SPJIMR Mumbai, TISS Mumbai, IIM Mumbai, SJMSOM Mumbai (IIT Bombay), and JBIMS Mumbai are the top management colleges in Mumbai for MBA, while NMIMS Mumbai, HR College Mumbai, St Xavier’s College Mumbai, Jai Hind College Mumbai, and SNDT Women’s University Mumbai are the top BBA colleges in Mumbai. SPJIMR Mumbai leads the MBA list with a CD Score of 869 out of 1000, while NMIMS Mumbai leads the BBA list at 961.
Key Highlights
MBA
Fees88.53 K (TISS Mumbai) to 41.81 Lakh (SPJSGM Mumbai)
Average Package7.25 LPA (Amity University Mumbai) to 34.00 LPA (IIM Mumbai)
Highest Package1 CPA (SJMSOM Mumbai (IIT Bombay))
Best ROITISS Mumbai – 3185.36%
ExamsCAT, CMAT, XAT, MAT, MAHCET
BBA
Fees70.88 K (Ismail Yusuf College Mumbai) to 28.52 Lakh (NMIMS Mumbai)
Top CollegeNMIMS Mumbai (CD Score 961)
EligibilityClass 12 with 45% to 50% aggregate
Cheapest PrivateSt Xavier’s College Mumbai – 2.70 Lakh
ExamsMUCMET, CUET, NPAT, SMAT; merit elsewhere
Government
MBA Fees88.53 K (TISS Mumbai) to 25.50 Lakh (IIM Mumbai)
BBA Fees70.88 K (Ismail Yusuf College Mumbai) to 7.04 Lakh (Mumbai University)
Top MBAIIM Mumbai (34.00 LPA), TISS Mumbai (28.20 LPA)
AdmissionEntrance score for MBA, Class 12 merit for BBA
Private
MBA Fees8.11 Lakh (IBS Mumbai) to 41.81 Lakh (SPJSGM Mumbai)
BBA Fees2.70 Lakh (St Xavier’s College Mumbai) to 28.52 Lakh (NMIMS Mumbai)
Top MBASPJSGM Mumbai (33.72 LPA), SPJIMR Mumbai (33.60 LPA)
Top BBANMIMS Mumbai, HR College Mumbai, St Xavier’s College Mumbai
Top Management Colleges in Mumbai for MBA 2026
| Rankings in Mumbai | College Name | CD Score (Out of 1000) | Total Fees (INR) | Average/Median Package | CAT Cutoff Percentile (Gen) |
|---|---|---|---|---|---|
| 1 | SPJIMR Mumbai | 869 | 22.69 Lakh | 33.6 LPA | 85 |
| 2 | TISS Mumbai | 833 | 88.53 K | 28.2 LPA | 70 |
| 3 | IIM Mumbai | 829 | 25.50 Lakh | 34 LPA | 97 |
| 4 | SJMSOM Mumbai (IIT Bombay) | 826 | 15.55 Lakh | 26 LPA | 90 |
| 5 | JBIMS Mumbai | 811 | 7 Lakh | 27 LPA | 96 (MAH CET) |
| 6 | NMIMS Mumbai | 801 | 27.02 Lakh | 20 LPA | 96 (NMAT) |
| 7 | SPJSGM Mumbai | 704 | 41.81 Lakh | 33.72 LPA | - |
| 8 | BITSoM Mumbai | 704 | 28.57 Lakh | 21 LPA | - |
| 9 | KJ Somaiya Mumbai | 661 | 23.87 Lakh | 12 LPA | 84 |
| 10 | WeSchool Mumbai | 617 | 15.04 Lakh | 11.78 LPA | 80 |
| 11 | SDA Bocconi Asia Centre Mumbai | 603 | 20.78 Lakh | - | 90 |
| 12 | SIESSBS Mumbai | 520 | 9.02 Lakh | 7.5 LPA | 50 |
| 13 | IBS Mumbai | 517 | 8.11 Lakh | - | 55 (NMAT) |
| 14 | NLDIMSR Mumbai | 512 | 16.75 Lakh | - | - |
| 15 | Amity University Mumbai | 489 | 11.22 Lakh | 7.25 LPA | 70 |
Note: The CD Score is the sum of academic and placement scores. The academic scores are calculated based on state exam cutoffs or all-India entrance exam cutoffs, along with student reviews, NAAC rankings, and agency ratings. The Placement Scores are calculated based on the average package, median package, and the number of students placed from each college.
