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MBA Colleges in Pune
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MBA Colleges in Pune: Rank, Cutoff,  Fees, Placements

There are a total of more than 200 MBA colleges in pune. Out of which, 172 colleges are privately owned, 5 colleges are owned by public/government organizations, and public-private owns 2 MBA colleges. CAT, CMAT, MAT, and XAT are some of the most accepted entrance exams in top MBA Colleges in Pune. SIBM, National Institute of Bank Management, Pune Institute of Business Management, and BIMM are some of the Best colleges for MBA in Pune. 

Rankings of top MBA colleges in Pune is mentioned below as you will also find the MBA Colleges in Pune: Rank, Cutoff,  Fees, Placements details below in the article:

  • As per MBA colleges in pune NIRF ranking 2023, Symbiosis Institute of Management has retained its position, i.e.17th when as compared to 2022
  • National Institute of Bank Management has improved its ranking as it shifted to rank 76 in 2023 when compared to rank 91 in 2022.

Top MBA Colleges in Pune with NIRF Ranking 2023

The National Institutional Rating Framework (NIRF) is a governmental rating body overseen by the Ministry of Human Resource Development (HRD) under the Government of India. 

The agency publishes a variety of rating lists including ten distinct categories, namely University, Engineering, College, Management, Pharmacy, Law, Architecture, Medical, and Dental, in addition to an Overall ranking list.

Check out the table below for a list of the top MBA Colleges in Pune based on the most recent NIRF Ranking 2023, along with their NIRF score:

NIRF Ranking 2023College/ University NameNIRF Score
17Symbiosis Institute of Business Management, Pune62.74
76National Institute of Bank Management, Pune47.08
102Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development, Pune-
114National Insurance Academy, Pune-
117Pune Institute of Business Management, Pune-

Top MBA Colleges in Pune Eligibility Criteria 

The qualifying requirements for Master of Business Administration (MBA) programs may vary across different educational institutions. Nevertheless, the fundamental qualifying requirements for MBA Colleges in Pune are as follows. The individuals being considered for a certain position or role:

  • Applicants are required to have successfully completed a bachelor's degree in any field or its equivalent from an accredited institution.
  • The majority of educational institutions in Pune adhere to a minimum score requirement of 50% aggregate in a bachelor's degree or its equivalent. In the case of students belonging to reserved categories, the minimum required score is 45% in terms of aggregate marks.
  • Individuals who possess professional degrees such as Chartered Accountant (CA), Company Secretary (CS), and Cost and Works Accountant (ICWAI), among others, are also considered suitable for admission into Master of Business Administration (MBA) programs.

Entrance Exams for MBA Colleges in Pune

Here we have mentioned some of the popular entrance exams accepted by best colleges for MBA in Pune:

  • XAT: Colleges for MBA in Pune also accept XAT also known as the Xavier Aptitude Test,  which is a national-level management entrance examination conducted by XLRI Jamshedpur for admission to MBA/PGDM programmes. XAT preparation needs at least six to nine months. The XAT is one of the toughest MBA entrance exams among its peers to get into the Best Colleges for MBA in Pune.
  • CAT: Most of the Colleges for MBA in pune do accept the Common Admission Test or better known as the CAT Exam (2023), For admission to MBA courses at 20 IIMs and over 1,200 business schools in India, this is a national-level management aptitude test. 

CAT questions are divided into three sections: Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Aptitude. To prepare for the CAT exam, students should complete the syllabus phase-by-phase, practice mock tests, and revise.

Below in this article you will find the variety of Colleges for MBA in pune, so keep reading. 

Which are the Top Private MBA Colleges in Pune?

