MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
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.
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.
- MBA in Finance Colleges in Maharashtra: Highlights 2024
- MBA in Finance Colleges in Maharashtra with NIRF Ranking 2024
- MBA in Finance Colleges in Maharashtra: Admissions 2024
- MBA in Finance Colleges in Maharashtra: Exam Schedule 2024-25
- 4.1 What are the entrance exams accepted by Best MBA in Finance Colleges in Maharashtra?
- Private MBA in Finance Colleges in Maharashtra
- Govt. MBA in Finance Colleges in Maharashtra
- Region-wise MBA in Finance Colleges in Maharashtra
- 7.1 MBA in Finance Colleges in Pune
- 7.2 MBA in Finance Colleges in Mumbai
- 7.3 MBA in Finance Colleges in Nagpur
- MBA in Finance Colleges in Maharashtra: Fees Vs Salary
- Highest Salary Offered by MBA in Finance Colleges in Maharashtra
- Low-cost MBA in Finance Colleges in Maharashtra
- MBA in Finance Colleges in Maharashtra: Comparison
MBA in Finance Colleges in Maharashtra: Highlights 2024
MBA in Finance is becoming one of the most popular management degrees nowadays. MBA in Finance is a two-year postgraduate programme that offers vast career opportunities after course completion. MBA in Finance is offered by all top MBA institutes in India either as a specialisation or elective course in the second year of the degree programme. MBA in Finance requires a strong background in Mathematics and Accounting. Further, to be eligible for the MBA in Finance admission, candidates must make sure to have a minimum of 50 per cent aggregate or equivalent CGPA in a bachelor's degree from a recognised university.
The key highlights related to the best colleges for MBA in Finance in Maharashtra are mentioned below:
| Parameters |
Particulars/Statistics |
|---|---|
| Number of MBA Colleges |
270+ |
| Annual Fees |
INR INR 1-2 lakh: 76 colleges INR 2-3 lakh: 33 colleges INR 3-5 lakh: 37 colleges INR > 5 lakh: 96 colleges |
| Top Specialisations |
|
| Accepted Entrance Exams |
Predict your chances here: MBA Cutoff 2024 Predictor
MBA in Finance Colleges in Maharashtra with NIRF Ranking 2024
National Institutional Ranking Framework is a ranking methodology adopted by the Ministry of Education, Government of India, to rank institutions of higher education in India. The framework was approved by the erstwhile Ministry of Human Resource Development and launched by the Minister on 29 September 2015.
The table below shows the MBA Finance colleges in Maharashtra along with NIRF rankings for past three years, i.e. from 2022 to 2024:
| College Names |
NIRF 2022 |
NIRF 2023 |
NIRF 2024 |
|---|---|---|---|
| 17 |
17 |
13 | |
| 21 |
20 |
20 | |
| 25 |
21 |
21 | |
| 43 |
43 |
31 | |
| 71 |
45 |
63 |
READ MORE: MBA Courses
MBA in Finance Colleges in Maharashtra: Admissions 2024
The general eligibility criteria to get MBA admission in best colleges for MBA in Finance in Maharashtra are listed below:
- Candidates should have a bachelor's degree or an equivalent qualification in any discipline from a recognised university or institution with a minimum of 50% aggregate.
- Many Finance colleges in Maharashtra consider scores from national-level entrance exams such as MAH CET, MAT, XAT, CAT, CMAT, etc. Candidates are required to meet the minimum cutoff scores set by the respective colleges.
Are you preparing for CAT, CMAT and MAT?
- Free Online CAT Mock Test Series
- Download CAT Previous Years Question Papers
- Free Online CMAT Mock Test Series
- Free Online MAT Mock Test Series
MBA in Finance Colleges in Maharashtra: Exam Schedule 2024-25
The two most popular entrance exams accepted in top best colleges for MBA in Finance in Maharashtra are:
- MAH CET: Maharashtra Common Entrance Test or MAH CET is a management entrance test. Officially known as MAH MBA/MMS-CET, the exam is conducted by the State Common Entrance Test Cell, Maharashtra, for admission to management courses in various institutes in the state of Maharashtra.
