MBA Colleges in Mumbai, Maharashtra: Top 5 Pocket-friendly Colleges
Table of Contents
- Jaro Education
- 27, July 2025
- 11:00 am
Mumbai, the financial centre of India, is mainly known for Bollywood and the Bombay Stock Exchange. But do you know it is also a hub for management education? Well, yes, if you are a fresh graduate looking to climb the corporate ladder or a working professional aspiring to achieve a C-suite title, the MBA offered by different institutes in Mumbai can help you take off.
But the question is: Which will you choose? There are hundreds of institutes in Mumbai, and sifting through the best MBA colleges in Mumbai according to rankings, ROI, placements, affordability, etc., can feel like looking for a needle in a haystack.
Don’t panic, as we have done the whole work for you. Here is your complete guide to the top 5 affordable online MBA colleges in Mumbai with fee structure, specialisation and things they are known for. Let’s get started!
Top MBA Colleges In Mumbai
Let’s talk about the 5 top MBA colleges in Mumbai with their specialisation and features:
1. University of Mumbai – Institute of Distance and Open Learning (IDOL)
*mu.ac.in
Location: Mumbai
Total Fees: ₹45,000 to ₹50,000 (for 2 years)
Duration: 2 years
Accreditation: UGC and DEB recognised
With its Institute of Distance and Open Learning (IDOL), the University of Mumbai provides one of the affordable online MBA options in Maharashtra. Being one of the oldest universities in the country, it is known that even its online education degrees come with quality assurance. The MBA program offered by this renowned MBA college in Mumbai is designed for working professionals and students from all walks of life in mind, with an affordable option for quality education.
Available Specialisations:
- Finance
- Marketing
- Human Resources
- Operations
What Makes It Stand Out:
- The course is supported by one of India’s most respected public universities.
- Participants learn from discussions online, through self-paced modules, audio-visual content, and e-resources.
- It is a flexible course; students can schedule their exams and submit assignments whenever it is convenient for them.
- It is primarily designed for those who want an accredited and genuine MBA degree, without the need to relocate or pay an expensive fee.
2. Amity University Online
*amityonline.com
Total Fees: ₹1,99,000 (for 2 years)
Duration: 2 years
Accreditation: UGC Entitled, NAAC A+, AIU Member
Amity University Online is one of the most recognised MBA colleges in Mumbai that has the potential to bring the best of online learning for students all across Maharashtra through its fully developed and globally valid MBA program. Without a doubt, the program fees are justified by its digital technology, wide-ranging curriculum and global opportunities! In fact, this MBA college in Mumbai is more committed towards creating a transformative learning environment, providing true mobility and access to education from any location.
Thus, if you want to have an online learning experience similar to on-campus, apply for the MBA programme offered by Amity University in collaboration with Jaro Education.
Available Specialisations:
- Entrepreneurship
- Global Finance Market
- Insurance Management
- Marketing
- Human Resources
- And many more
What Makes It Stand Out:
- Amity’s online MBA is globally recognised and caters to the requirements of professionals worldwide
- International collaborations with Ivy League universities
- Harvard Business Publishing’s simulations on real-world scenarios
- Learners receive access to a new-age learning management system that provides video lectures, assessments using AI, downloadable content, and discussion boards.
- Also, participants receive the full suite of career support services as they go through a resume-building workshop, a mock interview and virtual job fairs.
- Graduates benefit from a global alumni network that can support them in all industries and countries.
Without a doubt, this is one of the most popular and renowned MBA colleges in Mumbai and is a perfect fit for professionals aiming for an edge in the global job market without compromising their current commitments.
3. Narsee Monjee Institute of Management Studies (NMIMS) – Global Access School for Continuing Education
*nmims.edu
Location: Mumbai
Total Fees: ₹1,20,000 (for 2 years)
Duration: 2 years
Accreditation: NAAC A+, UGC-DEB Approved
NMIMS is another renowned name in Indian business education and extends its academic culture through its Global Access School. For this MBA college in Mumbai, the programme is specifically designed for professionals who appreciate relevant learning within their industry and mentorship by experts.
Available Specialisations:
- Marketing
- Finance
- Operations
- International Business
- Supply Chain Management
What Makes It Stand Out:
- This program is highly industry-driven with live case studies, project work, and applied learning.
- Students will partake in weekly live sessions and discussion boards to foster peer learning and ongoing academic engagement.
- Students will be assigned dedicated mentors who are there to support them throughout their academic experience.
- Students have access to unique career resources, webinars with industry professionals, and job portals that will help students make connections between learning and their careers.
4. Dr. D. Y. Patil University – Centre for Online Learning
*dypatilonline.com
Location: Navi Mumbai
Total Fees: ₹1,89,400 (for 2 years)
Duration: 2 years
Accreditation: UGC-DEB, NAAC A++
DY Patil University- MBA colleges in Mumbai, has made a significant mark in digital education by offering a high-value online MBA program at an accessible fee. With a flexible structure and practical learning modules, it is perfectly suited for busy professionals and entrepreneurs.
Available Specialisations:
- International Business
- Logistics and Supply Chain
- Project Management
- Finance
- Human Resources
- Operation Management(OM)
- Digital Marketing
- Marketing Management
What Makes It Stand Out:
- A dynamic and flexible e-learning platform supports anytime-anywhere learning.
- UGC approved degree programme
- Students benefit from EMI options, making the program more financially manageable.
- Real-world case studies, live interactions with industry experts, and scenario-based assignments bridge the gap between theory and practice.
- A 24×7 academic support system ensures continuous help and motivation.
If you’re looking for an affordable MBA college in Mumbai with real-world relevance and modern flexibility, DY Patil Online, in collaboration with Jaro Education, is the right choice.
5. Welingkar Institute of Management (WeSchool) – Distance Learning Division
*hybridpgdm.com
Location: Mumbai
Total Fees: ₹1,26,000 (for 2 years)
Duration: 2 years
Accreditation: AICTE Approved, Government of India Recognised
Welingkar’s reputation in the management education space is established, and its distance learning division shares that same legacy, thus providing the possibility for Welingkar to reach a wider audience. The distance learning program embodies both a strong conceptual base and relates it to practically based case studies so that students, as well as already professionals, can relate to their journey through the course.
Available Specialisations:
- Business Administration
- E-commerce
- Retail Management
- Marketing
- Finance
- Human Resources
What Makes It Stand Out:
- The unique case-based learning methodology encourages critical thinking and problem-solving.
- There are learning materials available in either printed or digital format to accommodate learners’ preferences.
- The faculty team consists of professional practitioners who bring real industry expertise into the classroom.
- Students are assessed via modern online assessment techniques that are efficient and transparent.
Why Choose Jaro Education for Your Online MBA?
When choosing one of the best online MBA colleges in Mumbai, picking the right enrollment partner may be just as important as choosing the right university. This is where Jaro Education comes into play, as an industry-leading edtech company that has supported top universities to help students like you grow.
Whether you live in Mumbai, anywhere else in India, or even abroad, Jaro has brought you quality education, flexible options and career-oriented online MBA programs in partnership with the best national and global universities. In this age of multiple responsibilities, whether it’s your job, personal life, or distance, Jaro has developed Online MBA/PG programs that fit your needs for a 21st-century learner.
Some of the well-known Online programmes offered at Jaro Education are:
| Degree | University/College | Accreditation/Recognition |
|---|---|---|
| Online MBA | Dr. D. Y. Patil Vidyapeeth | NAAC Accreditation |
| Online MBA | Manipal University, Jaipur | NAAC, AICTE, WES, and ICAS Accreditation |
| Online MBA | Symbiosis School For Online And Digital Learning (SSODL) | AICTE Accreditation |
| Online Master of Business Administration | Chandigarh University | NAAC A+ Accreditation |
What truly sets Jaro Education apart is its value-added services. As a Jaro-enrolled student, you gain access to personalised career counselling, academic mentoring, and exclusive workshops aimed at enhancing your employability. These services not only support your academic journey but also help you make smarter career decisions, create a winning résumé, and even prep for interviews.
Choosing Jaro means choosing a partner who’s invested in your success from enrollment to employment. In a world full of options, Jaro Education ensures your online MBA journey is not just convenient and affordable, but also transformational.
Final Thoughts
Mumbai is not only the financial capital of India. It is a market for potential business leaders. In fact, there are a number of MBA colleges in Mumbai, with offerings that range from low-cost to costly options and just about every type of student, from freshers to executives
No matter if you select a brand name like Amity or an online MBA from SSDOL, what matters while you are attending is your ability to learn and develop. By doing an MBA in Mumbai, you will get vast opportunities to build a successful career. So, get ready, streamline, and shortlist your colleges and the next step in your career journey.
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