Looking for the Best College? Check Out the Most Popular MBA Colleges in Mumbai

10 BEST MBA Colleges in Mumbai Accepting NMAT 2026 (List)

The best MBA College in Mumbai accepting CAT 2026 is NMIMS School of Business Management, Mumbai.

Key Highlights of Best MBA Colleges in Mumbai Accepting nmat 2026

Find below the key highlights related to best MBA colleges in Mumbai that accept nmat scores:

Particulars Details
No. of Colleges The Total No.of Colleges in Mumbai is 135+
Total MBA/PGDM Fees ₹13 - 25 Lakhs
Top MBA Specializations Finance, Sales & Marketing, Human Resource, Business Analytics, etc.
Accepted Management Entrance Exams CAT, NMAT, XAT, SNAP, etc.
  • Top MBA colleges in Mumbai accepting nmat are
  • The average annual fees for MBA/PGDM programs at top MBA colleges in Mumbai range from INR 50,000 to INR 30,00,000, depending on the institution.
  • The average packages for MBA/PGDM programs at top MBA colleges in Mumbai range from INR 50,000 to INR 30,00,000 depending on the institution.

List of 5 Best MBA Colleges in Mumbai Accepting nmat

In Mumbai there are many MBA colleges who accept nmat. Here, we have curated the list of the Best B-schools accepting nmat which you can aim for, if you are looking for top MBA colleges in Mumbai.

Refer to the table below to know the best MBA fees in Mumbai, with exams accepted and average placement package:

College Total Tuition Fee Entrance Exams Accepted Average/Median Package
NMIMS School of Business Management, Mumbai ₹13 - 25 Lakhs NMAT ₹25.13 Lakhs Per Annum
S.P. Jain Institute of Management and Research, Mumbai ₹9.5 - 25 Lakhs CAT, ₹24.89 - 30.46 Lakhs Per Annum
NMIMS, Mumbai ₹25 Lakhs NMAT ₹19.2 Lakhs Per Annum
K J Somaiya Institute of Management ₹17.29 Lakhs MAH CET, CAT, CMAT, XAT, NMAT, ₹10.25 Lakhs Per Annum
Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai ₹94.4 Thousand - 14 Lakhs CAT, CMAT, XAT, ATMA, ₹9 Lakhs Per Annum
N.L. Dalmia Institute of Management Studies and Research ₹14.7 Lakhs MAH CET, CAT, CMAT, MAT, XAT, ATMA, MHT CET ₹8 Lakhs Per Annum
SIES College of Management Studies ₹5.2 - 7 Lakhs CAT, CMAT, MAT, XAT, ATMA, ₹7.5 Lakhs Per Annum
MET, Institute of Management ₹3.88 Lakhs MAH CET, CAT, CMAT, MAT, XAT, ATMA, 3.1
Universal AI University ₹8.58 - 41.33 Lakhs MAH CET, CAT, CMAT, GMAT, CBSE 12th, ISC, Maharashtra HSC, UGAT, SAT India, ₹8 - 10.77 Lakhs Per Annum
Chetana`s Institute of Management and Research ₹7.15 - 7.85 Lakhs MAH CET, CAT, CMAT, MAT, XAT, ATMA, ₹6.5 Lakhs Per Annum
NMIMS School of Business Management, Mumbai Campus Image

NMIMS School of Business Management, Mumbai

NMIMS School of Business Management, Mumbai was founded in 1981. NMIMS School of Business Management, Mumbai is one of the most reputed MBA colleges in Mumbai. It is consistently ranked among the top 10 premier B-schools in the country.

The average package offered is and the fees for MBA is

NMIMS School of Business Management, Mumbai accepts various MBA entrance exams like NMAT.

  • Fees: ₹13 - 25 Lakhs
  • Average Package: ₹25.13 Lakhs Per Annum
  • Highest Package: ₹67.7 Lakhs Per Annum
  • Ownership type: Private
S.P. Jain Institute of Management and Research, Mumbai Campus Image

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

S.P. Jain Institute of Management and Research, Mumbai was founded in 1981. S.P. Jain Institute of Management and Research, Mumbai is one of the most reputed MBA colleges in Mumbai. It is consistently ranked among the top 10 premier B-schools in the country.

