Top Online MBA Colleges in Mumbai
March 24th, 2025: 15 min
Mumbai, also known as India’s financial capital, is a popular hub for education. It is home to many prestigious institutes offering a wide range of courses. One such popular course is an online MBA, which allows students to acquire key managerial skills, business acumen, and leadership skills. Online MBA colleges in Mumbai provide quality business management education to the working population, aspiring entrepreneurs, and anyone who wishes to pursue higher education through remote learning due to time and location constraints. The online programs offer affordability and flexibility compared to campus-based courses.
Top Online MBA Colleges in Mumbai by Ranking 2024
|
NIRF Rank (University Category) |
NAAC Grade |
University |
MBA Specializations |
Fee (In INR) |
|
1(Open University Category) |
A++ |
IGNOU - School of Management Studies |
Operations, Finance Management, Human Resources |
60,000 |
|
32 |
A+ |
Amity University Online |
International Finance, Digital Marketing Management, Business Analytics, Data Science, HR Analytics, Digital Entrepreneurship |
1,99,000 |
|
44 |
A++ |
D Y Patil University |
Hospital Administration, Operations Management, FinTech, International Business, AI & ML, Business Analytics, HRM, Marketing, Finance, Project Management, IT Management, Blockchain, Digital Marketing, Logistics, Supply Chain, Agri-Business Management |
1,69,200 |
|
NA |
Yes |
Yashwantrao Chavan Maharashtra Open University |
Human Resource Management, Marketing, Finance |
38,996 |
Top Private MBA Colleges in Mumbai
The top private online MBA colleges in Mumbai have modern syllabi, pragmatic teaching techniques, efficient digital resources, and a powerful industry interface that assists in upgrading students’ skills and leadership qualities. Most of these institutions have been known to offer good placements with leading organizations. Thus, they ensure participants get value for their money by offering them well-paid jobs.
Mumbai's online MBA colleges have flexible course structures and experienced faculty members. Below is the detailed list of top private MBA colleges in Mumbai:
-
D Y Patil University
D Y Patil University, one of the top online MBA institutes in Mumbai, has a rich 38-year legacy of academic excellence. It has a dedicated online learning center that offers several MBA courses. The remote learning programs are crafted to align with industry trends and delivered online using modern technologies.
- NIRF Ranking- 44
- Recognitions: UGC-recognized, NAAC A++ accredited and approved by AICTE, ASSOCHAM, AIU and WES.
- Specializations Offered: Hospital Administration and Health Care Management, Operations Management, FinTech Management, International Business Management, Artificial Intelligence & Machine Learning, Business Analytics, Human Resource Management, Marketing Management, Finance Management, Project Management, IT Management, Block Chain Management, Digital Marketing, Logistics, Materials & Supply Chain Management, Agri-Business Management
- Fee Structure: INR 1,69,200
- Average Salary: INR 4,60,000
-
Amity University Online
Amity is India’s first private university to be a member of the Digital Education Council. It is recognized for its innovative online education system, which offers several management study programs with a comprehensive course structure.
- NIRF Ranking - 32
- Recognitions: UGC-recognized, NAAC accredited with A+ grade, AICTE approved, AIU member.
- Specializations Offered: International Finance, Digital Marketing Management, Business Analytics, Data Science, HR Analytics, Digital Entrepreneurship.
- Fee Structure: INR 1,99,000,
- Average Salary: INR 6,00,000
Eligibility and Admission in Private Colleges
The basic admission parameters for the online MBA courses at private colleges are almost similar. The candidates must hold a bachelor’s degree in any subject from a recognized University.
Admission Process: Most universities require applicants to first register on their admission portal, fill out application forms, and upload documents such as marks sheets/transcripts, identity proof, etc. The university admissions team will select the eligible candidates, after verifying the documents. Successful applicants can pay the program fees and secure their seats.
