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Best MBA Colleges Pune 2024

Best MBA Colleges in Pune: Ranking, Fees, Placement Stats, and Courses Offered

Vaishali Pandey
Updated On:
Apr 17, 2025

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Pune, renowned for its academic excellence, is home to numerous top-ranked MBA colleges offering various specialisations. With more than 240 MBA colleges, Pune is a hotspot for aspiring business leaders, with institutions like Symbiosis Institute of Business Management (SIBM), Pune University Management Department (PUMBA), and the Pune Institute of Business Management providing quality education and excellent career prospects.

In this article, we delve into the key details of MBA colleges in Pune, including the top institutions, available specialisations, fee structures, and admission processes. 

By the end, you will gain:

1. A comprehensive list of top MBA colleges in Pune, including their NIRF rankings and fee structures.

2. Insight into different MBA specialisations and their relevance in today’s business landscape.

3. Knowledge about the entrance exams, admission processes, and career prospects after completing an MBA in Pune.

MBA Colleges in Pune: Highlights

Here’s a quick overview of essential details about MBA colleges in Pune:

Parameters Details
MBA Full Form Master of Business Administration
Course Level Post-Graduate
Types of MBA Full-Time
Part-Time
Online
Executive
Total Number of MBA Colleges in Pune 240+
Top MBA Colleges in Pune
MBA Specialisations
MBA Entrance Exams
  • CAT
  • MAH-CET
  • CMAT
  • SNAP
Average MBA Fee INR 50,000 - 30 lakhs
Average Salary in Pune INR 5 - 7 LPA
Top Recruiters
  • Accenture
  • Pidilite
  • Abinbev RB
  • Flipkart
  • SBI General Insurance Company
  • Magma HDI
  • Accenture Tech

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MBA Colleges in Pune with NIRF Ranking

Here is a list of top MBA colleges in Pune, their fee structure, and their rankings as per the NIRF:

College Name Total Fee NIRF
Symbiosis Institute of Management INR 17.2 - 24.2 lakhs 17
National Institute of Bank Management INR 13.72 lakhs 76
Institute of Management and Entrepreneurship Development INR 5 lakhs 102
National Insurance Academy INR 14.5 lakhs 114
Pune Institute of Business Management INR 7.95 lakhs 117

Top MBA Colleges in Pune with Fees

Here is a list of top MBA colleges in Pune, detailing their fee structures and the number of seats available for prospective students:

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Top 10 Private MBA Colleges in Pune with Fees

Here is a list of the top 10 private MBA colleges in Pune, highlighting their seat availability, fee structure, and the entrance exams required for admission:

College Name Number of Seats Total Fee Entrance Exam
Symbiosis Institute of Business Management, Pune 280 INR 24 lakhs SNAP
Pune Institute of Bank Management 660 INR 9 - 20 lakhs CAT
XAT
CMAT
MAT
ATMA
PMAT
Balaji Institute of Modern Management 360 INR 13 lakhs CAT
MIT Word Pease University 1230 INR 9 - 14 lakhs CAT
XAT
NMAT
GMAT
MAH CET
MAT
Institute of Management and Entrepreneurship Development 240 INR 5 lakhs BMAT
Ramachandran International Institute of Management-Arihant Group of Institutes 180 INR 6.48 lakhs CAT
XAT
CMAT
MAH CET
ATMA
National Institute of Bank Management 132 INR 13.72 lakhs CAT
XAT
CMAT
GMAT
Symbiosis Centre for Management and Human Resource Development 180 INR 24.20 lakhs SNAP
International Institute of Management Studies, Pune 240 INR 5 lakhs CAT
XAT
MAT
CMAT
ATMA
MAH CET
Symbiosis Institute of International Business 210 INR 12-18 lakhs SNAP

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Top Government MBA Colleges in Pune

Pune is home to several reputed government MBA colleges offering education at an affordable fee. Below is a detailed list of the top government MBA colleges in Pune, including the number of seats and total fees:

College Name Number of Seats Total Fee
PUMBA 240 INR 1 - 2 lakhs
Savitribai Phule Pune University 10,594 INR 1 lakhs
College of Engineering, Pune 30 INR 3 lakhs
National Institute of Construction Management and Research 720 INR 8.15 lakhs
Vaikunth Mehta National Institute of Cooperative Management 120 INR 3.52 lakhs
Mahatma Phule Krishi Vidyapeeth 30 INR 60,000
Mulshi Institute of Business Management 120 INR 4.5 lakhs
Tilak Maharashtra Vidyapeeth 60 INR 85,000

Distance MBA Colleges in Pune

Several renowned institutes offer programs at varied fee structures for students looking to pursue a Distance MBA in Pune. 

