Top 20 MBA Colleges in Pune

Pune, better known as ‘Oxford of East’ since the last many years due to the revolution, the city witnessed in the field of education. Pune is a city that provides students with a large variety of courses to choose from! Being a hub of management education, Pune has many top MBA colleges with low fees.
Pune is the 8th largest metropolis in India and has the sixth highest per capita income in the country. The city has a great history and is famous for the great Maratha king Shivaji Maharaj.
Surrounded by the Sahyadri Hills, Pune is a growing industrial and urban hub in the western Indian state of Maharashtra. However, a growing cosmopolitan culture in Pune and a strong public and private infrastructure has made Pune city an attractive destination for people from all the major urban centers of India.
Pune consists of many best MBA colleges, but apart from this what are the other things that make you choose Pune as your destination for studying MBA.
Why MBA in Pune?
- Specializations in retail, banking, health, financial services, consulting, manufacturing, ITES and in other related domains are available in Pune.
- Pune city has a historical significance.
- There are quite a few prestigious colleges in Pune that enhance the growth and diversity of the city.
- Best possible opportunities in the fields of research and innovations of technology.
- From L’Oreal to Colgate and from Bajaj to L&T, the students get the most esteemed placements ever possible for any MBA student in Pune.
- Students can easily find accommodation on a shared basis or in the hostels or private flats
- All the amenities are available at affordable prices.
- Also, the city is safe for girls as well as boys students. The city is quite safer than its neighbour city, Mumbai.
Deciding Factors While Choosing an MBA College
When choosing any college for higher studies the important things you will look at will include its ranking, quality of education, faculties, validity of the degree, placement opportunities after you complete the course, and so on!
- Management colleges in Pune are ranked below as top MBA colleges based on different criterias such as cut off, NIRF ranking, placement and return on investment.
- These are some of the main deciding factors which will help you choose your dream MBA college in Pune!
Top MBA Colleges in Pune with their Cut off
- MBA colleges in Pune have a range of 60 to 95+ percentile cut off in various entrance exams like CAT, IBSAT (ICFAI Business School Aptitude Test), GMAT, XAT, SNAP, CMAT, MAT, ATMA, MAH CET for shortlisting.
- SIBM Pune and SCMHRD Pune accept only SNAP exam scores with high cut offs in the range of 90-95 percentile.
You can take a look at top 10 MBA colleges in Pune according to their cut off percentile:
Top MBA Colleges | Cut off Percentile |
95-97 (SNAP only) | |
Symbiosis Center For Management And Human Resource Development (SCMHRD) | 93-95 (SNAP only) |
85-90 (MAH CET & others) | |
Balaji Institute of Modern Management (BIMM) Pune | 75-80 |
International School of Business and Media (ISB&M) Pune | 75-80 |
MIT School of Business - MITSOB Pune | 70-75 |
70-75 | |
Lexicon Management Institute of Leadership Excellence, Pune | 65-70 |
70-75 | |
MITCON Institute of Management (MITCON) Pune | 60-65 |
International School of Management Research (ISMR) Pune | 60-65 |
Top Management Colleges in Pune as per NIRF Ranking
What is NIRF Ranking?
- The National Institutional Ranking Framework (NIRF) is popularly known as NIRF was set live for the first time in 2015 by MHRD (Ministry of Human Resource and Development).
- This NIRF system uses several parameters and sub-parameters to rank various institutions of the nation in a variety of academic hubs.
- Few of the parameters that are taken into consideration during the methodology to announce the rankings are availability of learning resources to all students, the kind of career options that placement provided by the institution offers to students, engagement of faculty, and the scope to do research in any specialized field of study.
- It is a moment of pride for Pune that, this year, NIRF included four MBA colleges from Pune in the list of Top 100 MBA Colleges in India and they are:
College Name | NIRF Rank |
Symbiosis Institute of Business Management | 22 |
Institute of Management and Entrepreneurship, Bharati Vidyapeeth | 63 |
BIMHRD, Sri Balaji University | 76-100 |
76-100 |
Top MBA Colleges in Pune According to their Placement
- It is a very obvious thing that every student wants to be financially independent after a certain age and that too at his or her own level of satisfaction.
- There are many best colleges for MBA in Pune that offer nearly a hundred percent guarantee of a decent placement.
- Many recruiters come here and hire some of the brilliant brains in the country.
