MBA Colleges in Mumbai 2024: Courses, Admissions, Fees, Rankings, Placements, Cutoff
Top MBA colleges in Mumbai include IIM (NITIE) Mumbai, Shailesh J. Mehta School of Management- [IIT Bombay], SPJIMR, SBM NMIMS, etc. Mumbai, known as the "City of Dreams" and "Financial Capital of India," is home to 132 MBA colleges, of which 114 are Private and 10 are MBA Government colleges in Mumbai. A total of 58 MBA colleges in Mumbai are approved by AICTE, while 16 are approved by UGC.
- IIM Mumbai, SJMSOM IIT Bombay, National Institute of Industrial Engineering, Mumbai, and S. P. Jain Institute of Management & Research are ranked 7, 10, and 20, per NIRF Rankings for 2023.
- Admission to the top MBA colleges in Mumbai is primarily done through Management Entrance Exams such as CAT, MAT, XAT, NMAT, CMAT, MAH CET, GMAT, and GRE.
- The average fees for pursuing MBA/ PGDM courses from the top MBA colleges in Mumbai can range between INR 50,000 to INR 30,00,000 per year depending upon the colleges.
- The top MBA colleges in Mumbai with low fees are K. C. College of Management Studies - [KCCMS] Mumbai, ISMS Mumbai, Mumbai University, and KJSCCETR Mumbai.
- The best MBA colleges in India offer lucrative placement opportunities with high packages and good ROI. The average CTC is offered between INR 18 LPA to INR 30 LPA.
- Accenture, Amazon, Axis Bank, HCL, HDFC, etc. are some of the top-notch companies that participate in the placement drives offered by the top MBA colleges in Mumbai.
- SJMSOM Mumbai, SPJIMR Mumbai, and SBM NMIMS Mumbai are the best colleges in Mumbai for MBA in Finance and are ranked among the top 10 MBA colleges in Mumbai.
Top 10 MBA Colleges in Mumbai
Mumbai is home to approximately 126 MBA colleges. The best MBA college in Mumbai is IIM Mumbai with a seat intake of 338 MBA/PGDM seats. IIM Mumbai improved its ranking, moving up to 7th place in 2023 from 9th in 2022. Below are the top 10 MBA colleges in Mumbai with MBA/PDM seat intake.
Top 10 Government MBA Colleges in Mumbai
Tabulated below is the list of the top 10 MBA colleges in Mumbai along with their average annual fees:
| Name of the College | Average Annual Fees |
|---|---|
| Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai | INR 4,91,000 |
| National Institute of Industrial Engineering - [NITIE], Mumbai | INR 7,03,000 |
| IIT Bombay - Indian Institute of Technology - [IITB], Mumbai | INR 50,000 |
| Mumbai University - [MU], Mumbai | INR 55,000 |
| Shreemati Nathibai Damodar Thackersey Women's University - [SNDT], Mumbai | INR 1,00,905 |
| Hansraj Jivandas College of Education, Mumbai | INR 6,600 |
| Vikas Night College of Arts Science and Commerce, Mumbai | - |
| Sasmira The Synthetic and Art Silk Mills Research Association - [SASMIRA], Mumbai | INR 1,99,000 |
| Institute of Distance & Open Learning | INR 17,625 (Total Fees) |
| National Institute of Securities Market | INR 3,10,000 |
Top MBA Colleges in Mumbai: Ranking
Rankings of the top colleges in India are released by various agencies every year. These agencies release different lists like Top MBA Colleges in India, Top MTech Colleges in India, etc. Based upon different parameters like Perception of the College, Placements, Teacher-Student Ratio, etc., these lists are also released for different cities and states in India.
Some of the top agencies in India releasing such lists are NIRF, India Today, Economic Times, etc. Listed below is the ranking of top MBA colleges in Mumbai with fees.
Top MBA Colleges in Mumbai with NIRF Ranking 2023
NIRF (National Institutional Ranking Framework) is the premier ranking agency in India and is run by the Ministry of Education, Government of India. It releases the ranking lists for different colleges in India divided into 8 categories. NIRF ranks a college based on various parameters like teaching, placement, etc. Below is the Infographic for various parameters:
The NIRF ranking has ranked the National Institute of Industrial Engineering as the best MBA college in Mumbai. The institute has secured 7th rank in India by the national ranking agency.
- Shailesh J. Mehta School of Management, IIT Bombay is ranked 10 with a NIRF score of 71.99 and is among the best private MBA colleges in India.
- SPJIMR Mumbai is ranked 20 followed by SVKM`s Narsee Monjee Institute of Management Studies at 21st place.
Tabulated below are the top MBA colleges in Mumbai ranked by NIRF Ranking 2023.
| NIRF Ranking 2023 | MBA Colleges in Mumbai | NIRF Score |
|---|---|---|
| 7 | National Institute of Industrial Engineering, Mumbai | 71.99 |
| 10 | Indian Institute of Technology Bombay | 68.11 |
| 20 | S.P. Jain Institute of Management & Research | 60.91 |
| 21 | SVKM`s Narsee Monjee Institute of Management Studies | 60.84 |
| 45 | K J Somaiya Institute of Management Studies and Research | 52.14 |
| 73 | Principal L N Welingkar Institute of Management Development and Research | 48.21 |
Top MBA Colleges in Mumbai with The Times Ranking
The Times is an English daily newspaper and digital media and the third-largest newspaper in India by circulation. It is one of the largest-selling English-language daily newspapers in the world. Together Optimal Media Solutions - The Times and Avance India have surveyed and released a list of Top Engineering colleges in India.
