Top PGDM Colleges in Mumbai 2025 - Check the list of the best PGDM colleges in Mumbai with ranking, fees, cut-off, admission, brochure, placements, reviews, entrance exams, and eligibility criteria.
Mumbai (also known as Bombay) is a city in Maharashtra (India). Shailesh J. Mehta School of Management, NMIMS School of Business Management, National Institute of Industrial Engineering, SPJIMR, NMIMS, K J Somaiya Institute of Management, etc. are some of the best PGDM colleges in Mumbai. This city has a total of 126 PGDM colleges in Mumbai which includes 118 PGDM colleges that are private and around 8 PGDM colleges that are government. Admission to these colleges is mostly provided based on scores obtained by students in various entrance exams such as MAHCET, CAT, MAT, XAT, GATE, etc. These are the top-ranked colleges in Mumbai.
PGDM Colleges Mumbai offers PGDM a two-year AICTE-approved full-time program consisting of four semesters duly approved by AICTE, Ministry of Human Resources, Government of India. The PGDM program at PGDM colleges in Mumbai lays the foundation for conceptual and analytical thinking and gives students an insight into the dynamics of the business environment.
Top PGDM colleges in Mumbai offer various degrees in this field of management. All these courses have different curricula and offer different career opportunities to students. A list of PGDM colleges in Mumbai is enlisted here for candidates to go through the details before deciding on admission. Details regarding admission procedures and eligibility norms are given in this article to help students prepare accordingly for admission.
PGDM 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 PGDM program.
Here are some important highlights of the top PGDM colleges in Mumbai (Maharashtra):
Particular |
Value |
State |
Maharashtra |
City |
Mumbai |
Approved by |
UGC, AIU, AICTE, NBA, AACSB, AMBA |
Number of PGDM college |
126 |
India Today ranked college |
SP Jain, Mumbai |
The week-ranked college |
Shailesh J. Mehta School of Management, IIT Bombay, Mumbai |
Eligibility criteria |
Graduation with 50% marks from a recognized university in any stream |
Course Specializations |
Human Resources, Sports, Operations, Finance, Sales & Marketing, etc. |
Job Profiles |
Financial Manager, General Management, Management Analyst, HR Manager, Marketing, Sales, etc. |
Average Fee |
INR 20,000-24,00,000 |
Highest salary |
INR 50,00,000 |
Health Care & Hospital, Retail, Entrepreneurship, Rural Management, Transport & Logistics, Project Management, etc. are some of the main specializations that support employment opportunities for candidates in various fields. Most candidates prefer to choose a management branch with the best job opportunities at higher salary packages.
Here is a list of specializations offered in top PGDM colleges in Mumbai:
Specialization |
Description |
Finance |
Focuses on financial management, investment strategies, financial planning, and risk management. |
Marketing |
Covers marketing strategies, consumer behaviour, brand management, and digital marketing. |
Human Resource Management (HRM) |
Specialization in managing workforce, recruitment, training, performance management, and employee relations. |
Operations Management |
Focuses on supply chain management, production planning, logistics, and process optimization. |
Information Technology (IT) |
Specialization in managing IT systems, software development, IT strategy, and digital transformation. |
Business Analytics |
Covers data analysis, business intelligence, predictive analytics, and data-driven decision-making. |
International Business |
Focuses on global trade, international marketing, cross-cultural management, and global business strategies. |
Entrepreneurship |
Specialization in new venture creation, business planning, innovation management, and startup ecosystem. |
Healthcare Management |
Focuses on managing healthcare institutions, healthcare policies, hospital management, and healthcare services. |
Retail Management |
Covers retail operations, supply chain in retail, customer relationship management, and retail strategies. |
Supply Chain Management |
Specialization in logistics, procurement, inventory management, and supply chain optimization. |
Banking and Financial Services |
Focuses on banking operations, financial services, investment banking, and risk management. |
Project Management |
Covers project planning, execution, risk management, and project lifecycle management. |
Rural Management |
Specialization in rural development, agribusiness, rural marketing, and management of rural resources. |
Digital Marketing |
Focuses on online marketing strategies, social media marketing, SEO, and digital advertising. |
Candidates have to appear in any national, state, or university-level entrance exams. The top entrance exams are accepted by various colleges offering Management courses in Mumbai.
