Updated on Aug 5, 2025 17:30 IST
Muskan Chugh

Muskan ChughContent Writer

Top Private MBA Colleges in Mumbai (All): Ranking, Fees, Admissions 2025, Courses, Placements

Students can pursue an MBA at 4 colleges in Mumbai. These colleges are all privately owned. The process for admission to the top MBA colleges in Mumbai is based on the scores of entrance exams like CAT, XAT, CMAT, ATMA, MAH CET, etc. Some of the best private MBA colleges in Mumbai include S.P. Jain Institute of Management and Research, Mumbai, Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS, Mumbai; K.J. Somaiya Institute of Management, and Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai.

Top Private MBA Colleges in Mumbai (All): Highlights 2025

Students who wish to build a career in the field of management and administration can pursue an MBA. It is a 2-year postgraduate degree. Here are some details about the best private MBA colleges in Mumbai.

Particulars

Details

Number of Private MBA Colleges in Mumbai (All)

4 colleges

Annual Fees

More than INR 5 Lakh: 4 colleges

Top Private MBA Colleges in Mumbai (All)

S.P. Jain Institute of Management and Research, Mumbai, Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS, Mumbai, K J Somaiya Institute of Management, and Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai

Top Private MBA Specializations

Finance, Human Resources, Entrepreneurship, Operations, Sales & Marketing, and Family Business

Accepted Entrance Exams

CAT, XAT, CMAT, ATMA, MAH CET, etc.

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

Top Private MBA Colleges in Mumbai (All): NIRF Ranking 2025

The NIRF, or the National Institutional Ranking Framework, was formed by the Ministry of Education to rank colleges and universities across India. These rankings are based on various criteria like placements, infrastructure, faculty, etc.

Students can take a look at the table below for some details about the past three-year NIRF 2025 rankings of the top private MBA colleges in Mumbai.

College Name

NIRF 2023

NIRF 2024

NIRF 2025

S. P. Jain Institute of Management & Research Ranking

20

20

20

SVKM's Narsee Monjee Institute of Management Studies Ranking

21

21

24

K. J. Somaiya Institute of Management Ranking

45

63

65

PRIN. L. N. Welingkar Institute of Management Development and Research (PGDM) Ranking

73

84

75

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

Top Private MBA Colleges in Mumbai (All): Admission 2025

Here are the general eligibility criteria that students must fulfill for pursuing a degree from the top private MBA colleges in Mumbai.

  • Candidates must have passed graduation in any discipline or equivalent from a recognised university as an essential eligibility criterion for MBA (full-time).
  • Most institutes follow the minimum score criteria for graduation, which is 50% aggregate or equivalent CGPA. For reserved category students, the minimum aggregate is 45% or the equivalent CGPA.
  • Universities and colleges also admit students based on entrance exams such as CAT, XAT, CMAT, MAT, and many others.

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

Read More: MBA Admission

Top Private MBA Colleges in Mumbai (All): Exam Schedule 2025

Some of the most popular entrance exams through which students are admitted to the top private MBA colleges in Mumbai, are listed in the table below, along with details about their dates, schedules, and syllabus.

Exam Name

Exam Date

Exam Schedule

Exam Syllabus

CAT

30 November 2025 (Tentative)

CAT Schedule

CAT Syllabus

XAT

January 2026 (Tentative)

XAT Schedule

XAT Syllabus

CMAT

January 2026 (Tentative)

CMAT Schedule

CMAT Syllabus

ATMA

December, 2025

ATMA Schedule

ATMA Syllabus

MAH CET

April 2026 (Tentative)

MAH CET Schedule

MAH CET Syllabus

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

Top Private MBA Colleges in Mumbai (All): Admission and Fees 

Refer to the table below for details about the course fees at the private MBA colleges in Mumbai.

College Name

Average Fees

S.P. Jain Institute of Management and Research, Mumbai Admission

INR 24.00 Lakh

Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS, Mumbai Admission

INR 22.90 Lakh

K J Somaiya Institute of Management Admission

INR 21.34 Lakh

Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai Admission

INR 14.00 Lakh

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

Top Private MBA Colleges in Mumbai (All): Fees vs Salary

ROI (Return on Investment) is a metric used to assess the profitability of an investment. Below is a comparison of the average fees and placement salaries of top private MBA colleges in Mumbai.

College Name

Average Fees

Average Package

S.P. Jain Institute of Management and Research, Mumbai MBA

INR 24.00 Lakh

Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS, Mumbai MBA

INR 22.90 Lakh

INR 20.00 LPA

K J Somaiya Institute of Management MBA

INR 21.34 Lakh

INR 12.00 LPA

Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai MBA

INR 14.00 Lakh

INR 10.00 LPA

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

Top Private MBA Colleges in Mumbai (All): Placements and Top Recruiters

Learn more about the placement salary and top recruiting companies that hire students from the top private MBA colleges in Mumbai.

