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    Top MBA Colleges in Maharashtra

    MBA Colleges in Maharashtra - Worried about shortlisting the best MBA college in Maharashtra? You are at the right place! Yes, if you are facing difficulty in shortlisting the best suited MBA college in Maharashtra for you, Careers360 is there to help. Here, we provide the list of MBA colleges in Maharashtra along with various details like eligibility criteria, admission process, placement records, fee structure, cutoff, etc. Candidates can check the list of MBA colleges in Maharashtra to make an informed decision.

    Also, check here the list of top MBA colleges in Maharashtra as per various rankings like NIRF, Careers360, etc. Students can also check the list of entrance exams accepted by the best MBA colleges in Maharashtra along with the list of MBA specializations provided by them. Read here to check the complete list of MBA colleges in Maharashtra along with all the details.

    MBA Colleges in Maharashtra- Highlights

    Number of MBA Colleges in Maharashtra

    1004 MBA Colleges 

    Type of Colleges

    Public/Government and Private Colleges


    Private- 949 Colleges

    Public/Government- 55 Colleges

    Colleges Affiliated to

    AICTE (All India Institute of Technical Education)


    NAAC (National Assessment and Accreditation Council)


    UGC (University Grants Commission)

    Admission Process

    Mostly through Entrance exams like CAT, XAT, MAT, ATMA, MAH MBA CET, etc.

    Specializations offered by MBA Colleges in Maharashtra

    Some of the specializations offered are-

    Average Fees

    Rs 1.0 lakhs- Rs 25 lakhs

    MBA Colleges in Maharashtra - Eligibility Criteria

    All the candidates willing to get admission to the top MBA colleges in Maharashtra must fulfil the eligibility criteria set by these colleges. Candidates should check the minimum eligibility criteria set by the list of MBA colleges in Maharashtra beforehand as no candidate will be eligible for final admission if he/she does not satisfy the minimum criteria. Here is the basic eligibility criteria for getting admission in MBA colleges in Maharashtra.

    • Candidates should have passed the relevant undergraduate degree with required aggregate percentage marks.

    • The required minimum percentage in the qualifying exam varies as per the institute.

    • Candidates must also qualify the required entrance exam accepted by the college.

    Eligibility Criteria of Top MBA Colleges in Maharashtra

    Name of the College

    Eligibility Criteria

    Indian Institute of Technology Bombay

    • Candidates should have a Bachelor’s or Master’s degree from a UGC recognized University with 60% (55% for SC/ST).

    • Candidates should have valid CAT scores.

    Symbiosis Institute of Business Management

    • Applicants should be a graduate from a recognized University with minimum 50% marks.

    • For SC/ST students a minimum 45% grade is required.

    • (Students appearing their final year examination also can apply)

    IIM Nagpur

    • Bachelor's degree and CAT score that clears the cutoff (domestic)

    • OR

    • Undergraduate degree (Minimum 3-year degree) by University recognized by AIU WITH 50% marks or equivalent GPA

    • Valid GMAT Score with a minimum score of 600 (overseas) 

    MBA Colleges in  Maharashtra (Based on NIRF ranking)

    Every year, MHRD (now the Education Ministry) releases the NIRF ranking of the colleges in the country based on various parameters. Candidates looking for best MBA colleges in Maharashtra should consider NIRF rankings to shortlist the top colleges in the state. Check here the name of the top MBA college in Maharashtra as per NIRF ranking.

    Top MBA Colleges in Maharashtra as per NIRF Ranking

    MBA Colleges in  Maharashtra (Based on Careers360 ranking)

    Careers360 releases a ranking of the MBA colleges in the country based on different parameters like facilities offered, placements, fee structure, etc. Candidates aiming to get admission in the best MBA colleges in Maharashtra must check this ranking to make a better decision on a college for them. The following table can be referred to check the list of MBA colleges in Maharashtra as per Careers360 rankings.

