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Mumbai is one of the favorite places for students to do MBA and Management programmes. In total there are 190 colleges providing management courses in which 117 are private owned and 11 are government owned, Top-Teir colleges such as IIM Mumbai, JBIMS, NMIMS, SPJIMR, K. J. Somaiya Institute of Management, and Prin. L. N. Welingkar Institute of Management Development & Research (Welingkar) attract students nationwide. Most colleges require entrance exams like CAT, XAT, or MAH CET. Government colleges have lower fee range (INR 50,000–2 lakhs) compared to private ones (INR 5–20 lakhs).
Latest Update for Top MBA Colleges in Mumbai Exam Dates 2026:
Check out the highlights for the best MBA colleges in Mumbai 2026 in the table given below:
| Particulars | Details |
|---|---|
| Total Number of Colleges | 310 (Approximately) |
| Types of Colleges | Public, Private, and Government |
| Colleges Approved by |
|
| Accreditation Body |
|
| Admissions Through | Mostly Entrance Exam Based |
| Entrance Exam Accepted |
|
| Popular Specialization Offered | Finance, IT and Systems, Human Resources, Sales and Marketing, Supply Chain Management, International Business, Operations, Entrepreneurship, Business Analytics, Healthcare and Hospital. |
| Fee Range | Rs 1,00,000 - Rs 20,00,000 (Approximately) |
| Hostel Facility | Available (not at all colleges) |
Candidates can see the ranking of the best MBA colleges in Mumbai 2026 as per the NIRF Ranking List 2025, a ranking body run by the Ministry of Education (MoE), Government of India:
| College Name | NIRF Rank 2025 | NIRF Rank 2024 | NIRF Rank 2023 | NIRF Rank 2022 | NIRF Rank 2021 |
|---|---|---|---|---|---|
| IIM Mumbai (Formally National Institute for Training in Industrial Engineering Mumbai) | 6 | 6 | 7 | 9 | 12 |
| Indian Institute of Technology (IIT), Bombay | 14 | 10 | 10 | 11 | 10 |
| S. P. Jain Institute of Management & Research | 20 | 20 | 20 | 21 | 19 |
| SVKM`s Narsee Monjee Institute of Management Studies | 24 | 21 | 21 | 25 | 22 |
| K.J. Somaiya Institute Of Management | 65 | 63 | 45 | 71 | 56 |
| Principal L N Welingkar Institute of Management Development and Research | 75 | 84 | 73 | 68 | 72 |
Provided below are the Times B-School rankings from 2022 to 2025 for the top MBA colleges in Mumbai 2026.
| College Name | Times B-School Ranking 2025 | Time B-School Ranking 2024 | Time B-School Ranking 2023 | Times B-School Ranking 2022 |
|---|---|---|---|---|
| S. P. Jain Institute of Management & Research | 2 | 4 | - | - |
| SIES School Of Business Studies, Mumbai | 21 | 21 | - | - |
| N.L Dalmia Institute of Management Studies And Research, Mumbai | 23 | 23 | 23 | 23 |
| SIES College of Management Studies, Mumbai | 24 | 24 | 21 | 22 |
| Amity Business School, Amity University, Mumbai | 25 | 26 | 27 | 49 |
| MET Institute of Management, Mumbai | 26 | 28 | 28 | 28 |
| K.J. Somaiya Institute of Management, Mumbai | - | - | - | 7 |
| Universal Business School, Mumbai | 25 | 25 | 26 | 26 |
| Durgadevi Saraf Institute of Management Studies, Mumbai | 36 | 36 | 36 | 41 |
| Nest Academy Of Event Management And Development (NAEMD), Mumbai | - | 36 | - | 42 |
| ITM Business School, Navi Mumbai | 43 | 43 | - | 28 |
| Aditya Institute of Management Studies and Research, Mumbai | 49 | 51 | 52 | 58 |
| D.Y. Patil University School of Management, Mumbai | - | 79 | 81 | 69 |
| Vivekanand Education Society’s Business School, Mumbai | 75 | 78 | 72 | 74 |
| Lala Lajpatrai Institute of Management, Mumbai | 94 | 95 | - | 82 |
Candidates looking forward to joining the best MBA colleges in Mumbai 2026 can choose a college based on their fees. The top MBA colleges in Mumbai fees are mentioned in the table below.
