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Best MBA Colleges in Maharashtra 2024: Rankings, Fees, Placements, Admission, Exams

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On Best MBA Colleges in Maharashtra 2024: Rankings, Fees, Placements, Admission, Exams

Q:   How many colleges for MBA in Maharashtra?

A: 

There are about 700+ best MBA colleges in Maharashtra. Among these, 473 colleges are privately owned, 37 colleges are owned by public/government organisations and public-private entities own 20 MBA colleges. CAT, CMAT, MAH CET, MAT, XAT, and ATMA are some of the most accepted entrance exams in top MBA colleges in MaharashtraNMIMS School of Business Management, Symbiosis Institute of Business Management, National Institute of Industrial Engineering, S.P. Jain Institute of Management and Research, K J Somaiya Institute of Management, etc. are some of the popular MBA colleges in Maharashtra.

Q:   Which is the No. 1 MBA college in Maharashtra?

A: 

IIM Mumbai emerged to be as the No. 1 MBA college in Maharashtra followed by SPJIMR and NMIMS Mumbai. Listed below are some of the colleges along with their NIRF ranking of past three years:

College Name

NIRF 2021

NIRF 2022

NIRF 2023

Symbiosis Institute of Business Management

20

17

17

SPJIMR

19

21

20

NMIMS School of Business Management

22

25

21

IIM, Nagpur

40

43

43

Welingkar Institute of Management

72

68

73

KJ Somaiya Institute of Management

56

71

45

Hope this answers your query!!

Q:   What are the affordable MBA colleges in Maharashtra?

A: 

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.

Listed below are some of the affordable MBA colleges in Maharashtra that have tuition fees of less than INR 1 lakh:

Low-cost CollegesTotal Tuition Fee
Welingkar MumbaiINR 94,000
Indira Institute of ManagementINR 30,000
Abasaheb Garware Institute of Management StudiesINR 91,000
Punyashlok Ahilyadevi Holkar Solapur UniversityINR 88,000
Dr. Babasaheb Ambedkar Marathwada UniversityINR 20,000 - INR 90,000

Q:   Which is the best college for an MBA in Maharashtra with the highest placement package?

A: 

The following table provides a comprehensive summary of the best MBA colleges in Maharashtra, together with the placement packages that these institutions offer to its graduates and the names of the major recruiters that were involved.

College Name

Annual Average Package

Prominent Recruiters

NMIMS School of Business Management Placements

INR 7 LPA - INR 19 LPA

American Express, Axis Bank, EY, ITC, Wipro, etc.

SIBM Pune Placements

INR 24 LPA

Fullerton, Kroll, Luminous, Aditya Birla Capital, EY, PwC, etc.

IIM Mumbai (formerly known as NITIE) Placements

INR 21 LPA – INR 31 LPA

Capgemini, Coca-Cola, KPMG, Britannia, etc.

SPJIMR Placements

INR 25 LPA – INR 30 LPA

Asian Paints, Godrej, HUL, Nestle, Castrol, etc.

NMIMS Mumbai Placements

INR 19 LPA

Accenture, Adobe, Infosys, EY, etc.

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Q:   What is the eligibility criteria to get admission to top MBA colleges in Maharashtra?

A: 

The following is a list of general requirements for admission to the best MBA programs in Maharashtra:

  • A bachelor's degree or its equivalent from an accredited university or other institution in any discipline is required of candidates, with a minimum cumulative GPA of 50%.
  • Maharashtra has a large number of MBA schools that take into account the results of national entrance tests like the MAT, CAT, GMAT, XAT, CMAT, or MAH CET. It is necessary for candidates to achieve the minimum cutoff scores that each college has established.

Q:   What are the various entrance exams accepted by top MBA colleges in Maharashtra?

A: 

The different admission tests that leading MBA colleges in Maharashtra accept are listed here, along with a cutoff prediction and the number of universities that accept each exam:

Exams

Number of Colleges

Cut off Predictor

MAH CET

621

MAH CET 2024 Predictor

CAT

424

CAT 2024 Predictor

CMAT

406

CMAT 2024 Predictor

XAT

390

XAT 2024 Predictor

MAT

390

MAT 2024 Predictor

ATMA

364

ATMA 2024 Predictor

Q:   What is the MAH MBA CET syllabus?

