Table of Contents
MBA fees in Mumbai
MBA colleges in Navi Mumbai: Top MBA colleges in Mumbai shortlist and offer admission to their flagship MBA/PGDM programmes on the basis of the Entrance exams. As discussed in the article we have also covered details about the MBA fees in mumbai
To get in for an MBA in mumbai university 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. Top MBA colleges in mumbai Admission will also be done on the basis of CAT 2021, MAT 2021, XAT 2021 & CMAT scores.
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 |
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MBA colleges in mumbai fees are not too expensive as even the Tier 3 colleges too gives one of the best placement opportunities.
best colleges in mumbai based on 2022 Ranking
- IIT Bombay, Mumbai. Mumbai, Maharashtra | AICTE, UGC Accredited.
- ICT Mumbai, Mumbai.
- IHM Mumbai, Mumbai.
- St. Xaviers
- Xavier Institute of Communications, Mumbai.
- Mithibai College of Arts, Mumbai.
- Ramnarain Ruia Autonomous College, Mumbai.
- SJMSOM, Mumbai.
MBA course fees in mumbai differs from college to college as they all have different fees structure. There are MBA colleges in mumbai with low fees such as
Top MBA colleges in mumbai with low feesShow 102550100 entriesSearch:
| Top MBA college with Low Fees | Programme Fee |
|---|---|
| Faculty of Management Studies (FMS) Delhi – University of Delhi | Rs. 1,94,000 |
| Delhi School of Economics, Delhi University | Rs. 32,000 |
| GGSIPU, Delhi | Rs. 59,000 |
| PUMBA, Pune | Rs. 1,34,000 |
Showing 1 to 4 of 4 entries
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
What are the Top MBA Colleges in India? It’s one of the frequently asked question we come across and this article provides you with the latest information on the Best B-Schools and the last dates to apply for their courses.
It is not easy to get into the top MBA colleges in India, as the competition increases more and more and seats in these best MBA colleges in India shank every year. Every student dreams to study at the top 10 MBA colleges in India like IIMs but only a percent gets selected, Being an MBA aspirant the first thing one looks for is the number of intakes in the flagship program in order to assess the chance of securing admission in these MBA colleges. Although there are many top MBA collegesdivided into tiers as top 10 MBA colleges in India consist of the best institutions in India, which we have talked about in this article. But in some cases, we can also get the best colleges for MBAeven if you have a lower percentage through CAT some other best colleges for MBA in Indiaaccept 50 – 60 Percentile in CAT 2021.
- Shanti Business School (Ahmedabad)
- Institute of Marketing & Management (New Delhi)
- Karnavati University (Gandhinagar)
- Narayana Business School (Ahmedabad)
- ASM’s Group of Institutions (Pune)
- Universal Business School (Karjat)
Management aspirants strive to get into a top B-School of their choice. Unfortunately, things don’t always go as planned. Candidates must remain positive despite such setbacks. Numerous MBA colleges in India offer world-class management education and excellent placement opportunities. In case you are not able to get into your preferred institute, start looking for the next best option. There are over 3,500 MBA colleges in India, so choosing the right one can be a difficult task. tier 2 colleges in India are also worth considering in addition to Tier 1 institutions that are highly ranked in India.
The tier 2 colleges in India are well equipped with modern infrastructure, some are pocket-friendly, and have good faculty and placement cell. Some of the private tier 2 MBA institutes also offer exchange programs with foreign universities. These institutes are also ranked in the top 50, in the MBA institute ranking order. Most of them select candidates on the basis of common entrance exams like CAT, XAT, CMAT, SNAP, MAT, MAH-CET, and GMAT, so the candidates do not have to appear for a separate exam.
A lot of students mix up the meaning of applying for an exam and applying for a B-School. There is a difference.
TOP B schools in India: IIM Ahmedabad, IIM Bangalore, and SPJIMR have also been ranked among the global top 50 institutes in the latest Financial Times Masters in Management (MiM) Rankings 2021 MBA in India. IIM Ahmedabad has been ranked 26th, SPJIMR has been ranked 39th and IIM Bangalore has been ranked 47th. Read below all about MBA rankings and the best MBA colleges in India.
By applying for certain exams, you are automatically applying for the colleges as well, like CAT for IIMs, IIFT for its namesake, XAT for XLRI, etc.
