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Maharashtra is a great option for every student who wishes to pursue a management course for higher education. There are some of the top MBA colleges in Maharashtra where one can choose to study. It has more than 10+ top MBA colleges, including privately owned and publicly/government colleges. All these colleges provide MBAs as full-time courses.
To get into any of these colleges, one must clear an MBA entrance exam such as CAT, XAT, MH CET or any other. Based on the scorecard, one will get to decide on the desired college. To learn more about the top MBA colleges in Maharashtra, we have compiled a blog which will provide you with all the information.
Table of Contents
- 1 Top MBA Colleges in Maharashtra based on NIRF Ranking
- 2 Top MBA Colleges in Maharashtra through MH CET 2024
- 3 Top MBA Colleges in Maharashtra through CET 2024
- 4 Top MBA Colleges in Maharashtra offering Low Fees
- 5 Top MBA Colleges in Maharashtra: Eligibility Criteria
- 6 ROI of Top MBA Colleges in Maharashtra
- 7 Why Study MBA in Maharashtra?
- 8 FAQs
Top MBA Colleges in Maharashtra based on NIRF Ranking
There are several top MBA colleges in Maharashtra from where students who want to pursue their higher education can complete and get placed in some of the reputed companies. However, the only way to do this is to clear an entrance exam which is a gateway to entering the college of your choice. Accordingly, we have compiled a list of some of the top MBA colleges in Maharashtra along with their NIRF ranking and average fees.
| College Name | NIRF 2023 | Average MBA Fees (In Lakhs) |
| Indian Institute of Management, Nagpur | 43 | INR 18.9 Lakhs |
| K.J. Somaiya Institute of Management | 45 | INR 4.2 Lakhs – 16.6 Lakhs |
| Symbiosis Institute of Business Management | 17 | INR 6 Lakhs |
| Indian Institute of Technology, Bombay | 10 | INR 8 Lakhs |
| IIM Mumbai (formerly known as NITIE) | 7 | INR 21 Lakhs |
| Principal L N Welingkar Institute of Management Development and Research | 73 | INR 6 Lakhs |
| SVKM`s Narsee Monjee Institute of Management Studies | 21 | INR 11.95 Lakhs |
| S. P. Jain Institute of Management & Research | 20 | INR 9.5 Lakhs |
Top Private MBA Colleges in Maharashtra 2024
Here is a list of top private MBA colleges in Maharashtra from where you can complete your higher education.
| Name of College | Entrance Exam Accepted | Fees (In Lakhs) |
| S. P. Jain Institute of Management & Research | CAT | INR 20 Lakhs |
| Symbiosis Institute of Business Management | SNAP | INR 22 Lakhs |
| Principal L N Welingkar Institute of Management Development and Research | XAT, CAT, ATMA, CMAT | INR 14 Lakhs |
| SVKM`s Narsee Monjee Institute of Management Studies | NMAT | INR 12 Lakhs |
Also Read: Top MBA Colleges in India
Best Public MBA Colleges in Maharashtra
With growing competition, getting admission to a public college can be quite tough. If you are one of those who has a great score in CAT then these are the colleges for you.
| College Name | Entrance Exams Accepted | Average MBA Fees (In Lakhs) |
| Indian Institute of Management, Nagpur | CAT | INR 19 Lakhs |
| IIM Mumbai (formerly known as NITIE) | CAT | INR 6 Lakhs |
Top MBA Colleges in Maharashtra through MH CET 2024
Below is a list of colleges in Maharashtra that provide MBA courses through the MH CET exam.
| Name of College | Entrance Exams Accepted | Average MBA Fees (In Lakhs) |
| SIBM Pune MBA | SNAP | INR 6 Lakhs |
| Symbiosis Centre for Management and Human Resource Development | SNAP | INR 5 Lakhs |
| ITM Business School | CAT, XAT, MAT, ATMA, CMAT, or any other state CET entrance tests | INR 11.9 Lakhs |
| KJ Somaiya Institute of Management | XAT, CAT, GMAT, CMAT, NMAT | INR 11.5 Lakhs |
Top MBA Colleges in Maharashtra through CET 2024
If you have already taken the CET exam, here are some best MBA colleges in Maharashtra from which you can pursue your education.
| Name of College | Entrance Exams Accepted | Average MBA Fees (In Lakhs) |
| JBIMS | CMAT, CET, MAHCET | INR 6 Lakhs |
| MET Institute of Management | CMAT, XAT, Feline, ATMA, GMAT, MAT, MH-CET | INR 11.05 Lakhs |
| Pune Institute of Business Management | CAT, XAT, MAT, CMAT, MH-CET, PMAT | INR 8 Lakhs |
| K J Somaiya Institute of Management | CAT, XAT, CMAT, GMAT, or NMAT | INR 20.87 Lakhs |
Top MBA Colleges in Maharashtra offering Low Fees
You can now study MBA in Maharashtra with low fees. Here is a list of top MBA colleges in Maharashtra which provide this degree.
| Name of College | Entrance Exams Accepted | Average MBA Fees (In Lakhs) |
| Amity University | JEE Main, CAT, CUET etc. | INR 7.14 Lakhs |
| Symbiosis Institute of Business Management | SNAP | INR 20.50 Lakhs |
| MET Institute of Management | CMAT/ XAT/ CAT/ ATMA/ GMAT/ MAT/ MH-CET entrance exam | INR 11.05 Lakhs |
| IIM Nagpur | CAT | INR 18 Lakhs |
Top MBA Colleges in Maharashtra: Eligibility Criteria
To enter some of the top MBA colleges in Maharashtra, it is a must that all candidates check the eligibility criteria through which they can apply and get admission. Although the eligibility criteria might vary from college to college. There are some basic criteria which are the same for all the colleges.
- Candidate must hold a proper bachelor’s degree or a minimum of three years in any discipline from a recognized university.
- Candidates must have scored at least 50 per cent marks, while students from reserved categories can get 45 per cent.
- Other than this, one must have a proper scorecard from either of these entrance exams, MAT, CAT or XAT. Based on this, the candidate will be given admission to an MBA college.
Check Out These Blogs!
| How to Crack CAT in First Attempt? | Is CAT Easier Than CMAT? |
| XAT Score vs Percentile 2024 | How to Prepare For MAT |
ROI of Top MBA Colleges in Maharashtra
Return on investment, or ROI is the amount of money that students will get after completing their MBA course from getting placed. Here is a list of some of the top MBA colleges in Maharashtra which have the best ROI.
| College Name | Tuition Fees (In Lakhs) | Average Placement Package (In Lakhs) |
| IIM Mumbai (formerly known as NITIE) | INR 6 Lakhs | INR 22 Lakhs |
| S. P. Jain Institute of Management & Research | INR 20 Lakhs | INR 33 Lakhs |
| Symbiosis Institute of Business Management | INR 22 Lakhs | INR 24 Lakhs |
| IIM Nagpur | INR 19 Lakhs | INR 17 Lakhs |
Why Study MBA in Maharashtra?
Maharashtra is another great option for one to study MBA. There are several reasons why you should study MBA in Maharashtra.
Great Infrastructure
Many top MBA colleges in Maharashtra are also known for their sprawling campuses which span across hundreds of acres of land. It is known that well-designed colleges are known to provide a global education experience. For example: a well-designed seminar hall will be able to hold competitions, debates and quizzes.
Skill Development
When studying this course, the student needs to have certain skills to reach a top position in their organisation. Similarly, there are top MBA colleges in Maharashtra which offer courses that aid in the same.
Networking
When pursuing this course, the student needs to network with various people which will help them build their confidence and connections and eventually help in the long run.
Related Reads
| 1 Year MBA in India | Different MBA Streams |
| MBA for Working Professionals | MBA in Delhi University |
| MBA After BSc | Doing A PhD After an MBA |
FAQs
The basic fees for the MBA program in Maharashtra start from INR 6 lakhs onwards.
The MBA program in India can go on to anywhere around INR 20 Lakhs depending upon the college the student wishes to study in.
Yes, MBA is a great choice for all the students who wish to study and go to a higher position.
This was all about the top MBA colleges in Maharashtra and their rankings. Hopefully, you have found the information you were looking for. Stay tuned for more such informative reads on the Indian university page of Leverage Edu.