Best Colleges accepting NMAT Score in Mumbai (All)
There are a total of 20 top NMAT accepting MBA colleges in Mumbai (All). Among these, 17 colleges are privately owned and 1 college is owned by public/government organisations. NMAT is one of the important entrance exams accepted in top MBA colleges in Mumbai (All). NMIMS School of Business Management Mumbai, 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. are some of the popular NMAT accepting MBA colleges in Mumbai (All).
There are a total of 20 top NMAT accepting MBA colleges in Mumbai (All). Among these, 17 colleges are privately owned and 1 college is owned by public/government organisations. NMAT is one of the important entrance exams accepted in top MBA colleges in Mumbai (All). NMIMS School of Business Management Mumbai, 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. are some of the popular NMAT accepting MBA colleges in Mumbai (All).
Table of Contents
- Best MBA Colleges accepting NMAT Score in Mumbai (All): Highlights 2023
- How can I get admission to top MBA colleges accepting NMAT score in Mumbai (All)?
- What are the most popular entrance exams accepted by best MBA colleges in Mumbai (All)?
- What are the best MBA colleges accepting NMAT score in Mumbai (All)?
- What are the top private MBA colleges accepting NMAT score in Mumbai (All)?
- What are the top govt. MBA colleges accepting NMAT score in Mumbai (All)?
- What is the cost of best MBA colleges accepting NMAT score in Mumbai (All)?
- Top MBA Colleges Accepting NMAT Score in Mumbai (All): Comparison
Best MBA Colleges accepting NMAT Score in Mumbai (All): Highlights 2023
Master of Business Administration (MBA) is a postgraduate degree programme that provides advanced business and management training. The course will equip students with the knowledge and skills to succeed in leadership roles. MBA programs emphasise the development of an individual's analytical, critical thinking, and decision-making skills. MBA also helps students to communicate effectively and work effectively in teams.
The key highlights related to best MBA colleges in Mumbai (All) under NMAT score are mentioned below:
| Parameters |
Particulars/Statistics |
|---|---|
| No. of MBA Colleges |
20 |
| Annual Fees |
INR 2-3 lakh: 1 college INR 3-5 lakh: 4 colleges INR > 5 lakh: 14 colleges |
| Top Specialisations |
Finance, Human Resources, Sales and Marketing, International Business, etc |
| Accepted Entrance Exam |
Predict your chances here: MBA 2023 Cutoff Predictor
How can I get admission to top MBA colleges accepting NMAT score in Mumbai (All)?
The general eligibility criteria to get MBA admission in NMAT colleges in Mumbai (All) are listed below:
- Candidates should have a bachelor's degree or equivalent qualification in any discipline from a recognised university or institution with a minimum of 50% aggregate.
- MBA colleges in Mumbai (All) consider scores from national-level entrance exams such as NMAT. Candidates are required to meet the minimum cutoff scores set by the respective colleges.
What are the most popular entrance exams accepted by best MBA colleges in Mumbai (All)?
One of the popular entrance exams accepted by top NMAT colleges in Mumbai (All) are mentioned below:
- NMAT: NMAT or NMAT by GMAC is a national-level entrance test conducted for MBA admissions at NMIMS University and other reputed B-Schools in India as well as abroad. Narsee Monjee Institute of Management Studies conducted NMAT until GMAC took over the authority. NMAT is designed to keep the test-taker's convenience in mind. Candidates can choose the exam date and venue preference during the exam window using the NMAT scheduling option. NMAT shares some features with GMAT as candidates are allowed to choose the preferred date during a testing window as well as self-schedule the test, time and venue, and appointment date based on the availability of seats at the preferred test centre. The national-level entrance exam, NMAT, is conducted annually during the test window of specified days. NMAT by GMAC score is based on the performance of candidates in three sections, namely, Language Skills, Quantitative Skills and Logical Reasoning.
Listed below are the following admission dates for NMAT accepting MBA colleges in Mumbai (All) along with their schedule:
| Exam Name |
Schedule |
|---|---|
| NMAT 2023 Exam |
Also Read:
- Why NMAT by GMAC?
- Preparation tips for NMAT exam
- How to prepare for NMAT online
- Best books for NMAT preparation
Predict your NMAT score and admission chances with Shiksha College predictor: NMAT 2023 College Predictor
What are the best MBA colleges accepting NMAT score in Mumbai (All)?
