Mumbai’s Top 20 MBA Colleges
Saurav Anand
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May 30, 2022
Top 20 MBA colleges in Mumbai
Top 20 MBA colleges in Mumbai - Top 20 MBA colleges in Mumbai 2022 is the list of government MBA colleges in Mumbai with fees as well as Top 20 MBA colleges in Mumbai 2022 through cet. IIT Bombay tops in the list of Top 10 government MBA colleges is Mumbai. The Top 20 MBA colleges in Mumbai 2022 also comes in the list of top MBA Colleges in India due to their Popularity among students.
Top 20 MBA colleges in Mumbai 2022 2022 offer online, offline, and distance learning MBA and PGDM (Postgraduate Diploma in Management) programmes. More than 260 of India's best MBA colleges are located in Mumbai, also known as the "City of Dreams" or the "Finance Capital of India." In Mumbai, the AICTE has authorised 57 MBA programmes, while the UGC has approved 17. At the Best MBA institutes in Mumbai, MBA programmes are provided in a number of specialties, ranging from Best MBA colleges in Mumbai for finance and Best MBA colleges in Mumbai for Marketing to supply chain management and urban planning.
- Out of a total of 262 MBA colleges in Mumbai, there are approximately 106 private MBA colleges in Mumbai and 11 government MBA colleges in Mumbai
- According to the NIRF Ranking 2021, Indian Institute of Technology (IIT) Bombay, National Institute of Technology (NIT) Bombay, Indian Institute of Technology (IIT) Bombay are few of the Top 20 MBA colleges in Mumbai 2022.
- The Shailesh J. Mehta School of Management [SJMSOM], SPJIMR, IIT Bombay, and SBM NMIMS are among the best MBA institutes in Mumbai. A test known as the CAT is used to select MBA admissions to the Best MBA Colleges in Mumbai.
- Many colleges accept scores from other management admission tests, such as the MAT, XAT, NMAT, CMAT, ATMA, MAH CET, and even the GMAT and GRE. IHM Mumbai, Bharati Vidyapeeth College of Hotel and Tourism Management Studies - [BVCHTMS] Navi Mumbai, and ITM Institute of Hotel Management - [ITM-IHM] Mumbai are some of the leading hotel management institutes in Mumbai.t
- Tuition for MBA/PGDM programmes at the Top 20 MBA colleges in Mumbai 2022 might range from INR 50,000 to INR 30 lakhs per year, depending on the university.
- With fees under INR 60,000, K. C. College of Management Studies - [KCCMS] Mumbai, ISMS Mumbai, Mumbai University, and KJSCCETR Mumbai are among the Top 20 MBA colleges in Mumbai 2022 2022.
- The best MBA colleges in India offer good placement opportunities, as well as competitive salaries and a high return on investment. CTCs typically range between INR 18 to 30 LPA.
- Top-tier firms including as Accenture, Amazon, Axis Bank, HCL, HDFC, and others engage in placement drives hosted by Mumbai's premier MBA campuses.
- SJMSOM Mumbai, SPJIMR Mumbai, and SBM NMIMS Mumbai, all listed among the Top 20 MBA colleges in Mumbai 2022, are among the best colleges in Mumbai for MBA in Finance.
People also Ask -
Q1. Is MBA in Mumbai Good?
Indeed, Mumbai is one of India's leading MBA destination. Based on reputed Rankings, Top 5 MBA colleges in Mumbai are JBIMS Mumbai, SPJIMR Mumbai, NMIMS Mumbai, K J Somaiya Mumbai and NITIE Mumbai.
Q2. Which college is best for MBA placement?
Top MBA Colleges in India According to the Placements
| #Rank | Name of the College | Highest Salary |
|---|---|---|
| 1 | IIM Ahmedabad | INR 39.81 Lakhs |
| 2 | IIM Bangalore | INR 01.00 Crore |
| 3 | IIM Calcutta | INR 75.00 Lakhs |
| 4 | FMS Delhi | INR 20.10 Lakhs |
Q3. Which colleges provide MBA in Mumbai?
List of top public MBA colleges in Mumbai
| Public Colleges | Course Fee (in Rs) |
|---|---|
| Tata 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 |
Q4. Which MBA is best in Mumbai?
The top 5 MBA colleges in Mumbai based on 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.
- NMIMS School of Business Management, Mumbai.
Q5. What is the fee of MBA in Mumbai?
