Rapid redevelopment since the 1960s, changing its name from Bombay to Mumbai, the city has transformed into an exciting hub on the west coast of India. Moreover, its 12.4 million population makes it India's largest city, and the tenth largest in the world.
With a reputation as India's financial powerhouse, and with many financial organizations firmly centered here, MBA students have a wide array of opportunities for post-graduate employment, including at large corporate businesses like Deloitte, JP Morgan, Amazon, and Morgan Stanley.
Additionally, Mumbai is knowni as the entertainment, advertising and media capital of India—home of India's renowned Bollywood film industry—ideal for students that would like to apply their knowledge of business into the arts.
Studying an MBA in Mumbai places you in the heart of a bustling city, brimming with networking potential and some of the finest business education institutions in India. Across the schools on this list, many different entrance exams are accepted, and the fee structures vary greatly, ensuring that there is a course for everyone.
Here are the top MBA colleges in Mumbai. We've listed them alphabetically. You can skip to the relevant sections by clicking the links below.
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Athena School of Management
Course Type: Post Graduate Program in Management (PGPM)
Entry Exams: NMAT by GMAC, GMAT, CAT, ASAT
Cost: $18,000 USD
Structure (program length): Full-time, 24 Months
Annual Intake: 100
Fun Fact: Students at Athena have an optional International Internship / Immersion in every semester across Europe, SE Asia & Canada. Some students can also pursue a Dual Degree program where they spend their entire second year at partner business schools in the USA or France.
Amity Global Business School Mumbai
Course Type: MBA
Entry Exams: -
Cost: $8,963
Structure: Full time; 24 months
Annual Intake: 120
Fun Fact: Amity means well for students with an interest in finance, with graduates landing placements at American Express, Yes Bank, and Citigroup.
Bharati Vidyapeeth`s Institute of Management Studies & Research (BVIMSR Mumbai)
Course Type: MBA
Entry Exams: -
Cost: $7,038
Structure: Full time; 24 months
Annual Intake: -
Fun Fact: BVIMSR has a strong international reputation among MBA colleges in Mumbai, with students from 27 countries studying there.
Chetana’s Institute of Management and Research (CIMR Mumbai)
Course Type: PGDM
Entry Exams: CAT, XAT, MAT, CMAT, MAH CET, ATMA, GMAT
Cost: $10,773
Structure: Full time; 24 months
Annual Intake: 180
Fun Fact: CIMR is the second oldest business school in Mumbai, with an alumni network of over 10,000.
Durgadevi Saraf Institute of Management Studies (DSIMS Mumbai)
Course Type: PGDM
Entry Exams: CAT, XAT, MAT, CMAT, MAH CET, ATMA, GMAT
Cost: $12,210
Structure: Full time; 24 months
Annual Intake: 120
Fun Fact: Female students can take a short course specifically aimed at Women in Entrepreneurship.
SGPC’s Guru Nanak Institute of Management Studies (GNIMS Mumbai)
Course Type: PGDM
Entry Exams: CAT, XAT, MAT, CMAT, MAH CET, ATMA, GMAT
Cost: $8,619
Structure: Full time; 21 months
Annual Intake: 240
Fun Fact: As well as the PGDM, prospective students have a wide range of degree programs to choose from, with 10 different courses on offer.
IES Management College And Research Centre Mumbai
Course Type: PGDM
Entry Exams: CAT, XAT, MAT, CMAT, MAH CET, ATMA, GMAT
Cost: $11,492.00
Structure: Full time; 24 months
Annual Intake: 120
MBA Universe Ranking: 45
Fun Fact: Students take part in an outward bounds training program.
ITM Navi Mumbai
Course Type: PGDM iConnect
Entry Exams: CAT, XAT, MAT, CMAT, MAH CET, ATMA, NMAT by GMAC, TANCET, GMAT
Cost: $13,359
Structure: Full time; 24 months
Annual Intake: 180
Fun Fact: ITM Navi Mumbai was the first of the ITM Group of Institutions, which has campuses all around India.
Jamnalal Bajaj Institute of Management Studies (JBIMS Mumbai)
Course Type: Master's in Management Studies
Entry Exams: CAT, CMAT, MAH CET
Cost: $8,619
Structure: Full time; 24 months
Annual Intake: 120
Fun Fact: Founded in 1965, candidates are required to take a practical approach to learning by doing project work, field studies, market research, games applying management concepts and case studies.