Note: All info is from official sites and may change.
Ques. Which MBA colleges in Mumbai accept a low CAT score?
Ans. WeSchool Mumbai at 80 percentile, Amity University Mumbai at 70 percentile, SIESSBS Mumbai at 50 percentile, and IES MCRC Mumbai at 25 percentile are among the MBA colleges in Mumbai that accept a lower CAT score. WeSchool Mumbai pays the most among them at 11.78 LPA.
| College Name | CAT Percentile | Average/Median Package |
|---|---|---|
| WeSchool Mumbai | 80 | 11.78 LPA |
| Amity University Mumbai | 70 | 7.25 LPA |
| SIESSBS Mumbai | 50 | 9.26 LPA |
| IES MCRC Mumbai | 25 | 7.5 LPA |
Ques. Which MBA colleges in Mumbai offer admission without exam?
Ans. DSIMS Mumbai, AGBS Mumbai, and AIAIMS Mumbai are among the MBA colleges in Mumbai that offer direct admission. Fees range from 71.50 K at GICED Mumbai to 8.56 Lakh at AGBS Mumbai.
| College Name | Total Course Fee | Admission Process |
|---|---|---|
| DSIMS Mumbai | 4.65 Lakh | Direct admission based on Graduation Marks and Personal Interview (PI) |
| AGBS Mumbai | 8.56 Lakh | Admission is generally based on a combination of Undergraduate Academic Records and a Personal Interview (PI) |
| AIAIMS Mumbai | 2.5 Lakh | Direct admission is often based on Academic Merit (graduation performance) and a Personal Interview (PI) |
| GICED Mumbai | 66 - 71.50 K | Admission is usually merit-based, considering Undergraduate Scores and other criteria. |
| ACPEC Mumbai | 2.41 Lakh | Admission is often merit-based, considering academic performance in undergraduate studies. |
Ques. Is work experience mandatory for MBA admission in Mumbai colleges, and are freshers eligible?
Ans. None of the top MBA colleges in Mumbai make work experience mandatory for the flagship 2-year programme, but the batch profile tells the real story: around 84% of SPJIMR Mumbai's PGDM batch and 85% of SJMSOM Mumbai's MBA batch have prior work experience (average 25 months at SJMSOM). JBIMS Mumbai MMS is fully fresher-friendly with no work-experience weightage. SJMSOM Mumbai asks for 60% in graduation (55% for SC/ST/PwD), the highest bar among the top colleges; TISS Mumbai asks for only 45%. Here is the work experience and eligibility snapshot for the top MBA colleges in Mumbai.
| College Name | Work-ex Mandatory? | Freshers Eligible? | Batch with Work-ex | Graduation Marks (Gen / Reserved) | Work-ex Rule / Note |
|---|---|---|---|---|---|
| SPJIMR Mumbai | No | Yes | ~84% (1 – 5 yrs) | 50% | Max 5 yrs; relevant work-ex scored in the profile shortlist |
| SJMSOM Mumbai (IIT Bombay) | No (5% weight) | Yes | ~85% (avg 25 months) | 60% / 55% (or CPI 6.5 / 6.0) | Only full-time paid work after graduation counts; coaching-centre and small proprietorship experience not counted |
| IIM Mumbai | No | Yes | - | 50% / 45% | Work-ex as on Dec 31 of the CAT year counted in the APWE score |
| JBIMS Mumbai | No | Yes | - | 50% / 45% | No work-ex weightage for full-time MMS; Part-time MMS needs min 2 yrs supervisory work-ex |
| NMIMS Mumbai | No | Yes | - | 50% / 45% | Only the first NMAT attempt is considered; no management quota |
| TISS Mumbai (MA HRM & LR) | No | Yes | - | 45% | Female and transgender candidates get +3 marks at the shortlist stage |
| BITSoM Mumbai | No | Yes | - | 50% | Fully residential 2-year MBA with 160 seats; GMAT/GRE applicants can apply on a rolling basis |
| WeSchool Mumbai (PGDM) | No | Yes | - | 50% | Final-year graduation students can apply provisionally |
| KJ Somaiya Mumbai | No | Yes | - | 50% | - |
Ques. Which specialisations are offered by management colleges in Mumbai?
