Top MBA colleges in Mumbai offer a variety of courses and superb placements. There 109 private colleges and 10 government colleges. The average fees range between 12 to 18 Lakhs INR for 2 years. S P Jain Institute of Management and Research (SPJIMR) is without a doubt among the 5 top MBA colleges in Mumbai. SPJIMR comes under Bharatiya Vidya Bhavan and functions as an autonomous college.
SPJIMR is currently ranked 18th by NIRF 2020 and offers 5 Full-TIme Residential courses - PGDM, PGPM, GMP, PGMPW, FPM, PGPFMB. The college also offers 2 Executive programs, 3 Family Business Programs, and 2 Entrepreneurship courses. Read further down to know why SPJIMR is rated among 5 top MBA colleges in India.
Established in 1981, SPJIMR is among 5 top MBA colleges in Mumbai. The college offers various courses in the field of management and accepts admission based on the scores in XAT, MAT, GMAT, GRE, CAT, etc. The college is spread over a sprawling 45 acres campus offering state of the art facilities to its students.
Another reason behind SPJIMR being rated among top MBA colleges in Mumbai is that; it’s courses are accredited by AACSB, AMBA, AICTE, NBA. The college also offers superb placements, with the highest package reaching up to 51 LPA CTC. The average package is about 27 LPA CTC.
College Name | NIRF Ranking 2020 | NIRF 2020 Graduate Outcome Indicator | Average Annual Fee |
SJMSOM, IIT - Bombay | 11 | 86.46/100 | INR 4,24,000 |
National Institute of Industrial Engineering | 12 | 92.77/100 | INR 6,00,000 |
S P Jain Institute of Management and Research (SPJIMR) | 18 | 97.99/100 | INR 14,00,000 |
SVKM’s Narsee Monjee Institute of Management Studies | 24 | 90.20/100 | INR 9,25,000 |
K. J. Somaiya Institute of Management Studies & Research | 56 | 84.19/100 | INR 2,60,000 |
Principal L N Welingkar Institute of Management Development and Research | 68 | 77.35/100 | INR 5,50,000 |
Bhartiya Vidhya Bhawan’s SPJIMR has already inducted the 2020 to 2022 batch. The class comprises 240 students, out of which 100 students are girls. Thus, the college maintains gender diversity and is rated among top MBA colleges in Mumbai. Also, there is diversity from the point of educational & professional background. The batch comprises 27% of students from non-engineering backgrounds and 87% of the students are experienced. A lot depends on the class profile of any MBA course. The diversity in SP Jain’s class profile proves why it is reckoned among top MBA colleges in Mumbai.
Listed below are the various courses offered at this top Management Institute in Mumbai.
Course | Eligibility |
PGDM or Post Graduate Diploma in Management | One must be a graduate with a minimum of at least 50% in aggregate and must appear for CAT or GMAT. |
Post Graduate Program in Management or PGPM | |
FPM or Fellow Program in Management | Post Graduate degree in Management with a minimum of 55% marks + GMAT or GRE or CAT or NET mgt. or MAT or XAT or PET. |
GMP | One must be a graduate in any stream with at least 3 years of work experience in the relevant sector. |
Post Graduate Management Program for Women | Graduation in any stream with at least 5 years of work experience in the relevant area. |
Post-Graduation in Family Managed Business | One must be a graduate from a recognized university. |
PGEMP (Post graduate in Executive Management) | Graduation in any stream with at least 5 years of work experience with at least 50% marks. |
PG Program in Development Management | Graduation in any discipline with 2 years of work experience. |
PG Program - General Management | One must be a graduate in any discipline with 5 years of experience with a minimum of 50% overall marks. |
Global Management Program | Graduation with at least 60% of aggregate marks + GMAT or GRE or CAT or XAT scores. |
Another factor which decides the stature of any MBA colleges in India is the campus and facilities provided. Besides a sprawling 45 acres campus, this top college boasts of a superb Library, Information Technology Center, Playground, Basketball & Volleyball Court, and others. The college also conducts and participates in various cultural, educational & sports events. All of these makes this college as one of the top MBA colleges in Mumbai.
Top MBA colleges in Mumbai offer superb placements. SPJIMR is no exception in this regard. Last year, the college witnessed a total of 122 companies and job roles were offered to 238 participants. Also, the institute witnessed 44 new employers, which is a sign of any top MBA colleges in Mumbai. The Consulting sector issued at least 28% of offers in the 2019-2020 session.
Top employers visit the campus of one of the top MBA colleges in Mumbai every year. Some of these companies are - Goldman Sachs, Boston Consulting Group, Barclays, IIFL, Bajaj Finserv, McKinsey & Company, PwC, EY, Bain & Company, Deloitte, Capgemini, Bristlecone, American Express, HSBC IB, Duff & Phelps, JM Financial, DBS Bank, ICICI Bank and many more.
The average placement package at SPJIMR increased last year; it was 26.35 LPA CTC against 22.9 LPA CTC in 2018-2019. Quite encouraging, isn't it!
Well, we will like to substantiate a few reasons why SPJIMR is among the 5 top MBA colleges in Mumbai here.
With CAT 2021 to be held next year, SPJIMR is surely going to get a look into by successful MBA aspirants. Due to various reasons, as mentioned above, it is among the top MBA colleges in Mumbai. Stay tuned for further information on management colleges in India & Mumbai. All the best!
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