Best Colleges accepting NMAT Score in Mumbai (All)

Mumbai is home to 20 of the best MBA programs that accept NMAT (All). Of these, 1 college is owned by public or government entities, and the other 17 are privately held. One of the key entry tests that all of Mumbai's best MBA schools accept is the NMAT. Popular NMAT accepting MBA colleges in Mumbai (All) include NMIMS School of Business Management, NMIMS Mumbai, K J Somaiya Institute of Management, ICFAI Business School, Mumbai, ITM Business School, Navi Mumbai, SDA Bocconi Asia Center, Amity University, Mumbai, NMIMS Deemed to be University, BSE Institute Limited, etc.

The National Institutional Ranking Framework (NIRF) ranks colleges annually. A number of variables influence the ranking, which changes year depending on how well a college or university does in areas including faculty, placements, and infrastructure.

The NMAT colleges in Mumbai (All) that have been ranked by NIRF for the last three years, from 2021 to 2023, are displayed in the table below:

The table below shows the private top MBA colleges in Mumbai (All) that accept NMAT scores along with their total tuition fees:

Getting admission into SP Jain PGDM programme requires candidates to follow some steps.

• The first step is to register for the PGDM programme by paying an application fee of INR 2,000.
• Second step is evaluation of entrance exam score. Candidates need to qualify CAT/ GMAT for admission to PGDM. Selected candidates are further called for a personal interview round. Candidates can check out CAT preparation tips to score well in exam. 
• The final selection is based on academic performance, work experience, entrance exam score of the candidates.

Aspirants completing all the steps can get into PGDM programme of SPJIMR. The institute follows a simple process of offering admission. However, aspirants must score decent to get admission.

MBA is a two-year course consisting of four semesters. NMIMS Mumbai offers various Management courses including MBA, MBA in Human Resources, MBA in Law, etc. The total tuition fee for NMIMS Mumbai MBA range between INR 16 Lakh and INR 27 lakh. However the fee range could have changed, students can visit the college's official website for exact information related to fees for MBA.

Students can check the table below for some popular courses under MBA:

NMIMS School of Business Management has the highest total tuition fee ranging between INR 8 Lacs - INR 24 lakh, while BSE Institute Limited Mumbai has the lowest total tuition fee ranging between INR 2 Lacs – INR 7 lakh.

The best NMAT colleges in Mumbai (All) are included in the table below, along with the total cost of tuition for each:

Return on Investment (ROI) is a metric used to indicate how much money you will make or gain by attending a specific college. It evaluates the candidate's return on study fees and the return they receive in the form of job placements.

The best NMAT-accepting colleges in Mumbai (All) are listed below, along with information on their annual average package and total tuition:

Return on Investment (ROI) is a metric that quantifies the profitability or advantage derived from undertaking a course at a specific college. It evaluates the correlation between the fees invested by a student during their academic tenure and the subsequent returns in the form of placement opportunities.

The following are some of the leading colleges in Mumbai that accept NMAT scores, along with details on their total tuition fees and annual average packages:

As per the details available on the official website and the latest admission brochure, MBA admissions at KJ Somaiya Institute of Management (KJSIM) are completely based on the merit of students in their UG degree along with their performance in the national/ state/ university-level entrance exam. Similar is the case for MCA and PhD admission, students who meet the eligibility criteria of having completed their UG and PG degrees, respectively, with a valid score in national/ state/ university-level entrance exams can secure admission. However, students are advised to reach out to the admission office to confirm the same.

The following is a list of general requirements for admission to all NMAT colleges in Mumbai (All) for MBA programs:

• A bachelor's degree or its equivalent from an accredited university or other institution in any discipline is required of candidates, with a minimum cumulative GPA of 50%.
• All MBA schools in Mumbai take into account the results of national admission tests like the NMAT. It is necessary for candidates to achieve the minimum cutoff scores that each college has established.

The table below shows the estimated fee structure of top NMAT accepting MBA colleges in Mumbai (All) along with their number of colleges:

Yes, the NMAT is easier than the CAT exam. This is due to the following reasons:

1. There is no negative marking in the NMAT unlike one-third negative marking for wrong answers in the CAT.
2. You can do guess marking in a last-minute rush and get three marks even if only one choice is right.
3. NMAT allows you to schedule the order of sections during the test. This makes it easier to attempt the sections for which you are well prepared.
4. According to the updated pattern, the CAT has only 66 questions, compared to the NMAT's 108 questions, but the level of difficulty is higher.
5. The CAT is a concept-based exam where you need to understand each question, and therefore, you need accuracy as well as speed in this exam.
6. The competition in the NMAT is less than that in the CAT. As most MBA aspirants aim for IIM.

