MBA Management Quota Seats in Mumbai Top Colleges

MBA Management Quota Seats in Mumbai Top Colleges

Mumbai, the financial capital of India, is a preferred MBA destination offering quality education and job opportunities. If you are planning to pursue MBA from Mumbai and are searching for the best MBA colleges in Mumbai, you are at the right place. MBAUniverse.com has researched 50+ MBA colleges in Mumbai and presents list of MBA colleges in Mumbai, with latest Placements, Fee, Cut offs to help you choose the right MBA college in Mumbai. Secure MBA Management Quota Seats in Mumbai Top Colleges right now!

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Top MBA Colleges in Mumbai Highlights 2024

MBA Management Quota Seats in Mumbai Top Colleges

A postgraduate degree curriculum called the Master of Business Administration (MBA) offers advanced management and business training. The course will give students the knowledge and abilities they need to be successful in leadership positions. MBA programmes provide a strong emphasis on helping students improve their analytical, critical-thinking, and decision-making abilities. Students who pursue an MBA can benefit from improved teamwork and communication skills.

The key highlights related to the top MBA colleges in Mumbai are mentioned below:

Parameters

Particulars/Statistics

Number of MBA Colleges

4

Annual Fees

INR > 5 lakh: 4 colleges

Top Specialisations

FinanceHuman ResourcesSales and MarketingSupply Chain, etc.

Accepted Entrance Exams

 CATCMATMAH CET, etc.

 

Top MBA Colleges in Mumbai with NIRF Ranking 2023

The NIRF (National Institutional Ranking Framework) ranking is an annual ranking system implemented by the Ministry of Education, Government of India. It aims to evaluate and rank higher education institutions in India based on various parameters such as teaching, learning, research, graduation outcomes, perception, and more. The NIRF rankings provide a comprehensive assessment of institutions across different disciplines, including MBA colleges.

Among the top 10 MBA colleges in Mumbai, some of the top colleges for MBA Mumbai along with their NIRF ranking of 2021, 2022 and 2023 are mentioned below:

College Name

NIRF 2021

NIRF 2022

NIRF 2023

S.P. Jain Institute of Management & Research

19

21

20

SVKM`s Narsee Monjee Institute of Management Studies

22

25

21

K J Somaiya Institute of Management Studies and Research

56

71

45

Principal L N Welingkar Institute of Management Development and Research

72

68

73

 

Top MBA Colleges in Mumbai: Admissions 2024

Here are some general eligibility criteria commonly observed by colleges for MBA Mumbai:

·         Candidates should have a bachelor’s degree or equivalent qualification in any discipline from a recognised university or institution with a minimum of 50% aggregate.

·         Many MBA colleges in Mumbai consider scores from national-level entrance exams such as CAT, CMAT, NMAT, MAH CET, etc. Candidates are required to meet the minimum cutoff scores set by the respective colleges. Secure MBA Management Quota Seats in Mumbai Top Colleges right now!

Top MBA Colleges in Mumbai Entrance Exam

The most popular entrance exams accepted by top MBA colleges in Mumbai are as follows:

·         MAH CET: Maharashtra Common Entrance Test or MAH CET is a management entrance test. Officially known as MAH MBA/MMS-CET, the exam is conducted by the State Common Entrance Test Cell, Maharashtra, for admission to management courses in various institutes in the state of Maharashtra.

·         CAT: The Common Admission Test (CAT) is a national-level management aptitude test for admission to the MBA courses offered by 20 IIMs and over 1,200 B-schools in India. CAT question paper is divided into three sections: Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Aptitude. The preparation for CAT exam should include phase-wise completion of the CAT syllabus, mock test practice, and revision.

·         CMAT: The Common Management Admission Test (CMAT) is a business aptitude test conducted by the National Testing Agency (NTA) for admission to MBA/PGDM courses. The CMAT is one of the most popular MBA entrance exams in India. About 70,000 candidates appear for the CMAT every year. CMAT score is accepted by about 1,300 B-schools (government and private) in India including Great Lakes Institute of Management, JBIMS, SIMSREE, K J Somaiya Mumbai, Welingkar Mumbai and PUMBA. The CMAT question paper consists of 100 questions from Quantitative Techniques & Data Interpretation, Logical Reasoning, Language Comprehension, General Awareness and Innovation and Entrepreneurship.

What are the most popular entrance exams accepted by top MBA colleges in Mumbai?

Listed below are the various entrance exams accepted by the best colleges for MBA Mumbai

Exams

Number of Colleges

Mumbai College

CAT

3

Yes

CMAT

2

Yes

MAH CET

2

Yes

NMAT

2

Yes

XAT

2

Yes

ATMA

1

Yes


Read Also:

Christ University Bangalore Direct MBA Admission

RIMS Bangalore Management Quota Admission

MBA Admission LBSIM Delhi by Management Quota

Direct Admission in SP Jain Mumbai for MBA Program

Management Quota Btech Admission in Bharati Vidyapeeth

PGDM Great Lakes Gurgaon Management Quota Admission

Specialisations Offered by Top MBA Colleges in Mumbai

In Mumbai, the MBA degree is offered in various specialisations. See the table below for a detailed overview of the top specialisations offered by the top MBA institutes in Mumbai:

Top Specialisations

Number of Colleges

Finance

4

Sales & Marketing

4

Operations

3

Human Resources

2

IT & Systems

1

 

ROI of Top MBA Colleges in Mumbai

Return on Investment (ROI) measures the advantage or profit you will receive from a certain course. Return on Investment (ROI) measures the profit or advantage you will receive if you enroll in a degree at a specific university. It evaluates the candidate’s return on investment for the fees paid while they were studying and the return they received in the form of placements. Secure MBA Management Quota Seats in Mumbai Top Colleges right now!

The table below shows the best MBA degree colleges in Mumbai along with their total tuition fees and annual average package:

College Name

Total Tuition Fee

Annual Average Package

NMIMS School of Business Management MBA

INR 12 lakh

INR 19 LPA

SPJIMR MBA

INR 24 lakh

INR 32 lakh

Welingkar Mumbai MBA

INR 14 lakh

INR 9 LPA

K J Somaiya Institute of Management MBA

INR 17 lakh

INR 10 LPA

 

Top 2 Benefits of MBA

New career paths are open to you.

Shifting gears and pursuing a new career path can sometimes seem like an impossible dream, particularly if you have been working in the same industry for a long time. Gaining new skills could easily be the catalyst you need to kick-start your transition from one career to another. Even if your background is not typical for the positions you are considering, an MBA will provide the education and skills needed to help you become a more qualified candidate.

Your earning potential increases.

A recent study showed that the average MBA graduate’s pay was 50% higher than their position before earning their degree. Even more impressive, in the five years after earning their MBA, the average pay increased by 80%. These figures clearly show the financial benefits of an MBA but they don’t address the personal satisfaction that comes with greater responsibility.

MBA Management Quota Seats in Mumbai Top Colleges

Read Also:

SIBM Noida Direct MBA Admission

BIMTECH Noida Direct MBA Admission

KJ Somaiya Mumbai Direct MBA Admission

PGDM Direct Admission Fore School Delhi

Direct MBA Admission in SCMHRD Pune

Direct PGDM Admission in Xime Bangalore

PGDM Direct Admission in Welingkar Mumbai

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