Management Colleges in Maharashtra 2025: Fees, Admission, Ranking, Cutoff, Placements

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Content Curator | Updated on - Oct 17, 2025

SPJIMR Mumbai, IIM Mumbai, TISS Mumbai, and JBIMS Mumbai are the top Management Colleges in Maharashtra according to Collegedunia MBA rankings 2025. SPJIMR Mumbai stood at the top with a CD Score of 1682 (out of 2000), a CD Placement score of 949.5 (out of 1000) and followed by IIM Mumbai is the second most popular institute with a CD Score of 1680 (out of 2000), a CD Placement Score of 949.5 (out of 1000). The CD Score is calculated based on the summation of academic and placement scores. The academic scores are calculated based on state exam cutoffs or all-India entrance exam cutoffs, along with student reviews, NAAC, and agency rankings. The Placement Scores are calculated based on the average package, median package, and the number of students placed from each college.

Out of 1106 Management colleges, SPJIMR Mumbai, IIM Mumbai, and TISS Mumbai are the best for the MBA Course in Maharashtra. The average course fee for Management colleges in Maharashtra ranges from INR 77 K to INR 38.35 Lakh, depending on the college. Based on the latest placement statistics, the average package at top Management colleges in Maharashtra ranges from INR 20 LPA to INR 36.29 LPA. CAT, XAT, NMAT, and SNAP are the popular entrance exams accepted by the top Management colleges. According to the latest NIRF 2025 report, IIM Mumbai is the top-ranked Management college with a rank of 6th in India, followed by SIBM Mumbai with a rank of 11th in India.

Top 10 Management Colleges in Maharashtra

SPJIMR Mumbai, IIM Mumbai, and TISS Mumbai are the top Management Colleges in Maharashtra. The total course fee ranges from INR 77 K (TISS Mumbai) to INR 38.35 Lakh (SPJSGM Mumbai). In the table below, we have compiled the Top Management Colleges in Maharashtra, along with their fee structures, Median Package, Cutoff, and Locality.

College Name CD Placement Score Median/Average Package Cutoff Total Fees (INR)
SPJIMR Mumbai 949.5 INR 32 LPA CAT - 85 INR 26.50 Lakh
IIM Mumbai 949.5 INR 33 LPA CAT - 50 - 97 INR 21 Lakh
TISS Mumbai 751.7 INR 8.98 LPA

-

INR 77 K
JBIMS Mumbai 800.5 INR 26.4 LPA CAT - 96 INR 7 Lakh
SJMSOM Mumbai 285.7 INR 28 LPA CAT - 90 INR 14.27 Lakh
SBM NMIMS Navi Mumbai 633.5 INR 20 LPA NMAT - 96 INR 21 Lakh - INR 25 Lakh
SIBM Pune 712.1 INR 28.16 LPA SNAP - 97 INR 7.03 Lakh
SPJSGM Mumbai 914.2 INR 36.29 LPA

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INR 38.35 Lakh
SCMHRD Pune 693.7 INR 20 LPA SNAP - 97 INR 15.02 Lakh - INR 24.8 Lakh
BITSoM Mumbai 671.4 INR 23.41 LPA CAT - 94 (2023) INR 28.55 Lakh
Table of Contents
  1. Management Colleges in Maharashtra ROI Wise
  2. Top-Ranked Management Colleges in Maharashtra by Various Agencies
  3. Student Ratings of Top Management Colleges in Maharashtra
  4. Student Perception of Top Management Colleges in Maharashtra
  5. Top Management Colleges in Maharashtra: Highlights
  6. Best Government Management Colleges in Maharashtra
  7. Best Private Management Colleges in Maharashtra
  8. Top Management Colleges in Maharashtra: Admission
  9. Cheapest Management Colleges in Maharashtra
  10. Management Colleges in Maharashtra offering BBA/BMS
  11. Management Colleges in Maharashtra offering M.Phil/PhD in Management
  12. Management Colleges in Maharashtra offering BHM (Hospital) in Management
  13. Top Specialisations offered by Management Colleges in Maharashtra
  14. Top MBA Colleges in Maharashtra with Online MBA Program
    Top Management Colleges in Maharashtra with Executive MBA Program
  15. Top Management Colleges in Maharashtra by University Affiliation
  16. Top Management colleges in Maharashtra: City-wise
  17. Management Colleges in Maharashtra FAQs

Management Colleges in Maharashtra ROI Wise

TISS Mumbai is the top Management college in Mumbai in terms of ROI, i.e, 766.23%, with fees of INR 77 K and an average package of INR 5.9 LPA. Here is the list of the top 10 Management Colleges with their ROI percentage.

College Name Course Fees Medium/Average Package ROI (%)
TISS Mumbai INR 77 K INR 5.9 LPA 766.23%
SIBM Pune INR 7.03 Lakh INR 28.16 LPA 400.85%
JBIMS Mumbai INR 7 Lakh INR 26.4 LPA 377.14%
SJMSOM Mumbai INR 14.27 Lakh INR 28 LPA 196.30%
SCMHRD Pune INR 15.02 Lakh - INR 24.8 Lakh INR 24.28 LPA 161.64%
IIM Mumbai INR 21 Lakh INR 33 LPA 157.14%
IIM Indore Navi Mumbai INR 17.7 Lakh INR 25.68 LPA 145.14%
SBM NMIMS Navi Mumbai INR 21 Lakh INR 28.16 LPA 134.10%
SPJSGM Mumbai INR 38.35 Lakh INR 36.29 LPA 94.63%
BITSoM Mumbai INR 28.55 Lakh INR 23.41 LPA 82.00%

Top-Ranked Management Colleges in Maharashtra by Various Agencies

SPJIMR Mumbai is the top-ranked college in Mumbai according to all the ranking agencies. According to the latest NIRF 2025 report, IIM Mumbai is the top-ranked Management college with a rank of 6th in India, followed by SIBM Mumbai with a rank of 11th in India. Below is the list of the top 10 Management Colleges in Maharashtra, according to NIRF and IIRF, as well as per the grade awarded to each University by NAAC.

