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MBA Colleges in Pune

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MBA Colleges in Pune

Updated on October 28, 2023

 

Pune, known as ‘Oxford of the East’, is an academic centre of national repute which houses number of prestigious MBA colleges. As such Pune is one of the most sought after MBA study destinations. Pune has the seventh largest metropolitan economy and the sixth highest per capita income in the country.With its large student population, and a large number of academic and research institutes, Pune has a lot to offer to the MBA aspirants. Pune MBA colleges offer specializations in retail, health, financial services, banking, consulting, manufacturing, ITES and in other related domains which have earned great recognition to Pune as an academic centre of national repute. MBA colleges in Pune offer admission 2024 for all categories with the beginning of registration process for the eligible MBA entrance exams.

 

MBA colleges in Pune offer quality MBA education with high placements. Pursuing MBA in Pune offers great learning experience with excellent placements as compared to other cities. More than 100 MBA colleges in Pune offering quality education, make the city a cherished dream of pursuing management education. Among the top MBA colleges in Pune, are included SIBM Pune, SCMHRD Pune, PUMBA, among others. 

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The very purpose of this article by MBAUniverse.com is to provide latest and correct information about the opportunities of doing MBA in Pune, which are the best MBA colleges in Pune, MBA fee in Pune Colleges, MBA admission process in Pune, which are the acceptable exams, what are the cut offs, Admission chances in the MBA Colleges in Pune without Entrance Exam, MBA programmes and specializations offered, MBA Placements in Pune among other important details. So, begin your MBA journey with MBAUniverse.com here.

CHECK & COMPARE TOP MBA COLLEGES IN PUNE BY RANKING  

Table of Contents

  1. Why to opt for MBA in Pune? Check Key USPs
  2. MBA Colleges in Pune Highlights
  3. List of Top Ranked MBA Colleges in Pune 
  4. Top MBA Colleges in Pune with Fee Structure
  5. MBA Colleges in Pune Admission Process
  6. MBA Colleges in Pune Accepting Top Entrance Exams
  7. Government or Public MBA Colleges in Pune
  8. Private MBA Colleges in Pune
  9. MBA Colleges in Pune with Placement
  10. Specializations Offered by MBA Colleges in Pune
  11. Top MBA Colleges in Pune without Entrance Exam
  12. MBA in Pune FAQs

1. Why to opt for MBA in Pune? Check Key USPs
Doing MBA in Pune is a good choice as more options of pursuing MBA in Pune are available at low fee with high Return on Investment. With its unique status of education and industrial hub, greater corporate interface is also available. There are many reasons why Pune attracts thousands of aspirants for MBA admission in Pune every year from all parts of the country. A few of them are shared below:

 

1.1 High Growth Hub of Automative, IT, E-commerce
Pune is seventh largest metropolitan economy and the sixth highest per capita income city in the country. MBA in Pune offers plenty of job and career opportunities given the diverse nature of city’s business and economic landscape. Automotive companies like Bajaj Group, Tata Motors, Mahindra & Mahindra, Mercedes Benz, Force Motors (Firodia-Group), Kinetic Motors have large set ups in Pune. International automotive companies including General Motors, Land Rover, Jaguar, Volkswagen, and Fiat have set up greenfield facilities near Pune. India's leading engineering conglomerate, the Kirloskar Group, was one of the first to bring industry to Pune. The Hinjawadi IT Park (officially called the Rajeev Gandhi IT Park) has offices of leading IT companies like TCS, Infosys, HCL, Cognizant and Wipro.

 

1.2 Education Hub for Management, Technology, Health
In addition to well-known PUMBA and Symbiosis Institute of Management, Pune is home to many educational and research institutions in India, such as SCMHRD Pune, IIM Nagpur, IMT Nagpur, BIMM Pune among others. This creates a culture of education and access to a variety of different courses and knowledge platforms.

 

1.3 Strong Placements in Top Companies
Pune offers career and placement oriented MBA education. Pune has large Automobile Manufacturing and IT companies like Bajaj Auto, Tata Motors, Mercedes, TCS, Infosys, Cognizant, HCL among others.   

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2. MBA Colleges in Pune Highlights
More than hundred MBA colleges including many top MBA colleges, offer quality management education and make Pune a cherished dream of aspirants to pursue management education from the Management Institutes in Pune. MBA in Pune is broadly offered by three types of MBA colleges, namely – 1) IIMs – IIM Nagpur; 2) University MBA colleges in Pune like PUMBA, SIBM, SCMHRD, BIMM; 3) AICTE Approved PGDM Colleges in Pune like ISB&M, MITSOB, IIMS, NIA Pune, MITCON, ISMR Pune. All these management institutes make Pune a preferred MBA destination. Key highlights of doing MBA from Pune are:

Types of MBA Colleges in Pune
IIM, Government or Public, University Affiliated, Private PGDM colleges
Approximate number of MBA colleges in the Pune
100+
Top 5 MBA Colleges in Pune
SIBM Pune, SCMHRD Pune, PUMBA, IIM Nagpur, IMT Nagpur, ISB&M Pune
MBA Fees in Pune
  • PUMBA (University Low Fee College): Rs.1.5 to Rs.2 Lakhs
  • Private SIU or Other University MBA Colleges: Rs.8 to 20+ lakhs
  • Private PGDM Colleges: Rs.8 to 15 lakhs
  • IIM Nagpur: Rs.18.90 lakhs
MBA Programs offered in Pune
2 year MBA; AICTE approved PGDM; Specialized MBA; 1 year MBA for working professionals; Executive MBA; FPM and PhD program in Management
Specializations offered
General MBA, Analytics, Finance, Marketing, Human Resources, Healthcare & Hospital, Operations, International Business, IT & Systems, Business Analytics, Entrepreneurship, Family Business, Retail, Rural Management, Supply Chain among others
Average Placements
Average Placements in the Pune MBA colleges are in the range of Rs.5 to Rs.25+ lakhs per annum 
Top Domains & Sectors for Career Growth
IT/ITES, Marketing, Finance, HR, Analytics, Operations

3. List of Top Ranked MBA Colleges in Pune 
MBA colleges in Pune offer more MBA options with quality education, good return on Investment. The list of best MBA colleges in Pune shared below consists of the IIMs, Govt or public colleges, private colleges which offer a wide range of MBA courses with effective learning and industry interface over the years. Below are the top MBA Colleges in Pune with NIRF & MBAUniverse rankings, ratings, and grades. It includes the list of top PGDM colleges in Pune. 

Top MBA College in Pune
MBAUniverse.com Ranking 2023/ Grading
NIRF Ranking 2023
Department of Management Sciences (PUMBA), Pune
AAA
# 19 (Among Universities)
Symbiosis Institute of Business Management (SIBM) Pune
AAA
# 17
Symbiosis Centre for Management And Human Resource Development (SCMHRD) Pune
# 21
--
IIM Nagpur
# 27
# 43
IMT Nagpur
# 38
(Ranked Among top 125 B-schools)
Balaji Institute of Modern Management (BIMM) Pune
AA+
--
Balaji institute of International Business (BIIB) Pune
# 45
--
International School of Business & Media (ISB&M), Pune
# 51
--
International Institute of Management Studies (IIMS) Pune
# 67
--
Lexicon Management Institute of Leadership and Excellence (Lexicon MILE) Pune
AA
--
National Insurance Academy (NIA) Pune
AA
Ranked Among top 125
MITCON Institute of Management (MITCON) Pune 
A+
--
International School of Management and Research (ISMR) Pune
A+
--
MIT School of Business - MITSOB Pune
A+
--

4. Top MBA Colleges in Pune with Fee Structure
Top MBA colleges in Pune fees has wide range of options to pursue MBA from Pune. If we check the Top MBA Colleges in Pune Fee Structure, the MBA in Pune fee depends upon the type of the MBA College. There are best MBA colleges in Pune with low fees which include MBA colleges in Pune under 4 lakhs fee. Major differentiating point in MBA fees in Pune colleges is that Colleges offering Pune university MBA, offer MBA in Pune with low fees like PUMBA and other private university top MBA colleges in Pune fees like that of SIBM Pune, SCMHRD Pune is much higher. The MBA fees charged by BIMM, SIB&M, NIA among others is moderate. A list of MBA colleges in Pune with fee is shared below:

MBA College
Type of MBA College
MBA College in Pune Fees (Rs. in Lakhs)
Department of Management Sciences (PUMBA), Pune
Savitribai Phule University Pune MBA college
Rs.  2.45 lakhs
Symbiosis Institute of Business Management (SIBM) Pune
Symbiosis International University (SIU) MBA college
Rs. 24.59 lakhs
Symbiosis Centre For Management And Human Resource Development (SCMHRD) Pune
Symbiosis International University (SIU) MBA college
Rs.23.75 lakhs
IIM Nagpur
Central Govt. Created IIM
Rs.18.90 lakhs
MITCON Institute of Management (MITCON) Pune 
AICTE Approved PGDM College
Rs.  6.10 lakhs
International School of Management and Research (ISMR) Pune
AICTE Approved PGDM College
Rs.  6.00 lakhs
MIT School of Business - MITSOB Pune
AICTE Approved PGDM College
Rs.  6.50 lakhs
Lexicon Management Institute of Leadership and Excellence (Lexicon MILE) Pune
AICTE Approved PGDM College
Rs.  8.30 lakhs
International Institute of Management Studies (IIMS) Pune
AICTE Approved PGDM College
Rs.  9.00 lakhs
National Insurance Academy (NIA) Pune
AICTE Approved PGDM College
Rs.11.00 lakhs
Balaji Institute of Modern Management (BIMM) Pune
Sri Balaji University, Pune (SBUP) MBA college
Rs.10.70 lakhs
Balaji institute of International Business (BIIB) Pune
Sri Balaji University, Pune (SBUP) MBA college
Rs.10.70 lakhs
International School of Business and Media (ISB&M) Pune
AICTE Approved PGDM College
Rs.12.20 lakhs
IMT Nagpur
AICTE Approved PGDM College
Rs.15.00 lakhs

4.1 MBA Colleges in Pune with Low Fees
The top MBA colleges in Pune with low fees include all the institutes offering Pune University MBA program.  The MBA in Pune with low fee goes in the range of 2.5 lakhs to Rs.9 lakhs, if you take admission to Pune University MBA program offered by many of these colleges. However, some of the best MBA Colleges in Pune with low fees include the top PGDM Colleges in Pune that offer AICTE approved PGDM, equivalent to MBA with slightly higher fee structure and updated course content which is not dependent on the university curriculum. So, take the right decision before finalizing your MBA admission in Pune.

MBA College in Pune with Low Fees
MBA in Pune with Low Fees (Rs. in Lakhs)
Department of Management Sciences (PUMBA), Pune
Rs.  2.45 lakhs
MITCON Institute of Management (MITCON) Pune 
Rs.  6.10 lakhs
International School of Management and Research (ISMR) Pune
Rs.  6.00 lakhs
MIT School of Business - MITSOB Pune
Rs.  6.50 lakhs
Lexicon Management Institute of Leadership and Excellence (Lexicon MILE) Pune
Rs.  8.30 lakhs
International Institute of Management Studies (IIMS) Pune
Rs.  9.00 lakhs

5. MBA Colleges in Pune Admission Process
Admission process in Pune MBA colleges has following components:

  • Academic Eligibility criteria for MBA Admission in Pune is minimum 3 years bachelor’s degree with minimum 50% marks in any discipline
  • The applicant has to appear in one of the acceptable MBA entrance exams and also has to apply for MBA admission in the preferred institute – For example SIBM, SCMHRD accept only SNAP exam score; PUMBA accepts MAH CET and CAT score, whereas BIIB, BIMM and other best Pune B-schools accept other exam scores also.
  • You will be shortlisted based on your MBA entrance exam score, academics and work experience
  • Appear in GD-PI Round after shortlisting process.
  • For MBA admission in PUMBA and other B-schools who offer admission through DTE CAP, the candidate has to register and apply for CAP round through which seat allotment in MBA colleges in Pune is done.
  • On receipt of final MBA admission offer, you must pay the acceptance/admission fees by the stipulated date

6. MBA Colleges in Pune Accepting Top Entrance Exams
So, which are the most popular MBA exams accepted in MBA colleges in Pune, which are the best MBA Colleges with Cut off? All these queries are answered below. While some of the MBA colleges accept only National exams like CAT/XAT/SNAP/CMAT, some of the colleges accept state level MBA entrance exams like MAHCET.

 

Besides, MBA colleges with cut off in shortlisting for admission have a range of 60 percentile to 99 percentile in various entrance exams like CAT, XAT, SNAP, GMAT, CMAT, MAHCET, MAT, ATMA. Some of the top MBA colleges in  Pune with cut off  in the range of 95+ percentile are SIBM Pune, PUMBA, SCMHRD. Other top PGDM colleges in Pune 2023 with cut off, like NIA, BIMM, BIIB, remain in the range of 70-80 percentile.

