Top MBA Colleges in Maharashtra 2025

There are total 521 M.B.A. (Master of Business Administration) colleges in Maharashtra. Out of the total, 409 M.B.A. (Master of Business Administration) colleges are private and 14 M.B.A. (Master of Business Administration) are owned by the government.CAT, GMAT, XAT, CMAT, MAT are accepted for admission in M.B.A. (Master of Business Administration) colleges in India. Top 10 M.B.A. (Master of Business Administration) colleges are IIT Bombay, UNIPUNE - Savitribai Phule Pune University (SPPU), Institute of Chemical Technology, Datta Meghe Institute of Higher Education and Research, Narsee Monjee Institute of Management Studies Mumbai, Maharashtra Institute of Technology Pune, Siddhant Institute of Business Management, Shivneri Institute Of Business Management, Nagpur Institute Of Technology, Vidya Pratishthans Institute of Information Technology.

M.B.A. (Master of Business Administration) College Highlights in Maharashtra

Total Number of colleges	521
Accepted Entrance Exams	CAT, GMAT, XAT, CMAT, MAT
Average Fees	₹ 2.17 Lacs
Average Placement	₹ 1436155.0

No. of M.B.A. (Master of Business Administration) Colleges in nearby Maharashtra

State	Number of Colleges	Average Fees
Chhattisgarh	43	₹ 103339
Goa	3	₹ 91600
Gujarat	255	₹ 122720
Karnataka	399	₹ 214397
Madhya Pradesh	269	₹ 95014

Top Govt M.B.A. (Master of Business Administration) Colleges in Maharashtra

College Name	Seat Intake	Average Fees
IIT Bombay	-	₹ 200000
UNIPUNE - Savitribai Phule Pune University (SPPU)	-	₹ 72366
Sydenham Institute of Management Studies Research and Entrepreneurship Education	-	₹ 156000
SNDT Women's University	-	₹ 50000
Kavayitri Bahinabai Chaudhari North Maharashtra University	-	-
Jayawant Institute of Management Studies	-	-
The Indian Institution of Valuers	-	-
SGBAU Amravati	-	-
Shantiniketan Business School	-	-
School of Commerce & Management Sciences	60	₹ 802999

Top Private M.B.A. (Master of Business Administration) Colleges in Maharashtra

College Name	Seat Intake	Average Fees
Institute of Chemical Technology	18	-
Maharashtra Institute of Technology Pune	690	₹ 787142
Siddhant Institute of Business Management	-	₹ 275000
Shivneri Institute Of Business Management	-	-
Nagpur Institute Of Technology	-	-
Vidya Pratishthans Institute of Information Technology	-	₹ 150000
National Institute of Construction Management and Research, Pune	975	₹ 422692
Rajarambapu Institute of Technology Sangli	300	₹ 104940
Synergy Institute of Management	120	₹ 35000
Ramachandran International Institute of Management	-	₹ 297000

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M.B.A. (Master of Business Administration)
Maharashtra

Showing 516 MBA Colleges in Maharashtra

IIT Bombay

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

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

Shortlisted by 2055+ students

Symbiosis Group Of Institutes

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 453+ students

NMIMS Mumbai

4.2
(133 Reviews)
Mumbai, Maharashtra
Private Unaided
#21 NIRF

26,000 - 12,50,000 Fees
UGC Accredition
...+3 NBA , NAAC , AICTE
26.6 Lacs Avg Package
CLAT Exams
...+6 GATE , GPAT , JEE Main , MHT-CET , NMAT by GMAC , MAH MCA CET

Narsee Monjee Institute of Management Studies was established in 1981 and has since grown to become a globally renowned institution. The Shri Vile Parle Kelavani Mandal (SVKM), recognised for its social concern, decided to meet India's growing demand for management institutes. The University Grants Commission and the Ministry of Education have authorised the institute, and it is accredited by the NAAC and NBA. The management college is AACSB certified, while the Bengaluru and Hyderabad programmes are AMBA accredited. The Mumbai University was the first to recognise the institute. NMIMS currently offers 17 specialised schools and 16 fields. Management, business, commerce, and economics, pharmaceutical sciences, engineering, and technology management are among the programmes offered.

Shortlisted by 15666+ students

La Sphere School of Hotel Management

Mumbai, Maharashtra
Private

40,000 - 1,28,000 Fees

Shortlisted by 304+ students

KJ SOMAIYA Mumbai

4.0
(2 Reviews)
Mumbai, Maharashtra
Private
#63 NIRF

82,675 - 16,62,000 Fees
NBA Accredition
...+6 SAQS , AACSB , AIU , MHRD , ISO , AICTE
9.87 Lacs Avg Package
GMAT Exams
...+6 MAH MBA CET , MAT , XAT , NIMCET , CMAT , CAT

KJ Somaiya Institute of Management was founded in 1981 in Mumbai as a private B-school. KJ SOMAIYA Mumbai is one of the best management colleges in India, ranking in the top amongst full & part-time MBA colleges. KJ Somaiya Institute of Management ranks 71st in the list of NIRF 2022 top Management colleges in India. KJ SOMAIYA Mumbai MBA admissions are offered on the basis of CAT/ XAT / CMAT/ NMAT scores followed by personal interview. KJ SOMAIYA Mumbai highest salary package offered was Rs 26.5 lakh per annum.

Shortlisted by 1156+ students

Flame University

4.8
(9 Reviews)
Pune, Maharashtra
Private

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

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 565+ students

Amity University Mumbai

4.4
(92 Reviews)
Mumbai, Maharashtra
Private

32,000 - 6,52,000 Fees
UGC Accredition
...+2 AIU , Government of Maharashtra
CLAT Exams
...+6 Maharashtra HSC , JEE Main , MHT-CET , MAH MCA CET , MAH MBA CET , MAT

Shortlisted by 177595+ students

ICT Mumbai

4.8
(16 Reviews)
Mumbai, Maharashtra
Private
#56 NIRF

41,250 - 3,48,000 Fees
AICTE Accredition
GATE Exams
...+6 UGC , CSIR-UGC , JEE Main , MHT-CET , GPAT , NEET

Shortlisted by 1654+ students

MIT WPU

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
CLAT Exams
...+6 NID Entrance Exam , Maharashtra HSC , NIFT Entrance Exam , PERA CET , CEED , LSAT-India

Shortlisted by 213190+ students

PUMBA Pune

4.8
(4 Reviews)
Pune, Maharashtra
Private

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

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 786+ students

Sandip University

4.4
(73 Reviews)
Nashik, Maharashtra
Private

7,000 - 2,55,000 Fees
UGC Accredition
...+4 AICTE , BCI , AIU , NCTE
3 Lacs Avg Package
CLAT Exams
...+6 Maharashtra HSC , CBSE 10th , JEE Main , MHT-CET , SU JEE , SLAT

Shortlisted by 97618+ students

Nagpur Institute of Technology

4.0
(6 Reviews)
Nagpur, Maharashtra
Private

57,778 - 3,84,000 Fees
DTE Mahara Accredition
...+2 NAAC , AICTE
3 Lacs Avg Package
GMAT Exams
...+6 JEE Main , MHT-CET , MAT , XAT , CMAT , CAT

Shortlisted by 734+ students

Ajeenkya DY Patil University (ADYPU), Pune

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
AILET Exams
...+6 CLAT , CEED , AIEED , LSAT-India , NIFT , GMAT

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 98143+ students

SNDT Women's University

4.8
(4 Reviews)
Pune, Maharashtra
Government

6,000 - 1,42,730 Fees
Govt. of M Accredition
...+2 UGC , NAAC
AILET Exams
...+6 CLAT , BITS-Pilani , LSAT-India , JEE Main , MHT-CET , MU OET

Shortlisted by 926+ students

Tilak Maharashtra Vidyapeeth

4.3
(55 Reviews)
Pune, Maharashtra
Private

4,000 - 5,00,000 Fees
AICTE Accredition
...+1 NAAC
NCHMCT JEE Exams
...+6 CLAT , AILET , Maharashtra HSC , LSAT-India , CBSE 10th , MHT-CET

Shortlisted by 7081+ students

Vishwakarma University

4.4
(8 Reviews)
Pune, Maharashtra
Private

12,000 - 4,50,000 Fees
UGC Accredition
CAT Exams
...+6 VUNET , Maharashtra HSC , AIEED , NID DAT , CBSE 12th , NATA