A list of entrance exams that are accepted by the PGDM colleges in Mumbai is given here:
GATE | ACET | ||
PERA CET | MAH CET | NMAT | |
BMAT | CUET | ||
SET |
|
|
Students have a bachelor's degree in any stream or equivalent qualification from a recognized university or college with a minimum of 50% marks. Some PGDM colleges in Mumbai accept scores of national-level entrance exams such as MAHCET, CMAT, CAT, MAT, XAT, etc. Candidates must complete the minimum cutoff scores set by the respective colleges in which they want to be admitted.
Here is the list of top PGDM colleges in Mumbai and their Eligibility criteria:
College Name |
Eligibility Criteria |
Bachelor's degree with at least 50% marks, valid CAT/GMAT/XAT score, and relevant work experience preferred. |
|
Bachelor's degree with at least 50% marks, valid CAT/MAT/CMAT/MAH-CET score. |
|
Bachelor's degree with at least 50% marks, valid NMAT score, and relevant work experience preferred. |
|
Bachelor's degree with at least 50% marks, valid CAT/XAT/CMAT/ATMA/GMAT score, and relevant work experience preferred. |
|
Bachelor's degree with at least 50% marks, valid CAT/CMAT/XAT/GMAT score, and relevant work experience preferred. |
|
School of Business Management, NMIMS University - [SBM NMIMS], Mumbai |
Bachelor's degree with at least 50% marks, valid CAT/CMAT/MAH-CET score. |
N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR], Mumbai |
Bachelor's degree with at least 50% marks, valid CAT/XAT/GMAT/CMAT score. |
Bachelor's degree with at least 50% marks, valid CAT/XAT/MAT/CMAT/GMAT/ATMA score. |
|
Bachelor's degree in Engineering/Technology with at least 60% marks, and a valid CAT score. |
|
Bachelor's degree with at least 50% marks, valid CAT/CMAT/MH-CET score. |
A total of 126 PGDM colleges in Mumbai offer PGDM courses of which, 118 PGDM colleges are private and 8 PGDM colleges are public (government). MAHCET, XAT, CMAT, CAT, MAT, GMAT, etc. are some entrance exams that are accepted in top PGDM colleges in Mumbai. Shailesh J. Mehta School of Management, NMIMS School of Business Management, National Institute of Industrial Engineering, SPJIMR, NMIMS, K J Somaiya Institute of Management, etc. are several reputed PGDM colleges in Mumbai.
Here is the table of the top PGDM colleges in Mumbai is given below:
College Name |
Average Annual Fee (INR) |
INR 24,00,000 |
|
INR 3,50,000 |
|
IIM Mumbai - Indian Institute of Management, Mumbai |
INR 21,00,000 |
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 |
There are around 126 Top PGDM colleges but there are only 8 best government colleges that offer various types of courses and their specialization in their relevant fields. It is one of the main reasons that most of the candidates prefer the top BBA colleges in Mumbai that are owned by the government. Additionally, they also get facilities like well-qualified faculty members, eminent alumni, state-of-the-art laboratories, high-quality education, and excellent accreditation.
