The Top 10 MBA Colleges in Mumbai: Mumbai attracts students from around the country as the city is considered India’s financial, economic, and entertainment hub; management aspirants have many opportunities. Quality management colleges are located around the city and are equipped with cutting-edge educational infrastructure. 

Famous management institutes such as Narsee Monjee Institute of Management Studies (NMIMS), S. P. Jain Institute of Management and Research, Jamnalal Bajaj Institute of Management Studies (JBIMS), Tata Institute of Social Sciences (TISS), and others are located here.  Now let’s see the Top 10 MBA colleges in Mumbai their Fee Structure, Course Offered, Duration and more. 

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Top 10 MBA colleges in Mumbai 

1. S. P. Jain Institute of Management and Research (SPJIMR) (PGDM)

Bharatiya Vidya Bhavan’s S P Jain Institute of Management and Research (SPJIMR) is a leading school of management that comes in the top list of Top 10 MBA colleges in Mumbai. Established in 1981, SPJIMR is a part of the Bharatiya Vidya Bhavan and functions as an autonomous institute with entrepreneurial agility. 

It is consistently ranked amongst the top management institutes in India.  In the recently released FT Global Masters in Management (MIM) Rankings 2023, SPJIMR Mumbai has secured World Rank # 40 and India Rank # 1 ahead of IIM Ahmedabad, Calcutta, Lucknow and other top B-schools.

• Course Offered:  PGDM (BM) as 2 years full-time residential programmes; 1 Year full-time PGPM and other executive programs. 
• Course Duration: 2 years
• Exam Accepted: CAT/XAT/GMAT
• Full Course Fees: INR 21 Lakh 

(Fees may vary, please check on the official website)

2. Indian Institute of Management Mumbai (IIM Mumbai)

NITIE changed its name to IIM Mumbai in August 2023 and became the 21st IIM in India. With a legacy of 60 years, IIM Mumbai (NITIE) provides an excellent platform to the students who aspire to be leaders of tomorrow. 

Recognised as one of the 15 centres of excellence by the Ministry of HRD, Govt. of India, IIM Mumbai (NITIE) has, over the years, earned the reputation of being the facilitator of the process of evolving the best brains of the country into the best business ones. It now appears in the list of the Top 10 MBA colleges in Mumbai. 

• Course Offered: MBA, PGDM
• Course Duration: 2 years
• Exam Accepted: CAT
• Full Course Fees:  INR 21 Lakh

(Fees may vary, please check on the official website)

3. Indian Institute of Technology, Bombay (IIT-B SJMSOM) (MBA)

SJMSOM IIT Bombay has its distinct place as a national and global business management school. Apart from MBA, SJMSOM offers Ph. D. programs and has recently launched an Executive MBA, jointly with the Washington University at St. Louise, USA. 

SJMSOM also provides a well-designed curriculum and training to the students preparing them to meet the contemporary challenges in their professional life ahead.

• Course Offered: Master of Business Administration (MBA)
• Course Duration: 2 years
• Exam Accepted: CAT, GMAT
• Full Course Fees: INR 16 Lakh

(Fees may vary, please check on the official website)

4. Jamnalal Bajaj Institute of Management Studies (JBIMS) (MMS, MSc. Finance, and MHRD)

JBIMS, with its rich legacy, offers a Master’s in Management, Finance, and Human Resource Development program that guides students with the skills to excel in leadership roles across various domains. Also known as the CEO Factory, JBIMS Mumbai was established in 1965 by the University of Mumbai and has since grown to have a well-connected and successful alumni base. Jamnalal Bajaj Institute of Management Studies offers PG, part-time, PhD, and various other courses to students. These courses are provided across the Management, Finance, and various other streams.

• Course Offered: MMS, MSc. Finance, and MHRD
• Course Duration: 2 years 
• Exam Accepted: MAH CET/CAT 
• Full Course Fees: INR 9 Lakh

(Fees may vary, please check on the official website)

5. Tata Institute of Social Sciences, Mumbai (TISS) (HRM&LR and ODCL)

TISS is renowned for its commitment to social justice and human rights. The HRM program prepares students to address HR challenges and gives a strategic insight to help students in a cooperative life.

• Course Offered: HRM&LR
• Course Duration: 2 years
• Exam Accepted: CAT
• Full Course Fees:  INR 2.07 Lakh

TISS’s ODCL focuses students on organizational development and teaches them leadership, guidance, and transformation. The Tata Institute of Social Sciences organises teaching programmes to facilitate the development of competent and committed professionals for practice.