Another option is to apply to a private institution that accepts CAT/GMAT scores, but those applications are quite different. There is a different application process for these institutes than for CAT or XAT, for example. Many things need to be taken care of, including different deadlines, fees, and programs to apply for.
Hence, to make things clearer, this blog article discusses the top MBA colleges inIndia, without getting into details such as the cut-offs, fees, CTCs etc. You will find a list of colleges and a short note on how one should select colleges to apply to.
As a compilation we have gather details on the Top MBA colleges in India include IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode and IIM Indore according to the MHRD-NIRF rankings 2021. Other popular B-Schools such as XLRI Jamshedpur, MDI Gurgaon, IMI, SPJIMR, IMT, VIT, Fore School of Management and Department of Management Studies of the IITs also rank among top MBA colleges in India as per the NIRF rankings as well as other B-school surveys such as by India Today, Outlook and Business Today.
Among the MBA best colleges in India, a few of them are also usually ranked as the best among all globally. For example, In the Asia-Pacific B-Schools ranking 2021 by Bloomberg Businessweek the ISB has been ranked at the fifth position while IIM Bangalore has been ranked sixth.
MBA colleges in Mumbai – Fee structure and average salary
Show 102550100 entriesSearch:
| Name of Colleges | Fee Structure | Avg. Placement Salary |
|---|---|---|
| Indian Institute of Technology | Rs.2,27,850 (per semester) | Rs 20.8 LPA |
| Jamnalal Bajaj Institute of Mgt Studies | Rs 3 lakh (annually) | Rs. 20.13 LPA |
| Narsee Monjee Institute of Mgt Studies | Rs. 9,25,000 (annually) | Rs 17.6 LPA |
| National Institute of Industrial Engineering | Rs 12,53,000 (total fees) | Rs.19.5 LPA (approx.) |
| SP Jain Institute of Mgt & Research | Rs 17,87,500 (annually) | Rs 22 LPA |
| Tata Institute of Social Sciences | Rs 2 LPA (approx.) | Rs18 LPA (approx.) |
| IBS-ICFAI Mumbai | Rs 4.005 lakh (annually) | Rs7.32 LPA (approx.) |
| K.J. Somaiya Inst. Mgt. & Research | Rs 6,58,200 (annually) | Rs. 10.05 LPA |
| Welingkar Institute of Mgt Development & Research | Rs 5,50,000 (annually) | Rs 9.05 LPA |
| ITM Business School | Rs. 9,95,000 (total fees) | Rs 6.5LPA (approx.) |
Showing 1 to 10 of 12 entries
Top MBA Colleges in Mumbai with low 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
Mumbai is now a one-stop location for a lot of applicants who would like to be admitted to the best MBA colleges. There are numerous excellent Government or Private MBA colleges in Mumbai. Today, MBA aspirants are required to be able to manage in order to be successful. SPJIMR is among the most prestigious private MBA schools located in Mumbai. It is a top management school that regularly ranks among the top management schools in India. Students of this college take 3 weeks to complete advanced specialisations at the world-class b-schools via its International Immersions. Other best private MBA institutions that are located in Mumbai include:
- Narsee Monjee Institute for Management Studies
- Prin LN Welingkar Institute of Management Development and Research, Mumbai
- KJ Somaiya Institute of Management Studies and Research
- ITM Business School
How do I get into the top private MBA schools in Mumbai?
In order to be admitted into the best privately-owned MBA schools in Mumbai applicants are required to take the entrance examinations. There are many entrance tests that are held every year to gain admission to MBA colleges. CAT is among the most popular MBA entrance exams. It is offered each year. More than 1000 B-schools accept a scores to grant admission to management courses.
In addition to CAT, additional entrance exams comprise the XAT, MAT as well as CMAT. A lot of private MBA colleges have their own entrance exams. Narsee Monjee Institute of Management Studies is one of these private institutions and they administer the NMAT..
The most popular MBA Programs in India
- Aerospace
- Civil
- Computer Science
- Mechanical
- Electrical
What is the placement or professional quality offered by the best private MBA schools in Mumbai?
The percentage of students who are placed at the top private MBA schools in Mumbai is impressive. In 2019, the final interview for Narsee Monjee Institute for Management Studies was amidst more than 166 firms and provided the highest pay of 30,37,000 LPA.
