MBA in Finance Colleges in Nagpur - 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:

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:

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.

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.

Not necessarily! Most top MBA colleges accept fresh graduates, especially in India even IIM's also accept fresh graduates. However, 1to 3 years of work experience can help you understand real-world finance better and improve your chances for top-tier colleges or higher packages. Work experience also makes your profile stronger if you plan to specialize in investment banking, consulting or corporate finance while pursuing MBA Finance.

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:

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

The highest salary package offered in Symbiosis Institute of Business Management is 26 Lacs per annum, and the average salary package offered here is between 8 Lacs per annum - 9 Lacs per annum.

Whereas, the highest salary package offered in Nagpur Institute of Technology is 4.5 Lacs per annum. The average salary package offered is 3.5 Lacs per annum.

So as per this data, I think Symbiosis Institute of Business Management is a better and right choice since it offers the highest number of packages for MBA.

CMAT cut offs are not released on a particular date. Since, the NTA does not conduct any counselling or selection process on behalf of the CMAT accepting colleges, there is no one date when the cut offs are released. The NTA announces CMAT result and after that the participating institutes release their CMAT cut offs, MBA Admission criteria individually. The cut offs vary for each college and is determined by the admission cell. The NTA has no role in cut off determination. So, candidates who have appeared for the CMAT exam can check the websites of their target colleges for admission criteria and cut offs. Most of the colleges have already published their admission criteria. You can check this page for CMAT cut offs: https://www.shiksha.com/mba/cmat-exam-cutoff.