K.J. Somaiya Institute of Management Mumbai is the best MBA college in Mumbai, as per The Times ranking. Tabulated below are the top MBA colleges in Mumbai ranked by The Times.
| The Times Ranking | College Name |
|---|---|
| 7 | K.J. Somaiya Institute of Management, Mumbai |
| 22 | SIES Management Institutes, Navi Mumbai |
| 23 | N.L Dalmia Institute of Management Studies And Research, Mumbai |
| 26 | Universal Business School, Mumbai |
| 28 | Institute For Technology And Management, Kharghar, Navi Mumbai |
| 28 | MET Institute of Management, Bandra West, Mumbai |
| 35 | Amity Business School, Amity University, Mumbai |
| 36 | Durgadevi Saraf Institute of Management Studies, Mumbai |
| 55 | Aditya Institute of Management Studies And Research, Mumbai |
| 63 | Kohinoor Business School, Mumbai |
| 69 | D Y Patil (Deemed To Be University) School of Management, Navi Mumbai |
| 69 | Oriental Institute of Management, Navi Mumbai |
| 74 | Lala Lajpatrai Institute of Management, Mumbai |
| 82 | Vivekanand Education Society’s Business School, Mumbai |
| 82 | GNVS Institute of Management, GTB Nagar, Mumbai |
| 84 | Sasmira's Institute of Management Studies And Research, Mumbai |
| 119 | Vivekanand Education Society’s Institute of Management Studies And Research, Mumbai |
| 145 | Indira Institute of Business Management, Navi Mumbai |
Top MBA Colleges in Mumbai with India Today Ranking
India Today is the leading English news magazine & newspaper in India. It is one of the most popular newspapers in India and is published by Living Media India Limited every week. A marketing and research firm from Delhi named The Marketing & Development Research Associates (MDRA) and India Today in partnership conduct a college ranking survey. It ranked Indian colleges in fields like Science, Arts, Commerce, Management, Engineering, etc.
The infographic below depicts the weightage of these parameters used for the ranking of top Law colleges in India:
As per India Today's ranking, SPJIMR Mumbai is the best MBA college in Mumbai ranked at 4th place followed by NMIMS Mumbai at 9th place. Below is the list of top MBA colleges in Mumbai ranked by India Today.
- NITIE Mumbai, which wasn’t included in the list last year, is ranked 11th position in India now.
- KJ SIMSR Mumbai has secured 25th position, followed by L N Welingkar Institute of Management Development and Research and SIMSREE Mumbai at 39 and 80th place respectively.
- IES Management College and Research Center still rank at 144th position, but it has shown a tremendous improvement by 24.
- N L Dalmia Institute of Management Studies and Research and Atharva Institute of Management Studies are some other top MBA colleges in Mumbai ranked by India Today.
| College Name | India Today Ranking |
|---|---|
| SP Jain Institute of Management and Research (SPJIMR) | 4 |
| Narsee Monjee Institute of Management Studies (NMIMS) | 9 |
| National Institute of Industrial Engineering (NITIE) | 11 |
| K J Somaiya Institute of Management Studies and Research (KJ SIMSR) | 25 |
| L N Welingkar Institute of Management Development and Research | 33 |
| Sydenham Institute of Management Studies, Research, and Entrepreneurship Education (SIMSREE) | 39 |
| N L Dalmia Institute of Management Studies and Research | 80 |
| Universal Business School | 86 |
| IES Management College and Research Center | 144 |
| Atharva Institute of Management Studies | 171 |
Also, check:
Top MBA Colleges in Mumbai With Fees
The top MBA colleges in Mumbai offer MBA courses at average fees ranging between INR 50,000 to INR 23 lakhs. Given below is the list of top MBA colleges in Mumbai with fees.
| College/ University Name | Average Annual fees |
|---|---|
| Shailesh J. Mehta School of Management, IIT Bombay, Mumbai | INR 4,91,000 |
| S.P. Jain Institute of Management and Research, Mumbai | INR 20,42,000 (Total Fees) |
| Jamnalal Bajaj Institute of Management Studies -[JBIMS], Mumbai | INR 3,50,000 |
| National Institute of Industrial Engineering (NITIE), Mumbai | INR 7,03,000 |
| NMIMS School of Business Management, Mumbai | INR 71,000 |
| Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai | INR 6,50,000 |
| Jagdish Sheth School of Management - [JAGSOM], Mumbai | INR 22,40,000 (Total Fees) |
| K J Somaiya Institute of Management, Mumbai | INR 9,59,000 |
| Vivekanand Business School - [VBS], Mumbai | INR 4,50,000 |
| SIES School of Business Studies - [SIES SBS], Mumbai | INR 4,50,000 |
Top MBA Colleges in Mumbai with Low Fees
The average fees for pursuing MBA courses from the top MBA colleges in Mumbai can range between INR 55,000 - 23 Lakhs per year. Listed below are the top MBA colleges in Mumbai with low fees:
| College/ University Name | Average Annual fees |
|---|---|
| Indian School of Management & Studies - [ISMS], Mumbai | INR 44,900 (Total Fees) |
| Mumbai University - [MU], Mumbai | INR 50,000 (Total Fees) |
| K. J. Somaiya Comprehensive College of Education Training and Research - [KJSCE], Mumbai | INR 39,390 |
| Garware Institute of Career Education and Development - [GICED] | INR 71,000 |
| Indian Institute of Business Management and Studies - [IIBMS], Mumbai | INR 42,800 (Total Fees) |
| K. C. College of Management Studies - [KCCMS], Mumbai | INR 45,000 (Total Fees) |
| Kaizen School of Business Management - [KSBM], Mumbai | INR 39,900 (Total Fees) |
| Savitribai Phule Pune University - [SPPU], Mumbai | INR 18,500 (Total Fees) |
| Zenith Institute of Business Management - [ZIBM], Mumbai | INR 61,000 (Total Fees) |
| National Academy of Management Studies - [NAMS], Mumbai | INR 25,000 (Total Fees) |
Top MBA Colleges in Mumbai: ROI (Return on Investment)
ROI or Return on Investment tells how profitable it is to pursue a particular course from a particular college. Listed below are some of the top private MBA colleges in Mumbai ROI-wise.
| Name of the College | Course Fee (in INR) | Average Annual Package (In INR) |
|---|---|---|
| Shailesh J. Mehta School of Management, IIT Bombay | 8,67,000 | 21,96,000 |
| Prin. L. N. Welingkar Institute of Management Development and Research - Online Distance Learning Center | 17,250 | 8,61,000 |
| SPJIMR, Mumbai | 17,50,000 | 19,50,000 |
| National Institute of Industrial Engineering | 12,53,000 | 10,88,000 |
| Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS University, Mumbai | 20,87,000 | 15,00,000 |
*ROI Percentage={(Average Placement Package)/(Average Annual Fee)}
Top MBA Colleges in Mumbai Cutoff
Different colleges admit students on different bases like entrance exams and merit lists. Most of the colleges in Mumbai accept MAT scores and also give admission through CAT and CMAT. Listed below are some of the top MBA colleges in Mumbai with their cutoff scores.
| College/ University Name | Cutoff Details |
|---|---|
| Shailesh J. Mehta School of Management, IIT Bombay, Mumbai | Check Cutoff |
| National Institute of Industrial Engineering, Mumbai | Check Cutoff |
| S.P. Jain Institute of Management and Research, Mumbai | Check Cutoff |
| NMIMS School of Business Management, Mumbai | Check Cutoff |
| Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai | Check Cutoff |
| K J Somaiya Institute of Management, Mumbai | Check Cutoff |
| SIES School of Business Studies - [SIES SBS], Mumbai | Check Cutoff |
| Amity University, Mumbai | Check Cutoff |
| N.L. Dalmia Institute of Management Studies and Research, Mumbai | Check Cutoff |
| Vivekanand Business School (VBS), Mumbai | Check Cutoff |
Many of these colleges also offer MMS (Master of Management Studies) courses. If you are interested in that, check out the top 10 MMS Colleges in Mumbai.
Top MBA Colleges in Mumbai: Admission Process 2024
There are more than 127 MBA colleges in Mumbai, of which 110 are Private and 11 are Government MBA colleges in Mumbai. The chart below represents the ratio between the top public and private MBA colleges in Mumbai:
Admissions into most of the best MBA colleges in Mumbai are based on scores obtained by a candidate in MBA entrance exams such as CAT, MAHCET, XAT, MAT, etc. followed by a GD/ PI round. However, there are plenty of MBA colleges in Mumbai that offer merit-based admission, students are selected based on their graduation and 10+2 scores.
See More: CAT 2023 Results and Updates
Narsee Monjee Institute of Management Studies (NMIMS)
Narsee Monjee Institute of Management Studies (NMIMS) is one of the top 10 MBA colleges in India. The institute has campuses in multiple cities including Mumbai, Navi Mumbai, Pune, Chandigarh, Hyderabad, and Bangalore.
- NMIMS Mumbai has scored a 3.59 CGPA on the NAAC accreditation scale.
- The institute has been ranked as the 9th best B school by India Today rankings.
- In April 2018, NMIMS earned the AACSB Accreditation, earned by less than 5% of the world’s business schools.
- NMIMS’s MBA program is divided into 6 semesters.
- The course curriculum includes special classes for French, Spanish, and German languages to help students fetch better opportunities.
- The full NMIMS MBA program is 111 credits with 63 credits reserved for the first year and 45 for the second year. The remaining 3 credits are for the summer internship.
Check NMIMS Mumbai Courses and Fees Detail
The seat intake for NMIMS Mumbai MBA programs is given below:
The institute is done with its placements for the 2020-21 batch and also with the summer placements for the 2021-22 batch.
- 224 companies visited the NMIMS campus for summer placements while 148 companies came for the final placements.
- The highest package went to INR 38,57 LPA for domestic companies.
