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Home Management Top 10 MBA Colleges In Pune 2024- Admission, Fees, Exams

Top 10 MBA Colleges In Pune 2024- Admission, Fees, Exams

Dec 11, 2023 11.2K Reads

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 those like 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 criteria for admission, the fees, specialisations offered etc. 

Here we have listed down some of the best MBA colleges and universities in Pune along with the basic course details below. 

MBA College/University

NIRF Ranking*

Course 

Accepted Entrance Exams

MBA Fees (Approx.)

Symbiosis Institute of Business Management (SIBM) 

17

MBA

SNAP

INR 21 Lakhs 

National Institute of Bank Management

76

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 

* designate a ranking in the NIRF Management Category 2023

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 is comprehensive and is 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:

  1. The candidate applying for the course should be a graduate from a recognised university/institution for higher education. 
  2. Candidates from any stream of education in graduation are eligible to apply. 
  3. 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. 
  4. 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. 

There are a few entrance examinations of management aptitude which are accepted as valid for admission screening by most of the MBA colleges and universities at Pune. These include: 

Common Aptitude Test (CAT)

Common Management Admission Test (CMAT)

Xavier Aptitude Test (XAT)

Graduate Management Admission Test (GMAT)

Management Aptitude Test (MAT)

AIMS Test for Management Admission (ATMA)

Some of the major MBA colleges of Pune along with the accepted entrance examinations are given here. 

MBA College/University

Accepted Entrance Exam

Symbiosis Institute of Business Management (SIBM) 

SNAP

National Institute of Bank Management (NIBM)

CAT/XAT/GMAT/CMAT/GRE

Pune Institute of Business Management

CAT, XAT, MAT, CMAT, ATMA etc. 

National Insurance Agency (NIA)

CAT, CMAT

Balaji Institute of Modern Management (BIMM)

CTA, XAT, MAT, CMAT, MAH etc. 

Symbiosis Institute of International Business (SIIB)

SNAP 

International School of Business and Media (ISBM), Pune 

CAT, XAT, MAT, CMAT

International Institute of Management Studies (IIMS), Pune  

CAT, XAT, MAT, GMAT, CMAT, ATMA 

Dr. D. Y. Patil Vidyapeeth, Pune 

CAT, XAT 

Maharashtra Institute of Technology (MIT), Pune 

CAT, XAT, MAT, CMAT etc. 

  In addition to the performance in a management aptitude test or entrance examination, MBA colleges in Pune select candidates for admission on the basis of: 

  • Their Profile: which includes their academic history along with their achievements, vocational or skill development ventures, professional responsibilities and portfolio etc. 
  • Their Personal Interview: which is the final criteria for admission to the course. 

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Best Private & Public MBA Colleges of Pune 

Here is a brief summary of the important details about the top public and private universities and institutes offering an MBA (Master of Business Administration) (or PGDM) course in Pune to students. 

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 17 in the Management category of 2023. 

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 17 in Management Category (2023)

Course Duration 

2 years 

Accepted Entrance Examinations 

SNAP

Course Specialisations 

  • Marketing Management 
  • Finance Management 
  • Human Resource Management (HRM) 
  • Operations & Supply Chain Management 
  • Data Analytics

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 currently a part of the top 80 institutions of Pune as per the NIRF rankings of management category 2023. NIBM Pune currently offers a PGDM program in the specialisation of Banking and Financial Services. 

Find more details about the PGDM course at NIBM here. 

Degree Offered 

Post Graduate Diploma in Management (PGDM)

Accreditations 

NIRF Rank 76 in Management Category (2023), 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 100 management institutions of India by the NIRF. 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. 

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PIBM offers an affordable option of pursuing a PGDM course to students and is well-known in Pune as a prestigious management institution to complete this course from. Here are some of the details about the MBA program offered at PIBM. 