    Top MBA Colleges in  Maharashtra as per Careers360 Ranking

    Name of the College

    Careers360 Ranking

    NITIE Mumbai - National Institute of Industrial Engineering

    10

    SJMSOM IIT Bombay - Shailesh J Mehta School of Management Indian Institute of Technology

    11

    SPJIMR, Mumbai

    15

    SIBM Pune - Symbiosis Institute of Business Management

    32

    School of Business Management SVKM's Narsee Monjee Institute of Management Studies, Mumbai

    33

    JBIMS Mumbai - Jamnalal Bajaj Institute of Management Studies

    34

    IIM Nagpur - Indian Institute of Management

    39

    KJ Somaiya SIMSR - K J Somaiya Institute of Management

    51

    Welingkar Mumbai - Prin LN Welingkar Institute of Management Development and Research

    54

    IMT Nagpur - Institute of Management Technology

    55

    Admission Process for MBA Colleges in Maharashtra

    Candidates aiming to get admission to the best MBA colleges in Maharashtra must check the process beforehand. Knowledge of admission processes of MBA colleges in Maharashtra will help the students to understand the detailed process along with the important deadlines. The basic admission process of the MBA colleges in Maharashtra is given below-

    • Apply for admission on the official website of the college.

    • Appear for the entrance exam of the respective college or the national level entrance exam accepted by the college.

    • Those shortlisted on the basis of entrance exam scores are called for the counselling process.

    List of MBA Colleges in Maharashtra - Admission Process

    Candidates can check the admission process of some of the best MBA colleges in Maharashtra here-

    MBA Colleges in Maharashtra - Placements

    Placement records of any colleges show how the students of the college have got placed in top companies. Every student wishes to get a well-settled job after completing their course, thus a proper analysis of the placement data of MBA colleges in Maharashtra must be done. Here is the list of MBA colleges in Maharashtra (top) along with their placement data.

    List of MBA Colleges in Maharashtra - Placement Records

    Name of the College

    Placement Statistics

    Top Recruiters

    Indian Institute of Technology Bombay

    Click Here

    • Accenture

    • Cochlear

    • JPMC

    • P&G

    • PWC

    • Marico

    • ICICI Bank

    • Infosys

    • Yes Bank

    NITIE Mumbai

    Click Here

    • TATA Sky

    • ITC

    • Diageo

    • Yes Bank

    • Cipla

    • Cloudtail

    • Dabur

    • Google

    SPJIMR, Mumbai

    Click Here

    • Asian Paints

    • Alcon

    • Capgemini

    • Citibank

    • Microsoft

    • Uber

    • Goldman Sachs

    • ITC

    • Deloitte

    SIBM Pune

    Click Here

    • Becton Dickinson India Pvt. Ltd.

    • Tata Steel Limited and Texas Instruments (India) Pvt. Ltd.

    • J.P. Morgan Chase and Co.

    • Godrej Industries Limited and Associate Companies

    • ITC Limited

    • Hindustan Unilever Limited

    Indian Institute of Management, Nagpur

    Click Here

    • Deloitte

    • JLL

    • TVS

    • Amazon

    • OLX

    • Value Labs

    K. J. Somaiya Institute of Management Studies & Research

    Click Here

    • Accenture

    • Vodafone

    • Dell

    • Axis Bank

    • DHL

    • Puma

    • Amazon

    • Hero

    Institute of Management Technology, Nagpur

    Click Here

    • IPSOS Research

    • eClerx

    • Nielsen

    • Maven Magnets

    • Meredith

    • Markets & Markets

    • The Hackett Group

    • Global data Research Co

    Bharati Vidyapeeth’s Institute of Management and Entrepreneurship Development

    Click Here

    • Accenture

    • Exide Industries Ltd.

    • IndusInd Bank

    • Axis Bank

    • Wipro

    • Jubilant Motorworks (Audi)

    Principal L N Welingkar Institute of Management Development and Research

    Click Here

    • Accenture

    • K Raheja Corp

    • Lexi Private Limited

    • Alight Solutions

    • Kalpataru Ltd

    • Lifestyle

    • Amazon

    • Kantar Group

    MBA Colleges in Maharashtra - Course Fees

    Candidates willing to get admission in MBA colleges in Maharashtra should also analyse the fee structure of these colleges before choosing the best suited one for themselves. A proper analysis of the fee charged by the MBA colleges in Maharashtra and facilities offered by them should be done by the candidates. Here is the list of top MBA colleges in Maharashtra along with their fee structure.

