Best MBA Colleges in Mumbai: Ranking 2025, Fees, Admissions, Courses, Placements
Best MBA Colleges in Mumbai: Ranking 2025, Fees, Admissions, Courses, Placements
There are about 160+ best MBA colleges in Mumbai. Of these, 111 colleges are privately owned and 11 colleges are owned by public/government organisations. CAT, CMAT, XAT, MAT, and ATMA are some of the most accepted entrance exams in top MBA colleges in Mumbai. NMIMS School of Business Management, Whistling Woods International, National Institute of Industrial Engineering, S.P. Jain Institute of Management and Research, NMIMS, K J Somaiya Institute of Management, Shailesh J. Mehta School of Management, etc. are some of the popular MBA colleges in Mumbai.
Latest Update:
- The MAT 2025 registration process for the Feb session is open for PBT and CBT; the last date to apply is Mar 2 and Mar 9, 2025, respectively. Further, MAT 2025 PBT and CBT will be scheduled on Mar 9 and Mar 23, 2025, respectively.
- The MAH MBA CET 2025 registrations are open for admission to MBA/PGDM and MMS courses,
There are about 160+ best MBA colleges in Mumbai. Of these, 111 colleges are privately owned and 11 colleges are owned by public/government organisations. CAT, CMAT, XAT, MAT, and ATMA are some of the most accepted entrance exams in top MBA colleges in Mumbai. NMIMS School of Business Management, Whistling Woods International, National Institute of Industrial Engineering, S.P. Jain Institute of Management and Research, NMIMS, K J Somaiya Institute of Management, Shailesh J. Mehta School of Management, etc. are some of the popular MBA colleges in Mumbai.
Latest Update:
- The MAT 2025 registration process for the Feb session is open for PBT and CBT; the last date to apply is Mar 2 and Mar 9, 2025, respectively. Further, MAT 2025 PBT and CBT will be scheduled on Mar 9 and Mar 23, 2025, respectively.
- The MAH MBA CET 2025 registrations are open for admission to MBA/PGDM and MMS courses, and the last date to apply is Jan 25, 2025. The MAH MBA CET 2025 exam will be held on Mar 17, 18, and 19, 2025.
- The XAT 2025 exam will be conducted on Jan 5, 2025.
- The CMAT 2025 exam will be held on Jan 25, 2025.
Table of Contents
- Best MBA Colleges in Mumbai: Highlights 2025
- Best MBA Colleges in Mumbai with NIRF Ranking 2024
- Best MBA Colleges in Mumbai: Admissions 2025
- Best MBA Colleges in Mumbai: Exam Schedule 2025
- Best MBA Colleges Accepting MAH CET in Mumbai
- Best Private MBA Colleges in Mumbai: Fees, Admission, Seat Intake, Eligibility, Exams
- Best Govt. MBA Colleges in Mumbai: Fees, Admission, Seat Intake, Eligibility, Exams
- Best MBA Colleges in Mumbai: Region-wise
- Distance MBA Colleges in Mumbai
- Online MBA Colleges in Mumbai
- Best MBA Colleges in Mumbai: Courses and Fees
- Best MBA Colleges in Mumbai: Fees vs Salary
- Highest Salary Offered by Best MBA Colleges in Mumbai
- Low-cost MBA Colleges in Mumbai
- Specialisations Offered by Best MBA Colleges in Mumbai
- Best MBA Colleges in Mumbai: Cutoff 2024
- Best MBA Colleges in Mumbai: Comparison
Best MBA Colleges in Mumbai: Highlights 2025
A postgraduate degree curriculum called the Master of Business Administration (MBA) offers advanced management and business training. The course will give students the knowledge and abilities they need to be successful in leadership positions. MBA programmes provide a strong emphasis on helping students improve their analytical, critical-thinking, and decision-making abilities. Students who pursue an MBA can benefit from improved teamwork and communication skills.
