Tier 1 MBA Colleges in Maharashtra

Tier 1 MBA Colleges in Maharashtra: Introduction

When looking for MBA colleges in Maharashtra, students often look for Tier 1 MBA colleges in Maharashtra for obvious reasons. Maharashtra is one of the most go places for higher education courses like MBA, engineering, and many more. There are various reasons which make Maharashtra the most student-popular state in the country.

Why pursue an MBA from Maharashtra? Now, there are a variety of reasons why Maharashtra aces as the best state for doing an MBA course. Maharashtra is one of the states with large surface areas and especially large rural areas under farming. So, agriculture in the state takes place in an industrial setup, following an intensive agriculture industry. Having a large coastline gives the state of having many ports, which makes supply and trading very accessible here. For these very reasons, there are a number of industries that set up their factory and operations in the state of Maharashtra. This ecosystem gives a boost to the aspirations of MBA graduates because there are an endless number of industries and factories in the state.

In Maharashtra, MBA graduates can find paper industries because of the large cotton farms in the state. This is true for other industries as well. One can find huge pharmaceutical industries, the automobile sector, the construction industry, and much more.

All of these open ample opportunities for young MBA graduates. All of these industries have multiple operations to supervise, for which they are always on the lookout for the managerial professional.

This high demand for MBA graduates in Maharashtra leads to the setting up of a number of top MBA colleges in Maharashtra. There are many MBA colleges in Maharashtra catering to the needs of these industries and also the need for management professionals across the country.

Top MBA Colleges in Maharashtra

Maharashtra is one of the top destinations for an MBA course. Hence many students look for the Top MBA colleges in Maharashtra. The Top MBA colleges in Maharashtra 2023 shall remain a hot topic as the data shows that students have a preference to do an MBA from Maharashtra for the year 2023. As the state holds the best MBA colleges in India, it is obvious that the students flock to the Maharashtrian cities in large numbers to pursue this course. Maharashtra also conducts its own entrance exam for various courses known as MH CET for admission into its colleges. So, if you are looking forward to pursuing an MBA course from the state, kindly go through the information provided below regarding the Top MBA colleges in Maharashtra.

Top MBA Colleges in Maharashtra

The list of the Top MBA colleges in Maharashtra is given in the table below. Have a look:

Sr. No	Name of the  College
1	Narsee Monjee Institute of Management Studies, Mumbai
2	Jamnalal Bajaj Institute of Management Studies, Mumbai
3	Symbiosis Centre for Information Technology, Pune
4	Symbiosis Institute of International Business, Pune
5	Balaji Institute of Modern Management, Pune
6	Symbiosis Institute of Management Studies, Pune
7	Symbiosis Institute of Operations Management, Nashik
8	Symbiosis Institute of Business Management, Pune
9	Tata Institute of Social Sciences, Mumbai
10	MAEER’s MIT School of Business, Pune
11	Balaji Institute of Telecom and Management, Tathawade
12	IBS Business School, Mumbai
13	ITM Business School, Navi Mumbai
14	Department of Management Sciences, University of Pune, Pune
15	Sydenham Institute of Management Studies, Research and Entrepreneurship Education, Mumbai
16	Vidyalankar Institute of Technology, Mumbai
17	Vishwakarma Institute of Management, Pune
18	Balaji Institute of International Business, Tathawade
19	Balaji Institute of Management and Human Resource Development, Tathawade
20	Bharati Vidyapeeth’s Institute of Management Studies and Research, Navi Mumbai
21	Kirloskar Institute of Advanced Management Studies, Pune
22	Symbiosis Institute of Telecom Management, Pune
23	Symbiosis School of Banking and Finance, Pune
24	FLAME University, Pune
25	School of Management, Dr. DY Patil University, Navi Mumbai
26	Shri Sant Gajanan Maharaj College of Engineering, Shegaon
27	Symbiosis Institute of Computer Studies and Research, Pune
28	Universal Business School, Raigad
29	VES Institute of Management Studies and Research, Mumbai
30	IBS Business School, Pune
31	IES Management College and Research Centre, Mumbai
32	Indira School of Business Studies, Pune
33	Indus Business School, Pune
34	KJ Somaiya Institute of Management Studies and Research, Mumbai
35	Symbiosis Centre for Management and Human Resource Development, Pune
36	Prin. LN Welingkar Institute of Management Development and Research, Mumbai
37	SP Jain Institute of Management and Research, Mumbai
38	National Institute of Industrial Engineering, Mumbai
39	SIES College of Management Studies, Navi Mumbai
40	Bharati Vidyapeeth Abhijit Kadam Institute of Management and Social Sciences, Solapur
41	Dr. VN Bedekar Institute of Management Studies, Thane
42	Durgadevi Saraf Institute of Management Studies, Mumbai
43	GNVS Institute of Management, Mumbai
44	Kohinoor Business School, Mumbai
45	International Institute of Management Studies, Pune
46	International School of Business and Media, Pune
47	MIT School of Telecom Management, Pune
48	SaiBalaji International Institute of Management Sciences, Pune
49	Sandip Institute of Technology and Research Center, Nashik

