ICFAI Hyderabad BBA Admissions 2024
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There are numerous MBA colleges in Maharashtra which are considered prestigious. According to the Indian Institute of Management (IIM) Bangalore NIRF, India's top MBA college is located in Maharashtra. More than 129 MBA colleges in Maharashtra and its neighboring cities accept SNAP scores for PGDM/ MBA Admission.
Some of the top MBA colleges in Maharashtra accepting SNAP scores in admission such as PES University, Alliance University, IIM Maharashtra, etc. While the top MBA colleges in Maharashtra accepting SNAP score have a cutoff of 80+ percentile, other SNAP Colleges in Maharashtra will accept a cutoff of 65+ percentile.
The National Institutional Ranking Framework (NIRF) is a government ranking agency run by the Ministry of HRD, Government of India (GOI). While there are numerous MBA colleges in Maharashtra, there are some of the best colleges listed by NIRF.
Name of the Colleges in Maharashtra | NIRF Ranking |
10 | |
12 | |
S. P. Jain Institute of Management and Research (SPJIMR, Mumbai) | 19 |
20 | |
22 | |
56 |
Careers360 is one of the leading websites where students can learn about leading institutes across domains. There is a lot to explore until you know which institute you want to join. Factors that determine rankings - candidates who are generally admitted each year, available research opportunities, the prevailing ecosystem, and the student-teacher interface at the college.
Name of the college | Careers360 Ratings |
SIBM Pune | AAAA+ |
SCMHRD Pune | AAAA+ |
103 | |
AAA+ | |
AA | |
SIOM Nashik | AAA+ |
Name of the MBA college in Maharashtra | Careers360 Rating |
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 |
KJ Somaiya SIMSR - K J Somaiya Institute of Management | 51 |
Welingkar Mumbai - Prin LN Welingkar Institute of Management Development and Research | |
IMT Nagpur - Institute of Management Technology | 55 |
MBA admission in Maharashtra will be done through the management entrance exams. After qualifying in the entrance examination (MAT/ IIFT/ NMAT/ CMAT/ CAT/ XAT/ MAH CET/ etc), the students are required to participate in the counselling process organized by the respective institute. The counselling process will consist of various steps such as;
Registration Process
Fee Payment
Group Discussion (GD)
Written Ability Test (WAT)/ Personal Interview (PI)
Document Verification
Seat Allotment, etc
The seat will be allotted to candidates based on a category, score in the entrance test, performance in MBA admission rounds, and availability of seats. If there are vacancies, admission can also be made through the merit list of the qualifying examination.
Every student wants to be financially independent after reaching a certain age. This is one of the main reasons why students want to excel in their academic careers. In addition to earning a reputation in the company that hired them, they should look for a salary that suits their skills. Never settle for less if students know you are highly qualified.
Return on investment, also known as ROI, is an important factor in determining the credibility and profitability of an MBA college. In the list below, we have mentioned a few amazing ROIs of one of the best private MBA colleges in Maharashtra.
Name of the college | Fees |
Rs 9.55 lakhs | |
Rs 10.83 lakhs | |
S. P. Jain Institute of Management and Research (SPJIMR, Mumbai) | Rs 8.00 lakhs - Rs 17.50 lakhs |
Rs 14.40 lakhs - Rs 25.40 lakhs | |
Rs 13.74 lakhs | |
K. J. Somaiya Institute of Management Studies & Research Fees | Rs 16.19 lakhs |
Principal L N Welingkar Institute of Management Development and Research Fees | Rs 1.60 lakhs |
For those who are confused as to why every MBA applicant prefers Maharashtra - there are about 1004 B-schools out there, which means there are a lot of opportunities to choose one of them. Moreover, colleges are reputed and are known to offer the best in all fields.
To be precise there are 55 government colleges, while there are 949 private colleges. In the table below, we have ranked the private and government MBA colleges in Maharashtra based on how much they have to pay;
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 |
IMT Nagpur | NIRF rank- 60 |
KJ Somaiya SIMSR | NIRF rank- 46 |
Welingkar Mumbai - Prin LN Welingkar Institute of Management Development and Research | NIRF rank- 68 |
Choosing the best government MBA colleges in Maharashtra is a bit easy as there are only 55 of them in the city. We have made a list of four public colleges with a second public unpredictable fee estimate.
Name of the college | NIRF/ Careers360 Ranking |
IIM Nagpur | NIRF rank- 40 |
JBIMS Mumbai | Careers360 rank- 34 |
NITIE Mumbai | NIRF rank- 12 |
SJMSOM IIT Bombay - Shailesh J Mehta School of Management Indian Institute of Technology | NIRF rank- 11 |
SIMSREE Mumbai - Sydenham Institute of Management Studies Research and Entrepreneurship Education | Careers360 rating- AAA |
There is a total of 1004 MBA Colleges in Maharashtra which offer MBA courses, out of these 55 are public, 949 are private colleges, and the rest are public-private. Here is the list of some of the top private and public MBA colleges in Maharashtra:
Public/ Government Colleges | Course Fee (in Rs lakh) |
PUMBA Pune | Rs 1.32 lakhs |
SIMSREE Mumbai | Rs 1.36 lakhs |
SJMSOM IIT Bombay | Rs 9.55 lakhs |
IIM Nagpur | Rs 1.37 lakhs |
Vaikunth Mehta National Institute of Cooperative Management, Pune | Rs 6.30 lakhs |
Private Colleges | Course Fee (in Rs lakh) |
SPJIMR, Mumbai | Rs 1.75 lakhs |
School of Business Management SVKM's Narsee Monjee Institute of Management Studies, Mumbai | Rs 2.08 lakhs |
SCMHRD Pune | Rs 1.88 lakhs |
Rs 8.40 lakhs | |
KJ Somaiya SIMSR - K J Somaiya Institute of Management | Rs 1.61 lakhs |
There are three categories of MBA colleges in Maharashtra that offer the most desired qualification. Categories - IIMs, University MBA Colleges, and PGDM Colleges AICTE. IIM is located in Nagpur, Maharashtra. Numerous of the university MBA colleges in this city include Dr Ambedkar Institute of Management and Research and IMT Nagpur.
The PGDM colleges in Maharashtra include some of the following ones; SPJIMR, Mumbai, ITM Navi Mumbai - ITM Business School, and NMIMS Mumbai. The presence of these reputed management institutes in Maharashtra makes this city an MBA capital. However, there are certain areas of expertise that candidates can choose from during their MBA courses. Below are some of the most important;
Supply Chain
Marketing
Finance
Human Resources Management (HRM)
International Business (IB)
Sales
Rural Management (RM)
Q1. Which is the best MBA college in Maharashtra?
The 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 an MBA is Rs 9.55 lakhs.
Q6. Can I get admission to 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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