PGDM Colleges in Mumbai: Choose the Best!

Vaishali Pandey
November 4, 2024

Apply Education Loan

Up to Rs. 50 Lakhs for 10 Years.
10X Faster.

Thanks! We will reach out to you shortly.
Apply Now

Apply Education Loan

Up to Rs. 50 Lakhs for 10 Years.
10X Faster.

Thanks! We will reach out to you shortly.
Apply Now

PGDM Colleges in Mumbai: Choose the Best!

Pursuing a Post Graduate Diploma in Management (PGDM) offers numerous career opportunities in business management. Mumbai is a hub for education and industry and has several PGDM colleges that offer programs that help students gain essential skills for managerial roles.

This article provides various PGDM colleges in Mumbai, including private and government colleges, highlights PGDM specialisations courses, and also lists PGDM colleges in Mumbai without entrance exams.
Summary Infographic

PGDM Colleges in Mumbai: Highlights

Here is the essential information that will help to understand what to expect when pursuing a PGDM course:

Parameter Details
Duration 2 years
Education Level Postgraduate
Total number of PGDM colleges in Mumbai Total 164 colleges
154 Private Colleges
10 Government Colleges
Eligibility Graduation with minimum 50% marks (Commerce or Management)
Entrance Exam CAT, XAT, CMAT, GMAT, ATMA, MAH CET
Course Cost INR 4 lakhs - 10 lakhs
Average Salary INR 10 - 14 LPA
Career Opportunities Public Relations Officer
Finance Manager
Marketing Executive
Business Consultant
Administrative Officer
Human Resource Manager
Top Recruiters Accenture
Deloitte Consulting
McKinsey & Company
EY LLP Consulting Practice
Booz Allen Hamilton
The Boston Consulting Group
PricewaterhouseCoopers Advisory Services LLC

Fast-Tracked Education Loans with Propelld – Funding your Future in Just 7 Days!

What is a PGDM Course?

The full form of PGDM is a Postgraduate Diploma in Management course. This course is for those candidates who want to pursue a career in business management. 

The PGDM course will help candidates to:

Develop Skills:

Develop critical thinking, analytical abilities, and problem-solving skills for effective managerial decision-making.

Understanding of Business Trends:

Students will be able to understand the social, cultural and economic factors that influence current and future business management trends.

Adaptability: 

Students will be able to adapt to the dynamic global business environment quickly.

Leadership:

Become competent managers, entrepreneurs, and ethical business leaders.

Gain Specialisation: 

Gain in-depth knowledge in their field, aligned with industry requirements.

Improve communication skills: 

Enhance their communication and teamwork skills for collaborative success.

Explore the PGDM course: Full form, Fees, Duration and Admission 2024. This guide will help you choose your future in business management.

Unlock Fast, Collateral-Free Education Loans with Propelld Today!

Top 10 PGDM Colleges in Mumbai

Here is the list of the top 10 PGDM colleges in Mumbai, with fee structure, expected average salary, entrance exam requirements, and NIRF ranking. This information will help candidates choose the best college for their education and career.

Private College Name

Course Fee

Average Salary

Entrance Exam

NIRF Ranking

Shreyans Prasad Jain Institute of Management and Research

INR 24 lakhs

INR 33 lakhs

CAT, GMAT

20

Pravin Dalal School of Entrepreneurship and Family Business Management

INR 22.90 lakhs

INR 19.20 lakhs

MAH CET

21

N.L. Dalmia Institute of Management Studies and Research

INR 16.2 lakhs

INR 8 LPA

CAT, MAT, XAT, CMAT, ATMA, MAH CET, MHT CET

23

SIES College of Management Studies

INR 7 - 9 lakhs

INR 5.5 - 6.79 lakhs

CAT, MAT, XAT, CMAT, ATMA

24

Universal AI University

INR 8.58 lakhs - 16.28 lakhs

INR 8 - 10.77 LPA

MAH CET, GMA, CAT, CMAT

25

Amity Global Business School

INR 7.49 lakhs

INR 16 LPA

MAH CET

27

ITM Business School

INR 12.45 lakhs

INR 8.65 LPA

CAT, NMAT, MAT, XAT, CMAT, ATMA, MAH CET

43

K J Somaiya Institute of Management

INR 20.87

INR 17.12 LPA

XAT, CAT, NMAT, CMAT, MAT, ATMA, CUET, PERA CET

45

Principal L.N. Welingkar Institute of Management Development and Research

INR 14 lakhs

INR 11.11 lakhs

CAT, XAT, ATMA, CMAT, GMAT

73

IES MCRC, Mumbai

INR 7 lakhs- 8 lakhs

INR 7.5 LPA

CAT,CMAT,XAT,MAT,ATMA,GMAT,MAH MBA CET

206

Studying at PGDM colleges in Mumbai can be expensive, but you can secure an easy Education loan in Maharashtra 2024: Interest Rates & How to Apply to make your education more affordable.

