MBA in Finance Colleges in Mumbai (All): Admissions 2026, Fees, Exams, Eligibility, Salary
Mumbai Metropolitan Region hosts around 70+ MBA in Finance colleges including both private and government colleges. The top colleges include Shailesh J. Mehta School of Management, IIT Bombay, SPJIMR Mumbai, K J Somaiya Institute of Management, Prin. L. N. Welingkar Institute of Management Development and Research, NMIMS School of Business Management, Mumbai, and many others.
Top colleges like SPJIMR, JBIMS, NMIMS, and K.J. Somaiya, featuring accreditations from AACSB, AMBA, and NBA. Most institutions are affiliated with Mumbai University or operate as autonomous bodies recognized by AICTE, offering specializations in Banking, Financial Services, and Corporate Finance.
Admissions to Mumbai MBA in Finance colleges usually based on CAT, MAH CET, XAT, CMAT, etc. entrance exam score basis.
Mumbai Metropolitan Region hosts around 70+ MBA in Finance colleges including both private and government colleges. The top colleges include Shailesh J. Mehta School of Management, IIT Bombay, SPJIMR Mumbai, K J Somaiya Institute of Management, Prin. L. N. Welingkar Institute of Management Development and Research, NMIMS School of Business Management, Mumbai, and many others.
Top colleges like SPJIMR, JBIMS, NMIMS, and K.J. Somaiya, featuring accreditations from AACSB, AMBA, and NBA. Most institutions are affiliated with Mumbai University or operate as autonomous bodies recognized by AICTE, offering specializations in Banking, Financial Services, and Corporate Finance.
Admissions to Mumbai MBA in Finance colleges usually based on CAT, MAH CET, XAT, CMAT, etc. entrance exam score basis.
- Key Highlights of the Best MBA in Finance Colleges in Mumbai Metropolitan Region 2026
- Eligibility Criteria to get Admission to the Best MBA in Finance Colleges in Mumbai (All) 2026
- Entrance Exams Accepted in Mumbai (All) MBA Colleges 2026
- Best Private MBA in Finance Colleges in Mumbai (All)
- Best Government MBA in Finance Colleges in Mumbai (All)
- Highest Salary Offered by MBA Finance Colleges in Mumbai (All)
- MBA in Finance Colleges in Mumbai with Low Fees
- Best MBA in Finance Colleges in Mumbai (All): Comparison 2026
Key Highlights of the Best MBA in Finance Colleges in Mumbai Metropolitan Region 2026
Given below are the key highlights of the top MBA in Finance colleges in Mumbai Metropolitan Region including all related information -
| Particulars |
Statistics |
|---|---|
| Total number of MBA in Finance Colleges in Mumbai (All) |
70+ colleges |
| Annual fees structure of Mumbai MBA in Finance colleges |
INR 1-3 lakh: 10 INR 3-5 lakh: 9 INR 5-7 lakh: 17 INR 7-10 lakh: 15 INR 10-15 lakh: 16 INR > 15 lakh: 8 |
| Top MBA in Finance institutes in Mumbai (All) |
|
| Accepted Entrance Exams |
CAT, MAT, XAT, etc. |
Source: Official site and may vary.
Eligibility Criteria to get Admission to the Best MBA in Finance Colleges in Mumbai (All) 2026
Given below is the general eligibility criteria of MBA in Finance colleges in Mumbai (All) -
- Candidates must complete their UG course with an aggregate of 50% marks
- They should have passed any accepted Management examination like CAT, MAT, XAT, etc.
- Most MBA colleges shortlist students based on their percentile and additional criteria like GD/PI rounds.
Source: Official site and may vary.
