Top MBA Colleges in Pune 2024: Rankings, Fees, Admissions, Courses, Placements

Top MBA colleges in Pune include SIBMPune Institute of Business ManagementBharati Vidyapeeth's Institute of Management and Entrepreneurship DevelopmentNational Insurance Academy, etc. Pune is home to around 210 recognized MBA colleges, out of them around 206 are private and 9 are government MBA colleges in Pune. Most of the best MBA colleges in Pune are approved by AICTE and more than 34 are approved by UGC. 

  • Symbiosis Institute of Business Management - SIBM Pune is ranked #17 followed by the National Institute of Bank Management Pune at #76 among the Top MBA Colleges in India by NIRF Ranking. 
  • MBA admissions in the top MBA Colleges in Pune are mostly done through various Management Entrance Exams such as CAT, MAH CET, SNAP, etc.  However, some UGC-approved MBA colleges in Pune offer Direct MBA Admission through merit-based programs.  
  • The Best MBA Government Colleges in Pune are PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University, National Institute of Construction Management and Research, and Tilak Maharashtra Vidyapeeth, Pune.
  • The MBA course fee in Pune ranges from INR 50,000 to 30 Lakhs per year depending upon the college. Savitribai Phule Pune University - [SPPU], Brihan Maharashtra College of Commerce - [BMCC], and Marathwada Mitramandal's College of Commerce - [MMCC] are some of the Best MBA colleges in Pune with Low Fees structures of less than INR 25,000 per year.
  • The average CTC offered by the best MBA colleges in Pune is between INR 10 - 15 LPA. Symbiosis Institute of Business Management (SIBM) Pune, and Symbiosis Centre For Management And Human Resource Development (SCMHRD) Pune are the best MBA colleges in Pune with high placement

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Top 20 MBA Colleges in Pune

The best MBA colleges in Pune are ranked by various popular and trusted Ranking agencies such as NIRF, India Today, The Times, and many others. Check out the Top 20 MBA Colleges in Pune along with MBA/PGDM seats:

College/ University Name  MBA/PGDM Seats
Bharati Vidyapeeth University, Institute of Management and Entrepreneurship Development - [IMED], Pune  240
Symbiosis Institute of Business Management - [SIBM], Pune  280
Symbiosis Centre for Management and Human Resource Development - [SCMHRD], Pune  306
National Insurance Academy - [NIA], Pune  120
Pune Institute of Business Management - [PIBM], Pune  180
Symbiosis Institute of International Business - [SIIB], Pune  210
International Institute of Management Studies - [IIMS], Pune  240
Balaji Institute of Modern Management - [BIMM], Pune  360
Balaji Institute of Management and Human Resource Development - [BIMHRD], Pune  240
Institute of Management Development and Research (IMDR), Pune 180
International School of Business and Media (ISB&M) Pune 300
MIT School of Business - MITSOB Pune 180
Lexicon Management Institute of Leadership Excellence, Pune 300
MITCON Institute of Management (MITCON) Pune 240
International School of Management Research (ISMR) Pune 240
Genesis Business School 120
Amity Global Business School Pune 60
Indira School of Business Studies, Pune 420
BITM Pune 240
FLAME University Pune 120

Top Ranked MBA Colleges in Pune

Every year, tens of ranking agencies release lists of top colleges in India for different streams including management, education, law, engineering, architecture, pharmacy, etc. These rankings are divided into various other categories like state-wise, city-wise, university-type, etc. NIRF, Business Today, and The Economic Times are some of these popular agencies releasing various ranking lists like Top MBA Colleges in India, Top Engineering Colleges in Karnataka, etc.

These rankings are based on multiple parameters like Faculty Quality, Placements, Exam Patterns, Learning Outcomes, etc. Mentioned below are some of the top MBA colleges in Pune rank-wise with their fee structure. We have also mentioned the rankings of management colleges, as released in the latest NIRF Ranking.