The key highlights related to the best MBA college in Mumbai are mentioned below:
Parameters |
Particulars/Statistics |
---|---|
Number of MBA Colleges |
160+ |
Annual Fees |
INR < 1 lakh: 3 colleges INR 1-2 lakh: 15 colleges INR 2-3 lakh: 24 colleges INR 3-5 lakh: 27 colleges INR > 5 lakh: 82 colleges |
Top MBA Institutes in Mumbai |
NMIMS School of Business Management, National Institute of Industrial Engineering, S.P. Jain Institute of Management and Research, NMIMS, K J Somaiya Institute of Management, etc. |
Top Specialisations |
Finance, Human Resources, Sales and Marketing, International Business, etc. |
Accepted Entrance Exams |
Disclaimer: This information is sourced from the official website and may vary.
Predict your chances here: MBA Cutoff 2024 Predictor
Best MBA Colleges in Mumbai with NIRF Ranking 2024
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 table below shows the best MBA college in Mumbai along with NIRF ranking from past three years, i.e. from 2022 to 2024 are mentioned below:
College Names |
NIRF 2022 |
NIRF 2023 |
NIRF 2024 |
---|---|---|---|
9 |
7 |
6 | |
21 |
20 |
20 | |
SVKM`s Narsee Monjee Institute of Management Studies Ranking |
25 |
21 |
21 |
K J Somaiya Institute of Management Studies and Research Ranking |
71 |
45 |
63 |
Principal L N Welingkar Institute of Management Development and Research Ranking |
68 |
73 |
84 |
Disclaimer: This information is sourced from the official website of the ranking body listed and may vary.
READ MORE: MBA Courses
Best MBA Colleges in Mumbai: Admissions 2025
The general eligibility criteria to get admission to MBA colleges in Mumbai are listed below:
- Candidates should have a bachelor's degree or equivalent qualification in any discipline from a recognised university or institution with a minimum of 50% aggregate.
- Many MBA colleges in Mumbai consider scores from national-level entrance exams such as CAT, CMAT, or MAT. Candidates are required to meet the minimum cutoff scores set by the respective colleges.
Best MBA Colleges in Mumbai: Exam Schedule 2025
The most popular entrance exams accepted by various MBA colleges in Mumbai are mentioned below:
- MAH CET: Maharashtra Common Entrance Test or MAH CET is a management entrance test. Officially known as MAH MBA/MMS-CET, the exam is conducted by the State Common Entrance Test Cell, Maharashtra, for admission to management courses in various institutes in the state of Maharashtra.
- CAT: Common Admission Test or CAT is a national level management aptitude test which is conducted by the IIM for admission to the MBA courses offered by its 21 campuses and over 1,200 B-schools in India. NITIE Mumbai has been added to the cluster as IIM Mumbai. Over two lakh candidates apply for the CAT exam every year. In CAT 2024, the registration set a new record with 3.30 lakh applications.
- CMAT: Common Management Admission Test (CMAT) is a business aptitude test conducted by the National Testing Agency (NTA) for admission to MBA/PGDM courses. Earlier, it used to be conducted by AICTE. CMAT is the third most popular MBA entrance exams in India after CAT and XAT. About 70,000 candidates appear for the CMAT every year. CMAT score is accepted by about 1,300 B-schools (government and private) in India including Great Lakes Institute of Management, JBIMS, SIMSREE, K J Somaiya Mumbai, Welingkar Mumbai and PUMBA. The CMAT question paper consists of 100 questions from Quantitative Techniques & Data Interpretation, Logical Reasoning, Language Comprehension, General Awareness and Innovation and Entrepreneurship. The CMAT question paper is of easy to moderate difficulty level.