| College Name | Annual Fees (Approx.) |
|---|---|
| SPJIMR Mumbai | Rs 95,000 – Rs 20.75 Lakh |
| IIM Mumbai (ex-NITIE) | Rs 1.72 Lakh – Rs 12.5 Lakh |
| IIT Bombay (SJMSOM) | Rs 2 Lakh – Rs 42 Lakh |
| JBIMS Mumbai | Rs 50,680 – Rs 6.01 Lakh |
| K. J. Somaiya Institute of Management | Rs 82,675 – Rs 16.62 Lakh |
| SIMSREE Mumbai | Rs 48,915 – Rs 1.56 Lakh |
| MET Institute of Management | Rs 3.77 – Rs 13.77 Lakh |
| SIESCOMS Mumbai | Rs 2.60 – Rs 3.50 Lakh |
| IESMCRC Mumbai | Rs 46,000 – Rs 6 Lakh |
| Amity University Mumbai | Rs 3.42 – Rs 6.52 Lakh |
For admission to the best MBA colleges in Mumbai 2026 online and offline admission process is offered to students. The admission process timeline often includes filling out the application form, appearing for the entrance exams or selection process, securing seats, and getting a seat for admission at the desired college. Below we have mentioned key points regarding the admission process of the best MBA Colleges in Mumbai 2026:
Candidates interested in taking admissions to one of the well-known MBA colleges in Mumbai 2026, may check out the fees based on the course:
Check out the top government MBA colleges in Mumbai along with their respective fee structure.
| College Name | Annual Fees (Approx.) |
|---|---|
| IIT Bombay (SJMSOM) | Rs 2,00,000 |
| Jamnalal Bajaj Institute of Management Studies (JBIMS) | Rs 3,01,000 |
| IIM Mumbai (ex-NITIE) | Rs 6.63 – 14.63 Lakh |
| TISS Mumbai | Rs 40,600 – 1.05 Lakh |
| BSE Institute, Mumbai | Rs 5.60 Lakh |
| Sasmira’s Institute of Management Studies & Research | Rs 3.80 Lakh |
| SJMSOM – IIT Bombay | Rs 8.32 Lakh |
Here is the list of top private MBA colleges in Mumbai with their annual course fee.
| College Name | Annual Fees (Approx.) |
|---|---|
| SP Jain Institute of Management & Research (SPJIMR) | Rs 16.90 Lakh |
| K. J. Somaiya Institute of Management | Rs 16.29 Lakh |
| Sydenham Institute of Management Studies (SIMSREE) | Rs 51,000 |
| SIES College of Management Studies | Rs 2.60 Lakh |
| Universal Business School | Rs 11.00 Lakh |
| D.Y. Patil University – School of Management | Rs 4.20 Lakh |
| MET Mumbai | Rs 2.80 – Rs 10.00 Lakh |
| Durgadevi Saraf Institute of Management Studies | Rs 4.20 Lakh |
| Athena School of Management | Rs 6.75 Lakh |
The cutoffs for MBA colleges are based on various entrance exam scores such as CAT, MAT, MAH MBA CET, etc. Here is the top MBA Colleges in Mumbai cutoff.
