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Top MBA colleges in Maharashtra, MBA colleges in Maharashtra, MBA colleges
Top MBA colleges in Maharashtra

Top MBA Colleges in Maharashtra

Top MBA Colleges in Maharashtra Maharastra is one of the top destinations for an MBA course. Hence many students look for the Top MBA colleges in Maharashtra. The Top MBA colleges in Maharashtra 2023 shall remain a hot topic as the data shows that students have a preference to do an MBA from Maharastra for […]

 Saurav Anand
 Saurav Anand 19/06/2023
19/06/2023
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Top MBA Colleges in Maharashtra

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

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

Sr. NoName of the  College
1.  Narsee Monjee Institute of Management Studies, Mumbai
2.  Jamnalal Bajaj Institute of Management Studies, Mumbai
3.  Symbiosis Centre for Information Technology, Pune
4.  Symbiosis Institute of International Business, Pune
5.  Balaji Institute of Modern Management, Pune
6.  Symbiosis Institute of Management Studies, Pune
7.  Symbiosis Institute of Operations Management, Nashik
8.  Symbiosis Institute of Business Management, Pune
9.  Tata Institute of Social Sciences, Mumbai
10.   MAEER’s MIT School of Business, Pune
11.   Balaji Institute of Telecom and Management, Tathawade
12.   IBS Business School, Mumbai
13.   ITM Business School, Navi Mumbai
14.   Department of Management Sciences, University of Pune, Pune
15.   Sydenham Institute of Management Studies, Research and Entrepreneurship Education, Mumbai
16.   Vidyalankar Institute of Technology, Mumbai
17.   Vishwakarma Institute of Management, Pune
18.   Balaji Institute of International Business, Tathawade
19.   Balaji Institute of Management and Human Resource Development, Tathawade
20.   Bharati Vidyapeeth’s Institute of Management Studies and Research, Navi Mumbai
21.   Kirloskar Institute of Advanced Management Studies, Pune
22.   Symbiosis Institute of Telecom Management, Pune
23.   Symbiosis School of Banking and Finance, Pune
24.   FLAME University, Pune
25.   School of Management, Dr. DY Patil University, Navi Mumbai
26.   Shri Sant Gajanan Maharaj College of Engineering, Shegaon
27.   Symbiosis Institute of Computer Studies and Research, Pune
28.   Universal Business School, Raigad
29.   VES Institute of Management Studies and Research, Mumbai
30.   IBS Business School, Pune
31.   IES Management College and Research Centre, Mumbai
32.   Indira School of Business Studies, Pune
33.   Indus Business School, Pune
34.   KJ Somaiya Institute of Management Studies and Research, Mumbai
35.   Symbiosis Centre for Management and Human Resource Development, Pune
36.   Prin. LN Welingkar Institute of Management Development and Research, Mumbai
37.   SP Jain Institute of Management and Research, Mumbai
38.   National Institute of Industrial Engineering, Mumbai
39.   SIES College of Management Studies, Navi Mumbai
40.   Bharati Vidyapeeth Abhijit Kadam Institute of Management and Social Sciences, Solapur
41.   Dr. VN Bedekar Institute of Management Studies, Thane
42.   Durgadevi Saraf Institute of Management Studies, Mumbai
43.   GNVS Institute of Management, Mumbai
44.   Kohinoor Business School, Mumbai
45.   International Institute of Management Studies, Pune
46.   International School of Business and Media, Pune
47.   MIT School of Telecom Management, Pune
48.   SaiBalaji International Institute of Management Sciences, Pune
49.   Sandip Institute of Technology and Research Center, Nashik

Top MBA colleges in Maharashtra: Quick Questions

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

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

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

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

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

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

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

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

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

Name of the CollegeAverage Fees
National Institute of Industrial Engineering, MumbaiINR 12.53 lakh- INR 13.43 lakh
IIM NagpurINR 17.7 lakh
Sasmira's Institute of Management and ResearchINR 3.98 lakh
PUMBAINR 1.29 lakh- INR 1.52 lakh

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

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

Name of the CollegeCut off
Shri Ramdeobaba College of Engineering and Management, Nagpur94.67
SCES Indira School Of Business Studies, Tathwade95.98
St. Francis Institute of Management & Research, Mumbai95.91
Indira Global Business School, Parandwadi Pune95.45

