MBA Colleges in Mumbai

The best MBA schools in Mumbai provide distance learning, on-campus learning, and online learning options for the MBA and PGDM (Postgraduate Diploma in Management). More than 260 of India's best MBA colleges are located in Mumbai, which is also known as the "City of Dreams" or the "Financial Capital of India."
MBA Colleges in Mumbai

The best MBA schools in Mumbai provide distance learning, on-campus learning, and online learning options for the MBA and PGDM (Postgraduate Diploma in Management). More than 260 of India’s best MBA colleges are located in Mumbai, which is also known as the “City of Dreams” or the “Financial Capital of India.” There are 17 UGC- and approximately 57 AICTE-approved MBA programs in Mumbai. Urban planning, finance, and marketing are just a few of the specializations available in the best MBA programs in Mumbai.

Mumbai has 262 MBA colleges, 106 of which are private and 11 of which are government-run.

The National Institute of Industrial Engineering, Mumbai, the S. P. Jain Institute of Management & Research, and the Indian Institute of Technology – [IIT] Bombay are placed 10, 12, and 19 by NIRF Ranking 2021, accordingly.

Some of the top MBA schools in Mumbai include Shailesh J. Mehta School of Management (SJMSOM), SPJIMR, IIT Bombay, and SBM NMIMS.

Most MBA admissions into the top MBA Colleges in Mumbai are accomplished through the CAT entrance exam. The marks from other management entrance exams, like as the MAT, XAT, NMAT, CMAT, ATMA, MAH CET, and even the GMAT and GRE, are also accepted by many universities.

Some of the Best Hotel Management Colleges in Mumbai include IHM Mumbai, Bharati Vidyapeeth College of Hotel and Tourism Management Studies – [BVCHTMS] Navi Mumbai, and ITM Institute of Hotel Management – [ITM-IHM] Mumbai.

According to the colleges, the average annual tuition for MBA/PGDM programs at the top MBA colleges in Mumbai can range from INR 50,000 to 30 Lakhs.

K. C. College of Management Studies – [KCCMS] Mumbai, ISMS Mumbai, Mumbai University, and KJSCCETR Mumbai are a few of the top MBA colleges in Mumbai with costs under INR 60,000.

The top MBA schools in India provide rewarding placement possibilities with high salaries and excellent returns on investment. The typical CTC is available for INR 18–30 LPA.

Some of the leading businesses that engage in the placement drives provided by the top MBA colleges in Mumbai are Accenture, Amazon, Axis Bank, HCL, and HDFC.

The best institutions in Mumbai for an MBA in Finance include SJMSOM Mumbai, SPJIMR Mumbai, and SBM NMIMS Mumbai, which are all ranked among the top 10 MBA schools in Mumbai.

Detailed information of all the Top MBA Colleges in Mumbai is given below

Shailesh J. Mehta School of Management, IIT Bombay

IIT Bombay is home to the 1995-founded Shailesh J. Mehta School of Management (SJMSOM). A two-year flagship MBA programme in management is available from SJMSOM, along with doctoral programmes in management. For NIRF 2022 and The Week 2020’s MBA rankings, the college is ranked 11 and 13, respectively. For the faculty of technical and management schools, the school also provides short-term programmes in management throughout the summer and winter months.

For its management master’s programme, SJMSOM recognises CAT/GMAT scores. Tests that demonstrate English competence include the TOEFL and IELTS. The candidates for the doctoral programme must submit a SOP on the planned research topic. A written test will be administered to the shortlisted candidates. A written test and interview will be scheduled for the shortlisted candidates. The 2020 SJMSOM CAT Cut-off for Management Course Admission was 98 percentile.

Despite the difficulties the Covid-19 Pandemic presented, SJMSOM was able to finish the final placement procedure for its class of 2020–2022. This year, there were numerous recruiters offering positions in a variety of industries, including BFSI, consulting, E-commerce/IT, FMCG/Manufacturing, Healthcare, etc., to students at the school. The typical bundle was 18.1% and cost INR 25.9 LPA. The median CTC was 25.8 LPA (INR). Additionally, the top package was raised to INR 49 LPA.

SJMSOM Ranking

Ranking/ Accrediting BodyCategoryRanking
NIRF 2022Top 100 B-schools 11
The Week 2020MBA/PGDM13
BW Business World 2021MBA in B-School 17

SJMSOM Courses

Course ProgramEligibility & Selection CriteriaCourse Fee
MBAA four year Bachelor’s degree or a Master’s degree in any discipline with first-class or 60% marks / A minimum CPI of 6.5 (6 in case of candidates belonging to SC/ST category) out of 10
Duration 2 years
Selection Criteria: CAT/GMAT Score
Intake: 152
INR 18.72 Lacs
EMBAThe candidates must hold a Bachelor’s degree or equivalent from an institution of higher education /must have a minimum 7 years of work experience including five years of managerial experience or equivalent.
Duration 18 months
Selection Criteria: TOEFL/IELTS to be given to prove English proficiency.
INR 39 Lacs
PhDB.E/B.Tech /ME/M.Tech/M.Phil with 60% marks/6.5 CPI
Duration 5 years
Selection Criteria: GATE/UGC-NET Lectureship)/ UGC-JRF/ CSIR-NET (Lectureship)/CSIR-JRF or CAT/GMAT/GRE score within the last five years.+ Sample SOP /written test/ PI
INR 96,000

2023 SJMSOM Cut Off (Expected)

The SJMSOM-IIT Bombay Cut-off for MBA Admission 2021 has been loosened. Only those applicants who have achieved a sectional percentile rank, overall percentile rank, and a positive (greater than zero) raw score on each of the CAT-2020’s sections above the minimal cut-offs have been taken into consideration for all following phases.

CategoryMinimum Overall Cut offSection-1: VARCSection-2: DILRSection-3: Quant
General / EWS90808080

SJMSOM Placement

Released is the SJMSOM IIT Bombay Final Placements 2022 report. The institute has attained a placement rate of 100%. The recruitment drive included 43 recruiters. JP Morgan, Accenture Strategy, Amazon, Flipkart, P&G, Marico, and many more were some of the top employers. The following are the main highlights of the placement drive for 2022:

  • The highest pay rose by over 50% and was INR 49 LPA.
  • The typical wage rose by 18% and was INR 25.93 LPA.
  • The female candidates’ highest CTC was INR 32.8 LPA.
  • The average pay for female students was INR 29.8 LPA.
  • businesses in total, as well as 11 new recruiters, came to the campus.

SP Jain Institute of Management and Research

Private management college SPJIMR Mumbai has received rankings of 21st by NIRF 2022 and #151-200 by QS World University Ranking 2022. Bharatiya Vidhya Bhawan’s SP Jain Institute of Management is accredited by the NBA, UGC, and AACSB (Association of Advance Collegiate Schools of Business). The college provides PGDM, PGPM, GMP (Global Management Program), PGMPW (Post Graduate Management Program for Women), and FPM programmes as full-time residential courses. The institution provides 2 programmes in entrepreneurship, 2 global programmes, 1 executive programme, and 3 social sector programmes in addition to 5 courses on family business management. PGEMP and PGPGM, two executive management programmes offered by SPJIMR, are available at the Mumbai and Delhi campuses, respectively.

The PGDM programme at SP Jain Mumbai features a distinctive application process where the initial MBA shortlist is announced based on academic performance and entrance exam performance (CAT/GMAT). In order to choose students with slightly lower CAT/GMAT scores, the college places more focus on applicants’ academic profiles. For the year 2022, SPJIMR has removed XAT from its admission requirements.

SPJIMR High Points

SPJIMR has received accreditation from the esteemed AACSB in 2018. The college also received AACSB and AMBA awards.

According to the Financial Times Masters in Management (MIM) 2021 Rankings, India is ranked second, and the world is ranked 39. In 2022, NIRF ranked the college #21 in the Management Category.

Fees & Intake: SP Jain’s PGDM fees are 19 Lakhs, which are reasonable in terms of ROI when compared to the median placement of 25 Lakhs. The SP Jain Mumbai PDGM seat intake is 276.

Significant changes to MBA admissions for the year 2022: SPJIMR has eliminated the XAT from the selection process and will only accept the CAT 2021 and GMAT (Jan 2019- Dec 31, 2021). minimal CAT and GMAT Cut-off for MBA 2022 is 85 percentile.

Student Exchange Program: The college collaborates with the International Business School at Brandeis University, the School of Business at EBS Universität, the IESEG School of Management, and Nyenrode Business University to offer the Global Management Program. Top international B-Schools like the Carnegie Mellon University (Tepper School of Business), Cornell University (Johnson School of Management), Michigan State University (Eli Broad College of Business), and schools in Europe and Asia have worked with SPJIMR. The list of schools is subject to change annually.

Placements: For its PGDM and PGPM 2021–22 classes, SPJIMR has completed the 2022 placement drive. The average compensation package for PGDM students was INR 32.06 LPA and for PGPM students it was INR 23.6 LPA. The biggest compensation package was INR 53.16 LPA.

