Top MBA Colleges in Pune 2025: Rankings, Fees, Courses, Admission, Placements, Cutoff

Written By universitykart team | Last updated date Nov, 23, 2024

Top MBA colleges in Pune 2025 - Check the list of the best MBA universities and colleges in Pune, Maharashtra with fee structure, cut-off, admission process, ranking, brochure, placements, entrance exams, and eligibility criteria.

MBA stands for Master of Business Administration. It is a 2-year duration course offered by the many reputed colleges and universities in Pune. This course is offered by most of the MBA colleges in Pune full-time. But in Pune, some universities and 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. Many Pune MBA colleges offer this course in specializations like Finance, Sales, Business analytics, and many more.

Highlights of Top MBA College in Pune 2024-25

Master of Business Administration is one of the most popular postgraduate degrees. An MBA typically lasts for 2 years, however, some colleges also offer 1-year programs. This program offers several job opportunities to students in the corporate sector. Students with a Bachelor's degree in any stream can pursue an MBA. This makes this course the favourite of most graduates seeking better career opportunities. SIBM Pune, SCMHRD Pune, PUMBA, IIM Nagpur, IMT Nagpur, ISB&M Pune, etc. are the best MBA colleges in Pune. Amazon, Facebook, Deloitte, Microsoft, Apple, Accenture, etc. are some top recruiters of MBA graduates in Pune.

Key highlights for an MBA from Pune College are:

Particular

Details

Type of MBA college

IIM, Government or Public, University Affiliated, Private PGDM colleges

Top MBA Colleges

SIBM Pune, SCMHRD Pune, PUMBA, IIM Nagpur, IMT Nagpur, ISB&M Pune

Approximate number of MBA colleges

200+

Fees

PUMBA (University Low Fee College): INR 1.5 to INR 2 Lakhs

Private SIU or Other University MBA Colleges: INR 8 to 20+ lakhs

Private PGDM Colleges: INR 8 to 15 lakhs

IIM Nagpur: INR 18.90 lakhs

MBA course

2 year MBA; AICTE approved PGDM; Specialized MBA; 1 year MBA for working professionals; Executive MBA; FPM and PhD program in Management

MBA specializations

General MBA, Analytics, Finance, Marketing, Human Resources, Healthcare & Hospital, Operations, International Business, IT & Systems, Business Analytics, Entrepreneurship, Family Business, Retail, Rural Management, Supply Chain and many more.

Placements

Average Placements in the Pune MBA colleges are in the range of INR 5-25+ lakhs per annum

Career Options

IT/ITES, Marketing, Finance, HR, Analytics, Operations

Top MBA college in Pune by NIRF Ranking

NIRF rankings are published annually based on data received by the framework. NIRF stands for National Institutional Ranking Framework. This platform was launched by MHRD to evaluate colleges offering higher education. NIRF ranks colleges offering higher education in 8 different streams. This ranking framework uses 5 different parameters to rank colleges. Symbiosis Institute of Business Management, National Institute of Bank Management, National Insurance Academy, etc. are some of the top-ranked MBA colleges in Pune.

A list is here in which some of the best colleges ranked by NIRF are given:

NIRF Rank

College Name

17

Symbiosis Institute of Business Management, Pune

76

National Institute of Bank Management, Pune

102

Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development, Pune

114

National Insurance Academy, Pune

117

Pune Institute of Business Management, Pune

Top MBA college in Pune by Times of India Ranking

This is a trustworthy organization and also similar to the NIRF Ranking. Times of India provides very useful information for students which helps select the best college for an MBA in their area.

A list is here of some best colleges ranked by The Times of India:

The Times Ranking

College Name

1

Symbiosis Institute of Business Management, Pune

11

Balaji Institute of International Business (BIIB), Pune

14

International School of Business And Media, Pune

16

Dr. Vishwanath Karad MIT World Peace University, School of Management, Pune

19

Lexicon Management Institute of Leadership And Excellence, Pune

20

Dr. D. Y. Patil B-School, Tathawade, Pune

24

Symbiosis Centre For Management & Human Resource Development, Hinjawadi, Pune

25

International Institute of Management Studies, Pune

27

IIEBM, Indus Business School, Wakad Pune

31

Balaji Institute of Modern Management (BIMM), Pune

Top Specializations in MBA College Pune

MBA is a multidisciplinary degree and it is offered in various specialisations in India. These courses lead to different career options and offer different types of job roles in various industries. Marketing, Finance, Systems, Human Resources, etc. are some of the best courses in top MBA colleges in Pune.

