Top Government MBA Colleges in Mumbai

Admission for MBA in Mumbai is done on the basis of an entrance exam in top universities. Candidates must sit for a national, state, or university level entrance exam such as CAT, XAT, etc to seek admission to the MBA course for the academic year 2022-2024.
Top Government MBA Colleges in Mumbai

Top Government MBA Colleges in Mumbai

MBA in finance Mumbai colleges fresher salary in India ranges between ₹ 0.2 Lakhs to ₹ 52.8 Lakhs with an average annual salary of ₹ 2.8 Lakhs.

Admission for MBA in Mumbai is done on the basis of an entrance exam in top universities. Candidates must sit for a national, state, or university level entrance exam such as CAT, XAT, etc to seek admission to the MBA course for the academic year 2022-2024. This includes the Best MBA colleges in Mumbai for finance 

  1. BITS School of Management (BITSoM) Powai, Mumbai.
  2. GNVS Institute of Management Sion, Mumbai.
  3. Chetana’s Institute of Management and Research Bandra East, Mumbai.
  4. SP Jain School of Global Management Kurla West, Mumbai.
  5. Indira Institute of Business Management Navi Mumbai, Mumbai

There are plenty of colleges with lower fees for MBA in Mumbai and There are some MBA colleges that charge a bit higher fees like SPJIMR, NMIMS government college of MBA in Mumbai are given below along with. 

Top MBA government college in Mumbai and government MBA colleges in Mumbai offer MBA and PGDM (Postgraduate Diploma in Management) through Online, Offline as well as Distance Education Learning modes. Mumbai, sometimes known as the “City of Dreams” or the “Finance Capital of India,” is home to more than 260 of India’s finest MBA institutions. The AICTE has authorized 57 MBA institutions in Mumbai, whereas the UGC has approved 17. MBA programs are available in a variety of specialities, from finance and marketing to supply chain management and urban planning, at the best MBA college in Mumbai. MBA Mumbai university costs vary depending on which institutes give world-class amenities.

  • Of the total 262 MBA colleges in Mumbai, Around 106 are private, and 11 are MBA public college in Mumbai.
  • Indian Institute of Technology – [IITIIT Bombay, National Institute of Industrial Engineering, Mumbai and S. P. Jain Institute of Management & Research are ranked as 10, 12 and 19 respectively in NIRF The ranking for 2021.
  • Shailesh J. Mehta School of Management SJMSOM, SPJIMR, IIT Bombay, SBM NMIMS are some of the best schools to study MBA located in Mumbai.
  • MBA admissions into the top MBA colleges in Mumbai are usually made by means of an entrance test called the CAT. Many colleges also accept other exam scores like MAT, XAT CMAT, NMAT ATMA MAH CET or even GMAT and GRE.
  • IHM Mumbai, Bharati Vidyapeeth College of Hotel and Tourism Management Studies [BVCHTMSIHM Mumbai, Bharati Vidyapeeth College of Hotel and Tourism Management Navi Mumbai along with ITM Institute of Hotel Management [ITM-IHM] Mumbai are among the top Hotel Management Colleges in Mumbai.
  • The fees for taking MBAor PGDM courses at the top MBA schools in Mumbai could range from INR 500,00 to 30 Lakhs annually, based on the schools.
  • Some of the best MBA institutions in Mumbai that charge lower than INR 60,000 are K. C. College of Management Studies [KCCMSKCCMS Mumbai, ISMS Mumbai, Mumbai University MBA as well as KJSCCETR Mumbai.
  • The top MBA schools in India provide lucrative job opportunities with high pay packages and high ROI. Average CTC is priced between 18-30 LPA.
  • Accenture, Amazon, Axis Bank, HCL, HDFC, etc. are among the top firms that take part in programs for placement offered by the best MBA schools in Mumbai.
  • SJMSOM Mumbai, SPJIMR Mumbai and SBM NMIMS Mumbai are the most prestigious colleges in Mumbai to study MBA in Finance. They have been placed in the best 10 MBA institutions in Mumbai.

List of government MBA colleges in Mumbai with fees structures 2022:-Top MBA colleges in Mumbai and Best MBA colleges in Mumbai include the best private MBA colleges in Mumbai and the best government MBA colleges in Mumbai. SPJIMR is always listed in the list of best colleges for MBA in Mumbai. There is a number of colleges in Mumbai, but some of 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 the 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.

Top 10 government MBA colleges in Mumbai

MBA is the most prestigious and lucrative degree being offered in India. Admission to the course is carried out by various Entrance Exams and exams are structured so as to access the ability of the candidates.

Get the list of the best 50 private / government MBA colleges in India based on placement, Academic excellence, Infrastructure, education, faculty, intellectual capital, and so on.

Here is the list of top colleges of government for MBA applicants. These are the prestigious colleges in India. Since MBA is one of the most coveted courses in India, return on investment always remains a big attraction and proves to be substantial. Though MBA gives you a launchpad in the corporate world the price paid for it sometimes might not suit your pocket. Here are some top-tier 1 Government MBA colleges that provide the best ROI in the country.

