Maharashtra is home to several prestigious MBA colleges that consistently rank among the top business schools in India. Some of the notable institutions include the Jamnalal Bajaj Institute of Management Studies (JBIMS), Symbiosis Institute of Business Management (SIBM), Narsee Monjee Institute of Management Studies (NMIMS), and the Shailesh J. Mehta School of Management at IIT Bombay. These colleges offer diverse specializations, high-quality faculty, and state-of-the-art infrastructure, making them sought-after destinations for management education. here is an article on top mba colleges in maharastra.
SP Jain (SPJIMR)
SP Jain is a leading management institute established in 1981. SP Jain is known for its flagship PGDM program. The institute is accredited by AACSB. SP Jain PGDM admissions are based on CAT, followed by 2 rounds of interviews. SP Jain’s CAT cut-off is 85 percentile overall. SP Jain PGDM fee is INR 24 lakh for 2 years, whereas the SP Jain average package recorded was INR 33.02 LPA for the 2023 batch. SP Jain is a private B-school ranked 20 according to NIRF 2023 and SPJIMR ranks 40th in world by the Financial Times Global rankings 2023. Apart from PGDM, SPJIMR also offers courses like PGDBM, PGPM, and Global Management Programme.
| Course | Fees | Eligibility |
|---|---|---|
| PGDM | ₹24 Lakhs (Total Fees) | Graduation with 50% |
| PGPM | ₹23.5 Lakhs (Total Fees) | Graduation with 50% |
| MDP | ₹25,000 (1st Year Fees) | 10+2 |
| PG Program | ₹17.05 Lakhs (Total Fees) | Graduation |
| Diploma | ₹23.5 Lakhs (Total Fees) | Graduation with 50% |
| PG Program | ₹4.7 Lakhs (Total Fees) | Graduation with 50% |
| Executive | ₹5 Lakhs (Total Fees) | Graduation |
JBIMS Mumbai
JBIMS Mumbai – Jamnalal Bajaj Institute of Management Studies is an autonomous govt B-School which was established in 1965. JBIMS is known for its rich Legacy, strong Alumni Network & High ROI. JBIMS is ranked 10th by IIRF 2023 in Management Category and it has also been ranked 22nd by Business Today Ranking 2023. JBIMS Mumbai offers MMS, MSc, and PhD courses. Students prefer JBIMS primarily for its finance-related courses.
| Course | Fees | Eligibility |
|---|---|---|
| M.M.S | ₹3.05 Lakhs (1st Year Fees) | Graduation |
| M.Sc | ₹3.04 Lakhs (Total Fees) | Graduation |
| Ph.D | ₹17,680 (1st Year Fees) | Post Graduation |
| HRD | ₹3.5 Lakhs (1st Year Fees) | Graduation |
IIM Mumbai (NITIE)
IIM Mumbai (NITIE) is a postgraduate, Public Management institute located in Powai Mumbai. IIM Mumbai (NITIE) has been recognized as one of India’s Ivy-League B-School consistently for 5 decades by MHRD. The institute has recently been ranked 7th by NIRF 2023 and 7th by IIRF 2023 in the Management Category. IIM Mumbai (NITIE) offers MBA as its flagship program. Admission to these courses are done through CAT, followed by Group discussion and Personal Interviews. IIM Mumbai (NITIE) CAT cut-off is 97 percentile.
IIM Mumbai Fees & Eligibility
| Course | Fees | Eligibility |
|---|---|---|
| MBA | ₹20.48 Lakhs (Total Fees) | Graduation with 50% |
| PGPEX | ₹12.5 Lakhs (Total Fees) | Graduation |
| Exec. Certification | ₹1.4 Lakhs (Total Fees) | Graduation |
| MDP | ₹26,250 (Total Fees) | Graduation |
| Fellowship | ₹1.04 Lakhs (1st Year Fees) | Post Graduation |
TISS Mumbai
TISS also known as Tata Institute of Social Sciences (TISS) is a Multi-campus Research University in Mumbai. TISS is known for its interdisciplinary approach to social sciences. TISS is ranked 98 in the University Category and 197th in Overall Category by NIRF 2023. TISS HRM is also highly preferred and has an intake of 68 students per year.
Shailesh J. Mehta School of Management, IIT Bombay
The Shailesh J. Mehta School of Management, often referred to as SJMSOM, is a prominent business school located at the Indian Institute of Technology (IIT) Bombay, which is situated in Powai, Mumbai, India. SJMSOM is known for its world-class education and research programs in the field of management and has gained recognition as one of the premier management institutions in India.
Top MBA Colleges in Maharashtra FAQ
The eligibility criteria generally require a bachelor’s degree from a recognized university and a valid score in a relevant entrance exam. Specific requirements may vary from one institution to another.
The fees for MBA programs can vary widely, but they typically range from a few lakhs to several lakhs of rupees per annum. It depends on the college, the course, and whether you are an Indian or international student.
Many MBA colleges offer scholarships based on merit and financial need. It’s advisable to check with individual institutions or their official websites for information on available scholarships.