- Previous years’ placement report of the top management colleges in Pune states that following are some of the colleges that have excellent placement records for MBA students and they place them in some of the best organizations in India or in the world.
- The average package offered to students of SCMHRD is 13.24 LPA (Lakhs per annum).
Some of the best MBA colleges in Pune are mentioned in the list below based on their placement rankings:
Name of the college | Placement Rating (based on reviews) | Top Recruiters |
BIMHRD, Sri Balaji University, Pune | 4.5 | -Asian Paints -Aditya Birla Group -CCD -Godrej -Radio Mirchi -TATA -Reliance -Blue Star |
SIBM, Pune | 4.4 | -Amazon -Aditya Birla Group -Microsoft -Axis Bank -Cognizant -Infosys -Hindustan Unilever |
FLAME University, Pune | 4.3 | -Berger Paints -Federal Bank -TCS -Viacom 18 -ITC Hotels -Godrej and Boyce -Radio Mirchi |
UNIPUNE - Savitribai Phule Pune University, Pune | 4.1 | -Amazon -Veritas -Arvind Internet Limited -CyberSponse -Thermax -Content Sphere |
Institute of Management Entrepreneurship Development, Bharati Vidyapeeth, Pune | 4.0 | -ICICI -IDFC -Wipro -Reliance Industries Limited -Axis Bank |
Top Private MBA Colleges in Pune (Based on ROI Offered by them)
- Candidates always want to excel in their academic career and it is very obvious.
- You must look for a salary that suits your abilities along with the post or the reputation that you are getting in a company.
- Thus, return on Investment, well known as ROI, becomes an important factor by which the credibility and profitability of the MBA college are determined.
- You should never settle or ask for less when you know that you are worthy of more.
In the list given below, we have mentioned some of the best private MBA colleges in Pune that offer an amazing ROI.
College Name | Average Annual Fees | Average Placement Package |
SCMHRD | Rs. 8,13,000 | Rs. 15,60,000 |
SIBM, Pune | Rs. 9,60,000 | Rs. 17,48,000 |
SIIB, Pune | Rs. 7,30,000 | Rs. 12,00,000 |
BIMM, Pune | Rs. 4,15,000 | Rs. 6,50,000 |
BIMHRD, Pune | Rs. 4,15,000 | Rs. 6,50,000 |
SITM Pune | Rs. 5.90,000 | Rs. 8,75,000 |
ISBM Pune | Rs. 5,10,000 | Rs. 7,00,000 |
Eligibility Criteria
Have a look at the eligibility criteria for studying MBA at the top B-Schools in Pune:
- Graduation in any stream from a recognized university or institute.
- For General Category applicants - 50% of aggregate marks are required.
- For reserved category students - minimum 45% of aggregate marks are needed.
- Students awaiting the result for graduation, can apply provided that they have all the other documents necessary for admission.
- Scores of national and state-level entrance exams, including CMAT (Common Management Admission Test), XAT, CAT, MAT, BMAT (Bharati Vidyapeeth Management Aptitude Test), ATMA, MAH CET, SNAP, etc., are accepted for MBA admissions.
Admission Process: How to Apply for MBA in Pune?
If you fit in the eligibility criteria given above, then here is the admission process for studying MBA in Pune for you:
- Candidates or applicants are given admission based on the scores of the entrance exams.
- Some universities have their own entrance exams while some follow standard MBA entrance exams.
- The admission process is said to be completed after the candidate cracks the GD-PIWAT test and secures a seat in the institute. Some popular entrance exams for MBA are:
Admission Process Entrance Exams | |
CAT | GMAT |
MAT | ATMA |
XAT | State CET |
CMAT | - |
Top 20 MBA Colleges in Pune with Fees
Here, we have brought together a list of top 20 MBA colleges in Pune. You can have a look at them and choose your favorite college according to your budget, specialization you want to choose for your MBA, ranking of the college, quality of education provided there, faculties etc.
