Master of Business Administration (MBA) is a graduate business degree that emphasizes developing managerial, leadership, and technical skills.
The degree covers an extensive range of topics- Marketing, Accounting, Economics, and Finance. It allows the students to learn to deal with the ever-changing competitive business.
Through the course, they gain insight and get adapted to the demands in the industry that help them later when they take on managerial roles in an organization.
If you are looking forward to being an administrator, board member, manager, or business owner, then, MBA should be your first choice to go for.
In fact, this degree has helped many candidates, and fresher’s to get a promotion with an admiring package in the form of salary.
MBA colleges are giving practical exposure to students by nurturing corporate plans, competitive global economy, competitive landscape, international market, and other strategies in their studies. It helps the students to gain the skills required in their future profession.
According to the ongoing demand and situation of the market, MBA colleges in Mumbai are providing every possible skill and training to the students to excel in every field.
Those who are having an MBA degree from top colleges of Mumbai enjoy high status and standard as compared to others.
The current situations of companies and their business have required the MBA candidates to possess the skills and abilities to change the financial and working conditions of the company.
The organizations that are going to hire MBAs need them to be dynamic and adapt to the changing business environment, which includes investment planning, studying global trends, stock and shares, funds generation, and other long term goals of a company.
As the top colleges of Mumbai are known for giving practical exposure to students, it is a preferable place to pursue this course.
These are the top MBA Colleges in Mumbai
S. P. Jain Institute of Management and Research
The S. P. Jain Institute was built in 1981 and is recognized as the component unit of the Bharatiya Vidya Bhavan. It is among the top institutions in India.
The college focuses on promoting ethical values and innovations. It has been recognized for its efforts, which highly regarded global rankings.
The Institute offers a wide range of courses in management like (PGDM) Post Graduate Diploma in Management, (FPM) Fellow Programming in Management, Post Graduate Executive Management Programme, Post Graduate Management Program For Women, Post Graduate Program in Development Management, Post Graduate Program in Family Managed Business, Post Graduate Program in Management. Admissions in this college are made through the entrance exam CAT/XAT.
SPJIMR has an active placement cell that creates huge job opportunities for its students every year. The highest salary offered was up to Rs. 51 LPA and the average wage up to.26.36 LPA. The Institute has top recruiters like Microsoft, Goldman Sachs, Amazon, The Boston Consulting Group in placements.
Narsee Monjee Institute of Management Studies (NMIMS)
The Institute got started in 1981. It is one of the best B schools providing better exposure to the students. The college is globally deemed universities giving many disciplines across multiple campuses. It has been recognized by NAAC with Grade A+ and awarded category one university by the Ministry of Human Resource Development.
It offers full time and distance learning courses in management studies. They have multiple choices of courses in management Diploma Programme, Post Graduate Diploma Programme, Professional Programme, Certificate Programme. NPAT/ NMAT is the official entrance exam for the student to pursue management studies.
The college has a record of 100% placements according to recent records. The list of top recruiters includes Aditya Birla Capital, Cognizant, Goldman Sachs, Citibank, etc. The highest package offered Rs. 30.37 LPA and average offered was Rs. 17.79 LPA
National Institute of Industrial Engineering (NITIE)
The Institute came into existence in 1963 and was formulated by the Government of India. It is one of the leading Institutes for Management education. It has ranked among top B schools in India. The college offers scholarships to students who are in need of financial support for paying their fees.
NITIE offers a wide variety of courses such as Post Graduate Diploma in Industrial Management (PGDIM), Post Graduate Diploma in Industrial Safety and Environmental Management (PGDISEM), Post Graduate Diploma in Manufacturing Management(PGDMM), Post Graduate Diploma in Project Management(PGDPM). GATE and CAT scores are accepted to pursue the management.
Topmost companies like Amazon, Capgemini, E.Y., Cognizant, etc. have a record for coming to the college for recruitment consistently. The highest CTC offered was Rs. 39.5 LPA and the average CTC offered waRs. 15.83 LPA.
Jamnalal Bajaj Institute of Management Studies
The Institute started its journey in 1965. It is one of the earliest business schools in India.
The JBIMS is among the top-listed MBA colleges for best business schools. It believes in setting new standards in the business of management.
JBIMS offers Masters in Financial Management and Masters in Management Studies, M.Sc in finance. The college also has a part-time MBA with a specialization in Masters in Human Resource and Development, Masters in Marketing Management, Masters in Informative Management. MAT/ XAT/GMAT/CAT scores are accepted.