Entrance Exams Accepted in Mumbai (All) MBA Colleges 2026
Listed below are some of the most accepted entrance exams in the best MBA in Finance colleges in Mumbai with schedule and cutoff predictor -
| Exam Name |
Exam Schedule |
Exam Cutoff Predictor |
|---|---|---|
| CAT Cutoff Predictor | ||
| MAT Cutoff Predictor | ||
| XAT Cutoff Predictor |
Best Private MBA in Finance Colleges in Mumbai (All)
The best private MBA colleges for Finance in Mumbai, such as, SPJIMR, NMIMS and KJ Somaiya, are the top-most private colleges, providing better education and placement as well as offering good job opportunities in investment banking, portfolio management and corporate finance. Below are some of the best private colleges with their MBA in Finance fees in Mumbai -
| Private Colleges |
Tuition Fees |
|---|---|
| INR 16 lakhn - INR 22.5 lakh |
|
| INR 23.45 lakh |
|
| INR 14 lakh |
|
| INR 27 lakh |
|
| INR 16.5 Lakh |
Source: Official site and may vary.
Best Government MBA in Finance Colleges in Mumbai (All)
The best government-run or aided MBA Finance colleges in Mumbai include Shailesh J. Mehta School of Management, IIT Bombay, offering high ROI, excellent placement records, and strong industry connections with top recruiters like HDFC Bank and ICICI. Given below are some of the top government colleges with their MBA in Finance fees in Mumbai -
| Government Colleges |
Tuition Fees |
|---|---|
| Shailesh J. Mehta School of Management, IIT Bombay MBA Course |
INR 10 Lakh |
| FinX Institute MBA Course | INR 7.02 lakh - INR 7.29 lakh |
Source: Official site and may vary.
Highest Salary Offered by MBA Finance Colleges in Mumbai (All)
Joining the top MBA Finance colleges in Mumbai is worthwhile for candidates as many colleges like SPJIMR Mumbai have lower tuition fees as compared to great average placement salary offered, making it the great ROI. Listed below are some of the top colleges with tuition fees and average salary -
| Top Colleges |
Tuition Fees |
Average Package |
|---|---|---|
| INR 16 lakh - INR 22.5 lakh |
INR 32.85 LPA |
|
| INR 23.45 Lakh |
INR 12 LPA |
|
| Chetana's Institute of Management and Research Placements | INR 9.4 lakh | INR 8 LPA |
| NMIMS Deemed to be University - Navi Mumbai Placements | INR 21 lakh | INR 12 LPA |
| Amity University, Mumbai Placements | INR 9.44 lakh - INR 11.44 lakh | INR 7 LPA |
Source: Official site and may vary.
MBA in Finance Colleges in Mumbai with Low Fees
Listed below are some of the top MBA in Finance colleges in Mumbai with affordable tuition fees of INR 1-3 lakh -
| Low-cost MBA in Finance Colleges | Tuition Fee |
|---|---|
| Alamuri Ratnamala Institute of Engineering and Technology Fees | INR 1.54 lakh |
| Pramod Ram Ujagar Tiwari Saket Institute Of Management Fees | INR 1.6 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 |
| Chhatrapati Shivaji Maharaj University Fees | INR 2.65 lakh |
Source: Official site and may vary.
Best MBA in Finance Colleges in Mumbai (All): Comparison 2026
Here is a comparison of the best MBA in Finance colleges in Mumbai:
MBA in Finance Colleges in Mumbai (All): Admissions 2026, Fees, Exams, Eligibility, Salary
Commonly asked questions On MBA in Finance Colleges in Mumbai (All): Admissions 2026, Fees, Exams, Eligibility, Salary
SPJIMR Mumbai offered the highest average placement package of INR 32.85 LPA followed by other top colleges. Listed below are some of the top colleges with their average salaries -
| Top Colleges | Average Placement Package |
|---|---|
| SPJIMR Mumbai | INR 32.85 LPA |
| K J Somaiya Institute of Management | INR 12 LPA |
| Chetana's Institute of Management and Research | INR 8 LPA |
| NMIMS Deemed to be University - Navi Mumbai Campus | INR 12 LPA |
| Amity University, Mumbai | INR 7 LPA |
Source: Official site and may vary.