| College Name | Expected Cutoff (2025–26) |
|---|---|
| SPJIMR Mumbai | CAT: VARC ≥ 80, DILR ≥ 80, QA ≥ 75, Overall ≥ 85 |
| IIM Mumbai | Overall ~85 percentile; sectional ≥75 |
| K. J. Somaiya Institute of Management | MAH CET: 99.75 percentile; All India: 99.97 percentile |
| SIMSREE Mumbai | Overall ≥ 85 percentile |
| JBIMS Mumbai | MAH CET ≥ 99.9 percentile |
Here are some of the top MBA colleges in Mumbai and their average salary in placements:
| Name of the College | Average Salary in Placement (Rs in Lakhs Per Annum) |
|---|---|
| Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay, Mumbai | Rs 25.82 LPA |
| NITIE Mumbai: National Institute of Industrial Engineering | Rs 29.44 LPA |
| JBIMS - Jamnalal Bajaj Institute of Management Studies | Rs 26.12 LPA |
| NMIMS Mumbai: School of Business Management, Narsee Monjee Institute of Management Studies - SBM | Rs 25.13 LPA |
| Principal L N Welingkar Institute of Management Development and Research | Rs 13.96 LPA |
| K J Somaiya Institute of Management | Rs 12 LPA |
Across India, many entrance exams are conducted on national level, state level, and institute or university level. Aspirants are admitted based on the scores achieved by the candidates in these entrance exams. Here are some of the entrance exams that are accepted in the best MBA colleges in Mumbai 2026:
| College (Mumbai) | Type | Exams from your list they accept (for main MBA/MMS/PGDM) |
|---|---|---|
| IIM Mumbai (ex-NITIE) | Central Govt (IIM) | CAT only for flagship MBA & MBA (OSCM). |
| SJMSOM, IIT Bombay | Central Govt (IIT) | CAT (main); GMAT only for international category. |
| SPJIMR Mumbai | Private (autonomous) | CAT, GMAT for PGDM; other exams are not the main route. |
| NMIMS School of Business Management, Mumbai | Private deemed | NMAT by GMAC is mandatory for flagship MBA; GMAT sometimes for a few global/executive formats. No CAT/XAT/CMAT. |
| JBIMS (Jamnalal Bajaj) | Govt (Univ. of Mumbai) | MAH CET (MAH MBA CET), CAT, CMAT. |
| SIMSREE | Govt (Univ. of Mumbai) | MAH CET, CAT, CMAT, XAT. |
| K J Somaiya Institute of Management | Private | CAT, CMAT, XAT, MAT, GMAT, ATMA, NMAT, MAH CET. |
| Welingkar (Prin. L. N. Welingkar / WeSchool) | Private | CAT, CMAT, XAT, MAT, GMAT, ATMA, MAH CET for PGDM/MMS. |
| MET Institute of Management / MET PGDM | Private | CAT, CMAT, XAT, MAT, GMAT, ATMA, MAH CET. |
| SIES College of Management Studies (SIESCOMS) | Private | CAT, CMAT, XAT, MAT, GMAT, ATMA, MAH CET. |
| IES MCRC (IES’s Management College & Research Centre) | Private | CAT, CMAT, XAT, MAT, GMAT, ATMA, MAH CET. |
| Amity University Mumbai | Private deemed | CAT, XAT, MAT, GMAT, NMAT, MAH CET. |
| IBS Mumbai (ICFAI Business School) | Private | IBSAT, CAT, XAT, GMAT, NMAT accepted for MBA/PGPM. |
Now, let us check some of the top colleges accepting scores of popular MBA entrance exams:
Check the detailed list below for the best MBA colleges that accept CAT scores in Mumbai.
Here are some of the best MBA Colleges in Mumbai 2026 accepting MAT scores:
Some of the colleges accepting CMAT scores for MBA admissions in Mumbai are listed below:
Here are a few of the colleges accepting MAH MBA CET scores in Pune:
Before selecting a college, candidates must also check the Return on Investment (ROI). It is an important parameter for the selection of a college. Here is a table that will help understand the ROI of some of the top MBA colleges in Mumbai:
ROI Percentage={(Average Placement Package)/(Average Annual Fee)}*100%
| College Name | Average Salary (LPA) | Average Fee (Lakh) | ROI Rank |
|---|---|---|---|
| SPJIMR Mumbai | 32 | 26.5 | 1 |
| NMIMS SBM Mumbai | 25.13 | 20–25 | 2 |
| IIM Mumbai (ex-NITIE) | 29.44 | 1.5–12 | 3 |
| IIT Bombay (SJMSOM) | 12–13 | 16–25 | 4 |
| K. J. Somaiya Institute of Management | 12 | 16.29 | 5 |
| Welingkar Institute (WeSchool) | 13.96 | 8–10 | 6 |
| JBIMS Mumbai | 26.12 | 3 | 7 |
Here are the top specializations offered by the top MBA colleges in Mumbai 2026:
Top recruiting companies that hire MBA graduates from the colleges of Mumbai are as follows:
Mumbai, Maharashtra
Government
AICTE
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Ranking : Top 10 National Ranking - Ranked #6 Nationally (NIRF 2025) - Ranked #9 in IIRF 2025, #9 in The Week 