Colleges are ranked each year by the National Institutional Ranking Framework (NIRF). The rating is determined by a number of factors, and it varies from year to year based on how well a college or university performs in areas like faculty, placements, and infrastructure.
The below table shows the NMAT colleges in Mumbai (All) that are ranked under NIRF from past three years, i.e. from 2021 to 2023:
| College Name |
NIRF 2021 |
NIRF 2022 |
NIRF 2023 |
|---|---|---|---|
| 22 |
25 |
21 |
|
| 56 |
71 |
45 |
READ MORE: MBA Courses
What are the top private MBA colleges accepting NMAT score in Mumbai (All)?
The following table presents a list of private NMAT accepting colleges in Mumbai (All) for admission, along with their respective total tuition fees.
| Private Colleges |
Total Tuition Fee |
|---|---|
| INR 8 lakh – INR 24 lakh |
|
| INR 10 lakh |
|
| INR 9 lakh |
|
| INR 12 lakh |
|
| INR 16 lakh |
|
| INR 12 lakh |
READ MORE: MBA Syllabus 2023
What are the top govt. MBA colleges accepting NMAT score in Mumbai (All)?
The following table presents a list of government NMAT accepting colleges in Mumbai (All) for admission, along with their respective total tuition fees.
| Public/Government Colleges |
Total Tuition Fee |
|---|---|
| INR 2 lakh – INR 7 lakh |
READ MORE: MBA Admission 2024
READ MORE:
What is the cost of best MBA colleges accepting NMAT score in Mumbai (All)?
Return on Investment (ROI) shows how much profit or benefit you get if you pursue a course from a particular college. It assesses the return of the fee invested by the candidate while studying and the return he/she gets in the form of placements.
Listed below are the top NMAT accepting colleges in Mumbai (All) along with their total tuition fee and annual average package:
| College Name |
Total Tuition Fee |
Annual Average Package |
|---|---|---|
| INR 8 lakh – INR 24 lakh |
INR 7 LPA |
|
| INR 10 lakh |
INR 19 LPA |
|
| INR 16 lakh |
INR 13 LPA |
|
| INR 12 lakh |
INR 6 LPA |
|
| INR 10 lakh |
INR 13 LPA |
|
| INR 2 lakh – INR 7 lakh |
INR 3 LPA – INR 4 LPA |
READ MORE: Career After MBA
Top MBA Colleges Accepting NMAT Score in Mumbai (All): Comparison
The table below shows the comparison of top NMAT accepting colleges in Mumbai (All):
Best Colleges accepting NMAT Score in Mumbai (All)
Commonly asked questions On 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:
College Name | NIRF 2021 | NIRF 2022 | NIRF 2023 |
|---|---|---|---|
22 | 25 | 21 | |
56 | 71 | 45 |
The table below shows the private top MBA colleges in Mumbai (All) that accept NMAT scores along with their total tuition fees:
Private Colleges | Total Tuition Fee |
|---|---|
INR 8 Lacs – INR 24 lakh | |
INR 10 lakh | |
INR 9 lakh | |
INR 12 lakh | |
INR 16 lakh | |
INR 12 lakh |
The minimum eligibility requirement for PGDM is graduation. Aspirants must hold the documents proving their eligibility for verification at later stages of admission. Below is detailed eligibility for SPJIMR PGDM programme:
- Candidates need to complete graduation with at least 50% aggregate for both PGDM courses.
- Final year graduation students can also apply.