Below is a list of top Distance MBA colleges in Pune, along with their fees:

College Name Total Fee
Symbiosis Centre for Distance Learning INR 50,000
Neville Wadia Institute of Management Studies and Research INR 4 lakhs
MIT School of Distance Education INR 65,000 - INR 9 lakhs
MIT School of Distance Education, Shivaji Nagar INR 44,000
Institute of Sports Science and Technology INR 49,000

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Part-Time MBA Colleges in Pune

Here’s a list of part-time MBA colleges in Pune, along with their fee structures, offering flexibility for working professionals looking to enhance their skills:

College Name Total Fee
NMIMS School of Business Management INR 16 lakhs
National School of Construction Management and Research INR 2.75 lakhs
SNDT Women’s University INR 1 lakh
KJ Somaiya Institute of Management INR 4.2 lakhs
MET Institute of Management INR 2.25 lakhs
Thakur Institute of Management Studies & Research INR 1.88 - 10.5 lakhs
Universal Business School INR 2.5 - 4.5 lakhs
Oasis College of Science and Management INR 1.5 - 2.5 lakhs
Poona Institute of Management Sciences and Entrepreneurship INR 1.6 - 2.1 lakhs
Symbiosis Institute of Business Management INR 21.50 lakhs
Department of Management Sciences, University of Pune INR 1.29 - 1.52 lakhs
Kirloskar Institute of Advanced Management studies INR 12.50 lakhs

Not sure which MBA to choose? Read this guide on 8 types of MBA programs in 2024 to discover top colleges and tuition fees.

Diploma MBA Colleges in Pune

Here is a detailed list of the top Diploma MBA colleges in Pune, along with seat availability and fee structures:

College Name Number of Seats Total Fee
National Institute of Bank Management 132 INR 14 lakhs
Pune Institute of Business Management 240 INR 3 - 9 lakhs
International School of Business and Media 90 INR 12 lakhs
Vaikunth Mehta National Institute of Cooperative Management 120 INR 50,000 - 6 lakhs
Neville Wadia Institute of Management Studies and Research 180 INR 4 lakhs

MBA Colleges in Pune: Specialised Courses with Fees

Below is a list of institutions, their specialised MBA programs, and the corresponding fee structures:

College Name MBA Course Offered Total Fee
SIBM, Pune MBA in Innovation and Entrepreneurship INR 24 lakhs
National Institute of Bank Management PGDM in Banking and Financial Services INR 14 lakhs
PIBM, Pune MBA in FinTech
MBA in Project Management
INR 9 - 30 lakhs
IMED MBA in Human Resource Management INR 5 lakhs

Thinking about how to finance your MBA? Explore this guide to learn everything you need to know about funding your MBA course.

Top MBA Colleges in Pune with Good Placements

Below is a list of colleges, their placement details, and the top recruiters associated with them:

College Name Package Total Fee Top Recruiters
Symbiosis Institute of Business Management INR 24 LPA INR 24 lakhs
  • Accenture
  • Pidilite
  • Abinbev RB
  • Flipkart
National Institute of Bank Management INR 11 LPA INR 14 lakhs
  • SBI General Insurance Company
  • Magma HDI
  • Accenture Tech
Pune Institute of Business Management INR 7 LPA INR 9 - 30 lakhs
  • Yes Bank, ICICI
  • L'oreal, Amazon
  • Crisil, Cians Analytics
  • Reliance, etc.
Institute of Management and Entrepreneurship Development INR 6 LPA INR 5 lakhs
  • TATA
  • TCS
  • Mahindra
  • YES Bank
  • Atlas Copco

MBA Colleges in Pune: Return on Investment

ROI helps determine how beneficial an MBA course is at a college by comparing your salary to the fees you pay. The Institute of Management Development and Research (IMDR) in Pune ranks first for ROI.