    Fee Structure of Best MBA Colleges in Maharashtra

    Name of the College

    Detailed Fee Structure

    MBA Fees

    IIT Bombay Fees

    Click Here

    Rs 9.55 lakhs

    National Institute of Industrial Engineering Fees

    Click Here

    Rs 10.83 lakhs

    S. P. Jain Institute of Management and Research Fees (SPJIMR, Mumbai)

    Click Here

    Rs 8.00 lakhs - Rs 17.50 lakhs

    Symbiosis Institute of Business Management Fees

    Click Here

    Rs 14.40 lakhs - Rs 25.40 lakhs

    School of Business Management SVKM's Narsee Monjee Institute of Management Studies, Mumbai

    Click Here

    Rs 20.84 lakhs

    IIM Nagpur Fees

    Click Here

    Rs 13.74 lakhs

    K. J. Somaiya Institute of Management Studies & Research Fees

    Click Here

    Rs 16.19 lakhs

    IMT Nagpur Fees

    Click Here

    Rs 11.94 lakhs

    Bharati Vidyapeeth’s Institute of Management and Entrepreneurship Development Fees

    Click Here

    Rs 4.50 lakhs

    Principal L N Welingkar Institute of Management Development and Research Fees

    Click Here

    Rs 1.60 lakhs

    Government MBA Colleges in Maharashtra

    There are a total of 55 government MBA colleges in Maharashtra. Candidates aiming to get admission in the government MBA colleges in Maharashtra must check the names of the colleges. The following table can be referred to check the best government MBA colleges in Maharashtra as per NIRF or Careers360 rankings.

    Top Government MBA Colleges in Maharashtra

    Name of the College

    NIRF/ Careers360 Ranking

    SJMSOM IIT Bombay - Shailesh J Mehta School of Management Indian Institute of Technology

    NIRF rank- 11

    NITIE Mumbai

    NIRF rank- 12

    JBIMS Mumbai 

    Careers360 rank- 34

    IIM Nagpur

    NIRF rank- 40

    SIMSREE Mumbai - Sydenham Institute of Management Studies Research and Entrepreneurship Education

    Careers360 rating- AAA

    Private MBA Colleges in Maharashtra

    There are 949 private MBA colleges in Maharashtra. Students aiming for admission in the best MBA colleges in Maharashtra must check the list of top private colleges in the state. The following table can be referred to check the list of top private MBA colleges in Maharashtra as per NIRF or Careers360 rankings.

    Top Private MBA Colleges in Maharashtra

    Name of the College

    NIRF/ Careers360 Ranking

    SPJIMR, Mumbai

    NIRF rank- 18

    SIBM Pune

    NIRF rank- 22

    SVKM's Narsee Monjee Institute of Management Studies

    NIRF rank- 24

    KJ Somaiya SIMSR

    NIRF rank- 46

    IMT Nagpur

    NIRF rank- 60

    Welingkar Mumbai - Prin LN Welingkar Institute of Management Development and Research

    NIRF rank- 68

    MBA Colleges in Maharashtra: Entrance Exams

    Candidates aiming to get admission in the MBA colleges in Maharashtra are required to qualify the relevant entrance exam to be considered for admission. Some of the entrance exams accepted by the top MBA colleges in Maharashtra are CAT, XAT, MAT, CMAT, GMAT, ATMA, MAH MBA CET, IBSAT, NPAT, SNAP, etc. Check the list of entrance exams accepted by the best MBA colleges in Maharashtra here.

    1. Common Aptitude Test (CAT)

    CAT is an online test conducted for admission to various postgraduate and fellow programmes of IIMs. The entrance exam has questions spread over three sections- Verbal Ability and Reading Comprehension (VARC); Data Interpretation & Logical Reasoning (DILR) and Quantitative Ability (QA).

    MBA Colleges in Maharashtra Accepting CAT Scores

    Here is the list top MBA colleges in Maharashtra accepting CAT scores for admission-

    • NITIE Mumbai

    • SJMSOM IIT Bombay - Shailesh J Mehta School of Management Indian Institute of Technology

    • SPJIMR, Mumbai

    • IIM Nagpur 

    • KJ Somaiya SIMSR

    2.  Management Aptitude Test (MAT)

    The All India Management Association (AIMA) conducts the national-level MBA entrance test known as Management Aptitude Test or MAT. It is an entrance exam that is conducted four times in a year - February, May, September, and December.

    Top MBA Colleges in Maharashtra Accepting MAT Scores

    • SPJIMR, Mumbai

    • Welingkar Mumbai - Prin LN Welingkar Institute of Management Development and Research

    • BIMM Pune 

    • Pune Institute of Business Management, Pune

    3. MAH MBA CET

    It is a state-level entrance exam conducted every year for admission in MBA and MMS courses offered by the participating institutes. MAH MBA CET is an online exam.

