Best MBA Colleges in Pune 2023
Taking into account, the unique pedagogy, highly qualified faculty, average placements, reputation of Institutes, alumni support and some other considerable factors for arriving upon a good management institute, here is listing ‘Best MBA Colleges in Pune and their fees in 2023 rank-wise’.
There are many colleges in Pune which provides MBA/PGDM full time course. Here is the list of best MBA/PGDM Colleges in Pune.

RIIM
Ramachandran International Institute of Management (RIIM), Pune is one of the leading and recognised Management Institutes of India. RIIM is Pune’s 1st Corporate Style B-School. It was found under the able guidance of Visionary leader, Educator and First generation Entrepreneur Mr. Suraj Sharma in the year 2014. RIIM is one of the best MBA college in Pune and was started with the vision to bridge the Industry- Academia gap by making the existing MBA & PGDM programmes more Practical, Industry relevant and Skill based. RIIM Pune is approved by AICTE New Delhi, Ministry of Education, Govt. of India. We at RIIM-RIBM firmly endorse his views and truly believe that every student has the potential to become a great leader if He/ She is provided the right environment. We make a student discover his potential and groom him to face the tough challenges of the corporate world.

Highest Placement
15 L Rupees

Fees Structure
5.95 L(Foreign Trip)
6.30 L(MBA)
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ISMS
International School of Management Studies established in 2010 and is one of the best MBA college in Pune. It was started as a part of the leading academic brand under the umbrella of Pearson Group, known as Edexcel. ISMS has been recognised by the Government of Maharashtra while also being acclaimed by one of the largest awarding bodies in the UK. Moreover, ISMS Pune is affiliated with Savitri Bai Phule University in Pune and has received approvals from the All India Council for Technical Education (AICTE) and the UGC as well. The ISMS Pune classrooms have been designed according to international standards, allowing students to gain a worldview of their respective domains. As a subpart of an internationally acclaimed academic group, this university has numerous international tie-ups and provides globally curated workshop opportunities to students.

Highest Placement
14 L (Domestic)

Fees Structure
4.5 L (MBA)

Lexicon MILE Management Institute for leadership and Excellence
Lexicon Management Institute of Leadership and Excellence is a part of the Pune-based Lexicon Group of Institutions, established in 2006. The Lexicon Group of Institutions includes Schools, the Lexicon Management Institute of Leadership and Excellence.Lexicon Management Institute of Leadership and Excellence was established in 2009. The total number of students in the Lexicon Group of Institutions is more than 10,000.Lexicon MILE is a part of Sukhdev And Kamal Sharma Educational Trust, Lexicon Management Institute of Leadership and Excellence has state-of-the-art teaching aids and the “Innovation & Incubation Centre” to promote entrepreneurship and start-up culture. Lexicon Management Institute of Leadership and Excellence prepares the students to be industry-ready through various academic and extra-curricular exposures.To be a globally admired group of diverse educational institutions enabling students to become valued citizens of the world.

Highest Placement
30 L(International)
18 L (Domestic)

Fees Structure
8.90 L(PGDM)
14.40 L(MBA)

MITCON
MIMA Institute of Management is strategically placed in Balewadi, Pune, and was founded in 2005 by the MITCON Foundation, affiliated with MIMA Consultancy and Engineering Services Ltd., a renowned consulting firm that has been in operation since 1982. The MIMA Pune courses are AICTE-approved and is one of the best MBA college in Pune with two-year full-time Management Programs and are divided into three parts: PGDM Agri-Business Management, PGDM Pharmaceutical Management, and PGDM Business Administration. MIMA Pune fees for these courses range from Rs 5.6 to Rs 6.1 lakh, this varies on the degree level and the duration of the course offered. MIMA Pune campus for interviews and student recruiting over the last 15 years. The MIMA Institute of Management placement cell is operated by a specialised team of specialists that seek the greatest prospects in industries and enterprises for its students. MIMA Pune campus for interviews and student recruiting over the last 15 years.

Highest Placement
12 L Rupees

Fees Structure
60 L Rupees
GENESIS BUSINESS SCHOOL

Established in 2018, Genesis Business School is an elite B-school in Pune, Maharashtra. The institute is approved by the All India Council of Technical Education (AICTE) and affiliated with Savitri Bai Phule Pune University (SPPU). Genesis Business School also has educational cooperation with the Trinity Institute of Management and Research. The B-school is recognised by the Directorate of Technical Education, Maharashtra. Genesis Business School aspires to be a centre of excellence in management education both in India and worldwide. The Genesis Business School courses list includes MBA, MBA+GEP, MBA+GEP+MDP, and GBPL programmes. The institution has experienced and professional faculty teams management education to students. The Genesis Business school campus is spread across 110 acres and has a state-of-the-art infrastructure.

