Best MBA Colleges in Mumbai 2022

SBM NMIMS, SPJIMR, , Shailesh J. Mehta School of Management- [SJMSOM], and others are among the MBA colleges in Mumbai. This post contains information about MBA Colleges in Mumbai, Top MBA Colleges in Mumbai, MBA Colleges in Mumbai with Fees, and more. Many of MBA Colleges in Mumbai offer MBA (Master of Business Administration) and PGDM (Postgraduate Diploma in Management) programmes via distance learning online, and regular. Mumbai, often known as India’s “City of Dreams” and “Finance Capital,” is home to over 260 outstanding MBA Colleges in Mumbai. 57 MBA Colleges in Mumbai are authorized by ACITE,  while 17 of them are approved by UGC. MBA colleges in Mumbai fees range from 50,000 to 30 lakhs per year, depending on the college. Some of the MBA colleges in Mumbai with low fees less than INR 60,000 include KJSCCETR Mumbai,  Mumbai University, and KCCMS Mumbai. In Mumbai, there are a few government MBA colleges. There are 106 private MBA colleges in Mumbai and 11 government MBA Colleges in Mumbai. The list of Top 10 Government MBA Colleges in Mumbai includes the Mumbai University – [MU], Mumbai, National Institute of Industrial Engineering – [NITIE], Mumbai,  IIT Bombay – Indian Institute of Technology – [IITB], Mumbai, and others. SPJIMR, Mumbai, NITIE Mumbai, NMIMS, Mumbai, SIMSREE, Mumbai, SDA Bocconi Asia Center, Mumbai K J Somaiya Institute of Management, Mumbai, SIES, Mumbai, Chetana’s Institute of Management and Research, IESMCRC, Mumbai, and more in the Top 10 MBA Colleges in Mumbai. Admissions in MBA Colleges in Mumbai depend on entrance Exam such as CAT, MAT, ATMA, MAH CET and more. The MBA colleges in Mumbai provide excellent job possibilities with high pay packages and a great return on investment. The average CTC in MBA Colleges in Mumbai is INR 18-30 LPA. Amazon, HDFC, Axis Bank, Accenture,  HCL, and other top-tier corporations engage in placement drives hosted by MBA Colleges in Mumbai. The MBA in Finance Colleges in Mumbai include SPJIMR Mumbai, and SBM NMIMS Mumbai, SJMSOM Mumbai,  which are all listed among the top 10 MBA colleges in Mumbai.

Top 10 MBA Colleges in Mumbai

NMIMS, Mumbai, JBIMS Mumbai, SPJIMR, Mumbai, K J Somaiya Institute of Management, Mumbai, NITIE Mumbai, SIMSREE, Mumbai, SIES, Mumbai, Chetana’s Institute of Management and Research, IESMCRC, Mumbai, and SDA Bocconi Asia Center, Mumbai are the Top 10 MBA Colleges in Mumbai. Top MBA Colleges in Mumbai and Best MBA Colleges in Mumbai provide MBA and PGDM programmes online, offline and also distance learning. The top MBA colleges in Mumbai, along with their fees structures, are listed below:Show 102550100 entriesSearch:

College Name	Average Fees(INR)
SPJIMR, Mumbai	17,50,000
NMIMS, Mumbai	19,76,000
NITIE Mumbai	12,53,000
JBIMS Mumbai	6,00,000
K J Somaiya Institute of Management, Mumbai	14,94,000
SIES, Mumbai	7,20,000
SIMSREE, Mumbai	1,46,000
IESMCRC, Mumbai	6,00,000
Chetana’s Institute of Management and Research	6,60,000
SDA Bocconi Asia Center, Mumbai	18,60,000

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MBA Colleges in Mumbai with Fees 

There are over 106 private MBA Colleges in Mumbai and 11 government MBA Colleges in Mumbai out of 262 MBA colleges in Mumbai. MBA colleges in Mumbai with fees that range from Indian Rupees 50,000 to 30 lakhs per year, depending on the college. Here Is the list of MBA Colleges in Mumbai with fees which is given below:Show 102550100 entriesSearch:

