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.
The All India Council approves VBS Mumbai’s flagship PGDM program for Technical Education - AICTE, accredited by the National Board of Accreditation - NBA and recognised by the Association of Indian Universities. Candidates with a degree can apply for this program and get admission based on their CAT / MAT / XAT / GMAT / CMAT / ATMA / MH-CETscores. The institute also offers FPM in 4 research areas: Marketing, Finance, Operations, and Human Resources.
In 2025, VBS Mumbai was ranked 13th under the Top B-School 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.
Table of Contents
VBS Mumbai Highlights 2025
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 |
|
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's instalment one month before the start of the respective semester. For the FPM program, VBS Mumbai fees are INR 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 | INR 1,20,000 | INR 1,60,000 |
Mess Fee (10 Months) | INR 90,000 | INR 90,000 |
Security Deposit | INR 5,000 | INR 5,000 |
Total Hostel Fee | INR 2,15,000 | INR 2,55,000 |
VBS Mumbai Courses 2025
Vivekananda Business School offers two courses, i.e. PGDM and FPM. The PGDM program with six specialisations is its flagship program available with 2 2-year duration. The following tables show brief details about the 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% | |
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 4 steps. Take a look at the following table to understand the VBS Mumbai admission criteria and process 2025:
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 | To apply for the VBS PGDM program, a student must appear and pass any of the CAT /MAT/XAT / GMAT/CMAT /ATMA / MH-CET entrance exams. FPM applicants can apply without appearing for an entrance exam. |
Personal Interview | Based on academic records and entrance exam scores, applicants will be shortlisted for a personal interview. |
Academic & Work Experience Review | A review of the candidate’s academic profile is done for admission to both programs. 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 based on entrance exam score, academic profile, personal interview, and extracurricular activities.
FPM: The final selection for the FPM admissions at VBS will be based on merit in PG degree, work experience, and research proposal submission, followed by a personal interview. |
VBS Mumbai Cutoff 2025
The overall CAT Cutoff 2025 is the 75th percentile. Students can check the cutoff for all the accepted entrance examinations in the table below:
Entrance Exam Name | Cutoff 2025 |
CAT | 75 Percentile |
MAT | 85 Percentile |
XAT | 70 Percentile |
CMAT | 75 Percentile |
ATMA | 85 Percentile |
MH-CET | 85 Percentile |
VBS Mumbai Placements 2025
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 |
Placement Sectors
The 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 based on 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 based on a number of factors like their campus sizes, MBA fees, entrance exams, 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 | |
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 2025
When was VBS Mumbai established?
VBS Mumbai was established in 2020.
Name the Global Academic Alliances of VBS Mumbai.
The Global Academic Alliances of VBS Mumbai are:
Who is the owner of Vivekanand Business School, Mumbai?
Vivekananda Business School is owned and operated by the Vivekananda Education Society. The late Shri founded this society. Hashu Advani.
How many course credits are required to complete the VBS Mumbai FPM course?
A minimum of 30 credits is required to complete the FPM course at VBS Mumbai.
What are the fees for the Vivekanand Business School MBA?
Vivekanand Business School MBA course fee is INR 9,50,000/-.
Who is the principal of Vivekanand College Mumbai?
The principal and director of VBS Mumbai is Dr. Sachin Deshmukh.
What are VBS Mumbai’s Special Encouragement Awards?
VBS Mumbai awards students for their achievements. The VBS Mumbai’s Special Encouragement Awards are:
What is VBS Mumbai’s address?
VBS Mumbai’s address is Vivekanand Business School, Hashu Advani Memorial Complex, 495/497, Collector's Colony, Chembur, Mumbai - 400074.
How to contact VBS Mumbai?
To contact VBS Mumbai, you can call 18002669010 or 022-67893000. You can also send an email to mail.vbs@ves.ac.in.
