Best Private MBA Colleges in Mumbai
There are 135+ MBA/PGDM Colleges in Mumbai including private and government institutions. Out of these 96 of the colleges are private and 11 of the colleges are government.
Key Highlights of Best MBA/PGDM in Private Colleges in Mumbai
Find below the key highlights related to best MBA/PGDM in Private Colleges in Mumbai.
Particulars | Details |
---|---|
No. of Colleges | The Total No.of Colleges in Mumbai is 135+ |
Total MBA/PGDM Fees | (₹ 1.04 Lakhs - ₹ 25 Lakhs) |
Top MBA/PGDM Specializations | Finance, Sales & Marketing, Human Resource, Business Analytics, etc. |
Accepted Management Entrance Exams | CAT, MAT, XAT, CMAT, MAH CET, etc. |
- Top MBA in Private Colleges in Mumbai accepting MAH CET, are NMIMS School of Business Management, Mumbai, S.P. Jain Institute of Management and Research, Mumbai, NMIMS, Mumbai, K J Somaiya Institute of Management, Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai,
- 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 in Private Colleges in Mumbai
In Mumbai there are many
MBA
colleges who offers Private. Here, we have curated the list of the Best
B-schools accepting MAH CET, which you can aim for, if you are looking for
top Best
MBA
in Private Colleges in Mumbai.
Refer to the table below to know the best
MBA
in Private Colleges in Mumbai, with exams accepted and
average placement package:
Institute Name | Total Tuition Fee | Entrance Exams Accepted | Average/Median Package |
---|---|---|---|
NMIMS School of Business Management, Mumbai, MBA | ₹ 25 Lakhs | NMAT | ₹7 - 19.2 Lakhs Per Annum |
S.P. Jain Institute of Management and Research, Mumbai, MBA | ₹20.42 - 22.1 Lakhs | CAT, | ₹24.89 - 30.46 Lakhs Per Annum |
NMIMS, Mumbai, MBA | ₹25 Lakhs | NMAT | ₹19.2 Lakhs Per Annum |
K J Somaiya Institute of Management, MBA | ₹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, MBA | ₹94.4 Thousand - 14 Lakhs | CAT, CMAT, XAT, ATMA, | ₹9 Lakhs Per Annum |
N.L. Dalmia Institute of Management Studies and Research, MBA | ₹14.7 Lakhs | MAH CET, CAT, CMAT, MAT, XAT, ATMA, MHT CET | ₹8 Lakhs Per Annum |
SIES College of Management Studies, MBA | ₹5.2 - 7 Lakhs | CAT, CMAT, MAT, XAT, ATMA, | ₹7.5 Lakhs Per Annum |
MET, Institute of Management, MBA | ₹3.88 Lakhs | MAH CET, CAT, CMAT, MAT, XAT, ATMA, | 3.1 |
Universal AI University, MBA | ₹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, MBA | ₹7.15 - 7.85 Lakhs | MAH CET, CAT, CMAT, MAT, XAT, ATMA, | ₹6.5 Lakhs Per Annum |

Img: NMIMS School of Business Management, Mumbai college Building
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 INR. LPA and the fees for MBA is Rs. Lakhs.
NMIMS School of Business Management, Mumbai accepts various MBA entrance exams like NMAT.
- Fees: ₹ 25 Lakhs
- Average Package: ₹7 - 19.2 Lakhs Per Annum
- Highest Package: INR 67.7 Lakhs Per Annum
- Ownership type: Private
- Batch Size: 150 Students

Img: S.P. Jain Institute of Management and Research, Mumbai college Building
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 INR. LPA and the fees for MBA is Rs. Lakhs.
S.P. Jain Institute of Management and Research, Mumbai accepts various MBA entrance exams like CAT, .
- Fees: ₹20.42 - 22.1 Lakhs
- Average Package: ₹24.89 - 30.46 Lakhs Per Annum
- Highest Package: INR 67.50 Lakhs Per Annum
- Ownership type: Private
- Batch Size: 150 Students

