Symbiosis Entrance Test (SET)-2024
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Mumbai has around 125 MBA colleges in the city. Tuition fee for the top MBA colleges in Mumbai can range between Rs 2,25,000 to Rs 24,00,000. The top 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. Top 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 admission
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 fulfill any additional requirements specified by the college, such as appearing for group discussions (GD) and personal interviews (PI).
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.
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.
College Name | NIRF 2023 Score | NIRF 2023 ranking |
National Institute of Industrial Engineering, Mumbai | 71.99 | 7 |
Indian Institute of Technology Bombay | 68.11 | 10 |
S.P. Jain Institute of Management & Research | 60.91 | 20 |
SVKM`s Narsee Monjee Institute of Management Studies | 60.84 | 21 |
K J Somaiya Institute of Management Studies and Research | 52.14 | 45 |
Principal L N Welingkar Institute of Management Development and Research | 48.21 | 73 |
Below are the lists of the best government and private MBA colleges in Mumbai with their respective total tuition.
Private College Name | Courses | Fees |
Rs. 2,25,000 | ||
Rs. 24,00,000 | ||
NA | ||
Rs. 8,50,000 | ||
Rs. 13,13,00-Rs 20,77,000 |
Govt College Name | Courses | Fees |
Rs. 14,00,000 | ||
NA | ||
Rs. 14,01,700 | ||
NA |
Top MBA colleges in Mumbai have a thorough admission process based on various competitive exam scores through which candidates are vetted to see if they are suitable for the course and institution.
Listed below are the admission processes for top MBA Colleges in Mumbai:
College Names | Admission Process |
JBIMS Mumbai | JBIMS Mumbai Admissions based on valid scores in MAH CET,CAT,CMAT exams |
IIM Mumbai (NITIE) | IIM Mumbai (NITIE) Admissions are based on CAT exam scores. |
SPJIMR, Mumbai | SPJIMR, Mumbai Admissions are based on academic record, entrance test scores (CAT/ GMAT), relevance of work experience (if any), and performance in the two rounds of group interviews. |
KJSIMK-J Somaiya Institute of Management | KJSIMK-J Somaiya Institute of Management Admissions are based on various criteria including CAT/ XAT/ NMAT/ GMAT/ CMAT Scores, Academic Profile, Group Discussion, Personal Interview, Written Ability Test, and Work Experience |
SJMSOM IIT Bombay | SJMSOM IIT Bombay Admissions are offered based on performance in CAT exam, written ability test, and personal interview. |
Given below are the starting packages of top MBA colleges in Mumbai and their top recruiters:
Placement Links | Median salary | Top Recruiters |
Rs. 31,00,000 | Tata AIA Life Insurance, Tata AIG General, Edelweiss Financial Services, ETLI, Fidelity Investments, ICICI Bank | |
Rs. 30,50,000 | Aditya Birla Group, Capgemini E.L.I.T.E., Mahindra GMC, and Tata Administrative Services | |
Rs. 10,25,000 | Mercedes Benz, Raychem RPG, CISCO, Tata Capital, Goldman Sachs, Citi, Deloitte | |
Rs. 25,76,000 | Accenture, Amazon, Flipkart, Asian Paints, Deloitte, Godrej | |
Rs. 6,50,000 | Viacom 18, Reliance, Network 18, TV 9, Times of India, Zoom |
Candidates need to take various entrance exams as required by their institutions to be offered admission to top MBA programmes in Mumbai.
Listed below are the cut-off ranks of Best MBA colleges in Mumbai for 2023:
Colleges | Exam | Rank/ Percentile |
JBIMS Mumbai | MAH CET,CAT | 95 percentile and above in MAH CET 93 percentile in CAT |
IIM Mumbai (NITIE) | CAT | 85 percentile in CAT |
SPJIMR Mumbai | CAT | 85 percentile and above |
KJ Somaiya Institute of Management Studies | CAT | 83+ Percentile and above |
SJMSOM IIT | CAT | 75 Percentile and above |
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