Top MBA Colleges in Mumbai

Top MBA Colleges in Mumbai

Master of Business Administration (MBA) is a graduate business degree that emphasizes developing managerial, leadership, and technical skills.

The degree covers an extensive range of topics- Marketing, Accounting, Economics, and Finance. It allows the students to learn to deal with the ever-changing competitive business.

Through the course, they gain insight and get adapted to the demands in the industry that help them later when they take on managerial roles in an organization.

If you are looking forward to being an administrator, board member, manager, or business owner, then, MBA should be your first choice to go for.

In fact, this degree has helped many candidates, and fresher’s to get a promotion with an admiring package in the form of salary.

MBA colleges are giving practical exposure to students by nurturing corporate plans, competitive global economy, competitive landscape, international market, and other strategies in their studies. It helps the students to gain the skills required in their future profession.

According to the ongoing demand and situation of the market, MBA colleges in Mumbai are providing every possible skill and training to the students to excel in every field.

Those who are having an MBA degree from top colleges of Mumbai enjoy high status and standard as compared to others. 

The current situations of companies and their business have required the MBA candidates to possess the skills and abilities to change the financial and working conditions of the company.

The organizations that are going to hire MBAs need them to be dynamic and adapt to the changing business environment, which includes investment planning, studying global trends, stock and shares, funds generation, and other long term goals of a company.

As the top colleges of Mumbai are known for giving practical exposure to students, it is a preferable place to pursue this course.

These are the top MBA Colleges in Mumbai

S. P. Jain Institute of Management and Research

The S. P. Jain Institute was built in 1981 and is recognized as the component unit of the Bharatiya Vidya Bhavan. It is among the top institutions in India.

The college focuses on promoting ethical values and innovations. It has been recognized for its efforts, which highly regarded global rankings.

Courses

The Institute offers a wide range of courses in management like (PGDM) Post Graduate Diploma in Management, (FPM) Fellow Programming in Management, Post Graduate Executive Management Programme, Post Graduate Management Program For Women, Post Graduate Program in Development Management, Post Graduate Program in Family Managed Business, Post Graduate Program in Management. Admissions in this college are made through the entrance exam CAT/XAT. 

Placements 

SPJIMR has an active placement cell that creates huge job opportunities for its students every year. The highest salary offered was up to Rs. 51 LPA and the average wage up to.26.36 LPA. The Institute has top recruiters like Microsoft, Goldman Sachs, Amazon, The Boston Consulting Group in placements.

The Institute’s official website: https://www.spjimr.org/

Narsee Monjee Institute of Management Studies (NMIMS)

The Institute got started in 1981. It is one of the best B schools providing better exposure to the students. The college is globally deemed universities giving many disciplines across multiple campuses. It has been recognized by NAAC with Grade A+ and awarded category one university by the Ministry of Human Resource Development.

Courses

It offers full time and distance learning courses in management studies. They have multiple choices of courses in management Diploma Programme, Post Graduate Diploma Programme, Professional Programme, Certificate Programme. NPAT/ NMAT is the official entrance exam for the student to pursue management studies. 

Placements 

The college has a record of 100% placements according to recent records. The list of top recruiters includes Aditya Birla Capital, Cognizant, Goldman Sachs, Citibank, etc. The highest package offered Rs. 30.37 LPA and average offered was Rs. 17.79 LPA

The Institute’s official website: https://www.nmims.edu/     

National Institute of Industrial Engineering (NITIE)

The Institute came into existence in 1963 and was formulated by the Government of India. It is one of the leading Institutes for Management education. It has ranked among top B schools in India. The college offers scholarships to students who are in need of financial support for paying their fees.

Courses

NITIE offers a wide variety of courses such as Post Graduate Diploma in Industrial Management (PGDIM), Post Graduate Diploma in Industrial Safety and Environmental Management (PGDISEM), Post Graduate Diploma in Manufacturing Management(PGDMM), Post Graduate Diploma in Project Management(PGDPM). GATE and CAT scores are accepted to pursue the management.

