MBA Colleges in Navi Mumbai

MBA Colleges in Navi Mumbai

Top MBA colleges in Mumbai shortlist and offer admission to their flagship MBA/PGDM programs 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 to the MBA course. MAH CET is a state-level examination organized by the 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

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

MBA colleges in Mumbai fees are not too expensive as even the Tier 3 colleges too give one of the best placement opportunities. 

best colleges in Mumbai based on the 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 differ from college to college as they all have different fees structure. There are MBA colleges in Mumbai with low fees such as 

Top MBA College with Low Fees

College Name	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

Top 10 MBA Colleges in Mumbai

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

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

A list of MBA colleges in Mumbai including Top MBA colleges with Entrance exams is given below in the article

Business schools in Mumbai In Navi Mumbai, there are nearly Top 20 MBA Colleges that provide full-time MBA programs. Approximately 91.7 percent of the top MBA institutions in Navi Mumbai are private, with the remaining 8.3 percent being public/government.

Top MBA Colleges in Navi Mumbai

Parameters	Particulars/ Statistics
No. of top MBA colleges in Navi Mumbai	20 Colleges approx.
Fees	Annual Fee INR 1-2 Lakh- 17.6% Annual Fee INR 2-3 lakh- 17.6%
Top specialisations	Finance, Sales & Marketing, Human Resources, IT & Systems, Operations, etc.
Admission Process	Entrance based
Number of IIMs and IITs	IIM Indore- Mumbai Campus

The two-year full-time MBA program offers several professional and entrepreneurship prospects. This course teaches you about business administration and how to manage your company’s operations. MBA programs are open to students from all disciplines, including science, business, and humanities. Such students should also have crucial talents such as great communication, leadership, problem-solving, management, research orientation, strong mathematics abilities, and so on. 

Top MBA Colleges in Navi Mumbai Eligibility Criteria

The eligibility criteria for MBA could vary from college to college. The basic qualifications for MBA are as the following:

1. Candidates must be graduates from any field or similar at a recognized university to meet the basic qualification required to be eligible for MBA (full-time).
2. The majority of institutes adhere to the minimum score requirement for graduation, which is 50 percent on average, or equivalent. Students who are in the reserved category, it is required to score 45% overall.
3. Candidates who have completed their final year are qualified in applying for MBA when they show evidence of their graduation within the timeframe stipulated by the institution.

List of Top Private and Government MBA Colleges in Navi Mumbai

In Navi Mumbai, there are nearly 20 MBA institutions, 13 of which are private and the rest are public/government. The following is a list of some of the best private, public, and government MBA colleges in Navi Mumbai.

List of Private MBA Colleges in Navi Mumbai

Institute Name	Fees
ITM Business School, Navi Mumbai	10.45 Lakh
School of Management, D.Y. Patil University	8.40 Lakh
Terna Global Business School	4.40 Lakh
Institute of Business Studies and Research, Navi Mumbai	5.75 Lakh
Bharati Vidyapeeth Institute of Management Studies and Research	4.00 Lakh

Top MBA Colleges in Mumbai Accepting CAT Score

Top MBA Colleges in Mumbai accepting CAT Score shortlist and grant admission to their top MBA and PGDM courses according to the CAT 2021. The top choice of students, Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai is one of the top MBA schools in Mumbai with a low-cost fee structure, a strong alumni network, and high levels of placement. The CAT score required at the most prestigious MBA school situated in Mumbai has 95+ percent! Other top MBA schools in Mumbai that are open to admission with CAT 2021 scores include SPJIMR Mumbai, NITIE Mumbai SJMSOM IIT Mumbai, Kohinoor Business School, and IIM Nagpur among others. Search:

MBA Colleges in Mumbai accepting CAT Score	Expected Cut Off
SPJIMR Mumbai	CAT 90-100
IIT BOMBAY Mumbai	CAT 80-90
NITIE Mumbai	CAT 80-90
K J Somaiya Institute of Management Mumbai	CAT 87
BITS School of Management - BITSOM	CAT 80-90
Prin. L. N. Welingkar WE School Mumbai	CAT 70-80
Vijay Patil School of Management (VPSM): DY Patil University Navi Mumbai	CAT 70-80
Institute of Management Technology Nagpur	CAT 70-80
SDA Bocconi Mumbai	CAT 70-80
SIMSREE Mumbai	CAT 75
SIES Mumbai	CAT 70-75
Chetna CIMR	CAT 65-70
ITM Group of Institutions	CAT 65-70
IES Management IES MCRC Mumbai	CAT 70-75
Vivekanand Business School (VBS) Mumbai	CAT 60-65
Kohinoor Business School	CAT 60-65
Guru Nanak GNMIMS Mumbai	CAT 60-65
DSIMS Mumbai	CAT 70-75
Bharati Vidyapeeth`s BVIMSR Mumbai	CAT 55-60
MET Mumbai	CAT 50-60

