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

Dnyansagar Institute of Management And Research

Pune, Maharashtra
Private

18,000 - 3,90,000 Fees
Government Accredition
MAT Exams
...+1 XAT

Shortlisted by 11486+ students

Camp Education Society's Institute of Management

Pune, Maharashtra
Private

44,000 - 88,000 Fees
Other Accredition
MAT Exams
...+1 XAT

Shortlisted by 8+ students

EABS Pune

Pune, Maharashtra
Private

1,35,000 - 3,15,000 Fees
AICTE Accredition

Shortlisted by 7+ students

Jayawant Shikshan Prasarak Mandal's Rajarshi Shahu College of Engineering Pune

Pune, Maharashtra
Private

4,500 - 1,20,667 Fees
UGC Accredition
...+3 AICTE , NAAC , National Board of Accreditation (NBA)
4.5 Lacs Avg Package
MHTCET MTech Exams
...+5 CBSE 10th , JEE Main , MHT-CET , CBSE 12th , GATE

JSPM’s Rajarshi Shahu College of Engineering was established in 1998 in Pune. It is an autonomous institute that is approved by the AICTE and affiliated with Savitribai Phule Pune University. JSPM’s Rajarshi Shahu College of Engineering offers MBA courses in various disciplines such as marketing management, financial management, human resource management, operations, and supply chain management, among others. To be eligible for admission, candidates must have a bachelor’s degree in any discipline with a minimum of 50% marks. Candidates also have to appear for the MAH CET or CAT/CMAT and secure qualifying marks for admission. Some of the top recruiters that visit during JSPM’s Rajarshi Shahu College of Engineering placement are Infosys, Wipro, Accenture, Cognizant, Capgemini, etc.

Shortlisted by 328+ students

Sir M. Visvesvaraya Institute of Management Studies & Research

Mumbai, Maharashtra
Private Unaided

1,12,000 - 2,00,000 Fees
AICTE Accredition
...+1 DTE
3.67 Lacs Avg Package
MAT Exams
...+1 XAT

Sir M. Visvesvaraya Institute of Management Studies & Research is approved by AICTE, established in 2010. It’s one of the top MBA colleges in Mumbai. The courses offered at this institution are MBA, MMS, PGDM & MHRDM. The SVIMS admission is based on the entrance test and merit scores. The application mode is online. The top recruiters of SVIMS Mumbai placements are IDFC, ICICI, HDFC Standard Life, HDFC AMC and many more. The institution has an outstanding placement record. The highest placement package is Rs 12.02 LPA. The average SVIMS salary package is Rs 4.5 LPA.

Shortlisted by 31+ students

FOSTIIMA Business School (FBS), Mumbai

4.0
(1 Reviews)
Mumbai, Maharashtra
Private

UGC Accredition

Shortlisted by 11+ students

JBIMS Mumbai

Mumbai, Maharashtra
Private

85,000 - 4,72,000 Fees
AICTE Accredition
...+2 NAAC , National Assessment and Accreditation Council (NAAC)
MAT Exams
...+3 XAT , CAT , CMAT

Shortlisted by 61+ students

Aegis School of Business & Telecommunication

Mumbai, Maharashtra
Private

9,000 - 4,50,000 Fees
Other Accredition

Shortlisted by 12+ students

DPCOE Pune

3.7
(7 Reviews)
Pune, Maharashtra
Private Unaided

41,000 - 1,00,000 Fees
NAAC Accredition
...+1 AICTE
4.5 Lacs Avg Package
JEE Main Exams
...+3 MHTCET MTech , GATE , MHT-CET

DPCOE Pune also known as Dhole Patil College of Engineering is a premier Engineering and Management College located in Pune, Maharashtra. DPCOE offers MBA degrees in five specialisations. The admission in DPCOE is strictly based on the merit secured in either the state level or national level entrance examinations. Students need to clear one of the following exams MH-CET, CAT, ATMA, MAT, or AMIE to get admission to MBA. DPCOE also invites renowned companies for recruitment in job fairs organised within the campus.

Shortlisted by 49582+ students

Lexicon Institute of Management Education

2.0
(1 Reviews)
Pune, Maharashtra
Private

1,99,000 - 4,45,000 Fees
AICTE Accredition
MAT Exams
...+1 CAT

The Lexicon Institute of Management was established in 2006 in Pune. The institute is approved by AICTE. Lexicon Institute of Management offers MBA and PGDM courses. The management courses have a duration of two years. The PGDM course has an annual fee of Rs 1,99,000. To be eligible for admission candidates must have a bachelor’s degree in any stream with a minimum of 50% marks. Candidates have to appear for the CAT/MAT/XAT/CMAT/MHCET/GMAT and secure qualifying marks to be eligible for group discussion and personal interview.

Shortlisted by 7+ students

Neville Wadia Institute of Management Studies and Research

4.5
(2 Reviews)
Pune, Maharashtra
Private

18,000 - 3,80,000 Fees
AICTE Accredition
...+1 Government of Maharashtra
MAH MBA CET Exams

Neville Wadia Institute of Management Studies and Research was established in 1991 by the Modern Education Society. The institute is approved by the AICTE, affiliated with the University of Pune, and recognised by the Government of Maharashtra. Neville Wadia Institute of Management Studies and Research offers 2 year full time MBA courses with an intake of 180 students. To be eligible for admission at the Neville Wadia Institute of Management Studies and Research, candidates must have passed their bachelor's degree with a minimum of 50% marks in any discipline. Candidates have to pass common entrance tests approved by the authority of DTE, government of Maharashtra.

Shortlisted by 117+ students

Shri Shivaji Maratha Society's Institute of Management & Research

Pune, Maharashtra
Private

73,300 - 90,000 Fees
AICTE Accredition
MAT Exams
...+1 XAT

Shri Shivaji Maratha Society's Institute of Management & Research was established in 2001. It is one of the top management institutes and is approved by AICTE. Shri Shivaji Maratha Society's Institute of Management & Research is affiliated with Savitribai Phule Pune University and is recognised by the DTE Government of Maharashtra. The institute is also accredited by NAAC with a "B" grade. Shri Shivaji Maratha Society's Institute of Management & Research offers two year full time MBA courses. To be eligible for admission, candidates must have at least 50% marks in bachelor's degree in any stream. Candidates must also appear for ATMA/CAT/MAT/CMAT/XAT. Some of the recruiters who hire students during the placements are Birla Sun Life, TATA, Toyota, HP, etc.

Shortlisted by 18+ students

Shri Sant Gajanan Maharaj College of Engineering Buldhana

3.4
(5 Reviews)
Buldhana, Maharashtra
Private

93,750 - 4,80,000 Fees
AICTE Accredition
...+3 NBA , UGC , NAAC
3.24 Lacs Avg Package
MHTCET MTech Exams
...+4 JEE Main , MHT-CET , CMAT , GATE

Shortlisted by 119+ students

Institute of Logistics & Aviation Management (ILAM), Mumbai

Mumbai, Maharashtra
Private

35,000 - 3,29,000 Fees
UGC Accredition
Tamilnadu 12th Exams
...+2 Maharashtra HSC , CBSE 12th

Shortlisted by 39+ students

S P More College

Navi Mumbai, Maharashtra
Private

UGC Accredition

Shortlisted by 50+ students

PDEA Pune

Pune, Maharashtra
Private

Other Accredition
GMAT Exams
...+6 JEE Main , MHT-CET , MAT , XAT , CMAT , CAT

Pune District Education Association, or PDEA, was established on September 7, 1941, in Pune. The institute is approved by the AICTE and recognised by the Government of Maharashtra. PDEA Pune offers MBA courses of two years' duration. Students must have a bachelor's degree with a minimum of 50% marks in any discipline to be eligible for admission. Candidates are selected on the basis of merit in the qualifying examination. Some of the top recruiters that visit during the PDEA Pune placements are PepsiCo, Bajaj Allianz Life Insurance Company, Britannia Industries, Just Dial, etc.