The table below compares the fees, salary packages, and ROI rankings of top MBA colleges in Mysore.

College Name Average Annual Fee Average Placement Return on Investment
Institute of Management and Entrepreneurship Development INR 2.25 lakhs INR 7.5 LPA 1
Symbiosis Institute of Business Management INR 13.49 lakhs INR 23.06 LPA 2
Pune Institute of Business Management INR 3.97 lakhs INR 6 LPA 3
International Institute of Management Studies INR 4.5 lakhs INR 5.5 LPA 4
Symbiosis Centre for Management and Human Resource Development, Pune INR 11.05 lakhs INR 6.5 LPA 5

MBA Colleges in Pune with Low Fee

For students seeking budget-friendly options, Pune offers several MBA colleges with affordable fee structures. Below is a list of such colleges, along with their fees:

College Name Total Fee Number of Seats
Indira Institute of Management INR 30,000 300
Bharathi Vidyapeeth Deemed University INR 2.25 lakhs 45-240
MES’s Institute of Management & Career Courses INR 50,000 180
IndSearch Institute of Management Studies and Research INR 1.18 lakhs 150
MIMA Institute of Management INR 3.7 lakhs 180
Symbiosis Center for Health Care INR 40,000 60
Synergy Group of Institute INR 35,000 120
Dhole Patil College of Engineering INR 61,000 45

Top MBA Colleges in Maharashtra 

Here is a list of top MBA colleges in Maharashtra and their total fees.

Top MBA Colleges in Pune with CET Cut-Off

For those applying through the CET exam, the table below highlights the top MBA colleges in Pune with their respective CET cut-off ranks:

College Name MBA CET Cut-Off (All India Closing Rank)
Aditya Institute of Management 20806 - 24889
Abhinav Education Society’s Institute of Management and Research 22179
Akemi Business School 45397
Chetan Dattaji Gaukwad Institute of Management Studies 43841
Pune University Management Business Administration 300-400
Dnyanagar Institute of Management and Research 40121
Dr. DY Patil Institute of Management and Entrepreneurship Development 34828
Indian Institute of Cost and Management Studies and Research 29106
Indira Global Business School 3023
Institute of Management Education Research and Training 22363
International School of Management and Research 44575
Lotus Business School 44973

Check out this guide on entrance Exams for MBA in India 2024-25. Know the important dates, fees, and eligibility requirements.

MBA Colleges in Pune Accepting MAT Score

Here is a list of MBA colleges in Pune that accept MAT scores for admission.

MBA Colleges in Pune Accepting CMAT Score

Below is a list of MBA colleges in Pune that consider CMAT scores for their admission process.

Top MBA Colleges in Pune Without Entrance Exam

Pune offers a range of MBA colleges for students interested in direct admission. Here’s a list of top colleges for direct admission and their fee details:

College Name Total Fee
Pimpri Chinchwad College of Engineering INR 5 lakhs
Sinhgad Business School INR 2.5 lakhs
Sadhu Vaswani Institute of Management Studies for Girls INR 2.2 lakhs
Sinhgad Institute of Management and Computer Application INR 2.3 lakhs
National Insurance Academy INR 11 lakhs
Maharashtra Institute of Management INR 1.6 lakhs
Modern Institute of Business Management INR 1.2 - 1.4 lakhs
Raja Shree Shivraya Pratishtan’s Institute of Management and Computer Studies INR 1.4 lakhs
Padmashree Dr DY Patil Business School INR 11.49 - 16.8 lakhs
JSPM Narhe Technical Campus INR 1.8 lakhs

MBA Colleges in Pune Offering Scholarship

Here is a comprehensive list of MBA colleges in Pune that offer scholarships to support students in pursuing their management education.

