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Top 10 MBA Colleges In Pune With Fees

Arun | Mar 19 2024
Top 10 MBA Colleges In Pune With Fees

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.

 

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