Top MBA Colleges in Pune with NIRF Ranking 2023

The National Institutional Ranking Framework or simply NIRF is a government ranking agency run by the Ministry of HRD, Government of India. The agency releases multiple ranking lists every year for 10 different categories, namely, University, Engineering, College, Management, Pharmacy, Law, Architecture, Medical, and Dental, along with an Overall ranking list.

  • Only 5 colleges from Pune managed to secure a place in the list of top MBA colleges in India as per NIRF Ranking. 
  • Symbiosis Institute of Business Management - SIBM Pune is one of the best MBA colleges in Pune. It is ranked #17 by NIRF Ranking 2023.
  • Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development Pune is ranked 102 among the latest NIRF Ranking 2023. 
  • National Insurance Academy Pune and Pune Institute of Business Management are some other top MBA colleges in India ranked by NIRF Ranking 2023.

Check out the table below which enlists the top MBA colleges in Pune according to the latest NIRF Ranking 2023 with their NIRF score:

NIRF Ranking 2023 College/ University Name NIRF Score
17 Symbiosis Institute of Business Management, Pune 62.74
76 National Institute of Bank Management, Pune 47.08
102 Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development, Pune -
114 National Insurance Academy, Pune -
117 Pune Institute of Business Management, Pune -

Check:

The following chart gives a glimpse into the ranking parameters of the NIRF survey. 

NIRF Ranking Parameters Weightage

Source: NIRF Official Website

Top MBA Colleges in Pune with The Times Ranking

The Times is an Indian English-language daily newspaper and digital media. It is one of the largest-selling English-language daily newspapers in the world and the third-largest newspaper in India by circulation. Optimal Media Solutions - The Times in partnership with Avance India has conducted a survey and published a list of Top Engineering colleges in India. The Times survey is based on different parameters to rank a college.

The following is a list of the leading MBA colleges in Pune, ranked by The Times Ranking for the year 2023.

The Times Ranking 2023 College Name 
1 Symbiosis Institute of Business Management
13 International School of Business And Media
14 MIT World Peace University, School of Management
15 Lexicon Management Institute of Leadership And Excellence
19 Dr. D. Y. Patil B-School, Tathawade
20 Balaji Institute of Modern Management (BIMM)
23 International Institute of Management Studies
25 Indus Business School
34 Pune Institute of Business Management

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Top 10 Private MBA Colleges in Pune

SIBM Pune is the best Private MBA college in Pune. The institute offers MBA courses in 3 specializations and it has a seat intake of 284+ for MBA/ PGDM courses and 60 for EMBA courses. Below are the top 10 Private MBA colleges in Pune along with their fee structure.

College/ University Name Average Annual fees 
Symbiosis Institute of Business Management - [SIBM], Pune  INR 13,49,000
SCMHRD Pune INR 11,05,000 
International Institute of Management Studies - [IIMS], Pune  INR 4,50,000
IMED Pune  INR 2,25,000
RIIM - Arihant Group of Institutes - [RIIM], Pune  INR 4,25,000
Symbiosis Institute of International Business - [SIIB], Pune  INR 8,67,000 
Balaji Institute of Modern Management - [BIMM], Pune  INR 4,80,000
National Institute of Bank Management - [NIBM], Pune  INR 16,00,000 
Pune Institute of Business Management - [PIBM], Pune INR 7,95,000 (Total Fees) 
MIT World Peace University - [MITWPU], Pune  INR 4,50,000

MBA Government Colleges in Pune

There are around 10-11 government MBA colleges in Pune.  PUMBA Pune is the best Government MBA college in Mumbai. Tabulated below are the top MBA Government colleges in Mumbai with the average annual fees.

