Top MBA Colleges in Maharashtra and their Cut-Off

The best MBA programmes in Maharashtra are available in a variety of specialties, including finance, marketing, supply chain management, information technology, international trade, and many others. In Maharashtra, there are more than 601 accredited MBA/PGDM institutions. In Maharashtra, there are 54 government and 531 private MBA schools.
Top MBA Colleges In Maharashtra And Their Cut-Off

The best MBA programs in Maharashtra are available in a variety of specialties, including finance, marketing, supply chain management, information technology, international trade, and many others. In Maharashtra, there are more than 601 accredited MBA/PGDM institutions. In Maharashtra, there are 54 government and 531 private MBA schools. The majority of Maharashtra’s leading MBA schools have received AICTE and UGC approval and recognition. Top MBA Colleges In Maharashtra And Their Cut-Off

In terms of the best MBA programs in India, the National Institute of Industrial Engineering-Mumbai, Indian Institute of Technology Bombay, and SIBM Pune are placed 9, 11, and 17 by NIRF Ranking 2022, respectively.

Mumbai and Pune are home to the majority of Maharashtra’s top MBA institutions. Over 161 people are connected to Savitribai Phule Pune University (SPPU), and 41 people are connected to Mumbai University (MU).

Most of the leading MBA colleges in Maharashtra will provide MBA Admission in 2022 based on the results of management entrance exams like the MAH CET, CAT, SNAP, CMAT, etc., followed by rounds of group discussions or individual interviews.

Some of the best MBA schools in Mumbai include SP Jain Institute of Management and Research (SPJIMR), Jamnalal Bajaj Institute of Management Studies (JBIMS), and School of Business Management NMIMS University (SBM NMIMS).

According to the colleges and location, the average annual tuition for MBA/PGDM programs at the top MBA colleges in Maharashtra might range from INR 50,000 to 30 Lakhs.

The National Academy of Management Studies (NAMS) in Mumbai and the Savitribai Phule Institute of Management are two of the top MBA schools in Maharashtra with fees under INR 60,000. Shivaji University – [SUK], Kolhapur; Pune University – [SPPU]; and S.B.E.S. College of Arts and Commerce, Aurangabad.

The top MBA programs in Maharashtra are well known and well-known for their high placement rates and favorable returns on investment. The top MBA schools in Maharashtra offer a CTC that ranges from INR 24 to 30 LPA on average.

Some of the prominent businesses that take part in the placement drives held by the top MBA/PGDM colleges in Maharashtra are Accenture, Amazon, Axis Bank, HCL, and HDFC.

The [SPJIMR] SP Jain Institute of Management and Research Sandip University in Nashik, Mumbai, Symbiosis Institute of Business Management (SIBM), Pune, and Narsee Monjee Institute of Management Studies (NMIMS Deemed To Be University) Some of the top MBA schools in India for MBA Finance are located in Mumbai.

Table of Contents

List of Contents

  • Shailesh J. Mehta School of Management, IIT Bombay
  • SP Jain Institute of Management and Research
  • Symbiosis Institute of Business Management
  • Jamnalal Bajaj Institute of Management Studies, Mumbai
  • Prin. LN Welingkar Institute of Management Development and Research, Mumbai
  • Sydenham Institute of Management Studies, Research and Entrepreneurship Education, Mumbai
  • Department of Management Science, University of Pune, Pune
  • SIES College of Management Science, Navi Mumbai
  • Xavier Institute of Management & Research, Mumbai
  • MET Institute of Management, Mumbai
  • Chetana’s Institute of Management and Research, Mumbai
  • Vivekanand Education Society’s Institute of Management Studies and Research, Mumbai

Detailed contents of Top MBA Colleges in Maharashtra and their cut-offs

Shailesh J. Mehta School of Management, IIT Bombay

IIT Bombay is home to the 1995-founded Shailesh J. Mehta School of Management (SJMSOM). A two-year flagship MBA program in management is available from SJMSOM, along with doctoral programs in management. For NIRF 2022 and The Week 2020’s MBA rankings, the college is ranked 11 and 13, respectively. For the faculty of technical and management schools, the school also provides short-term programs in management throughout the summer and winter months.

For its management master’s program, SJMSOM recognizes CAT/GMAT scores. Tests that demonstrate English competence include the TOEFL and IELTS. The candidates for the doctoral program must submit an SOP on the planned research topic. A written test will be administered to the shortlisted candidates. A written test and interview will be scheduled for the shortlisted candidates. The 2020 SJMSOM CAT Cut-off for Management Course Admission was 98 percentile.

Despite the difficulties the Covid-19 Pandemic presented, SJMSOM was able to finish the final placement procedure for its class of 2020–2022. This year, there were numerous recruiters offering positions in a variety of industries, including BFSI, consulting, E-commerce/IT, FMCG/Manufacturing, Healthcare, etc., to students at the school. The typical bundle was 18.1% and cost INR 25.9 LPA. The median CTC was 25.8 LPA (INR). Additionally, the top package was raised to INR 49 LPA.

