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

There are 5 MBA colleges in Mumbai. This includes 3 private and 1 government colleges. Admission to these top-ranked MBA colleges in Mumbai is based on the scores of entrance exams like CAT, XAT, CMAT, MAH CET, ATMA, etc. Some of the top MBA colleges in Mumbai include the Indian Institute of Management, S.P. Jain Institute of Management and Research, NMIMS, K J Somaiya Institute of Management, and Prin. L. N. Welingkar Institute of Management Development and Research. 

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 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.

Top MBA Colleges in Mumbai: Highlights 2025

Students who pursue an MBA can benefit from improved teamwork and communication skills. The key highlights related to the best college for MBA in Mumbai are mentioned below:

Parameters	Details
Number of MBA Colleges	5 colleges
Annual Fees	More than INR 5 Lakh: 5 colleges
Top MBA Institutes in Mumbai	IIM Mumbai, SDA Bocconi Asia Center, SP Jain Institute of Management and Research, NMIMS School of Business Management, KJ Somaiya Institute of Management, Welingkar Mumbai, etc.
Top Specialisations	Finance, Human Resources, Sales and Marketing, Supply Chain, etc.
Accepted Entrance Exams	CAT, XAT, CMAT, ATMA, MAH CET, etc.

Disclaimer: This information is sourced from the official website and may vary.

Predict your chances here: MBA Cutoff Predictor

Top MBA Colleges in Mumbai: NIRF Ranking 2025

Among the top 10 MBA colleges in Mumbai, some of the top colleges for MBA Mumbai, along with their NIRF ranking for 2023, 2024 and 2025, are mentioned below:

College Name	NIRF 2023	NIRF 2024	NIRF 2025
Indian Institute of Management, Mumbai Ranking	7	6	6
Indian Institute of Technology Bombay Ranking	10	10	14
S. P. Jain Institute of Management & Research Ranking	20	20	20
SVKM's Narsee Monjee Institute of Management Studies Ranking	21	21	24
K. J. Somaiya Institute of Management Ranking	45	63	65
PRIN. L. N. Welingkar Institute of Management Development and Research (PGDM) Ranking	73	84	75

Disclaimer: This information is taken from the official website of the ranking body and may differ.

Top MBA Colleges in Mumbai: Times 2025

Please refer to the table below for the top MBA colleges in Mumbai according to Times for the year 2025:

College Name	Times 2025 Rank
SP Jain Institute of Management and Research, Mumbai	2
N.L. Dalmia Institute of Management Studies and Research	23
SIES College of Management Studies	24
Universal AI University	25
Amity University Mumbai	25
MET Institute of Post Graduate Diploma in Management	33
Chetana's Institute of Management and Research	33
Durgadevi Saraf Institute of Management Studies	36
Durgadevi Saraf Global Business School	43

Disclaimer: This information is sourced from the official website of the ranking body and may vary.

Top MBA Colleges in Mumbai with Business Today Ranking 2024

The top MBA college in Mumbai as per Business Today rankings 2024 are provided in the table below:

Top Colleges	Business Today Rankings 2024
Jamnalal Mumbai	3
NMIMS School of Business Management Mumbai	8
Jamnalal Bajaj Institute of Management Studies	20
KJ Somaiya Institute of Management	25
SIMSREE	34

Disclaimer: This information is sourced from the official website and may vary.

READ MORE: MBA Courses

Top MBA Colleges in Mumbai: 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. 
• 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.

Top MBA Colleges in Mumbai: Exam Schedule 2025

There are a number of MBA colleges in Mumbai that accept students based on their scores in entrance exams. Some of the most popular entrance exams accepted by top B schools in Mumbai are given below.

The table below states the exam dates, schedules, and syllabus of the top entrance exams that are accepted at the best MBA colleges in Mumbai:

Exam Name	Exam Date	Exam Schedule	Exam Syllabus
MAH CET	April 2026 (Tentative)	MAH CET Schedule	MAH CET Syllabus
CAT	30 November 2025	CAT Schedule	CAT Syllabus
XAT	January 4, 2026	XAT Schedule	XAT Syllabus
CMAT	January 2026 (Tentative)	CMAT Schedule	CMAT Syllabus
ATMA	December, 2025	ATMA Schedule	ATMA Syllabus

Disclaimer: This information is sourced from the official website and may vary.

Entrance Exams Accepted at Top MBA Colleges in Mumbai

Listed below are the various entrance exams accepted by the top B schools in Mumbai along with their number of colleges and cut-off predictor:

Exams	Number of Colleges	Cut off Predictor
CAT	4 colleges	CAT College Predictor
CMAT	2 colleges	CMAT College Predictor
XAT	2 colleges	XAT College Predictor
GMAT	1 college	GMAT College Predictor
NMAT	1 college	NMAT College Predictor
MAH CET	1 college	MAH CET College Predictor
ATMA	1 college	ATMA College Predictor

Disclaimer: This information is sourced from the official website and may vary.

READ MORE About Entrance Exam Accepting Colleges:

• Top MBA Colleges Accepting CAT
• Top MBA Colleges Accepting TANCET MBA
• Top MBA Colleges Accepting XAT
• Top MBA Colleges Accepting MAT

Are you preparing for CAT, CMAT, and MAT Mock Tests? Click on the below link:

• Free Online CAT Mock Test Series
• Download CAT Previous Year Question Papers
• Free Online CMAT Mock Test Series 
• Free Online MAT Mock Test Series

Top Private MBA Colleges in Mumbai: Admission, Fees, and Ranks

Among the top 10 MBA colleges in Mumbai, the table below shows some of the private best colleges for an MBA in Mumbai along with their total course fee/seat intake and eligibility criteria/entrance exams:

College Name	Average Course Fees	NIRF 2025 Rank
SPJIMR Admission	INR 24 Lakh	20
KJ Somaiya Institute of Management Admission	INR 21.34 Lakh	65
Prin. L. N. Welingkar Institute of Management Development and Research Admission	INR 14 Lakh	75

Disclaimer: This information is sourced from the official website and may vary.

