Table of Contents
List of Best MBA Colleges in Mumbai
MBA is the most prestigious and lucrative degree being offered in India. Admission to the course is carried out by various Entrance Exams and exams are structured so as to access the ability of the candidates.
Get the list of the best 50 private / government MBA colleges in India based on placement, Academic excellence, Infrastructure, education, faculty, intellectual capital, etc.
Here is the list of top colleges of government for MBA applicants. These are the prestigious colleges in India. Since MBA is one of the most coveted courses in India, return on investment always remains a big attraction and proves to be substantial. Though MBA gives you a launchpad in the corporate world the price paid for it sometimes might not suit your pocket. Here are some top-tier 1 Government MBA colleges that provide the best ROI in the country.
MBA Government colleges in Mumbai offer top-quality MBA advice with high-game strategies for growing and sustaining within the business world. MBA has consistently been referred to like a saw, bringing the possibility of stopping the ladder of climbing to the top of the corporate ladder. It is regarded as unique among other major decisions made by the students of the board after graduation.
If you’re looking to have greater flexibility following the completion of your degree and are hoping to acquire abilities that employers will appreciate seeking your MBA degree will be the best choice. It provides the skills that you can use to fill the role of a manager or enter the market or simply grow in your career. In this blog, we’ll discuss everything you need to be aware of when pursuing an MBA at a government college!
The top MBA institutions in Mumbai provide MBA along with PGDM (Postgraduate Certificate in Management) via Offline, Online, and Distance learning mode. Mumbai is often referred to as the “City of Dreams” or the “Finance Capital of India” is home to more than 260 of the top MBA schools in India. There are 57 MBA institutions in Mumbai that are endorsed by AICTE and 17 are accredited by UGC. The top MBA school in Mumbai provides MBA with different specializations ranging from Marketing and Finance up to Supply Chain Management and Urban Planning.
- Of the total 262 MBA colleges in Mumbai, Around 106 are private, and 11 are MBA government-run colleges in Mumbai.
- Indian Institute of Technology – [IITIIT Bombay, National Institute of Industrial Engineering, Mumbai, and S. P. Jain Institute of Management & Research are placed at 10, 12, and 19 respectively in NIRF The ranking for 2021.
- Shailesh J. Mehta School of ManagementSJMSOM, SPJIMR, IIT Bombay, SBM NMIMS are some of the most prestigious colleges to study MBA located in Mumbai.
- MBA admissions to the best MBA colleges in Mumbai are usually made by taking an entrance exam known as the CAT. But many colleges will take other entrance examinations for management scores, such as NMAT, MAT CMAT, ATMA, MAH CET, GMAT and GRE..
- IHM Mumbai, Bharati Vidyapeeth College of Hotel and Tourism Management Studies [BVCHTMSThe IHM Mumbai, Bharati Vidyapeeth College of Hospital and Tourism Navi Mumbai ITM Institute of Hotel Management ITM Institute of Hotel Management Mumbai are among the best Hotel Management Colleges in Mumbai.
- The fees for taking MBA or PGDM courses at the top MBA schools in Mumbai vary from INR 500,00 to 30 Lakhs per year , depending on the college.
- A few of the best MBA institutions in Mumbai charge lower than INR 60,000. These include K. C. College of Management Studies [KCCMSMumbai, ISMS Mumbai, ISMS Mumbai, Mumbai University, and KJSCCETR Mumbai.
- The top MBA schools in India provide lucrative opportunities for placement with attractive packages and high ROI. The average CTC is priced at 18-30 LPA.
- Accenture, Amazon, Axis Bank, HCL, HDFC, etc. are among the top firms that take part in programs for placement offered by the best MBA schools in Mumbai.
- SJMSOM Mumbai, SPJIMR Mumbai, and SBM NMIMS Mumbai are the most prestigious colleges in Mumbai to study MBA in Finance. They are also ranked among the 10 best MBA schools in Mumbai.