- The highest stipend for the summer placements has been INR 3 lakh.
The table below gives a comparison between the batch 2019 and 2020 of Narsee Monjee Mumbai.
| Batch | 2019 | 2020 |
|---|---|---|
| Gender Ratio (Male: Female) | 62:38 | 62:38 |
| Average Work Experience | 18 months | 18 months |
| Average Age | 23 years | 24 years |
| Professionally Certified Candidates | 312 | 312 |
In the past year trends for NMIMS Mumbai placements have improved tremendously. However, the institute offers multiple MBA courses. The course-wise placement comparison of NMIMS Mumbai MBA programs is shown in the graph below.
Source: Official Institute Website
NMIMS has established itself as one of the top MBA colleges in Mumbai. Thousands of students come here from different parts of the country. The percentage of students from different parts of India is 46% from West India, 31% from North India, 13% from East India, and 10% from South India.
Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay
Shailesh J. Mehta School of Management, IIT Bombay, Mumbai popularly known as SJMSOM Mumbai is one of the best Management colleges in India. SJMSOM IIT Bombay MBA admission 2024-26 will start soon. SJMSOM Joint EMBA admission 2024 is open and the last date to apply for the last round is November 15, 2023. CAT 2023 Admit Card will be released on November 7, 2023, and the exam is scheduled for November 26, 2023.
SJMSOM Placements 2023 Report
SJMSOM Placements 2023 is concluded with 100% placements. Students received 50% pre-placement offers. The highest number of students were placed in the FMCG / FMCD (24%) and Conglomerates & other sectors (25%).
- SJMSOM's average package increased by 11% to INR 28.88 LPA whereas SJMSOM's highest package stood at INR 54 LPA.
- Top Recruiters like DBS, JP Morgan Chase & Co, ICICI Bank, Nomura, Deloitte, Accenture Strategy, etc participated in SJMSOM Placements 2023.
Top MBA Colleges in Mumbai: Entrance Exam Wise
Admission to most MBA colleges in Mumbai is mainly based on entrance exams. The most popular MBA entrance exams in Mumbai are CAT, MAHCET, MAT, XAT, and CMAT. CAT exams are accepted by more than 45 MBA colleges in Mumbai for MBA admissions. To be eligible for admission, one must qualify for the entrance exam and may have to go through a group discussion or personal interview for final selection.
Different MBA colleges in Mumbai accept different entrance exams to admit students. The infographics below highlight the number of colleges accepting different entrance exams.
Top MBA Colleges in Mumbai through CAT
The Common Admission Test (CAT) is one of the most common MBA entrance exams and is conducted every year by IIMs throughout the country. The CAT registration 2024 is to begin by the first week of August 2024. Before registration, CAT notification will be released by the last week of July 2024.
Following is a list of top MBA colleges in Mumbai accepting CAT:
- Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai
- SP Jain Institute of Management and Research - [SPJIMR], Mumbai
- Jamnalal Bajaj Institute of Management Studies -[JBIMS], Mumbai
- National Institute of Industrial Engineering - [NITIE], Mumbai
- Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai
- Athena School of Management, Mumbai
- K J Somaiya Institute of Management, Mumbai
- SIES School of Business Studies - [SIES SBS], Mumbai
- Atharva Institute of Management Studies - [AIMS], Mumbai
- Vivekanand Business School - [VBS], Mumbai
Out of the list of top MBA colleges in Mumbai, 41 have accepted the score of CAT so far. Some of these institutes also accept scores of certain different management entrance tests.
MBA Colleges in Mumbai without CAT
Many MBA colleges in Mumbai offer direct admissions on a merit basis. Apart from CAT, several MBA colleges in Mumbai admit students through different entrance exams such as MAT, XAT, MAHCET, CMAT, etc. More than 36 MBA colleges in Mumbai accept MAH CET and 34 colleges accept XAT scores. Tabulated below are the top MBA colleges in Mumbai without CAT.
- Kohinoor Business School - [KBS], Mumbai
- BSE Institute Limited - [BIL], Mumbai
- Thadomal Shahani Centre For Management - [TSCFM], Mumbai
- Guru Nanak Institute of Management Studies - [GNIMS], Mumbai
- Chetana's Institute of Management and Research - [CIMR], Mumbai
Top MBA Colleges in Mumbai Accepting MAT
The last date to submit MAT 2024 application form is Feb 20 for the PBT exam and March 5 for the CBT exam. The MAT 2024 exam dates for the PBT and CBT mode exams are February 25 and March 10, 2024, respectively. Check MAT College Predictor 2024
Some of the Best MBA Colleges in Mumbai Accepting MAT are listed below:
- Amity University, Mumbai
- Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai
- Aditya Institute of Management Studies and Research - [AIMSR], Mumbai
- Kohinoor Business School - [KBS], Mumbai
-
Chetana's Institute of Management and Research - [CIMR], Mumbai
Top MBA Colleges in Mumbai through CET
MAH CET exam is commonly known as MAH MBA/MMS-CET or MAH-CET. MAH CET 2024 is a computer-based exam which is held for 2 hours. There will be 200 questions, each carrying 200 marks. MAH CET exam is conducted in English medium only. Check MAH CET Exam Pattern 2024
- MAH CET 2024 exam will be held on the 23rd & 24th of March 2024.
