MBA Colleges in Mumbai Highlights
The candidates who are interested in joining colleges in Mumbai to study MBA must be aware of the below important highlights. Note the table below to get an idea of the key highlights for the best MBA colleges in Mumbai.
Parameters | Details |
Number of MBA colleges in Mumbai | 180-300 (approximately) |
MBA colleges in Mumbai Fees | The annual fee for MBA colleges in Mumbai varies from Rs 1 lakh to more than Rs 5 lakh. |
Top Specialisation Offered by MBA colleges in Mumbai | Finance Sales and Marketing Operations Human Resources IT and Systems Business Analytics Entrepreneurship International Business Supply Chain Healthcare and Hospital Leadership |
MBA colleges in Mumbai Entrance Exam | CAT, XAT, CMAT, MAT, GMAT, MAH-CET and many more. |
The number of IITs | IIT Mumbai |
MBA Colleges in Mumbai: NIRF Ranking 2022
NIRF ranking is given by MOE, Government of India, based on various parameters, including research, teaching and learning, professional activities, and career opportunities. Check the below table for the best MBA colleges in Mumbai as per NIRF 2022 ranking.
Best MBA Colleges in Mumbai | NIRF Ranking 2022 |
National Institute of Industrial Engineering, Mumbai | 9 |
IIT Bombay | 11 |
S. P. Jain Institute of Management and Research, Mumbai | 21 |
SVKM`s Narsee Monjee Institute of Management Studies | 25 |
Principal L N Welingkar Institute of Management Development and Research | 68 |
K.J Somaiya Institute of Management | 31 |
Top 10 MBA Colleges in Mumbai: Entrance Exam Accepted
Apart from the above-mentioned Colleges in MBA to study MBA, there are some other best institutes. Note the table below to get a list of the Top 10 MBA Colleges in Mumbai along with the exam accepted by this institute.
Sl No: | Top 10 MBA Colleges in Mumbai | Exam Accepted |
1. | SJMSOM IIT Bombay - Shailesh J. Mehta School of Management, Mumbai | CAT/GMAT/CMAT |
2. | S. P. Jain Institute of Management and Research, Mumbai | CAT/GMAT |
3. | JBIMS, Mumbai- Jamnalal Bajaj Institute of Management Studies | CAT/GMAT |
3. | SVKM`s Narsee Monjee Institute of Management Studies | NMAT |
4. | NITIE- National Institute of Industrial Engineering, Mumbai | CAT/GMAT/GATE |
5. | K. J. Somaiya Institute of Management | |
6. | Principal L N Welingkar Institute of Management Development and Research | CAT/XAT/GMAT/CMAT/ATMA |
7. | TIMSR-Thakur Institute Of Management Studies And Research, Mumbai | CAT/XAT/GMAT/CMAT |
8. | TISS Mumbai | TISSNET |
9. | Alkesh Dinesh Mody Institute For Financial And Management Studies, Mumbai | CAT/MAH-CET |
10. | IBS-ICFAI Business School, Mumbai | CAT/NMAT/GMAT/IBSAT |
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Admission Eligibility of Best MBA Colleges in Mumbai
If you want to pursue an MBA from the MBA colleges in Mumbai, then it is necessary to fulfill the eligibility criteria. However, the conditions for the MBA program's eligibility in Mumbai may vary by college. The following is the list of some basic eligibility criteria that the aspirants must fulfill to take admission to MBA colleges in Mumbai.
- The aspirants must be graduated from any recognized university with at least 45-50% marks in aggregate.
- They must have the score of any national-level MBA entrance exam or state-level MBA entrance exam, such as the MBA CET Exam.
- The final year graduation candidates can also register for MBA, but they have to show proof of graduation from their graduation college within the specified timeframe, declared by their desired MBA colleges in Mumbai.
- If you want to join an executive program, you must show at least 2-3 years of full-time work experience.
Fees Structure of Private MBA Colleges in Mumbai
Note the below table to know the approximate fee structure to study MBA in the best MBA colleges in Mumbai.
Sl No: | Best MBA Colleges in Mumbai | Course Fees (Approximate) |
1. | SJMSOM IIT Bombay - Shailesh J. Mehta School of Management, Mumbai | INR 2,26,600 (For one Year) |
2. | S. P. Jain Institute of Management and Research, Mumbai | INR 22,10,000 |
3. | JBIMS, Mumbai- Jamnalal Bajaj Institute of Management Studies | INR 5,00,000 |
3. | SVKM`s Narsee Monjee Institute of Management Studies | INR 10,42,000 |
4. | NITIE- National Institute of Industrial Engineering, Mumbai | INR 13,43,000 |
5. | K. J. Somaiya Institute of Management | INR 18,78,876 |
6. | Principal L N Welingkar Institute of Management Development and Research | INR 6,84,000 (For one year) |
7. | TIMSR-Thakur Institute Of Management Studies And Research, Mumbai | INR 4,25,000 (For one year) |
8. | TISS Mumbai | INR 1,00,100 |
9. | Alkesh Dinesh Mody Institute For Financial And Management Studies, Mumbai | INR 2,00,000 |
10. | IBS-ICFAI Business School, Mumbai | INR 16,00,000 |
11. | Amity University, Mumbai | INR 5,00,000 (For one year) |
12. | IISM Mumbai | INR 7,31,360 |
Top Recruiters of MBA Colleges in Mumbai
After completing an MBA degree from any college in Mumbai, you can get job opportunities to top MNCs in Mumbai and across the world. Here is a list of top recruiters for MBA Colleges in Mumbai.
