Best MBA Colleges in Maharashtra: Ranking 2025, Fees, Placements, Admission, Exams

There are around 760+ MBA colleges in Maharashtra. Students can study at around 470+ private, 30+ government and 15+ public-private MBA colleges in Maharashtra. Admission to the top MBA colleges in Maharashtra is based on the score of entrance exams like MAH CET, CAT, CMAT, MAT, MAT, XAT, etc. Some of the best MBA colleges in Maharashtra include Symbiosis Institute of Business Management, IIM Mumbai, S.P. Jain Institute of Management and Research, NMIMS, Mumbai, IIM Nagpur, K J Somaiya Institute of Management, Prin. L. N. Welingkar Institute of Management Development, etc.

Best MBA Colleges in Maharashtra: Highlights 2025

Here are some details about the MBA colleges in Maharashtra:

Parameters	Details
Number of MBA Colleges	760+ colleges
Annual Fees	Free: 1 college Less than INR 1 Lakh: 60+ colleges INR 1-2 Lakh: 230+ colleges INR 2-3 Lakh: 85+ colleges INR 3-5 Lakh: 65+ colleges More than INR 5 Lakh: 180+ colleges
Top Specialisations	Finance, Human Resources, Sales and Marketing, Operations, Business Analytics, etc.
Top Colleges	Symbiosis Institute of Business Management, IIM Mumbai, S.P. Jain Institute of Management and Research, NMIMS, Mumbai, IIM Nagpur, K J Somaiya Institute of Management, Prin. L. N. Welingkar Institute of Management Development, etc.
Accepted Entrance Exams	MAH CET, CAT, CMAT, MAT, MAT, XAT, etc.

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

Predict Your Chances Here: MBA 2025 Cutoff Predictor

Best MBA Colleges in Maharashtra: NIRF Ranking 2024

The ranks of the top MBA colleges in Maharashtra, for the years 2022-2024 are tabulated below.

College Names	NIRF 2022	NIRF 2023	NIRF 2024
Symbiosis Institute of Business Management Ranking	17	17	13
SPJIMR Ranking	21	20	20
NMIMS School of Business Management Ranking	25	21	21
IIM Nagpur Ranking	43	43	31
KJ Somaiya Institute of Management Ranking	71	45	63
Welingkar Institute of Management Ranking	68	73	84

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

Read More: MBA Courses

Best MBA Colleges in Maharashtra: Admissions 2025

The general eligibility criteria to get MBA admission to top colleges for MBA in Maharashtra are listed below:

• Candidates should have a bachelor's degree or equivalent qualification in any discipline from a recognised university or institution with a minimum of 50% aggregate.
• Many MBA colleges in Maharashtra consider scores from national-level entrance exams such as MAH CET, CAT, GMAT, XAT, CMAT, or MAT. Candidates are required to meet the minimum cutoff scores set by the respective colleges.

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

Best MBA Colleges in Maharashtra: Exam Schedule 2025

Some popular entrance exams through which students are admitted to the best MBA colleges in Maharashtra are given below.

Here are some details about the dates, schedules, and syllabus of the top MBA colleges in Maharashtra:

Exam Name	Exam Date	Exam Schedule	Exam Syllabus
MAH CET	April 2026 (Tentative)	MAH CET Schedule	MAH CET Syllabus
CAT	30 November 2025 (Tentative)	CAT Schedule	CAT Syllabus
MAT	August 2025 (Tentative)	MAT Schedule	MAT Syllabus
XAT	January 2026 (Tentative)	XAT Schedule	XAT Syllabus
CMAT	January 2026 (Tentative)	CMAT Schedule	CMAT Syllabus
ATMA	December, 2025	ATMA Schedule	ATMA Syllabus

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

Read More About Entrance Exam Accepting Colleges:

• Top MBA Colleges Accepting CAT
• Top MBA Colleges Accepting TANCET MBA
• Top MBA Colleges Accepting XAT
• Top MBA Colleges Accepting MAT

Entrance Exams Accepted by top MBA Colleges in Maharashtra

The number of MBA colleges in Maharashtra that accept students based on the scores of various entrance exams are listed in the table below. Students can also predict their colleges by clicking on the links provided below:

Entrance Exams	Number of Colleges	College Predictor
MAH CET	580+ colleges	MAH CET 2025 Predictor
CAT	420+ colleges	CAT 2025 Predictor
CMAT	400+ colleges	CMAT 2025 Predictor
MAT	390+ colleges	MAT 2025 Predictor
XAT	390+ colleges	XAT 2025 Predictor
ATMA	360+ colleges	ATMA 2025 Predictor

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

Preparing for CAT 2025?

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Are you preparing for CAT, CMAT, and MAT?

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• Free Online CMAT Mock Test Series
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Best Private MBA Colleges in Maharashtra: Admission, Fees, Eligibility and Exams

Some of the top private MBA colleges in Maharashtra are listed in the table below along with their average course fees, eligibility and list of accepted entrance exams.

College Name	Average Course Fees	Eligibility/ Exams
Symbiosis Institute of Business Management Admission	INR 17.2 Lakh - INR 24.2 Lakh	MAH CET, SNAP
S.P. Jain Institute of Management and Research Mumbai Admission	INR 14.5 Lakh - INR 24 Lakh	CAT, GMAT
NMIMS Mumbai Admission	INR 10 Lakh	MAH CET, NMAT
K J Somaiya Institute of Management Admission	INR 13.48 Lakh - INR 21.34 Lakh	MAT, CAT, CUET, XAT, ATMA, PERA CET
Prin. L. N. Welingkar Institute of Management Development and Research Admission	INR 94,400 - INR 14 Lakh	CAT, XAT, CMAT, ATMA

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

READ MORE: MBA Syllabus

Best Government MBA Colleges in Maharashtra: Admission, Fees, Eligibility and Exams

Some of the top government MBA colleges in Maharashtra are listed in the table below along with their average course fees, eligibility and list of accepted entrance exams.

