Mumbai, Maharashtra

Best MBA Colleges in Mumbai

6 MBA colleges in Mumbai, listed by NIRF rank. Total fees run from ₹15.15 L to ₹27 L. Admission is through CAT, GMAT, NMAT, XAT and CMAT. Every figure carries its source and year on the college’s page. Check with the college before you apply.

6 MBA colleges in Mumbai

NIRF #6 · 2025Aptitude360 score 7.4/10
Government
Indian Institute of Management Mumbai
Mumbai, Maharashtra
- AACSB
- AMBA
- EQUIS
Master of Business Administration (MBA) · 2 Years
Headline programme · 1 of 3
Total fee
₹25 L
Avg CTC 2025
₹30.45 LPAaveraged across programmes
Est. call cutoff CAT 95 %ile
Accepts CAT
100% placed
NIRF #14 · 2025Aptitude360 score 7.2/10
Government
SJM School of Management, IIT Bombay
Mumbai, Maharashtra
- AACSB
- NBA
Master of Business Administration (MBA) · 2 Years
Total fee
₹15.15 L
Avg CTC 2025
₹28.16 LPA
Est. call cutoff CAT 94 %ile
Accepts CAT
100% placed
NIRF #20 · 2025Aptitude360 score 7.2/10
Autonomous
S. P. Jain Institute of Management and Research
Mumbai, Maharashtra
- AACSB
- AMBA
- NBA
Post Graduate Diploma in Management (PGDM) · 2 Years
Total fee
₹22.66 L
Avg CTC 2025
₹33 LPA
Est. call cutoff CAT 90 %ile
Accepts CAT, GMAT
100% placed
NIRF #24 · 2025Aptitude360 score 6.2/10
Deemed University
SVKM's Narsee Monjee Institute of Management Studies
Mumbai, Maharashtra
- AACSB
- NAAC A+
- NBA
Master of Business Administration (MBA) · 2 Years
Headline programme · 1 of 5
Total fee
₹27 L
Avg CTC 2025
₹24.06 LPAaveraged across programmes
Accepts NMAT
100% placed
NIRF #65 · 2025Aptitude360 score 3.8/10
Private
K. J. Somaiya Institute of Management
Mumbai, Maharashtra
- AACSB
- NBA
Master of Business Administration (MBA) · 2 Years
Headline programme · 1 of 6
Total fee
₹23.97 L
Avg CTC 2025
₹12.32 LPAaveraged across programmes
Est. call cutoff CAT 86 %ile
Accepts CAT, XAT, CMAT, GMAT +4 more
100% placed
NIRF #75 · 2025Aptitude360 score 5.4/10
Autonomous
Prin. L. N. Welingkar Institute of Management
Mumbai, Maharashtra
- AACSB
- NBA
Post Graduate Diploma in Management (PGDM) · 2 Years
Headline programme · 1 of 8
Total fee
₹17 L
Avg CTC 2025
₹12.06 LPAaveraged across programmes
Est. call cutoff CAT 80 %ile
Accepts CAT, XAT, CMAT, GMAT +1 more
100% placed

MBA colleges in Mumbai: questions answered

Answered from the figures in our college directory.

Which are the best MBA colleges in Mumbai?

Indian Institute of Management Mumbai, SJM School of Management, IIT Bombay, S. P. Jain Institute of Management and Research, SVKM's Narsee Monjee Institute of Management Studies and K. J. Somaiya Institute of Management, among others. They are listed by NIRF rank, with unranked colleges after the ranked ones.

How many MBA colleges are there in Mumbai?

Aptitude360's college directory lists 6 MBA colleges in Mumbai, Maharashtra: 2 autonomous, 2 government, 1 deemed university and 1 private.

What is the fee for an MBA in Mumbai?

Total programme fees range from ₹15.15 L at SJM School of Management, IIT Bombay to ₹27 L at SVKM's Narsee Monjee Institute of Management Studies. The figure is the headline programme’s fee for its latest published year; check with the college, as fees change every year.

Which entrance exams do MBA colleges in Mumbai accept?

CAT (5 colleges), GMAT (3 colleges), ATMA (2 colleges), CMAT (2 colleges), NMAT (2 colleges) and XAT (2 colleges).

Which MBA college in Mumbai has the highest average package?

S. P. Jain Institute of Management and Research, with an average CTC of ₹33 LPA for the 2025 batch.

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Best MBA Colleges in Mumbai

6 MBA colleges in Mumbai

Indian Institute of Management Mumbai

SJM School of Management, IIT Bombay

S. P. Jain Institute of Management and Research

SVKM's Narsee Monjee Institute of Management Studies

K. J. Somaiya Institute of Management

Prin. L. N. Welingkar Institute of Management

MBA colleges in Mumbai: questions answered

MBA colleges nearby

MBA colleges by entrance exam