Best MBA College in Mumbai
In the dynamic corporate landscape, staying ahead requires a blend of theoretical knowledge and practical skills, making an MBA a valuable asset. Mumbai, India’s financial hub, hosts several prestigious MBA colleges. Here’s a comprehensive guide to the best MBA Colleges in Mumbai providing key details about each institution.
- SIES College of Management Studies:
- Established: 1995
- Campus Area: 3 acres
- Average Package: 8.05 LPA
- Fees: 7 lac
- Admission Criteria: CAT/MAT/XAT/CMAT/ATMA and MAH MBA CET
SIES College of Management Studies (SIESCOMS) in Nerul, Navi Mumbai, offers a two-year full-time Masters in Management Studies and a Post Graduate Diploma. With a faculty known for their expertise, SIESCOMS emphasizes high-quality management education, fostering positive interactions between students and teachers.
- N. L. Dalmia Institute of Management Studies and Research:
- Established: 1995
- Campus Area: 23 acres
- Average Package: 10.5 LPA
- Fees: 13.20 lac
- Admission Criteria: CAT/XAT/MAT/CMAT/MAH MBA CET and ATMA followed by online GDPI
N. L. Dalmia Institute of Management Studies and Research offers specialized courses in finance, marketing, human resources, and business systems. The institute boasts the first Bloomberg Finance Lab in Mumbai, providing students with top-notch infrastructure for practical learning.
- K J Somaiya Institute of Management:
- Established: 1981
- Campus Area: 72 acres
- Average Package: 12.28 LPA
- Fees: 10 lac
- Admission Criteria: CAT/XAT/CMAT/GMAT/NMAT and MAH MBA CET
As part of the K. J. Somaiya Trust, K J Somaiya Institute of Management aims to provide cutting-edge education in management. The curriculum emphasizes experiential learning through case studies, group projects, and class debates.
- Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE):
- Established: 1983
- Campus Area: 1 acre
- Average Package: 13.3 LPA
- Fees: 10.5 lac
- Admission Criteria: CAT/CMAT and MAH MBA CET
Operated under the University of Mumbai, SIMSREE, affiliated with Sydenham College of Commerce and Economics, is renowned for its management education. The institute focuses on utilizing limited infrastructure efficiently and offers a well-equipped library and outdoor amenities.
- TATA Institute of Social Sciences (TISS):
- Established: 1936
- Campus Area: 21 acres
- Average Package: 19.62 LPA
- Fees: 1.5 lac
- Admission Criteria: TISSNET MBA exam followed by an online personal interview
TISS, a public research institution, provides a comprehensive curriculum preparing students for industry standards. The institute’s collaborative learning model includes two-way lectures, group discussions, and industry insights.
- Narsee Monjee Institute of Management Studies (NMIMS):
- Established: 1981
- Campus Area: 12.6 acres
- Average Package: 23.07 LPA
- Fees: 17.5 lac
- Admission Criteria: NPAT followed by Case Discussion and Personal Interview (CD-PI)
Affiliated with the University of Mumbai, NMIMS integrates industry visits and internships into its curriculum. Despite infrastructure challenges, NMIMS has made significant progress in recent years, offering a vibrant campus in Andheri West.
- National Institute of Industrial Engineering (NITIE):
- Established: 1963
- Campus Area: 67 acres
- Average Package: 25.4 LPA
- Fees: 13.43 lac
- Admission Criteria: CAT exam followed by Group discussion and Personal Interview
Established with the support of the International Labour Organization, NITIE focuses on training talented personnel. The campus provides modern amenities, a business incubator, and contemporary classrooms.
- S. P. Jain Institute of Management and Research (SPJIMR):
- Established: 1981
- Campus Area: 45 acres
- Average Package: 26.06 LPA
- Fees: 20 lac
- Admission Criteria: CAT and GMAT exams
SPJIMR, a private management school, emphasizes inclusive, sustainable, value-based growth. The campus in Andheri West has modernized infrastructure, well-equipped classrooms, and a focus on social consciousness and extracurricular activities.
- Jamnalal Bajaj Institute of Management Studies (JBIMS):
- Established: 1965
- Campus Area: 1.77 acres
- Average Package: 27.63 LPA
- Fees: 6 lac
- Admission Criteria: MAH MBA CET/CMAT/CAT and GMAT exam
Part of the University of Mumbai, JBIMS has earned a reputation as one of the premier business schools in the Asia-Pacific region since 1965. The institute’s facilities include spacious classrooms, a well-maintained library, and extensive industry interaction.
- Shailesh J. Mehta School of Management (SJMSOM):
- Established: 1995
- Campus Area: 550 acres
- Average Package: 29.8 LPA
- Fees: 9 lac
- Admission Criteria: CAT exam
As part of the Indian Institute of Technology Bombay, SJMSOM aims to prepare managers with a comprehensive understanding of business operations. The school offers diversified and organized course material, and students can benefit from multiple Memorandums of Understanding for exchange programs with esteemed universities worldwide. The campus shares facilities with IIT Bombay, providing top-notch amenities and a beautiful learning environment.
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