In addition, as per the final record of placement for year 2017-18 at KJ Somaiya Institute of Management Studies and Research The average amount of money given was 9,87,000 LPA. The best private MBA schools in Mumbai also offer excellent quality of placement and professional assistance.
If you are planning to pursue MBA from Mumbai, the financial capital of India, and are searching for the best MBA colleges in Mumbai accepting CAT, XAT, CMAT, MAT, MBACET for MBA admission, you are at the right place.
MBAUniverse.com has researched about the best MBA colleges in Mumbai, their fee and admission process. This will help you know all the important details about MBA colleges in Mumbai. So read this article to check the list of MBA colleges in Mumbai, their Placements, Fee, Cut offs and much more to help you choose the right MBA college in Mumbai.
What makes Mumbai India’s top MBA destination
Here are key reasons that make Mumbai a much sort after MBA city.
Financial and Business Hub
While Delhi is the political capital, Mumbai is the financial and business capital of India. Bombay Stock Exchange, National Stock Exchange of India, the SEBI are all headquartered here. Hence, it is one of the world’s top ten centres of global financial transactions. Corporate headquarters of leading Indian companies and MNCs like Unilever, P&G, Godrej, L&T, HDFC, Kotak Bank, ICICI Bank, Tata Group, Reliance Industries, Aditya Birla Group are also in Mumbai. Mumbai is also the media, advertising and entertainment capital of India.
Bright job and career prospects for MBAs
If you are looking for a job in the financial sector, Mumbai is the place to be. MBAs can apply for jobs in Banking and Financial sectors in companies like HDFC, Kotak Bank, ICICI Bank and AXIS Bank. There are plenty of jobs in sales and marketing that are available in Mumbai in companies like Unilever, P&G, Godrej and many others. Being a media, advertising and entertainment capital of India, you can also apply for jobs in companies like Star TV, Zee TV, JWT, Times of India and many others.
Hub of MBA education
Finally, Mumbai is also a hub of education in management, technology and allied sectors. In addition to MBA colleges like SPJIMR, JBIMS and NMIMS, Mumbai also has leading institutions IIT Mumbai and Tata Institute of Social Sciences (TISS).
Now we will discuss about MBA colleges in Mumbai:
- MBA colleges in Mumbai accepting CAT, XAT, NMAT, CMAT, MAT, MBACET
- MBA colleges in Mumbai with Fees
- MBA colleges in Mumbai with Placements
MBA colleges in Mumbai
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. If we expand this list, then SJMSOM-IIT Mumbai, Welingkar, Mumbai, SIMSREE Mumbai, SIES Mumbai, IESMCRC Mumbai, Kohinoor Business School are also highly ranked MBA colleges in Mumbai.
MBA Colleges in Mumbai accepting CAT, XAT
MBA colleges in Mumbai shortlist and offer admission to their flagship MBA/PGDM programmes on the basis of CAT and XAT exams.
A student’s favourite, Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai is one of the best MBA colleges in Mumbai with low fee structure, strong alumni base and high placements. The CAT score cut off at JBIMS is 95+ percentile! NITIE Mumbai, SJMSOM-IIT Mumbai and IIM Nagpur accept only CAT score.
SPJIMR Mumbai, K J Somaiya Institute of Management, SIMSREE, SIES, IESMCRC, are other good MBA colleges in Mumbai who accept CAT and XAT score.
School of Business Management, Narsee Monjee Institute of Management Studies (NMIMS) accepts only NMAT by GMAC scores and does not accept CAT or XAT scores in admission.
MBA Colleges in Mumbai accepting CMAT, MAT
If you don’t have a high CAT or XAT score, don’t worry. Most MBA colleges in Mumbai like K J Somaiya Institute of Management Mumbai, Welingkar, Chetana’s Institute of Management and Research, SIES Mumbai, N L Dalmia, IES MCRC Mumbai, ITM Navi Mumbai, VESIM Mumbai, DSIMS Mumbai, Guru Nanak Institute of Management Studies (GNIMS), BVIMSR, Mumbai; offer admissions based on CAT, XAT, CMAT/MAT or both CMAT and MAT exam scores. If you have 70 to 90+ percentile score in CMAT or MAT, you stand a good chance.
MBA Colleges in Mumbai accepting MAHCET; Cut offs
MBA/MMS programme is the low fee high RoI flagship 2 years full time MBA programme offered by 400 MBA colleges in Mumbai & rest of Maharashtra on the basis of state level MBACET exam conducted by Government of Maharashtra. The MMS or MBA in Mumbai through Government counseling is a low fee and high RoI management programme. Top MBA colleges like JBIMS Mumbai, SIMSREE Mumbai, K J Somaiya Institute of Management Mumbai, DSIMS Mumbai, SIES Mumbai, IES MCRC Mumbai, ITM Navi Mumbai, VESIM Mumbai, also accept MAHCET exam score for admission.
15% seats are reserved for All India category candidates in 400 MBA colleges in Mumbai and rest of Maharashtra accepting MBACET scores. There are about 44000 total MBA/MMS/PGDM seats in MBA colleges in Maharashtra through DTE, Government of Maharashtra counseling. Read all about MBACET MBA exam
Fee for MBA Colleges in Mumbai
There are several MBA programs available in Mumbai. The cost structure for Government MMS/MBA universities as well as other top MBA colleges in Mumbai is also rather diverse. Do you know that JBIMS Mumbai has increased its tuition by 200 percent, from Rs.2 lakhs to Rs.6 lakhs, yet it is still low? Other Top MBA Colleges in Mumbai charge between 10 and 20 lakhs, which is comparable to IIMs. But don’t be concerned. There are several respectable MBA institutions that price between 5 and 10 lakhs and provide excellent education and opportunities. Let’s have a peek at the tuition for a few prominent B-schools:Show 102550100 entriesSearch:
| MBA college in Mumbai | Fee for 2 year MMS/MBA/PGDM (Rs. In lakhs) |
|---|---|
| SPJIMR, Mumbai | 17.5 |
| NMIMS, Mumbai | 19.76 |
| NITIE Mumbai | 12.53 |
| JBIMS Mumbai | 6 |
| K J Somaiya Institute of Management, Mumbai | 14.94 |
| SIES, Mumbai | 7.2 |
| SIMSREE, Mumbai | 1.46 |
| IESMCRC, Mumbai | 6 |
| Chetana’s Institute of Management and Research | 6.6 |
| SDA Bocconi Asia Center, Mumbai | 18.6 |
Showing 1 to 10 of 12 entries
Also check the Top MBA colleges in India along with some other details.
Top Five Management Colleges in India: Top Specializations
Top MBA Colleges offering MBA in sales and marketing
- Indian Institute of Management, Ahmedabad
- Narsee Monjee Institute of Management Studies, Mumbai
- Indian Institute of Management, Kolkata
- Vinod Gupta School of Management, IIT Kharagpur
- Indian Institute of Management, Indore
Top MBA Colleges offering MBA in Human Resources
- Indian Institute of Management, Bangalore
- XLRI Xavier School of Management, Jamshedpur
- Shailesh J. Mehta School of Management, IIT Bombay
- Department of Management Studies, IIT, Roorkee
- MDI Gurgaon
Top MBA Colleges offering MBA in Foreign Trade
- Indian Institute of Foreign Trade, New Delhi
- JMI Delhi
- Loyola Institute of Business Administration, Chennai
- Institute of Management Studies, BHU, Varanasi
- Institute of Management, Nirma University, Ahmedabad
How to select the best MBA colleges in India?
Choosing an MBA college that is suitable in all aspects requires a bit of research. Some steps to narrow down the choice of college are
- Choose a college that provides the specialization you are interested in.
- College accreditation or affiliation matters the most. Look out for this.
- Go through the list of faculty members (do a check on their experience and qualification).
- Go through the course content and see if all you need to learn for your future is provided there.
- Infrastructure and alumni need to be considered too.
- Placement options give a clear idea about the legacy of the college, so, check that out always.
Top MBA colleges in India 2021 Accepting CAT 2021 Score
The CAT 2021 Results were published on January 3. More than 100 top MBA colleges in India accept CAT 2021 scores for MBA Admission 2022. There are 20 IIMs, and other top MBA schools in India, such as FMS Delhi, MDI Gurgaon (SPJIMR Mumbai), SJMSoM IIT Mumbai, and DoMS IIT Delhi. This article will provide information about MBA schools that accept CAT scores. Below is a list of colleges that accept CAT scores in different percentiles. To find out more, click on the College Name.
