Top 20 MBA Colleges in Maharashtra 2024
Explore the top 20 MBA colleges in Maharashtra 2024. Discover the best institutions for your management education, including IIMs, FMS, SPJIMR, and more.
Shivani Kumari13 Apr, 2024
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Top 20 MBA Colleges in Maharashtra 2024: Pursuing a Master of Business Administration (MBA) degree is a common path for those aiming to boost their career prospects, raise their income, and broaden their professional connections. Maharashtra, a state in western India, hosts many MBA colleges that serve the ambitions of students from various backgrounds. These colleges provide diverse specializations and high-quality academic courses, making them a favored option for MBA hopefuls.
Top 20 MBA Colleges in Maharashtra 2024 Overview
In Maharashtra, several prestigious MBA colleges offer quality education and excellent placement opportunities. Here is an overview of the top 20 MBA colleges in Maharashtra for 2024 based on rankings listed below:| Top 20 MBA Colleges in Maharashtra 2024 Highlights | ||
| Rank | College Name | Location |
| 1 | Indian Institute of Technology Bombay (IIT Bombay) | Mumbai |
| 2 | National Institute of Industrial Engineering (NITIE) | Mumbai |
| 3 | Jamnalal Bajaj Institute of Management Studies (JBIMS) | Mumbai |
| 4 | Sydenham Institute of Management Studies, Research & Entrepreneurship Education (SIMSREE) | Mumbai |
| 5 | Prin. L. N. Welingkar Institute of Management Development & Research (WeSchool) | Mumbai |
| 6 | S.P. Jain Institute of Management & Research (SPJIMR) | Mumbai |
| 7 | Tata Institute of Social Sciences (TISS) | Mumbai |
| 8 | IBS-ICFAI | Mumbai |
| 9 | K.J. Somaiya Institute of Management & Research | Mumbai |
| 10 | Narsee Monjee Institute of Management Studies (NMIMS) | Mumbai |
| 11 | Welingkar Institute of Mgt Development & Research | Mumbai |
| 12 | ITM Business School | Mumbai |
| 13 | SDA Bocconi Asia Center | Mumbai |
| 14 | Symbiosis Institute of Business Management (SIBM) | Pune |
| 15 | Symbiosis Center of Management & HRD (SCMHRD) | Pune |
| 16 | Symbiosis Institute of International Business (SIIB) | Pune |
| 17 | Symbiosis Institute of Operations Management (SIOM) | Nashik |
| 18 | Balaji Institute of Modern Management (BIMM) | Pune |
| 19 | ASM-IBMR | Pune |
| 20 | FLAME University | Pune |
Top 20 MBA Colleges in Maharashtra 2024 Eligibility Criteria
The top 20 MBA colleges in Maharashtra for 2024 based on eligibility criteria are:| College Name | Eligibility Criteria | Entrance Exam |
| Indian Institute of Management (IIM), Mumbai | Bachelor's degree or equivalent | CAT score |
| Indian Institute of Technology (IIT), Bombay | Bachelor's degree or equivalent | CAT score |
| Symbiosis Institute of Business Management (SIBM), Pune | Bachelor's degree or equivalent | SNAP score |
| S. P. Jain Institute of Management & Research, Mumbai | Bachelor's degree or equivalent | CAT or GMAT score |
| K. J. Somaiya Institute of Management, Mumbai | Bachelor's degree or equivalent | CAT, XAT, CMAT, GMAT, or NMAT score |
| National Institute of Industrial Engineering (NITIE), Mumbai | Bachelor's degree or equivalent | CAT score |
| Welingkar Institute of Management Development and Research, Mumbai | Bachelor's degree or equivalent | CAT, XAT, CMAT, or GMAT score |
| National Institute of Bank Management (NIBM), Pune | Bachelor's degree or equivalent | CAT or XAT score |
| Institute of Management Technology (IMT), Nagpur | Bachelor's degree or equivalent | CAT, XAT, CMAT, or GMAT score |
| Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai | Bachelor's degree or equivalent | CAT score |
| Tata Institute of Social Sciences (TISS), Mumbai | Bachelor's degree or equivalent | TISSNET score |
| Pune University, Pune | Bachelor's degree or equivalent | PUMAT score |
| Mumbai University, Mumbai | Bachelor's degree or equivalent | MUMAT score |
| Narsee Monjee Institute of Management Studies (NMIMS), Mumbai | Bachelor's degree or equivalent | NMAT score |
| Amity University, Mumbai | Bachelor's degree or equivalent | JEE Main, CAT, CUET, or Amity Entrance Exam score |
| Maharashtra Institute of Technology (MIT), Pune | Bachelor's degree or equivalent | MAH CET score |
| Amravati University, Amravati | Bachelor's degree or equivalent | MAT score |
| D. Y. Patil University, Navi Mumbai | Bachelor's degree or equivalent | CAT, XAT, CMAT, or ATMA score |
| Bharati Vidyapeeth University, Pune | Bachelor's degree or equivalent | MAT score |
| Shivaji University, Kolhapur | Bachelor's degree or equivalent | MAT score |
Top 20 MBA Colleges in Maharashtra 2024 Admission Process
The admission process for the top 20 MBA colleges in Maharashtra in 2024 typically involves clearing the MAH MBA CET exam, registering for the Centralised Admission Process (CAP), meeting the cutoff scores set by the colleges, and completing the admission formalities at the allotted college. These colleges accept scores from exams like CAT, XAT, CMAT, and MAH CET. Some of the top MBA colleges in Maharashtra include:- Jamnalal Bajaj Institute of Management Studies, Mumbai
