MBA Colleges in Aurangabad Based on 2024 Ranking

Sushil Pandey's profile photo

Sushil Pandey

Senior Content Specialist

The top MBA colleges in Aurangabad include IIM Bodh Gaya (Near Aurangabad), MIT School of Management, MGM Institute of Management, and Dr. Babasaheb Ambedkar Marathwada University. Aurangabad is home to a total of 16 MBA colleges, consisting of 12 private and 4 public institutions. Most of these MBA colleges in Aurangabad are affiliated with Dr. Babasaheb Ambedkar Marathwada University.

  • Marathwada Institute of Management and Research is recognized as top MBA colleges in Aurangabad, known for its academic excellence and industry exposure. The institute is ranked 134 in the Outlook rankings for 2023.
  • MGM Institute of Management & Research and Deogiri Institute of Engineering and Management Studies is among the top 10 MBA colleges in Aurangabad, providing quality education and opportunities for students to develop managerial skills. 
  • The admission process for most of the MBA colleges in Aurangabad is based on entrance exams like CAT, CMAT, or MAH-CET, followed by GD/PI rounds. Only a few colleges offer direct admission.
  • The top Government MBA Colleges in Aurangabad are Dr. Babasaheb Ambedkar Marathwada University, Marathwada Institute of Management and Research, and Government College of Engineering.
  • The top private MBA colleges in Aurangabad include the MIT School of Management, and MGM Institute of Management, known for their distinguished faculty and modern infrastructure.
  • The MBA fees at the best colleges in Aurangabad range from INR 1,50,000 to INR 9,00,000 annually.
  • The leading MBA colleges in Aurangabad provide attractive placement packages, with the average CTC offered to students ranging between INR 5,00,000 and INR 12,00,000.

MBA Colleges in Aurangabad: Important Dates

For students aspiring to pursue their MBA in Aurangabad, staying updated on the critical dates associated with the admission process is essential. Here is a list of months of important exams: 

Exam Name Exam Dates
CAT (Common Admission Test) November or December 2023
XAT (Xavier Aptitude Test) January 2024
MAT (Management Aptitude Test) Conducted multiple times in a year, typically in February, May, September, and December
CMAT (Common Management Admission Test) January or February 2024

MBA Colleges in Aurangabad: Highlights Table

The table below lists some key highlights of MBA Colleges in Aurangabad.

Parameters Statistics
No. of Colleges 16
Fees INR 50,000 – INR 12,00,00
Specializations
  • Human Resources
  • Finance
  • Sales and Marketing
  • Operations
  • IT and Systems
Admission Process On the basis of entrance exams, such as CAT, XAT, MAT, or CMAT.

Top 10 Colleges MBA Colleges in Aurangabad

When it comes to pursuing a Master of Business Administration (MBA) degree, Aurangabad offers a range of esteemed colleges that provide excellent opportunities for students to enhance their business acumen and leadership skills. Here is a list of the top 10 MBA colleges in Aurangabad with seat intake. Check the list of top 10 MBA Colleges in India

College Name Seat Intake
MGM Institute of Management & Research 120
Marathwada Institute of Management and Research 60
Deogiri Institute of Engineering and Management Studies 180
IIM Bodh, Gaya 180
Nath School of Business and Technology 60
Maulana Azad College 60
S.B.E.S. College of Arts and Commerce 120
Shreeyash College of Engineering and Technology 68
Millenium Institute Of Management 240
Vivekanand Arts, Sardar Dalip Singh Commerce and Science College 60

MBA Colleges in Mysore: Ranking 

Every year, various ranking agencies release the list of top colleges in India for different domains. These rankings are based on different parameters. The top factors for ranking include Education Quality, Perception of the University, Placements, Infrastructure, and Research Support. Check the Ranking of Top MBA Colleges in India

NIRF Ranking is one of the most trusted Ranking agencies in India. It is under the Ministry of Education. NIRF has ranked around 125 MBA colleges in India. IIM Ahmedabad is ranked 1st as the best MBA college in India. Unfortunately, NIRF has not ranked any MBA college from Aurangabad.

