How many MBA in Finance colleges are there in Mumbai?

There are about 60+ MBA in finance colleges in Mumbai. Of these, 43 colleges are privately owned and 3 colleges are owned by public/government organisations. CAT, CMAT, XAT, MAT, and ATMA are some of the most accepting entrance exams in top Finance colleges in Mumbai . Some of the top colleges are NMIMS School of Business Management, S.P. Jain Institute of Management and Research, K J Somaiya Institute of Management, Prin. L. N. Welingkar Institute of Management Development and Research, Shailesh J. Mehta School of Management, Universal AI University, etc.

Can I get direct admission in SPJIMR?

Admission to SPJIMR courses is based on merit or entrance exam scores of the candidates. For PGDM/ PGPM, candidates are required to pass CAT/ GMAT followed by a personal interview round. The selection for Online PGDM is based on a personal interview round. Candidates are required to meet the selection requirements for admission to any of the PG programmes. For FPM, admission is based on the Research Aptitude Test followed by PI. Besides, admission to GMP programme is based on CAT, XAT, GMAT, GRE followed by PI round. Hence, direct admission is not possible.

What are the top private MBA in Finance colleges in Mumbai with fee range of INR 1-3 lakh?

Generally private MBA colleges are expensive than government colleges as they have modern infrastructure, experienced faculty with great placement options. Listed below are some of the top MBA in Finance colleges in Mumbai with fee range of INR 1-3 lakh - Top Colleges Tuition Fee VIT - Vidyalankar Institute of Technology INR 2.99 lakh K.C.College of Engineering and Management Studies and Research INR 2.42 lakh Pramod Ram Ujagar Tiwari Saket Institute Of Management INR 1.6 lakh Maratha Mandir’s Babasaheb Gawde Institute of Ma INR 2.1 lakh Source: Official site and may vary.

How are the SPJIMR placements in recent years?

The key highlights of SPJIMR placements over the past three years for PGDM and PGPM programs are presented below: Particulars PGDM Placement Statistics (2023) PGDM Placement Statistics (2024) PGDM Placement Statistics (2025) Highest package INR 67.5 LPA INR 81 LPA INR 81 LPA Highest international package INR 77.88 LPA NA INR 89 LPA Average package INR 33.02 LPA INR 33 LPA INR 32 LPA Median package INR 32.89 LPA INR 31.5 LPA INR 30.5 LPA Placement rate 100% 100% 100% Total PPOs 112 138 162 Companies visited 63 72 86 First-time recruiters 33 33 27 Total students 237 292 336 Particulars PGPM Placement Statistics (2022) PGPM Placement Statistics (2023) PGPM Placement Statistics (2024) Highest package INR 43.92 LPA INR 44.67 LPA INR 52 LPA Average package INR 23.61 LPA INR 26.28 LPA INR 23.88 LPA Median package NA NA INR 22.8 LPA Companies visited NA 46 42 First-time recruiters NA NA 17 Note: PGDM Placement data 2024 and 2025 is the combined data for PGDM and PGDM BM programs.

What are the top private MBA in Finance colleges in Mumbai with high average salary package?

As per the data table given below, SPJIMR Mumbai offered the highest average salary package of INR 32.85 LPA followed by other top private colleges. Check the table below for other colleges - College Names Annual Average Package S.P. Jain Institute of Management and Research Placements INR 32.85 LPA K J Somaiya Institute of Management Placements INR 12 LPA Chetana's Institute of Management and Research Placements INR 8 LPA Amity University, Mumbai Placements INR 7 LPA Source: Official site and may vary.

Can I get KJ Somaiya at 80 percentile?

KJ Somaiya cutoff 2025 has been released for admission to the Management courses. During the 2025 cutoff, the CAT and XAT percetiles were 84 and 71, respectively for the Gender-Neutral quota. So, considering the exam-wise cutoffs, yes, students with a cutoff percentile of 80 might get a seat at K J Somaiya Institute of Management.

How are the placements at KJ Somaiya Institute of Management (KJSIM)?

The placements at KJSIM are decent for MBA and MCA programs. The highest and average package secured by the MBA batch 2026 was INR 29.30 LPA and INR 13.05 LPA. The placement details for MCA batch 2026 is yet to be released. Earlier, 100% of MCA batch 2025 secured jobs with good packages. The highest and average package offered was INR 9.55 LPA and INR 4.67 LPA.

Is it worth doing an MBA in Finance from Maharashtra?

Joining the top MBA in Finance colleges in Maharashtra can be worthwhile for you. For that, you need to check its ROI. Listed below are some colleges along with their tuition fees and average placement package: College Names Total Tuition Fee Annual Average Package SIBM Pune MBA INR 24 lakh INR 24 LPA SPJIMR INR 15 lakh – INR 24 lakh INR 29 LPA – INR 32 LPA IIM Nagpur MBA INR 19 lakh INR 17 LPA Welingkar Mumbai MBA INR 14 lakh INR 9 LPA National Institute of Bank Management MBA INR 14 lakh INR 11 LPA

Is NMIMS School of Business Management's MBA hard to get?

NMIMS School of Business Management MBA admission is completely entrance-based and depends upon candidates' performance in the NMAT by GMAC scores. Final selection is done on the basis of NMAT scores, followed by a Written Analytic Test (WAT) & Personal Interview (PI). Talking about the entrance test, the level of difficulty of the NMAT exam is moderate in comparison with any other MBA entrance exam.

