Top management colleges in Mumbai 2024-25 - Check here the list of the top and best Management universities and colleges in Mumbai, Maharashtra with fee structure, cut-off, admission process, ranking, brochure, placements, entrance exams, and eligibility criteria.
Management is a worldwide program for professionals and most students want to pursue top Management colleges for the best career opportunities and high placement packages. IIM Mumbai is one of the most popular management colleges in India and it ranked in 7th position with a 71.99 score out of all Management colleges in India. IIT Bombay, Mumbai University, National Institute of Management, Amity University, Indian Institute of Management, etc. are some of the top Management colleges in Mumbai.
Mumbai (also known as Bombay) is a city in Maharashtra (India). It is a densely populated area on the west coast of India. It is the most important financial centre in India. On the quayside of Bombay Harbor stands the iconic stone arch of India Gate, built by the British Council in 1924. Off the coast, on nearby Elephanta Island, are ancient rock temples dedicated to the Hindu god Shiva. This city is also famous for its management college.
The top 10 Management colleges in Mumbai include Welingkar Institute of Management, SIES Management Institutes, N.L Dalmia Institute of Management Studies And Research, etc. Top Management colleges in Mumbai offer admission based on entrance exams like MAH CET, MAT, CAT, XAT, etc.
As per Times Ranking, N.L Dalmia Institute of Management Studies And Research ranked 23rd and SIES College of Management Studies ranked 24th are the best Management colleges in Mumbai. These colleges offer 420 and 210 MBA/PGDM course seats. The fees of this management college for management courses are from INR 2,47,000-20,18,000 whereas the average salary is INR 15,00,000-33,00,000 PA. Colleges that charge low fees of less than INR 3,50,000 PA are GNVS Institute of Management and Indira Institute of Business Management (IIBM). These are the top-ranked colleges in Mumbai for Management programs.
Management is a worldwide program for professionals and it is designed for students to equip with increased skills and knowledge to be in leadership roles in various industries. The Management program offers some of the top courses in MBA/PGDM, BBA/BMS and M.Phil/Ph.D. courses. Finance, marketing, human resources, operations, strategic management, etc. are the top specializations in these courses which are provided by the Management program. IIT Bombay, Mumbai University, National Institute of Management, Amity University, Indian Institute of Management, etc. are some of the top Management colleges in Mumbai for providing the best specialization in their top courses.
Listed below are some important points about the management college in Mumbai (Maharashtra):
|
Particular |
Value |
|
State |
Maharashtra |
|
City |
Mumbai |
|
Approved by |
AICTE, NBA, AACSB, AMBA, UGC, AIU |
|
Number of Management college |
280 |
|
NIRF Ranked college |
SP Jain, SVKM`s Narsee Monjee Institute of Management Studies |
|
Times of India Today Ranked college |
JBIMS, IIM Mumbai |
|
Program Offer |
Graduation, Post-graduation, Doctoral, Diploma |
|
Course Name |
BBA, MMS, MBA, PGDM, BBM, UG diploma in management, M.phil/Ph.D. in Management |
|
Course Specializations |
Human Resources, Sports, Operations, Finance, Sales & Marketing |
|
Admission Process |
Entrance/Merit-based |
|
Entrance Exams |
MAHCET, XAT, CMAT, CAT, MAT, GMAT, etc. |
|
Average Fee |
INR 20,000-24,00,000 |
|
Highest salary |
INR 80,00,000 |
Management College in Mumbai offers various types of courses including BBA, BBM, MMS, MBA, M.phil, PGDM, etc., and provides training to industry leaders with different specializations. Here is the list of courses offered at various levels in management college in Mumbai that you can enrol in depending on your educational qualifications:
Depending on the level of study, there are the following management courses offered by the top Management college in Mumbai:
(i). Bachelor course: BBA, BBM
(ii). Postgraduate course: MBA, MMS
(iii). Diploma course: UG & PG diploma
(iv). Research courses: M.Phil/Ph.D in Management
The top Management colleges in Chennai offer a variety of management Studies specializations. In Chennai, many famous colleges for Management provide various types of courses in their Specialization for students to get admission to their dream careers. Sales & Marketing, Finance, Human Resources, etc. are the top specializations in Management colleges in Chennai. The table below shows management course specializations offered by the best Management college in Chennai.