Shortlisted by 6711+ students

Chhatrapati Shivaji Maharaj University

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
UGC NET Exams
...+6 CAT , CET , MHT-CET , IHM-Aurangabad , CBSE 12th , NCHM JEE

Shortlisted by 48620+ students

NICMAR University

5.0
(1 Reviews)
Pune, Maharashtra
Private

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

Shortlisted by 2756+ students

Don Bosco Institute of Technology Mumbai

4.5
(2 Reviews)
Mumbai, Maharashtra
Private

1,32,000 - 5,28,000 Fees
AICTE Accredition
GMAT Exams
...+6 JEE Main , MHT-CET , MAT , XAT , CMAT , CAT

Shortlisted by 193+ students

Datta Meghe Institute of Higher Education and Research

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
Maharashtra HSC Exams
...+6 JEE , GMAT , JEE Main , MHT-CET , GPAT , AIAPGET

Shortlisted by 29698+ students

Whistling Woods International

4.0
(29 Reviews)
Mumbai, Maharashtra
Private

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

Shortlisted by 62813+ students

RIIM Pune

4.2
(31 Reviews)
Pune, Maharashtra
Private

2,95,000 - 4,05,000 Fees
AICTE Accredition
...+1 Government of Maharashtra
5.95 Lacs Avg Package
GMAT Exams
...+4 MAT , XAT , CMAT , CAT

RIIM Pune was established in 2014 in Pune. The institute offers MBA courses that are approved by AICTE, affiliated with Savitribai Phule Pune University, and recognised by the Government of Maharashtra. RIIM Pune MBA fees range from Rs 4,95,000 to Rs 6,30,000 depending on the specialisation. To be eligible for RIIM Pune admissions, candidates must have at least 50% marks in a bachelor's degree in any discipline from a recognised university. Candidates who are appearing for the final year of their bachelor's degree are also eligible. RIIM Pune admissions are based on CAT/MAT/XAT/CMAT/ATMA scores. Some of the top recruiters that participate in the RIIM Pune placement drive are Jockey, Paytm, Capgemini, etc.

Shortlisted by 13985+ students

Symbiosis Institute of Computer Studies and Research

4.7
(3 Reviews)
Pune, Maharashtra
University

4,40,000 - 11,00,000 Fees
others Accredition
...+2 NAAC , National Assessment and Accreditation Council (NAAC)
7.42 Lacs Avg Package
GMAT Exams
...+5 SNAP , XAT , CMAT , CAT , SET

Shortlisted by 252+ students

Universal Business School (UBS,UBS Mumbai), Mumbai

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 42707+ students

Dr DY Patil Technical Campus

5.0
(1 Reviews)
Kolhapur, Maharashtra
Private

70,000 - 7,00,000 Fees
AICTE Accredition
MHT-CET Exams

Shortlisted by 59+ students

DY Patil University

1.0
(1 Reviews)
Navi Mumbai, Maharashtra
Private

5,50,000 - 14,00,000 Fees
UGC Accredition
...+2 AICTE , NAAC
CAT Exams
...+2 CBSE 12th , XAT

Shortlisted by 441+ students

MIT Pune

3.7
(7 Reviews)
Pune, Maharashtra
Private

60,000 - 17,20,000 Fees
AICTE Accredition
...+3 NBA , DTE , National Board of Accreditation (NBA)
7 Lacs Avg Package
Maharashtra HSC Exams
...+6 CEED , PERA CET , GPAT , MHT-CET , MAH MBA CET , MAT

Shortlisted by 532+ students

Rajarambapu Institute of Technology Sangli

4.5
(12 Reviews)
Sangli, Maharashtra
Private

27,080 - 5,46,000 Fees
UGC Accredition
...+7 AICTE , NBA , DTE , NAAC , Autonomous , National Assessment and Accreditation Council (NAAC) , National Board of Accreditation (NBA)
MHTCET MTech Exams
...+6 Maharashtra HSC , CBSE 10th , JEE Main , MHT-CET , MAH MBA CET , MAT

Shortlisted by 62477+ students

IIMS Pune

4.0
(2 Reviews)
Pune, Maharashtra
Private

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

Shortlisted by 2130+ students

SIMS Pune

4.8
(5 Reviews)
Pune, Maharashtra
University

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

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 870+ students

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