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Mumbai, the financial and business capital of India, is also among the top MBA objections in the country. Indeed, Mumbai is one of India's driving MBA objectives. Best MBA Colleges in Mumbai offer quality MBA education with high placements. It is also a center point of education in administration, innovation, and allied sectors. Expert in Business Administration or MBA is one of the most well-known post-graduate projects in Mumbai. The two-year program is a passage to a plethora of open positions in the corporate world.
In light of reputed rankings, among the Top 10 MBA Colleges in Mumbai some of them are JBIMS Mumbai; SPJIMR Mumbai; NMIMS Mumbai; K J Somaiya Mumbai, and NITIE Mumbai. In the event that we extend this rundown, SJMSOM-IIT Mumbai, Welingkar, Mumbai, SIMSREE Mumbai, SIES Mumbai, IESMCRC Mumbai, Kohinoor Business School are also highly positioned MBA colleges in Mumbai. Every one of these administration organizations makes Mumbai a favored MBA objective. An MBA professional should have characteristics like phenomenal communication, leadership, critical thinking, the board, research-arranged, analytical reasoning, eye for detail, objective situated and capacity to work under pressure, strong numerical abilities, and so on.
MBA Colleges in Mumbai Highlights
| Parameters | Particulars/Statistics |
|---|---|
| Number of MBA Colleges in Mumbai | 180 Colleges |
| Fees | Annual fee: More than Rs. 5 lakh- 48% Rs. 3-5 lakh- 24% Rs. 2-3 lakh- 11% Rs. 1-2 lakh- 11% Less than Rs. 1 lakh- 6% |
| Top Specialisations | Finance Sales and Marketing Human Resources IT and Systems Operations International Business Supply Chain Business Analytics Entrepreneurship Healthcare and Hospital |
| Admission Process | CAT, MAT, XAT, CMAT, ATMA, MAH CET and more. |
| Number of IITs | One |
MBA Colleges in Mumbai Eligibility Criteria
The eligibility criteria for MBA Course may differ from one college to another. Notwithstanding, the essential eligibility criteria for top MBA Colleges in Mumbai are as per the following:
Competitors probably passed graduation in any discipline or comparable from a perceived college as a fundamental eligibility criterion for MBA (full-time).
The vast majority of the institutes follow the minimum score criteria for graduation which is 50% on average or the same. For saved class understudies, the minimum score is 45% in total.
Last year's graduation competitors are additionally qualified to apply for MBA, given they present the confirmation of the finish of the graduation degree within the span specified by the organization.
MBA Colleges in Mumbai with NIRF Ranking
NIRF positioning is given to the MBA Colleges in Mumbai based on education, learning and assets, exploration and professional practice, graduation outcomes, and companion discernment. Competitors can check the rundown of top MBA colleges in Mumbai and their NIRF 2020.
As per NIRF Ranking, these are the Main 5 MBA Colleges in Mumbai
| College Name | NIRF’20 Ranking |
|---|---|
| SJMSOM IIT Bombay - Shailesh J. Mehta School of Management, Mumbai | 11 |
| NITIE Mumbai - National Institute of Industrial Engineering | 12 |
| S. P. Jain Institute of Management and Research, Mumbai | 18 |
| K. J. Somaiya Institute of Management Studies & Research | 56 |
| VESIM - Vivekanand Education Society Institute of Management Studies and Research | 76-100 |
| College Name | Rating |
| SJMSOM IIT Bombay - Shailesh J. Mehta School of Management, Mumbai | 4.7 |
| NITIE Mumbai - National Institute of Industrial Engineering | 4.6 |
| S. P. Jain Institute of Management and Research, Mumbai | 4.2 |
| K. J. Somaiya Institute of Management Studies & Research | 4.2 |
| VESIM - Vivekanand Education Society Institute of Management Studies and Research | 3.6 |
List of Top Private MBA Colleges in Mumbai
List of Top Public MBA Colleges in Mumbai
| Public Colleges | Course Fee (in Rs) |
|---|---|
| Tata Institute of Social Sciences (TISS), Mumbai | 40.6 K - 1.05 L |
| Bombay Stock Exchange (BSE) Institute, Mumbai | 5.6 L - 30.76 L |
| Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay, Mumbai | 8.32 L |
| National Institute of Industrial Engineering (NITIE), Mumbai | 6.63 L - 14.63 L |
| Sasmira's Institute of Management Studies and Research | 3.8 L |
Top MBA Colleges in Mumbai accept scores obtained by students in numerous national or state-level examinations including CAT, MAT, XAT, CMAT, ATMA, MAH CET, NMAT, MHT CET, TISSNET, WLCI Aptitude Test, etc.
