Master of Business Administration is a postgraduate degree which is done to go up the corporate ladder. It is a stepping-stone to learn about the corporate world and be your boss one day. MBA helps use the business and management skills to effectively run a company and gives confidence to oneself to take on the corporate world. MBA from a good college or university is generally recognized all over the world and the companies are always seeking talented MBAs Professionals to not only bring new ideas to the table but also help companies run their day-to-day business smoothly. MBA’s are sought after by many companies in India and abroad as they are going global and virtual and they need good people to manage new ventures and mergers which keep happening between the companies. The MBA program is a 2-year degree and includes an internship at some big corporate house. MBA offers many benefits to students who want to learn advanced skills in marketing, manufacturing, management, human resources, and financial expertise.

This degree helps students to analyze business dealings, help them see the future growth of the company and help them make good decisions to help and manage the day-to-day affairs of the company. MBA helps in career advancement, greater responsibility and salary and wage enhancement. MBA degree can be pursued as a full-time student and as a part-time student with a regular job. There are a lot of MBA programs specific to a particular career and people who are already working can take evening classes and online classes virtually from any university or college. Below is a list of the best MBA colleges and Institutes in Pune area with their fee structure, admission policy, criteria, top recruiters, and FAQs.

MBA Colleges in Pune: Specializations Available

• Postgraduate level:

• MBA in Marketing Management is a 2-year post-graduate course divided into 4 semesters. This course focuses on mainly applying the management principles to market the service or the product.

• MBA in Information Technology is a 2-year post-graduate course divided into 4 semesters. This course focuses on both information technology and business management. 

• MBA in Banking and Finance is a 2-year post-graduate course divided into 4 semesters. This course zeroes in on the aspects of banking and finance. 

• MBA in Hospital and Healthcare Management is a 2-year post-graduate course divided into 4 semesters. This course specializes in health care and other facets related to the medical sector and hospital management.  

• MBA in Communication Management is a 2-year post-graduate course divided into 4 semesters. This course focuses on the concepts of management and communication techniques.  

• Diploma Courses: 

• PGDM in General Management is a 2-year post-graduate diploma course. This course equips the candidate with business and management skills and techniques. 

• PGDM in International Business is a 2-year post-graduate diploma. This course includes the study of managing and expanding the business internationally.  

• PGDM in Agribusiness and management is a 2-year post-graduate diploma. This course includes the study of farming and farming oriented business activities. 

•  PGDM in Financial Management is a 2-year post-graduate diploma. This course aims at teaching the candidates management of finances. 

• PGDM in Employability is a 2-year post-graduate diploma. This course creates a holistic approach to developing employment skills.

• MBA Certificate courses: The course lasts for about 2 months. This course focuses on business theories and management skills together with other subjects.  

MBA Colleges in Pune: Eligibility Criteria

• For Postgraduate courses:

• For admission in MBA courses, aspirants need to be graduates from a recognized university.

• Candidates must have a bachelor’s equivalent degree with a minimum of 50% marks. 

• Final year students of any field of study are also eligible.

• For diploma courses:

• Candidates must have a bachelor’s equivalent degree with a minimum of 50% marks.

• For certificate courses:

• Candidates who are interested in business and are looking forward to equipping themselves with management skills can take up this course. 

MBA Colleges in Pune: Admission Process

• For Postgraduate courses

Candidates are given admission based on the scores of the entrance exams. Some universities have their entrance exam. The admission process is completed after the candidate cracks the GD-PIWAT test and secures a seat in the institute. Some popular entrance exams for MBA are: -

• CAT

• MAT

• CMAT

• GMAT

• XAT

• ATMA

• State CET

• For diploma courses

Admissions are done based on entrance exams. Candidates who qualify the entrance exams take up the GD-PIWAT test conducted by the institute. Some popular entrance exams for PGDM are:

• CAT

• MBA

• XAT

• SNAP

• NMAT

• CMAT

• State CET

MBA Colleges in Pune: Specialization wise list

MBA Colleges in Pune offering MBA in Marketing Management

MBA Colleges in Pune: MBA in Hospital and Healthcare Management

MBA Colleges in Pune offering MBA in Information Technology

MBA Colleges in Pune offering PGDM Agribusiness and management

MBA Colleges in Pune offering PGDM International Business

Career Options for MBA Graduates and Expected Salary

For MBA in Marketing Management 

For MBA in Communication Management

 For MBA in Information Technology

For PGDM Financial Management

For PGDM International Business 

Top Employers for MBA Graduates

For MBA in Marketing Management

. Vodafone

. Bharti Airtel

. ITC

. Maruti Udyog

. Cadbury

. Nestle

. Tata Motors

For MBA in Communication Management

. Yash raj films

. Times of India

. Penguin Book House

. NDTV

. Dharma Productions

. The Hindu

For MBA in Information Technology

. Infosys

. Wipro

. Accenture

. Tata Consultancy

. Cognizant

. Tech Mahindra

For PGDM Financial Management

. ICICI Bank

. Kotak Mahindra

. KPMG

. Tata Capital

. Airtel

. Bajaj Capital

. Accenture

For PGDM International Business

. Infosys

. Wipro

. Accenture

. HSBC

. Cognizant

. Amazon

FAQ’s

1. Is MBA helpful in my career advancement?

   Yes, MBA is very helpful in one's career advancement as it helps a person hone the skills of management, manage people, and analyze things happening in the workplace. It helps in the entrepreneurial initiative and helps one become a leader.

2. What career advancement can I look forward to after my MBA?

    Students who finish MBA degrees and diplomas have a lot of career options and there are many private and government-run companies looking to hire them. Jobs are always available in Banking, Marketing Human Resources and many corporate and big business house and government-run agencies. Jobs for MBA and PGDM are as follows:

. Manager

. Business Manager

. Marketing Manager

. Human Resources Manager

. Sales & Advertising Manager

. Administrative Manager

. General Manager.

3. Can I get a scholarship to study for an MBA?

    Yes, many colleges give scholarships to meritorious students and fee waiver for poor and brilliant students both in private and government colleges. Many corporate houses and private companies send their employees to study MBA at their own cost.

4. What is the salary of an MBA?

    Salary of an MBA graduate can range from 20 lakh to 30 lakh per annum depending on which company and position he gets the job in.

5. What are the top MBA colleges of Pune?

. (SIBM) Symbiosis Institute of Business Management.

. (DYPIMS) Dr, DY Patil Institute of Management.

. Bharati Vidyapeeth University, Institute of Management and Entrepreneurship    Development.

. International Institute of Management Studies (IIMS), Pune

. Balaji Institute of Modern Management-(BIMM), Pune 

6. What is the Fee to study MBA and PGDM?

The fee to study MBA averages around 10 to 20 lakhs for the duration of the course.

7. What is the entrance test for admission to an MBA program?

The main entrance test for MBA program is CAT (Common Entrance Test) 

While some colleges like SIBM have their SNAP, entrance aptitude test

8. Who are the employers hiring MBAs?

    Many big and small corporate houses, private and public holding companies, stock market, Hospitals, advertising agencies, MNC’s, and even government holding companies.

9. Can I do an MBA after 12th standard?

   No, you must first finish your bachelor’s degree before enrolling for MBA as it is a master’s degree. You can do BBM (Bachelor of Business Management) first which is 3 years and then do an MBA.

10. Is my MBA degree valid in foreign countries?

     Yes, MBA degree and PGDM degree from a reputed college or university are valid in many foreign countries and they regularly hire students through campus interviews and many MBA are working in big corporations and tech companies in different countries.