Is There Really an Average Placement in NMIMS of 7 to 8 Lakhs?

Many students and parents often wonder about the placement packages offered by NMIMS (National Institute of Management Admission). The perception is often that the average placement package is around 7 to 8 lakhs, but the reality is more nuanced and depends on a variety of factors, including your personal profile and the companies’ requirements.

Company Line-Up and Student Profiles

NMIMS boasts a robust list of companies that come for campus placements. However, the key factor in achieving a high placement package is your alignment with the companies’ profile. If you aren’t a fit for the companies that visit your campus, NMIMS can't do much to change that.

Mass Recruiters and Initial Package Offers

Initially, mass recruiters offer a range of packages between 3.5 to 3.8 lakhs. While these may seem lower, it’s important to understand that the higher packages come from companies with more stringent selection criteria.

Higher Package Offers

Most companies, both national and international, offer packages significantly higher than the initial ones. Companies like Flipkart, Amazon, Accenture, and many others have been known to offer packages ranging from 4.2 lakhs to even 13 lakhs. For instance, international firms like McKinsey, BCG, and KPMG have been known to offer packages in the range of 5.5 to 7.5 lakhs, and in exceptional cases, they can offer over 30 lakhs.

Average Package Mentioned by NMIMS

NMIMS has been transparent about their average package. In their brochure, they clearly mention that the average package is close to 4 lakhs. This figure is derived from the combined placement statistics and doesn’t reflect the upper end of the spectrum where top performers are offered higher salaries.

What You Should Know About Your Course

If you’re planning to opt for a particular course, it’s crucial to understand the associated placement packages.

If you provide me with the specific course you are considering, I can give you a more detailed breakdown of the expected packages and opportunities.

In essence, the 7 to 8 lakh average is a myth. The actual package you receive depends on various factors, including your academic performance, skills, and alignment with company requirements. NMIMS offers a wide range of opportunities across different packages, and understanding your profile and the companies' expectations is key to achieving a competitive placement.