Best MBA & PGDM Colleges in Mumbai 2027: Fees, Direct Admission & ROI

Mumbai, the Financial Capital of India, houses head offices of major commercial banks, investment firms, and corporate giants. Studying MBA or PGDM in Mumbai gives students unparalleled opportunities to network and land banking and finance roles.

Compare the top business schools in Mumbai and Navi Mumbai for 2027.

🏆 Top Mumbai B-Schools (2027 Batch)

1. ATLAS SkillTech University

• Accreditation: UGC Approved · Modern Digital University
• Total Fees: ₹11.55L - ₹12.05L (Total)
• About: ATLAS SkillTech University is a state-of-the-art urban university located in Kurla, Mumbai (adjoining the Bandra-Kurla Complex). ATLAS offers MBA programs focused on digital technologies, design thinking, entrepreneurship, and global business models.
• Highlights:
  • Urban campus next to Bandra-Kurla Complex corporate hub
  • Focus on design-thinking, tech, and product management
  • Active mentorship from prominent Mumbai venture funds
  • Elite placement packages in consultancy, banking, and startups

2. Universal Business School (UBS Mumbai) / Universal AI University

• Accreditation: AICTE Approved · India's 1st AI University
• Total Fees: ₹9.50L - ₹12.50L (Total)
• About: Universal Business School (now Universal AI University) in Karjat, Mumbai, is India's first dedicated AI university. UBS offers AICTE-approved PGDM and MBA programs endorsed by 60 global CEOs, featuring a green residential campus and high international links.
• Highlights:
  • First AI-embedded business school curriculum in India
  • Lush residential green campus in Karjat valley
  • Endorsed by 60 global CEOs for placement opportunities
  • Dynamic global MBA options with UK/USA university degrees

3. ITM Business School (Navi Mumbai)

• Accreditation: AICTE Approved · NBA Accredited · NAAC Grade A
• Total Fees: ₹12.45 Lakhs (Total)
• About: ITM Business School Kharghar (Navi Mumbai) is a highly prominent management institute in Maharashtra. Supplying PGDM programs, ITM highlights its 5-month intensive industry internship program (iConnect) for exceptional corporate transitions.
• Highlights:
  • 5-Month intensive industry internship (iConnect)
  • Lush Kharghar campus with premium smart classrooms
  • Excellent record of placement in top consulting & logistics MNCs
  • Global academic exchanges and simulations

4. J.S. Kothari Business School

• Accreditation: AICTE Approved B-School
• Total Fees: ₹4.85 Lakhs (Total)
• About: J.S. Kothari Business School provides a value-driven PGDM program in Mumbai. Focused on affordable fee modules, practical personal development, and corporate grooming to help students secure roles in banking, retail, and FMCG sectors.
• Highlights:
  • Highly affordable fee package in Mumbai region
  • Core focus on practical sales & finance skills
  • Regular guest lectures from local industry practitioners
  • Active career placement drives

5. Amity University (Mumbai Campus)

• Accreditation: UGC Approved · WES Globally Recognized
• Total Fees: ₹10.25 Lakhs (Total)
• About: Amity University Mumbai, located in Panvel, features a highly sophisticated campus layout. Providing an elite MBA program with smart labs, international university ties, and WES global recognition, it is a preferred option for global jobs.
• Highlights:
  • Lush modern residential campus in Panvel region
  • WES approved for foreign studies/visas
  • Excellent placement cell with top tier-1 recruiters
  • Strong industrial visit and guest lecture programs

6. [JAGSoM (Jagdish Sheth School of Management)](/blog/jagsom-mumbai)

• Accreditation: AICTE Approved · AACSB Accredited Brand
• Total Fees: ₹11.50 Lakhs (Total)
• About: JAGSoM Greater Mumbai campus in Karjat brings the legacy of the AACSB-accredited Jagdish Sheth School of Management. Featuring domain-led education, mentored by Padmashri Jagdish Sheth, JAGSoM grooms professionals for international roles.
• Highlights:
  • AACSB Accredited brand flagship extension
  • Domain-led specialized management modules
  • Top placement linkages in consulting, finance, and marketing
  • Lush residential campus in Karjat

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📊 Comparison Matrix

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