College Name	Average Course Fees	Eligibility/ Exams
IIM Mumbai (formerly known as NITIE) Admission	INR 14 Lakh	CAT
IIM Nagpur Admission	INR 20 Lakh	CAT
Department of Management Sciences, Pune University Admission	INR 1.29 Lakh - INR 1.52 Lakh	MAH CET, MAT, CAT, XAT, CMAT, ATMA, GMAT
Shailesh J. Mehta School of Management IIT Bombay Admission	INR 2.69 Lakh - INR 20 Lakh	MAH CET, CAT, JEE Main, JEE Advanced
College of Engineering Pune Admission	INR 3.98 Lakh	MAH CET, MAT, CAT, XAT, ATMA

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

Best MBA Colleges in Pune: Admission and Fees

Some of the best MBA colleges in Pune are listed in the table below, along with their NIRF rank and average course fees.

College Name	NIRF Ranking (2025)	Average Course Fees
SIBM Pune	13	INR 16 Lakh - INR 22 Lakh
National Institute of Bank Management	91	INR 14 Lakh
Pune Institute of Business Management	101-125	INR 7 Lakh - INR 30 Lakh
National Insurance Academy	101-125	INR 9 Lakh

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

Best MBA Colleges in Nagpur: Admission and Fees

Some of the best MBA colleges in Nagpur are listed in the table below, along with their NIRF rank and average course fees.

College Name	NIRF Ranking (2025)	Average Course Fees
IIM Nagpur	31	INR 18 Lakh
IMT Nagpur	101-125	INR 14 Lakh
SIBM Nagpur	NA	INR 10 Lakh - INR 16 Lakh
Dr. Ambedkar Institute of Management Studies and Research	NA	INR 2 Lakh

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

To learn more about MBA colleges in different locations, click on the link below:

• Best MBA Colleges in Pune
• Best MBA Colleges in Mumbai
• Best MBA Colleges in Nagpur
• Best MBA Colleges in Nashik
• Best MBA Colleges in Ahmednagar
• Best MBA Colleges in Aurangabad
• Best MBA Colleges in Kolhapur
• Best MBA Colleges in Thane

Best Distance MBA Colleges in Maharashtra: Admission and Fees

Some of the best distance MBA colleges in Maharashtra are listed in the table below, along with their average course fees.

College Name	Average Course Fees
Symbiosis Centre for Distance Learning	INR 50,000
Institute of Distance and Open Learning, University of Mumbai	INR 19,000 - INR 1 Lakh
IIBMS	INR 41,000 - INR 51,000
Yashwantrao Chavan Maharashtra Open University	INR 33,000
MIT School of Distance Education, MAEER	INR 65,000 - INR 9 Lakh

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

Best Online MBA Colleges in Maharashtra

Some of the best online MBA colleges in Maharashtra are listed in the table below, along with their average course fees.

College Name	Average Course Fees
SPJIMR Mumbai	INR 10 Lakh
Welingkar Mumbai	INR 61,000 - INR 1 Lakh
Pune Institute of Business Management	INR 3 Lakh
National Insurance Academy- NIA	INR 11 Lakh
Amity University Online	INR 2 Lakh - INR 3 Lakh

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

Best MBA Colleges in Maharashtra: Fees VS Salary

Below is a comparison of the average fees and placement salaries of top MBA colleges in Maharashtra.

College Names	Average Course Fees	Average Salary Package
SPJIMR MBA	INR 15 Lakh – INR 24 Lakh	INR 22.8 LPA – INR 31 LPA
Shailesh J. Mehta School of Management IIT Bombay MBA	INR 2.69 Lakh - INR 20 Lakh	INR 26.64 LPA
SIBM Pune MBA	INR 17.2 Lakh - INR 24.2 Lakh	INR 25 LPA
BITS School of Management MBA	INR 24.5 Lakh	INR 23 LPA
Symbiosis Centre for Management & Human Resource Development MBA	INR 14.12 Lakh - INR 24.2 Lakh	INR 22.8 LPA

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

Best MBA Colleges in Maharashtra: Placements and Top Recruiters

Students can refer to the table below for some details about the average salary and top recruiting companies that hire students from the best Maharashtra MBA colleges.

College Name	Average Salary Package	Top 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.

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

Best Low-cost MBA Colleges in Maharashtra

College Name	Average Course Fees
Welingkar Mumbai	INR 94,000
Indira Institute of Management	INR 30,000
Abasaheb Garware Institute of Management Studies	INR 91,000
Punyashlok Ahilyadevi Holkar Solapur University	INR 88,000
Dr. Babasaheb Ambedkar Marathwada University	INR 20,000 - INR 90,000

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

Best MBA Colleges in Maharashtra: Top Specialisations

Some of the most popular specialisations that students can pursue at the top MBA colleges in Maharashtra are given in the table below, along with the number of colleges where it is offered.

Top Specialisations	Number of Colleges
Sales & Marketing	260+ colleges
Finance	270+ colleges
Human Resources	240+ colleges
Operations	170+ colleges
IT & Systems	120+ colleges
International Business	100+ colleges

Here is a comparison of the best MBA colleges in Maharashtra:

• NMIMS School of Business Management Comparison with other colleges
• SIBM Pune Comparison with other colleges
• IIM Mumbai (formerly known as NITIE) Comparison with other colleges
• SPJIMR Comparison with other colleges

Muskan Chugh07-30-2025 18:29