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
Yes, Priyadarshini Lokmanya Tilak Institute of Management Studies and Research (PLTIMSR) does offer MBA courses for the duration of two years, divided into four semesters, and offered in full-time mode. Moreover, the institute offers different specialisations in the MBA course. To choose the specialisation, candidates are required to select any two electives, either both electives from the core group or one elective each from the core group and the complementary group. The subjects offered in these groups are
| Core Group | Financial Management Marketing Management Human Resource Management |
| Complementary Group | Operations Management Business Analytics Entrepreneurship Development International Business |
Many top companies participate in the placements drive of the institute. Candidates can also take part in the off campus placements drive. The list of top recruiters during Kirloskar Institute of Management placements is presented below:
Kirloskar Institute of Management Top Recruiters | |
|---|---|
Deloitte Consulting India Pvt Ltd | Alfa Laval India Pvt Ltd |
G4S Corporate Services Pvt Ltd | ANZ Bank |
TTK Prestige Ltd | HDFC Bank Ltd |
Grant Thornton | Kirloskar Group |
VE Commercial Vehicle Ltd | IDFC First Bank |
Reliance Retail Ltd | Paytm |
Commonly asked questions On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
As per the official statistics 1,215 offers were made during 2023 placements. Earlier, more than 1,100 offers were made during 2022 placements. From 2021 to 2023, year-on-year growth was recorded in the number of offers made. Take a look at the below table showcasing the offers trends for the past three years of JSPM Tathawade placements:
| Particulars | Placement Statistics (2021) | Placement Statistics (2022) | Placement Statistics (2023) |
|---|---|---|---|
| No. of offers | 750 | 1,100+ | 1,215+ |
Commonly asked questions On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
Yes, Kohinoor Management School has been providing good placements to its students in the past years. To know more, check the table below:
Particulars | Placement Statistics (2025) | Placement Statistics (2026) |
|---|---|---|
the highest package | INR 12.50 LPA | INR 30 LPA |
Average package | INR 7.25 LPA | INR 8.6 LPA |
As per the latest report, the the highest and average package offered to PGDM students during Imperial School of Banking and Management Studies placements in 2024 stood at INR 16.4 LPA and INR 9.5 LPA, respectively. The same is tabulated below:
Particulars | PGDM Placement Statistics (2024) |
|---|---|
the highest package | INR 16.4 LPA |
Average package | INR 9.5 LPA |
MumbaiPvtCommonly asked questions On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
The minimum eligibility requirement for PGPMBA at MET AMDC is having a UG degree in any discipline with a minimum 50% marks from a recognised university and proficiency in MS Office.
Note: Those who are appearing for the final year exams are also eligible to apply. Provided that they produce the degree or mark sheet on or before the due date.
Commonly asked questions On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
According to the latest information, MBA at Dhole Patil College of Engineering the highest salary package offered is 12 Lakhs per annum and the lowest salary package offered is 2 Lakhs per annum or 3 Lakhs per annum. Top recruiting companies are - Tata Motors, Bosch, Cisco, Byju's, and BMW.
-> And MBA at SIBM Pune is the highest package offered is Rs 35.05 Lakhs per annum. The average package offered is 26.77 Lakhs per annum and average package offered is about 24 Lacs per annum.
• So, in my opinion MBA at SIBM Pune is a better choice.
Christ University Pune accepts a wide range of national-level entrance tests for admissions to its MBA course, including XAT. For admission via XAT, candidates must register and appear for the exam. The 2025 session for the XAT exam was conducted on 5 Jan, 2024.
Note: The above-mentioned exam date is as per official sources. However, it is subject to change at the discretion of concerned authorities.
No, candidates cannot get direct admission to MBA at Pratibha Institute of Business Management. Any candidate who applies for MBA course must appear for one state/ national level entrance exam first such as CAT, XAT, MAT, CMAT, etc.
Once candidate receives a valid score in any one of these exams, then they can apply for Pratibha Institute of Business Management MBA admission.