Is SBM NMIMS Mumbai good in terms of placements?

Yes, SBM NMIMS Mumbai is good in terms of placements. The key highlights of MBA and MBA HR placements 2026 are presented below: Particulars MBA Core Placement Statistics (2026) Particulars MBA HR Placement Statistics (2026) Highest Salary INR 41.28 LPA Highest Package INR 31.16 LPA Average Salary INR 24.6 LPA Average Package INR 19.08 LPA Companies Visited 190 Top 10% Average Package INR 25.69 LPA New Recruiters 69 Top 20% Average Package INR 23.97 LPA Average Salary for top 10% INR 31.25 LPA Top 30% Average Package INR 23.09 LPA Average Salary for top 20% INR 28.92 LPA Top 40% Average Package INR 22.67 LPA Average Salary for top 30% INR 27.02 LPA Companies Visited 37 Average Salary for top 40% INR 25.58 LPA New Recruiter 10

What are the top MAH CET accepting MBA in Finance colleges in Mumbai?

MAH CET is the most accepting entrance exam in the best MBA in Finance colleges in Mumbai. Some of them are mentioned below with their tuition fees - Top Colleges Tuition Fee K J Somaiya Institute of Management INR 23.45 lakh NMIMS School of Business Management, Mumbai INR 27 lakh N.L. Dalmia Institute of Management Studies and Research INR 16.5 lakh Vivekanand Business School (VBS) INR 9.5 lakh Chetana's Institute of Management and Research INR 9.4 lakh Source: Official site and may vary.

What are the affordable colleges in Mumbai that offer MBA in Finance?

It is estimated that joining the top MBA in Finance colleges in Maharashtra might be expensive as most have tuition fees of more than INR 5 lakh. However, there are some affordable colleges having tuition fees of less than INR 1 lakh which are mentioned below: Low-cost Colleges Tuition Fee IndSearch Institute of Management Studies and Research, Law College Road Campus INR 40,000 Dhole Patil College of Engineering INR 61,000 Shri Shivaji Maratha Society’s Institute of Management & Research INR 70,000 Punyashlok Ahilyadevi Holkar Solapur University INR 88,000 Unique Institute of Management (UIM, Pune) INR 70,000

When should I start preparing for MBA entrance exam?

In the final year of graduation, preparation for an MBA begins. The majority of management aspirants begin their preparation as soon as they begin their third year of their bachelor's degree programme because it takes months to properly prepare for MBA entrance exams. However, there are a lot of challenges in preparing for an MBA entrance exam, including the lengthy syllabus, the difficulty of the questions, and the degree of competition. Here are some suggestions to help you study for your MBA entrance exams: Study the fundamental grammatical and writing principles for the verbal segment to become familiar with the language's structure. To hone their quantitative abilities, students should complete a lot of practice exams and sample papers. Create a schedule and follow it Students should not overstress themselves and should get enough rest.

What is the eligibility criteria to get admission to top MBA in Finance colleges in Maharashtra?

The following is a list of the general requirements for admission to the top universities in Maharashtra for MBA programs in finance: A bachelor's degree or an equivalent credential in any field from an accredited college or institution is required of candidates, with a minimum cumulative GPA of 50%. Maharashtra has a large number of finance colleges that take into account the results of national admission exams such the MAH CET, MAT, XAT, CAT, CMAT, etc. It is necessary for candidates to achieve the minimum cutoff scores that each college has established.

Which are the best books for MAH MBA CET?

To study the syllabus for MAH CET MBA/MMS, candidates must choose the right reference books. Although the CAT preparation books are common study material for all MBA entrance exams in India including MAH CET, candidates must refer to exam specific books to know the nuances of the exam. Books for MAH MBA CET are available in the market and they include sample questions of various difficult levels for practice. Candidates planning to appear for MAH MBA CET must refer to the books specific to the exam. Given below is the list of best books for MAH CET MBA preparation: Book Name Authors/Publishers Name MAH CET (MBA/ MMS) Entrance Guide Odisha Publications 50+ Solve Papers Arihant Mathematics for MBA Entrance Exams RS Agarwal Verbal Ability and Reading Comprehension TIME Maharashtra MBA CET Arihant Publications

Can I do MBA without giving any entrance exam?

It is possible to pursue an MBA without taking any entrance exam. Some direct admission eligibility criteria to help you be accepted into MBA programs . Score at least 50%-65% aggregate in graduation. For the reserved category, there is relaxation.

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.

Table of Contents

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 Admi

CAT, MAH CET, XAT, CMAT, etc. are some of the most popular entrance exams accepted in the top MBA Finance colleges in Mumbai.

Table of Contents

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)	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.
Accepted Entrance Exams	CAT, XAT, CMAT, MAT, MAH CET, etc.

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
S.P. Jain Institute of Management and Research Ranking	20	20	20
NMIMS School of Business Management Ranking	21	21	24
K J Somaiya Institute of Management Ranking	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 Schedule	CAT Predictor
MAH CET 2025 Exam	MAH CET Schedule	MAH CET Predictor
XAT 2025 Exam	XAT Schedule	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
NMIMS School of Business Management MBA Course	INR 27 lakh	690
S.P. Jain Institute of Management and Research MBA Course	INR 16 lakh – INR 22.5 lakh	996
K J Somaiya Institute of Management MBA Course	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
S.P. Jain Institute of Management and Research Placements	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