Back

15 min read

Top 10 MBA Colleges In Pune With Fees

Arun | Mar 19 2024

The top MBA colleges in Pune are Symbiosis Institute of Business Management, Lexicon Management Institute of Leadership and Excellence (Lexicon Mile), National Institute of Bank Management, Bharati Vidyapeeth’s Institute of Management and Entrepreneurship Development, National Insurance Academy, and Pune Institute of Business Management. Pune is commonly known as the Oxford of the East because of its educational institutes and universities. Home to over 200 management colleges, Pune is the perfect city for a well-balanced student life.

Top MBA Colleges in Pune: Highlights 2024

Parameters	Particulars
No. Of MBA Colleges	210
Average MBA Course Fees (INR)	INR 20,000 - INR 25,00,000
Top Specializations	Finance, Operations, Marketing, Human Resource
Entrance Exams	CAT, CMAT, MAHCET, MAT, XAT
Average Package(INR)	INR 8,00,000 - INR 10,00,000
Top Recruiters	Accenture, TATA, Flipkart, Google

Top MBA Colleges in Pune: NIRF Ranking

A respected government initiative called the National Institutional Ranking Framework (NIRF) is a ranking agency that evaluates and ranks educational institutions across a variety of categories, providing precious insights into their performance and quality. A few of the factors that are taken into account during the methodology to announce the rankings are the faculty's engagement, the kind of career options that placement offers, the accessibility of learning resources to all students, and the opportunity to conduct research in any specialized field of study. This year, NIRF included four MBA colleges from Pune in the list of Top 100 MBA Colleges in India.

MBA College/University	NIRF Ranking 2023
Lexicon Management Institute of Leadership Excellence, Pune
Symbiosis Centre for Management and Human Resource Development - [SCMHRD], Pune	21
PUMBA: Department of Management Sciences University of Pune
National Insurance Academy - [NIA], Pune	114
National Institute of Bank Management, Pune	76
BharatiVidyapeeth's Institute of Management and Entrepreneurship Development, Pune	102
Balaji Institute of Modern Management - [BIMM], Pune
International School of Business and Media - [ISB&M], Pune
Symbiosis Institute of Business Management - [SIBM], Pune	17
Balaji Institute of International Business (BIIB), Pune
Balaji Institute of Management and Human Resource Development - [BIMHRD], Pune	76-100
MIT School of Business - MITSOB Pune

Top MBA Colleges in Pune with The Times Ranking

Optimal Media Solutions - The Times, in partnership with Advance India has issued a list of the top MBA schools in Pune following the completion of a survey. The Times survey uses a variety of criteria to rate colleges.

Below is the table of the Top MBA colleges in Pune ranked by The Times Ranking in 2022:

The Times Ranking 2022	College Name
11	Lexicon Management Institute of Leadership And Excellence, Pune
11	Balaji Institute of International Business (BIIB), Pune
14	International School of Business And Media, Pune
16	Dr. VishwanathKarad MIT World Peace University, School of Management, Pune
1	Symbiosis Institute of Business Management, Pune
20	Dr. D. Y. Patil B-School, Tathawade, Pune
24	Symbiosis Centre For Management & Human Resource Development, Hinjawadi, Pune
25	International Institute of Management Studies, Pune
27	IIEBM, Indus Business School, Wakad Pune
31	Balaji Institute of Modern Management (BIMM), Pune
38	Suryadatta Institutes of Management & Mass Communication (SIMMC), Bavdhan, Pune
44	Balaji Institute of Management And Human Resource Development (Bimhrd), Pune
46	Pune Institute of Business Management, Pune
48	BharatiVidyapeeth (Deemed To Be) University, Institute of Management And Entrepreneurship Development, Pune
50	Global Business School & Research Centre, Pune
79	MIT ADT University, MIT College of Management, Pune
81	Indira School of Business Studies PGDM, Pune
87	School of Management, Ajeenkya DY Patil University, Pune
98	S. B. Patil Institute of Management, Pune
99	MITCON Institute of Management, Balewadi, Pune
105	Vaikunth Mehta National Institute of Cooperative Management, Pune
133	Indira School of Business Studies, Pune
140	Sai Balaji International Institute of Management Sciences, Pune
149	Balaji Institute of Telecom & Management, Pune

Top MBA Colleges in Pune: Entrance Process

To secure admission into the top MBA colleges in Pune, candidates have to undergo a rigorous entrance process. The most common entrance exams for MBA admissions in Pune contain CMAT (Common Management Admission Test), CAT (Common Admission Test), XAT (Xavier Aptitude Test), and SNAP (Symbiosis National Aptitude Test). Each institutes and colleges might have its specific entrance eligibility criteria, including group discussions, cut-off scores, personal interviews, and written ability tests.

MBA College/University	Accepted Entrance Exams
Symbiosis Institute of Business Management - [SIBM], Pune	SNAP
Symbiosis Centre for Management and Human Resource Development - [SCMHRD], Pune	SNAP
PUMBA: Department of Management Sciences University of Pune	CAT/CMAT/MAH CET/MAT/ATMA/XAT/GMAT/NMAT/SNAP/IBSAT/CET/AMMI-CET/MICAT/TISSNET/IIFT/MH-CET/CMAT/CET/AMMI-CET/MICAT/TISSNET/IIFT
National Insurance Academy - [NIA], Pune	CAT/XAT/CMAT/MAT/ATMA
Balaji Institute of Modern Management - [BIMM], Pune	CAT/XAT/MAT/CMAT/MAH CET/ATMA
International School of Business and Media - [ISB&M], Pune	CAT/XAT/MAT/CMAT/ATMA
Lexicon Management Institute of Leadership Excellence, Pune	CAT/XAT/MAT/CMAT/ATMA/GMAT/NMAT/SNAP
Balaji Institute of International Business (BIIB), Pune	CAT/XAT/MAT/CMAT/MAH CET/ATMA
Balaji Institute of Management and Human Resource Development - [BIMHRD], Pune	CAT/XAT/MAT/CMAT/MAH CET/ATMA
MIT School of Business - MITSOB Pune	CAT/XAT/MAT/CMAT/MAH CET/ATMA/GMAT/NMAT/SNAP

Top MBA Colleges in Pune: Eligibility Criteria

MBA College/University	Eligibility Criteria
Lexicon Management Institute of Leadership Excellence, Pune	Bachelor’s degree or equal in any discipline with minimum 50% marks (45% marks for reserved categories (SC, ST, OBC)) from a recognized university or institution.
Symbiosis Centre for Management and Human Resource Development - [SCMHRD], Pune	Bachelor’s degree or equal in any discipline with minimum 50% marks (45% marks for reserved categories (SC, ST, OBC)) from a recognized university or institution.
PUMBA: Department of Management Sciences University of Pune	Bachelor’s degree or equal in any discipline with minimum 50% marks (45% marks for reserved categories (SC, ST, OBC)) from a recognized university or institution.
National Insurance Academy - [NIA], Pune	Bachelor’s degree or equivalent in any discipline with at least 50% marks (45% marks for reserved categories) from a recognized university or institution.
Balaji Institute of Modern Management - [BIMM], Pune	Bachelor’s degree or equivalent in any discipline with at least 50% marks (40% marks for reserved categories) from a recognised university or institution.
International School of Business and Media - [ISB&M], Pune	Bachelor’s degree or equivalent in any discipline with at least 50% marks (45% marks for reserved categories) from a recognised university or institution.
Symbiosis Institute of Business Management - [SIBM], Pune	Bachelor’s degree or equal in any discipline with at least 50% marks (45% marks for reserved categories) from a recognised university or institution.
Balaji Institute of International Business (BIIB), Pune	Bachelor’s degree or equivalent in any discipline with at least 50% marks (40% marks for reserved categories) from a recognised university or institution.
Balaji Institute of Management and Human Resource Development - [BIMHRD], Pune	Bachelor’s degree or equivalent in any discipline with at least 50% marks (40% marks for reserved categories) from a recognised university or institution.
MIT School of Business - MITSOB Pune	Bachelor’s degree or equivalent in any discipline with at least 50% marks (45% marks for reserved categories) from a recognised university or institution.