The Global Fast Track (GFT) Program enables PGDM students to visit top-ranked B-Schools throughout the world to learn more about their areas of expertise. The three-week course gives the students time to participate in their internship.

SPJIMR Admission Dates

CAT 2022 Exam Date (Tentative)Nov 27, 2022
CAT 2022 Registration Window (Tentative)Aug 3, 2022 – Sep 23, 2022
Last Date to Apply for Admission (PGP GM)Jun 30, 2022
Last Date to Apply for Admission (PGPM)Aug 15, 2022

SPJIMR Ranking

CAT 2022 Exam Date (Tentative)Nov 27, 2022
CAT 2022 Registration Window (Tentative)Aug 3, 2022 – Sep 23, 2022
Last Date to Apply for Admission (PGP GM)Jun 30, 2022
Last Date to Apply for Admission (PGPM)Aug 15, 2022

SPJIMR CAT Cut-off 2023

CourseCategoryOverall Percentile

85 percentile on the CAT or GMAT is the SPJIMR Cut Off to be eligible for the MBA admissions process. 75 percentile is the sectional cutoff for the same. In contrast to past years, the MBA (PGPDM) admissions process does not use XAT scores. Candidates must achieve a minimum score in any one entrance exam in order to be considered for GMP admission at SPJIMR. The required GMAT score for GMP is 550, the required GRE score is 300, and the required CAT/XAT percentile is 80.

2022 SPJIMR Placements

Recent completion of the SPJIMR 2021–22 placement drive. Reputable recruiters visited the university, including Accenture, Bain, Cognizant, KPMG, and LTI. From INR 46.65 LPA in 2021 to INR 53.16 LPA in 2022, the maximum wage package increased. The following table summarises the key placement outcomes by course for the SPJIMR Placements 2022:

Number of recruiters7075
First-time recruiters33
Number of PPO123
Number of students 238130
Highest salaryINR 53.16 LPA
Average salaryINR 32.06 LPAINR 23.06 LPA
Median salaryINR 30.10 LPA
Average salary of top 25%INR 31 LPA
Average salary of top 50%INR 28.7 LPA
Top recruiting sectorsConsulting & FMCGConsulting & Technology

Autumn Internship Placements at SPJIMR 2023

Recent completion of SPJIMR’s autumn 2023 internship placement drive. Participating were 44 recruiters. The consulting sector came in second place, behind the FMCG sector. The monthly average compensation was INR 2.95 lakhs. The average monthly stipend was INR 3 Lakhs. The following highlights are listed:

  • There are 44 recruiters.
  • 273 people participated.
  • There were 312 offers.
  • Monthly Stipend: INR 2.95 Lakh on average
  • Top 20% Monthly Salary: 3.66 lakh Indian Rupees
  • Top 50% Average Salary: 3.34 lakh Indian Rupees per month
  • The median monthly salary is INR 3 lakhs.
  • Leading Sector: FMCG
  • Job Positions: Consulting, Corporate IT, General Management, etc.

Vivekanand Business School

The Business School of Vivekanand Education Society (VBS) is a crucial component of Vivekanand Education Society (VES), a prestigious educational organisation that was founded in 1962. Mumbai is one of the most prestigious locations for experts in Management Education due to the Vivekanand Business School (VBS), a business school founded by a highly regarded organisation of Mumbai. According to The Times of India B-School Survey 2021, VBS is listed as the number 11 business school in Mumbai and 62nd overall among the top 100 business schools in the country.

AICTE-approved, flagship two-year full-time PGDM Program is offered by VBS Mumbai. The programme has six trimesters, each of which includes a required corporate internship. The Association of Indian Universities has recognised the VBS Mumbai PGDM programme as equivalent to an MBA from an Indian university (AIU). VBS Mumbai will accept the results of the state-level MAHCET exam as well as the entrance exam test results from the CAT, XAT, MAT, CMAT, GMAT, and ATMA. The overall profile of a candidate informs the decision.

Quick Facts about Vivekanand Business School

the National Board of Accreditation’s seal of approval (NBA)

international partnerships with Delaware State University, Spain, Technical University of Cartagena, Spain, and Zagreb School of Economics and Management, Croatia

Participation in AACSB International (The Associate to Advance Collegiate Schools of Business, UK)

MBA Degree from an Indian University and Its Equivalence, According to the Association of Indian Universities (AIU).

