MBA in Mumbai

Hello,
You may refer the links below:
1) https://www.shiksha.com/mba/colleges/mba-in-it-systems-colleges-mumbai-all
2) https://www.shiksha.com/mba/colleges/mba-colleges-cuttack

There isn't any college for MBA named as NAMED in Mumbai. Specify the name properly!

You can get Indian Education Society, Thakur college of Management, Chetna Institute (not for MMS but for their PGDM programme), Lala Lajpat Rai Institute of Management, Haji Ali, Alkesh Dinesh Modi Institute of Management Studies, Kalima campus and Mumbai University only. The average package of all these institutes is 4 Lacs and average 90% placement is offered by them. Also, you have no other option at this score.

There are universities like SMU and Annamalai University and they provide it with less fee.

https://www.shiksha.com/mba/ranking/top-mba-colleges-in-mumbai-all/2-2-0-10224-0
Please click on the above link to get a list of good MBA colleges in Mumbai. Choose the best college by comparing them with:
https://www.shiksha.com/resources/college-comparison

The main difference between MBA and PGDM is, that MBA is a degree and is offered by universities, whereas, PGDM is a post-graduate diploma offered by AICTE approved institutes.
Indian universities come under the University Grants Commission (UGC) and can, therefore, award degrees like the MBA degree, also known as MMS in Mumbai. Universities follow the UGC format for course content. On the other hand, reputed management institutes design their courses based on industry feedback and business relevance. They are not covered under the UGC.
https://www.shiksha.com/mba/colleges/mba-colleges-india

Fees for MMS : Rs. 4.5 lacs for 2 years.
Fees for PGDM : Rs. 6.5 lacs for 2 years.

There is no cut off as such. The selection is profile based.

The process has been over. The first list is out.