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Top MBA Colleges in Pune, Formfees

Top MBA Colleges in Pune

Pune, often referred to as the “Oxford of the East,” is one of the prominent education hubs in India and home to Top MBA colleges in Pune. Top MBA colleges in Pune have gained recognition for their excellent academic environment, infrastructure, and industry exposure, making it a sought-after destination for pursuing an MBA (Master of […]

 Saurav Anand
 Saurav Anand 15/07/2023
15/07/2023
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Pune, often referred to as the "Oxford of the East," is one of the prominent education hubs in India and home to Top MBA colleges in Pune. Top MBA colleges in Pune have gained recognition for their excellent academic environment, infrastructure, and industry exposure, making it a sought-after destination for pursuing an MBA (Master of Business Administration) degree.

Top MBA Colleges In Pune

Pune, India's growing educational centre, is home to Top MBA colleges in Pune that offer MBA (Master of Business Administration) programmes. For budding business professionals, these universities provide outstanding facilities, experienced professors, and a conducive learning environment. Here is a list of some of the Top MBA colleges in Pune:

1. Symbiosis Institute of Business Management (SIBM): Symbiosis Institute of Business Management (SIBM) is a well-known B-school connected with Symbiosis International University. Its MBA programmes include General Management, Innovation and Entrepreneurship, and Leadership and Strategy. SIBM is well-known for its rigorous curriculum, industry-focused approach, and large alumni network.

2. Pune University Department of Management Studies (PUMBA): PUMBA is one of Pune's oldest and most famous management colleges, associated with Savitribai Phule Pune University. It provides a two-year full-time MBA programme with a number of specialisations. PUMBA is well-known for its outstanding professors, industrial partnerships, and emphasis on practical experience by internships and industry projects.

3. Symbiosis Centre for Management and Human Resource Development (SCMHRD): Another well-known B-school linked with Symbiosis International University is SCMHRD. It provides a full-time two-year MBA programme with specialisations in Marketing, Finance, Operations, and Human Resources. SCMHRD is well-known for its tough academic programme, emphasis on holistic development, and strong corporate ties.

4. Balaji Institute of Modern Management (BIMM): BIMM is a prestigious business school that is connected with Bharati Vidyapeeth Deemed University. It provides a two-year full-time MBA programme with a number of specialisations. BIMM emphasises hands-on learning and industry exposure, and it has a track record of great placements in reputable firms.

5. Symbiosis Institute of International Business (SIIB): Under the umbrella of Symbiosis International University, SIIB is a prominent B-school. It focuses on MBA programmes with a focus on international business, agribusiness, and energy and the environment. SIIB is well-known for its broad curriculum, global exposure possibilities, and industry-focused approach.

6. Indira Institute of Management (IIMP): IIMP is a well-known B-school affiliated with Savitribai Phule Pune University. It provides a two-year full-time MBA programme with a number of specialisations. IIMP has an emphasis on hands-on learning and industry interactions, and it provides a platform for students to hone their managerial and leadership skills.

This list includes only a few of the Top MBA colleges in Pune; there are many more respected institutions in the city. Top MBA colleges in Pune can be considered by students pursuing an MBA based on their specialisation preferences, curriculum, faculty, industry ties, and placement histories. Before making a selection, it is best to conduct additional research and visit the official websites of these universities for more extensive information.

Top MBA Colleges in Pune Eligibility Criteria

Top MBA colleges in Pune Eligibility Criteria may range slightly between colleges and universities. However, the following are the standard eligibility requirements that most institutions follow:

1. Education: Applicants must hold a bachelor's degree or equivalent qualification in any discipline from a recognised university or institution. The degree must be obtained with a minimum aggregate score, which varies with each college.

2. Minimum Percentage: Many B-schools need a minimum percentage for admission. In the undergraduate degree programme, it is normally in the range of 50% to 60% aggregate grades. Some universities, however, may consider candidates with a little lower proportion depending on other variables such as entrance exam scores, work experience, and so on.

3. Entrance Exam: The majority of Top MBA colleges in Pune require candidates to take 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). The results of these exams are quite important in the selection process.

4. Work Experience: While not all MBA programmes require work experience, certain universities may favour students with prior job experience. They may have precise criteria, such as a certain amount of years of work experience, or they may give applicants with appropriate work experience preferential treatment during the selection process.

5. English fluency: Because MBA programmes need substantial communication and engagement in English, language fluency is required. Many institutes require students to present IELTS (International English Language Testing System) or TOEFL (Test of English as a Foreign Language) results if they finished their undergraduate degree at a non-English medium college.