Here is the table of the top specializations in Management Colleges in Mumbai:
Students must know about the reliability criteria for getting admission to the top Management colleges in Mumbai. These criteria are defined as the students choosing their interested courses. MBA, PGDM, EMBA, PhD, etc. are the top courses in Management colleges in Mumbai. IIT Bombay, Mumbai University, National Institute of Management, Amity University, Indian Institute of Management, etc. are the top Management colleges in Mumbai for the best course providers in various specializations.
Here is the table of Eligibility criteria for the Top Management Colleges in Mumbai:
|
Course |
Eligibility Criteria |
|
- Bachelor's degree in any discipline from a recognized university |
|
|
- Minimum percentage (typically 50% or above) |
|
|
- Common Admission Test (CAT) / Management Admission Test (MAT) / Graduate Management Admission Test (GMAT) scores (depending on the institution) |
|
|
- Bachelor's degree in any discipline from a recognized university |
|
|
- Minimum percentage (typically 50% or above) |
|
|
- Entrance exam scores (CAT, MAT, XAT, GMAT, etc.) depending on the institution |
|
|
- Some institutions may also require work experience |
|
|
- Bachelor's degree in any discipline |
|
|
- Minimum work experience of 5-7 years |
|
|
- Executive Admission Test (if applicable) or GMAT/GRE scores |
|
|
- Interviews and/or Statement of Purpose (SOP) |
|
|
- Higher Secondary Certificate (12th grade) or equivalent |
|
|
- Minimum percentage (typically 50% or above) |
|
|
- Entrance exam scores (varies by institution) |
|
|
Post Graduate Certificate in Management (PGCM) |
- Bachelor's degree in any discipline from a recognized university |
|
- Minimum percentage (typically 50% or above) |
|
|
- Entrance exam scores (varies by institution) |
|
|
- Some programs may require work experience |
|
|
- Bachelor's degree in any discipline from a recognized university |
|
|
- Minimum percentage (typically 50% or above) |
|
|
- Entrance exam scores (CAT, MAT, XAT, etc.) depending on the institution |
|
|
Doctor of Philosophy (PhD) in Management |
- Master's degree in Management or a related field |
|
- Minimum percentage (typically 55% or above) |
|
|
- Research proposal or Statement of Purpose (SOP) |
|
|
- Entrance exam scores and/or interview (depends on the institution) |
|
|
Management Development Programs (MDP) |
- Varies by program |
|
- Generally targeted at mid-career professionals and executives |
|
|
- Relevant work experience and educational background |
|
|
- Bachelor's degree in any discipline from a recognized university |
|
|
- Minimum percentage (typically 50% or above) |
|
|
- Entrance exam scores (CAT, MAT, GMAT, etc.) depending on the institution |
|
|
Specialized MBA Programs (e.g., MBA in Finance, Marketing) |
- Bachelor's degree in any discipline from a recognized university |
|
- Minimum percentage (typically 50% or above) |
|
|
- Entrance exam scores (CAT, MAT, XAT, GMAT, etc.) depending on the institution |
|
|
- Some programs may require specific academic background or work experience |
Management program is a higher level education and this program provides UG, PG, and PhD degrees. There are around 280 top Management colleges in Mumbai that offer management courses in various types of specializations for students to be proficient in their educational stream. Students who want to pursue management courses in Mumbai city. There are a total of 245 private and 35 government colleges. Students have many options to choose top Management colleges including IIT Bombay, Mumbai University, National Institute of Management, Amity University, Indian Institute of Management, etc. are the top 5 Management colleges in Mumbai.
Below are some of the best management colleges in Mumbai that offer management courses:
|
Name of college |
Average Annual Fee (INR) |
|
INR 1,65,000 |
|
|
INR 72,000 |
|
|
INR 2,44,978 |
|
|
INR 6,59,400 |
|
|
INR 3,00,000 |
|
|
INR 52,000 |
|
|
INR 35,000 |
|
|
INR 20,230 |
|
|
INR 50,000 |
|
|
INR 3,50,000 |
|
|
INR 25,700 |
|
|
INR 17,565 |
|
|
INR 28,965 |
|
|
INR 20,365 |
|
|
Mukesh Patel School of Technology Management and Engineering |
INR 2,50,000 |
|
INR 1,60,000 |
|
|
INR 64,000 |
There are around 35 government colleges for Management. When discussing pursuing a Management, many questions arise in students' minds about the fee criteria. Because the Management is a demanding course and its fee is also high. So don't worry here are some public colleges that offer Management courses in Mumbai. Management Fee is low compared to a private college. IIM Mumbai, Dayananda Sagar College of Engineering, St Joseph's University, etc. are the top 3 government colleges in Mumbai for Management.
