9 Best MBA Colleges in Mumbai

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These 9 best mba colleges in mumbai offer comprehensive coaching, skilled school, and present day facilities to empower college students in their pursuit of management. With a focus on holistic development and academic excellence, the satisfactory faculties in India offer a nurturing environment in which college students can hone their capabilities.

Jamnalal Bajaj Institute of Management Studies (JBIMS), 9 best mba colleges in mumbai
Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay,9 best mba colleges in mumbai
Narsee Monjee Institute of Management Studies (NMIMS), Bangalore, 9 best mba colleges in mumbai
S.P. Jain Institute of Management and Research (SPJIMR), 9 best mba colleges in mumbai
K. J. Somaiya Institute of Management Studies and Research (SIMSR), 9 best mba colleges in mumbai
Institute of Hotel Management (IHM), ChennaiNational Institute of Industrial Engineering (NITIE), 9 best mba colleges in mumbai
Welingkar Institute of Management Development & Research (WeSchool), 9 best mba colleges in mumbai
Institute for Technology and Management (ITM) Business School, 9 best mba colleges in mumbai
Prin. L. N. Welingkar Institute of Management Development & Research, 9 best mba colleges in mumbai
FAQ’s

Top MBA Colleges in Mumbai

College	Course Offered	Fees (Approx.)	Accreditation
Jamnalal Bajaj Institute of Management Studies (JBIMS)	Master of Management Studies (MMS)	₹5,00,000 (for 2 years)	AICTE, NBA
Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay	MBA	₹9,00,000 (for 2 years)	AICTE, NBA
Narsee Monjee Institute of Management Studies (NMIMS)	MBA	₹16,00,000 (for 2 years)	NAAC A+ Grade
S.P. Jain Institute of Management and Research (SPJIMR)	Post Graduate Diploma in Management (PGDM)	₹17,00,000 (for 2 years)	AICTE, NBA
K. J. Somaiya Institute of Management Studies and Research (SIMSR)	MBA	₹10,00,000 (for 2 years)	AICTE, NBA
National Institute of Industrial Engineering (NITIE)	Post Graduate Diploma in Industrial Management (PGDIM)	₹10,00,000 (for 2 years)	AICTE, NBA
Welingkar Institute of Management Development & Research (WeSchool)	PGDM	₹9,50,000 (for 2 years)	AICTE, NAAC
Institute for Technology and Management (ITM) Business School	PGDM	₹9,00,000 (for 2 years)	AICTE, NBA
Prin. L. N. Welingkar Institute of Management Development & Research	PGDM	₹8,00,000 (for 2 years)	AICTE, NAAC

9 Best MBA Colleges in Mumbai

College Name	Key Highlights
Jamnalal Bajaj Institute of Management Studies (JBIMS)	One of the top management institutes in India known for its rigorous curriculum.
Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay	Renowned for its blend of technology and management education.
Narsee Monjee Institute of Management Studies (NMIMS)	Offers a diverse range of MBA programs with strong industry links.
S.P. Jain Institute of Management and Research (SPJIMR)	Focus on value-based leadership and innovative teaching methods.
K. J. Somaiya Institute of Management Studies and Research (SIMSR)	Offers various management programs with a strong emphasis on practical exposure.
National Institute of Industrial Engineering (NITIE)	Specializes in industrial engineering and management education.
Welingkar Institute of Management Development & Research (WeSchool)	Offers innovative programs and a strong focus on entrepreneurship.
Institute for Technology and Management (ITM) Business School	Known for its industry-oriented curriculum and experiential learning.
Prin. L. N. Welingkar Institute of Management Development & Research	Focus on technology and management integration with excellent faculty.

Jamnalal Bajaj Institute of Management Studies (JBIMS), 9 best mba colleges in mumbai

Renowned for its rigorous educational curriculum and sturdy industry connections, JBIMS constantly ranks most of the pinnacle B-schools in the u . S . A .

NIRF Ranking: 6
Course Fees: 210000
Organization Type: Government
Official site: https://www.jbims.edu/

Features:

Experienced Faculty: JBIMS prides itself on its college contributors who are rather qualified college students and enterprise specialists, enhancing the instructional surroundings and contributing to the enterprise’s scholarly excellence
Proven Track Record:With a rich statistics of academic excellence, Sydenham College boasts a demonstrated music file of producing influential specialists in commerce and economics, making extraordinary contributions to their respective fields.
Advanced Study Material: The college offers superior have a look at materials curated to facilitate rigorous educational inquiry, vital analysis, and research across numerous disciplines in trade and economics, enriching the mastering revel in for university children.
State-of-the-art Facilities: JBIMS offers present day day centers, together with advanced libraries, studies facilities, and present day lecture halls ready with the contemporary technology, growing an environment conducive to excellence in coaching and research.
Individual Attention: With a focus on small elegance sizes and available college, JBIMS fosters a supportive surroundings in which university students can thrive academically and in my view, receiving personalized interest and steerage.