College Name Name of Scholarships
Symbiosis Institute of Business Management, Pune
  • Merit-based PG Scholarship
  • Jayatee Deshmukh PG Scholarship for Girl Student
  • Malhotra Weikfield Foundation Scholarship for MBA-IB
  • Alumni Scholarship for first rank in MBA-IB
  • Alumni Scholarship for second rank in MBA-IB
  • Lila Poonawala Scholarships
  • PG MBA Scholarship for IIT Graduates
National Institute of Bank Management, Pune
  • Merit cum Means Based Scholarship
  • Aditya Birla Scholarship
Pune Institute of Business Management
  • Merit-cum-Means Scholarship for Professionals and Technical courses
  • Post-Matric Scholarships Scheme for Minorities
  • NEC Merit Scholarship
  • Central Sector Scheme of Scholarship
International Institute of Management Studies
  • Scholarship for the wards of Armed Forces and Ex-Serviceman
  • Merit-based scholarship

MBA Specialisation Offered by MBA Colleges in Pune

MBA Specialisation Offered by MBA Colleges in Pune

Below is a breakdown of MBA specialisations offered and the number of colleges offering each specialisation in Pune:

MBA Colleges in Pune with Specialisation Number of Colleges
MBA in Sales & Marketing 136
MBA in Finance 134
MBA in Human Resources 127
MBA in Operations 91
MBA in Supply Chain 78

Are you not sure which MBA specialisation will be best in the future? Explore our guide to find the right fit for your career goals.

MBA Colleges in Pune: Eligibility Criteria

Eligibility criteria for MBA programs may vary across institutions. However, the general requirements for MBA colleges in Pune are as follows:

1. Educational Qualification

Candidates must have graduated from a recognised university in any discipline or its equivalent.

2. Minimum Marks 

Most Pune colleges require a minimum of 50% aggregate marks in graduation. For candidates from reserved categories, the minimum requirement is 45%.

3. Entrance Exams 

Applicants can qualify for admission by appearing for entrance exams such as MAH CET, CAT, CMAT, and others.

MBA Colleges in Pune: Admission Process

MBA Colleges in Pune: Admission Process

The admission process for MBA colleges in Pune typically includes the following steps:

1. Academic Eligibility 

Candidates must have at least three years of bachelor’s degree with at least 50% marks in any discipline from a recognised institution.

2. Entrance Exam 

Applicants need to appear for an acceptable MBA entrance exam and apply to their preferred institute. 

3. Shortlisting 

Candidates are shortlisted based on their entrance exam scores, academic performance, and work experience (if applicable).

4. GD-PI Round 

Shortlisted candidates are invited to participate in Group Discussion and Personal Interview rounds.

5. DTE CAP Process 

For institutes like PUMBA and others participating in the DTE CAP, candidates must register and apply for the CAP round, through which seat allotment is conducted.

6. Final Admission

Upon receiving the final admission offer, candidates must pay the acceptance or admission fees by the specified deadline.

MBA Colleges in Pune: Top Entrance Exam

Here’s a list of major MBA entrance exams, their full forms, and the respective exam dates:

Entrance Exam Full Form Exam Date
XAT Xavier Aptitude Test January 05, 2025
CAT Common Admission Test Fourth Week of November 2025
MAT Management Aptitude Test Third Week of February 2025
CMAT Common Management Admission Test January 25, 2025
NMAT NMIMS Management Aptitude Test October 2025 - December 2025
SNAP Symbiosis National Aptitude Test December 2025

Pune has many MBA programs that suit different interests and career goals. Several colleges offer specialised courses in finance, marketing, human resources, and business analytics so students can choose the one that fits their dreams. When looking at MBA colleges in Pune, it's essential to consider the course structure, fees, rankings, and placement support to make the best decision.

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FAQs for MBA Colleges in Pune

1. Which MBA College in Pune has the best placement?

Some of the top MBA colleges in Pune with excellent placement records include SIBM, which offers an impressive salary of ₹17.48 LPA, and MITCON, which has a salary package of ₹14 LPA. Other notable colleges are RIIM, offering a salary of ₹6.95 LPA, and Genesis Business School, which provides a package of ₹7 LPA. These colleges are well-regarded for their placement support and industry connections, ensuring students have ample career opportunities upon graduation.

