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Top MBA Colleges in Navi Mumbai with Fee Structure for 2025

Many students find themselves confused when it comes to choosing the right MBA college — and rightfully so. With so many options out there, picking the one that fits your specialization interest, placement goals, and budget isn’t straightforward. After all, every student has a different level of financial stability, academic performance, and career expectations. But at the end of the day, what truly matters is what you’re getting in return for your time, money, and effort.

So, to make your decision easier, here’s a list of the Top MBA Colleges in Navi Mumbai in 2025 — with all the important details like fees, specializations, placements, and highlights.

“Your MBA should open doors, not just textbooks.”

1. Terna Global Business School (TGBS), Navi Mumbai

Entrance Exams: CAT, MAT, XAT, CMAT, MAH CET.
Fees: ₹5.9–6.9 Lakhs
Location: Opp. Nerul Railway Station, Plot No. 12, Sector-22, Phase 2, Nerul West, Navi Mumbai, 400706.
Specializations: Marketing and Finance, Personnel Management & HR Management, Hospital and Health Management, Sustainability Management, Rural Management, Dual Specialization available.
Placement:

Highest Package: ₹14 LPA
Average Package : ₹6.5 LPA – ₹8.5 LPA
Top Recruiters: Amazon, Axis Bank, ICICI Securities, Reliance, Tech Mahindra.

Highlights: AICTE-approved, industry-focused curriculum with significant field engagement (2/3 of the program), strong placement assistance, and a learn-and-earn model.

Why Choose Terna?

Terna is the only college in Navi Mumbai that gives you both a PGDM degree and an MBA CEEMAN certificate, which adds more weight to your resume. That means you don’t just walk out with a degree; you walk out with a strong edge.

Another big plus? You can book your seat before the entrance exam results are out. And if later you get a better score and want to switch colleges, they offer a full refund.*. That kind of flexibility is rare.

When it comes to placements, Terna is growing fast. Many students get picked up by companies in banking, marketing, healthcare, and consulting. They also offer career counseling, industry visits, and hands-on learning to make sure you’re not just studying but really preparing for your career.

If you’re serious about your future, Terna is one of the Top MBA colleges in Navi Mumbai you shouldn’t miss.

2. SIES College of Management Studies

Entrance Exams: Dec MAT, Nov CAT, CET, CMAT (CET is mandatory even if you have appeared for other exams)
Fees: ₹8.5 Lakhs
Location: Sri Chandrasekarendra Saraswati Vidyapuram, Plot I-E, Sector V, Nerul, Navi Mumbai – 400706, INDIA.
Specializations: Finance, HR, Operations, Marketing, Pharmaceutical Management, Biotechnology Management.
Placement: Highest salary package: 18 lakhs; Average package: ₹7.5 lakhs per annum.
Highlights: SIES offers a great ROI with quality education and a strong emphasis on values, discipline, and practical exposure. NAAC ‘A’ Grade accredited, strong in traditional undergraduate programs.

3. ITM Business School, Navi Mumbai

Entrance Exams: Dec MAT, Nov CAT, CET, CMAT
Fees: ₹13 Lakhs
Location: Plot 25 & 26, Institutional Area, Sector 4, Kharghar, Navi Mumbai, Maharashtra 410210
Specializations: Marketing, Finance, FinTech, Digital Marketing, Supply Chain, Business Analytics
Cutoff: Accepts CAT (e.g., 78 percentile for some specializations), XAT (e.g., 95 percentile), MAT (e.g., 80 percentile), CMAT, NMAT, and MAH CET. Specific cutoffs vary by specialization.
Placement:

Highest Package : ₹21 LPA
Average Package : ₹8.65 LPA
Top Recruiters: Amazon, Deloitte, JP Morgan, HDFC Bank, etc.

Highlights: Mandatory 5-month industry internship, integrated professional certifications, Global Immersion Program options, and on-campus start-up incubator.

Just a Thought Before You Go…

Your MBA journey isn’t just about picking the right college — it’s also about choosing the right path within it. Whether it’s marketing, finance, HR, business analytics, or something else, every student wonders, “Which specialization is actually right for me?”

You’re not alone. In fact, studies show that a lot of students feel stuck or unsure at this stage. That’s completely normal — and exactly why a little career guidance can go a long way.

Your career deserves clarity, not confusion. If you’re unsure, talking to someone who’s been there can truly make a difference. Terna Global Business School is offering free career counseling to help students like you figure it out. Whether you’re confused about specializations, placement prospects, or your long-term goals — their one-on-one counseling sessions can help you move forward with clarity and confidence.