Top MBA Colleges in Pune 2024: Fees, Admissions, Placements & Rankings

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Update at Aug 7, 2024, 1:09 am

Pune is a large city in the western Indian state of Maharashtra. It is the top educational centre of India which consists of various domestic and foreign students pursuing higher education. The city is home to several MBA institutions due to the increasing number of affordability and high return on investment, making it a good choice for many students. Due to the city's diverse business and economic landscape, MBA degrees in Pune offer a wide range of jobs and career opportunities.

MBA or Masters in Business Administration is a two-month full-time (regular) MBA Programme that offers the best higher education in management and business administration. The best MBA colleges in Pune offer an affordable fee range that includes various factors ranging from INR 2,25,000 to INR 24,00,000. Admission to these Best MBA Colleges in Pune accepts admission based on the national level entrance examinations such as CAT, XAT, SNAP, CMAT, GMAT, MAH CET, and many more.

Top MBA Colleges in Pune: Highlights 2024

Many Top MBA colleges in Pune offer the best management postgraduate program. There are around 210 top MBA colleges in Pune that offer specializations in the fields of Sales & Marketing, Finance, HR, Operations, Supply Chain, and many more. The MBA best colleges in Pune are not only NAAC accredited but are also approved by UGC and AICTE. Admission to these MBA best colleges in Pune accepts entrance-based admission of the candidates who appear and gain valid cut-off scores in CAT, MAT, XAT, CMAT, and more.

Here are some of the key highlights related to the top MBA college in Pune:-

City

Pune, Maharashtra

No. of Colleges

Approx 210 

Private Colleges

206

Public/Government

9

Specialisations Courses

  • Sales & Marketing
  • Finance
  • HR
  • Operations
  • Supply Chain

Accepted exam

CAT / MAT /. XAT / CMAT / ATMA / NMAT

Accreditation

NAAC / UGC / AICTE

Annual Average Fees

INR 1,00,000 to INR 5,00,000

Eligibility Criteria for MBA Colleges in Pune

The top college in Pune for MBA program accepts the candidates to fulfill all the basic eligibility criteria set by the required university. The MBA colleges in Pune conducts online admission of the candidates and shortlist them based on the MBA colleges in Pune cut-off scores of the candidates. The candidates have to appear for the accepted national level entrance examinations like CAT, MAT, XAT, PMAT, and many more. Here are some of the basic eligibility criteria interested candidates need to follow to enrol into the top MBA colleges in Pune.

  • The candidate needs to have a bachelor's degree in any discipline from a recognized university with a minimum of 50% aggregate marks.
  • For candidates belonging to the reserved SC/ST categories require a minimum of 45% as they are given concession of 5 % from the general category.
  • The MBA colleges in Pune accept valid scores of multiple entrance examinations like MH-CET, CAT, XAT, MAT, etc. among others.
  • Some colleges may also conduct and accept their own entrance test.
  • Further the shortlisted candidates are called in for Personal Interview (PI), Group Discussion (GD) and Doument Verification (DV).

Top 10 MBA Colleges in Pune

Many Top MBA colleges in Pune offer a two-year postgraduate professional degree program in the field of management and business administration. These MBA institutes are both private and public-owned offering multiple facilities such as affordable fee structure, modern facilities, better job opportunities, and much more. These top college in Pune for MBA programs also accepts some national-level entrance examinations to help students enrol into the program.

Here are the top 10 MBA colleges in Pune along with some other factors.

S.No

Institute Name

Types of College

Fees

Exam Accepted

1

Symbiosis Institute of Business Management - [SIBM], Pune, Maharashtra

Private

INR 14,69,500 (1st Year Fees)

SNAP

2

Dr. D. Y. Patil B-School, Pune

Private

INR 4,23,000 (1st Year Fees)

CAT / MAT /  XAT / CMAT /  ATMA

3

International School of Management Studies - [ISMS], Pune, Maharashtra

Government

INR 4,50,000 (1st Year Fees)

CAT / CMAT /  MH CET /  ATMA / MAT

4

IEBM Indus Business School - [IIEBM IBS], Pune, Maharashtra

Private

INR 4,55,000 (1st Year Fees)

CAT / MAT / CMAT / MH-CET/  ATMA / XAT

5

International School of Business and Media - [ISB&M] Nande, Pune, Maharashtra

Private

INR 12,60,000 (total fees)

CAT / XAT / MAT / CMAT / GMAT / ATMA.