Top 10 MBA Colleges in Mumbai
Tabulated below is the list of top MBA colleges in Mumbai along with their fees structure.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 |
Showing 1 to 10 of 10 entries
Top 10 Government MBA Colleges in Mumbai
Tabulated below is the list of 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 |
Showing 1 to 10 of 10 entries
Fee Structure For MBA in Government Colleges in India
Fees of MBA courses in government colleges are low. The fees in those government colleges are listed here.Show 102550100 entriesSearch:
| Colleges | Annual Fees |
|---|---|
| Jamia Millia Islamia University, New Delhi | INR 65,100 |
| University of Delhi, Faculty of Management Studies, New Delhi | INR 96,000 |
| Institute of Management Studies, Banaras Hindu University, Varanasi | INR 1,20,767 |
| Department of Management Studies, Anna University, Chennai | INR 20,500 |
| Pondicherry University, Pondicherry | INR 74,718 |
| University of Jammu, Jammu | INR 78,071 |
| Maharaja Sayajirao University of Baroda, Vadodara | INR 14,500 |
| Ganpat University, Mehsana | INR 95,000 |
| RKDF University, Bhopal | INR 50,000 |
| Department of Management Science, Savitribai Phule Pune University, Pune | INR 66,194 |
Showing 1 to 10 of 10 entries
MBA Colleges in Mumbai: Eligibility Criteria –
The eligibility criteria established by various colleges are designed to ensure that admission is granted to students who are qualified for the course. The criteria vary accordingly, but the candidate must meet the eligibility criteria in order to be admitted to the course. The candidate must obtain the required marks in order to be admitted to the course. As a result, the eligibility criteria are designed to admit qualified students.
MBA Eligibility –
Candidates seeking an MBA must have a bachelor’s degree with at least 50 percent or equivalent from a recognized board or university. They also take college and university entrance exams.
MBA Colleges in Mumbai: Admission Process
Every college’s admission process is unique based on the norms and regulations that they establish. The admission process is based on either a merit list or the candidate’s performance on the entrance examination. To be admitted to the course, the candidate must follow the college’s guidelines.
The following are some of the entrance examinations that are held to grant admission to the course:
Top 25 MBA Colleges in Mumbai:
Several renowned management institutions are located in Mumbai. The best colleges in Mumbai assist students in developing academic and management abilities as well as providing outstanding professional opportunities. The table below provides an overview of the best MBA colleges in Mumbai listed in no specific order.Search:
| Name of the Institution | Entrance Exam Accepted | Fees |
|---|---|---|
| Shailesh J. Mehta School of Management, IIT Bombay | CAT | ₹8.27 L – 15.21 |
| National Institute of Industrial Engineering | CAT, GATE | Not Prescribed |
| S.P. Jain Institute of Management and Research | CAT, GMAT | ₹17.5 L |
| Sydenham Institute of Management Studies Research and Entrepreneurship Education | CMAT, CAT | ₹69 K |
| ITM Business School | MAH CET, CMAT, CAT | ₹10.45 L |
| SDA Bocconi Asia Center | CAT/NMAT | ₹18.6 L |
| Xavier Institute of Management and Research | MAH CET, CMAT | ₹5.2 L |
| JBIMS – Jamnalal Bajaj Institute of Management Studies | – | ₹7 L |
| VIT – Vidyalankar Institute of Technology | MAH CET, CMAT | ₹3.07 L |
| School of Management, D.Y. Patil University | CAT/NMAT | ₹8.4 L |
| Vivekanand Business School | MAH CET, CMAT | ₹8 L |
| NMIMS Deemed to be University – Navi Mumbai Campus | NMAT, NPAT | ₹15.07 L – 16.54 |
| SIES College of Management Studies | CMAT, CAT | ₹5.2 L – 7 L |
| K. J. Somaiya Institute of Management | CMAT, CAT | ₹18.78 L |
| Bharati Vidyapeeth Institute of Management Studies and Research | MAH CET, CAT | ₹4 L |
| TISS – Tata Institute of Social Sciences, Mumbai | CAT/NMAT/ATMA | ₹40.6 L |
| Vidyalankar School of Business | – | ₹6.5 L |
| NMIMS School of Business Management, Mumbai | – | ₹12.05 L – 14.05 L |
| GNVS Institute of Management | MAH CET, CMAT | ₹3.5 L ₹ |
| BITS School of Management (BITSoM) | CAT, GMAT | ₹24.5 L |
| Welingkar Institute of Management | – | ₹94.4 K |
| Chetana’s Ramprasad Khandelwal Institute of Management and Research | MAH CET, CMAT | ₹4 L |
| National Institute of Management and Research Studies | MAH CET, CMAT | ₹5 L |
| GNIMS Business School | CAT/NMAT | ₹6.8 L – 7 L |
| Lala Lajpatrai Institute of Management (LLIM) | MAH CET, CMAT | ₹3.2 L |
| Amity University, Mumbai | – | ₹5 L – 12 L |
Showing 1 to 26 of 26 entries
Top MBA Colleges in Mumbai: NIRF Ranking 2021
NIRF (National Institutional Ranking Framework) is the premier ranking agency in India and is run by the NIRF (National Institutional Ranking Framework) is the top rating agency for India and is managed through the Ministry of HRD, Government of India. It is the authority to publish the ranking lists for various colleges in India separated into eight categories.