Hope you have noted the Top MBA colleges in Mumbai using CAT scores. Admissions are open to many of them, as indicated above. So make sure you use your CAT 2021 Scores well to apply to these best B-schools using CAT scores.

MBA Colleges in Mumbai Accepting MAT Score

Many major MBA colleges in Mumbai recognize MAT 2022 scores and admit students to their flagship MBA/PGDM programs. But, before you look at the list of top MBA colleges in Mumbai that take MAT, what the admission procedure is like at these MAT institutions in Mumbai, and how to find the finest B-School in Mumbai that accepts the MAT test, let’s first discuss What is the MAT test, when is it held, and additional information.

What is the MAT Exam?

Management Aptitude Test (MAT) is among the crucial six MBA entrance tests. It is conducted by the All India Management Association (AIMA) and is a simpler test leading to MBA admission into top MBA colleges. The exam is held in three ways, including CBT IBT, or PBT. The total number of questions on the test is 200 and divided into five sections. There are 40 MCQs in each section. The required percentile for MBA admission into top colleges is 90+. See the list of Top Colleges below

List of MBA Colleges in Mumbai accepting MAT Score

MBA Colleges in Mumbai Accepting MAT score	Expected MAT Cut off percentile
SIES School of Business Studies Navi Mumbai	80-90
ITM Navi Mumbai	60-70
Chetana’s CIMR Mumbai	80-90
N. L. Dalmia Institute of Management Studies and Research Mumbai	70-80
Vivekanand Business School (VBS) Mumbai	70-80
IES Management College And Research Centre (IESMCRC) Mumbai	70-80
MET Mumbai	70-80
Kohinoor Business School Mumbai	70-80
Durgadevi Saraf Institute of Management Studies Mumbai	70-80
Vijaybhoomi University Mumbai	70-80
Guru Nanak Institute of Management Studies Mumbai	70-80
ATLAS SkillTech University Mumbai	60-70
CII School of Logistics, Amity University	60-70

Top MBA Colleges in Mumbai Accepting XAT Score

The top MBA schools in Mumbai list their shortlists and provide admission to their most prestigious MBA/MMS/PGDM programs based on the XAT score. After an announcement about XAT 2022’s results and the publication of the XAT scorecards in the third week of January 2022 Some of the best MBA schools located in Mumbai that accept XAT for admission into MBA/PGDM programs in 2022 will begin their shortlisting process and make the announcement of their shortlist. A few of the best MBA schools in Mumbai that accept XAT scores along with the state-level MH-CET exam will select the applicants after considering CET test scores in the months of March and April.

The top MBA schools located in Mumbai accepting XAT scores for 2022 are K J Somaiya Institute of Management and Welingkar among others. All of these MBA colleges have strong success in obtaining students. The XAT cutoffs at these top MBA schools in Mumbai vary from 60-90 percentile.

Best MBA Colleges Located in Mumbai Accepting XAT Scores at or Above the 80 Percentile

Top MBA colleges located in Mumbai Accepting XAT scores of at or above 80 percent are some of the top MBA schools in Mumbai that accept XAT scores and will accept students in 2022. The most prestigious MBA schools that accept XAT results in 2022 that have high cutoff percentiles include K J Somaiya Institute of Management Mumbai, Prin. L. N. Welingkar WE School Mumbai among other colleges. Find out more about the cut-offs as well as admissions in these top MBA schools in Mumbai that accept XAT scores of over 80 percent.

