Top MBA College in Maharastra 2024

Master of Business Administration (MBA) is a postgraduate degree in the management field. Various top MBA colleges in Maharashtra offer specialisations like human resource, marketing, finance, supply chain management, etc. Students can get admission to top MBA colleges in Maharashtra to kick-start their career in management. Candidates who wish to get admission to the MBA colleges in Maharashtra must fulfill the eligibility criteria. The basic eligibility criteria for the MBA is a minimum of 50% marks in the graduation level from a recognized university. 

MBA degree holders can easily attain recognition in the business world. Admission to the top MBA colleges in Maharashtra is made based on the marks obtained in the common entrance exams such as CAT, MAT, XAT, GMAT, MAH CET, etc. Maharashtra has some of the prestigious institutions that offer MBA programs. There are several top MBA Colleges in Maharashtra where people from different states migrated to Maharashtra for career growth. 

Best MBA Colleges in Maharashtra by NIRF Ranking 2024

NIRF (National Institutional Ranking Framework) releases the list of the best MBA Colleges in India. The colleges’ ranking is determined based on specific parameters like teaching, learning, resources, outreach and inclusivity, research and professional practice, peer perception, and graduation outcome.

College Name NIRF ranking NIRF Score
Indian Institute of Management Mumbai 6 74.73
Indian Institute of Technology Bombay 10 67.16
S. P. Jain Institute of Management and Research 20 60.97
SVKM`s Narsee Monjee Institute of Management Studies 21 60.96
K J Somaiya Institute of Management Studies and Research 63 49.66
Prin. L.N. Welingkar Institute of Management Development and Research (PGDM) 84 46.53
Indian Institute of Management Nagpur 31 56.94
Symbiosis Institute of Business Management 13 65.13
National Institute of Bank Management 91 44.85

Top MBA College in Maharashtra: Annual Fees & Seat Intake 

College Name Annual Fees (In INR) Seat Intake
Shailesh J. Mehta School of Management, IIT Bombay INR 14.36 LPA 150
Indian Institute Of Management–Mumbai INR 21 LPA 446
S. P. Jain Institute of Management & Research INR 24 LPA 240
NMIMS School of Business Management INR 11.95 LPA 600
Symbiosis Institute of Business Management (SIBM) Pune INR 18.70 LPA 240
K J Somaiya Institute of Management INR 23.12 LPA 600
International Institute of Management Studies - [IIMS], Pune INR 9.27 LPA 420
Lexicon MILE - Management Institute of Leadership and Excellence INR 15.95 LPA 300
Institute of Management Technology Nagpur INR 15 LPA 360
Vivekanand Business School (VBS) INR 10 LPA 180

 Top Govt. MBA College in Maharashtra 

College Name Eligibility Entrance Exams Accepted
IIM Mumbai (NITIE) Graduation with 60% aggregate CAT
IIM Nagpur Graduation with 50% aggregate CAT
Savitribai Phule Pune University Class 12 and Graduation with 50% aggregate MAH-CET, CAT, CMAT, MAT, XAT, etc.
Shailesh J. Mehta School of Management Graduation with 60% aggregate CAT

Top Private MBA College in Maharashtra

College Name Eligibility Entrance Exams Accepted
ITM Business School Graduation with 50% aggregate MAT, XAT, CAT, NMAT, etc.
NMIMS School of Business Management Graduation with 55% aggregate NMAT
symbiosis institute of business management (SIBM) Graduation with 50% aggregate SNAP
S. P. Jain Institute of Management & Research Graduation with 50% aggregate CAT
K J Somaiya Institute of Management Graduation with 50% aggregate XAT, CAT, NMAT, etc.
Pune Institute of Business Management (PIBM) Class 12 and Graduation with 50% aggregate CAT, XAT, MAT, CMAT, MAH-CET

Top MBA College in Nagpur

College Name Average Package Top Recruiters
Indian Institute of Management–Nagpur (IIM–Nagpur) INR 16.29 LPA Adani, Deloitte, Genpact, IBM, Cognizant, Accenture, HCL Tech
Institute of Management Technology (IMT) Nagpur INR 10.81 LPA Capgemini, Cognizant, Wipro, EY, Bata, Dell
Symbiosis Institute of Business Management (SIBM) Nagpur INR 8.60 LPA Digit, Adani, KPMG, HCL
Dr. Ambedkar institute of management studies and research INR 8 LPA D Mart, Tech Mahindra, vivo, Mahindra tech, L&T Infotech

Top MBA College in Mumbai

College Name Average Package Top Recruiters
Indian Institute Of Management (IIM) Mumbai INR 29.44 LPA American Express, Accenture, Axis Bank, Abbott, Cipla, Wipro
S. P. Jain Institute of Management and Research (SPJIMR) INR 33.02 LPA Amazon India, ITC, Axis, Deloitte, American Express
NMIMS School of Business Management Mumbai INR 25.13 LPA Accenture, Fidelity Investments, Firstsource, Titan Industries, Aegis Global
Welingkar Institute of Management Development and Research INR 7.76 LPA Accenture, Amazon, Reliance, EY, Adani Group, Morgan Stanley, ICICI Bank

Top MBA College In Pune 

College Name Average Package Top Recruiters
Symbiosis Institute of Business Management (SIBM) Pune INR 28.16 LPA Accenture, Aditya Birla Group, Amazon, Bajaj Auto, Capgemini, Dabur India
National Institute of Bank Management INR 14.23 LPA Airtel Payment Bank, Accenture, Bandhan Bank, Axis Bank, BNY Mellon etc
Pune Institute of Business Management (PIBM) INR 9.5 LPA Amazon, Deloitte, Federal Bank, KPMG, Barclays, Accenture, BNY Mellon, PWC, Citco, Wipro, Xiaomi, Flipkart, Loreal, Grant Thornton, etc.
National Insurance Academy INR 12.5 LPA Tata AIA, Bajaj Allianz,SBI General
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Showing 319 Colleges

