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Top Management Colleges in Maharashtra Mar 2023

List Of 982 Management colleges in Maharashtra

The state of Maharashtra constitutes more than 440 top MBA colleges offering more than 1583 courses. Popular MBA Colleges in Maharashtra include IIM Nagpur, SIBM Pune, IIT Bombay, IMT Nagpur, and  SPJIMR Mumbai. The sole purpose of these colleges is to provide students career growth, better salary packages, and good job profiles. Various specializations are offered by the MBA colleges such as International Business, Finance, Retail Management, Operational Management, Human Resources, Marketing, etc. Some of the entrance exams accepted by the top MBA colleges in Maharashtra are MAT, CAT, XAT, CMAT, ATMA, GMAT, SNAP, IBSAT, MAH MBA CET, NPAT, etc. 

Top MBA Colleges in Maharashtra Highlights

The below table demonstrates some of the key highlights about MBA Colleges in Maharashtra:

Total Number of MBA Colleges in Maharashtra

440+

Approval Authority for MBA Colleges in Maharashtra

Categories of MBA Colleges in Maharashtra

  • Government: 5

  • Private: 371

  • Public: 3

Total Courses Offered by MBA Colleges in Maharashtra

1583

Average Fees

INR 1,00,000 - 25,00,000

Accepted Entrance Exams for MBA Admission in Maharashtra

MAT, CAT, XAT, CMAT, ATMA, GMAT, SNAP, IBSAT, MAH MBA CET, NPAT.

Top MBA Colleges in Maharashtra Eligibility Criteria

Eligibility varies from institution to institution in different MBA colleges. Check the basic eligibility requirements of top MBA colleges in Maharashtra here. Aspirants must have a graduation degree from a recognized institution or university. For many colleges, 50% criteria must be fulfilled in the case of unreserved category and 45% in the case of reserved category.  Students in the final years or whose results are awaited are also eligible to apply for MBA admissions. Some colleges often ask for work experience for providing admission to the MBA program.

Compare Top MBA Colleges in Maharashtra Ranking 

Several agencies release the rankings for the MBA colleges based on certain parameters every year. These parameters can be University Perception, Gender Diversity, Faculty Quality, Extra-Curricular Activities, Placements, etc. Mentioned below you can find the top MBA colleges in Maharashtra rated by NIRF, Outlook, Times BSchool for the year 2021.

Top MBA Colleges in Maharashtra NIRF Rankings 2021 

IIT Bombay has been ranked as the top MBA college in Maharashtra in the NIRF ranking 2021.  Many other top colleges such as the National Institute of Industrial Engineering, Mumbai, Symbiosis Institute of Business Management, S. P. Jain Institute of Management & Research, and many more have gained rankings by NIRF this year. Check the top MBA colleges in Maharashtra based on the NIRF Ranking 2021 below. 

College Name

NIRF 2021 Ranking

NIRF Score

Indian Institute of Technology Bombay

10

68.08

National Institute of Industrial Engineering, Mumbai

12

64.52

S. P. Jain Institute of Management & Research

19

58.73

Symbiosis Institute of Business Management

20

58.64

SVKM's Narsee Monjee Institute of Management Studies

22

57.53

Indian Institute of Management

40

50.62

K.J.Somaiya Institute Of Management

56

46.68

Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development

69

43.99

Principal L N Welingkar Institute of Management Development and Research

72

43.73

Balaji Institute of Management and HRD

76-100

-

Institute Of Management Technology, Nagpur

76-100

-

Pune Institute of Business Management

76-100

-

Vivekanand Education Society's Institute of Management Studies and Research

76-100

-

Top MBA Colleges in Maharashtra Times BSchool Rankings 2021

Check the top MBA colleges in Maharashtra based on the Times BSchool 2021.

College Name

Times BSchool Ranking 2021

K.J. Somaiya Institute of Management, Mumbai

7

SIES College of Management Studies, Mumbai

22

N.L Dalmia Institute of Management Studies And Research, Mumbai

23

Universal Business School, Mumbai

26

MET Institute of Management, Mumbai

28

ITM Business School, Navi Mumbai

28

Durgadevi Saraf Institute of Management Studies, Mumbai

41

Nest Academy Of Event Management And Development (NAEMD), Mumbai

42

Amity Global Business School (AGBS), Mumbai

49

Aditya Institute of Management Studies and Research, Mumbai

58

D.Y.Patil University. School of Management, Mumbai

69

IBSAR, Navi Mumbai

73

Vivekanand Education Society’s Business School, Mumbai

74

Lala Lajpatrai Institute of Management, Mumbai

82

Sasmira's Institute of Management Studies And Research, Mumbai

84

Top MBA Colleges in Maharashtra Outlook Rankings 2021

Check the top MBA colleges in Ahmedabad based on Outlook 2021.