College name CD Score (out of 2000) CD Rank NIRF IIRF NAAC
SPJIMR Mumbai 1682 10 (India) 20 (India) 1 (India) A++
IIM Mumbai 1680 11 (India) 6 (India) 9 (India) A++
TISS Mumbai 1672 15 (India) -

-

A++
JBIMS Mumbai 1660 16 (India) - 6 (India) A++
SJMSOM Mumbai 1652 18 (India) - 10 (India) A
SBM NMIMS Navi Mumbai 1642 19 (India) 24 (India) 7  (India) A+
SIBM Pune 1640 20 (India) 11 (India) - A++
SPJSGM Mumbai 1626 6 (India) -

-

-

SCMHRD Pune 1614 25 (India) - 4 (India) A++
BITSoM Mumbai 1604 28 (India) -

-

-

Note: Collegedunia score based on the summation of Academic and Placement scores. The academic scores are calculated based on the State exam Cutoff or the All India Entrance exam cutoff, along with Student reviews, NAAC, and Agency rankings, while the placement scores are calculated based on the Average Package or median package for that college.

Top Management Colleges in Maharashtra Video Review and Analysis

In this video, Sachin Pisar discussed the top Management colleges in Maharashtra. Covering various parameters like Placements, Packages, Fees, and some pros and cons of the colleges.

Overview of the video:

  • JBIMS Mumbai is one of the top MBA colleges in Maharashtra; it's a University Department - Autonomous College. It has an intake of 120 students per batch, including state and all-India candidates. It is known for its location and peaceful environment.
  • JBIMS Mumbai has the Highest Package of INR 87.12 LPA and the Median Package of INR 26.40 LPA.
  • SIMSREE is the second most popular MBA college in Maharashtra. It has an Intake of 180 students per batch, including state and all-India candidates.
  • SIMSREE has the highest package of INR 26.30 LPA and a Median package of INR 14.95 LPA.
  • Welingkar Mumbai is one of the top MBA colleges with a seat intake of 120 students per batch. The highest package in recent placements is INR 24 LPA.
  • Likewise, the reviewer mentioned the top 5 MBA colleges in Maharashtra and discussed their seat intake, Highest and Median packages, and top recruiters.

Student Ratings of Top Management Colleges in Maharashtra

These are student reviews on collegedunia across various parameters like Academics, Faculty, Infrastructure, Accommodation, Social Life, and Placement, which are compiled under one table on a scale of 5. BITSoM Mumbai, SPJIMR Mumbai, and SBM NMIMS Navi Mumbai are top-rated under Academics. Under Placements, JBIMS Mumbai and IIM Mumbai are top-rated colleges. Under Accommodation, SPJSGM Mumbai College is top-rated. Here is the list of student ratings for Management Colleges in Maharashtra 2025.

College name Academics Faculty Infrastructure Accomodation Social Life Placements
SPJIMR Mumbai 4.5 4.4 4.2 3.9 4.0 4.4
IIM Mumbai 4.3 4.2 4.3 4.2 4.3 4.7
TISS Mumbai 4.3 4.3 4.1 3.8 3.8 3.8
JBIMS Mumbai 4.6 4.5 3.8 3.3 4.2 4.7
SJMSOM Mumbai 4.5 4.3 4.7 4.1 4.5 4.5
SBM NMIMS Navi Mumbai 4.5 4.2 4.3 3.8 3.5 4.3
SIBM Pune 4.2 4.3 4.4 4.2 4.3 4.3
SPJSGM Mumbai 4.3 4.5 4.4 4.5 4.5 4.5
SCMHRD Pune 4.0 3.9 3.8 3.8 4.2 4.1
BITSoM Mumbai 5.0 - 4.5 4.0 - 4.5

Student Perception of Top Management Colleges in Maharashtra

Among the top-rated Management Colleges in Mumbai, BITSoM Mumbai leads with a 4.5 rating, praised for its placements and experienced faculty, while SJMSOM and SPJSGM also score high at 4.4, appreciated for faculty, pedagogy, and internships. IIM Mumbai and SPJIMR follow closely, known for strong placements and academic support, but face issues like infrastructure and campus congestion. JBIMS stands out for ROI and faculty guidance, but struggles with outdated infrastructure. Moderately rated institutes like TISS and SCMHRD Pune offer a well-rounded experience, but have areas such as diversity and hostel facilities needing attention.