Highest Placement
16 L Rupees

Fees Structure
4.75 L Rupees
ASM IBMR


Highest Placement
12 L Rupees

Fees Structure
4.75 L(Premium MBA)
3.20 L (Regular MBA)

PBS
Pune Business School popularly known as PBS Pune is located in Pune, Maharashtra. The institute is affiliated with Pimpri Chinchwad Education Trust (PCET) and approved by the All India Council For Technical Education (AICTE). An innovative and targeted strategy has been devised to expand and enrich students. All the essential services and facilities are provided to improve the student learning experience. All PBS Pune activities will make quality-centred learning experiences part of the institution's strategic goal. With PBS Pune eventually leading to employability for all participants in the programme. Apart from providing PBS Pune PGDM courses with the best faculties. It is one of the best MBA college in Pune. PBS Pune placement cell acts as a mediator between prospective employers and deserving candidates. Till now, the PBS Pune placement programme has helped 23000+ students get into top companies such as Amazon, ICICI Bank, Capgemini, and so on.

Highest Placement
4 L Rupees

Fees Structure
5.5 L Rupees
DR.D.Y.PATIL
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Highest Placement
13 L Rupees

Fees Structure
7.95 L(PGDM)
IIMS
International Institute of Management Studies (IIMS) is ranked 14th in India in the category of Private B Schools by the Times of India, 2022. In the IIMS Pune Placement of batch 2020-22, the highest package has increased from INR 14.9 LPA to INR 26.10 LPA whereas the average salary package is INR 6.5 LPA.. PGDM is although costly but it provides a more wide aspect of knowledge. Here I'd heard that the faculty for PGDM is the best faculty. Again I would say the best staff, best knowledge. The material which is given is in ppt form. One can easily read it without getting bored, excellent teaching techniques are used. Teachers have completed their PhD. Also, the minimum students per class are around 40. The teaching pattern is dome through TCS ION which was very new to me but is easy to access and provided me with many guidelines during exams.


Highest Placement
26 L Rupees

Fees Structure
7.92 L(PGDM)
4.5 L(MBA)
SURYADUTTA

Suryadatta Group of Institutions, Pune is recognized as the "Best Integrated Campus" for higher Studies in Pune and received the “CSR Top Hotel Management Institute in India” award for Competition Success Review Group. The institution has a record of 100% on-campus placement and is one of the best MBA college in Pune. In this institute the faculty was well-experienced and they teach well. The institute also arranges the site visits for us in different locations and we also visited Mahabaleshwar and the resorts there. PGDM in Suryadatta is a Trimester based pattern in which 3 main exams are conducted in a year and it is a 2-year program. It is totally a practical based course and bookish knowledge is less.So anybody can relate the situations with the real world. They was also providing one more course with Corporate mba which is PGDBM.

Highest Placement
22.5(International)
18(Domestic)

Fees Structure
5.9 L(PGDM)
2.5 L(MBA)
IIEBM(Indus)
IIEBM Indus Business School situated in Pune, Maharashtra was established in August 2000 as an Educational Institute recognized by the Govt. of Maharashtra. IIEBM offers PG Diploma course in Management to the candidates. The institute offers PGDM & PGD-ERP programmes, 6 specializations in the PGDM programme. The institute holds a great track record of placements. During the recent placement drive, more than 300 recruiters visited the campus. The highest salary package offered was INR 14 LPA whereas the median salary stood at INR 6.8 LPA. E-commerce & Services sector was the largest recruiting sector. The institute offers PGDM & PGD-ERP programmes. There are 6 specializations in the PGDM programme. The institute holds a great track record of placements. During the recent placement drive, more than 300 recruiters visited the campus. The highest salary package offered was INR 14 LPA whereas the median salary stood at INR 6.8 LPA.


Highest Placement
30 L Rupees

Fees Structure
7.95 L Rupees
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IICMR
IICMR ( Institute of Industrial and Computer Management and Research) is an AICTE, New Delhi, approved technical education institute and is one of the best MBA college in Pune. This Leading Institute of Computer Studies in Pune is affiliated to Savitribai Phule Pune University, recognized by the Government of Maharashtra, and Accredited by NAAC. It offers technical education, computer education, management courses, and Software Engineering course in Pune for the students. The intake for this course is 120 students. The faculty and staff at the IICMR possess an excellent experience of almost 14 years, which makes them impart innovative and modern learning practices. We strive our best to teach social responsibility and learning discipline among the students through sustainable practices programs. IICMR has bagged awards like the “College of Substance” award from NES, “Best ICT enabled B-School in Maharashtra” by Times Research, and “Best Accredited Student Branch 2016” award by CSI.