- MAH CET 2024 Application is most likely to be out by the 4th week of February 2024.
- MAH CET 2023 cut-off is expected to be above the 99 percentile for top MBA colleges like JBIMS, SIMSREE, PUMBA, and Prin L.N Welingkar Institute of Management Development and Research. Check MAH CET Cut off for Top Colleges
Following is a list of top MBA colleges in Mumbai through CET:
- Jamnalal Bajaj Institute of Management Studies -[JBIMS], Mumbai
- SIES School of Business Studies - [SIES SBS], Mumbai
- IES's Management College and Research Centre - [IES MCRC], Mumbai
- Atharva Institute of Management Studies - [AIMS], Mumbai
- Universal Business School - [UBS], Mumbai
Candidates who secure a place in the merit list released are eligible to participate in the counseling procedures of different management colleges. MAH CET result is valid for 1 year and the application fee is INR 1,000 for General category students.
Top MBA Colleges in Mumbai without Entrance Exam
In Mumbai, numerous MBA colleges provide direct admissions. Merit-based admissions are available, which are determined by the applicant's scores in 10+2 or graduation, as well as possibly a GD/PI round. The following is a list of the finest MBA colleges in Mumbai that do not require an entrance exam.
- A.C Patil College of Engineering
- Aditya Institute of Management Study and Research
- Aruna Manharlal Shah Institute of Management and Research
- Atharva Institute of Management Studies
- Durgadevi Saraf Institute of Management Studies
- Evolve Business School
- FOSTIIMA Business School
- GNVS Inst. of Management
- MET Institute Management
- Rustomjee Business School
Top MBA Colleges in Mumbai: Placement Wise
The top MBA colleges in Mumbai offer lucrative placement opportunities and high ROI. Mumbai is India's major city and home to several top-notch MNCs. Every year several of these companies participate in the placement drive of the top MBA colleges in Mumbai and recruit graduates. NMIMS Mumbai is one of the top private MBA colleges in India and it offers the highest MBA Placement in Mumbai which stands at INR 57.65 LPA.
Check out the highest and average placement packages of some of the best MBA colleges in Mumbai in the infographics below.
Source: Official Websites
Popular recruiters in these institutes include:
| Kotak Mahindra Group | Boston Consulting Group | Bajaj Auto |
| PricewaterhouseCoopers | Barclays Capital | Bharati Airtel |
| Reserve Bank of India | Bloomberg | L’Oreal Paris |
| National Stock Exchange | Bank of America | IBM |
| UBS | Godrej | Hindustan Unilever |
The stream in the MBA you choose matters a lot and depends on the college as various colleges have reputations for specific streams. Check the top MBA colleges in Mumbai stream-wise by clicking on the links below:
- Top MBA colleges in Mumbai for Finance
- Top MBA colleges in Mumbai for HR
- Top MBA colleges in Mumbai for Marketing
- Top MBA colleges in Mumbai for Operations Management
- Top MBA colleges in Mumbai for IT
- Top MBA colleges in Mumbai for Business Analytics
Top MBA Colleges in Mumbai For Marketing
MBA Marketing is a quite popular MBA specialization, it deals with the study of branding, advertising, marketing strategies, and how to manage resources that are used in marketing. MBA Marketing opens a door to job opportunities like Marketing Manager, Marketing Executive, etc.
Some of the top MBA colleges in Mumbai for marketing are:
- Narsee Monjee Institute of Management Studies
- SJMSOM Mumbai
- SP Jain Institute of Management and Research
- K J Somaiya Institute of Management
- Chetana's Institute of Management and Research
- Amity University, Mumbai
- ISME School of Management & Entrepreneurship, Mumbai
- Kohinoor Business School, Mumbai
- ATLAS SkillTech University
- Vivekanand Business School, Mumbai
The average package in top MBA colleges in Mumbai for Marketing ranges from INR 6-8 lakh.
Top MBA Colleges in Mumbai For Finance
MBA Finance is one of the toughest MBA specializations. Around 44 MBA colleges in Mumbai offer MBA Finance courses. The course imparts knowledge related to various aspects of Finance like control, management, assessment of collection, investment, and resources. Below is a list of the top MBA colleges in Mumbai for Finance:
- SJMSOM Mumbai
- SP Jain Institute of Management and Research
- Jamnalal Bajaj Institute of Management Studies
- Narsee Monjee Institute of Management Studies
- Prin. L. N. Welingkar Institute of Management Development & Research
- N. L. Dalmia Institute of Management Studies and Research
- Universal Business School
- Amity University, Mumbai
- Guru Nanak Institute of Management Studies
- K. C. College of Management Studies
Top MBA Colleges in Mumbai For HR
MBA in Human Resources Management aims to provide knowledge about organizational behavior, management principles, recruiting and guidance of workforce, etc. There are around 36 MBA colleges in India offering MBA HRM.
- 72% of companies worldwide believe that HR is an important element responsible for the proper functioning of the organization.
- 83% of companies in South Asia have prioritized HR tech advancements.
- The global HR sector is expected to reach $30 billion by 2025.
Some of the top MBA colleges in Mumbai for HR are:
- Jamnalal Bajaj Institute of Management Studies
- Narsee Monjee Institute of Management Studies
- Prin. L.N. Welingkar Institute of Management Development and Research
- K. J. Somaiya Institute of Management Studies and Research
- Shailesh J. Mehta School of Management, IIT Bombay, Mumbai
- Universal Business School
- Amity University, Mumbai
- Kohinoor Business School, Mumbai
- Rustomjee Business School, Mumbai
- Vivekanand Business School, Mumbai
The average package in top MBA colleges in Mumbai for HR ranges from INR 5-7 lakh.
Also, Check,
Top MBA Colleges in Mumbai: FAQs
Ques. Which is the best MBA college in Mumbai?
Ans. Below is a list of the best MBA colleges in Mumbai:
- Jamnalal Bajaj Institute of Management Studies-JBIMS
- Shailesh J. Mehta School of Management, IIT Bombay
- National Institute of Industrial Engineering-NITIE
- SP Jain Institute of Management and Research-SPJIMR
- Amity Global Business School
Ques. Is the MBA losing its value?
Ans. Due to an enormous number of students pursuing an MBA every year, the course’s value has deviated a bit, but still, an MBA is one of the most sought-after courses by recruiters in the corporate world.
Ques. Which college is best for Finance in Mumbai?
Ans. Jamnalal Bajaj Institute of Management Studies has a good reputation for its MBA Finance course.
Ques. Is Amity Mumbai good for an MBA?
Ans. Amity Mumbai offers students world-class infrastructure and highly sophisticated education for the MBA course. However, education at Amity Mumbai is a bit expensive.
Ques. Is SP Jain and SPJIMR the same?
Ans. Yes, they are. The full form of SPJIMR is SP Jain Institute of Management and Research.
Ques. How can I get a scholarship for an MBA?
Ans. Many organizations and institutes offer scholarships for MBA programs. 2 best ways to get a scholarship are:
- A good score on the entrance test.
- Extensive research work in a particular field.
Ques. Which MBA gives the highest salary?
Ans. MBA Business Analytics and MBA Marketing are some of the most rewarding MBA specializations.
Ques. Is ISB better than IIM?
Ans. ISB and IIM, have established themselves as the premier management institutes in India. What separates them is the fact that ISB Hyderabad asks for a 5-year pre-MBA experience from applicants. Whereas, IIMs don’t keep any such criterion.
Ques. Which IIT is best for an MBA?
Ans. SJMSOM-IIT Bombay offers a very good MBA course for students. The institute has been ranked No. 4 in the world by QS World Rankings. The average CTC offered remains above INR 20 lakh.
Ques. Which private college is best for an MBA?
Ans. Following is a list of some of the best private MBA colleges in Mumbai:
- Jamnalal Bajaj Institute of Management Studies-JBIMS
- SP Jain Institute of Management and Research-SPJIMR
- Amity Global Business School
- K J Somaiya Institute of Management Studies and Research
- SIES College of Management Studies
Ques. Can I do an MBA after B.Com.?
Ans. Yes, you can do an MBA after pursuing a B.Com. course.
Ques. Does SP Jain have HR?
Ans. SP Jain offers PGPM in Marketing, Finance, and Operations Management.
Ques. Is IBS AICTE approved in Mumbai?
Ans. No. ISB Mumbai has not been approved by AICTE.
Ques. What are the fees for the CAT exam?
Ans. The registration fees for CAT 2019 are INR 1900 for General and OBC candidates and INR 950 for SC/ST/PWD candidates.
Found 137 colleges
| CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
|---|---|---|---|---|---|
![Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM] logo](https://images.collegedunia.com/public/college_data/images/logos/1438144832jojojoj.jpg?tr=h-43,w-43,c-force) Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai Mumbai, Maharashtra | ₹ 4,91,100MBA/PGDM- 1st Year FeesCompare Fees | ₹ 28,88,000Average Package₹ 54,00,000Highest PackageCompare Placement | 8.9 / 10 Based on 9 User ReviewsBest in Infrastructure | #13th/179 in India  2020 | |
![SP Jain [SPJIMR] logo](https://images.collegedunia.com/public/college_data/images/logos/1667475461Untitled.png?tr=h-43,w-43,c-force) SP Jain [SPJIMR], Mumbai Mumbai, Maharashtra | ₹ 20,42,000MBA/PGDM- total feesCompare Fees | ₹ 33,02,000Average Package₹ 77,88,000Highest PackageCompare Placement | #5th/272 in India  2023 | ||
 JBIMS, Mumbai Mumbai, Maharashtra | ₹ 3,50,000MBA/PGDM- 1st Year FeesCompare Fees | ₹ 27,63,000Average Package₹ 44,00,000Highest PackageCompare Placement | 8.2 / 10 Based on 40 User ReviewsBest in Placements | #22th/272 in India 2023 | |