Awarded as the Most Upcoming B-School by ASSOCHAM, India at EduMeet and Education Excellence Award in the field of Leading Administration and Quality Management in the National Educational Excellence Awards and Conference 2020

  • Courses in communication, soft skills, and foreign languages are included in the curriculum.
  • Certification in project management using the PMBOK Methodology.
  • Industry-based research projects that combine experiential learning and case-based learning.
  • Industry experts will give guest lectures.
  • Global Partnerships
  • Internship Program for 5 Months.
  • courses that use software like Excel, R programming, Tableau, and Python.
  • Opportunity to Study at European Universities and Scholarship for Meritorious Students

Ranking & Accreditation for Vivekanand Business School

Ranking BodyRanking ParameterRanking
Times of India B-School Survey 2022Top 100 B-Schools PAN India62
Times of India B-School Survey 2022Top B Schools category–Mumbai11
Centre for Education Growth and ResearchPlacement 2021Best Management College in Maharashtra
Competition Success ReviewTop B-Schools of Eminence11
National Awards in Indian EducationInstitutes with Best Placement9
AccreditationMBA EquivalenceAIU

Vivekananda Business School Courses:

Course NameSpecializationsDetails
PGDMBusiness Analytics, Banking & Finance, Marketing, Operations & Supply Chain, Human Resource ManagementEligibility: Graduation in any discipline from a recognized Indian university with a minimum of 50% marks
Duration: 2 years
Selection criteria: CAT /XAT /MAT/ MH-CET/ CMAT/ GMAT/ ATMA scores + GD+ PI

Placement at Vivekanand Business School

The whole growth of the students is emphasised by VBS. A specific training programme is organised by the institute for businesses like Vikalp and TCS. These organisations provide students training in aptitude test preparation. Many former students and business executives conduct fictitious job interviews on college campuses. Additionally, throughout the course of the programme, VBS students can speak with professionals from the business. The “Know Me Program” at Vivekanand Business School allows students to write their own accounts in their own words, which gives them the assurance they need to succeed in future interviews. Following are a few VBS placement highlights:

Highest PackageINR 19.75 LPA
Average PackageINR 7 LPA
Top RecruitersCapgemini, Deloitte, Infoedge,, General Mills, Nomura,Tata Consultancy Services, Reliance Retail et

Jamnalal Bajaj Institute of Management Studies

The main programme offered by JBIMS Mumbai is a 2-year full-time Masters in Management Studies (MMS) degree. In addition to the MMS programme, JBIMS also offers a PhD programme, a part-time MMS programme, a full-time MSc Finance programme, and a master’s programme in human resource development (MHRD). “Maharashtra State Candidates” and “Other than Maharashtra State Candidates” are the two distinct categories for JBIMS MMS admissions. For candidates from the state of Maharashtra, the MAH CET score is acceptable, and JBIMS will accept scores from applicants who do not reside in the Maharashtra region. Based on the results of the entrance exam, the college releases a shortlist, and more applicants must show up for IN Person Assessments. Group activity, GD, and PI are all part of the in-person evaluation. Academic Profile/Extracurricular Activities, Work Experience, and Gender Diversity are also considered for final admission shortlisting at JBIMS Mumbai in addition to written exam scores.

JBIMS High Points

JBIMS MMS Programme: There are 138 seats available for the JBIMS MMS programme, of which 12 are set aside for the EWS category and 6 for the TFWS. There are an additional 120 seats that are split between MS (Maharashtra Students) and Other Than Maharashtra Students (OMS). Students at OMS may apply for 18 seats using their CMAT, CAT, or MAH CET scores.

Admission Procedure: The Government of Maharashtra’s Directorate of Technical Education (DTE) and CET CELL run a competitive admissions process (CAP) to provide admission to JBIMS Mumbai’s Flagship MMS programme.

The university is ranked 12 for MBA programmes by India Today in 2021.

Faculty: There are 30 visiting faculty members and 8 permanent faculty members at JBIMS. All of the faculty members are extremely qualified, and the majority of them have doctorates in their specialties.

Facilities: The JBIMS campus is properly furnished with everything students might possibly need, including air-conditioned classrooms, clean hostel rooms, a Wi-Fi area, and a sizable library housing more than 40,000 volumes.

JBIMS’s 2022 placement campaign has end with an average compensation of INR 27.63 LPA. The highest wage package on offer was INR 42 LPA, and the median salary was INR 26.48 LPA. During the placement drive, the BFSI & IB industries dominated.