Listed below are the following admission dates for the best MBA college in Mumbai along with their schedule:
Exam Name |
Dates |
Schedule |
---|---|---|
ATMA 2024 Exam |
22 Dec '24 |
|
MAH CET 2025 Exam |
Mar '25 |
|
CAT 2024 Exam |
24 Nov '24 |
|
MAT CBT Exam 2025 | 23 Mar '25 | |
XAT 2025 Exam |
5 Jan ‘25 |
|
CMAT 2025 Exam |
25 Jan '25 |
What are the entrance exams accepted by Top MBA Colleges in Mumbai?
The table below shows the various entrance exams accepted by top MBA colleges in Mumbai along with their number of colleges and cutoff 2024 predictor:
Entrance Exams |
Number of Colleges |
Cutoff 2024 Predictor |
---|---|---|
MAH CET |
102 |
|
CAT |
75 |
|
CMAT |
61 |
|
XAT |
62 |
|
MAT |
60 |
|
ATMA |
55 |
Also Read: What After MAH MBA CET Result 2024?
Also Read:
- List of colleges accepting MAH MBA CET score in India
- List of colleges accepting MAH MBA CET score in Mumbai
- List of colleges accepting MAH MBA CET score in Navi Mumbai
- List of colleges accepting MAH MBA CET score in Solapur
- List of colleges accepting MAH MBA CET score in Amravati
Best MBA Colleges Accepting MAH CET in Mumbai
The table below shows the top MBA colleges accepting MAH CET in Mumbai along with their total tuition fees:
MBA Colleges | Total Tuition Fee |
---|---|
SBM NMIMS Mumbai | INR 8 lakh - INR 24 lakh |
K J Somaiya Institute of Management | INR 17 lakh |
MET Institute of Management | INR 3 lakh |
Chetana's Institute of Management and Research | INR 7 lakh - INR 9 lakh |
Universal AI University | INR 9 lakh - INR 16 lakh |
Disclaimer: This information is sourced from the official website.
Best Private MBA Colleges in Mumbai: Fees, Admission, Seat Intake, Eligibility, Exams
Among the top 10 MBA colleges in Mumbai with fee structure. The table below shows some of the private Mumbai MBA colleges along with their total tuition fee/seat intake and eligibility criteria/exams:
Private Colleges |
Total Tuition Fee/Seat Intake |
Exams/Eligibility Criteria |
---|---|---|
INR 13 lakh – INR 25 lakh Seats: 1,350 |
Exams: NMAT, MAH CET Eligibility: Graduation with 50% aggregate |
|
INR 15 lakh – INR 24 lakh Seats: 880 |
Exams: GMAT, CAT, MAT, etc. Eligibility: Graduation with 50% aggregate |
|
INR 9 lakh – INR 16 lakh Seats: 800 |
Exams: CAT, MAH CET, CMAT, etc. Eligibility: Graduation with 50% aggregate |
|
K J Somaiya Institute of Management Admission | INR 12 lakh - INR 19 lakh Seats: 660 |
Exams: XAT, CAT, NMAT, etc. Eligibility: Graduation with 50% aggregate |
SIES College of Management Studies Admission | INR 5 lakh - INR 7 lakh Seats: 210 |
Exams: CAT, MAT, XAT, etc. Eligibility: Graduation with 50% aggregate |
Disclaimer: This information is sourced from the official website/ sanctioning body and may vary.
READ MORE: MBA Syllabus
Best Govt. MBA Colleges in Mumbai: Fees, Admission, Seat Intake, Eligibility, Exams
Among the top 10 MBA colleges in Mumbai with fee structure. The table below shows some of the government Mumbai MBA colleges along with their total tuition fee:
Public/Government Colleges |
Total Tuition Fee/Seat Intake |
Exams/Eligibility Criteria |
---|---|---|
INR 14 lakh |
Exams: CAT Eligibility: Graduation with 50% aggregate |
|
INR 3 lakh – INR 20 lakh Seats: 172 |
Exams: CAT Eligibility: Graduation with 50% aggregate |
|
Sasmira's Institute of Management Studies and Research Admission | INR 3 lakh Seats: 180 |
Exams: CAT, MAT, XAT, MAH CET, etc. Eligibility: Graduation with 50% aggregate |
INR 2 lakh – INR 7 lakh Seats: 300 |
Exams: CAT, MAT, NMAT, etc. Eligibility: Graduation with 50% aggregate |
|
INR 2 lakh Seats: 200 |
Exams: MAH CET, CMAT Eligibility: Graduation with 50% aggregate |
Disclaimer: This information is sourced from the official website/ sanctioning body and may vary.
