Skip to main content

SP Jain MBA College in Mumbai

SPJIMR Mumbai is a private management college and has been ranked 21st by NIRF 2022 ranking and #151 – 200 in the rundown of QS World University Ranking 2022. SP Jain Institute of management is a piece of Bharatiya Vidhya Bhawan and is recognized by NBA, UGC, and AACSB (Association of Advance Collegiate Schools of Business). The college offers full-time residential courses like PGDM, PGPM, GMP (Global Management Program), PGMPW (Post Graduate Management Program for Women), and FPM programs. The college offers 5 seminars on Family Business Management, 2 Entrepreneurship programs, 2 Global projects, 1 executive and 3 social area programs. SPJIMR offers its executive management courses i.e PGEMP at Mumbai Campus and PGPGM is presented at Delhi Campus. For more, check SP Jain Courses and Fees.

SP Jain Mumbai’s PGDM course has a unique selection process, where the principal MBA shortlist is delivered based on Academic score and Entrance Exam score (CAT/GMAT). The college lays more emphasis on candidates’ Academic Profiles, which assists in the selection of candidates with slightly lower CAT/GMAT scores. SPJIMR has dropped XAT from its admission criteria for the year 2022. Check SPJIMR Admission

SPJIMR Admission Dates

EventDate
CAT 2022 Exam Date (Tentative)Nov 27, 2022
CAT 2022 Registration Window (Tentative)Aug 3, 2022 – Sep 23, 2022
Last Date to Apply for Admission (PGP GM)Jun 30, 2022
Last Date to Apply for Admission (PGPM)Aug 15, 2022

SPJIMR Ranking

Ranking SystemRank
QS World University Ranking 2022151 – 200
Financial Times Masters in Management (MIM) 2021 Rankings (India)#2
Financial Times Masters in Management (MIM) 2021 Rankings (World)#39
NIRF 2022#21
OUTLOOK ICARE Rankings (Top Private MBA Institutions) 2021#2
QS MBA Global Rankings 2021#151-200
Business Today #5

SPJIMR Courses

Course NameEligibility & Selection Criteria
PGDMEligibility: Bachelor’s withy minimum 50% aggregate marks
Selection Criteria: CAT/ GMAT followed by PI.
PGPMEligibility: Bachelor’s withy minimum 50% aggregate score, Minimum 5 years full-time work experience
Selection Criteria: GMAT/CAT scores along with Personal Interview
GMPEligibility: Graduation with minimum 60% marks
Selection Criteria: Merit in GMAT(550 Score)/GRE/CAT/XAT (80 Percentile) and Interview.
PGMPWEligibility: Bachelor’s degree from any recognized University, Minimum 4 years work experience, More than 1 years of career break, Valid GMAT/NMAT/CAT/XAT score
Selection Criteria: Statement of Purpose (SoP), GD, and PI
PGEMPEligibility: Minimum 50% marks in Bachelor’s degree, Minimum 5 Years work experience or Diploma Holder’s with 50% marks must have minimum 10 years work experience.
Selection Criteria: Test of Reasoning, Group discussion, Personal Interview
PGP-GMEligibility: Minimum 50% marks in Bachelor’s degree, Minimum 5 Years work experience
Selection Criteria: Test of Reasoning, Group discussion, Personal Interview
PGP-FMBEligibility: Bachelor’s degree holder, second generation members of the family in which candidates will inherit ownership, must have mentor throughout the courses,
Selection Criteria: Online Aptitude test, Interview, Assessment
FPMEligibility: Master’s Degree with minimum 55% marks, and Bachelor’s degree with 50% marks, or Professional qualification such as CA, ICWA, CS with minimum 55% marks, Valid GMAT/GRE/CAT/NET mgt. /MAT/XAT/PET, Minimum 50% marks in Class 10+2, Preferably 3 years work experience in relevant specialization
Selection Criteria: Research Aptitude Test(RAT)and a Personal Interview
PGDM–BM Eligibility: Candidates must have a Bachelor’s Degree with a Minimum of 50% Marks from a Recognized University, Valid CAT & GMAT scores are accepted, Candidates with 5 Years of Work Experience can also apply Selection Criteria:Candidates are shortlisted based on their valid CAT or GMAT scoresShortlisted, Candidates are further called for Personal Interview, Final Selection for the Program is based on Overall Performance in Academic Background, Work Experience (if any), Versatility & Achievements, Entrance Scores & Personal Interview

SPJIMR Admission Stories

NameCAT PercentageWork Experience Graduation score
Shreya Agarwal92Wazir advisors, 1 year, consulting9.1
Arpit D’SouzaSPJAT – 98Fresher76
Jitendra Singh92Fresher85
Niharika Rathore93Fresher71
Aman Kumar89Fresher85

 

SPJIMR CAT Cutoff 2022

CourseCategoryOverall Percentile
PGDMGeneral85
PGPMGeneral85
PGPDMGeneral85
GMPGeneral80

SPJIMR Cut off is 85 percentile in CAT/GMAT to be qualified for MBA admission process. The sectional cut off for the equivalent is 75 Percentile. Not at all like previous years, XAT score isn’t accepted for MBA (PGPDM) admission process. For GMP admission at SPJIMR, candidates are expected to have a base score in any one entrance exam. The GMAT Cut off for GMP is 550 marks, 300 marks in GRE and 80 percentile for CAT/XAT qualified candidates.

SPJIMR Placements 2022

SPJIMR as of late concluded its 2021-22 situation drive. Rumored recruiters like Accenture, Bain, Cognizant, KPMG, LTI and so forth visited the grounds. The most significant pay package expanded from INR 46.65 LPA in 2021 to INR 53.16 LPA in 2022. The course-wise situation highlights of SPJIMR Placements 2022 is tabulated below:

ParticularsPGDMPGPM
Number of recruiters7075
First-time recruiters33
Number of PPO123
Number of students 238130
Highest salaryINR 53.16 LPA
Average salaryINR 32.06 LPAINR 23.06 LPA
Median salaryINR 30.10 LPA
Average salary of top 25%INR 31 LPA
Average salary of top 50%INR 28.7 LPA
Top recruiting sectorsConsulting & FMCGConsulting & Technology

SPJIMR Scholarships

SPJIMR offers Institute-supported scholarships to the FPM, GDP and PGDM students. The scholarship details are given in short below:

FPM Scholarship: SP Jain Institute of Management and Research offers 100 percent scholarships to selected candidates in FPM courses. Institute offers Financial help of INR 40000 every month till Coursework Phase, trailed by INR 42,000 every month in the wake of finishing the passing exam and INR 45000 Per month after proposal protection.

PGDM Merit cum – Means Based Financial Assistance: SPJIMR additionally offers merit cum scholarships to the meritorious students of the PGDM program.

GPM Merit cum – Means Based Scholarship: GPM students get scholarship benefits of a greatest 100 percent degree according to merit premise.

SPJIMR Faculty

SPJIMR Faculty Ratio currents stand at 1:6 (approx) including the 16 Ad Hoc faculty individuals. The faculty individuals are the institutes known for making students’ knowledge Engine with unique teaching method plans. The ongoing strength of full-time faculty individuals is 69.

Dr. Anil Vishnu Vaidya, at present Professor and Head-ERP Implementation Program, has graduated from the University of Bradford, School of Management, Bradford, UK. Then again, faculty like Dr. Hemant Kumar Manuj, Associate Professor – Finance and Area Head – Finance, had 20 years of involvement with Market Risk, Asset Liability Management (ALM), and Early Warning Signals (EWS) age for IDFC Ltd and IDFC Bank.

SPJIMR Alumni

SPJIMR, Mumbai has an enormous alumni organization of more than 10,000 and a considerable lot of them are driving experts in the corporate area, social area and public life. A portion of the notable alumni are given below:

  • Mahesh Madhavan: CEO at Bacardi Limited
  • Deepak Iyer: Managing Director at Mondelez International, India
  • Deepak Rastogi: President and Group CFO at Tata Autocomp Systems
  • Mahesh Rupanagudi: Forbes Europe 30 under 30
  • Shilpa Divekar Nirula-CEO, India, Monsanto
  • Indrajit Gupta-Founding Editor, Forbes India
  • Arya Sekhar-MD, Morgan Stanley-Risk Management, New York

SPJIMR Startups

A portion of the famous and successful showing startups to the SPJIMR Alumnus are mentioned below.

The startups have gotten great financing from different public and international recognized organizations and are raising successful obligations every year by flourishing fantastic administrations and offices.

Frequently Asked Questions

Q1. What student clubs are there at SPJIMR?

Ans. SP Jain Institute of Management and Research students clubs are a wellspring of the collaboration of students with experts and alumni according to area of interest. The student’s clubs working at the institutes are:

  1. Business Consulting Club
  2. Shout out Club
  3. Business Technology Club
  4. Turn (Dance Club)
  5. Tasveer-The creatives club
  6. Jalsa – Diversity and Inclusion Club
  7. B-Major (Music Club)

Q2. What are SPJIMR Centers of Excellence?

Ans. SP Jain Institute of Management and Research has 5 Centers of Excellence overseeing advancement and drive programs. The focuses are as per the following:

  • Community for Entrepreneurship Development (CED)
  • Community for Project Management
  • Community for Development of Corporate Citizenship (CDOCC)
  • Community for Education in Social Sector (CEdSS)
  • Community for Family Managed Businesses (CFMB)

Q3. Who are top recruiters at SPJIMR?

Ans. The top recruiters of SP Jain Institute of Management and Research are Avalon Consulting, Accenture Strategy, Bain and Company, Deloitte, Boston Consulting Group, GEP, Ernst and Young, IBM, KPMG and PwC.

Q4. What are the contact details of SPJIMR?

Ans. Intrigued Candidates can contact SP Jain Institute of Management and Research, Mumbai through details given below:

  • Address: SP Jain Institute of Management and Research Bhavan’s Campus Munshi Nagar | Dadabhai Road,
  • Andheri West | Mumbai – 400 058, India
  • Gathering Call: +91 22 61454200
  • Email: reception@spjimr.org
  • Telephone:+91-22-2623-0396/2401, +91-22-2623-7454

Q5. Which is better: NMIMS or SPJIMR?

Ans. Students at NMIMS need to burn through 6-8 weeks on a late spring task of 100 marks between the first and the second year while seeking after a full-time MBA. SP Jain Institute of Management and Research is the main B-school that has pre-winter internships when contrasted with summer internships. The students opt for internships after they pick their specialization.

Q6. What is a decent profile for SPJIMR?

Ans. A decent extra-curricular profile can have a significant achievement in one specific region – state/national level games, show level performer/artist, or whatever other achievement that obviously places you in the top percentiles around there and another premium which can be minor.

NMIMS Mumbai Admission 2022

NMIMS Mumbai Admission 2022

In the first week of February, NMIMS issued the shortlist for the PI round for MBA NMIMS Mumbai Admission 2022, and the School of Business Management at NMIMS held online PI and WAT from February 10 onwards for MBA 2022-24 batch NMIMS Mumbai Admission. Shortlisted candidates were required to book and select a day and session for the WAT and PI procedure. The deadline for booking their preferred PI and WAT date and session was February 7, 2022.

In its component schools, NMIMS Mumbai provides Undergraduate, Diploma, PG Diploma, Integrated, Research programmes and Postgraduate. NMIMS Mumbai admissions are based on entrance exam results , achievements in sports and the arts, and previous academic records. NMIMS Mumbai’s main programme is the Master of Business Administration (MBA), with concentrations in Human Resource Management, Real Estate,  General, Family Management Business & Entrepreneurship, Pharmaceutical Management, Entrepreneurship, and Digital Transformation.

NMIMS Mumbai Admission to the programme, unlike other courses, is based on the NMAT by GMAC exam result, followed by case discussions and a personal interview round. Candidates are chosen based on their prior academic records, suitable professional experience, and other factors. The NMAT threshold range for admission is between 196-236. NMIMS would solely use first round scores for shortlisting for the CD-PI round for MBA admission in 2022. Candidates who pass the NMAT test on a reapplication status will not be considered for the part 2 NMIMS Mumbai Admission Criteria.

NMIMS Mumbai Last date to apply for NMAT Exam  is on January 9, 2022.NMIMS MBA fees range around Rs. 21.90 lakhs. The NMIMS Mumbai admission requirements for MBA admission 2022 have been updated. Read on to learn about the NMIMS Mumbai admission requirements, programmes offered, intake, fee, placement, NMIMS Mumbai admission procedure, eligibility, and other relevant facts.

NMIMS Mumbai Admisssion: Important Dates

EventDate
Admission Closure of BA (Hons.) Liberals ArtsSep 1, 2022
Call letters for Personal Interview (M.Arch)Jul 12, 2022
CLAT 2022 Exam DateJun 19, 2022
CLAT 2022 Registration WindowJan 1, 2022 – May 9, 2022
Closure of Admission (B.Sc Data Science, Applied Statistics & Analytics)Aug 26, 2022
Closure of Admission (BSc. Applied Mathematical Computing)Aug 26, 2022
Commencement of classes (BSc. Applied Mathematical Computing)Aug 10, 2022
Commencement of classes (B.Sc Data Science, Applied Statistics & Analytics)Aug 10, 2022
Commencement of Programme (PhD in Management)Jul 1, 2022
Computer based test at test centresApr 1, 2022 – Jun 26, 2022
Conduct of Personal Interview (M.Arch)Jul 16, 2022
Conduct of PI (PhD in Management)Jun 4, 2022
Conduct of Written Test (PhD in Management)May 28, 2022
D.Pharm Admission Registration deadlineAug 9, 2022
Declaration of 1st Merit List (BSc. Applied Mathematical Computing)Jul 21, 2022
Declaration of 1st Merit List will be available on (B.Sc Data Science, Applied Statistics & Analytics)Jul 21, 2022
Declaration of 2nd Merit List (BSc. Applied Mathematical Computing)Aug 1, 2022
Declaration of 2nd Merit List will be available on (B.Sc Data Science, Applied Statistics & Analytics)Aug 1, 2022
Declaration of Second merit list (B.Arch)Jul 26, 2022 – Jul 30, 2022
Declaration of Second merit list (B.Arch.)Jul 25, 2022
Document upload & Payment of Admission fees for 1st Merit List (B.Sc Data Science, Applied Statistics & Analytics)Jul 22, 2022 – Jul 29, 2022
Document upload & Payment of Admission fees for 1st Merit List (BSc. Applied Mathematical Computing)Jul 22, 2022 – Jul 29, 2022
Document upload & Payment of Admission fees for 2nd Merit List (B.Sc Data Science, Applied Statistics & Analytics)Aug 2, 2022 – Aug 8, 2022
Document upload & Payment of Admission fees for 2nd Merit List (BSc. Applied Mathematical Computing)Aug 2, 2022 – Aug 8, 2022
Documents upload & Payment of Admission fees (B.arch)Jul 16, 2022 – Jul 20, 2022
Documents upload and Payment of Admission fees (M.Arch)Jul 21, 2022 – Jul 26, 2022
Exam Date scheduling window will be availableFeb 1, 2022 – Jun 23, 2022
Final Result ( MBA Healthcare Management (Phase 1))Jul 13, 2022
GD/ PI for MBA Healthcare Management (Phase 1)Jul 9, 2022
Last Date for BA (Hons.) Liberal ArtsJun 22, 2022
Last date for updating 12th percentage (B.Sc Data Science, Applied Statistics & Analytics)Jul 17, 2022
Last date for updating 12th percentage (BSc. Applied Mathematical Computing)Jul 17, 2022
Last date of documents upload for Personal Interview (M.Arch)Jul 15, 2022
Last date of online Registration (BSc. Applied Mathematical Computing)Jul 17, 2022
Last Date to Apply (PhD in Management)May 18, 2022
Last Date to Apply for B.Arch, M.Arch and B.A (Hons.)Jul 10, 2022
Last Date to Apply for MBA Healthcare Management (Phase 1)Jul 3, 2022
Last Date to Register for NMAT by GMACJan 9, 2022
Merit List declaration (1st Merit list)Jun 28, 2022
Merit List declaration (B.Arch)Jul 15, 2022
Merit List declaration (M.Arch)Jul 21, 2022
MHT CET 2022 Exam Date (Extended)Aug 5, 2022 – Aug 20, 2022
NATA 2022 Exam DateJun 12, 2022; Jul 3, 2022; Jul 24, 2022
NATA 2022 Registration WindowApr 8, 2022 – Jul 11, 2022
NMIMS-NPAT, NMIMS-CET, NMIMS LAT Online registration Closure DateJun 20, 2022
NMIMS-NPAT, NMIMS-CET, NMIMS LAT Online registration DateDec 23, 2021
Pay ment of fees (PhD in Management)Jun 10, 2022 – Jun 23, 2022
Payment of fees (I Merit List) ( MBA Healthcare Management (Phase 1))Jul 13, 2022 – Jul 16, 2022
Phase – 2 Final results (MBA Real Estate Management)Jun 21, 2022
Phase – 2 Payment of fees (MBA Law)Jun 16, 2022 – Jun 26, 2022
Phase- 2 Conduct of PI (MBA Law)Jun 11, 2022
Phase- 2 Conduct of PI (MBA Real Estate Management)Jun 18, 2022
Phase- 2 Conduct of Written Test (MBA Law)Jun 10, 2022
Phase- 2 Conduct of Written Test (MBA Real Estate Management)Jun 17, 2022
Phase- 2 Declaration of 1st merit list (MBA Law)Jun 15, 2022
Phase- 2 Last Date of Registration (MBA Real Estate Management)Jun 12, 2022
Phase- 2 Last Date to Apply for MBA (Law)Jun 5, 2022
Phase- 2 Payment of fees (MBA Real Estate Management)Jun 22, 2022 – Jun 25, 2022
Registration Window (B.Sc Applied Statistics & Analytics)Feb 24, 2022 – Jul 17, 2022
Registration Window (B.Sc Data Science)Mar 28, 2022 – Jul 17, 2022
Registration Window for B.Tech. Integrated (Six year program)Mar 20, 2022 – May 31, 2022
Registration Window for Integrated M.Sc. in Biomedical ScienceFeb 26, 2022 – Jul 17, 2022
Result of Written Test & Personal Interview (PhD in Management)Jun 17, 2022
SAT Registration WindowJan 17, 2022 – Jun 22, 2022

NMIMS Mumbai MBA Registration

Please see below for vital information on how to register for and participate in the PI/WAT round.