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| Institute Name | Fees (In Rs lakhs) |
|---|---|
| NMIMS Mumbai: School of Business Management, Narsee Monjee Institute of Management Studies - SBM | 19.76 |
| NITIE Mumbai: National Institute of Industrial Engineering | 12.58 |
| JBIMS Mumbai: Jamnalal Bajaj Institute of Management Studies | 6 |
Top 20 MBA colleges in Mumbai 2022
Here is the list of Top 20 MBA colleges in Mumbai 2022. MBA Colleges in Mumbai with fees are mentioned below:-
| College Name | Average Fees(INR) |
|---|---|
| SPJIMR, Mumbai | 17,50,000 |
| NMIMS, Mumbai | 19,76,000 |
| NITIE Mumbai | 12,53,000 |
| JBIMS Mumbai | 6,00,000 |
| Tata Institute of Social sciences (TISS) | 1,20,000 |
| Shailesh J. Mehta School of Management (SJIMSOM) | 2,55,000 |
| Welingkar Institute of Management Development and Research | 12,00,00-14,00,000 |
| ITM Business School | 10,00,000 |
| N.L. Dalmia Institute of Management studies and Research ( NLDMISR ) | 27,00,000 |
| ICFAI Business School | Around 4,50,000 |
Q6. Is Mumbai Good for MBA?
In fact, Mumbai is one of India's top MBA destinations. Based on reputed Rankings, Top 5 MBA colleges in Mumbai are JBIMS Mumbai, SPJIMR Mumbai, NMIMS Mumbai, K J Somaiya Mumbai and NITIE Mumbai.
MBA schools in Mumbai without an entrance exam Students who have completed their college are eager to get admission to the MBA program due to the job opportunities that it can offer. More than 6,00,00 students have enrolled in the most effective MBA courses across India Admissions to MBA programs are made following an exact process.
The admission to MBA straight away without the need for an entrance test is a fantastic alternative for those who want to work in this field but would prefer not to be involved in MBA exam preparation.
There are 651 public and 3861 private MBA colleges within India and admissions to which most applicants pass entrance tests such as CAT,MAT and XAT. However, some colleges provide admission directly to MBA admission without a formal entrance tests.
Students who do not take entrance tests like OPENMAT or CAT, etc.can make a career in management positions at private institutions.
Q7. Which MBA college offers the best job place in Mumbai?
The five top MBA schools in Mumbai in terms of placements
- 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.
- NMIMS School of Business Management, Mumbai.
Mumbai the capital of finance and business of India is also among many of the top MBA places around the globe. In actual fact, Mumbai is one of India's most sought-after MBA locations.
MBA B schools in Mumbai offer high-quality MBA education which is highly rated and offers high rates of placement. It also serves as a place of education in management, technology and other fields. Master of Business Administration or MBA is one of the most sought-after graduate programs offered in Mumbai. MBA is offered by Mumbai Top Colleges - two-year program leads to numerous jobs in the corporate world.
Mumbai is India's capital city for business. The city of the highest financial standing is often described as a place where dreams are realized. Every year thousands of young Indians load their bags and make their way to Mumbai to chase their goals and goals. Many famous people have said that the busy Mumbai city has given them everything they've ever wanted. If you're seriously thinking about taking up your MBA from Mumbai Here are a few good reasons you should take the plunge.
List of the Top 20 MBA colleges in Mumbai
Here is a list of the Top 20 MBA colleges in Mumbai. Based on some facts, the list is compiled to help prospective MBA candidates to choose the best suitable college in consistence with their needs.
