Looking for the top Management colleges in Mumbai in 2025? Mumbai has over 75+ management colleges. Top government institutes include IIM Mumbai, SJMSOM, SIMSREE, TISS Mumbai, Garware Institute of Career Education and Development , and leading private universities are SP Jain (SPJIMR), JBIMS Mumbai, SP Jain School of Global Management, BITS School of Management, K J Somaiya Institute of Management . These colleges offer MBA/PGDM, MMS and other management programs. Admissions to these colleges are primarily conducted through exams such as CAT , XAT , NMAT , GMAT , SET Exam .
When selecting the best management colleges in Mumbai, students should consider factors such as NIRF rankings, placement records, return on investment (ROI), location, faculty, and specializations. This guide highlights the top-ranked management colleges in Mumbai 2025 providing all key details on fees, placements, and entrance exams to help students make an informed choice.
Top Management Colleges in Mumbai 2025: Key Highlights
| Metric | Details |
| Total Colleges in Mumbai | 75+ |
| Top Exams Accepted | CAT , XAT , NMAT , GMAT , SET Exam |
| Ownership | ~88% Private, ~12% Government |
| Top Recruiters | HDFC Bank, Deloitte, ICICI, Axis Bank, KPMG |
| Average Fees | ₹ 11.8 K - ₹ 94.63 L |
| Average Placement | ₹ 2.90 L - ₹ 36.30 L |
Top Management Colleges in Mumbai by Rankings 2025
The NIRF 2025 is the most trusted ranking for management colleges in India, evaluating institutes on teaching, research, graduation outcomes, outreach, and perception. Below are the top 10 management colleges in Mumbai 2025 as per NIRF.
| College | 2025 | 2024 | 2023 |
| IIM Mumbai | 6 | 6 | 7 |
| SP Jain (SPJIMR) | 20 | 20 | 20 |
| SVKM's NMIMS | 24 | 21 | 21 |
| K J Somaiya Institute of Management | 65 | 63 | 45 |
Government vs Private Management Colleges in Mumbai 2025
Management aspirants in Mumbai can choose between government-funded institutes known for their affordability and high ROI, and private universities that offer modern infrastructure, global exposure, and multiple entrance options. The comparison below will help you determine which path best aligns with your academic and career goals.
Top Government Management Colleges in Mumbai 2025
| College | Avg Annual Fees (Total) | Entrance Exams | Average Placement Package | Median Placement Package | Highest Placement Package |
| IIM Mumbai | ₹ 14.50 L - ₹ 15.00 L | CAT | ₹ 30.40 L | ₹ 30.40 L | ₹ 54.00 L |
| SJMSOM | ₹ 4.53 L - ₹ 42.00 L | CAT | ₹ 28.00 L | ₹ 28.00 L | ₹ 72.00 L |
| SIMSREE | ₹ 51.0 K - ₹ 1.53 L | MAH CET | ₹ 10.90 L - ₹ 15.20 L | ₹ 10.90 L - ₹ 13.10 L | ₹ 20.00 L - ₹ 26.30 L |
| TISS Mumbai | ₹ 35.0 K - ₹ 13.70 L | MAH CET | - | - | - |
| Garware Institute of Career Education and Development | ₹ 50.0 K - ₹ 8.41 L | - | - | - | - |
Top Private Management Colleges in Mumbai 2025
| College | Avg Annual Fees (Total) | Entrance Exams | Average Placement Package | Median Placement Package | Highest Placement Package |
| SP Jain (SPJIMR) | ₹ 25.0 K - ₹ 26.50 L | CAT, XAT, NMAT, GMAT, ATMA, CMAT | ₹ 23.90 L - ₹ 33.00 L | ₹ 32.00 L - ₹ 33.00 L | ₹ 52.00 L - ₹ 89.00 L |
| JBIMS Mumbai | ₹ 48.4 K - ₹ 7.00 L | CAT, XAT, ATMA, CMAT, MAH CET | ₹ 18.30 L - ₹ 26.10 L | ₹ 26.10 L | ₹ 28.00 L - ₹ 87.10 L |
| SP Jain School of Global Management | ₹ 18.0 K - ₹ 94.63 L | - | ₹ 19.80 L - ₹ 36.30 L | ₹ 24.00 L - ₹ 32.20 L | ₹ 78.10 L - ₹ 4.88 Cr |
| BITS School of Management | ₹ 24.50 L | CAT | ₹ 23.50 L | ₹ 23.50 L | ₹ 45.00 L |
| K J Somaiya Institute of Management | ₹ 21.37 L - ₹ 24.54 L | CAT, XAT, NMAT, ATMA, CMAT | ₹ 12.50 L | ₹ 12.50 L | ₹ 20.30 L |
Top Trending Courses in Management 2025
Management in Mumbai offers a wide range of courses to match industry demand and student interest. The most popular fields include Master of Business Administration (MBA) , Bachelor of Business Administration(BBA) , Post Graduate Diploma in Management (PGDM) . The table below highlights the top courses, their leading colleges, entrance exams, average fees, and placement packages.
