Looking for the top Master of Business Administration colleges in Mumbai in 2026? Mumbai has over 15+ master of business administration colleges. Top government institutes include IIM Mumbai, SJMSOM, TISS Mumbai, JDBIMS , and leading private universities are K J Somaiya Institute of Management, IBS Mumbai, N. L. Dalmia Institute of Management Studies and Research, Mumbai Educational Trusts Institute Management Studies, KBS . These colleges offer Master of Business Administration, MBA/PGDM and other master of business administration programs. Admissions to these colleges are primarily conducted through exams such as CAT , XAT , NMAT , GMAT , IBSAT .
When selecting the best master of business administration 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 master of business administration colleges in Mumbai 2026 providing all key details on fees, placements, and entrance exams to help students make an informed choice.
Top Master of Business Administration Colleges in Mumbai 2026: Key Highlights
| Metric | Details |
| Total Colleges in Mumbai | 15+ |
| Top Exams Accepted | CAT , XAT , NMAT , GMAT , IBSAT |
| Ownership | ~69% Private, ~31% Government |
| Top Recruiters | Deloitte, HDFC Bank, Amazon, Axis Bank, Cipla |
| Average Fees | ₹ 1.04 L - ₹ 31.13 L |
| Average Placement | ₹ 12.50 L - ₹ 30.40 L |
Top Master of Business Administration Colleges in Mumbai by Rankings 2026
The NIRF 2025 is the most trusted ranking for master of business administration colleges in India, evaluating institutes on teaching, research, graduation outcomes, outreach, and perception. Below are the top 10 master of business administration colleges in Mumbai 2026 as per NIRF.
| College | 2025 | 2024 | 2023 |
| IIM Mumbai | 6 | 6 | 7 |
Government vs Private Master of Business Administration Colleges in Mumbai 2026
Master of Business Administration 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 Master of Business Administration Colleges in Mumbai 2026
| College | Avg Annual Fees (Total) | Entrance Exams | Average Placement Package | Median Placement Package | Highest Placement Package |
| IIM Mumbai | ₹ 18.00 L - ₹ 21.00 L | CAT, GMAT | ₹ 30.40 L | ₹ 30.40 L | ₹ 54.00 L |
| SJMSOM | ₹ 4.53 L | CAT | ₹ 28.00 L | ₹ 28.00 L | ₹ 72.00 L |
| TISS Mumbai | ₹ 13.70 L | MAH MBA CET | - | - | - |
| JDBIMS | - | CAT, XAT, ATMA, CMAT, MAH MBA CET | - | - | - |
Top Private Master of Business Administration Colleges in Mumbai 2026
| College | Avg Annual Fees (Total) | Entrance Exams | Average Placement Package | Median Placement Package | Highest Placement Package |
| K J Somaiya Institute of Management | ₹ 13.48 L - ₹ 21.37 L | CAT, XAT, NMAT, ATMA, CMAT | ₹ 12.50 L | ₹ 12.50 L | ₹ 20.30 L |
| IBS Mumbai | - | CAT, XAT, NMAT, IBSAT | - | - | - |
| N. L. Dalmia Institute of Management Studies and Research | - | CAT, XAT, GMAT, ATMA, CMAT, MAH MBA CET | - | - | - |
| Mumbai Educational Trusts Institute Management Studies | ₹ 5.76 L | MAH MBA CET | - | - | - |
| KBS | ₹ 2.75 L | CAT, XAT, ATMA, CMAT, MAH MBA CET | - | - | - |
Top Trending Courses in Master of Business Administration 2026
Master of Business Administration 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) , MBA in Finance , MBA in Marketing . 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, ATMA | ₹ 1.7 K - ₹ 71.47 L | ₹ 1.78 L - ₹ 34.23 L |
| MBA in Finance | K J Somaiya Institute of Management, Mumbai Institute of Management and Research (MIMR) | CAT, XAT, NMAT, GMAT, ATMA | ₹ 40.0 K - ₹ 19.60 L | ₹ 3.50 L - ₹ 17.10 L |
