To be eligible for the MBA program at Shrimant Jayashrimaladevi Naik Nimbalkar Institute of Management Studies in Satara, candidates must have a bachelor's degree in any discipline from a recognized university with a minimum of 50% aggregate marks. Additionally, applicants must have a valid score in a national-level entrance exam such as CAT, XAT, CMAT, MAT, or MAH-CET. Work experience may also be preferred but is not mandatory. The selection process may include a group discussion and personal interview to assess the candidate's communication skills, analytical ability, and overall suitability for the program.