- XAT: XAT (Xavier Aptitude Test) is a national-level management entrance examination conducted by XLRI, Jamshedpur for admission to MBA/PGDM programmes. XAT preparation needs at least six to nine months. Being one of the tougher MBA entrance exams among its peers, XAT requires dedicated time and effort.
- CAT: Common Admission Test (CAT) is a national-level management aptitude test for admission to the MBAcourses offered by 20 IIMs and over 1,200 B-schools in India. CAT question paper is divided into three sections: Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning and Quantitative Aptitude.
Listed below are the following admission dates for MBA Finance colleges in Maharashtra:
| Exam Name |
Dates |
Schedule |
|---|---|---|
| MAH MBA CET 2024 Exam | closed for 2024 |
|
| CAT 2024 Exam |
24 Nov '24 |
|
| XAT 2025 Exam |
5 Jan '25 |
What are the entrance exams accepted by Best MBA in Finance Colleges in Maharashtra?
Listed below are the various entrance exams accepted by best Finance MBA colleges in Maharashtra along with their number of colleges and cut off predictor:
| Exams |
Number of Colleges |
Cutoff Predictor |
|---|---|---|
| CAT |
203 |
|
| CMAT |
189 |
|
| MAT |
182 |
|
| XAT |
182 |
|
| MAH CET |
221 |
|
| ATMA |
160 |
READ MORE: MBA in Finance Course Syllabus 2024
Read more about CAT, XAT, and MAT accepting colleges:
Private MBA in Finance Colleges in Maharashtra
The table below shows the private top MBA Finance colleges in Maharashtra along with their total tuition fee:
| Private Colleges |
Total Tuition Fee |
|---|---|
| INR 25 lakh |
|
| INR 24 lakh |
|
| INR 15 lakh – INR 24 lakh |
|
| INR 14 lakh |
|
| INR 8 lakh – INR 50 lakh |
Govt. MBA in Finance Colleges in Maharashtra
The table below shows the government top MBA Finance colleges in Maharashtra along with their total tuition fee:
| Public/Government Colleges |
Total Tuition Fee |
|---|---|
| INR 19 lakh |
|
| Shailesh J. Mehta School of Management, IIT Bombay Admission |
INR 20 lakh |
| INR 4 lakh – INR 7 lakh |
|
| INR 88,000 |
|
| Department of Management Sciences, Pune University Admission |
INR 1 lakh |
READ MORE: MBA in Finance Course Admissions 2024
Region-wise MBA in Finance Colleges in Maharashtra
Listed below are the state-wise distribution of MBA Finance colleges Maharashtra.
MBA in Finance Colleges in Pune
The table below shows the top MBA in Finance colleges in Pune along with their NIRF ranking (2024) and total tuition fee:
| College Name |
NIRF Ranking (2024) |
Total Tuition Fee |
|---|---|---|
| 13 |
INR 22 lakh |
|
| 91 |
INR 14 lakh |
|
| 101-125 |
INR 8 lakh – INR 30 lakh |
|
| 101-125 |
INR 9 lakh |
MBA in Finance Colleges in Mumbai
The table below shows the top MBA in Finance colleges in Mumbai along with their NIRF ranking (2024) and total tuition fee:
| College Name |
NIRF Ranking (2024) |
Total Tuition Fee |
|---|---|---|
| 21 |
INR 12 lakh |
|
| 20 |
INR 22 lakh |
|
| 84 |
INR 14 lakh |
|
| NA |
INR 6 lakh |
MBA in Finance Colleges in Nagpur
The table below shows the top MBA in Finance colleges in Nagpur along with their NIRF ranking (2024) and total tuition fee:
| College Name |
NIRF Ranking (2024) |
Total Tuition Fee |
|---|---|---|
| 101-125 |
INR 14 lakh |
|
| 31 |
INR 19 lakh |
|
| Central Institute of Business Management Research and Development |
NA |
INR 2 lakh |
| NA |
INR 16 lakh |
To learn more about MBA in Finance colleges in other locations, click on the below link:
- MBA in Finance Colleges in Navi Mumbai
- MBA in Finance Colleges in Kolhapur
- MBA in Finance Colleges in Nashik
- MBA in Finance Colleges in Aurangabad
MBA in Finance Colleges in Maharashtra: Fees Vs Salary
Return on Investment (ROI) shows how much profit or benefit you get if you pursue a course from a particular college. It assesses the return of the fee invested by the candidate while studying and the return he/she gets in the form of placements.