MBA Colleges Located in Mumbai Accepting XAT Scores 70 Percentile and Above

Other top MBA schools in Mumbai that accept XAT scores that are 70 percentile or higher include a few of the best MBA institutions in Mumbai that accept XAT scores until 2022 such as SIESCOMS, CIMR, IESMCRC, SDA Bocconi among others. Find out more about the criteria for admission and admissions status of the following MBA schools in Mumbai that accept XAT scores of 70 percentile or more

MBA Schools are Located in Mumbai Accepting XAT Scores of 50 Percentile and Above

MBA institutions in Mumbai accept XAT scores that are 50 or above. are also among the most prestigious MBA schools that are located in Mumbai accepting XAT scores in 2022. These MBA schools that are located in Mumbai and accept XAT scores are ITM, BVIMSR, and VESIM among other colleges. Find out more about the criteria for admission and admissions status at the top MBA institutions in Mumbai that accept XAT scores of 50 percent and above

List of MBA Colleges in Mumbai Accepting XAT Score

In the list given below with the important links leading to the key information about the B-schools, let us know about the MBA colleges in Mumbai accepting XAT scores in different percentile ranges.

MBA Colleges in Mumbai Accepting XAT: Expected Cut Offs

MBA Colleges in Mumbai accepting XAT Score	Expected Cut Off
K J Somaiya Institute of Management Mumbai	84-87
Prin. L. N. Welingkar WE School Mumbai	80-83
SIES Navi Mumbai	70-75
IES Management IES MCRC Mumbai	70-75
Chetna CIMR	60-65
ITM Group of Institutions	60-65
SDA Bocconi Mumbai	65-70
Vivekanand Business School (VBS) Mumbai	55-60
Guru Nanak GNMIMS Mumbai	55-60
DSIMS Mumbai	65-70
Bharati Vidyapeeth`s BVIMSR Mumbai	50-55

I hope you have taken notice of the Top MBA institutions in Mumbai that accept XAT results. Admissions to them will open soon, as previously stated. So, make the most of your XAT 2022 Scores when applying to the best B-schools using XAT scores.

If you are from another location, you may also read about the Top MBA Colleges in India.

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 colleges divided 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 MBA even if you have a lower percentage through CAT some other best colleges for MBA in India accept 50 – 60 Percentile in CAT 2021.

1.       Shanti Business School (Ahmedabad)
2.       Institute of Marketing & Management (New Delhi)
3.       Karnavati University (Gandhinagar)
4.       Narayana Business School (Ahmedabad)
5.       ASM’s Group of Institutions (Pune)
6.       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 in India, 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 gathered details on the Top MBA colleges in India including 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 the 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.

Top MBA Colleges in India with NIRF Ranking 2021

The Ministry of Education, Government of India, releases an annual ranking of top MBA colleges in India under the National Institutional Ranking Framework or NIRF. The all-India ranking is given to the 100 best MBA colleges in India on the basis of several parameters such as teaching, learning, resources, research and professional practices, graduation outcomes, outreach and inclusivity, and perception.

Given below is the list of the top 10 MBA colleges in India as per the NIRF ranking 2021. Along with the NIRF ranking of the top 10 MBA colleges in India.

Name of the College	NIRF ’21 Ranking
IIM Ahmedabad	1
IIM Bangalore	2
IIM Calcutta	3
IIM Kozhikode	4
IIT Delhi DoMS	5
IIM Indore	6
IIM Lucknow	7
XLRI Jamshedpur	8
IIT Kharagpur-VGSOM	9
IIT Bombay SJMSOM	10

