MBA Colleges in Mumbai Accepting Low CAT Score (2026): Fees, Cutoffs & Placements
12 MBA and PGDM colleges in Mumbai admit in the 40–92 CAT percentile band for 2026-28, 2 of them NIRF 2025 top-100. Fees run ₹3.8 L to ₹23.9 L and the best reported average is 13.1 LPA at KJSIM. Lowest CAT floor in the city: 50 percentile.
Mumbai is a BFSI town first and everything else second. Investment banking operations, equity research, insurance, NBFC credit and fintech account for the bulk of hiring at every tier here, which is why finance specialisations at even mid-tier Mumbai colleges place better than marketing ones. The city’s advantage is proximity: summer internships at firms you could not reach from a campus elsewhere.
All 12 MBA colleges in Mumbai
| NIRF 2025 | College | City | CAT band | Total fee | Avg CTC | Also accepts |
|---|---|---|---|---|---|---|
| 65 | KJSIMK J Somaiya Institute of Management | Mumbai | 84–92 %ile | ₹23.9 L | 13.1 LPA | XAT, NMAT, CMAT, GMAT |
| 75 | WeSchool MumbaiPrin. L. N. Welingkar Institute of Management Development and Research | Mumbai | 70–80 %ile | ₹14 L | 11.7 LPA | XAT, CMAT, ATMA, GMAT |
| — | NLDIMSRN. L. Dalmia Institute of Management Studies and Research | Mumbai | 75–85 %ile | ₹16.5 L | 11.2 LPA | XAT, CMAT, MAH-CET, MAT, ATMA, GMAT |
| — | SIESCOMSSIES College of Management Studies | Navi Mumbai | 60–75 %ile | ₹10 L | 8.8 LPA | XAT, CMAT, MAH-CET, MAT, ATMA, GMAT |
| — | ITM Navi MumbaiITM Business School | Navi Mumbai | 50–78 %ile | ₹13.5 L | 8.7 LPA | XAT, NMAT, CMAT, MAT, ATMA, MAH-CET |
| — | IES MCRCIES Management College and Research Centre | Mumbai | 70–80 %ile | ₹8.6 L | 7.5 LPA | XAT, CMAT, MAH-CET, MAT, ATMA, GMAT |
| — | TIMSRThakur Institute of Management Studies and Research | Mumbai | 60–70 %ile | ₹5.1 L | 7.5 LPA | MAH-CET, CMAT |
| — | MET MumbaiMET Institute of Management | Mumbai | 55–70 %ile | ₹4.1 L | 7.5 LPA | MAH-CET, CMAT, XAT, MAT, ATMA, GMAT |
| — | CIMRChetana's Institute of Management and Research | Mumbai | 70–80 %ile | ₹9.6 L | 7 LPA | XAT, CMAT, MAH-CET, MAT, ATMA |
| — | VESIMVivekanand Education Society's Institute of Management Studies and Research | Mumbai | 60–70 %ile | ₹6.4 L | 6.1 LPA | MAH-CET, XAT, CMAT, MAT, ATMA, GMAT |
| — | XIMRXavier Institute of Management and Research | Mumbai | 55–65 %ile | ₹6.2 L | 6 LPA | MAH-CET, CMAT, MAT, ATMA |
| — | LLIMLala Lajpatrai Institute of Management | Mumbai | 50–60 %ile | ₹3.8 L | 5.5 LPA | MAH-CET, CMAT, XAT, MAT, ATMA, NMAT, GMAT |
Covers Mumbai and Navi Mumbai. Sorted by NIRF 2025 rank, unranked last.
What actually decides your seat in Mumbai
The MAH-CET point is decisive in Mumbai. MMS colleges — VESIM, Thakur, MET, Xavier Institute of Management and Research, Lala Lajpatrai — fill mostly through CAP rounds and charge ₹3.8–6.4 lakh. The autonomous PGDM schools — Welingkar, N. L. Dalmia, Chetana’s, IES MCRC, SIESCOMS — take CAT and charge ₹8.6–16.5 lakh. Same city, roughly triple the fee.
Across these 12 colleges the alternatives to CAT that come up most often are CMAT (12), XAT (10), ATMA (10) and MAH-CET (10). Full routes are in our guide to MBA admission without CAT.
Fees vs placement in Mumbai
| College | City | Total fee | Avg CTC | CTC ÷ fee |
|---|---|---|---|---|
| MET Mumbai | Mumbai | ₹4.1 L | 7.5 LPA | 1.83 |
| TIMSR | Mumbai | ₹5.1 L | 7.5 LPA | 1.47 |
| LLIM | Mumbai | ₹3.8 L | 5.5 LPA | 1.45 |
| XIMR | Mumbai | ₹6.2 L | 6 LPA | 0.97 |
| VESIM | Mumbai | ₹6.4 L | 6.1 LPA | 0.95 |
| SIESCOMS | Navi Mumbai | ₹10 L | 8.8 LPA | 0.88 |
| IES MCRC | Mumbai | ₹8.6 L | 7.5 LPA | 0.87 |
| WeSchool Mumbai | Mumbai | ₹14 L | 11.7 LPA | 0.84 |
Cheapest MBA colleges in Mumbai
| College | Total fee | CAT band | Avg CTC | Also accepts |
|---|---|---|---|---|
| LLIM | ₹3.8 L | 50–60 %ile | 5.5 LPA | MAH-CET, CMAT, XAT, MAT, ATMA, NMAT, GMAT |
| MET Mumbai | ₹4.1 L | 55–70 %ile | 7.5 LPA | MAH-CET, CMAT, XAT, MAT, ATMA, GMAT |
| TIMSR | ₹5.1 L | 60–70 %ile | 7.5 LPA | MAH-CET, CMAT |
| XIMR | ₹6.2 L | 55–65 %ile | 6 LPA | MAH-CET, CMAT, MAT, ATMA |
| VESIM | ₹6.4 L | 60–70 %ile | 6.1 LPA | MAH-CET, XAT, CMAT, MAT, ATMA, GMAT |
| IES MCRC | ₹8.6 L | 70–80 %ile | 7.5 LPA | XAT, CMAT, MAH-CET, MAT, ATMA, GMAT |
Frequently asked questions
Which MBA colleges in Mumbai accept 50–60 percentile in CAT?
LLIM, ITM Navi Mumbai, MET Mumbai, XIMR, VESIM and TIMSR all admit at or below 60 percentile. The lowest floor in Mumbai is 50 percentile.
What is the cheapest MBA in Mumbai?
Lala Lajpatrai Institute of Management at ₹3.8 L for the full two years, with 5.5 LPA reported average placement.
Is an MBA in Mumbai worth the fee?
Use placement ÷ fee. The best ratio in Mumbai is MET Mumbai at 1.83 (7.5 LPA on ₹4.1 L). Anything above 0.9 is healthy for this tier; below 0.6 needs a very good reason.
Watching your budget? See the cheapest MBA colleges in Mumbai ranked by total fee, or the lowest-fee list for all of India.
Missed CAT or expect a low score? See MBA colleges in Mumbai that accept MAT, CMAT, XAT, NMAT or a state test instead.
Before you pay anything: check that the college is AICTE-approved and know the refund rules.
Sources & methodology
Cutoffs are the published shortlisting percentile where the institute publishes one, and otherwise the band in which it actually admits, taken from institute disclosures and the portals below. Fees are total two-year programme fees excluding hostel unless stated; placement figures are the latest institute-reported averages. Cross-checked against NIRF 2025 on 4 September 2026. Always confirm against the institute’s current admission brochure before paying any fee.
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