SJMSOM Ranking

Ranking/ Accrediting BodyCategoryRanking
NIRF 2022Top 100 B-schools 11
The Week 2020MBA/PGDM13
BW Business World 2021MBA in B-School 17

SJMSOM Courses

Course ProgramEligibility & Selection CriteriaCourse Fee
MBAA four year Bachelor’s degree or a Master’s degree in any discipline with first-class or 60% marks / A minimum CPI of 6.5 (6 in case of candidates belonging to SC/ST category) out of 10
Duration 2 years
Selection Criteria: CAT/GMAT Score
Intake: 152
INR 18.72 Lacs
EMBAThe candidates must hold a Bachelor’s degree or equivalent from an institution of higher education /must have a minimum of 7 years of work experience including five years of managerial experience or equivalent.
Duration 18 months
Selection Criteria: TOEFL/IELTS to be given to prove English proficiency.
INR 39 Lacs
PhDB.E/B.Tech /ME/M.Tech/M.Phil with 60% marks/6.5 CPI
Duration 5 years
Selection Criteria: GATE/UGC-NET Lectureship)/ UGC-JRF/ CSIR-NET (Lectureship)/CSIR-JRF or CAT/GMAT/GRE score within the last five years.+ Sample SOP /written test/ PI
INR 96,000

SJMSOM Cut-Off (Expected)

The SJMSOM-IIT Bombay Cut-off for MBA Admission 2021 has been loosened. Only those applicants who have achieved a sectional percentile rank, overall percentile rank and a positive (greater than zero) raw score on each of the CAT-2020’s sections above the minimal cut-offs have been taken into consideration for all following phases.

CategoryMinimum Overall Cut offSection-1: VARCSection-2: DILRSection-3: Quant
General / EWS90808080

SJMSOM Placement

Released is the SJMSOM IIT Bombay Final Placements 2022 report. The institute has attained a placement rate of 100%. The recruitment drive included 43 recruiters. JP Morgan, Accenture Strategy, Amazon, Flipkart, P&G, Marico, and many more were some of the top employers. The following are the main highlights of the placement drive for 2022:

The highest pay rose by over 50% and was INR 49 LPA.

The typical wage rose by 18% and was INR 25.93 LPA.

The median wage rose by 17% and was INR 25.76 LPA.

The female candidates’ highest CTC was INR 32.8 LPA.

The average pay for female students was INR 29.8 LPA.

43 businesses in total, as well as 11 new recruiters, came to the campus.

SP Jain Institute of Management and Research

Private management college SPJIMR Mumbai has received rankings of 21st by NIRF 2022 and #151-200 by QS World University Ranking 2022. Bharatiya Vidhya Bhawan’s SP Jain Institute of Management is accredited by the NBA, UGC, and AACSB (Association of Advance Collegiate Schools of Business). The college provides PGDM, PGPM, GMP (Global Management Program), PGMPW (Post Graduate Management Program for Women), and FPM programs as full-time residential courses. The institution provides 2 programs in entrepreneurship, 2 global programs, 1 executive program, and 3 social sector programs in addition to 5 courses on family business management. PGEMP and PGPGM, two executive management programs offered by SPJIMR, are available at the Mumbai and Delhi campuses, respectively.

The PGDM program at SP Jain Mumbai features a distinctive application process where the initial MBA shortlist is announced based on academic performance and entrance exam performance (CAT/GMAT). In order to choose students with slightly lower CAT/GMAT scores, the college places more focus on applicants’ academic profiles. For the year 2022, SPJIMR has removed XAT from its admission requirements.

SPJIMR High Points

SPJIMR received accreditation from the esteemed AACSB in 2018. The college also received AACSB and AMBA awards.

According to the Financial Times Masters in Management (MIM) 2021 Rankings, India is ranked second, and the world is ranked 39. In 2022, NIRF ranked the college #21 in the Management Category.

Fees & Intake: SP Jain’s PGDM fees are 19 Lakhs, which are reasonable in terms of ROI when compared to the median placement of 25 Lakhs. The SP Jain Mumbai PDGM seat intake is 276.

Significant changes to MBA admissions for the year 2022: SPJIMR has eliminated the XAT from the selection process and will only accept the CAT 2021 and GMAT (Jan 2019- Dec 31, 2021). minimal CAT and GMAT Cut-off for MBA 2022 is 85 percentile.

Student Exchange Program: The college collaborates with the International Business School at Brandeis University, the School of Business at EBS Universität, the IESEG School of Management, and Nyenrode Business University to offer the Global Management Program. Top international B-Schools like the Carnegie Mellon University (Tepper School of Business), Cornell University (Johnson School of Management), Michigan State University (Eli Broad College of Business), and schools in Europe and Asia have worked with SPJIMR. The list of schools is subject to change annually.

Placements: For its PGDM and PGPM 2021–22 classes, SPJIMR has completed the 2022 placement drive. The average compensation package for PGDM students was INR 32.06 LPA and for PGPM students it was INR 23.6 LPA. The biggest compensation package was INR 53.16 LPA.

The Global Fast Track (GFT) Program enables PGDM students to visit top-ranked B-Schools throughout the world to learn more about their areas of expertise. The three-week course gives the students time to participate in their internship.

