MBA Colleges in Aurangabad Based on 2025 Ranking

Sushil Pandey's profile photo

Sushil Pandey

Senior Content Specialist | Updated on - Nov 4, 2025

There are 20 MBA colleges in Aurangabad. These include 17 Private colleges, 3 Public colleges, offering Full Time, Part Time programs. 14 of these colleges are approved by AICTE , 6 by NBA. MBA in top colleges in Aurangabad is offered in multiple fields such as Human Resources Management, Finance, General, Marketing, Information Technology. Best MBA Colleges in Aurangabad include BAMU, Deogiri Institute of Engineering and Management Studies Aurangabad, International Center of Excellence in Engineering & Management Aurangabad, Shreeyash College of Engineering and Technology Aurangabad, MIT Aurangabad.

  • MBA Admission 2025 at Colleges in Aurangabad is based on MAHCET, CMAT, CAT, MAT, XAT.
  • The total fee for MBA colleges in Aurangabad ranges from INR 6,704 to INR 2.79 Lakhs, depending upon the college.
  • MBA colleges in Aurangabad with low fees include S.B.E.S. College of Arts and Commerce Aurangabad, Department of Management Science, Dr. Babasaheb Ambedkar Marathwada University Aurangabad, MGM Institute of Management & Research Aurangabad, Shreeyash College of Engineering and Technology Aurangabad, Millenium Institute Of Management Aurangabad, BAMU, Foster Development School of Management Aurangabad, Marathwada Institute of Management and Research Aurangabad, Deogiri Institute of Engineering and Management Studies Aurangabad, Shri Sai Institute Of Management & Research Aurangabad.
  • Based on the latest placement statistics, the average package at top MBA colleges in Aurangabad ranges from INR 1.5 LPA to INR 5 LPA.

Table of Content

  1. Top MBA Colleges in Aurangabad Highlights
  2. Top MBA Colleges in Aurangabad 2025
  3. Top MBA Colleges in Aurangabad Rankings
  4. Top MBA Colleges in Aurangabad by NAAC Rating
  5. Top MBA Colleges in Aurangabad based on Student Reviews
  6. Top MBA Government Colleges in Aurangabad 2025
  7. Top MBA Private Colleges in Aurangabad 2025
  8. Top MBA Colleges in Aurangabad: Admission 2025
  9. Top Specialisations offered by MBA Colleges in Aurangabad 2025
  10. Top MBA Colleges in Aurangabad with Low Fees 2025
  11. Top MBA Colleges Near Aurangabad 2025

Top MBA Colleges in Aurangabad Highlights

Details Statistics
Total Colleges 20
Number of Govt Colleges 3
Number of Private Colleges 17
Top MBA College BAMU , Deogiri Institute of Engineering and Management Studies Aurangabad , International Center of Excellence in Engineering & Management Aurangabad , Shreeyash College of Engineering and Technology Aurangabad , MIT Aurangabad
Top MBA Specialisations Human Resources Management, Finance, General, Marketing, Information Technology
Total Fees Range INR 6,704 (S.B.E.S. College of Arts and Commerce Aurangabad) - INR 2.79 Lakhs (MGMU)
Average/Median Package INR 1.5 LPA () - INR 5 LPA (MGM University, School of Photography Aurangabad)
Highest Package INR 1.8 LPA(Shreeyash Polytechnic Aurangabad) - INR 24 LPA (Shreeyash College of Engineering and Technology Aurangabad)
Major Accepted Entrance Exam MAHCET, CMAT, CAT, MAT, XAT

Top MBA Colleges in Aurangabad 2025

The following table highlights the list of the top 10 MBA Colleges in Aurangabad along with total course fees.

