Colleges in Mumbai

S. P. Jain Institute of Management and Research-Mumbai
Narsee Monjee Institute of Management Studies -Mumbai
K.J. Somaiya Institute of Management Studies and Reserach-Mumbai
Prin. L.N. Welingkar Institute of Management Development and Research-Mumbai
These are some of the top colleges.

You need to give a gap certificate. However, it is advisable to consult the university's office.

Hi Rahul,
For information regarding this, please follow the link:
https://www.shiksha.com/mba/exams/tissnet

First of all, crack the JEE Advanced with exquisite marks so that you will get high rank in JEE Advanced to get admission in IIT-Bombay.

You can do MBA finance from Mumbai University. But need to have valid graduation degree to get admission.

If you would like to seek a degree, it's better to join a college- avoid joining institutes. Both Arena and MAAC institutes work under the franchise model.
However, you will have a good atmosphere and teaching medium in Arena. MAAC, on the other hand, gives good fundamental knowledge to the students and even secures some projects from real time filmmakers and it even lets their students work on some of the projects.