
Mumbai home to some of India’s top MBA institutes such as SPJIMR, NMIMS, JBIMS and KJ Somaiya among others. IIT Bombay’s Department of Management Studies (SJMSOM) is ranked among top 15 MBA institutes in India by NIRF-MHRD.
There are over 151 MBA colleges in Mumbai as listed on Shiksha. A major benefit of pursuing MBA from Mumbai is that this city is the financial capital of India thus has a plethora of job opportunities and bright career prospect. All the top MNCs and business houses have their offices in Mumbai. Candidates planning to pursue MBA course must consider Mumbai as their preferred location. To help candidates choose a college in Mumbai for MBA admission, Shiksha has collated a list of top MBA colleges in Mumbai, their course fee and application status.
Also Read: MBA admission 2026: Application Process Begins for Top B-Schools
For admission to a reputed MBA college in India, the candidate must have completed graduation with at least 50 per cent in aggregate and should have taken an MBA entrance exam in the same academic year (GMAT is an exception). National level entrance exams scores of which are widely accepted include CAT, XAT, MAT, NMAT, GMAT, ATMA, CMAT.
Work experience is an added advantage but not a restrictive criteria for MBA. Selection committee takes into consideration several other parameters like, entrance exam performance, academics scores, ECA, leadership qualities, communication, ability, problem solving skills, analytical ability, confidence and poise.
The IIMs do not release separte application form for MBA admission. The CAT exam form released every year in August doubles up as the IIM admission form. Candidate have to select the IIM campuses of their choice in the CAT application form for admission registration. Candidates get shortlisted by the IIMs or WAT-PI round as per their score and institute selection.
A candidate's MBA application is evaluated on academic score (class 10, class 12, graduation, post graduation, professional degree), entrance exam score, academic diversity and work experience (if applicable). Candidature of an individual with work experience in more valued than that of a fresh graduate.
- MBA Admission 2025: Application Deadline
- MBA Admission Important Dates
- FAQs on MBA Admission in Mumbai
MBA Admission 2025: Application Deadline
Given below is the list of some popular MBA colleges in Mumbai who accept CAT, XAT and MAT scores. Many of the MBA colleges in Mumbai accept MAH MBA CET scores. Admission through which is done on through MAH CET MBA CAP.
| MBA College |
Application Status |
*Course Fee |
|---|---|---|
| Over |
INR 10.45 Lakh |
|
| Over |
INR 19.76 Lakh |
|
| Over |
NA |
|
| Over |
INR 6.80 Lakh |
|
| Vivekanand Education Society Institute of Management Studies and Research |
Over |
INR 6.79 Lakh |
| Over |
INR 14.93 lakh |
|
| Over |
INR 6.80 lakh |
|
| Over |
INR 11.04 lakh |
|
| Over |
INR 10.45 lakh |
|
| Over |
INR 3.74 lakh |
|
| To start soon |
INR 6.57 lakh |
|
| Over |
INR 8.40 Lakh |
|
| Chetana's Ramprasad Khandelwal Institute of Management and Research |
Over |
INR 3.44 Lakh |
| Over |
INR 8 Lakh |
|
| Over |
INR 4.26 Lakh |
|
| Over |
INR 3.90 Lakh |
|
| Bharati Vidyapeeth Institute of Management Studies and Research |
Started |
INR 3.76 Lakh |
| Over |
INR 8.20 Lakh |
|
| Over |
INR 2.84 Lakh |
*Course fee mentioned above is for previous year. Course fee may increase for the upcoming academic year.
Also Read:
- 80 Group Discussion (GD) Topics (MBA): Current & Latest GD Topics with detailed analysis
- Personal Interviews: 5 Situations That May Stump You
- How to Handle Surprise Topics in GDs
- Common questions asked in Personal Interviews
- 13 must do things to crack GD-PI-WAT
- 14 parameters on which you are judged in WAT-GD-PI
- VARC preparation tips for MBA exams
- DILR preparation tips for MBA exams
- Quantitative Aptitude Preparation Tips for MBA exams
Commonly asked questions
A major difference between private MBA institutes and government MBA institutes is course fee. While, the course fee of private MBA institutes is normally high INR 8 Lacs and upwards, the course fee of government MBA institutes is much less (up to INR 2 Lacs on an average). Secondly, all government MBA institutes are UGC recognized, but it may not be so with all private institutes.
Since, MBA is an expensive educational programmes, the fees is on the higher side. Normally, MBA fees ranges from INR 2 Lacs to INR 30 lakh. The lowest fee of a full time MBA programme in India is the programme offered by Faculty of Management Studies, Delhi which is INR 40,000 per semester.
