Master of Business Administration (MBA) is one of the most famous certificates for students who need to seek an administrative career in corporate, Government, and public areas. There are different top MBA universities in Mumbai that show center on subjects like Accounting, Economics, Marketing, Finance, and Human Resources to seek an MBA in their separate fields of revenue.
For admission to the MBA schools in Mumbai, up-and-comers probably finished their graduation from a perceived college with a base half total (qualification models vary for every school). Some MBA universities additionally lead placement tests for admission, as AIMA conducts CAT and MAT selection tests for admission into the executive's schools and organizations. The admission cycle of the MBA universities likewise contains a bunch of conversations (GD) trailed by private meetings (PI).
Why MBA from Mumbai?
The Financial capital of India, Mumbai, entices you to seek after a Master in Business Administration from probably the best MBA universities like Jamnalal Bajaj Institute of Management Studies, Narsee Monjee Institute of Management Studies, SP Jain Institute of Management and Research, and TISS, among numerous others. Time for students in graduate schools to truly concentrate on the different variables that will assist them with reducing their decision. Information with respect to conclusive placement offers, course fees, admission measures,s and so on is viewed as fundamental for serious CAT aspirants to assist them with choosing a fitting school to seek after an MBA.
Students can imagine chasing after an administration program from IIT Bombay, which is viewed as one of the most outstanding MBA universities in Mumbai. It is otherwise called Shailesh J Mehta School of Management, and the school prepares its students by giving mentally advancing projects in the field of board training.
Another chief establishment where one can expect to do an MBA is from Jamnalal Bajaj Institute of Management. This foundation is situated nearby Nariman Point, which is viewed as the business center of India.
A portion of the boundaries we used to pass judgment on these MBA universities included:-
- Staff Experience
- Industry Exposure
- College Collaborations
- Actual Infrastructure
- Average Package
Our industry specialists with over 20 years of involvement have evaluated the universities on the above variables, and this quantitative information has been then enhanced with subjective factors, for example, understudy feedback, personnel openness, and so on to give you one of the most mind-blowing B-school positioning records accessible online.
MBA universities in Mumbai tolerating CAT, XAT, MHCET, CMAT, and GMAT scores:-
- As an administration hopeful, you ought to know about the rundown of universities that acknowledge CAT, XAT, or GMAT scores for the last admission of students in the two-year administration program. Presumed administration schools that take CAT scores are IIT Mumbai, JBIMS, and SPJIMR to give some examples.
- JBIMS likewise takes GMAT and MHCET scores.
- Narsee Monjee's establishment of the executives is positioned among the top B-schools in India. Students can get admission to their MBA programs in the wake of showing up for the NMAT entrance test.
- SPJIMR, one of the top MBA universities acknowledges GMAT/CAT/XAT scores.
- TISS - Tata Institute of Social Sciences leads a PC-based National Entrance test (TISS-NET) in the primary seven-day stretch of January.
- K.J. Somaiya Institute Mgt. and Research acknowledges scores of CAT, XAT, CMAT, and GMAT tests.
- Welingkar Institute of Mgt Development and Research, one of the most outstanding positioned MBA universities acknowledges CAT, XAT, and GMAT scores.
- ITM Business School acknowledges CAT, XAT, CMAT, GMAT, and MHCET scores for the admission of students to the administration programs.
A) Epicenter for different business exercises
The capital of Maharastra, Mumbai is otherwise called the Financial capital of India at the end of the day Mumbai acts as a business hatchery for the developing pool of gifted youth. Mumbai has been the focal point of imagination, advancement, and mechanical greatness in the field of board training. With industry specialists extending a brilliant future for India, as far as its financial development, we want to embrace the future with an imperative range of abilities. In present times, a young who is outfitted with board training is better positioned to confront fierce opposition in the business.
