Looking for the top PGDM colleges in Mumbai in 2026? Mumbai has over 19+ pgdm colleges. Top government institutes include N. L. Dalmia Institute of Management Studies and Research, Garware Institute of Career Education and Development, JDBIMS , and leading private universities are SP Jain (SPJIMR), Welingkar Mumbai, Chetana's Institute of Management and Research, Thakur Institute of Management Studies and Research, Atharva Institute of Management Studies . These colleges offer PGDM, MBA/PGDM and other pgdm programs. Admissions to these colleges are primarily conducted through exams such as CAT , XAT , NMAT , GMAT , MAH MBA CET .
When selecting the best pgdm 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 pgdm colleges in Mumbai 2026 providing all key details on fees, placements, and entrance exams to help students make an informed choice.
Top PGDM Colleges in Mumbai 2026: Key Highlights
| Metric | Details |
| Total Colleges in Mumbai | 19+ |
| Top Exams Accepted | CAT , XAT , NMAT , GMAT , MAH MBA CET |
| Ownership | ~81% Private, ~19% Government |
| Top Recruiters | KPMG, Deloitte, Morgan Stanley, Amazon, HDFC Bank |
| Average Fees | ₹ 1.01 L - ₹ 26.50 L |
| Average Placement | ₹ 5.50 L - ₹ 32.10 L |
Government vs Private PGDM Colleges in Mumbai 2026
PGDM 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 PGDM Colleges in Mumbai 2026
| College | Avg Annual Fees (Total) | Entrance Exams | Average Placement Package | Median Placement Package | Highest Placement Package |
| N. L. Dalmia Institute of Management Studies and Research | ₹ 16.50 L | CAT, XAT, GMAT, ATMA, CMAT, MAH MBA CET | ₹ 8.80 L | ₹ 8.80 L | ₹ 17.00 L |
| Garware Institute of Career Education and Development | ₹ 2.00 L - ₹ 4.10 L | - | - | - | - |
| JDBIMS | - | CAT, XAT, ATMA, CMAT, MAH MBA CET | - | - | - |
Top Private PGDM Colleges in Mumbai 2026
| College | Avg Annual Fees (Total) | Entrance Exams | Average Placement Package | Median Placement Package | Highest Placement Package |
| SP Jain (SPJIMR) | ₹ 10.00 L - ₹ 26.50 L | CAT, XAT, NMAT, GMAT, ATMA, CMAT | ₹ 31.80 L - ₹ 32.10 L | ₹ 31.90 L - ₹ 32.00 L | ₹ 81.00 L - ₹ 89.00 L |
| Welingkar Mumbai | ₹ 1.01 L - ₹ 17.30 L | CAT, XAT, ATMA, CMAT, MAH MBA CET | ₹ 11.20 L - ₹ 12.50 L | ₹ 11.70 L - ₹ 12.40 L | ₹ 22.00 L - ₹ 40.00 L |
| Chetana's Institute of Management and Research | ₹ 9.40 L | CAT, XAT, ATMA, CMAT, MAH MBA CET | ₹ 8.00 L | ₹ 8.00 L | ₹ 15.00 L |
| Thakur Institute of Management Studies and Research | ₹ 10.50 L | CAT, XAT, ATMA, CMAT, MAH MBA CET | - | - | - |
| Atharva Institute of Management Studies | ₹ 10.20 L | CAT, XAT, ATMA, CMAT, MAH MBA CET | - | - | - |
Top Trending Courses in PGDM 2026
PGDM in Mumbai offers a wide range of courses to match industry demand and student interest. The most popular fields include Post Graduate Diploma in Management (PGDM) , PGDM in Finance , PGDM in Business Analytics . 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 |
| 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, MICAT | ₹ 6.0 K - ₹ 28.00 L | ₹ 1.50 L - ₹ 21.00 L |
