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 -

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:

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. 

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.

The course-wise average package offered during SBM NMIMS MBA placements 2024 and 2023 are presented below:

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 -

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 -

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.

Universal AI University is not very costly. The university fee is quite affordable, hence there is no need for scholarships. The total fee for the two-year Executive MBA is INR 1.98 lakh. This fee is less than many top MBA colleges. For other details, please visit the official website of the university. 

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 

Chetana's Institute of Management and Research has 300 seats in PGDM course. The institute offers seats in PGDM based on entrance exam scores and performance of aspirants in CDPI round. Check below PGDM specialisation-wise intake:

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. 

The total amount of education loan that can be availed for MBA at NMIMS various from bank to bank. Maximum amount of loan up to INR 50 Lacs at 7.90% with repayment up to 15 years can be taken from SBI. Using EMI option from Grayquest, the fee can be paid as monthly EMI payment. The interest is charged between 2.1-7.7% depending upon the number of EMIs from 3 to 12.

 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

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)

DY Patil College Mumbai admission process includes registration, selection and admission confirmation. Eligible candidates can register both online and offline. Aspirants can check course-wise application fee from the table presented below:

No, Thakur Institute of Management Studies and Research does not offer direct admission into MBA courses. Candidates who want to apply for integrated MBA must appear in either CUET-UG or MAH-CET to qualify for admission. Selection will be done during MAH-CET counselling based on scores obtained in either one of these exams.

The IMS Mumbai MBA/PGPM application form requires students to upload scanned copies of various personal and academic documents. The list of scanned documents to be submitted at the time of application for BSc is given below:

• Class 10 and Class 12 Marksheets and passing certificates from the board
• UG marksheets
• UG degree
• Transfer certificate
• Category certificate (in case of SC/ST/OBC candidates)
• Medical certificate (for Person with Physical disabilities)
• Income certificate (in case of EWS category candidates)