Top 10 MBA Colleges In Mumbai 2025 | Eligibility, Entrance & Fees

Students who hold a Bachelor's degree in any discipline with a minimum of 50% are eligible to apply for this program. Top 10 MBA colleges in Mumbai admit students based on entrance exams such as CAT, MAT, XAT, or CMAT. The course of the MBA program differs by the university, mostly the subjects of the course include finance, accounting, Management operations, marketing, business statistics, CS, cs, and economics, human resources department, etc.

MBA courses prepare students for the management skills and the business world. Students who have MBA degrees can pursue important roles in top organizations, International banks, and marketing managers.

MBA Colleges Latest Updates:

• NMIMS has started the admission process for MBA program for session 2025-26. Students can fill the admission from through official website. The last date to fill the form is 30th April 2025*. Source

Top 10 MBA Colleges In Mumbai 2025 

Indian Institute of Management Mumbai 

IIM Mumbai is added to the list of top 10 MBA colleges in Mumbai. The institute offers a fu2-yearyears of Postgraduate program in Master in Business Administration MBA with specialization in supply chain management, sustainability management, Operations, and supply. By studying the MBA courses, students can develop their business skills and introduce marketing business.

Eligibility criteria 

Students who wish to pursue MBA programs at IIM Mumbai have to fulfill all the eligibility Criteria set by the university.

• Students must have passed classes 10th and 12th from a recognized board with a minimum of 45%.

• A bachelor's degree in any discipline with a minimum of 50% is required.

Entrance Exam

The Top MBA colleges in Mumbai allow students to pursue MBA programs based on scores achieved in the entrance exams like CAT and personal interviews.

Course / Specialization

The MBA course at IIM Mumbai includes.

• 2 years full-time MBA, MBA operations and supply chain management, MBA Sustainability Management. 

• Specialization: Finance, Marketing, Business Operations, Economics, etc. 

Fees Structure- The MBA course fee at IIM Mumbai is divided year-wise. 

• The total MBA fee is INR 14,00,000. 

S.P. Jain Institute of Mangment and Research 

S.P. Jain Institute of Management and Research is a private business school established in 1981. It works under the Bharatiya Vidya Bhavan Institute, which is accredited by  AACSB, AMBA, and EQUIS, and is affiliated with AICTE and AIU. The institute has secured a rank among the top MBA Colleges In Mumbai. It is known for providing 2 years of postgraduate programs in Master of Mangment (MBA) that help students to learn about management, marketing, and business-related skills.

Eligibility Criteria

• The eligibility criteria for the MBA program at S.P. Jain Institute of Mangment and Research is to have a mark sheet of 10th and 12th class passed with a minimum of 50% from a recognized board. 

•  Students who have appeared and cleared the CAT/ GMAT entrance exams are eligible to apply for this course. 

Course Specialization-  

• 2 years of Postgraduate Diploma in Management (PGDM), 18 months of postgraduate management program, Postgraduate Diploma in Business Management(PGDBM), Global Management Program (GMB), PGM Marketing Business Mangment.

• The specialization of MBA programs at S.P. Jay Institute of Mangment and Research includes Contemporary Marketing, Finance, Marketing, Operations Management, Entrepreneurship, and Human Resources. 

Entrance Exam- Students who wish to do an MBA program from the S.P. Jain Institute of Management, which has maintained the highest position in the Top 10, BA colleges in Mumbai, have to clear certain entrance exams.

• CAT/ GMAT scores and the personal interview are responsible for the selection of the MBA programs.  

Fee Structure- The fee structure of the MBA Course depends on the course specialization and the duration of the course.

•  The total MBA course fee is INR 21,00000. 

K.J. Somaiya Institute Management Studies and Research 

K.J. Somaiya of Mangment is a private business school founded by Padmabhushan K. J Somaiya. Somaiya Vidyavihar University is the parent body of this institute. The institute is among the top 10 MBA Colleges in Mumbai. It offers a postgraduate program that also includes an MBA and a 2-year 2-yearagement degree. By pursuing an MBA degree, students study in-depth business and management practices.

Eligibility Criteria

Before applying for an MBA program, students have to meet the following criteria:

• Students must have passed the class 10th and 12th with a minimum of 50% marks. 

• A bachelor's degree in any discipline with a minimum of 55% from a recognized university. 

Course/Specialization

The course of the MBA program is divided into a duration of 2 years. 

• The course of the MBA program at this university covers management fields like MBA, MBA Healthcare Management, MBA Sports Management, and MBA for working Executives.. 

Fee Structure-

The fee structure of this program is varied by the specialization and the duration of the program. 

• The total course fee of the MBA program in 1st year is INR 10,77,200 and INR 11,55,100 for 2nd year. 

Entrance Exam-

K. J. Somaiya Institute of Mangment Studies and Research is a prestigious university that has always maintained the rank in the top 10 MBA Colleges in Mumbai.

• The entrance exams include CAT/MBA/CMAT. 

