Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
592 Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
There are 500+ best Business Management colleges in Mumbai. Among these, 297 are privately owned, 25 are owned by public/government organizations and public-private entities own 22 colleges. Students can secure admission based on their Class 12 scores, and many institutions also conduct admissions through entrance exams like CAT, XAT, MAH CET, etc. Some of the popular BMS colleges in Mumbai include NMIMS School of Business Management, SPJIMR Mumbai, NMIMS Mumbai, K J Somaiya Institute of Management, Welingkar Mumbai, Jamnalal Bajaj Institute of Management Studies, Amity University Mumbai, and many others.
There are 500+ best Business Management colleges in Mumbai. Among these, 297 are privately owned, 25 are owned by public/government organizations and public-private entities own 22 colleges. Students can secure admission based on their Class 12 scores, and many institutions also conduct admissions through entrance exams like CAT, XAT, MAH CET, etc. Some of the popular BMS colleges in Mumbai include NMIMS School of Business Management, SPJIMR Mumbai, NMIMS Mumbai, K J Somaiya Institute of Management, Welingkar Mumbai, Jamnalal Bajaj Institute of Management Studies, Amity University Mumbai, and many others.
Table of Contents
- Best Business Management Colleges in Mumbai: Highlights 2024
- Best Business Management Colleges in Mumbai: Eligibility Criteria
- Best BMS Colleges in Mumbai: Exam Schedule 2024
- Best Private Business Management Colleges in Mumbai
- Best Govt. Business Management Colleges in Mumbai
- ROI of Best Business Management Colleges in Mumbai
- Highest Salary Offered by Best Business Management Colleges in Mumbai
- Low-cost Business Management Colleges in Mumbai
- Top Specialisations Offered by Best Business Management Colleges in Mumbai
- Best BMS Colleges in Mumbai: Comparison
Best Business Management Colleges in Mumbai: Highlights 2024
Business & Management Studies is a course designed to learn the way a company or organisation operates and functions. Business & Management Studies is that branch of education which provides knowledge and training on planning, execution, supervision, and analysis of a business enterprise. Students who want to learn about the establishment of a company or an organisation and its different functional levels enroll in this course.
The key highlights related to best Business Management colleges in Mumbai are mentioned below:
| Particulars |
Parameters/Statistics |
|---|---|
| No. of Colleges |
500+ |
| Annual Fees |
INR < 1 lakh: 199 colleges INR 1-2 lakh: 103 colleges INR 2-3 lakh: 64 colleges INR 3-5 lakh: 63 colleges INR > 5 lakh: 108 colleges |
| Top Specialisations |
Finance, Sales & Marketing, Human Resources, IT & Systems, Operations, etc. |
| Accepted Entrance Exams |
Disclaimer: This information is sourced from the official website and may vary.
Best Business Management Colleges in Mumbai: Eligibility Criteria
The eligibility requirements for undertaking a course in Business & Management Studies vary across different levels. Students aspiring to pursue this course must fulfill the following criteria:
Undergraduate Level (BBA):
- Completion of Class 12 or its equivalent from a recognized board or university is mandatory.
- Aspirants in Class 11 are also eligible to apply for the entrance test conducted for BBA admission.
Postgraduate Level (MBA):
- A candidate must hold a graduate degree in any discipline or its equivalent from a recognized university.
- Students in their final year of graduation are also eligible to apply for entrance tests conducted for MBA admission.
Best BMS Colleges in Mumbai: Exam Schedule 2024
For admissions to BMS colleges in Mumbai, candidates must qualify for these exams and they are:
- MAH CET: Maharashtra Common Entrance Test or MAH CET is a management entrance test. Officially known as MAH MBA/MMS-CET, the exam is conducted by the State Common Entrance Test Cell, Maharashtra, for admission to management courses in various institutes in the state of Maharashtra.
- CAT: Common Admission Test or CAT is a national level management aptitude test which is conducted by the IIM for admission to the MBA courses offered by its 21 campuses and over 1,200 B-schools in India. NITIE Mumbai has been added to the cluster as IIM Mumbai. Over two lakh candidates apply for the CAT exam every year. In CAT 2023, the registration set a new record with 3.30 lakh applications.