Ans. Finance is the most widely offered MBA specialisation in Mumbai, at 36 colleges, followed by Marketing at 33 and Operations Management at 26. At BBA level, Business Administration leads with 84 colleges, followed by General (37), Marketing (22) and Finance (13).
| Specialization | Count of Colleges | Top Colleges |
|---|---|---|
| Finance | 36 | IIM Mumbai, SJMSOM Mumbai, Welingkar Mumbai |
| Marketing | 33 | KJ Somaiya, Wellingkar, Vivekanand Business School |
| Operations Management | 26 | IIM Mumbai, SJMSOM Mumbai, Welingkar Mumbai |
| Human Resources Management | 24 | JBIMS Mumbai, SJMSOM Mumbai, NMIMS Mumbai |
Ques. Which BBA colleges in Mumbai offer admission without an entrance exam?
Ans. Eight of the top ten BBA colleges in Mumbai admit on Class 12 marks alone, including HR College Mumbai, St Xavier’s College Mumbai, and Jai Hind College Mumbai. NMIMS Mumbai needs an entrance test as well.
| College Name | BBA Total Fees (INR) | Admission Basis |
|---|---|---|
| HR College Mumbai | 3.19 Lakh | Class 12 with 50% |
| St Xavier’s College Mumbai | 2.70 Lakh | Class 12 with 50% |
| Jai Hind College Mumbai | 4.29 Lakh | Class 12 with 50% |
| SNDT Women’s University Mumbai | 1.25 Lakh | Class 12 with 50% |
| Mithibai College Mumbai | 2.81 Lakh | Class 12 with 45% |
| KC College Mumbai | 3.01 Lakh | Class 12 pass |
| Amity University Mumbai | 13.98 Lakh | Class 12 with 50% |
| Ismail Yusuf College Mumbai | 70.88 K | Class 12 with 50% |
Ques. MBA or BBA: which management course should be chosen in Mumbai?
Ans. BBA is an undergraduate entry taken straight after Class 12, while MBA is a postgraduate degree that needs a completed bachelor’s degree. The two sit at different stages of a career rather than competing with each other.
| Criteria | BBA | MBA |
|---|---|---|
| Entry Level | After Class 12 | After graduation |
| Course Duration | 3 years | 2 years |
| Admission Basis | Class 12 merit at most colleges, entrance tests at NMIMS Mumbai | CAT, CMAT, XAT, MAT, MAHCET, followed by WAT, GD and PI |
| Total Fees (INR) | 70.88 K to 28.52 Lakh | 88.53 K to 41.81 Lakh |
| Typical Roles | Business analyst trainee, sales and marketing executive, operations associate | Consultant, product manager, finance manager, strategy roles |
A BBA opens entry-level roles in sales, marketing, operations and analytics, and is the standard route into a management trainee programme. An MBA from a top Mumbai college moves a candidate into consulting, product management and finance, which is where the 34.00 LPA figure at IIM Mumbai comes from.

MBA Placements at Management Colleges in Mumbai 2026
IIM Mumbai records the highest average package among management colleges in Mumbai at 34.00 LPA, followed by SPJSGM Mumbai at 33.72 LPA and SPJIMR Mumbai at 33.60 LPA. Recruiters across the city include Kearney, TAS, BCG, Aditya Birla Group, Accenture Strategy, and Amazon.