College/ University Name Average Annual fees 
PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University INR 4,91,100
National Institute of Construction Management and Research, Pune INR 8,15,000 (Total Fees) 
Tilak Maharashtra Vidyapeeth, Pune INR 85,000
Vaikunth Mehta National Institute of Cooperative Management, Pune INR 3,52,775
Savitribai Phule Pune University, Pune INR 1,80,000 to 7,95,000
COEP Pune - College of Engineering INR 1,99,000
Mahatma Phule Krishi Vidyapeeth - [MPKV], Pune INR 60,600
Mulshi Institute of Business Management - [MIBM], Pune  INR 4,50,000

Top MBA Colleges in Pune with the best ROI (Return on Investment)

ROI is the key factor to determine how profitable the MBA course of a particular college is. ROI or Return on Investment is calculated as a percentage of the return (package) you get on your investment (fees). Among all the colleges, the Institute of Management Development and Research (IMDR), Pune ranks No. 1 when it comes to return on investment.

  • Among all the Symbiosis colleges mentioned, SIDTM ranks the lowest ROI-wise.
  • VAMNICOM Pune, one of the Top Government MBA colleges in Pune, offers the best ROI in the city with the average annual package being around more than twice the fee for 1-year.
  • Other top MBA colleges in Pune according to ROI are the Balaji Institute of Modern Management [BIMM] and Pune Institute of Business Management [PIBM].

The following table lists some of the top MBA colleges in Pune with the best ROI.

College/ University Name  Average Annual Fees (INR) Average Placement Package (INR) ROI Rank*
IMED Pune INR 2,25,000 INR 7.5 LPA 1
SIBM Pune  INR 13,49,000 INR 23.06 LPA 2
Pune Institute of Business Management, Pune INR 3,97,500 INR 6 LPA 3
IIMS Pune INR 4,50,000 INR 5.5 LPA 4
SCMHRD Pune INR 11,05,000  INR 6.50 LPA 5

*ROI Percentage={(Average Placement Package)/(Average Annual Fee)}*100%

Top MBA Colleges in Pune With Cutoff

The best MBA colleges in Pune offer MBA Admissions based on scores in the MBA entrance exams, therefore Cutoff is one of the most important factors for MBA Admission. Tabulated below are the best MBA colleges in Pune along with their accepted exam cutoffs.

College Name Cut off Percentile
Symbiosis Institute of Business Management (SIBM) Pune Check SIBM Cutoff
Symbiosis Centre For Management And Human Resource Development (SCMHRD) Pune Check SCMHRD Cutoff
Department of Management Sciences (PUMBA), Pune Check PUMBA Cutoff
Balaji Institute of Modern Management (BIMM) Pune Check BIMM Cutoff
International School of Business and Media (ISB&M) Pune Check ISB&M Cutoff
MIT School of Business - MITSOB Pune Check MITSOB Cutoff
International Institute of Management Studies (IIMS) Pune Check IIMS Cutoff
Lexicon Management Institute of Leadership and Excellence (Lexicon MILE) Pune Check Lexicon MILE Cutoff
National Insurance Academy (NIA) Pune Check NIA Cutoff
MITCON Institute of Management (MITCON) Pune  Check MITCON Cutoff
International School of Management and Research (ISMR) Pune Check ISMR Cutoff Here

Best MBA Colleges in Pune with Fees

The average fees in the top MBA colleges in Pune can be between INR 20,000 to INR 14,00,000 annually. Listed below are the best MBA colleges in Pune with fee structure.

College/ University Name Average Annual fees 
Shailesh J. Mehta School of Management, IIT Bombay INR 4.91 Lakhs
IMED Pune  INR 2,25,000
RIIM - Arihant Group of Institutes - [RIIM], Pune  INR 4,25,000
PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University INR 4,91,100
Symbiosis Institute of Business Management INR 13.49 Lakhs
National Institute of Construction Management and Research, Pune INR 8,15,000 (Total Fees) 
MIT College of Management - [MITCOM] Kothrud INR 2,22,070
COEP Pune - College of Engineering INR 1,99,000
Savitribai Phule Pune University, Pune
Balaji Institute of Modern Management - [BIMM], Pune  INR 4,80,000

MBA Colleges in Pune with Low Fees

Several MBA colleges in Pune provide MBA courses with comparatively low fees in comparison to most top MBA colleges in India. These colleges offer high ROI and average placement packages ranging from INR 4.5 LPA to INR 7 LPA. The table below lists the MBA colleges in Pune that offer low fees.