Listed below are the following admission dates for the best Business Management colleges in Mumbai along with their schedule:
| Exam Name |
Dates |
Schedule |
Cut off Predictor |
|---|---|---|---|
| MAH CET 2024 Exam |
09 Mar '24 - 11 Mar '24 |
||
| CAT 2024 Exam |
Nov '24 |
||
| CMAT 2024 Exam |
May '24 |
||
| XAT 2024 Exam |
7 Jan ‘24 |
Best Private Business Management Colleges in Mumbai
The table below shows the private BMS colleges in Mumbai along with their total tuition fees:
| Private Colleges | Total Tuition Fee |
|---|---|
| SBM NMIMS Admission | INR 50,000 - INR 24 lakh |
| SPJIMR Admission | INR 95,000 - INR 24 lakh |
| K J Somaiya Institute of Management Admission | INR 17 lakh |
| Jamnalal Bajaj Institute of Management Studies Admission | INR 6 lakh - INR 7 lakh |
| Amity University Mumbai Admission | INR 30,000 - INR 13 lakh |
Disclaimer: This information is sourced from the official website/ sanctioning body and may vary.
Best Govt. Business Management Colleges in Mumbai
The table below shows the private BMS colleges in Mumbai along with their total tuition fees:
| Public/Government Colleges | Total Tuition Fee |
|---|---|
| TISS - Tata Institute of Social Sciences, Mumbai Admission | INR 46,000 - INR 7 lakh |
| Shailesh J. Mehta School of Management, IIT Bombay Admission | INR 96,000 - INR 42 lakh |
| Indian Institute of Management Mumbai Admission | INR 14 lakh |
| BSE Institute Limited, Mumbai Admission | INR 4 lakh - INR 7 lakh |
| SNDT College Admission Admission | INR 32,000 - INR 2 lakh |
Disclaimer: This information is sourced from the official website/ sanctioning body and may vary.
ROI of Best Business Management Colleges in Mumbai
Return on Investment (ROI) measures the advantage or profit you will receive from a certain course. Return on Investment (ROI) measures the profit or advantage you will receive if you enroll in a degree at a specific university. It evaluates the candidate's return on investment for the fees paid while they were studying and the return they received in the form of placements.
The table below shows the top BMS colleges in Mumbai along with their total tuition fees and average placement package:
| College Names | Total Tuition Fee | Average Placement Package |
|---|---|---|
| NMIMS School of Business Management, Mumbai | INR 50,000 - INR 24 lakh | INR 7 LPA - INR 19 LPA |
| SPJIMR | INR 95,000 - INR 24 lakh | INR 3 LPA - INR 32 LPA |
| NMIMS Mumbai | INR 10 lakh | INR 19 LPA |
| K J Somaiya Institute of Management | INR 17 lakh | INR 10 LPA |
| Jamnalal Bajaj Institute of Management Studies | INR 6 lakh - INR 7 lakh | INR 15 LPA - INR 28 LPA |
Disclaimer: The above statistics are based on the latest data.
Highest Salary Offered by Best Business Management Colleges in Mumbai
The table below shows the top BMS colleges in Mumbai along with their average placement package and the prominent recruiters:
| College Names | Average Placement Package | Top Recruiters |
|---|---|---|
| NMIMS School of Business Management Placements | INR 7 LPA - INR 19 LPA | KPMG, Infosys, Cognizant, EXL, ITC, etc. |
| S.P. Jain Institute of Management and Research Placements | INR 3 LPA - INR 32 LPA | Castrol, Godrej, Barclays, CISCO, KPMG, etc. |
| NMIMS Mumbai Placements | INR 19 LPA | Wells Fargo, Goldman Sachs, CRISIL, etc. |
| K J Somaiya Institute of Management Placements | INR 10 LPA | ITC, Amazon, HUL, Accenture, Dell, etc. |
| Jamnalal Bajaj Institute of Management Studies Placements | INR 15 LPA - INR 28 LPA | Accenture, Deloitte, KPMG, Asian Paints, etc. |
Disclaimer: This information is sourced from the official website/media reports/NIRF website and may vary.
Low-cost Business Management Colleges in Mumbai
It is estimated that joining Business Management colleges in Mumbai can be affordable as most of the colleges have their total tuition fees of less than INR 1 lakh. Listed below are some of the colleges along with their total tuition fees:
| Low-cost Colleges | Total Tuition Fee |
|---|---|
| NMIMS School of Business Management, Mumbai | INR 50,000 |
| SPJIMR | INR 95,000 |
| Welingkar Mumbai | INR 12,000 - INR 94,000 |
| Amity University Mumbai | INR 30,000 |
| SP Jain School of Global Management | INR 53,000 |
Disclaimer: This information is sourced from the official website.
