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 |
Best Colleges accepting NMAT Score in Maharashtra
Commonly asked questions On Best Colleges accepting NMAT Score in Maharashtra
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.
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.
Based on feedback from test takers, NMAT exam is moderate to tough in terms of difficulty standards. Compared top other exams like XAT, and CAT, NMAT is on an easier side. NMAT difficulty is considered similar to SNAP exam.
A total of 108 questions appear in NMAT exam. Each section of NMAT exam has 36 questions. All three sections have equal weightage in NMAT exam.
Getting admission into SP Jain PGDM programme requires candidates to follow some steps.
- The first step is to register for the PGDM programme by paying an application fee of INR 2,000.
- Second step is evaluation of entrance exam score. Candidates need to qualify CAT/ GMAT for admission to PGDM. Selected candidates are further called for a personal interview round. Candidates can check out CAT preparation tips to score well in exam.
- The final selection is based on academic performance, work experience, entrance exam score of the candidates.
Aspirants completing all the steps can get into PGDM programme of SPJIMR. The institute follows a simple process of offering admission. However, aspirants must score decent to get admission.
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.
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.
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.
As per the details available on the official website and the latest admission brochure, MBA admissions at KJ Somaiya Institute of Management (KJSIM) are completely based on the merit of students in their UG degree along with their performance in the national/ state/ university-level entrance exam. Similar is the case for MCA and PhD admission, students who meet the eligibility criteria of having completed their UG and PG degrees, respectively, with a valid score in national/ state/ university-level entrance exams can secure admission. However, students are advised to reach out to the admission office to confirm the same.
Commonly asked questions On Best Colleges accepting NMAT Score in Maharashtra
No, the FLAME University MBA admission cutoff is yet to be revealed for the 2026 academic year. The cutoffs are based on the scores of the state/national level entrance exams for MBA admissions. Out of these entrance exams, the cutoff for the NMAT is different from the rest of the accepted entrance exams.
IIEBM Pune hostel charges are INR 3.4 lakh. Candidates taking the accommodation facility have to pay this fee amount. It is within the rights of the institute to revise its fee structure. The given fee is as per the official website/ sanctioning body. It is still subject to changes and hence, is indicative.
MIT-WPU offers good annual placements for various courses like B.Tech, MCA, B.Des and M.Sc, etc. As per the latest report, the highest package offered during MIT-WPU placements 2023 stood at INR 51.36 LPA. Further, the highest packages offered to the B.Tech and B.Des batches 2023 stood at INR 44.14 LPA and INR 20 LPA, respectively. The key highlights of MIT-WPU placements 2023 are tabulated below:
Particulars | Placement Statistics (2023) |
|---|---|
Highest package | MSc: INR 51.36 LPA BTech (IT): INR 44.14 LPA MTech: INR 24 LPA BDes: INR 20 LPA |
Average package | INR 7 LPA |
Average package for top 100 placements | INR 16.3 LPA |
NMIMS Navi Mumbai has yet to release its overall average package. However, it has released its school wise placement report for 2025. See the table below to know more about the average package recorded during NMIMS Navi Mumbai placements 2025:
| School | Average Package |
|---|---|
| SBM | INR 12.85 LPA |
| SOL | INR 5.88 LPA (BA LLB) INR 5.88 LPA (BBA LLB) |
| SOE | INR 5.6 LPA |
| SOHM | INR 3.8 LPA |
| STME | INR 7.53 LPA (BTech) INR 10.5 LPA (MBA Tech) |
| SOC | INR 5.28 LPA |
| SOLA | INR 2.16 LPA |
RIIM Pune shortlists students based on their performance in the CAT/ XAT /MAT /CMAT /ATMA /GMAT/ NMAT or any other competitive exam approved by AICTE, followed by WA, GD & PI. Selected students need to upload the documents for verification and book a slot for seat allocation. Moreover, at the time of admission confirmation, candidates are required to pay the registration fee of INR 50,000.
