Top MBA Colleges In Mumbai

With several top MBA institutes, Mumbai has become one most preferred destinations for different MBA courses. The top colleges in Mumbai help to build good academic and managerial skills and provide excellent career opportunities to the individuals.

Here the list of MBA colleges in Mumbai is given to help the MBA aspirants get acquainted with the best institutes. It should be noted that the institutes mentioned here are equally good and does not exactly reflect their rankings. MBA aspirants can also check top 50 MBA colleges in India to get an overall idea of the best B-schools in the country.

Listed Below are Some of the Best MBA Colleges in Mumbai:

Sr. No
Institute Name
Total Tuition Fee (Rs.)
Avg. Salary (lakh per annum)
1 National Institute of Industrial Engineering 8,10,000 12.5
2 Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management and Research 16,00,000 14,80,000
3 School of Business Management – NMIMS University, Mumbai 17,50,000 17,60,000
4 Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth Deemed University 3,50,000 3,80,000
5 K. J. Somaiya Institute of Management Studies and Research 12,00,000 8.3
6 Prin. L. N. Welingkar Institute of Management Development and Research 11,00,000 8
7 MIT School of Technology Management 5,50,000 4.2
8 Shailesh J. Mehta School of Management 8,30,000 9.51
9 Jamnalal Bajaj Institute of Management Studies 2,00,000 12.8
10 Symbiosis Institute of Business Management 15,50,000 9.0
11 Sydenham Institute of Management Studies and Research and Entrepreneurship Education (SIMSREE), Mumbai 1,50,000 10.04
12 Tata Institute of Social Science, TISS
13 ICFAI Business School 7,00,000 6.4
14 FLAME 7,00,000 5.0
15 Indira Institute of Management 5,50,000 3.84
16 International School of Business & Media, Pune 8,50,000 6.5
17 National Insurance Academy School of Management (NIA) 9,68,000 6.0
18 Singhad Institute of Management 2,00,000 3.5
19 Symbiosis Centre for Management and Human Resource Development 8,70,000 10.49
20 Symbiosis Institute of Business Management, Pune 8,11,000 11.30

While some colleges such as Narsee Monjee (NMIMS) conduct their own entrance exam, most of the top MBA colleges in Mumbai such as SP Jain and NITIE accept CAT scores for admissions.

Being the finance capital of the country, Mumbai also has a lot to offer in terms of recruitment from top companies.


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