Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE) is a government management institute founded in 1983 in Mumbai, Maharashtra. It is approved by AICTE and affiliated with the University of Mumbai. Its Churchgate location is within walking distance of the Bombay Stock Exchange, the RBI headquarters and offices in Mumbai’s main financial district.

The institute operates from a compact campus in Churchgate, South Mumbai. SIMSREE is known for government-regulated fees and strong placement results compared with its programme cost. It is not included in the NIRF 2025 Management ranking list, while its positions from The Week, IIRF, BT-MDRA and Outlook are covered in the Rankings section.

Boys and girls can use separate hostel facilities near the campus. The monthly hostel charge ranges from INR 14,060 to INR 17,480. Eligible reserved-category and EWS students can also receive Maharashtra government scholarships that cover part of their fees.

  • MMS (Master of Management Studies, 2 years) is SIMSREE’s flagship University of Mumbai programme. It offers Finance, Marketing, Operations, Human Resources and Systems specialisations, with admission based on MAH MBA CET and MAH CAP centralised counselling.
  • MFM (Master in Financial Management, 2 years) is an AICTE-approved postgraduate degree focused on Finance.
  • MMM (Master in Marketing Management, 2 years) is an AICTE-approved postgraduate degree focused on Marketing.
  • M.Sc. Finance is a 2-year programme.
  • PhD is offered in Management Studies.

The complete 2-year MMS programme costs INR 1,38,000 under the government-regulated University of Mumbai fee structure. The total fee is INR 1,53,000 for MFM and the same for MMM, while M.Sc. Finance costs INR 6,99,777. Among Mumbai MBA programmes with comparable placement outcomes, SIMSREE has the lowest fee.

For the MMS 2023-25 batch, SIMSREE recorded 100% placement. The highest salary package was INR 22.50 LPA, the average was INR 15.10 LPA and the median was INR 14.85 LPA. Campus recruitment involved 76 companies.

Admission Update: Admission to the 2026-28 MMS batch is complete. Students entered through MAH MBA CET 2026, and the General category closed at the 99.97 percentile. For the 2027-29 batch, MAH MBA CET 2027 registration is expected to begin in January 2027.

SIMSREE Admission Dates 2027

The completed 2026-28 admission cycle covered MMS entry through MAH MBA CET 2026. The following tentative schedule applies to the 2027-29 cycle for MAH MBA CET and the Maharashtra Common Admission Process.

EventDate
MAH MBA CET 2027 registration for the 2027-29 cycleJanuary to February 2027
MAH MBA CET 2027 examinationMarch 2027
MAH CAP registration for the 2027-29 cycleJune 2027
MAH CAP Round 1 seat allotmentJuly 2027
Start of the 2027-29 programmeAugust 2027

Subject to revision. Kindly check with the official sources to confirm

Admission routes differ by programme, as shown below.

ProgrammeQualifying ExamAdmission Route
MMS (2 years)MAH MBA CETMAH CAP centralised counselling
MFM (2 years)MAH MBA CETMAH CAP centralised counselling
MMM (2 years)MAH MBA CETMAH CAP centralised counselling
M.Sc. FinanceEntrance test or meritSIMSREE direct admission process
PhDInstitutional test and interviewSIMSREE direct admission process

SIMSREE Courses and Fees

SIMSREE conducts postgraduate management and research programmes with government-regulated fees. MMS is its main programme. MMS, MFM and MMM have AICTE approval and University of Mumbai affiliation.

CourseDurationEligibilityTotal Fees
MMS (Master of Management Studies)2 yearsGraduation with 50% and MAH MBA CETINR 1,38,000
MFM (Master in Financial Management)2 yearsGraduation with 50% and MAH MBA CETINR 1,53,000
MMM (Master in Marketing Management)2 yearsGraduation with 50% and MAH MBA CETINR 1,53,000
M.Sc. Finance2 yearsGraduation with 50%INR 6,99,777
PhD (Management Studies)3 to 5 yearsMBA or another postgraduate degree with 55%INR 48,000

Subject to revision. Kindly check with the official sources to confirm

MMS students may specialise in Finance, Marketing, Operations, Human Resources or Systems. Finance draws the most demand, supported by the institute’s position in Mumbai’s financial centre. MFM provides a focused route for finance careers, while MMM gives students a single-specialisation path in marketing.