College/ University Name Average Annual fees 
Bharati Vidyapeeth Deemed University - [BVDU], Pune  INR 2,25,000
MES's Institute of Management & Career Courses, Pune INR 50,000 (Total Fees)
IndSearch Institute Of Management Studies & Research Bavdhan INR 1,18,000
ASM's Institute of International Business & Research - [IIBR] Pimpri INR 97,000
Synergy Institute of Management - [SIM], Pune  INR 35,000 (Total Fees) 
Symbiosis Centre for Distance Learning, Pune  INR 50,000 (Total Fees) 
Bharati Vidyapeeth University Center for Health Management Studies & Research INR 40,000 (Total Fees) 
Symbiosis Centre for Health Care, Pune INR 40,000 (Total Fees) 
Institute of Sports Science and Technology, Pune INR 49,380 (Total Fees) 
MIMA Institute of Management, Pune  INR 3,70,000

Top MBA Colleges in Maharashtra

Maharashtra is home to some of the most prestigious and top-ranked MBA colleges in India. There are more than 630 MBA colleges in Maharashtra. The National Institute of Industrial Engineering - NITIE Mumbai is the best MBA college in Maharashtra and is ranked 9 among the top MBA colleges in India by NIRF rankings in 2022. Below is the list of the top 10 MBA colleges in Maharashtra along with the fee structure.

College/ University Name Average Annual fees 
Shailesh J. Mehta School of Management, IIT Bombay INR 4.91 Lakhs
National Institute of Industrial Engineering, Mumbai INR 7.03 Lakhs
S. P. Jain Institute of Management & Research INR 20.42 Lakhs (Total Fees) 
K J Somaiya Institute of Management INR 9.59 Lakhs 
Symbiosis Institute of Business Management INR 13.49 Lakhs
SVKM's Narsee Monjee Institute of Management Studies INR 11.95 Lakhs
Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development INR 2.25 Lakhs
ISB&M - International School of Business and Media INR 6.85 Lakhs
Principal L N Welingkar Institute of Management Development and Research INR 6.5 Lakhs
Balaji Institute of Management and HRD INR 5.05 Lakhs

Top MBA Colleges in Pune: Admission Process

There are around 305 Management colleges in Pune amongst them 238 offer MBA/ PGDM courses. There are 223 private and 9 government MBA colleges in Pune. The pie chart below represents the ratio between the number of private and public MBA colleges in Pune:

MBA Colleges in Pune

Admission into MBA colleges in Pune is offered through merit as well as entrance exams such as  MAH CET, CAT, MAT, CMAT, etc. Qualified candidates must have to participate in the counseling process and face the GD/ PI round. Few colleges conduct their entrance exams like SNAP, IBSAT, etc. There are some MBA colleges in Pune offering merit-based admissions.

SIBM Pune

Symbiosis Institute of Business Management (SIBM), Pune is one of the top private MBA colleges in India. The Institute is ranked #17 by NIRF 2022 among the top Management colleges in India. SNAP 2022 has been already conducted, and the result for the same is expected to be declared on January 10, 2023. For GD/ PI round students will be called in February 2023 and the SNAP 2022 Final Merit List will be released in March 2023. Check the SIBM Pune Courses and Fees

SIBM Pune Placements

More than 100 companies visited the campus during SIBM Pune Placements.

  • A total of 192 placement offers were made to the students by the recruiters. More than 180 students participated in the placement drive. 
  • Students received 66 Pre-placement offers from various sectors like FMCG/Healthcare, IT/ITES, Auto/ Manufacturing, etc.
  • The highest CTC stood at INR 30.38 LPA during the placement drive. The average CTC was INR 19.56 LPA & median CTC was INR 18 LPA.
  • Top recruiters like Accenture, Aditya Birla Group, Asian paints, Bajaj, Phone Pe, Adidas, Hexaware, Dabur, etc participated in the placement drive.
SIBM Pune Placements 2021-22

IMED Pune

IMED (Institute of Management and Entrepreneurship Development), Pune is affiliated with Bharati Vidyapeeth (Deemed to be University).

