Best MBA Colleges in Mumbai

Mumbai has around 125 MBA colleges offering admission through various MBA entrance exams. Tuition fees for the best MBA colleges in Mumbai range between Rs 2,25,000 to Rs 24,00,000. The best MBA colleges in Mumbai aim to train graduates to be adept at handling business and entrepreneurial matters in any field of business. MBA add great skill value to a candidate's resume and the knowledge received can prove to be valuable for the graduate's professional life. Best MBA college courses offer specialisations in numerous fields such as accounting, finance, marketing, operations, human resources, and strategy. CAT, XAT, MAT, CMAT, MAH MBA CET, and NMAT are some of the competitive exams candidates might need to take to gain MBA admission.

Eligibility Criteria of Best MBA Colleges in Mumbai

• Candidates should have a bachelor's degree from a recognised university or institution in any discipline.

• Many MBA colleges in Mumbai require candidates to have a valid score in a national or state-level management entrance exam. Common entrance exams include CAT, XAT, MAT, CMAT, MAH MBA CET, and NMAT.

• Candidates may need to fulfil any additional requirements specified by the college, such as appearing for group discussions (GD) and personal interviews (PI).

Popular Entrance Exams for Best MBA Colleges in Mumbai

• CAT (Common Admission Test) is conducted for 21 IIMs and 1000+ B-schools in India. The CAT exam syllabus is divided into three sections - Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Aptitude. 

• MAT (Management Aptitude Test) is conducted in both offline (paper-based) and online (computer-based) modes. The exam consists of five sections: Language Comprehension, Mathematical Skills, Data Analysis & Sufficiency, Intelligence & Critical Reasoning, and Indian & Global Environment.

• MAH MBA CET (Maharashtra Common Entrance Test) exam consists of multiple-choice questions (MCQs) and is conducted in online (computer-based) mode. The test assesses candidates' abilities in areas such as Logical Reasoning, Abstract Reasoning, Quantitative Aptitude, Verbal Ability/Reading Comprehension, and Data Interpretation.

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Best MBA Colleges in Mumbai with NIRF Ranking 2024

NIRF is the National Institutional Ranking Framework, a centralised ranking system that judges institutions across India based on various parameters. The rankings provide valuable insights for students, parents, and policymakers to make informed decisions regarding higher education institutions.

List of the Best MBA Colleges in Mumbai based on the NIRF Ranking 2024

Best MBA Colleges in Mumbai: Fees-Wise

Below are the lists of the best government and private MBA colleges in Mumbai with their respective total tuition.

Best Private MBA Colleges in Mumbai

Best Government MBA Colleges in Mumbai 

Check out the best MBA colleges in India and its metropolitan cities - 

Best MBA Colleges in Mumbai: Admission Process

Best MBA colleges in Mumbai have a thorough admission process based on various MBA entrance exam scores. The admission process of these best MBA degree colleges in Mumbai may involve multiple rounds like WAT, GD and PI depending on the demand of the respective college.
Listed below is the admission process for the best MBA Colleges in Mumbai

Use these free tools to get a list of colleges where you can apply for MBA admission based on your entrance exam score. 

Best MBA Colleges in Mumbai: Placement-wise

As per the placement statistics, given below are the starting MBA salary packages of the best MBA colleges in Mumbai and their top recruiters:

List of Best MBA Colleges in Mumbai Median Salary and Top Recruiters

ROI of Best MBA Colleges in Mumbai

Return on Investment (ROI) in this case measures the advantage a student will receive if they enroll in a degree at a specific university for fees paid and MBA salary package offered. In simple words, it evaluates the candidate's return on investment (MBA fees) while they are studying and the return (MBA placement) they receive.

The table below shows the best MBA degree colleges in Mumbai along with their total tuition fees and annual average package:

Best MBA Colleges in Mumbai: Cut-off Ranking 2024

Candidates need to take various entrance exams as required by their institutions to be offered admission to the best MBA programmes in Mumbai.  
Listed below are the cut-off ranks of the best MBA colleges in Mumbai for 2024