Best Part Time MBA Colleges in Navi Mumbai 2022

Best Part time MBA Colleges in Navi Mumbai

Best Part time MBA Colleges in Navi Mumbai – Top 10 Best Part time MBA Colleges in Navi Mumbai, there are several colleges that are working in the distance and regular education field.

We are listing down the Best Part time MBA Colleges in Navi Mumbai that is providing the course of part-time MBA in various specializations for students and working professionals.

It is an excellent option for the people living in and near Mumbai to get admission to the Top 10 Best Part time MBA Colleges in Navi Mumbai.

Take a peek at the Best Part time MBA Colleges in Navi Mumbai listed below:

Mumbai Part-Time MBA Duration

The Part-time MBA course is one of the most appropriate courses for all students since it allows them time to engage in any profession or activity in which they choose to gain expertise.

When it comes to the duration of the part-time MBA program, it is usually two years. The course consists of four words. However, only a few institutions prolong the duration to three years. Classes are held on weekends or in batches in the evenings.

Top 10 MBA Colleges in Mumbai

MBA is one of the most highly regarded and lucrative degrees available in India. The entrance exam for admission to the course is conducted by several Entrance Exams. These exams are designed to assess the candidate’s ability.

The list of top 10 private and government MBA colleges in India is based on academic excellence, placement, infrastructure, education, faculty, and intellectual capital.

This is a list of the top colleges for MBA applicants. These are some of the most prestigious colleges in India. MBA is a highly sought-after course in India. This makes it a popular choice and a great investment. MBA can be a great way to get into the corporate world, but the cost may not suit your budget. These top-tier 1 Government MBA schools offer the highest ROI in the country.

MBA Government Colleges in Mumbai provide top-quality MBA advice and high-game strategies to grow and sustain within the business world. MBA is often referred to as a saw. It can stop the climb up the corporate ladder. It is unique among all major decisions made by students after graduation.

The MBA degree is the best option if you want to be more flexible after completing your degree, and to gain skills employers will appreciate. This degree will equip you with the necessary skills to become a manager, enter the market, or just grow your career. This blog will cover everything you need to know about pursuing an MBA in a government college.

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:

Name of the College	Average Annual Fees
Shailesh J. Mehta School of Management, IIT Bombay – [SJMSOM], Mumbai	INR 6,91,000
National Institute of Industrial Engineering – [NITIE], Mumbai	INR 7,03,000
IIT Bombay – Indian Institute of Technology – [IITB], Mumbai	INR 50,400
Mumbai University – [MU], Mumbai	INR 55,000
Shreemati Nathibai Damodar Thackersey Women’s University – [SNDT], Mumbai	INR 1,00,905
Hansraj Jivandas College of Education, Mumbai	INR 6,600
Thakur Institute of Management Studies and Research – [TIMSR] Mumbai	INR 63,791
Vikas Night College of Arts Science and Commerce, Mumbai	–
Thakur Global Business School – [TGBS], Mumbai	INR 4,80,000
Sasmira The Synthetic and Art Silk Mills Research Association – [SASMIRA], Mumbai	INR 1,99,000

MBA in Mumbai Top Colleges – Mumbai, the capital of business and finance in India is also one of the most sought-after MBA locations in the world. In fact, Mumbai is one of India’s most sought-after MBA destinations.

MBA B schools located in Mumbai provide high-quality MBA education that is highly rated and has high levels of placement. It is also a center of learning in technology, management, and other related sectors. Master of Business Administration or MBA is among the most sought-after postgraduate programs in Mumbai. MBA in Mumbai Top Colleges – two-year program opens the door to an abundance of jobs within the corporate world.

Best MBA in Mumbai Top Colleges

College Name	India Today Ranking 2022
SP Jain Institute of Management and Research (SPJIMR)	4
Narsee Monjee Institute of Management Studies (NMIMS)	9
National Institute of Industrial Engineering (NITIE)	11
K J Somaiya Institute of Management Studies and Research (KJ SIMSR)	25

MBA fees in Mumbai is relatively higher than the fees in other states of India.MBA in Mumbai Top Colleges such as SPJIMR, and K J Somaiya is 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.

MBA in Mumbai Top Colleges 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. Also, it is one of the top colleges for MBA in Mumbai, the MBA fees in Mumbai University revolve around INR 8K to 4 Lacs.

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

Frequently Asked Questions

Q1. Which institute is best for part time MBA?

Ans. Top Part-Time MBA Colleges

Name of the Institute	Name of the Course	Full Fees
NMIMS Mumbai (School of Business Management)	MBA	Rs. 4.75 lakh
K J Somaiya Institute of Management & Research, Mumbai	MBA	Rs. 2.48 lakh
JBIMS Mumbai	MBA	Rs. 1.53 lakh
IMT Ghaziabad	PGDM	Rs. 6 lakh

Q2. Which college is best for part time MBA in Mumbai?

Ans. Top 7 Part-Time MBA Colleges in Mumbai

NMIMS Part Time MBA.
KJ Somaiya Institute of Management.
Sinhgad Institute of Business Management.
MET Institute of Management.
Thakur Institute of Management Studies & Research.
ASM’s Institute of Management & Computer Studies.
AIMS-Atharva Institute of Management Studies.

Q3. Which MBA college is best with low fees?

Ans. Register now for latest MBA Exam & Admissions Updates

Top MBA college with Low Fees	Programme Fee
SIMSREE, Mumbai	Rs. 1,36,000
Jamna Lal Bajaj Institute of Management studies (JBIMS)	Rs. 6,00,000
BITS Pilani	Rs. 9,00,00
UBS Chandigarh-Panjab University	Rs. 38,000

Q4. How many MBA colleges are there in Mumbai?

Ans. 172 MBA Colleges in Mumbai (All)

Q5. Which is best MBA college in Mumbai?

Ans. 5 Best MBA Colleges in Mumbai

JBIMS (Jamnalal Bajaj Institute of Management Studies)
SPJIMR (SP Jain Institute of Management and Research)
NMIMS (Narsee Monjee Institute of Management Studies)
NITIE (National Institute of Industrial Engineering)
SJMSOM, (Shailesh J Mehta School of Management- IIT BOMBAY)

Q6. What is the fees of MBA in Mumbai colleges?

Ans. MBA Colleges in Mumbai

MBA college in Mumbai Fee for 2 year MMS/MBA/PGDM (Rs. In lakhs)

SPJIMR, Mumbai 17.50
NMIMS, Mumbai 19.76
NITIE Mumbai 12.53
JBIMS Mumbai 6.00

Q7. Which MBA course is best?

Ans. Here is a list of the best MBA specializations in demand in 2021 and post COVID that you can choose from.

MBA in Data Analytics. …
MBA in Entrepreneurship
MBA in Finance
MBA in Strategy
MBA in International Business
MBA in Human Resource Management
MBA in Risk Management
MBA in Operations

Q8. Which MBA gives highest salary?

Ans. Top 5 Highest-Paying MBA Concentrations

Management.
Entrepreneurship.
Finance.
Marketing.
Information Technology.

Q9. What is the monthly income of MBA?

Ans. The average MBA salary in India per annum is Rs. 4,50,000 when starting out.

MBA Salary in India – Breakdown of Each Specialization.

Specialization Average Salary (LPA) Range

MBA in Marketing INR 7,82,000 7L-25L
MBA in Digital Marketing INR 5,50,000 5L-25L
MBA in Finance INR 7,30,000 7L-22L
MBA in HR INR 5,20,000 5L-8L

Q10. Does an MBA guarantee a good job?

Ans. An MBA might help in getting a job interview, but it will not guarantee the applicant will land that job. On the other hand, people with work experience looking to give their career a boost can open avenues for growth and promotion with a part-time or EMBA program. Graduating with an MBA can earn you a higher salary.

Q11. Is Cat compulsory for MBA?

Ans. No, CAT or CMAT exam is not compulsory for MBA. There are a host of other MBA entrance exams similar/euivalent to CAT like XAT. Several institutes have their own entrance exams like NMAT for NMIMS, TISS, SNAP for Symbiosis, IIFT, CET for Maharashtra institutes, MICA, etc.

Q12. Which MBA has highest salary in India?

Ans. List of MBA Highest Salary Offered Based on Specialization.

Highest Salary Paid for MBA Graduates in India.
MBA Specialization Average Salary
MBA Finance INR 2- 14.70 LPA
MBA Human Resource Management INR 4.50- 15.50 LPA
MBA Information Technology INR 10K- 6 LPA
MBA Logistics Management INR 6.25- 8.50 LPA

Q13. Is MBA hard to study?

Ans. MBAs are challenging but not difficult to graduate. Many potential students ask if an MBA is too difficult for an average student. The easy answer is “most likely not”. But, as you’ll probably learn during your MBA, your attitude makes up over 50% of your professional success, anyway.

Q14. Which MBA is best for CEO?

Ans. Among MBA concentrations that power future CEOs’ journey to the top are finance, marketing, public policy, information technology, environment sustainability, and health administration.

Best Part time MBA Colleges in Navi Mumbai

Best Part time MBA Colleges in Navi Mumbai – Top 10 Best Part time MBA Colleges in Navi Mumbai, there are several colleges that are working in the distance and regular education field.

We are listing down the Best Part time MBA Colleges in Navi Mumbai that is providing the course of part-time MBA in various specializations for students and working professionals.

It is an excellent option for the people living in and near Mumbai to get admission to the Top 10 Best Part time MBA Colleges in Navi Mumbai.

Take a peek at the Best Part time MBA Colleges in Navi Mumbai listed below:

NMIMS Part-Time MBA

KJ Somaiya Institute of Management
Sinhgad Institute of Business Management
MET Institute of Management
Thakur Institute of Management Studies & Research
ASM’s Institute of Management & Computer Studies
AIMS-Atharva Institute of Management Studies
Jamnalal Bajaj Institute of Management Studies
GNIMS-Guru Nanak Institute of Management Studies
Universal Business School

People also ask –

Q. Do part-time MBA programs provide job placement?

Ans. Yes, several of the best universities offer placement aid to students who do this course.

Q. Are there any part-time MBA programs in Mumbai?

Ans. Yes, some institutions and universities offer part-time MBA programs to students.

Q. How long does a part-time MBA program last?

Ans. The part-time MBA program lasts two years and is broken into four mini semesters.

Q. Will I be able to find work after completing my part-time MBA?

Ans. Yes, after completing an MBA program, you can work as a product manager, analyst, field manager, lecturer, and so on.

Best Part time MBA Colleges in Navi Mumbai Detailed Information

The course of Best Part time MBA Colleges in Navi Mumbai is the same as the regular MBA programs including syllabus, the curriculum, recognition and moreThe primary distinction between the courses is that the standard MBA lasts two years, whilst the part-time MBA lasts three years.

The fundamental rationale for a three-year part-time MBA is that sessions are held on weekends, on Saturdays and Sundays.

Course Name	Part-time MBA program
Duration of the course	2 Years
Level	Post Graduate/ Masters
Eligibility	Candidates should have passed their graduation with an average of 45% marks from a recognized board or University.
Admission Process	Online / Offline
Fee Structure	The Fee for distance MBA in projects ranges from INR 20000 – INR 40000 / Year. Also, it varies according to the university.
Approved By	UGC / DEB

Does Part-Time MBA Mumbai Have Value? Best Part time MBA Colleges in Navi Mumbai

Best Part time MBA Colleges in Navi Mumbai Eligibility Criteria

We’ve compiled a list of some of the most frequent qualifying requirements:

A graduate of a recognized university in any discipline is required.
A graduation grade point average of at least 50% is required.
Some institutions need a minimum of two years of experience.

The course has no age restrictions. The training is open to students of all ages.

Best Part time MBA Colleges in Navi Mumbai Fees structure

Specializations of Best Part time MBA Colleges in Navi Mumbai

You may select any stream or subject for your master’s degree in administration.

The following are the specialties of the part-time MBA program:

MBA in Finance Management	MBA in Business Management	MBA in Rural Management
MBA in Information Technology (IT) Management	MBA in Health Care Management	MBA in Operations Management
MBA in Logistics Management	MBA in Event Management	MBA in International Business Management
MBA in Marketing Management	MBA in Business Analytics Management	MBA in Project Management
MBA in Human Resource Management	—	—

Mumbai Part-Time MBA Duration

The Part-time MBA course is one of the most appropriate courses for all students since it allows them time to engage in any profession or activity in which they choose to gain expertise.

Top 10 MBA Colleges in Mumbai

The list of top 10 private and government MBA colleges in India is based on academic excellence, placement, infrastructure, education, faculty, and intellectual capital.

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:

Name of the College	Average Annual Fees
Shailesh J. Mehta School of Management, IIT Bombay – [SJMSOM], Mumbai	INR 6,91,000
National Institute of Industrial Engineering – [NITIE], Mumbai	INR 7,03,000
IIT Bombay – Indian Institute of Technology – [IITB], Mumbai	INR 50,400
Mumbai University – [MU], Mumbai	INR 55,000
Shreemati Nathibai Damodar Thackersey Women’s University – [SNDT], Mumbai	INR 1,00,905
Hansraj Jivandas College of Education, Mumbai	INR 6,600
Thakur Institute of Management Studies and Research – [TIMSR] Mumbai	INR 63,791
Vikas Night College of Arts Science and Commerce, Mumbai	–
Thakur Global Business School – [TGBS], Mumbai	INR 4,80,000
Sasmira The Synthetic and Art Silk Mills Research Association – [SASMIRA], Mumbai	INR 1,99,000

MBA Bschools located in Mumbai provide high-quality MBA education that is highly rated and has high levels of placement. It is also a center of learning in technology, management, and other related sectors. Master of Business Administration or MBA is among the most sought-after postgraduate programs in Mumbai. MBA in Mumbai Top Colleges – two-year program opens the door to an abundance of jobs within the corporate world.

Best MBA in Mumbai Top Colleges

College Name	India Today Ranking 2022
SP Jain Institute of Management and Research (SPJIMR)	4
Narsee Monjee Institute of Management Studies (NMIMS)	9
National Institute of Industrial Engineering (NITIE)	11
K J Somaiya Institute of Management Studies and Research (KJ SIMSR)	25

Top 25 MBA Colleges in Mumbai:

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

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

Frequently Asked Questions

Q1. Which institute is best for part time MBA?

Ans. Top Part-Time MBA Colleges

Name of the Institute	Name of the Course	Full Fees
NMIMS Mumbai (School of Business Management)	MBA	Rs. 4.75 lakh
K J Somaiya Institute of Management & Research, Mumbai	MBA	Rs. 2.48 lakh
JBIMS Mumbai	MBA	Rs. 1.53 lakh
IMT Ghaziabad	PGDM	Rs. 6 lakh

Q2. Which college is best for part time MBA in Mumbai?

Ans. Top 7 Part-Time MBA Colleges in Mumbai

NMIMS Part Time MBA.
KJ Somaiya Institute of Management.
Sinhgad Institute of Business Management.
MET Institute of Management.
Thakur Institute of Management Studies & Research.
ASM’s Institute of Management & Computer Studies.
AIMS-Atharva Institute of Management Studies.

Q3. Which MBA college is best with low fees?

Ans. Register now for latest MBA Exam & Admissions Updates

Top MBA college with Low Fees	Programme Fee
SIMSREE, Mumbai	Rs. 1,36,000
Jamna Lal Bajaj Institute of Management studies (JBIMS)	Rs. 6,00,000
BITS Pilani	Rs. 9,00,00
UBS Chandigarh-Panjab University	Rs. 38,000

Q4. How many MBA colleges are there in Mumbai?

Ans. 172 MBA Colleges in Mumbai (All)

Q5. Which is best MBA college in Mumbai?

Ans. 5 Best MBA Colleges in Mumbai

JBIMS (Jamnalal Bajaj Institute of Management Studies)
SPJIMR (SP Jain Institute of Management and Research)
NMIMS (Narsee Monjee Institute of Management Studies)
NITIE (National Institute of Industrial Engineering)
SJMSOM, (Shailesh J Mehta School of Management- IIT BOMBAY)

6. What is the fees of MBA in Mumbai colleges?

Ans. MBA Colleges in Mumbai

MBA college in Mumbai	Fee for 2 year MMS/MBA/PGDM (Rs. In lakhs)
SPJIMR, Mumbai	17.5
NMIMS, Mumbai	19.76
NITIE Mumbai	12.53
JBIMS Mumbai	6

Q7. Which MBA course is best?

Ans. Here is a list of the best MBA specializations in demand in 2021 and post COVID that you can choose from.

MBA in Data Analytics. …
MBA in Entrepreneurship
MBA in Finance
MBA in Strategy
MBA in International Business
MBA in Human Resource Management
MBA in Risk Management
MBA in Operations

Q8. Which MBA gives highest salary?

Ans. Top 5 Highest-Paying MBA Concentrations

Management.
Entrepreneurship.
Finance.
Marketing.
Information Technology.

Q9. What is the monthly income of MBA?

Ans. The average MBA salary in India per annum is Rs. 4,50,000 when starting out.

MBA Salary in India – Breakdown of Each Specialization.

Specialization Average Salary (LPA) Range

MBA in Marketing INR 7,82,000 7L-25L

MBA in Digital Marketing INR 5,50,000 5L-25L

MBA in Finance INR 7,30,000 7L-22L

MBA in HR INR 5,20,000 5L-8L

Q10. Does an MBA guarantee a good job?

Q11. Is Cat compulsory for MBA?

Which MBA has highest salary in India?

List of MBA Highest Salary Offered Based on Specialization.

Highest Salary Paid for MBA Graduates in India.

MBA Specialization Average Salary

MBA Finance INR 2- 14.70 LPA

MBA Human Resource Management INR 4.50- 15.50 LPA

MBA Information Technology INR 10K- 6 LPA

MBA Logistics Management INR 6.25- 8.50 LPA

Q12. Is MBA hard to study?

Q13. Which MBA is best for CEO?

Ans. Among MBA concentrations that power future CEOs’ journey to the top are finance, marketing, public policy, information technology, environment sustainability, and health administration.

Best Colleges in Mumbai for MBA in Finance

Best Colleges in Mumbai for MBA in Finance – In Mumbai, over 80 MBA in Finance institutes provide specialized degrees. Almost 94% of the MBA in Finance institutes in Mumbai are privately owned. The remaining MBA (Finance) colleges in Mumbai are administered by government organizations.

MBA is a two-year professional degree program that offers a variety of specializations. Candidates from all disciplines can select an MBA specialty depending on their interests and future ambitions. Finance is one of the majors to choose from among more than 50 MBA specializations. An MBA in Finance helps students understand financial management, investments, and resources of money.

CAT, CMAT, MAT, ATMA, and XAT, among others, are accepted for MBA in Finance admission across Mumbai.

Best MBA Colleges in Mumbai for Finance Highlights

The table below mentions key highlights of the Best MBA Colleges in Mumbai for Finance.

Parameters	Particulars
Number of MBA in Finance colleges in Mumbai	Nearly 80 colleges
Annual fees	– Annual fees < INR 1 lakh: Approx. 1 per cent – Annual fees > INR 5 lakh: Approx. 57 percent
Admission process	Entrance-based

MBA Finance Colleges in India

Looking for an MBA Finance college in India?

Voila! For you have come to the right place.

We at Formfees have compiled a comprehensive article on the MBA Finance colleges in India.

You know MBA in Finance is one of the oldest specializations among all the MBA streams. Hence there are a number of MBA Finance colleges in India as well dedicated to it.

There are 1689 MBA in Finance Colleges in India. So, even the list of top MBA Finance colleges in India has an end number of MBA in Finance colleges for you to choose from.

MBA in Finance provides one of the best returns on investment when pursued. So if you have made up your mind to do this course, you can surely expect a great outcome.

