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Best MBA Colleges in Mumbai for Finance

Best MBA Colleges in Mumbai for Finance

Top MBA Colleges in Mumbai 2022 includes SPJIMR, SBM NMIMS, IIT Bombay, Shailesh J. Mehta School of Management- [SJMSOM] and more. In This article you will find Top MBA Colleges in Mumbai and Best MBA colleges in Mumbai, and MBA Colleges in Mumbai with Fees and more.

 Saurav Anand
 Saurav Anand 30/05/2022
30/05/2022
Digital Marketer | Content Specialist & Researcher | Content Marketing @FormsADDA @Formfees- Empowering individuals to unlock the potential of their businesses through the limitless opportunities...read more

Best MBA Colleges in Mumbai for Finance

Top MBA Colleges in Mumbai 2022 includes SPJIMR, SBM NMIMS, IIT Bombay, Shailesh J. Mehta School of Management- [SJMSOM] and more. In This article you will find Top MBA Colleges in Mumbai and Best MBA colleges in Mumbai, and MBA Colleges in Mumbai with Fees and more. Many Top MBA colleges in Mumbai offer MBA (Master of Business Administration) and PGDM (Postgraduate Diploma in Management) programmes online, in person, and in distance learning. Over 260 top MBA colleges are located in Mumbai, also known as India's "City of Dreams" and the "Finance Capital." Over 57 Top MBA colleges in Mumbai have gained approval from the AICTE, whereas 17 have been approved by the UGC. 

MBA colleges in Mumbai with fees that range from Indian Rupees 50,000 to 30 lakhs per year, depending on the college. KCCMS Mumbai, Mumbai University, and KJSCCETR Mumbai are some of the top MBA colleges in Mumbai with low fees than INR 60,000. There are some Government MBA Colleges in Mumbai. National Institute of Industrial Engineering - [NITIE], Mumbai, Mumbai University - [MU], Mumbai, IIT Bombay - Indian Institute of Technology - [IITB], Mumbai and more are in the list of Top 10 Government MBA Colleges in Mumbai. NMIMS, Mumbai, SPJIMR, Mumbai, JBIMS Mumbai, NITIE Mumbai, K J Somaiya Institute of Management, 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. . There are Top MBA colleges in Pune 2022, such as MU College of Commerce and National Insurance Academy - [NIA] Pune, offer MBA programmes in distance learning regular,  and part –time formats.In this website you will get all details of MBA colleges in DelhiBBA colleges in Mumbai, MBA colleges in Bangalore.

Best MBA Colleges in Mumbai for Finance

The majority of the city's management schools offer an MBA with Finance as a concentration degree. The course provides students with the information and abilities they need to succeed in financial institutions. The training can lead to a prosperous job in any of the top global corporations or recognised government-aided institutions. The Colleges in Mumbai that provide the desired MBA Finance programme are mentioned below.

MBA in Finance Colleges in Central Mumbai

Alkesh Dinesh Mody Institute For Financial & Management Studies

K.J. Somaiya Institute of Management Studies & Research

L.S. Raheja College of Arts & Commerce

MET Institute of Management

Mukesh Patel School of Technology Management & Engineering, NMIMS University

School of Business Management, NMIMS University

Bharati Vidyapeeth’s BVIMSR Centre for Business Education

Dr. D.Y Patil Institute of Management Studies

Guru Nanak Institute of Management Studies

IES Management College & Research Centre

Indian Institute of Technology

ITM Executive Education Centre

Jankidevi Bajaj Institute of Management Studies

JK Institute of Technology & Management

School of Commerce, NMIMS University

The Indian Institute of Planning & Management

Vasntadada Patil Pratishthan’s Institute of Management Studies

Vidyalankar Institute of Technology

Welingkar Institute of Management Development & Research

MBA in Finance Colleges in North Mumbai

MBA in Finance Colleges in North Mumbai

Aegis School of Business

Atharva School of Business

ICFAI Business School

Jamnalal Bajaj Institute of Management Studies

Jashbhai Maganbhai Patel College of Commerce

M.E.S. Humera Khan Institute of Management Studies & Research

Rajasthani Sammelan’s Management Institute

ASM’s Institute of Management & Computer Studies

Atharva Institute of Management Studies

  1. Francis Institute of Management & Research

MBA in Finance Colleges in South Mumbai

MBA in Finance Colleges in South Mumbai

Anjuman Khairul Islams’s College

Asian Institute of Management

Sydenham Institute of Management Studies & Research & Entrepreneurship Education

Bushra International Institute of Graduate Studies

Indian Institute of Banking and Finance (IIBF)