  • In brief we have listed some of the top Private MBA colleges in Pune, table has listed  the College Name
  • Total Tuition Fee/Seats
  • Entrance Exam/Eligibility of private college MBA fees in Pune, seat intake, entrance exam & eligibility.
College Name/SeatsTotal FeesEntrance Exam/Eligibility
Symbiosis Institute of Business Management Admission Seats intake is 282INR 16 lakh- INR 22 lakhEntrance Exam: SNAP UG with a minimum of 50% of aggregate
PIBM Admission Seats intake is 660INR 8 lakh - INR 30 lakhEntrance Exams: CAT, MAT, XAT, CMAT UG with a minimum of 50% of the aggregate.
BIMM Admission Seats intake is 360INR 11 lakhEntrance Exams: CAT, MAT, XAT, CMAT, MHT CETUG with a minimum of 50% of the aggregate.
NIA Admission Seats intake is 180INR 9 lakhEntrance Exams: CAT and CMAT UG with a minimum of 50% of the aggregate.
IIMED Admission Seats intake is 240INR 5 lakhEntrance Exam: BMATUG with a minimum of 50% of the aggregate.
XAT

XAT

Conducting Body - XLRI Application Fee - 2000

Which are the Top Government MBA Colleges in Pune?

The following table shows the MBA fees at public colleges in Pune, the seat intake, and the eligibility requirements:

College Name/SeatsTotal FeesEntrance Exam/Eligibility
PUMBA Admission Seats intake is 240INR 1 lakh- INR 2 lakhEntrance Exams: CAT, MAT, XAT, CMAT, MHA CET UG with a minimum of 50% of the aggregate.
UNIPUNE Admission Seats intake is –INR 1 lakhEntrance Exams: CAT, MAT, XAT, CMAT, GMAT, ATMA, MHT CETUG with a minimum of 50% of aggregate.
COEP Admission Seats intake is 70INR 3 lakhEntrance Exam: MAH CET UG with a minimum of 50% of the aggregate.
CAT

CAT

Conducting Body - IIM Application Fee - 2400

Top MBA Colleges in Pune with Fee: B-Schools from Low Fees to High Fees

Top MBA Colleges in Pune with Fee offer a range of options for students who are doing MBA in Pune. Pune is home to a diverse range of MBA Colleges, including those connected with universities that provide programs at a very moderate cost, as well as prestigious institutions with higher tuition costs. 

The MBA Fees in Pune include a spectrum of institutions offering programs with varying levels of affordability, moderate costs, and higher fees. Below is a compilation of MBA institutions in Pune, categorized based on their cost structure, ranging from low to high.

MBA CollegeType of MBA CollegeMBA College in Pune Fees (Rs. in Lakhs)
Department of Management Sciences (PUMBA), PuneSavitribai Phule University Pune MBA college2.45
MITCON Institute of Management (MITCON) Pune AICTE Approved PGDM College6.10
International School of Management and Research (ISMR) PuneAICTE Approved PGDM College6.00
MIT School of Business - MITSOB PuneAICTE Approved PGDM College6.50
Lexicon Management Institute of Leadership and Excellence (Lexicon MILE) PuneAICTE Approved PGDM College8.30
International Institute of Management Studies (IIMS) PuneAICTE Approved PGDM College9.00
National Insurance Academy (NIA) PuneAICTE Approved PGDM College9.43
Balaji Institute of Modern Management (BIMM) PuneSri Balaji University, Pune (SBUP) MBA college10.70
Balaji Institute of International Business (BIIB) PuneSri Balaji University, Pune (SBUP) MBA college10.70
International School of Business and Media (ISB&M) PuneAICTE Approved PGDM College12.20
Symbiosis Centre For Management And Human Resource Development (SCMHRD) PuneSymbiosis International University (SIU) MBA college23.75
Symbiosis Institute of Business Management (SIBM) PuneSymbiosis International University (SIU) MBA college24.59

Top MBA Colleges in Pune with Placement

Top MBA Colleges in Pune with Placement offers plenty of job and career opportunities given the diverse nature of the city's business and economic landscape.

The best MBA institutions in Pune have a 100% placement record, making this city a popular MBA destination. In final placements, these MBA institutes give high average salaries ranging from Rs.5 to 20+ LPA.

Large automotive businesses in Pune include the Bajaj Group, Tata Motors, Mahindra & Mahindra, Mercedes Benz, Force Motors (Firodia-Group), and Kinetic Motors. International automakers including General Motors, Land Rover, Jaguar, Volkswagen, and Fiat have established greenfield plants near Pune. 

