Top MBA/PGDM Colleges in Maharashtra Based on 2024 Ranking

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Sushil Pandey

Senior Content Specialist

The best MBA colleges in Maharashtra include IIM Mumbai(NITIE), SJMSOM Mumbai, SPJIMR Mumbai, SIBM Pune, and SBM NMIMS Mumbai, etc. There are 665 recognized MBA/ PGDM colleges in Maharashtra which include 589 Private and 55 Government MBA Colleges in Maharashtra. Most of the top MBA colleges in Maharashtra are approved and recognized by AICTE and UGC. 

Top 10 MBA Colleges in Maharashtra List

IIM Mumbai(NITIE) is the best MBA college in Maharashtra. It is ranked #9 among the top MBA colleges in India as per NIRF Ranking. The Institute offers MBA/ PGDM courses in 5 different specializations and has a total seat intake capacity of 398. Tabulated below are the top 10 MBA colleges in Maharashtra as per Ranking with seat intake.

Top MBA Colleges in Mumbai

There are around 127 MBA colleges in Mumbai. SPJIMR Mumbai is one of the top Private MBA colleges in Maharashtra. Below is the list of top MBA colleges in Mumbai with seat intake.

College/ University Name Seats Intake 
Shailesh J. Mehta School of Management, IIT Bombay, Mumbai 172+
IIM Mumbai(NITIE) 398+
S.P. Jain Institute of Management and Research, Mumbai 540+
NMIMS School of Business Management, Mumbai 1260+
Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai 15650+
K J Somaiya Institute of Management, Mumbai 960+
Universal Business School, Mumbai 800+
Amity University, Mumbai -
N.L. Dalmia Institute of Management Studies and Research, Mumbai 360+
Vivekanand Business School (VBS), Mumbai  180+

Top MBA Colleges in Pune

Pune hosts the highest number of MBA colleges in Maharashtra. There are around 230 MBA colleges in Pune. SIBM Pune is the best MBA college in Pune and it offers MBA courses with 3 specializations and has a seat intake of 280 for MBA/ PGDM Courses. Tabulated below are the top MBA colleges in Pune with seat intake.

College/ University Name  MBA/PGDM Seats
Bharati Vidyapeeth University, Institute of Management and Entrepreneurship Development - [IMED], Pune  240
Symbiosis Institute of Business Management - [SIBM], Pune  280
Symbiosis Centre for Management and Human Resource Development - [SCMHRD], Pune  306
National Insurance Academy - [NIA], Pune  120
Pune Institute of Business Management - [PIBM], Pune  180
Symbiosis Institute of International Business - [SIIB], Pune  210
International Institute of Management Studies - [IIMS], Pune  240
Balaji Institute of Modern Management - [BIMM], Pune  360
Balaji Institute of Management and Human Resource Development - [BIMHRD], Pune  240
Institute of Management Development and Research (IMDR), Pune 180

Top MBA Colleges in Maharashtra: Rankings

Multiple ranking agencies have released the rankings for various management colleges in India. These agencies also release rankings for other streams including Engineering, Medical, Pharmacy, Law, and Architecture. These rankings are carefully curated considering many parameters like Faculty Quality, Placements, Perception of the University, Gender Diversity, etc.

Given below are rankings of top MBA colleges in Maharashtra by some of the top-ranking agencies in India.

Top MBA Colleges in Maharashtra with NIRF Ranking 2023

NIRF or National Institutional Ranking Framework is a government-sponsored and the most authentic ranking agency in India for colleges and universities. NIRF ranks institutions based on five major parameters, each carrying a different weightage to determine their ranking. The table below displays the weightage assigned by NIRF for each of these parameters while ranking the top colleges in India.

