MBA Colleges in Mumbai 2021

Master of Business Administration which more commonly referred to as MBA is a degree course which students usually tend to pursue after their bachelor's degree. The MBA courses usually focus on developing the leadership, initiative and the individual excellence required to be successful at a career in the field of management, business, and entrepreneurship. This course also provides theoretical as well as practical training to the candidates to help them gain an understanding of the general business.

There are options for specialization in the field of MBA that the candidate can choose based on their area of interest. Once the candidate completes the course successfully, they are hired for different job roles with high salary packages depending on their knowledge and skill sets. The course also develops skills which the candidates can use further in their daily life as well as in their career.

Candidates are hired for different job roles with good salary packages which help them in working better in their work field. Some of the job profiles are Business Development Manager, Human Resource Manager, Business Executive, Project Manager, and different job roles. They are hired in some of the top companies after they complete their course in the field.

MBA Colleges in Mumbai: Specialization Available

MBA is a field that provides the candidates with many options to do a specialization in. The candidate can decide in which field he/she wishes to specialize in. After pursuing a specialization in a particular field, they gain the skills and knowledge related to the field.

Given below is the list of specialization in MBA: -

MBA Colleges in Mumbai: Eligibility Criteria

The eligibility criteria that are set up by different colleges is to ensure that the admission is granted to the students who are eligible for the course. The criteria are different accordingly, but the candidate must meet the eligibility criteria to get admission to the course. The candidate should score the required marks which are required for the admission to the course. Therefore, the eligibility criteria are designed to grant admission to eligible students.

Eligibility for MBA - The candidates who want to pursue an MBA they must have a bachelor’s degree with at least 50% marks or equivalent from a recognized board or university. They also appear for the entrance examination that is conducted by the colleges and different universities.

MBA Colleges in Mumbai: Admission Process

The admission process of every college is different based on their college norms and regulations that they set. The admission process is based on either merit-list or the scores received on the entrance examination that the candidate appears for. The candidate needs to follow the guidelines of the college to get admission to the course.

Mentioned below is the list of some of the entrance examinations that are conducted to grant admission for the course: -

MBA Colleges in Mumbai: Specialization Wise List

There are a lot of options for specialization in MBA which a candidate can pursue based on their interest and willingness to do the course. Mumbai is known as the city of dreams as innumerable people travel to Mumbai to pursue their dreams and aim even higher. Mumbai is known as the financial capital of the country. There are many tourist attractions in Mumbai. Mumbai is home to numerous World Heritage Sites which is visited by tourists all around the world. Mumbai is famous for its Vada Pav as well which people love to eat whenever they travel to Mumbai.

Mumbai has a total of 163 MBA colleges wherein the candidate can select any of the colleges according to them. It depends on the candidate where they wish to take admission for the course. There are many colleges in Mumbai that have options for specialization in MBA.

Some of the colleges are listed below with the specialization that they provide in the course :

MBA in Marketing Management Colleges in Mumbai

Name of the College	NIRF 2020 Ranking	Careers360 Rating	Entrance Test	Fees
KJ Somaiya Institute of Management	56	51	CAT, CMAT, XAT, GMAT and MAH MCA CET	Rs. 2.47 - 14.93 lakhs
Prin LN Welingkar Institute of Management Development and Research	68	54	CAT, XAT, CMAT and GMAT, MAT, ATMA, MAH MBA CET	Rs. 1.60 lakhs
Sydenham Institute of Management Studies, Research and Entrepreneurship Education	--	AAA	CAT, CMAT and MAH MBA CET	--
IES Management College and Research Centre	-	AA+	MAH MBA CET, CAT and GMAT	Rs. 1.38 lakhs
MET Institute of Management	--	--	GMAT and MAH MBA CET	--