SySydenha Institutef Management Study, Research and Entrepreneurship Education 

SIMSREE is an institute for research and education. The institute was established in 1983 under the aegis of the University of Mumbai. It is renowned among the top 10 MBA Colleges in Mumbai. This institute offers a wide range of postgraduate programs in management fields. Students who have a deep interest in the business, marketing, and management field. 

Eligibility Criteria

To gain admission to the Master of Mangment program at SIMSREE students must meet the eligibility criteria that includes.

• Students must have a bachelor's degree in any discipline with a minimum of 50% for unreserved and 45% for those students who belong to the reserved category. 

• Students who are in their final year of graduation can apply. 

• Students who have passed the MBA entrance test CAT, MAH-CET, CMAT, or XAT are eligible to be admitted to the course. 

Course

The course of the MBA program at SIMSREE is designed according to the understanding of the course covering departments like-

• 2 years of Master in Mangment Studies (MMS)

• 3 years of Masters in Financial Management (MFM)

• 3 years of Master in Marketing Mangment (MMM)

Specialization- Marketing, Finance, Operations, Personnel HR, Systems.

Fees Structure

• The total Course fee is INR 6700+ 2000 Library fees per year. 

Entrance Exams

For admission at the top 10 MBA Colleges in Mumbai, students must have cleared several MBA entrance exams, including CAT, MAH-CET, CMAT, or XAT. 

N.L. Dalmia Institute oManagement Studiessy and Research-

N.L. Dalmai Institute of Mangment Study and Research is an education research university founded by Late Shri Niranjanlalji Dalmia. The institute was established in 1995 and is located in Mira Road, Maharashtra, India. It is affiliated with the University of Mumbai. N.L. Dalmia Institute of Management Studies and Research provides postgraduate courses like 2 2-year Master's in Business Administration MBA courses that are approved by AICTE. 

Eligibility Criteria

• Those who are enrolling in the MBA program must have a bachelor's degree, with a minimum of 50% achieved in any discipline from a recognized university.

• Students in the final year of their graduation can apply.

• Scores of entrance exams like GMAT, CMAT, CAT, XAT, CET, MAT, ATMA are required at the time of admission.

Course/ Specialization

• The course of the MBA program includes a discipline in Global MBA, a Postgraduate Diploma in Management, a Postgraduate Diploma in Finance, a Postgraduate Diploma in Finance P, GDM Finance, and a Postgraduate Diploma in Business Analytics. 

• My specializations are Human Resources, HR, Marketing, and Finance.

Fee Structure

N.L. Dalmia Institute of Mangment and Research Study only allows to permit students in the next year of the course if students have made a successful course fee payment. 

• MBA total program fee at N.L. DIMRS is INR 8,25,000 per year. 

Entrance Exams- Top 10 MBA Colleges in Mumbai admit students to the MBA course  based on their performances in the entrance exams such as -

• GMAT, CAT, XAT, ATMA, MAT MH-CET.

South Indian Education Society SIES College of Management Study

SIES College of Mangment Study is a private institute. In the year 1995, this college was established. The institute was affiliated with the University of Mumbai and has secured 88th rank among the private business institutes by Outlook India.  

It offers a variety of Postgraduate programs that also include a Master's in business administration in several departments. The course duration of the MBA program is 2 years. The course introduces students to the facts and concepts related to the management field.

Eligibility criteria

To reach the eligibility criteria of MBA programs, students have to meet the following criteria.

• A graduation degree in any program with at least 50%.

Students are only eligible if they have achieved a qualifying score in the entrance exam like CAT, XAT, MAT, ATMA, MAH-CET..

Course Specialization

SIE College of Management study and research provides multiple 2-year full-time MBA programs including.

• Masters in Management Studies MMS, Postgraduate diploma in management PGDM, PGDM in pharmaceutical management, PGDM in biotechnology.

• Specialization - Financial Accounting, Business Statistics, Managerial economics, Marketing Management, Operations research, Business Research Methods, and Human resources management.

Fee Structure

MBA program fees at SIM College of Management vary by course and specialization.

• The total MBA course fee for 2 years is around INR 452,275. 

INR 2 lakhs per year.

Entrance Exam

Admission at the SEIS Management Institute for MBA programs is based on the various entrance exams.

• MAH- CET, CAT, XAT, MAT, ATMA and CMAT.

Jamnalal Bajaj Institute of Management Studies 

JBIMS is a public institute in Mumbai. It was established in 1965 and affiliated to Mumbai University. The institute name is included in the top 10 MBA colleges in Mumbai that provide various postgraduate programs in Management Studies. As the MBA program is all about business analysis and marketing operations, students can enhance their knowledge about the finance and marketing business area.

Eligibility criteria- The eligibility criteria include the following things.

• Bachelor's degree from a recognized university passed with a minimum of 50% marks.

• Students must have passed their higher secondary (12th and 10th) education from a respectable board, like CBSE, ICSE, or any other state board.

