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    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.
    K J Somaiya Institute of Management MBA Admissions 2026

    Highest Package 27.25 LPA | Top 100 Average package 16.65 LPA | AACSB Accredited | Ranked 52 by QS International

    Amity University-Noida MBA Admissions 2026

    Ranked among top 10 B-Schools in India by multiple publications | Top Recruiters-Google, MicKinsey, Amazon, BCG & many more.

    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 2026 Preparation Tips
    Get expert MAH MBA CET 2026 preparation tips to boost your exam performance. Learn key strategies, section-wise plans, and time management tricks for success.
    Download EBook

    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,

    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

    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’

    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