Top MBA Colleges in Maharashtra: Quick Questions

Here are some quick questions regarding the Top MBA colleges in Maharashtra as follows:

Q. What are some of the Top MBA Colleges in Maharashtra through MH CET?

Ans. Some of the Top MBA Colleges in Maharashtra through MH CET are as follows:

Sr. No.	Name of the College
1	SIMSREE Mumbai: Sydenham Institute of Management Studies And Research And Entrepreneurship Education
2	BVIMSR Mumbai: Bharati Vidyapeeth's Institute of Management Studies & Research
3	Dr. D Y Patil Institute of Technology Pune
4	KJ SIMSR Mumbai
5	Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth, Pune

Q. What are some of the Top MBA colleges in Maharashtra with low fees?

Ans. Some of the Top MBA colleges in Maharashtra with low fees are as follows:

Name of the College	Average Fees
Jamnalal Bajaj Institute of Management Studies, Mumbai	INR 3.00 Lakh
Prin. LN Welingkar Institute of Management Development and Research, Mumbai	INR 4.30 Lakh
Sydenham Institute of Management Studies, Research and Entrepreneurship Education, Mumbai	INR 67, 000 annually
Department of Management Sciences, University of Pune, Pune	INR 1.37 Lakh
SIES College of Management Studies, Navi Mumbai	INR 1. 72 Lakh

Q. What are some of the Top MBA colleges in Maharashtra with fee structures?

Ans. Some of the Top MBA colleges in Maharashtra with fee structures are as follows:

Name of the College	Average Fees
National Institute of Industrial Engineering, Mumbai	INR 12.53 lakh- INR 13.43 lakh
IIM Nagpur	INR 17.7 lakh
Sasmira's Institute of Management and Research	INR 3.98 lakh
PUMBA	INR 1.29 lakh- INR 1.52 lakh

Q. What are some of the Top MBA colleges in Maharashtra with cut off?

Ans. Some of the Top MBA colleges in Maharashtra with cut off are as follows:

Name of the College	Cut off
Shri Ramdeobaba College of Engineering and Management, Nagpur	94.67
SCES Indira School Of Business Studies, Tathwade	95.98
St. Francis Institute of Management & Research, Mumbai	95.91
Indira Global Business School, Parandwadi Pune	95.45

Q. What are some of the Top MBA colleges in Mumbai?

Ans. Some of the Top MBA colleges in Mumbai are as follows:

• Shailesh J. Mehta School of Management, IIT Bombay, Mumbai
• National Institute of Industrial Engineering, Mumbai
• S.P. Jain Institute of Management and Research, Mumbai
• NMIMS School of Business Management, Mumbai
• Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai
• K J Somaiya Institute of Management, Mumbai
• Universal Business School, Mumbai
• Amity University, Mumbai
• N.L. Dalmia Institute of Management Studies and Research, Mumbai
• Vivekanand Business School (VBS), Mumbai

The top MBA colleges in Maharashtra are known as Tier 1 MBA colleges in Maharashtra.

What is Tier 1 MBA colleges in Maharashtra? The Tier 1 MBA colleges in Maharashtra are those colleges that ace several factors pertaining to the MBA colleges. Some of these factors are:

• High-Quality Faculty: To be in the Tier 1 MBA colleges in Maharashtra the colleges need to have a highly qualified and experiential teaching staff. This is true for courses irrespective of the streams. As Maharashtra itself is a top destination with high salary figures, colleges do not have a problem looking for the best talent for their institutes. The faculties in the Tier 1 MBA colleges in Maharashtra are top-notch and highly qualified. Most of them graduated from the top MBA colleges in the world before joining faculties in the Tier 1 MBA colleges in Maharashtra.
• Great Infrastructure: This is an unavoidable factor of the Tier 1 MBA colleges in Maharashtra. The top MBA colleges in Maharashtra offer the best infrastructure for young MBA students to ace their studies. This is true for the facilities such as hi-tech interactive classrooms, internet accessibility, up-to-date library, business incubation cell, seminar halls, and much more. These all things comprise of the environment required to inhabit an MBA talent on campuses, hence students often look for these while looking for the top MBA colleges in Maharashtra. Needless to say that Tier 1 MBA colleges in Maharashtra definitely have these features in them which makes them highly attractive to the students.
• Top Placement Cell: This is the most important feature that MBA students look for while searching for the top MBA colleges in Maharashtra. The placements are a vital part of an MBA course. The entire course is grip around how good an institute offers a placement to its students. The Tier 1 MBA colleges in Maharashtra without a doubt offer the best placement facilities to the graduates of MBA in Maharashtra.

As learned before Maharashtra has many industries located in the state and the Tier 1 MBA colleges in Maharashtra have the access to best industries which makes hiring their students much easier if they choose to do their MBA courses from these colleges. The Tier 1 MBA colleges in Maharashtra also have access to international and multi-national companies which often come for hiring on their campus. This feature of the Tier 1 MBA colleges in Maharashtra makes them most attractive to young MBA aspirants.

