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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.
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 |
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.
Name of the College | Eligibility Criteria |
Indian Institute of Technology Bombay |
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Symbiosis Institute of Business Management |
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IIM Nagpur |
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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.
Name of the College | NIRF Rank | NIRF management ranking Score |
11 | 65.5 | |
12 | 62.87 | |
S. P. Jain Institute of Management and Research (SPJIMR, Mumbai) | 18 | 56.98 |
22 | 55.82 | |
24 | 55.44 | |
40 | 47.38 | |
46 | 45.50 | |
60 | 44.71 | |
Bharati Vidyapeeth’s Institute of Management and Entrepreneurship Development | 63 | 44.02 |
Principal L N Welingkar Institute of Management Development and Research | 68 | 43.40 |
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.
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 |
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.
Candidates can check the admission process of some of the best MBA colleges in Maharashtra here-
Bharati Vidyapeeth’s Institute of Management and Entrepreneurship Development Admission Process
Principal L N Welingkar Institute of Management Develop Admission Process
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.
Name of the College | Placement Statistics | Top Recruiters |
Indian Institute of Technology Bombay |
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NITIE Mumbai |
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SPJIMR, Mumbai |
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SIBM Pune |
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Indian Institute of Management, Nagpur |
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K. J. Somaiya Institute of Management Studies & Research |
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Institute of Management Technology, Nagpur |
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Bharati Vidyapeeth’s Institute of Management and Entrepreneurship Development |
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Principal L N Welingkar Institute of Management Development and Research |
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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.
Name of the College | Detailed Fee Structure | MBA Fees |
IIT Bombay Fees | Rs 9.55 lakhs | |
National Institute of Industrial Engineering Fees | Rs 10.83 lakhs | |
S. P. Jain Institute of Management and Research Fees (SPJIMR, Mumbai) | Rs 8.00 lakhs - Rs 17.50 lakhs | |
Symbiosis Institute of Business Management Fees | Rs 14.40 lakhs - Rs 25.40 lakhs | |
School of Business Management SVKM's Narsee Monjee Institute of Management Studies, Mumbai | Rs 20.84 lakhs | |
IIM Nagpur Fees | Rs 13.74 lakhs | |
K. J. Somaiya Institute of Management Studies & Research Fees | Rs 16.19 lakhs | |
IMT Nagpur Fees | Rs 11.94 lakhs | |
Bharati Vidyapeeth’s Institute of Management and Entrepreneurship Development Fees | Rs 4.50 lakhs | |
Principal L N Welingkar Institute of Management Development and Research Fees | Rs 1.60 lakhs |
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.
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 |
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.
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 |
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.
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
JBIMS Mumbai
KJ Somaiya SIMSR
Welingkar Mumbai - Prin LN Welingkar Institute of Management Development and Research
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.
Name of the College | Cutoff Links |
Indian Institute of Technology Bombay | |
K. J. Somaiya Institute of Management Studies & Research | |
Principal L N Welingkar Institute of Management Development and Research |
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-
PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University
SCMHRD Pune - Symbiosis Centre for Management and Human Resource Development
School of Business Management SVKM's Narsee Monjee Institute of Management Studies, Mumbai
KJ Somaiya SIMSR
Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development, Pune
2. Top MBA in Business Administration Colleges in Maharashtra
ITM Navi Mumbai - ITM Business School
3. Best MBA in Human Resource Management Colleges in Maharashtra
JBIMS Mumbai
School of Business Management SVKM's Narsee Monjee Institute of Management Studies, Mumbai
KJ Somaiya SIMSR
4. Top MBA in International Business Colleges in Maharashtra
School of Management, Dr DY Patil University, Navi Mumbai
KJ Somaiya SIMSR
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.
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.