College Name Overall Ratings Most Loved Things Areas of Improvement
SPJIMR Mumbai 4.2 (45)  Placement Process, Supportive Faculty, Affordable, Peaceful Environment. Restrooms, Sports Facilities, and Excessive Fines.
IIM Mumbai 4.3 (72)  Experienced Faculty, Curriculum, Placements, Live Projects, Campus College Timings, Hostel Maintenance, Food Quality, and Congested Campus.
TISS Mumbai 4 (84)  Peaceful Environment, Renowned Faculty, Decent Placements, Campus, Alumni Network, Top-notch Amenities. Lack of Funds, Compromised Diversity of Faculties, Fee Increment, and Location.
JBIMS Mumbai 4.2 (39)  Location, High Return on Investments, Pedagogy, Library with a huge collection of books, Guidance and support from experienced faculty. Limited Hostel accommodation, Old Infrastructure, Campus life can be improved, and Cultural events.
SJMSOM Mumbai 4.4 (28)  Events, Sports, Faculty, Campus, Placements, Teaching Pedagogy. Ad-hoc exam dates, Unaffordable fees, and Batch Size.
SBM NMIMS Navi Mumbai 4.1 (23)  Campus Life, Facilities, Placements, Curriculum, and Internships. No Garden, Small Campus, and Strict MBA.
SIBM Pune 4.3 (55)  Curriculum, Placements, Location, Career Services, Expert Faculty, Influential Alumni. Hostel Food, Trimester System, Far from the city.
SPJSGM Mumbai 4.4 (27)  Multinational Professors, Students from various regions, and Internships. Relative Grading
SCMHRD Pune 4.0 (127)  Infrastructure, Facilities, Fun-Filled Classes, Interactive sessions, Campus Life, Amenities. Small Campus, Mess timing and food, Hostel Restrictions.
BITSoM Mumbai 4.5 (1)  Placements, Top Recruiting Companies, Hostels, and Experienced Faculty NA

Top Management Colleges in Maharashtra: Highlights

Details Statistics
Total Colleges 1106 (MBA - 695)
Number of Govt Colleges 118 (MBA - 60)
Number of Private Colleges 956 (MBA - 616)
Top MBA College SPJIMR, IIM Mumbai, TISS Mumbai
Top MBA Specialisations General, Business Administration, Marketing, Finance.
Total Fees Range INR 77 K (TISS Mumbai) - INR 38.35 Lakh (SPJSGM Mumbai)
Average/Median Package INR 20 LPA (SBM NMIMS Navi Mumbai) - INR 36.29 LPA (SPJSGM Mumbai)
Highest Package INR 89 LPA (SPJIMR Mumbai)
Major Accepted Entrance Exam CAT, CMAT, XAT, MAT, MAHCET, ATMA, GMAT, NMAT, etc.

Best Government Management Colleges in Maharashtra

IIM Mumbai stood in 1st place with total course fees of INR 21 Lakh and followed by SJMSOM Mumbai with average course fees of INR 14.27 Lakh. In the table below, we have listed the top 10 Management Colleges of Maharashtra along with details regarding the College Name, Locality, Median Package, and Total Course Fees.

College Name Locality Placements Total Fees (INR)
IIM Mumbai Near Vihar Lake, Mumbai

Highest - INR 54 LPA

Median - INR 33 LPA

Average - INR 33.84 LPA

INR 21 Lakh
SJMSOM Mumbai Powai, Mumbai

Highest - INR 72 LPA

Average - INR 28 LPA

INR 14.27 Lakh
IIM Nagpur Dahegaon, Nagpur

Highest - INR 38.40 LPA

Average - INR 16.30 LPA

INR 21.5 Lakh
SIMSREE Mumbai Church Gate, Mumbai

Highest - INR 26.30 LPA

Average - INR 15.24 LPA

INR 1.53 Lakh
IIM Indore Navi Mumbai Powai, Mumbai

Highest Package - INR 1 CPA

Average - INR 25.68 LPA

INR 17.70 Lakh
NIBM Pune Kondhwa, Pune

Highest - INR 26.59 LPA

Average - INR 14.23 LPA

INR 14.76 Lakh
NICMAR University, Pune Baner, Pune

Highest - INR 25.09 LPA

Average - INR 9.25 LPA

INR 6.1 Lakh - INR 13.1 Lakh
Savitribai Phule Pune University Ganeshkhind, Pune

Highest - INR 16.22 LPA

Average - INR 9.40 LPA

INR 2.5 Lakh
COEP Pune Shivajinagar, Pune

Highest - INR 87 LPA

Average - INR 12 LPA

INR 2.1 Lakh - INR 5.93 Lakh
RTMNU, Nagpur Gokulpeth, Nagpur

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INR 1.8 Lakh

Best Private Management Colleges in Maharashtra

SPJIMR Mumbai, with course fees of INR 26.5 Lakh, stood in first place and followed by TISS Mumbai with course fees of INR 77 K. We have listed the top 10 private Management Colleges in the table below, along with the details regarding the fee structure, Median Package, and Locality.

