Mumbai is the financial and business capital of India. Bombay Stock Exchange, the National exchange of India, and the Sebi are all headquartered here. Hence it’s one of every of the world’s top ten centers of worldwide financial transactions. Corporate Headquarters of leading Indian companies and MNCs like Unilever, P&G, Godrej, L&T, HDFC, Kotak Bank, ICICI Bank, TATA Group, Reliance Industries, and Aditya Birla Group also are in Mumbai. Mumbai is additionally the media, advertising, and entertainment capital of India.
Navi Mumbai has many top MBA colleges or Business schools (B-Schools) which produce entrepreneurs and business leaders of tomorrow.
If you’re going to pursue MBA from Mumbai, the financial capital of India, and are looking for the simplest MBA colleges in Mumbai accepting CAT, XAT, CMAT, MAT, MAH CET for MBA admission, you’re at the correct place. this text will provide you with the list of MBA colleges in Mumbai, their Placements, Fee, Cut offs and far more to assist you select the correct MBA college in Mumbai.
Complete details of every of those MBA colleges in Mumbai are given below,
ITM Group Of Institutes
Private Established 1991 Address : Plot 25 & 26, Institutional Area, Sector 4, Kharghar (E), Navi Mumbai – 410 210 City: Mumbai | State: Maharashtra MBAUniverse.com Rank: 50| AA | NIRF Rank: Not Ranked
Key USPs and highlights of ITM Navi Mumbai 2022 are
Accreditations & Approvals: ITM Navi Mumbai is Accredited by National Board of Accreditation (NBA) and Association of Indian Universities (AIU). Its PGDM programmes are approved All India Council for Technical Education (AICTE)
Latest Ranking and Ratings: For 29 years, ITM Business Schools are consistently ranked among India’s elite business schools. ITM Navi Mumbai is ranked united of the India’s Best Schools 2021 in Outlook-ICARE MBA Rankings because it was Ranked # 32 among the highest Business Schools in India; Ranked # 14 among the Private Standalone Business Schools in India; Ranked # 10 among the Private Business Schools in West Zone. it had been ranked #20 in Times B-School survey Maharashtra 2019; Ranked #55 by Business world B-School survey 2019; Got 2 Palm Ranking in an exceedingly global B-School Survey, 2019
Moderate Fee: Two Years PGDM programme fee is Rs.10.45 lakhs
Good Placements: Highest salary at ITM Mumbai Placements is Rs.22 LPA while the common salary is Rs.8.5 LPA
Top Recruiters: a number of the highest recruiters at ITM Navi Mumbai include Amazon, Landmark, Piramal, LG India, Reliance General Insurance, TCS, HDFC Ltd, Asian paints, Lodha, Deloitte, ICICI Securities, Kotak Mahindra Bank, L & T Infotech, Korn Ferry, Maven Magnet, Just Dial
Global Partnerships: ITM has partnerships with international universities and schools from the US, UK, Europe & Asia which promises access to global education to its students. a number of the partner universities and institutes are Queen Margaret University, UK; EMI Normandie, France; Groupe ESSCA, France. These collaborations help keep the curriculum updated to fulfill the world standards, usher in internationally acclaimed faculties, and in developing new programs.
Top Faculty: ITM grad school has well qualified and experienced faculty drawn from top academic institutions like IITs, IIMs, International institutes and from top corporate and industry to supply practical experience in management education.
Internships & Live Projects: 5 Month Intensive Internship program with focused “On the job” Training. Students are engaged in live projects mentored by a team of Industry Experts and Core Faculties. ITM graduate school has re-designed NGO Project to inculcate Corporate Social Responsibility among the scholars.
Industry Ready Specializations: ITM offers 10 industry-ready innovative specialisations including FinTech, Digital Marketing and Transformations and Business Analytics to match the changing industry requirements.
Updated Curriculum: ITM grad school consistently keeps updating its PGDM programme curriculum as per industry requirements. 300+ hours of life skills and professional development are incorporated within the curriculum.
Scholarships: ITM grad school grants a limited number of merit scholarships. The awards range from 10%, 25%, 50%, 100% of program fees.