MBA in Human Resource Management Colleges in Mumbai

Name of the College	NIRF 2020 Ranking	Careers360 Rating	Entrance Test	Fees
Narsee Monjee Institute of Management Studies	24	33	NMAT, GRE and GMAT	Rs. 18.50 lakhs
KJ Somaiya Institute of Management	56	51	CAT, CMAT, XAT, GMAT and MAH MBA CET	Rs. 2.47 - 14.93 lakhs
Prin LN Welingkar Institute of Management Development and Research	68	54	CAT, XAT, CMAT and GMAT, MAT, ATMA, MAH MBA CET	Rs. 1.60 lakhs
St Francis Institute of Management and Research	--	AA	CAT, XAT, GMAT, MAT CMAT and MAH MBA CET	--
Jankidevi Bajaj Institute of Management Studies	--	--	CAT, CMAT and MAH MBA CET	--

MBA in Financial Management Colleges in Mumbai

Name of the College	NIRF 2020 Ranking	Careers360 Rating	Entrance Test	Fees
KJ Somaiya Institute of Management	56	51	CAT, CMAT, XAT, GMAT and MAH MCA CET	Rs. 2.47 - 14.93 lakhs
Sydenham Institute of Management Studies, Research and Entrepreneurship Education	-	AAA	CAT, CMAT and MAH MBA CET	-
Sinhgad Institute of Business Management	-	-	MAH MBA CET	-

MBA in Operations Management Colleges in Mumbai

Name of the College	NIRF 2020 Ranking	Careers360 Rating	Entrance Test	Fees
KJ Somaiya Institute of Management	56	51	CAT, CMAT, XAT, GMAT and MAH MBA CET	--
IES Management College and Research Centre	--	AAA	CAT, GMAT and MAH MBA CET	--
School of Management, Dr DY Patil University	--	--	No Entrance Test	Rs. 8.40 lakhs
NMIMS School of Business Management	--	--	NMAT	--

MBA in Information Technology Colleges in Mumbai

Name of the College	NIRF 2020 Ranking	Careers360 Rating	Entrance Test	Fees
Prin LN Welingkar Institute of Management Development and Research	68	54	CAT, XAT, MAT, ATMA, MAH MBA CET, CMAT and GMAT	Rs. 1.60 lakhs
Jamnalal Bajaj Institute of Management Studies	--	34	MAH MBA CET	Rs. 1.53 lakhs
Thakur Institute of Management Studies and Research	--	AA	CMAT, GMAT, ATMA, CAT, XAT, MAT and MAH MBA CET	Rs. 1.89 lakhs

Career options available after MBA in Mumbai

Once the candidate completes the course successfully, they are hired under different job roles based on the specializations which they have chosen while pursuing this course. The candidates who have already pursued MBA or are currently pursuing MBA have a very bright scope for a career in the future because MBA holds a lot of importance and companies hire candidates who are specialized in the field. Choosing a career in MBA is a very good choice and also has many business opportunities.

The candidate has higher chances of getting hired in a higher job position based on the degree that they hold. Doing a course in MBA not only increases your professional growth but also enhances your personal growth simultaneously. MBA also helps you to develop different skills that are useful for you. Most of the time, the professional with a higher level of education and skill is paid a high salary package. The doors are open to many career opportunities in the field out of which some are listed below with the expected salary :

Job Profile	Expected Salary
Relationship Manager	Rs. 4 Lakhs p.a. (Approx.)
Marketing Executive	Rs. 3 Lakhs p.a. (Approx.)
Business Analyst	Rs. 5 Lakhs p.a. (Approx.)
Area Sales Manager	Rs. 7 Lakhs p.a. (Approx.)
Operations Manager	Rs. 10 Lakhs p.a. (Approx.)
Human Resource Manager	Rs. 11 Lakhs p.a. (Approx.)
Assistant Human Resources Manager	Rs. 09 Lakhs p.a. (Approx.)
Business Development Manager	Rs. 11 Lakhs p.a. (Approx.)
Account Manager	Rs. 11 Lakhs p.a. (Approx.)
Executive Assistant	Rs. 10 Lakhs p.a. (Approx.)

