Top MBA Colleges in Mumbai – Cutoffs, Placements and Fees
Getting Admission in any top MBA colleges in Mumbai is a huge task, everyone is trying to bag an MBA seats in Top MBA colleges in Mumbai and in other cities of the country. Both parents and candidates were in dilemma while selecting a management institute for MBA program, as it is huge decision for someone’s career to step into the corporate world. Everyone should follow different factors while choosing an MBA college – Rankings, Accreditation, Curriculum, Infrastructure, Location, Internship, Alumni Pool & Feedback, Cutoffs, Placements, Fee Structure, etc.
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In this article, we are making it bit easier for you which would be helpful to select an MBA college among the pool of Top MBA Colleges in Mumbai, sharing a list of Top MBA Colleges in Mumbai along with their Cutoffs, Placements, Fee Structure, Courses, etc.
Jamnalal Bajaj Institute of Management Studies (JBIMS)
Jamnalal Bajaj Institute of Management Studies (JBIMS) is famously called as the “CEO Factory” in corporate circle is being creating business magnets since its inception in 1965. JBIMS Mumbai, is one of the premier B-Schools in India, the institute has unswervingly striven to develop a learning environment that fosters innovation and brings out the leadership potential inherent in its students.
| Programmes | MMS, M.Sc. Finance |
| Entrance Exams | MAHCET, CAT and GMAT |
| Cutoffs | 99.87 (MS) and 99.99 (OMS) |
| Average Package | 18.76 Lakhs |
| Highest Package | 34.30 Lakhs |
| No. of Students | 116 |
| No. of PPOs/PPIs | 68 |
| No. of Participating Companies | 72 |
| No. of New Recruiters | 24 |
| Fee Structure | 06.00 Lakhs |
| Seats Intake | 120 (MMS) |
(Top MBA Colleges in Mumbai – Cutoffs, Placements and Fees – JBIMS Mumbai)
Shailesh J. Mehta School of Management (SJMSOM) – IIT Bombay
Shailesh J. Mehta School of Management which is commonly known as SJMSOM is a public management school and also the part of Indian Institute of Technology Bombay (IIT – Bombay). SJMSOM is started in the year 1995 with the objective of transforming professionals with technological background to “Renaissance Leaders” of tomorrow.
| Programmes | Master of Management |
| Entrance Exams | CAT and GMAT |
| Cutoffs | 97.5 in CAT |
| Average Package | 17.63 Lakhs |
| Highest Package | 29.90 Lakhs |
| No. of Students | 115 |
| No. of PPOs/PPIs | 48 |
| No. of Participating Companies | 52 |
| No. of New Recruiters | 17 |
| Fee Structure | 04.60 Lakhs (No Tuition Fees for ST/SC) |
| Seats Intake | 220 |
(Top MBA Colleges in Mumbai – Cutoffs, Placements and Fees – SJMSOM Mumbai)
National Institute of Industrial Engineering (NITIE)
National Institute of Industrial Engineering (NITIE) Mumbai is a public management institute established in 1963. Earlier it was known as National Institute for Training in Industrial Engineering. The institute is recognized one among the 15 Centers of Excellence along with the Indian Institutes of Management (IIMs), Indian Institutes of Technology (IITs) and Indian Institute of Science (IISc) by the Ministry of HRD, Government of India.
| Programmes | PGDIE, PGDIM, PGDISEM, PGDMM, PGDPM |
| Entrance Exams | CAT |
| Cutoffs | PGDIM (97) and PGDISEM (86) |
| Average Package | 15.83 Lakhs |
| Highest Package | 39.50 Lakhs |
| No. of Students | 395 |
| No. of PPOs/PPIs | 83 |
| No. of Participating Companies | 115 |
| No. of New Recruiters | 32 |
| Fee Structure | 8.10 Lakhs |
| Seats Intake | PGDIM – 274 & PGDISEM – 39 |
(Top MBA Colleges in Mumbai – Cutoffs, Placements and Fees – NITIE Mumbai)
SP Jain Institute of Management and Research (SPJIMR)
SP Jain Institute of Management and Research (SPJIMR) Mumbai is a private business school, established in 1981 by Bharatiya Vidya Bhavan. The institute was inaugurated by the Rt. Hon. Margaret Thatcher was then British Prime Minister. Initially, SP Jain was affiliated to Mumbai University to provide itself more freedom in curriculum; it disaffiliated itself from the university. SPJIMR has been ranked consistently among the top 10 B-schools of India and also been in the top B-schools of Asia Pacific region.
| Programmes | PGDM, PGPM, GMP, PGMPW |
| Entrance Exams | CAT, XAT, GMAT |
| Cutoffs | 85 |
| Average Package | 20.90 Lakhs |
| Highest Package | 39.50 Lakhs |
| No. of Students | 229 |
| No. of PPOs/PPIs | 86 |
| No. of Participating Companies | 104 |
| No. of New Recruiters | 51 |
| Fee Structure | 16.00 Lakhs |
| Seats Intake | 240 + 36 (OCI/PIO/FN) = 276 (Max) |
(Top MBA Colleges in Mumbai – Cutoffs, Placements and Fees – SPJIMR Mumbai)
Narsee Monjee Institute of Management Studies (NMIMS)
School of Business Management – SVKM’s NMIMS University is a private deemed university established in the year 1981. The university is named after the entrepreneur Late. Shri. Narsee Monjee. It is one among the premier business schools of India located in the financial hub and nerve centre of the country.
