MBA Colleges in Pune
MBA Colleges in Pune. The top MBA colleges in Pune include Savitribai Phule Pune University, Symbiosis Institute of Business Management (SIBM), IMED Pune, Balaji Institute of Modern Management (BIMM), etc. These colleges have been ranked by some of the top-ranking agencies in India like NIRF and The Week for the management courses they offer.
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- There are a total of 204 colleges in Pune for MBA, comprising 192 private and 12 government colleges. Specializations offered here include HR, Marketing, Finance, Operations, IT, Entrepreneurship, Taxation, etc.
- Admissions in these colleges are popularly done through CAT, MAH CET, MAT, CMAT, and many other national and state-level exams. Some of the UGC approved MBA colleges in Pune also give direct admission to students on the basis of merit.
- The average fee of MBA in these colleges ranges from INR 1-2 lakh per year in most cases. Some of the government colleges charge a bit less. Savitribai Phule Pune University MBA program costs INR 66,200 per year.
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Given below are the ranking of top MBA colleges in Pune with the fee structure. Go through these tables and read our analysis in order to choose the best college for yourself. Cutoff scores of some colleges are also given later.
Top MBA Colleges in Pune: Ranking 2021
Every year, tens of ranking agencies release the lists of top colleges in India for different streams including management, education, law, engineering, architecture, pharmacy, etc. These rankings are divided into various other categories like state-wise, city-wise, university type, etc. NIRF, Business Today, and The Economic Times are some of these popular agencies releasing various ranking lists like Top MBA Colleges in India, Top Engineering Colleges in Karnataka, etc.
These rankings are based on multiple parameters like Faculty Quality, Placements, Exam Pattern, Learning Outcome, etc. Mentioned below are some of the top MBA colleges in Pune rank wise with their fee structure. We have also mentioned the rankings of management colleges, as released in the latest NIRF Ranking 2021.
Top MBA Colleges in Pune: NIRF Ranking 2021
The National Institutional Ranking Framework or simply NIRF is a government ranking agency run by the Ministry of HRD, Government of India. The agency releases multiple ranking lists every year for 10 different categories, namely, University, Engineering, College, Management, Pharmacy, Law, Architecture, Medical, and Dental, along with an Overall ranking list.
Listed below are the top MBA colleges in Pune by NIRF, as released in the 2021 ranking survey.
| COLLEGE NAME | NIRF RANKING 2021 | NIRF RANKING 2019 | CHANGE | AVERAGE ANNUAL FEES |
|---|---|---|---|---|
| SIBM Pune | 22 | 20 | -2 | INR 9,60,000 |
| IMED Pune | 63 | 55 | -8 | INR 2,42,000 |
| PIBM Pune | 76-100 | 76-100 | 0 | INR 3,85,000 |
| BIMHRD Pune | 76-100 | NP | – | INR 4,45,000 |
NIRF has included 4 colleges from Pune in its list this year.
- Only SIBM Pune and IMED Pune have been allotted definite ranks. The Pune Institute of Business Management [PIBM] and BIMHRD Pune have been mentioned in the rank band of 76-100 along with 23 other colleges.
- SIBM has secured the 22nd rank this year while the institute ranked at 20th position last year.
- IMED Pune has also seen a drop of 8 ranks in NIRF Ranking 2021.
The following chart gives a glimpse into the ranking parameters of the NIRF 2021 survey. It also compares the weightage of these parameters in 2019 and 2017.
Top MBA Colleges in Pune: The Week Ranking 2019
| COLLEGE NAME | THE WEEK RANKING 2019 | THE WEEK RANKING 2018 | CHANGE | AVERAGE ANNUAL FEES |
|---|---|---|---|---|
| SIBM Pune | 11 | 14 | +3 | INR 9,60,000 |
| SCMHRD | 19 | 21 | +2 | INR 8,13,000 |
| SIIB Pune | 25 | 32 | +7 | INR 7,30,000 |
| SITM Pune | 38 | 44 | +6 | INR 5,90,000 |
| BIMM Pune | 39 | 49 | +10 | INR 4,15,000 |
| BIMHRD Pune | 48 | 66 | +18 | INR 4,15,000 |
| ISBM Pune | 48 | 73 | +25 | INR 5,15,000 |
| MIT-WPU School of Management | 51 | 71 | +20 | INR 3,50,000 |
| BITM Pune | 51 | 76 | +25 | INR 4,15,000 |
The Week has ranked SIBM Pune as the best MBA college in Pune this year.