Here is a list that shows Government as well as private colleges for Management courses in Mumbai:
|
College Name |
Total Tuition Fees (Approx.) |
|
INR 24,50,000 |
|
|
INR 4,92,636 |
|
|
INR 1,50,000 |
|
|
Maharani Lakshmi Ammanni College for Women - [MLACW], Mumbai |
INR - |
|
INR 1,60,000 |
|
|
INR 1,27,810 |
|
|
INR 5,95,000 |
|
|
INR 2,66,500 |
|
|
INR 1,27,810 |
|
|
INR 1,27,810 |
Management is one of the most popular PG degrees in Mumbai. A lot of private universities and colleges are offering this course in different specialisations. There are around 245 private Management colleges in Mumbai. They offer world-class education and facilities to students. They have strong industry connections through which they ensure the best placement. This makes them quite popular among Management aspirants in Mumbai. Indian Institute of Science Department of Management Studies, Symbiosis Institute of Business Management, Narsee Monjee Institute of Management Studies, etc. are the top 3 private colleges for Management in Mumbai.
Here is a list that shows private colleges for Management courses in Mumbai:
| College Name |
Total Tuition Fees |
|
Indian Institute of Science, Department of Management Studies |
INR 2,66,500 |
| INR 10,12,000 | |
|
Narsee Monjee Institute of Management Studies - [NMIMS University], Mumbai |
INR 10,00,000 |
| INR 15,95,000 | |
|
Prin. L.N. Welingkar Institute of Management Development & Research |
INR 7,00,000 |
| INR 12,50,000 | |
| INR 5,64,000 | |
| INR 1,27,810 | |
| INR 5,90,000 | |
| INR 4,70,000 |
The top Management college in Mumbai offers several job and career opportunities given the diverse nature of the city’s business and economic landscape. All the best Management colleges in Mumbai with a placement record of 100% make this city a preferred Management destination. These Management colleges offer a high average salary of INR 5-20+ LPA in final placements. Indian Institute of Management Mumbai, Xavier Institute of Management and Entrepreneurship, Symbiosis Institute of Business Management, etc. are the top 3 Management colleges for placement in Mumbai.
Here is a list of the placement of the best Management colleges in Mumbai and average salary packages are given below:
|
College Name |
Annual Fees |
Annual Package |
|
Alkesh Dinesh Mody Institute for Financial and Management Studies, Mumbai |
INR 5,630 |
INR 5.5 LPA |
|
INR 32,000 |
INR 7.0 LPA |
|
|
INR 3,10,000 |
INR 23.07 LPA |
|
|
INR 3,68,000 |
INR 10.25 LPA |
|
|
INR 2,08,000 |
INR 5.0 LPA |
|
|
Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS University |
RS. 20,87,000 |
RS. 15 LPA |
|
RS. 8,67,000 |
RS. 21 LPA |
|
|
RS. 17,250 |
RS. 8.61 LPA |
|
|
RS. 17,50,000 |
RS. 19.50 LPA |
|
|
RS. 12,53,000 |
RS. 10.88 LPA |
BBA is a famous three-year degree course for college students who need to pursue a profession in management. A total of 133 BBA colleges in Mumbai of which 108 BBA colleges are private, 25 BBA colleges are government and 3 BBA colleges are public-private. The best BBA colleges in Mumbai offer various specializations like finance, Sales and Marketing, Human Resources, Sports, Operations, etc. Candidates who have completed 10+2 with at least 50% marks are eligible to apply for BBA colleges in Mumbai.
Pursuing a bachelor management course from a top college in Mumbai prepares students to enter the corporate world. Students can get job offers in various private and government sectors in business management with job profiles like management consultant, finance manager, sales manager, etc.
Listed below are the 10 best BBA colleges in Mumbai that offer bachelor management courses:
|
College Names |
Annual fees |
|
INR 9,28,000 |
|
|
Alkesh Dinesh Mody Institute for Financial and Management Studies, Mumbai |
INR 18,479 |
|
INR 20,230 |
|
|
INR 39,945 |
|
|
INR 50,000 |
|
|
INR 24,775 |
|
|
INR 17,862 |
|
|
INR 17,787 |
BBA is a bachelor's course. The minimum eligibility criteria to fulfil for pursuing a BBA course from a top BBA college in Mumbai are given below:
Mumbai has more than 127 MBA colleges of which 119 MBA colleges are private and 8 MBA colleges are government. A few top MBA colleges in Mumbai include NMIMS, KJ Somaiya Institute of Management, Shailesh J. Mehta School of Management, NMIMS School of Business Management, National Institute of Industrial Engineering, SPJIMR, etc.