College Name

Outlooks Ranking 2021

S. P. Jain Institute of Management & Research

2

SIBM Pune

3

NMIMS Mumbai

4

Jamnalal Bajaj Institute Of Management Studies -[JBIMS] Mumbai

14

National Institute of Industrial Engineering (NITIE)

17

Prin. L. N. Welingkar Institute of Management Development & Research

21

K J Somaiya Institute of Management, Mumbai 

24

List of Top Government MBA Colleges in Maharashtra with Fee

Here is the list of Top Government MBA Colleges in Maharashtra along with their course fees.

College Name

Average Fees

SJMSOM IIT Bombay - Shailesh J Mehta School of Management Indian Institute of Technology

INR 4.56 Lacs

NITIE Mumbai

INR 3.6 Lacs

JBIMS Mumbai 

INR 3 lacs

IIM Nagpur

INR 2.75 Lacs

SIMSREE Mumbai - Sydenham Institute of Management Studies Research and Entrepreneurship Education

INR 51 K

List of Private MBA Colleges in Maharashtra with Fee

Here is the list of Top Private MBA Colleges in Maharashtra along with their course fees.

Name of the College

Course Fees

SPJIMR, Mumbai

INR 17.5 Lacs

SIBM Pune

INR 9.6 Lacs

SVKM's Narsee Monjee Institute of Management Studies

-

KJ Somaiya SIMSR

-

IMT Nagpur

INR 8.2 Lacs

Welingkar Mumbai - Prin LN Welingkar Institute of Management Development and Research

-

ROI of Top MBA Colleges in Maharashtra

Check out the (Return on Investment) ROI of Top MBA Colleges in Maharashtra in the tabular format below.

*ROI Percentage={(Average Placement Package)/(Average Annual Fee)}*100%

College Name

Total Fees

Average Placement Package

ROI Rank*

NITIE Mumbai

INR 3,60,000

INR 19,77,000

1

IIT Bombay

INR 4,24,000

INR 20,80,000

2

IMED Pune

INR 2,42,000

INR 7,00,000

3

KJ SIMSR Mumbai

INR 3,30,000

INR 9,40,000

4

NMIMS Mumbai

INR 9,25,000

INR 17,58,000

5

SIBM Pune

INR 9,60,000

INR 17,48,000

6

SPJIMR Mumbai

INR 17,50,000

INR 22,90,000

7

IMT Nagpur

INR 8,20,000

INR 7,64,000

8

BITSoM

INR 24,50,000

-

-

MBA Colleges in Maharashtra with Fee Structure

Check the MBA colleges in Maharashtra and their fee structure provided below.

Name of the College

Course Fees

IIT Bombay 

INR 9.55 Lacs

National Institute of Industrial Engineering 

INR 10.83 Lacs

S. P. Jain Institute of Management and Research (SPJIMR, Mumbai)

INR 8.00 Lacs - INR 17.50 Lacs

Symbiosis Institute of Business Management

INR 14.40 Lacs - INR 25.40 Lacs

School of Business Management SVKM's Narsee Monjee Institute of Management Studies, Mumbai

INR 20.84 Lacs

IIM Nagpur 

INR 13.74 Lacs

K. J. Somaiya Institute of Management Studies & Research 

INR 16.19 Lacs

IMT Nagpur 

INR 11.94 Lacs

Bharati Vidyapeeth’s Institute of Management and Entrepreneurship Development 

INR 4.50 Lacs

Principal L N Welingkar Institute of Management Development and Research 

INR 1.60 Lacs

MBA Colleges in Maharashtra with Placement

Check the top MBA colleges in Maharashtra along with the average salary offered by them during placements as prescribed below.