- IIT Bombay has been ranked as the top MBA school located in Mumbai in the country by NIRF. The college has been awarded an 11th place ranking within India by the nation’s organization for ranking in the year 2021.
- While the school is rated as the top in Mumbai however, it has experienced the loss of 1 spot in its standing when compared to 2022.
- Some other schools in Mumbai which are ranked by NIRF include SP Jain, NITIE, Narsee Monjee, and KJ Somaiya.
- The most impressive improvement in these colleges was demonstrated by NITIE Mumbai, which has shot up 17 places. NITIE Mumbai saw a decrease of 15 places this year.
Show 102550100 entriesSearch:
| NIRF 2021 Ranking | College Name | NIRF Score |
|---|---|---|
| 10 | Indian Institute of Technology Bombay | 68.08 |
| 12 | National Institute of Industrial Engineering, Mumbai | 64.52 |
| 19 | S. P. Jain Institute of Management & Research | 58.73 |
| 22 | SVKM's Narsee Monjee Institute of Management Studies | 57.53 |
| 56 | K.J.Somaiya Institute Of Management | 46.68 |
| 72 | Principal L N Welingkar Institute of Management Development and Research | 43.73 |
Showing 1 to 6 of 6 entries
Top MBA Colleges in Mumbai: India Today Ranking
Search:
| College Name | India Today Ranking 2022 |
|---|---|
| SP Jain Institute of Management and Research (SPJIMR) | 4 |
| Narsee Monjee Institute of Management Studies (NMIMS) | 9 |
| National Institute of Industrial Engineering (NITIE) | 11 |
| K J Somaiya Institute of Management Studies and Research (KJ SIMSR) | 25 |
| L N Welingkar Institute of Management Development and Research | 33 |
| Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE) | 39 |
| N L Dalmia Institute of Management Studies and Research | 80 |
| Universal Business School | 86 |
| IES Management College and Research Center | 144 |
| Atharva Institute of Management Studies | 171 |
Showing 1 to 10 of 10 entries
SPJIMR Mumbai has been ranked as the best MBA college in Mumbai by India Today survey. It has been given a rank of 4 among all the top management colleges in India.
- Othe popular MBA colleges in the city like Narsee Monjee, NITIE and KJ Somaiya have also been included in this list and are also ranked among the top 25 MBA colleges in India.
- NITIE Mumbai, which wasn’t included in the list last year, is ranked at 11th position in India now.
- IES Management College and Research Center still ranks at 144th position, but it has shown a tremendous improvement of 24 ranks.
