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
Learning at Amity University Online is conducted through a student portal which offers 24/7 access to:
- Live lectures, recorded sessions, assignments, and quizzes.
- Assignments, quizzes, proctored examinations and other academic resources.
- Support from AI-Professor AMI
Mithibai College is a private college that is affiliated with Mumbai University. Below given are the reasons to choose Mithibai College:
- Good Ranking: The college is ranked 11 by the India Today 2025 under the BA category, and 14 under BCom category.
- Placement Opportunities: The college gives placements in companies like Deloitte, KPMG, JP Morgan, EY, Tresvista, ICICI Bank.
- Scholarship Options: The college give scholarships like Girls Free studentship, Primary Teachers Free studentship etc. for getting the fee reimbursed.
B.K. Birla College of Arts, Science and Commerce is not very costly. It is an autonomous college affiliated with the University of Mumbai. It is also an ISO 9001:2015 certified college. The fee for BSc is around INR 14.7K - 85.3 K. For BCom, the fee is around INR 14.7K - 85.3 K.
Business & Management Studies Applications open. Apply Now
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
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.
The eligibility criteria to apply for the PGDM Working Professional (WP) programme at N.L. Dalmia Institute of Management Studies is below:
- A minimum of 3-year duration Bachelor's Degree awarded by any of the Universities recognised by University Grants Commission (UGC) or Association of Indian Universities (AIU) in any discipline with at least 50% marks in aggregate or equivalent and after graduation a minimum of 1 year relevant managerial / supervisory experience.
- There is no entrance examination.
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.
No, students cannot get direct admission in Dr. Shantilal K Somaiya School of Commerce and Business Studies. Entrance exams are required for admission in the college. The selection criteria for admission is based on the scores in SVUET, MAH BBA CET, MAH BBM CET, etc.
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
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
St Xavier's College Mumbai is famous for its BA & BCom courses. All these courses are offered at the UG level for the duration of 3 years. BA programme is offered in fields like History, Psychology, Anthropology, Statistics, Sociology, Economics, Political Science, English, Hindi, French, etc. The St Xavier's College Mumbai course admissions for BA depends on Mumbai University Entrance exam scores or merit as well as personal interview rounds.
The placement cell of the college is highly active providing students with multiple internships & placement opportunities. After completing courses like BCom students can go in the fields of Accounting, Finance, Auditing, etc. Top recruiting companies like Deloitte, Accenture, E & Y, etc. come for the placements & offers several job opportunities to the students.
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.
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
Entrance exam conducted by BSEI is BIL-ET for undergraduate admissions.
However, for PG admission, MAT/XAT/BIL-ET/NMAT/CUET/CAT/GMAT/CET/ATMA/CMAT exams are accepted by the institute.
One has to meet the cutoff score released by the institute to get admission which is followed by a personal interview and an intelligence test.
SIMSTER (Sydenham Institute of Management Studies, Research, and Entrepreneurship Education) is a well-regarded management institute in India, located in Mumbai. It is affiliated with the University of Mumbai and has a solid reputation, particularly for its program in business management and finance. Here are you keep points that highlight is strengths:
1. Reputation and legacy:
SIMSREE is one of the oldest management institutes in India, having been established in 1983. It carries forward the legacy of Sydenham college Kama one of the oldest commerce colleges in India.
It is a highly respected comma, especially in the Mumbai region command attracts students who rank well in competitive exams like the CAT and MH CET.
Humanities as a stream provides a wide range of courses that can be studied after completing their 12th grade. Pursuing any of these degrees prepares you to understand the various levels of humanities and, as a result, carve out an appropriate job path. Candidates in the humanities can apply for positions in the government sector, such as banking firms, government ministries, legal firms, and political analysts.
Content Writer, Civil Services, Human Resource Manager, Defense Services, Lawyer, Journalist, Counsellor, and Therapist positions are available. As freshers, humanities graduates can expect to earn between INR 2-6 LPA.
IBS Mumbai offers commendable placements records. The institute has a dedicated placement cell which focuses on personality development, career counselling, internships, and a strong industry interface. The the highest and average package offered during IBS Mumbai placements 2024 stood at INR 20 LPA and INR 8.03 LPA, respectively.
Master of Management Studies is one of the best courses offered by Chetana’s Institute of Management and Research (CIMR). This programme aims at giving a substantial concept of the management subject matter, theoretical as well as practical. CIMR’s MMS curriculum comprises of different areas of specialisation through which students can choose the kind of education they need to meet their dream career. The opportunity for some exposure, internships, and placements granted by the Institute makes the MMS programme highly rated im, improving the chances of graduation in employments among the learner. Also, CIMR provides comforting academic climate, with known professors.