Top MBA Colleges in Pune for MBA course specializations are as shared below:

Business Economics

Entrepreneurship Information Technology

Finance

Marketing Tourism Management

Operations Management

Business Analytics Data Science

Eligibility Requirements for MBA College in Pune

The eligibility requirements for an MBA course in Pune may vary from college to college or university to university.  The basic eligibility requirement to start an MBA is as given here:

  1. Candidates must have passed graduation in any discipline or equivalent from a recognized university (full-time).
  2. 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.
  3. 3rd year graduation students are also eligible to apply for an MBA, provided they present the proof of completion of graduation degree within the duration specified by the institute.

Admission Process MBA Colleges in Pune

To get admission to an MBA college in Pune students have to follow these basic steps:

  1. Academic Eligibility criteria for MBA Admission in Pune is a minimum 3 years of bachelor’s degree with a minimum of 50% marks in any discipline
  2. Candidates have to appear in any of the entrance exams and also have to apply for MBA admission in their preferred college in Pune. Like SIBM, SCMHRD accepts the best SNAP examination score; PUMBA accepts MAH CET and CAT scores, whereas BIIB, BIMM, and other best Pune MBA colleges accept other exam scores also.
  3. Students might be shortlisted first based on their entrance test score, graduation score, and work experience if applicable.
  4. Attend the GD-PI Round after the shortlisting process.

Entrance Exams for MBA course in Pune

To get admission to a top MBA college in Pune students have to take an entrance test. These entrances may be National-level, state-level, or college-level exams.

  1. National Level Exams: CAT, MAT, CMAT, GMAT, NMAT, XAT, ATMA
  2. State Level Exam: UPTU, MHCET, Karnataka PGCET, TANCET, 
  3. College level Exam: College offer their specific test which is based on a particular college or university conducted to offer admission to students in MBA courses in their college. A few tests are SNAP, IIFT, etc.
Top MBA Colleges in Pune: Accepted Entrance Exam

Some of the MBA colleges in Pune accept only National exams like CAT, XAT, SNAP, and CMAT. Some of the MBA colleges in Pune accept state-level MBA entrance exams like MAHCET.

Here a list which mentions the entrance exams accepted by the MBA college in Pune are:

College Name

Entrance exam accepted

Score

Symbiosis Institute of Business Management, Pune

SNAP

95-97

International Institute of Management Studies, Pune

CAT, MAT, XAT, CMAT, MH-CET

70-75

Symbiosis Centre For Management & Human Resource Development, Hinjawadi, Pune

SNAP

93-95

Lexicon Management Institute of Leadership And Excellence, Pune

CAT, MAT, XAT, CMAT, MH-CET

65-70

National Insurance Academy

CAT, CMAT

70-75

Balaji Institute of Modern Management (BIMM), Pune

CAT, MAT, XAT, CMAT,  MH-CET

75-80

MITCOM Institute of Management

CAT, MAT, XAT, CMAT,  MH-CET

60-65

International School of Business and Media

CAT, MAT, XAT, CMAT,  MH-CET

75-80

International School of Management and Research

CAT, MAT, XAT, CMAT,  MH-CET

60-65

MIT School of Business

CAT, MAT, XAT, CMAT,  MH-CET

70-75

Top MBA college in Pune 2024-25

Pune, known as ‘Oxford of the East’, is an academic centre of national repute that houses several prestigious MBA colleges. It is famous as the “education hub for management” also. Some of the best MBA colleges in Pune that offer MBA courses in Pune are SIBM, SCMHRD, PUMBA, ISB&M, etc. This college offers MBA in many specializations like Finance, health, Banking, Consulting, etc.