Here, in the article below, we shall make you familiar with all the aspects related to the MBA in Finance and MBA Finance colleges in India all in one place.

Let us begin this article with some of the basic questions related to the MBA in Finance course

What is MBA in Finance? What is included in MBA in Finance? One of the most popular MBA degrees is the MBA in Finance, which teaches skills in banking, accounting, corporate financial planning, corporate acquisitions & mergers, and financial management.

What consists of the MBA Finance curriculum? The MBA Finance curriculum includes

Analyze financial reports
Forecast financial and economic trends
Make stocks profitable
Strike a balance between risk and profitability
Manage and maximize their investment portfolios with the least amount of risk possible.

What are the top recruiters for the best MBA Finance colleges in India? Some of the top recruiters of the best MBA Finance colleges in India are

Private Equity Companies
Corporates
Banks
Asset Management Companies
Insurance Companies

Which are the MBA Finance colleges in India? The MBA Finance colleges in India are

What are the job scope for the graduates of MBA finance colleges in India? The job scope for the graduates of MBA finance colleges in India are

Financial Analyst
Credit Risk Manager
Portfolio Manager
Treasury Manager
Derivatives Trader
Structuring
Assistant Vice President – Finance/Corporate Banking· Corporate Finance Manager

What is the placement offered for the graduates of the top MBA finance colleges in India? Some of the placement offered for the graduates of the top MBA finance colleges in India are JBIMS MSc Finance placements 2020 have recorded an average salary of Rs.17.27 LPA while TAPMI Placements 2020 for its specialist PGDM BKFS program have recorded a 12.65% rise in average salary.

What are the MBA in Finance subjects taught to the students in the MBA finance colleges in India? Some of the MBA in Finance subjects taught to the students in the MBA finance colleges in India are:

Money and Banking
Financial Risk Management
Management Control System
International Finance
Bank Management
Fixed Income Markets
Structured Finance
Infrastructure and Project Finance
Options, Futures & Derivatives

What are the various types of MBA in Finance Courses in India? There are various types of MBA in Finance Courses in India, but their nature and geographic scope are all the same. Some of these are as follows:

2-Year Full-Time Specialised MBA in Finance by IIM, such as IIM Kozhikode,
2-Year Full-Time Specialised MBA in Finance or MBA Equivalent PGDM in Finance by B-Schools and Universities, such as JBIMS, IMI, IMT, K J Somaiya,
MBA Specialisation in Finance offered within a 2-Year Full-Time General MBA/PGDM Programme, such as IIM Ahmedabad, IIM Bangalore, and FMS Delhi

There are top specialized MBA finance colleges in India that offer an MBA in finance with a focus on stock markets, banking management, and related programs like MSE, BSE, DSE, and NIFM.

Best MBA Colleges in Mumbai for Finance Eligibility Criteria

The qualifying requirements for an MBA in Finance program vary per school. The core qualifying criteria for the course, however, remain the same. The following are the eligibility requirements for an MBA in Finance.

Candidates must have a bachelor’s degree from a recognized institution or institute, regardless of field.
MBA in Finance colleges in Mumbai may have a minimum score criterion. As a result, unreserved category applicants with a minimum score of 50% are eligible. The minimum score for restricted category applicants is 45%. The minimal score may fluctuate between colleges.
Candidates whose results for the final semester of their bachelor’s degree are pending are provisionally qualified to apply for the course.

Top MBA Finance Colleges in India with Fee Structure

Here below is the list of Top MBA Finance colleges in India with fee structures. Kindly go through it carefully to comprehend better the most suitable MBA college for yourself. Kindly have a look below:

Name of the College	Average Fee
IIT Delhi	INR 10.40 lakh
IIM Lucknow	INR 12.60 lakh
IIT Madras	INR 9.14 lakh
IIM Raipur	INR 14.19 lakh
IIM Kashipur	INR 14.88 lakh

Top Colleges for MBA in Finance in India

Here below is the list of Top colleges for MBA in Finance in India. Kindly go through it carefully to comprehend better the most suitable MBA college for yourself. Kindly have a look below:

SP Jain
Narsee Monjee
Taxila Business School
Lal Bahadur Shastri Institute of Management
Xavier Institute of Social Service (XISS)
K J Somaiya Institute
National Institute of Bank Management
Indian School of Business
Indian Institute of Foreign Trade
Management Development Institute (MDI)
Jamnalal Bajaj Institute of Management Studies
Mudra Insitute Of Communications, Ahmedabad (MICA)
Symbiosis Institute of Business Management
University Business School (UBS), Punjab University
Department of Business Economics, University of Delhi
Institute of Management Technology (IMT)
International Management Institute (IMI)
Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)
Goa Institute of Management (GIM)
Great Lakes Institute of Management
FORE School of Management
WOXSEN School of Business
Management Development Institute (MDI)
Atal Bihari Vajpayee-Indian Institute of Information Technology And Management (ABV-IIITM)
National Institute of Industrial Engineering (NITIE)
T.A.PAI Management Institute (TAPMI)
Birla Institute of Management Technology (BIMTECH)

Top 10 Finance Colleges in India

Here below is the list of Top 10 Finance Colleges in India. Kindly go through it carefully to comprehend better the most suitable MBA college for yourself. Kindly have a look below:

Name of the College	Programme Available
IIM Ahmedabad	PGP with specialization in Finance
IIM Bangalore	MBA with specialization in Finance
IIM Calcutta	MBA with specialization in Finance
XLRI Jamshedpur	PGDM with specialization in Finance
IIM Kozhikode	PGP Finance
Jamna Lal Bajaj Institute of Management Studies (JBIMS) Mumbai	M.Sc. Finance
International Management Institute (IMI) New Delhi	PGDM Banking & Financial Services
IMT Ghaziabad	PGDM Banking & Financial Services
K J Somaiya Institute of Management Studies & Research, Mumbai	MBA Financial Services
Lal Bahadur Shastri Institute of Management (LBSIM) New Delhi	PGDM-Research & Business Analytics

Best Colleges for MBA in Finance in World

Here below is the list of Best colleges for MBA in Finance in the World. Kindly go through it carefully to comprehend better the most suitable MBA college abroad for yourself. Kindly have a look below:

Name of the Institute	Country
The Wharton School	University of Pennsylvania, US
The University of Chicago Booth School of Business	United States
London Business School	United Kingdom
Stern School of Business	New York University (NYU), US
Harvard Business School	United States
Columbia Business School	Columbia University, US
INSEAD	France
IE Business School	Spain
Stanford University Graduate School of Business	United States
The Kellogg School of Management	Northwestern University, US

Best MBA Colleges in Mumbai for Finance with NIRF Ranking

The National Institutional Ranking Framework (NIRF) rates institutes around Mumbai in many fields such as Management, Pharmacy, Dental, Medicine, Architecture, and Engineering, among others. The NIRF rates institutes using the following criteria:

Teaching, Learning and Resources
Research and Professional Practices
Graduation Outcomes
Outreach and Inclusivity
Peer Perception

The table below mentions top MBA in Finance colleges with NIRF ranking

Name of College	NIRF 2021 Rank	Shiksha (Aggregate) Rating
SPJIMR – S.P. Jain Institute of Management and Research	19	4.3
K J Somaiya Institute of Management	56	4.2
NMIMS School of Business Management, Mumbai	–	4.2
SIMSREE – Sydenham Institute of Management Studies Research and Entrepreneurship Education	–	4
Xavier Institute of Management and Research	–	4.4

NOTE: Only two MBA in Finance college has been ranked under NIRF across Mumbai

List of Top Private and Government MBA in Finance Colleges in Mumbai

Private colleges function with funding from private bodies. In contrast, government or public colleges are the ones that are run using the funds received from the government. The space below mentions the private and public MBA in Finance colleges in Mumbai.

List of Private MBA in Finance Colleges in Mumbai

Name of Private College	Course Fee (In INR)
VIT – Vidyalankar Institute of Technology	3 L
ICFAI Business School (IBS), Mumbai	9.09 L
Welingkar Institute of Management	11.04 L
IES’s Management College and Research Centre	8 L
N.L. Dalmia Institute of Management Studies and Research	11.5 L

List of Public MBA in Finance Colleges in Mumbai

Name of Public College	College Fee (In INR)
Bombay Stock Exchange Institute, Mumbai	6.61 L
SIMSREE – Sydenham Institute of Management Studies Research and Entrepreneurship Education	1.34 L
Jankidevi Bajaj Institute of Management Studies – JDBIMS	–
Sasmira’s Institute of Management Studies and Research	3.8 L

ROI of Top MBA in Finance Colleges in Mumbai

There are various top MBA in Finance colleges in Mumbai that give placements on par with the top IIMs. The return on investment (ROI) of an MBA college is a measurable indication of value for money. Students pay course fees in institutions and hope to be placed with a good wage package in return. The return on investment (ROI) is calculated by comparing the placement package to the course price.

In terms of ROI, SPJIMR and SIMSREE are among the best MBA in Finance colleges in Mumbai. The table below lists some of the best B-schools in Mumbai that provide MBA in Finance, along with course costs and average placement packages.

Name of College	Course Fee (In INR)	Average Placement Package (In INR)
SPJIMR – S.P. Jain Institute of Management and Research	17.5 L	19.5 LPA
SIMSREE – Sydenham Institute of Management Studies Research and Entrepreneurship Education	1.34 L	10.97 LPA
NMIMS SBM Mumbai	21.9 L	17.75 LPA
ICFAI Business School (IBS), Mumbai	9.09 L	9.7 LPA
Welingkar Institute of Management	11.04 L	8.61 LPA

How Much Does an MBA in Finance Cost in Mumbai?

A course price of more than INR 5 lakh is charged by over 57 percent of MBA in Finance institutes in Mumbai. Among these colleges are::

AIMS – Atharva Institute of Management Studies
Institute of Business Studies and Research, Navi Mumbai
School of Management, D.Y. Patil University
MET Institute of Post Graduate Diploma in Management (PGDM)
SP Jain School of Global Management

A quarter of MBA in Finance institutes in Mumbai charge between INR 3 lakh and INR 5 lakh in tuition. These are some of the colleges:

GNVS Institute of Management
Bharati Vidyapeeth Institute of Management Studies and Research
Sasmira’s Institute of Management Studies and Research
National Stock Exchange (NSE)
St. Francis Institute of Management and Research

Approximately 13% of MBA in Finance universities in Mumbai charge course fees ranging from INR 2 lakh to INR 3 lakh. Among these colleges are:

ASM’s Institute of Management and Computer Studies
Sinhgad Institutes – Sinhgad Management Institutes
Indian Institute of Aviation and Hospitality Management
K.C.College of Engineering and Management Studies and Research
Maratha Mandir’s Babasaheb Gawde Institute of Management Studies

Approximately 6% of MBA in Finance universities in Mumbai charge course fees ranging from INR 1 lakh to INR 2 lakh. Among these colleges are:

Pramod Ram Ujagar Tiwari Saket Institute Of Management
New Horizon Institute of Management Studies
Alamuri Ratnamala Institute of Engineering and Technology
SIMSREE – Sydenham Institute of Management Studies Research and Entrepreneurship Education

The remaining 1% of MBA in Finance institutes in Mumbai offer course fees that are less than IN 1 lakh. FINPLAN – International Institute of Management, located at Andheri East, with a course price of less than INR 1 lakh.

Which are the Most Popular Entrance Exams Accepted by MBA in Finance Colleges in Mumbai?

Admission into an MBA programme is based on the scores of the candidates in the entrance exam. MBA in Finance colleges across Mumbai accept scores of national, or state-level exams including CAT, XAT, CMAT, MAT, MAH CET, ATMA, and NMAT, among others.

Top 10 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 ManagementSion, Mumbai.
Chetana’s Institute of Management and Research Bandra East, Mumbai.
SP Jain School of Global Management Kurla West, Mumbai.
Indira Institute of Business ManagementNavi 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 colleges 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 specialties, 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 colleges in Mumbai.
Indian Institute of Technology – [IITIIT Bombay, National Institute of Industrial Engineering, Mumbai and S. P. Jain Institute of Management & Research is ranked 10, 12 and 19 respectively in NIRF The ranking for 2021.
Shailesh J. Mehta School of ManagementSJMSOM, 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 fee 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 is the top 5 MBA colleges in Mumbai.

IIT Bombay comes in 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 are 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 listed 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 at Mumbai University revolve around INR 8K to 4 Lacs.

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 or 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 ManagementSJMSOM, 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 [BVCHTMSThe IHM Mumbai, Bharati Vidyapeeth College of Hospital and Tourism Navi Mumbai 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 [KCCMSMumbai, 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

MBA in finance colleges in Mumbai fees

Mumbai is a prominent metropolitan city in the country that is endowed with several management colleges. The majority of the city’s management schools offer an MBA with Finance as a concentration degree.

The course provides students with the information and abilities they need to succeed in financial institutions. The training can lead to a prosperous job in any of the top global corporations or recognized government-aided institutions.

The Colleges in Mumbai that provide the desired MBA Finance programme are mentioned below.

MBA in Finance Colleges in Central Mumbai

Alkesh Dinesh Mody Institute For Financial & Management Studies
Bharati Vidyapeeth’s BVIMSR Centre for Business Education
Dr. D.Y Patil Institute of Management Studies
Guru Nanak Institute of Management Studies
IES Management College & Research Centre
Indian Institute of Technology
ITM Executive Education Centre
Jankidevi Bajaj Institute of Management Studies
JK Institute of Technology & Management
K.J. Somaiya Institute of Management Studies & Research
L.S. Raheja College of Arts & Commerce
MET Institute of Management
Mukesh Patel School of Technology Management & Engineering, NMIMS University
School of Business Management, NMIMS University
School of Commerce, NMIMS University
The Indian Institute of Planning & Management
Vasntadada Patil Pratishthan’s Institute of Management Studies
Vidyalankar Institute of Technology
Welingkar Institute of Management Development & Research

MBA in Finance Colleges in North Mumbai

Aegis School of Business
ASM’s Institute of Management & Computer Studies
Atharva Institute of Management Studies
Atharva School of Business
ICFAI Business School
Jamnalal Bajaj Institute of Management Studies
Jashbhai Maganbhai Patel College of Commerce
M.E.S. Humera Khan Institute of Management Studies & Research
Rajasthani Sammelan’s Management Institute
ST. Francis Institute of Management & Research

MBA in Finance Colleges in South Mumbai

Anjuman Khairul Islams’s College
Asian Institute of Management
Bushra International Institute of Graduate Studies
Indian Institute of Banking and Finance (IIBF)
Indian Institution of Export & Import Management
Jamnalal Bajaj Institute of Management Studies
K.P.B. Hinduja College of Commerce
Lala Lajpat Rai Institute of Management
Sydenham Institute of Management Studies & Research & Entrepreneurship Education

MBA in Finance Colleges in Navi Mumbai

Bharati Vidyapeeth’s Institute of Management Studies & Research
Institute of Business Studies & Research
ITM Business School
ITM Institute of Financial Markets
Oriental Institute of Management
SIES College of Management Studies

MBA in accounting and finance colleges in Mumbai

Top 20 MBA colleges in Mumbai

Mumbai is home to several prestigious business schools. The leading institutions in Mumbai help students build academic and management skills while also giving excellent career possibilities.

The chart below offers an overview of the top MBA institutions in Mumbai, arranged alphabetically.

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

Part time MBA in finance colleges in Mumbai

Top Part-Time MBA Colleges in Mumbai with Shiksha Ratings (Aggregate)

Check out the table below to know the top part-time MBA colleges in Mumbai along with Shiksha ratings:

Name of the College	Shiksha Ratings (Aggregate)
NMIMS School of Business Management	4.2
Sydenham Institute of Management Studies Research and Entrepreneurship Education (SIMSREE)	4
Jamnalal Bajaj Institute of Management Studies (JIBMS)	4.3
Welingkar Institute of Management	4
KJ Somaiya Institute of Management	4.2

Top Private and Government Part-Time MBA Colleges in Mumbai

Top Private Part-Time MBA Colleges in Mumbai

Refer to the table below to know the top private part-time MBA colleges in Mumbai:

Name of the College	Course Fee (in Rs)
KJ Somaiya Institute of Management	2.97 L
N.L Dalmia Institute of Management Studies and Research	1.5 L
NMIMS School of Business Management	1.01 L – 6.04 L
Welingkar Institute of Management	1.53 L
JBIMS	1.52 L – 7 L

Top Government Part-Time MBA Colleges in Mumbai

Refer to the table below to know the top government/public part-time MBA colleges in Mumbai:

Name of the College	Course Fee (in Rs)
Jankidevi Bajaj Institute of Management Studies	–
SIMSREE	1.53 L
University of Mumbai	1.53 L
Garware Institute of Career Education and Development	2.25 L
Sasmira’s Institute of Management Studies and Research	1.5 L

Top MBA colleges in Mumbai with low fees

Top low fees MBA colleges in India charge a fee from Rs. 50,000 to Rs. 10 Lakhs for 2 years full-time residential MBA or PGDM program. Best MBA colleges with low fees like IIMs, XLRI, MDI, and SPJIMR have a fee structure between 17 lakhs to Rs.24 lakhs. Some of the top B-schools in India offering affordable MBA with low fees are either affiliated to or are the management departments of the Delhi University, Mumbai University, GGSIPU University Delhi, Bangalore University, Pune University, and Panjab University among others. To get admission to a top MBA college with low fees, you should score high on the entrance exam like CAT/XAT/CMAT/MAH CET and have excellent academics/work experience. This article from MBAUniverse.com presents the best MBA colleges with low fees in India and will guide you in taking the right MBA admission decision. Minimum fees for mba is from Rs. 50,000 to Rs. 10 Lakhs for a 2-year full-time residential MBA or PGDM program.

Top MBA colleges with low fees structure is given below in the article, which are known to be providing amazing placement opportunities, some of the good MBA colleges with low fees are Bangalore University, Pune University, Panjab University etc.

What are the Top MBA colleges with low fees in India? It’s one of the frequently asked questions we come across and this article provides you with the latest information on the Best B-Schools and the last dates to apply for their courses. Top MBA Colleges in India With Low Fees. Faculty of Management Studies is one of the top-ranking management institutes in India which offer MBA courses at the cheapest prices starting at Rs 20,960 only. It is one of the best mba colleges in India with low fees.

