Mulshi Group of Institutes (MGI), Pune, is a private management institute promoted under the aegis of Ignited Minds Society. The group runs two constituent institutes, Mulshi Institute of Business Management (MIBM), founded in 2010, and Mulshi Institute of Retail Management (MIRM). The PGDM program is approved by the AICTE and has been ranked 84th by Times of India in 2026.
The campus sits on a plateau of the Sahyadri range at Sambhave, Tal-Mulshi, overlooking the Mulshi Dam backwaters. It is a fully residential campus with separate hostel blocks for boys and girls.
- MGI offers two postgraduate management programs:
- PGDM at MIBM, a 2-year dual-specialisation program run across six trimesters, with a sanctioned intake of 120 seats. Specialisations on offer are Marketing, Finance, Human Resource, Supply Chain and Operations Management, Business Analytics, Media and Communication, and Pharmaceutical Management.
- MBA Healthcare Administration
- The total fee for the PGDM is INR 10.60 Lakhs - INR 11.31 Lakhs for the entire duration.
- A merit scholarship of INR 1,50,000 is awarded to the top 20 students who clear a combined academic and entrance-exam threshold.
- For the graduating year 2024-26, all students who completed the PGDM in the minimum stipulated time were placed, at a average salary of INR 9 LPA. The institute reports a highest package of INR 30 LPA.
- Mulshi Group of Institutes Admission Dates 2027
- Mulshi Group of Institutes Courses and Fees
- Mulshi Group of Institutes Admission Process
- Mulshi Group of Institutes Placements
- Mulshi Group of Institutes Scholarships
- Mulshi Group of Institutes Campus and Infrastructure
- Mulshi Group of Institutes vs PIBM Pune vs Indira Institute of Management Pune
- Mulshi Group of Institutes FAQs
Mulshi Group of Institutes Admission Dates 2027
Admissions for the 2027 intake are anchored by national management entrance exams, with group discussions and interviews beginning in February 2027. The application fee rises in four slabs, so applying early is cheaper.
The table below lists the official calendar for the PGDM 2027-29 batch.
| Event | Date |
|---|---|
| Application Forms Open | September 20, 2026 |
| Early Bird Window (Fee INR 500) | September 20 to October 31, 2026 |
| Second Window (Fee INR 700) | November 1 to December 8, 2026 |
| Third Window (Fee INR 1,000) | December 9 to December 31, 2026 |
| Final Window (Fee INR 1,800) | January 1 to January 20, 2027 |
| Application Forms Close | January 20, 2027 |
| Group Discussion and Personal Interview | February 6, 2027 onwards |
| Program Commencement | June 15, 2027 |
Both programs draw on the same pool of national entrance exams, and MIRM follows the group admission calendar. The exam requirements by course family are set out below.
| Course | Exams Accepted | MGI Application Window | Selection Round |
|---|---|---|---|
| PGDM | CAT, XAT, MAT, CMAT, GMAT, ATMA, MAH-CET | September 20, 2026 to January 20, 2027 | February 6, 2027 onwards |
Mulshi Group of Institutes Courses and Fees
MGI offers PDGM in 8 specializations. The most preferred specialization is Marketing. Check MGI Fees below:
| Course | Eligibility | Total Fees |
|---|---|---|
| PGDM | Bachelor degree with 50% (45% for reserved category) and a CAT/ XAT/MAT/CMAT/GMAT/ATMA/MAH-CET score | INR 10.6 Lakhs - INR 11.31 Lakhs |
Hostel and mess charges sit outside the program fee. Shared hostel accommodation costs INR 80,000 per academic year and mess charges are about INR 48,000 per year, with a refundable hostel deposit of INR 20,000.
Mulshi Group of Institutes Admission Process
Admission is driven by entrance exam performance, past academics and a personal interaction round. Selection weightage is split across written test at 25%, academics at 25%, group discussion and personal interview at 40%, and work experience at 10%.
PGDM Admission
Applicants need a bachelor degree in any discipline. Candidates in the final year of their degree may apply, provided all degree requirements are completed by September 30, 2027.
- Bachelor degree with a minimum of 50% marks for the General category and 45% for the Reserved category
- Indian nationality is required
- A valid score in CAT, XAT, MAT or CMAT
Candidates must clear at least one of three qualifying routes. The exam cutoff route is the most commonly used, and MGI sets a CAT cutoff of 70 percentile and above or an XAT cutoff of 65 percentile and above alongside 50% in graduation. The second route waives the percentile bar for strong school records, requiring 75% in Class 10, 75% in Class 12 and 60% in graduation with a valid CAT or XAT scorecard. The third route is the MIBM written competency test.