| S.No. | MBA College Name | City |
|---|---|---|
| 1 | Terna Global Business School | Mumbai |
| 2 | Vivekanand Business School | Mumbai |
| 3 | Shailesh J. Mehta School of Management, IIT Bombay | Mumbai |
| 4 | National Institute of Industrial Engineering | Mumbai |
| 5 | SPJIMR - S.P. Jain Institute of Management and Research | Mumbai |
| 6 | SIMSREE - Sydenham Institute of Management Studies Research and Entrepreneurship Education | Mumbai |
| 7 | CII School of Logistics, Amity University- Mumbai | Mumbai |
| 8 | ASM's Institute of Management and Computer Studies | Mumbai |
| 9 | Bombay Stock Exchange Institute, Mumbai | Mumbai |
| 10 | NMIMS School of Business Management, Mumbai | Mumbai |
Conclusion
Best MBA Colleges in Mumbai also called as the Top MBA Colleges in Mumbai 2022 or Best Colleges for MBA in Mumbai are in number of hundreds. The Top 10 MBA Colleges in Mumbai are the best of the 10 colleges that you should go for if you're looking for MBA Colleges in Mumbai. Best Colleges in Mumbai for MBA and their MBA Fees in Mumbai are important if you're searching for MBA Institutes in Mumbai. Colleges in Mumbai are not easy to find but hear are the Top 5 MBA Colleges in Mumbai. MBAMBA Best Colleges in Mumbai are the Top 20 government MBA Colleges in Mumbai also known as PGDM Colleges in Mumbai list of MBA colleges is Mumbai PDF or MBA Top Colleges in Mumbai. MBA Government Colleges in Mumbai are also chosen for minimum fees and Scholarships MBA Colleges in Mumbai List for Mumbai Top MBA Colleges or Top Colleges for MBA in Mumbai are mentioned in this article. MBA Fees in Mumbai university is in the number of lakhs but Government MBA Colleges in Mumbai have lesser fees. MBA in Mumbai is very popular and the Top Business Schools in Mumbai or Top MBA Colleges in Mumbai with low Fees are chosen for the same.
MBA Colleges in Mumbai: Specialization Wise List
There are numerous possibilities for specializations in MBA that an applicant could pursue depending on their passion and desire to complete the program. Mumbai is called"the city with dreams" since thousands of people visit Mumbai to fulfill their goals and strive for even greater goals. Mumbai is considered to be the capital of finance in the nation. There are numerous tourist attractions in Mumbai. Mumbai has many World Heritage Sites which is visited by tourists from all over the globe. Mumbai is well-known due to the famous Vada Pav as well which people love eating whenever they visit Mumbai.
Mumbai is home to 163 MBA colleges. Candidates can choose any of the schools that appeal to their needs. It's based on who they want to accept into the program. There are numerous institutions in Mumbai which offer the specialization of MBA.
Some of the colleges are listed below with the specialization that they provide in the course :
MBA in Marketing Management Colleges in Mumbai
| Name of the College | NIRF 2020 Ranking | Careers360 Rating | Entrance Test | Fees |
|---|---|---|---|---|
| KJ Somaiya Institute of Management | 56 | 51 | CAT, CMAT, XAT, GMAT and MAH MCA CET | Rs. 2.47 - 14.93 lakhs |
| Prin LN Welingkar Institute of Management Development and Research | 68 | 54 | CAT, XAT, CMAT and GMAT, MAT, ATMA, MAH MBA CET | Rs. 1.60 lakhs |
| Sydenham Institute of Management Studies, Research and Entrepreneurship Education | -- | AAA | CAT, CMAT and MAH MBA CET | -- |
| IES Management College and Research Centre | - | AA+ | MAH MBA CET, CAT and GMAT | Rs. 1.38 lakhs |
| MET Institute of Management | -- | -- | GMAT and MAH MBA CET | -- |
MBA in Human Resource Management Colleges in Mumbai
| Name of the College | NIRF 2020 Ranking | Careers360 Rating | Entrance Test | Fees |
|---|---|---|---|---|
| Narsee Monjee Institute of Management Studies | 24 | 33 | NMAT, GRE and GMAT | Rs. 18.50 lakhs |
| KJ Somaiya Institute of Management | 56 | 51 | CAT, CMAT, XAT, GMAT and MAH MBA CET | Rs. 2.47 - 14.93 lakhs |
| Prin LN Welingkar Institute of Management Development and Research | 68 | 54 | CAT, XAT, CMAT and GMAT, MAT, ATMA, MAH MBA CET | Rs. 1.60 lakhs |
| St Francis Institute of Management and Research | -- | AA | CAT, XAT, GMAT, MAT CMAT and MAH MBA CET | -- |
| Jankidevi Bajaj Institute of Management Studies | -- | -- | CAT, CMAT and MAH MBA CET | -- |
MBA in Financial Management Colleges in Mumbai
| Name of the College | NIRF 2020 Ranking | Careers360 Rating | Entrance Test | Fees |
|---|---|---|---|---|
| KJ Somaiya Institute of Management | 56 | 51 | CAT, CMAT, XAT, GMAT and MAH MCA CET | Rs. 2.47 - 14.93 lakhs |
| Sydenham Institute of Management Studies, Research and Entrepreneurship Education | - | AAA | CAT, CMAT and MAH MBA CET | - |
| Sinhgad Institute of Business Management | - | - | MAH MBA CET | - |
MBA in Operations Management Colleges in Mumbai
| Name of the College | NIRF 2020 Ranking | Careers360 Rating | Entrance Test | Fees |
|---|---|---|---|---|
| KJ Somaiya Institute of Management | 56 | 51 | CAT, CMAT, XAT, GMAT and MAH MBA CET | -- |
| IES Management College and Research Centre | -- | AAA | CAT, GMAT and MAH MBA CET | -- |
| School of Management, Dr DY Patil University | -- | -- | No Entrance Test | Rs. 8.40 lakhs |
| NMIMS School of Business Management | -- | -- | NMAT | -- |
- Of the total of 262 MBA institutions in Mumbai around 106 are private, while 11, are MBA public colleges in Mumbai.