Listed below are the Finance MBA colleges in Maharashtra along with their total tuition fee and annual average package:
| College Names |
Total Tuition Fee |
Annual Average Package |
|---|---|---|
| INR 24 lakh |
INR 24 LPA |
|
| INR 15 lakh – INR 24 lakh |
INR 29 LPA – INR 32 LPA |
|
| INR 19 lakh |
INR 17 LPA |
|
| INR 14 lakh |
INR 9 LPA |
|
| INR 14 lakh |
INR 11 LPA |
READ MORE: MBA in Finance Career scope
Highest Salary Offered by MBA in Finance Colleges in Maharashtra
The table below shows the average placement package offered by top recruiters who participated in top MBA in Finance colleges in Maharashtra:
| College Names |
Annual Average Package |
Top Recruiters |
|---|---|---|
| INR 24 LPA |
Fullerton, Kroll, Luminous, Aditya Birla Capital, EY, PwC, etc. | |
| INR 29 LPA – INR 32 LPA |
Asian Paints, Godrej, HUL, Nestle, Castrol, etc. | |
| INR 17 LPA |
Adani Group, TATA ELXSI, Nucleus Software, etc. | |
| INR 9 LPA |
Adani Group, Airtel, Amazon, Deloitte, Morgan Stanley, etc. |
|
| INR 11 LPA |
HDFC, Yes, PwC, EY, Tata Capital, etc. |
Low-cost MBA in Finance Colleges in Maharashtra
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 |
MBA in Finance Colleges in Maharashtra: Comparison
The table given below shows the comparison of top MBA in Finance colleges in Maharashtra:
MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
Commonly asked questions On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
Yes, candidates who wish to pursue internships during the curriculum of MBA at FLAME University do get the necessary breaks. Candidates are highly encouraged to pursue internships throughout the duration of the MBA course as this will greatly benefit the student in future thanks to an improved portfolio after graduation.
Chetana's Institute of Management and Research has a good record of placements for its PGDM courses. In 2025, the the highest and average package offered stood at INR 13.3 LPA and INR 7.04 LPA, respectively. The key highlights of Chetana's Institute of Management and Research placements for the PGDM Class of 2025 are tabulated below:
Particulars | Placement Statistics (2025) |
|---|---|
the highest package | INR 13.3 LPA |
Average package | INR 7.04 LPA |
Median package | INR 7 LPA |
Total recruiters | 200+ |
Top recruiters | HUL, ITC, TCS, Voltas, Accenture |
IIEBM Pune hostel charges are INR 3.4 lakh. Candidates taking the accommodation facility have to pay this fee amount. It is within the rights of the institute to revise its fee structure. The given fee is as per the official website/ sanctioning body. It is still subject to changes and hence, is indicative.
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.
Commonly asked questions On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
MIT-WPU offers good annual placements for various courses like B.Tech, MCA, B.Des and M.Sc, etc. As per the latest report, the highest package offered during MIT-WPU placements 2023 stood at INR 51.36 LPA. Further, the highest packages offered to the B.Tech and B.Des batches 2023 stood at INR 44.14 LPA and INR 20 LPA, respectively. The key highlights of MIT-WPU placements 2023 are tabulated below:
Particulars | Placement Statistics (2023) |
|---|---|
Highest package | MSc: INR 51.36 LPA BTech (IT): INR 44.14 LPA MTech: INR 24 LPA BDes: INR 20 LPA |
Average package | INR 7 LPA |
Average package for top 100 placements | INR 16.3 LPA |
PIBM Pune is the best choice. PIBM trains you on practical approaches like a dual internship, live projects, simulation-based classes, field projects, etc. It is NAAC Accredited college and ranked under top 100 colleges in India by NIRF. The PIBM focuses more in giving practical exposures and provide you a platform where you can learn under corporate leaders by conducting regular corporate sessions & events. For placement in top companies like Amazon, Deloitte, Reliance, Upgrad, etc. visit PIBM campus every year. The highest package offered is 17 LPA and the average package is 6.5 LPA.
