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Home Management Top 10 MBA Colleges In Mumbai 2024- Admission, Fees, Exams

Top 10 MBA Colleges In Mumbai 2024- Admission, Fees, Exams

Dec 11, 2023 5.3K Reads

Mumbai is not only the economic capital of India, but also home to a number of top institutions and colleges that provide quality education in management. Not only do students get the opportunity to take up conventional MBA programs but also newer emerging courses like Master of Management Studies (MMS), Post Graduate Diploma in Management (PGDM), Post Graduate Program in Management (PGPM) in business schools of Mumbai. You can explore the full details of the top 10 MBA colleges of Mumbai. 

Top MBA Colleges in Mumbai

If you’re an aspirant exploring top colleges for pursuing an MBA, Mumbai might just be the right location for you, since you can choose from a number of top government colleges and private colleges that offer an MBA or courses full-time management courses like PGDM, MMS, PGPM etc. 

The city has a host of top private colleges and business schools with stellar placement records, offering good value for money and return on investment (RoI). Moreover, the colleges and institutes offering an MBA in Mumbai provide a unique set of specialisations and dual specialisations (with a minor and a major specialisation) to choose from to develop your own career niches.Also Read: The Full form of MBA.  

Both private and government MBA institutions of Mumbai provide the degree at reasonably affordable fee ranges, with further financial aid and educational loan plans. Here we have listed down the top MBA colleges, based upon their NIRF national management category rankings along with a number of other factors such as fee range, placement records, faculty, student support and academic rigour. 

MBA College/University

NIRF Ranking

Course 

Accepted Entrance Exams

MBA Fees (Approx.)

National Institute of Industrial Engineering, Mumbai

7

Post Graduate Diploma in Management (PGDM) 

CAT

INR 13,00,000-INR 14,70,000

Indian Institute of Technology, Bombay

10

Master of Business Administration (MBA)

CAT

INR 2,00,000-INR 7,00,000

S. P. Jain Institute of Management & Research

20

Post Graduate Diploma in Management (PGDM)

CAT, GMAT

INR 20,00,000-INR 29,00,000

SVKM's Narsee Monjee Institute of Management Studies

21

Master of Business Administration (MBA)

NMAT

INR 20,00,000-INR 24,00,000

K.J. Somaiya Institute of Management

45

Master of Business Administration (MBA)

CAT/XAT/CMAT/NMAT/GMAT

INR 20,00,000

Principal L N Welingkar Institute of Management Development and Research

73

Post Graduate Diploma in Management (PGDM)

CAT/XAT/CMAT/GMAT/ATMA

INR 20,00,000

Jamnalal Bajaj Institute of Management Studies (JBIMS) 

Master of Management Studies (MMS)

MAH-MBA CET Exam

INR 6,00,000-INR 7,00,000

N. L. Dalmia Institute of Management Studies and Research, Mumbai

Post Graduate Diploma in Management (PGDM)

CAT/XAT/MHCET/ CMAT/ATMA/MAT/GMAT

INR 15,00,000

ICFAI Business School Mumbai (IBS Mumbai) 

Post Graduate Program in Management (PGPM)

IBSAT/CAT/GMAT/NMAT

INR 9,50,000

D. Y. Patil University School of Management, Navi Mumbai

Master of Business Administration (MBA)

DYP-CET

INR 15,00,000

General Eligibility and Accepted Entrance Exams for Admissions in Mumbai MBA Colleges 

With the multitude of management examinations that one can aim to crack for getting into a B-school, one needs to carefully go through the eligibility guidelines provided by the particular institute for admission to their MBA course. 

On a general basis, there are two aspects of eligibility to consider for admission to an MBA or Post Graduate management degree: 

  • The general eligibility guidelines about minimum education level
  • The screening procedure of the particular university/college 

Since there are a very large number of aspirants seeking admission in MBA courses across the nation, the top business schools have a thorough procedure to screen the candidates and select those with managerial potential and aptitude. 

Firstly, the minimum criteria to meet for admission to an MBA/PGDM/MMS course is:

  • Having completed Bachelor’s Education from a Recognised University/Institution 
  • Students can have an educational background in Any Stream 
  • Most MBA Universities and Colleges of Mumbai Demand Minimum 50% Aggregate Marks in Graduation 

Since MBA or PGDM courses are degree programs at the postgraduate level, candidates who have not completed their Bachelor’s education cannot take up these courses.

Secondly, most universities have additional screening procedures to select candidates for the limited seats in the MBA course. For this, the screening is usually done in two phases: 

  • Performance/score in a valid Management Entrance Exam 
  • Performance in the Personal Interview and Screening 

So, in order to get admission in a top management institution for an MBA program, a candidate needs to meet all the minimum eligibility criteria for admission, clear the cutoff for the entrance examination and clear the personal interview round. 

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Some of the top accepted Management Entrance Exams for admission to MBA colleges of Mumbai include: 

  • Common Aptitude Test (CAT)
  • Management Aptitude Test (MAT)
  • NMIMS Management Aptitude Test (NMAT)
  • Xavier Aptitude Test (XAT)
  • Graduate Management Admission Test (GMAT)
  • Common Management Admission Test (CMAT)
  • ICFAI Business Studies Aptitude Test (IBSAT) etc. 

Apart from these entrance examinations, many colleges and institutions have their own university-specific Common Entrance Tests (CET) for admission. Here are the entrance examinations whose scores are accepted for admission to MBA/PGDM/MMS programs in top B-schools of Mumbai. 

College/University

Accepted Management Entrance Exam

National Institute of Industrial Engineering, Mumbai

CAT

Indian Institute of Technology, Bombay

CAT

S. P. Jain Institute of Management & Research

CAT, GMAT

SVKM's Narsee Monjee Institute of Management Studies

NMAT

Principal L N Welingkar Institute of Management Development and Research

CAT/XAT/CMAT/GMAT/ATMA

K.J. Somaiya Institute of Management

CAT/XAT/CMAT/NMAT/GMAT

Jamnalal Bajaj Institute of Management Studies (JBIMS) 

MAH-MBA CET Exam

N. L. Dalmia Institute of Management Studies and Research, Mumbai

CAT/XAT/MHCET/ CMAT/ATMA/MAT/GMAT

ICFAI Business School Mumbai (IBS Mumbai) 

IBSAT/CAT/GMAT/NMAT

D. Y. Patil University School of Management, Navi Mumbai

DYP-CET

Best Private & Public MBA Colleges of Mumbai

Mumbai has a number of MBA colleges and business schools that you can choose from, with 6 management colleges being ranked among the top 100 management institutions of India as of 2023 by NIRF. With top government colleges like NITIE, Mumbai, JBIMS, Mumbai (part of the University of Mumbai) and Shailesh J. Mehta School of Management (part of IIT Bombay), one can seek an MBA degree quite affordably. Similarly, there are a line-up of top-notch private MBA institutions with stellar alumni records and appealing RoI to choose from. 

Here are the top MBA colleges of Mumbai picked on the basis of the NIRF rankings, placement facilities, faculty, student support and academic rigour.

Rank #1 - National Institute of Industrial Engineering (NITIE), Mumbai

The National Institute of Industrial Engineering (NITIE), Mumbai was established in 1963 with a collaboration of the Government of India, United Nations Development Program (UNDP) and the International Labour Organisation (ILO).  It is a premier institute of higher education in management, and has consistently emerged as a top B-school of India. As of 2023, it has been ranked among the top 7 management institutions of India by the NIRF. 

The course offered at NITIE is a Postgraduate Diploma in Management (PGDM) in the form of PGDIM (industrial management specialisation) and PGDISEM (industrial safety and environment management). It is one of India’s affordable government colleges for an MBA degree and students are further provided with financial aid to support their education. The placement records of the institute are satisfactorily high with industry connections with top MNCs and corporate houses. NITIE is well-known across India for its excellent RoI and reasonable fee range. 