Top Government MBA Colleges in India with low fees

Faculty of Management Studies (FMS), Delhi University is among the most prestigious management schools in India that offer MBA classes at the most affordable cost beginning with the price of INR 1.92 Lakhs only. It is among the most sought-after institutions for MBA in India that is associated with Delhi University. The procedure for selection at the institute comprises the CAT scores as well as Personal Interviews. The average salary offered in the campus selection this year is the sum of INR 32.4 LPA.
Companies like Deloitte, OLA, PwC, L’Oreal, Info Edge, Adobe, Google, Amazon, etc. provide internships to students of FMS.
Jamnalal Bajaj Institute of Management Studies (JIBMS), Mumbai
JBIMS was established in 1965 and is affiliated to the University of Mumbai. It is a non-profit institution that offers full-time and part-time MBA programs. The institute also offers a wide range of other programs, however, MBA is among the most well-known courses at JBIMS. The current cost structure is the range of INR 1.52 lakh to seven lakh for the duration of two years of the MBA program. The college accepts scores from CAT and MAH CET or MAT and ATMA. The school is in the best 10 colleges for B-schools within India with a huge number of alumni working as CEOs. The median salary for the students is approximately INR 27.63 LPA.
Companies that apply for placements in JBIMS are McKinsey & Company, JP Morgan Chase, Accenture, Axis Bank, JP Morgan, Amazon, etc.
Tata Institute of Management Studies (TISS), Mumbai
TISS, Mumbai is another management school that offers top-quality MBA education for a reasonable cost. Admissions to TISS are made by TISSNET scores. TISSNET score, which is an examination which is conducted by the institute. The cost for the MBA program offered at TISS costs the equivalent of INR 1.02 Lakh and the average wage from the course of the course was the sum of INR 19.62 LPA in 2021.
Companies like Accenture, Deloitte India, Infosys Consulting, Darwinbox, TCS, Wipro and many more. provide job opportunities to MBA alumni of TISS.
Department of Management Sciences, Pune
Pune University Department of Management Sciences (PUMBA) is affiliated with Pune University and has course fees of INR 1.29 Lakh to INR 1.33 Lakh. The college accepts scores of exams like CAT/XAT/MAT/CET/ATMA/MAH CET for admission to various MBA courses and offers placements with an average salary of INR 7.6 LPA.
Axis Bank, E-serve, Bee Management, ONGC, Thermax, SBI Life, etc. are some of the companies that provide placements to students who are studying at this college.
Department of Financial Studies, Delhi University
The institute offers admissions according to the score of the CAT exam that is administered by IIMs. The cost for pursuing the MBA at this school can be $26,000 in two terms. Department of Financial Studies is renowned for offering the highest ROI. The salary offered at this institution ranges from the equivalent of INR 13.3 LPA and the top salary was INR 26 LPA during the year 2020.
Companies like DE Shaw, American Express, JLL, Barclays, Arcesium, Axis Bank, HDFC, SBI, Ministry of Finance etc. are among the most sought-after recruiters for MBA graduates.
Christ University, Bangalore
Christ International (Deemed to be University) was founded in 1969. The university offers a variety of post-graduation programs. The school offers a range of MBA specializations like Business Analytics Marketing, Business Analytics, etc. Students who undertake exams like CAT/MAT/XAT/CMAT/ATMA are eligible for admission into this prestigious and premium university. The tuition for admission ranges from approximately INR 6.75 Lakh – INR 21.82 Lakh. The median salary after an interview is around 10.5 LPA. 20.5 LPA.
AB InBev, ZS Associates, DE Shaw & Co., Bain Capability Network, Exxon Mobil, Accenture, Aditya Birla Group, Infosys, Hyundai, IBM, ICICI, KPMG, Deloitte and Dabur are among the major companies that come to the campus to conduct placements and offer lucrative salaries to graduates.
Delhi Technical University (DTU), Delhi
DTU offers two-year full-time MBA courses Admissions to the MBA programs are determined by the score of the CAT exam. It’s a 75-year-old and boasts one of the top MBA faculty in India. This is one of the universities that provide an MBA for a very low cost that ranges from the range of INR 3.96 Lakh – INR 4.19 Lakh. The median salary here ranges from approximately 22 LPA. Companies like Google, Uber, Amazon, Facebook, Bloomberg, and many more. offer placements to DTU students who have graduated.

Aspirants who wish to pursue an MBA must first make a list of colleges that they wish to get into. They must make a decision based on their choice of specification and their budget and not be carried away with the flow. Below is a list of some other colleges along with the courses offered, that have a low fee structure.

B-school	Course Name	*Fees
International School of Management and Research- ISMR	MBA	INR 3.44 L – 6.5 L
SIMSREE, Mumbai	Post Graduate Diploma in Business Management	INR 69,000
CU – Chandigarh University	MBA Tourism and Hospitality Management	INR 57.8 K – 6.04 L
Indira Institute of Management – IIMP	MBA	INR 4.4 L – 8 L
ASM’s Institute of Business Management and Research-IBMR	MBA	INR 3 L – 6.5 L
Amity University	MBA in Agriculture and Food Business	INR 4.86 L – 20.16 L
Ambedkar University	MBA	INR 3 L
AIMS Institute of Management Studies	MBA	INR 3.95 L – 5.9 L
MIT Pune – MIT World Peace University	MBA	INR 3.5 L
DBS – Doon Business School	MBA International Business	INR 5.15 L – 9.79 L

Best MBA colleges in India with low fees without CAT

Many colleges in India offer MBA programs at a minimal cost. These courses are delivered based on entrance examinations conducted by the individual university. Here is a list of Best MBA colleges in India with low fees without CAT

No.	Name of Colleges	Fee Structure
1	Guru Gobind Singh Indraprastha University [GGSIPU]	INR 56,000
2	Bangalore University	INR 66,000 to 75,000
3	Visvesvaraya Technical University [VTU]	INR 56,000 to 65,000
4	Dr. B.R. Ambedkar University	INR 2,99,880
5	University Business School – Panjab University	INR 50,000- 96,345
6	Sydenham Institute of Management Studies, Research & Entrepreneurship Education [SIMSREE]	INR 1,36,000
7	Tata Institute of Social Sciences [TISS], Mumbai	INR 1,14,600
8	Department of Management Sciences, University of Pune [PUMBA]	INR 1,34,000
9	Jamnalal Bajaj Institute of Management Studies [JBIMS], Mumbai	INR 6,00,000
10	Pune Institute of Business Management, Pune	INR 7,95,000

Frequently Asked Questions:

Q. Which is the best college for MBA Finance in Mumbai?

Ans. ROI of Top MBA in Finance Colleges in Mumbai

Name of College	Course Fee (In INR)
SPJIMR – S.P. Jain Institute of Management and Research	17.5 L
SIMSREE – Sydenham Institute of Management Studies Research and Entrepreneurship Education	1.34 L
NMIMS SBM Mumbai	21.9 L
ICFAI Business School (IBS), Mumbai	9.09 L

Q. Which MBA is best for finance?

Ans. QS MBA by Specialization Rankings 2019: Finance

Rank	Business School	Location
1	The Wharton School	Philadelphia (PA)
2	Harvard Business School	Cambridge (MA)
3	Columbia Business School	New York (NY)

Q. Which part-time MBA is best in Mumbai?

Ans. Top 5 Part-Time MBA Colleges in Mumbai

NMIMS Part-Time MBA.
KJ Somaiya Institute of Management.
Sinhgad Institute of Business Management.
MET Institute of Management.
Thakur Institute of Management Studies & Research.

Q. What is the salary of an MBA in finance?

Ans. MBA Finance fresher salary in India ranges between ₹ 0.2 Lakhs to ₹ 54.4 Lakhs with an average annual salary of ₹ 2.7 Lakhs. Salary estimates are based on 89 salaries received from MBA Finance freshers.

Q. Is ITM Navi Mumbai Good for MBA in finance?

Ans. The college was established in 1991 and is ranked ten for MBA by Outlook – ICARE 2021 for MBA. The college is accredited by NBA and is recognized by UGC, AIU, and AICTE. At the PG level, ITM Business School Navi Mumbai offers PGDM iConnect course in ten specializations.

Q. Is IIM good for Finance?

Ans. It is heartening to note that IIM Calcutta is ranked No 1 in Finance and No 2 in Economics among the top 70 global business schools that offer masters in management programme. This is a recognition of the quality of faculty, research and academic rigor that IIM Calcutta stands for.

Q. What is the salary after MBA from IIM?

Ans. The average salary package offered to candidates from top IIMs ranges from INR 20-25 lakh per annum, while salary packages of newer IIMs fall between INR 10-20 lakh per annum. The highest salary offer at the top IIMs – A, B, C has seen INR 70 lakh to INR 1 crore being offered as CTC.

Q. Can I get admission to an MBA without CAT?

Ans. Yes, there are over 50 MBA entrance exams in India out of which, about seven are conducted at the national level. Candidates can opt for CMAT, MAT, XAT, IIFT, SNAP, GMAT, and ATMA, instead of CAT.

Private MBA Colleges in Mumbai

Top 5 Private MBA colleges in Mumbai – Mumbai is the capital of business and finance in India is also one of the most sought-after MBA locations in the nation. In fact, Mumbai is one of India’s most sought-after MBA destinations. MBA schools located in Mumbai provide top-quality MBA education that is highly rated and has high places.

Mumbai has a sum of six MBA colleges ranked under NIRF 2022. Out of the all out top MBA colleges in Mumbai, 60% are controlled by confidential bodies while the leftover 40% are controlled by the Government. Besides NIRF, these colleges are likewise included in several other ranking frameworks.

It is also a center of learning in technology, management, and other related sectors. Master of Business Administration or MBA is among the most sought-after postgraduate programs in Mumbai. This two-year course can lead to numerous career opportunities within the corporate world.

Based on reputed Rankings, the top 5 MBA colleges in Mumbai are JBIMS Mumbai; SPJIMR Mumbai; NMIMS Mumbai; K J Somaiya Mumbai, and NITIE Mumbai.

If we extend this list, then we will find that SJMSOM IIT Mumbai, Welingkar, Mumbai, SIMSREE Mumbai, SIES Mumbai, IESMCRC Mumbai, and Kohinoor Business School are also top-ranked MBA schools located in Mumbai. These management schools make Mumbai an ideal MBA destination. A successful MBA professional should possess skills such as excellent leadership, communication managing, problem-solving, analytical thinking, research-oriented with a keen eye for detail, focus-oriented and ability to be under pressure, solid mathematical abilities, etc.

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Top MBA Colleges in Mumbai: Highlights

The table below mentions the critical features of top MBA Colleges in Mumbai.

Parameters	Particulars/ Statistics
No. of top MBA colleges in Mumbai (by NIRF)	Six
Annual fees	– Annual fee more than INR 5 lakh: 16.67 per cent – Annual fee less than INR 1 lakh: 83.33 per cent
Top specialisations	Operations, Entrepreneurship, Finance, Sales and Marketing, Business Economics, Family Business, Human Resources, IT and Systems, International Business, Retail, among others
Admission Process	Entrance-based: CAT, MAT, XAT, CMAT, NMAT, ATMA, SNAP

Master of Business Administration (MBA) is a professional PG degree proposed to prepare aspirants for business the executives and tasks. MBA is one of the most famous post-graduate projects across India. The two-year degree program is picked by the candidates because of the lucrative placement choices joined with the course. Almost 40 MBA colleges in Mumbai have been ranked by various ranking associations including NIRF, the WEEK, the OUTLOOK, Business Today and TIMES.

Mumbai has MBA colleges tolerating public and state-level entrance exams, including CAT, GMAT, XAT, CMAT, ATMA, MAT, MAH CET, NMAT, and so on, for MBA affirmations.

Best Colleges in Mumbai

Top MBA Colleges in Mumbai: Eligibility Criteria

The eligibility criteria for MBA courses contrast slightly across colleges. Notwithstanding, the fundamental eligibility is identical in all the b-schools in Mumbai.

Qualifying Degree: Candidates should have a four year college education from a perceived institute/university.

Discipline/Stream of Qualifying Degree: Candidates across various streams including Science, Arts or Commerce can take part in the MBA confirmation process

Score in Qualifying Degree Exam: Many institutes will offer admission to the candidates who finish the degree examination. Be that as it may, a few colleges have least score criteria for general classification candidates as 50% and for held class as 45%.

Extra Eligibility Information

Last year graduation candidates are likewise qualified to apply for MBA, gave they present the confirmation of fruition of graduation degree inside the span determined by the institute
Candidates with work experience will get themselves some pats on the back while MBA affirmation

ITM Navi Mumbai Placement Details 2022

Top MBA Colleges in Mumbai with NIRF Ranking and Rating (Aggregate)

NIRF positions institutes across streams thinking about various boundaries. Boundaries to rank institutes under NIRF include:

Teaching, Learning and Resources
Examination and Professional Practice
Graduation Outcomes
Outreach and Inclusivity
Peer Perception

Besides NIRF, the rating considers checked surveys from dynamic understudies and graduated class to rate colleges on a size of five. The table below mentions the colleges ranked by NIRF 2021 under the Management stream alongside the total rating.

Highest level MBA Colleges in Mumbai by NIRF

Name of MBA College in Mumbai	NIRF’21 Ranking	Rating (Aggregate)
Shailesh J. Mehta School of Management, IIT Bombay	#10	4.6
National Institute of Industrial Engineering	#12	4.6
SPJIMR – S.P. Jain Institute of Management and Research	#19	4.3
Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS University, Mumbai	#22	4
K J Somaiya Institute of Management	#56	4.1
Prin. L. N. Welingkar Institute of Management Development and Research – Online Distance Learning Center	#71	4.1

ITM Navi Mumbai Courses 2022

RoI of Top MBA Colleges in Mumbai

Name of the College	Course Fee (in INR)	Average Annual Package (In INR)
Shailesh J. Mehta School of Management, IIT Bombay	8.67 L	21.96 LPA
Prin. L. N. Welingkar Institute of Management Development and Research – Online Distance Learning Center	17.25 K	8.61 LPA
SPJIMR, Mumbai	17.5 L	19.5 LPA
National Institute of Industrial Engineering	12.53 L	10.88 LPA
Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS University, Mumbai	20.87 L	15 LPA

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Top 10 MBA Colleges in Mumbai

Tabulated below is the list of top MBA colleges in Mumbai along with their fee 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 MBA Colleges in Mumbai: Ranking

Rankings of the top colleges in India are released by different agencies every year. These agencies discharge different records like Top MBA Colleges in India, Top MTech Colleges in India, and so on. In light of different parameters like Perception of the College, Placements, Teacher-Student Ratio, and so on, these rundowns are additionally released for different urban communities and states in India.

A portion of the top agencies in India delivering such records are NIRF, India Today, Economic Times, and so on. Listed below is the ranking of top MBA colleges in Mumbai with fees.

MBA Colleges in Mumbai: Ranking, Fees, & ROI

Top MBA Colleges in Mumbai: NIRF Ranking 2022

NIRF (National Institutional Ranking Framework) is the premier ranking agency in India and is controlled by the Ministry of Education, Government of India. It delivers the ranking records for different colleges in India separated into 8 categories.

National Institute of Industrial Engineering has been ranked as the best MBA college in Mumbai by NIRF ranking 2022. The institute has secured ninth rank in India by the national ranking agency in 2022.

Different colleges in Mumbai ranked by NIRF are Shailesh J. Mehta School of Management-IIT Bombay SP Jain, NITIE, Narsee Monjee, and KJ Somaiya.

NIRF Ranking 2022	College Name	NIRF Score
9	National Institute of Industrial Engineering	68.84
11	Shailesh J. Mehta School of Management, IIT Bombay	66.24
21	SPJIMR – S.P. Jain Institute of Management and Research	59.51
25	Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS University, Mumbai	58.14
68	Welingkar Institute of Management	46.76
71	K J Somaiya Institute of Management	46.31
102 – 125	Amity University, Mumbai	–

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Top Private MBA Colleges in Mumbai

There are several B-Schools that provide MBA/PDGM courses in India. A majority of the renounced colleges are found in the capital city of Maharashtra. Known for their excellence in producing future leaders of the world, here is a list of the top 5 private MBA colleges in Mumbai.

SP Jain Institute of Management and Research
Welingkar Institute of Management and Research
NARSEE Institute of Management Studies (NMIMS)
KJ Somaiya Institute of Management (KJSIM)
Institute of Technology And Management Business School(ITM)

SP Jain Institute of Management and Research, Mumbai

SPJIMR, or S P Jain Institute of Management and Research, is a private post-graduate institution accredited by the Association to Advance Collegiate Schools of Business (AACSB). SPJIMR’s PGDM Programme has received a ‘A’ from the National Board of Accreditation (NBA). The All India Council for Technical Education has also approved it (AICTE). It is placed third in the Financial Times Masters in Management Rankings 2020, eighth in The Week’s Best Colleges in Mumbai, and sixth in Business World’s Top Colleges in Mumbai.

Below are the highlights of S P Jain Institute of Management and Research, Mumbai

Full form	Sahu Shreyans Prasad Jain Institute of Management and Research
Location	Dadabhai Road, Andheri (W), Mumbai
Establishment Year	1981
Student Intake	276 (PGDM)
Academic Staff	44+
Number of Courses	10+
Qualifying Exams	CAT/XAT/GMAT
Expected Cutoff	85 %ile
Fee	17.88 Lakhs
Application Fee	INR 1500
Scholarships offered	Merit and Need-Based

Welingkar Institute of Management and Research

Welingkar School (WE School) is a private business institution in Mumbai that was founded in 1977 and is widely considered as the top private B-School in West India. Welingkar is accredited by the National Board of Accreditation (NBA), the Association of Indian Universities (AIU), and the All India Council for Technical Education (AICTE). Outlook Magazine ranked first in Mumbai for Business School Ranking 2022 and top Private Affiliated Colleges.

Below are the highlights Welingkar Institute of Management Development and Research:

Full Name	L.N Welingkar Institute of Management Development and Research
Location	Lakshmi Napoo Road, Near Matunga (Central Rly.) Matunga West, Mumbai
Establishment Year	1977
Total seats	620 (PGDM)
Academic Staff	60+
Number of Courses	6+
Qualifying Exams	CAT/GMAT/XAT/MAT/CMAT/MAH-CET
Expected Cutoff	80-85
Last date to apply for PGDM 2022	26 Jan ’22
PGDM GDPI shortlist	1 Mar ’22 – 31 Mar ’22
Pre-Interview Questionnaire (Online PIQ test	Last week of March

NARSEE Institute of Management Studies (NMIMS)

Narsee Monjee Institute of Management Studies (NMIMS), founded in 1981, is an institute with category I universal status in India. The Ministry of Education granted this status (MHRD).

This Institute is accredited by the NAAC (A+) and the University Grants Commission (UGC). Outlook ranks NMIMS Mumbai fourth in the private MBA category while NIRF ranks it 22nd in the MBA category.

Below are the highlights of Narsee Monjee Institute of Management Studies (NMIMS)

Full Name	Narsee Monjee Institute of Management Studies (NMIMS)
Location	V. L, Pherozeshah Mehta Rd, Vile Parle West, Mumbai, Maharashtra 400056
Establishment Year	1981
Total seats	17000+ (All), 850 (MBA)
Academic Staff	750+
Number of Courses	200+
Qualifying Exams	CAT/NMAT/CMAT/NMIMS-CET
Expected Cutoff	90-95
Commencement of Exam	April- May (Tentative)
Fee	12.04 Lakhs- 24.04 lakhs
Application Fee	INR 2600

KJ Somaiya Institute of Management (KJSIM)

K J Somaiya Institute of Management is the constituent B-school of Somaiya Vidyavihar University. K J Somaiya Institute of Management in Mumbai was founded in 1981 and is AICTE and NBA certified. In 2020, Business World Rankings ranks this School 19th, while NIRF ranks it 56th.

Below are the highlights of K J Somaiya Institute of Management

Full Name	K J Somaiya Institute of Management
Location	Vidyanagar, Vidya Vihar East, Vidyavihar, Mumbai, Maharashtra 400077
Establishment Year	1981
Total seats	600 (MBA)
Academic Staff	35+
Number of Courses	10+
Qualifying Exams	CAT/NMAT/CMAT/XAT/GMAT
Expected Cutoff	80-85 %ile
Fee	18.79 lakhs
Application Fee	INR 3000
Type of Scholarships	Merit and Need Based

Institute for Technology and Management (ITM)

Since 1991, the Institute for Technology and Management (ITM) in Mumbai has provided superior education as part of the ITM group of colleges. The Institute for Technology and Management (ITM), Mumbai, is placed 10th in the Outlooks annual Ranking of India’s Top Private B-Schools in the Private MBA category.

It is well-known for its i-connect programs in many disciplines. ITM Mumbai is NBA-accredited and recognized by the UGC, AICTE, and AIU.

