SPJIMR Mumbai, TISS Mumbai, IIM Mumbai, SJMSOM Mumbai (IIT Bombay), and JBIMS Mumbai are the top MBA colleges in Mumbai according to the Collegedunia MBA rankings 2026. SPJIMR Mumbai leads the list with a CD Score of 869 out of 1000, followed by TISS Mumbai with a CD Score of 833 and IIM Mumbai with a CD Score of 829.
Key Summary
- Fee Range: 88.53 K at TISS Mumbai to 41.81 Lakh at SPJSGM Mumbai
- Placements: Average/Median Packages: 7.25 LPA at Amity University Mumbai to 34 LPA at IIM Mumbai | Highest Package: 75 LPA at SPJIMR Mumbai
- Best ROI: 3185.36% ROI (TISS Mumbai) (Course Fee: 88.53 K)
- Top Government MBA Colleges: IIM Mumbai (Avg – 34 LPA), TISS Mumbai (Avg – 28.2 LPA), JBIMS Mumbai (Avg – 27 LPA)
Top Private MBA Colleges: SPJIMR Mumbai (Avg – 33.6 LPA), NMIMS Mumbai (Avg – 25.13 LPA), SPJSGM Mumbai (Avg – 33.72 LPA) - Main Entrance Exams: CAT, CMAT, XAT, MAT (also NMAT, MAH CET, GMAT)
MBA Colleges in Mumbai 2026
| Rankings in Mumbai | College Name | CD Score (Out of 1000) | Total Fees (INR) | Average/Median Package | CAT Cutoff Percentile (Gen) |
|---|---|---|---|---|---|
| 1 | SPJIMR Mumbai | 869 | 22.69 Lakh | 33.6 LPA | 85 |
| 2 | TISS Mumbai | 833 | 88.53 K | 28.2 LPA | 70 |
| 3 | IIM Mumbai | 829 | 25.50 Lakh | 34 LPA | 97 |
| 4 | SJMSOM Mumbai (IIT Bombay) | 826 | 15.55 Lakh | 26 LPA | 90 |
| 5 | JBIMS Mumbai | 811 | 7 Lakh | 27 LPA | 96 (MAH CET) |
| 6 | NMIMS Mumbai | 801 | 27.02 Lakh | 20 LPA | 96 (NMAT) |
| 7 | SPJSGM Mumbai | 704 | 41.81 Lakh | 33.72 LPA | - |
| 8 | BITSoM Mumbai | 704 | 28.57 Lakh | 21 LPA | - |
| 9 | KJ Somaiya Mumbai | 661 | 23.87 Lakh | 12 LPA | 84 |
| 10 | WeSchool Mumbai | 617 | 15.04 Lakh | 11.78 LPA | 80 |
| 11 | SDA Bocconi Asia Centre Mumbai | 603 | 20.78 Lakh | - | 90 |
| 12 | SIESSBS Mumbai | 520 | 9.02 Lakh | 7.5 LPA | 50 |
| 13 | IBS Mumbai | 517 | 8.11 Lakh | - | 55 (NMAT) |
| 14 | NLDIMSR Mumbai | 512 | 16.75 Lakh | - | - |
| 15 | Amity University Mumbai | 489 | 11.22 Lakh | 7.25 LPA | 70 |
Watch: MBA Colleges in Mumbai Explained
36 LPA Salary vs. 77K Fees: The Mumbai MBA Financial Cheat Sheet
766% ROI?! Mumbai's Top MBA Colleges Where Money Grows on Trees
89,00,000 Salary! The Private Mumbai MBA Colleges That Pay the Most
MBA for 6,600?! Mumbai's Cheapest MBA Colleges Exposed
All About NMIMS Navi Mumbai Under 1 Minute
Also Read
Ques. What is the category-wise CAT cutoff for the top MBA colleges in Mumbai?
Ans. IIM Mumbai sets a qualifying CAT cutoff of 85 percentile for General candidates, 75 for NC-OBC and EWS, 70 for SC, and 65 for ST, but the actual WAT/PI shortlist for General candidates falls in the 97 to 98 percentile range. SJMSOM Mumbai requires 90 percentile (General) to apply, with shortlists opening around 94 percentile. TISS Mumbai keeps the lowest bar among the top colleges at 70 percentile (General), 63 (NC-OBC), and 55 (SC/ST). SPJIMR Mumbai keeps a flat 85 percentile floor for all categories and shortlists on profile, while BITSoM Mumbai publishes no hard cutoff but its 2026-28 admitted batch had a median CAT percentile of 94.64. Here is the category-wise qualifying cutoff along with the realistic shortlist range.
| College Name | General | NC-OBC | EWS | SC | ST | PwD | Sectional Cutoff (Gen) | Realistic Shortlist Range (Gen) |
|---|---|---|---|---|---|---|---|---|
| IIM Mumbai | 85 | 75 | 75 | 70 | 65 | 55 | VARC 80 / DILR 80 / QA 75 | 97 – 98 |
| SJMSOM Mumbai (IIT Bombay) | 90 | 81 | - | 60 | 60 | 60 | 75 each | 94 – 98 |
| SPJIMR Mumbai | 85 | 85 | 85 | 85 | 85 | 85 | 75 each | Profile-based shortlist; 85 is only the qualifying floor |
| TISS Mumbai (MA HRM & LR) | 70 | 63 | 70 | 55 | 55 | - | 60 each | - |
| JBIMS Mumbai (MMS) | 96+ (CAT, All-India quota only) | MAH CET 2025 closing: Open-State 99.93, All-India 99.99; SC/ST reserved seats closed in the 90 – 95 range | - | 99.9+ (MAH CET) | ||||
| NMIMS Mumbai | NMAT 209 overall, 62 in each section (single cutoff, no category relaxation published) | 62 each (NMAT) | 215 – 225 (final selection score) | |||||
| BITSoM Mumbai | No hard cutoff published; 2026-28 admitted batch median 94.64 (range 80.09 – 99.41) | - | 90+ | |||||
| KJ Somaiya Mumbai | 84 | Category-wise CAT cutoff not published; XAT cutoff (71) applies across all categories | - | 80 – 85 | ||||
| WeSchool Mumbai (PGDM) | 80 (flagship PGDM); 70 – 75 for other PGDM tracks | Same cutoff across all categories (Round 1, 2025) | - | 75 – 82 | ||||
Note: Qualifying cutoff only makes you eligible for the WAT/PI round; clearing it does not guarantee a call. Category reservation at JBIMS applies only to Maharashtra-domicile candidates; students from other states compete in Open merit under the All-India quota.
Ques. How much weightage do MBA colleges in Mumbai give to CAT score, PI, academics, and work experience?
Ans. IIM Mumbai gives 60% weightage to the CAT score, 20% to the Personal Interview, and 20% to academics plus work experience (APWE score). SJMSOM Mumbai splits CAT and PI equally at 42.5% each. SPJIMR Mumbai weighs CAT/GMAT at 40 to 50% after the 85 percentile floor and gives 20 to 30% to the interview. NMIMS Mumbai's Competency Test carries 50%, the highest weight for any non-exam component among Mumbai colleges, while WeSchool Mumbai counts the entrance exam for only 35% of its composite score. JBIMS Mumbai MMS admission is 100% entrance-percentile based with no GD, WAT, or PI. Here is the selection weightage of the top MBA colleges in Mumbai.
| College Name | Entrance Exam Score (% weight) | Interview: PI / WAT / GI (% weight) | Academics: 10th / 12th / Grad (% weight) | Work Experience (% weight) | Diversity / Other (% weight) |
|---|---|---|---|---|---|
| IIM Mumbai | 60% | 20% | 20% combined (APWE score: Class 10, Class 12, graduation, and work-ex as on Dec 31) | - | |
| SJMSOM Mumbai (IIT Bombay) | 42.5% | 42.5% | 10% | 5% | +5% for CA/CS/CFA/ICWA/CMA, +3% for other PG (shortlist stage) |
| SPJIMR Mumbai | 40 – 50% | 20 – 30% | 20 – 25% | 10 – 15% | 5 – 10% |
| TISS Mumbai (MA HRM & LR) | 70% | 30% (Online Interview) | - | - | Shortlist stage: CAT 97% + 3% gender diversity (female / transgender) |
| NMIMS Mumbai | NMAT score + academics + work-ex share the remaining 30%; PI 20% | Part of the 30% pool | Competency Test 50% (aptitude, psychometric, writing) | ||
| WeSchool Mumbai (PGDM) | 35% | Remaining 65% split across academics, work experience, and the interview round | Profile-based holistic selection | ||
| JBIMS Mumbai (MMS) | 100% (MAH CET / CAT / CMAT percentile) | No GD / WAT / PI | - | - | - |
| BITSoM Mumbai | Holistic evaluation of CAT/GMAT/GRE score, profile, and PI; percentage split not published | ||||
| KJ Somaiya Mumbai | Exam cutoff clearance, then GD-PI-WAT; percentage split not published | ||||
Ques. Is work experience mandatory for MBA admission in Mumbai colleges, and are freshers eligible?
Ans. None of the top MBA colleges in Mumbai make work experience mandatory for the flagship 2-year programme, but the batch profile tells the real story: around 84% of SPJIMR Mumbai's PGDM batch and 85% of SJMSOM Mumbai's MBA batch have prior work experience (average 25 months at SJMSOM). JBIMS Mumbai MMS is fully fresher-friendly with no work-experience weightage. SJMSOM Mumbai asks for 60% in graduation (55% for SC/ST/PwD), the highest bar among the top colleges; TISS Mumbai asks for only 45%. Here is the work experience and eligibility snapshot for the top MBA colleges in Mumbai.
| College Name | Work-ex Mandatory? | Freshers Eligible? | Batch with Work-ex | Graduation Marks (Gen / Reserved) | Work-ex Rule / Note |
|---|---|---|---|---|---|
| SPJIMR Mumbai | No | Yes | ~84% (1 – 5 yrs) | 50% | Max 5 yrs; relevant work-ex scored in the profile shortlist |
| SJMSOM Mumbai (IIT Bombay) | No (5% weight) | Yes | ~85% (avg 25 months) | 60% / 55% (or CPI 6.5 / 6.0) | Only full-time paid work after graduation counts; coaching-centre and small proprietorship experience not counted |
| IIM Mumbai | No | Yes | - | 50% / 45% | Work-ex as on Dec 31 of the CAT year counted in the APWE score |
| JBIMS Mumbai | No | Yes | - | 50% / 45% | No work-ex weightage for full-time MMS; Part-time MMS needs min 2 yrs supervisory work-ex |
| NMIMS Mumbai | No | Yes | - | 50% / 45% | Only the first NMAT attempt is considered; no management quota |
| TISS Mumbai (MA HRM & LR) | No | Yes | - | 45% | Female and transgender candidates get +3 marks at the shortlist stage |
| BITSoM Mumbai | No | Yes | - | 50% | Fully residential 2-year MBA with 160 seats; GMAT/GRE applicants can apply on a rolling basis |
| WeSchool Mumbai (PGDM) | No | Yes | - | 50% | Final-year graduation students can apply provisionally |
| KJ Somaiya Mumbai | No | Yes | - | 50% | - |
Ques. What are the application dates and deadlines for MBA admission 2027-29 in Mumbai?
Ans. NMAT 2026 registration for NMIMS Mumbai closes on October 10, 2026, making it the earliest deadline among the top Mumbai colleges. SPJIMR Mumbai opens PGDM applications in September 2026 with the deadline expected in late November (last cycle closed on November 28). TISS Mumbai's window runs from November to January (last cycle: November 3 to January 11). SJMSOM Mumbai accepts applications for one month after the CAT result (last cycle: January 1 to 31, with PI on March 5 to 8 and final results on April 24). JBIMS Mumbai MMS seats are filled only through the DTE Maharashtra CAP process after MAH MBA CET 2027, with Round 1 allotment around mid-July. Here is the application timeline for the 2027-29 batch.
