Best MBA Colleges in Mumbai (All): Fees, Admission 2026, Courses, Salary, Ranking
Best MBA Colleges in Mumbai (All)
The Mumbai Metropolitan Region has over 180 MBA colleges. Across different budgets, you can look for the right one that offers decent to excellent placements. Whether you are looking for direct admission to MBA colleges across the surrounding region of Mumbai or the ideal specialisation at a low-fee management or multidisciplinary institute, slightly away from the downtown area, we have the list of all the best MBA colleges in Mumbai and its surrounding areas.
- MBA Colleges in Mumbai Metropolitan Region: Highlights
- Top MBA Colleges in Mumbai (All): NIRF Ranking 2025
- MBA Colleges in Mumbai (All): Eligibility for Admissions 2026
- MBA Colleges in Mumbai (All): Exam Schedule 2026
- 4.1 Best MBA Colleges Accepting MAH CET in Mumbai (All)
- Best Private MBA Colleges in Mumbai (All): Admission, Fees, Eligibility and Exams
- Best Gove
The Mumbai Metropolitan Region has over 180 MBA colleges. Across different budgets, you can look for the right one that offers decent to excellent placements. Whether you are looking for direct admission to MBA colleges across the surrounding region of Mumbai or the ideal specialisation at a low-fee management or multidisciplinary institute, slightly away from the downtown area, we have the list of all the best MBA colleges in Mumbai and its surrounding areas.
- MBA Colleges in Mumbai Metropolitan Region: Highlights
- Top MBA Colleges in Mumbai (All): NIRF Ranking 2025
- MBA Colleges in Mumbai (All): Eligibility for Admissions 2026
- MBA Colleges in Mumbai (All): Exam Schedule 2026
- 4.1 Best MBA Colleges Accepting MAH CET in Mumbai (All)
- Best Private MBA Colleges in Mumbai (All): Admission, Fees, Eligibility and Exams
- Best Government MBA Colleges in Mumbai (All): Admission, Fees, Eligibility and Exams
- MBA Colleges in Mumbai (All): Courses and Fees
- Best MBA Colleges in Mumbai (All): Fees vs Salary
- Compare MBA Colleges in Mumbai (All)
MBA Colleges in Mumbai Metropolitan Region: Highlights
Almost all MBA colleges in Mumbai and surrounding areas like Navi Mumbai and Andheri have something to offer for your career needs. Some of these institutes have excellent accreditations with moderate to high fees but international connects, good specialisations that are locally great for placements in media houses, finance centres, and tech-savvy startups. Before deciding, you might want to review the updated Shiksha list of MBA colleges in Mumbai and all parts that make up for the Greater Mumbai area.
| Particulars |
Details |
|---|---|
| No. of MBA Colleges in Mumbai Metropolitan Region |
180+ |
| Fee Structure of Majority MBA Colleges in Mumbai All |
~ INR 5 to 10 L Per Year |
| Top MBA Colleges |
Indian Institute of Management, S.P. Jain Institute of Management and Research, NMIMS, K J Somaiya Institute of Management, NMIMS School of Business Management, etc. |
| Top Specialisations |
|
| Accepted Entrance Exams |
MAH CET, CAT, CMAT, MAT, XAT, ATMA, etc. |
Note - This info is taken from the official website and can vary.
Predict your chances here: MBA College Predictor
Top MBA Colleges in Mumbai (All): NIRF Ranking 2025
The table below provides the NIRF rankings of the best Mumbai MBA colleges for the past 3 years. Offering a variety of management programmes, some of these, like Welingkar are considered to be among the top MMS colleges in Mumbai as well.
| College Name |
NIRF 2023 |
NIRF 2024 |
NIRF 2025 |
|---|---|---|---|
| 7 |
6 |
6 |
|
| 10 |
10 |
14 |
|
| 20 |
20 |
20 |
|
| SVKM's Narsee Monjee Institute of Management Studies Ranking |
21 |
21 |
24 |
| 45 |
63 |
65 |
|
| PRIN. L. N. Welingkar Institute of Management Development and Research (PGDM) Ranking |
73 |
84 |
75 |
Note - This info is taken from the official website and can vary.
Read More: MBA Courses
MBA Colleges in Mumbai (All): Eligibility for Admissions 2026
Here is the eligibility for MBA in Mumbai colleges:
- Students should have completed UG course with 45 to 50% marks.
- Pass entrance tests.
- Pass GD/PI rounds.
Note - This info is taken from the official website and can vary.
MBA Colleges in Mumbai (All): Exam Schedule 2026
Some of the most accepted entrance exams at MBA colleges in Mumbai and its surrounding areas are here..
| Exam Name |
Exam Schedule |
|---|---|
Note - This info is taken from the official website and can vary.
