Low Fees MBA colleges in Pune

Mehak Arora

Updated On: November 21, 2023 12:30 am IST

Delve into the realm of MBA education in Pune, where low fees colleges promise quality learning and bright career avenues. Explore the affordable yet promising options awaiting you.
Low Fees MBA Colleges in Pune

Low Fees MBA colleges in Pune: MBA (Master of Business Administration) is a coveted program in India, with increasing demand for graduates who can adeptly navigate market dynamics and foster business growth. Fortunately, for candidates aspiring to pursue an MBA, Pune stands out as a hub for low fees MBA colleges, offering quality education that equips students for specializations in Business Analytics and General Management. Unlike some high-priced top-tier institutions that can be financially out of reach for middle-class families, Pune's well-established MBA colleges have consistently produced graduates with exceptional careers, serving as a gateway to numerous prospects. Pune's well-established MBA colleges cater to middle-class families, consistently yielding successful graduates and unlocking diverse opportunities.

In this article, we'll delve into the best low fee MBA colleges in Pune, delivering quality education at affordable fees, to help you make an informed choice for your career advancement.

Also Read: 

Top 10 MBA Colleges in Mumbai with Fees Less Than 10 Lakhs  Top MBA Colleges in Kolkata 
Executive MBA10 Popular Online MBA Courses by Institute

Why should you consider going to Low Fees MBA Colleges in Pune?

The Master of Business Administration (MBA) degree is widely sought after by graduate students in India, but the excessive tuition fees of top-tier universities such as IIMs, XLRI, MDI, and NMIMS put it out of reach for many deserving students. These prestigious programmes strive to produce well-rounded people by training students to think critically, collaborate successfully, and take care of their own growth. However, for those on a tighter budget who do not want to compromise on quality, Pune is home to a number of government institutions that give a good basis for a successful career in business administration. These colleges provide education on par with that of top IIM colleges, but at a cost that allows students from lower-income families to enroll.

List of Best MBA Colleges in Pune with fees between 1 to 5 lakhs

Here is a list of top MBA colleges in Pune, along with their course fees and placement packages offered to their students: -

Name of the Colleges

Course fees

(in Rs.)

Highest Placement Packages in 2022

PUMBA Pune

Rs. 1.29 lakhs

INR 18.00 LPA

MITCON Institute of Management

Rs. 4.75 lakhs

INR 6.5 LPA

AISSMS Institute of Management, Pune

Rs. 2.30 lakhs

INR 9.00 LPA

Bharati Vidyapeeth, Pune

Rs. 3.50 lakhs

INR 21 LPA

Dr. D.Y. Patil Institute of Management and Entrepreneur

Rs. 1.43 lakhs

INR 13.5 LPA

Sankalp Business School, Pune

Rs. 1.46 lakhs

INR 19.00 LPA

Institute of Science’s Institute of Business Management & Research

Rs. 1.52 lakhs

INR 8.5 LPA

Indsearch, Pune

Rs. 2.19 lakhs

INR 10.00 LPA

Trinity Institute of Management and Research

Rs. 1.56 lakhs

INR 8.5 LPA

Matrix Business School, Pune

Rs. 1.60 lakhs

INR 5.80 LPA

MBA Colleges in Pune with Low Fees: Top Recruiters

The best MBA colleges in Pune with low fees provide an excellent opportunity for aspiring management professionals to pursue their dreams of acquiring an MBA degree without the burden of exorbitant tuition costs. Despite the affordable fee structures, these institutions maintain a high standard of education and offer a wide range of specializations to cater to diverse career goals. Moreover, they boast a track record of successful placements with top recruiters. Below are some of the top recruiters who actively hire from these budget-friendly MBA colleges in Pune, making them a smart choice for students seeking quality education and promising career prospects.

College NameTop Recruiters
Pumba, PuneBajaj Finserv, Colgate, Crisil, DBS Bank, Deloitte, Dohler, Eaton, Federal Bank, GEP, Haldiram, HDFC, ICICI, Infosys, KPMG, MRF, Wipro, TCS, Schneider Electric, Schlumberger, Reliance Retail
MITCON Pune Placements CellICICI Bank, IndusInd Bank, Karvy, Tech Mahindra, Federal bank, Citrus, Berger, Schindler, etc.
Bharati Vidyapeeth PuneInfosys, Capgemini, Info Edge, Reliance, HDFC Bank, Jaro Education, PwC, Wipro, TCS, Airtel, Ericsson
Dr. D.Y. Patil Institute of ManagementAmul India, HDFC, Bharti Airtel, Axis, Racold, IBN Research,
Sankalp Business SchoolBNY Mellon, Principal, Allied Analytics, KPMG, Hevo Data, TIAA, CA One, SG Analytics, Aditya Birla Group, Axis Bank, ICICI Bank, IDFC First Bank, Zomato, Oyo, UpGrad

Also Read: Popular MBA Colleges in Maharashtra with Low Fees

MBA Colleges in Pune with Low Fees: Admission Exams and Entrance Exams

Candidates can view the table below to view the details about registration dates and entrance exams:

College Name

Admission/Entrance Exams

Registration Dates

PUMBA Pune

MH-CET, CMAT, CAT

October 13, 2023 - November 28, 2023

MITCON Institute of Management

CAT, XAT, MAT, CMAT, ATMA

July 14, 2023 - November 29, 2023

AISSMS Institute of Management, Pune

MAH CET, CAT, MAT, XAT, CMAT, ATMA, GMAT

February 23, 2023 - March 6, 2023

Bharati Vidyapeeth, Pune

BMAT

November 11, 2023

Dr. D.Y. Patil Institute of Management and Entrepreneur

MAT, XAT, GMAT, CAT, CMAT, ATMA, MAH CET

November 25, 2023 - November 10, 2023

Sankalp Business School, Pune

MAT, XAT, GMAT, CAT, CMAT, ATMA, MAH CET

July 7, 2023 - June 28, 2023

Institute of Science’s Institute of Business Management & Research

CAT, CMAT, MHMBACET

February 24, 2024 - March 6, 2024

Indsearch, Pune

MH-CET, CAT, CMAT, ATMA, XAT

July 15, 2023 - December 31, 2023

Trinity Institute of Management and Research

MAT, XAT, GMAT, CAT, CMAT, ATMA, MAH CET

November 6, 2023 - November 25, 2023

MBA Colleges in Pune with Low Fees: MBA Admission Without Entrance Exam in Pune

Certain MBA colleges in Pune offer direct admission, eliminating the need for entrance exam scores. These institutions provide an alternative pathway for MBA aspirants who have not taken entrance exams, offering opportunities for direct admission. Below is a list of the top MBA colleges in Pune that provide admission without requiring entrance exams:

College Name

Fees Structure (Per Annum)

Balaji Institute of Modern Management (BIMM), Pune

INR 9.65 lakhs

BIMHRD Pune - Balaji Institute of Management and Human Resource Development

INR 8.45 lakhs

Balaji Institute of International Business

INR 8.35 lakhs

MIT School of Management

INR 7.50 lakhs

Symbiosis International University

INR 9 lakhs

International School of Business and Media

INR 11.70 lakhs

Indira Institute of Management

INR 4.40 lakhs

MBA Colleges in Pune with Low Fees: Top MBA Specializations

Explore the diverse and sought-after MBA specializations gaining popularity among postgraduate candidates in leading MBA colleges in Pune.

  • MBA in Marketing Management
  • MBA in Information Technology
  • MBA in Banking and Finance
  • MBA in Healthcare Management
  • MBA in Communication and Media Management
  • MBA in General Management
  • MBA in International Business
  • MBA in Agriculture Business Management
  • MBA in Finance
  • MBA in Business Analytics

MBA Eligibility Criteria

To gain admission to prominent business schools in Pune, there are certain eligibility criteria that are generally consistent across these institutes. While some of the best MBA colleges in Pune may have slight variations in their policies, the core requirements remain similar. The primary eligibility criterion is that candidates must have completed their undergraduate degree in any discipline before pursuing an MBA program. Below are the general eligibility criteria for admission to the top affordable MBA colleges in Pune:

  • Completion of education in either the 10+2+3 pattern or the 10+2+4 pattern.
  • Minimum aggregate marks of 50% (45% for reserved categories) in the undergraduate final degree scorecard.
  • Eligibility extends to final-year students as well.
  • For candidates who pursued their education through open university or correspondence, the university must be recognized by the law, and their degree program should follow the 3+2 years pattern.

How to apply for Low Fees MBA Colleges in Pune?

When applying to popular MBA colleges in Pune, it is crucial for students to carefully review and meet the eligibility criteria specified by the institutions. It is essential to ensure that all the requirements are satisfied before submitting the application. Any discrepancies or inaccuracies in the information provided may lead to the cancellation of the candidate's application. Additionally, aspiring students should follow the common admission steps outlined by the top affordable MBA colleges in Pune. These steps will guide them through the application process and increase their chances of securing admission to their desired program.

  • Choose the desired specialization for your MBA, such as Marketing, Finance, International Business, Human Resources, etc.
  • Determine the mode of study you prefer: regular mode, online mode, or distance education mode.
  • Research the CGPA requirements of the MBA institutes you are interested in and aim to achieve the necessary scores.
  • Prepare and appear for entrance exams such as CAT, XAT, SNAP, CMAT, IIFT, or any other exam accepted by your desired colleges.
  • Create a comprehensive CV/resume highlighting your academic achievements and previous experience.
  • Be ready for the selection process, which may include group discussions, personal interviews, and written tests.
  • If your name appears in the merit list, complete the admission formalities and submit the course fees.

Obtaining an MBA from a reputed institution can significantly impact one's career prospects, but the high cost associated with it can often deter aspiring students. However, in Pune, several low-fee MBA colleges provide an opportunity for students to pursue their management education without burdening themselves financially. Colleges like SIBM, IIMP, BIMM, and MIT-SOB offer quality education at affordable fees. These institutions maintain high standards of teaching, have experienced faculty members, and focus on practical learning methodologies. Moreover, they boast excellent placement records, ensuring that students have access to lucrative job opportunities upon completion of their MBA.

While opting for low-fee MBA colleges, it is essential for students to thoroughly research and consider factors such as accreditation, faculty expertise, infrastructure, and placement support. This will help them make an informed decision and choose an institution that aligns with their career goals.

Related Articles:

List of 10 Popular MBA Colleges in Andhra Pradesh With Low FeesMBA Colleges with Best Placements in India 2023
Top Private MBA Colleges in India with Best Placements 2023Top MBA Colleges With Low Academic Requirements

We hope the above article was helpful in making you choose the ideal B school to pursue your MBA journey. For any further query, drop in your question in our QnA section, or call us at 1800-572-9877. Stay tuned to our page for more MBA related updates.

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