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

  • 10Feb,2020

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


    Read details about, CAT, XAT, MAT, CMAT, ATMA, GMAT, NMAT


    1. Jamnalal Bajaj Institute of Management Studies (JBIMS)

    JBIMS has been consistently ranked in the list of the top 10 business schools in India. Founded in 1965, JBIMS is considered to be unique in 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 here, MBA Vs PGDM


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

    SPJIMR was established in the year 1981 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


    3. 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


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

    Popularly known as "WeSchool" , Principal L. N. Welingkar Institute of Management Development & Research was established 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


    5. 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


    6. 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


    7. 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


    8. Shailesh J. Mehta School of Management, IIT Bombay

    Shailesh J. Mehta School of Management was established in 1995 and holds 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


    9. Xavier Institute of Management and Research (XIMR)

    Xavier Institute of Management & Research (XIMR), Mumbai was founded in July 2006 as 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


    10. 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 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 perspectives of few of those top B-Schools.


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