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.

To get admission to a two-year MBA course at NMIMS Mumbai, candidates must fulfil the minimum eligibility criteria in the first place to apply for the course. The minimum eligibility is to pass graudation with minimum 50% aggregate. As per the admission process, admission to MBA courses are offered through a valid score of NMAT entrance exam, which is conducted by the NMIMS. Moreover, a group discussion and a PI round is conducted for the final selection for candidates. 

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:

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. 

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:

MBA is one of the popular courses of Amity Mumbai. After completing MBA from Amity University Mumbai, students will be open to multiple job opportunities. The final placement report is yet to be released for the batch passing out in 2023. However, the university has released the NIRF report 2023 on its official website. According to the NIRF report 2023, 198 MBA students were placed during Amity University Mumbai placements 2022. Further, the median package offered to MBA students during Amity Mumbai placements 2022 was INR 6.50 LPA. The top recruiters of Amity University Mumbai during the past years included HCL, Airtel, TCS, Infosys, Amazon, Deloitte, Wipro, etc. 

Check other MBA Colleges in Mumbai

SDA Bocconi Asia Center admissions are currently open for all the courses including MBA . Aspirants can apply for the preferred programme online. Admission to SDA courses is primarily entrance-based. The center considers scores in CAT, NMAT, GRE, etc. for admission. The center also conducts a Bocconi Test to shortlist candidates for admission. SDA Bocconi admission Round-3 application deadline for IMB is Mar 21, 2025. 

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. 

ATLAS SkillTech University offer scholarship to meritorious students. As a part of the ATLAS Scholarship Program, scholarships will be awarded for four different categories. Check below the scholarship categories:

In the MBA programmes at ATLAS SkillTech University, specialisation-focused subjects are usually introduced after completion of the core management modules. This allows application of foundational concepts to domain-specific learning. Advanced electives and projects strengthen expertise in the chosen MBA specialisation.

BSE Institute Limited, Mumbai offers various UG and PG level courses. These courses include BSc, BCom, PG Diploma, MMS, etc. Candidates willing to secure a seat for one of these courses at the institute must start by ensuring that they are eligible as per the course-specific eligibility criteria prescribed by the institute. Eligible candidates can visit the insitute's official website or campus to obtain the application form and apply. The next step is to appear for an aptitude test, followed by an interview, both of which are condcuted by BSE Institute Limited. Seats are allocated based on the applicants' eligibility, performance in the selection rounds and seat availability.

The total fees for PGDM is INR 6.5 lakh at Valia School of Management. The fees includes admission fees of INR 50,000 and per year fees of INR 3 lakh. Aspirants must pay the fees in the mode accepted by the school. This fees is inclusive of all academic fees, study materials, library among all other academic facilities provided by the school.

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.

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.

As per the official record, Google offered the highest international package of INR 1.20 crore per annum during the 2022 placements. The second in the sequence was HYgraph with the highest package of INR 34 LPA. Take a look at the below table showcasing the top 5 companies and the highest package offered by them during ISDI placements 2022:

Pearl Academy offers MBA courses in two specialisations which are MBA, Global Luxury Brand Management and MBA, Fashion & Lifestyle Business Management. All of the MBA courses at pearl Academy have a duration of two years.

The admissions to all of these courses are entrance based, decided on the basis of the Pearl Academy's written examination.