MBA Colleges in Maharashtra

Average Salary

SPJIMR Mumbai

INR 22,09,000

IIT Bombay

INR 20,08,000

NMIMS Mumbai

1NR 17,58,000

KJ SIMSR Mumbai

INR 9,04,000

IMT Nagpur

INR 7,64,000

MBA Colleges in Maharashtra with Cutoff

The cutoff percentile of MBA colleges in Maharashtra is listed below.

SPJIMR Mumbai Cutoff

IIT Bombay Cutoff

NMIMS Mumbai Cutoff

KJ SIMSR Mumbai Cutoff

IMT Nagpur Cutoff

NITIE Mumbai Cutoff

Top MBA Colleges in Maharashtra Accepting MBA Entrance Exam Scores

Candidates are shortlisted for MBA admission based on their performance in the entrance exams such as MAT, CAT, XAT, CMAT, ATMA, GMAT, etc. Candidates can check the list of MBA colleges in Maharashtra prescribed below accepting such entrance exams. Here is the picture below depicting the top MBA colleges in Maharashtra accepting MBA entrance exam scores.

Entrance Exams

Number of Colleges

CMAT

137

CAT

75

MAT

52

MAH CET

43

XAT

38

ATMA

17

GMAT

10

SNAP

9

MHCET MBA

4

JEE Mains

3

NMAT

2

Also Check:

Top MBA Colleges in Maharashtra Accepting CAT Scores

Top MBA Colleges in Maharashtra Accepting MAT Scores

Top MBA Colleges in Maharashtra Accepting MAH CET Scores

Top MBA Colleges in Maharashtra Accepting CMAT Scores

Top MBA Colleges in Maharashtra Accepting XAT Scores

Top MBA Colleges in Maharashtra Accepting ATMA Scores

MBA Specialisations Offered in Maharashtra

Various specializations are offered by the top MBA colleges in Maharashtra to aspirants based on their interests. The specializations include Finance, Marketing, Human Resource Management, General Management, International Management, Operations Management, etc. Refer to the top 10 MBA specializations offered in Ahmedabad below.

Specializations

Number of Colleges

Business Administration

194

Finance

138

Marketing

135

Human Resource Management

135

General Management

123

International Management

68

Operations Management

66

Supply Chain Management

38

Entrepreneurship

34

Information Technology

33

Top Recruiters of MBA Graduates in Maharashtra

Here are the top recruiters of MBA graduates at top MBA colleges in Maharashtra.

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Jamnalal Bajaj Institute of Management Studies

  • Approved by: AICTE
  • Type: Private
Jamnalal Bajaj Institute of Management Studies is one of the top MBA colleges in Mumbai, established in 1965. It’s a private institution, approved by AICTE. The JBIMS Mumbai courses are PGDM, PGD, MBA & MMS. The admission process is simple and straightforward. The JBIMS admissions are based on the entrance exam and merit scores. The placement record of this institution is wonderful. The average placement package is Rs 27.63 LPA. The highest JBIMS Mumbai placements salary package is Rs 42 LPA. The top recruiters of this institution are Accenture, Deloitte, E&Y, DE Shaw & Co., Infosys, Piramal, HDFC Bank and many more.
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SJMSOM Mumbai

  • Approved by: AICTE
  • Type: Private
Shailesh J. Mehta School of Management, popularly known as SJMSOM, is a part of IIT Bombay, established in 1995. SJMSOM offers a two-year flagship MBA programme. SJMSOM IIT Bombay accepts the scores of CAT /GMAT for its Masters's programme in Management. The admissions at SJMSOM IIT Bombay are based on CAT scores and past academic records, followed by personal interview. SJMSOM highest package 2022 offered was Rs 49 LPA, whereas the average package stood at Rs 29.9 LPA. SJMSOS top recruiters include Amazon, Flipkart, TVs, and Asian Paints.
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NITIE Mumbai

  • Approved by: AICTE
  • Type: Public
  • NIRF Ranking: 9
NITIE Mumbai is popular for Industrial Engineering and Management courses in India. NITIE offers multiple PG Diploma courses such as Industrial Engineering, Industrial Management, Sustainable Management and many more. For admission at NITIE Mumbai, a valid score in CAT is mandatory. The highest salary package offered ay NITIE placements goes up to Rs 44 LPA, and the average salary goes up to Rs 20 LPA. Some of the popular companies visiting the NITIE campus include Axis Bank, Amazon, RBL Bank and many more.
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SP Jain Institute of Management and Research

  • Approved by: AICTE NBA AMBA AACSB
  • Type: Private
  • NIRF Ranking: 21
SP Jain Institute of Management and Research (SPJIMR) is a private business school, established in 1981. It’s one of the top MBA colleges in Mumbai, accredited by AIU. The SPJIMR NIRF ranking is 21 in the management category. The popular courses offered at this institution are PGDM & PGPM. The average package offered at SP Jain Institute of Management and Research placements is Rs 23.6 LPA.
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KJ SOMAIYA Mumbai

  • Approved by: SAQS AACSB AIU MHRD ISO NBA AICTE
  • Type: Private
  • NIRF Ranking: 71
KJ Somaiya Institute of Management was founded in 1981 in Mumbai as a private B-school. KJ SOMAIYA Mumbai is one of the best management colleges in India, ranking in the top amongst full & part-time MBA colleges. KJ Somaiya Institute of Management ranks 71st in the list of NIRF 2022 top Management colleges in India. KJ SOMAIYA Mumbai MBA admissions are offered on the basis of CAT/ XAT / CMAT/ NMAT scores followed by personal interview. KJ SOMAIYA Mumbai highest salary package offered was Rs 26.5 lakh per annum.
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NMIMS Mumbai

  • Approved by: UGC NAAC NBA AICTE
  • Type: Deemed University Private
  • NIRF Ranking: 89
Narsee Monjee Institute of Management Studies was established in 1981 and has since grown to become a globally renowned institution. The Shri Vile Parle Kelavani Mandal (SVKM), recognised for its social concern, decided to meet India's growing demand for management institutes. The University Grants Commission and the Ministry of Education have authorised the institute, and it is accredited by the NAAC and NBA. The management college is AACSB certified, while the Bengaluru and Hyderabad programmes are AMBA accredited. The Mumbai University was the first to recognise the institute. NMIMS currently offers 17 specialised schools and 16 fields. Management, business, commerce, and economics, pharmaceutical sciences, engineering, and technology management are among the programmes offered.
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  • MBA (464)
  • PGDM (137)
  • BBA (222)
  • PGD (132)
  • Certificate (105)
  • Diploma (97)
  • MMS (90)
  • BMS (121)
  • Executive MBA (33)
  • PGPM (13)
Sydenham Institute of Management Studies, Research, and Entrepreneurship Education (SIMSREE) was established in 1983 located in Mumbai, as a private institute. The college is approved by the AICTE and is affiliated to Mumbai University. It is one of the top and most popular Management institutes in India and offers PG and PhD courses in various specializations. The institute offers Full-time Masters Program in specializations of Finance, HR, Marketing, Operations and Systems and a part-time master’s program in Marketing and Finance. SIMSREE accepts merit scored in national level examinations of - MAH CET or CAT/ XAT/ MAT along with the merit scores.
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SIMS Pune

  • Approved by: UGC NAAC AICTE
  • Type: Private
Symbiosis Institute of Management Studies or SIMS Pune is one of the best MBA colleges in India. SIMS Pune offers full-time MBA and MBA Executive programme of two year. The admission to SIMS Pune is based on the past academic records and Symbiosis National Aptitude (SNAP) Test. SIMS Pune placement 2022 shows a remarkable record. The highest salary offered at Symbiosis Institute of Management Studies was 26.5 lakh per annum, whereas average salary stood at Rs 10.66 lakh per annum. SIMS Pune top recruiters include Deloitte, Google, EY, Axis Bank, and Accenture.
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DYPUSM Mumbai

  • Approved by: UGC NAAC
  • Type: Private

DYPUSM Mumbai also known as DY Patil University School of Management is amongst the popular management institutes in Mumbai and is accepted by UGC and AICTE. The university is approved by NAAC-A Grade. DY Patil University School of Management Mumbai (DYPUSM) provides UG and PG courses like BBA and MBA. The university accepts admission on a merit basis in the university entrance exam. The annual fee for the MBA programme ranges between Rs 5,00,000 - 6,30,000.