The highest CTC was Rs 32.3 LPA, and the average was Rs.30 LPA. The top participating companies in placement include JPMorgan Chase, McKinsey, Accenture, Goldman Sachs, Infosys, Wipro, HDFC, ICICI, among many others.
K J Somaiya Institute of Management Studies and Research (KJ SIMSR)
The Institute was established in the year 1981 as a part of the K. J. Somaiya Trust and Somaiya Vidyavihar. It has the vision to fulfill the needs of education in society at an affordable cost, and it has the second-largest campus in Mumbai. The college has received an Innovation Award from the Higher Education Forum.
The college offers courses such as Masters in Business Administration- Masters in Computer Application, Masters in Financial Management, Masters in International Business, Masters in Human Resource Management, Masters in Marketing Management. MAT/XAT/GMAT/CAT scores are accepted for admission.
The list of top recruiters coming to the colleges includes Google, IBM, Amazon, HSBC, Ernst & Young, CitiBank Mercedes Benz India. The highest CTC was 28.5LPA, and the average was 13.25LPA.
L N Welingkar Institute of Management Development and Research
The Institute set up in 1977. They are one of the leading institutions of Mumbai, with branches in Mumbai and Bangalore. The college provides an online learning program that makes this college different from others.
We School offers courses like Master in Human Resource Development, (PGDM)Post Graduate Diploma in Management, Masters in Financial Management, Masters in Information Management, Masters in Management Studies, PGDM in Research And Business Analytics, PGDM – Healthcare, PGDM – Media & Entertainment, Executive and Part-Time courses. Admission through CAT/ATMA/CMAT/XMAT exam scores is accepted.
It has a 100% record of placements. Top recruiters like Abbott, Blue star, Cine polis, Dell, Bank of America, CRISIL come consistently in college for placements. The Highest Salary Package Offered was Rs.22 LPA, and the average was Rs.11 LPA.
Sydenham Institute of Management Studies, Research, and Entrepreneurship Education (SIMSREE)
The Institute started to function in the year of 1983. SIMSREE is identified as one of the most popular management institutes in India. It has a wide range of degree and post-graduate courses in management.
The college offers full time Master of Management Studies, Master of Marketing Management, Master of Financial Management, Post Graduate Diploma in Business Management. Admission selection is through the entrance exam score of CAT/ATMA/MAT.
It is one of few colleges that give 100% Placements. The average CTC offered was 12.2 LPA, and the highest CTC offered is 20 LPA. Top companies like Barclays, Citi Bank, JP Morgan Chase, EY, Capgemini, Fonterra, GoDigit, etc. recruit students from this Institute every year.
Shailesh J.Mehta School of Management
The Institute was set up in 1995. The goal of the college is to focus on creation, dissemination, and enhance management knowledge. SJMSOM enjoys an excellent reputation of its own, both in industry and academia. It is ranked at position 10th in 2019 by the National Institutional Ranking Framework(NIRF) under the management category.
The courses offered by the Institute are Masters of Business Administration, Executive MBA, Executive Programme in Management. Entrance exams like CAT scores are accepted for admission.
Their network of top recruiters includes companies like Microsoft, Apple, Cognizant, Google, Amazon, TCS, Infosys. The highest package offered was Rs.32.4 LPA, and the average package was 25.8 LPA.
MET Institute of Management
Mumbai Educational Trust is a college established in 1989, it offers quality education to the students. It conducts university accredited courses. It tries to develop the students into young professionals who could face the challenges of the industry confidently.
The Institute offers two courses in management- Post Graduate Diploma in Management (PGDM) in e-Business and e-empowered Management & Business Administration (eMBA). The student has to score a minimum of 50% in any Bachelor’s degree of minimum three years from a recognized university. The college is known for courses in disciplines of Marketing, Finance, H.R., and Operations & Systems.
Topmost companies like ABP News, Aditya Birla Group, Asian Paints, Dabur, etc. come for recruitment. The highest CTC offered was Rs. 15.5 LPA, and the average CTC was Rs. 7.5 LPA in 2019-2020.
SIES College of Management Studies (SIESCOMS)
The educational Institute came into existence in 1960. The college objective is to provide quality education in management. They have been ranked as the 7th best Institute in India. They are pioneering in new methodology and refined learning methods.