JBIMS Admission Dates

MAH CET 2022 Exam Date (MBA)Aug 23, 2022; Aug 24, 2022; Aug 25, 2022
CAT 2022 Exam DateNov 27, 2022
CAT 2022 Registration WindowAug 3, 2022 – Sep 23, 2022

JBIMS Courses

Course Name Course EligibilityCourse Fee ( in INR)
MMSEligibility: Bachelor’s degree with a minimum of 50% marks in aggregate
Duration: 2 Years
Admission Criteria: MH CET/ CAT/CMAT, Group Activity, GD and PI
6.05 Lacs
MHRDEligibility: Bachelor’s degree with 50% marks in aggregate 
Duration: 2 Years
Admission Criteria: Written Test, Group Activity, GD and PI
7.05 Lacs
M.Sc. in FinanceEligibility: Bachelor’s degree in relevant subject with 50% score and Mathematics as the main subject at HSC level or first year of degree level.
Duration: 2 Years
Admission Criteria: MAH-CET/ CAT, Group Activity, GD and PI
3.04 Lacs
Part-Time MMSEligibility: Graduation from a recognized University with 50% marks in aggregate or Graduation in Industrial Engineering, Mumbai or Minimum two years of experience (supervisor or executive level).
Duration: 3Years
Admission Criteria: Common Entrance Test and GD

2022 JBIMS Placements

JBIMS has finished its search for candidates for 2022. In comparison to the prior year, the mean wage and median salary both increased by 19.3% and 18.9%, respectively. Various industries sent out recruiters. Deloitte, EY, ZS Associates, PwC, Infosys, KPMG, and many more were significant recruiters.

Narsee Monjee Institute of Management Studies

With 17 specialised schools, more than 17000 students, and more than 750 full-time faculty members, NMIMS is regarded as a university. Along with a few UG, Diploma, and PG diploma programmes, the College provides a wide range of PG and Doctoral programmes in Management studies, including the MBA, E-MBA, PGDM, and PhD. The NMIMS Mumbai, which is renowned for its MBA/PGDM programme and is AICTE recognised, was ranked 25 by NIRF in the management category in 2022. The NBA, NAAC, AMBA, SAQS, and Bureau of Indian Standards all accredit NMIMS Mumbai’s programmes on a national and international level. For its 860 MBA places, the Business School continues to receive more than 60,000 applications.

For the young achievers, NMIMS Mumbai offers admission to 179 Bachelor’s, Master’s, and Doctoral programmes. The College accepts NMIMS CET, NPAT, NMAT, and CLAT-NMIMS LAT scores for its prestigious undergraduate, graduate, and doctoral programmes. The institute has finished its hiring process for the academic year 2021–2022, with the highest CTC being INR 57.65 LPA and the average CTC being INR 23.07 LPA. The highest wage increased over the previous year by 66.04%. Over 150 recruiters attended the event. Among the top employers were Aditya Birla Capital, EY, Capgemini, Cognizant, ICICI Bank, and numerous others.

NMIMS High Points

Admission: NMIMS-SBM, Mumbai, offers an MBA with a 600-student intake for a particular session. In addition, the NMIMS Navi Mumbai campus offers important management programmes with an enrollment of 60 to 120 students.

NMIMS Fee vs. ROI: The last session’s MBA programme fee was INR 20.80 Lacs. The course fee can change for the incoming class of 2022–24. High placements result from the investment in tuition and other costs, providing the students with a high return on investment.

High Placements: For its MBA programme, NMIMS Mumbai Placement 2022 recorded an average compensation of INR 23.07 LPA and the maximum salary of INR 57.65 LPA.

NMIMS would only take into account first-round NMAT scores while shortlisting candidates for the CD-PI phase of MBA admission in 2022. Candidates who pass the NMAT exam a second time are ineligible for the part 2 selection criterion.

A recent partnership between NMIMS Mumbai and Societe Generale, a renowned European financial institution, will promote research into creating blended finances for several social sectors.

ABET Accreditation, “The Global Gold Standard for Quality Assurance in Technical Education,” has been granted to NMIMS Engineering programmes.

NMIMS Accreditation and Ranking

Ranking bodyAccreditations & Rankings 
NIRF 202225( Management) ; 11( Pharmacy) ;  51 ( University) ; 89 (Overall) ; 135 (Engineering)
NAACA + ( with 3.59 CGPA)
NIRF 202122 ( Private MBA) ; 14 ( Pharmacy) ;  55 ( University)
Outlook MBA Rankings 4 ( top Private B Schools) 12 ( college/Universities)
MHRDCategory 1 University
Global International AccreditationAACSB
The Week 5 ( Private MBA)
Business STudy 10 ( MBA/ PGDM)
India Today2 ( BBA) 
Outlook53 ( University)

2022 NMIMS Placements

The 2022 placement campaign at NMIMS Mumbai just came to an end with the participation of over 150 recruiters. Aditya Birla Capital, EY, Capgemini, Cognizant, ICICI Bank, etc. were a few of the top employers. In comparison to the previous year, the highest wage package climbed by 66.04%, and the average salary for MBA Core students increased by 25.04%.

