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Top 50 MBA Colleges in Mumbai

Top 50 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.

 Saurav Anand
 Saurav Anand 19/05/2022
19/05/2022
Digital Marketer | Content Specialist & Researcher | Content Marketing @FormsADDA @Formfees- Empowering individuals to unlock the potential of their businesses through the limitless opportunities...read more

Top 50 MBA Colleges in Mumbai – Is Mumbai Good for MBA?

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.

MBA colleges in Mumbai without entrance exam – College graduates are eager to gain admission to the MBA course due to the lucrative job prospects it provides. About 6,00,00 students are taking the best MBA programs in India Admissions to the MBA courses are made through a strict procedure.

Admission to MBA straight without an entrance exam is an excellent option for candidates who wish to pursue a career in the field and would prefer not to take part in MBA examination preparation.

There are 651 private and 3861 public MBA schools in India and admissions into which the majority of applicants pass entrance tests like tests like CAT, MAT, and XAT. But, some colleges offer admissions directly to MBA admittance with no entrance test.

Students who don’t choose to take entrance exams like CAT or OPENMAT, etc.can take up careers in management at private institutions.

Which MBA College Gives Best Placement in Mumbai?

The top 5 MBA colleges in Mumbai based on placements are

  • the National Institute of Industrial Engineering (NITIE), Mumbai.
  • Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay, Mumbai.
  • SPJIMR, Mumbai.
  • KJ Somaiya Institute of Management, Mumbai.
  • NMIMS School of Business Management, Mumbai.

Mumbai, the capital of business and finance in India is also one of the most sought-after MBA locations in the world. In fact, Mumbai is one of India’s most sought-after MBA destinations. 

MBA B schools located in Mumbai provide high-quality MBA education that is highly rated and has high levels of placement. It is also a center of learning in technology, management, and other related sectors. Master of Business Administration or MBA is among the most sought-after postgraduate programs in Mumbai. MBA in Mumbai Top Colleges – two-year program opens the door to an abundance of jobs within the corporate world.

Mumbai is India’s business capital. This supreme financial metropolis is frequently referred to as a city where dreams come true. Every year, thousands of young Indians pack their belongings and travel to Mumbai to pursue their goals and dreams. Many prominent figures have frequently stated how this bustling Mumbai city has provided them with everything they have ever desired. If you are seriously considering pursuing your MBA from Mumbai, here are a few reasons why you should do so.

Top 50 MBA Colleges in Mumbai

Here is a list of the ‘ Top 50 MBA colleges in Mumbai ’. Based on some facts, the list is compiled to help prospective MBA candidates to choose the best suitable college in consistence with their needs.Search:

