Best MBA Colleges in Mumbai: Ranking, Fees, Admissions 2026, Courses, Placements
Best MBA Colleges in Mumbai: Ranking, Fees, Admissions 2026, Courses, Placements
There are approx. 150+ MBA colleges in Mumbai. This has 100+ private and 9 government MBA colleges in Mumbai. Admission to the top MBA colleges in Mumbai is most f the times based on the marks of entrance exams like MAH CET, CAT, XAT, MAT, CMAT, ATMA, etc. Indian Institute of Management, S.P. Jain Institute of Management and Research, NMIMS, K J Somaiya Institute of Management, Vivekanand Business School, Amity University, Chetana's Institute of Management and Research, etc are some of the best MBA colleges in Mumbai.
There are approx. . This includes 100+ private and 9 government MBA colleges in Mumbai. Admission to the is based on the scores of entrance exams like MAH CET, CAT, XAT, MAT, CMAT, ATMA, etc.are some of the best MBA colleges in Mumbai.
There are approx. 150+ MBA colleges in Mumbai. This has 100+ private and 9 government MBA colleges in Mumbai. Admission to the top MBA colleges in Mumbai is most f the times based on the marks of entrance exams like MAH CET, CAT, XAT, MAT, CMAT, ATMA, etc. Indian Institute of Management, S.P. Jain Institute of Management and Research, NMIMS, K J Somaiya Institute of Management, Vivekanand Business School, Amity University, Chetana's Institute of Management and Research, etc are some of the best MBA colleges in Mumbai.
There are approx. . This includes 100+ private and 9 government MBA colleges in Mumbai. Admission to the is based on the scores of entrance exams like MAH CET, CAT, XAT, MAT, CMAT, ATMA, etc.are some of the best MBA colleges in Mumbai.
- Best MBA Colleges in Mumbai: Details 2025
- Best MBA Colleges in Mumbai with NIRF Ranking 2024
- Best MBA Colleges in Mumbai: Admissions 2025
- Best MBA Colleges in Mumbai: Exam Schedule 2025
- 4.1 What are the entrance exams accepted by Top MBA Colleges in Mumbai?
- Best MBA Colleges Accepting MAH CET in Mumbai
- Best Private MBA Colleges in Mumbai: Fees, Admission, Seat Intake, Eligibility, Exams
- Best Government MBA Colleges in Mumbai: Fees, Admission, Seat Intake, Eligibility, Exams
- Region-wise MBA Colleges in Mumbai
- Distance MBA Colleges in Mumbai
- Online MBA Colleges in Mumbai
- Best MBA Colleges in Mumbai: Courses and Fees
- Best MBA Colleges in Mumbai: Fees vs Salary
- Highest Salary Offered by Best MBA Colleges in Mumbai
- Low-cost MBA Colleges in Mumbai
- Specialisations Offered by Best MBA Colleges in Mumbai
- Best MBA Colleges in Mumbai: Cutoff 2025
- Best MBA Colleges in Mumbai: Comparison 2025
Best MBA Colleges in Mumbai: Details 2025
A postgraduate degree curriculum called the Master of Business Administration (MBA) offers advanced management and business training. An MBA teaches students with the knowledge and skills required to be successful in leadership positions. An MBA programme provides a strong emphasis on helping students improve their analytical, critical-thinking, and decision-making abilities. Here are some key details about the top MBA colleges in Mumbai.
| Parameters |
Particulars/Statistics |
|---|---|
| Number of MBA Colleges |
150+ colleges |
| Annual Fees |
Less than INR 1 Lakh: 3 colleges INR 1-2 Lakh: 15 colleges INR 2-3 Lakh: 23 colleges INR 3-5 Lakh: 18 colleges More than INR 5 Lakh: 70+ colleges |
| Top MBA Colleges in Mumbai |
Indian Institute of Management, S.P. Jain Institute of Management and Research, NMIMS, K J Somaiya Institute of Management, Vivekanand Business School, Amity University, Chetana's Institute of Management and Research, etc. |
| Top Specialisations |
Finance, Human Resources, Sales and Marketing, International Business, etc. |
| Accepted Entrance Exams |
MAH CET, CAT, XAT, MAT, CMAT, ATMA, etc. |
Disclaimer: This information is taken from the official website and may vary.
