CET MBA Colleges with Low Fees in Mumbai 2025: Govt and Private Options

CET MBA Colleges with Low Fees in Mumbai 2025: Govt and Private Options

SundararajanUpdated on 01 May 2025, 10:23 AM IST

CET MBA Colleges with Low Fees in Mumbai: If you are looking for affordable MBA colleges in Mumbai that accept Maharashtra CET (MAH CET), then you are in the right place. Studying an MBA in Mumbai doesn't have to be expensive - there are many government and low-cost private institutions that offer quality education at reasonable prices. In this guide, we explore the best CET MBA colleges with low fees in Mumbai, eligibility criteria, placement, and key features to help you make an informed decision.

This Story also Contains

  1. CET MBA Colleges with Low Fees in Mumbai: Why to Choose
  2. Top 10 MBA Colleges in Mumbai with Fees Structure
  3. Tips to Choose the Right Low Fee MBA College in Mumbai
CET MBA Colleges with Low Fees in Mumbai 2025: Govt and Private Options
CET MBA Colleges with Low Fees in Mumbai: Govt and Private Options

CET MBA Colleges with Low Fees in Mumbai: Why to Choose

Pursuing an MBA in Mumbai through MAH CET offers unparalleled benefits to those aspiring to become managers. Here are the reasons why thousands of students prefer MBA CET colleges in Mumbai:

  • Affordable tuition fees compared to top-tier private B-schools.
  • Government and reputable private colleges with quality education.
  • Industry-relevant curriculum with good placement opportunities.
  • A convenient location in Mumbai, the financial capital of India.
  • No CAT/MAT dependency

Top 10 MBA Colleges in Mumbai with Fees Structure

Here is a list of the top MBA colleges in Mumbai with low fees and cut off.

CET MBA Government Colleges in Mumbai with Low Fees

College Name

Approx. Total Fees

Avg. Package (2024)

Sydenham Institute (SIMSREE)

Rs 60,000 – Rs 1.2 Lakh

Rs 8 – 12 LPA

Lala Lajpatrai Institute (LLIM)

Rs 70,000 – Rs 1.5 Lakh

Rs 5 – 7 LPA

Jamnalal Bajaj Institute (JBIMS)

Rs 2 – Rs 3 Lakh

Rs 12 – 20 LPA

N.L. Dalmia Institute

Rs 3 – Rs 4 Lakh

Rs 7 – 10 LPA

CET MBA Private Colleges in Mumbai with Low Fees

College Name

Approx. Total Fees

Avg. Package (2024)

Chetana’s Institute (CIMR)

Rs 1.2 – Rs 1.8 Lakh

Rs 6 – 9 LPA

MET Institute of Management

Rs 1.5 – Rs 2.5 Lakh

Rs 7 – 10 LPA

Pillai College of Management

Rs 1 – Rs 1.5 Lakh

Rs 4 – 6 LPA

K.J. Somaiya Institute

Rs 3 – Rs 4 Lakh

Rs 9 – 14 LPA

Welingkar Institute (WeSchool)

Rs 3 – Rs 5 Lakh

Rs 8 – 12 LPA

St. Francis Institute (SFIM)

Rs 1.2 – Rs 2 Lakh

Rs 5 – 8 LPA

Also Read: MAH CET MBA Rank Wise Colleges 2025

Eligibility for MAH CET MBA Colleges in Mumbai

  • Qualification: Bachelor’s degree (minimum of 50% for general, 45% for reserved categories).
  • Entrance Exam: Valid MAH MBA CET score (or CAT/MAT/CMAT/XAT for some colleges).
  • Domicile: Maharashtra candidates get preference in government colleges.
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Top 10 MBA Colleges in Maharashtra through CET Cut off

College Name

MAH CET Cutoff (Percentile)

Total Fees (Approx.)

Avg. Package (2024)

JBIMS, Mumbai

99.9+

Rs 2.5L

Rs 18-25 LPA

SIMSREE, Mumbai

99.5+

Rs 60k-1.2L

Rs 10-14 LPA

PUMBA, Pune

98.5+

Rs 1.5L

Rs 8-12 LPA

N.L. Dalmia, Mumbai

97+

Rs 3L

Rs 7-10 LPA

K.J. Somaiya, Mumbai

95+

Rs 4L

Rs 9-15 LPA

Welingkar, Mumbai

93+

Rs 5L

Rs 8-12 LPA

MET, Mumbai

90+

Rs 1.8L

Rs 6-9 LPA

Chetana's, Mumbai

88+

Rs 1.5L

Rs 5-8 LPA

SIES, Mumbai

85+

Rs 2L

Rs 5-7 LPA

IMDR, Pune

82+

Rs 1.2L

Rs 4-6 LPA

Also Use: MAH MBA CET 2025 College Predictor Tool

Tips to Choose the Right Low Fee MBA College in Mumbai

Are you pursuing an MBA on a tight budget? Use these data-driven strategies to select the best low-cost CET MBA college in Mumbai without compromising on quality:

  • Check MAH CET Cutoffs
  • Check accreditation (AICTE, NBA, UGC).
  • Look at placement records and average salary.
  • Compare fee structures and hidden costs.
  • Consider location & infrastructure
  • Verify scholarship options for financial aid
  • Talk to Alumni
MAH MBA CET 2025 Rank Predictor
Get your predicted Rank based on your estimated MAH CET 2025 score by using MAH CET MBA Rank Predictor 2025.
Try Now

Frequently Asked Questions (FAQs)

Q: What is a low salary for MBA?
A:

Check out MBA Salary in India Based on Experience Levels.

Experience Level
Average Salary Range
FreshersRs 2.85 LPA - 5 LPA
5+ YearsRs 5 LPA - 7 LPA
10+ YearsRs 11 LPA - 15 LPA


Q: What is the salary of MBA fresher in Mumbai?
A:

As an MBA graduate in Mumbai, you can expect a starting salary of Rs 4 to Rs 12.5 lakh per year, with an average salary of Rs 7.53 lakh per year.

Q: What is minimum fees for MBA in Mumbai?
A:

The minimum MBA fees for 2 years at top government colleges like SIMSREE in Mumbai start at Rs 60,000, while budget private colleges like Pillai offer MBA programs starting from Rs 1 lakh with lower cutoffs (75-80 percentile).

Q: Which MBA college is best with low fees in Mumbai?
A:

SIMSREE, Chetana's CIMR, MET Institute, PUMBA, Lala Lajpatrai, etc. are some of the best MBA colleges in Mumbai with low fees.

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Questions related to MAH MBA CET

On Question asked by student community

Have a question related to MAH MBA CET ?

With a 91.16 percentile in MAH MBA CET 2025, you have a good chance of securing admission in decent MBA colleges in Maharashtra. While top institutes like JBIMS or Sydenham may be out of reach, colleges such as PUMBA, SIES, Chetana’s, MET, and DY Patil are realistic options. Among these, PUMBA offers the best return on investment with a low fee structure and an average package of around 6–6.5 LPA. Other colleges typically offer packages in the 3.5–5.5 LPA range. Since you plan to take a loan, choosing a college with low fees and strong placement support is important. Make sure to register and participate in all CAP rounds and prioritize your college options carefully. With the right choice and consistent effort during your MBA, placements are definitely possible.

With 91.16 percentile, you can target top-tier MBA colleges like PUMBA (Pune University), MET Mumbai, SIESCOMS Navi Mumbai, and NL Dalmia. Welingkar and K J Somaiya may be slightly out of reach but possible under lower cutoffs or spot round.


With 42 percentile in MAH MBA CET, it is very difficult to get admission in good or top MBA colleges through CAP rounds. Most of the well-known colleges in Maharashtra like JBIMS, SIMSREE, Welingkar, and PUMBA usually take students who score more than 90 or 99 percentile. Even average colleges ask for at least 60 to 70 percentile.

With 42 percentile, you may get a seat in a very low-tier or less popular private college, but the chances are low in government or semi-government colleges. You should still attend the CAP rounds and fill as many options as possible. Also, use a college predictor tool to check which colleges you might get based on your percentile.

Dear Aspirant,

If you have scored 80 out of 200 in the MAH MBA CET 2025, your expected percentile is likely to be in the range of 60 to 70, depending on the overall performance of candidates and the difficulty level of the exam this year. Based on previous years’ trends, a score of around 120+ usually corresponds to a 95+ percentile, while scores between 100 and 110 typically fall in the 85 to 90 percentile range. Therefore, with 80 marks, you may not qualify for top colleges like JBIMS, SIMSREE, or PUMBA, but you can still explore admission opportunities in mid-level management institutes in Maharashtra. Some of the colleges you could consider include SIES College of Management Studies, Indira Institute of Management Pune, MET Mumbai, Chetana’s Institute of Management and Research, and IES Management College. Your chances may also vary based on your category and whether you are applying under the Home University (HU), Other University (OHU), or All India (AI) quota.

Congratulations on your score! To estimate your percentile for the MAH MBA CET 2025, it depends on the overall difficulty of the exam, the number of students appearing, and how others perform in the exam.

However, based on trends from previous years, here is a rough estimate:

  • 94 marks in the MAH MBA CET typically corresponds to a percentile range of approximately 95-98 percentile , assuming the exam's difficulty level is consistent with previous years.

The exact percentile can vary depending on the specific performance of all candidates in your slot and the total number of candidates. It is always better to wait for the official result release to get an accurate percentile.