Direct Admission in Top Mumbai MBA Colleges

Direct Admission in Top Mumbai MBA Colleges

Mumbai has around 125 MBA colleges offering admission through various MBA entrance exams. Tuition fees for the best MBA colleges in Mumbai range between Rs 2,25,000 to Rs 24,00,000. The best MBA colleges in Mumbai aim to train graduates to be adept at handling business and entrepreneurial matters in any field of business. MBA add great skill value to a candidate’s resume and the knowledge received can prove to be valuable for the graduate’s professional life. Best MBA college courses offer specialisations in numerous fields such as accounting, finance, marketing, operations, human resources, and strategy. Secure Direct Admission in Top Mumbai MBA Colleges right away!

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Top Mumbai MBA Colleges

Direct MBA Admission in Top Mumbai MBA Colleges

Mumbai, the financial heart of India, boasts a stellar selection of MBA programs offered by prestigious institutions. There are a total of 4 top MBA colleges in Mumbai all of which are privately owned. CAT, CMAT, MAH CET, NMAT, XAT, etc. are some of the most accepting entrance exams in top MBA colleges in Mumbai. IIM Mumbai, SP Jain Institute of Management and Research, NMIMS School of Business Management, KJ Somaiya Institute of Management, Welingkar Mumbai, etc. are some of the best MBA colleges in Mumbai.

Eligibility Criteria of Best MBA Colleges in Mumbai

·         Candidates should have a bachelor’s degree from a recognised university or institution in any discipline.

·         Many MBA colleges in Mumbai require candidates to have a valid score in a national or state-level management entrance exam. Common entrance exams include CAT, XAT, MAT, CMAT, MAH MBA CET, and NMAT.

·         Candidates may need to fulfill any additional requirements specified by the college, such as appearing for group discussions (GD) and personal interviews (PI).

Popular Entrance Exams for Best MBA Colleges in Mumbai

·         CAT (Common Admission Test) is conducted for 21 IIMs and 1000+ B-schools in India. The CAT exam syllabus is divided into three sections – Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Aptitude.

·         MAT (Management Aptitude Test) is conducted in both offline (paper-based) and online (computer-based) modes. The exam consists of five sections: Language Comprehension, Mathematical Skills, Data Analysis & Sufficiency, Intelligence & Critical Reasoning, and Indian & Global Environment. Secure Direct Admission in Top Mumbai MBA Colleges right away!

·         MAH MBA CET (Maharashtra Common Entrance Test) exam consists of multiple-choice questions (MCQs) and is conducted in online (computer-based) mode. The test assesses candidates’ abilities in areas such as Logical Reasoning, Abstract Reasoning, Quantitative Aptitude, Verbal Ability/Reading Comprehension, and Data Interpretation.

List of the Best MBA Colleges in Mumbai based on the NIRF Ranking 2023

College Name

NIRF 2023 Score

NIRF 2023 ranking

National Institute of Industrial Engineering, Mumbai

71.99

7

Indian Institute of Technology Bombay

68.11

10

S.P. Jain Institute of Management & Research

60.91

20

SVKM`s Narsee Monjee Institute of Management Studies

60.84

21

K J Somaiya Institute of Management Studies and Research

52.14

45

Principal L N Welingkar Institute of Management Development and Research

48.21

73

Best Private MBA Colleges in Mumbai

Private College Name

Courses 

Fees

MET Mumbai – MET Institute of Management, Mumbai

MBA

Rs. 2,25,000

SPJIMR, Mumbai

PGDM

Rs. 24,00,000

NAEMD Mumbai – National Academy of Event Management

MBA Event Management and Public Relations

NA 

WWI Mumbai – Whistling Woods International, Mumbai

MBA Media and Entertainment

Rs. 8,50,000

KJSIM – K J Somaiya Institute of Management, Mumbai

MBA

Rs. 13,13,00-Rs 20,77,000 

Best MBA Colleges in Mumbai: Admission Process 2024

Best MBA colleges in Mumbai have a thorough admission process based on various MBA entrance exam scores. The admission process of these best MBA degree colleges in Mumbai may involve multiple rounds like WAT, GD and PI depending on the demand of the respective college. Secure Direct Admission in Top Mumbai MBA Colleges right away!