The institute has linkages with a number of globally renowned foreign universities such as the Grenoble Ecole de Management, France, ESSCA, France, Hungary and Shanghai, Kedge Business School (Previously known as EUROMED) Marseille, France; HHL Leipzig School of Management, Germany, University of South Florida, USA, Rotterdam Business School, Netherlands and Macquarie University, Australia, HEC, Lausanne to name a few.
| Programmes | MBA |
| Entrance Exams | NMAT by GMAC |
| Cutoffs | 208 |
| Average Package | 17.58 Lakhs |
| Highest Package | 34.11 Lakhs |
| No. of Students | 522 |
| No. of PPOs/PPIs | 250 |
| No. of Participating Companies | 166 |
| No. of New Recruiters | 51 |
| Fee Structure | 17.50 – MBA/MBA (HR) & 10.50 – MBA (PM) |
| Seats Intake | MBA – 500, MBA (HR) & (PM) – 60 each |
(Top MBA Colleges in Mumbai – Cutoffs, Placements and Fees – NMIMS Mumbai)
Sydenham Institute of Management Studies, Research & Entrepreneurship Education (SIMSREE)
SIMSREE is the parent institute of Sydenham College is one of the most renowned Commerce Colleges in India. Sydenham College, “the first college of commerce in Asia,” was established in October 1913. It was named after the then-governor of Bombay, Lord Sydenham of Combe, who was instrumental in making the undergraduate degree of Bachelor of Commerce possible in Mumbai.
Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE) was started in the year 1983. Since then, SIMSREE has endeavored to produce global managers of shining excellence.
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| Programmes | MMS, PGDBM |
| Entrance Exams | MAHCET, CAT, XAT, CMAT |
| Cutoffs | CET – 99.6 (MS), 99.97 (OMS) CMAT – 255 |
| Average Package | 10.60 Lakhs |
| Highest Package | 16.18 Lakhs |
| No. of Students | 169 |
| No. of Participating Companies | 121 |
| No. of New Recruiters | 42 |
| Fee Structure | 01.34 Lakhs |
| Seats Intake | 120+60 = 180 |
(Top MBA Colleges in Mumbai – Cutoffs, Placements and Fees – SIMSREE Mumbai)
KJ Somaiya Institute of Management Studies and Research (SIMSR)
KJ Somaiya Institute of Management Studies and Research (SIMSR) was established in 1981 as a part of Somaiya Vidyavihar with the objective of providing state of the art education in management and allied areas. The institute is consistently ranked among top 25 management institutes and top 10 private sector B-schools in India. The institute offers full time, part time and executive programmes in Business Management along with Masters in Computer Applications and Doctoral Programmes. All the programmes are approved by All India Council of Technical Education, Ministry Of HRD, Govt. of India and University of Mumbai.
| Programmes | MMS, PGDM |
| Entrance Exams | MAHCET, CAT, XAT, CMAT |
| Cutoffs | CET – 99.3 (MS), 99.97 (OMS), CAT – 87, CMAT – 240 |
| Average Package | 09.19 Lakhs |
| Highest Package | 24.00 Lakhs |
| No. of Students | 480 |
| No. of Participating Companies | 257 |
| No. of New Recruiters | 55 |
| Fee Structure | MMS – 02.00 Lakhs, PGDM – 09.48 Lakhs |
| Seats Intake | MMS – 120, PGDM – 120+18 (FN/PIO/CIGW) |
(Top MBA Colleges in Mumbai – Cutoffs, Placements and Fees – KJ Somaiya Mumbai)
Prin. LN Welingkar Institute of Management, Development & Research (We School)
Prin. LN Welingkar was established in 1977, by the S P Mandali, a charitable trust headed by Former Chief Justice of India, Jusctice Y V Chandrachud and that manages 43 educational institutes in Maharashtra. Strategically located, Welingkar has been regularly acclaimed as the fastest transforming B-school in the country based on its formidable reputation earned for its pragmatic approach to management education.
Welingkar has been exponentially strengthening its relationship with the student and corporate community. Every year, over 250 companies visit Welingkar to recruit our Management graduates. Welingkar has good alliances with international universities like Haifa University Israel, Lancaster University UK, University of Western Australia, University of Hull UK, and many more.
| Programmes | MMS, PGDM |
| Entrance Exams | MAHCET, CAT, XAT, CMAT, ATMA, MAT |
| Cutoffs | CET – 99.01 (MS), 99.91 (OMS), CAT – 85, CMAT – 225 |
| Average Package | 07.00 Lakhs |
| Highest Package | 18.00 Lakhs |
| Fee Structure | MMS – 03.00 Lakhs, PGDM – 11.50 Lakhs |
| Seats Intake | MMS – 120, PGDM – 180 |