Top MBA Colleges in Pune 2021

Pune is also known as ‘Oxford of the East’ as it is an academic centre of national repute and is the most sought-after MBA study destination. Pune has the seventh-largest metropolitan economy and the sixth-highest per capita income in the country. With its large student population and a large number of academic and research institutes, Pune has a lot to offer to the MBA aspirants. MBA specialisations in retail, health, financial services, banking, consulting, manufacturing, ITES and in other related domains have made Pune as an academic centre of national repute. 

The two-year MBA programme acts as a gateway to a plethora of job and entrepreneurial opportunities. This course provides understanding related to the administration of the business and managing the business operations. Students from any background, including Science, Commerce and Humanities can pursue MBA. Such students should also possess skills such as excellent communication, leadership, problem-solving, management, research-oriented, analytical thinking, eye for detail, goal-oriented & ability to work under pressure, strong mathematical skills, etc.

Pune is home to some of the top-rated MBA colleges such as Symbiosis Institute of Business Management (SIBM Pune), Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth, Balaji Institute of Management Human Resource Development (BIMHRD), Sri Balaji University,  Pune Institute of Business Management, UNIPUNE - Savitribai Phule Pune University, FLAME University, Indira School of Business Studies (ISBS), etc. MBA in Pune can be a good choice for aspirants looking for an affordable fee structure with a high return on investment.

In Pune, an MBA degree is offered across various specialisations. Some of the most prominent ones are as follows:

• General Management
• Marketing 

There are around 265 MBA colleges in Pune that offer the course in a full-time, part-time, distance-learning and online mode of study. These colleges provide degree, diploma and certificate courses. Out of these the top 18 MBA colleges in Pune ranked by NIRF, Outlook and Times offer degree courses in a full-time mode of study. 

MBA Admission Eligibility Criteria

The eligibility criteria for MBA course 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 as a basic eligibility criteria for MBA (full-time)
• Most of the institutes follow the minimum score criteria in graduation which is 50 per cent on average or equivalent. Some of the colleges also offer a five per cent 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

Apart from merit-based admission, many top-ranked MBA colleges in Pune also accept scores of national- and state-level entrance exams, including CMAT, CAT, MAT, XAT, BMAT, ATMA, MAH CET, SNAP, etc., for MBA admissions.

Although there are plenty of MBA colleges in Pune, there a few top ones that have been listed by NIRF.

Following is a list of top 4 MBA colleges in Pune ranked by NIRF:

Following is a list of top 5 MBA colleges in Pune ranked by Outlook:

Following is a list of top 5 MBA colleges in Pune ranked by Times:

Here is the list of some of the top private and public MBA Colleges in Pune:

What are the study options after MBA?

MBA graduates can select from multiple courses to pursue higher education or certification. The popular courses include:

• Chartered Financial Analyst (CFA)
• Financial Risk Manager (FRM) Exam
• Certified Information Systems Auditor (CISA)
• Certification in Risk Management Assurance (CRMA)
• Certified in Production and Inventory Management (CPIM)
• Project Management Professional (PMP)
• Second MBA from an international business school

MBA Placement Trends

With the growing demand for an MBA, students can bag excellent opportunities in the public as well as private sectors. MBA graduates can start their own business or work as an entrepreneur to implement their learning in the real world or start a school/ institution. Those seeking job opportunities can be recruited under the profiles listed below:

• Finance Manager
• Marketing Manager
• Sales Manager
• Human Resources Manager
• Operations Manager
• Product Manager
• Data Analytics Manager
• Digital Marketing Manager
• Advertising Sales Manager
• NGO Manager

Graduates from below top 7 MBA colleges in Pune get a median salary of Rs 1-10 LPA:

• Indira College of Engineering and Management (ICEM)
• ISBS
• Suryadatta Institute of Management and Mass Communication (SIMMC)
• Indira Institute of Management (IIMP)
• UNIPUNE - Savitribai Phule Pune University
• BIMM, Sri Balaji University
• Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth

Graduates from below 2 top MBA colleges in Pune get a median salary of Rs 10-20 LPA:

• Symbiosis Centre for Management & Human Resource Development (SCMHRD)
• SIBM Pune

Refer to the infographic below to get a detailed overview of the median salary for MBA Colleges in Pune:

Top Recruiters for MBA Graduates

MBA graduates from any domain are in high demand. All organisations, big or small, private or government, hire MBA degree holders in various capacities. Below is the list of few top companies in Pune that recruit MBA postgraduates along with their placement ratings:

How affordable is studying MBA in Pune?

Based on the below pie chart, it can be estimated that pursuing an MBA in Pune from top-rated colleges is moderately-priced. Nearly 76% of the colleges in Pune have a course/annual fee that ranges from Rs 1-10 lakh. Some of these colleges are:

• ICEM
• Indira Global Business School
• IIMP
• Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth
• ISBS
• International Institute of Management Studies
• School of Management, MIT WPU
• Indus Business School
• Lexicon Management Institute of Leadership and Excellence
• Pune Institute of Business Management
• SIMMC
• BIMHRD, Sri Balaji University
• BIMM, Sri Balaji University

Around 24% of MBA colleges have a fee structure that ranges from Rs 10-20 lakh. Some of these colleges are:

• FLAME University
• International School of Business and Media
• SCMHRD
• SIBM Pune

Refer to the infographic below to get a detailed overview of the break-up of MBA colleges in Pune based on fee: