Top MBA Colleges in Maharashtra 2022

Maharashtra is the state of India which has good population dominations. Thus, the scope of education and other important things also gets increased due to population domination in a particular state. The state also includes Pune within the district with the title of “the centre of learning”. Apart from Pune, many other districts offer a good platform for education including Nagpur, Mumbai, etc. It is one of India’s leading MBA destinations as it is the first choice for most corporates and other industries like entertainment/media houses and financial companies. It is also the hub of education in management, technology and allied sectors.

MBA is one of the most popular post-graduate programmes in Maharashtra. The two-year programme is the gateway to a plethora of job opportunities in the corporate world. MBA colleges in Maharashtra offer quality education with high placements.

Top MBA Colleges in Maharashtra Highlights

ParametersStatistics/ Particulars
Number of MBA colleges in MaharashtraApproximately 15
Fees

Annual fee:

Rs. 1-5 lakh- 16%

Rs. 5-10 lakh- 42%

Rs. 10-15 lakh- 26%

Rs. >15 lakh- 16%

Top SpecialisationsFinance, Operations, Sales & Marketing, Human Resources, IT & Systems, Business Analytics, Agriculture & Food Business, Business Economics, Industrial Engineering, International Business, Supply Chain
Admission ProcessEntrance Based
Number of IIMs and IITs1 IIM

MBA Colleges in Maharashtra Eligibility Criteria

The eligibility criteria for MBA may differ from college to college. However, the basic eligibility criteria to pursue MBA is as follows:

  • Candidates must have passed graduation in any discipline or equivalent from a recognised university as the basic eligibility criteria for MBA (full-time).

  • Most of the institutes follow the minimum score criteria in graduation which is 50 per cent on average or equivalent. Some of the colleges also offer five per cent relaxation to the students from reserved categories.

  • Final-year graduation candidates are also eligible to apply for MBA, provided they present the proof of completion of graduation degree within the duration specified by the institute.

MBA Colleges in Maharashtra with NIRF Ranking

Although there are plenty of MBA colleges in Maharashtra, there are a few top ones that have been listed by NIRF. Following is the list of top 10 MBA colleges in Maharashtra ranked by NIRF and as per Shiksha Rating:

College Name

NIRF’20 Ranking

Shiksha Rating 

SJMSOM IIT Bombay, Mumbai

11

4.6

NITIE, Mumbai

12

4.6

SPJIMR, Mumbai

18

4.2

Symbiosis Institute of Business Management (SIBM), Pune

22

4.4

NMIMS School of Business Management, Mumbai

24

4.2

Indian Institute of Management (IIM), Nagpur

40

4.3

KJ Somaiya Institute of Management, Mumbai

56

4.2

Institute of Management Technology (IMT), Nagpur

60

4.1

Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth, Pune

63

4.2

Welingkar Institute of Management (WeSchool), Mumbai

68

4

9

NIRF ' 22

National Institute of Industrial Engineering

4.6
4.6/5

Fees: ₹ 11.33 Lakh | Salary : ₹ 19.50 Lakh

11

NIRF ' 22

Shailesh J. Mehta School of Management, IIT Bombay

4.6
4.6/5

Fees: ₹ 8.27 Lakh | Salary : ₹ 22.00 Lakh

17

NIRF ' 22

Symbiosis Institute of Business Management, Symbiosis International, Pune

4.4
4.4/5

Fees: ₹ 21.32 Lakh | Salary : ₹ 18.00 Lakh

21

NIRF ' 22

SPJIMR - S.P. Jain Institute of Management and Research

4.3
4.3/5

Fees: ₹ 20.42 Lakh | Salary : ₹ 30.10 Lakh

25

NIRF ' 22

NMIMS School of Business Management, Mumbai

4.2
4.2/5

Fees: ₹ 23.90 Lakh | Salary : ₹ 16.00 Lakh

43

NIRF ' 22

Indian Institute of Management, Nagpur

4.3
4.3/5

Fees: ₹ 17.70 Lakh | Salary : ₹ 13.00 Lakh

68

NIRF ' 22

Welingkar Institute of Management

4.0
4/5

Fees: ₹ 13.00 Lakh | Salary : ₹ 9.00 Lakh

71

NIRF ' 22

K J Somaiya Institute of Management

4.1
4.1/5

Fees: ₹ 14.82 Lakh | Salary : ₹ 9.05 Lakh

101-125

NIRF ' 22

Amity University, Mumbai

4.0
4/5

Fees: ₹ 10.15 Lakh | Salary : ₹ 5.50 Lakh

95

NIRF ' 22

IMT Nagpur - Institute of Management Technology

4.1
4.1/5

Fees: ₹ 12.04 Lakh | Salary : ₹ 8.04 Lakh

101-125

NIRF ' 22

Amity University, Mumbai

4.3
4.2/5

Fees: ₹ 10.15 Lakh | Salary : ₹ 5.50 Lakh