Best Colleges accepting NMAT Score in Maharashtra
There are a total of 28 best MBA colleges accepting NMAT score in Maharashtra. Among these, 25 colleges are privately owned and 1 college is owned by public/government organisations. NMAT is the only accepting entrance exam in top MBA colleges in Maharashtra. NMIMS School of Business Management, NMIMS Mumbai, K J Somaiya Institute of Management, FLAME University, MIT-WPU, ITM Business School, etc. are some of the popular MBA colleges in Maharashtra under NMAT Score.
The revised rankings of top NMAT accepting MBA colleges in Maharashtra is mentioned below:
- NMIMS School of Business Management has improved its ranking as it shifted to rank 21 in 2023 as compared to rank 25 in 2022.
- K J Somaiya Institute of Management has improved its ranking as it shifted to rank 45 in 2023 as compared to rank 71 in 2022.
There are a total of 28 best MBA colleges accepting NMAT score in Maharashtra. Among these, 25 colleges are privately owned and 1 college is owned by public/government organisations. NMAT is the only accepting entrance exam in top MBA colleges in Maharashtra. NMIMS School of Business Management, NMIMS Mumbai, K J Somaiya Institute of Management, FLAME University, MIT-WPU, ITM Business School, etc. are some of the popular MBA colleges in Maharashtra under NMAT Score.
The revised rankings of top NMAT accepting MBA colleges in Maharashtra is mentioned below:
- NMIMS School of Business Management has improved its ranking as it shifted to rank 21 in 2023 as compared to rank 25 in 2022.
- K J Somaiya Institute of Management has improved its ranking as it shifted to rank 45 in 2023 as compared to rank 71 in 2022.
- Top MBA Colleges Accepting NMAT Score in Maharashtra: Highlights 2023
- Top MBA Colleges Accepting NMAT Score in Maharashtra: Eligibility Criteria
- Top MBA Colleges Accepting NMAT Score in Maharashtra with NIRF Ranking 2023
- Top Private MBA Colleges Accepting NMAT Score in Maharashtra
- Top Govt. MBA Colleges Accepting NMAT Score in Maharashtra
- Location-wise Top MBA Colleges Accepting NMAT Score in Maharashtra
- ROI of Top MBA Colleges Accepting NMAT Score in Maharashtra
- Top MBA Colleges Accepting NMAT Score in Maharashtra: Comparison
Top MBA Colleges Accepting NMAT Score in Maharashtra: Highlights 2023
Master of Business Administration (MBA) is a postgraduate degree programme that provides advanced business and management training. The course will equip students with the knowledge and skills to succeed in leadership roles. MBA programs emphasize the development of an individual's analytical, critical thinking, and decision-making skills. MBA also helps students to communicate effectively and work effectively in teams.
The key highlights related to best MBA colleges in Maharashtra under NMAT score are mentioned below:
| Parameters |
Particulars/Statistics |
|---|---|
| No. of MBA Colleges |
28 |
| Annual Fees |
INR 2-3 lakh: 1 college INR 3-5 lakh: 5 colleges INR > 5 lakh: 22 Colleges |
| Top Specialisations |
Finance, Human Resources, Sales and Marketing, International Business, etc |
| Accepted Entrance Exam |
Predict your chances here: MBA 2023 Cutoff Predictor
Top MBA Colleges Accepting NMAT Score in Maharashtra: Eligibility Criteria
The general eligibility criteria to get MBA admission in Maharashtra that accept NMAT scores are listed below:
- Candidates should have a bachelor's degree or an equivalent qualification in any discipline from a recognised university or institution with a minimum of 50% aggregate.
- MBA colleges in Maharashtra consider scores from national-level entrance exam such as NMAT. Candidates are required to meet the minimum cutoff scores set by the respective colleges.
Also Read:
- Why NMAT by GMAC?
- Preparation tips for NMAT exam
- How to prepare for NMAT online
- Best books for NMAT preparation
Predict your NMAT score and admission chances with Shiksha college predictor: NMAT 2023 College Predictor
Top MBA Colleges Accepting NMAT Score in Maharashtra with NIRF Ranking 2023
Colleges are ranked each year by the National Institutional Ranking Framework (NIRF). The rating is determined by a number of factors, and it varies from year to year based on how well a college or university performs in areas like faculty, placements, and infrastructure.
