Maharashtra MBA Colleges 2025 – Fees, Placements, Rankings
Maharashtra is home to some of India’s finest MBA colleges – from top-ranked IIMs and Symbiosis institutes to affordable government colleges and emerging B-schools. Whether you’re targeting CAT, MAH-CET, CMAT, or SNAP – this guide helps you choose the best MBA college in Maharashtra based on rankings, fees, ROI, location, and specialization.
Maharashtra MBA Colleges 2025 – Quick Highlights
| Feature | Details |
| Total MBA Colleges | 650+ |
| Top Exams Accepted | MAH-CET, CAT, CMAT, XAT, SNAP, ATMA, MAT |
| Top MBA Cities | Mumbai, Pune, Nagpur, Nashik, Aurangabad |
| Avg. Fees Range | ₹1.5 Lakhs – ₹22 Lakhs |
| Top Recruiters | Deloitte, EY, TCS, Infosys, HDFC, ICICI, Accenture |
| Specializations Offered | Finance, Marketing, HR, Operations, IT, Business Analytics, Pharma |
| Admission Rounds | CAP Rounds (DTE), Institute-level Counseling |
Top Government MBA Colleges in Maharashtra
| College Name | City | Entrance Exam | Fees (Approx.) | Avg. Package | NAAC/NIRF |
| JBIMS (Jamnalal Bajaj Institute of Management) | Mumbai | MAH-CET/CAT | ₹6 Lakhs | ₹27 LPA | NAAC A++ |
| SIMSREE | Mumbai | MAH-CET/CAT/CMAT | ₹1.4 Lakhs | ₹12 LPA | NAAC A |
| PUMBA (Pune Univ. Dept. of Management Sciences) | Pune | MAH-CET | ₹1.35 Lakhs | ₹7 LPA | NAAC A+ |
| COEP Technological University – DoMS | Pune | MAH-CET | ₹2.2 Lakhs | ₹6.5 LPA | NAAC A |
| Dr. D.Y. Patil Vidyapeeth – SoM | Pune | MAH-CET/MAT/XAT | ₹3.2 Lakhs | ₹5.2 LPA | NAAC A++ |
Top Private MBA Colleges in Maharashtra
| College Name | City | Entrance Exams | Fees (Approx.) | Avg. Package | Notable For |
| SIBM (Symbiosis Institute of Business Mgmt) | Pune | SNAP | ₹22 Lakhs | ₹28 LPA | Premier Private B-School |
| NMIMS (Narsee Monjee Institute) | Mumbai | NMAT | ₹19 Lakhs | ₹24 LPA | Corporate Exposure |
| MIT WPU – Faculty of Management | Pune | MAH-CET/CAT | ₹7 Lakhs | ₹6.5 LPA | Tech & Innovation Focus |
| ITM Business School | Navi Mumbai | CAT/XAT/MAH-CET | ₹10.45 Lakhs | ₹8.5 LPA | Industry Projects |
| Balaji Institute of Modern Management (BIMM) | Pune | CAT/CMAT | ₹8.85 Lakhs | ₹7.2 LPA | Discipline + ROI |
MBA Admission Process in Maharashtra
| Step | Description |
| Eligibility Criteria | Bachelor’s Degree with minimum 50% (45% for reserved category) |
| Entrance Exams | MAH-CET (State Quota), CAT, CMAT, XAT, SNAP, ATMA |
| CAP (Centralised Admission Process) | Conducted by DTE Maharashtra for MAH-CET based admissions |
| Institute-level Admissions | Based on national exams (CAT, CMAT, etc.) |
| Final Selection | Group Discussion + Personal Interview + Academic & Work Ex Score |
ROI: Fees vs Placement Comparison for Maharashtra MBA Colleges
| Institute Name | Fees (INR) | Avg. Package (INR) | ROI Indicator |
| SIMSREE, Mumbai | ₹1.4 Lakhs | ₹12 LPA | Excellent ROI |
| SIBM Pune | ₹22 Lakhs | ₹28 LPA | Good ROI |
| JBIMS, Mumbai | ₹6 Lakhs | ₹27 LPA | High ROI |
| PUMBA, Pune | ₹1.35 Lakhs | ₹7 LPA | Value for Money |
| NMIMS, Mumbai | ₹19 Lakhs | ₹24 LPA | Decent ROI |
Top MBA Specializations in Maharashtra
| Specialization | % of Colleges Offering |
| Marketing | 90% |
| Finance | 88% |
| Human Resource (HR) | 75% |
| Business Analytics | 60% |
| Operations Management | 58% |
| International Business | 45% |
| Pharma & Healthcare | 30% |
City-Wise Distribution of MBA Colleges Maharashtra
| City | No. of MBA Colleges | Highlights |
| Mumbai | 120+ | Corporate exposure, Top recruiters |
| Pune | 150+ | Student-friendly, innovation hub |
| Nagpur | 45+ | Emerging education zone |
| Nashik | 35+ | Focus on agribusiness, local MBA |
| Aurangabad | 30+ | Regional university B-schools |
FAQs – Maharashtra MBA Colleges
Q1. Which MBA exam is best for Maharashtra colleges?
Ans: MAH-CET for state colleges, CAT/CMAT/SNAP for top private ones.
Q2. What are some of the lowest fee MBA colleges in Maharashtra?
Ans: SIMSREE, PUMBA, COEP – all under ₹2 Lakhs with great placements.
Q3. Is MBA from Symbiosis Pune worth it?
Ans: Yes, especially for Marketing, HR, and Analytics. High placement record.
Q4. Can I get direct admission in Maharashtra MBA College?
Ans: Yes, many private institutes offer direct or management quota seats.
Q5. Which city is best for MBA in Maharashtra?
Ans: Pune and Mumbai are top choices for exposure, ROI, and faculty.
Careermantra- Career Mantra is an online guidance forum for students that assists them in selecting the perfect college and course. It began its journey in 2008 in Pune and provides details of more than 1,500 colleges and 25,000 courses. It guides students in India as well as overseas for admissions at UG and PG levels, particularly for MBA courses. Career Mantra also assists with entrance exam preparation, interview preparation, and scholarship search to facilitate smooth progress for students in their career.
Conclusion
Maharashtra offers diverse MBA opportunities – from highly-ranked institutes with global recognition to budget-friendly government colleges. Choose based on your exam score, budget, specialization interest, and career goals. Don’t forget to participate in the CAP rounds if you’re appearing for MAH-CET!
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Symbiosis Institute of Business Management, Pune