Do you want to do an MBA? Look no further than Pune, the hub of education and research in India. This blog is about the best MBA colleges in Pune.
Pune is also called Maharashtra’s cultural capital and is home to several universities and educational institutions. Pune is also known as the “Oxford of the East” due to the many educational institutions present in the region.
In this blog, we’ll look at the best MBA colleges in Pune along with eligibility, fees, and placements. These programs will help you with career advancement, better placements, higher salaries, and many other benefits.
Overall, an MBA degree can provide students with the knowledge and skills to kickstart their careers, whether they want to work in corporate management or start their own business. An MBA is one of the best courses after graduation. Doing an MBA will give you the skills and expertise needed to conquer the corporate landscape, as companies are always looking for smart, dynamic professionals to drive their growth and success.
Since Pune is a hub of education, graduates from top MBA colleges in Pune are more likely to land better job opportunities with higher salaries, better positions, and more growth prospects than those from other colleges.
With that, let’s get started with the blog.
List of the Best MBA Colleges in Pune
1. Symbiosis Institute of Business Management (SIBM)
Symbiosis Institute of Business Management (SIBM) is a premier business school in Pune, Maharashtra, India. Established in 1978, it is a constituent of Symbiosis International University. Admission to SIBM is based on the SNAP (Symbiosis National Aptitude Test) exam, followed by a group discussion and personal interview. Eligibility criteria for the MBA program require a bachelor’s degree with a minimum of 50% marks (45% for SC/ST candidates).
SIBM has a modern and well-equipped campus with state-of-the-art facilities. The campus includes air-conditioned classrooms, a well-stocked library, computer labs, an auditorium, a gymnasium, and a sports ground.
SIBM consistently ranks among the top B-schools in India according to various ranking agencies. It holds an ‘A’ grade accreditation from the National Assessment and Accreditation Council (NAAC) and the National Board of Accreditation (NBA). Additionally, it is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and the European Foundation for Management Development (EFMD).
SIBM maintains a dedicated placement cell that assists students in securing job offers from reputable companies. The institute has a good placement record. SIBM attracts top companies from different sectors for campus recruitment. Some of them include banking, consulting, FMCG, and IT sectors.
It is one of the best colleges for MBA in Pune, with world-class infrastructure and excellent placement opportunities.
This institute also appears in Best MBA Colleges in Bangalore
For more information, you can visit their website.
| Courses offered | Fees |
|---|---|
| MBA (in Finance, Marketing, Human Resources, Operations, Innovation and Entrepreneurship) | Rs.21,00,000 |
| Post Graduate Diploma in Management (PGDM) | Rs.16,50,000 |
| Post Graduate Certificate in Management (PGCM) | Rs.4,00,000 |
2. Institute of Management Development and Research (IMDR):
The Institute of Management Development and Research (IMDR) is among the top 20 colleges in Pune for MBA. This premier management institute was established in 1974 and is affiliated with the Savitribai Phule Pune University. It is one of the top colleges in Pune for MBA.
You must have a Common Admission Test (CAT) score to get admission into IMDR. Group discussions and personal interviews often follow it. Interested candidates must have a bachelor’s degree with a minimum of 50% marks for admission into the PGDM program.
IMDR has an efficient campus with modern facilities, making it attractive for all students. The state-of-the-art infrastructure includes air-conditioned classrooms, a library, computer labs, a sports ground, and a huge auditorium.
IMDR is considered one of the best MBA colleges in Pune. It is also among India’s top B-schools. The National Assessment and Accreditation Council (NAAC) has accredited the institution with an ‘A’ grade. The college is also a member of the Association of Management Development Institutions in South Asia (AMDISA).
For more information, you can visit their website.
| Courses offered | Fees |
|---|---|
| Post Graduate Diploma in Management | Rs.5,00,000 |
3. Indian Institute of Digital Education (IIDE)
IIDE- Indian Institute of Digital Education, recognized as the #1 Digital Marketing Institute by the World Economic Congress, has trained more than 2,35,000 students in digital marketing. IIDE is unique in its education culture compared to other MBA colleges in Pune.
They offer offline, online, and hybrid professional courses that suit the requirements of students and working professionals. The main campus is located in Andheri, Mumbai. The institute offers a 4-month certificate course and an 11-month post-graduate program in digital marketing. Their syllabus is constantly updated and it is one of the few institutes covering AI and different AI tools in its syllabus.
This institute also appears in Best MBA Colleges in Mumbai
For more information, you can visit their website.
| Courses offered | Fees |
|---|---|
| Post Graduation in Digital Marketing | INR 5,95,000 |
4. Balaji Institute of Modern Management (BIMM):
Balaji Institute of Modern Management (BIMM) is among Maharashtra’s top 10 MBA colleges. This well-known Pune institution was established in 1999. Moreover, it is affiliated with the Bharati Vidyapeeth Deemed University.