National Institute of Industrial Engineering (NITIE Mumbai)
Course Type: MBA
Entry Exams: CAT
Cost: $11,635
Structure: Full time; 24 months
Annual Intake: 274
Fun Fact: The school is one of the more picturesque MBA colleges in Mumbai, surrounded on three sides by lakes and set apart by the lush greenery.
N. L. Dalmia Institute of Management Studies and Research, Mumbai
Course Type: PGDM
Entry Exams: CAT, XAT, MAT, CMAT, MAH CET, ATMA
Cost: $12,497
Structure: Full time; 24 months
Annual Intake: 120
Fun Fact: Students on a Global MBA program get the chance to study their second year at the University of Wisconsin.
School of Business Management, Narsee Monjee Institute of Management Studies (NMIMS Mumbai)
Course Type: MBA
Entry Exams: NMAT by GMAC
Cost: $26,575
Structure: Full time; 24 months
Annual Intake: 540
Fun fact: NMIMS is a minority institution for the Gujarati Linguistic Community, making it very significant in providing access to students from this community
Prin L N Welingkar Institute of Management Development and Research
Course Type: PGDM
Entry Exams: CAT, XAT, CMAT, MAH CET, ATMA, GMAT
Cost: $15,801
Structure: Full time; 24 months
Annual Intake: 180
Fun Fact: Over the last two years, over 358 companies have visited the MBA college to offer placements, 227 of which were new.
SDA Bocconi Asia Center
Course Type: IMB
Entry Exams: CAT, NMAT by GMAC, GMAT, Other Entrance Exams
Cost: $26,718
Structure: Full time; 22 months
Annual Intake: 150
Fun Fact: Students on the IMB program get a chance to spend a semester at the world-renowned SDA Bocconi in Milan, a fairly unique experience among MBA colleges in Mumbai.
Shailesh J Mehta School of Management, IIT Bombay
Course Type: MBA/PGDM
Entry Exams: CAT
Cost: $11,922
Structure: Full time; 24 months
Annual Intake: 120
Fun Fact: Due to the campus' proximity to Sanjay Gandhi national park, there are occasional sightings of leopards, panthers, and crocodiles.
SIES College of Management Studies (SIES COMS)
Course Type: PGDM
Entry Exams: CAT, MAT, CMAT, MAH CET, ATMA
Cost: $10,342
Structure: Full time; 24 months
Annual Intake: 120
Fun Fact: Students can take a foreign language, such as business German, as an optional subject.
Somaiya Institute of Management Studies And Research (SIMSR Mumbai)
Course Type: MBA/PGDM
Entry Exams: CAT, XAT, CMAT
Cost: $8,619
Structure: Full time; 24 months
Annual Intake: 120
Fun Fact: Students at SIMSR have landed placements at top multinationals including Google, Amazon, and Deloitte.
Sydenham Institute of Management Studies And Research And Entrepreneurship Education (SIMSREE Mumbai)
Course Type: MMS
Entry Exams: CAT, CMAT, MAH CET
Cost: $1,924
Structure: Full time; 24 months
Annual Intake: 121
Fun Fact: SIMSREE is affiliated to the University of Mumbai, the oldest university in Mumbai.
SP Jain School of Global Management Mumbai
Course Type: Master of Global Business
Entry Exams: CAT, GMAT, Other Entrance Exams
Cost: $41,476
Structure: Full time; 16 months
Annual Intake: 60
Fun Fact: The Mumbai campus of SP Jain School is one of four, with the others located in Dubai, Singapore, and Sydney.
SP Jain Institute of Management & Research (SPJIMR Mumbai)
Course Type: PGDM
Entry Exams: CAT, XAT, GMAT
Cost: $23,343
Structure: Full time; 24 months
Annual Intake: 240
Fun fact: The MBA college was inaugurated in 1981 by the then British Prime Minister, Margaret Thatcher.
Vivekanand Education Society Institute of Management Studies and Research (VESIM Mumbai)
Course Type: PGDM
Entry Exams: CAT, XAT, MAT, CMAT, MAH CET, ATMA, GMAT
Cost: $9,617
Structure: Full time; 24 months
Annual Intake: 120
Fun Fact: Graduates in the past have landed placements at Amazon, Capgemini, Barclays, and TATA Group.
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