Top MBA Colleges in Aurangabad 2024-2025: Ranking, Fees, Cut-off, Courses, Placements, Admission

Written By universitykart team | Last updated date Jun, 28, 2024

Top MBA Colleges in Aurangabad 2024-25 - Check the list of the best MBA (Master of Business Administration) colleges in Aurangabad, Maharashtra with ranking, fees, cut-off, admission, brochure, placements, reviews, entrance exams, and eligibility criteria.

Aurangabad is a city in Maharashtra, well known for its management education. A total of 16 top MBA colleges in Aurangabad. 12 MBA colleges are private and 4 MBA colleges are government. MIT School of Management, MGM Institute of Management, IIM Bodh Gaya (Near Aurangabad), and Dr. Babasaheb Ambedkar Marathwada University are some popular MBA colleges in Aurangabad city that offer MBA courses with specializations. Almost all MBA colleges in Aurangabad are affiliated with Dr. Babasaheb Ambedkar Marathwada University (DBAMU).

As per Outlook rankings, Marathwada Institute of Management and Research is ranked 134 among the Best MBA colleges in Aurangabad. Top MBA colleges in Aurangabad offer admission to MBA courses based on entrance exams, whereas some colleges offer direct Admission to MBA courses. CAT, MAHCET, XAT, SNAP, NMAT, etc. are a few entrance exams that are accepted by the best MBA college in Aurangabad (Maharashtra).

Government College of Engineering (GCE), Dr Babasaheb Ambedkar Marathwada University, and Marathwada Institute of Management are top government MBA colleges in Aurangabad. Whereas top private MBA colleges in Aurangabad are MIT School of Management, and MGM Institute of Management, acknowledged for their distinguished faculty and modern infrastructure.

MBA tuition fees in top universities in Aurangabad range from Rs. 1,50,000-9,00,000 per year. The Best MBA colleges in Aurangabad offer attractive internship packages and the average CTC for students ranges between Rs. 5,00,000-12,00,000.

Highlights of Top MBA College in Aurangabad 2024-25

MBA course stands for Master of Business Administration. It is a 2-year duration course offered by the many top MBA colleges in Aurangabad. This course is offered by most of the MBA colleges in Aurangabad full-time. But in Aurangabad, some colleges offer MBA courses in Distance, Part-time, and Online modes. This course helps to inculcate management skills into the student during the course duration. It is a worldwide professional program that provides various best courses in MBA colleges in Aurangabad.

Key highlights for an MBA from Aurangabad College are:

Particular

Value

No. of Colleges

16

Admission Process

Accepts scores from entrance exams like MAHCET, CATMATXAT, etc.

Outlook ranked college

Deogiri Institute of Engineering and Management Studies, Aurangabad

India Today Ranked college

MGM Institute of Management & Research, Aurangabad

Approved by

AICTE, NBA, AIU, UGC

Fees

Rs. 10,000-2,00,000

MBA Specializations

Finance, Human Resources, Sales & Marketing, Operations, Business Economics, etc.

Top MBA colleges in Aurangabad 2024-25

There are a total of 16 best MBA colleges in Aurangabad that offer MBA courses. Out of these 16 MBA colleges, 14 colleges are private, and 4 colleges are government. Top MBA colleges in Aurangabad accepted entrance exams such as MAH CET, XAT, CAT, CMAT, and MAT. The popular MBA colleges in Aurangabad (Maharashtra) are Maharashtra Institute of Technology, Rajarshi Shahu Institute of Management, Dr. Babasaheb Ambedkar Marathwada University, MGM Institute of Management and Research, Deogiri Institute of Engineering and Management Studies, etc.

Here are the top MBA colleges in Aurangabad that offer MBA courses with various specializations:

College Name

Average Fee

GS Mandal's Marathwada Institute of Technology

Rs. 80,641

Maharashtra Institute of Technology

Rs. 82,000

Shri Sai Institute Of Management & Research

Rs. 80,000

Millenium Institute of Management

Rs. 50,000

Deogiri Institute of Engineering and Management Studies

Rs. 81,000

MGM Institute of Management & Research

Rs. 1,25,000

Marathwada Institute of Management and Research

Rs. 67,000

Dr Babasaheb Ambedkar Marathwada University

Rs. 60,241

MGM University

Rs. 1,25,000

Department of Management Science, Dr Babasaheb Ambedkar Marathwada University

Rs. 60,231

S.B.E.S. College of Arts and Commerce

Rs. 6,704

Foster Development School of Management

Rs. 77,500

Rajarshi Shahu Institute of Management

Rs. 93,000

Shreeyash College of Engineering and Technology

Rs. 85,000

International Center of Excellence in Engineering & Management

Rs. 90,000

MBA Specializations: Top MBA College in Aurangabad

Master of Business Administration is a worldwide professional program in educational degrees for newcomers and students. Top MBA colleges in Aurangabad provide various specializations in various management fields for students to gain knowledge and develop their skills at the educational level.