B) Immense career potential opens doors for Management students
A solid blend of a good balance between serious and fun activities, compensation development, and more than adequate open positions is the main impetus for a certified administration graduate to work in a city. An understudy who has finished MBA from a presumed school won't deal with any issue in that frame of mind in Mumbai as numerous global organizations have their corporate workplaces situated in Mumbai. Additionally, according to a Financial perspective, many significant ventures like material, finance, electronics, and so on are situated in this metropolitan city.
MBA Colleges Fees And Average Salary
|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.)|
|SDA Bocconi Asia Center||Rs 18,60,000 (total fees)||Rs 9.82 LPA|
|Sydenham Inst. of Mgt Studies, Res & Entrepreneurship Education||Rs 67000 (annually)||Rs 10.92 LPA|
The best business schools in India are the ones that offer administration training that stays up with the Global MBA climate. The administration universities ought to have either been licensed with at least one worldwide authorization or ought to be currently being granted it. These top schools have a special teaching method and profoundly qualified staff; the students at the best MBA universities in India get reliably higher average placements for many years as they become industry prepared.
The highest level MBA schools incorporate the Indian Institutes of Management (IIMs) yet in addition, a portion of the other college partnered and confidential MBA universities are showing improvement over a considerable lot of the more up-to-date IIMs. The best MBA universities and various IIMs have a comparative fee structure, however, a portion of the more current IIMs placements, IIM admission process, and the IIM's average compensation in placement will generally fall behind in some of these best MBA schools. This thorough rundown of top schools to seek your administration instruction from has been ordered after a far-reaching exploration of MBA colleges and universities by our board of specialists.
List of MBA Colleges in Mumbai According to Rankings:
|Rank||Name of the Institution||Ranking Organisation|
|82||GNVS Institute of Management||Times|
|23||Jagdish Sheth School of Management||Times|
|115||Bharati Vidyapeeth Institute of Management Studies and Research||Business Today|
|10||Shailesh J. Mehta School of Management, IIT Bombay||NIRF|
|12||National Institute of Industrial Engineering||NIRF|
|19||S.P. Jain Institute of Management and Research||NIRF|
|56||K. J. Somaiya Institute of Management||NIRF|
|72||Welingkar Institute of Management||NIRF|
|107||Chetana’s Ramprasad Khandelwal Institute of Management and Research||The Week|
|74||Lala Lajpatrai Institute of Management||Times|
List of Colleges Accepting CAT, MAT, XAT, CMAT, and NMAT
|CAT||Shailesh J. Mehta School of Management, IIT Bombay National Institute of Industrial Engineering SPJIMR – S.P. Jain Institute of Management and Research SIMSREE – Sydenham Institute of Management Studies Research and Entrepreneurship Education GNIMS Business School SDA Bocconi Asia Center Xavier Institute of Management and Research VIT – Vidyalankar Institute of Technology SIES College of Management Studies ITM Business School, Navi Mumbai Vidyalankar School of Business K J Somaiya Institute of Management Bharati Vidyapeeth Institute of Management Studies and Research Lala Lajpatrai Institute of Management (LLIM) Rizvi Institute of Management Studies and Research Vivekanand Business School J. S. Kothari Business School Chetana’s Ramprasad Khandelwal Institute of Management and Research BITS School of Management (BITSoM) GNVS Institute of Management SRBS – Sheila Raheja School of Business Management & Research ICFAI Business School (IBS), Mumbai University of Mumbai Durgadevi Saraf Institute of Management Studies S. P. Jain School of Global Management National Institute of Management and Research Studies IES’s Management College and Research Centre Indian Institute of Management- Mumbai Campus Indira Institute of Business Management Universal Business School|
