Top Government MBA Colleges in Mumbai
Saurav Anand
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April 18, 2022
The article discusses the List of Top Government MBA Colleges in Mumbai. So, if you were looking for government MBA colleges in Mumbai then you should not miss any part of this article. It discusses every important aspect of getting into an MBA college like the eligibility criteria, admission process, career scope and placements.
MBA being one of the most taken courses, is mainly here to help you strengthen and increase the skills and knowledge needed for a business, and it is recognized throughout the world.
The fact that a student from any stream can pursue an MBA in a variety of specializations is its most significant benefit. This article includes details on the government-run MBA colleges in Mumbai.
MBA Government Colleges in Mumbai Highlights
Top government MBA colleges in Mumbai includes, IIM Nagpur, IIT Bombay, and the newly made 21st IIM i.e. IIM Mumbai. Check key highlights related to the Top Government MBA Colleges in Mumbai below:
| S.No. | Degree | MBA |
| 1 | Full form | Master of Business Administration |
| 2 | Level | Postgraduate |
| 3 | Duration | 2 years |
| 4 | Eligibility | Minimum 50% marks in Undergraduate degree (any stream) |
| 5 | Entrance Exams accepted | CAT, MAT, NMAT, XAT, IIFT, SNAP, CMAT, ATMA |
| 6 | Top MBA Specialisations in Mumbai | Finance, Family business, Sales & Marketing, Human Resources, Healthcare & Hospital, Retail Operations, International Business, IT & Systems, Business Analytics, Entrepreneurship, Supply Chain, etc. |
| 7 | Top government MBA colleges | IIM Nagpur, IIM Mumbai, IIT Bombay |
List of Top Government MBA Colleges in Mumbai
Check the table below, which offers a list of Top Government MBA Colleges in Mumbai, to learn more about the Government MBA colleges in Mumbai before applying for admission.
| Sno. | MBA Government Colleges in Mumbai |
| 1. | Indian Institute of Management Nagpur |
| 2. | Shailesh J Mehta School of Management, IIT Bombay |
| 3. | Jamnalal Bajaj Institute of Management Studies, JBIMS |
| 4. | Yashwantrao Chavan Maharashtra Open University |
| 5. | University of Mumbai |
| 6. | National Institute of Industrial Engineering, NITIE |
| 7. | Dr Babasaheb Ambedkar Technological University |
| 8. | Alkesh Dinesh Mody Institute for Financial and Management Studies |
| 9. | Swami Ramanand Teerth Marathwada University |
| 10. | Shivaji University |
| 11. | Savitribai Phule Pune University |
List of Government MBA Colleges in Mumbai Fees
The table below, list the Government MBA Colleges in Mumbai, may be taken into consideration if you are interested in pursuing an MBA there.
| MBA Government Colleges in Mumbai | Fee Structure |
| Indian Institute of Management Nagpur | Rs. 19 Lakhs |
| Shailesh J Mehta School of Management, IIT Bombay | Rs. 14 Lakhs |
| Jamnalal Bajaj Institute of Management Studies, JBIMS | Rs. 6 Lakhs |
| Yashwantrao Chavan Maharashtra Open University | Rs. 1.7 Lakhs |
| University of Mumbai | Rs. 17 K – 7.5 Lakhs |
| National Institute of Industrial Engineering, NITIE | Rs. 12.6 Lakhs |
| Dr Babasaheb Ambedkar Technological University | Rs. 30 K – 1.8 Lakhs |
| Alkesh Dinesh Mody Institute for Financial and Management Studies | Rs. 17K – 1 Lakhs |
| Swami Ramanand Teerth Marathwada University | Rs. 53 K – 2 Lakhs |
| Shivaji University | Rs. 40 K – 2 Lakhs |
| Savitribai Phule Pune University | Rs. 1.5 Lakhs |
Top Government MBA Colleges in Mumbai
MBA in finance Mumbai colleges fresher salary in India ranges between ₹ 0.2 Lakhs to ₹ 52.8 Lakhs with an average annual salary of ₹ 2.8 Lakhs.
Admission for MBA in Mumbai is done on the basis of an entrance exam in top universities. Candidates must sit for a national, state, or university level entrance exam such as CAT, XAT, etc to seek admission to the MBA course for the academic year 2022-2024. This includes the Best MBA colleges in Mumbai for finance
- BITS School of Management (BITSoM) Powai, Mumbai.
- GNVS Institute of Management Sion, Mumbai.
- Chetana’s Institute of Management and Research Bandra East, Mumbai.
- SP Jain School of Global Management Kurla West, Mumbai.
- Indira Institute of Business Management Navi Mumbai, Mumbai
There are plenty of colleges with lower fees for MBA in Mumbai and There are some MBA colleges that charge a bit higher fees like SPJIMR, NMIMS government college of MBA in Mumbai are given below along with.
Top MBA government college in Mumbai and government MBA colleges in Mumbai offer MBA and PGDM (Postgraduate Diploma in Management) through Online, Offline as well as Distance Education Learning modes. Mumbai, sometimes known as the “City of Dreams” or the “Finance Capital of India,” is home to more than 260 of India’s finest MBA institutions. The AICTE has authorized 57 MBA institutions in Mumbai, whereas the UGC has approved 17. MBA programs are available in a variety of specialities, from finance and marketing to supply chain management and urban planning, at the best MBA college in Mumbai. MBA Mumbai university costs vary depending on which institutes give world-class amenities.
- Of the total 262 MBA colleges in Mumbai, Around 106 are private, and 11 are MBA public college in Mumbai.
- Indian Institute of Technology – [IITIIT Bombay, National Institute of Industrial Engineering, Mumbai and S. P. Jain Institute of Management & Research are ranked as 10, 12 and 19 respectively in NIRF The ranking for 2021.
- Shailesh J. Mehta School of Management SJMSOM, SPJIMR, IIT Bombay, SBM NMIMS are some of the best schools to study MBA located in Mumbai.
- MBA admissions into the top MBA colleges in Mumbai are usually made by means of an entrance test called the CAT. Many colleges also accept other exam scores like MAT, XAT CMAT, 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 Navi Mumbai along with ITM Institute of Hotel Management [ITM-IHM] Mumbai are among the top Hotel Management Colleges in Mumbai.
- The fees for taking MBA or PGDM courses at the top MBA schools in Mumbai could range from INR 500,00 to 30 Lakhs annually, based on the schools.
- Some of the best MBA institutions in Mumbai that charge lower than INR 60,000 are K. C. College of Management Studies [KCCMSKCCMS Mumbai, ISMS Mumbai, Mumbai University MBA as well as KJSCCETR Mumbai.
- The top MBA schools in India provide lucrative job opportunities with high pay packages and high ROI. Average CTC is priced between 18-30 LPA.
- Accenture, Amazon, Axis Bank, HCL, HDFC, etc. are among the top firms that take part in programs for placement offered by the best MBA schools in Mumbai.
- SJMSOM Mumbai, SPJIMR Mumbai and SBM NMIMS Mumbai are the most prestigious colleges in Mumbai to study MBA in Finance. They have been placed in the best 10 MBA institutions in Mumbai.
List of government MBA colleges in Mumbai with fees structures 2022:-Top MBA colleges in Mumbai and Best MBA colleges in Mumbai include the best private MBA colleges in Mumbai and the best government MBA colleges in Mumbai. SPJIMR is always listed in the list of best colleges for MBA in Mumbai. There is a number of colleges in Mumbai, but some of them that are SPJIMR, NITIE, SIMSREE, SJMSOM, and K J Somaiya are the top 5 MBA colleges in Mumbai.
IIT Bombay comes on the number one place of the top 10 government MBA colleges in Mumbai. The MBA colleges in Mumbai with low fees are government MBA colleges in Maharashtra. The MBA colleges in Maharashtra with low fees are government MBA colleges in Maharashtra such as SIMSREE, SJMSOM, and others. Some other top MBA colleges in Mumbai are KJ Somaiya, NIMMS and NITIE.
MBA fees in Mumbai is relatively higher than the fees in other states of India. MBA institutes in Mumbai such as SPJIMR, and K J Somaiya are the MBA best colleges in Mumbai. The MBA institutes in Mumbai such as TISS and SIMSREE are MBA government colleges in Mumbai which are listed in the list of top 20 MBA colleges in Mumbai. There are many PGDM colleges in Mumbai that offers International placement packages. MBA colleges in Mumbai list with placement and fees is mentioned in this article. Mumbai University is one of the MBA government colleges in Mumbai and also it is one of the top colleges for MBA in Mumbai, the MBA fees in Mumbai University revolves around INR 8K to 4 Lacs.