Listed below is the admission process for best MBA Colleges in Mumbai

College Names

Admission Process

JBIMS Mumbai 

JBIMS Mumbai Admissions based on valid scores in MAH CET, CAT, CMAT exams 

IIM Mumbai (NITIE) 

IIM Mumbai (NITIE) Admissions are based on CAT exam scores.

SPJIMR, Mumbai 

SPJIMR, Mumbai Admissions are based on academic record, entrance test scores (CAT/ GMAT), relevance of work experience (if any), and performance in the two rounds of group interviews.

KJSIMK-J Somaiya Institute of Management

KJSIMK-J Somaiya Institute of Management Admissions are based on various criteria including CAT/ XAT/ NMAT/ GMAT/ CMAT Scores, Academic Profile, Group Discussion, Personal Interview, Written Ability Test, and Work Experience 

SJMSOM IIT Bombay 

SJMSOM IIT Bombay Admissions are offered based on performance in CAT exam, written ability test, and personal

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Best MBA Colleges in Mumbai Placement-wise

As per the placement statistics, given below are the starting MBA salary packages of best MBA colleges in Mumbai and their top recruiters:

List of Best MBA Colleges in Mumbai Median Salary and Top Recruiters

Placement Links

Median salary

Top Recruiters

IIM Mumbai (NITIE) Placements

Rs. 31,00,000

Tata AIA Life Insurance, Tata AIG General, Edelweiss Financial Services, ETLI, Fidelity Investments, ICICI Bank

SPJIMR, Mumbai Placements

Rs. 30,50,000

Aditya Birla Group, Capgemini E.L.I.T.E., Mahindra GMC, and Tata Administrative Services

KJSIM Placements

Rs. 10,25,000

Mercedes Benz, Raychem RPG, CISCO, Tata Capital, Goldman Sachs, Citi, Deloitte

SJMSOM IIT Bombay Placements

Rs. 25,76,000

Accenture, Amazon, Flipkart, Asian Paints, Deloitte, Godrej

MET Mumbai Placements

Rs. 6,50,000

Viacom 18, Reliance, Network 18, TV 9, Times of India, Zoom

ROI of Best MBA Colleges in Mumbai

Return on Investment (ROI) in this case measures the advantage a student will receive if they enroll in a degree at a specific university for fees paid and MBA salary package offered. In simple words, it evaluates the candidate’s return on investment (MBA fees) while they were studying and the return (MBA placement) they receive.

The table below shows the best MBA degree colleges in Mumbai along with their total tuition fees and annual average package:

College Name

Total Tuition Fee

Annual Average Package

NMIMS School of Business Management MBA

INR 20 lakh

INR 26.63 LPA

SPJIMR MBA

INR 24 lakh

INR 33 LPA

Welingkar Mumbai MBA

INR 14 lakh

INR 12.94 LPA

K J Somaiya Institute of Management MBA

INR 17.28 lakh

INR 12.32 LPA

Best MBA Colleges in Mumbai: Cut-off Ranking 2023

Candidates need to take various entrance exams as required by their institutions to be offered admission to best MBA programmes in Mumbai.

Listed below are the cut-off ranks of best MBA colleges in Mumbai for 2023

Colleges

Exam

 Rank/Percentile

JBIMS Mumbai

MAH CET, CAT

95 percentile and above in MAH CET

93 percentile in CAT

IIM Mumbai (NITIE)

CAT

85 percentile in CAT

SPJIMR Mumbai

CAT

85 percentile and above

KJ Somaiya Institute of Management Studies

CAT

83+ Percentile and above

SJMSOM IIT

CAT

75 Percentile and above

Direct Admission in Top Mumbai MBA Colleges

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Direct Admission in Top MBA Colleges of Delhi/NCR

Direct Admission To Top MBA Colleges In Maharashtra

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Delhi Top MBA Colleges Direct Admission

Delhi Top MBA Colleges Direct Admission

There are about 15+ MBA colleges in Delhi/NCR. Out of these, 13 MBA colleges are privately owned and the rest 6 colleges are owned by public/government organisations. The most common entrance exam for MBA admissions in top MBA colleges in Delhi/NCR is the CAT, although some institutions also consider scores from exams like XAT and CMAT. IIT Delhi, Management Development Institute, and IIM Rohtak are some of the famous MBA colleges in Delhi/NCR. Secure Delhi Top MBA Colleges Direct Admission right now!

