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List of TOI RANKED M.Phil/Ph.D in Management Colleges in Maharashtra Based on 2025 Ranking

Found 47 colleges

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CD Rank	Colleges	Course Fees	Placement	User Reviews	Ranking
#1	SPJIMR, Mumbai Mumbai, Maharashtra \|AICTE, NBA, AACSB, AMBA Approved CD Score: 1947/2000	₹ 12,00,000Fellow Programme in Management [FPM]- Total FeesCompare Fees	₹ 32,00,000Average Package₹ 89,00,000Highest Package100% PlacementCompare Placement Placement Score: 957/1000	4.2 / 5 Based on 45 User ReviewsBest in Placements	#2^th/100 in India 2025 + 5 More
#2	IIM Mumbai - Indian Institute of Management, Mumbai Mumbai, Maharashtra \|AICTE Approved CD Score: 1909/2000	₹ 1,85,000Ph.D. (Executive)- Total FeesCompare Fees	₹ 31,02,000Average Package₹ 54,00,000Highest PackageCompare Placement Placement Score: 920/1000	4.3 / 5 Based on 72 User ReviewsBest in Placements	#24^th/50 in India 2019 + 5 More
#3	JBIMS Mumbai, Mumbai Mumbai, Maharashtra \|AICTE Approved CD Score: 1774/2000	₹ 17,680Ph.D Management Studies- Total FeesCompare Fees	₹ 29,35,000Average Package₹ 87,12,000Highest PackageCompare Placement Placement Score: 789/1000	4.2 / 5 Based on 39 User ReviewsBest in Placements	#10^th/50 in India 2019 + 3 More
#4	Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai Mumbai, Maharashtra \|AICTE Approved CD Score: 1675/2000	₹ 46,700Ph.D Operation Management- Total FeesCompare Fees	₹ 25,82,000Average Package₹ 53,80,000Highest Package100% PlacementCompare Placement Placement Score: 692/1000	4.4 / 5 Based on 28 User ReviewsBest in Infrastructure	#42^th/50 in India 2019 + 3 More

CD Rank	Colleges	Course Fees	Placement	User Reviews	Ranking
#5	Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University], Mumbai Mumbai, Maharashtra \|AICTE, NBA, AACSB Approved CD Score: 1559/2000 NAAC A++	₹ 2,50,000Ph.D Management- Total FeesCompare Fees	₹ 25,13,000Average Package₹ 67,70,000Highest PackageCompare Placement Placement Score: 689/1000	4.1 / 5 Based on 1032 User ReviewsBest in Academics	#6^th/50 in India 2019 + 4 More
#6	KJ Somaiya Institute of Management, Mumbai Mumbai, Maharashtra \|UGC, AACSB Approved CD Score: 1340/2000	₹ 58,000Ph.D Economics- Total FeesCompare Fees	₹ 28,25,000Highest PackageCompare Placement Placement Score: 554/1000	4 / 5 Based on 135 User ReviewsBest in Infrastructure	#7^th/150 in India 2022 + 4 More
#7	Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE), Mumbai Mumbai, Maharashtra \|AICTE Approved CD Score: 1335/2000	₹ 13,325Ph.D Management Studies- Total FeesCompare Fees	₹ 15,10,000Average Package₹ 22,50,000Highest PackageCompare Placement Placement Score: 552/1000	3.8 / 5 Based on 19 User ReviewsBest in Placements	#39^th/50 in India 2019 + 3 More
#8	Symbiosis Institute of Management Studies - [SIMS], Pune Pune, Maharashtra \|AICTE Approved CD Score: 1299/2000 NAAC A++	₹ 1,20,000Ph.D Management- Total FeesCompare Fees	₹ 21,00,000Highest PackageCompare Placement Placement Score: 533/1000	4.1 / 5 Based on 24 User ReviewsBest in Social Life	#25^th/50 in India 2019 More

CD Rank	Colleges	Course Fees	Placement	User Reviews	Ranking
#9	Symbiosis Centre for Information Technology - [SCIT], Pune Pune, Maharashtra \|UGC Approved CD Score: 1227/2000 NAAC A++	₹ 1,20,000Ph.D Management- Total Fees	₹ 11,67,000Average Package₹ 30,00,000Highest Package Placement Score: 494/1000	4.1 / 5 Based on 21 User ReviewsBest in Academics	#94^th/100 in India 2021 + 3 More
#10	SIES College of Management Studies - [SIESCOMS], Navi Mumbai Navi Mumbai, Maharashtra \|AICTE, NBA Approved CD Score: 1220/2000 NAAC B++	₹ 1,00,000Ph.D Management Studies- Total Fees	₹ 9,26,000Average Package₹ 17,00,000Highest Package Placement Score: 490/1000	3.6 / 5 Based on 2 User ReviewsBest in Placements	#24^th/100 in India 2025 + 1 More
#11	Universal AI University, Karjat Karjat, Maharashtra \|AICTE, UGC, NBA, AIU Approved CD Score: 1124/2000	₹ 1,90,000Ph.D Management- Total Fees	₹ 11,37,000Average Package₹ 1,00,00,000Highest Package Placement Score: 440/1000	4.2 / 5 Based on 249 User Reviews	#25^th/100 in India 2025 + 1 More
#12	Dr. D. Y. Patil B-School, Pune Pune, Maharashtra \|AICTE, NBA, AIU Approved CD Score: 1050/2000	₹ 2,25,000Fellow Programme in Management [FPM]- Total Fees	₹ 8,00,000Average Package₹ 24,00,000Highest Package Placement Score: 401/1000	4.1 / 5 Based on 8 User Reviews	#16^th/100 in India 2025 + 1 More

