Top MBA/PGDM Colleges In Mumbai

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.

Latest News

  • CAT 2024: Scheduled for 24th November 2024.
  • MAT December 2024: Registration deadlines - 30th November (CBT Phase 1) and 7th December (PBT); exams will be held on 7th and 14th December 2024.
  • NMAT 2024: Last date to register - 10th October 2024; exams from 5th November to 20th December 2024.
  • XAT 2025: Scheduled for 5th January 2025.

 

Top MBA/PGDM Colleges in Mumbai: Highlights 2024

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

 

Top MBA/PGDM Colleges in Mumbai: Additional Insights

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.

 

Top MBA/PGDM Colleges in Mumbai with NIRF Rankings 2024

College Name

NIRF 2022

NIRF 2023

NIRF 2024

S.P. Jain Institute of Management & Research

21

20

20

SVKM's Narsee Monjee Institute of Management

25

21

21

K J Somaiya Institute of Management

71

45

63

Welingkar Institute of Management Development

68

73

84

 

Admission Process 2024

Admission to the top MBA PGDM colleges in Mumbai involves the following steps:

  1. Eligibility Criteria: Bachelor's degree with at least 50% aggregate marks from a recognized university.
  2. Entrance Exams: Valid scores in CAT, NMAT, CMAT, MAH CET, or other accepted exams.
  3. Selection Process: Shortlisted candidates may go through:
    • Group Discussions (GD)
    • Personal Interviews (PI)
    • Written Ability Test (WAT)

 

Fees and Scholarship Options

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

 

Entrance Examination Schedule

Exam Name

Dates

CAT 2024

24th November 2024

MAT CBT Phase 1

7th December 2024

XAT 2025

5th January 2025

 

Top Private MBA/PGDM Colleges in Mumbai

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

 

Top Government MBA/PGDM Colleges in Mumbai

College Name

Total Tuition Fee

Indian Institute of Management (IIM) Mumbai

INR 14 Lakh

 

Fees vs Salary: Top MBA PGDM Colleges in Mumbai

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

 

Top MBA PGDM Colleges in Mumbai: 

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

 

Specializations Offered

The most sought-after specializations include:

  • Finance
  • Sales & Marketing
  • Human Resources (HR)
  • Operations
  • IT & Systems

 

Cutoffs 2024

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

 

Infrastructure and Facilities 

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

 

Conclusion

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.

 

FAQs

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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