- Sydenham Institute of Management Studies & Research, Mumbai
- Prin. L. N. Welingkar Institute of Management Development & Research, Mumbai
- Bombay St. Xavier College Soc.'s Xavier Institute of Management & Research, Mumbai
- S.I.E.S. College of Management Studies, Mumbai
- Department of Management Sciences (PUMBA), University of Pune
- Chetana's Ramprasad Khandelwal Institute of Management & Research, Mumbai
- MET's Institute of Management, Mumbai
- Indira College of Engineering & Management, Pune
- Lala Lajpatrai Institute of Management, Mumbai
- Rizvi Institute of Management Studies & Research, Mumbai
- Vivekanand Education Society's Institute of Management Studies & Research, Mumbai
- Shailesh J. Mehta School of Management, IIT Bombay, Mumbai
- IIM Mumbai (NITIE)
- Department of Management Science, Savitribai Phule Pune University (PUMBA)
- International Institute of Management Studies (IIMS), Pune
- Department of Commerce and Management, Shivaji University, Kohlapur
- K J Somaiya Institute of Management, Mumbai
- International Institute of Management Studies (IIMS), Pune
- Lexicon MILE - Management Institute of Leadership and Excellence, Pune
Top 20 MBA Colleges in Maharashtra 2024 Selection Process
The top 20 MBA colleges in Maharashtra in 2024 listed below. The selection process for MBA colleges in Maharashtra typically involves the following steps:- Eligibility Criteria: Candidates must have completed a bachelor's level of education in any field from a recognized higher educational institute of India.
- Management Aptitude Examination: Candidates must clear a management aptitude examination at either the national, state, or university level. Some of the commonly accepted entrance examinations in the top MBA colleges and institutes of Maharashtra include CAT, XAT, CMAT, GMAT, and MAH CET.
- Counseling: After the declaration of the results, counseling is conducted by the Directorate of Technical Education (DTE), Maharashtra, for admission to all the MBA colleges in Maharashtra.
- Merit List: DTE prepares a merit list of candidates separately for Maharashtra State and All India Category candidates after each CAP round.
- Document Verification: Candidates must verify their documents and confirm their admission at the respective college/ARC within the specified time frame.
Top 20 MBA Colleges in Maharashtra 2024 Average Fees
The average MBA course fees in top MBA colleges in Maharashtra generally range between INR 10 - 20 lakhs. However, these fees can vary based on factors like the institute's reputation and the duration of the course. For example, MBA courses from prestigious IIMs may cost around INR 20-30 lakhs.| Top 20 MBA Colleges in Maharashtra 2024 Average | ||
| Rank | College Name | Average Fees (INR) |
| 1 | SIMSREE Mumbai: Sydenham Institute of Management Studies And Research And Entrepreneurship | 1,34,000 |
| 2 | BVIMSR Mumbai: Bharati Vidyapeeth's Institute of Management Studies & Research | 4,50,000 |
| 3 | Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth, Pune | 4,50,000 |
| 4 | Sancheti Group of Institutions, Pune | 90,000 |
| 5 | NMIMS Global Access School for Continuing Education (NGA-SCE) | 76,000 |
| 6 | IIT Bombay - Indian Institute of Technology | 50,400 |
| 7 | Thakur Institute of Management Studies and Research | 63,791 |
Note: The SNAP Batch by Physics Wallah is a live marathon session organized by PW MBA Online Coaching focusing on Quantitative Ability and Logical Reasoning for the SNAP 2024 exam. Stay updated and enhance your preparation by following our official Law channel on YouTube. It's a key resource for a successful journey in preparing for the SNAP 2024 exam.
Top 20 MBA Colleges in Maharashtra 2024 FAQs
What are the top MBA colleges in Maharashtra for 2024?
Some of the top MBA colleges in Maharashtra for 2024 include IIM Ahmedabad, IIM Bangalore, IIM Calcutta, and SIBM Pune.
How are these colleges ranked?
These colleges are ranked based on various factors such as faculty expertise, infrastructure, placement records, and industry reputation.
What are the average fees for MBA programs in these colleges?
The average fees for MBA programs in these colleges range from INR 1,00,000 to INR 30,00,000 depending on the institute and specialization.
What entrance exams are required for admission to these colleges?
Entrance exams like CAT, XAT, GMAT, and SNAP are commonly required for admission to these MBA colleges.
What are the career prospects after completing an MBA from these colleges?
Graduates from these top MBA colleges have excellent career prospects, with opportunities in various industries such as finance, consulting, marketing, and entrepreneurship.
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