Finding Best MBA college in Mumbai and Pune

You have been through 18 years of education which includes your schooling and graduation, now it’s the right time to apply, to step out in the world and find a place of yours. But then you are faced with many alternatives like to join workforce or to go for further education. If you are the one who wants to get into better job or start your own venture then getting a professional degree like MBA will help you for sure.

MBA can help you in many ways like better packages, promotions, helps in broadening your horizons, makes you more effective and more than then it builds confidence to survive through corporate competition. There are hundreds of B-schools in Maharashtra but only few of them are worth going for. Here is the list of top 20 MBA colleges in Maharashtra which can help to build your career:

  1. Jamnalal Bajaj Institute of Management Studies (JBIMS)

Jamnalal Bajaj Institute of Management Studies
Jamnalal Bajaj Institute of Management Studies

It is the third oldest B-school in India and was ranked 16th by Business Today in 2014. It is one of the favorite institutes for MBA aspirants as you get 100% placements with the best packages in town. Here, the fee is also quite nominal as they take Rs. 2.10 lacs for two year tuition fee.

  1. Narsee Monjee Institute of Management Studies (NMIMS)

Narsee Monjee Institute of Management Studies
Narsee Monjee Institute of Management Studies

Another best school in Mumbai which is operating from last 32 years and now they have also emerged as a multi-disciplinary university with four campuses. All the faculty members are well-qualified from best institutes across the world. The average package went to Rs.  14.40 LPA last year and the two year tuition fee they charge is Rs. 12.62 Lacs.

  1. SP Jain Institute of Management and Research (SPJIMR)

SP Jain Institute of Management and Research
SP Jain Institute of Management and Research

It is one of the top college of India and all the alumni of this institute are placed in leading companies with the best packages. SPJIMR also promotes entrepreneurship among their students. The average salary package here is Rs. 18.20 LPA and in total 78 companies participated in recruitment process. They take Rs.  10.50 Lacs as a two year tuition fee.

  1. J. Somaiya Institute of Management studies and Research

J. Somaiya Institute of Management studies and Research
J. Somaiya Institute of Management studies and Research

J Somaiya is another best MBA college in Mumbai which gives you 100% placement service. They charge around 3.1 lacs for two year fee and offer you courses like PGDM, MMS, PGDM-IB, PGDM- Retail and also offers part time courses like MMM, MIM and MFM. Average package one can expect is RS. 8.2 LPA.

  1. Welingkar Institute of Management Development, Mumbai

Welingkar Institute of Management Development
Welingkar Institute of Management Development

One of the finest B-school in India that offers courses in various fields like Finance, Marketing, Retail, HR, System, Operations and many others. For working professional the college also runs tailor made programs. It is one institute that uses online lectures by very well qualified faculties and professional. They charge around 4.5 Lacs for two year tuition fee.

  1. National Institute of Industrial Engineering (NITIE), Mumbai

National Institute of Industrial Engineering
National Institute of Industrial Engineering

It is the prime institute that offers PGDIE for Engineers and technology graduates. Last year it also got honored by ABP News National Award for Outstanding B-school (West). It is also favored by MBA aspirants as NITIE is considered as one of the 15 centers of excellence in India. They charge approximately 5.5 Lacs for two year fee.

  1. Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)

Sydenham Institute of Management Studies
Sydenham Institute of Management Studies

SIMSREE is one among the best institutes in India who have 100% placement record with an average salary of Rs. 10.22 LPA. The institute is recognized and AICTE approved. All the alumni are currently placed in world’s best organization. College also conducts various seminars and workshops so as to give in-depth knowledge about the subject and they charge quite nominal fee which is around 1.38 Lacs!

  1. Kirloskar Institute of Advanced Management Studies (KIAMS), Pune

Kirloskar Institute of Advanced Management Studies
Kirloskar Institute of Advanced Management Studies

KIAMS is one of the best MBA colleges in Maharashtra. It was established in year 1991 and since then they have excelled in providing best of education and training to their students. Last year total 75 companies participated in recruitment process and offered 7 LPA as highest package. If one is really willing to be on top of the game and looking for MBA College in Pune then KIAMS is meant for you. Here, the tuition fee for two year is 6 Lacs.

  1. ITM Business School (ITM), Navi Mumbai

ITM Business School
ITM Business School

ITM is first private, non-aided business school in India which also maintains 100% placement record. The institute has dedicated placement cell that works towards the development of students. They also keep seminars, case studies, sessions from best of corporate people across the world. The tuition fee 7.45 Lacs for two year program.

