Top MBA Colleges in Mumbai 2022: Fees, Cutoff, Placements, Rank
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Top MBA Colleges in Mumbai 2022: Fees, Cutoff, Placements, Rank

Top MBA Colleges in Mumbai 2022:- MBA and PGDM (Postgraduate Diploma in Management) programmes are offered by Top MBA Colleges in Mumbai 2022 via online, offline, and distance learning modes.

 Saurav Anand 07/01/2022
Top MBA Colleges in Mumbai 2022: Fees, Cutoff, Placements, Rank
Top MBA Colleges in Mumbai 2022 Apply Now And Get Upto 80% Discount On Application Form Top MBA Colleges in Mumbai 2022:- MBA and PGDM (Postgraduate Diploma in Management) programmes are offered by Top MBA Colleges in Mumbai 2022 via online, offline, and distance 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 colleges. The AICTE has approved 57 MBA institutions in Mumbai, whereas the UGC has approved 17. MBA programmes are available in a variety of specialties, from finance and marketing to supply chain management and urban planning, at the best MBA institution in Mumbai. In Mumbai, there are roughly 106 private MBA colleges and 11 government MBA colleges out of a total of 262 MBA colleges.NIRF Ranking 2021 places Indian Institute of Technology (IIT) Bombay, National Institute of Industrial Engineering (NIIE) Mumbai, and S. P.…

Top MBA Colleges in Mumbai 2022

Top MBA Colleges in Mumbai 2022:- MBA and PGDM (Postgraduate Diploma in Management) programmes are offered by Top MBA Colleges in Mumbai 2022 via online, offline, and distance 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 colleges. The AICTE has approved 57 MBA institutions in Mumbai, whereas the UGC has approved 17. MBA programmes are available in a variety of specialties, from finance and marketing to supply chain management and urban planning, at the best MBA institution in Mumbai.

  • In Mumbai, there are roughly 106 private MBA colleges and 11 government MBA colleges out of a total of 262 MBA colleges.
  • NIRF Ranking 2021 places Indian Institute of Technology (IIT) Bombay, National Institute of Industrial Engineering (NIIE) Mumbai, and S. P. Jain Institute of Management & Research at 10, 12, and 19, respectively.
  • Some of the greatest MBA colleges in Mumbai include Shailesh J. Mehta School of Management [SJMSOM], SPJIMR, IIT Bombay, and SBM NMIMS.
  • MBA admissions to the best MBA Colleges in Mumbai are primarily determined by a test known as the CAT. However, marks from other management admission tests including as the MAT, XAT, NMAT, CMAT, ATMA, MAH CET, and even the GMAT and GRE are accepted by many universities. Some of the best hotel management colleges in Mumbai include IHM Mumbai, Bharati Vidyapeeth College of Hotel and Tourism Management Studies – [BVCHTMS] Navi Mumbai, and ITM Institute of Hotel Management – [ITM-IHM] Mumbai.
  • Depending on the universities, the average tuition for pursuing MBA/PGDM programmes at the Top MBA Colleges in Mumbai 2022 can range from INR 50,000 to 30 lakhs each year.
  • K. C. College of Management Studies – [KCCMS] Mumbai, ISMS Mumbai, Mumbai University, and KJSCCETR Mumbai are among the Top MBA Colleges in Mumbai 2022 with fees under INR 60,000.The best MBA colleges in India provide excellent placement possibilities with high pay packages and a great return on investment. The typical CTC is between INR 18 and 30 LPA.
  • Accenture, Amazon, Axis Bank, HCL, HDFC, and other top-tier corporations participate in placement drives organized by Mumbai’s best MBA universities.
  • The best colleges in Mumbai for MBA in Finance include SJMSOM Mumbai, SPJIMR Mumbai, and SBM NMIMS Mumbai, which are all ranked among the top 10 MBA colleges in Mumbai. Hub of MBA education

Top 10 MBA Colleges in Mumbai 2022

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 MBA Colleges in Mumbai 2022: Every year, many organisations publish rankings of the best colleges in India. These organisations publish various lists, such as the Top MBA Colleges in India, Top MTech Colleges in India, and so on. These lists are also released for different cities and states in India based on several characteristics such as college perception, placements, teacher-student ratio, and so on.

NIRF, India Today, Economic Times, and others are among the prominent Indian organisations that publish such lists. The following is a rating of the best MBA colleges in Mumbai, along with their fees.

NIRF Ranking 2021: Top MBA Colleges in Mumbai 2022

The Ministry of HRD, Government of India, runs the NIRF (National Institutional Ranking Framework), which is India’s top ranking agency. It publishes ranking lists for various colleges in India, which are classified into eight categories.NIRF has named IIT Bombay as the finest MBA college in Mumbai. In 2021, the national rating agency assigned the institute a rank of 11 in India.

