9 Best MBA Colleges in Maharashtra

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These 9 Best MBA Colleges in Maharashtra offer comprehensive coaching, skilled school, and present day facilities to empower college students in their pursuit of thier career. With a focus on holistic development and academic excellence, the satisfactory faculties in India offer a nurturing environment in which college students can hone their capabilities.

Indian Institute of Management (IIM), Nagpur – 9 Best MBA Colleges in Maharashtra
Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay – 9 Best MBA Colleges in Maharashtra
S. P. Jain Institute of Management and Research (SPJIMR), Mumbai – 9 Best MBA Colleges in Maharashtra
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai – 9 Best MBA Colleges in Maharashtra
Symbiosis Institute of Business Management (SIBM), Pune – 9 Best MBA Colleges in Maharashtra
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai – 9 Best MBA Colleges in Maharashtra
Tata Institute of Social Sciences (TISS), Mumbai – 9 Best MBA Colleges in Maharashtra
Institute of Management Technology (IMT), Nagpur – 9 Best MBA Colleges in Maharashtra
K. J. Somaiya Institute of Management, Mumbai – 9 Best MBA Colleges in Maharashtra
FAQ’s

MBA Colleges in Maharashtra

College Name	Courses Offered	Fees (Approx.)	Accreditations
Indian Institute of Management (IIM)	PGDM	INR 16-20 Lakhs	AICTE, NBA
Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay	MBA	INR 10-12 Lakhs	AICTE
S. P. Jain Institute of Management and Research (SPJIMR)	PGDM	INR 20-25 Lakhs	AICTE, AMBA
Jamnalal Bajaj Institute of Management Studies (JBIMS)	MBA	INR 11-14 Lakhs	AICTE, NBA
Symbiosis Institute of Business Management (SIBM)	MBA	INR 11-15 Lakhs	AICTE, NAAC
Narsee Monjee Institute of Management Studies (NMIMS)	MBA, Executive MBA	INR 12-18 Lakhs	AICTE, NAAC
Tata Institute of Social Sciences (TISS)	MBA, Executive MBA	INR 2-4 Lakhs	NAAC
Institute of Management Technology (IMT)	PGDM	INR 10-12 Lakhs	AICTE, NBA
K. J. Somaiya Institute of Management	MBA	INR 10-12 Lakhs	AICTE, NBA

9 Best MBA Colleges in Maharashtra

College Name	Description
Indian Institute of Management (IIM), Nagpur	One of the premier management institutes in India, known for its rigorous curriculum and strong industry connections.
Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay	Offers a unique blend of management and technology education, leveraging the resources of IIT Bombay.
S. P. Jain Institute of Management and Research (SPJIMR), Mumbai	Recognized for its innovative teaching methods and focus on social sensitivity in management practices.
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai	A prestigious institution known for its industry-oriented curriculum and strong alumni network.
Symbiosis Institute of Business Management (SIBM), Pune	Offers a comprehensive MBA program with a focus on leadership and entrepreneurship.
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai	Offers a variety of management programs with an emphasis on experiential learning and industry exposure.
Tata Institute of Social Sciences (TISS), Mumbai	Focuses on social sciences and offers specialized management programs aimed at social impact.
Institute of Management Technology (IMT), Nagpur	Known for its quality education and strong industry connections, offering various MBA specializations.
K. J. Somaiya Institute of Management, Mumbai	Offers diverse management programs with a strong emphasis on research and professional development.

Indian Institute of Management (IIM), Nagpur - 9 Best MBA Colleges in Maharashtra

IIM Nagpur offers a full-time Post Graduate Programme in Management (PGP). The institute emphasizes experiential learning and industry exposure.

NIRF Ranking: 43 (Management category)
Fee: Approximately INR 13,75,000 for the entire program
Organization Type: Public
Official Website: iimnagpur.ac.in

Industry-Relevant Curriculum: IIM Nagpur’s curriculum is designed to be responsive to industry needs, incorporating contemporary management practices and real-world case studies to ensure relevance in today’s business environment.
Experienced Faculty: The faculty at IIM Nagpur comprises highly qualified professionals with significant academic and industry experience, providing students with valuable insights and mentorship.
Strong Placement Record: The institute has established a robust placement cell that works diligently to connect students with leading organizations across various sectors, ensuring high placement rates.
Research and Innovation Focus: IIM Nagpur encourages research activities among faculty and students, promoting innovation and contributing to the advancement of management knowledge and practices.
Global Exposure Opportunities: The institute offers students opportunities for global exposure through exchange programs, international internships, and collaborations with foreign universities, enhancing their learning experience.

With its holistic approach to education, experienced faculty, and exceptional track record, Indian Institute of Management (IIM), Nagpur continues to be in 9 Best MBA Colleges in Maharashtra

Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay - 9 Best MBA Colleges in Maharashtra

SJMSOM offers MBA, EMBA, and PhD programs. It is known for its rigorous curriculum, experienced faculty, and strong placement records.

NIRF Ranking: 11 (Management category)
Fee: Approximately INR 8,75,000 for the entire program
Organization Type: Public
Official Website: som.iitb.ac.in

Global Exposure Opportunities: The school offers international exposure through student exchange programs, internships abroad, and collaborations with leading global business schools, enriching the educational experience.
Vibrant Campus Life: The campus life at IIT Bombay is dynamic, with numerous student clubs, cultural events, and activities that promote leadership, teamwork, and personal growth.
Entrepreneurship Support: SJMSOM fosters an entrepreneurial mindset, providing resources and mentorship for students interested in starting their own ventures, including access to incubation facilities.
Alumni Network: The institute has a strong and influential alumni network, with graduates holding leadership positions in various industries, providing current students with mentorship and networking opportunities.
Commitment to Social Responsibility: SJMSOM emphasizes the importance of social responsibility, encouraging students to engage in community service and initiatives that contribute positively to society and sustainable development.

With its unwavering dedication to academic excellence, Tamil Nadu Dr. Ambedkar Law University (TNDALU) continues to be a preferred choice for students in one of the 9 Best Law College in Chennai

S. P. Jain Institute of Management and Research (SPJIMR), Mumbai - 9 Best MBA Colleges in Maharashtra

SPJIMR offers a range of MBA programs including PGDM, PGPM, and Global Management Program. The institute is known for its strong industry connections and excellent placements.

NIRF Ranking: 21 (Management category)
Fee: Approximately INR 19,00,000 for the entire program
Organization Type: Private
Official Website: spjimr.org

Diverse Programs: SPJIMR offers a wide range of management programs, including a two-year Post Graduate Diploma in Management (PGDM), family business management programs, and executive education, catering to various career stages.
Innovative Curriculum: The curriculum is designed to be contemporary and industry-relevant, incorporating practical learning experiences, case studies, and projects that address real-world business challenges.
Experienced Faculty: The institute boasts a highly qualified faculty with significant industry experience, who bring valuable insights into the classroom, enriching the learning experience for students.
Strong Placement Record: SPJIMR has a dedicated placement cell that ensures high placement rates by connecting students with leading companies across diverse sectors, providing numerous career opportunities.
Global Learning Opportunities: The institute offers various global exposure initiatives, including student exchange programs with international business schools, enriching students’ perspectives on global business practices.

With its commitment to quality education, experienced faculty, and comprehensive support system, S. P. Jain Institute of Management and Research (SPJIMR), Mumbai one of the 9 Best MBA Colleges in Maharashtra stands as a premier institution.

Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai - 9 Best MBA Colleges in Maharashtra

JBIMS offers a range of management programs including MMS, MHRD, and part-time MBA. It is one of the oldest and most prestigious management institutes in India.

NIRF Ranking: Not ranked (Management category)
Fee: Approximately INR 3,00,000 for the entire program
Organization Type: Public
Official Website: jbims.edu

Experienced Faculty: The faculty at JBIMS comprises seasoned professionals with extensive academic and industry experience, providing students with valuable insights into contemporary business practices.
Strong Placement Support: The institute has a dedicated placement cell that connects students with leading corporations, ensuring a high placement rate and a diverse range of job opportunities across various sectors.
Focus on Finance: JBIMS is particularly renowned for its finance specialization, often referred to as the “Finance Hub” of management education in India, attracting students keen on pursuing careers in finance.
Networking Opportunities: The institute fosters strong connections with alumni and industry leaders, providing students with ample networking opportunities that can significantly enhance their career prospects.
Student-Centric Environment: JBIMS emphasizes a collaborative learning environment, encouraging students to engage in group projects, discussions, and extracurricular activities that foster teamwork and leadership skills.

