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32 PGDM colleges in Mumbai 2026

There are 32 PGDM colleges in Mumbai, Maharashtra.

7 are government institutions and 25 are private.

Annual fees run from ₹30,000 to ₹8.38 L (median ₹4.76 L), based on published figures from 11 of the 32 colleges.

4 appear in the NIRF national rankings.

Compiled from listing data on . Fee figures cover 11 of 32 colleges.

PGDM in Mumbai at a glance

Colleges listed
32
Government / private
7 / 25
Annual fees
₹30,000 – ₹8.38 L
Median annual fee
₹4.76 L
Course fees based on
11 of 32 colleges
NIRF-ranked
4 of 32
Average student rating
4.1 / 5 from 26 rated colleges
Highest package reported
₹40 L
Total seats (where published)
276 across 6 colleges

Narrow by type

Which PGDM college in Mumbai is best?

Each pick names the figure it was chosen on. Categories with no published data are left out.

Best rated by students
National Institute of Management - [NIM]
5.0 out of 5
Best nationally ranked
Mumbai University - [MU]
NIRF rank 12

PGDM fees in Mumbai

The 11 colleges here that publish a fee for this course. An empty cell means the college has not published that figure.

Published fees for PGDM colleges in Mumbai
College Annual fee Total fee Seats
S.P Mandali's Prin L.N Welingkar Institute of Management Development & Research (WeSchool) Post Graduate Diploma in Management [PGDM] ₹7.54 L ₹15.08 L 60
SIES School of Business Studies - [SIESSBS] Post Graduate Diploma in Management [PGDM] ₹5 L ₹10 L 30
N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR] Post Graduate Diploma in Management [PGDM] ₹8.38 L ₹16.75 L 60
Vivekanand Business School - [VBS] Post Graduate Diploma in Management [PGDM] ₹4.76 L ₹9.51 L 36
Mumbai University - [MU] Post Graduate Diploma in Management [PGDM] ₹30,000 60
IES's Management College and Research Centre - [IES MCRC] Post Graduate Diploma in Management [PGDM] ₹4.56 L ₹9.12 L 30
MET Institute of Post Graduate Diploma in Management Post Graduate Diploma in Management [PGDM] ₹6.03 L ₹12.06 L
K. C. College of Management Studies - [KCCMS] Post Graduate Diploma in Management [PGDM] ₹45,000
JS Kothari Business School - [JSKBS] Post Graduate Diploma in Management [PGDM] ₹6.38 L ₹12.75 L
Bunt's Sangha Uma Krishna Shetty Institute Of Management Studies & Research - [UKSIMSR] Post Graduate Diploma in Management [PGDM] ₹2.75 L ₹5.5 L
Vidyalankar School of Business - [VSB] Post Graduate Diploma in Management [PGDM] ₹3.25 L ₹6.5 L

All PGDM colleges in Mumbai

Ordered by rating. Colleges that publish no rating appear last.

  1. 1

    S.P Mandali's Prin L.N Welingkar Institute of Management Development & Research (WeSchool)

    Mumbai Government NIRF #75 Est. 1977
    Student rating
    4.0/5
    Fees from
    ₹7.54 L/yr
    Highest package
    ₹40 L
  2. 2

    SIES School of Business Studies - [SIESSBS]

    Mumbai Government Est. 1995
    Student rating
    3.8/5
    Fees from
    ₹5 L/yr
    Highest package
    ₹17 L
  3. 3

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

    Mumbai Government NIRF #76 Est. 1995
    Student rating
    4.1/5
    Fees from
    ₹8.38 L/yr
    Highest package
    ₹24 L
  4. 4

    Vivekanand Business School - [VBS]

    Mumbai Government Est. 1962
    Student rating
    4.0/5
    Fees from
    ₹4.76 L/yr
    Highest package
    ₹21 L
  5. 5

    Mumbai University - [MU]

    Mumbai Government NIRF #12 Est. 1857
    Student rating
    3.8/5
    Fees from
    ₹30,000/yr
    Highest package
    ₹5.5 L
  6. 6

    IES's Management College and Research Centre - [IES MCRC]