Most MBA institutes offer scholarships on merit basis (academic records, entrance exam score, performance in first year of MBA) or on the basis of caste category (SC/ST/EWS/PwD). Candidates can check scholarship criteria of their preferred MBA college to avail the provision.
Many MBA institutes in India provide financial aid to their students by helping them in availing educational loans offered by nationalized banks. The loan can be repayed after the candidate has completed the programme and been selected for a job during campus placements. The aspirants must check for this facility before applying.
MBA Admission Important Dates
Take a look at the table below for the complete schedule of MBA Admission 2026 exam
| Dates | Past Exam Dates |
|---|---|
| 04 Jan ' 26 | XAT 2026 |
| 20 Dec ' 25 | SNAP 2025 -3 |
| 14 Dec ' 25 | SNAP 2025 -2 |
FAQs on MBA Admission in Mumbai
Check here FAQs related to MBA admission:
Yes, final year graduation students are eligible to apply for MBA, however their admission will be provisional until submission of final year marksheet. Most of the colleges ask the candidates to submit their graduation certificate or final year marksheet by October. They should have scored a minimum of 50 percent aggregate in graduation (45 per cent for SC/ST/PwD).
In most of the MBA colleges, the weightage of GD/PI for admission is higher than or equal to entrance exam score. At several IIMs, while CAT score has 30 percent weightage, GD/PI has 40 percent weightage. At non-IIMs too, more weightage is given to GD/PI as shortlisting of candidates is mainly based on personality assessment, to judge whether the candidate can be a good manager or not.
The duration of work experience vary from institute to institute. However, the aspirants must note that too many (over five years) or too less (one year or less) work experience are considered appropriate. If you have over 5 years of work experience, then EMBA programme is more suitable for you.
Many MBA colleges in India including the IIMs have the provision of deferral. Which means you can block a seat in the college upon final selection and join the course in the next batch (a year later). However, the candidates must check the rules and regulations of their desired institute before applying to confirm whether it offers this provision.
MBA Admission Exam
Student Forum
Answered 19 hours ago
There is no option of free full-time MBA, however, some professional education platforms offer free online MBA in India. Such courses come with certificates, and you can easily enroll and learn skills at your own pace. However, for verified certificate you will have to pay the requisite fees.
M
Contributor-Level 7
Answered 19 hours ago
Yes, IDFC provides a scholarship of INR 2 Lacs (INR 1 Lacs per year) for selective students. Candidates can apply for this scholarship by filling the online form for MBA scholarship programme at the IDFC bank website and following further process. Scholarship will be given to deserving candidates af
A
Contributor-Level 7
Answered 19 hours ago
There is no provision of 100 % scholarship for MBA in IIM. The institutes provide merit based and merit-cum-means based scholarships. There are options of percent based fee waiver and bank loan assistance too. However, no IIM offers 100 % scholarship for MBA.
A
Contributor-Level 7
Answered 19 hours ago
Yes, most of the MBA colleges in India offer scholarship and fee waiver schemes for meritorious students and those who belong to weaker sections of the society. Scholarship at various MBA colleges are based on various criteria such as entrance exam score, academic score, family income, sports and EC
Answered 2 days ago
ITM Business School, Navi Mumbai offer two-year MBA programme in different specialisations. Candidates wishing to take admission into this course, should have passed graduation with at least 50% marks. The college accepts entrance exam score of exams such as iSET score in addition to the following E
R
Contributor-Level 10
Answered 3 days ago
Yes, there is an application fee for GIBS admissions, but it is not very high.
- For PGDM/MBA, the application fee is around ₹900–₹1000
- For BBA (UG), it is around ₹600–₹800
- It is just a registration/application fee, not admission confirmation
- You still have to go through eligibility check, interview, and
P
Contributor-Level 8
Answered 5 days ago
No, CAT is not required for Audisankara College of Engineering and Technology MBA admissions. The college instead accepts Andhra Pradesh ICET scores to shortlist students for the programme.
U
Contributor-Level 10
Answered 5 days ago
MBA admission at MIT College of Management is based on entrance exam scores. The college accepts score of exam such as MBA CET/CAT/XAT/ATMA/GMAT/AIMA. Following this, candidates maybe asked for group discussion and personal interview rounds.
R
Contributor-Level 10
Answered 6 days ago
Global Institute of Business Studies Bangalore is good for students who want to study management and also improve their confidence and communication skills.
- Students who are shy and want to become confident
- Students who want to speak better and improve personality
- Students interested in business, marke
P
Contributor-Level 8
Answered a week ago
Students must fulfil the Ashoka Women's Engineering College MBA eligibility to get a seat in the programme. The minimum eligibility is as below:
- UG degree in any stream from a recognised university
A
Contributor-Level 10
How to do an MBA free of cost in India?