Degree Offered 

Post Graduate Diploma in Management (PGDM) 

Accreditations 

NIRF Rank 7 in Management Category, THE Impact Ranking 2021 (Rank 3) 

Course Duration 

2 Years 

Accepted Entrance Examinations 

CAT

Course Specialisations 

  • Industrial Management 
  • Industrial Safety and Environment Management (ISEM)

Full Course Fees

INR 13,00,000-INR 14,70,000

Average Placement Package 

INR 31,00,000 P.A

Rank #2 - Shailesh J. Mehta School of Management - Indian Institute of Technology, Bombay

Shailesh J. Mehta School of Management is a part of the Indian Institute of Technology, Bombay and is a part of India’s top 10 management institutions as ranked by NIRF (2023). The institute was established in 1995 as the Management School of IIT Bombay, followed by which it was renamed as the Shailesh J. Mehta School of Management. It is a well-known institute that provides management education with a blend of technological knowledge, and is one of the most affordable B-schools of India. 

SOM, IIT-B offers a full-time 2 years degree course– Master of Business Administration, and takes candidates in on the basis of the CAT exam results. The course is offered in four highly demanded areas of specialisations–finance, marketing, operations and information systems. The MBA course offered at SOM-IITB has been designed with special emphasis on technology, research and consultancy. The placement records of the institute are exceptionally good, with an appealing RoI. The institute partners with top corporate houses to bring a vast variety of career choices and internship opportunities to students. 

Degree Offered 

Master of Business Administration (MBA)

Accreditations 

NIRF Rank 10 in Management Category, QS World University Ranking (Business and Management Category) Rank 5 

Course Duration 

2 Years

Accepted Entrance Examinations 

CAT

Course Specialisations 

  • Finance Management 
  • Operations Management 
  • Marketing Management 
  • Information System Management 

Full Course Fees

  • INR 1,63,100 for Students Belonging to Reserved Categories
  • INR 3,63,100 for Domestic Students 
  • INR 6,90,950 for International Students 

Average Placement Package 

INR 29,00,000 P.A

Rank #3 - S. P. Jain Institute of Management & Research (SPJIMR), Mumbai

SPJIMR was established in 1981 in Mumbai and has since proceeded to establish its name as one of India’s top B-school, providing not just quality higher education in management but providing scope for holistic growth to students to allow a successful managerial career. It has been ranked as the 20 top management institute in India by the NIRF (2023), and has prestigious accolades like the AMBA membership, AACSB recognition, approval from NBA etc. 

The college offers a two-year Post Graduate Diploma in Management, with the opportunity to take up dual specialisations, i.e. a major and a minor specialisation. Both CAT and CMAT scores are accepted for admissions, along with screening procedures for final candidate selection. The student support facilities are quite robust in the college, along with a well-experienced faculty. The placement support system is highly active and dedicated and brings a host of placement opportunities with appealing packages and job positions to the students’ disposal. 

Degree Offered 

Post Graduate Diploma in Management (PGDM)

Accreditations 

NIRF Rank 20 in Management Category (2023), AACSB, AMBA, NBA

Course Duration 

2 Years

Accepted Entrance Examinations 

CAT, CMAT

Major Course Specialisations 

  • Marketing Management 
  • Finance Management
  • Operations and Supply Chain Management 
  • Information Management 

Minor Course Specialisations

  • Marketing Management 
  • Finance Management
  • Operations and Supply Chain Management 
  • Information Management 
  • Analytics Management
  • Consulting Management 

Full Course Fees

  • INR 20,42,000 for Indian students 
  • INR 29,05,000 for International Students 

Average Placement Package 

INR 33,00,000 P.A

Rank #4 - SVKM's Narsee Monjee Institute of Management Studies (NMIMS, Mumbai)

SVKM’s Narsee Monjee Institute of Management Studies (NMIMS) is a reputed name among management circles for providing elite and comprehensive management education to students. The institute has among its accolades, a few of the top approvals such as from NAAC (an A++ rating), NIRF (Ranked as the 21st top management institution of India) as well as recognition of bodies like AACSB and NBA. 