    Top MBA Colleges in Maharashtra Accepting MAH MBA CET Scores

    MBA Colleges in Maharashtra - Cutoff

    As there are so many MBA colleges in Maharashtra, all these colleges release different cutoffs for admission of candidates in the course. The cutoff varies as per various factors like difficulty level of the entrance test, availability of seats, previous year cutoff trends, etc. The following table can be referred to check the cutoffs of top MBA colleges in Maharashtra.

    Cutoff of Best MBA Colleges in Maharashtra

    Name of the College

    Cutoff Links

    Indian Institute of Technology Bombay

    Click Here

    Pune Institute of Business Management, Pune

    Click Here

    K. J. Somaiya Institute of Management Studies & Research

    Click Here

    Principal L N Welingkar Institute of Management Development and Research

    Click Here

    MBA Colleges in Maharashtra- Branch-wise

    Various specializations of management course are offered by the MBA colleges in Maharashtra. Some of them are- General Management; Hospitality Management; Business Administration; Financial Services; Human Resource Management, International Business; etc.Check the list of MBA colleges in Maharashtra offering different specializations here.

    1. Best MBA in General Management Colleges in Maharashtra

    Some of the colleges offering MBA in General Management in Maharashtra are-

    2. Top MBA in Business Administration Colleges in Maharashtra

    3. Best MBA in Human Resource Management Colleges in Maharashtra

    4. Top MBA in International Business Colleges in Maharashtra

    MBA Colleges in Nearby Locations

    Candidates can also check the list of MBA colleges in the nearby states of Maharashtra. Here is a list of some of the colleges in the neighboring cities of Maharashtra.

    Frequently Asked Questions (FAQs) 

    Q1. Which is the best MBA college in Maharashtra?

    Top MBA college in Maharashtra as per NIRF ranking is IIT Bombay.

    Q2. How many MBA colleges are there in Maharashtra?

    There are 1004 MBA colleges in Maharashtra.

    Q3. Which is the best MBA college in Maharashtra to get admission on the basis of CAT scores?

    The best MBA college in Maharashtra for admission on the basis of CAT scores is NITIE Mumbai.

    Q4. Which are the top 5 MBA colleges in Maharashtra?

    The top 5 MBA colleges in Maharashtra are- IIT Bombay, NITIE Mumbai, SPJIMR, Mumbai, SIBM Pune and SVKM's Narsee Monjee Institute of Management Studies.

    Q5. What is the fee of IIT Bombay?    

    The fee of IIT Bombay for MBA is Rs 9.55 lakhs.

    Q6. Can I get admission in any MBA college in Maharashtra without CAT scores?

    Yes, there are various other entrance exams like XAT, MAT, CMAT, GMAT, ATMA, MAH MBA CET, SNAP, etc. through which you can get admission in MBA colleges in Maharashtra.

    Q7. Which is the top government MBA college in Maharashtra?

    The top government MBA college in Maharashtra is SJMSOM IIT Bombay.

    Q8. Which are the most popular specializations in the MBA colleges in Maharashtra?

    The most popular specializations in MBA colleges in Maharashtra are- General Management, Human Resource Management, International Business, Business Administration, etc.

    Q9. Which is the best private MBA college in Maharashtra?

    The best private MBA college in Maharashtra as per NIRF rankings is SPJIMR, Mumbai.

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    • Maharashtra

    AGBS Mumbai - Amity Global Business School, Mumbai

    Mumbai City, Maharashtra
    4.0/51 Review
    Private

    AGBS Mumbai - Amity Global Business School, Mumbai

    Mumbai City, Maharashtra Private 4.0/51 Review
    GDBA and BBA
    • Fees : 5.99 Lakhs
    100+ Brochures downloaded so far
    100+ Brochures downloaded so far

    AGBS Pune - Amity Global Business School, Pune

    Pune, Maharashtra
    3.5/52 Reviews
    Private
    GDBA and BBA
    • Fees : 2.20 Lakhs
    100+ Brochures downloaded so far
    100+ Brochures downloaded so far

    ASMSOC Mumbai - Anil Surendra Modi School of Commerce, Mumbai

    Mumbai, Maharashtra
    4.1/58 Reviews
    Private
    BBA
    • Exams : NPAT
    • Fees : 9.06 Lakhs
    100+ Brochures downloaded so far
    100+ Brochures downloaded so far

    BCACS Pune - Balaji College of Arts Commerce and Science, Pune

    Dattwadi, Maharashtra
    Private
    BBA
      100+ Brochures downloaded so far
      100+ Brochures downloaded so far