  • Despite being recognized as the finest in Mumbai, the institute has dropped one position from its previous ranking in 2022.
  • SP Jain, NITIE, Narsee Monjee, and KJ Somaiya are among the other Mumbai colleges listed by NIRF.
College NameNIRF Score
Indian Institute of Technology Bombay68.08
National Institute of Industrial Engineering, Mumbai64.52
S. P. Jain Institute of Management & Research58.73
SVKM's Narsee Monjee Institute of Management Studies57.53
K.J.Somaiya Institute Of Management46.68
Principal L N Welingkar Institute of Management Development and Research43.73

Top MBA Colleges in Mumbai 2022:- India Today Ranking 2022

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
L N Welingkar Institute of Management Development and Research33
Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)39
N L Dalmia Institute of Management Studies and Research80
Universal Business School86
IES Management College and Research Center144
Atharva Institute of Management Studies171
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Top MBA Colleges in Mumbai 2022: Return on Investment (Return on Investment)

The Return on Investment, or ROI, determines how advantageous it is to pursue a specific course from a specific college. The following are some of the best private MBA colleges in Mumbai in terms of return on investment.

Name of the CollegeCourse Fee (in INR)Average Annual Package (In INR)
Shailesh J. Mehta School of Management, IIT Bombay8,67,00021,96,000
Prin. L. N. Welingkar Institute of Management Development and Research - Online Distance Learning Center17,2508,61,000
SPJIMR, Mumbai17,50,00019,50,000
National Institute of Industrial Engineering12,53,00010,88,000
Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS University, Mumbai20,87,00015,00,000

Mumbai’s Best MBA Colleges Cutoff

Students are admitted to various colleges based on various criteria such as entrance tests and merit lists. The majority of Mumbai colleges recognize the MAT score, as well as the CAT and CMAT. Some of the best MBA colleges in Mumbai, along with their cutoff scores, are listed here.

Top MBA Colleges in Mumbai 2022MBA Cutoff
SJMSOM IIT Bombay90 (CAT)
SP Jain (SPJIMR)92 (CAT)
Narsee Monjee (NMIMS)209 (NMAT)
KJ Somaiya86 (CAT)
Welingkar (WeSchool) Mumbai80 (CAT)
NITIE Mumbai90 (CAT)
SIMSREE Mumbai144 (MAHCET)

Institute of Management Studies, Narsee Monjee (NMIMS)

NMIMS (Narsee Monjee Institute of Management Studies) is one of India’s top 10 MBA schools. Mumbai, Navi Mumbai, Pune, Chandigarh, Hyderabad, and Bangalore are among the cities where the institute has campuses.

  • On the NAAC accreditation scale, NMIMS Mumbai received a 3.59 CGPA.
  • In 2022, India Today ranked the institute as the 9th top B school.
  • NMIMS received AACSB accreditation in April 2018, which is only given to less than 5% of the world’s business schools.
  • The MBA programme at NMIMS is organised into six semesters.
  • Special classes for French, Spanish, and German are included in the course curriculum to assist students in obtaining greater chances.
  • The NMIMS MBA programme has a total of 111 credits, with 63 credits available for electives.

IIT Bombay’s Shailesh J. Mehta School of Management (SJMSOM)

  • IIT Bombay, with its Shailesh J. Mehta School of Management (SJMSOM), is also a leader in India’s management business.
  • In the year 2019, the institute was placed 4th in the QS World Rankings and is among the top 10 MBA colleges in Mumbai.
  • The MBA programme at SJMSOM-IIT Bombay emphasises on essential concepts such as financing, accounting, and operations, as well as technological issues such as technology policy and R&D management.
  • The CAT score is used to determine MBA admissions, which is followed by a Written Ability Test.
  • The MBA programme at the institute is organised into eight terms that last two years.
  • The first year has 23 courses, while the second year includes electives.

Mumbai’s Best MBA Colleges The Common Admission Test (CAT) is India’s most popular management admission exam

  • Every year, around 2 lakh candidates take the CAT exam. In 2019, 2.44 lakh people applied for the CAT exam, which was held on November 24.
  • The CAT score is accepted by the majority of Mumbai’s top MBA institutions.
  • Many technology institutes, such as IITs, use the CAT score in their particular management programmes.

A list of Top MBA Colleges in Mumbai 2022 that accept the CAT score is shown below:

  • IIT Bombay’s Shailesh J. Mehta School of Management
  • SP Jain Institute of Management and Research-SPJIMR Amity Global Business School National Institute of Industrial Engineering
  • NITIE National Institute of Industrial Engineering-NITIE

Mumbai’s Best MBA Colleges MAH Top MBA colleges in Mumbai through CET, or the Maharashtra Common Entrance Test, is a common admissions test for MBA admissions in Maharashtra’s leading universities.

