Maharashtra has always been one of India’s leading MBA destinations for aspiring students. In fact, it is most dominant in terms of the scope of education along with other corporates and industries as it possesses a large number of population. To begin with, the best MBA colleges in Maharashtra are always the first choice since it is the hub of technology, education in management, and many more allied sectors.
To be precise, MBA colleges in Maharashtra have one of the most popular post-graduate programs due to the availability of high-quality education with higher placements. This two-year program is the gateway to a plethora of work opportunities in the corporate world.
Why You Should Choose MBA Colleges in Maharashtra?
-
High Quality MBA Programs
it goes without saying that Maharashtra is the home to some of the best MBA colleges in India. As a matter of fact, it provides its enrollees with a platform where they can expand their knowledge in the field of leadership, management, and Analytical skills. This means it is going to impact the learners’ education as well as shape up their future careers.
-
Cost of living
Compared to the other states of India, the cost of living in Maharashtra is relatively less. There, students can find accommodation on a shared basis easily, in addition to all the services and facilities that are available at affordable prices. Also, there are some MBA colleges in Maharashtra that offer different types of scholarships, stipends, and even awards. Therefore, learners need to search deeply and carefully when applying for these colleges.
-
Career opportunities
After completing the required courses, students can get career opportunities in various top companies. To further elaborate, the network in the marketing industry is increased by a slight rate which will enable students to expand their sources and get more job opportunities in the market. Besides, when studying in MBA colleges in Maharashtra, learners are exposed to many real-life case study based on the real-world situations; therefore, this helps them to solve many problematic situations as well as get familiar with the job organizations. Some of Maharashtra’s top companies are Infosys, Tech Mahindra, TCS, Amdocs, Capgemini, Accenture, and many more.
The Eligibility Criteria of MBA Colleges in Maharashtra
The eligibility criteria for MBA can differ from one college to another. Nonetheless, the main eligibility criteria to pursue an MBA are as follows:
- Candidates must have passed graduation in any field or an equivalent from a recognized college. This is a must for studying an MBA full-time. In addition, final year graduation candidates are eligible to apply for MBA, provided they present the proof of graduation degree completion within the specified duration by the institute.
- Most of the colleges follow the minimum score criteria in graduation that is 50% on the average or an equivalent. Also, few of the colleges offer 5% relaxation to the learners from reserved categories.
- Besides the merit-based admission, most colleges conduct entrance exams such as CAT, XAT, GMAT, CMAT, MAT, ATMA, MAH CET, GATE, NMAT, MHT CET, and so on.
Furthermore, MBA learners must possess certain qualities and skills such as excellent communication, problem-solving, leadership, management, analytical thinking, research-oriented, goal-oriented along with the ability to work under pressure and strong mathematical skills.
Top 20 MBA Colleges in Maharashtra
In total, there are almost 573 MBA colleges in Maharashtra including 517 private and 56 public. Henceforth, if you are an MBA aspirant, then below is a list of the top 20 MBA colleges that you need to consider which will impart your education in the field of management.
-
SJMSOM IIT Bombay, Mumbai
This college offers MBA admission to nearly 152 students among which the reserved category candidates. It also provides several facilities to the learners such as a Library of a total of 6638 books, 514 theses and dissertation,337 audiovisual materials, and 55 MDP reports. In addition, the program of this college is one of the highly ranked MBA programs in India as it also subscribes to online resources and computer Labs.
Date of establishment: 1995
Location: Area, Powai, IIT, Mumbai, Maharashtra
Duration: 2 years, Full Time
Tuition fees: Rs. 8.30 lakh
-
NITIE, Mumbai
NITIE has been ranked number 12 among other colleges by 2020 NIRF rankings. It provides a research fellowship course in management as well as a certificate course in visionary leadership for manufacturing. The main focus or this institute is entrepreneurship development. Also, it aims to offer quality education in Industrial as well as Environmental management.