The university provides a full-time PG degree–Master of Business Administration (MBA) to students and selects candidates for the same through its own entrance exam-the NMIMS Management Aptitude Test (NMAT), along with rounds of screening and personal interview. A few of the top benefits of taking up an MBA from NMIMS is its vast range of offered specialisations, including unique specialisations (like Law, digital transformation, social entrepreneurship etc.), extensive student support, state-of-the-art infrastructural support and dedicated placement services. The university also partners with many MNCs, corporate firms and companies allowing the MBA graduates to explore a vast range of professional opportunities right after completing the degree. 

Degree Offered 

Master of Business Administration (MBA)

Accreditations 

NAAC A++, NIRF Rank 21 in Management Category. AACSB, NBA

Course Duration 

2 Years 

Accepted Entrance Examinations 

NMAT

Course Specialisations 

  • Human Resources 
  • Pharmaceutical Management
  • SBM-TSGM Dual Degree
  • Digital Transformation 
  • Law 
  • Healthcare Management 
  • Real Estate Management 
  • Social Entrepreneurship

Full Course Fees

INR 20,00,000-INR 24,00,000

Average Placement Package 

INR 23,07,000 P.A

Rank #5 - K.J. Somaiya Institute of Management

K.J. Somaiya Institute of Management, a part of the Somaiya Vidyavihar, was started by Shri K. J. Somaiya in 1959. The institute has since been dedicated to providing comprehensive management education to interested candidates. Among its accreditations and recognitions are those such as the AACSB recognition, approval by the AICTE, AIU membership, NBA recognition etc. It is also among India’s top 50 management institutions as ranked by the NIRF in 2023. 

SIMR provides a full-time 2 year MBA degree to students with the option of choosing dual specialisations (one minor and one major specialisation). Scores on any major management entrance exam such as CAT, XAT, CMAT, GMAT or NMAT are accepted for selection to the course. The major benefits of taking this course up from Welingkar WeSchool is the vast number of available specialisations and strong pedagogical support for learning through lectures, simulation games, on-field projects etc. 

Degree Offered 

Master of Business Administration (MBA)

Accreditations 

NIRF Rank 45 in Management Category (2023), AACSB, AICTE, AIU, NBA

Course Duration 

2 Years

Accepted Entrance Examinations 

CAT/XAT/CMAT/NMAT/GMAT

Major Course Specialisations 

  • Marketing Management 
  • Finance Management 
  • Human Resource Management (HRM) 
  • Operations Management 
  • Data Science and Analytics Management 

Minor Course Specialisations 

  • Business Analytics
  • Data Science
  • Financial Services
  • Marketing
  • Strategy and Consulting
  • Sustainability
  • Operations Management
  • People Development

Full Course Fees

INR 19,94,000

Average Placement Package 

INR 12,28,000 P.A

Rank #6 - Principal L N Welingkar Institute of Management Development and Research (Welingkar WeSchool)

Principal L N Welingkar Institute of Management Development and Research, more famously known as Welingkar WeSchool, is a UGC-approved institution for higher education in management that was established in 1977 under the aegis of the S. P. Mandali Trust. WeSchool has also received the approval of the AICTE for providing technical education to students. Welingkar WeSchool is also ranked among the top 75 management institutions of India by the NIRF (2023) and famously known for providing academic and industry exposure to students. 

The B-school provides a Post Graduate Diploma in Management (PGDM) of 2 years, in 11 specialization areas. It accepts candidates for the program on the basis of a valid score in any of the major national entrance exams for management such as CAT, XAT, GMAT, CMAT etc. Supported with financial aid features, the course is provided within an affordable fee range enabling a larger number of interested candidates to take the course up. Students also get the benefit of all-round placement services as part of this course.  