MBA Fees in Government College - Mumbai
Mumbai has the nation's most perfect institutions that supply outstanding assistance. While there is no IIM in the city, it offers an excellent mix of best-in-class and moderate institutions that serve all sectors of society. Mumbai serves as the country's financial hub. The city is about theory, industry, and enterprise, and it is home to the Bombay Stock Exchange, the best corporate houses, and multinational corporations (MNCs). The course gives a strong foundation for a profession and stimulates a wide range of company development and competencies. In order to make a career change, experienced professionals enroll in an MBA program. MBA programs encourage students to think creatively. MBA grads will be able to deal with the market's best. The degree gives you a brand as a motivator. It revitalizes both professional advancement and personal development.
According to the following sources, an MBA delivers a terrific career. Graduates of Mumbai's government MBA institutes have many options to work outside of their local surroundings in order to build acceptable presenting abilities and understand the monetary conditions in various regions. MBA students, on the other hand, must reconsider their talents as they pursue the degree.
MBA government colleges in Mumbai provide high-quality MBA guidance and game plans for staying and growing in the business sector. MBA is frequently referred to as the saw since it has the capacity to stop the stepping stool of corporate tree ascension. It has been suggested as a standout among alternative master choices for board understudies after graduation.
MBA Government Colleges in Mumbai Eligibility Criteria 2022
The MBA course qualifying standards may differ from one institution to the next. Up-and-comers who fail to meet the eligibility requirements will not be able to appear for the affirmation. They should notice that each MBA government institution in Mumbai has different skill models. These are the requirements for MBA admission in Mumbai; some universities need more, such as job experience. The general entrance requirements are outlined below.
- To be eligible for MBA admission, candidates must have graduated from a recognized institution.
- Candidates in the general category must have received at least 50% in their qualifying exams.
- Candidates from the reserved categories must have obtained a minimum of 55% in their qualifying examination.
- Candidates might be graduates from any discipline.
- Candidates in their final year or awaiting results are also encouraged to apply. (They must submit the passing certificate on time.)
- Candidates for certain institutions must additionally pass MBA tests like as the CAT, MH CET, XAT, and others.
MBA Fees in Government College - Mumbai
When looking at the post-MBA pay for the top MBA government colleges in Mumbai, you cannot ignore the cost associated with getting an MBA. Below are the MBA Fees in Government College - Mumbai
| MBA Fees in Government College - Mumbai | Fees Structure (approx.) |
|---|---|
| Shailesh J Mehta School of Management, IIT Bombay | INR 480000 |
| Vikas Night College of Arts Science and Commerce | INR 50000 |
| Alkesh Dinesh Mody Institute for Financial and Management Studies | INR 200000 |
| Sydenham Institute of Management Studies, Research and Entrepreneurship Education | INR 140000 |
| Veermata Jijabai Technological Institute | INR 120000 |
| Sasmira's Institute of Management Studies and Research | INR 360000 |
| National Institute of Industrial Engineering | INR 605000 |
| Bombay Stock Exchange Institute | INR 3065000 |
Top Government MBA Colleges of India
When considering a higher education degree, an applicant searches for the best institutions in the country, particularly those in the public sector. An MBA college is no exception, and the best MBA colleges and institutes are also government institutions.
Students interested in pursuing an MBA from a top-tier authorized university might look into the different Top Government MBA Colleges of India that offer an MBA or an equivalent degree program.
These Top Government MBA Colleges of India are also highly regarded worldwide in management circles, making them some of the most difficult MBA institutions to get admission to.
However, with enough preparation and profile development beginning in the early years of graduation, a candidate may get admission to such universities while also developing a successful career in management for oneself.
Here is a list of the Top Government MBA Colleges of India according to the NIRF national rankings for the management category (2022).