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Top MBA Colleges in Delhi NCR Highlights

Delhi Top MBA Colleges Direct Admission

MBA programmes in Delhi/NCR usually have a duration of two years. However, some institutions also offer executive MBA programmes for working professionals, which can have a different time and format. Pursuing an MBA in Delhi NCR provides students with a platform to gain business knowledge, enhance their managerial skills, build a strong professional network, and access promising career opportunities in various sectors.

Among the top 10 MBA colleges in Delhi/NCR. The key highlights related to MBA colleges in Delhi NCR are mentioned below:

Parameters

Particulars/Statistics

Number of MBA colleges in Delhi/NCR

15+

Annual Fees

INR < 1 lakh: 1 college

INR 2-3 lakh: 2 colleges

INR 3-5 lakh: 1 college

INR > 5 lakh: 15 colleges

Top Specialisations

FinanceHuman ResourcesSales and MarketingOperationsBusiness Analytics, etc.

Accepted Entrance Exams

CATXATCMATMATATMA, etc.

Latest Update:

·         The CAT 2024 registration process will commence on Aug 1, 2024 for admission to the MBA course. Secure Delhi Top MBA Colleges Direct Admission right now!

·         ATMA 2024 July session registrations are closed. For admission to MBA/MMS/PGDM courses, the ATMA 2024 July Session exam will be held on Jul 31, 2024 and the result will be announced on Aug 6, 2024.

·         The XAT 2025 registration window for the MBA/PGDM course will be open on Jul 15, 2024. Further, the XAT 2025 exam will be conducted on Jan 5, 2025.

·         The MAT 2024 registration process for the August session is open for IBT Phase 1 and CBT exams, the last date to register is Aug 9, 2024 and Aug 11, 2024, respectively. For the PBT exam, the last date to apply is Aug 18, 2024.

Top MBA Colleges in Delhi NCR with NIRF Ranking 2023

The NIRF (National Institutional Ranking Framework) ranking is an annual ranking system implemented by the Ministry of Education, Government of India. It aims to evaluate and rank higher education institutions in India based on various parameters such as teaching, learning, research, graduation outcomes, perception, and more. The NIRF rankings provide a comprehensive assessment of institutions across different disciplines, including MBA colleges.

The recent year ranking has not been released as yet. However, NIRF ranking from past three years, i.e. from 2021 to 2023 for best MBA college in Delhi NCR are mentioned below:

College Name

NIRF 2021

NIRF 2022

NIRF 2023

Department of Management Studies, IIT Delhi

5

4

5

Management Development Institute

11

13

13

IIM Rohtak

28

16

12

Indian Institute of Foreign Trade, Delhi

25

24

27

Amity University, Noida

N/A

28

28

Jamia Millia Islamia

36

29

25

International Management Institute, New Delhi

26

30

34

IMT Ghaziabad

38

44

38

Jaipuria Noida – Jaipuria Institute of Management

59

51

47

Great Lakes Institute of Management, Gurgaon

N/A

52

62

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Top MBA Colleges in Delhi with Fee Structure

The MBA Fees in Delhi has a wide range according to your pocket. Besides, most MBA colleges in Delhi offer scholarships and waivers and also help you arrange for your education loan. Let’s look at Latest MBA Fees in Delhi for B-schools in different fees brackets: Secure Delhi Top MBA Colleges Direct Admission right now!

Top MBA Colleges in Delhi with Fee less than Rs. 5.00 Lakhs

MBA Colleges in Delhi/NCR

 City

MBA Fee (Rs in Lakhs)

Delhi School of Economics (DSE)-Delhi University

Delhi

1,32,000

University School of Management Studies (USMS) –
Guru Gobind Singh Indraprastha University (GGSIPU), Delhi

Delhi

1,76,000

Faculty of Management Studies (FMS)

New Delhi

2,00,000

Ambedkar University

New Delhi

 3,00,000

University School of Management & Entrepreneurship

New Delhi

3,56,000

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Top MBA Colleges in Delhi NCR with Fee Between Rs. 5-10 Lakhs

