List of top 10 MBA Colleges in Mumbai

Top MBA colleges in Mumbai offer MBA and PGDM (Postgraduate Diploma in Management) through Online, Offline as well as Distance Education Learning modes. Mumbai frequently referred to as the "City of Dreams" or the "Money Capital of India" is home to in excess of 260 top MBA colleges in India. Around 57 MBA colleges in Mumbai are approved by AICTE and 17 are approved by UGC. Best MBA college in Mumbai offers MBA with different specializations including Finance and Marketing Supply Chain Management and Urban Planning.
List of top 10 MBA Colleges in Mumbai

Top MBA colleges in Mumbai offer MBA and PGDM (Postgraduate Diploma in Management) through Online, Offline as well as Distance Education Learning modes. Mumbai frequently referred to as the “City of Dreams” or the “Money Capital of India” is home to in excess of 260 top MBA colleges in India. Around 57 MBA colleges in Mumbai are approved by AICTE and 17 are approved by UGC. Best MBA college in Mumbai offers MBA with different specializations including Finance and Marketing Supply Chain Management and Urban Planning:

Top 10 MBA Colleges in Mumbai

Tabulated below is the list of top MBA colleges in Mumbai along with their fee structure.

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
\

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:

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], MumbaiINR 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
Samira The Synthetic and Art Silk Mills Research Association – [SASMIRA], Mumbai INR 1,99,000

Top MBA Colleges in Mumbai: Ranking

Rankings of the top Colleges in India are released by various agencies consistently. These agencies discharge various records like Top MBA Colleges in India, Top M Tech Colleges in India, and so forth. In view of various boundaries like Perception of the College, Placements, Teacher-Student Ratio, and so on, these rundowns are additionally released for various cities and states in India.

A portion of the top agencies in India delivering such records are NIRF, India Today, Economic Times, and so forth. Listed below is the ranking of top MBA colleges in Mumbai with charges.

Top MBA Colleges in Mumbai: NIRF Ranking 2022

NIRF (National Institutional Ranking Framework) is the premier ranking organization in India and is controlled by the Ministry of Education, Government of India. It delivers the ranking records for various colleges in India isolated into 8 classes.

National Institute of Industrial Engineering has been positioned as the best MBA college in Mumbai by NIRF ranking 2022. The establishment has gotten the ninth position in India by the national ranking office in 2022.

Different colleges in Mumbai positioned by NIRF are Shailesh J. Mehta School of Management-IIT Bombay SP Jain, NITIE, Narsee Monjee, and KJ Somaiya.

NIRF Ranking 2022College NameNIRF Score
9National Institute of Industrial Engineering68.84
11Shailesh J. Mehta School of Management, IIT Bombay66.24
21SPJIMR – S.P. Jain Institute of Management and Research59.51
25Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS University, Mumbai58.14
68Welingkar Institute of Management46.76
71K J Somaiya Institute of Management46.31
102 – 125Amity University, Mumbai

Top MBA Colleges in Mumbai: India Today Ranking 2022

College NameIndia 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 Research33
Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)39
N L Dalmia Institute of Management Studies and Research80
Universal Business School86
IES Management College and Research Center144
Atharva Institute of Management Studies171

Top MBA Colleges in Mumbai with Low Fees

The average fees for chasing after MBA courses from the top MBA colleges in Mumbai can go between INR 55,000 – 23 Lakhs each year. Listed below are the top MBA colleges in Mumbai with low fees:

Name of the College Average Annual Fees 
K. C. College of Management Studies – [KCCMS], Mumbai INR 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], Mumbai INR 50,400
National Academy of Management Studies – [NAMS], MumbaiINR 25,000
Hansraj Jivandas College of Education, Mumbai INR 6,600
The University of Mumbai, Institute of Distance & Open Learning – [IDOL], MumbaiINR 17,625
SNDT Women’s University, Centre of Distance Education – [SNDT CDE], Mumbai INR 15,800
Thakur Institute of Management Studies and Research – [TIMSR] MumbaiINR 63,791

Top MBA Colleges in Mumbai Cutoff

Various colleges concede students on various bases like entrance tests and merit records. The vast majority of the colleges in Mumbai acknowledge MAT scores, and furthermore, give admission through CAT and CMAT. Recorded below are a portion of the top MBA colleges in Mumbai with their cutoff scores.

