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

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Commonly asked questions
On MBA in Finance Colleges in Navi Mumbai - 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 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:   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.
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Commonly asked questions
On MBA in Finance Colleges in Navi Mumbai - Course Fee, Admission, Cut Off, Placements
Q:   How is the placement scenario in top MBA Finance colleges?
A: 

Placement Scenerio in the Top MBA Finance colleges are very strong as Finance MBA is the most sought after specialisation in MBA. For example: IIMs, XLRI, ISB, SPJIMR offer packages ranging from INR 15 LPA to INR 50 LPA in finance roles. Common job roles include: Investment Banker, Financial Analyst, Risk Manager, Corporate Finance Manager, Portfolio Manager. 
Some colleges even provide international placement opportunities to the students. So, if you choose the right college and perform well, placement opportunities are excellent after MBA in Finance.

Q:   I want to do MBA in finance field after graduation. Which course is better for graduation?
A: 

In MBA Finance, maximum time you will counter with Maths, Statistics and Economics. Hence, you should to with that feild. If you really want to make your career Finance do following things, 

  1. Make a good command on Maths & Statistical analysis.
  2. Try to get hands on experience in analytical Software.

Right now, you can consider B.A. (Economics Hons) as the good option. However, if you do B.Sc. In Statistics, it will make a boost to your career. Hope this helps. Upvote the answer if you feel satisfied. Ask any query at anytime. Good Luck.

Q:   What is the entrance exam cutoff score needed for MBA in Finance?
A: 

Top MBA finance programs in India require high entrance scores, with top IIMs like Ahmedabad, Bangalore, Calcutta generally expecting a CAT percentile of 98 - 99+ for general category candidates. Some of the entrance exams cutoffs are mentioned below -

  • CAT: 98 - 99+ percentile for top IIMs & 95 - 97+ for top-tier private colleges.
  • MAH MBA CET: 95+ percentile for top institutes.
  • MAT: 70 - 90+ percentile for reputable institutions, with a composite score of 600 - 700+
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