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NMAT Exam Fees 2024: Registration Process, NMIMS Fees Structure, Refund Policy

Author : Jahanvi Gupta

December 5, 2024

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Overview: The NMAT exam 2024 will commence on 5 November 2024. Read on to know the NMAT exam fees 2024, NMAT college fees, the details of available financial assistance, and more.

  • Narsee Monjee Aptitude Test is an MBA entrance exam conducted by the Graduate Management Admission Council.
  • GMAC has released the NMAT 2024 notification, and the NMAT registration start date is 1 August 2024, and NMAT registration's last date is 10 October 2024.
  • The last date for NMAT exam retake registration is 16 December 2024.
  • The NMAT registration fees is INR 3000 plus applicable taxes for all candidates.
  • If you wish to apply for more than the initial five B schools, you must pay an extra NMAT registration fees of INR 400 (plus taxes) per school.

Scroll down to get the complete information about the NMAT exam fee structure for MBA 2024!

Also Read | NMAT Notification 2024 (Out)

NMAT Exam Fees 2024

Before applying to the NMAT fees 2024, let's understand the NMAT registration details. Here are the NMAT fee structure for 2024:

Particulars Fees for NMAT Exam
NMAT Exam Registration Fees INR 3000 + applicable taxes
NMAT Reschedule fee INR 1200 + applicable taxes
NMAT Retake Fees INR 3000 + applicable taxes
Additional fees to share NMAT Score with other B-Schools (beyond first five) INR 400 per Score Report + applicable taxes

NOTE: The fees for the NMAT exam are the same for all the categories.

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NMAT Exam Highlights 2024

  • NMAT by GMACTM is a computer adaptive test that evaluates a candidate's ability based on their responses to tailored questions.
  • The test can be attempted up to three times during a 70-day window, with the next attempt scheduled after the first.
  • Candidates can take the test at a test centre or online from home.
  • NMAT Test centres are available in over 70+ cities in India, and unofficial scores are provided immediately.
  • All three exam sections carry equal weightage, and there is no negative marking for wrong answers.

Read More | NMAT Selection criteria 

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NMAT Registration Fees 2024 Process

Here are the steps you need to follow to complete the NMAT exam notification process:

  • Click 'Register for NMAT by GMAC™' on mba.com/nmat and create an account using a valid email address.
  • Fill out the remaining details under 'Manage NMAT Profile.'
  • Verify your account by following the instructions provided in the email you have received.
  • You can access the Candidate Dashboard by clicking the "NMAT by GMAC™ "Dashboard" button on the mba.com/nmat page.
  • Fill out the application on the Candidate Dashboard and ensure that your name and date of birth match the information on your Photo ID. 
  • In the School Preferences section, you can select up to 5 programs to receive your scores. If you need to send your scores to additional programs, then extra fees will be charged.
  • Upload a photograph that resembles you and your Photo ID on the admit card.
  • Submit payment for the NMAT exam form fees.

Also Read | NMAT Exam Marking Scheme 2024

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NMAT Exam Fees – Scheduling Process 2024

  • Register and pay for your NMAT form fees from your Candidate Dashboard.
  • Schedule your exam appointment at least 24 hours in advance.
  • You can choose between taking the exam at a test centre or online proctored at home.
  • Note that you've booked your appointment; you cannot switch between these two options for that appointment.
  • If you want to take the exam at a test centre in India, click on the Book Exam button and choose your country, city, test centre, and the date and time you want.
  • If you want to take the exam online, proctored, at home in India, or anywhere else, click the Book Exam button and fill out the My Profile section before scheduling your exam appointment.

Also Read | NMAT Test Centres 2024

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NMAT Exam Fees Retake Process 2024

Here are the steps for NMAT fees for MBA exam:

  • You can take the NMAT by GMAC™ exam three times during the year's testing cycle, including the first attempt and a maximum of two retake attempts.
  • To register for a retake, click the Retake section in your dashboard, select the exam mode, and pay the NMAT retake fees.
  • You can schedule a retake after completing a planned attempt and 15 days from the previous effort.
  • If you were a no-show, did not agree to the non-disclosure agreement, or your exam was marked as incomplete, you can schedule a retake attempt immediately for any slot after 24 hours.
  • The process for scheduling a retake attempt at a test center and online is the same as planning the first attempt, with the NMAT exam fees applicable for each attempt.