S.No.MBA College NameCity
1Terna Global Business SchoolMumbai
2Vivekanand Business SchoolMumbai
3Shailesh J. Mehta School of Management, IIT BombayMumbai
4National Institute of Industrial EngineeringMumbai
5SPJIMR - S.P. Jain Institute of Management and ResearchMumbai
6SIMSREE - Sydenham Institute of Management Studies Research and Entrepreneurship EducationMumbai
7CII School of Logistics, Amity University- MumbaiMumbai
8ASM's Institute of Management and Computer StudiesMumbai
9Bombay Stock Exchange Institute, MumbaiMumbai
10NMIMS School of Business Management, MumbaiMumbai
11TISS - Tata Institute of Social Sciences, MumbaiMumbai
12University of Mumbai [MU]Mumbai
13Indian Institute of Management, Indore - Mumbai CampusMumbai
14Sasmira's Institute of Management Studies and ResearchMumbai
15SDA Bocconi Asia CenterMumbai
16Amity University, MumbaiMumbai
17ILAM - Institute of Logistics and Aviation Management, MumbaiMumbai
18ICFAI Business School (IBS), MumbaiMumbai
19Garware Institute of Career Education and Development, University of MumbaiMumbai
20Jankidevi Bajaj Institute of Management Studies - JDBIMSMumbai
21Indian Naval Ship, HamlaMumbai
22SVIMS Business SchoolMumbai
23Durgadevi Saraf Institute of Management StudiesMumbai
24Kohinoor Management SchoolMumbai
25AIMSR - Aditya Institute of Management Studies and ResearchMumbai
26VESIM - Vivekanand Education Society Institute of Management Studies and ResearchMumbai
27GNVS Institute of ManagementMumbai
28Institute of Business Studies and Research, Navi MumbaiMumbai
29Jagdish Sheth School of Management (Formerly IFIM Business School), Vijaybhoomi UniversityMumbai
30NMIMS University, Navi MumbaiMumbai
31MET Asian Management Development CentreMumbai
32School of Management, D.Y. Patil UniversityMumbai
33ICRI - Institute of Clinical Research India, MumbaiMumbai
34National Institute of Management and Research Studies (NIMR)Mumbai
35Harkisan Mehta Institute of Media, Research and AnalysisMumbai
36Thakur Institute of Management Studies and Research - TIMSRMumbai
37Amity Global Business School, MumbaiMumbai
38Terna Engineering CollegeMumbai
39Bharati Vidyapeeth Institute of Management Studies and ResearchMumbai
40MET Institute of Post Graduate Diploma in Management (PGDM)Mumbai
41Sasmira's Institute of Management Studies and ResearchMumbai
42Apex Institute of Management and Research (AIMR, Mumbai)Mumbai
43Terna Engineering CollegeMumbai
44Thakur Global Business SchoolMumbai
45MET Institute of Post Graduate Diploma in Management (PGDM)Mumbai
46AIMS - Atharva Institute of Management StudiesMumbai
47Shailesh J. Mehta School of Management, IIT BombayMumbai
48National Institute of Industrial EngineeringMumbai
49SPJIMR - S.P. Jain Institute of Management and ResearchMumbai
50SIMSREE - Sydenham Institute of Management Studies Research and Entrepreneurship EducationMumbai
https://www.youtube.com/watch?v=m5nmZU56guU
https://www.youtube.com/watch?v=LsdFLdCkiXs

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Is Mumbai Good for MBA?

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.

MBA colleges in Mumbai without entrance exam – College graduates are eager to gain admission to the MBA course due to the lucrative job prospects it provides. About 6,00,00 students are taking the best MBA programs in India Admissions to the MBA courses are made through a strict procedure.

Admission to MBA straight without an entrance exam is an excellent option for candidates who wish to pursue a career in the field and would prefer not to take part in MBA examination preparation.

There are 651 private and 3861 public MBA schools in India and admissions into which the majority of applicants pass entrance tests like tests like CATMAT, and XAT. But, some colleges offer admissions directly to MBA admittance with no entrance test.

Students who don’t choose to take entrance exams like CAT or OPENMAT, etc.can take up careers in management at private institutions.

Top 10 Government MBA Colleges in Mumbai | List of Government MBA College in Mumbai with Fees Structure 2022

List of Government MBA College in Mumbai with Fees Structure 2022:-

Top MBA colleges in Mumbai and Best MBA colleges in Mumbai includes best private MBA colleges in Mumbai and best government MBA colleges in Mumbai. SPJIMR is always listed in the list of best colleges for MBA in Mumbai. There are number of colleges in Mumbai, but some them that are SPJIMR, NITIE, SIMSREE, SJMSOM and K J Somaiya are the top 5 MBA colleges in Mumbai. 

IIT Bombay comes on the number one place of top 10 government MBA colleges in Mumbai. The MBA colleges in Mumbai with low fees are government MBA colleges in Maharashtra. The MBA colleges in Maharashtra with low fees are government MBA colleges in Maharashtra such as SIMSREE, SJMSOM and others. Some other top MBA colleges in Mumbai are KJ Somaiya, NIMMS and NITIE. 

MBA fees in Mumbai is relatively higher than the fees in other states of India. MBA institutes in Mumbai such as SPJIMR, and K J Somaiya are the MBA best colleges in Mumbai. The MBA institutes in Mumbai such as TISS and SIMSREE are MBA government colleges in Mumbai which are listed in the list of top 20 MBA colleges in Mumbai. There are many PGDM colleges in Mumbai that offers International placement packages. MBA colleges in Mumbai list with placement and fees is mentioned in this article. Mumbai University is one of the MBA government colleges in Mumbai and also it is one of the top colleges for MBA in Mumbai, the MBA fees in Mumbai University revolves around INR 8K to 4 Lacs. 

