Top MBA Colleges in Navi mumbai 2024: Fees, Admissions, Placements & Rankings

MBA Colleges in Navi Mumbai: Highlights 2024

With 5 government and 10 Private MBA Colleges in Navi Mumbai, the city offers diverse and dynamic management education, attracting students from across the globe. In 2024, these Top MBA Colleges in Navi Mumbai continue to foster strong ties with over 250 leading companies, providing students with unparalleled opportunities for internships and placements. The following table highlights the key aspects of the top MBA Colleges in Navi Mumbai for the year 2024:

Top 10 MBA colleges in Navi Mumbai

Navi Mumbai has MBA colleges that are both academically acclaimed and offer practical business advice. The top 10 MBA Colleges in Navi Mumbai like D Y Patil University School of Management and Institute of Business Studies and Research, and Jamnalal Bajaj Institute of Management Studies, are well known for their innovative curriculum and placement success.

The table given below displays the top 10 MBA Colleges in Navi Mumbai having details of their fees, eligibility, and entrance exams:

Eligibility criteria for MBA colleges in Navi Mumbai

•  A bachelor's degree with at least 50% aggregate marks is considered as a prerequisite for the MBA Colleges in Navi Mumbai.
• Some premier MBA Colleges of Navi Mumbai give a specific test to clear as part of their enrolment condition.
• Competitive entrance exams like CAT, MAT, CMAT or MAH-CET, screening the applicant’s suitability, work experience, group, and andindividual interviews are the aspects, which stand as the pillar stone of some colleges.

Admission Process for MBA Colleges in Navi Mumbai

Entry to MBA Colleges in Navi Mumbai is mostly done based on scores from the entrance test and group discussion and then it is followed by an interview session. In a few instances, the institutions might look at both work history and academic performance while selecting their class.

The admission process for MBA Colleges in Navi Mumbai typically follows these steps:

Eligibility Check: Verify that you meet the basic eligibility criteria, usually a bachelor's degree with a minimum percentage (often 50% or higher) from a recognized university.

• Entrance Exam: Prepare and appear for the required entrance exams such as CAT, MAT, XAT, GMAT, MAH CET, depending on the college's requirements.
• Application Submission: Fill out the application form for the desired college, either online or offline, providing all necessary personal, academic, and professional details.
• Score Submission: Submit scores of the entrance exams along with the application. Some colleges may require scores to be sent directly from the testing agencies.
• Shortlisting: Based on entrance exam scores, academic background, and other criteria, colleges shortlist candidates for the next rounds.
• Group Discussion and Personal Interview (GD/PI): Shortlisted candidates are invited to participate in GD/PI rounds to assess their communication skills, personality, and suitability for the program.
• Final Selection: Candidates are selected based on performance in the entrance exam, GD/PI, academic records, and relevant work experience.

Popular entrance exams for MBA colleges in Navi Mumbai

best MBA colleges in Navi Mumbai are those which are well known for their latest curriculum and modern facilities. These colleges are specifically designed such as to prepare students for leadership roles in the highly globalised business environment. The popular entrance exams are

CAT (Common Admission Test)

• Registration Date: 1 August 2024
• Late Date: 13 September 2024
• Exam Date: Likely Nov 2024

A highly competitive national-level entrance exam that evaluates candidates on their quantitative ability, verbal ability, data interpretation, and logical reasoning skills. The top 10 MBA Colleges in Navi Mumbai accepting CAT scores include DY Patil University School of Management and the Institute of Business Studies and Research.

MAT (Management Aptitude Test)

• Registration Date: 20,21,29 Feb 2024
• Late Date: 5 Mar 2024
• Exam Date: 10 Mar 2024

Conducted by the All India Management Association (AIMA), MAT assesses mathematical skills, language comprehension, data analysis, sufficiency, intelligence, and critical reasoning. Colleges in Navi Mumbai accepting MAT scores include ITM Business School and Karmaveer Bhaurao Patil College.

XAT (Xavier Aptitude Test)

• Registration: 15 Jul 2024
• Last Date: 10 Dec 2023
• Exam Date: 7 Jan 2024

Administered by XLRI Jamshedpur on behalf of the Xavier Association of Management Institutes (XAMI), XAT is recognized for its rigorous assessment of decision-making abilities, verbal and logical aptitude, quantitative ability, and general knowledge. Navi Mumbai colleges accepting XAT include DY Patil University School of Management and Institute of Business Studies and Research.