Img: NMIMS, Mumbai college Building
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 INR. LPA and the fees for MBA is Rs. Lakhs.
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
- Batch Size: 150 Students

Img: K J Somaiya Institute of Management college Building
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 INR. LPA and the fees for MBA is Rs. Lakhs.
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
- Batch Size: 150 Students

Img: Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai college Building
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 INR. LPA and the fees for MBA is Rs. Lakhs.
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
- Batch Size: 150 Students

Img: N.L. Dalmia Institute of Management Studies and Research college Building
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 INR. LPA and the fees for MBA is Rs. Lakhs.
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
- Batch Size: 150 Students

Img: SIES College of Management Studies college Building
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 INR. LPA and the fees for MBA is Rs. Lakhs.
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
- Batch Size: 150 Students

Img: MET, Institute of Management college Building
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 INR. LPA and the fees for MBA is Rs. Lakhs.
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
- Batch Size: 150 Students

Img: Universal AI University college Building
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 INR. LPA and the fees for MBA is Rs. Lakhs.
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
- Batch Size: 150 Students

Img: Chetana`s Institute of Management and Research college Building
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 INR. LPA and the fees for MBA is Rs. Lakhs.
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
- Batch Size: 150 Students
Comparison of Top 5 Best MBA in Private 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 | ₹ 25 Lakhs | ₹7 - 19.2 Lakhs Per Annum |
S.P. Jain Institute of Management and Research, Mumbai | 2-Year | #20 NIRF | ₹20.42 - 22.1 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 | #45 NIRF | ₹17.29 Lakhs | ₹10.25 Lakhs Per Annum |
Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai | 2-Year | #73 NIRF | ₹94.4 Thousand - 14 Lakhs | ₹9 Lakhs Per Annum |
This article will discuss about more Management institutes offers Private in Mumbai accepting or MBA in Private Colleges in Mumbai
- List of MBA in Private Colleges in Mumbai
- What is the Fee for Top Private MBA colleges in Mumbai?
- What Are the Placement Highlights of MBA in Private Colleges in Mumbai?
- Other Popular Private MBA Colleges in Mumbai
- Find CAT Coaching Institute in Mumbai
Top Private MBA Colleges in Mumbai with Low Fees
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
-
Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai₹94.4 Thousands - 14 LakhsTotal Fee
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MET, Institute of Management₹3.88 LakhsTotal Fee
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Parle Tilak Vidyalaya Association’s Institute of Management - PTVAIM₹3.14 LakhsTotal Fee
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AIMSR - Aditya Institute of Management Studies and Research₹4.5 - 7.8 LakhsTotal Fee
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SRBS - Sheila Raheja School of Business Management & Research₹2.96 LakhsTotal Fee
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SIES College of Management Studies₹5.2 - 7 LakhsTotal Fee
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Chetana`s Institute of Management and Research₹7.15 - 7.85 LakhsTotal Fee
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Amity Global Business School, Mumbai₹7.49 LakhsTotal Fee
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Durgadevi Saraf Global Business School₹7.25 LakhsTotal Fee
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Aditya School of Business Management₹7.9 LakhsTotal Fee
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Universal AI University₹8.58 - 41.33 LakhsTotal Fee
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Vivekanand Business School (VBS)₹8.8 LakhsTotal Fee
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Shailesh J. Mehta School of Management, IIT Bombay₹8 - 20 LakhsTotal Fee
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ICFAI Business School, Mumbai₹9.09 LakhsTotal Fee
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IES`s Management College and Research Centre₹9 LakhsTotal Fee
NO COLLEGE AVAILABLE!
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S.P. Jain Institute of Management and Research, Mumbai₹20.42 - 22.1 LakhsTotal Fee
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NMIMS, Mumbai₹25 LakhsTotal Fee
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K J Somaiya Institute of Management₹17.29 LakhsTotal Fee
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SDA Bocconi Asia Center₹16.1 LakhsTotal Fee
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BITS School of Management (BITSoM)₹24.5 LakhsTotal Fee