  • On your NoPaperForms dashboard, you received the Call Letter for the WAT & PI procedure.
  • To participate in the WAT & PI procedure, you must submit the WAT & PI invite form and pay the required price.
  • “Book your WAT/PI slot” will show on your dashboard when you make the payment.
  • You must select a day and session for your WAT/PI procedure.
  • Because each session has a limited number of seats, you should schedule another time if your initial choice is not available.
  • There will be no requests for rescheduling.
CoursesSpecializations
MBAGeneral, Human Resources, Entrepreneurship and Family business, social entrepreneurship, pharmaceutical management, law
PGDMReal Estate Construction and Management,
Executive – MBAGeneral and Pharmaceutical management
MBA- Part timeGeneral and social entrepreneurship
Integrated MBAFamily Business
M.Pharm and M.Pharm + MBAPharmaceutics, Pharmaceutical Quality Assurance, Industrial Pharmacy, Pharmaceutical Technology

NMIMS Mumbai MBA Eligibility Criteria

  • Human Resources, MBA-General, Social Entrepreneurship, Entrepreneurship and Family Business: Bachelor’s degree from a recognised university with at least 50% marks.
  • MBA- Pharmaceutical Management: A bachelor’s degree in Pharmacy, Science, Life Science, MBBS, BDS, BHMS, BAMS, B.Sc, B.Tech, or B.E with a minimum of 50% marks is required. Otherwise Candidates having a BE/B.Tech in Biotech/Biomedical Engineering may also apply.
  • PGDM- Real Estate construction and Management:  Must have Bachelor’s degree
  • Executive MBA (EMBA): Bachelor’s degree with at least five years of relevant job experience.
  • MBA-Law: Holders of an LL.B degree are eligible to apply. Alternatively, CA/ ICWA/ CS. Candidates who obtained their graduation via part-time, correspondence, or distance education are also allowed to apply.
  • Art-Time MBA: Bachelor’s degree with at least two years of relevant job experience.
  • M. Pharm and M.Pharm + MBA: 10+2 (PCB), Diploma, and B.Pharm degree with 55% aggregate marks
  • Integrated B.Pharm+MBA: Must have 10+2 with PCB
  • Integrated MBA: 10+2 with a grade point average of 70%. Candidates beyond the age of 25 are also ineligible to apply.

NMIMS MBA Fees

The following MBA programmes are available at NMIMS Mumbai. MBA students at NMIMS Mumbai and other campuses must pay the following NMIMS MBA Fees. NMIMS Mumbai programme specific information Fees, specialities available, and admission are as follows.

CampusManagement ProgrammeProgramme Fee (Rs. in Lakhs)
NMIMS School of Business Management, MumbaiMBA/MBA-HR21.9
NMIMS School of Business Management, MumbaiMBA Pharmaceutical Management13
NMIMS BengaluruMBA18.04
NMIMS HyderabadMBA16.54
NMIMS Navi MumbaiMBA16.54
NMIMS IndoreMBA15

NMIMS Mumbai MBA Selection Criteria

Final admission to the Regular, Part-time, and Executive MBA programmes is based on NMAT/GMAT or NMAT by GMAC scores, which are followed by an interview. Admission to the Integrated MBA (Family Business) is based solely on merit. PGDM admissions are based on assessment exams and interviews, whereas Integrated B.Pharm + MBA admissions are based on NMIMS-CET scores.

Programme NameSeats
MBA Two year full time programme having concentration in any one of the following areas: Finance/Information Systems/Marketing/ Operations & Decision Sciences – Mumbai campus600
MBA Human Resources-Mumbai campus120
MBA Decision Science & Analytics (Dual Degree in MBA Decision Science & Analytics, SBM + MS Business Analytics & Information Management, Purdue University), Mumbai campus60
MBA Pharmaceutical Management, Mumbai120
MBA – NMIMS Bengaluru Campus240
MBA – NMIMS Hyderabad Campus120
MBA – NMIMS Navi Mumbai Campus120
MBA – Indore Campus60
MBA – Business Analytics, Mumbai120
MBA- Digital Transformation offered at Mukesh Patel School of Technology Management & Engineering, Mumbai60
MBA-Business Analytics, Hyderabad campus60

NMIMS Mumbai MBA Placements 

NMIMS SBM, Mumbai had a good placement season, with industry heavyweights participating in the MBA and MBA HR program’s summer and final placements. Some of the largest corporations offered desired positions across industries in considerable numbers. Final Placements 2021 saw the college achieve yet another 100% placement. In NMIMS Mumbai Placement 2021NMIMS Mumbai highest package is INR 34.72 LPA and NMIMS Mumbai average package the Rs. 18.45 LPA. Microsoft, Google, Bain, JP Morgan, EY, Cognizant, Deloitte, Aditya Birla,  KPMG, PwC, IBM, Goldman Sachs, Bank of America, Credit Suisse, Accenture, Amazon, and Wipro were among the NMIMS Mumbai top recruiters.

NMIMS Mumbai Placements 2022 

During the NMIMS Mumbai Placements 2022, pre-placement offers placed 29 percent of the class. The highest pay package available was INR 57.65 LPA. Students earned an NMIMS Mumbai average package of INR 23.07 LPA. The BFSI industry received the most offers, followed by the Consulting sector.

ParticularsPlacements Statistics (2020-21)Placements Statistics (2021-22)
Number of recruiters150+150+
Number of new recruiters60+40+
Number of Fortune 500 recruiters50+60+
Highest salaryINR 34.72 LPAINR 57.65 LPA
Average salaryINR 18.45 LPAINR 23.07 LPA
Major sectorIT, Analytics, Consulting, Start up & CommerceBFSI
Top recruitersAdidas, Asian Paints, GE, L&T, Aditya Birla Group, CRISILAditya Birla Capital, EY, Capgemini, Cognizant, ICICI Bank

Apply to NMIMS before NMAT exam date

Register with NMIMS before your planned exam date or the NMIMS deadline, whichever is sooner. For example, if your NMAT test is on November 15th, 2021, you should apply for NMIMS MBA admission on or before November 14th, 2021.

You can enrol for the NMAT Main Exam and take it again. However, NMIMS will only admit applicants from the Main Examination. It implies that applicants who meet the NMIMS cut off based on NMAT retake exam results will not be considered for the second round of selection, and their retake/reapplication scores will not be considered for further consideration.

The ideal option is to apply for NMIMS Mumbai admission 2022 online immediately after registering and enrolling for the NMAT test.

NMIMS Mumbai  MBA Cut Off 

The NMIMS Mumbai cut off for NMIMS MBA admission 20222 in the School of Business Management is higher than at other NMIMS campuses. The NMIMS Mumbai NMAT cut off will be based on the NMAT by GMAC scaled score, which will result in a percentile. The following are the predicted cut offs:

NMIMS CampusProgrammeExpected cut off
NMIMS School of Business Management, Mumbai –MBA94
NMIMS, BengaluruPGDM91
NMIMS HyderabadPGDM90
NMIMS, IndorePGDM85
NMIMS, Navi MumbaiPGDM80

How to Get Admission in NMIMS Mumbai for MBA

  • For admission to NMIMS University programmes, an NMIMS online application must be filed on the NMIMS website and application fees must be paid in any of the approved modes within the time frame specified.
  • It is the candidate’s obligation to pick the programme preference while completing the NMIMS application form.
  • Even if they are applying to numerous programs/campuses, candidates must complete only one application form.

NMIMS MBA Application Fee 2022

The NMIMS application fee is Rs.2600/- Plus taxes, regardless of whether you are applying for one or more MBA programmes. The Common Application may only be filed online. The application fee is payable by debit card, credit card, or payment wallet.

Frequently Asked Questions

1. How can I take admission in MBA in NMIMS?

  • For admission to NMIMS University programmes, an NMIMS online application must be filed on the NMIMS website and application fees must be paid in any of the approved modes within the time frame specified.
  • It is the candidate’s obligation to pick the programme preference while completing the NMIMS application form.
  • Even if they are applying to numerous programs/campuses, candidates must complete only one application form.

2. Is it easy to get admission in NMIMS Mumbai for MBA?

Ans. Around 90,000 students take this test, and only 1200 are chosen, which is relatively low in comparison to other mba examinations. Another advantage of this exam is that you may take it several times.

3. What is the entrance exam for MBA in NMIMS?

Ans. NMAT 2022 is a national level MBA entrance exam that leads to MBA admissions at NMIMS Mumbai and other major MBA institutions in 2023. The NMAT by GMAC 2022 test is administered by GMAC.

4. Does NMIMS accept CAT score?

Ans. NMIMS accepts CAT results from different IIMS as well as XAT results from XLRI Jamshedpur. For admission to the PGCM programme, candidates must have an 86 percentile in the CAT entrance exam or the XAT entrance exam.

5. Does NMIMS take direct admission?

Ans. Yes, aspirants who meet the minimum qualifying requirements can apply for direct/management quota admissions to NMIMS. Direct admissions, on the other hand, require candidates to visit the college admissions office personally.

6. How do I pay my NMIMS fees?

Ans. The NMIMS application fee is Rs.2600/- Plus taxes, regardless of whether you are applying for one or more MBA programmes. The Common Application may only be filed online. The application fee is payable by debit card, credit card, or payment wallet.

7. Is it hard to get into NMIMS?

Ans. Only around 4% of those who apply get contacted for an interview. And only about 600 candidates are chosen for admittance, including both core and HR branches. So, around 1% of students who take the test get accepted at NMIMS. The needed cutoff for NMIMS colleges, according to recent trends, is as follows.

8. Does NMIMS accept CMAT score?

Ans. No, they accept both the NMAT and the GMAT.

9. What is merit no in NMIMS?

Ans. Students are assigned merit ranks based on their overall grade point average. In the case of NMIMS Mumbai MBA(Core), only the top 1200 merit rankers are called for final admission.

10. Is it worth joining NMIMS Mumbai?

Ans. Unless you have an IIM or other Tier 1 college in mind, it is a very solid pick. As one of the best universities in Mumbai, NMIMS-Mumbai draws a large number of firms that visit the campus each year. Furthermore, NMIMS places a strong emphasis on non-traditional learning.

Related Videos

Best Placement College in Mumbai for MBA

Best Placement College in Mumbai for MBA

Best Placement College in Mumbai for MBA – Top 10 Best Placement College in Mumbai This includes information about educational programs, faculty, cost, location, placement, and fees. Mumbai is home to the most significant management sector in India. 

The country has the most number of business schools. Best Placement College in Mumbai for MBA is a great place to go. They provide a nurturing environment for students in every aspect of the management industry. Students from Mumbai have the chance to work in high-paying industries.

Getting into the Best Placement College in Mumbai for MBA may provide any student with a competitive advantage. Joining MBA Colleges in Navi Mumbai is really advantageous for any student. Enrolling in MBA tutoring will increase your chances of success.

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. 

Best Placement College in Mumbai for MBA provides 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 Placement College in Mumbai for MBA

College NameIndia 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

Are you looking for MBA colleges in Mumbai? The WAC’s research team has compiled a list of the Best MBA Schools in Mumbai to help you make the right choice. What is MBA?

What career path should you choose to finish your degree? This is the most difficult decision students face after college. It can be daunting to make the right decision with so many options available. Many of these options were not even known until recently. It is an important decision that can make a big difference in shaping your future. An MBA (Masters of Business Administration), is for you if you are a manager with basic management skills and can imagine yourself as the future CEO of an enterprise.

This sphere is becoming increasingly popular. This domain has been in the forefront of the financial world for decades. Do you plan to study MBA in Mumbai, India’s financial capital? Are you looking for the Best MBA Schools in Mumbai?

We’ve compiled a list of top MBA colleges in Mumbai, along with their fee structure and placements.

Top MBA colleges in Mumbai with Best Placement

Return on Investment or ROI of MBA colleges in Mumbai is the value for money derived from the course from a college. ROI can be calculated using the course fee and the average placement package of the college. The course fee is the investment made by the student and the average annual package is the predicted return from the investment made. IIT Bombay and SPJIMR are considered the top MBA colleges in Mumbai RoI-wise. The table below mentions the top-ranked MBA colleges that provide the best ROI.

Name of the CollegeCourse Fee (in INR)Average Annual Package (In INR)
Shailesh J. Mehta School of Management, IIT Bombay8.67 L21.96 LPA
Prin. L. N. Welingkar Institute of Management Development and Research – Online Distance Learning Center17.25 K8.61 LPA
SPJIMR, Mumbai17.5 L19.5 LPA
National Institute of Industrial Engineering12.53 L10.88 LPA
Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS University, Mumbai20.87 L15 LPA


People Also Ask 

1Q. What specializations are offered at Mumbai’s MBA colleges?

Ans. These are the top 7 MBA specializations in Mumbai.

  • Operation
  • Entrepreneurship
  • Finance
  • Sales and Marketing
  • Business Economics
  • Family Business
  • Human Resources

2Q. Based on placements, which college is the best for MBA in Mumbai?

Ans. Based on placements, these are the top 5 MBA schools in Mumbai

3Q. What are the job opportunities after you have completed your MBA?

Ans.Companies offer a variety of job opportunities to MBA graduates, including:

  • Financial Manager
  • Marketing Manager
  • Sales Manager
  • Manager of Human Resources
  • Operation Manager
  • Product Manager
  • Data Analytics Manager
  • Digital Marketing Manager
  • Advertising Sales Manager
  • NGO Manager
4Q. What’s the cost to study MBA in Mumbai?

Ans.An MBA program in Mumbai can be expensive. Approximately 83 percent of colleges charge fees that exceed INR 5 lakhs. These colleges include:

  • NITIE Mumbai
  • SJMSOM, IIT Bombay
  • SPJIMR, Mumbai
  • KJ Somaiya Institute of Management in Mumbai
  • NMIMS Mumbai

5Q. What are the most popular exams to get a MBA in Mumbai?

Ans.Mumbai accepts the following exams for MBA admissions: CAT, GMAT and XAT.

6Q. Do you need work experience to get into top MBA schools in Mumbai?

Ans.A bachelor’s degree without work experience is always an advantage. MBA admissions in Mumbai are not contingent on work experience. Work experience may be considered in some colleges.

7Q. How many MBA schools in Mumbai were ranked by NIRF 2021?

Ans. Mumbai boasts more than 190 MBA schools. Sixteen colleges were ranked in the NIRF 2021 survey out of all the MBA schools in Mumbai.

Best MBA Colleges in Mumbai Placements Wise

Mumbai is the epicenter of management education, technical education, and related fields. The primary goal of the institute’s placement cell is to bridge the gap between the corporate industry’s competitiveness and the brilliants present in the college. The average annual salary provided by recruiters in Mumbai MBA institutions is 17-18 lakhs.

MBA graduates can develop their management talents and know-how to effectively demonstrate their expertise with adequate training and support. The purpose of placement executives is to review job descriptions and job advertisements. Universities are linked with various companies in order to meet 100% placement objectives. Universities assist students in becoming industry-ready.

MBA

The MBA program covers all aspects of management, including accounting, marketing, finance, strategy/frameworks, human resources, organisational behavior, leadership, information technology, and more. This curriculum is intended to give you the opportunity to expand your knowledge, create opportunities for practical work (internships and research, projects & workshops), to increase both hard and soft skills, as well as open up new career possibilities.

Growing Demand for MBAs

  • Over the years, management education has seen a rapid increase in demand. It is clear that the MBA is the most sought-after degree in the country. The latest QUACQUARELLI SYSMONDS (QS), survey found that India saw a 10% increase in the number of new management graduates from the Asia-Pacific region. A major increase was also noted in the salaries.
  • The wide range of career opportunities and perks such as high salaries and great designations, among others. More students are looking for a MBA to help them achieve their goals. Globally, there is a greater demand for managerial talent. Leading MNCs and niche consulting firms are looking for brilliant minds with MBA credentials.

MBA Options in India VS Abroad

  • The academic rigor and basic format of the highly regarded B-Schools around the world follow a more or less similar pattern. There are however some significant differences between Indian and overseas programs. Although good MBA programs are generally expensive, they are often more expensive and require you to borrow a lot.
  • A 2-year Indian MBA program is available, while one at a foreign university takes only half as long (1 year). There are also differences in the admission process. Entrance exams such as SNAP, XAT and IIFT must be passed by applicants. To be accepted into a top-tier college or university in India, you must pass the entrance exams with flying colors. To obtain a degree at a foreign university, however, you will need a high GRE score and GMAT score, as well as a stellar academic record.
  • A foreign MBA is a great option for those who are interested in a job abroad. It helps you understand international business concepts. There are many other benefits, such as a diverse student population and endless networking opportunities. The most important difference is the pay packages. Due to the Indian rupee’s depreciating, the post-degree salary for a foreign MBA is likely to be higher than that of its Indian counterpart.

Types of MBA

Many options are available to study for an MBA in India. There are two options for an MBA education in India. One is the traditional two-year program. The other option is a part-time or executive MBA program. Let’s take a look at the different types of courses and see what they offer.

Full-time MBA The most sought-after program is a full-time MBA. This is why it is often recommended for new graduates. This program is also a preferred option for candidates who have worked in the field and are looking to change careers. The regular MBA requires complete attendance and consists of a detailed syllabus. As such, aspirants can’t take on a job while they study.

Part-Time MBA Part-time programs are ideal for professionals who work. The classes are only held on weekends and weekday evenings so that you can earn the degree while working full-time.

Executive MBA Executive MBA is the third option. This program is for managers with more than 8-10 years of managerial experience. Although it is more flexible than the 2-year program, this program requires extensive study. Aspirants will need to take in extra study (10-20 hours) each week.

List of 10 Best MBA Colleges in Mumbai | Best Placement College in Mumbai for MBA 

1. Jamnalal Bajaj Institute of Management Studies

The Jamnalal Bajaj Institute of Management Studies (JBIMS), founded after the famed businessman and philanthropist Jamnalal Bajaj, is one of Mumbai’s best MBA colleges. It is one of Mumbai’s pioneering institutions, founded in 1965 by the University of Mumbai in collaboration with Stanford University. JBIMS, often known as a ‘CEO’s factory,’ has a strong alumni network that serves as a source of motivation for students.

Placement JBIMS placements are on par with those of India’s premier IIMs. The whole class of 130 students landed incredibly rewarding employment for the 2016-2018 school year. The maximum annual pay given was 30 lakhs, while the average compensation was 18.91 lakhs.

The campus placements were attended by 69 firms. Top recruiters included BFSI, FMCG, and pharmaceuticals. Manufacturing, Telecom, Auto, Conglomerates, Consulting, E-commerce, and the IT area also had some fantastic career opportunities.

2. SP Jain Institute of Management & Research

The SP Jain Institute of Management and Research (SPJIMR) is a well-known name in management education. By 1994-1995, the private-run institution had risen to the coveted list of India’s top 10 business schools, a position it has held ever since. SPJIMR is known for its distinctive pedagogical style, innovative programs, and emphasis on values. The college’s placement in the center of the financial capital facilitates industry exposure.

Placements The college’s recruitment campaigns are superb, with plenty of career opportunities. The average starting pay for the Class of 2018 was Rs.21.25 lakh, up from Rs.20 lakh the year before. A large portion of the cohort received offers in excess of Rs.17 lakh. Boston Consulting Group, HUL, Amazon, GE, Axis Bank, Tata Administrative Services, P&G, Axis Bank, and AstraZeneca were among the top recruiters.

3. Narsee Monjee Institute of Management Studies

NMIMS was founded as part of Mumbai University in 1981 and was granted Deemed University status by the Government of India in 2003. For students pursuing an MBA, the college is a popular educational option. NMIMS has established an amazing reputation in just 36 years. It is among the top ten business schools in the country. Another feather in its cap is an A grade rating and NAAC certification with a 3.59 CGPA. Because of its advantageous position in the financial capital, NMIMS has maintained close links with industry, high-profile MNCs, and prominent personalities.

Placements This season, NMIMS had a significant success in terms of final placements. The highest income earned by the class of 2018 (HR) was Rs.18 lakh per year, with an average pay of roughly 14 lakh.

Approximately 46% of the batch acquired PPOs and PPIs. Among those that visited the campus were Goldman Sachs, GE, Microsoft, ITC, L’Oreal, Asian Paints, HUL, Deloitte, ICICI, Flipkart, and Aditya Birla Group. Jumbo Electronics and Square Yards both provided international placements.

4. National Institute of Industrial Engineering

NITIE, founded in 1963, is one of the country’s premier business schools. It is widely regarded as the “Mecca of Supply Chain” and is one of the most prestigious universities for pursuing a career in Supply Chain & Operational management. NITIE has a large alumni base comprised of accomplished professionals and start-up entrepreneurs, with a heritage of more than 50 years in the industry. There’s even more! The Ministry of HRD has named NITIE one of the top 15 centers of excellence, with IISC, 6 IIMs, and 7 IITs.

Placements NITIE has an excellent placement record. In the recent recruitment drive, the entire batch of 2018 bagged good jobs. The highest domestic salary was Rs.46.50 per annum while the average pay package stood at Rs.18.45.

 The college hosted 132 niche companies from various domains like industries, manufacturing BSFI, IT, consulting, and FMCG. Some of the top recruiters included Accenture, Amazon, Yes Bank, Colgate, Deloitte, KPMG, Nestle, Hindustan Unilever, P&G, Marico, and Price Waterhouse Cooper amongst others.

5. K.J. Somaiya Institute of Management

The private-run institution, founded in 1981 as part of Somaiya Vidyavihar, has emerged as one of Mumbai’s best MBA institutes. It has produced excellent managers who hold important positions in a variety of sectors all across the world. Set on 60 acres, the medium-sized campus is stunning, full with greenery, trees, gardens, and world-class infrastructure. SIMSR was named a ‘Super League 2 B-School’ for the second time in a row by Business Standard (2015, 2016 & 2017). It was also ranked 10th among Private B-Schools by Education World in 2017. Bureau Veritas has also certified the company with ISO 9001:2008 and ISO 29990:2010.

Placements SIMSR has a strong track record of placements. The campus Training & Placement Cell (TPC) assists students in obtaining lucrative employment and internships. In 2017-18, the institution had a successful placement season, with 175 firms from various industries participating. The highest annual compensation was Rs.30.00 lakh, and the average was Rs.9.87 lakh.

6. Sydenham Institute of Management | MBA College in Mumbai

SIMSREE, a top MBA College in Navi Mumbai, was founded in 1983 and offers academic excellence. In its more than 30 years of existence, the college that lives by the phrase “Work conquers everything” has shown amazing development in this competitive arena and is acclaimed for its efforts. SIMSREE’s strong business linkage, prominent alumni base, rating among the best MBA institutions in Mumbai, and awards/certifications demonstrate its dedication to providing a complete and fulfilling learning experience.

Placements The Placement Committee is in charge of the recruiting process (a student body). The Committee is resourceful and goes above and beyond to link students with large corporations in order to help them obtain lucrative employment and internships. The MBA college has an outstanding year-over-year (100 percent) placement record

7. Tata Institute of Social Science

It comes as no surprise that TISS has been named one of the top ten MBA institutes in Mumbai. TISS, founded in 1936 as the Sir Dorabji Tata Graduate School of Social Work, has a spotless reputation and a long record of academic distinction in the field of education. TISS’s knowledge-based MBA programs are among the best in the world. They are meticulously intended to train young brains with leadership abilities for the difficulties of the modern commercial world.

Placements A TISS degree is undoubtedly advantageous. You will almost certainly obtain a decent managerial position with a good salary. The placement cell is incredibly resourceful, and it is controlled by the student body with excellent advice from the teachers. It arranges seminars and conferences to bring together notable persons and students for interaction on the same platform.

TISS had a fantastic placement season across its MBA program. In 2018, the highest salary was Rs.27 lakh, while the average was Rs.18.77 lakh. Among the many popular recruiters are Bajaj Auto, L&T, HUL, Reliance Industries, Citi Bank, Accenture, Ola, and Cipla.

8. L.N. Welingkar Institute of Management Development

Welingkar Institute of Management Development (WeSchool) is frequently ranked among the top 30 educational institutions in India. It was founded in 1977 and is part of the prestigious Shikshana Prasaraka Mandali, which includes 43 institutions. The institution focuses on providing students with the necessary skills and information to thrive in today’s ever-changing business world. WeSchool has a broad number of accomplishments to its name. The “AICTE-CII National Award for Best College for Industry College Linkage 2015” is the most recent.

Placements The Career Management Center (CMC) is critical in assisting students in making informed job decisions. It hosts seminars and job fairs to facilitate relationships between students and potential employers. The placements are adequate.

The biggest package for 2017 was 13.5 lakhs (domestic), with an annual average of roughly 7-8 lakhs. Many students have been placed by companies such as KPMG, JK Industries, HDFC Bank, NDTV, Asian Paints, UBS Bank, Crisil, Big FM, ITC Group, UB Group, and HCL Technologies.

9. Shailesh J.Mehta School of Management |MBA College in Mumbai

Another popular choice for prospective managers in Mumbai is the Shailesh J. Mehta School of Management. The institution, which first opened its doors in 1995, is part of the Indian College of Technology, Bombay (IITB). Despite being a relatively recent player in this field, it has established an outstanding reputation for generating exceptional management skills. Furthermore, the SJMSOM campus is stunning, with world-class facilities, exceptional teachers, small batches, a strong alumni network, and much more. The school was ranked fifth in the National Institutional Ranking Framework Management (2018) and sixteenth in Outlook India’s Top 100 Management Schools poll (2017).

Placements With each passing year, the recruiting situation at SJMSOM improves. Students are receiving nice packages from specialist firms in a variety of categories. The average income for the 2018 batch was roughly Rs.17.00 lakhs, with a maximum salary of Rs.28 lakhs per year granted. SAP, Siemens, Whirlpool, P&G, Nestle, Asian Paints, Mondelez, J&J, and other renowned recruiters have visited the campus.

10. SIES College of Management Studies

This is another popular option for those looking for a top-tier MBA institution in Mumbai. The institution was founded in 1995 with the goal of preparing the next generation of business leaders with management and analytical abilities for future success. The institution is ranked among the top MBA colleges in Mumbai because to its prominent teachers, cutting-edge facilities, tight links with industry leaders, and good academics. SIESCOMS also has various national and international accreditations to its name.

Placements The college’s placement record is quite high, with over 70-75 percent of students receiving good pay packages. The recruiting committee works hard to assist students find high-paying careers in appropriate fields. The current season, which included 130 specialty enterprises, was outstanding. The highest pay awarded to the 2018 batch was Rs.17.50 lakh per annum, with an average of Rs.6.81 lakh.

below we have Mentioned all the details following MBA colleges in Mumbai without entrance exam |  List of Government MBA colleges in Mumbai with fees structure | Top 100 MBA colleges in Mumbai | and Direct exam, etc. 

Q. Is Mumbai Good for MBA?

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

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.

Q. Which MBA college gives best placement in Mumbai?

The top 5 MBA colleges in Mumbai based on placements are

  • the 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 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 CollegeFees
School of Inspired Leadership – SOIL, GurgaonINR 12,50,000-16,50,000
Regenesys Institute of Management MumbaiINR 16,00,000
Amity Global B-school School (Amity University) in Delhi NCR, Bangalore, Pune, Mumbai and many other locationsINR 3,75,000-7,00,000
CII School of Logistics, Amity University, NoidaINR 8,61,000
Birla Global University, BhubaneswarINR 7,50,000
UPES School of Business, UPES University, DehradunINR 13,34,000
O P Jindal Global UniversityINR 11,00,000
School of Management and Entrepreneurship, Shiv Nadar University, Greater NoidaINR 10,000,00
GIBS BangaloreINR 5,50,000
IIBS BangaloreINR 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)

Top 10 Government MBA Colleges in Mumbai

MBA is the most prestigious and lucrative degree being offered in India. Admission to the course is carried out by various Entrance Exams and exams are structured so as to access the ability of the candidates.

Get the list of the best 50 private / government MBA colleges in India based on placement, Academic excellence, Infrastructure, education, faculty, intellectual capital, and so on.

Here is the list of top colleges of government for MBA applicants. These are the prestigious colleges in India. Since MBA is one of the most coveted courses in India, return on investment always remains a big attraction and proves to be substantial. Though MBA gives you a launchpad in the corporate world the price paid for it sometimes might not suit your pocket. Here are some top-tier 1 Government MBA colleges that provide the best ROI in the country.

MBA Government colleges in Mumbai offer top-quality MBA advice with high-game strategies for growing and sustaining within the business world. MBA has consistently been referred to like a saw, bringing the possibility of stopping the ladder of climbing to the top of the corporate ladder. It is regarded as unique among other major decisions made by the students of the board after graduation.

If you’re looking to have greater flexibility following the completion of your degree and are hoping to acquire abilities that employers will appreciate seeking your MBA degree will be the best choice. It provides the skills that you can use to fill the role of a manager or enter the market or simply grow in your career. In this blog, we’ll discuss everything you need to be aware of when pursuing an MBA at a government college!

The top MBA institutions in Mumbai provide MBA along with PGDM (Postgraduate Certificate in Management) via Offline, Online, and Distance learning mode. Mumbai is often referred to as the “City of Dreams” or the “Finance Capital of India” is home to more than 260 of the top MBA schools in India. There are 57 MBA institutions in Mumbai that are endorsed by AICTE and 17 are accredited by UGC. The top MBA school in Mumbai provides MBA with different specializations ranging from Marketing and Finance up to Supply Chain Management and Urban Planning.

  • Of the total 262 MBA colleges in Mumbai, Around 106 are private, and 11 are MBA government-run colleges in Mumbai.
  • Indian Institute of Technology – [IITIIT Bombay, National Institute of Industrial Engineering, Mumbai, and S. P. Jain Institute of Management & Research are placed at 10, 12, and 19 respectively in NIRF The ranking for 2021.
  • Shailesh J. Mehta School of Management SJMSOM, SPJIMR, IIT Bombay, SBM NMIMS are some of the most prestigious colleges to study MBA located in Mumbai.
  • MBA admissions to the best MBA colleges in Mumbai are usually made by taking an entrance exam known as the CAT. But many colleges will take other entrance examinations for management scores, such as NMAT, MAT CMAT, ATMA, MAH CET, GMAT and GRE..
  • IHM Mumbai, Bharati Vidyapeeth College of Hotel and Tourism Management Studies [BVCHTMSThe IHM Mumbai, Bharati Vidyapeeth College of Hospital and Tourism Navi Mumbai ITM Institute of Hotel Management ITM Institute of Hotel Management Mumbai are among the best Hotel Management Colleges in Mumbai.
  • The fees for taking MBA or PGDM courses at the top MBA schools in Mumbai vary from INR 500,00 to 30 Lakhs per year , depending on the college.
  • A few of the best MBA institutions in Mumbai charge lower than INR 60,000. These include K. C. College of Management Studies [KCCMS Mumbai, ISMS Mumbai, ISMS Mumbai, Mumbai University, and KJSCCETR Mumbai.
  • The top MBA schools in India provide lucrative opportunities for placement with attractive packages and high ROI. The average CTC is priced at 18-30 LPA.
  • Accenture, Amazon, Axis Bank, HCL, HDFC, etc. are among the top firms that take part in programs for placement offered by the best MBA schools in Mumbai.
  • SJMSOM Mumbai, SPJIMR Mumbai, and SBM NMIMS Mumbai are the most prestigious colleges in Mumbai to study MBA in Finance. They are also ranked among the 10 best MBA schools in Mumbai.

Top 10 MBA Colleges in Mumbai

Tabulated below is the list of top MBA colleges in Mumbai along with their fees structure.

College NameAverage Fees(INR)
SPJIMR, Mumbai17,50,000
NMIMS, Mumbai19,76,000
NITIE Mumbai12,53,000
JBIMS Mumbai6,00,000
K J Somaiya Institute of Management, Mumbai14,94,000
SIES, Mumbai7,20,000
SIMSREE, Mumbai1,46,000
IESMCRC, Mumbai6,00,000
Chetana’s Institute of Management and Research6,60,000
SDA Bocconi Asia Center, Mumbai18,60,000


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 InstitutionEntrance Exam AcceptedFees
Shailesh J. Mehta School of Management, IIT BombayCAT₹8.27 L – 15.21
National Institute of Industrial EngineeringCAT, GATENot Prescribed
S.P. Jain Institute of Management and ResearchCAT, GMAT₹17.5 L
Sydenham Institute of Management Studies Research and Entrepreneurship EducationCMAT, CAT₹69 K
ITM Business SchoolMAH CET, CMAT, CAT₹10.45 L
SDA Bocconi Asia CenterCAT/NMAT₹18.6 L
Xavier Institute of Management and ResearchMAH CET, CMAT₹5.2 L
JBIMS – Jamnalal Bajaj Institute of Management Studies₹7 L
VIT – Vidyalankar Institute of TechnologyMAH CET, CMAT₹3.07 L
School of Management, D.Y. Patil UniversityCAT/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 NameFees (In Rs lakhs)
SIMSREE Mumbai: Sydenham Institute of Management Studies And Research And Entrepreneurship Education1.36
BVIMSR Mumbai: Bharati Vidyapeeth`s Institute of Management Studies & Research4.9

Frequently Asked Questions

1. How many MBA colleges are there in Mumbai?

Ans. 172 MBA Colleges in Mumbai (All)

2. 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)
3. What is the fees of MBA in Mumbai colleges?

