Top 10 MBA Colleges in Mumbai
Mumbai, formerly known as Bombay, is the financial capital of India and a preferred destination for MBA studies, offering high-quality education and ample job prospects. If you are planning to pursue MBA from Mumbai and looking for the best MBA colleges in Mumbai, you are at the right place. CareerMantra.org has researched over 30 MBA colleges in Mumbai and presents the list of MBA colleges in Mumbai including latest placements, fees, cut offs to help you choose the right MBA college in Mumbai.
The MBA program covers key aspects of management (marketing, finance, strategy/framework, human resources, organizational behavior, leadership and information technology, Accounting, Economics etc.). The curriculum is designed to strengthen the theoretical base, provide practical opportunities (internships, research, projects and workshops) to build both hard and soft skills, open a window of career opportunities and help you start your own venture.
Table of Contents
1. Top MBA Colleges in Mumbai as per NIRF Ranking
2. Best MBA Colleges in Mumbai as per current year Average Placement between 15 Lakh to 34 Lakh
3. Best MBA Colleges in Mumbai as per current year Average Placement between 8 Lakh to 15 Lakh
4. Best MBA Colleges in Mumbai as per Lowest Fee Structure & Best Placements
5. MBA Colleges in Mumbai Accepting Top Entrance Exams
6. Why to opt for MBA in Mumbai? Check Key USPs
1. Top MBA Colleges in Mumbai
Based on reputed Rankings, Best MBA colleges in Mumbai are IIM Mumbai, SPJIMR Mumbai, (formerly NITIE), IIT Bombay, NMIMS Mumbai and JBIMS Mumbai. If we expand this list, then TISS, K J Somaiya, Welingkar, BITSOM, SDA Bocconi, SIMSREE Mumbai are also popular MBA colleges in Mumbai. Check their latest Rankings below.
Name of College NIRF Ranking 2024
IIM Mumbai 6
Shailesh J. Mehta School of Management (IIT Bombay) 10
S. P. Jain Institute of Management & Research 20
SVKM`s Narsee Monjee Institute of Management Studies 21
K J Somaiya Institute of Management Studies and Research 63
Prin. L.N. Welingkar Institute of Management Development and Research
2. Best MBA Colleges in Mumbai as
Placement between 15 Lakh to 34 Lakh:
All the best MBA colleges in Mumbai have a consistently high placement record. They record strong placements with high average placements in the range of Rs 15 to 34 lakh per annum. Check out the list of best MBA/PGDM colleges in Mumbai with average placements.
3. Best MBA Colleges in Mumbai as per current year Average
Placement between 8 Lakh to 15 Lakh:
All the best MBA colleges in Mumbai have a consistently high placement record. They record strong placements with high average placements in the range of Rs 8 to 15 lakh per annum. Check out the list of best MBA/PGDM colleges in Mumbai with average placements.
Jamnalal Bajaj Institute of Management Studies
5. MBA Colleges in Mumbai Accepting Top Entrance Exams:
Name of the College Entrance Exam Accepted
IIM Mumbai
S. P. Jain Institute of Management & Research
Shailesh J. Mehta School of Management (IIT Bombay)
Tata Institute of Social Sciences (TISS) Mumbai
Jamnalal Bajaj Institute of Management Studies (JBIMS) CAT & MAH-CET
SVKM`s Narsee Monjee Institute of Management Studies
BITS School of Management (BITSoM)
SIMSREE Mumbai
SDA Bocconi School of Management
K J Somaiya Institute of Management Studies and Research
CAT, GMAT & GRE
CAT, XAT, CMAT & MAH-CET
CAT, GMAT, GRE, NMAT & Bocconi Test
CAT, XAT, CMAT, GMAT, NMAT & CUET PG
Prin. L.N. Welingkar Institute of Management Development and Research
CAT, XAT, CMAT, GMAT & ATMA
Why do MBA in Mumbai? Check out the key USPs
So, why should you do MBA in Mumbai? Here are some of the main reasons that make Mumbai a very preferred MBA city.
1. Financial and Business Hub
Delhi serves as the political capital, while Mumbai is recognised as the financial and commercial capital of India. Bombay Stock Exchange, National Stock Exchange of India, SEBI all have their headquarters here. Hence, it is one of the world's top ten hubs of global financial transactions. Major Indian companies and MNCs like Unilever, P&G, Godrej, L&T, HDFC, Kotak Bank, ICICI Bank, Tata Group, Reliance Industries, Aditya Birla Group also have their corporate headquarters in Mumbai. Mumbai is the hub of media, advertising and entertainment in India. By enrolling in the above-mentioned best MBA colleges in Mumbai, you will get a chance to be a part of the financial and business hub.
2. Bright Job and Career Prospects for MBAs
Mumbai is an ideal place for those seeking jobs in the financial sector. MBAs can apply for jobs in the banking and financial sectors in companies like HSBC, HDFC, Kotak Bank, ICICI Bank and Axis Bank. Mumbai also has plenty of jobs available in sales and marketing in companies like Unilever, P&G, Godrej and many more. As the media, advertising and entertainment hub of India, you have the opportunity to get employment in leading companies like Star TV, Sony TV, Zee TV, Times of India, Hindustan Times. India’s Best MBA colleges in Mumbai offer Bright job and career prospects for MBAs.
3. Hub of Best MBA Colleges
Finally, Mumbai is also a hub of education in management, technology and allied fields. Apart from MBA colleges like IIM Mumbai (formerly NITIE), SPJIMR, JBIMS, NMIMS, there are also premier institutes like Shailesh J Mehta School of Management (IIT Bombay) and Tata Institute of Social Sciences (TISS).
As mentioned above, Mumbai is a preferred MBA destination offering quality education and job opportunities. Based on prestigious rankings, the best MBA colleges in Mumbai are IIM Mumbai, SPJIMR Mumbai, Shailesh J Mehta School of Management (IIT Bombay), NMIMS Mumbai and JBIMS Mumbai.
Next, BITSOM, TISS, K J Somaiya, Welingkar are also the best MBA colleges in Mumbai.
So, if you are planning to pursue MBA from Mumbai and searching for the best MBA colleges in Mumbai, the above information can be very helpful. Check out the list of prestigious MBA colleges in Mumbai. Also, check the best MBA colleges with latest placements, fees, cut off for the list given above and make the best decision.