| MBA College/University | NIRF Ranking | Course | Accepted Entrance Exams | MBA Fees (Approx.) |
|---|---|---|---|---|
| Indian Institute of Management (IIM) Ahmedabad | 1 | Post Graduate Program in Management (PGPM) | CAT, GMAT | INR 25,00,000 |
| Indian Institute of Management (IIM) Bangalore | 2 | Masters of Business Administration (MBA) | CAT, GMAT | INR 24,00,000- INR 25,00,000 |
| Indian Institute of Management (IIM), Kozhikode | 3 | Post Graduate Program in Management (PGPM) | CAT, GMAT | INR 20,00,000-INR 21,00,000 |
| Indian Institute of Management (IIM) Calcutta | 4 | Masters of Business Administration (MBA) | CAT, GMAT | INR 24,00,000 |
| Indian Institute of Technology (IIT), Delhi | 5 | Masters in Business Administration (MBA) | CAT | INR 10,00,000–INR 11,00,000 |
| Indian Institute of Management (IIM), Lucknow | 6 | Post Graduate Program in Management (PGPM) | CAT, GMAT | INR 19,00,000–INR 20,00,000 |
| National Institute of Industrial Engineering (NITIE), Mumbai | 7 | Post Graduate Diploma in Management (PGDM) | CAT | INR 13,00,000-INR 14,70,000 |
| Indian Institute of Management (IIM), Indore | 8 | Post Graduate Program in Management (PGPM) | CAT, GMAT | INR 21,00,000 |
| Indian Institute of Technology (IIT), Bombay | 10 | Master of Business Administration (MBA) | CAT | INR 2,00,000-INR 7,00,000 |
Top 10 government MBA colleges in Mumbai
MBA is the most prestigious and lucrative degree being offered in India. Admission to the course is carried out by various Entrance Exams and exams are structured so as to access the ability of the candidates.
Get the list of the best 50 private / government MBA colleges in India based on placement, Academic excellence, Infrastructure, education, faculty, intellectual capital, and so on.
Here is the list of top colleges of government for MBA applicants. These are the prestigious colleges in India. Since MBA is one of the most coveted courses in India, return on investment always remains a big attraction and proves to be substantial. Though MBA gives you a launchpad in the corporate world the price paid for it sometimes might not suit your pocket. Here are some top-tier 1 Government MBA colleges that provide the best ROI in the country.
MBA Government colleges in Mumbai offer top-quality MBA advice with high-game strategies for growing and sustaining within the business world. MBA has consistently been referred to like a saw, bringing the possibility of stopping the ladder of climbing to the top of the corporate ladder. It is regarded as unique among other major decisions made by the students of the board after graduation.
If you’re looking to have greater flexibility following the completion of your degree and are hoping to acquire abilities that employers will appreciate seeking your MBA degree will be the best choice. It provides the skills that you can use to fill the role of a manager or enter the market or simply grow in your career. In this blog, we’ll discuss everything you need to be aware of when pursuing an MBA at a government college!
The top MBA institutions in Mumbai provide MBA along with PGDM (Postgraduate Certificate in Management) via Offline, Online, and Distance learning mode. Mumbai is often referred to as the “City of Dreams” or the “Finance Capital of India” is home to more than 260 of the top MBA schools in India. There are 57 MBA institutions in Mumbai that are endorsed by AICTE and 17 are accredited by UGC. The top MBA school in Mumbai provides MBA with different specializations ranging from Marketing and Finance up to Supply Chain Management and Urban Planning.
- Of the total 262 MBA colleges in Mumbai, Around 106 are private, and 11 are MBA government-run colleges in Mumbai.
- Indian Institute of Technology – [IITIIT Bombay, National Institute of Industrial Engineering, Mumbai, and S. P. Jain Institute of Management & Research are placed at 10, 12, and 19 respectively in NIRF The ranking for 2021.
- Shailesh J. Mehta School of Management SJMSOM, SPJIMR, IIT Bombay, SBM NMIMS are some of the most prestigious colleges to study MBA located in Mumbai.
- MBA admissions to the best MBA colleges in Mumbai are usually made by taking an entrance exam known as the CAT. But many colleges will take other entrance examinations for management scores, such as NMAT, MAT CMAT, ATMA, MAH CET, GMAT and GRE..
- IHM Mumbai, Bharati Vidyapeeth College of Hotel and Tourism Management Studies [BVCHTMS The IHM Mumbai, Bharati Vidyapeeth College of Hospital and Tourism Navi Mumbai ITM Institute of Hotel Management ITM Institute of Hotel Management Mumbai are among the best Hotel Management Colleges in Mumbai.
- The fees for taking MBA or PGDM courses at the top MBA schools in Mumbai vary from INR 500,00 to 30 Lakhs per year , depending on the college.
- A few of the best MBA institutions in Mumbai charge lower than INR 60,000. These include K. C. College of Management Studies [KCCMS Mumbai, ISMS Mumbai, ISMS Mumbai, Mumbai University, and KJSCCETR Mumbai.
- The top MBA schools in India provide lucrative opportunities for placement with attractive packages and high ROI. The average CTC is priced at 18-30 LPA.
