Top MBA Colleges in Pune 2022

MBA in Pune is considered to be one of the top MBA study destinations in India. As a leading university of higher learning, it has also become known as the Oxford of the East. Pune has the sixth-highest per capita income in the country and is the seventh-largest metropolitan area in our country. There is a lot for MBA aspirants in Pune with its large student population, academic institutions, and research centers.
Top MBA Colleges in Pune 2022

Top MBA Colleges in Pune 2022

We’re here to provide you with the top MBA colleges in pune. Additionally, we will show you how to select the most prestigious and best college to further your professional and academic career. Since management and business studies are among the most challenging career options It isn’t a stretch to state that motivation is a crucial requirement.

For motivation, you must to be surrounded by the top faculty, academic environment at the business schools in pune as well as excellent placements and pay packages. If you don’t feel content with the institution you’ve chosen , doing things will be a waste of time. If you are looking at Pune’s capacity to provide students from across the world with an exceptional educational experience You should never underestimate the potential that is buried in the upcoming center of academics.

Pune is often referred to as the Oxford east’, and it is very fittingly. It is a place of historical significance in addition to that, there are some prestigious universities located in Pune that contribute to the growth and variety that the city has. Students who are MBA students seeking the transition to a career in the realms of research and innovation in technology will find the most lucrative possibilities available to them. MBA fees in pune, courses fee of about 19% MBA colleges in Pune is between Rs 3 to Rs 5 lakh (Approx)

From L’Oreal from L’Oreal to Colgate from Colgate to L’Oreal Bajaj Company, the students are offered the highest-quality jobs that could be ever offered to an MBA student. Pune is the location that students can enjoy the best standard of living at an affordable cost. Additionally Pune is more secure than its city-neighbor Mumbai. Mumbai.

Best MBA Colleges in Pune with Fees Structure

A list of Best MBA Colleges in Pune with fees structure is as below:

Institute NameFees (In Rs lakhs)Admission last date
SIBM Pune: Symbiosis Institute Of Business Management18.25Closed
SCMHRD Pune: Symbiosis Centre For Management And Human Resource Development15.46Closed
ISBM Pune: International School of Business & Media10.1

MBA Colleges in Pune with Fee Structure

The list of MBA Colleges in Pune with Fee Structure 2018 and admission status is shared below:

Institute Name*Fees (In Rs lakhs)
BIMHRD Pune: Balaji Institute of Management and Human Resource Development6.4
SCDL Pune: Symbiosis Centre for Distance LearningNA
NIBM Pune: National Institute of Bank Management12
NIA Pune: National Insurance Academy11.25
IBS Pune: ICFAI Business School7.29
BIMM Pune: Balaji Institute Of Modern Management6.6
PUMBA: Department of Management Sciences University of Pune2.45
BIIB Pune: Balaji Institute of International Business6.4
IIMS Pune: International Institute of Management Studies6.99
MITSOT Pune: MIT School of Telecom Management5.9
Suryadatta Pune: Suryadatta Institutes of Management - SIMMC/SIBMTNA
Amity Global Business School PuneNA
FLAME Pune: FLAME University School of Business10.6
SIMC Pune: Symbiosis Institute of Media And Communication8.3

Top 10 Private MBA Colleges in Pune

The city Pune is known as the ‘Oxford of the East’ due to its status as an academic hub with national recognition, MBA in Pune is one of the most sought-after MBA places to study. Pune is home to the seventh largest urban economy, and has the sixth-highest per-capita amount of income within the country.With its huge student population and an abundance of research and academic institutes, Pune has a lot to offer MBA hopefuls. Pune MBA schools offer the ability to specialize in health, retail banking, financial services manufacturing, consulting, ITES and in other related areas that have brought the respect of Pune for being an educational hub with national standing. MBA schools in Pune are now accepting students in 2021 for all classes at the time of the registrations for the exam that is accepted.

Top MBA colleges in Pune provide more MBA alternatives with high-quality education at a reasonable cost and with a great return on investment. List of MBA institutions in Pune provides a ranking of the best MBA colleges in Pune. Over the years, these universities have provided a diverse choice of MBA courses with effective learning and industry interaction.