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The International Institute of Sports & Management (IISM), established in 2010, is the pioneer of sports & management education in India, It is approved by the University of Mumbai & GICED. The institute offers various sports courses at UG and PG levels namely Bachelor of Sports Management (BSM), Bachelor of Sports Science (BSS), Master of Sports Management (MSM), Master of Sports Science (MSS), and PGP in Sports Management. Admission to management courses is based on marks scored in SMAT entrance For sports science courses, the institute accepts SSAT scores.
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G.H. Raisoni Institute of Management & Research

  • Approved by: NAAC AICTE
  • Type: Private
The G.H. Raisoni Institute of Management and Research is located in Nagpur, Maharashtra, India. GHRIMR is a private institution that was founded in 2008. It is a NAAC and AICTE-accredited college. G.H. Raisoni Institute of Management & Research provides two courses in two fields: management and information technology. MBA and MCA are popular degrees at G.H. Raisoni Institute of Management & Research. The placement choices at G.H. Raisoni Institute of Management & Research are diverse, offering opportunities in both the corporate and public sectors, as well as entrepreneurship.
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Lexicon MILE Pune

  • Approved by: AICTE MHRD
  • Type: Private
Lexicon Management Institute of Leadership & Excellence was founded in 2009 in Pune. Lexicon MILE Pune offers full-time MBA/Global MBA programme that has been authorised by the AICTE and has a dual speciality. For admission to its MBA and Global MBA programmes, Lexicon MILE Pune accepts a valid scores of CAT/ CMAT/ MAT/ GMAT/ XAT/ ATMA/ MAH MBA CET. Lexicon MILE offers excellent placement opportunities for their MBA students. The highest salary offered during placement drive 2022 was Rs 18 LPA . Lexicon MILE top recruiters include Mahindra, Kotak Life Insurance, Zolo, Fab Hotels, and TCS.
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PBS Pune

  • Approved by: AICTE
  • Type: Private
Pune Business School, or PBS Pune, was established in 2020 and is approved by the All India Council for Technical Education (AICTE). The PBS Pune courses are offered at the PG level in the field of management. PBS Pune offers a Postgraduate Diploma in Management, or PGDM, which is a two year full-time course with an intake of 120 students. The PBS Pune PGDM courses are offered in various specialisations such as marketing, human resources, business analytics, finance, IT management, etc. The PBS Pune fees for PGDM is Rs 5,50,000 for two years. To be eligible for PBS Pune admission to PGDM courses, candidates must appear for the CAT/XAT/MAT/CMAT/ATMA/GMAT and get valid scores. Candidates in their final year of bachelor’s degree are also eligible to apply for PBS Pune admissions. During the PBS Pune placement drives, more than 600 companies visit every year. The highest package offered to the students was Rs 32 LPA. Some of the top recruiters that have participated during the PBS Pune placement drive are KSB Pumps, Alfa Laval, Godrej, Minda, KPIT, Cummins, Whirlpool, Volkswagen, Atlas Copco etc.
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Kirloskar Institute of Advanced Management Studies, or KIAMS Pune Campus, was established in 2010. The institute is approved by the All India Council for Technical Education (AICTE). The KIAMS courses are offered at the PG level in the field of management. The Postgraduate Diploma in Management, or PGDM, is a two year full-time course spread over six trimesters. KIAMS PGDM courses are offered in various specialisations such as marketing management, human resource management, business analytics, financial management, and operations management. The KIAMS Pune fees for PGDM is Rs 12,50,000 for two years. KIAMS Pune admissions to PGDM courses are determined on the basis of CAT/XAT/CMAT/GMAT/MAT/ATMA/MHCET scores. To be eligible for KIAMS admission to PGDM courses, candidates must have a bachelor’s degree from a recognised university in any discipline with a minimum of 50% overall marks. Candidates who are in their final year can also apply. KIAMS Pune had a 100% record during the KIAMS placement in 2021. The highest package offered to the students was Rs 14.50 LPA and the average package was Rs 7.5 LPA. Some of the top recruiters that have participated in the KIAMS Pune placement drive every year are Accenture, HDFC Bank, Berger Paints, Bajaj Housing, Capgemini, L'Oreal, Oyo, and Amazon.
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Sanjay Ghodawat University

  • Approved by: UGC AICTE
  • Type: Private

SIESCOMS Mumbai

  • Approved by: AICTE ACBSP
  • Type: Private
SIES Colleges of Management Studies (SIESCOMS) is one of the top MBA colleges in Mumbai, established in 1995. It’s approved by AICTE. The most popular SIESCOMS Mumbai courses are PGDM & MMS. Students seeking admission to this institution must appear in the entrance exam and qualify for the merit scores. The SIES placement report is good.
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PUMBA Pune