250 MBA colleges in Pune offer MBA courses in Pune city. These colleges offer MBA in different modes such as Full-time, Part-time, Distance, and Online Modes. This course will inculcate management skills in students. These MBA course helps to provide sufficient and effective knowledge about the management industry which is required in every field. MITCON Institute of Management, International School of Management and Research, MIT School of Business, Lexicon Management Institute of Leadership and Excellence, International Institute of Management Studies, etc. are the top 5 MBA colleges in Pune.

Here is a list of Top MBA colleges in Pune given below:

College Name

Fee (in lakhs)

MITCOM Institute of Management

INR 6.10 Lakhs

International School of Management and Research

INR 6 Lakhs

MIT School of Business

INR 6.50 Lakhs

Lexicon Management Institute of Leadership And Excellence, Pune

INR 8.30 Lakhs

International Institute of Management Studies, Pune

INR 9 Lakhs

Savitribai Phule University

INR 2.45 Lakhs

National Insurance Academy

INR 11 Lakhs

Balaji Institute of Modern Management (BIMM), Pune

INR 10.70 Lakhs

International School of Business and Media

INR 12.20 Lakhs

Symbiosis Institute of Business Management, Pune

INR 24.59 Lakhs

Symbiosis Centre For Management & Human Resource Development, Hinjawadi, Pune

INR 23.75 Lakhs

Top Government MBA Colleges in Pune

There are around 10 government colleges for MBA. When we talk about pursuing an MBA so many questions arise in students' minds about the fee criteria. Because the MBA is a demanding course and its fee is also high. So don't worry here are some public colleges that offer MBA courses in Pune. MBA Fee is low compared to a private college. Savitribai Phule Pune University, National Institute of Bank Management, Indian Institute of Science Education and Research, etc. are the top 3 government colleges in Pune for MBA.

Here is a list that shows Government as well as private colleges for MBA courses in Pune:

College Name

Total Tuition Fees

Savitribai Phule Pune University (PUMBA)

INR 1-2 Lakhs

National Institute of Bank Management (NIBM)

INR 12-13 Lakhs

Indian Institute of Science Education and Research (IISER)

INR 1-2 Lakhs

National Insurance Academy

INR 9-10 Lakhs

Gokhale Institute of Politics and Economics (GIPE)

INR 2-3 Lakhs

Department of Management Sciences (PUMBA), Pune University

INR 1-2 Lakhs

Yashwantrao Chavan Academy of Development Administration (YASHADA)

INR 1-1.5 Lakhs

College of Engineering Pune (COEP)

INR 2-3 Lakhs

Indian Institute of Cost and Management Studies & Research (IndSearch)

INR 1-1.5 Lakhs

Deccan Education Society's Institute of Management Development and Research (IMDR)

INR 1-1.5 Lakhs

Top Private MBA Colleges in Pune

MBA is one of the most popular PG degrees in Pune. A lot of private universities and colleges are offering this course in different specialisations. There are around 240 private MBA colleges in Pune. They offer world-class education and facilities to students. They have strong industry connections through which they ensure the best placement. This makes them quite popular among MBA aspirants in Pune. Symbiosis Institute of Business Management, Balaji Institute of Modern Management, Pune Institute of Business Management, etc. are the top 3 private colleges for MBA in Pune.

Here is a list that shows private colleges for MBA courses in Pune:

College Name

Total Tuition Fees (Approx.)

Symbiosis Institute of Business Management, Pune

INR 18-20 Lakhs

Balaji Institute of Modern Management (BIMM), Pune

INR 8-10 Lakhs

Pune Institute of Business Management (PIBM)

INR 6-7 Lakhs

MIT School of Business

INR 7-8 Lakhs

International School of Business and Media

INR 8-9 Lakhs

Flame University School of Business

INR 15-17 Lakhs

Indira Institute of Management (IIMP)

INR 5-6 Lakhs

Sinhgad Institute of Management (SIOM)

INR 4-5 Lakhs

Balaji Institute of Telecom and Management (BITM)

INR 8-10 Lakhs

Christ Institute of Management (CIM)

INR 6-7 Lakhs

Top 5 MBA Colleges in Pune for Finance

  1. Symbiosis Institute of Business Management - [SIBM], Pune
  2. IIEBM Indus Business School - [IIEBM IBS], Pune
  3. International School of Business and Media - [ISB&M] Nande, Pune
  4. Balaji Institute of Modern Management - [BIMM], Pune
  5. Balaji Institute of Management and Human Resource Development - [BIMHRD], Pune