- The list released by The Week-Hansa research does not mention IMED Pune and PIBM Pune, the 2 institutes which were mentioned in the list released by NIRF.
- The top 4 spots are occupied by the institutes affiliated to Symbiosis International (Deemed University).
- All the top MBA colleges in Pune have managed to improve their rankings as compared to last year.
- The biggest improvements have been shown by ISBM Pune and BITM Pune.
The following table shows what was involved during this ranking calculation.
| Academic Experts | 276 |
| Current Students | 585 |
| Aspiring Students | 529 |
| Recruiters | 75 |
| Interviews | 1465 |
Top MBA Colleges in Pune: Business Today Ranking 2019
| COLLEGE NAME | BUSINESS TODAY RANKING 2019 | BUSINESS TODAY RANKING 2018 | CHANGE | AVERAGE ANNUAL FEES |
|---|---|---|---|---|
| SIBM Pune | 15 | 18 | +3 | INR 9,60,000 |
| SCMHRD | 24 | 24 | 0 | INR 8,13,000 |
| SIIB Pune | 43 | 67 | +24 | INR 7,30,000 |
| BIMM Pune | 46 | 51 | +5 | INR 4,15,000 |
| SITM Pune | 61 | 76 | +15 | INR 5,90,000 |
| PIBM Pune | 70 | 74 | +4 | INR 3,85,000 |
| VAMNICOM Pune | 73 | 77 | +4 | INR 3,15,000 |
| ISBM Pune | 82 | 85 | +3 | INR 5,15,000 |
| BIMHRD Pune | 88 | 89 | +1 | INR 4,15,000 |
SIBM Pune has been ranked as the best MBA college in Pune by Business Today also.
- This list also includes PIBM Pune but IMED Pune is still missing.
- Other top MBA colleges in Pune mentioned in this list are SCMHRD, SIIB and BIMM.
- SIIB Pune has improved its rank by 24 places and now ranks at No. 43 in the entire country.
The following chart shows which all parameters are involved in the rankings survey of Business Today 2019.
Top Private MBA Colleges in Pune with best ROI (Return on Investment) in 2021
ROI is the key factor to determine how profitable is the MBA course of a particular college. ROI or Return on Investment is calculated as a percentage of the return (package) you get on your investment (fees). The following table lists some of the top MBA colleges in Pune with the best ROI.
| COLLEGE NAME | AVERAGE ANNUAL FEES | AVERAGE PLACEMENT PACKAGE | ROI RANK* |
|---|---|---|---|
| SCMHRD | INR 8,13,000 | INR 15,60,000 | 1 |
| SIBM Pune | INR 9,60,000 | INR 17,48,000 | 2 |
| SIIB Pune | INR 7,30,000 | INR 12,00,000 | 3 |
| BIMM Pune | INR 4,15,000 | INR 6,50,000 | 4 |
| BIMHRD Pune | INR 4,15,000 | INR 6,50,000 | 4 |
| SITM Pune | INR 5,90,000 | INR 8,77,000 | 6 |
| PIBM Pune | INR 3,85,000 | INR 5,50,000 | 7 |
| ISBM Pune | INR 5,15,000 | INR 7,10,000 | 8 |
*ROI Percentage={(Average Placement Package)/(Average Annual Fee)}*100%
Among all the colleges, SCMHRD ranks No. 1 when it comes to the return on investment.
- Among all the Symbiosis colleges mentioned, SITM ranks the lowest ROI wise.
- VAMNICOM Pune, one of the top public MBA colleges in Pune, offers the best ROI in the city with the average annual package being more than twice the fee for 1-year.
- Other top MBA colleges in Pune according to ROI are Balaji Institute of Modern Management [BIMM] and Pune Institute of Business Management [PIBM].
