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Sep 11, 2025

Top Management Colleges in Mumbai 2025: Rankings, Fees, Admissions, ROI & More

Top Management Colleges in Mumbai 2025: Rankings, Fees, Admissions, ROI & More

Top Management Colleges in Mumbai 2025: In Mumbai, there are 500+ Top Management Colleges, including both Private and Government, known for offering various management programs, such as BBA, MBA, PGDM, etc. The Top Management Colleges in Mumbai, as per the NIRF Ranking, are SVKM`s Narsee Monjee Institute of Management Studies, KJ Somiaya Institute of Management, Indian Institute of Management, etc.


Admission to the management program is based on merit and the marks secured by the students in the entrance exams. The entrance exams accepted by the college include CAT/ MAT/ XAT/ ATMA/ CMAT/ NMAT. Selection is done through the Written Test, Group Discussion, and Personal Interview. 


The fee structure for the management courses ranges between INR 1.4 1 L and INR 47.5 L, depending on the candidate’s preferred course and the college. Moreover, the management colleges in Mumbai have an excellent placement track record, with top recruiters, such as HDFC Bank, Deloitte, Asian Paints, Axis Bank, Godrej, ICICI Bank, etc


Top Management Colleges in Mumbai Highlights

Parameters

Details

No. of Management Colleges in Mumbai 

500+

Top Management Colleges in Mumbai 

  • SVKM`s Narsee Monjee Institute of Management Studies

  • KJ Somaiya Institute of Management

  • Indian Institute of Management

Ownership

Private and Government

Exams Accepted

CAT, XAT, MAT, GMAT, ATMA, CMAT, NMAT, etc.

Courses Offered

BBA, MBA, PGDM

Fees Range

INR 1.41 Lakh- INR 47.5 Lakh

Admission Process

Entrance exam, Personal Interview, Written Test

Average Placement Range

INR 4 LPA - INR 34 LPA

Top Management Colleges in Mumbai 2025

Various Management Colleges in Mumbai offer courses such as BBA, MBA, PGDM, etc, to the candidates with a duration of 2-3 years respectively. Like, NMIMS University and Universal Business School offer BBA and MBA to the candidates with the fee range of INR 1.41 L to INR 47.5 L and INR 1.98 L to INR 11.48 L, respectively. KJ Somaiya Institute of Management, Indian Institute of Management, and Shailesh J. Mehta School of Management offers an MBA course with a fee range of INR  2L to INR 11.55L. Likewise, SP Jain Institute of Management and Research and Jamnalal Bajaj Institute of Management Studies offer PGDM, PGPM, and MMS courses with the fee range of INR 6.01 L- INR 21 L, respectively. 

Top Management Colleges in Mumbai with NIRF Ranking 

Mumbai has 500+ MBA colleges that provide management courses to candidates. Among all of them, the Indian Institute of Management has been ranked 6th by the NIRF Ranking 2025. Other Institutions, such as the  Indian Institute of Technology, SP Jain Institute of Management and Research, have received ranks 14th and 20th, respectively. Interested candidates can check the table below for the NIRF Ranking of the

Top Management Colleges in Mumbai

College Name

NIRF 2025

NIRF 2024

SVKM`s Narsee Monjee Institute of Management Studies

24

21

KJ Somaiya Institute of Management

65

63

Indian Institute of Management

6

6

SP Jain Institute of Management and Research

20

20

Indian Institute of Technology, Bombay

14

10

Prin. L.N. Welingkar Institute of Management Development and Research (PGDM)

75

84

Top Management Colleges in Mumbai Admission Process

Top Management Colleges in Mumbai offers various management courses at UG and PG levels. Candidates who seek admission to their desired course should follow the selection process to secure their seats. Some colleges, like NMIMS University, accept admissions based on merit. Below mentioned are the admission process of the management colleges in Mumbai: 

Step 1: Candidates should qualify for any one of the entrance exams such as CAT, XAT, MAT, GMAT, CMAT, etc. Also, the candidates should fill out the application form to their desired course. 

Step 2: Students are shortlisted based on their entrance exam scores and academic background.

Step 3: After shortlisting, candidates will be called for the Personal Interview, Written Test, and Group Discussion. 

Step 4: Once the selection process is completed, the college releases the merit list, which is based on the student’s performance. After that, candidates who are selected should go to the college for the verification of their documents.   

Top Management Colleges in Mumbai Eligibility Criteria

Top Management Colleges in Mumbai have a separate eligibility criterion for the different courses that the candidate must meet to qualify for admission. Candidates, while applying, must be eligible and should follow the admission process. Here is the basic eligibility criteria that students need to fulfil: 

    • To be eligible for the BBA program, students must have completed Class 12 from a recognised board with at least 50% marks. 

      • For MBA/ PGDM admission, aspirants should have completed their bachelor's degree in any discipline from a recognised university.

        • A minimum of 50% marks in all subjects is required for general category applicants (45% marks for candidates belonging to reserved categories, such as SC, ST, PwD, and OBC).

