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 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:   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:   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:   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 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:   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:   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:   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. 

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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:   Can I take direct admission at NMIMS Mumbai MBA course?
A: 

To get admission in a two-year MBA at NMIMS Mumbai, candidates need to meet the eligibility criteria. Candidates with a UG degree passed with minimum 50% to 55% aggregate can apply. Admission to MBA is based on a valid score of NMAT entrance exam. For final selection, performance in competency test and PI is considered.

Q:   What is the seat intake for MBA course at IIM Nagpur?
A: 

The total number of seats allocated to the MBA course at IIM Nagpur is 280. To get a seat in this programme, applicants must have a bachelor's degree with a minimum of 50% aggregate (5% relaxation for reserved category candidates) in any discipline from a recognised university. Further, the selection process is based on CAT, Written Ability Test (WAT), Group Discussion & Personal Interview, Academic Merit, Gender Diversity & Work Experience.

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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:   How can I get into MBA at Welingkar Mumbai?
A: 

Candidates must complete all the eligibility requirements stated by the institute to get admission in PGDM at Welingkar Mumbai. Check below the eligibility criteria:

  • Graduation with a minimum aggregate of 50%
  • CAT/ XAT/ GMAT/ MAT/ ATMA scores
  • WeSchool's unique profile-based selection process assigns significant value to academic performances, work experience, group discussion, personal interview, along with the written test scores. 
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Q:   Is MBA available in Balaji Institute of Modern Management?
A: 

Yes,  MBA is available at Balaji Institute of Modern Management. Moreover, the degree is awarded by Sri Balaji University. Students willing to take admission can check out the highlights below:

  • Duration: Two years.
  • Eligibility: UG degree with at least 50% marks.
  • Selection: Entrance Test Score + Academic Record+ GD + PI.
  • Fees: INR 11.9 lakh.

Note: The above information is taken from official sources. However, it is subject to change.

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 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 many seats are available for an MBA at Institute of Management Technology Nagpur?
A: 

IMT NAGPUR has a full-time 2 yrs Post Graduate Diploma in Management (PGDM) residential programme equivalent to MBA in various specialisations like Marketing, IT Management, Operations Management, Business Analytics, HR & OB, Economics and Finance. The total no. of seats at IMT Nagpur is 180 for the PGDM programme.  In order to be eligible for PGDM admission at IMT Nagpur, one should have a valid scorecard in any one of the following national-level management entrance tests like CAT / XAT / GMAT / CMAT.

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