Best MBA Colleges in Nanded - 2026 Admissions, Fees, Placements

Listed below are some of the colleges along with their NIRF ranking of past three years from 2022 to 2024:

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

Hope this answers your query!!

There are about 800+ best MBA colleges in Maharashtra. Among these, 500+ colleges are privately owned, 31 colleges are owned by public/government organisations and public-private entities own 20+ MBA colleges. CAT, CMAT, MAH CET, MAT, XAT, and ATMA are the most common entrance exams in top MBA colleges in Maharashtra. NMIMS School of Business Management, Symbiosis Institute of Business Management, National Institute of Industrial Engineering, S.P. Jain Institute of Management and Research, K J Somaiya Institute of Management, etc., are the most popular.

The following is a list of general requirements for admission to the best MBA programs in Maharashtra:

• A bachelor's degree or its equivalent from an accredited university or other institution in any discipline is required of candidates, with a minimum cumulative GPA of 50%.
• Maharashtra has a large number of MBA schools that take into account the results of national entrance tests like the MAT, CAT, GMAT, XAT, CMAT, or MAH CET. It is necessary for candidates to achieve the minimum cutoff scores that each college has established.

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!!

MAH MBA CET preparation can be done in two ways – 1. Join a coaching institute 2. Prepare by self study. If you choose the former, you will get complete guidance from the teachers and mentors, but if you choose the later, you will have to be your own guide. Self study will require a lot more discipline and dedication. Take simple yet impactful steps. First of all, check the exam syllabus and see how much time you will require to cover the topics. If you are already familiar with the topics included in the MAH MBA CET syllabus, you will be able to have an estimation of the time required.

Ideally, you should start MAH MBA CET preparation about nine months in advance. That will give you an ample time to understand and master the topics included in the syllabus through theory and practice questions. Join online study groups for problem solving and doubt clearing. Staying in contact with peers will keep you motivated for preparation.

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. 

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. 

Joining the top MBA in Finance colleges in Maharashtra can be worthwhile for you. For that, you need to check its ROI. Listed below are some colleges along with their tuition fees and average placement package:

College Names	Total Tuition Fee	Annual Average Package
SIBM Pune MBA	INR 24 lakh	INR 24 LPA
SPJIMR	INR 15 lakh – INR 24 lakh	INR 29 LPA – INR 32 LPA
IIM Nagpur MBA	INR 19 lakh	INR 17 LPA
Welingkar Mumbai MBA	INR 14 lakh	INR 9 LPA
National Institute of Bank Management MBA	INR 14 lakh	INR 11 LPA

It is estimated that joining the top MBA in Finance colleges in Maharashtra might be expensive as most have tuition fees of more than INR 5 lakh. However, there are some affordable colleges having tuition fees of less than INR 1 lakh which are mentioned below:

Low-cost Colleges	Tuition Fee
IndSearch Institute of Management Studies and Research, Law College Road Campus	INR 40,000
Dhole Patil College of Engineering	INR 61,000
Shri Shivaji Maratha Society’s Institute of Management & Research	INR 70,000
Punyashlok Ahilyadevi Holkar Solapur University	INR 88,000
Unique Institute of Management (UIM, Pune)	INR 70,000

In the final year of graduation, preparation for an MBA begins. The majority of management aspirants begin their preparation as soon as they begin their third year of their bachelor's degree programme because it takes months to properly prepare for MBA entrance exams. However, there are a lot of challenges in preparing for an MBA entrance exam, including the lengthy syllabus, the difficulty of the questions, and the degree of competition. 

Here are some suggestions to help you study for your MBA entrance exams:

• Study the fundamental grammatical and writing principles for the verbal segment to become familiar with the language's structure.
• To hone their quantitative abilities, students should complete a lot of practice exams and sample papers.
  Create a schedule and follow it
• Students should not overstress themselves and should get enough rest.