Institute Name	Fees (In Rs lakhs)
K J Somaiya Institute of Management	14.93
Prin. L. N. Welingkar Institute of Management Development & Research	11
IMT Nagpur: Institute of Management Technology	14
SP Jain School of Global Management - Dubai - Mumbai - Singapore - Sydney	38.78
IIT BOMBAY: Shailesh J Mehta School of Management Mumbai	8.73
SIES College of Management Studies, Navi Mumbai	9
N. L. Dalmia Institute of Management Studies and Research, Mumbai	8.7
IES Management College And Research Centre, Mumbai	8.27
IIM Nagpur: Indian Institute of Management	13.75
ITM Navi Mumbai: ITM Group of Institutions	9.3

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MBA Colleges in Mumbai with Low Fees

MBA colleges in Mumbai fees range from 50,000 to 30 lakhs per year, depending on the college. Some of the MBA colleges in Mumbai with low fees less than INR 60,000 include KJSCCETR Mumbai,  Mumbai University, and KCCMS Mumbai. The following are the MBA colleges in Mumbai with low fees:Show 102550100 entriesSearch:

Name of the College	Average Annual Fees
K. C. College of Management Studies - [KCCMS], Mumbai	INR 45,000
Indian School of Management & Studies - [ISMS], Mumbai	INR 44,090
Mumbai University - [MU], Mumbai	INR 55,000
K. J. Somaiya Comprehensive College of Education Training and Research - [KJSCE], Mumbai	INR 36,250
IIT Bombay - Indian Institute of Technology - [IITB], Mumbai	INR 50,400
National Academy of Management Studies - [NAMS], Mumbai	INR 25,000
Hansraj Jivandas College of Education, Mumbai	INR 6,600
University of Mumbai, Institute of Distance & Open Learning - [IDOL], Mumbai	INR 17,625
SNDT Women's University, Centre of Distance Education - [SNDT CDE], Mumbai	INR 15,800
Thakur Institute of Management Studies and Research - [TIMSR] Mumbai	INR 63,791

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Top 10 Government MBA Colleges in Mumbai

The list of Top 10 Government MBA Colleges in Mumbai includes the Mumbai University – [MU], Mumbai, National Institute of Industrial Engineering – [NITIE], Mumbai,  IIT Bombay – Indian Institute of Technology – [IITB], Mumbai, and others. SPJIMR, Mumbai, NITIE Mumbai, NMIMS, Mumbai, SIMSREE, Mumbai, SDA Bocconi Asia Center, Mumbai K J Somaiya Institute of Management, Mumbai, SIES, Mumbai, Chetana’s Institute of Management and Research, IESMCRC, Mumbai, and more in the Top 10 MBA Colleges in Mumbai. There are total 11 MBA Colleges in Mumbai Government.  The following is a list of the top 10 MBA colleges in Mumbai, along with their average annual fees:Show 102550100 entriesSearch:

Name of the College	Average Annual Fees
Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai	INR 6,91,000
National Institute of Industrial Engineering - [NITIE], Mumbai	INR 7,03,000
IIT Bombay - Indian Institute of Technology - [IITB], Mumbai	INR 50,400
Mumbai University - [MU], Mumbai	INR 55,000
Shreemati Nathibai Damodar Thackersey Women's University - [SNDT], Mumbai	INR 1,00,905
Hansraj Jivandas College of Education, Mumbai	INR 6,600
Thakur Institute of Management Studies and Research - [TIMSR] Mumbai	INR 63,791
Vikas Night College of Arts Science and Commerce, Mumbai	-
Thakur Global Business School - [TGBS], Mumbai	INR 4,80,000
Sasmira The Synthetic and Art Silk Mills Research Association - [SASMIRA], Mumbai	INR 1,99,000

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MBA Colleges in Mumbai without Entrance Exam

An entrance exam score is a requirement for admission to any prestigious management institute or business school. A student can also apply for direct admission to an MBA programme without taking an entrance exam. Here is a list of MBA colleges in Mumbai without entrance exam scores which is given below:Show 102550100 entriesSearch:

Institute Name	Course Offered	Fees (INR)
A.C Patil College of Engineering (ACPEC)	MBA	1.82 Lakh
Aditya Institute of Management Study and Research	MBA/MMS	7.60 Lakh
Amity Global Business School AGBS Mumbai	MBA	6.24 Lakh
Amity University (AU Mumbai)	MBA/MMS	7.44 Lakh
Anjuman-I-Islams Allana Institute of Management Study(AIAIMS)	MBA/MMS	1.20 Lakh
Aruna Manharlal Shah Institute of Management and Research (AMSIMR)	MBA	3.0 Lakh
Atharva Institute of Management studies	MBA	7.68 Lakh
Athena School of Management	MBA/MMS	12.0 Lakh
BVIMSR	MBA/MMS	4.59 Lakh
Chetana's Institute of Management and Research(CMIR)	MBA/MMS	7.50 Lakh

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MBA Colleges in Mumbai through CAT

MBA colleges in Mumbai shortlist and admit students to their flagship MBA/PGDM programmes based on CAT 2021 scores. Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai is a student favourite and one of the MBA colleges in Mumbai, with a low fee structure, and high placements. This MBA college in Mumbai has a CAT score cut off of 95+ percentile! Other top MBA colleges in Mumbai through CAT 2021 scores include SPJIMR Mumbai, NITIE Mumbai, SJMSOM-IIT Mumbai, Kohinoor Business School, and IIM Nagpur.Show 102550100 entriesSearch:

MBA Colleges in Mumbai accepting CAT Score	Expected Cut Off
SPJIMR Mumbai	CAT 90-100
IIT BOMBAY Mumbai	CAT 80-90
NITIE Mumbai	CAT 80-90
K J Somaiya Institute of Management Mumbai	CAT 87
BITS School of Management - BITSOM	CAT 80-90
Prin. L. N. Welingkar WE School Mumbai	CAT 70-80
Vijay Patil School of Management (VPSM): DY Patil University Navi Mumbai	CAT 70-80
Institute of Management Technology Nagpur	CAT 70-80
SDA Bocconi Mumbai	CAT 70-80
SIMSREE Mumbai	CAT 75

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MBA Colleges in Mumbai Accepting MAT Score

Admission in the Top MBA colleges in Mumbai requires the Entrance exam. One of the entrance exams is MAT. Here is the list of Top MBA Colleges in Mumbai Accepting MAT Score which is given below:Show 102550100 entriesSearch:

MBA Colleges in Mumbai Accepting MAT score	Expected MAT Cut off percentile
SIES School of Business Studies Navi Mumbai	80-90
ITM Navi Mumbai	60-70
Chetana’s CIMR Mumbai	80-90
N. L. Dalmia Institute of Management Studies and Research Mumbai	70-80
Vivekanand Business School (VBS) Mumbai	70-80
IES Management College And Research Centre (IESMCRC) Mumbai	70-80
MET Mumbai	70-80
Kohinoor Business School Mumbai	70-80
Durgadevi Saraf Institute of Management Studies Mumbai	70-80
Vijaybhoomi University Mumbai	70-80

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 MBA Colleges in Mumbai accepting CMAT Score

More than 100 MBA colleges in Mumbai accepting CMAT scores for admission to their flagship MBA/PGDM programmes. We have compiled a list of Top MBA Colleges in Mumbai Accepting CMAT Score based on the most recent rankings, placements, CMAT Colleges in Mumbai with Fees, and other information. Show 102550100 entriesSearch:

MBA Colleges in Mumbai Accepting CMAT score	Expected CMAT Cut Off
K J Somaiya Institute of Management Mumbai	80-100
Welingkar WE School Mumbai	80-90
IMT Institute of Management Technology Nagpur	80-100
Sydenham SIMSREE Mumbai	80-90
SIES School of Business Studies Navi Mumbai	80-90
ITM Navi Mumbai	60-70
Chetana’s CIMR Mumbai	80-90
N. L. Dalmia Institute of Management Studies and Research	70-80
Vivekanand Business School (VBS) Mumbai	70-80
IES Management College And Research Centre Mumbai	70-80

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MBA Colleges in Mumbai through CET

