Top 20 colleges for MBA in Mumbai Latest List 2023
Top Top 20 colleges for MBA in Mumbai are for those students who wish to study management course in a finest institute.
These Top 20 colleges for MBA in Mumbai in Mumbai follow truly world-class standards, getting a seat in them is worth a try though it is not easy.
The objective behind this article is to help students who wish to study management for a great career. Some of these These Top 20 colleges for MBA in Mumbai are also offer PhD programmes in management.
The list of these Top 20 colleges for MBA in Mumbai are provided below:
1. Sailesh J Mehta School of Management (SJMSOM)
The School Of Management through its flagship Master of Business Administration (MBA) programme seeks to develop managers for an integrated understanding of all business functions.
The rigorous curriculum of the Master of Business Administration (MBA) programme has a judicious blend of courses that provide an in-depth understanding of the operational and strategic aspects of management.
One unique feature of the program is that apart from the regular courses on Finance, Accounting, Operations and HR, SJM SOM prepares for technology management with core courses like Technology Policy, R&D Management and Managing technology transfer.
Also, innovative courses like “Mission, Vision and Leadership” provide opportunity for the student to work under the mentorship of Indian Business leaders and to hone their leadership skills.
No wonder, this is also among the Top 20 colleges for MBA in Mumbai.
Website ‘https://www.som.iitb.ac.in/’
2. S.P. Jain Institute of Management and Research (SPJIMR)
A search for a very good institution to study management course will end at this organisation.
Bharatiya Vidya Bhavan’s S P Jain Institute of Management and Research (SPJIMR) is a leading school of management in the heart of India’s financial centre, Mumbai.
SPJIMR is a part of the Bharatiya Vidya Bhavan and functions as an autonomous institute with entrepreneurial agility. It consistently ranks amongst the top ten management institutes in India.
The institution was inaugurated in 1981 by the then Prime Minister of Britain Margaret Thatcher. The objective of this organisation is to enhance value based growth.
SPJIMR has acquired the reputation of meeting societal needs of under-managed sectors by offering unique, purposeful and relevant initiatives.
Needless to say, this is also among the Top 20 colleges for MBA in Mumbai.
Website ‘https://www.spjimr.org/’
If there is any b-school that attracts students from all corners of this country, it is NMIMS.
MBA offered at this institution is of two year duration and is of postgraduation level.
Course is offered with various specialisations like Human Resources, Pharmaceuticals Management, Business Analytics and much more.
Management programmes are also offered at undergraduate level at this institution. BBA in Hospitality Operations and Management is offered at graduate level.
What started with baby steps in 1981, NMIMS has today emerged as a globally reputed university.
Always socially conscious, the Shri Vile Parle Kelavani Mandal (SVKM) made the decision to cater to the rising demand of management institutes in the country.
This led to the birth of the Narsee Monjee Institute of Management Studies (NMIMS).
It began humbly by offering two-year full-time master’s programme in management studies with 4 full time faculty, 3162 books and an intake of 40 students above Bhaidas Hall, Vile Parle (West), Mumbai.
This is also among the Top 20 colleges for MBA in Mumbai.
Website ‘https://www.nmims.edu/’
4. Atharva Institute of Management Studies (AIMS)
The search for an ideal institute to study management courses will lead to this organisation which is also popularly called as AIMS.
The focus at Atharva is always on creating value through continuous efforts to build up future managers.
The efforts started in 2003 when its Executive President Mr. Sunil Rane created an educational brand Atharva Institute of Management Studies.
The purpose of the brand was to create, develop and provide business managers to provide solutions to complex business situations.
AIMS went ahead with winning accolades and awards in the education industry by being consistently ranked amongst the Top Business School s in the country by various national B-School surveys.
The brand image progressively achieved greater heights with the contribution of intellectual capital in the form of the Faculty members being awarded as ‘Best Management Faculty’ by the industry on numerous occasions.
All the above factors make this institution one among the Top 20 colleges for MBA in Mumbai.
Website ‘http://www.atharvaims.edu.in/’
The aim of the programmes offered at the institute is to develop a wide knowledge base to students by providing exceptional facilities for learning.
Along with classroom lessons, students get to learn through live case studies, competitions, seminars, group discussions and panel discussions from industry stalwarts.
The institution also help students internalize values which will remain with them for life and shape them into a responsible citizen.
The courses offered here are Post Graduate Diploma in Industrial Management (PGDIM) and PGDSM (Post Graduate Diploma in Safety Management).
The other programme is also offered PGPEx-VLFM.
VLFM (Visionary Leaders for Manufacturing) Programme is a one-year full-time residential executive diploma program jointly conducted by NITIE Mumbai and IIT Delhi to groom the emerging leaders for mid and senior-level Managerial positions.
This is also one among the Top 20 colleges for MBA in Mumbai.
Website ‘https://www.nitie.ac.in/’
6. Aditya Institute of Management Studies and Research (AIMSR)
The institution was established in 2011 and is approved by AICTE, DTE and is affiliated to Mumbai University.
The flagship programme offered here is PGDM (Post Graduate Diploma in Management) with specialisations in Finance/Marketing/Human Resources/IT/Production & Operations.
MMS course is also offered here with specialisations in Finance/Marketing/Human Resources/IT/Operations.
The special point is that this institution ranked 45th among the top private B-Schools in India in Times B-School Survey 2020.
There is always a consisted focus on achieving academic excellence. Training for employability is provided through multi-stream workshops.
All the above mentioned factors make this institution one among the Top 20 colleges for MBA in Mumbai.
Website ‘https://www.aimsr.edu.in/’
Shaping the business giants of tomorrow, it runs every program keeping in mind the continuously altering socio-economic world we live in.
Besides its regular management programmes, it also offers programmes in Business Design, E biz, Research and Business Analytics, Rural, Retail, Healthcare, and Media and Entertainment.
The institution commenced its innings in 1977 and WeSchool works under aegis of S.P. Mandali Trust which is one of the oldest trusts in the space of education.
There is a campus for this institution in Bengaluru also. The courses offered here are PGDM (Post Graduate Diploma in Management) with specialisation in E-Business, Business Design and much more.
PGP (Post Graduate Programme) is offered in Entrepreneurship, Media and Entertainment. There are other programmes also that are offered at this institute.
This is also one of the Top 20 colleges for MBA in Mumbai.
Website ‘https://www.welingkar.org/’
8. Vivekanand Business School (VBS)
VBS carries with it the rich legacy of Management teaching methods of its parent, VESIM.
VBS was initiated as the standalone Institute to offer the autonomous programme of PGDM, in keeping with the rules of the apex body, All India Council for Technical Education (AICTE) that oversees technical education in the country.
Vivekanand Education Society’s Institute of Management Studies & Research (VESIM) and the newly established Vivekanand Education Society’s Business School (VBS) are separate entities, established by VES to impart management education.
In keeping with VBS’s aim to offer students knowledge in cutting-edge and advanced learning skills in Business Analytics, the institute started to offer a unique two-year, full-time Post-Graduate Diploma in Management (PGDM).
The Diploma has been accorded the Equivalence by AIU with the MBA Degree of Indian Universities.
PGDM is offered with specialisations like Business Analytics, Banking and Finance, Marketing, Operations and others.
Needless to say, this one is also one among the Top 20 colleges for MBA in Mumbai.
Website ‘Link‘
This point is apt with regards to K.J. Somaiya Institute of Management.
This organisation always strives to offer state-of-the-art education of global standards to students and professionals, and train them to be competent, ethical and socially responsible citizens.
The specialisations in MBA offered here are International Business, Retail Management, Integrated Marketing Communication, Healthcare Management and others.
There is no end to options here. The institution also offers part-time MBA in Finance Management, HR Management, Information Management and others.
