SPJIMR Mumbai, IIM Mumbai, TISS Mumbai, JBIMS Mumbai, and SJMSOM Mumbai (IIT Bombay) are the top MBA colleges in Mumbai according to the Collegedunia MBA rankings 2025. The CD Score (Collegedunia Score) of SPJIMR Mumbai is 1682 (out of 2000) and the placement score is 949.55 (out of 1000), followed by IIM Mumbai, whose CD Score is 1680 and the placement score is 949.55.
The average/median placement packages for the top 10 MBA colleges in Mumbai range from 12 LPA at KJ Somaiya Mumbai to 32 LPA at SPJIMR Mumbai. The total course fee varies from 1 LPA at TISS Mumbai to 36.47 Lakh at SPJSGM Mumbai. SPJIMR Mumbai has recorded the highest package of 81 LPA. TISS Mumbai has the highest ROI of 590 %, with a course fee of 1 Lakh. Admissions are based on scores from entrance exams such as CAT, CMAT, XAT, and MAT. Some colleges also offer direct MBA admissions based on graduation merit, with specific criteria (depending on the colleges).TISS Mumbai, JBIMS Mumbai, SJMSOM Mumbai (IIT Bombay), IIM Mumbai, NMIMS Mumbai, and SPJIMR Mumbai offer an ROI greater than 100%.
Top 20 MBA Colleges in Mumbai 2026
| Rankings in Mumbai | College Name | CD placement Score (Out of 1000) |
Total Fees (INR) | Average/ Median Package | CAT Cutoff Percentile (Gen) |
|---|---|---|---|---|---|
| 1 | SPJIMR Mumbai | 949.55 | 26.5 lakh | 32 LPA | 85 |
| 2 | IIM Mumbai | 949.55 | 21 Lakh | 33 LPA | 97 |
| 3 | TISS Mumbai | 751.71 | 1 Lakh | 26.31 LPA | - |
| 4 | JBIMS Mumbai | 800.57 | 7 Lakh | 18.3 LPA | 96 |
| 5 | SJMSOM Mumbai (IIT Bombay) | 285.71 | 15.16 Lakh | 25.82 LPA | 90 |
| 6 | NMIMS Mumbai | 633.53 | 16 Lakh | 25.13 LPA | 96 (NMAT) |
| 7 | SPJSGM Mumbai | 914.29 | 36.47 Lakh | 20.50 LPA | - |
| 8 | BITSOM Mumbai | 671.43 | 25.55 Lakh | 24 LPA | - |
| 9 | KJ Somaiya Mumbai | 326.41 | 22.32 Lakh | 12 LPA | 84 |
| 10 | SDA Bocconi Asia Centre Mumbai | 428.88 | 20.75 Lakh | 15.01 LPA | 90 |
| 11 | IIM Indore (Mumbai Campus) | 674 | 17.60 Lakh | 25.50 LPA | 90 |
| 12 | WeSchool Mumbai | 349.55 | 14.04 Lakh | 19.05 LPA | 80 |
| 13 | SIESSBS Mumbai | 267.06 | 8 - 10 Lakh | 9.12 LPA | 50 |
| 14 | IBS Mumbai | 229.43 | 9.09 Lakh | 7.89 LPA | 70 - 75 (IBSAT) |
| 15 | NLDIMSR Mumbai | 281.43 | 16.5 Lakh | 9 LPA | - |
| 16 | Amity Business School Mumbai | 171.43 | 7.2 - 11.44 Lakh | 6.50 LPA | 70 |
| 17 | VBS Mumbai | 228.58 | 9.51 Lakh | 8.50 LPA | 75 |
| 18 | IES MCRC Mumbai | 214.29 | 8.12 - 9.12 Lakh | 7.5 LPA | 25 |
| 19 | AGBS Malad Mumbai | 114.29 | 8.56 Lakh | 9.50 LPA | - |
| 20 | TIMSR Mumbai | - | 11.9 Lakh | 7.5 LPA | 95.3 (MAHCET) |
Note - The CD Score is calculated based on the summation 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.
Ques. What is the admission procedure of MBA colleges in Mumbai?
Ans. There are two main routes to take admission into an MBA college in Mumbai: one is through an entrance exam, and the other is through direct admission.
- Admission is based on entrance exams such as CAT, CMAT, XAT, MAT, etc., followed by a Personal Interview (PI) and a Written Ability Test (WAT). This is the main and most followed process for MBA admission.
- Some colleges offer direct admission based on academic performance or management quotas, mostly without an entrance exam. The fees may be higher for this process, and the criteria depend on the college. DSIMS Mumbai, AGBS Mumbai, AIAIMS Mumbai, GICED Mumbai, and ACPEC Mumbai are some of the MBA Colleges in Mumbai that offer direct admission in the MBA/PGDM course.
