There are 1240 MBA colleges in Maharashtra offering MBA, PGDM, MMS, and many other courses. 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. Fees at MBA colleges in Maharashtra range from Rs. 5 L to Rs. 24 L. MBA colleges in Maharashtra offer specializations in various fields such as accounting, finance, marketing, operations, human resources, and strategy.

Top MBA Colleges in Maharashtra with NIRF Ranking 2025

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 Top MBA Colleges in Maharashtra based on the NIRF Ranking 2025

Colleges Name	NIRF 2025	NIRF 2024	NIRF 2023	NIRF 2022
Symbiosis Institute of Business Management	11	13	17	17
SPJIMR	20	20	20	21
NMIMS School of Business Management	24	21	21	25
IIM Nagpur	25	31	43	43
KJ Somaiya Institute of Management	65	63	45	71
Welingkar Institute of Management	75	84	73	68

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.

Top Private MBA Colleges in Maharashtra

Private College Name	Courses	Fees
Amity University Mumbai	MBA	Rs 5,72,000
SIBM Pune - Symbiosis Institute of Business Management	MBA	Rs 24,90,000
Bharati Vidyapeeth Pune	MBA	Rs 5,00,000
NMIMS Navi Mumbai	MBA	NA

Top Govt MBA Colleges in Maharashtra

Govt College Name	Courses	Fees
Shivaji University - Shivaji University Kolhapur	MBA	Rs 1,26,902
IIM Nagpur - Indian Institute of Management Nagpur	MBA	Rs 21,00,000
IIM Mumbai (NITIE) - Indian Institute of Management Mumbai	MBA	Rs 20,50,000
COEP Pune - COEP Technological University, Pune	MBA	Rs 52,040
PUMBA Pune - Department of Management Sciences	MBA	NA

Top MBA Colleges in Maharashtra: Admission Process 2025

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

Top MBA Colleges in Maharashtra: Placement-wise

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

List of TopMBA Colleges in Maharashtra: Median Salary and Top Recruiters

Placement Links	Median salary	Top Recruiters
IIM Mumbai (NITIE) Placements	Rs. 33,00,000	Accenture, Amazon, Hero group, Asian Paints, Microsoft, PWC, Tata Groups
SIBM Pune Placements	Rs 2,500,000	Aditya Birla Capital, Amazon India, Bain & Company, BNY Mellon, Deloitte
SPJIMR Mumbai Placements	Rs 3150000	HUL, Nestlé, P&G, Goldman Sachs, Edelweiss Alternatives and J.P. Morgan, Google, Microsoft
IIM Nagpur Placements	Rs 21,00,000	Cognizant, Accenture, Indus Valley Partners, Microsoft, Deloitte, IBM
KJSIM Placements	Rs 12,00,000	Aditya Birla Capital, Quickr, ITC, Airtle, Amazon, Bisleri

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 expected cut-off of Best MBA colleges in Maharashtra for 2024:

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

Eligibility Criteria of Top 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.

CAT College Predictor	CMAT College Predictor
MAT College Predictor	NMAT College Predictor
SNAP College Predictor	XAT College Predictor
MAH MBA CET College Predictor

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.

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

Best MBA colleges in India	Best MBA colleges in Bangalore
Best MBA colleges in Mumbai	Best MBA colleges in Delhi
Best MBA colleges in Ahmedabad

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