MBA plays a huge role in the development of the business and management sector of the nation. MBA colleges in Navi Mumbai also contribute significantly to this. MBA graduates are in demand and are sought after by plenty of top companies across the globe. This sector has endless opportunities for and provides a stable career for students interested in business, management, and finance studies.
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An MBA will help students to work in the management industry. This course is designed to help students earn the knowledge and skills primarily needed to excel in business and management.
In total, there are about 22 best MBA colleges in Navi Mumbai among which 15 colleges are privately owned and the rest are government colleges.
Key Takeaways:
- Navi Mumbai houses some of the best MBA colleges in India. This place is a thriving business hub and provides millions of opportunities to students after graduation.
- Some of the top MBA colleges in Navi Mumbai are Dr. D.Y Patil University, ITM Business School, and many more.
- The eligibility criteria for MBA colleges in Navi Mumbai differ from one college to another.
- The top entrance exams for MBA colleges in Navi Mumbai are XAT, MAt, and CAT.
- The RoI of top MBA colleges in Navi Mumbai is quite high since these colleges offer placement training and campus placement services.
- The salary of MBA graduates varies depending on the career chosen after graduation.
Why should I do my MBA from Navi Mumbai?
For graduates who are seeking to build a beautiful career in the world of business, studying MBA in Mumbai can be a game changer. This city is known for its metropolis, financial prowess, and diverse range of industries.
Most of the MBA colleges in Navi Mumbai are also among the MBA colleges in Mumbai hence making the Navi Mumbai area popular among students.
It offers a range of advantages for aspiring professionals. Some benefits are:
1. It is a thriving business hub:
Mumbai is regarded as the financial hub of India, drawing in big businesses and influential figures from a variety of industries. With its booming business community, MBA graduates can explore a wide range of industries, including marketing, finance, consulting, and entrepreneurship.
Students who have access to a wide range of businesses can obtain real-world experience and lay a solid foundation for their future professions.
2. Top professors:
A university’s faculty is its greatest asset, and the majority of universities in Navi Mumbai have outstanding faculty members who are authorities in their disciplines. Throughout their MBA journey, these knowledgeable mentors offer students essential advice and practical expertise.
Critical thinking and creative problem-solving abilities are developed in the interactive learning environment, which are vital qualities for every successful corporate leader.
3. Various opportunities:
For aspiring professionals, Mumbai’s fast-paced way of life and entrepreneurial spirit offer a wealth of options.
Through networking events, live projects, internships, and the city’s extensive business network, students can obtain practical experience and form important relationships.
The multicultural environment of the city promotes inclusive education, equipping students to meet the wide range of demands of the international business environment.
4. Multiple industry and corporate tie-ups:
For aspiring professionals, Mumbai’s fast-paced way of life and entrepreneurial spirit offer a wealth of options. Through networking events, live projects, internships, and the city’s extensive business network, students can obtain practical experience and form important relationships.
The multicultural environment of the city promotes inclusive education, equipping students to meet the wide range of demands of the international business environment.
Best MBA colleges in Navi Mumbai:
Mumbai is the financial capital of India and one of the most preferred MBA destinations in India which offers quality education and job opportunities. Some of the top MBA colleges in Navi Mumbai are:
1. Dr. D.Y. Patil University:
Dr. D.Y. Patil Deemed University in Navi Mumbai offers a wide range of undergraduate and postgraduate courses. This University offers a 2-year MBA degree program and has various specialization options such as sports management, biotechnology management, pharmaceutical industry management, etc.
This university provides extensive learning support to its students through various lectures along with internship opportunities, field projects, and placement training.
| Full course fee | INR 15,00,000 |
| Average placement packages | INR 5,00,000 per year |
| Course specializations | Marketing management Aviation management Systems management Biotechnology management Human resource management Operations management Sports business management Health and hospital management |
| Accepted entrance exams | DYP-CET, CAT |
| Establishment year | 1983 |
2. ITM Business School:
ITM Business School is a business school in Navi Mumbai that is committed to providing a world-class management education and ensures that students have access to excellent career opportunities after graduation.
They also provide placement assistance which is specially designed to encourage students to achieve their career goals and aspirations with resume building, on-campus placement drives, mock interviews and so much more.
| Full course fee | INR 10,95,000 |
| Average placement packages | INR 8,65,000 per year |
| Course specializations | Marketing management International Business Human resource management Digital Marketing Business Analytics Aviation management |
| Accepted entrance exams | CMAT, CAT, MAT, XAT, NMAT, ATMA |
| Establishment year | 1991 |
3. Bharati Vidyapeeth’s Institute of Management Studies:
Bharati Vidyapeeth’s Institute of Management Studies has produced world-class leaders and has adopted various programs that suit the existing business conditions. It offers a two-year MBA and MMS program.
The programs mandate the students to handle day-to-day situations and help them perform well in the corporate world by imparting the requisite skill sets and adding value to the students.
| Full course fee | INR 2,30,000 |
| Average placement packages | INR 4,60,000 per year |
| Course specializations | Marketing Management Finance Management Operations Management System Management Human Resources |
| Accepted entrance exams | MAH CET, DYPCET, ISC |
| Establishment year | 1984 |
4. NMIMS Deemed to be University:
NMIMS Deemed University provides programs offered in fields of management, engineering & technology management, pharmaceutical sciences, architecture, biological and nanoscience, and more.
