Top MBA Colleges in Mumbai 2024

List Of 64 MBA colleges in Mumbai

Mumbai is famous for offering a wide range of vocational courses to students from all over India. Candidates who are planning to pursue MBA from the top MBA Colleges in Mumbai, should necessarily fall under the eligibility criteria mentioned by these colleges. It is also important to keep the reservation policies in mind, as has been determined by the Directorate of Technical Education, Maharashtra (DTE).

For pursuing MBA in Mumbai, candidates should have graduation degree from recognised institution with the minimum qualifying marks. Exams like CAT, MAT, XAT, CMAT and PGCET are some known entrance tests for MBA in India. Besides this, the MAH CET is the state’s MBA entrance exam conducted for admission to MBA/PGDM colleges in Mumbai. The top MBA Colleges in Mumbai are known for their contemporary style of educational system which is in sync with the changing environment of the industry. The exposure that the students get in these colleges, make them stand firm in the global platform of the corporate world.

The faculties of these colleges are a group of experienced and knowledgeable people from academics as well as the industry. Following is the list of top MBA Colleges in Mumbai, for students to check and choose the best college as per their requirement. Make sure to choose the college that suits your career aspirations and remember to check the details like fee structure, hostel facilities and placement history of the colleges.

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  • Mumbai
  • M.B.A. (Master of Business Administration)

IIT Bombay

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

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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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
  • General Management (33)
  • Business Administration (15)
  • Marketing (14)
  • Human Resources Management (13)
  • Finance (12)
  • International Business (10)
  • Executive MBA (9)
  • Entrepreneurship / Family business (8)
  • Operations Management (7)
  • Banking (6)

Don Bosco Institute of Technology

  • Approved by: AICTE
  • Type: Private Unaided

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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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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Marine Engineering and Research Institute

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

JBIMS Mumbai

  • Approved by: AICTE NAAC
  • Type: Private Aided
  • NIRF Ranking: 59
Thadomal Shahani Centre for Management (TSCFM) is one of the top MBA colleges in Mumbai, established in 2011. It’s a private institution, affiliated to Anglia Ruskin University and EduQual. The TSCFM Mumbai admission mode is online. The institution offers courses at UG, PG & Diploma levels. The popular Thadomal Shahani Centre for Management courses are PG Diploma, Global MBA & PGDBM. The institution has a good placement record. The top recruiters of the TSCFM placements are Edelweiss, HDFC Bank, JP Morgan, Deloitte, Reliance, Google, ICIC Bank, BSE, CRISIL, Motilal Oswal etc.
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IIBMS Mumbai

  • Approved by: NHRD
  • Type: Private

Indian Management Institute

  • Approved by: UGC NAAC AICTE
  • Type: Private

DYPUSM Mumbai

  • Approved by: UGC NAAC
  • Type: Private Unaided
  • NIRF Ranking: 69

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.

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ICE Mumbai

  • Approved by: AICTE
  • Type: Private

National Institute of Management & Research Studies, Mumbai

  • Approved by: UGC Govt. of Maharashtra
  • Type: Private

Times Pro. Mumbai

  • Type: Private

GNIMS Mumbai

  • Approved by: AICTE NBA
  • Type: Private

SBM Mumbai

  • Approved by: NAAC AICTE
  • Type: Private

Acton Business School (ABS), Mumbai

  • Approved by: UKAS (United Kingdom Accreditation Services),
  • Type: Private

SJMSOM Mumbai

  • Approved by: AICTE
  • Type: Private
  • NIRF Ranking: 42
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.
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