Mumbai is the capital of Maharashtra and the world’s sixth most populous metropolitan area. By incorporating the most cutting-edge technologies from around the world, this city is changing its education systems. Mumbai attracts students from all around the country as the city is considered as India’s financial, economic, and entertainment hub; there are a plethora of opportunities for management aspirants. Quality management colleges are located around the city and are equipped with cutting-edge educational infrastructure. Famous management institutes such as Narsee Monjee Institute of Management Studies (NMIMS), S. P. Jain Institute of Management and Research, Jamnalal Bajaj Institute of Management Studies (JBIMS), Tata Institute of Social Sciences (TISS), and others are located here. Please refer BYJU’S CAT College Predictor tool.
In this Article:
- Top 25 MBA Colleges in Mumbai
- List of Other MBA Colleges in Mumbai
- List of Top MBA Specialisations in Mumbai
- List of MBA Colleges in Mumbai According to Rankings:
- List of Colleges Accepting CAT, MAT, XAT, CMAT and NMAT
- Top Reasons to Pursue MBA from Mumbai
The Mumbai University, one of India’s oldest universities, is located in Mumbai. Major investment firms and the commercial establishments of several Indian and multinational organisations are located in the city, ensuring exceptional placements. Mumbai has been one of the top attractions for pursuing an MBA degree due to the presence of multiple top MBA colleges. The best colleges in Mumbai assist students in developing academic and management abilities as well as providing outstanding professional chances. Majority of the MBA colleges in Mumbai accept the CAT Exam scores and scores of other national and state level examinations. The following list of MBA colleges in Mumbai is provided to assist MBA aspirants in learning about the finest institutions. It should be noted that all of the institutes described below are excellent, and the rankings may not reflect this fact.
Top 25 MBA Colleges in Mumbai:
Several renowned management institutions are located in Mumbai. The best colleges in Mumbai assist students in developing academic and management abilities as well as providing outstanding professional opportunities. The table below provides an overview of the best MBA colleges in Mumbai listed in no specific order.
Name of the Institution |
Entrance Exam Accepted |
Fees |
Shailesh J. Mehta School of Management, IIT Bombay |
CAT |
₹8.27 L – 15.21 |
National Institute of Industrial Engineering |
CAT, GATE |
Not Prescribed |
S.P. Jain Institute of Management and Research |
CAT, GMAT |
₹17.5 L |
Sydenham Institute of Management Studies Research and Entrepreneurship Education |
CMAT, CAT |
₹69 K |
ITM Business School |
MAH CET, CMAT, CAT |
₹10.45 L |
SDA Bocconi Asia Center |
CAT/NMAT |
₹18.6 L |
Xavier Institute of Management and Research |
MAH CET, CMAT |
₹5.2 L |
JBIMS – Jamnalal Bajaj Institute of Management Studies |
– |
₹7 L |
VIT – Vidyalankar Institute of Technology |
MAH CET, CMAT |
₹3.07 L |
School of Management, D.Y. Patil University |
CAT/NMAT |
₹8.4 L |
Vivekanand Business School |
MAH CET, CMAT |
₹8 L |
NMIMS Deemed to be University – Navi Mumbai Campus |
NMAT, NPAT |
₹15.07 L – 16.54 |
SIES College of Management Studies |
CMAT, CAT |
₹5.2 L – 7 L |
K. J. Somaiya Institute of Management |
CMAT, CAT |
₹18.78 L |
Bharati Vidyapeeth Institute of Management Studies and Research |
MAH CET, CAT |
₹4 L |
TISS – Tata Institute of Social Sciences, Mumbai |
CAT/NMAT/ATMA |
₹40.6 L |
Vidyalankar School of Business |
– |
₹6.5 L |
NMIMS School of Business Management, Mumbai |
– |
₹12.05 L – 14.05 L |
GNVS Institute of Management |
MAH CET, CMAT |
₹3.5 L ₹ |
BITS School of Management (BITSoM) |
CAT, GMAT |
₹24.5 L |
Welingkar Institute of Management |
– |
₹94.4 K |
Chetana’s Ramprasad Khandelwal Institute of Management and Research |
MAH CET, CMAT |
₹4 L |
National Institute of Management and Research Studies |
MAH CET, CMAT |
₹5 L |
GNIMS Business School |
CAT/NMAT |
₹6.8 L – 7 L |
Lala Lajpatrai Institute of Management (LLIM) |
MAH CET, CMAT |
₹3.2 L |
Amity University, Mumbai |
– |
₹5 L – 12 L |
List of Other MBA Colleges in Mumbai:
Mumbai has been one of the most popular destinations for various MBA courses due to the presence of multiple top MBA colleges. The following list of MBA colleges in Mumbai is provided to assist MBA aspirants in learning about the finest institutions. The following table provides the list of colleges in Mumbai
Name of the College |
Entrance Exam |
Amity Global Business School, Mumbai |
No Exam |
Parle Tilak Vidyalaya Association’s Institute of Management |
MAH CET, CMAT |
Sinhgad Institute of Business Management |
MAH CET, CMAT |
SP Jain School of Global Management |
CAT, GMAT |
Durgadevi Saraf Institute of Management Studies |
MAH CET, CMAT |
NiDT Professionals, Andheri |
MAH CET, CMAT |
K.C.College of Engineering and Management Studies and Research |
MAH CET, CMAT |
WLC College India, Mumbai |
WLCI Aptitude Test |
Atharva School of Business |
CAT |
ICOFP Mumbai – International College of Financial Planning |
CAT, MAT |
Fr. C. Rodrigues Institute of management Studies |
MAH CET, CMAT |
Jankidevi Bajaj Institute of Management Studies – JDBIMS |
MAH CET, CMAT |
S.A.V Acharya Institute of Management Studies |
MAH CET, CMAT |
Atharva School of Business |
CMAT/MAH CET/CAT/MAT/XAT/AMMI/ATMA |
Dr. Mar Theophilus Institute of Management Studies |
MAH CET CMAT |
St. Francis Institute of Management and Research |
MAH CET, CMAT |
International School of Management and Technology, Borivali (W) |
CAT, MAT |
Swayam Siddhi College of Management and Research (SSCMR) |
MAH CET, CMAT |
Indian Institute of Management, Indore – Mumbai Campus |
CAT |
ASM’s Institute of Management and Computer Studies |
MAH CET,CMAT |
Deviprasad Goenka Management College of Media Studies |
MAH CET,CMAT |
Terna Engineering College |
GMAT/CAT/MAT/CMAT/XAT |
Pillai Institute of Management Studies and Research |
CMAT, CAT |
Universal Business School |
MAH CET, CMAT |
Matoshri Ushatai Jadhav Institute of Management Studies and Research Centre |
MAHCET, CMAT |
Chhatrapati Shivaji Maharaj University |
MAH CET, CMAT |
SGSJK’s Aruna Manharlal Shah Institute of Management andResearch(AMSIMR,Mumbai) |
MAH CET, CMAT |
Shivajirao S. Jondhle Institute of Management Science and Research |
MAH CET, CMAT |
Rustomjee Business School |
MAH CET, CMAT |
Don Bosco Institute Of Management Studies And Research |
CMAT, CAT |
Maratha Mandir’s Babasaheb Gawde Institute of Management Studies |
MAH CET, CMAT |
Sinhgad Institutes – Sinhgad Management Institutes |
MAH CET, CMAT |
University of Mumbai [MU] |
MAH CET, CMAT |
Terna Global Business School |
CMAT, CAT |
Athena School of Management |
NMAT,MAH CET, CMAT |
Uma Krishna Shetty Institute of Management Studies and Research |
MAH CET, CMAT |
RICS School of Built Environment, Amity University, Mumbai |
CAT, MAT |
Mahavir Education Trust’s Shah and Anchor Kutchhi Engineering College(SAKEC) |
MAHCET, CMAT |
Rajaram Shinde College of Engineering, Mandar Education Society |
MAH CET, CMAT |
Dr. G.D. Pol Foundation’s YMT College of Management |
MAH CET, CMAT |
Mumbai Institute of Management and Research (MIMR) |
MAH CET, CMAT |
National Stock Exchange (NSE) |
|
Harkisan Mehta Institute of Media, Research and Analysis |
MAH CET, CMAT |
Akademia School of Business Studies |
CMAT, CAT |
Regenesys Business School |
GMAT |
H.K. Institute of Management Studies and Research |
MAH CET, CMAT |
List of Top MBA Specialisations in Mumbai:
MBA in Marketing Management
- The marketing sector has seen great advancement as a result of the rise of social platforms, digital streaming, and e-commerce. Executives that understand how to connect marketing strategy with the rapidly changing global arena are considered important by organizations.Students learn advanced marketing fundamentals such as content marketing, buyer behaviour, communication, and other elements of the industry. Learners will get a complete overview of product marketing theoretical foundations and how they are utilised in a variety of situations.
- Everything from brand awareness to concept development, promotion to transportation, almost everything in between is covered by marketing. Marketing is required in every industry, including banking, entertainment, academia, retailing, communication, agriculture, and administration.
- Organisations must use marketing to communicate with the general public about their services and products. Marketing managers create and implement a structure that covers the entire life cycle of a company’s product — from idea to implementation.