The primary goal of this college is to enhance the employability of graduates. It is one of the best choices among students who want to excel in business and management-related fields.
| Full course fee | INR 10,00,000 |
| Average placement packages | INR 19,20,000 per year |
| Course specializations | Digital Marketing Banking and finance management Strategic management International business Supply chain management Healthcare administration Retail management |
| Accepted entrance exams | MAH CET, NMAT, CAT |
| Establishment year | 1984 |
5. Pillai Business School:
Pillai Business School is one of the best universities in India for MBA/PGDM and Executive MBA/PGDM programs. The institute is situated in Maharashtra’s Navi Mumbai. There are now 230 seats available for the three specialization courses the institute offers.
The institute also provides full-time courses and centers its study around Business and Management study. Additionally, it provides students with a range of certificates by offering Diploma programs.
| Full course fee | INR 4,50,000 |
| Average placement packages | INR 6,25,000 per year |
| Course specializations | Digital Marketing Human resources management Sports management |
| Accepted entrance exams | CMAT, CAT, MAT, XAT, NMAT, ATMA |
| Establishment year | 1998 |
6. Chhatrapati Shivaji Maharaj University:
Chhatrapati Shivaji Maharaj University is a famous business school in Navi Mumbai and offers top-notch MBA education to its students.
There are various specializations available for students to pick from. This ranges from Human Resource Management to Supply chain management.
| Full course fee | INR 4,50,000 |
| Average placement packages | INR 2,50,000 per year |
| Course specialization | Financial Management Human Resource Management Production & Operation Management Marketing Management |
| Accepted entrance exams | MAH CET, CAT, MAT, MHT CET, CUET, GMAT |
| Establishment year | 2018 |
7. MGM Institute of Health Sciences:
The Mahatma Gandhi Mission Institute of Health Sciences, or MGMIHS, is a recognized university in Navi Mumbai and Aurangabad. It was founded by MGM Trust in 1989 and is accredited with an “A” grade by the NAAC.
At its Navi Mumbai location, MGMIHS features five colleges that provide studies in health sciences and allied sciences.
| Full course fee | INR 2,41,000 |
| Average placement packages | INR 2,50,000 per year |
| Course specializations | Hospitality Management Human Resource Management Production & Operation Management Marketing Management |
| Accepted entrance exams | MAH CET, CAT, MAT |
| Establishment year | 1989 |
8. Vijay Patil School of Management:
The prestigious Vijay Patil School of Management is situated in Navi Mumbai, Maharashtra. The institute provides UG and PG degree programs, among other degree courses. The following programs are available full-time.
A candidate in the Humanities & Social Sciences, Business & Management Studies stream may choose to study a variety of courses, including B.Sc., BBA, MBA, and PGDM. The knowledgeable and experienced faculty at Vijay Patil School of Management has contributed to the school’s expertise over time.
| Full course fee | INR 1,400,000 |
| Average placement packages | INR 4,53,333 per year |
| Course specializations | Strategy marketing Finance marketing Operations management Human resources management |
| Accepted entrance exams | MAH CET, CAT, XAT |
| Establishment year | 2021 |
9. Fr. C. Rodrigues Institute of Management Studies:
One of the esteemed institutions is the Fr. C. Rodrigues Institute of Management Studies, which is situated in Navi Mumbai, Maharashtra. The institute provides PG programs in addition to degree courses. These full-time programs offer high-quality education, and they have all been approved by reputable national organizations like AICTE.
Students can choose from a variety of courses, including Business & Management Studies, MBA/PGDM, and MMS, in several streams. Students at the Fr. C. Rodrigues Institute of Management Studies can benefit from the knowledge and experience of the faculty members.
| Full course fee | INR 3,65,000 |
| Average placement packages | INR 7,50,000 per year |
| Course specializations | Strategy marketing Finance marketing Operations management Human resources management |
| Accepted entrance exams | MAH CET, CMAT, CAT, MAT, XAT, GMAT, ATMA |
| Establishment year | 2001 |
10. Pillai Institute of Management Studies and Research:
Located in Navi Mumbai, Maharashtra, the Pillai Institute of Management Studies and Research is a prestigious institution of higher learning that was founded in 1998. Students can pursue degree and diploma programs, including postgraduate courses, at the institute to further their studies.
The following programs are available full-time. The school is well-known for offering programs including the PG Diploma, MBA/PGDM, MMS, and Executive MBA/PGDM. The faculty at Pillai Institute of Management Studies and Research is highly skilled and experienced, offering students the chance to obtain knowledge in areas such as sports, operations, and finance.
| Full course fee | INR 3,32,000 |
| Average placement packages | INR 4,50,000 per year |
| Course specializations | Sports Management Operations Management Finance management |
| Accepted entrance exams | MAH CET, CMAT, CAT, MAT, XAT, NMAT, ATMA |
| Establishment year | 1998 |
Eligibility criteria for MBA colleges in Navi Mumbai:
The eligibility criteria for MBA colleges may differ depending on the college. However, the basic eligibility criteria are:
- A fundamental need for full-time MBA admission is graduation in any discipline or its equivalent from an accredited university.
