AICTE Approved MBA Colleges in Maharashtra

The top AICTE approved MBA colleges in Maharashtra include K J Somaiya Institute of Management, NMIMS, SPJIMR, Amity University, and Symbiosis Institute of Business Management (SIBM), Pune. These colleges are some of the best you can choose for MBA in Maharashtra.

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Top AICTE Approved MBA Colleges in Maharashtra
ROI of AICTE Approved MBA Colleges in Maharashtra

Maharashtra is a prime destination for MBA admission since many of the top AICTE approved MBA colleges in Maharashtra are top-ranked management institutes in India. If you are planning your higher education in Maharashtra, you must check these colleges since they are well-reputed and provide the best ROI and quality of education. Some of the most well-known colleges in this list include K J Somaiya Institute of Management, NMIMS, SPJIMR, Amity University, and Symbiosis Institute of Business Management (SIBM), Pune. Use this list to update your own target colleges for MBA admission in Maharashtra.

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MBA Admission 2025	MBA Admissions in Maharashtra

Top AICTE Approved MBA Colleges in Maharashtra

It is important that you make sure the college/ university you choose for MBA admission is approved and recognized by relevant authorities like AICTE. Check the list of top AICTE approved MBA colleges in Maharashtra below:

Name of the College	Course Fee (Approx.) (in INR)	Courses Offered	Entrance Exams Accepted
SP Jain Institute of Management & Research (SPJIMR)	22-25 L (total)	PGDM with specialisations in Finance, Marketing, Operations, etc.	CAT / GMAT / Institute Admission Process
Symbiosis Institute of Business Management (SIBM)	17.2 L to 24.2 L (range)	MBA / PGP in various streams	SNAP / MAH CET / Others
NMIMS / SBM NMIMS	8 L (1st year) for flagship	MBA / PGDM, many specialisations	NMIMS Test / CAT / WMAT, etc.
SJMSOM (Shailesh J. Mehta School of Management, IIT Bombay)	3,94,250 (1st year)	MBA, Executive, etc.	CAT / GATE / Institute Admission Process
JBIMS (Jamnalal Bajaj Institute of Management Studies)	6-10 L (approx)	MMS / MBA / management programs	MAH CET / CAT / Institute Admission Test
Welingkar / WeSchool	7,04,000 (1st year)	PGDM / MBA / specialization streams	Institute Admission Test / CAT / State Entrance Test
KJ Somaiya Institute of Management	10,77,200 (1st year)	MBA / PGDM	CAT / Institute Admission Test / MAH CET
SIES College of Management Studies (SIESCOMS)	4,00,000 (1st year)	MBA / PGDM and related disciplines	CAT / MAH CET / Others
N. L. Dalmia Institute of Management Studies & Research (NLDIMSR)	8,25,000 (1st year)	MBA / PGDM	CAT / MAH CET / Institute Admission Test
Indira School of Business Studies (ISBS / ISBST)	4,18,000 to 7,20,000 (range across specialisations)	MBA / PGDM	MAH CET / CAT / Others
Neville Wadia Institute of Management Studies & Research	2,57,000 to 3,80,000	MBA / PGDM	MAH CET / Others

ROI of AICTE Approved MBA Colleges in Maharashtra

Return on Investment or ROI is an important metric used to judge an institute based on the financial return you will enjoy if you graduate from the institute. Check the estimated ROI of the top AICTE approved MBA colleges in Maharashtra below:

Name of the College	Highest Package (in INR)	Average Package (in INR)	Estimated ROI
SPJIMR, Mumbai	81 LPA (Domestic)	33 LPA	1.25× / year
SIBM (Symbiosis), Pune	49 LPA	28.16 LPA	1.16× / year
SBM — NMIMS (Mumbai)	67.70 LPA	25.13 LPA	1.01× / year
JBIMS (University of Mumbai)	87.12 LPA (Reported Peak)	26.12 LPA	3.48× / year
Welingkar / WeSchool (Mumbai)	40 LPA	22.06 LPA	1.58× / year
K. J. Somaiya Institute of Management (Mumbai)	24.95 LPA	15.73 LPA	0.93× / year
SIES College of Management Studies (SIESCOMS), Navi Mumbai	9.54 LPA	5.90 LPA	0.74× / year
N. L. Dalmia Institute of Management (NLDIMSR), Mumbai	25.50 LPA	8.78 LPA	0.60× / year
Indira School of Business Studies (ISBS), Pune	16.3 LPA (Reported Peak)	6.6–6.97 LPA	0.83–0.87× / year
Neville Wadia Institute of Management Studies & Research (NWIMSR), Pune	10.05 LPA	5.50 LPA	1.57× / year

Hopefully, this article helped you choose the best AICTE approved MBA colleges in Maharashtra based on your career goals and interests.

Related Links:

Tier 3 MBA Colleges in India	Importance of CAT in MBA Admissions
MBA Fees in India	Direct MBA Admission Without Entrance Exam

To get more information on AICTE approved MBA colleges in India, contact us at 1800-572-9877 or post your questions in our QnA section to get in touch with our top academic counsellors!

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