Interested candidates must have a UGC-recognized graduate degree with a minimum of 50% marks. Candidates must also take either the MAT, CAT, or MH-CET exams to be judged based on their scores and cut-off marks. Students seeking MBA programs must be from a commerce background.
BIMM provides several facilities to the students on the campus, which makes it one of the most sought-after institutions. It includes a computer lab, two auditoriums, four libraries, four canteens, and clean hostels for both boys and girls.
BIMM is accredited by the All India Council for Technical Education (AICTE). It also ranks second in the top B-schools list published by Outlook. 100% of BIMM’s students are placed in some of the top companies in the country. In the past few years, reputed companies in India like BigBasket, Deloitte, and Amazon have hired talent from this institution.
For more information, you can visit their website.
| Courses offered | Fees |
|---|---|
| MBA (in Marketing Management, Human Resource Management, and Finance) | Rs 9,65,000 |
5. International School of Business and Media (ISB&M):
The International School of Business and Media (ISB&M) is a top-tier B-school in Pune. It is affiliated with Pune University and was established in 2000. ISB&M also has two other campuses in Kolkata and Bangalore.
Students interested in seeking admission in top MBA colleges in Pune must visit the International School of Business and Media. The candidates must have an undergraduate degree with a minimum of 50% marks to get admitted into the MBA course. Other exam scores are also considered for the admissions, which include CAT, MAT, XAT, and CMAT.
There are a large number of industrial databases in ISB&M. The institution has a physical and digital library with around 10,000 online international journals. They also have a membership with the British Council Library. Times of India has ranked ISB&M among the seven best colleges in Pune in 2020. It was again ranked in the 14th position by the same establishment’s B-school ranking in 2022. These accreditations make ISB&M one of the top colleges for MBA in Pune.
Students from ISB&M get placed across top industries in the country. Some common industry types include BSFI & fintech, consulting, e-commerce & Edtech, engineering, media, and communication.
For more information, you can visit their website.
| Courses offered | Fees |
|---|---|
| Post Graduate Diploma in Management (specializations: Marketing, Finance, Human Resources, Media and Communication, Business Analytics, Logistic and Supply Chain Management) | Rs.12,80,000 |
6. MIT School of Management (MITSOM):
MIT School of Management (MIT-SOM) is a private business school in Pune, Maharashtra, India. It was established in 2005 and is affiliated with the MIT World Peace University. The institute offers various programs in management, including MBA.
MIT-SOM offers various programs in management, including a two-year full-time Post Graduate Diploma in Management (PGDM), with specializations in Marketing, Operations, Finance, Human Resource, and a three-year Bachelor of Business Administration (BBA) program. Their PGDM program is approved by AICTE.
Admission to MIT-SOM is based on scores in CAT, MAT, XAT, and CMAT, followed by a group discussion and personal interview. The eligibility criteria for the PGDM program is a bachelor’s degree with a minimum of 50% marks (45% for SC/ST candidates).
MIT-SOM has a modern and well-equipped campus with state-of-the-art facilities. The campus has air-conditioned classrooms, a well-stocked library, computer. They are known as one of the best colleges for MBA in Pune.
For more information, you can visit their website.
| Courses offered | Fees |
|---|---|
|
MBA |
Rs. 3,90,000 |
|
BBA |
Rs. 2,02,500 |
7. Indira Institute of Management Pune (IIMP):
Indira Institute of Management (IIM) is a private business school in Pune, Maharashtra, India. Established in 1994, it is affiliated with the Savitribai Phule Pune University. The institute offers various undergraduate and postgraduate programs in management.
IIM is among the best MBA colleges at Pune. So, its admissions are based on CAT, MAT, XAT, and CMAT scores. A graduate with a minimum of 50% aggregate marks can apply for this institution’s MBA program.
IIM has an excellent campus with exceptional facilities. The hostels have a good environment and multiple sports grounds with efficient coaching activities. Apart from that, the institution also has a well-stocked library, Wi-Fi facilities, and an auditorium.
IIRF ranked IIM as 32nd among the 120 top colleges in India. It was also ranked among the top MBA colleges in Pune and was ranked in the 133rd position among the 284 colleges in India in 2019. IIM has a dedicated placement cell that helps students get jobs in some of the top companies across the country. Examples include Deloitte, Kellogg’s, Federal Bank, VIVO India, and SBI Life.
For more information, you can visit their website.
| Courses offered | Fees |
|---|---|
|
MBA (in Marketing, Finance Management, operations and supply chain management, business analytics, human resource management) |
Rs. 4,00,000 |
|
Post Graduate Diploma in Management [PGDM] (in Marketing, Finance Management) |
Rs. 7,20,000 |
8. Department of Management Sciences University of Pune (PUMBA)
The Department of Management Sciences (PUMBA), University of Pune, is a leading business school in India. PUMBA is one of the oldest management institutes in India. It was set up in 1971 to provide quality management education to students. To date, the institute prepares students for successful careers in the corporate world.
