The metropolitan city of Mumbai in the State of Maharashtra serves as an significant education hub in the NCR region that attracts students looking for MBA admission to the top MBA colleges in Mumbai with low fees. The majority of the one of the top 10 MBA colleges in Mumbai with low fees are located in the Thane region of Mumbai including MKES - Institute Of Management Studies and Research ( MKES - IMSR). It comes under the bigger area of Mumbai among other principal cities of Mumbai, Pune, Thane.

Pursuing MBA from one of the top MBA colleges in India is the dream of MBA aspirants. There are 125 top MBA Colleges in India based on NIRF Ranking 2023-Management. They include only MBA/PGDM colleges and universities but not the top MBA Colleges in India which are the integral parts and management departments of various universities in India. However, all the top MBA colleges in India shortlist candidates based on one or other MBA entrance exams like CAT, XAT, NMAT, SNAP, TISSNET and others. Top MBA colleges in India include not only some of the 21 IIMs.