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Top 5 MBA Colleges in Mumbai

The Master of Business Administration is a two-year degree that prepares students for a variety of business administration fields such as accounting, applied statistics, human resources, business communication, business ethics, business law, business strategy, finance, managerial economics, management, entrepreneurship, marketing, supply-chain management, and operations management. The degree is the most popular because it allows aspirants from any background – science, arts, etc. – to take it and change their career paths.

With over 50+ MBA specializations available in India, competition is fierce among colleges and students. This blog lists the top MBA colleges in Mumbai that you can rely upon without hesitation.

1. NMIMS, Vile Parle, School of Business Management

NMIMS, Vile Parle, School of Business Management

Shri Vile Parle Kelavani Mandal founded NMIMS in 1981 as a Management Institute affiliated with the University of Mumbai.

In 2003, NMIMS became a deemed university after first offering a Master in Management Studies.

SBM, truly one of the best MBA institutes, aims to provide its students with a plethora of management skills that will help them navigate today’s complex business environment and tough competition. A dynamic curriculum developed in collaboration with academics and industry practitioners allows them to master new skills and explore new perspectives.


Aditya Birla | Apollo Tyres | Loreal | Metro | Dabur | Casio | Whirlpool | Mi | Raymond | ITC | Castrol | Crompton | Maruti Suzuki | Reliance | TATA Motors | Ultratech | FedEx | Unacademy | Google | HCL | Dell | Deloitte | Amazon | Microsoft | Ola | Honeywell | EY | ICICI Bank.

Fee Structure:

12.00 L – 24.04 L

2. Churchgate JBIMS

Churchgate JBIMS

JBIMS is an ideal center of knowledge for a student pursuing Business Management studies, with a rich legacy and an illustrious alumni base. It is one of Mumbai’s top management schools. The unique combination of permanent and visiting faculty provides extensive knowledge across domains and sectors and a one-of-a-kind learning experience.

Jamnalal Bajaj Institute of Management Studies, located in the heart of India’s financial hub, has the advantage of being among the corporate crowd, allowing students to hone their Business Management skills through frequent industry interactions and workshops.


Aditya Birla | ICICI Bank | IndusInd Bank | SBI Bank | HSBC | HDFC Bank | IDFC Bank | Motilal Oswal | Kotak Life Insurance | TCS | Tech Mahindra | TATA Motors | TATA Motors | TATA Motors | TATA Motors | TATA Motors | TATA Motors | TATA Motors | TATA Motors | TATA Motors |

Fee Structure:

1.52 L – 7 L

3. Andheri SP Jain Institute of Management and Research

Andheri SP Jain Institute of Management and Research

SPJIMR is part of the Bharatiya Vidya Bhavan and operates as a self-contained institute with entrepreneurial zeal. It is consistently ranked among India’s top ten management institutes.

This Mumbai management institute believes that instilling ancient cultural values in students and techniques for reintegrating them into modern times helps students understand and apply whatever is good in the new without being swept away from their traditional ethos.

The main goal of the Bharatiya Vidya Bhavan is to provide a modern bridge that connects the past, present, and future, built on a solid foundation of life’s fundamental values.


Infotech | Citi Bank | IndusInd Band | Myntra | Coffee Day Beverages | Infosys | Accenture | Amazon | Oyo | Bosch | Google | Reliance Jio | IBM | Bridgestone | Britannia | IBM | Ernst & Young.

Fee Structure:

17.5 L

4. Jankidevi Bajaj Institute of Management Studies, Juhu 

Jankidevi Bajaj Institute of Management Studies, Juhu 

Through management education, Jankidevi Bajaj Institute of Management Studies, Juhu JDBIMS aspires to create an inclusive society and to be a voice of empowerment, particularly for women.

As the best MBA college in Mumbai, it aspires to be a helping institution in the field of management education and to train aspiring women to become competent management professionals, business leaders, and entrepreneurs by contributing as much effort and knowledge as possible.


Infosys | Jindal Steels | ITC | L & T Infotech | Raymond | TATA | HSBC | Jet Airways | Air India | Bajaj | Citi Bank | HDFC Bank | ICICI Bank | Infosys | Jindal Steels | ITC | L & T Infotech | Raymond | TATA | HSBC | Jet Airways

Fee Schedule:

1.7 L – 4.72 L

5. Amity University, Panvel 

5. Amity University, Panvel 

Amity Global Business School (AGBS) campuses continue Amity’s vision of providing talented young people from across India with access to globally recognized professional education.

AGBS campuses in 11 cities embody Amity’s vision of developing future industry leaders from diverse backgrounds across the country.

AGBS campuses in Ahmedabad, Bengaluru, Bhubaneswar, Chandigarh, Chennai, Hyderabad, Indore, Kochi, Mumbai, Noida, and Pune provide talented and ambitious young people from across the country with the opportunity to realize their true potential and advance up the corporate ladder.


Reliance | Airtel | Vodafone | Radisson | Kotal Mahindra Bank | DHL | IRCTC | Axis Bank | HCL | TATA | HDFC Bank

Fee Schedule:

5.9 L – 6.24 L