      BDCE Wardha - Bapurao Deshmukh College of Engineering, Wardha

      Wardha, Maharashtra
      3.0/53 Reviews
      Private
      MBA
        100+ Brochures downloaded so far
        100+ Brochures downloaded so far

        BELHE Pune - Samarth Group of Institutions, Pune

        Belhe, Maharashtra
        3.0/51 Review
        Private
        MBA
        100+ Brochures downloaded so far
        100+ Brochures downloaded so far

        BITSOM Mumbai - BITS School of Management, Mumbai

        Mumbai, Maharashtra
        Private
        MBA
        100+ Brochures downloaded so far
        100+ Brochures downloaded so far

        BMIT Solapur - Brahmdevdada Mane Institute of Technology, Solapur

        Solapur, Maharashtra
        5.0/51 Review
        Private
        MBA
        100+ Brochures downloaded so far
        100+ Brochures downloaded so far

        BMS Thane - GR Patil College of Arts Science Commerce and BMS, Thane

        Thane, Maharashtra
        Private
        BMS
          100+ Brochures downloaded so far
          100+ Brochures downloaded so far

          BVIMSR Navi Mumbai - Bharati Vidyapeeth's Institute of Management Studies and Research, Navi Mumbai

          Navi Mumbai, Maharashtra
          3.0/52 Reviews
          Private
          Careers360 Rating: AAA
          MMS
          100+ Brochures downloaded so far
          100+ Brochures downloaded so far

          BYK Nasik - BYK Sinnar College of Commerce, Nasik

          Nashik, Maharashtra
          4.8/59 Reviews
          Private
          BBA
          100+ Brochures downloaded so far
          100+ Brochures downloaded so far

          CIM Lavasa - Christ Institute of Management, Pune

          Lavasa, Maharashtra
          3.9/55 Reviews
          Private
          MBA
            100+ Brochures downloaded so far
            100+ Brochures downloaded so far

            COEP Pune - COEP Technological University, Pune

            Pune, Maharashtra
            Public/Govt
            MBA
              5000+ Brochures downloaded so far
              5000+ Brochures downloaded so far

              CPC Nagpur - City Premier College, Nagpur

              Nagpur, Maharashtra
              4.5/56 Reviews
              Private

              CPC Nagpur - City Premier College, Nagpur

              Nagpur, Maharashtra Private 4.5/56 Reviews
              BBA
                100+ Brochures downloaded so far
                100+ Brochures downloaded so far

                DIAT Pune - Defence Institute of Advanced Technology, Pune

                Pune, Maharashtra
                Public/Govt
                M.Tech Technology Management
                • Exams : GATE
                • Fees : 1.24 Lakhs
                600+ Brochures downloaded so far
                600+ Brochures downloaded so far

                DPCOE Pune - Dhole Patil College of Engineering, Pune

                300+ Brochures downloaded so far
                300+ Brochures downloaded so far

                DPU Pune - Dr DY Patil Vidyapeeth, Pune

                Pimpri-Chinchwad, Maharashtra
                3.5/52 Reviews
                Private

                DPU Pune - Dr DY Patil Vidyapeeth, Pune

                Pimpri-Chinchwad, Maharashtra Private 3.5/52 Reviews
                MBA
                100+ Brochures downloaded so far
                100+ Brochures downloaded so far

                DYPIET Pimpri - Dr DY Patil Institute of Technology, Pune

                Pune, Maharashtra
                Private
                MBA
                1500+ Brochures downloaded so far
                1500+ Brochures downloaded so far

                DYPUSM Mumbai - School of Management, Dr DY Patil University, Navi Mumbai

                Navi Mumbai, Maharashtra
                3.1/56 Reviews
                Private

                DYPUSM Mumbai - School of Management, Dr DY Patil University, Navi Mumbai

                Navi Mumbai, Maharashtra Private 3.1/56 Reviews
                Careers360 Rating: AA+
                Careers360 Rating: AA+
                BBA Banking and Insurance
                600+ Brochures downloaded so far
                600+ Brochures downloaded so far

                GCC Pune - Mes's Garware College of Commerce, Pune

                Pune, Maharashtra
                Private
                BBA
                300+ Brochures downloaded so far
                300+ Brochures downloaded so far

                GECA Aurangabad - Government College of Engineering, Aurangabad

                Aurangabad, Maharashtra
                Public/Govt
                ME Production Management Part Time
                • Exams : GATE
                • Fees : 1.62 Lakhs
                300+ Brochures downloaded so far
                300+ Brochures downloaded so far
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