Best MBA Colleges in Maharashtra with High ROI 2026 (List)
The best MBA College in Maharashtra with high Return On Investment (ROI) is Symbiosis Institute of Business Management, Symbiosis International, Pune.
Key Highlights of Best MBA Colleges in Maharashtra (List) 2026
Return on Investment (ROI) is the aspect which shows how much profit or benefit you will get from pursuing MBA. In Simple words ROI is the comparison between fees vs salary. The ROI is calculated by dividing the fees they pay with the placement they get in the final year.
Maharashtra is the best destination for MBA where students get the best ROI. Maharashtra has many colleges which give the best placement packages.
Find below the key highlights of the best MBA
| Particulars | Details |
|---|---|
| No. of Colleges | The Total No.of Colleges in Maharashtra is 618+ |
| Total MBA/PGDM Fees | Starting range - Ending range (50,000 - 25,00,000) |
| Top MBA Specializations | Finance, Sales & Marketing, Human Resource, Business Analytics, etc. |
| Accepted Management Entrance Exams | CAT, MAT, XAT, CMAT, MAH CET, etc. |
- Top MBA
- Top MBA colleges in Maharashtra primarily admit students through management entrance exams like CAT, MAT, XAT, NMAT, CMAT and GMAT.
- The average annual fees for MBA/PGDM programs at top MBA colleges in Maharashtra range from INR 50,000 to INR 30,00,000, depending on the institution.
- Some of the best MBA colleges in Maharashtra with low fees include
- The average packages for MBA/PGDM programs at top MBA colleges in Maharashtra range from INR 50,000 to INR 30,00,000 depending on the institution.
List of 5 Best MBA Colleges in Maharashtra with Good ROI
In Maharashtra there are hundreds of MBA colleges. Here, we have curated the list of the Best B-schools with good ROI which you can aim for, if you are looking for top MBA colleges in Maharashtra.
Refer to the table below to know the best MBA fees in Maharashtra and average placement package:
| Institute Name | Total Tuition Fees | Average Package |
|---|---|---|
| Symbiosis Institute of Business Management, Symbiosis International, Pune | ₹24.2 Lakhs | ₹24 Lakhs Per Annum |
| NMIMS School of Business Management, Mumbai | ₹13 - 25 Lakhs | ₹25.13 Lakhs Per Annum |
| S.P. Jain Institute of Management and Research, Mumbai | ₹9.5 - 25 Lakhs | ₹24.89 - 30.46 Lakhs Per Annum |
| NMIMS, Mumbai | ₹25 Lakhs | ₹19.2 Lakhs Per Annum |
| K J Somaiya Institute of Management | ₹17.29 Lakhs | ₹10.25 Lakhs Per Annum |
Symbiosis Institute of Business Management, Symbiosis International, Pune
Symbiosis Institute of Business Management, Symbiosis International, Pune was founded in 1978. Symbiosis Institute of Business Management, Symbiosis International, Pune is one of the most reputed MBA colleges in Maharashtra. It is consistently ranked among the top 10 premier B-schools in the country.
The average package offered is ₹24 Lakhs Per Annum and the fees for MBA is ₹24.2 Lakhs.
Symbiosis Institute of Business Management, Symbiosis International, Pune accepts various MBA entrance exams like MAH CET, SNAP,
- Fees: ₹24.2 Lakhs
- Average Package: ₹24 Lakhs Per Annum
- Highest Package: INR 35.05 Lakhs Per Annum
- Ownership type: Private
NMIMS School of Business Management, Mumbai
NMIMS School of Business Management, Mumbai was founded in 1981. NMIMS School of Business Management, Mumbai is one of the most reputed MBA colleges in Maharashtra. It is consistently ranked among the top 10 premier B-schools in the country.
The average package offered is ₹25.13 Lakhs Per Annum and the fees for MBA is ₹13 - 25 Lakhs.
NMIMS School of Business Management, Mumbai accepts various MBA entrance exams like NMAT
- Fees: ₹13 - 25 Lakhs
- Average Package: ₹25.13 Lakhs Per Annum
- Highest Package: ₹67.7 Lakhs Per Annum
- Ownership type: Private
S.P. Jain Institute of Management and Research, Mumbai
S.P. Jain Institute of Management and Research, Mumbai was founded in 1981. S.P. Jain Institute of Management and Research, Mumbai is one of the most reputed MBA colleges in Maharashtra. It is consistently ranked among the top 10 premier B-schools in the country.
The average package offered is ₹24.89 - 30.46 Lakhs Per Annum and the fees for MBA is ₹9.5 - 25 Lakhs.
