Best MBA Colleges in Pune with Fees & Ranking

Finding a good MBA college in Pune can be a tricky endeavour. Finding the best MBA college in Pune that perfectly meets your expectations in terms of fees, ranking, recognition, and accreditation is even more challenging. This is because Pune is home to more than 200 recognized MBA colleges. While most of them are private institutions, there are also some government-run colleges. Most importantly, all of these colleges are approved by either AICTE or UGC, which means that finding an approved and legitimate MBA college in Pune is not difficult. The real challenge lies in selecting one that offers a low fee structure, top rankings, and unparalleled academic excellence.
To help you identify and select the best MBA college in and around Pune, we’ve compiled a short list of the top 10 MBA colleges in Pune that provide high-quality education, strong placement support, and an industry-relevant curriculum. Our list is based on the latest NIRF rankings, recognition, fee structure, and campus facilities—ensuring that students get an excellent return on investment.
Read Also: Best MBA Colleges in Mumbai
Top MBA Colleges in Pune – Best 10 Private Colleges & Their Accreditation
Recognition and accreditation form the foundation of any college or university. Having approval from bodies like AICTE and UGC signifies that the college or university you’re considering in Pune possesses the essential reputation, qualified faculty, and well-equipped infrastructure. Understanding the importance of official approval, recognition, and accreditation, we’ve curated a list of the top ten MBA colleges in Pune, each officially recognized by India’s elite governing bodies such as the UGC and AICTE.
S.No | College Name | Accreditation Details |
1. | Symbiosis Institute of Business Management (SIBM) | AICTE Approved |
2. | Symbiosis Centre for Management and Human Resource Development (SCMHRD) | UGC, AACSB Approved |
3. | Pune Institute of Computer Technology (PICT) | NAAC Accredited with 'A+' Grade, NBA Accredited |
4. | Fergusson College | NAAC Accredited with 'A' Grade |
5. | PES Modern College of Engineering | NAAC Accredited with 'A++' Grade, NBA Accredited |
6. | Symbiosis Institute of International Business (SIIB) | AICTE Approved |
7. | Vishwakarma Institute of Technology |
|
8. | MKSSS's Cummins College of Engineering for Women | AICTE, NBA Accredited |
9. | Symbiosis Institute of Technology (SIT) | AICTE, UGC Approved |
10. | Symbiosis Institute of Management Studies (SIMS) | AICTE Approved, NAAC Accredited with 'A' Grade |
Rank Wise List of MBA Colleges in Pune – Latest NIRF Ranking
Being aware of the rankings of MBA colleges helps you evaluate their overall credibility, academic performance, and industry perception. Note that a good ranking doesn’t just reflect the quality of education and infrastructure a college offers—it also highlights other key aspects such as placement success, quality of education, and faculty experience. To ensure that your investment of time and money translates into meaningful career opportunities after MBA, we’ve compiled a list of the best MBA colleges in Pune along with their latest NIRF rankings.
S.No | College Name | NIRF Ranking |
1. |
|
17 |
2. | National Institute of Bank Management (NIBM), Pune | 76 |
3. | Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development (IMED), Pune | 102 |
4. | National Insurance Academy (NIA), Pune | 114 |
5. | Pune Institute of Business Management (PIBM), Pune | 117 |
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Best MBA Colleges in Pune with Fee Structure
The fee and overall cost of MBA programs matter significantly to most MBA aspirants. We understand that an affordable and flexible fee structure directly impacts both accessibility and return on investment. To ensure that students are not burdened with excessive financial stress, we have compiled a list of the best MBA colleges in Pune based on their fee structures.
S.No. | College Name | Fees (1st Year) |
Average Package |
1. | Symbiosis Institute of Business Management (SIBM) |
|
₹28,16,000
|
2. | Symbiosis Centre for Management and Human Resource Development (SCMHRD) | ₹12,50,000 | ₹38,00,000 |
3. | Symbiosis Institute of International Business (SIIB) |
|
₹13,51,000 |
4. | Dr. D. Y. Patil B-School | ₹4,23,000 |
|
5. | Symbiosis Institute of Digital and Telecom Management (SIDTM) | ₹8,25,000 | ₹13,08,039 |
6. | International School of Management Studies (ISMS) | ₹4,50,000 | ₹8,00,000 |
7. | IIEBM Indus Business School | ₹9,05,000 | ₹7,50,000 |
8. | International School of Business and Media (ISB&M) | ₹12,20,000 | ₹11,40,000 |
9. | Balaji Institute of Modern Management (BIMM) | ₹6,07,500 | ₹8,25,000 |
10. | MIT World Peace University (MIT-WPU) | ₹4,70,000 | ₹7,00,000 |
MBA Colleges Accepting Admission without Entrance Test in Pune
Finding an MBA college that accepts admissions without an entrance test can help fast-track your application process and save valuable time otherwise spent on test preparation. Below is a list of top MBA colleges in Pune known for their strong academic excellence, solid placement records, and full accreditation—all of which offer admission without an entrance test.
S.No | College Name | Admission Process |
1. | Balaji Institute of Modern Management (BIMM) | Direct/Management Quota + PI |
2. | Sri Balaji University (SBUP) | Direct Admission Based on GD & PI |
3. | MIT School of Management (MITSOM) | Direct/Institute-level process |
4. | Pune Institute of Business Management (PIBM) | Merit + GD & PI |
5. | Indira Institute of Management (IIMP) | Direct Admission/Institute Level Counseling |
6. | D.Y. Patil B-School | Direct Admission + Interview |
7. | International Institute of Management Studies (IIMS) | Direct + GD-PI |
8. | International School of Business & Media (ISB&M) | Direct Interview Based |
9. | Ajeenkya D.Y. Patil University | No Entrance Required |
10. | Lexicon MILE | Lexicon MILE |
Pune’s Best & Top MBA Colleges Accepting Admission without CAT
There are several national-level entrance exams in India for admission into reputable management colleges, and CAT is one of the most well-known among them. Many students believe that scoring at least 80 percentiles in the CAT is mandatory to secure admission into a top-tier MBA college in Pune. However, this isn’t entirely true. A good score—up to 80 percentiles—in any recognized national-level entrance exam can help you gain admission to a well-reputed MBA college in Pune. Moreover, there are many quality MBA colleges in Pune that offer admission without requiring a CAT score.
Find below the list of such colleges.
S.No | College Names | Acceptable Exam for Admission |
1. | Balaji Institute of Modern Management (BIMM) | MAT, XAT, CMAT, MAH-CET |
2. | MIT School of Management (MITSOM) | MAT, CMAT, ATMA, GMAT |
3. | Pune Institute of Business Management (PIBM) | MAT, XAT, CMAT, GMAT |
4. | Indira Institute of Management (IIMP) | MAT, ATMA, MAH-CET |
5. | Sri Balaji University (BIIB, BIMHRD, BIMM) | MAT, XAT, MAH-CET |
6. | International School of Business & Media (ISB&M) | MAT, CMAT, XAT, GMAT |
7. | International Institute of Management Studies (IIMS) | MAT, ATMA, CMAT, MAH- CET |
8. | Ajeenkya D.Y. Patil University |
|
9. | Lexicon MILE | MAT, CMAT, XAT, Direct |
10. | uryadatta Institute of Management | MAT, ATMA, MAH-CET, Direct |
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