Following is a list of the MBA course specializations at the best MBA colleges in Aurangabad:

Business Economics Entrepreneurship Information Technology
Finance Marketing Tourism Management
 Operations Management Business Analytics Data Science

Top MBA Colleges in Aurangabad: MBA seat

All over India's States have their own top MBA colleges and they provide seats for students, Aurangabad State has some extra seats provided by the state government and private colleges. These are some of the top 10 MBA colleges in Aurangabad.

Following is a list of Top MBA colleges in Aurangabad with MBA course seats are given below:

College Name

Seat

Millenium Institute of Management

240

Vivekanand Arts, Sardar Dalip Singh Commerce, and Science College

60

MGM Institute of Management & Research

120

Marathwada Institute of Management and Research

60

Deogiri Institute of Engineering and Management Studies

180

Nath School of Business and Technology

60

Maulana Azad College

60

S.B.E.S. College of Arts and Commerce

120

Shreeyash College of Engineering and Technology

68

Top private MBA colleges in Aurangabad

Top private MBA colleges are mostly famous for their facilities and their educational quality. Rajarshi Shahu Institute of Management, MGM Institute of Management & Research, Deogiri Institute of Engineering and Management Studies, etc. are the top 3 private MBA colleges in Aurangabad and are famous for Aurangabad's best MBA colleges.

A list given below is the top private MBA colleges in Aurangabad that offer MBA courses:

College Name

Average Fee

Rajarshi Shahu Institute of Management

Rs. 1,86,000

MGM Institute of Management & Research

Rs. 2,67,000

Deogiri Institute of Engineering and Management Studies

Rs. 1,62,000

Maharashtra Institute of Technology

Rs. 12,00,000

Shreeyash College of Engineering and Technology

Rs. 1,34,000

Top Government MBA Colleges in Aurangabad

The government MBA colleges are more pocket-packed for middle-class students and are also reliable and affiliated with the state government to fund and run. Dr Babasaheb Ambedkar Technological University, Marathwada Institute of Management and Research, Dr Babasaheb Ambedkar Marathwada University, etc. are the top 3 government MBA colleges in Aurangabad and they are famous for the best MBA colleges in Aurangabad.

A list given below is the top government MBA colleges in Aurangabad that offer MBA courses:

College Name

Average Fee

Dr Babasaheb Ambedkar Technological University

Rs. 1,08,000

Marathwada Institute of Management and Research

Rs. 1,16,000

Dr Babasaheb Ambedkar Marathwada University

Rs. 1,20,000

Top MBA college in Aurangabad by Outlook Ranking

Outlook is the best organization for ranking all colleges according to their education facilities and educational development, infrastructure and growth of students. it is similar to the NIRF Ranking Organization.

A list is here in which some best colleges ranked by Outlook are given:

Rank

College Name

134

Marathwada Institute of Management and Research

142

Deogiri Institute of Engineering and Management Studies

157

MGM Institute of Management & Research

Top MBA colleges in Aurangabad for Finance

  1. Deogiri Institute of Engineering and Management Studies - [DIEMS], Aurangabad
  2. Dr Babasaheb Ambedkar Marathwada University - [BAMU], Aurangabad
  3. Maharashtra Institute of Technology - [MIT], Aurangabad
  4. Shri Sai Institute Of Management & Research - [SSIMR], Aurangabad
  5. Millenium Institute Of Management, Aurangabad

Top MBA colleges in Aurangabad for Human Resources Management

  1. Deogiri Institute of Engineering and Management Studies - [DIEMS], Aurangabad
  2. Dr Babasaheb Ambedkar Marathwada University - [BAMU], Aurangabad
  3. Maharashtra Institute of Technology - [MIT], Aurangabad
  4. Shri Sai Institute Of Management & Research - [SSIMR], Aurangabad
  5. Millenium Institute Of Management, Aurangabad

Best MBA colleges in Aurangabad for Marketing

  1. Deogiri Institute of Engineering and Management Studies - [DIEMS], Aurangabad
  2. Dr Babasaheb Ambedkar Marathwada University - [BAMU], Aurangabad
  3. Maharashtra Institute of Technology - [MIT], Aurangabad
  4. Shri Sai Institute Of Management & Research - [SSIMR], Aurangabad
  5. Millenium Institute Of Management, Aurangabad

Best MBA colleges in Aurangabad accepting MAT

  1. Deogiri Institute of Engineering and Management Studies - [DIEMS], Aurangabad
  2. MGM Institute of Management & Research - [MGM IOM & R], Aurangabad
  3. Shreeyash College of Engineering and Technology - [SYCET], Aurangabad
  4. Department of Management Science, Dr Babasaheb Ambedkar Marathwada University
  5. Jibran Quadri Institute of Management Sciences And Research - [JQIM], Aurangabad