2. Which MBA college in Pune is best without CAT?

Several reputable MBA colleges in Pune offer admissions without the CAT exam. The best options include the Maharashtra Institute of Technology, AIMS Institute of Management Studies, Amity Global Business School, DY Patil School of Management, Balaji Institute of Modern Management, and International Institute of Management Studies. 

3. Is Pune University good for an MBA?

Yes, Pune University is considered one of the top choices for MBA aspirants. The university offers 100% placement support to its MBA graduates, ensuring they can access excellent career opportunities. Its comprehensive curriculum and industry connections make it one of Pune's most sought-after institutions for MBA programs.

4. What is the salary package for an MBA in Pune?

The average salary for MBA graduates in Pune is around ₹6,10,000 per year, with a total pay package that can go up to ₹6,59,966 annually. The salary range varies based on the industry, specialisation, and experience, but the figures represent the median of the data collected from professionals in the Pune area. These numbers reflect the growing demand for MBA professionals in the region.

5. What is the CAT Score for PUMBA Pune?

To secure admission into PUMBA (Pune University MBA), candidates generally need to achieve a CAT score of at least 85 percentile. This score ensures eligibility for the institute's selection process, which includes further rounds of group discussions and personal interviews.

6. Which is better for an MBA: Bangalore or Pune?

Bangalore is generally regarded as a better city for pursuing an MBA, mainly because it houses some of the top-ranked colleges in India and offers a thriving tech industry with excellent job prospects. It has a higher concentration of multinational companies, startups, and business hubs, providing MBA students better exposure and networking opportunities. While Pune also offers strong MBA programs, Bangalore is often preferred for its industry and career growth potential.

7. What is a low salary for an MBA?

In Pune, the salary for MBA graduates can vary significantly depending on the industry and job profile. On average, MBA professionals in Pune earn around ₹20.1 lakhs per year, with most salaries ranging between ₹15.0 lakhs and ₹49.2 lakhs annually. However, the top 10% of employees earn more than ₹28.0 lakhs per year. As such, any salary below ₹15 lakhs per year may be considered on the lower end for MBA graduates in Pune.

8. What is the salary of an MBA fresher in Pune?

For an MBA fresher in Pune, the average salary is ₹2,75,832 annually, which translates to ₹22,986 per month. This figure can vary depending on the industry and specific role, but fresher salaries typically range from ₹5,304 per week to ₹128.23 per hour as of December 2024. 

9. Is CAT compulsory for an MBA?

While CAT is one of the most widely accepted entrance exams for MBA programs in India, it is not mandatory for all MBA colleges. Many institutions offer admissions without requiring CAT scores, accepting other entrance exams, or even direct admissions based on academic performance, work experience, and other criteria.

10. Can we do an MBA at a low cost?

Yes, pursuing an MBA at a low cost is possible, especially through government-funded colleges and universities. These institutions offer quality education at a more affordable price compared to private MBA colleges. Government-run colleges are an excellent choice for students looking for a more budget-friendly option while still receiving a well-rounded education.

11. Can I join an MBA directly?

Yes, many MBA colleges in Pune offer direct admission for eligible candidates, particularly for those who may not have scored well in entrance exams. The eligibility criteria and admission process vary by college, but typically, candidates must register on the college's official website, submit necessary documents, and pay the required fees. Some colleges also offer low-fee MBA programs through direct admission.

12. Which are the top colleges offering direct admission for MBA in Pune?

Several colleges in Pune offer direct admission for MBA programs, such as Pimpri Chinchwad College of Engineering, Padmashee Dr. D.Y. Patil, Singhad Business School, and Sadhu Vaswani Institute of Management Studies for Girls. 

13. Which are the top Pharma MBA Colleges in Pune?

Here are some of the top colleges in Pune offering MBA programs in Pharma, along with their fee structures:

  1. Suryadatta Institute of Management and Mass Communication – ₹6 lakhs
  2. MIMA Institute of Management – ₹5.6 lakhs
  3. International School of Management Studies – ₹4-6 lakhs
  4. NG Naralkar Institute of Career Development and Research – ₹2.6 lakhs
  5. Department of Management Sciences (PUMBA) – ₹1.5 lakhs
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