In Mumbai, there are 190 MBA institutes that provide MBA programs. There are 137 MBA institutions that are privately held among them, and 11 MBA colleges that are owned by public or government entities. The leading MBA institutions in Mumbai accept candidates from CAT, XAT, and CMAT as their admission examinations. The three most well-known MBA programs in Mumbai are SPJIMR, IIT Bombay, and National Institute of Industrial Engineering.
Enquiry NowMumbai is home to some of the most renowned business schools in India, such as Jamnalal Bajaj Institute of Management Studies -JBIMS Mumbai, Sydenham Institute of Management Studies, Research, and Entrepreneurship Education (SIMSREE), and Narsee Monjee Institute of Management Studies NMIMS Mumbai. Mumbai, often referred to as the financial capital of India, stands as an eminent hub of MBA education, drawing aspirants from across the nation and beyond. This bustling metropolis is home to a plethora of esteemed business schools, each offering a unique blend of academic excellence and practical insights into the world of management MBA in Mumbai. Here’s why Mumbai holds a special place in the hearts of MBA colleges like SPJIMR, JBIMS, NMIMS, and NITIE.
Types of MBA Colleges in Mumbai | Government or Public, University Affiliated, Private PGDM colleges |
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No. of MBA colleges in Tamil Nadu | 27 |
Annual Fees | a) INR < 1 lakh: 6 colleges b) INR 1-2 lakh: 12 colleges c) INR 2-3 lakh: 1 college |
Top Specialisations | Finance, Human Resources, Sales and Marketing, Operations, Business Analytics, etc. |
Accepted Entrance Exams | CAT, MAT, CMAT, etc. |
The admission process for MBA programs in Mumbai typically involves several stages and can vary from one institution to another. However, This article will provide you with a general overview of the common steps involved in the MBA admission process in Mumbai: Eligibility Criteria: Most MBA programs in Mumbai have specific eligibility criteria that applicants must meet. Common requirements include a bachelor’s degree to get admission to an MBA from a recognized university with a minimum percentage or CGPA, often around 50% or above. Additionally, some institutions may have specific requirements related to work experience, particularly for Executive MBA programs. Entrance Exam: To apply for an MBA in Mumbai, you usually need to appear for a relevant entrance exam. Commonly accepted entrance exams include CAT (Common Admission Test), XAT (Xavier Aptitude Test), GMAT (Graduate Management Admission Test), or state-level exams like MAH-CET (Maharashtra Common Entrance Test) admission in Mumbai. Your performance in the entrance exam plays a significant role in the selection process, for MBA admission in Mumbai. Application Form Submission: Once you have your entrance exam scores, you need to fill out the application forms for admission to MBA, the MBA programs you wish to apply to. These forms are typically available on the respective institution’s website. Pay attention to application deadlines, as missing them can disqualify your application. Written Ability Test (WAT): Some institutions may include a written ability test as part of the MBA admission in Mumbai. This test evaluates your written communication skills and analytical thinking. Document Verification: Before the start of the academic session, you may be required to submit copies of your academic certificates, and other necessary documents for verification.
Also Check other MBA Specializations
MBA in Marketing | MBA in Business Analytics |
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MBA in Human Resource | MBA in Finance |
MBA in Data Analytics | MBA in Operations |
MBA in Information Technology | MBA in International Business |
MBA in Digital Marketing |
MBA colleges in Mumbai typically admit students through various entrance exams, depending on the institution and the program. Here are some of the common MBA entrance exams that may be required for MBA admission in Mumbai:
CAT 2024 Exam Dates | MAT 2024 Latest updates |
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GMAT 2024 Exam Dates | Cmat 2024 Latest updates |
CAT | 3 |
MAT | 3 |
XAT | * |
CMAT | 2 |
Mumbai is the most popular location for MBA students in India. The top 5 MBA Colleges in Mumbai, according to reputable rankings, are SPJIMR Mumbai, NMIMS Mumbai, IIT Bombay, NITIE Mumbai, and JBIMS Mumbai. If we include further MBA schools in Mumbai, they include K J Somaiya, Welingkar, BITSOM, SDA Bocconi, SIMSREE Mumbai, SIES Mumbai, and IBS Mumbai.
MBA college in Mumbai Rank & Grade Wise | NIRF Ranking 2023 |
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SPJIMR, Mumbai | # 4 |
SJMSoM-IIT Bombay | # 13 |
NMIMS, Mumbai | # 14 |
NITIE Mumbai | AAA |
JBIMS Mumbai | AAA |
IIM Nagpur | # 27 |
K J Somaiya Institute of Management, Mumbai | # 29 |
Prin L N Welingkar Institute of Management Development and Research | # 32 |
Tata Institute of Social Sciences (TISS) Mumbai | -- |
MBA in Marketing | MBA in Business Analytics |
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MBA in Human Resource | MBA in Finance |
MBA in Data Analytics | MBA in Operations |
MBA in Information Technology | MBA in International Business |
MBA in Digital Marketing | -- |
Public/Government Colleges | Total Tuition Fee |
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Faculty of Social Science, Dayalbagh Educational Institute | INR 7,000 – INR 22,000 |
Also read– MBA Admission 2024 |
Public Colleges | Total Tuition Fee/Seat Intake | Entrance Exam/Eligibility |
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IIT Bombay Admission | INR 8 lakh – INR 20 lakh Seats: 172 | Entrance Exam: CAT Graduation with 60% aggregate |
IIM Mumbai (formerly known as NITIE) Admission | INR 8.5 lakh Seats: 338 | Entrance Exam: CAT, GATE Graduation with 50% aggregate |
Sasmira’s Institute of Management Studies Admission | INR 4 lakh Seats: 120 | Entrance Exam: CAT, MAT, XAT, MAH CET Graduation with 45% aggregate |
University of Mumbai Admission | INR 2 lakh Seats: 8,578 | Entrance Exam: CAT, MAT, XAT, MAH CET Graduation with 45% aggregate |
All of the institutions providing the MBA programs from Mumbai University as well as TISS Mumbai are among the best MBA schools in Mumbai with affordable tuition. If you enroll in these MBA programs, the low-cost MBA in Mumbai ranges from Rs. 2 lakhs to Rs. 15 lakhs. Therefore, think carefully before deciding to enroll in one of Mumbai’s best MBA or PGDM programs. The following list of MBA institutions in Mumbai with affordable fees includes a cost structure that ranges from low to high:
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Course: MBA & PGDM | FEE: ₹ 10,45,000 | AICTE, NBA, AIU .
MoreCourse: MBA & PGDM | FEE: ₹ 8,48,000 | AICTE, NBA, AIU .
MoreCourse: MBA & PGDM | FEE: ₹ 10,48,000 | AICTE, NBA, AIU
MoreCourse: MBA/PGDM/PG Diploma | FEE: ₹ 9.5 L - 22.1 L | AICTE, NBA, AACSB, AMBA
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