- The Master of Business Administration degree is designed to provide students with a variety of analytical abilities, the capacity to better appraise ongoing and prospective commercial prospects, and the motivation to develop methodologies to accomplish these goals.
- Marketing is critical to understanding the demands of various groups of people in various locations throughout the world. This programme is designed to prepare you for management jobs that need a deep grasp of marketing and its critical function within your company. Candidates with a MBA specialisation in marketing will have a good base in marketing, purchasing behaviours, market analysis, globalisation, and brand management.
Brand Manager |
Marketing Manager |
Digital Marketing Expert |
Sales Manager |
Business Development Head |
Media Manager |
Product Manager |
Asset Manager |
MBA in Financial Management
- Graduates with an MBA in Finance are sought in a broad range of sectors where goods and services are exchanged. To enhance effective financial business choices in a continuously evolving commercial setting, you’ll need financial decision-making skills and be equipped with the knowledge on latest tools and techniques.
- An MBA in finance is a piece of cake for you if you have a background in accounting and a great command of numbers. You’ll gain the necessary competencies to acquire data, determine financial earnings and predict future risks
- This program will work towards developing skills needed for financial management while also providing you with in-depth insights into the challenges financial managers face. Whatever sector of accountancy you may choose to operate in, the fundamental professional focus ensures that the abilities and understanding you acquire are indeed very pertinent towards the profession. The program will prepare you for a multitude of distinct positions.
- The global economy has changed a lot in recent years, and these circumstances have radically transformed the impact of financial management. International finance accounting and reporting, corporate finance, financial management, global finance, risk mitigation, and planning are some of the topics covered in this course. The course prepares financial managers with the administrative qualities as well as the aptitude to use technical knowledge and skills.
- The course integrates principles and methods in areas such as financial analysis, private equity, asset management, equity returns, contracts, hedge funds, private equity, big data analysis, investment banking, and fintech, developing the fundamentals of capital budgeting and investment planning.
Accounting Manager |
Treasurer |
Risk Analyst |
Investment Banking Specialist |
Credit Managers |
Equity Analyst |
Financial Consultant |
Corporate Controller |
MBA in Human Resource Management
- A Human Resources Management degree focuses on the management and administration of organisations, including workforce planning, talent acquisition, turnover of employees, training and development, industrial relations etc.
- It is designed for professionals who wish to progress their careers by improving their leadership and management skills as well as their interest in Human Resource Management.
- Human Resource Management equips you with the theoretical and practical skills needed to align the workforce with organisational objectives, resulting in organisational success.
- This degree will equip you with the business abilities and provide you with the knowledge you need to advance in any organisation.
- This MBA in Human Resource Management will prepare you to advance your career in areas such as career progression, employee engagement etc. You’ll get the knowledge and abilities you need to become versatile and well-versed in management techniques.
Human Resource Manager |
Payroll Specialist |
On-boarding Manager |
Compensation Manager |
Human Resource Analyst |
Employee Relations Manager |
HR – Trainee |
HR – Generalist |
MBA in International Business
An MBA in International Business Management is specifically created for students who want to break into the global business sector. The discipline offers the best pay for managerial positions as well as the opportunity to work in an international setting. This globally recognised degree has been updated to reflect the changing nature of business and the worldwide problems that business leaders face. This specialty also equips you with the necessary administrative, marketing, financial, advertising, accounting, organisational, economics, communications, and management skills required to face the challenges in the international business environment
- This degree will provide you with a business internship opportunity as well as the opportunity to learn more about international trade legislation, cross-cultural connections, cross-border operations, multicultural marketing, and international intellectual property protection etc.
International Sales Manager |
Global Commodity Manager |
Marketing Coordinator |
Purchasing Coordinator |
Global Product Manager |
International Logistic and Supply Chain Manager |
Product Marketer |
Trade Specialist |
MBA in Logistics Management
- The MBA in Logistics and Supply Chain Management programme is designed to give students a technical understanding of Supply Chain Management from a worldwide perspective, with a concentration on Operations and Logistics.
- Among the various business domains covered by the Logistics Management curriculum are logistics and shipping services, corporate supply and chain management, the e-commerce industry, and many more fast-growing industries.
- Logistics is a major department in many industrial and business fields that assures the orderly flow of resources, services, money, and items from point of origin to point of consumption. The course covers topics such as inventory control, procurement, customs rules, transportation, foreign exchange, international trade, purchasing, materials management, supply-chain management, and information technology, as well as material handling, freight forwarding, and client service.