A student must have passed with a minimum of 50 percent or equivalent CGPA (45 percent in case of backward classes and persons with disability) in any bachelor’s degree awarded by the University. The National Board of Accreditation (NBA) has accredited PUMBA as one of the top MBA colleges in Pune. Moreover, it is recognized by the University Grants Commission (UGC). It is also a member of the Association of Indian Universities (AIU).
PUMBA has a modern campus with the best facilities, including classrooms, computer labs, sports facilities, and student hostel accommodation.
For more information, you can visit their website
| Courses offered | Fees |
|---|---|
|
MBA (in Human Resource Management, Systems Management, Finance, Marketing, Operations) |
Rs. 1,29,000 |
|
MBA (in Pharma-Biotech) |
Rs. 1,52,000 |
| MBA Executive (in Human Resources, Marketing, International Business, Finance, Operations, and Systems | Rs. 1,53,000 |
| Ph.D. in management studies | Rs. 43,451 |
9. Symbiosis Centre For Management And Human Resource Development (SCMHRD Pune):
Symbiosis Centre for Management and Human Resource Development (SCMHRD) is a premier business school in Pune, India. Here is some general information about SCMHRD. SCMHRD is a part of the Symbiosis International University. The institute was set up in 1993. It aims to provide quality management education to all students who are a part of it.
The National Assessment and Accreditation Council (NAAC) has given an ‘A’ grade to SCMHRD. It is one of the top MBA colleges in Pune and is recognised by the University Grants Commission (UGC). Despite being a small campus, SCMHRD offers several modern facilities. It has a Wi-Fi-enabled library, a cafeteria, and a hostel for both boys and girls, with well-stocked provision stores attached.
SCMHRD has a strong industry interface and an active placement cell that helps students secure jobs in top companies. Accenture, Amazon, Deloitte, EY, HCL, Infosys, JPMorgan Chase, KPMG, PwC, and Wipro are some companies that have hired students from the institution.
For more information, you can visit their website
| Courses offered | Fees |
|---|---|
|
MBA (in strategy, innovation and entrepreneurship; finance; human resource; marketing; operations) |
Rs. 21,70,000 |
|
MBA (in business analytics) |
Rs. 16,82,000 |
| MBA (in infrastructure development and management) | Rs. 13,44,000 |
10. Amity Global Business School Pune
Amity Global Business School is a private institution that offers high-quality education to students across different disciplines. It is also one of the top 10 private MBA colleges in Pune.
The business school has a global presence with campuses in various countries, including the United Arab Emirates, Singapore, and the United Kingdom. It aims to provide a well-rounded education that prepares students for success in a rapidly changing world.
The course eligibility is a minimum of 50% in Graduation and 50% in Class XII. You will be given admission based on percentage in the qualifying exam, English Essay Test, and Interview
Amity Global Business School’s curriculum is based on the International Baccalaureate (IB) program, known for its high standards and excellent academic content. The school offers the most efficient MBA programs for all students across different disciplines.
The school also emphasizes sports, music, drama, community service, and other extracurricular activities. Students can participate in various activities that help them develop leadership skills, creativity, and social responsibility.
For more information, you can visit their website
| Courses offered | Fees |
|---|---|
|
MBA/ PGPM |
Rs. 8,90,000 |
Conclusion:
Pune offers several specializations, reputed colleges, and excellent career prospects. Most MBA colleges in Pune have good placement records. Companies from various industries, such as IT, Finance, Manufacturing, Consulting, and FMCG, visit these colleges for recruitment.
Choosing the right college for pursuing an MBA is a very important factor. The right college enables one to unlock good future opportunities. Carefully consider your unique requirements and future aspirations before applying to any college. I hope this blog helped you gain all the necessary information about the best colleges for MBA in Pune.
That’s it for this blog. Let me know in the comments if you have any doubts.
FAQs – Frequently Asked Questions
Q. Is Pune good for MBA?
Ans: Pune, being the educational hub, has various institutes that offer courses such as MBA, PGPM, PGDM, PhD in management studies. Top-notch institutes like Symbiosis Institute of Business Management, FLAME Pune, etc., are in Pune, so Pune is an excellent option for an MBA. You can opt for entrance exams required for MBA colleges in Pune to get admission into one of the institutions.
Q. What are the fees for an MBA in Pune?
Ans: Fees for MBA colleges in Pune depend from college to college, but the fee structure of MBA colleges in Pune is from Rs. 3,00,000 to 22,00,000.
Q. Which college is best for MBA placement in Pune?
Ans: Various MBA colleges in Pune are a good choice when looking at their placements. You can get placements in institutes like like the Symbiosis Institute of Management, Balaji Institute of Modern Management, International School of Business and Media, MIT School of Business, etc.
Q. What is the Average package of salary after an MBA in Pune?
Ans: MBA students’ package varies from college to college and company to company. The average range of packages the MBA graduates receive after completing the course is Rs.5,00,000 to Rs.15,00,000.
