MBA Colleges in Mumbai 2022
Saurav Anand
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September 26, 2022
MBA Colleges in Mumbai
Mumbai, the monetary and business capital of India, is additionally among the top MBA objections in the country. Without a doubt, Mumbai is one of India’s driving MBA objectives. Best MBA universities in Mumbai offer quality MBA schooling with high situations. It is likewise a center point of schooling in administration, innovation, and partnered areas. Expert in Business Administration or MBA is one of the most famous post-graduate projects in Mumbai. The two-year program is an entryway to plenty of open positions in the corporate world.
In light of rumored rankings, among the top 10 MBA universities in Mumbai, some of them are JBIMS Mumbai; SPJIMR Mumbai; NMIMS Mumbai; K J Somaiya Mumbai, and NITIE Mumbai. In the event that we extend this rundown, SJMSOM-IIT Mumbai, Welingkar Mumbai, SIMSREE Mumbai, SIES Mumbai, IESMCRC Mumbai, and Kohinoor Business School are additionally profoundly positioned MBA universities in Mumbai. Every one of these administration organizations makes Mumbai a favored MBA objective. An MBA proficient should have characteristics like brilliant correspondence, initiative, critical thinking, the board, research-arranged, scientific reasoning, eye for detail, objective situated and capacity to work under, areas of strength for tension abilities, and so on.
MBA Colleges in Mumbai Eligibility Criteria
The qualification rules for MBA courses might vary from one school to another. Notwithstanding, the essential qualification rules for top MBA schools in Mumbai are as per the following:
- Competitors probably passed graduation in any discipline or identical from a perceived college as a fundamental qualification measure for MBA (full-time).
- The greater part of the foundations follows the base score measures in graduation which is 50% in normal or same. For saved class students, the base score is 45% in total.
- Last year graduation up-and-comers are additionally qualified to apply for MBA, given they present the verification of finishing of graduation degree inside the span indicated by the establishment.
MBA Colleges in Mumbai with NIRF Ranking
NIRF positioning and Shiksha rating is given to the MBA universities in Mumbai based on education, learning and assets, exploration and expert practice, graduation results, and friend discernment. Up-and-comers can check the rundown of top MBA universities in Mumbai and their NIRF 2020 and Shiksha rating(aggregate)
| Colleges | Placement Ratings (Based on Reviews) | Top Recruiters |
|---|---|---|
| Northpoint Centre of Learning, Mumbai | 4.9 | Dentsu Aegis, Future Group, Google, JWT, Kotak Securities, Leo Burnett, Lowe Lintas, Ogilvy, PepsiCo, Publicis, Webchutney, etc. |
| National Institute of Industrial Engineering (NITIE), Mumbai | 4.6 | Dabur, HCCB, Maruti Suzuki, ICICI Bank, Marico, Nestle, Capgemini, Delloite, Accenture, TATA Motors, Castrol, TVS, Asian Paints, ITC, Cognizant Business Consulting, KPMG, Aditya Birla Capital, Genpact, General Electric, Google, IBM, etc. |
| Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay | 4.6 | Axis Bank, DE Shaw & Co, JPMorgan Chase, Bank of America, Accenture, Deloitte, Flipkart, Google, Infosys, Tech Mahindra, HP, Goldman Sachs, Britannia, Johnson & Johnson, Capgemini, Nestle, RBL Bank, Proctor & Gamble, Wipro, etc. |
| ASM's Institute of Management & Computer Studies (IMCOST), ThaneZ | 4.4 | Accenture, Capgemini, CyberTech Systems and Software, Global Logic, Godrej, HDFC Bank, Hindustan Petroleum, Hindustan Times, HP, IBM, ICICI Prudential, Jaro Education, L&T Infotech, Mainstay, Reliance Communication, Saint Gobain, Tech Mahindra, Wipro, Yes Bank, HCL, Tech Mahindra, Siemens, Cognizant, Giant Krafters, Hexaware Technologies, etc. |
| Sydenham Institute of Management Studies Research and Entrepreneurship Education, Mumbai | 4 | Aditya Birla Group, Axis Bank, Barclays Investment Bank, Citi Group, Deloitte USI, Duff & Phelps, Ernst & Young, HDFC Ltd, ICICI Group, Infosys, JP Morgan Chase & Co, Nielsen, Saint Gobain, etc. |
There are roughly 151 MBA schools in Mumbai which offer MBA courses, out of these 111 are private, 10 are Government MBA universities in Mumbai and the rest are public-private universities. Here is the rundown of a portion of the top private and public MBA universities in Mumbai:
Course Fee (in Rs)
Dr. DY Patil University’s School of Management (DYPUSM), Navi Mumbai
8.4 L
Kohinoor Business School (KBS), Mumbai
5.5 L
Sir M. Visvesvaraya Institute of Management Studies and Research (SVIMS), Mumbai
4.6 L
ASM’s Institute of Management and Computer Studies (IMCOST), Thane
2.31 L – 6.5 L
GNVS Institute of Management (GNVSIOM), Mumbai
3.5 L
Rundown of top public MBA universities in Mumbai
Public Colleges
Course Fee (in Rs)
Goodbye Institute of Social Sciences (TISS), Mumbai
40.6 K – 1.05 L
Bombay Stock Exchange (BSE) Institute, Mumbai
5.6 L – 30.76 L
Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay, Mumbai
8.32 L
Public Institute of Industrial Engineering (NITIE), Mumbai
6.63 L – 14.63 L
Sasmira’s Institute of Management Studies and Research
3.8 L
Top MBA universities in Mumbai acknowledge scores acquired by students in various public or state-level assessments including CAT, MAT, XAT, CMAT, ATMA, MAH CET, NMAT, MHT CET, TISSNET, WLCI Aptitude Test, and so on.
How affordable is studying MBA in Mumbai?
Based on the below pie chart, it can be estimated that pursuing MBA in Mumbai is very expensive as approximately 48% of the colleges have course/annual fees of more than Rs 5 lakh. Some of these colleges are:
- Shailesh J. Mehta School of Management, IIT Bombay
- Indian Institute of Management, Indore – Mumbai Campus
- ITM Business School
- School of Management, D.Y. Patil University
- Kohinoor Business School
- ASM’s Institute of Management & Computer Studies
- Vivekanand Education Society Institute of Management Studies and Research
- CII School of Logistics, Amity University- Mumbai
The fees of around 24% colleges ranges between Rs 3-5 lakh. Some of these colleges are:
- Jankidevi Bajaj Institute of Management Studies
- Sasmira’s Institute of Management Studies and Research
- GNVS Institute of Management
- Sir M. Visvesvaraya Institute of Management Studies and Research
- Garware Institute of Career Education and Development, University of Mumbai
- Regenesys Institute of Management
- Chetana’s Ramprasad Khandelwal Institute of Management and Research
Approximately 11% of MBA colleges have a moderately expensive fee structure that ranges between Rs 2-3 lakh. Some of these colleges are:
- Sinhgad Institute of Business Management
- ASM’s Institute of Management & Computer Studies
- MGM Institute of Health Sciences
- Harkisan Mehta Institute of Media, Research and Analysis
- Rustomjee Business School
- K. Institute of Management Studies and Research
- Sheila Raheja School of Business Management & Research
The fees of around 11% of colleges are between Rs 1-2 lakh. Some of these colleges are:
- Sydenham Institute of Management Studies Research and Entrepreneurship Education
- Tata Institute of Social Sciences
- Jankidevi Bajaj Institute of Management Studies
- National Institute of Event Management
- Mahavir Education Trust’s Shah and Anchor Kutchhi Engineering College
- C. Patil College of Engineering
Only around 6% of MBA colleges in Mumbai are economical with a fee structure of less than Rs 1 lakh. These colleges are:
- Tata Institute of Social Sciences
- L. N. Welingkar Institute of Management Development and Research – Online Distance Learning Center
- National Institute of Event Management
- NIBMS
- FINPLAN – International Institute of Management
- Institute of Business Management Studies
Frequently Asked Questions:
Q. Which are the top Colleges In Mumbai based on 2022 Ranking?
Ans. List of Top Colleges In Mumbai based on 2022 Ranking
- IIT Bombay, Mumbai. Mumbai, Maharashtra | AICTE, UGC Accredited.
- ICT Mumbai, Mumbai.
- IHM Mumbai, Mumbai.
- Mithibai College of Arts, Mumbai.
- Ramnarain Ruia Autonomous College, Mumbai.
- SJMSOM, Mumbai.
Q. Is an MBA in Mumbai valuable?
Ans. The highest income for the MBA HR batch at the Mumbai campus was INR 21 LPA. During the placement, PPOs were also issued to 24 percent of the MBA Core class and 23 percent of the MBA HR batch. The average pay for the MBA program was 18.45 LPA.
Q. What are the various specialties available in MBA courses in Mumbai?
Ans. The top seven specialities provided by MBA institutions in Mumbai are as follows: Finance Operations in Entrepreneurship Sales and marketing Business Economics, Family Business, and Human Resources are all business words.
Q. Which is the top MBA college in Mumbai in terms of placements?
Ans. The top five MBA institutions in Mumbai in terms of placements are National Institute of Industrial Engineering (NITIE), Mumbai, Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay, Mumbai, SPJIMR, Mumbai, KJ Somaiya Institute of Management, Mumbai, and NMIMS School of Business Management.
Q. Which MBA colleges in Mumbai offer the most comprehensive study materials?
Ans. All of the colleges on our list of the Finest MBA Colleges in Mumbai provide good study resources, but students consider Rank 1 to be the best.