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 16 lakh and INR 27 lakh. Check below fee for some of the MBA specialisations:

Course Name	Total Tuition Fee
General	INR 27 lakh
Pharmaceutical Management	INR 18 lakh
Human Resources	INR 25.5 lakh
Business Analytics	INR 23 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.

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. 

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. 

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.

The minimum cutoff percentiles for MBA admissions have not yet been released by the DY Patil University School of Management. Usually, cutoffs are announced closer to the dates of admission.

However, based on previous years' cutoff trends, here are some indicative percentiles that can set as targets:

• CAT Cutoffs:
  - General Category: 60 to 65 percentile
  - Reserved Categories: 55 to 60 percentile
• CMAT Cutoffs:
  - General Category: 80+ percentile
  - Reserved Categories: 65+ percentile

In addition to the core tuition fee, students enrolled in the PGDM / MBA programme at NL Dalmia College may be required to pay other charges, if applicable. These may include:

• Admission Charges

• Hostel Fees

• Examination Fees

When all components are added, the total estimated fee for PGDM programme can go up to INR 18.88 L. 

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 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.

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
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
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.

SIES School of Business Studies PGDM programme offers specialisations in Marketing, Finance, Human Resources, Operations, Business Analytics, Pharmaceutical Management, and Biotechnology Management. Students can choose these as per their career choice.

{Source: MBA/PGDM students & alumni}

Effectiveness of Placement Cell for MBA/PGDM Courses at Universal AI University

Based on the feedback from students and alumni, here's a summary of the effectiveness of the placement cell:

* Good placement record: The university has a good placement record, with almost 95% of students getting placed every year. The average salary package offered is around INR6.5 Lacs to INR7.5 Lacs per annum, with some students receiving offers up to INR21 Lacs per annum.

* Regular campus placements: The placement cell conducts regular campus placements, with multiple companies visiting the campus every year. Some of the notable recruiters include LG, Upgrade, Reliance, Marico, HUL, Amazon, CBRE, HDFC, and Deloitte, among others.

* Active placement team: The placement team is actively involved in ensuring that students are placed in reputed companies. They work closely with companies to customize job profiles according to student interests and skill sets.

* Training and preparation: The university provides training and preparation sessions to help students prepare for interviews and assessments. This includes mock interviews, group discussions, and personality development workshops.

* Industry connections: The university has strong ties with the corporate world, providing students with opportunities for internships, mentorship programs, and guest lectures from industry experts.

* Constant improvement: The placement cell continuously evaluates and improves its processes to ensure better outcomes for students.

In conclusion, the placement cell at Universal AI University is effective in placing students in reputed companies, offering competitive salaries, and providing training and preparation for the industry.

To apply for PGDM course at MET Institute of PGDM, students need to fulfil the minimum eligibility criteria, which is to pass graduation with 50% aggregate (45% aggregate for reserved categories) from a recgonised Association of Indian Universities. Aspirants have to qualify for either CMAT/ XAT/ CAT/ ATMA/ GMAT/ MAT/ MH-CET entrance exam with a valid score. The final selection is done based on the performance of candidates in the Personal Interview (PI) round. 

Vivekanand Business School accepts the scores of various national/state-level entrance exams for admitting students to its PGDM course. The institute has specified the VBS PGDM cut-off required for admission through various accepted entrance exams. ATMA and MHCET scores are considered for shortlisting. A list of the same has been presented below:

• CAT: 75 Percentile 
• XAT: 70 Percentile 
• CMAT: 75 Percentile 
• MAT: 85 Percentile 

Total tuition fees for integrated MBA at Thakur Institute of Management Studies and Research is INR 1.1 Lacs in academic year 2026. Candidates will be charged this fees at the time of admission for confirmation of seats.

Amity University Mumbai 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

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.

The total tuition fee for NMIMS School of Business Management MBA ranges between INR 16 lakh and INR 27 lakh. Check below fee for some of the MBA specialisations:

Course Name	Total Tuition Fee
General	INR 27 lakh
Pharmaceutical Management	INR 18 lakh
Human Resources	INR 25.5 lakh
Business Analytics	INR 23 lakh

 

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)

NMIMS Navi Mumbai released its placement report for 2026. Management department has given standout performance in 2026. Please find the table below for accurate stats of NMIMS Navi Mumbai Management placement 2026:

School	Highest Package	Average Package	Median Package
SBM	INR 20 LPA	INR 13.07 LPA	INR 12 LPA

 Yes, there is scholarships for the MBA course at ITM Business School Navi Mumbai. The scholarship comprises a wide range of scholarships up to 100%. This scholarship is available for all MBA applicants. The basic criteria for application are mentioned below:

• The student must attend and clear the ITM Scholarship Entrance Test and CAPI (Case Analysis & Personal Interview) rounds
• A student who has completed the first and second year of graduation with an overall of 60%
• Any postgraduate or graduate who has an overall 60% in 10th, 12th, and graduation