          • A valid score of entrance exams is also required, such as CAT/ MAT/ XAT/ CMAT/ ATMA. 

          Top Private Management Colleges in Mumbai

          Numerous Management Colleges in Mumbai offer courses such as BBA, MBA, PGDM, etc. Admission to these courses is based on the entrance exam scores, such as CAT/ MAT/ XAT/ CMAT. Some of the top colleges, such as NMIMS University and SP Jain Institute of Management, offer both UG and PG management courses with an affordable fee range. The table mentioned below shows the approximate fee structure of the management colleges that accept various entrance exams:

          College Name

          NIRF Ranking (2025)

          Fees (Approx)

          Exams Accepted

          NMIMS University

          24

          INR 1.41 L - INR 47.5 L

          -

          KJ Somaiya Institute of Management

          65

          INR 6.84 L - INR 11.55 L  

          CAT, XAT, CMAT, GMAT, NMAT, etc.

          SP Jain Institute of Management and Research

          20

          INR 21 L- INR 22.5 L

          CAT, GMAT

          Universal Business School

          -

          INR 1.98 L - INR 11.48 L

          CAT, GMAT

          Government/Semi-Govt. Management Colleges in Mumbai

          Mumbai has become a hub for management degrees at both undergraduate and postgraduate levels. Among these, several top government colleges, such as Jamnalal Bajaj Institute of Management Studies, Indian Institute of Management, etc., offer Management courses with an affordable fee structure. Candidates can check the table mentioned below to know about the Government Management Colleges in Mumbai:

          College Name

          NIRF Ranking 2025 

          Fees(Approx)

          Exams

          Jamnalal Bajaj Institute of Management Studies

          -

          INR 6.01 L-INR 7 L 

          MAH- MBA CET

          Indian Institute of Management

          6th

          INR 11.07 L

          CAT

          Shailesh J.Mehta School of Management

          -

          INR 2 L

          CAT

          Top Management Colleges in Mumbai with Fee Structure

          Several Management Colleges in Mumbai offer a wide range of management courses, such as BBA, MBA, PGDM, etc., with a duration of 2 to 3 years, respectively. Colleges like NMIMS University, KJ Somaiya Institute of Management, Indian Institute of Management, etc., are the top colleges for students who want to pursue management courses at the UG or PG level. The table below provides information about the Top Management Colleges in Mumbai, with their structure: 

          College Name

          Fees (Approx)

          NMIMS University

          INR 1.41 L- INR 47.5 L

          KJ Somaiya Institute of Management 

          INR 6.84 L- INR 11.55 L

          SP Jain Institute of Management and Research

          INR 21 L- INR 22.5 L

          Universal Business School

          INR 1.98 L- INR 11.48 L

          Jamnalal Bajaj Institute of Management Studies

          INR 6.01 L- INR 7 L

          Indian Institute of Management

          INR 11.07 L

          Shailesh J.Mehta School of Management

          INR 2 L

          Top Management Colleges in Mumbai Placement Wise

          Mumbai has various management colleges known for offering management courses at UG and PG levels, which are known for their placement records. Top Management Colleges in Mumbai, such as NMIMS University, SP Jain Institute of Management and Research, etc, offer placement in top companies such as HDFC Bank, Cognizant, Wipro, etc. The table below shows the salary packages and some of the top recruiters of the Management Colleges in Mumbai: 

          College Name

          Top Recruiters

          Highest Package

          Average Package

          KJ Somaiya Institute of Management 

          Tata Capital, Deloitte, Asian Paints, etc.

          INR 24.95 LPA - INR 28.25 LPA

          INR 4 LPA - INR 15 LPA 

          SP Jain Institute of Management and Research

          Cognizant, IDFC, Wipro, Accenture, etc.

          INR 52 LPA - INR 89 LPA 

          INR 23.88 LPA-INR 32.10 LPA 

          Jamnalal Bajaj Institute of Management Studies

          Accenture, Google, Deloitte, etc.

          INR 87.12 LPA 

          INR 26.12 LPA 

          Indian Institute of Management

          Britannia, Dabur, Blinkit, etc.

          INR 54 LPA 

          INR 33.84 LPA 

          Shailesh J.Mehta School of Management

          Asianpaints, Google Analytics, etc.

          INR 53.8 LPA 

          INR 25.82 LPA 

          Frequently Asked Questions

          The management courses offered by the Top Management Colleges in Mumbai are BBA, MBA, PGDM, MMS, etc.
          The entrance exams accepted by the Top Management Colleges in Mumbai are CAT, XAT, MAT, ATMA, CMAT, etc.
          Indian Institute of Management Mumbai (IIM) is one of the top-ranked management colleges in Mumbai.
          Yes, a candidate can take admission without appearing for the CAT, depending on the college and its admission criteria.
          Jamnalal Bajaj Institute of Management Studies is the most affordable college in Mumbai with a total fee of INR 7 lakh.