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The top MBA colleges in Pune are Symbiosis Institute of Business Management, Lexicon Management Institute of Leadership and Excellence (Lexicon Mile), National Institute of Bank Management, Bharati Vidyapeeth’s Institute of Management and Entrepreneurship Development, National Insurance Academy, and Pune Institute of Business Management. Pune is commonly known as the Oxford of the East because of its educational institutes and universities. Home to over 200 management colleges, Pune is the perfect city for a well-balanced student life.
Top MBA Colleges in Pune: Highlights 2024
|
Parameters |
Particulars |
|
No. Of MBA Colleges |
210 |
|
Average MBA Course Fees (INR) |
INR 20,000 - INR 25,00,000 |
|
Top Specializations |
Finance, Operations, Marketing, Human Resource |
|
Entrance Exams |
CAT, CMAT, MAHCET, MAT, XAT |
|
Average Package(INR) |
INR 8,00,000 - INR 10,00,000 |
|
Top Recruiters |
Accenture, TATA, Flipkart, Google |
Top MBA Colleges in Pune: NIRF Ranking
A respected government initiative called the National Institutional Ranking Framework (NIRF) is a ranking agency that evaluates and ranks educational institutions across a variety of categories, providing precious insights into their performance and quality. A few of the factors that are taken into account during the methodology to announce the rankings are the faculty's engagement, the kind of career options that placement offers, the accessibility of learning resources to all students, and the opportunity to conduct research in any specialized field of study. This year, NIRF included four MBA colleges from Pune in the list of Top 100 MBA Colleges in India.
|
MBA College/University |
NIRF Ranking 2023 |
|
Lexicon Management Institute of Leadership Excellence, Pune |
|
|
Symbiosis Centre for Management and Human Resource Development - [SCMHRD], Pune |
21 |
|
PUMBA: Department of Management Sciences University of Pune |
|
|
National Insurance Academy - [NIA], Pune |
114 |
|
National Institute of Bank Management, Pune |
76 |
|
BharatiVidyapeeth's Institute of Management and Entrepreneurship Development, Pune |
102 |
|
Balaji Institute of Modern Management - [BIMM], Pune |
|
|
International School of Business and Media - [ISB&M], Pune |
|
|
Symbiosis Institute of Business Management - [SIBM], Pune |
17 |
|
Balaji Institute of International Business (BIIB), Pune |
|
|
Balaji Institute of Management and Human Resource Development - [BIMHRD], Pune |
76-100 |
|
MIT School of Business - MITSOB Pune |
|
Top MBA Colleges in Pune with The Times Ranking
Optimal Media Solutions - The Times, in partnership with Advance India has issued a list of the top MBA schools in Pune following the completion of a survey. The Times survey uses a variety of criteria to rate colleges.
Below is the table of the Top MBA colleges in Pune ranked by The Times Ranking in 2022:
|
The Times Ranking 2022 |
College Name |
|
11 |
Lexicon Management Institute of Leadership And Excellence, Pune |
|
11 |
Balaji Institute of International Business (BIIB), Pune |
|
14 |
International School of Business And Media, Pune |
|
16 |
Dr. VishwanathKarad MIT World Peace University, School of Management, Pune |
|
1 |
Symbiosis Institute of Business Management, Pune |
|
20 |
Dr. D. Y. Patil B-School, Tathawade, Pune |
|
24 |
Symbiosis Centre For Management & Human Resource Development, Hinjawadi, Pune |
|
25 |
International Institute of Management Studies, Pune |
|
27 |
IIEBM, Indus Business School, Wakad Pune |
|
31 |
Balaji Institute of Modern Management (BIMM), Pune |
|
38 |
Suryadatta Institutes of Management & Mass Communication (SIMMC), Bavdhan, Pune |
|
44 |
Balaji Institute of Management And Human Resource Development (Bimhrd), Pune |
|
46 |
Pune Institute of Business Management, Pune |
|
48 |
BharatiVidyapeeth (Deemed To Be) University, Institute of Management And Entrepreneurship Development, Pune |
|
50 |
Global Business School & Research Centre, Pune |
|
79 |
MIT ADT University, MIT College of Management, Pune |
|
81 |
Indira School of Business Studies PGDM, Pune |
|
87 |
School of Management, Ajeenkya DY Patil University, Pune |
|
98 |
S. B. Patil Institute of Management, Pune |
|
99 |
MITCON Institute of Management, Balewadi, Pune |
|
105 |
Vaikunth Mehta National Institute of Cooperative Management, Pune |
|
133 |
Indira School of Business Studies, Pune |
|
140 |
Sai Balaji International Institute of Management Sciences, Pune |
|
149 |
Balaji Institute of Telecom & Management, Pune |
Top MBA Colleges in Pune: Entrance Process
To secure admission into the top MBA colleges in Pune, candidates have to undergo a rigorous entrance process. The most common entrance exams for MBA admissions in Pune contain CMAT (Common Management Admission Test), CAT (Common Admission Test), XAT (Xavier Aptitude Test), and SNAP (Symbiosis National Aptitude Test). Each institutes and colleges might have its specific entrance eligibility criteria, including group discussions, cut-off scores, personal interviews, and written ability tests.
