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There are a total of 1290 best MBA colleges in Maharashtra. Out of these, 1021 are privately owned, and 48 are government MBA colleges. CAT, CMAT, MAT, MAH CET, XAT, and ATMA are some of the entrance exams accepted by top MBA colleges in Maharashtra. Some of the popular management colleges in Maharashtra include IIT Bombay, Symbiosis Group of Institutes, SP Jain Institute of Management and Research, NMIMS Mumbai, IIM Nagpur, NIBM Pune, etc. These MBA colleges in Maharashtra offer top specialisations such as business administration, general management, finance, marketing, human resource management, international business, and so on!
Latest Update for Top MBA Colleges in Maharashtra Exam Dates 2025:
The management colleges in Maharashtra shortlist students for admission based on the entrance exam. Students also have to appear for personal interview and group discussion rounds to get selected for admission. The MBA colleges in Maharashtra then release a merit list containing names of students who are selected for admission.
Some of the major highlights for MBA colleges in Maharashtra have been listed below:
Full form | Masters in Business Management (MBA) |
|---|---|
No of colleges in Maharashtra | 1290 |
Top specialisations | Business administration, general management, finance, marketing, human resource management, international business, etc. |
Accepted entrance exam | CAT, CMAT, MAT, MAH CET, XAT, and ATMA |
No of government MBA colleges in Maharashtra | 48 |
No of private MBA colleges in Maharashtra | 1021 |
Ministry of Education releases NIRF ranking for MBA colleges in Maharashtra based on various parameters. The rankings are updated every year, so the top-ranked institutions may change from year to year. Listed below are some of the best MBA colleges in Maharashtra along with their NIRF rankings:
MBA Colleges in Maharashtra | NIRF Ranking 2024 | NIRF Score 2024 |
|---|---|---|
Indian Institute of Management Mumbai | 6 | 74.73 |
Indian Institute of Technology Bombay | 10 | 67.16 |
Symbiosis Institute of Business Management | 13 | 65.13 |
S. P. Jain Institute of Management and Research | 20 | 60.97 |
SVKM`s Narsee Monjee Institute of Management Studies | 21 | 60.96 |
Indian Institute of Management Nagpur | 31 | 56.94 |
K J Somaiya Institute of Management Studies and Research | 63 | 49.66 |
Prin. L.N. Welingkar Institute of Management Development and Research (PGDM) | 84 | 46.53 |
National Institute of Bank Management | 91 | 44.85 |
When it comes to choosing the best colleges for MBA colleges in Maharashtra, students must also not miss out on private colleges. There are a total of 1021 private colleges for MBA in Maharashtra. We have listed below the top private colleges for MBA in Maharashtra along with details like fees, seat intake, etc.
College Name | Fees | Selection Criteria/ Exams Accepted |
|---|---|---|
Rs 95,000 - Rs 16,85,000 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA | |
Rs 82,675 - Rs 16,62,000 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA | |
Rs 11,800 - Rs 7,00,000 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA | |
Rs 13,72,000 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA | |
Rs 90,000 - Rs 10,95,000 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA | |
Rs 32,000 - Rs 6,52,000 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA | |
Rs 41,250 - 3,48,000 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA | |
Rs 18,000 - Rs 12,30,000 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA | |
Rs 3,680 - Rs 51,210 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA | |
Rs 54,360 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA |
Government management colleges offer the best placements and a major portion of students wish to get admission to top government colleges. There are 48 government colleges in Maharashtra for MBA. We have listed below the top MBA colleges in the Maharashtra government along with details like fees, seat intake, etc.
College Name | Fees | Selection Criteria/ Exams Accepted |
|---|---|---|
Rs 1,72,500 - Rs 12,50,000 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA | |
Rs 15,000 - Rs 42,00,000 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA | |
Rs 2,75,000 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA | |
Rs 6,000 - Rs 1,42,370 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA | |
Rs 41,300 - Rs 3,45,700 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA | |
Sydenham Institute of Management Studies Research and Entrepreneurship Education | Rs 48,915 - Rs 1,56,000 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA |
- | CAT, CMAT, MAT, MAH CET, XAT, and ATMA | |
Rs 3750 - Rs 67,840 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA | |
Rs 3,000 - Rs 1,00,000 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA | |
Rs 30,000 - Rs 3,63,075 | CAT, CMAT, MAT, MAH CET, XAT, and ATMA |
Along with choosing top colleges, candidates must also take into consideration top MBA specialisation while taking admission. Some of the top MBA specialisations in Maharashtra are business administration, general management, finance, marketing, human resource management, international business, etc. Given below are the top specialisations offered by MBA colleges in Maharashtra:
Business Administration | General Management |
|---|---|
Finance | Marketing |
Human Resource Management | International Business |
Most of the MBA colleges in Maharashtra take admission on the basis of an entrance exam followed by a personal interview and group discussion round. The detailed eligibility criteria might vary from college to college but the basic eligibility for admission has been listed below:
Admission to top MBA colleges in Maharashtra is done either through an entrance exam or merit in the entrance exam. Most of the top management colleges in Maharashtra offer admissions based on entrance exams. However, some private colleges in Maharashtra offer direct admissions based on merit or management quota. Usually, the selection process for the best MBA colleges in Maharashtra goes through the 3 stages as listed below:
Through Entrance Exam:
Direct Admission:
Step 1: Check eligibility criteria, fee structure, and placement records for the college you wish to apply at.