Placements

Topmost companies like Amazon, Capgemini, E.Y., Cognizant, etc. have a record for coming to the college for recruitment consistently. The highest CTC offered was Rs. 39.5 LPA and the average CTC offered waRs. 15.83 LPA.

The Institute’s official website: https://www.nitie.edu/

Jamnalal Bajaj Institute of Management Studies

The Institute started its journey in 1965. It is one of the earliest business schools in India. 

The JBIMS is among the top-listed MBA colleges for best business schools. It believes in setting new standards in the business of management.

Courses

JBIMS offers Masters in Financial Management and Masters in Management Studies, M.Sc in finance. The college also has a part-time MBA with a specialization in Masters in Human Resource and Development, Masters in Marketing Management, Masters in Informative Management. MAT/ XAT/GMAT/CAT scores are accepted.

Placements 

The highest CTC was Rs 32.3 LPA, and the average was Rs.30 LPA.  The top participating companies in placement include JPMorgan Chase, McKinsey, Accenture, Goldman Sachs, Infosys, Wipro, HDFC, ICICI, among many others.

The Institute’s official website: https://jbims.edu/

K J Somaiya Institute of Management Studies and Research (KJ SIMSR)

The Institute was established in the year 1981 as a part of the K. J. Somaiya Trust and Somaiya Vidyavihar. It has the vision to fulfill the needs of education in society at an affordable cost, and it has the second-largest campus in Mumbai. The college has received an Innovation Award from the Higher Education Forum.

Courses

The college offers courses such as Masters in Business Administration- Masters in Computer Application, Masters in Financial Management, Masters in International Business, Masters in Human Resource Management, Masters in Marketing Management. MAT/XAT/GMAT/CAT scores are accepted for admission.

Placements

The list of top recruiters coming to the colleges includes Google, IBM, Amazon, HSBC, Ernst & Young, CitiBank Mercedes Benz India. The highest CTC was 28.5LPA, and the average was 13.25LPA.

The Institute’s official website: http://www.somaiya.edu/simsr

L N Welingkar Institute of Management Development and Research

The Institute set up in 1977. They are one of the leading institutions of Mumbai, with branches in Mumbai and Bangalore. The college provides an online learning program that makes this college different from others.

Courses

We School offers courses like Master in Human Resource Development, (PGDM)Post Graduate Diploma in Management, Masters in Financial Management, Masters in Information Management, Masters in Management Studies, PGDM in Research And Business Analytics, PGDM – Healthcare, PGDM – Media & Entertainment, Executive and Part-Time courses. Admission through CAT/ATMA/CMAT/XMAT exam scores is accepted.

Placement

 It has a 100% record of placements. Top recruiters like Abbott, Blue star, Cine polis, Dell, Bank of America, CRISIL come consistently in college for placements. The Highest Salary Package Offered was Rs.22 LPA, and the average was Rs.11 LPA.

The Institute’s official website: https://www.welingkaronline.org

Sydenham Institute of Management Studies, Research, and Entrepreneurship Education (SIMSREE)

The Institute started to function in the year of 1983. SIMSREE is identified as one of the most popular management institutes in India. It has a wide range of degree and post-graduate courses in management.

Courses

The college offers full time Master of Management Studies, Master of Marketing Management, Master of Financial Management, Post Graduate Diploma in Business Management. Admission selection is through the entrance exam score of CAT/ATMA/MAT.

Placements

It is one of few colleges that give 100% Placements. The average CTC offered was 12.2 LPA, and the highest CTC offered is  20 LPA. Top companies like Barclays, Citi Bank, JP Morgan Chase, EY, Capgemini, Fonterra, GoDigit, etc. recruit students from this Institute every year.

The Institute’s official website: http://simsree.org/     

Shailesh J.Mehta School of Management 

The Institute was set up in 1995. The goal of the college is to focus on creation, dissemination, and enhance management knowledge. SJMSOM enjoys an excellent reputation of its own, both in industry and academia. It is ranked at position 10th in 2019 by the National Institutional Ranking Framework(NIRF) under the management category.

