{"id":18850,"date":"2025-10-10T07:15:07","date_gmt":"2025-10-10T07:15:07","guid":{"rendered":"https:\/\/careermantra.net\/blog\/?p=18850"},"modified":"2025-10-15T07:23:53","modified_gmt":"2025-10-15T07:23:53","slug":"top-mba-colleges-in-maharashtra-complete","status":"publish","type":"post","link":"https:\/\/careermantra.net\/blog\/top-mba-colleges-in-maharashtra-complete\/","title":{"rendered":"Top MBA Colleges in Maharashtra \u2013 Complete Guide (2026)"},"content":{"rendered":"

Maharashtra boasts many of India’s best MBA schools, such as IIM Nagpur, JBIMS, SPJIMR, and Symbiosis International. These B-schools have high academic standards, robust industry links, and good placements.<\/span><\/p>\n

\u00a0<\/b>Top MBA Colleges in Maharashtra<\/b><\/a> \u2013 NIRF 2026 Ranking<\/b><\/h2>\n\n\n\n\n\n\n\n\n\n\n
Rank (NIRF)<\/b><\/td>\nCollege Name<\/b><\/td>\nLocation<\/b><\/td>\nNIRF Score<\/b><\/td>\n<\/tr>\n
20<\/span><\/td>\nSPJIMR (S.P. Jain Institute)<\/span><\/a><\/td>\nMumbai<\/span><\/td>\n61.92<\/span><\/td>\n<\/tr>\n
21<\/span><\/td>\nSymbiosis Institute of Business Mgmt (SIBM)<\/span><\/a><\/td>\nPune<\/span><\/td>\n61.76<\/span><\/td>\n<\/tr>\n
24<\/span><\/td>\nNMIMS (School of Business Management)<\/span><\/a><\/td>\nMumbai<\/span><\/td>\n60.31<\/span><\/td>\n<\/tr>\n
43<\/span><\/td>\nIIM Nagpur<\/span><\/a><\/td>\nNagpur<\/span><\/td>\n55.1<\/span><\/td>\n<\/tr>\n
45<\/span><\/td>\nDepartment of Management Sciences (PUMBA)<\/span><\/a><\/td>\nPune<\/span><\/td>\n54.88<\/span><\/td>\n<\/tr>\n
51\u201375<\/span><\/td>\nKJ Somaiya Institute of Management<\/span><\/a><\/td>\nMumbai<\/span><\/td>\n–<\/span><\/td>\n<\/tr>\n
76\u2013100<\/span><\/td>\nMIT World Peace University (MIT-WPU)<\/span><\/a><\/td>\nPune<\/span><\/td>\n–<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

If you\u2019re looking for a detailed list of colleges, visit our page on Top MBA Colleges in Pune<\/a> for updated 2025 rankings.<\/strong><\/h2>\n

