Best MBA Colleges in Mumbai 2024 Fees, Admission, Courses, Placements
Top MBA colleges in Mumbai 2024 - Check the list of top MBA colleges in Mumbai 2024 ranked by NIRF, The Week, Times etc.. along with Fees, Courses, Admission Process.
There are about 5 top MBA colleges in Mumbai. Three are privately owned, and one is owned by public/government organizations. CAT, CMAT, XAT, MAH CET, NMAT, etc., are some of the most accepting entrance exams in top MBA colleges in Mumbai.
IIM Mumbai, NMIMS School of Business Management , SP Jain Institute of Management and Research, KJ Somaiya Institute of Management, Welingkar Mumbai, etc., are some of the best MBA colleges in Mumbai.
Latest Update:
- CAT 2024 admit card released. CAT 2024 exam date is November 24, 2024.
- ATMA 2025 Dec session registrations are open for admission to MBA/MMS/PGDM courses; the last date is December 9, 2024. The ATMA 2025 exam for the Dec session will be held on December 22, 2024.
- The MAT 2024 registration process for the December session is open for the CBT Phase 1 exam, and the last date is November 30, 2024. Registration for the PBT and CBT Phase 2 exams ends on December 7 and December 15, 2024, respectively. Further, MAT 2024 CBT Phase 1, PBT, and CBT Phase 2 exams will be scheduled on December 7, December 14, and December 22, 2024, respectively.
- The NMAT 2024 exam is scheduled from November 5 to December 20, 2024.
- The XAT 2025 exam will be held on January 5, 2025.
Top MBA Colleges in Mumbai: Highlights 2024
A postgraduate degree syllabus called the Master of Business Administration (MBA) offers advanced management and business training. The program will give students the knowledge and abilities they need to be successful in leadership positions. MBA programs strongly emphasize helping students improve their critical thinking, analytical, and decision-making abilities. Students who pursue an MBA can benefit from improved teamwork and communication skills.
Parameters |
Particulars/Statistics |
Number of MBA Colleges |
5 |
Annual Fees |
INR > 5 lakh: 5 colleges |
Top Specialisations |
Finance, Human Resources, Sales and Marketing, Supply Chain, etc. |
Accepted Entrance Exams |
CAT, CMAT, MAH CET, etc. |
Top MBA Colleges in Mumbai with NIRF Ranking 2024
The NIRF (National Institutional Ranking Framework) ranking is an annual ranking system implemented by the Ministry of Education, Government of India. It aims to evaluate and rank higher education institutions in India based on various parameters such as learning, learning, research, graduation outcomes, perception, and more. The NIRF rankings comprehensively assess institutions across different disciplines, including MBA colleges.
College Name |
NIRF 2022 |
NIRF 2023 |
NIRF 2024 |
S.P. Jain Institute of Management & Research |
21 |
20 |
20 |
SVKM`s Narsee Monjee Institute of Management Studies |
25 |
21 |
21 |
K J Somaiya Institute of Management Studies and Research |
71 |
45 |
63 |
Principal L N Welingkar Institute of Management Development and Research |
68 |
73 |
84 |
Top MBA Colleges in Mumbai: Admissions 2024
Here are some general eligibility criteria commonly observed by colleges for MBA Mumbai:
- Students should have a bachelor's degree or equivalent qualification in any discipline from a recognized University or institution with a minimum of 50% aggregate.
- Many MBA colleges in Mumbai consider scores from national-level entrance exams such as the CAT, NMAT, CMAT, MAH CET, etc. Candidates must meet the minimum cutoff scores set by the respective colleges.
Top MBA Colleges in Mumbai: Exam Schedule 2024-25
The most popular entrance exams accepted by top MBA colleges in Mumbai are as follows:
- MAH CET: The Maharashtra Common Entrance Test, or MAH CET, is a management entrance exam. Officially known as MAH MBA/MMS-CET, the State Common Entrance Test Cell, Maharashtra, holds the exam for admission to management programs in various institutes in Maharashtra.
- CAT: The (CAT) Common Admission Test is a national-level management aptitude test for admission to the MBA programs offered by 20 IIMs and over 1,200 B-schools in India. The CAT question paper is divided into three sections: Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Aptitude. Preparing for the CAT exam should include phase-wise completion of the CAT mock test practice, syllabus, and revision.
- CMAT: The Common Management Admission Test (CMAT) is a business aptitude test conducted by the National Testing Agency (NTA) for admission to MBA/PGDM programs. The CMAT is one of the most popular MBA entrance tests in India. About 70,000 candidates appear for the CMAT every year. CMAT score is accepted by about 1,300 B-schools (government and private) in India, including Great Lakes Institute of Management, K J Somaiya Mumbai, JBIMS, SIMSREE, Welingkar Mumbai, and PUMBA. The CMAT question paper consists of 100 questions from Quantitative Techniques and Data Interpretation, Language Comprehension, Logical Reasoning, General Awareness, and Innovation and Entrepreneurship.
Listed below are the following admission dates for the best MBA college in Mumbai, along with their schedule:
Exam Name |
Dates |
Schedule |
ATMA 2024 Exam |
22 Dec '24 |
ATMA Schedule |
CAT 2024 Exam |
24 Nov '24 |
CAT Schedule |
MAT CBT Exam 2024 |
7 Dec '24 |
MAT Schedule |
XAT 2025 Exam |
5 Jan ‘25 |
XAT Schedule |
CMAT 2024 Exam |
15 May '24 (Completed) |
CMAT Schedule |
Top Private MBA Colleges in Mumbai
Among the top 10 MBA colleges in Mumbai, the table below shows some of the best private colleges for an MBA in Mumbai, along with their total tuition fee.
Private Colleges |
Total Tuition Fee |
SPJIMR Admission |
INR 24 lakh |
KJ Somaiya Institute of Management Admission |
INR 17 lakh |
Welingkar Mumbai Admission |
INR 14 lakh |
Cost of Studying at Top MBA Colleges in Mumbai
Pursuing MBA courses in Mumbai is expensive as most colleges have a total tuition fee of more than INR 5 lakh. Tabulated below are the names of Top MBA Colleges in Mumbai, along with their total tuition fee structure:
Fee Range |
Names of Colleges |
INR > 5 lakh |
IIM Mumbai, SP Jain Institute of Management and Research, NMIMS School of Business Management, etc. |