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

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

S. No.MBA Colleges In MumbaiFee Structure (approx..)
1.National Institute of Industrial Engineering - NITIE MumbaiRs. 12.6 Lakhs
2. Jamnalal Bajaj Institute of Management Studies - JBIMSRs. 6 Lakhs
3. Shailesh J. Mehta School of Management - SJMSoM-IIT BombayRs. 14 Lakhs
4.SP Jain Institute of Management & Research - SPJIMRRs. 20.05 Lakhs
5.SIMSREE, MumbaiRs. 3 Lakhs
6.Narsee Monjee Institute of Management Studies - NMIMSRs. 23 Lakhs
7.K.J Somaiya Institute of ManagementRs. 3.2 Lakhs
8.Xavier Institute of Management and Research - XIMR MumbaiRs. 5.5 Lakhs
9.N.L. Dalmia Institute of Management studies and ResearchRs. 12.5 Lakhs
10.Welingkar MumbaiRs. 14 Lakhs
11.SIES, MumbaiRs. 11.90 Lakhs
12.ITM, Navi MumbaiRs. 11.95 Lakhs

Top MBA Colleges in Maharashtra Course Details

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

Course NameTop MBA colleges in Maharashtra  
Admission ProcessEntrance test+GD+PI
EligibilityGraduation in any discipline
Fee INR 10,00,000
Top Recruiting CompaniesGoogle, Amazon, Microsoft, Facebook, Accenture, IBM etc.
Entrance ExamsMH CET, CAT, XAT, NMAT, CMAT, SNAP, MAT, etc.
Average Salary after the courseINR 12-15 Lakhs

Top MBA Colleges in Maharashtra Admission Process

There are two modes to get admission in Top MBA colleges in Maharashtra

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

The process of admission in Top MBA colleges in Maharashtra  can be broken down in the following steps:

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

Top MBA colleges in Maharashtra Eligibility

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

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

Top MBA Colleges in Maharashtra Entrance Exams

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

Exam NameRegistration Dates for the ExamExamination Dates
MH CET9 March – 6 April 202316 April 2023
CAT 2023September 2023 third weekNov 26, 2023
XAT 2024November 30, 2023Jan 7, 2024
IIFT 2024November 2023 third weekDecember 2023 third week
IBSAT 2023November 2023 last weekDecember 2023 last week
TISSNET 2024Nov 2023 to Jan 2024February 2024, 2nd week
SNAP 2023November 2023 third weekDecember 2023, 2nd/3rd week
NMAT by GMAC 2023November 2023 last weekOct to Dec 2023
CMATDecember 26, 2022 – February 25, 20234 May 2023

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

Top MBA Colleges in Maharashtra with Fee Structure

Candidates for admission to MBA colleges in Maharashtra should research the costs of each institution before choosing the program that is best for them. Candidates should conduct a thorough investigation into the costs and services offered by MBA programs in Maharashtra. Below is a list of the top MBA colleges in Maharashtra, along with information on tuition costs.

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

Top MBA Colleges in Maharashtra with Low Fees

It is crucial to keep higher education accessible and affordable for students from a variety of backgrounds in order to maintain its inclusive nature. The Top 10 MBA Colleges in Maharashtra with Low Fees are listed below for students to understand and make informed decisions. The following are the top MBA colleges in Maharashtra with low fees:

S.No.MBA Colleges in MumbaiFee structure (approx.)
1.Jamnalal Bajaj Institute of Management Studies - JBIMSRs. 5.89 Lakhs
2.Tata Institute of Social Sciences - TISSRs. 1.9 Lakhs
3.Sydenham Institute of Management Studies, Research and Entrepreneurship Education - SIMSREERs. 2.30 Lakhs
4.K.J Somaiya Institute of ManagementRs. 3.2 Lakhs
5.N.L. Dalmia Institute of Management studies and ResearchRs. 12.5 Lakhs
6.MET MumbaiRs. 9.88 Lakhs
7.Xavier Institute of Management and Research - XIMR MumbaiRs. 5.5 Lakhs
8.Chetana’s Institute of Management and ResearchRs. 9.10 Lakhs
9.Aditya School of Busines ManagementRs. 7. 76 Lakhs
10.Chetana’s Institute of Management and ResearchRs. 7.70 lakhs
11.Durgadevi Saraf Global Business School - DSGSRs. 7.25 Lakhs
12.Guru Nanak Institute of Management StudiesRs. 6.98 Lakhs