  • Maharashtra’s Directorate of Technical Education (DTE) administers the test.
  • Logical Reasoning (75 questions), Abstract Reasoning (25 questions), Quantitative Aptitude (50 questions), Verbal Ability, and Reading Comprehensions are all part of the MAH CET syllabus (50 questions).
  • More than 330 public/private top MBA colleges in Maharashtra and 39 colleges in Mumbai recognise its score.
  • Most of the best MBA schools publish CET cut-offs, which are usually around 98.
  • MAH CET 2020 enrollment dates are tentatively set for January 14, 2020 through February 18, 2020.

The following is a list of the best MBA colleges in Mumbai, as determined by the CET:

  • Prin. L.N. Welingkar Institute of Management Development and Research-We School
  • Lala Lajpat Rai Institute of Management-LLIM
  • Xavier Institute of Management and Research-XIMR

Top MBA Colleges in Mumbai with Fees

College NameTotal Fees
Shailesh J. Mehta School of Management, IIT Bombay (SJMSOM)INR 4,24,000
National Institute of Industrial Engineering (NITIE)INR 3,50,000
S P Jain Institute of Management and Research (SPJIMR)INR 15,00,000
K J Somaiya Institute of Management Studies and Research (SIMSR)INR 3,33,000
Narsee Monjee Institute of Management Studies (NMIMS)INR 9,25,000
Prin. L.N. Welingkar Institute of Management Development and ResearchINR 55,000
BITSoMINR 24,50,000
SIES College of Management StudiesINR 2,20,000
ICFAI Business SchoolINR 4,00,000
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Top MBA Colleges in Mumbai 2022, Rank Ordered by Placement

Top MBA institutions in Mumbai placements have a lot to offer, with some of the city’s most prestigious business institutes.

  • Every year, an average MBA college in Mumbai receives more than 120 job offers.
  • This year, more than 180 recruiters visited the NMIMS Mumbai campus.
  • In these institutes, the average CTC offered is around INR 12-15 lakh.

Mumbai’s Best MBA Colleges One of the most sought-after MBA specialties is marketing. Furthermore, the industry is booming like no before.

  • By the end of 2020, India’s advertising and marketing industry is predicted to surpass $10 billion.
  • The digital marketing industry is predicted to develop at a 33.5 percent compound annual growth rate (CAGR) until 2020.
  • Online marketing is expanding at a two-to-three-fold rate as well.

The following are some of the best marketing MBA colleges in Mumbai:

  • S.P. Jain Global School of Management Narsee Monjee Institute of Management Studies ICFAI Business School Shailesh J. Mehta School of Management, IIT Bombay (SJMSOM)
  • In Mumbai’s top MBA institutes, the average package for Marketing ranges from INR 6-8 lakh.
  • Universities with the Best MBA Programs

In Mumbai, there are 178 MBA Colleges (All)

Mumbai, India’s financial and business metropolis, is also one of the country’s top MBA destinations. Mumbai is, without a doubt, one of India’s most popular MBA destinations. MBA institutes in Mumbai provide a high-quality MBA education with excellent placement opportunities. It is also a centre for management, technology, and related fields of study. One of the most popular post-graduate programmes in Mumbai is the Master of Business Administration, or MBA. The two-year degree opens the door to a myriad of corporate job prospects.

JBIMS Mumbai, SPJIMR Mumbai, NMIMS Mumbai, K J Somaiya Mumbai, and NITIE Mumbai are the top five MBA institutes in Mumbai, according to reputable rankings. SJMSOM-IIT Mumbai, Welingkar, Mumbai, SIMSREE Mumbai, SIES Mumbai, IESMCRC Mumbai, and Kohinoor Business School are also among the top MBA institutes in Mumbai. Mumbai is a popular MBA destination because of all of these management colleges. Excellent communication, leadership, problem-solving, management, research-oriented, analytical thinking, eye for detail, goal-oriented & capacity to work under pressure, good mathematics skills, and other attributes are required of MBA professionals.