Now, as we have figured out what are Tier 1 MBA colleges in Maharashtra and how to evaluate these Tier 1 MBA colleges in Maharashtra, let’s us into great detail about these Top MBA in Maharashtra.

The article gives details in length about the Tier 1 MBA colleges in Maharashtra.

What this Tier 1 MBA college in Maharashtra article talks about? The following article talks at great length about Tier 1 MBA colleges in Maharashtra and all the details pertaining to it. These shall contain the comprehensive list of Tier 1 MBA colleges in Maharashtra such as

• NITIE Mumbai – National Institute of Industrial Engineering
• SJMSOM IIT Bombay – Shailesh J Mehta School of Management Indian Institute of Technology
• SPJIMR, Mumbai
• SIBM Pune – Symbiosis Institute of Business Management

Followed by the Tier 1 MBA colleges in Maharashtra NIRF ranking. This shall include the ranking of various MBA colleges in Maharashtra such as the following and many more:

• National Institute of Industrial Engineering, Mumbai
• Indian Institute of Technology, Bombay
• Symbiosis Institute of Business Management
• S. P. Jain Institute of Management & Research

As MAH CET is the most popular state government exam to get admission into MBA colleges in Maharashtra, the article ahead contains an exhaustive list of Tier 1 MBA colleges in Maharashtra through MH CET. Some of these are:

• XIMR Mumbai
• SIMSREE Mumbai: Sydenham Institute of Management Studies and Research and Entrepreneurship Education
• PUMBA: Department of Management Sciences University of Pune

There is also a comprehensive list of Tier 1 MBA colleges in Maharashtra with Fee Structure provided in the article below. This list is given to give an idea to the students about the approximate fee structure they can expect from the Top MBA colleges in Maharashtra.

As Maharashtra is a prosperous state, no doubt it has one of the best MBA colleges in India. But many of these top MBA colleges in Maharashtra have high tuition fees which makes them unaffordable to a wide range of talented students. For this, the article provides Tier 1 MBA colleges in Maharashtra with low fees list as well to help young MBA aspirants from financially diverse backgrounds.

There are also top government MBA colleges in Maharashtra as well. These have been mentioned in the article below. Some of the mentions you shall find of the best government colleges in Maharashtra along with their fee structure are:

• Indian Institute of Technology, Bombay
• Indian Institute of Management, Nagpur

The Tier 1 private MBA colleges in Maharashtra are as well no less in numbers. There are plenty of top private MBA colleges in Maharashtra. The article ahead comprises a list of Tier 1 MBA colleges in Maharashtra private. Some of these colleges one shall find here are:

• NITIE Mumbai
• IMED Pune
• KJ SIMSR Mumbai
• NMIMS Mumbai

We have also compiled the Tier 1 MBA colleges in Maharashtra placement-wise list of the following Tier 1 MBA colleges in Maharashtra. The list has some of the Top MBA colleges in Maharashtra offering the best placement, along with the top recruiting companies hiring from these best MBA colleges in Maharashtra. Some of the mentions one shall find are:

• IIT Bombay
• University of Mumbai
• NMIMS Global Access School for Continuing Education

The article then further gives details of the entire MBA course. The details regarding how to get admission into these Tier 1 MBA colleges in Maharashtra, the admission process, various entrance exams accepted by the Tier 1 MBA colleges in Maharashtra, and the eligibility criteria. The job opportunities students can find after completing their course from Tier 1 MBA colleges in Maharashtra. A separate list of recruiters for the MBA courses and the expected salary of the young graduates after completing their degree from the Tier 1 MBA colleges in Maharashtra.

The article also comprises of comprehensive FAQ section at the end. For any doubts pertaining to the Tier 1 MBA colleges in Maharashtra, kindly put up your queries or contact Formfees and one of our consultant executives shall get in touch with you.

With that being said, let’s get started.

Tier 1 MBA Colleges in Maharashtra: Colleges List

The following list of Tier 1 MBA colleges in Maharashtra included the Top 10 MBA colleges in Maharashtra as well. The students can use the list below to analyze where their desired colleges stand and what other colleges they can apply to for a fruitful MBA course. Here Below is the list of the Top 10 MBA colleges in Maharashtra which are given below:

• NITIE Mumbai – National Institute of Industrial Engineering
• SJMSOM IIT Bombay – Shailesh J Mehta School of Management Indian Institute of Technology
• SPJIMR, Mumbai
• SIBM Pune – Symbiosis Institute of Business Management
• School of Business Management SVKM’s Narsee Monjee Institute of Management Studies, Mumbai
• JBIMS Mumbai – Jamnalal Bajaj Institute of Management Studies
• IIM Nagpur – Indian Institute of Management
• KJ Somaiya SIMSR – K J Somaiya Institute of Management
• Welingkar Mumbai – Prin LN Welingkar Institute of Management Development and Research
• IMT Nagpur – Institute of Management Technology

Tier 1 MBA Colleges in Maharashtra: NIRF Ranking

The NIRF is the most reliable ranking system when it comes to higher education ranking in India. It is the government of India's initiative to analyze the standard of higher education imparted in various colleges in the country. The Tier 1 MBA colleges in Maharashtra 2022 NIRF Ranking are provided below in the article.

Note: The NIRF ranking for 2023 for Tier 1 MBA colleges in Maharashtra shall be released in the month of July.

Name of the College	NIRF 2022 Ranking
National Institute of Industrial Engineering, Mumbai	9
Indian Institute of Technology, Bombay	11
Symbiosis Institute of Business Management	17
S. P. Jain Institute of Management & Research	21
SVKM`s Narsee Monjee Institute of Management Studies	25
Indian Institute of Management, Nagpur	43
Principal L N Welingkar Institute of Management Development and Research	68
K.J.Somaiya Institute of Management	71
Pune Institute of Business Management	91
Institute of Management Technology, Nagpur	95

MBA CET Colleges in Mumbai -

Students often search for "Tier 1 MBA colleges in Maharashtra" when they are seeking for MBA schools in the state of Maharashtra. There are many good reasons for this. The state of Maharashtra is quickly becoming one of the most popular destinations for students interested in pursuing higher education in fields such as engineering, MBA, and many more. There are a variety of factors that contribute to Maharashtra's status as the state with the highest number of students in the nation. We have also mentioned the list of MBA CET Colleges in Mumbai

A large number of top B-Schools are located in Mumbai, the financial capital of our country. It is difficult to prepare well for a B-school application process if you are unfamiliar with the participating institutes. A list of MBA CET Colleges in Mumbai will help you apply to suitable institutes in the city.

There are various factors to consider before picking which institution to apply to and eventually join. These include professor and student quality, placements, price structure, infrastructure, and so forth.

Based on extensive research, we have compiled a complete list of MBA CET Colleges in Mumbai. 

The following are the MBA CET Colleges in Mumbai scores:

Top MBA CET Colleges in Mumbai

Sr. No.	Name of MBA CET Colleges in Mumbai
1.	Jamnalal Bajaj Institute of Management Studies, Mumbai
2.	Sydenham Institute of Management Studies & Research & Entrepreneurship Education(SIMSREE), Mumbai (MMS)
3.	Sydenham Institute of Management Studies & Research & Entrepreneurship Education(SIMSREE), Mumbai (PGDM)
4.	K. J. Somaiya Institute of Management Studies & Research, Mumbai
5.	N. L. Dalmia Institute of Management Studies and Research, Mumbai
6.	Prin. L. N. Welingkar Institute of Management Development & Research, Mumbai
7.	Bombay St. Xavier College Soc.'s Xavier Institute of Management &Research, Mumbai
8.	S.I.E.S. College of Management Studies, Mumbai
9.	MET's Institute of Management, Mumbai
10.	Chetana's Ramprasad Khandelwal Institute of Management & Research, Mumbai

MBA CET Colleges in Mumbai 2023

Now that the test results have been out, the top MBA CET Colleges in Mumbai 2023 scores for the counseling procedure for the MBA, MMS, and PGDM courses will start very soon when the admission department has finished publishing their cutoffs. The results of the MAH MBA CET are accepted by more than 350 MBA schools located in the state of Maharashtra. 

Students must achieve 97 percentile or more to get admitted to one of the MBA CET Colleges in Mumbai 2023. A percentile of 85 to 95, on the other hand, may get you into a reputable institution in Maharashtra.

The MAH MBA CET 2023 test was held on March 25 and 26, 2023, and the MAH CET 2023 results were announced on June 3, 2023. We have given a thorough list of theMBA CET Colleges in Mumbai 2023 results for admission, along with their projected cutoff, courses offered, tuition structure, and more in this post. 

These MBA CET Colleges in Mumbai are well-known for providing high-quality education, infrastructure, industrial training, placement, and other services.

Top MBA CET Colleges in Mumbai 2023 score: 

Expected Cut Offs for MBA CET Colleges in Mumbai Category Candidates

The MBA CET Colleges in Mumbai listed below will admit Maharashtra State category DTE Maharashtra regulates MBA/MMS courses, and admission is via the DTE CAP cycle. Many of these MBA colleges that accept MAH CET results also offer PGDM courses, which are not controlled by DTE CAP.

The biggest contrast between DTE's MMS/MBA and the Institute's PGDM is in the cost. MBA/MMS prices are less expensive than PGDM fees. The following Mah CET cut off and fees are for DTE Maharashtra regulated MMS/MBA programmes:

Name of MBA CET Colleges in Mumbai	MBA CET Colleges in Mumbai Cut off score range for Maharashta State category	MBA CET Colleges in Mumbai Fee (Rs. In Lakhs)
JBIMS Mumbai: Jamnalal Bajaj Institute of Management Studies	126-132	MMS: Rs. 6 lakhs
SIMSREE Mumbai: Sydenham Institute of Management Studies And Research And Entrepreneurship Education	120-127	MMS: Decided by DTE Maharashtra (Expected Fee Rs.2.50 Lakhs)
Prin. L. N. Welingkar Institute of Management Development & Research	115-120	MMS: Decided by DTE Maharashtra (Expected Fee Rs.2.50 Lakhs+Other fees)
PUMBA: Department of Management Sciences University of Pune	110-117	MBA: As per University Norms (Expected Rs.3 lakhs)
Dr. D. Y. Patil Institute of Management & Research (DYPIMR), Pimpri, Pune	90-100	MBA: Rs.1.50 lakhs
SIES College of Management Studies, Navi Mumbai	110-117	MMS: Decided by DTE Maharashtra (Expected Fee Rs.2.50 Lakhs+Other Fees)
Kohinoor Business School, Mumbai	80-90	MMS: Decided by DTE Maharashtra (Expected Fee Rs.2.50 Lakhs + Other Fee)
IES Management College And Research Centre, Mumbai	80-90	PGDM: Rs. 9.12 lakhs
Vivekanand Business School	60-70	PGDM: Rs. 8.00 lakhs
ATLAS SkillTech University Mumbai	60-70	MBA: Rs. 10.45 lakhs
Durgadevi Saraf Global Business School (DSGS) Mumbai	80-90	MMS: Rs.2.37 lakhs per annum
Guru Nanak Institute of Management Studies, Mumbai	80-90	MMS: Decided by DTE Maharashtra (Expected Fee Rs.2.50 Lakhs+ Other Fees)
Rizvi Institute of Management Studies & Research (RIMSR), Mumbai	80-90	MMS: Rs.2.15 lakhs
Aditya School of Business Management (ASBM) Mumbai	70-80	PGDM: Rs. 7.80 lakhs
XIMR Mumbai	100-106	MMS: Decided by DTE Maharashtra (Expected Fee Rs.2.50 Lakhs+Other Fees)

MBA CET Colleges in Mumbai & All India Category Candidates Expected Cutoff

In the table below, we have listed the expected cutoffs for top MBA colleges in Maharashtra and all over India:

Name of the College	Cutoff Score Range for Maharashtra State Category	Cutoff Score Range for All India Category
JBIMS Mumbai: Jamnalal Bajaj Institute of Management Studies	126-132	135-140
Prin. L. N. Welingkar Institute of Management Development & Research	115-120	126-130
PUMBA: Department of Management Sciences University of Pune	110-117	122-125
SIES College of Management Studies, Navi Mumbai	110-117	112-115
XIMR Mumbai	100-106	110-112
Dr. D. Y. Patil Institute of Management & Research (DYPIMR), Pimpri, Pune	90-100	85-90
DSIMS Mumbai: Durgadevi Saraf Institute of Management Studies	80-90	85-90
Kohinoor Business School, Mumbai	80-90	85-90
Rizvi Institute of Management Studies & Research (RIMSR), Mumbai	80-90	90-100
SIMSREE Mumbai: Sydenham Institute of Management Studies And Research And Entrepreneurship Education	120-127	130-135
Guru Nanak Institute of Management Studies, Mumbai	80-90	85-90

Tier 1 MBA Colleges in Maharashtra: Through MH CET

MH CET, which stands for the Maharashtra Common Entrance Test is one of the most popular exams to get admission into the top MBA colleges in Maharashtra. There are various MBA colleges in Maharashtra that shall provide the candidate admission on the basis of MH CET scores only. The following are the Top 10 MBA Colleges in Maharashtra through CET given below. Have a look:

Name of the College	Program offered & Average Fee	The program offered & Average Fee
JBIMS Mumbai: Jamnalal Bajaj Institute of Management Studies	MMS: Rs. 6 lakhs	126 -132
SIMSREE Mumbai: Sydenham Institute of Management Studies And Research And Entrepreneurship Education	MMS: Decided by DTE Maharashtra (Expected Fee Rs.2.50 Lakhs)	120 -127
Prin. L. N. Welingkar Institute of Management Development & Research	MMS: Decided by DTE Maharashtra (Expected Fee Rs.2.50 Lakhs+Other fees)	115 - 120
PUMBA: Department of Management Sciences University of Pune	MBA: As per University Norms (Expected Rs.3 lakhs)	110 -117
SIES College of Management Studies, Navi Mumbai	MMS: Decided by DTE Maharashtra (Expected Fee Rs.2.50 Lakhs+Other Fees)	110 -117
XIMR Mumbai	MMS: Decided by DTE Maharashtra (Expected Fee Rs.2.50 Lakhs + Other Fees)	100 -106
Dr. D. Y. Patil Institute of Management & Research (DYPIMR), Pimpri, Pune	MBA: Rs.1.50 lakhs	90 - 100
IES Management College And Research Centre, Mumbai	PGDM: Rs. 9.12 lakhs	80 - 90
Durgadevi Saraf Global Business School (DSGS) Mumbai	MMS: Rs.2.37 lakhs per annum	80 -90
Kohinoor Business School, Mumbai	MMS: Decided by DTE Maharashtra (Expected Fee Rs.2.50 Lakhs + Other Fee)	80 -90
Rizvi Institute of Management Studies & Research (RIMSR), Mumbai	MMS: Rs.2.15 lakhs	80 -90
Guru Nanak Institute of Management Studies, Mumbai	MMS: Decided by DTE Maharashtra (Expected Fee Rs.2.50 Lakhs+ Other Fees)	80 - 90
Aditya School of Business Management (ASBM) Mumbai	PGDM: Rs. 7.80 lakhs	70 - 80
Vivekanand Business School	PGDM: Rs. 8.00 lakhs	60 - 70
ATLAS SkillTech University Mumbai	MBA: Rs. 10.45 lakhs	60 - 70

Tier 1 MBA Colleges in Maharashtra: Colleges with Fee Structure

Before selecting the program that is the best fit for them, applicants seeking admission to MBA colleges in Maharashtra should research the cost of each institution. Candidates should thoroughly investigate the costs of MBA courses in Maharashtra as well as the services they offer. The Tier 1 MBA colleges in Maharashtra are listed below, along with their fee structures.

Name of the College	Total Fees
Symbiosis Institute of Business Management	Rs 14.40 lakhs – Rs 25.40 lakhs
School of Business Management SVKM’s Narsee Monjee Institute of Management Studies, Mumbai	Rs 20.84 lakhs
S. P. Jain Institute of Management and Research Fees (SPJIMR, Mumbai)	Rs 8.00 lakhs – Rs 17.50 lakhs
K. J. Somaiya Institute of Management Studies & Research	Rs 16.19 lakhs
IIM Nagpur	Rs 13.74 lakhs
IMT Nagpur	Rs 11.94 lakhs
National Institute of Industrial Engineering	Rs 10.83 lakhs
IIT Bombay	Rs 9.55 lakhs
Bharati Vidyapeeth’s Institute of Management and Entrepreneurship Development	Rs 4.50 lakhs
Principal L N Welingkar Institute of Management Development and Research	Rs 1.60 lakhs

Tier 1 MBA Colleges in Maharashtra: Colleges with Low Fees

To keep higher education inclusive it is important to keep it affordable and accessible for students from diverse backgrounds as well. The following list presents the Top 10 MBA Colleges in Maharashtra with low fees for students to comprehend and take wise decision making. The Tier 1 MBA colleges in Maharashtra with low fees are as follows:

Name of the College	Average Fee (In INR)
BVIMSR Mumbai: Bharati Vidyapeeth's Institute of Management Studies & Research	4,50,000
Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth, Pune	4,50,000
KJ SIMSR Mumbai	3,30,000
Indira Institute of Management -IIMP, Mumbai	2,40,000
Ambedkar Institute of Management, Nagpur	2,02,000
University of Mumbai	2,00,000 – 8,000
Dr D Y Patil Institute of Technology Pune	1,99,480
Department of Management Sciences, Pune University	1,53,000
PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University	1,32,388
SIMSREE Mumbai: Sydenham Institute of Management Studies and Research And Entrepreneurship Education	1,34,000
Shreemati Nathibai Damodar Thackersey Women's University - [SNDT], Mumbai	1,00,905
Sancheti Group of Institutions, Pune	90,000
NMIMS Global Access School for Continuing Education (NGA-SCE)	76,000
Thakur Institute of Management Studies and Research - [TIMSR] Mumbai	63,791
IIT Bombay - Indian Institute of Technology - [IITB], Mumbai	50,400
Department of Business Management, Nagpur University	47,420
Hansraj Jivandas College of Education, Mumbai	6,600

Tier 1 MBA Colleges in Maharashtra: Government Colleges

Students often search for the Top 10 Government MBA colleges in Maharashtra. But it is unfortunate to know that there aren’t many government MBA colleges in Maharashtra to make the list. We hope soon many new institutes by the government shall crop up in the future. For now, the Tier 1 MBA colleges in Maharashtra Government are as follows along with their total course fee:

Name of the College	Total Fee
Indian Institute of Management, Nagpur	INR 17.70 lakh
Indian Institute of Technology, Bombay	INR 8 lakh
NITIE, Mumbai	INR 6.62 lakh

Tier 1 MBA Colleges in Maharashtra: Private Colleges

There are various top private MBA colleges in Maharashtra. Some of these best private MBA colleges in Maharashtra make up the list of the top 10 MBA colleges in Maharashtra and are included in the Tier 1 MBA colleges in Maharashtra as well. To know about the Tier 1 MBA colleges in Maharashtra Private, have a look below:

Name of the College	Total Fees
BITSoM	INR 24,50,000
SPJIMR Mumbai	INR 17,50,000
Vijay Patil School of Management	INR 14,00,000
SIBM Pune	INR 9,60,000
NMIMS Mumbai	INR 9,25,000
IMT Nagpur	INR 8,20,000
NITIE Mumbai	INR 3,60,000
KJ SIMSR Mumbai	INR 3,30,000
IMED Pune	INR 2,42,000