Get Education Loan for Any College in India. 100% Fees Financed- Propelld Education Loan

Top Government PGDM Colleges in Mumbai

Here is the list of top government PGDM colleges in Mumbai, along with their course fees:

Government College Name Course Fee
Tata Institute of Social Sciences INR 2.10 lakhs
Sasmira’s Institute of Management Studies and Research INR 3.80 lakhs
Bombay Stock Exchange Institute INR 6.61 lakhs
Shailesh J Mehta School of Management INR 9.32 lakhs
National Institute of Industrial Engineering INR 14 lakhs

Colleges Offering 1 Year PGDM Courses in Mumbai

ISBR Business School offers a one-year PGDM course in Mumbai. This course is for candidates/students who want to upgrade their management skills. It focuses on practical knowledge and industry exposure, preparing students for various business roles. 

Parameter Details
Eligibility Minimum 50% marks in graduation
Candidates with Masters degree in Commerce, Management, Arts, Social Sciences, Engineering/Technology are also eligible
Course Fee INR 5 lakhs
Type Private
Specialisation Marketing
Human Resource
Business Administration
Course Options Regular
Weekend
Correspondence
Top Recruiters Aditya Birla Group
Air India
ANZ
Berger Paints
Britannia
Dell
FedEx Express
Flipkart
Hexaware Technologies
IBM
Tejas Networks
Wipro

If you are interested in this one-year course but are currently working or need help with the fees, consider an education loan for working professionals. These loans help students finance their studies while continuing to work, allowing them to balance their jobs and education.

Get upto 100% Education Fees Financed with Propelld. Simplified Processing Dedicated Support.

Top MBA Colleges in Mumbai Without Entrance Exam

Numerous colleges in Mumbai offer direct admission for a candidate who wants to pursue a career in MBA but without an entrance exam. Below are the top MBA colleges in Mumbai without Entrance exam, along with their course fees:

MBA College in Mumbai without Entrance Exam

Course Fee

A.C Patil College of Engineering

INR 1.82 lakhs

Indira Institute of Business Management

INR 2.25 lakhs

Don Bosco Institute of Management and Research

INR 2.9 lakhs

Aruna Manharlal Shah Institute of Management and Research

INR 3 lakhs

Guru Nanak Institute of Management Studies

INR 6 lakhs

Deviprasad Goenka Management College of Media

INR 6.45 lakhs

Amity Global Business School AGBS

INR 7.60 lakhs

Atharva Institute of Management Studies

INR 7.68 lakhs

D.Y Patil University School of Management

INR 7.80 lakhs

ITM Institute of Financial Markets

INR 9.20 lakhs

K.J Somaiya Institute of Management Studies and Research

INR 12.76 lakhs

Narsee Monjee Institute of Management Studies

INR 16 lakhs

Which course should you choose, PGDM or MBA? Check out our guide on PGDM vs MBA: Which is better for your career?

Eligibility for Direct MBA Admission

The eligibility criteria for direct MBA Admission are as follows:

  1. The candidate must have a graduated degree (3 to 4 years).
  2. A minimum of 50% marks in the UG course is required.
  3. Must appear in entrance examinations: CAT, MAT, XAT, ATMA, GMAT, CMAT.
  4. The candidate should be Indian.
  5. Valid academic documents.
  6. The candidate should not be an active government employee.

Note: Students who are in the final year of graduation are also eligible for Admission.

No Collateral Required. Approval Based on Student Potential. Check Your Eligibility

PGDM Colleges in Mumbai: Documents Required

Here is the list of all the necessary documents required for direct admission by MBA colleges in Mumbai:

Documents Details
Certificates Transfer Certificate (Required from a previous educational institution)
Migration Certificate (If you have changed your college or university)
Gap year certificate (If you took a gap during your education)
Category certificate (for reserved category candidates.)
Identity Proof Passport
PAN card
Adhaar card
Marksheets 10th and 12th mark sheets and certificates
Photograph Recent passport-sized photograph for application
Course mark sheet Undergraduate course mark sheet/ or provisional certificate for graduation

PGDM Colleges in Mumbai: Admission Process 

Students must follow the steps below to complete the admission process for PGDM courses:

Check Eligibility Criteria:

Candidates must meet the necessary academic qualifications and requirements set by the institution.

Submit Application Form:

Fill out and submit the application form to the institute of your choice.

Take an Entrance Exam:

You will need to appear for relevant entrance exams, such as the CAT, MAT, XAT, or others, depending on the institution's criteria.

Participate in GD and PI Rounds:

After qualifying, attend the Group Discussion (GD) and Personal Interview (PI) rounds for final selection.