Top MBA colleges in Aurangabad accepting CAT

  1. Deogiri Institute of Engineering and Management Studies - [DIEMS], Aurangabad
  2. MGM Institute of Management & Research - [MGM IOM & R], Aurangabad
  3. Shreeyash College of Engineering and Technology - [SYCET], Aurangabad
  4. Department of Management Science, Dr Babasaheb Ambedkar Marathwada University
  5. Jibran Quadri Institute of Management Sciences And Research - [JQIM], Aurangabad

ROI for MBA college in Aurangabad

Students always choose those colleges that on the best career define Return on Investment (ROI). When students invest their valuable money in educational purposes, they think they profit from investing after completing post-graduation and getting the placement packages through the colleges. Then students compare their college fees and their placement packages and they can easily evaluate their profit on their educational degree cost. Dr. Babasaheb Ambedkar Marathwada University, Maharashtra Institute of Technology, MGM Institute of Management & Research, etc. are the top MBA colleges in Aurangabad and are the best examples of ROI. These are the top 3 ROI colleges in Aurangabad for MBA and provide the best placement facilities for their students.

Following are some of the colleges with their average salary and course fees are as under:

College Name

Average Fee

Average Salary

Dr Babasaheb Ambedkar Marathwada University

Rs. 20,000-2,00,000

Rs. 2,00,000

Maharashtra Institute of Technology

Rs. 9,00,000-12,00,000

Rs. 2,00,000

MGM Institute of Management & Research

Rs. 3,00,000

Rs. 4,00,000

Deogiri Institute of Engineering and Management Studies

Rs. 2,00,000

Rs. 6,00,000

Eligibility Requirements for top MBA college in Aurangabad

The basic requirements for an MBA are different from college to college. Whereas, the following are the general requirements for MBA eligibility:

  1. Candidates have to complete their bachelor's degree in any discipline or an equivalent degree from a recognized university, to be eligible for an MBA (full-time).
  2. Most of the colleges adhere to the minimum mark requirement of 50% for graduation. The required mark for students in the reserved category is 45%.
  3. Candidates who are in their final year of graduation also apply for an MBA. If they can offer documentation that their degree was earned within the college-specified time frame.
Entrance exams for MBA college in Aurangabad

Top MBA colleges in Aurangabad organize top-level Entrance exams for students to get admission to the best MBA colleges with the best courses in Aurangabad MBA colleges. MAT, XAT, CAT, CMAT, ATMA, etc. are some of the best Entrance exams which are organised for admission to top MBA colleges.

Following is a table that shows the entrance exams accepted by top MBA colleges in Aurangabad:

MAH CET

ATMA

XAT

MAT

CAT

CMAT

Admission Process for MBA colleges in Aurangabad

To be included in the list of MBA colleges in Aurangabad, candidates must meet the minimum eligibility requirements and apply for admission on the official website of the respective college.

The basic admission process of the best MBA colleges in Aurangabad is mentioned below:

  1. Apply for admission on the university's official website.
  2. Pass an appropriate college entrance examination or a nationwide entrance examination recognized by the university.
  3. candidates selected based on the results of the entrance examination will be invited to participate in the counselling process.
  4. Take part in a consultation.
  5. Based on merit, also admission is granted to the MBA colleges in Aurangabad.
Top MBA colleges in Aurangabad: FAQs

(1). How many MBA colleges are there in Aurangabad?

Ans. 16 MBA colleges in Aurangabad,12 private and 4 government colleges.

(2). What are the top MBA colleges in Aurangabad?

Ans. MGM Institute of Management & Research, Deogiri Institute of Engineering and Management Studies, Vinayakrao Patil Mahavidyalaya, etc.

(3). What if the full name of XAT?

Ans. XAT's full name is Xavier Aptitude Test.

(4). Which government college is best for MBA courses in Aurangabad?

Ans. Dr Babasaheb Ambedkar Marathwada University (BAMU).

(5). What are the salaries for MBA courses in Aurangabad?

Ans. Rs. 2,00,000-6,00,000 PA.

(6). What is the full name of the CAT exam?

Ans. The full name of the CAT exam is the Common Aptitude Test.

(7). Which are the top MBA colleges in Aurangabad that offer good placements?

Ans. MIT School of Management, Dr Babasaheb Ambedkar Marathwada University (BAMU), and S.B. Jain Institute of Technology, Management, and Research.

(8). Which entrance exams are required for admission to MBA colleges in Aurangabad?

Ans. MAHCET, CAT, MAT, CMAT, GMAT, etc.

(9). Is 70% good in CAT for an MBA?

Ans. 70-80 percentile is considered a moderate score in CAT.

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