During NMIMS placements 2024, 37% of the MBA Core students were placed through PPOs. A total of 168 companies participated in the placement process, including 72 new recruiters. The institute also witnessed the participation of 68 Fortune 500 recruiters. Check the complete insights of NMIMS MBA placements 2024 from the table below:
| Particulars | MBA Core Placement Statistics (2024) |
|---|---|
| Highest package | INR 67.70 LPA |
| Average package | INR 25.13 LPA |
| Top 10% package | INR 40.60 LPA |
| Top 20% package | INR 37.10 LPA |
| Top 30% package | INR 34.40 LPA |
| Top 40% package | INR 32.10 LPA |
| Batch placed through PPOs | 37% |
| Fortune 500 recruiters | 68 |
| Total recruiters | 168 |
| New recruiters | 72 |
Commonly asked questions On Best Colleges accepting NMAT Score in Mumbai (All)
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:
College Name | Total Tuition Fee |
|---|---|
INR 8 Lacs – INR 24 lakh | |
INR 10 lakh | |
INR 16 lakh | |
INR 12 lakh | |
NMIMS Deemed to be University - Navi Mumbai Campus Admission | INR 10 lakh |
INR 2 Lacs – INR 7 lakh |
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:
College Name | Total Tuition Fee | Annual Average Package |
|---|---|---|
INR 8 Lacs – INR 24 lakh | INR 7 LPA | |
INR 10 lakh | INR 19 LPA | |
INR 16 lakh | INR 13 LPA | |
INR 12 lakh | INR 6 LPA | |
INR 10 lakh | INR 13 LPA | |
INR 2 Lacs – INR 7 lakh | INR 3 LPA – INR 4 LPA |
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:
College Name | Total Tuition Fee | Annual Average Package |
|---|---|---|
INR 8 Lacs – INR 24 lakh | INR 7 LPA | |
INR 10 lakh | INR 19 LPA | |
INR 16 lakh | INR 13 LPA | |
INR 12 lakh | INR 6 LPA | |
INR 10 lakh | INR 13 LPA | |
INR 2 Lacs – INR 7 lakh | INR 3 LPA – INR 4 LPA |
Here is a table comprising government-affiliated NMAT-accepting colleges in Mumbai (All) for admissions, along with their corresponding total tuition fees:
Public/Government Colleges | Total Tuition Fee |
|---|---|
INR 2 Lacs – INR 7 lakh |
K J Somaiya Institute of Management (KJSIM) Financial Aid is awarded for the entire duration of the programme. Below is the list of scholarships eligibility categories by K J Somaiya Institute of Management (KJSIM):
- Family income of less than INR 8 Lacs per annum.
- People with Disabilities (PwD)
- Wards of defense personnel disabled or deceased in the line of duty.
Note: To become eligible for the scholarship. Candidate must fall under any one of the above-mentioned criteria.
Commonly asked questions On Best Colleges accepting NMAT Score in Mumbai (All)
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:
| Fee Range | Names of Colleges |
|---|---|
| INR 2-3 lakh | BSE Institute Limited Mumbai |
| INR 3-5 lakh | Pillai Institute of Management Studies and Research, BSE Institute Limited Mumbai, Pillai Business School, etc. |
| INR > 5 lakh | NMIMS School of Business Management, NMIMS Mumbai, ITM Business School, etc. |
Yes, the NMAT is easier than the CAT exam. This is due to the following reasons:
- There is no negative marking in the NMAT unlike one-third negative marking for wrong answers in the CAT.
- You can do guess marking in a last-minute rush and get three marks even if only one choice is right.
- 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.
- 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.
- 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.
- The competition in the NMAT is less than that in the CAT. As most MBA aspirants aim for IIM.
SBM NIMIMS offers good placements to its students. The sector-wise PPOs Distribution and On-Campus placement distribution recorded during MBA Core and MBA HR placements 2026 are presented below:
| MBA Core | Percentage of offers | PPO's | On Campus |
|---|---|---|---|
| Banking, Financial Services, and Insurance | 38% | 25% | 75% |
Startup, Logistics & E-commerce | 6% | 29% | 71% |
IT/Analytics, Pharmaceuticals, media & telecom, Real Estate | 20% | 8% | 92% |
Conglomerate, Manufacturing, power, oil & gas, Aviation | 13% | 38% | 62% |
FMCG, FMCD & | 12% | 46% | 54% |
Consulting | 11% | 34% | 66% |
| MBA HR | Percentage of offers | PPO's | On Campus |
| Banking, Financial Services, and Insurance | 37% | 21% | 79% |
Startup, Logistics & E-commerce | 8% | - | 100% |
IT/Analytics, Pharmaceuticals, media & telecom, Real Estate | 6% | - | 100% |
Conglomerate, Manufacturing, power, oil & gas, Aviation | 34% | 23% | 77% |
FMCG, FMCD & | 6% | 50% | 50% |
Consulting | 9% | 17% | 83% |
Yes, you may apply for NMIMS Navi Mumbai admission with 70% in Class 12 if you are fulfilling entrance exam requirements. For BBA and BSc, you will need 60% in Class 12 along with NPAT score. BTech requires 50% in PCM and NMIMS-CET score. Be sure to review course-specific requirements.
