Which is the No. 1 MBA college in Mumbai as per NIRF 2024?

IIM Mumbai emerged to be as the No. 1 MBA college in Mumbai followed by other colleges. LIsted below are some of the colleges along with their NIRF ranking over the past three years, i.e. from 2022 to 2024: College Names NIRF 2022 NIRF 2023 NIRF 2024 IIM Mumbai (formerly known as NITIE) Ranking 9 7 6 S.P. Jain Institute of Management & Research Ranking 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

What are the affordable 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 Lacs 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

Is it worth doing an MBA from Mumbai?

Joining an MBA college in Mumbai can be worthwhile for you. For that, you need to check its ROI. Listed below are some of the colleges along with their total tuition fees and average placement package: College Names Total Tuition Fee Annual Average Package NMIMS School of Business Management MBA INR 8 lakh – INR 24 lakh INR 7 LPA - INR 19 LPA IIM Mumbai (formerly known as NITIE) MBA INR 14 lakh INR 28 LPA S.P. Jain Institute of Management and Research MBA INR 15 lakh – INR 24 lakh INR 3 LPA – INR 32 LPA SIES College of Management Studies MBA INR 5 lakh – INR 7 lakh INR 8 LPA Hope this information proves beneficial for you!!

What is the eligibility criteria to get admission in top MBA colleges in Mumbai?

The prerequisites for MBA courses can vary from one college to another. However, the following are the fundamental requirements for admission to Mumbai's best MBA college: As a baseline requirement for admission to the MBA (full-time) programme, candidates must have earned their bachelor's degree in any discipline or its equivalent from an accredited university. The majority of institutions adhere to the average or equivalent minimum score requirement of 50% for graduation. The required overall score for students in the reserved category is 45%. Candidates for graduation who are in their final year may also apply for an MBA if they can offer documentation that their degree was earned within the institute-specified time frame.

Can I do MBA without giving any entrance exam?

In rare circumstances, it is possible to pursue an MBA without taking any entrance exam. The CAT, MAT, GMAT, XAT, and other standardized entrance exams are required for admission to many MBA programs worldwide. If you are not planning to take the CAT in 2024, listed below are some direct admission eligibility criteria to help you be accepted into MBA programs. The minimum score required in the UG level examination may differ from one college to another, however, the student must have scored at least 50%-65% aggregate in his or her graduation. For the reserved category, the score should at least be 45% aggregate. Some institutes accept other competitive exam scores such as XAT, MAT, GMAT, NMAT, ATMA, SNAP, etc. If you did not appear for the CAT exam and still wish to get admission to the best MBA colleges in India without CAT, then, here is a list of top MBA institutes that give admissions based on different entrance criteria or exams. MBA Colleges/ Institutes MBA Exam Score Accepted SIBM, Pune SNAP XLRI, Jamshedpur XAT Xavier University, Bhubaneshwar XAT, X-GMT Indian School of Business, Hyderabad GMAT Amity University XAT/GMAT/MAT/CAT/NMAT

What is the placement package offered to MBA graduates in Mumbai?

SP Jain Institute of Management and Research offeredthe the highest placement package ranging between INR 3 LPA - INR 32 LPA, and the prominent recruiters participated include Castrol, Godrej, Barclays, CISCO, KPMG, etc. Refer to the table below for a detailed overview of some of the top MBA colleges in Mumbai along with their average placement package and the prominent recruiters: College Name Annual Average Package Top Recruiters NMIMS School of Business Management Placements INR 7 LPA - INR 19 LPA KPMG, Infosys, Cognizant, EXL, ITC, etc. IIM Mumbai (formerly known as NITIE) Placements INR 28 LPA Amazon, ITC, EY, Flipkart, Microsoft, etc. S.P. Jain Institute of Management and Research Placements INR 3 LPA – INR 32 LPA Castrol, Godrej, Barclays, CISCO, KPMG, etc. SIES College of Management Studies Placements INR 8 LPA BigBasket, Tata Motor Finance, Federal Bank, HDFC Bank, etc.

What is the MAH MBA CET syllabus?

The syllabus of MAH MBA CET includes the following: Logical and Abstract Reasoning: Arrangements, Family tree, Coding-Decoding, Direction, Clock and Calendars, Groups and Conditionality, Number Series, Venn Diagrams, Syllogisms, Odd Word Out, Analogies, Blood Relations, Proposition, Direction Sense, Assumptions, Puzzles, Binary Logic, Clock and Calendars, Sets and Caselets, etc. Quantitative Aptitude: Geometry, Trigonometry, Algebra, Mensuration, Partnership (Accounts), Profit and Loss, Mean, mode, median, Ratio and Proportion, In-Equations, Quadratic and Linear equations, Surds and Indices, Time-Speed-Distance, Number System, Geometric Progression, Binomial theorem, Inequalities, Work and Time, Percentage, Logarithms, Square Root and Cube Root, Probability and Simple Interest and Compound Interest. Verbal Ability and Reading Comprehension: Reading comprehension, selling/appropriate usage, fill in the banks, para jumbles, vocabulary, antonyms and synonyms, error correction, sentence completion and word arrangement, grammar, one-word substituting and verbal ability.

How to prepare for CAT exam?

A well-balanced approach is essential for success in the CAT exam, aspirants must be aware. Six to eight hours of daily study time must be included in the CAT 2024 preparation schedule. Working professionals must set aside at least four hours each day and eight hours on weekends for preparation. You must concentrate on the most crucial subjects that will help you earn good marks during the last stage of exam preparation. See the generic CAT exam preparation technique listed below, which any applicant can use to create a comprehensive study schedule. Step 1: Carefully review the CAT 2024 syllabus and comprehend the CAT exam pattern 2024. Step 2: Obtain CAT books and other suggested literature. Step 3: Join online MBA study groups on sites like Facebook, WhatsApp, Quora, YouTube, and Telegram. Step 4: Create a monthly schedule, a weekly schedule, and a daily schedule. Step 5: For the best outcomes, follow the timetable and preparation plan for the CAT. To Read More: How to prepare for CAT entrance exam?

Which city has the largest number of MBA colleges in Mumbai?

Pune has the largest number of MBA colleges, i.e. 259 which include National Institute of Bank Management, Symbiosis Institute of Business Management, Pune Institute of Business Management, etc. The distribution of Mumbai's MBA colleges by location is shown in the table below, along with the colleges' names and numbers: 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.)

What is the difficulty level of MAH MBA CET?

MAH MBA CET is a moderately difficult exam. It’s difficulty level is lower than CAT but higher than MAT or ATMA. A major factor that makes MAH CET a difficult test to crack is that the questions are presented in random order and sectional weightage vary in every slot. So, candidates cannot anticipate or plan how many and which type of questions to get to their target score. Also, the MAH MBA CET is dominated by Logical Reasoning questions and there are comparatively less Quantitative Aptitude questions. Since, there is no set pattern, candidates cannot pre-plan. They need to make a strategy and implement it as soon as they see the question paper. So, those who can think on their feet and can crack the exam better than others.

What job profiles are available to students after completing an MBA degree?

Hi, Following an MBA, the highest-paying jobs in India range in salary from INR 5 to 30 LPA. Following are some of the well-liked post-MBA career possibilities and their associated salaries: MBA job profiles Average salary (INR) Finance Manager 17.3 LPA Marketing Manager 12.5 LPA Sales Manager 6.6 LPA Human Resources Manager 12.1 LPA Operations Manager 10.7 LPA Product Manager 20.8 LPA Data Analytics Manager 29.4 LPA Digital Marketing Manager 11.8 LPA NOTE: The above mentioned salaries has been taken from Ambitionbox, therefore it may vary in future. Hope this information proves beneficial for you!!

What are the top 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 Lacs - 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 Lacs - INR 9 lakh Universal AI University INR 9 Lacs - INR 16 lakh

What are the top 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 Lacs - INR 3 lakh Parul University Online INR 90,000 Online Manipal INR 3 Lacs - INR 6 lakh

What are the top 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

Is MBA course helpful in stock market?

Yes, an MBA course can be very helpful for a career in the stock market and finance in general. While an MBA doesn't focus solely on the stock market, it equips students with a range of skills and knowledge that are highly relevant in this field. Courses like MBA in Finance will help you gain insight about the stock market wherein you can learn about topics like financial analysis, portfolio analysis, corporate finance and strategic planning. While an MBA provides a solid foundation, it's important to note that practical experience, continuous learning, and staying updated with market trends are equally vital in the stock market.

Best MBA Colleges in Mumbai: Ranking, Fees, Admissions 2025, Courses, Placements

Q: How many MBA colleges are there in Mumbai?

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, 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.

Overview

MBA Colleges in Aurangabad

Low-cost MBA Colleges

MAH CET Exam 2024

Best MBA Colleges in Mumbai: Ranking, Fees, Admissions 2025, 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:

ATMA 2025 Feb session registrations are ongoing for admission to MBA/MMS/PGDM courses, and the last date to apply has been extended to Feb 11, 2025. Also, the ATMA 2025 Feb session exam date is rescheduled to Feb 23, 2025.
The MAH MBA CET

Latest Update:

ATMA 2025 Feb session registrations are ongoing for admission to MBA/MMS/PGDM courses, and the last date to apply has been extended to Feb 11, 2025. Also, the ATMA 2025 Feb session exam date is rescheduled to Feb 23, 2025.
The MAH MBA CET 2025 registrations are open for admission to MBA/PGDM and MMS courses, and the last date to apply has been extended to Jan 31, 2025. The MAH MBA CET 2025 exam date is Apr 1, 2, and 3, 2025.
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.

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
- 4.1 What are the entrance exams accepted by Top MBA Colleges in Mumbai?
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 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	MAH CET, CAT, CMAT, MAT, etc.

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
IIM Mumbai (formerly known as NITIE) Ranking	9	7	6
S.P. Jain Institute of Management & Research Ranking	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 2025 Exam	23 Feb '25	ATMA Schedule
MAH CET 2025 Exam	1 Apr '25 - 3 Apr '25	MAH CET Schedule
CAT 2024 Exam	24 Nov '24	CAT Schedule
MAT CBT Exam 2025	23 Mar '25	MAT Schedule
XAT 2025 Exam	5 Jan ‘25	XAT Schedule
CMAT 2025 Exam	25 Jan '25	CMAT Schedule

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	MAH CET 2024 Predictor
CAT	75	CAT 2024 Predictor
CMAT	61	CMAT 2024 Predictor
XAT	62	XAT 2024 Predictor
MAT	60	MAT 2024 Predictor
ATMA	55	ATMA 2024 Predictor

Also Read: What After MAH MBA CET Result 2024?

Also Read:

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

NMIMS School of Business Management Admission

INR 13 lakh – INR 25 lakh

Seats: 1,350

Exams: NMAT, MAH CET