Updated on May 16, 2023 11:09 IST

Top MBA Colleges in Pune 2023 Accepting CMAT

There are 4 top MBA colleges in Pune that offer MBA courses. All the top MBA colleges in Pune are privately owned. MBA admission is based on MBA entrance exams followed by a personality assessment test round (Group Discussion or GD, Written Ability Test or WAT and Personal Interview or PI)

Top MBA Colleges in Pune: Highlights

The Master of Business Administration, or MBA, is one of the most sought-after postgraduate programmes. This two-year degree makes a lot of corporate job prospects available. MBA course in Pune is offered in full-time, part-time, distance learning, and online mode of education. The top MBA colleges in Pune provide degree, diploma, and certificate courses.

The table below mentions key highlights of the top MBA colleges in Pune:

Parameters

Statistics

No. of top MBA Colleges

4

Annual Fees

INR 3-5 lakh: 1

INR > 5 lakh: 3

Specialisations

Finance, Sales and Marketing, Human Resources, Operations, IT & Systems

Admission Process

Entrance exam Based

MAT, XAT, CAT, CMAT

Top MBA Colleges in Pune: Eligibility Criteria

The eligibility criteria for an MBA course in Pune may differ from college to college. However, the basic eligibility criteria to pursue an MBA is as follows:

  • Candidates must have passed graduation in any discipline or equivalent from a recognised university (full-time)
  • Most of the institutes follow the minimum score criteria in graduation which are 50% aggregate or equivalent. Some of the colleges also offer a 5% relaxation to students from the reserved categories.
  • Final-year graduation candidates are also eligible to apply for MBA, provided they present the proof of completion of graduation degree within the duration specified by the institute

Popular Exams accepted by Top MBA Colleges in Pune

The two most popular entrance exams accepted in top MBA Colleges in Pune are:

  • 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. It comprises four sections: Decision Making, Verbal Ability and Logical ReasoningQuantitative Ability & Data Interpretation and General Knowledge.
  • MAT: Management Aptitude Test or MAT is a national-level entrance exam conducted by the All India Management Association (AIMA) for admissions to MBA/PGDM courses. The exam is conducted in multiple sessions in four phases – February, May, September and December. MAT exam is conducted in offline (Paper Based Test or PBT), online (Computer Based Test or CBT) and remote proctored (Internet Based Test or IBT) modes.
  • CAT: Common Admission Test (CAT) is a national level management aptitude test for admission to the MBA courses 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.

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Top MBA Colleges in Pune with NIRF Ranking 2022

NIRF releases an annual ranking of top MBA colleges in India. The ranking is based on various parameters such as teaching, learning, resources, research and professional practices, graduation outcomes, outreach, and inclusivity and perception.

Refer to the table below to know the top MBA colleges in Pune with NRIF ranking:

College Name

NIRF 2020

NIRF 2021

NIRF 2022

Symbiosis Institute of Business Management (SIBM)

22

20

17

Pune Institute of Business Management

NA

NA

91

Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth

63

69

NA

List of Top Private MBA Colleges in Pune

Here is a list of top private MBA colleges in Pune along with their total course fee:

College Name

Total Tuition Fee/Seat Intake

Entrance Exam/Eligibility

Symbiosis Institute of Business Management (SIBM)

INR 22.20 lakh

Seats: 282

Entrance Exam: SNAP

Class 12 with 50% aggregate

Pune Institute of Business Management

INR 7.95 lakh

Seats: 660

Entrance Exam: MAT, CAT, XAT, CMAT

Class 12 with 50% aggregate

Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth

INR 4.50 lakh

Seats: 240

Entrance Exam: BMAT

Class 12 with 50% aggregate

National Insurance Academy (NIA)

INR 9.43 lakh

Seats: 180

Entrance Exam: CAT, CMAT

Class 12 with 50% aggregate

ROI of Top MBA Colleges in Pune

Return on investment, or ROI, is the sum of money that students receive as a placement offer in return for investing a sizable sum of money to attend a college and complete a degree of study.

