Top 20 MBA Colleges in Pune 2022

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Posted on 4^th Feb, 2022 | Posted By Smita Medhekar

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:

MBA College	Cut off Percentile
Symbiosis Institute of Business Management (SIBM) Pune	95-97 (SNAP only)
Symbiosis Center For Management And Human Resource Development (SCMHRD) Pune	93-95 (SNAP only)
Department of Management Sciences (PUMBA), Pune	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
International Institute of Management Studies (IIMS) Pune	70-75
Lexicon Management Institute of Leadership Excellence, Pune	65-70
National Insurance Academy (NIA) Pune	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
Pune Institute of Business Management	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:

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)

Year Established	1971
Degree Awarded	MBA
Course Duration	Full-time MBA - 2 Years MBA Pharma-Biotech - 2 Years Executive MBA - 2 Years MBA at Savitribai Phule Pune University, Sub Center Nashik - 2 Years
No. of Seats	Full-time MBA - 180 seats MBA Pharma-Biotech - 60 seats EMBA - 60 seats
Types of MBA Program	Full-time/Part-time/Executive
Exams Accepted	MH-CET (For Maharashtra Candidates) CMAT/CAT/MH-CET - For Outside Maharashtra Candidates (OMS)
Course Fees	NA

Symbiosis Institute of Business Management

symbiosis-institute-of-management-studies

Year Established	1978
Degree Awarded	MBA
Course Duration	Full-time MBA - 2 Years MBA Innovation and Entrepreneurship - 2 Years Executive MBA - 2.5 Years PGDBM - 2 Years
No. of Seats	Full-time MBA - 180 seats MBA Innovation and Entrepreneurship - 60 seats Executive MBA - 100 seats PGDBM - 60 seats
Types of MBA Program	Full-time/Part-time/Executive
Exams Accepted	SNAP Test
Course Fees	Full-time MBA - Rs.28.6 Lacs MBA Innovation and Entrepreneurship - Rs.17.32 Lacs Executive MBA - Rs.6.7 Lacs PGDBM - mutually decided between the client organization and SIBM Pune

Symbiosis Center of Management and Human Resource Development

Year Established	1993
Degree Awarded	MBA
Course Duration	Full-time MBA - 2 Years MBA Infrastructure Development And Management - 2 Years MBA in Business Analytics - 2 Years Executive MBA - 2.5 Years
No. of Seats	Full-time MBA - 180 seats MBA Infrastructure Development And Management - 60 seats MBA in Business Analytics - 60 seats Executive MBA
Types of MBA Program	Full-time/Part-time/Executive
Exams Accepted	SNAP Test
Course Fees	Full-time MBA - Rs.22.57 Lacs MBA Infrastructure Development And Management - Rs.14.69 Lacs MBA in Business Analytics - Rs.11.54 Lacs Executive MBA - Rs.13.65 Lacs

Institute of Management Entrepreneurship Development (IMED), Pune

Year Established	1978
Degree Awarded	MBA
Course Duration	Full-time MBA - 2 Years MBA HR - 2 Years
No. of Seats	Full-time MBA - Seats will be filled on merit. MBA HR - Seats will be filled on merit.
Types of MBA Program	Full-time
Exams Accepted	B-MAT Test
Course Fees	Full-time MBA - General Category - Rs.2.25 Lacs Institutional Quota - Rs.2.75 Lacs Foreign / NRI / PIO (in US $) - $8100 MBA HR - General Category - Rs.2.25 Lacs Institutional Quota - Rs.2.75 Lacs Foreign / NRI / PIO (in US $) - $8100

Pune Institute of Business Management

Year Established	1993
Degree Awarded	MBA and PGDM
Course Duration	MBA - 2 years PGDM - 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 Management Program (International Students) - $12750

Sinhgad Institute of Management

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

Year Established	2015
Degree Awarded	MBA
Course Duration	MBA - 2 years MBA (Communications Management) - 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 MBA (Communications Management) - Rs.8.10 Lacs

MIT World Peace University

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 MBA Finance - 180 MBA HRM - 120 MBA International Business - 60 MBA Operations - 60 MBA Banking and Financial Services - 60
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

Year Established	1994
Degree Awarded	MBA
Course Duration	MBA Full-time - 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 OBC,EWS,EBC - Rs.1.24 Lacs ST,NT/VJ,SBC TFWS - Rs.28,696

Balaji Institute of Management Human Resource Development

Year Established	2005
Degree Awarded	MBA
Course Duration	MBA Marketing - 2 Years MBA (PM & HRD) - 2 Years MBA (Marketing Management) - 2 Years
No. of Seats	MBA Marketing - 120 MBA (PM & HRD) - 60 MBA (Marketing Management) - 60
Exams Accepted	CAT/ MAT/ XAT/ CMAT/ MAH-MBA-CET
Course Fees	Rs.9.40 Lacs

International Institute of Management Studies (IIMS) Pune

Year Established	1994
Degree Awarded	PGDM
Course Duration	PGDM - 2 Years PGDM (Retail and E-Commerce) - 2 years
No. of Seats	PGDM - 180 seats PGDM (Retail and E-Commerce) - 60 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