• Course Offered: Master of Arts (ODCL)
• Course Duration: 2 years
• Exam Accepted: Candidates who have completed their Bachelor’s or Master’s Degree with 2 Years of Work Experience and valid CUET PG scores.
• Full Course Fees: INR 9.24 Lakh

(Fees may vary, please check on the official website)

6. SVKM’s NMIMS, Mumbai (MBA Core, HR, BA, and Digital Transformation)

NMIMS offers a traditional MBA program focusing on core management subjects. SVKM’s NMIMS, Mumbai (MBA Core) is one of the Top 10 MBA colleges in Mumbai. Rounding off our list is NMIMS’ traditional MBA program, focusing on core management principles. With a blend of theory and practical application, it lays a strong foundation for a successful career in management.

• Course Offered: MBA, MBA BA, and MBA Digital Transformation
• Course Duration: 2 years
• Exam Accepted: Any bachelor’s degree with at least 50%
• Full Course Fees: INR 25.84 Lakh

(Fees may vary, please check on the official website)

NMIMS offers an MBA specializing in Human Resources. SVKM’s NMIMS, Mumbai (MBA HR)

HRM is a critical function in every organization, and NMIMS understands this well. Its MBA in Human Resources prepares students to manage the most valuable asset of any organization – its people and comes in the Top 10 MBA colleges in Mumbai. 

• Course Offered: MBA HR
• Course Duration: 2 years
• Exam Accepted:  NMAT
• Full Course Fees: INR 25.84 Lakh

(Fees may vary, please check on the official website)

7. BITSoM, BITS School of Management (MBA)

BITSoM’s MBA program emphasizes innovation and entrepreneurship, preparing students to lead with agility in today’s rapidly evolving business landscape.

• Course Offered: Master of Business Administration (MBA)
• Course Duration: 2 years 
• Exam Accepted: CAT/XAT/GMAT
• Full Course Fees: INR 27.20 Lakh

(Fees may vary, please check on the official website)

8. Jio Institute, Mumbai (PGP in AI&DS and PGP in DM&MC)

Jio Institute’s PGP in AI&DS program bridges the gap between technology and business, preparing students for roles at the forefront of artificial intelligence and data science. Jio Institute is a multidisciplinary higher education institute set up as a generous initiative by the Reliance Group which is one of the Top 10 MBA colleges in Mumbai.

The Institute is dedicated to the pursuit of excellence. It brings together global scholars and thought leaders and provides an enriching student experience through world-class education and a culture of research and innovation.

• Course Offered: PGP in AI&DS and PGP in DM&MC
• Course Duration: 1 year
• Exam Accepted: CAT, GMAT, GRE, GATE, Own Exam
• Full Course Fees: INR 9.75 Lakh

(Fees may vary; please check on the official website)

9. SDA Bocconi Asia Centre, Mumbai (IMBA)

The SDA Bocconi Asia Centre is the Asian offshoot of the esteemed SDA Bocconi School of Management of Italy. The course was designed to cultivate leaders with global exposure. The curriculum has been set to keep the degree at par with industry requirements. In fact, students also have to undertake a compulsory semester abroad as part of their coursework. The Asia Centre has quickly been climbing ranks since its inception in 2012 and is now considered by most to be one of the top MBA colleges in Mumbai.

• Course Offered: IMB
• Course Duration: 2 year
• Exam Accepted: CAT, GMAT, GRE, NMAT, Own Exam
• Full Course Fees: INR 21.6 Lakh

10. SIMSREE, Mumbai (MMS)

Sydenham, itself an institution with a 110-year history, set up SIMSREE in Churchgate, Mumbai, the financial heart of the country, to bridge the gap between quality, affordable management education and industry requirements. One of the most popular colleges in Mumbai with very high cutoffs, SIMSREE has crafted for itself a legacy that will continue to attract students and industry head honchos alike.

• Course Offered: MMS
• Course Duration: 2 year
• Exam Accepted: CAT, CMAT, CET
• Full Course Fees: INR 4.38 Lakh

Conclusion

Mumbai has always been an epic centre of innovation and technology and an educational hub that attracts a large number of students and working professionals to pursue their education and kickstart their careers. It is home to flourishing businesses in a large number of domains, such as manufacturing, retail, finance, IT, real estate, etc. In this blog, you get an overview of the Top 10 MBA colleges in Mumbai.