Wondering what are the top MBA Colleges in Mumbai?
Mumbai is a city of opportunities, where an MBA degree can open many doors for a student’s career. Whether they want to work in finance, marketing, consulting or any other sector, an MBA can help students gain the skills and network they need to succeed. That’s why choosing the right MBA college in Mumbai is a must for their future.
In this blog, students will find a list of top MBA colleges in Mumbai, categorised by their fees, admission procedures, location, and tier 2 and tier 3 status.
Top MBA Colleges in Mumbai with Low Fees
1 – Indian Institute of Management (IIM)
University Website: https://iimmumbai.ac.in/
MBA offerings:
- MBA
- MBA (Sustainability Management)
- MBA (Operations and Supply Chain Management)
Admission Criteria:
For MBA and MBA (Sustainability Management)
- Must hold a Bachelor’s Degree, with at least 50% marks or equivalent CGPA [45% in case of candidates belonging to the Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Disability (PwD) categories]
- Common Admission Test (CAT)
For MBA (Operations and Supply Chain Management)
- Common Admission Test (CAT)
- Full-time Engineering/Technology degree in any branch from a recognized university/institution with aggregate 50% marks (relaxed by 5% for SC/ST/PwD candidates)
OR
Full-time degree from a recognized university with aggregate 50% marks (relaxed by 5% for SC/ST/PwD candidates) in following disciplines:
- M.Sc. (Mathematics)
- M. Sc. (Statistics)
- Dual Degree (Maths and Computing) Minimum 5 yrs
- BS./B. Tech (Economics) Minimum 4 yrs
2 – Shailesh J Mehta School of Management (SJMSOM)
University Website: https://www.som.iitb.ac.in/
MBA offerings:
- MBA
Eligibility Criteria:
- CAT Score Card
- A four year Bachelor’s degree or a Master’s degree in any discipline with first-class or 60% marks (55% in case of candidates belonging to SC/ST category)
Also Read: Top 7 MBA Colleges in India
MBA Direct Admission in Mumbai
3 – Maratha Mandir Babasaheb Gawde Institute of Management Studies
University Website: https://mmbgims.com/
Course offerings:
- Masters in Management Studies (MMS)
Eligibility Criteria:
- 50% marks in aggregate (45% in case of candidates of backward class categories belonging to Maharashtra State only) in undergraduate degree
4 – Sinhgad Institute of Business Management
University Website: https://sibmmumbai.org/index.html
Course offerings:
Masters in Management Studies (MMS)
Eligibility Criteria:
- Should have a graduation degree in a minimum of 10+2+3 format with minimum 45 percent or equivalent CGPA
- Pass entrance examinations like CET, CAT, XAT, MAT, ATMA and JMET
Tier 2 MBA Colleges in Mumbai
5 – SVKM’s Narsee Monjee Institute of Management Studies
University Website: https://www.nmims.edu/
Course offerings:
- MBA
- MBA (Human Resources)
- MBA (Pharmaceuticals Management)
- MBA Digital Transformation
- MBA Business Analytics
- Part-Time MBA in Social Entrepreneurship
- PGDM
- MBA in Real Estate Management
- MBA in HealthCare Management
- MBA (Entrepreneurship & Family Business Management)
- MBA (Entrepreneurship)
- Family Managed Business Administration (F-MBA)
Eligibility Criteria:
- Bachelor’s Degree in a relevant stream with a minimum aggregate of 50% to 55%
- Successfully cleared NMAT examination
6 – K J Somaiya Institute of Management Studies and Research
University Website: https://kjsim.somaiya.edu/en
Course offerings:
- MBA
- MBA Healthcare Management
- MBA Sports Management
Eligibility Criteria:
- Undergraduate Degree with 50% aggregate
- Appeared for CAT/XAT/GMAT/NMAT/CMAT
Also Read: What is Online MBA?
Tier 3 MBA Colleges in Mumbai
7 – St. Francis Institute of Management and Research (SFIMAR)
University Website: https://www.sfimar.org/
Course offerings:
- MBA In Financial Management
- MBA In Marketing Management
- MMS
- PGDM
Eligibility Criteria:
- Have passed a Three Year Bachelor’s degree (10+2+3) in any stream from a recognized University
- 2 years of work experience after graduation in the executive or supervisory cadre
8 – Thakur Institute of Management Studies & Research (TIMSR)
University Website: https://timsrmumbai.in/
Course offerings:
- MMS
- Part-time MBA
- PGDM
Eligibility Criteria:
- Undergraduate Degree with 45% aggregate
- Appear for either of these exams: MAT, XAT, CAT, CMAT, ATMA, MHT CET, MAH CET
MBA Colleges in South Mumbai
9 – Jamnalal Bajaj Institute of Management Studies (JBIMS)
University Website: https://www.jbims.edu/
Course offerings:
Masters in Management Studies (MMS)
Eligibility Criteria:
- Graduate from any University recognized by UGC
- Minimum Two years of work experience in an Executive/Supervisory capacity as on 15th June (Current Year) after Graduation
- Applicants must crack the MAH-MBA CET exam
10 – Xavier Institute of Management & Research
University Website: https://www.ximr.ac.in/
Course offerings:
- Masters in Management Studies (MMS)
Eligibility Criteria:
- Graduated with minimum 50% marks in aggregate (45% in case of backward class candidates from Maharashtra state only) in any Bachelor’s Degree of minimum 3 years duration in any discipline
OR
Appeared for the final year examination of any Bachelor’s Degree of minimum 3 years duration in any discipline recognized by the Association of Indian Universities
- Appeared for the Common Entrance Test (MAH-MBA/MMS-CET), conducted by competent authority OR appeared for any other examination like CAT, MAT, CMAT as mandated by the competent authority.
Conclusion
Listed above are the 10 best mba colleges in Mumbai. Students are afforded the flexibility to opt for either offline or online MBA learning.
Online MBA programs, particularly those offered by UGC-entitled universities, stand on equal footing with their offline counterparts, providing a diverse range of choices.
Regardless of the chosen mode of education, whether traditional or online, it is very important to choose a reputable institution for MBA. Speaking with an MDO advisor can help students make a wise decision and safeguard their future.