Tier 1 MBA Colleges in Maharashtra: Placement-wise

Below are given the Tier 1 MBA colleges in Maharashtra placement-wise. The list shall help the student get an idea about the Top 10 MBA Colleges in Maharashtra placement wise and they can then choose their colleges accordingly. Note that these Tier 1 MBA colleges in Maharashtra are also among the top MBA colleges in India. To about the Tier 1 MBA colleges in Maharashtra placement-wise, have a look below:

• IIT Bombay
• University of Mumbai
• NMIMS Global Access School for Continuing Education
• SIMSREE Mumbai
• PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University

Tier 1 MBA Colleges in Maharashtra: Course Details

Some of the popular and commonly asked highlights about Tier 1 MBA colleges in Maharashtra are given in the table below:

Course Name	Tier 1 MBA colleges in Maharashtra
Tier 1 MBA colleges in Maharashtra Duration	2 years (4 semesters or 6 trimesters)
Tier 1 MBA colleges in Maharashtra Eligibility	Graduation in any discipline
Tier 1 MBA colleges in Maharashtra Admission Process	Entrance test + GD + PI
Tier 1 MBA Colleges in Maharashtra Entrance Exams	MH CET, CAT, XAT, NMAT, CMAT, SNAP, MAT, etc.
Tier 1 MBA colleges in Maharashtra Fee	INR 12-15 Lakhs
Average Salary after the course	INR 10,00,000
Tier 1 MBA Colleges in Maharashtra Admission Process	Google, Amazon, Microsoft, Facebook, Accenture, IBM, etc.

Tier 1 MBA Colleges in Maharashtra: Admission Process

There are two modes to get admission in Tier 1 MBA colleges in Maharashtra

• Entrance exam
• Direct Admission based on merit basis or management quota basis

The process of admission to Tier 1 MBA colleges in Maharashtra can be broken down into the following steps:

• Registration and Applying for the Entrance exam: Registration on the given date or before is often missed by the students, resulting in they cannot appearing for the examination for Tier 1 MBA colleges in Maharashtra. The important exam for MBA is CAT; can be registered on the official website iimcat.in. For other exams like NMAT, XAT, CMAT, and SNAP, the students have to register separately.
• Clearing the exam: Place your attendance in the examination hall. A lot of students miss the examination even after registration. Come with preparation and the intention of clearing the exam. Wait for the result.
• Wait for the Shortlisting Process:  The shortlisting process for Tier 1 MBA colleges in Maharashtra is done on the basis of the total number of students who appear for the exams and the number of seats available. The cutoff for Tier 1 MBA colleges in Maharashtra for all colleges are then announced.
• Last Admission process stage - GD-PI-WAT Round: In admission for Tier 1 MBA colleges in Maharashtra this round is for the group discussion and the personal interview. Both carry different weightage for the final result.

Tier 1 MBA Colleges in Maharashtra: Eligibility

The eligibility criteria for Tier 1 MBA colleges in Maharashtra are provided below. The students are expected to go through the eligibility criteria vigilantly to avoid any mistakes for applying and pursuing the course Tier 1 MBA colleges in Maharashtra.

• Students are expected to keep their graduation score up to 50%. 
• Students belonging to the reserved categories such as OBC, SC, and ST in Tier 1 MBA colleges in Maharashtra get a 5% relaxation.
• The majority of MBA colleges allow their final-year students to apply for MBA admissions if the students can submit their provisional certificates from the college. Hence even final-year students can apply for Tier 1 MBA colleges in Maharashtra.
• There is also a domicile reserve seat for the students of Maharashtra and employees working in the Maharashtra state government. For this, the students are requested to keep themselves updated on the official website of the state government.

Tier 1 MBA Colleges in Maharashtra: Entrance Exams

The various entrance exams to get into the top Tier 1 MBA colleges in Maharashtra are as follows:

Exam Name	Registration Dates for the Exam	Examination Dates
MH CET	9 March – 6 April 2023	16 April 2023
CAT 2023	September 2023 third week	Nov 26, 2023
XAT 2024	November 30, 2023	Jan 7, 2024
SNAP 2023	November 2023 third week	December 2023, 2nd/ 3rd-week
NMAT by GMAC 2023	November 2023 last week	Oct to Dec 2023
CMAT	December 26, 2022 – February 25, 2023	4 May 2023
IIFT 2024	November 2023 third week	December 2023 third week
IBSAT 2023	November 2023 last week	December 2023 last week
TISSNET 2024	Nov 2023 to Jan 2024	February 2024, 2nd week

Note: The MH CET (Maharashtra Common Entrance Test) is a separate exam conducted for admission into various colleges in the state of Maharashtra only.

Tier 1 MBA Colleges in Maharashtra: Jobs

The table below discusses the job profile one can expect after doing a course from Tier 1 MBA colleges in Maharashtra, along with their description and average salary offered.

