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Top 20 MBA colleges in Mumbai are listed here, along with costs and placement information. The availability of numerous MBA colleges in Mumbai and certifications are a crucial reality. There are several MBA colleges in Mumbai with placement available, making it difficult to choose the best course.
One of the most well-liked postgraduate programmes in India is the MBA. The MBA is officially known as a Master of Business Administration. Today, many BTech, BBA, BCom, BA, BSc, and BCA graduates choose to pursue an MBA after graduation because most executive-level positions across industries and areas require an MBA.
Passing the MBA entrance exam is required for admission, and multiple rounds of personality tests follow (Group Discussion or GD, Written Ability Test or WAT and Personal Interview or PI). In order to enrol in an MBA programme, students typically need at least a 50% average in their bachelor’s degree from any stream.
Table of Content
- Shailesh J. Mehta School of Management (SJMSON) – INR 8.27 L – 15.21 L
- National Institute of Industrial Engineering (NITIE) – INR 12.53 L – 14.63 L
- S.P. Jain Institute of Management and Research (SPJIMR) – INR 20.42 L – 22.1 L
- NMIMS School of Business Management (NMIMS) – INR 6 L – 24 L
- Amity University, Mumbai – INR 7.24 L – 12.4 L
- National Institute of Management and Research Studies (NIMR) – INR 5 L
- Welingkar Institute of Management – INR 94.4 K – 13 L
- Vivekanand Business School – INR 8 L
- K J Somaiya Institute of Management – INR 3.53 L – 14.82 L
- MKES – Institute of Management Studies & Research (IMSR) – INR 7.9 L
- Jamnalal Bajaj Institute of Management Studies (JBIMS) – INR 1.52 L – 7 L
- NL Dalmia Institute of Management Studies & Research – INR 13.2 L
- J S Kothari Business School – INR 6 L
- SIES College of Management Studies – INR 5.2 L – 7 L
- Thakur Global Business School – INR 9.6 L
- MET Institute of Management – INR 4.09 L – 4.1 L
- IES’s Management College and Research Centre – INR 8 L – 9 L
- ICFAI Business School (IBS) – 2 Years
- Xavier Institute of Management and Research – INR 5.2 L
- Kohinoor Management School – INR 6.1 L
- Top 20 MBA Colleges in Mumbai FAQ
Best MBA College in Mumbai List :
Rank #1 MBA College in Mumbai
Shailesh J. Mehta School of Management (SJMSON)
| NAME | Shailesh J. Mehta School of Management (SJMSON) |
| DURATION | 2 TO 5 years |
| WEBSITE | https://www.som.iitb.ac.in/ |
| CONTACT NO. | 022 2576 7781 / 8826978461 |
| FEES | INR 8 L |
| EMI FACILITY | Available |
Address:
4th Floor, Executive Education Complex, Shailesh J. Mehta School of Management IIT, Powai, Mumbai, Maharashtra 400076.
https://goo.gl/maps/a4BqPZqYXudKvNrbA
Rank #2 MBA College in Mumbai
National Institute of Industrial Engineering (NITIE)
| NAME | National Institute of Industrial Engineering (NITIE) |
| DURATION | 2 years |
| WEBSITE | https://www.nitie.ac.in/ |
| CONTACT NO. | 022 2857 3371 |
| FEES | INR 12.53 L – 14.63 L |
| EMI FACILITY | Available |
Address:
Vihar Lake Rd, near The Residence Hotel, NITIE Admin Block, Powai, Mumbai, Maharashtra 400087
https://goo.gl/maps/ZbP5GkX5PKJ3XBLi9
Rank #3 MBA College in Mumbai
S.P. Jain Institute of Management and Research (SPJIMR)
| NAME | S.P. Jain Institute of Management and Research (SPJIMR) |
| DURATION | 18 months- 2 years |
| WEBSITE | https://www.spjimr.org/ |
| CONTACT NO. | +91-22-2623-0396/ 2401 +91-22-2623-7454 |
| FEES | INR 20.42 L – 22.1 L |
| EMI FACILITY | Available |
Address:
Inside Bhavans College Campus, New Dadabhai Rd, Munshi Nagar, Andheri West, Mumbai, Maharashtra 400058
https://g.page/spjaininstituteofmanagement?share
Rank #4 MBA College in Mumbai
NMIMS School of Business Management (NMIMS)
| NAME | NMIMS School of Business Management (NMIMS) |
| DURATION | 2 years |
| WEBSITE | https://www.nmims.edu/ |
| CONTACT NO. | 022 4235 5555 |
| FEES | INR 6 L – 24 L |
| EMI FACILITY | Available |
Address:
- L, Pherozeshah Mehta Rd, Vile Parle West, Mumbai, Maharashtra 400056
https://goo.gl/maps/8o9hT2ixAwsp1Z6EA
Rank #5 MBA College in Mumbai
Amity University, Mumbai
| NAME | Amity University, Mumbai |
| DURATION | 2 years |
| WEBSITE | https://www.amity.edu/mumbai/ |
| CONTACT NO. | 07045780127 |
| FEES | INR 7.24 L – 12.4 L |
| EMI FACILITY | Available |
Address:
Mumbai – Pune Expressway Bhatan, Somathne, Panvel, Mumbai, Maharashtra 410206
https://goo.gl/maps/F3XC6iQnLwk33dGa7
Rank #6 MBA College in Mumbai
National Institute of Management and Research Studies (NIMR)
| NAME | National Institute of Management and Research Studies (NIMR) |
| DURATION | 2 years |
| WEBSITE | https://www.nimrindia.com/ |
| CONTACT NO. | +91 99307 74836 |
| FEES | INR 5 L |
| EMI FACILITY | Available |
Address:
Plot No 33, Santosh Building, Marol Cooperative Industrial Estate Rd, off Andheri – Kurla Road, Marol, Andheri East, Mumbai, Maharashtra 400059
https://g.page/NIMR_India?share
Rank #7 MBA College in Mumbai
Welingkar Institute of Management
| NAME | Welingkar Institute of Management |
| DURATION | 11 months-3 years |
| WEBSITE | https://www.welingkar.org/ |
| CONTACT NO. | 022 2419 8300 |
| FEES | INR 94.4 K – 13 L |
| EMI FACILITY | Available |
Address:
2VF2+X3R, Lakhamsi Napoo Rd, Opposite Matunga Gymkhana, Matunga, Mumbai, Maharashtra 400019
https://goo.gl/maps/Fg2t7vXhCJGr3gfAA
Rank #8 MBA College in Mumbai
Vivekanand Business School
| NAME | Vivekanand Business School |
| DURATION | 24 months |
| WEBSITE | https://vbs.ves.ac.in/ |
| CONTACT NO. | 022 6789 3000 |
| FEES | INR 8 L |
| EMI FACILITY | Available |
Address:
Hashu Advani Memorial Complex, 495/497 Collector’s Colony, Chembur, Mumbai, Maharashtra 400074
https://goo.gl/maps/ZtX88PGZwkrb14xX7
Rank #9 MBA College in Mumbai
K J Somaiya Institute of Management
| NAME | K J Somaiya Institute of Management |
| DURATION | 2 – 3 Years |
| WEBSITE | https://simsr.somaiya.edu/en |
| CONTACT NO. | 022 6728 3000 |
| FEES | INR 3.53 L – 14.82 L |
| EMI FACILITY | Available |
Address:
Somaiya Vidyavihar University, Vidya Vihar East, Mumbai, Maharashtra 400077
https://goo.gl/maps/ezbyY7tcRDuTXWjn8
Rank #10 MBA College in Mumbai
MKES – Institute of Management Studies & Research (IMSR)
| NAME | MKES – Institute of Management Studies & Research (IMSR) |
| DURATION | 2 Years |
| WEBSITE | https://mkesimsr.ac.in/ |
| CONTACT NO. | 022 2808 5424 |
| FEES | INR 7.9 L |
| EMI FACILITY | Available |
Address:
No. 1, Bhavishya Bharat Campus, Off, Swami Vivekananda Rd, Bhadran Nagar, Mumbai, Maharashtra 400064
https://goo.gl/maps/2vPzWhv2Spoh688b9
Rank #11 MBA College in Mumbai
Jamnalal Bajaj Institute of Management Studies (JBIMS)
| NAME | Jamnalal Bajaj Institute of Management Studies (JBIMS) |
| DURATION | 2 – 3 Years |
| WEBSITE | https://jbims.edu/ |
| CONTACT NO. | 022 2202 4133 |
| FEES | INR 1.52 L – 7 L |
| EMI FACILITY | Available |
Address:
WRHG+9XV, 164, Backbay Reclamation, H.T. Parekh Marg, Churchgate, Churchgate, Mumbai, Maharashtra 400020
https://goo.gl/maps/j9stRkfBrRFwH3nL7
Rank #12 MBA College in Mumbai