| College Name | Total Course Fees (INR) | Average/Median Package | Highest Package | ROI (%) | Top Recruiters |
|---|---|---|---|---|---|
| SPJIMR Mumbai | 22.69 Lakh | 33.60 LPA | 75.00 LPA | 148.08% | Kearney, TAS, BCG, Aditya Birla Group, Accenture Strategy |
| IIM Mumbai | 25.50 Lakh | 34.00 LPA | 54.00 LPA | 133.33% | Aditya Birla Group, Amazon, Bain & Company India Private Limited, Cognizant, Cypress |
| TISS Mumbai | 88.53 K | 28.20 LPA | 36.25 LPA | 3185.36% | Accenture Strategy & Consulting, Asian Paints, Godrej Industries and Kotak Mahindra Bank |
| JBIMS Mumbai | 7.00 Lakh | 27.00 LPA | 80.00 LPA | 385.71% | Accenture, Adani, Axis Bank, Cognizant, Coca-Cola |
| SJMSOM Mumbai (IIT Bombay) | 15.55 Lakh | 26.00 LPA | 1 CPA | 167.20% | Adani Group, ICICI Bank, Deloitte, JP Morgan Chase & Co., Asian Paints |
| NMIMS Mumbai | 27.02 Lakh | 20.00 LPA | 67.70 LPA | 74.02% | ITC, Samsung, Pepsico, Axis Bank, ICICI Bank |
| SPJSGM Mumbai | 41.81 Lakh | 33.72 LPA | 78.09 LPA | 80.65% | Google, Amazon, Tata, IBM, and HCL |
| BITSoM Mumbai | 28.57 Lakh | 21.00 LPA | 32.50 LPA | 73.50% | Accenture Strategy, Arthur D. Little, BCG, EY, KPMG |
| KJ Somaiya Mumbai | 23.87 Lakh | 12.00 LPA | 29.30 LPA | 50.27% | Amazon, Carrier, Cognizant, Dell, Ernst & Young |
| SDA Bocconi Asia Centre Mumbai | 20.78 Lakh | 14.10 LPA | 36.50 LPA | 67.85% | Accenture, Deloitte, PwC, ICICI Bank, KPMG |
Note: All info is from official sites and may change.
Government MBA Colleges in Mumbai 2026
IIM Mumbai, SJMSOM Mumbai (IIT Bombay), and JBIMS Mumbai are among the top government MBA colleges in Mumbai. The fee ranges from 88.53 K at TISS Mumbai to 25.50 Lakh at IIM Mumbai. IIM Mumbai has an average/median package of 34.00 LPA, followed by TISS Mumbai at 28.20 LPA.
| College Name | Highest Package | Average Package | Total Fees (INR) |
|---|---|---|---|
| IIM Mumbai | 54 LPA | 34 LPA | 25.50 Lakh |
| SJMSOM Mumbai (IIT Bombay) | 1 CPA | 26 LPA | 15.55 Lakh |
| JBIMS Mumbai | 80 LPA | 27 LPA | 7 Lakh |
| TISS Mumbai | 36.25 LPA | 28.2 LPA | 88.53 K |
| SNDT Mumbai | - | 3.3 LPA | 3.53 Lakh |
Note: All info is from official sites and may change.
Private MBA Colleges in Mumbai 2026
SPJIMR Mumbai, NMIMS Mumbai, and SPJSGM Mumbai are among the top private MBA colleges in Mumbai. The fee ranges from 8.11 Lakh at IBS Mumbai to 41.81 Lakh at SPJSGM Mumbai. SPJSGM Mumbai has an average/median package of 33.72 LPA, followed by SPJIMR Mumbai at 33.60 LPA.
| College Name | Highest Package | Average/Median Package | Total Fees (INR) |
|---|---|---|---|
| SPJIMR Mumbai | 75 LPA | 33.6 LPA | 22.69 Lakh |
| TISS Mumbai | 36.25 LPA | 28.20 LPA | 88.53 K |
| NMIMS Mumbai | 67.70 LPA | 25.13 LPA | 27.02 Lakh |
| SPJSGM Mumbai | 78.09 LPA | 33.72 LPA | 41.81 Lakh |
| BITSoM Mumbai | 32.50 LPA | 21 LPA | 28.57 Lakh |
| KJ Somaiya Mumbai | 29.30 LPA | 13.05 LPA | 23.87 Lakh |
| WeSchool Mumbai | 40 LPA | 11.66 LPA | 15.04 Lakh |
| SDA Bocconi Asia Centre Mumbai | 36.50 LPA | 14.10 LPA | 20.78 Lakh |
| SIESSBS Mumbai | 17 LPA | 9.26 LPA | 9.02 Lakh |
| IBS Mumbai | 20 LPA | 7.89 LPA | 8.11 Lakh |
Note: All info is from official sites and may change.
