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Best MBA Colleges In Mumbai

best mba colleges in mumbai

Do you want to build your career in the city which is known as the city of dreams? Do you want to pursue MBA from Mumbai? Are you thinking which colleges under Mumbai University will be the best for you? Looking for a definite list of best MBA colleges in Mumbai?

Colleges in Mumbai means a milieu of top-class academics, students from all over India, a lot of activities outside classes, hangouts, and fun. Mumbai still is a city of dreams. Mumbai is a city of some great stories; stories of rags to riches; stories about big dreams becoming real.

Do you want to explore your chances? This blog will give you good details about the best MBA colleges in Mumbai.

List of best MBA colleges in Mumbai

Following are the 6 best MBA colleges in Mumbai (as per NIRF India Ranking 2023):

Name of the CollegeNIRF 2023 Ranking
National Institute of Industrial Engineering, Mumbai7
Indian Institute of Technology Bombay10
S. P. Jain Institute of Management & Research20
SVKM’s Narsee Monjee Institute of Management Studies21
K.J. Somaiya Institute of Management45
Principal L N Welingkar Institute of Management Development and Research73

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Check this out Best Colleges in India (Engineering, Medical, Management, Art & Humanities) based on the 2023 ranking

About best MBA College in Mumbai

In this section, we will introduce you with the explanation of above-mentioned list of top 6 MBA colleges in Mumbai:

National Institute of Industrial Engineering, Mumbai

National Institute of Industrial Engineering (NITIE) is a postgraduate institute of public administration located in Mumbai. NITIE Mumbai has been recognized as one of India’s Ivy-League B-Schools for 5 decades by MHRD. The Impact Ranking 2021 recently ranked 68th in the world and 3rd in India for SDG Goal 8. NITIE Mumbai offers PGDIE and PGDIM as flagship programs which are equivalent to M.Tech and MBA degrees respectively.

Apart from core programmes, NITIE Mumbai offers PGDSEM, PGDMM, PGDPM, PGDEx–VLFM, FPM and certificate courses. In addition to this, the institute annually trains more than 2000 professionals through various week-long Management Development Programs (MDPs) and Unit Programs (UBPs) in various fields of industrial construction and management.

Indian Institute of Technology Bombay

IIT Bombay is an autonomous technical and research university in Mumbai, India. It is ranked 172 in the world and 2nd in India in the QS World University Rankings 2023.

IIT Bombay is among the top 3 engineering colleges in India. The institute offers 139 courses in engineering, management, pure sciences and humanities. The institute also offers Massive Open Online Courses (MOOCs) through the IITBombayX online platform.

S. P. Jain Institute of Management & Research

SPJIMR Mumbai is a private management college ranked 20th in NIRF 2023. SP Jain Institute of Management is part of Bharatiya Vidhya Bhawan and is recognized by NBA, UGC and AACSB (Association of Advanced Collegiate Schools of Business).

The college offers full-time residential courses like PGDM, PGPM, GMP (Global Management Programme), PGMPW (Post Graduate Management Program for Women) and FPM programmes. The college also offers 5 family business management courses, 2 entrepreneurship programs, 2 global programs, 1 executive program and 3 social sector programs. SPJIMR offers its management courses like PGEMP in Mumbai campus and PGPGM in Delhi campus.

Narsee Monjee Institute of Management Studies

NMIMS is considered an autonomous university. The university has 17 specialized schools and 7 campuses across India. NMIMS campuses are located in Shirpur, Navi Mumbai, Hyderabad, Indore, Dhule and Bangalore. NMIMS Mumbai is accepting applications for admission to various UG and PG courses.

Candidates can apply for these courses based on NPAT, NMIMS CET, NMIMS DAT and NMIMS LAT. Recently, NMIMS Mumbai completed its recruitment for 2022 with a total of 130 recruiters for placements in the main MBA programme.

mba colleges in mumbai

K.J. Somaiya Institute of Management

KJ Somaiya Institute of Management is a private, autonomous business school affiliated to Somaiya Vidyavihar University, Mumbai. It is ranked 56th by NIRF 2021 in the list of best management colleges in India. The college offers a 2-year full-time flagship MBA program. The College accepts applications for admission to MBA HCM/ MBA SM/ MBA (Part-time) programmes.

Principal L N Welingkar Institute of Management Development and Research

Prin. L. N. Welingkar Institute of Management Development & Research also known as Welingkar is one of the top management colleges in India. The college has 2 campuses i.e., Mumbai and Bangalore. The college offers PGDM program in Business Design, E-Business, Research and Business Intelligence, Healthcare Management, Retail Management, Rural Management, Media and Entertainment.

Admission to PGDM programs of the college is offered on the basis of CAT, XAT, ATMA, GMAT scores. Check Welingkar Mumbai Courses and Fees. Welingkar Mumbai is the sixth institution from Mumbai to be ranked 72nd among the top 100 management institutes in the National Institutional Ranking System (NIRF) 2021 list.


In a nutshell, colleges in Mumbai under Mumbai University caters to a wide spectrum of course choices. But before you choose the courses and the college where you want to study, it makes good sense to take an expert’s advice.

Now that you have all the lists you wanted for best MBA colleges in Mumbai. Do you want to make a career decision now? Not settled yet? In case, you feel indecisive or confused, do dial us up.

At iDreamCareer with the help of our Career Counselling and Guidance Services and educational counsellor, we try to help young confused minds from 9th class10th classclass 11class 12 with an aim to select their most-suited career choices.


Which college is best for Finance college in Mumbai?

Jamnalal Bajaj Institute of Management Studies is one of the best Finance colleges in Mumbai.

Is SP Jain and SPJIMR the same?

Yes, both are same.

Is IBS Mumbai an AICTE approved?

No, IBS Mumbai is not an AICTE approved.

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