Commonly asked questions On Best Colleges accepting NMAT Score in Maharashtra
MBA is one of the popular courses of Amity Mumbai. After completing MBA from Amity University Mumbai, students will be open to multiple job opportunities. The final placement report is yet to be released for the batch passing out in 2023. However, the university has released the NIRF report 2023 on its official website. According to the NIRF report 2023, 198 MBA students were placed during Amity University Mumbai placements 2022. Further, the median package offered to MBA students during Amity Mumbai placements 2022 was INR 6.50 LPA. The top recruiters of Amity University Mumbai during the past years included HCL, Airtel, TCS, Infosys, Amazon, Deloitte, Wipro, etc.
Check other MBA Colleges in Mumbai
SDA Bocconi Asia Center admissions are currently open for all the courses including MBA . Aspirants can apply for the preferred programme online. Admission to SDA courses is primarily entrance-based. The center considers scores in CAT, NMAT, GRE, etc. for admission. The center also conducts a Bocconi Test to shortlist candidates for admission. SDA Bocconi admission Round-3 application deadline for IMB is Mar 21, 2025.
Yes, candidates can get admission to the MBA course at MIT-WPU, Pune without CAT scores. Because the school accepts several other accepted entrance exams for admission to MBA courses, such as CAT/ XAT/ NMAT/ GMAT/ PERA/ CMAT/ MAH-CET/ MAT. Therefore, candidates with relevant scores in CAT can get admission to the MBA at MIT-WPU, Pune. However, it is not compulsory.
The minimum eligibility for IBS Mumbai PGDM is graduation in any discipline with a minimum aggregate of 50% with the medium of study being English. Atleast of 15 years of education must be completed to be eligible. Moreover, the candidates in the last year of the degree programme are also eligible to apply.
ATLAS SkillTech University offer scholarship to meritorious students. As a part of the ATLAS Scholarship Program, scholarships will be awarded for four different categories. Check below the scholarship categories:
| Category | Details |
|---|---|
| Merit-Based | Students demonstrating excellence in academics and high intellectual aptitude are eligible for scholarship |
| Financial Aid | Students who need financial support to achieve their aspirations at ATLAS can apply for this scholarship |
| Educators | Children of educators (teacher, professor or administrator.) are eligible for this scholarship |
| Defense | Children of personnel currently serving in the armed forces are eligible for this scholarship. |
Commonly asked questions On Best Colleges accepting NMAT Score in Maharashtra
The average package offered during Kirloskar Institute of Management Pune during the recently held placement drive was INR 8 LPA. The average salary trends witnessed during Kirloskar Institute of Management PGDM placements over the past three years are presented below:
Course | Average Package (2023) | Average Package (2024) | Average Package (2025) |
|---|---|---|---|
PGDM | INR 7.20 LPA | INR 7.3 LPA | INR 8 LPA |
IBS Pune offers scholarships under various schemes, to be eligible to apply for IBS Pune scholarships, check the pointers below:
- For Toppers in IBSAT scholarship, candidates must secure top ranks in IBSAT.
- Wards of IBS Alumni scholarship is offered to children of IBS alumni applying for the MBA/PGPM programme.
- Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces scholarship is offered to children of in-service or retired defence personnel from these forces applying for MBA/ PGPM program.
In the MBA programmes at ATLAS SkillTech University, specialisation-focused subjects are usually introduced after completion of the core management modules. This allows application of foundational concepts to domain-specific learning. Advanced electives and projects strengthen expertise in the chosen MBA specialisation.
BSE Institute Limited, Mumbai offers various UG and PG level courses. These courses include BSc, BCom, PG Diploma, MMS, etc. Candidates willing to secure a seat for one of these courses at the institute must start by ensuring that they are eligible as per the course-specific eligibility criteria prescribed by the institute. Eligible candidates can visit the insitute's official website or campus to obtain the application form and apply. The next step is to appear for an aptitude test, followed by an interview, both of which are condcuted by BSE Institute Limited. Seats are allocated based on the applicants' eligibility, performance in the selection rounds and seat availability.
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 |
- Colleges in Maharashtra
- Colleges in India
- Colleges in Mumbai (All)
- Top MBA Colleges in Maharashtra 2026
- Top Private MBA Colleges in India 2026
- Top IIMs in India 2026
- Top MBA Colleges in Uttar Pradesh 2026
- MBA Colleges accepting CAT in India
- MBA Colleges accepting MAT in India
- MBA Colleges accepting SNAP in India
- MBA Colleges accepting XAT in India