Ans. MBA Colleges in Mumbai

MBA college in MumbaiFee for 2 year MMS/MBA/PGDM (Rs. In lakhs)
SPJIMR, Mumbai17.5
NMIMS, Mumbai19.76
NITIE Mumbai12.53
JBIMS Mumbai6
4. 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

5. Which MBA gives highest salary?

Ans. Top 5 Highest-Paying MBA Concentrations

  1. Management.
  2. Entrepreneurship.
  3. Finance.
  4. Marketing.
  5. Information Technology.

6. What is the monthly income of MBA?

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

SpecializationAverage Salary (LPA) Range
MBA in MarketingINR 7,82,000 7L-25L
MBA in Digital MarketingINR 5,50,000 5L-25L
MBA in FinanceINR 7,30,000 7L-22L
MBA in HRINR 5,20,000 5L-8L
7. 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.

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/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.

9. 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 SpecializationAverage Salary
MBA Information TechnologyINR 10K- 6 LPA
MBA Logistics ManagementINR 6.25- 8.50 LPA
MBA in FinanceINR 2- 14.70 LPA
MBA in HRINR 4.50- 15.50 LPA

10. 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.

11. 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.

Related Videos

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:

People Also Ask 

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

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

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

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

Q3. 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.

Q4. 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 more. The 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 NamePart-time MBA program
Duration of the course2 Years
LevelPost Graduate/ Masters
EligibilityCandidates should have passed their graduation with an average of 45% marks from a recognized board or University.
Admission ProcessOnline / Offline
Fee StructureThe Fee for distance MBA in projects ranges from INR 20000 – INR 40000 / Year. Also, it varies according to the university.
Approved ByUGC / DEB

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

Mumbai, India’s financial capital, is home to some of the most prestigious management schools in the country. Maharashtra’s capital is a popular choice for students looking to pursue their dreams. The city boasts a large number of corporations.

Best Part time MBA Colleges in Navi Mumbai’s fast-paced business environment. Part-time MBA allows you to earn a master’s degree in business administration while still working. Part-time MBA in India is the perfect degree program for working professionals who live in major cities.

Mumbai has more than 37 colleges that offer Part-Time MBA. Some colleges also offer part-time PGDM, which is the same as Part-time MBA. There are four government colleges among the 37 colleges. The rest are private intuitions. Let’s look at the blog to learn more about part-time MBA schools.

Best Part time MBA Colleges in Navi Mumbai Eligibility Criteria

The eligibility criteria of Best Part time MBA Colleges in Navi Mumbai from College to College. Some institutions and colleges accept the results of several MBA tests such as CATMATXATCMAT, MAH CATNMAT, and so on, while others allow direct admission.

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

  1. A graduate of a recognized university in any discipline is required.
  2. A graduation grade point average of at least 50% is required.
  3. 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

Part-time MBA fees in Mumbai start at 1 lac and can reach 5 lacs. A Regular MBA will often cost more than a Part-Time MBA. Government colleges charge lower tuition than private institutions. A part-time MBA program is quite reasonable, and you may save a lot of money by applying for it.

Specializations of Best Part time MBA Colleges in Navi Mumbai

When it comes to management courses at whatever level, there is one apparent benefit that is shared by all: the availability of specialties in these programs. The part-time MBA program offers a number of specialties.

Part-time MBA is a unique course and one of the most prevalent management courses offered as part of a graduate degree. It is not required for all specialties to be accessible in part-time MBA programs offered by all universities.

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.

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 NameAverage Fees(INR)
SPJIMR, Mumbai17,50,000
NMIMS, Mumbai19,76,000
NITIE Mumbai12,53,000
JBIMS Mumbai6,00,000
K J Somaiya Institute of Management, Mumbai14,94,000
SIES, Mumbai7,20,000
SIMSREE, Mumbai1,46,000
IESMCRC, Mumbai6,00,000
Chetana’s Institute of Management and Research6,60,000
SDA Bocconi Asia Center, Mumbai18,60,000

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 CollegeAverage Annual Fees
Shailesh J. Mehta School of Management, IIT Bombay – [SJMSOM], MumbaiINR 6,91,000
National Institute of Industrial Engineering – [NITIE], MumbaiINR 7,03,000
IIT Bombay – Indian Institute of Technology – [IITB], MumbaiINR 50,400
Mumbai University – [MU], MumbaiINR 55,000
Shreemati Nathibai Damodar Thackersey Women’s University – [SNDT], MumbaiINR 1,00,905
Hansraj Jivandas College of Education, MumbaiINR 6,600
Thakur Institute of Management Studies and Research – [TIMSR] MumbaiINR 63,791
Vikas Night College of Arts Science and Commerce, Mumbai
Thakur Global Business School – [TGBS], MumbaiINR 4,80,000
Sasmira The Synthetic and Art Silk Mills Research Association – [SASMIRA], MumbaiINR 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 NameIndia 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 InstitutionEntrance Exam AcceptedFees
Shailesh J. Mehta School of Management, IIT BombayCAT₹8.27 L – 15.21
National Institute of Industrial EngineeringCAT, GATENot Prescribed
S.P. Jain Institute of Management and ResearchCAT, GMAT₹17.5 L
Sydenham Institute of Management Studies Research and Entrepreneurship EducationCMAT, CAT₹69 K
ITM Business SchoolMAH CET, CMAT, CAT₹10.45 L
SDA Bocconi Asia CenterCAT/NMAT₹18.6 L
Xavier Institute of Management and ResearchMAH CET, CMAT₹5.2 L
JBIMS – Jamnalal Bajaj Institute of Management Studies₹7 L
VIT – Vidyalankar Institute of TechnologyMAH CET, CMAT₹3.07 L
School of Management, D.Y. Patil UniversityCAT/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 NameFees (In Rs lakhs)
SIMSREE Mumbai: Sydenham Institute of Management Studies And Research And Entrepreneurship Education1.36
BVIMSR Mumbai: Bharati Vidyapeeth`s Institute of Management Studies & Research4.9

MBA Colleges in Mumbai without Entrance Exam

List of MBA colleges in Mumbai where entrance exam scores are not mandatory:

Institute NameCourse OfferedFees (INR)
A.C Patil College of Engineering (ACPEC)MBA1.82 Lakh
Aditya Institute of Management Study and ResearchMBA/MMS7.60 Lakh
Amity Global Business School AGBS MumbaiMBA6.24 Lakh
Amity University (AU Mumbai)MBA/MMS7.44 Lakh
Anjuman-I-Islams Allana Institute of Management Study(AIAIMS)MBA/MMS1.20 Lakh
Aruna Manharlal Shah Institute of Management and Research (AMSIMR)MBA3.0 Lakh
Atharva Institute of Management studiesMBA7.68 Lakh
Athena School of ManagementMBA/MMS12.0 Lakh
BVIMSRMBA/MMS4.59 Lakh
Chetana’s Institute of Management and Research(CMIR)MBA/MMS7.50 Lakh

Frequently Asked Questions

Q1. Which institute is best for part time MBA?

Ans. Top Part-Time MBA Colleges

Name of the InstituteName of the CourseFull Fees
NMIMS Mumbai (School of Business Management)MBARs. 4.75 lakh
K J Somaiya Institute of Management & Research, MumbaiMBARs. 2.48 lakh
JBIMS MumbaiMBARs. 1.53 lakh
IMT GhaziabadPGDMRs. 6 lakh

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

Ans. Top 7 Part-Time MBA Colleges in Mumbai

Q3. Which MBA college is best with low fees?

Ans. Register now for latest MBA Exam & Admissions Updates

Top MBA college with Low FeesProgramme Fee
SIMSREE, MumbaiRs. 1,36,000
Jamna Lal Bajaj Institute of Management studies (JBIMS)Rs. 6,00,000
BITS PilaniRs. 9,00,00
UBS Chandigarh-Panjab UniversityRs. 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

  1. Management.
  2. Entrepreneurship.
  3. Finance.
  4. Marketing.
  5. 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

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 NamePart-time MBA program
Duration of the course2 Years
LevelPost Graduate/ Masters
EligibilityCandidates should have passed their graduation with an average of 45% marks from a recognized board or University.
Admission ProcessOnline / Offline
Fee StructureThe Fee for distance MBA in projects ranges from INR 20000 – INR 40000 / Year. Also, it varies according to the university.
Approved ByUGC / DEB

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

Mumbai, India’s financial capital, is home to some of the most prestigious management schools in the country. Maharashtra’s capital is a popular choice for students looking to pursue their dreams. The city boasts a large number of corporations.

Best Part time MBA Colleges in Navi Mumbai’s fast-paced business environment. Part-time MBA allows you to earn a master’s degree in business administration while still working. Part-time MBA in India is the perfect degree program for working professionals who live in major cities.

Mumbai has more than 37 colleges that offer Part-Time MBA. Some colleges also offer part-time PGDM, which is the same as Part-time MBA. There are four government colleges among the 37 colleges. The rest are private intuitions. Let’s look at the blog to learn more about part-time MBA schools.

Best Part time MBA Colleges in Navi Mumbai Eligibility Criteria

The eligibility criteria of Best Part time MBA Colleges in Navi Mumbai from College to College. Some institutions and colleges accept the results of several MBA tests such as CAT, MAT, XAT, CMAT, MAH CAT, NMAT, and so on, while others allow direct admission.

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

  1. A graduate of a recognized university in any discipline is required.
  2. A graduation grade point average of at least 50% is required.
  3. 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

Part-time MBA fees in Mumbai start at 1 lac and can reach 5 lacs. A Regular MBA will often cost more than a Part-Time MBA. Government colleges charge lower tuition than private institutions. A part-time MBA program is quite reasonable, and you may save a lot of money by applying for it.

Specializations of Best Part time MBA Colleges in Navi Mumbai

When it comes to management courses at whatever level, there is one apparent benefit that is shared by all: the availability of specialties in these programs. The part-time MBA program offers a number of specialties.

Part-time MBA is a unique course and one of the most prevalent management courses offered as part of a graduate degree. It is not required for all specialties to be accessible in part-time MBA programs offered by all universities.

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.

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 NameAverage Fees(INR)
SPJIMR, Mumbai17,50,000
NMIMS, Mumbai19,76,000
NITIE Mumbai12,53,000
JBIMS Mumbai6,00,000
K J Somaiya Institute of Management, Mumbai14,94,000
SIES, Mumbai7,20,000
SIMSREE, Mumbai1,46,000
IESMCRC, Mumbai6,00,000
Chetana’s Institute of Management and Research6,60,000
SDA Bocconi Asia Center, Mumbai18,60,000

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 CollegeAverage Annual Fees
Shailesh J. Mehta School of Management, IIT Bombay – [SJMSOM], MumbaiINR 6,91,000
National Institute of Industrial Engineering – [NITIE], MumbaiINR 7,03,000
IIT Bombay – Indian Institute of Technology – [IITB], MumbaiINR 50,400
Mumbai University – [MU], MumbaiINR 55,000
Shreemati Nathibai Damodar Thackersey Women’s University – [SNDT], MumbaiINR 1,00,905
Hansraj Jivandas College of Education, MumbaiINR 6,600
Thakur Institute of Management Studies and Research – [TIMSR] MumbaiINR 63,791
Vikas Night College of Arts Science and Commerce, Mumbai
Thakur Global Business School – [TGBS], MumbaiINR 4,80,000
Sasmira The Synthetic and Art Silk Mills Research Association – [SASMIRA], MumbaiINR 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 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 NameIndia 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 InstitutionEntrance Exam AcceptedFees
Shailesh J. Mehta School of Management, IIT BombayCAT₹8.27 L – 15.21
National Institute of Industrial EngineeringCAT, GATENot Prescribed
S.P. Jain Institute of Management and ResearchCAT, GMAT₹17.5 L
Sydenham Institute of Management Studies Research and Entrepreneurship EducationCMAT, CAT₹69 K
ITM Business SchoolMAH CET, CMAT, CAT₹10.45 L
SDA Bocconi Asia CenterCAT/NMAT₹18.6 L
Xavier Institute of Management and ResearchMAH CET, CMAT₹5.2 L
JBIMS – Jamnalal Bajaj Institute of Management Studies₹7 L
VIT – Vidyalankar Institute of TechnologyMAH CET, CMAT₹3.07 L
School of Management, D.Y. Patil UniversityCAT/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 NameFees (In Rs lakhs)
SIMSREE Mumbai: Sydenham Institute of Management Studies And Research And Entrepreneurship Education1.36
BVIMSR Mumbai: Bharati Vidyapeeth`s Institute of Management Studies & Research4.9

MBA colleges in mumbai without entrance exam.

list of MBA colleges in Mumbai where entrance exam scores are not mandatory:

Institute NameCourse OfferedFees (INR)
A.C Patil College of Engineering (ACPEC)MBA1.82 Lakh
Aditya Institute of Management Study and ResearchMBA/MMS7.60 Lakh
Amity Global Business School AGBS MumbaiMBA6.24 Lakh
Amity University (AU Mumbai)MBA/MMS7.44 Lakh
Anjuman-I-Islams Allana Institute of Management Study(AIAIMS)MBA/MMS1.20 Lakh
Aruna Manharlal Shah Institute of Management and Research (AMSIMR)MBA3.0 Lakh
Atharva Institute of Management studiesMBA7.68 Lakh
Athena School of ManagementMBA/MMS12.0 Lakh
BVIMSRMBA/MMS4.59 Lakh
Chetana’s Institute of Management and Research(CMIR)MBA/MMS7.50 Lakh

Frequently Asked Questions

Q1. Which institute is best for part time MBA?

Ans. Top Part-Time MBA Colleges

Name of the InstituteName of the CourseFull Fees
NMIMS Mumbai (School of Business Management)MBARs. 4.75 lakh
K J Somaiya Institute of Management & Research, MumbaiMBARs. 2.48 lakh
JBIMS MumbaiMBARs. 1.53 lakh
IMT GhaziabadPGDMRs. 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 FeesProgramme Fee
SIMSREE, MumbaiRs. 1,36,000
Jamna Lal Bajaj Institute of Management studies (JBIMS)Rs. 6,00,000
BITS PilaniRs. 9,00,00
UBS Chandigarh-Panjab UniversityRs. 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 MumbaiFee for 2 year MMS/MBA/PGDM (Rs. In lakhs)
SPJIMR, Mumbai17.5
NMIMS, Mumbai19.76
NITIE Mumbai12.53
JBIMS Mumbai6
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

  1. Management.
  2. Entrepreneurship.
  3. Finance.
  4. Marketing.
  5. 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.

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?

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.

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.

List of Top 10 MBBS Colleges in Mumbai 2022

List of Top 10 MBBS Colleges in Mumbai

Mumbai is situated on the west coast of India and is the home for many reputed colleges with standard education.

Mumbai education is most adored among the students all over India because of the wide accordance of degrees and certificates from Mumbai Colleges. There are over 10 colleges in Mumbai that require MBBS courses in the full-time mode of study, out of these around four colleges are private and three are government. 

Top 10 MBBS Colleges in Mumbai 2022 Highlight:-

ParametersParticulars
No. of MBBS colleges in MumbaiNearly 10 colleges in Mumbai
Fees– Annual fee < Rs 3-5 lakh: 25%
– Annual fee > Rs 5 lakh: 66%
Admission ProcessBased on NEET

MBBS or Bachelor of Medicine and Bachelor of Surgery is an undergraduate program for students who want to pursue their career as a doctor. Any student holding the degree becomes a certified medical practitioner. The duration of the MBBS course is five years and six months including one year of rotational internship at hospitals, health centers, and health camps organized by non-profit organizations (NGOs). The MBBS course entails the study of anatomy, pharmacology, pathology as well as community health & medicine, pediatrics, and surgery. 

Mumbai is dwelling to prestigious medical institutes to pursue MBBS courses such as KJ Somaiya Medical College and Research Centre, DY Patil University, Lokmanya Tilak Municipal Medical College, Seth Gordhandas Sunderdas Medical College, etc. The city has 16 general hospitals, five maternity homes, 26 specialty hospitals, 162 municipal dispensaries, and two health units. Therefore, there are ample opportunities for those who want to pursue MBBS from the Medical colleges in Mumbai.

Admission to all MBBS colleges in Mumbai is done based on 

NEET scores. 

