MBA in Finance Colleges in Mumbai: Fees, Admission 2026, Courses, Eligibility, Salary
Mumbai has about 60 MBA in Finance colleges including both private and government colleges. Top colleges such as Shailesh J. Mehta School of Management, IIT Bombay, SPJIMR Mumbai, K J Somaiya Institute of Management, NMIMS School of Business Management, Mumbai, N.L. Dalmia Institute of Management Studies and Research, etc., offer premier, diverse programs known for high placements and rigorous curriculum. Finance Mumbai colleges are accredited by AICTE, NBA, or international bodies like AACSB/AMBA, and are affiliated with universities like Mumbai University or Deemed Universities
CAT, MAH CET, XAT, CMAT, etc. are some of the most popular entrance exams accepted in the top MBA Finance colleges in Mumbai.
Mumbai has about 60 MBA in Finance colleges including both private and government colleges. Top colleges such as Shailesh J. Mehta School of Management, IIT Bombay, SPJIMR Mumbai, K J Somaiya Institute of Management, NMIMS School of Business Management, Mumbai, N.L. Dalmia Institute of Management Studies and Research, etc., offer premier, diverse programs known for high placements and rigorous curriculum. Finance Mumbai colleges are accredited by AICTE, NBA, or international bodies like AACSB/AMBA, and are affiliated with universities like Mumbai University or Deemed Universities
CAT, MAH CET, XAT, CMAT, etc. are some of the most popular entrance exams accepted in the top MBA Finance colleges in Mumbai.
- Key Highlights of the Best MBA in Finance Colleges in Mumbai 2026
- MBA Finance Colleges in Mumbai with NIRF Ranking 2025
- Eligibility Criteria to get Admissions to MBA in Finance Colleges in Mumbai 2026
- Entrance Exams Accepted in Mumbai MBA in Finance Colleges 2026
- Private MBA in Finance Colleges in Mumbai
- Government MBA in Finance Colleges in Mumbai
- Highest Salary Offered by MBA in Finance Colleges in Mumbai
- Low-cost MBA in Finance Colleges in Mumbai
- MBA in Finance Colleges in Mumbai: Comparison
Key Highlights of the Best MBA in Finance Colleges in Mumbai 2026
MBA Finance in Mumbai is a premier choice, with top colleges like SPJIMR, JBIMS, IIM Mumbai, and NMIMS offering high-ranking programs include Investment Banking, Corporate Finance, and Fintech, often supported by Bloomberg labs.
Given below are the key highlights of the top MBA Finance colleges in Mumbai including all important info. -
| Parameters |
Statistics |
|---|---|
| Total no. of MBA Finance colleges in Mumbai |
60 colleges |
| Annual fee structure of Mumbai MBA in Finance colleges |
INR 1-3 lakh: 8 INR 3-5 lakh: 5 INR 5-7 lakh: 10+ INR 7-10 lakh: 10+ INR 10-15 lakh: 10+ INR > 15 lakh: 6 |
| Top MBA Finance Institutes in Mumbai (private/Government) |
|
| Accepted Entrance Exams |
Predict your chances here: MBA Cutoff Predictor
MBA Finance Colleges in Mumbai with NIRF Ranking 2025
Listed below are some of the top MBA in Finance colleges in Mumbai with NIRF ranking over the past three years -
| Top Colleges |
NIRF 2023 |
NIRF 2024 | NIRF 2025 |
|---|---|---|---|
| 20 |
20 | 20 | |
| 21 |
21 | 24 | |
| 45 |
63 | 65 | |
| Prin. L. N. Welingkar Institute of Management Development and Research Ranking |
73 |
84 | 75 |
Source: The above NIRF rankings have been taken from official NIRF site and will/may vary in future.
Eligibility Criteria to get Admissions to MBA in Finance Colleges in Mumbai 2026
To get admission to MBA in Finance in Mumbai, candidates generally need a bachelor's degree in any discipline with a minimum of 50% aggregate marks (45% for reserved categories) from a recognized university.
Admission is primarily based on valid scores in national-level entrance exams like CAT, XAT, NMAT, SNAP, or CMAT.
