Top Management Colleges in Maharashtra 2025: Ranking, Fees, Cut Off 2025

IIM Mumbai

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5.0
(1 Reviews)
Mumbai, Maharashtra
Government
#6 NIRF

1,72,500 - 12,50,000 Fees
AICTE Accredition
...+1 NAAC
25.5 Lacs Avg Package
XAT Exams
...+2 CAT , GATE

NITIE Mumbai is popular for Industrial Engineering and Management courses in India. NITIE offers multiple PG Diploma courses such as Industrial Engineering, Industrial Management, Sustainable Management and many more. For admission at NITIE Mumbai, a valid score in CAT is mandatory. The highest salary package offered ay NITIE placements goes up to Rs 44 LPA, and the average salary goes up to Rs 20 LPA. Some of the popular companies visiting the NITIE campus include Axis Bank, Amazon, RBL Bank and many more.

Shortlisted by 385+ students

IIT Bombay

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4.9
(12 Reviews)
Mumbai, Maharashtra
Government
#10 NIRF

15,000 - 42,00,000 Fees
AICTE Accredition
21.8 Lacs Avg Package
COAP Exams
...+6 MHT-CET , CEED , JEE Advanced , IIT JAM , UCEED , JEE Main

Shortlisted by 1984+ students

Symbiosis Group Of Institutes

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Pune, Maharashtra
University
#13 NIRF

83,000 - 8,53,000 Fees
NAAC Accredition
...+1 National Assessment and Accreditation Council (NAAC)
16.2 Lacs Avg Package
SNAP Exams
...+1 CAT

Shortlisted by 435+ students

SP Jain Institute of Management and Research

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Mumbai, Maharashtra
Private
#20 NIRF

95,000 - 16,85,000 Fees
AICTE Accredition
...+5 NBA , AMBA , AACSB , AIU , National Board of Accreditation (NBA)
32.1 Lacs Avg Package
XAT Exams
...+2 NMAT , CAT

SP Jain Institute of Management and Research (SPJIMR) is a private business school, established in 1981. It’s one of the top MBA colleges in Mumbai, accredited by AIU. The SPJIMR NIRF ranking is 21 in the management category. The popular courses offered at this institution are PGDM & PGPM. The average package offered at SP Jain Institute of Management and Research placements is Rs 23.6 LPA.

Shortlisted by 594+ students

Welingkar Mumbai

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4.5
(4 Reviews)
Mumbai, Maharashtra
Private
#73 NIRF

11,800 - 7,00,000 Fees
NBA Accredition
...+3 AICTE , HRD Ministry of India. , National Board of Accreditation (NBA)
7.57 Lacs Avg Package
CMAT Exams
...+4 XAT , CBSE 12th , CAT , MAH MBA CET

Shortlisted by 2002+ students

Flame University

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4.8
(9 Reviews)
Pune, Maharashtra
Private

90,000 - 10,95,000 Fees
UGC Accredition
...+1 AICTE
6.64 Lacs Avg Package
CSIR NET Exams
...+4 NIFT Entrance Exam , CMAT , XAT , FEAT

FLAME University is a private management university established in Pune. The university is approved by the All India Council for Technical Education (AICTE). The FLAME University courses are offered at the postgraduate level in the field of management. FLAME University offers MBA courses in various specialisations such as marketing, human resources, business analytics, finance, etc. The FLAME University MBA courses have a duration of two years. To be eligible for FLAME University admission to MBA courses, candidates must have a bachelor’s degree with a minimum of 50% marks. FLAME University admissions to MBA courses are based on marks obtained in the CAT/MAT/XAT/CMAT/MH-CET. In the FLAME University placement drive of 2022, 100% of the students were placed in top-notch companies. The average salary package offered to the students was Rs 7.3 LPA. Some of the top recruiters are ICICI Bank, FIS Global, Kotak Bank, TCS, HDFC Bank, and Xiaomi Technology.

