Best MBA Colleges in Mumbai (All): Fees, Ranking, Admission 2025, Courses, Placements
Best MBA Colleges in Mumbai (All): Fees, Ranking, Admission 2025, Courses, Placements
There are about 180+ best MBA colleges in Mumbai. This includes 130+ colleges that are privately owned, and 9 that are owned by public/government organisations in Mumbai. Some of the most accepted entrance exams in the best MBA colleges in Mumbai are MAH CET, CAT, CMAT, MAT, XAT, ATMA, etc. Some of the top MBA colleges in Mumbai are the Indian Institute of Management, S.P. Jain Institute of Management and Research, NMIMS, K J Somaiya Institute of Management, NMIMS School of Business Management, etc.
Latest Updates:
-
The CAT 2025 notification for admission to MBA/PGDM courses has been released. The CAT 2025 registration and application process will be conducted from August 1 to September 13, 2025. The CAT exam is scheduled to be held on November 30, 2025.
-
The ATMA result 2025 for the July session exam has been declared for admission to MBA/PGDM and MMS courses.
- The M
There are about 180+ best MBA colleges in Mumbai. This includes 130+ colleges that are privately owned, and 9 that are owned by public/government organisations in Mumbai. Some of the most accepted entrance exams in the best MBA colleges in Mumbai are MAH CET, CAT, CMAT, MAT, XAT, ATMA, etc. Some of the top MBA colleges in Mumbai are the Indian Institute of Management, S.P. Jain Institute of Management and Research, NMIMS, K J Somaiya Institute of Management, NMIMS School of Business Management, etc.
Latest Updates:
-
The CAT 2025 notification for admission to MBA/PGDM courses has been released. The CAT 2025 registration and application process will be conducted from August 1 to September 13, 2025. The CAT exam is scheduled to be held on November 30, 2025.
-
The ATMA result 2025 for the July session exam has been declared for admission to MBA/PGDM and MMS courses.
- The MAT September 2025 registration process is now open for both PBT and CBT modes. The last date to register for PBT is Sep 15, 2025, and for CBT is Sep 22, 2025. Furthermore, the MAT 2025 PBT and CBT exams will be held on Sep 21, 2025, and Sep 28, 2025, respectively.
- The IBSAT 2025 applications are open for admission to MBA/PGPM courses, and the last date to apply is the 3rdweek of Dec 2025. Furthermore, the IBSAT 2025 test will be held on December 27 and December 28, 2025.
- The XAT registration process 2026 is now open for MBA/PGDM courses. The last date to register is Dec 5, 2025. Furthermore, the XAT 2026 exam will be held on January 4, 2026.
- NMAT 2025 registration has started for admission to MBA/PGDM courses for the academic session 2026-28. Candidates can register until Oct 10, 2025. Furthermore, the NMAT 2025 exam window will be open from November 5 to December 19, 2025.
- The SNAP 2025 application process is now open for admission to MBA/PGDM courses, and the last date to apply is November 20, 2025. Furthermore, the SNAP Test 2025 will be conducted on December 6, 14, and 20, 2025.
- Best MBA Colleges in Mumbai (All): Highlights 2025
- Best MBA Colleges in Mumbai (All): NIRF Ranking 2025
- Best MBA Colleges in Mumbai (All): Admissions 2025
- Best MBA Colleges in Mumbai (All): Exam Schedule 2025
- 4.1 Entrance Exams Accepted at MBA Colleges in Mumbai (All)
- 4.2 Best MBA Colleges Accepting MAH CET in Mumbai (All)
- Best Private MBA Colleges in Mumbai (All): Admission, Fees, Eligibility and Exams
- Best Government MBA Colleges in Mumbai (All): Admission, Fees, Eligibility and Exams
- Best Semi-Government MBA Colleges in Mumbai (All): Admission, Fees, Eligibility and Exams
- Best Distance MBA Colleges in Mumbai (All): Admission and Fees
- Best Online MBA Colleges in Mumbai (All): Admission and Fees
- Best MBA Colleges in Mumbai (All): Courses and Fees
- Best MBA Colleges in Mumbai (All): Fees vs Salary
- Best MBA Colleges in Mumbai (All): Placement and Top Recruiters
- Cost of Studying at the Best MBA Colleges in Mumbai (All)
- Best Low-cost MBA Colleges in Mumbai (All)
- Best MBA Colleges in Mumbai (All): Top Specialisations
- Best MBA Colleges in Mumbai (All): Scholarships 2025
- Best MBA Colleges in Mumbai (All): Cutoff
- Best MBA Colleges in Mumbai (All): Comparison
Best MBA Colleges in Mumbai (All): Highlights 2025
Students can refer to the table below for some highlights about the MBA colleges in Mumbai:
| Particulars |
Details |
|---|---|
| No. of Colleges |
180+ colleges |
| Annual Fees |
Less than INR 1 Lakh: 3 colleges INR 1-2 Lakh: 15+ colleges INR 2-3 Lakh: 20+ colleges INR 3-5 Lakh: 20+ colleges More than INR 5 Lakh: 80+ colleges |
| Top MBA Colleges |
Indian Institute of Management, S.P. Jain Institute of Management and Research, NMIMS, K J Somaiya Institute of Management, NMIMS School of Business Management, etc. |
| Top Specialisations |
Finance, Sales & Marketing, HR, etc. |
| Accepted Entrance Exams |
MAH CET, CAT, CMAT, MAT, XAT, ATMA, etc. |
Disclaimer: This information is sourced from the official website and may vary.
