NMIMS vs Symbiosis: The Online MBA Battle You Cannot Miss

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Jagpreet

16 October, 2024

NMIMS vs Symbiosis: The Online MBA Battle You Cannot Miss

Business Insider: The Indian Market

Are you shopping from the Great Indian Festival Sale on Amazon, or have you ever purchased from the Big Billion Days sale on Flipkart or the End of Reason sale on Myntra? We are sure you must have won some of the most lucrative deals! Brands like these invest in their sales and offer aspects more often as they know the value of a sale and a wide range of affordable products for an average Indian consumer.

The Indian market is often called price-sensitive. We believe in affordable shopping; sometimes, price matters more than quality. Therefore, brands need help to build successful businesses here. Building a thriving business market involves extensive training in thinking like a businessman. Thus, an online MBA can help you adapt to the new business world.

When crafting your business strategy, choosing the right MBA is crucial. Two of India’s most recognised online MBA programmes are offered by NMIMS and Symbiosis, but which online MBA from NMIMS vs online MBA from Symbiosis is better for your aspirations? Both programmes provide solid educational foundations, but each has its own unique strengths that cater to different kinds of learners and future business leaders. Let’s dive in and compare them to see which is the right choice for you.

Programme Basics

College Name: Narsee Monjee Institute of Management Studies

Location (s)

  1. Mumbai (Main Campus)

  2. Shirpur

  3. Bengaluru

  4. Hyderabad

  5. Navi Mumbai

  6. Indore

  7. Dhule

  8. Chandigarh

College Name: Symbiosis Institute of Digital and Online Learning

Location (s)

  1. Pune

  2. Nashik

  3. Bengaluru

  4. Noida

  5. Hyderabad

  6. Nagpur

  7. Indore

Key Course Takeaways

NMIMS Online MBA

  • The institute offers ebooks to provide the most relevant study material and help you access online resources more conveniently. 

  • Presentations prepared by the faculty of NMIMS CDOE to ensure you can access study material irrespective of location-based barriers.

  • SVKM’s NMIMS School of Business Management has been accredited by AACSB for the second consecutive time, making it the first B-School in Western India to achieve this honour.

Symbiosis Online MBA

  • Interactive sessions with faculty and peers, along with recorded lectures. 

  • The Online MBA degree from Symbiosis holds global recognition. 

  • Prepares you for the corporate field with practical business and theoretical learning. 

Accreditations and Rankings

NMIMS Online MBA

Narsee Monjee Institute of Management Studies has consistently received exemplary rankings over the years and is considered one of the top institutions in the country. The institute is known for its MBA and BTech courses and has firm corporate relationships with over 1,348 companies.

  • Overall NIRF Ranking: 84th

  • Management NIRF Ranking: 21st

  • AACSB Accredited

  • NAAC Accreditation:

  • NMIMS Deemed-to-be University

  • Mumbai Campus: Accredited by NAAC with a 3.59 CGPA and Grade A+ (3rd cycle)

  • AICTE Approval: AICTE Letter of Approval for 2018-19

Symbiosis Online MBA

  • Top Distance Learning Institutes for Student Learning Experience by Careers 360 Rating 2012 Rank 1

  • Ranked 2nd amongst the Leading Institutes by the DNA Indus Learning Survey 2012.

  • NIRF Overall Rank: 52

  • NIRF Management Category:13

Know Your Specialisations

NMIMS Online MBA

  1. Financial Management

  2. Business Management 

  3. Human Resource Management 

  4. Marketing Management 

  5. Operations and Data Science Management 

  6. Operations and Supply Chain Management 

  7. Leadership and Strategy 

  8. Information Technology Management 

  9. Digital Marketing 

  10. Commerce 

  11. Business Analytics 

  12. Business Administration 

  13. Applied Finance 

Symbiosis Online MBA

  1. Marketing

  2. Human Resource Management

  3. Finance

  4. Operations

  5. Logistics

  6. Supply Chain Management

  7. Agri Operations Management

  8. International Business

  9. Business Analytics

  10. Hospital 

  11. Health Care Management

Duration of the Course

NMIMS Online MBA

The programme duration is 2 to 3 years, depending upon the specialisation. 

Symbiosis Online MBA

The duration of the programme is two years or 24 months 

Cost Structure: Your Investment Explained

NMIMS Online MBA

The Fee Structure of the Programme isINR 1,05,000 LPA

The fee structure per semester is INR 55,000 for four semesters.

  • Admission Processing Fee of INR 1,200 is applicable for all admissions.

  • An initial amount of  INR 10,000 from the programme fee would be collected at the time of registration.

  • The exam fee of INR 800 per subject would be charged per attempt.

  • A project fee of INR 1,500 per exam attempt would be charged.

  • You also have the option to pay the full programme fee of INR 1,96,000 if you prefer.

  • Any payment via Demand Draft should be made in favour of “SVKM’s NMIMS,” payable in Mumbai.

  • The fee mentioned above is subject to change at the university’s discretion.

Symbiosis Online MBA

The programme fee is INR 1,50,000 Per Annum 

Are You Eligible? Let’s Find Out!