Region : Financial Capital Advantage - Proximity to major corporate houses - Unparalleled industry engagementFees : Mid-Range Fees - Rs21 L (Total) for 2-year MBA - More affordable than older IIMsROI : Excellent ROI - Strong placements vs. fee structure - Competitive compensation packagesFlagship Course : Operations & Supply Chain Excellence - Renowned as 'Mecca of Supply Chain' - Flagship MBA in OperatiSpecialization : Niche Management Expertise - Strong in Operations and Supply Chain - Growing focus on Sustainability
Placement Focus : Diverse Industry Placements - Strong in Consulting, Manufacturing, FMCG - Significant roles in IT, PTop Industries : Leading Sector Recruitment - Consulting, Manufacturing, FMCG, IT - BFSI, E-commerce, Logistics, PharDiversity : Enhanced Gender Diversity - 47.1% female students in 2024-26 batch - Increased non-engineer student Internship : High-Value Internships - Highest stipend Rs4.80 L (2 months) - Interns at Accenture, Amazon, ITC, Co
Partnerships/Exchange : Global & Industry Connect - Established with UNDP and ILO assistance - Avenues for global collaboratAlumni : Vast Influential Network - Large, strong alumni base globally - Leaders in diverse corporate sectorsGuest Lecturers : Industry & Academic Insights - Regular leadership talks, panel discussions - Participation from over
Mumbai, MaharashtraPublic
AICTE
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Ranking : Top National & Global Ranks - Rank #3 NIRF Engineering 2024 - Rank #129 QS World University 2025Region : Strategic Mumbai Advantage - Proximity to India's financial capital - Access to diverse industry hubFees : Competitive Fee Structure - B.Tech: Rs 8.75-10.26 L (Total) - M.Tech: Rs 1.24 L (Total)ROI : Excellent Return on Investment - High average placement packages - Strong career growth prospectsFlagship Course : Leading Engineering Programs - Computer Science and Engineering - Electrical EngineeringSpecialization : Advanced Interdisciplinary Learning - AI, Data Science, Cybersecurity programs - Interdisciplinary mPlacement Focus : Diverse Industry Placements - Strong in Tech, Consulting, Core Engineering - Offers from top global Top Industries : Key Recruiting Sectors - Engineering & Technology, IT/Software - Consulting, Finance, Research & DevDiversity : Global Student & Offer Diversity - Significant international job offers - Global academic collaboratInternship : Internships with Industry Leaders - Opportunities at Google, Microsoft, Apple - Projects in FMCG, CoPartnerships/Exchange : Extensive Global Collaborations - Partnerships with MIT, Stanford, ETH Zurich - Joint EMBA with WashAlumni : Influential Global Alumni Network - Parag Agrawal (ex-Twitter CEO), Nandan Nilekani (Infosys) - Mano
Mumbai, MaharashtraPrivate
AICTE
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Ranking : Top-Tier National & Global Rank - #35 globally, #3 in India (FT MiM 2025) - #20 Nationally (NIRF ManRegion : Financial Capital Advantage - Proximity to India's corporate headquarters - Unmatched industry exposFees : High Fees - Rs26.5 L (Total PGDM Program)ROI : Excellent Return on Investment - High average placements relative to feesFlagship Course : Flagship PGDM Program - Holistic, industry-relevant management education - Strong foundation in coreSpecialization : Flexible Specialization Choices - Finance, Marketing, Operations, Information Management - Option toPlacement Focus : Diverse Industry Placements - Consulting (BCG, Deloitte), FMCG (HUL, P&G) - BFSI (Morgan Stanley), TTop Industries : Leading Recruiting Sectors - Consulting, FMCG, BFSI, IT/ITES - E-commerce, Manufacturing, Pharma & HDiversity : Rich Student Diversity - Students from 25+ states, varied professional backgrounds - Balanced genderInternship : High-Stipend Global Internships - 100% internships with top companies - Roles in Consulting, IB/PE, Partnerships/Exchange : Extensive Global Immersion - Exchange programs with Cornell, CMU, ESADE - Multi-week modules at top Alumni : Powerful Global Alumni Network - 18,000+ alumni in leadership roles worldwide - CEOs of Bacardi, NASGuest Lecturers : Industry Expert Interactions - Frequent sessions with CXOs, business leaders - Alumni share real-wor