Job Profile	Job Description	Average Salary
Information Technology Directors	CTO (Chief Technology Officer)	34 Lakhs
CTO (Chief Technology Officers)	CTO (Chief Technology Officer)	25 Lakhs
Information System Managers	Their job is to overlook the infrastructure of technical operations, eliminate security risks, and maintain operations and systems.	20 Lakhs
Program Manager	A program Manager provides strategic guidance to teams and project managers in ways that promote the company's culture. They also oversee the progress of operations and develop efficient strategies and tactics.	19 Lakhs
Project Manager -IT Software	His/Her responsibility is to look after the delivery of the output of the program. Individuals who can look after the progress of operations and formulate efficient strategies and tactics are fit for this job.	18 Lakhs

Tier 1 MBA Colleges in Maharashtra: Top Recruiters

• Accenture                  
• Apple                         
• Disney
• ESPN                          
• Foxconn                    
• HP                              
• IBM
• Infosys                       
• L&T
• Microsoft
• TCS                            
• Wipro                        

Tier 1 MBA colleges in Maharashtra professionals can also find careers in a variety of options in Defense, Space agencies, and the Automobile sector as well. Students are often looking forward to such opportunities to pursue a career in government sectors as well after doing a course from Tier 1 MBA colleges in Maharashtra.

Government Sector Enterprises	Indian Firms	Foreign Firms
BSNL	Infosys	Amazon
Indian Railways	Wipro	Apple
Indian Air Force	IBM	Brain & Company
ISRO	Accenture	BCG
Doordarshan	Tata Consultancy Services	Citigroup
	Larsen & Toubro	Deloitte
		Goldman Sachs
		JP Morgan
		McKinsey
		Morgan Stanley
		Walt Disney

Tier 1 MBA Colleges in Maharashtra: Salary

Students are often curious to know the average salary various job titles expect after completion of their program from Tier 1 MBA colleges in Maharashtra. Various job titles and their average salary is given below:

Job Title	Average Salary
Senior Project Manager, Information Technology	₹ 23,40,443
Project Manager, Information Technology	₹ 14,59,771
Project Manager	₹ 14,55,051
Information Technology Manager	₹ 12,42,095
Senior Software Engineer	₹ 9,11,355
Senior Business Analyst	₹ 9,87,801
Business Analyst, Information Technology	₹ 5,94,489

Frequently Asked Questions about Tier 1 MBA Colleges in Maharashtra

Below are the frequently asked questions about Tier 1 MBA colleges in Maharashtra. Have a look:

Q. What are the Tier 1 MBA colleges in Maharashtra?

Ans. Some of the Tier 1 MBA colleges in Maharashtra are:

• National Institute of Industrial Engineering, Mumbai
• Indian Institute of Technology, Bombay
• Symbiosis Institute of Business Management
• S. P. Jain Institute of Management & Research
• SVKM`s Narsee Monjee Institute of Management Studies
• Indian Institute of Management, Nagpur

Q.  Which are government colleges among Tier 1 MBA colleges in Maharashtra?

Ans.  Some of the government colleges among Tier 1 MBA colleges in Maharashtra are

• Indian Institute of Technology, Bombay
• Indian Institute of Management, Nagpur
• NITIE, Mumbai

Q. What is meant by Tier 1 MBA colleges in Maharashtra?

Ans. Tier 1 to Tier 1 MBA colleges in Maharashtra are those that have the best: Academics, infrastructure, faculty, research, placements, alumni network, and national/international presence. They also have high NIRF/NAAC ratings.

Q. Is a Tier 1 MBA college in Maharashtra worth it?

Ans. Absolutely, Tier 1 MBA programs in Maharashtra are worthwhile. Depending on the goals you have and the college you plan to attend. It is advisable to proceed with the top Tier-2 and Tier-1 MBA colleges in Maharashtra. Pick the ones with reasonable (not absurdly high) tuition fees, a respectable infrastructure, qualified instructors, exposure opportunities, and successful placements.

Q. Which MBA Colleges one should apply to in Maharashtra?

Ans. You should apply to 5 Tier 1 MBA colleges in Maharashtra above and 5 colleges below your caliber to spread out your chances of getting into the MBA colleges in Maharashtra in a single attempt.

Q. Does IIT Bombay comes under Tier 1 MBA colleges in Maharashtra?

Ans. Yes, IIT Bombay comes under the Tier 1 MBA colleges in Maharashtra.

Q. Which Tier 1 MBA colleges in Maharashtra have the best placement?

Ans. The Tier 1 MBA colleges in Maharashtra with the best placements are:

• IIT Bombay
• University of Mumbai
• NMIMS Global Access School for Continuing Education
• SIMSREE Mumbai
• PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University

Q. Is the list for Tier 1 MBA colleges in Maharashtra 2023 published yet?

Ans. No, the list for the Tier 1 MBA colleges in Maharashtra 2023 has not been published yet. The NIRF has notified the list shall be made available by 23 July 2023.

Q. Which college is best for MBA in Maharashtra?

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

Q. Is Amity Mumbai good for MBA?

Ans. Yes, Amity Mumbai is good for MBA courses. The college 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.