TISS Mumbai Schools

School of Development StudiesSchool of Education
School of Habitat StudiesSchool of Health Systems Studies
School of Human EcologySchool of Law, Rights and Constitutional Governance
School of Media and Cultural StudiesSchool of Management and Labour Studies
School of Social WorkSchool for Vocational Education
School of Research MethodologyJamsetji Tata School of Disaster Studies
School of Rural DevelopmentSchool of Gender Studies
School of Human Resource ManagementSchool of Livelihood & Development
TISS- Azim Premji School of EducationSchool of Social Sciences & Humanities
School of Public Policy & Governance


MA (Labour Studies & Practice, Media & Cultural Studies, Social Entrepreneurship)Eligibility: Any UG/ PG Degree from a recognized university
Selection Criteria: TISS-NET/ TISS-MAT+ Online PI
MA/ M.Sc (Analytics, Water Policy & Governance, Regulatory Policy & Governance)Eligibility: Any UG/ PG Degree from a recognized universitySelection Criteria: TISS-NET/ TISS-MAT+ Online PI
MHA3-year bachelor’s degree in any stream or a year postgraduate degree in Pharmacy, paramedical Science, Pharmacy, Veterinary Sciences, Engineering or LawSelection Criteria: TISS-NET + TISS-PAT + Online PI
MPH (Health Administration, Health Policy Economics & Finance, Social Epidemiology)3-year bachelor’s degree in any stream or a year postgraduate degree in Pharmacy, paramedical Science, Pharmacy, Veterinary Sciences, Engineering or LawSelection Criteria: TISS-NET + TISS-PAT + Online PI
B.EdMSc/ MA/ MCom with at least 55% aggregate marksSelection Criteria: TISS-NET + TISS-PAT + Online PI
PhD (Habitat Studies, Public Health, Social Work )Postgraduate degree in relevant subject + 5 years of Work ExperienceSelection Criteria: TISS RAT+ PI

2022 TISS Mumbai Placements

TISS Mumbai has finished its recruitment drive for 2022. The HRM & LR batch was entirely put. In comparison to the previous year, the highest pay climbed by 42.09%, the average salary increased by 22%, and the median salary increased by 19%. The campus was visited by 42 companies, including 5 first-time recruiters. Accenture, Aditya Birla Group, Dell Technologies, TCS, Flipkart, and many other companies were among the top employers. The following highlights of placing are listed:

  • The highest pay was 42.09 INR LPA.
  • The students were given a salary of INR 23.97 LPA on average.
  • Average wage was INR 22.50 LPA.
  • The top 10% of students earned an average salary of INR 37.22 LPA.
  • The top 25% of students earned an average salary of INR 32.21 LPA.

Prin. LN Welingkar Institute of Management Development and Research, Mumbai

One of the top management colleges in India is the Prin. L. N. Welingkar Institute of Management Development & Research, or Welingakar. The college has campuses in Bangalore and Mumbai. WeSchool Mumbai is renowned for offering its students a 2-year full-time flagship PGDM curriculum. The college additionally provides PGDM programmes in Business Design, E-Business, Research & Business Analytics, Healthcare Management, Retail Management, Rural Management, and Media & Entertainment. The college offers admission to its PGDM programmes based on applicants’ CAT, XAT, ATMA, and GMAT results.

The National Institutional Ranking Framework (NIRF) ranking of the top 100 Best Management Institutes for 2022 lists Welingkar Mumbai as the 68th-ranked educational institution from Mumbai. The college maintains connections with numerous foreign universities, including Audencia Nantes in France, VHL University of Applied Sciences in the Netherlands, University of Haifa in Israel, Ben-Gurion University of the Negev in Beer-Sheva, Tel Aviv University in Israel, IDC Herzliya in Israel, Copenhagen Business School in Denmark, Grand MacEwan College in Canada, Otto Fredrich Universitat in Bamberg, Germany, IESEG, F School of Management in France, Curtin.

A total of 358 firms visited the campus for Welingkar Mumbai’s final placements in 2021, with the highest offer being Rs 19.73 LPA. For the first time, 227 businesses participated in the WeSchool Placement Drive in 2021. The standard compensation was Rs 8.8 LPA.

Male to Female Ratio: The institution’s male to female ratio is 49.85% to 50.15%.