CMAT (Common Management Admission Test)

• Registration Date: 29 Mar 2024
• Late Date: 18 Apr 2024
• Exam Date: May 2024

A national-level entrance examination by the National Testing Agency (NTA) for MBA/PGDM programs across India. CMAT scores are accepted by ITM Business School and Karmaveer Bhaurao Patil College in Navi Mumbai.

MAH CET (Maharashtra Common Entrance Test)

• Registration Date: 16 January 2024
• Late Date:  15 Mar 2024
• Exam Date: 22 April 2024

A state-level exam for admissions to MBA programs in Maharashtra, including Navi Mumbai, assesses logical reasoning, abstract reasoning, quantitative aptitude, and verbal ability. Navi Mumbai colleges accepting MAH CET include Mumbai University and Jamnalal Bajaj Institute of Management Studies.

ATMA (AIMS Test for Management Admissions)

• Registration Date: 18 Feb 2024
• Late Date:  11 May 2024
• Exam Date:  23 Jun 2024

A comprehensive test designed to assess a candidate's analytical reasoning, quantitative skills, and verbal skills. Colleges in Navi Mumbai accepting ATMA scores include ITM Business School and Sanpada College of Commerce and Technology.

Best Government MBA Colleges in Navi Mumbai

Students who want to avail MBA Colleges in Navi Mumbai with low fees to fulfil both their academic and professional aspirations while maintaining the quality of their education and career prospects can do so at reasonable rates. The annual cost of government college from 18,000/- to 1,400,000/- and maintaining scale from 5,00,000/- to 28,00000/-. IIM, Jamnalal Bajaj Institute of Management Studies and Shailesh J, Mehta School of Management are some of the government MBA Colleges in Navi Mumbai, famous for their good placements, curriculum and rigorous client projects.

Below are some of the government MBA colleges in Navi Mumbai:

Best Private MBA Colleges in Navi Mumbai

Making the most of the best MBA colleges in Navi Mumbai implies putting your professional dreams in line with the best faculties in this region. The MBA Colleges of Navi Mumbai, such as the DY Patil University School of Management and Institute of Business Studies and Research, are highly recognized for their tailored programs and top-notch placement record, allowing average salaries of 4,00,000 and 9,50,000 rupee s respectively. The ITM Business School stands out with an average salary of INR 8,65,000, which is because it has a strong alumni network and stand-alone placement cell to provide the best companies like Amazon and Deloitte. On the other hand, Bhaurao Patil College, a good college for the money, has still achieved a very high performance for its students and a typical salary of 3,00,000 INR and directors like Wipro and TCS.

Below are some of the private MBA colleges in Navi Mumbai:

Specialized offer programs For MBA colleges in Navi Mumbai

The MBA Colleges in Navi Mumbai emerge for their many specialized programs such as Marketing, Financial Management, Human Resource Management, Business Analytics, Logistics, Operations Management, Entrepreneurship, International Business and many more detailed operations programs aligned to the ever-changing nature of the global business sphere of operations. Such schools provide lifelong learning through a balanced mix of classical and modern forms of education. The MBA Colleges in Navi Mumbai with low fees are an inexpensive way to a quality business education, which let thousands of young aspiring business leaders have a chance for extra-classy premier management education. The specialized programs offered by these colleges are:

Fee Structure for MBA Colleges in Navi Mumbai

Exploring the top MBA Colleges in Navi Mumbai with fees structure reveals a diverse range of options catering to various financial plans, from affordable government institutions to premium private colleges. For private MBA colleges in Navi Mumbai, the fee structure spans from around INR 1,80,000 to INR 12,60,000 for the entire course duration. In contrast, government MBA Colleges in Navi Mumbai present a more economical option, with fees ranging approximately from INR 18,600 to INR 20,00,000. The following table shows the fee structure of MBA Colleges in Navi Mumbai:

Placement For MBA Colleges in Navi Mumbai

The reputed companies across different sectors, like Accenture, Deloitte, Reliance, IDFC Bank, Kotak Mahindra, HDFC Bank, Asian Paints, and more visit these colleges for placements. The average salary packages offered to MBA graduates range significantly, with top institutions reporting average placements between INR 4,00,000 to INR 28,02,000 annually. The following table shows the placements offered by each MBA College in Navi Mumbai:

Return on Investment (ROI) for MBA Colleges in Navi Mumbai

The Return on Investment (ROI) for MBA colleges in Navi Mumbai is highly favorable, considering the comprehensive education, extensive networking opportunities, and successful placement records. Graduates from these institutions often secure high-paying roles that significantly outweigh the initial investment in tuition and associated fees, making the decision to pursue an MBA in Navi Mumbai a financially sound choice. The below table displays the ROI of the top MBA colleges in Navi Mumbai.