SIES offers courses like Post Graduate in Management (PGDM), Masters in Management Studies (MMS), Masters in Computer Application (MCA), PGDM Pharmaceutical Management (PGDM PM), PGDM in Biotechnology Management. Entrance exams like CAT, MAT, XAT scores are accepted.
The highest CTC offered was Rs.18 LPA, and the average CTC offered was 7.14 LPA. Companies like HDFC, Capgemini, Asian paints, ICICI Bank, Deloitte, etc. come for recruitment.
N L Dalmia Institute of Management Studies and Research
It was established in 1995. It is AICTE approved and NAAC- ‘A’ grade accredited. The college believes in providing value-based quality management to the students.
The Institute offers Master in Financial Management, Master in Human Resource Management, Masters in Marketing Management, (PGDM)Post Graduate in Management, PGDM in Marketing, PGDM in Finance. Admission is made through the selection of entrance exam scores like CAT/ MAT/ATMA/XAT.
The highest salary package offered is Rs.24 LPA, and the average salary package offered is Rs. 9 LPA. Frequent recruiters are Croma, HDFC, CitiCorp, Crisil.
Amity Global Business School Mumbai
The Institute came into existence in 2009. The college has various streams of courses available, and institution infrastructure facilities are top-notch in India. They provide a 100% scholarship for deserving students.
AMITY Global Business School offers a postgraduate program in management and Business Administration. Admission selection is through the entrance exam score of CAT/XAT/MAT.
The college network of Recruiters includes Amazon, Sony, TVS Motors, Hyundai. G.E. Capital, Citibank, Airtel, Asian Paints, Axis Bank, HCL, Accenture, etc. The highest salary package offered is Rs.14 LPA, and the average salary package offered is Rs. 6 LPA.
Universal Business School
The Institute was set up in 2009 and ranked among the best colleges in India. They are the first Business School to be approved by AICTE to have an International MBA Degree.
Universal Business School offers (PGDM) Post-graduate diploma in management, MBA +PGDM full time two years, and Triple continent BBA +MBA for five years. Admission is made through the selection of entrance exam scores like CAT/ XAT/MAT.
Top companies like Aditya Birla Capital, ICICI, Marico, Udaan visit for recruitment across all the specializations. The highest salary package offered is Rs.20 LPA, and the average salary package offered is Rs. 8 LPA.
ICFAI Business School (IBS) – Mumbai
The Institute was set up in 1995. IBS has been the leading B school in the country. The college focuses on providing excellent academic delivery and infrastructure to the students.
The college offers a full time two years course in PGDM Post Graduate Programme in Management. Admissions are made through entrance exams like NMAT/CAT/GMAT.
It has a record of final placements percentage of 99% success with the student placing in top companies. Recruiters networks involve organizations like Morgan Stanley, HDFC Bank, JPMorgan Chase, ICICI Bank, Nielsen, and Asian Pai. The highest salary package offered is Rs.16.20 LPA, and the average salary package offered is Rs. 6.4 LPA.
Indian Institute of Technology Bombay
The Indian Institute of Technology Bombay (IITB) was established in 1958 with funds provided by UNESCO. This is the first Indian institution to be set up with foreign assistance. The Institute offers many scholarships to economically weak students.
The university offers a Masters of Business Administration Full-time 2 years course. Admission is made through the selection of entrance exam scores of CAT.
The college has many recruiters who visit the campus for recruitment cell every year, such as Goldman Sachs, Amazon, PNG, Flipkart, Paytm, etc. The highest package offered was Rs.18 LPA, and the average was Rs.7 LPA.
IES Management College and Research Center
This Institute was set up in 1998. It aims at developing business leaders. It delivers a unique learning system with an ultra-modern infrastructure.
IES offers full-time courses in the Masters in Management Studies (MMS), Post Graduate Diploma in Management (PGDM) and Post Graduate Diploma in Management (Pharmaceutical Management). For PGDM in Pharmaceutical Management, candidates who have passed B. Pharm, B. Sc, and B.E. are eligible to apply.
The recruiters associated with them are ABP News, Aditya Birla Capital, Adobe India, etc. The highest package offered was Rs. 16 LPA and the average package was Rs. 6.7 LPA.
Atharva Institute of Management Studies
The Institute was established in 2003. AIMS are identified by the government of Maharashtra and affiliated to the University of Mumbai and accredited with B+ grade by NAAC in the year 2019.
