Top MBA Colleges in Maharashtra - Check the list of the best MBA (Master of Technology) colleges in Maharashtra with NIRF ranking, fees, cut-off, admission, brochure, placements, reviews, entrance exams, and eligibility criteria.
If you are searching for an MBA from a Top MBA college in Maharashtra then this page going to help you to find the best MBA college in Maharashtra. This page going to help you, through this you will find information about top MBA colleges in Maharashtra, their fees, and other related information that you want to know about the best MBA college in Maharashtra.
Maharashtra is a state and is famous for its management education in India. 665 MBA colleges in Maharashtra which include 589 MBA colleges are private and 55 MBA colleges are government. SP Jain Mumbai, JBIMS, Mumbai, IIEBM Indus Business School Pune, IIM Mumbai, etc. are the popular MBA colleges in Maharashtra. Almost all the top MBA colleges in Maharashtra are approved and recognized by AICTE and UGC.
As per the NIRF Ranking, SJMSOM Mumbai ranked 11 and SIBM Pune ranked 17 among all the Best MBA colleges in Maharashtra. MBA Admissions offered by the best MBA colleges in Maharashtra are through MAH CET, CAT, SNAP, CMAT, etc. scores, and GD/ PI rounds. Some popular MBA colleges in Maharashtra also offer direct admissions to MBA courses.
MBA courses are a two-year postgraduate degree program in top MBA colleges in Maharashtra that offers vast career opportunities after course completion. The top MBA colleges in Maharashtra prepare students for leadership roles in the business world and enable them to find work in varied industries in India as well as abroad.
The below table indicates the MBA course details:
|
Particular |
Value |
|
No. of Colleges |
600+ |
|
Approval Authority |
AICTE, NBA, AACSB, AMBA, UGC |
|
Admission Process |
Based on entrance exams like CAT, MAT, XAT, ATMA, CMAT, GMAT, MAH MBA CET, SNAP, IBSAT, and NPAT. |
|
NIRF Ranked college |
IIM Mumbai(NITIE) |
|
The Times of India ranked college |
Symbiosis Institute of Business Management, Pune, International School of Business And Media, Pune, School of Management, MIT WPU, etc |
|
Fees |
Rs. 5,000-25,00,000 |
|
MBA Specializations |
General Management, Finance, Sales and Marketing, Hospital Administration, Human Resources, Tourism, IT and systems, etc. |
In MBA classes, students dive into fundamental subjects like Finance Operations, Marketing, Human Resources, and Entrepreneurship. These MBA subjects are taught via classes as well as group projects, case studies as well as experiential learning. The MBA classes at Top Master of Business Administration (MBA) Colleges in Maharashtra generally cover a variety of subjects, such as ethical business practices, organizational behavior economy, analysis of data, and the process of making decisions.
MBA can help you improve your skills and gain exposure that you did not get from a bachelor's degree. There is no other degree that MBA is focused on enhancing the soft skills of communicating in a business setting as well as leadership, problem-solving teamwork, and negotiation. When you pursue an MBA from a Top Master of Business Administration (MBA) College in Maharashtra you gain an understanding of management and business areas.
Promising Career: A Promising Career most straightforward method to boost the career of your choice is to pursue an MBA. Master of Business Administration. Students are focused on the career opportunities that come with an MBA. It's becoming more important to possess managerial capabilities and experience as the world gets ever more competitive.
Develops Management Skills: Many MBA specializations allow students to focus on a specific area of management in business. Each one of the specializations assists students in establishing careers in that specific field.
High Salary: Upon completion of the MBA course from Top MBA Colleges in Maharashtra, almost every student is given an increase. Students can pick their dream employers through the placement options that colleges offer. Based on the institution, the average MBA pay ranges between INR 7,00,000 to INR 9,00,000. However, it could go as high as INR 15,00,000 up to INR 20,00,000 in certain instances.
Entrepreneurship Abilities: Ability to Become Entrepreneurial Learn about running an enterprise. For students who have family businesses, this can be particularly helpful. The business will function more efficiently and earn higher returns due to this method.
There are 600+ MBA colleges in Maharashtra of which, you can find private as well as government colleges. Some of the most accepting Entrance Exams for Top MBA colleges in Maharashtra are MAHCET, MAT, CAT, XAT, etc. Some top MBA colleges in Maharashtra include MITADT, Pune, National Academy of Event Management & Development (NAEMD), Mumbai, Ajeenkya DY Patil University, School of Management, Pune, Indira College of Engineering & Management, Pune, etc.
Here are the top MBA colleges in Maharashtra that offer MBA courses within the city:
There are around 54 government MBA colleges in Maharashtra, with affordable fees and prestigious names. It is one of the main reasons that most of the candidates prefer the top BBA colleges in Maharashtra that are owned by the government. Additionally, they also get facilities like well-qualified faculty members, eminent alumni, state-of-the-art laboratories, high-quality education, and excellent accreditation.