The below table shows the NMAT colleges in Maharashtra that are ranked under NIRF from past three years, i.e. from 2021 to 2023:
| College Name |
NIRF 2021 |
NIRF 2022 |
NIRF 2023 |
|---|---|---|---|
| 22 |
25 |
21 |
|
| 56 |
71 |
45 |
Top Private MBA Colleges Accepting NMAT Score in Maharashtra
Refer to the table below for a detailed overview of the private best MBA colleges in Maharashtra through NMAT score along with their total tuition fee:
| Private Colleges |
Total Tuition Fee |
|---|---|
| INR 13 lakh – INR 24 lakh |
|
| INR 17 lakh – INR 18 lakh |
|
| INR 16.6 lakh |
|
| INR 12 lakh – INR 13 lakh |
|
| INR 9 lakh |
Top Govt. MBA Colleges Accepting NMAT Score in Maharashtra
Refer to the table below for a detailed overview of the government best MBA colleges in Maharashtra through NMAT score along with their total tuition fee:
| Public/Government Colleges |
Total Tuition Fee |
|---|---|
| INR 2 lakh – INR 7 lakh |
Location-wise Top MBA Colleges Accepting NMAT Score in Maharashtra
The table below shows the location-wise distribution of top NMAT accepting colleges in Maharashtra along with their number and names of colleges:
| Locations |
Number/Names of Colleges |
|---|---|
| Pune |
7 (FLAME University, Suryadatta Institute of Management and Mass Communication, MIT WPU, etc.) |
| Mumbai |
15 (NMIMS School of Business Management, NMIMS Mumbai, K J Somaiya Institute of Management, etc.) |
| Navi Mumbai |
5 (ITM Business School, Pillai Business School, ITM Financial Markets Institute, etc.) |
| Aurangabad |
1 (Maharashtra Institute of Technology) |
READ MORE:
ROI of Top MBA Colleges Accepting NMAT Score in Maharashtra
Return on Investment (ROI) shows how much profit or benefit you get if you pursue a course Return on Investment (ROI) shows how much profit or benefit you get if you pursue a course from a particular college. It assesses the return of the fee invested by the candidate while studying and the return he/she gets in the form of placements.
The table below shows the NMAT colleges for MBA in Maharashtra along with total tuition fee and annual average package:
| College Name |
Total Tuition Fee |
Annual Average Package |
|---|---|---|
| INR 13 lakh – INR 24 lakh |
INR 19 LPA |
|
| INR 16.6 lakh |
INR 10.25 LPA |
|
| Suryadatta Institute of Management and Mass Communication MBA |
INR 6.9 lakh |
INR 6.5 LPA |
| INR 9 lakh |
INR 5 LPA |
|
| INR 11 lakh |
INR 7 LPA – INR 9 LPA |
Top MBA Colleges Accepting NMAT Score in Maharashtra: Comparison
The table below shows the comparison of top NMAT accepting MBA colleges in Maharashtra:
| Suryadatta Institute of Management and Mass Communication Comparison |
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Best Colleges accepting NMAT Score in Maharashtra
Commonly asked questions On Best Colleges accepting NMAT Score in Maharashtra
The NMAT exam is generally considered to be of moderate difficulty level. NMAT is a speed-based test which requires candidates to solve 108 questions within 120 minutes. Almost all test takers find NMAT easier than CAT.
Graduate Management Admission Council conducts the NMAT exam within a particular exam timeline. Every year, NMAT exam is usually scheduled to be conducted in the last quarter of a calendar year. Candidates are able to take the exam until December. Candidates can appear for the NMAT exam three times during the testing window. Soon after taking the first exam attempt, candidates can fill the retake registration form to apply for the NMAT retake. However, one can schedule a retake of the NMAT exam 15 days after the first take.
NMAT 2026 exam dates will be revealed later.
NOTE: NMAT exam dates can vary every year. However, the timeline remains the same.
The NMAT exam is an MBA entrance exam conducted for admission to top business schools in India and abroad. GMAC (Graduate Management Admission Council) conducts the NMAT exam every year within a testing window. B-schools including different campuses of NMIMS, TAPMI, SDA Bocconi, ISB, among others accept NMAT scores for MBA admissions.
Here are some of the key features of the NMAT by GMAC exam.
