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 497+ 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
GATE Exams
...+6 IIT JAM , CEED , COAP , UCEED , JEE Main , JEE Advanced

Shortlisted by 2278+ 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 551+ 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 CAT , NMAT

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 668+ 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
XAT Exams
...+4 CMAT , CBSE 12th , CAT , MAH MBA CET

Shortlisted by 2076+ 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
XAT Exams
...+4 CMAT , NIFT Entrance Exam , FEAT , CSIR NET

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 611+ students

Amity University Mumbai

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4.4
(92 Reviews)
Mumbai, Maharashtra
Private

32,000 - 6,52,000 Fees
UGC Accredition
...+2 AIU , Government of Maharashtra
ICAR AIEEA Exams
...+6 CBSE 12th , NEET , MAT , CAT , NATA , MAH MBA CET

Shortlisted by 177894+ 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 CBSE 12th , AILET , CLAT , Maharashtra HSC

Shortlisted by 680+ students

IIIT Pune

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4.0
(3 Reviews)
Pune, Maharashtra
Public

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

Shortlisted by 248+ students

MIT WPU

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4.6
(67 Reviews)
Pune, Maharashtra
Private

60,000 - 6,05,000 Fees
UGC Accredition
...+3 BCI , PCI , National Board of Accreditation (NBA)
7 Lacs Avg Package
XAT Exams
...+6 NID Entrance Exam , LSAT-India , CBSE 12th , NIFT Entrance Exam , NEET , CMAT

Shortlisted by 213302+ students

Ajeenkya DY Patil University (ADYPU), Pune

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4.4
(62 Reviews)
Pune, Maharashtra
Private

60,000 - 7,00,000 Fees
UGC Accredition
...+3 AICTE , AIU , Government of Maharashtra
5.5 Lacs Avg Package
XAT Exams
...+6 LSAT-India , CMAT , MAT , CAT , CEED , NID

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 98275+ 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
XAT Exams
...+6 NIMCET , LSAT-India , CBSE 12th , CMAT , NEET , MAT

Shortlisted by 7111+ students

Vishwakarma University

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4.4
(8 Reviews)
Pune, Maharashtra
Private

12,000 - 4,50,000 Fees
UGC Accredition
CMAT Exams
...+6 CAT , NATA , NIFT , JEE Main , CLAT , XAT

Shortlisted by 6823+ 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 242+ 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
Maharashtra B.Ed. CET Exams
...+6 CMAT , CAT , NATA , AIMA UGAT , State Level B.Ed. , JEE Main

Shortlisted by 48651+ students

NICMAR University

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5.0
(1 Reviews)
Pune, Maharashtra
Private

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

Shortlisted by 2766+ 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 - 16,00,000 Fees
UGC Accredition
...+6 AICTE , DCI , MHRD , ISO , INC , NAAC
XAT Exams
...+6 NIMCET , ICAR AIEEA , CMAT , CBSE 12th , NEET , MAT

Shortlisted by 29753+ students

Whistling Woods International

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4.0
(29 Reviews)
Mumbai, Maharashtra
Private

5,50,000 - 14,00,000 Fees
WWI Entrance Exam Exams

Shortlisted by 63367+ 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 JEE Main , GATE , UGC NET

Shortlisted by 688+ 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
SAT India Exams
...+3 CAT , CMAT , 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 42728+ students

IIMS Pune

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4.0
(2 Reviews)
Pune, Maharashtra
Private

2,50,000 - 4,50,000 Fees
AICTE Accredition
7.5 Lacs Avg Package
XAT Exams
...+2 CMAT , MAT

Shortlisted by 2138+ 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
CAT Exams
...+1 CMAT

Shortlisted by 69+ 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)
XAT Exams
...+6 CMAT , NEET , CAT , SNAP , MDS , GMAT

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 880+ students

MIT Aurangabad

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4.8
(15 Reviews)
Aurangabad, Maharashtra
Private

60,000 - 4,08,000 Fees
AICTE Accredition
NIMCET Exams
...+6 MHTCET MTech , CBSE 12th , GATE , JEE Main , Maharashtra HSC , MHT-CET

Shortlisted by 186+ 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
GPAT Exams
...+6 CBSE 12th , GATE , NEET , MAT , CAT , CEED

Shortlisted by 55804+ 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
XAT Exams
...+6 NIMCET , CMAT , CBSE 12th , MAT , CAT , Maharashtra HSC

Shortlisted by 417+ students

Istituto Marangoni

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2.0
(1 Reviews)
Mumbai, Maharashtra
Private

80,000 - 10,99,000 Fees

Shortlisted by 16926+ students

PUMBA Pune

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4.8
(4 Reviews)
Pune, Maharashtra
Private

66,194 - 1,52,000 Fees
UGC Accredition
...+2 NAAC , AICTE
8.85 Lacs Avg Package
XAT Exams
...+6 CMAT , CBSE 12th , MAT , CAT , UGC NET , Maharashtra HSC

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 817+ 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 46+ 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 CAT , CMAT , MAT

Shortlisted by 185+ students

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