6

Balaji Institute of Modern Management - [BIMM], Pune, Maharashtra

Private

INR 6,07,500 (1st Year Fees)

CAT /  MAT /  XAT /  CMAT / MAH CET

7

MIT World Peace University - [MIT-WPU], Pune, Maharashtra

Private

INR 4,55,000 (1st Year Fees)

CAT /  XAT / NMAT /  GMAT / PERA CET / MAH-CET / MAT

8

International Institute of Management Studies - [IIMS], Pune, Maharashtra

Government

INR 9,27,000 (total fees)

MAT / XAT / CAT / CMAT / ATMA / CET

9

Pune Institute of Business Management - [PIBM], Pune, Maharashtra

Private

INR 8,75,000 (total fees)

CAT /  XAT / CMAT / MAT / PMAT

10

Bharati Vidyapeeth University, Institute of Management and Entrepreneurship Development - [IMED], Pune, Maharashtra

Private

INR 2,62,500 (1st Year Fees)

B-UMAT /  BVP B-CAT /      BMAT

Admission process for top MBA Colleges in Pune

The MBA colleges in Pune admit students who apply for the admission process to these management universities through online mode. Most MBA colleges accept entrance-based admission of the candidates and they need to qualify for the exam to get shortlisted further. Eligible candidates will then further proceed to the counselling round. Here are some of the basic admission processes the candidates need to follow to enrol into the best MBA colleges in Pune.

  • Appear for the accepted entrance exam.
  • Visit the required university’s official web portal.
  • Begin with the registration process and then login with the set login ID and Password.
  • Fill in the admission application form online with details like, personal information, educational details, and more.
  • Upload all the required scanned documents along with recent passport size photo, and signature.
  • Complete the payment of admission application fee.
  • Submit the completed admission form along with fee receipt.
  • Shortlisted candidates will be called for the counselling session, document verification, group discussion, personal interview and seat allotment round.

Documents Required to Get Admission in Pune MBA Colleges

During the admission process the candidates need to submit some important documents that are listed below:-

  • 10th & 12th class passing certificate
  • Graduation certificates
  • Domicile certificate (for state quota)
  • Category certificate (if applicable)
  • Rank card & admit card of entrance exam (if any)

Popular Entrance Exam For Top MBA Colleges in Pune 

The common entrance exams accepted at the best MBA colleges in Pune are as follows.

1) CAT (Common Admission Test)

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

CAT is the gateway exam for admission to premier MBA colleges in Pune, such as Pune Institute of Business Management and Balaji Institute of Modern Management. The exam comprises 100 MCQ questions testing quantitative, logical reasoning, and verbal skills. It is a nationally recognized exam taken by over 2 lakh candidates annually for admission to top MBA colleges in Pune and across India. The CAT scorecard is valid for 1 year only. The CAT 2023 score is valid for admissions in 2024.

2) CMAT (Common Management Admission Test)

  • Registration Date: 29 March 2024
  • Last Date: 18 April 2024
  • Exam Date: 15 May 2024

CMAT is accepted by some of the private MBA Colleges in Pune, like the Institute of Management and Entrepreneurship Development, Pune Institute of Business Management, etc. It has 100 MCQs testing aptitude, reasoning, language comprehension, and general awareness. Over 1000 management institutes in India accept CMAT scores and see over 100,000 registrations every year. The CMAT scorecard is valid for 1 year.

3) MAH-CET (Maharashtra Common Entrance Test)

  • Registration Date: 11 Jan 2024 
  • Last date:  12 Feb 2024
  • Exam Date: 9 - 11 Mar 2024

MAH-CET is accepted by government colleges affiliated with DTE Maharashtra, like UNIPUNE, the College of Engineering Pune, and VNMKV. It tests logical and abstract reasoning skills through objective, multiple-choice questions. MAH-CET is a state-level exam conducted annually for admission to management programs approved by DTE Maharashtra. The MAH-CET score is valid for 1 year. MAH-CET 2024 score is applicable for admissions in 2024.

4) MAT (Management Aptitude Test)

  • Registration Date: 20, 21, 29 Feb, 5 Mar 2024
  • Last Date: 28 May 2024
  • Exam Date: 19 May to 2 June 2024

MAT is accepted by many private MBA colleges in Pune, such as Balaji Institute, Pune Institute of Business Management, etc. It has 200 questions testing intelligence, languageanalytical, and reasoning skills relevant to management. MAT is a national-level entrance exam held multiple times a year for admission to over 600 B-schools across India. The MAT scorecard is valid for 1 year from the date of the test.