Top MBA Colleges in Maharashtra \u2013 Fees Structure (Approx.)<\/b><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n
College Name<\/b><\/td>\nTotal Fees (INR)<\/b><\/td>\nDuration<\/b><\/td>\n<\/tr>\n
SPJIMR Mumbai<\/span><\/td>\n\u20b920.42 Lakhs<\/span><\/td>\n2 Years<\/span><\/td>\n<\/tr>\n
SIBM Pune<\/span><\/td>\n\u20b924.59 Lakhs<\/span><\/td>\n2 Years<\/span><\/td>\n<\/tr>\n
NMIMS Mumbai<\/span><\/td>\n\u20b923.90 Lakhs<\/span><\/td>\n2 Years<\/span><\/td>\n<\/tr>\n
IIM Nagpur<\/span><\/td>\n\u20b918.90 Lakhs<\/span><\/td>\n2 Years<\/span><\/td>\n<\/tr>\n
KJ Somaiya Mumbai<\/span><\/td>\n\u20b918.78 Lakhs<\/span><\/td>\n2 Years<\/span><\/td>\n<\/tr>\n
JBIMS Mumbai (MMS)<\/span><\/td>\n\u20b96.00 Lakhs<\/span><\/td>\n2 Years<\/span><\/td>\n<\/tr>\n
PUMBA Pune<\/span><\/td>\n\u20b91.30 Lakhs<\/span><\/td>\n2 Years<\/span><\/td>\n<\/tr>\n
MIT-WPU Pune<\/span><\/td>\n\u20b97.50 Lakhs<\/span><\/td>\n2 Years<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0Top MBA Colleges in Maharashtra \u2013 Average Placement Package<\/b><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n
College Name<\/b><\/td>\nAverage Package (INR)<\/b><\/td>\nHighest Package (INR)<\/b><\/td>\n<\/tr>\n
SPJIMR Mumbai<\/span><\/td>\n\u20b933.02 LPA<\/span><\/td>\n\u20b981 LPA (International)<\/span><\/td>\n<\/tr>\n
SIBM Pune<\/span><\/td>\n\u20b923.01 LPA<\/span><\/td>\n\u20b935.05 LPA<\/span><\/td>\n<\/tr>\n
NMIMS Mumbai<\/span><\/td>\n\u20b918.45 LPA<\/span><\/td>\n\u20b967.80 LPA<\/span><\/td>\n<\/tr>\n
IIM Nagpur<\/span><\/td>\n\u20b916.74 LPA<\/span><\/td>\n\u20b964 LPA<\/span><\/td>\n<\/tr>\n
KJ Somaiya Mumbai<\/span><\/td>\n\u20b912.28 LPA<\/span><\/td>\n\u20b925 LPA<\/span><\/td>\n<\/tr>\n
JBIMS Mumbai<\/span><\/td>\n\u20b914.30 LPA<\/span><\/td>\n\u20b935 LPA<\/span><\/td>\n<\/tr>\n
PUMBA Pune<\/span><\/td>\n\u20b97.20 LPA<\/span><\/td>\n\u20b918 LPA<\/span><\/td>\n<\/tr>\n
MIT-WPU Pune<\/span><\/td>\n\u20b96.50 LPA<\/span><\/td>\n\u20b912.50 LPA<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0MBA Entrance Exams Accepted<\/b><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n
College Name<\/b><\/td>\nExams Accepted<\/b><\/td>\n<\/tr>\n
SPJIMR Mumbai<\/span><\/td>\nCAT, GMAT<\/span><\/td>\n<\/tr>\n
SIBM Pune<\/span><\/td>\nSNAP<\/span><\/a><\/td>\n<\/tr>\n
NMIMS Mumbai<\/span><\/td>\nNMAT<\/span><\/a> by GMAC<\/span><\/td>\n<\/tr>\n
IIM Nagpur<\/span><\/td>\nCAT<\/span><\/a><\/td>\n<\/tr>\n
KJ Somaiya Mumbai<\/span><\/td>\nCAT, <\/span>XAT<\/span><\/a>, CMAT, NMAT<\/span><\/td>\n<\/tr>\n
JBIMS Mumbai<\/span><\/td>\nMAH MBA CET, CMAT, CAT<\/span><\/td>\n<\/tr>\n
PUMBA Pune<\/span><\/td>\nMAH MBA CET<\/span><\/td>\n<\/tr>\n
MIT-WPU Pune<\/span><\/td>\nMAH MBA CET, CAT, <\/span>MAT<\/span><\/a>, <\/span>CMAT<\/span><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0Specializations Offered<\/b><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n
College Name<\/b><\/td>\nPopular Specializations Offered<\/b><\/td>\n<\/tr>\n
SPJIMR<\/span><\/td>\nFinance, Marketing, Operations, Information Mgmt, General Mgmt<\/span><\/td>\n<\/tr>\n
SIBM Pune<\/span><\/td>\nMarketing, HR, Finance, Operations, Data Analytics<\/span><\/td>\n<\/tr>\n
NMIMS Mumbai<\/span><\/td>\nFinance, HR, Marketing, Business Analytics, Strategy<\/span><\/td>\n<\/tr>\n