Top MBA Colleges in MumbaiMBA Cutoff
SJMSOM IIT Bombay90 (CAT)
SP Jain (SPJIMR)92 (CAT)
Narsee Monjee (NMIMS)209 (NMAT)
KJ Somaiya86 (CAT)
Welingkar (WeSchool) Mumbai80 (CAT)
NITIE Mumbai90 (CAT)
SIMSREE Mumbai144 (MAHCET)

Top MBA Colleges in Mumbai With Fees

College NameTotal Fees
Shailesh J. Mehta School of Management, IIT Bombay (SJMSOM)INR 4,24,000
National Institute of Industrial Engineering (NITIE)INR 3,50,000
S P Jain Institute of Management and Research (SPJIMR)INR 15,00,000
K J Somaiya Institute of Management Studies and Research (SIMSR)INR 3,33,000
Narsee Monjee Institute of Management Studies (NMIMS)INR 9,25,000
Prin. L.N. Welingkar Institute of Management Development and ResearchINR 55,000
BITSoMINR 24,50,000
SIES College of Management StudiesINR 2,20,000
ICFAI Business SchoolINR 4,00,000

Top MBA Colleges in Mumbai Accepting CMAT

Top MBA colleges in Mumbai additionally acknowledge CMAT scores other than CAT, GMAT for admission to MBA courses. Tabulated below are the 10 top MBA colleges in Mumbai accepting CMAT scores:

Name of the College Average Annual Fees 
Jankidevi Bajaj Institute of Management Studies – [JDBIMS], Mumbai 
Rustomjee Business School – [RBS], MumbaiINR 1,75,000
Prin. L. N. Welingkar Institute of Management Development & Research – [WeSchool], Mumbai INR 81,000
Tata Institute of Social Sciences – [TISS], MumbaiINR 1,00,000
Thadomal Shahani Centre For Management – [TSCFM], Mumbai INR 14,000
K J Somaiya Institute of Management, MumbaiINR 8,17,290
BSE Institute Limited – [BIL], MumbaiINR 5,60,000
N. L. Dalmia Institute of Management Studies and Research – [NLDIMSR], MumbaiINR 5,75,000
SIES School of Business Studies – [SIES SBS], Mumbai INR 4,50,000
Athena School of Management, Mumbai INR 6,75,000

Frequently Asked Questions

Q1. Is MBA losing its worth?

Ans. Because of an enormous number of students seeking after MBA consistently, the course’s worth has digressed a bit, yet, MBA is perhaps of the most looked-for course by recruiters in the corporate world.

Q2. Which College is best for Finance in Mumbai?

Ans. Jamnalal Bajaj Institute of Management Studies has gained notoriety for its MBA Finance course.

Q3. Is Amity Mumbai great for MBA?

Ans. Friendship Mumbai offers students the a-list foundation and profoundly sophisticated education for the MBA course. Notwithstanding, education at Amity Mumbai is a bit expensive.

Q4. Is SP Jain and SPJIMR the equivalent?

Ans. Indeed, they are. The full type of SPJIMR is SP Jain Institute of Management and Research.

Q5. How might I get a Scholarship for MBA?

Ans. Numerous associations and institutes offer scholarships for MBA programs. 2 best ways of getting a scholarship are:

  • A decent score in the entrance test.
  • Broad exploration work in a specific field.

Q6. Which MBA gives the highest Compensation?

Ans. MBA Business Analytics and MBA Marketing are probably the most compensating MBA specializations.

Q7. Is ISB better than IIM?

Ans. ISB and IIM, have established themselves as the premier management institutes in India. What isolates them is the way that ISB Hyderabad requests a 5-year pre-MBA experience from candidates. Whereas, whereas IIMs keep no such model.

Q8. Which IIT is best for MBA?

Ans. SJMSOM-IIT Bombay offers an excellent MBA course for students. The institute has been positioned No. 4 on the planet by QS World Rankings. The average CTC offered stays above INR 20 lakh.

Q9. Which Private College is best for MBA?

Ans. Following is a rundown of probably the best private MBA colleges in Mumbai:

  • Jamnalal Bajaj Institute of Management Studies-JBIMS
  • SP Jain Institute of Management and Research-SPJIMR
  • Harmony Global Business School
  • K J Somaiya Institute of Management Studies and Research
  • SIES College of Management Studies

Q10. Might I at any Point do MBA after B.Com.?

Ans. Indeed, you can do MBA in the wake of seeking a B.Com. course.

Q11. Does SP Jain have HR?

Ans. SP Jain offers PGPM in Marketing, Finance, and Operations Management.

We will be happy to hear your thoughts

Leave a reply

Get More Details

Apply For Top University/College &

Get Upto 80% off on the Application Form

Form Fees
Logo