Top 10 MBA/PGDM Colleges in Mumbai: Admission, Placement, Fee

10Feb,2020
By Sarada Prasad Rath

An MBA degree helps set the career of a student in the field of business and management. Obtaining an MBA degree in your desired field of specialization will give you a good and competitive edge in the corporate world. This high paying career choice has become an entry-level qualification for bigger posts in top MNCs and other organizations. Are you planning to pursue MBA/PGDM in Mumbai?

Here are a few top B-Schools present in the financial capital of India: 

Jamnalal Bajaj Institute of Management Studies (JBIMS)

JBIMS is one of the best colleges that has constantly secured good ranks in the list of top 10 business schools in India. Founded in 1965, JBIMS always focuses on offering exclusive management education. The admission in JBIMS is based on scores of MAH CET, CAT, GMAT. The total seats available in this institution is 120. 

Course Fee - Rs. 6 Lakh

Average Salary - Rs 18.3 LPA

Read the basic differences between, MBA Vs PGDM

S. P. Jain Institute of Management & Research (SPJIMR)

SPJIMR has been providing the best education facilities since its origin in the year 1981. This college is a part of the Bharatiya Vidya Bhavan and functions as an autonomous institute with entrepreneurial agility. SPJIMR accepts admission based on the scores of CAT, XAT, GMAT. The total seats available in this institution is 240.

Course Fee - Rs. 17,87 Lakh

Average Salary - Rs 22.9 LPA

SVKM's Narsee Monjee Institute of Management Studies (NMIMS)

NMIMS was established in the year 1981 and was granted "Deemed University" status in 2003 by the UGC. Apart from its Mumbai campus, NMIMS also has campuses in Shirpur, Bengaluru, and Hyderabad. The institute offers admission through scores of CAT, NMAT, XAT, MAT. The total seats available is 500.

Course Fee - Rs. 16.5 Lakh

Average Salary - Rs 15 LPA

Career Options You Have after You Complete Your MBA

Principal L. N. Welingkar Institute of Management Development & Research

Popularly known as "WeSchool", Principal L. N. Welingkar Institute of Management Development & Research came into being in the year 1977. The other campus in Bengaluru was established in the year 2008. This institute provides admission to its MBA programs through scores of CAT, MAT, XAT, CMAT, ATMA, GMAT, MHT CET. The institute provides 60 seats each to its MBA courses.

Course Fee - Rs. 9 Lakh

Average Salary - Rs 11 LPA

K. J. Somaiya Institute of Management Studies & Research (KJ SIMSR)

KJ SIMSR was established at Somaiya Vidyavihar, Mumbai in the year 1981. The institute provides admission through scores of CAT, GMAT, CMAT, MAH CET, XAT. The institute provides a total of 120 seats for its PGDM courses.

Course Fee - Rs. 13.5 Lakh

Average Salary - Rs 10 LPA

Sydenham Institute of Management Studies and Research and Entrepreneurship Education (SIMSREE)

SIMSREE functions under the University of Mumbai was founded in the year of 1983. The institute provides admission through scores of CMAT, MAH CET, MAT, CAT, ATMA, XAT. The institute provides 30 seats each to its MBA courses. 

Course Fee - Rs. 1.3 Lakh

Average Salary - Rs 10.9 LPA

ICFAI Business School (IBS)

Since its inception in 1995, IBS has been one of the best B-Schools in the country, providing excellent academic delivery and infrastructure to its students. The institute provides admission through scores of IBSAT, CAT, MAT, XAT. The institute provides 60 seats each to its MBA courses

Course Fee - Rs. 11 Lakh

Average Salary - Rs 8.3 LPA

Shailesh J. Mehta School of Management, IIT Bombay

Shailesh J. Mehta School of Management was established in 1995 and holds the 9th position in global publication count. The institute provides admission to its MBA programs through CAT scores only. The institute has a total of 152 seats. 

Course Fee - Rs. 4 Lakh

Average Salary - Rs 20 LPA

Xavier Institute of Management and Research (XIMR)

Xavier Institute of Management & Research (XIMR), Mumbai was founded in July 2006. It has been a member of the world’s largest education network, the Society of Jesus (Jesuits), founded in 1540. The institute provides admission through scores of XAT, CAT, MAT, MAH CET. The institute has a total of 61 seats (60+1 for J&K candidates) per batch.

Course Fee - Rs. 11 Lakh

Average Salary - Rs 14.3 LPA

National Institute of Industrial Engineering (NITIE)

NITIE was established by the Indian Government in 1963. The institute initially started its program as Industrial Engineering but since last few years, it has also started PGDM courses and is one of the top MBA colleges present in Mumbai. The institute provides admission through CAT score and has a total of 304 seats.

Course Fee - Rs. 12.5 Lakh

Average Salary - Rs 19.7 LPA

Is doing MBA after Engineering Worthwhile?

Choosing a good B-School is the most difficult task a candidate who wants to pursue an MBA as it can make or break his/her career. The candidates have to consider the score they got in the entrance exam and the admission procedure of a particular college. Mumbai has the most number of top B-School where candidates from around the world pursue their MBA careers. We hope this article gives a clear perspective of a few of those top B-Schools.

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