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

There are about 130+ best MBA in Finance colleges in Pune. Among these,  104 colleges are privately owned, 2 colleges are owned by public/government organisations, and public-private entities own 2 MBA colleges. CAT, CMAT, MAT, and XAT are some of the most accepting entrance exams in top Finance MBA colleges in Pune. Symbiosis Institute of Business Management, National Institute of Bank Management, Pune Institute of Business Management, Balaji Institute of Modern Management, National Insurance Academy, Indira School of Business Studies, etc. are some of the popular MBA colleges in Pune.

To determine the No. 1 MBA in Finance colleges in Pune, you need to go through its NIRF ranking over the past three years, i.e. from 2022 to 2024:

College Names	NIRF 2022	NIRF 2023	NIRF 2024
Symbiosis Institute of Business Management Ranking	17	17	13
National Institute of Bank Management Ranking	NA	76	91

Hope this information proves beneficial for you!

Joining MBA in Finance colleges in Pune can be worthwhile for you. For that you need to check its ROI. Listed below are some of the colleges along with their total tuition fees and average placement package:

College Name	Total Tuition Fee	Annual Average Package
Symbiosis Institute of Business Management MBA	INR 24 lakh	INR 24 LPA
National Institute of Bank Management MBA	INR 14 lakh	INR 11 LPA
Pune Institute of Business Management MBA	INR 9 Lacs – INR 30 lakh	INR 7 LPA
MIT WPU MBA	INR 9 lakh	INR 6 LPA
Institute of Management and Entrepreneurship Development MBA	INR 5 lakh	INR 6 LPA

Hope this answers your query!

The table below shows the affordable MBA in Finance colleges in Pune having tuition fees of INR < 1 lakh:

Low-cost Colleges	Total Tuition Fee
IndSearch Institute of Management Studies and Research	INR 40,000
Dhole Patil College of Engineering	INR 61,000
Shri Shivaji Maratha Society’s Institute of Management & Research	INR 70,000
Synergy Group of Institutes	INR 35,000
Sankalp Business School	INR 98,000

The institute has not released the placement percentage. However, the other important statistics are out. Over 99 companies visited the campus for hiring the MBA batch 2022-24. This year 55 new recruiters took participation in the recruitment process. Further, the highest package offered was INR 49 LPA. Check the complete insights of SIBM Pune placements 2023 from the table below:

Particulars	Placement Statistics (2023)
Highest package	INR 49 LPA
Average package	INR 28.16 LPA
Median package	INR 25 LPA
Top 10% average package	INR 37.53 LPA
Top 25% average package	INR 35.14 LPA
Top 50% average package	INR 31.63 LPA
Total recruiters	99+
New recruiters	55
Top sector	BFSI
PPOs	96

The general eligibility criteria to get MBA admission in the best college for an MBA in Finance in Pune are listed below:

• Candidates should have a bachelor's degree or equivalent qualification in any discipline from a recognised university or institution with a minimum of 50% aggregate.
• Many Finance colleges in Pune 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.

After the MAH MBA CET result announcement the State CET will conduct common counselling for admission to about 300 colleges in Maharashtra, most likely in July-August. Qualifying candidates will be required to participate in MAH CET counselling for admission to participating MBA colleges in Maharashtra by filling the online counselling form. The MAH MBA CET counselling process will be conducted in two or three rounds and will be based on cut offs. Candidates will be allotted seat in the college of their choice, if they meet the minimum cut off percentile of that college.

The counselling will be held for mainly two categories – Maharashtra State candidates and All India candidates. Separate merit lists will be released for these two categories. To be eligible for MAH CET counselling candidates need to score more than 0 in MBA CET exam.

Yes CAT syllabus is difficult to crack if you do not have enough time. There are three subjects in CAT- VARC, DILR and Quantitative Aptitude. Most of candidates find RC passages tough to crack. In Quants, Arithmetic, Algebra and Geometry pose significant challenge during preparation. In DILR, Reasoning questions often turnout to be tricky and confusion. 

