Best MBA Colleges accepting NMAT Score in Maharashtra

There are a total of 28 best MBA colleges accepting NMAT score in Maharashtra. Among these, 25 colleges are privately owned and 1 college is owned by public/government organisations. NMAT is the only accepting entrance exam in top MBA colleges in Maharashtra. NMIMS School of Business Management, NMIMS Mumbai, K J Somaiya Institute of Management, FLAME University, MIT-WPU, ITM Business School, etc. are some of the popular MBA colleges in Maharashtra under NMAT Score.

The revised rankings of top NMAT accepting MBA colleges in Maharashtra is mentioned below:

NMIMS School of Business Management has improved its ranking as it shifted to rank 21 in 2023 as compared to rank 25 in 2022.
K J Somaiya Institute of Management has improved its ranking as it shifted to rank 45 in 2023 as compared to rank 71 in 2022.

Top MBA Colleges Accepting NMAT Score in Maharashtra: Highlights 2023

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The revised rankings of top NMAT accepting MBA colleges in Maharashtra is mentioned below:

NMIMS School of Business Management has improved its ranking as it shifted to rank 21 in 2023 as compared to rank 25 in 2022.
K J Somaiya Institute of Management has improved its ranking as it shifted to rank 45 in 2023 as compared to rank 71 in 2022.

Top MBA Colleges Accepting NMAT Score in Maharashtra: Highlights 2023

Master of Business Administration (MBA) is a postgraduate degree programme that provides advanced business and management training. The course will equip students with the knowledge and skills to succeed in leadership roles. MBA programs emphasize the development of an individual's analytical, critical thinking, and decision-making skills. MBA also helps students to communicate effectively and work effectively in teams.

The key highlights related to best MBA colleges in Maharashtra under NMAT score are mentioned below:

Parameters	Particulars/Statistics
No. of MBA Colleges	28
Annual Fees	INR 2-3 lakh: 1 college INR 3-5 lakh: 5 colleges INR > 5 lakh: 22 Colleges
Top Specialisations	Finance, Human Resources, Sales and Marketing, International Business, etc
Accepted Entrance Exam	NMAT

Predict your chances here: MBA 2023 Cutoff Predictor

Top MBA Colleges Accepting NMAT Score in Maharashtra: Eligibility Criteria

The general eligibility criteria to get MBA admission in Maharashtra that accept NMAT scores are listed below:

Candidates should have a bachelor's degree or an equivalent qualification in any discipline from a recognised university or institution with a minimum of 50% aggregate.
MBA colleges in Maharashtra consider scores from national-level entrance exam such as NMAT. Candidates are required to meet the minimum cutoff scores set by the respective colleges.

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Predict your NMAT score and admission chances with Shiksha college predictor: NMAT 2023 College Predictor

Top MBA Colleges Accepting NMAT Score in Maharashtra with NIRF Ranking 2023

Colleges are ranked each year by the National Institutional Ranking Framework (NIRF). The rating is determined by a number of factors, and it varies from year to year based on how well a college or university performs in areas like faculty, placements, and infrastructure.

The below table shows the NMAT colleges in Maharashtra that are ranked under NIRF from past three years, i.e. from 2021 to 2023:

College Name	NIRF 2021	NIRF 2022	NIRF 2023
NMIMS School of Business Management	22	25	21
K J Somaiya Institute of Management	56	71	45

Top Private MBA Colleges Accepting NMAT Score in Maharashtra

Refer to the table below for a detailed overview of the private best MBA colleges in Maharashtra through NMAT score along with their total tuition fee:

Private Colleges	Total Tuition Fee
NMIMS School of Business Management Admission	INR 13 lakh – INR 24 lakh
NMIMS, Mumbai Admission	INR 17 lakh – INR 18 lakh
K J Somaiya Institute of Management Admission	INR 16.6 lakh
FLAME University Admission	INR 12 lakh – INR 13 lakh
MIT-WPU Admission	INR 9 lakh

Top Govt. MBA Colleges Accepting NMAT Score in Maharashtra

Refer to the table below for a detailed overview of the government best MBA colleges in Maharashtra through NMAT score along with their total tuition fee:

Public/Government Colleges	Total Tuition Fee
BSE Institute Limited, Mumbai Admission	INR 2 lakh – INR 7 lakh

Location-wise Top MBA Colleges Accepting NMAT Score in Maharashtra

The table below shows the location-wise distribution of top NMAT accepting colleges in Maharashtra along with their number and names of colleges:

Locations	Number/Names of Colleges
Pune	7 (FLAME University, Suryadatta Institute of Management and Mass Communication, MIT WPU, etc.)
Mumbai	15 (NMIMS School of Business Management, NMIMS Mumbai, K J Somaiya Institute of Management, etc.)
Navi Mumbai	5 (ITM Business School, Pillai Business School, ITM Financial Markets Institute, etc.)
Aurangabad	1 (Maharashtra Institute of Technology)

READ MORE:

Top MBA Colleges Accepting NMAT Score in Mumbai	Top MBA Colleges Accepting NMAT Score in Pune
Top MBA Colleges Accepting NMAT Score in Navi Mumbai	Top MBA Colleges Accepting NMAT Score in Aurangabad

ROI of Top MBA Colleges Accepting NMAT Score in Maharashtra

Return on Investment (ROI) shows how much profit or benefit you get if you pursue a course Return on Investment (ROI) shows how much profit or benefit you get if you pursue a course from a particular college. It assesses the return of the fee invested by the candidate while studying and the return he/she gets in the form of placements.

The table below shows the NMAT colleges for MBA in Maharashtra along with total tuition fee and annual average package:

College Name	Total Tuition Fee	Annual Average Package
NMIMS School of Business Management MBA	INR 13 lakh – INR 24 lakh	INR 19 LPA
K J Somaiya Institute of Management MBA	INR 16.6 lakh	INR 10.25 LPA
Suryadatta Institute of Management and Mass Communication MBA	INR 6.9 lakh	INR 6.5 LPA
MIT-WPU MBA	INR 9 lakh	INR 5 LPA
ITM Business School MBA	INR 11 lakh	INR 7 LPA – INR 9 LPA

Top MBA Colleges Accepting NMAT Score in Maharashtra: Comparison

The table below shows the comparison of top NMAT accepting MBA colleges in Maharashtra:

NMIMS School of Business Management Comparison	K J Somaiya Institute of Management Comparison
Suryadatta Institute of Management and Mass Communication Comparison	MIT-WPU Comparison