Are you prepared to advance your supervisory profession in India’s financial and commercial capital? Mumbai has numerous prestigious institutions that have made their mark in the world of commerce and also offers unparalleled corporate exposure, high-paying job placements, and various networking options. The city houses both government-funded universities and organisations along with many private business colleges that can meet the needs of any aspiring candidate. This guide covers everything you need to know about the Best MBA Colleges in Mumbai in 2026, whether you would like to know about competitive cut-off points, fee structures, or eligibility requirements.
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Best MBA Colleges in Mumbai: Eligibility and Cutoff
The basic eligibility to get into an MBA program at any college includes:
1. Bachelor's degree in any discipline with 50% aggregate marks.
2. Candidates must have qualified for CAT/XAT/GMAT etc.
Check the expected cutoff range for top MBA colleges in Mumbai along with entrance qualification shared below.
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College
|
Expected Cutoff Range (2026)
|
Entrance Exam
|
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IIM Mumbai (NITIE)
|
95 - 98
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CAT
|
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SPJIMR Mumbai
|
85 - 92
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CAT/GMAT
|
|
SJMSOM, IIT Bombay
|
88 - 93
|
CAT
|
|
JBIMS Mumbai
|
99 - 100
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MAH-CET/CMAT/CAT
|
|
NMIMS Mumbai (SBM)
|
97 - 99
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NMAT/GMAT
|
|
K J Somaiya Institute (KJSIM)
|
87 - 93
|
CAT/CMAT/XAT
|
|
TISS Mumbai
|
-
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TISSNET
|
|
SIMSREE Mumbai
|
99 - 100
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MAH-CET/CAT/CMAT
|
|
Welingkar Institute (WeSchool)
|
78 - 88
|
CAT/CMAT/MAT
|
|
N.L. Dalmia Institute
|
65 - 82
|
CAT/CMAT/MAT/XAT
|
Check| CAT 2026: Which IIMs Can You Get at 95 Percentile in CAT? Check College List and NIRF Rankings
Best MBA Colleges in Mumbai: Fee Comparison
Candidates must also check for fee comparisons of each college's offering MBA in Mumbai.
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College
|
Total Fees (approx.)
|
|
IIM Mumbai (NITIE)
|
21 L
|
|
SPJIMR Mumbai
|
26.5 L
|
|
SJMSOM, IIT Bombay
|
10 L
|
|
JBIMS Mumbai
|
6 L
|
|
NMIMS Mumbai (SBM)
|
13.5 - 25 L
|
|
K J Somaiya Institute (KJSIM)
|
23.87 L
|
|
TISS Mumbai
|
2 L+
|
|
SIMSREE Mumbai
|
1.5 L
|
|
Welingkar Institute (WeSchool)
|
14 L
|
|
N.L. Dalmia Institute
|
12 L
|
Why Choose Mumbai for Your MBA?
Selecting Mumbai for pursuing your MBA puts you right at the center of the commercial and financial hub of India. Being the economic capital of the nation, Mumbai has many multinationals, premium consulting firms, financial organizations, and startups, and gives you unparalleled exposure to project work and corporate mentoring opportunities. Such proximity to corporate houses is bound to ensure great summer internships and placements in premier streams such as Finance, Marketing, and Operations. In addition to academics, the bustling culture of Mumbai will help you develop into a dynamic business leader.
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