Mumbai is a hub for some of the country’s top MBA programs. With its dynamic corporate ecosystem and proximity to major industries, the city offers unparalleled exposure to real- world business scenarios. These Top MBA colleges in Mumbai are known for their rigorous academic curriculum, experienced faculty and extensive industry connections.
Here are the Top MBA Colleges in Mumbai:
- K J Somaiya Institute of Management
- S. P. Jain Institute of Management and Research
- Jamnalal Bajaj Institute of Management Studies (JBIMS)
- NL Dalmia Institute of Management Studies and Research
- SIMSREE Mumbai
- Indian Institute of Technology, Bombay
- NMIMS University
- Indian Institute of Management Mumbai
Read the whole blog to know more about the Top MBA colleges in Mumbai. The blog also provides all the MBA aspirants each and every important details about the business colleges of Mumbai.
All about Top MBA colleges in Mumbai
Go through the section provided below to know more about the above mentioned colleges. The tables given below contain the important details about the Top MBA colleges in Mumbai such as their establishment, location, highest package, average package, top recruiters, fees, courses and ranking.
K J Somaiya Institute of Management
| Topic | Details |
| Established Year | 1981 |
| Location | Mumbai, Maharashtra |
| Ranking | 63 |
| Campus area | 60 acres |
| Student Faculty ratio | 1:24 |
| Courses offered | UG,PG, Doctoral |
| Entrance exam accepted | CAT,XAT,CMAT, GMAT,NMAT |
| Accreditation | AACSB |
Courses and Fees
| Courses | Fees |
| MBA/PGDM | Rs. 18.5 lakh |
| MCA | Rs. 6.33 lakh |
| Executive MBA/ PGDM | Rs. 9.54 lakh |
| Ph.D | Rs. 50,000 (1st year) |
Specialization Offered
- Healthcare Management
- Sports Management
- Working Executives
- Human Resources
- Finance
Placement
K J Somaiya Institute of Management has a strong and supportive placement cell that collaborates with leading companies to provide students with ample job opportunities.
- Highest Package: INR 28.25 LPA
- Average Package: INR 14.75 LPA
- Placement rate: 96%
- Top Recruiters: Amazon,EY, GSK, ICICI Bank, KPMG, Maruti, PwC, etc.
S. P. Jain Institute of Management and Research
| Topic | Details |
| Established Year | 1981 |
| Location | Mumbai, Maharashtra |
| Ranking | 20 |
| Campus area | 45 acres |
| Student Faculty ratio | 15:1 |
| Courses offered | UG,PG,Doctoral |
| Entrance exam accepted | CAT,XAT,GMAT,NMAT |
| Accreditation | NBA,AIU |
Courses and Fees
| Courses | Fees |
| MBA/PGDM | Rs. 24 lakh |
| Certificate | Rs. 17.1 lakh |
| PG Diploma | Rs. 11 lakh |
Specialization Offered
- Marketing
- Finance
- Operations and Supply Chain
- Information Management
Placement
S. P. Jain Institute of Management and Research has a strong and supportive placement cell that collaborates with leading companies to provide students with ample job opportunities.
- Highest Package: INR 67.50 LPA
- Average Package: INR 33 LPA
- Placement rate: 100%
- Top recruiters: Amazon, Axis Bank, Flipkart, Make My Trip, Nestle, Godrej, Philips,etc.
Jamnalal Bajaj Institute of Management Studies (JBIMS)
| Topic | Details |
| Established Year | 1965 |
| Location | Mumbai, Maharashtra |
| Campus area | 0.45 acres |
| Courses offered | UG,Doctoral |
| Entrance exam accepted | CAT, CMAT |
| Affiliation | University of Mumbai |
| Accreditation | AICTE |
Courses and Fees
| Courses | Fees (1st year) |
| MHRD | Rs. 3.5 lakh |
| M.Sc | Rs. 3 lakh |
| Ph.D | Rs. 17,680 |
| MMS | Rs. 3 lakh |
Specialization Offered
- Finance
- Marketing
- Operations and Supply Chain Management
- Human Resources
Placement
Jamnalal Bajaj Institute of Management Studies (JBIMS) has a strong and supportive placement cell that collaborates with leading companies to provide students with ample job opportunities.
- Highest Package: INR 87.12 LPA
- Average Package: INR 26.12 LPA
- Placement rate: 100%
- Top recruiters: Bajaj, DBS, HSBC, EY, KPMG, Accenture, Asian Paints, etc.
NL Dalmia Institute of Management Studies and Research
| Topic | Details |
| Established Year | 1995 |
| Location | Mumbai, Maharashtra |
| Student Faculty ratio | 4.28:1 |
| Courses offered | UG,PG, Doctoral |
| Entrance exam accepted | CAT,XAT,MAT,CMAT |
| Affiliation | University of Mumbai |
| Accreditation | NAAC,NBA,AICTE |
Courses and Fees
| Courses | Fees |
| MBA/PGDM | Rs. 16.2 lakh |
| Certificate | Rs. 20K |
Specialization Offered
- Financial Management
- Business Analytics
Placement
NL Dalmia Institute of Management Studies and Research has a strong and supportive placement cell that collaborates with leading companies to provide students with ample job opportunities.