NIRF Ranking Parameters Weightage - Collegedunia

IIM Mumbai(NIIE) is the best MBA college in Maharashtra, per NIRF rankings for the year 2023. It is followed by IIT Bombay at 10th with a NIRF score of 68.11  

  • SIBM Pune has maintained its place as the last year. It is ranked 17 followed by SPJIMR Mumbai and SVKM`s NMIMS Mumbai at 20 and 21. 
  • IIM Nagpur, K J Somaiya Institute of Management Studies and Research, and Welingkar Mumbai are some other top MBA colleges in Maharashtra ranked by NIRF Ranking 2023.
NIRF Ranking 2023 College/ University Name NIRF Score
7 IIM Mumbai(NITIE) 71.99
10 Indian Institute of Technology Bombay 68.11
17 Symbiosis Institute of Business Management, Pune 62.74
20 S.P. Jain Institute of Management & Research, Mumbai 60.91
21 SVKM`s Narsee Monjee Institute of Management Studies, Mumbai 60.84
43 Indian Institute of Management, Nagpur 53.41
45 K J Somaiya Institute of Management Studies and Research, Mumbai 52.14
73 Principal L N Welingkar Institute of Management Development and Research, Mumbai 48.21
76 National Institute of Bank Management, Pune 47.08
102 Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development, Pune -
110 INSTITUTE OF MANAGEMENT TECHNOLOGY, NAGPUR -
114 National Insurance Academy, Pune -
117 Pune Institute of Business Management, Pune -

Top MBA Colleges in Maharashtra: The Times Ranking 2023

The Times is one of the most popular English daily newspapers and digital media. Together Optimal Media Solutions - The Times and Avance India conducted a survey and released a list of Top MBA colleges in India.

Symbiosis Institute of Business Management popularly known as SIBM Pune is the best MBA college in Maharashtra with a seat intake of 280 for MBA/ PGDM courses. Below are the Top MBA colleges in Maharashtra, per Times Ranking for the year 2023.

Times Ranking 2023 College/University Name 
1 Symbiosis Institute of Business Management, Pune
13 International School of Business And Media, Pune
14 School of Management, MIT WPU
15 Lexicon Management Institute of Leadership And Excellence, Pune
19 Dr. D. Y. Patil B-School, Tathawade, Pune
20 Balaji Institute of Modern Management (BIMM), Pune
23 N.L Dalmia Institute of Management Studies And Research, Mumbai
23 International Institute of Management Studies, Pune
24 SIES Management Institutes, Navi Mumbai
25 IIEBM, Indus Business School, Wakad Pune

Top Private MBA Colleges in Maharashtra: ROI (Return on Investment)

MBA education is expensive, thus it becomes important to consider the ROI factor before deciding on the college. Listed below are some of the top MBA colleges in Maharashtra according to their ROI value.

College/ University Name  Average Annual Fees (INR) Average Placement Package (INR) ROI Rank*
SJMSOM (IIT Bombay) INR 4,91,100 INR 25.9 LPA 1
IIM Mumbai(NITIE) INR 7,03,000 INR 25.4 LPA 2
SPJIMR Mumbai  INR 10,21,000 INR 32.06 LPA 3
SIBM Pune  INR 13,49,000 INR 23.06 LPA 4
IIMS Pune INR 4,50,000 INR 5.5 LPA 5
SCMHRD Pune INR 11,05,000  INR 6.50 LPA 6

Top MBA Colleges in Maharashtra: Cutoffs

The table below shows some of the top MBA colleges in Maharashtra and their cutoffs. Most of these colleges accept MAHCET, CAT, MAT, and CMAT scores.

College Name Cutoff
SJMSOM IIT Bombay, Mumbai CAT Cutoff
IIM Mumbai(NITIE) CAT Cutoff
SPJIMR, Mumbai XAT and CAT Cutoff
KJ SIMSR, Mumbai Cutoff for MAHCET, MAT, XAT, CMAT, CAT
IMT, Nagpur Cutoff for CAT, XAT, and CMAT
SIBM, Pune CAT and SNAP Cutoff
SIIB, Pune SNAP Cutoff

Government MBA Colleges in Maharashtra

MBA program fees are usually significantly higher in private colleges as compared to government colleges. Some of the top MBA colleges that are run by the government in Maharashtra include SJMSOM Mumbai, IIM Mumbai(NITIE), and others. Below are the names of the top government MBA colleges in Maharashtra along with their average fees.

