Top 10 MBA Colleges In Maharashtra 2026 - Admission, Fees, Exams
- Here is the list of top 10 best MBA colleges in Maharashtra that includes fees, salary, entrance exams, eligibility criteria, courses, accreditations and more.
Top MBA Colleges in Maharashtra
Management institutions in Maharashtra have been consistently ranked among the best educational institutions of India by various statutory and ranking bodies, including those of national acclaim like the NIRF. Based upon NIRF Rankings of the management category, here we have presented the top 10 colleges of Maharashtra providing an MBA course to management aspirants. Also Read: Full form of MBA . MBA College/University NIRF Ranking Course Accepted Entrance Exams MBA Fees (Approx.) Indian Institute of Management, Mumbai 6 Master of Business Administration (MBA)/Post Graduate Diploma in Management (PGDM) or Executive courses CAT INR 21,00,000 Symbiosis Institute of Business Management 11 Master of Business Administration (MBA) SNAP INR 17,88,000 Indian Institute of Technology Bombay 14 Master of Business Administration (MBA) CAT INR 14,00,000 - INR 15,00,000 S. P. Jain Institute of Management & Research, Mumbai 20 Post Graduate Diploma in Management (PGDM)/Post Graduate Programme in Management (PGPM) SPJAT/CAT/GMAT/GRE INR 26,50,000 SVKM`s Narsee Monjee Institute of Management Studies 24 Master of Business Administration (MBA) NMAT INR 27,00,000 IIM Nagpur 25 PGP MBA/ Master of Business Administration (MBA) Executive CAT INR 18,90,000 K.J. Somaiya Institute of Management, Mumbai 65 Master of Business Administration (MBA) CAT/XAT/CMAT/NMAT/GMAT INR 22,32,000 Principal L N Welingkar Institute of Management Development and Research, Mumbai 75 Post Graduate Diploma in Management (PGDM) CAT/XAT/CMAT/GMAT/ATMA INR 14,00,000 Institute of Management Technology (IMT), Nagpur 99 Master of Business Administration (MBA)/Post Graduate Diploma in Management (PGDM) CAT/XAT/GMAT/CMAT INR 15,27,000 National Institute of Bank Management Band 101-25 Post Graduate Diploma in Management (PGDM) CAT/XAT/CMAT/GMAT/GRE INR 8,00,000- INR 13,72,000
General Eligibility and Accepted Entrance Exams for Admissions in Maharashtra MBA Colleges
For seeking admission in an MBA college in Maharashtra, there are three main levels that a candidate should qualify: Firstly, they should meet the minimum eligibility criteria for admission to an MBA Secondly, they should appear in accepted management entrance exam at the national or state level and have a valid qualifying score to apply to a reputed management college for an MBA Lastly, the candidate must pass through the rounds of screening at the university/institutional level through personal interviews and/or group discussions. The minimum eligibility to apply to an MBA course in Maharashtra is to have completed a Bachelor's level of education in any stream with at least 50% aggregate marks. The graduation should be completed from a recognised higher educational institute of India. Further, the candidate should also clear a management aptitude examination at either the national level, the state level or the university-level. Some of the commonly accepted entrance examinations in the top MBA colleges and institutes of Maharashtra have been listed here. College/University Accepted Management Entrance Exam Indian Institute of Management, Mumbai CAT Symbiosis Institute of Business Management SNAP Indian Institute of Technology Bombay CAT S. P. Jain Institute of Management & Research, Mumbai SPJAT/CAT/GMAT/GRE SVKM`s Narsee Monjee Institute of Management Studies NMAT IIM Nagpur CAT K.J. Somaiya Institute of Management, Mumbai CAT/XAT/CMAT/NMAT/GMAT Principal L N Welingkar Institute of Management Development and Research, Mumbai CAT/XAT/CMAT/GMAT/ATMA Institute of Management Technology (IMT), Nagpur CAT/XAT/GMAT/CMAT National Institute of Bank Management CAT/XAT/CMAT/GMAT/GRE Student Also Ask MBA Distance Education MBA Online Course MBA for Working Professionals MBA Global Online MBA Dual Online MBA Marketing and Finance Online MBA Data Science and Analytics Online MBA Marketing and HR Online MBA HRM and Finance Online MBA Logestic and Supply Chain Online MBA Hospital and Healthcare Online
Best Private & Public MBA Colleges of Maharashtra
Here is a detailed take about the top 10 MBA colleges of Maharashtra along with important details about the MBA (or equivalent) courses offered at these institutions.
Rank 1 - Indian Institute of Management, Mumbai
The Indian Institute of Management, Mumbai, primarily known as National Institute of Industrial Engineering (NIIE), Mumbai, started in 1963, is the sixth best management institute of India as per NIRF Management Rankings 2025 and it has also been ranked as the best management institution in the Times Higher Education (THE) Impact Rankings from many years. The institute is well-accredited and offers MBA course with many specialisations such as operations, wealth management, supply chain management, etc. The placements after course completion at IIM Mumbai are also quite robust with excellent returns on investment. Find more details about the course here. Degree Offered Master of Business Administration (MBA) Accreditations NIRF Rank 6 in Management Category, EQUIS, AACSB Course Duration 2 Years Accepted Entrance Examinations CAT Course Specialisations Operations Management Wealth Management Supply Chain Management Full Course Fees INR 21,00,000 Average Placement Package INR 25,00,000 P.A
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