Best MBA Colleges in Maharashtra 2022

Top MBA colleges in Maharashtra, Top Colleges in Maharashtra for MBA, MBA Top Colleges in Maharashtra, Top Colleges for MBA in Maharashtra offers full time, part time, distance 2 years MBA programme.
Best MBA Colleges in Maharashtra 2022

Best MBA Colleges in Maharashtra 2022

Top MBA colleges in Maharashtra, Top Colleges in Maharashtra for MBA, MBA Top Colleges in Maharashtra, Top Colleges for MBA in Maharashtra offers full time, part time, distance 2 years MBA programme. There are 601 Best MBA colleges in Maharashtra, out of which 531 private MBA Colleges in Maharashtra, and 54 Government MBA Colleges in Maharashtra. Best MBA Colleges in Maharashtra provides a good quality education, placement, infrastructures, facilities and more. Best MBA colleges in Maharashtra is authorized by ACITE and UGC. Admission in Best MBA colleges in Maharashtra depends on entrance exam such as CAT, MAT, CMAT and more. There are number of Best MBA Colleges in Maharashtra which is ranked by NIRF Ranking such as NITIE, Mumbai, Symbiosis Institute of Business Management (SIBM), Pune, NMIMS School of Business Management, Mumbai, Indian Institute of Management (IIM), Nagpur, Institute of Management Technology (IMT), Nagpur and more. Top 10 MBA colleges in Maharashtra list is given below where fees ranges between INR 50,000 to 30 Lakhs per year which is totally depend upon the college. There are some of Best MBA colleges in Maharashtra with low fees such as Savitribai Phule Pune University – [SPPU] Pune,  S.B.E.S. College of Arts and Commerce Aurangabad, National Academy of Management Studies – [NAMS] Mumbaiand more where fees structure less than INR 60,000.Best MBA colleges in Maharashtra have good placement record. They are well known for High placement package and ROI. Average package which is offered by Best MBA colleges in Maharashtra ranges from at INR 24-30 LPA.  There are many Best MBA colleges in Maharashtra placement wise such as NITIE Mumbai, NMIMS Mumbai, IIT Bombay, SPJIMR Mumbai and more where many top recruiters participate their placements. Some of the Top recruiters are Amazon, Accenture, HCL, HDFC and more. There are some colleges where admission depends on the entrance exam like there are some of Best MBA colleges in Maharashtra through CET such as Jamnalal Bajaj Institute of Management Studies, Mumbai, Sydenham Institute of Management Studies, Research and Entrepreneurship Education, Mumbai, Bharati Vidyapeeth’s Institute of Management Studies and Research, Navi Mumbai and more. In his websites, you can also find articles on best MBA colleges in Pune, Top MBA colleges in Mumbai, Top MBA finance Colleges in Maharashtra

Highlights of Best MBA Colleges in Maharashtra 2022

MBA is 2 years programme. Many of the colleges’ admission in MBA depend on entrance exam such as CAT, MAT, CMAT and more. You can be specialized MBA degree in different specific field such as, Marketing, Finance, and rural management and so on. Maharashtra is the state where everything you will get very easily. There is huge scope of education in Maharashtra. There are many different districts which provides quality educational platform for willing student.  You can called Maharashtra as Most want MBA educational destination. there number of Best MBA Colleges in Maharashtra which provides Good quality education with high placement. There are 601 Best MBA colleges in Maharashtra, out of which 531 private MBA Colleges in Maharashtra, and 54 Government MBA Colleges in Maharashtra which are affiliated by NAAC, UGC, and ACITE. Top MBA Colleges in Maharashtra with fees structure ranges between INR 50,000 to 30 Lakhs per year.