SPJIMR Admission Dates

CAT 2022 Exam Date (Tentative)Nov 27, 2022
CAT 2022 Registration Window (Tentative)Aug 3, 2022 – Sep 23, 2022
Last Date to Apply for Admission (PGP GM)Jun 30, 2022
Last Date to Apply for Admission (PGPM)Aug 15, 2022

SPJIMR Ranking

CAT 2022 Exam Date (Tentative)Nov 27, 2022
CAT 2022 Registration Window (Tentative)Aug 3, 2022 – Sep 23, 2022
Last Date to Apply for Admission (PGP GM)Jun 30, 2022
Last Date to Apply for Admission (PGPM)Aug 15, 2022

SPJIMR CAT Cut-off 2023

CourseCategoryOverall Percentile

85 percentile on the CAT or GMAT is the SPJIMR Cut Off to be eligible for the MBA admissions process. 75 percentile is the sectional cutoff for the same. In contrast to past years, the MBA (PGPDM) admissions process does not use XAT scores. Candidates must achieve a minimum score in any one entrance exam in order to be considered for GMP admission at SPJIMR. The required GMAT score for GMP is 550, the required GRE score is 300, and the required CAT/XAT percentile is 80.

2022 SPJIMR Placements

The recent completion of the SPJIMR 2021–22 placement drive. Reputable recruiters visited the university, including Accenture, Bain, Cognizant, KPMG, and LTI. From INR 46.65 LPA in 2021 to INR 53.16 LPA in 2022, the maximum wage package increased. The following table summarises the key placement outcomes by course for the SPJIMR Placements 2022:

Number of recruiters7075
First-time recruiters33
Number of PPO123
Number of students 238130
Highest salaryINR 53.16 LPA
Average SalaryINR 32.06 LPAINR 23.06 LPA
Median salaryINR 30.10 LPA
The average salary of top 25%INR 31 LPA
The average salary of top 50%INR 28.7 LPA
Top recruiting sectorsConsulting & FMCGConsulting & Technology

Symbiosis Institute of Business Management

Pune is home to SIBM, a private management school. A part of Symbiosis International (deemed) University is SIBM Pune. SIBM is a college with a grade of “A” from the NAAC. MBA, MBA (Innovation and Entrepreneurship), and Executive MBA programs are all available through the college. Registration for SNAP has started for the class of 2023. A candidate for MBA admission should sign up for the SNAP test between August 4 and November 24, 2022. Candidates must first show up at the assigned testing location to take the SNAP exam. Additionally, SIBM Pune publishes a shortlist based on this SNAP score. Candidates who have been chosen must show up for a personal interview, a group exercise, and a WAT. The list of chosen candidates is then posted on the official website of SIBM Pune. Total MBA tuition at SIBM Pune is INR 23.32 Lakhs.

Sixty spots are available for SIBM MBA Executive Admissions. Personal interviews are the basis for MBA Executive Admissions. Candidates for the SIBM Pune Executive MBA program must have at least two years of full-time job experience. The MBA Executive program costs INR 6.7 Lakhs in total.

MBA Placements for 2022 have also come to a close at SIBM Pune. The highest wage package was INR 45.5 LPA, with an average salary package of INR 23.06 LPA for SIBM Pune Placements 2022. In the Summer Internship Placements 2022, MBA students received the highest stipend of INR 3 lakhs per month.

SIBM Highlights in Pune

SNAP scores are accepted by SIBM Pune for admission to its 180-seat MBA program.

The cost of the SIBM Pune MBA program is INR 23,32,000. The SIBM Pune Executive MBA program costs INR 6.7 Lakhs in total.

MBA, MBA (Innovation & Entrepreneurship), MBA Executive, and PGDBM programs are all available at SIBM Pune. The SIBM Pune MBA (Leadership & Strategy) Program is currently on hold.

The PGDBM Program is a corporate program provided by SIBM Pune. Admission is based on admittance and there are 40 seats available for the program.

The 30-month SIBM Pune MBA Executive program is divided into two semesters. For MBA Executive Admission, the college takes into account personal interviews and two years of professional experience.

The highest pay during SIBM Pune Placements 2022 was INR 45.5 LPA. The median CTC remained INR 20.80 LPA, and the average package remained INR 23.06 LPA.

SIBM Courses

Course NameEligibility & Selection CriteriaTotal Course Fees
MBAEligibility: Graduate candidates from a recognized University with a minimum of 50% marks.
Selection Criteria: SNAP Test Score
Intake of students: 180
INR 23.32 Lakhs
MBA ( Innovation & Entrepreneurship)Minimum 50% score in Graduation for general category students and 45% score for SC/ST. 
Selection Criteria: SNAP Test Score
Intake of students: 60
INR 17.32 Lakhs
MBA ( Leadership & Strategy) PausedA graduate from any recognized University / Institution of National Importance with a minimum of 50% marks or equivalent grade.
Minimum four years of full-time work experience after graduation. (Work experience to be calculated as of 31.05.2021)
Selection Criteria: SNAP Test Score
Intake of students: 60
MBA ExecutiveBachelor’s Degree from any statutory/recognized University with a minimum of 50% marks
Minimum two-year work experience after graduation. (Work experience to be calculated as of 31.05.2021)
Selection Criteria: On the basis of the Personal Interview
Intake of students: 60
INR 6.7 Lakhs (Admission Open

SIBM Pune MBA Cut-off 2023 (Expected)

YearCut-off Score
MBA Cut-off 2023 (Expected)Raw Score Range: 43+SNAP Percentile: 98.5
MBA 2022 Cut-off98.5
MBA 2021 Cut-off96
MBA 2020 Cut-off96

2022 SIBM Pune Placements

The recruitment drive for SIBM Pune’s class of 2022 recently ended. Over a hundred recruiters came to the school. The Aditya Birla Group, Accenture, Adani, Aditya Birla, Bajaj Finserv, and others were among the top employers. The highest wage package saw an increase of almost 49.77% from the prior year. 97 students received offers for pre-placement. The following is a list of the placement drive’s highlights:

  • The students received 217 placement offers overall.
  • The recruitment drive included more than 100 recruiters. 43 of them were inexperienced recruiters.
  • The highest MBA pay at SIBM Pune was INR 45.50 LPA.
  • The students received a salary of INR 23.06 LPA on average.
  • The median CTC was 20.80 LPA (INR).
  • The average LPA for the top 50 offers was 32.78 INR.
  • The top 100 offers had a 28.07 LPA average.
  • The average LPA for the top 150 offers was INR 25.43.
  • Male students made an average salary of INR 24.81 LPA.
  • Female students made an average of INR 22.31 LPA.
  • A majority of the proposals were from the consulting industry.
  • More than 100 businesses participated in the summer internship placement campaign, and more than 200 offers were made. Companies including Abbott India, Cipla, Bajaj Auto Ltd., and Optum offered internships to students. The following highlights are listed:

SIBM Pune Summer Placements 2023

A report on summer internship placements at SIBM Pune has been made public. More than 75 recruiters came on campus. Abbott, Asian Paints, ITC, Deloitte, and other significant recruiters were listed. The maximum monthly stipend is raised from INR 3 lakh to INR 3.5 lakh. The following is a list of the specific highlights:

  • The highest monthly stipend was INR 3.50 lakhs.
  • The average monthly stipend was INR 2.33 lakhs.
  • The average monthly stipend was INR 2.31 lakhs.
  • The average monthly salary for men was INR 2.21 lakhs.
  • The average monthly salary for women was INR 2.39 lakhs.
  • The average monthly salary for the top 10% was INR 3.43 Lakhs.
  • The average monthly salary for the top 25% was INR 3.05 lakhs.
  • The average monthly pay for the top 50% was INR 2.71 Lakhs.
  • The sectors offering the highest honorarium were FMCG/FMCD and Conglomerates.

SIBM Pune Ranking

Ranking AgencyRanking
NIRF 202217
Times B School 2022 (Overall)1
Outlook I Care Ranking 20213rd best among Management Private Colleges in India
India Today Ranking 20217th out of 268 
Business Today B School ranking 20201st in Pune 6th in Western India 7th BEST Private B-school in India 17th OVERALL

Pune SIBM Scholarships

The top 25 scorers in the open category of the snap examination are eligible for merit-based PG scholarships. The MBA program offers a scholarship worth INR 5 lakh to those who are chosen.

First-semester scholarships are given to SNAP top performers; scholarships for the following semesters are awarded on the basis of academic success with a minimum GPA of 3 attained by the same student the semester before. The well-known university scholarship programs that are available to students who meet the requirements outlined by the institution are listed below.

  • Malhotra Weikfield Foundation Scholarship for MBA-IB
  • Alumni Scholarship for first and second rank holders in MBA-IB
  • Jayatee Deshmukh PG Scholarship for a Girl Student
  • Outstanding sports person Scholarships

Jamnalal Bajaj Institute of Management Studies, Mumbai

The main program offered by JBIMS Mumbai is a 2-year full-time Master in Management Studies (MMS) degree. In addition to the MMS program, JBIMS also offers a Ph.D. program, a part-time MMS program, a full-time MSc Finance program, and a master’s program in human resource development (MHRD). “Maharashtra State Candidates” and “Other than Maharashtra State Candidates” are the two distinct categories for JBIMS MMS admissions. For candidates from the state of Maharashtra, the MAH CET score is acceptable, and JBIMS will accept scores from applicants who do not reside in the Maharashtra region. Based on the results of the entrance exam, the college releases a shortlist, and more applicants must show up for IN Person Assessments. Group activity, GD, and PI are all part of the in-person evaluation. Academic Profile/Extracurricular Activities, Work Experience, and Gender Diversity are also considered for final admission shortlisting at JBIMS Mumbai in addition to written exam scores.

JBIMS High Points

JBIMS MMS program: There are 138 seats available for the JBIMS MMS program, of which 12 are set aside for the EWS category and 6 for the TFWS. There are an additional 120 seats that are split between MS (Maharashtra Students) and Other Than Maharashtra Students (OMS). Students at OMS may apply for 18 seats using their CMAT, CAT, or MAH CET scores.

Admission Procedure: The Government of Maharashtra’s Directorate of Technical Education (DTE) and CET CELL run a competitive admissions process (CAP) to provide admission to JBIMS Mumbai’s Flagship MMS program.

The university is ranked 12 for MBA programs by India Today in 2021.

Faculty: There are 30 visiting faculty members and 8 permanent faculty members at JBIMS. All of the faculty members are extremely qualified, and the majority of them have doctorates in their specialties.

Facilities: The JBIMS campus is properly furnished with everything students might possibly need, including air-conditioned classrooms, clean hostel rooms, a Wi-Fi area, and a sizable library housing more than 40,000 volumes.

JBIMS’s 2022 placement campaign has ended with an average compensation of INR 27.63 LPA. The highest wage package on offer was INR 42 LPA, and the median salary was INR 26.48 LPA. During the placement drive, the BFSI & IB industries dominated.

