There are more than 120 colleges in Mumbai for MBA which include 110+ private and 10 public colleges. Mumbai attracts top talent from across the country to its quality educational institutes with its vibrant cultural scene, career advancement opportunities, and educational institutions. Famous management institutes such as Narsee Monjee Institute of Management Studies (NMIMS), S. P. Jain Institute of Management and Research, JBIMS, TISS, and others are located here. In this blog, we’ll focus primarily on the Top 10 MBA Colleges in Mumbai. 

MBA colleges in Mumbai offer MBA course in multiple fields, like Finance, Marketing, Operations Management, and Human Resources Management. Aspirants can take admission at these colleges through entrance tests, like CAT, CMAT, XAT, MAT, and MAHCET.

Now, let’s see the Top 10 MBA colleges in Mumbai, including their courses, placements, and specialisations among other details. 

 

Top 10 MBA Colleges in Mumbai: Courses, Duration, & Entrance Exams

Each of the top 10 colleges in Mumbai for MBA offers aspirants not just the right to dream big but also the path to achieve those dreams. These colleges are recognized and approved by UGC or AICTE. Additionally, the fees for MBA programs in Mumbai vary between ₹80,000 and ₹2 lakh per annum. So, dive in and check out which colleges can help in your career path.

 

 

 

1. S. P. Jain Institute of Management and Research (SPJIMR) (PGDM)

Bharatiya Vidya Bhavan’s S P Jain Institute of Management and Research (SPJIMR) is a leading school of management that comes in the top list of Top 10 MBA colleges in Mumbai. Established in 1981, SPJIMR is a part of the Bharatiya Vidya Bhavan and functions as an autonomous institute with entrepreneurial agility. 

It is consistently ranked amongst the top management institutes in India.  In the recently released FT Global Masters in Management (MIM) Rankings 2023, SPJIMR Mumbai has secured World Rank #40 and India Rank #1 ahead of IIM Ahmedabad, Calcutta, Lucknow and other top B-schools.

• Course Offered:  PGDM (BM) as 2 years full-time residential programmes; 1 Year full-time PGPM and other executive programs. 
• Course Duration: 2 years
• Exam Accepted: CAT/XAT/GMAT

Read More – SP Jain Cutoffs | SP Jain Placements

 

 

2. Indian Institute of Management Mumbai (IIM Mumbai)

NITIE changed its name to IIM Mumbai in August 2023 and became the 21st IIM in India. With a legacy of 60 years, IIM Mumbai (NITIE) provides an excellent platform to the students who aspire to be leaders of tomorrow. 

Recognised as one of the 15 centres of excellence by the Ministry of HRD, Govt. of India, IIM Mumbai (NITIE) has, over the years, earned the reputation of being the facilitator of the process of evolving the best brains of the country into the best business ones. It now appears in the list of the Mumbai’s top 10 MBA colleges. 

• Course Offered: MBA, PGDM
• Course Duration: 2 years
• Exam Accepted: CAT

Read More – IIM Mumbai Placements | IIM Mumbai Cutoffs

 

3. Indian Institute of Technology, Bombay (IIT-B SJMSOM) (MBA)

SJMSOM IIT Bombay has its distinct place as a national and global business management school. Apart from MBA, SJMSOM offers Ph. D. programs and has recently launched an Executive MBA, jointly with the Washington University at St. Louise, USA. 

SJMSOM also provides a well-designed curriculum and training to the students preparing them to meet the contemporary challenges in their professional life ahead.

• Course Offered: Master of Business Administration (MBA)
• Course Duration: 2 years
• Exam Accepted: CAT, GMAT

Read More – IIT Bombay MBA Cutoffs | IIT Bombay MBA Placements

 

4. Jamnalal Bajaj Institute of Management Studies (JBIMS) (MMS, MSc. Finance, and MHRD)

JBIMS, with its rich legacy, offers a Master’s in Management, Finance, and Human Resource Development program that guides students with the skills to excel in leadership roles across various domains. Also known as the CEO Factory, JBIMS Mumbai was established in 1965 by the University of Mumbai and has since grown to have a well-connected and successful alumni base. Jamnalal Bajaj Institute of Management Studies offers PG, part-time, PhD, and various other courses to students. These courses are provided across the Management, Finance, and various other streams.