Hi.Universal AI University admissions are offered based on entrance exam scores. The college considers Class 12 with at least 65% marks for admission in UG courses. Whereas, undergraduate degree scores are considered for admission in postgraduate courses.
Universal AI University accepts CAT/CMAT/GMAT/NMAT/CET entrance exam scores to provide admission to PGDM and MBA programme.
Universal Ai University, Karjat UG admission into B.Des, BBA, BA (Hons) is done based on the UBSAT test followed by an interview process
Thanks
.
Commonly asked questions On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
To get admissions into the PUMBA EMBA courses, candidates must clear any undergraduate course with a minimum aggregate of 50%. Aside from completing a UG-level course, candidates need to also possess a work experience of three years to be eligibility for EMBA at PUMBA.
There are no mandatory entrance exams for admissions to EMBA courses offered by PUMBA. Hence, candidates can go to the website of PUMBA and fill the EMBA application form toget admission.
The total tuition fee for the MBA programme ranges between MIT College of Management INR 2.4 Lacs and INR 5.4 lakh. Candidates are required to pay some amount of fee at the time of admission to lock their seat in the college. This information is sourced from the official website/ sanctioning body and is subject to change.
NMIMS charges an extra fee for hostel accomodation. The MBA tuition fee does not include the accomodation charges.
RIIM Pune shortlists students based on their performance in the CAT/ XAT /MAT /CMAT /ATMA /GMAT/ NMAT or any other competitive exam approved by AICTE, followed by WA, GD & PI. Selected students need to upload the documents for verification and book a slot for seat allocation. Moreover, at the time of admission confirmation, candidates are required to pay the registration fee of INR 50,000.
The application fee for Amity University Mumbai is waived off. Candidates can submit their application form. It is always a good idea to save and print the application for verification in later stages of admission.
Commonly asked questions On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
ISMS Pune offers good placements to its MBA students annually. As per the latest report, the highest package offered during ISMS Pune MBA placements 2024 stood at INR 14 LPA. The highest package was offered to the student of the Marketing domain. The key highloights of ISMS Pune placemnets fro the Class of 2023 and 2024 are tabulated below:
Particulars | Placement Statistics (2023) | Placement Statistics (2024) |
|---|---|---|
the highest package | INR 15 LPA | INR 14 LPA |
Top recruiter | TresVista (offered the highest package) | Lion Mortgage (offered the highest package) |
Yes, candidates can get admission to the MBA course at MIT-WPU, Pune without CAT scores. Because the school accepts several other accepted entrance exams for admission to MBA courses, such as CAT/ XAT/ NMAT/ GMAT/ PERA/ CMAT/ MAH-CET/ MAT. Therefore, candidates with relevant scores in CAT can get admission to the MBA at MIT-WPU, Pune. However, it is not compulsory.
The total tuition fees for AI-Integrated PGDM programme is INR 8.95 lakh. Candidates selected for admission need to pay the course fees to confirm their seat.
CMAT 2025 was on January 25, 2025, almost four months ahead of previous years. The CMAT exam is usually held in March-April, but in 2023 and 2024, it was held in May. The last time CMAT was held in January was in 2019.
The NTA announced registration dates via an official circular, which was released online on the NTA website on November 14, 2024. The CMAT 2025 exam schedule includes registration window open and close dates and form correction dates. CMAT 2025 registration has started, and the last date to apply was December 13, 2024, and the admit card was released on January 20, 2025.