MBA Colleges in Pune

MBA Colleges in Pune 

One of the most popular options to collect an MBA College is in Pune, which is why the city has earned the nickname "Oxford of the East." The metropolitan economy of Pune is the seventh largest in India, and its per capita income is the sixth highest. Pune has a lot to offer MBA Colleges in Pune hopefuls because of its vast student population and plenty of educational and research institutions. Pune's prominence as a leading educational hub on a national scale is largely attributable to the fact that the city's MBA Colleges in Pune include a wide range of disciplines, from retail and healthcare to banking and finance to consulting and industry. Registration for all eligible entrance examinations opens in fall 2023 at MBA Colleges in Pune.

MBA Colleges in Pune, India's growing educational hub, are home to MBA (Master of Business Administration) programs. These universities offer great facilities, experienced professors, and a favorable learning atmosphere for aspiring business professionals. The following are some of the top MBA institutes in Pune:

1. Symbiosis Institute of Business Management (SIBM): Symbiosis Institute of Business Management (SIBM) is a well-known business school that is affiliated with Symbiosis International University. General Management, Innovation and Entrepreneurship, and Leadership and Strategy are among its MBA programs. SIBM is well-known for its demanding curriculum, industry-focused approach, and extensive alumni network.

2. Pune University Department of Management Studies (PUMBA): PUMBA, which is affiliated with Savitribai Phule Pune University, is one of Pune's oldest and most prestigious management institutes. It offers a two-year full-time MBA program with several specializations. PUMBA is well-known for its excellent teachers, corporate partnerships, and emphasis on hands-on experience through internships and industry projects.

3. Symbiosis Centre for Management and Human Resource Development (SCMHRD): SCMHRD is another well-known B-school affiliated with Symbiosis International University. It offers a two-year full-time MBA program specializing in Marketing, Finance, Operations, and Human Resources. SCMHRD is well-known for its rigorous academic program, emphasis on holistic development, and strong corporate partnerships.

4. Balaji Institute of Modern Management (BIMM): BIMM is an established college of business affiliated with Bharati Vidyapeeth Deemed University. It offers a two-year full-time MBA program with several specializations. BIMM strongly focuses on hands-on learning and industry exposure and has a track record of excellent placements in respected companies.

5. Symbiosis Institute of International Business (SIIB): SIIB is a well-known college of business that is part of Symbiosis International University. It focuses on MBA programs in international business, agribusiness, energy, and the environment. SIIB is well-known for its broad curriculum, opportunities for global exposure, and industry-focused approach.

6. Indira Institute of Management (IIMP): IIMP is a well-known business college that is part of Savitribai Phule Pune University. It offers a two-year full-time MBA program with several specializations. IIMP places a strong emphasis on hands-on learning and industry relationships, and it serves as a platform for students to enhance their managerial and leadership abilities.

This list just includes a few of the Top MBA Colleges in Pune; the city is home to many more prestigious universities. Students studying for an MBA can pick top MBA colleges in Pune based on their specialization interests, curriculum, faculty, industry ties, and placement records. It is best to perform extra study and visit the official websites of these colleges for more detailed information before making a decision.

Top MBA Colleges in Pune Eligibility Criteria 

Pune's Best MBA Colleges and universities may have variations in eligibility criteria. However, most schools have the following common eligibility requirements:

1. Education: Applicants must have a bachelor's degree or equivalent qualification from a recognized university or institution in any discipline. The degree requires a minimum aggregate score, which varies by college.

2. Minimum Percentage: Numerous MBA programs in Pune need a minimum percentage for admission. It is typical for undergraduate degree programs to have 50% to 60% aggregate grades. Some universities, on the other hand, may consider candidates with a lesser proportion based on other factors such as entrance exam scores, work experience, and so on.

3. Entrance Exam: A national-level management entrance exam, such as the CAT (Common Admission Test), XAT (Xavier Aptitude Test), MAT (Management Aptitude Test), CMAT (Common Management Admission Test), or SNAP (Symbiosis National Aptitude Test), is required for the majority of MBA Colleges in Pune. The outcomes of these exams are crucial in the selection process.

4. Work Experience: While not all MBA programs in Pune require work experience, applicants with recent employment experience may be preferred by specific colleges. They may have specific criteria, such as a particular number of years of work experience, or they may preferentially treat applicants with relevant work experience during the selection process.

5. English fluency: The ability to communicate and interact effectively in English is essential for success in an MBA program in Pune. If a student earned their undergraduate degree from a non-English medium institution, they may be required to provide evidence of proficiency in the English language by submitting Test of English as a Foreign Language (TOEFL) or International English Language Testing System (IELTS) scores.

MBA Colleges in Pune Admission Process 

The admission process varies greatly from one institution to the next, but here is a general overview of the MBA Colleges in Pune:

1. Entrance Exam: Many of the best MBA Colleges in Pune necessitate that prospective students take a standardized test at the national level. These tests include the CAT, XAT, CMAT, and MAT. Candidates are required to enroll for and successfully complete these examinations.

2. Application Form: Following the admission exam, candidates must complete the application form for the MBA Colleges in Pune to which they desire to apply. The applications are often available on the college's website or from the admissions office.

3. Shortlisting: The results of admission exams are used to create a shortlist of applicants for further consideration by universities. Applicants who make the cut are then required to participate in a series of interviews and tests, including a written test, a group discussion, and a personal interview.

4. Written Ability Test (WAT): Candidates in the WAT round are allotted a certain amount of time to write an essay or written answer to a set of prompts. In this stage, they are tested on their analytical and communicative writing skills.

5. Group Discussion (GD): Candidates are placed into groups and given a topic for discussion. Their communication skills, argumentation ability, and teamwork are all evaluated.

6. Personal Interview (PI): Candidates are interviewed by a panel of interviewers during the PI phase, who examine their knowledge, communication skills, personality, and appropriateness for the MBA program in Pune.

7. Final Selection: The final selection is based on the results of the written test, GD, and PI rounds. MBA Colleges in Pune consider a range of factors while making their final selection, including entrance exam score, academic background, professional experience, extracurricular activities, and diversity.

Top 20 MBA colleges in Pune 

Please refer to the list of the top 20 MBA colleges in Pune, along with the available seats for MBA/PGDM programs.

Colleges	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
International School of Business and Media (ISB&M) Pune	300
MIT School of Business - MITSOB Pune	180
Lexicon Management Institute of Leadership Excellence, Pune	300
MITCON Institute of Management (MITCON) Pune	240
International School of Management Research (ISMR) Pune	240
Genesis Business School	120
Amity Global Business School Pune	60
Indira School of Business Studies, Pune	420
BITM Pune	240
FLAME University Pune	120

Top MBA colleges in Pune Rank wise

The following list presents an ordered ranking of the leading MBA institutions in Pune, as per the 2023 assessment conducted by the National Institutional Ranking Framework (NIRF).

1. Symbiosis Institute of Business Management, Pune:

• NIRF Rank: 17 
• NIRF Rating: 62.74

One of the most famous business schools in Pune is Symbiosis Institute of Business Management (SIBM). It offers a two-year, on-campus, full-time Master of Business Administration degree with concentrations in accounting, business administration, human resources, and marketing. Academic rigor, industry partnerships, and a focus on real-world experience are just a few of the reasons SIBM Pune is so well-respected.

2. National Institute of Bank Management, Pune: 

• NIRF Ranking: 76 
• NIRF Score: 47.08 

There is no better place to learn about banking administration than at the National Institute of Bank Management (NIBM). Banking and Financial Services Management Master's Degree Program - 2 yr. Learn the ins and outs of the banking and finance sector and prepare for a successful career with the help of the NIBM Pune program.

3. Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth, Pune:

• NIRF Position: 102
• NIRF Score: inaccessible

 One of Pune's greatest business schools is Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development (IMED). It offers a number of management courses, such as an MBA, with concentrations in areas such as business administration, finance, human resources, and computer science. Teaching, research, and the cultivation of entrepreneurial spirit at IMED Pune are all given high priority.

4. Pune National Insurance Academy:

• NIRF Position: 114
• NIRF Score: inaccessible

Studies in the management of insurance can be found at the famous National Insurance Academy (NIA). Graduate Certificate in Insurance and Risk Administration. The curriculum at NIA Pune places an emphasis on management education, technological expertise, and a thorough familiarity with the insurance sector.

5. Pune Institute of Business Management:

• NIRF Position: 117
• NIRF Score: inaccessible

The Pune Institute of Business Management (PIBM) is an esteemed institution that teaches business administration. The two-year PGDM curriculum offers tracks in finance, human resources, marketing, and operations. Education, exposure to the business world, and the cultivation of skills are at the heart of PIBM Pune's goal.