List of Top MBA Colleges in India

1. FMS Delhi: Entrance Exam – CAT | Fees – 2 Lacs for 2 years | Average Package – 25 lacs per annum | Cut-off – 99 % +
2. IIM Ahmedabad: Entrance Exam – CAT | Fees – 28 Lacs | Average Package – 26 Lacs per annum | Cut-off – 99%
3. IIM Bangalore: Entrance Exam – CAT | Fees – 23 Lacs | Average Package – 26 Lacs per annum | Cut-off – 99%
4. IIM Calcutta: Entrance Exam – CAT | Fees -27 Lacs | Average Package – 25 Lacs | Cut-off -99%
5. JBIMS Mumbai: Entrance Exam – MHCET / CAT | Fees – 5 Lacs | Average Package – 25 Lacs per annum | Cut-off – 99 %
6. ISB Hyderabad: Work experience of 2 years is required for admission- Entrance Exam – GMAT | Fees – 40 Lacs | Average Package – 25 Lacs per annum | Cut-off – 710
7. TISS Mumbai: Entrance Exam – TISS | Fees – 2 Lacs | Average Package – 21 Lacs per annum | Cut-off – 72 +
8. IIM Lucknow: Entrance Exam – CAT | Fees – 20 Lacs | Average Package – 24 Lacs per annum | Cut-off – 99%
9. XLRI Jamshedpur: Entrance Exam – XAT | Fees – 25 Lacs | Average Package – 24 Lacs per annum | Cut-off – 99 %
10. IIFT Delhi: Entrance Exam – IIFT | Fees – 18 Lacs | Average Package – 21 Lacs per annum | Cut-off – 120+
11. IIM Kozhikode: Entrance Exam – CAT | Fees – 20 Lacs | Average Package – 22 Lacs per annum | Cut-off – 99 %
12. IIM Indore: Entrance Exam – CAT | Fees – 17 Lacs | Average Package – 23 Lacs per annum | Cut-off – 99 %
13. MDI Gurugram: Entrance Exam – CAT | Fees – 25 Lacs | Average Package – 23 Lacs per annum | Cut-off – 99 %
14. SP Jain Mumbai: Entrance Exam – CAT/ZAT/ GMAT | Fees – 20 Lacs | Average Package – 23 Lacs per annum | Cut-off – 96% and also profile-based on 85%
15. IIMC + ISI+ IITK: Entrance Exam – PGDBA | Fees – 20 Lacs | Average Package – 25 Lacs per annum | Cut-off – 100 +

Frequently Asked Questions about MBA colleges in Mumbai

Q. How many of the top MBA colleges are within Navi Mumbai?

Ans. In Navi Mumbai, there are around 20 of the top MBA colleges.

Q. Which are the best specializations that are offered by MBA schools located in Navi Mumbai?

Ans. The most popular specializations offered by MBA colleges in Navi Mumbai include:

• Finance
• Marketing and Sales
• Human Resource
• Supply Chain
• Healthcare & Hospital

Q. What is the price of the best MBA schools located in Navi Mumbai?

Ans. The fee structures for MBA schools within Navi Mumbai are costly. More than 30 percent of MBA colleges have fees exceeding 5 lakhs. 5 lakhs.

Q. How much is the median salary at the Indian Institute of Management, Indore in the Indore – Mumbai campus?

Ans. The average salary at the Indian Institute of Management, Indore and Mumbai Campus is Rs. 12.7 lakhs per annum.

Q. How do I get admission into MBA College within Navi Mumbai?

Ans. Candidates can be admitted to MBA schools located in Navi Mumbai by registering for one of these entrance tests:

• CAT
• MAT
• XAT
• CMAT
• ATMA
• MAH CET

Q. Which are the best recruiters at MBA colleges in Navi Mumbai?

Ans. The top recruiters at MBA colleges in Navi Mumbai are Tata Consultancy Services, IDFC Bank, Key Think Web Solutions, Larsen And Toubro, Leela Debt Financial Services LLP, Meyer Organics, Aditya Birla Group Airtel, Amazon.com, American Express, Axis Bank, Axis Securities, Capgemini, and many more.

Q. Which is the No 1 MBA college in India?

Ans. 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.

Q. Which is the top MBA college in India?

Ans. The top MBA college in India as per the latest NIRF rankings is IIM Ahmedabad. It is followed by IIM Bangalore at Number 2, IIM Calcutta at Number 3, IIM Lucknow at Number 4, and IIT-Delhi-DoMS at Number 5.

Q. Between a private and a government MBA college, which is better?

Ans. Any MBA college which is UGC recognized and AICTE is approved is good because they offer the latest curriculum. However, between private and government colleges, it is up to the candidate to decide which MBA college to choose. While private institutions have better infrastructure, government institutions charge low fees.

Q. Which are the top MBA colleges in India?

Ans. Some of the top MBA colleges in India are IIM Bangalore, IIM Ahmedabad, IIM Calcutta, ISB, SPJIMR, FMS Delhi, and many more.

Q. How much does MBA in India cost?

Ans. The Average Tuition fee for the top MBA colleges in India is approx. INR 10,68,413.

Q. Which MBA college gives the highest package?

Ans. List of MBA Colleges Offering the Best ROI in India

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

Q. Which is the best college in India to do MBA?

Ans. Here is the list of the Top 50 MBA Colleges in India:

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
3	Faculty Of Management Studies, University Of Delhi, Delhi	890.2
4	Indian Institute Of Foreign Trade (IIFT), New Delhi	883.7

Q Is GMAT accepted in IIM ?

Ans. 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, and Great Lakes.