NL Dalmia Institute of Management Studies & Research
| NAME | Jamnalal Bajaj Institute of Management Studies (JBIMS) |
| DURATION | 2 Years |
| WEBSITE | https://www.nldalmia.in/ |
| CONTACT NO. | 022 4299 0033 |
| FEES | INR 13.2 L |
| EMI FACILITY | Available |
Address:
WRHG+9XV, 164, Backbay Reclamation, H.T. Parekh Marg, Churchgate, Churchgate, Mumbai, Maharashtra 400020
Rank #13 MBA College in Mumbai
J S Kothari Business School
| NAME | J S Kothari Business School |
| DURATION | 2 Years |
| WEBSITE | https://www.jskothari.edu.in/ |
| CONTACT NO. | 092253 40977 |
| FEES | INR 6 L |
| EMI FACILITY | Available |
Address:
DES Mumbai Campus, Kirti College Road, Off, SVS Rd, Dadar West, Mumbai, Maharashtra 400028
Rank #14 MBA College in Mumbai
SIES College of Management Studies
| NAME | SIES College of Management Studies |
| DURATION | 2 Years |
| WEBSITE | https://www.siescoms.edu.in/ |
| CONTACT NO. | 022 6108 2400 |
| FEES | INR 5.2 L – 7 L |
| EMI FACILITY | Available |
Address:
Sri Chandrasekarendra Saraswati Vidyapuram Sector-V, Nerul, Navi Mumbai, Maharashtra 400706
Rank #15 MBA College in Mumbai
Thakur Global Business School
| NAME | Thakur Global Business School |
| DURATION | 2 Years |
| WEBSITE | https://www.tgbsmumbai.in/ |
| CONTACT NO. | 6730 8201/2, 2884 7445 |
| FEES | INR 9.6 L |
| EMI FACILITY | Available |
Address:
TGBS, C-Block, Thakur Educational Campus, Shyamnarayan Thakur Rd, Thakur Village, Kandivali (E) Mumbai, Maharashtra 400101
https://goo.gl/maps/DKkbB2bW3VD732de8
Rank #16 MBA College in Mumbai
MET Institute of Management
| NAME | MET Institute of Management |
| DURATION | 2 -3 Years |
| WEBSITE | https://www.met.edu/institute/institute_of_management |
| CONTACT NO. | 022 2644 0096 |
| FEES | INR 4.09 L – 4.1 L |
| EMI FACILITY | Available |
Address:
Bhujbal Knowledge City, Reclamation, Bandra West, Mumbai, Maharashtra 400050
Rank #17 MBA College in Mumbai
IES’s Management College and Research Centre
| NAME | IES’s Management College and Research Centre |
| DURATION | 2 Years |
| WEBSITE | https://www.mcrc.ies.edu/ |
| CONTACT NO. | 022 5000 1729 |
| FEES | INR 8 L – 9 L |
| EMI FACILITY | Available |
Address:
791, SK Marg, HIG Colony, Nityanand Nagar, ONGC Colony, Bandra West, Mumbai, Maharashtra 400050
Rank #18 MBA College in Mumbai
ICFAI Business School (IBS), Mumbai
| NAME | ICFAI Business School (IBS), Mumbai |
| DURATION | 2 Years |
| WEBSITE | https://general.ibsindia.org/ |
| CONTACT NO. | 022 4043 4343 |
| FEES | INR 9.09 L |
| EMI FACILITY | Available |
Address:
Hiranandani Gardens Hiranandani Knowledge Park Opp. Hiranandani Hospital, Off, Technology St, Powai, Mumbai, Maharashtra 400076
https://goo.gl/maps/r1UhjN6jju2sJhMR9
Rank #19 MBA College in Mumbai
Xavier Institute of Management and Research
| NAME | Xavier Institute of Management and Research |
| DURATION | 2 Years |
| WEBSITE | https://www.ximr.ac.in/ |
| CONTACT NO. | 022 2265 0608 |
| FEES | INR 5.2 L |
| EMI FACILITY | Available |
Address:
St. Xavier’s College, Mahapalika Marg, Mumbai, Maharashtra 400001
https://goo.gl/maps/9P1Fsd3PmjYLAGJk8
Rank #20 MBA College in Mumbai
Kohinoor Management School
| NAME | Kohinoor Management School |
| DURATION | 2 Years |
| WEBSITE | https://kohinoor.edu.in/# |
| CONTACT NO. | 098201 55405 |
| FEES | INR 6.1 L |
| EMI FACILITY | Available |
Address:
Kohinoor Education Complex, Kohinoor City Rd, Kurla West, Mumbai, Maharashtra 400070
https://goo.gl/maps/HGhqp4KZcgp29SPx5
Top 20 MBA Colleges in Mumbai FAQ
What is an MBA?