ROI of Top MBA Colleges in Mumbai
Return on Investment of top B Schools in Mumbai is calculated by dividing the return or benefit by the cost of investment as fees. In other words, ROI refers to what placement a candidate gets vs what they paid for the college. Candidates can check the list of MBA colleges in Mumbai and their course fees and average salary.
| College Name | Course Fee in Rs | Average salary (in Rs LPA) |
|---|---|---|
| TISS, Mumbai | 30.33 LPA | 20.06 LPA |
| NMIMS, Mumbai | 30.37 LPA | 17.97 |
| SJMSOM, IIT Bombay, Mumbai | 32.4 LPA | 20.8 |
| SIMSR Mumbai | 28.5 LPA | 13.25 |
| SIMSREE, Mumbai | 17 LPA | 10.97 |
Top Recruiters for MBA graduates
MBA graduates from any domain are in high demand. Below is the list of a
few top companies in Mumbai that recruit MBA graduates along with their placement ratings:
Colleges | Placement Ratings (Based on Reviews) | Placement Ratings (Based on Reviews) |
|---|---|---|
| Northpoint Centre of Learning, Mumbai | 4.9 | Dentsu Aegis, Future Group, Google, JWT, Kotak Securities, Leo Burnett, Lowe Lintas, Ogilvy, PepsiCo, Publicis, Webchutney, etc. |
| National Institute of Industrial Engineering (NITIE), Mumbai | 4.6 | Dabur, HCCB, Maruti Suzuki, ICICI Bank, Marico, Nestle, Capgemini, Delloite, Accenture, TATA Motors, Castrol, TVS, Asian Paints, ITC, Cognizant Business Consulting, KPMG, Aditya Birla Capital, Genpact, General Electric, Google, IBM, etc. |
| Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay | 4.6 | Axis Bank, DE Shaw & Co, JPMorgan Chase, Bank of America, Accenture, Deloitte, Flipkart, Google, Infosys, Tech Mahindra, HP, Goldman Sachs, Britannia, Johnson & Johnson, Capgemini, Nestle, RBL Bank, Proctor & Gamble, Wipro, etc. |
| ASM's Institute of Management & Computer Studies (IMCOST), Thane | 4.4 | Accenture, Capgemini, CyberTech Systems and Software, Global Logic, Godrej, HDFC Bank, Hindustan Petroleum, Hindustan Times, HP, IBM, ICICI Prudential, Jaro Education, L&T Infotech, Mainstay, Reliance Communication, Saint Gobain, Tech Mahindra, Wipro, Yes Bank, HCL, Tech Mahindra, Siemens, Cognizant, Giant Krafters, Hexaware Technologies, etc. |
| Sydenham Institute of Management Studies Research and Entrepreneurship Education, Mumbai | 4.0 | Aditya Birla Group, Axis Bank, Barclays Investment Bank, Citi Group, Deloitte USI, Duff & Phelps, Ernst & Young, HDFC Ltd, ICICI Group, Infosys, JP Morgan Chase & Co, Nielsen, Saint Gobain, etc. |
Fee for MBA Colleges in Mumbai
| MBA College in Mumbai | Fee for 2-year MMS/MBA/PGDM (Rs. In lakhs) |
|---|---|
| SPJIMR, Mumbai | Rs. 19.00 |
| NMIMS, Mumbai | Rs. 20.80 |
| IIT Bombay | Rs. 10.08 |
| NITIE Mumbai | Rs. 12.58 |
| JBIMS Mumbai | Rs. 6.00 |
| K J Somaiya Institute of Management, Mumbai | Rs. 18.79 |
| Prin L N Welingkar Institute of Management Development and Research | Rs. 13.00 |
| BITS School of Management - BITSOM | Rs. 20.60 |
| SDA Bocconi Asia Center | Rs. 18.60 |
| SIMSREE Mumbai | Rs. 1.35 |
| SIES Navi Mumbai | Rs. 9.00 |
| IBS Mumbai: ICFAI Business school | Rs. 9.09 |
| ITM Navi Mumbai | Rs. 10.45 |
| Chetana’s Institute of Management and Research | Rs. 7.85 |
| MET Mumbai | Rs. 9.90 |
| Vivekanand Business School (VBS) | Rs. 8.00 |
| IES Management College And Research Centre, Mumbai | Rs. 9.00 |
| N. L. Dalmia Institute of Management Studies and Research, Mumbai | Rs. 8.70 |
| Kohinoor Business School | Rs. 6.10 |
| DSIMS Mumbai | Rs. 7.25 |
| Guru Nanak Institute of Management Studies, Mumbai | Rs. 7.00 |
| Aditya School of Busines Management - ASBM Mumbai | Rs. 7.80 |
| ATLAS SkillTech University Mumbai | Rs. 10.45 |
MBA Colleges in Mumbai: Specialization Available
MBA is a field that furnishes candidates with numerous options to do specialization. The applicant can decide in which field he/she wishes to specialize. In the wake of chasing after a specialization in a particular field, they gain the abilities and information related to the field.
