The CMAT is a national-level entrance exam conducted by the National Testing Agency (NTA) for admission to management programs in India. Mumbai, being a major educational centre, hosts many prestigious MBA colleges that accept CMAT scores. In this article, we shall discuss the top MBA colleges in Mumbai accepting CMAT scores, their fees, average placement packages, etc.
- Almost 95% of the business schools in Mumbai accept the score of CMAT exam for the admission process.
- JBIMS is the top-ranked CMAT-accepting b school in Mumbai, followed by the KJ Somaiya and P.L. Welignkar in 2025.
- The top 10 CMAT Accepting management institutes in Mumbai have a cutoff of 80+ percentile.
- Average Salary offered by the CMAT-accepting MBA/PGDM colleges in Mumbai is around 7.56 LPA in 2025.
- JBIMS, KJ Somaiya, Welingakr, SIES are also among the top CMAT Accepting MBA colleges in India.
Top MBA Colleges in Mumbai Accepting CMAT Scores
| Rank | College Name | Location | Fee | Placement |
|---|---|---|---|---|
| 1 | Jamnalal Bajaj Institute of Management Studies (JBIMS) | Mumbai | 6.1 | 26.1 |
| 2 | K J Somaiya Institute of Management | Mumbai | 22.32 | 12.8 |
| 3 | Prin. L. N. Welingkar Institute of Management Development and Research (WeSchool) | Mumbai | 7 | 13.6 |
| 4 | SIES College of Management Studies (SIESCOMS) | Navi Mumbai | 6.9 | 9 |
| 5 | N. L. Dalmia Institute of Management Studies and Research | Mumbai | 16.5 | 10.28 |
| 6 | MET Institute of Management | Mumbai | 12.06 | 6.56 |
| 7 | Chetana’s Institute of Management and Research | Mumbai | 5.5 | 6.5 |
| 8 | Thakur Institute of Management Studies and Research | Mumbai | 4.48 | 3.6 |
| 9 | Atharva Institute of Management Studies | Mumbai | 5.1 | Na |
| 10 | Kohinoor Business School | Mumbai | 5.25 | 8.1 |
| 11 | IES’s Management College and Research Centre | Mumbai | 8.25 | 7.5 |
| 12 | Vivekanand Business School (VBS) | Mumbai | 9.5 | 7 |
| 13 | Aditya Institute of Management Studies and Research | Mumbai | 1.77 | 6.75 |
| 14 | Xavier Institute of Management and Research | Mumbai | 5 | 4.2 |
| 15 | St. Francis Institute of Management and Research | Mumbai | NA | Na |
| 16 | Rizvi Institute of Management Studies and Research | Mumbai | 2.3 | 4.8 |
| 17 | Lala Lajpatrai Institute of Management | Mumbai | 3.4 | 5.1 |
| 18 | Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE) | Mumbai | 1.8 | NA |
| 19 | Institute of Management Technology (IMT) | Navi Mumbai | 11.95 | 5.3 |
| 20 | Universal Business School | Mumbai | 8.5 | 8 |
Also Check – Top MBA Colleges in India Accepting CMAT Score 80-90 Percentile | Top MBA Colleges Accepting CMAT Score 70-80 Percentile
Detailed Overview of Some Selected Colleges:
Prin. L.N. Welingkar Institute of Management Development & Research
- Program Offered: Post Graduate-Diploma-in-Management (PGDM).
- Total Fees: Approx. 7.00 lakhs.
- Average Placement Package: About 13.6 lakhs per annum.
- Highlights: WeSchool is a pioneer in innovative learning through emphasizing on a plethora of areas of specialization for PGDMs with an excellent industry interface striving for the best placement opportunities. It is among the top 100 MBA colleges in India.
K J Somaiya Institute of Management
- Program Offered: MBA.
- Total Fees: Approx. 22.30 lakhs.
- Average Placement Package: Around 12.80 lakhs per annum.
- Highlights: A Comprehensive MBA program with a variety of specializations stands across the country on a robust tally of placement of top recruiters from diverse sectors.
SIES College of Management Studies
- Program Offered: MMS.
- Total Fees: Approx. 6.9 lakhs.
- Average Placement Package: Around 9.00 Lakhs PA.
- Highlights: SIES provides MMS with an overall approach towards the development of the student. The placement is consistently good for this college as many reputed companies visit every year.
Chetana’s Institute of Management and Research
- Program Offered: Post Graduate Diploma in Management (PGDM).
- Total Fees: Approx. 5.50 lakhs.
- Average Placement Package: Around 6.50 lakhs per annum.
- Highlights: Chetana’s runs a PGDM program on course curriculum calibrated around industry standards. The institute has a decent placement record among many recruiters.
MET Institute of Management
- Highlights: Emphasizes Global Mindset in its MMS Programme. It has a Dedicated Placements Cell to ensure Availability across Domains.
- Program Offered: Master of Management Studies (MMS).
- Total Fees: Around 12.06 lakhs.
- Average Placement Package: Approximately up to about 6.56 Lakhs PA.
Also check – Schedule of Upcoming MBA Entrance Exams 2025
About CMAT Exam
Usually the CMAT is conducted in the month of January each year. In most cases, the application process is initiated in November of the previous year. The exam fees approximate around Rs.2,000 for the general category candidates and Rs.1,000 for reserved categories. The CMAT is conducted on multiple parameters like Assessment of Quantitative Techniques, Logical Reasoning, Language Comprehension, and General Awareness, towards understanding the candidates. Merit score of CMAT boosts opportunities in admission to these reputed institutes.
Check out – Top MBA Colleges in Rajasthan Accepting CMAT | Top MBA Colleges in Delhi Accepting CMAT
Conclusion on Top MBA Colleges Accepting CMAT Scores in Mumbai
Everyone needs to realize Mumbai city is one place where an MBA aspirant will not be left behind, particularly if he has a valid CMAT. The above institutes are some reputed ones, well known for educational quality, highly qualified faculties, and strong placement records. Interested aspirants are thus encouraged to visit the official websites of these colleges for better and updated information. Research and apply on time to get into one of these prestigious institutions.
Right up there among the crucial decisions of life is the selection of an appropriate MBA college because it cannot be made in isolation from many other issues. CMAT can get a student into some of the finest management institutions in Mumbai. Nonetheless, one should decide which to seek admission to after examining the course structure, faculty, placements, and fees.
