MBA Colleges In Mumbai
Top MBA Colleges in Mumbai 2026 – Rankings, Fees, Admissions & More
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Mumbai is famous for its MBA program since there are around 132 MBA colleges in total, where 114 colleges are private, 10 are government colleges, and a few are semi-government institutions. The top MBA colleges in Mumbai include Indian Institute of Management Mumbai (IIM Mumbai, formerly NITIE), SP Jain Institute of Management & Research (SPJIMR), SVKM’s Narsee Monjee Institute of Management Studies (NMIMS), K J Somaiya Institute of Management, Prin. L. N. Welingkar Institute of Management (WeSchool), and many other colleges offering an MBA program.
The duration of the MBA course in Mumbai is 2 years, while it provides various specialisations such as Finance, Marketing, HR, Operations, Business Analytics, International Business, Information Technology, etc. The fees at these colleges vary widely from INR 77,000 at TISS Mumbai to INR 38.35 lakh at SPJSGM. Some of the government colleges, like JBIMS and SJMSOM, offer high ROI with strong placements to their students, while most of the private colleges provide global exposure and industry-linked curricula. Admission to these colleges is based on the entrance exams like CAT, MAH-CET, XAT, and NMAT, which makes Mumbai a diverse and competitive hub for management education.
Top MBA Colleges in Mumbai Highlights 2026
The top MBA colleges in India & Mumbai for the MBA program, such as Narsee Monjee Institute of Management Studies (NMIMS), Jamnalal Bajaj Institute of Management Studies (JBIMS), Shailesh J. Mehta School of Management (SJMSOM) at IIT Bombay, K J Somaiya Institute of Management, Tata Institute of Social Sciences (TISS), Welingkar Institute of Management Development and Research (WeSchool), etc, are available in affordable fee ranges like INR 1,00,000 to INR 20,00,000. These colleges provide placement to their students with good packages.
Note: These details are from the official website and may change over time.
MBA Colleges in Mumbai with NIRF & Business Today Rankings
As per the NIRF rank 2025 and Business Today 2024, some of the colleges are ranked on the basis of various factors like curriculum, syllabus, results, placement, etc. The list of colleges is: Indian Institute of Management Mumbai (IIM Mumbai, formerly NITIE), SP Jain Institute of Management & Research (SPJIMR), SVKM’s Narsee Monjee Institute of Management Studies (NMIMS), K J Somaiya Institute of Management, Prin. L. N. Welingkar Institute of Management (WeSchool), etc.
Note: These details are from the official website and may change over time.
Business Today Rankings 2024
As per the rank given by Business Today, Top mba colleges in maharashtra are: SP Jain Institute of Management & Research (SPJIMR), NMIMS School of Business Management, Jamnalal Bajaj Institute of Management Studies (JBIMS), K J Somaiya Institute of Management, Sydenham Institute of Management Studies (SIMSREE), etc. For more details, students can check out the official portal of Business Today.
Note: These details are from the official website and may change over time.
MBA Admission Process in Mumbai 2026
For admission to the top MBA colleges in Mumbai, students need to follow the steps mentioned below:
Students need to clear the entrance exam like CAT, MAT, XAT, etc, as per the requirement of the preferred college.
After clearing an entrance exam, students should visit the official website of the college and fill out the application form, where they have to enter their personal and academic details.
Also, students need to submit scanned copies of their documents, such as a passport-sized photograph and signature.
Students then need to complete their application process by making the payment of an application fee (as per their category).
Selected candidates are required to appear in the group discussion and personal interview rounds.
Once the process is completed, students should submit the hard copies of their documents and complete their verification process.