AIMS offers a full-time PGDM program of two-year duration in Marketing, Finance, Human resources. Admissions are made through the entrance exam score like CAT/ XAT/MAT are accepted.
The highest package offered was Rs.12 LPA. Companies like ICICI Bank, ITC Limited, naukri.com, phone pay, Godrej, etc. visit the campus.
Sir M. Visvesvaraya Institute of Management Studies and Research (SVIMS), Mumbai
The Institute was founded in 2009. It is recognized by AICTE and has various international programs for the students. The college gives opportunities to students as Full-Time Interns at companies gaining valuable job experience, applying the concepts they learn in the classroom, earning a regular income while at the same time completing their full-time PGDM and it also has distance learning courses.
The college offers courses like (PGDM) Post Graduate Programme in Diploma for Human Resource Management, Finance, Marketing, Operations. Admissions are made through entrance exam scores like CAT/CET/CMAT/ATMA.
It offers internship opportunities while they learn. The highest package offered was Rs.12 LPA, and the average was Rs.4.5 LPA in 2020. Companies like HDFC Bank, ICICI Bank IDFC, AXIS Bank, etc. come forward for recruitment.
GNVS Institute of Management
The GNVS institute of management was established in the year 2010, and since then, it is standing at the top-rated MBA colleges in Mumbai. This NAAC authorized college has become the destination for management learners. Now, according to the rating, it is the 11th best business school in Mumbai.
This college offers several courses, as follows:
Master of management, and certificate course in spss, six sigma, MBA in financial modeling, employee engagement, banking, insurance & forex, digital marketing. Based on the type of course, the total fees may vary.
Students of this college are placed in top-rated companies like walplast, Aditya Birla textile, Reliance industries limited, Inox leisure, Future Group, L & T. Students get the highest salary package of 6 lakhs and lowest salary rate of 2.8 lakhs here.
ITM-Group of Institutions
ITM provides full time MBA courses applied by AICTE. It is ranked 15th in the top 10 Business schools, also the rank of it is in 5th in the colleges. The college was established in the year 1993 and till now they are becoming leading college in Mumbai.
The school is providing full time postgraduate courses on MBA. Also, the course fees remain around 3 lakhs in two years.
Students are getting placed in Amazon, Wipro, Accenture, HCL, Verizon, Deloitte, IBM, ITC and many others. Also, their CTC remains 7 LPA to 8 LPA.
St. Francis Institute of Management and Research
It is an A graded college by NAAC, also denoted as one of the leading colleges to study MBA. The college also has approval for the AICTE. As a result, it has become one of the popular colleges in Mumbai.
The college offers more than one professional course like the MMS, PGDM, MFM Part Time, MMM Part Time. Total course fees remains here are 4.1 lakhs in two years.
Students are placed in the ICICI bank, Kotak Mahindra bank, Axis bank, CSb bank and much more. Most of the placements are done on campus and the placement facility also remains high.
Lala Lajpatrai Institute of Management
This college is a well-known college in Mumbai to get placed abroad. The AICTE approved college provides one of the topmost learning experiences in India.
In this college, there are several courses being offered. They are the MMS as well as MMS shift II. Also, the fees remain around 3.20 lakhs per two year.
Students of this college are placed globally. International placement program has been done in the college. Students are placed in the Gulf oasis insurance brokers and their CTC are also high. The students are placed in Dubai city where they are getting 10 LPA CTC.
Institute’s official website: https://www.llim.edu/
Xavier Institute of Management and Research
The college is the leading management and research college in the Mumbai city, from where every student is completing their graduation and becoming a management professional.
The college provides a wide range of courses in the MMS. This is a full time master’s course for management degree. Fees for the course are 5.2 lakhs per two years.
Students are getting placed at the Abbott India Ltd., Aditya Birla Finance, AGR Knowledge Services Pvt Ltd, All India Trading Centre, and Altor, amazon as well as many other colleges. The highest CTC that the students are getting are highest 14 LPA and 4 LPA lowest.
Institute’s official link https://ximr.ac.in/
The Institute of Business Studies & Research (IBSAR)
The college is ranked as A category in the NAAC and it is in the top 100 college list also. The college is also denoted as one of the leading B schools in Mumbai.