  • The institute has been ranked as the 63rd-best MBA college in India by NIRF.
  • Business and Management Chronicle has also ranked IMED Pune among the top 10 B-schools in western India.
  • The institute received the Best Institute Award from ASSOCHAM for promoting leadership and Industry Institute Partnership.
  • Admissions to IMED Pune’s MBA program are done based on the score in the BVP BMAT entrance exam conducted by the university.

The institute registers 100% placements for its MBA program. The following Infographic gives some insights into MBA placements.

IMED Pune Placement Highlights 2021-22

BIMM Pune

BIMM (Balaji Institute of Modern Management), Pune is one of the top MBA colleges in Pune and is affiliated with the Sri Balaji University, Pune.

  • The institute has been ranked 2nd among all the top private MBA colleges in India for ROI by Outlook rankings.
  • Business Today named BIMM Pune as the #1 MBA college in Pune for a living experience.
  • BIMM Pune offers MBA in General, IT & Marketing, PM & HRD, and even Executive MBA.
  • The General MBA program is also further divided into specializations in Sales and Marketing, Finance and Financial Services, Systems, and Operations & Supply Chain Management.

The following graph shows the seat intake for each of these programs.

BIMM Pune Seat Intake

Source: BIMM Pune Official Website

Top MBA Colleges in Pune: Entrance Exam Wise

The majority of admissions to the top MBA colleges in Pune are done through national-level MBA Entrance Exams like CAT, XAT, MAT, SNAP, etc. However, some institutes consider the scores of only some local exams like MAH CET. For example, IMED Pune gives admissions only based on the score secured on BVP BMAT.

Given below are the top MBA colleges in Pune categorized according to the entrance exam they accept.

Top MBA Colleges in Pune Accepting MAT Score

Management Aptitude Test or MAT is a national-level management aptitude test for admission to MBA courses offered by various B-schools in India. MAT 2023 Registration for the May session CBT, PBT, and IBT exams has started. The last date of MAT registration 2023 is Dec 5 for PBT, Nov 28, and Dec 11 for CBT-1 and CBT-2 respectively. Check MAT 2023 Cut off

  • MAT 2023 PBT exam is scheduled for Dec 9, 2023. MAT 2023 CBT is scheduled on 2 dates- Dec 3 and 16. MAT 2023 IBT exam is scheduled on 3 dates- Dec 6, 9, and 17.

Below is the list of top MBA colleges in Pune accepting MAT score:

  • BIMM Pune- Balaji Institute of Modern Management
  • SIMS Pune - Symbiosis Institute of Management Studies
  • SIOM Pune - Sinhgad Institute of Management
  • MITSOM Pune - MIT School of Management
  • FLAME University, Pune
  • Global Business School and Research Centre, Pune
  • RIIM Pune - Ramachandran International Institute of Management
  • S B Patil Institute of Management, Pune
  • BIMHRD Pune - Balaji Institute of Management and Human Resource Development
  • Dr. DY Patil School of Management, Pune

Top MBA Colleges in Pune Accepting CMAT Score

The Common Management Admission Test (CMAT) conducted by the NTA is a national-level exam for entrance to management programs. CMAT 2024 is to be conducted in 2 shifts in the first week of May 2024. CMAT 2024 registration is to begin in the second week of February 2024. The application window opens for a month on the official NTA CMAT website- cmat.nta.nic.in. Check CMAT Exam Registration Process and Fees

Listed below are the top MBA colleges in Mumbai accepting CMAT:

  • PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University
  • BIMM Pune - Balaji Institute of Modern Management
  • SIOM Pune - Sinhgad Institute of Management
  • MITSOM Pune - MIT School of Management
  • Indira Institute of Management, Pune
  • FLAME University, Pune
  • Global Business School and Research Centre, Pune
  • RIIM Pune - Ramachandran International Institute of Management
  • MIT College of Management, Pune
  • Modern Institute of Business Management, Pune

Also, Check:

Top MBA Colleges in Pune Through CET

MAH CET or the Maharashtra Common Entrance Test is conducted by the Directorate of Technical Education. Top MBA colleges in Maharashtra through CET include BIMM Pune, PUMBA Pune, MET Institute of Management Mumbai, etc. MAH CET 2024 exam will be held on 23rd & 24th March 2024MAH CET 2024 Application is most likely to be out by the 4th week of February 2024. The MAH CET registration will begin on the official website, cetcell.mahacet.org. Check MAH CET 2024 Exam Dates

Listed below are the top MBA colleges in Mumbai through CET:

  • Dr. DY Patil Institute of Management, Pune
  • PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University
  • BIMM Pune - Balaji Institute of Modern Management
  • SIOM Pune - Sinhgad Institute of Management
  • MITSOM Pune - MIT School of Management
  • Indira Institute of Management, Pune
  • FLAME University, Pune

Top MBA Colleges in Pune without Entrance Exam

There are more than 220 Private MBA colleges in Pune, amongst them several colleges offer direct admissions through merit-based. For merit-based admissions, candidates are shortlisted based on the merit obtained according to their scores in graduation and 10+2. Below is a list of some of the top MBA colleges in Pune without an Entrance exam: 

  • Indira School of Business Studies
  • International Institute of Management and Human Resource Development  
  • Sai Balaji International Institute of Management Sciences  
  • UBS: Universal Business School  
  • MILE: Management Institute for Leadership and Excellence
  • Suryadatta Institute of Business Management & Technology
  • Aicar Business School

Top MBA Colleges in Pune according to Placement

As per placement reports, the average CTC in MBA colleges in Pune is INR 20.14 LPA (highest CTC) and INR 4.50 LPA at the lower end. The table below lists down top MBA colleges in Pune according to placements.

MBA Colleges in Pune

Placements depend a lot upon the stream you choose. So, check the best colleges stream-wise by clicking on the links below.

Top MBA Colleges in Pune For Marketing

The advertising and marketing sector in India is expected to cross the $10 billion mark by the end of 2023. Growing at a compound annual growth rate (CAGR) of 33.5%, the digital marketing and online marketing industry are expected to grow at a twofold-threefold rate.

Following are the top MBA colleges in Pune for Marketing:

  • Balaji Institute of Modern Management [BIMM]
  • Institute of Management and Entrepreneurship Development [IMED]
  • Symbiosis Institute of Business Management [SIBM]

Top 10 Part-Time MBA Colleges in Pune

In Pune, if you want to be admitted to a Part-Time MBA course then, you need to first find out the colleges that are offering the course MBA part-time in their curriculum.

To make it easier for you, we are listing down the colleges that are located in Pune and are offering Part-Time MBAs in different specializations. Now, have a look at the listed part-time MBA colleges in Pune given here:

  • NMIMS School of Business Management
  • National School of Construction Management and Research
  • SNDT Women’s University
  • KJ Somaiya Institute of Management
  • MET Institute of Management
  • Thakur Institute of Management Studies & Research
  • ASM’s Institute of Management & Computer Studies
  • Universal Business School
  • Oasis College of Science and Management,
  • Poona Institute of Management Sciences and Entrepreneurship,
  • Symbiosis Institute of Business Management
  • Department of Management Sciences, University of Pune
  • Kirloskar Institute of Advanced Management studies

Top MBA Colleges in Pune: FAQs

Ques. Which institute is best for an MBA in Pune?

Ans. Symbiosis Insititute of Business Management (SIBM) Pune is the best institute for MBA in Pune as per the latest rankings by NIRF.

Ques. Which is the No. 1 college in Pune?

Ans. In the management stream, SIBM Pune is considered the no 1 college for MBA in Pune.

Ques. Which MBA college has the best placement?

Ans. IIM Ahmedabad, IIM Calcutta, and IIM Bangalore have the best MBA placements in India. They offer an average CTC of 23 – 26 lakhs per annum.

Ques. Is Pune University good for an MBA?