Commonly asked questions On Best Colleges accepting NMAT Score in Mumbai (All)
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.
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.
SP Jain School of Global Management
Course and Fees 2023 ;
1.Course : BBA ( 2 courses )
Total tution fees : 4.3 L - 30.4 L
Exams : SAT IndiaSPJET
2.Course: MBA/PGDM (4 courses)
Total tution fees : 13.2 L - 33.7 L
Exams : CATGMAT+1 More
3.Course : Executive MBA/PGDM (1 course)
Total tution fees: 10.6 L
Exams : GMATCAT+1 More
4.Course : B.Sc. (1 course)
Total tution fees: 32.2 L
Exams : JEE MainSAT India+1 More
5.Course : Certificate (24 courses)
Total tution fees: 52.6 K - 15 L
Graduation : 40 %
6.Course: B.A. (1 course)
Total tution fees : 30.4 L
Eligibility : 10+2 : 60 %
Exams : SAT IndiaSPJET
7.Course: MS (1 course)
Total tution fees: 32.5 L
8.Course : Ph.D. (1 course)
Total tution fees: 53.7 L
9.Course : Others UG (1 course)
Total tution fees: 34 L
Eligibility: 10+2 : 60 %
Exams : JEE MainSAT India+1 More
For more information please visit Shiksha Home page search for more details.
As of now, the VSM Mumbai PGDM application deadline has not been released. However, the admission for the academic year 2026 is currently ongoing. Interested applicants can visit the official website to apply for the desired course. It is essential for candidates to review the present eligibility criteria before applying. To avoid missing any deadlines, they should frequently visit the official website or contact the admission office for accurate details.
Atharva School of Business is a private institute that is approved by organizations like AICTE and gives good education to the students. Below given are the reasons to choose Atharva School of Business:
- Good Ranking: The institute is ranked 86 in the 'Management Institutes' category by Times 2023.
- Placement Opportunities: The institute has a placement cell and gives placement opportunities in companies like Naukri.com, Kotak Mahindra Bank, Reliance General Insurance, BNP Paribas, Credence Analytics (India) Pvt Ltd, Flamingo Communication etc..
- Scholarship Options: The institute also gives merit and need based scholarships to the students.
Commonly asked questions On Best Colleges accepting NMAT Score in Mumbai (All)
MBA is one of the top courses of ATLAS SkillTech University. Students pursuing MBA from the university are open to placement opportunities in the final year. Atlas SkillTech University has completed its placement drive for the class of 2022. As per the latest report, the the highest and average package offered to MBA students during the 2022 placement drive was INR 13 LPA and INR 9 LPA, respectively. The top recruiters included EY, Apple, Gucci, JP Morgan, Viacom 18, Vogue, Nykaa, Bosch, KPMG, HDFC Bank, Deloitte, Samsung, ICICI Bank, etc..
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.
You can choose MBA in Finance, FinTech, Marketing, Business Analytics, Entrepreneurship, Digital Marketing & Advertising, Investment Banking, and Design Management & Strategic Thinking. These options help in selecting MBA basis career interests and industry goals.
Some of the prominent recruiters who visited during the recent BSE Institute placements are listed in the table below:
BSE Institute Top Recruiters | ||
|---|---|---|
Analah Capital | Zee Business | ICCL |
Kotak Securities | Morning Star | Bank of India |
IIFL Securities | BSE | CDSL |
Arcon | KRG | ITI Gilts |
To finalise the MBA seats at SDA Bocconi Asia Center need to pay an application fee to fill out the form. SDA Bocconi Asia Center releases the application forms online. Candidates need to pay the below application fee via any of the online payment modes for registration:
| Course | Application Fee |
|---|---|
| IMB | INR 3,500 |
| IEMB | INR 4,000 |
Commonly asked questions On Best Colleges accepting NMAT Score in Mumbai (All)
No, NMAT is not compulsory to get admission into the PGPM course at Athena School of Management, because the school also accepts several other entrance examination scores for admission to this management course, such as NMAT/ GMAT/ CAT/ ASAT - Athena Scholastic Ability Test. Therefore, NMAT is one of the accepted entrance exams for admission to the PGPM course. However, it is not compulsory. Therefore, candidates with relevant scores in any of the following entrance exams can get admission to PGPM courses.
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.
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