| ₹ 11,95,000MBA/PGDM- 1st Year FeesCompare Fees | ₹ 26,63,000Average Package₹ 67,80,000Highest PackageCompare Placement | 7.4 / 10 Based on 45 User ReviewsBest in Academics | #10th/272 in India 2023 |
![Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University] logo](https://images.collegedunia.com/public/college_data/images/logos/1506323004Logo.jpg?tr=h-43,w-43,c-force)
![Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University] logo](https://images.collegedunia.com/public/college_data/images/logos/1506323004Logo.jpg?tr=h-25,w-25,c-force)
| CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
|---|---|---|---|---|---|
 IIM Mumbai - Indian Institute of Management, Mumbai Mumbai, Maharashtra | ₹ 13,43,000MBA/PGDM- total feesCompare Fees | ₹ 27,75,000Average Package₹ 78,20,000Highest PackageCompare Placement | 4.5 / 10 Based on 14 User ReviewsBest in Placements | #12th/292 in India 2020 | |
| ₹ 6,50,000MBA/PGDM- 1st Year Fees | ₹ 12,25,000Average Package₹ 24,00,000Highest Package | 8.1 / 10 Based on 10 User ReviewsBest in Academics | #39th/272 in India 2023 | ||
 KJ Somaiya, Mumbai Mumbai, Maharashtra | ₹ 9,59,100MBA/PGDM- 1st Year FeesCompare Fees | ₹ 12,32,000Average Package₹ 25,96,000Highest PackageCompare Placement | 8.1 / 10 Based on 10 User ReviewsBest in Infrastructure | #25th/272 in India 2023 | |
![SIES School of Business Studies - [SIES SBS] logo](https://images.collegedunia.com/public/college_data/images/logos/1610432270Screenshot20210112114631.png?tr=h-43,w-43,c-force) SIES School of Business Studies - [SIES SBS], Mumbai Mumbai, Maharashtra | ₹ 7,00,000MBA/PGDM- total feesCompare Fees | ₹ 8,70,000Average Package₹ 23,00,000Highest PackageCompare Placement | #51th/284 in India 2019 |
![Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool] logo](https://images.collegedunia.com/public/college_data/images/logos/1610520048logo3.png?tr=h-43,w-43,c-force)
![Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool] logo](https://images.collegedunia.com/public/college_data/images/logos/1610520048logo3.png?tr=h-25,w-25,c-force)
Top Collections for MBA/PGDM
| CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
|---|---|---|---|---|---|
![N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR] logo](https://images.collegedunia.com/public/college_data/images/logos/1687938320DalmiaInstituteNewLogo011234.png?tr=h-43,w-43,c-force) N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR], Mumbai Mumbai, Maharashtra | ₹ 7,35,000MBA/PGDM- 1st Year Fees | -- | -- | #78th/272 in India 2023 | |
![IES's Management College and Research Centre - [IES MCRC] logo](https://images.collegedunia.com/public/college_data/images/logos/15754459971456129244344610logo.png?tr=h-43,w-43,c-force) IES's Management College and Research Centre - [IES MCRC], Mumbai Mumbai, Maharashtra | ₹ 4,60,000MBA/PGDM- 1st Year Fees | ₹ 7,50,000Average Package₹ 10,00,000Highest Package | #178th/268 in India 2021 | ||
![Atharva Institute of Management Studies - [AIMS] logo](https://images.collegedunia.com/public/college_data/images/logos/1589371942aimslogoweb.jpg?tr=h-43,w-43,c-force) Atharva Institute of Management Studies - [AIMS], Mumbai Mumbai, Maharashtra | ₹ 1,48,000MBA/PGDM- 1st Year Fees | ₹ 12,00,000Highest Package | #243th/272 in India 2023 | ||
 Alkesh Dinesh Mody Institute for Financial and Management Studies, Mumbai Mumbai, Maharashtra | --MBA/PGDM | -- | -- | #176th/272 in India 2023 |
![IES's Management College and Research Centre - [IES MCRC] logo](https://images.collegedunia.com/public/college_data/images/logos/15754459971456129244344610logo.png?tr=h-25,w-25,c-force)
| CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
|---|---|---|---|---|---|
 TISS Tata Institute of Social Sciences, Mumbai Mumbai, Maharashtra | ₹ 1,00,000MBA/PGDM- total feesCompare Fees | ₹ 27,22,000Average Package₹ 49,00,000Highest PackageCompare Placement | #19th/50 in India  2019 | ||
![Chetana's Institute of Management and Research - [CIMR] logo](https://images.collegedunia.com/public/college_data/images/logos/1583739091CIMRLogo.png?tr=h-43,w-43,c-force) Chetana's Institute of Management and Research - [CIMR], Mumbai Mumbai, Maharashtra | ₹ 3,85,000MBA/PGDM- 1st Year Fees | ₹ 5,50,000Average Package₹ 10,00,000Highest Package | #82th/214 in India 2023 | ||
 Amity University, Mumbai Mumbai, Maharashtra | ₹ 4,72,000MBA/PGDM- 1st Year FeesCompare Fees | -- | 6.2 / 10 Based on 3 User ReviewsBest in Social Life | #102th/125 in India  2022 | |