More Detailed MBA Admission Process (Through Entrance Exam)
- Entrance Exam: Candidates must pass an MBA entrance exam, such as the CAT, CMAT, XAT, or MAT.
- Group Discussion (GD) or Written Ability Test (WAT): After clearing the entrance exam, institutes conduct GD or WAT.
- Personal Interview (PI): Shortlisted candidates attend the PI round for final selection.
- Final Selection: Based on the entrance exam score, GD/PI performance, academic record, and work experience (if applicable).
Important Dates to Remember:
- Notification of CAT: July
- CAT Exam: November
- Results: January
- WAT/PI: February to April
- Final Admission: April to June
Ques. What is the average salary after completing an MBA from Mumbai?
Ans. The average salary of top-tier MBA colleges (ranked 1-10) in Mumbai (such as SPJIMR Mumbai, IIM Mumbai, TISS Mumbai, JBIMS Mumbai, and SJMSOM Mumbai) ranges from 12 LPA at KJ Somaiya Mumbai to 32 LPA at SPJIMR Mumbai. The average salary for decent MBA colleges (11-20 Ranked) in Mumbai (Like IIM Indore (Mumbai Campus), WeSchool Mumbai, SIESSBS Mumbai, IBS Mumbai, NLDIMSR Mumbai) ranges from 6.50 LPA at Amity Business School Mumbai to 25.50 LPA at IIM Indore (Mumbai Campus).
Ques. Which is the cheapest government & Private MBA college in Mumbai?
Ans.
- Ramniranjan Jhunjhunwala College is the cheapest government MBA college in Mumbai, offering a full-time 1-year PG Diploma in Clinical Data Management program for 39.8 K.
- National Academy of Management Studies Mumbai is the cheapest private MBA college in Mumbai, offering a full-time 1-year PG Diploma for 25 K.
Ques. Which MBA colleges in Mumbai offer admission without the CAT entrance exam?
Ans. Many MBA colleges in Mumbai offer admissions through the management quota and accept scores from various entrance exams, including MAT, XAT, MAHCET, and CMAT. More than 38 MBA colleges in Mumbai accept MAH CET scores, and 41 colleges accept XAT scores. Here are some top MBA colleges in Mumbai that do not require CAT for admission:
- SIES School of Business Studies - [SIESSBS], Mumbai
- Kohinoor Business School - [KBS], Mumbai
- BSE Institute Limited - [BIL], Mumbai
- Amity University, Mumbai
- Guru Nanak Institute of Management Studies - [GNIMS], Mumbai
Know More About MBA Colleges in Mumbai
- Placement
- ROI
- Ranking
- Salary Trends
- Student Ratings
- Student Perception
- Government MBA Colleges
- Private MBA Colleges
- CAT-accepting MBA colleges
- MBA Colleges with Low CAT Score
- Colleges Accepting MAH CET
- Admission
- Direct MBA Admission
- Executive MBA Colleges
- Part-time MBA Colleges
- Distance MBA Colleges
- Cheapest MBA Colleges
- Highlights
- Specialisations
- Nearby MBA Colleges
- FAQs
Predict your College here
CAT College PredictorPlacement of MBA Colleges in Mumbai
SPJIMR Mumbai has recorded the highest salary of 81 LPA. Aequitas, FedEx, Google, Kenvue, and Motilal Oswal are among the top recruiters. Here is the list of the placement details of the top MBA colleges in Mumbai.
| College Name | Highest Salary | Average /Median Package | Top Recruitors |
|---|---|---|---|
| SPJIMR Mumbai | 81 LPA | 32 LPA | Aequitas, FedEx, Google, Kenvue, Motilal Oswal |
| IIM Mumbai | 54 LPA | 33 LPA | Everest Industries, Exide, Hero MotoCorp, Britannia, Dabur |
| TISS Mumbai | 49 LPA | 26.31 LPA | Aditya Birla Group, Accenture, Amazon, Capgemini, Deloitte |
| JBIMS Mumbai | 28 LPA | 18.3 LPA | Accenture, Adani, Axis Bank, Cognizant, Coca-Cola |
| SJMSOM Mumbai (IIT Bombay) | 53.8 LPA | 25.82 LPA | JP Morgan Chase, ICICI Bank, Kearney, Deloitte, Accenture Strategy |
| NMIMS Mumbai | 67.70 LPA | 25.13 LPA | ITC, Samsung, Pepsico, Axis Bank, ICICI Bank |
| SPJSGM Mumbai | 38.3 LPA | 20.50 LPA | Google, Amazon, Tata, IBM, HCL |
| BITSOM Mumbai | 50 LPA | 24 LPA | Accenture Strategy, Arthur D. Little, BCG, EY, KPMG |
| KJ Somaiya Mumbai | 28.25 LPA | 12 LPA | Accenture, Infosys, JP Morgan, Cognizant, HSBC |
| SDA Bocconi Asia Centre Mumbai | 36.50 LPA | 15.01 LPA | Accenture, Deloitte, PwC, ICICI Bank, KPMG |
Note: The data provided in the table is based on the NIRF report and Collegedunia, and may vary.