Notable Alumni:

Some of them are: N. R. Narayana Murthy, Rakesh Jhunjhunwala, Vishal Sikka, K. V. Kamath, Harsh Goenka

With its holistic approach to education, experienced faculty, and exceptional track record, JBIMS, continues to be in 9 best mba colleges in mumbai.

Shailesh J. Mehta School of Management (SJMSOM) 9 best mba colleges in mumbai

SJMSOM, positioned inside the prestigious IIT Bombay campus, gives MBA programs recognized for his or her emphasis on technology control and innovation.

NIRF Ranking: 13
Course Fees: 120000
Organization Type: Government
Official site: https://www.som.iitb.ac.in/

Features:

Experienced Faculty: SJMSOM boasts a outstanding college of award-winning students and researchers. Their giant contributions to pioneering research and innovation in change and economics greatly decorate the studying experience.
Personalized Attention: Additionally, SJMSOM offers personalised mentorship programs. These are cautiously tailor-made to deal with each pupil’s person wishes, aspirations, and demanding situations, ensuring customized guidance and support throughout their instructional adventure.
State-of-the-artwork Facilities: Furthermore, the university is geared up with present day lecture rooms, superior libraries, and nicely-ready research centers.
Mock Tests and Practice Sessions: In addition, the college conducts everyday mock checks and exercise sessions. These sports assist compare college students’ progress and enhance their exam-taking skills, preparing them efficiently for academic success.
Proven Track Record: Finally, SJMSOM has a strong tune record of producing pinnacle ranks in aggressive alternate and economics exams.

Notable Alumni:

Some of them are: Vishal Sikka, Sandeep Sethi, Arvind Krishna, Vivek K. Lall, Vikram Sarabhai

With its unwavering dedication to academic excellence, SJMSOM continues to be a preferred choice for students in one of the 9 best mba colleges in mumbai.

Narsee Monjee Institute of Management Studies (NMIMS), Bangalore, 9 best mba colleges in mumbai

NMIMS is a renowned private college supplying diverse management packages, consisting of MBA, across its campuses.

NIRF Ranking: 9
Course Fees: 270000
Organization Type: Private
Official site: https://www.nmims.edu/

Features:

Proven Track Record: NMIMS has a tested track report of excellence in management schooling, research, and expert achievements. The institute’s commitment to academic excellence is meditated in its excessive ratings, a hit alumni, and strong enterprise connections.
Comprehensive Study Material: NMIMS affords nicely-mounted have a look at materials and assets that guide students in gaining knowledge of the control curriculum and excelling in examinations.
State-of-the-art Facilities: Equipped with present day infrastructure, such as well-geared up libraries, research facilities, and lecture rooms, NMIMS creates an improved mastering environment for college kids.
Individual Attention: NMIMS Bangalore ensures man or woman interest to every pupil, fostering personalized increase and mentorship. Faculty participants offer tailor-made help, helping college students navigate their instructional and career paths efficiently, addressing unique needs, and nurturing skills.

Notable Alumni:

Some of them are: Siddharth Anand, Nikita Bansal, Ritesh Agarwal, Shashank Singh, Ankit Jain

With its commitment to quality education, experienced faculty, and comprehensive support system, NMIMS one of the 9 best mba colleges in mumbai. stands as a premier institution.

S.P. Jain Institute of Management and Research (SPJIMR), 9 best mba colleges in mumbai

SPJIMR, a main control institute in Mumbai, is thought for its unique pedagogy emphasizing experiential gaining knowledge of and social sensitivity.

NIRF Ranking: 36
Course Fees: 350000
Organization Type: Private
Official site: https://www.spjimr.org/

Features:

Experienced Faculty:SPJIMR boasts an excellent college with significant revel in and expertise throughout various educational disciplines, enriching the learning environment and making sure high-quality schooling.
Proven Track Record: With a long-standing popularity for academic excellence, SPJIMR has a demonstrated tune report of nurturing successful specialists who contribute notably to their respective fields and society at big.
Advanced Study Material: he college provides college students with superior look at materials and resources to facilitate rigorous academic inquiry and research across various disciplines, fostering highbrow increase and innovation.
State-of-the-art Facilities: Equipped with modern-day centers, which includes modern-day classrooms, specialised laboratories, and widespread libraries, SPJIMR offers an most useful surroundings for mastering, studies, and private development
Individual Attention: SPJIMR prioritizes character interest, retaining small elegance sizes and accessible school contributors who are devoted to guiding and supporting college students for the duration of their academic adventure, making sure personalized mentorship and boom.

