Top MBA Colleges in Maharashtra 2025: Fees, Admissions, Placements & Rankings

Top MBA Colleges in Maharashtra: Highlights 2025

There are more than 665 best MBA Colleges in Maharashtra; among them, 589 colleges are privately owned, 55 other colleges are Public/Government-owned, and 21 of the MBA colleges are public-private. Entrance exams like CAT, CMAT, MAH CET, MAT, XAT, and ATMA are some of the most accepted entrance exams in top MBA Colleges in Maharashtra. Here are some of the key highlights for the MBA colleges in Maharashtra:

Top 10 MBA Colleges in Maharashtra 2025

MBA Colleges in Maharashtra deliver students with career growth, better salary packages, and adequate job profiles. Various specializations are offered by the MBA colleges such as International Business, Finance, Retail Management, Operational Management, Human Resources, Marketing, etc. Let’s have a look at the top 10 MBA colleges in Maharashtra along with other relevant details.

Admission Process for MBA Colleges in Maharashtra 2025

MBA Colleges in Maharashtra offer admission to candidates based on their entrance exam scores and the candidates have to gain a valid score and fulfill all the eligibility criteria set by the university. The admission process of most of the Top MBA Colleges in Maharashtra conducts online admission of the candidates.

Let’s have a look at the eligibility criteria of the Best MBA Colleges in Maharashtra.

• The candidate must have passed a minimum of a 3-year undergraduate degree in any discipline with a 50% score from any recognized university by UGC/AIU.
• For reserved categories and disabled students who are majorly citizens of Maharashtra, a total of 45% is required.
• Final-year UG students are also eligible to apply.
• Candidates who belong to the reserved category need to submit a "Caste Validity Certificate" that has been issued by the Scrutiny Committee of the Social Welfare Department and ST candidates should also submit a "Tribunal Validity Certificate" issued by the Scrutiny Committee of Tribal office.
• Reserved candidates who do not belong to the SC/ST category also need to possess a legitimate Non-Creamy layer certificate.
• The admission process for MBA colleges in Maharashtra is quite simple if all the candidates follow these steps:
• Keep up with the dates set by the university for admission to the MBA program.
• Appear for the accepted entrance exam by the particular university.
• Visit the official website of the university and register.
• Fill in the online application form with all the correct details.  
• Scan and Upload all the original copies of the required documents.
• Pay the application fees (if any) through the web portal itself.
• Recheck all the details and submit the form.
• Download the payment receipt and other important documents for further use. 

Entrance Exams For Top MBA Colleges in Maharashtra 2025

MBA Colleges in Maharashtra accept national-level entrance exams for admission to this 2-year PG program. Popular entrance exams like CAT, CMAT, MAH CET, MAT, XAT, and ATMA are national-level exams accepted by the Top MBA Colleges in Maharashtra. Let’s have a look at some of the popular entrance exams for MBA in Maharashtra in detail.

CAT (Common Admission Test)

• Registration Date: 1st August 2024
• Last Date: 13th September 2024
• Exam Date: 24th November 2024

The Common Admission Test (CAT) is India's most reputable national-level entrance examination, which allows candidates to get into top management institutes. CAT is a national-level competitive exam that aims to evaluate the student’s scores to shortlist them.

SNAP (Symbiosis National Aptitude Test)

• Registration Date: first week of August 2024
• Last Date: last week of November 2024
• Exam Date: 8, 15, and 22 December 2024

SNAP is a national-level MBA entrance exam conducted by SIU through an online website. Candidates who qualify for the SNAP exam are eligible for admission to management programs offered by SNAP-affiliated institutes/colleges and multiple other private business schools.

NMAT (Narsee Monjee Aptitude Test)

• Registration Date: 1st week of August 2024
• Last Date: 2nd week of October 2024
• Exam Date: October 10, 2024 to December 19, 2024

The NMAT exam is split into three sections that are Language Skills, Quantitative Skills, and Logical Reasoning. The exam duration granted to students is two hours or 120 minutes. Each section of the examination has a time limit of 40 minutes and carries a total of 120 questions.

GMAT ( Graduate Management Admission Test)

• Registration Date: 12 January 2024
• Last Date: Last day of January
• Exam Date: 5,12,13 February 2024

The GMAT is primarily a test to grade the analytical and quantitative reasoning skills, of the students by testing in a time-limited format. The exam is conducted to test how well the candidates think strategically and logically, including quantitative/data-based topics

Cutoff For Top MBA Colleges in Maharashtra 2025

Some of the top MBA Colleges in Maharashtra accept entrance exams for the MBA course. The universities release their merit list for all the qualifying students. Every exam has its cut-off list and the candidates whose entrance score qualifies for the cut-off list are further called for the counseling round and then eventually get admitted. Let’s have a look at the cut-off list of the best MBA colleges in Maharashtra:

Top Private MBA Colleges in Maharashtra

589 Private MBA colleges in Maharashtra offer world-class education to all MBA aspirants. These institutes offer better placement opportunities along with other facilities like infrastructure, labs, accommodation, canteen, and so on. Here is the list of Top private MBA colleges in Maharashtra:

Top Government MBA Colleges in Maharashtra

55 government MBA colleges in Maharashtra offer quality education and top-notch placement opportunities. Here are some of the best MBA colleges in Maharashtra:

Specializations Offered by Top MBA Colleges in Maharashtra 2025

Most of the MBA colleges in Maharashtra are UGC-approved and have NAAC accreditation. MBA is a two-year PG program that offers multiple course specializations in International Business, Finance, Retail Management, Operational Management, Human Resources, and more. Let’s have a look at the specializations offered by the Top 10 MBA colleges in Maharashtra:

Best Placement For MBA Colleges in Maharashtra 2025

MBA colleges in Maharashtra offer the best placement opportunities to all of the students who aim to boost their careers in the field of management. The Placement cell of major MBA colleges helps students with Global Career Opportunities, Industry-Relevant Programs, Networking and Mentorship, and Enhanced Career Growth. The highest package offered by the top MBA colleges in Maharashtra is INR 57,65,000 Per Annum. Here are our average placement package and top recruiters of the top 10 MBA colleges in Maharashtra:

ROI For Top MBA Colleges in Maharashtra 2025

The Return on Investment (ROI) for Top MBA colleges in Maharashtra may differ based on multiple factors like fees, placement opportunities, and average salary packages. ROI is an important factor that determines the student's choice of colleges and the benefits they receive while enrolling into a particular MBA college in Maharashtra. Here is the ROI of the Top MBA colleges in Maharashtra:

Best Comparison of Top MBA Colleges in Maharashtra

Multiple Top MBA colleges in Maharashtra are available that offer quality education along with better placement opportunities and much more. Eventually, it gets difficult for students to choose the best college for themselves. Various factors decide the Best MBA colleges in Maharashtra. Here is a comparison of the top 3 MBA colleges in Maharashtra: