Top 10 MBA/PGDM Colleges in Mumbai: Admission, Placement, Fee

11 Jan Top 10 MBA/PGDM Colleges in Mumbai: Admission, Placement, Fee

The best MBA institutions in Mumbai have spread numerous career prospects to their students, making them the commercial center of education in management, technology, and related fields in India. Numerous MBA and PGDM management courses are offered by these colleges. There are currently 164 MBA/PGDM colleges in the city, comprising 10 government and 154 private institutions.

Some of the top and prestigious MBA/PGDM colleges in Mumbai offering management degree include DSIMS, DSGS, Narsee Monjee Institute of Management Studies, IISM Mumbai, Jamnalal Bajaj Institute of Management Studies, National Institute of Industrial Engineering, SPJIMR Mumbai, IBS Business School, Principal LN Welingkar Institute of Management Development & Research Mumbai, SJMSOM Mumbai and many more.

In order to admit students for management education, many MBA/PGDM colleges use entrance tests like the MAT, XAT, CAT, CMAT, GMAT, ATMA, etc. In addition, the state’s MBA entrance exam, known as the MAH CET, is required for enrollment in Mumbai’s MBA and PGDM colleges. We are going to learn about the MBA/PGDM admissions process, cost breakdown, and placement package in this article.

Top 10 MBA/PGDM Colleges in Mumbai

Durgadevi Saraf Institute of Management Studies

Ranked 197th by India Today and 118thby Outlook.

Admission Process: Must have qualified graduation and MAH CET/CAT/XAT/GMAT/MAT/CMAT entrance test.

Total Course Fee: INR 7.22 lakhs

Avg. Placement Package: INR 5.6 LPA

SP Jain Institute of Management and Research

Ranked 4thby India Today and 2nd by Outlook.

Admission Process: Should have qualified graduation and CAT/XAT/MAT/GMAT entrance test.

Total Course Fee: INR 19 lakhs

Avg. Placement Package: INR 26.36 LPA

Narsee Monjee Institute of Management Studies

Ranked 9th by India Today and 4th by Outlook.

Admission Process: Should have qualified graduation and NMAT/GMAT entrance test.

Total Course Fee: INR 6 lakhs

Avg. Placement Package: INR 18 LPA

National Institute of Industrial Engineering

Ranked 11th by India Today and 16thby Outlook.

Admission Process: Should have qualified graduation and CAT/GMAT entrance test.

Total Course Fee: INR 14 lakhs

Avg. Placement Package: INR 20.8 LPA

KJ Somaiya Institute of Management

Ranked 25th by India Today and 24th by Outlook.

Admission Process: Should have qualified graduation and CAT/MAT/GMAT entrance test.

Total Course Fee: INR 8.17 lakhs

Avg. Placement Package: INR 10.8 LPA

Principal LN Welingkar Institute of Management Development & Research

Ranked 33rd by India Today and 40thby Outlook.

Admission Process: Must have qualified graduation and CAT/CMAT/XAT/GMAT/ATMA entrance test.

Total Course Fee: INR 11 lakhs

Avg. Placement Package: INR 8.24 LPA

SIES College of Management Studies

Ranked 51st by India Today and 88thby Outlook.

Admission Process: Must have qualified graduation and MAH CET/CAT entrance test.

Total Courses Fee: INR 9 lakhs

Avg. Placement Package: INR 8.14 LPA

NL Dalmia Institute of Management Studies & Research

Ranked 80th by India Today and 80th by Outlook.

Admission Process: Must have qualified graduation and MAH CET/CAT/XAT/CMAT entrance test.

Total Course Fee: INR 9.30 lakhs

Avg. Placement Package: INR 9 LPA

IES’s Management College & Research Centre

Ranked 144th by India Today and 94thby Outlook.

Admission Process: Must have qualified graduation and CAT/MAT/GMAT/XAT/CMAT entrance test.

Total Course Fee: INR 8 lakhs

Avg. Placement Package: INR 6.4 LPA

Jamnalal Bajaj Institute of Management Studies

Ranked 23rd by India Today and 14thby Outlook.

Admission Process: Must have qualified graduation and MAH CET/CAT/CMAT entrance test.

Total Course Fee: INR 6 lakhs

Avg. Placement Package: INR 18 LPA

List of top private and public MBA/PGDM colleges in Mumbai based on Fees

Private Colleges

Kohinoor Business School (5.5 lakhs)

DY Patil University’s School of Management (8.4 lakhs)

M Visvesvaraya Institute of Management Studies and Research (4.6 lakhs)

GNVS Institute of Management (3.5 lakhs)

Public Colleges

Shailesh J Mehta School of Management (9.32 lakhs)

Bombay Stock Exchange Institute (6.61 lakhs)

National Institute of Industrial Engineering (14 lakhs)

Tata Institute of Social Sciences (2.10 lakhs)

Sasmira’s Institute of Management Studies and Research (3.80 lakhs)

Top MBA/PGDM colleges in Mumbai based on Placement Packages

Narsee Monjee Institute of Management Studies: INR 18 LPA

SP Jain Institute of Management and Research: INR 26 LPA

KJ Somaiya Institute of Management: INR 10 LPA

Sydenham Institute of Management Studies, Research & Entrepreneurship Education: INR 11 LPA

LN Welingkar Institute of Management Development and Research: INR 8 LPA

TOP 10 MBA/PGDM COLLEGES IN MUMBAI: ADMISSION, PLACEMENT, FEE FAQs

Q. Which is the top 10 colleges for MBA?
Here is the list of the top 10 MBA colleges in India:
1. IIM Bangalore
2. IIM Calcutta
3. DSGS Mumbai
4. IIM Lucknow
5. FMS Delhi
6. SPJIMR Mumbai
7. XLRI, Jamshedpur
8. IIM Indore
9. MDI – Gurgaon
10. IIM Ahmedabad

Q. What is the highest package for MBA in Mumbai?
The cost of the two-year MBA program at IIM Mumbai (NITIE) is INR 14,63,000. The highest package offered for the batch of 2023 was INR 78.20 LPA, while the average package was INR 27.75 LPA.

Q. What are the top 5 MBA branch?
The most popular MBA courses or mba specialization subjects are:
MBA In Finance.
MBA In Marketing.
MBA In International Management.
MBA In Entrepreneurship.

Q. Is MBA very costly?
The full-time MBA programme in India costs between INR 20,000 to INR 40 lakh. While MBA programs offered by government schools and universities are reasonably priced, those offered by private institutions are more costly.