Top-Ranked MBA Colleges in Mumbai by Various Agencies
SPJIMR Mumbai, IIM Mumbai, and TISS Mumbai feature across the national MBA rankings. IIM Mumbai holds the best NIRF rank among management colleges in Mumbai at 6, and SPJIMR Mumbai the best Collegedunia rank at 8.
| College Name | CD Rank | NIRF | India Today | IIRF | Outlook | The Week |
|---|---|---|---|---|---|---|
| SPJIMR Mumbai | 8 | 20 | 4 | 1 | 2 (2021) | 6 |
| IIM Mumbai | 13 | 6 | 12 | 10 | 17 (2021) | 9 |
| TISS Mumbai | 12 | - | - | - | - | - |
| JBIMS Mumbai | 16 | - | 19 | 8 | 10 | 2 (2019) |
| SJMSOM Mumbai (IIT Bombay) | 18 | 10 | - | 11 | - | 13 (2020) |
Note: All info is from official sites and may change.
Cheapest MBA Colleges in Mumbai 2026
NAMS Mumbai is the cheapest MBA option in Mumbai at 25.00 K, followed by ISMS Mumbai at 28.90 K and KSBM Mumbai at 39.90 K.
| College Name | Course Type | Total Fees (INR) |
|---|---|---|
| NAMS Mumbai | PG (Diploma) | 25 K |
| ISMS Mumbai | PG (Diploma) | 28.9 K |
| KSBM Mumbai | PG (Degree) | 39.9 K |
| XIBMS Mumbai | PG (Degree) | 40.9 K |
| Mumbai University Mumbai | PG (Diploma) | 60 K |
Note: All info is from official sites and may change.
Top Management Colleges in Mumbai for BBA 2026
| Ranking in Mumbai | College Name | CD Score (Out of 1000) | College Type | BBA Total Fees (INR) | Eligibility Criteria |
|---|---|---|---|---|---|
| 1 | NMIMS Mumbai | 961 | Private, Deemed to be University | 28.52 Lakh | Class 12 with 50% + NPAT |
| 2 | HR College Mumbai | 575 | Private, Affiliated | 3.19 Lakh | Class 12 with 50% |
| 3 | St Xavier’s College Mumbai | 570 | Private, Affiliated | 2.70 Lakh | Class 12 with 50% |
| 4 | Jai Hind College Mumbai | 548 | Government, Affiliated | 4.29 Lakh | Class 12 with 50% |
| 5 | SNDT Women’s University Mumbai | 531 | Government, State University | 1.25 Lakh | Class 12 with 50% |
| 6 | Mithibai College Mumbai | 509 | Private, Affiliated | 2.81 Lakh | Class 12 with 45% |
| 7 | KC College Mumbai | 311 | Government, Affiliated | 3.01 Lakh | Class 12 pass |
| 8 | Amity University Mumbai | 232 | Private University | 13.98 Lakh | Class 12 with 50% |
| 9 | Ismail Yusuf College Mumbai | 210 | Government, Affiliated | 70.88 K | Class 12 with 50% |
| 10 | Mumbai University | - | Government, State University | 7.04 Lakh | - |
Note: All info is from official sites and may change.
Government BBA Colleges in Mumbai 2026
Jai Hind College Mumbai, SNDT Women’s University Mumbai, and KC College Mumbai are among the top government BBA colleges in Mumbai. The fee ranges from 70.88 K at Ismail Yusuf College Mumbai to 7.04 Lakh at Mumbai University.
| College Name | BBA Total Fees (INR) | Eligibility Criteria |
|---|---|---|
| Jai Hind College Mumbai | 4.29 Lakh | Class 12 with 50% |
| SNDT Women’s University Mumbai | 1.25 Lakh | Class 12 with 50% |
| KC College Mumbai | 3.01 Lakh | Class 12 pass |
| Ismail Yusuf College Mumbai | 70.88 K | Class 12 with 50% |
| Mumbai University | 7.04 Lakh | - |
Note: All info is from official sites and may change.
Private BBA Colleges in Mumbai 2026
NMIMS Mumbai, HR College Mumbai, and St Xavier’s College Mumbai are the top private BBA colleges in Mumbai. The fee ranges from 2.70 Lakh at St Xavier’s College Mumbai to 28.52 Lakh at NMIMS Mumbai.
| College Name | CD Score (Out of 1000) | College Type | BBA Total Fees (INR) |
|---|---|---|---|
| NMIMS Mumbai | 961 | Private, Deemed to be University | 28.52 Lakh |
| HR College Mumbai | 575 | Private, Affiliated | 3.19 Lakh |
| St Xavier’s College Mumbai | 570 | Private, Affiliated | 2.70 Lakh |
| Mithibai College Mumbai | 509 | Private, Affiliated | 2.81 Lakh |
| Amity University Mumbai | 232 | Private University | 13.98 Lakh |
Note: All info is from official sites and may change.