Shortlisted by 84+ students

TIME Nagpur

4.0
(4 Reviews)
Nagpur, Maharashtra
Private

1,13,000 Fees
Ministry o Accredition
...+3 AICTE, Directorate of Technical Education , Ministry of HRD , AICTE
3.5 Lacs Avg Package
MAT Exams
...+3 XAT , Maharashtra HSC , CBSE 12th

Shortlisted by 171+ students

ITM Business School Navi Mumbai

4.2
(6 Reviews)
Navi Mumbai, Maharashtra
Private

6,22,500 Fees
NBA Accredition
...+2 AIU , AICTE
NMAT by GMAC Exams
...+5 MAT , XAT , ATMA , CMAT , CAT

Shortlisted by 1120+ students

ISMS Sankalp Business School

Pune, Maharashtra
Private

2,05,000 - 6,00,000 Fees
Other Accredition

ISMS Sankalp Business School is one of the top B-schools in Pune. The B-school is approved by AICTE, affiliated with Savitribai Phule Pune University, and in collaboration with MCCIA (Mahratta Chamber of Commerce, Industries, and Agriculture). ISMS Sankalp Business School offers MBA courses in various specialisations. To be eligible for admission, candidates must have a graduation degree in any discipline with atleast 50% marks. Candidates have to appear for CAT/CMAT/MH-CET etc. to be eligible for group discussion and personal interview. Some of the recruiting companies during ISMS Sankalp Business School placement process are 99 acres, Magicbricks.com, upGrad, Reliance Retail, etc.

Shortlisted by 16+ students

P E Society's Modern Institute of Business Management

Pune, Maharashtra
University

85,500 - 85,580 Fees
DTE Accredition
...+1 AICTE

Shortlisted by 20+ students

Central Institute of Business Management Research and Development

3.5
(2 Reviews)
Nagpur, Maharashtra
Private

20,000 - 1,20,000 Fees
AICTE Accredition
CAT Exams

Shortlisted by 546+ students

ISMS Pune

4.3
(30 Reviews)
Pune, Maharashtra
Private

4,50,000 Fees
AICTE Accredition
6.5 Lacs Avg Package
MAT Exams
...+3 CAT , XAT , CMAT

Established as a Private Overseas Education Centre, ISMS Pune is affiliated with the International School of Management which is known for its MBA courses under various specialisations, both domestic and international. The school is accredited by BTEC Pearson, UK as International Centre & approved by various UK Universities for Twinning Programs and is also approved by AICTE. The candidates are admitted based on their merit scores secured by them in the qualifying exams and valid scores of CAT/CMAT/ MH-CET followed by group discussion/ Personal Interview. The fee required for these courses range between Rs 4.5L - 15L and the duration is two years. The school cooperates with well-known companies from all fields such as banking, retail, financial services, manufacturing, hotels, FMCG, real estate, e-commerce and is often sought out by PUMA, ICICI Bank, CRISIL, Axis Bank, HCL, LG, etc.

Shortlisted by 19742+ students

JDC BYTCO Nashik

5.0
(1 Reviews)
Nashik, Maharashtra
Private

80,000 - 84,010 Fees
AICTE Accredition
MAT Exams
...+2 XAT , MAH MBA CET

Shortlisted by 73+ students

Allana Institute of Management Sciences (AIMS), Pune

3.0
(1 Reviews)
Pune, Maharashtra
Private

60,000 - 2,34,000 Fees
AICTE Accredition
...+1 NBA
6.2 Lacs Avg Package
MAT Exams
...+2 XAT , NIMCET

Shortlisted by 45+ students

Poona Institute of Management Sciences and Entrepreneurship

Pune, Maharashtra
Private

1,84,000 Fees
AICTE Accredition
MAT Exams
...+4 XAT , ATMA , CMAT , CAT

Shortlisted by 26+ students

VIMS Pune

Pune, Maharashtra
Private

63,500 Fees
Govt. of M Accredition
...+1 AICTE

Shortlisted by 4+ students

CDSA Pune

Pune, Maharashtra
Private

1,50,000 Fees
Other Accredition
IPU CET Exams

Shortlisted by 6+ students

Vidya Pratishthans Institute of Information Technology

3.0
(1 Reviews)
Pune, Maharashtra
Private

1,50,000 Fees
AICTE Accredition
...+2 NAAC , National Assessment and Accreditation Council (NAAC)
MAH MBA CET Exams

Shortlisted by 13+ students

Dr. D. Y. Patil Vidyapeeth Global Business School & Research Centre

Pune, Maharashtra
Private Unaided
#63 NIRF

1,75,000 - 4,80,000 Fees
NAAC Accredition
MAT Exams
...+2 CAT , CMAT

Shortlisted by 230+ 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

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