Are you planning to pursue MBA from Mumbai, the financial capital of India? Are you searching for the most suitable MBA colleges in Mumbai accepting CAT, XAT, CMAT, MAT, MBACET for MBA admission. Well, your search is now over!

Based on in-depth research, MBAUniverse.com will help you know all about MBA colleges in Mumbai. So read this article for list of MBA colleges in Mumbai, Placements, Fee, Cut offs and much more to help you choose the right MBA college in Mumbai.

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Before we tell you about MBA colleges in Mumbai, lets briefly discuss why Mumbai is a great destination for MBA.



What makes Mumbai India’s top MBA destination

Here are key reasons that make Mumbai a much sort after MBA city.

Financial and Business Hub

While Delhi is the political capital, Mumbai is the financial and business capital of India. Bombay Stock Exchange, National Stock Exchange of India, the SEBI are all headquartered here. Hence, it is one of the world's top ten centres of global financial transactions. Corporate headquarters of leading Indian companies and MNCs like Unilever, P&G, Godrej, L&T, HDFC, Kotak Bank, ICICI Bank, Tata Group, Reliance Industries, Aditya Birla Group are also in Mumbai. Mumbai is also the media, advertising and entertainment capital of India.

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Bright job and career prospects for MBAs

If you are looking for a job in the financial sector, Mumbai is the place to be. MBAs can apply for jobs in Banking and Financial sectors in companies like HDFC, Kotak Bank, ICICI Bank and AXIS Bank. There are plenty of jobs in sales and marketing that are available in Mumbai in companies like Unilever, P&G, Godrej and many others. Being a media, advertising and entertainment capital of India, you can also apply for jobs in companies like Star TV, Zee TV, JWT, Times of India and many others.

Hub of MBA education

Finally, Mumbai is also a hub of education in management, technology and allied sectors. In addition to MBA colleges like SPJIMR, JBIMS and NMIMS, Mumbai also has leading institutions IIT Mumbai and Tata Institute of Social Sciences (TISS).

Now we will discuss about MBA colleges in Mumbai:

MBA colleges in Mumbai accepting CAT, XAT, NMAT, CMAT, MAT, MBACET

MBA colleges in Mumbai with Fees

MBA colleges in Mumbai with Placements

MBA colleges in Mumbai

Indeed, Mumbai is one of India’s leading MBA destination. Based on reputed Rankings, Top 5 MBA colleges in Mumbai are JBIMS Mumbai, SPJIMR Mumbai, NMIMS Mumbai, K J Somaiya Mumbai and NITIE Mumbai. If we expand this list, then SJMSOM-IIT Mumbai, Welingkar, Mumbai, SIMSREE Mumbai, SIES Mumbai, IESMCRC Mumbai, Kohinoor Business School are also highly ranked MBA colleges in Mumbai.

MBA Colleges in Mumbai accepting CAT, XAT

MBA colleges in Mumbai shortlist and offer admission to their flagship MBA/PGDM programmes on the basis of CAT and XAT exams.

A student’s favourite, Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai is one of the best MBA colleges in Mumbai with low fee structure, strong alumni base and high placements. The CAT score cut off at JBIMS is 95+ percentile! NITIE Mumbai, SJMSOM-IIT Mumbai and IIM Nagpur accept only CAT score.

SPJIMR Mumbai, K J Somaiya, SIMSREE, SIES, IESMCRC, are other good MBA colleges in Mumbai who accept CAT and XAT score.

School of Business Management, Narsee Monjee Institute of Management Studies (NMIMS) accepts only NMAT by GMAC scores and does not accept CAT or XAT scores in admission.

MBA Colleges in Mumbai accepting CMAT, MAT

If you don’t have a high CAT or XAT score, don’t worry. Most MBA colleges in Mumbai like K J Somaiya Mumbai, Welingkar, Chetana’s Institute of Management and Research, SIES Mumbai, N L Dalmia, IES MCRC Mumbai, ITM Navi Mumbai, VESIM Mumbai, DSIMS Mumbai, Guru Nanak Institute of Management Studies (GNIMS), BVIMSR, Mumbai; offer admissions based on CAT, XAT, CMAT/MAT or both CMAT and MAT exam scores. If you have 70 to 90+ percentile score in CMAT or MAT, you stand a good chance.

MBA Colleges in Mumbai accepting MAHCET; Cut offs

MBA/MMS programme is the low fee high RoI flagship 2 years full time MBA programme offered by 400 MBA colleges in Mumbai & rest of Maharashtra on the basis of state level MBACET exam conducted by Government of Maharashtra. The MMS or MBA in Mumbai through Government counseling is a low fee and high RoI management programme. Top MBA colleges like JBIMS Mumbai, SIMSREE Mumbai, K J Somaiya Mumbai, DSIMS Mumbai, SIES Mumbai, IES MCRC Mumbai, ITM Navi Mumbai, VESIM Mumbai, also accept MAHCET exam score for admission.

15% seats are reserved for All India category candidates in 400 MBA colleges in Mumbai and rest of Maharashtra accepting MBACET scores. There are about 44000 total MBA/MMS/PGDM seats in MBA colleges in Maharashtra through DTE, Government of Maharashtra counseling. Read all about MBACET MBA exam

Fee for MBA Colleges in Mumbai

There are plenty of options for MBA in Mumbai. The fee range for Government MMS/MBA colleges and other top MBA colleges in Mumbai is also very wide. Do you know that JBIMS Mumbai has hiked its fee by 200% from Rs.2 lakhs to Rs.6 lakhs and still it is low! Other Top MBA Colleges in Mumbai charge between 10-20 lakhs, at par with IIMs. But don’t worry. There are many good MBA colleges that charge between 5-10 lakhs and offer good education and placements. Let’s look at fee for a few select B-schools:

MBA college in Mumbai Fee for 2 year MMS/MBA/PGDM (Rs. In lakhs) SPJIMR, Mumbai 17.50 NMIMS, Mumbai 19.76 NITIE Mumbai 12.53 JBIMS Mumbai 6.00 K J Somaiya, Mumbai 13.66 SIES, Mumbai 7.20 SIMSREE, Mumbai 1.46 IESMCRC, Mumbai 6.00 Chetana’s Institute of Management and Research 6.60 SDA Bocconi Asia Center, Mumbai 18.6 DSIMS, Mumbai 7.80 Kohinoor Business School 5.90

As next step, click on the MBA college link below to check complete details of each of these MBA colleges in Mumbai