Best MBA Colleges in Pune with Fee & Ranking

In this article

1.Top 10 MBA Colleges in Pune with Accreditation
2.MBA Colleges Accepting Admission Without Entrance Test in Pune
3.MBA Colleges Accepting Admission without CAT Exam

Pune, in the Indian state of Maharashtra, is also known as the “Oxford of the East” due to its reputation as a major educational hub. The city has come a long way in recent years and boasts more than 250 MBA institutions, including over 180 private B-schools, along with several state and public universities. With so many prestigious options to choose from, finding and selecting the right college for an MBA/PGDM program is the first step toward building a successful career in corporate management.

Pune has a long list of top management institutions, including some well-known names such as Symbiosis Institute of Business Management, Symbiosis Centre for Management and Human Resource Development, Savitribai Phule Pune University, and the National Institute of Bank Management. While most prestigious institutions offer admission to their management programs based on entrance exam scores from tests such as CAT, MAH MBA CET, GMAT, and SNAP, other factors may also be considered during the final selection process. Let’s explore these institutions in greater detail, including their fees, rankings, and common eligibility criteria.

Top 10 MBA Colleges in Pune with Accreditation

Choosing an MBA institution that is not only approved and certified by the relevant regulatory bodies but also holds prestigious programmatic accreditations is important. Proper accreditation, certification, and the necessary approvals confirm that an institution meets established standards for faculty qualifications, research capabilities, curriculum design, and teaching quality. Fortunately, many MBA/PGDM colleges hold recognized accreditations for their management programs. Here is a list of accredited institutions for your reference.

MBA/PGDM College in Pune	Accreditation	Certification / Approval
Symbiosis Institute of Business Management (SIBM Pune)	AACSB, NBA	AICTE approval; degree awarded by Symbiosis International (Deemed University)
Symbiosis Centre for Management and Human Resource Development (SCMHRD)	AACSB, NBA	AICTE approval; degree awarded by Symbiosis International (Deemed University)
Symbiosis Institute of International Business (SIIB)	NBA	AICTE approval; degree awarded by Symbiosis International (Deemed University)
Pune Institute of Business Management (PIBM)	NAAC Grade A, NBA	AICTE approval; AIU equivalence for eligible PGDM programs
International School of Business & Media (ISB&M), Pune	BGA membership	AICTE approval for eligible PGDM programs
Department of Management Sciences (PUMBA), Savitribai Phule Pune University	NAAC (university-level accreditation)	Affiliated with Savitribai Phule Pune University; MBA degree awarded by the university
National Institute of Bank Management (NIBM), Pune	Verify current program-specific accreditation	AICTE approval for applicable programs
Symbiosis Institute of Digital and Telecom Management (SIDTM)	NBA	AICTE approval; degree awarded by Symbiosis International (Deemed University)
Symbiosis Institute of Management Studies (SIMS)	NBA	AICTE approval; degree awarded by Symbiosis International (Deemed University)
Symbiosis Institute of Business Management-related management programs, Pune	Verify institute-specific accreditation	Verify the institution and program's current approvals

Rank Wise List of Best MBA Colleges in Pune with NIRF Ranking

The best MBA colleges are not necessarily defined by their popularity alone. Their NIRF rankings can also provide valuable insights into their academic performance and overall standing. The National Institutional Ranking Framework (NIRF) offers a useful reference for evaluating management institutions in Pune. Although choosing the right college for management studies depends on several factors, a strong NIRF ranking can indicate an institution’s performance in areas such as teaching quality, research, infrastructure, graduation outcomes, and overall perception.

Some of Pune’s well-known management institutions include Symbiosis Institute of Business Management (SIBM Pune), Symbiosis Centre for Management and Human Resource Development (SCMHRD), and the National Institute of Bank Management (NIBM Pune). Here is a comprehensive list of management colleges in Pune, along with their NIRF ranking details.

