Top Management colleges (MBA / MMS / PGDM) in Mumbai (Business Management studies & education)

Top business management (MBA / MMS / PGDM) colleges in Mumbai that will prepare you for challenging business roles, or even setup your own enterprises. We also take a look at the changing face of business education in India.

Business Management: Various Courses

Business management today consists of several functions / disciplines such as: Human Resource Management, Operations Management or Production Management, Strategic Management, Marketing Management, Financial Management, Information technology management etc.

A variety of flexible options are available for students and they can choose dual specialisation as well. There are multiple areas of specialisation to choose from, and faculty is always there to help them make the right choices.

There is equal focus on academic excellence and on enhancing core skills required for effective modern business leadership. These skills include strategic mindset, right attitude, communication skills, networking, teamwork, innovations, creativity, negotiations and aptitude to face challenges.

MBA Programs with work experience included, and placement assistance (almost everyone gets a job before they pass out).
MBA Scholarships are available to meritorious students from financially challenged background.

Business Management in Mumbai

Mumbai is home to several management colleges who churn out lakhs of aspiring managers every year. The more common usual specializations offered by these MBA colleges institutions are Finance, Marketing, Systems and Human Resources. Most colleges offer a Post Graduate Diploma in Management (PGDM) (after the course) as per recent AICTE norms.

Now you can give your career a head start with a recognised degree/diploma in management studies from these reputed management colleges located in Mumbai.

These colleges create live-wire professionals having the ability to lead, manage and impact the society with their path-breaking business ideas and achievements.

Top Management (MBA) Colleges in Mumbai

These colleges employ a dynamic approach to management education, programs are continually updated to make students business ready.

These colleges are among the top institutes in Mumbai for PGDM and MMS programmes in Mumbai, and most of these colleges are approved by AICTE as well as DTE along with affiliation to the University of Mumbai.

The top 10 management (MBA) colleges in Mumbai are as follows:

  1. SP Jain Institute of Management and Research (SPJIMR)

    A part of the Bharatiya Vidya Bhavan, the college is situated in Andheri on a 45 acre campus and has an annual intake of 700 students. It offers exclusive programs for business owners and is one of the top colleges for MBA in the country.

  2. National Institute of Industrial Engineering (NITIE)

    Located in Powai, this government institute initially offered only Industrial Engineering. However, it is now considered one of the best schools in India and offers several management degrees.

  3. Jamnalal Bajaj Institute of Management Studies (JBIMS)

    Part of the Department of Management Studies of the University of Mumbai, its one of the best MBA college in Mumbai and is often referred to as the ‘CEO Factory’ (due to its extensive alumni list.)

  4. Narsee Monjee Institute of Management Studies

    This is a private university and was established in 1981. It is among the best MBA colleges in the country and is well known for its excellent placement record.

  5. Shailesh J. Mehta School of Management

    Funded by the Central government, the management department of IIT Bombay is a top ranker in the list of best B Schools in the city in terms of faulty and placements. The college offers both MBA and PhD programs in management.

  6. KJ Somaiya Institute of Management Studies and Research

    The college is autonomous and located in the sprawling Somaiya Vidyavihar campus. It offers excellent placements.

  7. SIES College of Management Studies (SIESCOMS)

    Part of the SIES group of Mumbai, this campus is located in Nerul (next to DY Patil college). With good placements and faculty, this is one of the top colleges in Navi Mumbai.

  8. Sydenham Institute of Management Studies, Research and Entrepreneurship Education

    One of the top colleges in the city and affiliated to the University of Mumbai, this college is named after the Governor of Mumbai in the early 1900s, Lord Sydenham. The commerce college of this group was established in 1913 and was the first college of commerce in Asia.

  9. Prin. LN Welingkar Institute of Management Development and Research

    Run by a charitable trust, this institute is one of the oldest in Mumbai, set up in 1977. It offers a range of usual and unique programs and also has a branch in Bangalore called WE School.