SIMSREE Admission Process

MMS, MFM and MMM Admission

The State Common Entrance Test Cell, Maharashtra conducts MAH MBA CET for admission to the three postgraduate management programmes. Seat allocation takes place through the MAH CAP portal.

  1. Applicants must hold a bachelor’s degree in any subject with at least 50% aggregate. Maharashtra candidates from SC, ST and OBC categories require at least 45%.
  2. Final-year undergraduate students may submit a provisional application.
  3. Applicants must take MAH MBA CET and obtain a valid score for the admission year.
  4. They must register on the MAH CAP portal, enter their MAH MBA CET score and arrange colleges in their preferred order.
  5. After receiving an allotment, applicants must accept the seat, complete document verification and pay the required fee.

M.Sc. Finance Admission

Applications for M.Sc. Finance are handled directly through the SIMSREE official portal. A bachelor’s degree with at least 50% aggregate is required. Depending on the admission year, shortlisting is based either on an entrance test or academic merit.

PhD Admission

University of Mumbai research rules govern PhD admission. Applicants need an MBA or an equivalent postgraduate qualification with a minimum 55% aggregate. SIMSREE’s research faculty selects students through a research aptitude test followed by a department-level interview.

SIMSREE Cutoffs

SIMSREE has one of Maharashtra’s highest MAH MBA CET cutoffs among government management institutes. The available General, All India, Maharashtra state and OBC closing percentiles are listed below in newest-first order.

Admission Year or BatchCategoryClosing PercentileStage
2026-28 batchGeneral99.97Final closing percentile
2025General, All India99.97Round 1
2025Maharashtra state, GOPENS99.75Round 1
2025OBC99.60 to 99.65Closing range

Reservation rules result in considerably lower closing cutoffs for SC and ST applicants.

SIMSREE Placements

Every student in the MMS 2023-25 batch was placed. Being based at Churchgate gives students access to employers from BFSI, consulting, FMCG and media, including companies with regional or national headquarters close to the institute.

MetricMMS Batch 2023-25
Highest PackageINR 22.50 LPA
Average PackageINR 15.10 LPA
Median PackageINR 14.85 LPA
Top 10% AverageINR 19.71 LPA
Top 25% AverageINR 18.38 LPA
Total Companies76, including 42 new recruiters
Placement Rate100%

Google, Yes Bank, Godrej, ICICI Bank, RBI, Reliance, Wipro, HCL and Infosys are among the leading recruiters. Banks, asset management companies and consulting firms recruit students from the Finance specialisation. Marketing students enter FMCG, retail and digital marketing positions. Summer placements for an MMS batch take place from November to December, while pre-placement offers continue from January to February of the second year.

SIMSREE Rankings

Several national MBA ranking organisations include SIMSREE, although the institute does not feature in the NIRF 2025 Management list.

Ranking BodyCategoryRank
The WeekMBA26
IIRFMBA, India25
BT-MDRAMBA35
OutlookMBA, All India24

Across these national MBA lists, SIMSREE holds positions from 24 to 35, placing it among India’s leading government business schools. CRISIL has assigned the institute a national-level rating of A**. SIMSREE is also noted for high returns on its low management education fees.

SIMSREE Scholarships

Maharashtra government scholarships are open to eligible SIMSREE students from reserved categories, while EWS students may receive schemes that meet part of their fee expenses. Eligible students may also apply for central government support.

ScholarshipEligibilityCoverage
Maharashtra Post-Matric Scholarship, GoMHSC, ST, OBC, SBC, VJ and NT students from Maharashtra who meet the prescribed income limitsTuition fee and maintenance allowance according to GoMH rules
Rajiv Gandhi Fellowship, UGCSC and ST PhD candidatesINR 31,000 per month as JRF, plus HRA during the PhD stage
PM-Vidyalaxmi SchemeStudents whose parental income is up to INR 8 Lakhs per annumEducation loan with interest subvention

The government-regulated MMS fee is INR 1,38,000 for the complete programme, so most students meet the cost without extra scholarship funding. The Maharashtra Post-Matric Scholarship mainly supports reserved-category students whose family income is within the set limit.