  1. SIES College of Management Studies

SIES College of Management Studies
SIES College of Management Studies

SIES was established in 1995 so as to cater management education in India and if we see the placement record of SIES, it is growing year by year. The highest salary package offered in 2015 was Rs. 17 LPA and average being Rs. 6.5 LPA. They conduct conferences and workshops on regular basis so as to give exposure to their students. The colleges charges Rs. 5.20 Lacs for two year tuition fee.

  1. Kohinoor Business School, Mumbai

Kohinoor Business School
Kohinoor Business School

Kohinoor Business School is one of the recognized B-school in Mumbai. It is AICTE approved and has state-of-art-infrastructure. The college has highly qualified and experienced faculty from reputed college. The college also keeps customized curriculum as per the industry norms. The tuition fee for two year MBA program is 4.5 Lacs.

  1. ASM Institute of Business Management and Research (ASM’s IBMR), Pune

ASM Institute of Business Management and Research
ASM Institute of Business Management and Research

This institute is affiliated to Savitribai Phule Pune University and also has association with companies like Oracle, IBM to provide value addition to students. The college gives lot of emphasis on holistic development. The tuition fee for two year term is 4 Lacs and during this term the college also calls international faculty to give exposure into global corporate world.

  1. Sri Balaji Society’s Balaji Institute of Modern Management (BIMM), Pune

Sri Balaji Society’s Balaji Institute of Modern Management
Sri Balaji Society’s Balaji Institute of Modern Management

One of the favorite Institutes among students as the campus has all the updated features, equipments and technology. The college has excellent placement record, in 2015 the highest salary offered was Rs. 21 LPA and minimum was 4 LPA. The college also has MOU with SAP India Pvt. Ltd. for online training course. They charge Rs. 8.5 Lacs for their MBA program.

  1. Vikhe Patil Foundation’s Pravara Centre for Management Research and Development (PCMRD), Pune

PCMRD Pune
PCMRD Pune

It is one of the old B-school in India; it was established 17 years ago and is preferred among MBA aspirants. The college has highly qualified and experienced faculty panel providing best of management education. They also believe in practical training that’s why they keep conferences, seminars and give extensive industry exposure to their students. The tuition fee for two year term is just 1.10 Lacs.

  1. FLAME University

FLAME University
FLAME University

Flame is one the most popular institute among MBA aspirants in Maharashtra. It is AICTE approved that covers all area in management sciences such as marketing, finance, organizational behavior, business, and many more. In placement process, all national and multi-national companies participate. The college charges Rs. 5.30 Lacs for two year MBA program.

  1. ICFAI Business School, Pune

ICFAI Business School
ICFAI Business School

ICFAI was established in year 1996 and since then this institute has grown in terms of reputation, placements and is now considered as one of the best B-school in Pune. They charge around Rs. 7 Lacs as their tuition fee. One can take admission here by giving entrance exam of CAT, XAT, MAT, IBSAT and GMAT. The average package offered was 6.04 LPA last year.

  1. Indira Institute of Management (IIMP), Pune

Indira Institute of Management Pune
Indira Institute of Management Pune

IIMP was ranked 38 in “All India ranking” by Business India in 2014. The college also has NBA accreditation for MBA course and also provides overseas education trips to their students so as to broaden their interest and train them as per global standards. The tuition fee here is approximately 5.5 Lacs.

  1. International School of Business and Media, Pune

International School of Business and Media
International School of Business and Media

As per CNN money research 2014, alumni of this B-school share almost 70% in world’s top 20 most preferred employers by world’s best MBA. The college has 100% placement record with highest package of 18 LPA suring last academic session.  The college has it all – good infrastructure, well qualified faculty, good placements and for this they charge only 8.5 Lacs for two year.

  1. MIT School of Business (MITSOB), Pune

MIT School of Business
MIT School of Business

It was established in year 1991 and since then the college has shown consistent placement records. All the placements made by the institutes are with reputed companies and with good salary package. The college is also known for conducting value added programs like financial modeling and also takes their student for international study tour. The fee for two year MBA program is Rs. 5.5 Lacs.

  1. Singhad Business School, Pune

Singhad Business School
Singhad Business School

Singhad Business School is another good B-school in Maharashtra with state-of-art infrastructure and highly experienced and qualified faculty. The placement cell starts working on their students from beginning only by conducting workshops, seminars, industrial visits, internship, training and pre-placement talks so as to build the morale of the students. The tuition fee for two year program is just one lac!

Options are many but it is us to decide which way to go! MBA when done with good institute adds value to not just your degree but to your personality as well.

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One thought on “Finding Best MBA college in Mumbai and Pune

  1. Thanks to the author of the blog who has given such detailed information about the best colleges in Pune and Mumbai. The list with brief explanation about the respective colleges will help the students in short listing as per their requirements.

    Like

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