To get admission in an MBA course one has to complete their graduation with a minimum of 50% marks from a recognized university and any entrance exam like CAT, MAT, CMAT, GMAT, etc. Some colleges offer admission based on the marks which students scored in their graduation. Some may have been given admission based on entrance exams. These colleges accept either one of the entrance exams from National (CAT, MAT, CMAT, etc.), state, or college-based exams.
Given below are some of the top MBA colleges in Mumbai (Maharashtra):
|
College Name |
Fee |
|
INR 3,50,000 |
|
|
INR 1,00,000 |
|
|
Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai |
INR 7,17,650 |
|
School of Business Management, NMIMS University - [SBM NMIMS], Mumbai |
INR 11,95,000 |
|
INR 10,07,402 |
|
|
Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai |
INR 7,00,000 |
|
INR 8,00,000 |
|
|
N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR], Mumbai |
INR 8,10,000 |
|
INR 4,72,000 |
|
|
Aditya Institute of Management Studies and Research - [AIMSR], Mumbai |
INR 1,40,000 |
The basic eligibility criteria to get admission to MBA colleges in Mumbai are given below:
Choosing the best management college is a difficult task as ranking is not the only factor. First of all, you have to clear the entrance exam and meet the eligibility criteria required by the management colleges in Mumbai. Once you have achieved the required number of points, only you can choose or reject a university.
If you don't score enough in the entrance exams, you need to prioritize your requirements. Ranking is not the only way to choose a university. Students think that some universities like IIMs are worth all the sacrifices, but what if you can't afford the tuition fees?
You can get a student loan, but before you define your goal and choose the university where you want to study management, there are other things you need to consider. You need to check the college ROI, distance from home, best offers, alumni base, best recruiters, average salary package, highest salary package, etc.
(1). How many management colleges in Mumbai?
Ans. 280 Management College in Mumbai.
(2). Which college are best for Management in Mumbai?
Ans. IIT Bombay, JBIMS, Shailesh J. Mehta School of Management, National Institute of Industrial Engineering-NITIE, SP Jain Institute of Management and Research-SPJIMR, Amity Global Business School, etc.
(3). Is management course losing its value?
Ans. Due to an enormous number of students pursuing a management course every year, the course’s value has deviated a bit, but still, the management course is one of the most sought-after courses by recruiters in the corporate world.
(4). Which college is best for Finance in Mumbai?
Ans. JBIMS.
(5). Which MBA course offers the highest salary?
Ans. MBA Business Analytics and MBA Marketing.
(6). Which is better BBA or BMS a bachelor-level management course?
Ans. BBA is accepted as a better option as compared to BMS. BBA opens a door to a wide job options in different sectors.
(7). Which is the best BBA/BBM College in Mumbai?
Ans. NMIMS Mumbai with a fee of INR 3,82,000.
(8). What are the top areas of Specialization in the management course?
Ans. International Business, Finance, Event Management, Hospitality and Hotel Management, Travel and Tourism Management, Aviation Management, Communication and Media Management, etc.
(9). Is Amity Mumbai good for an MBA course?
Ans. Amity Mumbai offers students world-class infrastructure and highly sophisticated education for the MBA course. Whereas, education at Amity Mumbai is a bit expensive.
(10). Is SP Jain and SPJIMR the same?
Ans. Yes, they are. The full name of SPJIMR is SP Jain Institute of Management and Research.
(11). How can students get a scholarship for a management course?
Ans. Some organizations and institutes offer scholarships for management courses. There are 2 ways to get a scholarship:
(12). Can students do an MBA after B.Com.?
Ans. Yes, students can do an MBA after pursuing a B.Com. course.
(13). Is IBS AICTE approved in Mumbai?
Ans. No. ISB Mumbai has not been approved by AICTE.
(14). Who are the top employers in the field?
Ans. Amazon, Apple, Deloitte, TCS, Citigroup, Bain & Company, Facebook, Accenture, Capgemini, HubSpot, etc.
Get Latest Notification of Colleges, Exams and News.
back