Below are the highlights of Institute for Technology and Management (ITM), Mumbai

Full Name	Institute for Technology and Management (ITM)
Location	Plot 25 & 26 Institutional Area, Sector 4, Kharghar, Mumbai, Maharashtra 410210
Establishment Year	1991
Total seats	15000+ (All)
Academic Staff	650+
Number of Specializations	10
Qualifying Exams	CAT/NMAT/CMAT/MAH-CET/MAT/GMAT
Expected Cutoff	70-75
Commencement of Exam	April- May (Tentative)
Fee	10.45 Lakhs
Application Fee	INR 1500

MBA Colleges in Navi Mumbai 2022

List of Private MBA Colleges in Mumbai

Names of Private MBA College in Mumbai	Course Fee (In INR)
SPJIMR – S.P. Jain Institute of Management and Research	17.50 L
K J Somaiya Institute of Management	18.75 L
Prin. L. N. Welingkar Institute of Management Development and Research – Online Distance Learning Center	17.25 K

List of Public MBA Colleges in Mumbai

Names of Private MBA College in Mumbai	Course Fee (In INR)
Shailesh J. Mehta School of Management, IIT Bombay	8.67 L
National Institute of Industrial Engineering	12.53 L to 14.63 L

MBA Finance Colleges in Mumbai 2022

Top Recruiters for MBA Graduates

MBA graduates from any domain are in high demand. Below is the list of few top companies in Mumbai that recruit MBA graduates along with their placement ratings:

Colleges	Placement Ratings (Based on Reviews)	Top Recruiters
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, Mumbai	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.
SPJIMR, Mumbai	4.2	3I Infotech, Citi Bank, Frost & Sullivan, 3M, Coffee Day Beverages, FTI Consulting, ABN Ambro Bank, Cognizant, Future Group, Accenture, Credit Mantri, Galaxy Surfactants, Amazon, Crisil, Gartner, Indus Towers, Mphasis, Sical Logistics, IndusInd Bank, Myntra, Simplilearn, Infosys, Nazara Technologies, Schlumberger, Infrastructure Debt Fund, Netmagic Solutions, Sutherland Global Services, JDA Software, Newt Global, Symantec, etc.
KJ Somaiya Institute of Management, Mumbai	4.2	ITC, Airtel, Amazon, Bisleri, Bajaj Electricals Ltd., Puma, LG, Accenture, Grofers, Deutsche Bank, Mercedes Benz, Deloitte, Cognizant, Dell, Google, ICICI Bank, Hero, Jio, Mahindra, MuSigma, Reliance, HDFC Bank, Wipro, Sun Pharma, Hindustan Unilever Ltd., VLCC, Axis Bank, etc.
NMIMS School of Business Management, Mumbai	4.1	Cognizant, Deloitte, EY, KPMG, PwC, IBM and Microsoft, Barclays Bank, Centrum, CITI Bank, Credit Suisse, CRISIL, DBS Bank, DHL Express, FedEx Express, Google, HCL, HP, HT Media, IBM, Info Edge (India) Ltd., Jindal Steel, KPMG, Microsoft, Shemaroo Entertainment, Whirlpool, Wildcraft, etc.

MBA Colleges in Mumbai without Entrance Exam

MBA colleges in Mumbai without entrance exam – College graduates are eager to gain admission to the MBA course due to the lucrative job prospects it provides. About 6,00,00 students are taking the best MBA programs in India Admissions to the MBA courses are made through a strict procedure.

Admission to MBA straight without an entrance exam is an excellent option for candidates who wish to pursue a career in the field and would prefer not to take part in MBA examination preparation.

There are 651 private and 3861 public MBA schools in India and admissions into which the majority of applicants pass entrance tests like tests like CAT, MAT, and XAT. But, some colleges offer admissions directly to MBA admittance with no entrance test.

Students who don’t choose to take entrance exams like CAT or OPENMAT, etc.can take up careers in management at private institutions.

NMIMS Mumbai Average Package: MBA & MBA Core Placements

Top MBA Colleges Offering Direct MBA Admission Without Entrance Exams

To help MBA aspirants to locate and choose the MBA college offering direct MBA admission without entrance exam, a list of such institutes/universities with the fee is given below

MBA College	Fees
School of Inspired Leadership – SOIL, Gurgaon	INR 12,50,000-16,50,000
Regenesys Institute of Management Mumbai	INR 16,00,000
Amity Global B-school School (Amity University) in Delhi NCR, Bangalore, Pune, Mumbai and many other locations	INR 3,75,000-7,00,000
CII School of Logistics, Amity University, Noida	INR 8,61,000
Birla Global University, Bhubaneswar	INR 7,50,000
UPES School of Business, UPES University, Dehradun	INR 13,34,000
O P Jindal Global University	INR 11,00,000
School of Management and Entrepreneurship, Shiv Nadar University, Greater Noida	INR 10,000,00
GIBS Bangalore	INR 5,50,000
IIBS Bangalore	INR 7,00,000

Eligibility to Direct MBA Admission in Mumbai – MBA colleges in Navi Mumbai: Top MBA colleges in Mumbai shortlist and offer admission to their flagship MBA/PGDM programmes on the basis of the Entrance exams. As discussed in the article we have also covered details about the MBA fees in mumbai

Admission tests may not be included in a college’s admission requirements for admission to MBA courses, but applicants must meet the minimum requirements for eligibility to apply for admission to an MBA or PGDM course. If a student doesn’t meet the eligibility criteria then they won’t be eligible to apply for admission at the MBA institution in Mumbai or elsewhere in the nation.

The criteria for eligibility are as the following:

The candidate must be a graduate in the undergraduate program with a degree at least 3-4 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 is an Indian Resident.
All academic papers must be valid.
The candidate must not be an active employee of the government.

Documents required to be submitted for Direct MBA Admission in Mumbai

Certain documents must be provided to candidates prior to the process of applying for direct admission to any MBA college starts. These documents are required for validation and verification of the candidate’s credentials and personal details. The required documents for direct admission into MBA institutions for admission to MBA colleges in Mumbai are:

Undergraduate Course Marksheets/Provisional Certificates
The Class 10, Class 12, and 12 marksheets as well as Certificates
Identity Proof – Passport Pan Card, Aadhar Card, etc.
Recent Photo
Transfer Certificate (if required)
Certificate of Migration Certificate (if required)
Gap Year Certificate (if applicable)
Category Certificate (if relevant)

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Top MBA Colleges in Mumbai with low fees

Top MBA colleges with low fees structure – The best MBA colleges with low fees, such as IIMs, XLRI, MDI, and SPJIMR, have fee structures ranging from Rs.17 lakhs to Rs.24 lakhs.

Lowest MBA Fees in India List-

Top MBA college with Low Fees	Programme Fee
Faculty of Management Studies (FMS) Delhi – University of Delhi	Rs. 1,94,000
Delhi School of Economics, Delhi University	Rs. 32,000
GGSIPU, Delhi	Rs. 59,000
PUMBA, Pune	Rs. 1,34,000

Faculty of Management Studies is one of the top-ranking management institutes in India which offer MBA courses at the cheapest prices known to be one of the best mba colleges in india with low fees.

Top MBA colleges with low fees is between Rs. 50,000 and Rs. 10 Lakhs for a two-year full-time residential MBA or PGDM program. The best MBA colleges with low fees, such as IIMs, XLRI, MDI, and SPJIMR, have fee structures ranging from Rs.17 lakhs to Rs.24 lakhs.

Top MBA colleges with low fees in India that offer low-cost MBAs are affiliated with or management departments of Delhi University, Mumbai University, GGSIPU University Delhi, Bangalore University, Pune University, and Panjab University, among others. To gain admission to a top MBA college with low tuition, you must perform well on an entrance exam such as the CAT/XAT/CMAT/MAH CET and have excellent academics/work experience.

Top MBA colleges in India with Low Fee offer high RoI MBA programmes. These Top B-schools in India offering affordable MBA include

Top MBA colleges with low fees structure (Rupees)

SRM University Chennai: 5,00,000
K R Mangalam University Delhi: 2,60,000
Pune Business School: 5,50,000

According to the NIRF rankings and other B-School surveys, top MBA colleges in India include IIM Ahmedabad, IIM Calcutta, XLRI Jamshedpur, IIM Lucknow, IIM Indore, and others. The best MBA colleges in India provide Regular MBA, Online MBA, and Distance MBA programs. There are 4736 top MBA colleges in India, with 710 being government and 3969 being best private MBA colleges in India.

To get admission in a top MBA college with low fees, you should score high in the entrance exam like CAT/XAT/CMAT/MAH CET and have excellent academics/work experience. This article from MBAUniverse.com presents the best MBA colleges with low fee in India, and will guide you in taking the right MBA admission decision. Minimum fees for mba is from Rs. 50,000 to Rs. 10 Lakhs for 2 year full time residential MBA or PGDM programme.

Those who want to pursue an MBA should first make a list of colleges that they want to attend. They must make a decision based on their specification and budget rather than being carried away by the flow. Below is a list of Top MBA colleges with low fees structure, as well as the courses they offer.

B-school	Course Name	*Fees
International School of Management and Research- ISMR	MBA	INR 3.44 L – 6.5 L
SIMSREE, Mumbai	Post Graduate Diploma in Business Management	INR 69,000
CU – Chandigarh University	MBA Tourism and Hospitality Management	INR 57.8 K – 6.04 L
Indira Institute of Management – IIMP	MBA	INR 4.4 L – 8 L
ASM’s Institute of Business Management and Research-IBMR	MBA	INR 3 L – 6.5 L
Amity University	MBA in Agriculture and Food Business	INR 4.86 L – 20.16 L
Ambedkar University	MBA	INR 3 L
AIMS Institute of Management Studies	MBA	INR 3.95 L – 5.9 L
MIT Pune – MIT World Peace University	MBA	INR 3.5 L
DBS – Doon Business School	MBA International Business	INR 5.15 L – 9.79 L

NMIMS Mumbai MBA Fees & Courses 2022

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

list of MBA colleges in Mumbai including Top MBA colleges with Entrance exam is given below in the article

Business schools in mumbai In Navi Mumbai, there are nearly Top 20 MBA Colleges that provide full-time MBA programs. Approximately 91.7 percent of the top MBA institutions in Navi Mumbai are private, with the remaining 8.3 percent being public/government.

List of Government MBA Colleges in Mumbai with Fees Structure

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.

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.

Name of the college	MBA Fees
Sydenham Institute of Management Studies and Research and Entrepreneurship Education (SIMSREE)	INR 1,34,000
Jamnalal Bajaj Institute of Management Studies (JBIMS)	INR 1,02,290
Veermata Jijabai Technological Institute [VJTI]	INR 3,00,000 to INR 4,00,000
National Institute of Industrial Engineering (NIIE)	INR 13,43,000
IMU Mumbai Port Campus	INR 2,20,000
Shailesh J. Mehta School of Management (SJMSOM	INR 8,27,000
Shreemati Nathibai Damodar Thackersey [SNDT] Women’s University	INR 1,02,000

NITIE Mumbai GATE Cutoff 2022: Last Year Cutoff and Admission Through GATE

Frequently Asked Questions

1. Which is best MBA college in Mumbai?

Ans. Top MBA Colleges in Mumbai: India Today Ranking

College Name	India Today Ranking 2022
SP Jain Institute of Management and Research (SPJIMR)	4
Narsee Monjee Institute of Management Studies (NMIMS)	9
National Institute of Industrial Engineering (NITIE)	11
K J Somaiya Institute of Management Studies and Research (KJ SIMSR)	25

2. Which colleges provide MBA in Mumbai?

Ans. List of top public MBA colleges in Mumbai

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

3. Is MBA in Mumbai Good?

Ans. Indeed, Mumbai is one of India’s leading MBA destination. Based on reputed Rankings, the Top 5 MBA colleges in Mumbai are JBIMS Mumbai, SPJIMR Mumbai, NMIMS Mumbai, K J Somaiya Mumbai, and NITIE Mumbai.

4. Does an MBA guarantee a good job?

5. Which MBA has the highest salary in India?

Ans. Gurgoan is the highest paying market with an average salary of Rs 750,000. Bangalore follows up with Rs 730,000. In Mumbai, an MBA gets Rs 732,000, while in Delhi, around Rs 690,000 is given.

6. Which college is better for MBA in Mumbai?

Ans. SPIJMR and NMIMS are better for MBA in Mumbai

7. Which is the No 1 college in Mumbai?

Ans. St. Xavier’s College is the No 1 college in Mumbai.

8. Which College in Mumbai has the best Campus?

Ans. St. Xavier’s College and Sophia College have the best Campus in Mumbai.

9. Which is the largest college in Mumbai?

Ans. The University of Mumbai or Mumbai University is the largest college in Mumbai.

10.Which is better SK or KJ?

Ans. KJ Somaiya is better than SK Somaiyam.

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MBA Colleges In Mumbai With Low Fees 2022

Top MBA colleges in Mumbai and Best MBA colleges in Mumbai includes best private MBA colleges in Mumbai and best government MBA colleges in Mumbai. SPJIMR is always listed in the list of best colleges for MBA in Mumbai. There are number of colleges in Mumbai, but some 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 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.

ITM business school, which is located in Kharghar is known as the educational hub of Navi Mumbai – a destination for many reputed colleges and universities. In 1991, the first fully functional and autonomous ITM campus was founded in Kharghar to deliver business management education. The campus is located close to the Sion-Panvel Expressway and the railway station for easy accessibility by students.

ITM full form institute for technology & management Navi Mumbai, Kharghar campus; it has all the modern facilities befitting to a world-class institution delivering business education. With a range of pedagogical, curricular, and extracurricular activities and the resources available, the campus offers a conducive environment for each student to experience holistic development.

MBA Colleges In Mumbai With Low Fees Structure Highlights 2022:-

Total MBA Colleges in Mumbai	180
Average Fees	Annual fee: More than Rs. 5 lakh- 48% Rs. 3-5 lakh- 24% Rs. 2-3 lakh- 11% Rs. 1-2 lakh- 11% Less than Rs. 1 lakh- 6%
Top Specializations	Finance Sales and Marketing Human Resources IT and Systems Operations International Business Supply Chain Business Analytics Entrepreneurship Healthcare and Hospital
Admission Process	CAT, MAT, XAT, CMAT, ATMA, MAH CET and more.
Number of IITs	One

MBA Colleges In Mumbai Specialization Offered 2022:-

MBA is a domain that furnishes the aspirants with many choices to do a specialization in. The aspirant can determine in which domain he/she needs to specialize in. After pursuing a specialization in a precise field, they obtain the abilities and knowledge associated to the field.

Here is the list of top specializations in MBA:-

MBA in Marketing
MBA in Finance
MBA in General Management
MBA in International Management
MBA in Human Resource Management
MBA in Operations Management
MBA in Rural Management
MBA in Logistics Management
MBA in Information Technology
MBA in Business Management

MBA Colleges In Mumbai Eligibility Criteria 2022:-

The aspirants willing to pursue an MBA program, they ought to have a bachelor’s diploma with at least 50% marks or equal from a recognized board or university.
They additionally appear for the entrance examination that is carried out by using the faculties and exclusive universities.

MBA Colleges In Mumbai Admission Process 2022:-

The admission process for MBA of each and every college is special based on their university norms and policies that they set. The admission process is based totally on both merit-list or the ratings obtained on the entrance examination that the candidate appears for. The aspirant urges to follow the recommendations of the university to get admission to the particular course.

Mentioned beneath is the list of some of the entrance examinations that are conducted to provide admission for the course:-

CAT
XAT
MAT
SNAP
NMAT
CMAT
MAHCET

Career Options Available After MBA In Mumbai 2022:-

Once the aspirant finishes off the course successfully, they are employed beneath special job roles primarily based on the specializations which they have chosen while pursuing this course.
The aspirants who have already pursued MBA or are currently pursuing MBA have a very vibrant scope for a profession in the future due to the fact MBA holds a lot of importance and organizations hire aspirants who are specialized in the field.
Choosing a career in MBA is a very good preference and also has many enterprise opportunities.
The aspirant has higher chances of getting hired in a greater job function primarily based on the diploma that they hold.
Doing a course in MBA not solely will increase your expert growth but also enhances your non-public growth simultaneously.
MBA also helps you to increase unique skills that are beneficial for you.
Most of the time, the expert with a greater degree of schooling and ability is paid a high salary package.
The doorways are open to many profession opportunities in the area out of which some are listed beneath with the predicted salary:-

Job Profile	Expected Salary
Relationship Manager	Rs. 4 Lakhs p.a.
Marketing Executive	Rs. 3 Lakhs p.a.
Business Analyst	Rs. 5 Lakhs p.a.
Area Sales Manager	Rs. 7 Lakhs p.a.
Operations Manager	Rs. 10 Lakhs p.a.
Human Resource Manager	Rs. 11 Lakhs p.a.
Assistant Human Resources Manager	Rs. 9 Lakhs p.a.
Business Development Manager	Rs. 11 Lakhs p.a.
Account Manager	Rs. 11 Lakhs p.a.
Executive Assistant	Rs. 10 Lakhs p.a.

Top Recruiters For MBA In Mumbai 2022:-

After successfully persisting in an MBA program, the aspirants are hired by some of the top companies which usually hire professionals with higher education in the field. Some of the colleges procure placement opportunities while others do not.

The companies that come to college usually hire aspirants with good skill sets and also academic performance. The aspirants should also be well-organized and systematic in the work that they do. Therefore, to get hired by the top companies the aspirant must have the required knowledge that is needed to work in the field.

Here are some of the top employers in the sector, which includes:-

Amazon
Apple
Deloitte
TCS
Citigroup
Bain & Company
Facebook
Accenture
Capgemini
Hub Spot

List Of Top Private MBA Colleges In Mumbai With Low Fees Structure 2022:-

Name of the College	Course Fee (in Rs)
ASM’s Institute of Management & Computer Studies, Thane	2.31 L – 6.5 L
Dr DY Patil University’s School of Management, Navi Mumbai	8.4 L
GNVS Institute of Management, Mumbai	3.5 L
Kohinoor Business School, Mumbai	5.5 L
Sir M. Visvesvaraya Institute of Management Studies and Research, Mumbai	4.6 L

List Of Top Government MBA Colleges In Mumbai With Low Fees Structure 2022:-

Name of the College	Course Fee (in Rs)
Tata Institute of Social Sciences, Mumbai	40.6 K – 1.05 L
Bombay Stock Exchange Institute, Mumbai	5.6 L – 30.76 L
Shailesh J. Mehta School of Management, IIT Bombay, Mumbai	8.32 L
National Institute of Industrial Engineering, Mumbai	6.63 L – 14.63 L
Sasmira’s Institute of Management Studies and Research	3.8 L

ROI Of Top MBA Colleges In Mumbai 2022:-

Return on Investment of top colleges in Mumbai is calculated by dividing the return or benefit by the cost of investment as fees. In other words, ROI pertains to what placement an aspirant gets vs what they paid for the college. Aspirants can check the list of MBA colleges in Mumbai and their course fee and average salary.

Name of the College	Course Fee in Rs	Average salary (in Rs LPA)
TISS, Mumbai	30.33 LPA	20.06 LPA
NMIMS, Mumbai	30.37 LPA	17.97
SJMSOM, IIT Bombay, Mumbai	32.4 LPA	20.8
SIMSR Mumbai	28.5 LPA	13.25
SIMSREE, Mumbai	17 LPA	10.97

ITM MBA Fees:-

ITM Business School, Navi Mumbai Courses & Fees 2022

Courses	Total tuition Fees	Eligibility
ITM Navi Mumbai MBA fee: MBA/PGDM(10 Courses)	INR 10.45 L (for 2 years)	Graduation: 50 % Exams: MAT XAT +5 more

ITM Course Admission:-

Streams:-

Commerce
Computer Applications and IT
Management and Business Administration

ITM Navi Mumbai Average Package:-

During the PGDM marketing placement drive, the highest possible salary was offered at INR 22 LPA and the average salary was at INR 8.5LPA. 100% of the batch was offered a job.
100% of the batch was hired during the PGDM business analytics placement drive. The average salary for students was INR 6 LPA. The highest package was INR 13.4 LPA.
100% of the PGDM Operations & supply chain management students were hired during the placement drive. The average salary was INR 6 LPA and the highest package was INR 13.4LPA.
During the PGDM Finance Management placement drive, an INR 7.6 LPA average salary was received. The highest package was INR 14.2 LPA.
100% of students in the PGDM Retail Manager specialization were placed during the placement drive. INR 22 LPA was the highest possible salary package. The average salary was INR 7 LPA.
The PGDM International Business placement drive saw 100% placements for the participants. The average salary was INR 7.1 LPA and the highest package came in at INR 15 LPA.
100% of the PGDMHR Management batch were placed during the placement drive. The maximum salary package was INR 8 LPA, while the average salary was INR 5.6 LPA.
An average salary package of INR 6.5 LPA was offered during the Financial Market Management placement drive. The highest package was INR 10.8 LPA.