College Name Locality Placements Total Fees (INR)
SPJIMR Mumbai Andheri West, Mumbai

Highest - INR 81 LPA

Median - INR 31.5 LPA

Average - INR 32 LPA

INR 26.50 Lakh
TISS Mumbai Govandi, Mumbai

Highest - INR 36. 25 LPA

Median - INR 8.98 LPA

INR 77 K
JBIMS Mumbai Churchgate, Mumbai

Highest - INR 87.12 LPA

Median - INR 26.4 LPA

INR 7 Lakh
SBM NMIMS Navi Mumbai Khargar, Navi Mumbai

Highest - INR 67.70 LPA

Average - INR 25.13 LPA

INR 21 Lakh - INR 25 Lakh
SIBM Pune Tal Mulshi, Pune

Highest - INR 49 LPA

Average - INR 28.16 LPA

INR 7.03 Lakh
SPJSGM Mumbai Kurla West, Mumbai

Highest - INR 78.09 LPA

Average - INR 36.29 LPA

INR 38.35 Lakh
SCMHRD Pune Hinjawadi, Pune

Highest - INR 38 LPA

Average - INR 24.28 LPA

INR 15.02 Lakh - INR 24.8 Lakh
BITSoM Mumbai Kalyan, Mumbai

Highest - INR 50 LPA

Average - INR 23.41 LPA

INR 28.55 Lakh
KJ Somaiya Ghatkopar East, Mumbai

Highest - INR 28 LPA

Median - INR 12 LPA

INR 22.32 Lakh
SIIB Pune Hinjiwadi, Pune

Highest - INR 24.65 LPA

Average - INR 13.51 LPA

INR 12.86 Lakh - INR 19.84 Lakh

Top Management Colleges in Maharashtra: Admission

MBA Colleges in Maharashtra accept marks obtained in exams like CAT, GMAT, XAT, and NMAT. Along with that, students must also obtain marks between 50% to 60%. In the table below, we have listed the Top 10 Management colleges in Maharashtra, along with the names of the exams they accept, Eligibility Criteria, and the latest cutoff.

College Name Entrance Exam Accepted Eligibility Criteria Cutoff (Latest)
SPJIMR Mumbai CAT, GMAT Bachelor’s degree with a Minimum of 50% aggregate. CAT - 85
IIM Mumbai CAT Bachelor’s degree with a Minimum of 50% aggregate. CAT - 50 - 97
TISS Mumbai CAT Bachelor’s degree with a Minimum Percentage.

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JBIMS Mumbai CAT, CMAT, MAH-MBA Bachelor’s degree with a Minimum of 50% aggregate. CAT - 96
SJMSOM Mumbai CAT Bachelor’s degree with a Minimum of 60% aggregate. CAT - 90
SBM NMIMS Navi Mumbai NMAT Bachelor’s degree with a Minimum of 50% aggregate. NMAT - 96
SIBM Pune SNAP Bachelor’s degree with a Minimum of 50% aggregate. SNAP - 97
SPJSGM Mumbai CAT, SPJAT Bachelor’s degree with a Minimum percentage.

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SCMHRD Pune SNAP Bachelor’s degree with a Minimum of 50% aggregate. SNAP - 97
BITSoM Mumbai CAT. Bachelor’s degree with a Minimum percentage. CAT - 94

Cheapest Management Colleges in Maharashtra

DSM-CACS Parbhani has the lowest fees for an MBA course in Maharashtra, with total course fees of INR 5 K. The table below shows the top 10 Management colleges in Maharashtra with the lowest fees.

Management Colleges in Maharashtra offering BBA/BMS

NMIMS, SPJSGM Mumbai, and NICMAR University are the top BBA/BMS Colleges in Maharashtra. Here is the list of BBA/BMS Colleges in Maharashtra.

College Name Entrance Exam Accepted Course fees
NMIMS Deemed to be University NPAT INR 21 Lakh
SPJSGM Mumbai SAT, SPJET, and ACT INR 1.27 Crore
NICMAR University, Pune UG-NCAT INR 19.85 Lakh
PUMBA BBM CET, OEE INR 2.1 Lakh
Universal AI University, Karjat UAiAT INR 8.94 Lakh - INR 11.94 Lakh
VPSM Navi Mumbai

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INR 19.59 Lakh
SICSR Pune SET INR 7.4 Lakh - INR 9.8 Lakh
NWIMSR Pune MAH-BBA, BMS-CET INR 1.15 Lakh
Amity Business School, Mumbai CUET-UG INR 12.16 Lakh
Alkesh Dinesh Mody Institute for Financial and Management Studies, Mumbai MAH-CET INR 55.4 K

Management Colleges in Maharashtra offering M.Phil/PhD in Management

Here is the list of the top Management colleges in Maharashtra that offer M.Phil/PhD in Management.

College Name Entrance Exams Accepted Course fees
SPJIMR, Mumbai GMAT, XAT, CAT, and UGC-NET INR 12 Lakh
IIM Mumbai CAT and GMAT INR 4.85 Lakh
TISS Tata Institute of Social Sciences, Mumbai RAT INR 1.28 Lakh
JBIMS Mumbai UGC NET, SET, and PET INR 48 K
SJMSOM Mumbai GATE, UGC-NET, and CAT INR 69 K
NMIMS Deemed to be University UGC-NET, SLET, and GATE INR 7.5 Lakh
SPJSGM Mumbai UGC-NET, and GATE INR 23.61 Lakh
IIM Nagpur CAT, GMAT, and GATE INR 10.5 Lakh
KJ Somaiya Institute of Management, Mumbai GATE, SET, and PET INR 1.73 Lakh
SIMS, Research and Entrepreneurship Education CAT, CMAT, and MH-CET INR 35.5 K

Management Colleges in Maharashtra offering BHM (Hospital) in Management

The table below shows BHM (Hospital) in management colleges in Maharashtra, along with their course fees.

College Name Course fees
GICED Mumbai INR 1.26 Lakh
UEI Global, Pune INR 3 Lakh
ITM Skills University, Navi Mumbai

-

OCSM, Pune INR 2.85 Lakh
IIBM Group of Institutes, Pune

-

Top Specialisations offered by Management Colleges in Maharashtra

General is the most popular field offered by Management colleges in Maharashtra. The other popular specializations offered are Finance, Marketing, and Operations MBA. The table below shows the list of the top specializations offered by Management Colleges in Maharashtra.

Top General MBA Colleges in Maharashtra

355 colleges in Maharashtra offer the MBA General Course. SPJIMR Mumbai stood at the top by offering the course for INR 26.5 Lakh

College Name Locality Total Fees (INR)
SPJIMR Mumbai Andheri West, Mumbai INR 26.5 Lakh
IIM Mumbai Near Vihar Lake, Mumbai INR 21 Lakh
TISS Mumbai Govandi, Mumbai INR 77.5 K
SJMSOM Mumbai Powai, Mumbai INR 14.27 Lakh
SBM NMIMS Navi Mumbai Kharghar, Mumbai INR 21 Lakh - INR 25 Lakh

Top MBA in Marketing Colleges in Maharashtra

274 colleges in Maharashtra offer the MBA Marketing Course. SBM NMIMS Navi Mumbai stood at the top by offering the course for INR 21 Lakh - INR 25 Lakh. Here is the list of top MBA colleges in Maharashtra that offer a Marketing MBA course. 

College Name Locality Total Fees (INR)
SBM NMIMS Navi Mumbai Kharghar, Mumbai INR 21 Lakh - INR 25 Lakh
SIBM Pune Tal Mulshi, Pune INR 25.1 Lakh
SCMHRD Pune Hinjawadi, Maharashtra INR 24.8 Lakh
Wellingkar Mumbai Matunga, Mumbai INR 8.62 Lakh
SIMS Pune Khadki, Pune INR 18.93 Lakh

Top MBA in Finance Colleges in Maharashtra

273 colleges in Maharashtra offer the MBA Finance Course. SJMSOM Mumbai stood at the top by offering the course for INR 14.27 Lakh. Here is the list of top MBA colleges in Maharashtra that offer a Finance MBA course. 

College Name Locality Total Fees (INR)
SJMSOM Mumbai Powai, Mumbai INR 14.27 Lakh
SBM NMIMS Navi Mumbai Kharghar, Mumbai INR 21 Lakh - INR 25 Lakh
SIBM Pune Tal Mulshi, Pune INR 25.1 Lakh
SCMHRD Pune Hinjawadi, Maharashtra INR 24.8 Lakh
Wellingkar Mumbai Matunga, Mumbai INR 8.62 Lakh

Top MBA Colleges in Maharashtra with Online MBA Program

Online MBA Colleges in Maharashtra are listed below, mainly the course duration ranging from 1 to 2 Years. 

College Name Course Fees (INR) Duration
SPJIMR, Mumbai INR 26.50 Lakh 2 Years
PIBM Pune INR 2.50 Lakh 2 Years
MITSDE Pune INR 82 K - INR 90 K 1 Year 9 Months
Welingkar Online, Mumbai INR 1.26 Lakh 1 Year 6 Months
MIT Centre for Future Skills Excellence, Pune - -
Talentedge, Mumbai INR 3 Lakh 1 Year

Top Management Colleges in Maharashtra with Executive MBA Program

Executive MBA Colleges in Maharashtra are listed below, along with their Course duration and Course Fees (INR). 

College Name Course Fees (INR) Duration
SPJIMR Mumbai INR 9.5 Lakh 2 Years
IIM Mumbai INR 15 Lakh 2 Years
SJMSOM Mumbai INR 42 Lakh 1 Year 6 Months
SIBM Pune INR 7.03 Lakh 2 Years
SPJSGM Mumbai INR 14.87 Lakh 1 Year 6 Months
SCMHRD Pune INR 6.32 Lakh 2 Years
IIMN Nagpur INR 9.7 Lakh 2 Years
KJ Somaiya Mumbai INR 12.37 Lakh 1 Year 3 Months
SDA Bocconi Asia Center, Mumbai INR 21 Lakh 1 Year
SIMS Pune INR 5.9 Lakh 2 Years 6 Months

Top Management Colleges in Maharashtra by University Affiliation

Savitribai Phule Pune University - [SPPU], Pune has 226 affiliated colleges, with the top colleges being VAMNICOM Pune, PIBM Pune. Here is the list of Universities and their count of affiliated colleges.

Management Colleges with Savitribai Phule Pune University - [SPPU], Pune in Mumbai

Savitribai Phule Pune University, Pune, has 169 MBA colleges under affiliation. VAMNICOM Pune, PIBM Pune are the top colleges. Here is the list of the top 10 Management colleges under SPPU Pune.

College Name Locality Total Fees
VAMNICOM Pune Ganeshkhind INR 9.26 Lakh
PIBM Pune Pirangut INR 2.50 Lakh
COEP Pune Shivajinagar Pune INR 2.10 Lakh
ISB&M Nande, Pune Pashan INR 12.20 Lakh
NWIMSR Pune Sangamvadi INR 2.94 Lakh
ISBS PGDM Pune Pimpri-Chinchwad INR 5.36 Lakh
Sanjivani College of Engineering, Ahmednagar Singnapur INR 3.65 Lakh
IIMP Pune Pimpri-Chinchwad INR 4.80 Lakh
SBS Erandwane, Pune Erandwane INR 3.19 Lakh
ICEM Pune Parandvadi INR 4.77 Lakh

Top Management colleges in Maharashtra: City-wise 

Pune is a popular city with 253 MBA colleges, and its top college is SIBM Pune. Here is the list of top cities with their count of colleges and the top college. 