Number of MBA Colleges in Maharashtra601 MBA Colleges
Type of CollegesPublic/Government and Private Colleges

Private- 531 Colleges
Public/Government- 54 Colleges
Colleges Affiliated toAICTE (All India Institute of Technical Education)

NAAC (National Assessment and Accreditation Council)

UGC (University Grants Commission)
Admission ProcessMostly through Entrance exams like CAT, XAT, MAT, ATMA, MAH MBA CET, etc.
Specializations offered by MBA Colleges in MaharashtraSome of the specializations offered are-
General Management

Financial Services

International Business

Retail Management

Tourism

Hospital Administration

Human Resource Management
Average FeesINR 50,000 to 30 Lakhs per year

Top 10 MBA colleges in Maharashtra List

Top 10 MBA colleges in Maharashtra list is given below where fees ranges between INR 50,000 to 30 Lakhs per year which is totally depend upon the college. Some colleges in the Top 10 MBA colleges in Maharashtra List are private MBA Colleges in Maharashtra and Government MBA Colleges in Maharashtra. Here is the list of Top 10 MBA colleges in Maharashtra along with their fees structure which is mentioned below:

College NameAverage Annual Fees(INR)
Shailesh J. Mehta School of Management, IIT Bombay6.91 Lakhs
National Institute of Industrial Engineering, Mumbai7.03 Lakhs
S. P. Jain Institute of Management & Research19 Lakhs(Total Fees)
K J Somaiya Institute of Management8.98 Lakhs
Symbiosis Institute of Business Management10.76 Lakhs
SVKM's Narsee Monjee Institute of Management Studies10.95 Lakhs
Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development2.25 Lakhs
ISB&M - International School of Business and Media6.85 Lakhs
Principal L N Welingkar Institute of Management Development and Research6.50 Lakhs
Balaji Institute of Management and HRD4.80 Lakhs

Top MBA Government Colleges in Maharashtra

There are 601 Best MBA colleges in Maharashtra, out of which 531 private MBA Colleges in Maharashtra, and 54 Government MBA Colleges in Maharashtra. some of the Top MBA Government Colleges in Maharashtra are  Indian Institute of Management (IIM), Nagpur, NITIE, Mumbai, SJMSOM IIT Bombay, Mumbai. Here is the list of the Top MBA Government Colleges in Maharashtra which is given below:

Public CollegesCourse Fee (in Rs)
Indian Institute of Management (IIM), Nagpur11,10,000
SJMSOM IIT Bombay, Mumbai8,32,400
NITIE, Mumbai6,62,000

Best MBA colleges in Maharashtra Placement Wise

Placements at MBA colleges in Maharashtra have been excellent in recent years. Best MBA colleges in Maharashtra have good placement record. They are well known for High placement package and ROI. Average package which is offered by Best MBA colleges in Maharashtra ranges from at INR 24-30 LPA.  There are many Best MBA colleges in Maharashtra placement wise such as NITIE Mumbai, NMIMS Mumbai, IIT Bombay, SPJIMR Mumbai and more where many top recruiters participate their placements. Some of the Top recruiters are Amazon, Accenture, HCL, HDFC and more. The average placement offer in some of the top institutes, such as those affiliated with Symbiosis University, is between 180 and 200.

  • The average placement package in Best MBA colleges in Maharashtra is INR 7-8 lakh.
  • Every year, 50-60 recruiters visit an average MBA programme.

These companies’ top recruiters include:

Bain & CompanyAccenture StrategyCISCO
AmazonCapgeminiGartner
Boston Consulting Group (BCG)Morgan StanleyBYJU’s
Barclays CapitalMcKinsey & CompanyTCS
GodrejAirtelJ P Morgan

Top Private MBA Colleges in Maharashtra: ROI

MBA education is costly, so it is critical to consider the ROI factor before selecting a college. The following are some of the best MBA colleges in Maharashtra based on their return on investment.