| MBA College/University |
Accepted Entrance Exams |
|
Symbiosis Institute of Business Management - [SIBM], Pune |
SNAP |
|
Symbiosis Centre for Management and Human Resource Development - [SCMHRD], Pune |
SNAP |
|
PUMBA: Department of Management Sciences University of Pune |
CAT/CMAT/MAH CET/MAT/ATMA/XAT/GMAT/NMAT/SNAP/IBSAT/CET/AMMI-CET/MICAT/TISSNET/IIFT/MH-CET/CMAT/CET/AMMI-CET/MICAT/TISSNET/IIFT |
|
National Insurance Academy - [NIA], Pune |
CAT/XAT/CMAT/MAT/ATMA |
|
Balaji Institute of Modern Management - [BIMM], Pune |
CAT/XAT/MAT/CMAT/MAH CET/ATMA |
|
International School of Business and Media - [ISB&M], Pune |
CAT/XAT/MAT/CMAT/ATMA |
|
Lexicon Management Institute of Leadership Excellence, Pune |
CAT/XAT/MAT/CMAT/ATMA/GMAT/NMAT/SNAP |
|
Balaji Institute of International Business (BIIB), Pune |
CAT/XAT/MAT/CMAT/MAH CET/ATMA |
|
Balaji Institute of Management and Human Resource Development - [BIMHRD], Pune |
CAT/XAT/MAT/CMAT/MAH CET/ATMA |
|
MIT School of Business - MITSOB Pune |
CAT/XAT/MAT/CMAT/MAH CET/ATMA/GMAT/NMAT/SNAP |
Top MBA Colleges in Pune: Eligibility Criteria
|
MBA College/University |
Eligibility Criteria |
|
Lexicon Management Institute of Leadership Excellence, Pune |
Bachelor’s degree or equal in any discipline with minimum 50% marks (45% marks for reserved categories (SC, ST, OBC)) from a recognized university or institution. |
|
Symbiosis Centre for Management and Human Resource Development - [SCMHRD], Pune |
Bachelor’s degree or equal in any discipline with minimum 50% marks (45% marks for reserved categories (SC, ST, OBC)) from a recognized university or institution. |
|
PUMBA: Department of Management Sciences University of Pune |
Bachelor’s degree or equal in any discipline with minimum 50% marks (45% marks for reserved categories (SC, ST, OBC)) from a recognized university or institution. |
|
National Insurance Academy - [NIA], Pune |
Bachelor’s degree or equivalent in any discipline with at least 50% marks (45% marks for reserved categories) from a recognized university or institution. |
|
Balaji Institute of Modern Management - [BIMM], Pune |
Bachelor’s degree or equivalent in any discipline with at least 50% marks (40% marks for reserved categories) from a recognised university or institution. |
|
International School of Business and Media - [ISB&M], Pune |
Bachelor’s degree or equivalent in any discipline with at least 50% marks (45% marks for reserved categories) from a recognised university or institution. |
|
Symbiosis Institute of Business Management - [SIBM], Pune |
Bachelor’s degree or equal in any discipline with at least 50% marks (45% marks for reserved categories) from a recognised university or institution. |
|
Balaji Institute of International Business (BIIB), Pune |
Bachelor’s degree or equivalent in any discipline with at least 50% marks (40% marks for reserved categories) from a recognised university or institution. |
|
Balaji Institute of Management and Human Resource Development - [BIMHRD], Pune |
Bachelor’s degree or equivalent in any discipline with at least 50% marks (40% marks for reserved categories) from a recognised university or institution. |
|
MIT School of Business - MITSOB Pune |
Bachelor’s degree or equivalent in any discipline with at least 50% marks (45% marks for reserved categories) from a recognised university or institution. |
Top MBA colleges in Pune with fees
When searching for an MBA program, understanding the fees structure is crucial. The fees for MBA programs in Pune differ across colleges based on infrastructure, faculty expertise, industry collaborations, and status. On average, the fees for a 2-year MBA program in Pune range from INR 6 lakhs to INR 25 lakhs. Considering the return on investment and the scholarships or financial help options available before finalizing a college is necessary.