Top Government MBA Colleges in Mumbai: Admission, Fees, and Rank

Among the top 10 MBA colleges in Mumbai, the table below shows some of the government best colleges for an MBA in Mumbai along with their total course fee and eligibility criteria/entrance exams:

College Name	Average Course Fees	NIRF 2025 Rank
IIM Mumbai Admission	INR 14 Lakh	6

Disclaimer: This information is sourced from the official website and may vary.

Read more MBA courses:

• MBA Syllabus
• MBA Admission

To learn more about MBA colleges in different locations, click on the link given below:

• Top MBA Colleges in Pune
• Top MBA Colleges in Nagpur
• Top MBA Colleges in Maharashtra
• Top MBA Colleges in Uttar Pradesh

Top MBA Colleges in Mumbai: Courses and Fees

The table below shows the various courses offered by the top MBA best colleges in Mumbai along with their course fees:

College Names	Courses Offered	Average Course Fees
SDA Bocconi Asia Center	MBA/PGDM, Executive MBA/PGDM, etc.	INR 21 Lakh
SPJIMR Mumbai	Online PGDM, PGPM, PGPGM, etc.	INR 24 Lakh
K J Somaiya Institute of Management	MBA in Healthcare Management, MBA in Sports Management, etc.	INR 17 Lakh
Welingkar Mumbai	PGDM in Finance Management, PGDM in HRM, PGDM in Healthcare Management, etc.	INR 14 Lakh

Disclaimer: This information is sourced from the official website and may vary.

Top MBA Colleges in Mumbai: Fees VS Salary

The table below shows the best MBA degree colleges in Mumbai along with their total course fees and annual average package:

College Names	Average Course Fees	Average Placement Package
Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS, Mumbai MBA	INR 22.90 Lakh	INR 20.00 Lakh
K J Somaiya Institute of Management MBA	INR  21.34 Lakh	INR 12.00 Lakh
Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai MBA	INR 14.00 Lakh	INR 10.00 Lakh

Disclaimer: This information is sourced from the official website and may vary.

Top MBA Colleges in Mumbai: Placement and Top Recruiters

The table below provides details about the MBA top colleges in Mumbai along with their average placement package and the prominent recruiters:

College Names	Average Placement Package	Top Recruiters
K J Somaiya Institute of Management Placement	INR 12.00 Lakh	ITC, Marsh, GEP, Deloitte, Gartner, Tata Capital, JP Morgan, etc.
Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai Placement	INR 10.00 Lakh	Adani Group, Airtel, Amazon, Deloitte, Morgan Stanley, etc.
Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS, Mumbai Placement	INR 20.00 Lakh	---

Disclaimer: This information is sourced from the official website and may vary.

Cost of Studying at Top MBA Colleges in Mumbai

Pursuing MBA courses in Mumbai is expensive, as most of the colleges have a total course fee of more than INR 5 Lakh. Tabulated below are the names of Top MBA Colleges in Mumbai along with their total course fee structure:

Average Course Fees Range	No. of Colleges	College Names
More than INR 5 Lakh	5 colleges	IIM Mumbai, SP Jain Institute of Management and Research, NMIMS School of Business Management, etc.

Disclaimer: This information is sourced from the official website and may vary.

Top MBA Colleges in Mumbai: Top Specialisations

In Mumbai, the MBA degree is offered in various specialisations. See the table below for a detailed overview of the top specialisations offered by the best colleges for MBA in Mumbai:

Top Specialisations	No. of Colleges	Number of Colleges
Finance	3 college	SPJIMR, K J Somaiya Institute of Management, Welingkar Mumbai, etc.
Sales & Marketing	3 college	K J Somaiya Institute of Management, Welingkar Mumbai, SPJIMR Mumbai, etc.
Operations	2 college	SPJIMR Mumbai, Welingkar Mumbai
Human Resources	2 college	K J Somaiya Institute of Management, Welingkar, Mumbai
IT & Systems	1 college	SPJIMR Mumbai

Disclaimer: This information is sourced from the official website and may vary.

Top MBA Colleges in Mumbai: Scholarships 2025

Students can click on the links provided below to know more about the scholarship opportunities available at the top MBA colleges in Mumbai.

• Indian Institute of Management Mumbai Scholarship
• S.P. Jain Institute of Management Scholarship
• Pravin Dalal School of Entrepreneurship, NMIMS Scholarship
• K J Somaiya Institute of Management Scholarship
• Prin. L. N. Welingkar Institute of Management Scholarship

Top MBA Colleges in Mumbai: Cutoff 

Students can click on the links below for details about the latest cutoffs at the top Mumbai MBA colleges:

• NMIMS School of Business Management Cutoff
• IIM Mumbai (formerly known as NITIE) Cutoff
• SP Jain (SPJIMR) Cutoff
• K J Somaiya Institute of Management Cutoff
• Prin. L. N. Welingkar Institute of Management Cutoff

Top MBA Colleges in Mumbai: Comparison 2025

Students can click on the links below for a detailed comparison of the top MBA colleges in Mumbai:

• NMIMS Mumbai Comparison with other colleges
• Indian Institute of Management Mumbai Comparison with other colleges
• SPJIMR Comparison with other colleges with other colleges
• K J Somaiya Institute of Management Comparison with other colleges
• Prin. L. N. Welingkar Institute of Management Comparison with other colleges