MBA is a popular post-graduate program in India and around the world. By doing this two-year program one can get various job opportunities in the corporate world. MBA jobs are mostly at the managerial level. MBA courses are popular because students from all disciplines, including commerce, science, and humanities, can undertake them.
MBA Colleges in Mumbai
Some of the colleges in Mumbai have been given below in the table along with the programs offered, exams considered for admission, and tuition fees.
|Name of the college||City||Programs Offered||Exams Considered||Tuition Fees|
|Jamnalal Bajaj Institute of Management Studies||Mumbai||Master of Management Studies ( MMS )||MAH-CET, CMAT, CAT||6 Lakhs|
|S P Jain Institute of Management and Research||Mumbai||Post Graduate Diploma in Management ( PGDM )||CAT, GMAT||19 lakh|
|K J Somaaiya Institute of Management||Mumbai||Master of Business Administration (MBA )||CAT CMAT, NMAT, XAT||18.79 lakhs approx.|
|Narsee Monjee Institute of Management Studies||Mumbai||Master of Business Administration (MBA )||NMAT||20.80 Lakhs|
|BITS School of Management||Mumbai||Master of Business Administration (MBA )||CAT , GRE, GMAT||20.60 Lakh|
|IIT Bombay||Mumbai||Master of Management Program||CAT||8.30 Lakh|
|Vivekanand Business School||Mumbai||Post Graduate Diploma in Management ( PGDM )||CAT, MAT, CMAT, XAT||5 lakh|
|SIES College of Management studies||Mumbai||Post Graduate Diploma in Management ( PGDM )||CAT, MAT, CMAT, MAH, CET||9 Lakh|
|ITM Group of Institution||Mumbai||Post Graduate Diploma in Management ( PGDM )||CAT , MAT , CMAT , NMAT XAT||10.45 lakh|
|Prin L N Welingkar institute of Management Development and Research||Mumbai||Post Graduate Diploma in Management ( PGDM )||CAT,CMAT,XAT,ATMA||13 Lakh|
|MET Mumbai||Mumbai||Post Graduate Program in Empowered Management and Business Administration||CAT,MAT,CMAT,XAT||9.90 Lakh|
|Durgadevi Saraf Institute of Management Studies||Mumbai||Post Graduate Diploma in Management ( PGDM )||CAT,MAT,CMAT,XAT||7.25 Lakh|
|Chetanas Institute of Management and Research||Mumbai||Post Graduate Diploma in Management ( PGDM )||CAT,MAT,CMAT,XAT||7.85 Lakh|
|N L Dalmia Institute of Management Studies and Research||Mumbai||Post Graduate Diploma in Management ( PGDM )||CAT,MAT,CMAT,XAT||8.70 Lakh|
|SDA Boconni Asia Center||Mumbai||International Master in Business||CAT,GRE,GMAT,NMAT||18.60 Lakh|
|IES Management College and Research center||Mumbai||Post Graduate Diploma in Management ( PGDM )||CAT,MAT,CMAT,XAT||9 Lakh|
|Bharati Vidyapeeth Institute of Management Studies and Research||Mumbai||Post Graduate Diploma in Business Management ( PGDBM )||MAHCET,CAT,MAT,ATMA||4.90 Lakh|
Important points you should consider before selecting a college for MBA course
The following are some of the points for consideration before selecting a college for MBA-
- Don’t rely on others
Always visit the college for personal experience and to confirm whether the information you received is correct. Do not accept admission simply because your friends attend this or that college. The fact that only your friends attend a particular college does not imply that it is a good fit for you.
- Cost Factors
It is also an important consideration when deciding on a good college. You should choose a college that best fits your parents’ financial situation. Some colleges are good and sell for a lower price than others. Some colleges charge higher fees, but they also offer scholarship opportunities. So, choose a college based on your budget.
- Job Opportunities
You may be looking for a reasonable fee structure with a good placement that can reassure you about your career prospects. So, before making your MBA admission decision, compare the fee structures of various B-schools and the learning benefits that result from them.
- Before pursuing an MBA, be certain of your specialisations
There are numerous specialisations available in the MBA degree today. MBA programs used to only offer a few specialisations, such as finance, marketing, and human resources. However, times have changed, and we now have a variety of specialisations in MBA degrees. Students should decide on their desired specialisations and make their selections accordingly. Students’ future career prospects are determined by the specialisations they choose.
- Examine the colleges’ accreditations and faculty availability
Many colleges provide false information on their official websites; therefore, it is important to conduct a thorough background check on such colleges. There are numerous ranking and review agencies that provide bogus college rankings and reviews. Students should also look into the accreditations of colleges and faculty available in colleges.
Students should also have a basic understanding of the international collaborations available in their colleges. Students should also be aware of the international collaborations available at their college.
- Infrastructure and Services
A good management institute should have good, well-equipped classrooms, a library, an auditorium, and residential housing for students on campus so that they can make the most of the library, labs, and mentorship from their professors when they need it. So choose the college where you have a good learning environment.
- Faculty and Learning Environment
It is essential to find out how qualified and experienced the faculty of the college is. Every college publishes a faculty profile by area on its website. You must carefully read faculty profiles and conduct area-specific research, particularly for the MBA program you wish to pursue, and look for the following qualities:
- Professional Background
- Academic Background
- Areas of study and publications
- Industry participation
Students who want to study management at one of these Top colleges for MBA in Mumbai should keep in mind that many of these institutions have a competitive admissions process. It may be necessary to take competitive exams such as the MAT, XAT, CAT, etc., and pass them with a high score. If students are unable to write the aforementioned exams, they will most likely have to go through an alternative procedure conducted by these Top colleges for MBA in Mumbai in order to obtain a seat in them. A few educational institutions from these Top colleges for MBA in Mumbai may have their own exams for admitting students to their courses. Students must be prepared to deal with the entry system.