MBA/MMS is a low-fee, high-return-on-investment flagship two-year full-time MBA programme provided by 400 MBA colleges in Mumbai and the rest of Maharashtra based on the state-level MAHCET test administered by the Maharashtra government. The MMS or MBA in Mumbai offered through government guidance is a low-cost, high-return management programme. MBA Colleges in Mumbai accepting MAHCET scores for admission, including JBIMS Mumbai, SIMSREE Mumbai, K J Somaiya Mumbai, DSIMS Mumbai, SIES Mumbai, IES MCRC Mumbai, ITM Navi Mumbai, VESIM Mumbai, and Welingkar Mumbai. In the 400 MBA colleges in Mumbai and the rest of Maharashtra that recognise MAHCET scores, 15% of the seats are reserved for All India category students. Through DTE, Government of Maharashtra counselling, there are around 44000 total MBA/MMS/PGDM seats available in MBA institutes in Maharashtra.Show 102550100 entriesSearch:

College	MHRD 2017	MBAU 2016-17	BT Ranking 2017	Fee (Rs Lakhs)	Avg Salary (Rs Lakhs)	Exam Cut off percentile
SP Jain SPJIMR Mumbai	18	6	4	16	20.9	MAH CET 55
NMIMS Mumbai	34	6	11	17.5	17.58	MAH CET 60
NITIE Mumbai	12	16	13	8.1	17.09	MAH CET 70
IIT BOMBAY Mumbai		25	22		17.63	MAH CET 55
Institute of Management Technology (IMT) Nagpur		36	59	12	7.5	MAH CET 96+
IES Management IES MCRC Mumbai		58	143	6	6	MAH CET 70
Bharati Vidyapeeth`s BVIMSR Mumbai				4.9	4.5	MAH CET 70
Prin. L. N. Welingkar WE School Mumbai	46		30	11		MAH CET 80
SIESCOMS Navi Mumbai			53	7.2	6.7	MAH CET 70

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Distance MBA Colleges in Mumbai 

Distance MBA in Mumbai is a two-year postgraduate degree that is authorized by the UGC and requires you to study business administration. Mumbai is regarded as one of the destinations where you may realize your goals not just in the film industry, but also in business.

Some of the largest universities in India are located in Mumbai, Maharashtra State. The city is loaded with competition everywhere, and students and working professionals alike opt for online/distance courses to fulfil their entrance and get experience in the sector. As a result, there are several institutes that provide students with online/distance education.Show 102550100 entriesSearch:

List of Distance MBA Universities in Mumbai	Fee (INR)
NMIMS	68,000
Welingker Institute	50,000
IGNOU	31,500
YCMOU	17,500
MGAHV	15,000
SNDT	Rs. 4,125 to Rs. 20,000
SCDL	37,000
Dr. D.Y. Patil Vidyapeeth	75,000
Shivaji University	19,975
Periyar University	Rs. 17,015 to 20,000

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Frequently Asked Questions:

Q1. Which is the No 1 colleges in Mumbai?

Ans. In this you can find Top 10 MBA colleges in Mumbai with their fees structure.

Q2. Is MBA worth in Mumbai?

Ans. At the Mumbai campus, the highest salary for the MBA HR batch was INR 21 LPA. PPOs were also awarded to 24 percent of the MBA Core batch and 23 percent of the MBA HR batch during the placement. The MBA program’s average salary was 18.45 LPA.

Q3. What are the different specialisations offered in MBA colleges in Mumbai?

Ans. The following are the top seven specialisations offered by MBA colleges in Mumbai: Finance Entrepreneurship Operations Marketing and sales Business Economics, Family Business, and Human Resources are all terms used in the business world.

Q4. Which is the best college for MBA in Mumbai based on placements?

Ans. National Institute of Industrial Engineering (NITIE), Mumbai Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay, Mumbai SPJIMR, Mumbai KJ Somaiya Institute of Management, Mumbai NMIMS School of Business Management, Mumbai are the top five MBA colleges in Mumbai in terms of placements.

Q5. Which MBA Colleges in Mumbai provide the best study material?

Ans. All of the institutes on our list of the Best MBA Colleges in Mumbai offer excellent study materials, but Rank 1 is widely regarded as the best by students.