Predict your chances here: MBA College Predictor
Best MBA Colleges in Mumbai (All): NIRF Ranking 2025
The table below provides the NIRF rankings of the Mumbai MBA colleges for the past 3 years from 2023 to 2025:
| College Name |
NIRF 2023 |
NIRF 2024 |
NIRF 2025 |
|---|---|---|---|
| 7 |
6 |
6 |
|
| 10 |
10 |
14 |
|
| 20 |
20 |
20 |
|
| SVKM's Narsee Monjee Institute of Management Studies Ranking |
21 |
21 |
24 |
| 45 |
63 |
65 |
|
| PRIN. L. N. Welingkar Institute of Management Development and Research (PGDM) Ranking |
73 |
84 |
75 |
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 (All): Admissions 2025
MBA colleges in Mumbai have their own eligibility and selection criteria. However, the general requirements that are commonly expected are mentioned below:
- The candidates must have completed their graduation in any discipline, or an equivalent, from a recognised university. Final year students are also eligible to apply in most cases.
- The student should have completed their UG degree with at least a 45-50% aggregate score.
- The students should have passed any accepted Management examination.
- Most MBA colleges shortlist students based on their percentile and additional criteria like GD/PI rounds.
Disclaimer: This information is sourced from the official website and may vary.
Best MBA Colleges in Mumbai (All): Exam Schedule 2025
Some of the most accepted entrance exams at MBA colleges in Mumbai are mentioned below.
Students can refer to the table provided below to know more about the dates, schedules, and syllabus of the popular Management entrance examinations.
| Exam Name |
Exam Date |
Exam Schedule |
Exam Syllabus |
|---|---|---|---|
| April 2026 (Tentative) |
|||
| 30 November 2025 |
|||
|
|||
| January 4, 2026 |
|||
| January 2026 (Tentative) |
|||
| December, 2025 |
Disclaimer: This information is sourced from the official website and may vary.
Read more about the MAH CET entrance exam:
Read more about entrance exams accepting colleges:
- Top MBA Colleges Accepting CAT
- Top MBA Colleges Accepting TANCET MBA
- Top MBA Colleges Accepting XAT
- Top MBA Colleges Accepting MAT
Entrance Exams Accepted at MBA Colleges in Mumbai (All)
Students can refer to the table below for the number of colleges that offer an MBA in Mumbai. Students can also predict their colleges using the exam college predictors provided below:
| Exams | Number of Colleges | College Predictor |
|---|---|---|
| MAH CET | 120+ colleges | MAH CET 2025 Predictor |
| CAT | 90+ colleges | CAT 2025 Predictor |
| XAT | 80 colleges | XAT 2025 Predictor |
| CMAT | 70+ colleges | CMAT 2025 Predictor |
| MAT | 70+ colleges | MAT 2025 Predictor |
| ATMA | 60+ colleges | ATMA 2025 Predictor |
Disclaimer: This information is sourced from the official website and may vary.
Read More:
- Download CAT Previous Year Question Papers
- Free Online CAT Mock Test Series
- Free Online CMAT Mock Test Series
- Free Online MAT Mock Test Series
Best MBA Colleges Accepting MAH CET in Mumbai (All)
The table below shows the top MBA colleges in Mumbai (All) that accept MAH CET scores, along with their total tuition fees:
| College Name | Average Course Fees |
|---|---|
| NMIMS, Mumbai | INR 10 Lakh |
| N.L. Dalmia Institute of Management Studies | INR 16.5 Lakh |
| ITM Business School, Navi Mumbai | INR 12.45 Lakh |
| DY Patil University School of Management | INR 9.5 Lakh- 10 Lakh |
| Vivekanand Business School (VBS) | INR 9.5 Lakh |
Disclaimer: This information is sourced from the official website and may vary.
