Top Management Colleges in Mumbai 2024

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IIM Mumbai

  • Approved by: AICTE NAAC
  • Type: Government
  • NIRF Ranking: 7
NITIE Mumbai is popular for Industrial Engineering and Management courses in India. NITIE offers multiple PG Diploma courses such as Industrial Engineering, Industrial Management, Sustainable Management and many more. For admission at NITIE Mumbai, a valid score in CAT is mandatory. The highest salary package offered ay NITIE placements goes up to Rs 44 LPA, and the average salary goes up to Rs 20 LPA. Some of the popular companies visiting the NITIE campus include Axis Bank, Amazon, RBL Bank and many more.
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IIT Bombay

  • Approved by: AICTE
  • Type: Government
  • NIRF Ranking: 10

SP Jain Institute of Management and Research

  • Approved by: AICTE NBA AMBA AACSB
  • Type: Private
  • NIRF Ranking: 20
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.
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NMIMS Mumbai

  • Approved by: UGC NBA NAAC AICTE
  • Type: Private Unaided
  • NIRF Ranking: 21
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.
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KJ SOMAIYA Mumbai

  • Approved by: NBA SAQS AACSB AIU MHRD ISO AICTE
  • Type: Private Unaided
  • NIRF Ranking: 45
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.
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Welingkar Mumbai

  • Approved by: NBA AICTE HRD Ministry of India.
  • Type: Private Unaided
  • NIRF Ranking: 73
  • MBA (63)
  • PGDM (52)
  • PGD (72)
  • MMS (59)
  • PGPM (10)
  • MFM (16)
  • Executive MBA (12)
  • MMM (14)
  • MHRDM (15)
  • PGDBM (2)

Amity University Mumbai

  • Approved by: UGC AIU Government of Maharashtra
  • Type: Private (State University)

Institute of Chemical Technology

  • Approved by: AICTE
  • Type: Private
  • NIRF Ranking: 41

Tata Institute of Social Sciences

  • Approved by: UGC AICTE Government of India NAAC
  • Type: Private Unaided

Jamnalal Bajaj Institute of Management Studies

  • Approved by: AICTE
  • Type: Private
  • NIRF Ranking: 14
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.
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ISBM University

  • Approved by: AICTE British Standard institute (BSI) NCHEMS CODL ASCBE (Europe) NHRD IADL
  • Type: Private

Don Bosco Institute of Technology

  • Approved by: AICTE
  • Type: Private Unaided

ICFAI Business School (IBS), Mumbai

  • Type: Deemed University
  • NIRF Ranking: 9

Vidyalankar Institute of Technology

  • Approved by: NBA NAAC AICTE
  • Type: Private Unaided
Vidyalankar Institute of Technology is one of the popular management institutes in Mumbai providing admission to eligible candidates to its Master’s in Management Studies programme. The Department of Management Studies was introduced in 2007. VIT has been approved by the AICTE and is affiliated to the University of Mumbai. It has been accredited by the NAAC with an excellent grade of A+. Admission to all the courses is made purely based on entrance exams. It accepts scores of exams such as MAH-CET, CMAT, CAT, MAT, and ATM for MMS admissions. The students also get the opportunity to specialise in fields such as marketing, finance, operations, systems, and HR.
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Universal Business School (UBS,UBS Mumbai), Mumbai

  • Approved by: AICTE NBA AMBA AACSB AIU IACBE ACICS EFMD
  • Type: Private Unaided
  • NIRF Ranking: None

UBS Mumbai is one of the popular business schools in Mumbai approved by All India Council for Technical Education (AICTE). One-year full-time MBA and one year part-time EMBA are the courses offered by the Institute. Universal Business School offers MBA program in four specializations namely marketing, finance, human resource and project management. Whereas, EMBA program is available in marketing and finance only. Universal Business School placements are offered to the candidates through the help of its dedicated placement cell that works on the overall development of a candidate to make him suitable to the requirement of the industry.

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Pearl Academy Mumbai

  • Approved by: AICTE
  • Type: Private

MNLU Mumbai

  • Approved by: UGC Bar Council of India
  • Type: Public

Istituto Marangoni

  • Type: Private
  • NIRF Ranking: 8

Sydenham Institute of Management Studies Research and Entrepreneurship Education

  • Approved by: AICTE
  • Type: Government Aided
  • NIRF Ranking: 27
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.
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MET Mumbai

  • Approved by: AICTE NBA PCI ISO DTE
  • Type: Private Unaided
  • NIRF Ranking: 4
MET Institute of Management is considered one of the best and top MBA colleges in Mumbai. Established in 1989, MET Institutes are ISO certified, with affiliations to the University of Mumbai, Directorate of Technical Education, AICTE, MSBTE, PCI, C-DAC - Ministry of Communications and Information Technology, and The Chartered Insurance Institute (CII), London. Ranked 19 Overall by TOI 2021. METoffers diploma, advanced diploma, master's, and doctoral degree in management specializations, pharmacy, IT, Mass media, and Bachelor in Pharmacy. For Ph.D. programs admission is based on NET-JRF/ SET/ GATE or CSIR/ UGC/ ICAR score+ PI. For management and Finance courses, it accepts MAH-CET/ CAT/ CMAT/ XAT/ ATMA/ MAT score+GD+PI. Leading companies are TCS, Edelweiss, InfoEdge, Armstrong, Honeywell, Credit Rating Analyst, Equity Research, Tax Consultant, and many more.
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Indira Gandhi Institute of Development Research

  • Approved by: UGC NAAC
  • Type: Local Body

Athena School of Management

  • Type: Private
  • NIRF Ranking: 2

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.

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The International Institute of Sports & Management (IISM), established in 2010, is the pioneer of sports & management education in India, It is approved by the University of Mumbai & GICED. The institute offers various sports courses at UG and PG levels namely Bachelor of Sports Management (BSM), Bachelor of Sports Science (BSS), Master of Sports Management (MSM), Master of Sports Science (MSS), and PGP in Sports Management. Admission to management courses is based on marks scored in SMAT entrance For sports science courses, the institute accepts SSAT scores.
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Lala Lajpatrai Institute of Management

  • Approved by: Govt. of Maharashtra AICTE
  • Type: Private Unaided
  • NIRF Ranking: 109

Marine Engineering and Research Institute

  • Approved by: Govt. of India
  • Type: Private

Maharashtra

  • Approved by: ISO DTE AICTE
  • Type: Private Unaided
  • NIRF Ranking: 5
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.
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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.
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