Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
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
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.
To assess the worth joining Business Management colleges in Mumbai, you should go through its ROI (Return on Investment). Listed below are some of the best business management 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 |
Hope this information proves beneficial for you!!
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 |
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 Lacs - INR 7 lakh |
| Amity University Mumbai Admission | INR 30,000 - INR 13 lakh |
Hope this answer your query!
Check below the course-wise fee offered at Welingkar Mumbai:
| Courses | Total tuition Fees (INR) |
|---|---|
PGDM | INR 1.7 lakh- 15 lakh |
Certificate | 11,8000 - 4 lakh |
MMS | 7.5 lakh |
Executive MBA /PGDM | 4 lakh - 7 lakh |
Note: This information is taken from official website/ sanctioning body and is subject to change.
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
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 for admission to BMS colleges in Mumbai:
Undergraduate Level (BBA):
- Completion of Class 12 or its equivalent from a recognised 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 recognised university.
- Students in their final year of graduation are also eligible to apply for entrance tests conducted for MBA admission.
Business management courses serve as valuable resources for individuals seeking managerial roles in their job search and those contemplating launching their own ventures. Depending on your career aspirations, you can explore a range of educational options in business management, spanning from undergraduate to graduate degrees. Numerous institutions offer both on-campus and online courses with diverse specializations to cater to students' interests and goals.
Business & Management Studies courses can be studied at Certificate, Diploma, PG Diploma, Undergraduate, Postgraduate, and PhD levels. If a student wish to take admission at undergruate level, then he/she can go for BBA, BMS, BBM, BBA LLB, Integrated MBA courses such as BBA+MBA and BTech+MBA programmes. These programmes will enhance managerial skills of candidates that will help in functioning of actual industries.
Hope this helps!!!
The 'best' course for business management totally depends on your career goals and interests. There are many different programs that are available in the field of business & management and the right choice for you may be totally different from someone else's, so choose wisely.
Some of the most popular options are mentioned below for your reference -
check out -
Business & Management Courses
Hope this helps!!!
Yes, KJ Somaiya Institute of Management is collaborated with various international industries, universities, and colleges. Below mentioned is a list of several KJ Somaiya Institute of Management (KJSIM) global partners in education:
KJ Somaiya Institute of Management Collaborations | ||
|---|---|---|
Saint Martin University, USA | DHBW, Stuttgart, Germany | New Jersey City University, USA |
UC Leuven Limburg, Belgium | THI, Ingolstadt, Germany | University of Technology of Troyes, France |
University of Applied Science, Krems, Austria | - | - |
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
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. |
Almost all business enterprises, non-profit organisations and government bodies hire Business Management graduates in various capacities. Some of the sectors that hire such graduates in large numbers include FMCG, IT, Banking and Finance, Consultancy and Manufacturing. Some of the top recruiters are:
| Top Recruiters | ||
|---|---|---|
| Godrej | Reliance | Amazon |
| Lifestyle | Myntra | IBM |
| Accenture | Wipro | KPMG |
No, Business Management courses don’t require Maths but in specialisations such as Finance, Taxation, Data Analytics, Data Science and Information Technology, knowledge of Maths at an advance level is necessary.
Due to its ability to optimise profit through the application of methods like manufacturing cost analysis, optimum pricing determination, sales pattern recognition, and future sales projection, mathematics plays a significant role in business management. A person with great mathematical skills can assess every aspect of a business's finances and suggest adjustments that will save it money and time.
Hope this helps!!!
SP Jain Institute of Management and Research was founded in 1981 and is a constituent of Bharati Vidya Bhavan. It is also approved by the AICTE and accredited by the Association of MBAs (AMBA), UK, NBA, and AACSB International. Students who want admission to the offered MBA course have to give the NMAT/XAT/MAT/ATMA/CAT/CMAT exam.
Commonly asked questions On Business & Management Studies Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements
A BMS course usually takes 3 years to finish.
The programme is broken down into 6 semesters with 2 semesters happening each year.
In some countries or under new college systems, like India's National Education Policy, it can sometimes stretch to 4 years if you choose to do a special research year. During this total time, you will study business topics, complete practical group projects and do company internships.
BMS is a popular 3-year UG college degree. It teaches you exactly how businesses work, grow and succeed.
Instead of just reading textbooks, you learn real-world corporate skills like leading teams, managing corporate money, selling products and solving company problems.
It is a great choice for students who want to become team leaders, start their own business or study for a MBA later in their career.
Eligibilty Criteria for BMS/ BBA in most of the universities is that a candidate should have passed 12th (10+2) examination from any recognised board with a minimum of 50% marks (45% for SC /ST students). Few universities may also have requirement of maths at 10+2 stage. You may refer to exact details on the website of targeted universities.
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.
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.
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.
Durgadevi Saraf Global Business School admissions 2025 are open online. Since the admission is open, candidates can apply. DSGBS offers PGDM and FMB courses. Candidates are selected based on entrance exam scores. To get admission at the Durgadevi Saraf Global Business School, candidates must meet the eligibility criteria set by the college. The application process is conducted online.
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.
Commonly 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
Final year students can apply for admission at Aditya School of Business Management provided they meet the aggregate requirement. Candidates must complete graduation in any discipline with a minimum of 50% aggregate (45% aggregate for SC/ ST) to apply for PGDM.
NMIMS SBM scholarships are offered as financial aid to the students by Mirae Asset Foundation. Ten need cum merit-based scholarships up to INR 30 Lacs are available for MBA students.
According to the official data, 1,000 students were placed across diverse sectors and more than 500 recruiters visited the campus during Amity University Online placements 2025.
| Particulars | Statistics (2025) |
|---|---|
| Students Placed | 1000 |
| Companies Visited | 500 |
| Total Job Opportunities | 3000 |