Top MBA Colleges in Pune: Cutoff
| COLLEGE NAME | CUTOFF |
|---|---|
| Symbiosis Institute of Business Management (SIBM), Pune | 96 (SNAP), 98 (CAT) |
| Symbiosis Institute of Management Studies (SIMS), Pune | 75 (SNAP) |
| Symbiosis Center for Information Technology (SCIT), Pune | 74 (SNAP) |
| Symbiosis Institute of International Business (SIIB), Pune | 92 (SNAP) |
| Department of Management Studies, Savitribai Phule Pune University [PUMBA], Pune | 128 (MAH CET), 90 (CMAT), 80 (MAT), 90 (ATMA) |
| AISSM Society Institute of Management [AISSMS IOM], Pune | 91 (MAH CET) |
| Pune Institute of Business Management [PIBM], Pune | 104 (MAH CET), 50 (CAT) |
| Savitribai Phule Pune University, Pune | 114 (MAH CET), 85 (CAT) |
Top MBA Colleges in Pune: Admission Process 2021
There are a total of 204 MBA colleges in Pune imparting excellent management education to students. 12 of these colleges are public while 192 are top private MBA colleges in Pune. MBA Colleges in Pune
The following chart shows a comparison between these 2 categories.
Source: Official Survey
Admissions are mainly done through top management entrance exams like CAT, MAT, XAT, NMAT, SNAP, etc. Some institutes also conduct their own entrance tests.
- After the entrance exam scores are considered, colleges also conduct their own Written Ability Test (WAT) and rounds of Group Discussions (GD) and Personal Interviews (PI).
- Certain colleges also conduct additional rounds like an extempore debate. Along with all these, top MBA colleges in Pune also consider a student’s overall academic performance including the marks in Class X and XII.
SIBM Pune
Symbiosis Institute of Business Management (SIBM), Pune is one of the multiple higher education institutes affiliated to Symbiosis International (Deemed University). MBA Colleges in Pune
Check other :
- The institute was established in 1978 and is many times ranked among the top 10 private MBA colleges in India.
- Symbiosis International (Deemed University) is ranked among the top 150 universities in the BRICS countries (Brazil, Russia, India, China, South Africa) by the QS World University Rankings 2018.
- SIBM Pune offers MBA specialization courses in Marketing, Finance, Human Resource Management, and Operations.
- The institute offers an excellent education atmosphere with the presence of international students from around 75 countries.
SIBM Pune offers 180 seats for the full-time program of a 2-year MBA. However, there is also some reservation in practice. The following chart gives details of that. MBA Colleges in Pune
Source: SIBM Pune Official Website
In addition to this, the institute also gives some reservations above its intake capacity. An additional 15% reservation is given to international students, plus, 2 seats are reserved for Kashmiri Migrants.
The institute registered the highest package as INR 34.26 LPA in 2019. More than 90 companies visited the SIBM campus and made 186 offers. In a batch of students with an average work experience of 2+ years and the female student share at 33%, the average package went to INR 20.14 LPA. MBA Colleges in Pune
The following chart shows the average CTC for a different number of students.
Source: SIBM Pune Official Website
IMED Pune
IMED (Institute of Management and Entrepreneurship Development), Pune is affiliated to Bharati Vidyapeeth (Deemed to be University).
- The institute has been ranked as the 63rd best MBA college in India by NIRF in 2021.
- Business and Management Chronicle has also ranked IMED Pune among the top 10 B-schools in western India.
- The institute received the Best Institute Award by ASSOCHAM for promoting leadership and Industry Institute Partnership.
- Admissions to IMED Pune’s MBA program are done on the basis of the score in BVP BMAT entrance exam conducted by the university. MBA Colleges in Pune
BMAT exam will be conducted 3 times a year. In 2019, the exam was held on 24th March, 31st March and 21st April.
The institute registers 100% placements for its MBA program. The following table gives some insights into the MBA placements 2018-19.
| Highest Package (International) | INR 54.08 lakh |
| Highest Package (Domestic) | INR 16.10 lakh |
| Average Package | INR 7 lakh |
| No. of Companies | 150+ |
BIMM Pune
BIMM (Balaji Institute of Modern Management), Pune is one of the top MBA colleges in Pune and is affiliated to the Sri Balaji University, Pune.