Top Employers for MBA Graduates

After successfully pursuing a course in MBA, the candidates are hired by some of the top companies which usually hire the professionals with higher education in the field. Some of the colleges provide placement opportunities while some others do not.

The companies that come to college usually hire candidates with good skill sets and also academic performance. The candidates should be well-organized and systematic in the work that they do. Therefore, to get hired by the top companies the candidate must have the required knowledge that is needed to work in the field.

Listed below are some of the top employers in the sector :

Amazon
Apple
Deloitte
TCS
Citigroup
Bain & Company
Facebook
Accenture
Capgemini
HubSpot

Frequently Asked Questions

Q. 1 Which are some of the job profiles that the candidates are hired for?

Once the candidate gets completed with the course, they apply for the job role of their interest and they are hired for the job role. Some of the job profiles are listed below :

Relationship Manager
Business Executive
Business Analyst
Area Sales Manager
Marketing Executive
Human Resource Manager and many other job profiles.

Q.2 What is the duration of a course in MBA?

MBA is a 02-year postgraduate degree in the field of management and business administration which covers various areas which comprise business, finance, management, marketing, development, and many other interesting topics.

Q.3 Which are the different specializations in the field of MBA?

After the candidate decides to pursue an MBA, they must decide about the specialization that they wish to pursue a career in. They need to decide on the area of specialization.

Some of the specializations are given below :

MBA in Marketing
MBA in Finance
MBA in General Management
MBA in International Management
MBA in Human Resource Management
MBA in Operations Management
MBA in Rural Management
MBA in Logistics Management
MBA in Information Technology
MBA in Business Management are some of the specializations in the field.

Q. 4 Which are the entrance examinations that the candidate must appear for?

It depends on the college where they want to conduct the entrance examination or not.

Some of the entrance examinations are :

CAT
XAT
MAT
SNAP
NMAT
CMAT
MAHCET

Q. 5 What is the eligibility criteria for pursuing a course in MBA?

The eligibility criteria for the aspirants to aspire the course is a bachelor's degree with a minimum aggregate of 50% marks or equivalent from a recognized board or university. The candidate needs to appear for the entrance examination as well where you wish to take admission.

Q.6 How is the scope of MBA in Finance in the future?

The scope of MBA in Finance is vast and keeps expanding with each passing day with the need of professionals in the field. There are many career opportunities in the field. It is one of the most preferred choices among the candidates across the world. The field offers excellent job profiles with a good salary package and is also rewarding at the same time. Therefore, the scope of MBA in Finance in future as well as now is increasing day-by-day.

Q. 7 Who are the top employers in the field?

The reputed companies usually hire candidates with higher education and good knowledge as well as skill sets that are taught to the candidates in the course. Some of the top employers in the field are listed below :

Amazon
Apple
Deloitte
TCS
Citigroup
Bain & Company
Facebook
Accenture
Capgemini
HubSpot

Q.8 Which are the colleges in Mumbai that provide a course in MBA?

Some of the colleges that provide you with a course in MBA are listed below :

Prin LN Welingkar Institute of Management Development and Research
Jamnalal Bajaj Institute of Management Studies
KJ Somaiya Institute of Management
Thakur Institute of Management Studies and Research
Narsee Monjee Institute of Management Studies

Q.9 What is the average starting salary for a job profile?

The average starting salary for any of the job profiles is high once the candidate completes the course in MBA as they are hired by the top companies. The average starting salary for a job profile is Rs. 4 Lakhs p.a. (Approx.) which increases with time and experience.

Q.10 What is the fee structure to pursue a course in MBA?

The fee structure differs from college to college. Some of the top and reputed colleges charge high fees based on the facilities which they provide. The average fee structure to pursue a course in MBA is Rs. 1 Lakhs.