Step 2: Fill out the admission form in online or offline mode.
Step 3: Submit required documents like graduation, 10th, and 12th mark sheets, transfer certificate, etc.
Step 4: If your application is accepted, you will be notified of the admission.
Step 5: Report to the allotted college for document verification, pay the required fees, and complete the admission formalities.
*Note: These are the general steps in the admission process and the actual selection process might vary from college to college.
Most of the top MBA colleges in Maharashtra require candidates to qualify for an entrance exam. Now, students must be wondering which entrance exams they need to appear for to get admission to MBA colleges in Maharashtra. There are various exams accepted for admission such as CAT, CMAT, MAT, MAH CET, XAT, and ATMA.
CAT (Common Admission Test)
CAT is a national level entrance exam for admission to top MBA colleges in Maharashtra. Graduates in any discipline can apply for the CAT exam. The selection is based on CAT scores and subsequent GD-PI rounds.
MAT (Management Aptitude Test)
MAT is also a national level entrance exam for admission to the best MBA colleges in Maharashtra. For this exam, candidates need to graduate with BBA or equivalent. The selection is based on MAT scores and subsequent GD-PI rounds.
MAH MBA CET (Maharashtra MBA Test)
MAH MBA CET is a state level entrance exam for admission to management colleges in Maharashtra. Some colleges require candidates to qualify for MAH MBA CET strictly to get selected for admission.
CMAT (Common Management Admission Test)
CMAT is a national level entrance exam for admission to MBA programs in Maharashtra. Graduates in any discipline can apply for the CMAT exam. The selection is based on CMAT scores and subsequent GD-PI rounds.
XAT (Xavier Aptitude Test)
XAT stands for Xavier Aptitude Test. It's a national level management entrance exam conducted by XLRI Jamshedpur for admission to MBA and PGDM programmes at top MBA colleges in Maharashtra.
When choosing an MBA college, candidates must look at their placement statistics. A good placement report is essential when it comes to management education. There are several MBA colleges in Maharashtra with good placements. Given below are the top colleges in Maharashtra for MBA placements:
Particulars | IIM Mumbai | IIT Bombay | IIM Nagpur |
|---|---|---|---|
Placement year | 2024 | 2024 | 2024 |
Total recruiters | 180 | 200+ | 200+ |
Total students placed | 200+ | 1475 | 200+ |
Highest package offered | Rs 54 LPA | Rs 1 CPA | Rs 38.40 LPA |
Average package offered | Rs 33.84 LPA | Rs 17.92 LPA | Rs 16 LPA |
Admission to top MBA colleges in Maharashtra is done on the basis of CAT, MAT or other management entrance exam cutoff. It is essential for students to obtain the minimum CAT cutoff or MAT cutoff to get seats for admission. The closing ranks for best MBA colleges in Maharashtra are listed below:
CAT Cutoff 2024:
CAT Percentile | VARC Score | DILR Score | QA Score | Overall Score |
|---|---|---|---|---|
99.9 | 48 | 36 | 48 | 106 |
99.5 | 44 | 32 | 32 | 89 |
99 | 40 | 28 | 28 | 80 |
98 | 36 | 25 | 24 | 71 |
95 | 30 | 19 | 19 | 57 |
90 | 25 | 16 | 15 | 49 |
85 | 21 | 13 | 12 | 40 |
80 | 19 | 11 | 10 | 36 |
75 | 17 | 10 | 9 | 31 |
70 | 15 | 9 | 8 | 29 |
MAT Cutoff:
MBA Colleges in Maharashtra | MAT Cutoff 2024 |
|---|---|
Indian Institute of Management Kozhikode | 85-90 |
National Institute of Technology Calicut | 85-90 |
Cochin University of Science and Technology | 85-90 |
Rajagiri Business School | 85-90 |
St.Alberts College | 80-85 |
St. Johns College | 80-85 |
Federal Institute of Science and Technology | 80-85 |
Asian School of Business, Trivandrum | 80-85 |
Institute of Management | 80-85 |
Toc H Institute of Science and Technology | 80-85 |