READ MORE: MBA Admission 2024
Best MBA Colleges in Mumbai: Region-wise
The table below shows the region-wise distribution of MBA in Mumbai colleges along with their names and number of colleges:
Regions |
Number/Names of Colleges |
---|---|
Pune |
259 (National Institute of Bank Management, Symbiosis Institute of Business Management, Pune Institute of Business Management, etc.) |
Nagpur |
64 (IIM Nagpur, IMT Nagpur, Datta Meghe Institute of Management Studies, etc.) |
Nashik |
39 (Sandip Institute of Technology and Research Centre, MET League of Colleges, Bhujbal Knowledge City, Sandip University, etc.) |
Ahmednagar |
25 (Sanjivani College of Engineering, Amrutvahini College of Engineering, Global Institute of Management, etc.) |
Aurangabad |
22 (MGM Institute of Management and Research, Deogiri Institute of Engineering and Management, Dr. Babasaheb Ambedkar Marathwada University, etc.) |
To learn more about MBA colleges in different regions, click on the link given below:
- MBA Colleges in Pune
- MBA Colleges in Nagpur
- MBA Colleges in Nashik
- MBA Colleges in Maharashtra
- MBA Colleges in Ahmedabad
- MBA Colleges in Aurangabad
READ MORE: MBA Preparation Tips
Distance MBA Colleges in Mumbai
The table below shows the top distance MBA colleges in Mumbai along with their total tuition fees:
College Names | Total Tuition Fee |
---|---|
Institute of Distance and Open Learning, University | INR 19,000 - INR 1 lakh |
IIBMS | INR 41,000 - INR 51,000 |
K. C. College of Management Studies | INR 8,000 |
MIT School of Distance Education, Navi Mumbai | INR 37,000 - INR 68,000 |
Mumbai College of Hotel Management and Catering Technology | INR 1 lakh |
Disclaimer: The above statistics are based on the latest data.
Online MBA Colleges in Mumbai
There are about 30+ Online MBA colleges in Mumbai. Some of them are mentioned below along with their tuition fees:
Online MBA | Tuition Fee |
---|---|
SPJIMR Mumbai | INR 10 lakh |
Welingkar Mumbai | INR 61,000 - INR 1 lakh |
Amity University Online | INR 2 lakh - INR 3 lakh |
Parul University Online | INR 90,000 |
Online Manipal | INR 3 lakh - INR 6 lakh |
Disclaimer: The above statistics are based on the latest data.
Best MBA Colleges in Mumbai: Courses and Fees
The table below shows the various courses offered by the best MBA colleges in Mumbai along with their total tuition fees:
College Names | Courses Offered | Total Tuition Fee |
---|---|---|
SBM NMIMS Mumbai | MBA in Business Analytics, MBA in Healthcare Management, MBA in HR, etc. | INR 8 lakh - INR 24 lakh |
SPJIMR Mumbai | PGDM in Business Management | INR 15 lakh - INR 24 lakh |
K J Somaiya Institute of Management | MBA in Healthcare Management, MBA in Sports Management, etc. | INR 17 lakh |
MET Institute of Management | MMS | INR 3 lakh |
Disclaimer: The above statistics are based on the latest data.
Best MBA Colleges in Mumbai: Fees vs Salary
Return on Investment (ROI) measures the advantage or profit you will receive from a certain course. Return on Investment (ROI) measures the profit or advantage you will receive if you enroll in a degree at a specific university. It evaluates the candidate's return on investment for the fees paid while they were studying and the return they received in the form of placements.
