Best MBA Colleges in Maharashtra: Fees, Admission 2026, Courses, Salary, Ranking

There are only 2 Government Colleges in India that provide PGDM Courses and accept MAT Scores, others provide MBA, which is similar to PGDM. The colleges are -

• IIRM Hyderabad
• Administrative Staff College of India

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

Disclaimer: This information is sourced from the official website/ sanctioning body and may vary.

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.

The best online MBA college would depend on various factors of learning and career growth. But, if you must choose by curricula and global employer appeal, IIM Ahmedabad has advanced blended online MBA programmes. It's also NIRF’s no. 1 management college in India, for the last two years. IIM Ahmedabad offers two online MBA programmes in blended mode. One is a general course, MBA- BPGP (Blended Post Graduate Programme in Management). The other one is the Blended MBA in Business Analytics & AI. 

Under Symbiosis International (Deemed University), SIBM Pune offers scholarships to various eligible course students as financial assistance. The below-mentioned table reflects on the scholarships (2023-2024) offered by SIBM Pune under SIU:

• Late Jayatee Deshmukh Scholarship (for SNAP/ SET Female Toppers)
• Merit Scholarship Scheme for Students from North-East Region (NER)
• International Scholarships –Post Graduate & Undergraduate
• Merit Scholarship for IIT Graduates (Joining MBA programmes of SIU)
• SIBM Merit Scholarship

Note: There are various other scholarships provided by the college. For them, please visit the official website of the college.

No, it is not necessary to have an MBA degree to get a job in managerial post in a Government organisation.

A PGDM in a relevant specialisation can be equally eligible or suitable for a managerial role in a Government organisation also.

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.

Some of the popular Govt. PGDM Colleges are given in the table below:

• IIM Kozhikode
• IIM Shillong
• XLRI Jamshedpur
• MDI, Gurgaon
• MICA, Ahmedabad
• IIM Lucknow
• Great Lakes Institute of Management

Yes, it is very much necessary to take entrance exams for PGDM courses in India, If you want to take admission int reputable and top-tier B-schools then it is very crucial. 

While some institutions offer direct admission based on graduation merit, most colleges require valid scores from national-level tests like CAT, XAT, CMAT, NMAT, or MAT. 

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. 

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.

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. 

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. 

Hope this information proves beneficial for you!!

MBA is a two-year course consisting of four semesters. NMIMS Mumbai offers various Management courses including MBA, MBA in Human Resources, MBA in Law, etc. The total tuition fee for NMIMS Mumbai MBA range between INR 16 Lakh and INR 27 lakh. However the fee range could have changed, students can visit the college's official website for exact information related to fees for MBA.

Students can check the table below for some popular courses under MBA:

The total number of seats allocated to the MBA course at IIM Nagpur is 280. To get a seat in this programme, applicants must have a bachelor's degree with a minimum of 50% aggregate (5% relaxation for reserved category candidates) in any discipline from a recognised university. Further, the selection process is based on CAT, Written Ability Test (WAT), Group Discussion & Personal Interview, Academic Merit, Gender Diversity & Work Experience.

Each semster of MBA at Shivaji University comprises of vairous core subjects. These subjects are compulsary for all students to attend. Listed below are some of the core subjects included in the curriculum:

• Principles of Management
• Business Communication
• Information Technology for Management
• Organisational Behaviour
• Business Law

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.

Students who wish to get admission to MBA course offered at Balaji Institute of Modern Management must meet the eligibility conditions. Completed UG degree with 50% marks (45% for reserved category) from a recognised university can apply.

To check the RTMNU cutoff 2026 go to university website that is nagpuruniversity.ac.in or affiliated college websites for merit lists which is usually released after 10+2 or qualifying exam results. For specific courses students can check admission notices or the state common entrance test like MHT CET portals for cutoffs. 

Pune Institute of Business Management (PIBM) Pune is good for placements because it helps students find opportunities in various sectors such as counselling, IT and ITES, BFSI, FMCG, Telecom, real estate, manufacturing as well as several different sectors with some big companies. Some of the top and constant recruiters of PIBM Pune include Deloitte, Accenture, ITC Group, Dabur, Nestle India, Wipro, Colgate Palmolive, Reliance Industries, Fortune, Mario, Vodafone, TCS, etc. More than 650 recruiters from diverse sectors have come to offer different job roles to students of PIBM Pune with the average package of INR 7.1 LPA. 

IMT NAGPUR has a full-time 2 yrs Post Graduate Diploma in Management (PGDM) residential programme equivalent to MBA in various specialisations like Marketing, IT Management, Operations Management, Business Analytics, HR & OB, Economics and Finance. The total no. of seats at IMT Nagpur is 180 for the PGDM programme.  In order to be eligible for PGDM admission at IMT Nagpur, one should have a valid scorecard in any one of the following national-level management entrance tests like CAT / XAT / GMAT / CMAT.