MBA College in Pune	NIRF Management Ranking 2025
Symbiosis Institute of Business Management (SIBM Pune)	11th
Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development	101–125 rank band
National Institute of Bank Management (NIBM Pune)	101–125 rank band
Pune Institute of Business Management (PIBM)	101–125 rank band
Sri Balaji University, Pune	101–125 rank band

Pune MBA Colleges with Fee & Salary Packages – Best ROI

When looking for a top institution for an MBA/PGDM program in Pune, students should pay close attention to the return on investment (ROI). Institutions that offer a good ROI often combine reasonable tuition fees and accommodation expenses with attractive salary packages through campus placements. The Department of Management Sciences at Savitribai Phule Pune University (PUMBA), Symbiosis Institute of Business Management (SIBM Pune), and Symbiosis Centre for Management and Human Resource Development (SCMHRD Pune) are among the well-known management institutions that students may consider when comparing ROI. A careful analysis of ROI can help students estimate how quickly they may recover the cost of their MBA degree.

MBA College in Pune	Approx. Total Fees (2 Years)	Average / Median Salary Package	ROI Outlook
Department of Management Sciences (PUMBA), SPPU	₹3.27 lakh	₹9.40 LPA	Excellent
Symbiosis Institute of Business Management (SIBM Pune)	₹29.36 lakh	₹28.83 LPA	Strong
Symbiosis Centre for Management and Human Resource Development (SCMHRD)	₹26.54 lakh	₹21.47 LPA	Strong
National Institute of Bank Management (NIBM Pune)	₹17.64 lakh	₹13.50 LPA	Good
Symbiosis Institute of International Business (SIIB Pune)	₹22.10 lakh	₹12.65 LPA	Moderate
Symbiosis Institute of Management Studies (SIMS Pune)	₹16.65 lakh	₹13.50 LPA*	Good
Pune Institute of Business Management (PIBM)	₹9.25 lakh	₹8.00 LPA*	Good
International School of Business & Media (ISB&M Pune)	₹14.19 lakh	₹11.40 LPA*	Good
Balaji Institute of Modern Management (BIMM)	₹12.85 lakh	₹7.50 LPA*	Moderate
FLAME University, Pune	₹19.25–20.95 lakh	₹11.00 LPA median	Moderate

Note: The above-mentioned salary packages and fee are just for reference purposes only. The actual figure might be different.

Read Also: Best MBA Colleges in Mumbai

MBA Colleges Accepting Admission Without Entrance Test in Pune

Students who build successful careers in business and people management are not necessarily those who score the highest marks in entrance exams. Many also have a strong academic background, relevant professional experience, and well-developed interpersonal skills. If you are looking for institutions that consider factors beyond entrance exam scores when admitting students to their MBA programs, Pune, Maharashtra, offers several options worth exploring. Depending on the institution, the selection process may consider academic performance, work experience, group discussions, personal interviews, and other evaluation criteria. Here is a list of institutions to consider.

MBA/PGDM College in Pune	Possible Admission Route	Important Note
Indira Institute of Management, Pune	Institute-level admission, where available	Confirm whether a valid entrance score is mandatory for the chosen program.
Balaji Institute of Modern Management (BIMM)	Alternative selection routes, if available	Verify the current admission policy and entrance-test requirements.
MIT World Peace University (MIT-WPU)	University-specific selection process	Check current test-score requirements and any alternative assessment route.
Indira School of Business Studies	Program-specific admission process	Requirements may differ between MBA and PGDM programs.
Suryadatta Institute of Management and Mass Communication	Institute-level selection, subject to eligibility	Confirm whether entrance scores or an institute assessment are required.
IIEBM, Indus Business School	Alternative selection route, if offered	Confirm current entrance-test requirements directly with the institute.
Modern Institute of Business Management	Institute-level admission, where permitted	Verify the applicable university and state admission rules.
AISSMS Institute of Management	Institute-level seats, subject to applicable rules	Check whether admission requires a recognized entrance-test score.

Note: Admission process and requirements are subject to change by the institution.

Read Also: Best MBA Colleges in Dehradun

MBA Colleges Accepting Admission without CAT Exam

Conducted by the Indian Institutes of Management (IIMs), the CAT (Common Admission Test) plays a vital role in securing admission to many top management institutions, including IIMs and several IITs. However, students aspiring to pursue an MBA in Pune also have alternatives to the CAT. Several management colleges accept scores from other national-level entrance exams, such as CMAT, GMAT, SNAP, and MAT, depending on their admission criteria.

For more information about admission procedures based on entrance exams other than CAT, feel free to contact us. Meanwhile, you can explore the following list of management institutions in Pune that accept alternative entrance exam scores for admission to their recognized, full-time, two-year MBA programs.

MBA/PGDM College in Pune	Alternative Entrance Exams Accepted
FLAME University	XAT, CMAT, MAT, NMAT, MAH MBA CET, GMAT
Bharati Vidyapeeth Institute of Management and Entrepreneurship Development	MAH MBA CET, CMAT, MAT, ATMA
Pune Institute of Business Management (PIBM)	CAT, XAT, CMAT, MAT, GMAT
Indira Institute of Management, Pune	MAH MBA CET, CMAT, MAT, XAT
International Institute of Management Studies (IIMS Pune)	CAT, XAT, CMAT, MAT, ATMA
Ramachandran International Institute of Management (RIIM)	CAT, XAT, CMAT, MAT, MAH MBA CET
ASM's Institute of Business Management and Research (IBMR)	MAH MBA CET, CMAT, MAT, XAT, ATMA
AIMS Institute of Management Studies	MAH MBA CET, XAT, CMAT, MAT, ATMA, GMAT
Institute of Management Studies and Research (ISMR), Pune	MAH MBA CET, CMAT, MAT, XAT, ATMA, GMAT
Institute of Management Development and Research (IMDR), Pune	CAT, XAT, CMAT, MAT, MAH MBA CET

Eligibility Criteria for Admission in Pune’s MBA Universities & Colleges

While scores in national-level entrance exams such as CAT, MAH MBA CET, CMAT, GMAT, and SNAP play a crucial role in securing admission to top colleges in Pune, there is no guaranteed formula for obtaining a seat. The final selection process may consider several factors, including academic performance, communication skills, personal attributes, and performance in selection rounds such as group discussions and personal interviews. To help you choose an institution that best suits your requirements, we have compiled a list of the common eligibility criteria followed by many colleges in Pune for postgraduate management programs.

Eligibility Criteria	Common Requirement
Educational Qualification	Bachelor's degree of at least 3 years from a recognized university in any discipline.
Minimum Graduation Marks	Generally, 50% aggregate marks for the general category and 45% for eligible reserved-category candidates from Maharashtra, subject to applicable rules.
Entrance Exam Score	A valid score in an accepted entrance exam, such as MAH MBA CET, CAT, CMAT, MAT, XAT, SNAP, ATMA, or GMAT, depending on the college and program.
Final-Year Students	Students appearing for their final-year graduation examinations may apply to many institutions, subject to completing the degree and meeting the required marks by the specified deadline.
Nationality	Indian nationality may be required for admission through Maharashtra's centralized admission process; international applicants follow separate rules.
Academic Background	Graduates from arts, commerce, science, engineering, and other recognized disciplines can generally apply.
Selection Process	Depending on the institution, selection may include entrance exam scores, academic records, group discussions, personal interviews, written assessments, or other evaluation rounds.
Maharashtra State Eligibility	Candidates seeking state-category benefits or reservations may need to meet domicile, candidature, category, and documentation requirements.

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Best MBA Colleges in Pune with Fee & Ranking

Top 10 MBA Colleges in Pune with Accreditation

MBA Colleges Accepting Admission Without Entrance Test in Pune

MBA Colleges Accepting Admission without CAT Exam

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