Best MBA Colleges in Mumbai (All): Fees, Ranking, Admission 2025, Courses, Placements

There are 180 plus MBA colleges in Mumbai. Of these more than 130 colleges that are privately owned and 9 are government colleges. SPJIMR, NMIMS, K J Somaiya Institute, etc. are  of the best Mumbai MBA colleges.

Best MBA Colleges in Mumbai (All): Highlights 2025

Students can refer to the table below for some highlights about the MBA colleges in Mumbai -

Particulars	Details
No. of Colleges	180+ colleges
Annual Fees	Less than INR 1 Lakh: 3 colleges INR 1-2 Lakh: 15+ colleges INR 2-3 Lakh: 20+ colleges INR 3-5 Lakh: 20+ colleges More than INR 5 Lakh: 80+ colleges
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	Finance, Sales & Marketing, HR, etc.
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

Best MBA Colleges in Mumbai (All): NIRF Ranking 2025

The table below provides the NIRF rankings of the Mumbai MBA colleges for the past 3 years -

College Name	NIRF 2023	NIRF 2024	NIRF 2025
Indian Institute of Management, Mumbai Ranking	7	6	6
Indian Institute of Technology Bombay Ranking	10	10	14
S. P. Jain Institute of Management & Research Ranking	20	20	20
SVKM's Narsee Monjee Institute of Management Studies Ranking	21	21	24
K. J. Somaiya Institute of Management Ranking	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

Best MBA Colleges in Mumbai (All): Admissions 2025

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.

Best MBA Colleges in Mumbai (All): Exam Schedule 2025

Some of the most accepted entrance exams at MBA colleges in Mumbai are mentioned below.

Students can refer to the table provided below to know more about the dates, schedules and syllabus -

Exam Name	Exam Date	Exam Schedule	Exam Syllabus
MAH CET	April 2026 (Tentative)	MAH CET Schedule	MAH CET Syllabus
CAT	30 November 2025	CAT Schedule	CAT Syllabus
MAT	September 21, 2025 (PBT) September 28, 2025 (CBT)	MAT Schedule	MAT Syllabus
XAT	January 4, 2026	XAT Schedule	XAT Syllabus
CMAT	January 2026 (Tentative)	CMAT Schedule	CMAT Syllabus
ATMA	December, 2025	ATMA Schedule	ATMA Syllabus

Note - This info is taken from the official website and can vary.

Entrance Exams Accepted at MBA Colleges in Mumbai (All)

Students can refer to the table below for the number of colleges that offer an MBA in Mumbai. Students can also predict their colleges using the exam college predictors given here -

Exams	Number of Colleges	College Predictor
MAH CET	120+ colleges	MAH CET 2025 Predictor
CAT	90+ colleges	CAT 2025 Predictor
XAT	80 colleges	XAT 2025 Predictor
CMAT	70+ colleges	CMAT 2025 Predictor
MAT	70+ colleges	MAT 2025 Predictor
ATMA	60+ colleges	ATMA 2025 Predictor

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, along with their 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 taken from the official website and can vary.

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 -

College Name	Average Course Fees	Entrance Exam/Eligibility
S.P. Jain Institute of Management and Research Admission	INR 14.5 Lakh - INR 24 Lakh	CAT, GMAT
NMIMS Mumbai Admission	INR 10 Lakh	MAH CET, NMAT
K J Somaiya Institute of Management Admission	INR 13.48 Lakh - INR 21.34 Lakh	CAT, MAT, CUET, XAT, NMAT, CMAT, ATMA, PERA CET
Prin. L. N. Welingkar Institute of Management Admission	INR 94,400 - INR 14 Lakh	CAT, XAT, CMAT, ATMA
SBM NMIMS Admission	INR 13 Lakh- INR 25 Lakh	MAH CET, NMAT
ITM Business School Navi Mumbai Admission	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
Sasmira’s Institute of Management Studies Admission	INR 4.36 Lakh	CAT, MAT, XAT, MAH CET
BSE Institute Limited, Mumbai Admission	INR 2.11 Lakh - INR 7.29 Lakh	MAH CET, CAT, MAT, SNAP
Jankidevi Bajaj Institute of Management Studies JDBIMS Admission	INR 1.7 Lakh - INR 4.72 Lakh	MAH CET, CAT, MAT, XAT, ATMA

Note - This info is taken from the official website and can vary.