MBA Entrance Exam Schedule 2026
The top MBA colleges in Mumbai accept entrance exams such as CAT, SNAP, MAH CET, NMAT, and CMAT. Similarly, leading MBA colleges in Bangalore, reputed MBA colleges in Hyderabad, and even the top MBA colleges in Noida and top MBA colleges in Pune also consider these exams for admission. Students must qualify for the respective tests to secure admission to their preferred specialization and college. The basic details, such as date of examination and the colleges that accept the exams, are mentioned below in a table:
Note: These details are from the official website and may change over time.
Entrance Exams Accepted
Given below is the list of the top MBA colleges in Mumbai and the entrance exams accepted by the colleges. Students can check out the table and prepare for the exam as per the requirements of their college.
Note: These details are from the official website and may change over time.
Expand Your MBA Search Beyond the City Limits
Looking for your dream MBA college? Discover Mumbai and its neighboring cities offering top universities with diverse specializations and programs.
Top Private MBA Colleges in Mumbai
The details of some of the top private MBA colleges in Mumbai, such as SPJIMR Mumbai, NMIMS School of Business Management, K J Somaiya Institute of Management, Welingkar Institute (WeSchool), SDA Bocconi Asia Center, Mumbai, BITSoM Mumbai, SIES College of Management Studies, etc, are given below in a table. Students can check out the basic information, such as the fee, entrance exam accepted, average salary packages provided to the students, and accreditation.
Note: These details are from the official website and may change over time.
Top Semi-Govt. MBA Colleges in Mumbai
The table given below contains the details of the top semi-government MBA colleges in Navi Mumbai, like Jamnalal Bajaj Institute of Management Studies (JBIMS), Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE), Alkesh Dinesh Mody Institute for Financial and Management Studies (ADMI), Shailesh J Mehta School of Management (SJMSOM), IIT Bombay, National Institute of Industrial Engineering (NITIE) Mumbai, K J Somaiya Institute of Management, University of Mumbai - Various Affiliated Colleges (e.g., Ismail Yusuf College), etc. The details of these colleges are mentioned in a table:
Note: These details are from the official website and may change over time.
MBA Courses & Fees in Mumbai Colleges
The top MBA colleges in Mumbai like SPJIMR Mumbai, IIM Mumbai, NMIMS School of Business Management, SJMSOM (IIT Bombay), K J Somaiya Institute of Management, etc, offer the Management program in various specialisations such as General, Finance, Marketing, HR, Operations, Data Science, Healthcare, Sports Management, and many other specialisations. The details about these MBA programs and the specialisations offered with fees are mentioned below in a table:
Note: These details are from the official website and may change over time.
MBA Colleges in Mumbai Fees vs Salary (ROI)
The fee and salary are two main factors that help students to take admission to the top MBA colleges in Mumbai, such as SPJIMR Mumbai, IIM Mumbai, JBIMS Mumbai, SJMSOM, IIT Bombay, NMIMS Mumbai, K J Somaiya Institute of Management, Welingkar Institute (WeSchool), SIES College of Management Studies, and many other colleges. The comparison between the fees and the average salary of these colleges is mentioned in a table below:
Note: These details are from the official website and may change over time.
MBA Placements in Mumbai Packages & Recruiters
The top MBA colleges in Mumbai provide placement to their students, where an average package lies in the range of INR 15LPA, whereas the highest packages reach 87LPA. Some of the best management colleges that provide placements are: Jamnalal Bajaj Institute of Management Studies (JBIMS), Sydenham Institute of Management Studies (SIMSREE), Welingkar Institute of Management Development & Research, KJ Somaiya Institute of Management, National Institute of Industrial Engineering (NITIE), etc.
Note: These details are from the official website and may change over time.
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Top MBA Specializations in Mumbai Colleges
The top MBA colleges in Mumbai design the MBA program so that students get industry-ready for the corporate world. Some of the specialisations like Finance, Marketing/Sales, Human Resources (HR), Operations, Business Analytics/IT, Digital Marketing, and many more.