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.
The total tuition fee for NMIMS School of Business Management MBA ranges between INR 6 lakh and INR 24 lakh. Check below fee for some of the MBA specialisations:
| Course Name | Total Tuition Fee |
|---|---|
| General | INR 11.95 lakh |
| Pharmaceutical Management | INR 19.2 lakh |
| Human Resources | INR 19.2 lakh |
| Business Analytics | INR 24.04 lakh |
| Healthcare Management | INR 19.2 lakh |
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.
The placement rate recorded during SJMSOM IIT Bombay MBA placements 2023 was 100%. Students get a good salary package after completing MBA from a reputed institute like SJMSOM. The highest package and average package offered during SJMSOM IIT Bombay MBA placements 2023 stood at INR 54 LPA and INR 28.88 LPA, respectively. The top recruiters of SJMSOM IIT Bombay in 2023 included leading companies such as GEP, HUL, Google, Accenture, Cargill, etc.
Commonly asked questions On MBA in Finance Colleges in Mumbai (All): Admissions 2026, Fees, Exams, Eligibility, Salary
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.
Students have to qualify Bachelors degree from the recognised university with 50% marks to apply for MBA and MCA courses. Students also must have to appear one of the entrance exams like CAT, MAT, NMAT, CUET PG, MAH MCA CET, and other exams.
Yes, Welingkar Mumbai offers decent placements annually to students of all PGDM courses. According to the latest report, the national and int'l Welingkar Mumbai average package offered in 2025 stood at INR 11.68 LPA and INR 19.05 LPA. The highest domestic and int'l package was INR 40 LPA and INR 28.87 LPA.
No, candidates are not allowed to get admission into the MBA/ PGDM at Weilingkar Mumbai directly. To get admission into this course, applicants must follow the complete admission process that starts with the registration of the course, appearing in the valid entrance exam, release of the cutoff, admission confirmation, fee payments, etc. In addition, if someone is a prospect to join the MBA at Welingkar Mumbai, they are obliged to follow all these eligibility requirements.
The total tuition fee for NMIMS School of Business Management MBA ranges between INR 6 lakh and INR 24 lakh. Check below fee for some of the MBA specialisations:
| Course Name | Total Tuition Fee |
|---|---|
| General | INR 11.95 lakh |
| Pharmaceutical Management | INR 19.2 lakh |
| Human Resources | INR 19.2 lakh |
| Business Analytics | INR 24.04 lakh |
| Healthcare Management | INR 19.2 lakh |
Commonly asked questions On MBA in Finance Colleges in Mumbai (All): Admissions 2026, Fees, Exams, Eligibility, Salary
Private MBA in Finance colleges in Mumbai are generally expensive as they have modern infrastructure, experienced faculty with great placement offered. Listed below are some of the top colleges -
Private Colleges | Tuition Fees |
|---|---|
S.P. Jain Institute of Management and Research | INR 16 lakh - INR 22.5 lakh |
K J Somaiya Institute of Management | INR 23.45 lakh |
Prin. L. N. Welingkar Institute of Management | INR 14 lakh |
NMIMS School of Business Management | INR 27 lakh |
N.L. Dalmia Institute of Management Studies | INR 16.5 Lakh |
Source: Official site and may vary.
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 UG or 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.
Yes, we can say that joining the top private MBA Finance colleges in Mumbai can be expensive, yet good average salary offered to candidates. Listed below are some of the top colleges -
Top Colleges | Tuition Fees | Average Package |
|---|---|---|
INR 16 lakh - INR 22.5 lakh | INR 32.85 LPA | |
INR 23.45 Lakh | INR 12 LPA | |
| Chetana's Institute of Management and Research Placements | INR 9.4 lakh | INR 8 LPA |
| NMIMS Deemed to be University - Navi Mumbai Placements | INR 21 lakh | INR 12 LPA |
| Amity University, Mumbai Placements | INR 9.44 lakh - INR 11.44 lakh | INR 7 LPA |
Source: Official site and may vary.