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Ranking : Top National Rankings - NIRF Management #21 (2024) - IIRF Private MBA #5 (2025)Region : Financial Capital Advantage - Proximity to major corporate hubs - Direct access to industry leaders
Tier : Elite Institution Status - Recognized as T1 (Elite) B-SchoolFees : High Investment - Rs27 L (Total) for MBA CoreROI : Excellent Return - Investment recovered within 1-2 years - Strong average salary packagesFlagship Coures : Flagship MBA Programs - MBA Core, MBA HR, MBA Pharmaceutical ManagementSpecialization : Diverse MBA Specializations - Finance, Marketing, HR, Business Analytics - Strategy, Operations, DigPlacement Focus : Industry-Specific Placements - Strong in BFSI, Consulting, FMCG sectors - Growth in E-commerce, IT, Top Industries : Leading Recruitment Sectors - BFSI, Consulting, FMCG/FMCD - E-commerce, IT, Product-basedDiversity : Global & Gender Diversity - Cross-cultural learning via exchange programs - 29% women students in MBInternship : High-Value Internships - PPOs from Goldman Sachs, Deloitte, KPMG - Projects in BFSI, Consulting, FMCPartnerships/Exchange : Extensive Global Network - Over 50 international partner institutions - Dual degree with University Alumni : Influential Alumni Network - 10 lakh+ alumni in leadership roles - CEOs, MDs across diverse industriGuest Lecturers : Industry Expert Sessions - Eminent CEOs, CXOs share insights - Regular interaction with corporate le
Mumbai, MaharashtraPrivate
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Mumbai, MaharashtraPrivate
NBA
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Mumbai, MaharashtraPrivate
UGC
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Ranking : Recognized National & Regional Standing - NIRF 43rd (University), 37th (Engineering) - QS Asia #263 Region : Financial Capital Advantage - Proximity to Mumbai's financial and entertainment hub - Enhanced indusFees : High Investment -Rs 8.24-12.32 L (Total B.Tech) -Rs 9.44-11.44 L (Total MBA)ROI : Good Value - Competitive median packages for graduates - Strong industry alignment for career growthFlagship Course : Leading Programs - B.Tech Computer Science Engineering - Master of Business Administration (MBA)Specialization : Diverse Industry-Aligned Specializations - B.Tech in CSE, AI, Biotechnology - MBA in Banking & FinanPlacement Focus : Robust Corporate Engagement - Industry-oriented curriculum design - Dedicated Corporate Resource CenTop Industries : Key Recruiting Sectors - IT (Amazon, TCS, IBM), Finance (HDFC Bank, SBI Card) - Consulting (DeloitteDiversity : Global & Cultural Exposure - Students from across India and abroad - Foreign language training (MandInternship : Industry-Leading Internships - Interns at Shoppers Stop, Tata Strive Ltd - Projects in Retail, FinanPartnerships/Exchange : International Academic Collaborations - Strong international affiliations - Offers '3 Continent' proAlumni : Distinguished Alumni Network - Kulpreet Yadava (Actor, Screenwriter) - Dev Joshi (Actor), Irene BiruGuest Lecturers : World-Class Faculty Engagement - Nobel Laureates as guest faculty - Top scientists and industry stal
Mumbai, MaharashtraGovernment
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Ranking : Top National Rankings - NIRF 2025: #41 Engineering, #6 Pharmacy - IIRF 2025: #5 Deemed UniversityRegion : Strategic Mumbai Location - Financial Capital Advantage - Proximity to major chemical industriesFees : Mid-Range Fees - UG:Rs 1.33-5.28 L (Total) - PG:Rs 1.36-2.45 L (Total)ROI : Excellent Return on Investment - Highest packageRs 60 LPA (2025) - Strong average packages for UG/PGFlagship Course : Leading Chemical Programs - Chemical Engineering - Pharmaceutical Chemistry & TechnologySpecialization : Diverse M.Tech Specializations - 15+ M.Tech programs offered - Focus: Chemical, Pharma, Food, PolymePlacement Focus : Core Industry Placements - Strong in Chemical, Oil & Gas - Top firms: Reliance, ExxonMobilTop Industries : Key Recruiting Sectors - Oil & Gas, Chemicals - Pharmaceuticals, FMCGInternship : Industry-Integrated Internships - Mandatory internships with stipends - Companies: ExxonMobil, AsianPartnerships/Exchange : Global Academic Collaborations - MoU with University of Leeds (UK) - International research and studAlumni : Influential Global Network - Mukesh Ambani (Reliance Industries) - Ashwin Dani (Asian Paints)Guest Lecturers : Industry Expert Insights - Regular industry interactions - Enhance practical knowledge
