Looking for the Best College? Check Out the Most Popular MBA Colleges in Maharashtra

10 BEST MBA/PGDM in Human Resources Colleges in Maharashtra (List)

Key Features of the Best Government MBA Colleges in Maharashtra (2026)

The Salient Features of Government MBA/PGDM Programs in Maharashtra Are Listed Below:

Category Details
Total Government MBA Colleges In Maharashtra The Total No.of Colleges in Maharashtra is 618+
Top MBA/PGDM Specializations Finance, Sales & Marketing, Human Resource, Business Analytics, etc.
Accepted Management Entrance Exams CAT, MAT, XAT, CMAT, MAH CET, etc.

List of 10 Best Government MBA Colleges in Maharashtra

In Maharashtra, there are hundreds of MBA colleges. Here, we have curated the list of the Best B-schools you can aim for if you are looking for top Government MBA colleges in Maharashtra.

Best MBA Colleges Exams Accepted Total Tuition Fees Average Package
IIM Nagpur - Indian Institute of Management CAT, ₹18.9 Lakhs ₹15.42 Lakhs Per Annum
Department of Management Sciences, Pune University (PUMBA) MAH CET, CAT, CMAT, MAT, XAT, ATMA, GMAT, ₹1.29 - 1.52 Lakhs ₹5 Lakhs Per Annum
Shailesh J. Mehta School of Management, IIT Bombay MAH CET, CAT, JEE Main, JEE Advanced, ₹8 - 20 Lakhs ₹25.76 - 26.64 Lakhs Per Annum
University of Mumbai [MU] MAH CET, CAT, CMAT, MAT, XAT, GMAT, ATMA, 3.2
TISS - Tata Institute of Social Sciences, Mumbai
Indian Institute of Management Mumbai CAT, ₹14 Lakhs ₹28 Lakhs Per Annum
BSE Institute Limited, Mumbai CAT, MAT, NMAT, ₹2.06 - 6.93 Lakhs ₹3 - 4 Lakhs Per Annum
NIT Durgapur - national Institute of Technology CAT, CMAT, MAT, XAT, ₹1.5 Lakhs ₹8.15 Lakhs Per Annum
College of Engineering, Pune MAH CET, CAT, CMAT, MAT, XAT, ATMA, ₹3.3 Lakhs ₹6.96 Lakhs Per Annum
Sasmira`s Institute of Management Studies and Research MAH CET, CAT, CMAT, MAT, XAT, ATMA, ₹3.98 Lakhs ₹5.12 Lakhs Per Annum

Admission Process for MBA Programs in Maharashtra

The MBA admission process starts with the registration of management entrance exams for top Government MBA Colleges in Maharashtra.

  • The first step in the admission process for top Government MBA Colleges in Maharashtra is the MBA entrance test registration, such as for CAT, , MAH CET.
  • Top MBA colleges in Maharashtra accepting CAT, , MAH CET include: IIM Nagpur - Indian Institute of Management, Department of Management Sciences, Pune University (PUMBA), Shailesh J. Mehta School of Management, IIT Bombay, University of Mumbai [MU], TISS - Tata Institute of Social Sciences, Mumbai,
  • The second step is to apply for MBA/PGDM admission to these top institutions in Maharashtra.
  • The third step is to review the eligibility requirements of the best government management institutes in Maharashtra.
  • After selecting the best colleges, check the cutoff list and prepare for Group Discussion (GD) and Personal Interview (PI) rounds.
  • The final step is to confirm your admission by paying the required fees.

Importance of CAT Coaching in MBA Admissions

For admission to top MBA colleges in Maharashtra, such as Symbiosis Institute of Business Management, Symbiosis International, Pune, NMIMS School of Business Management, Mumbai, S.P. Jain Institute of Management and Research, Mumbai, NMIMS, Mumbai , a good CAT score is crucial. ChunoCollege provides a list of The Top CAT coaching institutes in Maharashtra to help you prepare effectively for the CAT exam.

Eligibility Criteria for the Best Government MBA Colleges in Maharashtra

  • A Bachelor's degree in any discipline with at least 50% marks (45% for reserved categories).
  • Valid scores in management entrance exams like CAT or GMAT.
  • Some institutions also conduct Group Discussions (GD) and Personal Interviews (PI) as part of the selection process.