- Indian Institute of Technology - [IITIIT Mumbai, National Institute of Industrial Engineering, Mumbai, and S. P. Jain Institute of Management & Research are placed at 10, 12, and 19 in NIRF The 2021 ranking.
- Shailesh J. Mehta School of Management, SJMSOM SPJIMR, IIT Bombay, and SBM NMIMS are among the best colleges to pursue an MBA in Mumbai.
- MBA admissions to the best MBA institutions in Mumbai typically take place through an entrance exam known as the CAT. Some colleges will also accept other scores from other exams like CMAT, MAT, the NMAT ATMA MAH CET, or even GMAT and GRE.
- IHM Mumbai, Bharati Vidyapeeth College of Hotel and Tourism Management Studies [BVCHTMSIHM] Mumbai, Bharati Vidyapeeth College of Hotel and Tourism Management Mumbai together with ITM Institute of Hotel Management ITM-IHM Mumbai comprise among the best Hotel Management Colleges in Mumbai.
- The cost of MBA or PGDM classes at the best MBA institutions in Mumbai can range between INR 500,00 to 30 Lakhs each year, based on the institution.
- The top MBA institutions located in Mumbai charge less than INR 60,000. are K. C. College of Management Studies [KCCMSKCCMS Mumbai, ISMS Mumbai, Mumbai University MBA as along with KJSCCETR Mumbai.
- The best MBA institutions in India offer lucrative employment opportunities that pay high salaries and high returns. The average CTC ranges from 18 to 30 LPA.
- Accenture, Amazon, Axis Bank, HCL, HDFC, etc. have been among the best companies who participate in the programs for placement provided by the top MBA colleges in Mumbai.
- SJMSOM Mumbai, SPJIMR Mumbai, and SBM NMIMS Mumbai are the most prestigious schools in Mumbai for students to study MBA with a focus on Finance. They are among the top 10. MBA colleges in Mumbai.
MBA Colleges in Mumbai: Eligibility Criteria -
The eligibility criteria established by various colleges are designed to ensure that admission is granted to students who are qualified for the course. The criteria vary accordingly, but the candidate must meet the eligibility criteria in order to be admitted to the course. The candidate must obtain the required marks in order to be admitted to the course. As a result, the eligibility criteria are designed to admit qualified students.
MBA Eligibility - Candidates seeking an MBA must have a bachelor's degree with at least 50 percent or equivalent from a recognized board or university. They also take college and university entrance exams.
MBA Colleges in Mumbai: Admission Process
Every college's admission process is unique based on the norms and regulations that they establish. The admission process is based on either a merit list or the candidate's performance on the entrance examination. To be admitted to the course, the candidate must follow the college's guidelines.
The following are some of the entrance examinations that are held to grant admission to the course:
- CAT
- XAT
- MAT
- SNAP
- NMAT
- CMAT
- MAHCET
Top 25 MBA Colleges in Mumbai:
Several renowned management institutions are located in Mumbai. The best colleges in Mumbai assist students in developing academic and management abilities as well as providing outstanding professional opportunities. The table below provides an overview of the best MBA colleges in Mumbai listed in no specific order.
