Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
597 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
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.
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.
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.
To get admission in Thakur College of Engineering and Technology for UG courses, the student should pass Class 12 in Science or commerce from a recognised board. To get admission in PG courses the applicant must complete graduation with a valid score in the relevant stream.
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.
MET Institute of Management offers PG and PhD courses to students. MET Institute of Management offers various courses in various specialisations such as MMS (181 seats) affiliated with the University of Mumbai and approved by the Directorate of Technical Education (DTE) and All India Council for Technical Education (AICTE). The college also provides PhD programmes to students.
The minimum eligibility for IBS Mumbai PGDM is graduation in any discipline with a minimum aggregate of 50% with the medium of study being English. Atleast of 15 years of education must be completed to be eligible. Moreover, the candidates in the last year of the degree programme are also eligible to apply.
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
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 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.
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
In order to be enrolled into one of GNIMS Mumbai's illustrious Management courses, candidates must make sure that they fulfil the prescribed eligibility criteria. Students looking to take admissions in MMS or MCA must achieve at least 50% in their graduate degrees.
Also, since admissions are entrance-score based, students must have valid scoring in any of the qualifying Management exams: MAH-MBA/MMS-CET)/CAT/MAT/ATMA/CMAT. Separate conditions exist for admissions into the diploma/certificate and the doctorate programs.
Atharva University conducts AU-AIET or Atharva University All India Entrance Test for admission in UG and PG courses. Aspirants can get admission in at Atharva School of Business based on their scores in AU-AIET. It is an online test which can be taken from anywhere. Selected candidates also need to pass a PI round.
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
While the Don Bosco Institute of Technology (DBIT) Mumbai is a well-known engineering institution particularly for its computer science, information technology and electronics departments it may not be the best in Mumbai. Institutions such as IIT Bombay, Veermata Jijabai Technological Institute (VJTI), and Sardar Patel Institute of Technology (SPIT) are often ranked higher because to their better reputation, facilities and greater research opportunities. However DBIT is a strong candidate in the Tier 2 category since it provides great academic quality practical experience and good placement prospects. Many pupils are also drawn to its holistic development approach and Jesuit educational beliefs.
VESIM - Vivekanand Education societies institute of Management studies & Research. This college is not such much expensive like other private colleges, the fees for courses is very little, about INR 50,000 per semester for MBA courses. The median salary of MBA graduates is INR 9 LPA. It has great RoI in comparison of their fees structure. So this college is not so expensive as it is suitable in Mumbai.
Faculty members at Narsee Monjee College of Commerce and Economics are outstanding and subject matter experts. They assist you in many ways, including course studies, speaking and counseling, and extra-curricular activities such as publishing a research paper.
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).
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 |
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
| 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. |
Atharva Institute of Management Studies has dedicated faculty members. The faculty are PhD, diploma, and degree holders. The faculty motivates students to work on their skills and knowledge. The faculty are renowned professionals. They try to increase the confidence level in students and make them job ready.