Top 20 MBA Colleges In Mumbai 2022 (Fees & Placements)

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Top 20 MBA Colleges in Mumbai

Top 20 MBA Colleges in Mumbai 2022 with their fees and placements

Mumbai is one of the most popular cities for the top institutes that are providing the best MBA education in India and offers various MBA programs with the highest placements. Almost 186 MBA colleges are there in Mumbai. It is very essential to know which are the best colleges among those in Mumbai. The following is the list of the top 20 MBA colleges in Mumbai along with their establishment year, exams accepted, average placement/CTC, and the course fees in detail. The colleges in this list are accepting various MBA entrance exams such as CAT, MAH CET, XAT, TISSNET, XAT, GMAT, SNAP, NMAT, etc. Now let us have a look at the list of top MBA colleges in Mumbai.

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1. SPJIMR, Mumbai

Established in 1981
Exam for Admission: CAT, GMAT
Cutoff: 85 percentile (for Profile-based selection)
Average Placement/CTC: Rs. 35.05 lakh per annum
Course Fees: Rs. 19 lakhs

2. JBIMS, Mumbai

Established in 1965
Exam for Admission: MAH-CET, CMAT, CAT
MAH-CET Cutoff: 99.9+ percentile
Average Placement/CTC: Rs. 23.16 lakh per annum
Course Fees: Rs. 6 lakhs

3. TISS, Mumbai

Established in 1936
Exam for Admission: TISSNET
Cutoff: 74 marks (out of 100)
Average Placement/CTC: Rs. 20+ lakh per annum
Course Fees: Rs. 2+ lakhs (Incl Hostel Fees)

4. NITIE, Mumbai

Established in 1963
Exam for Admission: CAT
Cutoff: 97+ percentile
Average Placement/CTC: Rs. 21.82 lakh per annum
Course Fees: Rs. 14.63 Lakhs

5. SJMSOM (IIT), Mumbai

Established in 1995
Exam for Admission: CAT
Minimum CAT percentile: 90+
Average Placement/CTC: Rs. 29.8 lakh per annum
Course Fees: Around 10 lakhs

6. SIMSREE, Mumbai

Established in 1983
Exam for Admission: MAH-CET, CAT, CMAT
MAH-CET Cutoff: 99.9
Average Placement/CTC: Rs. 12+ lakh per annum
Course Fees: 1.5 Lakh

7. NMIMS, Mumbai

Established in 1981
Exam for Admission: NMAT
Cutoff: 210+ marks
Average Placement/CTC: Rs. 23.07 lakh per annum
Course Fees: Rs. 20 lakhs

8. KJ SOMAIYA, Mumbai

Established in 1981
Exam for Admission: CAT, XAT, CMAT, GMAT, NMAT
Cutoff: 80-85+ percentile
Average Placement/CTC: Rs. 10.95 lakh per annum
Course Fees: 16 Lakh

9. Prin. L. N. Welingkar, Mumbai

Established in 1977
Exam for Admission: CAT, XAT, CMAT, ATMA, GMAT
Cutoff: 80+ percentile
Average Placement/CTC: Rs. 9.2 lakh per annum
Course Fees: 13 Lakh

10. N L Dalmia, Mumbai

Established in 1995
Exam for Admission: CAT, XAT, CMAT, MAH CET, GMAT, MAT, ATMA
Cutoff: 80+ percentile
Average Placement/CTC: Rs. 8.51 lakh per annum
Course Fees: 13.2 Lakh

11. MET Institute of Management, Mumbai

Established in 1989
Exam for Admission: CMAT, XAT, CAT, ATMA, GMAT, MAT, MAH CET
Cutoff: 98+ percentile (MAH CET)
Average Placement/CTC: Rs. 8.51 lakh per annum
Course Fees: 9.9 Lakh

12. SIES, Mumbai

Established in 1995
Exam for Admission: CAT, MAT, XAT, CMAT, ATMA, MAH CET
Cutoff: 99.64 percentile (MAH CET)
Average Placement/CTC: Rs. 7.2 lakh per annum
Course Fees: 9 Lakhs

13. Chetana’s R.K. Institute, Mumbai

Established in 1996
Exam for Admission: MAH CET, CAT, MAT, XAT, ATMA, CMAT
Cutoff: 99.47 percentile
Average Placement/CTC: Rs. 5.54 lakh per annum
Course Fees: 4.5 Lakhs

14. Lala Lajpatrai Institute of Management, Mumbai

Established in 1995
Exam for Admission: CMAT/XMAT/SNAP/CET/NMAT/GMAT/ATMA
Cutoff: 98.28 percentile
Average Placement/CTC: Rs.  4.50 lakh per annum
Course Fees: 3.26 Lakhs

15. IES MCRC, Mumbai

Established in 1998
Exam for Admission: CAT, CMAT, ATMA, GMAT, XAT, MAT, MAH CET
Cutoff: 98.1 percentile (MAH CET)
Average Placement/CTC: Rs. 6.2 lakh per annum
Course Fees: 9 Lakhs

16. Kohinoor Business School, Mumbai

Established in 2010
Exam for Admission: MAH-CET, CMAT, CAT
Cutoff: 81.79 percentile (MAH CET)
Average Placement/CTC: Rs. 3.5 lakh per annum
Course Fees: 5.01 Lakhs

17. IBS, Mumbai

Established in 1995
Exam for Admission: IBSAT, CAT, NMAT, GMAT, SNAP, XAT, MAT, CMAT, MAH CET
Cutoff: 70+ percentile
Average Placement/CTC: Rs. 7.14 lakh per annum
Course Fees: 9.09 Lakhs

18. Rizvi Institute, Mumbai

Established in 1994
Exam for Admission: MAH CET, CAT, MAT, ATMA
Cutoff: 97.75 percentile (MAH CET)
Average Placement/CTC: Rs. 4.75 lakh per annum
Course Fees: 2.15 Lakhs

19. Thakur Institute, Mumbai

Established in 2002
Exam for Admission: MAH CET, CAT, CMAT
Cutoff: 97.81 percentile (MAH CET)
Average Placement/CTC: N/A
Course Fees: 5.5 Lakhs

20. BVIMSR, Navi Mumbai

Established in 1984
Exam for Admission: CAT, MAH CET
Cutoff: 94.8 percentile (MAH CET)
Average Placement/CTC: 5.5 Lakh per annum
Course Fees: 3.68 Lakhs
These are some of the top MBA colleges in Mumbai. Apart from that also some of the top colleges in Maharashtra including IIM Nagpur, SIBM Pune, SCMHRD Pune, IMT Nagpur etc are the top B-schools in Maharashtra.

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