Degree Offered 

Post Graduate Diploma in Management (PGDM)

Accreditations 

NIRF Rank 73 in Management Category (2023), NBA, AICTE

Course Duration 

2 Years 

Accepted Entrance Examinations 

CAT/XAT/CMAT/GMAT/ATMA

Course Specialisations 

  • Marketing Management 
  • Finance Management 
  • Human Resources Management 
  • Operations Management 
  • e-Business Management 
  • Business Design Management 
  • Healthcare Management 
  • Retail Management 
  • Rural Management 
  • Media and Entertainment Management 
  • Research and Business Analytics

Full Course Fees

INR 17,50,000 to INR 18,50,000

Average Placement Package 

INR 12,49,000 P.A

Rank #7 - Jamnalal Bajaj Institute of Management Studies (JBIMS)

Jamnalal Bajaj Institute of Management Studies (JBIMS) is a part of the University of Mumbai and is a government college providing higher education courses to students in the field of management and business administration. The college was started in 1965 by the University of Mumbai and attained autonomy of functioning in 2014. 

The college was among India’s first to offer a full-time Master of Management Studies (MMS) degree, which is a full-time 2 year PG degree course equivalent to an MBA. The candidates for the course are taken in on the basis of performance in the MAH-MBA CET examination. Being a government college, the full course fee for the MMS program is quite affordable in comparison to other B-schools. Students can benefit much from completing this degree from JBIMS as the RoI in terms of placement and average salary packages offered in placements is quite good.  

Degree Offered 

Master of Management Studies (MMS)

Accreditations 

AICTE, The Economic Times Rank 10 in 2019 

Course Duration 

2 Years 

Accepted Entrance Examinations 

MAH-MBA CET Exam

Course Specialisations 

  • Finance Management 
  • Marketing Management 
  • Operations and Supply Chain Management
  • Human Resource Management 
  • System and Digital Business Management 

Full Course Fees

INR 6,00,000-INR 7,00,000

Average Placement Package 

INR 28,00,000 P.A

Rank #8 - N. L. Dalmia Institute of Management Studies and Research, Mumbai

NL. Dalmia Institute of Management Studies and Research, Mumbai (NLDIMSR) was started in 1995 and started offering its academic degree programs by 1997. The college has been accredited and recognised by all major bodies of accreditation such as the AICTE, AACSB, NBA, ISO etc. It is a NAAC-rated ‘A’ grade college and a member of the AIU. The college is a prestigious institute for technical and management education, and provides students with multiple outlets for exposure and practical learning such as through lectures, summer internships, international collaborations etc. 

The college offers a Post Graduate Diploma in Management (PGDM) in four areas of specialisation. Further the candidate can apply to the course if they have qualified in any one of the management entrance exams like CAT, XAT, MHCET, CMAT, MAT etc. and qualified the personal interview and general discussion rounds of screening. Students can pay the course fee in instalments as well as seek financial aid through the educational loan partners of the college. Placement services are also provided as a part of the course, and students can seek jobs in a number of top companies and MNCs that partner with the college. 

Degree Offered 

Post Graduate Diploma in Management (PGDM)

Accreditations 

NAAC ‘A’, AICTE, AIU, AACSB, NBA, ISO etc.

Course Duration 

2 Years

Accepted Entrance Examinations 

CAT/XAT/MHCET/ CMAT/ATMA/MAT/GMAT

Course Specialisations 

  • Finance Management
  • Marketing Management
  • Human Resource Management
  • Business Analytics  

Full Course Fees

INR 15,00,000

Average Placement Package 

INR 7,00,000 P.A

Rank #9 - ICFAI Business School Mumbai (IBS Mumbai)

IBS Mumbai or ICFAI Business School, Mumbai is a part of the ICFAI Foundation for Higher Education (IFHE), and was established in 1995. It is a UGC and AICTE approved institution and has decades of repute in providing quality education in management. The university is among the A++ rated B-schools of India by Business India. 

The college offers a two-year Post Graduate Program in Management (PGPM), which is equivalent to a 2-year MBA program. The university conducts its own entrance test for selection of candidates– the IBSAT (ICFAI Business Studies Aptitude Test), but also candidates on the basis of their scores on CAT, GMAT or the NMAT. The fee range for the PGPM course of IBS Mumbai is also quite affordable and offered with additional financial aid for enabling more students to afford the course. The placement support and the RoI in terms of placement training and average offered CTC are also satisfactorily high here. 

