Best MBA Colleges in Mumbai 2023
Taking into account, the unique pedagogy, highly qualified faculty, average placements, reputation of Institutes, alumni support and some other considerable factors for arriving upon a good management institute, here is listing ‘Best MBA Colleges in Mumbai and their fees in 2023 rank-wise’.
There are many MBA colleges in Mumbai which provides MBA/PGDM full time course. Here is the list of best MBA/PGDM Colleges in Mumbai in 2023.
UBS(Universal Business School)
Universal Business School (UBS) located in Mumbai, established in 2009 is a private institute led by Global CEOs with unrivaled management knowledge of companies from across the globe. It is ranked by GMAC as 2nd most attractive B-School in India and in one of the best MBA college in Mumbai. UBS is genuinely global with the International Curriculum, Global Degree, International Alliances with 15 Universities, International Board from 20 Countries, International Students and employees and Faculty, American Architects and International Placements in 10 countries. The B-School is in collaboration with Universities from UK, USA, France, Switzerland and Italy. UBS is built 'By Industry for Industry' and endorsed by 60 Global CEOs. UBS provides full-time and part-time Graduate and Post Graduate programmes in Management along with Executive Management Development courses.
Highest Placement
1.01 Cr(International)
40 L(Domestic)
Fees Structure
8.58 L(PGDM)
9.98 L(MBA)
Atlas Skilltech University(ISME)
ATLAS SkillTech University is India’s first new-age urban multidisciplinary university. Founded to forge a path to the future, ATLAS is where the confluence of design, technology, strategy, and leadership takes place. We believe in breaking paths and conventions. With India’s National Education Policy 2020 as the cornerstone, ATLAS endeavours to deliver a multidisciplinary education across 3 new-age streams: Design & Innovation, Management & Entrepreneurship and Digital Technology. It has adopted a futuristic model co-created with an international community of scholars, academicians, industry experts, and world leaders in education.
Highest Placement
18 L Rupees
Fees Structure
10.5 L Rupees
ITM [Khargar]
The Career Guidance and Placement Team (CGPT) consisting of the Director, Placement Officers and student members are responsible for managing the complete placement process in Campus. The cell conducts various training programs such as industry interface, internship program, group discussion, mock interviews, pre-placement talk, etc. Some of the recruiters of the institute are J P Morgan, Amazon, Browser Stack, Landmark, Reckitt Benckiser, Hindustan Unilever, LG Electronics, TNS Global, L&T Finance, Deloitte, Byju’s, Lodha, HDFC Ltd., GIC Housing Finance, etc.More than 500 students have benefitted from ITM Scholarships for the last 8 years as it has given scope to the students to minimize their expenses and avail financial support.College culture is good supportive management. Food for candidates is also available.
Highest Placement
22.5 L Rupees
Fees Structure
10.95 L Rupees
ASM IBMR
Established in 1983, the Audyogik Shikshan Mandal (ASM) Group of Institutes has completed 39+ years in the field of education. Through this period, ASM has persistently provided the corporate world with well-prepared professionals. This history of excellence has been validated by the fact that ASM has consistently been ranked amongst the top B-Schools in India.The faculty of ASM comprises the best in industry and academia The faculty members for the course are a rich blend of academicians, industry practitioners teaching faculty, and mentors from industry. ASM has had excellent industry-institute interaction for more than 3 decades and tie-ups with leading organizations for cutting edge certifications for enhanced skills leading to employability.
Highest Placement
12 L Rupees
Fees Structure
6.50 L(PGDM)
3.40 L(Regular)
IFEEL
Institute for Future Education, Entrepreneurship and Leadership. Established with a radical idea of creating the future leaders of the management world, iFEEL is an AICTE approved B-school that takes ones career beyond the conventions. One of the top business schools in Pune, iFEEL is located amidst in the blissful valleys of Lonavala delightfully uplifting multiple careers. iFEEL has an eye for the passion and talent that today’s youth has to offer. Through its various management courses equivalent to full time MBAs, iFEEL wants to empower these talents. Climbing the business school rankings, iFEEL’s management courses are flexible to incorporate the new trends in businesses while still providing basic fundamentals of the management education. Along with full-time PGDM programs to the certificate programs.