List of 4 MBBS Colleges in Mumbai in 2022:-

  • Grant Medical Colleges:-

GMC Mumbai is a medical college affiliated with the Maharashtra University of Health Sciences. Grant Medical College Mumbai is a government college, birthed in 1945. GMC MUMBAI is ranked 11 by India Today 2021 for Medicine & Health Sciences. The college is approved by MCI and has an attached Sir J.J. Group of hospitals (including the other three attached hospitals) and a tertiary care center. Grant Medical College Mumbai assignsts UG, PG, and super-specialty courses across five streams namely Paramedical, Dental, Medical, Science, and Pharmacy to the students. The major highlights of Grant Medical College are given below:-

Establishment year1945
TypeGovernment
Campus Size44 acre
Recognised byMCI
Rankings (2021)-11 by India Today 2021 for Medicine & Health Sciences
-11 by The Week and 2021 for Medicine & Health Sciences
Flagship coursesMBBS, MD
Number of courses30
  • Seth GS Medical Colleges:-

GSMC Mumbai was inaugurated in 1926 and is affiliated with the Maharashtra University of Health Sciences. GSMC offers more than 50 courses under three streams, including Medicine & Health Sciences, Science, and Engineering. The top courses offered by the college are MBBS, BPT, MSc, MD. The college has more than 50 departments, including Dentistry, Neurology, but Nursing, Radiology, Social Service, and Endocrinology.

Year of Establishment1926
LocationMumbai
AffiliatedMaharashtra University of Health Science
Accepted ExamsNEET, NEET-PG, NEET SS
Number of Courses Offered50+ courses across 3 stream
  • Lokmanya Tilak Municipal Medical Colleges-

Lokmanya Tilak Municipal Medical College (LTMMC) is affiliated to Maharashtra University of Health Sciences (MUHS) Nashik. The college please both UG and PG programs along with Post-Doctoral degrees, viz. MBBS, BPT, BPMT, MD, MS, PG Diploma and M.Ch.

Name of the InstituteLokmanya Tilak Municipal Medical College (LTMMC)
Institute TypeGovernment
Basic Admission CriteriaEntrance-based
Application ModeOffline
Name of the EntranceNEET – MBBS
MHT CET – BPT and BPMT
NEET PG – MD and MS
NEET SS – M.Ch and DM
CounsellingYes
ScholarshipYes
  • Dr. DY Patil Medical College Hospital and Research Centre:-

Dr. DY Patil Medical College Hospital and Research Centre (DYPMC) was birthed in 1996 in Pune, Maharashtra. The college is affiliated to Dr. DY Patil Vidyapeeth, Pune. The college gives UG, PG and Doctoral degree courses viz. MBBS, MD, MS, PG Diploma, DM, M.CH, and Ph.D. in different disciplines of Medical Sciences.

Name of the CollegeDr. DY Patil Medical College Hospital and Research Centre (DYPMC)
College TypePrivate
Basic Admission CriteriaEntrance based
Application ModeOnline and offline
Name of the EntranceNEET/ NEET PG/ NEET SS Entrance Exam
Entrance ModeOffline and online
CounselingYes
Counseling DateAfter the declaration of results

Top MBBS Colleges in Mumbai Eligibility Criteria 2022:-

Here given below are the basic eligibility criteria of MBBS Colleges in Mumbai:-

  • Aspirants must have ratified Class 12 with 50 percent aggregate from a recognized board/institute with Physics, Chemistry, Biology/Biochemistry as the compulsory subjects.
  • The age of aspirants must be of minimum 17 years of age.
  • Aspirants must have a qualified NEET exam. 

Top MBBS Colleges in Mumbai Admission Process 2022:-

  • Admission to the MBBS courses is based on a national level examination, i.e. NEET
  • Aspirants can take admission to the MBBS colleges in Mumbai, after securing marks in the NEET examination. 
  • There is no other alternative for admission to MBBS colleges in Mumbai. 

Top 10 MBBS Colleges in Highlight 2022:-

The top MBBS colleges in Mumbai propose numerous medical courses like MBBS, BDS, BAMS, MS, MD, and many others in the field of medical Sciences, paramedical, and nursing. Mumbai is home to around 36 Medical colleges among which 24 are private and 9 are the best government medical colleges in Mumbai. The best MBBS colleges in Mumbai include TISS Mumbai and LTMMC Mumbai.

  • Padmashree Dr. D. Y. Patil Vidyapeeth Mumbai is esteemed as the best MBBS college in Mumbai and is ranked 41st by NIRF Ranking 2021 among the top MBBS colleges in India.
  • The top government MBBS colleges in Mumbai incorporate GSMC Mumbai, LTMMC, SJMSOM Mumbai, etc.  
  • Lokmanya Tilak Municipal Medical College Mumbai, TMC Mumbai and PDDYPU Mumbai are some of the best MBBS colleges in Mumbai.
  • Admissions 2022 into the top MBBS colleges in Mumbai are primarily based on the NEET 2022 scores followed by a GD/ PI round. 
  • The top private MBBS colleges in Mumbai include K.J. Somaiya Medical College & Research Centre and St. Xavier’s College, which are ranked among the top 10 MBBS colleges in Mumbai.
  • The average fees in the top MBBS colleges in Mumbai fluctuate depending on the college to college. 
  • Most of the top MBBS colleges in Mumbai are affiliated with MUHS Nashik and Mumbai University.
  •  Mumbai University is also considered as one of the best MBBS colleges in Mumbai with minimal fees.

List of Top 10 MBBS Colleges in Mumbai With Fees 2022:-

College NameAverage Annual Fees(INR)
Grant Medical College49,800
Seth GS Medical College, Mumbai67,230
Lokmanya Tilak Municipal Medical College, Mumbai44,335
Topiwala National Medical College, Mumbai27,000
Bombay Hospital Institute of Medical Science1,00,000
MGM Medical College95,000
St. Xavier’s College65,000
Padmashree Dr. D. Y. Patil Vidyapeeth5,50,000
K.J. Somaiya Medical College & Research Centre8,00,000
Homi Bhabha National Institute – [HBNI]30,000

Top MBBS Colleges in Mumbai Based on NIRF Ranking:-

  • Padmashree Dr. D. Y. Patil Vidyapeeth is the only medical college in Mumbai, which has ranked in NIRF 2021 among the Top 50 medical colleges in India.
  • The college has been ranked as the 41st best institute in India by NIRF 2021 ranking, with a score of 48.07.
NIRF Ranking 2021College NameNIRF Score
41Padmashree Dr. D. Y. Patil Vidyapeeth, Mumbai48.07

Top MBBS Colleges in Mumbai Based on the Week Ranking:-

The Week is an Indian news magazine published by Kochi and printed in Delhi, Mumbai, Bangalore, and Kottayam which performs a survey along with Hansa Research every year to list the top MBBS colleges in India. Here is the list of the top MBBS colleges in Mumbai documented by this collective survey. 

  • The Week has ranked Grant Medical College and Sir JJ Group of Hospitals as 11th in the top MBBS college in Mumbai and Seth Gordhandas Sunderdas Medical College as 12th on the list.
The Week Ranking 2021College Name
11Grant Medical College, Mumbai
12Seth Gordhandas Sunderdas Medical College and KEM Hospital, Mumbai

Top MBBS Colleges in Mumbai Based on Time 2021 Ranking

The Times Ranking is one of the trusted and well-reputed agencies. Here is the list of top MBBS colleges in Mumbai ranked by The Times Ranking 2021.     

The Times Ranking 2021College Name
11Grant Medical College, Mumbai
12Seth Gordhandas Sunderdas Medical College, and KEM Hospital, Mumbai
17Lokmanya Tilak Municipal Medical College – [LTMMC], Mumbai

Top MBBS Colleges in Mumbai Based on Outlook Ranking

The Outlook is the most popular journal in India, whose rankings are based on the research on various parameters transmitted down in partnership with Drshti Strategic Research Services.

Listed below is the ranking of the top MBBS colleges in Mumbai at Outlook Rankings:-

ProgrammeFeeIntake
2 year full-time PGDMRs.19,25,100240
2 years full-time PGDMHRMRs.19,25,10060
2 years full-time PGDM-B&FSRs.19,25,10060

Top MBBS Colleges in Mumbai Based on ROI:-

  • The return on Investment is a crucial parameter while evaluating the top medical colleges as ROI notifies us how profitable is the course the aspirants are choosing from their respective colleges. 
  • The ROI is an important parameter as it measures the ratio of the average annual fee and the average placement package. 
  • However, there are no such placement records in the medical field as all the students are placed in the hospitals of the institutions themselves. 
  • Hence, calculating ROI is not a crucial step here.

 Top Government MBBS colleges in Mumbai With Fees 2022:-

  • In the present times, Government MBBS Colleges are the preference of most of the medical aspirants, as they deliver MBBS Course at very low prices as compared to Private MBBS Colleges.  
  • Some of the top Government MBBS colleges in Mumbai are given below with their annual fees:-

The duration of course of study is 4 years, with 240 teaching days in each academic year, plus one year rotating internship in a dental college. Every candidate will be required, after passing the final BDS Examination, to undergo one year rotating internship in a dental college as detailed given in the annexure-I. The internship shall be compulsory and BDS Degree shall be granted after completion of one year paid Internship. 

Admission Process T0 The Dental Course:

A candidate shall be eligible for admission to the course of study for the first year of 

BDS Course provided:- 

(i) He/She has completed the age of 17 year on or before 31st December in the year of commencing the prescribed Academic Session of the said course. 

(ii) He/She has passed the qualifying examination under:- 

(a) The candidates should have passed the Senior Secondary board Examination under  10+2 system conducted by the C.B.S.E./council for the Indian School Certificate  Examination / Jamia Millia Islamia, New Delhi (Except Patrachar vidyalaya and Open  Schools) with required subjects i.e physics, chemistry, biology and English (Core). 

(b) The candidate should have studied both 11th and 12th standard from a recognized  school situated within the national council Territory of Delhi only, conducting regular  classes of 11th and 12th standard with required subjects of physics, chemistry, Biology  and English. 

(c) The candidate must have secured a minimum of 50% marks taken together in Physics, chemistry and biology, however, in respect of candidates belonging to Scheduled Castes, Scheduled Tribes, the marks obtained in Physics, chemistry and Biology taken together in qualifying examination be 40% instead of 50% as above and 45% marks in the case of Other Backward Classes (OBC). 

(d) Any other examination which in scope and standard is found to be equivalent to 10+2 system Examination of an Indian university / Board / foreign university conducting regular classes with regular subjects recognised by the university of Delhi are eligible for admission for the 15% quote (DGHS). 

(iii) The candidates for admission to BDS course shall be selected on the basis of competitive entrance Examination and admission will be made on merit basis. 

(iv) The admission to BDS course shall close on 30th September of the year.

Scheme Of Examination

The scheme of examination for B.D.S. Course shall be divided into 1st B.D.S. Examination at the end of the first academic year, 2nd B.D.S. examination at the end of second year, 3rd year B.D.S. examination at the end of third, and Final B.D.S. at the the end of my 4th year. 240 days minimum teaching in each academic year is mandatory. The examination shall be open to a candidate who satisfies the requirements of attendance, progress and other rules laid down by the University. University shall organise admission timing and admission process in such a way that Teaching starts from the 1st day of August in each academic year. 

I B.D.S. Examination 

  1. General Anatomy including embryology and histology 
  2. General human physiology and biochemistry 
  3. Dental Anatomy, Embryology and Oral Histology 

Any student who does not clear the first BDS University Examination in all subjects within 3 years from the date of admission, shall be discharged from the course. 

II B.D.S. Examination 

A Candidate who has not successfully completed the 1st BDS Examination can not appear in the II nd year Examination. 

  1. General pathology and Microbiology 
  2. General and Dental Pharmacology and Therapeutics 
  3. Dental Material 
  4. Preclinical Conservative Dentistry– Only 

Practical and Viva Voce 

  1. Pre clinical Prosthodontics – Only Practical and Viva Voce 

III B.D.S. Examination 

A candidate who has successfully completed the 2nd BDS examination can appear in IIIrd 

BDS Examination. 

  1. General Medicine 
  2. General Surgery 
  3. Oral Pathology and Oral Microbiology

BDS Private College Fees 

BDS is the most valuable and most likely course in India. Candidates who want to get admission in BDS private colleges are required to obtain this full information. So please check this information below:- 

College NameAverage Annual Fees
Seth GS Medical College, MumbaiINR 67,230
Lokmanya Tilak Municipal Medical College, MumbaiINR 44,335
Shailesh J. Mehta School of Management, IIT Bombay, MumbaiINR 35,000
Topiwala National Medical College, MumbaiINR 27,000
Bombay Hospital Institute of Medical Science, MumbaiINR 100,000
All India Institute of Physical Medicine and Rehabilitation, MumbaiINR 79,400
Grant Medical College and Sir J. J. Group of Hospitals, MumbaiNA
Mumbai University, MumbaiINR 44,000
Tata Memorial Centre, MumbaiINR 300,000
MGM Medical College, MumbaiINR 95,000

Top Private Mbbs Colleges in Mumbai With Fees 2022

  • Although, the fees structure in the top private MBBS colleges in India is comparatively higher than government colleges but these colleges offer better infrastructure, Research, Laboratory and other facilities. 
  • So, Private MBBS Colleges can be the preference of many students.
College NameAverage Annual Fees
K.J. Somaiya Medical College & Research Centre, MumbaiINR1,025,000
St. Xavier’s College, MumbaiINR 65,000
Narsee Monjee Institute of Management Studies, MumbaiINR 327,000
Tata Institute of Social Sciences, MumbaiINR 64,500
Garware Institute of Career Education and Development, MumbaiINR 60,000
K. C. College of Management Studies, MumbaiINR 50,000
Jaslok Hospital and Research Centre, MumbaiINR 125,000
Homi Bhabha National Institute, MumbaiINR 30,000
Ali Yavar Jung National Institute for The Hearing Handicapped, MumbaiINR 25,250
HBT Medical College & Dr. R.N. Cooper Municipal General Hospital, MumbaiINR 89,450

Top MBBS Colleges in Mumbai For MBBS 2022

MBBS is delivered to students based on a great NEET score. Some of the Top MBBS Colleges in Mumbai offering MBBS based on NEET are:

College NameAverage Annual Fees
Grant Medical College and Sir Jamshedjee Jeejeebhoy Group of Hospitals, MumbaiINR 2.49 Lakhs
Seth GS Medical College, MumbaiINR 3.99 Lakhs
Lokmanya Tilak Municipal Medical College, MumbaiINR 2 Lakhs
K J Somaiya Medical College and Research Centre, MumbaiINR 46.25 Lakhs
Terna Medical College, MumbaiINR 27 Lakhs
Padmashree Dr. DY Patil University, MumbaiINR 1.25 Crore

List of top 10 MBBS colleges in Maharashtra 2022

Top Private MBBS Colleges in Mumbai With Fees in 2022

College NameCourse Fee (in Rs)
KJ Somaiya Medical College46.13 L
Terna Medical College31.5 L
Padmashree Dr. D.Y. Patil Vidyapeeth1.16 Cr
MGM Institute of Health Sciences91 L

Top Government MBBS Colleges in Mumbai with Fees in 2022:-

College NameCourse Fee (in Rs)
Grant Medical College5.02 L
Topiwala National Medical College4.65 L

Top MBBS Colleges in Mumbai With Fees in 2022:-

RankCollege NameAnnual Fees (In INR)
1Grant Medical College and Sir Jamshedjee Jeejeebhoy Group of Hospitals2.49 Lakhs
2Seth GS Medical College3.99 Lakhs
3Lokmanya Tilak Municipal Medical College2 Lakhs
4Terna Medical College7 Lakhs
5K J Somaiya Medical College and Research Centre9.25 Lakhs
6Padmashree Dr DY Patil University25 Lakhs
7Topiwala National Medical College3.99 Lakh

Top Recruiters in MBBS Colleges in Mumbai:-

There are a substantial number of job opportunities for MBBS graduates in both the public and private sectors. Scholars can discover adequate jobs with a good pay scale in various Biomedical Companies, Health Centers, Hospitals, Laboratories, Nursing Homes, Polyclinics, etc. Some of the top recruiters for MBBS graduates from the MBBS colleges in Mumbai are:-

  • DNA Multi-speciality Hospital
  • Holy Spirit Hospital
  • Nanavati Super Speciality Hospital
  • Hinduja Hospital and Medical Research Centre
  • Tata Memorial Centre Hospital
  • Apollo Hospitals
  • Saint Elizabeth Hospital
  • Fortis Healthcare Private Limited
  • Medanta Hospitals

MBBS Colleges in Mumbai Accepted Entrance Exam 2022:-

All the government and private MBBS colleges in Mumbai admit students in the MBBS course based on the marks obtained in the NEET exam. The National Eligibility cum Entrance Test is the only entrance test for MBBS admissions in India. Students willing to take admission into Top MBBS colleges in Mumbai can either apply for it via MCC NEET counseling or Maharashtra NEET counseling for the admission process. 

List of Top 10 MBBS Colleges in Mumbai in 2022 Frequently Asked Questions

Ques1. Which are the best medical colleges in Mumbai?

Ans. Grant Medical College KJ Somaiya Medical College and Topiwala National Medical College are considered the best medical colleges in Mumbai.

Ques2. Does Grant Medical College provide any placements?

Ans. As this is a medical college you do not have a separate placement procedure, however you are expected to complete an year of mandatory internship. The clinical affiliate of the college is J.J. Group of hospitals.