Degree Offered 

Post Graduate Program in Management (PGPM) 

Accreditations 

UGC, AICTE, Business Today (Rank 20), Business India (A++ Ranking), Careers 360 (in Top 7 B-schools of West Zone)

Course Duration 

2 Years 

Accepted Entrance Examinations 

IBSAT/CAT/GMAT/NMAT

Full Course Fees

INR 9,09,000

Average Placement Package 

INR 7,14,000 P.A

Rank #10 - D. Y. Patil University School of Management (DYP), Navi Mumbai

The D. Y. Patil University School of Management, Navi Mumbai is a UGC and AICTE recognised institution in Mumbai that offers students with a Master of Business Administration (MBA) course. The university was founded in 1983 by Dr. D. Y. Patil, and has established itself as one of Mumbai’s and India’s top institutions for management education. It is a NAAC rated ‘A’ grade university.

The university offers a 2-year MBA degree program. The MBA of DYP is approved by the AICTE and includes the choice from 14 specialisations, with unique and up and coming ones like sports management, biotechnology management, pharmaceutical industry management etc. The university provides all-round learning support to students through lectures alongside internship opportunities, field projects and placement training. The placement records, history of placement partners of the university and the average offered CTC to graduates is also quite satisfactory at DYP. 

Degree Offered 

Master of Business Administration (MBA)

Accreditations 

NAAC ‘A’, AICTE, UGC

Course Duration 

2 Years 

Accepted Entrance Examinations 

DYP-CET

Course Specialisations 

  • Finance Management 
  • Marketing Management 
  • Human Resource Management 
  • Entrepreneurship Management 
  • Systems Management 
  • Sports Business Management 
  • Operations Management 
  • International Business Management 
  • Banking and Insurance Management 
  • Logistics and Supply Chain Management 
  • Biotechnology Management 
  • Health and Hospital Management
  • Pharmaceutical Industry Management
  • Aviation Management

Full Course Fees

INR 15,00,000

Average Placement Package 

INR 5,00,000 P.A.

ROI of MBA Colleges in Mumbai

One of the key factors to look up when selecting the MBA college you want to go for is the Return on Investment that you are getting from the college. 

Placements are a crucial aspect of an MBA or PGDM program. Hence, before selecting the MBA college you want to go for, you should check the RoI of that college, in terms of the average placement package (investment benefit) offered as compared to the full course fee (investment cost). You can also compare aspects like the placement record and percentage of students placed to get a more detailed idea about your likely RoI from admission in an MBA college. You may also compare the RoI of various colleges by finding the RoI percentage: 

The MBA colleges are well-known across India not only for their academic comprehensiveness but also excellent placement services and records. The top MBA colleges of Mumbai not only offer placement training and campus placement drives but also paid summer internship opportunities, thus increasing the RoI. Some of the best colleges for an MBA in Mumbai offer the course at affordable fee ranges with excellent placement packages offered to students upon course completion.

Is MBA Worth It?

Is Online MBA Worth It?

How to Calculate Return on Investment?

Here are the full course fees and the average placement packages offered to students in some of the top MBA colleges of Mumbai. You can compare the RoI of the colleges here for ease. 

College/Institute 

Full Course Fees

Average Placement Package 

National Institute of Industrial Engineering, Mumbai

INR 13,00,000-INR 14,70,000

INR 31 LPA

Indian Institute of Technology, Bombay

INR 1,63,000-INR  6,90,950 

INR 29 LPA 

S. P. Jain Institute of Management & Research

INR 20,42,000-INR 29,05,000

INR 33 LPA

SVKM's Narsee Monjee Institute of Management Studies

INR 20,00,000-INR 24,00,000

INR 23.07 LPA

Principal L N Welingkar Institute of Management Development and Research

INR 17,50,000-INR 18,50,000

INR 12.49 LPA

K.J. Somaiya Institute of Management

INR 19,94,000

INR 12.28 LPA

Jamnalal Bajaj Institute of Management Studies (JBIMS) 