Also Read
The following video by Collegedunia gives a complete overview of the top MBA colleges in Mumbai
Top MBA Colleges in Mumbai ROI-Wise
TISS Mumbai has the highest ROI of 590%, offering an average/median package of 5.9 LPA with total fees of 1 Lakh for an MBA, followed by JBIMS Mumbai and SJMSOM Mumbai. Here is the list of the top MBA colleges in Mumbai by ROI for 2025 in the table below.
| College Name | Total Course Fees (INR) | Median/Average Package (INR) | ROI |
|---|---|---|---|
| TISS Mumbai | 1 Lakh | 5.9 LPA | 590 % |
| JBIMS Mumbai | 7 Lakh | 18.3 LPA | 261.43 % |
| SJMSOM Mumbai (IIT Bombay) | 15.16 Lakh | 25.82 LPA | 170.32 % |
| IIM Mumbai | 21 Lakh | 33 LPA | 157.14 % |
| NMIMS Mumbai | 16 Lakh | 25.13 LPA | 157.06 % |
| SPJIMR Mumbai | 26.50 Lakh | 32 LPA | 120.75 % |
| BITSOM Mumbai | 25.55 Lakh | 24 LPA | 93.93 % |
| SDA Bocconi Asia Centre Mumbai | 20.75 Lakh | 15.01 LPA | 72.34 % |
| SPJSGM Mumbai | 36.47 Lakh | 20.50 LPA | 56.21 % |
| KJ Somaiya Mumbai | 22.32 Lakh | 12 LPA | 53.76 % |
Top-Ranked MBA Colleges in Mumbai by Various Agencies
SPJIMR Mumbai holds the top position across all rankings, followed by IIM Mumbai, TISS Mumbai, and JBIMS Mumbai. Check out the NIRF, Collegedunia, IIRF, Outlook, and The Week MBA rankings in the following table.
| College Name | Collegedunia MBA Ranking 2025 |
NIRF MBA Ranking 2025 |
India Today MBA Ranking 2024 |
IIRF MBA Ranking 2025 |
Outlook MBA Ranking 2025 |
The Week MBA Ranking 2024 |
|
| CD Rank | CD Score (Out of 2000) |
||||||
| SPJIMR Mumbai | 10 (India) 2 (Mumbai) |
1682 | 20 (India) 3 (Mumbai) |
3 (India) 2 (Mumbai) |
1 (India) | 2 (India) (2021) | 6 (India) 1 (Mumbai) |
| IIM Mumbai | 11 (India) 4 (Mumbai) |
1680 | 6 (India) 1 (Mumbai) |
12 (India) 3 (Mumbai) (2020) |
9 (India) | 17 (India) (2021) | 9 (India) 2 (Mumbai) |
| TISS Mumbai | 12 (India) 4 (Mumbai) |
1672 | 101-150 (India) 7 (Mumbai) (Overall) |
- | - | - | - |
| JBIMS Mumbai | 16 (India) 6 (Mumbai) |
1660 | - | 20 (India) 5 (Mumbai) |
6 (India) | 10 (India) | 2 (India) (2019) |
| SJMSOM Mumbai (IIT Bombay) | 18 (India) 6 (Mumbai) |
1652 | 10 (India) 2 (Mumbai) |
- | 10 (India) | - | 13 (India) 4 (Mumbai) (2020) |
| NMIMS Mumbai | 19 (India) 7 (Mumbai) |
1642 | 24 (India) 4 (Mumbai) |
8 (India) 3 (Mumbai) |
5 (India) | 3 (India) (Overall) | 10 (India) 3 (Mumbai) |
| SPJSGM Mumbai | 24 (India) 9 (Mumbai) |
1626 | - | - | - | - | - |
| BITSOM Mumbai | 28 (India) 11 (Mumbai) |
1604 | - | - | - | - | - |
| KJ Somaiya Mumbai | 60 (India) 11 (Mumbai) |
1422 | 65 (India) 5 (Mumbai) |
25 (India) 6 (Mumbai) |
17 (India) | 10 (India) | 45 (India) 6 (Mumbai) |
| SDA Bocconi Asia Centre Mumbai | 69 (India) 15 (Mumbai) |
1390 | - | - | - | - | - |
MBA Colleges in Mumbai Salary Trends
The median salary at SPJIMR Mumbai was 31.50 LPA in 2024, 32 LPA in 2023 and 30 LPA in 2022. Check out the salary trends over 3 years for the top MBA colleges in Mumbai in the following table.