Ques3. Is Grant Medical College approved?

Ans. Yes, the college has been approved by the Medical Council of India (MCI).

Ques4. Which is the best MBBS college in Mumbai in 2020?

Ans. Seth gs medical college, Mumbai

Grant medical college, Mumbai

These are the 2 best colleges of Maharashtra. For this you need to set a minimum target of 630 if you’re having a domicile of Maharashtra and if you are from other state then min 670 marks is required. 

Ques5. What are the minimum marks for the NEET to get into private MBBS colleges in Mumbai?

Ans. According to what I’ve observed, one should have at least 400+ marks to get even a private college. But if you have a state quota then it could be like around 380, I guess. You can check the ‘merit list’ and ‘students admitted list’ of colleges to get the proper information on this.

Ques6. Which MBBS colleges in Mumbai give separate rooms to students (no sharing)?

Ans. Grant Medical college gives girls separate rooms in the hostel.

Ques7. Which college in Mumbai is best for an MBBS?

Ans. According to me best college as

  • Seth gs medical college
  • Grant medical college (choice 2 only due to good extra curriculum and building status )
  • Topiwala medical college (good academic than grand but small size and low extra curriculum )
  • Lokmanya Tilak medical college (locality is not good but great number of patient and good academic too
Ques8. How would you rank the MBBS government colleges in Mumbai?

Ans. There is just one government college in Mumbai which is Grant medical college. The rest are under the Bombay municipal corporation. The difference is that grant medical college is affiliated with the JJ Hospital which acts as prime tertiary health care center for all the government hospitals in Maharashtra. Although the other hospitals also are good but spectrum of patients and cases one handles at JJ is definitely a bit greater than other colleges since it’s a government college and hospital.

Best Colleges in Mumbai for MBA in Finance

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.

ParametersParticulars
Number of MBA in Finance colleges in MumbaiNearly 80 colleges
Annual fees– Annual fees < INR 1 lakh: Approx. 1 per cent
– Annual fees > INR 5 lakh: Approx. 57 percent
Admission processEntrance-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.

People Also Ask for the Best MBA Colleges in Mumbai for Finance

Q. What are the Mumbai-based Best MBA Colleges in Mumbai for Finance?

Nearly 80 MBA in Finance schools are located in Mumbai. Around 94 percent of Mumbai’s MBA in Finance colleges are supported by private entities, while the rest are managed and funded by the government.

Q. What is the cost of the Best MBA Colleges in Mumbai for Finance?

MBA in Finance Colleges in Mumbai offers different fees. The average MBA in Finance College in Mumbai charges a fee of INR 5 lakh. MBA in Finance is expensive in Mumbai.

Q. Is there a Mumbai MBA in Finance College that is ranked in NIRF’s Top 100? Best MBA Colleges in Mumbai for Finance

Yes. Yes. SPJIMR & K J Somaiya Institute of Management were ranked in the NIRF 2021 Management Ranking at 19th and 56th, respectively.

Q. What are the most sought-after job profiles in Mumbai for MBAs in Finance?

Many Finance graduates can be considered for roles such as Financial Analyst, Financial Manager or Financial Analyst, Budget Analyst, Financial Services Agent, Investment Banker, Cash Management, and other options.

Q. What are the most popular entrance tests for MBA in Finance admissions?

MBA in Finance entrance exams that are accepted by colleges in Mumbai include CAT and CMAT. The most popular MBA entrance exam is the CAT in Mumbai.

Q. Does Mumbai MBA in Finance admittees need to have work experience?

Although it is not required to have work experience following a bachelor’s, candidates who have worked in finance tend to be more likely to get a job after an MBA in Finance. Some MBA in Finance colleges in Mumbai also gives weightage to work experience in the selection process.

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 CollegeAverage Fee
IIT DelhiINR 10.40 lakh
IIM LucknowINR 12.60 lakh
IIT MadrasINR 9.14 lakh
IIM RaipurINR 14.19 lakh
IIM KashipurINR 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:

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 CollegeProgramme Available
IIM AhmedabadPGP with specialization in Finance
IIM BangaloreMBA with specialization in Finance
IIM CalcuttaMBA with specialization in Finance
XLRI JamshedpurPGDM with specialization in Finance
IIM KozhikodePGP Finance
Jamna Lal Bajaj Institute of Management Studies (JBIMS) MumbaiM.Sc. Finance
International Management Institute (IMI) New DelhiPGDM Banking & Financial Services
IMT GhaziabadPGDM Banking & Financial Services
K J Somaiya Institute of Management Studies & Research, MumbaiMBA 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 InstituteCountry
The Wharton SchoolUniversity of Pennsylvania, US
The University of Chicago Booth School of BusinessUnited States
London Business SchoolUnited Kingdom
Stern School of BusinessNew York University (NYU), US
Harvard Business SchoolUnited States
Columbia Business SchoolColumbia University, US
INSEADFrance
IE Business SchoolSpain
Stanford University Graduate School of BusinessUnited States
The Kellogg School of ManagementNorthwestern 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 CollegeNIRF 2021 RankShiksha (Aggregate) Rating
SPJIMR – S.P. Jain Institute of Management and Research194.3
K J Somaiya Institute of Management564.2
NMIMS School of Business Management, Mumbai4.2
SIMSREE – Sydenham Institute of Management Studies Research and Entrepreneurship Education4
Xavier Institute of Management and Research4.4

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 CollegeCourse Fee (In INR)
VIT – Vidyalankar Institute of Technology3 L
ICFAI Business School (IBS), Mumbai9.09 L
Welingkar Institute of Management11.04 L
IES’s Management College and Research Centre8 L
N.L. Dalmia Institute of Management Studies and Research11.5 L

List of Public MBA in Finance Colleges in Mumbai

Name of Public CollegeCollege Fee (In INR)
Bombay Stock Exchange Institute, Mumbai6.61 L
SIMSREE – Sydenham Institute of Management Studies Research and Entrepreneurship Education1.34 L
Jankidevi Bajaj Institute of Management Studies – JDBIMS
Sasmira’s Institute of Management Studies and Research3.8 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 CollegeCourse Fee (In INR)Average Placement Package (In INR)
SPJIMR – S.P. Jain Institute of Management and Research17.5 L19.5 LPA
SIMSREE – Sydenham Institute of Management Studies Research and Entrepreneurship Education1.34 L10.97 LPA
NMIMS SBM Mumbai21.9 L17.75 LPA
ICFAI Business School (IBS), Mumbai9.09 L9.7 LPA
Welingkar Institute of Management11.04 L8.61 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 

  1. BITS School of Management (BITSoM) Powai, Mumbai.
  2. GNVS Institute of ManagementSion, Mumbai.
  3. Chetana’s Institute of Management and Research Bandra East, Mumbai.
  4. SP Jain School of Global Management Kurla West, Mumbai.
  5. 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 NameAverage Fees(INR)
SPJIMR, Mumbai17,50,000
NMIMS, Mumbai19,76,000
NITIE Mumbai12,53,000
JBIMS Mumbai6,00,000
K J Somaiya Institute of Management, Mumbai14,94,000
SIES, Mumbai7,20,000
SIMSREE, Mumbai1,46,000
IESMCRC, Mumbai6,00,000
Chetana’s Institute of Management and Research6,60,000
SDA Bocconi Asia Center, Mumbai18,60,000

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 InstitutionEntrance Exam AcceptedFees
Shailesh J. Mehta School of Management, IIT BombayCAT₹8.27 L – 15.21
National Institute of Industrial EngineeringCAT, GATENot Prescribed
S.P. Jain Institute of Management and ResearchCAT, GMAT₹17.5 L
Sydenham Institute of Management Studies Research and Entrepreneurship EducationCMAT, CAT₹69 K
ITM Business SchoolMAH CET, CMAT, CAT₹10.45 L
SDA Bocconi Asia CenterCAT/NMAT₹18.6 L
Xavier Institute of Management and ResearchMAH CET, CMAT₹5.2 L
JBIMS – Jamnalal Bajaj Institute of Management Studies₹7 L
VIT – Vidyalankar Institute of TechnologyMAH CET, CMAT₹3.07 L
School of Management, D.Y. Patil UniversityCAT/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 CollegeShiksha Ratings (Aggregate)
NMIMS School of Business Management4.2
Sydenham Institute of Management Studies Research and Entrepreneurship Education (SIMSREE)4
Jamnalal Bajaj Institute of Management Studies (JIBMS)4.3
Welingkar Institute of Management4
KJ Somaiya Institute of Management4.2

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 CollegeCourse Fee (in Rs)
KJ Somaiya Institute of Management2.97 L
N.L Dalmia Institute of Management Studies and Research1.5 L
NMIMS School of Business Management1.01 L – 6.04 L
Welingkar Institute of Management1.53 L
JBIMS1.52 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 CollegeCourse Fee (in Rs)
Jankidevi Bajaj Institute of Management Studies
SIMSREE1.53 L
University of Mumbai1.53 L
Garware Institute of Career Education and Development2.25 L
Sasmira’s Institute of Management Studies and Research1.5 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-schoolCourse Name*Fees
International School of Management and Research- ISMRMBAINR 3.44 L – 6.5 L
SIMSREE, MumbaiPost Graduate Diploma in Business ManagementINR 69,000
CU – Chandigarh UniversityMBA Tourism and Hospitality ManagementINR 57.8 K – 6.04 L
Indira Institute of Management – IIMPMBAINR 4.4 L – 8 L
ASM’s Institute of Business Management and Research-IBMRMBAINR 3 L – 6.5 L
Amity UniversityMBA in Agriculture and Food BusinessINR 4.86 L – 20.16 L
Ambedkar UniversityMBAINR 3 L
AIMS Institute of Management StudiesMBAINR 3.95 L – 5.9 L
MIT Pune – MIT World Peace UniversityMBAINR 3.5 L
DBS – Doon Business SchoolMBA International BusinessINR 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 CollegesFee Structure
1Guru Gobind Singh Indraprastha University [GGSIPU]INR 56,000
2Bangalore UniversityINR 66,000 to 75,000
3Visvesvaraya Technical University [VTU]INR 56,000 to 65,000
4Dr. B.R. Ambedkar UniversityINR 2,99,880
5University Business School – Panjab UniversityINR 50,000- 96,345
6Sydenham Institute of Management Studies, Research & Entrepreneurship Education [SIMSREE]INR 1,36,000
7Tata Institute of Social Sciences [TISS], MumbaiINR 1,14,600
8Department of Management Sciences, University of Pune [PUMBA]INR 1,34,000
9Jamnalal Bajaj Institute of Management Studies [JBIMS], MumbaiINR 6,00,000
10Pune Institute of Business Management, PuneINR 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 CollegeCourse Fee (In INR)
SPJIMR – S.P. Jain Institute of Management and Research17.5 L
SIMSREE – Sydenham Institute of Management Studies Research and Entrepreneurship Education1.34 L
NMIMS SBM Mumbai21.9 L
ICFAI Business School (IBS), Mumbai9.09 L

Q. Which MBA is best for finance?

Ans. QS MBA by Specialization Rankings 2019: Finance

RankBusiness SchoolLocation
1The Wharton SchoolPhiladelphia (PA)
2Harvard Business SchoolCambridge (MA)
3Columbia Business SchoolNew York (NY)

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

Ans. Top 5 Part-Time MBA Colleges in Mumbai

  1. NMIMS Part-Time MBA.
  2. KJ Somaiya Institute of Management.
  3. Sinhgad Institute of Business Management.
  4. MET Institute of Management.
  5. 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

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.


Apply Now And Get Upto 80% Off

Top MBA Colleges in Mumbai: Highlights

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

ParametersParticulars/ 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 specialisationsOperations, Entrepreneurship, Finance, Sales and Marketing, Business Economics, Family Business, Human Resources, IT and Systems, International Business, Retail, among others
Admission ProcessEntrance-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 MumbaiNIRF’21 RankingRating (Aggregate)
Shailesh J. Mehta School of Management, IIT Bombay#104.6
National Institute of Industrial Engineering#124.6
SPJIMR – S.P. Jain Institute of Management and Research#194.3
Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS University, Mumbai#224
K J Somaiya Institute of Management#564.1
Prin. L. N. Welingkar Institute of Management Development and Research – Online Distance Learning Center#714.1



ITM Navi Mumbai Courses 2022

RoI of Top MBA Colleges in Mumbai

Name of the CollegeCourse Fee (in INR)Average Annual Package (In INR)
Shailesh J. Mehta School of Management, IIT Bombay8.67 L21.96 LPA
Prin. L. N. Welingkar Institute of Management Development and Research – Online Distance Learning Center17.25 K8.61 LPA
SPJIMR, Mumbai17.5 L19.5 LPA
National Institute of Industrial Engineering12.53 L10.88 LPA
Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS University, Mumbai20.87 L15 LPA



Apply Now And Get Upto 80% Off

Top 10 MBA Colleges in Mumbai

Tabulated below is the list of top MBA colleges in Mumbai along with their fee structure.

College NameAverage Fees(INR)
SPJIMR, Mumbai17,50,000
NMIMS, Mumbai19,76,000
NITIE Mumbai12,53,000
JBIMS Mumbai6,00,000
K J Somaiya Institute of Management, Mumbai14,94,000
SIES, Mumbai7,20,000
SIMSREE, Mumbai1,46,000
IESMCRC, Mumbai6,00,000
Chetana’s Institute of Management and Research6,60,000
SDA Bocconi Asia Center, Mumbai18,60,000

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 2022College NameNIRF Score
9National Institute of Industrial Engineering68.84
11Shailesh J. Mehta School of Management, IIT Bombay66.24
21SPJIMR – S.P. Jain Institute of Management and Research59.51
25Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS University, Mumbai58.14
68Welingkar Institute of Management46.76
71K J Somaiya Institute of Management46.31
102 – 125Amity University, Mumbai



Apply Now And Get Upto 80% Off

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.

  1. SP Jain Institute of Management and Research
  2. Welingkar Institute of Management and Research
  3. NARSEE Institute of Management Studies (NMIMS)
  4. KJ Somaiya Institute of Management (KJSIM)
  5. 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 formSahu Shreyans Prasad Jain Institute of Management and Research
LocationDadabhai Road, Andheri (W), Mumbai
Establishment Year1981
Student Intake276 (PGDM)
Academic Staff44+
Number of Courses10+
Qualifying ExamsCAT/XAT/GMAT
Expected Cutoff85 %ile
Fee17.88 Lakhs
Application FeeINR 1500
Scholarships offeredMerit 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 NameL.N Welingkar Institute of Management Development and Research
LocationLakshmi Napoo Road, Near Matunga (Central Rly.) Matunga West, Mumbai
Establishment Year1977
Total seats620 (PGDM)
Academic Staff60+
Number of Courses6+
Qualifying ExamsCAT/GMAT/XAT/MAT/CMAT/MAH-CET
Expected Cutoff80-85
Last date to apply for PGDM 202226 Jan ’22
PGDM GDPI shortlist1 Mar ’22 – 31 Mar ’22
Pre-Interview Questionnaire (Online PIQ testLast 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 NameNarsee Monjee Institute of Management Studies (NMIMS)
LocationV. L, Pherozeshah Mehta Rd, Vile Parle West, Mumbai, Maharashtra 400056
Establishment Year1981
Total seats17000+ (All), 850 (MBA)
Academic Staff750+
Number of Courses200+
Qualifying ExamsCAT/NMAT/CMAT/NMIMS-CET
Expected Cutoff90-95
Commencement of ExamApril- May (Tentative)
Fee12.04 Lakhs- 24.04 lakhs
Application FeeINR 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 NameK J Somaiya Institute of Management
LocationVidyanagar, Vidya Vihar East, Vidyavihar, Mumbai, Maharashtra 400077
Establishment Year1981
Total seats600 (MBA)
Academic Staff35+
Number of Courses10+
Qualifying ExamsCAT/NMAT/CMAT/XAT/GMAT
Expected Cutoff80-85 %ile
Fee18.79 lakhs
Application FeeINR 3000
Type of ScholarshipsMerit 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 NameInstitute for Technology and Management (ITM)
LocationPlot 25 & 26 Institutional Area, Sector 4, Kharghar, Mumbai, Maharashtra 410210
Establishment Year1991
Total seats15000+ (All)
Academic Staff650+
Number of Specializations10
Qualifying ExamsCAT/NMAT/CMAT/MAH-CET/MAT/GMAT
Expected Cutoff70-75
Commencement of ExamApril- May (Tentative)
Fee10.45 Lakhs
Application FeeINR 1500



MBA Colleges in Navi Mumbai 2022

List of Private MBA Colleges in Mumbai

Names of Private MBA College in MumbaiCourse Fee (In INR)
SPJIMR – S.P. Jain Institute of Management and Research17.50 L
K J Somaiya Institute of Management18.75 L
Prin. L. N. Welingkar Institute of Management Development and Research – Online Distance Learning Center17.25 K

List of Public MBA Colleges in Mumbai

Names of Private MBA College in MumbaiCourse Fee (In INR)
Shailesh J. Mehta School of Management, IIT Bombay8.67 L
National Institute of Industrial Engineering12.53 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:

CollegesPlacement Ratings (Based on Reviews)Top Recruiters
National Institute of Industrial Engineering (NITIE), Mumbai4.6Dabur, 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, Mumbai4.6Axis 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, Mumbai4.23I 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, Mumbai4.2ITC, 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, Mumbai4.1Cognizant, 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 CollegeFees
School of Inspired Leadership – SOIL, GurgaonINR 12,50,000-16,50,000
Regenesys Institute of Management MumbaiINR 16,00,000
Amity Global B-school School (Amity University) in Delhi NCR, Bangalore, Pune, Mumbai and many other locationsINR 3,75,000-7,00,000
CII School of Logistics, Amity University, NoidaINR 8,61,000
Birla Global University, BhubaneswarINR 7,50,000
UPES School of Business, UPES University, DehradunINR 13,34,000
O P Jindal Global UniversityINR 11,00,000
School of Management and Entrepreneurship, Shiv Nadar University, Greater NoidaINR 10,000,00
GIBS BangaloreINR 5,50,000
IIBS BangaloreINR 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)


Apply Now And Get Upto 80% Off

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 FeesProgramme Fee
Faculty of Management Studies (FMS) Delhi – University of DelhiRs. 1,94,000
Delhi School of Economics, Delhi UniversityRs. 32,000
GGSIPU, DelhiRs. 59,000
PUMBA, PuneRs. 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)

  1. SRM University Chennai: 5,00,000
  2. K R Mangalam University Delhi: 2,60,000
  3. 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 LucknowIIM 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-schoolCourse Name*Fees
International School of Management and Research- ISMRMBAINR 3.44 L – 6.5 L
SIMSREE, MumbaiPost Graduate Diploma in Business ManagementINR 69,000
CU – Chandigarh UniversityMBA Tourism and Hospitality ManagementINR 57.8 K – 6.04 L
Indira Institute of Management – IIMPMBAINR 4.4 L – 8 L
ASM’s Institute of Business Management and Research-IBMRMBAINR 3 L – 6.5 L
Amity UniversityMBA in Agriculture and Food BusinessINR 4.86 L – 20.16 L
Ambedkar UniversityMBAINR 3 L
AIMS Institute of Management StudiesMBAINR 3.95 L – 5.9 L
MIT Pune – MIT World Peace UniversityMBAINR 3.5 L
DBS – Doon Business SchoolMBA International BusinessINR 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 NameAverage Fees(INR)
SPJIMR, Mumbai17,50,000
NMIMS, Mumbai19,76,000
NITIE Mumbai12,53,000
JBIMS Mumbai6,00,000
K J Somaiya Institute of Management, Mumbai14,94,000
SIES, Mumbai7,20,000
SIMSREE, Mumbai1,46,000
IESMCRC, Mumbai6,00,000
Chetana’s Institute of Management and Research6,60,000
SDA Bocconi Asia Center, Mumbai18,60,000

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

MBA is the most prestigious and lucrative degree being offered in India. Admission to the course is carried out by various Entrance Exams and exams are structured so as to access the ability of the candidates.

Get the list of the best 50 private / government MBA colleges in India based on placement, Academic excellence, Infrastructure, education, faculty, intellectual capital, and so on.

Here is the list of top colleges of government for MBA applicants. These are the prestigious colleges in India. Since MBA is one of the most coveted courses in India, return on investment always remains a big attraction and proves to be substantial. Though MBA gives you a launchpad in the corporate world the price paid for it sometimes might not suit your pocket. Here are some top-tier 1 Government MBA colleges that provide the best ROI in the country.

MBA Government colleges in Mumbai offer top-quality MBA advice with high-game strategies for growing and sustaining within the business world. MBA has consistently been referred to like a saw, bringing the possibility of stopping the ladder of climbing to the top of the corporate ladder. It is regarded as unique among other major decisions made by the students of the board after graduation.

If you’re looking to have greater flexibility following the completion of your degree and are hoping to acquire abilities that employers will appreciate seeking your MBA degree will be the best choice. It provides the skills that you can use to fill the role of a manager or enter the market or simply grow in your career. In this blog, we’ll discuss everything you need to be aware of when pursuing an MBA at a government college!

Name of the collegeMBA 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 CampusINR 2,20,000
Shailesh J. Mehta School of Management (SJMSOMINR 8,27,000
Shreemati Nathibai Damodar Thackersey [SNDT] Women’s UniversityINR 1,02,000



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

People Also Ask – 

1. What is the most reputable MBA school in India with low costs?

Answer. The government of India FMS, Delhi University is the highest-ranked MBA institute , with a modest cost of INR 20,960 per semester. The cost of all the federal MBA institutes are much lower than those of private institutions.

2. What is the reason IIM MBA fees high even when it’s not a private school?

Answer. IIM MBA costs are high due to the fact that it is an independent institution that is supported by government i.e. even though the government provides financial aid, it does not have no control over the decision-making processes.

3. MDo MBA schools offer financial aid to students with a poor backgrounds?

Answer. Most MBA institutions provide scholarships for students with a low financial backgrounds. These awards are determined by merit and class.

4. Which banks offer a student loans for MBA?

Answer. All banks that are nationalized in India including SBI, Canara Bank, PNB, Central Bank of India, Punjab & Sind Bank, Dena Bank, Union Bank of India, Bank of Baroda, ICICI, HDFC, AXIS, etc.


Top 20 MBA colleges in Mumbai 2022: Ranking, Fees, Admission

Frequently Asked Questions

1. Which is best MBA college in Mumbai?

Ans. Top MBA Colleges in Mumbai: India Today Ranking

College NameIndia 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 NameFees (In Rs lakhs)
NMIMS Mumbai: School of Business Management, Narsee Monjee Institute of Management Studies – SBM19.76
NITIE Mumbai: National Institute of Industrial Engineering12.58
JBIMS Mumbai: Jamnalal Bajaj Institute of Management Studies6
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?

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.

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.


Apply Now And Get Upto 80% Off

Related Videos

Top 10 Medical Colleges in Mumbai Latest Listed Here

Top 10 Medical Colleges in Mumbai Latest Listed Here

MBBS or Bachelor of Medicine and Bachelor of Surgery is an undergraduate program for students who want to pursue their career as a doctor. Any student holding the degree becomes a certified medical practitioner. The duration of the MBBS course is five years and six months including one year of rotational internship at hospitals, health centers, and health camps organized by non-profit organizations (NGOs). The MBBS course entails the study of anatomy, pharmacology, pathology as well as community health & medicine, pediatrics, and surgery. 

Mumbai is dwelling to prestigious medical institutes to pursue MBBS courses such as KJ Somaiya Medical College and Research Centre, DY Patil University, Lokmanya Tilak Municipal Medical College, Seth Gordhandas Sunderdas Medical College, etc. The city has 16 general hospitals, five maternity homes, 26 specialty hospitals, 162 municipal dispensaries, and two health units. Therefore, there are ample opportunities for those who want to pursue MBBS from the Medical colleges in Mumbai.

Admission to all MBBS colleges in Mumbai is done based on NEET scores. 

List of 4 MBBS Colleges in Mumbai in 2022:-

  • Grant Medical Colleges:-

GMC Mumbai is a medical college affiliated with the Maharashtra University of Health Sciences. Grant Medical College Mumbai is a government college, birthed in 1945. GMC MUMBAI is ranked 11 by India Today 2021 for Medicine & Health Sciences. The college is approved by MCI and has an attached Sir J.J. Group of hospitals (including the other three attached hospitals) and a tertiary care center. Grant Medical College Mumbai assignsts UG, PG, and super-specialty courses across five streams namely Paramedical, Dental, Medical, Science, and Pharmacy to the students. The major highlights of Grant Medical College are given below:-

Top 10 Medical Colleges in Mumbai Latest Listed Here.

Mumbai is situated on the west coast of India and is the home for many reputed colleges with standard education.

Mumbai education is most adored among the students all over India because of the wide accordance of degrees and certificates from Mumbai Colleges. There are over 10 colleges in Mumbai that require MBBS courses in the full-time mode of study, out of these around four colleges are private and three are government. 

Top Medical Colleges in Mumbai 2022 Highlight

ParametersParticulars
No. of Medical colleges in MumbaiNearly 10 colleges in Mumbai
Fees– Annual fee < Rs 3-5 lakh: 25%
– Annual fee > Rs 5 lakh: 66%
Admission ProcessBased on NEET

MBBS or Bachelor of Medicine and Bachelor of Surgery is an undergraduate program for students who want to pursue their career as a doctor. Any student holding the degree becomes a certified medical practitioner. The duration of the MBBS course is five years and six months including one year of rotational internship at hospitals, health centers, and health camps organized by non-profit organizations (NGOs). The MBBS course entails the study of anatomy, pharmacology, pathology as well as community health & medicine, pediatrics, and surgery. 

Mumbai is dwelling to prestigious medical institutes to pursue MBBS courses such as KJ Somaiya Medical College and Research Centre, DY Patil University, Lokmanya Tilak Municipal Medical College, Seth Gordhandas Sunderdas Medical College, etc. The city has 16 general hospitals, five maternity homes, 26 specialty hospitals, 162 municipal dispensaries, and two health units. Therefore, there are ample opportunities for those who want to pursue MBBS from the Medical colleges in Mumbai.

Admission to all Medical colleges in Mumbai is done based on NEET scores. 

Top 4 MBBS Colleges in Mumbai in 2022:-

  • Grant Medical Colleges:-

GMC Mumbai is a medical college affiliated with the Maharashtra University of Health Sciences. Grant Medical College Mumbai is a government college, birthed in 1945. GMC MUMBAI is ranked 11 by India Today 2021 for Medicine & Health Sciences. The college is approved by MCI and has an attached Sir J.J. Group of hospitals (including the other three attached hospitals) and a tertiary care center. Grant Medical College Mumbai assignsts UG, PG, and super-specialty courses across five streams namely Paramedical, Dental, Medical, Science, and Pharmacy to the students. The major highlights of Grant Medical College are given below:-

Establishment year1945
TypeGovernment
Campus Size44 acre
Recognised byMCI
Rankings (2021)-11 by India Today 2021 for Medicine & Health Sciences
-11 by The Week and 2021 for Medicine & Health Sciences
Flagship coursesMBBS, MD
Number of courses30

  • Seth GS Medical Colleges:-

GSMC Mumbai was inaugurated in 1926 and is affiliated with the Maharashtra University of Health Sciences. GSMC offers more than 50 courses under three streams, including Medicine & Health Sciences, Science, and Engineering. The top courses offered by the college are MBBS, BPT, MSc, MD. The college has more than 50 departments, including Dentistry, Neurology, but Nursing, Radiology, Social Service, and Endocrinology.

Year of Establishment1926
LocationMumbai
AffiliatedMaharashtra University of Health Science
Accepted ExamsNEET, NEET-PG, NEET SS
Number of Courses Offered50+ courses across 3 stream
  • Lokmanya Tilak Municipal Medical Colleges:-

Lokmanya Tilak Municipal Medical College (LTMMC) is affiliated to Maharashtra University of Health Sciences (MUHS) Nashik. The college please both UG and PG programs along with Post-Doctoral degrees, viz. MBBS, BPT, BPMT, MD, MS, PG Diploma and M.Ch.

Name of the InstituteLokmanya Tilak Municipal Medical College (LTMMC)
Institute TypeGovernment
Basic Admission CriteriaEntrance-based
Application ModeOffline
Name of the EntranceNEET – MBBS
MHT CET – BPT and BPMT
NEET PG – MD and MS
NEET SS – M.Ch and DM
CounsellingYes
ScholarshipYes
  • Dr. DY Patil Medical College Hospital and Research Centre:-

Dr. DY Patil Medical College Hospital and Research Centre (DYPMC) was birthed in 1996 in Pune, Maharashtra. The college is affiliated to Dr. DY Patil Vidyapeeth, Pune. The college gives UG, PG and Doctoral degree courses viz. MBBS, MD, MS, PG Diploma, DM, M.CH, and Ph.D. in different disciplines of Medical Sciences.

Name of the CollegeDr. DY Patil Medical College Hospital and Research Centre (DYPMC)
College TypePrivate
Basic Admission CriteriaEntrance based
Application ModeOnline and offline
Name of the EntranceNEET/ NEET PG/ NEET SS Entrance Exam
Entrance ModeOffline and online
CounselingYes
Counseling DateAfter the declaration of results

Top MBBS Colleges in Mumbai Eligibility Criteria 2022:-

Here given below are the basic eligibility criteria of Medical Colleges in Mumbai:-

  • Aspirants must have ratified Class 12 with 50 percent aggregate from a recognized board/institute with Physics, Chemistry, Biology/Biochemistry as the compulsory subjects.
  • The age of aspirants must be of minimum 17 years of age.

TOP MEDICAL COLLEGES IN MUMBAI ADMISSION PROCESS 2022:-

  • Admission to the MBBS courses is based on a national level examination, i.e. NEET
  • Aspirants can take admission to the MBBS colleges in Mumbai, after securing marks in the NEET examination. 
  • There is no other alternative for admission to Medical colleges in Mumbai. 

Top MBBS Colleges in Mumbai Highlight 2022

The top medical colleges in Mumbai propose numerous medical courses like MBBS, BDS, BAMS, MS, MD, and many others in the field of medical Sciences, paramedical, and nursing. Mumbai is home to around 36 Medical colleges among which 24 are private and 9 are the best government medical colleges in Mumbai. The best Medical colleges in Mumbai include TISS Mumbai and LTMMC Mumbai.

  • Padmashree Dr. D. Y. Patil Vidyapeeth Mumbai is esteemed as the best Medical college in Mumbai and is ranked 41st by NIRF Ranking 2021 among the top medical colleges in India.
  • The top government medical colleges in Mumbai incorporate GSMC Mumbai, LTMMC, SJMSOM Mumbai, etc.  
  • Lokmanya Tilak Municipal Medical College Mumbai, TMC Mumbai and PDDYPU Mumbai are some of the best MBBS colleges in Mumbai.
  • Admissions 2022 into the top medical colleges in Mumbai are primarily based on the NEET 2022 scores followed by a GD/ PI round. 
  • The top private medical colleges in Mumbai include K.J. Somaiya Medical College & Research Centre and St. Xavier’s College, which are ranked among the top 10 medical colleges in Mumbai.
  • The average fees in the top Medical colleges in Mumbai fluctuate depending on the college to college. 
  • Most of the top medical colleges in Mumbai are affiliated with MUHS Nashik and Mumbai University.
  •  Mumbai University is also considered as one of the best medical colleges in Mumbai with minimal fees.

Top 10 Medical Colleges in Highlight 2022:-Mumbai With Fees

College NameAverage Annual Fees(INR)
Grant Medical College49,800
Seth GS Medical College, Mumbai67,230
Lokmanya Tilak Municipal Medical College, Mumbai44,335
Topiwala National Medical College, Mumbai27,000
Bombay Hospital Institute of Medical Science1,00,000
MGM Medical College95,000
St. Xavier’s College65,000
Padmashree Dr. D. Y. Patil Vidyapeeth5,50,000
K.J. Somaiya Medical College & Research Centre8,00,000
Homi Bhabha National Institute – [HBNI]30,000

Top Medical Colleges in Mumbai Based on NIRF Ranking:-

  • Padmashree Dr. D. Y. Patil Vidyapeeth is the only medical college in Mumbai, which has ranked in NIRF 2021 among the Top 50 medical colleges in India.
  • The college has been ranked as the 41st best institute in India by NIRF 2021 ranking, with a score of 48.07.
NIRF Ranking 2021College NameNIRF Score
41Padmashree Dr. D. Y. Patil Vidyapeeth, Mumbai48.07

Top Medical Colleges in Mumbai Based on the Week Ranking:-

The Week is an Indian news magazine published by Kochi and printed in Delhi, Mumbai, Bangalore, and Kottayam which performs a survey along with Hansa Research every year to list the top Medical colleges in India. Here is the list of the top Medical colleges in Mumbai documented by this collective survey. 

  • The Week has ranked Grant Medical College and Sir JJ Group of Hospitals as 11th in the top medical college in Mumbai and Seth Gordhandas Sunderdas Medical College as 12th on the list.
The Week Ranking 2021College Name
11Grant Medical College, Mumbai
12Seth Gordhandas Sunderdas Medical College and KEM Hospital, Mumbai

Top Medical Colleges in Mumbai Based on Time 2021 Ranking

The Times Ranking is one of the trusted and well-reputed agencies. Here is the list of top medical colleges in Mumbai ranked by The Times Ranking 2021.     

The Times Ranking 2021College Name
11Grant Medical College, Mumbai
12Seth Gordhandas Sunderdas Medical College, and KEM Hospital, Mumbai
17Lokmanya Tilak Municipal Medical College – [LTMMC], Mumbai

Top Medical Colleges in Mumbai Based on Outlook Ranking

The Outlook is the most popular journal in India, whose rankings are based on the research on various parameters transmitted down in partnership with Drshti Strategic Research Services.