- Highest Package: INR 17.20 LPA
- Average Package: INR 12.47 LPA
- Placement rate: 100%
- Top recruiters: HUL, KPMG, Amazon, JP Morgan, Aditya Birla Group,etc.
SIMSREE Mumbai
| Topic | Details |
| Established year | 1983 |
| Location | Mumbai, Maharashtra |
| Campus area | 1 acres |
| Courses Offered | PG,Doctoral |
| Entrance exam accepted | CAT,CMAT |
| Affiliation | University of Mumbai |
| Accreditation | AICTE |
Courses and Fees
| Courses | Fees |
| MBA/PGDM | Rs. 51 K |
| MMS | Rs. 69 K |
| Executive MBA/PGDM | Rs. 1.53 lakh |
| MIM | Rs. 1.53 lakh |
Specialization Offered
- Finance
- Marketing
- Human Resources
- Operations and System
Placement
SIMSREE Mumbai has a strong and supportive placement cell that collaborates with leading companies to provide students with ample job opportunities.
- Highest Package: INR 26.30 LPA
- Average Package: INR 15.19 LPA
- Placement Rate: 100%
- Top recruiters: Morgan Stanley, Deloitte, Google, KPMG, JP Morgan, Axis Bank, etc.
Indian Institute of Technology, Bombay
| Topic | Details |
| Established year | 1958 |
| Location | Mumbai, Maharashtra |
| Campus area | 545 acres |
| Courses Offered | UG,PG,Doctoral |
| Entrance exam accepted | CAT |
| Accreditation | UGC,AICTE |
Courses and Fees
| Courses | Fees |
| MBA | Rs. 4.33 lakh (per year) |
| B.Tech | Rs. 20 lakh |
| M.Tech | Rs. 10 lakh |
| M.Sc | Rs. 9.43 lakh |
Specialization Offered
- Marketing
- Human Resources
- Accounting and Finance
- International Business
Placement
Indian Institute of Technology, Bombay has a strong and supportive placement cell that collaborates with leading companies to provide students with ample job opportunities.
- Highest Package: INR 2.2 crore LPA
- Average Package: INR 23.5 LPA
- Placement rate: 100%
- Top recruiters: Amazon, Flipkart, IBM, Microsoft, Google, Apple, Intel, etc.
NMIMS University
| Topic | Details |
| Established year | 1981 |
| Location | Mumbai, Maharashtra |
| Campus area | 179 acres |
| Courses Offered | UG,PG,Doctoral |
| Entrance exam accepted | NMAT |
| Affiliation | University of Mumbai |
| Accreditation | NAAC,NBA |
Courses and Fees
| Courses | Fees |
| MBA/PGDM | Rs. 25 lakh |
| B.Sc | Rs. 10.05 lakh |
| M.Sc | Rs. 6.04 lakh |
Specialization Offered
- Human Resources
- Real Estate Management
- Healthcare Management
- Digital Transformation
- Business Analytics
Placement
NMIMS University has a strong and supportive placement cell that collaborates with leading companies to provide students with ample job opportunities.
- Highest Package: INR 67.70 LPA
- Average Package: INR 25.13 LPA
- Placement rate: 100%
- Top recruiters: Aditya Birla Capital, American Express, Accenture, ICICI Bank, IBM, etc.
Indian Institute of Management Mumbai
| Topic | Details |
| Established year | 1963 |
| Location | Mumbai, Maharashtra |
| Campus area | 67 acres |
| Courses Offered | UG,PG, Doctoral |
| Entrance exam accepted | CAT,GMAT |
| Accreditation | AICTE |
Courses and Fees
| Courses | Fees |
| MBA/PGDM | Rs. 14 lakh |
| PG Diploma | Rs.12.5 lakh |
| Executive MBA/PGDM | Rs. 15 lakh |
Specialization Offered
- Sustainability Management
- Operations and Supply Chain Management
Placement
Indian Institute of Management Mumbai has a strong and supportive placement cell that collaborates with leading companies to provide students with ample job opportunities.
- Highest Package: INR 54 LPA
- Average Package: INR 33.84 LPA
- Placement Rate: 90%
- Top recruiters: ITC, Aditya Birla Capital, PwC, Flipkart, Amazon, KPMG, etc.
Conclusion
Mumbai has a vibrant and multicultural environment further enriches the learning experience, making it a top destination for aspiring management professionals. These Top MBA colleges in Mumbai focus on fostering leadership, analytical thinking and innovation, preparing students for thriving careers in various domains like finance, marketing, operations and entrepreneurship.
Frequently Asked Questions (FAQs)
Is financial aid available at IIM Mumbai?
No, financial aid is not available for the program. Participants are expected to cover all tuition fees and related expenses, including food and accommodation expenses associated with the on-campus immersion programs.
Is K J Somaiya Institute of Management good for MBA?
Yes, K J Somaiya Institute of Management is considered a good choice for MBA.
Are there any scholarships provided to the students at K J Somaiya Institute of Management?
Yes, the university offers merit based scholarships to its students.
Does SP Jain (SPJIMR) have a hostel facility?
SP Jain (SPJIMR) ensures that its students get access to hostel facilities, where easy and comfortable living, blends with luxurious housing facilities.
How many seats are there in S P Jain MBA?
There are 240 seats for the PGDM program and 60 seats for PGDM -BM SP Jain.