Entrance Exams Accepted in Mumbai MBA in Finance Colleges 2026
Admisions to top MBA in Finance colleges in Mumbai usually based on entrance exam score basis. Listed below are some top accepted entrance exams along with their schedule and cutoff predictor -
| Exam Name |
Schedule |
Exam Cutoff Predictor |
|---|---|---|
| CAT 2025 Exam |
CAT Predictor | |
| MAH CET 2025 Exam |
MAH CET Predictor | |
| XAT 2025 Exam |
XAT Predictor |
Private MBA in Finance Colleges in Mumbai
The top private MBA in Finance colleges in Mumbai, such as SPJIMR, NMIMS, KJ Somaiya, and Welingkar, are premier institutions offering excellent, high-ROI placements with recruiters like Goldman Sachs and J.P. Morgan. They usually have high tuition fees around INR 9 lakh – INR 27 lakhs, as compared to government MBA colleges. Given below are some of the top private colleges with their MBA in Finance fees and their seat intake -
| Private Colleges |
Total Tuition Fee |
MBA Seat Intake |
|---|---|---|
| INR 27 lakh |
690 | |
| INR 16 lakh – INR 22.5 lakh |
996 | |
| INR 23.45 lakh |
690 | |
| Prin. L. N. Welingkar Institute of Management Development and Research MBA Course |
INR 14 lakh |
2,810 |
| Chetana's Institute of Management and Research MBA Course | INR 9 lakh |
300 |
Source: Official site and may vary.
Government MBA in Finance Colleges in Mumbai
Among the top 10 colleges in Mumbai for mba in Finance, refer to the table below for a detailed overview of the government top colleges along with their fees:
| Public/Government Colleges |
Total Tuition Fee |
MBA Seat Intake |
|---|---|---|
| Shailesh J. Mehta School of Management, IIT Bombay MBA Course |
INR 10 lakh |
172 |
| FinX Institute MBA Course | INR 7.02 lakh - INR 7.29 lakh | 300 |
Source: Official site and may vary.
Highest Salary Offered by MBA in Finance Colleges in Mumbai
The table below shows the top MBA in Finance institutes in Mumbai along with their tuition fees and average placement package:
| College Names |
Total Tuition Fee |
Annual Average Package |
|---|---|---|
| Shailesh J. Mehta School of Management, IIT Bombay Placements | INR 10 lakh | INR 20.25 LPA |
| INR 16 lakh – INR 22.5 lakh |
INR 32.85 LPA |
|
| K J Somaiya Institute of Management Placements | INR 23.45 lakh | INR 12 LPA |
| Chetana's Institute of Management and Research Placements | INR 9.4 lakh | INR 8 LPA |
| Amity University, Mumbai Placements | INR 9.44 lakh - INR 11.44 lakh | INR 7 LPA |
Source: Official site and may vary.
Low-cost MBA in Finance Colleges in Mumbai
Enrolling in the top mBA in Finance colleges in Mumbai can be affordable. Listed below are some of the MBA in Finance colleges in Mumbai with low fees ranges INR 1-3 lakh -
| Low-cost Colleges | Tuition Fee |
|---|---|
| Pramod Ram Ujagar Tiwari Saket Institute Of Management Fees | INR 1.6 lakh |
| Maratha Mandir’s Babasaheb Gawde Institute of Management Studies Fees | INR 2.1 lakh |
| S.P More College of Paramedical and Nursing Education Fees | INR 1.68 lakh |
| VIT - Vidyalankar Institute of Technology Fees | INR 2.99 lakh |
| Maratha Mandir’s Babasaheb Gawde Institute of Management Studies Fees | INR 2.1 lakh |
Source: Official site and may vary.
MBA in Finance Colleges in Mumbai: Comparison
To determine the comparison of the MBA in Finance colleges in Mumbai, click on the link below:
MBA in Finance Colleges in Mumbai: Fees, Admission 2026, Courses, Eligibility, Salary
Commonly asked questions On MBA in Finance Colleges in Mumbai: Fees, Admission 2026, Courses, Eligibility, Salary
Yes, the IIBM offers a full-time MBA programme. The duration provided by the institute for MBA is two years. The course is divided into four equal semesters. The MBA programme is offered in management studies at the institute. Students having 50% marks in graduation are eligible for the course.