MBA Government colleges in Mumbai offer top-quality MBA advice with high-game strategies for growing and sustaining within the business world. MBA has consistently been referred to like a saw, bringing the possibility of stopping the ladder of climbing to the top of the corporate ladder. It is regarded as unique among other major decisions made by the students of the board after graduation.

If you’re looking to have greater flexibility following the completion of your degree and are hoping to acquire abilities that employers will appreciate seeking your MBA degree will be the best choice. It provides the skills that you can use to fill the role of a manager or enter the market or simply grow in your career. In this blog, we’ll discuss everything you need to be aware of when pursuing an MBA at a government college!

The top MBA institutions in Mumbai provide MBA along with PGDM (Postgraduate Certificate in Management) via Offline, Online, and Distance learning mode. Mumbai is often referred to as the “City of Dreams” or the “Finance Capital of India” is home to more than 260 of the top MBA schools in India. There are 57 MBA institutions in Mumbai that are endorsed by AICTE and 17 are accredited by UGC. The top MBA school in Mumbai provides MBA with different specializations ranging from Marketing and Finance up to Supply Chain Management and Urban Planning.

  • Of the total 262 MBA colleges in Mumbai, Around 106 are private, and 11 are MBA government-run colleges in Mumbai.
  • Indian Institute of Technology – [IITIIT Bombay, National Institute of Industrial Engineering, Mumbai, and S. P. Jain Institute of Management & Research are placed at 10, 12, and 19 respectively in NIRF The ranking for 2021.
  • Shailesh J. Mehta School of Management SJMSOM, SPJIMR, IIT Bombay, SBM NMIMS are some of the most prestigious colleges to study MBA located in Mumbai.
  • MBA admissions to the best MBA colleges in Mumbai are usually made by taking an entrance exam known as the CAT. But many colleges will take other entrance examinations for management scores, such as NMAT, MAT CMAT, ATMA, MAH CET, GMAT and GRE..
  • IHM Mumbai, Bharati Vidyapeeth College of Hotel and Tourism Management Studies [BVCHTMS The IHM Mumbai, Bharati Vidyapeeth College of Hospital and Tourism Navi Mumbai ITM Institute of Hotel Management ITM Institute of Hotel Management Mumbai are among the best Hotel Management Colleges in Mumbai.
  • The fees for taking MBA or PGDM courses at the top MBA schools in Mumbai vary from INR 500,00 to 30 Lakhs per year , depending on the college.
  • A few of the best MBA institutions in Mumbai charge lower than INR 60,000. These include K. C. College of Management Studies [KCCMS Mumbai, ISMS Mumbai, ISMS Mumbai, Mumbai University, and KJSCCETR Mumbai.
  • The top MBA schools in India provide lucrative opportunities for placement with attractive packages and high ROI. The average CTC is priced at 18-30 LPA.
  • Accenture, Amazon, Axis Bank, HCL, HDFC, etc. are among the top firms that take part in programs for placement offered by the best MBA schools in Mumbai.
  • SJMSOM Mumbai, SPJIMR Mumbai, and SBM NMIMS Mumbai are the most prestigious colleges in Mumbai to study MBA in Finance. They are also ranked among the 10 best MBA schools in Mumbai.

Top 10 MBA Colleges in Mumbai

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

College NameAverage Fees(INR)
SPJIMR, Mumbai17,50,000
NMIMS, Mumbai19,76,000
NITIE Mumbai12,53,000
JBIMS Mumbai6,00,000
K J Somaiya Institute of Management, Mumbai14,94,000
SIES, Mumbai7,20,000
SIMSREE, Mumbai1,46,000
IESMCRC, Mumbai6,00,000
Chetana’s Institute of Management and Research6,60,000
SDA Bocconi Asia Center, Mumbai18,60,000

Top 10 Government MBA Colleges in Mumbai

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

CollegesAnnual Fees
Jamia Millia Islamia University, New DelhiINR 65,100
University of Delhi, Faculty of Management Studies, New DelhiINR 96,000
Institute of Management Studies, Banaras Hindu University, VaranasiINR 1,20,767
Department of Management Studies, Anna University, ChennaiINR 20,500
Pondicherry University, PondicherryINR 74,718
University of Jammu, JammuINR 78,071
Maharaja Sayajirao University of Baroda, VadodaraINR 14,500
Ganpat University, MehsanaINR 95,000
RKDF University, BhopalINR 50,000
Department of Management Science, Savitribai Phule Pune University, PuneINR 66,194

Fee Structure For MBA in Government Colleges in India

Fees of MBA courses in government colleges are low. The fees in those government colleges are listed here.

NIRF 2021 RankingCollege NameNIRF Score
10Indian Institute of Technology Bombay68.08
12National Institute of Industrial Engineering, Mumbai64.52
19S. P. Jain Institute of Management & Research58.73
22SVKM's Narsee Monjee Institute of Management Studies57.53
56K.J.Somaiya Institute Of Management46.68
72Principal L N Welingkar Institute of Management Development and Research43.73
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