Overview
N.L. Dalmia Institute of Management Studies and Research, Mumbai, is a private AICTE-approved, NAAC A+ accredited business school established in 1995. It was ranked 143 by India Today and 14th in the Management category by IIRF in 2025. The institute offers PG, doctoral, and certification courses, with PGDM (MBA) as its popular programme.
The institute offers PGDM in four specializations: Finance, Marketing, Human Resources, and Operations. The total tuition fee is INR 16.5 Lakhs. Eligibility requires a graduation degree with at least 50% marks, and admission is based on CAT/ XAT/ GMAT/ CMAT / MH-CET/ MAT or ATMA scores, followed by a Personal Interview and Aptitude Test.
As per the latest placement data released by the institute, the highest package offered to the students is INR 24 LPA, and the average package was INR 11.71 LPA in 2025. Some of the top recruiters of N.L. Dalmia Institute of Management Studies and Research Placement are Bloomberg, Colgate Palmolive, Morgan Stanley, CRISIL and Deutsche Bank.
Program Highlights
- 105-credits program aligned with contemporary industry requirements.
- Choice-based electives with opportunities for major and minor specialisations in Marketing, Human Resources, Finance, Operations and Supply Chain Management as well as in Consulting and Strategy.
- Learning powered by experienced faculty, industry practitioner sessions, workshops and live projects.
- Access to global certifications and value-added modules for a competitive edge.
- Placement-focused training with industry exposure.
- International immersion, experiential learning and skill development courses aligned with the National Education Policy.
Program Outcomes

N.L. Dalmia Institute of Management Studies and Research Rankings
The Institute has been ranked by several ranking agencies under various categories. N.L. Dalmia Institute of Management Studies and Research ranking by several prominent agencies in management cateogry.
| Institutions | Year | Ranking |
|---|---|---|
| Collegedunia | 2025 | 143 |
| IIRF | 2025 | 14 |
| Outlook | 2025 | 23 |
| The Times of India | 2025 | 23 |
N.L. Dalmia Institute of Management Studies and Research Courses & Fees 2026
Apart from the regular PGDM, N.L. Dalmia Institute of Management Studies and Research offers PGDM Working Professional programs for working professionals, as well as doctoral (PhD) programs in management. It also offers a Global MBA, where the first year is completed in India and the second year at a partner university in the USA, Canada, UK, or South Korea. Students can find N.L. Dalmia Institute of Management Studies and Research Courses & Fees in the table below.
| Programs | Type | Exam Accepted | Total Tuition Fees |
|---|---|---|---|
| PGDM | Full Time (2 Year) | CAT/ XAT/ GMAT/ CMAT/ MH-CET/ MAT/ ATMA | INR 16.5 Lakhs |
| PGDM Working Professional | Part-time (An 18-month program conducted on weekends) | Graduation Merit + Working professional with a minimum of 3 year full-time experience | INR 2.1 Lakhs |
| GMBA | Full Time(2 Year) | CAT/ XAT/ GMAT/ CMAT/ MH-CET/ MAT/ ATMA/ N.L. Dalmia Institute of Management Studies and Research Entrance Test | NA |
| PHD | 3 year to 6 Year | Masterβs Degree or equivalent in relevant discipline with at least 55% marks (50% for SC/ST) + PET/ UGC Net or JRF | NA |
NL Dalmia Institute PGDM Fees 2026
PGDM at NL Dalmia Institute is the most popular 2 years PG program offered in 3 specializations, with seat intake of around 420 seats across all specializations. The Fees for PGDM ranges from INR 2.1 Lakhs – 16.75 Lakhs depending upon the specialization. The course eligibility required for admission in PGDM is Graduation with 50% + CAT/XAT.
To Know about the fees for various specialization of PGDM at NL Dalmia Institute, Check the below mentioned table.
| PGDM Specializations | Total Fees (INR) – General |
|---|---|
| PGDM Finance | 16.75 Lakhs |
| PGDM General | 16.75 Lakhs |
| PGDM Business Analytics | 16.75 Lakhs |
A Balanced, Credit Based Learning Approach
The PGDM program consists of 105 credits spread across core courses, specialisations, electives, industry projects, skill developments and value-added programs. From financial theory to corporate strategy and digital finance tools-the curriculum ensures well-rounded expertise.
| Sr. No. | Component | Credits |
|---|---|---|
| 1 | Core Courses | 57.5 Credits |
| 2 | Major Courses | 24 Credits |
| 3 | Specialisation Courses | 12 Credits |
| 4 | Elective Courses | 3 Credits |
| 5 | Summer Internship Project | 3 Credits |
| 6 | Capstone Project | 3 Credits |
| 7 | Skill Development Courses | 3 Credits |
| 8 | Bloomberg Certifications | 1 Credit |
| 9 | My Social Responsibility | 1.5 Credits |
| Total Credits | 108 Credits |
Admission Process 2026
The admission process generally involves the following stages:

Documents Required
Applicants usually need:
- Class 10 Mark Sheet
- Class 12 Mark Sheet
- Graduation Mark Sheets
- Degree Certificate (if available)
- Entrance Exam Score Card
- Passport-size Photographs
- Aadhaar Card
- Identity Proof
- Transfer Certificate (if required)
- Migration Certificate (if applicable)
- Category Certificate (if applicable)
N.L. Dalmia Institute of Management Studies and Research vs IBS Mumbai vs Welingkar
N.L. Dalmia Institute of Management Studies and Research is often compared with similar institutes such as IBS Mumbai and Welingkar Mumbai. Below is a detailed comparison of these colleges.
| Criteria | N.L. Dalmia Institute of Management Studies and Research | IBS Mumbai | Welingkar Mumbai |
|---|---|---|---|
| Established Year | 1995 | 1995 | 1977 |
| Institute Type | Private Business School | Private Business School | Private Business School |
| Flagship Programme | PGDM | PGDM | PGDM |
| PGDM Selection Criteria | XAT/CMAT/MH-CET/MAT/ATMA | IBSAT/CAT/NMAT/XAT/GMAT | XAT/CMAT/MH-CET/MAT/ATMA |
| Fees(PGDM) | INR 16.5 Lakhs | INR 9.09 Lakhs | INR 14.4 Lakhs |
| Highest Package | INR 24 LPA | INR 20 LPA | INR 40 LPA |
| Top Recruiters | Bloomberg, Aditya Birla, Capital, Arcesium, Deutsche Bank | HDFC Bank, ICICI Bank, Mygate, TCS | Accenture, Morgan Stanley, Reliance Retail, EY |
| Read More | N.L. Dalmia Institute of Management Studies and Research | IBS Mumbai | Welingkar Mumbai |
N.L. Dalmia Institute of Management Studies and Research Notable Alumni
The table below shows N.L. Dalmia Institute of Management Studies and Research Institute of Management Studies & Research Notable Alumni.
| Name | Current Position / Company | Batch |
|---|---|---|
| Ms Sharon Picardo | Senior Vice President β L&K Saatchi & Saatchi | 1999β2001 |
| Ms Suruchi Lath | Senior Consultant β Capgemini | 2008β2010 |
| Mr Swapnil Salvi | Manager β Deloitte India | 2007β2009 |
| Mr Rupesh Sankhe | VP, Institutional Equity Research | Not Mentioned |
| Ms Pooja Dedhia | Director β PwC Pvt Ltd | 2006β2008 |
| Mr Ankit Kabra | Vice President β Kotak Securities | 2004β2006 |
| Mr Kunal Valia | Director β Credit Suisse | 1999β2001 |
| Ms Nivedita Parulkar | Brand Manager β Asian Paints | 2008β2010 |
N.L. Dalmia Institute of Management Studies and Research Scholarship
N.L. Dalmia Institute of Management Studies and Research Institute of Management Studies and Research offers merit-based scholarships for PGDM 2026β28 to reward high-performing candidates in national management entrance exams. Scholarships are primarily based on CAT 2025 / XAT 2026, and GMAT (taken after July 2024) scores.
In addition, the institute also extends separate scholarship slabs for CMAT 2026 and MH-CET 2026 applicants, ensuring wider access to financial support for deserving students across different exam categories.
CAT 2025 / XAT 2026 / GMAT
| Category (Percentile) | Scholarship Amount |
|---|---|
| Above 90 Percentile | INR 6.5 LPA |
| Above 85 to 89.99 Percentile | INR 4.06 LPA |
| Above 80 to 84.99 Percentile | INR 3.25 LPA |
Placements And Career Outcomes
At N. L. Dalmia, we don’t chase outlier salary figures. We focus on consistent placement outcomes, high-quality roles and building long-term career momentum for every student.
The college boasts a robust placement record with nearly 100% of students securing placements. The highest package offered was 25.5 Lakhs per annum, with an average package ranging between 9 to 12 Lakhs per annum. Top recruiters include companies such as CRISIL, ICICI Bank, HDFC Bank, Morgan Stanley, and Bloomberg, offering roles like Financial Analyst, Relationship Manager, and Consulting. Students are eligible for placements from the 4th trimester of their PGDM program.
More than 100 companies participate in the placement drive, offering packages from 6 Lakhs to 17 Lakhs per annum. The internship program is well-structured, with stipends ranging from 5,000 to 30,000 INR. Prominent internship recruiters include RBI, CRISIL, and ICICI Bank, providing roles in finance, marketing, and HR. The institute’s dedicated placement cell actively engages with companies to ensure successful placements and internships for students.

Campus Infrastructure
The campus provides facilities such as:
- Smart Classrooms
- Computer Laboratories
- Wi-Fi Campus
- Digital Library
- Bloomberg and Finance Labs (where available)
- Auditorium
- Seminar Halls
- Cafeteria
- Sports Facilities
- Student Activity Areas
Conclusion
N.L. Dalmia Institute of Management Studies & Research has established itself as a respected management institution offering quality education, experienced faculty, strong industry interaction, and career-focused learning. Its location in Mumbai provides students with valuable exposure to India’s corporate and financial ecosystem, while its industry-oriented curriculum helps bridge the gap between academic knowledge and practical business requirements.
For students aspiring to build successful careers in finance, marketing, business analytics, operations, or human resources, N.L. Dalmia Institute offers a comprehensive learning environment that combines academic rigor with professional development. By emphasizing experiential learning, internships, leadership training, and placement support, the institute equips graduates with the skills and confidence needed to thrive in today’s dynamic business landscape.
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