College NameTotal FeesAverage Placement PackageROI Rank*
NITIE MumbaiINR 3,60,000INR 19,77,0001
IIT BombayINR 4,24,000INR 20,80,0002
IMED PuneINR 2,42,000INR 7,00,0003
KJ SIMSR MumbaiINR 3,30,000INR 9,40,0004
NMIMS MumbaiINR 9,25,000INR 17,58,0005
SIBM PuneINR 9,60,000INR 17,48,0006
SPJIMR MumbaiINR 17,50,000INR 22,90,0007
IMT NagpurINR 8,20,000INR 7,64,0008
BITSoMINR 24,50,000--
Vijay Patil School of ManagementINR 14,00,000--

Top MBA colleges in Maharashtra with Cut Off

Here is the list of Top MBA colleges in Maharashtra with Cut Off which is given below:

College NameCutoff
SJMSOM IIT Bombay, MumbaiCAT Cutoff
NITIE, MumbaiCAT Cutoff
SPJIMR, MumbaiXAT and CAT Cutoff
KJ SIMSR, MumbaiCutoff for MAHCET, MAT, XAT, CMAT, CAT
IMT, NagpurCutoff for CAT, XAT and CMAT
SIBM, PuneCAT and SNAP Cutoff
SIIB, PuneSNAP Cutoff

Top 10 MBA colleges in Maharashtra through CET

The Maharashtra Common Entrance Test (MAH CET) is an entrance exam administered by the Directorate of Technical Education (DTE) of Maharashtra for admission to the top MBA colleges in Maharashtra. The exam is held over two days and is divided into two sessions, one in the morning and one in the afternoon.

  • The exam is held in 47 cities across India.
  • Every year, MAH CET registrations begin in the second or third week of January.
  • The exam consists of 200 questions divided into four sections: Logical Reasoning (75 questions), Abstract Reasoning (25 questions), Quantitative Aptitude (50 questions), and Verbal Ability and Reading Comprehension (25 questions) (50 questions)
  • Most of the best colleges have an AH CET cut off percentile of 98 or higher.

Here is the list of Top 10 MBA colleges in Maharashtra through CET which is given below: 

College NameCourse NameAverage Annual Fees(INR)
Jamnalal Bajaj Institute of Management Studies, MumbaiMMS3.05 lakh
Prin. LN Welingkar Institute of Management Development and Research, MumbaiPGDM, MMS6.5 lakh
Department of Management Sciences, University of Pune, PuneMBA ++, MBA-Pharma66,000
Sydenham Institute of Management Studies, Research and Entrepreneurship Education, MumbaiMMS, PGDMB, MFM, MMM67,000
K. J. Somaiya Institute of Management Studies and Research (SIMSR), MumbaiPGDM, PGDM-RM, PGDM-IB, PGDM-FS, PGDM-COMM8.98 lakh
Bharati Vidyapeeth's Institute of Management Studies and Research, Navi MumbaiPGDBM, MMS2 lakh
N L Dalmia Institute of Management Studies and Research, MumbaiPGDM, MMM, MMS, MFM, MHRDM5.75 lakh
Balaji Institute of Management and Human Resource Development, TathawadePGDM-Marketing and Finance, PGDM-PM and HRD, PGDM4.8 lakh
ITM Business School, Navi MumbaiPGDM10.45 lakh
IES Management Institute, MumbaiPGDM, PGDM-PHM4 lakh

Top MBA finance Colleges in Maharashtra

In India, the financial business is flourishing more than ever, and as a result, career opportunities are improving. The industry, which had previously grown at a pace of 15%, is currently increasing at a rate of roughly 8.5 percent. Some of the Top MBA finance Colleges in Maharashtra are listed here.

  • Prin. L.N. Welingkar Institute of Management Development and Research [WESCHOOL], Mumbai
  • SIES College of Management Studies, Mumbai
  • Shailesh J. Mehta School of Management [SJMSOM], IIT Bombay
  • SP Jain Institute of Management and Research [SPJIMR], Mumbai

Best MBA colleges in Pune

There are best MBA colleges in Pune 2022 that offer PGDM and MBA programs with different specializations. A total of 210 colleges offer MBA Colleges in Pune 2022, of which 206 are private MBA Colleges in Pune 2022 and 9 are government MBA Colleges in Pune 2022. There are more than 34 UGC-accredited MBA colleges in Pune 2022, with most of them being approved by AICTE. There are many Best MBA colleges in India 2022, including Bharati Vidyapeeth’s Institute of Management, Symbiosis Institute of Business Management and Entrepreneurship Development. 

Various popular and trusted ranking agencies, such as NIRF, India Today, The Times, and many others, rank the best MBA colleges in Pune. Check out the Top 10 MBA Colleges in Pune, as well as their fees:

College/ University NameAverage Annual Fees
Symbiosis Institute of Business Management - [SIBM], PuneINR 10,76,000
Symbiosis Centre for Management and Human Resource Development - [SCMHRD], PuneINR 9,60,000
National Insurance Academy - [NIA], PuneINR 9,43,000
Bharati Vidyapeeth University, Institute of Management and Entrepreneurship Development - [IMED], PuneINR 2,25,000
Pune Institute of Business Management - [PIBM], PuneINR 7,95,000
Symbiosis Institute of International Business - [SIIB], PuneINR 7,90,000
International Institute of Management Studies - [IIMS], PuneINR 3,96,000
Balaji Institute of Modern Management - [BIMM], PuneINR 4,80,000
Balaji Institute of Management and Human Resource Development - [BIMHRD], PuneINR 4,80,000
Institute of Management Development and Research (IMDR), PuneINR 2,50,000

MBA Colleges in Mumbai

Top MBA Colleges in Mumbai 2022 includes SPJIMR, SBM NMIMS, IIT Bombay, Shailesh J. Mehta School of Management- [SJMSOM] and more. In This article you will find Top MBA Colleges in Mumbai and Best MBA colleges in Mumbai, and MBA Colleges in Mumbai with Fees and more. Many Top MBA colleges in Mumbai offer MBA (Master of Business Administration) and PGDM (Postgraduate Diploma in Management) programmes online, in person, and in distance learning. Over 260 top MBA colleges are located in Mumbai, also known as India’s “City of Dreams” and the “Finance Capital.” Over 57 Top MBA colleges in Mumbai have gained approval from the AICTE, whereas 17 have been approved by the UGC. 

MBA colleges in Mumbai with fees that range from Indian Rupees 50,000 to 30 lakhs per year, depending on the college.

The top MBA colleges in Mumbai, along with their fees structures, are listed below:

College NameAverage Fees(INR)
SPJIMR, Mumbai17,50,000
NMIMS, Mumbai19,76,000
NITIE Mumbai12,53,000
JBIMS Mumbai6,00,000
K J Somaiya Institute of Management, Mumbai14,94,000
SIES, Mumbai7,20,000
SIMSREE, Mumbai1,46,000
IESMCRC, Mumbai6,00,000
Chetana’s Institute of Management and Research6,60,000
SDA Bocconi Asia Center, Mumbai18,60,000

Frequently Asked Questions

1. Which MBA college has best placement in Maharashtra?

Ans. NITIE Mumbai has best placement in Maharashtra for MBA.

2. Which are government colleges for MBA in Maharashtra?

Ans. Here is the list of the Top MBA Government Colleges in Maharashtra which is given below:
Public CollegesCourse Fee (in Rs)
Indian Institute of Management (IIM), Nagpur11,10,000
SJMSOM IIT Bombay, Mumbai8,32,400
NITIE, Mumbai6,62,000

3. How many seats are there in MBA in Maharashtra?

Ans. MAH CET 2022 exam scores will be accepted by over 330 MBA colleges in Maharashtra for MBA/MMS admission in 2022. The total number of seats available for MBA admission 2022 in these MBA colleges accepting MAH CET ranges from 36000 to 40000.

4. Which college is best for MBA in Maharashtra?

Ans. NIRF has named IIT Bombay the best MBA college in Maharashtra. SPJIMR Mumbai, SIBM Pune, and ITM Nagpur are also on the list.

5. Is Amity Mumbai good for MBA?

Ans. Amity Mumbai admits students based on various criteria such as CAT, XAT, NMAT, MAT, GMAt, and so on. The average placement package ranges between INR 3-4 lakh.

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