Mumbai is home to many premier management institutes which attract large number of MBA aspirants to Mumbai every year. Since long it has been a desired destination among students for pursuing courses in architecture, research, IT and animation but now the growing number of business schools have also made it a favourite place for MBA aspirants. Emerging as an educational hub, these institutes have contributed majorly in making the literacy rate of the city to 82.91%. Some of the leading business schools located in Mumbai include SPJIMR, JBIMS, NMIMS, NITIE Mumbai, KJ Somiaya, IIT Mumbai, and many others.
Let us go through some of them in brief:
Jamnalal Bajaj Institute of Management Studies (JBIMS), University of Mumbai- The institute was established in 1965 and is the 3rd oldest management institute in India. JBIMS was set up by the University of Mumbai in collaboration with the Graduate School of Business, Stanford University. The institute offers Master in Management studies full time and part time programs, admission to which is done on the basis of MH-CET and institutes own entrance exam. The average salary grabbed by the students of the institute in placements this year is Rs. 15.54 lakhs.
KJ Somaiya Institute of Management Studies & Research (SIMSR) Mumbai- The institute was founded in 1981. The Institute is constantly rated as A+ (Indian Management - AIMA/IMRB Survey September 2008) and ranked amongst the top 16 B-schools in India (Business Today. 2009). The institute offers programs in Post Graduate Diploma in Management (PGDM), PGDM (International business), PGDM (Retail), PGDM (FS), PGDM (Executive). Admission of candidates is done on the basis of CAT, GMAT, XAT, MH-CET and ATMA scores.
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai- The institute was founded in 1981 and recently has been ranked as 4th best B-School in India by Businessworld B-School Survey. There are 7 schools under NMIMS offering programs in Management, Technology, Pharmacy, Science and Commerce at graduate, post graduate and doctorate levels. NMIMS has connections with many international foreign universities such as Western University, US, Grenoble Ecole de Management, France, The Royal Melbourne Institute of Technology (RMIT) Australia, Athens University of Economics and Business, Greece, Rouen Business School, France, ESSCA dAngers and Budapest. It also has tie-ups with Harvard business School for Faculty development Program.
SP Jain Institute of management & Research (SPJIMR) Mumbai- SPJIMR was setup in 1981. Different programs offered by the institute include 1 year and 2 year PGDM program, family managed business (FMB) and Executive Management Program (EMP). The institute also offers short term courses. SPJIMR has its 2 international campuses at Dubai and Singapore. Admission to the institute is based on CAT, XAT, GMAT and institute own entrance test scores.
Shailesh J Mehta School of Management (SJMSOM), IIT Bombay- SJMSOM was founded in 1958. The institute is known worldwide for its engineering and management programs. The institute offers masters program in management. Candidates are admitted on the basis of JMET scores.
The students aspiring for MBA in Mumbai can opt for any of these B-schools. These B-Schools ensure academic excellence along with exciting career opportunities.