Best Private MBA Colleges in Mumbai (All): Admission, Fees, Eligibility and Exams
The table below provides some details about the top private MBA colleges in Mumbai:
| College Name | Average Course Fees | Entrance Exam/Eligibility |
|---|---|---|
| INR 14.5 Lakh - INR 24 Lakh |
CAT, GMAT |
|
| INR 10 Lakh |
MAH CET, NMAT |
|
| INR 13.48 Lakh - INR 21.34 Lakh |
CAT, MAT, CUET, XAT, NMAT, CMAT, ATMA, PERA CET |
|
| INR 94,400 - INR 14 Lakh |
CAT, XAT, CMAT, ATMA |
|
| INR 13 Lakh- INR 25 Lakh |
MAH CET, NMAT |
|
| INR 12 Lakh |
MAT, XAT, CAT, NMAT, etc. |
Disclaimer: This information is sourced from the official website and may vary.
Best Government MBA Colleges in Mumbai (All): Admission, Fees, Eligibility and Exams
The table below provides some details about the top government MBA colleges in Mumbai:
| College Name | Average Course Fees | Entrance Exam/Eligibility |
|---|---|---|
| Indian Institute of Management Mumbai Admission | INR 14 Lakh |
CAT |
| Shailesh J. Mehta School of Management, IIT Bombay Admission | INR 2.69 Lakh - INR 20 Lakh |
MAH CET, CAT, JEE Main, JEE Advanced |
| Sasmira’s Institute of Management Studies Admission | INR 4.36 Lakh |
CAT, MAT, XAT, MAH CET |
| BSE Institute Limited, Mumbai Admission | INR 2.11 Lakh - INR 7.29 Lakh |
MAH CET, CAT, MAT, SNAP |
| Jankidevi Bajaj Institute of Management Studies JDBIMS Admission | INR 1.7 Lakh - INR 4.72 Lakh |
MAH CET, CAT, MAT, XAT, ATMA |
Disclaimer: This information is sourced from the official website and may vary.
Best Semi-Government MBA Colleges in Mumbai (All): Admission, Fees, Eligibility and Exams
The table below provides some details about the top semi-government MBA colleges in Mumbai:
| College Name | Average Course Fees | Entrance Exam/Eligibility |
|---|---|---|
| College Of Arts, Science, and Commerce Admission | -- | Merit-Based |
Disclaimer: This information is sourced from the official website and may vary.
Best Distance MBA Colleges in Mumbai (All): Admission and Fees
| College Name | Average Course Fees |
|---|---|
| IIBMS - Indian Institute of Business Management Admission | INR 40,800- 50,800 |
| Institute of Distance and Open Learning, University of Mumbai Admission | INR 21,260 - 1.35 Lakh |
| Mumbai College of Hotel Management and Catering Technology Admission | INR 1 Lakh - 1.2 Lakh |
| ICFAI University – Distance Education Admission | INR 65,000 |
| MIT School of Distance Education, Navi Mumbai Admission | INR 37,000 - 68,000 |
Disclaimer: This information is sourced from the official website and may vary.
Best Online MBA Colleges in Mumbai (All): Admission and Fees
There are about 40+ Online MBA colleges in Mumbai (All). Some of them are mentioned below, along with their tuition fees:
| College Name | Average Course Fees |
|---|---|
| S.P. Jain Institute of Management and Research Admission | INR 10 Lakh |
| Prin. L. N. Welingkar Institute of Management Admission | INR 1.26 Lakh |
| IIBMS - Indian Institute of Business Management and Studies Admission | INR 42,800 - 60,800 |
| UPES Online Admission | INR 1.75 Lakh - 2.2 Lakh |
| D.Y. Patil Deemed-to-be-University Online | INR 1.3 Lakh - 1.7 Lakh |
Disclaimer: This information is sourced from the official website and may vary.