NMIMS SBM Mumbai is one of the top MBA institutes in the country. It has gotten good ranking by different ranking bodies. Tabulated below is the ranking bodies that have recognised and provided a rank to SVKM NMIMS in 2023 for its MBA programme:

NMIMS Navi Mumbai has yet to release its overall average package. However, it has released its school wise placement report for 2025. See the table below to know more about the average package recorded during NMIMS Navi Mumbai placements 2025:

ITM Navi Mumbai is a part of the ITM Group of Institutions and was established in 1991. ITM Business School offers the AIU and UGC-approved MBA programmes from ITM Skills University. To get admission to this approved college, candidates must have valid scores in entrance tests such as  MAT, XAT, CAT, NMAT, CMAT, ATMA, and others. If applying through CAT, candidates must prepare according to the CAT syllabus and must give as many mock tests as possible. 

MBA students are awarded with a scholarship based on CAT/ MAT percentile or GMAT/ GRE score. Details for the same are given in the table below:

Note: For all MBA Scholarship scores pertaining to 2023/ 2022/ 2021/ 2020/ 2019 are applicable.

Yes, it is possible to take admission to the IBS Mumbai PGPM programme without CAT. The institute accepts various other national-level test scores, including NMAT, XAT, and GMAT. Other than this, the institute also conducts an in-house entrance test, i.e., IBSAT. It is conducted once a year, generally in the month of December. Students willing to take the exam can visit the institute's official website to apply.

Yes, SDA Bocconi Asia Center provides a Women's Leadership Scholarship. The intention behind the scholarship is to support meritorious women candidates applying to the IMB programme. Selected students get a scholarship amount of INR 2 Lacs inclusive of GST which is applied to the tuition fee before the tuition waivers. 

The application for the MBA programme at Atlas Skilltech University is INR 1500. The total tuition fee for the course ranges between INR 11 Lakhs to INR 11.4 Lakhs depending on the specialisation of the MBA in which the student is interested. The college offers three specialisations in MBA. Apart from this, the student may also need to pay some additional charges like hostel fee, application fee, admission fee of INR 45,000, etc.

There are some factors based on which the PGDM seat intake of Valia School of Management is decided. Hence, there are 300 seats available for its PGDM courses at the institute. Candidates can find the following key points that affect the PGDM seat intake of Valia School of Management:

• Availability of Seats
• Number of students who applied
• Number of students shortlisted
• Performance in the accepted entrance exam

ATLAS SkillTech University MBA programmes are not offered strictly on a first-come-first-served basis. Seat allotment depends on merit, programme fit, and completion of the selection process. However, since seats are limited, applying early improves the chances of securing a seat in the preferred MBA specialisation.

PG courses offeres at BSE Institute, Mumbai include MMS and PG Diploma. These courses are offered in various specialisations. The BSE Institute PG fees range from INR 2.1 Lacs to INR 7.3 lakh. The exact amount depends on the choice of specialisation. Further, candidates may have to pay certain one-time charges in addition to the course fee. It must be noted that the mentioned fee is sourced from the official website of the institute/sanctioning body. It is still subject to change and hence, is indicative.

MBA placements at GNIMS are not bad at all. Approximately 80% of students were placed by the Institute and remaining 20% tried their luck of getting placed by their own individual efforts. The highest package offered was 13 LPA and the lowest package was around 3 LPA last year. Top companies like Seimens, Kotak  Mahindra,   HDFC, Motilal Oswal visited there last year. About 70 % students get internships and companies which offer internships are HDFC, Aditya Corporates, Shiksha.Com, Talent Corner.

Only five attempts in a year are permitted for taking GMAT exam. Also those who take the GMAT exam on a particular date but want to appear again, will have to wait for 16 days to re-appear. This rule applies for both GMAT's home testing and taking a test at the centre. Thus, applicants can take GMAT exam back to back every month, but they have to keep this in mind, that they will have to give 16 days break between testing dates and can appear for the exam only five times in a year. 

Aspirant are offered admission based on their entrance exam scores. Atharva School of Business accepts scores in CAT, CMAT, IPMAT, PERA CET, etc. for admission in specific courses. Selected candidates are called for a personal interview round for final selection. Hence, direct admission is not possible. 

Pearl Academy offer scholarships to encourage students. The Who's Next Scholarship provides the most innovative brains from India with up to 100% funding. Both undergraduate and graduate students are eligible to apply. To be considered for this scholarship, a student must have applied for admission to undergraduate and graduate programmes, taken the Pearl Academy entrance test, and met the requirements.

Candidate must have qualified for the Pearl Academy Entrance Exam. The aspirant must be a resident of India. Applicants will be offered the Scholarship based on their performance in the Pearl Entrance Exam which includes a Written Exam & Personal Interview.