| PGDM in Finance | N. L. Dalmia Institute of Management Studies and Research, AIMSR, IES MCRC, MET Institute of PGDM | CAT, XAT, NMAT, GMAT, MICAT | ₹ 1.16 L - ₹ 16.50 L | ₹ 5.80 L - ₹ 21.00 L |
| PGDM in Business Analytics | VBS Mumbai, IES MCRC, ISMT, VSM Institute | CAT, XAT, NMAT, GMAT, MICAT | ₹ 5.00 L - ₹ 26.55 L | ₹ 5.18 L - ₹ 22.75 L |
| PGDM in Marketing | VBS Mumbai, Chetana's Institute of Management and Research, AIMSR, IES MCRC, MET Institute of PGDM | CAT, XAT, NMAT, GMAT, MICAT | ₹ 78.0 K - ₹ 21.53 L | ₹ 5.80 L - ₹ 21.00 L |
| PGDM in Human Resource Management | Welingkar Mumbai, VBS Mumbai, AIMSR, VSM Institute | CAT, XAT, NMAT, GMAT, MICAT | ₹ 1.16 L - ₹ 12.30 L | ₹ 5.80 L - ₹ 11.40 L |
| PGDM in Human Resource | IES MCRC, ISMT, MET Institute of PGDM | CAT, XAT, NMAT, GMAT, MICAT | ₹ 3.20 L - ₹ 17.50 L | ₹ 6.00 L - ₹ 21.00 L |
| PGDM in International Business | ISMT, JDBIMS | CAT, XAT, NMAT, GMAT, MICAT | ₹ 1.16 L - ₹ 32.54 L | ₹ 6.48 L - ₹ 26.20 L |
| PGDM in Operations | MET Institute of PGDM | CAT, XAT, NMAT, GMAT, MICAT | ₹ 1.60 L - ₹ 12.60 L | ₹ 6.32 L - ₹ 11.21 L |
| PGDM in Agri Business Management | - | CAT, XAT, NMAT, GMAT, MICAT | ₹ 2.11 L - ₹ 11.25 L | ₹ 6.32 L - ₹ 7.50 L |
| PGDM in Financial Management | VSM Institute | CAT, XAT, NMAT, GMAT, MICAT | ₹ 78.0 K - ₹ 23.24 L | ₹ 5.21 L - ₹ 16.80 L |
Entrance Exams Accepted by Top PGDM Colleges in Mumbai 2026
Admission to the top PGDM 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), Welingkar Mumbai, N. L. Dalmia Institute of Management Studies and Research | - |
| XAT | SP Jain (SPJIMR), Welingkar Mumbai, N. L. Dalmia Institute of Management Studies and Research | 4 Jan 2026 |
| NMAT | SP Jain (SPJIMR), GNIMS Mumbai, VSM Institute | - |
| GMAT | SP Jain (SPJIMR), N. L. Dalmia Institute of Management Studies and Research, IES MCRC | - |
| CMAT | SP Jain (SPJIMR), Welingkar Mumbai, N. L. Dalmia Institute of Management Studies and Research | 25 Jan 2026 |
| ATMA | SP Jain (SPJIMR), Welingkar Mumbai, N. L. Dalmia Institute of Management Studies and Research | - |
| MAH MBA CET | Welingkar Mumbai, N. L. Dalmia Institute of Management Studies and Research, VBS Mumbai | - |
| SET Exam | GNIMS Mumbai | - |
| UGAT | AIMSR | - |
FAQ About PGDM Colleges in Mumbai 2026
Which is the No.1 pgdm college in Mumbai?
According to NIRF 2026, the No.1 pgdm college in Mumbai is N. L. Dalmia Institute of Management Studies and Research , followed by Garware Institute of Career Education and Development and JDBIMS .
Which entrance exam is required for pgdm?
For admission to top pgdm colleges in Mumbai, students primarily need to appear for CAT , XAT , NMAT , GMAT and MAH MBA CET .
What is the average pgdm fee in Mumbai?
The average fees range from ₹ 1.01 L - ₹ 26.50 L per year. Government colleges typically charge ₹ 16.50 L per year, while private colleges may charge ₹ 10.00 L - ₹ 26.50 L per year.
Which private pgdm college has the best placements?
Among private institutions, SP Jain (SPJIMR) and Welingkar Mumbai and Chetana's Institute of Management and Research have the strongest placement records.