720 Top MBA Colleges in Maharashtra

Maharashtra is home to over 700 MBA colleges. Out of which 89% are Private, 7% are Public and 4% are Public Private.

MBA Colleges in Maharashtra Highlights

Particulars

Parameters

No. of Colleges

700 (Approx.)

Fees

Annual Fee < INR 1 lakh:

Annual Fee INR 1-2 lakh:

Top Specialisations

Finance, HR, Sales & Marketing, IB, BA, etc.

Admission Process

Entrance Based: CATMATXATCMAT, etc.

MBA is one of the most popular postgraduate course in India as it is open to students from all streams and provide a range of mid and senior level jobs across industries. MBA is a two-year degree course, imparted in full-time as well as part-time, distance learning and online mode. The full-time MBA is the most popular choice among college going students. 

MBA Colleges in Maharashtra Eligibility Criteria

The basic eligibility criteria

Read More

Maharashtra is home to over 700 MBA colleges. Out of which 89% are Private, 7% are Public and 4% are Public Private.

MBA Colleges in Maharashtra Highlights

Particulars

Parameters

No. of Colleges

700 (Approx.)

Fees

Annual Fee < INR 1 lakh:

Annual Fee INR 1-2 lakh:

Top Specialisations

Finance, HR, Sales & Marketing, IB, BA, etc.

Admission Process

Entrance Based: CATMATXATCMAT, etc.

MBA is one of the most popular postgraduate course in India as it is open to students from all streams and provide a range of mid and senior level jobs across industries. MBA is a two-year degree course, imparted in full-time as well as part-time, distance learning and online mode. The full-time MBA is the most popular choice among college going students. 

MBA Colleges in Maharashtra Eligibility Criteria

The basic eligibility criteria for MBA college in Maharashtra is common. However, the selection criteria may vary from college to college. Check the basic eligibility criteria of MBA colleges in Maharashtra below:

  • Candidates must have completed graduation in any stream or equivalent from a recognised university
  • The minimum score requirement is 50 per cent aggregate in graduation. For reserved category students, the minimum score is 45 per cent aggregate.
  • Candidates with professional degrees such as CA/CS/ICWAI etc. are also eligible to pursue MBA

MBA Colleges in Maharashtra NIRF Ranking 2022

National Institutional Ranking Framework (NIRF) ranks colleges every year. The ranking is based on parameters and ranking changes year to year depending on the college/ university’s performance on parameters like infrastructure, placements, faculty, etc.

The below table shows the MBA colleges in Maharashtra that are ranked under NIRF:

College Name

NIRF 2020

NIRF 2021

NIRF 2022

National Institute of Industrial Engineering, Mumbai

12

12

9

IIT Bombay

11

10

11

Symbiosis Institute of Business Management

22

20

17

SPJIMR

18

19

21

NMIMS

24

22

25

IIM, Nagpur

40

40

43

Welingkar Institute of Management

68

72

68

KJ Somaiya Institute of Management

56

56

71

Pune Institute of Business Management

Not Ranked

Not Ranked

91

IMT, Nagpur

Not Ranked

Not Ranked

95

List of Private and Public MBA Colleges in Maharashtra

There are 454 Private, 34 Public and 20 Public Private MBA colleges in Maharashtra.

List of Private MBA Colleges in Maharashtra

Below table showing list of private colleges with their annual fees:

Private Colleges

Total Tuition Fee

Symbiosis Institute of Business Management

INR 15.9 lakh- INR 22.2 lakh

SPJIMR

INR 20.42 lakh- INR 22.1 lakh

NMIMS

INR 12.04 lakh- INR 24 lakh

Amity University, Mumbai

INR 7.24 lakh- INR 10.52 lakh

ITM Business School

INR 10.95 lakh

List of Public MBA Colleges in Maharashtra

Below table showing list of public colleges with their annual fees:

Public Colleges

Total Tuition Fee

IIT Bombay

INR 4 lakh- INR 20 lakh

National Institute of Industrial Engineering, Mumbai

INR 12.53 lakh- INR 13.43 lakh

IIM Nagpur

INR 17.7 lakh

Sasmira’s Institute of Management and Research

INR 3.98 lakh

PUMBA

INR 1.29 lakh- INR 1.52 lakh

List of Public Private MBA Colleges in Maharashtra

Below table showing list of public private colleges with their annual fees:

Public Private Colleges

Total Tuition Fee

National Institute of Bank Management

INR 13.72 lakh

NICMAR University, Pune

INR 6 lakh- INR 19.75 lakh

Nabira Mahavidyalaya

INR 1.28 lakh

J.M. Patel Commerce and Science College

INR 1.1 lakh

Refer to the infographic below for the detailed overview of colleges:

 

Location Wise MBA Colleges in Maharashtra

MBA colleges in Maharashtra are spread across cities including Pune, Mumbai, Nagpur, Nashik etc.