City Name Count of Colleges Top College
Pune 253 SIBM Pune
Mumbai 129 SPJIMR Mumbai
Nagpur 67 IIMN Nagpur
Nashik 33 SIOM Nashik
Navi Mumbai 22 SBM NMIMS Navi Mumbai
Aurangabad 20 BAMU Aurangabad
Kolhapur 17 Bharati Vidyapeeth Deemed University Institute of MBA, Kolhapur
Ahmednagar 15 Sanjivani College of Engineering, Ahmednagar
Amravati 10 SGBAU Amravati
Wardha 10 GS College of Commerce, Wardha

Top Management colleges in Pune

  • Pune has 253 MBA colleges, among which SIBM Pune is the most popular MBA college offering the course for INR 17.92 Lakh - INR 25.1 Lakh.
  • Here is the list of the top 10 colleges in Pune, along with their locality and course fees.
College Name Locality Course Fees
SIBM Pune Tal Mulshi INR 17.92 Lakh - INR 25.1 Lakh
SCMHRD, Pune Hinjawadi INR 15.02 Lakh - INR 24.8 Lakh
SIIB Pune Hinjawadi INR 12.86 Lakh - INR 19.84 Lakh
NIBM Pune Kondhwa INR 14.76 Lakh
SIMS Pune Khadki INR 10.5 Lakh - INR 18.93 Lakh

Top Management colleges in Mumbai

  • Mumbai has 129 MBA colleges, among which SPJIMR Mumbai is the most popular MBA college offering the course for INR 26.5 Lakh.
  • Here is the list of the top 10 colleges in Mumbai, along with their locality and course fees.
College Name Locality Course Fees
SPJIMR Mumbai Andheri West, Mumbai INR 26.5 Lakh
IIM Mumbai Near Vihar Lake, Mumbai INR 21 Lakh
TISS Mumbai Govandi, Mumbai INR 77 K
JBIMS Mumbai Churchgate, Mumbai INR 7 Lakh
SJMSOM Mumbai Powai, Mumbai INR 14.27 Lakh

Top Management colleges in Nagpur

Nagpur has 67 MBA colleges, among which IIMN Nagpur is the most popular MBA college offering the course for INR 21.5 Lakh. Here is the list of the top 10 colleges in Nagpur, along with their locality and course fees.

College Name Locality Course Fees
IIMN Nagpur Dahegaon INR 21.5 Lakh
SIBM Nagpur Wathoda Layout INR 11.7 Lakh
IMT Nagpur Katol Road INR 15 Lakh
CIBMRD Nagpur Somalwada Square INR 2.72 Lakh
DMIMS Nagpur Pratap Nagar, INR 3 Lakh

Management Colleges in Maharashtra FAQs

Ques. Which are the top 5 MBA Colleges in Maharashtra?

Ans. The top 5 MBA colleges in Maharashtra, according to the rankings, are listed below.

  • SPJIMR Mumbai
  • IIM Mumbai
  • TISS Mumbai
  • JBIMS Mumbai
  • SJMSOM Mumbai

Ques. Which MBA Colleges in Maharashtra are exclusively for women?

Ans. There are 11 MBA colleges for women in Maharashtra. Here is the college name and location of the college, exclusively for women.

Ques. What are the eligibility criteria for enrolling in the top MBA Colleges in Maharashtra?

Ans. The minimum eligibility criteria for any MBA college is must have passed with a minimum of 50% marks in a Bachelor’s (usually varies based on reserved-category) with a valid score in National-level exams like CAT, CMAT, XAT, etc or any of the exams conducted by private institutions like SNAP, NMAT, etc.

Ques. Which are the most Popular entrance exams accepted by Top MBA colleges in Maharashtra?

Ans. The most popular entrance exams accepted by Top MBA colleges are listed below:

Exam Name Total number of colleges accepting the exam
MAHCET 343
CAT 250
CMAT 232
XAT 191
MAT 202
ATMA 147
GMAT 53
NMAT 27
SNAP 16
CUET PG 8
GRE 7

Ques. How many colleges provide a part-time MBA in Maharashtra?

Ans. Part-time MBA is a postgraduate business MBA program designed for working professionals who are seeking higher education while working. There are 42 colleges in Mumbai offering part-time MBA

Here are 5 colleges listed below:

  • SPJIMR Mumbai
  • SPMPLN Welingkar Institute of MBA, Mumbai
  • Pune Institute of Business MBA, Pune
  • GNIMS Mumbai
  • APIMR Pune

Ques. How many colleges are affiliated with the University of Mumbai?

Ans. University of Mumbai has 210 affiliated colleges, among which the Top colleges under Mumbai University are listed below, and further are listed in the table shown below:

  • JBIMS Mumbai
  • SPMP LN Welingkar Institute of MBA Development & Research, Mumbai
  • SIESSBS Mumbai

Ques. Which are the top MBA colleges in Maharashtra approved by AICTE and CRISIL?

Ans. There are 437 colleges approved by AICTE and 1 college approved by CRISIL.