SIMSREE Campus and Infrastructure

The SIMSREE campus stands in Churchgate, South Mumbai, a well-connected commercial area. Its compact urban premises include classrooms, seminar halls, computer laboratories, a management library and spaces for student activities. Nearby corporate and financial institutions also give students access to practical learning opportunities.

Separate accommodation is available for male and female students near the institute. Hostel charges are between INR 14,060 and INR 17,480 per month. Churchgate railway station is a short walk away and connects the area with Mumbai’s local train network.

SIMSREE vs K.J. Somaiya vs Welingkar Mumbai

Students with high MAH MBA CET scores often assess SIMSREE alongside K.J. Somaiya Institute of Management and Welingkar Institute of Management. Both alternatives are well-known private MBA institutes in Mumbai and attract applicants from the same Maharashtra candidate pool.

ParameterSIMSREEK.J. SomaiyaWelingkar Mumbai
TypeGovernment, University of MumbaiPrivate deemedPrivate autonomous
MMS or MBA Total FeesINR 1,38,000INR 8 to 10 LakhsINR 9 to 11 Lakhs
MAH CET Cutoff, 202599.97 percentile, General98 to 99 percentile96 to 98 percentile
2025 Median PackageINR 14.85 LPAINR 12 to 14 LPAINR 10 to 12 LPA
LocationChurchgate, South MumbaiVidyavihar, MumbaiMatunga, Mumbai

SIMSREE has the lowest fee, strong placement results compared with its cost and a location in Mumbai’s financial district. K.J. Somaiya provides a bigger campus, a wider course selection that includes undergraduate management and an established corporate alumni network. Welingkar’s curriculum draws students interested in entrepreneurship, innovation and design thinking.

SIMSREE FAQs

Ques. How much does the complete MMS course at SIMSREE cost?

Ans. Students pay INR 1,38,000 for the full 2-year MMS programme. The University of Mumbai regulates this government fee. Each of the MFM and MMM programmes costs INR 1,53,000, while the M.Sc. Finance fee is INR 6,99,777.

Ques. What closing percentile is needed for SIMSREE MMS through MAH MBA CET?

Ans. In 2025 Round 1, MMS closed at the 99.97 percentile for General-category All India applicants and the 99.75 percentile for Maharashtra GOPENS applicants. The OBC closing range was 99.60 to 99.65. Under reservation rules, SC and ST cutoffs were considerably lower.

Ques. How did the MMS 2023-25 batch perform during placements?

Ans. The batch achieved a 100% placement rate. Its highest package reached INR 22.50 LPA, with an average of INR 15.10 LPA and a median of INR 14.85 LPA. A total of 76 companies, including 42 new recruiters, participated. Google, Yes Bank, ICICI Bank, Godrej, Reliance and RBI were among the major recruiters.

Ques. Does SIMSREE operate as a government institute?

Ans. Yes. SIMSREE is a government management institute affiliated with the University of Mumbai and approved by AICTE. It is located at Churchgate in Mumbai. Government support keeps the MMS, MFM and MMM fees well below those of private MBA institutes with similar placement performance.

Ques. Can SIMSREE students apply for hostel accommodation?

Ans. Yes. Separate hostel accommodation is offered to boys and girls. The monthly charge ranges from INR 14,060 to INR 17,480. SIMSREE is in Churchgate, South Mumbai, and the nearby Churchgate railway station provides local train access across the city.

Ques. What specialisation choices does the SIMSREE MMS programme provide?

Ans. MMS students can choose Finance, Marketing, Operations, Human Resources or Systems. Finance attracts the most students because SIMSREE is located in Mumbai’s financial district and many BFSI employers recruit from the campus.

Ques. How should a student choose among SIMSREE, K.J. Somaiya and Welingkar?

Ans. SIMSREE provides the strongest fee-to-placement ratio of the three. Its MMS costs INR 1,38,000, and the 2023-25 batch recorded 100% placement with a median package of INR 14.85 LPA. K.J. Somaiya has a larger campus and a wider programme range. Welingkar places more emphasis on design thinking and innovation. The suitable option depends on whether a student values financial returns, campus scale or the style of the curriculum.