The Department of Management Sciences (PUMBA)
Particulars | Details |
Year Established | 1971 |
Degree Awarded | MBA |
Course Duration | Full-time MBA - 2 Years |
No. of Seats | Full-time MBA - 180 seats |
Types of MBA Program | Full-time/Part-time/Executive |
Exams Accepted | MH-CET (For Maharashtra Candidates) |
Course Fees | NA |
Symbiosis Institute of Business Management
Particulars | Details |
Year Established | 1978 |
Degree Awarded | MBA |
Course Duration | Full-time MBA - 2 Years |
No. of Seats | Full-time MBA - 180 seats |
Types of MBA Program | Full-time/Part-time/Executive |
Exams Accepted | SNAP Test |
Course Fees | Full-time MBA - Rs.28.6 Lacs |
Symbiosis Center of Management and Human Resource Development
Particulars | Details |
Year Established | 1993 |
Degree Awarded | MBA |
Course Duration | Full-time MBA - 2 Years |
No. of Seats | Full-time MBA - 180 seats |
Types of MBA Program | Full-time/Part-time/Executive |
Exams Accepted | SNAP Test |
Course Fees | Full-time MBA - Rs.22.57 Lacs |
Institute of Management Entrepreneurship Development (IMED), Pune
Particulars | Details |
Year Established | 1978 |
Degree Awarded | MBA |
Course Duration | Full-time MBA - 2 Years |
No. of Seats | Full-time MBA - Seats will be filled on merit. |
Types of MBA Program | Full-time |
Exams Accepted | B-MAT Test |
Course Fees | Full-time MBA - |
Pune Institute of Business Management
Particulars | Details |
Year Established | 1993 |
Degree Awarded | MBA and PGDM |
Course Duration | MBA - 2 years |
No. of Seats | MBA + PGDM - 540 Seats |
Types of MBA Program | Full-time/Part-time/Executive |
Exams Accepted | CAT / XAT / MAT / CMAT / ATMA / PMAT (it is PIBM's aptitude test) |
Course Fees | Management Program - Rs.7.95 Lacs |
Sinhgad Institute of Management
Particulars | Details |
Year Established | 1994 |
Degree Awarded | MBA |
Course Duration | Full-time MBA - 2 Years |
No. of Seats | Full-time MBA - 600 |
Types of MBA Program | Full-time |
Exams Accepted | MAT, XAT, GMAT, CAT, ATMA, CMAT, MAH CET, MAH MCA CET |
Course Fees | Rs.2 Lacs |
FLAME University
Particulars | Details |
Year Established | 2015 |
Degree Awarded | MBA |
Course Duration | MBA - 2 years |
No. of Seats | - |
Types of MBA Program | Full-time |
Exams Accepted | PG FEAT (FLAME Entrance Aptitude Test) + National Level entrance test scores CAT/XAT/CMAT/NMAT/MAT/GMAT/MH-CET) is a mandatory requirement |
Course Fees | MBA - Rs.8.65 Lacs |
Particulars | Details |
Year Established | 1983 |
Degree Awarded | MBA |
MBA Specializations | Marketing, Finance, Human Resource Management, International Business, Operations |
Course Duration | MBA Full-time - 2 years |
No. of Seats | MBA Marketing - 240 |
Types of MBA Program | Full-time |
Exams Accepted | CAT/ MAT/ XAT/ CMAT/ MAH-MBA-CET/ PERA CET |
Course Fees | Rs.3.77 Lacs |
Indira Institute of Management
Particulars | Details |
Year Established | 1994 |
Degree Awarded | MBA |
Course Duration | Full-time MBA - 2 Years |
No. of Seats | Intake - 300 seats |
Types of MBA Program | Full-time |
Exams Accepted | CAT/ MAT/ XAT/ CMAT/ MAH-MBA-CET/ GMAT |
Course Fees | Open Category - Rs.2.20 Lacs |
Balaji Institute of Management Human Resource Development
Particulars | Details |
Year Established | 2005 |
Degree Awarded | MBA |
Course Duration | MBA Marketing - 2 Years |
No. of Seats | MBA Marketing - 120 |
Exams Accepted | CAT/ MAT/ XAT/ CMAT/ MAH-MBA-CET |
Course Fees | Rs.9.40 Lacs |
International Institute of Management Studies (IIMS) Pune
Particulars | Details |
Year Established | 1994 |
Degree Awarded | PGDM |
Course Duration | PGDM - 2 Years |
No. of Seats | Full-time MBA - 180 seats |
Types of MBA Program | International Business, Marketing, Finance, Human Resource, Supply Chain Management, Business Analytics, PGDM (Retail and E-Commerce) |