The college is providing courses like the BBA, BCA, MCA, MBA as well as BCOM. The fees remain almost 2.70 lakhs per year for BBA and For MBA, the fees remains almost 1.80 lakhs per year.
Students are getting jobs in popular national as well as international industries and the CTC remains almost 14 LPA.
Institute’s official link https://www.ibsar.ac.in/
H K Institute of Management Studies & Research
The college has secured its ranked among the top 100 B schools in the year 2011. Most of the students visit the college to get intellectual experience for the B schools.
The college is providing courses like the MBA, Master of management studies, PGCM. The course fees for PGCM remains 5.25 lakhs also for other courses, prices remain around 3 lakhs.
The students are placed in industries like JP Morgan, Pop shots and the CTC ranges remains almost 4 LPA.
Institute’s official link https://hkimsr.edu.in/
This is also a popular college that is approved by the AICTE, also denoted as a popular destination for business learners of Mumbai India.
The college is offering PGDM courses in several types. On that note, the fees remain almost 7 lakhs per two year.
Students are getting placed in the ICICI bank, Reliance Industries and many sectors where they are getting 5 LPA CTC.
Institute’s official link https://www.cimr.in/
Dr. DY Patil University’s School of Management (DYPUSM), Navi Mumbai
The college is an A graded college affiliated by NAAC. This college offers various ranges of courses, and the students of this college are placed in leading companies of India with high CTC.
The college offers undergraduate and post graduate programs like Business Administration in Marketing, Business Administration in Finance, Business Administration in Hospital Administration, Business Administration in Banking & Insurance, and Business Administration in International Business.
Recruiters like IKEA, Tommy Hilfiger & Calvin Klein, HDFC Bank, Nestle India, Morning Star, Baskin Robbins, Federal Bank,99 Acres, Square Yard, Tata Trent Hyper city visit the campus for placemats. The highest package offered was Rs.13 LPA, and the average was Rs.6 LPA.
The Institute’s official website::http://www.dypatil.edu/schools/management/
Vidyalankar Institute of Technology
The Institute started its journey in the year 2006, and now, it has become one of the most popular engineering and management colleges in the Mumbai city. According to the NAAC, it is an A+ graded college.
The college offer more than one course in engineering studies, and also they are offering courses in Post Graduate in Master of Management Studies courses. Admissions are made through the entrance exam, like CAT/MAT/XAT/GMAT.
Their network of recruiters is TCS, Amazon, and Toppr with a good CTC. The highest package offered was Rs.7.2 LPA, and the average was Rs.4.5 LPA.
Official website link: https://vit.edu.in
Janaki Devi Bajaj Institute of Management Studies
The Institute was established in 1997. They are among one of the leading colleges of Mumbai city. In case students want to get placed after learning management studies, they can also be admitted to this college. The college has tie-up with industries, particularly in the field of curriculum development, faculty training, and management development. It offers a variety of professional courses at Masters’ level and post-graduate Diplomas that are specifically designed to enhance employment opportunities for women.
The college offer two years full MBA program in many sections such as MBA Finance Management, MBA Human Resource Management, MBA Marketing Management, MBA Operations Management, MBA Retail Management, and MBA Systems Management. Scores of entrance exam CAT/MAT/GMAT/ATMA/ XAT are needed for admission.
There highest package offers were Rs.7 LPA, and the average was Rs.3.5.Recruiters like Union bank of India, Reliance industries, future retails, Paytm, and many other companies visit the Camus for placements.
Official website link:http://www.jdbims.net
Thakur Institute of Management Studies & Research
The Institute started in 2002. They are among the popular management studies in Mumbai city. It is also known as an A+ graded college, which is certified by the NAAC. The college offers more than one PGDM as well as management courses in order to make your career in this field.
They offers (PDGM) Post Graduate Diploma in Management, (MMS) Master in Management Studies, Masters in Finance Marketing, Masters in Marketing Management, Masters in Human Resource Development Management, Masters in Information Management. They accept exam scores like CAT/MAT /ATMA/ XAT for Management Studies.
Their Highest package offers were Rs.7.5 LPA and the average was Rs.5.2.Companies like ITC, HDFC LIFE, Asian Paints, and more are their recruiters.
Official website link: https://www.timsrmumbai.in/
Amity University Mumbai
Amity University Mumbai has been established under Maharashtra Govt. Act of 2014 of Government of Maharashtra. This is a world-class organization that provides topmost support to its students so that they can become a management professional.