S.P. Jain Institute of Management and Research, Mumbai accepts various MBA entrance exams like CAT,
- Fees: ₹9.5 - 25 Lakhs
- Average Package: ₹24.89 - 30.46 Lakhs Per Annum
- Highest Package: INR 67.50 Lakhs Per Annum
- Ownership type: Private
NMIMS, Mumbai
NMIMS, Mumbai was founded in . NMIMS, Mumbai is one of the most reputed MBA colleges in Maharashtra. It is consistently ranked among the top 10 premier B-schools in the country.
The average package offered is ₹19.2 Lakhs Per Annum and the fees for MBA is ₹25 Lakhs.
NMIMS, Mumbai accepts various MBA entrance exams like NMAT
- Fees: ₹25 Lakhs
- Average Package: ₹19.2 Lakhs Per Annum
- Highest Package: INR 67.80 Lakhs Per Annum
- Ownership type: Private
K J Somaiya Institute of Management
K J Somaiya Institute of Management was founded in 1981. K J Somaiya Institute of Management is one of the most reputed MBA colleges in Maharashtra. It is consistently ranked among the top 10 premier B-schools in the country.
The average package offered is ₹10.25 Lakhs Per Annum and the fees for MBA is ₹17.29 Lakhs.
K J Somaiya Institute of Management accepts various MBA entrance exams like MAH CET, CAT, CMAT, XAT, NMAT,
- Fees: ₹17.29 Lakhs
- Average Package: ₹10.25 Lakhs Per Annum
- Highest Package: INR 25.96 Lakhs Per Annum
- Ownership type: Private
Comparison of Top 5 MBA Colleges In Maharashtra with Good ROI
| Top MBA College Name | Duration of the Program | NIRF Ranking | Total MBA Program Fees (INR) | Average Salary after MBA (INR) |
|---|---|---|---|---|
| Symbiosis Institute of Business Management, Symbiosis International, Pune | 2-Year | #13 NIRF | ₹24.2 Lakhs | ₹24 Lakhs Per Annum |
| NMIMS School of Business Management, Mumbai | 2-Year | #21 NIRF | ₹13 - 25 Lakhs | ₹25.13 Lakhs Per Annum |
| S.P. Jain Institute of Management and Research, Mumbai | 2-Year | #20 NIRF | ₹9.5 - 25 Lakhs | ₹24.89 - 30.46 Lakhs Per Annum |
| NMIMS, Mumbai | 2-Year | ₹25 Lakhs | ₹19.2 Lakhs Per Annum | |
| K J Somaiya Institute of Management | 2-Year | #63 NIRF | ₹17.29 Lakhs | ₹10.25 Lakhs Per Annum |
| IIM Nagpur - Indian Institute of Management | 2-Year | #31 NIRF | ₹18.9 Lakhs | ₹15.42 Lakhs Per Annum |
| Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai | 2-Year | #84 NIRF | ₹94.4 Thousand - 14 Lakhs | ₹9 Lakhs Per Annum |
| National Institute of Bank Management | 2-Year | #91 NIRF | ₹13.72 Lakhs | ₹10.5 Lakhs Per Annum |
| Pune Institute of Business Management | 2-Year | #101-125 NIRF | ₹8.75 - 30 Lakhs | ₹7.1 Lakhs Per Annum |
| IMT Nagpur - Institute of Management Technology | 2-Year | #101-125 NIRF | ₹13.77 Lakhs | ₹9.6 Lakhs Per Annum |
This article will discuss about more Management institutes in Maharashtra with good ROI or MBA colleges in Maharashtra with Good ROI-
- Best MBA Colleges in Maharashtra with NIRF Ranking 2024
- List of MBA Colleges in Maharashtra with Good ROI
- What is the Fee for Top B-Schools in Maharashtra?
- What Are the Placement Highlights of MBA Colleges in Maharashtra?
- What are the Eligibility Criteria for the best MBA Colleges in Maharashtra?
- What Is the Admission Process for Best MBA Colleges in Maharashtra?
- Find CAT Coaching Institute in Maharashtra
Best MBA Colleges in Maharashtra with NIRF Ranking 2025
The top MBA colleges in Maharashtra are ranked by the National Institutional Ranking Framework (NIRF) for 2024. Each year, NIRF analyzes institutions based on key parameters such as infrastructure, placements, and faculty, with rankings reflecting annual performance changes.