ITM Navi Mumbai MBA Placements 2022:-

The below table shows the highlights of ITM Navi Mumbai MBA Placements 2022:-

Particulars	Marketing
Highest salary	INR 22 LPA
Average salary	INR 5.6 LPA to INR 7.5 LPA
Top recruiters	Amazon, Shoppers Stop, Kotak Mahindra Bank, LG, JP Morgan

During the MBA placement drive, the highest salary package rose up to INR 22 LPA. An average salary of INR 7.5 LPA was offered to the students. Recruiters like Amazon, Shoppers Stop, Kotak Mahindra Bank, LG, JP Morgan visited the campus.

ITM Navi Mumbai MBA Placements 2022 Specialization-Wise:-

The below table represents the specialization-wise placement data of ITM Navi Mumbai Placements 2022:-

Particulars	Marketing	HR	Finance
Number of recruiters	–	–	–
Placement percentage	100%	–	–
Highest salary	INR 22 LPA	INR 8 LPA	INR 12 LPA
Average salary	INR 7.5 LPA	INR 5.6 LPA	INR 7 LPA

During the MBA Marketing placement drive, 100% of the batch got placed. The highest salary stood at INR 22 LPA & average salary stood at INR 7.5 LPA. During the MBA HR placement drive, the highest salary package & average salary stood at INR 8 LPA & 5.6 LPA respectively.

During the MBA Finance placement drive, students received an average salary of INR 7 LPA. The highest salary package stood at INR 12 LPA.

ITM Navi Mumbai Placements Year Wise:-

The below table shows the year-wise trends of ITM Navi Mumbai Placements:-

Particulars	Placements 2022	Placements 2021	Placements 2020	Placements 2019
Highest salary	INR 22 LPA	INR 22 LPA	INR 22 LPA	INR 17.8 LPA
Average salary	INR 8.5 LPA	INR 8.5 LPA	INR 8.5 LPA	INR 8.5 LPA

The highest & average salary remained the same as it was last year. The highest salary package stood at INR 22 LPA in 2022, 2021 & 2020. But, it stood at INR 17.8 LPA in Placements 2019. The average salary remained at INR 8.5 LPA since Placements 2019.

ITM Navi Mumbai Placement Top Recruiters:-

LG	Kotak Mahindra Bank	ICICI Securities
Amazon	TNS	Reliance Digital
Shoppers Stop	JP Morgan	American Express
Deloitte	Flipkart	VOLTAS
HDFC Bank	AON	ITC Hotels

ITM Navi Mumbai Placement Conclusion:-

Every year, ITM Business School in Navi Mumbai begins its final placement process in October. However, the recruitment drive to fund its internship program begins later in December each year. According to college placement data, ITM Navi Mumbai achieved almost 100 percent placement rate for its 2019-2021 batch.

MBA Marketing students bagged the highest package at INR 22 LPA, while ITM Navi Mumbai average placement package was INR 8.5.

Final Placements

The average and highest salaries packages of INR 22 LPA (and INR 8.5) remained the same for two consecutive year, 2020 and 2021.
ITM Navi Mumbai had a 100% placement rate for 2021
Over 650 companies took part in the placements drive, offering overseas placement opportunities

Highlights From The ITM Business School Placements 2022:-

According to the official placement report, INR 22 LPA was the highest package offered to Marketing and Retail Management specializations. However, the average salary varied for each specialization. Below is a table that highlights key ITM Navi Mumbai placements in 2021.

Particulars	Statistics
Highest Salary	INR 22 LPA
Average Salary	INR 8.5 LPA
No. of recruiters	650+
Placement percentage	100%
Top recruiters	HDFC Bank, L&T, Flipkart, ICICI Bank and The Times Network, among others

ITM Navi Mumbai Cutoff:-

The ITM School Navi Mumbai offers admission to PGDM or FPM programs. Online application for ITM Navi Mumbai is possible. Admission to the and PGDM programs at ITM Business School Navi Mumbai is based on performance in the entrance exam.

Admission to the PGDM programs is done on the basis of marks secured in CAT/XAT/CMAT/GMAT/MAT/ATMA/NMAT by GMAC or MAH MBA CET. The ITM Navi Mumbai admissions process includes a micro presentation and a personal interview. Aspirants are invited to take part in micro presentations, personal interview rounds, and process selection rounds after being shortlisted based on their entrance exam scores. To shortlist MP/PI aspirants, the aggregate percentage marks from class 10th, 12th and graduation are taken.

Next, the shortlisted aspirants will be invited to make micro presentations. The interview will then take place. The FPM admission process is based on academic eligibility and research proposal presentation. After that, a personal interview (PI) will be conducted. After seat allocation, verification of documents, and payment of the course fee, final admission to ITM Navi Mumbai will be confirmed

ITM Navi Mumbai CAT Cutoff 2022:-

ITM Business School offers the PGDM iConnect program in a variety of specializations. Admission to the PGDM iConnect program is based on MAH CET scores, which are then followed by MAH CET Counselling, which is coordinated by the State Common Entrance Test Cell in Mumbai. To handle the seat allotment procedure, the ITM Business School cutoff is issued following the announcement of the MAH CET result. The ITM Business School cut offs and merit lists for all participating institutes will be revealed category by category. The ITM Business School cutoffs for home state and All India candidates have been issued.

ITM Navi Mumbai NMAT Cutoff 2022:-

Programs	General
Post Graduate Diploma in Management Business Analytics	55
PGDM Finance	55
PGDM Human Resource Management	55
PGDM Marketing	55
PGDM Digital Marketing and Transformations	55
PGDM Financial Markets	55
PGDM FINTECH	55
PGDM International Business	55
PGDM Operations & Supply Chain Management	55
Post Graduate Diploma in Marketing and Retail Management	55

ITM Navi Mumbai MAT Cutoff 2022:-

Programs	General
PGDM International Business	73
PGDM Marketing	73
PGDM Finance	73
PGDM Human Resource Management	73

ITM Business School Navi Mumbai Admission-PGDM:-

The institute offers PGDM programs in different specializations at the postgraduate level. The ITM Business School Navi Mumbai PGDM courses are available in Finance, Financial Marketing, Marketing, Human Resource Management, International Business, Retail Management, and Marketing, Digital Marketing and Transformation, and Operations and Supply Chain Management specializations.

The eligibility criteria for admission to PGDM. programs is that the candidate must have a minimum of 50% marks in graduation. The course duration of PGDM programs at ITM Business School Navi Mumbai is 2-years. The entrance exam scores of CAT, XAT, CMAT, GMAT, MAT, ATMA, State CET tests, and NMAT by GMAC are accepted for admission to PGDM programs at the institute.

ITM Business School Navi Mumbai Admission-PGDM Eligibility Criteria:-

Course	Seats	Eligibility Criteria
PGDM	240	Candidates must have passed graduation with a minimum of 50% marks. Valid score in CAT/ XAT/ CMAT/ GMAT/ MAT/ ATMA/ State CET tests/ NMAT by GMAC.
PGDM Finance	180
PGDM Financial Marketing
PGDM Marketing
PGDM Human Resource Management	60
PGDM International Business
PGDM Retail Management and Marketing
PGDM Digital Marketing and Transformation	–	Candidates must have passed graduation with a minimum of 50% marks. Valid score in CAT/ XAT/ CMAT/ GMAT/ MAT/ ATMA/ State CET tests/ NMAT by GMAC.
PGDM Operations and Supply Chain Management	–

Top 10 Government MBA Colleges In Navi Mumbai:-

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 Navi 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.

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 With Low Fees:-

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 With Low Fees:-

Tabulated below is the list of top 10 MBA colleges in Mumbai along with their average annual fees:-

Name of the College	Average Annual Fees
Shailesh J. Mehta School of Management, IIT Bombay – [SJMSOM], Mumbai	INR 6,91,000
National Institute of Industrial Engineering – [NITIE], Mumbai	INR 7,03,000
IIT Bombay – Indian Institute of Technology – [IITB], Mumbai	INR 50,400
Mumbai University – [MU], Mumbai	INR 55,000
Shreemati Nathibai Damodar Thackersey Women’s University – [SNDT], Mumbai	INR 1,00,905
Hansraj Jivandas College of Education, Mumbai	INR 6,600
Thakur Institute of Management Studies and Research – [TIMSR] Mumbai	INR 63,791
Vikas Night College of Arts Science and Commerce, Mumbai	–
Thakur Global Business School – [TGBS], Mumbai	INR 4,80,000
Sasmira The Synthetic and Art Silk Mills Research Association – [SASMIRA], Mumbai	INR 1,99,000

Low Fees 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.

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

Top MBA Colleges In Mumbai: NIRF Rankings 2021:-

NIRF (National Institutional Ranking Framework) is the premier ranking agency in India and is run by the NIRF (National Institutional Ranking Framework) is the top rating agency for India and is managed through the Ministry of HRD, Government of India. It is the authority to publish the ranking lists for various colleges in India separated into eight categories.

IIT Bombay has been ranked as the top MBA school located in Mumbai in the country by NIRF. The college has been awarded an 11th place ranking within India by the nation’s organization for ranking in the year 2021.
While the school is rated as the top in Mumbai however, it has experienced the loss of 1 spot in its standing when compared to 2022.
Some other schools in Mumbai which are ranked by NIRF include SP Jain, NITIE, Narsee Monjee, and KJ Somaiya.
The most impressive improvement in these colleges was demonstrated by NITIE Mumbai, which has shot up 17 places. NITIE Mumbai saw a decrease of 15 places this year.

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

Top MBA Colleges In Mumbai: India Today Ranking:-

College Name	India Today Ranking 2022
SP Jain Institute of Management and Research (SPJIMR)	4
Narsee Monjee Institute of Management Studies (NMIMS)	9
National Institute of Industrial Engineering (NITIE)	11
K J Somaiya Institute of Management Studies and Research (KJ SIMSR)	25
L N Welingkar Institute of Management Development and Research	33
Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)	39
N L Dalmia Institute of Management Studies and Research	80
Universal Business School	86
IES Management College and Research Center	144
Atharva Institute of Management Studies	171

SPJIMR Mumbai has been ranked as the best MBA college in Mumbai by the India Today survey. It has been given a rank of 4 among all the top management colleges in India.

Other popular MBA colleges in the city like Narsee Monjee, NITIE, and KJ Somaiya have also been included in this list and are also ranked among the top 25 MBA colleges in India.
NITIE Mumbai, which wasn’t included in the list last year, is ranked at 11th position in India now.
IES Management College and Research Center still ranks at 144th position, but it has shown a tremendous improvement by 24 ranks.

List Of Government MBA Colleges In Mumbai With Low Fees Structure 2022:-

MBA in Mumbai is a popular course among the bachelors, and the students prefer top MBA colleges in Mumbai with low fees. But, there are several management colleges in Mumbai from which very few are good MBA colleges in Mumbai and some of them are the best university in Mumbai for MBA such as SPJIMR, NITIE, SIMSREE SJMSOM, and KJ Somaiya. These colleges are counted as the top 10 MBA colleges in Mumbai. SIMSREE is called the best institute for MBA in Mumbai among all the Mumbai MBA colleges. ICFAI and IIBM I business schools in Mumbai that accept admissions without entrance exams and that’s why called MBA colleges in Mumbai without entrance exam. They are also included in the list of top 10 B schools in Mumbai in top PGDM colleges in Mumbai. List of MBA colleges in Mumbai is very long and for MBA Mumbai University is termed the best. The list of government MBA colleges fees are mentioned below:-

Name of the college	MBA Fees
Sydenham Institute of Management Studies and Research and Entrepreneurship Education (SIMSREE)	INR 1,34,000
Jamnalal Bajaj Institute of Management Studies (JBIMS)	INR 1,02,290
Veermata Jijabai Technological Institute [VJTI]	INR 3,00,000 to INR 4,00,000
National Institute of Industrial Engineering (NIIE)	INR 13,43,000
IMU Mumbai Port Campus	INR 2,20,000
Shailesh J. Mehta School of Management (SJMSOM	INR 8,27,000
Shreemati Nathibai Damodar Thackersey [SNDT] Women’s University	INR 1,02,000

Frequently Asked Questions:-

1. What is the government fee for MBA?

Ans. The government fee for MBA Starts from INR 8K and can rise to INR 25 lakh.

2. What are the fees for MBA in Mumbai University?

Ans. The fees for MBA in Mumbai University revolve around INR 8K to INR 2 lacs.

3. Which college is better for MBA in Mumbai?

Ans. SPJIMR, SJSOM, and NITIE colleges are better for MBA in Mumbai.

4. Where I can study MBA with low fees?

Ans. The best possible way to study MBA with low fees is the faculty of management studies college at Delhi University fees of INR 25000.

5. What is the monthly income of an MBA?

Ans. The average monthly income of an MBA can range from INR 50K to INR 1 lakh.

6. Is MBA hard to study?

7. How much percentage is required for MBA?

Ans. The general academic requirement for MBA programs is of graduation with minimum 50% marks. You should also appear for MBA entrance exams like CAT, XAT and CMAT to be considered for admission to management programmes; check with your respective institute and opt for the test accordingly.

8. Is Cat compulsory for MBA?

Ans. No, CAT or CMAT exam is not compulsory for MBA. There are a host of other MBA entrance exams similar/equivalent to CAT like XAT. Several institutes have their own entrance exams like NMAT for NMIMS, TISS, SNAP for Symbiosis, IIFT, CET for Maharashtra institutes, MICA, etc.

9. Can I get free seat in MBA?

Ans. No such provisions for free seat, you can get scholarships, which will waive off your fees by 40%.

10. How do I get government seats for MBA?

Ans. Students who want to pursue MBA in government college must have a minimum 3-year bachelor’s degree in any discipline or equivalent qualification with a minimum of 50% aggregate marks. Applicants who belong to reserved categories can apply for such a course with a bachelor’s degree with a minimum of 45% aggregate marks.

Good MBA Colleges in Mumbai

Good MBA colleges in Mumbai

Good MBA colleges in Mumbai– The MBA schools in Mumbai offer MBA in addition to PGDM (Postgraduate Certificate in Management) by means of Offline, Online as well as a Distance learning modes. Mumbai often referred to as the “City of Dreams” or the “Finance Capital of India” and is home to more than 260 of the top MBA schools in India.

About 57 of the MBA schools in Mumbai 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.

Mumbai, the capital of business and finance in India is also one of the most sought-after MBA locations in the world. In fact, Mumbai is one of India’s most sought-after MBA destinations. MBA schools located in Mumbai provide high-quality MBA education that is highly rated and has high levels of placement.

It is also a center of learning in technology, management, and other related sectors. Master of Business Administration or MBA is among the most sought-after postgraduate programs in Mumbai. The two-year program opens the door to an abundance of jobs within the corporate world.

In total, there are 262 MBA colleges in Mumbai Around 106 are private and eleven are MBA public colleges in Mumbai.
Indian Institute of Technology – IIT Bombay, National Institute of Industrial Engineering, Mumbai and S. P. Jain Institute of Management & Research are ranked 10, 12, and 19 respectively in NIRF ranking 2021.
Shailesh J. Mehta School of Management(SJMSOM), SPJIMR, IIT Bombay, and SBM NMIMS are some of the most prestigious schools for MBA located in Mumbai.
MBA admissions to the top MBA colleges in Mumbai typically take place through an entrance test known as the CAT. Many colleges are also accepting other entrance tests for management scores, such as NMAT, MAT, XAT CMAT, ATMA, MAH CET, 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 as well as ITM Institute of Hotel Management ITM Institute of Hospital Management Mumbai are among the best Hotel Management Colleges in Mumbai.
The cost of pursuing MBA or PGDM courses at the top MBA institutions in Mumbai could range from INR between 50,000 and 30 Lakhs annually, based on the college.
A few of the best MBA schools in Mumbai charge lower than INR 60,000. These include K. C. College of Management Studies K. C. College of Management StudiesMumbai, ISMS Mumbai, ISMS Mumbai, Mumbai University, and KJSCCETR Mumbai.
The top MBA schools in India provide lucrative opportunities for placement with great packages and high ROI. The average CTC is priced at 18-30 LPA.
Accenture, Amazon, Axis Bank, HCL, HDFC, etc. are among the top companies that are part of the recruitment drives provided by the best MBA schools in Mumbai.
SJMSOM Mumbai, SPJIMR Mumbai, and SBM NMIMS Mumbai are the top colleges in Mumbai for an MBA in Finance. They are also placed among the best 10 MBA institutions in Mumbai.

Best MBA colleges in Mumbai

College Name	India Today Ranking 2022
SP Jain Institute of Management and Research (SPJIMR)	4
Narsee Monjee Institute of Management Studies (NMIMS)	9
National Institute of Industrial Engineering (NITIE)	11
K J Somaiya Institute of Management Studies and Research (KJ SIMSR)	25

Why Mumbai is Good For MBA?

The largest trading hub in India is home to some institutions in the country, which are known for their world-class education. There isn’t IIM located in Mumbai however, it is home to numerous top-of-the-line affordable MBA schools.
Mumbai is the location of India’s Bombay Stock Exchange, SEBI and a few world-class corporate headquarters. Mumbai is a popular destination to invest in new ventures for big business houses. The city is an ideal place for industry and entrepreneurship to flourish. This leads to a high percentage of employment, making it ideal for a lucrative job after the completion of your degree. With around 175 Fortune 500 companies and several startups, from cars to marketing, every major business has a presence there.
In spite of the fact Mumbai is a crowded city There are accommodations to suit everyone. Mumbai is home to an energetic infrastructure featuring lively nightlife, chic malls, luxury restaurants, historic sites and more.
In addition, it is thought to be the most secure among all Indian cities. It also has a well-organized public transportation system. Connectivity is an important feature of this city’s central location. Students are required to relocate in Mumbai for a period of 2 years when working towards your MBA and the location lets you stay in touch to your city effortlessly. The constant flow of trains, metros buses, taxis flight, and auto provides you with a variety of options for commuting, both inside and outside Mumbai.
Social networking is an essential aspect in an MBA degree as well as a career. Mumbai is the ideal place to expand your social circle and become connected to influential and famous individuals. The bustle, hustle, and glamour of the top business schools in Mumbai will teach you how to utilize the most recent media and marketing to help you succeed in your career unlike any other city.
MBA colleges located in Mumbai take scores of nearly all important entrance examinations in the nation. Scores from the CAT, NMAT, CMAT, XAT, ATMA, MHCET GMAT, and ATMA are accepted by MBA schools in Mumbai.

People also ask –

1. Which courses are provided at the MBA colleges of Mumbai?

Apart from the course MBA, the MBA colleges of Mumbai also offer various diplomas, certificates, and post-graduate diplomas in management. Degrees of MMS and MFM are also provided at the PG level.

2. Is a hostel facility available at the MBA colleges of Mumbai?

Yes, almost all the MBA colleges of Mumbai offer student accommodation and hostel facility to students.