Given below is the list of specializations in MBA: -
- MBA in Marketing
- MBA in Finance
- MBA in General Management
- MBA in International Management
- MBA in Human Resource Management
- MBA in Operations Management
- MBA in Rural Management
- MBA in Logistics Management
- MBA in Information Technology
- MBA in Business Management
MBA Colleges in Mumbai: Eligibility Criteria
The eligibility criteria are set up by various colleges to guarantee that admission is allowed to the students who are qualified for the course. The criteria are different in like manner, however, the up-and-comer should meet the eligibility criteria to get admission to the course. The competitor ought to score the expected imprints which are expected for admission to the course. In this manner, the eligibility criteria are intended to give admission to qualified students.
Eligibility for MBA - The candidates who need to seek an MBA should have a four-year certification with no less than half checks or comparable from a perceived board or college. They additionally show up for the selection test that is led by the colleges and various colleges.
MBA Colleges in Mumbai: Admission Process
The admission cycle of each and every college is different in view of the college standards and guidelines that they set. The admission interaction depends on either the merit list or the scores got on the placement test that the up-and-comer shows up for. The competitor needs to keep the rules of the college to get admission to the course.
Mentioned below is the list of a portion of the placement tests that led to conceding admission for the course: -
MBA Colleges in Mumbai: Specialization Wise List
There are a ton of options for specialization in MBA which a competitor can seek in view of their advantage and willingness to do the course. Mumbai is referred to as the city of dreams as innumerable individuals travel to Mumbai to seek after their fantasies and point much higher. Mumbai is known as the monetary capital of the country. There are numerous vacation spots in Mumbai. Mumbai is home to various World Heritage Sites which are visited by travelers from one side of the planet to the other. Mumbai is renowned for its Vada Pav too which individuals love to eat at whatever point they travel to Mumbai.
Mumbai has a sum of 163 MBA Colleges wherein the competitor can choose any of the colleges as indicated by them. It relies upon the up-and-comer where they wish to take admission for the course. There are numerous colleges in Mumbai that have options for specialization in MBA
A portion of the Colleges are listed below with the specialization that they give in the course :
MBA in Marketing Management Colleges in Mumbai
| Name of the College | NIRF 2020 Ranking | Rating | Entrance Test | Fees |
|---|---|---|---|---|
| KJ Somaiya Institute of Management | 56 | 51 | CAT, CMAT, XAT, GMAT and MAH MCA CET | Rs. 2.47 - 14.93 lakhs |
| Prin LN Welingkar Institute of Management Development and Research | 68 | 54 | CAT, XAT, CMAT and GMAT, MAT, ATMA, MAH MBA CET | Rs. 1.60 lakhs |
| Sydenham Institute of Management Studies, Research and Entrepreneurship Education | -- | AAA | CAT, CMAT and MAH MBA CET | -- |
| IES Management College and Research Centre | - | AA+ | MAH MBA CET, CAT and GMAT | Rs. 1.38 lakhs |
| MET Institute of Management | -- | -- | GMAT and MAH MBA CET | -- |
MBA in Human Resource Management Colleges in Mumbai
| Name of the College | NIRF 2020 Ranking | Rating | Entrance Test | Fees |
|---|---|---|---|---|
| Narsee Monjee Institute of Management Studies | 24 | 33 | NMAT, GRE and GMAT | Rs. 18.50 lakhs |
| KJ Somaiya Institute of Management | 56 | 51 | CAT, CMAT, XAT, GMAT and MAH MBA CET | Rs. 2.47 - 14.93 lakhs |
| Prin LN Welingkar Institute of Management Development and Research | 68 | 54 | CAT, XAT, CMAT and GMAT, MAT, ATMA, MAH MBA CET | Rs. 1.60 lakhs |
| St Francis Institute of Management and Research | -- | AA | CAT, XAT, GMAT, MAT CMAT and MAH MBA CET | -- |
| Jankidevi Bajaj Institute of Management Studies | -- | -- | CAT, CMAT and MAH MBA CET | -- |
MBA in Financial Management Colleges in Mumbai
| Name of the College | NIRF 2020 Ranking | Rating | Entrance Test | Fees |
|---|---|---|---|---|
| KJ Somaiya Institute of Management | 56 | 51 | CAT, CMAT, XAT, GMAT and MAH MCA CET | Rs. 2.47 - 14.93 lakhs |
| Sydenham Institute of Management Studies, Research and Entrepreneurship Education | - | AAA | CAT, CMAT and MAH MBA CET | - |
| Sinhgad Institute of Business Management | - | - | MAH MBA CET | - |
MBA in Operations Management Colleges in Mumbai
| Name of the College | NIRF 2020 Ranking | Rating | Entrance Test | Fees |
|---|---|---|---|---|
| KJ Somaiya Institute of Management | 56 | 51 | CAT, CMAT, XAT, GMAT and MAH MBA CET | -- |
| IES Management College and Research Centre | -- | AAA | CAT, GMAT and MAH MBA CET | -- |
| School of Management, Dr DY Patil University | -- | -- | No Entrance Test | Rs. 8.40 lakhs |
| NMIMS School of Business Management | -- | -- | NMAT | -- |
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