Degree Offered 

Post Graduate Diploma in Management (PGDM)

Accreditations 

AICTE, NIRF (Within Top 100 in Management Category), NAAC

Course Duration 

2 years 

Accepted Entrance Examinations 

CAT, XAT, MAT, CMAT, ATMA etc. 

Course Specialisations 

  • Marketing Management
  • Financial Management 
  • Human Resources Management 
  • Operations & Supply Chain Management 
  • Business Analytics 

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 2023. 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 

  • Finance and Financial Services 
  • Operations and Supply Chain Management 
  • Technology Management 
  • Data Science & Business Analytics 
  • Digital Marketing & Business Analytics 
  • Product Management & Business Analytics
  • Telecom & Business Analytics
  • Sales and Marketing 
  • Personnel and Human Resource Management  

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 

  • International Business Management
  • AgriBusiness 
  • Energy and Environment

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 top 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 202’ under the category of the best B-school of India. 

It offers a PGDM course to students in 6 areas of specialisations. 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 

  • Marketing Management 
  • Finance Management 
  • Human Resource Management (HRM) 
  • Operations & Supply Chain Management 
  • Data Analytics

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 the India's Best B School Survey, Outlook in 2023. This institute offers an affordable PGDM course  to students, with an all-round 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 

  • Marketing
  • Finance
  • Human Resource
  • Supply Chain Management
  • Business Analytics
  • International Business

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 and 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 someone who is 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 

  • General
  • Agribusiness Management
  • Business Analytics
  • Finance Management
  • Hospital & Health Care Management
  • Human Resource Management
  • International Business Management
  • Pharmaceutical Management
  • Systems & IT Management
  • Marketing Management
  • Operations & Supply Chain Management
  • Biotechnology & Bioinformatics Management

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 the approval from the AICTE and has been ranked as the top 16th best college of Pune by The Times in 2023. The university is known for providing an all-round student support and 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 herewith. 

Degree Offered 

Master of Business Administration (MBA)

Accreditations 

AICTE

Course Duration 

2 years 

Accepted Entrance Examinations 

CAT, XAT, MAT, CMAT etc. 

Course Specialisations 

  • Marketing Management 
  • Finance Management 
  • Human Resource Management (HRM) 
  • IT Management  
  • International Business Management 

Course Fees

INR 7 Lakhs (Approximate Fee)

Average Placement Package 

INR 5 LPA

RoI of MBA colleges of Pune 

The Return on Investment (RoI) is an important factor to consider whenever going for an MBA college. It helps you to evaluate the return you would get in terms of placement packages from your investment of resources and time into your management degree.

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The RoI in the case of MBA is considerably good in various management and business schools in Pune. 

There are many top recruiters and companies that recruit from Pune and MBA graduates completing their management education from this city stand a good chance to get placed at reputed and prestigious companies in middle to top level management positions.   

Here is a list of the MBA and PGDM colleges of Pune that offer excellent RoI in terms of placements and career opportunities to students. 

College/University

Annual Course Fee

Average Placement Package 

Symbiosis Institute of Business Management (SIBM)

INR 11.5 Lakhs 

INR 18 LPA

National Institute of Bank Management (NIBM)

INR 16 Lakhs 

INR 15.5 LPA

Pune Institute of Business Management

INR 8 Lakhs

INR 6LPA

National Insurance Agency (NIA)

INR 5 Lakhs

INR 13 LPA

Balaji Institute of Modern Management (BIMM)

INR 11 Lakhs (Approximate Fee)

INR 6.5 LPA

Symbiosis Institute of International Business (SIIB)

INR 8.5 Lakhs 

INR 11 LPA 

International School of Business and Media (ISBM), Pune

INR 6 Lakhs 

INR 23 LPA

International Institute of Management Studies (IIMS), Pune

INR 4 Lakhs 

INR 6.5 LPA

Dr. D. Y. Patil Vidyapeeth, Pune 

INR 4.5 Lakhs (Approximate Fee)

INR 4 LPA

Maharashtra Institute of Technology-College of Management (MITCOM), Pune

INR 3.5 Lakhs 

INR 5 LPA 

So, in terms of the  RoI, institutions like the NIA, Symbiosis IBM, International School of Business and Media (ISBM) etc. provide lucrative placement opportunities to students after completion of the degree. The fee range of the MBA and PGDM courses offered at these colleges are also reasonable and affordable, especially in comparison to the various management institutions in other parts of India. 