| College Name | Application Opens | Application Deadline | Form Fee | Selection Round Timing |
|---|---|---|---|---|
| NMIMS Mumbai | NMAT registration opened Aug 1, 2026 | Oct 10, 2026 (tentative) | INR 2,900 (NMIMS) + NMAT fee | NMAT Nov – Dec 2026; Competency Test + PI Feb – Mar 2027; merit list Apr 2027 |
| SPJIMR Mumbai | Sept 2026 (tentative) | Late Nov 2026 (2025 cycle: Nov 28) | INR 2,000 | Profile shortlist Dec – Jan; WAT + two Group Interviews Jan – Mar 2027 |
| TISS Mumbai (MA HRM & LR) | Nov 2026 (2025 cycle: Nov 3) | Jan 2027 (2026 cycle: Jan 11) | INR 1,750 + bank charges (Gen) | Online Interview Feb – Mar; final merit list ~Apr 20, 2027 |
| SJMSOM Mumbai (IIT Bombay) | Jan 2027, after CAT 2026 result (2026 cycle: Jan 1) | End of Jan 2027 (2026 cycle: Jan 31) | - | PI early Mar 2027 (2026 cycle: Mar 5 – 8, on the Gather virtual platform); final results ~Apr 24; induction mid-Jul |
| BITSoM Mumbai | Dec 2026, after CAT 2026 result; GMAT/GRE applications accepted year-round | Multiple rounds till ~Mar 2027 (2026 cycle Round 3: Mar 15) | INR 2,500 (2026) | Shortlist Jan – Feb; PI Feb – Mar 2027 |
| WeSchool Mumbai (PGDM) | Dec 2026 – Jan 2027 (expected) | - | - | Profile-based shortlist, then GD-PI after CAT/XAT/CMAT result |
| KJ Somaiya Mumbai | XAT 2027 registration open | XAT: Dec 6, 2026; college form: - | - | GD-PI-WAT after CAT/XAT/CMAT/NMAT result |
| IIM Mumbai | CAT 2026 registration Aug 3 – Sept 15, 2026; IIM Mumbai shortlist after result | - | - | WAT + PI Feb – Mar 2027; IIM Mumbai does not take part in the IIM Common Admission Process (CAP), so its offer is standalone |
| JBIMS Mumbai (MMS) | DTE Maharashtra CAP after MAH CET 2027 (exam ~Mar 2027) | CAP registration ~Jun 2027 | - | No PI; CAP Round 1 allotment ~mid-Jul 2027; nearly all seats fill in Round 1 |
Ques. Can students from outside Maharashtra get admission to JBIMS Mumbai?
Ans. Yes, but only through the All-India quota. JBIMS Mumbai fills 85% of its MMS seats through the Maharashtra State quota (MAH CET via DTE CAP) and only 15% through the All-India quota, where CAT and CMAT scores are also accepted. Of the 156 total MMS seats, 120 are State-quota CAP seats and 18 are All-India (OMS) seats. Non-Maharashtra candidates therefore compete for 18 seats at a 99.99 percentile closing score. Fees are category-linked: INR 8.34 Lakh for Open, INR 4.39 Lakh for OBC/EWS, and INR 34,350 for SC/ST. Here is the JBIMS Mumbai seat matrix and category-wise fee.
| Quota | Seats (MMS) | Who is Eligible | Exam Accepted | 2025 Closing Percentile (Open) |
|---|---|---|---|---|
| Maharashtra State (CAP) | 120 | Maharashtra domicile only; further split into Home University (Mumbai Univ) and Other-than-Home-University seats | MAH CET | 99.93 |
| All-India (OMS) | 18 | Candidates graduating from a university outside Maharashtra; Open merit only, no category reservation | MAH CET, CAT, CMAT | 99.99 |
| EWS / PwD / Supernumerary | ~18 | As per Maharashtra reservation norms (domicile required) | MAH CET | - |
| Total | 156 | - | - | - |
| Category | JBIMS MMS Total Fee (2 years) |
|---|---|
| Open | INR 8,34,350 |
| OBC / EWS | INR 4,39,350 |
| SC / ST | INR 34,350 |
Ques. Does the MBA fee at Mumbai colleges include hostel and mess charges?
Ans. It depends on the college. IIM Mumbai bundles both hostel and mess into its INR 25.50 Lakh MBA fee with no separate accommodation charge, and BITSoM Mumbai's INR 28.55 Lakh fee is all-inclusive with two years of on-campus accommodation built in. SPJIMR Mumbai's INR 24.86 Lakh PGDM fee covers tuition and basic hostel, but mess, travel, and personal expenses are billed separately. SJMSOM Mumbai charges hostel and mess on top of its academic fee, roughly INR 47,000 to 50,000 per semester, taking the all-in cost to about INR 16.43 Lakh. NMIMS Mumbai, JBIMS Mumbai, and TISS Mumbai keep hostel entirely outside the fee: NMIMS hostel runs INR 2.5 to 3.5 Lakh per year, JBIMS has only limited on-campus hostel, and TISS charges INR 18,000 to 48,000 per semester including dining but does not guarantee hostel to General-category first-year students. Since living costs in Mumbai run high, compare the all-in cost rather than the headline fee.
| College Name | Programme Fee (INR) | Hostel Included? | Mess Included? | Hostel / Mess Charges if Separate | All-in Cost (2 Years) |
|---|---|---|---|---|---|
| IIM Mumbai | 25.50 Lakh (MBA) | Yes | Yes | - | 25.50 Lakh |
| BITSoM Mumbai | 28.55 Lakh (MBA) | Yes (2-year on-campus stay, INR 3 Lakh built in) | Yes (residential campus) | - | 28.55 Lakh (tuition 23.85 Lakh + admission fee 1.5 Lakh + accommodation 3 Lakh) |
| SPJIMR Mumbai | 24.86 Lakh (PGDM) | Yes (basic) | No | Mess, travel, and personal expenses on actuals | 24.86 Lakh + mess |
| SJMSOM Mumbai (IIT Bombay) | 15.15 – 15.55 Lakh (MBA, Gen/EWS/OBC); ~7.15 Lakh for SC/ST/PwD | No (optional) | No (optional) | Hostel INR 20,250 + mess advance INR 27,000 per semester | ~16.43 Lakh |
| NMIMS Mumbai | 25 – 27.02 Lakh (MBA Core) | No (optional) | No | Hostel INR 2.5 – 3.5 Lakh per year | ~30 – 34 Lakh with hostel |
| JBIMS Mumbai | 8.34 Lakh (MMS, Open) | No | No | Limited on-campus hostel; most students stay in PG accommodation | 8.34 Lakh + accommodation |
| TISS Mumbai (MA HRM & LR) | 1.85 Lakh | No | No | Hostel + dining INR 18,000 – 48,000 per semester; hostel not guaranteed for General category in Year 1 | ~2.6 – 3.8 Lakh with hostel |
Ques. What is the median package and placement percentage at the top MBA colleges in Mumbai?
