Best MBA Colleges in Aurangabad: Fees, Admissions 2026, Courses, Placements

Listed below are the top private MBA colleges in Aurangabad with a fee range of INR 1-3 lakh -

Top Private Colleges	Tuition Fee
Deogiri Institute of Engineering and Management Studies	INR 1.36 lakh
Shreeyash College of Engineering and Technology	INR 1.47 lakh
Maharashtra Institute of Technology	INR 1.57 lakh
Rajarshi Shahu Institute of Management	INR 1.5 lakh
Millennium Institute of Management	INR 1.62 lakh

Source: Official site and may vary.

The top private MBA colleges in Aurangabad include MGM Institute of Management and Research, Deogiri Institute of Engineering and Management Studies, Maharashtra Institute of Technology, etc., known for their modern infrastructure with great placement options.

Listed below are some of the top colleges with their tuition fees -

Private Colleges	Total Tuition Fee
MGM Institute of Management and Research MBA Course	INR 3 lakh
Deogiri Institute of Engineering and Management Studies MBA Course	INR 1.36 lakh
Shreeyash College of Engineering and Technology MBA Course	INR 1.47 lakh
Maharashtra Institute of Technology MBA Course	INR 1.57 lakh
Rajarshi Shahu Institute of Management MBA Course	INR 1.5 lakh

Source: Official site and may vary.

Rajarshi Shahu Institute of Management offered the highest number of seat intake, i.e., 660. Given below are some of the top private MBA colleges in Aurangabad with their seat intake -

Private Colleges	MBA Seat Itake
MGM Institute of Management and Research MBA Course	180
Deogiri Institute of Engineering and Management Studies MBA Course	180
Shreeyash College of Engineering and Technology MBA Course	60
Maharashtra Institute of Technology MBA Course	60
Rajarshi Shahu Institute of Management MBA Course	660

Source: Official site and may vary.

According to NIRF 2025 rankings for management, there are around 9 top MBA colleges in Maharashtra. See rankings and locations below. 

MBA Top Colleges in Maharashtra Ranking	Rank	Location
IIM Mumbai Ranking	6	Mumbai
IIM5 Institute of Business Management Ranking	11	Pune
Indian Institute of Technology Bombay Ranking	14	Mumbai
S. P. Jain Institute of Management and Research Ranking	20	Mumbai
Sri Mumbai Ranking	24	Mumbai
IIM Nagpur Ranking	25	Nagpur
Pune J Somaiya Institute of Management Ranking	65	Mumbai
Prin. L.N. Welingkar Institute of Management Development and Research Ranking	75	Mumbai
Pune of Management Technology Ranking	99	Nagpur
Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth Ranking	101-125	Pune
National Institute of Bank Management Ranking	101-125	Pune
Pune Institute of Management Ranking	101-125	Pune
Sri Balaji University Ranking	101-125	Pune

Source: Official NIRF report: India Rankings 2025: Management. For 2026, it is yet to be published by NIRF.

There are about 20+ best MBA colleges in Aurangabad. Among these, 10 colleges are privately owned, 2 colleges are owned by public/government organisations, and public-private entities own 1 MBA college.

MAH CET, XAT, CAT, CMAT, and MAT are some of the most accepting entrance exams in MBA colleges in Aurangabad. 

Top colleges are MGM Institute of Management and Research, Deogiri Institute of Engineering and Management Studies, Dr. Babasaheb Ambedkar Marathwada University, Maharashtra Institute of Technology, etc.

The table below shows the top government MBA colleges in Aurangabad along with their total tuition fee:

Public/Government Colleges	Total Tuition Fee	MBA Seat Intake
Dr. Babasaheb Ambedkar Marathwada University MBA Course	INR 90,000 – INR 1.2 lakh	2,090

Source: Official site and may vary.

Enrolling in the top MBA colleges in Aurangabad can be worthwhile for you. As, top colleges have lower tuition fees with great placement package offered. Listed below are some of the top MBA colleges in Aurangabad with fees and salary -

College Names	Total Tuition Fee	Annual Average Package
Dr. Babasaheb Ambedkar Marathwada University Placements	INR 90,000 - INR 1.2 lakh	INR 1.92 LPA
Deogiri Institute of Engineering and Management Studies Placements	INR 1.36 lakh	INR 3.25 LPA

Source: Official site and may vary.

Yes, the top MBA college in Maharashtra with an MBA after Class 12 is Shailesh J. Mehta School of Management of IIT Bombay. It has a B.Tech + MBA course of five years, which is very competitive with only 20 seats, and the entrances are JEE Main and JEE5 Advanced with high cutoffs. 

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. 

MBA colleges in Maharashtra are among the best in the country, as the best ones can match up to the fees and more. Before choosing your management education at any part of this state, you must ideally look at the tuition fee and the average packages the graduates get. Check this table for reference. 