The institution has qualified faculty and facilities that are world class. No wonder why, this is one among the Top 20 colleges for MBA in Mumbai.
Website ‘https://simsr.somaiya.edu/en’
10. Thakur Global Business School (TGBS)
The vision of this institution is to emerge as an institution renowned for imparting global management education to excel as mindful leaders.
The mission of this institution is to provide holistic education for students by imbibing self-management to bring in social transformation.
TGBS is an institute with world class infrastructure and the best academic resources, is all set to create a new benchmark in management education.
Post Graduate Diploma in Management (PGDM) is TGBS’s two years flagship program approved by AICTE & Govt. of Maharashtra.
It is designed for graduates from diverse backgrounds to mould them into Mindful Leaders ready to take on the challenges in the VUCA world and manage in a global dimension.
The curriculum is crafted by a panel of experts from the industry and is updated regularly to meet the industry standards and requirements.
It combines theoretical knowledge and application based experiential learning.
Focus is laid on managerial skill building and personality development to enhance employability and entrepreneurial opportunities.
No wonder, this is one of Top 20 colleges for MBA in Mumbai.
Website ‘https://www.tgbsmumbai.in/index.html’
11. Jamnalal Bajaj Institute of Management Studies
The next college in our list of Top 20 colleges for MBA in Mumbai is JBIMS. The college is named after the very famous Indian philanthropist and industrialist. University of Mumbai have established the college in 1965. The college got established in alliance with Stanford University.
Over the years, the college has become one of the leading pioneer institutes of India. The college offers programmes in disciplines like Marketing, Personnel, Finance, and Operations & Systems.
The highest CTC offered by the students is 30 LPA with an average CTC of 18.31 LPA.
Check out their website at http://jbims.edu
12. Sydenham Institute of Management
SIMSREE is one of the top MBA colleges in Mumbai that got established in 1983. The college has been imparting excellence in academics since over 30 decades now. The awards/certifications of the college is a proof that it is one of the leading colleges of the city. It is also one of the top reasons to mention it in our list of Top 20 colleges for MBA in Mumbai.
The college offers MMS and PGDBM programmes. Both these are approved by the All India Council for Technical Education (AICTE). The college also offers 100% placement record over the years.
Check out their website at simsree.org/Simsree/
13. SIES College of Management Studies
SIES school of management studies is another college in our list of Top 20 colleges for MBA in Mumbai. It was in 1995 that the college got established. SIESCOMS has various national and international accreditations under its belt.
The college offers two courses and they are MMS and PGDM. The disciplines in which these courses are offered are Finance, Marketing, Operations and System & HR. The college also offers a 2-month summer training program to the students who just completed their 1st year. Their average salary package over the years has been over 6 LPA.
Check out their website at www.siescoms.edu
14. Tata Institute of Social Science
Talking about the Top 20 colleges for MBA in Mumbai, it is a no brainer to mention TISS. It was Sir Dorabji Tata Graduate School of Social Work who started this college in the year 1936. The college offers courses in Globalisation and Labour, Human Resources Management and Labour Relations, Social Entrepreneurship and Disaster Management.
Getting a graduation degree from TISS ensures an amazing placement in the future. Their highest CTC is 27 LPA. The average salary is 18.77 LPA. The top recruiters of the company are Reliance Industries, Accenture, Citi Bank, Cipla, and Ola.
Check out their website at www.tiss.edu
15. NL Dalmia Institute of Management Studies and Research
Late Shri Niranjanlalji Dalmia is the one who established this college in the year 1995. NLDIMSR is one of the top 10 colleges for MBA in Mumbai. The college is ISO 9001:2015 certified. The college offers programmes in PG, PG diploma, in doctoral levels. The streams in which these courses are offered are Finance, Marketing, Human Resources, and Business Systems.
The college also offers 4 certified short programmes. The college has also set up Bloomberg labs which is one of the financial labs of India. The college has got an A grade by NAAC.