Ans. SPJIMR Mumbai placed 100% of its 356-student Class of 2026 with a median of 32.85 LPA against an average of 33.6 LPA, 46% of the batch converted PPOs, and 68% of offers came in at or above 30 LPA. IIM Mumbai's 505-student batch of 2024-26 drew 502 offers (three students opted for entrepreneurship), with 179 PPOs, a highest domestic package of 71.4 LPA, and an average of 34.5 LPA for the top half of the batch; the institute publishes percentile-wise averages rather than a single batch average. SJMSOM Mumbai placed 100% of its 126-student batch at a median of 26 LPA, and JBIMS Mumbai's median (26.15 LPA) sits almost level with its average (26.48 LPA), which points to a tight salary band rather than a few outliers pulling the average up. Median and percentage-placed are better indicators than highest package for judging real outcomes. Here is the placement depth of the top MBA colleges in Mumbai.
| College Name | Batch Size | % Placed | Median Package | Average Package | Highest Package | PPO / Other |
|---|---|---|---|---|---|---|
| SPJIMR Mumbai | 356 (Class of 2026) | 100% | 32.85 LPA | 33.6 LPA | 75 LPA | 46% PPO (163 offers); top 25% avg 43.75 LPA; 68% of offers at or above 30 LPA; 80 recruiters; Consulting 40% of offers |
| IIM Mumbai | 505 (2024-26) | 502 offers; 3 opted for entrepreneurship | 33 LPA (NIRF 2025, batch 2023-24) | 34.5 LPA (top 50%); 47.5 LPA (top 10%) | 71.4 LPA (domestic) | 179 PPOs; 200 recruiters; Consulting 123 offers; BFSI hiring up 33% |
| SJMSOM Mumbai (IIT Bombay) | 126 (2024-26) | 100% | 26 LPA | 28.16 LPA | 53.8 LPA | 35.7% PPO; top-75%ile median 30.95 LPA; 51 recruiters; Pharma 23%, Consulting 20% |
| JBIMS Mumbai (MMS) | 157 (2023-25) | 100% | 26.15 LPA (2025) | 26.48 LPA (2025); 26.67 LPA (2026) | 55.6 LPA (2025); 80 LPA (2026) | 94 PPOs (2025); 65 recruiters; BFSI & IB 42%, Tech & E-commerce 18%, Consulting 16% |
| NMIMS Mumbai (MBA Core) | 600 (intake) | - | - | 24.6 LPA (2026) | 41.28 LPA (2026) | 28% PPO (2026); 190 recruiters incl. 69 new; MBA HR avg 19.08 LPA |
| BITSoM Mumbai | 160 (intake) | - | - | 21 LPA (2025) | 32.50 LPA | Recruiters include McKinsey, KPMG, EY, PwC, Accenture, HUL, JP Morgan |
| IBS Mumbai | - | 95% | - | 7.89 LPA | 20 LPA | - |
Ques. What is the difference between MBA, PGDM, and MMS offered by Mumbai colleges?
Ans. IIM Mumbai and SJMSOM Mumbai award an MBA degree, SPJIMR Mumbai and WeSchool Mumbai award an AICTE-approved PGDM (a diploma, not a degree), JBIMS Mumbai awards an MMS degree from the University of Mumbai, and TISS Mumbai's management flagship is an MA in HRM & LR. The label matters for government jobs, PhD eligibility, and some overseas applications, so confirm the credential before choosing between two colleges with similar placements. Here is what each top MBA college in Mumbai actually awards.
| College Name | Credential Awarded | Awarding Body | Degree or Diploma |
|---|---|---|---|
| IIM Mumbai | MBA | IIM Mumbai (IIM Act) | Degree |
| SJMSOM Mumbai (IIT Bombay) | MBA | IIT Bombay | Degree |
| SPJIMR Mumbai | PGDM | SPJIMR (AICTE-approved, autonomous) | Diploma |
| JBIMS Mumbai | MMS | University of Mumbai | Degree |
| NMIMS Mumbai | MBA | NMIMS Deemed-to-be University | Degree |
| TISS Mumbai | MA (HRM & LR) / MA (ODCL) | TISS Deemed University | Degree |
| BITSoM Mumbai | MBA | BITS Pilani | Degree |
| SPJSGM Mumbai | GMBA | SP Jain School of Global Management (foreign-accredited institute) | Foreign institute credential |
| KJ Somaiya Mumbai | MBA | Somaiya Vidyavihar University | Degree |
| WeSchool Mumbai | PGDM (AICTE) / MMS (University of Mumbai, via MAH CET CAP) | WeSchool / University of Mumbai | Diploma / Degree |
| SDA Bocconi Asia Centre Mumbai | IMB | SDA Bocconi (Milan) | Foreign institute credential |
Ques. Which MBA colleges in Mumbai accept XAT, GMAT, CMAT, or NMAT, and what is the cutoff?
Ans. KJ Somaiya Mumbai accepts the widest set of exams among the top Mumbai colleges: XAT 71 percentile, CMAT 98 percentile, NMAT 224 to 226, and GMAT 500 (2025 cycle). WeSchool Mumbai takes CAT/XAT/GMAT at 75 to 80 percentile and CMAT/ATMA at 80 to 85 percentile for PGDM, while its MMS seats close at 99.5 percentile and above in MAH CET. SPJIMR Mumbai takes GMAT with a 75 percentile cutoff, BITSoM Mumbai accepts GMAT and GRE on a rolling basis, NMIMS Mumbai admits only through NMAT (209 overall, 62 sectional), and JBIMS Mumbai accepts CAT and CMAT only for its 18 All-India seats. Here is the exam-wise cutoff for the MBA colleges in Mumbai.