| College Name | Median Salary 2024 | Median Salary 2023 | Median Salary 2022 |
|---|---|---|---|
| SPJIMR Mumbai | 31.50 LPA | 32 LPA | 30 LPA |
| IIM Mumbai | 33 LPA | 32 LPA | 31 LPA |
| TISS Mumbai (PGDM) | 5.99 LPA | 5.22 LPA | 1.50 LPA |
| SJMSOM Mumbai (IIT Bombay) | 26.70 LPA | 26.64 LPA | 25.76 LPA |
| KJ Somaiya Mumbai | 12 LPA | 11.50 LPA | 10.23 LPA |
| NMIMS Mumbai | 20 LPA | 21.35 LPA | 19.20 LPA |
| Wellingkar Mumbai (PGDM) | 11.50 LPA | 11.78 LPA | 10.50 LPA |
Note: The data provided in the table is based on the NIRF data 2025.
Student Ratings of Best MBA Colleges in Mumbai
According to Collegedunia reviews, SPJIMR Mumbai, IIM Mumbai, TISS Mumbai, JBIMS Mumbai, and SJMSOM Mumbai are highly rated MBA colleges in Mumbai. In this table, Academics, Faculty, Infrastructure, Accommodation, Social Life, and Placements are reviewed based on student and alumni feedback on Collegedunia.
| College name | Academics | Faculty | Infrastructure | Accomodation | Social Life | Placements |
|---|---|---|---|---|---|---|
| SPJIMR Mumbai | 4.5 | 4.4 | 4.2 | 3.9 | 4.0 | 4.4 |
| IIM Mumbai | 4.3 | 4.2 | 4.3 | 4.2 | 4.3 | 4.7 |
| TISS Mumbai | 4.3 | 4.3 | 4.1 | 3.8 | 3.8 | 3.8 |
| JBIMS Mumbai | 4.6 | 4.5 | 3.8 | 3.3 | 4.2 | 4.7 |
| SJMSOM Mumbai | 4.5 | 4.3 | 4.7 | 4.1 | 4.5 | 4.5 |
| NMIMS Mumbai | 4.2 | 4.2 | 4.1 | 3.8 | 4.1 | 4.0 |
| SPJSGM Mumbai | 4.3 | 4.5 | 4.4 | 4.5 | 4.5 | 4.5 |
| BITSoM Mumbai | 5.0 |
- |
4.5 | 4.0 |
- |
4.5 |
| KJ Somaiya Mumbai | 4.0 | 4.0 | 4.3 | 3.6 | 4.2 | 3.8 |
| SDA Bocconi Asia Center Mumbai | 4.2 | 4.5 | 3.6 | 3.5 | 4.0 | 3.6 |
Student Perception of Best MBA Colleges in Mumbai
SPJIMR Mumbai, IIM Mumbai, and TISS Mumbai are praised for their infrastructure, academics, faculty, and placements. However, some areas need improvement, such as the sports facility at SPJIMR Mumbai, the Food Quality at IIM Mumbai, and the Infrastructure at JBIMS Mumbai. Here is the summary of what students/alumni think about their colleges in the following table.
| College Name | Overall Ratings | Most Loved Things | Areas of Improvement |
|---|---|---|---|
| SPJIMR Mumbai | 4.2 (45) | Placement Process, Supportive Faculty, Affordable, Peaceful Environment. | Restrooms, Sports Facilities, and Excessive Fines. |
| IIM Mumbai | 4.3 (72) | Experienced Faculty, Curriculum, Placements, Live Projects, Campus | College Timings, Hostel Maintenance, Food Quality, and Congested Campus. |
| TISS Mumbai | 4.0 (85) | Peaceful Environment, Renowned Faculty, Decent Placements, Campus, Alumni Network, Top-notch Amenities. | Compromised Diversity of Faculties, Fee Increment, and Location. |
| JBIMS Mumbai | 4.2 (39) | Location, High Return on Investments, Pedagogy, Library with a huge collection of books, Guidance and support from experienced faculty. | Limited Hostel accommodation, Old Infrastructure, Campus life can be improved, and Cultural events. |
| SJMSOM Mumbai | 4.4 (28) | Events, Sports, Faculty, Campus, Placements, Teaching Pedagogy. | Ad-hoc exam dates, Unaffordable fees, and Batch Size. |
| NMIMS Mumbai | 4.1 (1028) | Academics, Infrastructure, And Experienced Faculty | Strict Attendance and Examination Rules, Sports Ground, Gym |
| SPJSGM Mumbai | 4.4 (27) | Expert faculty, Internship opportunities, and Placements. | Relative Grading System, |
| BITSoM Mumbai | 4.5 (1) | Placements, Top Recruiting Companies, Hostels, and Experienced Faculty |
- |
| KJ Somaiya Mumbai | 4.0 (135) | Sports, Cultural Events, Live Projects, Clubs, Ambience, Internships, Placements, Amenities. | Gender Ratio, Hostels, Fees, Mess Food, Parking Space. |
| SDA Bocconi Asia Centre, Mumbai | 3.90 (3) | Placements, Experienced faculty, Recruitment by top MNCs, and Hostels. |
- |
Disclaimer: The data is based on student reviews and alumni reviews available on Collegedunia.