MBA College
Exam Accepted
Cut off & Admission Process
Symbiosis Institute of Business Management (SIBM) Pune
SNAP
Symbiosis Centre For Management And Human Resource Development (SCMHRD) Pune
SNAP
IIM Nagpur
CAT
Department of Management Sciences (PUMBA), Pune
MAH CET
Balaji Institute of Modern Management (BIMM) Pune
CAT/MAT/XAT/CMAT/ MH-CET
International School of Business and Media (ISB&M) Pune
CAT/MAT/XAT/CMAT/ MH-CET
MIT School of Business - MITSOB Pune
CAT/MAT/XAT/CMAT/ MH-CET
International Institute of Management Studies (IIMS) Pune
CAT/MAT/XAT/CMAT/ MH-CET
Lexicon Management Institute of Leadership and Excellence (Lexicon MILE) Pune
CAT/MAT/XAT/CMAT/ MH-CET
National Insurance Academy (NIA) Pune
CAT/CMAT
MITCON Institute of Management (MITCON) Pune 
CAT/MAT/XAT/CMAT/ MH-CET
International School of Management and Research (ISMR) Pune
CAT/MAT/XAT/CMAT/ MH-CET

7. Government or Public MBA Colleges in Pune
Well known Government or Public MBA colleges in Pune include Department of Management Sciences (PUMBA), Savitribai Phule Pune University, IIM Nagpur among other MBA colleges in Pune. 

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8. Private MBA Colleges in Pune
Private MBA colleges in Pune include many top MBA and PGDM colleges for example SIBM Pune, SCMHRD Pune of SIU University. Sri Balaji University, Pune (SBUP) is one of the top private universities which houses four leading management institutes namely Balaji Institute of Modern Management (BIMM), Balaji Institute of Management and Human Resource Development (BIMHRD), Balaji Institute of Telecom and Management (BITM), and Balaji Institute of International Business (BIIB). All these constituent institutes of SBUP offer full time quality MBA programmes with specialization in key areas of Management.

 

9. MBA Colleges in Pune with Placement
MBA in Pune offers plenty of job and career opportunities given the diverse nature of city’s business and economic landscape.

 

All the top MBA colleges in Pune with placement record of 100% make this city a preferred MBA destination. These MBA colleges offer high average salary in the range of Rs.5 to 20+ LPA in final placements.

 

Automotive companies like Bajaj Group, Tata Motors, Mahindra & Mahindra, Mercedes Benz, Force Motors (Firodia-Group), Kinetic Motors have large set ups in Pune. International automotive companies including General Motors, Land Rover, Jaguar, Volkswagen, and Fiat have set up greenfield facilities near Pune. India's leading engineering conglomerate, the Kirloskar Group, was one of the first to bring industry to Pune. The Hinjawadi IT Park (officially called the Rajeev Gandhi IT Park) has offices of leading IT companies like TCS, Infosys, HCL, Cognizant and Wipro. Top MBA colleges in Pune with placements 2023 and with their latest average salary are given below:

MBA College
Average Salary in Placement (Rs. in Lakhs Per Annum)
Symbiosis Institute of Business Management (SIBM) Pune
26.77
Symbiosis Centre For Management And Human Resource Development (SCMHRD) Pune
23.83
IIM Nagpur
16.74
IMT Nagpur
10.81
Department of Management Sciences (PUMBA), Pune
  8.85
Balaji Institute of Modern Management (BIMM) Pune
  8.25
International School of Business and Media (ISB&M) Pune
  8.80
MIT School of Business - MITSOB Pune
  4.90
International Institute of Management Studies (IIMS) Pune
  7.50
Lexicon Management Institute of Leadership and Excellence (Lexicon MILE) Pune
  6.50
National Insurance Academy (NIA) Pune
 10.30
MITCON Institute of Management (MITCON) Pune 
  4.50
International School of Management and Research (ISMR) Pune
  5.60

10. Specializations Offered by MBA Colleges in Pune
Pune houses some of the best MBA/PGDM colleges in India. AICTE approved best MBA colleges in Pune are at par with top B-schools. The 2 years full time PGDM program offered by these institutes has highly flexible curriculum which is modified and updated as per the industry requirement. These PGDM colleges offer quality education with high placement packages.

 

The diversified specializations offered by these PGDM colleges include Marketing, Consulting, International Business, Retail Management, Finance, HR, Public Policy, IT, Operations and other related areas. All this offers a wide range of options in choosing the befitting PGDM college

 

10.1 MBA colleges in Pune Top Specializations
Top MBA Colleges in Pune for Marketing, Top MBA colleges in Pune for Finance and top MBA colleges in Pune for HR are as shared below:

Top MBA college in Pune
Top Specializations Offered 
PUMBA Pune
Marketing, Finance, Systems, Operations, Human Resources, International Business
SIBM Pune
Marketing, Finance, Operations & Supply Chain Management, Human Resource Management, and Data Analytics
SCMHRD Pune
HR, Marketing, Finance, Operations, Infrastructure Development and Management and Business Analytics
IIM Nagpur
Marketing, Finance, HR, Operations
IMT Nagpur
Marketing, Finance, HR & OB, Operations Management, Business Analytics & IT, Economics
ISB&M Pune
Marketing, HR, Supply Chain, Analytics, Finance
BIMM Pune
Finance, Marketing, HR, Analytics, International Business
NIA Pune
Insurance, Marketing, Finance, HR, Operations

11.Top MBA Colleges in Pune without Entrance Exam
Many MBA colleges in Pune offer admission based on profile and conduct their own admission test. These MBA colleges in Pune do not insist on high score in entrance exam. Besides, during past two years of pandemic, AICTE had also directed the MBA colleges in Pune not to insist on score of MBA entrance exams for admission. Some of the top MBA colleges in Pune without entrance exams are listed below:

 

MBA College

  • Balaji Institute of Modern Management (BIMM) Pune
  • International School of Business and Media (ISB&M) Pune
  • MIT School of Business - MITSOB Pune
  • International Institute of Management Studies (IIMS) Pune
  • Lexicon Management Institute of Leadership and Excellence (Lexicon MILE) Pune
  • MITCON Institute of Management (MITCON) Pune 
  • International School of Management and Research (ISMR) Pune

12. MBA in Pune FAQs
Below are some of the FAQs with answers to the specific queries of the MBA aspirants looking for admission in MBA colleges in Pune

 

Q. Which B-schools accept CAT score in Pune
A.
MBA Colleges in Pune Accepting CAT Score for admission to their flagship MBA/PGDM program are some of the best MBA colleges in India. Although the MBA colleges in Pune accepting CAT score include all the management institutes, none of the Symbiosis institutes accept CAT score. IIM Nagpur accepts only CAT score

Read More MBA Colleges in Pune Accepting CAT Score

 

Q. Which MBA Colleges in Pune accept MAT Score?
A.
MBA Colleges in Pune Accepting MAT Score are more than 50. These MBA colleges in Pune accept MAT score in their shortlisting process for admission. MBA colleges accepting MAT score in Pune include ISB&M, BIMM, MITSOB, IIMS, Lexicon MILE, MITCON, ISMR among others.

Read More MBA Colleges in Pune accepting MAT Score

 

Q. Which MBA Colleges in Pune accept CMAT Score?
A.
MBA Colleges in Pune Accepting CMAT Score  include PUMBA, NIA Pune, BIMM, ISB&M, MITSOB, IIMS, Lexicon MILE, MITCON, ISMRamong others. More than 50 MBA colleges shortlist and offer admission to their flagship MBA/PGDM programs on the basis of CMAT exam score.

Read More MBA Colleges in Pune accepting CMAT Score

 

Q. Which MBA Colleges in Pune Accept XAT Score?
A.
MBA Colleges in Pune Accepting XAT Score include most MBA colleges except SIBM, SCMHRD and IIM Nagpur.

Read More MBA Colleges in Pune accepting XAT Score

 

Q. Which MBA Colleges in Pune accept SNAP exam score?
A.
MBA Colleges in Pune Accepting SNAP Score are Symbiosis institute of Business Management (SIBM) Pune; SCMHRD Pune and other Symbiosis institutes in Pune. They accept only SNAP exam score for admission to their MBA program.

 

Q. Which MBA Colleges in Pune accept MAH CET score?
A.
MBA Colleges in Pune Accepting MAH CET Score include PUMBA Pune, BIMM, MITSOB, IIMS, Lexicon MILE, MITCON, ISMR among other 100 MBA colleges which accept MAH CET exam score apart from other exam scores. 

 

All the top MBA colleges in Pune offer better and updated course content delivered through highly qualified and experienced faculty. So take the right decision before finalizing your MBA admission in Pune  

Alert! MBA Admissions 2024 Closing for Top CAT, XAT Colleges | Apply Now 
IFMR GSB Krea University | Closing Soon | Apply Now BIMTECH Greater Noida|Last Date: Feb 29 |Apply Now
Welingkar Mumbai & Bengaluru | Closing Soon | Apply Now Jaipuria Noida, Lucknow | Closing Soon | Apply Now
S P Jain Global Mumbai | Closing Soon | | Apply Now JAGSoM Bangalore | Closing Soon | Apply Now
SDA Bocconi Asia Center | Closing Soon | Apply Now VBS Mumbai | Closing Soon | Apply Now
Woxsen University | Last Date: March 02 | Apply Now       Jaipuria Noida, Lucknow | Closing Soon | Apply Now
SOIL Gurgaon | Closing Soon | Apply Now Mahindra University HYD | Closing Soon | Apply Now
IBA Bangalore | Closing Soon | Apply Now JIMS Rohini Delhi | Closing Soon | Apply Now

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