College Name Locality Total Fees (INR)
BAMU Bangalore-Chittur Road, Mulbagal 1.2 Lakhs
Deogiri Institute of Engineering and Management Studies Aurangabad Railway Station Road 1.55 Lakhs
International Center of Excellence in Engineering & Management Aurangabad University 1.64 Lakhs
Shreeyash College of Engineering and Technology Aurangabad Satara Tanda, Gut No- 258(P), P.O. BOX- 586, 83,000
MIT Aurangabad Beed Bypass Road 1.8 Lakhs
Foster Development School of Management Aurangabad Plot No. N-S-1, 14, E-Sector, Shivaji Nagar, Garkheda Parisar 1.4 Lakhs
Marathwada Institute of Management and Research Aurangabad Gut No. 166, Deolai Satara Link Road, Opp. Mahada Colony, Satara Parisar, Beed By Pass Road<br> India 1.44 Lakhs
Department of Management Science, Dr. Babasaheb Ambedkar Marathwada University Aurangabad Dr. Babasaheb Ambedkar Marathwada University Campus<br> India 75,693
Rajarshi Shahu Institute Of Management Aurangabad P-75 , Behind Garware Polyesters, M.I.D.C Chikalthana<br> India 1.84 Lakhs
Shri Sai Institute Of Management & Research Aurangabad Plot No.P.75, Behind Garware Polyster, Chikalthana, M.I.D.C.<br> India 1.6 Lakhs

Top MBA Colleges in Aurangabad: Rankings

College Name Ranking
Deogiri Institute of Engineering and Management Studies Aurangabad
135 out of 200 in India in 2026 (Outlook)
135 out of 200 in India in 2025 (Outlook)
139 out of 200 in India in 2024 (Outlook)
Marathwada Institute of Management and Research Aurangabad
131 out of 200 in India in 2024 (Outlook)
134 out of 200 in India in 2023 (Outlook)

Top MBA Colleges in Aurangabad by NAAC Rating

NAAC or the National Assessment and Accreditation Council, assesses and accredits colleges and universities in India with grades like A++, A+, A, B++, B+, B, and C. The table below lists the top MBA Colleges in Aurangabad based on NAAC grade.

Top MBA Colleges in Aurangabad based on Student Reviews

Collegedunia is a platform with over 4 lakhs student reviews. These reviews offer authentic feedback on academics, faculty, infrastructure, placements, and more. Candidates can check top MBA Colleges in Aurangabad based on the ratings given by students in the table below.

Top MBA Colleges in Aurangabad based on Student Review Count

Top MBA Colleges in Aurangabad based on Student Review Rating

College Name Student Review Rating
Maulana Azad College Aurangabad 9/10 (Based on 1 Reviews)
Shreeyash College of Engineering and Technology Aurangabad 8.92/10 (Based on 2 Reviews)
BAMU 8.81/10 (Based on 3 Reviews)
MGMU 8.67/10 (Based on 1 Reviews)
Maharashtra Institute of Technology 8.33/10 (Based on 1 Reviews)
Department of Management Science, Dr. Babasaheb Ambedkar Marathwada University Aurangabad 8.17/10 (Based on 1 Reviews)
Deogiri Institute of Engineering and Management Studies Aurangabad 8.17/10 (Based on 2 Reviews)
MGM Institute of Management & Research Aurangabad 7.9/10 (Based on 5 Reviews)
Institute of Aircraft Maintenance Engineering Aurangabad 7.38/10 (Based on 1 Reviews)
Millenium Institute Of Management Aurangabad 7.33/10 (Based on 3 Reviews)

Top MBA Government Colleges in Aurangabad 2025

College Name Locality Total Fees (INR)
BAMU Bangalore-Chittur Road, Mulbagal 1.2 Lakhs
Deogiri College Aurangabad Railway Station Road, Padampura 1.92 Lakhs
Vivekanand Arts, Sardar Dalip Singh Commerce and Science College Aurangabad Smartha Nagar<br> India -

Top MBA Private Colleges in Aurangabad 2025

College Name Locality Total Fees (INR)
Deogiri Institute of Engineering and Management Studies Aurangabad Railway Station Road 1.55 Lakhs
International Center of Excellence in Engineering & Management Aurangabad University 1.64 Lakhs
Shreeyash College of Engineering and Technology Aurangabad Satara Tanda, Gut No- 258(P), P.O. BOX- 586, 83,000
MIT Aurangabad Beed Bypass Road 1.8 Lakhs
Foster Development School of Management Aurangabad Plot No. N-S-1, 14, E-Sector, Shivaji Nagar, Garkheda Parisar 1.4 Lakhs
Marathwada Institute of Management and Research Aurangabad Gut No. 166, Deolai Satara Link Road, Opp. Mahada Colony, Satara Parisar, Beed By Pass Road<br> India 1.44 Lakhs
Department of Management Science, Dr. Babasaheb Ambedkar Marathwada University Aurangabad Dr. Babasaheb Ambedkar Marathwada University Campus<br> India 75,693
Rajarshi Shahu Institute Of Management Aurangabad P-75 , Behind Garware Polyesters, M.I.D.C Chikalthana<br> India 1.84 Lakhs
Shri Sai Institute Of Management & Research Aurangabad Plot No.P.75, Behind Garware Polyster, Chikalthana, M.I.D.C.<br> India 1.6 Lakhs
Shreeyash Institute of Management Aurangabad Gut No. 258(P), Satara Tanda<br> India 1.66 Lakhs