Top MBA colleges in Pune with fees

When searching for an MBA program, understanding the fees structure is crucial. The fees for MBA programs in Pune differ across colleges based on infrastructure, faculty expertise, industry collaborations, and status. On average, the fees for a 2-year MBA program in Pune range from INR 6 lakhs to INR 25 lakhs. Considering the return on investment and the scholarships or financial help options available before finalizing a college is necessary.

MBA College/University	Course Fee (Approx.)
Symbiosis Institute of Business Management - [SIBM], Pune	INR 20,50,000
Symbiosis Centre for Management and Human Resource Development - [SCMHRD], Pune	INR 17,43,000
PUMBA: Department of Management Sciences University of Pune	INR 1,34,000
National Insurance Academy - [NIA], Pune	INR 12,50,000
Balaji Institute of Modern Management - [BIMM], Pune	INR 7,85,000
International School of Business and Media - [ISB&M], Pune	INR 11,80,000
Lexicon Management Institute of Leadership Excellence, Pune	INR 8,30,000
Balaji Institute of International Business (BIIB), Pune	INR 7,85,000
Balaji Institute of Management and Human Resource Development - [BIMHRD], Pune	INR 7,85,000
MIT School of Business - MITSOB Pune	INR 8,00,000

Top MBA Colleges in Pune: Infrastructure Facilities

Top 10 MBA colleges in Pune priorities creating an environment conducive to holistic knowledge and growth. These institutes boast state-of-the-art infrastructure facilities, including modern classrooms, well-equipped libraries, computer labs, sports facilities, auditoriums and Wi-Fi connectivity. The campuses are built to encourage creativity, teamwork, and hands-on learning, giving students a comprehensive education.

Top 10 MBA colleges in Pune According to Placement

One of the significant factors to consider while selecting an MBA college in pune is its placement record of the college. The top MBA colleges in Pune have vigorous industry connections and dedicated placement cells that facilitate internships and final placements. well-known companies across various sectors, including finance, consulting, IT, manufacturing, and FMCG, dynamically hire from these colleges. The average placement packages offered by these colleges range from INR 8 lakhs to INR 25 lakhs per annum, depending on factors such as specialization, student profile, and the current job market.

MBA College/University	Average Placement Package (Approx.)
Symbiosis Institute of Business Management - [SIBM], Pune	INR 20,14,000 per annum
Symbiosis Centre for Management and Human Resource Development - [SCMHRD], Pune	INR 15,60,000 per annum
PUMBA: Department of Management Sciences University of Pune	INR 6,00,000 per annum
National Insurance Academy - [NIA], Pune	INR 8,00,000 per annum
Balaji Institute of Modern Management - [BIMM], Pune	INR 6,00,000 per annum
International School of Business and Media - [ISB&M], Pune	INR 8,00,000 per annum
Lexicon Management Institute of Leadership Excellence, Pune	INR 5,00,000 per annum
Balaji Institute of International Business (BIIB), Pune	INR 6,00,000 per annum
Balaji Institute of Management and Human Resource Development - [BIMHRD], Pune	INR 6,00,000 per annum
MIT School of Business - MITSOB Pune	INR 8,00,000 per annum

Placement Rating and Top Recruiters

Name of the College	Placement Rating (based on reviews)	Top Recruiters
Lexicon Management Institute of Leadership Excellence, 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 - SavitribaiPhule Pune University, Pune	4.1	Amazon, Veritas, Arvind Internet Limited, CyberSponse, Thermax, Content Sphere
Institute of Management and Entrepreneurship Development, BharatiVidyapeeth, Pune	4.0	ICICI, IDFC, Wipro, Reliance Industries Limited, Axis Bank

Top 10 Private MBA Colleges in Pune

As students get older, becoming financially independent is a typical goal. It's a main driving force behind their academic pursuits. Along with establishing a good status at their chosen company, students should goal for a salary matching their abilities. Settling for less is never an choice when you know you deserve more. Return on Investment (ROI), which determines the credibility and productivity of an MBA college, holds significant importance. To facilitate your search, here are 5 exceptional private MBA colleges in Pune that offer outstanding ROI. The list below presents five of Pune's best private MBA colleges that offer an amazing ROI.