Top Specialisations Offered by Best Business Management Colleges in Mumbai
Refer to the table below for a detailed overview of the top specializations offered by the best BMS colleges in Mumbai along with their number of colleges:
| Top Specialisations |
Number of Colleges |
|---|---|
| 172 |
|
| 157 |
|
| 131 |
|
| 82 |
|
| 70 |
Best BMS Colleges in Mumbai: Comparison
Listed below is the comparison of top Business Management colleges in Mumbai:
Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
There are 500+ best Business Management colleges in Mumbai. Among these, 297 are privately owned, 25 are owned by public/government organizations and public-private entities own 22 colleges. Students can secure admission based on their Class 12 scores, and many institutions also conduct admissions through entrance exams like CAT, XAT, MAH CET, etc. Some of the popular BMS colleges in Mumbai include NMIMS School of Business Management, SPJIMR Mumbai, NMIMS Mumbai, K J Somaiya Institute of Management, Welingkar Mumbai, Jamnalal Bajaj Institute of Management Studies, Amity University Mumbai, and many others.
To assess the worth joining Business Management colleges in Mumbai, you should go through its ROI (Return on Investment). Listed below are some of the best business management colleges in Mumbai along with their total tuition fees and average placement package:
| College Names | Total Tuition Fee | Average Placement Package |
|---|---|---|
| NMIMS School of Business Management, Mumbai | INR 50,000 - INR 24 lakh | INR 7 LPA - INR 19 LPA |
| SPJIMR | INR 95,000 - INR 24 lakh | INR 3 LPA - INR 32 LPA |
| NMIMS Mumbai | INR 10 lakh | INR 19 LPA |
| K J Somaiya Institute of Management | INR 17 lakh | INR 10 LPA |
| Jamnalal Bajaj Institute of Management Studies | INR 6 lakh - INR 7 lakh | INR 15 LPA - INR 28 LPA |
Hope this information proves beneficial for you!!
It is estimated that joining Business Management colleges in Mumbai can be affordable as most of the colleges have their total tuition fees of less than INR 1 lakh. Listed below are some of the colleges along with their total tuition fees:
| Low-cost Colleges | Total Tuition Fee |
|---|---|
| NMIMS School of Business Management, Mumbai | INR 50,000 |
| SPJIMR | INR 95,000 |
| Welingkar Mumbai | INR 12,000 - INR 94,000 |
| Amity University Mumbai | INR 30,000 |
| SP Jain School of Global Management | INR 53,000 |
The table below shows the private BMS colleges in Mumbai along with their total tuition fees:
| Private Colleges | Total Tuition Fee |
|---|---|
| SBM NMIMS Admission | INR 50,000 - INR 24 lakh |
| SPJIMR Admission | INR 95,000 - INR 24 lakh |
| K J Somaiya Institute of Management Admission | INR 17 lakh |
| Jamnalal Bajaj Institute of Management Studies Admission | INR 6 Lacs - INR 7 lakh |
| Amity University Mumbai Admission | INR 30,000 - INR 13 lakh |
Hope this answer your query!
IIT Bombay tuition fee costs around INR 21,300 - INR 14.9 L. The fee excludes other components including application fee, examination fee, security deposit, etc. The fee is taken from the official website. It is still subject to change. Candidates must check the official website before applying.
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
The eligibility requirements for undertaking a course in Business & Management Studies vary across different levels. Students aspiring to pursue this course must fulfill the following criteria for admission to BMS colleges in Mumbai:
Undergraduate Level (BBA):
- Completion of Class 12 or its equivalent from a recognised board or university is mandatory.
- Aspirants in Class 11 are also eligible to apply for the entrance test conducted for BBA admission.
Postgraduate Level (MBA):
- A candidate must hold a graduate degree in any discipline or its equivalent from a recognised university.
- Students in their final year of graduation are also eligible to apply for entrance tests conducted for MBA admission.
Business management courses serve as valuable resources for individuals seeking managerial roles in their job search and those contemplating launching their own ventures. Depending on your career aspirations, you can explore a range of educational options in business management, spanning from undergraduate to graduate degrees. Numerous institutions offer both on-campus and online courses with diverse specializations to cater to students' interests and goals.
Business & Management Studies courses can be studied at Certificate, Diploma, PG Diploma, Undergraduate, Postgraduate, and PhD levels. If a student wish to take admission at undergruate level, then he/she can go for BBA, BMS, BBM, BBA LLB, Integrated MBA courses such as BBA+MBA and BTech+MBA programmes. These programmes will enhance the managerial skills of the candidates that will help in the functioning of actual industries.
Hope this helps!!!
