Best MBA Colleges in Mumbai
One of India’s oldest universities, Mumbai University, is in the city of Mumbai. The city is home to many major investment firms and the commercial offices of many Indian and international companies, making it a great place to live. Because there are so many great MBA schools in Mumbai, it has become one of the best places to get an MBA. The best colleges in Mumbai help students improve their academic and business skills and also offer great job opportunities. Most MBA schools in Mumbai will accept scores from the CAT exam as well as marks from other national and state level exams. The list of MBA colleges in Mumbai below is meant to help people who want to get an MBA find the best schools. Please keep in mind that all of the schools listed below are great, even if the rankings don’t show it.
Rankings
The rankings of MBA colleges in Mumbai can vary depending on the criteria used. However, some of the consistently top-ranked institutions include:
| Colleges | Exams Accepted | Fees Strusture | Annual Avg. Package |
| SPJIMR | CAT, GMAT | 24 lakh | 33 LPA |
| JBIMS Mumbai | CAT, CMAT, GMAT, MAT, MAHCET | 6 lakh | 28.02 lakh |
| IIM Mumbai | CAT | 21 lakh | 27.75 LPA |
| SJMSOM (IIT-B) | CAT | 14 lakh | 28.88 LPA |
| TISS Mumbai(HRM & LR) | CUET-PG | 1.85 lakh | 27.22 LPA |
| NMIMS Mumbai | NMAT | 24 lakh | 26.63 LPA |
| SIMSREE | CAT, CMAT, MAHCET | 1.34 lakh | 12.30 LPA |
| BITSOM | CAT, GMAT, GRE | 27.2 lakh | 23 LPA |
| KJ Somaiya | CAT, XAT, GMAT, NMAT, and CMAT | 16-17 lakh | 12.32 LPA |
| NMIMS Navi Mumbai | NMAT | 18 lakh | 13.6 LPA |
| Welingkar Mumbai | CAT, XAT, CMAT, ATMA | 14 lakh | 12.94 LPA |
Low-cost MBA schools in Mumbai Below
The fees for MBA programs in Mumbai can vary significantly depending on the college and the specific program. However, you can expect to pay anywhere from a few lakhs to over a million rupees for a two-year MBA program.
| MBA colleges | Fees (In Lakh) |
| Indian Institute of Technology, Bombay (IIT-B SJMSOM) (MBA) | INR 16.00 |
| Jamnalal Bajaj Institute of Management Studies (JBIMS) (MMS) | INR 9.00 |
| Tata Institute of Social Sciences, Mumbai (TISS) (HRM) | INR 2.07 |
| Jio Institute – PGP in AI&DS Programme | INR 9.75 |
| SIMSREE Mumbai – MMS | INR 4.38 |
| NL Dalmia Institute of Management Studies and Research (PGDM) | INR 14.70 |
| SIES School of Business Studies (PGDM Core + Biotech + Pharma + MMS) | INR 12.00 |
| Aditya Institute of Management Studies and Research (AIMSR)- INR 7.90 | INR 7.90 |
| Shreemati Nathibai Damodar Thackersey Women’s University (SNDT) | INR 1.02 |
| Chetana’s Institute of Management and Research (CIMR) | INR 9.0 |
| Xavier Institute of Management and Research | INR 5.56 |
| MET Institute of Post Graduate Diploma in Management | INR 11.05 |
| Mumbai University | INR 50,000 |
Admissions ( How to Get into MBA Colleges in Mumbai )
The following parts make up the admissions process for MBA schools in Mumbai:
=> To get into an MBA program in Mumbai, you need to have completed at least three years of college and earned at least 50% in your bachelor’s degree.
=> The applicant must take one of the acceptable MBA entrance exams and apply for admission to the preferred institute. For example, SPJIMR, NITIE, and IIT Bombay will only accept CAT scores; NMIMS will accept NMAT scores; JBIMS and SIMSREE will accept MAHCET scores for candidates from Maharashtra State; and all India candidates will be able to use CAT, XAT, CMAT, or MAHCET scores.
=> You will be shortlisted based on how well you did on the MBA entrance test, in school, and at work.
=> For MBA entry at JBIMS, SIMSREE, and other business schools with ties to universities, the DTE CAP round will be used.
=> Once you get the final MBA entry offer, you have until the due date to pay the acceptance/admission fees.
The best MBA schools in Mumbai: Courses
The courses that the best MBA schools in Mumbai offer are shown in the table below.
| College | Courses |
| SBM NMIMS Mumbai | MBA in Business Analytics, MBA in Healthcare Management, MBA in Human Resources, etc. |
| SPJIMR Mumbai | PGDM in Business Management |
| NMIMS Mumbai | MBA in Business Analytics, MBA in Healthcare Management, MBA in Business Analytics, etc. |
| K J Somaiya Institute of Management | MBA in Healthcare Management, MBA in Sports Management, etc. |
| ITM Business School | MBA iConnect in Marketing, MBA iConnect in FinTech, MBA iConnect in Finance, etc. |
MBA colleges in Mumbai offer a variety of specializations, including:
- Finance: Corporate finance, investment banking, financial markets
- Marketing: Brand management, advertising, market research
- Human resources: Organizational behavior, talent management, employee relations
- Operations management: Supply chain management, logistics, quality control
- Consulting: Strategic consulting, business analysis, project management
Placements of Jobs
The strong business climate in Mumbai and the good status of its MBA schools make it easy for graduates to find good jobs. Some of the best recruiters are top consulting firms, banks, international companies, and new businesses.
Note: This information only gives you a broad picture of the colleges. To make an informed choice, you need to do a lot of research on each one. You should also think about things like the program’s curriculum, the faculty’s knowledge, and the campus’s facilities.
