Which is the No. 1 MBA college in Maharashtra as per NIRF 2024?

Listed below are some of the colleges along with their NIRF ranking of past three years from 2022 to 2024: College Names NIRF 2022 NIRF 2023 NIRF 2024 Symbiosis Institute of Business Management Ranking 17 17 13 SPJIMR Ranking 21 20 20 NMIMS School of Business Management Ranking 25 21 21 IIM Nagpur Ranking 43 43 31 KJ Somaiya Institute of Management Ranking 71 45 63 Welingkar Institute of Management Ranking 68 73 84 Hope this answers your query!!

Which is the best college for an MBA in Maharashtra with the highest placement package?

The following table provides a comprehensive summary of the best MBA colleges in Maharashtra, together with the placement packages that these institutions offer to its graduates and the names of the major recruiters that were involved. College Name Annual Average Package Prominent Recruiters NMIMS School of Business Management Placements INR 7 LPA - INR 19 LPA American Express, Axis Bank, EY, ITC, Wipro, etc. SIBM Pune Placements INR 24 LPA Fullerton, Kroll, Luminous, Aditya Birla Capital, EY, PwC, etc. IIM Mumbai (formerly known as NITIE) Placements INR 21 LPA – INR 31 LPA Capgemini, Coca-Cola, KPMG, Britannia, etc. SPJIMR Placements INR 25 LPA – INR 30 LPA Asian Paints, Godrej, HUL, Nestle, Castrol, etc. NMIMS Mumbai Placements INR 19 LPA Accenture, Adobe, Infosys, EY, etc.

What is the eligibility criteria to get admission to top MBA colleges in Maharashtra?

The following is a list of general requirements for admission to the best MBA programs in Maharashtra: A bachelor's degree or its equivalent from an accredited university or other institution in any discipline is required of candidates, with a minimum cumulative GPA of 50%. Maharashtra has a large number of MBA schools that take into account the results of national entrance tests like the MAT, CAT, GMAT, XAT, CMAT, or MAH CET. It is necessary for candidates to achieve the minimum cutoff scores that each college has established.

What is the MAH MBA CET syllabus?

The syllabus of MAH MBA CET includes the following: Logical and Abstract Reasoning: Arrangements, Family tree, Coding-Decoding, Direction, Clock and Calendars, Groups and Conditionality, Number Series, Venn Diagrams, Syllogisms, Odd Word Out, Analogies, Blood Relations, Proposition, Direction Sense, Assumptions, Puzzles, Binary Logic, Clock and Calendars, Sets and Caselets, etc. Quantitative Aptitude: Geometry, Trigonometry, Algebra, Mensuration, Partnership (Accounts), Profit and Loss, Mean, mode, median, Ratio and Proportion, In-Equations, Quadratic and Linear equations, Surds and Indices, Time-Speed-Distance, Number System, Geometric Progression, Binomial theorem, Inequalities, Work and Time, Percentage, Logarithms, Square Root and Cube Root, Probability and Simple Interest and Compound Interest. Verbal Ability and Reading Comprehension: Reading comprehension, selling/appropriate usage, fill in the banks, para jumbles, vocabulary, antonyms and synonyms, error correction, sentence completion and word arrangement, grammar, one-word substituting and verbal ability.

What is the difficulty level of MAH MBA CET?

MAH MBA CET is a moderately difficult exam. It’s difficulty level is lower than CAT but higher than MAT or ATMA. A major factor that makes MAH CET a difficult test to crack is that the questions are presented in random order and sectional weightage vary in every slot. So, candidates cannot anticipate or plan how many and which type of questions to get to their target score. Also, the MAH MBA CET is dominated by Logical Reasoning questions and there are comparatively less Quantitative Aptitude questions. Since, there is no set pattern, candidates cannot pre-plan. They need to make a strategy and implement it as soon as they see the question paper. So, those who can think on their feet and can crack the exam better than others.

What are the various Distance MBA colleges in Maharashtra?