The 'best' course for business management totally depends on your career goals and interests. There are many different programs that are available in the field of business & management and the right choice for you may be totally different from someone else's, so choose wisely.
Some of the most popular options are mentioned below for your reference -
check out -
Business & Management Courses
Hope this helps!!!
Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay offers PG and doctoral-level programmes in the field of management. Here are some of the most opted courses at SJMSOM, IIT Bombay along with their eligibility and selection criteria.
Course | Eligibility & Selection Process |
|---|---|
MBA | Eligibility:
Selection: CAT score + Personal Interview (PI) round |
PhD | Eligibility:
Selection: UGC-JRF/UGC-NET/CSIR-JRF/CSIR-NET/GATE/CAT/GMAT/GRE |
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
The table below shows the top BMS colleges in Mumbai along with their average placement package and the prominent recruiters:
| College Names | Average Placement Package | Top Recruiters |
|---|---|---|
| NMIMS School of Business Management Placements | INR 7 LPA - INR 19 LPA | KPMG, Infosys, Cognizant, EXL, ITC, etc. |
| S.P. Jain Institute of Management and Research Placements | INR 3 LPA - INR 32 LPA | Castrol, Godrej, Barclays, CISCO, KPMG, etc. |
| NMIMS Mumbai Placements | INR 19 LPA | Wells Fargo, Goldman Sachs, CRISIL, etc. |
| K J Somaiya Institute of Management Placements | INR 10 LPA | ITC, Amazon, HUL, Accenture, Dell, etc. |
| Jamnalal Bajaj Institute of Management Studies Placements | INR 15 LPA - INR 28 LPA | Accenture, Deloitte, KPMG, Asian Paints, etc. |
Almost all business enterprises, non-profit organisations and government bodies hire Business Management graduates in various capacities. Some of the sectors that hire such graduates in large numbers include FMCG, IT, Banking and Finance, Consultancy and Manufacturing. Some of the top recruiters are:
| Top Recruiters | ||
|---|---|---|
| Godrej | Reliance | Amazon |
| Lifestyle | Myntra | IBM |
| Accenture | Wipro | KPMG |
No, Business Management courses don’t require Maths but in specialisations such as Finance, Taxation, Data Analytics, Data Science and Information Technology, knowledge of Maths at an advance level is necessary.
Due to its ability to optimise profit through the application of methods like manufacturing cost analysis, optimum pricing determination, sales pattern recognition, and future sales projection, mathematics plays a significant role in business management. A person with great mathematical skills can assess every aspect of a business's finances and suggest adjustments that will save it money and time.
Hope this helps!!!
Yes, SPJIMR have partnerships with Cornell University. This partnership has been developed to provide specially-curated multi-week programmes for students. The college has received Best International Immersion Award for its collaboration with various top ranked universities. The collaborations help the college to enhance the skills and knowledge of the students.
Business & Management Studies Applications open. Apply Now
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
Yes, BBA Digital Marketing has a fairly decent scope in India, given that you have a relevant portfolio and skills. You can aspire for job profiles like SEO/SEM Specialist, Social Media Manager, Content Strategist, Canva Artist, etc. Starting salary for freshers can range from INR 3 - 6 LPA. Some of the senior-level profiles can make roughly between INR 6 - 18 LPA. Salary tends to increase with experience.
You can take a look at the table below to learn about the number of colleges that offer online MBA in Digital Marketing from colleges in India at many different course fee ranges.
Average Course Fees Range | No. of Colleges |
|---|---|
Less than INR 1 Lakh | 6 colleges |
INR 1-2 Lakh | 7 colleges |
INR 2-3 Lakh | 4 colleges |
INR 3-5 Lakh | 1 college |
More than INR 5 Lakh | 2 colleges |
Source - Official site and may differ.
Yes, Most of the modern syllabus of BBA Marketing have Digital Marketing, SEO, Social Media Marketing, Google Ads, and E-commerce strategies as core or elective subjects. Many colleges also encourage students to get external certifications (like Google, HubSpot, Meta Blueprint).
The mode of application for ICT Mumbai admissions is mostly online for most courses. As students must apply through the exam portal then go through the counselling process which may be conducted online. Students must also pay any application fees and submit documents that may be required while applying for the exams.
Yes, Welingkar Mumbai has good placements. The students have got a decent package in the recent placements. Companies like Adani Group, Amazon, Morgan Stanley, ICICI Bank, Mahindra Group etc. hire students from the college.
