In our series of best MBA colleges in city, Our next stop is Mumbai. The city famous forbollywood and Bombay stock exchange also have some of the best business schools of India.This city is known as the industrial capital of nation and accounts the most businessoccurrences. So in this article we will be exploring the MBA colleges in Mumbai, the city ofbusiness and stardom.
Unlike our last city, Mumbai don't have an IIM for itself but still you'll see why I said some of thetop ranked MBA colleges belong to this city of lights. Here are some of the top ranked collegesin Mumbai where you can get a chance to ful fil your managerial dreams.1. Shailesh J Mehta School of Management ( IIT - BOMBAY )2. S. P. Jain Institute of Management and Research3. National Institutes of Industrial Engineering
Mumbai has various government MBA colleges such as Jamnalal Bajaj Institute ofManagement Studies, S P Jain Institute of Management and Research, Shailesh J MehtaSchool of Management and NITIE.
Not just government but Mumbai also have some very interesting private MBA colleges to caterthe needs of people like you, some of the most famous are Tata Institute of social sciences(TISS) which is highly appreciated for its MA in Social entrepreneurship which is a MBAequivalent, K J Somaiya, Narsee Monjee Institute of Management Studies and WelingkarInstitute of Management Development and Research.
The colleges listed here are approved by AICTE to conduct full time MBA degree courses, whileshort term courses are conducted with proper accreditation from UGC, still as we insist youmust go throughly about the authentication of courses.
While most of the colleges are autonomous to award their degree, some others are operatedunder the management of Mumbai University, according to our statistics some 23 colleges inMumbai are affiliated to Mumbai University and 6 others come under Maharashtra state boardof technical education.
Colleges like TISS, WESchool and Jamnalal Bajaj cover the lower spectrum of fee structure,50,000, 1,45,000 and 50,000 respectively for complete degree, while Shailesh J Mehta, S P Jainhave fee of around 10-12 lakhs for two years, NITIE is known to have best ratio of return oninvestment with fee around 3,25,000.
S P Jain takes CAT, GMAT scores, Shailesh J Mehta admits on CAT scores. NMIMS has its ownexam NMAT. JBIMS accepts CAT and CMAT scores. KJ Somaiya and WESchool accepts CATand CMAT both. Sydenham IMS, ITMBS and SIES college of Management Studies accepts MATscores.
Except TISS which offers MA rest all colleges offer either PGDM or MBA based upon theiraffiliation and institutional structure. WESchool offers a 15 months Executive MBA which costs about5,00,000.
The top must specialization are HR, FINANCE, MARKETING AND SALES. TISS offers someoffbeat courses like Social entrepreneurship which is very reputed. WESchool offerse-Business, Business Design and Rural management.
Institutes like Shailesh J Mehta are apex of Management Studies, and so are their placementstatistics, the institute has highest package of 23 lpa while average is 14 lpa, SPJIMER alsoboasts average package of 10-12 lpa, students from TISS are scaling new heights in socialwork. K J Somaiya, Jamnalal Bajaj and NITIE have average package of 8-10 lpa.