Top 10 MBA Colleges in Mumbai

Top 10 MBA Colleges in Mumbai

Top 10 MBA Colleges in Mumbai

The MBA program covers the major facets of management (Accounting, Economics, Marketing, Finance, Strategy/Frameworks, Human Resources, Organisational Behaviour, Leadership and Information Technology, etc.) The curriculum is designed to strengthen the theoretical foundation, provide practical opportunities (internships, research, projects & workshops) build both hard & soft skills, open up a window of career opportunities and help start your own ventures.

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Students from all over India come to Mumbai for further studies especially in the top management colleges in Mumbai.

A list of the top and best MBA Colleges in Mumbai are given below.

  1. Jamnalal Bajaj Institute of Management Studies (JBIMS)

Jamnalal Bajaj Institute of Management Studies (JBIMS) named after the celebrated industrialist and philanthropist, Jamnalal Bajaj is counted among the most elite B-schools of the country. Established in 1965 by the University of Mumbai in alliance with Stanford University, it is one of the pioneering colleges of Mumbai. Popularly referred to as a ‘CEO’s factory’, JBIMS boasts a strong alumni network which is a source of inspiration to the students.

2. Sydenham Institute of Mgmt. (SIMSREE)

Established in 1983, SIMSREE is a premium B-school in Mumbai that promises excellence in academics. In 30+ years of its existence, the college that follows the mantra ‘Work conquers all’ has exhibited spectacular growth in this competitive domain and lauded for its efforts. SIMSREE’s strong corporate interface, notable alumni base, ranking among the top MBA colleges of the country, awards/certifications are proof of its commitment towards imparting an exceptional learning experience that is holistic and enriching.

3. SP Jain Institute of Management & Research (SPJIMR)

SP Jain Institute of Management & Research (SPJIMR) is a name to reckon in the management education arena. Since its inception in 1981, there has been no looking back for SPJIMR. The private-run college made it to the coveted list of India’s top ten B-schools by 1994-1995 and has firmly retained this position ever since. SPJIMR is recognised for its distinguished pedagogic approach, pioneering programs, and emphasis on values. The location of the college in the heart of the financial capital is conducive to industry exposure.

4. Narsee Monjee Institute of Management Studies (NMIMS)

NMIMS was established under the Mumbai University in 1981 and bestowed the Deemed University status in 2003 by the Government of India. The college is a popular education destination for students seeking an MBA degree. Within a short span of 36 years, NMIMS has garnered quite an impressive reputation. It features in the coveted list of the top 10 B-schools of the country. Other feathers in its plume include an A grade rating and accreditation by NAAC with 3.59 CGPA. Its convenient location in the financial capital has enabled NMIMS to maintain strong ties with the industry, high profile MNCs, and illustrious alumina.

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5. National Institute of Industrial Engineering (NITIE)

Established in 1963, NITIE is one of the foremost B-schools of the country. Popularly known as the “Mecca of Supply Chain” it is among the most sought-after institutions for pursuing a career in Supply Chain & Operational management. Boasting a legacy of more than 50 years in the Industry, NITIE has a huge alumni base comprising of successful professionals and start-up founders. There’s more! NITIE is rated among the top 15 centers of Excellence by the Ministry of HRD alongside IISC, 6 IIMs & 7 IITs.

6. Shailesh J. Mehta School of Management (SJMSOM)- IIT Bombay

Shailesh J. Mehta School of Management is another sought-after destination for aspiring managers in Mumbai. The institution that began operations in 1995 is part of the Indian College of Technology, Bombay (IITB). Though a fairly new entrant in this domain, it has garnered an enviable reputation for developing terrific managerial talent.  What’s more, the SJMSOM campus is beautiful with world-class infrastructure, brilliant faculty, small batches, a great alumni base, and much more.  The school grabbed the fifth spot in the National Institutional Ranking Framework Management (2018) and the 16th in India’s Top 100 Management Schools survey by Outlook (2017).

7. L.N. Welingkar Institute of Management Development

Welingkar Institute of Management Development (WeSchool) consistently features among the top 30 education establishments in the country.  Founded in the year 1977, it is a part of the esteemed Shikshana Prasaraka Mandali that has 43 colleges under its umbrella. The college focuses on imparting the key skills and knowledge essential to attain success in the constantly evolving business environment. WeSchool has a long list of credentials to its name. The latest is the “AICTE-CII National Award for Best College for Industry College Linkage 2015”.

8. K.J. Somaiya Inst. of Mgmt. (SIMSR)

Established in 1981 as part of Somaiya Vidyavihar, the private-run college has emerged as one of the top MBA colleges of the country. It has produced exceptional managers that hold strategic positions across various domains around the globe. Set on 60 acres, the medium-sized campus complete with greenery, trees, gardens, and world-class infrastructure is beautiful.  SIMSR was awarded the ‘Super League 2 B-School’ tag by Business Standard in succession (2015, 2016 & 2017). It also grabbed the 10th spot among Private B-School by Education World in 2017. Other honors include ISO 9001:2008 and ISO 29990:2010 certification by Bureau Veritas.

9. N. L. Dalmia Institute of Management Studies and Research

N. L. Dalmia Institute of Management Studies and Research ranks among the top B-school in India and one of the most preferred business school in Mumbai providing full-time MBA, Part-time MBA and Global MBA program with global exposure to students. N L Dalmia is among the list of top 10 Management Institute in Mumbai providing quality education.

10. MET Mumbai (PGDM)

The PGDM (e-business) program at MET is one of a kind program that has been developed keeping in mind the changing landscape of the business environment. Taking the core values of management from the conventional PGDM course and combining it with the new-age technological factors and know-how, the PGDM(e-business) program aims at empowering professionals in today’s digital business era.

About the PGDM (e-business) program at MET:

The PGDM (e-business) program consists of four semesters that help shape the students and make them ready to meet the challenges of the corporate world. The four semesters are aimed at developing their capabilities and their critical thinking skills. The entire learning program has been formed with a focus on integrating the Academic curriculum with the Industry requirements.

The PGDM (e-Business) course at MET offers MBA specializations in five domains namely – Marketing, Finance, HR, Operations, and Systems. Along with the Core syllabus, MET also offers other important subjects that can help its students gain a competitive edge over others in this highly competitive and demanding environment. The subjects offered are:

  • Design Thinking: MET is the only management college to offer this course which emphasizes creative problem-solving methodology and innovative thinking process.
  • Strategic Management: Strategic management is one of the most sought after roles in organizations worldwide. This subject helps students to learn to formulate and implement strategies that will help an organization achieves its ultimate objectives.
  • Business Analytics: With the advent of Industry 4.0, it is no surprise why Business Analytics is gaining popularity. Through this course, students learn how to use data and quantitative analysis for decision making and to apply it for the efficient working of the organization.
  • Digital Business and Digital Marketing: Through the Digital Business and Digital marketing subject, the students learn everything about the changing digital landscape and become prepared to ace the Digital Business domain.
  • E-Commerce: Almost every business is now going online, hence e-commerce is a very relevant subject in today’s day and age. This subject offers to make students understand and learn how to run businesses beyond brick and mortar structures, and be successful in running such business.
  • Event Management: Event management offers to make students ready to handle any event, whether small or large, and make them masters in organizing and working under pressure.
  • Real Estate: Real estate has always been an unpopular choice, often considered as an industry which is currently not in good shape, but is sure to turn around soon. With the great professional opportunities that it is bound to open, the program provides this subject as an option for students to explore and learn about it in depth.

Every year, the number of companies visiting the campus goes on increasing, with the companies offering multiple portfolios like research analyst, sales & distribution, investment research and portfolio management, advertising, digital marketing, business analyst, client servicing, marketing, e-commerce, etc. The top recruiters come from diverse sectors such as IT, real estate, pharma, life-sciences, automobile sector, banking and NBFCs, FMCGs to name a few, and offer packages as high as 15.5 lakhs p.a. to its students.

11. ISME

ISME is a revolutionary academic ecosystem with a focus on creative thinking and design-led innovation. We invest in students to help them do more and challenge their entrepreneurial minds. With our state-of-the-art facilities, proximity to industry, and strong international alliances, we provide students with the best chance to succeed.

12. Universal Business School (UBS)

Universal Business School (UBS) is established by CEOs, who have headed multi-billion dollar MNCs in 100+ countries and Endorsed by 60 CEOs. The founders have studied in Michigan Business School-USA, Tuck Business School-USA, IMD-Switzerland, and IE Business School-Spain and have brought the global best practices to India. The UBS PGDM program is approved by AICTE and Accredited by NBA.

UBS follows the 3E Model viz. ETHICS, ENVIRONMENT, and EXPERIENTIAL LEARNING (80% Practical Learning). UBS is India’s 1st Green Business School spread over 40 acres in the Karjat valley near Mumbai. The world-class infrastructure is built by Perkins Eastman, USA earning the rare distinction of being termed a FIVE STAR’ University by India Today.

UBS has been Ranked as Top 4 ‘Truly Global B-schools in India’ and Top 5 B-school in India in Return on Investment by Times of India, and 2nd Most Attractive B-school in India by GMAC (GMAT Exam).

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