Which is the top MBA college in Mumbai as per NIRF 2025?

Students can take a look at the table below for the NIRF 2025 rankings of the best MBA colleges in Mumbai: 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 and may vary.

How many MBA colleges are there in Mumbai (All)?

There are about 190+ best MBA colleges in Mumbai. Of these, 137 colleges are privately owned and the public/government organisations own 11 colleges. CAT, XAT, and CMAT are the most accepting entrance exams in top MBA colleges in Mumbai . National Institute of Industrial Engineering, IIDE Mumbai, IIT Bombay, ITM Business School Navi Mumbai, SPJIMR, NMIMS Mumbai, K J Somaiya Institute of Management, are some of the popular MBA institutes in Mumbai (All).

What are the top private MBA colleges accepting MAH CET in Mumbai (All)?

The table below shows the top MBA colleges in Mumbai (All) that accept MAH CET score along with their total tuition fees: College Names Total Tuition Fees SBM NMIMS Mumbai INR 8 Lacs - INR 24 LPA K J Somaiya Institute of Management INR 17 lakh ITM Business School Navi Mumbai INR 12 lakh MET Institute of Management INR 3 lakh Amity Global Business School INR 7 lakh Disclaimer: This information is sourced from the official website.

Does SPJIMR also select students based solely on their profiles without even taking any entrance exam?

SPJIMR shortlists candidates for its flagship programme i.e. PGDM based on their profiles. The profiles are evaluated, and the applicants are sorted into two groups: Profile-based and Profile-cum-Score-based. In the first phase, candidates shortlisted based on their profile are called for a Personal Interview (PI). However, the second phase is held after the availability of entrance test scores. That means, the institute accepts entrance exam scores as well for admission. The accepted entrance exam for PGDM is CAT/ GMAT. For admission to FPM, aspirants need to appear for Research Aptitude Test followed by a personal interview round. The institute shortlists candidates for admission to GMP based on scores of the candidates in CAT, GMAT, GRE, etc.

Which private MBA college in Mumbai (All) offered the highest placement package?

Private MBA colleges like SPJIMR offered the highest placement package ranging between INR 23 LPA - INR 31 LPA, and the prominent recruiters include TCS, Deloitte, Accenture, Mahindra, HUL, P&G, etc. Below is the list of MBA Colleges in Mumbai along with their average package and list of prominent recruiters: College Names Average Package 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. Hope this information proves beneficial for you!!

What are the most affordable private MBA colleges in Mumbai?

A few private management institutes in Mumbai and its surrounding regions do offer low-cost MBA programmes for less than INR 1 Lakh and between INR 1 and 2 Lakh. You can check these. Low-cost MBA Colleges Total Tuition Fee 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 Also Read: MBA Preparation Tips

Is it worth joining MBA colleges in Mumbai?

Hi, to assess the worth of joining an MBA college in Mumbai, you should go through its Return on Investment (ROI). The table below shows some of the top MBA colleges in Mumbai along with their total tuition fees and average placement package: College Names Total Tuition Fee Average Median Package 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 SPJIMR MBA INR 15 lakh - INR 24 lakh INR 23 LPA - INR 31 LPA SBM NMIMS MBA INR 13 lakh - INR 25 lakh INR 21 LPA Disclaimer: The above statistics are based on the latest data. Hope this information proves beneficial for you!

How good is SPJIMR for PGDM? What is the placement scenario?

SPJIMR is one of the leading Management institutes in India and offers good placements. The key highlights of SPJIMR placements for PGDM and PGDM BM Class of 2026 are presented below: Particulars Placement Statistics (2026) Highest package INR 75 LPA Average package INR 33.75 LPA Median package INR 32.85 LPA Placement rate 100% Total PPOs 46% Companies visited 80 First-time recruiters 31 Total students 356

can I get Welingkar Mumbai with a 70 percentile in CAT?

No, you can't avail PGDM course at 70 percentile, you should atleast have 85 percentile in CAT. As per the Welingkar Mumbai CAT cutoff 2024, the last-round Post Graduate Diploma in Management (PGDM) course stood at 85 for admission to institute for the General category students in the All India quota. So, the assumed expected cutoff for the upcoming admission session 2025 can stood at 85 for the General AI category candidates. Although, it is an estimated guess and the NEET cutoff is subject to many factors such as competition, difficulty level of the exam, and previous year trend.

Does Welingkar Mumbai really provide 100% placements with good average salaries?

Welingkar Mumbai offers decent placements annually to its PGDM students. The overall national Welingkar Mumbai average package offered during the 2025 placement drive stood at INR 11.68 LPA. The course-wise average package received during Welingkar Mumbai placements 2025 is presented below: Course Domestic Average Package (2025) International Average Package (2025) PGDM INR 11.7 LPA INR 18.14 LPA PGDM E Business INR 11.69 LPA INR 20.23 LPA PGDM Business Design INR 11.12 LPA NA PGDM HCM INR 19.04 LPA NA PGDM Retail Management INR 11.07 LPA INR 16.15 LPA PGDM Rural Management INR 10.86 LPA INR 16.77 LPA PGDM Media & Entertainment INR 9.74 LPA INR 28.87 LPA PGDM Research and Business Analytics INR 12.52 LPA INR 20.81 LPA

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, offering more options to pursue different management programmes after graduation, beyond the best MBA colleges in Mumbai, such as SPJIMR, NMIMS, and IIM. In the surrounding areas, including Navi Mumbai, Thane, etc., institutes like ITM Business School, SIES College of Management Studies, and DY Patil University School of Management are top-tier with good placements. Whether you are looking for direct admission 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, Navi Mumbai, Andheri, Thane, and more.