College Name	Total Tuition Fee	Annual Average Package
NMIMS School of Business Management MBA	INR 8 lakh – INR 24 lakh	INR 7 LPA - INR 19 LPA
SIBM Pune MBA	INR 24 lakh	INR 24 LPA
IIM Mumbai (formerly known as NITIE) MBA	INR 14 lakh	INR 21 LPA – INR 31 LPA
SPJIMR MBA	INR 15 lakh – INR 24 lakh	INR 3 LPA – INR 32 LPA
NMIMS Mumbai MBA	INR 10 lakh	INR 19 LPA

Hope this information proves beneficial for you!!

These are some popular and well-rated MBA colleges in Maharashtra that have direct admissions. 

1. Whistling Woods International
2. Indian Institute of Digital Education
3. MKES Institute of Management Studies & Research

Note: All info. is from official sources and can change. 

It is estimated that joining MBA colleges in Maharashtra might be affordable as most of the colleges have their total tuition fee ranging between INR 1-2 lakh. Some of the college's name include Marathwada Institute of Management and Research, SKN Sinhgad School of Business Management, Tirpude Institute of Management Education, Godavari Institute Of Management & Research, etc.

Low-cost Colleges	Total Tuition Fee
Welingkar Mumbai	INR 94,000
Indira Institute of Management	INR 30,000
Abasaheb Garware Institute of Management Studies	INR 91,000
Punyashlok Ahilyadevi Holkar Solapur University	INR 88,000
Dr. Babasaheb Ambedkar Marathwada University	INR 20,000 - INR 90,000

Yes, Symbiosis Institute of Business Management is definitely a good option for pursuing an MBA degree.SIBM Pune is a constituent of Symbiosis International (Deemed University) which is accredited with A ++ Grade by NAAC. Symbiosis Institute of Business Management Pune was established in 1978 and is a member of EFMD & EFMD Global network. The institute has been ranked 13 under the Management category by the NIRF 2024.

Joining the top MBA in Finance colleges in Maharashtra can be worthwhile for you. For that, you need to check its ROI. Listed below are some colleges along with their tuition fees and average placement package:

College Names	Total Tuition Fee	Annual Average Package
SIBM Pune MBA	INR 24 lakh	INR 24 LPA
SPJIMR	INR 15 lakh – INR 24 lakh	INR 29 LPA – INR 32 LPA
IIM Nagpur MBA	INR 19 lakh	INR 17 LPA
Welingkar Mumbai MBA	INR 14 lakh	INR 9 LPA
National Institute of Bank Management MBA	INR 14 lakh	INR 11 LPA

It is estimated that joining the top MBA in Finance colleges in Maharashtra might be expensive as most have tuition fees of more than INR 5 lakh. However, there are some affordable colleges having tuition fees of less than INR 1 lakh which are mentioned below:

Low-cost Colleges	Tuition Fee
IndSearch Institute of Management Studies and Research, Law College Road Campus	INR 40,000
Dhole Patil College of Engineering	INR 61,000
Shri Shivaji Maratha Society’s Institute of Management & Research	INR 70,000
Punyashlok Ahilyadevi Holkar Solapur University	INR 88,000
Unique Institute of Management (UIM, Pune)	INR 70,000

MBA in Digital Marketing is primarily centered on digital marketing strategies. It includes social media marketing, search engine optimization (SEO), content marketing, email marketing, and data analytics.

Candidates can check the table below to see the comparison between the two.

Particulars	MBA in Digital Marketing	MBA in Marketing
Degree Name	MBA in Digital Marketing	MBA Sales and Marketing
Degree Type	Postgraduate	Postgraduation
Course duration	2 years	2 years
Education modes	Full-time, part-time, online, and distance learning	Full-time, Part-time, Online, Distance
Entrance Exams	NMIMS,  CMAT,  Symbiosis Entrance Test,  MAH CET,  etc..	CAT, MAT, XAT, CMAT, SNAP etc.
Course Fees	INR 1 Lacs to INR 15 Lacs and above	INR 3 to INR 25 Lakh
Average Salary	INR 8 LPA	INR 5 to INR 20 LPA
Job Profiles	Digital Marketing Manager, Social Media Manager, Paid Media Manager/Specialist, Content Writer, Campaign Manager and SEO Manager	Marketing Manager, Sales Manager, Head Of Digital Marketing, Market Research Analyst etc.
Top recruiters	Sweans Technologies, EZ Rankings IndeedSeo, Webmaxed, ThatWare LLP, etc.	ITC,  Flipkart,  Coca-Cola, Marico,  Godrej, Nestle, etc.
Top Colleges	IMT Institute of Business Management,  IMT Ghaziabad,  Lovely Professional University,  IIM, Bodh Gaya etc..	IIM Calcutta,  IMT6 Lucknow,  XLRI,  NMIMS,  Symbiosis Institute of Business Management,  etc..

Note - The information is taken from external sites and may vary.

Know more about -

MBA in Digital Marketing Syllabus

Almost every MBA course has some sort of Mathematics in its curriculum. In the MBA in Digital Marketing, you'll get to study Management Accounting, Business Analytics, etc., subjects that may contain some amount of mathematical aspects. 

Know more about -

MBA in Digital Marketing Syllabus

College provides good facilities and infrastructure such as Cafeteria, Hostel, Labs, Library, Shuttle Service, Sports Complex, Wi-Fi Campusto the students.