MBA Colleges in Delhi/NCR

 City

MBA Fee (Rs in Lakhs)

Accurate Institute of Management And Technology (AIMT)

Greater Noida

6,25,000

Manav Rachna International Institute of Research and Studies (MRIIRS)

Faridabad

6,57,000

GNIOT Institute of Management Studies (GIMS)

Greater Noida

7,38,000

Jaipuria School of Business (JSB)

Ghaziabad

8,20,000

Jagannath International Management School (JIMS Kalkaji)

New Delhi

8,70,000

Apeejay School of Management (ASM)

New Delhi

9,00,000

Jagan Institute of Management Studies (JIMS Rohini)

New Delhi

9,25,000

Institute of Management Studies (IMS)

Ghaziabad

9,50,000

Delhi School of Business (DSB)

New Delhi

9,75,000

Top MBA Colleges in Delhi NCR with Fee Between Rs. 10-15 Lakhs

MBA Colleges in Delhi/NCR

City

MBA Fee (Rs in Lakhs)

Jaypee Business School (JBS)

Noida

10,00,200

Fortune Institute of International Business (FIIB)

New Delhi

10,10,000

CII School of Logistics, Amity University

Noida

10,50,000

Department of Management Studies – IIT Delhi

New Delhi

11,20,000

New Delhi Institute of Management (NDIM)

New Delhi

11,50,000

Sparsh Global Business School (SGBS)

Greater Noida

13,40,000

Birla Institute of Management Technology (BIMTECH)

Greater Noida

14,00,000

Jindal Global Business School (JGBS)

Sonipat

14,10,000

Jaipuria Institute of Management

Noida

14,50,000

Top MBA Colleges in Delhi NCR with Fee Between Rs. 15+ Lakhs

MBA Colleges in Delhi/NCR

 City

MBA Fee (Rs in Lakhs)

SOIL Institute of Management (SOIL)

Gurgaon

15,33,226

Lal Bahadur Shastri Institute of Management (LBSIM)

New Delhi

15,50,200

NTPC School of Business (NSB)

Noida

16,00,000

FORE School of Management (FSM)

New Delhi

18,27,000

Great Lakes Institute of Management (GLIM)

Gurgaon

20,85,000

International Management Institute (IMI)

New Delhi

20,95,230

Institute of Management Technology (IMT)

Ghaziabad

21,53,000

Indian Institute of Foreign Trade (IIFT)

New Delhi

21,77,314

Management Development Institute (MDI)

Gurgaon

24,00,000

Delhi Top MBA Colleges Direct Admission

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Mumbai Top MBA Colleges Direct Admission

Mumbai Top MBA Colleges Direct Admission

There are a total of 4 top MBA colleges in Mumbai all of which are privately owned. CAT, CMAT, MAH CET, NMAT, XAT, etc. are some of the most accepting entrance exams in top MBA colleges in Mumbai. IIM Mumbai, SP Jain Institute of Management and Research, NMIMS School of Business Management, KJ Somaiya Institute of Management, Welingkar Mumbai, etc. We will help you get Mumbai Top MBA Colleges Direct Admission with the help of Trump Career Solution!

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Top Mumbai Colleges

Mumbai Top MBA Colleges Direct Admission

·         IIM Mumbai, SJMSOM IIT Bombay, National Institute of Industrial Engineering, Mumbai, and S. P. Jain Institute of Management & Research are ranked 7, 10, and 20, per NIRF Rankings for 2023.

·         Admission to the top MBA colleges in Mumbai is primarily done through Management Entrance Exams such as CAT, MAT, XAT, NMAT, CMAT, MAH CET, GMAT, and GRE.

·         The average fees for pursuing MBA/ PGDM courses from the top MBA colleges in Mumbai can range between INR 50,000 to INR 30,00,000 per year depending upon the colleges.

·         The top MBA colleges in Mumbai with low fees are K. C. College of Management Studies – [KCCMS] Mumbai, ISMS Mumbai, Mumbai University, and KJSCCETR Mumbai.

·         The best MBA colleges in India offer lucrative placement opportunities with high packages and good ROI. The average CTC is offered between INR 18 LPA to INR 30 LPA.

