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Top MBA Colleges in Mumbai

Top MBA Colleges in Mumbai

MBA Bschools 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.

 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

MBA in Mumbai Top Colleges

MBA in Mumbai Top Colleges– 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 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.

Best MBA in Mumbai Top CollegesShow 102550100 entriesSearch:

College NameIndia 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

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MBA fees in Mumbai is relatively higher than the fees in other states of India.MBA in Mumbai Top Colleges such as SPJIMR, and K J Somaiya is 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. 

MBA in Mumbai Top Colleges 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. Also, it is one of the top colleges for MBA in Mumbai, the MBA fees in Mumbai University revolve around INR 8K to 4 Lacs.

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.Show 102550100 entriesSearch:

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
https://www.youtube.com/watch?v=YZUPCVI-kQM&t=2s
https://www.youtube.com/watch?v=UQiRwNhjuZE&t=145s

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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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MBA colleges in mumbai without entrance exam.

 list of MBA colleges in Mumbai where entrance exam scores are not mandatory:Show 102550100 entriesSearch:

Institute NameCourse OfferedFees (INR)
A.C Patil College of Engineering (ACPEC)MBA1.82 Lakh
Aditya Institute of Management Study and ResearchMBA/MMS7.60 Lakh
Amity Global Business School AGBS MumbaiMBA6.24 Lakh
Amity University (AU Mumbai)MBA/MMS7.44 Lakh
Anjuman-I-Islams Allana Institute of Management Study(AIAIMS)MBA/MMS1.20 Lakh
Aruna Manharlal Shah Institute of Management and Research (AMSIMR)MBA3.0 Lakh
Atharva Institute of Management studiesMBA7.68 Lakh
Athena School of ManagementMBA/MMS12.0 Lakh
BVIMSRMBA/MMS4.59 Lakh
Chetana's Institute of Management and Research(CMIR)MBA/MMS7.50 Lakh
https://www.youtube.com/watch?v=jiyvPhLt3Y4
https://www.youtube.com/watch?v=6i-Z10rhSF8&t=4s

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Eligibility for Direct MBA Admission in Mumbai

Exams for entrance may not be included in a college’s admission requirements for admission to MBA courses or programs, however applicants must meet the minimum eligibility requirements to apply for admission to an MBA/PGDM program. If a student is not able to satisfy these requirements and requirements, they will not be eligible to apply for admission into the MBA school in Mumbai or any other part of the nation. The criteria for eligibility are as below:

  •     The candidate should have graduated in the undergraduate program with a degree minimum 3 to 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 an Indian Resident.
  •     All academic documents need to be valid.
  •     The candidate shouldn’t be a government employee in active service.

Documents Required for Direct MBA Admission in Mumbai

Certain documents must be provided to applicants prior to when the process of applying for direct admission to any MBA college starts. These documents are required for validation and verification of a person’s credentials and personal details. The required documents for direct admission to MBA institutions that are located in Mumbai are:

  •     Undergraduate Course Marksheets/Provisional Certificates
  •     Class 10 and Class 12 Marksheets and Certificates
  •     Identity Proof – Passport Pan Card, Aadhar Card and more.
  •     Recent Photograph
  •     Transfer Certificate (if required)
  •     Certificate of Migration Certificate (if required)
  •     Gap Year Certificate (if applicable)
  •     Category Certificate (if appropriate)

Is Direct MBA Admission in Mumbai a Good Option? MBA in Mumbai Top Colleges

The IIMs as well as other top institutes in India allow admission to students only who possess valid CAT or another MBA entrance exam result however, since every MBA candidate isn’t admitted to these institutions students may want to attend colleges that allow admission without any entrance examinations. While the quality of education and other amenities of institutions and colleges offering direct admissions may not be on par with institutions that do, they are an option for many MBA hopefuls. In addition, Mumbai being the business capital of India and, by far, being one of the sought-after destinations for higher education, especially in commerce and business and commerce, possessing an MBA from any of the reputable institutes of Mumbai is a benefit. If a student doesn’t intend to relocate to another country or to pursue an MBA program after completing graduation They can choose straight enrollment into one of the MBA college.

Below we have also mentioned 99 MBA in Mumbai Top Colleges

The following is a list of ‘ MBA in Mumbai Top Colleges ‘ The list is compiled based on some facts to assist prospective MBA candidates in selecting the best suitable college in accordance with their needs.Show 102550100 entriesSearch:

S.No.MBA in Mumbai Top Colleges 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

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MBA Colleges in Mumbai: Specialization Wise List

There are numerous possibilities for specializations in MBA that an applicant could pursue depending on their passion and desire to complete the program. Mumbai is called”the city with dreams” since thousands of people visit Mumbai to fulfill their goals and strive for even greater goals. Mumbai is considered to be the capital of finance in the nation. There are numerous tourist attractions in Mumbai. Mumbai has many World Heritage Sites which is visited by tourists from all over the globe. Mumbai is well-known due to the famous Vada Pav as well which people love eating whenever they visit Mumbai.

Mumbai is home to 163 MBA colleges. Candidates can choose any of the schools that appeal to their needs. It’s based on who they want to accept into the program. There are numerous institutions in Mumbai which offer the specialization of MBA.

