Best Management colleges in Mumbai 2026
273 Management colleges in Mumbai charge between ₹3,000 and ₹84.52 L in the first year, and Institute of Hotel Management Catering Technology and Applied Nutrition - [IHM] is the highest rated of them. Every figure below is the college's own published number.
Management colleges in Mumbai — at a glance
| Management colleges | 273 |
|---|---|
| Fee range (first year) | ₹3,000 – ₹84.52 L |
| Government / Private | 39 / 234 |
| NIRF-ranked | 17 of 273 |
| Highest package reported | ₹1.64 Cr |
| Top rated | Institute of Hotel Management Catering Technology and Applied Nutrition - [IHM] |
Top 25 Management colleges in Mumbai
-
1
Institute of Hotel Management Catering Technology and Applied Nutrition - [IHM]
Mumbai, Maharashtra · Government · est. 1954
10.0 Fees from ₹4.87 L Highest ₹6.5 L 9 courses -
2
Narsee Monjee College of Commerce and Economics
Mumbai, Maharashtra · Government · est. 1964
10.0 Fees from ₹1.67 L 21 courses -
3
Maharashtra National Law University Mumbai - [MNLU]
Mumbai, Maharashtra · Government · est. 2014
10.0 Fees from ₹2.35 L NIRF #31 16 courses -
4
Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM]
Mumbai, Maharashtra · Government · est. 1995
10.0 Fees from ₹16.43 L NIRF #10 17 courses -
5
Mithibai College of Arts
Mumbai, Maharashtra · Government · est. 1961
9.9 Fees from ₹90,000 59 courses -
6
St. Xavier's College
Mumbai, Maharashtra · Government · est. 1960
9.9 Fees from ₹3.6 L NIRF #26 56 courses -
7
SP Jain School of Global Management -[SPJSGM]
Mumbai, Maharashtra · Government · est. 2004
9.9 Fees from ₹84.52 L NIRF #7 12 courses -
8
BITS School of Management - [BITSoM]
Mumbai, Maharashtra · Government · est. 2021
9.9 Fees from ₹28.55 L Highest ₹32.5 L 4 courses -
9
Kishinchand Chellaram College - [KC College]
Mumbai, Maharashtra · Government · est. 1954
9.9 Fees from ₹29,460 63 courses -
10
HR College of Commerce and Economics
Mumbai, Maharashtra · Government · est. 1960
9.9 Fees from ₹3 L Highest ₹10 L 13 courses -
11
KJ Somaiya Institute of Management
Mumbai, Maharashtra · Government · est. 1981
9.9 Fees from ₹29.29 L NIRF #65 Highest ₹27.25 L 16 courses -
12
Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)
Mumbai, Maharashtra · Government · est. 1983
9.9 Fees from ₹1.38 L Highest ₹22.5 L 5 courses -
13
Ramnarain Ruia Autonomous College
Mumbai, Maharashtra · Government · est. 1937
9.8 Fees from ₹1.97 L NIRF #201300 88 courses -
14
SDA Bocconi Asia Center
Mumbai, Maharashtra · Government · est. 2012
9.8 Fees from ₹20.75 L Highest ₹36.5 L 2 courses -
15
IIM Indore [Mumbai Campus]
Mumbai, Maharashtra · Government · est. 2012
9.8 Fees from ₹17.6 L 1 courses -
16
S.P Mandali's Prin L.N Welingkar Institute of Management Development & Research (WeSchool)
Mumbai, Maharashtra · Government · est. 1977
9.8 Fees from ₹8.1 L NIRF #75 Highest ₹40 L 54 courses -
17
Amity University
Mumbai, Maharashtra · Government · est. 2014
9.7 Fees from ₹15.28 L NIRF #101 Highest ₹28 L 171 courses -
18
Ramniranjan Jhunjhunwala College - [R.J.C]
Mumbai, Maharashtra · Government · est. 1963
9.7 Fees from ₹1.17 L Highest ₹12.41 L 67 courses -
19
SIES School of Business Studies - [SIESSBS]
Mumbai, Maharashtra · Government · est. 1995
9.7 Fees from ₹9 L Highest ₹17 L 5 courses -
20
Institute of Chemical Technology - [ICT]
Mumbai, Maharashtra · Government · est. 1933
9.7 Fees from ₹3.8 L NIRF #41 Highest ₹9 L 71 courses -
21
ICFAI Business School - [IBS]
Mumbai, Maharashtra · Government · est. 1995
9.7 Fees from ₹9.09 L Highest ₹20 L 1 courses -
22
N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR]
Mumbai, Maharashtra · Government · est. 1995
9.7 Fees from ₹16.75 L NIRF #76 Highest ₹24 L 6 courses -
23
Chetana's R.K. Institute of Management and Research
Mumbai, Maharashtra · Government · est. 1981
9.5 Fees from ₹2.01 L Highest ₹11.15 L 6 courses -
24
MET Institute of Management - [MET IOM]
Mumbai, Maharashtra · Government · est. 1989
9.5 Fees from ₹4.41 L Highest ₹20 L 2 courses -
25
Rizvi Institute of Management Studies and Research - [RIMSR]
Mumbai, Maharashtra · Government · est. 1994
9.5 Fees from ₹3.7 L Highest ₹7.08 L 1 courses
Showing 25 of 273. Ordered by student rating; colleges that publish a fee appear first.
See all 273 →How to choose between them
Start with the fee you can commit to. Across Mumbai the published first-year fee runs from ₹3,000 to ₹84.52 L, so the shortlist changes completely depending on the band you pick.
Government or private. 39 of these are government-run and 234 are private. Government colleges are usually cheaper and admit on entrance rank; private colleges are more likely to have their own admission route.
Check the ranking applies to your course. 17 of these hold an NIRF rank, but NIRF is scored per category — a rank in one category says nothing about another.
Then read the placement tab, not the headline package. The highest package is one student; the percentage placed and the recruiters listed tell you far more.
Frequently asked questions
How many Management colleges are there in Mumbai?
There are 273 Management colleges listed in Mumbai on this page, of which 39 are government and 234 are private.
What is the fee for Management colleges in Mumbai?
Published first-year fees range from ₹3,000 to ₹84.52 L. Each college's own figure is in the table above.
Which is the best college in Mumbai for Management?
Institute of Hotel Management Catering Technology and Applied Nutrition - [IHM] has the highest student rating among the Management colleges listed here, in Mumbai.
What is the highest package from Management colleges in Mumbai?
The highest package reported by a college on this page is ₹1.64 Cr. Packages vary by course and year.