BSE Institute Limited, Mumbai offers various UG and PG level courses. These courses include BSc, BCom, PG Diploma, MMS, etc. Candidates willing to secure a seat for one of these courses at the institute must start by ensuring that they are eligible as per the course-specific eligibility criteria prescribed by the institute. Eligible candidates can visit the insitute's official website or campus to obtain the application form and apply. The next step is to appear for an aptitude test, followed by an interview, both of which are condcuted by BSE Institute Limited. Seats are allocated based on the applicants' eligibility, performance in the selection rounds and seat availability.
MBA placements at GNIMS are not bad at all. Approximately 80% of students were placed by the Institute and remaining 20% tried their luck of getting placed by their own individual efforts. The highest package offered was 13 LPA and the lowest package was around 3 LPA last year. Top companies like Seimens, Kotak Mahindra, HDFC, Motilal Oswal visited there last year. About 70 % students get internships and companies which offer internships are HDFC, Aditya Corporates, Shiksha.Com, Talent Corner.
The application process of JAGSoM Mumbai MBA has commenced. Interested candidates can apply to the course by visiting the official website of JAGSoM. The JAGSoM MBA 2024 last date to apply has not been announced by the institute yet.
As soon as there is an update regarding deadline for application process on the official website, it will updated on JAGSoM Mumbai Admission 2024.
No, candidates cannot get direct admissions into the PGDM course offered by SVIMS Business School. To qualify for PGDM admissions, candidates must appear for one of the state/national level MBA entrance exams.
Selection of candidates will be based on the scores obtained in one of these entrance exams.
Commonly asked questions On MBA in Finance Colleges in Mumbai: Fees, Admission 2026, Courses, Eligibility, Salary
Thakur Global Business School PGDM programme has annual fees of INR 5.5 Lakhs for the minimum two-year programme. As such the total tuition fee of the programme is INR 11 lakhs.
This fee may be higher if the student decides to avail hostel accomodations. If candidate has not availed the hostel accomodation they do not have to pay the additional cost.
Aspirants need to have work experience to apply for part-time MBA for Working Executives at Atharva School of Business. Candidates need two-years of full-time work experience after graduation. Students must note that internship is not considered as experience.
Yes, Kohinoor Management School has been providing good placements to its students in the past years. To know more, check the table below:
Particulars | Placement Statistics (2025) | Placement Statistics (2026) |
|---|---|---|
the highest package | INR 12.50 LPA | INR 30 LPA |
Average package | INR 7.25 LPA | INR 8.6 LPA |
Commonly asked questions On MBA in Finance Colleges in Mumbai: Fees, Admission 2026, Courses, Eligibility, Salary
Tabulated below are the CAT 2026 important dates:
| Dates | Upcoming Exam Dates |
|---|---|
1 August 2025 to 13 September 2025 | CAT 2026 registration |
| 4 October to 7 October 2025 | CAT 2026 form correction |
12 November to 30 November 2025 | CAT 2026 admit card download |
30 November 2025 | CAT 2026 |
| First week of December 2025 | CAT 2026 answer key challenge |
| First week of January 2026 | CAT 2026 result announcement |
No, NMAT is not compulsory to get admission into the PGPM course at Athena School of Management, because the school also accepts several other entrance examination scores for admission to this management course, such as NMAT/ GMAT/ CAT/ ASAT - Athena Scholastic Ability Test. Therefore, NMAT is one of the accepted entrance exams for admission to the PGPM course. However, it is not compulsory. Therefore, candidates with relevant scores in any of the following entrance exams can get admission to PGPM courses.
For admission to MKES- Institute of Management Studies and Research MBA programme below entrance exam scores are accepted:
- CAT
- MAT
- ATMA
- XAT
- MHT CET
- GATE
Also, the institute conducts an entrance test for the eligible candidates.
Commonly asked questions On MBA in Finance Colleges in Mumbai: Fees, Admission 2026, Courses, Eligibility, Salary
JS Kothari Business School offers a Holistic PGDM programme in full-time mode. Hence, candidates are required to attend the classes regularly. The two-year course is divided into semester pattern.
Commonly asked questions On MBA in Finance Colleges in Mumbai: Fees, Admission 2026, Courses, Eligibility, Salary
The PGDM at Sasmira's Business School focuses on learning by doing through real projects. This two-year programme is approved by the AICTE and the Maharashtra government. Students study core business topics while gaining practical exposure to modern industry tools. The curriculum also includes guest lectures and industrial visits to help students understand the corporate world better.