Top Private MBA Colleges in Pune 

There are a great many famous private MBA programs in Pune, and they are widely recognized for the quality of their graduates, the quality of their curriculum, and their high placement rates. The Best Private MBA Programs in Pune Include the Following Universities:

Top private MBA colleges in Pune	Average Annual fees
Symbiosis Institute of Business Management - [SIBM], Pune	INR 13,49,000
SCMHRD Pune	INR 11,05,000
Indira Institute of Management Studies - [IIMS], Pune	INR 4,50,000
IMED Pune	INR 2,25,000
RIIM - Arihant Group of Institutes - [RIIM], Pune	INR 4,25,000
Symbiosis Institute of International Business - [SIIB], Pune	INR 8,67,000
Balaji Institute of Modern Management - [BIMM], Pune	INR 4,80,000
National Institute of Bank Management - [NIBM], Pune	INR 16,00,000
Pune Institute of Business Management - [PIBM], Pune	INR 7,95,000 (Total Fees)
MIT World Peace University - [MITWPU], Pune	INR 4,50,000

Government MBA colleges in Pune 

List of the Best Pune Government MBA Programs

1. PUMBA Pune - Management Sciences Department, Savitribai Phule Pune University: One of the best government business schools in Pune is PUMBA. It has a solid reputation in the business world and among academics alike. PUMBA Pune's MBA tuition is a yearly average of INR 4,91,100.

2. The National Institute of Construction Management and Research in Pune: The National Institute of Construction Management and Research (NICMAR) is a well-respected government research center that provides education and training in the fields of construction and property management. The full price of attendance for NICMAR Pune's MBA program is INR 8,15,000.

3. Tilak Maharashtra Vidyapeeth in Pune: The Master of Business Administration is just one of many programs available at the state-run Tilak Maharashtra Vidyapeeth. The average cost of attending Tilak Maharashtra Vidyapeeth's MBA program is INR 85,000.

4. Vaikunth Mehta National Institute of Cooperative Management in Pune: The government provides the Vaikunth Mehta National Institute of Cooperative Management to train future cooperative managers. The MBA program at this school costs a yearly average of INR 3,52,775.

5. Savitribai Phule Pune University, Pune: Savitribai Phule Pune University provides an MBA program through its affiliated colleges. MBA tuition at this university varies from INR 1,80,000 to 7,95,000 a year, depending on the school and the area of concentration.

6. COEP Pune – College of Engineering: The majority of COEP Pune's offerings are in the field of engineering, however, the school also has an MBA program. The cost of attending COEP Pune's MBA program is approximately INR 1,99,000.

7. Mahatma Phule Krishi Vidyapeeth (MPKV), Pune: The Mahatma Phule Krishi Vidyapeeth is a government-sponsored college of agriculture. The cost of the university's MBA program is 60,600 Indian Rupees per year.

MBA colleges in Pune with ROI ( Return of Investment)

The ROI of each MBA program in Pune can be compared to one another to see which one offers the best value. The average placement compensation is compared to the average annual fees of students to determine the top MBA colleges in Pune with ROI. List of Top MBA Programs in Pune, Ranked by Return on Investment

1. Institute of Management Development and Research (IMDR), Pune

Annual Fees: INR 2,25,000 on average

Placement Pay on Average: INR 7.5 LPA, 

ROI No. 1 MBA students who attend IMDR Pune can expect a high return on their investment. With cheaper fees than other institutions and a fair average placement offer, IMDR Pune rates highly in terms of return on investment.

2. Pune's Symbiosis Institute of Business Management (SIBM)

• Annual Fees: INR 13,49,000 on average
• INR 23.06 LPA is the average placement package.

ROI Position: 2 - SIBM Pune's high average placement package makes up for the school's higher annual cost and provides a great return on investment. The strong placement offers at SIBM Pune are a direct result of the school's excellent industry connections and reputation.

3. PIBM (Pune Institute of Business Management)

• Annual Fees: INR 3,97,500 on average
• The typical placement package is INR 6 LPA.

 ROI Rank: 3 - PIBM Pune's affordable annual fees and generous placement benefits amount to a solid return on investment. The school places an emphasis on teaching students practical skills that are in demand in the workplace.

4. IIMS (International Institute of Management Studies), Pune

• Annual Fees: INR 4,50,000 on average
• INR 5.5 LPA Average Placement Package 

ROI Rank: 4 IIMS Pune provides excellent value for money because of its reasonable annual fees and generous placement incentives. The school emphasizes all-around student growth and real-world experience to prepare its students for success in the corporate world.

5. Pune's Symbiosis Centre for Management and Human Resource Development (SCMHRD)

• Annual Fees on Average: INR 11,05,000 
• Placement Package on Average: INR 6.50 LPA

ROI Rank: 5 While SCMHRD Pune has high annual fees and mediocre placement packages, it nonetheless offers a reasonable return on investment. The institute has strong relationships with the business community, which increases job opportunities for graduates.

MBA colleges in Pune Entrance exam 

Top MBA colleges in Pune Entrance exam consider test scores from a variety of sources for making admissions decisions. The following standardized tests are typically accepted by these universities:

1. Common Admission Test (CAT): The Indian Institutes of Management (IIMs) give a standardized test called the Common Admission Test (CAT) on a national scale. It is widely recognized by MBA colleges in Pune, including the prestigious Symbiosis Institute of Business Management (SIBM).

2. Xavier Aptitude Test (XAT): The Symbiosis Centre for Management and Human Resource Development (SCMHRD) and other top MBA programs in Pune accept the XAT, which is managed by XLRI Jamshedpur and recognized by many other management schools in India.

3. Common Management Admission Test (CMAT): T The CMAT is a national-level admissions test that is managed by the National Testing Agency (NTA). A number of MBA colleges in Pune honor it, and one of those is the Institute of Management and Entrepreneurship Development at Bharati Vidyapeeth University.

4. Management Aptitude Test (MAT): The All India Management Association (AIMA) is in charge of MAT, a standardized test that is given all over India. The Pune Institute of Business Management (PIBM) is only one of several MBA colleges in Pune that recognize the MAT as valid admissions criteria.

5. Maharashtra Common Entrance Test (MAH CET): The MAH CET is a national admission exam in Maharashtra that is run by the State Common Admission Test Cell. The University of Pune's Department of Management Sciences (PUMBA) is among the MBA programs in Pune that recognize it.

The Symbiosis Institute of Business Management (SIBM) in Pune is one of the schools that requires applicants to take the Symbiosis National Aptitude Test (SNAP) for admission.

7. ATMA (AIMS Test for Management Admissions): An all-India admission exam known as ATMA is offered by the Association of Indian Management Schools (AIMS). It is recognized by a few MBA programs in Pune, including the Suryadatta Institute of Management.

Top MBA Colleges in Pune Accepting MAT Score

•  The Management Aptitude Test (MAT) is given four times a year as an entrance exam for MBA programs in India. One of the most taken entrance exams for business school is the Management Assessment Test (MAT), which is accepted by more than 600 of the best MBA programs in the country.
• Candidates have multiple opportunities to take the MAT throughout the year, as it is offered four times a year (February, May, September, and December). Students can schedule their exams on the day that best fits into their schedules and preparations.
• Over 3 lakh students registered for MAT across all four testing windows in 2015, indicating that a large proportion of future managers are interested in taking the test. Reasons for MAT's popularity include the fact that it is recognized by a large number of top MBA colleges in Pune, its flexible testing schedule, and its global reach.

Here are the Top MBA Colleges in Pune Accepting MAT Score listed below:

MBA Colleges in Pune Accepting MAT Score	Fees
BIMM Pune- Balaji Institute of Modern Management	INR 845,000
SIMS Pune - Symbiosis Institute of Management Studies	INR 700,000
SIOM Pune - Sinhgad Institute of Management	INR 1,28,000
MITSOM Pune - MIT School of Management	INR 750,000
FLAME University, Pune	INR 1,320,000
Global Business School and Research Centre, Pune	INR 420,000
RIIM Pune - Ramachandran International Institute of Management	INR 200,000
S B Patil Institute of Management, Pune	INR 215,000
BIMHRD Pune - Balaji Institute of Management and Human Resource Development	INR 865,000
Dr. DY Patil School of Management, Pune	INR 227,338

Part-Time MBA Colleges in Pune

There are excellent colleges in Pune where you can earn your MBA colleges in Pune in your spare time. Professionals who are already employed but who want to expand their managerial skills would find the Top Part-Time MBA Colleges in Pune to be a good option. The Best Colleges for a Part-Time MBA in Pune Include the Following

1. NMIMS School of Business Management: An MBA program designed for those already employees is available through the NMIMS School of Business Management. The course covers a wide range of topics in business management and offers a wide range of specializations.

2. National Construction Management and Research School: There is a Part-Time MBA program available with a focus on construction management at the National School of Construction Management and Research. Provides professionals with the background they need to thrive in the building industry.

3. SNDT Women's University: A women-only MBA program is available through SNDT Women's University. The purpose of the program is to enhance women's economic participation by teaching them management and leadership abilities.

4. KJ Somaiya Institute of Management: The KJ Somaiya Institute of Management's Part-Time MBA program helps busy individuals further their careers by developing their management skills. The curriculum is adaptable in terms of both course structure and areas of emphasis.

5. MET Institute of Management: Professionals in employment can enroll in a Part-Time MBA program at MET Institute of Management. The program is designed to help professionals advance their careers by providing them with hands-on experience in a variety of fields.

6. Thakur Institute of Management Studies & Research: The Part-Time MBA program at Thakur Institute of Management Studies & Research helps working adults advance their careers by developing their skills and knowledge. The management degree programme offers a wide variety of specializations for interested participants.

7. ASM's Institute of Management and Computer Studies: ASM's Part-Time MBA program in the Institute of Management and Computer Studies is designed to accommodate working professionals. The curriculum is designed to promote growth as a whole while simultaneously equipping participants with marketable skills.

8. Universal Business School: The Part-Time MBA program at Universal Business School is designed to meet the needs of working people. This course provides a broad foundation in business management and provides ample opportunities for specialized study.

9. Oasis College of Science and Management: Part-time Master of Business Administration classes are available at Oasis College of Science and Management. The curriculum places an emphasis on hands-on training and industry experience to better prepare students for managerial positions.

10. Poona Institute of Management Sciences and Entrepreneurship: The Part-Time MBA colleges in Pune at Poona Institute of Management Sciences and Entrepreneurship are geared toward helping working adults develop their managerial and business acumen. The curriculum places an emphasis on practical experience and networking with business leaders.

Frequently Asked Questions about Top MBA Colleges in Pune

Q. Which are the top MBA colleges in Pune?

Ans. Some of the best MBA colleges in Pune are the Balaji Institute of Modern Management (BIMM), the Institute of Management Development and Research (IMDR), and the Symbiosis Institute of Business Management (SIBM).

Q. What are the admission criteria for MBA colleges in Pune colleges?

Ans. CAT, XAT, CMAT, or MAH CET are only some of the national-level management entrance tests that are typically required for admission, and they are often followed by group talks and individual interviews at various universities.

Q. What is the average placement package for MBA graduates from Pune colleges?

Ans. MBA graduates from the MBA colleges in Pune can expect an annual salary of about six to twelve million rupees, depending on the school and the area of concentration they choose.

Q. How are the faculty and infrastructure at these institutions?

Ans. The best MBA colleges in Pune frequently employ highly-qualified instructors. To aid in education, they also provide cutting-edge technology and facilities.

Q. Are there any specializations offered in MBA programs?

Ans. Yes, You can choose from many different areas of concentration in marketing, finance, HR, operations, IT, and more at MBA institutions in Pune.

Q. Can I apply for an MBA without a background in business or management?

Ans. Yes, many MBA colleges in Pune accept students from diverse academic backgrounds. However, some colleges may have specific prerequisites or requirements for non-business graduates.

Q. What are the entrance exams required for MBA admissions in Pune?

Ans. The common entrance exams accepted by top MBA colleges in Pune are CAT, XAT, CMAT, and MAH CET. Applicants need to check individual college websites for specific requirements.

Q. Is work experience necessary for MBA admissions?

Ans. Work experience is not always mandatory for MBA admissions in Pune colleges. Some institutions may prefer candidates with work experience, while others accept fresh graduates.

Q. Are there any scholarships available for MBA students in these colleges?

Ans. Yes, many MBA colleges in Pune offer scholarships based on merit, financial need, or other criteria. Students can inquire about scholarship opportunities during the admission process.

Q. How can I prepare for the MBA entrance exams effectively?

Ans. Effective preparation for MBA entrance exams involves creating a study schedule, practicing with previous years’ question papers, taking mock tests, and staying updated with current affairs and general knowledge.