Top 20 MBA/PGDM Management Colleges in Mumbai / Pune

Mumbai is the heart of the country and has been highly developed. The city offers the best opportunities for jobs. The MBA Institutions are also doing a commendable job of providing education to the students. The MBA Colleges in Mumbai and Pune are not restricted to any one category but are rather available in varied categories, with different fees, and offering different specializations. Some of the most preferred MBA Specialisations are Human Resources, Pharmaceutical Management, Law, Real Estate Management, Healthcare Management, Digital Transformation, and Business Analytics.

The placement record of the Top 20 MBA Colleges in Mumbai and Pune has been growing every year. Almost 90% of students are placed in top companies such as Accenture, Capgemini, Cognizant, Deloitte, Genpact, IBM, TCS, and Tech Mahindra every year. The students develop soft skills in addition to acquiring theoretical knowledge about the MBA Subjects. All of the details about the Best MBA Colleges in Pune and Mumbai for getting admission in 2025 are mentioned below.

Top MBA Colleges in Mumbai with fees

Mumbai is one of the best cities to pursue management education. Students can find a variety of colleges in the city with different fee structures to pursue an MBA Course. Candidates can choose the ones that are feasible for their budgets and dreams. The Top 20 MBA Colleges in Mumbai with their respective fees are mentioned here.

Top MBA colleges in Mumbai and Pune with NIRF Ranking

Mumbai has the best MBA Colleges in India,, and the NIRF Rankings reflect this. Some highly prestigious institutions, such as IIM Mumbai, IIT Bombay, and S. P. Jain Institute of Management and Research, are situated here and offer the best education to students.

Top MBA colleges in Mumbai and Pune: Admissions Eligibility Criteria

The admission criteria in the Top MBA Colleges in Mumbai & Pune are usually similar. However, every college has mandatory specifications that shall be followed to secure a seat in their MBA Course.

Every student who wants to pursue an MBA from the Top 10 MBA Colleges in Mumbai shall ensure that they have completed their Bachelor's degree from a recognized university with an aggregate score of more than 50%. The colleges like IIM Mumbai have fferent criteria which require the students to have an aggregate score of around 80-90% in their Bachelor's degree.

All students are required to clear the cutoff of the accepted entrance exam. For IIM Mumbai, the students need to clear CAT, GMAT, GRE, or IMAT with a high percentile. Following the cutoff rounds, the students shall be prepared to appear for the Group Discussion and Personal Interview Rounds as well.

Some colleges also require that the students have work experience of 1-2 years in a management field or any field relevant to education. The students should check the college's official brochure and notification for more detailed information.

Which are the most popular entrance exams accepted by MBA colleges in Mumbai and Pune

Entrance Exams are the only way to secure a seat in the Best MBA Colleges in Mumbai and Pune. Students cannot take up direct admissions at any cost. Colleges like IIM Mumbai, NMIMS Mumbai, and Symbiosis International University have their own specified entrance exams that they accept. Some of such exams are CAT, XAT, MAT, CMAT, SNAP, and NMAT.

The SNAP Exam primarily offers admission to Symbiosis International University. However, more colleges in Mumbai and Pune have been accepting the scores of the SNAP Exam as it is gaining more recognition lately. The NMAT Exam allows students to pursue an MBA Course from the NMIMS Deemed to be University. The exam is conducted in a CBT Mode for students sitting all across India. The NMAT 2026 Exam will take place from November 5th, 2025, to December 20th, 2025.

Different bodies conduct the National Level Exams like CAT, MAT, and CMAT and do not have the same schedule. The syllabus of all these exams is more or less similar, which makes the preparation easier for the students. However, securing a good rank and score in these exams is highly important because the competition is very high.

Top MBA colleges in Mumbai and Pune: Exam Schedule

Knowing the exam schedule of the entrance exam, which leads you to your dream college, is highly important for every MBA Aspirant. Exams like CAT, XAT, MAT, CMAT, and NMAT are accepted in the Best MBA Colleges in Mumbai & Pune for 2025 admissions.

The detailed schedule of the CAT 2025 Exam is mentioned below with their respective dates.

The schedule of the XAT 2026 Exam is mentioned below.

For the MAT 2025 Exam, the students are advised to follow the below mentioned schedule below.

The CMAT 2026 Schedule is tabulated below.

The SNAP 2025 Schedule is as mentioned below.

For the NMAT 2025 Exam, the schedule below might be tentatively followed.

Top 10 MBA colleges in Mumbai and Pune

1. Indian Institute Of Management–Mumbai (IIM–Mumbai)

IIM Mumbai is one of the most prestigious institutes in the world. Students from across the globe pursue an MBA at IIM Mumbai, which the Government wholly owns. The total fee for the MBA Course is around INR 21 Lakhs. The college accepts entrance exams such as CAT, GMAT, GRE, or IMAT ( IIM Mumbai Admission Test ).

2. S. P. Jain Institute of Management and Research

To understand the marketing perspective of Supply Chain and Information Management for building a career, the students can pursue a 2-year MBA Course from the S. P. Jain Institute of Management and Research. The course will cost each student around INR 9.5 Lakhs to INR 24 Lakhs.