JBIMS Admission Dates

MAH CET 2022 Exam Date (MBA)Aug 23, 2022; Aug 24, 2022; Aug 25, 2022
CAT 2022 Exam DateNov 27, 2022
CAT 2022 Registration WindowAug 3, 2022 – Sep 23, 2022

JBIMS Courses

Course Name Course EligibilityCourse Fee ( in INR)
MMSEligibility: Bachelor’s degree with a minimum of 50% marks in aggregate
Duration: 2 Years
Admission Criteria: MH CET/ CAT/CMAT, Group Activity, GD, and PI
6.05 Lacs
MHRDEligibility: Bachelor’s degree with 50% marks in aggregate 
Duration: 2 Years
Admission Criteria: Written Test, Group Activity, GD, and PI
7.05 Lacs
M.Sc. in FinanceEligibility: Bachelor’s degree in relevant subject with 50% score and Mathematics as the main subject at HSC level or first year of degree level.
Duration: 2 Years
Admission Criteria: MAH-CET/ CAT, Group Activity, GD, and PI
3.04 Lacs
Part-Time MMSEligibility: Graduation from a recognized University with 50% marks in aggregate or Graduation in Industrial Engineering, Mumbai or a Minimum of two years of experience (supervisor or executive level).
Duration: 3Years
Admission Criteria: Common Entrance Test and GD

2022 JBIMS Placements

JBIMS has finished its search for candidates for 2022. In comparison to the prior year, the mean wage and median salary both increased by 19.3% and 18.9%, respectively. Various industries sent out recruiters. Deloitte, EY, ZS Associates, PwC, Infosys, KPMG, and many more were significant recruiters.

Prin. LN Welingkar Institute of Management Development and Research, Mumbai.

One of the top management colleges in India is the Prin. L. N. Welingkar Institute of Management Development & Research, or Welingkar. The college has campuses in Bangalore and Mumbai. WeSchool Mumbai is renowned for offering its students a 2-year full-time flagship PGDM curriculum. The college additionally provides PGDM programs in Business Design, E-Business, Research & Business Analytics, Healthcare Management, Retail Management, Rural Management, and Media & Entertainment. The college offers admission to its PGDM programs based on applicants’ CAT, XAT, ATMA, and GMAT results.

The National Institutional Ranking Framework (NIRF) ranking of the top 100 Best Management Institutes for 2022 lists Welingkar Mumbai as the 68th-ranked educational institution in Mumbai. The college maintains connections with numerous foreign universities, including Audencia Nantes in France, VHL University of Applied Sciences in the Netherlands, the University of Haifa in Israel, the Ben-Gurion University of the Negev in Beer-Sheva, Tel Aviv University in Israel, IDC Herzliya in Israel, Copenhagen Business School in Denmark, Grand MacEwan College in Canada, Otto Fredrich Universitat in Bamberg, Germany, IESEG, F School of Management in France, Curtin.

A total of 358 firms visited the campus for Welingkar Mumbai’s final placements in 2021, with the highest offer being Rs 19.73 LPA. For the first time, 227 businesses participated in the WeSchool Placement Drive in 2021. The standard compensation was Rs 8.8 LPA.

Male to Female Ratio: The institution’s male-to-female ratio is 49.85% to 50.15%.

One of the main ways that the educational experience at WeSchool differs from other institutions is the “Global Citizen Leader Program (GCL)” of the Institute. included in every PGDM software.

WeSchool Mumbai offers MMS, PGDM, PGPM, Doctoral Ph.D., and part-time Master Programs as courses.

Welingkar Institute of Management has received recognition for excellence in employability through the industry with a “special jury mention.”

Placements: A total of 358 firms visited Welingkar Mumbai, 227 of which were new businesses. The Institute’s PGDM program offers the highest compensation package at INR 19.73 LPA, with an average package of INR 8.8 LPA.

Mumbai Placements for Welingkar in 2021

Companies responded very well to the placements at WeSchool, not just in terms of the number of job profiles but also in the variety of opportunities and alluring packages. A total of 358 businesses, including 227 new ones, visited the campus. The Institute’s highest salary package is INR 19.73 LPA for the PGDM program, with an average package of INR 8.8 LPA. Axis Bank, CITI Group, Cognizant Technology Solutions, Oracle, Wipro Technologies, Nestle India Limited, Schneider Electric, Morgan Stanley, DHL, Cognizant, Capgemini, Amazon, Accenture, Deloitte, HDFC Bank, Airtel, and others are just a few of the major employers. Analyst, Consultant, Senior Analyst, Associate Consultant, etc., were among the positions available.

Sydenham Institute of Management Studies, Research and Entrepreneurship Education, Mumbai

One of the most well-known Commerce Colleges in India is Sydenham Institute of Management Studies and Research and Entrepreneurship Education (SIMSREE). SIMSREE’s parent institution is Sydenham College. By providing a Full-Time Masters’ Program with a specialization in Finance, HR, Marketing, Operations, and Systems, the institute develops great leaders. It also provides a part-time master’s program in marketing and finance to better serve working professionals. SIMSREE recognizes merit obtained in the MAH CET, CAT, XAT, or MAT national-level exams.