The average package offered is and the fees for MBA is

S.P. Jain Institute of Management and Research, Mumbai accepts various MBA entrance exams like CAT, .

  • Fees: ₹9.5 - 25 Lakhs
  • Average Package: ₹24.89 - 30.46 Lakhs Per Annum
  • Highest Package: INR 67.50 Lakhs Per Annum
  • Ownership type: Private
NMIMS, Mumbai Campus Image

NMIMS, Mumbai

NMIMS, Mumbai was founded in . NMIMS, Mumbai is one of the most reputed MBA colleges in Mumbai. It is consistently ranked among the top 10 premier B-schools in the country.

The average package offered is and the fees for MBA is

NMIMS, Mumbai accepts various MBA entrance exams like NMAT .

  • Fees: ₹25 Lakhs
  • Average Package: ₹19.2 Lakhs Per Annum
  • Highest Package: INR 67.80 Lakhs Per Annum
  • Ownership type: Private
K J Somaiya Institute of Management Campus Image

K J Somaiya Institute of Management

K J Somaiya Institute of Management was founded in 1981. K J Somaiya Institute of Management is one of the most reputed MBA colleges in Mumbai. It is consistently ranked among the top 10 premier B-schools in the country.

The average package offered is and the fees for MBA is

K J Somaiya Institute of Management accepts various MBA entrance exams like MAH CET, CAT, CMAT, XAT, NMAT, .

  • Fees: ₹17.29 Lakhs
  • Average Package: ₹10.25 Lakhs Per Annum
  • Highest Package: INR 25.96 Lakhs Per Annum
  • Ownership type: Private
Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai Campus Image

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

Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai was founded in 1977. Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai is one of the most reputed MBA colleges in Mumbai. It is consistently ranked among the top 10 premier B-schools in the country.

The average package offered is and the fees for MBA is

Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai accepts various MBA entrance exams like CAT, CMAT, XAT, ATMA, .

  • Fees: ₹94.4 Thousand - 14 Lakhs
  • Average Package: ₹9 Lakhs Per Annum
  • Highest Package: INR 40 Lakhs Per Annum
  • Ownership type: Private
N.L. Dalmia Institute of Management Studies and Research Campus Image

N.L. Dalmia Institute of Management Studies and Research

N.L. Dalmia Institute of Management Studies and Research was founded in 1995. N.L. Dalmia Institute of Management Studies and Research is one of the most reputed MBA colleges in Mumbai. It is consistently ranked among the top 10 premier B-schools in the country.

The average package offered is and the fees for MBA is

N.L. Dalmia Institute of Management Studies and Research accepts various MBA entrance exams like MAH CET, CAT, CMAT, MAT, XAT, ATMA, MHT CET .

  • Fees: ₹14.7 Lakhs
  • Average Package: ₹8 Lakhs Per Annum
  • Highest Package: INR 25.50 Lakhs Per Annum
  • Ownership type: Private
SIES College of Management Studies Campus Image

SIES College of Management Studies

SIES College of Management Studies was founded in 1995. SIES College of Management Studies is one of the most reputed MBA colleges in Mumbai. It is consistently ranked among the top 10 premier B-schools in the country.

The average package offered is and the fees for MBA is

SIES College of Management Studies accepts various MBA entrance exams like CAT, CMAT, MAT, XAT, ATMA, .

  • Fees: ₹5.2 - 7 Lakhs
  • Average Package: ₹7.5 Lakhs Per Annum
  • Highest Package:
  • Ownership type: Private
MET, Institute of Management Campus Image

MET, Institute of Management

MET, Institute of Management was founded in . MET, Institute of Management is one of the most reputed MBA colleges in Mumbai. It is consistently ranked among the top 10 premier B-schools in the country.

The average package offered is and the fees for MBA is

MET, Institute of Management accepts various MBA entrance exams like MAH CET, CAT, CMAT, MAT, XAT, ATMA, .