Some of the colleges are listed below with the specialization that they provide in the course :

MBA in Marketing Management Colleges in MumbaiShow 102550100 entriesSearch:

Name of the CollegeNIRF 2020 RankingCareers360
Rating
Entrance TestFees
KJ Somaiya Institute of Management5651CAT, CMAT, XAT, GMAT and MAH MCA CETRs. 2.47 - 14.93 lakhs
Prin LN Welingkar Institute of Management Development and Research6854CAT, XAT, CMAT and GMAT, MAT, ATMA, MAH MBA CETRs. 1.60 lakhs
Sydenham Institute of Management Studies, Research and Entrepreneurship Education--AAACAT, CMAT and MAH MBA CET--
IES Management College and Research Centre-AA+MAH MBA CET, CAT and GMATRs. 1.38 lakhs
MET Institute of Management----GMAT and MAH MBA CET--

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MBA in Human Resource Management Colleges in MumbaiShow 102550100 entriesSearch:

Name of the CollegeNIRF 2020 RankingCareers360
Rating
Entrance TestFees
Narsee Monjee Institute of Management Studies2433NMAT, GRE and GMATRs. 18.50 lakhs
KJ Somaiya Institute of Management5651CAT, CMAT, XAT, GMAT and MAH MBA CETRs. 2.47 - 14.93 lakhs
Prin LN Welingkar Institute of Management Development and Research6854CAT, XAT, CMAT and GMAT, MAT, ATMA, MAH MBA CETRs. 1.60 lakhs
St Francis Institute of Management and Research--AACAT, XAT, GMAT, MAT CMAT and MAH MBA CET--
Jankidevi Bajaj Institute of Management Studies----CAT, CMAT and MAH MBA CET--

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MBA in Financial Management Colleges in MumbaiShow 102550100 entriesSearch:

Name of the CollegeNIRF 2020 RankingCareers360
Rating
Entrance TestFees
KJ Somaiya Institute of Management5651CAT, CMAT, XAT, GMAT and MAH MCA CETRs. 2.47 - 14.93 lakhs
Sydenham Institute of Management Studies, Research and Entrepreneurship Education-AAACAT, CMAT and MAH MBA CET-
Sinhgad Institute of Business Management--MAH MBA CET-

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MBA in Operations Management Colleges in MumbaiShow 102550100 entriesSearch:

Name of the CollegeNIRF 2020 RankingCareers360
Rating
Entrance TestFees
KJ Somaiya Institute of Management5651CAT, CMAT, XAT, GMAT and MAH MBA CET--
IES Management College and Research Centre--AAACAT, GMAT and MAH MBA CET--
School of Management, Dr DY Patil University----No Entrance TestRs. 8.40 lakhs
NMIMS School of Business Management----NMAT--

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 MBA in Information Technology Colleges in MumbaiShow 102550100 entriesSearch:

Name of the CollegeNIRF 2020 RankingCareers360
Rating
Entrance TestFees
Prin LN Welingkar Institute of Management Development and Research6854CAT, XAT, MAT, ATMA, MAH MBA CET, CMAT and GMATRs. 1.60 lakhs
Jamnalal Bajaj Institute of Management Studies--34MAH MBA CETRs. 1.53 lakhs
Thakur Institute of Management Studies and Research--AACMAT, GMAT, ATMA, CAT, XAT, MAT and MAH MBA CETRs. 1.89 lakhs

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Frequently Asked Questions 

1.How many MBA colleges are there in Mumbai?

Answer. 172 MBA Colleges in Mumbai (All)

2. 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)
3. What is the fees of MBA in Mumbai colleges?

Answer. MBA Colleges in MumbaiShow 102550100 entriesSearch:

MBA college in MumbaiFee for 2 year MMS/MBA/PGDM (Rs. In lakhs)
SPJIMR, Mumbai17.5
NMIMS, Mumbai19.76
NITIE Mumbai12.53
JBIMS Mumbai6

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4. Which MBA course is best?

Answer. MBA in Mumbai Top Colleges

Here is a list of the best MBA specializations in demand in 2021 and post COVID that you can choose from.

  •     MBA in Data Analytics. 
  •     MBA in Entrepreneurship
  •     MBA in Finance
  •     MBA in Strategy
  •     MBA in International Business
  •     MBA in Human Resource Management
  •     MBA in Risk Management
  •     MBA in Operations

5. Which MBA gives highest salary?

Answer. MBA in Mumbai Top Colleges

Top 5 Highest-Paying MBA Concentrations

  1. Management.
  2. Entrepreneurship.
  3. Finance.
  4. Marketing.
  5. Information Technology.

6. What is the monthly income of MBA?

Answer. The average MBA salary in India per annum is Rs. 4,50,000 when starting out.

MBA Salary in India – Breakdown of Each Specialization.Show 102550100 entriesSearch:

SpecializationAverage Salary (LPA)Range
MBA in MarketingINR 7,82,0007L-25L
MBA in Digital MarketingINR 5,50,0005L-25L
MBA in FinanceINR 7,30,0007L-22L
MBA in HRINR 5,20,0005L-8L

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7. Does an MBA guarantee a good job?

Answer. MBA in Mumbai Top Colleges

An MBA might help in getting a job interview, but it will not guarantee the applicant will land that job. On the other hand, people with work experience looking to give their career a boost can open avenues for growth and promotion with a part-time or EMBA program. Graduating with an MBA can earn you a higher salary.

8. Is Cat compulsory for MBA?

Answer. No, CAT or CMAT exam is not compulsory for MBA. There are a host of other MBA entrance exams similar/euivalent to CAT like XAT. Several institutes have their own entrance exams like NMAT for NMIMS, TISS, SNAP for Symbiosis, IIFT, CET for Maharashtra institutes, MICA, etc.

9. 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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10. Is MBA hard to study? MBA in Mumbai Top Colleges

Answer. MBAs are challenging but not difficult to graduate. Many potential students ask if an MBA is too difficult for an average student. The easy answer is “most likely not”. But, as you’ll probably learn during your MBA, your attitude makes up over 50% of your professional success, anyway.

 11. Which MBA is best for CEO?

Answer. MBA in Mumbai Top Colleges.

Among MBA concentrations that power future CEOs’ journey to the top are finance, marketing, public policy, information technology, environment sustainability, and health administration.

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