Ans. The Department of Management Science, Pune (PUMBA) is one of the first management institutes in India. Pune University offers an MBA and executive MBA in several specializations. PUMBA is accredited with a Grade A with five stars.

Ques. Which MBA degree pays the most?

Ans. As per the latest trends, MBA Business Analytics and MBA Marketing have proved themselves to be the most lucrative MBA specializations.

Ques. Which is the best college for an MBA in Pune?

Ans. Pune houses some of the top MBA colleges in Maharashtra including SIBM Pune, Flame University, and PUMBA.

Ques. What is the salary of an MBA in IT?

Ans. The average annual MBA in IT salary is INR 9.8 lakh.

Ques. Which college is best for an MBA in Maharashtra?

Ans. IIT Bombay has been ranked as the best MBA college in Maharashtra by NIRF. The list also includes SPJIMR Mumbai, SIBM Pune, and ITM Nagpur.

Ques. Is Amity Mumbai good for an MBA?

Ans. Amity Mumbai admits students based on various criteria like CAT, XAT, NMAT, MAT, GMAT, etc. The average placement package is around INR 3-4 lakh.

Ques. How can I join an MBA in IIM?

Ans. IIMs give admissions based on:

(i) For National Students: The score of CAT is considered.

(ii) For International Students: The score of GMAT is considered.

Ques. Which IIT is best for an MBA?

Ans. IIT Bombay has demonstrated its caliber when it comes to management education. The institute has been ranked 2nd in the latest NIRF Ranking. QS has also named IIT Bombay as the best university in India.

Ques. What is the fee for an MBA in Mumbai?

Ans. Mumbai houses the highest number of top MBA colleges in India. The average fee for pursuing an MBA from these colleges is INR 7 lakh.

Type Of College
Avg Fee Per Year
Course Type
Course Duration
Gender Accepted
Found 254 colleges
Sort By
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Aa2

Symbiosis Institute of Business Management - [SIBM], Pune

Pune, Maharashtra 
13,49,000MBA/PGDM- 1st Year FeesCompare Fees₹ 26,77,777Average Package₹ 35,05,000Highest PackageCompare Placement
8.6 / 10
Based on 3 User
Reviews
Best in Infrastructure
#14th/272 in India 2023
Aa3

Symbiosis Centre for Management and Human Resource Development - [SCMHRD], Pune

Pune, Maharashtra 
11,05,000MBA/PGDM- 1st Year FeesCompare Fees₹ 20,40,000Average Package₹ 61,50,000Highest PackageCompare Placement
8.8 / 10
Based on 2 User
Reviews
Best in Social Life
#15th/272 in India 2023
Ba2
2,50,000MBA/PGDM- 1st Year Fees--
9.7 / 10
Based on 2 User
Reviews
#101th/125 in India 2023
Aa5

Symbiosis Institute of International Business - [SIIB], Pune

Pune, Maharashtra 
21,73,000MBA/PGDM- total feesCompare Fees₹ 11,32,000Average Package₹ 20,17,000Highest PackageCompare Placement
7 / 10
Based on 1 User
Reviews
Best in Social Life
#41th/272 in India 2023
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Aa6
4,80,000MBA/PGDM- 1st Year FeesCompare Fees₹ 6,50,000Average Package₹ 14,00,000Highest PackageCompare Placement#52th/272 in India 2023
Aa5

Symbiosis Institute of Digital and Telecom Management - [SIDTM], Pune

Pune, Maharashtra 
3,64,000MBA/PGDM- 1st Year Fees----#50th/272 in India 2023
Ba1

Pune Institute of Business Management - [PIBM], Pune

Pune, Maharashtra 
7,95,000MBA/PGDM- total feesCompare Fees₹ 7,10,000Average Package₹ 17,00,000Highest PackageCompare Placement
9.5 / 10
Based on 1 User
Reviews
Best in Placements
#69th/272 in India 2023
Ba2
4,23,075MBA/PGDM- 1st Year Fees₹ 9,76,000Average Package₹ 16,75,000Highest Package#70th/272 in India 2023
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Aa6