As far as RoI on a management degree is concerned, Pune being a hub of management education, provides students with a vast number of choices for taking up an MVA from. There are numerous opportunities to explore careers in management domains in top companies and MNCs that hire from the various MBA and PGDM institutions in Pune.

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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 career in management. 

Here are a few of the top recruiters of various colleges and universities in Pune. 

MBA College/University

Top Recruiting Partners  

Symbiosis Institute of Business Management (SIBM) 

  • Accenture 
  • Cognizant 
  • Airtel 
  • Aditya Birla Group 
  • ICICI 
  • KPMG
  • Larsen and Toubro etc. 
National Institute of Bank Management  
  • Airtel 
  • Bank of America 
  • Barclays 
  • Ernst & Young 
  • Pwc 
  • HDFC Bank 
  • Yes Bank 
  • Kotak Mahindra Bank etc.

Pune Institute of Business Management

  • Bosch 
  • Deloitte 
  • Flipkart
  • Amazon 
  • Reliance 
  • TCS etc. 

National Insurance Agency (NIA)

  • Accenture 
  • Tata AIG
  • IBM 
  • ICICI Bank 
  • Bajaj Allianz General 
  • Aditya Birla Health etc.  

Balaji Institute of Modern Management (BIMM)

  • Accenture 
  • Capgemini 
  • Cognizant 
  • HCL 
  • Larsen and Toubro 
  • Google 
  • Infosys 
  • TCS etc. 

Symbiosis Institute of International Business (SIIB)

  • Accenture 
  • HCL 
  • Ernst & Young 
  • Deloitte 
  • Reserve Bank of India etc. 

International School of Business and Media (ISBM), Pune 

  • Sutherland 
  • Accenture 
  • Deloitte 
  • Byju’s
  • MRF Tyres
  • Aditya Birla Group 
  • Ernst & Young etc. 

International Institute of Management Studies (IIMS), Pune  

  • Accenture 
  • Cognizant 
  • Ernst & Young 
  • Bajaj Finserv 
  • Deloitte 
  • TCS 
  • Mercedes-Benz
  • Tech Mahindra etc. 

Dr. D. Y. Patil Vidyapeeth, Pune 

  • Future Market Insights 
  • KPMG
  • Deloitte 
  • HCL
  • Bandhan Bank 
  • Kotak Mahindra Bank etc. 

Maharashtra Institute of Technology (MIT), Pune 

  • LG 
  • WIPRO 
  • LIC 
  • HCL 
  • Pepsi 
  • Coca Cola etc. 

In addition to having top recruiters across various industrial and service sectors, the perks and benefits available after completing MBA from Pune are also considerably high. The scope of growing one’s career is also sufficiently high after completing an MBA degree. 

Online & Distance MBA from Pune 

A fully-online MBA is coming up as one of the popular options for management education among aspirants in Pune. Consequently, many universities and colleges are now also providing the option of taking up an online MBA course. Similarly, there are a number of universities and colleges in Pune that also provide a distance MBA/PGDM course to students. These are especially beneficial options for you if 

  • You wish to pursue an MBA from Pune without relocating to Pune
  • You want to continue your education and get an MBA degree while working simultaneously
  • You want to take up MBA from your dream B-school in Pune but could not get admitted to the regular MBA program. 

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So, with innovative and alternative MBA options coming up for students to continue education, you can also complete your MBA education from a few of the top business schools of Pune and experience a boost in your management career. 