Table of Contents

MBA Colleges in Mumbai Metropolitan Region: Highlights
Top MBA Colleges in Mumbai (All): NIRF Ranking 2025
MBA Colleges in Mumbai (All): Eligibility for Admis

Table of Contents

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)
ROI of Best Private MBA Colleges in Mumbai (All)
MBA Colleges in Mumbai (All) without Entrance Exam
Best Government MBA Colleges in Mumbai (All)
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 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
Best Locations in Mumbai Metropolitan Region	Powai, Kurla West, Navi Mumbai, Thane, Bandra West, Andheri
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.

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 2024	NIRF 2025
Indian Institute of Management, Mumbai Ranking	6	6
Indian Institute of Technology Bombay Ranking	10	14
S. P. Jain Institute of Management & Research Ranking	20	20
SVKM's Narsee Monjee Institute of Management Studies Ranking	21	24
K. J. Somaiya Institute of Management Ranking	63	65
PRIN. L. N. Welingkar Institute of Management Development and Research (PGDM) Ranking	84	75

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

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
MAH CET	MAH CET Schedule
CAT	CAT Schedule
MAT	MAT Schedule
XAT	XAT Schedule
CMAT	CMAT Schedule
ATMA	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. 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)

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	Total Tuition Fees
DY Patil University School of Management MBA Courses	INR 15 Lakh - INR 19 Lakh
S.P. Jain Institute of Management and Research MBA Courses	INR 16 Lakh - INR 26.1 Lakh
NMIMS Mumbai MBA Courses	INR 16 Lakh - INR 27 Lakh
BITSoM MBA Courses	INR 23.9 Lakh
Valia School of Management MBA Courses	INR 6 Lakh - INR 6.5 Lakh
Indira Institute of Business Management MBA Courses	INR 3 Lakh - INR 6.5 Lakh
K J Somaiya Institute of Management Courses	INR 13.48 Lakh - INR 21.34 Lakh
Prin. L. N. Welingkar Institute of Management MBA Courses	INR 94,400 - INR 14 Lakh
ITM Business School Navi Mumbai Courses	INR 12 Lakh
Pillai Institute of Management Studies and Research MBA Course	INR 7 Lakh

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

ROI of Best Private MBA Colleges in Mumbai (All)

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 Placement	INR 15 Lakh - INR 24 Lakh	INR 23 LPA - INR 31 LPA
BITS School of Management Placement	INR 24.5 Lakh	INR 23 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

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

MBA Colleges in Mumbai (All) without Entrance Exam

A few of the MBA colleges in Mumbai have no entrance exams, and they come with flexible fee structures with one-time, semester-wise, or monthly payments. Some of these also have integrated MBA programmes, which students can start after Class 12. But it's recommended that you cross-check with the admission offices.

Pillai Business School in Navi Mumbai
University of Mumbai - Thane Sub Campus in Thane

Best Government MBA Colleges in Mumbai (All)

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

College Name	Average Course Fees
Indian Institute of Management Mumbai Admission	INR 14 Lakh
Shailesh J. Mehta School of Management, IIT Bombay Admission	INR 2.69 Lakh - INR 20 Lakh

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

Listed below is a comparison of the best MBA colleges in Mumbai:

Aquib Rahman05-20-2026 19:41

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

Best MBA Colleges in Mumbai (All)

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

Best MBA Colleges Accepting MAH CET in Mumbai (All)

Best Private MBA Colleges in Mumbai (All)

ROI of Best Private MBA Colleges in Mumbai (All)

MBA Colleges in Mumbai (All) without Entrance Exam

Best Government MBA Colleges in Mumbai (All)

Compare MBA Colleges in Mumbai (All)

Best MBA Colleges in Mumbai (All)

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ICRI - Nanavati Hospital, Mumbai

Podar World College

Indian School of Business Management & Administration, Maharashtra

International School of Design, Kandivali

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

Mumbai Educational Trusts Institute Management Studies

SGSJK's Aruna Manharlal Shah Institute of Management and Research (AMSIMR, Mumbai)

Shree L.R. Tiwari College of Engineering, Shree Rahul Education Society's

Sinhagad Institute of Business Management

Shivajirao S. Jondhale College of Engineering and Technology

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

Atharva College of Hotel Management and Catering Technology

Regenesys Business School

Bunts Sangha’s Higher Education Institutions

DSIFD Mumbai

ICOFP Mumbai - International College of Financial Planning

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

Smt. K.G. Mittal Institute of Management

School of Management, Universal SkillTech

NIF Global Andheri

College of Management,Koparkhairane

Institute of Risk Management - India Affiliate

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

Mod'Art International

Odyssey Academy

Rashmis Transworld Academy (IATA Authorised Training Centre)

Indian Institute of Materials Management

Institute for Innovative and Integrated Management Studies

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

ITM Skills Academy

TMI Academy of Travel, Tourism and Aviation Studies, Mumbai

Stock Market Institute

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