Pune, Maharashtra, is one of the throbbing hubs of colleges and business schools offering an MBA to students. Pune, being an academic centre for higher education, has a large number of educational institutions for management. There are a number of both top private and public MBA colleges in Pune with a number of specialisations available.
Continue reading to find out more about the top MBA colleges in Pune, their eligibility criteria, fees, and much more.
Top MBA Colleges of Pune
Pune has over 300 top universities and colleges in the private and public sectors that offer an MBA course in a number of specialisations, including sales and marketing management, human resource management, finance management, operations management, IT management, business analytics, etc. Also Read: Full form of MBA.
There are a number of factors to be considered while selecting an MBA college, like the NIRF rankings of the university, the entrance examinations that the university/college accepts as a valid criterion for admission, the fees, specialisations offered, etc.
|
MBA College/University |
NIRF Ranking* |
Course |
Accepted Entrance Exams |
MBA Fees (Approx.) |
|
Symbiosis Institute of Business Management (SIBM) |
11 |
MBA |
SNAP |
INR 21 Lakhs |
|
National Institute of Bank Management |
NA |
PGDM |
CAT/XAT/GMAT/CMAT/GRE |
INR 16 Lakhs |
|
Pune Institute of Business Management |
NA |
PGDM |
CAT, XAT, MAT, CMAT, ATMA, etc. |
INR 8 Lakhs |
|
National Insurance Agency (NIA) |
NA |
PGDM |
CAT, CMAT |
INR 10 Lakhs |
|
Balaji Institute of Modern Management (BIMM) |
NA |
MBA |
CTA, XAT, MAT, CMAT, MAH, etc. |
INR 11 Lakhs |
|
Symbiosis Institute of International Business (SIIB) |
NA |
MBA |
SNAP |
INR 17 Lakhs |
|
International School of Business and Media (ISBM), Pune |
NA |
PGDM |
CAT, XAT, MAT, CMAT |
INR 12 Lakhs |
|
International Institute of Management Studies (IIMS), Pune |
NA |
PGDM |
CAT, XAT, MAT, GMAT, CMAT, ATMA |
INR 8 Lakhs |
|
Dr. D. Y. Patil Vidyapeeth, Pune |
NA |
MBA |
CAT, XAT |
INR 4.5 Lakhs |
|
Maharashtra Institute of Technology (MIT), Pune |
NA |
PGDM |
CAT, XAT, MAT, CMAT, etc. |
INR 7 Lakhs |
1) Symbiosis Institute of Business Management (SIBM)
Symbiosis University is one of India’s most prestigious private institutions for higher education, and its business management division, the Symbiosis Institute of Business Management (SIBM), is also a NAAC-rated A++ management institute with an NIRF ranking of 11 in the Management category of 2025.
It offers an MBA course to students, the basic details of which are listed here:
|
Degree Offered |
Master of Business Administration (MBA) |
|
Accreditations |
NAAC A++, NIRF Rank 11 in Management Category (2025) |
|
Course Duration |
2 years |
|
Accepted Entrance Examinations |
SNAP |
|
Course Specialisations |
|
|
Course Fees |
INR 21 Lakhs (Approximate Fee) |
|
Average Placement Package |
INR 18 LPA |
2) National Institute of Bank Management (NIBM), Pune
The National Institute of Bank Management is an autonomous institution for higher education in banking and finance that was established in 1969 by the Reserve Bank of India (RBI). The institute is approved by the AICTE for its management and professional training courses. NIBM Pune is counted as the top institutions of Pune. NIBM Pune currently offers a PGDM program in the specialization of Banking and Financial Services.
Find more details about the PGDM course at NIBM here:
|
Degree Offered |
Post Graduate Diploma in Management (PGDM) |
|
Accreditations |
AICTE |
|
Course Duration |
2 years |
|
Accepted Entrance Examinations |
CAT/XAT/GMAT/CMAT/GRE |
|
Course Specialisations |
Banking and Financial Services |
|
Course Fees |
INR 16,00,000 |
|
Average Placement Package |
INR 15.5 LPA |
3) Pune Institute of Business Management
The Pune Institute of Business Management (PIBM) is another renowned management and business school of Pune. PIBM has been ranked among the top management institutions of India. The management courses offered at PIBM have also received the approval of the AICTE, which is one of the major accrediting bodies for technical education in India.