Government MBA Colleges in Mumbai 2026
Mumbai has 12 government-owned MBA colleges. The top three Government MBA colleges in Mumbai are IIM Mumbai, SJMSOM Mumbai, and IIM Indore (Navi Mumbai). The average fee ranges from 6.6 K at Hansraj Jivandas College of Education to 21 Lakh at IIM Mumbai, and the average placement package ranges from 2.40 LPA to 33 LPA. Here is the list of government MBA colleges in Mumbai, along with total fees and placement details.
| College Name | Placement | Total Fees (INR) |
|---|---|---|
| IIM Mumbai | Highest - 54 LPA Average - 33 LPA |
21 Lakh |
| SJMSOM Mumbai | Highest - 53.8 LPA Average - 25.82 LPA |
15.16 Lakh |
| IIM Indore (Navi Mumbai) | Highest - 70 LPA Average - 29.57 LPA |
17.6 Lakh |
| SNDT Mumbai | Average - 4.8 LPA | 2.03 Lakh |
| SASMIRA Mumbai | - | 3.98 Lakh |
| MNLU Mumbai | Median - 10 LPA | 5 Lakh |
| Hansraj Jivandas College of Education Mumbai | - | 6.6 K |
| Vikas Night College of Arts Science and Commerce Mumbai | - | - |
| IIT Bombay | Average - 23.50 LPA | 15.16 Lakh |
| RJC Mumbai | Average - 2.40 LPA | 39.8 K |
Private MBA Colleges in Mumbai 2026
Mumbai has 115 private MBA colleges. The top three private MBA colleges in Mumbai are SPJIMR Mumbai, TISS Mumbai, and JBIMS Mumbai. The average fee ranges from 1 Lakh at TISS Mumbai to 26.50 Lakh at SPJIMR Mumbai, and the average placement package ranges from 9.12 LPA to 32 LPA. Here is the list of top private MBA colleges in Mumbai, along with total fees and placement details.
| College Name | Highest Salary | Average/median Salary | Total Fees (INR) |
|---|---|---|---|
| SPJIMR Mumbai | 81 LPA | 32 LPA | 26.50 Lakh |
| TISS Mumbai | 49 LPA | 26.31 LPA | 1 Lakh |
| JBIMS Mumbai | 28 LPA | 18.3 LPA | 7 Lakh |
| NMIMS Mumbai | 67.70 LPA | 25.13 LPA | 16 Lakh |
| SPJSGM Mumbai | 38.3 LPA | 20.50 LPA | 36.47 Lakh |
| BITSOM Mumbai | 50 LPA | 24 LPA | 25.55 Lakh |
| KJ Somaiya | 28.25 LPA | 12 LPA | 22.32 Lakh |
| IMB Mumbai | 36.50 LPA | 15.01 LPA | 20.75 Lakh |
| Wellingkar Mumbai | 40 LPA | 11.68 LPA | 1.26 Lakh |
| SIESSBS Mumbai | 26 LPA | 9.12 LPA | 8 Lakh |
Top CAT-accepting MBA colleges in Mumbai
55 colleges in Mumbai accept the CAT exam for MBA admission. Here are the top 5 MBA colleges in Mumbai, along with their course fees and CAT scores.
| College Name | Total Fees | CAT Percentile |
|---|---|---|
| SPJIMR Mumbai | 26.5 lakh | 85 |
| IIM Mumbai | 21 Lakh | 97 |
| TISS Mumbai | 1 Lakh | - |
| JBIMS Mumbai | 7 Lakh | 96 |
| SJMSOM Mumbai (IIT Bombay) | 15.16 Lakh | 90 |
Also Read
MBA: Courses, Admission, Colleges, Eligibility, Specialisations, Syllabus and ScopeMBA Colleges in Mumbai at Low CAT Score
WeSchool Mumbai has a CAT cutoff of 80 %ile, followed by VBS Mumbai, whose CAT cutoff is 75 %ile. Here is the list of the MBA colleges in Mumbai that accept low CAT scores.