Year Established	2005
Degree Awarded	PGDM
Course Duration	PGDM (Business Administration) - 2 years PGDM (Agri Business Management) - 2 years PGDM (Pharmaceutical Management) - 2 years
No. of Seats	PGDM (Business Administration) - 120 seats PGDM (Agri Business Management) - 60 seats PGDM (Pharmaceutical Management) - 60 seats
Types of MBA Program	PGDM (Business Administration) PGDM (Agri Business Management) PGDM (Pharmaceutical Management)
Exams Accepted	CAT / ATMA / CMAT / MAT / XAT / MH-CET
Course Fees	PGDM (Business Administration) - Rs.3.5 Lacs PGDM (Agri Business Management) - Rs.2.80 Lacs PGDM (Pharmaceutical Management) - Rs.2.80 Lacs

Symbiosis Institute of Management Studies (SIMS)

Year Established	1993
Degree Awarded	MBA
Course Duration	Full-time MBA - 2 years MBA (Executive) - 2.5 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 MBA (Executive) - Rs.40.60 Lacs

Ajeenkya DY Patil University

Year Established	2015
Degree Awarded	MBA
Course Duration	MBA (Business Innovation and Strategy) - 2 years MBA (Aviation Management) - 2 years MBA (Digital Marketing & E-Commerce) - 2 Years
No. of Seats	-
Types of MBA Program	MBA - Business Innovation and Strategy Specializations offered for this MBA are:- HR / Finance / Marketing MBA Aviation Management MBA Digital Marketing & E-Commerce
Exams Accepted	GMAT/ CAT/ MAT/ XAT/ ATMA/ CMAT/ AAT or ADYPU COMMON ENTRANCE TEST
Course Fees	-

Tilak Maharashtra Vidyapeeth

Year Established	1921
Degree Awarded	MBA
Course Duration	MBA (Healthcare Management) - 2 years MBA (Pharmaceutical Management) - 2 years MBA (Real Estate Management) - 2 years
No. of Seats	-
Types of MBA Program	Full-time
Exams Accepted	CAT/ MAT/ XAT/ CMAT/ MAH-MBA-CET/ GMAT
Course Fees	-

Indira School of Business Studies, Pune

Year Established	2013
Degree Awarded	PGDM
Course Duration	PGDM General - 2 years PGDM in Marketing - 2 years PGDM in Finance - 2 years PGDM in HRM - 2 years
No. of Seats	PGDM General - 120 seats PGDM in Marketing - 60 seats PGDM in Finance PGDM in Human Resource Management
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

Year Established	2003
Degree Awarded	MBA
Course Duration	MBA (Finance) - 2 Years MBA ( in International Business) - 2 Years MBA (Marketing Management) - 2 Years MBA (Digital & Business Transformation) - 2 Years
No. of Seats	MBA (Finance) - 60 seats MBA (International Business) - 60 seats MBA (Marketing Management) - 60 seats MBA (Digital & Business Transformation) - 60 seats
Types of MBA Program	MBA (Finance) MBA (International Business) MBA (Marketing Management) MBA (Digital & Business Transformation)
Exams Accepted	CAT/ MAT/ XAT/ CMAT/ MAH-MBA-CET
Course Fees	Rs.9.4 Lacs

Suryadatta Institutes of Management and Mass Communication (SIMMC)

Year Established	1999
Degree Awarded	MBA, PGDM
Course Duration	MBA - 2 Years PGDM - 2 Years
No. of Seats	MBA Intake - 120 seats PGDM - 120 seats
Types of MBA Program	Full-time
Exams Accepted	MBA - CAT/ CMAT/ MAH-MBA-CET PGDM - CAT/ MAT/ XAT/ CMAT/ MAH-MBA-CET
Course Fees	Rs.5.4 Lacs

ISMR (International School of Management and Research)

Year Established	2007
Degree Awarded	MBA, PGDM
Course Duration	MBA - 2 Years PGDM - 2 Years
No. of Seats	MBA Intake - 60 seats - 180 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)

Year Established	2009
Degree Awarded	MBA, PGDM
Course Duration	PGDM - 2 Years MBA Global PGPM - 2 Years MS, MBA, MBA (STEM) Course - 2 Years
No. of Seats	PGDM - 120 seats MBA Global PGPM - NA MS, MBA, MBA (STEM) Course - NA
Types of MBA Program	Full-time
Exams Accepted	CAT/ CMAT/ MAH-MBA-CET/ MAT/ XAT / ATMA/ GMAT/td>
Course Fees	PGDM - Rs.8.6 Lacs MBA Global PGPM - Rs.8.5 Lacs MS, MBA, MBA (STEM) Course - Rs.7.9 Lacs University of New Haven, USA Fees - MS = $16,465 MBA = $19,285 MBA STEM = $23,515

So, which one are you going to choose from the above list of MBA colleges in Pune?

As you must be aware that 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 resources available to you and convert the opportunities into your future!

We wish you good luck for your bright future!