Notable Alumni:

Some of them are: Sandeep Jajodia, Vijay K. V. S. R. K. Narayanan, Raghav Bahl, Manish Sabharwal, Nitin Paranjpe

With its holistic approach to education, experienced faculty, and exceptional track record, SPJIMR continues to be in 9 best mba colleges in mumbai.

K. J. Somaiya Institute of Management Studies and Research (SIMSR), 9 best mba colleges in mumbai

SIMSR, a part of the Somaiya Vidyavihar University, is a outstanding management institute recognised for its educational excellence and industry-orientated curriculum

NIRF Ranking: 13
Course Fees: 340000
Organization Type: Government
Official site: https://kjsim.somaiya.edu/en/

Features:

Experienced Faculty:SIMSR boasts a outstanding faculty renowned for his or her tremendous information and enjoy in numerous educational disciplines, fostering a rich mastering surroundings for college kids.
Proven Track Record: With a legacy of educational excellence, studies contributions, and expert achievements, SIMSR has earned recognition as a leading organization committed to nurturing pupils and visionaries.
Comprehensive Study Material: SIMSR gives comprehensive take a look at substances and assets meticulously crafted to assist students in mastering academic ideas and excelling of their selected fields of study, empowering them to address actual-global challenges efficaciously.
State-of-the-art Facilities: Equipped with modern-day infrastructure, along with well-prepared libraries, research facilities, and cutting-edge lecture rooms, SIMSR offers an top of the line mastering environment conducive to academic and professional growth.
Holistic Development: SIMSR emphasizes holistic improvement, encompassing educational excellence, private boom, social abilties, and moral values.

Notable Alumni:

Some of them are: Rajesh Gopinathan, Nitesh Kumar, Deepak Parekh, Kunal Shah, Ajay K. S. Ahuja.

With its commitment to quality education, experienced faculty, and comprehensive support system, SIMSR one of the 9 best mba colleges in mumbai stands as a premier institution.

National Institute of Industrial Engineering (NITIE), 9 best mba colleges in mumbai

NITIE, placed in Powai, Mumbai, is a optimum group supplying specialized control packages in industrial engineering, operations control, deliver chain management, and different associated fields.

NIRF Ranking: 11
Course Fees: 190000
Organization Type: Government
Official site: https://iimmumbai.ac.in/

Features:

Experienced Faculty: NITIE prides itself on its outstanding faculty famend for his or her understanding in management schooling and studies, making sure students receive pinnacle-tier training and guidance.
Proven Track Record: NITIE has a demonstrated music report of excellence in management training, research, and professional achievements, reflecting its unwavering commitment to educational excellence and pupil fulfillment.
State-of-the-art Facilities: With current infrastructure including properly-ready libraries, studies centers, and classrooms, NITIE gives a complicated getting to know surroundings for college students, fostering educational and professional boom
Individual Attention: NITIE ensures individual attention to every scholar, fostering personalised increase and mentorship. With a focus on nurturing abilities and addressing specific needs, students acquire tailored aid to enhance their control education.
Holistic Development: At NITIE, holistic development is paramount, nurturing college students beyond academics. The university adopts a comprehensive method encompassing education, studies, and extracurricular activities, promoting well-rounded personal and expert growth.

Notable Alumni:

Some of them are: K. Radhakrishnan, N. R. Narayana Murthy, Sandeep Kumar, Amitabh Kant, Manish Sabharwal.

With its commitment to quality education, experienced faculty, and comprehensive support system, NITIE one of the 9 best mba colleges in mumbai stands as a premier institution.

Welingkar Institute of Management Development & Research (WeSchool), 9 best mba colleges in mumbai

With campuses in Mumbai and Bangalore, WeSchool offers a extensive range of management packages together with PGDM, MMS, and govt education.

NIRF Ranking: 25
Course Fees: 275000
Organization Type: Government
Official site: https://www.welingkar.org/

Features:

Expert Faculty: WeSchool, boasts a professional school comprising outstanding students, researchers, and enterprise professionals, enriching the getting to know experience with their wealth of expertise.
State-of-the-art Facilities: The campus functions modern laboratories, superior research facilities, and well-stocked libraries, providing an environment conducive to trendy studies and innovation, improving the overall instructional enjoy.
Proven Track Record: With exquisite alumni making widespread contributions across numerous industries, the university continues sturdy ties with severa country wide and international organizations, further improving its recognition and have an impact on in the instructional and expert spheres.
Quality Study Material: The curriculum is supplemented with incredible look at materials, consisting of textbooks, studies papers, and virtual sources, ensuring that students have get right of entry to to the great learning gear available for their educational adventure.
Holistic Development: Personalized attention is a hallmark of the university’s academic approach, with college members being approachable and to be had to provide person steerage and aid, facilitating students’ holistic development and a success navigation of their academic and profession paths.