Courses

The courses offered by the Institute are Masters of Business Administration, Executive MBA, Executive Programme in Management. Entrance exams like CAT scores are accepted for admission. 

Placements

Their network of top recruiters includes companies like Microsoft, Apple, Cognizant, Google, Amazon, TCS, Infosys. The highest package offered was Rs.32.4 LPA, and the average package was 25.8 LPA.

The Institute’s official website: http://www.som.iitb.ac.in/          

MET Institute of Management

Mumbai Educational Trust is a college established in 1989, it offers quality education to the students. It conducts university accredited courses. It tries to develop the students into young professionals who could face the challenges of the industry confidently. 

Courses

The Institute offers two courses in management- Post Graduate Diploma in Management (PGDM) in e-Business and e-empowered Management & Business Administration (eMBA). The student has to score a minimum of 50% in any Bachelor’s degree of minimum three years from a recognized university. The college is known for courses in disciplines of Marketing, Finance, H.R., and Operations & Systems. 

Placements

Topmost companies like ABP News, Aditya Birla Group, Asian Paints, Dabur, etc. come for recruitment. The highest CTC offered was Rs. 15.5 LPA, and the average CTC was Rs. 7.5 LPA in 2019-2020. 

The Institute’s official website: https://www.met.edu/

SIES College of Management Studies (SIESCOMS)

The educational Institute came into existence in 1960. The college objective is to provide quality education in management. They have been ranked as the 7th best Institute in India. They are pioneering in new methodology and refined learning methods.

Courses

SIES offers courses like Post Graduate in Management (PGDM), Masters in Management Studies (MMS), Masters in Computer Application (MCA), PGDM Pharmaceutical Management (PGDM PM), PGDM in Biotechnology Management. Entrance exams like CAT, MAT, XAT scores are accepted.

Placements

The highest CTC offered was Rs.18 LPA, and the average CTC offered was 7.14 LPA. Companies like HDFC, Capgemini, Asian paints, ICICI Bank, Deloitte, etc. come for recruitment.

The Institute’s official website: http://www.siesascs.edu.in/

N L Dalmia Institute of Management Studies and Research

It was established in 1995. It is AICTE approved and NAAC- ‘A’ grade accredited. The college believes in providing value-based quality management to the students.

Courses

The Institute offers Master in Financial Management, Master in Human Resource Management, Masters in Marketing Management, (PGDM)Post Graduate in Management, PGDM in Marketing, PGDM in Finance. Admission is made through the selection of entrance exam scores like CAT/ MAT/ATMA/XAT.

 Placements 

The highest salary package offered is Rs.24 LPA, and the average salary package offered is Rs. 9 LPA. Frequent recruiters are Croma, HDFC, CitiCorp, Crisil.

The Institute’s official website:https://www.nldalmia.in/ 

Amity Global Business School Mumbai 

The Institute came into existence in 2009. The college has various streams of courses available, and institution infrastructure facilities are top-notch in India. They provide a 100% scholarship for deserving students.

Courses

AMITY Global Business School offers a postgraduate program in management and Business Administration. Admission selection is through the entrance exam score of CAT/XAT/MAT.

Placements 

The college network of Recruiters includes Amazon, Sony, TVS Motors, Hyundai. G.E. Capital, Citibank, Airtel, Asian Paints, Axis Bank, HCL, Accenture, etc. The highest salary package offered is Rs.14 LPA, and the average salary package offered is Rs. 6 LPA.

The Institute’s official website: http://mumbai.agbs.in/         

Universal Business School

The Institute was set up in 2009 and ranked among the best colleges in India. They are the first Business School to be approved by AICTE to have an International MBA Degree.

Courses

Universal Business School offers (PGDM) Post-graduate diploma in management, MBA +PGDM full time two years, and Triple continent BBA +MBA for five years. Admission is made through the selection of entrance exam scores like CAT/ XAT/MAT.