PIBM offers an affordable option for pursuing a PGDM course to students and is well-known in Pune as a prestigious management institution to complete this course. Here are some of the details about the MBA program offered at PIBM.
|
Degree Offered |
Post Graduate Diploma in Management (PGDM) |
|
Accreditations |
AICTE, NAAC |
|
Course Duration |
2 years |
|
Accepted Entrance Examinations |
CAT, XAT, MAT, CMAT, ATMA, etc. |
|
Course Specialisations |
|
|
Course Fees |
INR 8 Lakhs (Approximate Fee) |
|
Average Placement Package |
INR 6 LPA |
4) National Insurance Agency (NIA)
The National Insurance Agency (NIA), Pune is a top government cum private institution for management and financial studies. The agency was established in 1980 jointly by top bodies of India, such as the Ministry of Finance, Government of India, the Life Insurance Corporation of India (LIC), the New India Assurance Company, and other contributing bodies. The agency has the approval from the AICTE as well to provide technical education courses to students.
The NIA, Pune, offers a Post Graduate Diploma in Management specifically in the domain of Insurance and Risk Management, which is a unique area of specialisation ideal for those interested in the domains of finance and insurance. Here are the basic details about the course.
|
Degree Offered |
Post Graduate Diploma in Management (PGDM) |
|
Accreditations |
AICTE |
|
Course Duration |
2 years |
|
Accepted Entrance Examinations |
CAT, CMAT |
|
Course Specialisations |
Insurance and Risk Management |
|
Course Fees |
INR 10 Lakhs (Approximate Fee) |
|
Average Placement Package |
INR 13 LPA |
5) Balaji Institute of Modern Management (BIMM)
The Balaji Institute of Modern Management is a private management and business school situated in Tathawade, Pune, which has received the ranking of being the tenth best college for higher education in Pune by the Times in 2024. BIMM, Pune, offers an MBA program to students, which has been approved by the AICTE.
Here are the basic details of the course and the institute:
|
Degree Offered |
Master of Business Administration (MBA) |
|
Accreditations |
AICTE |
|
Course Duration |
2 years |
|
Accepted Entrance Examinations |
CTA, XAT, MAT, CMAT, MAH, etc. |
|
Course Specialisations |
|
|
Course Fees |
INR 11 Lakhs (Approximate Fee) |
|
Average Placement Package |
INR 6.5 LPA |
6) Symbiosis Institute of International Business (SIIB)
Symbiosis Institute of International Business (SIIB), Pune, is another institute of business studies under the Symbiosis (deemed-to-be) University. It has been ranked consistently as one of the top prestigious business schools of India, and has also received the ranking of 22 across India for the category of best business schools of the nation by The Week as of 2021.
The institute offers the flagship program of an MBA in International Business Management, AgriBusiness, and Energy and Environment. The university is well-reputed for its management education courses in the professional domains and also has an excellent record for placements.
Find more details about the MBA program at SIIB, Pune here:
|
Degree Offered |
Master of Business Administration (MBA) |
|
Course Duration |
2 years |
|
Accepted Entrance Examinations |
SNAP |
|
Course Specialisations |
|
|
Course Fees |
INR 17 Lakhs (Approximate Fee) |
|
Average Placement Package |
INR 11 LPA |
7) International School of Business and Media (ISBM), Pune
The International School of Business and Media (ISBM), Pune, is an AICTE-approved business school of India. It has been regarded as a prestigious institution for completing one’s management education. The institute is not only identified by the ASSOCHAM but has also received the ‘National Assocham National Leadership Excellence Awards 2022 under the category of the best B-school of India.
It offers a PGDM course to students in 6 areas of specialisation. The institute also has facilities for scholarships, thus making education here affordable for a larger number of aspirants. Here are more relevant details about the course.
|
Degree Offered |
Post Graduate Diploma in Management (PGDM) |
|
Accreditations |
AICTE, ASSOCHAM |
|
Course Duration |
2 years |
|
Accepted Entrance Examinations |
CAT, XAT, MAT, CMAT |
|
Course Specialisations |
|
|
Course Fees |
INR 12 Lakhs (Approximate Fee) |
|
Average Placement Package |
INR 23 LPA |
8) International Institute of Management Studies (IIMS), Pune
The International Institute of Management Studies (IIMS), Pune, is one of the top private institutions for management education. It has been ranked as the sixth best private MBA institution of Pune by India's Best B School Survey, Outlook in 2024. This institute offers an affordable PGDM course to students, with all-around student support and placement assistance.