College/ University Name Average Annual fees 
Shailesh J. Mehta School of Management, IIT Bombay, Mumbai INR 4,91,100
IIM Mumbai(NITIE) INR 7,03,000
Department of Management Science, Savitribai Phule Pune University - [PUMBA] INR 66,194
International Institute of Management Studies - [IIMS], Pune  INR 4,50,000
Department of Commerce and Management, Shivaji University, Kohlapur INR 44,060
Savitribai Phule Pune University - [SPPU], Pune INR 18,500
Mumbai University - [MU] INR 22,000
College of Engineering - [COEP], Pune  INR 1,99,150
Rashtrasant Tukadoji Maharaj Nagpur University, Nagpur INR 23,712
Vivekanand Business School (VBS), Mumbai  INR 4,50,000

Top MBA Colleges in Maharashtra: Admission Process

Maharashtra is home to some of the well-renowned and premier BSchools in India. There are 55 government and 585 private MBA colleges in Maharashtra. The chart below represents the ratio between public and private MBA colleges in Maharashtra:

Top MBA Colleges in Maharashtra Collegedunia

Admission into MBA colleges in Maharashtra is based on merit as well as MBA entrance exams. For entrance-based admissions, candidates are shortlisted based on MAH CET, CAT, MAT, CMAT, etc. entrance scores and GD/ PI rounds. Few colleges conduct their entrance exams like SNAP, IBSAT, etc. For merit-based admissions, students are selected based on their 10+2 and graduation scores.

IIT Bombay

Shailesh J. Mehta School of Management, IIT Bombay - SJMSOM Mumbai is one of the best Management colleges in India. The Institute is ranked 10th by NIRF Ranking. It offers several Management courses like MBA, EMBA, Ph.D., etc., and is renowned for its flagship MBA programs. MBA admissions at SJMSOM Mumbai are offered solely based on CAT scores. The registrations for CAT 2023 are ongoing, eligible candidates can apply for CAT till September 13, 2023. The entrance test will be conducted on November 26, 2023. Check SJMSOM Mumbai  Courses and Fees

IIT Bombay Placements 2023 Report

A total of 1,431 offers were accepted and 1,648 offers were received during IIT Bombay phase 1 placements 2023. The key highlights of IIT Bombay phase 1 placement 2023 as compared with IIT Bombay placements 2022 are presented in the infographics below.

IIT Bombay Placements 2023 Report Collegedunia

Narsee Monjee Institute of Management Studies (NMIMS)

NMIMS Mumbai is one of the most popular top MBA colleges in Maharashtra. The institute has campuses in many cities in Maharashtra including Mumbai, Pune, and Navi Mumbai. Not just that, NMIMS also has campuses in Chandigarh, Hyderabad, and Bangalore.

  • The institute has scored a 3.59 CGPA on the NAAC accreditation scale.
  • It has been ranked as the 5th best private B-school by India Today rankings.
  • NMIMS Mumbai has also earned the AACSB Accreditation, earned by less than 5% of the world’s business schools.
  • The course curriculum includes special classes for French, Spanish, and German languages to help students fetch better opportunities.
  • The full-time MBA program is 111 credits with 63 credits reserved for the first year and 45 for the second year. The remaining 3 credits are for the summer internship.

NMIMS Mumbai Placement Highlights

  • During the placement drive, more than 150 companies visited the campus. Students were offered the highest CTC of INR 34.72 LPA. The average CTC stood at INR 18.45 LPA. 
  • The CTC package of the top 50 students stood at INR 25.16 LPA, the top 100 students stood at INR 22.89 LPA, the top 150 students stood at INR 21.55 LPA, top 200 students stood at INR 20.16 LPA. 
  • The offers were made from IT, analytics, Consulting, Startup and e-commerce, etc sectors. 
  • Top recruiters like Adidas, Asian Paints, GE, L&T, Aditya Birla Group, Max Life Insurance, CRISIL, Accenture, Amazon, etc participated in the placement drive.
Particulars Placement Statistics(2019-20) Placement Statistics (2020-21)
No. of Companies visited 170+ 150+
Highest CTC (Domestic) INR 38.57 LPA INR 34.72 LPA
Highest CTC (International) INR 58.61 LPA -
Average CTC INR 18.33 LPA INR 18.45 LPA
Major Sectors IT, analytics, Consulting, Startup & E-Commerce IT, analytics, Consulting, Startup & E-Commerce
Top Recruiters Abbott, Accenture, CISCO, Mahindra Logistics, Unacademy, Axis Bank, Castrol, etc Adidas, Asian Paints, GE, L&T, Aditya Birla Group, Max Life Insurance, CRISIL, Accenture, Amazon, etc

SIBM (Symbiosis Institute of Business Management) Pune

SIBM Pune is a constituent of Symbiosis International (Deemed University). The institute, established in 1978, is consistently ranked among the top 10 private MBA colleges in India.