Highest Placement
4 L Rupees
Fees Structure
8.87 L Rupees
Welingkar
Prin. L. N. Welingkar Institute of Management Development & Research, also known as Welingakar is one of the top management colleges in India. The college has two campuses, i.e. Mumbai and Bangalore. WeSchool Mumbai is known for its 2-year full-time flagship PGDM program to its students and is one of the best MBA college in Mumbai. Apart from this, the college also offers a PGDM program in Business Design, E-Business, Research & Business Analytics, Healthcare Management, Retail Management, Rural Management, Media & Entertainment. Admission to the PGDM programs of the college. Welingkar Mumbai offers is the sixth educational institute from Mumbai to appear as 68th among the top 100 Best Management Institutes in the National Institutional Ranking Framework (NIRF) list of 2022.
Highest Placement
4 L Rupees
Fees Structure
10 L Rupees
22.5 Centralized
SIES
SIES College of Arts, Science, and Commerce in Mumbai is one of the top 100 NPTEL Colleges listed in the National-level Portal. National Programming on Technology Enhanced Learning (NPTEL) is an initiative of the seven Indian Institutes of Technology towards providing learning materials in Science and Engineering through videos and web content by adhering to the syllabi of AICTE and the slightly modified curricula of major affiliating Universities. The college offers full-time, self-financed, and value-added courses in management, language proficiency, computer science, which are affiliated to the University of Mumbai. The college offers 70 career based value-added courses in Language proficiency, Numerical skills (Vedic Mathematics and Basic Statistics), Computer courses, Self-enrichment, Collaborative ventures, etc.
Highest Placement
4 L Rupees
Fees Structure
5.5 L Rupees
Chetna
Chetana’s Institute of Management and Research (CIMR), Established in 1996, is one of the top 10 MBA college in Mumbai and is rated amongst top 50 best B-Schools in India. CIMR offers a full time residential AICTE approved 2 year flagship PGDM(General) Program along with PGDM (Marketing) and PGDM (Retail).Final selection is based on entrance test score, personal interview academic record, extracurricular activities and work experience. CIMR placement cell claims to have placed 190 students during CIMR placements 2020 with over 250 companies visiting the CMIR campus. Average Salary recorded during the final campus drive at CMIR Mumbai was INR 5.71 LPA while the Highest Salary stood at INR10.91 LPA .180 students from different courses got placed. Major recruiters included HDFC Bank, Hindustan Unilever Ltd, Titan, Zee Tv, Yes Bank etc & many more.
Highest Placement
4 L Rupees
Fees Structure
10 L Rupees
22.5 Centralized
MET
GD Goenka University is an internationally acclaimed and premier institution of higher education in India. Quality education aimed at directing the students towards research, innovation and extension is the defining element of the GD Goenka University. The GD Goenka University, recognized by UGC, aspires to be a global leader in the 21st Century higher education ecosystem through enshrined core values of intellectual excellence, collegiality, diversity and integrity. GD Goenka University is also recognized as QS IGUAGE “Diamond” rated University.GD Goenka University has state-of-the-art infrastructure, salubrious, air-conditioned and well-maintained Wi-Fi enabled campus, well-equipped libraries and hi-tech laboratories and is one of the best MBA college in Mumbai. The residential facilities are world class and students have access to a half Olympic size swimming pool, gym with latest equipment and squash courts in the ultra-modern fitness center.
Highest Placement
4 L Rupees
Fees Structure
5.5 L Rupees
Lala Rajpath Rai
Highest Placement
4 L Rupees
Fees Structure
10 L Rupees
22.5 Centralized
Select From The Best MBA Colleges In Mumbai And Take A Step Towards A Successful Career
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Mumbai, India's financial hub, is home to some of the greatest MBA programmes in the country. If you're looking to pursue an MBA degree, then Mumbai should be on your radar. With a plethora of opportunities for aspiring MBA candidates including state-of-the-art infrastructure, experienced faculty, and a vibrant campus life, Mumbai offers the perfect environment to take the next step towards a successful career.
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From reputed B-schools such as SP Jain Institute of Management and Research, NMIMS, and Jamnalal Bajaj Institute of Management Studies to emerging colleges like ITM Business School and Prin. L. N. Welingkar Institute of Management Development and Research.Mumbai offers a diverse range of options to choose from.
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These colleges provide excellent academic programs, internships, and placement opportunities to their students, enabling them to build a strong foundation for their careers. By pursuing an MBA degree from one of the best MBA colleges in Mumbai, you can ensure that you are on the right direction to achieve your career goals and aspirations of life.
List Of Best MBA Colleges In Mumbai
Unlocking a world of opportunities, Mumbai is home to some of the most prestigious MBA institutions in the country. These colleges equip students with exceptional academic and management skills and offer unparalleled professional exposure to help them pave their way to success. To give you a head start in your MBA journey, we've compiled a list of the best MBA colleges in Mumbai.
Check out the table below for an overview of the “ best MBA colleges in Mumbai ” and make an informed decision to accelerate your career growth :
Why Pursue an MBA Career From Mumbai?
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If you're planning to pursue an MBA degree, Mumbai could be the perfect destination for you. The city offers a plethora of opportunities for MBA aspirants, with some of the best MBA colleges in the country located here. Mumbai is the financial hub of India and provides a conducive environment for learning and growth in the field of management.
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The city's corporate culture and diverse student community make it an ideal place to gain practical exposure and industry-oriented education. With world-class infrastructure, experienced faculty, and state-of-the-art facilities, the best MBA colleges in Mumbai offer a comprehensive learning experience to their students.
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Besides, Mumbai's thriving business sector provides ample job opportunities to MBA graduates. The city is also known for its vibrant nightlife, street food, and cultural events, making it an exciting place to live and study. So, if you're looking for a fulfilling and rewarding career in management, Mumbai with its best MBA colleges could be your ultimate destination.
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Q-1: There are how many MBA colleges in Mumbai?A: Mumbai boasts a total of 185 MBA colleges that offer MBA courses. Out of these, 134 are privately owned and 10 are owned by the government. Pursuing a Master of Business Administration (MBA) is a popular option for post-graduates seeking professional education in Mumbai.
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Q-2: What are some of the private best MBA colleges in Mumbai?A: Some of the top private MBA colleges in Mumbai include S P Jain Institute of Management & Research, NMIMS Mumbai, Welingkar Institute of Management, and K J Somaiya Institute of Management.
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Q-3: What are the different specializations offered by the best MBA colleges in Mumbai?A: MBA colleges in Mumbai offer a wide range of specializations, including Sales & Marketing, Finance, Human Resources, Operations, IT & Systems, Business Analytics, and many more. Students can choose a specialization based on their interests and career goals.
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Q-4: Which of the best MBA colleges in Mumbai have a lower fee structure?A: It is worth noting that only around 1% of MBA colleges in Mumbai have a tuition fee of less than INR 1 lakh. The two MBA colleges that offer lower fees are Welingkar Institute of Management and Indian Institute of Materials Management. It is important to research and compare the fees of different MBA colleges before making a decision.
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Q-5: What are the career options available after completing an MBA from best MBA colleges in Mumbai?A: Completing an MBA in Mumbai opens up a variety of job profiles for candidates. Some of the popular career options include Finance Consultant, Finance Manager, Marketing Manager, Sales Manager, Human Resources Manager, Operations Manager, Product Manager, Data Analytics Manager, Digital Marketing Manager, and more. These career paths offer candidates diverse opportunities to explore their interests and utilize their skills to make a meaningful impact in the corporate world.
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Q-6: What are the criteria to determine the best MBA colleges in Mumbai?A: There are various factors that can help determine the best MBA college in Mumbai, including academic reputation, faculty quality, placement records, infrastructure, campus facilities, industry connections, alumni network, and more. Candidates should research and evaluate these factors before choosing a college.
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Q-7: Which best MBA colleges in Mumbai have the best placement records?A: Some of the MBA colleges in Mumbai that have consistently displayed strong placement records include Jamnalal Bajaj Institute of Management Studies (JBIMS), Shailesh J. Mehta School of Management (SJMSOM), SP Jain Institute of Management and Research (SPJIMR), Narsee Monjee Institute of Management Studies (NMIMS), and K J Somaiya Institute of Management Studies and Research.
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Q-8: Are there any scholarships available for MBA programs in the best MBA colleges in Mumbai?A: Yes, there are various scholarships available for MBA programs in Mumbai offered by the government, private organizations, and colleges themselves. These scholarships are generally merit-based or need-based and can cover a portion or the entire tuition fee. Candidates should research and apply for relevant scholarships.
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Q-9: How important is the accreditation of best MBA colleges in Mumbai?A: Accreditation is an important factor to consider when choosing an MBA college in Mumbai as it signifies that the college meets the standards set by recognized accrediting agencies. The accreditation ensures that the program is of high quality, meets the industry standards, and offers relevant knowledge and skills to students.
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Q-10: What are the fees for MBA programs at the best colleges in Mumbai?A: The fees for MBA programs at the best colleges in Mumbai vary widely depending on the college, course, and specialization. However, on average, the fees for MBA programs in Mumbai range from INR 5 lakh to INR 25 lakh. Candidates should research and compare the fees of different colleges before making a decision.