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Top MBA Colleges in Maharashtra June 2023

List Of 487 MBA colleges in Maharashtra

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  • M.B.A. (Master of Business Administration)
  • Maharashtra

SJMSOM Mumbai

  • Approved by: AICTE
  • Type: Private
Shailesh J. Mehta School of Management, popularly known as SJMSOM, is a part of IIT Bombay, established in 1995. SJMSOM offers a two-year flagship MBA programme. SJMSOM IIT Bombay accepts the scores of CAT /GMAT for its Masters's programme in Management. The admissions at SJMSOM IIT Bombay are based on CAT scores and past academic records, followed by personal interview. SJMSOM highest package 2022 offered was Rs 49 LPA, whereas the average package stood at Rs 29.9 LPA. SJMSOS top recruiters include Amazon, Flipkart, TVs, and Asian Paints.
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KJ SOMAIYA Mumbai

  • Approved by: SAQS AACSB AIU MHRD ISO NBA AICTE
  • Type: Private
  • NIRF Ranking: 71
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.
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NMIMS Mumbai

  • Approved by: UGC NAAC NBA AICTE
  • Type: Deemed University Private
  • NIRF Ranking: 89
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.
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SIMS Pune

  • Approved by: UGC NAAC AICTE
  • Type: Private
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.
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DYPUSM Mumbai

  • Approved by: UGC NAAC
  • Type: Private

DYPUSM Mumbai also known as DY Patil University School of Management is amongst the popular management institutes in Mumbai and is accepted by UGC and AICTE. The university is approved by NAAC-A Grade. DY Patil University School of Management Mumbai (DYPUSM) provides UG and PG courses like BBA and MBA. The university accepts admission on a merit basis in the university entrance exam. The annual fee for the MBA programme ranges between Rs 5,00,000 - 6,30,000.

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G.H. Raisoni Institute of Management & Research

  • Approved by: NAAC AICTE
  • Type: Private
The G.H. Raisoni Institute of Management and Research is located in Nagpur, Maharashtra, India. GHRIMR is a private institution that was founded in 2008. It is a NAAC and AICTE-accredited college. G.H. Raisoni Institute of Management & Research provides two courses in two fields: management and information technology. MBA and MCA are popular degrees at G.H. Raisoni Institute of Management & Research. The placement choices at G.H. Raisoni Institute of Management & Research are diverse, offering opportunities in both the corporate and public sectors, as well as entrepreneurship.
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  • Business Administration (238)
  • General Management (197)
  • Finance (169)
  • Marketing (156)
  • Human Resources Management (156)
  • Operations Management (80)
  • International Business (73)
  • Supply Chain Management (44)
  • Entrepreneurship / Family business (40)
  • Business Analytics (38)

Lexicon MILE Pune

  • Approved by: AICTE MHRD
  • Type: Private
Lexicon Management Institute of Leadership & Excellence was founded in 2009 in Pune. Lexicon MILE Pune offers full-time MBA/Global MBA programme that has been authorised by the AICTE and has a dual speciality. For admission to its MBA and Global MBA programmes, Lexicon MILE Pune accepts a valid scores of CAT/ CMAT/ MAT/ GMAT/ XAT/ ATMA/ MAH MBA CET. Lexicon MILE offers excellent placement opportunities for their MBA students. The highest salary offered during placement drive 2022 was Rs 18 LPA . Lexicon MILE top recruiters include Mahindra, Kotak Life Insurance, Zolo, Fab Hotels, and TCS.
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Sanjay Ghodawat University

  • Approved by: UGC AICTE
  • Type: Private

PUMBA Pune

  • Approved by: UGC NAAC AICTE
  • Type: Private

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.

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Suryadatta Group of Institutes

  • Approved by: AICTE AIMA ISO DTE
  • Type: Private
Suryadatta Group of Institutes was established in the year 1999 in Pune, Maharashtra. This institute is approved by AICTE. SGI offers MBA courses in various specialisations such as marketing, finance, human resource, business analytics, operations and supply chain. To be eligible for SGI admission, candidates must have at least 50% marks in a bachelor's degree in any stream.SGI Pune admissions are based on CAT/MAT/XAT/CMAT/MH-CET scores. Qualified candidates are then called for GD and PI. Some of the top recruiters who recruit students during the SGI placements are Aamby Valley, Lavasa City, Kool Homes, Amanora City, Brintons Carpets Asia Pvt Ltd, Morphogenesis, Elephant Design, etc.
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Flame University

  • Approved by: UGC AICTE
  • Type: Private
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.
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Arihant Institute of Business Management was founded in 2005 in Pune. AIBM is approved by AICTE, affiliated with Savitribai Phule Pune University, and recognised by DTE and the Government of Maharashtra. AIBM courses include MBA courses of 2 years' duration. The MBA courses are offered in a number of specialisations, namely marketing management, financial management, information technology management, etc. Candidates must graduate with atleast 50% marks as per AIBM eligibility criteria. Candidates' admission will depend on their performance in CAT, CMAT, or MHCET.
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MIT School of Management

  • Approved by: AICTE
  • Type: Private
MIT School of Management, or MITSOM, was established in 1987 in Pune. MITSOM Pune courses are offered at the postgraduate level in the field of management. The MITSOM Pune MBA programme is a full-time two year course. To be eligible for FLAME University admission to MBA courses, candidates must have a bachelor’s degree with a minimum of 50% marks. MITSOM Pune admissions to MBA courses are based on CAT/MAT/XAT/CMAT/MH-CET scores. In the MITSOM Pune placement drive, 95% of the students were placed in top companies. The highest package offered to the students was Rs 7 LPA, and the average salary package offered was Rs 4 LPA.
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RCOEM Nagpur

  • Approved by: NAAC AICTE
  • Type: Private
  • NIRF Ranking: 146
Chetan Dattaji Gaikwad Institute of Management Studies is one of the popular management institutes in Pune affiliated with Savitribai Phule Pune University (SPPU) and has received accreditation from NAAC, DTE and AICTE. Moreover, the institute has a high placement record, making it one of the good choices for students. Average salary of a management student after the placement drive is Rs 4 LPA. Candidates seeking admission must pass one of the following entrance tests (MHCET/CMAT/MAT/CAT/XAT/ATMA/AMMI) administered by DTE.
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Thadomal Shahani Centre for Management (TSCFM) is one of the top MBA colleges in Mumbai, established in 2011. It’s a private institution, affiliated to Anglia Ruskin University and EduQual. The TSCFM Mumbai admission mode is online. The institution offers courses at UG, PG & Diploma levels. The popular Thadomal Shahani Centre for Management courses are PG Diploma, Global MBA & PGDBM. The institution has a good placement record. The top recruiters of the TSCFM placements are Edelweiss, HDFC Bank, JP Morgan, Deloitte, Reliance, Google, ICIC Bank, BSE, CRISIL, Motilal Oswal etc.
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Universal Business School (UBS,UBS Mumbai), Mumbai

  • Approved by: AICTE NBA AMBA AACSB AIU IACBE ACICS EFMD
  • Type: Private

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.

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SCIT Pune

  • Approved by: UGC NAAC
  • Type: Private
Symbiosis Centre for Information Technology or SCIT is a constituent of Symbiosis International University. The institute offers MBA courses in two specialisations, namely IT Business Management and Data Science and Data Analytics. The SCIT fees for the MBA courses is Rs 8,49,00 for two years. To be eligible for SCIT admissions, candidates must have at least 50% marks in a bachelor's degree in any discipline. Interested candidates have to appear for Symbiosis National Aptitude Test (SNAP) and meet the cutoff. Selected candidates will be call for the GE-PIWAT process. Some of the top recruiters during SCIT placements are Deloitte, Ernst & Young, PWC, Wipro, TCS, Infosys among others.
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LBS Pune

  • Approved by: AICTE Govt. of Maharashtra DTE
  • Type: Private

Lotus Business School or LBS Pune is one of the top business schools in Pune. Affiliated with Savitribai Phule Pune University, the business school is recognised for imparting quality management education. LBS Pune’s PG courses in management range from general management to tourism and hospital management. Top recruiters that participate in LBS Pune placements include Wipro, Reliance digital, Vivo, ITC, and more. The starting salary package offered to LBS Pune graduates is somewhere between Rs 4-5 lakhs. The LBS Pune admission is based on CAT/CMAT/MH-CET score and performance in the group discussion or personal interview.

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MET Mumbai

  • Approved by: AICTE NBA PCI ISO DTE
  • Type: Private
MET Institute of Management is considered one of the best and top MBA colleges in Mumbai. Established in 1989, MET Institutes are ISO certified, with affiliations to the University of Mumbai, Directorate of Technical Education, AICTE, MSBTE, PCI, C-DAC - Ministry of Communications and Information Technology, and The Chartered Insurance Institute (CII), London. Ranked 19 Overall by TOI 2021. METoffers diploma, advanced diploma, master's, and doctoral degree in management specializations, pharmacy, IT, Mass media, and Bachelor in Pharmacy. For Ph.D. programs admission is based on NET-JRF/ SET/ GATE or CSIR/ UGC/ ICAR score+ PI. For management and Finance courses, it accepts MAH-CET/ CAT/ CMAT/ XAT/ ATMA/ MAT score+GD+PI. Leading companies are TCS, Edelweiss, InfoEdge, Armstrong, Honeywell, Credit Rating Analyst, Equity Research, Tax Consultant, and many more.
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Sapkal Knowledge Hub

  • Approved by: AICTE NAAC PCI DTE
  • Type: Private

Ajeenkya DY Patil University (ADYPU), Pune

  • Approved by: UGC AICTE AIU Government of Maharashtra
  • Type: Private
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.
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ASM Pune

  • Approved by: Savitribai Phule Pune University
  • Type: Private
ASM Group of Institutes is among the top 5 B-schools in India. The institute offers MBA courses with dual specialisations in marketing, finance, human resource management, and operations. To be eligible for admission, candidates must pass graduation with a minimum of 50% marks in any discipline. Candidates also have to appear for the CAT/MAT/XAT/CMAT/MHCET/GMAT and secure a valid score to be eligible for group discussion and personal interview. Top companies that visit during ASM placements are TATA, Aditya Birla Group, Infotech, Colgate, Godrej etc.
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Sandip University

  • Approved by: UGC AICTE BCI AIU NCTE
  • Type: Private

GHRCE Nagpur

  • Approved by: UGC AICTE NAAC NBA
  • Type: Private
  • NIRF Ranking: 163

SIOM Nashik

  • Approved by: UGC NAAC
  • Type: Private
All India Shri Shivaji Memorial Society's Institute of Management, or AISSMS, is an AICTE approved management institute in Pune. The institute is affiliated with Savitribai Phule Pune University. AISSMS offers 2 year full time MBA courses with a range of specialisations. To be eligible for AISSMS admissions, candidates must possess a bachelor's degree in any discipline with a minimum of 50% marks. Candidates also have to appear for the CAT/MAT/XAT/CMAT/MHCET/GMAT and secure qualifying marks to get admission. Some of the top recruiters that visit during AISSMS placements are JustDial, Kotak Mahindra, Bajaj Capital, Bharti Airtel, Mercedes Benz, etc.
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Neville Wadia Institute of Management Studies and Research

  • Approved by: AICTE Government of Maharashtra
  • Type: Private
Neville Wadia Institute of Management Studies and Research was established in 1991 by the Modern Education Society. The institute is approved by the AICTE, affiliated with the University of Pune, and recognised by the Government of Maharashtra. Neville Wadia Institute of Management Studies and Research offers 2 year full time MBA courses with an intake of 180 students. To be eligible for admission at the Neville Wadia Institute of Management Studies and Research, candidates must have passed their bachelor's degree with a minimum of 50% marks in any discipline. Candidates have to pass common entrance tests approved by the authority of DTE, government of Maharashtra.
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SIIB Pune

  • Approved by: NAAC
  • Type: Private
Symbiosis Institute of International Business was founded in 1992 in Pune. The institute offers MBA courses in three specialisations: international business, agribusiness, and energy and environment. To be eligible for SIIB Pune admissions, candidates must possess a bachelor’s degree with a minimum of 50% marks in any discipline. MBA aspirants have to appear for the SNAP test and meet the cutoff to be eligible for the Group Exercise, Personal Interview, and Written Ability Test, or GE-PIWAT process. Top recruiters who participate in the SIIB placements are American Express, Deloitte, Forbes Marshall, HCL, HDFC Bank, Wipro, etc.
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