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MBA in Finance Colleges in Mumbai: Fees, Ranking 2025, Courses, Placements

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On MBA in Finance Colleges in Mumbai: Fees, Ranking 2025, Courses, Placements

Q:   How many MBA in Finance colleges are there in Mumbai?

A: 

There are about 60+ MBAs in finance colleges in Mumbai. Of these, 47 colleges are privately owned and 3 colleges are owned by public/government organisations. CAT, CMAT, XAT, MAT, and ATMA are some of the most accepting entrance exams in top MBA in Finance colleges in MumbaiNMIMS School of Business Management, S.P. Jain Institute of Management and Research, K J Somaiya Institute of Management, Prin. L. N. Welingkar Institute of Management Development and Research, Shailesh J. Mehta School of Management, Universal AI University, etc. are some of the popular best Finance MBA colleges in Mumbai.

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

A: 

SPJIMR Mumbai emerged as the No. 1 MBA in Finance college in Mumbai followed by other colleges. Listed below are some of the colleges along with their NIRF rankings over the past three years, i.e. from 2022 to 2024:

Top Colleges

NIRF 2022

NIRF 2023

NIRF 2024

S.P. Jain Institute of Management and Research Ranking

21

20

20

NMIMS School of Business Management Ranking

NA

21

21

K J Somaiya Institute of Management Ranking

71

45

63

Prin. L. N. Welingkar Institute of Management Development and Research Ranking

68

73

84

Q:   Is it worth joining MBA in Finance colleges in Mumbai?

A: 

Joining Finance colleges 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 fees and average placement package:

College Names

Total Tuition Fee

Annual Average Package

NMIMS School of Business Management MBA

INR 12 lakh

INR 19 LPA

S.P. Jain Institute of Management and Research MBA

INR 15 Lacs – INR 24 lakh

INR 3 LPA – INR 32 LPA

K J Somaiya Institute of Management MBA

INR 17 lakh

INR 10 LPA

Prin. L. N. Welingkar Institute of Management Development and Research MBA

INR 14 lakh

INR 9 LPA

N.L. Dalmia Institute of Management Studies and Research MBAINR 16 lakhINR 8 LPA

Q:   What are the top MBA in Finance colleges in Mumbai with good placements?

A: 

The table below shows the average placement package offered by top recruiters who participated in top MBA in Finance colleges in Mumbai:

College Names

Annual Average Package

Avg. Placement Package
MET Institute of Management PlacementsINR 7 LPA

LG, Cognizant, Amazon, Dell, HCL, ICICI Bank, Infosys, etc.

S.P. Jain Institute of Management and Research Placements

INR 3 LPA – INR 32 LPA

Castrol, Godrej, KPMG, Barclays, CISCO, etc.
GNVS Institute of Management PlacementsINR 4 LPAAccenture, Capgemini, Flipkart, HDFC Bank, Vodafone, etc.

Prin. L. N. Welingkar Institute of Management Development and Research Placements

INR 10 LPA

Adani Group, Airtel, Amazon, Deloitte, Morgan Stanley, etc. 

IES's Management College and Research Centre PlacementsINR 7 LPAKPMG, DHL, ITC Limited, Morgan Stanley, Reliance Retail, etc.
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On MBA in Finance Colleges in Mumbai: Fees, Ranking 2025, Courses, Placements

Q:   What are the affordable MBA in Finance colleges in Mumbai?

A: 

It is estimated that joining an MBA in Finance college in Mumbai might be expensive as most of the colleges have their tuition fees of more than INR 5 lakh. Listed below are some of the top colleges along with their fee ranges:

Fee RangeMBA in Finance Colleges
INR 1-2 lakh2  (Maratha Mandir’s Babasaheb Gawde Institute of Management Studies, Pramod Ram Ujagar Tiwari Saket Institute Of Management)
INR 2-3 lakh8  (St. Francis Institute of Management and Research, VIT, GNVS Institute of Management, etc.)
INR 3-5 lakh10  (MET Institute of Management, Xavier Institute of Management and Research, BSE Institute Limited, etc.)
INR > 5 lakh37  (SBM NMIMS Mumbai, SPJIMR, K J Somaiya Institute of Management, etc.)

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:   How to prepare for CAT?

A: 

Preparing for the Common Admission Test CAT can be a challenging task, but with the right approach and study plan, it is possible to succeed.

Here are some tips on how to prepare for CAT:

  1. Understand the Exam Pattern and Syllabus: Start by understanding the exam pattern and syllabus of CAT thoroughly. The exam consists of three sections: Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Ability.
  2. Make a Study Plan: Once you understand the exam pattern and syllabus, make a study plan that works best for you. Allocate time for each section, and include time for revision, practice tests, and solving previous year's question papers.
  3. Strengthen Your Basics: CAT is a test of your fundamental concepts in Mathematics, English and Logical Reasoning. Hence, focus on building a strong foundation by revising and practicing the basic concepts.
  4. Read and Analyze: To improve your Verbal Ability and Reading Comprehension, start reading newspapers, magazines, and books regularly. Analyze the content, style, and tone of the passages to gain a better understanding of the language.
  5. Practice Regularly: Practice is the key to success in CAT. Solve as many practice tests and previous year's question papers as possible to get familiar with the exam pattern and build your speed and accuracy.
  6. Time Management: CAT is a time-bound exam, and time management is crucial. Practice solving questions within the stipulated time frame to build your speed and accuracy.
  7. Join a Coaching Institute: If you find it challenging to prepare for CAT on your own, consider joining a coaching institute that offers specialised coaching for CAT. They will provide you with a structured study plan, guidance, and practice tests to help you prepare for the exam.

Remember, consistency, and dedication are key to success in CAT. Keep practicing and working hard, and you will achieve your goal.

Q:   What is the MAH MBA CET syllabus?

A: 

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.

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On MBA in Finance Colleges in Mumbai: Fees, Ranking 2025, Courses, Placements

Q:   What are the government top MBA in Finance colleges in Mumbai?

A: 

The table below shows the government top MBA in Finance colleges in Mumbai along with their tuition fees and their seat intake:

Public/Government Colleges

Total Tuition Fee/Seat Intake

Shailesh J. Mehta School of Management Admission

INR 20 lakh

Seats: 172

BSE Institute Limited, Mumbai Admission

INR 4 lakh – INR 9 lakh

Seats: 300

Q:   Does MBA Finance have lot of Maths?

A: 

Yes, MBA Finance have lot of Maths. An MBA Finance typically involves a significant amount of quantitative analysis and mathematical concepts. Finance, as a field, relies heavily on mathematical and statistical tools for decision-making, risk assessment, and financial modeling. 

Q:   Is MBA Finance a good career?

A: 

Yes, MBA Finance is a promising career choice and one of the most popular specialisations offered in the MBA degreeAfter completing an MBA Finance, students can pursue various online certification courses like the Chartered Financial Analyst (CFA), Financial Risk Manager (FRM), and Certified Financial Planner (CFP).

Students can also pursue doctorate degree after MBA Finance. The MBA in Finance course scope in India is large and expanding. With the increasing complexity of financial markets, there is a growing demand for finance specialists. MBA in Finance graduates can work in a range of positions, such as:

  • Financial analysts analyse financial data and give suggestions to businesses and investors based on their knowledge of finance.
  • Investment bankers assist businesses in raising funds by issuing stocks and bonds. They also provide merger and acquisition advice to organisations.
  • Portfolio managers oversee investment portfolios for individuals and institutions. They use their financial knowledge to identify investments that will help their customers achieve their objectives.
  • Risk managers identify and manage the hazards that firms face. Read More: Scope of MBA Finance

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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