Top IIMs Accepting Cat: Cutoffs between 90-100 CAT Percentile
IIMs are the most popular MBA colleges that accept CAT scores since they only offer CAT for admission. There are currently 20 IIMs. All IIMs accept CAT 2021 scores for admission 2022. The IIMs all have their sectional and total CAT score cutoffs, which range from 80 to 98 percentile. Below you will find information about top IIMs such as the fees and placements.Show 102550100 entriesSearch:
| Institute Name | Fee (Rs. in lakhs) | Average Salary (Rs. in lakhs) |
|---|---|---|
| Indian Institute of Management, Ahmedabad | 23 | 25.83 |
| Indian Institute of Management, Calcutta | 22.5 | 29 |
| Indian Institute of Management (IIM) Bangalore | 23.2 | 24.54 |
| Indian Institute of Management Lucknow | 19.25 | 26 |
| Indian Institute of Management, Indore | 16.5 | 23.6 |
| Indian Institute of Management (IIM) Kozhikode | 19 | 22.5 |
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Conclusion:
India is home to some of the most prestigious MBA universities around the world. Students from all over the world come to these universities to pursue top MBA programs. It is not as easy as finding the right university, but the sky is the limit for anyone who is determined.
We hope this list will help you choose the right university for your needs. If you still have questions, you can always contact Formfees counselors, They are always available to answer them.
Frequently Asked Questions
1. Which is the No 1 MBA college in India?
Answer. IIM Ahmedabad leads the list of the top MBA colleges in India followed by IIM Bangalore, then IIM Kolkata and so on. NIRF rankings showcasing the top MBA colleges in India 2021 include the above three and IIM Kozhikode, IITs like IIT Delhi, XLRI MDI Gurgaon to name a few.
2. Which is the top MBA college in India?
The top MBA college in India as per the latest NIRF rankings is IIM Ahmedabad. It is followed by IIM Bangalore on Number 2, IIM Calcutta on Number 3, IIM Lucknow on Number 4 and IIT-Delhi-DoMS on Number 5.
3. Between a private and a government MBA college, which is better?
Answer. Any MBA college which is UGC recognised and AICTE is approved is good, because they offer the latest curriculum. However, between private and government colleges, it is upto the candidate to decided which MBA college to choose. While private institutions have better infrastructure, government institutions charge low fees.
4. Which are the top MBA colleges in India?
Answer. Some of the top MBA colleges in India are IIM Bangalore, IIM Ahmedabad, IIM Calcutta, ISB, SPJIMR, FMS Delhi, and many more.
5. How much does MBA in India cost?
Answer. The Average Tuition fee for the top MBA colleges in India is approx. INR 10,68,413.
6. Which MBA college gives highest package?
Answer. List of MBA Colleges Offering Best ROI in IndiaShow 102550100 entriesSearch:
| S.No. | Name of the Institute | Highest Salary Package (in Rs. LPA) |
|---|---|---|
| 1 | IIM Ahmedabad | 55.9 |
| 2 | IIM Calcutta | 80 |
| 3 | IIM Bangalore | -- |
| 4 | FMS, Delhi | 58.8 |
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7. Which is the best college in India to do MBA?
Answer. Here is the list of Top 50 MBA Colleges in India:Show 102550100 entriesSearch:
| National Cluster Rank* | MBA Colleges | "Weighted Index (Out Of 1000) |
|---|---|---|
| 1 | Indian Institute Of Management, Bengaluru | 905.3 |
| 2 | Indian School Of Business, Hyderabad | 890.5 |
| Faculty Of Management Studies, University Of Delhi, Delhi | 890.2 | |
| Indian Institute Of Foreign Trade (IIFT), New Delhi | 883.7 |
Showing 1 to 4 of 4 entries
8. Is GMAT accepted in IIM?
Answer. Top MBA colleges in India accepting GMAT include IIMs, ISB, XLRI, SPJIMR, and many other top B-schools. If you are an Indian MBA applicant, you can use your GMAT score to apply to MBA programs in India as well as in foreign B-schools: One Year MBA in India at ISB, IIMs, XLRI, SPJIMR, Great Lakes.
9. Is there 100 placement in MBA?
Answer. Many MBA colleges give 100% placement opportunities. But, good packages are offered in the above-mentioned colleges.
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