5) XAT (Xavier Aptitude Test)

  • Registration Date: 10 December, 2023
  • Last Date: 30 November 2023
  • Exam Date: 7 January, 2024

XAT is conducted annually for admission to XLRI and 100+ colleges. Pune MBA colleges such as Pune Institute of Business Management, Balaji Institute of Modern Management, and others also accept XAT scores along with others. It has multiple-choice questions testing verbal, logical reasoning, quantitative, and decision-making skills. XAT is the second most popular MBA entrance exam after CAT, taken by over 1 lakh candidates every year. The XAT score is valid for just 1 year, i.e., the XAT 2024 score can be used for MBA admissions in 2024 only.

6) SNAP (Symbiosis National Aptitude Test)

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

Apart from the above entrance exams, SNAP is also a major entrance exam, that ‘Symbiosis International Deemed University conducts for MBA admissions for all its 16 institutes across the country. It is a one-hour exam with 60 MCQs to be answered. The aptitude will be tested in English, Analytical and Logical Reasoning, Data Interpretation, and Sufficiency. Each correct answer is of 1 mark and each wrong question will deduct ¼ mark. Like all other exams, its score is also valid for 1 year only.

Fee Structure For Top MBA Colleges in Pune

The MBA fees in Pune vary across government and top private MBA colleges in Pune. Government colleges charge annual fees in the range of INR 30,000– INR 1,00,000 per annum. On the other hand, private autonomous colleges charge higher fees of between INR 3,00,00 and INR 15,00,000 per annum for their MBA programs. Additionally, 50% of the seats are reserved for Maharashtra domicile candidates in government MBA Colleges in Pune. So, aspirants can identify the best MBA Colleges in Pune matching their location preferences to find the right academic fit and opportunities post-MBA.

Here is the table below for Private and MBA Government Colleges in Pune fees:-

S.No

Institute Name

Fees

1

Symbiosis Institute of Business Management - [SIBM], Pune, Maharashtra

INR 14,69,500 (1st Year Fees)

2

Dr. D. Y. Patil B-School, Pune

INR 4,23,000 (1st Year Fees)

3

International School of Management Studies - [ISMS], Pune, Maharashtra

INR 4,50,000 (1st Year Fees)

4

IEBM Indus Business School - [IIEBM IBS], Pune, Maharashtra

INR 4,55,000 (1st Year Fees)

5

International School of Business and Media - [ISB&M] Nande, Pune, Maharashtra

INR 12,60,000 (total fees)

6

Balaji Institute of Modern Management - [BIMM], Pune, Maharashtra

INR 6,07,500 (1st Year Fees)

7

MIT World Peace University - [MIT-WPU], Pune, Maharashtra

INR 4,55,000 (1st Year Fees)

8

International Institute of Management Studies - [IIMS], Pune, Maharashtra

INR 9,27,000 (total fees)

9

Pune Institute of Business Management - [PIBM], Pune, Maharashtra

INR 8,75,000 (total fees)

10

Bharati Vidyapeeth University, Institute of Management and Entrepreneurship Development - [IMED], Pune, Maharashtra

INR 2,62,500 (1st Year Fees)

MBA Colleges in Pune: Cut-off Criteria for MBA Category

When it comes to cutoffs for different categories, the general category cutoffs are the highest, around 90+ percentile in exams like CAT for the top MBA Colleges in Pune. The cutoffs are relaxed by 5–10 percentiles for reserved category applicants like SC and ST. Similarly, cutoffs are lowered by a few points for NC-OBC and EWS category applicants.

Top Government MBA Colleges in Pune

Some of the top government MBA Colleges in Pune are UNIPUNE Admission (SPPU), College of Engineering Pune, Vasantrao Naik Marathwada Krishi Vidyapeeth (VNMKV), and Shivaji University. UNIPUNE (SPPU) offers an MBA program through its Department of Management Sciences with annual fees of INR 30,000 - INR 50,000. It provides placements with average packages of INR 6,00,000 - INR 8,00,000 per annum. The College of Engineering Pune's MBA program costs INR 50,000 - 1,00,000 Per Year and has a strong placement record with students receiving average salary packages of INR 6,00,000 - INR 8,00,000 per annum. VNMKV offers an affordable MBA with annual fees of just INR 30,000 - INR 50,000 and provides decent placements with average salaries of INR 5,00,000 - INR 6,00,000 per annum.