Established | Institute Type1983 | Private
Approved byAICTE
Affiliated toMumbai University
Entrance ExamNational: CAT/ XAT/ MAT
Courses OfferedPG and Ph.D.
Application Mode | FeesOnline | INR 1150 & INR 950
No. of Seats – MMS | PGDBM | MFM & MMM | Ph.D198 | 60 | 30 | 24
Top RecruitersBank of America, Accenture, Kotak Mahindra Bank, HDFC Bank, Tata Capital, Schindler, Reliance General Insurance, Infosys, IndusInd Bank
Official Website
Admission Helpdesk+912261510701
Location3rd Floor, B-Road, Churchgate,
Mumbai – 400020, India

SIMSREE Positions

The final report for SIMSREE Placements 2021 has been made public. 86 recruiters reportedly visited the university, according to the report. 39 of them were rookie recruiters. The average pay for students was INR 12.30 LPA. The highest salary provided increased from INR 20 LPA to INR 25 LPA.

Department of Management Science, University of Pune, Pune

The NAAC has awarded the Department of Management Sciences, also known as Pune University MBA (PUMBA), an “A” grade and five stars. There are 360 students that can enroll in its BBA and MBA programs. MHCET, CAT, MAT, XAT, and ATMA are the national and state-level exams used to determine admissions.

PUMBA High Point:

Establishment Year1971
Official Website
Programs typeUG and PG
Affiliated toUniversity of Pune
Campus Area414 acres

PUMBA Positions

The department’s placement cell is renowned for its excellent placement performance. The department has had one of its best records in the last ten years since it was founded this year. A total of 144 students—or 96.25% of the class—were placed in reputable companies during this session.

The PUMBA In Pune, India, the Pune Department of Management Sciences (PUMBA) was founded. Being the official division of the MBA program at Pune University has improved PUMBA’s reputation. The department has been supplying the nation with a continuous stream of competent and young people. PUMBA offers the ideal environment to mold a person into a wonderful manager. It is located amidst the 414 acres of lush green environs of Pune University.

SIES College of Management Science, Navi Mumbai

SIES School of Business Studies in Mumbai, which was founded in 1995, is a well-known management school. It plans to give professionals and the burgeoning managers of the twenty-first-century access to high-quality management education. The SIES School of Business Studies, also known as SIESSBS, provides three full-time, two-year PGDM programs: PGDM, PGDM Biotechnology, and PGDM Pharmaceutical Management. AICTE has approved each and every PGDM program offered at SIES Mumbai. For PGDM admission, the institute accepts the CAT, XAT, CMAT, MAT, ATMA, and MAH-CET scores.

Key Highlights of the SIES School of Business Studies

  • Accreditation by the NAAC, the USA, and the ACBSP for international recognition
  • SIESCOMS was placed first among all B-Schools in Mumbai in the Times of India-Best B-School poll (March 2021).
  • Listed fifth among all B-Schools in West India in the Times of India-Best B-School survey (Nov 2020)
  • SIESCOMS was placed 22nd out of all Indian business schools in the Times of India-Best B-School poll (Mar 2020).
  • Outlook’s ranking of the top business schools for 2020 places SIESCOMS seventh among private affiliated universities (All India)
  • In the November 2020 Business Today-Best India’s B-School Survey, Mumbai’s Management Institutes ranked 13th overall.

SEIS School of Business Studies Courses:

CourseCourse DetailsCourse Fees
PGDMDuration: 2 years
Specialization: Finance, Marketing, Operations and System, Human Resource, Pharmaceutical Management, Biotechnology, AIMA Eligibility: Candidates must have passed the graduation degree with a minimum of 50% of the marks
Selection Criteria: Candidates are selected based on the score on CAT/ MAT/XAT/ CMAT/ ATMA/ MH-CET followed by GD-PI
INR 7 Lakhs
Certificate ProgramDuration: 11 months 
Specialization: Data Science and Business Intelligence
Eligibility: Candidates must graduate from a recognized institution Selection Criteria: Merit-Based
INR 90,000
MCADuration: 2 years
Eligibility: Candidates must pass the graduation with 50% of the marks
Selection Criteria: MAH MCA CET
INR 4.20 Lakhs
MMSDuration: 2 years
Specialization: Finance, Marketing, Human Resource Management, Operations, and Systems
Eligibility: Candidates must have passed the graduation degree with a minimum of 50% of the marks Selection Criteria: MAH CET
INR 4.41 Lakhs

Xavier Institute of Management & Research, Mumbai

The Master in Management Studies program is a postgraduate degree program in management offered by the Xavier Institute of Management and Research (XIMR) (MMS). The MMS program currently has 61 places available (61 + 1 for J&K applicants).

By going to the MHT-CET website, applicants for admission to the MMS programme can apply through CAP counseling.

Demand draughts and other offline payment methods, as well as online payment methods like credit/debit cards, net banking, and cash deposits, are both accepted for the application cost.

Candidates for the MMS program must hold a bachelor’s degree in any field with a minimum grade point average of 50%.

The MHT CET score is used to determine admission to the MMS programme, and then DTE, Maharashtra conducts CAP counseling.

As required by law, reservations are available.

XIMR High Points

Name of the InstituteXavier Institute of Management & Research, Mumbai
Institute TypeSelf-Financed
Basic Admission CriteriaMHT CET score
Application ModeOnline
CounsellingCAP Process

XIMR Mumbai MMS Admission 2022

Duration2 Years
Batch Size61
Basic Eligibility CriteriaBachelor’s Degree
Basic Selection CriteriaEntrance Exam followed by CAP counseling

MET Institute of Management, Mumbai

The Mumbai Educational Trust founded the MET Institute of Management as the MET League of Colleges in 1989. According to the Times B-School Survey 2022, the college is ranked as the 4th Best B-School in Mumbai, the 28th Best B-School in India, and the 15th Best B-School in the West. According to the Times B-School Survey 2022, MET Institute of Management is India’s 17th Best Private B-School and 18th Best B-School for Placements. The Economic Times has recognized the Institute as having the “Best Education Brand.” MET is also linked with the University of Mumbai and has an ISO certification.