MBA Colleges in Mumbai Scholarships 2025
The MBA colleges of Mumbai offer scholarships to students like the BML Munjal Scholarship, PNB Housing Finance Protsahan Scholarship, ONGC Scholarship, Aditya Birla Group Scholarship, Hindustan Unilever Limited (HUL) Scholarship, OP Jindal Engineering & Management Scholarships (OPJEMS), IDFC FIRST Bank MBA Scholarship, and many other scholarships. These scholarships are offered to students on the basis of their eligibility of the candidates.
Note: These details are from the official website and may change over time.
Top MBA Colleges in Mumbai CutOff 2026
The cut-off scores of the top MBA colleges in Mumbai, such as Jamnalal Bajaj Institute of Management Studies (JBIMS), Sydenham Institute of Management Studies (SIMSREE), Prin. L. N. Welingkar Institute of Management (WeSchool), S.I.E.S. College of Management Studies, Xavier Institute of Management & Research (XIMR), Chetana’s Ramprasad Khandelwal Institute of Management, etc, are given below in a table. Students can go through the table and check out the cut-off marks of their preferred colleges.
Compare Top MBA Colleges in Mumbai
The comparison between the top MBA colleges in Mumbai, such as IIM Mumbai, SPJIMR Mumbai, JBIMS Mumbai, SJMSOM, IIT Bombay, NMIMS Mumbai, K J Somaiya, Mumbai, Welingkar (WeSchool) Mumbai, SIES College of Management, TISS Mumbai (HRM & LR), etc. The table given below consists of the details of the colleges, such as fees, average salary provided to the students, entrance exams accepted by the colleges, and ROI. Students can go through the table to choose the top MBA colleges in Mumbai:
Note: These details are from the official website and may change over time.
Explore State-Wise MBA Universities in India
Take a tour of India’s top states and cities known for their exceptional MBA programs, affordable fees, and high placement records:
Frequently Asked Questions
Q1. Which are the top MBA colleges in Mumbai?
SPJIMR, IIM Mumbai, JBIMS, NMIMS, and SJMSOM (IIT Bombay) are among the top-ranked MBA colleges in Mumbai, known for strong academics, placements, and industry exposure.
Q2. What entrance exams are accepted by Mumbai MBA colleges?
Most colleges accept CAT, MAH-CET, NMAT, XAT, and CMAT scores. Some institutes like Symbiosis also require SNAP, while others may conduct their tests or interviews.
Q3. What is the average fee for an MBA in Mumbai?
MBA fees in Mumbai vary widely—from INR 77,000 at TISS to INR 38 lakh at SPJSGM. Government colleges are more affordable, while private and global institutes charge premium fees.
Q4. What are the placement prospects after an MBA in Mumbai?
Top colleges offer excellent placements, with average packages ranging from INR 8 LPA to INR 33 LPA. Recruiters include McKinsey, Amazon, Deloitte, Goldman Sachs, and Tata Group.
Q5. Can I pursue an MBA in Mumbai with low scores or on a budget?
Yes, colleges like SIMSREE, LLIM, and Hansraj Jivandas offer quality education at lower fees. Some accept moderate entrance scores and provide good ROI through decent placements.
Q6. Where can I find detailed information about the Top MBA Colleges in Mumbai?
You can visit the Collegehai website to explore updated details about the Top MBA Colleges in Mumbai, including fees, placements, rankings, and admission criteria.
Avg Package - 20-40 LPA
Avg Package - 6 - 7 LPA
![Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University] Logo](/_next/image?url=https%3A%2F%2Fch-upload.blr1.cdn.digitaloceanspaces.com%2Fcollegehai-prod%2F396d9f70b33e476476378fc7615417a6.png&w=640&q=75)
Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University], Mumbai
Avg Package - 10 - 12 LPA
Avg Package - 10 LPA
Avg Package - N/A
Avg Package - N/A
Jagdish Sheth School of Management (JAGSoM) Mumbai Campus, Mumbai
Avg Package - N/A
Avg Package - N/A