- The majority of institutes adhere to the 50% average or equivalent minimum score requirement for graduation. The required minimum aggregate score for students in the reserved category is 45%.
- Candidates who are in their last year of graduation may also apply for an MBA program, providing they can submit documentation that they completed their degree within the time frame set by the university.
Popular entrance exams for MBA colleges in Navi Mumbai:
There are various popular entrance exams for MBA colleges in Navi Mumbai. However, the most commonly accepted entrance exams are:
1. XAT:
Jamshedpur administers the Xavier Aptitude Test (XAT) which is a national management entrance test, to candidates seeking admission to MBA and PGDM programs. It takes at least six to nine months to prepare for the XAT.
Given its reputation as one of the more difficult MBA entrance examinations, the XAT demands a commitment of time and energy.
General Knowledge, Verbal Ability and Logical Reasoning, Quantitative Ability & Data Interpretation, and Decision Making are its four components.
2. MAT:
The All India Management Association (AIMA) administers the Management Aptitude Test (MAT), a national entrance exam, to candidates seeking admission to PGDM and MBA programs.
The exam is given in four phases—February, May, September, and December—over several sessions. The MAT exam is offered in three different formats: remotely proctored, online, and offline (paper-based test, or PBT).
3. CAT:
The Common Admission Test (CAT) is a management aptitude exam administered nationally to determine eligibility for MBA programs provided by more than 1,200 B-schools and 20 IIMs in India.
The three areas of the CAT question paper are Quantitative Aptitude, Data Interpretation and Logical Reasoning, and Verbal Ability and Reading Comprehension.
What is the ROI of top MBA colleges in Navi Mumbai?
The money that students receive as a placement offer in exchange for spending a significant amount of money to attend college and earn a degree of study is known as return on investment, or ROI.
Placements are a very important part of an MBA or PGDM program. Therefore, before selecting the MBA college in Navi Mumbai, students are expected to check the RoI of the college, especially in terms of the average placement package offered as compared to the full course fees.
The MBA colleges in Navi Mumbai are quite popular in India not only because of their academic excellence but also because of their massive placement services and records. The top MBA colleges in Navi Mumbai offer placement training and training and campus placement drives but also paid summer internship opportunities hence increasing the RoI.
Who are the top MBA recruiters in Navi Mumbai?
There are various companies including multinational companies and enterprises, top corporate firms, and some government firms, etc. which hire MBA graduates, often directly from the campus as freshers. These jobs are backed with lucrative salary packages and they also receive several perks and benefits.
Hence it can be quite helpful to research the placement partners of a particular MBA college since it may provide students with an idea about the career scope that they can explore directly after graduation in the college.
Salary of MBA graduates:
There are various career opportunities for people who have graduated with an MBA. Some of the most commonly chosen careers with salaries are:
| Career | Average Salary |
| Business development manager | INR 4,45,477 |
| Business development executive | INR 3,23,525 |
| Sales manager | INR 4,54,273 |
| Digital marketer | INR 3,12,989 |
| Recruitment resources | INR 2,47,855 |
| Account manager | INR 5,79,932 |
| Human resources specialist | INR 2,87,858 |
| Business analyst | INR 7,00,206 |
| Marketing Manager | INR 4,64,137 |
Frequently Asked Questions (FAQs)
Is an MBA worth it in Navi Mumbai?
An MBA program can be life changing for a student. The program increases your business knowledge, hones your entrepreneurial skills and helps you develop skills such as business planning, strategy and management. These skills plays a pivotal role in running a successful business in different market conditions in India especially in Navi Mumbai.
Which are some of the highest paying MBA careers in Navi Mumbai?
Here are some the best highest paying MBA careers in Navi Mumbai:
– Business analyst
– Account manager
– Sales manager
– Business Development Manager
– Marketing Manager
Which MBA course is best for females in Navi Mumbai?
Here are some of the best MBA courses for females in Navi Mumbai:
– Human Resource
– Operations
– Finance
– Marketing
– Information Technology
– International Business
How should you choose an MBA college in Navi Mumbai?
There are many factors that you should consider while choosing an MBA college in Navi Mumbai. Let’s have a look at some of these factors:
– You should consider the cost of your course
– Next, you should think about the course duration
– You should factor in the employment prospects after graduation
– You should look for a reputed university that is accredited by various organizations
– Last but not the least, you should look for university that has an amazing faculty
Conclusion:
Some of the best colleges for MBA are in Navi Mumbai. Being one of India’s economically advanced cities and having various opportunities, the MBA colleges in Navi Mumbai are pretty popular among students globally.
Placements in these universities are 100% assured, and if a person can demonstrate their talent, they may be given exposure. Given their talent and commitment, students can potentially be sponsored to travel overseas.
Placements are not a major concern here because students are placed in reputable companies, protecting their future from being ruined by working for a random company.
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