NIRF Rankings of the Best MBA Colleges in Maharashtra

Colleges are ranked based on parameters such as perception, research output, placements, and overall quality of education by the National Institutional Ranking Framework (NIRF). Below is a comparison of the top Government MBA colleges in Maharashtra as per the NIRF rankings from the past three years:

B-School Name NIRF Ranking 2024 NIRF Ranking 2023 NIRF Ranking 2022

Return on Investment (ROI): Comparing Fees and Salary Packages

Choosing an MBA college involves evaluating tuition costs against expected salary packages. The top MBA Colleges with high ROI are listed below:

College Name Total Tuition Fee Average/Median Package
Symbiosis Institute of Business Management, Symbiosis International, Pune, MBA ₹24.2 Lakhs ₹24 Lakhs Per Annum
NMIMS School of Business Management, Mumbai, MBA ₹13 - 25 Lakhs ₹25.13 Lakhs Per Annum
S.P. Jain Institute of Management and Research, Mumbai, MBA ₹9.5 - 25 Lakhs ₹24.89 - 30.46 Lakhs Per Annum
NMIMS, Mumbai, MBA ₹25 Lakhs ₹19.2 Lakhs Per Annum
K J Somaiya Institute of Management, MBA ₹17.29 Lakhs ₹10.25 Lakhs Per Annum
IIM Nagpur - Indian Institute of Management, MBA ₹18.9 Lakhs ₹15.42 Lakhs Per Annum
Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai, MBA ₹94.4 Thousand - 14 Lakhs ₹9 Lakhs Per Annum
National Institute of Bank Management, MBA ₹13.72 Lakhs ₹10.5 Lakhs Per Annum
Pune Institute of Business Management, MBA ₹8.75 - 30 Lakhs ₹7.1 Lakhs Per Annum
IMT Nagpur - Institute of Management Technology, MBA ₹13.77 Lakhs ₹9.6 Lakhs Per Annum

Popular MBA Specializations in Maharashtra

To assist students in becoming experts in a variety of management fields, MBA schools in Maharashtra provide a wide choice of specializations. With the ability to meet various market demands, these specializations enable students to pursue careers in their chosen fields. The top MBA specializations in Maharashtra are shown below, along with the number of universities that offer them:

Top Specializations Number of Colleges Offering
Sales & Marketing17
Finance17
Human Resources (HR)16
IT & Systems12
Operations11
International Business9

Career Growth After an MBA from Maharashtra

Obtaining an MBA from a good university gives entry to an extensive variety of job alternatives in numerous industries. Graduates land jobs in marketing, operations, IT, consulting, finance, and other fields, wherein employers provide competitive pay and room for development. Career trajectories are mostly determined by the expertise selected, with consulting, marketing, and finance being some of the most lucrative industries. An extensive summary of employment options following an MBA from Maharashtra can be found below:

Career Path Industry & Roles Top Hiring Companies
Investment Banking & Financial Services Finance Managers, Investment Bankers, Risk Analysts JP Morgan, Goldman Sachs, HDFC Bank
Consulting & Strategy Roles Business Consultants, Strategy Analysts Deloitte, EY, KPMG
Tech Management & IT Consulting IT Consultants, Business Analysts, Product Managers Infosys, TCS, Wipro
Marketing & Digital Strategy Digital Marketers, Brand Managers, Market Analysts Amazon, Unilever, Flipkart
Operations & Supply Chain Management Logistics Managers, Procurement Specialists Tata Motors, Reliance, DHL

Comparison of the Top 5 Government MBA Colleges In Maharashtra

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

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What is the Fee for Top Human Resources MBA colleges 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 in Human Resources Colleges in Maharashtra?

The top Human Resources MBA colleges in Maharashtra boast impressive placement records.

BCET - Bangalore College of Engineering and Technology 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

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

MBA Colleges in Maharashtra By Specialization

  • Sales and Marketing
  • Finance
  • Human Resources
  • Operations
  • IT and Systems

Get the Best mba Coaching Institutes in Maharashtra

For admission to top MBA colleges in Maharashtra, such as Institute of Management Technology, Hyderabad UoH - University of Hyderabad national Institute of Agricultural Extension Management (MANAGE) IPE Hyderabad - Institute of Public Enterprise , a high CAT score is crucial.ChunoCollege provides a list of the top 10 CAT coaching institutes in Maharashtra to help you prepare effectively for the CAT exam with the best resources.

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