The list of some of the Best MBA Government Colleges in Pune SeatsEligibility and placement is mentioned in the table below:-

S.NO

Top Government Colleges

Seats

Eligibility

Avg Package

Highest Package

1

PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University

240

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 8,01,000 Per Annum

INR 15,30,000 Per Annum

2

National Institute of Construction Management and Research, Pune

780

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 9,00,000 Per Annum

INR 28,66,000 Per Annum

3

Tilak Maharashtra Vidyapeeth, Pune

60

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 5,00,000 Per Annum

INR 10,00,000 Per Annum

4

Vaikunth Mehta National Institute of Cooperative Management, Pune

120

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 9,76,000 Per Annum

INR 16,70,000 Per Annum

5

Savitribai Phule Pune University, Pune

180

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 6,50,000 Per Annum

INR 14,75,000 Per Annum

6

COEP Pune - College of Engineering

70

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 7,00,000 Per Annum

INR 39,20,000 Per Annum

7

Mahatma Phule Krishi Vidyapeeth - [MPKV], Pune

30

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 3,00,000 Per Annum

INR 10,00,000 Per Annum

8

Mulshi Institute of Business Management - [MIBM], Pune

120

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 7,80,000 Per Annum

INR 14,00,000 Per Annum

Top 10 Private MBA Colleges in Pune

When it comes to the Top Private MBA Colleges in Pune, some of the big names are Symbiosis Institute of Business Management, Pune Institute of Business Management, Balaji Institute of Modern Management, and the Institute of Management and Entrepreneurship Development. Though these private colleges charge higher annual fees in the range of INR 7,00,000 – INR 15,00,000, they ensure exceptional placements for their students, with average salary packages reaching INR 10,00,000 – INR 12,00,000 Per annum.

The list of the top 10 private MBA colleges in Pune with Seats, Eligibility and Placements is mentioned in the table below:-

S.NO

Top Private Colleges

Seats

Eligibility

Avg Package

Highest Package

1

Symbiosis Institute of Business Management - [SIBM], Pune

180

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 23,77,000 Per Annum

INR 35,05,000 Per Annum

2

SCMHRD Pune

180

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 9,00,000 Per Annum

INR 28,66,000 Per Annum

3

International Institute of Management Studies - [IIMS], Pune

240

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 7,50,000 Per Annum

INR 26,50,000 Per Annum

4

IMED Pune

240

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 7,50,000 Per Annum

INR 18,10,000 Per Annum

5

RIIM - Arihant Group of Institutes - [RIIM], Pune

70

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 5,50,000 Per Annum

INR 9,80,000 Per Annum

6

Symbiosis Institute of International Business - [SIIB], Pune

120

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 11,32,000 Per Annum

INR 20,17,000 Per Annum

7

Balaji Institute of Modern Management - [BIMM], Pune

360

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 8,25,000 Per Annum

INR 19,27,000 Per Annum

8

National Institute of Bank Management - [NIBM], Pune

120 Seats

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 15,22,000 Per Annum

INR 23,50,000 Per Annum

9

Pune Institute of Business Management - [PIBM], Pune

660

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 7,01,000 Per Annum

INR 17,00,000 Per Annum

10

MIT World Peace University - [MITWPU], Pune

45

Bachelor's Degree with a Minimum of 50% Aggregate.

INR 7,00,000 Per Annum

INR 30,00,000 Per Annum

ROI For Top MBA Colleges in Pune

In terms of ROI from the best MBA Colleges in Pune, premier private institutes like Symbiosis Institute offer the highest returns, with fees recovered within 2–3 years post-completion. The government institutes also deliver excellent ROI owing to their nominal course fees. Students keen on recovering their MBA investment quickly after graduation should target 5–10 top MBA Colleges in Pune for management education. The table below shows the top MBA Colleges in Pune in terms of ROI (Return on Investment):

S.NO

College Name

Average Annual Fees

Average Placement Package

ROI Rank

1

IMED Pune

INR 2,25,000

INR 7,50,000 Per Annum

1

2

SIBM Pune

INR 13,49,000

INR 23,06,000 Per Annum

2

3

Pune Institute of Business Management, Pune

INR 3,97,500

INR 6,00,00 Per Annum

3

4

IIMS Pune

INR 4,50,000

INR 5,50,000 Per Annum

4

5

SCMHRD Pune

INR 11,05,000

INR 6,50,000 Per Annum

5

FAQ (Frequently Asked Questions).


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