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 Mumba
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.
| Parameters |
Statistics |
|---|---|
| Total Number of Mumbai MMS Colleges |
30+ |
| Total Fees for MMS course in the Best Mumbai B-Schools |
~INR 3 to 8 Lakh |
| 5 Popular MMS Colleges in Mumbai |
|
| Common Specialisations at Mumbai MMS Colleges |
|
| Mumbai MMS Course Duration |
2 years, semester system |
| Accepted Entrance Exams |
|
| Seat Intake Across MMS Colleges in Mumbai |
~70 to 150+ |
| Accreditations |
NBA, AICTE, NAAC, DTE |
| Placement Rates in Best MMS Mumbai Colleges |
95 to 100 per cent |
| Packages after MMS Course from Best Mumbai Colleges |
~INR 8 - 10+ LPA |
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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- Kohinoor Business School: The Mumbai University-affiliated MMS programme here consists of a two-month internship towards the end of the course.
- 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.
- 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
- CMAT Schedule
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.
| Mumbai MMS College |
Total Tuition Fees Approximate |
Highest Placement Packages |
|---|---|---|
| ~INR 8 Lakh |
INR 55 LPA |
|
| ~INR 4 Lakh |
INR 13+ LPA |
|
| Prin.L.N.Welingkar Institute of Management Development & Research Admission |
~INR 8 Lakh |
INR 25 LPA |
| ~INR 8 Lakh |
INR 10+ LPA |
|
| ~INR 3 Lakh |
INR 12 LPA |
Note: All info. is from official sites and can change.
Best MMS Colleges in Mumbai - Course Fees, Admission 2026
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Commonly asked questions On Best MMS Colleges in Mumbai - Course Fees, Admission 2026
Hello!
Yes, there are more than 30 colleges in Mumbai where students can pursue the MMS course. These include 20+ private, 1 public-private, and 3 government colleges where students can study.
Some MMS courses in Mumbai are relatively more affordable than MBA programmes in the city. At Shiksha, you can find 10+ MMS colleges in Mumbai that cost INR 1 to 3 Lakh for tuition only. Around 2 institutes offer the same under INR 1 Lakh. See the most affordable options with good quality programmes.
| Affordable MMS Courses in Mumbai | Tuition Fee |
|---|---|
| SIMSREE MMS course | INR 69,000 |
| XIBMS MMS course | INR 45,000 |
| VIVA Institute of Management and Research MMS Course | INR 1.62 Lakh |
| Shivajirao S. Jondhle Institute of Management Science and Research MMS Course | INR 1.24 Lakh |
| S.A.V Acharya Institute of Management Studies MMS Course | INR 1 Lakh |
Note: All info. is from official sites and can change.
MMS is predominantly offered in the state of Maharashtra. The B-schools affiliated with the University of Maharashtra, or those enlisted under the Directorate of Technical Education (DTE) Maharashtra offer MMS. The main reasons for pursuing MMS from Maharashtra are:
- Mumbai is frequently regarded as India's commercial and financial hub. It has a thriving entrepreneurial scene in addition to a thriving corporate environment that is home to major international firms and financial institutions. As a result the city has a strong demand for managers and business professionals.
- Students who pursue an MMS in Mumbai may be able to find employment in a variety of fields including banking, consulting, media, entertainment and more. For MMS graduates, the city's dynamic economy offers a variety of job opportunities.
Read more about -
Eligibility for the Mumbai University MMS course is a bachelor's degree from any stream and a recognised university with at least 50% marks. Also, valid scores in MAH CET or other entrances are needed.
Note: All info. is from official sites and can change.
Commonly asked questions On Best MMS Colleges in Mumbai - Course Fees, Admission 2026
Students who wish to pursue MMS at Mumbai colleges do not necessarily have to possess work experience. Most colleges admit freshers. However, some colleges may give priority or preference to students with at least 2 years of experience.
There are many job opportunities that are available after completing the MMS programme. The most common and popular option is to take part in the placement process of their college and join one of the top league companies in functions or roles like Manager or Senior Executive in Finance, Operations, HR, Sales, and Marketing, or become a Management Consultant.
Students who want to be entrepreneurs can work in building their start ups or ventures. Those who belong to business families can join their family business and bring fresh ideas and strategies to ensure a consistent growth curve. Those with an academic bent of mind can pursue a career in research or teaching.
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Hope this helps!!!
The Master of Management Studies (MMS) is a two-year postgraduate study that contains four semesters. Individuals can explore the world of management through this course. In order to get admission to the MMS course, a student needs to fulfill at least the below-mentioned criteria:
- A candidate must have passed their graduation in any discipline.
- A candidate needs to have scored at least a 50 percent score in graduation.
- Reserved category students should have scored 45 percent marks.
I hope this helps!!!
Commonly asked questions On Best MMS Colleges in Mumbai - Course Fees, Admission 2026
According to the official report, the placement rate recorded during MMS placements over the past few years has been 100%. The average package recorded during JBIMS placements over the past two years is mentioned below:
Course | Average Package 2024 | Average Package 2025 |
|---|---|---|
MMS | INR 26.12 LPA | INR 26.48 LPA |
MSc Finance | INR 18 LPA | INR 18.3 LPA |
The highest and average package offered during JBIMS MMS placements 2022 stood at INR 42 LPA and INR 27.63 LPA, respectively. Further, more than 75 companies participated and 65 PPOs / PPIs were offered during Jamnalal Bajaj Institute of Management Studies MMS placements 2022. Click here to know more about the placements. In addition to this, as per the verified students' reviews on Shiksha, the college has a record of placing 100% of the students under MMS and companies, such as Reliance, Tata Motors, Tata Steel, Axis Bank, HDFC Bank, P&G, HUL, Maruti Suzuki and Vodafone visit the campus to hire the students. Hence, it seems a good decision to pursue this course from JBIMS.
Lala Lajpatrai Institute of Management is known for its good placements. For more information on placement packages and recruiters for the Lala Lajpatrai Institute of Management placements, refer to the table below:
Particulars | Placement Statistics (2022) | Placement Statistics (2023) | Placement Statistics (2024) |
|---|---|---|---|
the highest Package | INR 12 LPA | INR 12.65 LPA | INR 12.65 LPA |
Average Package | INR 4.83 LPA | INR 5.5 LPA | INR 6 LPA |
the lowest Package | INR 3.4 LPA | INR 4 LPA | INR 4 LPA |
Total Students | 248 | 246 | 240 |
Students Placed | 218 | 212 | 211 |