With its holistic approach to education, experienced faculty, and exceptional track record, Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai continues to be in 9 Best MBA Colleges in Maharashtra

Symbiosis Institute of Business Management (SIBM), Pune - 9 Best MBA Colleges in Maharashtra

SIBM Pune offers an MBA program with specializations in marketing, finance, HR, and operations. The institute is known for its strong industry connections and excellent placements.

NIRF Ranking: 20 (Management category)
Fee: Approximately INR 21,00,000 for the entire program
Organization Type: Private
Official Website: sibm.edu

Focus on Holistic Development: SIBM emphasizes overall student development through workshops, seminars, and extracurricular activities, fostering skills such as leadership, teamwork, and communication.
Research and Innovation: The institute promotes a strong research culture, encouraging faculty and students to engage in research projects that contribute to management knowledge and practice.
Entrepreneurship Support: SIBM nurtures entrepreneurial talent by providing resources, mentorship, and incubation facilities for students interested in starting their own ventures.
Vibrant Campus Life: The campus offers a lively environment with various student-led clubs, cultural events, and activities that enhance personal growth and foster a sense of community.
Active Alumni Network: SIBM has a strong alumni network, with graduates holding significant positions in various industries, providing current students with valuable mentorship and networking opportunities.

With its commitment to quality education, experienced faculty, and comprehensive support system, Saveetha School of Law, Saveetha Institute of Medical and Technical Sciences one of the 9 Best Law College in Chennai stands as a premier institution.

Narsee Monjee Institute of Management Studies (NMIMS), Mumbai - 9 Best MBA Colleges in Maharashtra

NMIMS offers a range of MBA programs with a strong focus on industry exposure and placements. The institute is known for its innovative curriculum and experienced faculty.

NIRF Ranking: 25 (Management category)
Fee: Approximately INR 20,80,000 for the entire program
Organization Type: Private
Official Website: nmims.edu

Industry-Relevant Curriculum: The curriculum is designed to be contemporary and aligned with industry needs, integrating case studies, real-world projects, and internships to provide practical learning experiences.
Experienced Faculty: The institute boasts a highly qualified faculty with significant academic and industry experience, enriching the learning environment with valuable insights and mentorship.
Strong Placement Record: NMIMS has a dedicated placement cell that connects students with leading companies, achieving high placement rates and offering students a wide range of job opportunities across various sectors.
Global Exposure Opportunities: The institute encourages international exposure through student exchange programs, internships abroad, and collaborations with prestigious universities around the world.
Focus on Research and Innovation: NMIMS promotes a strong research culture, encouraging faculty and students to engage in innovative research projects that contribute to the field of management and business practices.

With its commitment to quality education, experienced faculty, and comprehensive support system, Narsee Monjee Institute of Management Studies (NMIMS), Mumbai one of the 9 Best MBA Colleges in Maharashtra stands as a premier institution.

Tata Institute of Social Sciences (TISS), Mumbai - 9 Best MBA Colleges in Maharashtra

TISS offers an MBA in Human Resources Management and Labour Relations. The institute is known for its strong focus on social sciences and human resources.

NIRF Ranking: Not ranked specifically for MBA
Fee: Approximately INR 1,40,000 for the entire program
Organization Type: Public
Official Website: tiss.edu

Diverse Academic Programs: TISS offers various undergraduate, postgraduate, and doctoral programs, focusing on social work, human resources, public policy, and development studies, catering to a broad spectrum of interests.
Interdisciplinary Approach: The institute emphasizes an interdisciplinary approach to education, integrating insights from various fields such as sociology, economics, and psychology, promoting a holistic understanding of social issues.
Experienced Faculty: TISS boasts a highly qualified faculty with extensive academic and field experience, providing students with valuable mentorship and guidance throughout their studies.
Focus on Social Change: The curriculum at TISS is designed to promote social justice and change, equipping students with the skills and knowledge to address pressing societal challenges and contribute positively to communities.
Strong Placement Record: TISS has a dedicated placement cell that facilitates internships and job placements, connecting students with NGOs, government agencies, and private sector organizations focused on social impact.

