Top Finance Colleges in Mumbai May 2023: Ranking, Fees, Cut Off 2023

Jamnalal Bajaj Institute of Management Studies

Approved by: AICTE
Type: Private

Jamnalal Bajaj Institute of Management Studies is one of the top MBA colleges in Mumbai, established in 1965. It’s a private institution, approved by AICTE. The JBIMS Mumbai courses are PGDM, PGD, MBA & MMS. The admission process is simple and straightforward. The JBIMS admissions are based on the entrance exam and merit scores. The placement record of this institution is wonderful. The average placement package is Rs 27.63 LPA. The highest JBIMS Mumbai placements salary package is Rs 42 LPA. The top recruiters of this institution are Accenture, Deloitte, E&Y, DE Shaw & Co., Infosys, Piramal, HDFC Bank and many more.

Fee Structure

SJMSOM Mumbai

Approved by: AICTE
Type: Private

Shailesh J. Mehta School of Management, popularly known as SJMSOM, is a part of IIT Bombay, established in 1995. SJMSOM offers a two-year flagship MBA programme. SJMSOM IIT Bombay accepts the scores of CAT /GMAT for its Masters's programme in Management. The admissions at SJMSOM IIT Bombay are based on CAT scores and past academic records, followed by personal interview. SJMSOM highest package 2022 offered was Rs 49 LPA, whereas the average package stood at Rs 29.9 LPA. SJMSOS top recruiters include Amazon, Flipkart, TVs, and Asian Paints.

SJMSOM Mumbai Fees

SP Jain Institute of Management and Research

Approved by: AICTE NBA AMBA AACSB
Type: Private
NIRF Ranking: 21

SP Jain Institute of Management and Research (SPJIMR) is a private business school, established in 1981. It’s one of the top MBA colleges in Mumbai, accredited by AIU. The SPJIMR NIRF ranking is 21 in the management category. The popular courses offered at this institution are PGDM & PGPM. The average package offered at SP Jain Institute of Management and Research placements is Rs 23.6 LPA.

Fee Structure

Popular Specializations

KJ SOMAIYA Mumbai

Approved by: SAQS AACSB AIU MHRD ISO NBA AICTE
Type: Private
NIRF Ranking: 71

KJ Somaiya Institute of Management was founded in 1981 in Mumbai as a private B-school. KJ SOMAIYA Mumbai is one of the best management colleges in India, ranking in the top amongst full & part-time MBA colleges. KJ Somaiya Institute of Management ranks 71st in the list of NIRF 2022 top Management colleges in India. KJ SOMAIYA Mumbai MBA admissions are offered on the basis of CAT/ XAT / CMAT/ NMAT scores followed by personal interview. KJ SOMAIYA Mumbai highest salary package offered was Rs 26.5 lakh per annum.

KJ SOMAIYA Mumbai Fees

NMIMS Mumbai

85 Reviews

Approved by: UGC NAAC NBA AICTE
Type: Deemed University Private
NIRF Ranking: 89

Narsee Monjee Institute of Management Studies was established in 1981 and has since grown to become a globally renowned institution. The Shri Vile Parle Kelavani Mandal (SVKM), recognised for its social concern, decided to meet India's growing demand for management institutes. The University Grants Commission and the Ministry of Education have authorised the institute, and it is accredited by the NAAC and NBA. The management college is AACSB certified, while the Bengaluru and Hyderabad programmes are AMBA accredited. The Mumbai University was the first to recognise the institute. NMIMS currently offers 17 specialised schools and 16 fields. Management, business, commerce, and economics, pharmaceutical sciences, engineering, and technology management are among the programmes offered.

NMIMS Mumbai Fees

Sydenham Institute of Management Studies Research and Entrepreneurship Education

Approved by: AICTE
Type: Private

Sydenham Institute of Management Studies, Research, and Entrepreneurship Education (SIMSREE) was established in 1983 located in Mumbai, as a private institute. The college is approved by the AICTE and is affiliated to Mumbai University. It is one of the top and most popular Management institutes in India and offers PG and PhD courses in various specializations. The institute offers Full-time Masters Program in specializations of Finance, HR, Marketing, Operations and Systems and a part-time master’s program in Marketing and Finance. SIMSREE accepts merit scored in national level examinations of - MAH CET or CAT/ XAT/ MAT along with the merit scores.

Fee Structure

Management Colleges in Cities

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DYPUSM Mumbai

2 Reviews

Approved by: UGC NAAC
Type: Private

DYPUSM Mumbai also known as DY Patil University School of Management is amongst the popular management institutes in Mumbai and is accepted by UGC and AICTE. The university is approved by NAAC-A Grade. DY Patil University School of Management Mumbai (DYPUSM) provides UG and PG courses like BBA and MBA. The university accepts admission on a merit basis in the university entrance exam. The annual fee for the MBA programme ranges between Rs 5,00,000 - 6,30,000.

