Master of Pharmacy [M.Pharm] + Master of Business Administration [MBA]
at Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University]
Fees
Fees at Narsee Monjee Institute of Management Studies for the Bachelor of Science [B.Sc] (Finance) program are structured at approximately 3,75,000 INR per year. There is a noted variation in the fee structure annually, with the current tuition payable through flexible options including one-time, bi-annual, or monthly installments, and even low-cost EMI plans.
Additional costs include hostel fees, which are around 3,40,000 INR annually, inclusive of amenities such as air conditioning. Although opportunities for scholarships are limited, financial assistance is available for those who demonstrate genuine financial need.
Eligibility
Eligibility for this dual M.Pharm plus MBA programme at NMIMS requires a bachelor's degree in pharmacy from a recognised university, since the programme builds on undergraduate pharmacy training before layering management education on top of it. Admission is generally decided through a combination of an entrance assessment and performance in the qualifying degree, with the specific test, its weighting and the minimum marks bar set and published by NMIMS separately for each admission cycle rather than fixed year to year. Category-based relaxations, where applicable, follow the norms in force at the time of admission. Because a dual-degree programme's requirements can be revised between sessions, applicants should always check NMIMS's current official admission notification rather than assuming a previous year's criteria still hold.
About Master of Pharmacy [M.Pharm] + Master of Business Administration [MBA]
This is a dual postgraduate programme at NMIMS in Mumbai, Maharashtra, combining a Master of Pharmacy with a Master of Business Administration in a single course of study rather than requiring students to complete the two degrees separately. Students work through the technical, laboratory and research-oriented side of the M.Pharm alongside the case-study, strategy and functional-area coursework typical of an MBA, so the programme suits pharmacy graduates who want to move beyond a purely technical or research role into management, marketing or business functions within the pharmaceutical and healthcare sector. Because NMIMS runs both a pharmacy school and a business school, the dual degree lets students draw on faculty and coursework from each side rather than treating the management component as an add-on, and the M.Pharm research or project component still carries its own dissertation or practical work expected of a pharmacy postgraduate. Graduates typically move into roles spanning pharmaceutical management, product and brand management, regulatory and quality functions, or further research, drawing on both halves of the qualification rather than one alone. NMIMS fixes the sanctioned intake for the dual M.Pharm-MBA batch each year and divides it across reservation categories and quotas through its own admission notice; because that notice is reissued every session, the one published for the year of application is the one to go by.