A: 

The syllabus of MAH MBA CET includes the following:

Logical and Abstract Reasoning: Arrangements, Family tree, Coding-Decoding, Direction, Clock and Calendars, Groups and Conditionality, Number Series, Venn Diagrams, Syllogisms, Odd Word Out, Analogies, Blood Relations, Proposition, Direction Sense, Assumptions, Puzzles, Binary Logic, Clock and Calendars, Sets and Caselets, etc.

Quantitative Aptitude: Geometry, Trigonometry, Algebra, Mensuration, Partnership (Accounts), Profit and Loss, Mean, mode, median, Ratio and Proportion, In-Equations, Quadratic and Linear equations, Surds and Indices, Time-Speed-Distance, Number System, Geometric Progression, Binomial theorem, Inequalities, Work and Time, Percentage, Logarithms, Square Root and Cube Root, Probability and Simple Interest and Compound Interest.

Verbal Ability and Reading Comprehension: Reading comprehension, selling/appropriate usage, fill in the banks, para jumbles, vocabulary, antonyms and synonyms, error correction, sentence completion and word arrangement, grammar, one-word substituting and verbal ability.

Q:   What is the difficulty level of MAH MBA CET?

A: 

MAH MBA CET is a moderately difficult exam. It’s difficulty level is lower than CAT but higher than MAT or ATMA. A major factor that makes MAH CET a difficult test to crack is that the questions are presented in random order and sectional weightage vary in every slot. So, candidates cannot anticipate or plan how many and which type of questions to get to their target score.

Also, the MAH MBA CET is dominated by Logical Reasoning questions and there are comparatively less Quantitative Aptitude questions. Since, there is no set pattern, candidates cannot pre-plan. They need to make a strategy and implement it as soon as they see the question paper. So, those who can think on their feet and can crack the exam better than others.

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Q:   What are the various Distance MBA colleges in Maharashtra?

A: 

The table below shows the distance MBA colleges in Maharashtra along with their total tuition costs:

Distance MBA CollegesTotal Tuition Fee
Symbiosis Centre for Distance LearningINR 50,000
Institute of Distance and Open Learning, University of MumbaiINR 19,000 - INR 1 lakh
IIBMSINR 41,000 - INR 51,000
Yashwantrao Chavan Maharashtra Open UniversityINR 33,000
MIT School of Distance Education, MAEERINR 65,000 - INR 9 lakh

Q:   Is it worth doing an MBA from MBA colleges in Maharashtra?

A: 

Joining MBA colleges in Maharashtra 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:

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!!

Q:   How can I prepare for MAH MBA CET?

A: 

MAH MBA CET preparation can be done in two ways – 1. Join a coaching institute 2. Prepare by self study. If you choose the former, you will get complete guidance from the teachers and mentors, but if you choose the later, you will have to be your own guide. Self study will require a lot more discipline and dedication. Take simple yet impactful steps. First of all, check the exam syllabus and see how much time you will require to cover the topics. If you are already familiar with the topics included in the MAH MBA CET syllabus, you will be able to have an estimation of the time required.

Ideally, you should start MAH MBA CET preparation about nine months in advance. That will give you an ample time to understand and master the topics included in the syllabus through theory and practice questions. Join online study groups for problem solving and doubt clearing. Staying in contact with peers will keep you motivated for preparation.

Q:   Which top MBA colleges in Maharashtra give admission through MAH CET?

A: 

There are a total of 398 top MBA colleges in Maharashtra that give admission through MAH CET score. Out of which, some of them are mentioned below along with their total tuition costs:

College NameTotal Tuition Fee
Pune Institute of Business ManagementINR 7 lakh - INR 8 lakh
Jamnalal Bajaj Institute of Management StudiesINR 6 lakh- INR 7 lakh
Indira School of Business StudiesINR 4 lakh- INR 7 lakh
Neville Wadia Institute of Management Studies and ResearchINR 3 lakh- INR 4 lakh
IIMS PuneINR 9 lakh
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