College Name + ROI Rank	Average Annual Fees	Average Placement Package
Lexicon Management Institute of Leadership Excellence, Pune	INR 5,00,000 per annum
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

Top MBA Colleges in Pune: Most Popular MBA Specializations

Pune offers excellent opportunities for doing MBA in different specialisations. These colleges provide industry exposure, excellence education, industry exposure and excellent placement opportunities in their respective specialisations. Choose the MBA specialization and college that aligns with your career objectives and interests for a flourishing MBA journey. Here are some of the top MBA colleges in Pune for popular specialisations like marketing, finance, HR, etc:

Specialization	College Name
Marketing	Balaji Institute of Modern Management
Marketing	Institute of Management and Entrepreneurship Development
Marketing	Symbiosis Institute of Business Management
Marketing	FLAME University
Marketing	ChetanDattaji Gaikwad Institute of Management Studies
Finance	Genesis Business School
Finance	Symbiosis Institute of Management Studies
Finance	Department of Management Science, SavitribaiPhule Pune University
Finance	FLAME University
Finance	All India Shri Shivaji Memorial Society’s Institute of Management
Human Resource Management	Balaji Institute of Modern Management
Human Resource Management	BharatiVidyapeeth’s Institute of Management and Entrepreneurship Development
Human Resource Management	Symbiosis Institute of Management Studies
Human Resource Management	MIT School of Business

Top MBA Colleges in Pune: Alumni Network

For MBA applicants, having a strong alumni network is crucial since it provides access to networking opportunities, job prospects, and mentorship. The top MBA colleges in Pune boast wide alumni networks comprising victorious professionals in numerous domains. The alumni often engage with the institutes through guest lectures, industry interactions, and mentoring sessions, providing precious insights and guidance to the existing batch of students.

College Name	Alumni Network
Symbiosis Institute of Business Management (SIBM)	SIBM boasts a robust alumni network with more than 6000 members from many sectors and domains. Some of the notable alumni are Rajiv Mehta (CEO, Arvind Lifestyle Brands), Sandeep Kataria (CEO, Bata India), Rajesh Jejurikar (President, Mahindra & Mahindra), Anupam Dutta (MD & CEO, Allied Blenders & Distillers), and many more.
Balaji Institute of Modern Management (BIMM)	The vibrant alumni group at BIMM plans events, mentorship programs for students and alumni, workshops, and lectures. Avinash Sarda, Co-Founder and Partner, Wealocity; Abhishek Bhatia, Head Business Planning & Market Growth, Impact Communications; Vikram Anand, HR Business Partner – Malaysia & Recruitment Manager – JAPAC; Pritam Patnaik, Business Head, Financial Markets/Commodities, Reliance Commodities Ltd.; and numerous others are just a few of the notable alumni.
Department of Management Sciences, SavitribaiPhule Pune University (PUMBA)	Over 5000 PUMBA alumni members are employed in a variety of fields and capacities. Some of the distinguished alumni are Prashant Ranade (Executive Vice Chairman & CEO, Syntel Inc.), Pradeep Bhargava (Director, Cummins India Ltd.), Sanjay Katkar (Joint MD & CTO, Quick Heal Technologies Ltd.), Rajesh Nair (Partner & Regional Markets Leader, Ernst & Young), and many more.
Symbiosis Centre for Management and Human Resource Development (SCMHRD)	There are more than 4,000 active graduates from SCMHRD located all over the world. Anshu Baggai (CMO, Tupperware India Pvt. Ltd.), Rishi Srivastava (CEO & MD, Tata AIA Life Insurance Co. Ltd.), Anurag Mehrotra (President & MD, Ford India Pvt. Ltd.), Shalini Saraswathi (Blade Runner & Motivational Speaker), and many more are among the esteemed graduates.
National Insurance Academy (NIA)	An vibrant alumni organization at NIA serves as a bridge between former students and faculty members and current students. A number of prominent graduates include Sanjeev Nautiyal (MD & CEO, SBI Life Insurance Co. Ltd.), Atul Sahai (CMD, New India Assurance Co. Ltd.), T L Alamelu (CMD, Agriculture Insurance Co. of India Ltd.), Rakesh Jain (ED & CEO, Reliance General Insurance Co. Ltd.), and numerous others.

Top MBA Colleges in Pune Eligibility Criteria

Most of the Pune college follow the minimum score criteria of 50% collective in graduation or equal to graduation. For reserved category (SC/ST/OBC) students, the minimum score is 45% aggregate. For admissions, applicants can also take entrance exams like MAH CET, CAT, CMAT, and several others.

Skills Required for an MBA aspirant

Like any other field of expertise, there are certain compulsory required skills that each MBA students should exhibit. Some of the skills that you, as an applicant should possess are as follows –

Brilliant communication skill
Ability to lead a team
Mindset for resolving problems
Must have an outlook or orientation for research
Have to be focused solely on the goal
Capability to nail mathematical calculations under pressure
Must be an analyst with an eye for precision

Popular Specialisations from Top MBA Colleges in Pune

There are 3 categories of top 10 MBA colleges in Pune that offer this most-popular qualification. The types are - AICTE-approved IIMs, University MBA Colleges, and PGDM Colleges. Pune is not far from Nagpur, where the IIM is situated. The University and MBA colleges in the Pune city include some of the following – SIBM, Lexicon and BIMM. The Post Graduate Diploma in Management colleges in Pune include some of the following top colleges - ISB&M, ISMR Pune, MITCON, Lexicon Pune and NIA Pune. The existence of these renowned management colleges in Pune makes Pune the capital of MBA. Nevertheless, there are quite a few areas of specialisation that applicants can choose during their MBA programs. Some of the most prominent MBA specialisations are mentioned below -

Marketing
Finance
Sales
HR
International Business
Rural Management
Supply Chain

Top MBA colleges in Pune FAQs

Ques. Can We do a distant learning MBA course in Pune?

Ans. Yes, applicants can do distance learning MBA program from colleges like Symbiosis Centre for Distance Learning and DY Patil Online for INR 50,000 and INR 1,40,200 respectively.

Ques. Which MBA specialization pays the most?

Ans. Out of the top five MBA program specializations in MBA Finance, Marketing, Operations, Information Technology, and MBA in Human Resource, finance, and banking investment pays the most.

Ques. What are the average fees for an MBA in Pune?

Ans. The average fees for an MBA colleges in Pune range from INR 20K to INR 2.5L for a 2-year full-time program.

Ques. Is Pune good for MBA?

Ans. Pune is one of the best city for education. It has more than 200 prestigious colleges, including private and government that offer MBA with diffrent specializations like finance, operations, sales and marketing, IT management, human resource, business analytics, etc.

Useful Links

CAT 2024 Exam

MAT 2024 Exam

Hotel Management College in Pune

Latest Blogs

3 min read

Building a Global Learning Environment with Lexicon MILE MBA Global Program

Join Lexicon MILE’s MBA Global Program for a world-class education fostering leadership, innovation, and global perspectives. Apply to MBA Global Program today!

Arti | Dec 21 2024

3 min read

All You Need to Know About PGDM Eligibility

Explore details about PGDM eligibility requirements at Lexicon MILE, admission criteria, qualifications, and application processes for a successful academic journey

Arti | Dec 21 2024

3 min read

A Step-by-Step Guide: Lexicon MILE's PGDM Admission Process

Read step-by-step PGDM admission process guide from eligibility to application and selection, join Lexicon MILE Pune and become part of leading management institute.

Arti | Dec 11 2024

3 min read

Unlocking Global Opportunities: Top MBA Global Specializations at Lexicon MILE

Explore top MBA specializations at Lexicon MILE, Pune. Join the best MBA course to gain global business skills and achieve career success in a dynamic world.

Arti | Dec 4 2024

3 min read

Beyond the Books: How Lexicon MILE Transforms PGDM Students into Impactful Leaders

Lexicon MILE offers industry-focused PGDM and Global MBA programs, making it a leading management institute for exceptional learning, internships, and placements.

Arti | Nov 26 2024