| College Name | XAT | GMAT | CMAT | NMAT | MAH CET |
|---|---|---|---|---|---|
| KJ Somaiya Mumbai | 71 %ile (2025 R1, all categories) | 500 | 98 %ile | 224 – 226 | - |
| WeSchool Mumbai | 75 – 80 %ile (PGDM) | 600 (PGDM) | 80 – 85 %ile (PGDM); also ATMA 80 – 85 %ile | Not accepted | 99.5 – 99.65 (MS Open) / 99.85 – 99.95 (All-India) for MMS |
| SPJIMR Mumbai | - | 75 %ile | - | - | - |
| BITSoM Mumbai | Not accepted | Accepted year-round; Class of 2026 median ~700 (range 640 – 750); GRE also accepted | Not accepted | Not accepted | Not accepted |
| NMIMS Mumbai | Not accepted | Not accepted | Not accepted | 209 overall / 62 sectional | Not accepted |
| JBIMS Mumbai | - | - | Accepted (All-India quota only) | - | 99.93 (State) / 99.99 (All-India) |
| SPJSGM Mumbai | - | Accepted (also GRE, NMAT, SPJAT); no published cutoff | - | Accepted | - |
Ques. Which are the best MBA colleges in Mumbai accepting MAH CET?
Ans. 38 MBA colleges in Mumbai accept MAH CET for MBA/PGDM admission. JBIMS Mumbai, SIESSBS Mumbai, and NLDIMSR Mumbai are the top MBA colleges in Mumbai accepting MAH CET. Here is the list of the best MBA colleges in Mumbai that accept the MAH CET score.
| College Name | Course Fees | Cutoff |
|---|---|---|
| JBIMS Mumbai | 7 Lakh | 99.98 - 99.99 |
| SIESSBS Mumbai | 9 Lakh | - |
| NLDIMSR Mumbai | 16.5 Lakh | - |
| VBS Mumbai | 9.51 Lakh | 85 |
| IES MCRC Mumbai | 9.12 Lakh | - |
Ques. What is the admission procedure of MBA colleges in Mumbai?
Ans. There are two main routes to take admission into an MBA college in Mumbai: one is through an entrance exam, and the other is through direct admission.
Admission is based on entrance exams such as CAT, CMAT, XAT, MAT, etc., followed by a Personal Interview (PI) and a Written Ability Test (WAT). This is the main and most followed process for MBA admission.
Some colleges offer direct admission based on academic performance or management quotas, mostly without an entrance exam. The fees may be higher for this process, and the criteria depend on the college. DSIMS Mumbai, AGBS Mumbai, AIAIMS Mumbai, GICED Mumbai, and ACPEC Mumbai are some of the MBA Colleges in Mumbai that offer direct admission in the MBA/PGDM course.
Ques. What is the average salary after completing an MBA from Mumbai?
Ans. The average salary of top-tier MBA colleges (ranked 1-10) in Mumbai (such as SPJIMR Mumbai, IIM Mumbai, TISS Mumbai, JBIMS Mumbai, and SJMSOM Mumbai) ranges from 11.78 LPA at WeSchool Mumbai to 34 LPA at IIM Mumbai. The average salary for decent MBA colleges (11-20 Ranked) in Mumbai (like IIM Indore (Mumbai Campus), WeSchool Mumbai, SIESSBS Mumbai, IBS Mumbai, NLDIMSR Mumbai) ranges from 7.25 LPA at Amity University Mumbai to 25.50 LPA at IIM Indore (Mumbai Campus).
Ques. Which is the cheapest government & Private MBA college in Mumbai?
Ans. Ramniranjan Jhunjhunwala College is the cheapest government MBA college in Mumbai, offering a full-time 1-year PG Diploma in Clinical Data Management program for 39.8 K, while National Academy of Management Studies Mumbai is the cheapest private MBA college in Mumbai, offering a full-time 1-year PG Diploma for 25 K.
Ques. Which MBA colleges in Mumbai offer admission without the CAT entrance exam?
Ans. Many MBA colleges in Mumbai offer admissions through the management quota and accept scores from various entrance exams, including MAT, XAT, MAHCET, and CMAT. More than 38 MBA colleges in Mumbai accept MAH CET scores, and 41 colleges accept XAT scores. Here are some top MBA colleges in Mumbai that do not require CAT for admission:
- SIES School of Business Studies - [SIESSBS], Mumbai
- Kohinoor Business School - [KBS], Mumbai
- BSE Institute Limited - [BIL], Mumbai
- Amity University, Mumbai
- Guru Nanak Institute of Management Studies - [GNIMS], Mumbai
Table of Contents
Placement of MBA Colleges in Mumbai
SPJIMR Mumbai has recorded the highest salary of 75 LPA. Kearney, TAS, BCG, Aditya Birla Group, and Accenture Strategy are among the top recruiters. TISS Mumbai has recorded the highest ROI of 3185.36%. Here is the list of the placement details of the top MBA colleges in Mumbai.
| College Name | Highest Salary | Average/Median Package | ROI (%) | Top Recruiters |
|---|---|---|---|---|
| SPJIMR Mumbai | 75 LPA | 33.6 LPA | 148.08% | Kearney, TAS, BCG, Aditya Birla Group, Accenture Strategy |
| IIM Mumbai | 54 LPA | 34 LPA | 133.33% | Aditya Birla Group, Amazon, Bain & Company India Private Limited, Cognizant, Cypress |
| TISS Mumbai | 36.25 LPA | 28.2 LPA | 3185.36% | Accenture Strategy & Consulting, Asian Paints, Godrej Industries and Kotak Mahindra Bank |
| JBIMS Mumbai | 80 LPA | 27 LPA | 385.71% | Accenture, Adani, Axis Bank, Cognizant, Coca-Cola |
| SJMSOM Mumbai (IIT Bombay) | 1 Crore | 26 LPA | 167.20% | Adani Group, ICICI Bank, Deloitte, JP Morgan Chase & Co., Asian Paints |
| NMIMS Mumbai | 67.7 LPA | 20 LPA | 74.02% | ITC, Samsung, Pepsico, Axis Bank, ICICI Bank |
| SPJSGM Mumbai | 78.09 LPA | 33.72 LPA | 80.65% | Google, Amazon, Tata, IBM, and HCL |
| BITSoM Mumbai | 32.50 LPA | 21 LPA | 73.50% | Accenture Strategy, Arthur D. Little, BCG, EY, KPMG |
| KJ Somaiya Mumbai | 29.30 LPA | 12 LPA | 50.27% | Amazon, Carrier, Cognizant, Dell, Ernst & Young |
| SDA Bocconi Asia Centre Mumbai | 36.5 LPA | 14.10 LPA | 67.85% | Accenture, Deloitte, PwC, ICICI Bank, KPMG |
Top-Ranked MBA Colleges in Mumbai by Various Agencies
SPJIMR Mumbai holds the top position across all rankings, followed by IIM Mumbai, TISS Mumbai, and JBIMS Mumbai. Check out the NIRF, Collegedunia, IIRF, Outlook, and The Week MBA rankings in the following table.
