MBA colleges · Mumbai
MBA Colleges in Mumbai
Mumbai has 6 institutes in the NIRF 2025 Management top 100, led by Indian Institute of Management Mumbai (rank 6). We have verified fees and placements for 8 of them. 36 institutes in Mumbai also fill MBA/MMS seats through Maharashtra's CAP counselling, admitting on MAH-CET (or CAT) scores; their official closing percentiles are below.
By ProCounsel Editorial TeamReviewed by ProCounsel counselling teamLast updated 12 Nov 2026
Official sources only · last verified 12 Nov 2026
Which MBA colleges in Mumbai are NIRF-ranked?
NIRF 2025 Management ranking, as published. Source: India Rankings 2025: Management (NIRF, Ministry of Education)· last verified 11 Nov 2026
| NIRF rank | Institute | Score |
|---|---|---|
| 6 | Indian Institute of Management, Mumbai | 77.58 |
| 14 | Indian Institute of Technology Bombay | 65.82 |
| 20 | S. P. Jain Institute of Management and Research | 62.06 |
| 24 | SVKM`s Narsee Monjee Institute of Management Studies | 60.99 |
| 65 | K.J.Somaiya Institute of Management | 51.28 |
| 75 | Prin. L.N. Welingkar Institute of Management Development and Research (PGDM) | 49.08 |
What do MBA colleges in Mumbai cost, and what do graduates earn?
Flagship programme figures from each institute’s own documents.
| Institute | NIRF 2025 | Exams accepted | Total fee | Median salary |
|---|---|---|---|---|
| IIM MumbaiMBA | #6 | CAT | ₹21,00,000source | ₹34,00,000 (2025)source |
| JBIMSP1 | Not in top 100 | MAH-MBA-CET | Not published | ₹26,15,000 (2026)source |
| KJSIMMBA | #65 | CAT, XAT, GMAT, NMAT, CMAT | ₹23,87,500source | ₹12,00,000 (2026)source |
| NMIMS SBM MumbaiP1 | #24 | NMAT | ₹27,00,000source | Not published |
| SJMSOM IIT BombayMBA | #14 | CAT | ₹15,55,800source | ₹26,00,000 (2026)source |
| SPJIMRPGDM | #20 | CAT, GMAT | ₹24,86,000source | ₹32,85,000 (2026)source |
| TISS MumbaiMA-HRM&LR | Not in top 100 | CAT | ₹2,03,500source | ₹28,00,000 (2026)source |
| WeSchoolPGDM | #75 | CAT, XAT, GMAT, CMAT | ₹14,00,000source | ₹11,78,000 (2025)source |
What MAH-CET percentile do Mumbai MBA colleges close at?
Official closing figures from Maharashtra’s CAP counselling for MBA/MMS courses in Mumbai. These are MAH-MBA/MMS CET percentiles, not CAT percentiles. The full statewide list is on the MAH-CET page.