- Accenture, Amazon, Axis Bank, HCL, HDFC, etc. are among the top firms that take part in programs for placement offered by the best MBA schools in Mumbai.
- SJMSOM Mumbai, SPJIMR Mumbai, and SBM NMIMS Mumbai are the most prestigious colleges in Mumbai to study MBA in Finance. They are also ranked among the 10 best MBA schools in Mumbai.
Top 10 MBA Colleges in Mumbai
Tabulated below is the list of top MBA colleges in Mumbai along with their fees structure.
| 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 |
| K J Somaiya Institute of Management, Mumbai | 14,94,000 |
| SIES, Mumbai | 7,20,000 |
| SIMSREE, Mumbai | 1,46,000 |
| IESMCRC, Mumbai | 6,00,000 |
| Chetana’s Institute of Management and Research | 6,60,000 |
| SDA Bocconi Asia Center, Mumbai | 18,60,000 |
Top 10 Government MBA Colleges in Mumbai
Tabulated below is the list of top 10 MBA colleges in Mumbai along with their average annual fees.
| Colleges | Annual Fees |
|---|---|
| Jamia Millia Islamia University, New Delhi | INR 65,100 |
| University of Delhi, Faculty of Management Studies, New Delhi | INR 96,000 |
| Institute of Management Studies, Banaras Hindu University, Varanasi | INR 1,20,767 |
| Department of Management Studies, Anna University, Chennai | INR 20,500 |
| Pondicherry University, Pondicherry | INR 74,718 |
| University of Jammu, Jammu | INR 78,071 |
| Maharaja Sayajirao University of Baroda, Vadodara | INR 14,500 |
| Ganpat University, Mehsana | INR 95,000 |
| RKDF University, Bhopal | INR 50,000 |
| Department of Management Science, Savitribai Phule Pune University, Pune | INR 66,194 |
Fee Structure For MBA in Government Colleges in India
Fees of MBA courses in government colleges are low. The fees in those government colleges are listed here.
| NIRF 2021 Ranking | College Name | NIRF Score |
|---|---|---|
| 10 | Indian Institute of Technology Bombay | 68.08 |
| 12 | National Institute of Industrial Engineering, Mumbai | 64.52 |
| 19 | S. P. Jain Institute of Management & Research | 58.73 |
| 22 | SVKM's Narsee Monjee Institute of Management Studies | 57.53 |
| 56 | K.J.Somaiya Institute Of Management | 46.68 |
| 72 | Principal L N Welingkar Institute of Management Development and Research | 43.73 |
Frequently Asked Questions about Top Government MBA Colleges in Mumbai
Q. What are the fees of an MBA in a government college in Mumbai?
Ans. Here are some one the Top MBA Government Colleges in Mumbai Fee Structure, and for fee related details check the website.
- Shailesh J Mehta School of Management, IIT Bombay - INR 480000
- Vikas Night College of Arts Science and Commerce - INR 50000
- Alkesh Dinesh Mody Institute for Financial and Management Studies - INR 200000
Q. Which government MBA colleges are there in Maharashtra?
Ans. Government MBA colleges in Maharashtra with minimal fees include SIMSREE, SJMSOM, and other institutions. KJ Somaiya, NIMMS, and NITIE are some more prominent MBA institutes in Mumbai. MBA costs in Mumbai are substantially higher than those in other Indian states.
Q. What are the Top Government MBA Colleges in India?
Ans. Top Government MBA Colleges in India Based on 2023 Ranking is IIM Bangalore Bangalore, for full list check the article.
Q. Which is the top MBA college in Mumbai?
Ans. The top five MBA institutions in Mumbai, according to reputable rankings, are SPJIMR Mumbai, NMIMS Mumbai, IIT Bombay, NITIE Mumbai, and JBIMS Mumbai. K J Somaiya, Welingkar, BITSOM, SDA Bocconi, SIMSREE Mumbai, SIES Mumbai, and IBS Mumbai are all top regarded MBA institutes in Mumbai.
Q. What is the lowest MBA fees in India?
Ans. Below we have listed some of the colleges - MBA Colleges with Low Fees 2023 (Less than 1 Lakh)
- Department of Management Studies, Anna University, Chennai - INR 20,500
- National Institute of Management, Mumbai - INR 40,700
- RKDF University, Bhopal - INR 50,000
- Indian Institute of Business Management and Studies, Mumbai - INR 50,800