Best MMS Colleges in Mumbai - Course Fees, Admission 2026

Get job-ready from the best MMS colleges in Mumbai. These combine the best of practical and theoretical education in management and leadership, affordably with great infrastructure and strong placements. And the best ones, like JBIMS Mumbai and MET Institute of Management, are AICTE- and DTE-approved, affiliated with Mumbai University. 

At Shiksha, you can find more than 30 Mumbai MMS colleges. Below, we will help you determine which options are best for your education, budget, and career needs in this financial centre in India. 

Best MMS Colleges in Mumbai: Highlights 

The top MMS colleges in Mumbai feature the latest, industry-oriented programmes with updated curricula (as designed by Mumbai University) that appeal to recruiters in India and internationally. These B-schools in Mumbai generally have a total fee range, starting from around INR 3 Lakh, while specialisations, such as Finance, Marketing, and Operations are common due to the established industries for jobs in the city. Have a look at the table below for an overview.

Note: All information is cumulative and based on the latest available data from the official Mumbai MMS college websites and can change. 

Choosing from the Top 10 MMS Colleges in Mumbai in 2026 

An MMS or Master of Management Studies course is an acceptable alternative to an MBA programme. In Mumbai, MMS is quite popular, as it is comparatively low-cost and has strong career outcomes, which you can directly compare with the fees and placements of the best MBA colleges in Mumbai. 

Have a look at Shiksha’s 10 best MMS college list in Mumbai, and all of these have the updated syllabus as per guidelines from Mumbai University. 

1. JBIMS Mumbai: Among the top 20 B-Schools in Outlook-ICARE Rankings 2026, you have JBIMS offering a two-year MMS course.  Expect live workshops, guest lectures, and many more on-campus recruitment drives. 
2. MET Institute of Management in Mumbai: This one has the prestigious, globally-recognised NBA accreditation. It focuses on practical learning, with essential industrial visits to learn and apply the latest theoretical management principles into practice. 
3. SIES College of Management Studies: This management college has offered the Mumbai University-affiliated MMS course since 1995. The programme is holistic and quite characteristic of this institute to provide experiential learning, research projects, and social internships. 
4. Lala Lajpatrai Institute of Management (LLIM): LLIM has the most rigorous MMS course among most of the colleges in Mumbai offering the same. It’s a low-fee MMS programme with INR 3 Lakh of the total fees, and boasts international placements across the States, Canada, and Muscat in executive, associate, and managerial roles. 
5. GNIMS Mumbai: This is also an NBA-accredited MMS college in Mumbai. The best part about this one is that the strong industry connects students get exposed to. The placement rate, as per the official records, is 96 per cent here. 
6. Prin.L.N.Welingkar Institute of Management Development & Research: This Mumbai institute’s MMS programme blends strategic management with a strong focus on business ethics. As per the official site, the highest package for this was INR 25 LPA. 
7. Xaviers Institute of Business Management Studies: This institute continues to retain its legacy of high-quality management training with its MMS course. The curriculum is case-study based, taking pedagogy from Harvard, INSEAD, and many more top B Schools of the world. 
8. Kohinoor Business School: The Mumbai University-affiliated MMS programme here consists of a two-month internship towards the end of the course. 
9. Durgadevi Saraf Institute of Management Studies: The two-year programme in Master of Management Studies is great for anyone looking for a balance between affordability and hiring partners. The MMS college in Mumbai boasts, 300+ recruiters, a 99 per cent placement rate, and 10 LPA as its highest package. 
10. SFIMR: The programme from this MMS college in Mumbai might interest those who are looking for stepping into techno-managerial roles. The add-on programmes here include IoT, data visualisation, R programming, and similar. It brings international guest lectures, many of good repute and experience, which makes for the best exposure to high-quality learning and getting a global perspective in management education. 

Eligibility to Get into Top MMS Colleges in Mumbai in 2026

The eligibility for Mumbai MMS colleges follows similar guidelines, as the Directorate of Technical Education (DTE) of Maharashtra and Mumbai University standardise it.  

What’s required for Mumbai MMS College admissions?

• 50 per cent or more marks in a bachelor’s degree in any subject. Or an equivalent CGPA would do. 
• Valid score at MAH MBA CET, CAT, XAT, or similar (with 50 per cent marks in some). 

Besides meeting these basic criteria, you have to provide original documents, starting from higher secondary exams to bachelor’s degree certificates, along with official government identity certificates. Similar conditions also apply to some of the top-ranking MBA colleges in Mumbai. 

2026 Entrance Exam Schedules for MMS Colleges in Mumbai 

While the CAT 2025 exam is over, you should think about appearing for MAH MBA CET. Some MMS colleges in the city also accept other entrances that are upcoming in 2026. 

Do check the schedules below and prepare accordingly.

• MAH CET Schedule - Around April and May 2026
• XAT Schedule - Closer, around January 2026
• CMAT Schedule - Late January 2026

Note that after the MAH MBA CET, there will be the CAP counselling process as well. 

Mumbai MMS Colleges: Admissions Open for 2026 

You can click on the links to check for the Mumbai MMS college admissions with fees in this table. Also included are the recent placements with the highest packages available officially.