College Name

Average Placement Salary

Top Recruiters

S.P. Jain Institute of Management and Research, Mumbai Placements

GODREJ, PayTM, Amazon, Nestle, KPMG, ITC, PwC, etc.

K J Somaiya Institute of Management Placements

INR 12.00 LPA

ITC, Marsh, GEP, Deloitte, Gartner, Tata Capital, JP Morgan, etc.

Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai Placements

INR 10.00 LPA

Adani Group, Amazon, CapGemini, Reliance, Morgan Stanley, etc.

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

Read More: MBA Career

Cost of Studying at the Top Private MBA Colleges in Mumbai (All)

Here is a fee-wise bifurcation of the top private MBA colleges in Mumbai:

Average Course Fees Range

No. of Colleges

More than INR 5 Lakh

4 colleges

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

Top Private MBA Colleges in Mumbai (All): Comparison

Here is a comparison of the top private MBA colleges in Mumbai:

Read More

Selected Filters

Location

Total Fees

Rating

Ownership

Specialization

Exams Accepted

Choose rank publishers
20
NIRF ' 25
(All India)
S.P. Jain Institute of Management and Research, Mumbai
4.2

Placements

4.2

Infrastructure

4.0

Faculty & Course Curriculum

4.3

Crowd & Campus Life

4.3

Value for Money

4.3

Learning Experience

0.0

Course Support

0.0
(52)
Fees: 22.50 Lakh
Salary : 30.00 Lakh
1
Times ' 24
Not Ranked
Outlook ' 25
Q&A Icon
Commonly asked questions
On Top Private MBA Colleges in Mumbai (All): Ranking, Fees, Admissions 2025, Courses, Placements
Q:   Are there any top-ranked private MBA colleges in Mumbai (All)?
A: 

Yes, there are 4 top private MBA colleges in Mumbai. Students can get admission to these colleges on the basis of entrance exams like CAT, XAT, CMAT, ATMA, MAH CET, etc.

Q:   What should I know about the private MBA colleges in Mumbai (All) before admission?
A: 

Some important details that students should know about the top private MBA colleges in Mumbai are given in the table below:

Particulars

Details

Number of Private MBA Colleges in Mumbai (All)

4 colleges

Annual Fees

More than INR 5 Lakh: 4 colleges

Top Private MBA Colleges in Mumbai (All)

S.P. Jain Institute of Management and Research, Mumbai, Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS, Mumbai, K J Somaiya Institute of Management, and Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai

Top Private MBA Specializations

Finance,  Human Resources,  Operations,  Operations,  Sales & Marketing, and Family Business

Accepted Entrance Exams

CAT, XAT, CMAT, ATMA, MAH CET, etc.

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

Q:   Which is the best private MBA college in Mumbai (All)?
A: 

The top private MBA colleges in Mumbai, according to the list released by the NIRF for the year 2025, are given in the table below:

College Name

NIRF 2023

NIRF 2024

NIRF 2025

S. P. Jain Institute of Management & Research Ranking

20

20

20

SVKM's Narsee Monjee Institute of Management Studies Ranking

21

21

24

K. J. Somaiya Institute of Management Ranking

45

63

65

PRIN. L. N. Welingkar Institute of Management Development and Research (PGDM) Ranking

73

84

75

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

Q:   What are the qualifications required to pursue MBA?
A: 

The eligibility criteria for MBA is Graduation. However, many colleges prescribe minimum marks in aggregate in Graduation  (50 percent for General and 45 percent for SC/ST candidates) or equivalent from a recognised university. Students need to appear in entrance exams like CAT, MAT, XAT, NMAT, and CMAT and get a valid score to ensure their entry into good management colleges. Also, they need to clear Group Discussions/ Personal Interviews (GD/PI) to secure their seat. They can opt for the college of their choice and complete the admission process.

24
NIRF ' 25
(All India)
Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS, Mumbai
4.3

Placements

3.3

Infrastructure

4.5

Faculty & Course Curriculum

4.7

Crowd & Campus Life

4.7

Value for Money

4.2

Learning Experience

0.0

Course Support

0.0
(11)
Fees: 3.27 Lakh
Not Ranked
Times ' 24
Not Ranked
Outlook ' 25
Q&A Icon
Commonly asked questions
On Top Private MBA Colleges in Mumbai (All): Ranking, Fees, Admissions 2025, Courses, Placements
Q:   Do I have to take entrance exams for admission to the private MBA colleges in Mumbai (All)?
A: 

The entrance exams required for admission to the top private MBA colleges in Mumbai are listed in the table below, along with some other details:

Exam Name

Exam Date

Exam Schedule

Exam Syllabus

CAT

30 November 2025 (Tentative)

CAT Schedule

CAT Syllabus

XAT

January 2026 (Tentative)

XAT Schedule

XAT Syllabus

CMAT

January 2026 (Tentative)

CMAT Schedule

MAH Syllabus

MAH 2025

ATMA Schedule

ATMA Syllabus

MAH CET

April 2026 (Tentative)

MAH CET Schedule

MAH CET Syllabus

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

Q:   What is the cost of studying at a top private MBA college in Mumbai (All)?
A: 

The average course fees that the students must pay to be admitted to the top private MBA colleges in Mumbai are given below:

Average Course Fees Range

No. of Colleges

More than INR 5 Lakh

4 colleges

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

Q:   What is the ROI on an MBA course from the private colleges in Mumbai (All)?
A: 

The ROI can be evaluated by comparing the fees and placement salary at the top private MBA colleges in Mumbai. These details are provided in the table below:

College Name

Average Fees

Average Package

S.P. Jain Institute of Management and Research, Mumbai MBA

INR 24.00 Lakh

Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS, Mumbai MBA

INR 22.90 Lakh

INR 20.00 LPA

K J Somaiya Institute of Management MBA

INR 21.34 Lakh

INR 12.00 LPA

Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai MBA

INR 14.00 Lakh

INR 10.00 LPA

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

Q:   What is the scope of MBA?
A: 

The scope of MBA course is increasing day by day. MBA is one of the big job oriented professional programme and the most one which has been sought by the students. Once you have completed your degree, you have a great job opportunity in the industrial world. You may the manager or executive in term of designation.

The management term is most suited to the managers and that's why it is the way, where you can reach on the top of the height as soon as possible by using your leadership and working proficiency. An MBA professional always plays a vital role in his/her company and this is why he used to keep in touch with the board of directors. No need to specify the companies who recruit the MBA professionals. All sectors including government and public have various industries, companies, institutions or related organizations, come in the job prospective fields for an MBA professional.

Some job profiles are listed here:

  • Brand Manager
  • Account Manager
  • International Business Manager
  • Marketing Executive
  • Business Technical Consultant

All the best.

65
NIRF ' 25
(All India)
K J Somaiya Institute of Management
4.2

Placements

3.9

Infrastructure

4.4

Faculty & Course Curriculum

4.1

Crowd & Campus Life

4.3

Value for Money

4.2

Learning Experience

0.0

Course Support

0.0
(201)
Fees: 21.34 Lakh
Salary : 12.00 Lakh
Not Ranked
Times ' 24
10
Outlook ' 25
Q&A Icon
Commonly asked questions
On Top Private MBA Colleges in Mumbai (All): Ranking, Fees, Admissions 2025, Courses, Placements
Q:   Which companies hire students from the private MBA colleges in Mumbai (All)?
A: 

Some companies that hire students from the top private MBA colleges in Mumbai are listed in the table below, along with the average placement salary at these colleges.

College Name

Average Placement Salary

Top Recruiters

S.P. Jain Institute of Management and Research, Mumbai Placements

GODREJ, PayTM, Amazon, Nestle, KPMG, ITC, PwC, etc.

K J Somaiya Institute of Management Placements

INR 12.00 LPA

ITC,  Marsh,  GEP,  Deloitte,  Gartner,  Tata Capital,  JP Morgan, etc.

Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai Placements

INR 10.00 LPA

Adani Group, Amazon, CapGemini,  Reliance, Morgan Stanley, etc.

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

Q:   Which MBA specialisations can I pursue at the private MBA colleges in Mumbai?
A: 

Some MBA specialisations that students can pursue at the top private MBA colleges in Mumbai are Finance,  Human Resources,  Entrepreneurship,  Operations,  Sales & Marketing, Family Business, etc.

Q:   What are the documents required for admission to MBA course in India?
A: 

The Documents that are required for Admission in MBA are Mentioned below. These Documents are required during the verification process after the candidates are selected into the College.

  • Class 10 marksheet and 12 marksheets
  • Degree (UG/PG) marksheets
  • Degree (UG/PG) certificate
  • NMAT scorecard
  • Migration certificate
  • Work experience certificate
  • Medical fitness certificate (in original, signed by Registered Medical Practitioner)
Q:   What is the difference between MBA and PGDM?
A: 

The main subjects in MBA and PGDM are almost the same and includes topics like Human Resource Management, Financial Management, Business Economics and Communication skills. The main difference between MBA and PGDM are:

Points of Difference

MBA

PGDM

Full form

Master of Business Administration

Post Graduate Diploma in Management

Course Level

Degree

Diploma

Eligiblity

Bachelor's degree with 50 per cent marks

Bachelor degree in any discipline

Accredition

University Grants Commission (UGC)

All India Council for Techncial Education (AICTE)

 

75
NIRF ' 25
(All India)
Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai
4.0

Placements

3.7

Infrastructure

4.3

Faculty & Course Curriculum

4.1

Crowd & Campus Life

4.1

Value for Money

3.7

Learning Experience

0.0

Course Support

0.0
(237)
Fees: 14.00 Lakh
Salary : 10.00 Lakh
Not Ranked
Times ' 24
17
Outlook ' 25

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