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 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:

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.

The minimum eligibility requirement for PGDM is graduation. Aspirants must hold the documents proving their eligibility for verification at later stages of admission. Below is detailed eligibility for SPJIMR PGDM programme:

• Candidates need to complete graduation with at least 50% aggregate for both PGDM courses.
• Final year graduation students can also apply.

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:

The total tuition fee for NMIMS School of Business Management MBA ranges between INR 16 lakh and INR 27 lakh. Check below fee for some of the MBA specialisations:

Candidates with a minimum of 95% or above in CAT can apply for IIM Nagpur Merit Scholarship. For candidates with a family income of less than INR 5 lakh, IIM Nagpur Need-cum-Merit Scholarship is available. Indian Institute of Management–Nagpur (IIM–Nagpur) also awards scholarships to students offered by corporates and private organisations. If the students find the fee a little high, they can apply for the scholarships offered by IIM Nagpur.

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 package offered during LPU placements in 2025 was INR 49.4 LPA. 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:

An MBA in Finance uses a lot of math, statistics and economics.

If you want a career in this field you should get good at math and data analysis and also learn how to use analytical software. 

For your college degree right now, BA Economics Honors is a good choice but studying BSc Statistics will give an even bigger boost to your career.

Yes, you can apply for an MBA course at KJSIM without CAT scores. The institute accept other exam scores as well for admission. Candidates with a valid score of XAT/GMAT/NMAT/CMAT are also eligible to apply. Apart from this, aspirants must have a valid bachelor's degree from a recognised university to be eligible for course admission. The final selection is done based on shortlisted candidates performance in the group discussion and personal interview rounds.

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.

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.

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.

The NIBM Pune PGDM offers emerging electives such as Big Data & Machine Learning in Banking, Cyber Security, Credit Scorecard Development with Python, and Digital Banking. These electives help students gain industry-relevant specialised skills.

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

Yes, SIIB Pune is highly reputable for MBA IB. SIIB MBA IB provides intense international business training, alumni connections of over 5,000 global professionals, specialised certifications (like SAP and Six Sigma), and 100% placement records.

Candidates seeking admission to MBA at Symbiosis Institute of Digital and Telecom Management Symbiosis International need to apply for the SNAP exam. MBA applicants must fill out the application form for SNAP through the official websites of Symbiosis National Aptitude Test (SNAP). The Application fee for this years has been increased to INR 1,000. For detailed step by step process for SNAP registration refer to the SNAP Shiksha page.

MBA is the flagship course of NL Dalmia. NL Dalmia MBA course has find a place in Times and Business Today 2023 rankings. Check below the rankings for the MBA course:

Yes, ISB&M provides multiple scholarships to meritorious students based on their performance in CAT and other management entrance exams. 

• Score 80 percentile and above in CAT or XAT
• Score 85% and above in Class 10
• Score 85% and above in Class 12
• Achieve a CGPA of 70% and above in Graduation or equivalent
• Achieve a CGPA of 5 and above in the 1st Trimester of the PGDM program

SIES School of Business Studies PGDM programme offers specialisations in Marketing, Finance, Human Resources, Operations, Business Analytics, Pharmaceutical Management, and Biotechnology Management. Students can choose these as per their career choice.