10 Best Colleges In Mumbai For MBA (With Specialisation)

  • By Bhavya Thakkar
  • 6 October 2022
10 Best Colleges in Mumbai for MBA

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Mumbai is Maharashtra's capital and the world's sixth most populous metropolitan city. This city is revamping its education systems by embracing the most cutting-edge technologies from around the world. As India's economic, financial and entertainment center, Mumbai attracts students from all over the country; there are numerous chances for management hopefuls. Best MBA colleges in Mumbai are scattered throughout the city and have cutting-edge educational facilities.

One of India's oldest universities, Mumbai University, is located in Mumbai. The city is home to major investment firms as well as the commercial establishments of various Indian and foreign organisations, ensuring great placements. Because of the presence of numerous prominent MBA colleges, Mumbai has been one of the top attractions for getting an MBA degree. The best private MBA colleges in Mumbai help students build management and academic skills while also providing excellent career opportunities. The CAT Exam and other national and state-level examination scores are accepted by the majority of MBA colleges in Mumbai. The following list of MBA colleges in Mumbai is offered to help MBA students learn about the best business schools.

Top MBA Colleges in Mumbai

Mumbai is home to several prestigious business schools. The leading institutions in Mumbai help students build academic and management skills while also providing excellent career opportunities. The table below provides an overview of the best MBA colleges in Mumbai with fees:

MBA College Name

Fee for 2 year MBA/MMS/PGDM

NMIMS, Mumbai

Rs 20.8L

SPJIMR, Mumbai

Rs 19L

NITIE Mumbai

Rs 12.5L

IIT Bombay

Rs 10.08L

K J Somaiya Institute of Management, Mumbai

Rs 18.79L

JBIMS Mumbai

Rs 6L

BITS School of Management

Rs 20.6L

Prin L N Welingkar Institute of Management Development and Research

Rs 13L


Rs 13.5L

SDA Bocconi Asia Centre

Rs 18.6L

Top Reasons To Study MBA Course in Mumbai

Mumbai has long been known as an epicenter of technology, creativity and an educational hub, attracting a huge number of students and working professionals to further their education and launch their careers. It is home to thriving firms in a wide range of industries, including retail, manufacturing, information technology, banking and real estate. Let us take a look at the top reasons why Mumbai is the best city for management education.

  • Better Opportunities From The Financial Hub: Mumbai is the commercial and financial capital of India. Mumbai is also well-known for its business and trade. Placements are more likely in Mumbai, and students receive valuable hands-on experience and expertise through industry internships and industrial tours. Another added advantage is that institutions are in the close neighbourhood of several industries.

  • Safe City To Learn From: Mumbai, one of the most technologically advanced cities, comes near the top of the list of safest cities in India, particularly for working women and students pursuing an education.

  • Quality Of Life: The cost of living in Mumbai is reasonable, and the prices of hotels and hostels are often modest. According to an IIT-B report, Mumbai is the best city in terms of economic development and environmental effect. Mumbai is well-known for its superb transportation options. Trains and bus services connect the city's major neighbourhoods. There are frequent bus and auto rickshaw services available 24 hours a day.

  • A Well-Known Centre Of Excellence For Education: In addition to being a commercial center and one of the greatest places to start a business, Mumbai is regarded as one of the top cities for education. Students from all over the country travel to Mumbai to further their education. Numerous universities and colleges provide high-quality education. Student housing is also offered in a variety of price ranges.

Top MBA Colleges by Location

Top MBA Colleges in Ahmedabad Top MBA Colleges in Andhra Pradesh
Top MBA Colleges in Bangalore Top MBA Colleges in Bhopal
Top MBA Colleges in Chennai Top MBA Colleges in Coimbatore
Top MBA Colleges in Delhi NCR Top MBA Colleges in Gurgaon
Top MBA Colleges in Hyderabad Top MBA Colleges in Indore
Top MBA Colleges in Jaipur Top MBA Colleges in Karnataka
Top MBA Colleges in Kerala Top MBA Colleges in Kolkata
Top MBA Colleges in Lucknow Top MBA Colleges in Maharashtra
Top MBA Colleges in India Top MBA Colleges in Noida
Top MBA Colleges in Patna Top MBA Colleges in Pune
Top MBA Colleges in Tamil Nadu

Wrapping Up

An MBA from a top-tier university is the answer if you want to prosper in today's competitive corporate world. Despite being a significant financial commitment, a management degree has the potential to pay for itself tenfold in the long run. Obtaining a top executive position with a big income is not the only benefit. There's much more! An MBA exam can help you further your career by providing you with the necessary knowledge and skills to navigate the competitive business world. Furthermore, it boosts your confidence, teaches you professionalism, and gives you access to fantastic networking chances. You can also dream big and even become an entrepreneur. Not to mention that the credentials are recognised globally, allowing you the opportunity to pursue job opportunities abroad.

About Sunstone

Sunstone is a leading higher education services provider that works with academic institutions in upskilling students for employability. Sunstone offers career-oriented training interventions for undergraduate and postgraduate students at 50+ institutions across 30+ cities.

Sunstone’s training programs are industry endorsed to enhance employability. These programs are designed for hybrid delivery with an unparalleled focus on soft skills and personality development to provide students with a holistic educational experience.

FAQ - MBA Colleges in Mumbai

  • Is Mumbai Good for MBA?

Mumbai, India's business and financial hub, is also one of the top MBA destinations in the country. It is also a center for education in management, technology, and related fields.

  • Which is the No 1 college in Mumbai for MBA?

IIT Bombay is one of the best colleges in Mumbai for an MBA.

  • Which MBA college gives the highest salary in Mumbai?

The highest CTC offer at SPJIMR, Mumbai, was Rs 53.16 lakh per annum in 2021.

  • Is MBA difficult for BCom students?

An MBA after BCom is a fantastic option. You will not have any difficulties because the MBA program is designed in such a way that anyone with a simple graduation degree can apply.

  • Who may apply for an MBA in India?

A bachelor's degree from a recognised post-secondary institution with a minimum B average in the previous two full years (or equivalent) of academic work is a criterion for MBA eligibility in India.

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