Highlights

College NameTotal Fees
Shailesh J. Mehta School of Management, IIT Bombay (SJMSOM)INR 4,24,000
National Institute of Industrial Engineering (NITIE)INR 3,50,000
S P Jain Institute of Management and Research (SPJIMR)INR 15,00,000
K J Somaiya Institute of Management Studies and Research (SIMSR)INR 3,33,000
Narsee Monjee Institute of Management Studies (NMIMS)INR 9,25,000
Prin. L.N. Welingkar Institute of Management Development and ResearchINR 55,000
BITSoMINR 24,50,000
SIES College of Management StudiesINR 2,20,000
ICFAI Business SchoolINR 4,00,000

Mumbai MBA Colleges Criteria for Eligibility

The requirements for an MBA programme may range from one college to the next. However, the following are the core MBA eligibility requirements:

  • As a basic eligibility condition for MBA candidates, they must have graduated from a recognised university with a bachelor’s degree in any discipline or equivalent (full-time).
  • The majority of institutes have a graduation minimum score requirement of 50% average or comparable. The minimum aggregate score for reserved category students is 45 percent.
  • Final-year graduate applicants are also eligible to apply for MBA if they can show documentation of completing their bachelor’s degree within the institute’s prescribed time frame.

MBA Institutions in Mumbai with NIRF Rankings and Ratings MBA colleges in Mumbai receive an aggregate NIRF ranking and rating based on teaching, learning, and resources, research and professional practise, graduation outcomes, and peer perception. Candidates can look up a list of the best colleges, as well as their NIRF 2020 and ratings (aggregate)

College NameNIRF’20 Ranking
SJMSOM IIT Bombay - Shailesh J. Mehta School of Management, Mumbai11
NITIE Mumbai - National Institute of Industrial Engineering12
S. P. Jain Institute of Management and Research, Mumbai18
K. J. Somaiya Institute of Management Studies & Research56
VESIM - Vivekanand Education Society Institute of Management Studies and Research76-100

Top MBA Colleges in Mumbai 2022, both Private and Public

In Mumbai, there are around 151 MBA colleges that provide MBA courses, with 111 being private, 10 being public, and the rest being public-private colleges. Here is a list of some of Mumbai’s best private and public MBA schools.

List of Top Private MBA Colleges in Mumbai

Private CollegeCourse Fee (in Rs)
Dr DY Patil University's School of Management (DYPUSM), Navi Mumbai.8.4 L
Kohinoor Business School (KBS), Mumbai.5.5L
Sir M. Visvesvaraya Institute of Management Studies and Research (SVIMS), Mumbai.4.6 L
ASM's Institute of Management & Computer Studies (IMCOST), Thane.2.31 L - 6.5 L
GNVS Institute of Management (GNVSIOM), Mumbai3.5 L

List of Top Public MBA Colleges in Mumbai

Public CollegesCourse Fee (in Rs)
Tata Institute of Social Sciences (TISS), Mumbai40.6 K - 1.05
Bombay Stock Exchange (BSE) Institute, Mumbai5.6 L – 30. 76 L
Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay, Mumbai8.32 L
National Institute of Industrial Engineering (NITIE), Mumbai6.63 L – 14 .63 L
Sasmira's Institute of Management Studies and Research3.8 L

Top MBA Colleges in Mumbai 2022 Return on Investment

The return on investment of top schools in Mumbai is computed by dividing the benefit or return on investment by the cost of investment in the form of fees. In other terms, ROI refers to the difference between a candidate’s placement and the amount they paid for college. Candidates can review a list of MBA colleges in Mumbai, as well as course fees and typical salaries.

College NameCourse Fee in RsAverage salary (in Rs LPA)
TISS, Mumbai30.33 LPA20.06 LPA
NMIMS, Mumbai30.37 LPA17.97
SJMSOM, IIT Bombay, Mumbai32.4 LPA20.8
SIMSR Mumbai28.5 LPA13.25
SIMSREE, Mumbai17 LPA10.97

Mumbai offers a variety of MBA specialisations.

Finance, Sales and Marketing, Human Resources, IT and Systems, Operations, International Business, Supply Chain, Business Analytics, Entrepreneurship, Healthcare and Hospitality, and more specialisations are available at MBA institutes in Mumbai. Finance and Sales and Marketing are the most popular, followed by Human Resources. To get a full understanding of the top 10 MBA specialisations in Mumbai, see the infographic below:

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Which MBA exams are the most popular in Mumbai?

CAT and MAT are the most common entrance exams for MBA students in Mumbai. While a good CAT score will get you into colleges like IIT Bombay’s Shailesh J. Mehta School of Management (SJMSOM) and Sydenham Institute of Management Studies Research and Entrepreneurship Education (SIMSREE), a good MAT score will get you into ASM’s Institute of Management & Computer Studies (IMCOST) and GNVS Institute of Management.

The remaining colleges accept XAT, CMAT, ATMA, MAH CET, NMAT, MHT CET, TISSNET, WLCI Aptitude Test, and other aptitude tests for admission.

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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. If we expand this list, then SJMSOM-IIT Mumbai, Welingkar, Mumbai, SIMSREE Mumbai, SIES Mumbai, IESMCRC Mumbai, Kohinoor Business School are also highly ranked MBA colleges in Mumbai.