This college offers a vast range of courses to their students, and it includes BBA, MBA as well as Engineering degree. Course fees for the MBA are ten lakhs per two years.
The students of the colleges are placed in one of the popular companies like Tata consultancy services, value score business solutions, AIESEC, and much more. The highest CTC offered was Rs. 14 LPA, and the average was Rs. 4.5 LPA.
Institute’s official link https://www.amity.edu/mumbai/
Indian Institute of Management IIM Nagpur
The Institute started operating in 2005. It also denoted as one of the popular destinations for MBA learners. The college focus on a common goal in the creation of the next generation of great leaders by this college.
The college have courses in the Post Graduate Program in Management- Master of Business Administration (PGDM)Post Graduate Diploma in Management. Entrance exam scores like CAT are accepted for admission.
Top recruiters like ICICI bank, Tech Mahindra, L&T, and many other popular companies visit campus.
The highest CTC offered was Rs.15 LPA, and the average was Rs.8 LPA.
Institute’s official linkhttps://www.iimnagpur.ac.in/
Pillai Institute of Management Studies and Research
The Institute came into existence in the year 1998. It is AICTE approved. This has been awarded an “A” grade by The Directorate of Technical Education, Govt. of Maharashtra. It enjoys immense popularity in the city. It offers a good learning experience and a nurturing environment for the students.
The course offered in this is Masters in Business Administration- Executive (E-MBA). This 2-year course is designed for working students. It specializes in Marketing, Finance, H.R. and Operations & International Business. A minimum of 50% needs to be scored in any Bachelor’s degree of minimum three years from a recognized university.
The prominent recruiters like Federal Bank, Bluestar Ltd. HDFC, Capgemini, etc. come during placements. The package offered is usually in between Rs. 4 – 9.20 LPA.
The Institute’s official website: http://www.pimsr.ac.in/
YMT College of Management
It was established in the year 2006 by Yerala Medical Trust & Research Centre of Dr.G.D. Pol. It empowers an individual and also helps in one’s development. Their curriculum is designed to provide diverse educational needs of students.
The course that YMT has designed is the Executive Program in Business Management (EPBM) and MBA for working and non-working graduates. It is a 2-year course. The fee structure for two years is Rs.3 Lacs.
The highest salary package offered was Rs. 7.48 LPA, and the average package offered was Rs. 4.48 LPA.
The Institute’s official website: http://www.ymtcollegeofmanagement.org/
A. C. Patil College of Engineering
This was set up in the year 1992 by Honourable Shri Rohidasji Patil, Jawahar Education Society. This premium institute is AICTE approved. It is affiliated to the University of Mumbai.
The college offers a course in Masters in Management Studies (MMS). It has a CAP (Centralized Admission Process).
The list of top recruiters includes Bluestar, Havells, Ericsson, Capgemini, Schneider, Reliance Industries, etc. The highest package offered was Rs. 6.72 LPA, and the average package was Rs. 3 LPA.
The Institute’s official website: https://www.acpce.org/
Rustomjee Business School (RBS)
This Institute was founded in 2008. They focus on building leaders who will build the future.
It offers three courses in management. The duration of all is of 2 years. First is PGPM that specializes in Marketing, Finance, and H.R. No entrance required and selection is through essay writing and interviews. Fee is Rs.1,75,000. Second is the Executive Education Program in Management (EEPM), for which 50% is needed in graduation, and rest selection is through essay writing and interviews. The fee is the same as of PGPM. The third is MMS, which is recognized globally.
The recruiters associated with them are Puma, Religare Mutual Fund, Snapdeal, etc. The package offered is in the range of Rs.2.5 – Rs. 5.40 LPA.
The Institute’s official website: http://rbs.rustomjee.com/
Sasmira’s Institute of Management Studies and Research
Established in 2010, this Institute has gained immense popularity since its inception. It became the first Institute to be ranked in category “A” in the AIMA survey of 2013.
It offers two courses. Both are 2-year full-time courses. First is MBA, and admission is through an online computer-based test followed by G.D. & P.I and conducted by AICTE. A minimum of 50% is required for graduation. Second course PGDM specializes in Finance, H.R. & Marketing. A score of anyone CAT/ MAT/JMET/XAT should be submitted. The fee for both is Rs. 3,30,000 for two years.
The recruiters include India bulls, Zodiac, Provogue, etc. The average package offered is Rs. 4.5 LPA and highest is Rs. 9.5 LPA.
