Best MBA Colleges in Mumbai (All): Fees, Admission 2026, Courses, Salary, Ranking

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 across Mumbai. 

MBA Colleges in Mumbai Metropolitan Region: Highlights

Almost all MBA colleges in the Mumbai Metropolitan Region 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 all parts of Mumbai in this table. 

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	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. 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
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 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.

Best MBA Colleges in Mumbai (All): Exam Schedule 2026

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

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). These are located in Navi Mumbai and Andheri areas. You might want to check the specialisations these offer and the 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.

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

Aquib Rahman01-05-2026 19:43