Mumbai, MaharashtraPrivate
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Mumbai, MaharashtraPrivate
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Mumbai, MaharashtraPrivate
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Ranking : Recognized National Rankings - Ranked #50 Nationally in Journalism (IIRF 2025) - Ranked #7 Arts, #10Region : Strategic Mumbai Location - Financial Capital Advantage - Seafront location, Girgaon ChowpattyFees : Affordable to Mid-Range Fees - Low/Mid: Rs10,745 - Rs1.48 L (Total)ROI : Good Value for Investment - Good Value: Median Rs2.2-3.3 LPA - Highest Package: Rs11-12 LPAFlagship Course : Popular UG/PG Programs - Flagship courses in Arts, Management - Popular: BA, BMS, B.Sc, B.Com, BMMSpecialization : Diverse Academic Offerings - Strong programs in Journalism (BMM) - Management (BMS), Information TecPlacement Focus : Industry-Oriented Placements - Diverse sectors: IT, Consulting, Finance - FMCG, Media, Hospitality pTop Industries : Key Recruiting Sectors - IT, Consulting, Banking, Finance - FMCG, Media, Communications, HospitalityDiversity : Rich Multicultural Environment - Multicultural student body, pan-India - International students, gloInternship : Valuable Industry Internships - Internships at Morgan Stanley, Tata, TCS - Projects in Media, BankinAlumni : Illustrious Alumni Network - Morarji Desai (Former PM of India) - Kunal Shah (CRED Founder), Nissim 
Mumbai, MaharashtraPrivate
AICTE
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Ranking : Top National Rankings - Ranked #10 Nationally (Outlook ICARE 2024) - Ranked #19 Nationally (IIRF 202Region : Financial Capital Advantage - Proximity to corporate hubs, networking - Access to finance, consultinFees : Low Fees Structure - Rs6-8.34 L (Total) for MMS programROI : Excellent Return on Investment - High average placements vs. low feesFlagship Course : Flagship MMS Program - Master of Management Studies (MMS) - MSc Finance, MHRD also highly regardedSpecialization : Diverse Specialization Options - Strong in Finance, Marketing, Operations - HR, Systems and Digital Placement Focus : Robust Industry Placements - BFSI, Consulting, FMCG, IT sectors - Top companies: McKinsey, Deloitte,Top Industries : Leading Recruiting Sectors - BFSI & Investment Banking, Consulting - FMCG & Pharma, Conglomerates, IDiversity : Diverse Student Cohort - Students from varied academic backgrounds - Mix of freshers and experiencedInternship : High-Value Summer Internships - Interns at McKinsey, BCG, Deloitte, PwC - Projects in BFSI, FMCG, CoAlumni : Powerful Alumni Network - Known as "CEO Factory" for leaders - Uday Kotak, Chanda Kochhar, Ajay PiraGuest Lecturers : Industry Stalwart Lectures - Eminent management experts, senior managers - CEOs from diverse fields 
Mumbai, MaharashtraPrivate
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Ranking : National Recognition - Ranked #158 Overall by IIRF 2024 - Recognized among Top Emerging UniversitiesRegion : Strategic Location Advantage - Proximity to Raipur, state capital - Access to urban amenities, indusFees : Affordable Education - Mid-range: Rs1.0 L - Rs2.1 L (Total MBA) - UG: Rs10K - Rs80K (Per Year)ROI : Good Return on Investment - Average package Rs10.8 LPA (2022) - Highest package up to Rs17.2 LPA (20Flagship Course : Popular Programs Offered - Flagship MBA program with diverse specializations - Popular B.Tech, B.Sc,Specialization : Industry-Focused Specializations - Industry-integrated B.Tech in AI, Data Science - MBA specializatiPlacement Focus : Strong Career Support - Dedicated placement cell, 100% job assistance - Focus on corporate career buTop Industries : Diverse Industry Placements - BFSI, IT, Consulting, FMCG, Healthcare - Top companies: Infosys, AmazoInternship : Valuable Internship Opportunities - Internships with Infosys, Reliance, Amazon - Paid internships, pPartnerships/Exchange : Global Academic Collaborations - Dual degrees with Rushford Business School (Switzerland) - MoUs witAlumni : Engaged Alumni Network - Active network for professional contacts - Mentorship programs, networking 
Mumbai, MaharashtraPrivate
