5 mins | Vaishali Pandey

Top MBA Colleges in Pune

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

Pune is home to over 240 MBA colleges, offering a wide range of specialisations and flexible study options like full-time, part-time, online, and executive courses. Known for its top institutes such as Symbiosis and PUMBA, Pune attracts students seeking quality education and excellent career opportunities. Here’s a quick look at the key details of 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

The National Institutional Ranking Framework (NIRF) is a government initiative by the Ministry of Education, India, that ranks higher education institutions based on various parameters such as teaching quality, research output, graduation outcomes, and placements. These rankings help students identify top-performing colleges across the country.

Below are some of the top MBA colleges in Pune featured in the NIRF 2023 rankings:

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

Pune has many well-known MBA colleges that offer different fee ranges to suit various budgets. From top private institutes to affordable options, students have plenty of choices. Below is a list of top MBA colleges in Pune, their fees, and the number of seats available.

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Top 10 Private MBA Colleges in Pune with Fees

Choosing the right MBA college can make a big difference in your career. Private institutes offer a mix of quality education, flexible admissions, and a variety of specialisations. Below is a list of the top 10 private MBA colleges, including their fees, seat availability, and 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

Government MBA colleges offer quality education with affordable fees, making them a preferred choice for many students. Here is a detailed list of the leading government MBA colleges in Pune, including their seat capacity and fee structure.

College Name

Number of Seats

Total Fee

Mahatma Phule Krishi Vidyapeeth

30

INR 60,000

Tilak Maharashtra Vidyapeeth

60

INR 85,000

Savitribai Phule Pune University

10,594

INR 1 lakh

PUMBA

240

INR 1 - 2 lakhs

College of Engineering, Pune

30

INR 3 lakhs

Vaikunth Mehta National Institute of Cooperative Management

120

INR 3.52 lakhs

Mulshi Institute of Business Management

120

INR 4.5 lakhs

National Institute of Construction Management and Research

720

INR 8.15 lakhs

Best 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

MIT School of Distance Education, Shivaji Nagar

INR 44,000

Institute of Sports Science and Technology

INR 49,000

Symbiosis Centre for Distance Learning

INR 50,000

MIT School of Distance Education

INR 65,000 - INR 9 lakhs

Neville Wadia Institute of Management Studies and Research

INR 4 lakhs

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Top MBA Colleges in Pune Offering Part-Time Courses

Part-time MBA programs provide a flexible learning option for working professionals who want to advance their careers without putting their jobs on hold. Pune offers several reputed colleges with diverse fee ranges and quality curriculum tailored to balance work and study. Below is a list of top part-time MBA colleges in Pune along with their fee details.

College Name

Total Fee

SNDT Women’s University

INR 1 lakh

Oasis College of Science and Management

INR 1.5 - 2.5 lakhs

Department of Management Sciences, University of Pune

INR 1.29 - 1.52 lakhs

Poona Institute of Management Sciences and Entrepreneurship

INR 1.6 - 2.1 lakhs

Thakur Institute of Management Studies & Research

INR 1.88 - 10.5 lakhs

MET Institute of Management

INR 2.25 lakhs

National School of Construction Management and Research

INR 2.75 lakhs

Universal Business School

INR 2.5 - 4.5 lakhs

KJ Somaiya Institute of Management

INR 4.2 lakhs

Kirloskar Institute of Advanced Management Studies

INR 12.50 lakhs

NMIMS School of Business Management

INR 16 lakhs

Symbiosis Institute of Business Management

INR 21.50 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.

Best MBA Colleges in Pune Offering Diploma Courses

Diploma MBA programs provide a focused and practical approach to management education, ideal for those seeking specialised skills in a shorter time frame. Below is a detailed list of some of the best MBA diploma colleges in Pune, including their seat capacity and fee structure to help you find the right fit.

College Name

Number of Seats

Total Fee

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

Pune Institute of Business Management

240

INR 3 - 9 lakhs

International School of Business and Media

90

INR 12 lakhs

National Institute of Bank Management

132

INR 14 lakhs

Top Specialised Courses Offered by Top MBA Colleges in Pune with Fees

Specialised MBA programs help students gain expertise in specific fields, making them industry-ready for niche roles. Here’s a list of top MBA colleges in Pune offering specialised courses along with their fee details to help you choose the best program for your career goals.

College Name

MBA Course Offered

Total Fee

IMED

MBA in Human Resource Management

INR 5 lakhs

PIBM, Pune

MBA in FinTech

MBA in Project Management

INR 9 - 30 lakhs

National Institute of Bank Management

PGDM in Banking and Financial Services

INR 14 lakhs

SIBM, Pune

MBA in Innovation and Entrepreneurship

INR 24 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 Placement Opportunities

Choosing an MBA college with strong placement opportunities is key to launching a successful career. Pune hosts several reputed MBA institutes known for impressive salary packages and partnerships with leading companies. 

Below is a list of top colleges along with their average packages, fees, and notable recruiters to help you make an informed decision.

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 1.18,000

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 

For those planning to pursue an MBA in Maharashtra, here’s a list of some of the best colleges and their total fee structures. These institutes offer quality education and strong career opportunities across the state.

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

Top MBA Colleges in Pune Accepting CET Score

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

For candidates planning to take the MAT exam, Pune offers several reputed MBA colleges that consider MAT scores for admission. Below is a list of top colleges along with their MAT cut-off ranges to help you plan your application.

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

MBA Colleges in Pune Accepting CMAT Score

For aspirants with CMAT scores, Pune hosts several well-known MBA colleges that accept CMAT for admissions. Below is a list of these colleges along with their respective CMAT cut-off scores to guide your application 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

Scholarship Offered by Best MBA Colleges in Pune 

Many top MBA colleges in Pune provide scholarships to help talented and deserving students pursue their management education. Below is a detailed list of these colleges, along with the scholarships they offer to support students financially.

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

Top Specialisations 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.

Eligibility Criteria for MBA Colleges in Pune

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.

Admission Process for MBA Colleges in Pune

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.

Top Entrance Exam Offered by Best MBA Colleges in Pune 

For admission into MBA programs, Pune’s leading colleges accept scores from various entrance exams. Below is a list of important MBA entrance tests, their full forms, and when they are usually held.

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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Other

Frequently Asked Questions

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:Suryadatta Institute of Management and Mass Communication – ₹6 lakhsMIMA Institute of Management – ₹5.6 lakhsInternational School of Management Studies – ₹4-6 lakhsNG Naralkar Institute of Career Development and Research – ₹2.6 lakhsDepartment of Management Sciences (PUMBA) – ₹1.5 lakhs

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. 

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.

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.

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.

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. 

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

What is the salary of an MBA fresher in 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.

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.

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.