Procurement Manager |
Traffic Manager |
Logistics Executive |
Purchase Executive |
Supply Chain Manager |
Client Support Manager |
MBA in Business Analytics & Big Data
- It’s no surprise that the world we live in is changing due to advances in technology and the obliteration of traditional banking practices. The MBA with a Master of Analytics and Big Data is a complementary combination that allows you to refine your talents and broaden your horizons while learning how to recognise, acquire, assess, interpret, and manage data in order to create revenue and enhance competitiveness
- An MBA with a Business Analytics Concentration is for students who want to improve their analytical skills in order to make data-driven strategic decisions. Across a variety of management disciplines and activities, this comprehensive and rigorous programme covers the most up-to-date approaches for transforming data into usable information.
- It equips students with the knowledge and specialised analytical abilities that employers in IT, marketing, operations, and consulting are currently seeking. Across a number of management disciplines and activities, the broad and intensive programme covers the most up-to-date methods of translating data into valuable information for decision-makers.
- A master’s degree in business analytics can help you prepare for high-demand jobs in data-driven companies. MBA in Business Analytics graduates will be able to combat complex business problems using business analytics approaches and technologies.
Business Intelligence Analyst |
Cost Analyst |
Market Research Analyst |
Big Data Engineer |
Financial Analyst |
Marketing Analytics Manager |
Information Security Analyst |
Data Scientist |
MBA in Entrepreneurship
- An MBA in Entrepreneurship is developed specifically for people who want to start their own business. Employers are increasingly searching for entrepreneurial and innovation skills in their employees who wish to take advantage of new opportunities.This specialisation is for those who desire to take over their family’s business or lead an entrepreneurial team in a company that has just launched a new venture and require professional training in areas such as entrepreneurial finance, attitude, and administration.
- Graduates from any discipline who have a business idea and want to establish their business as soon as possible can benefit from the programme. It will provide you with a broad understanding of organisational difficulties as well as the capacity to assess the likely outcomes of complex or challenging situations in a number of scenarios.
- The MBA in Entrepreneurship also covers the key principles of innovation management and their usefulness in building a sustainable competitive advantage that leads to organisational success.
Business Consultant |
Company CEO |
Entrepreneurial department head |
Corporate Manager |
New Venture Developer |
Corporate Supervisor |
List of MBA Colleges in Mumbai According to Rankings:
Rank |
Name of the Institution |
Ranking Organisation |
82 |
GNVS Institute of Management |
Times |
23 |
Jagdish Sheth School of Management |
Times |
115 |
Bharati Vidyapeeth Institute of Management Studies and Research |
Business Today |
10 |
Shailesh J. Mehta School of Management, IIT Bombay |
NIRF |
12 |
National Institute of Industrial EngineeringCATGATE ₹12.53 L – 14.63 L# |
NIRF |
19 |
S.P. Jain Institute of Management and Research |
NIRF |
56 |
K. J. Somaiya Institute of Management |
NIRF |
72 |
Welingkar Institute of Management |
NIRF |
107 |
Chetana’s Ramprasad Khandelwal Institute of Management and Research |
The Week |
74 |
Lala Lajpatrai Institute of Management |
Times |
List of Colleges Accepting CAT, MAT, XAT, CMAT, and NMAT
CAT |
|
CMAT |
|
NMAT |
|
XAT |
|
Top Reasons to Pursue MBA From Mumbai
Mumbai has always been the epicentre of innovation, technology and an educational hub which attracts a larger number of students and working professionals to pursue their education and kickstart their career. It is home to flourishing businesses in a large number of domains like manufacturing, retail, finance, IT, real-estate etc. Lets see the top reasons on why Mumbai is the best city for management education
- Safe City to Learn From: Mumbai, one of the most technologically developed cities, ranks among the top in the list of safest cities in India – especially for working women and students who pursue education.
- Better Placements from the Financial Hub: Mumbai is India’s financial and commercial capital. Mumbai is also well known for trade and commerce. The chances of placements are higher in Mumbai as well as students get hands-on experience and gain a lot of knowledge through industry internships and industrial visits. Another added advantage is that colleges are in the close vicinity of a number of industries.
- A renowned Centre of Excellence for Education: Besides being a commercial centre and one of the best places to begin business, Mumbai is also considered as one of the best cities for education. Students from all over the country flock to Mumbai to pursue their higher studies. There are a large number of universities and colleges offering quality education. Student accommodation is also available to suit every budget.
- Quality Standard of Life: The cost of living in Mumbai is fair and the prices of accommodation and hostels are generally low. In a survey conducted by IIT-B, Mumbai was the highest ranked city for economic development and environmental impact. Mumbai is known for its excellent commuting facilities. The important parts of the city are connected by trains and bus facilities. There are frequent bus, auto rickshaw facilities that are available round the clock.