Find more relevant details about the course here:
|
Degree Offered |
Post Graduate Diploma in Management (PGDM) |
|
Accreditations |
NAAC, AICTE |
|
Course Duration |
2 years |
|
Accepted Entrance Examinations |
CAT, XAT, MAT, GMAT, CMAT, ATMA, etc. |
|
Course Specialisations |
|
|
Course Fees |
INR 8 Lakhs (Approximate Fee) |
|
Average Placement Package |
INR 6.5 LPA |
9) Dr. D. Y. Patil Vidyapeeth, Pune
Dr. D. Y. Patil Vidyapeeth, Pune, is a renowned university for higher education in a number of domains such as management, hospital management, medicine, healthcare, and so on. The university has accreditations from a number of top statutory bodies of the nation, including UGC, AICTE, ISO, AIU, ACU, WES, etc.
The university offers an MBA program to students in 12 areas of specialisation. In case you are interested in healthcare management and management of medical organisations, then DPU can be the ideal college for you to take up an MBA from, since it has authority over both management studies and medicine.
Here are the relevant details about the MBA program of DPU:
|
Degree Offered |
Master of Business Administration (MBA) |
|
Accreditations |
NAAC A++, UGC, AICTE, AIU, ACU, WES, etc. |
|
Course Duration |
2 years |
|
Accepted Entrance Examinations |
CAT, XAT |
|
Course Specialisations |
|
|
Course Fees |
INR 4.5 Lakhs (Approximate Fee) |
|
Average Placement Package |
INR 4 LPA |
10) Maharashtra Institute of Technology-College of Management (MITCOM), Pune
Maharashtra Institute of Technology-College of Management (MITCOM), Pune, is a privately owned management institution. The institution has received approval from the AICTE and has been ranked as the 16th best college of Pune by The Times in 2024. The university is known for providing all-around student support and a comprehensive academic experience to students.
It offers the flagship MBA program in 5 areas of specialisation, namely, human resource management, marketing management, finance management, international business management, and IT management. Further details about the course and the institute are provided here.
|
Degree Offered |
Master of Business Administration (MBA) |
|
Accreditations |
AICTE |
|
Course Duration |
2 years |
|
Accepted Entrance Examinations |
CAT, XAT, MAT, CMAT, etc. |
|
Course Specialisations |
|
|
Course Fees |
INR 7 Lakhs (Approximate Fee) |
|
Average Placement Package |
INR 5 LPA |
General Eligibility and Accepted Entrance Exams for Admissions in Pune MBA Colleges
Most of the prestigious and renowned MBA colleges of India have certain general eligibility criteria that a candidate must meet to apply to the MBA/PGDM course. The admission procedures for an MBA course are comprehensive and are based upon both the performance of the student on the entrance examinations and their profile and interview.
The most basic eligibility criteria that most MBA colleges in Pune demand include:
- The candidate applying for the course should be a graduate from a recognised university/institution of higher education.
- Candidates from any stream of education in graduation are eligible to apply.
- Most colleges and universities also require the candidate to have secured at least 50% aggregate marks at graduation. In the case of reserved categories, many universities provide a relaxation of 5% as an inclusive measure.
- Apart from this, for most of the MBA colleges/universities, the candidate must have cleared a management aptitude test like the CAT/XAT/SNAP/MAT/GMAT, etc.
Top Recruiters
When it comes to placements and recruitments from MBA colleges in Pune, many of the top MNCs, companies, and corporate firms hire graduates and interns from Pune. Since Pune is a top hub of higher education, especially for management, top recruiters seek ambitious and creative aspirants who wish to develop their careers in management.
Here are a few of the top recruiters of various colleges and universities in Pune:
- Accenture
- Cognizant
- Airtel
- Aditya Birla Group
- ICICI
- KPMG
And many more! In addition to having top recruiters across various industrial and service sectors, the perks and benefits available after completing an MBA from Pune are also considerably high. The scope of growing one’s career is also sufficiently high after completing an MBA degree.
Other Alternative MBA Options
If you are located in the city of Pune or anywhere, pursuing a regular MBA is the best what you can do. However, the probability of getting into the top colleges is very less. So, one option that will suit you the best is you pursue an online degree. Online education is at par with the regular mode of learning, just you need to keep in mind that you pursue the degree from an accredited and approved university.
Down below, we have mentioned some of the best online universities that you can check out and finalise your decision, instead of wasting your 2 years in the wrong university.
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Top Online Universities |
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