In comparison, some of the world's most excellent Top MBA/PGDM Colleges In Mumbai. They deliver plenty of specialization as well as further education in business. Private and government colleges here accept entrance exam scores from the major entrance exams like CAT, NMAT, CMAT, MAH CET, etc.
Most prestigious MBA PGDM colleges In Mumbai found in country. These colleges offer a variety of specializations and opportunities for further education in business management. Admissions are based on entrance exams such as CAT, NMAT, CMAT, MAH CET, and others, ensuring a rigorous selection process for deserving candidates.
Parameter |
Details |
Number of Colleges |
5 |
Annual Fees |
INR > 5 Lakh |
Top Specializations |
Finance, HR, Sales, Marketing, SCM |
Accepted Entrance Exams |
CAT, CMAT, MAH CET, NMAT, XAT |
Mumbai offers a blend of elite private institutions and competitive government colleges, catering to the varied needs of aspirants. Along with modern infrastructure and faculty expertise, these colleges focus on global exposure, leadership development, and industry-relevant curriculum. The PGDM programs in Mumbai are designed to provide students with hands-on experience and networking opportunities with top corporate leaders.
College Name |
NIRF 2022 |
NIRF 2023 |
NIRF 2024 |
21 |
20 |
20 |
|
25 |
21 |
21 |
|
71 |
45 |
63 |
|
68 |
73 |
84 |
Admission to the top MBA PGDM colleges in Mumbai involves the following steps:
College Name |
Scholarship Type |
Eligibility Criteria |
S.P. Jain Institute of Management & Research |
Merit-based and need-based |
Top scorers and economically weaker sections |
K J Somaiya Institute of Management |
Need-based and alumni scholarships |
Academic excellence and alumni connections |
Narsee Monjee Institute of Management Studies |
Corporate-sponsored scholarships |
Sponsored candidates with relevant work experience |
Exam Name |
Dates |
CAT 2024 |
24th November 2024 |
MAT CBT Phase 1 |
7th December 2024 |
XAT 2025 |
5th January 2025 |
College Name |
Total Tuition Fee |
S.P. Jain Institute of Management & Research |
INR 24 Lakh |
K J Somaiya Institute of Management |
INR 17 Lakh |
Welingkar Institute of Management Development |
INR 14 Lakh |
College Name |
Total Tuition Fee |
Indian Institute of Management (IIM) Mumbai |
INR 14 Lakh |
College Name |
Total Tuition Fee |
Annual Average Salary |
Indian Institute of Management (IIM) Mumbai |
INR 14 Lakh |
INR 28 LPA |
S.P. Jain Institute of Management & Research |
INR 24 Lakh |
INR 32 LPA |
Welingkar Institute of Management Development |
INR 14 Lakh |
INR 9 LPA |
K J Somaiya Institute of Management |
INR 17 Lakh |
INR 10 LPA |
Parameter |
S.P. Jain |
NMIMS |
K J Somaiya |
Welingkar |
Tuition Fees (INR) |
24 Lakh |
20 Lakh |
17 Lakh |
14 Lakh |
Average Placement Salary (INR) |
32 LPA |
28 LPA |
10 LPA |
9 LPA |
Specializations Offered |
Finance, HR, Marketing, Operations |
HR, Finance, Analytics |
HR, Marketing, SCM |
Marketing, IT |
Accepted Exams |
CAT, GMAT |
NMAT |
MAH CET |
CMAT |
The most sought-after specializations include:
College Name |
Test Name |
Cutoff 2024 |
Narsee Monjee Institute of Management Studies |
NMAT |
230+ |
Indian Institute of Management (IIM) Mumbai |
CAT |
90+ percentile |
S.P. Jain Institute of Management & Research |
CAT |
85+ percentile |
K J Somaiya Institute of Management |
MAH CET |
95+ percentile |
Parameter |
S.P. Jain |
NMIMS |
K J Somaiya |
Welingkar |
Campus Size (Acres) |
45 |
10 |
50 |
10 |
Hostel Facilities |
Available (Air-conditioned) |
Available (Shared/Private Rooms) |
Available (Shared/Private Rooms) |
Available (Basic Amenities) |
Library Resources |
30,000+ books, e-resources |
25,000+ books, digital library |
40,000+ books, online journals |
20,000+ books, case studies |
Technology Infrastructure |
Smart classrooms, AI labs |
High-speed Wi-Fi, analytics labs |
Digital labs, Wi-Fi campus |
Business incubation center |
Sports and Recreation |
Gym, cricket, basketball courts |
Gym, indoor games, swimming pool |
Football ground, indoor sports |
Recreation zones, yoga classes |
Global Exposure Programs |
International Immersion |
Study Abroad & Exchange Programs |
Global Industry Tie-ups |
Limited Exchange Programs |
Cafeteria and Food Services |
Multi-cuisine cafeteria |
Hygienic meal services |
Affordable meal plans |
Basic cafeteria services |
The PGDM colleges in Mumbai stand out for their exceptional academic standards, strong placement records, and industry connections. While the cost of pursuing an MBA PGDM in Mumbai is relatively high, the ROI justifies the investment, as graduates often secure top roles in reputed companies.
By preparing well for entrance exams like CAT, NMAT, and CMAT, and aligning their goals with the right institution, aspirants can unlock promising career opportunities in business management.
1. Which are the best MBA PGDM colleges in Mumbai?
SPJIMR, NMIMS, and IIM Mumbai are among the top-rated.
2. What is the average tuition fee for MBA PGDM in Mumbai?
The fee ranges from INR 14 to 24 Lakh.
3. What is the highest salary package offered?
SPJIMR offers an average package of INR 32 LPA, one of the highest in Mumbai.
4. Are scholarships available in Mumbai’s MBA PGDM colleges?
Yes, merit-based, need-based, and corporate-sponsored scholarships are offered.
5. What are the popular specializations offered in Mumbai’s MBA PGDM colleges?
Finance, Marketing, HR, IT, and Operations are the most in-demand specializations.
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