It is crucial to note that the aforementioned eligibility criteria are general rules, and particular requirements may differ amongst universities. It is best to check the individual schools' official websites to obtain precise and complete details on their specific eligibility requirements for Top MBA colleges in Pune Admission.

Top MBA Colleges in Pune Admission Process

The admission procedure may differ significantly from one institution to the next, however below is a broad outline of the Top MBA colleges in Pune:

1. Entrance Exam: The majority of Top MBA colleges in Pune require candidates to take a national-level entrance exam, such as the CAT (Common Admission Test), XAT (Xavier Aptitude Test), CMAT (Common Management Admission Test), or MAT (Management Aptitude Test). Candidates must register for these tests and obtain a passing score.

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

3. Shortlisting: Colleges shortlist candidates for the next step of the selection process based on their admission exam scores. Shortlisted candidates are usually invited to take the Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI).

4. Written Ability Test (WAT): During the WAT round, candidates must prepare an essay or offer written responses to certain themes within a specific time constraint. This round evaluates their ability to communicate through writing as well as their analytical thinking.

5. Group Discussion (GD): Candidates are separated into groups and assigned a discussion topic. Their communication abilities, capacity to articulate arguments, and teamwork are all examined.

6. Personal Interview (PI): During the PI phase, candidates are interviewed by a panel of interviewers who assess their knowledge, communication skills, personality, and suitability for the MBA programme.

7. Final Selection: The final selection is made based on the performance in the written test, GD, and PI rounds. When making their final selection, MBA colleges in Pune take into account a variety of aspects such as entrance exam score, academic background, work experience, extracurricular activities, and diversity.

Top 20 MBA Colleges in Pune

 Check out the Top 20 MBA Colleges in Pune, as well as MBA/PGDM seats:

Top 20 MBA colleges in Pune MBA/PGDM 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), Pune180
International School of Business and Media (ISB&M) Pune300
MIT School of Business - MITSOB Pune180
Lexicon Management Institute of Leadership Excellence, Pune300
MITCON Institute of Management (MITCON) Pune240
International School of Management Research (ISMR) Pune240
Genesis Business School120
Amity Global Business School Pune60
Indira School of Business Studies, Pune420
BITM Pune240
FLAME University Pune120

Top MBA Colleges in Pune Rank Wise

The following are the Top MBA colleges in Pune Rank wise, according to the NIRF (National Institutional Ranking Framework) ranking for 2023:

1. Symbiosis Institute of Business Management, Pune:

NIRF Rank: 17

NIRF Rating: 62.74

Symbiosis Institute of Business Management (SIBM) is a well-known Pune business school. It provides a two-year full-time residential MBA programme with specialisations in finance, marketing, operations, and human resources. SIBM Pune is well-known for its academic rigour, industry collaboration, and emphasis on experiential learning.

National Institute of Bank Management, Pune: NIRF Ranking: 76 - NIRF Score: 47.08 - The National Institute of Bank Management (NIBM) is a leading institute for banking management education. It provides a two-year postgraduate diploma in banking and financial services management. The NIBM Pune programme focuses on building the skills and knowledge required for a career in the banking and financial services industry.

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

NIRF Position: 102

NIRF Score: inaccessible

The Institute of Management and Entrepreneurship Development (IMED) at Bharati Vidyapeeth is a well-known management institute in Pune. It provides a variety of management programmes, including an MBA, with specialisations in marketing, finance, human resources, and information technology. IMED Pune places a strong emphasis on industry-relevant teaching, research, and entrepreneurship development.

3. Pune National Insurance Academy:

NIRF Position: 114

NIRF Score: inaccessible

The National Insurance Academy (NIA) is a famous institution that offers insurance management programmes. It offers a two-year PGDM in Insurance and Risk Management. The NIA Pune programme emphasises on the development of managerial skills, technical expertise, and a thorough grasp of the insurance sector.

4. Pune Institute of Business Management:

NIRF Position: 117

NIRF Score: inaccessible

The Pune Institute of Business Management (PIBM) is a prestigious business school that provides management programmes. It provides a full-time two-year PGDM programme with specialisations in marketing, finance, human resources, and operations. The mission of PIBM Pune is to provide quality education, industry exposure, and skill development.

Please keep in mind that the NIRF score and ranking can fluctuate from year to year. For the most up-to-date information, consult the most recent rankings and the official websites of the different institutions.

