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

There are about 180+ best MBA colleges in Mumbai. This includes 130+ colleges that are privately owned, and 9 that are owned by public/government organisations in Mumbai. Some of the most accepted entrance exams in the best MBA colleges in Mumbai are MAH CET, CAT, CMAT, MAT, XAT, ATMA, etc. Some of the top MBA colleges in Mumbai are the 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.

Latest Updates:

• The CAT 2025 notification for admission to MBA/PGDM courses has been released. The CAT 2025 registration and application process will be conducted from August 1 to September 13, 2025. The CAT exam is scheduled to be held on November 30, 2025.

• The ATMA result 2025 for the July session exam has been declared for admission to MBA/PGDM and MMS courses.

• The MAT September 2025 registration process is now open for both PBT and CBT modes. The last date to register for PBT is Sep 15, 2025, and for CBT is Sep 22, 2025. Furthermore, the MAT 2025 PBT and CBT exams will be held on Sep 21, 2025, and Sep 28, 2025, respectively.
• The IBSAT 2025 applications are open for admission to MBA/PGPM courses, and the last date to apply is the 3^rdweek of Dec 2025. Furthermore, the IBSAT 2025 test will be held on December 27 and December 28, 2025.
• The XAT registration process 2026 is now open for MBA/PGDM courses. The last date to register is Dec 5, 2025. Furthermore, the XAT 2026 exam will be held on January 4, 2026.
• NMAT 2025 registration has started for admission to MBA/PGDM courses for the academic session 2026-28. Candidates can register until Oct 10, 2025. Furthermore, the NMAT 2025 exam window will be open from November 5 to December 19, 2025.
• The SNAP 2025 application process is now open for admission to MBA/PGDM courses, and the last date to apply is November 20, 2025. Furthermore, the SNAP Test 2025 will be conducted on December 6, 14, and 20, 2025.

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.

Disclaimer: This information is sourced from the official website and may 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 from 2023 to 2025:

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

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 (All): 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 must have completed their graduation in any discipline, or an equivalent, from a recognised university. Final year students are also eligible to apply in most cases.
• 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 sourced from the official website and may 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 of the popular Management entrance examinations.

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

Disclaimer: This information is sourced from the official website and may vary.

Read more about the MAH CET entrance exam:

• MAH MBA CET 2025 Syllabus 2025
• MAH MBA CET Exam Pattern 2025

Read more about entrance exams accepting colleges:

• Top MBA Colleges Accepting CAT
• Top MBA Colleges Accepting TANCET MBA
• Top MBA Colleges Accepting XAT
• Top MBA Colleges Accepting MAT

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 provided below:

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

Disclaimer: This information is sourced from the official website and may vary.

Read More:

• Download CAT Previous Year Question Papers
• Free Online CAT Mock Test Series
• Free Online CMAT Mock Test Series
• Free Online MAT Mock Test Series

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

Disclaimer: This information is sourced from the official website and may 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.

Disclaimer: This information is sourced from the official website and may 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

Disclaimer: This information is sourced from the official website and may 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

Disclaimer: This information is sourced from the official website and may vary.

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

Disclaimer: This information is sourced from the official website and may vary.

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

There are about 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

Disclaimer: This information is sourced from the official website and may 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

Disclaimer: This information is sourced from the official website and may vary.

Read More:

• Best MBA Colleges in Pune
• Best MBA Colleges in Maharashtra
• Best MBA Colleges in Kolkata
• Best MBA Colleges in Bangalore
• Best MBA Colleges in Nashik
• Best MBA Colleges in Nagpur

Best MBA Colleges in Mumbai (All): Fees vs Salary

Students can refer to the table below to compare the fees and average 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

Disclaimer: This information is sourced from the official website and may 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 average 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.

Disclaimer: This information is sourced from the official website and may 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

Disclaimer: This information is sourced from the official website and may vary.

Best Low-cost MBA Colleges in Mumbai (All)

It is estimated that joining the top MBA colleges in Mumbai can be affordable, as most of the colleges have tuition fees of less than INR 1 Lakh. 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

Disclaimer: This information is sourced from the official website and may 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