MBA Colleges in Mumbai accepting CAT, XAT

MBA colleges in Mumbai shortlist and offer admission to their flagship MBA/PGDM programmes on the basis of CAT and XAT exams.

MBA institutions in Mumbai select their best students and grant admission to their top MBA/PGDM programs through exams like CAT and XAT.

The top choice of students, Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai is one of the top MBA schools in Mumbai with a low-cost fee, strong alumni, and high-quality places. The cut-off CAT score by JBIMS will be 95+ percentile! NITIE Mumbai, SJMSOM-IIT Mumbai, and IIM Nagpur accept only CAT scores.

SPJIMR Mumbai, K J Somaiya Institute of Management, SIMSREE, SIES, and IESMCRC are some other excellent MBA schools in Mumbai which take XAT and CAT scores.

School of Business Management, Narsee Monjee Institute of Management Studies (NMIMS) accepts only NMAT by GMAC scores. It does not accept scores from CAT or the XAT in admission.

  • 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
  • SPJIMR Mumbai, K J Somaiya Institute of Management, SIMSREE, SIES, IESMCRC, are other good MBA colleges in Mumbai who accept CAT and XAT score.
  • School of Business Management, Narsee Monjee Institute of Management Studies (NMIMS) accepts only NMAT by GMAC scores and does not accept CAT or XAT scores in admission.
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MBA Colleges in Mumbai accepting CMAT, MAT

If you don’t have a high CAT or XAT score, don’t worry. Most MBA colleges in Mumbai like K J Somaiya Institute of Management Mumbai, Welingkar, Chetana’s Institute of Management and Research, SIES Mumbai, N L Dalmia, IES MCRC Mumbai, ITM Navi Mumbai, VESIM Mumbai, DSIMS Mumbai, Guru Nanak Institute of Management Studies (GNIMS), BVIMSR, Mumbai; offer admissions based on CAT, XAT, CMAT/MAT or both CMAT and MAT exam scores. If you have 70 to 90+ percentile score in CMAT or MAT, you stand a good chance.

Fee for MBA Colleges in Mumbai

There are plenty of options for MBA in Mumbai. The fee range for Government MMS/MBA colleges and other Top MBA Colleges in Mumbai 2022 is also very wide. Do you know that JBIMS Mumbai has hiked its fee by 200% from Rs.2 lakhs to Rs.6 lakhs and still it is low! Other Top MBA Colleges in Mumbai 2022 charge between 10-20 lakhs, at par with IIMs. But don’t worry. There are many good MBA colleges that charge between 5-10 lakhs and offer good education and placements. Let’s look at fee for a few select B-schools:

MBA College in MumbaiFee for 2 year MMS/MBA/PGDM (Rs. In lakhs)
SPJIMR, Mumbai17.5
NMIMS, Mumbai19.76
NITIE Mumbai12.53
JBIMS Mumbai6
K J Somaiya Institute of Management, Mumbai14.94
SIES, Mumbai7.2
SIMSREE, Mumbai1.46
IESMCRC, Mumbai6
Chetana’s Institute of Management and Research6.6
SDA Bocconi Asia Center, Mumbai18.6
DSIMS, Mumbai7.8
Kohinoor Business School5.9

Mumbai’s most popular MBA specialisations

In Mumbai, there are roughly 235 MBA colleges. Full-time MBA programmes, part-time MBA programmes, and online MBA programmes are all available. The candidate might choose from a number of different specialisation areas. The following are some of the most popular and sought-after MBA specialisations in Mumbai.

  • Top MBA Colleges in Mumbai 2022 with Marketing Specialization
  • IIT Bombay’s Shailesh J. Mehta School of Management (SJMSOM)
  • S.P. Jain Global School of Management (S.P. Jain Global School of Management) (S.P. Jain Global School
  • Narsee Monjee Institute of Management Studies is a management school founded by Narsee Monjee.
  • ICFAI Business School is a business school based in India.
  • Human Resources Management is a specialisation offered by several of Mumbai’s top MBA colleges.
  • Jamnalal Bajaj Institute of Management Studies Jamnalal Bajaj Institute of Management Studies Jamnalal Bajaj Institute of Management Studies
  • Narsee Monjee Institute of Management Studies is a management school founded by Narsee Monjee.
  • Welingkar Institute of Management Development and Research (Principal L.N. Welingkar Institute of Management Development and Research)
  • K. J. Somaiya Institute of Management Studies (K. J. Somaiya Institute of Management Studies) (K. J. Somaiya

Admissions Process for Mumbai’s Best MBA Colleges

The admission process and eligibility requirements for MBA colleges in Mumbai differ from one institute to the next. On one hand, SPJIMR accepts XAT and CAT scores, but NMIMS only accepts NMAT scores. While NITIE only accepts marks from the CAT test, SIMSREE allows scores from the CMAT and MAT exams. However, there are a few standards, requirements, and essential rules that every applicant must meet in order to be considered for an MBA programme.

