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
Yes, the degree offered by institute of distance and open learning - University of Mumbai is valid, because it is reputable and government registered University. However, all Programs offered by the Institute are approved by Distance Education Bureau, University Grants Commission, New Delhi.
Yes SVKM's NMIMS Centre for International Studies (CIS) in Mumbai is considered a good, reputable institute particularly for its specialised international BBA program. In collaboration with Kingston University, London it offers BBA (International Business) which combines Indian & UK academic standards. It benefits from strong reputation of broader NMIMS brand.
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.
Yes, MET Institute of Management applications are open now. Interested students can apply online. The application form has to be submitted with documents and fees. Students can check the steps to apply at the official site of the institute.
Admissions to the International Master in Business course at SDA Bocconi Asia Center depends on entrance exam scores such as CAT/GMAT/GRE/NMAT (by GMAC) or the institute's Bocconi Test. Students are also judged on Personal Interviews, AI Interview, Extra-Curricular/Soft skills, Work experience (preferred) and academic background.
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
Documents required to be uploaded to appear for entrance test for admission to PG programme in Digital Media & Marketing Communication at School of Branding & Advertising, NMIMS Mumbai are:
- Copy of filled online application form
- Class 10 mark sheet & passing certificate
- Class 12 mark sheet and passing certificate
- Degree mark sheet & Degree certificate
The flagship programme offered at Vidyalankar School of Business, VSB is the MBA/PGDM. Every student at Vidyalankar School of Business, [VSB] Mumbai has the opportunity to strive for success by utilising the greatest resources available in terms of technology, industry engagement, and real-world, hands-on problem-solving internships. Executive management courses, postgraduate diplomas, and postgraduate certifications are available at Vidyalankar School of Business (VSB) in Mumbai. Retail management, business analytics, digital marketing, banking & financial management, marketing management, financial management, operations management, information systems, international business, human resource management, and supply chain management are among the specialisations offered for PGDM courses at VSB.
The admission process at Pravin Dalal School of Entrepreneurship and Family Business Management is based on entrance exam scores such as NMIMS NPAT for BBA. While MBA admissions require an institute level entrance along with Personal Interview rounds for final selections.
All courses at PDSE FBM requires students to have a minimum score of 50% in qualifying exams such as Class 10 and 12, or Graduation.
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
Niranjan Hiranandani School of Management and Real Estate offers placement assistance to the students. Students can check the NHSMRE placement statistics 2024 in the table provided below:
| Particulars | Statistics for recent year (2024) |
|---|---|
| Placement Rate/ Percentage | 80% |
| the highest package offered | INR 11 LPA (Fresher) |
| Average package offered | 5.5 L.P.A |
| Sector-wise offers | Marketing, Liaisoning, Project Management, Leasing |
Yes, Narsee Monjee College of Commerce and Economics in Mumbai has sports facilities for its students. The college encourages good sportsmanship and offers suitable facilities for indoor games. There is a spacious gymkhana with infrastructure and equipment for various sports and games. The college competes in games at all levels, from district to higher levels.
The administration at GNIMS Mumbai invests deeply into the future industrial careers of its students. To this degree, the institute conducts plenty of career-shaping workshops and events like up-skilling, resume building, corporate preparations, mock GD/PI, aptitude test, communication activities, industry analysis, personal SWOT analysis, and guest lectures by Industry Professionals.
As for the annual placement drives, more than 135 companies participate in screening talent for their top positions. The highest salary recorded at GNIMS Mumbai is INR 12.67 LPA.
BITS School of Management offers decent placements for its MBA course. The key highlights of BITS School of Management placements for the MBA Class of 2023 to 2025 are presented below:
Particulars | Placement Statistics (2023) | Placement Statistics (2024) | Placement Statistics (2025) |
|---|---|---|---|
Highest package | INR 50.10 LPA | INR 50 LPA | INR 32.5 LPA |
Average package | INR 23.85 LPA | INR 23.41 LPA | INR 21 LPA |
Top 10% students average package | INR 37.02 LPA | INR 31.88 LPA | INR 29.11 LPA |
Top 30% students average package | INR 30.42 INR | INR 28.86 INR | INR 27.45 LPA |
Top 50% students average package | INR 28.17 INR | INR 27.64 INR | INR 25.64 LPA |
Median package | INR 23 INR | INR 24 INR | INR 20.52 LPA |
Total students accepted PPOs | 37 | 41 | NA |
Yes, IISM offers admission to its UG and PG courses based on the scores of its in-house entrance exam. For admission to UG and PG courses in the Management stream, the college conducts Sports Management Admission Test (SMAT). Also, for admission to UG and PG courses in the stream of Science, the college conducts Sports Science Admission Test (SSAT).
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
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.
R.A. Podar College of Commerce and Economics offers various undergraduate, postgraduate, and doctoral level courses across multiple disciplines. Majority of the courses are further offered across different specialisations. The courses offered at R.A. Podar College of Commerce and Economics include:
- BBA
- BMS
- BCom
- BSc
- MCom
- MSc
- PhD
| Courses | Eligibility |
|---|---|
| B.Sc. | Candidates must have passed 10+2 from any recognised board are eligible to apply. |
| BBM/BMS | Candidate must have passed 10+2 or equivalent examination from a recognised school/board. |
| BBA | Candidates who have passed 10+2 from recognised board are eligible to apply. |
| B.M.M. | Candidate must have passed 10+2 or equivalent examination from a recognised school/board. |
| B.A. | Candidate must have passed 10+2 or equivalent examination from a recognised school/board. |
| B.Com | Candidate must have passed 10+2 or equivalent examination from a recognised school/board. |
| M.A. | Candidates must have Bachelor's degree from recognised institute are eligible to apply. |
| M.Sc. | Candidates must have passed Bachelor's degree with Science from recognised institute are eligible to apply. |
| MBA/PGDM | Candidates must have passed Bachelor's degree from recognised institute are eligible to apply. |
| MHMTT | Candidates must have passed Bachelor's degree from any recognised institute are eligible to apply. |
| M.Com | Candidates completed degree of Bachelor of Commerce (three years/Six Semester integrated course) or the degree B.Com. (Old Course) or the other Semester based Programmes i.e. Bachelor of Commerce (Banking & Insurance) or Bachelor of Commerce (Accounting & Finance) or Bachelor of Commerce (Financial Markets) or Bachelor of Management Studies (B.M.S.) from any recognised institute/university are eligible to apply. |
The Garware Institute of Career Education and Development (GICED) on the University of Mumbai sticks out for its commendable placement report, as suggested with the aid of assets like Shiksha. With a placement charge around 95%, GICED has constantly supplied promising profession possibilities for its students. The maximum package furnished in modern years, ranging among INR five LPA and INR 6 LPA, presents the institute's dedication to securing profitable placements for its graduates.
GICED has installed strong collaborations with outstanding businesses including JP Morgan, Deloitte, and JM Morgan Stanley, contributing to a various and enriching placement landscape. The institute's infrastructure, which includes well-organized libraries, laboratories, and sports activities sports centers, complements the overall gaining knowledge of and expert improvement experience for college kids.