Best NMAT Colleges 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 NMAT Colleges in Maharashtra
Commonly asked questions On Best NMAT Colleges in Maharashtra
You can choose MBA in Finance, FinTech, Marketing, Business Analytics, Entrepreneurship, Digital Marketing & Advertising, Investment Banking, and Design Management & Strategic Thinking. These options help in selecting MBA basis career interests and industry goals.
Some of the prominent recruiters who visited during the recent BSE Institute placements are listed in the table below:
BSE Institute Top Recruiters | ||
|---|---|---|
Analah Capital | Zee Business | ICCL |
Kotak Securities | Morning Star | Bank of India |
IIFL Securities | BSE | CDSL |
Arcon | KRG | ITI Gilts |
To finalise the MBA seats at SDA Bocconi Asia Center need to pay an application fee to fill out the form. SDA Bocconi Asia Center releases the application forms online. Candidates need to pay the below application fee via any of the online payment modes for registration:
| Course | Application Fee |
|---|---|
| IMB | INR 3,500 |
| IEMB | INR 4,000 |
Many top companies participate in the placements drive of the institute. Candidates can also take part in the off campus placements drive. The list of top recruiters during Kirloskar Institute of Management placements is presented below:
Kirloskar Institute of Management Top Recruiters | |
|---|---|
Deloitte Consulting India Pvt Ltd | Alfa Laval India Pvt Ltd |
G4S Corporate Services Pvt Ltd | ANZ Bank |
TTK Prestige Ltd | HDFC Bank Ltd |
Grant Thornton | Kirloskar Group |
VE Commercial Vehicle Ltd | IDFC First Bank |
Reliance Retail Ltd | Paytm |
As per the latest report, the the highest and average package offered to PGDM students during Imperial School of Banking and Management Studies placements in 2024 stood at INR 16.4 LPA and INR 9.5 LPA, respectively. The same is tabulated below:
Particulars | PGDM Placement Statistics (2024) |
|---|---|
the highest package | INR 16.4 LPA |
Average package | INR 9.5 LPA |
MumbaiPvtCommonly asked questions On Best NMAT Colleges in Maharashtra
No, NMAT is not compulsory to get admission into the PGPM course at Athena School of Management, because the school also accepts several other entrance examination scores for admission to this management course, such as NMAT/ GMAT/ CAT/ ASAT - Athena Scholastic Ability Test. Therefore, NMAT is one of the accepted entrance exams for admission to the PGPM course. However, it is not compulsory. Therefore, candidates with relevant scores in any of the following entrance exams can get admission to PGPM courses.
Yes, candidates can get admission in the Maharashtra Institute of Technology MBA course without CAT, since the institute accepts multiple other national and state-level entrance exams for its MBA course. Candidates can go for the MAH MBA/ MMS CET/ GMAT/ MAT/ ATMA/ XAT/ CMAT, etc., exams for MBA admission. Interested students can apply for the MBA course with a valid exam score and qualifications.
No, Class 12 marks are not enough for admission in Atharva University. Entrance tests are required for BTech, BDes, and BSc courses. The university also has a personal interview round. Atharva University final admission is merit-based and entrance performance-based.
Pearl Academy offer scholarships to encourage students. The Who's Next Scholarship provides the most innovative brains from India with up to 100% funding. Both undergraduate and graduate students are eligible to apply. To be considered for this scholarship, a student must have applied for admission to undergraduate and graduate programmes, taken the Pearl Academy entrance test, and met the requirements.
Candidate must have qualified for the Pearl Academy Entrance Exam. The aspirant must be a resident of India. Applicants will be offered the Scholarship based on their performance in the Pearl Entrance Exam which includes a Written Exam & Personal Interview.
Commonly asked questions On Best NMAT Colleges in Maharashtra
XAT 2026 registration process began from July 10, 2025. Official announcement of commencement of XAT registration process 2026 has been made by XLRI at its website. Interested candidates have to register for XAT 2026 by creating a login ID at xatonline.in website. The XAT application fee will be INR 2200. Candidates will have to pay the fee to submit the XAT application form.
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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