Top PGDM College in Mumbai 2025: Ranking, List, Placement & Fee

Top PGDM College in Mumbai 2025: In Mumbai, there are over 60 Colleges that offer the PGDM course. Based on both NIRF Rankings 2025 and IIRF Rankings 2025, colleges such as SPJIMR, Prin LN Welingkar Institute of Management Development & Research, NLDIMSR, etc, are among the Top PGDM Colleges in Mumbai.

Top Colleges in Mumbai offer a two-year PGDM course at the Postgraduate level in around 15 specialisations such as Marketing, General Management, Agribusiness Management, Business Analytics, Business Management, Operations, etc. The average fee for top PGDM Colleges in Mumbai ranges between INR 22,500 and INR 22.50 lakh (The fee varies by college to college).

Top PGDM Colleges in Mumbai Latest Updates

• The registration window is open now for the CAT 2025 entrance exam for admission into the PGDM course in the top colleges of Mumbai. The exam has been announced to be conducted on 30 November 2025 by IIM Kozhikode, and the deadline to apply was 20 September 2025.

The basic requirements for PGDM courses that a candidate must meet are having a bachelor’s degree with a minimum of 50% marks. Admission is done based on merit and national-level entrance exams such as CAT, MAT, XAT, GMAT, ATMA, or MAH-CET. Selection is based on Written Assessment (WA), Group Discussion (GD), and Personal Interview (PI). Candidates who wish to pursue executive PGDM may require work experience as well, depending on the college. To know more about eligibility, fee structure, ranking, admission process, cutoff, and more of the top PGDM colleges in Mumbai, read the full article.

Top PGDM Colleges in Mumbai Ranking 2025

As per the NIRF Ranking 2025, two colleges in Mumbai are placed at the top list for providing the PGDM course. One is SPJIMR, which has been ranked 20th, and the second is Prin LN Welingkar Institute of Management Development & Research, which has been ranked at 75th under the Management category. To know more about the PGDM Colleges ranking, check the table below: 

Top PGDM Colleges in Mumbai 2025

Mumbai has over 60 top colleges that offer the PGDM course in multiple streams like Banking and Finance, Marketing, HR, Business Analytics, and many more. The course is offered for a minimum term of two years. To get admission at PGDM courses in Mumbai colleges, candidates are required to have a Bachelor’s degree with a minimum required percentage and a valid score of CAT, MAT, XAT, CMAT, GMAT, MAH-CET, etc. 

The minimum eligibility percentage will differ according to the colleges; however, it is strictly advised to secure at least 50% marks in a Bachelor’s degree. PGDM Colleges in Mumbai also have an excellent placement record. SPJIMR, which is among the Top PGDM Colleges in Mumbai, has offered an attractive highest salary package of INR 89 LPA to students. 

Top 10 PGDM Colleges in Mumbai

Among the best PGDM colleges in Mumbai, some of the colleges are ranked at the top position with top-notch education, advanced infrastructure, and excellent placement opportunities. Go through the table below to know about the Top 10 PGDM Colleges in Mumbai: 

SPJIMR Mumbai is a Good Choice to Pursue PGDM in Mumbai

SPJIMR, or SP Jain Institute of Management and Research, was established in 1981 and is located in the heart of Mumbai. SPJIMR is one of the top-ranked PGDM colleges in Mumbai. According to the NIRF Rankings 2025, SPJIMR has been ranked 20th under the Management category for providing the PGDM course. Whereas, as per the IIRF Rankings, SPJIMR is placed at 1st in Mumbai for the best B-Schools for PGDM.

The institute offers a two-year residential PGDM course that is approved by the AICTE and accredited by the NBA. Admission to the PGDM programs is based on merit and the entrance score of either CAT or GMAT. 

A minimum of 50% in a Bachelor’s degree with a valid score of either two of the entrance exams must be fulfilled when applying. Newly graduated candidates and candidates having a maximum of 5 years of work experience can apply. 

The institute is going to start accepting applications for the academic year 2026 by September 2025. The applications are going to be closed in November 2025 (Tentative). The fee for this course is INR 22.5 lakh. The institute has an excellent placement drive with 100% support from the placement cell. The highest CTC offered to a candidate was INR 89 LPA.

Welingkar Mumbai is the Best College for PGDM in Mumbai

Prin LN Welingakar Institute of Management Development and Research, or popularly known as WeSchool, is one of the top Business and Management colleges not only in Mumbai but also in India. The institute has ranked 84th by the NIRF 2024 rankings in the Management category. 

