5 mins | Vaishali Pandey

Top MBA Colleges in Aurangabad 2025

MBA Colleges in Aurangabad offer excellent academic programs, industry exposure, and promising career opportunities. Top institutions like Dr. Babasaheb Ambedkar Marathwada University (BAMU), Deogiri Institute of Engineering and Management Studies, and MGM Institute of Management are among the most sought-after choices for MBA aspirants. 

Prospective students must also clear national or state-level entrance exams such as CAT, MAT, or MAH CET. Staying updated on application deadlines and exam dates is crucial for a successful admission.

By the end of this blog, you will know

  • The detailed fee structures of leading MBA programs in Aurangabad.
  • Specific eligibility requirements for each institution.
  • Placement statistics and potential career opportunities post-MBA.

Keep reading to make an informed decision about your MBA journey!

Top MBA Colleges in Aurangabad 2025: Key Highlights

Choosing the right MBA college is crucial for shaping your career. The table below highlights key details such as top colleges, average fees, entrance exams accepted, and placement packages to help you make an informed decision.

Aspect

Details

Best MBA Colleges in Aurangabad

  • MGM Institute of Management and Research 
  • Deogiri Institute of Engineering and Management Studies 
  • Dr. Babasaheb Ambedkar Marathwada University 

Number of MBA Colleges in Aurangabad

20+

Average Annual Fees

INR 1 lakh  - INR 3 lakh

Popular Specialisations

Finance, Human Resources, Sales and Marketing, Operations, Business Analytics, etc.

Accepted Entrance Exams

CAT, XAT, CMAT, ATMA, MAH CET, etc.

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Eligibility Criteria for Top MBA Colleges in Aurangabad 2025

Understanding the eligibility requirements is the first step toward securing admission to top MBA colleges in Aurangabad.

The general eligibility requirements for admission to top MBA colleges in Aurangabad are listed below.

Educational Qualification

A bachelor’s degree in any discipline from a recognised university with a minimum of 50% aggregate marks.

Entrance Exam Requirement

Accepted exams include MAH CET, CAT, MAT, XAT, and CMAT, with cutoffs varying by college.

Work Experience (if applicable)

Some colleges may prefer applicants with prior work experience, though it's not mandatory.

Additional Selection Rounds

Many institutions conduct Group Discussions (GD) and Personal Interviews (PI) as part of the admission process.

Planning to pursue an MBA in 2025? Get the latest updates on eligibility requirements, key deadlines, and expert insights in our comprehensive guide on MBA Admission 2025.

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Admission Process For Top MBA Colleges in Aurangabad 2025

Top MBA Colleges in Aurangabad: Admission Process 2025

The admission process for MBA colleges in Aurangabad involves multiple stages, from meeting eligibility criteria to clearing entrance exams and completing counselling rounds. 

To secure admission to the top MBA colleges in Aurangabad, candidates typically need to follow the steps below.

1. Appear for Entrance Exams

Scores from exams like MAH CET, CAT, CMAT, XAT, or MAT are considered for admission.

2. Participate in Counselling/Selection Rounds

Shortlisted candidates may undergo group discussions (GD), personal interviews (PI), or written ability tests (WAT).

3. Final Merit List and Admission Offer

Colleges release a merit list based on entrance exam scores, academic records, and selection round performance.

4. Fee Payment & Enrollment

Once selected, candidates must pay the admission fees within the given deadline to confirm their seat.

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Entrance Exams Accepted By Top MBA Colleges in Aurangabad 2025

Getting admission into the top MBA colleges in Aurangabad requires clearing specific entrance exams. Most colleges accept scores from national and state-level MBA entrance exams, with some institutes setting specific cutoff scores for selection.

Below is a breakdown of the key entrance exams accepted by leading MBA institutes in Aurangabad.

Entrance Exam Name

Dates

Number of Accepting Colleges

MAH CET 

1, 2 and 3 April, 2025

20

CAT 

30 November, 2025

15

MAT 

9 and 23 March 2025

14

CMAT

25 January, 2025 (Completed)

15

ATMA

23 February, 2025

13

Not sure which MBA entrance exam suits you best? Explore our in-depth guide on MBA Entrance Exams in India: Dates, Fees, and Eligibility to make an informed choice and boost your admission prospects!

Top Private MBA Colleges in Aurangabad 2025

Aurangabad offers quality private MBA colleges with fees ranging from INR 1–3 lakh, combining strong academics with good placement support.

The table below highlights the top MBA colleges in Aurangabad with fee structure.

Private MBA Colleges in Aurangabad

Total Average Tuition Fee

MGM Institute of Management and Research 

INR 3 lakh

Maharashtra Institute of Technology 

INR 2 lakh

Rajarshi Shahu Institute of Management 

INR 2 lakh

Deogiri Institute of Engineering and Management Studies 

INR 1 lakh

Shreeyash College of Engineering and Technology 

INR 1 lakh

 

Looking for more MBA opportunities? Check out our blog on the Best MBA Colleges in India: Rankings, Fees, and Placements to find the right fit for your career growth!

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Top Government MBA Colleges in Aurangabad 2025

Government MBA colleges in Aurangabad typically accept national and state-level entrance exam scores such as MAH CET, CAT, XAT, MAT, and CMAT. They also have lower tuition fees compared to private institutions, making them a cost-effective option for students.

The table below highlights the top government MBA colleges in Aurangabad.

