MBA Colleges in Mumbai 2025 : Fees, Admission, Ranking, Cutoff, Placements

Latest Updates and News

18 May, 2025 GATE testing on listing and course listing

There are 135 MBA colleges in Mumbai. These include 119 Private colleges, 8 Public colleges, offering Full Time, Part Time programs. MBA in top colleges in Mumbai is offered in multiple fields such as General, Finance, Marketing, Human Resources Management, Operations Management. Best MBA Colleges in Mumbai include SPJIMR, NMIMS Mumbai, JBIMS Mumbai, KJSIM, Wellingkar Mumbai.

  • MBA Admission 2025 at Colleges in Mumbai is based on CAT, CMAT, XAT, MAT, MAHCET.
  • The total fee for MBA colleges in Mumbai ranges from INR 5,000 to INR 38.35 Lakhs, depending upon the college.
  • MBA colleges in Mumbai with low fees include Hansraj Jivandas College of Education Mumbai, National Academy of Management Studies Mumbai, Indian School of Management & Studies Mumbai, Garware Institute of Career Education and Development Mumbai, Mumbai University, Kaizen School of Business Management Mumbai, National Institute of Management Mumbai, Xaviers Institute of Business Management Studies Mumbai, Indian Institute of Business Management and Studies Mumbai, Sahyadri Institute of Management & Research Mumbai.
  • Based on the latest placement statistics, the average package at top MBA colleges in Mumbai ranges from INR 28 KPA to INR 60.87 LPA.

Table of Content

  1. Top MBA Colleges in Mumbai Highlights
  2. Top MBA Colleges in Mumbai 2025
  3. Top MBA Colleges in Mumbai Rankings
  4. Top MBA Government Colleges in Mumbai 2025
  5. Top MBA Private Colleges in Mumbai 2025
  6. Top MBA Colleges in Mumbai: Admission 2025
  7. Top Specialisations offered by MBA Colleges in Mumbai 2025
  8. Top MBA Colleges in Mumbai with Low Fees 2025
  9. Top MBA Colleges Near Mumbai 2025

Top MBA Colleges in Mumbai Highlights

Details Statistics
Total Colleges 135
Number of Govt Colleges 8
Number of Private Colleges 119
Top MBA College SPJIMR , NMIMS Mumbai , JBIMS Mumbai , KJSIM , Wellingkar Mumbai
Top MBA Specialisations General, Finance, Marketing, Human Resources Management, Operations Management
Total Fees Range -
Average/Median Package INR 28 KPA (Thakur Institute of Aviation Mumbai) - INR 60.87 LPA (Hult International Business School Mumbai)
Highest Package INR 50 KPA(NIFD Borivali Mumbai) - INR 3.67 CrPA (IIT Bombay)
Major Accepted Entrance Exam CAT, CMAT, XAT, MAT, MAHCET

Top MBA Colleges in Mumbai 2025

The following table highlights the list of the top 10 MBA Colleges in Mumbai along with total course fees.

College Name Locality Total Fees (INR)
SPJIMR Munshi Nagar, Dadabhai Road, Andheri(W), 0
NMIMS Mumbai V.L. Mehta Road, Vile Parle (W) 0
JBIMS Mumbai H.T. Parekh Marg, Backbay Reclamation, Churchgate, 0
KJSIM Vidyanagar, Vidyavihar 0
Wellingkar Mumbai Matunga 0
NL Dalmia Institute - 0
Amity Business School Mumbai - 9.44 Lakhs
Vivekanand Business School Mumbai - 0
Alkesh Dinesh Mody Institute for Financial and Management Studies Mumbai - 0
Chetana's Institute of Management and Research Mumbai New Bldg. Survey No. 341, Govt. Colony, Bandra- East, 0

Top MBA Colleges in Mumbai: Rankings

College Name Ranking
SPJIMR
2 out of 119 in India in 2025 (Outlook)
2 out of 119 in India in 2021 (Outlook)
2 out of 155 in India in 2020 (Outlook)
NMIMS Mumbai
4 out of 119 in India in 2025 (Outlook)
4 out of 119 in India in 2021 (Outlook)
4 out of 155 in India in 2020 (Outlook)
JBIMS Mumbai
10 out of 25 in India in 2024 (Outlook)
10 out of 24 in India in 2023 (Outlook)
12 out of 26 in India in 2022 (Outlook)
KJSIM
12 out of 200 in India in 2024 (Outlook)
24 out of 155 in India in 2020 (Outlook)
55 out of 608 in India in 2024 (Collegedunia.com)
Wellingkar Mumbai
21 out of 119 in India in 2025 (Outlook)
17 out of 200 in India in 2024 (Outlook)
16 out of 200 in India in 2023 (Outlook)
NL Dalmia Institute
35 out of 119 in India in 2025 (Outlook)
25 out of 200 in India in 2024 (Outlook)
25 out of 200 in India in 2023 (Outlook)
Amity Business School Mumbai
12 out of 36 in India in 2023 (The Times Of India)
11 out of 25 in India in 2022 (The Times Of India)
49 out of 100 in India in 2021 (The Times Of India)
Vivekanand Business School Mumbai
68 out of 200 in India in 2024 (Outlook)
68 out of 200 in India in 2023 (Outlook)
78 out of 120 in India in 2022 (Outlook)
Alkesh Dinesh Mody Institute for Financial and Management Studies Mumbai
153 out of 200 in India in 2024 (Outlook)
257 out of 608 in India in 2024 (Collegedunia.com)
17 out of 21 in India in 2023 (The Week)
Chetana's Institute of Management and Research Mumbai
69 out of 119 in India in 2025 (Outlook)
125 out of 200 in India in 2024 (Outlook)
128 out of 200 in India in 2023 (Outlook)