The institute offers an AICTE-approved two-year flagship PGDM course in many specialisations, such as Human Resources, Operations, Marketing, Finance, etc. PGDM admission at Welingkar will be accepted once the candidate fulfills all the minimum required qualifications. An academic score of a Bachelor’s degree with at least 50% and the national-level entrance exams, such as CAT-2024/ XAT-2025/ ATMA-2024/2025, GMAT-2022/ or CMAT-2025, must be met. Selection is done through the Written Test score/ Personal Interview/ and Professional Experience. 

The PGDM course tuition fee costs INR 7,00,000 annually. Apart from that, the institute also emphasises providing the best career opportunities through placement. According to the placement report for the batch 2022-2024, the domestic highest and average package stood at INR 22 LPA and INR 12.17 LPA, respectively. Whereas the international highest and lowest packages offered to the candidates were INR 24.35 LPA and 22.38 LPA, respectively. 

N L Dalmia Institute of Management Studies and Research For PGDM in Mumbai

Set up in 1995, NLDIMSR is one of the top destinations among candidates for the PGDM course. The institute is among the top acknowledged B Schools in Mumbai. The IIRF Rankings 2025 have placed this institute at 10th position in Mumbai for the best institute offering PGDM. 

With the approval of AICTE, NLDIMSR offers a two-year PGDM course in many disciplines, such as Finance, Marketing, and Human Resources. The eligibility criteria for these courses include a Bachelor's degree with a minimum aggregate percentage as per the AICTE norms, and a valid score of one of the entrance exams conducted at the state level or national level. Accepted entrance exams include CAT, XAT, MAT, CMAT, GMAT, ATMA, or MAH-CET. The one-year PGDM fees will cost INR 8,25,000. NLDIMSR has maintained an outstanding placement track, with the highest package being offered to the batch 2024 has gone to INR 17 LPA. 

Top PGDM Colleges in Mumbai based on Fees

The top PGDM colleges in Mumbai accommodate both low and high-fee-paying students. At the ICT or the Institute of Chemical Technology, the PGDM course can be pursued for a total of INR 22,500. On the other hand, colleges like SPJIMR may cost INR 22,50,000 for a course. The fees for the rest of the Top PGDM Colleges in Mumbai is given in the table below:

Top PGDM Colleges in Mumbai Admission Process

Several Top PGDM Colleges in Mumbai offer the PGDM course for a minimum term of two years. Admission is conducted based on merit, a state/national-level entrance exam such as MAH-CET/ GMAT, CMAT, XAT, ATMA, or CAT, etc. Depending on some colleges' requirements, candidates might get accepted based on the Written Assessment, Group Discussion, or Personal Interview. In some colleges providing executive PGDM courses, work experience of minimum of 2 years is also required. 

 In addition to this, a minimum eligibility requirement of having a bachelor’s degree with at least 50% is mandatory to satisfy to be eligible for admission. For the academic year 2025, a few colleges like SFIMAR are accepting applications for the PGDM course. 

While colleges like SPIJMR are going to open their application window in September 2025. Candidates who are in their final year of graduation and are planning to pursue PGDM from Mumbai colleges can appear for the upcoming competitive exams, such as CAT 2025 and XAT 2026. The CAT 2025 exams are scheduled to be held on 30 November 2025, while the XAT 2026 is going to be conducted on 04 January 2026.

Eligibility Criteria of Top PGDM Colleges in Mumbai

The basic eligibility to pursue a postgraduate diploma (PGDM) varies from college to college. However, we have mentioned the defined eligibility criteria below.

• The applicants who have completed their bachelor's degree from any indian recognised University/College with at least 50% marks are eligible to pursue PGDM courses in top colleges in Mumbai.
• The applicants are also required to score valid marks in top entrance exams like CAT, MAT, CMAT, GMAT, MH-CET, ATMA, etc.
• The final year pursuing applicants can also apply for admission, but their admission status will be on hold until they complete their graduation with 50% required marks.

Top PGDM Colleges in Mumbai Placement Wise

The PGDM Colleges in Mumbai assist their students in getting career opportunities through the collaboration of top national and international companies. The companies visit the top colleges with a lucrative salary package and great job roles. In recent years, a candidate got selected for the dream job role with the highest salary of INR 89 LPA at SPJIMR. 

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