One of the top MBA schools in India, MET Institute of Management offers the full-time, 2-year residential, AICTE-approved Master in Management (MMS) Program. In addition, the college provides PG courses such a Ph.D. program in management and a three-year part-time master’s degree in financial management, human resource development management, marketing management, and information management.

CAT, MAT, ATMA, CMAT, GMAT, MH CET, etc. scores and performance in the entrance exam, followed by GD and PI rounds, are used to determine admission to MMS programs. For Ph.D. admissions, a valid score on the NET, JRF, SET, GATE, CSIR, UGC, or ICAR test will be taken into account.

Excellent placement chances are offered to MET, Mumbai students both domestically and internationally. During Final Placement, INR 15.5 LPA was the highest wage earned. Leading recruiters including CRISIL, Acuris, Morgan Stanley, BNP Paribas, MSCI, Tech Mahendra, Blue Star, Publicis Media, etc. participated in the placement drive.

MET Mumbai Courses, Eligibility, Admissions, Fees:

Course NameCourse EligibilityTotal Course Fee (in INR)
MMSEligibility: Graduation
Duration: 2 years
Admission Criteria: MAH-CET/ CAT/ CMAT/ XAT/ ATMA/ MAT score+GD+PI
Intake: 181
4.10 Lacs
Pt MMS (Marketing) MFM (Finance) MHRDM (Human Resource)Eligibility: Graduation +  a minimum of 2 years of work experience at the supervisory/executive level after graduation
Duration: 2 years
Admission Criteria: MAH-CET/ CAT/ CMAT/ XAT/ ATMA/ MAT score+GD+PI
2.25 Lacs 
PhD( Management)Eligibility: Post-Graduation
Duration: 3 years
Admission Criteria: NET-JRF/ SET/ GATE or CSIR/ UGC/ ICAR score+ PI
65,000  P.A.+ university fees as applicable (2021 Batch)

Chetana’s Institute of Management and Research, Mumbai

Along with the PGDM (Marketing) and PGDM (General) programs, CIMR offers a full-time residential, AICTE-approved, two-year flagship PGDM (General) program (Retail). The MAH MBA CET/ CMAT/ ATMA/ MAT/ CAT/ XAT/ GMAT scores are used to shortlist applicants for the PGDM program at CMIR Mumbai, followed by GD and PI rounds. Entrance test results, in-person interviews, academic records, extracurricular activities, and work experience all factor into the final decision.

With more than 250 firms visiting the CMIR campus, the CIMR placement cell claims to have placed 190 students at CIMR placements in 2020. The final campus drive at CMIR Mumbai yielded an average salary of INR 5.71 LPA and the highest salary of INR 10.91 LPA.

Mumbai CIMR Quick Facts

With a global alumni network of more than 10,000, Mumbai’s second-oldest business school

approved by the AICTE and a facility with ISO 21001: 2018 certification

Member of the National Institute of Personnel Management and the Association of Indian Management Schools.

collaboration between academics and international universities

Inked memorandums of understanding with both established companies and cutting-edge start-ups, which has given me the chance to include courses in analytics, financial simulations, machine learning, digital marketing, and more.

CIMR Mumbai Courses, Eligibility

Course NameEligibility CriteriaCourse Fee
PGDMEligibility criteria: Bachelor’s degree with 50% aggregate from a recognized university
Duration: 2 years
Selection Criteria: CET- MAH-MBA/ MMS / CAT / MAT / XAT / ATMA/ CMAT score
Seat Intake: 180
Rs 7.85 lakh
PGDM ( Marketing)Eligibility criteria: Bachelor’s degree with 50% aggregate from a recognized university
Selection Criteria: CET- MAH-MBA/MMS / CAT / MAT /XAT / ATMA/ CMAT score
Seat Intake: 60
Rs 7.85 lakh
PGDM ( Retail Management)Eligibility criteria: Bachelor’s degree with 50% aggregate from a recognized university
Selection Criteria: CET- MAH-MBA/MMS / CAT / MAT / XAT / ATMA/ CMAT score
Seat Intake: 30
Rs 7.15 lakh

Mumbai Placement for CIMR

The 2020 placement campaign at CIMR Mumbai just came to a close, and the institution once again maintained a 100% placement rate. 190 students were placed in various programs. Among the top employers were HDFC Bank, Hindustan Unilever Ltd, Titan, Zee Tv, Yes Bank, etc. The following are the campaign’s high points:

There were 246 students in the batch as a whole. They placed 190 students among them.

The highest CTC was 10 LPA (INR).

The average CTC for students was INR 5.7 LPA.

The smallest CTC was INR 3.25 LPA.

Vivekanand Education Society’s Institute of Management Studies and Research, Mumbai

The 1994-founded Vivekanand Education Society Institute of Management Studies and Research is accredited by the AICTE and connected with Mumbai University. The college offers doctoral and postdoctoral studies in management with a range of specialties.