List of government MBA College in Mumbai with Fees Structure 2022

MBA in Mumbai is a popular course among the bachelors, and the students prefer top MBA colleges in Mumbai with low fees. But, There are a number of management colleges in Mumbai from which very few are good MBA colleges in Mumbai and some of them are best university in Mumbai for MBA such as SPJIMR, NITIE, SIMSREE SJMSOM and KJ Somaiya. This colleges are counted as top 10 MBA college in Mumbai. SIMSREE is called as the best institute for MBA in Mumbai among all the Mumbai MBA colleges. ICFAI and IIBM I business schools in Mumbai that accept admissions without entrance exams and that’s why called MBA colleges in Mumbai without entrance exam. 

They are also included in the list of top 10 B schools in Mumbai in top PGDM colleges in Mumbai. List of MBA colleges in Mumbai is very long and for MBA Mumbai University is termed the best. The list of government MBA colleges fees are mentioned below:- Show 102550100 entriesSearch:

Name of the collegeMBA Fees
Sydenham Institute of Management Studies and Research and Entrepreneurship Education (SIMSREE)INR 1,34,000
Jamnalal Bajaj Institute of Management Studies (JBIMS)INR 1,02,290
Veermata Jijabai Technological Institute [VJTI]INR 3,00,000 to INR 4,00,000
National Institute of Industrial Engineering (NIIE)INR 13,43,000
IMU Mumbai Port CampusINR 2,20,000
Shailesh J. Mehta School of Management (SJMSOMINR 8,27,000
Shreemati Nathibai Damodar Thackersey [SNDT] Women's UniversityINR 1,02,000
https://www.youtube.com/watch?v=vPoQQEmqe1k
https://www.youtube.com/watch?v=RUWCSQmeR5s&t=1s

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Tabulated below is the list of top 10 MBA colleges in Mumbai along with their average annual fees:Show 102550100 entriesSearch:

Name of the CollegeAverage Annual Fees
Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], MumbaiINR 6,91,000
National Institute of Industrial Engineering - [NITIE], MumbaiINR 7,03,000
IIT Bombay - Indian Institute of Technology - [IITB], MumbaiINR 50,400
Mumbai University - [MU], MumbaiINR 55,000
Shreemati Nathibai Damodar Thackersey Women's University - [SNDT], MumbaiINR 1,00,905
Hansraj Jivandas College of Education, MumbaiINR 6,600
Thakur Institute of Management Studies and Research - [TIMSR] MumbaiINR 63,791
Vikas Night College of Arts Science and Commerce, Mumbai-
Thakur Global Business School - [TGBS], MumbaiINR 4,80,000
Sasmira The Synthetic and Art Silk Mills Research Association - [SASMIRA], MumbaiINR 1,99,000

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Top MBA Colleges Offering Direct MBA Admission Without Entrance Exams

To help MBA aspirants to locate and choose the MBA college offering direct MBA admission without entrance exam, a list of such institutes/universities with the fee is given below.Search:

MBA CollegeFees
School of Inspired Leadership – SOIL, GurgaonINR 12,50,000-16,50,000
Regenesys Institute of Management MumbaiINR 16,00,000
Amity Global B-school School (Amity University) in Delhi NCR, Bangalore, Pune, Mumbai and many other locationsINR 3,75,000-7,00,000
CII School of Logistics, Amity University, NoidaINR 8,61,000
Birla Global University, BhubaneswarINR 7,50,000
UPES School of Business, UPES University, DehradunINR 13,34,000
O P Jindal Global UniversityINR 11,00,000
School of Management and Entrepreneurship, Shiv Nadar University, Greater NoidaINR 10,000,00
GIBS BangaloreINR 5,50,000
IIBS BangaloreINR 7,00,000
Mody University School of BusinessINR 6,00,000-9,00,000

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 Eligibility to Direct MBA Admission 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

Admission tests may not be included in a college’s admission requirements for admission to MBA courses, but applicants must meet the minimum requirements for eligibility to apply for admission to an MBA or PGDM course. If a student doesn’t meet the eligibility criteria then they won’t be eligible to apply for admission at the MBA institution in Mumbai or elsewhere in the nation. 