|
MBA College/University |
Course Fee (Approx.) |
|
Symbiosis Institute of Business Management - [SIBM], Pune |
INR 20,50,000 |
|
Symbiosis Centre for Management and Human Resource Development - [SCMHRD], Pune |
INR 17,43,000 |
|
PUMBA: Department of Management Sciences University of Pune |
INR 1,34,000 |
|
National Insurance Academy - [NIA], Pune |
INR 12,50,000 |
|
Balaji Institute of Modern Management - [BIMM], Pune |
INR 7,85,000 |
|
International School of Business and Media - [ISB&M], Pune |
INR 11,80,000 |
|
Lexicon Management Institute of Leadership Excellence, Pune |
INR 8,30,000 |
|
Balaji Institute of International Business (BIIB), Pune |
INR 7,85,000 |
|
Balaji Institute of Management and Human Resource Development - [BIMHRD], Pune |
INR 7,85,000 |
|
MIT School of Business - MITSOB Pune |
INR 8,00,000 |
Top MBA Colleges in Pune: Infrastructure Facilities
Top 10 MBA colleges in Pune priorities creating an environment conducive to holistic knowledge and growth. These institutes boast state-of-the-art infrastructure facilities, including modern classrooms, well-equipped libraries, computer labs, sports facilities, auditoriums and Wi-Fi connectivity. The campuses are built to encourage creativity, teamwork, and hands-on learning, giving students a comprehensive education.
Top 10 MBA colleges in Pune According to Placement
One of the significant factors to consider while selecting an MBA college in pune is its placement record of the college. The top MBA colleges in Pune have vigorous industry connections and dedicated placement cells that facilitate internships and final placements. well-known companies across various sectors, including finance, consulting, IT, manufacturing, and FMCG, dynamically hire from these colleges. The average placement packages offered by these colleges range from INR 8 lakhs to INR 25 lakhs per annum, depending on factors such as specialization, student profile, and the current job market.
|
MBA College/University |
Average Placement Package (Approx.) |
|
Symbiosis Institute of Business Management - [SIBM], Pune |
INR 20,14,000 per annum |
|
Symbiosis Centre for Management and Human Resource Development - [SCMHRD], Pune |
INR 15,60,000 per annum |
|
PUMBA: Department of Management Sciences University of Pune |
INR 6,00,000 per annum |
|
National Insurance Academy - [NIA], Pune |
INR 8,00,000 per annum |
|
Balaji Institute of Modern Management - [BIMM], Pune |
INR 6,00,000 per annum |
|
International School of Business and Media - [ISB&M], Pune |
INR 8,00,000 per annum |
|
Lexicon Management Institute of Leadership Excellence, Pune |
INR 5,00,000 per annum |
|
Balaji Institute of International Business (BIIB), Pune |
INR 6,00,000 per annum |
|
Balaji Institute of Management and Human Resource Development - [BIMHRD], Pune |
INR 6,00,000 per annum |
|
MIT School of Business - MITSOB Pune |
INR 8,00,000 per annum |
Placement Rating and Top Recruiters
|
Name of the College |
Placement Rating (based on reviews) |
Top Recruiters |
|
Lexicon Management Institute of Leadership Excellence, Pune |
4.5 |
Asian Paints, Aditya Birla Group, CCD, Godrej, Radio Mirchi, TATA, Reliance, Blue Star |
|
SIBM, Pune |
4.4 |
Amazon, Aditya Birla Group, Microsoft, Axis Bank, Cognizant, Infosys, Hindustan Unilever |
|
FLAME University, Pune |
4.3 |
Berger Paints, Federal Bank, TCS, Viacom 18, ITC Hotels, Godrej and Boyce, Radio Mirchi |
|
UNIPUNE - SavitribaiPhule Pune University, Pune |
4.1 |
Amazon, Veritas, Arvind Internet Limited, CyberSponse, Thermax, Content Sphere |
|
Institute of Management and Entrepreneurship Development, BharatiVidyapeeth, Pune |
4.0 |
ICICI, IDFC, Wipro, Reliance Industries Limited, Axis Bank |
Top 10 Private MBA Colleges in Pune
As students get older, becoming financially independent is a typical goal. It's a main driving force behind their academic pursuits. Along with establishing a good status at their chosen company, students should goal for a salary matching their abilities. Settling for less is never an choice when you know you deserve more. Return on Investment (ROI), which determines the credibility and productivity of an MBA college, holds significant importance. To facilitate your search, here are 5 exceptional private MBA colleges in Pune that offer outstanding ROI. The list below presents five of Pune's best private MBA colleges that offer an amazing ROI.
