Pgdm Colleges In Mumbai

Top PGDM Colleges in Mumbai 2025 – Rankings, Fees, Admissions, ROI & More

Tanya Verma

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Mumbai has over 60 PGDM colleges that are experts in providing Business courses. Out of them only two are owned by the government and the rest are privately owned. The top MBA colleges in the list are SP Jain Institute of Management and Research and Welingkar Institute of Management. Fees for these are in the range of 4 lakh to 23 lakh.

Admissions in these colleges are based on entrance exams like the Common Admission Test and the MAH CET. It is followed by group discussions and interview rounds. These colleges offer specialisations in various fields depending on their interest. Top institutes in Mumbai provide high average salaries up to 33 LPA.

Top PGDM Colleges in Mumbai Highlights

Parameters	Details
No. of Top PGDM Colleges	More than 10 leading PGDM colleges in Mumbai, including SPJIMR, JBIMS, Welingkar, SJMSOM, etc.
Ownership	Mix of Government (NITIE, SJMSOM) and Private institutions (SPJIMR, Welingkar)
Exams Accepted	CAT, MAH CET, XAT, GMAT, MAT, CMAT, ATMA, GATE (for IIT Bombay's SJMSOM)
Specializations Offered	Human Resources, Operations, Business Analytics, IT, Strategy, Analytics, Finance, Marketing
Average Fees	Ranges from INR 3.5 lakh (JBIMS - 1 year) to INR 22-23 lakh (SPJIMR, Welingkar - 2 years)
Admission Process	Entrance exam shortlisting followed by Group Discussion (GD), Personal Interview (PI), and sometimes Written Tests for final selection
Placement Range	Average packages range from INR 8 lakh to INR 33 lakh per annum, with the highest packages often above INR 30 lakh at top institutes like SPJIMR and IIM Mumbai

Top PGDM Colleges in Mumbai 2025

Top PGDM colleges in Mumbai offer excellent education with varied fees and specialisations. These colleges provide courses in Human Resources, operations, finance, and analytics. They have good placement records, which makes them the top choice for management studies in Mumbai.

College Name	Fees Range (INR Approx.)	Courses Offered	Specializations Offered
SP Jain Institute of Management and Research (SPJIMR)	INR 22,00,000 - INR 23,00,000	PGDM	Marketing, Operations, HR, Finance, Business Analytics
Prin. L. N. Welingkar Institute of Management (WeSchool)	INR 13,00,000 - INR 14,50,000	PGDM	Marketing, Operations, IT & Analytics, Finance, HR
Jamnalal Bajaj Institute of Management Studies (JBIMS)	INR 3,50,000 (1 year)	MMS (equivalent PGDM)	Marketing, Finance, HR, Operations
SIES College of Management Studies (SIESCOMS)	INR 8,00,000 - INR 9,00,000	PGDM	HR, Operations, Finance, Marketing,
Vivekanand Business School (VBS)	INR 5,00,000 - INR 5,50,000	PGDM	Finance, Marketing, HR, Operations
ICFAI Business School (IBS) Mumbai	INR 8,50,000 - INR 9,50,000	PGDM	Analytics, Finance, Marketing, HR, Operations,

Top PGDM Colleges in Mumbai Eligibility Criteria

Below is the minimum eligibility criteria for candidates who are planning to take admission into a PGDM course in one of the colleges of Mumbai.

Candidates must have a Bachelor’s degree or equivalent from a recognised university, usually with a minimum of 50 per cent aggregate marks.
Final year undergraduate students can apply provisionally, subject to completing their degree before enrollment.
Valid scores in national or state level entrance exams such as the MAH CET, and Common Admission Test are mandatory for shortlisting.
Some colleges may prefer candidates with work experience, but it is generally not compulsory.
Admission stages consist of Group Discussion, Personal Interview, and sometimes written tests after the entrance exam screening.
Academic performance in 10th, 12th, and graduation years is often considered during selection.
The final admission offer depends on the combined performance in entrance exams, PI, academic background, and document verification.

Top PGDM Colleges in Mumbai with Ranking

A few PGDM colleges in Mumbai are highly ranked in India. SP Jain Institute of Management and Research is among the best with an NIRF rank of 20 and a score of about 60.97. These colleges offer quality education, good placements, and strong industry connections, making them top choices for PGDM aspirants in Mumbai.

College Name	NIRF Rank India (2024)	NIRF Score (out of 100) Approx.
SP Jain Institute of Management and Research (SPJIMR)	20	60.97
Prin. L. N. Welingkar Institute of Management (WeSchool)	84	46.33

List of Private PGDM Colleges in Mumbai

Private PGDM colleges in Mumbai offer good placements and strong industry links. Popular colleges include SIESCOMS, SP Jain Institute, and Vivekanand Business School. Students get good placements in leading companies. Many colleges also provide internship opportunities, and the learning is focused on practical skills, which helps students prepare for jobs in different fields.

