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Top 10 MBA Colleges in Mumbai with fees structure: There are MBA colleges in Mumbai, some of the colleges are privately owned and othrs are owned by public/governmental organizations. Top MBA colleges in Mumbai accept CAT, CMAT, XAT, MAT, and ATMA as entrance exams. In Mumbai, some of the most popular MBA colleges include NMIMS School of Business Management, National Institute of Industrial Engineering, S.P. Jain Institute of Management and Research, NMIMS, K J Somaiya Institute of Management, Shailesh J. Mehta School of Management, etc.
Rankings of Top 10 MBA Colleges in Mumbai are mentioned below:
- National Institute of Industrial Engineering has improved its ranking as it shifted to rank 7 in 2023 when compared to rank 9 in 2022.
- K J Somaiya Institute of Management Studies and Research has improved its ranking as it shifted to rank 45 in 2023 in comparison to rank 71 in 2022.
- You should be aware of the list of colleges that accept CAT, XAT or GMAT scores for the final intake of students in the two-year management program. Top 10 MBA colleges in Mumbai with fees structure are listed below including colleges that take CAT scores are IIM Mumbai, JBIMS, SPJIMR to name just a few.
Government of India's Ministry of Education implements the NIRF (National Institutional Ranking Framework) ranking every year. Various parameters including teaching, learning, research, graduation outcomes, perception, and more are considered in evaluating and ranking higher education institutions in India.
Below shows the best MBA college in Mumbai along with NIRF ranking from past three years, i.e. from 2021 to 2023 are mentioned below:
| College Name | NIRF 2023 |
|---|---|
| IIM Mumbai (formerly known as NITIE) | 7 |
| S.P. Jain Institute of Management & Research | 20 |
| SVKM's Narsee Monjee Institute of Management Studies | 21 |
| K J Somaiya Institute of Management Studies and Research | 45 |
| Principal L N Welingkar Institute of Management Development and Research | 73 |
Top 10 MBA Colleges in Mumbai with fees structure (Fees Less Than 10 Lakhs)
Top 10 MBA Colleges in Mumbai with fees structure Less Than 10 Lakhs:
Some of the most popular and Top names include SIMSREE Mumbai, Welingkar Institute, IIT Bombay, TISS Mumbai, and JBIMS Mumbai, among others. Apart from offering best quality education, practical training, and placement opportunities, these colleges charge affordable fees, making it easy for students with financial constraints to earn an MBA degree.
Check out the list of top 10 MBA colleges in Mumbai with low fees provided in this article if you are seeking admission in a Mumbai college. These colleges' fee structures, courses offered, eligibility criteria, admission process, and more can be found here.
Top 10 MBA Colleges in Mumbai with fees structure with Low Fees
The top 10 MBA colleges with low fees in Mumbai along with their average annual fees have been tabulated below:
| Name of the College | Total Fees (in INR) |
|---|---|
| IIT Bombay: Shailesh J Mehta School of Management | 8,30,000 |
| JBIMS Mumbai: Jamnalal Bajaj Institute of Management Studies | 7,00,000 |
| SIMSREE Mumbai: Sydenham Institute of Management Studies And Research And Entrepreneurship Education | 1,34,000 |
| Prin LN Welingkar Institute of Management Development and Research | 1,60,000 |
| IES Management College and Research Centre | 1,38,000 |
| K J Somaiya Institute of Management | 8,98,000 |
| Alkesh Dinesh Mody Institute for Financial and Management Studies | 9,50,000 |
| TISS Mumbai | 2,38,000 |
| IES MCRC Mumbai | 8,00,000 |
| SIES College of Management Studies and SIES School of Business Studies, Navi Mumbai | 9,00,000 |
Programmes Offered by Top 10 MBA Colleges in Mumbai with fees structure
The programmes offered by the top 10 MBA colleges in Mumbai with affordable tuition and the entrance exams accepted by them have been tabulated below:
| Name of the College | Entrance Exams Accepted | Programmes Offered |
|---|---|---|
| KJ Somaiya Institute of Management | CAT, CMAT, XAT, GMAT and MAH MBA CET | MBA in Marketing ManagementMBA in Financial Management MBA in Human Resource Management |
| Prin LN Welingkar Institute of Management Development and Research | CAT, XAT, CMAT and GMAT, MAT, ATMA, MAH MBA CET | MBA in Marketing ManagementMBA in Human Resource ManagementMBA in Information Technology |
| IES Management College and Research Centre | MAH MBA CET, CAT and GMAT | MBA in Marketing Management |
| JBIMS Mumbai | CAT, CMAT, MAH MBA CET | Masters in Management Studies- MMSMBA in Information Technology |
| IIT BOMBAY | CAT | Master of Management Programme |
| SIES College of Management Studies | CAT, MAT, CMAT, MAH MBA CET | Post Graduate Diploma in Management (PGDM) |
| CIMR Mumbai | CAT, XAT, MAT, CMAT, MAH CET, ATMA | Post Graduate Diploma in Management (PGDM) |
| Thakur Institute of Management Studies and Research | CMAT, GMAT, ATMA, CAT, XAT, MAT and MAH MBA CET | MBA in Information Technology |
| SIMSREE Mumbai | CAT, MHCET, XAT, MAT | Masters of Management Studies (MMS) |
| TISS Mumbai | TISSNET | MBAMaster of Arts courses:in Human Resource, Management and Labour Relationsin Development Studiesin Media and Cultural Studies |
What are the Private top MBA colleges in Mumbai?
Top 10 MBA Colleges in Mumbai with fees structure includes some of the private Mumbai MBA colleges along with their total tuition fee:
| Private Colleges | Total Tuition Fee |
|---|---|
| NMIMS School of Business Management Admission | INR 8 lakh – INR 20 lakh |
| S.P. Jain Institute of Management and Research Admission | INR 20 lakh – INR 22 lakh |
| Universal AI University Admission | INR 9 lakh – INR 41 lakh |
| Jamnalal Bajaj Institute of Management Studies Admission | INR 6 lakh – INR 7 lakh |
| St. Francis Institute of Management and Research Admission | INR 4 lakh - INR 5 lakh |
What are the Top Government MBA colleges in Mumbai?
Top 10 MBA Colleges in Mumbai with fees structure includes the Following is a list of some of the government Mumbai MBA colleges along with their total tuition fees:
| Public/Government Colleges | Total Tuition Fee |
|---|---|
| IIM Mumbai (formerly known as NITIE) Admission | INR 9 lakh |
| Shailesh J. Mehta School of Management Admission | INR 8 lakh – INR 20 lakh |
| University of Mumbai Admission | INR 2 lakh |
| BSE Institute Limited Admission | INR 2 lakh – INR 7 lakh |
| SNDT College Admission | INR 2 lakh |
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