MBA Colleges in Mumbai | List of Colleges in Mumbai, Specialisations Offered

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.

In this Article:

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

  • Shailesh J. Mehta School of Management, IIT Bombay
  • National Institute of Industrial Engineering
  • SPJIMR – S.P. Jain Institute of Management and Research
  • SIMSREE – Sydenham Institute of Management Studies Research and Entrepreneurship Education
  • GNIMS Business School
  • SDA Bocconi Asia Center
  • Xavier Institute of Management and Research
  • VIT – Vidyalankar Institute of Technology
  • SIES College of Management Studies
  • ITM Business School, Navi Mumbai
  • Vidyalankar School of Business
  • K J Somaiya Institute of Management
  • Bharati Vidyapeeth Institute of Management Studies and Research
  • Lala Lajpatrai Institute of Management (LLIM)
  • Rizvi Institute of Management Studies and Research
  • Vivekanand Business School
  • J. S. Kothari Business School
  • Chetana’s Ramprasad Khandelwal Institute of Management and Research
  • BITS School of Management (BITSoM)
  • GNVS Institute of Management
  • SRBS – Sheila Raheja School of Business Management & Research
  • ICFAI Business School (IBS), Mumbai
  • University of Mumbai
  • Durgadevi Saraf Institute of Management Studies
  • S. P. Jain School of Global Management
  • National Institute of Management and Research Studies
  • IES’s Management College and Research Centre
  • Indian Institute of Management- Mumbai Campus
  • Indira Institute of Business Management
  • Universal Business School

CMAT

  • Xavier Institute of Management and Research
  • VIT – Vidyalankar Institute of Technology
  • Bharati Vidyapeeth Institute of Management Studies and Research
  • Lala Lajpatrai Institute of Management (LLIM)
  • J S Kothari Business School
  • Rizvi Institute of Management Studies and Research
  • Chetana’s Ramprasad Khandelwal Institute of Management and Research
  • GNVS Institute of Management
  • SRBS – Sheila Raheja School of Business Management & Research
  • Vivekanand Business School
  • IES’s Management College and Research Centre
  • Indira Institute of Business Management
  • Kohinoor Management School
  • Universal Business School
  • St. Francis Institute of Management and Research
  • ASM’s Institute of Management and Computer Studies
  • Mumbai Institute of Management and Research (MIMR)
  • Jagdish Sheth School of Management (Formerly IFIM Business School), Vijaybhoomi University
  • MET Asian Management Development Centre
  • Maratha Mandir’s Babasaheb Gawde Institute of Management Studies
  • Parle Tilak Vidyalaya Association’s Institute of Management – PTVAIM
  • Chhatrapati Shivaji Maharaj University
  • Jankidevi Bajaj Institute of Management Studies – JDBIMS
  • AIMSR – Aditya Institute of Management Studies and Research
  • K.C.College of Engineering and Management Studies and Research

NMAT

  • SDA Bocconi Asia Center
  • K J Somaiya Institute of Management
  • Athena School of Management
  • Jagdish Sheth School of Management (Formerly IFIM Business School), Vijaybhoomi University
  • ITM Business School, Navi Mumbai
  • Center of Excellence in Analytics and Data Science
  • Pillai Institute of Management Studies and Research
  • RICS School of Built Environment, Amity University, Mumbai
  • Valia School of Management
  • ICFAI Business School (IBS), Mumbai
  • Dr. Mar Theophilus Institute of Management Studies

XAT

  • Sydenham Institute of Management Studies Research and Entrepreneurship Education
  • Xavier Institute of Management and Research
  • VIT – Vidyalankar Institute of Technology
  • SIES College of Management Studies
  • K J Somaiya Institute of Management
  • GNVS Institute of Management
  • St. Francis Institute of Management and Research
  • Parle Tilak Vidyalaya Association’s Institute of Management
  • Jankidevi Bajaj Institute of Management Studies – JDBIMS
  • K.C.College of Engineering and Management Studies and Research
  • Thakur Global Business School
  • Jagdish Sheth School of Management (Formerly IFIM Business School), Vijaybhoomi University
  • Deviprasad Goenka Management College of Media Studies
  • H.K. Institute of Management Studies and Research
  • Shivajirao S. Jondhale Institute of Management Science and Research
  • S.A.V Acharya Institute of Management Studies
  • Sasmira’s Institute of Management Studies and Research

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.