INR 6,00,000-INR 7,00,000

INR 28 LPA

N. L. Dalmia Institute of Management Studies and Research, Mumbai

INR 15,00,000

INR 7 LPA

ICFAI Business School Mumbai (IBS Mumbai) 

INR 9,09,000

INR 7.14 LPA

D. Y. Patil University School of Management, Navi Mumbai

INR 15,00,000

INR 5 LPA

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Top Recruiters

There are a large number of companies including multinational companies and enterprises, top corporate firms, some government firms etc. that hire MBA graduates, often directly from the campus as freshers. Backed with lucrative salary packages, they also receive a number of perks and benefits. 

So it is quite helpful to research the placement partners of a particular MBA institute/college, as it may provide you an idea about the career scope you can explore directly after graduation in your college. If you have an idea about your area of interest and specialisation, you can accordingly look for MBA colleges that provide the specialisation and have a variety of placement partners from that domain. 

Here are a few of the companies that partner with some of the top MBA and PGDM colleges of Mumbai:  

College/Institute/University  

Top Recruiting Partners 

National Institute of Industrial Engineering, Mumbai

  • American Express
  • Axis Bank
  • Accenture 
  • Deloitte
  • Cisco
  • Cognizant
  • McKinsey
  • Abbott 
  • Reliance Industries
  • Samsung 
  • Titan 
  • Whirlpool 
  • Philips
  • Cipla etc.

Indian Institute of Technology, Bombay

  • ICICI Bank
  • Indus Valley Partners
  • JP Morgan Chase & Co
  • Accenture Strategy
  • Deloitte USI
  • Amazon 
  • Google 
  • Asian Paints 
  • Reliance Industries Ltd. 
  • Adani 
  • Jio etc

S. P. Jain Institute of Management & Research

  • Kimberley Clark 
  • Godrej 
  • Marico 
  • PayTm
  • Amazon India 
  • Axis Bank 
  • Goldman Sachs
  • ITC 
  • Hindustan Unilever
  • KPMG 
  • P&G
  • Accenture Strategy 
  • American Express etc.

SVKM's Narsee Monjee Institute of Management Studies

  • Google 
  • Microsoft 
  • Ernst & Young 
  • Wipro 
  • Deloitte 
  • KPMG 
  • Goldman Sachs 
  • ICICI Bank 
  • Capgemini 
  • ITC
  • Marico 
  • J P Morgan 
  • Whirlpool etc. 

Principal L N Welingkar Institute of Management Development and Research

  • Abott 
  • Bluestar 
  • Ernst & Young 
  • Dell 
  • Cinepolis 
  • Mahindra 
  • Morgan Stanley
  • Wipro 
  • PWC
  • Reliance Industries Ltd. 
  • Michael Page etc. 

K.J. Somaiya Institute of Management

  • Abott 
  • Daikin 
  • Deloitte 
  • HP
  • HCL 
  • Dell 
  • Ernst & Young 
  • ITC 
  • ICICI Bank 
  • McKinsey and Company 
  • Marico 
  • LG 
  • Oneplus etc. 

Jamnalal Bajaj Institute of Management Studies (JBIMS) 

  • JP Morgan and Chase Co. 
  • HDFC Bank 
  • HSBC Bank 
  • KPMG 
  • Infosys
  • Marico 
  • Kotak Mahindra Bank etc. 
  • Oyo 
  • Metlife 
  • Mi etc.

N. L. Dalmia Institute of Management Studies and Research, Mumbai

  • Tata Consultancy Services (TCS) 
  • ICICI Bank 
  • The Leading Solutions 
  • Urban Company 
  • Acuite 
  • Reserve Bank of India 
  • Aditya Birla Capital 
  • Crompton 
  • Tata Power etc. 

