NIRF rankings 2025: Top 6 management institutes in Mumbai to look out for, check complete list here

The Ministry of Education has released the National Institutional Ranking Framework (NIRF) 2025 rankings, reaffirming Mumbai’s role as one of India’s foremost hubs for management education.

This year, six institutes from the city have secured positions among the top 100 management institutions nationally, highlighting Mumbai’s enduring strength in shaping future business leaders.The list features a rich mix, the policy-driven Indian Institute of Management Mumbai, technology-led Indian Institute of Technology Bombay, legacy private schools such as S.P. Jain Institute of Management and Research and Narsee Monjee Institute of Management Studies, and practice-oriented institutes like K.J.

Somaiya Institute of Management and Welingkar Institute of Management Development and Research.

Together, they underscore Mumbai’s diverse pathways into management education, from cutting-edge research to strong industry integration.

NIRF 2025: Top 6 management institutes in Mumbai

As per NIRF 2025, here is the list of the top six management institutes in Mumbai.

IIM Mumbai leads from the front

Ranked 6th nationally, Indian Institute of Management Mumbai has quickly cemented its place among India’s elite B-schools.

With a score of 77.58, it is celebrated for its strong academic rigor, case-based pedagogy, and close industry ties. Its growing reputation as a hub for leadership training in public policy and corporate strategy makes it one of the most sought-after institutions in the country.

IIT Bombay brings tech and management together

At rank 14, IIT Bombay’s Shailesh J. Mehta School of Management continues to stand out for blending engineering expertise with business management.

With increasing emphasis on analytics, operations, and technology-driven solutions, the institute is known for producing graduates who thrive in consulting, IT, and product management roles.

SPJIMR and NMIMS reinforce Mumbai’s private legacy

Two legacy private institutions retain their prominence. S.P. Jain Institute of Management and Research (rank 20) is globally respected for its innovative pedagogy, emphasis on values-based leadership, and international collaborations.Meanwhile, Narsee Monjee Institute of Management Studies (rank 24) continues to attract students for its wide array of MBA specializations, strong alumni base, and close links to Mumbai’s corporate ecosystem.

Somaiya and Welingkar highlight applied learning

The K.J. Somaiya Institute of Management (rank 65) is known for industry-aligned curricula and a strong entrepreneurial culture. It has become popular for sector-specific MBAs and research in business sustainability.At rank 75, Prin. L.N. Welingkar Institute of Management Development and Research (WeSchool) underscores Mumbai’s practice-oriented management education. Its PGDM programs focus on design thinking, leadership labs, and global exposure, making it a competitive option among aspirants.

Mumbai’s enduring magnetism for management aspirants

With six institutes in the top 100, Mumbai consolidates its position as a national powerhouse for management education, standing alongside Delhi NCR and Bangalore. The city offers:

For management aspirants, Mumbai remains more than just a city of opportunities, it is a launchpad for leadership in a global economy.