| Course | Top Colleges | Entrance Exams | Average Fees (Total) | Average Package |
| Master of Business Administration (MBA) | SJMSOM, K J Somaiya Institute of Management, IBS Mumbai, Mumbai Educational Trusts Institute Management Studies, NMIMS Mumbai | XAT, NMAT, GMAT, CMAT, ATMA | ₹ 5.3 K - ₹ 27.96 L | ₹ 2.00 L - ₹ 35.22 L |
| Bachelor of Business Administration(BBA) | SP Jain School of Global Management, NMIMS Mumbai | CAT, XAT, SET Exam, ATMA, MAH CET | ₹ 4.3 K - ₹ 94.63 L | ₹ 1.50 L - ₹ 18.00 L |
| Post Graduate Diploma in Management (PGDM) | Welingkar Mumbai, Thakur Institute of Management Studies and Research, Atharva Institute of Management Studies, GNIMS Mumbai, Garware Institute of Career Education and Development | XAT, NMAT, GMAT, MICAT, CMAT | ₹ 13.0 K - ₹ 21.63 L | ₹ 1.50 L - ₹ 16.80 L |
| MBA in Finance | K J Somaiya Institute of Management | XAT, NMAT, GMAT, CMAT, ATMA | ₹ 40.0 K - ₹ 19.60 L | ₹ 4.50 L - ₹ 17.10 L |
| MBA in Business Analytics | NMIMS Mumbai | XAT, NMAT, GMAT, CMAT, ATMA | ₹ 54.0 K - ₹ 28.13 L | ₹ 4.50 L - ₹ 27.28 L |
| MBA in Marketing | K J Somaiya Institute of Management | XAT, NMAT, GMAT, CMAT, ATMA | ₹ 40.0 K - ₹ 21.52 L | ₹ 4.50 L - ₹ 13.35 L |
| Ph.D. in Management | NMIMS Mumbai, MET Institute of Management | CAT, XAT, NMAT, GMAT, OJEE | ₹ 5.7 K - ₹ 18.00 L | ₹ 4.50 L - ₹ 5.50 L |
| Bachelor of Business Administration | RIMS International School and Junior College, JDBIMS | CAT, XAT, SET Exam, ATMA, MAH CET | ₹ 4.3 K - ₹ 5.16 L | ₹ 3.50 L - ₹ 9.00 L |
| MBA in Human Resource Management | - | XAT, NMAT, GMAT, CMAT, ATMA | ₹ 18.1 K - ₹ 25.30 L | ₹ 4.60 L - ₹ 12.43 L |
| MBA in Marketing Management | Thakur Institute of Management Studies and Research | XAT, NMAT, GMAT, CMAT, ATMA | ₹ 18.1 K - ₹ 14.38 L | ₹ 3.50 L - ₹ 8.75 L |
Entrance Exams Accepted by Top Management Colleges in Mumbai 2025
Admission to the top Management colleges in Mumbai is primarily determined through national, institute-level, and state-level entrance exams.
| Exam | Top Accepting Colleges | Exam Date (2025) |
| CAT | SP Jain (SPJIMR), IIM Mumbai, JBIMS Mumbai | 30 Nov 2025 |
| XAT | SP Jain (SPJIMR), JBIMS Mumbai, K J Somaiya Institute of Management | 4 Jan 2026 |
| NMAT | SP Jain (SPJIMR), K J Somaiya Institute of Management, SDA Bocconi Asia Center | 5 Nov 2025 - 23 Dec 2025 |
| GMAT | SP Jain (SPJIMR), IES MCRC | - |
| MAH CET | JBIMS Mumbai, SIMSREE, Welingkar Mumbai | - |
| ATMA | SP Jain (SPJIMR), JBIMS Mumbai, K J Somaiya Institute of Management | - |
| CMAT | SP Jain (SPJIMR), JBIMS Mumbai, K J Somaiya Institute of Management | 25 Jan 2026 |
| SET Exam | VIVA Institute of Management and Research, GNIMS Mumbai, MET Institute of Management | - |
| SNAP | Talent Skillsvarsity | - |
| IBSAT | IBS Mumbai | 27 Dec - 28 Dec 2025 |
| NMIMS NPAT | NMIMS Mumbai, Pravin Dalal School, SoBA | - |
| UGAT | AIMSR | - |
FAQ About Management Colleges in Mumbai 2025
Which is the No.1 management college in Mumbai?
According to NIRF 2025, the No.1 management college in Mumbai is IIM Mumbai , followed by SJMSOM and SIMSREE .
Which entrance exam is required for management ?
For admission to top management colleges in Mumbai, students primarily need to appear for CAT , XAT , NMAT , GMAT and SET Exam .
What is the average management fee in Mumbai?
The average fees range from ₹ 11.8 K - ₹ 94.63 L per year. Government colleges typically charge ₹ 14.50 L - ₹ 15.00 L per year, while private colleges may charge ₹ 25.0 K - ₹ 26.50 L per year.
Which private management college has the best placements?
Among private institutions, SP Jain (SPJIMR) and JBIMS Mumbai and SP Jain School of Global Management have the strongest placement records.