MBA Colleges in Mumbai offering PGDM: The Complete Guide

Mumbai often referred to as the "City of Dreams" or the "Finance Capital of India" is home to more than 260 top MBA colleges in India. Around 57 top b schools in Mumbai are approved by AICTE and 17 are approved by UGC. 

  • There are 262 MBA colleges in Mumbai, of which 106 are private and 11 are MBA government colleges in Mumbai.
  • SJMSON, SPJIMR, IIT Bombay, and SBM NMIMS are some of the best colleges for MBA in Mumbai.
  • MBA admissions into the best MBA Colleges in Mumbai are mostly done through an entrance exam called CAT. However many colleges also accept other management entrance exam scores like MAT, XAT, NMAT, CMAT, ATMA, MAH CET, and even GMAT and GRE.
  • Welingkar, Vivekanand Business School, NLDIMSR, SIESSBS are some of the Best  Private B-Schools in Mumbai 
  • IHM Mumbai, Bharati Vidyapeeth College of Hotel and Tourism Management Studies - [BVCHTMS] Navi Mumbai, and ITM Institute of Hotel Management - [ITM-IHM] Mumbai are some of the Best Hotel Management Colleges in Mumbai.
  • The average fees for pursuing MBA/ PGDM courses from the top MBA colleges in Mumbai can range between INR 50,000 to 30 Lakhs per year depending upon the colleges.
  • Some of the top MBA colleges in Mumbai with fees less than INR 60,000 include K. C. College of Management Studies - [KCCMS] Mumbai, ISMS Mumbai, Mumbai University, and KJSCCETR Mumbai
  • The top pgdm colleges in India offer lucrative placement opportunities with high packages and good ROI. The average CTC is offered at INR 18-30 LPA.
  • Accenture, Amazon, Axis Bank, HCL, HDFC, etc. are some of the top-notch companies that participate in the placement drives offered by the top MBA colleges in Mumbai.

Top 10 MBA Colleges in Mumbai

  • Mumbai is home to around 126 MBA colleges. Below are the top 10 MBA colleges in Mumbai with MBA/PDM seat intake.


  Top 10 MBA/PGDM Colleges in Mumbai

  IIT Bombay, Mumbai

  S.P. Jain Institute of Management and Research, Mumbai

  NMIMS School of Business Management, Mumbai

  Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai

  K J Somaiya Institute of Management, Mumbai

  Vivekanand Business School (VBS), Mumbai

  Universal Business School

  N.L. Dalmia Institute of Management Studies and Research, Mumbai


- Hetaal Palan