Predict your chances here: MBA Cutoff 2025 Predictor
Best MBA Colleges in Mumbai with NIRF Ranking 2024
Students can learn more about the NIRF ranks of the top MBA colleges in Mumbai by using the table provided below. These ranks were published by the NIRF under the 'Management' category for the years 2022, 2023, and 2024.
| College Names |
NIRF 2022 |
NIRF 2023 |
NIRF 2024 |
|---|---|---|---|
| 9 |
7 |
6 | |
| 21 |
20 |
20 | |
| SVKM`s Narsee Monjee Institute of Management Studies Ranking |
25 |
21 |
21 |
| K J Somaiya Institute of Management Studies and Research Ranking |
71 |
45 |
63 |
| Principal L N Welingkar Institute of Management Development and Research Ranking |
68 |
73 |
84 |
Disclaimer: This information is sourced from the official website of the ranking body listed and may vary.
READ MORE: MBA Courses
Best MBA Colleges in Mumbai: Admissions 2025
MBA colleges in Mumbai have their own eligibility and selection criteria. However, the general requirements that are commonly expected are mentioned below:
- The candidates need to have completed their graduation in any discipline, or an equivalent, from a recognised university.
- The student should have completed their UG degree with at least a 45-50% aggregate score.
- The students should have passed any accepted Management examination.
- Most MBA colleges shortlist students based on their percentile and additional criteria like GD/PI rounds.
Disclaimer: This information is taken from the official website and may vary.
Best MBA Colleges in Mumbai: Exam Schedule 2025
Some important details about the dates, schedule, and syllabus of the entrance exams required for admission to the top MBA colleges in Mumbai are given in the table below:
| Exam Name |
Exam Date |
Exam Schedule |
Exam Syllabus |
|---|---|---|---|
| April 2026 (Tentative) |
|||
| 30 Nov 2025 (Tentative) |
|||
| May 31/June 8 |
|||
| January 2026 (Tentative) |
|||
| January 2026 (Tentative) |
|||
| June 1, 2025 |
Disclaimer: This information is taken from the official website and may vary.
What are the entrance exams accepted by Top MBA Colleges in Mumbai?
The table below shows the various entrance exams accepted by top MBA colleges in Mumbai along with their number of colleges:
| Entrance Exams |
Number of Colleges |
|---|---|
| MAH CET |
100+ |
| CAT |
75+ |
| CMAT |
60+ |
| XAT |
60+ |
| MAT |
60+ |
| ATMA |
50+ |
Also Read: What After MAH MBA CET Result 2025?
Also Read:
- List of colleges accepting MAH MBA CET score in India
- List of colleges accepting MAH MBA CET score in Mumbai
- List of colleges accepting MAH MBA CET score in Navi Mumbai
- List of colleges accepting MAH MBA CET score in Solapur
- List of colleges accepting MAH MBA CET score in Amravati
Best MBA Colleges Accepting MAH CET in Mumbai
The table below shows the top MBA colleges accepting MAH CET in Mumbai along with their total tuition fees:
| MBA Colleges | Total Tuition Fee |
|---|---|
| SBM NMIMS Mumbai | INR 8 lakh - INR 24 lakh |
| K J Somaiya Institute of Management | INR 17 lakh |
| MET Institute of Management | INR 3 lakh |
| Chetana's Institute of Management and Research | INR 7 lakh - INR 9 lakh |
| Universal AI University | INR 9 lakh - INR 16 lakh |
Disclaimer: This information is sourced from the official website.
Best Private MBA Colleges in Mumbai: Fees, Admission, Seat Intake, Eligibility, Exams
The top private MBA colleges in Mumbai are listed below, with their average course fees, entrance exams, and eligibility details.
| Private Colleges |
Total Tuition Fee/Seat Intake |
Exams/Eligibility Criteria |
|---|---|---|
| S.P. Jain Institute of Management and Research Mumbai Admission |
INR 14.5 lakh - INR 24 lakh |
CAT, GMAT |
| INR 10 lakh |
NMAT, MAH CET |
|
| INR 13.48 lakh - INR 21.34 lakh |
CAT, MAT, XAT, NMAT, CM |
|
| Prin. L. N. Welingkar Institute of Management Development and Research Mumbai Admission |
INR 94,400 - INR 14 lakh |
CAT, XAT, CMAT, ATMA |
| INR 13 lakh - INR 25 lakh |
NMAT, MAH CET |
Disclaimer: This information is sourced from the official website/ sanctioning body and may vary.