DYPUSM Mumbai Fees

Garware Institute of Career Education and Development

2 Reviews

Approved by: NAAC
Type: Private

Garware Institute of Career Education and Development (GICED) is a private institution, established in 1981. It’s one of the top MBA colleges in Mumbai. The most popular GICED Mumbai courses are PGDM & BA. The admission process is simple. Students who are willing to get Garware Institute of Career Education and Development Mumbai admission must appear in the entrance exam and qualify for the merit scores. The institution has a good placement record.

Fee Structure

Aditya Institute of Management Studies and Research (AIMSR), Mumbai

2 Reviews

Approved by: AICTE NAAC DTE
Type: Private

Aditya Institute of Management Studies and Research (AIMSR) is one of the top MBA colleges in Mumbai, established in 2011. It’s affiliated to the University of Mumbai and approved by AICTE. The most popular AIMSR Mumbai courses are PGDM & MMS. Admission to this institution is based on the entrance exam and merit scores. The campus is well-equipped with modern amenities. The Aditya Institute of Management Studies and Research placements report is wonderful.

Fee Structure

Management Colleges in States

ASM's Institute of Management and Computer Studies

2 Reviews

Approved by: AICTE NAAC
Type: Private

ASM’s Institute of Management and Computer Studies (ASM IMCOST) is a private institution, established in 2004. It’s one of the top MBA colleges in Mumbai, approved by AICTE and affiliated to Mumbai University. The ASM IMCOST courses are at UG & PG levels. The mode of the application process is online. Admission to ASM’s Institute of Management and Computer Studies Mumbai is based on the entrance exam and merit scores. The institution has an active placement cell that helps in bringing recruiters to this institution. The top recruiters of ASM IMCOST Mumbai placements are L & T Infotech, Birla Sun Life Insurance, ICICI Prudential, Yes Bank, etc.

Fee Structure

Athena School of Management

2 Reviews

Type: Private

Athena School of Management is a premier management institution in Mumbai. The college offers two-year full-time PGDM programmes. This management college in Mumbai uses the Socrates method of teaching, in which the faculty teaches 20% of the total sessions and the remaining 80% is centered on interactive sessions, debates, and discussions. The NMAT and GMAT scores of applicants are used to determine admission to Athena School of Management. ITC, Kotak and Vodafone are some of the top recruiters that visit Athena School of Management.

Fee Structure

BSE Institute Limited (BSE), Mumbai

Approved by: UGC
Type: Private

BSE Institute Limited is a pioneer and established leader in Financial Education offering varied courses in the field of Capital Markets, Banking & Financial Service Analytics, Data Science, Global Financial Markets, Banking & Finance, Cyber Security, Predictive Analysis, Financial Technology, Popular degrees offer BMS, BBA, B.Sc, PGP, and PGD. For post-diploma courses admission is based on CAT/ XAT/ MAT/ CMAT/ GMAT/ ATMA/ NMAT, MAHCET, and BIL-ET. Top recruiters are Axis Bank, Birla Sun Life Insurance, HDFC Bank, ICICI Bank, IDBI Capital, Kotak Mahindra Bank, JM Financial, Standard Chartered, Tata Motors, Religare, Reliance Capital, Yes Bank, and many more.

Fee Structure

Popular Degrees

Kohinoor Business School (KBS), Mumbai

Approved by: AICTE DTE, Mumbai
Type: Public

The Kohinoor Business School Mumbai (KBS Mumbai) is affiliated to Mumbai University, established in 2010. It’s one of the top MBA colleges in Mumbai, approved by AICTE. The KBS Mumbai courses are PGDM & MMS. The admission criteria are a bachelor’s degree with 50% marks passed from a recognised university or institution. The selection process for KBS Mumbai admissions is the entrance exam and merit scores. The placement report of this institution is outstanding. The highest KBS Mumbai salary package is Rs 10 LPA, and the average placements package is Rs 5.1 LPA. The top recruiters of this institution are HDFC Bank, IDFC First Bank, JK Tyres, Haldiram, ITC, Godrej, ICICI Bank, Colgate etc.

Fee Structure

Durgadevi Saraf Institute of Management Studies

Approved by: AICTE
Type: Private

Durgadevi Saraf Institute of Management Studies (DSIMS) was established in 2010. It’s one of the top MBA colleges in Mumbai, affiliated to Mumbai University and approved by AICTE. The DSIMS admission is based on the entrance exam and merit scores. The application mode of this institution is online. The Durgadevi Saraf Institute of Management Studies courses are PGDM, EPM, MDP & FDP. The highest placement package offered at this institute is Rs 7 LPA, and the average placement package is Rs 3.5 LPA. The DSIMS Mumbai placement cell is active enough to bring recruiters to the institution.