Best MBA Colleges in Mumbai (All): Courses and Fees
The table below shows the various courses offered by the top MBA colleges in Mumbai (All) along with their total tuition fees:
| College Name | Courses Offered | Average Course Fees |
|---|---|---|
| SBM NMIMS Mumbai | MBA in Business Analytics, MBA in Healthcare Management, MBA in Human Resources, etc. | INR 8 Lakh - INR 24 Lakh |
| SPJIMR Mumbai | PGDM in Business Management | INR 15 Lakh - INR 24 Lakh |
| NMIMS Mumbai | MBA in Business Analytics, MBA in Healthcare Management, MBA in Business Analytics, etc. | INR 10 Lakh |
| K J Somaiya Institute of Management | MBA in Healthcare Management, MBA in Sports Management, etc. | INR 17 Lakh |
| ITM Business School | MBA iConnect in Marketing, MBA iConnect in FinTech, MBA iConnect in Finance, etc. | INR 12 Lakh |
Disclaimer: This information is sourced from the official website and may vary.
Read More:
- Best MBA Colleges in Pune
- Best MBA Colleges in Maharashtra
- Best MBA Colleges in Kolkata
- Best MBA Colleges in Bangalore
- Best MBA Colleges in Nashik
- Best MBA Colleges in Nagpur
Best MBA Colleges in Mumbai (All): Fees vs Salary
Students can refer to the table below to compare the fees and average placement packages of the best MBA institutes in Mumbai.
| College Name | Average Course Fees | Average Placement Salary |
|---|---|---|
| SPJIMR MBA | INR 15 Lakh - INR 24 Lakh | INR 23 LPA - INR 31 LPA |
| Shailesh J. Mehta School of Management, IIT Bombay MBA | INR 2.69 Lakh - INR 20 Lakh | INR 26.64 LPA |
| BITS School of Management MBA | INR 24.5 Lakh | INR 23 LPA |
| SP Jain School of Global Management MBA | INR 19 Lakh - INR 39 Lakh | INR 19.52 LPA - INR 20 LPA |
| DY Patil University School of Management MBA | INR 10 Lakh | INR 5 LPA |
| SIES College of Management Studies MBA | INR 5 Lakh - INR 7 Lakh | INR 8 LPA |
| INR 13 Lakh - INR 25 Lakh |
INR 21 LPA |
Disclaimer: This information is sourced from the official website and may vary.
Best MBA Colleges in Mumbai (All): Placement and Top Recruiters
The following is a list of some of the best Indian organisations that hire graduates from Mumbai's MBA colleges, along with the average placement packages at these top MBA colleges in Mumbai:
| College Name |
Average Placement Salary |
Top Recruiters |
|---|---|---|
| DY Patil University School of Management Placements | INR 5 LPA |
Sony, Capgemini, Jio, Adani Group, ICICI Bank, Pfizer, ONGC, etc. |
| SIES College of Management Studies Placements | INR 8 LPA | Microsoft, Google, TCS, Infosys, Apple, Tech Mahindra, etc. |
| INR 23 LPA - INR 31 LPA |
TCS, Deloitte, Accenture Strategy, Mahindra, GMC, HUL, etc. |
|
| INR 21 LPA |
Goldman Sachs, Pidilite, Marico, Dabur, Asian Paints, ITC, etc. |
Disclaimer: This information is sourced from the official website and may vary.
Cost of Studying at the Best MBA Colleges in Mumbai (All)
Students can learn more about the MBA fees at Mumbai colleges by analysing the table below:
| Average Course Fees Range |
No. of Colleges |
|---|---|
| Less than INR 1 Lakh |
3 colleges |
| INR 1-2 Lakh |
15+ colleges |
| INR 2-3 Lakh |
20+ colleges |
| INR 3-5 Lakh |
20+ colleges |
| More than INR 5 Lakh |
80+ colleges |
Disclaimer: This information is sourced from the official website and may vary.
Best Low-cost MBA Colleges in Mumbai (All)
It is estimated that joining the top MBA colleges in Mumbai can be affordable, as most of the colleges have tuition fees of less than INR 1 Lakh. Some of them are mentioned below, along with their tuition fees:
| College Name | Average Course Fees |
|---|---|
| Welingkar Mumbai Fees | INR 94,000 |
| Indian Institute of Materials Management Fees | INR 81,000 |
| National Institute of Management and Research Studies Fees | INR 1.5 Lakh |
| Jankidevi Bajaj Institute of Management Studies Fees | INR 1.7 Lakh |
| NAEMD Fees | INR 1.8 Lakh |
Disclaimer: This information is sourced from the official website and may vary.
