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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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:   How much does NMIMS Mumbai MBA cost?
A: 

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:

Course NameTotal Tuition Fee
Business AnalyticsINR 23 lakh
Human ResourcesINR 25.5 lakh

Pharmaceutical Management

INR 18 lakh
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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:   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:   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:   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 PIBM Pune good for placements?
A: 

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. 

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:   How much is the application fee at IMT Nagpur?
A: 

IMT Nagpur application fee is Rs. 3,500. Students need to pay the application fee after filling out the form. The fee is accepted online via credit card / debit card / net banking. After the payment, the IMT Nagpur application will be submitted.

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