CD Rank	Colleges	Course Fees	Placement	User Reviews	Ranking
#13	MIT World Peace University - [MIT-WPU], Pune Pune, Maharashtra \|PCI, BCI, UGC Approved CD Score: 1545/2000 NAAC A	₹ 1,23,000Ph.D Management- Total FeesCompare Fees	₹ 7,00,000Average Package₹ 51,36,000Highest PackageCompare Placement	3.9 / 5 Based on 908 User ReviewsBest in Infrastructure	--
#14	MET Institute of Management - [MET IOM], Mumbai Mumbai, Maharashtra \|AICTE Approved CD Score: 937/2000 NAAC B+	₹ 80,000Ph.D Management- Total Fees	₹ 7,00,000Average Package₹ 20,00,000Highest Package Placement Score: 341/1000	3.6 / 5 Based on 32 User ReviewsBest in Faculty	#26^th/100 in India 2025 + 2 More
#15	Amity Business School, Mumbai Mumbai, Maharashtra \|AICTE, UGC, AIU Approved CD Score: 934/2000 NAAC A+	₹ 50,000Ph.D Marketing- Total Fees	₹ 6,50,000Average Package₹ 44,00,000Highest Package Placement Score: 339/1000	--	#25^th/100 in India 2025 + 1 More
#16	Bharati Vidyapeeth Institute of Management Studies & Research - [BVIMSR], Navi Mumbai Navi Mumbai, Maharashtra \|AICTE, UGC, NBA Approved CD Score: 909/2000 NAAC A++	₹ 75,000Ph.D Management- Total Fees	₹ 5,50,000Average Package₹ 16,00,000Highest Package Placement Score: 326/1000	3.6 / 5 Based on 16 User ReviewsBest in Infrastructure	#54^th/100 in India 2025 More

CD Rank	Colleges	Course Fees	Placement	User Reviews	Ranking
#17	Vivekanand Business School - [VBS], Mumbai Mumbai, Maharashtra \|AICTE, NBA, AIU, AACSB Approved CD Score: 873/2000	₹ 60,000Fellow Programme in Management [FPM]- Total Fees	₹ 8,50,000Average Package₹ 21,00,000Highest Package81% Placement Placement Score: 307/1000	4 / 5 Based on 48 User ReviewsBest in Infrastructure	#75^th/100 in India 2025 + 3 More
#18	Indira School of Business Studies PGDM - [ISBS PGDM], Pune Pune, Maharashtra \|AICTE, NBA, AIU Approved CD Score: 857/2000	₹ 1,02,500Fellow Programme in Management [FPM]- Total Fees	₹ 21,00,000Highest Package Placement Score: 299/1000	4 / 5 Based on 24 User ReviewsBest in Academics	#81^th/150 in India 2022 + 2 More
#19	VES Institute of Management Studies and Research - [VESIM], Mumbai Mumbai, Maharashtra \|AICTE, NBA Approved CD Score: 821/2000	₹ 70,000Ph.D Management Studies- Total Fees	₹ 6,39,000Average Package₹ 13,80,000Highest Package Placement Score: 280/1000	4 / 5 Based on 64 User ReviewsBest in Faculty	#69^th/100 in India 2024 + 3 More
#20	IES's Management College and Research Centre - [IES MCRC], Mumbai Mumbai, Maharashtra \|AICTE, NBA, AIU Approved CD Score: 718/2000	₹ 72,000Ph.D Management Studies- Total Fees	₹ 8,80,000Average Package₹ 10,00,000Highest Package Placement Score: 225/1000	3.8 / 5 Based on 33 User ReviewsBest in Academics	#53^th/100 in India 2025 + 3 More

CD Rank	Colleges	Course Fees	Placement	User Reviews	Ranking
#21	Sri Balaji University, Pune Pune, Maharashtra \|AICTE, UGC, AIU Approved NAAC A++	₹ 95,000Ph.D Marketing- Total FeesCompare Fees	₹ 8,75,000Average Package₹ 21,58,000Highest Package100% PlacementCompare Placement	4.2 / 5 Based on 225 User ReviewsBest in Faculty	#10^th/100 in India 2025 More
#22	TISS Tata Institute of Social Sciences, Mumbai Mumbai, Maharashtra \|UGC Approved CD Score: 1863/2000 NAAC A	₹ 66,500Ph.D Disaster Management- Total FeesCompare Fees	₹ 28,20,000Average Package₹ 36,25,000Highest PackageCompare Placement Placement Score: 875/1000	4 / 5 Based on 87 User ReviewsBest in Academics	#19^th/50 in India 2019 + 4 More

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