| MBA in Marketing | K J Somaiya Institute of Management | CAT, XAT, NMAT, GMAT, ATMA | ₹ 40.0 K - ₹ 21.52 L | ₹ 4.50 L - ₹ 13.72 L |
| MBA in Business Analytics | NMIMS Mumbai | CAT, XAT, NMAT, GMAT, ATMA | ₹ 4.0 K - ₹ 28.13 L | ₹ 2.66 L - ₹ 27.28 L |
| MBA in Human Resource Management | Mumbai Institute of Management and Research (MIMR) | CAT, XAT, NMAT, GMAT, ATMA | ₹ 12.0 K - ₹ 25.30 L | ₹ 3.50 L - ₹ 17.02 L |
| MBA in Marketing Management | Thakur Institute of Management Studies and Research, Mumbai Institute of Management and Research (MIMR) | CAT, XAT, NMAT, GMAT, ATMA | ₹ 5.3 K - ₹ 21.29 L | ₹ 3.50 L - ₹ 12.00 L |
| MBA in International Business | - | CAT, XAT, NMAT, GMAT, ATMA | ₹ 4.0 K - ₹ 22.80 L | ₹ 2.66 L - ₹ 37.00 L |
| MBA in Human Resources | K J Somaiya Institute of Management, NMIMS Mumbai | CAT, XAT, NMAT, GMAT, ATMA | ₹ 70.0 K - ₹ 31.13 L | ₹ 4.50 L - ₹ 18.64 L |
| MBA in Logistics And Supply Chain Management | ILAM, National Institute of Management, Mumbai | CAT, XAT, NMAT, GMAT, ATMA | ₹ 20.0 K - ₹ 12.28 L | ₹ 2.66 L - ₹ 8.61 L |
| MBA in Information Technology | - | CAT, XAT, NMAT, GMAT, ATMA | ₹ 12.0 K - ₹ 15.74 L | ₹ 5.00 L - ₹ 12.63 L |
Entrance Exams Accepted by Top Master of Business Administration Colleges in Mumbai 2026
Admission to the top Master of Business Administration colleges in Mumbai is primarily determined through national, institute-level, and state-level entrance exams.
| Exam | Top Accepting Colleges | Exam Date (2026) |
| CAT | IIM Mumbai, SJMSOM, K J Somaiya Institute of Management | 30 Nov 2025 |
| XAT | K J Somaiya Institute of Management, IBS Mumbai, N. L. Dalmia Institute of Management Studies and Research | 4 Jan 2026 |
| NMAT | K J Somaiya Institute of Management, IBS Mumbai, NMIMS Mumbai | - |
| GMAT | IIM Mumbai, N. L. Dalmia Institute of Management Studies and Research, Mumbai Institute of Management and Research (MIMR) | - |
| MAH MBA CET | N. L. Dalmia Institute of Management Studies and Research, Mumbai Educational Trusts Institute Management Studies, KBS | - |
| ATMA | K J Somaiya Institute of Management, N. L. Dalmia Institute of Management Studies and Research, KBS | - |
| CMAT | K J Somaiya Institute of Management, N. L. Dalmia Institute of Management Studies and Research, KBS | 25 Jan 2026 |
| IBSAT | IBS Mumbai | 27 Dec - 28 Dec 2025 |
| NMIMS NPAT | NMIMS Mumbai | - |
FAQ About Master of Business Administration Colleges in Mumbai 2026
Which is the No.1 master of business administration college in Mumbai?
According to NIRF 2026, the No.1 master of business administration college in Mumbai is IIM Mumbai , followed by SJMSOM and TISS Mumbai .
Which entrance exam is required for master of business administration?
For admission to top master of business administration colleges in Mumbai, students primarily need to appear for CAT , XAT , NMAT , GMAT and IBSAT .
What is the average master of business administration fee in Mumbai?
The average fees range from ₹ 1.04 L - ₹ 31.13 L per year. Government colleges typically charge ₹ 18.00 L - ₹ 21.00 L per year, while private colleges may charge ₹ 13.48 L - ₹ 21.37 L per year.
Which private master of business administration college has the best placements?
Among private institutions, K J Somaiya Institute of Management and IBS Mumbai and N. L. Dalmia Institute of Management Studies and Research have the strongest placement records.