Also Read: MBA Preparation Tips
Best MBA Colleges in Mumbai (All): Top Specialisations
The table below provides information about the popular specialisations that are pursued by MBA students in Mumbai:
| Top Specialisations | Number of Colleges |
|---|---|
| Finance | 70+ colleges |
| Sales & Marketing | 70+ colleges |
| Human Resources | 60+ colleges |
| Operations | 40+ colleges |
| IT & Systems | 30+ colleges |
Listed below is a comparison of the best MBA colleges in Mumbai:
- IIM Mumbai Comparison with Other Colleges
- S.P. Jain Institute of Management and Research Comparison with Other Colleges
- NMIMS, Mumbai Comparison with Other Colleges
- K J Somaiya Institute of Management Comparison with Other Colleges
- Prin. L. N. Welingkar Institute of Management Comparison with Other Colleges
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Best MBA Colleges in Mumbai (All): Fees, Ranking, Admission 2025, Courses, Placements
Commonly asked questions On Best MBA Colleges in Mumbai (All): Fees, Ranking, Admission 2025, Courses, Placements
There are about 190+ best MBA colleges in Mumbai. Of these, 137 colleges are privately owned and the public/government organisations own 11 colleges. CAT, XAT, and CMAT are the most accepting entrance exams in top MBA colleges in Mumbai. National Institute of Industrial Engineering, IIDE Mumbai, IIT Bombay, ITM Business School Navi Mumbai, SPJIMR, NMIMS Mumbai, K J Somaiya Institute of Management, are some of the popular MBA institutes in Mumbai (All).
Students can take a look at the table below for the NIRF 2025 rankings of the best MBA colleges in Mumbai:
College Name | NIRF 2023 | NIRF 2024 | NIRF 2025 |
|---|---|---|---|
7 | 6 | 6 | |
10 | 10 | 14 | |
20 | 20 | 20 | |
SVKM's Narsee Monjee Institute of Management Studies Ranking | 21 | 21 | 24 |
45 | 63 | 65 | |
PRIN. L. N. Welingkar Institute of Management Development and Research (PGDM) Ranking | 73 | 84 | 75 |
Disclaimer: This information is sourced from the official website of the ranking body and may vary.
The table below shows the top MBA colleges in Mumbai (All) that accept MAH CET score along with their total tuition fees:
| College Names | Total Tuition Fees |
|---|---|
| SBM NMIMS Mumbai | INR 8 Lacs - INR 24 LPA |
| K J Somaiya Institute of Management | INR 17 lakh |
| ITM Business School Navi Mumbai | INR 12 lakh |
| MET Institute of Management | INR 3 lakh |
| Amity Global Business School | INR 7 lakh |
Disclaimer: This information is sourced from the official website.
Commonly asked questions On Best MBA Colleges in Mumbai (All): Fees, Ranking, Admission 2025, Courses, Placements
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 Names | Total Tuition Fee | Average Median Package |
|---|---|---|
| DY Patil University School of Management MBA | INR 10 lakh | INR 5 LPA |
| SIES College of Management Studies MBA | INR 5 lakh - INR 7 lakh | INR 8 LPA |
INR 15 lakh - INR 24 lakh | INR 23 LPA - INR 31 LPA | |
INR 13 lakh - INR 25 lakh | INR 21 LPA |
Disclaimer: The above statistics are based on the latest data.
Hope this information proves beneficial for you!
Hi, SPJIMR offered the highest placement package ranging between INR 23 LPA - INR 31 LPA, and the prominent recruiters include TCS, Deloitte, Accenture, Mahindra, HUL, P&G, etc. Below is the list of MBA Colleges in Mumbai along with their average package and list of prominent recruiters:
College Names | Average Package | Top Recruiters |
|---|---|---|
| DY Patil University School of Management Placements | INR 5 LPA | Sony, Capgemini, Jio, Adani Group, ICICI Bank, Pfizer, ONGC, etc. |
| SIES College of Management Studies Placements | INR 8 LPA | Microsoft, Google, TCS, Infosys, Apple, Tech Mahindra, etc. |
INR 23 LPA - INR 31 LPA | TCS, Deloitte, Accenture Strategy, Mahindra, GMC, HUL, etc. | |
INR 21 LPA | Goldman Sachs, Pidilite, Marico, Dabur, Asian Paints, ITC, etc. |
Hope this information proves beneficial for you!!
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 Colleges | Total Tuition Fee |
|---|---|
| Welingkar Mumbai Fees | INR 94,000 |
| Indian Institute of Materials Management Fees | INR 81,000 |
| National Institute of Management and Research Studies Fees | INR 1.5 lakh |
| Jankidevi Bajaj Institute of Management Studies Fees | INR 1.7 lakh |
| NAEMD Fees | INR 1.8 lakh |
Also Read: MBA Preparation Tips
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