  • If an applicant wishes to be admitted to a full-time MBA programme, he or she must have completed an undergraduate degree in any discipline from a recognised university.
  • Candidates must have a minimum of 50% in order to be considered.

Best MBA Colleges in Mumbai with low fees

MBA institutions within Mumbai Indeed, Mumbai is one of the top Indian MBA destinations. Based on reputed Rankings, the Top 5 MBA colleges in Mumbai are JBIMS Mumbai, SPJIMR Mumbai, NMIMS Mumbai, K J Somaiya Mumbai, and NITIE Mumbai. If we extend the list, then we can add SJMSOM IIT Mumbai, Welingkar, Mumbai, SIMSREE Mumbai, SIES Mumbai, IESMCRC Mumbai, Kohinoor Business School are also highly rated MBA schools located in Mumbai.

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MBA Colleges in Mumbai Accepting Entrance Exam

In the event that you do not have a great CAT or XAT score don’t fret. The majority of MBA schools are located in Mumbai including K J Somaiya Institute of Management Mumbai, Welingkar, Chetana’s Institute of Management and Research, SIES Mumbai, N L Dalmia, IES MCRC Mumbai, ITM Navi Mumbai, VESIM Mumbai, DSIMS Mumbai, Guru Nanak Institute of Management Studies (GNIMS), BVIMSR, Mumbai; accept admissions on the basis of CMAT/MAT, CAT/XAT or both test scores. If you score 70 to 90percentile scores in CMAT or the MAT exam, you’ll have an excellent chance of being accepted.

MBA Colleges in Mumbai Accepting MAHCET Cutoffs

MBA/MMS program is a low-cost, high RoI program that is the flagship two-year full-time MBA program offered by hundreds of MBA schools in Mumbai and the rest of Maharashtra in accordance with the state-level MBACET exam administered by the Government of Maharashtra. It is the MMS also known as MBA in Mumbai by Government counseling is a cost-effective as well as a high ROI management program. Top MBA colleges like JBIMS Mumbai, SIMSREE Mumbai, K J Somaiya Institute of Management Mumbai, DSIMS Mumbai, SIES Mumbai, IES MCRC Mumbai, ITM Navi Mumbai, VESIM Mumbai, also accept MAHCET exam scores for admission.

15% of seats are reserved 15% of seats are reserved for All India category students at the 400 MBA institutions in Mumbai and the rest of Maharashtra that accept the MBACET scores. There are around 44000 total seats for MBA/MMS/PGDM within MBA schools within Maharashtra by DTE, Government of Maharashtra and Maharashtra’s counseling. Learn more concerning the MBACET MBA Test.

MAH CET 2022 cut offs for admission to top MBA colleges in Maharashtra is released during the counseling system. Consistently, the MAH CET MBA cut offs go as high as 99.97 percent while lowest cut offs are usually around 60. MAH CET 2022 cut offs will be released class wise for all participating institutes alongside merit lists undoubtedly in June. The two categories are – Maharashtra State classification and All India classification.

Last year, the highest MAH CET cut off in All India class in Round I was 99.97 percentile for JBIMS followed by SIMSREE whose cut off was 99.86 percentile and Prin LN Welingkar whose cut off was 99.76 percentile. For PUMBA, the MAH CET cut off was 99.63 percentile.

Factors Determining MAH CET 2022 Cut Offs

The State Common Entrance Test Cell, Maharashtra conducts admission to MBA/MMS programs offered by state colleges and affiliated institutes based on MAH CET test score. For selection of candidates, the participating institutes fix a score or scope of scores, which is alluded to as cut off. MAH CET not set in stone based on the accompanying factors:

  • The difficulty level of MAH CET test
  • Number of candidates who took the test
  • Number of candidates who cleared the test
  • Number of MBA/MMS seats available in the school
  • Number of seats available class wise
  • Ranking of the establishment

MAH MBA CET Cut Off Categories

MAH CET admissions are directed under two categories: Maharashtra State (MS) and Outside Maharashtra State (OMS). Investigate the table beneath to understand which class understudies fall under MS or OMS categories:

CategoryDescription
Maharashtra State (MS)Maharashtra and Minority Seats: This category includes candidates with Maharashtra as their domicile state and reserved category students including-SC/ST/OBC/PwD
Outside Maharashtra State (OMS)All India Seats: This category includes candidates from outside the state of Maharashtra.

J&K Migrant List: This category includes candidates from the state of Jammu and Kashmir who migrated to other Maharashtra or other states.

MAH MBA CET Cut Offs 2021

Given below are the MAH CET cut offs of top MBA colleges in Maharashtra for 2021 admission cycle for both round I and II of MAH CET advising. The cut offs for 2022 academic year are expected to be in the same range.

MBA CollegeMAH CET Cut Off Round I (percentile)MAH CET Cut Off Round II (percentile)
Jamnalal Bajaj Institute of Management Studies, Mumbai99.9799.95
Sydenham Institute of Management Studies & Research & Entrepreneurship Education(SIMSREE), Mumbai99.8699.85
Prin LN Welingkar Institute of Management Development & Research, Mumbai99.7699.71
Department of Management Sciences (PUMBA), University of Pune99.6399.45
SIES College of Management Studies, Mumbai99.6399.36
College of Engineering, Pune99.6299.4
Xavier Institute of Management & Research, Mumbai99.5499.39
Chetana's Ramprasad Khandelwal Institute of Management & Research, Mumbai99.2598.89
MET's Institute of Management, Mumbai98.8998.45
Lala Lajpatrai Institute of Management, Mumbai98.6498.28

MAH MBA CET Cut Offs 2020

MBA CollegeMAH CET Cut Off (percentile)
Jamnalal Bajaj Institute of Management Studies, Mumbai99.97
Sydenham Institute of Management Studies & Research & Entrepreneurship Education(SIMSREE), Mumbai99.93
Prin LN Welingkar Institute of Management Development & Research, Mumbai99.82
Department of Management Sciences (PUMBA), University of Pune99.71
SIES College of Management Studies, Mumbai99.68
College of Engineering, Pune99.61
Xavier Institute of Management & Research, Mumbai99.58
Chetana's Ramprasad Khandelwal Institute of Management & Research, Mumbai99.39
MET's Institute of Management, Mumbai98.86
Lala Lajpatrai Institute of Management, Mumbai98.44

MAH MBA CET Cut Offs 2019

In MAH CET 2019, the highest cut off was 99.98 percentile for MBA/MMS. The candidates can check the cut off signs of all top Maharashtra institutes for MBA/MMS admission below:

MBA CollegeMAH CET Cut off 2019 (percentile)
JBIMS, Mumbai99.98
SIMSREE, Mumbai99.95 (MMS) and 99.94 (PGDM)
KJ Somaiya Institute of Management Studies & Research, Mumbai99.94
Prin LN Welingkar Institute of Management Development & Research, Mumbai99.89
NL Dalmia Institute of Management Studies and Research, Mumbai135 (raw score)
SIES College of Management Studies, Mumbai99.77
DOMS-PUMBA99.65
St Xavier College Soc.'s, Xavier Institute of Management & Research, Mumbai99.65
Chetana's Ramprasad Khandelwal Institute of Management & Research, Mumbai99.47
MET's Institute of Management, Mumbai99.01

MAH MBA CET Cut Offs

People Also Ask

Q. Does MAH CET cut off include sectional cut offs?

Ans. No, MAH CET cut offs include just the overall cut offs basis which seats are allotted to candidates. The candidates need to meet no sectional cut off to be eligible for admission into a particular college.

Q. Which are the colleges in Maharashtra I can apply to through MAH CET?

Ans. There are over 200 colleges and organizations, which acknowledge MAH CET score. These colleges and establishments are completely situated in Maharashtra and perceived by the government. Click for the rundown of colleges accepting MAH CET score.

Q. Where could I at any point check MAH CET cut offs 2022 for every college?

Ans. The State Common Entrance Test Cell, Maharashtra uploads round wise and classification wise MAH CET cut offs on its official website. You can likewise confirm MAH CET 2022 cut on this page also once the cut offs are delivered.

Q. Is CAP merit list for admission arranged just in light of MAH CET score and cut offs?

Ans. No, the CAP merit list for admission is arranged in view of MAH CET score and scholastic history of the candidates. The candidates are allotted seat in one of the foundations they select in the advising form.

Q. How might I at any point actually take a look at my seat portion status of MAH CET MBA CAP?

Ans. You can really take a look at your seat designation status of MAH CET MBA CAP by logging on to the State Common Entrance Test Cell website with your CAP application ID and date of birth.

Q. What on the off chance that I clear overall cut off for admission however not the sectional cut off through MAH CET?

Ans. Since, Maharashtra CET thinks about just the overall MAH CET cut off, the candidates don’t need to stress regardless of whether they clear the sectional cut off. The seats are allotted to understudies basis their overall MAH CET score.

Q. For what number of rounds MAH CET cut offs will be declared?

Ans. MAH CET cut offs 2022 will be declared up to two directing rounds. The MAH CET MBA guiding will be conducted for over two months during which the cut offs will be declared. The MAH CET 2022 directing will be held most likely in June and July.