NMIMS Online MBA Eligibility Criteria

must have a Bachelor’s Degree in any discipline from a recognised university or an equivalent degree recognised by the Association of Indian Universities (AIU) with a minimum of 50% marks at graduation level (45% for SC/ST/OBC/PwD).

Symbiosis Online MBA Eligibility Criteria

You must be a graduate from any recognised university or institution of national importance with a minimum of 50 O/O marks or equivalent grade at graduation level.

Fee Concession and Scholarship Policy

NMIMS Online MBA

The university offers special incentives to our armed forces, defence personnel, and their immediate families with a 20% concession on the programme fee.

Symbiosis Online MBA

A fee concession of INR 50,000 can be granted on the programme fee of INR 3,00,000 LPA from Jan 24 batch and July 24 batch.

Career Services You Can Avail

NMIMS Online MBA

The terms and conditions of the college are applicable here.

  • Assessment: You can assess your cognitive and behavioural skills through aptitude and psychometric tests to identify your most suitable career path.

  • Profile Development: To increase your chances of being shortlisted, you can get expert mentoring on resume building, social media profiling, and personal branding.

  • Practice Interview Session 1: There would be one-on-one practice interview sessions to enhance your chances of succeeding at interviews for jobs, career changes, and promotions.

  • Access to the Job Portal: You can get six months of access to job portals like IIMJobs, Updazz, and Hirist to find a role of your choice, highlight your job applications, and improve your profile ranking.

  • Choose Your Module: You may enroll in multiple modules at any number of times.

Symbiosis Online MBA

Symbiosis, the team partners with organisations in student placement efforts. 

The college can also help you attend interviews and presentations, meet their team of specialist career advisors, and gain help with CV writing, interview skills, and aptitude tests.

Here are some of the top 20 placement recruiters associated with the university: 

  1. Akanksha Foundation

  2. Amura Marketing Technologies

  3. Aptara Corporation

  4. Aramex

  5. Aztec Soft

  6. Bosch Ltd

  7. Capgemini

  8. Capita

  9. CrediPoint Solutions

  10. Doodle All

  11. Euro Kids International Ltd

  12. Eye Focus Technology Pvt. Ltd

  13. Enthrall Technologies Pvt. Ltd

  14. Enabling Dimensions(ED)

  15. ENyota Learning

  16. Exult

  17. Eternus Solutions

  18. HDFC Bank Ltd

  19. HoRizon HR

  20. IIBM Jet India

Also Read: Symbiosis Online MBA 2024: Courses, Fee, Admission, more

What Sets These Colleges Apart?

Let’s find out what makes them different from each other: 

NMIMS Online MBA Programme USPs

  1. The curriculum of NMIMS Online MBA covers a wide range of fundamental concepts. It also includes foundational courses that build a strong understanding of significant business concepts. 

  2. This online MBA programme also offers an extensive range of electives. You can use this to specialise in your area of interest. The five electives are: 

    • Business

    • Marketing

    • Finance

    • Human Resource

    • Operation 

    • Data Science.

  3. The programme would provide you with support for their career paths in managerial, administrative, or entrepreneurial purposes.

Symbiosis University Programme USPs

  1. You can solve your doubts with your peers through a peer-to-peer doubt-solving session. 

  2. You can learn at your own pace through recorded lectures. 

  3. Experts have developed the curriculum from the top 10 Symbiosis institutions in India. 

  4. You also get to access the learning management system throughout the 24 hours. 

Also Read: Symbiosis Online MBA 2024: Courses, Fee, Admission, more

The Final Analysis

NMIMS and Symbiosis are two of the most renowned institutions for their online and distance programmes. They both have a wide range of specialisations and a reputed image on the global forum. If you are wondering which one you choose for your online MBA, you can note your preferences and align your interests with both colleges. The few structures of both are slightly different, but the career services, accreditations, and rankings also justify their fee. Therefore, your requirements and preferences would primarily determine the final choice.

Also Read: Is There Any Entrance Exam For SRM University Online MBA?

Frequently Asked Questions

Q.1 What are the highest-paying job roles after completing an Online MBA?

Here are the highest-paying job roles you can explore after an online MBA:

  1. Chief Executive Officer (CEO)

  2. Marketing Manager

  3. Financial Manager

  4. Management Consultant

  5. Business Development Manager

  6. Human Resource Executive

Q.2 Which are the most important skills you are judged on the basis of for an Interview as an MBA graduate?

Here are some of the key skills you can focus on developing as an MBA graduate

  1. Strategic Thinking

  2. Adaptability

  3. Emotional Intelligence

  4. Negotiation Skills

  5. Time Management

Q.3 What are the advantages of pursuing an online MBA degree as opposed to an offline degree?

Here are the top benefits of pursuing an online degree over an offline MBA degree:

  1. Flexibility: Study at your own pace and schedule.

  2. Cost-effectiveness: often lower tuition fees and no commuting costs.

  3. Accessibility: Learn from anywhere, broadening your choice of programs.

  4. Work-Life Balance: Manage studies alongside professional commitments.

  5. Diverse Networking Opportunities: Connect with a global cohort of peers.


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