Mumbai is the financial, commercial capital of India.This article speaks about top 10 MBA College in Mumbai. The major languages spoken in Mumbai are Hindi, English, Marathi, and Gujarati. Mumbai is the city of dreams; many people have the very start of their career here. Be it Bollywood or the unique corporate culture or the fast-paced busy life, the city of Mumbai is a dream for all and a success for many too
Major financial institutes and business management institutes are in Mumbai. It is a hub for management and great for new opportunities.
Mumbai has many top MBA colleges or Business schools (B-schools) which produce entrepreneurs and business leaders of tomorrow. Here is our list of the top 10 MBA college in Mumbai.
1. S.P. Jain Institute of Management and Research
SPJIMR is a top private management school. The two-year Post Graduate Diploma in management was the first course started here. The college has tie-ups with various leading business schools around the world like Cornell University, Texas University, and Michigan State University.
Admission Through– CAT, XAT, GMAT
Fees– Around 18-19 Lacs for PGDM and MBA
SPJIMR offers a multitude of courses like-
- A two-year MBA with a specialization in Finance, Marketing and Operations, Information Management, and Supply Chain.
- Global Management Program with a great global curriculum.
- A special program for women called Post Graduate Management Program for Women is there too.
Being one of the best MBA colleges in Mumbai, SPJIMR provides placements in various corporates and businesses in the whole world. The average salary is 26.36 LPA and the highest salary is 51 LPA for a freshly graduated student. The top recruiter companies are Uber, Flipkart, Amazon, KPMG, PwC, etc.
2. NMIMS School of Management
NMIMS School of Management is a private university. It aimed to meet the growing demand for top MBA colleges in India. NMIMS is India’s leading Business Schools and one of the best MBA colleges in Mumbai. It offers facilities to its students and cutting edge technology they include Bloomberg Terminal, Mica Lab, Bosch Lab, and Tissue Cultural Lab.
Admission Through- NMAT by GMAC
Fees– Around 19-20 Lacs for MBA
NMIMS offers MBA and PGDM programs. They can be Full-time programs, Part-time programs, Executive Programs, Specialised Programs, Diploma Certificate and Doctoral Programs in various areas of specialization such as Real Estate, HR, Law, etc.
The proof that NMIMS is one of the best MBA colleges in Mumbai is in the fact that it has a 100% placement record with the highest placement of 30.37 LPA in India and USD 82000 in International Companies. The major recruiters for NMIMS include reputed companies like Whirlpool, ICICI Bank, HDFC Bank, Raymond, and many others.
3. Jamnalal Bajaj Institute of Management Studies
Jamnalal Bajaj Institute of Management (JBIMS) is a public management institute which is under the Department of Management Studies of the University of Mumbai. JBIMS is a top MBA college and is also known as “The CEO Factory” because of major notable businessmen of alumni.
Admission Through– MAH-CET, CAT, PTMBA, GMAT
Fees– Around 3 lacs
JBIMS offers full-time courses like MBA(IT), MAB(marketing), MBA(personal management ), MBA(Human resources development). The institute also offers some part-time MBA courses.
JBIMS has a great placement record with the highest placement of 32.30 LPA and an average salary of 20.13 LPA. A top MBA college like this has top recruiters like Wipro, Bajaj Auto, KPMG, Michael Page, HDFC Bank, HSBC, ICICI Bank, Motilal Oswal, and many others.
4. Shailesh J. Mehta School of Management
(SJMSOM) Shailesh J. Mehta School of Management is a public management institute and one of the best MBA colleges in Mumbai. It is also a part of the Indian Institute of Technology, Bombay. IITB started this management institute to enhance innovation and to integrate all other specializations like science and technology with management, research, and training.
Admission Through– CAT, WAT, PI
Fees– Around 2.55 Lacs
SJMSOM offers a full-time MBA course, a Doctoral program, Management Development programs, and an 18-month Executive MBA (EMBA) program jointly with Washington University, St. Louis.
Each year SJMSOM has campus placements with many major companies coming to the campus to hire students. Being one of the top MBA colleges in Mumbai, it has major recruiters include- Amazon, Cadbury, Deloitte, HSBC, Sidbi, Barclays, Colgate, Cipla, and many others. The highest package is 32.40 LPA and the average package of 20.8 LPA.
5. Tata Institute of Social Sciences (TISS)
Tata Institute of Social Sciences (TISS) is a deemed university and public research institute.TISS offers management courses under the School of Management and Labour Studies, TISS.
Admission Through– TISS NET
Fees– Around 1.10 Lacs
Tata Institute of Social Sciences offers an Executive Diploma program in Human Resources Management and all the MBA programs. TISS takes part in various research, innovation, and consultancy through its various centers spread across India.
