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Best MBA Colleges in Maharashtra

There are 1240 MBA colleges in Maharashtra offering MBA, PGDM, MMS, and many other courses. Best MBA colleges in Maharashtra offer MBA courses that equip students to use business and management skills to effectively run a company and give them the confidence to take on the corporate world and tackle the day-to-day issues and development of any business.MBA colleges in Maharashtra offer specializations in various fields such as accounting, finance, marketing, operations, human resources, and strategy.

Eligibility Criteria of Best MBA Colleges in Maharashtra

  • Candidates should have a bachelor's degree from a recognized university or institution in any discipline with the required aggregate following the institutions' requirements. 

  • Many MBA colleges in Maharashtra require candidates to have the necessary cut-off in a national or state-level management entrance exam. Common entrance exams include CAT, XAT, MAT, CMAT, MAH MBA CET, SNAP, and NMAT.

  • Candidates may need to fulfill any additional requirements specified by the college, such as appearing for group discussions (GD) personal interviews (PI), and written ability tests. 

  • Final-year students are also eligible to apply. 

Free tools for personalised MBA college recommendations

Use these free tools to get a list of colleges where you can apply for MBA admission based on your entrance exam score. 

Popular Entrance Exams for Best MBA Colleges in Maharashtra

  • MAH MBA CET (Maharashtra Common Entrance Test) exam consists of multiple-choice questions (MCQs) and is conducted in online (computer-based) mode. The test assesses candidates' abilities in areas such as Logical Reasoning, Abstract Reasoning, Quantitative Aptitude, Verbal Ability/Reading Comprehension, and Data Interpretation.

  • CAT: The Common Admission Test (CAT) is a national-level management aptitude test for admission to the MBA courses offered by 21 IIMs and over 1,200 B-schools in India.CAT is conducted by a different IIM each year. CAT question paper is divided into three sections: Verbal Ability and Reading Comprehension, Data Interpretation and Quantitative Aptitude

  • XAT (Xavier Aptitude Test) is a national-level management entrance examination conducted by XLRI, Jamshedpur for admission to MBA/PGDM programs.Applicants can apply to various colleges in India through XAT scores.XAT has a different paper pattern therefore the XAT Syllabus has few extra topics as compared to other management entrance Exams. It comprises four sections: Decision Making, Verbal Ability and Logical Reasoning, Quantitative Ability & Data Interpretation, and General Knowledge.

  • MAT (Management Aptitude Test) is conducted in paper-based (PBT), computer-based (CBT), and Internet-proctored (IBT) modes, providing candidates with options based on their preferences. The MAT Syllabus has various topics like English Comprehension, Quantitative Skills, and Logical Reasoning.  The MAT exam pattern comprises five sections: Language Comprehension, Mathematical Skills, Data Analysis and Sufficiency, Intelligence and Critical Reasoning, and Indian and Global Environment.

  • NMAT (Narsee Monjee Management Aptitude Test) is a computer-based test (CBT) comprising multiple-choice questions (MCQs). The NMAT exam pattern consists of three sections: Language Skills, Quantitative Skills, and Logical Reasoning. Each section is individually timed, and candidates need to complete the entire exam within the allotted time frame.

  • CMAT exam is one of the most popular MBA entrance exams in India.The Common Management Admission Test (CMAT) is a three-hour aptitude exam to choose suitable students for admission to management programmes of different colleges.The National Testing Agency (NTA) administers the CMAT for admission to MBA/PGDM courses. The CMAT receives approximately 70,000 applicants each year.

Best MBA Colleges in Maharashtra with NIRF Ranking 2023

NIRF is the National Institutional Ranking Framework a centralized ranking system that judges institutions across India per various parameters. The rankings provide valuable insights for students, parents, and policymakers to make informed decisions regarding higher education institutions.

List of the Best MBA Colleges in Maharashtra based on the NIRF Ranking 2023

College Name

NIRF 2024 Ranking

IIM Mumbai (NITIE) - Indian Institute of Management Mumbai

7

SIBM Pune - Symbiosis Institute of Business Management

17

SPJIMR Mumbai

20

IIM Nagpur - Indian Institute of Management Nagpur

43


KJSIM - K J Somaiya Institute of Management, Mumbai

45

Top MBA Colleges in Maharashtra: Fees-Wise

Given below are the lists of the best government and private MBA colleges in Maharashtra with their respective total tuition.

Best Private MBA Colleges in Maharashtra

Private College Name

Courses 

Fees

Symbiosis Pune - Symbiosis International University Pune

MBA

Rs 3,00,000-Rs 22,20,000

Amity University Mumbai

MBA

Rs 3,62,000-Rs 12,40,000

SIBM Pune - Symbiosis Institute of Business Management

MBA

Rs 15,90,000-Rs 22,20,000

Bharati Vidyapeeth Pune

MBA 

Rs 80,200-Rs 6,50,000

NMIMS Navi Mumbai

MBA 

NA 

Best Govt MBA Colleges in Maharashtra

Best MBA Colleges in Maharashtra: Admission Process 2024

Top MBA colleges in Maharashtra have a thorough admission process based on various competitive exam scores through which candidates are vetted to see if they are suitable for the course and institution. 

Listed below are the admission processes for top MBA Colleges in Maharashtra:

College Names 

Admission Process 

KJSIM - K J Somaiya Institute of Management, Mumbai

KJSIM Admissions are based on scores in CAT/ XAT/ NMAT/ GMAT/ CMAT followed by academic career, personal interview, group discussion, and written ability test.   

IIM Nagpur - Indian Institute of Management Nagpur

IIM Nagpur Admissions are based on CAT cut-off results.  

IIM Mumbai (NITIE) - Indian Institute of Management Mumbai

IIM Mumbai (NITIE) Admissions are based on CAt exam scores.  

SPJIMR Mumbai

SPJIMR Admissions  are based on CAT and GMAT scores  

SIBM Pune - Symbiosis Institute of Business Management

SIBM Admissions are based on SNAP exam scores followed by Group Exercise, Personal Interview & Written Ability Test 

Best MBA Colleges in Maharashtra: Placement-wise

Given below are the starting packages of top MBA colleges in Maharashtra and their top recruiters:

List of Best MBA Colleges in Maharashtra Median Salary and Top Recruiters

Placement Links

Median salary 

Top Recruiters

IIM Mumbai (NITIE) Placements 

Rs 31,00,000

Tata AIA Life Insurance, Tata AIG General, Edelweiss Financial Services, ETLI, Fidelity Investments, ICICI Bank

SIBM Pune Placements 

Rs 20,80,000

Aditya Birla Capital, Amazon India, Bain & Company, BNY Mellon, Deloitte

SPJIMR Mumbai Placements 

Rs 30,50,000

Aditya Birla Group, Capgemini E.L.I.T.E., Mahindra GMC, and Tata Administrative Services

IIM Nagpur Placements 

Rs 15,42,000

Cognizant, Accenture, Indus Valley Partners, Microsoft, Deloitte, IBM

KJSIM Placements 

Rs 10,25,000

Tata Capital, Goldman Sachs, Citi, Deloitte, KPMG, Arcesium

Best MBA Colleges in Maharashtra: Cut-off

Candidates need to take various entrance exams as required by their institutions to be offered admission to top MBA programmes in Maharashtra.  

Listed below are the cut-off of Best MBA colleges in Maharashtra for 2023:

Colleges

Exam 

 Cut-off 

IIM Mumbai 

CAT 

85 and above percentile 

IIM Nagpur 

CAT 

92 and above percentile 

KJSIM 

CAT 

84 and above percentile 

SPJIMR Mumbai 

CAT 

92 and above percentile 


Students looking for admission to the management programme should check out the best MBA colleges in India and city-wise.     

Best MBA colleges in IndiaBest MBA colleges in Bangalore
Best MBA colleges in MumbaiBest MBA colleges in Delhi
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Popular Private BBA Colleges

Presidency University BBA Admissions 2024
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  • Maharashtra

Aakar Institute of Management and Research Studies, Nagpur

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

    Abasaheb Garware Institute of Management Studies, Sangli

    Sangli, Maharashtra
    1.4/51 Reviews
    Private
    MBA
    100+ Brochures downloaded so far
    100+ Brochures downloaded so far

    Abasaheb Parvekar Mahavidyalaya, Yavatmal

    Yavatmal, Maharashtra
    Private

    Abasaheb Parvekar Mahavidyalaya, Yavatmal

    Yavatmal, Maharashtra Private
    B.Voc Banking and Financial Services
      100+ Brochures downloaded so far
      100+ Brochures downloaded so far

      Top Institutes Accepting Applications

      Achievers College of Science Commerce and Management Night, Kalyan

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

        AC Patil College of Engineering, Navi Mumbai

        Navi Mumbai, Maharashtra
        3.9/54 Reviews
        Private

        AC Patil College of Engineering, Navi Mumbai

        Navi Mumbai, Maharashtra Private 3.9/54 Reviews
        MBA
        • Fees : 2.22 Lakhs
        100+ Brochures downloaded so far
        100+ Brochures downloaded so far

        Adarsh College of Arts and Commerce, Kulgaon

        Thane, Maharashtra
        Public/Govt

        Adarsh College of Arts and Commerce, Kulgaon

        Thane, Maharashtra Public/Govt
        B.Com Accounting and Finance Self Finace
          100+ Brochures downloaded so far
          100+ Brochures downloaded so far