·         Accenture, Amazon, Axis Bank, HCL, HDFC, etc. are some of the top-notch companies that participate in the placement drives offered by the top MBA colleges in Mumbai.

·         SJMSOM Mumbai, SPJIMR Mumbai, and SBM NMIMS Mumbai are the best colleges in Mumbai for MBA in Finance and are ranked among the top 10 MBA colleges in Mumbai.

Top MBA Colleges in Mumbai with The Times Ranking

The Times is an English daily newspaper and digital media and the third-largest newspaper in India by circulation. It is one of the largest-selling English-language daily newspapers in the world. Together Optimal Media Solutions – The Times and Avance India have surveyed and released a list of Top Engineering colleges in India.

K.J. Somaiya Institute of Management Mumbai is the best MBA college in Mumbai, as per The Times ranking. Tabulated below are the top MBA colleges in Mumbai ranked by The Times.

The Times Ranking

College Name 

7

K.J. Somaiya Institute of Management, Mumbai

22

SIES Management Institutes, Navi Mumbai

23

N.L Dalmia Institute of Management Studies And Research, Mumbai

26

Universal Business School, Mumbai

28

Institute For Technology And Management, Kharghar, Navi Mumbai

28

MET Institute of Management, Bandra West, Mumbai

35

Amity Business School, Amity University, Mumbai

36

Durgadevi Saraf Institute of Management Studies, Mumbai

55

Aditya Institute of Management Studies And Research, Mumbai

63

Kohinoor Business School, Mumbai

69

D Y Patil (Deemed To Be University) School of Management, Navi Mumbai

69

Oriental Institute of Management, Navi Mumbai

74

Lala Lajpatrai Institute of Management, Mumbai

82

Vivekanand Education Society’s Business School, Mumbai

82

GNVS Institute of Management, GTB Nagar, Mumbai

84

Sasmira’s Institute of Management Studies And Research, Mumbai

119

Vivekanand Education Society’s Institute of Management Studies And Research, Mumbai

145

Indira Institute of Business Management, Navi Mumbai

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Top MBA Colleges in Mumbai with India Today Ranking

India Today is the leading English news magazine & newspaper in India. It is one of the most popular newspapers in India and is published by Living Media India Limited every week. A marketing and research firm from Delhi named The Marketing & Development Research Associates (MDRA) and India Today in partnership conduct a college ranking survey. It ranked Indian colleges in fields like Science, Arts, Commerce, Management, Engineering, etc. We will help you get Mumbai Top MBA Colleges Direct Admission with the help of Trump Career Solution!

As per India Today’s ranking, SPJIMR Mumbai is the best MBA college in Mumbai ranked at 4th place followed by NMIMS Mumbai at 9th place. Below is the list of top MBA colleges in Mumbai ranked by India Today.

·         NITIE Mumbai, which wasn’t included in the list last year, is ranked 11th position in India now.

·         KJ SIMSR Mumbai has secured 25th position, followed by L N Welingkar Institute of Management Development and Research and SIMSREE Mumbai at 39 and 80th place respectively.

·         IES Management College and Research Center still rank at 144th position, but it has shown a tremendous improvement by 24.

·         N L Dalmia Institute of Management Studies and Research and Atharva Institute of Management Studies are some other top MBA colleges in Mumbai ranked by India Today.

College Name

India Today Ranking

SP Jain Institute of Management and Research (SPJIMR)

4

Narsee Monjee Institute of Management Studies (NMIMS)

9

National Institute of Industrial Engineering (NITIE)

11

K J Somaiya Institute of Management Studies and Research (KJ SIMSR)

25

L N Welingkar Institute of Management Development and Research

33

Sydenham Institute of Management Studies, Research, and Entrepreneurship Education (SIMSREE)

39

N L Dalmia Institute of Management Studies and Research

80

Universal Business School

86

IES Management College and Research Center

144

Atharva Institute of Management Studies

171

Top MBA Colleges in Mumbai with Low Fees

The average fees for pursuing MBA courses from the top MBA colleges in Mumbai can range between INR 55,000 – 23 Lakhs per year. Listed below are the top MBA colleges in Mumbai with low fees: We will help you get Mumbai Top MBA Colleges Direct Admission with the help of Trump Career Solution!