Top Private MBA Colleges In Pune

Top MBA colleges in Punenumber of prestigious private MBA programmes noted for their superior education, industry contacts, and placement rates. These are a number of the Top private MBA colleges in Pune:

Top private MBA colleges in PuneAverage Annual fees 
Symbiosis Institute of Business Management - [SIBM], Pune INR 13,49,000
SCMHRD PuneINR 11,05,000 
National Institute of Bank Management - [NIBM], Pune INR 16,00,000 
Symbiosis Institute of International Business - [SIIB], Pune INR 8,67,000 
NIA, PuneRs. 11.5 Lakhs
Balaji Institute of Modern Management - [BIMM], Pune INR 4,80,000
International Institute of Management Studies - [IIMS], Pune INR 4,50,000
IIEBM: Indus Business AcademyRs. 8.90 Lakhs
Dr. DY Patil B SchoolRs. 10 Lakhs
IMED Pune INR 2,25,000
Pune Institute of Business Management - [PIBM], PuneINR 7,95,000 (Total Fees) 
MIT World Peace University - [MITWPU], Pune INR 4,50,000
PBS: Pune Business SchoolINR 7,75,000

Top Government MBA Colleges In Pune

Here are the Top Government MBA colleges in Pune:

1. PUMBA Pune - Management Sciences Department, Savitribai Phule Pune University: PUMBA Pune is a Top Government MBA college in Pune. It is well-known for its academic prowess as well as its strong industry contacts. The annual costs for the MBA programme at PUMBA Pune are INR 4,91,100 on average.

2. The National Institute of Construction Management and Research in Pune: The National Institute of Construction Management and Research (NICMAR) is a well-known government institute that offers construction and real estate management programmes. The overall cost of the MBA programme at NICMAR Pune is INR 8,15,000.

3. Tilak Maharashtra Vidyapeeth in Pune: Tilak Maharashtra Vidyapeeth is a state institution that offers a variety of programmes, including an MBA. Tilak Maharashtra Vidyapeeth's MBA programme has an average annual fee of INR 85,000.

4. Vaikunth Mehta National Institute of Cooperative Management in Pune: The Vaikunth Mehta National Institute of Cooperative Management is a government institute dedicated to the education of cooperative managers. The average annual price for this institute's MBA programme is INR 3,52,775.

5. Savitribai Phule Pune University, Pune: Through its associated colleges, Savitribai Phule Pune University offers an MBA programme. The annual fees for the university's MBA programme range from INR 1,80,000 to 7,95,000, depending on the college and specialisation.

6. COEP Pune – College of Engineering: – COEP Pune mostly provides engineering programmes, but it also provides an MBA programme. The average annual price for the COEP Pune MBA programme is INR 1,99,000.

7. Mahatma Phule Krishi Vidyapeeth (MPKV), Pune: Mahatma Phule Krishi Vidyapeeth is an agricultural university run by the government. The university provides an MBA programme at an annual price of INR 60,600.

8. Mulshi Institute of Business Management (MIBM), Pune: Mulshi Institute of Business Management does not provide other information, such as typical annual fees.

Please keep in mind that the fees mentioned are estimates and are subject to change. It is best to consult the respective institutions' official websites for accurate and up-to-date information on their programmes and cost structure.

Top MBA Colleges in Pune With ROI( Return Of Investment)

Among the different MBA institutions in Pune, it is critical to analyse the Return on Investment (ROI) to establish the course's profitability. Top MBA colleges in Pune with ROI is estimated by comparing the average placement package to the students' average annual fees. Here are some of the Top MBA colleges in Pune with ROI:

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

  • Annual Fees: INR 2,25,000 on average
  • Average Placement Package- INR 7.5 LPA
  • ROI Rank: 1

IMDR Pune is well-known for providing MBA students with a good return on investment. IMDR Pune ranks high in terms of ROI, with relatively lower costs compared to other universities and an appropriate average placement package.

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

  • Annual Fees: INR 13,49,000 on average
  • Average Placement package: INR 23.06 LPA
  • ROI Position: 2

SIBM Pune gives an excellent ROI despite having a higher average annual price due to its high average placement package. SIBM Pune's excellent industry relationships and reputation add to its high placement packages.

3. PIBM (Pune Institute of Business Management):

  • Annual Fees: INR 3,97,500 on average
  • Average Placement Package-The typical placement package is INR 6 LPA.
  • ROI Rank: 3

With its low annual fees and adequate placement packages, PIBM Pune provides a good ROI. To improve its students' employability, the institution focuses on industry-oriented training and skill development.

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

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

With its low annual fees and appropriate placement packages, IIMS Pune offers a good return on investment. To educate students for the business world, the institution focuses on holistic development and industry exposure.