Listed below is the ranking of the top colleges in Mumbai at Outlook Rankings:-

College NameOutlook Ranking 2019Average Annual Fees
Narsee Monjee Institute of Management88
University of Mumbai74INR 44,000
Tata Institute of Social SciencesINR 1,20,000

Top MBBS Colleges in Mumbai Based on ROI:-

  • The return on Investment is a crucial parameter while evaluating the top medical colleges as ROI notifies us how profitable is the course the aspirants are choosing from their respective colleges. 
  • The ROI is an important parameter as it measures the ratio of the average annual fee and the average placement package. 
  • However, there are no such placement records in the medical field as all the students are placed in the hospitals of the institutions themselves. 
  • Hence, calculating ROI is not a crucial step here.

Top Government MBBS colleges in Mumbai With Fees 2022:-

  • In the present times, Government Medical Colleges are the preference of most of the medical aspirants, as they deliver MBBS Course at very low prices as compared to Private Medical Colleges.  
  • Some of the top government medical colleges in Mumbai are given below with their annual fees:-
College NameAverage Annual Fees
Seth GS Medical College, MumbaiINR 67,230
Lokmanya Tilak Municipal Medical College, MumbaiINR 44,335
Shailesh J. Mehta School of Management, IIT Bombay, MumbaiINR 35,000
Topiwala National Medical College, MumbaiINR 27,000
Bombay Hospital Institute of Medical Science, MumbaiINR 100,000
All India Institute of Physical Medicine and Rehabilitation, MumbaiINR 79,400
Grant Medical College and Sir J. J. Group of Hospitals, MumbaiNA
Mumbai University, MumbaiINR 44,000
Tata Memorial Centre, MumbaiINR 300,000
MGM Medical College, MumbaiINR 95,000

Top Private MBBS colleges in Mumbai With Fees 2022:-

  • Although, the fees structure in the top private medical colleges in India is comparatively higher than government colleges but these colleges offer better infrastructure, Research, Laboratory and other facilities. 
  • So, Private Medical Colleges can be the preference of many students.
  • Here is the listsl of some of the Best private medical colleges in Mumbai along with their average annual fees:-
College NameAverage Annual Fees
K.J. Somaiya Medical College & Research Centre, MumbaiINR1,025,000
St. Xavier’s College, MumbaiINR 65,000
Narsee Monjee Institute of Management Studies, MumbaiINR 327,000
Tata Institute of Social Sciences, MumbaiINR 64,500
Garware Institute of Career Education and Development, MumbaiINR 60,000
K. C. College of Management Studies, MumbaiINR 50,000
Jaslok Hospital and Research Centre, MumbaiINR 125,000
Homi Bhabha National Institute, MumbaiINR 30,000
Ali Yavar Jung National Institute for The Hearing Handicapped, MumbaiINR 25,250
HBT Medical College & Dr. R.N. Cooper Municipal General Hospital, MumbaiINR 89,450

Top Medical Colleges in Mumbai For MBBS 2022

MBBS is delivered to students based on a great NEET score. Some of the top Medical Colleges in Mumbai offering MBBS based on NEET are:-

College NameAverage Annual Fees
Grant Medical College and Sir Jamshedjee Jeejeebhoy Group of Hospitals, MumbaiINR 2.49 Lakhs
Seth GS Medical College, MumbaiINR 3.99 Lakhs
Lokmanya Tilak Municipal Medical College, MumbaiINR 2 Lakhs
K J Somaiya Medical College and Research Centre, MumbaiINR 46.25 Lakhs
Terna Medical College, MumbaiINR 27 Lakhs
Padmashree Dr. DY Patil University, MumbaiINR 1.25 Crore

Top 10 MBBS colleges in Maharashtra 2022

Top Private Medical Colleges in Mumbai With Fees in 2022:-

College NameCourse Fee (in Rs)
KJ Somaiya Medical College46.13 L
Terna Medical College31.5 L
Padmashree Dr. D.Y. Patil Vidyapeeth1.16 Cr
MGM Institute of Health Sciences91 L

Top Government Medical Colleges in Mumbai With Fees in 2022:-​

College NameCourse Fee (in Rs)
Grant Medical College5.02 L
Topiwala National Medical College4.65 L

Top Medical Colleges in Mumbai With Fees in 2022:-​

RankCollege NameAnnual Fees (In INR)
1Grant Medical College and Sir Jamshedjee Jeejeebhoy Group of Hospitals2.49 Lakhs
2Seth GS Medical College3.99 Lakhs
3Lokmanya Tilak Municipal Medical College2 Lakhs
4Terna Medical College7 Lakhs
5K J Somaiya Medical College and Research Centre9.25 Lakhs
6Padmashree Dr DY Patil University25 Lakhs
7Topiwala National Medical College3.99 Lakh

Top Recruiters in Medical Colleges in Mumbai:-

There are a substantial number of job opportunities for MBBS graduates in both the public and private sectors. Scholars can discover adequate jobs with a good pay scale in various Biomedical Companies, Health Centers, Hospitals, Laboratories, Nursing Homes, Polyclinics, etc. Some of the top recruiters for MBBS graduates from the Medical colleges in Mumbai are:-

  • DNA Multi-speciality Hospital
  • Holy Spirit Hospital
  • Nanavati Super Speciality Hospital
  • Hinduja Hospital and Medical Research Centre
  • Tata Memorial Centre Hospital
  • Apollo Hospitals
  • Saint Elizabeth Hospital
  • Fortis Healthcare Private Limited
  • Medanta Hospitals

Medical Colleges in Mumbai Accepted Entrance Exam 2022:-

All the government and private medical colleges in Mumbai admit students in the MBBS course based on the marks obtained in the NEET exam. The National Eligibility cum Entrance Test is the only entrance test for MBBS admissions in India. Students willing to take admission into Medical colleges in Mumbai can either apply for it via MCC NEET counseling or Maharashtra NEET counseling for the admission process. 

List of Top 10 Medical Colleges in Mumbai in 2022 Frequently Asked Questions

Ques1. Which are the best medical colleges in Mumbai?

Ans. Grant Medical College KJ Somaiya Medical College and Topiwala National Medical College are considered the best medical colleges in Mumbai.

Ques2. Does Grant Medical College provide any placements?

Ans. As this is a medical college you do not have a separate placement procedure, however you are expected to complete an year of mandatory internship. The clinical affiliate of the college is J.J. Group of hospitals.

Ques3. Is Grant Medical College approved?

Ans. Yes, the college has been approved by the Medical Council of India (MCI).

Ques4. Which is the best MBBS college in Mumbai in 2020?

Ans. Seth gs medical college, Mumbai

Grant medical college, Mumbai

These are the 2 best colleges of Maharashtra. For this you need to set a minimum target of 630 if you’re having a domicile of Maharashtra and if you are from other state then min 670 marks is required. 

Ques5. What are the minimum marks for the NEET to get into private MBBS colleges in Mumbai?

Ans. According to what I’ve observed, one should have at least 400+ marks to get even a private college. But if you have a state quota then it could be like around 380, I guess. You can check the ‘merit list’ and ‘students admitted list’ of colleges to get the proper information on this.

Ques6. Which MBBS colleges in Mumbai give separate rooms to students (no sharing)?

Ans. Grant Medical college gives girls separate rooms in the hostel.

Ques7. Which college in Mumbai is best for an MBBS?

Ans. According to me best college as

  • Seth gs medical college
  • Grant medical college (choice 2 only due to good extra curriculum and building status )
  • Topiwala medical college (good academic than grand but small size and low extra curriculum )
  • Lokmanya Tilak medical college (locality is not good but great number of patient and good academic too
Ques8. How would you rank the MBBS government colleges in Mumbai?

Ans. There is just one government college in Mumbai which is Grant medical college. The rest are under the Bombay municipal corporation. The difference is that grant medical college is affiliated with the JJ Hospital which acts as prime tertiary health care center for all the government hospitals in Maharashtra. Although the other hospitals also are good but spectrum of patients and cases one handles at JJ is definitely a bit greater than other colleges since it’s a government college and hospital.

Related Videos

MBA Colleges In Mumbai With Low Fees 2022

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 Mumbai180
Average FeesAnnual 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 SpecializationsFinance
Sales and Marketing
Human Resources
IT and Systems
Operations
International Business
Supply Chain
Business Analytics
Entrepreneurship
Healthcare and Hospital
Admission ProcessCAT, MAT, XAT, CMAT, ATMA, MAH CET and more.
Number of IITsOne

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 ProfileExpected Salary
Relationship ManagerRs. 4 Lakhs p.a.
Marketing ExecutiveRs. 3 Lakhs p.a.
Business AnalystRs. 5 Lakhs p.a.
Area Sales ManagerRs. 7 Lakhs p.a.
Operations ManagerRs. 10 Lakhs p.a.
Human Resource ManagerRs. 11 Lakhs p.a.
Assistant Human Resources ManagerRs. 9 Lakhs p.a.
Business Development ManagerRs. 11 Lakhs p.a.
Account ManagerRs. 11 Lakhs p.a.
Executive AssistantRs. 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 CollegeCourse Fee (in Rs)
ASM’s Institute of Management & Computer Studies, Thane2.31 L – 6.5 L
Dr DY Patil University’s School of Management, Navi Mumbai8.4 L
GNVS Institute of Management, Mumbai3.5 L
Kohinoor Business School, Mumbai5.5 L
Sir M. Visvesvaraya Institute of Management Studies and Research, Mumbai4.6 L

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

Name of the CollegeCourse Fee (in Rs)
Tata Institute of Social Sciences, Mumbai40.6 K – 1.05 L
Bombay Stock Exchange Institute, Mumbai5.6 L – 30.76 L
Shailesh J. Mehta School of Management, IIT Bombay, Mumbai8.32 L
National Institute of Industrial Engineering, Mumbai6.63 L – 14.63 L
Sasmira’s Institute of Management Studies and Research3.8 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 CollegeCourse Fee in RsAverage salary (in Rs LPA)
TISS, Mumbai30.33 LPA20.06 LPA
NMIMS, Mumbai30.37 LPA17.97
SJMSOM, IIT Bombay, Mumbai32.4 LPA20.8
SIMSR Mumbai28.5 LPA13.25
SIMSREE, Mumbai17 LPA10.97

ITM MBA Fees:-

ITM Business School, Navi Mumbai Courses & Fees 2022

CoursesTotal tuition FeesEligibility
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:-

ParticularsMarketing
Highest salaryINR 22 LPA
Average salaryINR 5.6 LPA to INR 7.5 LPA
Top recruitersAmazon, 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:-

ParticularsMarketingHRFinance
Number of recruiters
Placement percentage100%
Highest salaryINR 22 LPAINR 8 LPAINR 12 LPA
Average salaryINR 7.5 LPAINR 5.6 LPAINR 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:-

ParticularsPlacements 2022Placements 2021Placements 2020Placements 2019
Highest salaryINR 22 LPAINR 22 LPAINR 22 LPAINR 17.8 LPA
Average salaryINR 8.5 LPAINR 8.5 LPAINR 8.5 LPAINR 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:-

LGKotak Mahindra BankICICI Securities
AmazonTNSReliance Digital
Shoppers StopJP MorganAmerican Express
DeloitteFlipkartVOLTAS
HDFC BankAONITC 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.

ParticularsStatistics
Highest SalaryINR 22 LPA
Average SalaryINR 8.5 LPA
No. of recruiters650+
Placement percentage100%
Top recruitersHDFC 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:-

ProgramsGeneral
Post Graduate Diploma in Management Business Analytics55
PGDM Finance55
PGDM Human Resource Management55
PGDM Marketing55
PGDM Digital Marketing and Transformations55
PGDM Financial Markets55
PGDM FINTECH55
PGDM International Business55
PGDM Operations & Supply Chain Management55
Post Graduate Diploma in Marketing and Retail Management55

ITM Navi Mumbai MAT Cutoff 2022:-

ProgramsGeneral
PGDM International Business73
PGDM Marketing73
PGDM Finance73
PGDM Human Resource Management73

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:-

CourseSeatsEligibility Criteria
PGDM240Candidates 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 Finance180
PGDM Financial Marketing
PGDM Marketing
PGDM Human Resource Management60
PGDM International Business
PGDM Retail Management and Marketing
PGDM Digital Marketing and TransformationCandidates 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:-

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 aspirants.

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.

If you’re looking to have greater flexibility following the completion of your degree and are hoping to acquire abilities that employers will appreciate seeking your MBA degree will be the best choice. It provides the skills that you can use to fill the role of a manager or enter the market or simply grow in your career. In this blog, we’ll discuss everything you need to be aware of when pursuing an MBA at a government college!

The top MBA institutions in Mumbai provide MBA along with PGDM (Postgraduate Certificate in Management) via Offline, Online, and Distance learning mode. Mumbai is often referred to as the “City of Dreams” or the “Finance Capital of India” is home to more than 260 of the top MBA schools in India. There are 57 MBA institutions in Mumbai that are endorsed by AICTE and 17 are accredited by UGC. The top MBA school in Mumbai provides MBA with different specializations ranging from Marketing and Finance up to Supply Chain Management and Urban Planning.

  • Of the total 262 MBA colleges in Mumbai, Around 106 are private, and 11 are MBA government-run colleges in Mumbai.
  • Indian Institute of Technology – [IITIIT Bombay, National Institute of Industrial Engineering, Mumbai, and S. P. Jain Institute of Management & Research are placed at 10, 12, and 19 respectively in NIRF The ranking for 2021.
  • Shailesh J. Mehta School of Management, SJMSOM, SPJIMR, IIT Bombay, SBM NMIMS are some of the most prestigious colleges to study MBA located in Mumbai.
  • MBA admissions to the best MBA colleges in Mumbai are usually made by taking an entrance exam known as the CAT. But many colleges will take other entrance examinations for management scores, such as NMAT, MAT CMAT, ATMA, MAH CET, GMAT and GRE..
  • IHM Mumbai, Bharati Vidyapeeth College of Hotel and Tourism Management Studies [BVCHTMS]. The IHM Mumbai, Bharati Vidyapeeth College of Hospital and Tourism Navi Mumbai ITM Institute of Hotel Management ITM Institute of Hotel Management Mumbai are among the best Hotel Management Colleges in Mumbai.
  • The fees for taking MBA or PGDM courses at the top MBA schools in Mumbai vary from INR 500,00 to 30 Lakhs per year , depending on the college.
  • A few of the best MBA institutions in Mumbai charge lower than INR 60,000. These include K. C. College of Management Studies [KCCMS] Mumbai, ISMS Mumbai, ISMS Mumbai, Mumbai University, and KJSCCETR Mumbai.
  • The top MBA schools in India provide lucrative opportunities for placement with attractive packages and high ROI. The average CTC is priced at 18-30 LPA.
  • Accenture, Amazon, Axis Bank, HCL, HDFC, etc. are among the top firms that take part in programs for placement offered by the best MBA schools in Mumbai.
  • SJMSOM Mumbai, SPJIMR Mumbai, and SBM NMIMS Mumbai are the most prestigious colleges in Mumbai to study MBA in Finance. They are also ranked among the 10 best MBA schools in Mumbai.

Top 10 MBA Colleges In Mumbai With Low Fees:-

Tabulated below is the list of top MBA colleges in Mumbai along with their fees structure.

College NameAverage Fees(INR)
SPJIMR, Mumbai17,50,000
NMIMS, Mumbai19,76,000
NITIE Mumbai12,53,000
JBIMS Mumbai6,00,000
K J Somaiya Institute of Management, Mumbai14,94,000
SIES, Mumbai7,20,000
SIMSREE, Mumbai1,46,000
IESMCRC, Mumbai6,00,000
Chetana’s Institute of Management and Research6,60,000
SDA Bocconi Asia Center, Mumbai18,60,000

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

CollegesAnnual Fees
Jamia Millia Islamia University, New DelhiINR 65,100
University of Delhi, Faculty of Management Studies, New DelhiINR 96,000
Institute of Management Studies, Banaras Hindu University, VaranasiINR 1,20,767
Department of Management Studies, Anna University, ChennaiINR 20,500
Pondicherry University, PondicherryINR 74,718
University of Jammu, JammuINR 78,071
Maharaja Sayajirao University of Baroda, VadodaraINR 14,500
Ganpat University, MehsanaINR 95,000
RKDF University, BhopalINR 50,000
Department of Management Science, Savitribai Phule Pune University, PuneINR 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 RankingCollege NameNIRF Score
10Indian Institute of Technology Bombay68.08
12National Institute of Industrial Engineering, Mumbai64.52
19S. P. Jain Institute of Management & Research58.73
22SVKM’s Narsee Monjee Institute of Management Studies57.53
56K.J.Somaiya Institute Of Management46.68
72Principal L N Welingkar Institute of Management Development and Research43.73

Top MBA Colleges In Mumbai: India Today Ranking:-

College NameIndia 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 Research33
Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)39
N L Dalmia Institute of Management Studies and Research80
Universal Business School86
IES Management College and Research Center144
Atharva Institute of Management Studies171

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 collegeMBA 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 CampusINR 2,20,000
Shailesh J. Mehta School of Management (SJMSOMINR 8,27,000
Shreemati Nathibai Damodar Thackersey [SNDT] Women’s UniversityINR 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?

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.

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.

Related Videos

e

Open in App