The best MBA colleges in Pune with the total course fee and annual median package are tabulated below:

College Name

Total Course Fee

Annual Median Package

Symbiosis Institute of Business Management (SIBM)

INR 22.20 lakh

INR 20.80 LPA

Pune Institute of Business Management

INR 7.95 lakh

INR 7 LPA

Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth

INR 4.50 lakh

INR 6 LPA

National Insurance Academy (NIA)

INR 9.43 lakh

INR 13 LPA

Note: Above statistics on the best colleges for MBA in Pune are based on the latest available data.

Read More:

Top MBA Colleges in Bangalore

Top MBA Colleges in Ahmedabad

Top MBA Colleges in Mumbai

Top MBA Colleges in Delhi/NCR

Top Recruiters for MBA Graduates

Below is the list of top MBA colleges in Pune and a few top companies that recruit MBA graduates along with their placement ratings:

College Name

Placement Rating

Top Recruiters

Symbiosis Institute of Business Management (SIBM)

4.4

EY, Accenture, Google, Wipro, Flipkart, PwC, Jio, Infoedge, TATA Consumer Products

Pune Institute of Business Management

4.4

Accenture, Runwal Group, Flipkart, Evosys Global, eClerx

Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth

4.2

E & Y, HDFC Bank, Infosys, HP, Tata Consultancy Services, Naukri.com

National Insurance Academy (NIA)

4.6

Bajaj Allianz Life Insurance, SBI Life Insurance, IFFCO Tokio General Insurance Company Limited

How affordable is studying in top MBA Colleges in Pune?

Pursuing MBA courses in colleges in Pune is expensive as most of the colleges have a total tuition fee of more than INR 5 lakh. Tabulated below is the number of Top MBA Colleges in Pune along with their total tuition fee structure:

Fee Range

Number of Colleges

INR 3-5 lakh

1

INR > 5 lakh

3

Specialisations offered by Top MBA Colleges in Pune

In Pune, the MBA degree is offered in various specialisations. See the table below for a detailed overview of the top specialisations offered by the top MBA colleges in Pune:

Specialisations Number of Colleges
Finance 4
Sales & Marketing 4
Human Resources 3
Operations 3
IT & Systems 2

Which are the most popular MBA exams accepted by Top MBA Colleges in Pune?

The top MBA colleges in Pune accept scores obtained by students in numerous national-level examinations. See the table below for a detailed overview of the top exams to get admitted to the top MBA colleges in Pune:

Exams Number of Colleges
CAT 2
CMAT 2
BMAT 1
MAT 1
SNAP 1

Top MBA Colleges in Pune: Compare

To check the comparison between the top MBA Colleges in Pune, click the link below:

Compare with Other Colleges

Symbiosis Institute of Business Management (SIBM) Compare

Pune Institute of Business Management Compare

Institute of Management and Entrepreneurship Development Compare

National Insurance Academy Compare

Read More

Selected Filters

Location

Total Fees

Rating

Ownership

Specialization

Exams Accepted

Choose rank publishers
76
NIRF ' 23
(All India)
National Institute of Bank Management
4.5

Placements

4.6

Infrastructure

4.2

Faculty & Course Curriculum

4.8

Crowd & Campus Life

4.2

Value for Money

4.8
(17)
Fees: 13.72 Lakh
Salary : 10.50 Lakh
Not Ranked
Times ' 23
101-125
NIRF ' 23
(All India)
National Insurance Academy- NIA
4.4

Placements

4.6

Infrastructure

4.4

Faculty & Course Curriculum

4.1

Crowd & Campus Life

4.4

Value for Money

4.5
(17)
Fees: 9.43 Lakh
Salary : 13.00 Lakh
Not Ranked
Times ' 23
101-125
NIRF ' 23
(All India)
Pune Institute of Business Management
4.0