One of the main ways that the educational experience at WeSchool differs from other institutions is the “Global Citizen Leader Program (GCL)” of the Institute. included in every PGDM software.

WeSchool Mumbai offers MMS, PGDM, PGPM, Doctoral PhD, and part-time Master Programs as courses.

Welingkar Institute of Management has received recognition for excellence in employability through industry with a “special jury mention.”

Placements: A total of 358 firms visited Welingkar Mumbai, 227 of which were new businesses. The Institute’s PGDM programme offers the highest compensation package at INR 19.73 LPA, with an average package of INR 8.8 LPA.

Mumbai Placements for Welingkar in 2021

Companies responded very well to the placements at WeSchool, not just in terms of the quantity of job profiles but also the variety of opportunities and alluring packages. A total of 358 businesses, including 227 new ones, visited the campus. The Institute’s highest salary package is INR 19.73 LPA for the PGDM programme, with an average package of INR 8.8 LPA. Axis Bank, CITI Group, Cognizant Technology Solutions, Oracle, Wipro Technologies, Nestle India Limited, Schneider Electric, Morgan Stanley, DHL, Cognizant, Capgemini, Amazon, Accenture, Deloitte, HDFC Bank, Airtel, and others are just a few of the major employers. Analyst, Consultant, Senior Analyst, Associate Consultant, etc., were among the positions available.

Xavier Institute of Management & Research, Mumbai

The Master in Management Studies programme is a postgraduate degree programme in management offered by the Xavier Institute of Management and Research (XIMR) (MMS). The MMS programme currently has 61 places available (61 + 1 for J&K applicants).

By going to the MHT-CET website, applicants for admission to the MMS programme can apply through CAP counselling.

Demand draughts and other offline payment methods, as well as online payment methods like credit/debit cards, net banking, and cash deposits, are both accepted for the application cost.

Candidates for the MMS programme must hold a bachelor’s degree in any field with a minimum grade point average of 50%.

The MHT CET score is used to determine admission to the MMS programme, and then DTE, Maharashtra conducts CAP counselling.

As required by law, reservations are available.

XIMR High Points

Name of the InstituteXavier Institute of Management & Research, Mumbai
Institute TypeSelf-Financed
Basic Admission CriteriaMHT CET score
Application ModeOnline
CounsellingCAP Process

XIMR Mumbai MMS Admission 2022

Duration2 Years
Batch Size61
Basic Eligibility CriteriaBachelor’s Degree
Basic Selection CriteriaEntrance Exam followed by CAP counseling

MET Institute of Management, Mumbai

The Mumbai Educational Trust founded the MET Institute of Management as the MET League of Colleges in 1989. According to the Times B-School Survey 2022, the college is ranked as the 4th Best B-School in Mumbai, the 28th Best B-School in India, and the 15th Best B-School in the West. According to the Times B-School Survey 2022, MET Institute of Management is India’s 17th Best Private B-School and 18th Best B-School for Placements. The Economic Times has recognized the Institute as having the “Best Education Brand.” MET is also linked with the University of Mumbai and has an ISO certification.

One of the top MBA schools in India, MET Institute of Management offers the full-time, 2-year residential, AICTE-approved Master in Management (MMS) Program. In addition, the college provides PG courses such a PhD programme in management and a three-year part-time master’s degree in financial management, human resource development management, marketing management, and information management.

CAT, MAT, ATMA, CMAT, GMAT, MH CET, etc. scores and performance in the entrance exam, followed by GD and PI rounds, are used to determine admission to MMS programmes. For Ph.D. admissions, a valid score on the NET, JRF, SET, GATE, or CSIR, UGC, ICAR test will be taken into account.

Excellent placement chances are offered to MET, Mumbai students both domestically and internationally. During Final Placement, INR 15.5 LPA was the highest wage earned. Leading recruiters including CRISIL, Acuris, Morgan Stanley, BNP Paribas, MSCI, Tech Mahendra, Blue Star, Publicis Media, etc. participated in the placement drive.