| Institute | Course | OPEN · State level | OPEN · Home university | OPEN · Other university |
|---|---|---|---|---|
| Jamnalal Bajaj Institute of Management Studies, MumbaiUniversity Department-Autonomous | M. M. S. | 99.96 | — | — |
| Sydenham Institute of Management Studies & Research & Entrepreneurship Education(SIMSREE), MumbaiUniversity | M. M. S. | 99.86 | — | — |
| Prin. L. N. Welingkar Institute of Management Development & Research, MumbaiUn-Aided-Autonomous | M. M. S. | 99.59 | — | — |
| Zagdu Singh Chartitable Trust's Thakur Institute of Management Studies & Research, MumbaiUn-Aided-Autonomous-Linguistic Minority - Hindi | M. M. S. | 94.08 | — | — |
| St. Francis Institute of Management & Research, MumbaiUn-Aided-Autonomous-Religious Minority - Christian | M. M. S. | 93.74 | — | — |
| Thakur College of Engineering and Technology, Kandivali, MumbaiUn-Aided-Autonomous-Linguistic Minority - Hindi | M. B. A. | 93.74 | — | — |
| Vidyalankar Institute of Technology,Wadala, MumbaiUn-Aided-Autonomous | M. M. S. | 92.75 | — | — |
| Jankidevi Bajaj Institute of Management Studies, Santacruz, MumbaiUniversity Managed | M. M. S. | 91.67 | — | — |
| Durgadevi Saraf Institute of Management Studies, Malad (W), MumbaiUn-Aided-Autonomous-Linguistic Minority - Hindi | M. M. S. | 90.61 | — | — |
| JNIESTR's,Rajeev Gandhi College of Management Studies, Navi MumbaiUn-Aided-Autonomous | M. M. S. | 64.06 | — | — |
MAH-MBA/MMS CET percentiles, not CAT. Each figure is the score of the last candidate allotted a seat in that column in CAP Round I (2026-27), as printed by the State Common Entrance Test Cell, Maharashtra State, Mumbai. Maharashtra & Minority Seats (state-level CAP; All India seats are published in a separate PDF and are NOT included). Later rounds close lower or higher, and a past closing figure does not guarantee a seat. Source: Cut Off Merit for Maharashtra & Minority Seats CAP Round-I for Admission to First Year of Two Years Full Time Post Graduate Degree Course in Management viz . MBA/MMS for the Academic Year 2026-27. (State Common Entrance Test Cell, Maharashtra State, Mumbai)· last verified 11 Nov 2026
Frequently asked questions
Which is the best MBA college in Mumbai?
By the NIRF 2025 Management ranking, the highest-ranked institute in Mumbai is Indian Institute of Management Mumbai (rank 6), followed by Shailesh J. Mehta School of Management, IIT Bombay and Bharatiya Vidya Bhavan's S. P. Jain Institute of Management & Research (SPJIMR). The best choice for you also depends on fees, specialisation and your score.
How do I get MBA admission in Mumbai through MAH-CET?
Most MBA/MMS seats in Mumbai's state-approved institutes are filled through the Centralised Admission Process (CAP) run by the State CET Cell, Maharashtra, using MAH-MBA/MMS CET scores (and, for some seats, CAT and other national exams). You register for CAP, fill an option form and are allotted a seat by merit in rounds.
Are the CAP closing percentiles CAT percentiles?
No. They are MAH-MBA/MMS CET percentiles of the last candidate allotted a seat in each column in that round. Do not compare them with CAT percentiles.
Should I choose an MBA college in Mumbai for placements?
Being near industry helps with internships and live projects, but placements depend most on the institute itself. Read each institute's official placement report for the median salary and the share of the batch placed.
Sources
Official documents used on this page, last checked on 12 Nov 2026.
- India Rankings 2025: Management (NIRF, Ministry of Education) (2025)
- Cut Off Merit for Maharashtra & Minority Seats CAP Round-I for Admission to First Year of Two Years Full Time Post Graduate Degree Course in Management viz . MBA/MMS for the Academic Year 2026-27. (State Common Entrance Test Cell, Maharashtra State, Mumbai)
- IIM Mumbai - Admissions page / MBA Programme Brochure 2026 (MBA Fee Structure) (2026)
- IIM Mumbai - Submitted Institute Data for NIRF'2026' (2026)
- JBIMS Unified Final Placement Report, Batch 2024-2026 (2026)
- KJSIM MBA Admission 2027-29 page (2026)
- KJSIM Current Placement Highlights (2026)
- NMIMS Admission Handout for Management Programs (NMAT 2026), batch 2027 (2026)
- SJMSOM MBA Tuition and Fees (2026)
- SJMSOM Final Placement Report 2024-26 (2026)
- SPJIMR PGDM fees & scholarships (2027)
- SPJIMR press release: 100% final placements, PGDM & PGDM (BM) Class of 2026 (2026)
- TISS admissions - MA HRM&LR programme page (2026)
- TISS HRM&LR Final Placement Report 2026 (batch 2024-26) (2026)
- WeSchool PGDM 2026-2028 brochure (Dec 2025) (2026)
MBA colleges in other cities
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