Top PGDM Colleges in Mumbai 2025: Ranking, Fees, Cut-off, Courses, Placements, Admission

Written By universitykart team | Last updated date Nov, 13, 2024

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.

Highlights of PGDM College in Mumbai 2025

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

Specializations: Top PGDM colleges in Mumbai

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.

Entrance Exams for PGDM Colleges in Mumbai

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:

CMAT

GATE

CAT

ACET

MAT

PERA CET

MAH CET

NMAT

XAT

BMAT

ATMA

CUET

GMAT

SET

 

 

Eligibility criteria for top PGDM Colleges in Mumbai

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

SP Jain Institute of Management and Research (SPJIMR)

Bachelor's degree with at least 50% marks, valid CAT/GMAT/XAT score, and relevant work experience preferred.

Jamnalal Bajaj Institute of Management Studies (JBIMS)

Bachelor's degree with at least 50% marks, valid CAT/MAT/CMAT/MAH-CET score.

NMIMS School of Business Management

Bachelor's degree with at least 50% marks, valid NMAT score, and relevant work experience preferred.

Mumbai University - [MU], Mumbai

Bachelor's degree with at least 50% marks, valid CAT/XAT/CMAT/ATMA/GMAT score, and relevant work experience preferred.

KJ Somaiya Institute of Management, Mumbai

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.

ITM Business School

Bachelor's degree with at least 50% marks, valid CAT/XAT/MAT/CMAT/GMAT/ATMA score.

National Institute of Industrial Engineering (NITIE)

Bachelor's degree in Engineering/Technology with at least 60% marks, and a valid CAT score.

Chetana's Institute of Management and Research

Bachelor's degree with at least 50% marks, valid CAT/CMAT/MH-CET score.

Top PGDM college in Mumbai 2025

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)

SP Jain [SPJIMR], Mumbai

INR 24,00,000

JBIMS Mumbai, Mumbai

INR 3,50,000

IIM Mumbai - Indian Institute of Management, Mumbai

INR 21,00,000

TISS Tata Institute of Social Sciences, Mumbai

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

KJ Somaiya Institute of Management, Mumbai

INR 10,07,402

Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai

INR 7,00,000

SIES School of Business Studies - [SIES SBS], Mumbai

INR 8,00,000

N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR], Mumbai

INR 8,10,000

Amity University, Mumbai

INR 4,72,000

Aditya Institute of Management Studies and Research - [AIMSR], Mumbai

INR 1,40,000

Top Government PGDM Colleges in Mumbai

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

Mumbai University - [MU], Mumbai

INR 3,65,680

Shreemati Nathibai Damodar Thackersey Women's University - [SNDT], Mumbai

INR 1,00,905

Hansraj Jivandas College of Education, Mumbai

INR 6,600

Top Private PGDM Colleges in Mumbai

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)

SP Jain [SPJIMR], Mumbai

INR 24,00,000

JBIMS Mumbai, Mumbai

INR 3,50,000

IIM Mumbai - Indian Institute of Management, Mumbai

INR 21,00,000

TISS Tata Institute of Social Sciences, Mumbai

INR 1,00,000

School of Business Management, NMIMS University - [SBM NMIMS], Mumbai

INR 11,95,000

KJ Somaiya Institute of Management, Mumbai

INR 10,07,402

Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai

INR 7,00,000

SIES School of Business Studies - [SIES SBS], Mumbai

INR 8,00,000

N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR], Mumbai

INR 8,10,000

Top PGDM Colleges in Mumbai for Finance

  1. Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai
  2. Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai
  3. N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR], Mumbai
  4. Amity University, Mumbai
  5. Aditya Institute of Management Studies and Research - [AIMSR], Mumbai

Top PGDM Colleges in Mumbai for Human Resources Management

  1. JBIMS Mumbai, Mumbai
  2. Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai
  3. School of Business Management, NMIMS University - [SBM NMIMS], Mumbai
  4. Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai
  5. Amity University, Mumbai

Best PGDM Colleges in Mumbai for Marketing

  1. Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai
  2. Amity University, Mumbai
  3. Aditya Institute of Management Studies and Research - [AIMSR], Mumbai
  4. Kohinoor Business School - [KBS], Mumbai
  5. Chetana's Institute of Management and Research - [CIMR], Mumbai

Best PGDM colleges in Mumbai accepting MAHCET

  1. JBIMS Mumbai, Mumbai
  2. Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai
  3. SIES School of Business Studies - [SIES SBS], Mumbai
  4. N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR], Mumbai
  5. Aditya Institute of Management Studies and Research - [AIMSR], Mumbai

Top PGDM colleges in Mumbai accepting CMAT

  1. JBIMS Mumbai, Mumbai
  2. KJ Somaiya Institute of Management, Mumbai
  3. Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai
  4. SIES School of Business Studies - [SIES SBS], Mumbai
  5. N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR], Mumbai

ROI of Top PGDM College in Mumbai

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

SP Jain [SPJIMR], Mumbai

INR 24,00,000

INR 33,00,000

JBIMS Mumbai, Mumbai

INR 3,50,000

INR 19,50,000

IIM Mumbai - Indian Institute of Management, Mumbai

INR 21,00,000

INR 10,88,000

KJ Somaiya Institute of Management, Mumbai

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

Top Recruiters: PGDM colleges in Mumbai

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

Admission Process for PGDM College in Mumbai

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.

Top PGDM college in Mumbai: FAQs

(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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