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Mumbai, MaharashtraPrivate
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Ranking : Top National & Regional Ranks - Ranked #20 Business Today (Private) - Ranked #7 Careers360 (West ZonRegion : Financial Capital Advantage - Proximity to major financial hubs - Access to diverse industry opportuFees : Mid-Range Fees - Rs9.09 L (Total) for PGPMROI : Good Value for Investment - Competitive average packageFlagship Course : Flagship PGPM Program - Two-year Post Graduate Program in ManagementSpecialization : Diverse Management Specializations - Finance, Marketing, HR, Operations, IT & Systems - Opportunity Placement Focus : Strong Corporate Placements - High placement rate across sectors - Focus on management, consulting rTop Industries : Leading Industry Recruiters - Financial Services (HDFC Bank, Tata Capital) - Consulting (Deloitte, EInternship : Mandatory Industry Internships - 14-week Summer Internship Program - Internships at Deloitte, ICICI Alumni : Extensive Alumni Network - 66,000+ alumni across IBS groupGuest Lecturers : Regular Industry Interactions - Frequent guest lectures by experts
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Mumbai, MaharashtraDeemed to be University
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Among the Mumbai-based institutes, the fee range for IIM Mumbai starts at Rs 1,72,500 per year, which can be considered relatively lower compared to other top institutes charging higher fees.
The fees for IIM Mumbai range from Rs 1,72,500 to Rs 12,50,000 per year, depending on the program and specialisation.
SP Jain Institute of Management & Research (SPJIMR) holds the number 1 rank based on Return on Investment (ROI) among Mumbai MBA colleges, offering an average salary of Rs 26.36 Lakhs against fees of Rs 16.9 Lakhs annually.
The highest average salary among the top MBA colleges in Mumbai is around Rs 26.36 Lakhs per annum at SP Jain Institute of Management & Research (SPJIMR). Other top colleges like NMIMS and NITIE also offer high average packages ranging between Rs 19 Lakhs and Rs 20 Lakhs.
Jamnalal Bajaj Institute of Management Studies (JBIMS) and Tata Institute of Social Sciences (TISS) are among the colleges with relatively low fees. For example, JBIMS fees range from Rs 50,680 to Rs 6,01,000 per year, and TISS charges between Rs 40,600 and Rs 1,05,000.
The top five MBA colleges in Mumbai include SP Jain Institute of Management & Research (SPJIMR), IIM Mumbai, IIT Bombay, Jamnalal Bajaj Institute of Management Studies (JBIMS), and Narsee Monjee Institute of Management Studies (NMIMS). These colleges consistently rank high in NIRF and other management rankings and are known for their quality education and strong placements.
Apart from the course of MBA, the MBA colleges of Mumbai also offer various diploma, certificate, and post graduate diploma in management. Degrees of MMS and MFM are also provided at the PG level.
Yes, almost all the MBA colleges of Mumbai offer student accommodation and hostel facility to students.
The MBA specialisation of Finance has the maximum demand and popularity in the MBA colleges of Mumbai.
The MBA colleges of Mumbai offering MBA in Digital Marketing are Garware Institute Of Career Education And Development, Rizvi Institute Of Management Studies And Research, and Wici Mumbai.
Yes, there are several MBA colleges in Mumbai which offer the degree in part time mode. Jamnalal Bajaj Institute Of Management Studies, NMIMS, KJ Somaiya, GICED, Universal Business School, etc. are some of the most popular part time MBA colleges in Mumbai.
The average course fee of MBA colleges in Mumbai is approximately Rs. 6-8 lacs.
Some of the best MBA colleges in Mumbai are S.P. Jain Institute Of Management And Research, K. J. Somaiya Institute Of Management Studies And Research, Narsee Monjee Institute Of Management Studies, Garware Institute Of Career Education And Development, etc.
Different MBA colleges of Mumbai accept different MBA entrance exams for their selection process. Some of the most popular exams are CAT, CMAT, MAT, and MAH CET.
Among all the MBA colleges in Mumbai, around 210 are privately funded.
The number of total MBA colleges in Mumbai is over 220.
CAT
XAT
MAT
CMAT
ATMA
SNAP
Placement Trends