|
College Name + ROI Rank |
Average Annual Fees |
Average Placement Package |
|
Lexicon Management Institute of Leadership Excellence, Pune |
INR 5,00,000 per annum |
|
|
SCMHRD |
Rs. 8,13,000 |
Rs. 15,60,000 |
|
SIBM, Pune |
Rs. 9,60,000 |
Rs. 17,48,000 |
|
SIIB, Pune |
Rs. 7,30,000 |
Rs. 12,00,000 |
|
BIMM, Pune |
Rs. 4,15,000 |
Rs. 6,50,000 |
|
BIMHRD, Pune |
Rs. 4,15,000 |
Rs. 6,50,000 |
|
SITM Pune |
Rs. 5,90,000 |
Rs. 8,75,000 |
|
ISBM Pune |
Rs. 5,10,000 |
Rs. 7,00,000 |
Top MBA Colleges in Pune: Most Popular MBA Specializations
Pune offers excellent opportunities for doing MBA in different specialisations. These colleges provide industry exposure, excellence education, industry exposure and excellent placement opportunities in their respective specialisations. Choose the MBA specialization and college that aligns with your career objectives and interests for a flourishing MBA journey. Here are some of the top MBA colleges in Pune for popular specialisations like marketing, finance, HR, etc:
|
Specialization |
College Name |
|
Marketing |
Balaji Institute of Modern Management |
|
Marketing |
Institute of Management and Entrepreneurship Development |
|
Marketing |
Symbiosis Institute of Business Management |
|
Marketing |
FLAME University |
|
Marketing |
ChetanDattaji Gaikwad Institute of Management Studies |
|
Finance |
Genesis Business School |
|
Finance |
Symbiosis Institute of Management Studies |
|
Finance |
Department of Management Science, SavitribaiPhule Pune University |
|
Finance |
FLAME University |
|
Finance |
All India Shri Shivaji Memorial Society’s Institute of Management |
|
Human Resource Management |
Balaji Institute of Modern Management |
|
Human Resource Management |
BharatiVidyapeeth’s Institute of Management and Entrepreneurship Development |
|
Human Resource Management |
Symbiosis Institute of Management Studies |
|
Human Resource Management |
MIT School of Business |
Top MBA Colleges in Pune: Alumni Network
For MBA applicants, having a strong alumni network is crucial since it provides access to networking opportunities, job prospects, and mentorship. The top MBA colleges in Pune boast wide alumni networks comprising victorious professionals in numerous domains. The alumni often engage with the institutes through guest lectures, industry interactions, and mentoring sessions, providing precious insights and guidance to the existing batch of students.
