MKES IMSR, IIM (NITIE) Mumbai, Shailesh J. Mehta School of Management, [IIT Bombay], SPJIMR, SBM NMIMS, and more prestigious business schools are located in Mumbai. The "City of Dreams" and "Financial Capital of Nation," Mumbai, is home to 132 business schools, of which 114 are private and 10 are government-run. In all, Mumbai has 58 AICTE-approved business schools and 16 UGC-approved ones. CAT, MAT, XAT, NMAT, CMAT, MAH CET, GMAT, and GRE are some of the management entrance exams that are used to determine admission to the best business schools in Mumbai. The most prestigious business schools in Mumbai charge an average of INR 50,000 to INR 30,00,000 a year for management courses.