Some insights of colleges from other regions as well: Fee Structure For MBA in Government Colleges
Fees of MBA courses in government colleges are low. The fees in those government colleges are listed here.Search:
| Colleges | Annual Fees |
|---|---|
| Jamia Millia Islamia University, New Delhi | INR 65,100 |
| University of Delhi, Faculty of Management Studies, New Delhi | INR 96,000 |
| Institute of Management Studies, Banaras Hindu University, Varanasi | INR 1,20,767 |
| Department of Management Studies, Anna University, Chennai | INR 20,500 |
| Pondicherry University, Pondicherry | INR 74,718 |
| University of Jammu, Jammu | INR 78,071 |
| Maharaja Sayajirao University of Baroda, Vadodara | INR 14,500 |
| Ganpat University, Mehsana | INR 95,000 |
| RKDF University, Bhopal | INR 50,000 |
| Department of Management Science, Savitribai Phule Pune University, Pune | INR 66,194 |
Showing 1 to 10 of 10 entries
Mumbai, the capital of business and finance in India is also one of the most sought-after MBA locations in the world. In fact, Mumbai is one of India’s most sought-after MBA destinations. MBA schools located in Mumbai provide high-quality MBA education that is highly rated and has high levels of placement. It is also a centre of learning in technology, management and other related sectors. Master of Business Administration or MBA is among the most sought-after postgraduate programs in Mumbai. The two-year program opens the door to an abundance of jobs within the corporate world.
Best MBA Colleges in Mumbai
Show 102550100 entriesSearch:
| College Name | India Today Ranking 2022 |
|---|---|
| SP Jain Institute of Management and Research (SPJIMR) | 4 |
| Narsee Monjee Institute of Management Studies (NMIMS) | 9 |
| National Institute of Industrial Engineering (NITIE) | 11 |
| K J Somaiya Institute of Management Studies and Research (KJ SIMSR) | 25 |
Showing 1 to 4 of 4 entries
MBA fees in Mumbai is relatively higher than the fees in other states of India. MBA institutes in Mumbai such as SPJIMR, and K J Somaiya are the MBA best colleges in Mumbai. The MBA institutes in Mumbai such as TISS and SIMSREE are MBA government colleges in Mumbai which are listed in the list of top 20 MBA colleges in Mumbai. There are many PGDM colleges in Mumbai that offers International placement packages. MBA colleges in Mumbai list with placement and fees is mentioned in this article. Mumbai University is one of the MBA government colleges in Mumbai and also it is one of the top colleges for MBA in Mumbai, the MBA fees in Mumbai University revolves around INR 8K to 4 Lacs.
Based on reputed rankings, top 5 MBA colleges in Mumbai are JBIMS Mumbai; SPJIMR Mumbai; NMIMS Mumbai; K J Somaiya Mumbai and NITIE Mumbai. If we broaden the list, then we can add SJMSOM IIT Mumbai, Welingkar, Mumbai, SIMSREE Mumbai, SIES Mumbai, IESMCRC Mumbai, Kohinoor Business School are also highly rated MBA schools located in Mumbai. These management schools are what make Mumbai an ideal MBA destination. A successful MBA professional should have qualities that include excellent communication, leadership and problem-solving skills, as well as management analytical thinking, research-driven and eye for detail focused and able to be under pressure, strong math skills, etc.
MBA Colleges in Mumbai: Specialization Available
Mumbai is Maharashtra’s capital and the world’s sixth most populous metropolitan area. This city is changing its education systems by incorporating the most cutting-edge technologies from around the world.
As India’s financial, economic, and entertainment hub, Mumbai attracts students from all over the country; there are numerous opportunities for management aspirants. Quality management colleges are scattered throughout the city and have the cutting-edge educational infrastructure. Famous management institutes include the Narsee Monjee Institute of Management Studies (NMIMS), the S. P. Jain Institute of Management and Research, and the Jamnalal Bajaj Institute of Management Studies (JBIMS), and the Tata Institute of Social Sciences (TISS).
Frequently Asked Questions
1.Which are the different specializations offered in MBA colleges in Mumbai?
Answer. MBA is a field that allows candidates to specialize in a variety of areas. The candidate can choose which field he or she wants to specialize in. They gain skills and knowledge related to the field after pursuing a specialization in that field.
