Top MBA Colleges in Mumbai 2023

MBA Colleges in Mumbai

Top Tier-1 MBA Colleges in Mumbai

Mumbai is known as the “Financial Capital of India”. Also, MBA Colleges in Mumbai are renowned for their placements, academic rigour, opportunities, culture, etc. Some of the popular MBA colleges in the city are SPJIMR, JBIMS, TISS, NMIMS, SJMSOM, and IIM -Mumbai (Formerly known as NITIE). All the colleges mentioned above are quite popular, each with its distinguishing landmark.The following list also includes all the MBA colleges in Mumbai with CAT. Also, it has one of the top 10 government colleges for MBA. Only the top tier 1 colleges are mentioned. All tier-1 colleges are popularly known for their Alumni base, Campus culture, Academic Curriculum, and Exposure. 

Institute Entrance Exam Cut-Off Required Percentile for Conversion Fees  Average Package Highest Placement 
SPJIMR CAT / GMAT 85 % ile 99 % ile 20 Lakhs 33 Lakhs 78 Lakhs
JBIMS CAT / CMAT / MAH-CET 96 % ile 98 % ile 8 Lakhs 28 Lakhs 44 Lakhs
TISS CUET PG 2024 1.9 Lakhs 28 Lakhs 49 Lakhs
IIM – Mumbai CAT 90 % ile 98 % ile 20 Lakhs 28 Lakhs 78 Lakhs
SJMSOM (IIT) CAT 90 % ile 94 % ile 9 Lakhs 29 Lakhs 54 Lakhs

245 (Core)

237 (HR)

260 (Core)

24 Lakhs 26 Lakhs


68 Lakhs

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What are some of the top 10 government MBA colleges in Mumbai?

  • JBIMS and IIM Mumbai are some of the top government colleges that rank below 10 in Mumbai. To get into these colleges, aspirants must appear for CAT 2023. Both colleges are highly competitive, and students must prepare accordingly.

Which is one of the top MBA Colleges in Mumbai that accept CMAT Score?

  • Jamnalal Bajaj Institute of Management Studies is one of the top MBA colleges that accepts CMAT scores. The CMAT Cut-Off for JBIMS is 99.9 % ile.

The above article only highlights the top MBA colleges in Mumbai. Other good colleges have decent placement track records besides the colleges mentioned above. Some include KJ Somaiya, SIMSREE, Wellingkar, Sydenham, etc. To also find detailed ideas, check out our other blog.

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