Refer to the infographic below for a detailed overview of location wise MBA colleges in Maharashtra:

ROI of Top MBA Colleges in Maharashtra

Return on Investment (ROI) is the estimated value of the degree in term of monetary benefit you get from the programme. To understand it in simple terms, ROI is the comparison between expenses incurred in pursuing the degree and salary earned from the job secured with the help of the degree. Refer to the table below to know the best MBA colleges in Maharashtra with the average annual fee and average placement package:

College Name

Total Tuition Fee

Average Median Package

IIT Bombay

INR 4 lakh- INR 20 lakh

INR 22 LPA- INR 25.8 LPA

National Institute of Industrial Engineering, Mumbai

INR 12.53 lakh- INR 13.43 lakh

INR 20.99 LPA- INR 25.8 LPA

Symbiosis Institute of Business Management

INR 15.9 lakh- INR 22.2 lakh

INR 20.58 LPA

SPJIMR

INR 20.42 lakh- INR 22.1 lakh

INR 30.1 LPA

NMIMS

INR 12.04 lakh- INR 24 lakh

INR 7 LPA- 16 LPA

Note: Above Statistics are based on latest data.

READ MORE:

MBA Colleges in Uttar Pradesh

MBA Colleges in Andhra Pradesh

MBA Colleges in Uttarakhand

MBA Colleges in Delhi

Top Recruiters for Post Graduates

MBA graduates from all the domains are in high demand. Below is the list of few top companies in Uttar Pradesh that recruit MBA postgraduates along with their placement ratings: 

College Name

Shiksha Rating

Top Recruiters

National Institute of Industrial Engineering, Mumbai

4.7

Coca-Cola, KPMG, Capegimini, EY GDS, etc.

IIT Bombay

4.5

Reliance Industries, Tata Sons and Wipro, etc.

Symbiosis Institute of Business Management

4.4

 EY, Flipkart, Google, etc.

NMIMS

4.2

Marico, Pepsico, Dabur, GE, Vodafone, Pidilite, and ITC, etc.

SPJIMR

4.2

TCS, Infy, PWC, Genpact, KPMG, Accenture, Reliance Jio, Shell, Indus Tower, IBM, etc.

How Affordable is studying MBA in Maharashtra?

Based on Pie Chart below, it is estimated that that studying MBA in Maharashtra is affordable. As 36% of colleges has their annual fees ranging INR 1-2 lakh and some of them are:

Approx. 26% of colleges has their annual fees ranging > INR 5 lakh and some of them are:

Approx. 18% of colleges has their annual fees ranging INR 2-3 lakh and some of them are:

Approx. 13% of colleges has their annual fees ranging INR 3-5 lakh and some of them are:

Approx. 7% of colleges has their annual fees ranging < INR 1 lakh and some of them are:

MBA Specialisations Offered in Maharashtra

There are various specialisations offered by best MBA Colleges in Maharashtra. Top 10 most popular MBA specialisations in Maharashtra colleges are as Finance, HR, Sales & Marketing, Operations, IT & Systems, IB, BA, Supply Chain, Retail, Family Business, etc.

Refer to the infographic for the detailed overview of specialisations offered by MBA colleges in Maharashtra:

Which are the Most Popular MBA Exams Accepted by Colleges in Maharashtra?

The most popular entrance exam accepted by most MBA colleges in Maharashtra are MAH-CET, NMAT, SNAP, CAT, MAT, CMAT, ATMA and XAT.

Refer to the infographic below for an overview:

MBA Colleges in Maharashtra: Cut Off

College Cut Off

Xavier Institute of Research and Management Cut Off

SPJIMR Cut Off

SIMB Pune Cut Off

IIM Nagpur Cut Off

Vani Chugh12-14-2022 22:36
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720 results

Top MBA Colleges in Maharashtra

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NMIMS, Mumbai

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KIM is ranked "A++" consistently by Business India.
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Learn from CEOs at UBS,Mumbai & get amazing ROI with placements. Highest Placement: 1.01cr
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Ranked 10th among B-Schools in Mumbai by The Times of India B-School Survey 2022
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Ranked 29th all over India by TOI Rankings '18 Minimum 9 months paid internship in final year
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13.2 L
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16.62 L
Admissions Open for MBA | Last Date to Apply 31st Jan 2022
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8 L
Ranked 10th among B-Schools in Mumbai by The Times of India B-School Survey 2022
10.6 L
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Ranked 8th in the world for business & management studies by QS World University Rankings 2019
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FAQs

Q. Which are the Top MBA colleges in Maharashtra?

A. The Top MBA colleges in Maharashtra are:
  • National Institute of Industrial Engineering, Mumbai
  • SIMB Pune
  • SPJIMR
  • IIM Nagpur

Q. Which are the most popular specialisations offered by MBA colleges in Maharashtra?

A. The most popular MBA specialisations in Maharashtra colleges are as Finance, HR, Sales & Marketing, Operations.

Q. Which is the best college for MBA in Maharashtra based on placements?

A. The best college for MBA in Maharashtra based on placements are:
  • IIT Bombay
  • National Institute of Industrial Engineering, Mumbai
  • SIMB Pune
  • SPJIMR
  • IIM Nagpur

Q. What is the fee for MBA in Maharashtra?

A. It is estimated that that studying MBA in Maharashtra is affordable. As 36% of colleges has their annual fees ranging INR 1-2 lakh.

Q. Which are the most popular exams accepted by MBA colleges in Maharashtra?

A. The most popular exams accepted by MBA colleges in Maharashtra are CAT and MAT etc.

Q. Which are the job profiles offered after completing MBA?

A. Some of the job profiles that are offered by companies after completing MBA are:
  • Finance Manager
  • Marketing Manager
  • Sales Manager
  • Human Resources Manager
  • Operations Manager
  • Product Manager
  • Data Analytics Manager
  • Digital Marketing Manager
  • Advertising Sales Manager
   

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