Candidates may apply for admission to the PG programs offered by VESIM if they have taken the MAH CET, CAT, XAT, MAT, CMAT, GMAT, or ATMA exams. Students have recently been placed across a variety of industries at VESIM, including FMCG, Consulting, Technology, Media, Real Estate, BFSI, and many others. The average package was INR 6.11 LPA, with the maximum income provided at INR 12.52 LPA.

Key Details of VESIM

The NBA has accredited all of VESIM’s programs.

The results of the MAH MBA CET and MMS CET, both administered by DTE, are used to determine admission to the MMS programme.

96% of the students in the 2018–2019 cohort were placed in MNCs through VESIM.

The institution holds a variety of workshops and seminars to improve students’ abilities and exposure to real-world situations.

CoursesSpecializationsEligibility Criteria
CertificationDigital Marketing, Business Analytics, Big Data Analyst, NISM, EntrepreneurshipPassed Class 12 or equivalent in relevant discipline from a recognized board
Management Development ProgramGeneral
Executive Education ProgrammeGeneral
Faculty Development ProgramGeneral
Course in Digital MarketingDigital Marketing
M.M.SFinance, Human Resource Management, Information Technology, Operations, MarketingBachelor’s degree with 45% marks along with a valid CAT/ MAT/ MAH CET score
Ex-PGDMManagementBachelor’s degree with 50% marks along with a valid CAT/ MAT/ MAH CET score
Ph.D. (Management Studies)Management StudiesHold a Master’s degree in relevant discipline from a recognized university

VESIM Positioning

The VES institute’s placement cell is committed to giving its students the finest possibilities possible. The cell’s members—placement managers, student ambassadors, faculty members, and alumni—cooperate to support students in enhancing their employability. Throughout the academic year, the institute conducts a variety of activities for the students, including training seminars, practice exams, and skill development programs.

Frequently Asked Questions:

Q1. Which MBA college has the best placement?

Ans. The best MBA colleges in India offer lucrative placement opportunities with high ROI (Return of Investment). Some of the top MBA colleges in Maharashtra with placements are listed below:

Q2. How to get admission into the top MBA colleges in Maharashtra?

Ans. Candidates seeking admission into top MBA colleges in Maharashtra must have to complete their graduation with at least 50% marks from a recognized University. Also, one way is required to qualify for any MBA entrance exams such as Indian Institute of CAT, XAT, GMAT, SNAP, MAH CET, etc., and may face Group discussion or personal interview rounds.

Q3. Which are the No 1 MBA colleges in India?

Ans. Indian Institute of Management, IIM Ahmedabad is considered as the best MBA college in India and is the No 1 MBA college in India. IIM Ahmedabad has also been ranked at 1st position among the top MBA colleges in India by various popular ranking Agencies such as NIRF, India Today, etc

Q4. Is Nagpur University good for MBA?

Ans. Yes, Nagpur University is one of the best institutes in Maharashtra offering MBA. Nagpur University offers good facilities and high-quality education, and it also offers you creative placement packages with high ROI

Q5. Which Maharashtra colleges accept MAT scores?

Ans. Some of the best MBA colleges in Maharashtra accepting MAT entrance scores are listed below:

Q6. What are the best MBA colleges in Maharashtra for Marketing?

Ans. SP Jain Institute of Management and Research – [SPJIMR] Mumbai, Symbiosis Institute of Business Management – [SIBM] Pune, K J Somaiya Institute of Management Mumbai, and Institute of Management Technology – [IMT] Nagpur are some of the best MBA colleges in Maharashtra for Marketing.

Q7. Does MBA in Maharashtra need an entrance exam?

Ans. Yes, most of the top-ranked and best MBA colleges in Maharashtra offer solely based on the scores of the entrance exams conducted at the National, State, or University level. Some of the popular entrance exams accepted by the best MBA colleges in Maharashtra are CAT, GMAT, MAT, SNAP, MAH CET, etc.

Q8. Which college is best for MBA in Maharashtra?

Ans. IIT Bombay has been ranked as the best MBA college in Maharashtra by NIRF. The list also includes SPJIMR Mumbai, SIBM Pune, and ITM Nagpur.

Q9. What are the fees for MBA in Mumbai?

Ans. Mumbai houses the highest number of top MBA colleges in India. The average fee for pursuing MBA from these colleges is INR 7 lakh

Q10. Which MBA degree pays the most?

Ans. As per the latest trends, MBA Business Analytics and MBA Marketing have proved themselves to be the most lucrative MBA specializations.

Q11. Which is the best college for MBA in Pune?

Ans. Pune houses some of the top MBA colleges in Maharashtra including SIBM Pune, Flame University, and PUMBA

Q12. What is the salary of an MBA in IT?

Ans. The average annual MBA in IT salary is INR 9.8 lakh

Q13. How can I join MBA in IIM?

Ans. IIMs give admissions on 2 bases:

  1. For National Students: Score of CAT is considered.
  2. For International Students: The score of GMAT is considered

Q14. Which IIT is best for MBA?

AnsIIT Bombay has demonstrated its caliber when it comes to management education. The institute has been ranked 1st in Maharashtra by NIRF Ranking 2019. QS has also named IIT Bombay as the best university in India.

Q15. Is Amity Mumbai good for MBA?

AnsAmity Mumbai admits students based on various criteria like CAT, XAT, NMAT, MAT, GMAT, etc. The average placement package is around INR 3-4 lakh.

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