While most of the colleges in Maharashtra require candidates to qualify for an entrance exam, there are various MBA colleges in Maharashtra that take admission without an entrance exam. Some of the top MBA colleges in Maharashtra without entrance exams are listed below:
Name of the College | Location |
|---|---|
Welingkar Mumbai | Mumbai |
Flame University | Pune |
Amity University Mumbai | Mumbai |
Pune | |
Nashik | |
Pune | |
Mumbai |
There are various MBA colleges in Maharashtra that provide affordable design education. The fee payment for most of these colleges is semester-wise. Given below are the top MBA colleges in Maharashtra with fee structures:
College Name | Minimum Fees per year |
|---|---|
NIEIT Aurangabad | Rs 3,000 |
Kavayitri Bahinabai Chaudhari North Maharashtra University | Rs 3,750 |
Sathaye College | Rs 3,680 |
SNDT Women’s University | Rs 6,000 |
Welingkar Mumbai | Rs 11,800 |
IIT Bombay | Rs 15,000 |
Tata Institute of Social Sciences | Rs 18,000 |
A total of 12 MBA college in Maharashtra offers a distance learning MBA programme. Distance learning MBA is a master's degree program in business administration that allows students to learn and earn their degree remotely. The list of distance learning MBA colleges in Maharashtra has been listed below:
College Name | Fees | Eligibility Criteria |
|---|---|---|
Rs 19,690 | Candidates must have passed BBA or equivalent in a relevant stream from a recognised college/ university with a minimum aggregate of 55% | |
- | Candidates must have passed BBA or equivalent in a relevant stream from a recognised college/ university with a minimum aggregate of 55% | |
Rs 2,000 - Rs 67,000 | Candidates must have passed BBA or equivalent in a relevant stream from a recognised college/ university with a minimum aggregate of 55% | |
- | Candidates must have passed BBA or equivalent in a relevant stream from a recognised college/ university with a minimum aggregate of 55% | |
Rs 9,276 - Rs 39,261 | Candidates must have passed BBA or equivalent in a relevant stream from a recognised college/ university with a minimum aggregate of 55% |
Applied Filters :
Nashik, Maharashtra
Private
60,000 - 1,19,094 Fees
AICTE Accredition
4.5 Lacs Avg Package
CMAT Exams
Nagpur, MaharashtraPrivate55,000 - 2,70,000 Fees
NBA Accredition
MHTCET MTech Exams
Mumbai, MaharashtraPrivate12,850 - 2,46,000 Fees
AICTE Accredition
SET Exams
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Noida, Uttar Pradesh
Private
Shortlisted by 772 students
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college recommendations.
Bahadurgarh, Haryana
Private UnAided
Shortlisted by 68518 students
College Admissions can be tricky.
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Noida, Uttar Pradesh
Private
Shortlisted by 772 students
Share your college preferences to get
college recommendations.
Bahadurgarh, Haryana
Private UnAided
Shortlisted by 68518 students
Mumbai, MaharashtraPrivate1,000 - 14,64,000 Fees
NAAC Accredition
CMAT Exams
Pune, MaharashtraPrivate16,000 - 10,34,000 Fees
UGC Accredition
5.5 Lacs Avg Package
Maharashtra HSC Exams
Pune, MaharashtraPrivate20,815 - 2,20,000 Fees
CAPGEMINI Accredition
3.5 Lacs Avg Package
Pune, MaharashtraPrivate3,48,000 Fees
AICTE Accredition
XAT Exams
Pune, MaharashtraUniversity6,10,000 - 13,20,000 Fees
UGC Accredition
XAT Exams
Mumbai, MaharashtraPrivateUGC Accredition
2.5 Lacs Avg Package
Maharashtra HSC Exams
Pune, MaharashtraPrivate1,63,000 Fees
AICTE Accredition
Nasik, MaharashtraPrivateNAAC Accredition
Maharashtra HSC Exams
Mumbai, MaharashtraPrivate5,590 - 47,212 Fees
NAAC Accredition
Maharashtra HSC Exams
Sangamner, Maharashtra81,775 - 1,60,000 Fees
National A Accredition
4.5 Lacs Avg Package
BITSAT Exams
Pune, MaharashtraPrivate60,000 - 8,40,000 Fees
AICTE Accredition
XAT Exams
Pune, MaharashtraPrivate30,000 - 1,56,000 Fees
NAAC Accredition
CMAT Exams
