Top 10 MBA Colleges In Mumbai 2026- Admission, Fees, Exams
- Here is the list of top 10 best MBA colleges in Mumbai that includes fees, salary, entrance exams, eligibility criteria, courses, accreditations and m
Here is the list of top 10 best MBA colleges in Mumbai that includes fees, salary, entrance exams, eligibility criteria, courses, accreditations and more.…
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.) Indian Institute of Management, Bombay 6 Post Graduate Diploma in Management (PGDM) CAT INR 16,00,000 Indian Institute of Technology, Bombay 14 Master of Business Administration (MBA) CAT INR 15,15,500 S. P. Jain Institute of Management & Research 20 Post Graduate Diploma in Management (PGDM) CAT, GMAT INR 26,50,000 SVKM's Narsee Monjee Institute of Management Studies 24 Master of Business Administration (MBA) NMAT INR 27,00,000 K.J. Somaiya Institute of Management 65 Master of Business Administration (MBA) CAT/XAT/CMAT/NMAT/GMAT INR 14,14,000- INR 22,32,000 Principal L N Welingkar Institute of Management Development and Research 75 Post Graduate Diploma in Management (PGDM) CAT/XAT/CMAT/GMAT/ATMA INR 14,00,000 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. Student Also Ask MBA Distance Education MBA Online Course MBA for Working Professionals MBA Global Online MBA Dual Online MBA Marketing and Finance Online MBA Data Science and Analytics Online MBA Marketing and HR Online MBA HRM and Finance Online MBA Logestic and Supply Chain Online MBA Hospital and Healthcare Online 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 2025 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 - Indian Institute of Management, Mumbai
The Indian Institute of Management, 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 2025, it has been ranked among the top 6 management institutions of India by the NIRF. The course offered at IIM-mumbai 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. IIM Mumbai is well-known across India for its excellent RoI and reasonable fee range. Degree Offered Post Graduate Diploma in Management (PGDM) Accreditations NIRF Rank 6 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 16,00,0000 Average Placement Package INR 40,00,000 P.A
🎓 Unlock Up To 100% Merit Scholarships for 2026 Admissions
Apply via EduXTech Common Form & get direct counseling from top NAAC A++ Universities.