    Mumbai Government Est. 1998
    Student rating
    3.8/5
    Fees from
    ₹4.56 L/yr
    Highest package
    ₹10 L
  7. 7

    Chetana's Institute of Management and Research - [CIMR]

    Mumbai Government Est. 1996
    Student rating
    4.0/5
    Highest package
    ₹11.15 L
  8. 8

    Thakur Institute of Management Studies and Research - [TIMSR]

    Mumbai Private Est. 2002
    Student rating
    3.9/5
    Highest package
    ₹15 L
  9. 9

    St. Francis Institute of Management and Research - [SFIMAR]

    Mumbai Private Est. 2002
    Student rating
    4.3/5
    Highest package
    ₹10 L
  10. 10

    Atharva Institute of Management Studies - [AIMS]

    Mumbai Private Est. 2003
    Student rating
    4.1/5
    Highest package
    ₹16.5 L
  11. 11

    Kohinoor Business School - [KBS]

    Mumbai Private Est. 2010
    Student rating
    4.1/5
    Highest package
    ₹10.25 L
  12. 12

    TISS Tata Institute of Social Sciences

    Mumbai Private NIRF #101 Est. 1936
    Student rating
    4.0/5
  13. 13

    National Institute of Securities Market - [NISM]

    Mumbai Private Est. 2006
    Student rating
    4.2/5
    Highest package
    ₹16.32 L
  14. 14

    MET Institute of Post Graduate Diploma in Management

    Mumbai Private Est. 2007
    Fees from
    ₹6.03 L/yr
    Highest package
    ₹20 L
  15. 15

    Guru Nanak Institute of Management Studies - [GNIMS]

    Mumbai Private Est. 2002
    Student rating
    3.5/5
    Highest package
    ₹10 L
  16. 16
  17. 17

    Mumbai Educational Trust - [MET]

    Mumbai Private Est. 1989
    Student rating
    4.2/5
    Highest package
    ₹20 L
  18. 18
  19. 19

    Thadomal Shahani Centre For Management - [TSCFM]

    Mumbai Private Est. 2011
    Student rating
    3.8/5
    Highest package
    ₹25 L
  20. 20

    K. C. College of Management Studies - [KCCMS]

    Mumbai Private Est. 1960
    Student rating
    3.9/5
    Fees from
    ₹45,000/yr
  21. 21

    Rustomjee Business School - [RBS]

    Mumbai Private Est. 2008
    Student rating
    4.4/5
  22. 22

    ISMT Business School - [ISMT BS]

    Mumbai Private Est. 2009
    Student rating
    3.1/5
  23. 23
  24. 24

    JS Kothari Business School - [JSKBS]

    Mumbai Private Est. 1884
    Fees from
    ₹6.38 L/yr
  25. 25
  26. 26

    Vidyalankar School of Business - [VSB]

    Mumbai Private Est. 1960
    Student rating
    4.8/5
    Fees from
    ₹3.25 L/yr
  27. 27
  28. 28
  29. 29
  30. 30

Showing the top 30 of 32. See all colleges in Mumbai

Entrance exams for PGDM 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 PGDM colleges in Mumbai.

There are 32 PGDM colleges listed in Mumbai, of which 7 are government and 25 are private.

Published annual fees range from ₹30,000 to ₹8.38 L, with a median of ₹4.76 L. That is based on the 11 colleges out of 32 that publish a fee; each college's own figure is in the table on this page.

S.P Mandali's Prin L.N Welingkar Institute of Management Development & Research (WeSchool) ranks first on this page, with a student rating of 4.0 out of 5. The order is by rating, and colleges without published data appear last.

Yes — 7 of the 32 PGDM colleges listed here are government institutions.

Colleges on this page most commonly accept Common Admission Test, Common Management Admission Test, Xavier Aptitude Test, Management Aptitude Test, Maharashtra MBA CET, AIMS Test for Management Admissions.

The highest package reported by a college on this page is ₹40 L, from 16 colleges that publish placement figures.

PGDM colleges in other cities

Other courses in Mumbai

Pages related to what you are reading, built from the same college data.