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

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Best MBA Colleges in Maharashtra

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Commonly asked questions
On Best MBA Colleges in Maharashtra: Fees, Admission 2026, Courses, Salary, Ranking
Q:   What are the best government PGDM colleges accepting MAT scores in India?
A: 

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 -

Q:   Is SIBM Pune worth for MBA?
A: 

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.

Q:   Is it worth joining Online MBA colleges in India?
A: 

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:

College Names

Total Tuition Fee

Annual Average Package

Great Lakes Institute of Management MBAINR 4 lakhINR 12 LPA

IFHE Hyderabad MBA

INR 2 lakh

INR 8 LPA

Birla Institute of Management Technology MBAINR 3 lakhINR 11 LPA

Manipal University, Jaipur MBA

INR 2 lakh

INR 8 LPA

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

Q:   Which is the No. 1 Online MBA college in India?
A: 

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. 


Q:   How is IIM Mumbai? What package can MBA students expect after completing the degree?
A: 

IIM Mumbai is one of the premier Management Institutes in India. The past three-year placement trends suggest that the highest package offered during IIM Mumbai placements stand between INR 49 LPA and INR 78 LPA.

Further, the salary package offered during IIM Mumbai placements 2024 is presented below:

Particulars

Placement Statistics (2024)

the highest package

INR 54 LPA

Top 10% average package

INR 47.29 LPA

Top 20% average package

INR 40.71 LPA

Top 50% average package

INR 33.84 LPA

Average package (for PPOs)

INR 29.44 LPA

Median package (for PPOs)

INR 28 LPA

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On Best MBA Colleges in Maharashtra: Fees, Admission 2026, Courses, Salary, Ranking
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:   Is it necessary to do MBA to get a government job or PGDM is fine?
A: 

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

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

 

Q:   What are the top government PGDM colleges in India?
A: 

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
Q:   Does Maharashtra have any top college that offers after 12th MBA and what is the course fees?
A: 

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. 

Q:   Is CAT necessary for MBA admission at SPPU?
A: 

No, candidates from Maharashtra can get admission in MBA at SPPU through MAH-CET. Candidates who are not from Maharashtra can get admission through scores in CMAT if they do not have valid score in CAT. 

For admission in MBA (PBT) offered by PUMBA, admission is given based on score in ATMA.

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On Best MBA Colleges in Maharashtra: Fees, Admission 2026, Courses, Salary, Ranking
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 college is best for MBA direct admission in Maharashtra?
A: 

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. 

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

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!!

Q:   Is it necessary to give entrance exams for admission to PGDM course?
A: 

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. 

Q:   What's the actual reality of placements in the NMIMS Mumbai MBA Core programme?
A: 

During NMIMS placements 2024, 37% of the MBA Core students were placed through PPOs. A total of 168 companies participated in the placement process, including 72 new recruiters. The institute also witnessed the participation of 68 Fortune 500 recruiters. Check the complete insights of NMIMS MBA placements 2024 from the table below:

ParticularsMBA Core Placement Statistics (2024)
Highest packageINR 67.70 LPA
Average packageINR 25.13 LPA
Top 10% package

INR 40.60 LPA

Top 20% package

INR 37.10 LPA

Top 30% package

INR 34.40 LPA

Top 40% package

INR 32.10 LPA

Batch placed through PPOs 37%
Fortune 500 recruiters68
Total recruiters168
New recruiters72
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On Best MBA Colleges in Maharashtra: Fees, Admission 2026, Courses, Salary, Ranking
Q:   What are the subjects covered in MBA curriculum at Shivaji University?
A: 

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
Q:   Which entrance exam is accepted by K J Somaiya Institute of Management?
A: 

KJ Somaiya Institute of Management (KJSIM) admission to all the full-time PG courses is entrance-based and the institute accepts scores of CAT/ XAT/ CMAT/ GMAT/ NMAT for MBA and Executive MBA. PERA-CET, MAH-CET or CUET-PG are accepted for admission to MCA programme. Final selection is based on certain parameters, which include qualifying exam score, and Personal Interview, past academic record, achievements and work experience. 

Q:   Can we join MBA at Welingkar Mumbai directly?
A: 

No, candidates are not allowed to get admission into the MBA/ PGDM at Weilingkar Mumbai directly. To get admission into this course, applicants must follow the complete admission process that starts with the registration of the course, appearing in the valid entrance exam, release of the cutoff, admission confirmation, fee payments, etc. In addition, if someone is a prospect to join the MBA at Welingkar Mumbai, they are obliged to follow all these eligibility requirements. 

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Q:   Is CAT compulsory for MBA at BIMM?
A: 

No, CAT is not compulsory for MBA at Balaji Institute of Modern Management. The institute offers admission to its MBA courses via many entrance tests, and not just CAT. Check below to know all the accepted entrance exams:

  • CAT
  • MAT
  • XAT
  • CMAT
  • MAH CET
  • Sri Balaji Entrance and Screening Test
Q:   What is the application deadline for PIBM Pune MBA batch?
A: 

Last date to submit PIBM MBA application is January 20 this year. You can apply directly through PIBM Online Admission Portal. For this, you need to pay an application fee of INR 1,000. 

Q:   How to check RTMNU Cutoff 2026?
A: 

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. 

Q:   Is IMT Nagpur better than Hyderabad?
A: 

Candidates can refer to the following table for a comparison between both the institutes based on fee and ranking:

Given below is the comparison between IMT lcated in Nagpur and Hyderabad for their MBA/ PGDM courses on the basis of parameters including, NIRF ranking under the Management category and tuition fee:

Institute Name

NIRF Ranking '23

Tuition Fees

Average Package

IMT Nagpur

101-1012

INR 13.8 lakh

INR 10.81 LPA

IMT Hyderabad

84

INR 13.8 lakh

INR 12 LPA

NOTEThe above-mentioned fees are taken from an unofficial source. Hence, are indicative.

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