- ITM will shortlist the candidates on the premise of MBA test score, academics and achievements of the candidates
- No minimum bring to an end has been prescribed by the institute for shortlisting
- Shortlisted Candidates are called to attend the Micro Presentations Personal Interviews (MPPI) Process selection rounds
- On successful completion of your MPPI, you will be offered admission to 1 or more programs, supported your overall performance within the selection process.
Oriental School Of Business
Oriental Education Society, a known bustling centre of learning has three vast and well developed campuses. Of these, two significant institutions namely, Oriental Institute of Management and Oriental School of Business are located at Vashi, a progressive satellite town of Navi Mumbai. Vashi, Navi Mumbai could be a much greener region of Navi Mumbai.
Fee Structure– The fee for the category of 2021-23 is Rs. 4.9 lakhs* (This fee includes tuition fees, development fees, and others)
Infrastructure– Lecture halls (6 lecture halls with an aggregate area of 429 sq.meters) Computer Labs, Library and Seminar Hall, room everything is accessible.
Various Stages OSB students undergo for final / summer placements
- Stage 1: Acknowledgement of the career aspirations of the scholar
- Stage 2: Bridging the gap between the industry demands and also the inherent skill set of the coed
- Stage 3: Guidance through proper training and counselling so as to organize the coed for the required role
- Stage 4: Internships/Live Projects to grasp the intricacies of the world.
- Stage 5: Role and industry specific placements.
With the legacy of 40 years, SVKM’s NMIMS has grown and expanded from 1 school and single campus to 17 different schools across 8 campuses in India offering over 100+ programs across 16 disciplines and has emerged jointly of the highest 10 B-schools in India. MBA programs under the purview of college of Business Management (SBM) at Mumbai campus; and MBA programs under ‘School of Management’ at Bengaluru, Hyderabad, Indore and Navi Mumbai campus offer experiential learning tailored with professional development that sets the inspiration for a lifelong impact.
NMIMS-SBM: Key Highlights
- NMIMS School of Business Management, Mumbai has received Global International AACSB Accreditation.
- Narsee Monjee Institute Of Management Studies (School Of Business Management) offers management programmes at its four campuses. The NMIMS Mumbai MBA programmes offered by SBM-NMIMS are MBA with specialization in Finance, Information Systems, Marketing, Operations &Decision Sciences; MBA –HRM and MBA Pharmaceutical Management.
- The Case Method is that the chief pedagogical tool at NMIMS MBA to wake the classroom globe business scenarios, practical knowledge and personalized learning
- The NMIMS-SBM educational experience aims to equip students with management skills to assist them navigate through the complex business environment of today. Narsee Monjee Institute Of Management Studies School Of Business Management (NMIMS-SBM), Mumbai offers MBA with an intake of 600; MBA (HRM)- Intake 120; MBA Pharmaceutical management- Intake 120; MBA at Hyderabad campus- Intake 120; MBA at Bengaluru campus- Intake 240
NMIMS Mumbai MBA Fees
The exact MBA Fees for educational year 2021-2022 are going to be informed during CD/PI round. However the one year fee for educational year 2020-21 for MBA / MBA HR Program was Rs. 10,42,000/-; MBA Pharmaceutical Management was Rs. 6,32,000/-, Dual Degree in MBA Decision Sciences & Analytics + MS in Business Analytics & Information Management from Purdue University Program was Rs. 12,02,000/-, MBA Bangalore was Rs. 9,02,000/-; MBA Hyderabad & Navi Mumbai was Rs. 8,27,000/-, Indore was Rs. 7,27,000/- MBA Business Analytics was Rs. 8,52,000/-. The Fee for MBA (Digital Transformation) will be told during CD/PI.
NMIMS Mumbai Placements
- SBM-NMIMS, Mumbai Placements have consistently achieved 100% record. the position 2020 details on NMIMS Mumbai average package, highest package, top recruiters are as below:
- NMIMS Mumbai Average Package: Rs.18.33 Lakhs
- NMIMS Mumbai Highest package: Rs. 38.57 Lakhs
- Top Recruiters at SBM-NMIMS: Bain, Cognizant, Deloitte, EY, KPMG, PwC, IBM, Microsoft, Goldman Sachs, JP Morgan, Bank of America, Credit Suisse, Accenture, Google, Amazon, Wipro.