| College Name | CD Rank | NIRF | India Today | IIRF | Outlook | The Week |
|---|---|---|---|---|---|---|
| SPJIMR Mumbai | 8 | 20 | 4 | 1 | 2 (2021) | 6 |
| IIM Mumbai | 13 | 6 | 12 | 10 | 17 (2021) | 9 |
| TISS Mumbai | 12 | - | - | - | - | - |
| JBIMS Mumbai | 16 | - | 19 | 8 | 10 | 2 (2019) |
| SJMSOM Mumbai (IIT Bombay) | 18 | 10 | - | 11 | - | 13 (2020) |
Students' Overview of Best MBA Colleges in Mumbai
SPJIMR Mumbai, IIM Mumbai, and TISS Mumbai are praised for their placements, faculty, and campus environment. Here is a summary of what students and alumni think about the top MBA colleges in Mumbai.
| College Name | Overall Ratings | Infrastructure | Academics | Pros | Cons |
|---|---|---|---|---|---|
| SPJIMR Mumbai | 4.2 (45) | 4.2 | 4.5 | Placement Process, Supportive Faculty, Affordable, Peaceful Environment | Restrooms, Sports Facilities, and Excessive Fines |
| IIM Mumbai | 4.3 (72) | 4.3 | 4.3 | Experienced Faculty, Curriculum, Placements, Live Projects, Campus | College Timings, Hostel Maintenance, Food Quality, and Congested Campus |
| TISS Mumbai | 4.0 (87) | 4.2 | 4.3 | Peaceful Environment, Renowned Faculty, Decent Placements, Campus, Alumni Network | Diversity of Faculties, Fee Increment, and Location |
| JBIMS Mumbai | 4.2 (39) | 3.8 | 4.6 | Location, High ROI, Pedagogy, Library, Experienced Faculty | Limited Hostel Accommodation, Old Infrastructure, Campus Life, Cultural Events |
| SJMSOM Mumbai | 4.4 (28) | 4.7 | 4.5 | Events, Sports, Faculty, Campus, Placements, Teaching Pedagogy | Ad-hoc Exam Dates, Unaffordable Fees, and Batch Size |
Government MBA Colleges in Mumbai 2026
The top Government MBA colleges in Mumbai are IIM Mumbai, IIT Bombay (SJMSOM), JBIMS Mumbai, and TISS Mumbai. The average fee ranges from 88.53 K at TISS Mumbai to 25.50 Lakh at IIM Mumbai, and the average placement package ranges from 26 LPA to 34 LPA. Here is the list of government MBA colleges in Mumbai, along with total fees and placement details.
| College Name | Highest Package | Average Package | Total Fees (INR) |
|---|---|---|---|
| IIM Mumbai | 54 LPA | 34 LPA | 25.50 Lakh |
| SJMSOM Mumbai (IIT Bombay) | 1,00,00,000 | 26 LPA | 15.55 Lakh |
| JBIMS Mumbai | 80 LPA | 27 LPA | 7 Lakh |
| TISS Mumbai | 36.25 LPA | 28.2 LPA | 88.53 K |
| SNDT Mumbai | - | 3.3 LPA | 3.53 Lakh |
Private MBA Colleges in Mumbai 2026
SPJIMR Mumbai, TISS Mumbai, and NMIMS Mumbai are the top three private MBA colleges in Mumbai. The average fee ranges from 88.53 K at TISS Mumbai to 41.81 Lakh at SPJSGM Mumbai, and the average placement package ranges from 7.89 LPA at IBS Mumbai to 33.72 LPA at SPJSGM Mumbai. Here is the list of top private MBA colleges in Mumbai, along with total fees and placement details.
| College Name | Highest Package | Average/Median Package | Total Fees (INR) |
|---|---|---|---|
| SPJIMR Mumbai | 75 LPA | 33.6 LPA | 22.69 Lakh |
| TISS Mumbai | 36.25 LPA | 28.20 LPA | 88.53 K |
| NMIMS Mumbai | 67.70 LPA | 25.13 LPA | 27.02 Lakh |
| SPJSGM Mumbai | 78.09 LPA | 33.72 LPA | 41.81 Lakh |
| BITSoM Mumbai | 32.50 LPA | 21 LPA | 28.57 Lakh |
| KJ Somaiya Mumbai | 29.30 LPA | 13.05 LPA | 23.87 Lakh |
| WeSchool Mumbai | 40 LPA | 11.66 LPA | 15.04 Lakh |
| SDA Bocconi Asia Centre Mumbai | 36.50 LPA | 14.10 LPA | 20.78 Lakh |
| SIESSBS Mumbai | 17 LPA | 9.26 LPA | 9.02 Lakh |
| IBS Mumbai | 20 LPA | 7.89 LPA | 8.11 Lakh |
MBA Colleges in Mumbai at Low CAT Score
WeSchool Mumbai has a CAT cutoff of 80 %ile, followed by Amity University Mumbai, whose CAT cutoff is 70 %ile. Here is the list of the MBA colleges in Mumbai that accept low CAT scores.
| College Name | CAT Percentile | Average/Median Package |
|---|---|---|
| WeSchool Mumbai | 80 | 11.78 LPA |
| Amity University Mumbai | 70 | 7.25 LPA |
| SIESSBS Mumbai | 50 | 9.26 LPA |
| IES MCRC Mumbai | 25 | 7.5 LPA |
MBA Colleges in Mumbai: Admission 2026
Admission to MBA colleges in Mumbai is based on CAT, MAH CET, NMAT, XAT, or GMAT scores, followed by WAT/GD and PI rounds. Most colleges require 50% in graduation (45% at TISS Mumbai, 60% at SJMSOM Mumbai). Here is the list of the top 10 MBA colleges in Mumbai, along with their exams accepted, selection process, and total seats.