  • Symbiosis International (Deemed University) is ranked among the top 150 universities in the BRICS nations by the QS World University rankings.
  • The institute’s 2-year full-time MBA program gives specialization options in the fields of Marketing, Finance, Operations, and Human resources.
  • There are international students in the university from more than 75 countries.

The institute has a total intake of 180 seats for the 2-year full-time MBA program. The reservation division for these seats is shown below.

MBA Colleges in Maharashtra SIBM Pune MBA Seat Intake Reservation

Source: SIBM Pune Official Website

SIBM Pune Placements

More than 100 companies visited the campus during SIBM Pune Placements.

  • A total of 192 placement offers were made to the students by the recruiters. More than 180 students participated in the placement drive. 
  • Students received 66 Pre-placement offers from various sectors like FMCG/Healthcare, IT/ITES, Auto/ Manufacturing, etc.
  • The highest CTC stood at INR 30.38 LPA during the placement drive. The average CTC was INR 19.56 LPA & median CTC was INR 18 LPA.
  • Top recruiters like Accenture, Aditya Birla Group, Asian paints, Bajaj, Phone Pe, Adidas, Hexaware, Dabur, etc participated in the placement drive.
Particulars Placements Statistics (2019-20) Placement Statistics (2020-21)
No. of Companies participated 90+ 100+
No. of New Recruiters - 35+
No. of Students participated - 180+
No. of Offers made 186 192
No. of Pre-placement offers 87 66
Highest CTC INR 34.26 LPA INR 30.38 LPA
Average CTC INR 20.14 LPA INR 19.56 LPA
Top Recruiters Accenture, Adani, Aditya Birla Group, Bajaj Finserv, Cipla, etc Accenture, Aditya Birla Group, Asian paints, Bajaj, Phone Pe, Adidas, Hexaware, Dabur, etc

Top MBA Colleges in Maharashtra: Entrance Exam Wise

Admissions to the top MBA colleges in Maharashtra are done through various top MBA entrance exams like CAT, SNAP, NMAT, XAT, etc. Many colleges and universities also entertain the score of local state-level MBA entrance exams like MAHCET and BVP BMAT.

Different MBA colleges in Maharashtra consider different entrance exam scores for admissions. The below infographic highlights the number of colleges accepting different exams:

Top MBA Colleges in Maharashtra Entrance Exams Collegedunia

Top 10 MBA Colleges in Maharashtra Through CET

MAH CET or the Maharashtra Common Entrance Test is conducted by the Directorate of Technical Education. Top MBA colleges in Maharashtra through CET include BIMM Pune, PUMBA Pune, MET Institute of Management Mumbai, etc. MAH CET 2024 exam will be held on 23rd & 24th March 2024MAH CET 2024 Application is most likely to be out by the 4th week of February 2024. The MAH CET registration will begin on the official website, cetcell.mahacet.org. Check MAH CET 2024 Exam Dates

Listed below are some of the top MBA colleges in Maharashtra through CET.

  • Jamnalal Bajaj Institute of Management Studies -[JBIMS], Mumbai 
  • Dr. DY Patil Institute of Management, Pune
  • IES's Management College and Research Centre - [IES MCRC], Mumbai 
  • PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University
  • Atharva Institute of Management Studies - [AIMS], Mumbai 
  • BIMM Pune - Balaji Institute of Modern Management
  • SIES School of Business Studies - [SIES SBS], Mumbai
  • MITSOM Pune - MIT School of Management
  • Universal Business School - [UBS], Mumbai
  • FLAME University, Pune

Also, Check,

Top MBA Colleges in Maharashtra: Placement Wise

The top MBA colleges in Maharashtra are well renowned for their impeccable and high placement records. With the abundance of top-notch Global companies, top MBA colleges in Maharashtra offer lucrative opportunities and high ROI. The average CTC package offered to the students in the top MBA colleges in Maharashtra ranges between INR 10- 22 LPA. NMIMS Mumbai recorded the highest CTC package which stood at INR 57.65 LPA. 

The following infographic highlights the top MBA colleges in Maharashtra with the average and highest CTC packages.

Top MBA Colleges in Maharashtra Placements Collegedunia
 

Source: Official Websites

The top recruiters in these companies include:

Bain & Company Accenture Strategy CISCO
Amazon Capgemini Gartner
Boston Consulting Group (BCG) Morgan Stanley BYJU’s
Barclays Capital McKinsey & Company TCS
Godrej Airtel J P Morgan

Placements depend a lot upon the stream you choose. So, check the best colleges stream-wise by clicking on the links below.

Top MBA Colleges in Maharashtra For Marketing

MBA Marketing is a highly popular specialization within the MBA program. Through this program, students can learn various terms and concepts related to branding, advertising, customer attraction, marketing strategies, and resource management used in marketing. MBA Marketing graduates can work in job profiles such as Marketing Manager, Marketing Executive, and more.

Listed below are the top MBA colleges in Maharashtra for Marketing:

  • SP Jain Institute of Management and Research
  • Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai
  • NMIMS Mumbai 
  • SIBM Pune  
  • K J Somaiya Institute of Management
  • Institute of Management Technology - [IMT], Nagpur
  • Balaji Institute of Modern Management, Pune

Top MBA Colleges in Maharashtra For Finance

The finance industry is booming more than ever in India and so the job prospects are also getting better. The industry which has shown an overall growth of 15% till now, is now growing at around 8.5%. Mentioned below are some of the top MBA colleges in Maharashtra for finance.

  • Shailesh J. Mehta School of Management [SJMSOM], IIT Bombay
  • SP Jain Institute of Management and Research [SPJIMR], Mumbai
  • Prin. L.N. Welingkar Institute of Management Development and Research [WESCHOOL], Mumbai
  • SIES College of Management Studies, Mumbai
  • Symbiosis Institute of Business Management - [SIBM], Pune 
  • Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University], Mumbai 
  • K J Somaiya Institute of Management, Mumbai
  • Institute of Management Technology - [IMT], Nagpur 
  • ITM Business School Kharghar - [ITM], Navi Mumbai 
  • Lexicon MILE - Management Institute of Leadership and Excellence, Pune

Top MBA Colleges in Maharashtra: FAQs

Ques. Which MBA college has the best placement?

Ans. The best MBA colleges in India offer lucrative placement opportunities with high ROI (Return on Investment). Some of the top MBA colleges in Maharashtra with placements are listed below:

  • IIM Mumbai((NITIE))
  • Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai
  • SP Jain Institute of Management and Research - [SPJIMR], Mumbai
  • Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University], Mumbai
  • Bharati Vidyapeeth University, Institute of Management and Entrepreneurship Development - [IMED], Pune

Ques. How to get admission into the top MBA colleges in Maharashtra?

Ans. Candidates seeking admission into top MBA colleges in Maharashtra must have to complete their graduation with at least 50% marks from a recognized University. Also, one way is required to qualify for any MBA entrance exams such as Indian Institute of CAT, XAT, GMAT, SNAP, MAH CET, etc., and may face Group discussion or personal interview rounds.

Ques. Which are the No 1 MBA colleges in India?

Ans. Indian Institute of Management, IIM Ahmedabad is considered the best MBA college in India and is the No 1 MBA college in India. IIM Ahmedabad has also been ranked 1st position among the top MBA colleges in India by various popular ranking Agencies such as NIRF, India Today, etc.

Ques. Is Nagpur University good for MBA?

Ans. Yes, Nagpur University is one of the best institutes in Maharashtra offering an MBA. Nagpur University offers good facilities and high-quality education, and it also offers you creative placement packages with high ROI.

Ques. Which Maharashtra colleges accept MAT scores?

Ans. Some of the best MBA colleges in Maharashtra accepting MAT entrance scores are listed below:

  • Balaji Institute of Modern Management - [BIMM], Pune
  • ITM Business School Kharghar - [ITM], Navi Mumbai
  • Pune Institute of Business Management - [PIBM], Pune
  • Balaji Institute of Management and Human Resource Development - [BIMHRD], Pune
  • International Institute of Management Studies - [IIMS]

Ques. What are the best MBA colleges in Maharashtra for Marketing?

Ans. SP Jain Institute of Management and Research - [SPJIMR] Mumbai, Symbiosis Institute of Business Management - [SIBM] Pune, K J Somaiya Institute of Management Mumbai, and Institute of Management Technology - [IMT] Nagpur are some of the best MBA colleges in Maharashtra for Marketing.