At PIBM Pune, students can pursue both MBA & PGDM courses. Interested students can take admission to the course of their choice by fulfilling the basic eligibility criteria along with applying on the official website of PIBM Pune. Find below the course-wise seat bifurcation of Management courses offered at PIBM Pune:

Course Name	Seat Intake
MBA (General)	360
PGDM	480
MBA (FinTech)	60
MBA (Project Management)	60
Global Joint Degree Program (PGDM Global)	60 (Partner University)
PGDM Hybrid	60

SIBM Pune offered the highest placement package of INR 24 LPA and the prominent recruiters participated include Wipro, Bain & Company, Piramal, Deloitte, etc. Listed below are some of the MBA in Finance colleges in Pune along with their placement package and the prominent recruiters:

College Name	Annual Average Package	Prominent Recruiters
Symbiosis Institute of Business Management Placements	INR 24 LPA	Wipro, Bain & Company, Piramal, Deloitte, etc.
National Institute of Bank Management Placements	INR 11 LPA	ICICI Bank, HDFC Bank, Airtel, Accenture, etc.
Pune Institute of Business Management Placements	INR 7 LPA	Citco, Wipro, Xiaomi, Flipkart, Grant Thornton, etc.
MIT WPU Placements	INR 6 LPA	IBM, HCL, Infosys, Hitachi, TCS, Barclays, ONGC, etc.
Institute of Management and Entrepreneurship Development Placements	INR 6 LPA	Amazon, HDFC Bank, KPMG, BDB India Pvt. Ltd., etc.

Hope this information proves beneficial for you!

Yes, You can pursue MBA Finance with Science course.

Knowledge of Accounting and Economics in Class 12 and Graduation is not mandatory for MBA in Finance. Students of any stream can go for MBA courses, the only condition is awareness of some basic subjects. Yes, even if you have a Science degree, you can pursue an MBA in Finance. Indeed,  many MBA programmes welcome students from a wide range of disciplines, including science, engineering, and the humanities. Some of the reasons why a scientific graduate might desire to pursue an MBA in Finance are as follows:

To obtain a more comprehensive understanding of business: An MBA in Finance can provide you with a more comprehensive grasp of the company, covering accounting, marketing, and operations. This can be useful if you want to work in finance but also grasp the larger company background. Check Out: MBA Course Eligibility

Yes, MBA Finance have lot of Maths. An MBA Finance typically involves a significant amount of quantitative analysis and mathematical concepts. Finance, as a field, relies heavily on mathematical and statistical tools for decision-making, risk assessment, and financial modeling. 

The NIBM Pune PGDM offers emerging electives such as Big Data & Machine Learning in Banking, Cyber Security, Credit Scorecard Development with Python, and Digital Banking. These electives help students gain industry-relevant specialised skills.

MAH CET and BMAT exams are the entrance test for the MBA in pune . you need to qualify this exam to get the seat in MBA the cutt off criteria is channged according to the category and reservation process. Bachelor’s degree in any stream with an aggregate of 50% (45% for SC/ ST candidates)
In MBA programme, 15 percent of the seats are reserved for Foreign Nationals/ NRI/ PIO/ OCI/ Management category candidates.

 

There are about 15+ distance MBA in Finance colleges in Pune. Some of them are mentioned below along with their tuition fees:

Distance MBA Colleges	Tuition Fee
Symbiosis Centre for Distance Learning	INR 50,000
MIT School of Distance Education, MAEER	INR 72,000 - INR 90,000
Indian School of Business Management and Administration	INR 30,000
MIT School of Distance Education, Kothrud	INR 68,000
School of Distance Education, Bharati Vidyapeeth University	INR 86,000

Yes, Symbiosis Institute of Business Management is definitely a good option for pursuing an MBA degree.SIBM Pune is a constituent of Symbiosis International (Deemed University) which is accredited with A ++ Grade by NAAC. Symbiosis Institute of Business Management Pune was established in 1978 and is a member of EFMD & EFMD Global network. The institute has been ranked 13 under the Management category by the NIRF 2024.