Terna Global Grad School
Terna Global graduate school may be a private institution established in 2019 and is approved by AICTE. TGBS is affiliated to Mumbai University and offers PG Diploma courses in Marketing and Finance, Personnel & Human Resources Management, Hospital & Health Management, Rural Management, Sustainable Management.
Terna Global Graduate school Placements
TGBS offers guidance to the scholars through proper training and counselling so as to organize the scholars for the upcoming job opportunities. The cell further helps to bridge the gap between the industry demands and also the inherent skill of the scholars. Further, the scholars are given internships/ Live projects to know the intricacies of the world.
Some of the highest recruiters are 99acres.com, Aditya Birla, Asian Paints, Bharti Airtel, HDFC Securities, Madison, Being Human, Bank of India, Axis Bank, Amazon etc.
- MBA/PGDM (2 years)
- No. of Courses5 Courses (300 Seats)
- Exams MAT, XAT, CAT , CMAT
- Total Fees ₹4.4 L – 6.2 L
- Course Rating 4.22
NCRD Sterling Institute
NCRD’s Sterling Institute of Management Studies, incepted within the year 2004 is one among the most effective B-Schools within the Mumbai region. it’s approved by AICTE, DTE, Government of Maharashtra, and is affiliated to the University of Mumbai. The Business Standard Survey 2017 ranks it as an “A” grade B-School. NCRD’s Sterling Institute of Management Studies offers two years MMS and three years MCA programs of the University of Mumbai.
Sterling Institute of Management Studies is found between the towering Parsik Hills and therefore the serene township of Nerul, just adjacent to Seawoods terminus, which offers a singular location to make an abode of learning. The MMS and MCA programs aim at disseminating Management and Computer education within the most contemporary form. They create the zeal, excitement and potential in our students to require up challenging assignments. the target of institute is to create and develop competent professionals and socially responsible citizens able to enter within the corporate world.
Pillai Institute of Management Studies
Pillai Institute of Management Studies and Research (PIMSR), Navi Mumbai was established in 1998, is affiliated to Mumbai University and approved by AICTE. The institute offers MMS and MBA courses at the postgraduate level and a Certification course within the discipline of International Business. Admission to PIMSR Navi Mumbai is completed on the premise of CMAT/MAHCET/ATMA/MMSCET scores. Additionally, PIMSR contains a dedicated placement cell having 80% students placed once a year in numerous sectors. the best package is obtainable at INR 10 LPA and therefore the average package is obtainable at INR 4 LPA. a number of the highest recruiters are Berger Paints, GEP, ITC Ltd, Delmonte, Capgemini, L&T Infotech, XL Dynamics, ICICI Bank, HDFC Bank, Selec Control and plenty of more.
Course Fees Eligibility
MBA ₹2.25 Lakhs (1st Year Fees) Graduation with 50%
Institute of Business Studies and Research
Founded in 2004, the Institute of Business Studies and Research (IBSAR) could be a multi-disciplinary institute located in Navi Mumbai. The institute is ISO-certified and offers several programmes at UG, PG and doctoral levels, including BBA, BCom, BCA, MBA, MCom, MA, Executive MBA and PhD. other than the most campus at Navi Mumbai, the institute has another campus which is found in Karjat, Pune.
Key Elements are
|Year of establishment -2004|
|Institute type- Private|
|Location Navi- Mumbai|
|Gender intake -Co-ed|
|Accepted entrance exam –CAT/ MAT/ XAT/ GMAT/ ATMA/ MAH CET|
|Application fee- Rs 1,000|
|Application mode -Online and offline|
|Number of courses offered- 20|
IBSAR admission process are often completed either by applying online through the official website or visiting the campus and filling the shape offline. Admission to all or any the UG and PG programmes offered by IBSAR is merit moreover as entrance-based, looking on the course. Details for the identical are given below:
Admission to all or any the UG programmes is predicated on a candidate’s merit obtained at school 12
so as to hunt admission to MBA programme offered by ISBAR, candidates must appear for CAT/ MAT/ XAT/ GMAT/ ATMA/ MAH CET, followed by a bunch Discussion and private Interview (GDPI) round.
