Master’s in Business Administration (MBA) is one of the most coveted courses in India at the post-graduate level. The article is a perusal of the top MBA colleges located in the city of Mumbai
The Indian education system has long been influenced by the westerners. Though the idea of academics has been dominated the same for a long time, with the passage of time, a trend emerged of students opting for professional courses that ensured ready placements upon the completion of the degree. Such courses began to become a favourite with Indians as they started focusing on building a career for themselves.
Masters of Business Administration (MBA) is one such course that continues to dominate the educational structure at the post graduate level. Certain visionaries were farsighted enough to launch institutes dedicated to the study of management education. Established post-1947, XLRI is one of the oldest management institutes in the country.
Mumbai, the commercial hub of India, is also a well-known educational hub of western India. Home to one of the oldest universities in India Mumbai is dotted with numerous educational institutes. From traditional courses to professional ones – one can chose from a plethora of options in Mumbai. Not to mention that one can definitely choose from a plenty of MBA colleges in Mumbai if one looks forward to pursuing an MBA. Since the city is the established business capital, it boats of some of the top-notch business schools. All the MBA Institutes offer both Full-time and Part-Time MBA. Let us take a quick look at some of the top MBA Colleges in Mumbai.
Jamnanlal Bajaj Institute of Management Studies
Founded in 1965, Jamnanlal Bajaj Institute of Management Studies is not only the city’s top-notch management institutes but it is often ranked as Asia’s top thirty MBA colleges. JBIMS was established by the University of Mumbai in collaboration with the Graduate School of Business, Stanford. University. Programs offered are Masters in Management Studies spread over two years and Executive MBA programme spanning duration of only a year. Admission is based on the Common Entrance Test (CET) followed by a group discussion and a personal interview. The average cost I around Rs. 80000.
SP Jain Institute of Management & Research
This management institute was founded in 1981, is a well-known management institute of the city as well as the country. A unit of the Bharatiya Vidya Bhavan, the institute offers a wide range of programmes and courses pertaining to the same. Some of the major courses offered are
- Postgraduate diploma in management – two year full time residential programme.
- Postgraduate program in management – 11 month full time residential programme.
- Family managed business – Two Year course which includes a foreign visit
- Executive management programme – 21 months with 60 days at the Mumbai campus
- PhD short duration programmes
- Postgraduate diploma in systems management & masters in Information Technology – two year globally focused degree programme provided in collaboration with Virginia tech USA
Narsee Monjee Institute of Management Studies
This institute has undergone tremendous changes since its inception. Today, Narsee Monjee Institute of Management Studies is ranked among the top B-Schools in the country. The top courses offered are Full-time and Part-time MBA. Granted the status of a Deemed University, today the institute has campuses in Shirpur, Bamgalore and Hyderabad apart from Mumbai. The school offers full-time MBA programmes as well as executive programmes in various fields – from Actuarial Sciences to Human Resources.
Apart from the abovementioned ones, the city has other MBA institutes as well from where students can pursue their studies in management. Among other institutes, the names include
- National Institutes of Industrial Engineering
- Shailesh J Mehta School of Management, IIT Mumbai
- K.J. Somaiya Institute of Management Studies and Research (SIMSR)
- Welingkar Institute of Management
- Tata Institute of Social Sciences
Known as the Gateway of India, Mumbai has some of the better-known B-Schools in the country.
Author Bio: Sampurna Majumder is a professional writer and a passionate blogger. Currently she is writing content for several websites such as Shiksha.Com that cover latest trends related to education in India such as these as well as other fields.