3. What are the different specializations offered in MBA colleges in Mumbai?

The top 7 specializations offered in MBA colleges in Mumbai are: Operations Entrepreneurship Finance Sales and Marketing Business Economics Family Business Human Resources

4. Which is the best college for MBA in Mumbai based on placements?

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

Top MBA colleges in Mumbai with low fees

Top MBA colleges with low fees structure – The best MBA colleges with low fees, such as IIMs XLRI, MDI, and SPJIMR, have fee structures ranging from Rs.17 lakhs to Rs.24 lakhs.

Lowest MBA fees in India List-

Top MBA college with Low Fees	Programme Fee
Faculty of Management Studies (FMS) Delhi – University of Delhi	Rs. 1,94,000
Delhi School of Economics, Delhi University	Rs. 32,000
GGSIPU, Delhi	Rs. 59,000
PUMBA, Pune	Rs. 1,34,000

Faculty of Management Studies is one of the top-ranking management institutes in India which offer MBA courses at the cheapest prices known to be one of the best mba colleges in india with low fees.

Top MBA colleges in India with Low Fee offer high RoI MBA programmes. These Top B-schools in India offering affordable MBA include

Top MBA colleges with low fees structure (Rupees)

SRM University Chennai: 5,00,000
K R Mangalam University Delhi: 2,60,000
Pune Business School: 5,50,000

B-school	Course Name	*Fees
International School of Management and Research- ISMR	MBA	INR 3.44 L – 6.5 L
SIMSREE, Mumbai	Post Graduate Diploma in Business Management	INR 69,000
CU – Chandigarh University	MBA Tourism and Hospitality Management	INR 57.8 K – 6.04 L
Indira Institute of Management – IIMP	MBA	INR 4.4 L – 8 L
ASM’s Institute of Business Management and Research-IBMR	MBA	INR 3 L – 6.5 L
Amity University	MBA in Agriculture and Food Business	INR 4.86 L – 20.16 L
Ambedkar University	MBA	INR 3 L
AIMS Institute of Management Studies	MBA	INR 3.95 L – 5.9 L
MIT Pune – MIT World Peace University	MBA	INR 3.5 L
DBS – Doon Business School	MBA International Business	INR 5.15 L – 9.79 L

Top 20 MBA colleges in Mumbai

MBA colleges in Mumbai with fees

MBA in Mumbai is a popular course among the bachelors, and the students prefer top MBA colleges in Mumbai with low fees. But, There are a number of management colleges in Mumbai from which very few are good MBA colleges in Mumbai and some of them are best university in Mumbai for MBA such as SPJIMR, NITIE, SIMSREE SJMSOM and KJ Somaiya. This colleges are counted as top 10 MBA college in Mumbai. SIMSREE is called as the best institute for MBA in Mumbai among all the Mumbai MBA colleges. ICFAI and IIBM I business schools in Mumbai that accept admissions without entrance exams and that’s why called MBA colleges in Mumbai without entrance exam. They are also included in the list of top 10 B schools in Mumbai in top PGDM colleges in Mumbai. List of MBA colleges in Mumbai is very long and for MBA Mumbai University is termed the best. The list of government MBA colleges fees are mentioned below:-

Name of the college	MBA Fees
Sydenham Institute of Management Studies and Research and Entrepreneurship Education (SIMSREE)	INR 1,34,000
Jamnalal Bajaj Institute of Management Studies (JBIMS)	INR 1,02,290
Veermata Jijabai Technological Institute [VJTI]	INR 3,00,000 to INR 4,00,000
National Institute of Industrial Engineering (NIIE)	INR 13,43,000
IMU Mumbai Port Campus	INR 2,20,000
Shailesh J. Mehta School of Management (SJMSOM	INR 8,27,000
Shreemati Nathibai Damodar Thackersey [SNDT] Women’s University	INR 1,02,000

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:

Name of the College	Average Annual Fees
Shailesh J. Mehta School of Management, IIT Bombay – [SJMSOM], Mumbai	INR 6,91,000
National Institute of Industrial Engineering – [NITIE], Mumbai	INR 7,03,000
IIT Bombay – Indian Institute of Technology – [IITB], Mumbai	INR 50,400
Mumbai University – [MU], Mumbai	INR 55,000
Shreemati Nathibai Damodar Thackersey Women’s University – [SNDT], Mumbai	INR 1,00,905
Hansraj Jivandas College of Education, Mumbai	INR 6,600
Thakur Institute of Management Studies and Research – [TIMSR] Mumbai	INR 63,791
Vikas Night College of Arts Science and Commerce, Mumbai	–
Thakur Global Business School – [TGBS], Mumbai	INR 4,80,000
Sasmira The Synthetic and Art Silk Mills Research Association – [SASMIRA], Mumbai	INR 1,99,000

Top 30 MBA colleges in Mumbai

The list below comprises the Top 10 MBA Colleges in Mumbai | Top 10 Government MBA Colleges in Mumbai | Top MBA Colleges in Mumbai with Low Fees

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:

Name of the College	Average Annual Fees
Shailesh J. Mehta School of Management, IIT Bombay – [SJMSOM], Mumbai	INR 6,91,000
National Institute of Industrial Engineering – [NITIE], Mumbai	INR 7,03,000
IIT Bombay – Indian Institute of Technology – [IITB], Mumbai	INR 50,400
Mumbai University – [MU], Mumbai	INR 55,000
Shreemati Nathibai Damodar Thackersey Women’s University – [SNDT], Mumbai	INR 1,00,905
Hansraj Jivandas College of Education, Mumbai	INR 6,600
Thakur Institute of Management Studies and Research – [TIMSR] Mumbai	INR 63,791
Vikas Night College of Arts Science and Commerce, Mumbai	–
Thakur Global Business School – [TGBS], Mumbai	INR 4,80,000
Sasmira The Synthetic and Art Silk Mills Research Association – [SASMIRA], Mumbai	INR 1,99,000

Top MBA Colleges in Mumbai with Low Fees

The average fees for pursuing MBA courses from the top MBA colleges in Mumbai can range between INR 55,000 – 23 Lakhs per year. Listed below are the top MBA colleges in Mumbai with low fees:

Name of the College	Average Annual Fees
K. C. College of Management Studies – [KCCMS], Mumbai	INR 45,000
Indian School of Management & Studies – [ISMS], Mumbai	INR 44,090
Mumbai University – [MU], Mumbai	INR 55,000
K. J. Somaiya Comprehensive College of Education Training and Research – [KJSCE], Mumbai	INR 36,250
IIT Bombay – Indian Institute of Technology – [IITB], Mumbai	INR 50,400
National Academy of Management Studies – [NAMS], Mumbai	INR 25,000
Hansraj Jivandas College of Education, Mumbai	INR 6,600
University of Mumbai, Institute of Distance & Open Learning – [IDOL], Mumbai	INR 17,625
SNDT Women’s University, Centre of Distance Education – [SNDT CDE], Mumbai	INR 15,800
Thakur Institute of Management Studies and Research – [TIMSR] Mumbai	INR 63,791

Top MBA Colleges in Mumbai For Marketing

Marketing is one of the most-sought MBA specializations. Moreover, the sector is booming more than ever.

The advertising and marketing sector in India is expected to cross the $10 billion mark by the end of 2020.
The digital marketing sector is expected to grow at a compound annual growth rate (CAGR) of 33.5% till 2020.
Online marketing is also growing at a twofold-threefold rate.

Some of the top MBA colleges in Mumbai for marketing are:

Shailesh J. Mehta School of Management, IIT Bombay (SJMSOM)
S.P. Jain Global School of Management
Narsee Monjee Institute of Management Studies
ICFAI Business School

The average package in top MBA colleges in Mumbai for Marketing ranges from INR 6-8 lakh.

Top MBA Colleges in Mumbai For HR

Human Resource Management is an essential aspect of every IT industry and company. In the ever-advancing corporate world, HR managers ensure that every work is carried out sophisticatedly.

72% of the companies worldwide believe that HR is an important element responsible for the proper functioning of the organization.
83% of companies in South-Asia have prioritized HR tech advancements.
The global HR sector is expected to reach $30 billion by 2025.

Some of the top MBA colleges in Mumbai for HR are:

Jamnalal Bajaj Institute of Management Studies
Narsee Monjee Institute of Management Studies
Prin. L.N. Welingkar Institute of Management Development and Research
K. J. Somaiya Institute of Management Studies and Research

The average package in top MBA colleges in Mumbai for HR ranges from INR 5-7 lakh.

Frequently Asked Questions

1. Which is the most prestigious MBA school in Mumbai?

Ans. Below is a the list of top MBA schools in Mumbai:

Jamnalal Bajaj Institute of Management Studies-JBIMS
Shailesh J. Mehta School of Management, IIT Bombay
National Institute of Industrial Engineering-NITIE
SP Jain Institute of Management and Research-SPJIMR
Amity Global Business School

2. Is MBA losing its value?

Ans. Because of the huge amount of students taking MBA each year, the value of the course has changed a bit however, MBA is one of the most sought-after courses by corporate recruiters.

3. Which is the best college in terms of Finance within Mumbai?

Ans. Jamnalal Bajaj Institute of Management Studies has earned a reputable reputation as a result of its MBA Finance course.

4. Are you sure Amity Mumbai a good choice for MBA?

Ans. Amity Mumbai offers students world-class infrastructure as well as a sophisticated and advanced training to prepare them for an MBA course. However, the education offered at Amity Mumbai is quite costly.

5. Are SP Jain and SPJIMR the identical?

Ans. Yes they are. The full name for SPJIMR can be described as SP Jain Institute of Management and Research.

6. How do I apply for an award to study MBA?

Ans. Many institutes and institutions offer grants for MBA programs. Two best methods to receive the scholarship you want are:

A high score on the test for entrance.
A vast amount of research in a specific field.

7. Which MBA has the highest pay?

Ans. MBA Business Analytics and MBA Marketing are two of the most profitable MBA specializations.

8. Is ISB superior to IIM?

Ans. ISB and IIM both have earned themselves the title of the best management schools in India. What sets them apart is the distinction in they both require ISB Hyderabad asks for a five-year experience prior to completing the MBA. In contrast, IIMs don’t keep any requirements for such a criterion.

9. Which IIT is the most suitable for MBA?

Ans. SJMSOM-IIT Bombay has a great MBA program for students. The school has been named no. fourth in the globe according to QS World Rankings. The average CTC available is higher than INR 20 lakh.

10. Which is the best private school for MBA?

Ans. Below is a listing of some of the most prestigious private MBA schools in Mumbai:

Jamnalal Bajaj Institute of Management Studies-JBIMS
SP Jain Institute of Management and Research-SPJIMR
Amity Global Business School
K J Somaiya Institute of Management Studies and Research
SIES College of Management Studies

11. Do I have the option of doing MBA after completing my B.Com. ?

Ans. Yes, you are able to do MBA after you have completed an B.Com. course.

Best MBA Colleges in Mumbai for Finance

Top MBA Colleges in Mumbai 2022 includes SPJIMR, SBM NMIMS, IIT Bombay, Shailesh J. Mehta School of Management- [SJMSOM] and more. In This article you will find Top MBA Colleges in Mumbai and Best MBA colleges in Mumbai, and MBA Colleges in Mumbai with Fees and more. Many Top MBA colleges in Mumbai offer MBA (Master of Business Administration) and PGDM (Postgraduate Diploma in Management) programmes online, in person, and in distance learning. Over 260 top MBA colleges are located in Mumbai, also known as India’s “City of Dreams” and the “Finance Capital.” Over 57 Top MBA colleges in Mumbai have gained approval from the AICTE, whereas 17 have been approved by the UGC.

MBA colleges in Mumbai with fees that range from Indian Rupees 50,000 to 30 lakhs per year, depending on the college. KCCMS Mumbai, Mumbai University, and KJSCCETR Mumbai are some of the top MBA colleges in Mumbai with low fees than INR 60,000. There are some Government MBA Colleges in Mumbai. National Institute of Industrial Engineering – [NITIE], Mumbai, Mumbai University – [MU], Mumbai, IIT Bombay – Indian Institute of Technology – [IITB], Mumbai and more are in the list of Top 10 Government MBA Colleges in Mumbai. NMIMS, Mumbai, SPJIMR, Mumbai, JBIMS Mumbai, NITIE Mumbai, K J Somaiya Institute of Management, Mumbai, SIMSREE, Mumbai, SIES, Mumbai, Chetana’s Institute of Management and Research, IESMCRC, Mumbai, and SDA Bocconi Asia Center, Mumbai are the Top 10 MBA Colleges in Mumbai. . There are Top MBA colleges in Pune 2022, such as MU College of Commerce and National Insurance Academy – [NIA] Pune, offer MBA programmes in distance learning regular, and part –time formats.In this website you will get all details of MBA colleges in Delhi, BBA colleges in Mumbai, MBA colleges in Bangalore.

Best MBA Colleges in Mumbai for Finance

The majority of the city’s management schools offer an MBA with Finance as a concentration degree. The course provides students with the information and abilities they need to succeed in financial institutions. The training can lead to a prosperous job in any of the top global corporations or recognised government-aided institutions. The Colleges in Mumbai that provide the desired MBA Finance programme are mentioned below.

MBA in Finance Colleges in Central Mumbai

Alkesh Dinesh Mody Institute For Financial & Management Studies

K.J. Somaiya Institute of Management Studies & Research

L.S. Raheja College of Arts & Commerce

MET Institute of Management

Mukesh Patel School of Technology Management & Engineering, NMIMS University

School of Business Management, NMIMS University

Bharati Vidyapeeth’s BVIMSR Centre for Business Education

Dr. D.Y Patil Institute of Management Studies

Guru Nanak Institute of Management Studies

IES Management College & Research Centre

Indian Institute of Technology

ITM Executive Education Centre

Jankidevi Bajaj Institute of Management Studies

JK Institute of Technology & Management

School of Commerce, NMIMS University

The Indian Institute of Planning & Management

Vasntadada Patil Pratishthan’s Institute of Management Studies

Vidyalankar Institute of Technology

Welingkar Institute of Management Development & Research

MBA in Finance Colleges in North Mumbai

MBA in Finance Colleges in North Mumbai

Aegis School of Business

Atharva School of Business

ICFAI Business School

Jamnalal Bajaj Institute of Management Studies

Jashbhai Maganbhai Patel College of Commerce

M.E.S. Humera Khan Institute of Management Studies & Research

Rajasthani Sammelan’s Management Institute

ASM’s Institute of Management & Computer Studies

Atharva Institute of Management Studies

Francis Institute of Management & Research

MBA in Finance Colleges in South Mumbai

MBA in Finance Colleges in South Mumbai

Anjuman Khairul Islams’s College

Asian Institute of Management

Sydenham Institute of Management Studies & Research & Entrepreneurship Education

Bushra International Institute of Graduate Studies

Indian Institute of Banking and Finance (IIBF)

Indian Institution of Export & Import Management

Jamnalal Bajaj Institute of Management Studies

K.P.B. Hinduja College of Commerce

Lala Lajpat Rai Institute of Management

MBA in Finance Colleges in Navi Mumbai

MBA in Finance Colleges in Navi Mumbai

Bharati Vidyapeeth’s Institute of Management Studies & Research

Institute of Business Studies & Research

ITM Business School

ITM Institute of Financial Markets

Oriental Institute of Management

SIES College of Management Studies

Best Colleges in Mumbai:Highlights

Parameters	Particulars/ Statistics
No. of top MBA colleges in Mumbai (by NIRF)	Six
Annual fees	– Annual fee more than INR 5 lakh: 16.67 per cent – Annual fee less than INR 1 lakh: 83.33 per cent
Top specialisations	Operations, Entrepreneurship, Finance, Sales and Marketing, Business Economics, Family Business, Human Resources, IT and Systems, International Business, Retail, among others
Admission Process	Entrance-based: CAT, MAT, XAT, CMAT, NMAT, ATMA, SNAP

Top 10 MBA Colleges in Mumbai

NMIMS, Mumbai, SPJIMR, Mumbai, JBIMS Mumbai, NITIE Mumbai, K J Somaiya Institute of Management, Mumbai, SIMSREE, Mumbai, SIES, Mumbai, Chetana’s Institute of Management and Research, IESMCRC, Mumbai, and SDA Bocconi Asia Center, Mumbai are the Top 10 MBA Colleges in Mumbai. Top MBA Colleges in Mumbai and Best MBA Colleges in Mumbai provide MBA and pGDM programmes online, offline and also distance learning. The top MBA colleges in Mumbai, along with their fees structures, are listed 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
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

MBA Colleges in Mumbai with Fees

There are over 106 private MBA Colleges in Mumbai and 11 government MBA Colleges in Mumbai out of 262 MBA colleges in Mumbai. MBA colleges in Mumbai with fees that range from Indian Rupees 50,000 to 30 lakhs per year, depending on the college. Here Is the list of MBA Colleges in Mumbai with fees which is given below:

Institute Name	Fees (In Rs lakhs)
K J Somaiya Institute of Management	14.93
Prin. L. N. Welingkar Institute of Management Development & Research	11
IMT Nagpur: Institute of Management Technology	14
SP Jain School of Global Management – Dubai – Mumbai – Singapore – Sydney	38.78
IIT BOMBAY: Shailesh J Mehta School of Management Mumbai	8.73
SIES College of Management Studies, Navi Mumbai	9
N. L. Dalmia Institute of Management Studies and Research, Mumbai	8.7
IES Management College And Research Centre, Mumbai	8.27
IIM Nagpur: Indian Institute of Management	13.75
ITM Navi Mumbai: ITM Group of Institutions	9.3

Top MBA Colleges in Mumbai with Low Fees

The average annual fee in Top MBA colleges in Mumbai for pursuing MBA programmes is INR 55,000 – 23 Lakhs. KCCMS Mumbai, Mumbai University, and KJSCCETR Mumbai are some of the top MBA colleges in Mumbai with low fees than INR 60,000. The following are the Top MBA colleges in Mumbai with low fees:

Name of the College	Average Annual Fees
K. C. College of Management Studies – [KCCMS], Mumbai	INR 45,000
Indian School of Management & Studies – [ISMS], Mumbai	INR 44,090
Mumbai University – [MU], Mumbai	INR 55,000
K. J. Somaiya Comprehensive College of Education Training and Research – [KJSCE], Mumbai	INR 36,250
IIT Bombay – Indian Institute of Technology – [IITB], Mumbai	INR 50,400
National Academy of Management Studies – [NAMS], Mumbai	INR 25,000
Hansraj Jivandas College of Education, Mumbai	INR 6,600
University of Mumbai, Institute of Distance & Open Learning – [IDOL], Mumbai	INR 17,625
SNDT Women’s University, Centre of Distance Education – [SNDT CDE], Mumbai	INR 15,800
Thakur Institute of Management Studies and Research – [TIMSR] Mumbai	INR 63,791

Top 10 Government MBA Colleges in Mumbai

IIT Bombay is one of the Top 10 Government MBA Colleges in Mumbai. National Institute of Industrial Engineering – [NITIE], Mumbai , Mumbai University – [MU], Mumbai, Women’s University – [SNDT], Mumbai, Hansraj Jivandas College of Education, Mumbai are in the list of Top 10 Govrnment MBA colleges in Mumbai. The following is a list of the top 10 MBA colleges in Mumbai, along with their average annual fees:

Name of the College	Average Annual Fees
Shailesh J. Mehta School of Management, IIT Bombay – [SJMSOM], Mumbai	INR 6,91,000
National Institute of Industrial Engineering – [NITIE], Mumbai	INR 7,03,000
IIT Bombay – Indian Institute of Technology – [IITB], Mumbai	INR 50,400
Mumbai University – [MU], Mumbai	INR 55,000
Shreemati Nathibai Damodar Thackersey Women’s University – [SNDT], Mumbai	INR 1,00,905
Hansraj Jivandas College of Education, Mumbai	INR 6,600
Thakur Institute of Management Studies and Research – [TIMSR] Mumbai	INR 63,791
Vikas Night College of Arts Science and Commerce, Mumbai	–
Thakur Global Business School – [TGBS], Mumbai	INR 4,80,000
Sasmira The Synthetic and Art Silk Mills Research Association – [SASMIRA], Mumbai	INR 1,99,000

Top MBA Colleges in Pune

There are Top MBA colleges in Pune 2022, such as MU College of Commerce and National Insurance Academy – [NIA] Pune, offer MBA programmes in distance learning regular, and part –time formats. Here are the Top MBA colleges in Pune along with their fees structure which are given below:

MBA Colleges in Bangalore	Type of MBA College	Fee for MBA College in Bangalore (Rs.in Lakhs)
IIM Bangalore: Indian Institute of Management	Central Government Autonomous Institute	23.2
TAPMI Manipal: T A Pai Management Institute	AICTE approved PGDM College	15.1
SIBM Bangalore: Symbiosis Institute of Business Management	Symbiosis International University (SIU) Pune MBA college	16
Amrita School of Business, Bengaluru	Amrita Vishwa Vidyapeetham University, Bengaluru	10.6
XIME Bangalore: Xavier Institute of Management and Entrepreneurship	AICTE approved PGDM College	11
Christ University Bengaluru: Institute of Management	Christ University Bangalore MBA college	7.85
Alliance School of Business – Alliance University	Alliance University Bangalore MBA college	13.5
JAGSOM Bangalore: Jagdish Sheth School of Management Bangalore	AICTE approved PGDM College	12
SDMIMD Mysore: SDM Institute For Management Development	AICTE approved PGDM College	11.2
Indus Business Academy – IBA Bangalore	AICTE approved PGDM College	8.51

MBA colleges in Bangalore

MBA colleges in Bangalore offer more MBA options in Bangalore by providing high-quality education at a low cost and with a high return on investment. The most prestigious MBA programmes in Bangalore are listed alphabetically below. These MBA colleges in Bangalore have provided a diverse range of MBA courses with effective learning and industry interaction over the years, and they are on par with top IIMs. Aside from the top MBA colleges in Bangalore, which are listed in descending order, there are over 100 management institutes in Bangalore that offer quality MBA in Bangalore. Here is the list of MBA colleges in Bangalore along with their fees structure which is given below:

College/ University Name	Average Annual Fees
Department of Management Studies, Indian Institute of Technology Delhi – IIT Delhi – [DMS IITD]	INR 10,80,000 (Total Fees)
LBSIM – Lal Bahadur Shastri Institute of Management, New Delhi	INR 7,20,000
Birla Institute of Management Technology – [BIMTECH], Greater Noida	INR 12,00,000 (Total fees)
Faculty of Management Studies, Manav Rachna International Institute of Research and Studies, Faridabad	INR 96,000
JIMS Rohini, Sector-5 – Jagan Institute of Management Studies	INR 15,90,000 (Total Fees)
Management Development Institute, Gurugram	INR 9,43,000
Indian Institute of Foreign Trade – [IIFT], New Delhi	INR 9,39,000
IMI Delhi – International Management Institute, New Delhi	INR 9,11,850
IIM Rohtak – Indian Institute of Management	INR 8,35,000
Amity University, Noida	INR 6,08,000

MBA colleges in Delhi

Delhi NCR is home to some of India’s most prestigious government and private MBA colleges. The table below contains a list of the MBA colleges in Delhi NCR, as well as their average annual fee structure:

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

MBA Colleges in Mumbai without Entrance Exam

An entrance exam score is a requirement for admission to any prestigious management institute or business school. A student can also apply for direct admission to an MBA programme without taking an entrance exam. Here is a list of MBA colleges in Mumbai without entrance exam scores which is given below:

MBA Colleges in Mumbai accepting CAT Score	Expected Cut Off
SPJIMR Mumbai	CAT 90-100
IIT BOMBAY Mumbai	CAT 80-90
NITIE Mumbai	CAT 80-90
K J Somaiya Institute of Management Mumbai	CAT 87
BITS School of Management – BITSOM	CAT 80-90
Prin. L. N. Welingkar WE School Mumbai	CAT 70-80
Vijay Patil School of Management (VPSM): DY Patil University Navi Mumbai	CAT 70-80
Institute of Management Technology Nagpur	CAT 70-80
SDA Bocconi Mumbai	CAT 70-80
SIMSREE Mumbai	CAT 75

Top MBA Colleges in Mumbai through CAT

Top MBA colleges in Mumbai shortlist and admit students to their flagship MBA/PGDM programmes based on CAT 2021 scores. Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai is a student favourite and one of the best MBA colleges in Mumbai, with a low fee structure, and high placements. This top MBA college in Mumbai has a CAT score cut off of 95+ percentile! Other top MBA colleges in Mumbai through CAT 2021 scores include SPJIMR Mumbai, NITIE Mumbai, SJMSOM-IIT Mumbai, Kohinoor Business School, and IIM Nagpur.

Top MBA Colleges in Mumbai Accepting MAT Score

Admission in the Top MBA colleges in Mumbai requires the Entrance exam. One of the entrance exams is MAT. Here is the list of Top MBA Colleges in Mumbai Accepting MAT Score which is given below:

MBA Colleges in Mumbai Accepting MAT score	Expected MAT Cut off percentile
SIES School of Business Studies Navi Mumbai	80-90
ITM Navi Mumbai	60-70
Chetana’s CIMR Mumbai	80-90
N. L. Dalmia Institute of Management Studies and Research Mumbai	70-80
Vivekanand Business School (VBS) Mumbai	70-80
IES Management College And Research Centre (IESMCRC) Mumbai	70-80
MET Mumbai	70-80
Kohinoor Business School Mumbai	70-80
Durgadevi Saraf Institute of Management Studies Mumbai	70-80
Vijaybhoomi University Mumbai	70-80

Frequently Asked Questions

1. Which is the No 1 colleges in Mumbai?

In this you can find Top 10 MBA colleges in Mumbai with their fees structure.

2. Is MBA worth in Mumbai?

At the Mumbai campus, the highest salary for the MBA HR batch was INR 21 LPA. PPOs were also awarded to 24 percent of the MBA Core batch and 23 percent of the MBA HR batch during the placement. The MBA program’s average salary was 18.45 LPA.

3. What are the different specialisations offered in MBA colleges in Mumbai?

The following are the top seven specialisations offered by MBA colleges in Mumbai: Finance Entrepreneurship Operations Marketing and sales Business Economics, Family Business, and Human Resources are all terms used in the business world.

4. Which is the best college for MBA in Mumbai based on 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 are the top five MBA colleges in Mumbai in terms of placements.

5. Which MBA Colleges in Mumbai provide the best study material?

All of the institutes on our list of the Best MBA Colleges in Mumbai offer excellent study materials, but Rank 1 is widely regarded as the best by students.

6. Is IIM B good for Finance?

Indian Institute of Management Bangalore is an excellent MBA programme, particularly in marketing, operations, and consulting. It’s not great for finance. There are several chances, and the amenities are also excellent. Hostels are also well-kept.

7. Which MBA Colleges in Mumbai provide the best study material?

All of the colleges on our list of the Finest MBA Colleges in Mumbai offer excellent study materials, but Rank 1 is often regarded as the best by students.

8. Which institute is best for MBA College in Mumbai?

Various colleges are regarded as the finest MBA Colleges in Navi Mumbai. In this post, we have listed the best ten MBA colleges in Mumbai. Rank 1 is seen to be the best.

9. Can I take admission in MBA without entrance exam?

MBAs are difficult to complete but not impossible. Many prospective students wonder if an MBA is too challenging for a typical student. The simple answer is “most likely not.” But, as you’ll certainly discover during your MBA programme, your attitude accounts for more than half of your professional performance.

10. Can I get admission in MBA without cat?

According to the AICTE (Ministry of Human Resources Development), PGDM B-schools can accept any of the six national tests: CAT, XAT, CMAT, MAT, ATMA, or GMAT. Many universities that are not among the top 100 B-schools provide direct MBA admission without the need for an entrance exam to fill the seat quota.

Top 10 MBA Colleges in Mumbai Through CET 2022

Top 10 MBA Colleges in Mumbai through CET 2022

Top 10 MBA Colleges in Mumbai through CET are SP Jain SPJIMR Mumbai, NITIE Mumbai, Institute of Management Technology (IMT) Nagpur and more.

SBM NMIMS, SPJIMR, Shailesh J. Mehta School of Management- [SJMSOM], and others are among the MBA colleges in Mumbai. This post contains information about MBA Colleges in Mumbai, Top MBA Colleges in Mumbai, MBA Colleges in Mumbai with Fees, and more. Many of MBA Colleges in Mumbai offer MBA (Master of Business Administration) and PGDM (Postgraduate Diploma in Management) programmes via distance learning online, and regular. Mumbai, often known as India’s “City of Dreams” and “Finance Capital,” is home to over 260 outstanding MBA Colleges in Mumbai. 57 MBA Colleges in Mumbai are authorized by ACITE, while 17 of them are approved by UGC. MBA colleges in Mumbai fees range from 50,000 to 30 lakhs per year, depending on the college. Some of the MBA colleges in Mumbai with low fees less than INR 60,000 include KJSCCETR Mumbai, Mumbai University, and KCCMS Mumbai. In Mumbai, there are a few government MBA colleges. There are 106 private MBA colleges in Mumbai and 11 government MBA Colleges in Mumbai. The list of Top 10 Government MBA Colleges in Mumbai includes the Mumbai University – [MU], Mumbai, National Institute of Industrial Engineering – [NITIE], Mumbai, IIT Bombay – Indian Institute of Technology – [IITB], Mumbai, and others. SPJIMR, Mumbai, NITIE Mumbai, NMIMS, Mumbai, SIMSREE, Mumbai, SDA Bocconi Asia Center, Mumbai K J Somaiya Institute of Management, Mumbai, SIES, Mumbai, Chetana’s Institute of Management and Research, IESMCRC, Mumbai, and more in the Top 10 MBA Colleges in Mumbai. Admissions in MBA Colleges in Mumbai depend on entrance Exam such as CAT, MAT, ATMA, MAH CET and more. The MBA colleges in Mumbai provide excellent job possibilities with high pay packages and a great return on investment. The average CTC in MBA Colleges in Mumbai is INR 18-30 LPA. Amazon, HDFC, Axis Bank, Accenture, HCL, and other top-tier corporations engage in placement drives hosted by MBA Colleges in Mumbai. The MBA in Finance Colleges in Mumbai include SPJIMR Mumbai, and SBM NMIMS Mumbai, SJMSOM Mumbai, which are all listed among the top 10 MBA colleges in Mumbai.

Top 10 MBA Colleges in Mumbai through CET

MBA/MMS is a low-fee, high-return-on-investment flagship two-year full-time MBA programme provided by 400 MBA colleges in Mumbai and the rest of Maharashtra based on the state-level MAHCET test administered by the Maharashtra government. The MMS or MBA in Mumbai offered through government guidance is a low-cost, high-return management programme. MBA Colleges in Mumbai accepting MAHCET scores for admission, including JBIMS Mumbai, SIMSREE Mumbai, K J Somaiya Mumbai, DSIMS Mumbai, SIES Mumbai, IES MCRC Mumbai, ITM Navi Mumbai, VESIM Mumbai, and Welingkar Mumbai. In the 400 MBA colleges in Mumbai and the rest of Maharashtra that recognise MAHCET scores, 15% of the seats are reserved for All India category students. Through DTE, Government of Maharashtra counselling, there are around 44000 total MBA/MMS/PGDM seats available in MBA institutes in Maharashtra.

College	MHRD 2017	MBAU 2016-17	BT Ranking 2017	Fee (Rs Lakhs)	Avg Salary (Rs Lakhs)	Exam Cut off percentile
SP Jain SPJIMR Mumbai	18	6	4	16	20.9	MAH CET 55
NMIMS Mumbai	34	6	11	17.5	17.58	MAH CET 60
NITIE Mumbai	12	16	13	8.1	17.09	MAH CET 70
IIT BOMBAY Mumbai		25	22		17.63	MAH CET 55
Institute of Management Technology (IMT) Nagpur		36	59	12	7.5	MAH CET 96+
IES Management IES MCRC Mumbai		58	143	6	6	MAH CET 70
Bharati Vidyapeeth`s BVIMSR Mumbai				4.9	4.5	MAH CET 70
Prin. L. N. Welingkar WE School Mumbai	46		30	11		MAH CET 80
SIESCOMS Navi Mumbai			53	7.2	6.7	MAH CET 70

Top 10 MBA Colleges in Mumbai

NMIMS, Mumbai, JBIMS Mumbai, SPJIMR, Mumbai, K J Somaiya Institute of Management, Mumbai, NITIE Mumbai, SIMSREE, Mumbai, SIES, Mumbai, Chetana’s Institute of Management and Research, IESMCRC, Mumbai, and SDA Bocconi Asia Center, Mumbai are the Top 10 MBA Colleges in Mumbai. Top MBA Colleges in Mumbai and Best MBA Colleges in Mumbai provide MBA and pGDM programmes online, offline and also distance learning. The top MBA colleges in Mumbai, along with their fees structures, are listed 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
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

MBA Colleges in Mumbai with Fees

There are over 106 private MBA Colleges in Mumbai and 11 government MBA Colleges in Mumbai out of 262 MBA colleges in Mumbai. MBA colleges in Mumbai with fees that range from Indian Rupees 50,000 to 30 lakhs per year, depending on the college. Here Is the list of MBA Colleges in Mumbai with fees which is given below:

Institute Name	Fees (In Rs lakhs)
K J Somaiya Institute of Management	14.93
Prin. L. N. Welingkar Institute of Management Development & Research	11
IMT Nagpur: Institute of Management Technology	14
SP Jain School of Global Management – Dubai – Mumbai – Singapore – Sydney	38.78
IIT BOMBAY: Shailesh J Mehta School of Management Mumbai	8.73
SIES College of Management Studies, Navi Mumbai	9
N. L. Dalmia Institute of Management Studies and Research, Mumbai	8.7
IES Management College And Research Centre, Mumbai	8.27
IIM Nagpur: Indian Institute of Management	13.75
ITM Navi Mumbai: ITM Group of Institutions	9.3

MBA Colleges in Mumbai with Low Fees

MBA colleges in Mumbai fees range from 50,000 to 30 lakhs per year, depending on the college. Some of the MBA colleges in Mumbai with low fees less than INR 60,000 include KJSCCETR Mumbai, Mumbai University, and KCCMS Mumbai. The following are the MBA colleges in Mumbai with low fees:

Name of the College	Average Annual Fees
K. C. College of Management Studies – [KCCMS], Mumbai	INR 45,000
Indian School of Management & Studies – [ISMS], Mumbai	INR 44,090
Mumbai University – [MU], Mumbai	INR 55,000
K. J. Somaiya Comprehensive College of Education Training and Research – [KJSCE], Mumbai	INR 36,250
IIT Bombay – Indian Institute of Technology – [IITB], Mumbai	INR 50,400
National Academy of Management Studies – [NAMS], Mumbai	INR 25,000
Hansraj Jivandas College of Education, Mumbai	INR 6,600
University of Mumbai, Institute of Distance & Open Learning – [IDOL], Mumbai	INR 17,625
SNDT Women’s University, Centre of Distance Education – [SNDT CDE], Mumbai	INR 15,800
Thakur Institute of Management Studies and Research – [TIMSR] Mumbai	INR 63,791

Top 10 Government MBA Colleges in Mumbai

The list of Top 10 Government MBA Colleges in Mumbai includes the Mumbai University – [MU], Mumbai, National Institute of Industrial Engineering – [NITIE], Mumbai, IIT Bombay – Indian Institute of Technology – [IITB], Mumbai, and others. SPJIMR, Mumbai, NITIE Mumbai, NMIMS, Mumbai, SIMSREE, Mumbai, SDA Bocconi Asia Center, Mumbai K J Somaiya Institute of Management, Mumbai, SIES, Mumbai, Chetana’s Institute of Management and Research, IESMCRC, Mumbai, and more in the Top 10 MBA Colleges in Mumbai. There are total 11 MBA Colleges in Mumbai Government. The following is a list of the top 10 MBA colleges in Mumbai, along with their average annual fees:

Name of the College	Average Annual Fees
Shailesh J. Mehta School of Management, IIT Bombay – [SJMSOM], Mumbai	INR 6,91,000
National Institute of Industrial Engineering – [NITIE], Mumbai	INR 7,03,000
IIT Bombay – Indian Institute of Technology – [IITB], Mumbai	INR 50,400
Mumbai University – [MU], Mumbai	INR 55,000
Shreemati Nathibai Damodar Thackersey Women’s University – [SNDT], Mumbai	INR 1,00,905
Hansraj Jivandas College of Education, Mumbai	INR 6,600
Thakur Institute of Management Studies and Research – [TIMSR] Mumbai	INR 63,791
Vikas Night College of Arts Science and Commerce, Mumbai	–
Thakur Global Business School – [TGBS], Mumbai	INR 4,80,000
Sasmira The Synthetic and Art Silk Mills Research Association – [SASMIRA], Mumbai	INR 1,99,000

MBA Colleges in Mumbai without Entrance Exam

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

MBA Colleges in Mumbai through CAT

MBA colleges in Mumbai shortlist and admit students to their flagship MBA/PGDM programmes based on CAT 2021 scores. Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai is a student favourite and one of the MBA colleges in Mumbai, with a low fee structure, and high placements. This MBA college in Mumbai has a CAT score cut off of 95+ percentile! Other top MBA colleges in Mumbai through CAT 2021 scores include SPJIMR Mumbai, NITIE Mumbai, SJMSOM-IIT Mumbai, Kohinoor Business School, and IIM Nagpur.

MBA Colleges in Mumbai accepting CAT Score	Expected Cut Off
SPJIMR Mumbai	CAT 90-100
IIT BOMBAY Mumbai	CAT 80-90
NITIE Mumbai	CAT 80-90
K J Somaiya Institute of Management Mumbai	CAT 87
BITS School of Management – BITSOM	CAT 80-90
Prin. L. N. Welingkar WE School Mumbai	CAT 70-80
Vijay Patil School of Management (VPSM): DY Patil University Navi Mumbai	CAT 70-80
Institute of Management Technology Nagpur	CAT 70-80
SDA Bocconi Mumbai	CAT 70-80
SIMSREE Mumbai	CAT 75

MBA Colleges in Mumbai Accepting MAT Score

Admission in the Top MBA colleges in Mumbai requires the Entrance exam. One of the entrance exams is MAT. Here is the list of Top MBA Colleges in Mumbai Accepting MAT Score which is given below:

MBA Colleges in Mumbai Accepting MAT score	Expected MAT Cut off percentile
SIES School of Business Studies Navi Mumbai	80-90
ITM Navi Mumbai	60-70
Chetana’s CIMR Mumbai	80-90
N. L. Dalmia Institute of Management Studies and Research Mumbai	70-80
Vivekanand Business School (VBS) Mumbai	70-80
IES Management College And Research Centre (IESMCRC) Mumbai	70-80
MET Mumbai	70-80
Kohinoor Business School Mumbai	70-80
Durgadevi Saraf Institute of Management Studies Mumbai	70-80
Vijaybhoomi University Mumbai	70-80

MBA Colleges in Mumbai accepting CMAT Score

More than 100 MBA colleges in Mumbai accepting CMAT scores for admission to their flagship MBA/PGDM programmes. We have compiled a list of Top MBA Colleges in Mumbai Accepting CMAT Score based on the most recent rankings, placements, CMAT Colleges in Mumbai with Fees, and other information.