- NMAT is held once a year with three attempts for each candidate.
- Candidates can choose the NMAT exam date using a scheduling window.
- Candidates have to fill the retake registration form to apply for another attempt for NMAT during the testing window.
- The application fee for this exam is Rs. 2,300.
- NMAT exam is administered as computer-based test (CBT).
- Candidates have to answer as many as 108 questions within 120 minutes.
- Each section will have a sectional time-limit.
- NMAT is an English medium exam.
Candidates aspiring for MBA admnission based on NMAT scores can find the detailed process for NMAT registration here.
Candidates must focus on practising as many questions as possible. Quant section has questions from different topics, like Percentage, Profit and Loss, Discount, Compound Interest, Ration and Proportions, etc.
MBA/PGDM Applications open. Apply Now
Commonly asked questions On Best Colleges accepting NMAT Score in Maharashtra
Yes, the NMAT is easier than the CAT exam. This is due to the following reasons:
- There is no negative marking in the NMAT unlike one-third negative marking for wrong answers in the CAT.
- You can do guess marking in a last-minute rush and get three marks even if only one choice is right.
- NMAT allows you to schedule the order of sections during the test. This makes it easier to attempt the sections for which you are well prepared.
- According to the updated pattern, the CAT has only 66 questions, compared to the NMAT's 108 questions, but the level of difficulty is higher.
- The CAT is a concept-based exam where you need to understand each question, and therefore, you need accuracy as well as speed in this exam.
- The competition in the NMAT is less than that in the CAT. As most MBA aspirants aim for IIM.
NMAT registration typically commence in the first week of August every year. Candidates must complete the NMAT registration before the deadline to appear for the exam. Candidates who wish to retake the exam later within the current testing widnow are also required to apply before the last date.
For real-time updates on exam dates of NMAT exam, follow NMAT exam date and schedule.
Joining the top NMAT accepting MBA colleges in India can be worthwhile for you. For that, you need to check its ROI. Below table shows the top colleges with their cost and average salary:
| Top Colleges | Tuition Fee | Average Salary |
|---|---|---|
| Amity University Noida | INR 7.14 Lacs - INR 15.8 lakh | INR 6 LPA - INR 6.5 LPA |
| K J Somaiya Institute of Management | INR 13.48 Lacs - INR 21.34 lakh | INR 12 LPA |
| TAPMI Manipal | INR 19.5 lakh | INR 13.5 LPA |
Source: External site and may vary.
The general eligibility criteria for admission to the best NMAT accepting colleges in India are mentioned below:
- Must have pass UG degree in Management with an aggregate of 50% scores
- Must have clear NMAt entrance exam.
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Top MBA Colleges Accepting NMAT Score in Maharashtra FAQs
Q: Which top MBA colleges accept NMAT score in Maharashtra?
A: Listed below are the top NMAT accepting colleges in Maharashtra along with their NIRF ranking of 2021, 2022, and 2023:
| College Name |
NIRF 2021 |
NIRF 2022 |
NIRF 2023 |
|---|---|---|---|
| NMIMS School of Business Management |
22 |
25 |
21 |
| K J Somaiya Institute of Management |
56 |
71 |
45 |
Q: What is the fee for top MBA colleges under NMAT score in Maharashtra?
A: Listed below are the top top NMAT accepting colleges in Maharashtra along with their total tuition fee:
| College Name |
Total Tuition Fee |
|---|---|
| NMIMS School of Business Management |
INR 13 lakh – INR 24 lakh |
| K J Somaiya Institute of Management |
INR 16.6 lakh |
| Suryadatta Institute of Management and Mass Communication |
INR 6.9 lakh |
| MIT-WPU |
INR 9 lakh |
| ITM Business School |
INR 11 lakh |
Q: What is the placement package offered to top MBA colleges in Maharashtra that accept NMAT score?
A: The table below shows the top NMAT accepting colleges in Maharashtra along with their placement package offered to their graduates:
| College Name |
Annual Average Package |
|---|---|
| NMIMS School of Business Management |
INR 19 LPA |
| K J Somaiya Institute of Management |
INR 10.25 LPA |
| Suryadatta Institute of Management and Mass Communication |
INR 6.5 LPA |
| MIT-WPU |
INR 5 LPA |
| ITM Business School |
INR 7 LPA – INR 9 LPA |
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