MET Mumbai Courses, Eligibility, Admissions, Fees:

Course NameCourse EligibilityTotal Course Fee (in INR)
MMSEligibility: Graduation
Duration: 2 years
Admission Criteria: MAH-CET/ CAT/ CMAT/ XAT/ ATMA/ MAT score+GD+PI
Intake: 181
4.10 Lacs
Pt MMS (Marketing) MFM (Finance) MHRDM (Human Resource)Eligibility: Graduation +  a minimum of 2 years of work experience at the supervisory/executive level after graduation
Duration: 2 years
Admission Criteria: MAH-CET/ CAT/ CMAT/ XAT/ ATMA/ MAT score+GD+PI
2.25 Lacs 
PhD( Management)Eligibility: Post-Graduation
Duration: 3 years
Admission Criteria: NET-JRF/ SET/ GATE or CSIR/ UGC/ ICAR score+ PI
65,000  P.A.+ university fees as applicable (2021 Batch)

Sydenham Institute of Management Studies, Research and Entrepreneurship Education, Mumbai

One of the most well-known Commerce Colleges in India is Sydenham Institute of Management Studies and Research and Entrepreneurship Education (SIMSREE). SIMSREE’s parent institution is Sydenham College. By providing a Full-Time Masters Program with a specialisation in Finance, HR, Marketing, Operations, and Systems, the institute develops great leaders. It also provides a part-time master’s programme in marketing and finance to better serve working professionals. SIMSREE recognises merit obtained in the MAH CET, CAT, XAT, or MAT national level exams.

Established | Institute Type1983 | Private
Approved byAICTE
Affiliated toMumbai University
Entrance ExamNational: CAT/ XAT/ MAT
Courses OfferedPG and Ph.D.
Application Mode | FeesOnline | INR 1150 & INR 950
No. of Seats – MMS | PGDBM | MFM & MMM | Ph.D198 | 60 | 30 | 24
Top RecruitersBank of America, Accenture, Kotak Mahindra Bank, HDFC Bank, Tata Capital, Schindler, Reliance General Insurance, Infosys, IndusInd Bank
Official Website
Admission Helpdesk+912261510701
Location3rd Floor, B-Road, Churchgate,
Mumbai – 400020, India

SIMSREE Positions

The final report for SIMSREE Placements 2021 has been made public. 86 recruiters reportedly visited the university, according to the report. 39 of them were rookie recruiters. The average pay for students was INR 12.30 LPA. The highest salary provided increased from INR 20 LPA to INR 25 LPA.

Top MBA Colleges in Mumbai

Frequently Asked Questions

Q1. Which is the No 1 college in Mumbai for MBA?

Ans. Indeed, Mumbai is one of India’s leading MBA destination. Based on reputed Rankings, Top 5 MBA colleges in Mumbai are SPJIMR Mumbai, NMIMS Mumbai, IIT Bombay, NITIE Mumbai, JBIMS Mumbai.

Q2. Is Mumbai good place for MBA?

Ans. Mumbai, the financial and business capital of India, is also among the top MBA destinations in the country. Indeed, Mumbai is one of India’s leading MBA destination. Best MBA colleges in Mumbai offer quality MBA education with high placements. It is also a hub of education in management, technology and allied sectors.

Q3. How many MBA colleges are there in Mumbai?

Ans. Mumbai has a total of 163 MBA colleges wherein the candidate can select any of the colleges according to them.

Q4. What is MBA called in Mumbai?

Ans. MMS

In Mumbai University, MBA is termed as MMS as they term BBA as BMS.

Q5. Which MBA field is best?

Ans. 7 MBA Specializations to Enhance Your Professional Career:

  • MBA in Accounting. An MBA in Accounting prepares graduates to measure, analyse, interpret, and communicate economic data. 
  • MBA in Analytics Intelligence. 
  • MBA in Healthcare Management. 
  • MBA in Human Resources Management. 
  • MBA in Management. 
  • MBA in Marketing.

Q6. What is the purpose of doing MBA?

Ans. An MBA can enhance your marketability as a professional and increase the quality and quantity of job opportunities. Over 98% of Wharton MBA graduates are extended full-time job offers. An MBA also helps you build business leadership skills, as well as a professional network.

Q7. Is MBA the right choice for me?

Ans. Yes, definitely, the MBA credential is very valuable for entrepreneurs, leaders and visionaries. And most people would agree that whether you’re starting from scratch, figuring out how to find a job or maximizing your years of work experience, education is almost always a worthwhile investment.

Q8. What is an MBA student called?

Ans. A person who has completed an MBA is called a person, at least in the U.S. Certain MBA holders will add the MBA designation after their name, similar to a PhD. But this is not that common. Since people with a doctorate are often referred to as “Dr.”, one might think that a person with an MBA would be called “Master.”

Q9. Is MBA necessary for successful business?

Ans. You do not necessarily need an MBA or a university degree to be a successful business owner, but you can always return to school at any point in your career to earn a degree if you choose to.

Q10. How old is the average MBA student?

Ans. Full-time program students average about 27 years old when starting their MBA programs. This fits in with the three to six years of work experience most graduate students have before starting their MBA. Most full-time U.S. MBA students have an average of five years of work experience.

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