An academic curriculum focused on management and marketing, the MBA course. It covers topics including marketing, operations management, supply chain management, management principles, and organizational behavior. Some of the top MBA employers are Bain & Company, Citigroup, Deloitte, Facebook, Apple, Amazon, and Accenture. Middle management positions such as finance manager, product manager, strategy manager, HR manager, etc. are regularly available to MBA graduates. MBA graduates can get employment with salaries ranging from INR 8 lakh to INR 30 lakh annually.
Why Do MBA?
The simplest answer to this question is to go up the corporate ladder quickly. Given that we live in a world where there is severe competition in both the corporate sector and the employment market, one needs to be equipped with managerial skills and leadership qualities in order to be able to contribute to the company in various ways. It will be advantageous if you are an expert in a particular industry to have company management knowledge. An MBA degree is a necessary tool for starting a business or changing careers.
Here are a few benefits of earning an MBA degree:
- Enhanced Career Opportunities
- Higher Salary
- Network of Growing Industries develops leadership skills
- Improve your leadership abilities
- International Trade and Economic Exposure
What are the Types of MBA Courses in Mumbai?
For MBA courses, there are many different formats and styles. In the past, a two-year Full-Time MBA programme was the ideal choice for management aspirants, but due to their flexibility in recent years, Executive MBA and Online MBA programmes have gained significantly greater popularity. The following are some key characteristics of each MBA type:
Full-Time MBA: The typical MBA programme lasts for two years. Residential learning experiences, real-world projects, semester-by-semester evaluations, summer internships, and final placements are all features of this curriculum. Over 5000 colleges in India provide full-time MBA programmes. The average tuition fee ranges from 2 lakh to 25 lakh Indian rupees..
Part-Time MBA: Due to the fact that this programme is not residential, it is most appropriate for people who are currently employed and wish to acquire fundamental managerial abilities. In part-time MBA programmes, there are no options for campus placement or internships. Public and private universities also offer part-time MBA programmes. There are about 300 part-time MBA institutions in India. The price range for the course is INR 1 lakh to 10 lakh. Study Every Detail Regarding Part-Time MBA
Distance MBA: Through written correspondence and remote contact, the candidate completes the programme. The course is designed for people with little free time and money because it is economical and flexible. Depending on your preferences, the course can be completed in two to five years. In India, there are over 490 colleges that provide distance MBAs. IGNOU is the most well-liked. The Complete Guide to Online MBA
online MBA: For an MBA programme, this is now the most preferred format. Video conferencing is used to provide lectures in an online MBA programme, and a learning management system is used to share notes, exams, and evaluations (LMS). A student may enrol in a course in one location while moving to another as there are no actual classes in the online MBA programme. Due to the fact that the lectures are recorded and kept in the LMS, there are no restrictions on attending classes. In India, there are more than 170 online MBA colleges, the bulk of which are private colleges. For More Information On Online MBA
Executive MBA: Only people with at least five years of professional experience should apply for this programme. Despite the shorter period, the curriculum is comparable to that of a full-time MBA (15 to 19 months). Executive MBA programmes are pricey, but some employers offer applicants the chance to be sponsored. In India, there are around 440 executive MBA colleges. Understanding Executive MBA in Full
Integrated 5-year MBA: Undergraduate and graduate coursework are combined in this five-year dual degree programme. One can take an integrated MBA degree after finishing high school. Early career decision-makers in the management field may choose for the Integrated MBA programme, which combines the BBA, MBA, and BTech degrees. Several famous universities, like IIM Rohtak and IIM
MBA Eligibility Criteria
Full-time MBA eligibility criteria are as follows:
- The fundamental qualification for admission to the MBA (full-time) programme is graduation in any discipline or its equivalent from a recognised university.