  10. NL Dalmia Institute of Management Studies and Research

    Situated on the outskirts of Mumbai, this famous college in Mira Road offers regular management courses.

Management Colleges in Mumbai & Navi Mumbai

Here’s an updated list of the renowned and accredited Management colleges in Navi Mumbai.

South Mumbai
Lala Lajpat Rai Institute of Management: Lala Lajpat Rai Institute of Management is rated as one of the excellent B-schools in Mumbai with top class infrastructure and other facilities.
Location: Mahalaxmi, Website:

Agnel Charities Fr. Conceicao Rodrigues Institute of Management Studies
Sector 9a,
Vashi, Navi Mumbai-400 703
E-Mail: Agenelbiz@Vsnl.Com
Tel: 91-22-27664116 / 27661924

FR. Conceicao Rodrigues Institute of Management Studies
Sector-9a, Vashi, Navi Mumbai-400703
Phone: 27664116

NCRDs Sterling Institute of Management Studies
Sterling Institute of Management Studies
Opposite Sea-Woods Railway Station, Sector- 19,
Nerul (East), Navi Mumbai, Maharashtra State – 400 706
Eamil : /
Phone : 91 – 22 – 32988900

CBD Belapur
B.V. Institute of Management Studies & Research
Sector-8, C.B.D., Opp. Konkan Bhawan, New Mumbai,
Maharashtra Management Affiliated to Mumbai University

Indian Institute of Material Management
Plot Nos. 102 & 104,
Sector – 15, Institutional Area,
CBD Belapur, Navi Mumbai – 400614
Phone: (022) 2756 5741 (D) 2757 1022

Institute of Business Studies and Research (IBSAR)
IBSAR Campus, Thapar Complex,
Sector-15, CBD Belapur,
Navi Mumbai – 400614.
Mobile: 09819238118 / 09869849262
Email: ,,
Tel no: 022 27867538

I.T.M. Trust’s Institute for Technology & Management

Plot 25/26, Institutional Area, Sector – 4,
Kharghar (East), Navi Mumbai-410 210
E-Mail : Kharghar@itm.Edu
Phone: 022-27740903,

Mahatma Gandhi Mission’s Institute of Management Studies & Research
At Junction, NH-4, Sion Panvel Expressway,
Kamothe, Navi Mumbai, 410209
Tel: 022-56168112, 27425193

Management Studies / Education: Preparing Business Leaders of Tomorrow

Besides focusing innovation, excellence, integrity, agility, trust and mutual respect, these colleges undertake several initiatives and organises several events that hones softer skills and enhances knowledge.

Key among these are Annual International Research Conference where faculty and students from various institutes in India and abroad present their papers. These institutes offer Global Exposure program that encourages global immersion wherein student travel abroad to gain first-hand knowledge. Art of living lessons prepare students for better work life balance and stress management. Rural Connect Programs enable students to understand the rural consumer better, and outbound training helps in inculcating managerial skills and team spirit.

Entrepreneurship talks by well-established entrepreneurs from across the globe, workshops and seminars for students as well as faculty and cultural festivals too play a major role.

Moving to recruitment, these colleges have excellent placement programs that is customised to cater to students specific requirements. The program works towards attitude building, sharpening negotiation skills, enhancing business etiquettes, inculcating confidence, refining communication skills and presenting oneself as the suitable candidate. Mentor-mentee sessions are an integral part of this program and help in bringing students’ skills, passion and interests to the fore. Their career centre helps students connect with companies, meet with potential employers, and build their network. Students are recruited by some of the biggest names in business. A few of these organisations are mentioned here to give you an idea of the wide variety of recruiters – HUL, ICICI bank, HDFC Bank, Mahindra, VIP, Godrej, Tata, Birla, Reliance, Capgemini, Accenture, and more.

Entrepreneurship coaching and e-cell incubations are other important aspect of education at these management colleges in Mumbai (India). Students with entrepreneurship mindset are prodded to work towards sustainable and viable business options. Some of their projects are even incubated by these colleges.