|CMAT||Xavier Institute of Management and Research VIT – Vidyalankar Institute of Technology Bharati Vidyapeeth Institute of Management Studies and Research Lala Lajpatrai Institute of Management (LLIM) J S Kothari Business School Rizvi Institute of Management Studies and Research Chetana’s Ramprasad Khandelwal Institute of Management and Research GNVS Institute of Management SRBS – Sheila Raheja School of Business Management & Research Vivekanand Business School IES’s Management College and Research Centre Indira Institute of Business Management Kohinoor Management School Universal Business School St. Francis Institute of Management and Research ASM’s Institute of Management and Computer Studies Mumbai Institute of Management and Research (MIMR) Jagdish Sheth School of Management (Formerly IFIM Business School), Vijaybhoomi University MET Asian Management Development Centre Maratha Mandir’s Babasaheb Gawde Institute of Management Studies Parle Tilak Vidyalaya Association’s Institute of Management – PTVAIM Chhatrapati Shivaji Maharaj University Jankidevi Bajaj Institute of Management Studies – JDBIMS AIMSR – Aditya Institute of Management Studies and Research K.C.College of Engineering and Management Studies and Research|
|NMAT||SDA Bocconi Asia Center K J Somaiya Institute of Management Athena School of Management Jagdish Sheth School of Management (Formerly IFIM Business School), Vijaybhoomi University ITM Business School, Navi Mumbai Center of Excellence in Analytics and Data Science Pillai Institute of Management Studies and Research RICS School of Built Environment, Amity University, Mumbai Valia School of Management ICFAI Business School (IBS), Mumbai Dr. Mar Theophilus Institute of Management Studies|
|XAT||Sydenham Institute of Management Studies Research and Entrepreneurship Education Xavier Institute of Management and Research VIT – Vidyalankar Institute of Technology SIES College of Management Studies K J Somaiya Institute of Management GNVS Institute of Management St. Francis Institute of Management and Research Parle Tilak Vidyalaya Association’s Institute of Management Jankidevi Bajaj Institute of Management Studies – JDBIMS K.C.College of Engineering and Management Studies and Research Thakur Global Business School Jagdish Sheth School of Management (Formerly IFIM Business School), Vijaybhoomi University Deviprasad Goenka Management College of Media Studies H.K. Institute of Management Studies and Research Shivajirao S. Jondhale Institute of Management Science and Research S.A.V Acharya Institute of Management Studies Sasmira’s Institute of Management Studies and Research|
Frequently Asked Questions
Q1. Which are the various specializations presented in MBA schools in Mumbai?
Ans. The top 10 specializations presented in MBA schools in Mumbai are:
- Sales and Marketing
- Human Resources
- IT and Systems
- International Business
- Supply Chain
- Business Analytics
- Healthcare and Hospital
Q2. Which is the best school for an MBA in Mumbai in view of positions?
Ans. The top 5 MBA schools in Mumbai in light of situations are:
- Northpoint Center of Learning, Mumbai
- Public Institute of Industrial Engineering (NITIE), Mumbai
- Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay
- ASM's Institute of Management and Computer Studies (IMCOST), Thane
- Sydenham Institute of Management Studies Research and Entrepreneurship Education, Mumbai
Q3. Which are the work profiles presented after MBA?
Ans. A portion of the gig profiles that are presented by organizations subsequent to finishing an MBA are:
- Sales and Marketing
- Human Resources
- IT and Systems
- International Business
- Supply Chain
- Business Analytics
- Healthcare and Hospital
Q4. What is the assessed fee for concentrating on MBA in Mumbai?
Ans. It is assessed that chasing after MBA in Mumbai is pricey as roughly 48% of schools have course/yearly fees of more than Rs 5 lakh. A portion of these universities are:
- Shailesh J. Mehta School of Management, IIT Bombay
- Indian Institute of Management, Indore - Mumbai Campus
- ITM Business School
- School of Management, D.Y. Patil University
- Kohinoor Business School
- ASM's Institute of Management & Computer Studies
- Vivekanand Education Society Institute of Management Studies and Research
- CII School of Logistics, Amity University- Mumbai
Q5. What are the well-known tests to qualify MBA in Mumbai?
Ans. Different tests acknowledged in Mumbai for MBA admission incorporate CAT, MAT, XAT, CMAT, ATMA, MAH CET, NMAT, MHT CET, TISSNET, WLCI Aptitude Test score, and so on.