Joining the top MBA in Finance colleges in Maharashtra can be worthwhile for you. For that, you need to check its ROI. Listed below are some colleges along with their tuition fees and average placement package:

College Names	Total Tuition Fee	Annual Average Package
SIBM Pune MBA	INR 24 lakh	INR 24 LPA
SPJIMR	INR 15 lakh – INR 24 lakh	INR 29 LPA – INR 32 LPA
IIM Nagpur MBA	INR 19 lakh	INR 17 LPA
Welingkar Mumbai MBA	INR 14 lakh	INR 9 LPA
National Institute of Bank Management MBA	INR 14 lakh	INR 11 LPA

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

Yes, MBA is available at SCMHRD. This course is spread across four semesters. Aspirants who have passed a bachelor's degree in a relevant discipline with at least 50% aggregate can apply for the course. Other than the general MBA, the institute also offers the following MBA courses:

• MBA in Business Analytics
• MBA in Infrastructure Development and Management

Both SIIB Pune and SCMHRD Pune offer MBA programs with different specializations. In terms of ranking and brand value, SIBM Pune is better than SCMHRD Pune. SIBM Pune is ranked 7th and SCMHRD Pune is ranked 8th for MBA by India Today 2021. However, the choice between the two should be based on the course one is planning to pursue. If one is planning to pursue MBA Business Analytics, MBA HR, or MBA Infrastructure Management, then SCMHRD is a better option. For Marketing specialization, both of these two are decent options. SIBM Pune offers MBA at postgraduate level in four specializations including MBA, Executive MBA, and MDP programs whereas SCMHRD offers postgraduate programs in MBA with specializations as MBA (Business Analytics), MBA (Infrastructure Development & Management), and MBA (Executive).

As per the latest report, ISBM Pune recorded an average package of INR 11.40 LPA for its PGDM batch in the academic year 2023-2024. The key highlights of ISBM Pune placements for the MBA Class of 2024 are tabulated below:

Particulars	PGDM Placement Statistics (2024)
Average package	INR 11.40 LPA
the highest package	INR 20.56 LPA
Package offered by the top 50% of companies	INR 10 LPA to INR 12 LPA
Package offered by the top 15% of companies	INR 8 LPA to INR 10 LPA
Package offered by top 5% of companies	INR 20 LPA and above
Package offered by top 11% of companies	INR 15 LPA to INR 20 LPA
Package offered by top 19% of companies	INR 12 LPA to INR 15 LPA
Popular recruiters	Warner Music Group, Optum, Fashion TV, Trident Group India

According to the comparison of B-Schools, these both colleges are good in their prospectus.

SSBF Pune - In 2023, the highest salary package offerrd was 19.59 LPA and average package offered was 10.56 LPA.

SIBM Hyderabad - In 2023, the highest package offered was 15 LPA and average package offered was 8.90 LPA.

To get admission to BIMHRD Pune MBA course, candidates have to fulfil the minimum eligibility criteria. Those who passed graduation with minimum 50% aggregate are eligible to apply for the course. Futher, the institute accepts various state/ national-level entrance exams such as CAT/ MAT/ CMAT/ XAT/ MH CET. Candidates need to qualify for any one of the entrance exam with a valid score. The final selection is done through Group Discussion and Personal Interview round conducted at the institute.

Other than this, students can also appear for Sri Balaji Entrance Screening Test (SBEST) to get exempted from the other entrance exams or to improve the scores of the above-mentioned exams. Students have to pay an additional charge of INR 490 for the exam registration.

The median salary package offered to the students after finishing MBA/PGDM from MIT-WPU is INR 600,000. While, the Median package offered by Indira School of Business Studies - ISBS after completion of MBA/PGDM is INR 425,000. Basis these stats, MIT-WPU is better option compared to Indira School of Business Studies - ISBS on the Median salary parameter.

NMAT by GMAC registration is now open. As per the NMAT examination process in the past exam sessions, GMAC conducts the NMAT exam from within a testing window facilitated until the third week of December. Candidates can appear for the NMAT exam thrice during this window. Candidates have to complete the retake registration to apply for another exam take.

IIEBM Pune offers a PGDM course, which is equivalent to an MBA. The institute offers PGDM course in different specialisations. Candidates should check the eligibility and selection criteria before registration. 

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.

Once the selection process for PUMBA MBA is completed, selected students must pay the first installment of the tuition fees. As per official sources, the total tuition fee to pursue an MBA at PUMBA ranges from INR 1.3 Lacs to INR 1.5 lakh.

Note: The above-mentioned fee is as per the official sources. However, it is indicative and subject to change.