The criteria for eligibility are as the following:

  • The candidate must be a graduate in the undergraduate program with a degree at least 3-4 years.
  • Students who are in their final year of school are qualified.
  • A minimum of 50% marks for the UG course is required.
  • The applicant should have is an Indian Resident.
  • All academic papers must be valid.
  • The candidate must not be an active employee of the government.

Documents Required to be submitted for Direct MBA Admission in Mumbai

Certain documents must be provided to candidates prior to the process of applying for direct admission to any MBA college starts. These documents are required for validation and verification of the candidate’s credentials and personal details. The required documents for direct admission into MBA institutions for admission to MBA colleges in Mumbai are:

  • Undergraduate Course Marksheets/Provisional Certificates
  • The Class 10, Class 12, and 12 marksheets as well as Certificates
  • Identity Proof – Passport Pan Card, Aadhar Card, etc.
  • Recent Photo
  • Transfer Certificate (if required)
  • Certificate of Migration Certificate (if required)
  • Gap Year Certificate (if applicable)
  • Category Certificate (if relevant)

Top 25 MBA Colleges in Mumbai:

Several renowned management institutions are located in Mumbai. The best colleges in Mumbai assist students in developing academic and management abilities as well as providing outstanding professional opportunities. The table below provides an overview of the best MBA colleges in Mumbai listed in no specific order.Search:

Name of the InstitutionEntrance Exam AcceptedFees
Shailesh J. Mehta School of Management, IIT BombayCAT₹8.27 L – 15.21
National Institute of Industrial EngineeringCAT, GATENot Prescribed
S.P. Jain Institute of Management and ResearchCAT, GMAT₹17.5 L
Sydenham Institute of Management Studies Research and Entrepreneurship EducationCMAT, CAT₹69 K
ITM Business SchoolMAH CET, CMAT, CAT₹10.45 L
SDA Bocconi Asia CenterCAT/NMAT₹18.6 L
Xavier Institute of Management and ResearchMAH CET, CMAT₹5.2 L
JBIMS – Jamnalal Bajaj Institute of Management Studies₹7 L
VIT – Vidyalankar Institute of TechnologyMAH CET, CMAT₹3.07 L
School of Management, D.Y. Patil UniversityCAT/NMAT₹8.4 L
Vivekanand Business SchoolMAH CET, CMAT₹8 L
NMIMS Deemed to be University – Navi Mumbai CampusNMAT, NPAT₹15.07 L – 16.54
SIES College of Management StudiesCMAT, CAT₹5.2 L – 7 L
K. J. Somaiya Institute of ManagementCMAT, CAT₹18.78 L
Bharati Vidyapeeth Institute of Management Studies and ResearchMAH CET, CAT₹4 L
TISS – Tata Institute of Social Sciences, MumbaiCAT/NMAT/ATMA₹40.6 L
Vidyalankar School of Business₹6.5 L
NMIMS School of Business Management, Mumbai₹12.05 L – 14.05 L
GNVS Institute of ManagementMAH CET, CMAT₹3.5 L ₹
BITS School of Management (BITSoM)CAT, GMAT₹24.5 L
Welingkar Institute of Management₹94.4 K
Chetana’s Ramprasad Khandelwal Institute of Management and ResearchMAH CET, CMAT₹4 L
National Institute of Management and Research StudiesMAH CET, CMAT₹5 L
GNIMS Business SchoolCAT/NMAT₹6.8 L – 7 L
Lala Lajpatrai Institute of Management (LLIM)MAH CET, CMAT₹3.2 L
Amity University, Mumbai₹5 L – 12 L

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MBA Colleges in Mumbai with Low Fees

 For MBA aspirants looking to pursue their MBA course, Mumbai and Navi Mumbai provide good MBA options. Some MBA colleges charge slightly higher fees, such as SPJIMR and NMIMS, while others, such as SIMSREE and other Mumbai University MBA colleges, charge significantly lower fees.