Here is a list of MBA colleges in Mumbai that are approved by AICTE and CRISIL:

AICTE

  • SPJIMR Mumbai
  • JBIMS Mumbai
  • IIM Mumbai
  • SJMSOM Mumbai
  • SBM NMIMS Navi Mumbai
  • SIBM Pune
  • NIBM Pune
  • Welingar Mumbai
  • SIMS Pune
  • SIFTM Pune

CRISIL

  • NIEM The Institute of Event MBA, Mumbai
Sub Stream
Specialization
Type Of College
Entrance/Exam Accepted
Avg Fee Per Year
Course Type
Agency
Affliation
Approval
Course Duration
College Category
Gender Accepted

Found 1108 colleges

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CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#1

SPJIMR, Mumbai

Mumbai, Maharashtra |AICTE, NBA, AACSB, AMBA Approved
CD Score: 1947/2000
8,70,000Graduate Certificate in Management- Total FeesCompare Fees
Placement Score: 957/1000
4.2 / 5 Based on 45 User
Reviews
Best in Placements
#10th/370 in India 2025
agency logoagency logoagency logo+ 5 More
#2

IIM Mumbai - Indian Institute of Management, Mumbai

Mumbai, Maharashtra |AICTE Approved
CD Score: 1909/2000
21,00,000MBA/PGDM- Total FeesCompare Fees
Placement Score: 920/1000
4.3 / 5 Based on 72 User
Reviews
Best in Placements
#11th/370 in India 2025
agency logoagency logoagency logo+ 5 More
#3

TISS Tata Institute of Social Sciences, Mumbai

Mumbai, Maharashtra |UGC Approved
CD Score: 1863/2000
NAAC A
79,000MHA- 1st Year FeesCompare Fees
Placement Score: 875/1000
4 / 5 Based on 85 User
Reviews
Best in Academics
#12th/370 in India 2025
agency logoagency logoagency logo+ 4 More
#4

JBIMS Mumbai, Mumbai

Mumbai, Maharashtra |AICTE Approved
CD Score: 1774/2000
7,00,000MBA/PGDM- Total FeesCompare Fees
Placement Score: 789/1000
4.2 / 5 Based on 39 User
Reviews
Best in Placements
#10th/25 in India 2026
agency logoagency logoagency logo+ 3 More
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#5
CD Score: 1675/2000
3,94,250MBA/PGDM- 1st Year FeesCompare Fees
Placement Score: 692/1000
4.4 / 5 Based on 28 User
Reviews
Best in Infrastructure
#18th/370 in India 2025
agency logoagency logoagency logo+ 3 More
#6
CD Score: 1559/2000
NAAC A++
8,00,000MBA/PGDM- 1st Year FeesCompare Fees
Placement Score: 689/1000
4.1 / 5 Based on 1029 User
Reviews
Best in Academics
#19th/370 in India 2025
agency logoagency logoagency logo+ 4 More
#7
CD Score: 1545/2000
NAAC A++
3,56,500Executive MBA- 1st Year FeesCompare Fees
Placement Score: 680/1000
4.3 / 5 Based on 55 User
Reviews
Best in Infrastructure
#20th/370 in India 2025
agency logoagency logoagency logo+ 5 More
#8

SP Jain School of Global Management -[SPJSGM], Mumbai

Mumbai, Maharashtra |ACCA Approved
CD Score: 1467/2000
24,64,000BBA/BMS- 1st Year Fees
Placement Score: 622/1000
4.4 / 5 Based on 27 User
Reviews
Best in Faculty
#24th/370 in India 2025
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CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#9
CD Score: 1459/2000
NAAC A++
12,50,000MBA/PGDM- 1st Year FeesCompare Fees
Placement Score: 620/1000
4 / 5 Based on 127 User
Reviews
Best in Social Life
#16th/200 in India 2026
agency logoagency logoagency logo+ 3 More
#10
CD Score: 1437/2000
13,62,500MBA/PGDM- 1st Year Fees
Placement Score: 612/1000
4.5 / 5 Based on 1 User
Reviews
Best in Academics
#28th/370 in India 2025
#11

Indian Institute of Management - [IIMN], Nagpur

Nagpur, Maharashtra |MHRD, AACSB Approved
CD Score: 1387/2000
12,00,000MBA/PGDM- Total FeesCompare Fees
Placement Score: 579/1000
4.4 / 5 Based on 77 User
Reviews
Best in Faculty
#19th/25 in India 2026
agency logoagency logoagency logo+ 2 More
#12

KJ Somaiya Institute of Management, Mumbai

Mumbai, Maharashtra |UGC, AACSB Approved
CD Score: 1340/2000
10,77,200MBA/PGDM- 1st Year FeesCompare Fees
Placement Score: 554/1000
4 / 5 Based on 135 User
Reviews
Best in Infrastructure
#11th/200 in India 2026
agency logoagency logoagency logo+ 4 More
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#13
CD Score: 1335/2000
51,000MMS- 1st Year FeesCompare Fees
Placement Score: 552/1000
3.8 / 5 Based on 19 User
Reviews
Best in Placements
#62th/370 in India 2025
agency logoagency logoagency logo+ 3 More
#14
CD Score: 1322/2000
NAAC A++
12,28,300MBA/PGDM- 1st Year FeesCompare Fees
Placement Score: 545/1000
4.1 / 5 Based on 29 User
Reviews
Best in Social Life
#67th/370 in India 2025
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#15