Q. What is the cut off for admission to JBIMS through MAH CET?

Ans. Last year, Jamnalal Bajaj Institute of Management Studies (JBIMS) cut off for admission was 99.97 percentile. This year, the cut off percentile of the establishment can be higher or lower depending on the performance of the relative multitude of candidates in the test.

Q. I have a place with OMS class. Are the admission cut offs for me different from MS class candidates?

Ans. Yes, cut off percentiles of understudies belonging to different classes will be different. The classification specific cut offs will be delivered by the State CET separately. Candidates belonging to reserved classification should check and pick their college appropriately.

Q. When will the MAH CET 2022 cut offs be delivered?

Ans. MAH CET 2022 cut offs will be delivered in during CAP or Counseling Process. The timetable of MAH CET MBA CAP will be delivered about a month after the declaration of test result. In 2020 and 2021, the directing system was postponed because of COVID-19 pandemic.

Q. I have a place with MS class? Is there any seat reservation for me?

Ans. Yes, candidates belonging to MS class under Maharashtra CET can profit seat reservation and scholastic score relaxation for admission. For availing the advantage, the competitor will be expected to transfer house certificate at the hour of registration for test and guiding.

Top 10 Government MBA Colleges in Mumbai

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 SIMSREESJMSOM 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 Colleges 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 Colleges in Mumbai. SIMSREE is called as the Best institute for MBA in Mumbai among all the Mumbai MBA Colleges. ICFAI and IIBM 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 MumbaiList 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:-

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

Top 20 MBA Colleges in Mumbai

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:

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

Conclusion

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Frequently Asked Questions

Q. Which College is better for MBA in Mumbai?

Ans. SPIJMR and NMIMS are better for MBA in Mumbai

Q. Which is the No 1 College in Mumbai?

Ans. St. Xavier’s College is the No 1 college in Mumbai.

Q. Which College in Mumbai has best Campus?

Ans. St. Xavier’s College and Sophia College has best Campus in Mumbai.

Q. Which is the largest College in Mumbai?

Ans. The University of Mumbai or Mumbai University is the largest college in Mumbai.

Q. Which is better SK or KJ?

Ans. KJ Somaiya is better than SK Somaiyam.

Q. Which MBA program in Mumbai is the best?

Ans. Mumbai is, in fact, one of India's top MBA locations. The top five MBA institutions in Mumbai, according to reputable rankings, are SPJIMR Mumbai, NMIMS Mumbai, IIT Bombay, NITIE Mumbai, and JBIMS Mumbai.

Q. Is Pillai College a decent college to get an MBA?

Ans. The campus is vast and well-kept, with excellent facilities. Placements: The placement ratio is good, with over 45% of the batch receiving pre-placement offers. The top 20 students receive a remuneration package of up to ten LPA.

Q. Is it difficult to study for an MBA?

Ans. MBAs are difficult to complete but not impossible. Many prospective students wonder if an MBA is too challenging for a typical student. The simple answer is - it is not  But, as you'll certainly discover during your MBA program, your attitude accounts for more than half of your professional performance.

Q. Is an MBA in India expensive?

Ans. The current MBA Fee for IIMs is between Rs 12 Lakhs and Rs 23 Lakhs, while the MBA Fee for Top PGDM B-schools such as XLRI, MDI, and SPJIMR goes between Rs 15 Lakhs and Rs 23 Lakhs. So, an MBA from most of India's Top 10-20 B-schools would cost between Rs 12 lakhs and Rs 23 lakhs.

Q. What is the difference between MBA and MMS?

Ans. The MBA is a two-year full-time program, however there are also part-time programs that last four years or longer. A Master of Management Studies, or MMS, is a postgraduate degree developed for individuals interested in jobs in corporate management.

Q. Which MBA program provides the greatest pay?

Ans. On the website, you can get a list of the Top Management Colleges in India.

Q. Is there 100% job placement after an MBA?

Ans. Many MBA programs guarantee 100% placement. However, strong programs are available at the institutions listed below.

Q. Is the CAT required for an MBA?

Ans. The CAT is a gateway exam for admission to top-tier MBA programs. Colleges that accept CAT scores provide good prospects for placement. Candidates are evaluated by CAT based on their knowledge, aptitude, and abilities.

Q. Is a distant MBA useful?

Ans. Yes, a remote MBA degree is an useful degree that is also recognized by UGC-DEB, distance MBA is a legitimate degree with several work chances in the marketing industry.

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Top MBA Colleges in Mumbai 2022: Fees, Cutoff, Placements, Rank
Top MBA Colleges in Mumbai 2022: Fees, Cutoff, Placements, Rank