Listed below are the best government PGDM colleges in Mumbai with their average fee:
College Name |
Average Annual Fee (INR) |
IIM Mumbai - Indian Institute of Management, Mumbai |
INR 21,00,000 |
Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai |
INR 7,17,650 |
IIT Bombay - Indian Institute of Technology - [IITB], Mumbai |
INR 4,29,900 |
INR 3,65,680 |
|
Shreemati Nathibai Damodar Thackersey Women's University - [SNDT], Mumbai |
INR 1,00,905 |
INR 6,600 |
Private colleges are most selective by the student for their facilities and their education quality. There are a total of 126 PGDM colleges out of which 118 are top private colleges. Private colleges have great environments to study and there are many things to explore. Private colleges are more expensive than government colleges, mainly because of their amazing infrastructure, ac rooms, extracurricular activities, etc. SP Jain, JBIMS Mumbai, IIM Mumbai, etc. are the top 3 private PGDM colleges in Mumbai
Listed below are the best private PGDM colleges in Mumbai with their average fee:
Name of College |
Average Annual Fee (INR) |
INR 24,00,000 |
|
INR 3,50,000 |
|
IIM Mumbai - Indian Institute of Management, Mumbai |
INR 21,00,000 |
INR 1,00,000 |
|
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 |
The top PGDM college in Mumbai offers several job and career opportunities given the diverse nature of the city’s business and economic landscape. All the best PGDM colleges in Mumbai with a placement record of 100% make this city a preferred PGDM destination. These PGDM colleges offer a high average salary of INR 5-20+ LPA in final placements. SP Jain, JBIMS Mumbai, IIM Mumbai, etc. are the top 3 placement PGDM colleges in Mumbai.
Here is a list of top PGDM colleges in Mumbai with their ROI details:
Name of College |
Average Fee |
Average Salary |
INR 24,00,000 |
INR 33,00,000 |
|
INR 3,50,000 |
INR 19,50,000 |
|
IIM Mumbai - Indian Institute of Management, Mumbai |
INR 21,00,000 |
INR 10,88,000 |
INR 20,87,000 |
INR 15,00,000 |
|
Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai |
INR 7,17,650 |
INR 28,01,000 |
The primary aim of students enrolled in any course is to obtain a suitable job and to be placed in reputed companies and organizations. The placement department of Presidency College helps students in training and recruitment and provides them with deserving opportunities in different industries. This gives students a chance to know more about the company, work culture, growth opportunities and learning and advancement opportunities at the organization. IIT Madras, Great Lakes Institute of Management, Loyola Institute of Business Administration, etc. are the top Management colleges in Mumbai for recruiters.
Here is a list of recruiters that offer job opportunities for PGDM graduates from Mumbai PGDM colleges:
L’Oreal Paris |
National Stock Exchange |
Bank of America |
IBM |
Reserve Bank of India |
Godrej |
Hindustan Unilever |
Bloomberg |
Kotak Mahindra Group |
Boston Consulting Group |
Bajaj Auto |
PricewaterhouseCoopers |
Barclays Capital |
Bharati Airtel |
PGDM course admission process generally includes a common entrance examination and a written aptitude test (WAT) or written essay, a group discussion (GD), and an interview (PI). The WAT-PI-GD cycle takes place after the entrance exam. Only candidates who have cleared the entrance exam will be selected for the WAT, GD, and PI exams.
(1). Which institute is best for PGDM in Mumbai?
Ans. Prin. L. N. Welingkar Institute of Management Development and Research - Online Distance Learning Center, SPJIMR, Mumbai, National Institute of Industrial Engineering, Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS University, etc.
(2). Is PGDM good or bad?
Ans. It equips one with the important skills to become a successful manager. However, an online PGDM course is not only beneficial for graduate students but also for working professionals.
(3). Does Mumbai University offer PGDM?
Ans. The Faculty of Education, University of Bombay was established in 1974. In 1974, the faculty introduced the Postgraduate Degree in Educational Management (PGDME) in 1994 and subsequently revised it as per the needs of students desiring to pursue their diploma in education.
(4). What are the top areas of Specialization in the PGDM course?
Ans. International Business, Finance, Event Management, Hospitality and Hotel Management, Travel and Tourism Management, Aviation Management, Communication and Media Management, etc.
(5). Is PGDM valid for government jobs?
Ans. Yes, you can apply for government jobs with a PGDM.
(6). Are SP Jain and SPJIMR the same?
Ans. Yes, they are. The full name of SPJIMR is SP Jain Institute of Management and Research.
(7). Is PGDM a good career option?
Ans. A career after PGDM can be flourishing as PGDM jobs are some of the highest-paying jobs with ample opportunities to learn and grow.
(8). Can students do PGDM after B.Com.?
Ans. Yes, students can do a PGDM after pursuing a B.Com. course.
(9). Is IBS AICTE approved in Mumbai?
Ans. No, ISB Mumbai has not been approved by AICTE.
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