College Name	Fees (Approx., INR)	Exams Accepted	Expected Cutoff (Percentile/Score)
SP Jain Institute of Management and Research (SPJIMR)	INR 22,50,000	CAT, GMAT, XAT	CAT: 98+ percentile
Prin. L. N. Welingkar Institute of Management Development & Research (WeSchool)	INR 14,00,000	CAT, XAT, MAT, GMAT	CAT: 85-90 percentile (varies by quota)
Vivekanand Business School (VBS)	INR 5,20,000	MAH CET, CAT, MAT	MAH CET: 80-85 percentile
SIES College of Management Studies (SIESCOMS)	INR 9,00,000	CAT, MAT, CMAT	CAT: 80-85 percentile

Government PGDM Colleges in Mumbai

Government PGDM colleges in Mumbai offer quality education at affordable fees. Institutes like SJMSOM and NITIE are popular among students. The fee is much lower compared to private colleges, usually around INR 2 lakhs. These colleges have good placements and trusted faculty. Many students get internships during their studies. These colleges also focus on practical learning and skill development.

College Name	Total Fees (Approx.)	Exams Accepted	Expected Cutoff (Percentile/Score)
Shailesh J. Mehta School of Management (SJMSOM, IIT Bombay)	INR 2,00,000 approx.	CAT, GATE, GMAT	CAT 99+ percentile
National Institute of Industrial Engineering (NITIE)	INR 2,50,000 approx.	CAT	CAT 99+ percentile

Top PGDM Colleges in Mumbai Fee & Salary

These colleges have a strong placement record and have good faculty. Fees for PGDM programs range between INR 10 to INR 25 lakhs for the full course, and the average salary after graduating is around INR 8 to INR 15 lakhs per year, depending on the college and student profile.

College Name	Fees (INR Approx.)	Average Salary (INR per annum)	ROI Verdict
SP Jain Institute of Management and Research (SPJIMR)	INR 22,50,000	INR 33,02,000	Excellent
Jamnalal Bajaj Institute of Management Studies (JBIMS)	INR 7,00,000 (1 year)	INR 29,35,000	Excellent
SIES School of Business Studies (SIESCOMS)	INR 4,00,000	INR 9,12,000	Good
ICFAI Business School (IBS) Mumbai	INR 9,09,000	INR 8,03,000	Moderate
N. L. Dalmia Institute	INR 8,25,000	INR 9,20,000	Good
Vivekanand Business School (VBS)	INR 5,20,000	INR 8,50,000	Moderate to Good

PGDM Admission Process in Mumbai Colleges

Most of the colleges of Mumbai follow the common admission process, which consists of giving an entrance exam, then applying on the college website. The detailed admission Process for PGDM in Mumbai Colleges is given below.

Step 1: The candidate must have a bachelor degree from a recognised university and candidates in their final year can also apply for admission.
Step 2: Take one or more of the accepted entrance exams like ATMA or Common Admission Test.
Step 3: Visit the official website of the college you are interested in. Fill out the application form with your details, academic history, and entrance exam scores.
Step 4: Colleges evaluate applicants based on entrance scores, academic background, and other factors. Shortlisted candidates will be invited for the next rounds.
Step 5: The Candidate will be assessed on different aspects and final merit list will be made.
Step 6: Some colleges also consider candidates performance in school and graduation years.
Step 7: If the candidate passes all stages, they will receive an admission offer, and the college will send a formal email.
Step 8: Pay the first instalment of course fees to confirm a seat. Submit original and photocopies of documents like mark sheets, ID proof, entrance exam scores, and photographs.

Frequently Asked Questions

Q1. Which are the best PGDM colleges in Mumbai?

Mumbai has several reputed PGDM institutions like SP Jain Institute of Management and Research and Welingkar Institute of Management.

Q2. What entrance exams are accepted by top PGDM colleges in Mumbai?

Most colleges accept scores from exams like CMAT, GMAT, XAT, and CAT.

Q3. What is the typical fee for PGDM programs in Mumbai?

The fee ranges from INR 10 lakhs to INR 25 lakhs for the full course. Government institutions tend to charge lower fees, while private colleges may charge higher.

Q4. What are the average placement packages offered?

Average salary packages after PGDM in top Mumbai colleges range from INR 8 to INR 15 lakhs per annum.

Q5. Do Mumbai PGDM colleges offer internships and industry projects?

Yes, most of the colleges provide summer internships and industry projects after the first year.

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