 MBA Colleges in Mumbai with Less than Rs. 5 Lakh Fee:

Show 102550100 entriesSearch:

Institute NameFees (In Rs lakhs)
SIMSREE Mumbai: Sydenham Institute of Management Studies And Research And Entrepreneurship Education1.36
BVIMSR Mumbai: Bharati Vidyapeeth`s Institute of Management Studies & Research4.9

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Frequently Asked Questions

1. Which courses are provided at the MBA colleges of Mumbai?

Answer. Apart from the course of MBA, the MBA colleges of Mumbai also offer various diploma, certificate, and post graduate diploma in management. Degrees of MMS and MFM are also provided at the PG level.

2. Which is the best college for MBA in Mumbai based on placements?

Answer. The top 5 MBA colleges in Mumbai based on placements are: National Institute of Industrial Engineering (NITIE), Mumbai Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay, Mumbai SPJIMR, Mumbai KJ Somaiya Institute of Management, Mumbai NMIMS School of Business Management, Mumbai

3. Which courses are provided at the MBA colleges of Mumbai?

Answer. Apart from the course of MBA, the MBA colleges of Mumbai also offer various diploma, certificate, and post graduate diploma in management. Degrees of MMS and MFM are also provided at the PG level.

4. Which is best MBA college in Mumbai?

Answer. 5 Best MBA Colleges in Mumbai

  • JBIMS (Jamnalal Bajaj Institute of Management Studies)
  • SPJIMR (SP Jain Institute of Management and Research)
  • NMIMS (Narsee Monjee Institute of Management Studies)
  • NITIE (National Institute of Industrial Engineering)
  • SJMSOM, (Shailesh J Mehta School of Management- IIT BOMBAY)

5. Is MBA in Mumbai Good?

Answer. 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.

6. Which colleges in Mumbai offer MBA?

Answer. List of top public MBA colleges in MumbaiShow 102550100 entriesSearch:

Public CollegesCourse Fee (in Rs)
Tata Institute of Social Sciences (TISS), Mumbai40.6 K - 1.05 L
Bombay Stock Exchange (BSE) Institute, Mumbai5.6 L - 30.76 L
Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay, Mumbai8.32 L

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7. Which part time MBA is best in Mumbai?

Answer. Top 7  Part Time MBA Colleges in Mumbai

  • NMIMS Part Time MBA.
  • KJ Somaiya Institute of Management.
  • Sinhgad Institute of Business Management.
  • MET Institute of Management.
  • Thakur Institute of Management Studies & Research.
  • ASM’s Institute of Management & Computer Studies.
  • AIMS-Atharva Institute of Management Studies.
8. Which MBA has highest salary in India?

Answer. List of MBA Highest Salary Offered Based on Specialization.

Highest Salary Paid for MBA Graduates in India.Show 102550100 entriesSearch:

MBA SpecializationAverage Salary
MBA FinanceINR 2- 14.70 LPA
MBA Human Resource ManagementINR 4.50- 15.50 LPA
MBA Information TechnologyINR 10K- 6 LPA
MBA Logistics ManagementINR 6.25- 8.50 LPA

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9. What is the government fee for MBA? 

Answer. The government fee for MBA Starts from INR 8K and can rise up to INR 25 lakh. 

10. What is the fees for MBA in Mumbai University? 

Answer. The fees for MBA in Mumbai University revolves around INR 8K to INR 2 lacs.

11. Which college is better for MBA in Mumbai? 

Answer. SPJIMR, SJSOM, NITIE colleges are better for MBA in Mumbai.

12. Where I can study MBA with low fees? 

Answer. The best possible way to study MBA with low fees is the faculty of management studies college in Delhi University fees of INR 25000. 

13. What is the monthly income of MBA? 

Answer. The average monthly income of MBA can range up to INR 50K to INR 1 lakh.

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