Check out their website at https://www.nldalmia.in
16. Bombay Stock Exchange Institute
BSE institute is one of the oldest colleges of Mumbai that got established in 1875. This college offers some of the most unique courses like PGP, BMS, GFMP, and GFMP Edge. Altogether, they offer 137 courses in 5 streams. They also have certificate programmes for the students and the working experts.
The college is accredited by the AICTE. They are also certified with certified with ISO 9001:2008. It is a public college that is owned by the government. Their placements is obviously nice.
Check out their website at www.bsebti.com
17. National Institute of Management and Research Studies (NIMRS)
Next college in our list of Top 20 colleges for MBA in Mumbai is NIMRS. The college offers MBA and PGDM programmes in various disciplines. The streams in which they offer MBA are aviation management, logistics and supply chain management, and health care management.
A lot of top recruiting companies have their mention in this college too like Cognizant, Grofers, Ernst & Young, Deloitte, TCS, Sony, Spice jet, Swiss Re, and KPMG.
Check out their website at https://www.nimrindia.com
18. ICFAI Business School
ICFAI is one of the top business schools in the country. The college got established in 1995. They offer two-year PGPM programme in the field of Management. The collaborations of the college make it one of the Top 20 colleges for MBA in Mumbai.
HDFC Joint Certification Program for placement, IBS-Venture academy in collaboration with University of Essex, UK, and Dimensions, the Journal of Management of IBS Mumbai are some of their linkages. The admission in this private institute is on the basis of entrance examinations.
Check out their website at www.ibsindia.org/ibs-mumbai/
19. Indian Institute of Digital Education
IIDE is one of the newest established colleges that came into existence just 5 years back, in 2016. This college comes in our list of Top 20 colleges for MBA in Mumbai because of its digital based education. The college offers online, offline, and hybrid video courses through 4 of their centres in Mumbai.
IIDE offers PG courses, online advanced certification courses, and a lot of short-term programmes in Digital Marketing and Business.
Their placement rate is 93% with the highest CTC till date of 9 LPA.
Check out their website at www.iide.co/master-mba-digital-marketing/
20. Amity University, Mumbai
The last college in our list of Top 20 colleges for MBA in Mumbai is Amity University. The Ritnand Balved Education Foundation is the one that have established this college. The college has been established under Maharashtra Govt. Act of 2014. The college is recognised by the UGC, AIU and COA.
By the ‘Times’ this college has been given the position of 49 in 2021. They have their corporate tie ups with the companies like IBM, Oracle, Sun Microsystems. Admission in this college is on the basis of merit and entrance based.
Check out their website at www.amity.edu/mumbai
Conclusion (Top 20 colleges for MBA in Mumbai)
Students willing to study management in any one of these Top 20 colleges for MBA in Mumbai must remember that good number of these institutions may be having a tough entrance system.
It may require writing competitive exams like MAT or CAT and passing them with a good score.
Students in case they are unable to write the above said exams have to likely go through an alternative procedure conducted by these Top 20 colleges for MBA in Mumbai to get a seat in them.
Couple of educational institutions from these Top 20 colleges for MBA in Mumbai may have their own exams also for admitting students into courses offered by them.
Students must be prepared to handle the entrance system.
Candidates however must remember that these Top 20 colleges for MBA in Mumbai are an icon of standards in the field of management education and hard work with determination can only help gain admission in these institutions.
Top 20 colleges for MBA in Mumbai maintain high standards and their popularity has crossed the boundaries of this nation.
What makes these top Top 20 colleges for MBA in Mumbai separate from other institutions is the high standards they follow with regards to teaching and learning.
Even amenities for students in these Top 20 colleges for MBA in Mumbai are said to be world class.
S Vishnu Sharmaa is with collegechalo.com in the news team where he writes articles related to the education sector in India. Journalism has always been a passion for him. He has over 20 years of enriching experience with various media organizations like Eenadu, Webdunia, News Today, Infodea. He also has a strong interest in writing stories related to Indian defense and Indian Railways.