Indian Institution of Export & Import Management

Jamnalal Bajaj Institute of Management Studies

K.P.B. Hinduja College of Commerce

Lala Lajpat Rai Institute of Management

MBA in Finance Colleges in Navi Mumbai

MBA in Finance Colleges in Navi Mumbai

Bharati Vidyapeeth’s Institute of Management Studies & Research

Institute of Business Studies & Research

ITM Business School

ITM Institute of Financial Markets

Oriental Institute of Management

SIES College of Management Studies 

Best Colleges in Mumbai:Highlights

ParametersParticulars/ Statistics
No. of top MBA colleges in Mumbai (by NIRF)Six
Annual fees- Annual fee more than INR 5 lakh: 16.67 per cent
- Annual fee less than INR 1 lakh: 83.33 per cent
Top specialisationsOperations, Entrepreneurship, Finance, Sales and Marketing, Business Economics, Family Business, Human Resources, IT and Systems, International Business, Retail, among others
Admission ProcessEntrance-based: CAT, MAT, XAT, CMAT, NMAT, ATMA, SNAP
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Top 10 MBA Colleges in Mumbai

NMIMS, Mumbai, SPJIMR, Mumbai, JBIMS Mumbai, NITIE Mumbai, K J Somaiya Institute of Management, 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:

College NameAverage Fees(INR)
SPJIMR, Mumbai17,50,000
NMIMS, Mumbai19,76,000
NITIE Mumbai12,53,000
JBIMS Mumbai6,00,000
K J Somaiya Institute of Management, Mumbai14,94,000
SIES, Mumbai7,20,000
SIMSREE, Mumbai1,46,000
IESMCRC, Mumbai6,00,000
Chetana’s Institute of Management and Research6,60,000
SDA Bocconi Asia Center, Mumbai18,60,000

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:

Institute NameFees (In Rs lakhs)
K J Somaiya Institute of Management14.93
Prin. L. N. Welingkar Institute of Management Development & Research11
IMT Nagpur: Institute of Management Technology14
SP Jain School of Global Management - Dubai - Mumbai - Singapore - Sydney38.78
IIT BOMBAY: Shailesh J Mehta School of Management Mumbai8.73
SIES College of Management Studies, Navi Mumbai9
N. L. Dalmia Institute of Management Studies and Research, Mumbai8.7
IES Management College And Research Centre, Mumbai8.27
IIM Nagpur: Indian Institute of Management13.75
ITM Navi Mumbai: ITM Group of Institutions9.3
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Top MBA Colleges in Mumbai with Low Fees

The average annual fee in Top MBA colleges in Mumbai for pursuing MBA programmes is INR 55,000 - 23 Lakhs. KCCMS Mumbai, Mumbai University, and KJSCCETR Mumbai are some of the top MBA colleges in Mumbai with low fees than INR 60,000. The following are the Top MBA colleges in Mumbai with low fees:

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

Top 10 Government MBA Colleges in Mumbai

IIT Bombay is one of the Top 10 Government MBA Colleges in Mumbai. National Institute of Industrial Engineering - [NITIE], Mumbai , Mumbai University - [MU], Mumbai, Women's University - [SNDT], Mumbai, Hansraj Jivandas College of Education, Mumbai are in the list of Top 10 Govrnment MBA colleges in Mumbai. The following is a list of the top 10 MBA colleges in Mumbai, along with their average annual fees:

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

Top MBA Colleges in Pune

There are Top MBA colleges in Pune 2022, such as MU College of Commerce and National Insurance Academy - [NIA] Pune, offer MBA programmes in distance learning regular,  and part –time formats. Here are the Top MBA colleges in Pune along with their fees structure which are given below:

MBA Colleges in BangaloreType of MBA CollegeFee for MBA College in Bangalore (Rs.in Lakhs)
IIM Bangalore: Indian Institute of ManagementCentral Government Autonomous Institute23.2
TAPMI Manipal: T A Pai Management InstituteAICTE approved PGDM College15.1
SIBM Bangalore: Symbiosis Institute of Business ManagementSymbiosis International University (SIU) Pune MBA college16
Amrita School of Business, BengaluruAmrita Vishwa Vidyapeetham University, Bengaluru10.6
XIME Bangalore: Xavier Institute of Management and EntrepreneurshipAICTE approved PGDM College11
Christ University Bengaluru: Institute of ManagementChrist University Bangalore MBA college7.85
Alliance School of Business - Alliance UniversityAlliance University Bangalore MBA college13.5
JAGSOM Bangalore: Jagdish Sheth School of Management BangaloreAICTE approved PGDM College12
SDMIMD Mysore: SDM Institute For Management DevelopmentAICTE approved PGDM College11.2
Indus Business Academy - IBA BangaloreAICTE approved PGDM College8.51
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MBA colleges in Bangalore 