MBA Colleges in Mumbai Accepting CMAT score	Expected CMAT Cut Off
K J Somaiya Institute of Management Mumbai	80-100
Welingkar WE School Mumbai	80-90
IMT Institute of Management Technology Nagpur	80-100
Sydenham SIMSREE Mumbai	80-90
SIES School of Business Studies Navi Mumbai	80-90
ITM Navi Mumbai	60-70
Chetana’s CIMR Mumbai	80-90
N. L. Dalmia Institute of Management Studies and Research	70-80
Vivekanand Business School (VBS) Mumbai	70-80
IES Management College And Research Centre Mumbai	70-80

Distance MBA Colleges in Mumbai

Distance MBA in Mumbai is a two-year postgraduate degree that is authorised by the UGC and requires you to study business administration. Mumbai is regarded as one of the destinations where you may realise your goals not just in the film industry, but also in business.

Some of the largest universities in India are located in Mumbai, Maharashtra State. The city is loaded with competition everywhere, and students and working professionals alike opt for online/distance courses to fulfil their entrance and get experience in the sector. As a result, there are several institutes that provide students with online/distance education.

List of Distance MBA Universities in Mumbai	Fee (INR)
NMIMS	68,000
Welingker Institute	50,000
IGNOU	31,500
YCMOU	17,500
MGAHV	15,000
SNDT	Rs. 4,125 to Rs. 20,000
SCDL	37,000
Dr. D.Y. Patil Vidyapeeth	75,000
Shivaji University	19,975
Periyar University	Rs. 17,015 to 20,000

Frequently Asked Questions

1. Which is the No 1 colleges in Mumbai?

In this you can find Top 10 MBA colleges in Mumbai with their fees structure.

2. Is MBA worth in Mumbai?

3. What are the different specialisations offered in MBA colleges in Mumbai?

4. Which is the best college for MBA in Mumbai based on placements?

5. Which MBA Colleges in Mumbai provide the best study material?

All of the institutes on our list of the Best MBA Colleges in Mumbai offer excellent study materials, but Rank 1 is widely regarded as the best by students.

Mumbai’s Top 20 MBA Colleges

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 M BA 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.

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?

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:

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

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.

Low Fees in Top MBA Colleges In Mumbai 2022

Top MBA Colleges In Mumbai With Low Fees 2022

Career Options Available After MBA In Mumbai 2022:-

Once the aspirant finishes off the course successfully, they are employed beneath special job roles primarily based on the specializations which they have chosen while pursuing this course.
The aspirants who have already pursued MBA or are currently pursuing MBA have a very vibrant scope for a profession in the future due to the fact MBA holds a lot of importance and organizations hire aspirants who are specialized in the field.
Choosing a career in MBA is a very good preference and also has many enterprise opportunities.
The aspirant has higher chances of getting hired in a greater job function primarily based on the diploma that they hold.
Doing a course in MBA not solely will increase your expert growth but also enhances your non-public growth simultaneously.
MBA also helps you to increase unique skills that are beneficial for you.
Most of the time, the expert with a greater degree of schooling and ability is paid a high salary package.
The doorways are open to many profession opportunities in the area out of which some are listed beneath with the predicted salary:-

Job Profile	Expected Salary
Relationship Manager	Rs. 4 Lakhs p.a.
Marketing Executive	Rs. 3 Lakhs p.a.
Business Analyst	Rs. 5 Lakhs p.a.
Area Sales Manager	Rs. 7 Lakhs p.a.
Operations Manager	Rs. 10 Lakhs p.a.
Human Resource Manager	Rs. 11 Lakhs p.a.
Assistant Human Resources Manager	Rs. 9 Lakhs p.a.
Business Development Manager	Rs. 11 Lakhs p.a.
Account Manager	Rs. 11 Lakhs p.a.
Executive Assistant	Rs. 10 Lakhs p.a.

Top Recruiters For MBA In Mumbai 2022:-

Here are some of the top employers in the sector, which includes:-

Amazon
Apple
Deloitte
TCS
Citigroup
Bain & Company
Facebook
Accenture
Capgemini
Hub Spot

List Of Top Private MBA Colleges In Mumbai With Low Fees Structure 2022:-

Name of the College	Course Fee (in Rs)
Dr DY Patil University’s School of Management, Navi Mumbai	8.4 L
Kohinoor Business School, Mumbai	5.5 L
Sir M. Visvesvaraya Institute of Management Studies and Research, Mumbai	4.6 L
ASM’s Institute of Management & Computer Studies, Thane	2.31 L – 6.5 L
GNVS Institute of Management, Mumbai	3.5 L

List Of Top Government MBA Colleges In Mumbai With Low Fees Structure 2022:-

Name of the College	Course Fee (in Rs)
Tata Institute of Social Sciences, Mumbai	40.6 K – 1.05 L
Bombay Stock Exchange Institute, Mumbai	5.6 L – 30.76 L
Shailesh J. Mehta School of Management, IIT Bombay, Mumbai	8.32 L
National Institute of Industrial Engineering, Mumbai	6.63 L – 14.63 L
Sasmira’s Institute of Management Studies and Research	3.8 L

ROI OF TOP MBA COLLEGES IN MUMBAI 2022:-

Name of the College	Course Fee in Rs	Average salary (in Rs LPA)
TISS, Mumbai	30.33 LPA	20.06 LPA
NMIMS, Mumbai	30.37 LPA	17.97
SJMSOM, IIT Bombay, Mumbai	32.4 LPA	20.8
SIMSR Mumbai	28.5 LPA	13.25
SIMSREE, Mumbai	17 LPA	10.97

ITM MBA Fees:-

ITM Business School, Navi Mumbai Courses & Fees 2022

Courses	Total tuition Fees	Eligibility
ITM Navi Mumbai MBA fee: MBA/PGDM(10 Courses)	INR 10.45 L (for 2 years)	Graduation: 50 % Exams: MAT XAT +5 more

ITM Course Admission:-

Streams:-

Commerce
Computer Applications and IT
Management and Business Administration

ITM Navi Mumbai Average Package:-

During the PGDM marketing placement drive, the highest possible salary was offered at INR 22 LPA and the average salary was at INR 8.5LPA. 100% of the batch was offered a job.
100% of the batch was hired during the PGDM business analytics placement drive. The average salary for students was INR 6 LPA. The highest package was INR 13.4 LPA.
100% of the PGDM Operations & supply chain management students were hired during the placement drive. The average salary was INR 6 LPA and the highest package was INR 13.4LPA.
During the PGDM Finance Management placement drive, an INR 7.6 LPA average salary was received. The highest package was INR 14.2 LPA.
100% of students in the PGDM Retail Manager specialization were placed during the placement drive. INR 22 LPA was the highest possible salary package. The average salary was INR 7 LPA.
The PGDM International Business placement drive saw 100% placements for the participants. The average salary was INR 7.1 LPA and the highest package came in at INR 15 LPA.
100% of the PGDMHR Management batch were placed during the placement drive. The maximum salary package was INR 8 LPA, while the average salary was INR 5.6 LPA.
An average salary package of INR 6.5 LPA was offered during the Financial Market Management placement drive. The highest package was INR 10.8 LPA.

ITM Navi Mumbai MBA Placements 2022:-

The below table shows the highlights of ITM Navi Mumbai MBA Placements 2022:-

Particulars	Marketing
Highest salary	INR 22 LPA
Average salary	INR 5.6 LPA to INR 7.5 LPA
Top recruiters	Amazon, Shoppers Stop, Kotak Mahindra Bank, LG, JP Morgan

ITM Navi Mumbai MBA Placements 2022 Specialization-Wise:-

The below table represents the specialization-wise placement data of ITM Navi Mumbai Placements 2022:-

Particulars	Marketing	HR	Finance
Number of recruiters	–	–	–
Placement percentage	100%	–	–
Highest salary	INR 22 LPA	INR 8 LPA	INR 12 LPA
Average salary	INR 7.5 LPA	INR 5.6 LPA	INR 7 LPA

During the MBA Finance placement drive, students received an average salary of INR 7 LPA. The highest salary package stood at INR 12 LPA.

ITM Navi Mumbai Placements Year Wise:-

The below table shows the year-wise trends of ITM Navi Mumbai Placements:-

Particulars	Placements 2022	Placements 2021	Placements 2020	Placements 2019
Highest salary	INR 22 LPA	INR 22 LPA	INR 22 LPA	INR 17.8 LPA
Average salary	INR 8.5 LPA	INR 8.5 LPA	INR 8.5 LPA	INR 8.5 LPA

ITM Navi Mumbai Placement Top Recruiters:-

LG	Kotak Mahindra Bank	ICICI Securities
Amazon	TNS	Reliance Digital
Shoppers Stop	JP Morgan	American Express
Deloitte	Flipkart	VOLTAS
HDFC Bank	AON	ITC Hotels

ITM Navi Mumbai Placement Conclusion:-

MBA Marketing students bagged the highest package at INR 22 LPA, while ITM Navi Mumbai average placement package was INR 8.5.

Final Placements

The average and highest salaries packages of INR 22 LPA (and INR 8.5) remained the same for two consecutive year, 2020 and 2021.
ITM Navi Mumbai had a 100% placement rate for 2021
Over 650 companies took part in the placements drive, offering overseas placement opportunities

Highlights from the ITM Business School Placements 2022:-

Particulars	Statistics
Highest Salary	INR 22 LPA
Average Salary	INR 8.5 LPA
No. of recruiters	650+
Placement percentage	100%
Top recruiters	HDFC Bank, L&T, Flipkart, ICICI Bank and The Times Network, among others

ITM Navi Mumbai Cutoff:-

ITM Navi Mumbai CAT Cutoff 2022:-

ITM Navi Mumbai NMAT Cutoff 2022:-

Programs	General
Post Graduate Diploma in Management Business Analytics	55
PGDM Finance	55
PGDM Human Resource Management	55
PGDM Marketing	55
PGDM Digital Marketing and Transformations	55
PGDM Financial Markets	55
PGDM FINTECH	55
PGDM International Business	55
PGDM Operations & Supply Chain Management	55
Post Graduate Diploma in Marketing and Retail Management	55

ITM Navi Mumbai MAT Cutoff 2022:-

Programs	General
PGDM International Business	73
PGDM Marketing	73
PGDM Finance	73
PGDM Human Resource Management	73

ITM Business School Navi Mumbai Admission-PGDM:-

ITM Business School Navi Mumbai Admission-PGDM Eligibility Criteria:-

Course	Seats	Eligibility Criteria
PGDM	240	Candidates must have passed graduation with a minimum of 50% marks. Valid score in CAT/ XAT/ CMAT/ GMAT/ MAT/ ATMA/ State CET tests/ NMAT by GMAC.
PGDM Finance	180
PGDM Financial Marketing
PGDM Marketing
PGDM Human Resource Management	60
PGDM International Business
PGDM Retail Management and Marketing
PGDM Digital Marketing and Transformation	–	Candidates must have passed graduation with a minimum of 50% marks. Valid score in CAT/ XAT/ CMAT/ GMAT/ MAT/ ATMA/ State CET tests/ NMAT by GMAC.
PGDM Operations and Supply Chain Management	–

MBA Colleges In Mumbai With Low Fees Structure Highlights 2022:-

Total MBA Colleges in Mumbai	180
Average Fees	Annual fee: More than Rs. 5 lakh- 48% Rs. 3-5 lakh- 24% Rs. 2-3 lakh- 11% Rs. 1-2 lakh- 11% Less than Rs. 1 lakh- 6%
Top Specializations	Finance Sales and Marketing Human Resources IT and Systems Operations International Business Supply Chain Business Analytics Entrepreneurship Healthcare and Hospital
Admission Process	CAT, MAT, XAT, CMAT, ATMA, MAH CET and more.
Number of IITs	One

MBA Colleges In Mumbai Specialization Offered 2022:-

Here is the list of top specializations in MBA:-

MBA in Marketing
MBA in Finance
MBA in General Management
MBA in International Management
MBA in Human Resource Management
MBA in Operations Management
MBA in Rural Management
MBA in Logistics Management
MBA in Information Technology
MBA in Business Management

MBA Colleges In Mumbai Eligibility Criteria 2022:-

The aspirants willing to pursue an MBA program, they ought to have a bachelor’s diploma with at least 50% marks or equal from a recognized board or university.
They additionally appear for the entrance examination that is carried out by using the faculties and exclusive universities.

MBA Colleges In Mumbai Admission Process 2022:-

Mentioned beneath is the list of some of the entrance examinations that are conducted to provide admission for the course:-

CAT
XAT
MAT
SNAP
NMAT
CMAT
MAHCET

Top 10 Government MBA Colleges In Navi Mumbai:-

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.

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 With Low Fees:-

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 With Low Fees:-

Tabulated below is the list of top 10 MBA colleges in Mumbai along with their average annual fees:-

Name of the College	Average Annual Fees
Shailesh J. Mehta School of Management, IIT Bombay – [SJMSOM], Mumbai	INR 6,91,000
National Institute of Industrial Engineering – [NITIE], Mumbai	INR 7,03,000
IIT Bombay – Indian Institute of Technology – [IITB], Mumbai	INR 50,400
Mumbai University – [MU], Mumbai	INR 55,000
Shreemati Nathibai Damodar Thackersey Women’s University – [SNDT], Mumbai	INR 1,00,905
Hansraj Jivandas College of Education, Mumbai	INR 6,600
Thakur Institute of Management Studies and Research – [TIMSR] Mumbai	INR 63,791
Vikas Night College of Arts Science and Commerce, Mumbai	–
Thakur Global Business School – [TGBS], Mumbai	INR 4,80,000
Sasmira The Synthetic and Art Silk Mills Research Association – [SASMIRA], Mumbai	INR 1,99,000

Low Fees 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.

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

Top MBA Colleges In Mumbai: NIRF Rankings 2021:-

IIT Bombay has been ranked as the top MBA school located in Mumbai in the country by NIRF. The college has been awarded an 11th place ranking within India by the nation’s organization for ranking in the year 2021.
While the school is rated as the top in Mumbai however, it has experienced the loss of 1 spot in its standing when compared to 2022.
Some other schools in Mumbai which are ranked by NIRF include SP Jain, NITIE, Narsee Monjee, and KJ Somaiya.
The most impressive improvement in these colleges was demonstrated by NITIE Mumbai, which has shot up 17 places. NITIE Mumbai saw a decrease of 15 places this year.

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

Top MBA Colleges In Mumbai: India Today Ranking:-

College Name	India Today Ranking 2022
SP Jain Institute of Management and Research (SPJIMR)	4
Narsee Monjee Institute of Management Studies (NMIMS)	9
National Institute of Industrial Engineering (NITIE)	11
K J Somaiya Institute of Management Studies and Research (KJ SIMSR)	25
L N Welingkar Institute of Management Development and Research	33
Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)	39
N L Dalmia Institute of Management Studies and Research	80
Universal Business School	86
IES Management College and Research Center	144
Atharva Institute of Management Studies	171

SPJIMR Mumbai has been ranked as the best MBA college in Mumbai by the India Today survey. It has been given a rank of 4 among all the top management colleges in India.

Other popular MBA colleges in the city like Narsee Monjee, NITIE, and KJ Somaiya have also been included in this list and are also ranked among the top 25 MBA colleges in India.
NITIE Mumbai, which wasn’t included in the list last year, is ranked at 11th position in India now.
IES Management College and Research Center still ranks at 144th position, but it has shown a tremendous improvement by 24 ranks.

List Of Government MBA Colleges In Mumbai With Low Fees Structure 2022:-

Name of the college	MBA Fees
Sydenham Institute of Management Studies and Research and Entrepreneurship Education (SIMSREE)	INR 1,34,000
Jamnalal Bajaj Institute of Management Studies (JBIMS)	INR 1,02,290
Veermata Jijabai Technological Institute [VJTI]	INR 3,00,000 to INR 4,00,000
National Institute of Industrial Engineering (NIIE)	INR 13,43,000
IMU Mumbai Port Campus	INR 2,20,000
Shailesh J. Mehta School of Management (SJMSOM	INR 8,27,000
Shreemati Nathibai Damodar Thackersey [SNDT] Women’s University	INR 1,02,000

Frequently Asked Questions:-

1. What is the government fee for MBA?

Ans. The government fee for MBA Starts from INR 8K and can rise to INR 25 lakh.

2. What are the fees for MBA in Mumbai University?

Ans. The fees for MBA in Mumbai University revolve around INR 8K to INR 2 lacs.

3. Which college is better for MBA in Mumbai?

Ans. SPJIMR, SJSOM, and NITIE colleges are better for MBA in Mumbai.

4. Where I can study MBA with low fees?

Ans. The best possible way to study MBA with low fees is the faculty of management studies college at Delhi University fees of INR 25000.

5. What is the monthly income of an MBA?

Ans. The average monthly income of an MBA can range from INR 50K to INR 1 lakh.

6. Is MBA hard to study?

7. How much percentage is required for MBA?

8. Is Cat compulsory for MBA?

9. Can I get free seat in MBA?

Ans. No such provisions for free seat, you can get scholarships, which will waive off your fees by 40%.

Best Part time MBA Colleges in Navi Mumbai

People Also Ask

Q1. Do part-time MBA programs provide job placement?

Q2. Are there any part-time MBA programs in Mumbai?

Q3. How long does a part-time MBA program last?

Q4. Will I be able to find work after completing my part-time MBA?

Best Part time MBA Colleges in Navi Mumbai Detailed Information

Does Part-Time MBA Mumbai Have Value? Best Part time MBA Colleges in Navi Mumbai

Best Part time MBA Colleges in Navi Mumbai Eligibility Criteria

Best Part time MBA Colleges in Navi Mumbai Fees Structure

Specializations of Best Part time MBA Colleges in Navi Mumbai

Mumbai Part-Time MBA Duration

Top 10 MBA Colleges in Mumbai

Tabulated below is the list of Top MBA Colleges in Mumbai along with their fees structure.

Top 10 Government MBA Colleges in Mumbai

Best MBA in Mumbai Top Colleges

Top 25 MBA Colleges in Mumbai:

MBA colleges in Mumbai with low fees

MBA Colleges in Mumbai with less than Rs. 5 lakh fee:

MBA Colleges in Mumbai without Entrance Exam

Frequently Asked Questions

Q1. Which institute is best for part time MBA?

Q2. Which college is best for part time MBA in Mumbai?

Q3. Which MBA college is best with low fees?

Q4. How many MBA colleges are there in Mumbai?

Q5. Which is best MBA college in Mumbai?

Q6. What is the fees of MBA in Mumbai colleges?

Q7. Which MBA course is best?

Q8. Which MBA gives highest salary?

Q9. What is the monthly income of MBA?

Q10. Does an MBA guarantee a good job?

Q11. Is Cat compulsory for MBA?

Q12. Which MBA has highest salary in India?

Q13. Is MBA hard to study?

Q14. Which MBA is best for CEO?

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Best Part time MBA Colleges in Navi Mumbai

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Q. Are there any part-time MBA programs in Mumbai?

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MBA colleges in mumbai without entrance exam.

Frequently Asked Questions

Q1. Which institute is best for part time MBA?

Q2. Which college is best for part time MBA in Mumbai?

Q3. Which MBA college is best with low fees?

Q4. How many MBA colleges are there in Mumbai?

Q5. Which is best MBA college in Mumbai?

6. What is the fees of MBA in Mumbai colleges?

Q7. Which MBA course is best?

Q8. Which MBA gives highest salary?

Q9. What is the monthly income of MBA?

Q10. Does an MBA guarantee a good job?

Q11. Is Cat compulsory for MBA?

Q12. Is MBA hard to study?

Q13. Which MBA is best for CEO?

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Best MBA Colleges in Mumbai for Finance Highlights

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