Best MBA Colleges in Mumbai
MBA colleges in Mumbai fees are not too expensive as even the Tier 3 colleges too gives one of the best placement opportunities.
best colleges in Mumbai based on 2022 Ranking
- IIT Bombay, Mumbai. Mumbai, Maharashtra | AICTE, UGC Accredited.
- ICT Mumbai, Mumbai.
- IHM Mumbai, Mumbai.
- St. Xaviers
- Xavier Institute of Communications, Mumbai.
- Mithibai College of Arts, Mumbai.
- Ramnarain Ruia Autonomous College, Mumbai.
- SJMSOM, Mumbai.
MBA course fees in Mumbai differs from college to college as they all have different fees structure. There are MBA colleges in Mumbai with low fees such as
Top MBA Colleges in Mumbai with Low Fees
|Top MBA college with Low Fees||Programme Fee|
|Faculty of Management Studies (FMS) Delhi – University of Delhi||Rs. 1,94,000|
|Delhi School of Economics, Delhi University||Rs. 32,000|
|GGSIPU, Delhi||Rs. 59,000|
|PUMBA, Pune||Rs. 1,34,000|
Top 10 MBA colleges in Mumbai
Tabulated below is the list of top MBA colleges in Mumbai along with their fees structure.
|College Name||Average Fees(INR)|
|K J Somaiya Institute of Management, Mumbai||14,94,000|
|Chetana’s Institute of Management and Research||6,60,000|
|SDA Bocconi Asia Center, Mumbai||18,60,000|
List of MBA colleges in Mumbai including Top MBA colleges with Entrance exam is given below in the article
Business schools in mumbai In Navi Mumbai, there are nearly Top 20 MBA Colleges that provide full-time MBA programs. Approximately 91.7 percent of the top MBA institutions in Navi Mumbai are private, with the remaining 8.3 percent being public/government.
Top MBA Colleges in Navi Mumbai
|No. of top MBA colleges in Navi Mumbai||20 Colleges approx.|
|Fees||Annual Fee INR 1-2 Lakh- 17.6% Annual Fee INR 2-3 lakh- 17.6%|
|Top specialisations||Finance, Sales & Marketing, Human Resources, IT & Systems, Operations, etc.|
|Admission Process||Entrance based|
|Number of IIMs and IITs||IIM Indore- Mumbai Campus|
The two-year full-time MBA program offers several professional and entrepreneurship prospects. This course teaches you about business administration and how to manage your company’s operations. MBA programs are open to students from all disciplines, including science, business, and humanities. Such students should also have crucial talents such as great communication, leadership, problem-solving, management, research orientation, strong mathematics abilities, and so on.
Top MBA Colleges in Navi Mumbai Eligibility Criteria
The eligibility criteria for MBA could vary from college to college. The basic qualifications for MBA are as the following:
- Candidates must be graduates from any field or similar at a recognized university to meet the basic qualification requirement to be eligible for MBA (full-time).
- The majority of institutes adhere to the minimum score requirement for graduation, which is 50 percent on average, or equivalent. For students who are in the reserved category it is required to score 45% overall.
- Candidates who have completed their final year are qualified in applying for MBA when they show the evidence of their graduation within the timeframe stipulated by the institution.
List of Top Private and Government MBA Colleges in Navi Mumbai
In Navi Mumbai, there are nearly 20 MBA institutions, 13 of which are private and the rest are public/government. The following is a list of some of the best private, public, and government MBA colleges in Navi Mumbai.
List of Private MBA Colleges in Navi Mumbai
|ITM Business School, Navi Mumbai||10.45 Lakh|
|School of Management, D.Y. Patil University||8.40 Lakh|
|Terna Global Business School||4.40 Lakh|
|Institute of Business Studies and Research, Navi Mumbai||5.75 Lakh|
|Bharati Vidyapeeth Institute of Management Studies and Research||4.00 Lakh|
Top MBA Colleges in Mumbai Accepting CAT Score
Top MBA Colleges in Mumbai accepting CAT Score shortlist and grant admission to their top MBA and PGDM courses according to the CAT 2021. 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 structure, a strong alumni network and high levels of placement. The CAT score required at the most prestigious MBA school situated in Mumbai has a 95+ percentage! Other top MBA schools in Mumbai that are open to admission with CAT 2021 scores include SPJIMR Mumbai, NITIE Mumbai SJMSOM IIT Mumbai, Kohinoor Business School, IIM Nagpur among others.