Professional Certification Programmes (PCP)

The following Professional Certification Programmes (PCP) are designed to boost expertise of working professionals in different domains: Digital Marketing, Retail Management, Entrepreneurship Management, Capital Markets, Family Business Management, Business Communications & Event Management.

These courses would boost academic and industry expertise of the employees, enhance their performance and make them deliver better results to the firm. These courses are designed keeping in mind the overall demands of the corporate world.

Institutes such as National Institute of Securities Market (NISM), Cambridge English Language Assessment, Wadhvani Foundation, ICICIdirect centre for Financial Learning andmany other industry experts partner with these top MBA colleges in Mumbai to design these courses and for skill-development of people joining these sectors.

About MMS (Master of Management Studies) colleges in Mumbai

Top MMS (Master of Management Studies) colleges in Mumbai & Navi Mumbai. These top management schools focus on bringing out students with the right skill sets – be it for managerial jobs or entrepreneurship.

This objective is achieved by providing hands-on education through the case method and mentorship programs. Innovative problem solving techniques such as Design Thinking and Management Simulation are also taught and practiced here.

The pedagogy not only provides rich knowledge based on real life situations but also equips them to handle stress, make critical decisions and develop team management skill sets. It enhances recruitment opportunities as well as productivity, thus facilitating better growth opportunities. Students are provided with extensive industry and Academic interaction opportunities. Industry conclaves are organised in various areas such as Marketing Conclave, finance Conclave, HR Conclave, IT Conclave.

These are industry conclaves where industry experts are invited to the Institute to provide vies on various contemporary issues facing the industry. Significant industry exposure is therefore available to the students.

The Annual Innovation Summit is held in the month of Februaury each year, these colleges bring together leading industry Executives and Academics, and provide the students with an opportunity to showcase their innovative ideas.

Their AICTE approved PGDM program offers students double speialisation where the students not only gain knowedge to be better profrssionals but also aquire in-depth knowledge in the field of their choice. Dual specialistion programs are very popular with students and Corporates. The MMS program, affiliated to Mumbai University, too is very popular amongst students due to the depth of knowledge imparted and interactive case study based pedagogy.

Another interesting component of education are the Professional Certificate Programs (PCP) in Retail Management, Entrepreneurship Management, Media Management, Digital Marketing Capital Markets, Event Management, New Business Creation – Incubation. These are short term programs which are offered to the public and also as an option to the full-time students. These well-designed courses facilitate practical knowledge of the particular area and enhance professional skills. The experiential training programs do wonders for students creativity and update their skill sets. These programs have been designed by Industry experts along with the experience faculty members.

All the courses at the state-of-the-art facilities have a strong focus on their relevance in the work place, and on what the students want to achieve. The students get several opportunities to immerse themselves with Faculty, network with industry leaders and meet potential employers.

The Training and Placements Cell in these management colleges play a critical role, not only in facilitating best of placement opportunities but also in training students in soft skills, and enhancing their confidence. This not only enhances placement opportunities but also enables the alumni to remain at the top of their game. The colleges also have a very active alumni cell in which Alumni are engaged with the Institute for various Institutional activities.

Good companies from every industry come to these top B-schools in Mumbai for campus recruitements, to name a few: ITC, TATA group, Reliance (ADAG), Decathlon, Godrej, Ola, Pepsi, L&T constructions, IDFC, Motilal Oswal, Cadbury, Ernst & young, SBI Life, Axis Bank, Omnicom, and more.

Selection and Eligibility

Common Entrance Test (CET) is conducted by the Directorate of Technical Education and is accepted by many colleges in Maharashtra, including the prestigious Jamnalal Bajaj Institute of Management Studies (JBIMS).

This list has been made taking into consideration several metrics such as rankings from respected publication houses and views from experts in the field of education.

Please feel free to add in your comments.

Originally posted 2017-01-01 16:34:21.

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