Looking for the top Management colleges in Mumbai in 2026? Mumbai has over 76+ management colleges. Top government institutes include IIM Mumbai, SJMSOM, SIMSREE, Welingkar Mumbai, N. L. Dalmia Institute of Management Studies and Research , 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 , IBSAT .
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 2026 providing all key details on fees, placements, and entrance exams to help students make an informed choice.
Top Management Colleges in Mumbai 2026: Key Highlights
| Metric | Details |
| Total Colleges in Mumbai | 76+ |
| Top Exams Accepted | CAT , XAT , NMAT , GMAT , IBSAT |
| Ownership | ~85% Private, ~15% Government |
| Top Recruiters | Deloitte, HDFC Bank, KPMG, Axis Bank, ICICI Securities |
| Average Fees | ₹ 6.0 K - ₹ 94.63 L |
| Average Placement | ₹ 2.90 L - ₹ 33.00 L |
Top Management Colleges in Mumbai by Rankings 2026
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 2026 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 2026
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 2026
| College | Avg Annual Fees (Total) | Entrance Exams | Average Placement Package | Median Placement Package | Highest Placement Package |
| IIM Mumbai | ₹ 6.0 K - ₹ 21.00 L | CAT, GMAT | ₹ 30.40 L | ₹ 30.40 L | ₹ 54.00 L |
| SJMSOM | ₹ 14.39 L - ₹ 42.00 L | CAT | ₹ 28.00 L | ₹ 28.00 L | ₹ 72.00 L |
| SIMSREE | ₹ 51.0 K - ₹ 1.53 L | MAH MBA CET | ₹ 10.90 L - ₹ 15.20 L | ₹ 10.90 L - ₹ 13.10 L | ₹ 20.00 L - ₹ 26.30 L |
| Welingkar Mumbai | ₹ 11.8 K - ₹ 14.00 L | CAT, XAT, GMAT, ATMA, CMAT, MAH MBA CET | ₹ 9.70 L - ₹ 12.50 L | ₹ 10.70 L - ₹ 11.70 L | ₹ 19.00 L - ₹ 40.00 L |
| N. L. Dalmia Institute of Management Studies and Research | ₹ 16.50 L - ₹ 18.88 L | CAT, XAT, GMAT, ATMA, CMAT, MAH MBA CET | ₹ 8.80 L | ₹ 8.80 L | ₹ 17.00 L |
Top Private Management Colleges in Mumbai 2026
| 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 | ₹ 24.40 L - ₹ 33.00 L | ₹ 30.00 L - ₹ 32.30 L | ₹ 50.00 L - ₹ 89.00 L |
| JBIMS Mumbai | ₹ 48.4 K - ₹ 7.00 L | CAT, XAT, ATMA, CMAT, MAH MBA 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 | CAT, GMAT | - | - | - |
| BITS School of Management | ₹ 28.55 L | CAT, GMAT | ₹ 23.50 L | ₹ 23.50 L | ₹ 45.00 L |
| K J Somaiya Institute of Management | ₹ 3.45 L - ₹ 22.32 L | CAT, XAT, NMAT, GMAT, ATMA, CMAT | ₹ 12.50 L | ₹ 12.50 L | ₹ 20.30 L |
Top Trending Courses in Management 2026
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) , MBA in Finance . 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 | CAT, XAT, NMAT, GMAT, SNAP | ₹ 5.3 K - ₹ 27.00 L | ₹ 2.00 L - ₹ 34.23 L |
| Bachelor of Business Administration(BBA) | NMIMS Mumbai | CAT, XAT, SNAP, MAH MBA CET, SET Exam | ₹ 4.3 K - ₹ 19.50 L | ₹ 1.50 L - ₹ 14.00 L |
| MBA in Finance | Mumbai Institute of Management and Research (MIMR) | CAT, XAT, NMAT, GMAT, SNAP | ₹ 40.0 K - ₹ 19.60 L | ₹ 3.50 L - ₹ 17.10 L |
| MBA in Marketing | - | CAT, XAT, NMAT, GMAT, SNAP | ₹ 40.0 K - ₹ 21.52 L | ₹ 3.50 L - ₹ 13.35 L |
| MBA in Business Analytics | NMIMS Mumbai | CAT, XAT, NMAT, GMAT, SNAP | ₹ 54.0 K - ₹ 28.13 L | ₹ 4.50 L - ₹ 27.28 L |
| Post Graduate Diploma in Management (PGDM) | Welingkar Mumbai, Thakur Institute of Management Studies and Research, Atharva Institute of Management Studies, IES MCRC, GNIMS Mumbai | CAT, XAT, NMAT, GMAT, KMAT Karnataka | ₹ 13.0 K - ₹ 28.00 L | ₹ 1.50 L - ₹ 21.00 L |
| MBA in Human Resource Management | Mumbai Institute of Management and Research (MIMR) | CAT, XAT, NMAT, GMAT, SNAP | ₹ 18.1 K - ₹ 25.30 L | ₹ 3.50 L - ₹ 12.43 L |
| bachelor-of-business-administration-bba | ISMT | CAT, XAT, SNAP, MAH MBA CET, SET Exam | ₹ 27.8 K - ₹ 5.00 L | ₹ 2.61 L - ₹ 2.70 L |
| MBA in Marketing Management | Thakur Institute of Management Studies and Research, Mumbai Institute of Management and Research (MIMR) | CAT, XAT, NMAT, GMAT, SNAP | ₹ 18.1 K - ₹ 14.38 L | ₹ 3.50 L - ₹ 12.24 L |
| Bachelor of Business Administration | RIMS International School and Junior College, JDBIMS | CAT, XAT, SNAP, MAH MBA CET, SET Exam | ₹ 4.3 K - ₹ 5.84 L | ₹ 3.50 L - ₹ 9.00 L |
Entrance Exams Accepted by Top Management Colleges in Mumbai 2026
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 (2026) |
| CAT | SP Jain (SPJIMR), IIM Mumbai, JBIMS Mumbai | - |
| 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 | - |
| GMAT | SP Jain (SPJIMR), IIM Mumbai, SP Jain School of Global Management | - |
| MAH MBA 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 | GNIMS Mumbai | - |
| IBSAT | IBS Mumbai | 27 Dec - 28 Dec 2025 |
| NMIMS NPAT | NMIMS Mumbai, Pravin Dalal School | - |
| UGAT | AIMSR | - |
FAQ About Management Colleges in Mumbai 2026
Which is the No.1 management college in Mumbai?
According to NIRF 2026, 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 IBSAT .
What is the average management fee in Mumbai?
The average fees range from ₹ 6.0 K - ₹ 94.63 L per year. Government colleges typically charge ₹ 6.0 K - ₹ 21.00 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.