Date of establishment: 1963
Location: Vihar Lake Rd, near The Residence Hotel, NITIE Admin Block, Powai, Mumbai, Maharashtra 400087
Duration: 2 years, Full Time
Tuition fees: Rs. 6.26 Lakh
-
Indira Institute of Management, Pune
It is an accredited institute from UGC and AICTE. Also, it is affiliated to Savitribai Phule University. The IIMP Pune, Pune offers 20 courses across 2 streams IT, Management, and across 5 degrees which are BBA, MBA, PGD, MCA, PGDM. On that account, this institute is one of the best MBA colleges in Maharashtra as it offers more than 200 companies to visit for the on-campus for final placements.
Date of establishment: 1994
Location: 85/5-B, Samanvay IT Campus, New, Old Mumbai Rd, Tathawade, Pune, Maharashtra 411033
Duration: 2 years, Full Time
Tuition fees: Rs. 4.40 Lakhs
-
Symbiosis Institute of Business Management (SIBM), Pune
It is ranked among the top 25 Self- financed/Private Institutions in India in the ATAL Rankings 2020 (ARIIA). In fact, it is one of the top MBA colleges in Maharashtra that aims to provide world-class management education through its MBA programs. Also, it has unique teaching methods that combine modern and traditional ways in order to ensure the best education for the candidates. The SIBM college is famous for its MBA program, which is its flagship offering that requires a full-time residential course and offers SIBM Pune specializations in multiple sectors.
Date of establishment: 1978
Location: Symbiosis Knowledge Village, Gram Lavale, Tal Mulshi, Pune, Maharashtra 412115
Duration: 2 years, Full Time
Tuition fees: Rs 7.5 Lakh
-
NMIMS School of Business Management, Mumbai
It is one of the top-ranked colleges in India for bachelor’s as well as Master’s programs. In fact, it is known for recognizing the needs of specialist schools in many disciplines at the headquarters in Mumbai. Thus, it is the parent body that has responded to the need for centers of excellence across the state and country, thereby widening the basics of quality higher education.
Date of establishment: 1981
Location: V. L, Pherozeshah Mehta Rd, Vile Parle, Mumbai, Maharashtra 400056
Duration: 2 years, Full Time
Tuition fees: Rs 19.76 lakh
-
Indian Institute of Management (IIM), Nagpur
Being a new generation IIM, it debuted operations in 2015 under the mentorship of IIM Ahmedabad. After 3 years, it grew very fast both in academics and in achieving 100% placements. Generally, it aims to create value-driven leaders, global entrepreneurs, and managers with strong conceptual foundations and analytical approach.
Date of establishment: 2015
Location: VNIT Campus, S Ambazari Rd, Ambazari, Nagpur, Maharashtra 440010
Duration: 2 years, Full Time
Tuition fees: Rs. 11.50 Lakhs
-
KJ Somaiya Institute of Management, Mumbai
K J Somaiya is consistently ranked among the top 25 management institutes and the top 10 private sectors B-schools in the country. In fact, it has an autonomous status granted by UGC and notified by the University of Mumbai. Moreover, this institute offers experiential learning in all the educational programs to produce educated learners who are familiar with new challenging possibilities as it gives meaning and relevant management education.
Date of establishment: 1981
Location: Somaiya Vidyavihar University, Vidya Vihar East, Mumbai, Maharashtra 400077
Duration: 2 years, Full Time
Tuition fees: Rs. 6.69 Lakhs
-
Institute of Management Technology (IMT), Nagpur
IMT college is Ranked among the top one percent of the B-Schools in India. In fact, it has achieved a reputable position in management education by following a holistic approach in offering a priming basis to budding business leaders. Ultimately, it successfully achieved the recognition of being one of the most well-known premier MBA colleges in Maharashtra.
Date of establishment: 2004
Location: 35 Km Milestone, Katol Road, SH 248, Dorli, Nagpur, Maharashtra 441502
Duration: 2 years, Full Time
Tuition fees: Rs 12.10 lakh
-
Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth, Pune
BVIMSR has been consistently ranked amongst the top 10 Business Schools in India. With its world-class infrastructure, this institute provides a holistic environment for all learning and development which made it one of the 29 accredited constituent units of Bharati Vidyapeeth (Deemed to be University) in Pune.