| Name of the Institution | Entrance Exam Accepted | Fees |
|---|---|---|
| Shailesh J. Mehta School of Management, IIT Bombay | CAT | ₹8.27 L – 15.21 |
| National Institute of Industrial Engineering | CAT, GATE | Not Prescribed |
| S.P. Jain Institute of Management and Research | CAT, GMAT | ₹17.5 L |
| Sydenham Institute of Management Studies Research and Entrepreneurship Education | CMAT, CAT | ₹69 K |
| ITM Business School | MAH CET, CMAT, CAT | ₹10.45 L |
| SDA Bocconi Asia Center | CAT/NMAT | ₹18.6 L |
| Xavier Institute of Management and Research | MAH CET, CMAT | ₹5.2 L |
| JBIMS – Jamnalal Bajaj Institute of Management Studies | – | ₹7 L |
| VIT – Vidyalankar Institute of Technology | MAH CET, CMAT | ₹3.07 L |
| School of Management, D.Y. Patil University | CAT/NMAT | ₹8.4 L |
MBA colleges in mumbai with low fees
For MBA aspirants looking to pursue their MBA course, Mumbai and Navi Mumbai provide good MBA options. Some MBA colleges charge slightly higher fees, such as SPJIMR and NMIMS, while others, such as SIMSREE and other Mumbai University MBA colleges, charge significantly lower fees.
MBA Colleges in Mumbai with less than Rs. 5 lakh fee:
| Institute Name | Fees (In Rs lakhs) |
|---|---|
| SIMSREE Mumbai: Sydenham Institute of Management Studies And Research And Entrepreneurship Education | 1.36 |
| BVIMSR Mumbai: Bharati Vidyapeeth`s Institute of Management Studies & Research | 4.9 |
MBA colleges in mumbai without entrance exam.
list of MBA colleges in Mumbai where entrance exam scores are not mandatory:
| Institute Name | Course Offered | Fees (INR) |
|---|---|---|
| A.C Patil College of Engineering (ACPEC) | MBA | 1.82 Lakh |
| Aditya Institute of Management Study and Research | MBA/MMS | 7.60 Lakh |
| Amity Global Business School AGBS Mumbai | MBA | 6.24 Lakh |
| Amity University (AU Mumbai) | MBA/MMS | 7.44 Lakh |
| Anjuman-I-Islams Allana Institute of Management Study(AIAIMS) | MBA/MMS | 1.20 Lakh |
| Aruna Manharlal Shah Institute of Management and Research (AMSIMR) | MBA | 3.0 Lakh |
| Atharva Institute of Management studies | MBA | 7.68 Lakh |
| Athena School of Management | MBA/MMS | 12.0 Lakh |
| BVIMSR | MBA/MMS | 4.59 Lakh |
| Chetana's Institute of Management and Research(CMIR) | MBA/MMS | 7.50 Lakh |
Eligibility for Direct MBA Admission in Mumbai
Exams for entrance may not be included in a college's admission requirements for admission to MBA courses or programs, however applicants must meet the minimum eligibility requirements to apply for admission to an MBA/PGDM program. If a student is not able to satisfy these requirements and requirements, they will not be eligible to apply for admission into the MBA school in Mumbai or any other part of the nation. The criteria for eligibility are as below:
- The candidate should have graduated in the undergraduate program with a degree minimum 3 to 4 years.
- Students who are in their final year of school are qualified.
- A minimum of 50% marks for the UG course is required.
- The applicant should have an Indian Resident.
- All academic documents need to be valid.
- The candidate shouldn't be a government employee in active service.
Documents Required for Direct MBA Admission in Mumbai
Certain documents must be provided to applicants prior to when the process of applying for direct admission to any MBA college starts. These documents are required for validation and verification of a person's credentials and personal details. The required documents for direct admission to MBA institutions that are located in Mumbai are:
- Undergraduate Course Marksheets/Provisional Certificates
- Class 10 and Class 12 Marksheets and Certificates
- Identity Proof - Passport Pan Card, Aadhar Card and more.
- Recent Photograph
- Transfer Certificate (if required)
- Certificate of Migration Certificate (if required)
- Gap Year Certificate (if applicable)
- Category Certificate (if appropriate)
Frequently Asked Questions
1. Which college is better for MBA in Mumbai?
SPIJMR and NMIMS are better for MBA in Mumbai
2. Which is the No 1 college in Mumbai?
St. Xavier’s College is the No 1 college in Mumbai.
3. Which College in Mumbai has best Campus?
St. Xavier’s College and Sophia College has best Campus in Mumbai.
4. Which is the largest college in Mumbai?
The University of Mumbai or Mumbai University is the largest college in Mumbai.
5. Which is better SK or KJ?
KJ Somaiya is better than SK Somaiyam.