Established in 2020, under the mentorship of the Vivekananda Education Society, Vivekananda Business School is among India’s top 10 business schools. VBS is a member of the Association to Advance Collegiate Schools of Business - AACSB. The institute offers PGDM and FPM programs.
VBS Mumbai’s flagship PGDM program is approved by the All India Council for Technical Education - AICTE, accredited by the National Board of Accreditation - NBA and recognized by the Association of Indian Universities. Candidates with a graduation degree can apply for this program and get admission on the basis of their CAT / MAT / XAT / GMAT / CMAT / ATMA / MH-CET scores. The institute also offers FPM in 4 research areas, including Marketing, Finance, Operations, and Human Resources.
In 2025, VBS Mumbai was ranked 13th under the Top B-Schools in Maharashtra State category by the IIRF B-Schools Ranking. The highest CTC offered at this institute is INR 21 LPA for international students and INR 12.23 LPA for Indian Students. The average CTC is INR 7.40 LPA.
VBS Mumbai Highlights 2025
The key highlights of the institute have been tabulated below:
| Established Year | 2020 |
|---|---|
| Also Known As | VBS Business School |
| Type | Private |
| Location | Collector Colony, Chembur, Mumbai - 400074 |
| Parent Institute | Vivekanand Education Society |
| International Accreditation | AACSB, |
| Approved By | AICTE, AIU, NBA |
| Courses offered | PGDM |
| MBA Fee | INR 9.50 Lakh |
| Selection | Entrance Basis |
| How to Reach |
By Air: The nearest airport to VBS Mumbai is Chhatrapati Shivaji International Airport (BOM), which is around 8 km away from the institute. By Train: The nearest railway stations to VBA Mumbai are Kurla -Central line, 3.9 km away, and Chembur -Harbour line, 3.3 km away. |
VBS Mumbai Fee 2025
The PGDM fee for Indian students is 9.50 lakh, payable in instalments. Students will be required to pay the first-year fee at the time of admission and the other semester instalment one month before the start of the respective semester. For the FPM program, VBS Mumbai fees is 60,000 per year.
| Courses | Fee |
|---|---|
| PGDM (Indian Students) | INR 9,50,000/- |
| PGDM (International Students) | $ 13,500 |
| FPM | INR 1,80,000/- |
Hostel Fee Details
| Particulars | Amount (AC Room) | Amount (Non-AC Room) |
|---|---|---|
| Accommodation Charges | ₹ 1,20,000 | ₹ 1,60,000 |
| Mess Fee (10 Months) | ₹ 90,000 | ₹ 90,000 |
| Security Deposit | ₹ 5,000 | ₹ 5,000 |
| Total Hostel Fee | ₹ 2,15,000 | ₹ 2,55,000 |
VBS Mumbai Courses 2025
Vivekananda Business School offers two courses, i.e. PGDM and FPM. The PGDM program with 6 specialisations is its flagship program, available with a two-year duration. The following tables show brief details about VBS Mumbai Courses 2025:
| Program Name | Electives | Duration | Eligibility Criteria | Selection Process |
|---|---|---|---|---|
| PGDM | Human Resources Management; Operations & Supply Chain Management; Entrepreneurship Management; Business Analytics; Banking & Finance; Marketing | 2 Years | Graduation with 50% | CAT / MAT / XAT / GMAT / CMAT / ATMA / MH-CET |
| FPM - Fellowship | Marketing; Human Resources; Operations; Finance | 3 Years | Master’s Degree with first class | Merit + Work Experience + Research Proposal + Personal Interview |
VBS Mumbai Admission Process 2025
The admissions at VBS Mumbai are finalised in four steps. Take a look at the following table to understand the VBS Mumbai admission criteria and process 2025:
| Admission Stages | Details |
|---|---|
| Application Process | VBS Mumbai invites online and offline applications. Applicants can either fill out the application form online, send the form along with a document via email, or send the required document to the VBS Admission office via post. |
| Entrance Exam | It is necessary for a student to appear and pass any of the CAT / MAT / XAT / GMAT / CMAT / ATMA / MH-CET entrance exams to apply for the VBS PGDM program. FPM applicants can apply without appearing for an entrance exam. |
| Personal Interview | On the basis of academic records and entrance exam scores, applicants will be shortlisted for a personal interview. |
| Academic & Work Experience Review | The candidate’s academic profile review is done for both programs’ admission. Work experience is mandatory for the FPM program. For the PGDM program, extracurricular activities like awards, work experience, and competitions carry 5% weightage. |
| Final Selection | PGDM: The final selection will be on the basis of entrance exam score, academic profile, personal interview, and extracurricular activities. FPM: The final selection for the FPM admissions at VBS will be on the basis of merit in PG degree, work experience, and research proposal submission, followed by a personal interview. |
VBS Mumbai Cut-Off 2025
The overall CAT cut-off 2025 is 75 percentile. Students can check the cutoff for all the accepted entrance examinations in the table below:
| Entrance Exam Name | Cut Off 2025 |
|---|---|
| CAT | 75 Percentile |
| MAT | 85 Percentile |
| XAT | 70 Percentile |
| CMAT | 75 Percentile |
| ATMA | 85 Percentile |
| MH-CET | 85 Percentile |
For the 2024 placement drive, 81% of students were placed. 52% of students were placed from the Banking & Finance batch, 26% of students from Marketing, 10% from Business Analytics, 8% of students from Operations, and 4% of students were placed from the HR batch. The highest package of the 2023-24 batch was INR 12.23 LPA, and the average package was INR 7.40 LPA.