The top recruiter companies at TISS are Bajaj Auto, L&T, Infotech, OYO Rooms, Deloitte India, Samsung, etc. The Highest package is 27 LPA and an average package of 18.77 LPA.
6. National Institute of Industrial Engineering (NITIE)
National Institute of Industrial Engineering (NITIE) is a famous public management institute. Since it is one of the best MBA colleges in Mumbai, NITIE has also been recommended by noted industrialists to be added to the list of IIMs in India and to be recognized as them. It is one of the centers of excellence along with the IIMs in India.
Admission Through– GATE, CAT
Fees– Around 15 Lacs
NITIE offers management Courses like Post Graduation in Visionary Leadership for Manufacturing, Post-Graduate Diploma in Industrial Engineering (PGDIE), Industrial Management (PGDIM), Industrial Safety and Environmental Management (PGDM), Manufacturing Management (PGDMM), and Project Management (PGDPM).
Major recruited companies like Amazon, KPMG, Coca-Cola, Accenture, Walmart, Cognizant, etc come to NITIE. The highest placement offered is 49.50 LPA and the average is 19.77 LPA.
7. K. J.SIMSR
KJ SIMSR has a state-of-the-art infrastructure and offers excellence in academics by its excellent faculty. The institute organizes various programs for the development of students academically and culturally.
Admission Through– CAT, XMAT, GMAT, CMAT
Fees– Around 14 Lacs
Courses offered include Post Graduate Diploma Programs, Full-time Masters in Business Studies (MBA) in areas of Specialisation like International Business, Retail Management, Integrated Marketing Communication, Health Care Management, Human Resource, Financial Services, Financial Services, and Executive.
The major recruiter’s companies of SIMSR include-ITC, Amazon, Puma, HDFC Bank, Deutsche Bank, ICICI Bank, Google, and many others. The highest placement is 28.50 LPA and the average is10.08 LPA.
The highest stipend for a summer internship for a SIMSR student was 1.45 Lacs per month.
Sydenham Institute of Management Studies, Research, and Entrepreneurship Education (SIMSREE) comes under the Sydenham College of Commerce and Economics. SIMSREE is one of the most reputed Business schools in India offering excellence in management studies.
Admission Through– CAT, MH-CET, MAT, XAT
Fees– Around 1.5 Lacs
SIMREE offers full-time and part-time Master’s courses in management along with Masters in Business Studies (MBA) in areas of Specialisation like International Business, Retail Management, Integrated Marketing Communication, Health Care Management, Human Resource, Financial Services, Financial Services, and Executive. The full-time courses include 2-year Masters in Post Graduate Diploma in Business Management (PGDBM).
The top recruiter’s companies for SIMSREE, are Capgemini, Aditya Birla Group, CRISIL, Axis Bank, Deloitte, CITI Bank, McDonald’s, JP Morgan Chase &Co., etc. The Highest package is 20 LPA and the average package of 11 LPA.
9. SIES College of Management Studies
(SIES) is one of the oldest educational societies in India started in the year 1932. It has a modern and facilitated campus with all requirements by the students. SIES organizes various conventions and events or the growth of management education and student participation in various events.
Admission Through– CAT, MAT, XAT
Fees– Around 2.5- 3.5 Lacs
SIES offers courses in management studies Masters in Business Studies (MBA) in areas of Specialisation like International Business, Retail Management, Integrated Marketing Communication, Health Care Management, Human Resource, Financial Services, Financial Services, and Executive.
The top recruiter’s companies are Aditya Birla Group, CRISIL, Axis Bank, Deloitte, CITI Bank, Mcdonalds, JP Morgan Chase &Co., etc. The Highest package and the average package is 20 LPA and 11 LPA respectively.
10. Welingkar Institute of Management Development & Research
WeSchool is a private management institute in Mumbai and Bangalore. It provides students with beautiful infrastructure and excellent faculty which includes international faculty. The advanced features and facilities include Finance GYM, Finance Lab, Development Center, Industry Roundtable, and many more.
Admission Through– CAT, GMAT, MAT, XAT, ATMA
Fees– Around 12-14 Lacs
We School offers full-time, part-time, and full-time courses in management. The courses include Masters and Postgraduate Diploma courses like- PGDM, Masters in Business Studies (MBA) in areas of Specialisation like International Business, Retail Management, Integrated Marketing Communication, Health Care Management, Human Resource, Financial Services, Financial Services, and Executive.
The highest package is 12.4 LPA and the average package is 9.20 LPA. The top recruiter’s companies for WeSchool are Bisleri, Nestle, HP, Deloitte, Accenture, L&T, and ICICI Bank.