As government colleges have limited seats and high competition, they only accept students who clear entrance exams with maximum marks and have high merits. Top government MBA colleges in Maharashtra also provide scholarships to deserving candidates and those who have weaker economic backgrounds including expenses like hostel fees, transportation, and books.
A list given below is the top government MBA colleges in Maharashtra that offer MBA courses:
|
College Name |
Fee |
| IIM Mumbai - Indian Institute of Management, Mumbai | INR 21,00,000 |
| Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai | INR 7,17,650 |
| Indian Institute of Management - [IIMN], Nagpur | INR 18,90,000 |
| Savitribai Phule Pune University - [SPPU], Pune | INR 18,500 |
| IIT Bombay - Indian Institute of Technology - [IITB], Mumbai | INR 4,29,900 |
| Mumbai University - [MU], Mumbai | INR 3,65,680 |
| College of Engineering - [COEP], Pune | INR 2,08,000 |
| Rashtrasant Tukadoji Maharaj Nagpur University - [RTMNU], Nagpur | INR 23,712 |
| Yashwantrao Chavan Maharashtra Open University- [YCMOU], Nashik | INR 16,878 |
| Vasantrao Naik Marathwada Krishi Vidyapeeth - [VNMKV], Parbhani | INR 46,300 |
There are 599 privately owned top MBA colleges in Maharashtra. Private colleges have great environments to study and there are many things to explore. Private colleges are more expensive than government colleges, mainly because of their amazing infrastructure, ac rooms, extracurricular activities, etc. Some of the colleges have affiliations with various MNCs which build the chances for student's placement after completion of the course.
A list given below is the top private MBA colleges in Maharashtra that offer MBA courses:
|
Name of College |
Average Annual Fee(INR) |
| SP Jain [SPJIMR], Mumbai | INR 24,00,000 |
| JBIMS Mumbai, Mumbai | INR 3,50,000 |
| TISS Tata Institute of Social Sciences, Mumbai | INR 1,00,000 |
| Symbiosis Institute of Business Management - [SIBM], Pune | INR 14,69,500 |
| School of Business Management, NMIMS University - [SBM NMIMS], Mumbai | INR 11,95,000 |
| Symbiosis Centre for Management and Human Resource Development - [SCMHRD], Pune | INR 12,14,000 |
| Symbiosis Institute of International Business - [SIIB], Pune | INR 9,55,000 |
| KJ Somaiya Institute of Management, Mumbai | INR 10,07,402 |
| Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai | INR 7,00,000 |
| Dr. D. Y. Patil B-School, Pune | INR 4,23,000 |
Following is a list of Top MBA colleges in Maharashtra with MBA course specialization given below:
Following is a table that shows the entrance exams accepted by top MBA colleges in Maharashtra:
| MAHCET | CAT |
| SNAP | NMAT |
| CUET PG | XAT |
| MAT |
The Ministry of Education, Government of India uses the National Institutional Ranking to evaluate the best educational institutions in the country based on several criteria such as quality of education, faculty, courses, facilities, and training courses.
A list is here in which some best colleges ranked by NIRF are given:
|
Rank |
College Name |
Score |
|
7 |
71.99 |
|
|
10 |
68.11 |
|
|
17 |
62.74 |
|
|
20 |
60.91 |
|
|
21 |
SVKM`s Narsee Monjee Institute of Management Studies, Mumbai |
60.84 |
|
43 |
53.41 |
|
|
45 |
K J Somaiya Institute of Management Studies and Research, Mumbai |
52.14 |
|
73 |
Principal L N Welingkar Institute of Management Development and Research, Mumbai |
48.21 |
|
76 |
47.08 |
|
|
102 |
Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development, Pune |
NA |
|
110 |
NA |
|
|
114 |
NA |
|
|
117 |
NA |
A list is here in which some best colleges ranked by the Times of India are given:
|
Rank |
College Name |
|
1 |
|
|
13 |
|
|
14 |
|
|
15 |
Lexicon Management Institute of Leadership And Excellence, Pune |
|
19 |
|
|
20 |
|
|
23 |
N.L Dalmia Institute of Management Studies And Research, Mumbai |
|
23 |
|
|
24 |
|
|
25 |
The MBA eligibility depends on the type of MBA College in Maharashtra. The basic MBA Eligibility criteria are mentioned below:
* Students must pass their studies and earn a minimum of 50% marks in any discipline from a recognized university.
* Top institutions like IIMs and IITs demand 60% for graduation.
* Students who belong to groups that are reserved like OBC, SC, and ST receive a 5% reduction in the percentage required in certain colleges.
* Students who are in the last year of their degree have the right to apply. They will need to provide evidence of their graduation within the time frame stipulated by the college.
* MBA is an option for professionals with certifications in CA/CS/ICWAI.
The process of admission for MBA courses consists of a series of stages that are the same as the majority of management schools in Maharashtra. Here are the phases that every MBA candidate must complete to be eligible for admission to an MBA.
* First step, apply for the MBA entrance exam is which recognized by the schools that you are seeking admission to. Examine all the requirements for the entrance exam and make sure that you can meet them.
