Mumbai, the financial capital of India, is home to some of the top MBA and PGDM colleges offering quality management education with excellent ROI. With access to corporate headquarters, MNCs, and startups, MBA aspirants in Mumbai benefit from real-time industry exposure and placement opportunities.
MBA Colleges in Mumbai offer AICTE-approved PGDM programs and UGC-recognized MBA degrees affiliated to Mumbai University and autonomous institutions.
Top MBA Colleges in Mumbai
College Name | Affiliation/Approval | Fees (Approx) | Exams Accepted | Avg. Placement |
SPJIMR – S.P. Jain Institute of Mgmt & Research | Autonomous (AICTE Approved) | ₹24 Lakhs | CAT/XAT/GMAT | ₹33 LPA |
NMIMS – Narsee Monjee Institute of Management | Deemed University | ₹24 Lakhs | NMAT | ₹15 LPA |
JBIMS – Jamnalal Bajaj Institute of Management | Mumbai University | ₹6 Lakhs | MAH-CET/CAT | ₹28 LPA |
SIMSREE – Sydenham Institute of Management | Mumbai University | ₹2 Lakhs | MAH-CET | ₹10 LPA |
K J Somaiya Institute of Management | Autonomous | ₹20 Lakhs | CAT/XAT/CMAT/NMAT | ₹12 LPA |
N. L. Dalmia Institute of Management Studies | AICTE Approved (PGDM) | ₹10.5 Lakhs | CAT/XAT/CMAT/ATMA | ₹7.5 LPA |
ITM Business School, Navi Mumbai | AICTE Approved (PGDM) | ₹10.45 Lakhs | CAT/MAT/CMAT/XAT/GMAT | ₹7 LPA |
SIES College of Management Studies | AICTE Approved (PGDM) | ₹9.5 Lakhs | CAT/XAT/MAT/CMAT | ₹6.8 LPA |
Chetana’s Institute of Management | AICTE Approved (PGDM) | ₹7.5 Lakhs | MAH-CET/CAT/CMAT/XAT | ₹6 LPA |
MET Institute of Management | Mumbai University | ₹11 Lakhs | MAH-CET/CAT/XAT | ₹6.5 LPA |
MBA Specializations Offered
- Marketing
- Finance
- Human Resource
- Business Analytics
- Operations
- International Business
- Retail Management
- Healthcare Management
Entrance Exams Accepted
- CAT – Common Admission Test
- XAT – Xavier Aptitude Test
- MAT – Management Aptitude Test
- CMAT – Common Management Admission Test
- NMAT – NMIMS Management Aptitude Test
- MAH-CET – Maharashtra State CET
Eligibility Criteria
- Graduation with minimum 50% marks (45% for Reserved categories)
- Final-year students eligible to apply
- Valid entrance exam score required
- Direct Admission options available in some colleges
Why MBA in Mumbai?
- Access to top corporates and MNCs
- High ROI with affordable options
- Top-ranked institutions with global recognition
- Excellent internships and networking opportunities
- Vibrant student life and metro convenience
MBA Admission in Mumbai 2025 – Apply Now
Admissions are now open for the 2025-2027 batch in leading MBA and PGDM colleges in Mumbai. Limited seats available. Early application ensures better options and scholarships.
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