Date of establishment: 1978
Location: Pune, Rambaug Colony, Kothrud, Pune, Maharashtra 411038
Duration: 2 years, Full Time
Tuition fees: Rs. 3.5 Lakhs
-
Welingkar Institute of Management (WeSchool), Mumbai
The WeSchool is ranked among the top 100 B-Schools according to the National Institutional Ranking Framework (NIRF) conducted by the Ministry of Human Resources Development. It is a leading institute as it brings on-board industry-academia connection and has been honored by the jury for excellence in employability through industry engagement. In addition, it presents campus as a demonstration of this intent which nurtures the new generation business pioneers who will collaborate and innovate to make their way globally. Also, WeSchool has the latest state-of-the-art facilities that ensure the right environment for learning with the aid of an academically reputed faculty.
Date of establishment: 1977
Location: Lakhamsi Napoo Road, Opp.Matunga Gymkhana, Matunga, Mumbai, Maharashtra 400019
Duration: 2 years, Full Time
Tuition fees: Rs. 7 Lakh
Also, check the
- Top 20 MBA Colleges in Australia for Indian Students.
- Top 20 MBA Colleges in Germany for Indian Students.
-
Vaikunth Mehta National Institute of Cooperative Management
The college is accredited from AICTE and it is affiliated to the University of Pune. VAMNICOM offers 4 courses across one stream that is Management and across 3 degrees namely PGD, PGDM, and Diploma. It aims to facilitate building a key position in growing collaborations through education, research, training, and management development. Importantly, it has collaborated with many International agencies among which the International Cooperative Alliance [ICA], and International Labor Alliance [ILA]. Further, the institute has good infrastructural facilities such as computer Labs with high-speed internet access, separate hostels for boys and girls, a library, and many more.
Date of establishment: 1964
Location: Ganeshkhind Road, Near Pune University, Pune, Maharastra, India – 411007
Duration: 2 years, Full Time
Tuition fees: Rs. 4.28 Lakh
-
Abasaheb Garware Institute of Management Studies
This is one of the best MBA colleges in Maharashtra as it strives to deliver the best education for students through well-experienced faculties and highly qualified lecturers. Besides, there are classes provided by this institute such as guidance class along with a variety of coaching classes to clear exams and join higher education. Moreover, it has few salient features such as the unique location, buildings, and the facilities which are offered with modern types of equipment.
Date of establishment: 2011
Location: C. S. No. 1317/A1, St Stand Rd, Khanbhag, Sangli, Maharashtra 416416
Duration: 2 years, Full Time
Tuition fees: Rs. 11.1 Lakhs
-
Brahma Valley College of Engineering and Research Institute
This institute is affiliated to Savitribai Phule Pune University. It is approved by All the country’s Council for Technical Education (AICTE) and recognized by the Directorate of Technical Education (DTE), Maharashtra. Its vision is to create a center of excellence in the discipline of technical education by holistically enhancing future engineers, technocrats, knowledge achievers with the right skills and attitudes towards the profession. As a matter of fact, its mission is to impart education to learners to become the best professional entrepreneurs of today who will be inspired to lead their activities effectively.
Date of establishment: 2008
Location: Trimbakeshwar Rd, Anjaneri, Maharashtra 422212
Duration: 2 years, Full Time
Tuition fees: Rs. 0.7 Lakhs
-
Central India Institute of Management Studies – CIIMS Ahmednagar
It is one of the best management institutes in the whole country. This college focuses on having the overall development of professionals who would be the leaders in the financial planning revolution. In addition, the institute strives to impart management skills to prepare the new business leaders for the international level competition and beat others in this field. As a matter of fact, it is an accredited college that is affiliated to Bhagwant University. It offers 32 courses across 9 streams namely Management, Law, Paramedical, Media and Mass Communication, Arts, Education, Engineering, Hotel Management, and IT across 3 degrees which are MBA, PGD, and Diploma.
Date of establishment: 1993
Location: 35, Deviprabha Pride, 2nd Floor, Cement Road Shivaji Nagar, Nagpur, Maharashtra 440010
Duration: 2 years, Full Time
Tuition fees: ₹50,500 (1st Year Fees)
-
DY Patil Institute of Management Studies
This college is one of Dr. D. Y. Patil Pratishthan’s illustrious galaxies of educational endeavors. It is housed in a spacious building that is accredited with ‘A’ grade by the National Assessment and Accreditation Council for five years. In addition, it holds the excellence of management education and its motto which says “Knowledge is endless”. As a result, this institute aims at enhancing competent professionals and developing the existing management processes through either regular or executive programs.
