MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements

There are about 270+ MBA in Finance colleges in Maharashtra. Of these, 206 colleges are privately owned, 12 colleges are owned by public/government organisations, and public-private entities own 3 MBA colleges. CAT, CMAT, MAT, XAT, MAH CET, etc. are some of the most accepting entrance exams in top MBA in Finance colleges in Maharashtra. NMIMS Mumbai, SIBM Pune, SPJIMR, KJ Somaiya Institute of Management, IIM Nagpur, Welingkar Mumbai, National Institute of Bank Management, Pune Institute of Business Management, National Insurance Academy, Institute of Management and Entrepreneurship Development, etc. are some of the popular MBA colleges in Maharashtra for Finance.

SIBM Pune emerged as the No. 1 MBA in Finance college in Maharashtra followed by other colleges. Listed below are some colleges along with their NIRF rankings of past three years, i.e. from 2022 to 2024:

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:

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:

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:

SPJIMR offered the highest placement package ranging between INR 29 LPA – INR 32 LPA, while National Institute of Bank Management offered the lowest placement package of INR 11 LPA.

The table below shows the top MBA in Finance colleges in Maharashtra along with their placement package offered to their graduates:

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.

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.

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.

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.

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.

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:

Indian Institute of Management-Nagpur (IIM-Nagpur) offers scholarships to postgraduate, PhD, and other programmes to students. Indian Institute of Management-Nagpur (IIM-Nagpur) offers financial aid and assistance to students. The below-mentioned table reflects on the scholarships provided by IIM Nagpur:

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.

Listed below are some of the top MBA in Finance colleges in India with a fee range of INR 3-5 Lacs -

Source: Official site and may vary.

Lovely Professional University has a strong record of placements for courses like BTech, BBA, BCA, BArch, MBA, MCA, etc. Currently, the highest international package offered during LPU placements in 2025 was INR 2.5 crore per annum, whereas the highest domestic package offered stood at INR 1 crore per annum. The LPU average package offered to the top 25% students of the batch 2025 was INR 10.23 LPA. The key highlights of LPU placements for the Class of 2023, 2024 and 2025 are tabulated below:

The major highlights of IMT Ghaziabad PGDM placements 2025 are mentioned below:

Placement Scenerio in the Top MBA Finance colleges are very strong as Finance MBA is the most sought after specialisation in MBA. For example: IIMs, XLRI, ISB, SPJIMR offer packages ranging from INR 15 LPA to INR 50 LPA in finance roles. Common job roles include: Investment Banker, Financial Analyst, Risk Manager, Corporate Finance Manager, Portfolio Manager. 
Some colleges even provide international placement opportunities to the students. So, if you choose the right college and perform well, placement opportunities are excellent after MBA in Finance.

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. 

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.

Yes, one can say that the MBA/PGDM at NIBM Pune is worth an investment for those who wish to make their career in banking and finance.

The institute has great placements for graduates with packages of INR 15 LPA on average. Students will also find a great faculty team with an industry focused curriculum.

IMED Pune offers MBA course is a full-time mode. The total fee for this course is INR 5 lakh. Other than this, candidates may also have to pay for Hostel charges of INR 2.41 lakh. However, this fee is sourced from official website/ sanctioning body and is subject to change. Candidates can visit the official website to know more about IMED Pune MAB fee.

SBM NIMIMS offers good placements to its students. The sector-wise PPOs Distribution and On-Campus placement distribution recorded during MBA Core and MBA HR placements 2024 are presented below:

Yes, MBA is available at SCMHRD. This course is spread across four semesters. Aspirants who have passed a bachelor's degree in a relevant discipline with at least 50% aggregate can apply for the course. Other than the general MBA, the institute also offers the following MBA courses:

• MBA in Business Analytics
• MBA in Infrastructure Development and Management

Both SIIB Pune and SCMHRD Pune offer MBA programs with different specializations. In terms of ranking and brand value, SIBM Pune is better than SCMHRD Pune. SIBM Pune is ranked 7th and SCMHRD Pune is ranked 8th for MBA by India Today 2021. However, the choice between the two should be based on the course one is planning to pursue. If one is planning to pursue MBA Business Analytics, MBA HR, or MBA Infrastructure Management, then SCMHRD is a better option. For Marketing specialization, both of these two are decent options. SIBM Pune offers MBA at postgraduate level in four specializations including MBA, Executive MBA, and MDP programs whereas SCMHRD offers postgraduate programs in MBA with specializations as MBA (Business Analytics), MBA (Infrastructure Development & Management), and MBA (Executive).

ITM Navi Mumbai is a part of the ITM Group of Institutions and was established in 1991. ITM Business School offers the AIU and UGC-approved MBA programmes from ITM Skills University. To get admission to this approved college, candidates must have valid scores in entrance tests such as  MAT, XAT, CAT, NMAT, CMAT, ATMA, and others. If applying through CAT, candidates must prepare according to the CAT syllabus and must give as many mock tests as possible. 

ISB&M, Pune is good for PGDM and gives a 2 year course for PGDM. The college also has good placement record. ISB&M, Pune also provides specialisations in fields like Marketing, Finanace, HR etc. and is one of the top institutes for the course. 

N. L. Dalmia offers two-year PGDM course equivalent to MBA course. The full-time PGDM course comprises six semesters (three semesters per year). PGDM at N. L. Dalmia is available scross various specialisations, namely Finance, Marketing, Human Resources and Business Analytics.These are approved by All India Council for Technical Education (AICTE), Ministry of HRD, Govt. of India. Admission to PGDM course is entrance-based. The Institute accepts national or state-level entrance exams such as CAT, XAT, GMAT, CMAT, MH-CET, MAT, ATMA for providing admission to PGDM course. Scholarships are provided to academically exceptional and meritorious students at N. L. Dalmia.  

According to the comparison of B-Schools, these both colleges are good in their prospectus.

SSBF Pune - In 2023, the highest salary package offerrd was 19.59 LPA and average package offered was 10.56 LPA.

SIBM Hyderabad - In 2023, the highest package offered was 15 LPA and average package offered was 8.90 LPA.