• Course Offered: MMS, MSc. Finance, and MHRD
• Course Duration: 2 years 
• Exam Accepted: MAH CET/CAT 

Read More – JBIMS Cutoff | JBIMS Placements

 

5. Tata Institute of Social Sciences, Mumbai (TISS) (HRM&LR and ODCL)

TISS is renowned for its commitment to social justice and human rights. The HRM program prepares students to address HR challenges and gives a strategic insight to help students in a cooperative life.

• Course Offered: HRM&LR
• Course Duration: 2 years
• Exam Accepted: CAT

TISS’s ODCL focuses students on organizational development and teaches them leadership, guidance, and transformation. The Tata Institute of Social Sciences organises teaching programmes to facilitate the development of competent and committed professionals for practice.

• Course Offered: Master of Arts (ODCL)
• Course Duration: 2 years
• Exam Accepted: Candidates who have completed their Bachelor’s or Master’s Degree with 2 Years of Work Experience and valid CUET PG scores.

Read More – TISS Cutoff | TISS Placements

 

6. SVKM’s NMIMS, Mumbai (MBA Core, HR, BA, and Digital Transformation)

NMIMS offers a traditional MBA program focusing on core management subjects. SVKM’s NMIMS, Mumbai (MBA Core) is one of the best MBA colleges in Mumbai. Rounding off our list is NMIMS’ traditional MBA program, focusing on core management principles. With a blend of theory and practical application, it lays a strong foundation for a successful career in management.

• Course Offered: MBA, MBA BA, and MBA Digital Transformation
• Course Duration: 2 years
• Exam Accepted: Any bachelor’s degree with at least 50%

NMIMS offers an MBA specializing in Human Resources. SVKM’s NMIMS, Mumbai (MBA HR)

HRM is a critical function in every organization, and NMIMS understands this well. Its MBA in Human Resources prepares students to manage the most valuable asset of any organization – its people and comes in the best college for MBA  in Mumbai. 

• Course Offered: MBA HR
• Course Duration: 2 years
• Exam Accepted:  NMAT

Read More – NMAT Cutoff | NMIMS Mumbai Placements

 

7. BITSoM, BITS School of Management (MBA)

BITSoM’s MBA program emphasizes innovation and entrepreneurship, preparing students to lead with agility in today’s rapidly evolving business landscape.

• Course Offered: Master of Business Administration (MBA)
• Course Duration: 2 years 
• Exam Accepted: CAT/XAT/GMAT

Read More – BITSoM Cutoff

 

8. Jio Institute, Mumbai (PGP in AI&DS and PGP in DM&MC)

Jio Institute’s PGP in AI&DS program bridges the gap between technology and business, preparing students for roles at the forefront of artificial intelligence and data science. Jio Institute is a multidisciplinary higher education institute set up as a generous initiative by the Reliance Group, which is one of the Top 10 MBA colleges in Mumbai.

The Institute is dedicated to the pursuit of excellence. It brings together global scholars and thought leaders and provides an enriching student experience through world-class education and a culture of research and innovation.

• Course Offered: PGP in AI&DS and PGP in DM&MC
• Course Duration: 1 year
• Exam Accepted: CAT, GMAT, GRE, GATE, Own Exam

 

9. SDA Bocconi Asia Centre, Mumbai (IMBA)

The SDA Bocconi Asia Centre is the Asian offshoot of the esteemed SDA Bocconi School of Management of Italy. The course was designed to cultivate leaders with global exposure. The curriculum has been set to keep the degree at par with industry requirements. In fact, students also have to undertake a compulsory semester abroad as part of their coursework. The Asia Centre has quickly been climbing ranks since its inception in 2012 and is now considered by most to be one of the top MBA colleges in Mumbai.

• Course Offered: IMB
• Course Duration: 2 year
• Exam Accepted: CAT, GMAT, GRE, NMAT, Own Exam

Read More – Top MBA in Marketing Colleges in India

 

10. SIMSREE, Mumbai (MMS)

Sydenham, itself an institution with a 110-year history, set up SIMSREE in Churchgate, Mumbai, the financial heart of the country, to bridge the gap between quality, affordable management education and industry requirements. One of the most popular colleges in Mumbai with very high cutoffs, SIMSREE has crafted for itself a legacy that will continue to attract students and industry head honchos alike.

• Course Offered: MMS
• Course Duration: 2 year
• Exam Accepted: CAT, CMAT, CET

Read More – MAH MBA CET Cutoff

Read More: CAT Exam 2025: Date, Registration, Eligibility, Pattern, Syllabus, Preparation Tips, Cutoff

 

 

Highlights of Mumbai’s MBA Colleges

Here is a snippet for you to check the main highlights of Mumbai’s MBA colleges.

Read More: Top 10 MBA Colleges in India With Fee Structure

 

Best College for MBA in Mumbai With Low Fees

Aspirants dream to pursue MBA from Mumbai for plethora of opportunities and different specialization offered. However, the high fees of MBA colleges may deter some aspirants from following this dream. Not to worry, we are sharing a list of Mumbai’s best MBA colleges with low fees so that aspirants with high candidature but low budget can still afford to study in Mumbai.

The majority of MBA colleges in Mumbai with low fees are approved by AICTE. Now you can select a college and increase your chances of getting placed in leading companies and brands within Mumbai.

 

 

 

Top Government MBA Colleges in Mumbai

Top MBA government colleges in Mumbai are also among the popular choices of students. Let’s look at a list of government owned colleges in Mumbai with details.

 

 

Best Private College for MBA in Mumbai

There are about more than 110 private MBA colleges in Mumbai with an average course fees of 10-15 Lakhs. Here is a list of  Mumbai’s top private MBA colleges with the details on fee structure and placement packages.

 

 

Mumbai’s Best Colleges for MBA without CAT

Applicants who didn’t appear for the CAT or scored lower can also take admission to colleges. Several top colleges in Mumbai offer admission without CAT scores. They accept other national-level exams like GMAT, NMAT, MAT, XAT, and CMAT.

College

TISS, Mumbai

SIMSREE

JBIMS

A.C. Patil College of Engineering

Chetana’s Institute of Management &  Research

Thakur Institute of Management Studies and Research

Amity University Mumbai

 

 

5 Best MBA Colleges in Mumbai Accepting Admission without Entrance Test

Preparing for an entrance test can be tiring for those who are pursuing higher education. Those who have already scored well in national-level exams and in undergraduate studies, they can approach to the MBA colleges which offer merit-based direct admissions. Take a look at the list of the colleges offering admission without any entrance test.

 

S.No	College Name	Admission Criteria
1.	Amity University, Mumbai	Direct Admission (Academic Merit + PI)
2.	ICFAI Business School (IBS), Mumbai	Direct Admission via IBSAT or PI
3.	VPM’s Dr. V. N. Bedekar Institute of   Management Studies	Direct Admission Available
4.	Universal Business School (UBS), Karjat	Direct Admission (Profile-based +  Interview)
5.	Thakur Institute of Management Studies   and Research (TIMSR)	Direct Admission / Institute-level   entrance

 

Top 10 MBA colleges in Mumbai: Conclusion

The major benefit of studying the MBA in Mumbai is the placement record. It’s seen that over 70% of students from the top colleges get recruited by companies such as Accenture, IBM, Amazon, Google, Microsoft, and HDFC Bank.  Mumbai has always been an epic center of innovation and technology and an educational hub that attracts a large number of students and working professionals to pursue their education and kickstart their careers. It is home to flourishing businesses in a large number of domains, such as manufacturing, retail, finance, IT, real estate, etc. In this blog, you get an overview of the Top 10 MBA colleges in Mumbai. 

 

 

Top MBA Colleges Mumbai: FAQs

 

What are the top MBA colleges in Mumbai for finance?

If you aim to pursue MBA in finance from Mumbai, you can consider some best colleges for MBA in Mumbai based on their fees and placement records. The top colleges are, SPJIMR, JBIMS, IIM Mumbai, L. N. Welingkar Institute of Management Development & Research.

 

What’s the best college for MBA in Mumbai for Marketing?

MBA Marketing involves study of branding, advertising, and digital and offline marketing strategies This specialization offers job openings like Marketing Manager, Marketing Executive, etc. The top MBA colleges in Mumbai for marketing are:

• IIM Mumbai
• SPJIMR, SP Jain Institute of Management and Research
• Narsee Monjee Institute of Management Studies
• SJMSOM Mumbai
• K J Somaiya Institute of Management
• Chetana’s Institute of Management and Research
• Amity University, Mumbai

 

Which college is better for MBA in Mumbai?

There are multiple MBA colleges in Mumbai which are popular for their various specialization and placement records. The list includes:

• IIM Mumbai
• SP Jain Institute of Management and Research.
• Jamnalal Bajaj Institute of Management Studies.
• Narsee Monjee Institute of Management Studies.
• SJMSOM Mumbai
• SNDT Mumbai
• MNLU Mumbai
• IIT Bombay
• Mumbai University