- Dentsu Aegis
- Future Group
- JWT
- Leo Burnett
- Lowe Lintas
- Ogilvy
- HP
- Goldman Sachs
- Britannia
- Johnson & Johnson
- Capgemini
- Nestle
- Deutsche Bank
- RBL Bank
- Proctor & Gamble
- Wipro
Note the table below to get a list of college-wise recruiters list of the Best MBA Colleges in Mumbai.
Best MBA Colleges in Mumbai | Top Recruiters |
National Institute of Industrial Engineering - Mumbai | Dabur, TATA Motors, Castrol, HCCB, Maruti Suzuki, ICICI Bank, Delloite, Accenture, TVS, Asian Paints, ITC, Cognizant Business Consulting, KPMG, Aditya Birla Capital, Genpact, General Electric, Marico, Nestle, Capgemini, Google, IBM, etc. |
Northpoint Centre of Learning | Future Group, Ogilvy, Pepsico, JWT, Google, IBM, Deloitte, etc |
IIT Bombay | HP, Goldman Sachs, Google, Infosys, RBL Bank, Nestle. etc. |
Sydenham Institute of Management Studies Research and Entrepreneurship Education, Mumbai | Aditya Birla Group, Deloitte USI, Axis Bank, Barclays Investment Bank, Citi Group, ICICI Group, Infosys, JP Morgan Chase & Co, Nielsen, Saint Gobain, Duff & Phelps, Ernst & Young, HDFC Ltd, etc. |
ASM's Institute of Management & Computer Studies - Thane | Giant Krafters, Hexaware Technologies, Accenture, ICL, Google, HP, HDFC, ICICI Prudential, Jaro Education, L&T Infotech, Mainstay, Tech Mahindra, Siemens, Cognizant, etc. |
MBA Specializations Offered by MBA Colleges in Mumbai
Note the below table to get an idea about the top MBA specialization offered by MBA colleges in Mumbai.
- MBA in Sales and Marketing
- MBA in Finance
- MBA in Human Resource Management
- MBA in Business Operations
- MBA in International Business
- MBA in Information Technology and Information Systems
- MBA in Logistics and Supply Chain
- MBA in Business Analytics
- MBA in Leadership and Entrepreneurship
- MBA in Healthcare and Hospitality
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Best MBA Colleges in Mumbai Selection Process
The admission process of every college is different based on the college norms and regulations that they set. The admission process is based on the merit list or the scores received on the entrance examination for which the candidate appears. The candidate needs to follow the guidelines of the college to get admission to the course.
MBA Colleges in Mumbai Accepting MAH-CET Score
The colleges in Mumbai accepting MAH-CET scores to study MBA are listed below:
- BSE Institute Limited, Mumbai
- St. Francis Institute Of Management And Research, Mumbai
- National Academy Of Event Management & Development, Mumbai
- IISM Mumbai
- Jagdish Sheth School Of Management, Mumbai
- Chetana's Institute Of Management And Research, Mumbai
- Atharva Institute Of Management Studies
- IES's Management College And Research Centre
- NL Dalmia Institute Mumbai
- SIESSBS-SIES College of Management Studies, Mumbai
- TGBS- Thakur Global Business School, Mumbai
- Alkesh Dinesh Mody Institute For Financial And Management Studies, Mumbai
- JBIMS, Jamnalal Bajaj Institute of Management Studies, Mumbai
ROI of Top MBA Colleges in Mumbai
The phrase "Return on Investment" refers to how much money you get back from a college for the money you spend on schooling. The placement package is the key factor in this case. To comprehend the return on investment of the top MBA colleges in Mumbai, take a look at the table provided.
Best MBA Colleges in Mumbai | Fees Structure | Placement Packages |
NMIMS, Mumbai | 30 LPA | 20 LPA |
TISS Mumbai | 30.33 LPA | 25 LPA |
SIMSREE Mumbai | 20 LPA | 13.25 LPA |
SIMSR Mumbai | 28.5 LPA | 10.97 LPA |
Benefits of Studying in MBA Colleges in Mumbai
The candidates who will select MBA Colleges in Mumbai to study MBA will get the benefits below, which are really important to become established in the business and marketing world.
- MBA Colleges in Mumbai provide courses in such a way that makes the students to become aware of the global business market. It opens up new job opportunities for them in different business profiles.
- You can complete your MBA degree within a very affordable fee with a high ROI opportunity, as the recruiters of MBA Colleges in Mumbai offer high packages to all the candidates.
- MBA Colleges in Mumbai help the candidates improve their professional skills, like leadership, teamwork, and communication. All these are equally important to become a successful manager in top companies.
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