| College Name | CAT Percentile | Average/median Package |
|---|---|---|
| WeSchool Mumbai | 80 | 19.05 LPA |
| VBS Mumbai | 75 | 6.50 LPA |
| Amity Business School Mumbai | 70 | 9 LPA |
| SIESSBS Mumbai | 50 | 9.12 LPA |
| IES MCRC Mumbai | 25 | 7.5 LPA |
Best MBA Colleges Accepting MAH CET in Mumbai
38 MBA colleges in Mumbai accept MAH CET for MBA/PGDM admission. JBIMS Mumbai, SIESSBS Mumbai and NLDIMSR Mumbai are top MBA colleges in Mumbai with course fees ranging from 7 to 16.5 Lakh. Here is the list of the best 5 MBA colleges in Mumbai that accept the MAH CET score.
| College Name | Course Fees | Cutoff |
|---|---|---|
| JBIMS Mumbai | 7 Lakh | 99.98 - 99.99 |
| SIESSBS Mumbai | 8 - 10 Lakh | - |
| NLDIMSR Mumbai | 16.5 Lakh | - |
| VBS Mumbai | 9.51 Lakh | 85 |
| IES MCRC Mumbai | 9.12 Lakh | - |
Also Read
MBA Colleges in Mumbai: Admission 2026
The MBA colleges in Mumbai accept marks obtained in multiple entrance exams, such as CAT, CMAT, XAT, and MAT, as part of the MBA admission process. Here is the list of the top 10 MBA colleges in Mumbai, along with their total seats and exam details, in the table below.
| College Name | Total Seats (MBA) | Exam Accepted | Graduation Criteria |
|---|---|---|---|
| SPJIMR Mumbai | 360 | CAT or GMAT | Completed a Bachelor's degree with a minimum of 50% marks or equivalent CGPA |
| IIM Mumbai | 476 | CAT | Completed a Bachelor's degree with a minimum of 50% marks or equivalent CGPA |
| TISS Mumbai | - | CAT | Completed a Bachelor's degree with a minimum of 45% marks or equivalent CGPA |
| JBIMS Mumbai | - | MAH-MBA-CET, CAT, or CMAT | Completed a Bachelor's degree with a minimum of 50% marks or equivalent uCGPA |
| SJMSOM Mumbai | 198 | CAT | Completed a Bachelor's degree with a minimum of 60% marks or equivalent CGPA |
| NMIMS Mumbai | 600 | NMAT (by GMAC) | Completed a Bachelor's degree with a minimum of 50% marks or equivalent CGPA |
| SPJSGM Mumbai | - | GMAT, GRE, CAT, NMAT, or SPJAT (SP Jain Aptitude Test) | Completed a Bachelor's degree with a minimum of 50% marks or equivalent CGPA |
| BITSOM Mumbai | 240 (approx) | CAT, GMAT, or GRE | Completed a Bachelor's degree with a minimum of 50% marks or equivalent CGPA |
| KJ Somaiya Mumbai | 720 | CAT, XAT, CMAT, GMAT, or NMAT | Completed a Bachelor's degree with a minimum of 50% marks or equivalent CGPA |
| SDA Bocconi Asia Centre Mumbai | - | CAT, GMAT, GRE, or SDA Bocconi Test | Completed a Bachelor's degree with a minimum of 50% marks or equivalent CGPA |
MBA Colleges in Mumbai with Direct MBA Admission (No Entrance Exam Required)
DSIMS Mumbai, AGBS Mumbai, AIAIMS Mumbai, GICED Mumbai, and ACPEC Mumbai are some of the popular MBA Colleges in Mumbai that offer an MBA/PGDM course based on merit in graduation, with other criteria.
| 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. |
| RIMSR Mumbai | 3.7 Lakh | Direct admission via the Institute-Level process, often involving Academic Records and a Personal Interview. |
| RBS Mumbai | 2 - 3.45 Lakh | Admission through a process that evaluates Academic Performance and may include a Personal Interview |
| GNIMS Mumbai | 6.59 Lakh | Direct admission is often based on a combination of Academic Performance and a Personal Interview. |
| Aditya Institute of Management Study and Research | 1.81 Lakh | Direct admission based on Graduation Marks and a Personal Interview |
| DYPUSM Mumbai | 19 Lakh | Direct admission based on Academic Performance and a Personal Interview |
Executive MBA Colleges in Mumbai
33 MBA colleges in Mumbai are offering the Executive MBA Course. SPJIMR Mumbai is offering the Executive MBA course for 9.95 Lakh. The table below shows the top 5 Executive MBA colleges in Mumbai with their course fees.
| College Name | Course Fees |
|---|---|
| SPJIMR Mumbai | 9.95 Lakh |
| IIM Mumbai | 7.5 Lakh |
| SJMSOM Mumbai | 45 Lakh |
| SPJSGM Mumbai | 15.86 Lakh |
| KJ Somaiya Institute of Management Mumbai | 12.38 Lakh |
Part-time MBA Colleges in Mumbai
18 MBA colleges in Mumbai offer a part-time MBA Course. SPJIMR Mumbai is offering the part-time MBA course for 9.95 Lakh. Here is the list of the top 5 MBA colleges in Mumbai that offer a part-time MBA Course.
