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

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

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On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
Q:   How many MBA in Finance colleges are there in Maharashtra?
A: 

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 MaharashtraNMIMS 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.

Q:   Which is the No. 1 MBA in Finance college in Maharashtra?
A: 

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:

College Names

NIRF 2022

NIRF 2023

NIRF 2024

Symbiosis Institute of Business Management

17

17

13

S. P. Jain Institute of Management & Research

21

20

20

NMIMS School of Business Management Mumbai

25

21

21

Indian Institute of Management, Nagpur

43

43

31

K.J.Somaiya Institute of Management

71

45

63
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:   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:   Does SIBM Pune have 100% placement?
A: 

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

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On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
Q:   What are the best MBA in Finance colleges in Maharashtra with good placements?
A: 

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:

College Names

Annual Average Package

Top Recruiters

SIBM Pune Placements

INR 24 LPA

Fullerton, Kroll, Luminous, Aditya Birla Capital, EY, PwC, etc.

SPJIMR Placements

INR 29 LPA – INR 32 LPA

Asian Paints, Godrej, HUL, Nestle, Castrol, etc.

IIM Nagpur Placements

INR 17 LPA

Adani Group, TATA ELXSI, Nucleus Software, etc.

Welingkar Mumbai Placements

INR 9 LPA

Adani Group, Airtel, Amazon, Deloitte, Morgan Stanley, etc. 

National Institute of Bank Management Placements

INR 11 LPA

HDFC, Yes, PwC, EY, Tata Capital, etc.
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:   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:   What is the eligibility criteria for PGDM course at SP Jain?
A: 

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.
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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:   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 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:   Does IIM Nagpur offer scholarships to students?
A: 

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:

IIM Nagpur Scholarships
Rajarshi Shahu Maharaj Merit Scholarship to SC students – MaharashtraChief Minister Fellowship Yojana (CMFY) – Jharkhand

IIM Nagpur Need-cum-Merit Scholarship

IIM Nagpur Merit Scholarship-

-

 

Q:   Is there any scholarship offered by KJSIM?
A: 

K J Somaiya Institute of Management (KJSIM) Financial Aid is awarded for the entire duration of the programme. Below is the list of scholarships eligibility categories by K J Somaiya Institute of Management (KJSIM):

  1. Family income of less than INR 8 Lacs per annum.
  2. People with Disabilities (PwD)
  3. Wards of defense personnel disabled or deceased in the line of duty.

Note: To become eligible for the scholarship. Candidate must fall under any one of the above-mentioned criteria.

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Q:   What are the top MBA in Finance colleges in India with fee range of INR 3-5 lakh?
A: 

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

Top CollegesTuition Fee
Delhi School of Management, DTUINR 3.12 lakh
SIMTS ChennaiINR 3 lakh
Guru Gobind Singh Indraprastha UniversityINR 3.7 lakh
NIT Calicut - National Institute of TechnologyINR 3 lakh
SoM, Pandit Deendayal Energy University (PDEU)INR 3.2 lakh

Source: Official site and may vary.

Q:   Does LPU have 100% placements?
A: 

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:

Particulars

Placement Statistics (2023)

Placement Statistics (2024)

Placement Statistics (2025)

Highest package

INR 54.75 LPA

INR 53 LPA

INR 250 LPA (International)

INR 100 LPA (Domestic)

Average package

INR 7 LPA (MBA, BTech CSE)

INR 7.80 (MBA)

INR 7.92 LPA (BTech CSE)

INR 10.23 LPA (top 25%)

Total recruiters

1,107

1,611

2,225+

Total offers

5,500+

7,443

6,000+

Q:   What is the actual placement scenario at IMT Ghaziabad?
A: 

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

Particulars

PGDM Placement Statistics 2026

Highest package

INR 35 LPA

Average package

INR 18.89 LPA

Median package

INR 17.56 LPA

Total recruiters

110

Q:   Does the University of York offers scholarship to international students?
A: 

The University of York offers various scholarships to international students to manage their studies. Students get the University of York scholarships based on their achievements. We have mentioned below the name of few scholarships for students:

Scholarships

Funding

International Achievement Scholarship

INR 10.6 L

Dean's Global Excellence Scholarship

Full tuition fee discount for the first year followed by INR 10.6 L tuition fee discount for the second and third year.

International Regional Scholarship

up to INR 8 L (first year of study only)

International students can also apply for the following competitive scholarships:

  • Commonwealth Scholarships
  • Commonwealth Split-site Scholarships
  • Charles Wallace India Trust Scholarships
  • Department of Social Justice & Empowerment National Overseas Scholarship
  • J N Tata Endowment Loan Scholarships
Q:   Can we join MBA at Welingkar Mumbai directly?
A: 

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. 

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Q:   What is the ranking of NIT Nagpur PGDM course?
A: 

NIT Nagpur is a good college for management programme, especially for financial management or marketing management. Some top recruiting companies that visit IMT Nagpur include Wipro, Deloitte, and Bajaj.

Publisher20242025
NIRF3199
Q:   What is the fee for MBA at Bharati Vidyapeeth Institute of Management and Entrepreneurship Development?
A: 

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.

Q:   How can I apply for NIBM Pune PGDM admissions?
A: 

Try to apply online by filling out application form before deadline and paying application fee. A valid CAT/GMAT score is also must for initial shortlisting in NIBM Pune PGDM.

Q:   Does SBM NMIMS provide 100% placement for MBA course?
A: 

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 2026 are presented below:

MBA CorePercentage of offersPPO'sOn Campus
Banking, Financial Services,
and Insurance
38%25%75%

Startup, Logistics &

E-commerce

6%29%71%

IT/Analytics, Pharmaceuticals,

media & telecom, Real Estate

20%8%92%

Conglomerate, Manufacturing,

power, oil & gas, Aviation

13%38%62%

FMCG, FMCD &
Retail

12%46%54%

Consulting

11%34%66%
MBA HRPercentage of offersPPO'sOn Campus
Banking, Financial Services,
and Insurance
37%21%79%

Startup, Logistics &

E-commerce

8%-100%

IT/Analytics, Pharmaceuticals,

media & telecom, Real Estate

6%-100%

Conglomerate, Manufacturing,

power, oil & gas, Aviation

34%23%77%

FMCG, FMCD &
Retail

6%50%50%

Consulting

9%17%83%
Q:   Does SCMHRD refund fees if a student wishes to cancel the admission?
A: 

Yes, at SCMHRD, students who wish to withdraw their admission are provided a refund. However, the refund is subject to the fulfilment of certain conditions. Listed below are the guidelines to be followed as per the fee refund policy of the institute:

Particulars

Deduction

Refund

Cancellation of admission up to 30 Sep

No deduction of fees

100% refund of academic fees and refundable deposits*

Cancellation of admission from 1 Oct to 31 Oct

INR 1,000 for Processing Charges

Refund of academic and refundable deposits after deduction of INR 1,000

Cancellation of admission from 1 Nov

100% deduction as per UGC Notification issued in Oct 2018

No refund of academic fees; only refundable deposits will be paid.

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Q:   Is SIIB Pune good for MBA International Business?
A: 

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.

Q:   How can I apply for MBA at SIDTM Pune?
A: 

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.

Q:   Does NL Dalmia offer MBA or PGDM?
A: 

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.  

Q:   How is ISB&M, Pune for PGDM?
A: 

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. 

Q:   What specialisations are offered in the SIES School of Business Studies PGDM programme?
A: 

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.

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