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
No, candidates seeking admission to Narsee Monjee Institute of Management Studies must appear for the programme-specific entrance exams conducted by the NMIMS Mumbai. NMIMS Deemed-To-Be-University also accepts several national-level entrance tests for undergraduate, postgraduate, and PhD course admissions. The accepted entrance exams are NMAT, NMIMS CET, GPAT, NMIMS - NPAT, and others. Study the NPAT books to clear the NMIMS - NPAT exam. Check the previous year and current GPAT result to predict the probability of admission to various courses.
The course fees for the top programmes at TISS Mumbai are as follows:
- MA Human Resource Management & Labour Relations (HRM & LR): INR 1.85 Lakhs.
- Master of Hospital Administration (MHA): INR 1.45 Lakhs.
- MA in Social Entrepreneurship: INR 1.59 Lakhs.
- BSW: INR 2.09 Lakhs.
Students must pay these course fees in either lump sum, yearly or semester-wise mode of payment.
BDes highest and average stipend this year was INR 1.38 lakh and INR 36,115. For MBA Core, highest and aveage stipend in 2024 was INR 4 lakh and INR 1.84 lakh. For MBA HR, it was INR 3 lakh and INR 1.31 Lakh.
The University has released the summer internships statistics for MBA Tech batch 2024-26. Tabulated below are the key highlights of NMIMS summer internships:
| Particulars | Statistics (2026 batch) |
|---|---|
| Highest stipend | INR 1.2 lakh per month (MBA Tech) |
| Average stipend | INR 32,069 per month (MBA Tech) |
First and foremost, you could consider valuable insights concerning the whole admission process into the famed Jamnalal Bajaj Institute of Management Studies (JBIMS) via the CMAT score, as this institute admits students to the MBA programme only through this method. The process is as follows:
First of all, check into eligibility under JBIMS; eligibility in general for the institute would be a bachelor's degree in any discipline from a recognised university along with the minimum percentage as stipulated by the institute. Once you have verified your eligibility, register for the Common Management Admission Test (CMAT) under the aegis of the National Testing Agency (NTA).
After you take the CMAT and have your score, go back to the JBIMS official site and check out the latest admission notification for the specific year. Generally, it would declare the results along with the application procedure following the announcement of the CMAT exam results. For applying, visit their website and fill out the application form giving all the required documents for verification, including the CMAT scorecard.
Once completed submission of application, JBIMS shall proceed to the selection mechanism through shortlisting on the basis of CMAT score. In addition, some other criteria including performance in school, work experience, group discussions, and possible personal interview sessions may be held subsequently for shortlisted candidates.
Getting admission to SIMSREEn(Sydenham institute of management studies and entrepreneurship education) is quite competitive due to several factors. Here a breakdown of what makes it challenging:
- High cut-off: admission is SIMSREE is primary based on entrance exam such as MAH-CET,CAT,CMAT,and MAT.
- For MAH CET, students typically need to score in the 199 plus percentile to have a good chance of securing a seat cover especially if they are from the general category. For CAT and CMAT, similarly high scores are needed.
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
Yes, Anil Surendra Modi School of Commerce have good placement record. the highest package is 16 LPA and Average package is 8 LPA. Top recruiters are Futures first, Tristone, Zomato, FactSet, Metta, PWC, etc. Total 122 compaines are visted college campus for placements. 80% of students got interships and almost 85 percent students got placement every year. 40 percent companies are operations sector, 16 percent finance, 13 percent business Development, 13 percent education and 16 percent finance.
NL Dalmia is a renowned Managemnt institute which offers quality education to the students. The institute is accredited by the NBA (National Board of Accreditation). N. L. Dalmia Institute of Management Studies and Research is approved by AICTE. NL Dalmia Institute of Management Studies and Research is a member of AACSB, AIMA, AIMS, BMA, CII, EFMD, IMC, IFA and AMDISA. NL Dalmia is ranked 23 by The Times for 2024 for MBA/PGDM, 25 by the Outlook under the MBA/PGDM category. During, NL Dalmia placements, the the highest package stood at INR 25.5 LPA.
Yes Amity University in Mumbai offers direct admission. Students who have earned marks of more than 80% in class XII from CBSE, ISC, or State Board are eligible for direct admission. Student must complete Amity application and send in application money in order to apply for direct admission.
The courses which are famous in KC College Mumbai is
- B.VOC
- B.Sc
- BA
- BPA
- MA
- MSC
- BBA
- B.Com
- M.Com
These are some famous courses in KC College Mumbai. The highest package is like 4 LPA and median package is 3 LPA and the lowest package is like 2 LPA in KC College Mumbai.