2. Which is best MBA college in Mumbai?
Answer. Top MBA Colleges in Mumbai 2022Show 102550100 entriesSearch:
| S. No. | Name of the college |
|---|---|
| 1 | Shailesh J. Mehta School of Management, IIT Bombay |
| 2 | National Institute of Industrial Engineering |
| 3 | S P Jain Institute of Management and Research |
| 4 | K J Somaiya Institute of Management Studies and Research |
Showing 1 to 4 of 4 entries
3. What is the fees of MBA in Mumbai colleges?
Answer. There are some MBA colleges that charge a bit higher fee like SPJIMR, NMIMS and at the same time there are well known MBA colleges in Mumbai that offer MBA at low fee like SIMSREE and other Mumbai University MBA colleges. Then there are many MBA colleges in Mumbai where fee is less than Rs. 5 lakhs.
4. Is MBA hard to study?
Answer. MBAs are challenging but not difficult to graduate. Many potential students ask if an MBA is too difficult for an average student. The easy answer is “most likely not”. But, as you’ll probably learn during your MBA, your attitude makes up over 50% of your professional success, anyway.
5. How can I get MBA in Mumbai?
Answer. Entrance Exams
Students can apply through MAH CET 2021 for admission in MBA course. MAH CET is a state level examination organized by Directorate of Technical Education, Maharashtra for admissions in MBA/MMS/ PGDBM/PGDM courses. Admission will also be done on the basis of CAT 2021, MAT 2021, XAT 2021 & CMAT scores.
6. Is Mumbai Good for MBA?
Answer. Indeed, Mumbai is one of India’s leading MBA destination. Based on reputed Rankings, Top 5 MBA colleges in Mumbai are JBIMS Mumbai, SPJIMR Mumbai, NMIMS Mumbai, K J Somaiya Mumbai and NITIE Mumbai.
7. What is the fees of St Xavier college Mumbai?
Answer. St. Xavier’s College, Mumbai Courses & Fees 2022Show 102550100 entriesSearch:
| Courses | Total tuition Fees | Eligibility |
|---|---|---|
| B.A.(2 Courses) | INR 23.36 K - 97.29 K (for 3 years) | - |
| M.Sc.(7 Courses) | INR 33.85 K - 1.9 L (for 2 years) | Graduation : 55 % |
| B.Sc.(2 Courses) | INR 25.31 K - 1.47 L (for 3 years) | - |
| BBM/BMS(1 Courses) | INR 1.12 L (for 3 years) | - |
Showing 1 to 4 of 4 entries
8. What is the monthly income of MBA?
Answer. The average MBA salary in India per annum is Rs. 4,50,000 when starting out.
MBA Salary in India – Breakdown of Each Specialization.Show 102550100 entriesSearch:
| Specialization | Average Salary (LPA) | Range |
|---|---|---|
| MBA in Marketing | INR 7,82,000 | 7L-25L |
| MBA in Digital Marketing | INR 5,50,000 | 5L-25L |
| MBA in Finance | INR 7,30,000 | 7L-22L |
| MBA in HR | INR 5,20,000 | 5L-8L |
Showing 1 to 4 of 4 entries
9. Which MBA course is best?
Answer. Here is a list of the best MBA specializations in demand in 2021 and post COVID that you can choose from.
- MBA in Data Analytics.
- MBA in Entrepreneurship.
- MBA in Finance.
- MBA in Strategy.
- MBA in International Business.
- MBA in Human Resource Management.
- MBA in Risk Management.
- MBA in Operations.
Related Videos
People also view:
Top 10 Govt Engineering Colleges in India
Top 10 Government Engineering Colleges in Maharashtra through MHT CET
List of Tier 1 Engineering Colleges in India
Tier 2 MBA Colleges in India with Fees
Tier 1 MBA Colleges in India: Cut Off, Pvt & Govt., Scholarships, Placements
Tier 2 MBA Colleges in India State-wise
Tier 1 MBA Colleges in India: Cut Off, Pvt & Govt., Scholarships, Placements
Top 20 Tier 2 MBA Colleges in India
Tier 1 & Tier 2 Colleges in India
List of Top Tier NIT Colleges in India