- The institute has been ranked 2nd among all the top private MBA colleges in India for ROI by Outlook in 2018.
- Business Today named BIMM Pune as the #1 MBA college in Pune for living experience in 2017.
- BIMM Pune offers MBA General, IT & Marketing, PM & HRD and even Executive MBA.
- The General MBA program is also further divided into specializations in Sales and Marketing, Finance and Financial Services, Systems and Operations & Supply Chain Management.
The following graph shows the seat intake for each of these programmes.
Source: BIMM Pune Official Website
Top MBA Colleges in Pune: Entrance Exam Wise
The majority of admissions in the top MBA colleges in Pune are done through national level MBA entrance exams like CAT, XAT, MAT, SNAP, etc. However, some institutes consider the scores of only some local exams like MAH CET. For example, IMED Pune gives admissions only on the basis of the score secured in BVP BMAT.
Given below are the top MBA colleges in Pune categorized according to the entrance exam they accept.
Top MBA Colleges in Pune Accepting MAT Score
MAT or Management Aptitude Test is conducted 4 times in a year for admission in MBA programs.
- More than 600 top MBA colleges in India accept MAT score.
- The exam is held in February, May, September and December.
- Combining all the 4 sessions, more than 3 lakh students apply for MAT every year.
The top MBA colleges in Pune accepting MAT score are:
- Savitribai Phule Pune University [PUMBA]
- Balaji Institute of Modern Management [BIMM]
- Flame University, Pune
- Arihant Institute of Business [AIBM]
Top MBA Colleges in Pune Accepting CMAT Score
CMAT (Common Management Admission Test) is conducted by NTA in January every year for admissions in more than 1000 AICTE approved B-Schools in India. It is an online exam for a duration of 3 hours, having 100 questions divided into 4 sections. Some of the top MBA colleges in Pune accepting CMAT score are:
- Balaji Institute of Modern Management [BIMM], Pune
- AISSM Society Institute of Management [AISSMS IOM], Pune
- Indira Institute of Management [IIMP], Pune
Apart from this, BVP BMAT is accepted only by IMED Pune.
Also check:
| Top MBA Colleges in Pune Accepting CAT | Top MBA Colleges in Pune Accepting MAH CET |
| Top MBA Colleges in Pune Accepting XAT | Top MBA Colleges in Pune Accepting NMAT |
Top MBA Colleges in Pune: Placement Wise
Pune management colleges show good placements as many top colleges like those affiliated to Symbiosis International (Deemed University) are located here. 100s of recruiters visit the city every year to hire some of the most brilliant brains from these colleges. There are many top MBA colleges in Pune with 100% placement.
The below graph shows some of the colleges with the average CTC they offer.
Source: Official Websites
The top recruiters in these companies include:
| Bain & Company | Accenture Strategy | CISCO |
| Amazon | Capgemini | Gartner |
| Boston Consulting Group (BCG) | Morgan Stanley | BYJU’s |
| Barclays Capital | McKinsey & Company | TCS |
| Godrej | Airtel | J P Morgan |
Placements depend a lot upon the stream you choose. So, check the best colleges stream-wise by clicking on the links below.
Top MBA Colleges in Pune For Marketing
The advertising and marketing sector in India is expected to cross the $10 billion mark by the end of 2021. Growing at a compound annual growth rate (CAGR) of 33.5%, the digital marketing, and online marketing industry are expected to grow at a twofold-threefold rate.
Following are the top MBA colleges in Pune for Marketing:
- Balaji Institute of Modern Management [BIMM]
- Institute of Management and Entrepreneurship Development [IMED]
- Symbiosis Institute of Business Management [SIBM]
| Top MBA Colleges in Mumbai | Top MBA Colleges in Delhi |
| Top MBA Colleges in Bangalore | Top MBA Colleges in Pune |
Top MBA Colleges in Pune: FAQs
Ques. Which MBA degree pays the most?
Ans. As per the latest trends, MBA Business Analytics and MBA Marketing have proved themselves to be the most lucrative MBA specializations.
Ques. Which is the best college for MBA in Pune?
Ans. Pune houses some of the top MBA colleges in Maharashtra including SIBM Pune, Flame University, and PUMBA.