READ MORE: MBA Syllabus
Best Government MBA Colleges in Mumbai: Fees, Admission, Seat Intake, Eligibility, Exams
The top government MBA colleges in Mumbai are listed below, with their average course fees, entrance exams, and eligibility details.
| Public/Government Colleges |
Total Tuition Fee/Seat Intake |
Exams/Eligibility Criteria |
|---|---|---|
| INR 14 lakh |
CAT |
|
| INR 3 lakh – INR 20 lakh |
Exams: MAH CET, CAT |
|
| Sasmira's Institute of Management Studies and Research Admission |
INR 4.36 lakh |
CAT, MAT, XAT, MAH CET, etc. |
| INR 2 lakh – INR 7 lakh |
CAT, MAT, NMAT, etc. |
|
| Jankidevi Bajaj Institute of Management Studies Admission | INR 1.7 lakh - INR 4.72 lakh | MAH CET, CAT, MAT, NMAT, etc. |
Disclaimer: This information is sourced from the official website/ sanctioning body and may vary.
READ MORE: MBA Admission 2025
Region-wise MBA Colleges in Mumbai
The table below shows the region-wise distribution of MBA in Mumbai colleges along with their names and number of colleges:
| Regions |
Number/Names of Colleges |
|---|---|
| Pune |
255+ (National Institute of Bank Management, Symbiosis Institute of Business Management, Pune Institute of Business Management, etc.) |
| Nagpur |
65 (IIM Nagpur, IMT Nagpur, Datta Meghe Institute of Management Studies, etc.) |
| Nashik |
39 (Sandip Institute of Technology and Research Centre, MET League of Colleges, Bhujbal Knowledge City, Sandip University, etc.) |
| Ahmednagar |
25 (Sanjivani College of Engineering, Amrutvahini College of Engineering, Global Institute of Management, etc.) |
| Aurangabad |
22 (MGM Institute of Management and Research, Deogiri Institute of Engineering and Management, Dr. Babasaheb Ambedkar Marathwada University, etc.) |
To learn more about MBA colleges in different regions, click on the link given below:
- MBA Colleges in Pune
- MBA Colleges in Nagpur
- MBA Colleges in Nashik
- MBA Colleges in Maharashtra
- MBA Colleges in Ahmedabad
- MBA Colleges in Aurangabad
READ MORE: MBA Preparation Tips
Distance MBA Colleges in Mumbai
The top distance MBA colleges in Mumbai are listed below, with their average course fees details.
| College Names | Total Tuition Fee |
|---|---|
| Institute of Distance and Open Learning, University | INR 19,000 - INR 1 lakh |
| IIBMS | INR 41,000 - INR 51,000 |
| K. C. College of Management Studies | INR 8,000 |
| MIT School of Distance Education, Navi Mumbai | INR 37,000 - INR 68,000 |
| Mumbai College of Hotel Management and Catering Technology | INR 1 lakh |
Disclaimer: The above statistics are based on the latest data.
Online MBA Colleges in Mumbai
The top online MBA colleges in Mumbai are listed below, with their average course fees.
| Online MBA | Tuition Fee |
|---|---|
| SPJIMR Mumbai | INR 10 lakh |
| Welingkar Mumbai | INR 61,000 - INR 1 lakh |
| Amity University Online | INR 2 lakh - INR 3 lakh |
| Parul University Online | INR 90,000 |
| Online Manipal | INR 3 lakh - INR 6 lakh |
Disclaimer: The above statistics are based on the latest data.
Best MBA Colleges in Mumbai: Courses and Fees
The table below shows the various courses offered by the best MBA colleges in Mumbai along with their total tuition fees:
| College Names | Courses Offered | Total Tuition Fee |
|---|---|---|
| SBM NMIMS Mumbai | MBA in Business Analytics, MBA in Healthcare Management, MBA in HR, etc. | INR 8 lakh - INR 24 lakh |
| SPJIMR Mumbai | PGDM in Business Management | INR 15 lakh - INR 24 lakh |
| K J Somaiya Institute of Management | MBA in Healthcare Management, MBA in Sports Management, etc. | INR 17 lakh |
| MET Institute of Management | MMS | INR 3 lakh |
Disclaimer: The above statistics are based on the latest data.
Best MBA Colleges in Mumbai: Fees vs Salary
Return on Investment (ROI) measures the advantage or profit you will receive from a certain course. Return on Investment (ROI) measures the profit or advantage you will receive if you enroll in a degree at a specific university. It evaluates the candidate's return on investment for the fees paid while they were studying and the return they received in the form of placements.