  • Approved by: UGC NAAC AICTE
  • Type: Private

Department of Management Sciences, Savitribai Phule Pune University, or PUMBA, was established in 1971. The university is accredited by the NAAC with an "A" grade and recognised by the UGC. PUMBA offers MBA courses in various specialisations. To be eligible for admission at PUMBA, candidates must have a bachelor's degree with a minimum of 50% marks. PUMBA admissions will be based on the CMAT/CAT/MH-CET scores. Some of the top companies that participate in the PUMBA placement drive are Axis, Kotak, Bank of Baroda, HDFC Bank, etc. For Department of Management Sciences placement, the highest CTC has been Rs 13.55 LPA and the average CTC has been Rs 6.74 LPA. PUMBA MBA admissions for Maharashtra candidates are contingent on a valid MAH CET exam score from DTE Maharashtra. A valid score in CMAT/ CAT/ MAH CET, on the other hand, works well for candidates from outside Maharashtra.

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BIMM Pune

  • Approved by: AICTE AIU MHRD
  • Type: Private
Balaji Institute of Modern Management, or BIMM, is a private management institute established in Pune. The institute is approved by the All India Council for Technical Education (AICTE). The BIMM Pune courses are offered at the postgraduate level in the field of management. BIMM Pune offers MBA courses that have a duration of two years. The BIMM Pune MBA fees is Rs 10,70,000 for two years. To be eligible for BIMM Pune admission to MBA courses, candidates must have a bachelor’s degree with a minimum of 50% marks. Candidates who are in their bachelor’s degree final year are also eligible to apply. BIMM Pune admissions are based on marks obtained in CAT/MAT/XAT/CMAT or MH-CET. In the BIMM Pune placement drive of 2022, 100% of the students were placed in top reputed companies. Some of the top recruiters are Deloitte, Cognizant, BigBasket, Bajaj Housing Finance, and HCL.
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Suryadatta Group of Institutes

  • Approved by: AICTE AIMA ISO DTE
  • Type: Private
Suryadatta Group of Institutes was established in the year 1999 in Pune, Maharashtra. This institute is approved by AICTE. SGI offers MBA courses in various specialisations such as marketing, finance, human resource, business analytics, operations and supply chain. To be eligible for SGI admission, candidates must have at least 50% marks in a bachelor's degree in any stream.SGI Pune admissions are based on CAT/MAT/XAT/CMAT/MH-CET scores. Qualified candidates are then called for GD and PI. Some of the top recruiters who recruit students during the SGI placements are Aamby Valley, Lavasa City, Kool Homes, Amanora City, Brintons Carpets Asia Pvt Ltd, Morphogenesis, Elephant Design, etc.
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Flame University

  • Approved by: UGC AICTE
  • Type: Private
FLAME University is a private management university established in Pune. The university is approved by the All India Council for Technical Education (AICTE). The FLAME University courses are offered at the postgraduate level in the field of management. FLAME University offers MBA courses in various specialisations such as marketing, human resources, business analytics, finance, etc. The FLAME University MBA courses have a duration of two years. To be eligible for FLAME University admission to MBA courses, candidates must have a bachelor’s degree with a minimum of 50% marks. FLAME University admissions to MBA courses are based on marks obtained in the CAT/MAT/XAT/CMAT/MH-CET. In the FLAME University placement drive of 2022, 100% of the students were placed in top-notch companies. The average salary package offered to the students was Rs 7.3 LPA. Some of the top recruiters are ICICI Bank, FIS Global, Kotak Bank, TCS, HDFC Bank, and Xiaomi Technology.
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VBS Mumbai

  • Approved by: AICTE NBA AIU
  • Type: Private
Vivekanand Business School Mumbai (VBS Mumbai) is a private institution, approved by AICTE. It’s one of the top MBA colleges in Mumbai. The most popular VBS Mumbai course is PGDM. The application mode of this institution is online. The VBS Mumbai admission criteria are an entrance exam, personal interview and group discussion. The institute has an active placement to control the placement process.
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Arihant Institute of Business Management was founded in 2005 in Pune. AIBM is approved by AICTE, affiliated with Savitribai Phule Pune University, and recognised by DTE and the Government of Maharashtra. AIBM courses include MBA courses of 2 years' duration. The MBA courses are offered in a number of specialisations, namely marketing management, financial management, information technology management, etc. Candidates must graduate with atleast 50% marks as per AIBM eligibility criteria. Candidates' admission will depend on their performance in CAT, CMAT, or MHCET.
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Bunts Sangha's Uma Krishna Shetty Institute of Management Studies and Research is located at Kurla, Mumbai, established in 2012. It’s a co-ed institution and one of the top MBA colleges in Mumbai. UKS Institute of Management Studies and Research offers a PGDM degree in various specialisations. The application mode of this institution is offline. The highest UKS Institute of Management Studies and Research placements package is Rs 7 LPA.
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MIT School of Management

  • Approved by: AICTE
  • Type: Private
MIT School of Management, or MITSOM, was established in 1987 in Pune. MITSOM Pune courses are offered at the postgraduate level in the field of management. The MITSOM Pune MBA programme is a full-time two year course. To be eligible for FLAME University admission to MBA courses, candidates must have a bachelor’s degree with a minimum of 50% marks. MITSOM Pune admissions to MBA courses are based on CAT/MAT/XAT/CMAT/MH-CET scores. In the MITSOM Pune placement drive, 95% of the students were placed in top companies. The highest package offered to the students was Rs 7 LPA, and the average salary package offered was Rs 4 LPA.
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IIEBM Indus Business School, Pune

  • Approved by: AICTE MHRD Govt. of India
  • Type: Private
IIEBM was established in 2000 in Pune. The institute is approved by the All India Council for Technical Education (AICTE). IIEBM courses are offered at the PG level in the field of management. The IIEBM PGDM course is a full-time two year programme. To be eligible for IIEBM admission to PGDM courses, candidates must have a bachelor’s degree with a minimum of 50% marks. IIEBM PGDM admissions are determined on the basis of CAT/MAT/XAT/CMAT/ATMA scores. Some of the top recruiters who participate in the IIEBM placement drive every year are Deloitte India Ltd., Persistent Systems, Aditya Birla Capital, Capgemini, Asian Paints, PUMA, Eclerx, S G Analytics, S & P Global, ATOS Syntel, AXA, OYO, Byju's, Pepsico, HFFC, ITC, Britannia, Vedantu, Upgrad, and Byju's.
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RCOEM Nagpur

  • Approved by: NAAC AICTE
  • Type: Private
  • NIRF Ranking: 146

MIMA Institute of Management

  • Approved by: AICTE Government of India Ministry of HRD
  • Type: Private
Mitcon Institute of Management, also known as MIMA is situated in Balewadi, Pune, established in 2005 by MITCON Foundation associated with MITCON Consultancy and Engineering Services Ltd. MIMA offers PGDM/MBA courses in 3 disciplinary fields approved by AICTE mainly, Business Management, Agri-business management, and Pharmaceutical Management. Candidates with a minimum of 50% marks in graduation from any recognised university and with a valid score in national level entrance tests CAT/ MAT/ XAT/ ATMA/ CMAT/ GMAT and CET-MAH-MBA/MMS (conducted by DTE, Maharashtra State) are eligible to apply for PGDM Business Administration. For PGDM Agri-Business Management, one should have Bachelor’s Degree in any life sciences subject, and for PGDM Pharmaceutical management university accepts Bachelor’s Degree in Pharmacy, Life Sciences subjects, Medicine (MBBS), Veterinary Sciences, BAMS, BUMS, or BHMS. Mitcon Institute of Management offers 100% placements in big firms like HDFC Bank, ICICI Bank, Nestle, Byju’s, Ups Logistics, Merck (India) Ltd, Tommy Hilfiger, etc.
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Garware Institute of Career Education and Development (GICED) is a private institution, established in 1981. It’s one of the top MBA colleges in Mumbai. The most popular GICED Mumbai courses are PGDM & BA. The admission process is simple. Students who are willing to get Garware Institute of Career Education and Development Mumbai admission must appear in the entrance exam and qualify for the merit scores. The institution has a good placement record.
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Chetan Dattaji Gaikwad Institute of Management Studies is one of the popular management institutes in Pune affiliated with Savitribai Phule Pune University (SPPU) and has received accreditation from NAAC, DTE and AICTE. Moreover, the institute has a high placement record, making it one of the good choices for students. Average salary of a management student after the placement drive is Rs 4 LPA. Candidates seeking admission must pass one of the following entrance tests (MHCET/CMAT/MAT/CAT/XAT/ATMA/AMMI) administered by DTE.
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Aditya Institute of Management Studies and Research (AIMSR) is one of the top MBA colleges in Mumbai, established in 2011. It’s affiliated to the University of Mumbai and approved by AICTE. The most popular AIMSR Mumbai courses are PGDM & MMS. Admission to this institution is based on the entrance exam and merit scores. The campus is well-equipped with modern amenities. The Aditya Institute of Management Studies and Research placements report is wonderful.
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FAQs

