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:
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
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.
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.
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.
Admissions at IBS Mumbai are done through entrance examinations. Students need to first visit the college's official website and fill out an application form, and pay the application fee. They have to then sit for an either the IBSAT or other national level exams, such as CAT/ GMAT, XAT, NMAT, etc. Applicant are shortlisted for the final selection round on the basis of their performance in the entrance exam. The final round involves a micro-presentation and a PI. Students who clear all rounds should pay the course fee to secure their seat at this college.
Institute of Distance & Open Learning (IDOL) Distance & Open Learning is a distinct approach to impart education to learners who are removed in space and / or time from the teachers or the teaching institution on account of economic, social and consideration.
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
MET Institute of Management fee depends on the student category. The fee changes every year and is dependent on criteria established by the college. The below-mentioned is the fee details:
| Courses | Fees |
|---|---|
MMS | INR 4.41 lakh |
Ph.D. | INR 2.4 lakh |
If students find the fee high worry not, contact the admission office of MET Institute of Management & want assistance. Students must pay the fee in time to avoid the cancellation of admission or late fee submission charges.
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
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.
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
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 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.
Narsee Monjee College of Commerce & Economics tuition fee costs around INR 43,400 – INR 3.8 L. This fee is exclusive of other components such as examination fee, application fee, hostel fee, security deposit, etc. This fee is taken from the official website. It is subject to change. Hence, it is not very costly.
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 |
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.
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
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).
Though Pravin Dalal School of Entrepreneurship and Family Business Management features many UG, PG as well as Executive programmes their top programme is the MBA course which is the most popular and highly sought-after among students with heavy competition and limited seats. Students should prepare thoroughly if they wish for admission to the MBA course.
R.A. Podar College of Commerce and Economics has well-qualified faculty members who come from the best institutions around the world. R.A. Podar College of Commerce and Economics Lecturers and professors bring extensive industry and academic experience with international exposure, enriching your educational journey. The faculty members are well-qualified and experienced in their relevant areas of study.
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.