Mumbai, MaharashtraPrivate3,500 - 83,300 Fees
NAAC Accredition
Maharashtra HSC Exams
Ahmednagar, MaharashtraLocal Body68,000 - 81,870 Fees
AICTE Accredition
4 Lacs Avg Package
Mumbai, MaharashtraPrivate65,000 - 3,55,000 Fees
AICTE Accredition
XAT Exams
Mumbai, MaharashtraPrivate85,000 - 4,72,000 Fees
AICTE Accredition
XAT Exams
Pune, MaharashtraPrivate2,04,000 - 3,00,000 Fees
DTE Accredition
6.74 Lacs Avg Package
Pune, MaharashtraPrivate6,55,000 Fees
AICTE Accredition
7.5 Lacs Avg Package
CAT Exams
Pune, MaharashtraPrivate6,25,000 - 6,50,000 Fees
AICTE Accredition
8 Lacs Avg Package
XAT Exams
Pune, MaharashtraPrivate Unaided1,37,953 - 4,70,000 Fees
AICTE Accredition
8 Lacs Avg Package
CMAT Exams
Nagpur, MaharashtraGovernment2,29,999 - 5,00,000 Fees
NBA Accredition
MHT-CET Exams
Mumbai, MaharashtraPrivate1,24,000 - 3,55,000 Fees
AICTE Accredition
4.8 Lacs Avg Package
Pune, Maharashtra50,000 - 1,02,202 Fees
XAT Exams
Pune, Maharashtra3,00,000 Fees
XAT Exams
Pune, MaharashtraPrivate1,28,000 Fees
MHT-CET Exams
Navi Mumbai, MaharashtraPrivate32,000 - 1,20,477 Fees
AICTE Accredition
4.5 Lacs Avg Package
CMAT Exams
Mumbai, MaharashtraPrivate Unaided59,000 - 4,50,000 Fees
AICTE Accredition
6.2 Lacs Avg Package
XAT Exams
The most popular MBA specialisations in Maharashtra include Finance, Marketing, International Business, Entrepreneurship, Human Resource Management etc.
The MBA colleges in Maharashtra that provide distance learning education are Dhanwate National College (DNC), Nagpur, Institute of Sports Science & Technology (ISST PUNE), Pune, Kazian Global School of Business Management (KSBM), Mumbai, Knowledge++ Institute of IT & Management (KIITM), Thane and MIT School of Distance Education (MITSDR), Nagpur etc.
The MBA colleges in Maharashtra that charge less than 1 Lakh per semester are Garware Institute of Career Education and Development (GICED), Mumbai, Jaipuria Institute of Management - JIM, Noida, Institute of Management Studies (IMS), Noida, K. J. Somaiya Institute of Management Studies and Research (KJ SOMAIYA), Mumbai, Neville Wadia Institute of Management Studies and Research (NWIMSR Pune), Pune and many more.
Yes, Maharashtra does provide MBA education through Public colleges such as National Institute of Industrial Engineering (NITIE), Mumbai, National Institute of Securities Markets (NISM), Navi Mumbai, Kohinoor Business School (KBS), Mumbai, Indian Aerospace & Engineering, Mumbai, Shri Binzani City College (SBCC), Nagpur etc.
The top private MBA colleges in Maharashtra that provide admission to the candidates are Shailesh J Mehta School of Management (SJMSOM), IIT Bombay, Symbiosis Institute of Management Studies (SIMS), Pune, Garware Institute of Career Education and Development (GICED), University of Mumbai, Mitcon Institute of Management (MITCON), Pune, Thadomal Shahani Centre for Management (TSCFM), Mumbai and many more.
Yes, plenty of MBA colleges in Maharashtra consider the CAT scores for admission to the institute. Some of them are Aditya Institute of Management Studies and Research (AIMSR), Mumbai, Amity University, Mumbai, International School of Business and Media - (ISB&M), Pune, Universal Business School (UBS), Karjat, Mumbai, Institute of Business Studies and Research (IBSAR), Navi Mumbai etc.
Popular MBA colleges in Maharashtra that accept the CMAT scores are Suryadatta Group of Institutes (SGI), Pune, Thadomal Shahani Centre for Management (TSCFM), Mumbai, Mitcon Institute of Management (MITCON), Pune, Aditya Institute of Management Studies and Research (AIMSR), Mumbai, D Y Patil University School of Management - (DYPUSM), Mumbai etc.
Cities such as Pune, Mumbai, Nashik, Thane and Aurangabad have the maximum number of MBA colleges in Maharashtra.
There are more than 928 colleges in Maharashtra that offer an MBA programme.
CAT
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