The table below shows the MBA fees in Mumbai and annual average package:
College Names |
Total Tuition Fee |
Annual Average Package |
---|---|---|
INR 8 lakh – INR 24 lakh |
INR 7 LPA - INR 19 LPA |
|
INR 14 lakh |
INR 28 LPA |
|
INR 15 lakh – INR 24 lakh |
INR 3 LPA – INR 32 LPA |
|
INR 5 lakh – INR 7 lakh |
INR 8 LPA |
Disclaimer: The above statistics are based on the latest data.
Highest Salary Offered by Best MBA Colleges in Mumbai
Refer to the table below for a detailed overview of the top MBA colleges in Mumbai along with their average placement package and the prominent recruiters:
College Name |
Annual Average Package |
Top Recruiters |
---|---|---|
INR 7 LPA - INR 19 LPA |
KPMG, Infosys, Cognizant, EXL, ITC, etc. | |
INR 28 LPA |
Amazon, ITC, EY, Flipkart, Microsoft, etc. | |
INR 3 LPA – INR 32 LPA |
Castrol, Godrej, Barclays, CISCO, KPMG, etc. | |
INR 8 LPA |
BigBasket, Tata Motor Finance, Federal Bank, HDFC Bank, etc. |
Disclaimer: This information is sourced from the official website/media reports/NIRF website and may vary.
READ MORE: Career After MBA
Low-cost MBA Colleges in Mumbai
It is estimated that joining MBA colleges in Mumbai can be expensive, but we have identified some affordable options with tuition fees of less than INR 1 lakh and between INR 1-2 lakh.
Low-cost Colleges | Total Tuition Fee |
---|---|
Welingkar Mumbai | INR 94,000 |
National Institute of Management and Research Studies | INR 1.5 lakh |
Jankidevi Bajaj Institute of Management Studies | INR 1.7 lakh |
NAEMD | INR 1.8 lakh |
Indian Institute of Materials Management | INR 81,000 |
Disclaimer: This information is sourced from the official website.
Specialisations Offered by Best MBA Colleges in Mumbai
The table below shows the top specializations offered by various MBA colleges in Mumbai along with their number of colleges:
Top Specialisations | Number of Colleges |
---|---|
Finance | 63 (SPJIMR Mumbai, KJ SOmaiya Institute of Management, SBM NMIMS Mumbai, etc.) |
Sales & Marketing | 63 (Universal AI University, N.L. Dalmia Institute of Management Studies and Research, Vivekanand Business School (VBS), etc.) |
Human Resources | 50 (K J Somaiya Institute of Management, Prin. L. N. Welingkar Institute of Management Development & Research, SBM NMIMS Mumbai, etc.) |
Operations | 37 (IIM Mumbai, SPJIMR Mumbai, SBM NMIMS Mumbai, etc.) |
Media Management | 4 (Whistling Woods International, K. C. College of Management Studies, Thadomal Shahani Centre for Management, etc.) |
IT & Systems | 31 (SPJIMR Mumbai, MET Institute of Management, Chetana's Institute of Management and Research, etc.) |
Best MBA Colleges in Mumbai: Cutoff 2024
To know the cutoff 2024 details of the top MBA colleges in Mumbai, click on the below link:
- NMIMS School of Business Management Cutoff 2024
- IIM Mumbai (formerly known as NITIE) Cutoff 2024
- SP Jain (SPJIMR) Cutoff 2024
- K J Somaiya Institute of Management Cutoff 2024
Best MBA Colleges in Mumbai: Comparison
Listed below are the comparison of top MBA colleges in Mumbai:
Best MBA Colleges in Mumbai: Ranking 2025, Fees, Admissions, Courses, Placements
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- Top MBA Colleges in Mumbai 2025
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- MBA Colleges accepting CAT in India
- MBA Colleges accepting MAT in India
- MBA Colleges accepting SNAP in India
- MBA Colleges accepting XAT in India