20 verified colleges

Best MBA Colleges in Mumbai 2026

Planning an MBA in Mumbai for the 2027-29 batch? This list brings together MBA and PGDM colleges in Mumbai, including Welingkar Mumbai, Institute of Business Studies and Research Navi Mumbai and Jankidevi Bajaj Institute of Management Studies Mumbai, with fees, cutoffs and placement data from EduNext's college profiles. State-quota MBA seats in Mumbai go through MAH-MBA CET, NMIMS admits through NMAT, and most PGDM schools accept CAT, XAT, CMAT and GMAT. CAT 2026 is on 29 November, and many B-schools close their first application round before results are out, so check each college's last date on EduNext's MBA Forms & Deadlines page and apply early.

Top MBA colleges in Mumbai

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Set your maximum fee budget (in Lakhs). We will highlight the fastest ROI colleges based on average placements.

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  1. 1

    IIM Mumbai

    Maharashtra, Mumbai

    NIRF MBA #6Fees: ~1.75LPlacement: INR 47.5 lakhs
  2. 2

    IIT Bombay

    Maharashtra, Mumbai

    NIRF MBA #14Fees: ~1.24LPlacement: INR 23.50 LPA
  3. 3

    NMIMS Mumbai

    Maharashtra, Mumbai

    NIRF MBA #24Placement: INR 11.5 LPA
  4. 4

    ITM Navi Mumbai

    Maharashtra, Mumbai

    EduNext MBA #110Fees: ~13.45LPlacement: INR 8.65 LPA
  5. 5

    DY Patil University Navi Mumbai

    Maharashtra, Mumbai

    EduNext MBA #227
  6. 6

    Institute of Business Studies and Research Navi Mumbai

    Maharashtra, Mumbai

    Indiatoday MBA #148
  7. 7

    ICT Mumbai

    Maharashtra, Mumbai

    IIRF MBA #43Fees: ~1L
  8. 8

    Jankidevi Bajaj Institute of Management Studies Mumbai

    Maharashtra, Mumbai

    IIRF MBA #67Fees: ~3.4L
  9. 9

    Lotus Business School Punawale

    Maharashtra, Mumbai

    TOI MBA #52Fees: ~2.33L
  10. 10

    Welingkar Mumbai

    Maharashtra, Mumbai

    4 (182)Fees: ~1.26LPlacement: INR 12.52 LPA
  11. 11

    CSMU

    Maharashtra, Mumbai

    Fees: ~1.04L
  12. 12

    Faculty of Arts, Humanities and Communication, Chhatrapati Shivaji Maharaj University Navi Mumbai

    Maharashtra, Mumbai

    Fees: ~1.11L
  13. 13

    Mumbai University

    Maharashtra, Mumbai

  14. 14

    National Institute of Management Mumbai

    Maharashtra, Mumbai

  15. 15

    NMIMS Centre of Excellence Analytics and Data Science Mumbai

    Maharashtra, Mumbai

    Fees: ~23L
  16. 16

    NMIMS Navi Mumbai

    Maharashtra, Mumbai

    Fees: ~6LPlacement: INR 13.35 LPA
  17. 17

    Pearl Academy Mumbai

    Maharashtra, Mumbai

    Fees: ~12.81LPlacement: INR 6 – 8 LPA (Varies by specialization)
  18. 18

    Pravin Dalal School of Entrepreneurship and Family Business Management Mumbai

    Maharashtra, Mumbai

    Fees: ~3.27L
  19. 19

    School of Commerce, Management and Hospitality, Chhatrapati Shivaji Maharaj University Navi Mumbai

    Maharashtra, Mumbai

    Fees: ~1.02L
  20. 20

    Shri.Jaykumar Rawal Institute of Technology Mumbai

    Maharashtra, Mumbai

    Fees: ~1.47L
  21. 21

    SSPU

    Maharashtra, Mumbai

    Fees: ~1.9L
  22. 22

    Tradewings Institute of management Mumbai

    Maharashtra, Mumbai

  23. 23

    Vijaybhoomi University Mumbai

    Maharashtra, Mumbai

    Fees: ~3LPlacement: INR 8 LPA

About MBA Colleges in Mumbai (2026)

Mumbai is home to 20 MBA colleges for the 2026 academic session, spanning government institutes, deemed universities and private colleges. The list above is ordered using NIRF, EduNext and other recognised rankings, so the strongest options appear first and you can compare them at a glance.

Admission to MBA programmes in Mumbai is usually based on merit or a relevant entrance exam, followed by counselling. Eligibility and selection criteria differ slightly from college to college, so always confirm the exact requirements on each college's admission page.

Before you apply, compare each college on the factors that matter most — total course fees, eligibility, entrance cutoffs, placement records and verified student reviews. Popular choices here include IIM Mumbai, IIT Bombay, NMIMS Mumbai. Open any college above for its full profile, or share your details in the enquiry form to get free, unbiased admission guidance with zero spam calls.

Frequently asked questions

There are 20 MBA colleges in Mumbai listed on EduNext for 2026 admissions, ranked using NIRF and EduNext rankings.