The table below shows the MBA fees in Mumbai and annual average package:
| College Names |
Total Tuition Fee |
Annual Average Package |
|---|---|---|
| INR 15 lakh – INR 24 lakh |
INR 22.8 LPA – INR 31 LPA |
|
| INR 2.69 lakh - INR 20 lakh |
INR 26.64 LPA |
|
| INR 24.5 lakh |
INR 23 LPA |
|
| INR 19 lakh - INR 39 lakh |
INR 19.52 LPA - INR 20 LPA |
|
| Pravin Dalal School of Entrepreneurship and Family Business Management NMIMS Mumbai |
INR 16.5 lakh - INR 44 lakh |
INR 8 LPA - INR 20 LPA |
Disclaimer: The above statistics are based on the latest data.
Highest Salary Offered by Best MBA Colleges in Mumbai
Refer to the table below for a detailed overview of the top MBA colleges in Mumbai with their average placement package and the prominent recruiters:
| College Name |
Annual Average Package |
Top Recruiters |
|---|---|---|
| INR 7 LPA - INR 19 LPA |
KPMG, Infosys, Cognizant, EXL, ITC, etc. | |
| INR 28 LPA |
Amazon, ITC, EY, Flipkart, Microsoft, etc. | |
| INR 3 LPA – INR 32 LPA |
Castrol, Godrej, Barclays, CISCO, KPMG, etc. | |
| INR 8 LPA |
BigBasket, Tata Motor Finance, Federal Bank, HDFC Bank, etc. |
Disclaimer: This information is sourced from the official website/media reports/NIRF website and may vary.
READ MORE: Career After MBA
Low-cost MBA Colleges in Mumbai
It is estimated that joining MBA colleges in Mumbai can be expensive, but we have identified some affordable options with tuition fees of less than INR 1 lakh and between INR 1-2 lakh.
| Low-cost Colleges | Total Tuition Fee |
|---|---|
| Welingkar Mumbai Fees | INR 94,000 |
| National Institute of Management and Research Studies Fees | INR 1.5 lakh |
| Jankidevi Bajaj Institute of Management Studies Fees | INR 1.7 lakh |
| NAEMD Fees | INR 1.8 lakh |
| Indian Institute of Materials Management Fees | INR 81,000 |
Disclaimer: This information is sourced from the official website.
Specialisations Offered by Best MBA Colleges in Mumbai
The table below shows the top specializations offered by various MBA colleges in Mumbai along with their number of colleges:
| Top Specialisations | Number of Colleges |
|---|---|
| Finance | 60+ (SPJIMR Mumbai, KJ SOmaiya Institute of Management, SBM NMIMS Mumbai, etc.) |
| Sales & Marketing | 50+ (Universal AI University, N.L. Dalmia Institute of Management Studies and Research, Vivekanand Business School (VBS), etc.) |
| Human Resources | 40+ (K J Somaiya Institute of Management, Prin. L. N. Welingkar Institute of Management Development & Research, SBM NMIMS Mumbai, etc.) |
| Operations | 30+ (IIM Mumbai, SPJIMR Mumbai, SBM NMIMS Mumbai, etc.) |
| IT & Systems | 30+ (SPJIMR Mumbai, MET Institute of Management, Chetana's Institute of Management and Research, etc.) |
| Media Management | 4 (Whistling Woods International, K. C. College of Management Studies, Thadomal Shahani Centre for Management, etc.) |
Best MBA Colleges in Mumbai: Cutoff 2025
To know the cutoff for the top MBA colleges in Mumbai, click on the below link:
- NMIMS School of Business Management Cutoff
- IIM Mumbai (formerly known as NITIE) Cutoff
- SP Jain (SPJIMR) Cutoff
- K J Somaiya Institute of Management Cutoff
Best MBA Colleges in Mumbai: Comparison 2025
Listed below are the comparison of top MBA colleges in Mumbai:
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Best MBA Colleges in Mumbai: Ranking, Fees, Admissions 2026, Courses, Placements
Commonly asked questions On Best MBA Colleges in Mumbai: Ranking, Fees, Admissions 2026, Courses, Placements
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.