The Institute’s official website: http://www.simsr.sasmira.org/
Durgadevi Saraf Institute of Management studies
This Institute was set up in 2010 to provide unmatched service in the educational field. It has been developing skilled professionals since its inception.
The Institute offers three courses-PGDM, MBA, and EPM. The first two are 2-year full-time programs, whereas EPM is an 11-month program. Both PGDM and MMS specialize in Marketing, Finance, H.R., Operations.
Admission for PGDM is through a test followed by G.D. and P.I. The fee is Rs. 7,25,000 for two years. MBA admission is through the Centralised Admission Process (CAP). The fee is Rs. 4,73,450 for two years. Executive Program in Management (EPM) admission is through an essay on a general topic and a personal interview.
The leading organizations like ITC, Mahindra Logistics, Glen mark Pharmaceuticals, Deloitte, etc. have been recruiting for the college for years. The average CTC offered is Rs. 4.5 LPA and highest is Rs. 7 LPA.
The Institute’s official website: https://www.rset.edu.in/dsims/
Kohinoor Business School
This Institute was set up in 2010 with a view to impart an education that will help them to handle the various management domains.
It offers PGDM, a 2-year full-time program approved by AICTE. It specializes in Finance, H.R., Marketing, and Operations. The second course offered is MBA. Admission to this is through All India common entrance test CAT/MAT/CMAT/XAT/ATMA and a minimum of 50% in graduation.
Their recruiters’ network includes Amazon, Colgate, TATA CAPITAL, Amul, Godrej, ITC, J.K. Tyre, OPPO, etc. The highest package in 2020 offered was Rs. 8.16 LPA.
The Institute’s official website: https://kohinoor.edu.in/
Guru Nanak Institute of Management Studies
This Institute came into existence in the year 2002. The faculty focuses on project-based learning and consider it as a vital tool for management education.
It offers PGDM, a 2-year full-time program. Common entrance test (CAT/ MAT/ATMA/XAT) scores in anyone, a minimum of 50% in graduation, G.D., and P.I. Scores and work experience, if any, forms the basis of selection. They also offer Executive MBA, an 18-months long program, and eligibility for this includes a minimum of 50% in graduation and a minimum of 2 years of work experience. The fee is Rs. 1, 81,000.
The key recruiters are Flipkart, Reliance Industries, ICICI Bank, Aditya Birla Capital, etc. In 2019, the highest package offered was Rs. 10 LPA, and the average CTC were Rs. 3.85 LPA.
The Institute’s official website: https://gnims.edu.in/
BVIMSR (Bharati Vidyapeeth’s Institute of Management Studies and Research)
The Institute started in 1984 to enhance the quality of education in I.T. and Management. The college is approved AICTE and affiliated to the University of Mumbai.
It offer courses like Masters in Management Studies, Masters in Business Administration, Masters in Human Resource Development Management, Masters in Financial Management, Executive MBA, and more. Entrance exams like CAT/XAT/ATMA/MAT are accepted for admissions.
Top recruiters like HDFC, Axis Bank, Airtel, Godrej, Amazon, etc. The highest CTC offered was Rs.14 LPA, and the average offered was Rs.6 LPA.
Institute’s office website: https://bvimsr.org/
REGENESYS Institute of Management
The Institute was founded in 1998. Regenesys has wide range of divisions, including Regenesys Business School, Regenesys School of Public Management, Regenesys Foundation, Regenesys Investments and a newly established recruitment company. It provides world-class business education and has campuses in India, South Africa, and Nigeria.
The college offers courses in International Leadership MBA, Global MBA, and Post Graduate Diploma in Business Management. For admission, RMAT scores are accepted.
REGENESYS has a record of 100% placements. The highest package offered was Rs. 30 LPA, and the average packaged offered Rs.15 LPA. Recruiters like PepsiCo, Mercedes, Vodacom, etc.
Institute’s official website: https://www.regenesys.in/
The crux of the matter is that pursuing an MBA in Mumbai is wise as the educational institutions are constantly raising their bar and setting a benchmark against themselves of being the best in the world. The faculty is trained with their superior teaching methodologies. They are focussed on the new-age curriculum.
Mumbai proudly occupies the numero uno position in being the Centre of Excellence for Education. With the increasing number of companies opening up in the city, job opportunities will arise in the upcoming years.