PUMBA MBA Courses & Fees 2024: Eligibility, Selection Criteria & Fees

The procedure to take MBA admission at PUMBA is as follows: Check the eligibility criteria: Candidates should have a bachelor's degree in any discipline from a recognised institute with a minimum of 50% marks or equivalent CGPA (45% in case of backward and person with disability) in aggregate. Entrance Exam: Candidates need to appear for entrance exams such as MH-CET, CAT, CMAT, ATMA, or OEE. The admission process is based on the candidate's performance in the entrance exam, group discussion, and personal interview. Application Form: Candidates can fill the application form for MBA admission online through the official website of PUMBA. They need to provide accurate information and upload the necessary documents. Payment of Application Fee: Candidates need to pay the application fee online through the available payment modes. Shortlisting: Candidates will be shortlisted based on their performance in the entrance exam. Group Discussion and Personal Interview: Shortlisted candidates will be called for group discussion and personal interview. Final Selection: The final selection will be based on the candidate's performance in the entrance exam, group discussion, and personal interview.

As per the PUMBA placement report 2023, the highest package for MBA stood at INR 18.97 LPA, which was 5% higher in comparison to 2022. The PUMBA MBA average package also rose from INR 8.10 LPA in 2022 to INR 8.85 LPA in 2023. Out of 173 students who opted for 2023 placements, 161 were placed in top-notch companies. A total of 167 offers were distributed by the 104 companies that participated in the 2023 drive. The number of companies participating companies increased from 97 in 2022 to 104 in 2023. However, the number of offers has dropped from 175 in 2022 to 167 in 2023.

As PUMBA is an institute of management studies, it Provides both undergraduate and postgraduate degrees. Students can get Admission in undergraduate programme like MBA after passing higher secondary class with more than 45 percents in any stream. While, MBA students are eligible only after appearing aptitude tests like CAT, CMAT or MHCET. For MBA students are advised to apply for entrance conducted by Maharashtra Authority.

Choosing between PUMBA and Dr. D. Y. Patil School of Management (DYPMS) for your MBA hinges on your specific preferences and objectives. PUMBA, affiliated with Pune University, is esteemed for its academic rigor and diverse alumni network. Offering a broader spectrum of specializations, including Marketing, Finance, HR, and Operations, PUMBA stands out. Its advantageous location in Pune's business hub and comparatively lower fees contribute to its appeal. However, some students note that PUMBA's infrastructure is relatively dated, and placement strengths may vary across sectors.On the other hand, DYPMS boasts a modern campus, excellent facilities, and a robust faculty with industry experience. The school excels in placements, particularly in finance and consulting, enhancing its national brand recognition. However, higher fees and a more limited range of specializations might be considerations. The choice boils down to personal priorities—opt for PUMBA for affordability, diverse specializations, and a central location, or choose DYPMS for modern infrastructure, strong placements, and a nationally recognised brand. Assess your budget, desired specialization, career goals, and preferred location to make an informed decision.

The fee structure for MBA programs at PUMBA, catering to different student categories and programme types, provides a clear overview of costs for the academic year 2023-24. For Maharashtra State Candidates in the Open Category, the annual fees range from INR 1,20,000 for MBA to INR 1,80,000 for MBA Pharma-Biotech. Similarly, for Reserved Category students from Maharashtra, the fees are reduced to INR 60,000 and INR 90,000, respectively. Non-State Candidates in the Open Category face higher fees, with INR 2,20,000 for MBA and INR 3,30,000 for MBA Pharma-Biotech per year. Additional charges, including a one-time Admission Fee of INR 1,000 and a refundable Caution Money of INR 5,000, contribute to the overall costs. It's essential to note that these figures are subject to change, and for the most up-to-date fee structure, prospective students are advised to visit the PUMBA website or contact the admissions office directly.

The following entrance exam results are accepted for admission by PUMBA (Symbiosis Centre for Management Studies, Pune):

1. The main entrance exam for admission to MBA programs at all of Symbiosis International University's institutes, including PUMBA, is called SNAP (Symbiosis National Aptitude Test). A SNAP score is required.
2. XAT (Xavier Aptitude Test): PUMBA shortlists candidates based on their XAT results as well.
3. Common Admission Test (CAT): PUMBA accepts scores from the CAT as well. IIMs administer it to candidates applying to their MBA programs.
4. PUMBA accepts scores from the Common Management Admission Test, or CMAT.
5. The Graduate Management Admission Test, or GMAT, is a well-liked international MBA entrance exam, particularly for candidates from abroad. Also accepted is the GMAT score.
6. The Maharashtra government administers the state-level MH-CET (Maharashtra Common Entrance Test).

There is no management quota for admission in the MBA course offered at PUMBA, Pune. PUMBA, Pune admissions are strictly entrance exam based. For admission in MBA, the candidate should possess a UG degree with a minimum of 50% aggregate (45% for reserved categories). Also, the candidate should take any of these entrance exams, such as MH-CET/ CMAT/ CAT. Based on their score in any of the aforesaid exams, applicants can apply further for the counselling process.