| College Name | Exam Accepted | Selection Process | Total Seats |
|---|---|---|---|
| SPJIMR Mumbai | CAT, GMAT | Profile-based shortlist, Group Interview, PI | 360 |
| IIM Mumbai | CAT | CAT, WAT, PI | 476 |
| TISS Mumbai | CAT | CAT, TISS-PIT, PI | - |
| JBIMS Mumbai | MAH CET, CAT, CMAT | CAP Round (DTE Maharashtra) | - |
| SJMSOM Mumbai | CAT | CAT, WAT, PI | 198 |
| NMIMS Mumbai | NMAT | NMAT, Competency Test, PI | 600 |
| SPJSGM Mumbai | GMAT, GRE, CAT, NMAT, SPJAT | Aptitude Test, PI | - |
| BITSoM Mumbai | CAT, GMAT, GRE | Application, PI | 240 (approx) |
| KJ Somaiya Mumbai | CAT, XAT, CMAT, GMAT, NMAT | Case Discussion, PI | 720 |
| SDA Bocconi Asia Centre Mumbai | CAT, GMAT, GRE, SDA Bocconi Test | Application, PI | - |
MBA Colleges in Mumbai with Direct MBA Admission
DSIMS Mumbai, AGBS Mumbai, AIAIMS Mumbai, GICED Mumbai, and ACPEC Mumbai are some of the popular MBA Colleges in Mumbai that offer an MBA/PGDM course based on merit in graduation, with other criteria.
| College Name | Total Course Fee | Admission Process |
|---|---|---|
| DSIMS Mumbai | 4.65 Lakh | Direct admission based on Graduation Marks and Personal Interview (PI) |
| AGBS Mumbai | 8.56 Lakh | Admission is generally based on a combination of Undergraduate Academic Records and a Personal Interview (PI) |
| AIAIMS Mumbai | 2.5 Lakh | Direct admission is often based on Academic Merit (graduation performance) and a Personal Interview (PI) |
| GICED Mumbai | 66 - 71.50 K | Admission is usually merit-based, considering Undergraduate Scores and other criteria. |
| ACPEC Mumbai | 2.41 Lakh | Admission is often merit-based, considering academic performance in undergraduate studies. |
Cheapest MBA Colleges in Mumbai 2026
NAMS Mumbai is the cheapest MBA college in Mumbai with a full-time 2-year MBA course of 25 K, followed by ISMS Mumbai, which has a fee of 28.9 K. Here is the list of MBA colleges in Mumbai based on low fees.
| College Name | Course Type | Total Fees (INR) |
|---|---|---|
| NAMS Mumbai | PG (Diploma) | 25 K |
| ISMS Mumbai | PG (Diploma) | 28.9 K |
| KSBM Mumbai | PG (Degree) | 39.9 K |
| XIBMS Mumbai | PG (Degree) | 40.9 K |
| Mumbai University Mumbai | PG (Diploma) | 60 K |
Top Specialisations offered by MBA Colleges in Mumbai
General MBA is one of the most popular MBAs in Mumbai, with 55 colleges providing the stream. Below is the list of the top MBA specialisations in Mumbai, along with the total number of colleges offering the specialisations and the top 3 colleges for each specialisation.
| Specialization | Count of Colleges | Top Colleges |
|---|---|---|
| Finance | 36 | IIM Mumbai, SJMSOM Mumbai, Welingkar Mumbai |
| Marketing | 33 | KJ Somaiya, Wellingkar, Vivekanand Business School |
| Operations Management | 26 | IIM Mumbai, SJMSOM Mumbai, Welingkar Mumbai |
| Human Resources Management | 24 | JBIMS Mumbai, SJMSOM Mumbai, NMIMS Mumbai |
MBA Colleges in Mumbai FAQs
Ques. Which are the top Executive MBA colleges in Mumbai?
Ans. 32 MBA colleges in Mumbai offer the Executive MBA Course. SPJIMR Mumbai is offering the Executive MBA course for 9.95 Lakh. Here is the list of the top Executive MBA colleges in Mumbai with their course fees.
| College Name | Course Fees |
|---|---|
| SPJIMR Mumbai | 9.95 Lakh |
| IIM Mumbai | 16.32 Lakh |
| SJMSOM Mumbai | 45 Lakh |
| SPJSGM Mumbai | 15.86 Lakh |
| KJ Somaiya Institute of Management Mumbai | 12.38 Lakh |
Ques. Which are the top Part-time MBA colleges in Mumbai?
Ans. 19 MBA colleges in Mumbai offer a part-time MBA Course. SPJIMR Mumbai is offering the part-time MBA course for 10 Lakh. Here is the list of the top MBA colleges in Mumbai that offer a part-time MBA Course.
| College Name | Course Fees |
|---|---|
| SPJIMR Mumbai | 10 Lakh |
| WeSchool Mumbai | 1.26 Lakh |
| GNIMS Mumbai | 1.51 - 1.71 Lakh |
| JDBIMS Mumbai | 3.4 Lakh |
| GICED Mumbai | 50 K - 1.5 Lakh |
Ques. Which are the top Distance MBA colleges in Mumbai?
Ans. 6 MBA colleges in Mumbai offer the Distance MBA Course. WeSchool Mumbai is offering the distance MBA course for 14.04 Lakh. Here is the list of the top distance MBA colleges in Mumbai with their course fees.
| College Name | Course Fees |
|---|---|
| WeSchool Mumbai | 14.04 Lakh |
| IIBMS Mumbai | 43 K |
| HJCE Mumbai | 5 K - 6.6 K |
| Vikas College Mumbai | - |
| XIBMS Mumbai | 60 K |
Ques. How many women-only MBA colleges are there in Mumbai?
Ans. 3 women-only MBA colleges in Mumbai offer MBA/PGDM programs.
- Jankidevi Bajaj Institute of Management Studies - [JDBIMS], Mumbai
- Shreemati Nathibai Damodar Thackersey Women's University - [SNDT], Mumbai
- Shri MD Shah Mahila College of Arts & Commerce, Mumbai
Ques. Which are the most popular entrance exams accepted by MBA colleges in Mumbai?