With its stellar reputation, dedicated faculty, and student-centric approach, Tata Institute of Social Sciences (TISS), Mumbai continues to set the benchmark for the 9 Best MBA Colleges in Maharashtra

Institute of Management Technology (IMT), Nagpur - 9 Best MBA Colleges in Maharashtra

IMT Nagpur offers a full-time PGDM program with specializations in marketing, finance, operations, and more. The institute is known for its industry connections and strong alumni network.

NIRF Ranking: 55 (Management category)
Fee: Approximately INR 12,00,000 for the entire program
Organization Type: Private
Official Website: imtnagpur.ac.in

Focus on Holistic Development: The institute emphasizes overall development through workshops, leadership training, and extracurricular activities, fostering skills such as teamwork, communication, and critical thinking.
Research and Innovation: IMT Nagpur promotes a research-oriented environment, encouraging faculty and students to engage in research projects that contribute to management knowledge and industry practices.
Entrepreneurship Support: The institute nurtures entrepreneurial talent through incubation programs, mentorship, and workshops, encouraging students to explore and develop their business ideas.
Vibrant Campus Life: IMT Nagpur offers a lively campus environment with student-led clubs, cultural events, and activities that enhance social interaction and personal growth.
Global Exposure Opportunities: The institute provides opportunities for global exposure through international internships, student exchange programs, and collaborations with foreign universities.

With its dedication to quality education, experienced faculty, and focus on holistic development, Institute of Management Technology (IMT), Nagpur continues to be in 9 Best MBA Colleges in Maharashtra

K. J. Somaiya Institute of Management, Mumbai - 9 Best MBA Colleges in Maharashtra

K. J. Somaiya offers a range of MBA programs with a focus on experiential learning and industry exposure. The institute is known for its strong curriculum and good placement record.

NIRF Ranking: 56 (Management category)
Fee: Approximately INR 14,00,000 for the entire program
Organization Type: Private
Official Website: simsr.somaiya.edu

Strong Placement Record: The institute has a dedicated placement cell that works closely with industry partners to facilitate internships and job placements, achieving a high rate of successful placements for graduates.
Focus on Holistic Development: K. J. Somaiya emphasizes overall development, offering workshops, seminars, and extracurricular activities that promote leadership, communication, and interpersonal skills among students.
Research and Innovation: The institute encourages research initiatives and supports faculty and student involvement in projects that contribute to management knowledge and best practices.
Entrepreneurship Support: K. J. Somaiya fosters an entrepreneurial spirit through incubation programs, mentorship, and networking opportunities, encouraging students to explore and develop their business ideas.
Vibrant Campus Life: The campus features a lively environment with various student-led clubs, cultural events, and activities that foster community engagement and enhance the overall student experience.

With its holistic approach to education, experienced faculty, and exceptional track record, K. J. Somaiya Institute of Management, Mumbai continues to be in 9 Best MBA Colleges in Maharashtra

FAQ's

1. Which is the top 10 MBA colleges in Maharashtra?

Among the well-known MBA in Finance schools in Maharashtra are NMIMS Mumbai, SIBM Pune, SPJIMR, KJ Somaiya Institute of Management, IIM Nagpur, Welingkar Mumbai, National Insurance Academy, Institute of Management and Entrepreneurship …

2. What are MBA fees in Maharashtra?

The average fees for MBA programs in these colleges range from INR 1,00,000 to INR 30,00,000 depending on the institute and specialization.

3. Which MBA college has highest placement?

Based on the latest information, IIM Bangalore, IIM Visakhapatnam, and IIM Rohtak offer the best placement to MBA graduates.

4. Do these colleges offer placements?

Many top colleges have dedicated placement cells that organize recruitment drives, job fairs, and industry interactions to help students secure employment after graduation. Placement records and opportunities can vary among colleges.

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