Cheapest BBA Colleges in Mumbai 2026
V.G. Vaze College Mumbai is the cheapest BBA option in Mumbai at 30.00 K, followed by Vivek College of Commerce Mumbai at 41.86 K and VSIT Mumbai at 43.23 K.
| College Name | Programme | Course Duration | Total Fees (INR) |
|---|---|---|---|
| V.G. Vaze College Mumbai | BBA | 3 Years | 30.00 K |
| Vivek College of Commerce Mumbai | BMS | 3 Years | 41.86 K |
| VSIT Mumbai | BMS | 3 Years | 43.23 K |
| Guru Nanak Khalsa College Mumbai | BMS | 3 Years | 47.80 K |
| Lords Universal College Mumbai | BMS | 3 Years | 50.05 K |
| Vartak College Mumbai | BMS | 3 Years | 50.52 K |
| Dalmia Lions College Mumbai | BMS | 3 Years | 50.89 K |
| JM Patel College Mumbai | BMS | 3 Years | 51.35 K |
Note: All info is from official sites and may change.
Management Colleges in Mumbai: Admission 2026
CAT is accepted by 52 MBA colleges in Mumbai and CMAT by 45, the two widest routes into the city. MBA admission turns on an entrance score followed by WAT, GD and PI, while BBA admission is largely Class 12 merit, with an entrance test at NMIMS Mumbai.
| Step | What to Do |
|---|---|
| Check eligibility | A bachelor’s degree with around 50% marks for MBA, or Class 12 with 45% to 50% for BBA |
| Pick the entrance exam | CAT, CMAT, XAT, MAT for MBA; MUCMET, CUET, NPAT or Class 12 merit for BBA |
| Register | Apply on the exam portal and on each college’s admission page before the deadline |
| Take the test | Appear for the entrance exam; BBA applicants at merit-based colleges skip this step |
| Shortlisting | Colleges release shortlists on entrance score, academics and, for MBA, work experience |
| Selection round | WAT, GD and PI for MBA; merit list or interview for BBA |
| Confirm the seat | Pay the seat acceptance fee and submit documents within the window |
Note: All info is from official sites and may change.
MBA Admission Process
Cutoffs separate the city into tiers. IIM Mumbai asks for 97 CAT percentile, KJ Somaiya Mumbai sits at 84, and SIESSBS Mumbai accepts 50.
BBA Admission Process
Most BBA colleges in Mumbai admit on Class 12 marks alone. Mithibai College Mumbai sets the lowest bar at 45% aggregate, while seven colleges, including NMIMS Mumbai and HR College Mumbai, ask for 50%. NMIMS Mumbai (NPAT) adds an entrance test.
Management Colleges in Mumbai FAQs
Ques. What is the average MBA fee in Mumbai?
Ans. MBA fees at the ranked colleges in Mumbai range from 88.53 K at TISS Mumbai to 41.81 Lakh at SPJSGM Mumbai, and NAMS Mumbai has the lowest MBA fee in the city at 25.00 K. BBA fees range from 70.88 K at Ismail Yusuf College Mumbai to 28.52 Lakh at NMIMS Mumbai.
| Course | Fee Range (INR) |
|---|---|
| MBA | 88.53 K at TISS Mumbai to 41.81 Lakh at SPJSGM Mumbai |
| BBA | 70.88 K at Ismail Yusuf College Mumbai to 28.52 Lakh at NMIMS Mumbai |
Ques. Which management colleges in Mumbai offer the best placements?
Ans. IIM Mumbai offers the best placements with an average package of 34.00 LPA, followed by SPJSGM Mumbai at 33.72 LPA and SPJIMR Mumbai at 33.60 LPA. SJMSOM Mumbai (IIT Bombay) records the highest package at 1 CPA.
Ques. Which MBA colleges in Mumbai offer the best return on investment?
Ans. TISS Mumbai offers the best ROI at 3185.36%, pairing a 28.20 LPA average package with an 88.53 K fee, followed by JBIMS Mumbai at 385.71% and SJMSOM Mumbai (IIT Bombay) at 167.20%.
| College Name | Total Course Fees (INR) | Average/Median Package | ROI (%) |
|---|---|---|---|
| TISS Mumbai | 88.53 K | 28.20 LPA | 3185.36% |
| JBIMS Mumbai | 7.00 Lakh | 27.00 LPA | 385.71% |
| SJMSOM Mumbai (IIT Bombay) | 15.55 Lakh | 26.00 LPA | 167.20% |
| SPJIMR Mumbai | 22.69 Lakh | 33.60 LPA | 148.08% |
| IIM Mumbai | 25.50 Lakh | 34.00 LPA | 133.33% |
Ques. Which are the best affordable management colleges in Mumbai?
Ans. TISS Mumbai is the strongest affordable MBA option at 88.53 K with a 28.20 LPA average package, followed by JBIMS Mumbai at 7.00 Lakh with 27.00 LPA. For BBA, V.G. Vaze College Mumbai is the cheapest at 30.00 K, and St Xavier’s College Mumbai is the lowest-fee private college among the ranked BBA colleges at 2.70 Lakh.
| College Name | Course | Total Fees (INR) | Average/Median Package |
|---|---|---|---|
| TISS Mumbai | MBA | 88.53 K | 28.20 LPA |
| SNDT Mumbai | MBA | 3.53 Lakh | 3.30 LPA |
| JBIMS Mumbai | MBA | 7.00 Lakh | 27.00 LPA |
| V.G. Vaze College Mumbai | BBA | 30.00 K | - |
| Vivek College of Commerce Mumbai | BMS | 41.86 K | - |
| VSIT Mumbai | BMS | 43.23 K | - |
Ques. Which are the main entrance exams for MBA and BBA admission in Mumbai?
Ans. CAT is accepted by 52 MBA colleges in Mumbai and CMAT by 45, making them the two widest routes in the city, followed by XAT at 41. BBA entry runs on a much smaller set, led by MUCMET and CUET at 2 colleges each.
MBA entrance exams accepted in Mumbai:
| Entrance Exam | Colleges Accepting in Mumbai | Examples of Colleges |
|---|---|---|
| CAT | 52 | SPJIMR Mumbai, IIM Mumbai, TISS Mumbai |
| CMAT | 45 | JBIMS Mumbai, KJ Somaiya Mumbai |
| XAT | 41 | KJ Somaiya Mumbai |
| MAT | 36 | - |
| MAHCET | 35 | JBIMS Mumbai |
| ATMA | 30 | - |
| GMAT | 27 | SPJIMR Mumbai, SPJSGM Mumbai, BITSoM Mumbai |
| NMAT | 10 | NMIMS Mumbai, SPJSGM Mumbai, KJ Somaiya Mumbai |
BBA entrance exams accepted in Mumbai:
Ques. Which are the top Executive MBA colleges in Mumbai?
Ans. 32 MBA colleges in Mumbai offer the Executive MBA Course. SPJIMR Mumbai is offering the Executive MBA course for 9.95 Lakh. Here is the list of the top Executive MBA colleges in Mumbai with their course fees.
| College Name | Course Fees |
|---|---|
| SPJIMR Mumbai | 9.95 Lakh |
| IIM Mumbai | 16.32 Lakh |
| SJMSOM Mumbai | 45 Lakh |
| SPJSGM Mumbai | 15.86 Lakh |
| KJ Somaiya Institute of Management Mumbai | 12.38 Lakh |
Ques. What scholarships are available at management colleges in Mumbai?
Ans. Management students in Mumbai can access need-based, merit-based, government and corporate scholarships. Most colleges list their own fee waivers on the admission page, and state and central schemes are applied for separately.
| Scholarship Type | Basis |
|---|---|
| Need-based | Family income, usually with a fee waiver of 20% to 100% |
| Merit-based | Entrance score or Class 12 / graduation marks |
| Government | Central and state schemes for SC, ST, OBC, EWS and minority students |
| Corporate / alumni | Sponsored awards, often tied to academic performance |




2026





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