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

  • Annual Fees on Average: INR 11,05,000
  • Average Placement Package- Placement Package on Average: INR 6.50 LPA
  • ROI Rank: 5

SCMHRD Pune provides a good ROI despite its expensive annual fees and average placement packages. The institute is well-known for its excellent industry links, which help to its students' placement possibilities.

Please keep in mind that ROI rankings are subject to change and may differ based on factors such as individual performance, market conditions, and industry trends. It is best to visit the respective universities' official websites for the most up-to-date information on fees, placements, and ROI.

Top MBA Colleges in Pune Entrance Exam

For admission, the Top MBA colleges in Pune Entrance exam take results from multiple entrance tests. These colleges often accept the following entrance exams:

1. Common Admission Test (CAT): The Common Admission Test (CAT) is a national-level entrance exam administered by the Indian Institutes of Management (IIMs). MBA institutes in Pune, including famous ones like Symbiosis Institute of Business Management (SIBM), accept it widely.

2. Xavier Aptitude Test (XAT): The XAT is administered by XLRI Jamshedpur and is approved by many management institutes across India, including some of the best MBA programmes in Pune, such as Symbiosis Centre for Management and Human Resource Development (SCMHRD).

3. Common Management Admission Test (CMAT): The National Testing Agency (NTA) administers the CMAT, a national-level entrance exam. Several MBA colleges in Pune recognise it, including Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development.

4. Management Aptitude Test (MAT): The All India Management Association (AIMA) administers the MAT, a national-level entrance exam. Many MBA colleges in Pune accept MAT results for admission, including the Pune Institute of Business Management (PIBM).

5. Maharashtra Common Entrance Test (MAH CET): The State Common Entrance Test Cell, Maharashtra, administers the MAH CET, a state-level entrance exam. It is accepted by a number of MBA programmes in Pune, including the University of Pune Department of Management Sciences (PUMBA).

6. Symbiosis International (Deemed University) administers the Symbiosis National Aptitude Test (SNAP) for admission to its associated colleges, including the Symbiosis Institute of Business Management (SIBM) in Pune.

7. ATMA (AIMS Test for Management Admissions): The Association of Indian Management Schools (AIMS) administers a national-level entrance exam called ATMA. Some MBA institutes in Pune, notably Suryadatta Institute of Management, accept it.

It should be noted that the specific entry examinations approved by MBA institutions may differ. It is recommended that you visit the official websites of the universities you are interested in for further information on the admission examinations they accept and the cut-off scores.

Top MBA Colleges in Pune Accepting MAT Score

  • The MAT (Management Aptitude Test) is a well-known entrance exam that is administered four times a year for admission to MBA programmes in India. More than 600 of the country's top MBA programmes accept MAT scores, making it one of the most popular entry tests for management students.
  • The MAT is given in the months of February, May, September, and December, giving candidates many chances to take the exam throughout the year. This flexibility enables students to select an appropriate exam day based on their preparation and convenience.
  • With over 3 lakh students applying for MAT across all four sessions, it is clear that the exam draws a sizable number of aspiring management professionals. The success of MAT can be ascribed to its widespread acceptance by reputable institutions, as well as the convenience it provides students in terms of various exam dates and a broad reach.

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

Top MBA Colleges in Pune Accepting MAT ScoreFees 
BIMM Pune- Balaji Institute of Modern ManagementINR 845,000
SIOM Pune - Sinhgad Institute of ManagementINR 1,28,000
BIMHRD Pune - Balaji Institute of Management and Human Resource DevelopmentINR 865,000
Indira Institute of Management, PuneRs. 4.5 Lakhs
MITSOM Pune - MIT School of ManagementINR 750,000
FLAME University, PuneINR 1,320,000
Global Business School anXd Research Centre, PuneINR 420,000
IIEBM: Indus Business AcademyRs. 8.90 Lakhs
S B Patil Institute of Management, PuneINR 215,000
Dr. DY Patil School of Management, PuneINR 227,338

Top Part-Time MBA Colleges In Pune

If you want to study a Part-Time MBA in Pune, there are Top Part-Time MBA Colleges in Pune. These Top Part-Time MBA Colleges in Pune. Universities appeal to working people who desire to improve their managerial abilities while remaining committed to their jobs. The following are some of the Top Part-Time MBA Colleges in Pune:

1. NMIMS School of Business Management: The NMIMS School of Business Management offers a Part-Time MBA programme geared for working people. The programme offers specialisations in numerous fields and provides a broad understanding of business management.