•  Eligibility also includes the scores of CAT, MAT, XAT, MAH-CET MBA.

Courses/ Specialization- MBA programs at J.J. Jamnolaajnstitute Management Studies include Management Studies courses

• Master of Financial Management MFM, Master in Management Studies MMS, Master in information Management MIM, Master's in human resource development HRD.

Specialization - Business statistics, marketing, finance, Human resources management, etc.

Fee Structure- The MBA program fee is based on the course selected by the students.

• INR 6 Lakhs is the total 2-year fee for the BA program, Master's in Management Studies at Jamnala Bajaj Institute of Studies.

• MIM, MHRD, and MFM course fees are around INR 4 lakhs for 2 years.

Entrance Exam- Students who wish to get admission to MBA courses offered by the top 10 MBA colleges in India have to clear an entrance exam like 

• CAT, XAT, CET, MAT.

• Narsee Monjee Institute of Management Studies 

NMIMS, a deemed to be University, was established in 1981 in Mumbai, Maharashtra.

It is accredited by NAAC with an A+ grade and ranked among the top 10 MBA colleges in Mumbai.

NMIS invites students from all over the nation to pursue their desired MBA programs for 2 years. Students who hold an MBA degree can develop their critical thinking skills in business studies.

Eligibility criteria: Students who want to get enrolled in the MBA program at NMIMS must meet the eligibility requirements.

• Those who are enrolling in this course must have passed class 10+2 with a minimum of 50 % from a recognized board.

• Students who have graduated in any discipline with a minimum of 50 % from a recognized university are eligible.

Those who are in their final year of graduation can also apply.

Courses/ Specialization

The institute offers 2 years of MBA, MBA in entrepreneurship, 2 years of MBA in Family business, MBA in International Business, and Global Business.

Specializations include: Digital Transformation, Business Analytics, Sustainability, and social responsibility. 

Entrance Exam

NMIMS is among the top 10 MBA colleges in Mumbai, it admits students who have cleared the MBA entrance exams such as. NMAT by GMAC, GMAT, CAT, XAT, MAT. 

Fees Structure MBA programs' fee depends on the course duration and the specialization.

It ranges between INR 14 Lakhs to INR 26 Lakhs. 

Shailesh J Mehta School of Management

SJMSOM is a public business school in Mumbai. It works under the Indian Institute of Technology Bombay. The institute was established in 1995.

As it is a part of IIT Bombay, it comes to the forefront among the top 10 MBA colleges in Mumbai. It offers full-time 2 years of postgraduate management programs, an MBA that aims to introduce students to business and management functions.

Eligibility criteria

Bachelor's degree in any discipline with a minimum of 55% from a recognized university. 

Students must have passed 10th and 12th classes with at least 50% from a recognized board.

Students who have qualified for the entrance exam required for MBA courses like CAT will be given preference. 

Courses

Full-time 2 years of Master's of Business Administration MBA, 18 months of Executive MBA, and internship disciplinary dual degree program DDP.

Specialization - Economics, Decision science, Human Resource Management, finance, marketing, operations, business behavior, and strategy.

Fees Structure

The university only permits students in the next year of the MBA course if the previous year's course fees are submitted.

It is INR 2 5lakhs.

Entrance Exam 

Those students who are interested in pursuing an MBA at the Shailesh J Mehta School of Management.

Shailesh J Mehta School of Management, Mehta Institute, a reputed college among the top 10 MBA colleges in Mumbai, has to clear the entrance exam like CAT.

Welingkar Institute of Management Development and Research

Welingkar Institute of Management Development and Research is a top institute leading among the top 10 MBA colleges in Mumbai. It was established in 1977 under the SP Mandali Trust. The institute is affiliated with Mumbai University. It provides a wide range of Management programs at the Postgraduate level, MBA. Through these courses, students learn in-depth and get familiar with various management and business skills. 

Eligibility Criteria

Students who want to get admission to MBA programs must have the following eligibility.

• A 3-year bachelor's degree in any respective discipline with a minimum of 55% from a recognized university.

• Students must have passed school education 10th and 12th with at least 45% from a respectable board of education.

• For admission to MBA programs, entrance exam scores, CAT, GMAT, and XAT are required.

Courses and Specializations

The MBA courses include:

• MBA, 2 years of management program, PGDM, PGDM in business design, PGDM in E-business and regular management.

• Specialization - Accounting, finance, marketing, operations, Human resources, etc.

Fees Structure

Welingkar Institute of Management Development and Research has set the MBA program fee according to the duration, which is 2 years, and students have to pay the course fee at the start of the course year. 

• The total PGDM program course is around INR 12 Lakhs. The executive program total fee is around INR 7-8 Lakhs. 

Entrance Exam

Welingkar Institute of Management Development and Research has achieved a top rank in the top 10 MBA colleges in Mumbai. 

Programs like MBA require several entrance exams, CAT, XAT, GMAT, and CMAT.