Notable Alumni:

Some of them are: Rajesh Jha, Pallavi Sinha, Ranjan Bandyopadhyay, Kamal R. Sharma, Paritosh Ghosh.

With its stellar reputation, dedicated faculty, and student-centric approach, WeSchool continues to set the benchmark for the 9 best mba colleges in mumbai.

Institute for Technology and Management (ITM) Business School, 9 best mba colleges in mumbai

ITM Business School is a renowned management institute with campuses across India, which includes Mumbai.

NIRF Ranking: 21
Course Fees: 260000
Organization Type: Government
Official site: https://www.iihm.ac.in/

Features:

Renowned Faculty: ITM Business School features a distinguished faculty that combines academic knowledge with enterprise revel in. This mixture courses college students toward both academic and expert excellence across various fields.
Advanced Study Material: Additionally, the college provides advanced study substances, which includes enterprise-relevant sources. These substances help students benefit sensible information and competencies tailor-made to their chosen fields.
Evaluation Practices: Furthermore, ITM Business School conducts everyday mock assessments. These exams gauge student progress and readiness, enhancing their examination education and ordinary performance.
Supportive Learning Environment: Moreover, the faculty organizes prompt doubt-clearing periods. This approach addresses pupil queries quickly, fostering a supportive getting to know surroundings and making sure conceptual clarity.
Outstanding Results: Lastly, ITM Business School continuously achieves brilliant instructional effects. This displays its dedication to great training and correctly prepares students for fulfillment of their expert careers.

Notable Alumni:

Some of them are: Saurabh Ghosh, Sandeep Sethi, Gaurav Kapoor, Anupama Kamath, Ankita Singh.

With its dedication to quality education, experienced faculty, and focus on holistic development, ITM Business School continues to be in 9 best mba colleges in mumbai.

Prin. L. N. Welingkar Institute of Management Development & Research, 9 best mba colleges in mumbai

Offering numerous management packages consisting of PGDM, MMS, and government education, WeSchool focuses on nurturing destiny leaders equipped with practical capabilities and international perspectives.

NIRF Ranking: 59
Course Fees: 450000
Organization Type: Private
Official site: https://www.welingkar.org/

Features:

Experienced Faculty: WeSchool boasts a dedicated school dedicated to enhancing the academic surroundings and fostering scholarly excellence.
Comprehensive Curriculum: WeSchool curriculum is designed to foster essential thinking and interdisciplinary getting to know, getting ready college students to tackle complex worldwide challenges.
Advanced Study Material: WeSchool presents advanced have a look at substances and sources to help rigorous instructional inquiry and research throughout disciplines.
State-of-the-art Facilities: Equipped with modern centers, WeSchool offers an environment conducive to coaching and research. The campus affords contemporary classrooms, laboratories, and libraries, permitting college students to excel of their instructional hobbies.
Individual Attention: WeSchool emphasizes character attention, with small magnificence sizes and reachable faculty.

Notable Alumni:

Some of them are: Ajay Piramal, Vivek Sarin, Anjali Bansal, Rajat Kapoor, Ashish Vidyarthi.

With its holistic approach to education, experienced faculty, and exceptional track record, WeSchool , continues to be in 9 best mba colleges in mumbai.

FAQ's

1. What is the monthly salary of MBA in Mumbai?

The average salary for a Mba is ₹4,62,500 in Mumbai, India

2. In which field is MBA best?

The top 5 MBA specialisations in the world are Business Analytics, Information Technology, Finance, Marketing, and Economics.

3. Which MBA job is highly paid?

High-paying job roles for MBA professionals in India are roles like Investment Banker, Management Consultant, Chief Financial Officer (CFO), and Marketing Director. While these positions pay you well, they often require a strategic mindset and specialized knowledge gained through an MBA.

4. Who earns more, CA or MBA?

The CA salary in India is around 8-9 lakhs per annum. On the other hand, the average salary of an MBA is 7-8 lakhs per annum. Skills and Knowledge – Chartered Accountants have great knowledge in Financial Reporting, Account Management, Auditing, Taxation, Corporate Laws, etc.

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