The Kirloskar Group, India's largest engineering group, was among the first to introduce industry to Pune. TCS, Infosys, HCL, Cognizant, and Wipro have offices at the Hinjewadi IT Park (formerly known as the Rajiv Gandhi IT Park). 

Top MBA Colleges in Pune with Placements 2023 and with their latest average salary are given below:

MBA CollegeAverage Placement (Rs. in Lakhs Per Annum)
Symbiosis Institute of Business Management (SIBM) Pune26.77
Symbiosis Centre For Management And Human Resource Development (SCMHRD) Pune23.71
IIM Nagpur15.21
IMT Nagpur10.00
Department of Management Sciences (PUMBA), Pune  8.10
Balaji Institute of Modern Management (BIMM) Pune  8.25
International School of Business and Media (ISB&M) Pune  8.80
MIT School of Business - MITSOB Pune  4.90
International Institute of Management Studies (IIMS) Pune  7.50
Lexicon Management Institute of Leadership and Excellence (Lexicon MILE) Pune  6.50
National Insurance Academy (NIA) Pune10.30
MITCON Institute of Management (MITCON) Pune   4.50
International School of Management and Research (ISMR) Pune  5.60

MBA Colleges in Pune Cutoff & Admission Process 

The following components are included in the admission process at Pune MBA colleges:

  • Academic Eligibility for MBA Admission in Pune is a three-year bachelor's degree with at least 50% marks in any field.
  • The applicant must take one of the acceptable MBA entrance exams and apply for MBA admission at the preferred institute. For example, SIBM and SCMHRD only accept SNAP exam scores; PUMBA accepts MAH CET and CAT scores; and BIIB, BIMM, and other top Pune B-schools accept other exam scores as well.
  • Your MBA admission test score, academics, and job experience will be used to choose you.
  • After being shortlisted, participate in the GD-PI Round.
  • For MBA admission at PUMBA and other B-schools that provide admission via DTE CAP, candidates must register and apply for the CAP round, which determines seat allocation in MBA institutions in Pune.
  • When you get your final MBA admission offer, you must pay the acceptance/admission costs by the deadline.

MBA Colleges in Pune Cutoff & Accepting Top Entrance Exams

MBA Colleges in Pune Cutoff  have a range of 60 percentile to 95+ percentile in various entrance exams like CAT, XAT, SNAP, IBSAT, GMAT, CMAT, MAT, ATMA, MAH CET. 

The top MBA Colleges in Pune Cutoff in the range of 90+ CAT percentile is IIM Nagpur. SIBM Pune and SCMHRD Pune accept only SNAP exam scores with high cut offs in the 90-95 range.

MBA CollegeExam AcceptedCut off & Admission Process
Symbiosis Institute of Business Management (SIBM) PuneSNAP95-97
Symbiosis Centre For Management And Human Resource Development (SCMHRD) PuneSNAP93-95
IIM NagpurCAT92-94
Department of Management Sciences (PUMBA), PuneMAH CET85-90
Balaji Institute of Modern Management (BIMM) PuneCAT/MAT/XAT/CMAT/ MH-CET75-80
International School of Business and Media (ISB&M) PuneCAT/MAT/XAT/CMAT/ MH-CET75-80
MIT School of Business - MITSOB PuneCAT/MAT/XAT/CMAT/ MH-CET70-75
International Institute of Management Studies (IIMS) PuneCAT/MAT/XAT/CMAT/ MH-CET70-75
Lexicon Management Institute of Leadership and Excellence (Lexicon MILE) PuneCAT/MAT/XAT/CMAT/ MH-CET65-70
National Insurance Academy (NIA) PuneCAT/CMAT70-75
MITCON Institute of Management (MITCON) Pune CAT/MAT/XAT/CMAT/ MH-CET60-65
International School of Management and Research (ISMR) PuneCAT/MAT/XAT/CMAT/ MH-CET60-65
CMAT

CMAT

Conducting Body - NTA Application Fee - 2000

Top MBA Colleges in Pune Accepting CAT Score

A CAT 2022 exam score is used to shortlist and offer admission to MBA/MMS/PGDM programmes at top MBA colleges in Pune. Following the announcement of the CAT 2022 result and release of the CAT score card in January 2023 first week, some of the top MBA colleges in Pune accepting CAT for MBA/PGDM admission 2023 will begin their shortlisting process. In March/April, some of the top MBA colleges in Pune that accept both CAT scores and state level MH-CET scores will shortlist the candidates based on their CET results.

 With a low fee structure, strong alumni base, and high placements, Department of Management Sciences (PUMBA) at Savitribai Phule Pune University is one of the best MBA colleges in Pune. There is a cut off score of 85-90 percentile at this top MBA college in Pune!

 The Symbiosis Institute of Business Management (SIBM) Pune is another top MBA college in Pune that accepts only SNAP scores. Among others, BIMM, ISBM, FLAME University, NIA, and IIMS are among the top MBA colleges in Pune accepting CAT scores in 2023 admission. There is a high placement rate at all of these MBA colleges. These top MBA colleges in Pune have CAT cut-offs between 60 and 90 percentiles.

MBA Colleges in Pune accepting CAT: Expected Cut offs

Top MBA Colleges in Pune Accepting CAT ScoreExpected CAT 2022 Cut off percentileAdmission Status
PUMBA: Department of Management Sciences, Savitribai Phule Pune University85-90Yet to Open
Balaji Institute Of Modern Management (BIMM) Pune75-80Open
International School of Business & Media (ISB&M) Pune75-80Open  
FLAME University School of Business (FLAME) Pune70-75Opening Soon
National Insurance Academy (NIA) Pune70-75Open  
National Institute of Bank Management (NIBM) Pune70-75Opening Soon
Balaji Institute of International Business (BIIB) Pune70-75Open
MIT School of Telecom Management (MITSOT) Pune70-75Opening Soon
International Institute of Management Studies (IIMS) Pune70-75Opening Soon
Lexicon Management Institute of Leadership and Excellence (MILE) Pune65-70Opening Soon
Suryadatta Institutes of Management Pune65-70Opening Soon
MITCON Institute of Management Pune60-65Opening Soon
Pune Business School50-60Open  

Let us know about the MBA colleges in Pune accepting CAT score in different percentile range.

MBA Colleges in Pune Accepting CAT Score 75 percentile & above

Top MBA Colleges in Pune Accepting CAT score 75 percentile and above are the best MBA colleges in Pune accepting CAT score and offer admission in 2023. Some of these top MBA colleges accepting CAT score in 2023 and their cut off percentile are:

MBA Colleges in Pune Accepting CAT Score 75 percentile & aboveExpected CAT 2022 cut off percentileAdmission Status
PUMBA: Department of Management Sciences, Savitribai Phule Pune University85-90Yet to Open
Balaji Institute Of Modern Management (BIMM) Pune75-80Open | 
International School of Business & Media (ISB&M) Pune75-80Open | 

MBA Colleges in Pune Accepting CAT Score 60 percentile & above

Other best MBA colleges in Pune accepting CAT score of 60 percentile and above include some of top MBA colleges in Pune accepting CAT score in 2023:

MBA Colleges in Pune Accepting CAT Score 60 percentile & aboveExpected CAT 2022 Cut off percentileAdmission Status
FLAME University School of Business (FLAME) Pune70-75Opening Soon
National Insurance Academy (NIA) Pune70-75Open | 
National Institute of Bank Management (NIBM) Pune70-75Opening Soon
Balaji Institute of International Business (BIIB) Pune70-75Open | 
MIT School of Business (MITSOB) Pune70-75Opening Soon
International Institute of Management Studies (IIMS) Pune70-75Opening Soon
Lexicon Management Institute of Leadership and Excellence (MILE) Pune65-70Opening Soon
Suryadatta Institutes of Management Pune65-70Opening Soon
MITCON Institute of Management Pune60-65Opening Soon

MBA Colleges in Pune Accepting MAT Score

Many major MBA Colleges in Pune Accepting MAT Score 2023 scores and admit students to their flagship MBA/PGDM programs. But, before you look at the list of top MBA schools in Pune that accept MAT, what the admission procedure is like at these MAT universities in Pune, and how to find the finest B-School in Pune that accepts MAT test, let's first discuss What is the MAT test, when is it held, and additional information 

What is MAT Exam?

