42 MBA colleges in Mumbai 2026
There are 42 MBA colleges in Mumbai, Maharashtra.
9 are government institutions and 33 are private.
Annual fees run from ₹22,450 to ₹14.23 L (median ₹1.7 L), based on published figures from 11 of the 42 colleges.
7 appear in the NIRF national rankings.
Compiled from listing data on . Fee figures cover 11 of 42 colleges.
MBA in Mumbai at a glance
- Colleges listed
- 42
- Government / private
- 9 / 33
- Annual fees
- ₹22,450 – ₹14.23 L
- Median annual fee
- ₹1.7 L
- Course fees based on
- 11 of 42 colleges
- NIRF-ranked
- 7 of 42
- Average student rating
- 4.1 / 5 from 33 rated colleges
- Highest package reported
- ₹1.64 Cr
- Total seats (where published)
- 370 across 4 colleges
Narrow by type
Which MBA college in Mumbai is best?
Each pick names the figure it was chosen on. Categories with no published data are left out.
MBA fees in Mumbai
The 10 colleges here that publish a fee for this course. An empty cell means the college has not published that figure.
| College | Annual fee | Total fee | Seats |
|---|---|---|---|
| IIM Mumbai - Indian Institute of Management Master of Business Administration [MBA] | ₹10.5 L | ₹21 L | 180 |
| Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University] Master of Business Administration [MBA] | ₹12.5 L | ₹25 L | 120 |
| KJ Somaiya Institute of Management Master of Business Administration [MBA] | ₹14.23 L | ₹28.47 L | 30 |
| Amity University Master of Business Administration [MBA] | ₹5.72 L | ₹11.44 L | — |
| Sahyadri Institute of Management & Research - [SIMR] Master of Business Administration [MBA] | ₹32,500 | ₹65,000 | — |
| Jankidevi Bajaj Institute of Management Studies - [JDBIMS] Master of Business Administration [MBA] | ₹1.7 L | ₹3.4 L | 40 |
| Hult International Business School - [HULT] Master of Business Administration [MBA] (Executive) | ₹75,000 | — | — |
| National Institute of Management - [NIM] Master of Business Administration [MBA] | ₹40,700 | ₹81,400 | — |
| Trade-wings Institute of management - [TIM] Master of Business Administration [MBA] | ₹70,000 | ₹1.4 L | — |
| Indian School of Management & Studies - [ISMS] Master of Business Administration [MBA] | ₹22,450 | ₹44,900 | — |
All MBA colleges in Mumbai
Ordered by rating. Colleges that publish no rating appear last.
-
1
IIM Mumbai - Indian Institute of Management
Mumbai Government NIRF #6 Est. 1963- Student rating
- 4.3/5
- Fees from
- ₹10.5 L/yr
-
2
Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University]
Mumbai Government NIRF #11 Est. 1981- Student rating
- 4.1/5
- Fees from
- ₹12.5 L/yr
-
3
Maharashtra National Law University Mumbai - [MNLU]
Mumbai Government NIRF #31 Est. 2014- Student rating
- 4.3/5
-
4
Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM]
Mumbai Government Est. 1995- Student rating
- 4.4/5
-
5
KJ Somaiya Institute of Management
Mumbai Government Est. 1981- Student rating
- 4.0/5
- Fees from
- ₹14.23 L/yr
- Highest package
- ₹27.25 L
-
6
BITS School of Management - [BITSoM]
Mumbai Government Est. 2021- Student rating
- 4.5/5
- Highest package
- ₹32.5 L
-
7
Amity University
Mumbai Government NIRF #101 Est. 2014- Student rating
- 4.2/5
- Fees from
- ₹5.72 L/yr
- Highest package
- ₹28 L
-
8
Institute of Chemical Technology - [ICT]
Mumbai Government NIRF #6 Est. 1933- Student rating
- 4.3/5
- Highest package
- ₹9 L
-
9
Thakur College of Engineering and Technology - [TCET]
Mumbai Government NIRF #201 Est. 2001- Student rating
- 4.0/5
- Highest package
- ₹21 L
-
10
Kohinoor Business School - [KBS]
Mumbai Private Est. 2010- Student rating
- 4.1/5
- Highest package
- ₹10.25 L
-
11
Shreemati Nathibai Damodar Thackersey Women's University - [SNDT]
Mumbai Private Est. 1916- Student rating
- 3.8/5
-
12
-
13
KES Shroff College of Arts and Commerce
Mumbai Private Est. 1989- Student rating
- 3.9/5
- Highest package
- ₹4.8 L
-
14
Sahyadri Institute of Management & Research - [SIMR]
Mumbai Private Est. 2011- Fees from
- ₹32,500/yr
- Highest package
- ₹5 L
-
15
Parle Tilak Vidyalaya Association’s Institute of Management - [PTVA]
Mumbai Private Est. 1921- Student rating
- 4.4/5
-
16
Jankidevi Bajaj Institute of Management Studies - [JDBIMS]
Mumbai Private Est. 1997- Student rating
- 4.0/5
- Fees from
- ₹1.7 L/yr
- Highest package
- ₹20 L
-
17
-
18
-
19
IIT Bombay - Indian Institute of Technology - [IITB]
Mumbai Private Est. 1958- Student rating
- 4.4/5
- Highest package
- ₹1 Cr
-
20
International College of Financial Planning - [ICOFP]
Mumbai Private Est. 2002- Student rating
- 4.0/5
- Highest package
- ₹6.5 L
-
21
NEST Academy of Event Management & Development- [NAEMD]
Mumbai Private Est. 2003- Student rating
- 3.8/5
-
22
-
23
-
24
-
25
Hult International Business School - [HULT]
Mumbai Private Est. 1964- Student rating
- 4.1/5
- Fees from
- ₹75,000/yr
- Highest package
- ₹1.64 Cr
-
26
-
27
-
28
National Institute of Management - [NIM]
Mumbai Private Est. 1990- Student rating
- 5.0/5
- Fees from
- ₹40,700/yr
-
29
Trade-wings Institute of management - [TIM]
Mumbai Private Est. 1993- Student rating
- 3.8/5
- Fees from
- ₹70,000/yr
-
30
Showing the top 30 of 42. See all colleges in Mumbai
Entrance exams for MBA in Mumbai
The exams most often accepted by colleges on this page.
How to choose between them
- Check the affiliating university and approvals before the fee. A degree's value follows the body that awards it.
- Treat a published fee as the tuition floor. Hostel, exam and one-time charges are usually quoted separately.
- Ask what the placement figure counts. A "highest package" is one student; a median is the useful number, and few colleges publish it.
- Confirm the entrance exam and its dates directly with the college — cycles shift, and a missed form is a lost year.
- Visit if you can. Labs, library and travel time decide three years of your life more than a rank does.
Frequently asked questions
About MBA colleges in Mumbai.
There are 42 MBA colleges listed in Mumbai, of which 9 are government and 33 are private.
Published annual fees range from ₹22,450 to ₹14.23 L, with a median of ₹1.7 L. That is based on the 11 colleges out of 42 that publish a fee; each college's own figure is in the table on this page.
IIM Mumbai - Indian Institute of Management ranks first on this page, with a student rating of 4.3 out of 5. The order is by rating, and colleges without published data appear last.
Yes — 9 of the 42 MBA colleges listed here are government institutions.
Colleges on this page most commonly accept Common Admission Test, Maharashtra MBA CET, Common Management Admission Test, Xavier Aptitude Test, Graduate Management Admission Test.
The highest package reported by a college on this page is ₹1.64 Cr, from 16 colleges that publish placement figures.