IIM Nagpur<\/span><\/td>\nGeneral MBA, Analytics, Strategy<\/span><\/td>\n<\/tr>\n
KJ Somaiya<\/span><\/td>\nHealthcare, Finance, Retail, Sports Mgmt, HR, Marketing<\/span><\/td>\n<\/tr>\n
JBIMS<\/span><\/td>\nFinance, Operations, Systems, Marketing<\/span><\/td>\n<\/tr>\n
PUMBA<\/span><\/td>\nGeneral MBA with dual specialization<\/span><\/td>\n<\/tr>\n
MIT-WPU<\/span><\/td>\nInternational Business, Agri-Business, Marketing, HR<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0Ownership Type & Accreditation<\/b><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n
College Name<\/b><\/td>\nType<\/b><\/td>\nAccreditation\/Approvals<\/b><\/td>\n<\/tr>\n
SPJIMR<\/span><\/td>\nPrivate<\/span><\/td>\nAICTE, AMBA<\/span><\/td>\n<\/tr>\n
SIBM Pune<\/span><\/td>\nPrivate<\/span><\/td>\nNAAC A++, UGC, SIU<\/span><\/td>\n<\/tr>\n
NMIMS Mumbai<\/span><\/td>\nDeemed<\/span><\/td>\nNAAC A+, UGC, AICTE<\/span><\/td>\n<\/tr>\n
IIM Nagpur<\/span><\/td>\nGovt<\/span><\/td>\nIIM Act, Govt of India<\/span><\/td>\n<\/tr>\n
KJ Somaiya<\/span><\/td>\nPrivate<\/span><\/td>\nAICTE, NBA, AACSB (Candidate)<\/span><\/td>\n<\/tr>\n
JBIMS<\/span><\/td>\nGovt<\/span><\/td>\nAICTE, DTE Maharashtra<\/span><\/td>\n<\/tr>\n
PUMBA<\/span><\/td>\nGovt<\/span><\/td>\nAICTE, NAAC A+ (University)<\/span><\/td>\n<\/tr>\n
MIT-WPU<\/span><\/td>\nPrivate<\/span><\/td>\nUGC, AICTE<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0Location and Campus Size<\/b><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n
College Name<\/b><\/td>\nCity<\/b><\/td>\nCampus Size (Acres)<\/b><\/td>\n<\/tr>\n
SPJIMR<\/span><\/td>\nMumbai<\/span><\/td>\n45 Acres<\/span><\/td>\n<\/tr>\n
SIBM Pune<\/span><\/td>\nPune<\/span><\/td>\n300 Acres (Lavale)<\/span><\/td>\n<\/tr>\n
NMIMS Mumbai<\/span><\/td>\nMumbai<\/span><\/td>\n8 Acres (Urban)<\/span><\/td>\n<\/tr>\n
IIM Nagpur<\/span><\/td>\nNagpur<\/span><\/td>\n132 Acres<\/span><\/td>\n<\/tr>\n
KJ Somaiya<\/span><\/td>\nMumbai<\/span><\/td>\n65 Acres<\/span><\/td>\n<\/tr>\n
JBIMS<\/span><\/td>\nMumbai<\/span><\/td>\nUrban (South Mumbai)<\/span><\/td>\n<\/tr>\n
PUMBA<\/span><\/td>\nPune<\/span><\/td>\n414 Acres (Univ. Campus)<\/span><\/td>\n<\/tr>\n
MIT-WPU<\/span><\/td>\nPune<\/span><\/td>\n100+ Acres<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Cutoff Percentiles (2026\u20132027 Admission Cycle)<\/b><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n
College Name<\/b><\/td>\nExam<\/b><\/td>\nCutoff (General Category)<\/b><\/td>\n<\/tr>\n
SPJIMR<\/span><\/td>\nCAT\/GMAT<\/span><\/td>\n85\u201392 CAT (Profile-Based)<\/span><\/td>\n<\/tr>\n
SIBM Pune<\/span><\/td>\nSNAP<\/span><\/td>\n97+ percentile<\/span><\/td>\n<\/tr>\n
NMIMS Mumbai<\/span><\/td>\nNMAT<\/span><\/td>\n235\u2013245 Score<\/span><\/td>\n<\/tr>\n
IIM Nagpur<\/span><\/td>\nCAT<\/span><\/td>\n90+ percentile<\/span><\/td>\n<\/tr>\n
KJ Somaiya<\/span><\/td>\nCAT\/XAT\/CMAT<\/span><\/td>\n85\u201390 percentile<\/span><\/td>\n<\/tr>\n
JBIMS<\/span><\/td>\nMAH CET<\/span><\/td>\n99.9 percentile<\/span><\/td>\n<\/tr>\n
PUMBA<\/span><\/td>\nMAH CET<\/span><\/td>\n96+ percentile<\/span><\/td>\n<\/tr>\n
MIT-WPU<\/span><\/td>\nMAH CET<\/span><\/td>\n80+ percentile<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Conclusion<\/b><\/h2>\n

