SPJIMR Mumbai, IIM Mumbai, TISS Mumbai, and JBIMS Mumbai are the top MBA Colleges in Maharashtra according to collegedunia MBA rankings 2025
- There are 676 MBA colleges in Maharashtra. These include 600 Private colleges, 58 Public colleges, offering full-time and part-time programs.
- Of these colleges, AICTE approved 437 colleges, and CRISIL approved 1 College.
- An MBA is offered in multiple fields at top colleges in Maharashtra, including General, Finance, Marketing, Operations and Human Resources.
- MBA Admission 2025 at Colleges in Maharashtra is based on CAT, CMAT, XAT, MAT, and MAHCET.
- The total fee for MBA 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 MBA colleges in Maharashtra ranges from INR 20 LPA to INR 36.29 LPA.
Top 10 MBA Colleges in Maharashtra 2025
SPJIMR Mumbai, IIM Mumbai, TISS Mumbai are the top MBA 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 MBA Colleges in Maharashtra, along with their fee structures, Median Package, Cutoff, and Locality.
| College Name | Locality | Median Package | Cutoff | Total Fees (INR) |
|---|---|---|---|---|
| SPJIMR Mumbai | Andheri West, Mumbai | INR 31.5 LPA | CAT - 85 | INR 22.5 Lakh |
| IIM Mumbai | Near Vihar Lake, Mumbai | INR 33 LPA | CAT - 50 - 97 | INR 21 Lakh |
| TISS Mumbai | Govandi, Mumbai | INR 8.98 LPA |
- |
INR 77 K |
| JBIMS Mumbai | Churchgate, Mumbai | INR 26.4 LPA | CAT - 96 | INR 7 Lakh |
| SJMSOM Mumbai | Powai, Mumbai | INR 28 LPA | CAT - 90 | INR 14.27 Lakh |
| SBM NMIMS Navi Mumbai | Kharghar, Mumbai | INR 20 LPA | NMAT - 96 | INR 21 Lakh - INR 25 Lakh |
| SIBM Pune | Tal Mulshi, Pune | INR 28.16 LPA | SNAP - 97 | INR 7.03 Lakh |
| SPJSGM Mumbai | Kurla West, Mumbai | INR 36.29 LPA |
- |
INR 38.35 Lakh |
| SCMHRD Pune | Hinjawadi, Pune | INR 20 LPA | SNAP - 97 | INR 15.02 Lakh - INR 24.8 Lakh |
| BITSoM Mumbai | Kalyan, Mumbai | INR 23.41 LPA | CAT - 94 (2023) | INR 28.55 Lakh |
Table of Contents
- MBA Colleges in Maharashtra ROI Wise 2025
- Top-Ranked MBA Colleges in Maharashtra by Various Agencies 2025
- Student Ratings of Top MBA Colleges in Maharashtra
- Student Perception of Top MBA Colleges in Maharashtra
- MBA Colleges in Maharashtra: Highlights
- Government MBA Colleges in Maharashtra 2025
- Private MBA Colleges in Maharashtra 2025
- MBA Colleges in Maharashtra: Admission 2025
- MBA Colleges in Maharashtra with Lowest Fees 2025
- Specialisations offered by MBA Colleges in Maharashtra 2025
- MBA Colleges in Maharashtra with Online MBA Program 2025
- Top MBA Colleges in Maharashtra with Executive MBA Program 2025
- Top MBA Colleges in Maharashtra by University Affiliation 2025
- Top MBA colleges in Maharashtra: City-wise 2025
- MBA Colleges in Maharashtra FAQs
MBA Colleges in Maharashtra ROI Wise 2025
TISS Mumbai is the top MBA 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 MBA 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 MBA Colleges in Maharashtra by Various Agencies 2025
SPJIMR Mumbai is the top-ranked college in Mumbai according to all the ranking agencies. Below is the list of the top 10 MBA Colleges in Maharashtra, according to NIRF and IIRF, as well as per the grade awarded to each University by NAAC
| College Name |  Collegedunia (2025) |
|
 NAAC |
|
| CD Score (out of 2000) | CD Rank | |||
| SPJIMR Mumbai | 1682 | 10 (India) | 1 (India) | A++ |
| IIM Mumbai | 1680 | 11 (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) | 7 | A+ |
| SIBM Pune | 1640 | 20 (India) | 6 | A++ |
| SPJSGM Mumbai | 1626 | 6 (India) |
- |
- |
| SCMHRD Pune | 1614 | 25 (India) | 4 | 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 MBA Colleges in Maharashtra Video Review and Analysis
In this video, Sachin Pisar discussed the top MBA 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 MBA 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 MBA 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 MBA Colleges in Maharashtra
- Among the top-rated MBA 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, Experienced Faculty | NA |
MBA Colleges in Maharashtra: Highlights
| Details | Statistics |
|---|---|
| Total Colleges | 676 |
| Number of Govt Colleges | 58 |
| Number of Private Colleges | 600 |
| 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. |
Government MBA Colleges in Maharashtra 2025
Maharashtra has 58 government-run MBA Colleges. 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 best MBA 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 - 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 |
- |
INR 1.8 Lakh |
Private MBA Colleges in Maharashtra 2025
- Maharashtra has 600 privately owned Colleges that offer an MBA program.
