Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
598 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:
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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
Vivekanand Business School provide significant support to students in terms of internships and placements to enhance their employability. The institute provides campus placement drive for the students. Also, the institute has strong relationships with industry professionals and companies.
During Vivekanand Business School placements, the the highest domestic package and the highest international package stood at INR 12 LPA and INR 21.42 LPA, respectively. Moreover, in 2023, the institute witnessed the participation of 145 new recruiters.
ADMI is a reputable management institute under the University of Mumbai. While it may not be the best in Mumbai compared to institutions like SP Jain or NMIMS, it holds a strong position for students looking for affordable, quality management education.
Sasmira's Institute of Management Studies & Research: MBA fees are Rs 1,65,000 per year.
SASMIRA's Institute of Design and Textiles: PG Diploma fees range from Rs 2.3 Lacs to Rs 8.4 lakhs.
SIMSREE: MMS fees are Rs1.34 Lacs for two years.
SASMIRA's Business School: MBA programme ranked 157 out of 281 in India in 2022.
Sasmira's Institute of Management Studies and Research: Offers PG and PhD courses.
MumbaiPvtCommonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
The salary package offered in IES Management College and Research Centre are:
- As per the latest reports, the IES MCRC the highest package offered to the 2021-23 batch was 10 LPA.
- In 2022, the highest package was the same.
The GNVS Institute of Management secured 98% placements. Check out the table for reference:
Particulars | Placement Statistics (2024) |
|---|---|
Placement Rate | 98% |
Yes. Scholarships are given for deserving UG -undergraduate/PG -postgraduate students based on inclusivity and merit requirement. MET PGDM Scholarship requirement may include recognition for high performance in entrance tests, strong academic records, sports excellence, or diversity-based considerations. Final decisions are taken by the college's Scholarship Committee.
Yes, Amity University Online offers financial assistance to students. The university offers a range of scholarships in 2026 to support and encourage students across various programs. The university offers meritorious, sports, PwD scholarship, scholarship to defence wards, etc.
Kalyan WestPvtVidya ViharPvtKurla WestPvtCommonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
B.K. Birla College of Arts, Science and Commerce offers multiple placement opportunities to the students. Top recruiting companies taking part in placements include CapGemini, ICICI Prudential, Wipro, IKS Healthcare, Bharat Serums and Vaccines, etc.
To get admission to various courses at S K Somaiya College, the candidates must have a minimum of 50% to 55% aggregate in Class 12 and in Graduation. Candidates willing to get admission to various undergraduate, postgraduate, PhD, certificate, and other courses must apply online on the official website of S K Somaiya College. Candidates must submit INR 500 towards registration of the undergraduate programme pre-admission form.
Yes, Dr. Shantilal K Somaiya School of Commerce and Business Studies offers scholarship. The scholarship is offered to support financial need of students. To get more information, students must visit the official website.
Yes, SP Jain School of Global Management offers Premium Learning Online Courses in the field of management. Also, most courses at SPJSGM Mumbai have options for distance or online course / learning with students able to avail the same benefits such as options to apply for post-study work visas.
ChurchgatePvtMahapalika MargPvtKandivali EastPvtCommonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
The selection process at Thakur Institute of Management Studies and Research is entrance-based. Entrance tests are required for admission in Thakur Institute of Management Studies and Research. Check below the accepted entrance exams:
For UG Courses
- CUET UG
- CET
For PG courses
- CAT
- MAT
- XAT
- CMAT
- ATMA
- GMAT
- CET
For PhD
- PhD Entrance Test
Jai Hind College in Mumbai is highly regarded as top tier institution known for its excellent reputation, high quality faculty & prime location near Churchgate. It is an autonomous institution & strong track record in arts, science & commerce particularly known for its vibrant campus life, extracurriculars & placements.
XIMR is certainly one of the good choices in Mumbai for management education, but it may not be the best compared to top-tier institutes like JBIMS, SPJIMR, and NMIMS. If you're aiming for the top management institutes in Mumbai, XIMR would be a solid option but may not be the first choice for those aiming for the highest industry recognition and placement packages.