Top MBA Colleges in Maharashtra Government

The Top 10 Government MBA Colleges in Maharashtra are frequently searched for by students. Unfortunately, there are not many government MBA colleges in Maharashtra that qualify for the list. We anticipate the emergence of numerous new government institutes in the near future. The top MBA colleges in Maharashtra are listed below, along with their total course costs:

Name of the CollegeTotal Fee
Indian Institute of Technology, BombayINR 8 lakh
Indian Institute of Management, NagpurINR 17.70 lakh
NITIE, MumbaiINR 6.62 lakh

Top MBA Colleges in Maharashtra Private

In Maharashtra, there are numerous prestigious private MBA schools. Some of these top private MBA colleges in Maharashtra are listed among the top 10 MBA colleges in Maharashtra and are also among the top MBA colleges in the state. Look below to learn more about the Top MBA Colleges in Maharashtra, Private:

Name of the CollegeTotal Fees
SIBM PuneINR 9,60,000
NITIE MumbaiINR 3,60,000
IMED PuneINR 2,42,000
KJ SIMSR MumbaiINR 3,30,000
NMIMS MumbaiINR 9,25,000
SPJIMR MumbaiINR 17,50,000
IMT NagpurINR 8,20,000
BITSoMINR 24,50,000
Vijay Patil School of ManagementINR 14,00,000

Top MBA Colleges in Maharashtra Placement Wise

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

Sr. No.Name of the Institute
1IIT Bombay
2University of Mumbai
3NMIMS Global Access School for Continuing Education
4SIMSREE Mumbai
5PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University

Top MBA Colleges in Maharashtra Jobs

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

Job ProfileJob DescriptionAverage Salary
Program ManagerA program Manager provides strategic guidance to teams and project managers in ways that promote the company's culture. They also oversee the progress of operations and develop efficient strategies and tactics.19 Lakhs
Project Manager -IT SoftwareHis/Her responsibility is to look after the delivery of the output of the program. Individuals who can look after the progress of operations and formulate efficient strategies and tactics are fit for this job.18 Lakhs
Information System ManagersTheir job is to overlook the infrastructure of technical operations, eliminate security risks, and maintain operations and systems.20 Lakhs
Information Technology DirectorsHe/She is responsible for the management, and execution of IT infrastructure for an organization.34 Lakhs
CTO (Chief Technology Officers)These officers are responsible for enhancing their company development in the technological arena. Firms that deal with artificial intelligence, internet of things, cyber security are always in need of these positions.25 Lakhs

Top MBA colleges in Maharashtra Top Recruiters

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

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

Government Sector EnterprisesIndian Firms Foreign Firms
Indian RailwaysWiproApple
BSNLInfosysAmazon
Indian Air ForceIBMBrain & Company
ISROAccentureBCG
DoordarshanTata Consultancy ServicesCitigroup
 Larsen & ToubroDeloitte

Top MBA Colleges in Maharashtra Salary

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

Job TitleAverage Salary
Information Technology Manager₹1,242,095
Project Manager, Information Technology₹1,459,771
Senior Project Manager, Information Technology₹2,340,443
Project Manager₹1,455,051
Senior Business Analyst₹987,801
Business Analyst, Information Technology₹594,489
Senior Software Engineer₹911,355

Frequently Asked Questions about Top MBA Colleges in Maharashtra

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

Q. What are the Top MBA colleges in Maharashtra?

Ans. Some of the Top MBA colleges in Maharashtra are:

Q.  Which are government colleges among the Top MBA colleges in Maharashtra?

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

Q. What is meant by Top MBA colleges in Maharashtra?

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

Q. Is a Top MBA college in Maharashtra worth it?

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

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

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

Q. Does IIT Bombay come under Top MBA colleges in Maharashtra?

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

Q. Which Top MBA colleges in Maharashtra have best placement?

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

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

Q. Is the list of Top MBA colleges in Maharashtra 2023 published yet?

Ans. No, the list of the Top MBA colleges in Maharashtra 2023 has not been published yet. The NIRF has notified the list shall be made available by 23 july, 2023.

Q. Which college is best for MBA in Maharashtra?

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

Q. Is Amity Mumbai good for MBA?

Ans. Yes, Amity Mumbai good for MBA courses. The college admits students based on various criteria such as CAT, XAT, NMAT, MAT, GMAT, and so on. The average placement package ranges between INR 3-4 lakh.

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