One of the six essential MBA admission examinations is the Management Aptitude Test (MAT). The All India Management Association (AIMA) administers the MAT test, which is a simpler exam that leads to MBA admission at reputable MBA programs. The test is given in three formats: CBT, IBT, and PBT. The test has 200 questions split into five parts, each with 40 MCQs. The required percentile for MBA admission to elite universities is 90 or above. Check out the list of Top Colleges below.

MBA Colleges in Pune Accepting MAT Score

Over 100 MBA colleges in Pune provide admission to their primary MBA/PGDM programs based on the scores obtained in the MAT examination. MBAUniverse.com has compiled a list of reputed MBA colleges in Pune that use MAT scores for admission, taking into account the most recent rankings, placements, fees, and other pertinent information. 

We have excluded institutions that do not provide satisfactory job placement opportunities and academic programs. 

List of MBA Colleges in Pune accepting MAT Score:

MBA Colleges in Pune Accepting MAT scoreExpected MAT Cut off percentile
Balaji Institute of International Business (BIIB) Sri Balaji University Pune80-100
ISBM Pune80-100
Balaji Institute Of Modern Management (BIMM)Sri Balaji University Pune80-100
IIMS International Institute of Management Studies Pune80-100
Pune Business School Pune60-70
Balaji Institute of Management and Human Resource Development(BIMHRD) Sri Balaji University Pune80-100
IBS Pune: ICFAI Business School60-70
PIBM Pune Institute of Business Management Pune60-70
Suryadatta Pune60-70
MITCON Institute of Management Pune60-70
MAT

MAT

Conducting Body - AIMA Application Fee - 2000

MBA Colleges in Pune Accepting CMAT Score

Top MBA colleges in Pune accept CMAT 2023 scores for admission to their flagship MBA/PGDM programs. But, before you look at the list of top MBA colleges in Pune that accept the CMAT test, what the admission process is like at these CMAT institutions in Pune, and how to find the best B-School in Pune that accepts the CMAT exam, let's first discuss What is the CMAT test, when is it held, and additional information 

What is CMAT Exam?
The Common Management Aptitude Test (CMAT) has significant importance as one of the six prominent national-level admission examinations for Master of Business Administration (MBA) programs. 

The Common Management Aptitude Test (CMAT) is administered by the National Testing Agency (NTA), an organization established by the Government of India with the purpose of conducting entrance examinations for esteemed higher education and professional programs. These programs include the Bachelor of Medicine, Bachelor of Surgery (MBBS), as well as Engineering programs at the Indian Institutes of Technology (IITs), and the Joint Integrated Programme in Management Admission Test (JIPMAT) for admission to the Indian Institutes of Management (IIMs) Integrated Program in Management (IPM), among other programs. 

The CMAT is an examination of moderate difficulty that serves as a pathway for admission into AICTE-approved PGDM institutes in Pune that accept the CMAT test. In addition, there are other MBA colleges in Pune and other cities that are independent or connected with universities, which also accept the CMAT examination. The CMAT examination is administered in an online computer-based style. The examination consists of a total of 100 questions, which are split into five parts. 

Each section has 20 multiple-choice questions. In order to get admission into prestigious MBA programs, it is often necessary to have a percentile score of 90 or above. Please find below a list of top colleges.

MBA Colleges in Pune Accepting CMAT 2023 Score

Over 100 MBA colleges in Pune provide admission to their primary MBA/PGDM programs based on the scores obtained in the CMAT examination. According to the most recent ranking, this inquiry pertains to the placement records and associated fees of colleges in Pune offering the Common Management Admission Test (CMAT)

Check list below. 