The below table shows the Maharashtra Management institutes along with NIRF ranking of 2024 and 2023:
| College Names | NIRF 2024 | NIRF 2023 |
|---|---|---|
| Symbiosis Institute of Business Management, Symbiosis International, Pune | N/A | #13 NIRF |
| NMIMS School of Business Management, Mumbai | N/A | #21 NIRF |
| S.P. Jain Institute of Management and Research, Mumbai | N/A | #20 NIRF |
| NMIMS, Mumbai | N/A | |
| K J Somaiya Institute of Management | N/A | #63 NIRF |
What is the Fee for Top B-Schools in maharashtra?
The management institutes in maharashtra are cost-effective and offer excellent placement opportunities to their students.
Below is a list of top B-Schools in maharashtra along with their fee structure and NIRF ranking for 2023:
| B-Schools | Total Program fee | NIRF Ranking(2023) |
|---|---|---|
| Symbiosis Institute of Business Management, Symbiosis International, Pune | ₹24.2 L | #13 NIRF |
| NMIMS School of Business Management, Mumbai | ₹13 - 25 L | #21 NIRF |
| S.P. Jain Institute of Management and Research, Mumbai | ₹9.5 - 25 L | #20 NIRF |
| NMIMS, Mumbai | ₹25 L | |
| K J Somaiya Institute of Management | ₹17.29 L | #63 NIRF |
| IIM Nagpur - Indian Institute of Management | ₹18.9 L | #31 NIRF |
| Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai | ₹94.4 K - 14 L | #84 NIRF |
| National Institute of Bank Management | ₹13.72 L | #91 NIRF |
The total tuition fee for the Symbiosis Institute of Business Management, Symbiosis International, Pune MBA Program is ₹24.2 L. among the top 100 MBA/PGDM colleges in India in NIRF.
NMIMS School of Business Management, Mumbai is ranked 2nd in the Management category by NIRF, and its MBA program fee is INR 10.50 L.
The total tuition fee for the MBA/PGDM program of the Institute of Management, S.P. Jain Institute of Management and Research, Mumbai is ₹9.5 - 25 L.
What Are the Placement Highlights of MBA Colleges in maharashtra?
The top MBA colleges in maharashtra boast impressive placement records.
Symbiosis Institute of Business Management, Symbiosis International, Pune had an average package of ₹24 LPA and the highest package of INR 35.05 LPA.
Which MBA College Offers the Highest Salary Packages in maharashtra?
- Symbiosis Institute of Business Management, Symbiosis International, Pune - INR 35.05 LPA
- NMIMS School of Business Management, Mumbai - ₹67.7 LPA
- S.P. Jain Institute of Management and Research, Mumbai - INR 67.50 LPA
- NMIMS, Mumbai - INR 67.80 LPA
- K J Somaiya Institute of Management - INR 25.96 LPA
- IIM Nagpur - Indian Institute of Management - INR 64 LPA
- Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai - INR 40 LPA
Average Salaries for MBA Graduates in maharashtra
- Symbiosis Institute of Business Management, Symbiosis International, Pune - ₹24 LPA
- NMIMS School of Business Management, Mumbai - ₹25.13 LPA
- S.P. Jain Institute of Management and Research, Mumbai - ₹24.89 - 30.46 LPA
- NMIMS, Mumbai - ₹19.2 LPA
- K J Somaiya Institute of Management - ₹10.25 LPA
- IIM Nagpur - Indian Institute of Management - ₹15.42 LPA
- Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai - ₹9 LPA
What are the Eligibility Criteria for the best MBA Colleges in maharashtra?
To get admission into the Top MBA institutes in maharashtra the candidates must meet the eligibility criteria given below -
- Bachelor's Degree: The candidates must have a bachelor's degree from a reputable institution with a minimum of 50% Marks.
- Reservations: Candidates with reservations should have an overall qualifying score of at least 45%.
- Final-Year Students: The final-year students can also apply for admission but must be able to submit the completion certificate within the mentioned time.
- Preference for Experienced Candidates: Experienced candidates are given preference throughout the MBA selection process in the top B-Schools in maharashtra.
What Is the Admission Process for Best MBA Colleges in maharashtra?
The MBA admission process starts with the registration of Management entrance exams for MBA Colleges in maharashtra.
- The first step in the admission process for MBA Colleges in maharashtra is the MBA entrance test registration such as CAT, XAT, CMAT, MAT, and others.
- The second step is to apply for MBA/PGDM admission to the top institutions in maharashtra.
- The third step is to review the eligibility requirements of the best management institutes in maharashtra.
- Finally, after selecting the best universities, review the cutoff list and prepare for GD and PI.
- The final step will be to pay the fee.