Placements

4.4

Infrastructure

3.4

Faculty & Course Curriculum

4.5

Crowd & Campus Life

3.7

Value for Money

4.1
(130)
Fees: 7.95 Lakh
Salary : 7.00 Lakh
34
Times ' 23

Other popular MBA/PGDM colleges in Pune accepting CMAT

4.42 L - 7.2 L
4.25 LPA

Top 10 in Pune

9 L
Great Indian Institute 2018- by Forbes India Marque.Top Recruiters: Amul, Apollo Munich
1.29 L - 1.52 L
5 - 5.3 LPA

#17 Shiksha Collections

12.8 L
4.2

#13 Times

9 L
4.3

#23 Times

Great Indian Institute 2018- by Forbes India Marque.Top Recruiters: Amul, Apollo Munich
3.95 L - 5.9 L
Awarded Best Business School by India Excellence Awards 2018 & Green Thinkerz Awards 2018
11.7 L - 12.8 L
3.9
5.9 L - 6.9 L
6.5 LPA

#35 Times

1 Course
7.2 L
4.8
11.7 L - 12.8 L
7 L

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10.6 L
4.4
BIIB is among top 11 B-schools in India-Source : Times Of India B-School Survey (February 2021)
7.9 L - 21.55 L
6.5 LPA

#15 Times

Ranked 29th all over India by TOI Rankings '18 Minimum 9 months paid internship in final year
3.98 L
7.95 L
6.5 L
5.2 LPA
KIM is ranked "A++" consistently by Business India.
7.95 L
4.7

#19 Times

7 L
6.8 LPA

#50 Times

2.59 L
4 L
6.9 L
4.3
3.2 L - 7 L
5.5 LPA

Top 25 in Maharashtra

9.2 L
5.9 L
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Q: What are the different specialisations top MBA colleges offer in Pune?

A: The top MBA colleges in Pune offer various specialisations. The top specialisation offered at top MBA Colleges in Pune is Finance, Sales and Marketing, Human Resources, Operations, IT & Systems, and many more.

Q: Which is the best MBA college in Pune based on placements?

A: The top MBA Colleges in Pune based on placements trends along with annual average packages are Pune Institute of Business Management offers INR 6.90 LPA, SIBM Pune offers INR 20.80 LPA, Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth, Pune offers INR 6 LPA, and National Insurance Academy offers INR 7.35 LPA.

Q: Which are the job profiles offered after completing an MBA from Top MBA Colleges in Pune?

A: Some of the job profiles that are offered by companies in Pune after completing an MBA are Finance Manager, Marketing Manager, Sales Manager, Human Resources Manager, Operations Manager, Product Manager, Data Analytics Manager, Digital Marketing Manager, and Advertising Sales Manager.

Q: What is the estimated fee for studying MBA from top MBA colleges in Pune?

A: It is estimated that pursuing an MBA in Pune from a top-rated college is expensive. About 75% of the colleges in Pune have a total course fee of more than INR 5 lakh. The colleges are:

  1. SIBM
  2. Pune Institute of Business Management
  3. National Insurance Academy

Q: Are there any entrance exams for MBA in Pune?

A: Yes, there are various entrance exams accepted by top MBA colleges in Pune such as CMAT, CAT, MAT, XAT, BMAT, ATMA, MAH CET, SNAP score, etc.

Q: What are my study options after completing an MBA course in Pune?

A: After completing MBA, the aspirants who want to go for higher studies or certification can pursue the following courses:

  1. Chartered Financial Analyst (CFA)
  2. Financial Risk Manager (FRM) Exam
  3. Certified Information Systems Auditor (CISA)
  4. Certification in Risk Management Assurance (CRMA)
  5. Certified in Production and Inventory Management (CPIM)
  6. Project Management Professional (PMP)
  7. Second MBA from an international business school
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