MBA Colleges in Aurangabad with Outlook Ranking 2023

Outlook or Outlook ICARE Ranking is one of the most trusted private Ranking agencies in India. Each year it publishes a list for ranking of top institutions of different domains. Outlook ranks an Institute based on different parameters such as placement records, Education quality, etc. The graph depicted below is showing the weightage of these parameters used for the ranking of top MBA colleges in Aurangabad:

MBA Colleges in Aurangabad with Outlook Ranking

Here are some of the top-ranked colleges with their Outlook Ranking that you can consider for MBA. 

Outlook Ranking 2023 College Name
134 Marathwada Institute of Management and Research
142 Deogiri Institute of Engineering and Management Studies
157 MGM Institute of Management & Research

MBA Colleges in Aurangabad Fees

Aurangabad, a city known for its educational institutions, offers a range of MBA colleges with varying fee structures. The fees charged by these colleges play a significant role in determining the affordability and accessibility of an MBA program. Here is a list of MBA Colleges. Check the Top 10 MBA Colleges in India with Fees Structure

College Name Total Course Fee (INR)
Shri Sai Institute Of Management & Research 1,60,000
Rajarshi Shahu Institute Of Management 1,86,000
MGM Institute of Management & Research - [MGM IOM & R], Aurangabad 2,50,000
Rajarshi Shahu Institute Of Management 1,86,000
Foster Development School of Management 1,55,000
Deogiri Institute of Engineering and Management Studies 1,62,000

MBA Colleges in Aurangabad with Low Fees

There are several advantages to choosing MBA colleges in Aurangabad with low fees. Low fees make education more accessible to a larger number of aspiring students, especially those who may have financial constraints. This opens up opportunities for individuals from diverse backgrounds to pursue an MBA and gain valuable business knowledge and skills. Low fees also reduce the financial burden on students, alleviating the stress associated with managing high tuition costs and allowing them to focus more on their studies.

Listed below are the top MBA Colleges in Aurangabad with low fees.

College Name Total Course Fee (INR)
Millenium Institute Of Management, Aurangabad 1,00,000
S.B.E.S. College of Arts and Commerce, Aurangabad 13,408

Private MBA Colleges in Aurangabad

Private MBA colleges offer several features and advantages over government colleges. They often have a more flexible and industry-oriented curriculum that prepares students for the dynamic business environment. Private colleges also tend to have better industry connections, providing students with enhanced networking opportunities and access to internships and placements. Check the top private MBA colleges in India

College Name Total Course Fee (INR)
MGM Institute of Management and Research 2,67,000
Deogiri Institute of Engineering and Management Studies 1,62,000
Maharashtra Institute of Technology 12,00,000
Shreeyash College of Engineering and Technology 1,34,000
Rajarshi Shahu Institute of Management 1,86,000

MBA Government Colleges in Aurangabad

The Government MBA colleges in Aurangabad offer several advantages over private colleges. These government institutions are funded and administered by the government, ensuring a certain level of quality education. They have experienced faculty members and a well-established infrastructure. Moreover, government colleges often have lower tuition fees compared to private colleges, making them more affordable for students. Check the top government MBA colleges in India

College Name Total Course Fee (INR)
Dr Babasaheb Ambedkar Marathwada University 1,20,000
Sachchidanand Sinha College 67,580
Dr Babasaheb Ambedkar Technological University 1,08,000
Marathwada Institute of Management and Research 1,16,000

MBA Colleges in Aurangabad: Admission Process 2023

Admissions to the top MBA colleges in Aurangabad are primarily based on entrance exam scores, followed by a selection process involving group discussions and personal interviews. While some colleges accept scores from national-level exams like CAT, MAT, or XAT, others conduct their entrance exams, providing students with multiple avenues to secure admission. There are 19 MBA Colleges in Aurangabad, of which 17 are Private and 2 are Government colleges.