PGDM Course Syllabus

Here is the syllabus provided by PGDM colleges in Mumbai:

Semester Syllabus
1st Business Perspective
Business Communication Skills
Financial Statement Analysis
Business Statics and Analytics
Business Economics
Financial Products and Markets
Marketing Management
Organisation Behaviour
Artificial Intelligence and Robotics Process Automation
2nd Entrepreneurship Management
Business Research Methodology (including projects)
Human Resource Management
Corporate Finance
Consumer Behaviour
Equity Markets & Valuation
Campus to Corporate (Workshop Mode)
Data Analysis and Decision-Making
Strategic Management
S.H.A.R.E

PGDM Course: Specialisation

If you’re looking to pursue a PGDM course in Mumbai, many top colleges that allow students to align their career goals and interests. Below are some of the top specialisation courses providing specific career paths:

Specialisation Course Course Details Career Opportunity
Finance Ideal for students with a background in finance or commerce. Learn about financial strategies, risk management, and investment analysis.
  • Corporate Finance
  • Investment Banking
  • Financial Consulting
Operations Suitable for those with a background in engineering or logistics. Focuses on supply chain management, project management, and process optimization.
  • Supply Chain Management
  • Logistics
  • Operations Consulting
Marketing Perfect for creative individuals with strong communication skills. Focuses on brand management, market research, and digital marketing.
  • Sales
  • Brand Management
  • Advertising
  • Product Development
Human Resource Best for students interested in people management. Covers recruitment, talent development, and organisational behaviour.
  • HR Management
  • Talent Acquisition
  • Employee Relations, HRIS, and HR Analytics

Choosing the right PGDM colleges in Mumbai will impact your career. With various options available, it is essential to consider specialisation, fees, and placement opportunities factors to find the best fit.

Propelld is a financial technology company that specialises to provide education loans to students who are pursuing higher education, including MBA/PGDM programs. They provide a quick and easy application process, flexible repayment options, and no collateral required.

Why Propelld?

The following are the primary benefits of Propelld.

Feature Details
Max Loan Amount50 Lacs
CollateralNot Required
MoratoriumAvailable
Processing Time10 Times Faster than Banks
Disbursal Time7 Days
Approval RateHigher than Banks
Special USPMarks Based Approval
% Financed100% of Fees

Take the next step in your academic journey - Apply for an education loan today!

Education Loan for Medical Colleges

MBBS | BDS | BAMS | Bsc Nusring |Or Pay Fees for Any Medical Course in India - Up to. Rs. 50 Lacs

Fund your College Fees with Education Loan

Loan up to Rs. 50 Lakhs for 10 Years

Thanks! We will reach out to you shortly.
Apply Now

No Collateral Low-Interest Education Loan

Available in all top Coaching Institutes
Get Loan

FAQs About PGDM Colleges in Mumbai

Is direct MBA admission a good option?

Direct admission is a good choice for students who are not aiming for top-tier MBA colleges like IIMs. It can also be advantageous for those looking to start their own business after earning an MBA.

What is the average fee for PGDM colleges in Mumbai?

The average fees for PGDM colleges in Mumbai range from INR 6 lakhs to 10 lakhs.

Is a PGDM better than an MBA?

PGDM programs often provide more practical skills and align with current market trends, whereas MBA programs tend to be more theoretical. The choice depends on a student's career goals.

Why are PGDM fees high?

The high fees for PGDM programs can be attributed to the quality of education, infrastructure, faculty, and placement opportunities these institutions provide.

What are the disadvantages of PGDM?

One disadvantage of PGDM programs is their limited focus on academic research compared to MBA programs, which often emphasise theoretical knowledge and research-based learning.

Does PGDM have value?

Yes, PGDM is highly valued in the industry, especially if obtained from a reputed institution. Many employers recognise the practical skills and industry relevance of PGDM graduates.

Which are the best PGDM colleges in Mumbai?

Top PGDM colleges in Mumbai include S.P. Jain Institute of Management and Research, Narsee Monjee Institute of Management Studies, and Chetana’s Institute of Management and Research.

Is there a 1-year PGDM course in Mumbai?

Yes, ISBR Business School offers a 1-year PGDM course in Mumbai, catering to those looking to upgrade their management skills quickly.

What specialisations are available in PGDM courses?

Common specialisations in PGDM programs include Finance, Marketing, Human Resources, Operations, and Information Technology.

What is the duration of the PGDM course?

The typical duration for a PGDM course is 2 years, though some institutions offer 1-year programs.

Can I pursue a PGDM after completing my undergraduate degree?

Yes, candidates who have completed their undergraduate degree with 50% marks (or above) can apply for PGDM programs.

Are internships included in PGDM programs?

Most PGDM programs include internships as part of the curriculum, providing practical experience and exposure to the industry.

What is the admission process for PGDM colleges in Mumbai?

The admission process may vary by college but generally includes an application form, entrance exam scores (if applicable), personal interviews, and academic record evaluation.

Do PGDM colleges in Mumbai provide placement assistance?

Yes, many PGDM colleges in Mumbai offer placement assistance and have tie-ups with various companies to facilitate job placements for their graduates.

Join Group for JEE & NEET Updates