Exams Accepted | GMAT, CAT, XAT, ATMA, CMAT, MH-CET, MAT |
Course Fees | Rs.8 Lacs |
MITCON Institute of Management
Particulars | Details |
Year Established | 2005 |
Degree Awarded | PGDM |
Course Duration | PGDM (Business Administration) - 2 years |
No. of Seats | PGDM (Business Administration) - 120 seats |
Types of MBA Program | PGDM (Business Administration) |
Exams Accepted | CAT / ATMA / CMAT / MAT / XAT / MH-CET |
Course Fees | PGDM (Business Administration) - Rs.3.5 Lacs |
Symbiosis Institute of Management Studies (SIMS)
Particulars | Details |
Year Established | 1993 |
Degree Awarded | MBA |
Course Duration | Full-time MBA - 2 years |
No. of Students Enrolled | 15,000 - 20,000 |
No. of Seats | - |
Types of MBA Program | Marketing, Finance, SCM & Operations, MBA in HR, MBA (Executive) in IT & Analytics |
Exams Accepted | CAT/ MAT/ XAT/ CMAT/ MAH-MBA-CET/ GMAT |
Course Fees | Full-time MBA - Rs.17.33 Lacs |
Particulars | Details |
Year Established | 2015 |
Degree Awarded | MBA |
Course Duration | MBA (Business Innovation and Strategy) - 2 years |
No. of Seats | - |
Types of MBA Program | MBA - Business Innovation and Strategy |
Exams Accepted | GMAT/ CAT/ MAT/ XAT/ ATMA/ CMAT/ AAT or ADYPU COMMON ENTRANCE TEST |
Course Fees | - |
Particulars | Details |
Year Established | 1921 |
Degree Awarded | MBA |
Course Duration | MBA (Healthcare Management) - 2 years |
No. of Seats | - |
Types of MBA Program | Full-time |
Exams Accepted | - |
Course Fees | NA |
Indira School of Business Studies, Pune
Particulars | Details |
Year Established | 2013 |
Degree Awarded | PGDM |
Course Duration | PGDM General - 2 years |
No. of Seats | PGDM General - 120 seats |
Types of MBA Program | Full-time |
Exams Accepted | CAT/ MAT/ XAT/ CMAT/ MAH-MBA-CET/ GMAT |
Course Fees | Rs.7.9 Lacs |
Balaji Institute of International Business
Particulars | Details |
Year Established | 2003 |
Degree Awarded | MBA |
Course Duration | MBA (Finance) - 2 Years |
No. of Seats | MBA (Finance) - 60 seats |
Types of MBA Program | MBA (Finance) |
Exams Accepted | CAT/ MAT/ XAT/ CMAT/ MAH-MBA-CET |
Course Fees | Rs.9.4 Lacs |
Suryadatta Institutes of Management and Mass Communication (SIMMC)
Particulars | Details |
Year Established | 1999 |
Degree Awarded | MBA, PGDM |
Course Duration | MBA - 2 Years |
No. of Seats | MBA Intake - 120 seats |
Types of MBA Program | Full-time |
Exams Accepted | MBA - CAT/ CMAT/ MAH-MBA-CET |
Course Fees | Rs.5.4 Lacs |
ISMR (International School of Management and Research)
Particulars | Details |
Year Established | 2007 |
Degree Awarded | MBA, PGDM |
Course Duration | MBA - 2 Years |
No. of Seats | MBA Intake - 60 seats |
Types of MBA Program | Full-time |
Exams Accepted | CAT/ CMAT/ MAH-MBA-CET/ MAT/ XAT / ATMA |
Course Fees | - |
LEXICON MILE (Lexicon Management Institute of Leadership Excellence)
Particulars | Details |
Year Established | 2009 |
Degree Awarded | MBA, PGDM |
Course Duration | PGDM - 2 Years |
No. of Seats | PGDM - 120 seats |
Types of MBA Program | Full-time |
Exams Accepted | CAT/ CMAT/ MAH-MBA-CET/ MAT/ XAT / ATMA/ GMAT |
Course Fees | PGDM - Rs.8.6 Lacs |
So, which one are you going to choose from the above list of MBA colleges in Pune?
As you must be aware, Pune is known as an IT hub, and there are many different organizations related to different sectors, such as Infosys, Wipro, HCL etc., to name a few. Therefore, undoubtedly, there is a great scope once you complete your MBA degree from one of the top management schools in Pune. Make the best use of the resources available to you and convert the opportunities into your future!
We wish you good luck for your bright future!
Read More: List of all colleges