          Adarsh Shikshan Prasarak Mandal's KT Patil College of MBA, Osmanabad

          Osmanabad, Maharashtra
          Private
          MBA
          Brochures downloaded so far
          Brochures downloaded so far

          Aditya College of Architecture, Mumbai

          Mumbai, Maharashtra
          5.0/51 Reviews
          Private

          Aditya College of Architecture, Mumbai

          Mumbai, Maharashtra Private 5.0/51 Reviews
          M. Arch Project Management
            100+ Brochures downloaded so far
            100+ Brochures downloaded so far

            Aditya College of MBA, Beed

            Beed, Maharashtra
            4.5/52 Reviews
            Private

            Aditya College of MBA, Beed

            Beed, Maharashtra Private 4.5/52 Reviews
            MBA
            Brochures downloaded so far
            Brochures downloaded so far

            Aditya Engineering College, Beed

            Beed, Maharashtra
            Private

            Aditya Engineering College, Beed

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

              Adsul's Technical Campus, Ahmednagar

              Chas, Maharashtra
              3.4/51 Reviews
              Private

              Adsul's Technical Campus, Ahmednagar

              Chas, Maharashtra Private 3.4/51 Reviews
              MBA
              100+ Brochures downloaded so far
              100+ Brochures downloaded so far

              Advanced Computer College, Osmanabad

              Shingoli, Maharashtra
              Private

              Advanced Computer College, Osmanabad

              Shingoli, Maharashtra Private
              PGDBM
                100+ Brochures downloaded so far
                100+ Brochures downloaded so far

                Filter by Ownership

                AE Kalsekar Degree College, Thane

                Thane, Maharashtra
                Private

                AE Kalsekar Degree College, Thane

                Thane, Maharashtra Private
                BMS Self Finance
                • Fees : 58.06 K
                100+ Brochures downloaded so far
                100+ Brochures downloaded so far

                Ahirkar Institute of Management Studies, Nagpur

                Nagpur, Maharashtra
                2.6/51 Reviews
                Private
                MBA
                  100+ Brochures downloaded so far
                  100+ Brochures downloaded so far

                  AISSMS Institute of Management, Pune

                  Pune, Maharashtra
                  4.7/54 Reviews
                  Private

                  AISSMS Institute of Management, Pune

                  Pune, Maharashtra Private 4.7/54 Reviews
                  MBA
                  100+ Brochures downloaded so far
                  100+ Brochures downloaded so far

                  ADYPU, Pune - Ajeenkya DY Patil University, Pune

                  Pune, Maharashtra
                  Private

                  ADYPU, Pune - Ajeenkya DY Patil University, Pune

                  Pune, Maharashtra Private 3.9/522 Reviews
                  Careers360 Rating: AA+
                  Careers360 Rating: AA+
                  M.Des Design Driven Entrepreneurship
                  600+ Brochures downloaded so far
                  600+ Brochures downloaded so far

                  Akbar Peerbhoy College of Commerce and Economics, Mumbai

                  Mumbai City, Maharashtra
                  Private
                  BMS Self Finance
                  • Fees : 63.16 K
                  100+ Brochures downloaded so far
                  100+ Brochures downloaded so far

                  Akemi Business School, Pune

                  100+ Brochures downloaded so far
                  100+ Brochures downloaded so far

                  Akole Taluka Education Society's Technical Campus, Ahmednagar

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

                  Alard School Of Health and Bioscience, Pune

                  Pune, Maharashtra
                  Private
                  BHA
                    100+ Brochures downloaded so far
                    100+ Brochures downloaded so far

                    AGBS Mumbai - Amity Global Business School, Mumbai

                    Mumbai City, Maharashtra
                    4.3/57 Reviews
                    Private
                    GDBA and BBA
                    • Fees : 5.99 Lakhs
                    Brochures downloaded so far
                    Brochures downloaded so far

                    AGBS Pune - Amity Global Business School, Pune

                    Pune, Maharashtra
                    4.4/55 Reviews
                    Private
                    GDBA and BBA
                    • Fees : 2.31 Lakhs
                    100+ Brochures downloaded so far
                    100+ Brochures downloaded so far

                    Amity University, Mumbai

                    Navi Mumbai, Maharashtra
                    Private

                    Amity University, Mumbai

                    Navi Mumbai, Maharashtra Private 4.5/524 Reviews
                    Careers360 Rating: AAA
                    Careers360 Rating: AAA
                    GDBA and BBA
                    1000+ Brochures downloaded so far
                    1000+ Brochures downloaded so far

                    Amrutvahini College of Engineering, Ahmednagar

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

                    Amrutvahini Institute of Management and Business Administration, Sangamner

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

                    Anandibai Damodar Kale Degree College, Borivali

                    Mumbai, Maharashtra
                    Private
                    BMS
                      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 : 9.30 Lakhs
                      100+ Brochures downloaded so far
                      100+ Brochures downloaded so far
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