Entrance Exam Requirement
Most private colleges don’t require an entrance exam score for admission to their online MBA courses. However, some universities may conduct their entrance test to screen eligible candidates or may ask for a valid score from some accepted state—or national-level entrance exams. Some of the popular MBA entrance tests are:
- CAT (Common Admission Test)
- MAT (Management Aptitude Test)
- XAT (Xavier Aptitude Test)
- CMAT (Common Management Admission Test)
Top Government MBA Colleges in Mumbai
Students highly seek government online MBA colleges in Mumbai due to their commitment to value-based education. These institutions offer updated and industry-relevant specializations to align with changing market conditions and employer demands. Admission to these colleges is very competitive.
-
IGNOU - School of Management Studies
IGNOU (Indira Gandhi National Open University) is a central government-managed open university that offers higher education to working professionals and students in a distance and online mode.
- NIRF Ranking: 1st rank in open university
- Recognitions: UGC-recognized, NAAC accredited with A++ grade and AICTE, AIU and MHRD approved
- Specializations Offered: Operations, Finance Management, Human Resources
- Fee Structure: INR 60,000
- Average Salary: INR 5,00,000
-
Yashwantrao Chavan Maharashtra Open University
It is a state-open university that offers online education in various fields, including arts, commerce, science, and management. The Institution provides well-crafted online resources and study materials.
- NIRF Ranking: NA
- Recognitions: Recognized by UGC
- Specializations Offered: Human Resource Management, Marketing, Finance
- Fee Structure: INR 38996,
- Average Salary: INR 2,70,000.
Eligibility and Admission in Government Colleges
The basic admission requirements for online MBA courses at government colleges are similar. Candidates must hold a bachelor’s degree from a recognized University or institution to gain a seat.
Admission Process: The admission process in top-rated online MBA colleges in Mumbai usually includes online registration, document submission, and fee payment.
Entrance Exam Requirement
To be admitted to the online MBA programs, most government universities do not require an entrance exam score. However, certain colleges may conduct their entrance exam or require applicants to produce a valid score from a recognized state- or national-level entrance exam. Several well-liked MBA entrance tests include:
- CAT (Common Admission Test)
- MAT (Management Aptitude Test)
- XAT (Xavier Aptitude Test)
- CMAT (Common Management Admission Test)
Top MBA Colleges in Mumbai with Low Fees
Some top online MBA colleges in Mumbai offer courses at comparatively lower fees without compromising the quality of education. These colleges offer quality management courses, qualified faculty, tie-ups with industries and placement facilities, and offer complete education and training needed to face the stiff business market.
-
Yashwantrao Chavan Maharashtra Open University
The Institution provides quality education at an affordable rate. It is one of the best institutes for online MBA in Mumbai offering excellent quality of education through a well-structured curriculum, highly qualified faculty, and modern teaching methods.
- Fee: INR 38,996
- Specializations Offered: Human Resource Management, Marketing, Finance
- Average Salary: INR 2,70,000.
Online MBA Colleges in Mumbai Known for the Highest Salary Package
Many top-rated online MBA colleges in Mumbai are known for offering placement assistance to students. The recruiters often offer a high salary package for the graduates.
Amity University Online
Amity University offers several online management study programs with great career scope in the industry. They help the graduates get lucrative jobs.
- Highest Salary: INR 6,00,000
- Specializations Offered: International Finance, Digital Marketing Management, Business Analytics, Data Science, HR Analytics, Digital Entrepreneurship.
- Fee Structure: INR 1,99,000
FAQs
- Do the top online MBA schools in Mumbai offer placement services?
The placement services provided vary from university to university. You must research the top online MBA programs in Mumbai to ascertain the specifications.
- Which MBA specialization is best?
The best online MBA schools in Mumbai offer multiple specializations like FinTech Management, Digital Entrepreneurship, Marketing, Finance, and more. The ideal specialization varies based on the individual student's interests and career goals.
- What is the syllabus of an Online MBA?
Some of the topics covered in an online MBA are Corporate Finance, Consumer Behaviour, Business Communication, Managerial Ethics, and Marketing Management.
- What are the job roles after an MBA?
Some popular job roles after an MBA are Project Manager, Business Analyst, Digital Marketing Manager, Business Operations Manager, and Product Manager.
- Which industry is best for MBA graduates?
An MBA prepares learners for diverse roles in industries like Consulting, Technology, Finance, Retail, and Real Estate.