Shortlisted by 539+ students

Amity University Mumbai

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4.4
(91 Reviews)
Mumbai, Maharashtra
Private

32,000 - 6,52,000 Fees
UGC Accredition
...+2 AIU , Government of Maharashtra
Maharashtra HSC Exams
...+6 MHCET Law , CLAT , MAH AAC CET , CBSE 12th , NEET , CAT

Shortlisted by 177498+ students

Sathaye College

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4.1
(8 Reviews)
Mumbai, Maharashtra
Private

3,680 - 51,210 Fees
NAAC Accredition
...+1 National Assessment and Accreditation Council (NAAC)
LSAT Exams
...+4 CLAT , AILET , CBSE 12th , Maharashtra HSC

Shortlisted by 649+ students

IIIT Pune

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4.5
(2 Reviews)
Pune, Maharashtra
Public

15,000 - 2,18,000 Fees
MHRD Accredition
...+1 Government of India
14.5 Lacs Avg Package
UGC NET Exams
...+2 GATE , JEE Main

Shortlisted by 220+ students

MIT WPU

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4.6
(67 Reviews)
Pune, Maharashtra
Private

40,000 - 6,05,000 Fees
UGC Accredition
...+3 BCI , PCI , National Board of Accreditation (NBA)
7 Lacs Avg Package
CBSE 12th Exams
...+6 NATA , CLAT , NID Entrance Exam , Maharashtra HSC , MAH B.Ed CET , XAT

Shortlisted by 213105+ students

Ajeenkya DY Patil University (ADYPU), Pune

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4.4
(62 Reviews)
Pune, Maharashtra
Private

1,00,000 - 7,00,000 Fees
UGC Accredition
...+3 AICTE , AIU , Government of Maharashtra
5.5 Lacs Avg Package
MHT-CET Exams
...+6 AIEED , CSIR NET , CMAT , GMAT , NATA , CLAT

Ajeenkya DY Patil University also known as ADYPU is one of the best universities in Maharashtra for management courses like MBA. The admission process of Ajeenkya DY Patil University is based on the performance in ACET - Ajeenkya Common Entrance Test. ADYPU also accepts the scores of MAT, CAT, ACET, and CMAT. A candidate must score a minimum of 50% marks in their bachelors degree for being eligible to get admission in MBA at Ajeenkya DY Patil University Pune.

Shortlisted by 98063+ students

Tilak Maharashtra Vidyapeeth

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4.3
(55 Reviews)
Pune, Maharashtra
Private

4,000 - 5,00,000 Fees
AICTE Accredition
...+1 NAAC
MHT-CET Exams
...+6 CBSE 10th , CSIR NET , NEET , NIMCET , CMAT , NCHMCT JEE

Shortlisted by 7046+ students

ISBM University

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4.0
(7 Reviews)
Mumbai, Maharashtra
Private

7,900 - 69,900 Fees
AICTE Accredition
...+6 British Standard institute (BSI) , NCHEMS , CODL , ASCBE (Europe) , NHRD , IADL
10.8 Lacs Avg Package

Shortlisted by 215+ students

Chhatrapati Shivaji Maharaj University

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4.4
(74 Reviews)
Navi Mumbai, Maharashtra
Private

40,000 - 1,75,000 Fees
UGC Accredition
...+7 BCI , PCI , AIU , Pharmacy Council of India , UGC-AICTE-DEC ( Joint committee) , COA , AICTE
GPAT Exams
...+6 CMAT , IHM-Aurangabad , CLAT , JEE Main , AILET , Navi Mumbai University B.Ed.

Shortlisted by 48597+ students

NICMAR University

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5.0
(1 Reviews)
Pune, Maharashtra
Private

2,12,000 - 6,55,000 Fees
UGC Accredition
CBSE 12th Exams
...+6 NATA , CMAT , GMAT , XAT , MAT , CUET

Shortlisted by 2675+ students

Datta Meghe Institute of Higher Education and Research

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4.2
(8 Reviews)
Wardha, Maharashtra
Government Aided
#71 NIRF

15,000 - 24,75,000 Fees
UGC Accredition
...+6 AICTE , DCI , MHRD , ISO , INC , NAAC
NEET MDS Exams
...+6 MHT-CET , GPAT , NEET , AIAPGET , JEE , CMAT

