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MBA is an abbreviated form of Master of Business Administration which is a popular post-graduation degree. Mumbai has around 11 colleges that provide admissions to students for MBA based on NMAT scores. The candidates can take admission for this course in any of the colleges according to their scores. The top MBA colleges in Mumbai accepting NMAT are SPJIMR, NMIMS Mumbai, Amity University Mumbai and several others. The most popular MBA specialisations in these colleges are, human resource management, international business, and finance.
NMAT is a national-level MBA entrance test that provides admission in the flagship PGDM program of NMIMS Hyderabad, Mumbai, and Bangalore. Here is a list of MBA colleges in Mumbai accepting NMAT:
Number of MBA Colleges in Mumbai accepting NMAT
Type of Colleges
Private Colleges - 12
Colleges Approved by
AICTE (All India Institute of Technical Education)
Rs. 1.50 – Rs 20.84 lakhs
To gain admission into the best MBA colleges in Mumbai accepting NMAT, candidates must qualify the eligibility criteria. Here are some of the general aspects of the eligibility criteria for top-ranked MBA colleges in Mumbai accepting NMAT: -
The candidate must have completed graduation following 12+3 or 4 years of education pattern in any stream.
The candidate must have secured not less than 50% total in their graduation. Candidates from reserved categories get a 5% relaxation.
The candidates waiting for their results and those in their final year of graduation are also eligible for applying NMAT. Until the graduation mark sheet and the certificate of the qualifying examination are submitted, admissions are given temporarily to candidates.
There is no age barrier to attempt the NMAT by GMAC exam.
The candidates can attempt the NMAT exam up to three times a year.
NOTE: In any stage of the admission, any applicant who is found to be ineligible, that applicant is disqualified and won't be allowed to proceed further.
Also read - NMAT Eligibility Criteria
National Institute Ranking Framework (NIRF) is a method adopted by MHRD, Government of India, to rank various educational institutes for higher education in India. The major NIRF ranking parameters that determine the best institutes are the research and professional practices like the research publications, patents, and other executive development programs of any Institution. Here is a list of MBA colleges in Mumbai accepting NMAT as per NIRF:
Name of the College
SVKM's NMIMS Mumbai
Careers360 is a leading online education platform that offers a one-stop source for students who want to clarify their questions related to different aspects of their education. Based on its intensive research processes, Careers360 has published the following list of popular MBA colleges in Mumbai accepting NMAT:
Name of the College
Careers360 Ranking /Rating
KJ Somaiya Institute of Management
To get admission to an MBA course, candidates will have to qualify for the NMAT. There are various steps in the admission process which the candidates go through. Here are some of the steps in the admission process for the best MBA colleges in Mumbai accepting NMAT: -
Complete the NMAT registration process and pay the required examination fee.
Appear for the NMAT Examination.
After the NMAT results are announced, search for suitable institutes.
Check deadlines for the applications in respective colleges and complete the application process beforehand.
Prepare all the required documents about educational qualifications.
Prepare for the various stages in the selection process.
Appear for the selection process and give your best.
Check your name in the result. If passed, complete the admission process soon before the due date.
Click on the links below for the admission process details for the best MBA colleges in Mumbai accepting NMAT:
To get the best ROI (Return of Investment) after an MBA degree, candidates must opt for the best MBA colleges. Here is a list of MBA colleges in Mumbai accepting NMAT ranked as per their placement track record is as follows:
Name of the College
Average/Median Pay Package
Rs. 26.06 lakhs
Rs. 8.5 lakhs
One of the most essential aspects that candidates must look at while determining the most prominent MBA colleges in India is the course fees. Here is the list of MBA colleges in Mumbai accepting NMAT based on their average course fees.
Name of the College
Course fees (max)
Rs. 19.00 lakhs
Rs. 13.45 lakhs
Rs. 9.09 lakhs
Rs. 20.84 lakhs
Rs. 12.00 lakhs
Here is a list of top MBA colleges accepting NMAT that are located close to Mumbai: -
SNJB's Late Sau Kantabai Bhavarlalji Jain College of Engineering, Nashik
SDMIMD Mysore - Shri Dharmasthala Manjunatheshwara Institute for Management Development
Q. What is the basic eligibility criteria to appear in NMAT 2021 exam?
A. The NMAT eligibility criteria are that a candidate must have a bachelor's degree or equivalent from any acknowledged university or institute. The final year students of graduation are also qualified to apply for NMAT.
Q. What is the minimum percentage required for applying to NMAT exam?
A. Candidates must have a minimum of 50 percent marks in graduation to apply for the NMAT by GMAC exam.
Q. How many years for NMAT scorecard is valid?
A. NMAT scorecard is currently valid for two years.
Q. Is there any negative marking in NMAT?
A. No, there is no negative marking in the NMAT exam.
Q. Do I need prior work experience to apply for NMAT 2021 exam?
A. Candidates with work experience are given weightage in the admission process. However, candidates with no work experience can likewise apply for NMAT.
Application Date - May session IBT-1 last date