|MBA Colleges in Mumbai accepting CAT Score||Expected Cut Off|
|SPJIMR Mumbai||CAT 90-100|
|IIT BOMBAY Mumbai||CAT 80-90|
|NITIE Mumbai||CAT 80-90|
|K J Somaiya Institute of Management Mumbai||CAT 87|
|BITS School of Management – BITSOM||CAT 80-90|
|Prin. L. N. Welingkar WE School Mumbai||CAT 70-80|
|Vijay Patil School of Management (VPSM): DY Patil University Navi Mumbai||CAT 70-80|
|Institute of Management Technology Nagpur||CAT 70-80|
|SDA Bocconi Mumbai||CAT 70-80|
|SIMSREE Mumbai||CAT 75|
|SIES Mumbai||CAT 70-75|
|Chetna CIMR||CAT 65-70|
|ITM Group of Institutions||CAT 65-70|
|IES Management IES MCRC Mumbai||CAT 70-75|
|Vivekanand Business School (VBS) Mumbai||CAT 60-65|
|Kohinoor Business School||CAT 60-65|
|Guru Nanak GNMIMS Mumbai||CAT 60-65|
|DSIMS Mumbai||CAT 70-75|
|Bharati Vidyapeeth`s BVIMSR Mumbai||CAT 55-60|
|MET Mumbai||CAT 50-60|
Hope you have noted Top MBA colleges in Mumbai using CAT scores. Admissions are open to many of them, as indicated above. So make sure you use your CAT 2021 Scores well to apply to these best B-schools using CAT scores.
MBA Colleges in Mumbai Accepting MAT Score
Many major MBA colleges in Mumbai recognize MAT 2022 scores and admit students to their flagship MBA/PGDM programs. But, before you look at the list of top MBA colleges in Mumbai that take MAT, what the admission procedure is like at these MAT institutions in Mumbai, and how to find the finest B-School in Mumbai that accepts MAT test, let’s first discuss What is the MAT test, when is it held, and additional information
What is MAT Exam?
Management Aptitude Test (MAT) is among the crucial six MBA entrance tests. It is conducted by All India Management Association (AIMA) and is a simpler test leading to MBA admission into top MBA colleges. The exam is held in three ways, including CBT IBT or PBT. The total questions on the test are 200 and divided into five sections. There are 40 MCQs in each section. The required percentile for MBA admission into top colleges is 90+. See the a list of Top Colleges below
List of MBA Colleges in Mumbai Accepting MAT Score
|MBA Colleges in Mumbai Accepting MAT score||Expected MAT Cut off percentile|
|SIES School of Business Studies Navi Mumbai||80-90|
|ITM Navi Mumbai||60-70|
|Chetana’s CIMR Mumbai||80-90|
|N. L. Dalmia Institute of Management Studies and Research Mumbai||70-80|
|Vivekanand Business School (VBS) Mumbai||70-80|
|IES Management College And Research Centre (IESMCRC) Mumbai||70-80|
|Kohinoor Business School Mumbai||70-80|
|Durgadevi Saraf Institute of Management Studies Mumbai||70-80|
|Vijaybhoomi University Mumbai||70-80|
|Guru Nanak Institute of Management Studies Mumbai||70-80|
|ATLAS SkillTech University Mumbai||60-70|
|CII School of Logistics, Amity University||60-70|
Top MBA Colleges in Mumbai Accepting XAT Score
The top MBA schools in Mumbai list their shortlists and provide admission to their most prestigious MBA/MMS/PGDM programs based on the XAT score. After an announcement about XAT 2022’s results and the publication of the XAT score cards in the third week of January 2022 Some of the best MBA schools located in Mumbai that accept XAT for admission into MBA/PGDM programs in 2022 will begin their shortlisting process and make the announcement of their shortlist. A few of the best MBA schools in Mumbai that accept XAT scores along with the state-level MH-CET exam will select the applicants after considering CET test scores in the months of March and April.