Top MBA colleges in Pune for Human Resources Management

  1. Symbiosis Institute of Business Management - [SIBM], Pune
  2. IIEBM Indus Business School - [IIEBM IBS], Pune
  3. International School of Business and Media - [ISB&M] Nande, Pune
  4. Balaji Institute of Modern Management - [BIMM], Pune
  5. Balaji Institute of Management and Human Resource Development - [BIMHRD], Pune

Best MBA colleges in Pune for Marketing

  1. Symbiosis Institute of Business Management - [SIBM], Pune
  2. IIEBM Indus Business School - [IIEBM IBS], Pune
  3. International School of Business and Media - [ISB&M] Nande, Pune
  4. Balaji Institute of Modern Management - [BIMM], Pune
  5. MIT World Peace University - [MIT-WPU], Pune

Placement for Top MBA Colleges in Pune

The top MBA college in Pune offers several job and career opportunities given the diverse nature of the city’s business and economic landscape. All the best MBA colleges in Pune with a placement record of 100% make this city a preferred MBA destination. These MBA colleges offer a high average salary in the range of INR 5-20+ LPA in final placements. Symbiosis Institute of Business Management, IIM Nagpur, Balaji Institute of Modern Management, etc. are the top 3 MBA colleges for placement in Pune.

  1. Indian Automotive companies: Like Bajaj Group, Tata Motors, Mahindra & Mahindra, Mercedes Benz, Force Motors (Firodia-Group), and Kinetic Motors have large setups in Pune.
  2. International automotive companies: Like General Motors, Land Rover, Jaguar, Volkswagen, and Fiat have set up greenfield facilities near Pune.

Here is a list of the placement of the best MBA colleges in Pune and average salary packages are given below:

College Name

Salary (in Lakh)

Symbiosis Institute of Business Management, Pune

INR 26.77 Lakhs

Symbiosis Centre For Management & Human Resource Development, Hinjawadi, Pune

INR 23.83 Lakhs

Department of Management Sciences (PUMBA), Pune University

INR 8.85 Lakhs

Balaji Institute of Modern Management (BIMM), Pune

INR 8.25 Lakhs

International School of Business and Media

INR 8.80 Lakhs

MIT School of Business

INR 4.90 Lakhs

International Institute of Management Studies, Pune

INR 7.50 Lakhs

Lexicon Management Institute of Leadership And Excellence, Pune

INR 6.50 Lakhs

National Insurance Academy

INR 10.30 Lakhs

MITCOM Institute of Management

INR 4.50 Lakhs

International School of Management and Research

INR 5.60 Lakhs

Top MBA College in Pune: FQAs

Ques. How many colleges in Pune offer MBA courses?

Ans. There are more than 250+ colleges that offer MBA courses in Pune.

Ques. Which college is best to offer an MBA in Pune?

Ans. SIBM Pune is the best college for MBA in Pune as per the latest rankings by NIRF.

Ques. Which MBA college has the best placement?

Ans. Symbiosis Institute of Business Management, Symbiosis Centre For Management And Human Resource Development, IIM Nagpur, and many more.

Ques. Is Pune University good for an MBA?

Ans. Department of Management Science, Pune (PUMBA) is one of the oldest management colleges in India.

Ques. Which MBA degree pays the most?

Ans. As per the latest trends, MBA Business Analytics and MBA Marketing have proved themselves to be the most lucrative MBA specializations.

Ques.  Which is the best college for an MBA in Pune?

Ans. Pune houses some of the top MBA colleges in Maharashtra including SIBM Pune, Flame University, and PUMBA.

Ques. What is the salary of an MBA in IT?

Ans. The average annual MBA in IT salary is INR 9.8 lakh.

Ques. How can students join an MBA in IIM?

Ans. IIMs give admissions based on:

    1. For National Students: The score of CAT is considered.
    2. For International Students: The score of GMAT is considered.

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List of Top-Ranked MBA Colleges in Pune, Maharashtra - 2025 Rankings

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