Date of establishment: 2004
Location: Sector 29, Near Akurdi Railway Station, Nigdi, Pradhikaran, Akurdi, Pune, Maharashtra 411044
Duration: 2 years, Full Time
Tuition fees: 7.5 lakhs
-
Flame University, Pune
FLAME stands for Foundation for Liberal and Management Education. It was founded by Mr. Parag Shah and It became one of the best examples of an eco-friendly campus in the entire country with water recycling, water harvesting, and solid waste management systems. This college is accredited by AICTE and NBA and it is affiliated with the CFA University Program. Moreover, its campus covers an area of 60 acres and it has a beautiful infrastructure when it comes to classrooms, laboratories, libraries, and indoor entertainment facilities.
Date of establishment: 2014
Location: Gat No. 1270, Lavale, Off. Pune Bangalore Highway, Pune, Maharashtra, India-412115
Duration: 2 years, Full Time
Tuition fees: Rs. 11.90 Lakh
-
SIES College of Management Studies, Mumbai
SIES College prepares future leaders in multiple fields such as science, technology, and business. It attempts to improve professional competencies with passion, flexibility, and adaptability of learning. In particular, the college is committed to social change and development through leadership, knowledge, and innovation as it focuses mainly to be recognized globally for many aspects. Some of these aspects are academic excellence, research initiatives, world-class pedagogy, and a wide range of program offerings allowing learners to show their innovation and creativity.
Date of establishment: 1995
Location: Sri Chandrasekarendra Saraswati Vidyapuram Sector-V, Nerul, Navi Mumbai, Maharashtra 400706
Duration: 2 years, Full Time
Tuition fees: Rs. 5.20 Lakh
-
P Jain Institute of Management Research (SPJIMR), Mumbai
SPJIMR is a branch of the Bharatiya Vidya Bhavan and it operates as an autonomous institute with entrepreneurial agility. In fact, it is consistently ranked amongst the top 10 management institutes in India. Also, it is approved by the All India Council for Technical Education (AICTE) as it provides several facilities to the students and faculty among which separate hostels for boys and girls, cafeterias to serve food to the students, a library with a collection of books, and indoor and outdoor sports facilities along with other facilities such as Wi-Fi.
Date of establishment: 1981
Location: S. P. Jain Institute of Management and Research, Old D N Nagar, Munshi Nagar, Andheri West, Mumbai, Maharashtra 400058
Duration: 2 years, Full Time
Tuition fees: 18 Lakhs
-
MET Centre for Insurance Training, Research, and Development, Mumbai
It is one of the leading B-Schools with a premier professional body to provide the eMBA-Insurance program which will aid students to improve their skills and become global insurance professionals. The eMBA-Insurance program is included in the MET CITRD course offered by the center and has been recognized by IRDA. Not only will it sharpen students into global insurance professionals, but it will also provide them with a joint certification in e-empowered Management and Business Administration.
Date of establishment: 1989
Location: Bhujbal Knowledge City, Reclamation, Bandra West, Mumbai, Maharashtra 400050
Duration: 2 years, Full Time
Tuition fees: Rs. 5.76 Lakhs
-
Pillai Institute of Management Studies & Research, Mumbai
The Pillai college possesses a variety of options to pursue higher studies as it is a reputed institute that offering quality education in several academic fields. Regardless of the rigorous academic curriculum, it provides many activities which help build students’ personality. Among these activities are seminars, guest- lectures, workshops, and industry- visits that are conducted regularly.
Date of establishment: 1998
Location: Dr. K. M. Vasudevan Pillai Campus, Plot No.10, Sector 16, Panvel, Navi Mumbai, Maharashtra 410206
Duration: 2 years, Full Time
Tuition fees: Rs. 3.85 Lakh
All in all, there are several MBA colleges in Maharashtra that offer a full-time, part-time, or online distance-learning mode of study. Thus, this article discusses the top 20 MBA colleges in Maharashtra along with details about their tuition fees, durations, courses, and many more.