Ans. CAT, CMAT, XAT, and MAT are some of the popular top entrance exams for MBA admission in Mumbai. Here is the list of the entrance exams that are accepted by the MBA College in Mumbai.
| Exam Name | Total number of colleges accepting the exam |
|---|---|
| CAT | 52 |
| CMAT | 45 |
| XAT | 41 |
| MAT | 36 |
| MAHCET | 35 |
| ATMA | 30 |
| GMAT | 27 |
| NMAT | 10 |
Ques. How many MBA colleges are affiliated with the University of Mumbai?
Ans. 31 MBA colleges in Mumbai are affiliated with the University of Mumbai. Here are the top 3 MBA colleges in Mumbai that are affiliated with the University of Mumbai.
Ques. How many MBA colleges in Mumbai are approved by AICTE?
Ans. There are 64 AICTE-approved MBA colleges in Mumbai. Here is a list of the top 5 MBA colleges in Mumbai that are approved by AICTE.
Ques. How many MBA colleges in Mumbai are approved by CRISIL?
Ans. Only 1 MBA college in Mumbai is approved by CRISIL.
- NIEM The Institute of Event Management, Mumbai
2026
![IIT Bombay - Indian Institute of Technology - [IITB] logo](https://img.collegedunia.com/public/college_data/images/logos/1431953162ccgsygdygw.jpg?h=43&w=43&mode=stretch)
![Guru Nanak Institute of Management Studies - [GNIMS] rounded](https://img.collegedunia.com/public/college_data/images/logos/1702290834download8.png?h=39&w=39&mode=stretch)
![Mumbai Educational Trust - [MET] rounded](https://img.collegedunia.com/public/college_data/images/logos/1771673763Screenshot20260221165819.png?h=39&w=39&mode=stretch)
![MET Asian Management Development Centre - [MET AMDC] rounded](https://img.collegedunia.com/public/college_data/images/logos/1767875680AAA.jpg?h=39&w=39&mode=stretch)
![Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University] logo](https://img.collegedunia.com/public/college_data/images/logos/1506323004Logo.jpg?h=43&w=43&mode=stretch)
![SP Jain School of Global Management -[SPJSGM] logo](https://img.collegedunia.com/public/college_data/images/logos/1686724005SPJainSchoolofGlobalManagement3.png?h=43&w=43&mode=stretch)
![BITS School of Management - [BITSoM] logo](https://img.collegedunia.com/public/college_data/images/logos/1611922351bitsomlogo.png?h=43&w=43&mode=stretch)
![SIES School of Business Studies - [SIESSBS] logo](https://img.collegedunia.com/public/college_data/images/logos/1738318585download20.jpeg?h=43&w=43&mode=stretch)
![ICFAI Business School - [IBS] logo](https://img.collegedunia.com/public/college_data/images/logos/1569392001IBSLogowithR1.jpg?h=43&w=43&mode=stretch)
![N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR] logo](https://img.collegedunia.com/public/college_data/images/logos/1767412859Screenshot20260103093047.png?h=43&w=43&mode=stretch)
![Mumbai Educational Trust - [MET] logo](https://img.collegedunia.com/public/college_data/images/logos/1771673763Screenshot20260221165819.png?h=43&w=43&mode=stretch)
![SASMIRA's Business School - [SBS] rounded](https://img.collegedunia.com/public/college_data/images/logos/1774868227SBS11zon.png?h=39&w=39&mode=stretch)
![N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR] rounded](https://img.collegedunia.com/public/college_data/images/logos/1767412859Screenshot20260103093047.png?h=39&w=39&mode=stretch)
![Thakur Global Business School - [TGBS] rounded](https://img.collegedunia.com/public/college_data/images/logos/1612014503TGBSlogo1.png?h=39&w=39&mode=stretch)
![Mumbai University - [MU] logo](https://img.collegedunia.com/public/college_data/images/logos/1775120985download1logoooo2.jpg?h=43&w=43&mode=stretch)
![IES's Management College and Research Centre - [IES MCRC] logo](https://img.collegedunia.com/public/college_data/images/logos/15754459971456129244344610logo.png?h=43&w=43&mode=stretch)
![Amity Global Business School - [AGBS] Malad logo](https://img.collegedunia.com/public/college_data/images/logos/1772778541Screenshot20260306115751.png?h=43&w=43&mode=stretch)
![Chetana's Institute of Management and Research - [CIMR] logo](https://img.collegedunia.com/public/college_data/images/logos/1583739091CIMRLogo.png?h=43&w=43&mode=stretch)
![Atharva Institute of Management Studies - [AIMS] logo](https://img.collegedunia.com/public/college_data/images/logos/1589371942aimslogoweb.jpg?h=43&w=43&mode=stretch)
![Institute of Chemical Technology - [ICT] logo](https://img.collegedunia.com/public/college_data/images/logos/1505131397logo.png?h=43&w=43&mode=stretch)
![Shreemati Nathibai Damodar Thackersey Women's University - [SNDT] logo](https://img.collegedunia.com/public/college_data/images/logos/1432819391p.jpg?h=43&w=43&mode=stretch)
![St. Francis Institute of Management and Research - [SFIMAR] logo](https://img.collegedunia.com/public/college_data/images/logos/1716542066SFIMARLOGOSmall.jpg?h=43&w=43&mode=stretch)
![Thakur Institute of Management Studies and Research - [TIMSR] logo](https://img.collegedunia.com/public/college_data/images/logos/1611993518timsr.jpg?h=43&w=43&mode=stretch)
![Parle Tilak Vidyalaya Association’s Institute of Management - [PTVA] logo](https://img.collegedunia.com/public/college_data/images/logos/14908579478.jpg?h=43&w=43&mode=stretch)
![Kohinoor Business School - [KBS] logo](https://img.collegedunia.com/public/college_data/images/logos/1665469118index.jpg?h=43&w=43&mode=stretch)
![Sasmira The Synthetic and Art Silk Mill's Research Association - [SASMIRA] logo](https://img.collegedunia.com/public/college_data/images/logos/1421497432sasmira-logo1.jpg?h=43&w=43&mode=stretch){kind=logo}
