MBA Colleges in Mumbai

Top MBA Colleges In Mumbai 2020

MBA Colleges in Mumbai

Are you planning to pursue an MBA in Mumbai, the financial capital of India? Are you looking for colleges in Mumbai that accept CAT, XAT, CMAT, MAT, MBACET for MBA admission? Your search ends here!

Oneyearmba.co.in has compiled this article that contains details of everything you need to know about an MBA in Mumbai including list of MBA colleges in Mumbai, Placements, Fee, Cut offs and much more.

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What makes Mumbai a top destination for MBA?

Here are the main reasons:

Financial and Business Hub

While Delhi is the capital of India, Mumbai is the financial and business capital of our country and is one among the top ten centres in the world for global financial transactions. Bombay Stock Exchange, National Stock Exchange of India, the SEBI etc. all have their head offices in this city. Top MNCs like Godrej, Uniliver, L&T, P&G, ICICI Bank, Kotak Bank, HDFC Bank, Reliance Industries, Tata Group, Aditya Birla Group, etc. are also based out of Mumbai. Mumbai is also the main hub for media, advertising and entertainment.

Bright job and career prospects for MBAs

If you are aiming for a career in the financial sector, Mumbai is right location. MBAs can find career opportunities in Banking and Financial sectors in companies like  Kotak Bank, HDFC Bank, ICICI Bank and AXIS Bank. There are plenty of jobs in sales and marketing as well are available in companies like Unilever, P&G, Godrej and many others. Being a media, advertising and entertainment centre, you can also apply for jobs in companies like Star TV, Zee TV, JWT, Times of India and many others.

Hub of MBA education

Finally, Mumbai is also the centre for management, technology and allied sectors. Apart from MBA colleges like SPJIMR, JBIMS and NMIMS, IIT Mumbai and Tata Institute of Social Sciences (TISS) are also in Mumbai.

Details about MBA colleges in Mumbai:

  • MBA colleges in Mumbai accepting CAT, XAT, NMAT, CMAT, MAT, MBACET
  • MBA colleges in Mumbai with Fees
  • MBA colleges in Mumbai with Placements

MBA colleges in Mumbai
The Top 5 MBA colleges in Mumbai based on rankings are JBIMS Mumbai, SPJIMR Mumbai, NMIMS Mumbai, K J Somaiya Mumbai  and NITIE Mumbai. Other institutions like SJMSOM-IIT Mumbai, Welingkar, Mumbai, SIMSREE Mumbai, SIES Mumbai IESMCRC Mumbai, Kohinoor Business School are also highly ranked MBA colleges in Mumbai.

MBA Colleges in Mumbai accepting CMATMAT

If you don’t have a high CAT or XAT score you can still apply to colleges like K J Somaiya Mumbai, Welingkar, Chetana’s Institute of Management and Research, SIES Mumbai, N L Dalmia, IES MCRC Mumbai, ITM Navi Mumbai, VESIM Mumbai, DSIMS Mumbai, Guru Nanak Institute of Management Studies (GNIMS), BVIMSR, Mumbai as the admissions are based on CAT, XAT, CMAT/MAT or both CMAT and MAT exam scores. If your score is within the range of 70 to 90+ percentile score in CMAT or MAT, you have a good chance of getting an admission.

MBA Colleges in Mumbai accepting MAHCET

MBA/MMS programme is a 2 years full-time MBA programme offered by 400 MBA colleges all over Maharashtra including in Mumbai on the basis of state-level MBACET exam conducted by Government of Maharashtra. These courses are through Government counseling and they follow a low fee high ROI structure. JBIMS Mumbai, SIMSREE Mumbai, K J Somaiya Mumbai, DSIMS Mumbai, SIES Mumbai, IES MCRC Mumbai, ITM Navi Mumbai, VESIM Mumbai, also accept the MAHCET exam score for admission.

15% seats are kept for students under the All India category in 400 MBA colleges in Mumbai and rest of Maharashtra accepting MBACET scores. There are about 44000 MBA/MMS/PGDM seats in MBA colleges in Maharashtra through DTE, Government of Maharashtra counseling.

Mumbai MBA College profiles:

SPJIMR Mumbai

NMIMS Mumbai

SJMSOM Mumbai

KJ Somaiya Mumbai

NITIE Mumbai

JBIMS Mumbai

Fee for MBA Colleges in Mumbai

There are plenty of options to choose from when it comes to selection based on admission fees. JBIMS Mumbai has hiked its fee by 200% from Rs.2 lakhs to Rs.6 lakhs and it still remains at the lower end of the fees structure! Other Top MBA Colleges in Mumbai have a fee structure that is 10-20 lakhs, at par with IIMs. There are several other colleges that charge between 5-10 lakhs and offer good education and placements as well.  Here is the fee structure at a select few of the B-schools:

MBA college in MumbaiFee for 2 year MMS/MBA/PGDM (Rs. In lakhs)
SPJIMR, Mumbai17.50
NMIMS, Mumbai19.76
NITIE Mumbai12.53
JBIMS Mumbai  6.00
K J Somaiya, Mumbai13.66
SIES, Mumbai  7.20
SIMSREE, Mumbai  1.46
IESMCRC, Mumbai  6.00
Chetana’s Institute of Management and Research  6.60
SDA Bocconi Asia Center, Mumbai18.6
DSIMS, Mumbai 7.80
Kohinoor Business School 5.90

Click on each of the MBA college link in the table to get a complete understanding of each of these MBA colleges.

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