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
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 MBA admission process at Garware Institute of Career Education and Development, University of Mumbai, entails the following steps:
- Review the MBA program's eligibility criteria on the university's official website or trusted sources.
- If necessary, register for the Sports Management Admission Test (SMAT).
- Apply for the MBA programme through the university's official website or reliable channels.
- Complete the application form with required information and upload necessary documents.
- Submit the application fee according to the fee structure via available payment methods.
- Await the publication of the merit list and participate in counseling, if applicable.
- If selected, report to the institute with original documents for verification, along with self-attested photocopies.
- Submit the fee as specified in the fee structure via available payment modes.
- Complete any additional formalities at the institute.
Vidyalankar Institute for International Education provides industry oriented learnings. It facilitates students with international placement opportunities to work in the global marketplace. Several students also pursue for higher studies. Furthermore. the Institute has a record of 100% placement and students are trained as per industry norms and regulations. The faculty conducts various events and activities for the students to understand roles better.
To get admission in either of the courses offered by BSS Foundation - School of Management, candidates need to qualify the admission criteria of the desired programme. Those who clear the admission criteria can then apply for the course of choice on the college's official website. For the MBA course, the college shortlists students on several basis, such as entrance exam scores. Meanwhile, for UG programme, students need to clear the basic eligibility i.e pass Class 12 from a recognised board. Selected students must pay the admission fees to secure their seats at the college.
The placement report for IIDE placements 2025 has not been released yet. Once out, it will be updated here. In the meantime, students can refer to the placement rate given below:
Particulars | Placement Statistics (2025) |
|---|---|
Placement rate | 93% |
Commonly asked questions On Best MBA Colleges in Mumbai (All): Fees, Admission 2026, Courses, Salary, Ranking
St. Wilfred's College of Management Studies offers a variety of 2-year Post Graduate Diploma in Management courses at a set fees structure. The fees for the entire duration of the course is INR 7.9 Lacs. The institute also offers scholarship opportunities to students who achieve impressive grades in their previous qualifying examinations. These scholarships can provide fee waivers of up to INR 1 Lac, including an upfront scholarship of INR 1 Lac for female students.
As per the latest report, the college recorded an 88% placement rate for its PGDM batch in the academic year 2024-2025. The the highest and average package offered during Sasmira's Business School placement 2025 was INR 12 LPA and INR 5.5 LPA, respectively. The top recruiters of Sasmira's Business School, Mumbai in 2024 included Jaro Education, Globus, Indiabulls, Lanxess, Zodiac, etc.
Dr. Mar Theophilus Institute of Management (DMTIMS) concluded the placements for the PGDM Class of 2023 with an average package of INR 6.5 LPA. The salary packages offered during DMTIMS placements 2023 are tabulated below:
Particulars | Placement Statistics (2023) |
|---|---|
the highest package | INR 12 LPA |
Average package | INR 6.5 LPA |
Commonly asked questions On Best MBA Colleges in Mumbai (All): Fees, Admission 2026, Courses, Salary, Ranking
Comparing the MBA programs at ICRI Mumbai and ICRI Pune requires a nuanced approach because both have their strengths and weaknesses depending on your individual priorities and needs. Here's a breakdown to help you evaluate:
Factors to Consider:
- Program Focus: Both campuses offer various MBA specializations, but there might be slight differences in their focus areas. Check what each campus specializes in and which aligns more with your career goals.
- Faculty and Industry Connect: Research the faculty profiles and industry collaborations at each campus. Assess which campus has faculty expertise and partnerships relevant to your chosen specialization.
- Placement Record: Compare the placement records of both campuses, focusing on the industries, average salaries, and companies hiring graduates.
- Fees and Scholarships: Tuition fees and available scholarship options can differ between the two campuses. Consider the financial aspect and choose the programme that offers better value for your investment.
- Location and Infrastructure: The location of each campus might be relevant depending on your personal preferences and accessibility. Assess the infrastructure and facilities offered by each campus.
- Program Structure: Check whether both campuses offer full-time or part-time MBA programs and choose the format that suits your learning style and schedule.
Additional Resources:
- ICRI Mumbai and ICRI Pune websites: Explore the official websites of both campuses for detailed information about their MBA programs, curriculum, faculty, and placement records.
- Student reviews and alumni network: Reach out to current students or alumni of both campuses through online forums or social media to gain firsthand insights about their experiences.
