15 Best MBA Colleges in Mumbai: Fees, Average and Highest Placement Packages
- pradnyaoza456
- Jul 12, 2023
- 3 min read
Updated: Nov 20, 2024

Mumbai, the financial capital of India, is a hub of opportunities for management aspirants. With numerous prestigious MBA colleges, the city offers many choices for students seeking quality education and promising career prospects. In this blog, we will explore the top https://rahulsirclasses.in/https://rahulsirclasses.in/, along with their fees and average and highest placement packages.
1. Jamnalal Bajaj Institute of Management Studies (JBIMS):
Fees: Approximately Rs. 2-3 lakhs per annum
Average Placement Package: Around Rs. 20-25 lakhs per annum
Highest Placement Package: Up to Rs. 50 lakhs per annum
2. SP Jain Institute of Management and Research (SPJIMR):
Fees: Approximately Rs. 17-20 lakhs for the entire program
Average Placement Package: Around Rs. 26-28 lakhs per annum
Highest Placement Package: Up to Rs. 50-55 lakhs per annum
3. Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay:
Fees: Approximately Rs. 4-5 lakhs per annum
Average Placement Package: Around Rs. 20-22 lakhs per annum
Highest Placement Package: Up to Rs. 40-45 lakhs per annum
4. Narsee Monjee Institute of Management Studies (NMIMS):
Fees: Approximately Rs. 10-12 lakhs for the entire program
Average Placement Package: Around Rs. 18-20 lakhs per annum
Highest Placement Package: Up to Rs. 30-35 lakhs per annum
5. K. J. Somaiya Institute of Management Studies and Research:
Fees: Approximately Rs. 10-12 lakhs for the entire program
Average Placement Package: Around Rs. 9-10 lakhs per annum
Highest Placement Package: Up to Rs. 18-20 lakhs per annum
6. National Institute of Industrial Engineering (NITIE):
Fees: Approximately Rs. 8-9 lakhs for the entire program
Average Placement Package: Around Rs. 18-20 lakhs per annum
Highest Placement Package: Up to Rs. 40-45 lakhs per annum
7. Prin. L. N. Welingkar Institute of Management Development and Research (WeSchool):
Fees: Approximately Rs. 10-12 lakhs for the entire program
Average Placement Package: Around Rs. 8-9 lakhs per annum
Highest Placement Package: Up to Rs. 15-18 lakhs per annum
8. ITM Business School:
Fees: Approximately Rs. 7-8 lakhs for the entire program
Average Placement Package: Around Rs. 6-7 lakhs per annum
Highest Placement Package: Up to Rs. 10-12 lakhs per annum
9. MET Institute of Management:
Fees: Approximately Rs. 4-5 lakhs for the entire program
Average Placement Package: Around Rs. 5-6 lakhs per annum
Highest Placement Package: Up to Rs. 8-10 lakhs per annum
10. SIES College of Management Studies:
Fees: Approximately Rs. 4-5 lakhs for the entire program
Average Placement Package: Around Rs. 5-6 lakhs per annum
Highest Placement Package: Up to Rs. 8-10 lakhs per annum
11. Chetana's Institute of Management and Research:
Fees: Approximately Rs. 3-4 lakhs for the entire program
Average Placement Package: Around Rs. 4-5 lakhs per annum
Highest Placement Package: Up to Rs. 6-8 lakhs per annum
12. Mumbai Educational Trust (MET) Mumbai:
Fees: Approximately Rs. 6-7 lakhs for the entire program
Average Placement Package: Around Rs. 6-7 lakhs per annum
Highest Placement Package: Up to Rs. 10-12 lakhs per annum
13. Rizvi Institute of Management Studies and Research:
Fees: Approximately Rs. 2-3 lakhs for the entire program
Average Placement Package: Around Rs. 3-4 lakhs per annum
Highest Placement Package: Up to Rs. 5-6 lakhs per annum
14. Kohinoor Business School:
Fees: Approximately Rs. 4-5 lakhs for the entire program
Average Placement Package: Around Rs. 4-5 lakhs per annum
Highest Placement Package: Up to Rs. 6-7 lakhs per annum
15. N. L. Dalmia Institute of Management Studies and Research:
Fees: Approximately Rs. 5-6 lakhs for the entire program
Average Placement Package: Around Rs. 5-6 lakhs per annum
Highest Placement Package: Up to Rs. 8-10 lakhs per annum
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