Attempt: Practice NMAT Mock Tests

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NMAT 2024 Registration Fees – NMIMS Fees Structure  2024

Here are the details about the NMIMS Mumbai Campus

Course NMAT MBA  Fees ( in lakhs approximate) for two years
MBA Core 24
MBA HR 24
MBA Pharmaceutical Management 15
MBA Business Analytics 20
MBA Digital Transformation 20

Check: Does NMAT have negative marks

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Campus ( other than Mumbai) NMAT Colleges Fees (in lakhs approx.) for two years
Bangalore 20
Hyderabad 20
Navi Mumbai 20
Indore 17

NMIMS Placement Statistics

NMIMS Campus Highest CTC (LPA) Average CTC (LPA)
Mumbai 67.8 26.63
Bengaluru 19.7 14
Hyderabad 28 13
Navi Mumbai 25 13.6
Indore 16.8 12.5

Also Read | Top MBA Colleges Accepting NMAT 2024 Scores

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NMAT Exam Fees – Financial Assistance By NMIMS 

NMIMS provides financial assistance to students from economically weaker backgrounds. The university has published a list of banks and their schemes on its official website. Students can choose and enrol in the scheme that best suits their requirements.

Also Read | Is NMAT Easier than CAT? Know The Differences Here!

NMAT Exam Fees 2024– Fees Refund Process of NMIMS in Case of Withdrawal/Cancellation of Admission

You can choose to cancel or withdraw your admission voluntarily for any reason. The process for online admission cancellation is on the NMIMS website at https://upload.nmims.edu/admission/cancellation/.

Admission Process of Top B-Schools

NMAT Exam Fees Refund Rules

If you decide to withdraw from the program you're enrolled in, the school follows a five-tier system for refunding your NMAT MBA  fees.

Percentage of Refund of Aggregate Point of time when the notice of withdrawal of admission must be served
100% 15 days or more before the officially notified the last date of admission
90% Less than 15 days before the officially notified the last date of admission
80% 15 days or less after the notification of the last date of admission
50% Less than 30 days but more than 15 days after being officially notified of the last date of admission
00% More than 30 days after being officially notified of the last date of admission

Also Read | Does NMIMS accept CAT score

NMAT Exam Fees 2024 – Other Colleges Fees Structure

B-School NMAT Colleges Fees ( in lakhs approximate) Average CTC (LPA)     Highest CTC (LPA)   
TAPMI Manipal Structure 16.5 14.6 24.8
Great Lakes Institute of Management 17.95 18.10 34
KJ Somaiya 20.87 12.32 25.96
SPJIMR 9.5 – 22.1 22 46.5
SDA Bocconi Asia Centre 16-18 13 14.30
XIMB University 20.9 – 13.8 15.42 26.00
ISB 42.13 32.49 48
ICFAI Business School 12.06 10.42 21.09
Shiv Nadar Institute of Management Studies 11 12.46 22

Also Read |  How to download CAT Exam Admit Card

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NMAT Exam Fees 2024: Mode of Payment

You can pay the NMAT registration 2024 fees via the following modes:

  • Visa
  • MasterCard
  • American Express
  • Debit Card
  • Net Banking
  • Diners Club

Conclusion

The NMAT exam form fee for OBC and other categories is the same: INR 3000 + applicable taxes. The NMAT exam will be conducted on 5 November 2024, so if you want to apply for the NMAT 2024 exam, first go through the NMAT registration process, NMAT exam structure, NMAT exam fees, and NMAT application process.

Also Check | Boost your CAT Preparation with CAT Online Coaching

Frequently Asked Questions

How much is the fees for NMAT 2024?

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Does NMIMS refund fees?

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How can I edit my NMAT form after registration?

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What is the NMAT retake free?

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Is it mandatory to fill out NMIMS form before NMAT?

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What are the NMAT fees for MBA?

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How can I do the NMAT fees payment?

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Is there a separate fee structure for NMAT for MBA applications?

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Can I retake the NMAT exam? If so, is there a different fee?

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Is there a late registration fee for the NMAT exam?

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