Maharashtra, India

Best MBA Colleges in Maharashtra

9 MBA colleges in Maharashtra, listed by NIRF rank. They are spread across 3 cities, including Mumbai, Pune and Nagpur. Total fees run from ₹15.15 L to ₹28 L. Admission is through CAT, SNAP, GMAT, NMAT and XAT. Every figure carries its source and year on the college’s page. Check with the college before you apply.

9 MBA colleges in Maharashtra

NIRF #6 · 2025Aptitude360 score 7.4/10
Government
Indian Institute of Management Mumbai
Mumbai, Maharashtra
- AACSB
- AMBA
- EQUIS
Master of Business Administration (MBA) · 2 Years
Headline programme · 1 of 3
Total fee
₹25 L
Avg CTC 2025
₹30.45 LPAaveraged across programmes
Est. call cutoff CAT 95 %ile
Accepts CAT
100% placed
NIRF #11 · 2025Aptitude360 score 6.2/10
Deemed University
Symbiosis Institute of Business Management
Pune, Maharashtra
- AACSB
- NAAC A++
Master of Business Administration (MBA) · 2 Years
Headline programme · 1 of 2
Total fee
₹28 L
Avg CTC 2025
₹25.95 LPAaveraged across programmes
Est. call cutoff SNAP 98 %ile
Accepts SNAP
100% placed
NIRF #14 · 2025Aptitude360 score 7.2/10
Government
SJM School of Management, IIT Bombay
Mumbai, Maharashtra
- AACSB
- NBA
Master of Business Administration (MBA) · 2 Years
Total fee
₹15.15 L
Avg CTC 2025
₹28.16 LPA
Est. call cutoff CAT 94 %ile
Accepts CAT
100% placed
NIRF #20 · 2025Aptitude360 score 7.2/10
Autonomous
S. P. Jain Institute of Management and Research
Mumbai, Maharashtra
- AACSB
- AMBA
- NBA
Post Graduate Diploma in Management (PGDM) · 2 Years
Total fee
₹22.66 L
Avg CTC 2025
₹33 LPA
Est. call cutoff CAT 90 %ile
Accepts CAT, GMAT
100% placed
NIRF #24 · 2025Aptitude360 score 6.2/10
Deemed University
SVKM's Narsee Monjee Institute of Management Studies
Mumbai, Maharashtra
- AACSB
- NAAC A+
- NBA
Master of Business Administration (MBA) · 2 Years
Headline programme · 1 of 5
Total fee
₹27 L
Avg CTC 2025
₹24.06 LPAaveraged across programmes
Accepts NMAT
100% placed
NIRF #25 · 2025Aptitude360 score 5.9/10
Government
Indian Institute of Management Nagpur
Nagpur, Maharashtra
- AACSB
- NBA
Post Graduate Programme in Management (PGP) · 2 Years
Headline programme · 1 of 2
Total fee
₹18.9 L
Avg CTC 2025
₹16.67 LPAaveraged across programmes
Est. call cutoff CAT 95 %ile
Accepts CAT
100% placed
NIRF #65 · 2025Aptitude360 score 3.8/10
Private
K. J. Somaiya Institute of Management
Mumbai, Maharashtra
- AACSB
- NBA
Master of Business Administration (MBA) · 2 Years
Headline programme · 1 of 6
Total fee
₹23.97 L
Avg CTC 2025
₹12.32 LPAaveraged across programmes
Est. call cutoff CAT 86 %ile
Accepts CAT, XAT, CMAT, GMAT +4 more
100% placed
NIRF #75 · 2025Aptitude360 score 5.4/10
Autonomous
Prin. L. N. Welingkar Institute of Management
Mumbai, Maharashtra
- AACSB
- NBA
Post Graduate Diploma in Management (PGDM) · 2 Years
Headline programme · 1 of 8
Total fee
₹17 L
Avg CTC 2025
₹12.06 LPAaveraged across programmes
Est. call cutoff CAT 80 %ile
Accepts CAT, XAT, CMAT, GMAT +1 more
100% placed
NIRF #99 · 2025Aptitude360 score 4.2/10
Autonomous
Institute of Management Technology
Nagpur, Maharashtra
- AACSB
- NBA
Post Graduate Diploma in Management (PGDM) · 2 Years
Headline programme · 1 of 3
Total fee
₹17 L
Avg CTC 2025
₹10.8 LPAaveraged across programmes
Est. call cutoff CAT 70 %ile
Accepts CAT, XAT, CMAT, GMAT
98% placed

MBA colleges in Maharashtra: questions answered

Answered from the figures in our college directory.

Which are the best MBA colleges in Maharashtra?

Indian Institute of Management Mumbai, Symbiosis Institute of Business Management, SJM School of Management, IIT Bombay, S. P. Jain Institute of Management and Research and SVKM's Narsee Monjee Institute of Management Studies, among others. They are listed by NIRF rank, with unranked colleges after the ranked ones.

How many MBA colleges are there in Maharashtra?

Aptitude360's college directory lists 9 MBA colleges in Maharashtra: 3 autonomous, 3 government, 2 deemed university and 1 private.

Which cities in Maharashtra have MBA colleges?

Mumbai (6), Nagpur (2) and Pune (1).

What is the fee for an MBA in Maharashtra?

Total programme fees range from ₹15.15 L at SJM School of Management, IIT Bombay to ₹28 L at Symbiosis Institute of Business Management. The figure is the headline programme’s fee for its latest published year; check with the college, as fees change every year.

Which entrance exams do MBA colleges in Maharashtra accept?

CAT (7 colleges), GMAT (4 colleges), CMAT (3 colleges), XAT (3 colleges), ATMA (2 colleges) and NMAT (2 colleges).

Which MBA college in Maharashtra has the highest average package?

S. P. Jain Institute of Management and Research, with an average CTC of ₹33 LPA for the 2025 batch.

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