Top MBA Government Colleges in Mumbai 2025

College Name Locality Total Fees (INR)
IIT Bombay Powai 8.48 Lakhs
IIM Mumbai Near Vihar Lake, 0
SJMSOM IIT Bombay, Powai, 14.27 Lakhs
Mumbai University M.G. Road, Fort 0
SNDT Nathibai Thavkersey Road, New Marine Lines 2.03 Lakhs
Hansraj Jivandas College of Education Mumbai Dr. Madhuri Shah Campus, Gujarat Research Society, Khar (West) 0
Vikas Night College of Arts Science and Commerce Mumbai Kannamwar Nagar 2, Vikhroli (East), 0
Sasmira The Synthetic and Art Silk Mill's Research Association Mumbai Sasmira Marg, Annie Besant Road, Worli 0

Top MBA Private Colleges in Mumbai 2025

College Name Locality Total Fees (INR)
SPJIMR Munshi Nagar, Dadabhai Road, Andheri(W), 0
NMIMS Mumbai V.L. Mehta Road, Vile Parle (W) 0
JBIMS Mumbai H.T. Parekh Marg, Backbay Reclamation, Churchgate, 0
KJSIM Vidyanagar, Vidyavihar 0
Wellingkar Mumbai Matunga 0
NL Dalmia Institute - 0
Amity Business School Mumbai - 9.44 Lakhs
Vivekanand Business School Mumbai - 0
Alkesh Dinesh Mody Institute for Financial and Management Studies Mumbai - 0
Chetana's Institute of Management and Research Mumbai New Bldg. Survey No. 341, Govt. Colony, Bandra- East, 0

Top MBA Colleges in Mumbai: Admission 2025

Admission to top MBA Colleges in Mumbai is offered based on CAT, CMAT, XAT, MAT, MAHCET.

Exam Name Number of Colleges Dates
CAT 46
CMAT 43
(6 May 2025)
XAT 39
MAT 38
MAHCET 37

Top Specialisations offered by MBA Colleges in Mumbai 2025

General is the most popular field offered by MBA colleges in Mumbai. the other popular specializations offered are Financeand Marketingand Human Resources Management, offered by 37, 35, 32, colleges respectively. The table below shows the list of the top specializations offered by MBA Colleges in Mumbai.

Top MBA General Colleges in Mumbai

College Name Locality Total Fees (INR)
SPJIMR Munshi Nagar, Dadabhai Road, Andheri(W), 0
NMIMS Mumbai V.L. Mehta Road, Vile Parle (W) 0
KJSIM Vidyanagar, Vidyavihar 0
Wellingkar Mumbai Matunga 0
NL Dalmia Institute - 0

Top MBA Finance Colleges in Mumbai

College Name Locality Total Fees (INR)
Wellingkar Mumbai Matunga 0
NL Dalmia Institute - 0
Alkesh Dinesh Mody Institute for Financial and Management Studies Mumbai - 0
SJMSOM IIT Bombay, Powai, 14.27 Lakhs
Aditya Institute of Management Studies and Research Mumbai Ram Nagar, Near Kora kendra Ground, Borivili West, 0

Top MBA Marketing Colleges in Mumbai

College Name Locality Total Fees (INR)
Wellingkar Mumbai Matunga 0
Vivekanand Business School Mumbai - 0
Chetana's Institute of Management and Research Mumbai New Bldg. Survey No. 341, Govt. Colony, Bandra- East, 0
Aditya Institute of Management Studies and Research Mumbai Ram Nagar, Near Kora kendra Ground, Borivili West, 0
Kohinoor Business School Mumbai Kohinoor Educational Complex, Kohinoor City, Kirol Road, Off LBS Marg, Kurla 0

Top MBA Colleges in Mumbai with Low Fees 2025

Hansraj Jivandas College of Education Mumbai has the lowest fees for MBA in Mumbai with total course fees of INR 0. The table below shows top 10 MBA colleges in Mumbai with the lowest fees.

Top MBA Colleges Near Mumbai 2025

Besides 135 MBA Colleges Near Mumbai, there are multiple other colleges within 100 km of the city. We have listed the best MBA colleges near Mumbai with their fees in the table below.

College Name Area Distance From Mumbai Course Fees
ITM Navi Mumbai #25 & 26, Institutional Area, Sector 4, Kharghar(E) 16.67 Km 0
Institute of Business Studies and Research Navi Mumbai Thapar Complex, Sector - 15, CBD Belapur, 16.67 Km 0
DY Patil University Navi Mumbai Sector- 15, Plot No. 50, C.B.D. Belapur, Navi 16.67 Km 0
Regenesys Business School Navi Mumbai - 16.67 Km 0
NMIMS Navi Mumbai - 16.67 Km 0

Sub Stream
Program Type
Type Of College
Entrance/Exam Accepted
Avg Fee Per Year
Course Type
Agency
Affliation
Course Duration
College Category
Gender Accepted

Found 134 colleges

Sort By
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#1

SP Jain [SPJIMR], Mumbai

Mumbai, Maharashtra 
22,50,000MBA/PGDM- total fees----#2nd/119 in India 2025
#2

Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University], Mumbai

Mumbai, Maharashtra 
12,50,000MBA/PGDM- 1st Year Fees----#4th/119 in India 2025
#3

JBIMS Mumbai, Mumbai

Mumbai, Maharashtra 
3,50,000MBA/PGDM- 1st Year Fees----#10th/25 in India 2024
#4

KJ Somaiya Institute of Management, Mumbai

Mumbai, Maharashtra 
10,77,200MBA/PGDM- 1st Year FeesCompare Fees#12th/200 in India 2024
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#5

Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai

Mumbai, Maharashtra 
7,04,000MBA/PGDM- 1st Year Fees#21th/119 in India 2025
#6
8,25,000MBA/PGDM- 1st Year Fees----#35th/119 in India 2025
#7
4,72,000MBA/PGDM- 1st Year Fees------
#8
5,20,000MBA/PGDM- 1st Year Fees----#68th/200 in India 2024
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#9
--MBA/PGDM----#153th/200 in India 2024
#10

Chetana's Institute of Management and Research - [CIMR], Mumbai

Mumbai, Maharashtra 
3,85,000MBA/PGDM- 1st Year Fees----#69th/119 in India 2025
#11
4,60,000MBA/PGDM- 1st Year Fees----#85th/119 in India 2025
#12
1,33,735MBA/PGDM- 1st Year Fees----#144th/200 in India 2024
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#13
5,70,000MBA/PGDM- 1st Year Fees----#100th/119 in India 2025
#14

School of Business Management, NMIMS University - [SBM NMIMS], Mumbai

Mumbai, Maharashtra 
11,95,000MBA/PGDM- 1st Year Fees----#20th/608 in India 2024
#15
3,94,000MBA/PGDM- 1st Year Fees#26th/100 in India 2024
#16
6,03,000MBA/PGDM- 1st Year Fees----#33th/100 in India 2024
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#17

IIT Bombay - Indian Institute of Technology - [IITB], Mumbai

Mumbai, Maharashtra 
CD Score: 4/10
NAAC A+
4,33,350MBA/PGDM- 1st Year FeesCompare Fees
Placement Score: 12/5
#11th/125 in India 2022
agency logoagency logoagency logo+ 10 More
#18

IIM Mumbai - Indian Institute of Management, Mumbai

Mumbai, Maharashtra 
21,00,000MBA/PGDM- total fees----#8th/46 in India 2024
#19
1,00,000MBA/PGDM- total feesCompare Fees#15th/608 in India 2024
#20

Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai

Mumbai, Maharashtra 
7,17,650MBA/PGDM- 1st Year Fees----#10th/46 in India 2024
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#21
--MBA/PGDM------
#22

SIES School of Business Studies - [SIES SBS], Mumbai

Mumbai, Maharashtra 
4,00,000MBA/PGDM- 1st Year Fees----#55th/119 in India 2025
#23
1,40,000MBA/PGDM- 1st Year Fees----#51th/100 in India 2024
#24

Kohinoor Business School - [KBS], Mumbai

Mumbai, Maharashtra 
7,00,000MBA/PGDM- total fees#61th/100 in India 2024
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#25
2,46,000MBA/PGDM- 1st Year Fees----#36th/100 in India 2024
#26
1,00,000MBA/PGDM- total fees------
#27
4,72,000MBA/PGDM- 1st Year Fees----#108th/608 in India 2024
#28

Mumbai University - [MU], Mumbai

Mumbai, Maharashtra 
3,65,680MBA/PGDM- 1st Year FeesCompare Fees 3.1 / 5 Based on 6 User
Reviews
Best in Academics
--
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#29

Guru Nanak Institute of Management Studies - [GNIMS], Mumbai

Mumbai, Maharashtra 
6,59,400MBA/PGDM- total fees----#424th/608 in India 2024
#30
--MBA/PGDM------