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Top B Schools in Pune

Arun | Apr 5 2024

Why to opt for B Schools in Pune?

Doing MBA or PGDM course in Pune is a good choice as more options of doing MBA and PGDM in Pune are available at low fees with high Return on Investment. Due to its distinct position as a center of academia and industry, it also offers improved corporate interface. There are numerous reasons why Pune attracts thousands of candidates for MBA admission in Pune each year from all parts of the country. A few of them are shared below:

1.1 High Growth Hub of Automotive, IT, E-commerce

1.2 Education Hub for Management, Technology, Health

1.3 Strong Placements in Top Companies

MBA Colleges in Pune Highlights

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	Lexicon Mile, 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

List of Top Ranked B Schools Colleges in Pune

Top MBA College in Pune	MBAUniverse.com Ranking 2023/ Grading	NIRF Ranking 2023
Lexicon Management Institute of Leadership & Excellence	AA	--
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+	--

Top B Schools Colleges in Pune with Fee Structure

MBA College	Type of MBA College	MBA College in Pune Fees (Rs. in Lakhs)
Lexicon Management Institute of Leadership & Excellence	AICTE Approved PGDM College
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

B Schools Colleges in Pune Admission Process

Entrance Exams: Most MBA colleges in Pune accept scores from national-level management entrance exams such as CAT (Common Admission Test), MAT (Management Aptitude Test), XAT (Xavier Aptitude Test), CMAT (Common Management Admission Test), or MAH MBA CET (Maharashtra MBA Common Entrance Test). Candidates are required to register for and appear in one or more of these exams.

Application Form Submission: After the declaration of entrance exam results, MBA aspirants need to fill out the application forms of the MBA colleges they wish to apply to. The application forms are usually available online on the official website of the respective colleges.

Short listing: Based on the entrance exam scores, academic performance, work experience (if applicable), and other criteria specified by the MBA colleges, candidates are shortlisted for further rounds of the selection process. Shortlisted candidates are usually informed via email or the college website.

Group Discussion (GD) or Written Ability Test (WAT): Many MBA colleges conduct group discussions or written ability tests to assess candidates' communication skills, analytical thinking, and ability to articulate ideas effectively. Topics for group discussions or essay writing may be related to current affairs, business trends, or abstract topics.

Personal Interview (PI): Shortlisted candidates are interviewed by a panel of faculty members or industry experts to evaluate their personality, leadership potential, problem-solving skills, and suitability for management education and careers. Personal interviews may be conducted in person or through video conferencing.

Final Selection: After the completion of all selection rounds, MBA colleges finalize the list of selected candidates based on their performance in the entrance exam, GD/WAT, PI, academic background, work experience, and any other relevant criteria. The final selection list is usually published on the college website or through email communication.

Offer of Admission: Selected candidates receive formal offers of admission from the MBA colleges, specifying the details of the program, fee structure, and deadline for fee payment. Candidates are required to confirm their acceptance of the admission offer by paying the requisite fees within the stipulated time.

Waitlist and Counselling: In case of vacant seats or withdrawals, MBA colleges may release waitlists and conduct counselling sessions to fill the remaining seats. Waitlisted candidates are informed about their status and given instructions on further steps to be taken, if applicable.

Document Verification: Finally, selected candidates are required to submit the necessary documents such as academic transcripts, entrance exam scorecards, identity proof, and other relevant certificates for verification purposes.

MBA Colleges in Pune Accepting Top Entrance Exams

MBA College	Exam Accepted	Cut off & Admission Process
Lexicon Management Institute of Leadership and Excellence (Lexicon MILE) Pune	CAT/MAT/XAT/CMAT/ MH-CET	65-70
Symbiosis Institute of Business Management (SIBM) Pune	SNAP	95-97
Symbiosis Centre For Management And Human Resource Development (SCMHRD) Pune	SNAP	93-95
IIM Nagpur	CAT	92-94
Department of Management Sciences (PUMBA), Pune	MAH CET	85-90
Balaji Institute of Modern Management (BIMM) Pune	CAT/MAT/XAT/CMAT/ MH-CET	75-80
International School of Business and Media (ISB&M) Pune	CAT/MAT/XAT/CMAT/ MH-CET	75-80
MIT School of Business - MITSOB Pune	CAT/MAT/XAT/CMAT/ MH-CET	70-75
International Institute of Management Studies (IIMS) Pune	CAT/MAT/XAT/CMAT/ MH-CET	70-75
National Insurance Academy (NIA) Pune	CAT/CMAT	70-75
MITCON Institute of Management (MITCON) Pune	CAT/MAT/XAT/CMAT/ MH-CET	60-65
International School of Management and Research (ISMR) Pune	CAT/MAT/XAT/CMAT/ MH-CET	60-65

Government or Public MBA Colleges in Pune

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

Private B Schools in Pune

Private MBA colleges in Pune include many top MBA and PGDM colleges for example Lexicon Management Institute of Leadership & Excellence, SIBM Pune, SCMHRD Pune of SIU University. Sri Balaji University, Pune (SBUP) is one of the top private universities which houses 4 leading management institutes namely Balaji Institute of Management and Human Resource Development (BIMHRD), Balaji Institute of Modern Management (BIMM), Balaji Institute of Telecom and Management (BITM), and Balaji Institute of International Business (BIIB). All these integral institutes of SBUP offer full time quality management programmes with specialization in key areas of Management.

B Schools in Pune with Placement

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

Top MBA Colleges in Pune without Entrance Exam

• 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

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