3. K J Somaiya Institute of Management

K J Somaiya Institute of Management is one of the Top 5 MBA Colleges in Mumbai. The college provides practical exposure to each student in addition to theoretical knowledge. The students shall clear CAT, XAT, GMAT, NMAT, or CMAT to secure a seat in the MBA Course. The most famous MBA specializations of the college are Healthcare Management (MBA HCM), Sports Management (MBA SM), and Executive.

4. Institute of Chemical Technology (ICT)

After scoring a good percentile in the MAH MBA CET exam, one must apply for MBA Admissions at the Institute of Chemical Technology (ICT). It is a private institute that offers highly enriching global opportunities for students to grow during their course. The approximate fee for the MBA Course will be around INR 1.2 Lakhs, which is affordable for students.

5. Symbiosis Institute of Business Management - [SIBM], Pune

Symbiosis Institute of Business Management—[SIBM], Pune, already has a respectable name in the Marketing Industry. It is a private institute that offers an MBA Course at a fee between INR 17.2 Lakhs and INR 24.2 Lakhs. To secure their admission in 2025, students need to attempt the SNAP 2025 exam mandatorily.

6. SIES Graduate School of Technology

If the aspirant has cleared the CAT, XAT, CMAT, ATMA, GMAT, or MAH-CET with a good percentile, they shall apply for MBA Admissions at the SIES Graduate School of Technology. The students need to pay a total fee of INR 5.2 Lakhs to INR 7 Lakhs for the MBA Course in specializations such as Marketing, Finance, Operations, System and HR, and Operating Systems.

7. Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai

Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai, is a part of the IIT Bombay flagship course. The college is fully owned and funded by the Government which helps the students to bag government internships through the on-campus recruitment facilities. The fees for the total MBA Course can be around INR 7.17 Lakhs.

8. NMIMS Deemed-to-be-University

NMIMS Deemed-to-be-University is one of the best private MBA Colleges in Mumbai. NMIMS University accepts its entrance exam, i.e., NMAT 2025, for offering MBA Admissions. The University is famous for its MBA Course in specializations such as Human Resources, Pharmaceutical Management, Law, Real Estate Management, Healthcare Management, Digital Transformation, and Business Analytics.

9. University of Mumbai

Suppose the students wants to build their careers in the field of Marketing, Finance, Human Resources, Operations Management, Business Analytics, International Business, Healthcare Management, or Pharmaceutical Management. In that case, they shall aim to take admission in the MBA Course of the University of Mumbai. The fee for the total MBA Course at Mumbai University will be around INR 17,600 to INR 7.3 lakh.

10. N. L. Dalmia Institute of Management Studies and Research

N. L. Dalmia Institute of Management Studies and Research is a Government MBA Institute that offers an MBA Course at a fee of around INR 16.50 Lakhs. To secure a seat in the college in the 2025 academic year, students need to clear the CAT, XAT, GMAT, CMAT, MAT, ATMA, and MAH-CET exams.

Placement of Top 10 MBA colleges in Mumbai and Pune

Getting a stable job and earning a good amount after completing an MBA Degree from the Best MBA Colleges in Mumbai & Pune is the goal of almost every student. The colleges like SP Jain [SPJIMR], and IIM Mumbai - Indian Institute of Management ensure that such a student is fulfilled. The average package offered to an MBA Graduate is INR 30 LPA. Companies like Airtel, Baker Hughes, Bristlecone, Cisco, Cognizant, First Source, Genpact, Gyansys, and Hexaware hire multiple MBA Graduates every year from the Top 10 MBA Colleges in Mumbai.

Top MBA colleges in Mumbai and Pune: CAT Cutoff 2025

CAT is one of the oldest MBA Exams and is highly prestigious in India. The students need to score a credible percentile to secure a seat in the Best MBA Colleges in Mumbai & Pune through the CAT Score. The colleges like TISS, Tata Institute of Social Sciences, Mumbai accept a CAT Percentile of around 98 %ile which the GD Rounds, Personal Interview, and many more tests then follow.

Top 10 private MBA colleges in Mumbai and Pune

Private MBA Colleges have a fee structure that is higher than other colleges, but getting admission to the Top 10 Private MBA Colleges in 2025 is worth it because of the international opportunities they offer. MBA Colleges like NMIMS Deemed-to-be-University and Symbiosis International University allow students to build global connections and earn a salary amount as per international standards.

MBA Government colleges in Mumbai and Pune fees

The Public Owned and funded MBA Colleges are affordable to the students without sacrificing any facility provided by the private MBA Colleges. The students can easily expand their network within the government sector companies and ministries through internship programs and placement opportunities. The best Government MBA Colleges in Mumbai & Pune for 2025 are mentioned below.

Top 10 MBA colleges in Mumbai and Pune with low fees

With a low tuition fee structure, the students can easily tackle other expenses of living in Mumbai and Pune. Colleges like Armed Forces Medical College - [AFMC], Tata Institute of Social Sciences, and Savitribai Phule Pune University offer an MBA Course at a fee within a range of INR 68,000 to INR 1.5 Lakhs.

Top 20 MBA/PGDM Management Colleges in Mumbai / Pune

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