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:
All FiltersClear All
- (14)
- (111)
- (29)
- (37)
- (34)
- (33)
- (19)
- (4)
- (41)
- (126)
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
The Vidyalankar School of Business has a specific training and placement division. With each of the placement partners and corporates, the VSB placement team keeps up positive relationships and networking. In addition, the VSB placement cell continuously informs students on current market trends to help them get ready for job interviews. The Vidyalankar School of Business (VSB) has an excellent placement rate. The college's website states that the average pay package for the PGDM programme in 2022 was INR 4 LPA, while the highest compensation package was INR 10 LPA. Top recruiters for the programme in 2022 were Morgan Stanley, Accenture, Amul, Deloitte, ICICI Bank, and Aditya Birla Group.
As per the latest records of PBS Pune PGDM placements, the institute has witnessed the top recruiters such as Vodafone, iResearch, Mother Diary, Finolex, Protium during the placement drive of the year 2023. Find below the highest package offered to students of PGDM in PBS Pune placements 2023:
Particulars | Statistics (2023) |
|---|---|
the highest package | INR 15 LPA |
Popular recruiters | Vodafone, iResearch, Mother Diary, Finolex, Protium |
Read more: Pune Business School PGDM Placements
Commonly asked questions On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
The entrance exam accepted for admission to management programmes at SP Jain School of Global Management depends upon the specialisation and campus. Generally, the scores of the following entrance exams are accepted as valid: GMAT, GRE, CAT, MAT and SPJAT.
The Lexicon MILE Pune average package offered during the 2025 placement drive stood at INR 7.9 LPA.
Particulars | Placement Statistics (2023) | Placement Statistics (2024) | Placement Statistics (2025) |
|---|---|---|---|
Average package | INR 8.70 LPA | INR 8.27 LPA | INR 7.9 LPA |
Atharva School of Business is a private institute that is approved by organizations like AICTE and gives good education to the students. Below given are the reasons to choose Atharva School of Business:
- Good Ranking: The institute is ranked 86 in the 'Management Institutes' category by Times 2023.
- Placement Opportunities: The institute has a placement cell and gives placement opportunities in companies like Naukri.com, Kotak Mahindra Bank, Reliance General Insurance, BNP Paribas, Credence Analytics (India) Pvt Ltd, Flamingo Communication etc..
- Scholarship Options: The institute also gives merit and need based scholarships to the students.
Commonly asked questions On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
As of now, the VSM Mumbai PGDM application deadline has not been released. However, the admission for the academic year 2026 is currently ongoing. Interested applicants can visit the official website to apply for the desired course. It is essential for candidates to review the present eligibility criteria before applying. To avoid missing any deadlines, they should frequently visit the official website or contact the admission office for accurate details.
No, candidates cannot get direct admission in PGPM course offered by IBS Pune. Candidates are required to appear in one of CAT, XAT, GMAT, NMAT or IBSAT in order to qualify for PGPM admissions, after UG level graduation.
Commonly asked questions On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
MBA placements at GNIMS are not bad at all. Approximately 80% of students were placed by the Institute and remaining 20% tried their luck of getting placed by their own individual efforts. The highest package offered was 13 LPA and the lowest package was around 3 LPA last year. Top companies like Seimens, Kotak Mahindra, HDFC, Motilal Oswal visited there last year. About 70 % students get internships and companies which offer internships are HDFC, Aditya Corporates, Shiksha.Com, Talent Corner.
Commonly asked questions On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
In Pune, Maharashtra, Pimpri Chinchwad University (PCU) is becoming a well-known establishment. Despite being relatively new, it is growing its industry contacts and placement cell. To improve employability, PCU places a strong emphasis on providing skill-based education and real-world experience. Placement records and specifics are still changing as the university works to improve placements. The institution offers internships and employment possibilities through partnerships with businesses and industries. To evaluate long-term placement outcomes, prospective students must keep up with placement statistics and interact with alumni. All things considered, PCU is headed toward a strong placement system.
Some of the prominent recruiters who visited during the recent BSE Institute placements are listed in the table below:
BSE Institute Top Recruiters | ||
|---|---|---|
Analah Capital | Zee Business | ICCL |
Kotak Securities | Morning Star | Bank of India |
IIFL Securities | BSE | CDSL |
Arcon | KRG | ITI Gilts |
If selected, accept offer and complete all admission formalities before deadline which is mentioned in offer letter sent by Atlas SkillTech university. Make payment on time to confirm MBA seat.