* If you can pass the entrance test and you have the minimum cutoff you will be contacted for a selection round. Students must sign up to participate in the counseling process and satisfy all the criteria.
* Based on the test scores, candidates are shortlisted for Group Discussions and Writing Ability Tests, or Personal Interview rounds. MBA colleges that offer direct admission to MBA on a merit-based basis, also conduct interviews with their students.
* Following the evaluation of candidates based on entrance exam results academic performance and their work experience (if there is any) the final list of the students selected will be released.
* Students who have been assigned seats in the MBA college must complete the report (offline or via the Internet) and pay the admission fee
Following are some of the colleges with their average salary and course fees are as under:
|
College Name |
Fee |
Salary |
|
Rs. 10,21,000 |
Rs. 32.06 LPA |
|
|
Rs. 13,49,000 |
Rs. 23.06 LPA |
|
|
Rs. 4,50,000 |
Rs. 5.5 LPA |
|
|
Rs. 11,05,000 |
Rs. 6.50 LPA |
|
|
Rs. 4,91,100 |
Rs. 25.9 LPA |
|
|
Rs. 7,03,000 |
Rs. 25.4 LPA |
The table given below shows the recruiters are:
|
Bain & Company |
Accenture Strategy |
|
CISCO |
Amazon |
|
Capgemini |
Gartner |
|
Boston Consulting Group (BCG) |
Morgan Stanley |
|
BYJU’s |
Barclays Capital |
|
McKinsey & Company |
TCS |
|
Godrej |
Airtel |
|
J P Morgan |
(1). Which are the best MBA colleges in Maharashtra?
Ans. National Institute of Industrial Engineering, Symbiosis Institute of Business Management, Institute of Management Studies Narsee Monjee, IIT Bombay, SPJIMR, etc.
(2). How to get admission to top MBA colleges in Maharashtra?
Ans. Candidates seeking admission to top MBA colleges in Maharashtra must complete their studies with at least 50% marks obtained from a recognized university. Also, you need a way to qualify for MBA entrance exams like the Indian Institute of CAT, XAT, GMAT, SNAP, MAH CET, etc., and can take part in group discussions or personal interview rounds.
(3). Which universities in Maharashtra accept MAT results?
Ans. Balaji Institute of Modern Management Pune, ITM Business School Kharghar Navi Mumbai, Pune Institute of Business Management Pune, Balaji Institute of Human Resource Management and Development Pune, etc.
(4). How much are the tuition fees for MBA in Maharashtra?
Ans. Rs. 15-20 Lakhs.
(5). Which entrance exams are required for the Maharashtra MBA?
Ans. CAT, MAT, CMAT, GMAT, XAT, SNAP, NMAT etc.
(6). Which MBA college in Maharashtra offers the best placements?
Ans. S.P. Jain Institute of Management and Research, IIT Bombay, National Institute of Industrial Engineering, and Symbiosis Institute of Business Management (SIBM).
(7). What is the average salary of an MBA graduate in Maharashtra?
Ans. Rs. 17-20 LPA.
(8). Which is the best MBA college in Pune?
Ans. Pune is home to some of the best MBA colleges in Maharashtra including SIBM Pune, Flame University, and PUMBA.
(9). Is Nagpur University good for MBA?
Ans. Yes, Nagpur University is one of the best institutes in Maharashtra offering an MBA. Nagpur University offers good facilities and quality education along with creative internship packages with high ROI.
(10). How can I enroll for an MBA at IIM?
Ans. IIMs grant admission on 2 bases:
(i) For domestic students: CAT results will be taken into consideration.
(ii) For international students: the GMAT score will be taken into account.
(11). Is Amity Mumbai a good MBA candidate?
Ans. Amity Mumbai admits students based on various criteria like CAT, XAT, NMAT, MAT, GMAT, etc. The average internship package is around Rs. 3-4 lakh.
(12). Which IIT is best for an MBA?
Ans. IIT Bombay has proven its caliber in management education. In the current NIRF rankings, the institute was ranked first in Maharashtra. QS has also recognized IIT Bombay as the best university in India.
(13). Which MBA is the most profitable?
Ans. According to the latest trends, MBA Business Analytics and MBA Marketing are the most profitable MBA specializations.
(14). Which MBA colleges in Maharashtra provide the best placement?
Ans. IIM Mumbai - Indian Institute of Management, Mumbai
(15). Which MBA college has the highest average package?
Ans. Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai
(16). Is the Marketing branch the best course in MBA for a higher salary?
Ans. Yes, the Marketing branch is the best course in MBA for a higher salary.
(17). Which college is best for Marketing placement?
Ans. IIM Mumbai - Indian Institute of Management, Mumbai
(18). Which MBA colleges in Maharashtra are for direct admission after the 12th?
Ans. Here are some of the MBA colleges in Maharashtra for direct admission after the 12th.
(19). Which college is best in Maharashtra for a MBA degree?
Ans. Here are some of the best MBA colleges in Maharashtra.
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