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:   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:   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 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 are the top MBA colleges in Maharashtra?
A: 

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 RankingRankLocation
IIM Mumbai Ranking6Mumbai
IIM5 Institute of Business Management Ranking11Pune
Indian Institute of Technology Bombay Ranking14Mumbai
S. P. Jain Institute of Management and Research Ranking20Mumbai
Sri Mumbai Ranking24Mumbai
IIM Nagpur Ranking25Nagpur
Pune J Somaiya Institute of Management Ranking65Mumbai
Prin. L.N. Welingkar Institute of Management Development and Research Ranking75Mumbai
Pune of Management Technology Ranking99Nagpur
Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth Ranking101-125

Pune

National Institute of Bank Management Ranking101-125

Pune

Pune Institute of Management Ranking101-125

Pune

Sri Balaji University Ranking101-125

Pune

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

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:   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:   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:   Which is better among MBA in Digital Marketing and MBA in Marketing?
A: 

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 ExamsNMIMS,  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

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:   Does MBA in Digital Marketing syllabus have a Mathematics subject?
A: 

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

Q:   Is work experience mandatory to get a PGDM?
A: 

No, work experience is not mandatory for atraditional PG Diploma in management. But, there are some niche and specialised PGDM courses that require 1 to 5+ years of experience.

Students are advised to check college website for more details and eligibility criteria.

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Q:   Is MBA available in Shivaji University?
A: 

Yes, an MBA is available at Shivaji University. The university offers this programme in two modes, distance and online. For both modes, the duration of the course is two years, and the mode of education is full-time. Students enrolled in this programme study different facets of Management. Moreover, the university also offers an MBA programme via its affiliated colleges.

Q:   Can I get direct admission at KJ Somaiya Institute of Management (KJSIM)?
A: 

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.

Q:   Does Welingkar Mumbai offers MBA course?
A: 
 
Yes, Welingkar does offer MBA/ PGDM courses from several departments in different specialisations, such as Retail Management, Supply Chain Management, Healthcare, etc. The courses are offered for the duration of two years and divided into four semesters. To get admission into this course, candidates are required to fulfil certain eligibility parameters. Some of them are completing a bachelor's degree, securing valid scores in the entrance exam, work experience, GD, PI, along with a written test, etc.
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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:   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:   Does Balaji Institute of Modern Management offer specialised MBA courses?
A: 

Yes, Balaji Institute of Modern Management offers specialised MBA courses. Apart from the general MBA, the institute provides an MBA in Marketing Management and an MBA in PM-HRD. Both these courses are offered in affiliation with Sri Balaji University and run for a two-year course duration. Further, the mode of education is full-time.

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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