Highest Placement
4 L Rupees

Fees Structure
5.75 L Rupees
Choose from the best MBA colleges In Pune and head toward a successful carrier
IIEBM Indus Business School situated in Pune, Maharashtra was established in August 2000 as an Educational Institute recognized by the Govt. of Maharashtra. IIEBM offers PG Diploma course in Management to the candidates. The institute offers PGDM & PGD-ERP programmes, 6 specializations in the PGDM programme. The institute holds a great track record of placements. During the recent placement drive, more than 300 recruiters visited the campus. The highest salary package offered was INR 14 LPA whereas the median salary stood at INR 6.8 LPA. E-commerce & Services sector was the largest recruiting sector. The institute offers PGDM & PGD-ERP programmes. There are 6 specializations in the PGDM programme. The institute holds a great track record of placements. During the recent placement drive, more than 300 recruiters visited the campus. The highest salary package offered was INR 14 LPA whereas the median salary stood at INR 6.8 LPA.
Best MBA colleges in Pune
The International School of Management & Media, Flame University, National Institution Academy, and Symbiosis are a few of the well-known best MBA colleges in Pune. It is the second largest city in Maharashtra after Mumbai and the center of Western education. In addition to the hundreds of other schools and universities that provide higher education, it is the location of Symbiosis International University.
Below is a list of "Best MBA colleges in Pune" that provide quality education and significant industry exposure for a promising career.
Why is Pune good to pursue an MBA?
Pune developed a reputation as a center for management, education, and training. In comparison to other of India's major cities, students who transfer to Pune for their studies have greater possibilities for less rent and a healthier cost of living. Pune is also a safer city to live in. It is a modern Maharashtra city with a mix of uptown areas and academic amenities including the best MBA colleges in Pune. Many of Pune's business schools rank among India's Top MBA programs. It is a top IT destination in the nation and has shown solid growth over the past 20 years. As a result of its well-equipped management institutes, it has a very high student density.
Long-term success in one's work and in life can be attained with the aid of the proper institution and source. In order to choose the best MBA colleges in Pune, many aspects must be taken into account. Before choosing a business school, take into account a few factors.
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Q-1: There are how many MBA colleges in Mumbai?A: Mumbai boasts a total of 185 MBA colleges that offer MBA courses. Out of these, 134 are privately owned and 10 are owned by the government. Pursuing a Master of Business Administration (MBA) is a popular option for post-graduates seeking professional education in Mumbai.
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Q-2: What are some of the private best MBA colleges in Mumbai?A: Some of the top private MBA colleges in Mumbai include S P Jain Institute of Management & Research, NMIMS Mumbai, Welingkar Institute of Management, and K J Somaiya Institute of Management.
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Q-3: What are the different specializations offered by the best MBA colleges in Mumbai?A: MBA colleges in Mumbai offer a wide range of specializations, including Sales & Marketing, Finance, Human Resources, Operations, IT & Systems, Business Analytics, and many more. Students can choose a specialization based on their interests and career goals.
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Q-4: Which of the best MBA colleges in Mumbai have a lower fee structure?A: It is worth noting that only around 1% of MBA colleges in Mumbai have a tuition fee of less than INR 1 lakh. The two MBA colleges that offer lower fees are Welingkar Institute of Management and Indian Institute of Materials Management. It is important to research and compare the fees of different MBA colleges before making a decision.
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Q-5: What are the career options available after completing an MBA from best MBA colleges in Mumbai?A: Completing an MBA in Mumbai opens up a variety of job profiles for candidates. Some of the popular career options include Finance Consultant, Finance Manager, Marketing Manager, Sales Manager, Human Resources Manager, Operations Manager, Product Manager, Data Analytics Manager, Digital Marketing Manager, and more. These career paths offer candidates diverse opportunities to explore their interests and utilize their skills to make a meaningful impact in the corporate world.
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Q-6: What are the criteria to determine the best MBA colleges in Mumbai?A: There are various factors that can help determine the best MBA college in Mumbai, including academic reputation, faculty quality, placement records, infrastructure, campus facilities, industry connections, alumni network, and more. Candidates should research and evaluate these factors before choosing a college.
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Q-7: Which best MBA colleges in Mumbai have the best placement records?A: Some of the MBA colleges in Mumbai that have consistently displayed strong placement records include Jamnalal Bajaj Institute of Management Studies (JBIMS), Shailesh J. Mehta School of Management (SJMSOM), SP Jain Institute of Management and Research (SPJIMR), Narsee Monjee Institute of Management Studies (NMIMS), and K J Somaiya Institute of Management Studies and Research.
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Q-8: Are there any scholarships available for MBA programs in the best MBA colleges in Mumbai?A: Yes, there are various scholarships available for MBA programs in Mumbai offered by the government, private organizations, and colleges themselves. These scholarships are generally merit-based or need-based and can cover a portion or the entire tuition fee. Candidates should research and apply for relevant scholarships.
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Q-9: How important is the accreditation of best MBA colleges in Mumbai?A: Accreditation is an important factor to consider when choosing an MBA college in Mumbai as it signifies that the college meets the standards set by recognized accrediting agencies. The accreditation ensures that the program is of high quality, meets the industry standards, and offers relevant knowledge and skills to students.
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Q-10: What are the fees for MBA programs at the best colleges in Mumbai?A: The fees for MBA programs at the best colleges in Mumbai vary widely depending on the college, course, and specialization. However, on average, the fees for MBA programs in Mumbai range from INR 5 lakh to INR 25 lakh. Candidates should research and compare the fees of different colleges before making a decision.