College/ University Name

Average Annual fees 

Indian School of Management & Studies – [ISMS], Mumbai

INR 44,900 (Total Fees)

Mumbai University – [MU], Mumbai

INR 50,000 (Total Fees)

K. J. Somaiya Comprehensive College of Education Training and Research – [KJSCE], Mumbai

INR 39,390

Garware Institute of Career Education and Development – [GICED]

INR 71,000

Indian Institute of Business Management and Studies – [IIBMS], Mumbai

INR 42,800 (Total Fees)

K. C. College of Management Studies – [KCCMS], Mumbai

INR 45,000 (Total Fees)

Kaizen School of Business Management – [KSBM], Mumbai

INR 39,900 (Total Fees)

Savitribai Phule Pune University – [SPPU], Mumbai

INR 18,500 (Total Fees)

Zenith Institute of Business Management – [ZIBM], Mumbai

INR 61,000 (Total Fees)

National Academy of Management Studies – [NAMS], Mumbai

INR 25,000 (Total Fees)

Mumbai Top MBA Colleges Direct Admission

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Top Colleges in Mumbai Management Quota Direct MBA Admission

Top Colleges in Mumbai Management Quota Direct MBA Admission

Top MBA colleges in Mumbai include IIM (NITIE) Mumbai, Shailesh J. Mehta School of Management- [IIT Bombay], SPJIMR, SBM NMIMS, etc. Mumbai, known as the “City of Dreams” and “Financial Capital of India,” is home to 132 MBA colleges, of which 114 are Private and 10 are MBA Government colleges in Mumbai. A total of 58 MBA colleges in Mumbai are approved by AICTE, while 16 are approved by UGC. Secure Top Colleges in Mumbai Management Quota Direct MBA Admission right now!

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Top 10 MBA Colleges in Mumbai

Top Colleges in Mumbai Management Quota Direct MBA Admission

Mumbai, the financial capital of India, is a preferred MBA destination offering quality education and job opportunities. If you are planning to pursue MBA from Mumbai and are searching for the best MBA colleges in Mumbai, you are at the right place. MBAUniverse.com has researched 50+ MBA colleges in Mumbai and presents list of MBA colleges in Mumbai, with latest Placements, Fee, Cut offs to help you choose the right MBA college in Mumbai.

Mumbai is home to approximately 126 MBA colleges. The best MBA college in Mumbai is IIM Mumbai with a seat intake of 338 MBA/PGDM seats. IIM Mumbai improved its ranking, moving up to 7th place in 2023 from 9th in 2022. Below are the top 10 MBA colleges in Mumbai with MBA/PDM seat intake.

College/ University Name

MBA/PGDM Seat Intake 

IIM Mumbai (NITIE)

338

Shailesh J. Mehta School of Management, IIT Bombay, Mumbai

172

S.P. Jain Institute of Management and Research, Mumbai

720

NMIMS School of Business Management, Mumbai

990

Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai

12,830

K J Somaiya Institute of Management, Mumbai

660

Universal Business School, Mumbai

860

Amity University, Mumbai

NA

N.L. Dalmia Institute of Management Studies and Research, Mumbai

420

Vivekanand Business School (VBS), Mumbai 

180

Top MBA Colleges in Mumbai Ranking

Rankings of the top colleges in India are released by various agencies every year. These agencies release different lists like Top MBA Colleges in India, Top MTech Colleges in India, etc. Based upon different parameters like Perception of the College, Placements, Teacher-Student Ratio, etc., these lists are also released for different cities and states in India. Secure Top Colleges in Mumbai Management Quota Direct MBA Admission right now!

Some of the top agencies in India releasing such lists are NIRF, India Today, Economic Times, etc. Listed below is the ranking of top MBA colleges in Mumbai with fees.

Top MBA Colleges in Mumbai with NIRF Ranking 2023

NIRF (National Institutional Ranking Framework) is the premier ranking agency in India and is run by the Ministry of Education, Government of India. It releases the ranking lists for different colleges in India divided into 8 categories. NIRF ranks a college based on various parameters like teaching, placement, etc.