- Register online at the MGI application portal, at the institute counter, or by posting a downloaded PDF form with a demand draft
- Pay the application fee applicable to the window in which the form is submitted
- Shortlisting for the next round, intimated by SMS and email
- Group Discussion, Personal Interview and Written Ability Test where applicable
- Final offer, followed by payment of the first instalment and document verification
The cohort is largely drawn from outside Maharashtra. Of the 169 students on roll in the latest NIRF submission, 134 were from outside the state and 35 from within Maharashtra, with 69 women in the batch.
MBA Healthcare Administration Admission
MIRM applies the same eligibility bar and the same selection weightage as the PGDM. The program is pitched at graduates from medical and allied disciplines as well as general graduates moving into hospital, pharmaceutical and health-insurance roles.
- Bachelor degree in any discipline with 50% marks, relaxed to 45% for the Reserved category
- A valid CAT, XAT, MAT or CMAT score, or qualification through the institute written competency test
- Selection through Group Discussion and Personal Interview
Mulshi Group of Institutes Placements
Mulshi Group of Institutes placements for the graduating year 2024-26 covered the full batch. All 78 students who finished the PGDM in the minimum stipulated time were placed, at a median salary of INR 8,20,000. The details around MGI Placements are given below:
| Package Type | Package |
|---|---|
| Highest Package | INR 30 LPA |
| Average Package | INR 9 LPA |
| Top Recruiters | Deloitte, PwC, EY, Hewlett Packard, Wipro, ICICI Bank, BNY Mellon, HSBC, Motilal Oswal, Accenture, ITC Infotech, Aditya Birla Capital, Atlas Copco, CEAT, Dun & Bradstreet, Fossil, GEP Worldwide, Godrej & Boyce, Hotstar and others |
Mulshi Group of Institutes Sector-Wise Placement
| Sector | Percentage |
|---|---|
| Real Estate | 28% |
| BFSI | 20% |
| Ed & Fintech | 17% |
| Manufacturing | 14% |
| Service & Consulting | 10% |
| Information Technology | 5% |
| Others | 6% |
Mulshi Group of Institutes Scholarships
MGI runs one institute-funded merit scholarship, awarded after the first trimester rather than at the point of admission. Government and loan-based support is routed through external portals.
| Scholarship | Eligibility | Coverage |
|---|---|---|
| MIBM Merit Scholarship | Top 20 students meeting all of: 80% in CAT or XAT, 85% in Class 10, 85% in Class 12, 70% or equivalent CGPA in graduation, and CGPA of 4.5 and above in the first trimester of the PGDM | INR 1.50 Lakhs |
Beyond the merit award, the institute points applicants to AICTE student schemes, the Vidya Lakshmi education loan portal and the West Bengal Student Credit Card scheme for loan-funded admission. Students in the MBA Healthcare Administration program can additionally apply through MUHS scholarship channels, and the MUHS affiliation makes the program eligible for education loans.
Mulshi Group of Institutes Campus and Infrastructure
The campus is at Sambhave, Tal-Mulshi, near Malhar Machi, on a Sahyadri plateau facing the Mulshi Dam. Pune Junction is the nearest railway station and Pune International Airport the nearest airport, with state transport buses running from Pune. The setting is rural rather than urban, so students depend on campus facilities for most day-to-day needs.
Academic infrastructure covers a central library, computer centre, language lab, classrooms, a conference hall, and an auditorium with a seminar hall. The library provides access to over 10,000 international journals online along with industrial databases, and the institute holds a British Council Library membership. Capital spending reported for 2024-25 includes INR 5.27 Lakhs on library resources and INR 18.91 Lakhs on laboratory upgradation. More than 80% of the buildings have lifts or ramps and specially designed toilets for physically challenged students.
Hostel accommodation is available on campus for boys and girls, applied for at the time of admission, and is paired with a mess, canteen and sports facilities. Teaching strength stood at 17 faculty members in the latest NIRF submission, with the institute reporting a faculty-student ratio of 1:16, and the leadership is drawn from doctoral and industry backgrounds. Students should factor in that the hostel is shared accommodation and that the small batch size means a more modest club and festival calendar than large multi-discipline campuses in Pune city.