|
College Name |
Alumni Network |
|
Symbiosis Institute of Business Management (SIBM) |
SIBM boasts a robust alumni network with more than 6000 members from many sectors and domains. Some of the notable alumni are Rajiv Mehta (CEO, Arvind Lifestyle Brands), Sandeep Kataria (CEO, Bata India), Rajesh Jejurikar (President, Mahindra & Mahindra), Anupam Dutta (MD & CEO, Allied Blenders & Distillers), and many more. |
|
Balaji Institute of Modern Management (BIMM) |
The vibrant alumni group at BIMM plans events, mentorship programs for students and alumni, workshops, and lectures. Avinash Sarda, Co-Founder and Partner, Wealocity; Abhishek Bhatia, Head Business Planning & Market Growth, Impact Communications; Vikram Anand, HR Business Partner – Malaysia & Recruitment Manager – JAPAC; Pritam Patnaik, Business Head, Financial Markets/Commodities, Reliance Commodities Ltd.; and numerous others are just a few of the notable alumni. |
|
Department of Management Sciences, SavitribaiPhule Pune University (PUMBA) |
Over 5000 PUMBA alumni members are employed in a variety of fields and capacities. Some of the distinguished alumni are Prashant Ranade (Executive Vice Chairman & CEO, Syntel Inc.), Pradeep Bhargava (Director, Cummins India Ltd.), Sanjay Katkar (Joint MD & CTO, Quick Heal Technologies Ltd.), Rajesh Nair (Partner & Regional Markets Leader, Ernst & Young), and many more. |
|
Symbiosis Centre for Management and Human Resource Development (SCMHRD) |
There are more than 4,000 active graduates from SCMHRD located all over the world. Anshu Baggai (CMO, Tupperware India Pvt. Ltd.), Rishi Srivastava (CEO & MD, Tata AIA Life Insurance Co. Ltd.), Anurag Mehrotra (President & MD, Ford India Pvt. Ltd.), Shalini Saraswathi (Blade Runner & Motivational Speaker), and many more are among the esteemed graduates. |
|
National Insurance Academy (NIA) |
An vibrant alumni organization at NIA serves as a bridge between former students and faculty members and current students. A number of prominent graduates include Sanjeev Nautiyal (MD & CEO, SBI Life Insurance Co. Ltd.), Atul Sahai (CMD, New India Assurance Co. Ltd.), T L Alamelu (CMD, Agriculture Insurance Co. of India Ltd.), Rakesh Jain (ED & CEO, Reliance General Insurance Co. Ltd.), and numerous others. |
Top MBA Colleges in Pune Eligibility Criteria
Most of the Pune college follow the minimum score criteria of 50% collective in graduation or equal to graduation. For reserved category (SC/ST/OBC) students, the minimum score is 45% aggregate. For admissions, applicants can also take entrance exams like MAH CET, CAT, CMAT, and several others.
Skills Required for an MBA aspirant
Like any other field of expertise, there are certain compulsory required skills that each MBA students should exhibit. Some of the skills that you, as an applicant should possess are as follows –
- Brilliant communication skill
- Ability to lead a team
- Mindset for resolving problems
- Must have an outlook or orientation for research
- Have to be focused solely on the goal
- Capability to nail mathematical calculations under pressure
- Must be an analyst with an eye for precision
Popular Specialisations from Top MBA Colleges in Pune
There are 3 categories of top 10 MBA colleges in Pune that offer this most-popular qualification. The types are - AICTE-approved IIMs, University MBA Colleges, and PGDM Colleges. Pune is not far from Nagpur, where the IIM is situated. The University and MBA colleges in the Pune city include some of the following – SIBM, Lexicon and BIMM. The Post Graduate Diploma in Management colleges in Pune include some of the following top colleges - ISB&M, ISMR Pune, MITCON, Lexicon Pune and NIA Pune. The existence of these renowned management colleges in Pune makes Pune the capital of MBA. Nevertheless, there are quite a few areas of specialisation that applicants can choose during their MBA programs. Some of the most prominent MBA specialisations are mentioned below -
- Marketing
- Finance
- Sales
- HR
International Business - Rural Management
- Supply Chain
Top MBA colleges in Pune FAQs
Ques. Can We do a distant learning MBA course in Pune?
Ans. Yes, applicants can do distance learning MBA program from colleges like Symbiosis Centre for Distance Learning and DY Patil Online for INR 50,000 and INR 1,40,200 respectively.
Ques. Which MBA specialization pays the most?
Ans. Out of the top five MBA program specializations in MBA Finance, Marketing, Operations, Information Technology, and MBA in Human Resource, finance, and banking investment pays the most.
Ques. What are the average fees for an MBA in Pune?
Ans. The average fees for an MBA colleges in Pune range from INR 20K to INR 2.5L for a 2-year full-time program.
Ques. Is Pune good for MBA?
Ans. Pune is one of the best city for education. It has more than 200 prestigious colleges, including private and government that offer MBA with diffrent specializations like finance, operations, sales and marketing, IT management, human resource, business analytics, etc.
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