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    Top 5 MBA Colleges in Mumbai 2026: Fees, Placements, Cutoffs & Best B-Schools List
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    • Top 5 MBA Colleges in Mumbai 2026: Fees, Placements, Cutoffs & Best B-Schools List

    Top 5 MBA Colleges in Mumbai 2026: Fees, Placements, Cutoffs & Best B-Schools List

    #MBA
    Team Careers360Updated on 26 Mar 2026, 05:19 PM IST

    Mumbai, being the financial hub of India, is a perfect location for those aspirants who want to build their career in management. Mumbai has a strong placement network, and every year, several candidates search for the best B-Schools in this city but a few make their way to the right MBA college. This article covers the best MBA Colleges in Mumbai for 2026, including campus overview, course fees, recruiting opportunities, and median salary. Let us take a look.

    Top 5 MBA Colleges in Mumbai 2026: Fees, Placements, Cutoffs & Best B-Schools List
    Top 5 MBA Colleges in Mumbai 2026: Fees, Placements, Cutoffs & Best B-Schools List

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    Prin LN Welingkar Institute of Management Development and Research, Mumbai

    Estd Year

    1977

    Ownership

    Private

    NIRF Ranking

    75

    Total Students

    1422

    Total Male

    828

    Total Female

    594

    PGDM Fees

    Rs. 14.00 L

    Prin LN Welingkar Institute of Management Development and Research, Mumbai is one of the prestigious private institutes and holds 75th position in the NIRF ranking. This institute was founded in 1977 and has approximately 1422 students intake, out of 1422 students 828 are males and 594 are females. The fee for the PGDM program is Rs. 14 Lakhs.

    Placement Performance and Median Salary

    Year

    2020-22

    2021-23

    2022-24

    Placement %

    98.06%

    97.14%

    97.24%

    Median Salary

    Rs. 10,50,000

    Rs. 11,78,000

    Rs. 11,50,000

    The placement rate for the batch 2022-2024 at Prin LN Welingkar Institute of Management Development and Research, was 97.24 per cent at a median salary of Rs. 11.5 Lakhs, reflecting excellent placement performance.

    ITM Business School Navi Mumbai

    Estd Year

    1991

    Ownership

    Private

    Careers360 Rating

    AAA+

    Average CTC

    Rs. 8.65 LPA

    Highest CTC

    Rs. 21 LPA

    Placement %

    97%

    MBA Fees

    Rs. 12.45 L

    ITM Business School Navi Mumbai is a private institute, established in 1991. The average CTC offered by this institute was Rs. 8.65 LPA and the highest CTC was Rs. 21 LPA with a 97 per cent placement rate. The fee for the MBA program is Rs. 12.45 Lakhs.

    Key Recruiters at ITM Business School Navi Mumbai

    Asian Paints

    Deloitte

    IDFC First Bank

    Capgemini

    Johnson & Johnson

    Jio

    Atul

    Tata Consultancy Services

    IDBI Bank

    Capital First

    Häfele

    Parle Agro

    Panasonic

    SBI Securities

    ITC Limited

    Saint-Gobain

    Nielsen

    McKinsey & Company

    Numerous companies participated in the placement drive at ITM Business School. This table lists some of the major recruiting companies at ITM Business School Navi Mumbai.

    NL Dalmia Institute of Management Studies and Research, Mumbai

    Estd Year

    1995

    Ownership

    Pvt. Affiliated College

    Total Students

    624

    Total Male

    357 (57%)

    Total Female

    267 (43%)

    PGDM Fees Range

    Rs. 16.50 L

    NL Dalmia Institute of Management Studies and Research, Mumbai is a private affiliated college, established in 1995. This institute has 57 percent males and 43 per cent are females. The fee for the PGDM program is Rs. 16.50 Lakhs.

    Placement Performance and Median Salary

    Year

    2020-21

    2021-22

    2022-23

    Placement %

    68.49%

    77.93%

    76.37

    Median Salary

    Rs. 6,10,000

    Rs. 7,50,000

    Rs. 8,50,000

    The placement outcome for the batch 2022-2023 at NL Dalmia Institute of Management Studies and Research, Mumbai, was 76.37 per cent at a median salary of Rs. 8.5 Lakhs.

    Vivekanand Education Society's Institute of Management Studies and Research, Mumbai

    Estd Year

    1994

    Ownership

    Pvt. Affiliated College

    Total Students

    346

    Total Male

    177 (51%)

    Total Female

    169 (49%)

    MMS Fees Range

    Rs. 5.30 L

    Vivekanand Education Society's Institute of Management Studies and Research, Mumbai is a private affiliated college, established in 1994. Total student intake is 346 with 51 per cent male students and 49 per cent female students. The fee for the MMS program is Rs. 5.30 Lakhs.

    Placement Performance and Median Salary

    Year

    2020-21

    2021-22

    2022-23

    Placement %

    62.92%

    43.57%

    90.13%

    Median Salary

    Rs. 5,65,000

    Rs. 5,00,000

    Rs. 6,50,000

    Vivekanand Education Society's Institute of Management Studies and Research has a placement rate of 90.13 per cent for the batch 2022-2023 at a median salary of Rs. 6.5 Lakhs.

    BVIMSR, Navi Mumbai

    Estd Year

    1984

    Ownership

    Private

    Careers360 Rating

    AAA+

    Average CTC

    Rs. 5.5 LPA

    Highest CTC

    Rs. 16 LPA

    Placement %

    100%

    MMS Fees

    Rs. 3.15 L

    Bharati Vidyapeeth’s Institute of Management Studies and Research, Navi Mumbai is a private institute with a AAA+ rating by Careers360. BVIMSR was established in 1984. This institute provides 100 per cent placement with the average CTC of Rs. 5.5 LPA and highest CTC of Rs. 16 LPA. The fees for the Master of Management Studies is Rs. 3.15 Lakhs.

    Key Recruiters at BVIMSR

    Bata

    PepsiCo

    Justdial

    PwC

    TCS

    Mahindra Finance

    Kotak Mahindra Bank

    Tech Mahindra

    Infosys

    ICICI Bank

    Accenture

    Reliance Industries

    Diverse companies participated in the recruitment drive at BVIMSR. Some of the major recruiting companies include Bata, PepsiCo, Justdial, Reliance Industries, Tech Mahindra, Kotak Mahindra Bank, and many more.

    These are the five best MBA colleges in Mumbai which management aspirants can consider according to their budget and priorities.

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