![ICFAI Business School - [IBS] logo](https://images.collegedunia.com/public/college_data/images/logos/1569392001IBSLogowithR1.jpg?tr=h-43,w-43,c-force) ICFAI Business School - [IBS], Mumbai Mumbai, Maharashtra | ₹ 9,09,000MBA/PGDM- total feesCompare Fees | ₹ 8,17,000Average Package₹ 18,80,000Highest PackageCompare Placement | 7.7 / 10 Based on 2 User ReviewsBest in Faculty | #71th/179 in India 2020 |
![Chetana's Institute of Management and Research - [CIMR] logo](https://images.collegedunia.com/public/college_data/images/logos/1583739091CIMRLogo.png?tr=h-25,w-25,c-force)
![ICFAI Business School - [IBS] logo](https://images.collegedunia.com/public/college_data/images/logos/1569392001IBSLogowithR1.jpg?tr=h-25,w-25,c-force)
| CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
|---|---|---|---|---|---|
![Jagdish Sheth School of Management - [JAGSOM] logo](https://images.collegedunia.com/public/college_data/images/logos/1637043794logo.jpg?tr=h-43,w-43,c-force) Jagdish Sheth School of Management - [JAGSOM], Mumbai Mumbai, Maharashtra | ₹ 22,40,000MBA/PGDM- total fees | ₹ 10,21,000Average Package₹ 16,00,000Highest Package | -- | -- | |
![National Academy of Event Management & Development- [NAEMD] logo](https://images.collegedunia.com/public/college_data/images/logos/1476960511logo 12.jpg?tr=h-43,w-43,c-force) National Academy of Event Management & Development- [NAEMD], Mumbai Mumbai, Maharashtra | ₹ 2,03,000MBA/PGDM- 1st Year Fees | -- | #36th/100 in India 2024 | ||
 Athena School of Management, Mumbai Mumbai, Maharashtra | ₹ 6,75,000MBA/PGDM- 1st Year FeesCompare Fees | -- | -- | ||
![International Institute of Sports Management - [IISM] logo](https://images.collegedunia.com/public/college_data/images/logos/16250488971519935564892.png?tr=h-43,w-43,c-force) International Institute of Sports Management - [IISM], Mumbai Mumbai, Maharashtra | ₹ 3,90,000MBA/PGDM- total fees | ₹ 3,54,000Average Package₹ 7,84,000Highest Package | -- |
![Jagdish Sheth School of Management - [JAGSOM] logo](https://images.collegedunia.com/public/college_data/images/logos/1637043794logo.jpg?tr=h-25,w-25,c-force)
| CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
|---|---|---|---|---|---|
![ISME School of Management & Entrepreneurship - [ISME] logo](https://images.collegedunia.com/public/college_data/images/logos/1575969451Forwebsite021.jpg?tr=h-43,w-43,c-force) ISME School of Management & Entrepreneurship - [ISME], Mumbai Mumbai, Maharashtra | ₹ 5,45,000MBA/PGDM- 1st Year Fees | ₹ 11,00,000Average Package₹ 1,20,00,000Highest Package | -- | ||
 NIEM The Institute of Event Management, Mumbai Mumbai, Maharashtra | ₹ 1,40,000MBA/PGDM- total fees | -- | -- | ||
![Thakur Institute of Management Studies and Research - [TIMSR] logo](https://images.collegedunia.com/public/college_data/images/logos/1611993518timsr.jpg?tr=h-43,w-43,c-force) Thakur Institute of Management Studies and Research - [TIMSR], Mumbai Mumbai, Maharashtra | ₹ 69,219MBA/PGDM- 1st Year Fees | ₹ 5,70,000Average Package₹ 11,25,000Highest Package | #214th/292 in India 2020 | ||
![St. Francis Institute of Management and Research - [SFIMAR] logo](https://images.collegedunia.com/public/college_data/images/logos/1466747959Capture.png?tr=h-43,w-43,c-force) St. Francis Institute of Management and Research - [SFIMAR], Mumbai Mumbai, Maharashtra | ₹ 3,27,720MBA/PGDM- 1st Year Fees | -- | #13th/16 in India 2019 |
| CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
|---|---|---|---|---|---|
![BSE Institute Limited - [BIL] logo](https://images.collegedunia.com/public/college_data/images/logos/1530513020Logo.jpg?tr=h-43,w-43,c-force) BSE Institute Limited - [BIL], Mumbai Mumbai, Maharashtra | ₹ 3,54,000MBA/PGDM- total fees | -- | -- | -- | |
 Aegis School of Business and Telecommunication, Mumbai Mumbai, Maharashtra | ₹ 7,50,000MBA/PGDM- total fees | -- | -- | ||
![Garware Institute of Career Education and Development - [GICED] logo](https://images.collegedunia.com/public/college_data/images/logos/1501659561garwarelogo.png?tr=h-43,w-43,c-force) Garware Institute of Career Education and Development - [GICED], Mumbai Mumbai, Maharashtra | ₹ 71,000MBA/PGDM- 1st Year Fees | -- | 7.3 / 10 Based on 1 User ReviewsBest in Placements | -- | |
 ICRI, Mumbai Mumbai, Maharashtra | ₹ 2,66,000MBA/PGDM- 1st Year Fees | -- | -- |
![BSE Institute Limited - [BIL] logo](https://images.collegedunia.com/public/college_data/images/logos/1530513020Logo.jpg?tr=h-25,w-25,c-force)
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