does Mumbai have good scope for jobs after doing mba in finance?

Ofcourse you can have very good job opportunities for finance in Mumbai. In fact Mumbai is the financial capital of India and most of the banks and financial institutions are headquartered there like HDFC Bank, ICICI Bank and others. If you're planning to study finance from a B School in Mumbai you'll have ample opportunities in terms of internships, placements and participating in live projects.

Good Luck