The table below shows the distance MBA colleges in Maharashtra along with their total tuition costs: Distance MBA Colleges Total Tuition Fee Symbiosis Centre for Distance Learning INR 50,000 Institute of Distance and Open Learning, University of Mumbai INR 19,000 - INR 1 lakh IIBMS INR 41,000 - INR 51,000 Yashwantrao Chavan Maharashtra Open University INR 33,000 MIT School of Distance Education, MAEER INR 65,000 - INR 9 lakh

Is it worth doing an MBA from MBA colleges in Maharashtra?

Joining MBA colleges in Maharashtra can be worthwhile for you. For that, you need to check its ROI. Listed below are some of the colleges along with their total tuition fees and average placement package: College Name Total Tuition Fee Annual Average Package NMIMS School of Business Management MBA INR 8 lakh – INR 24 lakh INR 7 LPA - INR 19 LPA SIBM Pune MBA INR 24 lakh INR 24 LPA IIM Mumbai (formerly known as NITIE) MBA INR 14 lakh INR 21 LPA – INR 31 LPA SPJIMR MBA INR 15 lakh – INR 24 lakh INR 3 LPA – INR 32 LPA NMIMS Mumbai MBA INR 10 lakh INR 19 LPA Hope this information proves beneficial for you!!

How can I prepare for MAH MBA CET?

MAH MBA CET preparation can be done in two ways – 1. Join a coaching institute 2. Prepare by self study. If you choose the former, you will get complete guidance from the teachers and mentors, but if you choose the later, you will have to be your own guide. Self study will require a lot more discipline and dedication. Take simple yet impactful steps. First of all, check the exam syllabus and see how much time you will require to cover the topics. If you are already familiar with the topics included in the MAH MBA CET syllabus, you will be able to have an estimation of the time required. Ideally, you should start MAH MBA CET preparation about nine months in advance. That will give you an ample time to understand and master the topics included in the syllabus through theory and practice questions. Join online study groups for problem solving and doubt clearing. Staying in contact with peers will keep you motivated for preparation.

Which top MBA colleges in Maharashtra give admission through MAH CET?

There are a total of 398 top MBA colleges in Maharashtra that give admission through MAH CET score. Out of which, some of them are mentioned below along with their total tuition costs: College Name Total Tuition Fee Pune Institute of Business Management INR 7 lakh - INR 8 lakh Jamnalal Bajaj Institute of Management Studies INR 6 lakh- INR 7 lakh Indira School of Business Studies INR 4 lakh- INR 7 lakh Neville Wadia Institute of Management Studies and Research INR 3 lakh- INR 4 lakh IIMS Pune INR 9 lakh

What are the top colleges in Maharashtra that offer Online MBA?

There are about 70 top Online MBA colleges in Maharashtra. Some of them are mentioned below along with their tuition fees: Online MBA Colleges Tuition Fee SPJIMR Mumbai INR 10 lakh Welingkar Mumbai INR 61,000 - INR 1 lakh Pune Institute of Business Management INR 3 lakh National Insurance Academy- NIA INR 11 lakh Amity University Online INR 2 Lacs - INR 3 lakh

Is SIBM Pune worth for MBA?

Yes, Symbiosis Institute of Business Management is definitely a good option for pursuing an MBA degree. As per the National Institutional Ranking Framework (NIRF) 2023, SIBM Pune was ranked 17 in the Management category. It was also ranked 1 position by the Times ranked colleges in Pune in 2022. Talking about SIBM Pune placements, the highest and average package offered in 2022 was INR 35.05 LPA and INR 26.77 LPA, respectively. An increase of nearly 50% was observed in the highest package offered during placements 2021 when compared to 2020. So, yes SIBM Pune is worth for pursuing an MBA course.

Best MBA Colleges in Maharashtra: Ranking 2025, Fees, Placements, Admission, Exams

Q: How many colleges for MBA in Maharashtra?

There are about 700+ best MBA colleges in Maharashtra. Among these, 473 colleges are privately owned, 37 colleges are owned by public/government organisations and public-private entities own 20 MBA colleges. CAT, CMAT, MAH CET, MAT, XAT, and ATMA are some of the most accepted entrance exams in top MBA colleges in Maharashtra. NMIMS School of Business Management, Symbiosis Institute of Business Management, National Institute of Industrial Engineering, S.P. Jain Institute of Management and Research, K J Somaiya Institute of Management, etc. are some of the popular MBA colleges in Maharashtra.