MBA college in Pune RankTop MBA College in Pune
1Symbiosis Institute of Business Management (SIBM) Pune
2Symbiosis Centre For Management And Human Resource Development (SCMHRD) Pune
3IIM Nagpur
4Department of Management Sciences (PUMBA), Pune
5Balaji Institute of Modern Management (BIMM) Pune
6International School of Business and Media (ISB&M) Pune
7MIT School of Business - MITSOB Pune
8International Institute of Management Studies (IIMS) Pune
9Lexicon Management Institute of Leadership and Excellence (Lexicon MILE) Pune
10National Insurance Academy (NIA) Pune

MBA Government Colleges in Pune Fees

MBA colleges in Pune – Fee structure and average salary (subject to revision):-

Name of CollegesFee StructureAvg. Placement Salary
Symbiosis Institute of Business ManagementRs 1,034,950 (annually)Rs 17.48 LPA
Symbiosis Center of Mgt & HRDRs 17,42,800 (total fees)Rs. 15.6 LPA
Symbiosis Institute of International BusinessRs 15,76,800 (total fees)Rs 10.25 LPA
IBS-ICFAI PuneRs 4.005 (annual fees)Rs 7.08 LPA
Symbiosis Institute of Mgt StudiesRs 9,75,850 (total fees)Rs 10.16 LPA
Dept of Mgt Studies, University Of PuneRs 66,694 (annually)Rs 5.4 LPA (approx.)
Symbiosis Center For Information TechnologyRs 5,60,000 (annually)Rs 9.16 LPA
Symbiosis Inst of Media & CommunicationRs 1,60,000 (annually)Rs 3.5 LPA
Dr. D. Y. Patil Vidyapeeth Global Business School & Research CentreRs 2,10,000 (annually)Rs 6.9 LPA
Indus Business SchoolRs 8,01,000 (total fees)Rs 6.32 LPA
Institute of Management Development & ResearchRs 4,00,000(total fees)Rs 5.46 LPA

The top business schools in India are those that offer management courses that keep up with the Global MBA environment. The colleges that offer management education should be accredited with at least one international accreditation or are on the verge of receiving it. 

These colleges are top-rated and have distinctive pedagogy and highly skilled faculty. Students attending the top MBA schools in India receive consistently better averages for their placements year on year as they become work prepared.

The top ranking MBA colleges include not only the Indian Institutes of Management (IIMs) but also some of the other university-affiliated and private MBA colleges which are doing much better than many of the newer IIMs. 

The top MBA schools and a few of IIMs offer the same fees however, some of the newest IIMs admissions, IIM Admission process and the IIMs average salaries in the process of securing a place have a tendency to be behind in the majority of these top MBA colleges. This extensive list of best colleges for you to further your education in management was compiled following extensive research into MBA colleges and universities by our team of experts.

Best MBA Colleges in Pune through CET

First of all let’s discuss what is CET exam: MH-CET is a national level online test for admissions to Maharashtra’s numerous management institutes. 

You cannot truly prepare for the application procedure of a B-school of your choosing unless you have a thorough understanding of all the participating institutes. Pune is recognized as the educational capital of the country, and the city is home to a slew of A+ rated B-Schools. The full list of B-schools in Pune that accept MH-CET scores will assist you in applying to the appropriate colleges.

After extensive research we have done a comprehensive listing of all the institutes in Pune under MH-CET. Following is a list of colleges:

Sr. No.Name of Colleges
1Department of Management Sciences (PUMBA), University of Pune
2MAEER's MIT School of Management, Pune
3Shree C. E. Society's Indira Institute of Management, Pune
4MAEER's M.I.T. College of Engineering , Kothrud, Pune
5Maharashtra Institute of Technology, Kothrud, Pune
6Brihan Maharashtra College of Commerce, Pune
7Neville Wadia Institute of Management Studies & Research Pune
8Padmashree Dr. D.Y. Patil Institute of Management Studies, Pune
9PE Society’s Institute of Management & Career Development, Pune
10Mahatma Phule Institute Of Management and Computer Studies, Pune

Which MBA colleges are the best in Pune?

MBA in Pune is considered to be one of the top MBA study destinations in India. As a leading university of higher learning, it has also become known as the Oxford of the East. Pune has the sixth-highest per capita income in the country and is the seventh-largest metropolitan area in our country. There is a lot for MBA aspirants in Pune with its large student population, academic institutions, and research centers. In Pune MBA colleges, students can specialize in retail, health, financial services, banking, consulting, manufacturing, and information technology in addition to other related fields, earning the city recognition as an academic center of national repute. As the registration process for the accepted exams begins in 2021, MBA colleges in Pune will begin accepting applications for all categories.