The top MBA schools located in Mumbai accepting XAT scores for 2022 are K J Somaiya Institute of Management, Welingkar among others. All of these MBA colleges have a strong success in obtaining students. The XAT cutoffs at these top MBA schools in Mumbai vary from 60-90 percentile.
Best MBA Colleges Located in Mumbai Accepting XAT Scores at or Above the 80 Percentile
Top MBA colleges located in Mumbai Accepting XAT scores of at or above 80 percent are some of the top MBA schools in Mumbai that accept XAT scores and will accept students in 2022. The most prestigious MBA schools that accept XAT results in 2022 that have high cutoff percentiles include K J Somaiya Institute of Management Mumbai, Prin. L. N. Welingkar WE School Mumbai among other colleges. Find out more about the cut-offs as well as admissions in these top MBA schools in Mumbai that accept XAT scores of over 80 percent.
MBA Colleges Located in Mumbai Accepting XAT Scores 70 Percentile and Above
Other top MBA schools in Mumbai that accept XAT scores that is 70 percentile or higher include a few of the best MBA institutions in Mumbai that accept XAT scores until 2022 such as SIESCOMS, CIMR, IESMCRC, SDA Bocconi among others. Find out more about the criteria for admission and admissions status of the following MBA schools in Mumbai that accept XAT scores of 70 percentile or more
MBA Schools are Located in Mumbai Accepting XAT Scores of 50 Percentile and Above
MBA institutions in Mumbai accept XAT scores that is 50 or above. are also among the most prestigious MBA schools that are located in Mumbai accepting XAT scores in 2022. These MBA schools that are located in Mumbai which accept XAT score are ITM, BVIMSR, VESIM among other colleges. Find out more about the criteria for admission and admissions status at the top MBA institutions in Mumbai that accept XAT scores 50 percent and above
Frequently Asked Question
Q1. Which MBA is best in Mumbai?
Ans. Indeed, Mumbai is one of India’s leading MBA destination. Based on reputed Rankings, Top 5 MBA colleges in Mumbai are SPJIMR Mumbai, NMIMS Mumbai, IIT Bombay, NITIE Mumbai, JBIMS Mumbai.
Q2. Is Pillai College good for MBA?
Ans. The campus is huge and well-maintained with good facilities. Placements: The placement ratio is excellent, and over 45% of the students from the batch got pre-placement offers. Top 20 students get a salary package of up to 10 LPA.
Q3. Is MBA hard to study?
Ans. 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.
Q4. Is MBA expensive in India?
Ans. The present MBA Fee for IIMs ranges from Rs 12 Lakhs to Rs 23 Lakhs and the MBA Fee for Top PGDM B-schools like XLRI, MDI and SPJIMR ranges from Rs 15 Lakhs to Rs 23 Lakhs. So, MBA from most of the Top 10-20 B-schools in India will cost between Rs 12 lakhs and Rs 23+ Lakhs
Q5. What is difference MBA and MMS?
Ans. The MBA is a full-time, two-year program, but there are also part-time programs that take four years or more. A Master of Management Studies or MMS, on the other hand, is a postgraduate degree designed for students who want to pursue careers in business management.
Q6. Is an MBA a waste of money?
Ans. A traditional MBA from a top tier university costs $200k. The ridiculous sticker price makes an MBA a waste of money. Employers used to fit the bill, but the trend is changing. Employee loyalty is down in the post-COVID era so it makes less sense for companies to pay six-figures for their staff’s education.
Q7. Which MBA course has highest salary?
Q8. Is there 100 percent placement after MBA?
Ans. Many MBA colleges give 100% placement opportunities. But, good packages are offered in the below mentioned colleges.
Q9. Is CAT important for MBA?
Ans. CAT is a gateway for admission to top-ranked MBA colleges. Colleges that accept CAT scores offer excellent placement opportunities. CAT evaluates candidates based on their knowledge, aptitude, and skills.
Q10. Is distance MBA beneficial?
Ans. Is Distance MBA valuable? Yes, the degree of distance MBA is a valuable degree and also approved by UGC-DEB. Is distance MBA worth it? Yes, a distance MBA is a valid degree that provides many job opportunities in the marketing industry.