Q: What are the various entrance exams accepted by top MBA colleges in Maharashtra?

The different admission tests that leading MBA colleges in Maharashtra accept are listed here, along with a cutoff prediction and the number of universities that accept each exam: Exams Number of Colleges Cut off Predictor MAH CET 621 MAH CET 2024 Predictor CAT 424 CAT 2024 Predictor CMAT 406 CMAT 2024 Predictor XAT 390 XAT 2024 Predictor MAT 390 MAT 2024 Predictor ATMA 364 ATMA 2024 Predictor

Overview

MBA Colleges in Mumbai

PGDM Vs MBA

MAH CET Exam 2024

779 Best MBA Colleges in Maharashtra: Ranking 2025, Fees, Placements, Admission, Exams

There are about 700+ best MBA colleges in Maharashtra. Among these, 482 colleges are privately owned, 37 colleges are owned by public/government organisations and public-private entities own 21 MBA colleges. CAT, CMAT, MAH CET, MAT, XAT, and ATMA are some of the most accepted entrance exams in top MBA colleges in Maharashtra. NMIMS School of Business Management, ITM Business School Navi Mumbai, Symbiosis Institute of Business Management, National Institute of Industrial Engineering, S.P. Jain Institute of Management and Research, K J Somaiya Institute of Management, etc. are some of the popular MBA colleges in Maharashtra.

Latest Update:

The Maharashtra State CET has announced the MAH CET 2025 exam date. MAH MBA CET 2025 will be held on March 17, 18 and 19, 2025. MAH CET 2025 registrations will start in February 2025.

Best MBA Colleges in Maharashtra

Latest Update:

The Maharashtra State CET has announced the MAH CET 2025 exam date. MAH MBA CET 2025 will be held on March 17, 18 and 19, 2025. MAH CET 2025 registrations will start in February 2025.

Best MBA Colleges in Maharashtra: Highlights 2024
Best MBA Colleges in Maharashtra with NIRF Ranking 2024
Best MBA Colleges in Maharashtra: Admissions 2024
Best MBA Colleges in Maharashtra: Exam Schedule 2024
Best Private MBA Colleges in Maharashtra
Best Govt. MBA Colleges in Maharashtra
Best Semi-Govt MBA Colleges in Maharashtra
Distance MBA Colleges in Maharashtra
Online MBA Colleges in Mumbai
Best MBA Colleges in Maharashtra: Fees vs Salary
Highest Placement Offered by Best MBA Colleges in Maharashtra
Low-cost MBA Colleges in Maharashtra
Specialisations Offered by Best MBA Colleges in Maharashtra
Best MBA Colleges in Maharashtra: Cutoff 2024
Best MBA Colleges in Maharashtra: Comparison 2024

Best MBA Colleges in Maharashtra: Highlights 2024

An MBA is a 2-year postgraduate course that covers the fundamentals and advanced topics related to the management discipline. Some of the top MBA specialisations include Human Resources, Finance, Marketing, Organizational Behavior, Management Principles, and so on. An MBA degree can enhance an individual's skills and abilities and make them competent enough to work at managerial levels, thereby opening doors to countless career opportunities.

The key highlights related to MBA top colleges in Maharashtra are mentioned below:

Parameters	Particulars/Statistics
Number of MBA Colleges	700+
Annual Fees	INR < 1 lakh: 65 colleges INR 1-2 lakh: 249 colleges INR 2-3 lakh: 89 colleges INR 3-5 lakh: 67 colleges INR > 5 lakh: 172 colleges
Top Specialisations	Finance, Human Resources, Sales and Marketing, Operations, Business Analytics, etc.
Accepted Entrance Exams	CAT, XAT, CMAT, MAT, MAH CET, etc.

Disclaimer: This information is sourced from the official website and may vary.

Predict your chances here: MBA 2024 Cutoff Predictor

Best MBA Colleges in Maharashtra with NIRF Ranking 2024

The NIRF (National Institutional Ranking Framework) ranking is an annual ranking system implemented by the Ministry of Education, Government of India. It aims to evaluate and rank higher education institutions in India based on various parameters such as teaching, learning, research, graduation outcomes, perception, and more. The NIRF rankings provide a comprehensive assessment of institutions across different disciplines, including MBA colleges.