The following is a list of the general requirements for admission to the top universities in Maharashtra for MBA programs in finance:

• A bachelor's degree or an equivalent credential in any field from an accredited college or institution is required of candidates, with a minimum cumulative GPA of 50%.
• Maharashtra has a large number of finance colleges that take into account the results of national admission exams such the MAH CET, MAT, XAT, CAT, CMAT, etc. It is necessary for candidates to achieve the minimum cutoff scores that each college has established.

To study the syllabus for MAH CET MBA/MMS, candidates must choose the right reference books. Although the CAT preparation books are common study material for all MBA entrance exams in India including MAH CET, candidates must refer to exam specific books to know the nuances of the exam. Books for MAH MBA CET are available in the market and they include sample questions of various difficult levels for practice. Candidates planning to appear for MAH MBA CET must refer to the books specific to the exam. Given below is the list of best books for MAH CET MBA preparation:

Book Name	Authors/Publishers Name
MAH CET (MBA/ MMS) Entrance Guide	Odisha Publications
50+ Solve Papers	Arihant
Mathematics for MBA Entrance Exams	RS Agarwal
Verbal Ability and Reading Comprehension	TIME
Maharashtra MBA CET	Arihant Publications

It is possible to pursue an MBA without taking any entrance exam. Some direct admission eligibility criteria to help you be accepted into MBA programs.

• Score at least 50%-65% aggregate in graduation.
• For the reserved category, there is relaxation.

The overall seats available across all courses offered by Matoshri Pratishthan Group of Institutions is up to 486. Good thing to know is that Matoshri Pratishthan Group of Institutions has courses which are approved by prominent Government bodies like AICTE.

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

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

 

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

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. 

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

The institute has not released the placement percentage. However, the other important statistics are out. Over 110 companies visited the campus for hiring the MBA batch 2024-26. This year 52 new recruiters took participation in the recruitment process. Further, the highest package offered was INR 74.84 LPA. Check the complete insights of SIBM Pune placements 2026 from the table below:

Particulars	Placement Statistics (2026)
the highest Package	INR 74.84 LPA
Average Package	INR 28.18LPA
Median Package	INR 27 LPA
PPO's offered	132
Companies visited	110

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.

The placement rate recorded during SJMSOM IIT Bombay MBA placements 2023 was 100%. Students get a good salary package after completing MBA from a reputed institute like SJMSOM. The highest package and average package offered during SJMSOM IIT Bombay MBA placements 2023 stood at INR 54 LPA and INR 28.88 LPA, respectively. The top recruiters of SJMSOM IIT Bombay in 2023 included leading companies such as GEP, HUL, Google, Accenture, Cargill, etc. 

Getting admission into SP Jain PGDM programme requires candidates to follow some steps.

• The first step is to register for the PGDM programme by paying an application fee of INR 2,000.
• Second step is evaluation of entrance exam score. Candidates need to qualify CAT/ GMAT for admission to PGDM. Selected candidates are further called for a personal interview round. Candidates can check out CAT preparation tips to score well in exam. 
• The final selection is based on academic performance, work experience, entrance exam score of the candidates.

Aspirants completing all the steps can get into PGDM programme of SPJIMR. The institute follows a simple process of offering admission. However, aspirants must score decent to get admission.

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:

Particulars	MBA Core Placement Statistics (2024)
Highest package	INR 67.70 LPA
Average package	INR 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 recruiters	68
Total recruiters	168
New recruiters	72

Candidates need the following documents while filling the CAT application form:

• A recent passport size photo (color against white background)
• Scanned signature with black pen on white paper
• Any photo ID card like PAN card, Aadhaar Card, Voter ID, Passport 
• Class 10 marksheet 
• Class 12 marksheet 
• Graduation marksheet 
• Permanent address proof 
• Work experience documents Reserved category students need to upload Category Certificate along with the CAT application form. The Certificate is available on the CAT website. Candidates can download, fill it, get it attested by competent authority and upload it as PDF with the CAT application form. 
• The PwD category students also have to fill the PwD form and Scribe affidavit along with the exam application form. This is necessary for getting scribe facility and PwD facility at the test centre. The CAT application form is same for students from all categories. Those belonging to a particular category (SC/ST/PwD) will be required to mention it in the relevant field of the CAT form.