ICFAI Business School Mumbai (IBS Mumbai) 

  • Wipro 
  • Google 
  • Oracle 
  • Zomato  
  • Grofers 
  • Vedanta 
  • Tata Consultancy Services (TCS)
  • Reliance 
  • Bajaj 
  • Larsen & Toubro 
  • Citi 
  • Goldman Sachs 
  • Ernst & Young etc. 

D. Y. Patil University School of Management, Navi Mumbai

  • HDFC Bank 
  • Axis Bank 
  • Sutherland
  • Jio 
  • Vedantu 
  • Kotak Mahindra 
  • IDFC Bank etc. 

Online MBA Colleges in Mumbai

Here we have listed a few of the top online accredited universities in and around Mumbai that offer an MBA or equivalent course (PGMD). 

University 

Course 

Mode 

Amity University Online 

MBA 

Online Learning Mode (OL)

Dr. D. Y. Patil Vidyapeeth Online

MBA

Online Learning Mode (OL)

ICFAI Online 

MBA

Online Learning Mode (OL)

Other Online MBA Colleges

Here is a list of some online MBA colleges in different regions. You can check out this list & choose the best one near your residential/work location.

MBA Colleges In Pune

MBA Colleges In Chennai

MBA Colleges In Bangalore

MBA Colleges In Hyderabad

MBA Colleges In Lucknow

MBA Colleges In Kolkata

MBA Colleges In India

MBA Colleges In Dehradun

MBA Colleges In Delhi

MBA Colleges In Varanasi

MBA Colleges In Gurgaon

MBA Colleges In Bhubaneswar

MBA Colleges In Jaipur

MBA Colleges In Patna

Government MBA Colleges In India

MBA Colleges In Maharashtra

MBA Colleges In Ahmedabad

MBA Colleges In Kerala

Best Paid MBA Online Specialization

MBA Finance Online

MBA Marketing Online

MBA HR Online

MBA Operations Online

MBA IT Online

MBA Business Analytics Online

MBA International Business Online

MBA Data Science Online

MBA Project Management Online

MBA Digital Marketing Online

MBA Banking and Finance Online

MBA General Online

Conclusion 

So, if you have read the blog this far, you are already aware of some of the best college options for taking up an MBA from Mumbai. Being one of India’s economically advanced cities, the cost of living and lodging/accommodation in hostels may be a little higher than other metropolitan cities, the RoI of pursuing an MBA from Mumbai is relatively a lot higher and appealing, with excellent scope for getting placed in top MNCs and corporate companies.

FAQs (Frequently Asked Questions)

A few of the top MBA colleges in Mumbai include National Institute of Industrial Engineering, Mumbai, Shailesh J. Mehta School of Management (IIT Bombay), NMIMS, S. P. Jain Institute of Management & Research, K.J. Somaiya Institute of Management etc.

Depending on the college/institute you choose, pursuing an MBA in Mumbai can be quite affordable with good return on investment. Some of the affordable MBA colleges of Mumbai include Shailesh J. Mehta School of Management (IIT Bombay), Jamnalal Bajaj Institute of Management Studies (JBIMS), ICFAI Business School Mumbai (IBS Mumbai) etc. 

Some of the government colleges for taking up an MBA in Mumbai include  National Institute of Industrial Engineering, Mumbai, Shailesh J. Mehta School of Management (IIT Bombay), 

JBIMS, Sydenham Institute of Management Studies, Research and Entrepreneurship Education, Jamnalal Bajaj Institute of Management Studies (JBIMS) etc.

On an average, taking up an MBA/PGDM from government colleges in Mumbai can cost upto INR 8,50,000 for the full course while taking up the course from a private college in Mumbai can cost around INR 20,00,000 for the full course. 
 

The highest ranked colleges of Mumbai for an MBA/management degree by the NIRF (2023) include National Institute of Industrial Engineering, Mumbai, Shailesh J. Mehta School of Management (IIT Bombay), S. P. Jain Institute of Management & Research, SVKM's Narsee Monjee Institute of Management Studies, Principal L N Welingkar Institute of Management Development and Research etc. 
 

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