Which entrance exams are accepted by the MBA colleges in Maharashtra?

MBA colleges in Maharashtra either conduct the institute level entrance exam or accept the national level exams such as CMAT, CAT, XAT, MAT, ATMA, GMAT, SNAP etc.

Which are the top MBA specialisations in Maharashtra?

The most popular MBA specialisations in Maharashtra include Finance, Marketing, International Business, Entrepreneurship, Human Resource Management etc.

Which MBA colleges in Maharashtra offer education through distance learning?

The MBA colleges in Maharashtra that provide distance learning education are Dhanwate National College (DNC), Nagpur, Institute of Sports Science & Technology (ISST PUNE), Pune, Kazian Global School of Business Management (KSBM), Mumbai, Knowledge++ Institute of IT & Management (KIITM), Thane and MIT School of Distance Education (MITSDR), Nagpur etc.

Which MBA colleges in Maharashtra charge less than 1 Lakh?

The MBA colleges in Maharashtra that charge less than 1 Lakh per semester are Garware Institute of Career Education and Development (GICED), Mumbai, Jaipuria Institute of Management - JIM, Noida, Institute of Management Studies (IMS), Noida, K. J. Somaiya Institute of Management Studies and Research (KJ SOMAIYA), Mumbai, Neville Wadia Institute of Management Studies and Research (NWIMSR Pune), Pune and many more.

Does Maharashtra have Public colleges that provide the MBA programme?

Yes, Maharashtra does provide MBA education through Public colleges such as National Institute of Industrial Engineering (NITIE), Mumbai, National Institute of Securities Markets (NISM), Navi Mumbai, Kohinoor Business School (KBS), Mumbai, Indian Aerospace & Engineering, Mumbai, Shri Binzani City College (SBCC), Nagpur etc.

Which are the top private MBA colleges in Maharashtra?

The top private MBA colleges in Maharashtra that provide admission to the candidates are Shailesh J Mehta School of Management (SJMSOM), IIT Bombay, Symbiosis Institute of Management Studies (SIMS), Pune, Garware Institute of Career Education and Development (GICED), University of Mumbai, Mitcon Institute of Management (MITCON), Pune, Thadomal Shahani Centre for Management (TSCFM), Mumbai and many more.

Do MBA colleges in Maharashtra consider the CAT scores for admissions?

Yes, plenty of MBA colleges in Maharashtra consider the CAT scores for admission to the institute. Some of them are Aditya Institute of Management Studies and Research (AIMSR), Mumbai, Amity University, Mumbai, International School of Business and Media - (ISB&M), Pune, Universal Business School (UBS), Karjat, Mumbai, Institute of Business Studies and Research (IBSAR), Navi Mumbai etc.

Which MBA colleges in Maharashtra accept the CMAT scores?

Popular MBA colleges in Maharashtra that accept the CMAT scores are Suryadatta Group of Institutes (SGI), Pune, Thadomal Shahani Centre for Management (TSCFM), Mumbai, Mitcon Institute of Management (MITCON), Pune, Aditya Institute of Management Studies and Research (AIMSR), Mumbai, D Y Patil University School of Management - (DYPUSM), Mumbai etc.

Which city has the most MBA colleges in Maharashtra?

Cities such as Pune, Mumbai, Nashik, Thane and Aurangabad have the maximum number of MBA colleges in Maharashtra.

How many MBA colleges are available in Maharashtra?

There are more than 928 colleges in Maharashtra that offer an MBA programme.

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