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MBA in Finance Colleges in Mumbai (All): Admissions 2026, Fees, Exams, Eligibility, Salary

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On MBA in Finance Colleges in Mumbai (All): Admissions 2026, Fees, Exams, Eligibility, Salary
Q:   What are the top private MBA in Finance colleges in Mumbai (All) with high placement packages?
A: 

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 CollegesAverage Placement Package
SPJIMR MumbaiINR 32.85 LPA
K J Somaiya Institute of ManagementINR 12 LPA
Chetana's Institute of Management and ResearchINR 8 LPA
NMIMS Deemed to be University - Navi Mumbai CampusINR 12 LPA
Amity University, MumbaiINR 7 LPA

Source: Official site and may vary.

Q:   Does SPJIMR also select students based solely on their profiles without even taking any entrance exam?
A: 

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. 

Q:   How much is fees for MBA at NMIMS School of Business Management?
A: 

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 NameTotal Tuition Fee
GeneralINR 11.95 lakh
Pharmaceutical ManagementINR 19.2 lakh
Human ResourcesINR 19.2 lakh
Business AnalyticsINR 24.04 lakh
Healthcare ManagementINR 19.2 lakh

 

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

The key highlights of KJ Somaiya Institute of Management placements are presented below:

Particulars

MBA Placement Statistics (2025)

MCA Placement Statistics (2025)

Highest package

INR 23.03 LPA

INR 9.55 LPA

Average package

INR 12.69 LPA

INR 4.67 LPA

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On MBA in Finance Colleges in Mumbai (All): Admissions 2026, Fees, Exams, Eligibility, Salary
Q:   Is NMIMS School of Business Management's MBA hard to get?
A: 

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. 

Q:   What is the eligibility criteria to get admission at KJ Somaiya Institute of Management?
A: 

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. 

Q:   Is Welingkar Mumbai good for placements?
A: 

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.

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On MBA in Finance Colleges in Mumbai (All): Admissions 2026, Fees, Exams, Eligibility, Salary
Q:   What are the MBA in Finance fees at the private Mumbai (All) colleges?
A: 

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.

Q:   Can I get direct admission in SPJIMR?
A: 

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. 

Q:   Is it good to join the top private MBA in Finance colleges in Mumbai (All)?
A: 

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 PlacementsINR 9.4 lakhINR 8 LPA
NMIMS Deemed to be University - Navi Mumbai PlacementsINR 21 lakhINR 12 LPA
Amity University, Mumbai PlacementsINR 9.44 lakh - INR 11.44 lakhINR 7 LPA

Source: Official site and may vary.

Disclaimer: This information is sourced from the official website and may vary.

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