Best MBA Colleges Accepting MAH CET in Mumbai (All)
The table below shows the top MBA colleges in Mumbai (All) that accept MAH CET scores. Also listed are the total tuition fees.
| College Name | Average Course Fees |
|---|---|
| NMIMS, Mumbai | INR 10 Lakh |
| N.L. Dalmia Institute of Management Studies | INR 16.5 Lakh |
| ITM Business School, Navi Mumbai | INR 12.45 Lakh |
| DY Patil University School of Management | INR 9.5 Lakh- 10 Lakh |
| Vivekanand Business School (VBS) | INR 9.5 Lakh |
Note - This info is from the official website and can change
Best Private MBA Colleges in Mumbai (All): Admission, Fees, Eligibility and Exams
The table below provides some details about the top private MBA colleges in Mumbai, some of which are located across the city and the surrounding parts.
| College Name | Average Course Fees | Entrance Exam/Eligibility |
|---|---|---|
| INR 14.5 Lakh - INR 24 Lakh |
CAT, GMAT |
|
| INR 10 Lakh |
MAH CET, NMAT |
|
| INR 13.48 Lakh - INR 21.34 Lakh |
CAT, MAT, CUET, XAT, NMAT, CMAT, ATMA, PERA CET |
|
| INR 94,400 - INR 14 Lakh |
CAT, XAT, CMAT, ATMA |
|
| INR 13 Lakh- INR 25 Lakh |
MAH CET, NMAT |
|
| INR 12 Lakh |
MAT, XAT, CAT, NMAT, etc. |
Note - This info is taken from the official website and can vary.
Best Government MBA Colleges in Mumbai (All): Admission, Fees, Eligibility and Exams
The table below provides some details about the top government MBA colleges in Mumbai -
| College Name | Average Course Fees | Entrance Exam/Eligibility |
|---|---|---|
| Indian Institute of Management Mumbai Admission | INR 14 Lakh |
CAT |
| Shailesh J. Mehta School of Management, IIT Bombay Admission | INR 2.69 Lakh - INR 20 Lakh |
MAH CET, CAT, JEE Main, JEE Advanced |
Note - This info is taken from the official website and can vary.
MBA Colleges in Mumbai (All): Courses and Fees
The table below shows the various courses offered by the top MBA colleges in Mumbai (All). These are located in Navi Mumbai and Andheri areas. You might want to check the specialisations these offer and the fees.
| College Name | MBA Specialisations Offered | Average Course Fees |
|---|---|---|
| SBM NMIMS Mumbai | MBA in Business Analytics, MBA in Healthcare Management, MBA in Human Resources, etc. | INR 8 Lakh - INR 24 Lakh |
| SPJIMR Mumbai | PGDM in Business Management | INR 15 Lakh - INR 24 Lakh |
| NMIMS Mumbai | MBA in Business Analytics, MBA in Healthcare Management, MBA in Business Analytics, etc. | INR 10 Lakh |
| K J Somaiya Institute of Management | MBA in Healthcare Management, MBA in Sports Management, etc. | INR 17 Lakh |
| ITM Business School | MBA iConnect in Marketing, MBA iConnect in FinTech, MBA iConnect in Finance, etc. | INR 12 Lakh |
Note - This info is taken from the official website and can vary.
Best MBA Colleges in Mumbai (All): Fees vs Salary
Review the table below to compare the fees and avg. placement packages of the best MBA institutes in Mumbai.
| College Name | Average Course Fees | Average Placement Salary |
|---|---|---|
| SPJIMR MBA | INR 15 Lakh - INR 24 Lakh | INR 23 LPA - INR 31 LPA |
| Shailesh J. Mehta School of Management, IIT Bombay MBA | INR 2.69 Lakh - INR 20 Lakh | INR 26.64 LPA |
| BITS School of Management MBA | INR 24.5 Lakh | INR 23 LPA |
| SP Jain School of Global Management MBA | INR 19 Lakh - INR 39 Lakh | INR 19.52 LPA - INR 20 LPA |
| DY Patil University School of Management MBA | INR 10 Lakh | INR 5 LPA |
| SIES College of Management Studies MBA | INR 5 Lakh - INR 7 Lakh | INR 8 LPA |
| INR 13 Lakh - INR 25 Lakh |
INR 21 LPA |
Note - This info is taken from the official website and can vary.
Listed below is a comparison of the best MBA colleges in Mumbai:
- IIM Mumbai Comparison with Other Colleges
- S.P. Jain Institute of Management and Research Comparison with Other Colleges
- NMIMS, Mumbai Comparison with Other Colleges
- K J Somaiya Institute of Management Comparison with Other Colleges
- Prin. L. N. Welingkar Institute of Management Comparison with Other Colleges
Best MBA Colleges in Mumbai (All)
Commonly asked questions On Best MBA Colleges in Mumbai (All): Fees, Admission 2026, Courses, Salary, Ranking
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.