Government Colleges

Total Average Tuition Fee

Dr. Babasaheb Ambedkar Marathwada University 

INR 20,000 – INR 1 lakh

Best MBA Colleges in Aurangabad Based on Location

Knowing the location-wise distribution of MBA colleges can help you make an informed decision based on convenience, accessibility, and proximity to corporate hubs.

Maharashtra is home to top MBA colleges, including NMIMS Mumbai, SIBM Pune, IIM Nagpur, and IMT Nagpur, which offer quality education, strong industry exposure, and excellent placement opportunities.

Below is a categorised list of top business schools in Aurangabad based on their locations.

Locations

Number of Colleges

Maharashtra

772 

Pune

257

Mumbai

159 

Nagpur

64

Comparison of Fees and Salary for Top MBA Colleges in Aurangabad

MBA colleges in Aurangabad offer affordable fees ranging from INR 20,000 to 3 lakh, with average salaries between INR 2 and 4 LPA, ensuring a good return on investment (ROI).

Below is a comparison of MBA fees vs salary for top business schools in Aurangabad.

College Names

Total Average Tuition Fee

Annual Average MBA Package

MGM Institute of Management and Research 

INR 3 lakh

INR 4 LPA

Maharashtra Institute of Technology 

INR 2 lakh

INR 4 LPA

Deogiri Institute of Engineering and Management Studies 

INR 1 lakh

INR 3 LPA

Dr. Babasaheb Ambedkar Marathwada University 

INR 20,000 – INR 1 lakh

INR 2 LPA

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Top MBA Colleges in Aurangabad with the Highest Salary Packages

Top MBA colleges in Aurangabad offer strong placement opportunities, with packages reaching up to INR 15 LPA and recruiters such as HDFC Bank, Capgemini, and Tech Mahindra.

The table below highlights the highest salary packages in top MBA colleges in Aurangabad.

College Names

Highest Annual Package

Leading Recruiters

MGM Institute of Management and Research 

INR 15 LPA

Syntel, Capgemini, HDFC Bank, Aditya Birla Capital, Ecom Express, etc.

Maharashtra Institute of Technology 

INR 12 LPA

Tetra Pak, Sarvottam Polymers, Johnson Controls, Tech Mahindra, etc.

Top MBA Colleges in Aurangabad With Low Fees 2025

On average, the fee structure for MBA programs in Aurangabad ranges from INR 50,000 to INR 2.5 lakh per year, significantly lower than premium B-schools in metropolitan cities. Public universities and government-aided institutions generally have the lowest fees.

The table below shows the top MBA colleges in Aurangabad with low fees.

Affordable MBA Colleges

Average Tuition Fee

Foster Development School of Management

INR 99,000

Dr. Babasaheb Ambedkar Marathwada University

INR 20,000 - INR 90,000

Top Specialisations Available in MBA Colleges in Aurangabad

Top Specialisations Available in MBA Colleges in Aurangabad

In Aurangabad, top MBA colleges offer popular specialisations such as Human Resources, Finance, Sales & Marketing, Operations, and IT & Systems, with Human Resources being the most widely available among them.

Below is a list of the popular MBA specialisations available in leading MBA colleges in Aurangabad.

Popular MBA Specialisations

No. of Colleges Offering

Human Resources

7

Finance

6

Sales & Marketing

6

Operations

4

IT & Systems

3

Confused about which MBA specialisation to choose? Discover different types of MBA specialisations and select the one that aligns best with your career goals.

Selecting the right institution from the leading MBA colleges in Aurangabad is essential for a strong foundation in management and career success. Whether you aim to excel in finance, marketing, or business analytics, selecting a college that aligns with your career goals is key. Explore your options, compare colleges, and take the next step toward your MBA journey in Aurangabad!

Don’t let finances hold you back from pursuing an MBA at top colleges in Aurangabad! Propelld offers quick digital approvals, flexible repayment options, and collateral-free education loans up to INR 50 lakh—making higher education accessible and stress-free. 

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Frequently Asked Questions

What is the average salary for MBA graduates from Aurangabad? 

Graduates from the top MBA colleges in Aurangabad can expect average salaries ranging from INR 2 lakhs to 12 lakhs per annum.

How can I prepare for the MBA entrance exams? 

Preparation strategies include studying previous years' papers, taking mock tests, and enrolling in coaching classes.

What is the admission process for MBA colleges in Aurangabad? 

The admission process typically involves entrance exams, group discussions, and personal interviews.

What specialisations are available in MBA programs in Aurangabad? 

Students can choose from various specialisations, including Marketing, Finance, and Human Resource Management, at the top MBA colleges in Aurangabad.

Are there any part-time MBA programs available in Aurangabad? 

Yes, several colleges offer part-time MBA programs catering to working professionals in Aurangabad.

What entrance exams are accepted for MBA admissions in Aurangabad? 

Commonly accepted exams include MAH CET, CAT, MAT, and CMAT, which are crucial for admission to the best college for MBA in Aurangabad.

How are placements at MBA colleges in Aurangabad? 

Many of the top 10 MBA colleges in Aurangabad boast strong placement records, with companies from various sectors actively recruiting graduates.

What entrance exams are accepted for MBA admissions in Aurangabad? 

Graduates can pursue careers in management, consulting, finance, and entrepreneurship, benefiting from the strong industry connections of the best college for MBA in Aurangabad.

Can I pursue an MBA in Aurangabad through distance learning? 

Yes, several institutions offer distance learning MBA programs, providing flexibility for students who cannot attend regular classes at the top MBA colleges in Aurangabad.

What is the importance of internships during an MBA? 

Internships provide practical experience and networking opportunities, which are crucial for securing placements in the best college for MBA in Aurangabad.