MBA Colleges in Mumbai

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Rachit Agrawal
Modified on 2020-02-20 
Read time: 6 mins

The best MBA colleges of Mumbai are the backbone of the financial capital of India by providing excellent job opportunities to its students. These institutions provide different management courses like Management of Business Administration and Post Graduate Diploma in Management. At present, Mumbai has about 109 private and ten government colleges for doing an MBA.

Some of the top colleges in Mumbai which impart management education are IIT Bombay, SPJain Institute of Management and Research, Narsee Monjee Institute of Management Studies, National Institute of Industrial Engineering, etc. There is such a huge number of colleges in Mumbai; therefore, all the different specializations of MBA are included ranging from Finance, Marketing, Supply Chain Management, and Urban Planning.

Admissions in colleges of Mumbai are made through entrance exams like CAT, XAT, MAHCET, and MAT. The approximate fees in top MBA colleges of Mumbai range from something between 12lakh – 18 lakh for a period of 2 years. Doing an MBA from these top colleges of Mumbai will open up the doors to top companies that are located in the financial capital of India.

  • 1- Totally 109 private and ten government colleges.
  • 2- Courses like PGP and PGDM are offered.
  • 3- All specializations of MBA are included.
  • 4- Fees range from 12lakh- 18lakh.
  • 5- Best location factor because of financial capital.

Top MBA colleges in Mumbai:

Admissions in colleges of Mumbai are made through entrance exams like CAT, XAT, MAHCET, and MAT. The best MBA colleges of Mumbai are the backbone of the financial capital of India by providing excellent job opportunities to its students. The top colleges for doing MBA in Mumbai are as follows:

Top MBA colleges

All the different specializations of MBA are included ranging from Finance, Marketing, Supply Chain Management, and Urban Planning. Top colleges in Mumbai which impart management education are IIT Bombay, SPJain Institute of Management and Research, Narsee Monjee Institute of Management Studies, National Institute of Industrial Engineering.

Top 10 MBA colleges in Mumbai

The MBA programs in Mumbai are offered in the form of PGP (postgraduate program) and PGDM ( post graduate diploma in management) The best MBA colleges of Mumbai are the backbone of the financial capital of India because they provide excellent job opportunities to its students.

Top 10 colleges 

  • 1- JBIMS
  • 2- SPJIMR
  • 3- NMIMS
  • 4- NITIE
  • 5- KJ Somaiya
  • 6- SIMSREE
  • 7- TISS
  • 8- L.N Wingkar
  • 9- SJMSOM
  • 10- SIES

Top 10 government MBA colleges in Mumbai

The government colleges have lower fees as compared to private colleges. Therefore the return over investment from these colleges is very high when compared to other private colleges that charge such high fees. The top government colleges for doing MBA in Mumbai are as follows

  • 1- JBIMS
  • 2- SIMSREE
  • 3- SJMSOM
  • 4- Alkesh Dinesh Mody Institute of financial and management studies
  • 5- NITIE
  • 6- SNDT Women’s university
  • 7- IIT Bombay
  • 8- VJTI
  • 9- Durgadevi Saraf institute of management studies
  • 10- Guru Nanak institute of management studies

Top 20 colleges of Mumbai

At present, Mumbai has about 109 private and ten government colleges for doing an MBA. These institutions provide different management courses like Management of Business Administration and Post Graduate Diploma in Management. The list of top 20 colleges are as follows:

Top 20 colleges

  • 1- JBIMS
  • 2- SPJIMR
  • 3- NMIMS
  • 4- NITIE
  • 5- KJ Somaiya
  • 6- SIMSREE
  • 7- TISS
  • 8- L.N Wingkar
  • 9- SJMSOM
  • 10- SIES
  • 11- IIM Nagpur
  • 12- MET Mumbai
  • 13- IMT Nagpur
  • 14- IES Management college 
  • 15- CIMR Mumbai
  • 16- VESIM Mumbai
  • 17- ITM Navi Mumbai
  • 18- NL Dalmia
  • 19- SDA Bocconi Asia center
  • 20- Kohinoor business school

Fees for MBA colleges in Mumbai

The government colleges have lower fees as compared to private colleges. Therefore the return over investment from these colleges is very high when compared to other private colleges that charge such high fees. The fees structure for various colleges are as follows:

  • 1- SP Jain: ₹17,50,000
  • 2- NMIMS: ₹19,76,000
  • 3- NITIE: ₹12,58,000
  • 4- JBIMS: ₹6,00,000
  • 5- SJMSOM: ₹8,30,000
  • 6- PLN Welingkar: ₹11,00,000
  • 7- IIM Nagpur: ₹11,50,000
  • 8- SIMSREE: ₹1,34,000

MBA colleges in Mumbai for IT

Top colleges of Mumbai also offer MBA courses in IT and systems. There are approximately 39 institutions in Mumbai that offer MBA in IT and systems. The fees are very low in government colleges, and the return over investment is high, which is not the case in private colleges.:

  • 1- IMSREE
  • 2- Jankidevi Bajaj institute of management
  • 3- Kohinoor business school
  • 4- ASM’s school of management
  • 5- VSB
  • 6- GNIMS
  • 7- NMIMS
  • 8- Bharati Vidyapeeth

MBA colleges in Mumbai for Finance

The colleges which provide MBA in IT are the same as the colleges for studying finance. The students can do an MBA in finance from these colleges. Finance is one of the most sought after fields of study preferred by students who are willing to do an MBA.

  • 1- SIMSREE
  • 2- Jankidevi Bajaj institute of management
  • 3- Kohinoor business school
  • 4- ASM’s school of management
  • 5- VSB
  • 6- GNIMS
  • 7- NMIMS
  • 8- Bharati Vidyapeeth

Executive MBA colleges in Mumbai

The executive MBA program is for working professionals who are willing to do an MBA at a fast pace. The fees for this course is very high and is basically for a time period of 1 year. The executive MBA colleges of Mumbai offer a 1-year program for experienced people.

  • 1- Narsee Monjee Institute of Management Studies, Mumbai. Executive MBA. 
  • 2- Guru Nanak Institute of Management Studies, Mumbai.
  • 3- Athena School of Management, Mumbai. 
  • 4- German Training Centre, Mumbai. 
  • 5- Indian Institute of Technology Bombay. 
  • 6- Thadomal Shahani Centre for Management, Mumbai.

MBA colleges in Mumbai without entrance exam

The competition for doing an MBA from a top-notch college in Mumbai is very high, so it becomes quite a difficult task to get admission in these colleges. However, there are also a few colleges that offer direct admission to its students. The list of those colleges are as follows:

  • 1- K. J. Somaiya Institute of Management Studies
  • 2- Welingkar Institute of Management Development
  • 3- N.L. Dalmia Institute of Management Studies
  • 4- IES Management College & Research Center
  • 5-School of Management, D. Y. Patil University
  • 6-Chetana’s Institute of Management & Research
  • 7- Vivekanand Education Society Institute of Management
  • 8- Bharati Vidyapeeth’s Institute of Management Studies
  • 9-Durgadevi Saraf Institute of Management Studies

Distance MBA colleges in Mumbai

Finding a quality education nowadays has been a bit easier because of advanced technologies. Through distance education, the reach of education has gone throughout the world, which has provided equal opportunity to its students to get the opportunity to learn something.

  • 1- NMIMS
  • 2- Welingkar Institute
  • 3- IGNOU
  • 4- YCMOU
  • 5- MGAHV
  • 6- SNDT

MBA colleges in Mumbai accepting MHCET score

The government colleges have lower fees as compared to the private colleges. Therefore the return over investment from these colleges is very high when compared to other private colleges that charge such high fees. The colleges which accept MHCET score in Mumbai are:

  • 1- Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai
  • 2. K J Somaiya Institute of Management Studies & Research (KJSIMSR), Mumbai
  • 3. Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE), Mumbai
  • 4. University of Pune – DMS (PUMBA)
  • 5. Prin. LN Welingkar Institute of Management Development & Research
  • 6. S.I.E.S. College of Management Studies, Mumbai
  • 7. Bharati Vidyapeeth’s Institute of Management Studies & Research
  • 8. Kohinoor Business School, Kurla (West), Mumbai
  • 9- Indira Institute of Management, Pune
  • 10. Durgadevi Saraf Institute of Management Studies, Malad(W), Mumbai

About the Author

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Rachit AgrawalRachit believes in the power of education and has studied from the top institutes of IIIT Allahabad, IIM Calcutta, and Francois Rabelias in France. He has worked as Software Developer with Microsoft and Adobe. Post his MBA, he worked with the world's # 1 consulting firm, The Boston Consulting Group across multiple geographies US, South-East Asia and Europe.

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