- Admission department contact: Contact the admissions departments of both ICRI Mumbai and ICRI Pune for specific information about eligibility criteria, application procedures, and upcoming information sessions.
At Imarticus Learning, students can pursue the following courses:
- Job Assured Programmes
- Certification Programmes
- Executive Programmes
- Senior Leadership Programmes
- Executive Programmes
- Senior Leadership Programmes
- Degree Programmes
The School offers PGDM programme in four specialisations, including Marketing, Finance, Human Resources and Information Technology. Admission criteria is the same for all the specialisations.
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 total number of MBA seats available at SNDT College is 200. Seats will be allotted on a first-come, first-serve basis, so better apply as soon as possible. Students must possess a bachelor's degree in any field from a recognised university with at least 50% of his/her total marks. Students must have a valid score in any of the National level entrance exams, such as CAT, MAT, XAT, CMAT, or the own entrance exam of the university. This is the combined intake for all the MBA specialisations offered by SNDT College. The number of students admitted in each specialisation may vary.
Commonly asked questions On Best MBA Colleges in Mumbai (All): Fees, Admission 2026, Courses, Salary, Ranking
After completion of the counselling process, students must pay a certain amount to confirm their MBA admission at ICT Mumbai. As per an official document, at the time of admission, students must carry a Demand Draft of INR 3 lakh (in favour of 'Institute of Chemical Technology, Mumbai') payable at Mumbai.
Note: The above-mentioned fee is as per the official sources. However, it is indicative and subject to change.
Some the top recruiters for Terna Global Business School are listed below:
Terna Global Business School Top Recruiters | |
|---|---|
ICICI Bank | HDFC Bank |
Kotak Bank Finance | Naukri.com |
HCL Tech | Capgemini |
Candidates must fulfil the eligibility requirements to apply for admissions at NIMR. Candidates need to pass a minimum of Class 12 to apply for UG courses. Graduation is the minimum qualification required to apply for any of the PG programmes. Below is NIMR Mumbai eligibility criteria for top courses:
| Course | Common Eligibility |
|---|---|
| BBA | Class 12 in relevant subjects with at least 50% aggregate |
| MBA | Graduation with at least 50% aggregate (45% aggregate for SC/ ST) |
| BSc | Class 12 Physics, Chemistry, Mathematics, and Biology with at least 50% aggregate |
| B.Ed | Graduation with at least 50% aggregate |
| M.Ed | B.Ed with at least 50% aggregate |
Pearl Academy offer scholarships to encourage students. The Who's Next Scholarship provides the most innovative brains from India with up to 100% funding. Both undergraduate and graduate students are eligible to apply. To be considered for this scholarship, a student must have applied for admission to undergraduate and graduate programmes, taken the Pearl Academy entrance test, and met the requirements.
Candidate must have qualified for the Pearl Academy Entrance Exam. The aspirant must be a resident of India. Applicants will be offered the Scholarship based on their performance in the Pearl Entrance Exam which includes a Written Exam & Personal Interview.
Commonly asked questions On Best MBA Colleges in Mumbai (All): Fees, Admission 2026, Courses, Salary, Ranking
Institute of Management and Computer Studies, Thane offers PGDM with dual specialisation which is a 2- year full time AICTE approved course. The admission criteria require candidates to have qualified from any one of the six national level tests such as CAT/ XAT/ CMAT/ ATMA/ MAT/ GMAT. The cut- off scores for these examinations are released after the exams and you will be able to check the cut- off on the official websites of colleges or the examination websites. Also, merit list will be released by the college depending on your overall performance in class 12th, entrance exam score, group discussion and personal interview.
Yes, it is worth pursuing MBA at Thadomal Shahani Centre for Management for its placement record, infrastructural facilities, campus life and experienced faculty. TSCFM is ranked third for Global Business Courses by Outlook Magazine. TSCFM also offers UGC approved MBA programme among other management programs. The College has a decent placement record with top recruiters TCS, Wipro, KPMG, Deloitte, Infosys, etc. TSCFM has a modern campus with state-of-the-art infrastructural facilities such as smart classrooms, libraries, computer labs, and sports facilities.
To secure admission, the candidates have to qualify in CAT/MAT/XAT/ATMA or GMAT.Candidates are selected for MBA, M.Com and MA based on the merit in the qualifying examination and CAT/MAT/GMAT/XAT/ATMA (for MBA) and performance in GD/PI round conducted by the institute.
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.
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