148 MBA Colleges in Mumbai (All)
Mumbai has some of the most prominent MBA colleges, such as TISS, SJMSOM-IIT Mumbai, SPJIMR, NMIMS to name a few. Add to that, with a plethora of BFSI and Consulting brands operating out of Mumbai, placement and internship opportunities are many shades better as compared to that of MBA colleges in other cities.
How affordable is MBA from Mumbai?
More than half of MBA courses in Mumbai charge more than Rs 5 lakh annual fee. Another 22 percent are within the range of Rs 3 lakh to Rs 5 lakh annual fee (refer to the pie chart below for the detailed break up of MBA colleges with their fees). Mumbai is not one of the most affordable destinations for MBA.
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Top MBA Specialisations in Mumbai
Mumbai is the place to be for MBA aspirants looking to specialise in finance with 18 percent of its colleges offering programmes dedicated to this area of specialisation. Finance, followed by sales & marketing and finally, human resources management form the top three areas of specialization in the city. A detailed break-up of the top 20 MBA specialisations in Mumbai is given in the graph below.

Mumbai also offers, in addition to full-time MBA courses, many options for those who wish to pursue an MBA through correspondence, online or part-time mode. These flexi programmes have wide acceptance with the working population in the city, those who can pursue this in a blended model taking weekend classes with predominantly online course instruction.Â
|
Nature of MBA programme |
No of Colleges offering this programme |
|
Full Time |
134 |
|
Distance/Correspondence |
61 |
|
Part-Time |
45 |
|
Online |
28 |
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Which are the most popular MBA exams in Mumbai?
If you want to crack one of the best MBA colleges in Mumbai, you should be appearing for the Common Admission Test or CAT followed by both a Management Aptitude Test or MAT or a Xavier Aptitude Test (XAT). Roughly 16 per cent of the colleges accept CAT, 15 per cent accept XAT and 14 per cent accept MAT and CMAT each as their qualifying exams.
The other prominent MBA exams include ATMA, GMAT and MAH CET. Refer to the chart below for the complete list of MBA exams that can be taken for cracking an MBA college in Mumbai.Â

Find the entire list of colleges offering MBA in Mumbai with their fees, student review ratings, duration of programme and qualifying exam below. You can also find out about admission and placement details of all these MBA courses by clicking on the respective links given under the name of the course.
You may be interested in the following:
- Colleges in Mumbai (All)
- Colleges in India
- Top MBA Colleges in Mumbai (All) 2019
- Top Private MBA Colleges in India 2019
- Top IIMs in India 2019
- Top MBA Colleges in India 2019
- MBA Colleges accepting CAT in India
- MBA Colleges accepting MAT in India
- MBA Colleges accepting SNAP in India
- MBA Colleges accepting XAT in India