SDA Bocconi Asia Center, Mumbai

Mumbai, Maharashtra |AACSB, AMBA Approved
CD Score: 1317/2000
20,75,000MBA/PGDM- Total FeesCompare Fees
Placement Score: 542/1000
3.9 / 5 Based on 3 User
Reviews
Best in Faculty
#69th/370 in India 2025
#16
CD Score: 1315/2000
17,60,000MBA/PGDM- Total Fees
Placement Score: 541/1000
--#70th/370 in India 2025
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#17

National Institute of Bank Management - [NIBM], Pune

Pune, Maharashtra |AICTE, NBA Approved
CD Score: 1312/2000
7,44,000MBA/PGDM- 1st Year FeesCompare Fees
Placement Score: 539/1000
4.3 / 5 Based on 19 User
Reviews
Best in Academics
#71th/370 in India 2025
agency logoagency logoagency logo+ 1 More
#18
CD Score: 1304/2000
1,26,000MBA/PGDM- Total Fees
Placement Score: 535/1000
4 / 5 Based on 182 User
Reviews
Best in Academics
#17th/200 in India 2026
agency logoagency logoagency logo+ 5 More
#19
CD Score: 1299/2000
NAAC A++
9,56,600MBA/PGDM- 1st Year FeesCompare Fees
Placement Score: 533/1000
4.1 / 5 Based on 24 User
Reviews
Best in Social Life
#76th/370 in India 2025
agency logoagency logoagency logoMore
#20
CD Score: 1289/2000
8,25,000MBA/PGDM- 1st Year Fees
Placement Score: 527/1000
4.5 / 5 Based on 62 User
Reviews
Best in Infrastructure
#68th/200 in India 2026
agency logoagency logoagency logo+ 1 More
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#21

Symbiosis Institute of Operations Management - [SIOM], Nashik

Nashik, Maharashtra |AICTE, NBA Approved
CD Score: 1284/2000
NAAC A++
9,25,000MBA/PGDM- 1st Year FeesCompare Fees
Placement Score: 524/1000
4.3 / 5 Based on 15 User
Reviews
Best in Academics
#13th/200 in India 2026
agency logoagency logoagency logo+ 3 More
#22

Symbiosis Institute of Business Management - [SIBM], Nagpur

Nagpur, Maharashtra |AICTE, NBA Approved
CD Score: 1281/2000
NAAC A++
8,76,000MBA/PGDM- 1st Year Fees
Placement Score: 523/1000
4.2 / 5 Based on 83 User
Reviews
Best in Faculty
#83th/370 in India 2025
#23

Institute of Management Technology - [IMT], Nagpur

Nagpur, Maharashtra |AICTE, NBA, AIU, AACSB Approved
CD Score: 1276/2000
8,53,000MBA/PGDM- 1st Year FeesCompare Fees
Placement Score: 520/1000
4.2 / 5 Based on 121 User
Reviews
Best in Social Life
#85th/370 in India 2025
agency logoagency logoagency logo+ 4 More
#24
CD Score: 1227/2000
NAAC A++
7,70,000MBA/PGDM- 1st Year Fees
Placement Score: 494/1000
4.1 / 5 Based on 21 User
Reviews
Best in Academics
#57th/200 in India 2026
agency logoagency logoagency logo+ 3 More
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#25

NICMAR University, Pune

Pune, Maharashtra |AICTE, UGC Approved
CD Score: 1222/2000
7,10,000MBA/PGDM- Total FeesCompare Fees
Placement Score: 492/1000
4.2 / 5 Based on 37 User
Reviews
Best in Social Life
#106th/370 in India 2025
agency logoagency logoMore
#26

SIES College of Management Studies - [SIESCOMS], Navi Mumbai

Navi Mumbai, Maharashtra |AICTE, NBA Approved
CD Score: 1220/2000
NAAC B++
2,48,000MMS- 1st Year Fees
Placement Score: 490/1000
3.6 / 5 Based on 2 User
Reviews
Best in Placements
#29th/200 in India 2026
agency logoagency logoagency logo+ 1 More
#27
CD Score: 1217/2000
NAAC A
1,50,233MBA/PGDM- 1st Year FeesCompare Fees
Placement Score: 489/1000
4.1 / 5 Based on 31 User
Reviews
Best in Academics
#108th/370 in India 2025
#28

ITM Business School Kharghar - [ITM], Navi Mumbai

Navi Mumbai, Maharashtra |AICTE, NBA Approved
CD Score: 1214/2000
12,45,000MBA/PGDM- Total FeesCompare Fees
Placement Score: 488/1000
4 / 5 Based on 116 User
Reviews
Best in Academics
#109th/370 in India 2025
agency logoagency logoagency logo+ 3 More
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#29

Symbiosis School of Banking and Finance - [SSBF], Pune

Pune, Maharashtra |AICTE, UGC Approved
CD Score: 1204/2000
NAAC A++
6,55,250MBA/PGDM- Total Fees
Placement Score: 482/1000
4.4 / 5 Based on 13 User
Reviews
Best in Infrastructure
#113th/370 in India 2025
agency logoagency logoagency logo+ 1 More
#30

SIES School of Business Studies - [SIESSBS], Mumbai

Mumbai, Maharashtra |AICTE Approved
CD Score: 1189/2000
NAAC B++
3,00,000MBA/PGDM- Total FeesCompare Fees
Placement Score: 474/1000
3.8 / 5 Based on 37 User
Reviews
Best in Academics
#26th/200 in India 2026
agency logoagency logoagency logo+ 1 More