Online MBA Fee Payment Process 2026: Steps & Deadlines
This section details the step-by-step admission procedure, various fee components, available finance options, and key dates for both January and July 2026 sessions.
| Step / Particulars | Details |
| Registration Process | Register online through the NMIMS Online admission portal and pay the admission processing fee |
| Admission Processing Fee | ₹1,200 (non-refundable for all applicants) |
| Document Submission | Upload Gazette-attested copies of academic certificates, ID proof, and other required documents |
| Initial Program Fee | ₹10,000 payable during registration and adjusted against the total programme fee |
| Fee Payment Methods | Online payment modes and Demand Draft accepted |
| Demand Draft Details | Demand Draft should be in favour of “SVKM’s NMIMS” payable at Mumbai |
| Admission Confirmation | Admission is confirmed after document verification, fee payment, and approval process completion |
| Student Enrollment | Unique student number issued after successful admission confirmation |
| Finance Options Available | No-cost EMI and education loan facility available without requiring a credit card |
| Partner Banks | HDFC Bank, ICICI Bank, Axis Bank, Citibank, Standard Chartered Bank, Kotak Mahindra Bank, HSBC |
| Admission Sessions | Available for January 2026 and July 2026 admission cycles |
| Payment Flexibility | Students can choose lump sum, annual, semester-wise, or EMI payment options |
NMIMS Online MBA Fee Refund Policy
Upon cancellation, NMIMS online MBA applicants are eligible for fee refund. Take a look at the fee refund policy of the college below:
| Refund Criteria | Refund Policy Details |
| Registration Fee Refund | Registration fee of ₹1,200 is non-refundable |
| Cancellation Deduction (Documents Not Processed) | ₹800 deduction applicable |
| Cancellation Deduction (Documents Processed) | ₹2,500 deduction applicable |
| 100% Refund Eligibility | Withdrawal made 15 days or more before the last admission date |
| 90% Refund Eligibility | Withdrawal made less than 15 days before the last admission date |
| 80% Refund Eligibility | Withdrawal within 15 days after the last admission date |
| 50% Refund Eligibility | Withdrawal within 30 days, but after 15 days from the last admission date |
| No Refund Eligibility | Withdrawal after 30 days from the last admission date |
| Processing Charge Clause | 5% processing fee deducted for 100% refund cases, capped at ₹5,000 |
| Refund Transfer Mode | Refund processed through NEFT or credited to the original payment account |
| Loan Facility Clause | Loan-related charges until cancellation approval must be paid by the candidate |
| Late Fee Refund | Late fees paid are non-refundable |
NMIMS Online MBA: Detailed Overview
Understanding the NMIMS Online MBA Fees 2026: Full Fee Structure and What’s Included is crucial for prospective students. The total fee for the NMIMS Online MBA is ₹1,96,000, offering flexible payment options. This section details the various fee components and compares it with the Executive MBA (MBA WX) program.
| Feature | NMIMS Online MBA | NMIMS MBA WX |
| Total Fee | ₹1,96,000 | ₹4,00,000 |
| Annual Fee Payment | ₹1,05,000 per year (2 years) | ₹2,50,000 (1st Year)
₹2,00,000 (2nd Year) |
| Semester Wise Fee Payment | ₹55,000 per semester (4 semesters) | – |
| Admission Processing Fee | ₹1,200 (one-time, non-refundable) | ₹1,500 (one-time, non-refundable) |
| Initial Amount | ₹10,000 (payable at admission, adjusted against the total program fee) | ₹20,000 (payable at admission, adjusted against the total program fee) |
| Examination Fee | ₹800 per subject per attempt | — |
| Project Fee | ₹1,500 (applicable in the final semester only) | — |
| Re-Examination Fee | — | ₹2,500 per subject per attempt |
| Estimated Total Cost | ₹2 Lakhs to ₹2.10 Lakhs (including admission, exam, project) | — |
| Duration | 2 years / 4 semesters | 15 months–2 years / 8 terms |
| Eligibility | 50% in graduation | 55% + 3 years work experience |
| Entrance Requirement | No exam | Personal Interview required |
| Campus Component | No | Yes – on-campus immersion |
| Best For | Graduates / early-career | Mid-level professionals (5–10 yrs) |
Frequently Asked Questions
What is NMIMS Online MBA Fees 2026?
The NMIMS Online MBA fee ranges from ₹1.96 lakh to ₹2.20 lakh depending on the selected payment plan, including lump sum, annual, semester-wise, or EMI-based payment options.
What are the payment modes accepted for NMIMS Online MBA Fees?
NMIMS accepts payments through credit cards, debit cards, net banking, UPI, e-wallets, EMI facilities, education loans, and Demand Drafts payable in favour of SVKM’s NMIMS.
What are the eligibility requirements for NMIMS Online MBA?
Candidates must hold a bachelor’s degree from a recognized university with at least 50% aggregate marks. Reserved category students require 45%, while lower scores may need work experience.
Are there any scholarships available for NMIMS online MBA fees?
Yes, NMIMS offers a 20% defence scholarship for armed forces, paramilitary personnel, and eligible family members. Additional alumni and refer-a-friend discounts may also be available.
What is the fee refund policy of NMIMS online MBA upon cancellation?
NMIMS follows UGC refund guidelines, offering refunds based on withdrawal timelines. Registration fees are non-refundable, while partial deductions and processing charges apply depending on cancellation timing.
What is the fee of NMIMS online Executive MBA?
The NMIMS MBA WX (Executive MBA) fee is approximately ₹4 lakh for the complete programme, excluding re-examination and other applicable charges. The course includes campus immersion components.