Top MBA Colleges in Aurangabad: Admission 2025

Admission to top MBA Colleges in Aurangabad is offered based on MAHCET, CMAT, CAT, MAT, XAT.

Exam Name Number of Colleges Dates
MAHCET 13 -
CMAT 7
registration (17 October - 17 Nov 2025)
CAT 7
admit card (5 November 2025)
MAT 7 -
XAT 6
registration (10 July - 5 Dec 2025)

Top Specialisations offered by MBA Colleges in Aurangabad 2025

Human Resources Management is the most popular field offered by MBA colleges in Aurangabad. the other popular specializations offered are Financeand Generaland Marketing, offered by 10, 10, 10, colleges respectively. The table below shows the list of the top specializations offered by MBA Colleges in Aurangabad.

Top MBA Human Resources Management Colleges in Aurangabad

College Name Locality Total Fees (INR)
International Center of Excellence in Engineering & Management Aurangabad University 1.64 Lakhs
Shreeyash College of Engineering and Technology Aurangabad Satara Tanda, Gut No- 258(P), P.O. BOX- 586, 83,000
Foster Development School of Management Aurangabad Plot No. N-S-1, 14, E-Sector, Shivaji Nagar, Garkheda Parisar 1.4 Lakhs
Rajarshi Shahu Institute Of Management Aurangabad P-75 , Behind Garware Polyesters, M.I.D.C Chikalthana<br> India 1.84 Lakhs
Shri Sai Institute Of Management & Research Aurangabad Plot No.P.75, Behind Garware Polyster, Chikalthana, M.I.D.C.<br> India 1.6 Lakhs

Top MBA Finance Colleges in Aurangabad

College Name Locality Total Fees (INR)
International Center of Excellence in Engineering & Management Aurangabad University 1.64 Lakhs
Shreeyash College of Engineering and Technology Aurangabad Satara Tanda, Gut No- 258(P), P.O. BOX- 586, 83,000
Foster Development School of Management Aurangabad Plot No. N-S-1, 14, E-Sector, Shivaji Nagar, Garkheda Parisar 1.4 Lakhs
Rajarshi Shahu Institute Of Management Aurangabad P-75 , Behind Garware Polyesters, M.I.D.C Chikalthana<br> India 1.84 Lakhs
Shri Sai Institute Of Management & Research Aurangabad Plot No.P.75, Behind Garware Polyster, Chikalthana, M.I.D.C.<br> India 1.6 Lakhs

Top MBA General Colleges in Aurangabad

College Name Locality Total Fees (INR)
BAMU Bangalore-Chittur Road, Mulbagal 1.2 Lakhs
Deogiri Institute of Engineering and Management Studies Aurangabad Railway Station Road 1.55 Lakhs
MIT Aurangabad Beed Bypass Road 1.8 Lakhs
Marathwada Institute of Management and Research Aurangabad Gut No. 166, Deolai Satara Link Road, Opp. Mahada Colony, Satara Parisar, Beed By Pass Road<br> India 1.44 Lakhs
Department of Management Science, Dr. Babasaheb Ambedkar Marathwada University Aurangabad Dr. Babasaheb Ambedkar Marathwada University Campus<br> India 75,693

Top MBA Colleges in Aurangabad with Low Fees 2025

S.B.E.S. College of Arts and Commerce Aurangabad has the lowest fees for MBA in Aurangabad with total course fees of INR 6,704. The table below shows top 10 MBA colleges in Aurangabad with the lowest fees.

Top MBA Colleges Near Aurangabad 2025

Besides 20 MBA Colleges Near Aurangabad, there are multiple other colleges within 100 km of the city. We have listed the best MBA colleges near Aurangabad with their fees in the table below.

College Name Area Distance From Aurangabad Course Fees
IIM Bodh Gaya Uruvela, Prabandh Vihar<br> India 65.96 Km 15.75 Lakhs
Gaya College Rampur 65.96 Km 1.25 Lakhs
Magadh University Gaya Gaya-Dobhi Road 65.96 Km 1.6 Lakhs
Zevient Institute of Management Gaya Mahadev Nagar, Near Oxbridge Campus<br> India 65.96 Km 3.5 Lakhs

Sub Stream
Specialization
Program Type
Type Of College
Entrance/Exam Accepted
Avg Fee Per Year
Course Type
Agency
Affliation
Approval
Course Duration
Gender Accepted

Found 20 colleges

Sort By
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#1

Dr Babasaheb Ambedkar Marathwada University - [BAMU], Aurangabad

Aurangabad, Maharashtra |UGC, NBA Approved
NAAC A+
60,231MBA/PGDM- 1st Year FeesCompare Fees-- 3.7 / 5 Based on 754 User
Reviews
Best in Academics
--
#2
NAAC A
1,55,000MBA/PGDM- total fees 3.7 / 5 Based on 70 User
Reviews
Best in Academics
#135th/200 in India 2026
agency logoagency logoMore
#3
NAAC B
1,64,000MBA/PGDM- total fees-- 3.5 / 5 Based on 2 User
Reviews
--
#4
83,000MBA/PGDM- total fees 3.7 / 5 Based on 23 User
Reviews
Best in Academics
--
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#5
NAAC B+
1,80,000MBA/PGDM- total fees-- 3.7 / 5 Based on 45 User
Reviews
Best in Academics
--
#6

Foster Development School of Management - [FDSM], Aurangabad

Aurangabad, Maharashtra |AICTE Approved
1,40,000MBA/PGDM- total fees------
#7
NAAC C
1,44,000MBA/PGDM- total fees----#131th/200 in India 2024
#8
25,231MBA/PGDM- 1st Year Fees-- 3.1 / 5 Based on 4 User
Reviews
Best in Infrastructure
--
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#9

Rajarshi Shahu Institute Of Management - [RSIM], Aurangabad

Aurangabad, Maharashtra |AICTE Approved
NAAC C
97,000MBA/PGDM- 1st Year Fees------
#10
80,000MBA/PGDM- 1st Year Fees------
#11

Shreeyash Institute of Management - [SIM], Aurangabad

Aurangabad, Maharashtra |AICTE Approved
1,66,000MBA/PGDM- total fees------
#12

Deogiri College, Aurangabad

Aurangabad, Maharashtra |UGC Approved
NAAC A++
96,034MBA/PGDM- 1st Year Fees-- 3.8 / 5 Based on 135 User
Reviews
Best in Academics
--
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#13

MGM Institute of Management & Research - [MGM IOM & R], Aurangabad

Aurangabad, Maharashtra |AICTE, COA, UGC, NBA Approved
NAAC A
1,70,000MBA/PGDM- 1st Year Fees 4.1 / 5 Based on 9 User
Reviews
Best in Infrastructure
#150th/200 in India 2026
agency logoagency logoMore
#14

Maharashtra Institute of Technology - [MIT], Aurangabad

Aurangabad, Maharashtra |AICTE, NBA Approved
NAAC A
98,434MBA/PGDM- 1st Year Fees 3.9 / 5 Based on 110 User
Reviews
Best in Academics
--
#15
NAAC A
--MBA/PGDM-- 3.7 / 5 Based on 17 User
Reviews
Best in Academics
--
#16

Maulana Azad College, Aurangabad

Aurangabad, Maharashtra 
--MBA/PGDM-- 4.1 / 5 Based on 20 User
Reviews
Best in Faculty
--
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#17
6,704MBA/PGDM- total fees-- 3.7 / 5 Based on 15 User
Reviews
--
#18

Millenium Institute Of Management, Aurangabad

Aurangabad, Maharashtra |AICTE Approved
50,000MBA/PGDM- 1st Year Fees-- 3.7 / 5 Based on 3 User
Reviews
--
#19
--MBA/PGDM------
#20

MGM University - [MGMU], Aurangabad

Aurangabad, Maharashtra |AICTE, COA, UGC, NBA Approved
NAAC A
1,70,000MBA/PGDM- 1st Year Fees 4 / 5 Based on 189 User
Reviews
Best in Infrastructure
--