Ques. Does MBA in Maharashtra need an entrance exam?

Ans. Yes, most of the top-ranked and best MBA colleges in Maharashtra offer solely based on the scores of the entrance exams conducted at the National, State, or University level. Some of the popular entrance exams accepted by the best MBA colleges in Maharashtra are CAT, GMAT, MAT, SNAP, MAH CET, etc.

Ques. Which college is best for MBA in Maharashtra?

Ans. IIT Bombay has been ranked as the best MBA college in Maharashtra by NIRF. The list also includes SPJIMR Mumbai, SIBM Pune, and ITM Nagpur.

Ques. What are the fees for MBA in Mumbai?

Ans. Mumbai houses the highest number of top MBA colleges in India. The average fee for pursuing MBA from these colleges is INR 7 lakh.

Ques. Which MBA degree pays the most?

Ans. As per the latest trends, MBA Business Analytics and MBA Marketing have proved themselves to be the most lucrative MBA specializations.

Ques. Which is the best college for MBA in Pune?

Ans. Pune houses some of the top MBA colleges in Maharashtra including SIBM Pune, Flame University, and PUMBA.

Ques. What is the salary of an MBA in IT?

Ans. The average annual MBA in IT salary is INR 9.8 lakh.

Ques. How can I join MBA in IIM?

Ans. IIMs give admissions on 2 bases:

(i) For National Students: The score of CAT is considered.

(ii) For International Students: The score of GMAT is considered.

Ques. Which IIT is best for MBA?

Ans. IIT Bombay has demonstrated its caliber when it comes to management education. The institute has been ranked 1st in Maharashtra by the latest NIRF Rankings. QS has also named IIT Bombay as the best university in India.

Ques. Is Amity Mumbai good for MBA?

Ans. Amity Mumbai admits students based on various criteria like CAT, XAT, NMAT, MAT, GMAT, etc. The average placement package is around INR 3-4 lakh.

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Aa2

SP Jain [SPJIMR], Mumbai

Mumbai, Maharashtra |AICTE, NBA, AACSB, AMBA Approved
22,50,000MBA/PGDM- total feesCompare Fees₹ 33,00,000Average Package₹ 81,00,000Highest PackageCompare Placement 4.2 / 5 Based on 43 User
Reviews
Best in Placements
#3th/275 in India 2024
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Aa2

JBIMS Mumbai, Mumbai

Mumbai, Maharashtra |AICTE Approved
3,50,000MBA/PGDM- 1st Year FeesCompare Fees₹ 28,02,000Average Package₹ 35,75,000Highest PackageCompare Placement 4.2 / 5 Based on 38 User
Reviews
Best in Placements
#10th/25 in India 2025
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Aa2

IIM Mumbai - Indian Institute of Management, Mumbai

Mumbai, Maharashtra |AICTE Approved
21,00,000MBA/PGDM- total feesCompare Fees₹ 54,00,000Highest PackageCompare Placement 4.3 / 5 Based on 71 User
Reviews
Best in Placements
#6th/125 in India 2024
agency logoagency logoagency logo+ 5 More
Aa2

TISS Tata Institute of Social Sciences, Mumbai

Mumbai, Maharashtra |UGC Approved
1,00,000MBA/PGDM- total feesCompare Fees₹ 27,22,000Average Package₹ 49,00,000Highest PackageCompare Placement 4 / 5 Based on 79 User
Reviews
Best in Academics
#15th/608 in India 2023
agency logoagency logoagency logo+ 4 More
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Aa2

Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai

Mumbai, Maharashtra |AICTE Approved
7,17,650MBA/PGDM- 1st Year FeesCompare Fees₹ 28,01,000Average Package₹ 72,00,000Highest PackageCompare Placement 4.4 / 5 Based on 27 User
Reviews
Best in Infrastructure
#10th/125 in India 2024
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Aa2

Symbiosis Institute of Business Management - [SIBM], Pune

Pune, Maharashtra |AICTE Approved
12,65,000MBA/PGDM- 1st Year FeesCompare Fees₹ 28,16,000Average Package₹ 49,00,000Highest PackageCompare Placement 4.3 / 5 Based on 54 User
Reviews
Best in Infrastructure
#8th/200 in India 2025
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Aa3