Best Paid MBA Online Specialization

MBA Finance Online

MBA Marketing Online

MBA HR Online

MBA Operations Online

MBA IT Online

MBA Business Analytics Online

MBA International Business Online

MBA Data Science Online

MBA Project Management Online

MBA Digital Marketing Online

MBA Banking and Finance Online

MBA General Online

Other Online MBA Colleges

Here is a list of some online MBA colleges in different regions. You can check out this list & choose the best one near your residential/work location.

MBA Colleges In Bangalore MBA Colleges In Hyderabad
MBA Colleges In Lucknow MBA Colleges In Kolkata
MBA Colleges In Delhi MBA Colleges In Dehradun
MBA Colleges In India MBA Colleges In Varanasi
MBA Colleges In Gurgaon MBA Colleges In Bhubaneswar
MBA Colleges In Jaipur MBA Colleges In Patna
MBA Colleges In Chennai MBA Colleges In Mumbai
Government MBA Colleges In India MBA Colleges In Maharashtra
MBA Colleges In Ahmedabad MBA Colleges In Kerala


A few of the best accredited MBA colleges for an online or a distance MBA/PGDM have been listed below. 

College/University

Course Offered 

Mode of Learning 

Full Course Fee

Dr. D. Y. Patil Vidyapeeth, Pune 

Online MBA 

Fully Online Learning (OL)

INR 1,30,000

Symbiosis Centre for Distance Learning (SCDL)

PGDBA

(Post Graduate Diploma in Business Administration)

Open Distance Learning (ODL)

INR 55,000

Bharati Vidyapeeth, Pune

Online MBA 

Fully Online Learning (OL)

INR 1,00,000

MIT, Pune 

Distance PGDM 

Open Distance Learning (ODL)

INR 60,000

Bharati Vidyapeeth, Pune

Distance MBA

Open Distance Learning (ODL)

INR 76,000

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FAQs (Frequently Asked Questions)

Pune is a hub of management education and business schools in India. Some of the best management institutions in Pune include Symbiosis Institute of Business Management, National Insurance Agency, Pune Business School (PBS), International Institute of Management Studies (IIMS), Pune and Maharashtra Institute of Technology-College of Management (MIT-COM). 

There are a number of top colleges and business schools in Pune that offer an MBA course or a PGDM course to students. Some of the top colleges to pursue an MBA from in Pune include Symbiosis Institute of Business Management (SIBM), National Insurance Agency (NIA), Pune Institute of Business Management (PIBM),  International Institute of Management Studies (IIMS), Pune etc. 

Yes, Pune is a hub of management education and there are over 300 institutions offering MBA or equivalent management courses. The recognition of MBA colleges and universities in Pune is high and hence the job scope after completing an MBA from Pune is also good. So, an MBA degree from Pune is definitely worth pursuing.

A few of the best public universities in Pune for taking up an MBA include Bharati Vidyapeeth, Pune, College of Engineering, Pune, Department of Management Studies, Pune University, Savitribai Phule Pune University, National Insurance Agency (private cum public venture) etc.

Some of the MBA colleges in Pune that have a comparatively affordable fee range include Pune Business School (PBS- INR 6 Lakhs), Dr. D. Y. Patil Vidyapeeth (DPU) (INR 4.5 Lakhs), Bharati Vidyapeeth (INR 1.5 Lakhs to INR 7 Lakhs) etc. 

Symbiosis Institute of Business Management (SIBM), National Insurance Agency (NIA),  International School of Business and Media (ISBM), Pune, Symbiosis Institute of International Business (SIIB) etc. have good placement facilities for students, in terms of both the placement packages and the recruiting companies that participate in campus placements. 

The exact fee for completing an MBA course depends upon the university or business school you choose to pursue the course from. The course fee of an MBA in Pune can range from INR 4 lakhs to INR 21 lakhs whereas the average fee for most colleges ranges from INR 10 to INR 17 lakhs. 

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