2. National Construction Management and Research School:  The National School of Construction Management and Research provides a Part-Time MBA programme with a construction management concentration. It gives professionals the knowledge and skills they need to succeed in the construction sector.

3. SNDT Women's University: SNDT Women's University offers a Part-Time MBA programme for women alone. The program's goal is to empower female workers by providing them with management and leadership skills.

4. KJ Somaiya Institute of Management:  The KJ Somaiya Institute of Management provides a Part-Time MBA programme that enables working professionals to improve their management abilities while advancing their professions. The programme offers course structure and specialisation options that are flexible.

5. MET Institute of Management: MET Institute of Management provides a Part-Time MBA programme for working professionals. The programme emphasises practical learning and gives professionals industrial exposure to help them develop in their jobs.

6. Thakur Institute of Management Studies & Research: Thakur Institute of Management Studies & Research provides a Part-Time MBA programme that allows professionals to improve their abilities and obtain a competitive advantage in the corporate sector. Specialisations in many managerial fields are available within the programme.

7. ASM's Institute of Management and Computer Studies: The Institute of Management and Computer Studies at ASM offers a Part-Time MBA programme that allows professionals to balance employment and study. The programme emphasises overall development while also providing industry-relevant information and skills.

8. Universal Business School: The Part-Time MBA programme at Universal Business School is designed to fulfil the demands of working people. The programme offers specialisations in numerous fields and provides a broad understanding of business management.

9. Oasis College of Science and Management: Oasis College of Science and Management offers a Part-Time MBA programme designed for working professionals. To prepare professionals for managerial jobs, the programme emphasises practical learning and industrial exposure.

10. Poona Institute of Management Sciences and Entrepreneurship: Poona Institute of Management Sciences and Entrepreneurship offers a Part-Time MBA programme designed to help professionals enhance managerial and entrepreneurial abilities. The programme emphasises hands-on learning and connections with industry professionals.

Please keep in mind that the sequence of the colleges given is only for reference and does not reflect a rating. It is recommended that you check the different universities' official websites for more extensive information about their Part-Time MBA programmes, admission criteria, and course structure.

Frequently Asked Questions about Top MBA Colleges in Pune

Q. What are the top MBA colleges in Pune?

Ans. Pune's top MBA programmes are known for academic excellence, industry-oriented curriculum, experienced professors, strong industry ties, and great placement histories. These institutions offer a welcoming learning environment, exposure to real-world business scenarios, and opportunities for total personality development.

Q. Do the Top MBA Colleges in Pune have any university affiliations?

Ans. Yes, many of the Top MBA Colleges in Pune are linked with well-known universities. Symbiosis Institute of Business Management (SIBM), for example, is affiliated with Symbiosis International University, while Savitribai Phule Pune University (previously University of Pune) is affiliated with a number of management colleges in Pune.

Q. How long do Top MBA Colleges in Pune typically last?

Ans. For full-time studies, the average duration of MBA programmes in Pune is two years. There are, however, part-time and executive MBA programmes that appeal to working people and have varied durations.

Q. Do the Top MBA Colleges in Pune provide specialisations in various fields?

A: Yes, the Top MBA Colleges in Pune provide specialisations in finance, marketing, operations, human resources, information technology, entrepreneurship, and other fields. Students can select a specialisation based on their career objectives and interests.

Q. What is the estimated cost of Top MBA Colleges in Pune?

Ans. The cost of a Top MBA colleges in Pune varies depending on the college and specialisation. The annual fees might range from a few lakhs to several lakhs. It is best to consult the official websites of the different universities for the most up-to-date fee information.

Q. How is the MBA admissions process in Pune structured?

Ans. The admissions process of Top MBA Colleges in Pune often consists of a combination of entrance exams, group discussions, written ability tests, and personal interviews. Specific criteria and weightage for each component may differ between universities. Academic performance, entrance exam scores, employment experience (if any), extracurricular activities, and performance in the selection processes are used to evaluate candidates.

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

Ans. Many MBA colleges in Pune do provide scholarships based on merit, financial need, or other criteria. These scholarships can assist students in lowering their financial load and making their education more accessible. Scholarship availability and eligibility conditions may differ amongst colleges, thus it is best to check with the respective institutions for further information.

Q. Do the Top MBA Colleges in Pune help with placement?

Ans. Yes, the Top MBA Colleges in Pune have dedicated placement cells that assist students with positions and internships. These colleges have excellent industry links and collaborations, which aid in the recruiting of reputable organisations. To improve students' employability, placement aid involves organising campus recruiting drives, industry connections, career counselling, and grooming sessions.

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