Best Semi-Government MBA Colleges in Mumbai (All): Admission, Fees, Eligibility and Exams

The table below provides some details about the top semi-government MBA colleges in Mumbai:

College Name	Average Course Fees	Entrance Exam/Eligibility
College Of Arts, Science, and Commerce Admission	--	Merit-Based

Note - This info is taken from the official website and can vary.

Best Distance MBA Colleges in Mumbai (All): Admission and Fees

Note - This info is taken from the official website and can vary.

Best Online MBA Colleges in Mumbai (All): Admission and Fees

There are more than 40 Online MBA colleges in Mumbai (All). Some of them are mentioned below, along with their tuition fees -

College Name	Average Course Fees
S.P. Jain Institute of Management and Research Admission	INR 10 Lakh
Prin. L. N. Welingkar Institute of Management Admission	INR 1.26 Lakh
IIBMS - Indian Institute of Business Management and Studies Admission	INR 42,800 - 60,800
UPES Online Admission	INR 1.75 Lakh - 2.2 Lakh
D.Y. Patil Deemed-to-be-University Online	INR 1.3 Lakh - 1.7 Lakh

Note - This info is taken from the official website and can vary.

Best MBA Colleges in Mumbai (All): Courses and Fees

The table below shows the various courses offered by the top MBA colleges in Mumbai (All) along with their total tuition fees -

College Name	Courses 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

Students can refer to 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
SBM NMIMS MBA	INR 13 Lakh - INR 25 Lakh	INR 21 LPA

Note - This info is taken from the official website and can vary.

Best MBA Colleges in Mumbai (All): Placement and Top Recruiters

The following is a list of some of the best Indian organisations that hire graduates from Mumbai's MBA colleges, along with the avg. placement packages at these top MBA colleges in Mumbai -

College Name	Average Placement Salary	Top Recruiters
DY Patil University School of Management Placements	INR 5 LPA	Sony, Capgemini, Jio, Adani Group, ICICI Bank, Pfizer, ONGC, etc.
SIES College of Management Studies Placements	INR 8 LPA	Microsoft, Google, TCS, Infosys, Apple, Tech Mahindra, etc.
SPJIMR Placements	INR 23 LPA - INR 31 LPA	TCS, Deloitte, Accenture Strategy, Mahindra, GMC, HUL, etc.
SBM NMIMS Placements	INR 21 LPA	Goldman Sachs, Pidilite, Marico, Dabur, Asian Paints, ITC, etc.

Note - This info is taken from the official website and can vary.

Cost of Studying at the Best MBA Colleges in Mumbai (All)

Students can learn more about the MBA fees at Mumbai colleges by analysing the table below -

Average Course Fees Range	No. of Colleges
Less than INR 1 Lakh	3 colleges
INR 1-2 Lakh	15+ colleges
INR 2-3 Lakh	20+ colleges
INR 3-5 Lakh	20+ colleges
More than INR 5 Lakh	80+ colleges

Note - This info is taken from the official website and can vary.

Best Low-cost MBA Colleges in Mumbai (All)

Joining the top MBA colleges in Mumbai can be affordable. Some of them are mentioned below, along with their tuition fees -

College Name	Average Course Fees
Welingkar Mumbai Fees	INR 94,000
Indian Institute of Materials Management Fees	INR 81,000
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

Note - This info is taken from the official website and can vary.

Also Read: MBA Preparation Tips

Best MBA Colleges in Mumbai (All): Top Specialisations

The table below provides information about the popular specialisations that are pursued by MBA students in Mumbai -

Top Specialisations	Number of Colleges
Finance	70+ colleges
Sales & Marketing	70+ colleges
Human Resources	60+ colleges
Operations	40+ colleges
IT & Systems	30+ colleges

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

Muskan Chugh09-05-2025 10:23