| College Name | Course Fees |
|---|---|
| SPJIMR Mumbai | 10 Lakh |
| WeSchool Mumbai | 1.26 Lakh |
| GNIMS Mumbai | 1.51 - 1.71 Lakh |
| JDBIMS Mumbai | 3.4 Lakh |
| GICED Mumbai | 50 K - 1.5 Lakh |
Distance MBA Colleges in Mumbai
6 MBA colleges in Mumbai offer the Distance MBA Course. WeSchool Mumbai is offering the distance MBA course for 14.04 Lakh. Here is the list of the top 5 distance MBA colleges in Mumbai with their course fees.
| College Name | Course Fees |
|---|---|
| WeSchool Mumbai | 14.04 Lakh |
| IIBMS Mumbai | 43k |
| HJCE Mumbai | 5k - 6.6k |
| Vikas College Mumbai | - |
| XIBMS Mumbai | 60k |
Cheapest MBA Colleges in Mumbai 2026
The first college on the list is Hansraj Jivandas College of Education, which offers a 1 Year Part-Time diploma course with a fee of 6.6 K, followed by the National Academy of Management Studies, which charges a total fee of 25 K. Here is the list of the 10 MBA colleges in Mumbai based on the lowest fees.
| College Name | Course Type | Total Fees (INR) |
|---|---|---|
| Hansraj Jivandas College of Education Mumbai | 1 Year Part-Time Diploma | 6.6 K |
| National Academy of Management Studies Mumbai | 1 Year Full-Time Diploma | 25 K |
| RJC Mumbai | 1 Year Full-Time Diploma | 39.8 K |
| Kaizen School of Business Management Mumbai | 2 Year Full-Time Diploma | 39.9 K |
| Xaviers Institute of Business Management Studies Mumbai | 2 Year Part-Time Degree Course | 40.9 K |
| Indian Institute of Business Management and Studies Mumbai | 10 Months Part-Time Diploma | 42.8 K |
| Indian School of Management & Studies Mumbai | 2 Year Full-Time Degree Course | 44.9 K |
| K. C. College of Management Studies Mumbai | 1 Year Full-Time Diploma | 45 K |
| K. J. Somaiya College of Education Mumbai | 1 Year Part-Time Diploma | 50 K |
| Zenith Institute of Business Management Mumbai | 2 Year Full-Time Degree Course | 61 K |
Relevant articles
MBA Colleges in Mumbai: Highlights
| Details | Statistics |
|---|---|
| Total MBA Colleges in Mumbai | 132 |
| Number of Govt MBA Colleges in Mumbai | 12 |
| Number of Private MBA Colleges in Mumbai | 115 |
| Top MBA College in Mumbai | SPJIMR Mumbai, IIM Mumbai, TISS Mumbai, JBIMS Mumbai |
| Top MBA Specialisations in Mumbai | General, Finance, Marketing, Operations Management, Human Resources Management |
| Total Fees Range | 1 Lakh (TISS Mumbai) - 36.47 Lakh (SPJSGM Mumbai) |
| Average/Median Package | 12 LPA (KJ Somaiya Mumbai) - 33 LPA (IIM Mumbai) |
| Highest Package | 81 LPA (SPJIMR Mumbai) |
| Major Accepted Entrance Exam | CAT, CMAT, XAT, MAT, MAHCET |
Top Specialisations offered by MBA Colleges in Mumbai
General MBA is one of the most popular MBA in Mumbai, with 59 colleges providing the stream. Below is the list of the top MBA specialisations in Mumbai, along with the total number of colleges offering the specialisations and the top 3 colleges for each specialisation.
| Specialization | Count of Colleges | Top Colleges |
|---|---|---|
| General | 59 | SPJIMR, IIM Mumbai, TISS Mumbai |
| Finance | 36 | IIM Mumbai, SJMSOM, Welingkar Mumbai |
| Marketing | 33 | KJ Somaiya, Wellingkar, Vivekanand Business School |
| Operations Management | 30 | IIM Mumbai, SJMSOM, Welingkar Mumbai |
| Human Resources Management | 28 | JBIMS Mumbai, SJMSOM, NMIMS Mumbai |
MBA Colleges in Mumbai For General MBA
59 MBA colleges in Mumbai offer the General MBA. SPJIMR is the top MBA college offering a general MBA at 26.50 Lakh. Other top colleges that provide a general MBA are IIM Mumbai, TISS Mumbai, and SJMSOM. Here is the list of the top MBA colleges in Mumbai for the general MBA with their total course fees and locality.
