SPJIMR Mumbai clinches #1 rank in IIRF MBA Ranking 2025 for private B-schools in Mumbai

IIRF Business School Maharashtra Ranking 2025: The IIRF MBA Ranking 2025 has revealed the top B-Schools (Pvt) of Mumbai, with S P Jain Institute of Management & Research (SPJIMR), Mumbai, securing the top spot.

It is followed by NMIMS School of Business Management, Mumbai, in second place, and N L Dalmia Institute of Management Studies and Research, Mumbai, in third.

These institutions have not only established themselves as the best B-schools (Pvt) in Mumbai in India but also stand out among the top B-schools (Pvt) in the country, making them the top choices for MBA aspirants in Mumbai.

S P Jain Institute of Management & Research (SPJIMR), Mumbai, has consistently been one of the most prestigious management schools in the country.

Located in Andheri West, Mumbai, SPJIMR is renowned for its academic rigor and strong industry engagement.

The institution is AICTE-approved and holds prestigious global accreditations from AMBA (UK), NBA, and AACSB International.

SPJIMR offers a diverse range of programs, including PGDM, PGDM BM, PGPM, GMP, Executive PGDM, Online PGDM, and Doctoral programs.

The flagship PGDM program, along with the Centre for Family Business and Entrepreneurship (CFBE), has helped the institute maintain an exceptional track record in placements.

For the 2025 batch, the highest domestic placement package reached ₹89 LPA, and the highest international package stood at ₹81 LPA.

The selective admissions process based on CAT/GMAT scores and profile evaluation ensures that SPJIMR admits only the most promising students, making it the top choice for management aspirants.

SPJIMR’s position at the top of the IIRF B-Schools (Pvt) of Mumbai Ranking 2025 reflects its continued excellence in management education.

NMIMS School of Business Management, Mumbai, established in 1981, is another prominent name in the IIRF MBA Ranking 2025.

As one of India’s premier business schools, NMIMS offers a wide range of management programs, including BBA, MBA, and Executive MBA.

The institute has built a solid reputation for academic excellence and strong industry connections.

NMIMS is accredited by global bodies such as NBA, ABET, AACSB, and NAAC, ensuring that its programs meet international standards.

In the 2023 placements, the highest MBA placement package offered was ₹25.95 LPA.

Known for its strong academic environment and excellent placement support, NMIMS continues to be a top choice for students aspiring to pursue a career in management.

Its consistent ranking among the best B-schools (Pvt) of Mumbai in India further attests to its stature in the educational landscape.

N L Dalmia Institute of Management Studies and Research, Mumbai, which was established in 1995, ranks third in the IIRF B-Schools (Pvt) of Mumbai Ranking 2025.

Accredited by NBA and approved by AICTE, the institute offers various programs, including its flagship PGDM, PhD, and other specialized courses in fields like finance and business analytics.

It is a member of several prestigious organizations, including AACSB and AIMA.

N L Dalmia’s admissions process is based on merit and performance in entrance exams like MAT, CAT, XAT, and CMAT.

In the 2023 placements, the highest package was ₹25.5 LPA, with top recruiters such as PWC, KPMG, and Kantar.

N L Dalmia’s reputation for quality education in management, especially in finance, continues to attract top-tier students.

With a strong placement record and a focus on practical skills, it remains a preferred choice among aspirants.

According to the IIRF MBA Ranking 2025, S P Jain Institute of Management & Research, NMIMS, and N L Dalmia Institute of Management Studies and Research are among Mumbai's top private B-schools, shaping the future of business leadership and maintaining leadership in management education.

TOP 10 B-SCHOOLS (PVT) OF MUMBAI - 2025

The IIRF is a trusted ranking system that evaluates over 5,000 academic institutions in India. It ranks colleges, universities, and business schools based on key factors such as research, placements, faculty quality, and industry collaboration.

The IIRF covers more than 1,500 universities, 2,000 engineering colleges, 1,000 B-schools, and various other specialized institutions in fields like law, design, architecture, MBBS, pharmacy, and journalism.

It provides valuable insights to students and educators, helping them make informed decisions. For more details, visit www.iirfranking.com.