List of MBA Colleges in Pune Accepting CMAT Score:

MBA Colleges in Pune Accepting CMAT scoreExpected CMAT Cut Off
PUMBA Pune University Pune80-100
Balaji Institute of International Business (BIIB) Sri Balaji University Pune80-100
International School of Business and Media (ISB&M) Pune80-100
Balaji Institute Of Modern Management (BIMM)Sri Balaji University Pune80-100
IIMS International Institute of Management Studies Pune80-100
Pune Business School Pune60-70
Balaji Institute of Management and Human Resource Development(BIMHRD) Sri Balaji University Pune80-100
National Insurance Academy (NIA) Pune--
IBS Pune: ICFAI Business School60-70
PIBM Pune Institute of Business Management Pune60-70
Suryadatta Pune60-70
MITCON Institute of Management Pune60-70

MBA Colleges in Pune Accepting XAT Score

MBA Colleges in Pune Accepting XAT Score: The top MBA colleges in Pune use a rigorous selection process, whereby they evaluate candidates for admission to their esteemed MBA/MMS/PGDM programs mostly based on their performance in the XAT examination. Following the declaration of the XAT 2023 results and the subsequent publication of the XAT scorecard in the third week of January 2023, many top MBA colleges in Pune that consider XAT scores for admission into their MBA/PGDM programs for the year 2023 will commence their shortlisting procedures and subsequently declare their respective shortlists. Several top MBA Colleges in Pune include the XAT score in addition to the state-level MH-CET score for selecting students. These universities will evaluate the CET test results in March or April before shortlisting the candidates.

The list of  MBA colleges in Pune that consider XAT scores for admission in the year 2023 comprises BIMM, ISBM, FLAME University, NIA, IIMS, and many more. All of these MBA institutions have a commendable track record in terms of successful job placements. The XAT cut-off scores for admission to the major MBA Colleges in Pune often fall between the percentile range of 60 to 90.

Below is a compilation of MBA colleges located in Pune that accept XAT scores for admission purposes.

MBA Colleges in Pune Accepting XAT: Expected Cut offs

The list below is the compilation, you can contact Formfees for more information

Top MBA Colleges in Pune Accepting XAT ScoreExpected XAT 2023 Cut off percentileAdmission Status
Balaji Institute Of Modern Management (BIMM) Pune75-80Open | 
ISBM Pune: International School of Business and Media75-80Open | 
Pune Business School50-60Open | 
FLAME University, Pune70-75Opening Soon
National Insurance Academy (NIA) Pune70-75Opening Soon
Balaji Institute of International Business (BIIB) Pune70-75Open | 
MIT School of Business (MITSOB) Pune70-75Opening Soon
International Institute of Management Studies (IIMS) Pune70-75Open | 
Lexicon Management Institute of Leadership and Excellence (MILE) Pune65-70Opening Soon
Suryadatta Institutes of Management Pune65-70Opening Soon
MITCON Institute of Management Pune60-65Opening Soon

Frequently Asked Questions about MBA Colleges in Pune

Q. Which institute is best for MBA in Pune? 

Ans. According to the most recent NIRF rankings, Symbiosis College of Business Management (SIBM) Pune is the top MBA college in Pune. However below we have mentioned some of the best colleges in Pune- 

  1. IIM Nagpur
  2. IMT Nagpur
  3. Department of Management Sciences (PUMBA), Pune
  4. Balaji Institute of Modern Management (BIMM) Pune
  5. International School of Business and Media (ISB&M) Pune
  6. MIT School of Business - MITSOB Pune

Q. What are the Top MBA Colleges that have the best placement?

Ans. IIM Ahmedabad, IIM Calcutta, and IIM Bangalore have the best MBA placements in India. They offer an average CTC of 23 – 26 lakhs per annum.

List of some Top MBA Colleges that have the best placement:

MBA CollegeAverage Placement (Rs. in Lakhs Per Annum)
Symbiosis Institute of Business Management (SIBM) Pune26.77
Symbiosis Centre For Management And Human Resource Development (SCMHRD) Pune23.71
IIM Nagpur15.21
IMT Nagpur10.00

One Reply to “MBA Colleges in Pune: Rank, Cutoff,  Fees, Placements”

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