{Source: MBA/PGDM students & alumni}

Here's a summary of the key points:

Placement Records:
* 80% of students get placed every year (Source: Student Review)
* the highest salary package: INR8.5 LPA, the lowest salary package: INR2.5 LPA, Average salary package: INR5-5.5 LPA (Source: Student Review)
* Major recruiters: ZS Associates, IQVIA, Novartis, Freyr Solutions, Marketers, and Markets (Source: Student Review)

Faculty and Curriculum:
* Teachers are well-educated, knowledgeable, and experienced in teaching as well as corporate life (Source: Student Review)
* Course curriculum is relevant and prepares students for industry requirements (Source: Student Review)
* Industry-experienced faculty members provide real-world insights and training (Source: Student Review)

Infrastructure and Facilities:
* Well-developed infrastructure with modern facilities, including computer labs, library, cafeteria, and sports complex (Source: Student Review)
* Free Wi-Fi connectivity available across the campus (Source: Student Review)

Student Life:
* Variety of cells and clubs organize events, workshops, and competitions (Source: Student Review)
* Cultural events, sports leagues, and other activities keep students engaged (Source: Student Review)

While there may be some drawbacks mentioned by individual students, such as inconsistent faculty motivation and limited industrial visits, the majority of reviews highlight the strong placement records, relevant curriculum, and supportive faculty environment. Overall, it seems that pursuing an MBA/PGDM at PUMBA can be a worthwhile option for those seeking a career in the pharma-biotech industry.

{Source: MBA/PGDM students & alumni}

Here's the effectiveness of the placement cell for MBA/PGDM programs at PUMBA:

Placement Cell Effectiveness

* High Placement Rate: According to reviews, the placement cell has consistently achieved a high placement rate, with 100% placements reported in 2018.
* Good Salary Packages: Students have been offered competitive salary packages, ranging from INR5 LPA to INR8.50 LPA, depending on performance.
* Summer Internship Opportunities: Every student completes a summer internship, offering valuable work experience and exposure to industries.
* Industry Connections: The college has connections with top pharma companies, ensuring opportunities for on-campus recruitment.
* Strong Industry Relations: The placement cell works closely with industry partners to provide students with job opportunities.
* Personalized Career Guidance: The faculty and placement cell provide personalized career guidance to help students achieve their professional goals.

Limitations
While the placement cell has shown excellent results, some students have noted that the college could improve in terms of preparing students for industry placements, particularly in areas like finance. However, these limitations seem to be isolated incidents, and overall, the placement cell appears to be effective in helping students secure jobs after graduation.

The total tuition fee for the MBA programme at PUMBA ranges between INR 1.3 Lacs - INR 1.5 lakh. This fee range does not include the hostel fee or the mess fee and only includes the cost of tuition for the two-year MBA programme. The fee range mentioned here is taken from official sources and sanctioning bodies and hence, is indicative. 

The admission process for the MBA programme at PUMBA, Pune, includes taking the MH-CET entrance examination and completing the registration process on the official website. Candidates need to provide personal and academic details, upload documents, pay the application fee, and keep a printout of the application form for future reference.

The fee structure for MBA at the Department of Management Sciences, depends upon the stream chosen. At Savitribai Phule Pune University (PUMBA) For non-residents of Maharashtra, the 1st-year tuition fee is INR 66,694. For MBA program, the fee is INR 1.29 Lakh. The average fees per year are INR 65,000. 

Candidates willing to take admission in the MBA course offered by the Department of Management Science, Savitribai Phule Pune Univeristy (PUMBA) must have done bachelor's degree in any discipline with a minimum of 50% aggregate (45% for reserved categories).

Also, PUMBA accepts admission for its MBA programme based on the score/ rank of MH-CET/ CMAT/ CAT. Those candidates who belong to Maharashtra State have to qualify MH-CET exam. For Outside Maharashtra Candidates (OMS), students can apply through CMAT/CAT/MH-CET.

The key features of PUMBA placements for 2023 and 2022 are summarized in the table. In 2023, the highest package reached INR 18.97 LPA, surpassing the INR 18 LPA of 2022. Similarly, the average package increased from INR 8.10 LPA in 2022 to INR 8.85 LPA in 2023. Although the number of offers made slightly decreased from 175 in 2022 to 167 in 2023, the number of students opting for placements remained relatively stable, with 177 in 2022 and 173 in 2023.

The Department of Management Science, Savitribai Phule Pune University offers MBA through five specialisations spread over six trimesters with a duration of twenty-two months:

1. Marketing
2. Finance
3. Systems
4. Human Resources
5. Operations

The Department of Management Science, Pune Univeristy (PUMBA) accepts admission in its MBA programme mainly through MH-CET, which the Government of Maharashtra conducts under the supervision of DTE. Apart from MBA MH-CET, PUMBA also accepts the CAT/ CMAT/ ATMA score for admission in the MBA programme.

The Department of Management Sciences (PUMBA), Pune, offers both BBA and MBA programs. The placement statistics for the BBA programme indicate that students are placed in companies with an average annual package of 25 LPA, with around 98% of students being placed in companies of their interest. On the other hand, the MBA programme at PUMBA has recorded an average package of INR 8.85 LPA and a the highest package of INR 18.97 LPA in 2023, with 104 companies participating in the placement drive. Based on these statistics, the MBA programme at PUMBA has stronger placement outcomes compared to the BBA program.