| Particulars | Placement Statistics (2022-2024) |
|---|---|
| Highest Salary (International) | INR 21.00 LPA |
| Highest Salary (Domestic) | INR 12.23 LPA |
| Average Salary | INR 7.40 LPA |
| Median Salary | INR 7.40 LPA |
| Average Salary of Top 50% | INR 8.50 LPA |
| Average Salary of Top 25% | INR 9.85 LPA |
| Average Salary of Top 10% | INR 11.26 LPA |
| Total no. of recruiters visited the campus | 350 Recruiters |
| New recruiters | 56+ |
| Top recruiters | KPMG, Accenture, HDFC Bank, Bank of America, Amazon, NOAURA, Deloitte, Gerson Lehrman Group, Hindustan Unilever, P&G, Godrej, TCS, Oberoi IBC, Tata Motors, eClerX, Morgan Stanley, etc |
ITES/ ITE Communication sector recruited the highest number of students. The following tables share recruiting sectors and placement percentages of VBS Students:
| Sectors | Placement Percentage |
|---|---|
| ITES/ ITE Communication | 22% |
| BFSI | 18% |
| Consulting | 14% |
| Engineering | 7% |
| Logistics | 6% |
| Real Estate | 6% |
| Advertisement & Media | 6% |
| Pharma | 5% |
| FMCG | 5% |
| Education | 3% |
| Others | 8% |
Summer Internship Placements 2025
| Particulars | Internship Statistics (2025) |
|---|---|
| Highest Stipend | INR 21.00 LPA |
| Average Stipend | INR 8.50 Lakh |
| Batch Size | 180 |
| Total no. of companies that offered summer internships | L&T Realty, Nomura, Deloitte, ICICI Bank, Reliance Retail, etc. |
VBS Mumbai Rankings 2025
Vivekananda Business School, SJM School of Management, and AIMSR Mumbai are among the top B-schools in Mumbai. We have compared these three institutes on the basis of a number of factors like their campus sizes, MBA fees, entrance exams, placements, etc.
| Ranking Body | Category | Rank | Year |
|---|---|---|---|
| IIRF B-Schools Ranking | Top B-School in Maharashtra State | 13th | 2025 |
| Time of India B-School Survey | Top B-Schools in Mumbai for Placement | 7th | 2025 |
| Times | Times B-School Ranking for Placements | 39th | 2025 |
| Times of India | Top Private PGDM Institute in Mumbai | 8th | 2025 |
| Outlook iCare Ranking | Top Private B-Schools in Mumbai | 6th | 2024 |
| GHRDC B-School Survey | Top leading B-Schools of India) | 7th | 2024 |
| GHRDC B-School Survey | Top Private B-Schools in Maharashtra) | 4th | 2024 |
| Welingkar Mumbai | Management Category | 84th | 2024 |
VBS Mumbai V/s SJMSOM Mumbai V/s AIMSR Mumbai
Vivekananda Business School, SJM School of Management, and AIMSR Mumbai are among the top B-schools in Mumbai. We have compared these three institutes on the basis of a number of factors like their campus sizes, MBA fee, entrance exam, placements, etc.
| Comparison Factors | VBS Mumbai | SJMSOM, Mumbai | AIMSR Mumbai |
|---|---|---|---|
| Full Name | Vivekanand Education Society, Vivekanand Business School, Mumbai | Shailesh Jain Mehta, School of Management, Mumbai | Aditya Institute of Management Studies and Research, Mumbai |
| Affiliation | AICTE, AIU, NBA, AACSB | IIT Bombay | University of Mumbai, DTS, Govt. of Maharashtra |
| Campus Size | 9 Acres | 550 Acres | 2.75 Acres |
| MBA Fee | INR 9.50 Lakh | INR 20 Lakh | INR 2.63 Lakh |
| MBA Entrance Exams | CAT / MAT / XAT / GMAT / CMAT / ATMA / MH-CET | CAT | CAT / MAT / XAT / CMAT / ATMA |
| Number of Faculty | 18 | 26+ | 20 |
| Courses Available | PGDM, FPM | MBA PhD, IDDDP | MMS (MBA), MCA, BMS |
| Placement Rate | 81% | 100% | 75% |
| Highest CTC | INR 21 LPA | INR 72 Lakh | INR 16 LPA |
| Top Recruiters | Accenture, HDFC Bank, Bank of America, Amazon, NOAURA, Deloitte, Hindustan Unilever, P&G, Godrej, TCS, | Wipro, Deloitte, Amazon, Flipkart, Colgate-Palmolive, Google, Oyo Rooms, Square Yard, etc. | HDFC Bank, KPMG, TCS, Infosys, Cognizant, Bajaj Auto, Deloitte, Accenture, ICICI Bank, Microsoft, Capgemini, Kotak Mahindra Bank, etc. |
VBS Mumbai FAQs
VBS Mumbai was established in 2020.
Vivekananda Business School is owned and operated by the Vivekananda Education Society. This society was founded by the late Shri. Hashu Advani.
A minimum of 30 credits are required to complete the FPM course at VBS Mumbai.
Vivekanand Business School MBA course fee is INR 9,50,000/-.
The principal and director of VBS Mumbai is Dr. Sachin Deshmukh.
VBS Mumbai’s address is Vivekanand Business School, Hashu Advani Memorial Complex, 495/497, Collector's Colony, Chembur, Mumbai - 400074.
To contact VBS Mumbai, you can call 18002669010, or 022-67893000. You can also send an email to mail.vbs@ves.ac.in.
