Top colleges in Mumbai for MBA

Top colleges in Mumbai for MBA

Students who want to pursue an MBA in Mumbai often ask a lot of questions. Although there are many top colleges in Mumbai for MBA with low fees, most students end up choosing average colleges that limit their ability to advance in their careers. Therefore, we advise you to choose from the top colleges in Mumbai for MBA for a successful career.

You must be curious about top colleges in Mumbai with fee structure. How can I locate the top colleges in Mumbai for MBA? If you think this is too simple, you can skip to the sections where we discuss the MBA admissions process. However, if want to go deep into the topic, keep reading.

Why pursue an MBA? 

MBA is one of the most sought-after postgraduate programs among graduate students. All stream graduates are eligible to apply for MBA admission at top colleges in Mumbai for MBA. It gives you skills and knowledge that are in high demand in the field of management. Many companies heavily rely on top Colleges in Mumbai for MBA placement to meet their workforce needs. Therefore, MBA courses offer a huge potential for students to lead a successful career in management. An MBA serves as a springboard for many students in Mumbai and Greater Mumbai. In Mumbai and Greater Mumbai, numerous top colleges in Mumbai for MBA provide MBA courses for all prospective employees. MBA jobs in Mumbai are among the most high-paying jobs in almost every industry.

Why an MBA in Mumbai?

Mumbai is one of the most popular locations for students wishing to pursue MBA courses in recent years. This is due to several factors, including the fact that top colleges in Mumbai for MBA with fee structure are developing really nice facilities, offering a pleasant environment, and excellent placements, and the fact that the region has evolved into both a residential area and an investment opportunity.

Companies also choose to locate in Mumbai because of the infrastructure and connection of Mumbai and Navi Mumbai. Without question, a large number of MBA colleges in Mumbai with fee structure have developed into the top B-schools in Mumbai, India and are quickly approaching the status of being among the best in all of India. These colleges provide some of the highest-paying MBA jobs in the region.

Highlights of Top Colleges in Mumbai for MBA

Type of CollegesPrivate and Government
Type of courseMBA
Duration2 years
MBA Admission ProcessMerit/entrance based

 

About MBA Course

The Master of Business Administration, or MBA, is a globally recognized degree. This course is among the best offered by top colleges in Mumbai for MBA with low fees because:

  • Gives a solid theoretical foundation for business.
  • Provides a wealth of real-world experiences, including exams, guest lectures, individual and group projects, internships, and assignments.
  • It focuses on the field of leadership and management
  • Enhances soft skills related to oral and written communication.
  • Prepares students for top MBA jobs in India
  • Create many opportunities for MBA jobs
  • Permits launching a personal venture upon degree completion

 

Top MBA colleges in Mumbai with Fee Structure

You can check out the Mumbai MBA College list given below to make an informed decision while applying for MBA Admission:

CollegesFee Structure in INR
SPJIMR Mumbai: SP Jain Institute of Management and Research24,00,000
Durgadevi Saraf Institute of Management Studies (DSIMS) (MMS)INR 4.70 Lakh
 

IIM Mumbai: Indian Institute of Management Mumbai (Formerly NITIE)

 

21,00,000
 

IIT BOMBAY: Shailesh J Mehta School of Management Mumbai

 

14,08,000
 

JBIMS Mumbai: Jamnalal Bajaj Institute of Management Studies

 

60,00,000
 

JBIMS Mumbai: Jamnalal Bajaj Institute of Management Studies

 

60,00,000
 

IIM Nagpur: Indian Institute of Management

 

11,50,000
 

K J Somaiya Institute of Management, Mumbai

 

20,87,000
NMIMS Navi Mumbai: School of Business Management18,04,000
 

Prin L N Welingkar Institute of Management Development and Research

 

14,00,000

 

The cost of living in Top Colleges in Mumbai for MBA

The location of a residence affects the cost of living in Mumbai. Singles can choose fully furnished co-living or guest flats, which come with all the conveniences. The price of lodging varies from 7000 to 20000 rupees based on the location and level of comfort provided. Additionally, a security deposit is required at the time of rental. Other incidental expenses totalling approximately 5,000 rupees include housekeeping, energy, Wi-Fi, and flat maintenance. You can save money on living expenses if you live within the campus hostel of MBA colleges in Mumbai with free structure.

The city is easily navigable due to the affordable transportation options. There are always local buses, auto rickshaws, and taxis available. Mumbai Metro connects all of the NCR, making it simple and reasonably priced to travel between the many cities.