Shortlisted by 29627+ students

Whistling Woods International

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4.0
(29 Reviews)
Mumbai, Maharashtra
Private

4,00,000 - 11,00,000 Fees
WWI Entrance Exam Exams

Shortlisted by 62479+ students

Symbiosis Institute of Technology

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4.7
(7 Reviews)
Pune, Maharashtra
Private

70,000 - 12,00,000 Fees
NAAC Accredition
...+1 National Assessment and Accreditation Council (NAAC)
7 Lacs Avg Package
MHT-CET Exams
...+3 UGC NET , GATE , JEE Main

Shortlisted by 656+ students

Universal Business School (UBS,UBS Mumbai), Mumbai

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3.7
(9 Reviews)
Mumbai, Maharashtra
Private Unaided

1,98,000 - 11,58,000 Fees
AICTE Accredition
...+7 NBA , AMBA , AACSB , AIU , IACBE , ACICS , EFMD
8.6 Lacs Avg Package
CMAT Exams
...+3 CAT , SAT India , MAH MBA CET

UBS Mumbai is one of the popular business schools in Mumbai approved by All India Council for Technical Education (AICTE). One-year full-time MBA and one year part-time EMBA are the courses offered by the Institute. Universal Business School offers MBA program in four specializations namely marketing, finance, human resource and project management. Whereas, EMBA program is available in marketing and finance only. Universal Business School placements are offered to the candidates through the help of its dedicated placement cell that works on the overall development of a candidate to make him suitable to the requirement of the industry.

Shortlisted by 42693+ students

IIMS Pune

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4.0
(2 Reviews)
Pune, Maharashtra
Private

2,50,000 - 9,00,000 Fees
AICTE Accredition
7.5 Lacs Avg Package
XAT Exams
...+2 CMAT , MAT

Shortlisted by 2127+ students

NIA Pune

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4.0
(3 Reviews)
Pune, Maharashtra
Private

4,720 - 9,43,000 Fees
NAAC Accredition
12.5 Lacs Avg Package
CMAT Exams
...+1 CAT

Shortlisted by 50+ students

SIMS Pune

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4.8
(5 Reviews)
Pune, Maharashtra
University

4,200 - 12,10,000 Fees
UGC Accredition
...+3 NAAC , AICTE , National Assessment and Accreditation Council (NAAC)
NEET Exams
...+6 SNAP , CMAT , GMAT , XAT , MDS , CAT

Symbiosis Institute of Management Studies or SIMS Pune is one of the best MBA colleges in India. SIMS Pune offers full-time MBA and MBA Executive programme of two year. The admission to SIMS Pune is based on the past academic records and Symbiosis National Aptitude (SNAP) Test. SIMS Pune placement 2022 shows a remarkable record. The highest salary offered at Symbiosis Institute of Management Studies was 26.5 lakh per annum, whereas average salary stood at Rs 10.66 lakh per annum. SIMS Pune top recruiters include Deloitte, Google, EY, Axis Bank, and Accenture.

Shortlisted by 864+ students

Sanjay Ghodawat University

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4.1
(14 Reviews)
Kolhapur, Maharashtra
Private

28,000 - 2,02,500 Fees
UGC Accredition
...+1 AICTE
3.8 Lacs Avg Package
MHT-CET Exams
...+6 UCEED , GPAT , PERA CET , NEET , AIEED , NATA

Shortlisted by 55311+ students

Indira Institute Of Management

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4.5
(2 Reviews)
Pune, Maharashtra
Private

30,000 - 7,00,000 Fees
UGC Accredition
...+2 AICTE , National Board of Accreditation (NBA)
3.84 Lacs Avg Package
CMAT Exams
...+6 Maharashtra HSC , XAT , MAT , CBSE 12th , NIMCET , CAT

Shortlisted by 395+ students

Istituto Marangoni

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2.0
(1 Reviews)
Mumbai, Maharashtra
Private

80,000 - 9,99,000 Fees

Shortlisted by 16610+ students

PUMBA Pune

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4.8
(4 Reviews)
Pune, Maharashtra
Private

