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Top 10 MBA Colleges in Mumbai: Admission 2025, Fee, Placement Details
Mumbai, also known as the financial hub of India, has emerged as one of the most popular destinations for pursuing an MBA because of its dynamic industry presence, world-class institutions, and huge placement opportunities. The city is has over 190 MBA colleges, with privately institutions and government colleges. These institutes accept scores from national-level entrance exams such as CAT, XAT, and CMAT, among others.
Some of the popular names among the top MBA colleges in Mumbai include
- IIM Mumbai
- SPJIMR Mumbai
- KJ Somaiya Institute of Management
- SP Jain Institute of Management and Research (SPJIMR),
- BITSoM (Birla Institute of Technology and Science School of Management),
If you want to pursue MBA program in Mumbai, this article provides a comprehensive overview of the top business schools in the city along with key information to help you make an informed choice.
List of Top 10 MBA/PGDM Colleges in Mumbai
There are vast of Management Institutions in Mumbai that offers MBA and PGDM Course, we have compiled the list of top 10 MBA Colleges in Mumbai that you should consider, These colleges are known for their robust academic curriculum, experienced faculty, and strong industry interface.
The average fee for MBA programs in top Mumbai colleges typically ranges from INR 6 lakhs to INR 28 lakhs, depending on the institute, specialization, and facilities provided.
Given below is list of top 10 Best MBA and PGDM Colleges in Mumbai along with their total fees
| Institutions Name | Course | Total Fee |
| IMM Mumbai | MBA | ₹14 Lakh |
| SPJIMR Mumbai | PGDM | ₹14.5l-24 l |
| KJ Somaiya Institute of Management | MBA | ₹13.48-21.34L |
| LN Welingkar Mumbai | PGDM | ₹14 Lakh |
| NMIMS Mumbai | MBA | ₹25Lakh |
| ITM Business School | MBA | ₹12.45 Lakh |
| SIES Mumbai | PGDM | ₹5.2-7 Lakh |
| Universal AI University | MBA/PGDM | ₹8.58l-16.28 L |
| DPU Mumbai | MBA | ₹9.5L-10 L |
| Bharti Vidyapeeth | MBA | ₹2.03Lakh |
Disclaimer: Sourced from the official website; details may be updated
NIRF Ranked MBA Colleges in Mumbai
| Colleges Name | NIRF 2024 | Total Fee |
| IIM Mumbai | 6 | INR 14 lakh |
| SPJIMR | 20 | INR 24 lakh |
| KJ Somaiya Institute of Management | 63 | INR 21 lakh |
| Welingkar Mumbai | 84 | INR 14 lakh |
Disclaimer: Sourced and verified from the official website of NIRF Ranking for accuracy.
Private MBA Colleges in Mumbai
Given below is list of best private MBA Colleges in Mumbai along with their respective fees
| Institution Name | Total Fees |
| SP Jain [SPJIMR], Mumbai | ₹22.5 Lakh |
| JBIMS Mumbai, | ₹7 Lakh |
| NMIMS Mumbai | ₹25 Lakh |
| KJ Somaiya Institute of Management, | ₹21.40 Lakh |
| SIESSBS, Mumbai | ₹8 Lakh |
| Amity University, Mumbai | ₹4.70 Lakh |
| KBS, Mumbai | ₹7 Lakh |
Disclaimer: Sourced and verified from the official website for accuracy.
Govt. MBA Colleges in Mumbai
Given below is list of best government MBA Colleges in Mumbai along with their respective fees
| Name of the College | Average Fees |
| IIT Bombay – Indian Institute of Technology, Mumbai | INR 1,00,000 |
| National Institute of Industrial Engineering, Mumbai | INR 14,06,000 |
Shailesh J. Mehta School of Management, Mumbai | INR 9,18,000 |
| Mumbai University, Mumbai | INR 1,10,000 |
| Hansraj Jivandas College of Education, Mumbai | INR 13,200 |
Shreemati Nathibai Damodar Thackersey Women’s University , Mumbai | INR 2,00,905 |
Disclaimer: Sourced and verified from the official website for accuracy.
Best MBA Colleges in Mumbai Low fee
Listed below is table of Best Low Budget MBA Colleges in Mumbai
| College Name | Total fees |
| ISMS, Mumbai | INR 44,900 |
| KCCMS, Mumbai | INR 45,000 |
| Savitribai Phule Pune University, Mumbai | INR 18,500 |
KJSCE, Mumbai | INR 39,390 |
| Mumbai University, Mumbai | INR 50,000 |
Best Online/Distance MBA Colleges in Mumbai
Listed below is table of Best Online MBA Colleges in Mumbai with fee
| College Name | Total fees |
| Amity Online MBA | INR 1.99 Lakh |
| DY Patil Online MBA | INR 1.89 Lakh |
| IGNOU MBA | INR 65.500 |
| INR 3 Lakh | |
| SPJIMR MBA | INR 12 Lakh |
Disclaimer: Sourced from the official website; details may be updated
Explore more about MBA Colleges in other Location
Best MBA Colleges in Mumbai- Ranking, Approvals, Exams, Fee, Packages
1. Institute of Management Mumbai
MBA [3 Electives]
CAT
300
₹14 L
₹33.70 LPA
₹54.20 LPA
2. SP Jain Institute of Management and Research, Mumbai
PGDM [3 Electives]
CAT, GMAT
120-240
₹14.5 L - 24 L
₹32 LPA
₹81 LPA
3. K J Somaiya Institute of Management
MBA [3 Electives]
CAT XAT NMAT CMAT MAT ATMA CUET
30-600
₹13.48 L - 21.34 L
₹12.45 LPA
₹28.25 LPA
4. Prin. L. N. Welingkar, Mumbai
PGDM [9 Courses]
CAT XAT ATMA CMAT
60-3600
₹94.4 K - 14 L
₹12 LPA
₹40 LPA