NMIMS Online MBA Fees 2026: Total Fees, EMIs, Scholarships & More

Different colleges in India charge different online MBA fees. Narsee Monjee Institute of Management Studies (NMIMS) has established the 2026 fees for its Online MBA program at ₹1,96,000, encompassing all program costs and payment structures. Students can pay the NMIMS online MBA fees on a lump-sum, annual or semester-wise basis. Application fee for NMIMS online MBA is Rs. 1,200 (non-refundable). While exam fee and project re-submission fee separately costs Rs. 800 respectively. NMIMS Online MBA students also have access to scholarships and discounts, ranging from 5%-20%. Further, the same fees applied to all 7 specialisations offered an NMIMS Online MBA.

Read about NMIMS Online MBA’s complete fee details here. Along with total fees,find EMI options, fee refund policy, comparison with other colleges and more.

NMIMS Online MBA fee can vary based on the time of payment. A one-time full payment can be more affordable than semester-wise 4 installments. Take a detailed look below:

 

Additional charges include:

• Examination Re-attempt Fee: You pay Rs. 800 per subject per attempt for re-attempts.

• Project Re-submission Fee: This fee is Rs. 800 per attempt for project re-submissions.

• Seat Confirmation: A fee of Rs. 10,000 will be collected at the time of registration, later adjusted for the total fee.

Paying the NMIMS Online MBA fees in a lump sum is the most affordable option as it brings the total fee to only Rs. 1,96,000. Further, a 10% discount brings it down even further to just Rs. 1,76,400. Whereas paying annually costs a total of Rs. 1,86,200, and semester-wise goes even higher to Rs. 2,20,000 for the full programme.

Besides, to make the programme even more affordable, students can also opt for no cost EMIs for 3,6,9 and 2 months.

The NMIMS Online MBA fee refund policy outlines the applicable deductions, refund percentages, timelines, and payment methods for students cancelling their admission.

NMIMS Online MBA offers a 20% programme fee discount to eligible defence personnel and their dependents, while students can independently explore education loans through banks and other financial institutions.

• Scholarships and Discounts: Armed Forces, paramilitary personnel, other forces personnel, and their dependents are eligible for a 20% discount on the programme fee.

• Education Loans: Students can apply for education loans through their preferred banks, NBFCs, or financial institutions.

• Loan Responsibility: NMIMS CDOE does not manage or influence loan approval, disbursement, interest rates, or repayment. Students must independently check the lender’s eligibility criteria, charges, and repayment terms.

• Payment Options: Students can pay the programme fee annually or semester-wise. Finance options are also available; students should confirm the applicable terms with their chosen lender

NMIMS Online MBA students can explore No-Cost EMI options to pay their programme fees in instalments instead of making a full upfront payment.

• EMI Tenure: Available EMI plans may include 3, 6, 9, and 12 months, depending on the payment option.

• Credit Card Requirement: Finance options may be available without a credit card; confirm the applicable terms with NMIMS.

• Eligibility and Charges: Check the available No-Cost EMI tenure, eligibility criteria, and any applicable processing charges with the university before making payment.

Fees across all NMIMS online MBA remains the same. The NMIMS Online MBA offers seven specialisations, with a standard programme fee of ₹1,96,000, payable annually or semester-wise.

The NMIMS Online MBA program for 2026 has clear eligibility criteria and a straightforward admission process, with no entrance exam required for the standard track.

• Bachelor’s Degree: You need a bachelor’s degree from a recognized university with at least 50% marks.

• Work Experience: If your bachelor’s marks are less than 50%, you need 2 years of work experience.

• Age Limit: There is no age limit for applicants.

• No Entrance Exam: The standard track does not require an entrance exam.

• Admission Processing Fee: This non-refundable fee is Rs. 1,200.

• Total Program Fee (2026): The total fee for the program is Rs. 1,96,000.

NMIMS Online MBA fee comparison with other colleges, like Amity Online MBA, IGNOU Online MBA etc, is detailed in the table below:

How Do Nmims Online MBA Fees Compare to Their Campus Programs?

NMIMS online MBA fees are significantly lower than campus programs, costing only Rs. 1,96,000.

What Payment Plans or EMI Options Are Available for Nmims Online MBA Fees?

NMIMS Global offers flexible payment options: ₹55,000 per semester or ₹1,05,000 annually. No-cost EMI is available for 3, 6, 9, or 12 months through leading banks.

Are There Any Hidden Charges Beyond the Stated Nmims Online MBA Fees?

While there are no hidden charges, NMIMS Online MBA may charge other charges except the fees. These include registration fees (Rs. 1,200), exam fee (Rs. 800), Project Re-submission fee (Rs. 800) and seat confirmation fee (Rs. 10,000, later adjusted in the total fee)

What Is the Refund Policy If I Withdraw After Paying Nmims Online MBA Fees?

NMIMS Online MBA refunds range from 100% (minus a 5% processing charge, capped at ₹5,000) for early withdrawals to 0% after 30 days. The ₹1,200 registration fee is non-refundable

When Are the Nmims Online MBA Fees Due for Each Academic Year?

NMIMS Online MBA fees are due semester-wise, with each semester costing INR 55,000. Students can also opt for an annual payment of INR 1,05,000.

Does the Nmims Online MBA Fee Include Study Materials and Examination Costs?

No, the NMIMS online MBA fee includes tuition and course materials, but examination costs are separate at ₹800 per subject, per attempt.