- SPJIMR Mumbai, with course fees of INR 22.5 Lakh, stood in first place and followed by TISS Mumbai with course fees of INR 77 K.
- We have listed the top 10 private MBA 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 89 LPA Median - INR 31.5 LPA Average - INR 32 LPA |
INR 22.5 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 |
MBA Colleges in Maharashtra: Admission 2025
- 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 best MBA 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. |
- |
| 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. |
- |
| 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 |
MBA Colleges in Maharashtra with Lowest Fees 2025
DSM-CACS Parbhani has the lowest fees for an MBA in Maharashtra, with total course fees of INR 5 K. The table below shows the top MBA colleges in Maharashtra with the lowest fees.
| College Name | Total Fees (INR) |
|---|---|
| DSM-CACS Parbhani | INR 5 K |
| KKSU Nagpur | INR 5.2 K |
| Hansraj Jivandas College of Education, Mumbai | INR 6.6 K |
| S.B.E.S. College of Arts and Commerce, Aurangabad | INR 6.7 K |
| Ness Wadia College of Commerce, Pune | INR 10 K |
| Krishna Vishwa Vidyapeeth, Karad | INR 10 K |
| MMCC Pune | INR 13.3 K |
| MGAHV Wardha | INR 14.5 K |
| Santaji Mahavidyalaya, Nagpur | INR 16 K |
| Dr. D.Y. Patil Arts, Commerce & Science Women's College, Pune | INR 18.2 K |
Specialisations offered by MBA Colleges in Maharashtra 2025
General is the most popular field offered by MBA 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 MBA Colleges in Maharashtra.
| Specialization | Count of Colleges | Top Colleges |
|---|---|---|
| General | 355 | SPJIMR Mumbai, IIM Mumbai, TISS Mumbai. |
| Marketing | 274 | SBM NMIMS Navi Mumbai, SIBM Pune, SCMHRD Pune |
| Finance | 273 | SJMSOM Mumbai, SBM NMIMS Navi Mumbai, SIBM Pune |
| Human Resources MBA | 266 | JBIMS Mumbai, SJMSOM Mumbai, SBM NMIMS Navi Mumbai |
| Operations MBA | 215 | IIM Mumbai, SJMSOM Mumbai, SBM NMIMS Navi Mumbai |
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 22.5 Lakh.
| College Name | Locality | Total Fees (INR) |
|---|---|---|
| SPJIMR Mumbai | Andheri West, Mumbai | INR 22.5 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 2025
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 best 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 2025
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 bet 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 2025
Online MBA Colleges in Maharashtra are listed below, mainly the course duration ranges from 1 to 2 Years.
| College Name | Course Fees (INR) | Duration |
|---|---|---|
| SPJIMR, Mumbai | INR 22.50 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 MBA Colleges in Maharashtra with Executive MBA Program 2025
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 MBA Colleges in Maharashtra by University Affiliation 2025
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.
| University Name | Count of affiliated Colleges |
|---|---|
| Savitribai Phule Pune University - [SPPU], Pune | 169 |
| Rashtrasant Tukadoji Maharaj Nagpur University - [RTMNU], Nagpur | 57 |
| Mumbai University - [MU], Mumbai | 43 |
| Shivaji University - [SUK], Kolhapur | 23 |
| Dr Babasaheb Ambedkar Marathwada University - [BAMU], Aurangabad | 19 |
| Sant Gadge Baba Amravati University - [SGBAU], Amravati | 13 |
| Kavayitri Bahinabai Chaudhari North Maharashtra University, Jalgaon | 11 |
| Swami Ramanand Teerth Marathwada University - [SRTMUN], Nanded | 5 |
| Punyashlok Ahilyadevi Holkar Solapur University, Solapur | 4 |
| Yashwantrao Chavan Maharashtra Open University- [YCMOU], Nashik | 3 |
MBA Colleges with Savitribai Phule Pune University - [SPPU], Pune in Mumbai 2025
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 MBA 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 MBA colleges in Maharashtra: City-wise 2025
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 MBA colleges in Pune 2025
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 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 MBA colleges in Mumbai 2025
Mumbai has 129 MBA colleges, among which SPJIMR Mumbai is the most popular MBA college offering the course for INR 22.5 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 22.5 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 |
MBA colleges in Nagpur 2025
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 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 |
MBA 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.
| College Name | Location |
|---|---|
| Smt Hiraben Nanavati Institute of MBA & Research for Women, Pune | Karve Nagar, Pune, Maharashtra |
| Sadhu Vaswani Institute of MBA Studies For Girls- [SVIMS], Pune | Koregaon Park, Pune, Maharashtra |
| International Institute of MBA & Human Resource Development, Pune | Dattawadi, near Hinjawadi, Pune, Maharashtra |
| Abasaheb Garware Institute of MBA Studies - [AGIMS], Sangli | Khanbhag, Sangli, Maharashtra |
| Jankidevi Bajaj Institute of MBA Studies - [JDBIMS], Mumbai | Juhu Road, Santacruz West, Mumbai |
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 Bachelor’s (usually vary 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
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