The Vidyalankar School of Business has a specific training and placement division. With each of the placement partners and corporates, the VSB placement team keeps up positive relationships and networking. In addition, the VSB placement cell continuously informs students on current market trends to help them get ready for job interviews. The Vidyalankar School of Business (VSB) has an excellent placement rate. The college's website states that the average pay package for the PGDM programme in 2022 was INR 4 LPA, while the highest compensation package was INR 10 LPA. Top recruiters for the programme in 2022 were Morgan Stanley, Accenture, Amul, Deloitte, ICICI Bank, and Aditya Birla Group.
Aspirants pursuing or having completed a minimum of three-year graduate programmes in any discipline with at least 50% aggregate from any university recognised by the Association of Indian Universities (AIU). Candidates applying for their final exams can also apply provided they maintain a minimum of 50% aggregate at the time of graduation as mentioned above. Additionally, students applying for their final exams should not have any live backlogs.
Commonly asked questions On Best MBA Colleges in Mumbai: Ranking, Fees, Admissions 2026, Courses, Placements
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.
The Indira Institute of Business Management IIBM offers placement opportunities to its MBA graduates. Students get attractive packages at IIBM MBA placement drives. There are so many top leading companies that keep visiting the campus of the institute and hiring MBA graduates. Some top recruiters of the institute are listed below:
- Tech Mahindra
- Kotak
- Bata
- ICICI
- Deloitte
- FIITJEE
- India Mart
- Paytm
- Outlook
- SBI Life
No, candidates who apply for BITSoM Mumbai MBA course cannot get direct admissions. To gain admission into MBA at BITSoM Mumbai, candidates must appear for one of CAT, GMAT, GMAT Focus or GRE.
If the candidate is selected, they will be called for the personal interview round.
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 |
Apply with a bachelor's degree in which you scored minimum 50% aggregate marks from recognised university. MBA is a full-time two-year programme that gives both academic knowlegde and practical exposure.
Goregaon EastPvtCommonly asked questions On Best MBA Colleges in Mumbai: Ranking, Fees, Admissions 2026, Courses, Placements
The key highlights of BSE Institute placements for the PGP-BF Class of 2021, 2022 and 2023 are tabulated below:
Particulars | Placement Statistics (2023) | Placement Statistics (2022) | Placement Statistics (2021) |
|---|---|---|---|
Placement Rate | 31% | 90% | 75% |
the highest package offered | INR 4.5LPA | INR 4.5 LPA | INR 5 .5LPA |
Average package offered | INR 4 LPA | INR 4 LPA | INR 5 LPA |
Total recruiters | 22 | 28 | 18 |
Total students placed | 5 | 28 | 12 |
Summer Internship Placements | 25 | 31 | 16 |
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.
For applying to MBA at Whistling Woods International, work experience is not mandatory for all applicants. Though, candidates with a Post Graduate Diploma from WWI or an equivalent qualification plus relevant work experience are also encouraged to apply. The admissions team values professional backgrounds as they add depth to classroom discussions. If you have worked in media before, it can certainly strengthen your application.
No, candidates cannot get direct admissions into the PGDM course offered by SVIMS Business School. To qualify for PGDM admissions, candidates must appear for one of the state/national level MBA entrance exams.
Selection of candidates will be based on the scores obtained in one of these entrance exams.
Commonly asked questions On Best MBA Colleges in Mumbai: Ranking, Fees, Admissions 2026, Courses, Placements
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.
Aditya Institute of Management Studies and Research (AIMSR) is considered a Tier 1 College. It is a private institute accredited with ISO Certification 9001:2015 and offers UG, PG, and PhD level courses. MMS, BMS, MCA, etc., are a few of the full-time courses offered by the institute. The programmes is approved by the All India Council for Technical Education (AICTE). The AISMR programme has an affiliation with the University of Mumbai and is approved by the Directorate of Technical Education (DTE), Government of Maharashtra.
Thakur Global Business School PGDM programme has annual fees of INR 5.5 Lakhs for the minimum two-year programme. As such the total tuition fee of the programme is INR 11 lakhs.
This fee may be higher if the student decides to avail hostel accomodations. If candidate has not availed the hostel accomodation they do not have to pay the additional cost.
- Colleges in Mumbai
- Colleges in India
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- Top MBA Colleges in Mumbai 2026
- Top MBA Colleges in Maharashtra 2026
- Top Private MBA Colleges in India 2026
- Top IIMs in India 2026
- Top MBA Colleges in India 2026
- MBA Colleges accepting CAT in India
- MBA Colleges accepting MAT in India
- MBA Colleges accepting SNAP in India
- MBA Colleges accepting XAT in India