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# 3 NIRF

IIT Bombay

Mumbai, Maharashtra Public 4.3 # 3 NIRF
Courses Offered

13 Courses

Exam Accepted

CEED , IIT JAM
Tuition Fees Range ₹20 K-36 L
Accreditation -/-
# 37 NIRF

UniPune (SPPU)

Pune, Maharashtra Public 3.3 # 37 NIRF
Courses Offered

32 Courses

Exam Accepted

MAH MBA/MMS CET
Tuition Fees Range ₹2 K-1.78 L
Accreditation NAAC
# 52 NIRF

SIU Pune

Pune, Maharashtra Private 4.0 # 52 NIRF
Courses Offered

19 Courses

Exam Accepted

-/-
Tuition Fees Range ₹1.32 L-13 L
Accreditation NAAC-A
# 63 NIRF

Dr. D.Y. Patil Vidyapeeth, Pune

Pune, Maharashtra Public 2.6 # 63 NIRF
Courses Offered

14 Courses

Exam Accepted

CAT , NEET
Tuition Fees Range -/-
Accreditation -/-

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Mumbai University

Mumbai, Maharashtra Public 3.6
Courses Offered

43 Courses

Exam Accepted

NATA
Tuition Fees Range ₹2 K-2.70 L
Accreditation NAAC

SIMC Pune

Pune, Maharashtra Private 4.1
Courses Offered

2 Courses

Exam Accepted

SNAP
Tuition Fees Range ₹9.95 L-13 L
Accreditation NAAC

JBIMS Mumbai

Mumbai, Maharashtra Private 3.9
Courses Offered

7 Courses

Exam Accepted

-/-
Tuition Fees Range ₹1.02 L-3.05 L
Accreditation -/-

SIDTM

Pune, Maharashtra Private 4.5
Courses Offered

1 Courses

Exam Accepted

SNAP
Tuition Fees Range ₹15.64 L
Accreditation NAAC-A

Pune Institute of Business Management

Pune, Maharashtra Private 4
Courses Offered

1 Courses

Exam Accepted

ATMA
Tuition Fees Range ₹7.45 L-7.45 L
Accreditation NAAC

NL Dalmia Institute

Mumbai, Maharashtra Private
Courses Offered

4 Courses

Exam Accepted

ATMA
Tuition Fees Range ₹8.70 L
Accreditation NAAC-A , NIRF

SIIB Pune

Pune, Maharashtra Private 4.0
Courses Offered

1 Courses

Exam Accepted

SNAP
Tuition Fees Range ₹14.69 L
Accreditation NAAC

Kishinchand Chellaram College

Mumbai, Maharashtra Private 4.1
Courses Offered

8 Courses

Exam Accepted

-/-
Tuition Fees Range -/-
Accreditation NAAC
Courses Offered

4 Courses

Exam Accepted

CMAT
Tuition Fees Range ₹1.73 L-3.82 L
Accreditation NBA

SCMHRD Pune

Pune, Maharashtra Private 3.8
Courses Offered

2 Courses

Exam Accepted

SNAP
Tuition Fees Range ₹5.92 L-21.22 L
Accreditation -/-

RCOEM

Nagpur, Maharashtra Private 3.5
Courses Offered

5 Courses

Exam Accepted

-/-
Tuition Fees Range ₹1.85 L-4.74 L
Accreditation -/-

Symbiosis Pune (SCIT)

Pune, Maharashtra Private 3.7
Courses Offered

1 Courses

Exam Accepted

-/-
Tuition Fees Range ₹14.56 L
Accreditation NAAC

Indira Institute of Management - IIMP

Pune, Maharashtra Private 3.1
Courses Offered

3 Courses

Exam Accepted

CAT
Tuition Fees Range ₹3.35 L-6.70 L
Accreditation -/-

SIBM Pune

Pune, Maharashtra Private 4.1
Courses Offered

2 Courses

Exam Accepted

SNAP
Tuition Fees Range ₹6.60 L-23.03 L
Accreditation NAAC

SJMSOM

Mumbai, Maharashtra Public 4.2
Courses Offered

3 Courses

Exam Accepted

-/-
Tuition Fees Range ₹13.93 L-42 L
Accreditation -/-

SIMS Pune

Pune, Maharashtra Private 3.6
Courses Offered

2 Courses

Exam Accepted

SNAP
Tuition Fees Range ₹5.50 L-12.43 L
Accreditation -/-
Courses Offered

4 Courses

Exam Accepted

-/-
Tuition Fees Range -/-
Accreditation -/-
Courses Offered

6 Courses

Exam Accepted

MAH MBA/MMS CET
Tuition Fees Range -/-
Accreditation -/-

SIOM Nashik

Nashik, Maharashtra Private 3.4
Courses Offered

1 Courses

Exam Accepted

-/-
Tuition Fees Range ₹17.42 L
Accreditation NAAC

SICSR Pune

Pune, Maharashtra Private 2.5
Courses Offered

4 Courses

Exam Accepted

SET
Tuition Fees Range ₹7.72 L-10.69 L
Accreditation -/-
Courses Offered

12 Courses

Exam Accepted

-/-
Tuition Fees Range ₹11 K-48 K
Accreditation NAAC-A , NIRF

SRESCOE

Kopargaon, Maharashtra Private 4.0
Courses Offered

3 Courses

Exam Accepted

-/-
Tuition Fees Range ₹1.97 L-3.75 L
Accreditation NBA
Courses Offered

4 Courses

Exam Accepted

-/-
Tuition Fees Range -/-
Accreditation NAAC , NBA
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