International School of Business and Media - [ISB&M] Nande, Pune

Pune, Maharashtra 
12,20,000MBA/PGDM- total feesCompare Fees₹ 7,40,000Average Package₹ 16,00,000Highest PackageCompare Placement#75th/272 in India 2023
Ba1
5,05,000MBA/PGDM- 1st Year Fees----#89th/272 in India 2023
Ba2

Symbiosis Centre for Information Technology - [SCIT], Pune

Pune, Maharashtra 
13,40,000MBA/PGDM- total fees₹ 13,94,000Highest Package
8.8 / 10
Based on 3 User
Reviews
Best in Academics
#76th/272 in India 2023
Ba3
1,47,000MBA/PGDM- 1st Year Fees₹ 5,50,000Average Package₹ 10,05,000Highest Package#117th/272 in India 2023
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Ba3

Kirloskar Institute of Management - [KIM], Pune

Pune, Maharashtra 
12,70,000MBA/PGDM- total fees₹ 8,50,000Average Package₹ 18,00,000Highest Package#111th/281 in India 2022
Ba3

Symbiosis Institute of Computer Studies and Research - [SICSR], Pune

Pune, Maharashtra 
5,70,000MBA/PGDM- 1st Year Fees₹ 18,00,000Highest Package
10 / 10
Based on 1 User
Reviews
Best in Academics
#116th/272 in India 2023
Ba2
24,31,620MBA/PGDM- total fees----#160th/281 in India 2022
Ba3

Indira College of Engineering & Management - [ICEM], Pune

Pune, Maharashtra 
1,72,000MBA/PGDM- 1st Year Fees₹ 4,00,000Average Package₹ 12,00,000Highest Package
9.1 / 10
Based on 2 User
Reviews
Best in Faculty
#262th/284 in India 2019
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Ba5

Sinhgad Business School - [SBS] Erandwane, Pune

Pune, Maharashtra 
1,50,000MBA/PGDM- 1st Year Fees₹ 3,00,000Average Package₹ 12,00,000Highest Package#259th/272 in India 2023
Ba5

Sinhgad Institute of Management - [SIOM], Pune

Pune, Maharashtra 
1,38,000MBA/PGDM- 1st Year Fees₹ 3,24,000Average Package₹ 6,80,000Highest Package
6.3 / 10
Based on 1 User
Reviews
Best in Faculty
#289th/292 in India 2020

FLAME University, Pune

Pune, Maharashtra 
8,90,000MBA/PGDM- 1st Year FeesCompare Fees₹ 9,15,000Average Package₹ 20,50,000Highest PackageCompare Placement#81th/155 in India 2020
Ba1
4,50,000MBA/PGDM- 1st Year FeesCompare Fees₹ 7,00,000Average Package₹ 51,36,000Highest PackageCompare Placement
7.6 / 10
Based on 47 User
Reviews
Best in Infrastructure
#162th/281 in India 2022
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Ba5
1,40,000MBA/PGDM- 1st Year Fees₹ 9,00,000Highest Package#265th/268 in India 2021

Symbiosis Institute of Management Studies - [SIMS], Pune

Pune, Maharashtra 
5,85,000MBA/PGDM- 1st Year FeesCompare Fees₹ 8,80,000Average Package₹ 24,00,000Highest PackageCompare Placement#25th/50 in India 2019

Suryadatta Institute of Management and Mass Communication - [SIMMC], Pune

Pune, Maharashtra 
3,00,000MBA/PGDM- 1st Year Fees₹ 4,00,000Average Package₹ 15,00,000Highest Package#169th/200 in India 2024
Ba6

ASM's Institute of Business Management & Research - [IBMR], Pune

Pune, Maharashtra 
4,80,000MBA/PGDM- total fees₹ 7,50,000Average Package₹ 12,00,000Highest Package#104th/200 in India 2024
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Lotus Business School - [LBS] Punawale, Pune

Pune, Maharashtra 
1,04,000MBA/PGDM- 1st Year Fees----#52th/75 in India 2019