Placements 

Top companies like Aditya Birla Capital, ICICI, Marico, Udaan visit for recruitment across all the specializations. The highest salary package offered is Rs.20 LPA, and the average salary package offered is Rs. 8 LPA.

The Institute’s official website: https://universalbusinessschool.com/          

ICFAI Business School (IBS) – Mumbai

The Institute was set up in 1995. IBS has been the leading B school in the country. The college focuses on providing excellent academic delivery and infrastructure to the students.

Courses

The college offers a full time two years course in PGDM Post Graduate Programme in Management. Admissions are made through entrance exams like NMAT/CAT/GMAT.

Placements 

It has a record of final placements percentage of 99% success with the student placing in top companies. Recruiters networks involve organizations like Morgan Stanley, HDFC Bank, JPMorgan Chase, ICICI Bank, Nielsen, and Asian Pai. The highest salary package offered is Rs.16.20  LPA, and the average salary package offered is Rs. 6.4 LPA.

The Institute’s official website: https://www.ibsindia.org/          

Indian Institute of Technology Bombay

The Indian Institute of Technology Bombay (IITB) was established in 1958 with funds provided by UNESCO. This is the first Indian institution to be set up with foreign assistance. The Institute offers many scholarships to economically weak students.

Courses

The university offers a Masters of Business Administration Full-time 2 years course. Admission is made through the selection of entrance exam scores of CAT.

Placements 

The college has many recruiters who visit the campus for recruitment cell every year, such as Goldman Sachs, Amazon, PNG, Flipkart, Paytm, etc. The highest package offered was Rs.18 LPA, and the average was Rs.7 LPA.

The Institute’s official website: http://www.iitb.ac.in/          

IES Management College and Research Center

This Institute was set up in 1998. It aims at developing business leaders. It delivers a unique learning system with an ultra-modern infrastructure. 

Courses

 IES offers full-time courses in the Masters in Management Studies (MMS), Post Graduate Diploma in Management (PGDM) and Post Graduate Diploma in Management (Pharmaceutical Management). For PGDM in Pharmaceutical Management, candidates who have passed B. Pharm, B. Sc, and B.E. are eligible to apply.

Placements

The recruiters associated with them are ABP News, Aditya Birla Capital, Adobe India, etc. The highest package offered was Rs. 16 LPA and the average package was Rs. 6.7 LPA.  

The Institute’s official website: https://www.ies.edu/management/index.php

Atharva Institute of Management Studies

The Institute was established in 2003. AIMS are identified by the government of Maharashtra and affiliated to the University of Mumbai and accredited with B+ grade by NAAC in the year 2019.

Courses

AIMS offers a full-time PGDM program of two-year duration in Marketing, Finance, Human resources. Admissions are made through the entrance exam score like CAT/ XAT/MAT are accepted.

Placements 

The highest package offered was Rs.12 LPA. Companies like ICICI Bank, ITC Limited, naukri.com, phone pay, Godrej, etc. visit the campus.

The Institute’s official website: http://www.atharvaims.edu.in/index.php          

Sir M. Visvesvaraya Institute of Management Studies and Research (SVIMS), Mumbai

The Institute was founded in 2009. It is recognized by AICTE and has various international programs for the students. The college gives opportunities to students as Full-Time Interns at companies gaining valuable job experience, applying the concepts they learn in the classroom, earning a regular income while at the same time completing their full-time PGDM and it also has distance learning courses.

Courses

The college offers courses like (PGDM) Post Graduate Programme in Diploma for Human Resource Management, Finance, Marketing, Operations. Admissions are made through entrance exam scores like CAT/CET/CMAT/ATMA.

Placements 

It offers internship opportunities while they learn. The highest package offered was Rs.12 LPA, and the average was Rs.4.5 LPA in 2020. Companies like HDFC Bank, ICICI Bank IDFC, AXIS Bank, etc. come forward for recruitment. 

The Institute’s official website: https://svims.com/