  • Fees: ₹3.88 Lakhs
  • Average Package: 3.1
  • Highest Package: INR 15.50 Lakhs Per Annum
  • Ownership type: Private
Universal AI University Campus Image

Universal AI University

Universal AI University was founded in 2009. Universal AI University is one of the most reputed MBA colleges in Mumbai. It is consistently ranked among the top 10 premier B-schools in the country.

The average package offered is and the fees for MBA is

Universal AI University accepts various MBA entrance exams like MAH CET, CAT, CMAT, GMAT, CBSE 12th, ISC, Maharashtra HSC, UGAT, SAT India, .

  • Fees: ₹8.58 - 41.33 Lakhs
  • Average Package: ₹8 - 10.77 Lakhs Per Annum
  • Highest Package: INR 22 Lakhs Per Annum
  • Ownership type: Private
Chetana`s Institute of Management and Research Campus Image

Chetana`s Institute of Management and Research

Chetana`s Institute of Management and Research was founded in 1996. Chetana`s Institute of Management and Research is one of the most reputed MBA colleges in Mumbai. It is consistently ranked among the top 10 premier B-schools in the country.

The average package offered is and the fees for MBA is

Chetana`s Institute of Management and Research accepts various MBA entrance exams like MAH CET, CAT, CMAT, MAT, XAT, ATMA, .

  • Fees: ₹7.15 - 7.85 Lakhs
  • Average Package: ₹6.5 Lakhs Per Annum
  • Highest Package:
  • Ownership type: Private

Comparison of Top 5 Best MBA in Colleges in Mumbai

Top MBA College Name Duration of the Program NIRF Ranking Total MBA Program Fees (INR) Average Salary after MBA (INR)
NMIMS School of Business Management, Mumbai 2-Year #21 NIRF ₹13 - 25 Lakhs ₹25.13 Lakhs Per Annum
S.P. Jain Institute of Management and Research, Mumbai 2-Year #20 NIRF ₹9.5 - 25 Lakhs ₹24.89 - 30.46 Lakhs Per Annum
NMIMS, Mumbai 2-Year ₹25 Lakhs ₹19.2 Lakhs Per Annum
K J Somaiya Institute of Management 2-Year #63 NIRF ₹17.29 Lakhs ₹10.25 Lakhs Per Annum
Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai 2-Year #84 NIRF ₹94.4 Thousand - 14 Lakhs ₹9 Lakhs Per Annum

This article will discuss about more Management institutes offers in Mumbai accepting or MBA in Colleges in Mumbai

  • List of MBA in Colleges in Mumbai
  • What is the Fee for Top MBA colleges in Mumbai?
  • What Are the Placement Highlights of MBA in Colleges in Mumbai?
  • Other Popular MBA Colleges in Mumbai
  • Find nmat Coaching Institute in Mumbai
Read More

Top Private MBA Colleges in Mumbai accepting NMAT with Low Fees

Best Government MBA Colleges in Mumbai Accepting NMAT

Top Mba Colleges in Mumbai By Fees

  • 50,000 - 5 Lakh
  • 5 Lakh - 8 Lakh
  • 8 Lakh - 10 Lakh
  • 10 Lakh - 15 lakh
  • Above 15 Lakh

    NO COLLEGE AVAILABLE!

Top Mba Colleges in Mumbai via Entrance Exams

  • MAH-CET
  • CAT
  • NMAT
  • XAT
  • CMAT

Best MBA Colleges in Pune

Best MBA Colleges in Mumbai

Choose the Best College From 10000 + Colleges in India

Check Detailed Fees

Get real Time Updates of Colleges

Student Image

Register Now To Apply

  • Get 24*7 Assistance from Certified Experts
  • 100% Placement Assistance
We don't spam
India Flag Icon +91
We don't spam
Your personal information is secure with us
Thank You

Thanks for your interest. We will contact you shortly with one of our consultants to guide you through the process.

Join WhatsApp Group Join Telegram Channel
AI is thinking...