NIRF Ranking 2023

MBA Colleges in Mumbai

NIRF Score

7

National Institute of Industrial Engineering, Mumbai

71.99

10

Indian Institute of Technology Bombay

68.11

20

S.P. Jain Institute of Management & Research

60.91

21

SVKM`s Narsee Monjee Institute of Management Studies

60.84

45

K J Somaiya Institute of Management Studies and Research

52.14

73

Principal L N Welingkar Institute of Management Development and Research

48.21

Top MBA Colleges in Mumbai With Fees

The top MBA colleges in Mumbai offer MBA courses at average fees ranging between INR 50,000 to INR 23 lakhs. Given below is the list of top MBA colleges in Mumbai with fees.

College/ University Name

Average Annual fees 

Shailesh J. Mehta School of Management, IIT Bombay, Mumbai

INR 4,91,000

S.P. Jain Institute of Management and Research, Mumbai

INR 20,42,000 (Total Fees)

Jamnalal Bajaj Institute of Management Studies -[JBIMS], Mumbai

INR 3,50,000

National Institute of Industrial Engineering (NITIE), Mumbai

INR 7,03,000

NMIMS School of Business Management, Mumbai

INR 71,000

Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai

INR 6,50,000

Jagdish Sheth School of Management – [JAGSOM], Mumbai

INR 22,40,000 (Total Fees)

K J Somaiya Institute of Management, Mumbai

INR 9,59,000

Vivekanand Business School – [VBS], Mumbai

INR 4,50,000

SIES School of Business Studies – [SIES SBS], Mumbai

INR 4,50,000

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Top MBA Colleges in Mumbai: ROI (Return on Investment)

ROI or Return on Investment tells how profitable it is to pursue a particular course from a particular college. Listed below are some of the top private MBA colleges in Mumbai ROI-wise. Secure Top Colleges in Mumbai Management Quota Direct MBA Admission right now!

Name of the College

Course Fee (in INR)

Average Annual Package (In INR)

Shailesh J. Mehta School of Management, IIT Bombay

8,67,000

21,96,000

Prin. L. N. Welingkar Institute of Management Development and Research – Online Distance Learning Center

17,250

8,61,000

SPJIMR, Mumbai

17,50,000

19,50,000

National Institute of Industrial Engineering

12,53,000

10,88,000

Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS University, Mumbai

20,87,000

15,00,000

Top MBA Colleges in Mumbai with Placement

All the top MBA colleges in Mumbai have a consistently high placement record. They register strong placements with high average salary in the range of Rs.10 to 33 lakhs per annum. Check the list of top MBA/PGDM colleges in Mumbai with Placement

MBA college in Mumbai with Placements

Average Salary in Placements 2023/latest placements (Rs.in lakhs)

SPJIMR, Mumbai

Rs. 33.02 LPA

SJMSoM-IIT Bombay

Rs. 28.88 LPA

JBIMS Mumbai

Rs. 28.02 LPA

Tata Institute of Social Sciences (TISS) Mumbai

Rs. 27.22 LPA

IIM Mumbai (NITIE)

Rs. 29.06 LPA

BITS School of Management – BITSOM, Mumbai

Rs. 23.85 LPA

NMIMS, Mumbai

Rs. 26.63 LPA

K J Somaiya Institute of Management Mumbai

Rs. 14.00 LPA

IIM Nagpur

Rs. 16.74 LPA

SDA Bocconi Asia Center Mumbai

Rs. 14.30 LPA

SIMSREE Mumbai

Rs. 15.19 LPA

Prin L N Welingkar Institute of Management Development and Research

Rs. 12.25 LPA

IMT Nagpur

Rs. 10.60 LPA

SIES Navi Mumbai

Rs.  9.11 LPA

ITM Navi Mumbai

Rs.  8.65 LPA

N. L. Dalmia Institute of Management Studies and Research, Mumbai

Rs.  8.51 LPA

SP Jain School of Global Management – Dubai – Mumbai – Singapore – Sydney

Rs. 22.00 LPA

MET Mumbai

Rs.  8.0 LPA

ATLAS SkillTech University Mumbai

Rs. 7.80 LPA

Kohinoor Business School, Mumbai

Rs. 7.50 LPA

Vivekanand Business School (VBS)

Rs. 8.0 LPA

IBS Mumbai: ICFAI Business school

Rs. 7.14 LPA

Top Colleges in Mumbai Management Quota Direct MBA Admission

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