MBA Eligibility Criteria for Top Colleges in Mumbai with MBA

 

We encourage you to verify the MBA eligibility criteria on the websites or brochures of the particular colleges as the requirements for MBA admission in Mumbai vary depending on the college. To pursue a successful industrial career, any graduate with any kind of background can apply for MBA admission in Mumbai. Nonetheless, the following are the fundamental requirements for MBA admission in top colleges in Mumbai for MBA with fee structure:

  • Graduating from any discipline at a recognized university with a minimum of 50% marks for general category students and 45% for ST/SC students is required.
  • Students in their final year may also apply for MBA admission in Mumbai; however, MBA admission will be granted provisionally till the official graduation results are made public.
  • Students must also take several tests, such as the CAT, MAT, CMAT, XAT, and ATMA, and they must appear for any national-level management exams. Mumbai MBA colleges list have their unique admission requirements and examination pattern.

 

Here is a Mumbai MBA college list with fee structure and MBA eligibility criteria:

Top Colleges in Mumbai for MBAMBA FeesMBA Eligibility
 

SPJIMR Mumbai: SP Jain Institute of Management and Research

 

24 LakhEntrance Exams: CAT, GMAT, etc.

Pass in Graduation with 50% aggregate

Durgadevi Saraf Institute of Management Studies (DSIMS) (MMS)INR 4.40 LakhDirect MBA Admission

Pass in Graduation with 45% aggregate

 

IIM Mumbai: Indian Institute of Management Mumbai (Formerly NITIE)

 

21 LakhEntrance Exams: CAT

Pass in Graduation with 50% aggregate

 

Selection Process of Top MBA colleges in Mumbai with low fees

 

A few easy measures must be followed to get into one of the top colleges in Mumbai for MBA with low fees. The majority of B-schools in Mumbai allow online applications, and the procedure is simple and uncomplicated.

  • To get admitted to MBA in Mumbai, applicants must first register and submit applications for a variety of tests, including CAT, MAT, IIFT, and NMAT. While other colleges have their own application processes for MBA admission exams, national-level entrance exams have a deadline for applications.
  • Second, you need to show up for the appropriate entry exam. Following the announcement of the results, B-schools shortlist applicants based on their cut-off. Following that, candidates are invited to move on to the next round, when their exam results, educational background, and professional experience are evaluated.
  • The last step consists of a personal interview, a written ability exam, and a group discussion. The final merit list is announced based on the aforementioned examinations, and the chosen candidates must pay the fees and turn in the necessary paperwork. Certain B-schools also provide direct MBA admission to candidates; to apply, visit the college website and wait for a response from the establishment. These admissions are typically determined by merit, a group discussion, or a personal interview.

Several MBA colleges in Mumbai with fee structure provide MBA admissions based on merit as well as entrance exams. Students can select from several top colleges in Mumbai for MBA with low fees based on the specializations available and the MBA fees. The cost of attending different colleges in Mumbai varies depending on several variables.

Career Profiles for MBA graduates – Top Colleges in Mumbai for MBA placement

  • Marketing Manager: As a marketing manager, you might oversee companies that sell goods and render services. To boost sales, you will oversee the marketing department and be in charge of product and service marketing.
  • HR Manager: Since HR managers are in charge of hiring qualified applicants, the HR department is crucial to the smooth operation of the business.
  • Sales Manager: The sales manager is in charge of motivating staff members and working with management to boost direct sales.
  • Investment Banker: You can work for banks, insurance businesses, security organizations, financial institutions, etc. after earning an MBA in banking and finance. It will be your responsibility to use data and analysis of key investment decisions to obtain funds for the company. Mergers and acquisitions of new businesses or assets are under the purview of investment bankers.
  • Management Consultant: If you have strong problem-solving skills, this is an excellent chance in the management consulting field. It will be your duty to address organizational problems and incorporate fresh concepts for a company’s efficient operation.
  • Data Analytics: With the rise of e-commerce in retail and banking, businesses are digitizing at an accelerated rate. Numerous B-schools are offering MBA programs in data analytics to meet the need for professionals in this emerging industry.

 

Top Colleges in Mumbai for MBA Placement

College NameAverage Package
 

SPJIMR Mumbai: SP Jain Institute of Management and Research

33,02,000 per annum
 

IIM Mumbai: Indian Institute of Management Mumbai (Formerly NITIE)

29,06,000 per annum
 

IIT BOMBAY: Shailesh J Mehta School of Management Mumbai

28,88,000 per annum
 

NMIMS Mumbai: NMIMS School of Business Management

26,63,000 per annum
 

JBIMS Mumbai: Jamnalal Bajaj Institute of Management Studies

18,91,000 per annum
Durgadevi Saraf Institute of Management Studies (DSIMS)24 LPA