Best MBA Colleges in Mumbai (All): Ranking 2025, Fees, Admission, Courses, Placements

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Best MBA Colleges in Mumbai (All): Ranking 2025, Fees, Admission, Courses, Placements

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On Best MBA Colleges in Mumbai (All): Ranking 2025, Fees, Admission, Courses, Placements

Q:   How many MBA colleges are there in Mumbai (All)?

A: 

There are about 180+ best MBA colleges in Mumbai. Of these133 colleges are privately owned and 11 colleges are owned by the public/government organisations. CAT, XAT, and CMAT are the most accepting entrance exams in top MBA colleges in MumbaiNational Institute of Industrial Engineering, IIT Bombay, SPJIMR, NMIMS Mumbai, K J Somaiya Institute of Management, ITM Business School are some of popular MBA institutes in Mumbai (All).

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

A: 

IIM Mumbai emerged to be as the No. 1 MBA Colleges 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

IIT Bombay Ranking

11

10

10

SPJIMR Ranking

21

20

20

NMIMS Ranking

25

21

21

KJ Somaiya Institute of Management Ranking

71

45

63

Hope this information proves beneficial for you!!

Q:   Is it worth joining MBA colleges in Mumbai?

A: 

Hi, to assess the worth of joining an MBA college in Mumbai, you should go through its Return on Investment (ROI). The table below shows some of the top MBA colleges in Mumbai along with their total tuition fees and average placement package:

College Name

Total Tuition Fee

Average Median Package

K J Somaiya Institute of Management MBAINR 17 lakhINR 10 LPA
SIES College of Management Studies MBAINR 5 lakh - INR 7 lakhINR 8 LPA

SPJIMR MBA

INR 15 lakh - INR 24 lakh

INR 3 LPA - INR 32 LPA

SBM NMIMS MBA

INR 8 lakh - INR 24 lakh

INR 7 LPA - INR 19 LPA

Hope this information proves beneficial for you!

Q:   What are the affordable MBA colleges in Mumbai?

A: 

Pursuing an MBA course in Mumbai can be affordable for you. Listed below are some of the top MBA colleges in Mumbai with tuition fees of less than INR 1 lakh and between INR 1-2 lakh.

Low-cost MBA CollegesTotal Tuition Fee
Welingkar MumbaiINR 94,000
National Institute of Management and Research StudiesINR 1.5 lakh
Jankidevi Bajaj Institute of Management StudiesINR 1.7 lakh
Chhatrapati Shivaji Maharaj UniversityINR 1.1 lakh
Indian Institute of Materials ManagementINR 81,000

Also Read: MBA Preparation Tips

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Q:   What is the placement package offered to MBA graduates from top MBA colleges in Mumbai (All)?

A: 

Hi, SPJIMR offered the highest placement package ranging between INR 3 LPA - INR 32 LPA, and the prominent recruiters include TCS, Deloitte, Accenture Strategy, Mahindra, GMC, HUL, P&G, etc. Below is the list of MBA Colleges in Mumbai along with their average package and list of prominent recruiters:

College Name

Average Package

Top Recruiters

K J Somaiya Institute of Management PlacementsINR 10 LPA

Google, Amazon, HUL, ITC, Nestle, Mondelez, Marico, JnJ, etc.

SIES College of Management Studies PlacementsINR 8 LPA

Microsoft, Google, TCS, Infosys, Apple, Tech Mahindra, Cognizant, etc.

SPJIMR Placements

INR 3 LPA - INR 32 LPA

TCS, Deloitte, Accenture Strategy, Mahindra, GMC, HUL, P&G, etc.

SBM NMIMS Placements

INR 7 LPA - INR 19 LPA

Goldman Sachs, Pidilite, Marico, Dabur, Asian Paints, ITC, etc.

Hope this information proves beneficial for you!!

Q:   How to prepare for CAT exam?

A: 

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?

Q:   What is the eligibility criteria for admission to MBA colleges in Mumbai?

A: 

Hi, The eligibility criteria for the MBA courses may differ from college to college. However, the basic eligibility criteria for top MBA Colleges in Mumbai are as follows:

  • Candidates must have passed graduation in any discipline or equivalent from a recognised university as some basic eligibility criteria for MBA (full-time).
  • Most of the institutes follow the minimum score criteria for graduation which is 50 percent on average or equivalent. For reserved category students, the minimum score is 45 percent in aggregate.
  • Final-year graduation candidates are also eligible to apply for MBA, provided they present the proof of completion of graduation degree within the duration specified by the institute.

Q:   Is CAT exam tough for an average student?

A: 

CAT is a speed based test which is designed to assess a candidate's analytical aptitude, logical reasoning skills, data interpretation and English comprehension. Now, it may sound tough, but these are the skills which we are taught in school so there is nothing new to learn. What is required is to learn these subjects at advanced level. If you are an average student but have studied Science or commerce in Class-12 and graduation, you will find a lot of familiar topics in Data Interpretation, Quantitative Aptitude and Logical Reasoning. All you will need is brush up the basics and practice the concepts on advance level problems.

However, since the competition is so high in CAT and less than 95 percentile can break your dream of joining a top college like IIM, the preparation for CAT requires a lot of focus, dedication, discipline and diligence. If you can do that, despite being an average student, you can crack the CAT exam.

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Q:   What are the top distance MBA colleges in Mumbai (All)?

A: 
There are about 50+ distance MBA colleges in Mumbai (All). Some of the colleges are mentioned below along with their total tuition fees:
Distance MBA CollegesTotal Tuition Fee
Institute of Distance and Open LearningINR 19,000 - INR 1 lakh
IIBMSINR 41,000 - INR 81,000
K. C. College of Management StudiesINR 8,000
MIT School of Distance Education, Navi MumbaiINR 37,000 - INR 68,000
Mumbai College of Hotel Management and Catering TechnologyINR 1 lakh

Q:   Can I do MBA without giving any entrance exam?

A: 

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

 

Q:   Is the CAT syllabus difficult?

A: 

Yes, the difficulty level of CAT syllabus is very high as compared to other MBA entrance exams. However, if you prepare well and follow the CAT exam pattern well, you will be able to score well. Besides having an understanding of the CAT syllabus 2025, candidates also need to be well aware of the CAT exam pattern before they start preparing for the exam. The CAT exam pattern was revised in 2021 and the number of questions were reduced from 76 to 66. The structure of CAT 2023 and CAT 2024 was the same. The syllabus is still tougher than other exams.

The most important things to keep in mind are:

  1. CAT exam mode is online
  2. Each question carries three marks 
  3. There is negative marking of minus one mark for wrong attempts

The section-wise distribution of questions and difficulty levels as per the latest CAT exam pattern are listed below:

  • Quantitative Ability (QA) - 24 questions, difficulty level - moderate to high 
  • Data Interpretation and Logical Reasoning (DILR) - 20 questions, difficulty level - moderate 
  • Verbal Ability and Reading Comprehension (VARC) - 22 questions, difficulty level - moderate. to high

Q:   When should I start preparing for MBA entrance exam?

A: 

In the final year of graduation, preparation for an MBA begins. The majority of management aspirants begin their preparation as soon as they begin their third year of their bachelor's degree programme because it takes months to properly prepare for MBA entrance exams. However, there are a lot of challenges in preparing for an MBA entrance exam, including the lengthy syllabus, the difficulty of the questions, and the degree of competition. 

Here are some suggestions to help you study for your MBA entrance exams:

  • Study the fundamental grammatical and writing principles for the verbal segment to become familiar with the language's structure.
  • To hone their quantitative abilities, students should complete a lot of practice exams and sample papers.
    Create a schedule and follow it
  • Students should not overstress themselves and should get enough rest.
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Q:   What are the various courses offered by the best MBA colleges in Mumbai (All)?

A: 

The table below shows the various courses offered by the top MBA colleges in Mumbai (All) along with their total tuition fees:

College NamesCourses OfferedTuition Fee
SBM NMIMS MumbaiMBA in Business AnalyticsMBA in Healthcare ManagementMBA in Human Resources, etc.  INR 8 lakh - INR 24 lakh
SPJIMR MumbaiPGDM in Business ManagementINR 15 lakh - INR 24 lakh
NMIMS MumbaiMBA in Business AnalyticsMBA in Healthcare ManagementMBA in Business Analytics, etc.INR 10 lakh
K J Somaiya Institute of ManagementMBA in Healthcare ManagementMBA in Sports Management, etc.INR 17 lakh
ITM Business SchoolMBA iConnect in MarketingMBA iConnect in FinTechMBA iConnect in Finance, etc.INR 12 lakh

Q:   What are the top MBA colleges accepting MAH CET in Mumbai (All)?

A: 

The table below shows the top MBA colleges in Mumbai (All) that accept MAH CET score along with their total tuition fees:

College NamesTotal Tuition Fees
SBM NMIMS MumbaiINR 8 Lacs - INR 24 LPA
K J Somaiya Institute of ManagementINR 17 lakh
ITM Business School Navi MumbaiINR 12 lakh
MET Institute of ManagementINR 3 lakh
Amity Global Business SchoolINR 7 lakh

Disclaimer: This information is sourced from the official website.

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

A: 

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!!

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Q:   What are the top online MBA colleges in Mumbai (All)?

A: 

There are about 40+ Online MBA colleges in Mumbai (All). Some of them are mentioned below along with their tuition fees:

Online MBA CollegesTuition Fee
SPJIMR MumbaiINR 10 lakh
Welingkar MumbaiINR 61,000 - INR 1 lakh
Amity University OnlineINR 2 Lacs - INR 3 lakh
Parul University OnlineINR 90,000
Online ManipalINR 3 Lacs - INR 6 lakh

Q:   How much does an MBA from SP Jain (SPJIMR) cost?

A: 
SP Jain (SPJIMR) is a private institute that was established in 1981. Being a private college, one can find doing MBA from here a little expensive but the college also offers scholarships to students. The fee for MBA/PGDM, Diploma, and Certificate courses is INR 9.5 Lacs - INR 22.1 Lacs, INR 10.95 Lacs, and INR 25,000 - INR 16.2 Lacs, respectively. The eligibility criteria for undergraduate courses is a Bachelor's degree with a minimum of 50 % aggregate and the accepted entrance exams for all courses are CAT XAT NMAT and GMAT. Being a popular college, one should apply early for admissions as there are limited seats available for the students.

Q:   Is doing MBA worthy from SBM NMIMS Mumbai?

A: 

Yes, NMIMS School of Business Management (SBM) is among the leading private B-schools in India. During the National Institutional Ranking Framework (NIRF) 2023, the SVKM's Narsee Monjee Institute of Management Studies has been ranked 21 under the Management category. Talking about the School of Business Management placements 2023, the average package for the MBA core course was recorded at INR 26.63 LPA, whereas the MBA HR course witnessed an average package of INR 19.56 LPA. NMIMS School of Business Management's highest package offered in 2023 was INR 67.80 LPA (international) for the MBA core course. So, yes pursuing an MBA course from NMIMS is a good option. 

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