School of Business Management, NMIMS University - [SBM NMIMS], Mumbai

Mumbai, Maharashtra |AACSB Approved
11,95,000MBA/PGDM- 1st Year Fees₹ 26,63,000Average Package₹ 67,80,000Highest Package 4.1 / 5 Based on 22 User
Reviews
Best in Academics
#7th/110 in India 2024
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Aa3

Symbiosis Centre for Management and Human Resource Development - [SCMHRD], Pune

Pune, Maharashtra |UGC, AACSB Approved
12,50,000MBA/PGDM- 1st Year FeesCompare Fees₹ 24,28,000Average Package₹ 38,00,000Highest PackageCompare Placement 4 / 5 Based on 125 User
Reviews
Best in Social Life
#15th/200 in India 2025
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Aa4

Indian Institute of Management - [IIMN], Nagpur

Nagpur, Maharashtra 
18,90,000MBA/PGDM- total feesCompare Fees₹ 16,30,000Average Package₹ 38,40,000Highest PackageCompare Placement 4.4 / 5 Based on 75 User
Reviews
Best in Faculty
#20th/25 in India 2025
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Aa5

Symbiosis Institute of International Business - [SIIB], Pune

Pune, Maharashtra 
9,55,000MBA/PGDM- 1st Year FeesCompare Fees₹ 13,51,000Average Package₹ 24,65,000Highest PackageCompare Placement 4 / 5 Based on 27 User
Reviews
Best in Social Life
#39th/275 in India 2024
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Aa5

KJ Somaiya Institute of Management, Mumbai

Mumbai, Maharashtra |UGC, AACSB Approved
10,07,402MBA/PGDM- 1st Year FeesCompare Fees₹ 28,25,000Highest PackageCompare Placement 4 / 5 Based on 132 User
Reviews
Best in Infrastructure
#10th/200 in India 2025
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Aa5

Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai

Mumbai, Maharashtra |AICTE, NBA Approved
7,00,000MBA/PGDM- 1st Year Fees₹ 12,88,000Average Package₹ 40,00,000Highest Package 3.9 / 5 Based on 177 User
Reviews
Best in Academics
#17th/200 in India 2025
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Aa5

SIES School of Business Studies - [SIES SBS], Mumbai

Mumbai, Maharashtra |AICTE Approved
8,00,000MBA/PGDM- total feesCompare Fees₹ 9,10,000Average Package₹ 24,00,000Highest PackageCompare Placement 3.7 / 5 Based on 36 User
Reviews
Best in Academics
#21th/100 in India 2024
agency logoagency logoagency logo+ 1 More
Aa5

Dr. D. Y. Patil B-School, Pune

Pune, Maharashtra |AICTE, NBA, AIU Approved
4,23,000MBA/PGDM- 1st Year Fees₹ 7,67,000Average Package₹ 18,00,000Highest Package 4 / 5 Based on 3 User
Reviews
#14th/110 in India 2024
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Aa5

Symbiosis Institute of Digital and Telecom Management - [SIDTM], Pune

Pune, Maharashtra |AICTE Approved
8,02,000MBA/PGDM- 1st Year Fees₹ 13,12,151Average Package₹ 29,04,000Highest Package 4.5 / 5 Based on 62 User
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Best in Infrastructure
#46th/200 in India 2025
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International School of Management Studies - [ISMS], Pune

Pune, Maharashtra |AICTE, UGC Approved
4,50,000MBA/PGDM- 1st Year FeesCompare Fees₹ 8,00,000Average Package₹ 15,50,000Highest PackageCompare Placement 4.1 / 5 Based on 58 User
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Best in Placements
#75th/608 in India 2023
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IIEBM Indus Business School - [IIEBM IBS], Pune

Pune, Maharashtra |AICTE Approved
9,05,000MBA/PGDM- total fees₹ 7,50,000Average Package₹ 30,00,000Highest Package 3.4 / 5 Based on 10 User
Reviews
Best in Academics
#58th/200 in India 2025
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Aa6

Institute of Management Technology - [IMT], Nagpur

Nagpur, Maharashtra |AICTE, NBA, AIU, AACSB Approved
8,53,000MBA/PGDM- 1st Year FeesCompare Fees₹ 11,00,000Average Package₹ 36,33,000Highest PackageCompare Placement 4.2 / 5 Based on 121 User
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Best in Social Life
#44th/275 in India 2024
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International School of Business and Media - [ISB&M] Nande, Pune

