Best MBA Colleges in Mumbai

Mumbai is known to be a city of dreams. The city is not just confined to pace up the careers of the aspirants who wish to make it big on screen but there exist many other careers or means to career which the city has to offer. Deciding what is best for you and analysing your skillsets before you make a hit helps a lot in carving the best of the future. Say you have an interest in how the companies work and what is the role of management in an organisation are the likely concepts about which you would want to learn more about, then pursuing career in the field of management is good to do.

The City of Mumbai boasts such institutes which are dedicated to management and these institutes are designed to sculpt out managerial skills through varied theoretical subjects along with practical approach on subject matter. Consider to do MBA in Mumbai, knowing many of the reputed colleges and for its infrastructure having almost amenities. Let’s have a quick review on some of the best Management colleges in the city and the necessary information associated:

Jamnalal Bajaj Institute of Management Studies (JBIMS)

Established in 1965 by the University of Mumbai compacted with Stanford University, the institute is ranked as one of the best colleges in India. With legacy of 50 years, JBIMS offers program in the discipline of management at postgraduate and Ph. D. levels. The courses offered are Master’s degree in segments of Management Studies, Marketing Management, Information Management, Human Resource Development and Financial Management.

Though Master of Management Studies (MMS) is the only two-year full-time program with academic fee of INR 6 lacs for the program and the selection process for the course is based on the score achieved in state level entrance exam of MH CET or National level entrance exam of MAT/CAT/GMAT/CMAT/ATMA.

The Placements show good records in the last session and the average CTC offered was around INR 19 LPA. Location – 164, Backbay Reclamation, H.T. Parekh Marg, Church Gate, Mumbai-400020

SP Jain Institute of Management & Research (SPJIMR)

Established in the year 1981, this B-School has proved to be one of the leading management institutes for its distinctive approach towards offered programs and more of practical learning through real world exposures. SPJIMR focuses on case studies, group assignments and projects to make the aspirants have an understanding on managerial roles in an organisation. The institute offers programs at postgraduate level as PGDM (Postgraduate Diploma Program) course which is at par with MBA Degree.

The academic fee for the last session for PGDM was INR 16.25 lacs. The offered programs are two-year programs with core specializations in the field of varied Management. Admissions are considered on basis of scores achieved in entrance exam of CAT, XAT and GMAT. SPJIMR emphasises on a strong network and has tie-ups with more than 100 companies across the world and the placement records an average salary package of INR 22 LPA, which explains the functioning of this elite institute. Location – Bhavan’s Campus, Munshi Nagar, Dadabhai Road, Andheri West, Mumbai-400058

Narsee Monjee Institute of Management Studies (NMIMS)

Established as an institute in the year 1981, NMIMS has made it to the list of best B-Schools in India and has acquired the title of “University” lately. The University offers programs in varied disciplines at multiple levels. The institute offers education in streams like Global Education, Architecture, Economics, Law, Engineering and Management.

NMIMS follows a set criterion for admissions and the eligibility criteria is different for the varied programs. Admissions are considered on basis of score achieved by candidates in their own entrance exam of NMAT. The placement records reveal a big show where the average CTC offered was around INR 16 LPA. Location – V.L. Mehta Road, Vile Parle (West), Mumbai-400056

National Institute of Industrial Engineering (NITIE)

Established in the year 1963, the institute was originally known to be National Institute for Training in Industrial Engineering. The institute is an integral part of league of 15 houses of excellence as recognized. NITIE offers postgraduate programs in Industrial Engineering and Management.

Admissions are considered on the basis of score achieved in the entrance exam of CAT for PGDIM (Postgraduate Diploma in Industrial Management) & PGDISEM (Postgraduate Diploma Program in Industrial Safety and Environmental Management) and score achieved in the entrance exam of GATE for PGDIE (Postgraduate Diploma Program in Industrial Engineering), PGDMM/PGDPM (Postgraduate Diploma Program in Materials/Project Management).

The institute holds a good placement record for the last session with average salary package of INR 18 LPA. Location – P.O. Nitie, Vihar Lake Road, Powai, Mumbai-400076

Tata Institute of Social Sciences (TISS)

Established in the year 1936, the institute has its legacy of more than 7 decades and always emphasizes on Social responsibilities around. The Institute is now deemed to be University since it has been accredited by NAAC. The courses offered here are in the field of Human Resource, Social Entrepreneurship, Labour Relations and Disaster Management. All the courses run for 2 years and admissions are considered on the basis of score achieved in the entrance exam of TISSNET.

TISS offers learning in both theoretical and practical approach and the placements are as good as anything, for its functioning. The average CTC offered in the last session was recorded to be INR 19 LPA, since TISS has managed to gain a good no. of recruiters including many of the best global companies. Location – V.N. Purav Marg, Deonar, Mumbai-400088

The City boasts institutes which offer programs at all levels in almost fields. The above listed are some of the best potentials in the country and there exist many other colleges like K.J. Somaiya Institute of Management (SIMSR), Sydenhem Institute of Management (SIMSREE) and L.N. Welingkar Institute of Management Development, which are ranked in the best B-Schools in Mumbai and they do have an amazing placement record.

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