66,194 - 2,10,000 Fees
UGC Accredition
...+2 NAAC , AICTE
8.85 Lacs Avg Package
CMAT Exams
...+6 GMAT , XAT , MAT , CBSE 12th , Maharashtra HSC , CAT

Department of Management Sciences, Savitribai Phule Pune University, or PUMBA, was established in 1971. The university is accredited by the NAAC with an "A" grade and recognised by the UGC. PUMBA offers MBA courses in various specialisations. To be eligible for admission at PUMBA, candidates must have a bachelor's degree with a minimum of 50% marks. PUMBA admissions will be based on the CMAT/CAT/MH-CET scores. Some of the top companies that participate in the PUMBA placement drive are Axis, Kotak, Bank of Baroda, HDFC Bank, etc. For Department of Management Sciences placement, the highest CTC has been Rs 13.55 LPA and the average CTC has been Rs 6.74 LPA. PUMBA MBA admissions for Maharashtra candidates are contingent on a valid MAH CET exam score from DTE Maharashtra. A valid score in CMAT/ CAT/ MAH CET, on the other hand, works well for candidates from outside Maharashtra.

Shortlisted by 769+ students

IMED Pune

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4.3
(6 Reviews)
Pune, Maharashtra
Private

1,00,000 - 1,87,300 Fees
AICTE Accredition
...+1 NAAC
7.5 Lacs Avg Package

Shortlisted by 45+ students

Pune Institute of Business Management

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4.5
(2 Reviews)
Pune, Maharashtra
Private
#91 NIRF

2,00,000 - 7,95,000 Fees
AICTE Accredition
...+2 NBA , NAAC
XAT Exams
...+3 CMAT , CAT , MAT

Shortlisted by 167+ students

MET Mumbai

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4.2
(4 Reviews)
Mumbai, Maharashtra
Private

3,75,000 - 13,77,905 Fees
AICTE Accredition
...+4 NBA , PCI , ISO , DTE
7 Lacs Avg Package
XAT Exams
...+3 SET , GATE , MAT

MET Institute of Management is considered one of the best and top MBA colleges in Mumbai. Established in 1989, MET Institutes are ISO certified, with affiliations to the University of Mumbai, Directorate of Technical Education, AICTE, MSBTE, PCI, C-DAC - Ministry of Communications and Information Technology, and The Chartered Insurance Institute (CII), London. Ranked 19 Overall by TOI 2021. METoffers diploma, advanced diploma, master's, and doctoral degree in management specializations, pharmacy, IT, Mass media, and Bachelor in Pharmacy. For Ph.D. programs admission is based on NET-JRF/ SET/ GATE or CSIR/ UGC/ ICAR score+ PI. For management and Finance courses, it accepts MAH-CET/ CAT/ CMAT/ XAT/ ATMA/ MAT score+GD+PI. Leading companies are TCS, Edelweiss, InfoEdge, Armstrong, Honeywell, Credit Rating Analyst, Equity Research, Tax Consultant, and many more.

Shortlisted by 39232+ students

ImaginXP

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Pune, Maharashtra
Private

70,000 - 1,98,000 Fees
6.21 Lacs Avg Package
UCEED Exams
...+6 RBSE 12th , AIEED , CMAT , XAT , CEED , NIFT

Shortlisted by 143+ students

Top Management Colleges in Maharashtra 2025

Showing 185 Management Colleges in Maharashtra

IIM Mumbai

IIT Bombay

Symbiosis Group Of Institutes

SP Jain Institute of Management and Research

Welingkar Mumbai

Flame University

Amity University Mumbai

Sathaye College

IIIT Pune

MIT WPU

Ajeenkya DY Patil University (ADYPU), Pune

Tilak Maharashtra Vidyapeeth

ISBM University

Chhatrapati Shivaji Maharaj University

NICMAR University

Datta Meghe Institute of Higher Education and Research

Whistling Woods International

Symbiosis Institute of Technology

Universal Business School (UBS,UBS Mumbai), Mumbai

IIMS Pune

NIA Pune

SIMS Pune

Sanjay Ghodawat University

Indira Institute Of Management

Istituto Marangoni

PUMBA Pune

IMED Pune

Pune Institute of Business Management

MET Mumbai

ImaginXP

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