Pune, Maharashtra |AICTE Approved
12,20,000MBA/PGDM- total feesCompare Fees₹ 11,02,000Average Package₹ 20,56,000Highest PackageCompare Placement 3.6 / 5 Based on 57 User
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Best in Social Life
#73th/200 in India 2025
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Balaji Institute of Modern Management - [BIMM], Pune

Pune, Maharashtra |AICTE Approved
6,07,500MBA/PGDM- 1st Year FeesCompare Fees₹ 8,25,000Average Package₹ 20,58,000Highest PackageCompare Placement 4.1 / 5 Based on 46 User
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Best in Faculty
#51th/275 in India 2024
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Balaji Institute of International Business - [BIIB], Pune

Pune, Maharashtra |AICTE Approved
6,07,500MBA/PGDM- 1st Year Fees₹ 18,27,000Highest Package 3.8 / 5 Based on 38 User
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#55th/214 in India 2023
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N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR], Mumbai

Mumbai, Maharashtra |AICTE, NBA, AIU, AACSB Approved
8,10,000MBA/PGDM- 1st Year Fees₹ 9,85,000Average Package₹ 25,50,000Highest Package 4.1 / 5 Based on 36 User
Reviews
Best in Infrastructure
#23th/200 in India 2025
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Aa6

Amity University, Mumbai

Mumbai, Maharashtra |AICTE, RCI, COA, BCI, UGC Approved
4,72,000MBA/PGDM- 1st Year FeesCompare Fees₹ 3,50,000Average Package₹ 15,00,000Highest PackageCompare Placement 4.1 / 5 Based on 73 User
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Best in Social Life
#108th/608 in India 2023
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Symbiosis Institute of Operations Management - [SIOM], Nashik

Nashik, Maharashtra |AICTE Approved
8,91,000MBA/PGDM- 1st Year FeesCompare Fees₹ 14,50,000Average Package₹ 30,00,000Highest PackageCompare Placement 4.3 / 5 Based on 15 User
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Best in Academics
#12th/200 in India 2025
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Balaji Institute of Management and Human Resource Development - [BIMHRD], Pune

Pune, Maharashtra |AICTE Approved
6,07,500MBA/PGDM- 1st Year Fees₹ 8,25,000Average Package₹ 20,58,000Highest Package 4.4 / 5 Based on 36 User
Reviews
Best in Faculty
#83th/275 in India 2024
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Aditya Institute of Management Studies and Research - [AIMSR], Mumbai

Mumbai, Maharashtra |AICTE Approved
1,40,000MBA/PGDM- 1st Year Fees₹ 6,75,000Average Package₹ 15,00,000Highest Package 4 / 5 Based on 16 User
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Best in Faculty
#51th/100 in India 2024
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ITM Business School Kharghar - [ITM], Navi Mumbai

Navi Mumbai, Maharashtra |AICTE, NBA Approved
12,45,000MBA/PGDM- total feesCompare Fees₹ 8,65,000Average Package₹ 21,00,000Highest PackageCompare Placement 3.9 / 5 Based on 108 User
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Best in Academics
#57th/275 in India 2024
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Kohinoor Business School - [KBS], Mumbai

Mumbai, Maharashtra |AICTE Approved
3,50,000MBA/PGDM- 1st Year Fees₹ 7,25,000Average Package₹ 12,50,000Highest Package 4.1 / 5 Based on 30 User
Reviews
Best in Faculty
#61th/100 in India 2024
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Universal Business School - [UBS], Karjat

Karjat, Maharashtra |AICTE, NBA, AIU Approved
11,98,000MBA/PGDM- total fees₹ 15,22,000Average Package₹ 42,33,000Highest Package 4.3 / 5 Based on 242 User
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Best in Social Life
#168th/200 in India 2025
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MIT World Peace University - [MIT-WPU], Pune

Pune, Maharashtra |PCI, BCI, UGC Approved
4,55,000MBA/PGDM- 1st Year FeesCompare Fees₹ 7,00,000Average Package₹ 51,36,000Highest PackageCompare Placement 3.9 / 5 Based on 801 User
Reviews
Best in Infrastructure
#89th/200 in India 2025
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