| College Name | Locality | Total Fees (INR) |
|---|---|---|
| SPJIMR Mumbai | Andheri West | 26.50 Lakh |
| IIM Mumbai | Near Vihar Lake | 21 Lakh |
| TISS Mumbai | Govandi | 1 Lakh |
| SJMSOM Mumbai | IIT Bombay, Powai | 15.16 Lakh |
| NMIMS Mumbai | Vile Parle West | 16 Lakhs |
MBA Colleges in Mumbai For Finance
36 MBA colleges in Mumbai offer an MBA in Finance. IIM Mumbai is the top college offering a Finance program at 21 Lakh. Other top colleges that provide a Finance program are SJMSOM and Welingkar, Mumbai. Here is the list of the top MBA colleges in Mumbai for the Finance program, with their total course fees and locality.
| College Name | Locality | Total Fees (INR) |
|---|---|---|
| IIM Mumbai | Near Vihar Lake | 21 Lakh |
| SJMSOM | IIT Bombay, Powai | 15.16 Lakh |
| Wellingkar Mumbai | Matunga | 1.26 Lakh |
| NL Dalmia Institute | Srishti Complex, Sector 1, Mira Road (East) | 16.5 Lakh |
| Guru Nanak Institute of Management Studies Mumbai | Matunga | 6.59 Lakh |
MBA Colleges in Mumbai For Marketing
33 MBA colleges in Mumbai offer an MBA in Marketing. KJ Somaiya is the top MBA college offering a Marketing program at 22.32 Lakh. Other top colleges offering a Marketing program are Welingkar, Mumbai, and Vivekanand Business School, Mumbai. Here is the list of the top MBA colleges in Mumbai for the Marketing program, with their total course fees and locality.
| College Name | Locality | Total Fees (INR) |
|---|---|---|
| KJ Somaiya | Ghatkopar East | 22.32 Lakh |
| Wellingkar Mumbai | Matunga | 1.26 Lakh |
| Vivekanand Business School Mumbai | Chembur Extension | 9.51 Lakh |
| Sahyadri Institute of Management & Research Mumbai | Mumbai-Goa Highway | 65 K |
| Jankidevi Bajaj Institute of Management Studies Mumbai | Juhu | 3.4 Lakh |
Top MBA Colleges Near Mumbai
Besides 134 MBA Colleges Near Mumbai, there are multiple other colleges within 100 km of the city. Here is the list of the best MBA colleges near Mumbai with their fees in the table below.
| College Name | Area | Distance From Mumbai | Course Fees |
|---|---|---|---|
| SIES College of Management Studies Navi Mumbai | Darave | 16.67 Km | 8 Lakh |
| ITM Navi Mumbai | Kharghar | 16.67 Km | 12.45 Lakh |
| DY Patil Patil VPSM | Darave | 16.67 Km | 19 Lakh |
| Pillai Institute of Management Studies & Research Navi Mumbai | Panvel | 16.67 Km | 4.07 Lakh |
| Institute of Business Studies and Research Navi Mumbai | Belapur | 16.67 Km | 6.6 Lakh |
MBA Colleges in Mumbai FAQs
Ques. How many women-only MBA colleges are there in Mumbai?
Ans. 3 women-only MBA colleges in Mumbai offer MBA/PGDM programs.
- Jankidevi Bajaj Institute of Management Studies - [JDBIMS], Mumbai
- Shreemati Nathibai Damodar Thackersey Women's University - [SNDT], Mumbai
- Shri MD Shah Mahila College of Arts & Commerce, Mumbai
Ques. Which are the most popular entrance exams accepted by MBA colleges in Mumbai?
Ans. CAT, CMAT, XAT, and MAT are some of the popular top entrance exams for MBA admission in Mumbai. Here is the list of the entrance exams that are accepted by the MBA College in Mumbai.
| Exam Name | Total number of colleges accepting the exam |
|---|---|
| CAT | 47 |
| CMAT | 44 |
| XAT | 40 |
| MAT | 38 |
| MAHCET | 37 |
| ATMA | 31 |
| GMAT | 21 |
| NMAT | 10 |
Ques. How many MBA colleges are affiliated with the University of Mumbai?
Ans. 28 MBA colleges in Mumbai are affiliated with the University of Mumbai. Here are the top 3 MBA colleges in Mumbai that are affiliated with the University of Mumbai.
- JBIMS Mumbai
- SPMP LN Welingkar Institute of Management Development & Research
- SIESSBS Mumbai
Ques. How many MBA colleges in Mumbai are approved by AICTE?
Ans. There are 58 AICTE-approved MBA colleges in Mumbai. Here is a list of the top 5 MBA colleges in Mumbai that are approved by AICTE.
- SPJIMR Mumbai
- JBIMS Mumbai
- IIM Mumbai
- SJMSOM Mumbai
- Welingkar Mumbai
Ques. How many MBA colleges in Mumbai are approved by CRISIL?
Ans. Only 1 MBA college in Mumbai is approved by CRISIL.
- NIEM The Institute of Event Management, Mumbai
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