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
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 |
|
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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