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Hello Nikhil..
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The two B-schools that deserve to be in contention for being the best MBA college in Mumbai are Jamnalal Bajaj Institute of Management Studies (better known as JBIMS) and S.P.Jain Institute of Management and Research (better known as S.P. Jain). Now let me tell you a few things about these two B-schools and some other options you might want to consider.
JBIMS: It offers the M.M.S. degree and is affiliated to the University of Mumbai. JBIMS is renowned for its Finance curriculum and placements due to their strong alumni network. Currently the admissions are through CAT and CET. The process happens much later as compared to other B-schools and the college does have reservations.
S.P. Jain: It offers the P.G.D.M. diploma and is an autonomous institute. It is better known for the Marketing course but other courses are almost equaly good if not better. It has a rigorous 3 round process and accepts CAT, XAT and GMAT scores. It also has a profile based shortlist.
The other good B-schools in Mumbai in no particular order are NMIMS, Sydenham, Shailesh J. Mehta School of Management (IITB), NITIE, Welingkar and SIMSR.
All the best:)
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