MBA colleges in Pune are known for providing quality education and high placement rates. Compared to other cities, Pune is a great place to pursue an MBA with good placement opportunities. Several hundred MBA colleges are available in Pune, making it an attractive city for pursuing management education.

 Pune has several renowned management institutes and universities. Pune is known for its MBA colleges like the Department of Management Sciences (PUMBA), Savitribai Phule Pune University, Symbiosis Institute of Business Management (SIBM) Pune, SCMHRD Pune, BIMM, and many more.

Top MBA Colleges in Pune

There are many top MBA colleges in Pune offering quality education at low fees, with excellent returns on investment. Listed below are the MBA colleges in Pune. With a wide range of MBA courses, these colleges have been able to offer an excellent learning and industry interface over recent years.

  1. IIM Pune
  2. Symbiosis Institute of Business Management, Pune
  3. BIMM is also known as Balaji Institute of Modern Management
  4. International School of Business & Media
  5. Lexicon MILE
  6. National Insurance Agency
  7. International Institute of Management Studies
  8. MITCON
  9. International School of Management and Research
  10. Department of Management Sciences (PUMBA), Pune

Which MBA Colleges has best placement in Pune?

ROI of Top MBA Colleges in Pune

Name of the collegeCourse Fee (in Rs)Average Placement Package (in Rs)
SIBM19.22 L18 LPA
Institute of Management and Entrepreneurship4.50 L7 LPA
Pune Institute of Business Management7.95 lakh6 LPA
BIMHRD8.45 lakh5 LPA

Which is the No 1 college in Pune?

Top Engineering Colleges in Pune by NIRF Ranking 2021

#Institute Name2020 Rank
1College of Engineering, Pune#N/A
2Defence Institute of Advanced Technology57
3Bharati Vidyapeeth Deemed University College of Engineering93
4Vishwakarma Institute of Technology

Is Pune university good for MBA?

It is a very good college in terms of faculty members and placements. Placements: Almost 95% of the students got placed from MBA PBT. The top recruiting company for MBA PBT is ZS Associates. Roles offered are related to marketing in pharmaceutical, biotech and market research companies.

Top 10 MBA Colleges in Pune

The best MBA colleges in Pune are ranked by various popular and trusted Ranking agencies such as NIRF, India Today, The Times and many others. Check out the Top 10 MBA Colleges in Pune along with their fees structure:

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

Top MBA Colleges in Pune: Ranking

Every year, tens of ranking agencies release the lists of top colleges in India for different streams including management, education, law, engineering, architecture, pharmacy, etc. These rankings are divided into various other categories like state-wise, city-wise, university type, etc. NIRF, Business Today, and The Economic Times are some of these popular agencies releasing various ranking lists like Top MBA Colleges in India, Top Engineering Colleges in Karnataka, etc.

These rankings are based on multiple parameters like Faculty Quality, Placements, Exam Patterns, Learning Outcomes, etc. Mentioned below are some of the top MBA colleges in Pune rank-wise with their fee structure. We have also mentioned the rankings of management colleges, as released in the latest NIRF Ranking 2021.

Top MBA Colleges in Pune: NIRF Ranking 2022

The National Institutional Ranking Framework or simply NIRF is a government ranking agency run by the Ministry of HRD, Government of India. The agency releases multiple ranking lists every year for 10 different categories, namely, University, Engineering, College, Management, Pharmacy, Law, Architecture, Medical, and Dental, along with an Overall ranking list.

NIRF Ranking 2021College NameNIRF Score
20Symbiosis Institute of Business Management58.64
69Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development43.99
76-100PIBM-
76-100BIMHRD-

NIRF has included 2 colleges from Pune in its list this year compared to 4 from last year.

  • Only SIBM and Bharati Vidyapeeth’s Institute of Management has been allotted definite ranks. The Pune Institute of Business Management [PIBM] and BIMHRD Pune have been mentioned in the rank band of 76-100 along with 23 other colleges.
  • SIBM has secured the 20th rank this year while the institute ranked at 22nd position last year.

