Mumbai

Hello Ashish! Both MBA and MMS are the same; just the name differs. MMS is given by Mumbai University whereas Pune(and maybe other) University gives MBA. Being a Mumbaikar, MMS is an ideal choice for you.

Hello Tripti,
MMS is a better option if you're doing it from the top six colleges: JB, SIMSREE, Somaiya, Welingkar, SIES and Dalmia. Else there's no difference in pursuing MMS/MBA/PGDM from the other colleges. If ROI is a concern for you, then choose MMS as the fees are generally less unlike PGDM from ITM. You can keep ITM as a backup option, if you don't get a college under top 10-12 for MMS.

Tough chances for MMS. You can apply for PGDM AIMA if you haven't applied for core PGDM.

Hi, check out the last merit rank to get the seat at different centers for different courses here: -
http://www.nift.ac.in/Downloads/Last Merit Rank-2016.pdf .
You can get in for OBC seat in almost all the courses. For fashion design, the last rank to get the OBC seat was 611. You can also try for NRI seat or OBC in the 2nd round.