MBA Colleges in Aurangabad: Admission Process

The selection process of most institutes involves screening students based on their entrance exam scores, academic performance, and work experience. Shortlisted candidates are then required to participate in a Written Ability Test (WAT), Group Discussion (GD), and a Personal Interview (PI). Following these evaluations, the respective B-schools generate a merit list to finalize the admissions.

MBA Colleges in Aurangabad Eligibility

The eligibility criteria for MBA colleges in Aurangabad generally include the following: 

  • Bachelor's degree from a recognized university or institution. Minimum percentage requirement (usually around 50% to 60%). 
  • Qualifying scores in entrance exams such as CAT, MAT, XAT, CMAT, or state-specific exams. 
  • Please note that specific eligibility criteria may vary among colleges, so it is advisable to check with individual institutions for detailed information.

MBA Colleges in Aurangabad: Entrance Exam wise

MBA colleges in Aurangabad consider different entrance exams for admission. Some of the prominent entrance exams accepted by MBA colleges in Aurangabad include CAT (Common Admission Test), MAT (Management Aptitude Test), XAT (Xavier Aptitude Test), and MH-CET (Maharashtra Common Entrance Test).

MBA Colleges in Aurangabad: Entrance Exam wise

MBA Colleges in Aurangabad without Entrance Exam

MBA Colleges in Aurangabad offering admission without entrance exams provide an opportunity for students to pursue their MBA/PGDM programs based on other selection criteria. These colleges consider factors such as academic performance, work experience, and personal interviews during the admission process. Here is the list of the colleges that offers admission without the Entrance exam. Check outTop MBA Colleges in India without Entrance exams

College Name Total Course Fees (INR)
Rajarshi Shahu Institute of Management 3,12,000
Shri Shivaji Vidya Prasarak Sanstha Bapusaheb Shivajirao Deo 3,40,000
Shreeyash Institute of Management 3,28,000
Foster Development School of Management 1,34,940
G. S. Mandals Maharashtra Institute of Technology 3,07,200
Dr Babasaheb Ambedkar Marathwada University 60,231

MBA Colleges in Aurangabad Placements 2023

Aurangabad boasts a commendable placement record for MBA/PGDM graduates, with an average package of INR 6,00,000 and the highest package reaching INR 10,00,000. The university attracts a range of top companies, including ICICI, HDFC, Sokada, Clover Infotech, Axis Bank, Capgemini, and, Asai Glass Gurgaon, among others. The placement records vary across colleges, with some institutes consistently achieving high placement percentages. Check Top MBA Colleges in India Placement-wise

MBA Colleges in Aurangabad Placements
List of MBA Colleges in Top Cities in India
Mumbai Pune
Ahmedabad Bangalore
Delhi NCR Hyderabad
Indore Jaipur
Kolkata Chennai

MBA Colleges in Aurangabad: FAQs

Ques. What are the fees for MBA in Aurangabad?

Ans. The fees for MBA in Aurangabad vary across colleges, but on average, it ranges from INR 2 LPA to INR 6 LPA.

Ques. What is the salary after MBA in Aurangabad?

Ans. The salary after MBA in Aurangabad can vary depending on factors like specialization and industry, but the average salary is around INR 4 lakh to INR 10 lakhs per annum.

Ques. How affordable are MBA colleges in Aurangabad?

Ans. MBA colleges in Aurangabad vary in terms of affordability. Tuition fees can range from moderate to high, depending on factors such as the college's reputation, infrastructure, faculty, and facilities offered. 

Ques. Which are the best MBA colleges in Aurangabad based on the placements?

Ans. The best MBA colleges in Aurangabad based on placements can vary over time. It is advisable to refer to the latest placement reports and rankings to identify the top-performing colleges. Some renowned MBA colleges in Aurangabad known for their placement records include the Dr Babasaheb Ambedkar Marathwada University (BAMU), MIT School of Management, and S.B. Jain Institute of Technology, Management, and Research.

Ques. How many MBA colleges are located in Aurangabad?