MBA colleges in Bangalore offer more MBA options in Bangalore by providing high-quality education at a low cost and with a high return on investment. The most prestigious MBA programmes in Bangalore are listed alphabetically below. These MBA colleges in Bangalore have provided a diverse range of MBA courses with effective learning and industry interaction over the years, and they are on par with top IIMs. Aside from the top MBA colleges in Bangalore, which are listed in descending order, there are over 100 management institutes in Bangalore that offer quality MBA in Bangalore. Here is the list of MBA colleges in Bangalore along with their fees structure which is given below:

College/ University NameAverage Annual Fees
Department of Management Studies, Indian Institute of Technology Delhi - IIT Delhi - [DMS IITD]INR 10,80,000 (Total Fees)
LBSIM - Lal Bahadur Shastri Institute of Management, New DelhiINR 7,20,000
Birla Institute of Management Technology - [BIMTECH], Greater NoidaINR 12,00,000 (Total fees)
Faculty of Management Studies, Manav Rachna International Institute of Research and Studies, FaridabadINR 96,000
JIMS Rohini, Sector-5 - Jagan Institute of Management StudiesINR 15,90,000 (Total Fees)
Management Development Institute, GurugramINR 9,43,000
Indian Institute of Foreign Trade - [IIFT], New DelhiINR 9,39,000
IMI Delhi - International Management Institute, New DelhiINR 9,11,850
IIM Rohtak - Indian Institute of ManagementINR 8,35,000
Amity University, NoidaINR 6,08,000

MBA colleges in Delhi

Delhi NCR is home to some of India's most prestigious government and private MBA colleges. The table below contains a list of the MBA colleges in Delhi NCR, as well as their average annual fee structure:

Institute NameCourse OfferedFees (INR)
A.C Patil College of Engineering (ACPEC)MBA1.82 Lakh
Aditya Institute of Management Study and ResearchMBA/MMS7.60 Lakh
Amity Global Business School AGBS MumbaiMBA6.24 Lakh
Amity University (AU Mumbai)MBA/MMS7.44 Lakh
Anjuman-I-Islams Allana Institute of Management Study(AIAIMS)MBA/MMS1.20 Lakh
Aruna Manharlal Shah Institute of Management and Research (AMSIMR)MBA3.0 Lakh
Atharva Institute of Management studiesMBA7.68 Lakh
Athena School of ManagementMBA/MMS12.0 Lakh
BVIMSRMBA/MMS4.59 Lakh
Chetana's Institute of Management and Research(CMIR)MBA/MMS7.50 Lakh
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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:

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

Top MBA Colleges in Mumbai through CAT

Top 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 best MBA colleges in Mumbai, with a low fee structure, and high placements. This top 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.

Top 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:

MBA Colleges in Mumbai Accepting MAT scoreExpected MAT Cut off percentile
SIES School of Business Studies Navi Mumbai80-90
ITM Navi Mumbai60-70
Chetana’s CIMR Mumbai80-90
N. L. Dalmia Institute of Management Studies and Research Mumbai70-80
Vivekanand Business School (VBS) Mumbai70-80
IES Management College And Research Centre (IESMCRC) Mumbai70-80
MET Mumbai70-80
Kohinoor Business School Mumbai70-80
Durgadevi Saraf Institute of Management Studies Mumbai70-80
Vijaybhoomi University Mumbai70-80

Frequently Asked Questions

1. Which is the No 1 colleges in Mumbai?

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

2. Is MBA worth in Mumbai?

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.

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

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.

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

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.

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

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.

6. Is IIM B good for Finance?

Indian Institute of Management Bangalore is an excellent MBA programme, particularly in marketing, operations, and consulting. It's not great for finance. There are several chances, and the amenities are also excellent. Hostels are also well-kept.

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

All of the colleges on our list of the Finest MBA Colleges in Mumbai offer excellent study materials, but Rank 1 is often regarded as the best by students.

8. Which institute is best for MBA College in Mumbai?

Various colleges are regarded as the finest MBA Colleges in Navi Mumbai. In this post, we have listed the best ten MBA colleges in Mumbai. Rank 1 is seen to be the best.

9. Can I take admission in MBA without entrance exam?

MBAs are difficult to complete but not impossible. Many prospective students wonder if an MBA is too challenging for a typical student. The simple answer is "most likely not." But, as you'll certainly discover during your MBA programme, your attitude accounts for more than half of your professional performance.

10. Can I get admission in MBA without cat?

According to the AICTE (Ministry of Human Resources Development), PGDM B-schools can accept any of the six national tests: CAT, XAT, CMAT, MAT, ATMA, or GMAT. Many universities that are not among the top 100 B-schools provide direct MBA admission without the need for an entrance exam to fill the seat quota.

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