Among the top 10 MBA colleges in Maharashtra. The table below shows the best MBA colleges in Maharashtra along with NIRF ranking from past three years, i.e. from 2022 to 2024 are mentioned below:

College Names	NIRF 2022	NIRF 2023	NIRF 2024
Symbiosis Institute of Business Management Ranking	17	17	13
SPJIMR Ranking	21	20	20
NMIMS School of Business Management Ranking	25	21	21
IIM Nagpur Ranking	43	43	31
KJ Somaiya Institute of Management Ranking	71	45	63
Welingkar Institute of Management Ranking	68	73	84

Disclaimer: This information is sourced from the official website of the ranking body listed and may vary.

READ MORE: MBA Courses

Best MBA Colleges in Maharashtra: Admissions 2024

The general eligibility criteria to get MBA admission to top colleges for MBA in Maharashtra are listed below:

Candidates should have a bachelor's degree or equivalent qualification in any discipline from a recognised university or institution with a minimum of 50% aggregate.
Many MBA colleges in Maharashtra consider scores from national-level entrance exams such as MAH CET, CAT, GMAT, XAT, CMAT, or MAT. Candidates are required to meet the minimum cutoff scores set by the respective colleges.

Best MBA Colleges in Maharashtra: Exam Schedule 2024

The most popular entrance exams accepted by top colleges for MBA in Maharashtra are mentioned below:

MAH CET: Maharashtra Common Entrance Test or MAH CET is a management entrance test. Officially known as MAH MBA/MMS-CET, the exam is conducted by the State Common Entrance Test Cell, Maharashtra, for admission to management courses in various institutes in the state of Maharashtra.
XAT: Xavier Aptitude Test or XAT is a national-level management entrance examination conducted by XLRI, Jamshedpur for admission to MBA/PGDM programmes. Apart from XLRI and 10 other XAMI member colleges, over 1,000 B-schools accept XAT scores for admission to their post-graduate management programmes. The XAT question paper consists of 100 Multiple Choice Questions (MCQs) from Decision Making, Verbal & Logical Ability, Quantitative Ability & Data Interpretation and General Knowledge. XAT cut offs for XLRI's PGDM-BM programme are usually around 95 percentile for male candidates and 92 percentile for female candidates.
CAT: Common Admission Test or CAT is a national level management aptitude test which is conducted by the IIM for admission to the MBA courses offered by its 21 campuses and over 1,200 B-schools in India. NITIE Mumbai has been added to the cluster as IIM Mumbai. Over two lakh candidates apply for the CAT exam every year. In CAT 2024, the registration set a new record with 3.30 lakh applications.

Listed below are the following admission dates and schedule for MBA top colleges in Maharashtra:

Exam Name	Dates	Schedule
CAT Exam 2024	24 Nov '24	CAT Schedule
XAT Exam 2025	5 Jan ‘25	XAT Schedule
MAH CET 2025 Exam	Mar '25	MAH CET Schedule

Read More About Entrance Exam Accepting Colleges:

What are the entrance exams accepted by top MBA Colleges in Maharashtra?

Listed below are the various entrance exams accepted by top MBA colleges in Maharashtra:

Exams	Number of Colleges	Cut off Predictor
MAH CET	619	MAH CET 2024 Predictor
CAT	426	CAT 2024 Predictor
CMAT	406	CMAT 2024 Predictor
MAT	391	MAT 2024 Predictor
XAT	390	XAT 2024 Predictor
ATMA	364	ATMA 2024 Predictor

Preparing for CAT 2024?

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Best Private MBA Colleges in Maharashtra

Among the top 10 MBA colleges in Maharashtra. The table below shows the private best MBA colleges in Maharashtra along with their total tuition fee/seat intake and entrance exams/eligibility criteria:

Private Colleges

Total Tuition Fee/Seat Intake

Entrance Exams/Eligibility Criteria

ITM Business School Navi Mumbai Admission

INR 12 lakh

Seats: 540

Entrance Exam: MAT, XAT, CAT, NMAT, etc.

Graduation with 50% aggregate

NMIMS School of Business Management Admission

INR 13 lakh – INR 25 lakh

Seats: 1,350

Entrance Exam: NMAT

Graduation with 55% aggregate

Symbiosis Institute of Business Management Admission

INR 24 lakh

Seats: 910

Entrance Exam: SNAP

Graduation with 50% aggregate

S.P. Jain Institute of Management and Research Admission

INR 15 lakh – INR 24 lakh

Seats: 880

Entrance Exam: CAT

Graduation with 50% aggregate

K J Somaiya Institute of Management Admission

INR 17 lakh

Seats: 660

Entrance Exam: XAT, CAT, NMAT, etc.

Graduation with 50% aggregate

Pune Institute of Business Management Admission

INR 9 lakh – INR 30 lakh

Seats: 6,140

Entrance Exams: CAT, XAT, MAT, CMAT, MAH CET

Class 12 and Graduation with 50% aggregate

Disclaimer: This information is sourced from the official website/ sanctioning body and may vary.

READ MORE: MBA Syllabus

Best Govt. MBA Colleges in Maharashtra

Among the top 10 MBA colleges in Maharashtra. The table below shows the government best MBA colleges in Maharashtra list along with their total tuition fee/seat intake and entrance exams/eligibility criteria:

Public/Government Colleges	Total Tuition Fee/Seat Intake	Entrance Exams/Eligibility Criteria
IIM Mumbai (formerly known as NITIE) Admission	INR 14 lakh	Entrance Exams: CAT, GATE Graduation with 60% aggregate
IIM Nagpur Admission	INR 19 lakh	Entrance Exam: CAT Graduation with 50% aggregate
UNIPUNE - Savitribai Phule Pune University Admission	INR 1 lakh Seats: 21,884	Entrance Exams: MAH CET, CAT, CMAT, MAT, XAT, etc. Class 12 and Graduation with 50% aggregate
Shailesh J. Mehta School of Management Admission	INR 3 lakh – INR 20 lakh Seats: 172	Entrance Exams: CAT, JEE Main, JEE Advanced Graduation with 60% aggregate

Disclaimer: This information is sourced from the official website/ sanctioning body and may vary.

Best Semi-Govt MBA Colleges in Maharashtra

The table below shows the public-private best MBA colleges in Maharashtra list along with their total tuition fee/seat intake and entrance exams/eligibility criteria:

Public-Private Colleges	Total Tuition Fee/Seat Intake	Entrance Exams/Eligibility Criteria
National Institute of Bank Management Admission	INR 14 lakh Seats: 180	Entrance Exams: CAT, XAT, CMAT Graduation with 50% aggregate
NICMAR University Admission	INR 6 lakh – INR 20 lakh Seats: 1,170	Entrance Exams: CUET, CUET-PG Class 12 with 60% aggregate and graduation with 50% aggregate
J.M.Patel Arts, Commerce and Science College Admission	INR 95,000 Seats: 60	Entrance Exams: CAT, XAT, MAT, GMAT, etc. Graduation with 50% aggregate
Pratap College Admission	INR 28,000 Seats: 60	Pass in Graduation

Disclaimer: This information is sourced from the official website/ sanctioning body and may vary.

Best MBA Colleges in Pune

Given below is the tabular representation of the best MBA colleges in Pune along with their NIRF ranking (2024) and total tuition fee:

College Name	NIRF Ranking (2024)	Total Tuition Fee
SIBM Pune	13	INR 16 lakh - INR 22 lakh
National Institute of Bank Management	91	INR 14 lakh
Pune Institute of Business Management	101-125	INR 7 lakh - INR 30 lakh
National Insurance Academy	101-125	INR 9 lakh

Best MBA Colleges in Mumbai

Given below is the tabular representation of the best MBA colleges in Mumbai along with their NIRF ranking (2024) and total tuition fee:

College Name	NIRF Ranking (2024)	Total Tuition Fee
IIM Mumbai	6	INR 9 lakh
SPJIMR	20	INR 20 lakh - INR 22 lakh
NMIMS School of Business Management	21	INR 8 lakh - INR 24 lakh
Welingkar Mumbai	84	INR 94,000 - INR 14 lakh

Best MBA Colleges in Nagpur

Given below is the tabular representation of the best MBA colleges in Nagpur along with their NIRF ranking (2024) and total tuition fee:

College Name	NIRF Ranking (2024)	Total Tuition Fee
IIM Nagpur	31	INR 18 lakh
IMT Nagpur	101-125	INR 14 lakh
SIBM Nagpur	NA	INR 10 lakh - INR 16 lakh
Dr. Ambedkar Institute of Management Studies and Research	NA	INR 2 lakh

To learn more about MBA colleges in different locations, click on the link below:

Distance MBA Colleges in Maharashtra

The table below shows the distance MBA colleges in Maharashtra along with their total tuition costs:

Distance MBA Colleges	Total Tuition Fee
Symbiosis Centre for Distance Learning	INR 50,000
Institute of Distance and Open Learning, University of Mumbai	INR 19,000 - INR 1 lakh
IIBMS	INR 41,000 - INR 51,000
Yashwantrao Chavan Maharashtra Open University	INR 33,000
MIT School of Distance Education, MAEER	INR 65,000 - INR 9 lakh

Disclaimer: This information is sourced from the official website.

Online MBA Colleges in Maharashtra

There are about 70 top Online MBA colleges in Maharashtra. Some of them are mentioned below along with their tuition fees:

Online MBA Colleges	Tuition Fee
SPJIMR Mumbai	INR 10 lakh
Welingkar Mumbai	INR 61,000 - INR 1 lakh
Pune Institute of Business Management	INR 3 lakh
National Insurance Academy- NIA	INR 11 lakh
Amity University Online	INR 2 lakh - INR 3 lakh

Disclaimer: This information is sourced from the official website.

Best MBA Colleges in Maharashtra: Fees vs Salary

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 best MBA colleges in Maharashtra along with total tuition fee and annual average package:

College Names	Total Tuition Fee	Annual Average Package
NMIMS School of Business Management MBA	INR 13 lakh – INR 25 lakh	INR 7 LPA - INR 19 LPA
SIBM Pune MBA	INR 24 lakh	INR 24 LPA
IIM Mumbai (formerly known as NITIE) MBA	INR 14 lakh	INR 21 LPA – INR 31 LPA
SPJIMR MBA	INR 15 lakh – INR 24 lakh	INR 3 LPA – INR 32 LPA
NMIMS Mumbai MBA	INR 10 lakh	INR 19 LPA

Disclaimer: The above statistics are based on the latest available data.

Highest Placement Offered by Best MBA Colleges in Maharashtra

Listed below are the best MBA colleges in Maharashtra along with their annual average package and prominent recruiters:

College Name	Annual Average Package	Prominent Recruiters
NMIMS School of Business Management Placements	INR 7 LPA - INR 19 LPA	American Express, Axis Bank, EY, ITC, Wipro, etc.
SIBM Pune Placements	INR 24 LPA	Fullerton, Kroll, Luminous, Aditya Birla Capital, EY, PwC, etc.
IIM Mumbai (formerly known as NITIE) Placements	INR 21 LPA – INR 31 LPA	Capgemini, Coca-Cola, KPMG, Britannia, etc.
SPJIMR Placements	INR 25 LPA – INR 30 LPA	Asian Paints, Godrej, HUL, Nestle, Castrol, etc.
NMIMS Mumbai Placements	INR 19 LPA	Accenture, Adobe, Infosys, EY, etc.

Disclaimer: This information is sourced from official website/ media reports/ NIRF website and may vary.

Low-cost MBA Colleges in Maharashtra

It is estimated that joining MBA colleges in Maharashtra might be affordable as most of the colleges have their total tuition fee ranging between INR 1-2 lakh. Some of the college's name include Marathwada Institute of Management and Research, SKN Sinhgad School of Business Management, Tirpude Institute of Management Education, Godavari Institute Of Management & Research, etc.

Listed below are some of the affordable MBA colleges in Maharashtra that have tuition fees of less than INR 1 lakh:

Low-cost Colleges	Total Tuition Fee
Welingkar Mumbai	INR 94,000
Indira Institute of Management	INR 30,000
Abasaheb Garware Institute of Management Studies	INR 91,000
Punyashlok Ahilyadevi Holkar Solapur University	INR 88,000
Dr. Babasaheb Ambedkar Marathwada University	INR 20,000 - INR 90,000