Ans. There are several MBA colleges located in Mysore, and the exact number may vary. However, Mysore is home to numerous reputed MBA institutes.

Ques. Which government college is best for doing MBA in Aurangabad?

Ans. Dr Babasaheb Ambedkar Marathwada University (BAMU) is one of the best government colleges for pursuing MBA in Aurangabad, known for its quality education and industry connections.

Sub Stream
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
1,58,000MBA/PGDM- total fees₹ 4,00,000Average Package₹ 12,00,000Highest Package 3.6 / 5 Based on 64 User
Reviews
Best in Academics
#135th/200 in India 2025
agency logoagency logoagency logoMore
#2
1,46,500MBA/PGDM- 1st Year Fees₹ 4,20,000Average Package₹ 6,00,000Highest Package 4.1 / 5 Based on 7 User
Reviews
Best in Infrastructure
#154th/200 in India 2024
agency logoagency logoagency logoMore
#3
90,000MBA/PGDM- 1st Year Fees----#131th/200 in India 2024
agency logoagency logoMore
#4
60,241MBA/PGDM- 1st Year FeesCompare Fees-- 3.7 / 5 Based on 629 User
Reviews
Best in Academics
--
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#5
80,641MBA/PGDM- 1st Year Fees-- 3.7 / 5 Based on 38 User
Reviews
Best in Academics
--
#6

Maharashtra Institute of Technology - [MIT], Aurangabad

Aurangabad, Maharashtra |AICTE, UGC Approved
82,000MBA/PGDM- 1st Year Fees₹ 3,40,000Average Package₹ 12,00,000Highest Package 3.8 / 5 Based on 95 User
Reviews
Best in Academics
--
#7
80,000MBA/PGDM- 1st Year Fees------
#8

Millenium Institute Of Management, Aurangabad

Aurangabad, Maharashtra |AICTE Approved
50,000MBA/PGDM- 1st Year Fees-- 3.7 / 5 Based on 3 User
Reviews
--
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#9

Rajarshi Shahu Institute Of Management - [RSIM], Aurangabad

Aurangabad, Maharashtra |AICTE Approved
93,000MBA/PGDM- 1st Year Fees------
#10
85,000MBA/PGDM- 1st Year Fees₹ 3,30,000Average Package₹ 10,00,000Highest Package 3.7 / 5 Based on 21 User
Reviews
Best in Academics
--
#11
1,05,000MBA/PGDM- 1st Year Fees------
#12

Shreeyash Institute of Management - [SIM], Aurangabad

Aurangabad, Maharashtra |AICTE Approved
83,000MBA/PGDM- 1st Year Fees------
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#13

Deogiri College, Aurangabad

Aurangabad, Maharashtra |UGC Approved
13,435MBA/PGDM- total fees-- 3.8 / 5 Based on 112 User
Reviews
Best in Academics
--
#14
6,704MBA/PGDM- total fees-- 3.7 / 5 Based on 11 User
Reviews
--
#15

Foster Development School of Management - [FDSM], Aurangabad

Aurangabad, Maharashtra |AICTE Approved
77,500MBA/PGDM- 1st Year Fees------
#16
--MBA/PGDM------
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#17

Maulana Azad College, Aurangabad

Aurangabad, Maharashtra 
--MBA/PGDM-- 4.2 / 5 Based on 16 User
Reviews
Best in Faculty
--
#18
--MBA/PGDM-- 3.7 / 5 Based on 15 User
Reviews
Best in Academics
--
#19
60,231MBA/PGDM- 1st Year Fees-- 3.1 / 5 Based on 4 User
Reviews
Best in Infrastructure
--
#20

MGM University - [MGMU], Aurangabad

Aurangabad, Maharashtra |AICTE, UGC Approved
1,47,000MBA/PGDM- 1st Year Fees₹ 4,50,000Average Package₹ 9,00,000Highest Package 4 / 5 Based on 162 User
Reviews
Best in Infrastructure
--