Best NMAT 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).
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 NMAT Colleges in Mumbai (All)
Commonly asked questions On Best NMAT Colleges 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.
The total tuition fee for NMIMS School of Business Management MBA ranges between INR 16 lakh and INR 27 lakh. Check below fee for some of the MBA specialisations:
| Course Name | Total Tuition Fee |
|---|---|
| General | INR 27 lakh |
| Pharmaceutical Management | INR 18 lakh |
| Human Resources | INR 25.5 lakh |
| Business Analytics | INR 23 lakh |
Commonly asked questions On Best NMAT Colleges 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 |
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:
| Course Name | Total Tuition Fee |
|---|---|
| Business Analytics | INR 23 lakh |
| Human Resources | INR 25.5 lakh |
Pharmaceutical Management | INR 18 lakh |
Commonly asked questions On Best NMAT Colleges 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.
Yes, you can apply for an MBA course at KJSIM without CAT scores. The institute accept other exam scores as well for admission. Candidates with a valid score of XAT/GMAT/NMAT/CMAT are also eligible to apply. Apart from this, aspirants must have a valid bachelor's degree from a recognised university to be eligible for course admission. The final selection is done based on shortlisted candidates performance in the group discussion and personal interview rounds.
Commonly asked questions On Best NMAT Colleges in Mumbai (All)
NMIMS Navi Mumbai offers integrated law programmes through NMIMS School of Law. The following courses are offered:
- BA LLB (Hons)
- BBA LLB (Hons)
The duration of these courses is 5 years.
Yes, there is scholarships for the MBA course at ITM Business School Navi Mumbai. The scholarship comprises a wide range of scholarships up to 100%. This scholarship is available for all MBA applicants. The basic criteria for application are mentioned below:
- The student must attend and clear the ITM Scholarship Entrance Test and CAPI (Case Analysis & Personal Interview) rounds
- A student who has completed the first and second year of graduation with an overall of 60%
- Any postgraduate or graduate who has an overall 60% in 10th, 12th, and graduation
The minimum eligibility for IBS Mumbai PGDM is graduation in any discipline with a minimum aggregate of 50% with the medium of study being English. Atleast of 15 years of education must be completed to be eligible. Moreover, the candidates in the last year of the degree programme are also eligible to apply.
The entrance exam accepted for admission to management programmes at SP Jain School of Global Management depends upon the specialisation and campus. Generally, the scores of the following entrance exams are accepted as valid: GMAT, GRE, CAT, MAT and SPJAT.
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 NMAT Colleges in Mumbai (All)
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.
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.
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 |
If selected, accept offer and complete all admission formalities before deadline which is mentioned in offer letter sent by Atlas SkillTech university. Make payment on time to confirm MBA seat.
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..
Commonly asked questions On Best NMAT Colleges in Mumbai (All)
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 |
The minimum eligibility requirement for PGPMBA at MET AMDC is having a UG degree in any discipline with a minimum 50% marks from a recognised university and proficiency in MS Office.
Note: Those who are appearing for the final year exams are also eligible to apply. Provided that they produce the degree or mark sheet on or before the due date.
The primary eligibility requirement to get admission into the PGPM/ MBA course at Athena School of Management is that applicants must complete their bachelor's degree with decent scores. Moreover, for the selection process, the school accepts relevant scores of GMAT/ NMAT by GMAC/ CAT. If candidates have not appeared in any of the mentioned entrance exam, they can In case an applicant has give the ASAT - Athena Scholastic Ability Test.
Atharva University provides UG, PG and Diploma programmes. The university offers various programmes through different schools. The university offers programmes such as BTech, BDes, BSc, BBA, MBA and others. These are offered in streams such as Engineering, Management, Design, and Science. Admission is entrance-based, followed by personal interview.
As per the latest report, Pearl Academy Mumbai recorded 99% placement rate in the academic year 2024-2025. The key highlights of the Pearl Academy Mumbai placements for the Class of 2025 are presented below:
Particulars | Placement Statistics (2025) |
|---|---|
Placement rate | 99% |
Highest package | INR 26 LPA |
Average package | INR 4.8 LPA |
Total recruiters | 700+ |
Total students placed | 56 |
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