Disclaimer: This information is sourced from the official website and may vary.
NL Dalmia College accepts scores from these exams:
CAT
XAT
CMAT
MAT
ATMA
GMAT
MH-CET
MBA stands for Master of Business Administration.GNIMS stands for Guru Nanak Institute of Management Studies.
Is MBA at DY Patil University School of Management better than GNIMS Business School? it depends on various factors, such as your preferences, goals, interests, and expectations. Both DY Patil University School of Management and GNIMS Business School are reputed management institutions in Mumbai. In 2022 DY Patil University School of Management ranked 198 out of 281 and GNIMS Business School ranked 198 out of 281 this means that both institutions have similar rankings and reputations. The package offered by DY Patil University School of Management is 6-20LPA, while GNIMS Business School is 4-6LPA. This means that DY Patil University School of Management has a higher placement record and salary range than GNIMS Business School.
Commonly asked questions On MBA in Finance Colleges in Mumbai (All): Admissions 2026, Fees, Exams, Eligibility, Salary
Yes, Narsee Monjee Institute of Management Studies, Navi Mumbai have good placements.
It is highly ranked private university with the alumni bade of 10lac+ students. It admits students on basis of NMAT score. It assures students 100% placements with the highest package of around 22LPA and it's average package is also around 10.7 LPA. Many flourished companies come to this university and recruit fresh talent with the highest packages.
The University attracted various eminent recruiters annually for placement sessions. These recruiters offered a variety of job roles to the students across sectors, such as BFSI, IT, Education, FMCG, Consulting, and E-Commerce, etc. The following is a list of a few top companies that were a part of the recent placement drive:
| Amity Mumbai Top Recruiters | ||
|---|---|---|
| Infosys | Deloitte | Nestle |
| Amazon | IBM | Airtel |
| Havells | Infosys | Deloitte |
| Axis Bank | Wipro | HCL |
The minimum eligibility for IBS Mumbai PGDM is graduation in any discipline with a minimum aggregate of 50% with the medium of study being English. Atleast of 15 years of education must be completed to be eligible. Moreover, the candidates in the last year of the degree programme are also eligible to apply.
Kohinoor Management School
Commonly asked questions On MBA in Finance Colleges in Mumbai (All): Admissions 2026, Fees, Exams, Eligibility, Salary
VIT Mumbai MMS admission is provided to applicants who fulfil the preset eligibility criteria. The VIT Mumbai MMS eligibility criteria is as follows:
- The candidate should be an Indian National;
- The candidate must have passed a Bachelor's degree of at least three years, from a recognised university with a minimum of 50% (45% in the case of candidates belonging to backward class categories and Persons with Disability belonging to Maharashtra State only)
MET Institute of PGDM offers PGDM course for a duration of two-years. This course is offered across two specialisations namely, Media & Entertainment and e-Business. The latter is offered across five other specialisations. These are Finance, Marketing, Human Resources, Operations and Systems. Additionally, MET has also introduced five NEW AGE add-on specialisations in FinTech, MarTech, EduTech, Healthcare Management, Start-ups and New Enterprise Management.
The students enrolled in Master of Global Business (MGB) at SP Jain School of Global Management (June 2026 batch) scan study 4 months in Singapore and 8 months in Dubai. They will also have an option to study at SPJ London.
CMAT 2025 was on January 25, 2025, almost four months ahead of previous years. The CMAT exam is usually held in March-April, but in 2023 and 2024, it was held in May. The last time CMAT was held in January was in 2019.
The NTA announced registration dates via an official circular, which was released online on the NTA website on November 14, 2024. The CMAT 2025 exam schedule includes registration window open and close dates and form correction dates. CMAT 2025 registration has started, and the last date to apply was December 13, 2024, and the admit card was released on January 20, 2025.