Maharashtra boasts a diverse ecosystem of MBA colleges from state-sponsored IIMs and JBIMS to high-end private B-schools such as SPJIMR and SIBM. Based on your score, affordability, and professional aspirations, you can find great choices in and around Mumbai, Pune, and Nagpur.<\/span><\/p>\n

FAQs<\/b><\/h2>\n

Which is the best MBA college in Maharashtra?<\/b><\/p>\n

The best government MBA school in Maharashtra is the Indian Institute of Management (IIM) Nagpur, while the top private\/autonomous institutions are SPJIMR Mumbai, NMIMS Mumbai, and JBIMS Mumbai.<\/span><\/p>\n

What entrance exams are accepted by MBA colleges in Maharashtra?<\/b><\/p>\n

The majority of Maharashtra’s best MBA schools accept the MAH MBA CET, CAT, XAT, NMAT, and CMAT.<\/span><\/p>\n

    \n
  • CAT at IIM Nagpur<\/span><\/li>\n
  • NMAT \u2013 NMIMS<\/span><\/li>\n
  • PUMBA-MAH MBA CET, SIMSREE, JBIMS<\/span><\/li>\n
  • CAT, XAT, and GMAT SPJIMR<\/span><\/li>\n<\/ul>\n

    Is MAH MBA CET enough for admission to top MBA colleges?<\/b><\/p>\n

    Yes, JBIMS, SIMSREE, PUMBA, and more than 300 B-schools throughout Maharashtra accept the MAH MBA CET. You can gain admission to prestigious state-run universities with high ROI by scoring highly.<\/span><\/p>\n

    \u00a0What are the average placement packages at top MBA colleges in Maharashtra?<\/b><\/p>\n

      \n
    • IIM Nagpur: \u20b964 LPA (highest), \u20b916.7 LPA (average)<\/span><\/li>\n
    • SPJIMR Mumbai: \u20b933 LPA (average)<\/span><\/li>\n
    • The average LPA at NMIMS Mumbai is \u20b914.2.<\/span><\/li>\n
    • JBIMS Mumbai: \u20b927.6 LPA (average)<\/span><\/li>\n
    • PUMBA\/SIMSREE: \u20b96\u201310 LPA (average)<\/span><\/li>\n<\/ul>\n

      Which MBA colleges in Maharashtra offer the best ROI?<\/b><\/p>\n

      The best return on investment (ROI) is provided by JBIMS Mumbai, SIMSREE, and PUMBA because of their affordable fees (~\u20b92 Lakh) and comprehensive placement packages.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

      Maharashtra boasts many of India’s best MBA schools, such as IIM Nagpur, JBIMS, SPJIMR, and Symbiosis International. These B-schools have high academic standards, robust industry links, and good placements. \u00a0Top MBA Colleges in Maharashtra \u2013 NIRF 2026 Ranking Rank (NIRF) College Name Location NIRF Score 20 SPJIMR (S.P. Jain Institute) Mumbai 61.92 21 Symbiosis Institute […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[848,1564],"class_list":["post-18850","post","type-post","status-publish","format-standard","hentry","category-top-mba-colleges","tag-top-mba-colleges","tag-top-mba-colleges-in-maharashtra-complete-guide-2026"],"yoast_head":"\nTop MBA Colleges in Maharashtra \u2013 Complete Guide (2026) - Career Mantra<\/title>\n<meta name=\"description\" content=\"Top MBA Colleges in Maharashtra boasts many of India's best MBA schools, such as IIM Nagpur, JBIMS, SPJIMR, and Symbiosis International.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/careermantra.net\/blog\/top-mba-colleges-in-maharashtra-complete\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top MBA Colleges in Maharashtra \u2013 Complete Guide (2026) - 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