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Specialized degree in business management summons several perks among which are a significant increase in payroll as well as higher cadre employment opportunities. These added advantages along with several others make MBA a popularly pursued educational milestone. The city of Mumbai houses some of the best MBA colleges in Maharashtra accepting XAT. Colleges like SPJIMR, Welingkar Mumbai, SIMS, and IMT Nagpur are some of the most widely popular colleges in Maharashtra accepting XAT. Among the multiple options, the most acclaimed MBA specializations are in business analytics, marketing management, international business, finance and so on. The duration for most MBA degrees is subject to a period of 2 years. Executive courses are another format for providing professional business education to already working potential entrepreneurs through weekend class sessions.
XAT or the Xavier Aptitude Test is one of the most prominent admission exams for the top MBA and PGDM courses across India. This national level management entrance exam is conducted by XLRI, Jharkhand which is one of the oldest and best management schools in India. Upon successful completion, the XAT scores boost applicants’ portfolios in several business schools and Best MBA colleges in Maharashtra accepting XAT. Given here is a list of the MBA colleges in Maharashtra accepting XAT:
TOPIC | PARTICULARS |
Number of MBA colleges in Maharashtra accepting XAT | 174 colleges |
Type of colleges | Government and private colleges
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Colleges approved by |
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Average fees | Rs. 0.91 lakhs – Rs. 18 lakhs |
The latest eligibility criteria for top MBA colleges in Maharashtra accepting XAT are as follows. Each college is entitled to its own specifications. The most expected specifications to get admission in the best MBA colleges in Maharashtra accepting XAT include:
Candidates must possess a bachelor’s degree, or an equivalent certificate form any authorized institute under any discipline, with the required aggregate mark
The minimum percentage that qualifies the candidates differ in every institution accordingly. Usually, the minimum marks for candidates are 50% and 45% for reserved categories.
Additional entrance exams pertaining to the respective institute are also required to be cleared by the candidate
Securing an accepted XAT score is also required for the candidates to be eligible for admission.
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The NIRF or the National Institutional Ranking Framework is a systemized way of allotting weightage to various features of an educational institute. This enables the MHRD to arrive at a systematic and reliable list of colleges ranked according to their facilities and efficiency. Here is a list of MBA colleges in Maharashtra accepting XAT according to the NIRF:
Name of the college | NIRF ranking |
19 | |
56 |
Careers360 is an online initiative taken to provide students with necessary resources and comprehensive information about educational institutes across the country. Its primary aim is to enable students to make well-informed decisions in their academic journey. A thoroughly researched list of MBA colleges in Maharashtra accepting XAT released by Careers360 is presented below: -
Name of the college | Careers360 ranking |
SPJIMR, Mumbai | 18 |
K.J. Somaiya SIMSR | 48 |
58 | |
AAAA | |
87 | |
AAA+ | |
98 | |
AAA+ | |
AAA | |
AAA | |
AAA |
The best MBA colleges in Maharashtra accepting XAT follow a different admission process owing to the protocols and requirements that each institute is entitled to. The most shared admission procedure in almost all or at least a majority of the top-ranked MBA colleges in Maharashtra accepting XAT are as follows.
Applying and appearing for the XAT exam
After the announcement of the XAT exam results, students must apply to the eligible institutes.
Keeping up with the guidelines, deadlines, and document requirements of the respective institute.
Staying vigilant and actively participating with the candidates’ best efforts for all steps of the extensive selection process.
Frequently checking for the candidates’ name on the selected list and completing the final stages of the admission process before the issued deadline if selected.
The best bet of getting the maximum returns for the investments accompanying the education process is to opt for the institute that is most likely to support and facilitate a better chance of employment. A list of MBA colleges in Maharashtra accepting XAT based on their placement records are presented below:
Name of the college | Average/Median pay package |
Rs. 9.37 lakhs | |
Rs. 8.50 lakhs | |
Rs. 25.00 lakhs | |
Rs. 6.00 lakhs | |
Rs. 6.70 lakhs | |
Rs. 5. lakhs | |
Rs. 11.98 lakhs | |
Rs. 5.51 lakhs | |
Rs. 5.80 lakhs | |
Rs. 6.00 lakhs |
Another major factor that influences the students’ decision in selecting an institute is the fee structure. Here is a list of the top-ranked MBA colleges in Maharashtra accepting XAT:
Name of the college | Course fees (approx.) |
Rs. 17.50 lakhs | |
Rs. 11.00 lakhs | |
Rs. 16.19 lakhs | |
Rs. 10.45 lakhs | |
Rs. 9.65 lakhs | |
Rs. 9.00 lakhs | |
Rs. 2.23 lakhs | |
Rs. 7.50 lakhs | |
Rs. 4.40 lakhs | |
Rs. 8.80 lakhs |
Maharashtra is one of the top states to have multiple MBA colleges in India. Some of the most reputed and celebrated MBA institutes of India are located in various locations near Maharashtra as well. Here is a list of MBA colleges nearby Maharashtra accepting XAT: -
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Q. What should I study before I can take up MBA?
A. Any bachelor’s degree under any preferred division is the basic criteria to apply for an MBA degree. Qualifications equivalent to a bachelor’s degree are also acceptable.
Q. Can I pursue MBA even when I am already working?
A. There are executive courses to accommodate business owners and entrepreneurs as well as employed business leaders to help them specialize their skills with weekend courses.
Q. What are the fields of MBA that I can specialize in?
A. There is a wide assortment of MBA specializations like finance, analytics, human resources, international management and more.
Q. is it important to attend XAT exams before applying for MBA?
A. XAT exams are one of the most reputed and widely accepted entrance exams for business management. Clearing with a good XAT score is an immediate asset to applicant.
Q. Is the salary for MBA graduate high?
A. an MBA degree definitely boosts the individuals’ resume and qualifies them for management positions and executive designations, hence guaranteeing a comparatively higher paygrade.