Top MBA Colleges in Maharashtra 2025: Ranking, Fees, Admission, Placement 2025

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

NMIMS Mumbai

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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
NMIMS NPAT Exams
...+6 MHT-CET , CBSE 12th , GPAT , NMAT , XAT , NMAT by GMAC

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 15602+ students

La Sphere School of Hotel Management

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Mumbai, Maharashtra
Private

40,000 - 1,28,000 Fees

Shortlisted by 303+ students

KJ SOMAIYA Mumbai

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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
CMAT Exams
...+6 GMAT , XAT , MAT , NIMCET , CAT , MAH MBA CET

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 1137+ 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

ICT Mumbai

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

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

Shortlisted by 1635+ 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

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

Sandip University

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4.5
(72 Reviews)
Nashik, Maharashtra
Private

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

Shortlisted by 97488+ students

Nagpur Institute of Technology

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4.0
(6 Reviews)
Nagpur, Maharashtra
Private

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

Shortlisted by 733+ 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

SNDT Women's University

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4.8
(4 Reviews)
Pune, Maharashtra
Government

6,000 - 1,42,730 Fees
Govt. of M Accredition
...+2 UGC , NAAC
MHT-CET Exams
...+6 NEET , MAH-MPH-CET , SNAP , BITS-Pilani , CMAT , BITSAT

Shortlisted by 903+ 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

Vishwakarma University

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4.4
(8 Reviews)
Pune, Maharashtra
Private

12,000 - 4,50,000 Fees
UGC Accredition
CMAT Exams
...+6 CLAT , JEE Main , AILET , Maharashtra HSC , NID DAT , LSAT

Shortlisted by 6648+ 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

Don Bosco Institute of Technology Mumbai

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4.5
(2 Reviews)
Mumbai, Maharashtra
Private

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

Shortlisted by 185+ 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

RIIM Pune

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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 CMAT , CAT , MAT , XAT

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 13917+ students

Symbiosis Institute of Computer Studies and Research

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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
SNAP Exams
...+5 CMAT , GMAT , XAT , SET , CAT

Shortlisted by 235+ 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

Dr DY Patil Technical Campus

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5.0
(1 Reviews)
Kolhapur, Maharashtra
Private

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

Shortlisted by 57+ students

DY Patil University

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1.0
(1 Reviews)
Navi Mumbai, Maharashtra
Private

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

Shortlisted by 441+ students

MIT Pune

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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
MHT-CET Exams
...+6 GPAT , PERA CET , XAT , CEED , MAT , CBSE 12th

Shortlisted by 523+ students

Rajarambapu Institute of Technology Sangli

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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)
MHT-CET Exams
...+6 CBSE 10th , MHTCET MTech , JEE Main , XAT , MAT , CBSE 12th

Shortlisted by 62469+ 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

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

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