- majority of universities maintain a minimum average score of 50% or comparable for graduation.
- If they can show proof that their degree was completed within the institute-specified time limit, final-year candidates for graduation who reach the minimum aggregate score criterion of 45% are also permitted to apply for an MBA.
- MBA programmes are available to professionals with degrees in CA, CS, ICWA, and other professions.
Scope of MBA: Top Companies and Recruiters in Mumbai
An MBA can be used in a wide variety of situations in the modern workplace. MBA graduates are in high demand across all industries and fields. The majority of MBA universities position their graduates on campus once they complete a full-time MBA programme to ensure a strong start to their jobs.
Every company, big or small, public or private, hires MBA holders for a variety of jobs. The following is a list of the top companies that hire MBA graduates through university placements:
| MBA Scope: Top Companies | |
| Deloitte | ITC |
| Avendus | Samsung |
| Mahindra | ITC |
| Reliance | Vodafone |
| ICICI Bank | EXL |
| HDFC | Larsen & Tubro |
| JP Morgan Chase & Co. | HSBC |
| PWC | Philips |
| McKinsey & Company | Nestle |
| Aditya Birla Group | Cipla |
| RPG | Flipkart |
| Tata | Saint Gobain |
| TAS | Crisil |
| Wipro | Credit Suisse |
| Microsoft | Bajaj |
| Accenture | Infosys |
| Microland | GAR |
| Amazon | Pidilite |
| Asian Paints | McKinsey&Company |
MBA College Fee in Mumbai
The MBA College Fees in INR 2 lakh to 27 lakh and above
Average MBA Salary in Mumbai
Pay for MBA graduates in India with 1-4 years of experience: With 1-4 years of expertise, the income can level up to Rs. 4,000,00 per year and greater. Pay for Indian MBAs with five years of experience: After five years of employment, the average salary in India is close to Rs. 8,000,000.
MBA Career Scope: Jobs Roles and Salary
For jobs like team lead and department manager, an MBA candidate is chosen. A manager’s duties frequently include planning, strategizing, carrying out, leading the team, coordinating with clients, collaborating with other departments, assigning work and responsibilities, and reporting to higher authorities on projects completed.
What are the Top Specializations in MBA?
Candidates have the choice of studying an MBA outside of the typical MBA programme with a specialization. In India, there are several different MBA concentrations from which candidates can select. It is recommended that every applicant choose a branch or specialization for their MBA degree because it better equips them with the skills needed for specialized industries like finance, operations, human resources, sales, and marketing, to name a few.
Courses after MBA
Students who are not in a rush to join a certain firm after receiving their MBAs can enrol in a range of professional programmes that will enable them to enter the industry with an even higher income.
The following is a list of the courses, both part-time and full-time, together with their fees, prerequisites, and typical incomes.
| Courses after MBA | Eligibility | Cost | Average Salary |
| CMA | Bachelor Degree along with 2 years of Experience | INR 1,00,000 | INR 10,00,000 – 12,00,000 |
| Fellowship Programme in Management | Post-graduation with 55% aggregate in MA, Msc, M.Com., M.B.A., M.C.A or M.Tech. | INR 6,00,000 – INR 13,00,000 | INR 10,00,000 – INR 15,00,000 |
| PhD in Management | Master’s degree in the stream of management studies | INR 10,000 – INR 3,00,000 | INR 6,00,000 – INR 9,00,000 |
| CFA | Graduate from any discipline or in the final year of graduation or 4 years of work experience and possess an International Passport. | INR 40,000 – INR 1,00,000 | INR 10,00,000 – INR 12,00,000 |
| Executive MBA | Graduate from a recognized university and a minimum specified work experience. | INR 4,00,000 – INR 15,00,000 | INR 20,00,000 – INR 25,00,000 |
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