MBA is one of the most popular courses of Vijay Patil School of Management. When it comes to placements, the institute offers decent placements annually. The course-wise placement details are yet to be released. Meanwhile, check out the key highlights of Vijay Patil School of Management placements for the Class of 2022 and 2023 in the table below:
Particulars | Placement Statistics (2022) | Placement Statistics (2023) |
|---|---|---|
the highest package | INR 12 LPA | INR 18.5 LPA |
Average package | INR 6 LPA | INR 8 LPA |
Total recruiters | 42 | 20 |
Total student placed | 23 | 19 |
Total offers made | 23 | 19 |
Summer internships | 42 | 173 |
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.
Commonly asked questions On Best MBA Colleges in Mumbai (All): Fees, Admission 2026, Courses, Salary, Ranking
Pravin Dalal School, NMIMS Mumbai MBA tuition fee is INR 18 Lacs - INR 23 L. After final selection, candidates need to pay admission fee amount to confirm seats. It should be noted that the mentioned fee is as per the official website/ sanctioning body. It can be revised and hence, is indicative.
The scope of MBA course is increasing day by day. MBA is one of the big job oriented professional programme and the most one which has been sought by the students. Once you have completed your degree, you have a great job opportunity in the industrial world. You may the manager or executive in term of designation.
The management term is most suited to the managers and that's why it is the way, where you can reach on the top of the height as soon as possible by using your leadership and working proficiency. An MBA professional always plays a vital role in his/her company and this is why he used to keep in touch with the board of directors. No need to specify the companies who recruit the MBA professionals. All sectors including government and public have various industries, companies, institutions or related organizations, come in the job prospective fields for an MBA professional.
Some job profiles are listed here:
- Brand Manager
- Account Manager
- International Business Manager
- Marketing Executive
- Business Technical Consultant
All the best.
The fee structure for the MMS Course at AIMSR Mumbai (INR) -
• First year tuition: 2.45 lakh.
• 2023-25 batch fee: 121,586 + 16,414 development fees.
• Private college approved by AICTE.
• Established in 2011 by Mumbai University.
• TOI ranked AIMSR 42nd in 2021.
Yes, all candidates who manage to clear the MAT entrance exam are eligible to apply for PGDM courses at PBS. Admissions into PBS PGDM courses are entrance based where a candidate's performance in the appropriate entrance exam is used to decide their admissions. Candidates interested in PGDM courses at PBS can appear for any of MAT, CAT, ATMA, and several other entrance exams.
The candidate must be a graduate from a recognised university with minimum marks as per DTE Maharashtra's decision for admission to JDBIMS courses. The eligibility and selection processes for JDBIMS courses are outlined below.
| Courses | Eligibility & Selection |
|---|---|
PhD | Eligibility: Post Graduation in any discipline Selection: Personal Interview |
MMS | Eligibility: Graduation with 50% |
Commonly asked questions On Best MBA Colleges in Mumbai (All): Fees, Admission 2026, Courses, Salary, Ranking
The scope of MBA course is increasing day by day. MBA is one of the big job oriented professional programme and the most one which has been sought by the students. Once you have completed your degree, you have a great job opportunity in the industrial world. You may the manager or executive in term of designation.
The management term is most suited to the managers and that's why it is the way, where you can reach on the top of the height as soon as possible by using your leadership and working proficiency. An MBA professional always plays a vital role in his/her company and this is why he used to keep in touch with the board of directors. No need to specify the companies who recruit the MBA professionals. All sectors including government and public have various industries, companies, institutions or related organizations, come in the job prospective fields for an MBA professional.
Some job profiles are listed here:
- Brand Manager
- Account Manager
- International Business Manager
- Marketing Executive
- Business Technical Consultant
All the best.
DSGS PGDM courses 2 year courses that follow a trimester module. A trimester is 3 months long unlike a semester which is 6 months long. This means that there are 3 trimesters in each year of the DSGS PGDM unlikethe standard 2 semesters in 1 year. Candidates are advised to check the official website to learn the PGDM curriculum at DSGS.
For admission to MKES- Institute of Management Studies and Research MBA programme below entrance exam scores are accepted:
- CAT
- MAT
- ATMA
- XAT
- MHT CET
- GATE
Also, the institute conducts an entrance test for the eligible candidates.
Yes, MBA is a flagship course offered at Atharva Institute of Management Studies. The college's ROI is good and also the placements are good. The college is visited by top companies for placements such as Amul Ltd, HDFC Bank, ICICI Bank, and others. MBA students can become Managers, Team Leaders, or can go for various other job profiles.
Commonly asked questions On Best MBA Colleges in Mumbai (All): Fees, Admission 2026, Courses, Salary, Ranking
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.
MET AMDC offer entrance-based admission to its PGPMBA programmes. Candidates need a valid score of MET - MCT or other national level exams. After selection based on exam score, the candidated are called for group discussion and personal interview round.
ATLAS Skill University, ISDI MBA second semester curriculum is more focused on impactful and futuristic design solutions. The topics covered in the second half of the course are:
- Critical Thinking for a Better World
- Digital Ethnography
- AI and Design
- Financial Modeling, etc.
- Colleges in Mumbai (All)
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