Top MBA Colleges in Pune: Business Today Ranking 2021

The best MBA colleges in Pune are also ranked by Business Today. Some of the top MBA colleges in Pune which are ranked by Business Today Ranking 2021 are tabulated below:

College NameBusiness Today Ranking 2021Business Today Ranking 2019ChangeAverage Annual Fees
SIBM Pune1715-2INR 9,60,000
SCMHRD19245INR 9,40,000
SIIB Pune40433INR 7,30,000
BIMM Pune4946-3INR 4,15,000
SITM Pune53618INR 6,60,000
PIBM Pune69701INR 7,95,000
VAMNICOM Pune--73--INR 3,15,000
ISBM Pune75827INR 6,85,000
BIMHRD Pune83885INR 4,15,000

MBA Government Colleges in Pune

Tabulated below is the list of MBA Government colleges in Pune along with their fees structure.

College NameAverage fees(INR)
PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University1,32,000
National Institute of Construction Management and Research, Pune13,07,000
Tilak Maharashtra Vidyapeeth, Pune-
Vaikunth Mehta National Institute of Cooperative Management, Pune6,30,000
Savitribai Phule Pune University, Pune15,000
COEP Pune - College of Engineering4,04,000
AFMC Pune - Armed Forces Medical College-
DIAT Pune - Defence Institute of Advanced Technology-
SNDT College of Home Science, Pune-
Department of Media and Communication Studies, Savitribai Phule Pune University, Pune23,650

Top Private MBA Colleges in Pune with best ROI (Return on Investment) in 2022

ROI is the key factor to determine how profitable the MBA course of a particular college is. ROI or Return on Investment is calculated as a percentage of the return (package) you get on your investment (fees). Among all the colleges, Institute of Management Development and Research (IMDR), Pune ranks No. 1 when it comes to the return on investment.

  • Among all the Symbiosis colleges mentioned, SIDTM ranks the lowest ROI wise.
  • VAMNICOM Pune, one of the top public MBA colleges in Pune, offers the best ROI in the city with the average annual package being around more than twice the fee for 1-year.
  • Other top MBA colleges in Pune according to ROI are Balaji Institute of Modern Management [BIMM] and Pune Institute of Business Management [PIBM].

The following table lists some of the top MBA colleges in Pune with the best ROI.

College NameAverage Annual FeesAverage Placement PackageROI Rank*
IMDR PuneINR 2,50,000INR 5,40,0001
SCMHRDINR 8,13,000INR 15,60,0002
SIBM PuneINR 9,60,000INR 17,48,0003
SIIB PuneINR 7,30,000INR 12,00,0004
BIMM PuneINR 4,15,000INR 6,50,0005
BIMHRD PuneINR 4,15,000INR 6,50,0006
SIDTM PuneINR 5,90,000INR 8,77,0007
PIBM PuneINR 3,85,000INR 5,50,0008
ISBM PuneINR 5,15,000INR 7,10,0009

*ROI Percentage={(Average Placement Package)/(Average Annual Fee)}*100%

Top MBA Colleges in Pune With Cutoff

The best MBA colleges in Pune offer MBA Admissions based on scores in the MBA entrance exams, therefore Cutoff is one of the most important factors for MBA Admission.

Top MBA Colleges in Maharashtra

Tabulate below is the list of top 10 MBA colleges in Maharashtra along with fee structure.

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

Top MBA Colleges in Pune Accepting MAT Score

MAT or Management Aptitude Test is conducted 4 times a year for admission in MBA programs.

  • More than 600 top MBA colleges in India accept MAT scores.
  • The exam is held in February, May, September, and December.
  • Combining all 4 sessions, more than 3 lakh students apply for MAT every year.
College NameFees
BIMM Pune- Balaji Institute of Modern ManagementINR 845,000
SIMS Pune - Symbiosis Institute of Management StudiesINR 700,000
SIOM Pune - Sinhgad Institute of ManagementINR 1,28,000
MITSOM Pune - MIT School of ManagementINR 750,000
FLAME University, PuneINR 1,320,000
Global Business School and Research Centre, PuneINR 420,000
RIIM Pune - Ramachandran International Institute of ManagementINR 200,000
S B Patil Institute of Management, PuneINR 215,000
BIMHRD Pune - Balaji Institute of Management and Human Resource DevelopmentINR 865,000
Dr DY Patil School of Management, PuneINR 227,338

Top MBA Colleges in Pune Accepting CMAT Score

CMAT (Common Management Admission Test) is conducted by NTA in January every year for admissions in more than 1000 AICTE approved B-Schools in India. It is an online exam for a duration of 3 hours, having 100 questions divided into 4 sections. Top MBA colleges in Pune accepting CMAT score are:

College NameFees
PUMBA Pune - Department of Management Sciences Savitribai Phule Pune UniversityINR 129,388
BIMM Pune - Balaji Institute of Modern ManagementINR 845,000
SIOM Pune - Sinhgad Institute of ManagementINR 1,28,000
MITSOM Pune - MIT School of ManagementINR 750,000
Indira Institute of Management, PuneINR 440,000
FLAME University, PuneINR 1,320,000
Global Business School and Research Centre, PuneINR 460,000
RIIM Pune - Ramachandran International Institute of ManagementINR 200,000
MIT College of Management, PuneINR 285,000
Modern Institute of Business Management, PuneINR 166,000

Top MBA Colleges in Pune: Admission Process 2022

There are a total of 204 MBA colleges in Pune imparting excellent management education to students. 12 of these colleges are public while 192 are top private MBA colleges in Pune.

Top MBA Colleges in Pune Through CET

Most of the best MBA colleges in Pune offer MBA Admission through MAH CET scores. More than 99 top MBA colleges in Pune accept MAH CET scores. Check out some of the Top MBA Colleges in Pune Through CET.

College NameFees
Dr DY Patil Institute of Management, PuneINR 140,000
PUMBA Pune - Department of Management Sciences Savitribai Phule Pune UniversityINR 129,388
BIMM Pune - Balaji Institute of Modern ManagementINR 845,000
SIOM Pune - Sinhgad Institute of ManagementINR 1,28,000
MITSOM Pune - MIT School of ManagementINR 750,000
Indira Institute of Management, PuneINR 440,000
FLAME University, PuneINR 1,320,000

Top MBA Colleges in Pune With Placement

As per placement reports of 2021, the average CTC in MBA colleges in Pune is INR 20.14 LPA (highest CTC) and INR 4.50 LPA at the lower end.

Top 10 Part Time MBA Colleges in Pune

In Pune, if you want to take admission in a Part Time MBA course then, you need to first find out the colleges that are offering the course of MBA part-time in their curriculum.

To make it easier for you, we are listing down the colleges that are located in Pune and are offering the Part Time MBA in different specializations. Now, have a look on the listed part-time MBA colleges in Pune given here:

  • NMIMS School of Business Management
  • National School of Construction management and research
  • SNDT Women’s University
  • KJ Somaiya Institute of Management
  • MET Institute of Management
  • Thakur Institute of Management Studies & Research
  • ASM’s Institute of Management & Computer Studies
  • Universal Business School
  • Oasis College of Science and Management,
  • Poona Institute of Management Sciences and Entrepreneurship,
  • Symbiosis Institute of Business Management
  • Department of Management Sciences, University of Pune
  • Kirloskar Institute of Advanced Management studies

Frequently Asked Questions

Q1. Which college in Pune has best campus?

  • Savitribai Phule Pune University.
  • Film & Television Institute of India.
  • College Of Agriculture Pune.
  • Fergusson College.
  • Sinhgad College of Engineering.
  • Symbiosis International University, Lavale.
  • College Of Engineering Pune.

Q2. Which MBA college gives highest salary?

Ans. Stanford Graduate School of Business leads worldwide as the top school for graduate salaries, with a whooping US$152,503 for new MBA graduates, followed by renowned institutions such as The Wharton School, Columbia Business School, Harvard Business School and The University of Chicago Booth School of Business.

Q3. In which field MBA is best?

Ans. Here is a list of the best MBA specializations in demand in 2021 and post COVID that you can choose from.

  1. MBA in Digital Marketing.
  2. MBA in Business Analytics.
  3. MBA in Data Analytics.
  4. MBA in Entrepreneurship.
  5. MBA in Finance.
  6. MBA in Strategy.
  7. MBA in International Business.
  8. MBA in Human Resource Management.

NOTE: Shortlisting for the MBA program in Pune is done through CAT, XAT, SNAP, IBSAT, GMAT, CMAT, MAT, ATMA, MAH CET, with scores ranging from 60 percentile to 95+ percentile. Nagpur has the highest cut-off degree for MBA with a CAT percentile of 90+ in Pune. The SNAP exam is only accepted by IBM Pune and SCMHRD Pune, which have high cut-offs of 90-95 points.

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