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

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On Best MBA Colleges in Nanded - 2026 Admissions, Fees, Placements
Q:   Which is the No. 1 MBA college in Maharashtra as per NIRF 2024?
A: 

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!!

Q:   How many colleges for MBA in Maharashtra?
A: 

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 MaharashtraNMIMS 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.

Q:   What is the eligibility criteria to get admission to top MBA colleges in Maharashtra?
A: 

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.
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:   How can I prepare for MAH MBA CET?
A: 

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.

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On Best MBA Colleges in Nanded - 2026 Admissions, Fees, Placements
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 worth doing an MBA in Finance from Maharashtra?
A: 

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

Q:   What are the affordable colleges in Mumbai that offer MBA in Finance?
A: 

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 CollegesTuition Fee
IndSearch Institute of Management Studies and Research, Law College Road CampusINR 40,000
Dhole Patil College of EngineeringINR 61,000
Shri Shivaji Maratha Society’s Institute of Management & ResearchINR 70,000
Punyashlok Ahilyadevi Holkar Solapur UniversityINR 88,000
Unique Institute of Management (UIM, Pune)INR 70,000
Q:   When should I start preparing for MBA entrance exam?
A: 

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.
Q:   How is the faculty at Matoshri Pratishthan Group of Institutions?
A: 
Matoshri Pratishthan Group of Institutions has been rated 3.3 for faculty as per reviews by students. This shows that Institute has qualified and experienced faculty members.
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On Best MBA Colleges in Nanded - 2026 Admissions, Fees, Placements
Q:   What is the eligibility criteria to get admission to top MBA in Finance colleges in Maharashtra?
A: 

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.
Q:   Which are the best books for MAH MBA CET?
A: 

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

Q:   Can I do MBA without giving any entrance exam?
A: 

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.
Q:   Which are the top 10 MBA colleges in Maharashtra for doing MBA in finance?
A: 

Pune Institute of Business Management has the highest total tuition fee ranging INR 8 Lacs – INR 30 lakh, while Punyashlok Ahilyadevi Holkar Solapur University has the lowest total tuition fee of INR 88,000.

The table below shows the top 10 MBA in Finance colleges in Maharashtra along with their total tuition fee.

Private Colleges

Total Tuition Fee

NMIMS School of Business Management, Mumbai Admission

INR 12 lakh

Symbiosis Institute of Business Management Admission

INR 22 lakh

SPJIMR Admission

INR 20 Lacs – INR 22 lakh

Welingkar Mumbai Admission

INR 14 lakh

Pune Institute of Business Management Admission

INR 8 Lacs – INR 30 lakh

IIM Nagpur Admission

INR 19 lakh

Shailesh J. Mehta School of Management, IIT Bombay Admission

INR 20 lakh

SPJIMR0 Institute Limited, Mumbai Admission

INR 4 Lacs – INR 7 lakh

Punyashlok Ahilyadevi Holkar Solapur University Admission

INR 88,000

Department of Management Sciences, Pune University Admission

INR 1 lakh

Q:   What is the scope of MBA?
A: 

The scope of MBA course is increasing day by day. MBA is one of the big job oriented professional programme and the most one which has been sought by the students. Once you have completed your degree, you have a great job opportunity in the industrial world. You may the manager or executive in term of designation.

The management term is most suited to the managers and that's why it is the way, where you can reach on the top of the height as soon as possible by using your leadership and working proficiency. An MBA professional always plays a vital role in his/her company and this is why he used to keep in touch with the board of directors. No need to specify the companies who recruit the MBA professionals. All sectors including government and public have various industries, companies, institutions or related organizations, come in the job prospective fields for an MBA professional.

Some job profiles are listed here:

  • Brand Manager
  • Account Manager
  • International Business Manager
  • Marketing Executive
  • Business Technical Consultant

All the best.

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On Best MBA Colleges in Nanded - 2026 Admissions, Fees, Placements
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:   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 SIBM Pune have 100% placement?
A: 

The institute has not released the placement percentage. However, the other important statistics are out. Over 99 companies visited the campus for hiring the MBA batch 2022-24. This year 55 new recruiters took participation in the recruitment process. Further, the highest package offered was INR 49 LPA. Check the complete insights of SIBM Pune placements 2023 from the table below:

Particulars

Placement Statistics (2023)

Highest packageINR 49 LPA
Average packageINR 28.16 LPA
Median packageINR 25 LPA
Top 10% average packageINR 37.53 LPA
Top 25% average packageINR 35.14 LPA
Top 50% average packageINR 31.63 LPA
Total recruiters99+
New recruiters55
Top sectorBFSI
PPOs96
Q:   Which courses are offered at IIM Mumbai?
A: 

IIM Mumbai offers various courses, namely Post Graduate Diploma in Industrial Engineering (PGDIE), Post Graduate Diploma in Industrial Management (PGDIM) and Post Graduate Diploma in Sustainability Management (PGDSM), Post-Graduate Program for Executives for Visionary Leadership for Manufacturing (PGPEX-VLFM) and Fellow programme. Apart from this, the institute also offers certificate and global certificate programmes to its students.

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On Best MBA Colleges in Nanded - 2026 Admissions, Fees, Placements
Q:   Is CAT necessary for MBA Admission at UniPune?
A: 
Yes, for Pune University MBA Admission a valid CAT/ MAH CET/ CMAT score is compulsory along with the set minimum eligibility criteria. To be eligible, candidates must have completed an undergraduate degree with at least 50% aggregate (45% aggregate for reserved category candidates). For more information on other MBA accepting exams for SPPU and its affiliated colleges, students are advised to visit the official website of the university or the respective affiliated college.
Q:   What is the salary of MBA in IIT Bombay SJMSOM?
A: 

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. 

Q:   Is it difficult to get admission in SP Jain Institute of Management for PGDM course?
A: 

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.

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

To get admission to a two-year MBA course at NMIMS Mumbai, candidates must fulfil the minimum eligibility criteria in the first place to apply for the course. The minimum eligibility is to pass graudation with minimum 50% aggregate. As per the admission process, admission to MBA courses are offered through a valid score of NMAT entrance exam, which is conducted by the NMIMS. Moreover, a group discussion and a PI round is conducted for the final selection for candidates. 

Q:   Which are the top companies that take part in the placement drive at IIM, Nagpur?
A: 

Indian Institute of Management-Nagpur (IIM-Nagpur) offers placement assistance to students. The top companies taking part in the placeement drive at Indian Institute of Management-Nagpur (IIM-Nagpur) are Cognizant, Microsoft, KPMG, and others. Hence the placements at IIM, Nagpur are good. Students can get their dream job offers and hence can expect a great career ahead.

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