Mulshi Group of Institutes vs PIBM Pune vs Indira Institute of Management Pune
Candidates holding a 70 to 85 percentile score in CAT, XAT, CMAT or MAT typically evaluate MGI against the other AICTE-approved standalone PGDM schools in and around Pune. PIBM Pune and Indira Institute of Management Pune draw from the same applicant pool and the same recruiter circuit.
| Parameter | Mulshi Group of Institutes | PIBM Pune | Indira Institute of Management Pune |
|---|---|---|---|
| Flagship Program | PGDM, 2 years | PGDM, 2 years | PGDM, 2 years |
| Approval | AICTE | AICTE | AICTE, NBA accredited |
| Sanctioned Intake | 120 | 480 | 180 |
| Total Program Fees | INR 10.6 Lakhs - INR 11.31 Lakhs | INR 9.40 to 9.55 Lakhs | Around INR 8 Lakhs |
| Exams Accepted | CAT, XAT, MAT, CMAT | CAT, XAT, CMAT, MAT, ATMA | CAT, XAT, CMAT, MAT, ATMA, MAH-CET |
| Reported Median or Average CTC | Average INR 9 LPA | Median INR 8.15 LPA | Average around INR 7.25 LPA |
| Campus Type | Residential, outside Pune city | Residential, Mulshi taluka | Day-scholar and hostel, Tathawade, Pune |
MGI carries the highest fee of the three and the smallest sanctioned batch, which is the trade-off candidates weigh most. PIBM runs a batch four times larger, which widens recruiter footfall but reduces per-student attention. Indira Institute of Management sits at the lowest fee band and holds NBA accreditation, and its Tathawade location keeps students inside Pune city. MGI's case rests on the 120-seat cohort, the reported 1:16 faculty-student ratio and a median that has climbed in each of the last three graduating years.
Mulshi Group of Institutes FAQs
Ques. Is Mulshi Group of Institutes approved by AICTE?
Ans. Yes. The PGDM at Mulshi Institute of Business Management is approved by AICTE, New Delhi. The MBA in Healthcare Administration at Mulshi Institute of Retail Management is approved by AICTE and affiliated to Maharashtra University of Health Sciences, Nashik.
Ques. What is the total fee for PGDM at Mulshi Group of Institutes?
Ans. The published total is INR 11.29 Lakhs for the two-year PGDM, of which tuition is INR 10.60 Lakhs. The amount is collected in five instalments, starting with INR 1,10,000 at the time of admission.
Hostel and mess charges are extra at about INR 1.28 Lakhs per academic year, plus a refundable hostel deposit of INR 20,000.
Ques. What CAT percentile is needed for admission to Mulshi Group of Institutes?
Ans. The institute sets a CAT cutoff of 70 percentile and above, or an XAT cutoff of 65 percentile and above, along with 50% marks in graduation. Candidates with 75% in Class 10, 75% in Class 12 and 60% in graduation can apply with a valid CAT or XAT scorecard without meeting the percentile bar.
Ques. Does Mulshi Group of Institutes have a NIRF rank?
Ans. No. The institute submits data to NIRF under the Management category, but it does not currently appear in the NIRF Management ranked list.
Ques. What is the average package at Mulshi Group of Institutes?
Ans. The institute reports an average package of about INR 9 LPA and a highest package of INR 30 LPA. The verified median salary of placed graduates for the 2024-25 graduating year was INR 8,20,000, with all 78 eligible students placed.
Ques. Can I apply to Mulshi Group of Institutes without a CAT or XAT score?
Ans. Yes. MAT and CMAT scores are accepted, and candidates without any of these can qualify through the MIBM written competency test conducted along with the group discussion and interview round.
Ques. Is hostel accommodation available at Mulshi Group of Institutes?
Ans. Yes. Separate hostel blocks for boys and girls are available on campus and must be applied for at the time of admission. Shared accommodation costs INR 80,000 per academic year and mess charges are about INR 48,000 per year.
Ques. Is Mulshi Group of Institutes better than PIBM Pune?
Ans. The reported medians are close, at INR 8.20 LPA for Mulshi Group of Institutes and INR 8.15 LPA for PIBM Pune. PIBM is cheaper at INR 9.40 to 9.55 Lakhs and runs a 480-seat batch, while Mulshi Group of Institutes charges INR 11.29 Lakhs for a 120-seat batch.
Candidates who want a larger recruiter pool lean towards PIBM, and those who want a smaller residential cohort lean towards Mulshi Group of Institutes.
Ques. What is the last date to apply for the PGDM 2027-29 batch?
Ans. Applications close on January 20, 2027. The application fee rises through four windows, from INR 500 in the early-bird window ending October 31, 2026, to INR 1,800 for forms submitted between January 1 and January 20, 2027.




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